Form 8-K

8-K — Solstice Advanced Materials Inc.

Accession: 0001104659-26-086878

Filed: 2026-07-27

Period: 2026-07-24

CIK: 0002064953

SIC: 2800 (CHEMICALS & ALLIED PRODUCTS)

Item: Entry into a Material Definitive Agreement

Item: Financial Statements and Exhibits

Documents

8-K — tm2620579d3_8k.htm (Primary)

EX-10.1 — EXHIBIT 10.1 (tm2620579d3_ex10-1.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: tm2620579d3_8k.htm · Sequence: 1

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0002064953

2026-07-24

iso4217:USD

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Form 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT – July 24, 2026

(Date of earliest event reported)

SOLSTICE ADVANCED MATERIALS INC.

(Exact name of Registrant as specified in its

Charter)

Delaware

001-42812

33-2919563

(State

or other jurisdiction of

incorporation)

(Commission

File Number)

(I.R.S.

Employer Identification

Number)

115

Tabor Road

Morris

Plains, New Jersey

07950

(Address

of principal executive offices)

(Zip

Code)

Registrant’s telephone number, including

area code: (973) 370-8188

Check the appropriate box below if the Form 8-K filing is intended

to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common

Stock, par value $0.01 per share

SOLS

The

Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities

Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company ¨

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 1.01 Entry Into a Material Definitive Agreement.

On July 24, 2026, Solstice Advanced Materials

Inc. (the “Company”), the consenting lenders, and JPMorgan Chase Bank, N.A., as administrative agent, entered into

an amendment (the “Amendment”) to the existing credit agreement, dated October 29, 2025, between the Company,

the guarantors named therein, the lenders and issuing banks party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (as

so amended, the “Credit Agreement”). The Amendment amends the terms of the credit facilities to allow, among other

things, for the provision of $4.685 billion in bridge financing to the Company and certain other transactions in connection with that

certain agreement and plan of merger, dated as of July 6, 2026, with, among others, Solar Merger Sub One Inc., a Delaware corporation

and a wholly-owned subsidiary of the Company, Solar Merger Sub Two LLC, a Delaware limited liability company and a wholly-owned subsidiary

of the Company, and Element Solutions Inc., a Delaware corporation.

The foregoing description of the Amendment does not purport to be complete

and is subject to, and qualified in its entirety by, the full text of the Amendment, which is attached as Exhibit 10.1 to this Current

Report on Form 8-K and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

No.

Description

10.1

First Amendment to Credit Agreement, dated as of July 24, 2026, among Solstice Advanced Materials Inc., the consenting lenders, and JPMorgan Chase Bank, N.A.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

# Schedules and/or exhibits have been omitted from this filing pursuant to Item 601(a)(5) of Regulation S-K. The Registrant agrees to

furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon request.

SIGNATURES

Pursuant to the requirements of the Securities

Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly

authorized.

Date:

July 27, 2026

SOLSTICE ADVANCED MATERIALS INC.

By:

/s/

Brian Rudick

Senior Vice President,

General Counsel & Corporate Secretary

EX-10.1 — EXHIBIT 10.1

EX-10.1

Filename: tm2620579d3_ex10-1.htm · Sequence: 2

Exhibit 10.1

Execution Version

FIRST AMENDMENT TO CREDIT AGREEMENT

This FIRST AMENDMENT TO CREDIT

AGREEMENT (this “Amendment”), is entered into as of July 24, 2026, among Solstice Advanced Materials Inc., a

Delaware corporation (the “Borrower”), the Lenders (as defined below) party hereto (the “Consenting Lenders”),

and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”).

W I T N E S S E T H:

WHEREAS the Borrower, the Administrative

Agent, the several lenders and issuing banks from time to time party thereto (the “Lenders”), are party to that certain

Credit Agreement, dated as of October 29, 2025 (as amended, restated, amended and restated or otherwise modified or supplemented

prior to the date hereof, the “Credit Agreement” and as amended by this Amendment, the “Amended Credit Agreement”).

WHEREAS, the Borrower has entered

into that certain Agreement and Plan of Merger, dated as of July 6, 2026 (the “Merger Agreement”), with, among

others, Solar Merger Sub One Inc., a Delaware corporation and a wholly-owned subsidiary of the Borrower (“Merger Sub One”),

Solar Merger Sub Two LLC, a Delaware limited liability company and a wholly-owned subsidiary of the Borrower (“Merger Sub Two”),

and Element Solutions Inc., a Delaware corporation (the “Company”) pursuant to which, (i) Merger Sub One will

merge with and into the Company, with the Company surviving (the “First Merger”) and (ii) immediately following

the First Merger, the surviving corporation in the First Merger will merge with and into Merger Sub Two, with Merger Sub Two surviving

(the “Second Merger” and the acquisition of the Company and its subsidiaries effected by the First Merger and the

Second Merger pursuant to the terms of the Merger Agreement as in effect on the date hereof, the “Eclipse Acquisition”);

WHEREAS, the Borrower may enter

into a $4,685,000,000 senior secured 364-day bridge facility (the “Eclipse Bridge Facility”), the proceeds of which

will be used, in part, to finance the Eclipse Acquisition, consummate the refinancing of certain of the Company’s indebtedness

and pay fees and expenses in connection therewith (collectively, the “Eclipse Transactions”);

WHEREAS, it is intended that

the obligations in respect of the Eclipse Bridge Facility will be secured by the Collateral on an equal priority basis with the Liens

securing the Obligations, and in order to establish such equal priority the Administrative Agent, on behalf of the Secured Parties, and

the administrative agent under the Eclipse Bridge Facility (the “Eclipse Bridge Facility Administrative Agent”), on

behalf of the secured parties under the Eclipse Bridge Facility, will enter into an intercreditor agreement (the “Eclipse Bridge

Facility Intercreditor Agreement”), substantially in the form of the intercreditor agreement that has been provided to the

Administrative Agent prior to the date hereof (with such modifications as are necessary to reflect the terms of the Eclipse Bridge Facility

and to reflect that the Eclipse Bridge Facility Administrative Agent will be the controlling administrative agent thereunder (which will

include, among other modifications, designating the Bridge Administrative Agent as the “First Lien Administrative Agent”),

along with any other modifications that are otherwise reasonably acceptable to the Eclipse Bridge Facility Administrative Agent, the

Borrower and the Administrative Agent);

WHEREAS, in order to permit

the Borrower to enter into the Eclipse Bridge Facility under the Credit Agreement, the Borrower has requested that the Lenders agree

to amend the Credit Agreement as set forth in this Amendment;

WHEREAS, Section 9.02

of the Credit Agreement permits the Credit Agreement and any other Loan Document to be amended from time to time with the written consent

of the Administrative Agent and the Required Lenders; and

WHEREAS, the Consenting Lenders

(which constitute the Required Lenders under the Credit Agreement) are willing to amend the Credit Agreement as set forth herein;

NOW THEREFORE, in consideration

of the premises and mutual covenants contained herein, the undersigned hereby agree as follows:

Defined Terms. Capitalized terms used but not otherwise defined herein shall have the meanings assigned to them in the Amended

Credit Agreement.

II.

Amendments to the Credit Agreement. Effective as of the First Amendment Effective Date (as defined below), the Credit Agreement

is hereby amended to delete the stricken text (indicated textually in the same manner as the following example: stricken

text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined

text) as set forth in the pages of the Credit Agreement attached as Exhibit A hereto.

III.

Effectiveness of Amendment. This Amendment shall become effective as of the earliest date (the “First Amendment Effective

Date”) on which the following conditions shall have been satisfied (or waived):

(i)          the

Administrative Agent shall have received duly executed counterparts to this Amendment from (x) the Lenders constituting the Required

Lenders under the Credit Agreement, (y) the Administrative Agent and (z) the Borrower, and

(ii)         the

Administrative Agent shall have received all fees and other amounts due and payable on or prior to the First Amendment Effective Date

in connection with this Amendment, including, to the extent invoiced at least three Business Days prior to the First Amendment Effective

Date (or such shorter period agreed by the Borrower in its sole discretion), reimbursement or payment of all reasonable, documented and

invoiced out-of-pocket expenses (including fees, charges and disbursements of Willkie Farr & Gallagher LLP) required to be reimbursed

or paid pursuant to Section 9.03 of the Amended Credit Agreement.

IV.

Representations and Warranties. The Borrower hereby represents and warrants that (a) after giving effect to this Amendment,

each of the representations and warranties set forth in the Loan Documents are true and correct in all material respects (or, in the

case of representations and warranties qualified as to materiality or Material Adverse Effect, in all respects) on and as of the First

Amendment Effective Date, except in the case of any such representation and warranty that expressly relates to a prior date, in which

case such representation and warranty is true and correct in all material respects (or in the case of representations and warranties

qualified as to materiality or Material Adverse Effect, in all respects) as of such earlier date, (b) after giving effect to this

Amendment, no Default or Event of Default shall have occurred and be continuing, and (c) this Amendment has been duly authorized,

executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the

Borrower in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium

or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered

in a proceeding in equity or at law.

Intercreditor Agreement. Each Lender party hereto hereby irrevocably authorizes and instructs the Administrative Agent to, without

any further consent of any Lender or any other Secured Party, enter into the Eclipse Bridge Facility Intercreditor Agreement. Each Lender

party hereto irrevocably agrees that the Eclipse Bridge Facility Intercreditor Agreement entered into by the Administrative Agent shall

be binding on the Secured Parties, and each Lender hereby agrees that it will take no actions contrary to the

provisions of the Eclipse

Bridge Facility Intercreditor Agreement.

VI. Effect

of Amendment; Reaffirmation.

(a) Except

as expressly set forth herein, this Amendment shall, not by implication or otherwise, limit, impair, constitute a waiver of or otherwise

affect the rights and remedies of the Lenders or the Administrative Agent under the Credit Agreement or any other Loan Document, and

shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the

Credit Agreement or any other provision of the Credit Agreement or of any other Loan Document, all of which are ratified and affirmed

in all respects and shall continue in full force and effect.

(b) This

Amendment shall constitute a Loan Document for purposes of the Amended Credit Agreement. On and after the First Amendment Effective Date,

each reference in any Loan Document to the “Credit Agreement” and each reference in the Credit Agreement to “this Agreement”,

“hereunder”, “hereof” or “herein” shall mean and be a reference to the Credit Agreement as amended

by this Amendment. Nothing herein shall be deemed to entitle the Loan Parties to a consent to, or a waiver, amendment, modification or

other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan

Document in similar or different circumstances. Nothing in this Amendment shall be deemed to be a novation of any Obligations under the

Credit Agreement or any other Loan Document.

Borrower, on its own behalf and on behalf of each other Loan Party, hereby ratifies and reaffirms: (a) the Loan Document Obligations

in respect of the Amended Credit Agreement and each of the other Loan Documents and all of the covenants, duties, indebtedness and liabilities

under the Amended Credit Agreement and the other Loan Documents, (b) its and each other Loan Party’s prior grant and the validity

of the Liens granted by it and such other Loan Party pursuant to the Security Documents, with all such Liens continuing in full force

and effect after giving effect to this Amendment and (c) the Liens and security interests created in favor of the Administrative

Agent for the benefit of the Secured Parties pursuant to each Security Document; which Liens shall continue to secure the Obligations,

in each case, on and subject to the terms and conditions set forth in the Amended Credit Agreement and the other Loan Documents.

VII. Governing

Law; Jurisdiction; Consent to Service of Process; WAIVER OF JURY TRIAL. This Amendment and any claim, controversy, dispute or cause

of action (whether in contract or tort or otherwise and whether at law or in equity) based upon, arising out of or relating to this Amendment

and the transactions contemplated hereby shall be governed by, and construed in accordance with, the law of the State of New York. The

provisions of Sections 9.09(b), (c) and (d) (Jurisdiction; Consent to Service of Process) and 9.10 (WAIVER OF JURY TRIAL) of

the Amended Credit Agreement are incorporated herein by reference, mutatis mutandis.

VIII.

Counterparts. This Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each

of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed

counterpart of a signature page of this Amendment that is an electronic signature transmitted by telecopy, emailed pdf or any other

electronic means that reproduces an image of an actual executed signature page shall be effective as delivery of a manually executed

counterpart of this Amendment. The words “execution,” “signed,” “signature,” “delivery,”

and words of like import in or relating to this Amendment shall be deemed to include electronic signatures, deliveries or the keeping

of records in any electronic form (including deliveries by telecopy, emailed pdf or any other electronic means that reproduces an image

of an actual executed signature page), 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, provided that nothing herein shall require the Administrative Agent to accept electronic signatures

in any form or format without its prior written consent and pursuant to procedures approved by it; provided, further, without limiting

the foregoing, (i) to the extent the Administrative Agent has agreed to accept any electronic signature, the Administrative Agent

and each of the Lenders shall be entitled to rely on such electronic signature purportedly given by or on behalf of, the Borrower or

any other Loan Party without further verification thereof and without any obligation to review the appearance or form of any such electronic

signature and (ii) upon the request of the Administrative Agent or any Lender, any electronic signature shall be promptly followed

by a manually executed counterpart. Without limiting the generality of the foregoing, the Borrower hereby (i) agrees that, for all

purposes, including without limitation, in connection with any workout, restructuring, enforcement of remedies, bankruptcy proceedings

or litigation among the Administrative Agent, the Lenders, the Borrower and the Loan Parties, electronic signatures transmitted by telecopy,

emailed pdf or any other electronic means that reproduces an image of an actual executed signature page and/or any electronic images

of this Amendment shall have the same legal effect, validity and enforceability as any paper original, (ii) the Administrative Agent

and each of the Lenders may, at its option, create one or more copies of this Amendment in the form of an imaged electronic record in

any format, which shall be deemed created in the ordinary course of such Person’s business, and destroy the original paper document

(and all such electronic records shall be considered an original for all purposes and shall have the same legal effect, validity and

enforceability as a paper record), (iii) waives any argument, defense or right to contest the legal effect, validity or enforceability

of this Amendment based solely on the lack of paper original copies of this Amendment, including with respect to any signature pages thereto

and (iv) waives any claim against any Lender-Related Person for any losses, claims, damages and liabilities arising solely from

the Administrative Agent’s and/or any Lender’s reliance on or use of electronic signatures and/or transmissions by telecopy,

emailed pdf or any other electronic means that reproduces an image of an actual executed signature page, including any such losses, claims,

damages and liabilities arising as a result of the failure of the Borrower and/or any Loan Party to use any available security measures

in connection with the execution, delivery or transmission of any electronic signature.

IX.

Headings. The headings of this Amendment are used for convenience of reference only, are not part of this Amendment and shall

not affect the construction of, or be taken into consideration in interpreting, this Amendment.

[signature pages follow]

IN WITNESS WHEREOF, the undersigned have caused

this Amendment to be executed and delivered by their duly authorized officers as of the date first above written.

BORROWER:

SOLSTICE ADVANCED MATERIALS INC.

By:

/s/

Tina Pierce

Name:

Tina Pierce

Title:

Senior Vice President and Chief Financial Officer

[Signature Page to

First Amendment]

JPMORGAN CHASE BANK, N.A., as

Administrative Agent

By:

/s/

Ayesha Nabi

Name:

Ayesha Nabi

Title:

[Signature Page to

First Amendment]

GOLDMAN SACHS BANK USA,

as a Lender

By:

/s/

Robert Ehudin

Name:

Robert Ehudin

Title:

Authorized Signatory

[Signature Page to

First Amendment]

CITIBANK N.A.,

as a Lender

By:

/s/

David Jaffe

Name:

David Jaffe

Title:

Vice President

[Signature Page to

First Amendment]

BARCLAYS BANK PLC,

as a Lender

By:

/s/

Charlene Saldanha

Name:

Charlene Saldanha

Title:

Director

[Signature Page to

First Amendment]

DEUTSCHE BANK AG NEW YORK BRANCH,

as a Lender

By:

/s/

Jackson Merchant

Name:

Jackson Merchant

Title:

By: /s/

John Huntington

Name: John Huntington

Title: Managing Director

[Signature Page to

First Amendment]

ROYAL BANK OF CANADA,

as a Lender

By:

/s/

Olivia Potter

Name:

Olivia Potter

Title:

Director, Corporate Client Group - Finance

[Signature Page to First Amendment]

WELLS FARGO BANK, NATIONAL ASSOCIATION,

as a Lender

By:

/s/

Matthew Milbourn

Name:

Matthew Milbourn

Title:

Executive Director

[Signature Page to

First Amendment]

Very truly yours,

MORGAN STANLEY BANK, N.A.,

By:

/s/

Jake Cohan

Name:

Jake Cohan

Title:

Authorized Signatory

[Signature Page to

First Amendment]

MUFG BANK, LTD.,

as a Lender

By:

/s/

Andrew Gittler

Name:

Andrew Gittler

Title:

Authorized Signatory

[Signature Page to

First Amendment]

Bank of America, N.A.,

a Revolving Lender and an Issuing Bank

By:

/s/

Erika Murphy

Name:

Erika Murphy

Title:

Director

[Signature Page to

First Amendment]

BANCO BILBAO VIZCAYA ARGENT ARIA,

S.A. NEW YORK BRANCH,

as a Lender

By:

/s/

Brian Crowley

Name:

Brian Crowley

Title:

Managing Director

By:

/s/

Armen Semizian

Name:

Armen Semizian

Title:

Managing Director

[Signature Page to

First Amendment]

BNP PARIBAS,

as a Lender

By:

/s/

David Berger

Name:

David Berger

Title:

Managing Director

By:

/s/

Angela Barbieri

Name:

Angela Barbieri

Title:

Director

[Signature Page to

First Amendment]

HSBC BANK USA, N.A.,

as a Lender

By:

/s/

Peggy Yip

Name:

Peggy Yip

Title:

Managing Director

[Signature Page to

First Amendment]

SUMITOMO MITSUI BANKING CORPORATION,

as a Lender

By:

/s/

Minxiao Tian

Name:

Minxiao Tian

Title:

Director

[Signature Page to

First Amendment]

SOCIETE GENERALE,

as a Lender

By:

/s/

Shelley Yu

Name:

Shelley Yu

Title:

Director

[Signature Page to

First Amendment]

THE TORONTO-DOMINION BANK, NEW YORK

BRANCH,

as a Lender and Issuing Bank

By:

/s/

Liana Chernysheva

Name:

Liana Chernysheva

Title:

Authorized Signatory

[Signature Page to

First Amendment]

UNICREDIT BANK GMBH, NEW YORK BRANCH,

as a Lender

By:

/s/

Douglas Riahi

Name:

Douglas Riahi

Title:

Managing Director

By:

/s/

Peter Daugavietis

Name:

Peter Daugavietis

Title:

Director

[Signature Page to

First Amendment]

TRUIST BANK,

as a Lender

By:

/s/

Alex Harrison

Name:

Alex Harrison

Title:

Director

[Signature Page to

First Amendment]

COMMERZBANK AG, NEW YORK BRANCH,

as a Lender

By:

/s/

Thomas Devitt

Name:

Thomas Devitt

Title:

Director

By:

/s/

Robert Sullivan

Name:

Robert Sullivan

Title:

Director

[Signature Page to

First Amendment]

DBS BANK LTD.,

as a Lender

By:

/s/

Goh Soo Ching

Name:

Goh Soo Ching

Title:

Assistant Vice President

[Signature Page to

First Amendment]

EXHIBIT A

[Attached hereto]

EXECUTION VERSION

CREDIT AGREEMENT

dated as of

October 29,

2025,

amended by the First Amendment to Credit Agreement, dated as

of July 24, 2026

among

SOLSTICE

ADVANCED MATERIALS INC.,

as Borrower,

The Lenders and Issuing Banks

Party Hereto,

and

JPMORGAN

CHASE BANK, N.A.,

as Administrative Agent

JPMORGAN

CHASE BANK, N.A.,

GOLDMAN

SACHS BANK USA,

BOFA

SECURITIES, INC.,

BARCLAYS

BANK PLC,

CITIGROUP

GLOBAL MARKETS INC.,

DEUTSCHE

BANK SECURITIES INC.,

MORGAN

STANLEY SENIOR FUNDING, INC.,

RBC

CAPITAL MARKETS, LLC

and

WELLS

FARGO SECURITIES, LLC,

as Joint Lead Arrangers, Joint Bookrunners

and Syndication Agents

BBVA

SECURITIES INC.,

BNP

PARIBAS SECURITIES CORP.,

HSBC

SECURITIES (USA) INC.,

SUMITOMO

MITSUI BANKING CORPORATION,

SOCIÉTÉ

GÉNÉRALE,

SECURITIES (USA) LLC

and

UNICREDIT

BANK GMBH, NEW YORK BRANCH,

as Joint Lead Arrangers and Documentation Agents

TABLE OF CONTENTS

Page

ARTICLE I Definitions

SECTION 1.01. Defined Terms

SECTION 1.02. Classification of Loans and Borrowings

6771

SECTION 1.03. Terms Generally

6772

SECTION 1.04. Accounting Terms; GAAP; Borrower

Representative

6772

SECTION 1.05. Pro Forma Calculations

6873

SECTION 1.06. Limited Condition Transaction

6873

SECTION 1.07. Change in GAAP

6974

SECTION 1.08. Delaware Divisions

SECTION 1.09. Interest Rates; Benchmark Notification.

ARTICLE II The

Credits

7075

SECTION 2.01. Commitments

7075

SECTION 2.02. Loans and Borrowings

SECTION 2.03. Requests for Borrowings

7176

SECTION 2.04. [Reserved]

7277

SECTION 2.05. Letters of Credit

7277

SECTION 2.06. Funding of Borrowings

7883

SECTION 2.07. Interest Elections

7984

SECTION 2.08. Termination and Reduction of Commitments

8085

SECTION 2.09. Repayment of Loans; Evidence of

Debt

SECTION 2.10. Amortization of Term B Loans

8186

SECTION 2.11. Prepayment of Loans

8388

SECTION 2.12. Fees

8691

SECTION 2.13. Interest

SECTION 2.14. Alternate Rate of Interest

8893

SECTION 2.15. Increased Costs

9196

SECTION 2.16. Break Funding Payments

9297

SECTION 2.17. Taxes

SECTION 2.18. Payments Generally; Pro Rata Treatment;

Sharing of Setoffs

96101

SECTION 2.19. Mitigation Obligations; Replacement

of Lenders

103

SECTION 2.20. Defaulting Lenders

99104

SECTION 2.21. Incremental Extensions of Credit

106

SECTION 2.22. Extension of Maturity Date

104110

SECTION 2.23. Refinancing Facilities

107112

ARTICLE III Representations

and Warranties

108114

SECTION 3.01. Organization; Powers

108114

SECTION 3.02. Authorization; Due Execution and

Delivery; Enforceability

109114

SECTION 3.03. Governmental Approvals; No Conflicts

109114

SECTION 3.04. Financial Condition; No Material

Adverse Change

109114

SECTION 3.05. Properties

109115

SECTION 3.06. Litigation and Environmental Matters

110115

SECTION 3.07. Compliance with

Laws

110115

SECTION 3.08. Sanctions; Anti-Corruption Laws

110116

SECTION 3.09. Investment Company Status

110116

SECTION 3.10. Federal Reserve Regulations

110116

SECTION 3.11. Taxes

111116

SECTION 3.12. ERISA

111116

SECTION 3.13. Disclosure

111116

SECTION 3.14. Subsidiaries

111118

SECTION 3.15. Solvency

112118

SECTION 3.16. Collateral Matters

112118

ARTICLE IV Conditions

113118

SECTION 4.01. Conditions to Effective Date

113118

SECTION 4.02. Each Credit Event

115120

ARTICLE V Affirmative

Covenants

116121

SECTION 5.01. Financial Statements and Other Information

116121

SECTION 5.02. Notices of Material Events

117123

SECTION 5.03. Information Regarding Collateral

118123

SECTION 5.04. Existence; Conduct of Business

118123

SECTION 5.05. Payment of Taxes

118124

SECTION 5.06. Maintenance of Properties

118124

SECTION 5.07. Insurance

118124

SECTION 5.08. [Reserved]

119124

SECTION 5.09. Books and Records; Inspection and

Audit Rights

119124

SECTION 5.10. Compliance with Laws

119125

SECTION 5.11. Use of Proceeds; Letters of Credit

119125

SECTION 5.12. Additional Subsidiaries

120125

SECTION 5.13. Further Assurances

120126

SECTION 5.14. Credit Ratings

121127

SECTION 5.15. Post-Effective Date Matters

121127

SECTION 5.16. [Reserved]

122127

SECTION 5.17. Designation of Unrestricted Subsidiaries

122127

ARTICLE VI

122128

Negative

Covenants

122128

SECTION 6.01. Indebtedness; Certain Equity Securities

122128

SECTION 6.02. Liens

128134

SECTION 6.03. Fundamental Changes

131137

SECTION 6.04. Investments, Loans, Advances, Guarantees

and Acquisitions

133139

SECTION 6.05. Asset Sales

137143

SECTION 6.06. Sale and Leaseback Transactions

139144

SECTION 6.07. Hedging Agreements

139145

SECTION 6.08. Restricted Payments; Certain Payments

of Junior Indebtedness

139145

SECTION 6.09. Transactions with Affiliates

142148

SECTION 6.10. Restrictive Agreements

142148

SECTION 6.11. Amendment of Material Documents,

Etc.

143149

SECTION 6.12. Consolidated Interest Coverage Ratio

144150

SECTION 6.13. Consolidated First Lien Leverage Ratio

144150

SECTION 6.14. Changes in Fiscal Periods

144150

ARTICLE VII events

of Default

144150

SECTION 7.01. Events of Default

144150

SECTION 7.02. Exclusion of Certain Subsidiaries

147153

ARTICLE VIII The

Administrative Agent

147154

SECTION 8.01. Appointment and Other Matters

147154

SECTION 8.02. Administrative Agent’s Reliance, Indemnification, Etc.

150157

SECTION 8.03. Successor Administrative Agent

151158

SECTION 8.04. Acknowledgements of Lenders and Issuing Banks

152159

SECTION 8.05. Collateral Matters

154161

SECTION 8.06. Certain ERISA Matters

156163

ARTICLE IX Miscellaneous

158164

SECTION 9.01. Notices

158164

SECTION 9.02. Waivers; Amendments

160167

SECTION 9.03. Expenses; Indemnity; Damage Waiver

164171

SECTION 9.04. Successors and Assigns

166173

SECTION 9.05. Survival

171178

SECTION 9.06. Counterparts; Integration; Effectiveness

172179

SECTION 9.07. Severability

173180

SECTION 9.08. Right of Setoff

173180

SECTION 9.09. Governing Law; Jurisdiction; Consent to Service of Process

174180

SECTION 9.10. WAIVER OF JURY TRIAL

174181

SECTION 9.11. Headings

175181

SECTION 9.12. Confidentiality

175181

SECTION 9.13. Interest Rate Limitation

176183

SECTION 9.14. Release of Liens and Guarantees

176183

SECTION 9.15. USA PATRIOT Act Notice

177184

SECTION 9.16. No Fiduciary Relationship

178184

SECTION 9.17. Non-Public Information

178185

SECTION 9.18. Acknowledgement and Consent to Bail-In of Affected Financial Institutions

179185

SECTION 9.19. Judgment Currency

179186

SECTION 9.20. Cashless Settlement

179186

SECTION 9.21. Acknowledgement Regarding Any Supported QFCs

180186

iii

SCHEDULES:

Schedule 1.02 — Mortgaged Property

Schedule 2.01 — Commitments

Schedule 3.14 — Subsidiaries

Schedule 5.15 — Post-Closing Undertakings

Schedule 6.01 — Existing Indebtedness

Schedule 6.02 — Existing Liens

Schedule 6.04 — Existing Investments

Schedule 6.05 — Proposed Asset

Sales

Schedule 6.10 — Existing Restrictions

EXHIBITS:

Exhibit A

— Form of Assignment and Assumption

Exhibit B

— [Reserved]

Exhibit C

— Form of Collateral Agreement

Exhibit D

— Form of Perfection Certificate

Exhibit E

— Form of Guarantee Agreement

Exhibit F

— Form of Global Intercompany Note

Exhibit G

— Auction Procedures

Exhibit H

— Form of Affiliated Lender Assignment and Assumption

Exhibit I

— Form of Maturity Date Extension Request

Exhibit J-1

— Form of U.S. Tax Compliance Certificate for Foreign Lenders that are not Partnerships for U.S. Federal Income Tax Purposes

Exhibit J-2

— Form of U.S. Tax Compliance Certificate for Non-U.S. Participants that are Partnerships for U.S. Federal Income Tax Purposes

Exhibit J-3

— Form of U.S. Tax Compliance Certificate for Non-U.S. Participants that are not Partnerships for U.S. Federal Income Tax Purposes

Exhibit J-4

— Form of U.S. Tax Compliance Certificate for Foreign Lenders that are Partnerships for U.S. Federal Income Tax Purposes

Exhibit K

— Form of Secured Supply Chain Financing Designation

Exhibit L

— Form of Solvency Certificate

Exhibit M

— Form of Borrowing Request

Exhibit N

— Form of Additional Letter of Credit Facility Designation

CREDIT

AGREEMENT dated as of October 29, 2025 (this “Agreement”), among SOLSTICE ADVANCED MATERIALS INC., a Delaware

corporation (the “Borrower”), the LENDERS and ISSUING BANKS party hereto and JPMORGAN CHASE BANK, N.A., as Administrative

Agent.

The

Lenders are willing to extend such credit to the Borrower, and the Issuing Banks are willing to issue Letters of Credit for the account

of the Borrower, on the terms and subject to the conditions set forth herein. Accordingly, the parties hereto agree as follows:

ARTICLE I

Definitions

SECTION 1.01.

Defined Terms. As used in this Agreement, the following terms have the meanings specified below:

“ABR”,

when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest

at a rate determined by reference to the Alternate Base Rate.

“Accelerator

License Agreement” means the Accelerator License Agreement, dated as of October 30, 2025, by and between Honeywell and

the Borrower.

“Acceptable

Intercreditor Agreement” means (i) a customary intercreditor agreement

in form and substance reasonably satisfactory to the Administrative Agent and the Borrower; provided that if an intercreditor

agreement shall be posted to the Lenders not less than five (5) Business Days before execution thereof and, if the Required Lenders

shall not have objected to the terms of such intercreditor agreement within five (5) Business Days after such posting, then the

Required Lenders shall be deemed (x) to have agreed that the Administrative Agent’s entry into such intercreditor agreement

is reasonable and to have consented to such intercreditor agreement and to the Administrative Agent’s execution thereof and (y) to

have directed the Administrative Agent to execute such agreement and

(ii) the Eclipse Bridge Facility Intercreditor Agreement.

“Additional Lender”

has the meaning assigned to such term in Section 2.21(c).

“Additional

Letter of Credit Facility” means a letter of credit facility established by one or more Loan Parties to obtain letters of credit,

bank guarantees or bankers’ acceptances; provided that such Additional Letter of Credit Facility (i) shall not have

obligors other than the Borrower and the other Loan Parties, (ii) shall not be secured by any property or assets of the Borrower

or any Subsidiary other than the Collateral (provided that, for the avoidance of doubt, such facility may have customary cash collateralization

provisions) and (iii) to the extent secured by the Collateral, (x) shall be secured solely by Liens granted to the Administrative

Agent under the Loan Documents (provided that, for the avoidance of doubt, such facility may have customary cash collateralization provisions)

and may be subject to an Acceptable Intercreditor Agreement, to the extent requested by the Borrower and the applicable Additional Letter

of Credit Issuer or (y) shall be secured by Liens on the Collateral on a pari passu or junior basis with the Liens securing the

Obligations and shall be subject to an Acceptable Intercreditor Agreement.

“Additional

Letter of Credit Issuer” means, with respect to any Additional Letter of Credit Facility, the lender or financial institution

that has made such Additional Letter of Credit Facility available.

“Adjusted

Daily Simple SOFR” means, an interest rate per annum equal to Daily Simple SOFR; provided that if the Adjusted Daily

Simple SOFR as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this

Agreement.

“Adjusted

Term SOFR Rate” means, for purposes of any calculation, the rate per annum equal to Term SOFR Rate for such Interest Period;

provided that if the Adjusted Term SOFR Rate as so determined shall ever be less than the Floor, then the Adjusted Term SOFR Rate

shall be deemed to be the Floor.

“Administrative

Agent” means JPMCB (including its branches and affiliates), in its capacity as administrative agent and collateral agent hereunder

and under the other Loan Documents, and its successors in such capacity as provided in Article VIII.

“Administrative

Questionnaire” means an administrative questionnaire in a form supplied by the Administrative Agent.

“Affected

Financial Institution” means (a) any EEA Financial Institution or (b) any UK Financial Institution.

“Affiliate”

means, with respect to a specified Person, another Person that directly, or indirectly, Controls or is Controlled by or is under common

Control with the Person specified.

“Affiliated

Lender Assignment and Assumption” means an assignment and assumption entered into by a Lender and a Purchasing Borrower Party

(with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form

of Exhibit H or any other form approved by the Administrative Agent.

“Aggregate

Revolving Commitment” means, at any time, the sum of the Revolving Commitments of all the Revolving Lenders at such time.

“Aggregate

Revolving Exposure” means, at any time, the sum of the Revolving Exposures of all the Revolving Lenders at such time.

“Agreed Currency”

means dollars and each Permitted Foreign Currency.

“Agreement”

has the meaning assigned to such term in the introductory statement to this Agreement.

“Agreement Currency”

has the meaning assigned to such term in Section 9.19.

“Alternate

Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the

NYFRB Rate in effect on such day plus ½ of 1% and (c) the Adjusted Term SOFR Rate for a one month Interest Period as published

two (2) U.S. Government Securities Business Days prior to such day (or if such day is not a U.S. Government Securities Business

Day, the immediately preceding U.S. Government Securities Business Day) plus 1%; provided that for the purpose of this definition, the

Adjusted Term

SOFR Rate for any day shall

be based on the Term SOFR Reference Rate at approximately 5:00 a.m. Chicago time on such day (or any amended publication time for

the Term SOFR Reference Rate, as specified by CME Term SOFR Administrator in the Term SOFR Reference Rate methodology). Any change in

the Alternate Base Rate due to a change in the Prime Rate, the NYFRB Rate or the Adjusted Term SOFR Rate shall be effective from and

including the effective date of such change in the Prime Rate, the NYFRB Rate or the Adjusted Term SOFR Rate, respectively. If the Alternate

Base Rate is being used as an alternate rate of interest pursuant to Section 2.14 (for the avoidance of doubt, only until the Benchmark

Replacement has been determined pursuant to Section 2.14(b)), then the Alternate Base Rate shall be the greater of clauses (a) and

(b) above and shall be determined without reference to clause (c) above. For the avoidance of doubt, if the Alternate Base

Rate as determined pursuant to the foregoing would be less than the Floor, such rate shall be deemed to be the Floor for purposes of

this Agreement.

“Alternative

Incremental Facility Debt” means any Indebtedness incurred by the Borrower in the form of one or more series of senior secured

notes, bonds or debentures and/or term loans secured on a pari passu basis with or junior basis to the Loans or senior unsecured

notes or senior subordinated notes or any bridge facility; provided that (i) if such Indebtedness is secured, such Indebtedness

shall be secured by the Collateral on a pari passu or junior basis with the Loan Document Obligations and is not secured by any

property or assets of any member of the Restricted Group other than the Collateral (other

than Liens on the proceeds of any Eclipse Acquisition Permanent Financing funded into escrow, and on the account into which such proceeds

are funded, solely for so long as such proceeds are maintained in such account), (ii) such

Indebtedness does not mature or have scheduled amortization or payments of principal prior to the Latest Maturity Date (or in the case

of Indebtedness secured on a junior basis to the Loan Document Obligations or unsecured Indebtedness, the date that is 90 days after

the Latest Maturity Date) at the time such Indebtedness is incurred (except, in each case, upon the occurrence of an event of default,

a change in control, an event of loss or an asset disposition or in the case of Indebtedness secured by the Collateral on a pari passu

basis with the Liens securing the Obligations, de minimis amortization not in excess of 1.00% per annum); provided that the requirements

set forth in this clause (ii) shall not apply to any Indebtedness (x) consisting of a customary bridge facility so long as

such bridge facility, subject to customary conditions, would either automatically be converted into or required to be exchanged for permanent

refinancing that does not mature earlier than the Latest Maturity Date or,

(y) incurred in reliance on the Inside Maturity Exception or

(z) consisting of the Eclipse Bridge Facility, (iii) the mandatory prepayment

provisions of any such Indebtedness (other

than the Eclipse Bridge Facility) shall not be more favorable to the applicable lenders

or creditors than those of the Term Loans unless (x) the Lenders of the Term Loans also receive the benefit of such more favorable

terms or (y) such provisions apply after the Latest Maturity Date at the time and (iv) such Indebtedness is not guaranteed

by any Subsidiaries other than the Loan Parties.

“Ancillary Document”

has the meaning given to such term in Section 9.06(b).

“Anti-Corruption

Laws” means all laws, and regulations of any Governmental Authority, including the Foreign Corrupt Practices Act of 1977, as

amended, and the rules and regulations thereunder (the “FCPA”) and the UK Bribery Act of 2010, in each case,

applicable to the Borrower or any of its Affiliates from time to time concerning or relating to bribery, corruption or anti-money laundering.

“Applicable

Adjustments” has the meaning given to such term in the definition of “Consolidated EBITDA”.

“Applicable Parties”

has the meaning given to such term in Section 9.01(d)(iii).

“Applicable

Percentage” means, at any time with respect to any Revolving Lender, the percentage of the Aggregate Revolving Commitment represented

by such Lender’s Revolving Commitment at such time (or, if the Revolving Commitments have terminated or expired, such Revolving

lender’s share of the total Revolving Exposure at that time); provided that, at any time any Revolving Lender shall be a Defaulting

Lender, for purposes of Section 2.20(c)(ii), “Applicable Percentage” shall mean the percentage of the total Revolving

Commitments (disregarding any such Defaulting Lender’s Revolving Commitment) represented by such Lender’s Revolving Commitment.

If the Revolving Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Revolving Commitments

most recently in effect, giving effect to any assignments of Revolving Loans and LC Exposures that occur after such termination or expiration

and to any Lender’s status as a Defaulting Lender at the time of determination.

“Applicable Rate”

means, for any day:

(a) (i) with

respect to any Loan that is a Term B Loan, 1.75% per annum in the case of Term Benchmark Loans and 0.75% per annum in the case of ABR

Loans; and

(b) with

respect to (i) any Revolving Loan and (ii) the commitment fees payable hereunder in respect of unused Revolving Commitments,

the applicable rate per annum set forth below in the “Term SOFR Revolving Loans”, “ABR Revolving Loans” or “Commitment

Fee” column, as applicable, based upon the Consolidated First Lien Leverage Ratio as of the end of the fiscal quarter of the Borrower

for which consolidated financial statements have most recently been delivered to the Administrative Agent pursuant to Section 5.01(a) or

5.01(b); provided that until the delivery of such consolidated financial statements as of and for the first fiscal quarter of

the Borrower after the Effective Date, the Applicable Rate shall be that set forth below in Level III:

Level

Consolidated

First Lien

Leverage Ratio

Term SOFR

Revolving Loans

ABR Revolving

Loans

Commitment

Fee

≥

2.00 to 1.00

2.00 %

1.00 %

0.35 %

2.00 to 1.00 and ≥ 1.50 to 1.00

1.75 %

0.75 %

0.30 %

III

1.50 to 1.00

1.50 %

0.50 %

0.25 %

For

purposes of the foregoing, each change in the Applicable Rate resulting from a change in the Consolidated First Lien Leverage Ratio shall

be effective during the period commencing on and including the date that is three (3) Business Days after the date of delivery to

the Administrative Agent pursuant to Section 5.01(a) or 5.01(b) of the consolidated financial statements indicating such

change and ending on the date immediately preceding the effective date of the next such change; provided that the Consolidated

First Lien Leverage Ratio shall be deemed to be in Level I at the option of the Administrative Agent or at the request of the Required

Lenders if the Borrower fails to deliver the consolidated financial statements required to be delivered by it pursuant to Section 5.01(a) or

5.01(b) or the certificate of a Financial Officer required to be delivered by it pursuant to Section 5.01(c) during the

period from the

expiration of the time for delivery thereof until such consolidated financial statements and such certificate are delivered.

“Approved

Fund” means, with respect to any Lender or Eligible Assignee, any Person (other than a natural person) that is engaged in making,

purchasing, holding or investing in commercial loans and similar extensions of credit in the ordinary course of its activities and that

is administered, advised or managed by (a) such Lender or Eligible Assignee, (b) an Affiliate of such Lender or Eligible Assignee

or (c) an entity or an Affiliate of an entity that administers, advises or manages such Lender or Eligible Assignee.

“Arrangers”

means, collectively, (x) JPMorgan Chase Bank, N.A., Goldman Sachs Bank USA, BofA Securities, Inc., Barclays Bank PLC, Citigroup

Global Markets Inc., Deutsche Bank Securities Inc., Morgan Stanley Senior Funding, Inc., RBC Capital Markets, LLC, Wells Fargo Securities,

LLC, in their capacities as joint lead arrangers and joint bookrunners for the credit facilities provided for herein and (y) BBVA

Securities Inc., BNP Paribas Securities Corp., HSBC Securities (USA) INC., Sumitomo Mitsui Banking Corporation, Société

Générale, TD Securities (USA) LLC and UniCredit Bank GmbH, New York Branch, in their capacities as joint lead arrangers

for the credit facilities provided for herein.

“Assignment

and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the consent of any

Person whose consent is required by Section 9.04) and accepted by the Administrative Agent, substantially in the form of Exhibit A

or any other form (including electronic records generated by the use of an electronic platform) approved by the Administrative Agent.

“Auction”

means an auction pursuant to which a Purchasing Borrower Party offers to purchase Term Loans pursuant to the Auction Procedures.

“Auction

Manager” means any financial institution or advisor employed by the Borrower (whether or not an Affiliate of the Administrative

Agent) to act as an arranger in connection with any Auction; provided that the Borrower shall not designate the Administrative

Agent as the Auction Manager without the written consent of the Administrative Agent (it being understood and agreed that the Administrative

Agent shall be under no obligation to agree to act as the Auction Manager).

“Auction Procedures”

means the procedures set forth in Exhibit G.

“Auction

Purchase Offer” means an offer by a Purchasing Borrower Party to purchase Term Loans of one or more Classes pursuant to an

auction process conducted in accordance with the Auction Procedures and otherwise in accordance with Section 9.04(e).

“Audited

Financial Statements” the audited combined balance sheets of the Borrower dated December 31, 2024 and December 31,

2023, and the related audited combined statements of operations, comprehensive income, equity (deficit) and cash flows as of and for

the fiscal years ended December 31, 2024, December 31, 2023 and December 31, 2022, audited and reported on by Deloitte &

Touche, LLP.

“Available Amount”

means, at any time,

(a) the sum of:

(i) the greater of (A) $250,000,000

and (B) 25% of LTM Consolidated EBITDA, plus

(ii) 50%

of the Consolidated Net Income of the Borrower for the period (taken as one accounting period) from the first day of the first fiscal

quarter of the Borrower during which the Effective Date occurred to and including the last day of the Borrower’s most recently

ended fiscal quarter for which financial statements have been delivered pursuant to Section 5.01(a) or 5.01(b), as applicable,

or, in the case such Consolidated Net Income for such period is a deficit, minus 100% of such deficit, plus

(iii) following

the Distribution Date, the Net Proceeds from any sale or issuance of Equity Interests (other than Disqualified Equity Interests) of the

Borrower to the extent such Net Proceeds are received by the Borrower, plus

(iv) the

aggregate amount of prepayments declined by the Term Lenders and retained by the Borrower pursuant to Section 2.11(f), plus

(v) to

the extent not already included in the calculation of Consolidated Net Income and without duplication of clause (vi) below and of

any amount deducted from the calculation of Investments pursuant to the definition of Investment, the amounts of any dividends in cash

or Permitted Investments or other returns, profits, distributions and similar amounts (whether by means of a sale or other disposition,

a repayment of a loan or advance, a dividend or otherwise) received by the Borrower and the Restricted Subsidiaries on Investments made

using the Available Amount, in each case up to the original amount of such Investments; plus

(vi) to

the extent not already included in the calculation of Consolidated Net Income and without duplication of clause (v) above and of

any amount deducted from the calculation of Investments pursuant to the definition of Investment, the amount of any Investment made using

the Available Amount in any Unrestricted Subsidiary that has been re-designated as a Restricted Subsidiary or that has been merged, amalgamated

or consolidated with or into the Borrower or any of the Restricted Subsidiaries (up to the lesser of (A) the fair market value determined

in good faith by the Borrower of the Investments of the Borrower and the Restricted Subsidiaries in such Unrestricted Subsidiary at the

time of such re-designation or merger or consolidation and (B) the fair market value determined in good faith by the Borrower of

the original Investment by the Borrower and the Restricted Subsidiaries in such Unrestricted Subsidiary); plus

(vii) following

the Distribution Date, the Net Proceeds from any sale or issuance of Disqualified Equity Interests of the Borrower or debt securities

of the Borrower (other than Disqualified Equity Interests or debt securities issued or sold to the Borrower or a Restricted Subsidiary),

in each case that have been converted into or exchanged for Equity Interests of the Borrower (other than Disqualified Equity Interests)

to the extent such Net Proceeds are received by the Borrower; minus

(b) the

sum since the Effective Date of (i) Investments, loans and advances previously or concurrently made in reliance on the Available

Amount, plus (ii) Restricted Payments previously or concurrently made in reliance on the Available Amount, plus (iii) Restricted

Debt Payments previously or concurrently made in reliance on the Available Amount.

Notwithstanding the foregoing,

in no event shall any payments or contributions made by

Honeywell or a subsidiary of Honeywell to the Borrower or any of its Restricted

Subsidiaries made in connection with the Transactions be added to the Available Amount.

“Available

Tenor” means, as of any date of determination and with respect to the then-current Benchmark, as applicable, any tenor for

such Benchmark or payment period for interest calculated with reference to such Benchmark, as applicable, that is or may be used for

determining the length of an Interest Period pursuant to this Agreement as of such date and not including, for the avoidance of doubt,

any tenor for such Benchmark that is then-removed from the definition of “Interest Period” pursuant to clause (f) of

Section 2.14.

“Bail-In

Action” means the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any

liability of an Affected Financial Institution.

“Bail-In

Legislation” means, (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of

the European Parliament and of the Council of the European Union, the implementing law, regulation, rule or requirement for such

EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule and (b) with respect to the United

Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable

in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their

affiliates (other than through liquidation, administration or other insolvency proceedings).

“Back

to Back Arrangements” shall mean any “back-to-back” transactions between or among the Borrower or any Restricted

Subsidiary, in connection with facilitating any Hedging Agreements (provided that, for such arrangements to constitute Back to Back Arrangements,

such arrangements must be settled in cash, which for this purpose shall include netting of obligations, within five Business Days of

any corresponding settlement with the third party counterparty to such Hedging Agreement).

“Bankruptcy

Event” means, with respect to any Person, that such Person has become the subject of a bankruptcy, insolvency proceeding or

Bail-In Action, or has had a receiver, conservator, trustee, administrator, custodian, examiner, assignee for the benefit of creditors

or similar Person charged with the reorganization or liquidation of its business appointed for it, in the good faith determination of

the Administrative Agent, has taken any action in furtherance of, or indicating its consent to, approval of or acquiescence in, any such

proceeding or appointment or has become the subject of a Bail-In Action; provided that a Bankruptcy Event shall not result solely

by virtue of any ownership interest, or the acquisition of any ownership interest, in such Person by a Governmental Authority; provided

further that such ownership interest does not result in or provide such Person with immunity from the jurisdiction of courts within

the United States of America or from the enforcement of judgments or writs of attachment on its assets or permit such Person (or such

Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made by such Person.

“Benchmark” means, initially, Term SOFR Rate; provided that if a Benchmark Transition Event and its related Benchmark Replacement

Date have occurred with respect to Term SOFR Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark

Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to clause (b) of Section 2.14.

“Benchmark

Replacement” means, for any Available Tenor, the first alternative set forth in the order below that can be determined by the

Administrative Agent for the applicable Benchmark Replacement Date; provided that, in the case of any Loan denominated in a Permitted

Foreign Currency, “Benchmark Replacement” shall mean the alternative set forth in (2) below:

(1)

the Adjusted Daily Simple

SOFR;

(2)

the sum of: (a) the

alternate benchmark rate that has been selected by the Administrative

Agent and the Borrower as the replacement for the then-current Benchmark for the applicable Corresponding Tenor giving due consideration

to (i) any selection or recommendation of a replacement benchmark rate or the mechanism for determining such a rate by the Relevant

Governmental Body or (ii) any evolving or then-prevailing market convention for determining a benchmark rate as a replacement for

the then-current Benchmark for syndicated credit facilities denominated in the applicable Agreed Currency at such time and (b) the

related Benchmark Replacement Adjustment.

the Benchmark Replacement as determined pursuant to clause (1) or (2) above would be less than the Floor, the Benchmark Replacement

will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.

“Benchmark

Replacement Adjustment” means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement

for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement the spread adjustment,

or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero) that has been selected

by the Administrative Agent and the Borrower for the applicable Corresponding Tenor giving due consideration to (i) any selection

or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such

Benchmark with the applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body on the applicable Benchmark Replacement

Date and/or (ii) any evolving or then- prevailing market convention for determining a spread adjustment, or method for calculating

or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for

syndicated credit facilities denominated in the applicable Agreed Currency at such time.

“Benchmark

Replacement Conforming Changes” means, with respect to either the use or administration of Term SOFR Rate, or the use, administration,

adoption or implementation of any Benchmark Replacement, any technical, administrative or operational changes (including changes to the

definition of “Alternate Base Rate,” the definition of “Business Day,” the definition of “U.S. Government

Securities Business Day,” the definition of “Interest Period,” or any similar or analogous definition (or the addition

of a concept of “Interest Period”) timing and frequency of determining rates and making payments of interest, timing of borrowing

requests or prepayment, conversion or continuation notices, length of lookback periods, the applicability of breakage provisions, and

other technical, administrative or operational matters) that the Administrative Agent decides may be appropriate to reflect the adoption

and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially

consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not

administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark

Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection

with

the administration of this Agreement and the other Loan Documents).

“Benchmark

Replacement Date” means, with respect to any Benchmark, the earliest to occur of the following events with respect to such

then-current Benchmark:

(1) in

the case of clause (1) or (2) of the definition of “Benchmark Transition Event,” the later of (a) the date

of the public statement or publication of information referenced therein and (b) the date on which the administrator of such Benchmark

(or the published component used in the calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such

Benchmark (or such component thereof);

(2) in

the case of clause (3) of the definition of “Benchmark Transition Event,” the first date on which such Benchmark (or

the published component used in the calculation thereof) has been or, if such Benchmark is a term rate, all Available Tenors of such

Benchmark (or component thereof) have been determined and announced by the regulatory supervisor for the administrator of such Benchmark

(or such component thereof) to be no longer representative; provided, that such non-representativeness will be determined by reference

to the most recent statement or publication referenced in such clause (3) and even if such Benchmark (or component thereof) or,

if such Benchmark is a term rate, any Available Tenor of such Benchmark (or such component thereof) continues to be provided on such

date.

For

the avoidance of doubt, (i) if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier than,

the Reference Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference

Time for such determination and (ii) the “Benchmark Replacement Date” will be deemed to have occurred in the case of

clause (1) or (2) with respect to any Benchmark upon the occurrence of the applicable event or events set forth therein with

respect to all then-current Available Tenors of such Benchmark (or the published component used in the calculation thereof).

“Benchmark

Transition Event” means, with respect to any Benchmark, the occurrence of one or more of the following events with respect

to such then-current Benchmark:

(1) a

public statement or publication of information by or on behalf of the administrator of such Benchmark (or the published component used

in the calculation thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark

(or such component thereof), permanently or indefinitely, provided that, at the time of such statement or publication, there is

no successor administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof);

(2) a

public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published

component used in the calculation thereof), the Board of Governors, the NYFRB, the CME Term SOFR Administrator, an insolvency official

with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the administrator

for such Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator

for such Benchmark (or such component), in each case which states that the administrator of such Benchmark (or such component) has ceased

or will cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely; provided

that, at the time of such statement or publication, there is no successor administrator that will continue to provide any Available

Tenor of such Benchmark (or such component

thereof); or

(3) a

public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published

component used in the calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are no

longer representative.

For

the avoidance of doubt, a “Benchmark Transition Event” will be deemed to have occurred with respect to any Benchmark if a

public statement or publication of information set forth above has occurred with respect to each then-current Available Tenor of such

Benchmark (or the published component used in the calculation thereof).

“Benchmark

Unavailability Period” means, with respect to any Benchmark, the period (if any) (x) beginning at the time that a

Benchmark Replacement Date pursuant to clauses (1) or (2) of that definition has occurred if, at such time, no Benchmark

Replacement has replaced such then- current Benchmark for all purposes hereunder and under any Loan Document in accordance with

Section 2.14 and (y) ending at the time that a Benchmark Replacement has replaced such then- current Benchmark for all

purposes hereunder and under any Loan Document in accordance with Section 2.14.

“Beneficial

Ownership Certification” means a certification regarding individual beneficial ownership solely to the extent expressly required

by 31 C.F.R. § 1010.230 (“Beneficial Ownership Regulation”).

“Beneficial

Ownership Regulation” has the meaning specified in the definition of Beneficial Ownership Certification.

“Benefit

Plan” means any of (a) an “employee benefit plan” (as defined in Section 3(3) of ERISA) that is

subject to Title I of ERISA, (b) a “plan” as defined in Section 4975 of the Code to which Section 4975 of

the Code applies, and (c) any Person whose assets include (for purposes of the Plan Asset Regulations or otherwise for purposes

of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

“BHC

Act Affiliate” of a party shall mean an “affiliate” (as such term is defined under, and interpreted in accordance

with, 12 U.S.C. 1841(k)) of such party.

“Board

of Governors” means the Board of Governors of the Federal Reserve System of the United States of America.

“Borrower”

has the meaning assigned to such term in the introductory statement to this Agreement.

“Borrowing”

means Loans of the same Class, Type and currency, made, converted or continued on the same date and, in the case of Term Benchmark Loans,

as to which a single Interest Period is in effect.

“Borrowing

Minimum” means (a) in the case of a Term Benchmark Borrowing, $5,000,000 and (b) in the case of an ABR Borrowing,

$1,000,000.

“Borrowing

Multiple” means (a) in the case of a Term Benchmark Borrowing denominated in dollars, $500,000 and (b) in the case

of an ABR Borrowing, $100,000.

“Borrowing

Request” means a request by the Borrower for a Borrowing in accordance with Section 2.03, which shall be substantially

in the form of Exhibit M (or such other form approved by the Administrative Agent and otherwise consistent with the requirements

of Section 2.03).

“Business

Day” means any day that is not a Saturday, a Sunday or any other day on which commercial banks in New York City are authorized

or required by law to remain closed; provided that, in addition to the foregoing, in relation to Loans referencing the Adjusted Term

SOFR Rate and any interest rate settings, fundings, disbursements, settlements or payments of any such Loans referencing the Adjusted

Term SOFR Rate or any other dealings of such Loans referencing the Adjusted Term SOFR Rate, any such day that is a U.S. Government Securities

Business Day.

“Capital

Expenditures” means, for any period, (a) the additions to property, plant and equipment and other capital expenditures

of the Restricted Group that are (or should be) set forth in a consolidated statement of cash flows of the Borrower for such period prepared

in accordance with GAAP and (b) Capital Lease Obligations incurred by the Restricted Group during such period, but excluding in

each case any such expenditure (i) constituting reinvestment of the Net Proceeds of any event described in clause (a) or (b) of

the definition of the term “Prepayment Event”, to the extent permitted by Section 2.11(c), (ii) made by the Restricted

Group to effect leasehold improvements to any property leased by the Restricted Group as lessee, to the extent that such expenses have

been reimbursed by the landlord, (iii) in the form of a substantially contemporaneous exchange of similar property, plant, equipment

or other capital assets, except to the extent of cash or other consideration (other than the assets so exchanged), if any, paid or payable

by the Restricted Group and (iv) made with the Net Proceeds from the issuance of Qualified Equity Interests.

“Capital

Lease Obligations” of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other

arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified

and accounted for as capital leases on a balance sheet of such Person under GAAP (subject to the provisions of Section 1.04), and

the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP (subject to the provisions

of Section 1.04).

“Captive

Insurance Subsidiary” means a Subsidiary of the Borrower established for the purpose of, and to be engaged solely in the business

of, insuring the businesses or facilities owned or operated by the Borrower or any of its Subsidiaries or joint ventures.

“Cash

Management Financing Facilities” has the meaning assigned to such term in the definition of “Secured Cash Management

Obligations”.

“Cash

Management Services” means the treasury management services (including controlled disbursements, zero balance arrangements,

cash sweeps, automated clearinghouse transactions, return items, overdrafts, single entity or multi-entity multicurrency notional pooling

structures, temporary advances, interest and fees and interstate depository network services), netting services, employee credit or purchase

card programs and similar programs, in each case provided to the Borrower or any Restricted Subsidiary.

“CFC”

means a Foreign Subsidiary that is a “controlled foreign corporation” within the meaning of Section 957 of the U.S.

Internal Revenue Code.

“Change

in Control” means (a) the acquisition of ownership, directly or indirectly, beneficially or of record, by any Person or

group (within the meaning of the Exchange Act and the rules of the SEC thereunder) of 35% or more of the Voting Equity Interests

in the Borrower; provided, however, that this clause (a) shall not include any transaction where (x) the Borrower becomes

a direct or indirect wholly owned subsidiary of a holding company, and (y) the direct or indirect holders of the Voting Equity Interests

of such holding company immediately following that transaction are substantially the same as the holders of Holding’s Voting Equity

Interests immediately prior to that transaction; or (b) the occurrence of a “Change in Control” as defined in the Senior

Unsecured Indebtedness Documents.

For

purposes of this definition, (i) “beneficial ownership” shall be as defined in Rules 13(d)-3 and 13(d)-5 under

the Exchange Act and (ii) the phrase Person or “group” is within the meaning of Section 13(d) or 14(d) of

the Exchange Act, but excluding any employee benefit plan of such Person or “group” and its subsidiaries and any Person acting

in its capacity as trustee, agent or other fiduciary or administrator of any such plan.

“Change

in Law” means the occurrence, after the Effective Date (or with respect to any Lender, if later, the date on which such Lender

becomes a Lender), of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any

change in any law, rule, regulation or treaty or in the administration, interpretation, implementation or application thereof by any

Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force

of law) by any Governmental Authority; provided that, notwithstanding anything herein to the contrary, (i) the Dodd-Frank

Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives promulgated thereunder or issued in

connection therewith and (ii) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements,

the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States of America or foreign regulatory

authorities, in each case pursuant to Basel III, in each case shall be deemed to be a “Change in Law”, regardless of the

date enacted, adopted, promulgated or issued.

“Charges”

has the meaning assigned to such term in Section 9.13.

“Class”,

when used in reference to (a) any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Revolving

Loans, Term B Loans, Incremental Revolving Loans or Incremental Term Loans, (b) any Commitment, refers to whether such Commitment

is a Revolving Commitment, a Term B Commitment, a Commitment in respect of any Incremental Revolving Loans or a Commitment in respect

of any Incremental Term Loans and (c) any Lender, refers to whether such Lender has a Loan or Commitment with respect to a particular

Class. Incremental Revolving Loans and Incremental Term Loans that have different terms and conditions (together with the Commitments

in respect thereof) shall be construed to be in different Classes.

“CME

Term SOFR Administrator” means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured

Overnight Financing Rate (SOFR) (or a successor administrator).

“Code” means

the Internal Revenue Code of 1986, as amended.

“Covered Entity”

means any of the following:

(a)             a

“covered entity” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 252.82(b);

(b)             a

“covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b); or

“covered FSI” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 382.2(b).

“Collateral”

means any and all assets, whether real or personal, tangible or intangible, on which Liens are purported to be granted pursuant to the

Security Documents as security for the Obligations, but excluding, for the avoidance of doubt, the Excluded Property.

“Collateral

Agreement” means the Collateral Agreement among the Loan Parties and the Administrative Agent, substantially in the form of

Exhibit C, or any other collateral agreement reasonably requested (in accordance with the Collateral and Guarantee Requirement)

by the Administrative Agent.

“Collateral and Guarantee

Requirement” means, at any time, the requirement that:

(a) the

Administrative Agent shall have received from the Borrower, each other Loan Party and each Designated Subsidiary (i) a counterpart

of each Security Document to which such Person is a party duly executed and delivered on behalf of such Person or (ii) in the case

of any Subsidiary that becomes a Loan Party or a Designated Subsidiary after the Effective Date, a supplement to the Collateral Agreement

in substantially the form attached as Exhibit I thereto, a supplement to the Guarantee Agreement in substantially the form attached

as Exhibit I thereto, a Patent Security Agreement, Trademark Security Agreement and/or Copyright Security Agreement (each as defined

in the Collateral Agreement, and to the extent applicable) and other security documents reasonably requested by the Administrative Agent,

in form and substance reasonably satisfactory to the Administrative Agent (consistent with the Security Documents in effect on the Effective

Date), duly executed and delivered on behalf of such Person, in each case, together with opinions and documents of the type referred

to in Sections 4.01(b) and (c) with respect to such Person as may be reasonably requested by the Administrative Agent;

(b) (i) all

outstanding Equity Interests (other than any Equity Interest constituting Excluded Property) of each Restricted Subsidiary that is a

Material Subsidiary, in each case owned by any Loan Party, shall have been pledged pursuant to the Collateral Agreement; provided

that the Loan Parties shall not be required to pledge Excluded Property and (ii) the Administrative Agent shall, to the extent

required by the Collateral Agreement, have received certificates or other instruments representing all such Equity Interests of any Restricted

Subsidiary (other than any Equity Interest constituting Excluded Property) held by any Loan Party, together with undated stock powers

or other appropriate instruments of transfer with respect thereto endorsed in blank (to the extent applicable and provided that

no Loan Party shall have any obligation to deliver a certificate or other instrument representing any such Equity Interest if such Equity

Interest is uncertificated);

(c)(i) all Indebtedness

of the Borrower and each Subsidiary that is owing to any Loan Party shall be evidenced by, at the Loan Party’s option, a Global

Intercompany Note or one

or more standalone promissory notes, and shall be Collateral pursuant to the applicable Security Documents;

and (ii) the Administrative Agent shall have received the Global Intercompany Note and all such promissory notes with a principal

amount of $20,000,000 or more, together with undated instruments of transfer with respect thereto endorsed in blank;

(d) all

financing statements and other appropriate filings or recordings, including Uniform Commercial Code financing statements, required by

law or specified in the Security Documents to be filed, registered or recorded on the Effective Date shall have been so filed, registered

or recorded or delivered to the Administrative Agent for such filing, registration or recording;

(e) the

Administrative Agent shall have received (i) counterparts of a Mortgage with respect to each Mortgaged Property duly executed and

delivered by the record owner of such Mortgaged Property (provided that if the Mortgaged Property is in a jurisdiction that imposes a

mortgage recording or similar tax on the amount secured by such Mortgage, then the amount secured by such Mortgage shall be limited to

the fair market value, as reasonably determined by the Borrower in good faith, of such Mortgaged Property), (ii) an ALTA loan policy

or policies of title insurance issued by a nationally recognized title insurance company insuring the Lien of each such Mortgage as a

valid and enforceable first Lien on the Mortgaged Property described therein, free of any other Liens except as expressly permitted by

Section 6.02, together with such endorsements, coinsurance and reinsurance as the Administrative Agent may reasonably request to

the extent available in the applicable jurisdiction at commercially reasonable rates (it being agreed that the Administrative Agent shall

accept zoning reports from a nationally recognized zoning company in lieu of zoning endorsements to such title insurance policies), in

an amount equal to the fair market value of such Mortgaged Property as reasonably determined by the Borrower in good faith, provided

that in no event will the Borrower be required to obtain independent appraisals or other third-party valuations of such Mortgaged Property,

unless required by FIRREA or other applicable law, provided, however, the Borrower shall provide to the title company such

supporting information with respect to its determination of Fair Market Value as may be reasonably required by the title company, (iii) with

respect to each Mortgaged Property located in the United States, a completed “Life-of-Loan” Federal Emergency Management

Agency Standard Flood Hazard Determination (together with a notice about special flood hazard area status and flood disaster assistance,

which, if applicable, shall be duly executed by the applicable Loan Party relating to such Mortgaged Property), and, if any such Mortgaged

Property is located in an area determined by the Federal Emergency Management Agency to have special flood hazards, evidence of such

flood insurance as may be required under applicable law, including Regulation H of the Board of Governors, (iv) to the extent required

for the title insurance company issuing the policy described in clause (i), above, to delete the so-called “survey exception”

and issue related endorsements, either an ALTA survey or such customary maps, or plats of an as-built survey (or existing surveys together

with no-change affidavits of such Mortgaged Property or survey alternatives, including express maps), and (v) an enforceability

opinion with respect to the applicable Mortgage, from counsel chosen by the Borrower, in form and substance reasonably satisfactory to

the Administrative Agent; provided that (x) the requirements of the foregoing clauses (i), (ii), (iv) and (v) shall

be completed on or before the date that is 90 days after the Effective Date (or such longer period as the Administrative Agent may, in

its reasonable discretion, agree to in writing (such approval or consent not to be unreasonably withheld or delayed)) in accordance with

Section 5.15, (y) legal opinions referred to in the foregoing clause (v) shall be limited to the purposes of obtaining

customary legal opinions from counsel qualified to opine in the jurisdiction where such Mortgaged Property is located regarding solely

to the enforceability of the Mortgage for such Mortgaged Property and such other customary matters as may be in form and substance

reasonably

satisfactory to the Administrative Agent; and (z) no delivery of new surveys shall be required for any Mortgaged Property where

the title company will issue a lender’s title policy with the standard survey exception omitted from such title policy and affirmative

endorsements that require a survey; and

(f) except

as otherwise provided for in the Security Documents, each Loan Party shall have obtained all consents and approvals required to be obtained

by it in connection with the execution and delivery of all Security Documents to which it is a party, the performance of its obligations

thereunder and the granting by it of the Liens thereunder.

Notwithstanding

anything to the contrary, subject to the proviso set forth in the following sentence, no Loan Party shall be required, nor shall the

Administrative Agent be authorized, (i) to perfect pledges, security interests and mortgages of Collateral of Loan Parties by any

means other than by (A) filings pursuant to the Uniform Commercial Code, in the office of the Secretary of State (or similar central

filing office) of the relevant jurisdiction where the grantor is located (as determined pursuant to the Uniform Commercial Code) and

filings in the applicable real estate records with respect to Mortgaged Properties, (B) filings in the United States Patent and

Trademark Office and the United States Copyright Office with respect to Intellectual Property as expressly required in the Security Documents,

and (C) delivery to the Administrative Agent, to be held in its possession, of the Global Intercompany Note and all Collateral consisting

of intercompany notes in a principal amount of $20,000,000 or more, owed by a single obligor, stock certificates of Restricted Subsidiaries

and instruments, in each case as expressly required in the Security Documents or (ii) to enter into any control agreement with respect

to any cash and Permitted Investments, other deposit accounts, securities accounts or commodities accounts, in each case to the extent

in the name of a Loan Party and held or located in the United States. For the avoidance of doubt, and notwithstanding anything to the

contrary, including the foregoing, (x) no actions (including filings or searches) shall be required in order to create or perfect

any security interest in any assets of the Loan Parties located outside of the United States (including any Intellectual Property registered

or applied-for in, or otherwise located, protected or arising under the laws of any jurisdiction outside the United States) and (y) no

foreign law security or pledge agreements or foreign law mortgages or deeds shall be required outside of the United States with respect

to any Loan Party.

Notwithstanding

the foregoing and subject to the last paragraph of Section 6.02, no Loan Party shall be required to deliver a Mortgage with respect

to the Metropolis Property.

“Commitment”

means with respect to any Lender, such Lender’s Revolving Commitment, Term B Commitment, commitment in respect of any Incremental

Revolving Loans or commitment in respect of any Incremental Term Loans or any combination thereof (as the context requires).

“Commodity

Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.) and any successor statute.

“Communications”

means, collectively, any notice, demand, communication, information, document or other material provided by or on behalf of any Loan

Party pursuant to this Agreement or any other Loan Document or the transactions contemplated herein or therein that is distributed to

the Administrative Agent, any Lender or any Issuing Bank by means of electronic communications pursuant to Section 9.01, including

through the Platform.

“Connection

Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are

franchise Taxes or branch profits Taxes.

“Consenting Lender”

has the meaning assigned to such term in Section 2.22(a).

“Consolidated

Debt” means, as of any date, the aggregate principal amount of Indebtedness of the type specified in the following clauses

of the definition of “Indebtedness”: clause (a) (excluding Indebtedness of the type set forth in Section 6.01(a)(ix) that

is non-recourse to the Borrower and the Restricted Subsidiaries and excluding any Excluded Refinanced Debt), clause (b), clause (e) (but

only to the extent supporting Indebtedness of the types specified in clauses (a), (b) and (g) of the definition thereof), clause

(f) (but only to the extent supporting Indebtedness of the types specified in clauses (a), (b) and (g) of the definition

thereof), clause (g), clause (h) (but only to the extent drawn and unreimbursed after one Business Day) and clause (k), in each

case relating to the Restricted Group outstanding as of such date determined on a consolidated basis; provided that in no event shall

Supply Chain Financing be included in the calculation of Consolidated Debt.

“Consolidated

EBITDA” means, for any period, Consolidated Net Income for such period plus

(a) without duplication

and to the extent deducted in determining such Consolidated Net Income for such period, the sum of:

(i) total

interest expense for such period, and, to the extent not reflected in such total interest expense, the sum of (A) premium

payments, debt discount, fees, charges and related expenses incurred in connection with borrowed money (including capitalized

interest) or in connection with the deferred purchase price of assets plus (B) the portion of rent expense with respect to such

period under Capital Leases that is treated as interest expense in accordance with GAAP, plus (C) any losses on hedging

obligations or other derivative instruments entered into for the purpose of hedging interest rate risk, net of interest income and

gains on such hedging obligations or such derivative instruments, plus (D) bank and letter of credit fees and costs of surety

bonds in connection with financing activities, plus (E) any commissions, discounts, yield and other fees and charges (including

any interest expense) related to any Permitted Receivables Facility, plus (F) amortization or write-off of deferred financing

fees, debt issuance costs, debt discount or premium, terminated hedging obligations and other commissions, financing fees and

expenses and, adjusted, to the extent included, to exclude any refunds or similar credits received in connection with the purchasing

or procurement of goods or services under any purchasing card or similar program,

(ii) provision

for Taxes based on income, profits, revenue or capital for such period, including, without limitation, state, franchise, excise, gross

receipts, value added, margins, and similar taxes and foreign withholding taxes (including penalties and interest related to taxes or

arising from tax examinations) and, without duplication of the foregoing, any payments to any direct or indirect parent in respect of

such taxes (including, without limitation, the amount of any distributions in respect of the foregoing items pursuant to Section 6.08(a)(xiii)),

(iii) depreciation and

amortization expense for such period,

(iv) costs

and expenses incurred in connection with, or related to, the Spin-Off, including but not limited to severance costs, relocation costs,

repositioning and other restructuring costs, integration and facilities’ opening costs and other business optimization expenses

and operating improvements and establishment costs, recruiting fees, signing costs, retention or completion bonuses, transition costs,

costs related to closure/consolidation of facilities, internal costs in respect of Spin-Off related initiatives and curtailments or modifications

to pension and post-retirement employee benefit plans (including any settlement of pension liabilities), contract terminations and professional

and consulting fees incurred in connection with any of the foregoing, in each case incurred in connection with the Spin- Off during such

period to the extent such incurrence occurs prior to the second anniversary of the Effective Date,

(v) fees,

costs and expenses incurred during such period in connection with any proposed or actual permitted merger, acquisition, Investment,

asset sale, other disposition or capital markets or financing transaction, without regard to the consummation thereof,

(vi) unusual,

non-recurring or exceptional expenses, losses or charges incurred during such period.

(vii) integration

costs, transition costs, consolidation and closing costs for facilities, costs incurred in connection with any non-recurring strategic

initiatives, acquisitions and non-recurring Intellectual Property development at any time, other business optimization expenses (including

costs and expenses relating to business optimization programs, new systems design, technology upgrades and implementation costs), severance

costs, project start-up costs and repositioning and other restructuring charges, carve-out related items, accruals or reserves (including

restructuring costs related to acquisitions at any time and to closure/consolidation of facilities, retention charges, systems establishment

costs and excess pension charges) incurred during such period,

(viii) any

non-cash charges, losses or expenses for such period except to the extent representing an accrual for future cash outlays (but excluding

any non-cash charge, loss or expense in respect of an item that was included in Consolidated Net Income in a prior period and any non-cash

charge, loss or expense that relates to the write-down or write-off of inventory, other than any write-down or write-off of inventory

as a result of purchase accounting adjustments in respect of any acquisition permitted by the credit facilities provided for under this

Agreement),

(ix) any

non-cash loss attributable to the mark to market movement in the valuation of any Equity Interests, and hedging obligations or other

derivative instruments;

(x) (A) any

losses relating to amounts paid in cash prior to the stated settlement date of any hedging obligation that has been reflected in Consolidated

Net Income for such period, (B) any losses during such period attributable to early extinguishment of indebtedness or obligations

under any Hedging Agreement and (C) any gain relating to hedging obligations associated with transactions realized in the current

period that has been reflected in Consolidated Net Income in prior periods and excluded from Consolidated EBITDA pursuant to clauses

(b)(iii) below,

(xi) any

losses during such period resulting from the sale or disposition of

any asset outside the ordinary course of business,

(xii) other

add-backs and adjustments of the type set forth in (x) the Lender Presentation and/or (y) the Form 10 incurred during

such period; provided, that any add-backs and adjustments made pursuant to this clause (xii) for any period shall not exceed,

together with any amounts added back pursuant to clause (xiii) below and clauses (I)(b) and (II)(b) of the definition

of “Pro Forma Basis” for such period, 20% of Consolidated EBITDA in the aggregate for such period (determined prior to the

adjustments contemplated thereby), and

(xiii) on

and after the Effective Date, “run rate” cost savings, operating expense reductions, business optimization activities improvements

(but excluding “run rate” Consolidated EBITDA attributable to projected increases in revenues) and similar initiatives and

similar synergies, in each case, that are factually supportable and have been realized or are reasonably expected to be realized within

24 months following (i) any acquisition (including the commencement of activities constituting a business), (ii) disposition

(including the termination or discontinuance of activities constituting a business) of business entities or of properties or assets constituting

a division or line of business and/or (iii) any other operational change, optimization or similar initiative (including, to the

extent applicable, in connection with any restructuring) (which, in the case of each of clauses (i) – (iii) above, will

be added to Consolidated EBITDA as so projected until fully realized (or if earlier, the time when such cost savings, operating expense

reductions, business and product optimization activities and similar initiatives and similar synergies shall cease to be reasonably expected

to be realized within such 24 months), and calculated on a Pro Forma Basis as though such synergies, cost savings, expense reductions,

other operating changes, optimizations and similar initiatives had been realized (or commenced, acquired or created, as applicable) on

the first day of such period), net of the amount of actual benefits realized during such period from such actions; provided that

any add-backs and adjustments made pursuant to this clause (xiii) for any period shall not exceed, together with any amounts added

back pursuant to clause (xii) above for such period and any amounts added back pursuant to clauses (I)(b) and (II)(b) of

the definition of “Pro Forma Basis” for such period, 20% of Consolidated EBITDA in the aggregate for such period (in each

case, determined prior to the adjustments contemplated thereby) (collectively, the “Applicable Adjustments”)), minus

(b) without duplication

and to the extent included in determining such Consolidated Net Income, the sum of

(i)

any non-cash gains for such period (other than any such non-cash gains (A) in

respect of which cash was received in a prior period or will be received in a future period and (B) that represent the reversal

of any accrual in a prior period for, or the reversal of any cash reserves established in a prior period for, anticipated cash charges),

(ii)

all gains during such period resulting from the sale or disposition of any asset outside the ordinary course of business,

(iii) (A) any

gains relating to amounts received in cash prior to the stated settlement date of any hedging obligation that has been reflected in Consolidated

Net Income for such period, (B) any gains during such period attributable to early extinguishment of Indebtedness or obligations

under any Hedging Agreement and (C) any loss relating to hedging obligations associated with transactions realized in the current

period that has been

reflected in Consolidated Net Income in prior periods and excluded from Consolidated EBITDA pursuant to clauses

(a)(x) above, and

(iv) any

non-cash gain attributable to the mark to market movement in the valuation of any Equity Interests, and hedging obligations or other

derivative instruments.

the event any Subsidiary shall be a subsidiary that is not wholly owned by the Borrower, all amounts added back in computing Consolidated

EBITDA for any period pursuant to clause (a) above, and all amounts subtracted in computing Consolidated EBITDA pursuant to clause

(b) above, to the extent such amounts are, in the reasonable judgment of a Financial Officer of the Borrower, attributable to such

subsidiary, shall be reduced by the portion thereof that is attributable to the non-controlling interest in such subsidiary.

Notwithstanding

the foregoing and any requirements of GAAP to the contrary, Consolidated EBITDA shall be deemed to equal (a) $246,000,000.00 for

the fiscal quarter ended September 30, 2024, (b) $235,000,000.00 for the fiscal quarter ended December 31, 2024, (c) $250,000,000.00

for the fiscal quarter ended March 31, 2025 and (d) $283,000,000.00 for the fiscal quarter ended June 30, 2025 (it being

understood that such amounts are subject to adjustments, as and to the extent otherwise contemplated in this Agreement, in connection

with any pro forma adjustment or any calculation on a Pro Forma Basis); provided that such amounts of Consolidated EBITDA for any such

fiscal quarter may be further increased to include, without duplication, any adjustments that would otherwise be included pursuant to

clause (a)(iv) of this definition.

“Consolidated First Lien Leverage Ratio” means, as of the last day of any fiscal quarter, the ratio of (a)(i) Consolidated

First Lien Secured Debt minus (ii) unrestricted cash and Permitted Investments as reflected on the consolidated balance sheet

of the Borrower and its Restricted Subsidiaries to (b) LTM Consolidated EBITDA.

“Consolidated

First Lien Secured Debt” means, as of any date, Consolidated Secured Debt minus the portion of Indebtedness of the

Restricted Group included in Consolidated Secured Debt that is secured by any Lien on property or assets of the Restricted Group that

is junior to the Liens securing the Obligations.

“Consolidated

Interest Coverage Ratio” means the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each

case for the four consecutive fiscal quarters of the Borrower ended on such date.

“Consolidated

Interest Expense” means for any period, the excess of (a) the sum of, without duplication, (i) the interest expense

(including imputed interest expense in respect of Capital Lease Obligations) of the Restricted Group for such period, determined on a

consolidated basis in accordance with GAAP and (ii) any interest or other financing costs accrued during such period in respect

of Indebtedness of the Restricted Group that are required to be capitalized rather than included in Consolidated Interest Expense of

the Borrower for such period in accordance with GAAP, (iii) any cash payments made during such period in respect of obligations

referred to in clause (b)(iii) below that were amortized or accrued in a previous period, and (iv) all cash dividends paid

or payable during such period in respect of Disqualified Equity Interests of the Borrower; provided that such dividends shall

be multiplied by a fraction the numerator of which is one and the denominator of which is one minus the effective combined tax rate of

the Borrower (expressed as a decimal) for such period (as estimated by a Financial Officer of the Borrower in good faith) minus

(b) the sum of, without duplication, (i) interest

income of the Restricted Group for such period, determined on a consolidated

basis in accordance with GAAP, (ii) to the extent included in such Consolidated Interest Expense for such period, non-cash amounts

attributable to amortization or write-off of capitalized interest or other financing costs paid in a previous period and (iii) to

the extent included in such Consolidated Interest Expense for such period, non-cash amounts attributable to amortization of debt discounts

or accrued interest payable in kind for such period. For purposes of determining the Consolidated Interest Coverage Ratio for the period

of four consecutive quarters ended December 31, 2025, March 31, 2026, June 30, 2026 and September 30, 2026 (each,

an “Applicable Period End Date”), Consolidated Interest Expense shall be deemed to be equal to the Consolidated Interest

Expense for the period from the Effective Date to and including the Applicable Period End Date, multiplied by a fraction equal to (x) 365

divided by (y) the number of days actually elapsed from the Effective Date to such Applicable Period End Date. Notwithstanding anything

herein to the contrary, in no event shall payments in respect of the Tax Matters Agreement be included in the calculation of Consolidated

Interest Expense.

“Consolidated

Net Income” means, for any period, (1) the net income or loss of the Restricted Group for such period determined in accordance

with GAAP as set forth on the consolidated financial statements of the Restricted Group for such period minus (to the extent such

amounts were not deducted in determining such net income or loss) (2)(a) [reserved], (b) [reserved], (c) any Transaction

Costs incurred during such period, and (d) fees and expenses incurred during such period in connection with any proposed or actual

permitted merger, acquisition, Investment, asset sale, other disposition or capital markets transaction, without regard to the consummation

thereof and any gains (loss) and all fees and expenses or charges relating thereto for such period attributable to early extinguishment

of Indebtedness or obligations under any Hedging Agreement; provided that there shall be excluded (i) the income of any Person

that is not a member of the Restricted Group, except to the extent of the amount of cash dividends or other cash distributions (or, in

the case of non-cash distributions, to the extent converted into cash) actually paid by such Person to the Borrower or any Restricted

Subsidiary of the Borrower during such period, (ii) any extraordinary gain or loss, together with any related provision for taxes

on such extraordinary gain or loss, (iii) any unrealized or realized gain or loss due solely to fluctuations in currency values

and the related tax effects, determined in accordance with GAAP, and (iv) the cumulative effect of a change in accounting principles

in such period, if any.

“Consolidated

Secured Debt” means, as of any date, Consolidated Debt minus the portion of Indebtedness of the Restricted Group included

in Consolidated Debt that is not secured by any Lien on property or assets of the Restricted Group.

“Consolidated Secured Leverage Ratio” means, as of the last day of any fiscal quarter, the ratio of (a)(i) Consolidated

Secured Debt minus (ii) unrestricted cash and Permitted Investments as reflected on the consolidated balance sheet of the

Borrower and its Restricted Subsidiaries to (b) LTM Consolidated EBITDA.

“Consolidated

Total Assets” means the total assets of the Restricted Group determined in accordance with GAAP.

“Consolidated

Total Leverage Ratio” means, as of the last day of any fiscal quarter, the ratio of (a)(i) Consolidated Debt minus

(ii) unrestricted cash and Permitted Investments as reflected on the consolidated balance sheet of the Borrower and its Restricted

Subsidiaries to (b) LTM Consolidated EBITDA.

“Contract

Consideration” has the meaning assigned to such term in the definition of “Excess Cash Flow.”

“Control”

means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies, or the dismissal

or appointment of the management, of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling”

and “Controlled” have meanings correlative thereto.

“Corresponding

Tenor” with respect to any Available Tenor means, as applicable, either a tenor (including overnight) or an interest payment

period having approximately the same length (disregarding business day adjustment) as such Available Tenor.

“Credit Party”

means the Administrative Agent, each Issuing Bank and each other Lender.

“Daily

Simple SOFR” means, for any day (a “SOFR Rate Day”), a rate per annum equal to SOFR for the day

(such day “SOFR Determination Date”) that is five (5) U.S. Government Securities Business Days prior to (i) if

such SOFR Rate Day is a U.S. Government Securities Business Day, such SOFR Rate Day or (ii) if such SOFR Rate Day is not a U.S.

Government Securities Business Day, the U.S. Government Securities Business Day immediately preceding such SOFR Rate Day, in each case,

as such SOFR is published by the SOFR Administrator on the SOFR Administrator’s Website. Any change in Daily Simple SOFR due to

a change in SOFR shall be effective from and including the effective date of such change in SOFR without notice to the Borrower. If by

5:00 p.m. (New York City time) on the second (2nd) U.S. Government Securities Business Day immediately following any SOFR Determination

Date, SOFR in respect of such SOFR Determination Date has not been published on the SOFR Administrator’s Website and a Benchmark

Replacement Date with respect to the Daily Simple SOFR has not occurred, then SOFR for such SOFR Determination Date will be SOFR as published

in respect of the first preceding U.S. Government Securities Business Day for which such SOFR was published on the SOFR Administrator’s

Website, with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining “Daily Simple

SOFR” for syndicated business loans; provided that if the Administrative Agent decides that any such convention is not administratively

feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion.

“Declining Lender”

has the meaning assigned to such term in Section 2.22(a).

“Deadline”

has the meaning assigned to such term in Section 2.11(i).

“Default”

means any event or condition that constitutes an Event of Default or that upon notice, lapse of time or both would, unless cured or waived,

constitute an Event of Default.

“Defaulting

Lender” means any Revolving Lender that (a) has failed, within two Business Days of the date required to be funded or

paid, to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit or (iii) pay

over to any Credit Party any other amount required to be paid by it hereunder, unless, in the case of clause (i) above, such Revolving

Lender notifies the Administrative Agent in writing that such failure is the result of such Revolving Lender’s good faith determination

that a condition precedent to funding (specifically identified in such writing, including, if applicable, by reference to a specific

Default) has not been satisfied, (b) has notified the Borrower or any Credit Party in writing, or

has

made a public statement to the effect, that it does not intend or expect to comply with any of its funding obligations under this Agreement

(unless such writing or public statement indicates that such position is based on such Revolving Lender’s good faith determination

that a condition precedent to funding (specifically identified in such writing, including, if applicable, by reference to a specific

Default) cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three

Business Days after request by a Credit Party, made in good faith, to provide a certification in writing from an authorized officer of

such Revolving Lender that it will comply with its obligations (and is financially able to meet such obligations) to fund prospective

Loans and participations in then outstanding Letters of Credit; provided that such Revolving Lender shall cease to be a Defaulting

Lender pursuant to this clause (c) upon such Credit Party’s receipt of such certification in form and substance satisfactory

to it and the Administrative Agent or (d) has, or has a direct or indirect parent company that has, become the subject of a Bankruptcy

Event. Any determination by the Administrative Agent that a Revolving Lender is a Defaulting Lender under any one or more of clauses

(a) through (d) above shall be conclusive and binding absent manifest error, and such Revolving Lender shall be deemed to be

a Defaulting Lender (subject to Section 2.20) upon delivery of written notice of such determination to the Borrower, each Issuing

Bank and each other Lender.

“Default

Right” has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§

252.81, 47.2 or 382.1, as applicable.

“Designated

Non-Cash Consideration” means the fair market value of non-cash consideration received by the Borrower or a Subsidiary in connection

with a disposition pursuant to Section 6.05(k) that is designated as Designated Non-Cash Consideration pursuant to a certificate

of an executive officer, setting forth the basis of such valuation (which amount will be reduced by the fair market value of the portion

of the non-cash consideration converted to cash within 180 days following the consummation of such disposition).

“Designated Subsidiary”

has the meaning assigned to such term in Section 5.12(b).

“Disqualified

Equity Interest” means any Equity Interest that (a) matures or is mandatorily redeemable (other than solely for Qualified

Equity Interests) or subject to mandatory repurchase or redemption or repurchase at the option of the holders thereof, in each case in

whole or in part and whether upon the occurrence of any event, pursuant to a sinking fund obligation on a fixed date or otherwise, prior

to the date that is 91 days after the Latest Maturity Date (determined as of the date of issuance thereof or, in the case of any such

Equity Interests outstanding on the date hereof, as of the date hereof), other than (i) upon payment in full of the Loan Document

Obligations, reduction of the LC Exposure to zero and termination of the Commitments or (ii) upon a “change in control”

or asset sale or casualty or condemnation event; provided that any payment required pursuant to this clause (ii) shall be

subject to the prior repayment in full of the Loan Document Obligations, reduction of the LC Exposure to zero and termination of the

Commitments or (b) is convertible or exchangeable, automatically or at the option of any holder thereof, into (i) any Indebtedness

(other than any Indebtedness described in clause (i) of the definition thereof) or (ii) any Equity Interests or other assets

other than Qualified Equity Interests, in each case at any time prior to the date that is 91 days after the Latest Maturity Date (determined

as of the date of issuance thereof or, in the case of any such Equity Interests outstanding on the date hereof, as of the date hereof);

provided that an Equity Interest in any Person that is issued to any employee or to any plan for the benefit of employees or by

any such plan to such employees shall not constitute a Disqualified Equity Interest solely because it may

be required to be repurchased

by such Person or any of its subsidiaries in order to satisfy applicable statutory or regulatory obligations or as a result of such employee’s

termination, death or disability.

“Disqualified

Institution” means (i) (x) the competitors of the Borrower and its subsidiaries that are identified in writing and

(y) the banks, financial institutions and other institutional lenders and persons, in each case set forth in a list provided to

the Administrative Agent prior to October 29, 2025 at JPMDQ_Contact@jpmorgan.com or such other address provided by the Administrative

Agent from time to time; provided that any modifications, deletions or supplements to such list in clause (i)(x) shall become

effective three (3) Business Days after the delivery thereof to the Administrative Agent and (ii) any of their Affiliates that

are clearly identifiable solely on the basis of the similarity of such Affiliates’ name (other than any such Affiliates that are

primarily engaged in making, purchasing, holding or otherwise investing in commercial loans in the ordinary course of their business

(other than any Affiliates excluded pursuant to clause (i)(y)); provided further that any additional designation permitted by

the foregoing shall not apply retroactively to any prior or pending assignment or participation.

“Distribution

Agreement” means the Separation and Distribution Agreement, dated as of October 30, 2025, by and between Honeywell and

the Borrower.

“Distribution

Date” means the date of the distribution of the shares of common stock of the Borrower to shareholders of record of Honeywell

pursuant to the Spin-Off which shall occur within two Business Days following the Effective Date.

“Documentation

Agents” means, collectively, BBVA Securities Inc., BNP Paribas Securities Corp., HSBC Securities (USA) Inc., Sumitomo Mitsui

Banking Corporation, Société Générale, TD Securities (USA) LLC and UniCredit Bank GmbH, New York Branch.

“Dollar

Equivalent” means, for any amount, at the time of determination thereof, (a) if such amount is expressed in dollars,

such amount and (b) if such amount is expressed in a Permitted Foreign Currency, the equivalent of such amount in dollars

determined by using the rate of exchange for the purchase of dollars with the Permitted Foreign Currency last provided (either by

publication or otherwise provided to the Administrative Agent) by Reuters on the Business Day (New York City time) immediately

preceding the date of determination or if such service ceases to be available or ceases to provide a rate of exchange for the

purchase of dollars with the Permitted Foreign Currency, as provided by such other publicly available information service which

provides that rate of exchange at such time in place of Reuters chosen by the Administrative Agent in its sole discretion (or if

such service ceases to be available or ceases to provide such rate of exchange, the equivalent of such amount in dollars as

determined by the Administrative Agent using any method of determination it deems appropriate in its sole discretion).

“dollars”

or “$” refers to lawful currency of the United States of America.

“ECF Sweep Amount”

has the meaning assigned to such term in Section 2.11(d).

“Eclipse

Acquisition” has the meaning assigned to such term in the First Amendment.

“Eclipse

Acquisition Permanent Financing” means debt financing incurred for the purpose of financing the Eclipse Transactions in lieu of

(in part or in whole) of the Eclipse Bridge Facility.

“Eclipse

Bridge Facility” has the meaning assigned to such term in the First Amendment.

“Eclipse

Bridge Facility Intercreditor Agreement” has the meaning assigned to such term in the First Amendment.

“Eclipse

Transactions” has the meaning assigned to such term in the First Amendment.

“EEA

Financial Institution” means (a) any institution established in any EEA Member Country which is subject to the supervision

of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described

in clause (a) of this definition, or (c) any institution established in an EEA Member Country which is a subsidiary of an institution

described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

“EEA

Member Country” means any of the member states of the European Union, Iceland, Liechtenstein, and Norway.

“EEA

Resolution Authority” means any public administrative authority or any Person entrusted with public administrative authority

of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.

“Effective Date”

means October 29, 2025.

“Effective

Date Repayment” means the cash distribution within one Business Day from the Effective Date in an aggregate amount not to exceed

$1,500,000,000 by the Borrower to Honeywell and/or a subsidiary of Honeywell with the Net Proceeds of the Term Loans and the Senior Unsecured

Indebtedness.

“Eligible

Assignee” means (a) a Lender, (b) an Affiliate of a Lender, (c) an Approved Fund and (d) any other Person,

other than, in each case, a natural person, a Defaulting Lender, the Borrower, any Subsidiary, any other Affiliate of the Borrower and

to the extent posted to the Lenders, a Disqualified Institution.

“Employee Matters Agreement” means the Employee Matters Agreement, dated as of October 30, 2025, by and between Honeywell

and the Borrower.

“Environmental

Law” means any Requirement of Law, or any notice or binding agreement issued, promulgated or entered into by or with any Governmental

Authority, relating in any way to (a) the protection or preservation of the environment, (b) the generation, management, Release

or threatened Release of or exposure to any Hazardous Material or (c) health and safety matters, to the extent relating to the exposure

to Hazardous Materials.

“Environmental

Liability” means any liability, obligation, loss, claim, action, order or cost, contingent or otherwise (including any liability

for damages, costs of medical monitoring, costs of environmental remediation or restoration, administrative oversight costs, consultants’

fees, fines, penalties and indemnities), directly or indirectly resulting from or based

upon (a) any actual or alleged violation

of any Environmental Law or permit, license or approval required thereunder, (b) the generation, use, handling, transportation,

storage, treatment, management, Release or threatened Release of any Hazardous Materials, (c) exposure to any Hazardous Materials,

or (d) any legally binding contract or agreement or other legally binding consensual arrangement pursuant to which liability is

assumed or imposed with respect to any of the foregoing.

“Equity

Interests” means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial

interests in a trust or other equity ownership interests (whether voting or non-voting) in, or interests in the income or profits of,

a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any of the foregoing (other than,

prior to the date of such conversion, Indebtedness that is convertible into Equity Interests).

“ERISA” means

the Employee Retirement Income Security Act of 1974, as amended.

“ERISA

Affiliate” means any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single

employer under Section 414(b) or 414(c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412

of the Code, is treated as a single employer under Section 414 of the Code.

“ERISA Event” means (a) any “reportable event”, as defined in Section 4043(c) of ERISA or the

regulations issued thereunder with respect to a Plan (other than an event for which the 30-day notice period is waived), (b) any

failure by any Plan to satisfy the minimum funding standard (within the meaning of Section 412 of the Code or Section 302 of

ERISA) applicable to such Plan, whether or not waived, (c) the filing pursuant to Section 412(c) of the Code or Section 302(c) of

ERISA of an application for a waiver of the minimum funding standard with respect to any Plan, (d) a determination that any Plan

is, or is expected to be, in “at risk” status (as defined in Section 303(i)(4) of ERISA or Section 430(i)(4)(A) of

the Code), (e) the incurrence by the Borrower or any of its ERISA Affiliates of any liability under Title IV of ERISA with respect

to the termination of any Plan under Section 4041 or 4041(A) of ERISA, respectively, (f) the receipt by the Borrower or

any of its ERISA Affiliates from the PBGC or a plan administrator of any notice relating to an intention to terminate any Plan under

Section 4041 or 4041A of ERISA, respectively, or to appoint a trustee to administer any Plan, (g) the incurrence by the Borrower

or any of its ERISA Affiliates of any liability with respect to the withdrawal or partial withdrawal from any Plan or Multiemployer Plan,

(h) the receipt by the Borrower or any ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan from the Borrower

or any of its ERISA Affiliates of any notice, concerning the imposition of Withdrawal Liability or a determination that a Multiemployer

Plan is, or is expected to be, insolvent within the meaning of Title IV of ERISA, or in endangered or critical status, within the meaning

of Section 305 of ERISA or Section 432 of the Code or (i) any Foreign Benefit Event.

“EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or

any successor Person), as in effect from time to time.

“Event of Default”

has the meaning assigned to such term in Section 7.01.

“Excess Cash Flow” means, for

any fiscal year of the Borrower, the sum (without duplication) of:

(a) the Consolidated Net

Income (or loss) of the Restricted Group for such fiscal year, adjusted to exclude (i) net income (or loss) of any consolidated Restricted

Subsidiary that is not wholly owned by the Borrower to the extent such income or loss is attributable to the non-controlling interest

in such consolidated Restricted Subsidiary and (ii) any non-cash gains (or non-cash losses) attributable to sale or disposition of

any asset of the Restricted Group outside the ordinary course of business to the extent included (or deducted) in calculating Consolidated

Net Income; plus

(b) depreciation, amortization

and other non-cash charges or losses deducted in determining such Consolidated Net Income (or loss) for such fiscal year; plus

amount, if any, by which Net Working Capital decreased during such fiscal year (except as a result of the reclassification of items from

short-term to long-term or vice-versa), (ii) the net amount, if any, by which the consolidated deferred revenues and other consolidated

accrued long-term liability accounts of the Restricted Group increased during such fiscal year and (iii) the net amount, if any,

by which the consolidated accrued long-term asset accounts of the Restricted Group decreased during such fiscal year; minus

(d) the sum of (i) any

non -cash gains included in determining such Consolidated Net Income (or loss) for such fiscal year, (ii) the amount, if any, by

which Net Working Capital increased during such fiscal year (except as a result of the reclassification of items from long-term to short-term

or vice-versa), (iii) the net amount, if any, by which the consolidated deferred revenues and other consolidated accrued long-term

liability accounts of the Restricted Group decreased during such fiscal year and (iv) the net amount, if any, by which the consolidated

accrued long-term asset accounts of the Restricted Group increased during such fiscal year; minus

(e) [reserved];

(f)

the aggregate principal amount of Long-Term Indebtedness repaid or prepaid by the Restricted Group during such fiscal year (and, at

the Borrower’s option (and without deducting such amounts against the subsequent fiscal year’s Excess Cash Flow

calculation), after the end of such fiscal year but prior to the date on which the prepayment pursuant to

Section 2.11(d) for such fiscal year is required to have been made), excluding (i) Indebtedness in respect of

Revolving Loans and Letters of Credit or other revolving credit facilities (unless there is a corresponding reduction in the

Revolving Commitments or the commitments in respect of such other revolving credit facilities, as applicable), (ii) Term Loans

voluntarily prepaid or prepaid pursuant to Section 2.11(c) or (d) and, to the extent Revolving Commitments are

permanently reduced, Revolving Loans voluntarily prepaid and (iii) repayments or prepayments of Long-Term Indebtedness financed

from Excluded Sources (other than Revolving Loans); minus

(g) the aggregate amount

of Restricted Payments made in cash during such fiscal year in accordance with Section 6.08(a)(v) (and, at the Borrower’s

option (and without deducting such amounts against the subsequent fiscal year’s Excess Cash Flow calculation), after the end of

such fiscal year but prior to the date on which the prepayment pursuant to Section 2.11(d) for such fiscal year is required

to have been made), except to the extent that such Restricted Payments (i) are made to fund expenditures that reduce Consolidated

Net Income (or loss) of the

Restricted Group or (ii) are financed from Excluded Sources; minus

(h) the amount of taxes

(including penalties and interest) paid in cash or tax reserves set aside or payable (without duplication) in such period to the extent

such amounts exceed the amount of tax expense deducted in determining Consolidated Net Income for such period; minus

(i) (A) the aggregate

consideration required to be paid in cash by the Borrower or any of the Restricted Subsidiaries pursuant to binding contract commitments,

letters of intent or purchase orders (the “Contract Consideration”), in each case, entered into prior to or during

such period and (B) to the extent set forth in a certificate of a Financial Officer delivered to the Administrative Agent at or before

the time the certificate for the period ending simultaneously with such fiscal year is required to be delivered pursuant to Section 5.01(c),

the aggregate amount of cash that is reasonably expected to be paid in respect of planned cash expenditures by the Borrower or any of

the Restricted Subsidiaries (the “Planned Expenditures”), in the case of each of clauses (A) and (B), relating

to Permitted Acquisitions, other Investments (other than Investments in Permitted Investments), Restricted Payments or other dividends

or distributions, or Capital Expenditures or payments and distributions to joint ventures or other similar arrangements, pursuant to joint

venture, licensing or similar agreements (including one-time put option payments and one-time upfront bonus payments), in each case, to

be consummated or made during the immediately succeeding twelve month period; provided, that the amount of any Contract Consideration

or Planned Expenditures payable in cash shall be deemed to be restricted for cash; provided, further, that to the extent

the aggregate amount of cash actually utilized to finance such Contract Consideration or Planned Expenditure during such immediately succeeding

twelve month period is less than the Contract Consideration and Planned Expenditures, the amount of such shortfall shall be added to the

calculation of Excess Cash Flow at the end of such subsequent period.

“Exchange Act”

means the United States Securities Exchange Act of 1934, as amended from time to time.

“Excluded Deposit Account”

means (a) any deposit account the funds in which are used primarily for the payment of salaries and wages, workers’ compensation

and similar expenses in the ordinary course of business, (b) any deposit account that is a zero-balance disbursement account and

(c) any deposit account the funds in which consist solely of (i) funds held by the Borrower or any Restricted Subsidiary in

trust for any director, officer or employee of the Borrower or any Restricted Subsidiary or any employee benefit plan maintained by the

Borrower or any Restricted Subsidiary or (ii) funds representing deferred compensation for the directors and employees of the Borrower

or any Restricted Subsidiary.

“Excluded

Property” means the following assets and property of any Loan Party: (i) all leasehold interests in real property and

any fee-owned real property other than Material Real Property (including requirements to deliver landlord waivers, estoppels and

collateral access letters); (ii) aircraft, rolling stock, motor vehicles and other assets subject to certificates of title,

letter of credit rights (except to the extent perfection can be obtained by filing of Uniform Commercial Code financing statements)

and commercial tort claims for which a complaint or a counterclaim has not yet been filed in a court of competent jurisdiction and

commercial tort claims reasonably expected to result in a judgment not in excess of $10,000,000; (iii) “margin

stock” (within the meaning of Regulation U), and pledges and security interests prohibited by applicable law, rule or

regulation; (iv) Equity Interests in (x) any Excluded Subsidiary of the type described in clauses (a), (b),

(d) (other than any Unrestricted Subsidiary that is a Receivables

Entity to the extent a

pledge of the equity of such Receivables Entity is not prohibited by the terms of the Permitted Receivables Facility Documents), (e) or

(h) of the definition thereof or (y) any Person other than wholly owned Subsidiaries to the extent the pledge thereof is not

permitted by the terms of such Person’s organizational documents, joint venture documents or similar contractual obligations; (v) assets

to the extent a security interest in such assets would result in material adverse tax consequences to the Borrower and its Subsidiaries

(as determined by the Borrower in its reasonable judgment in consultation with the Administrative Agent); (vi) rights, title or

interest in any lease, license, sublicense or other agreement or in any equipment or property subject to a purchase money security interest,

capitalized lease obligation or similar arrangement to the extent that a grant of a security interest therein would violate or invalidate

such lease, license, sublicense or agreement or purchase money arrangement, capitalized lease obligation or similar arrangement or require

the consent of any Person or create a right of termination in favor of any other party thereto (other than a Loan Party or any of its

subsidiaries) after giving effect to the applicable anti-assignment provisions of the Uniform Commercial Code or equivalent law, other

than proceeds and receivables thereof, the assignment of which is expressly deemed effective under the Uniform Commercial Code or equivalent

law notwithstanding such prohibition; (vii) assets that are (x) prohibited by applicable law, rule or regulation or require

governmental (including regulatory) consent, approval, license or authorization to pledge such assets or (y) contractually prohibited

on the Effective Date or the date of acquisition of such asset (or on the date an Excluded Subsidiary becomes a Loan Party by guaranteeing

the Obligations) from pledging such assets, so long as such prohibition is not created in contemplation of such transaction, and unless

such consent, approval, license or authorization has been received, in each case, after giving effect to the applicable anti-assignment

provisions of the Uniform Commercial Code and other applicable requirements of law; (viii) any intent-to-use trademark application

filed in the United States Patent and Trademark Office pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. Section 1051,

prior to the accepted filing of a “Statement of Use” and issuance of a “Certificate of Registration” pursuant

to Section 1(d) of the Lanham Act or an accepted filing of an “Amendment to Allege Use” whereby such intent-to-use

trademark application is converted to a “use in commerce” application pursuant to Section 1(c) of the Lanham Act

and any other Intellectual Property in any jurisdiction where such pledge or security interest would cause the invalidation or abandonment

of such Intellectual Property under applicable law; (ix) accounts primarily holding funds received from insurance companies in connection

with the third party claims of management and handling business of the Borrower and the Restricted Subsidiaries (together with the funds

held in such accounts); (x) Excluded Deposit Accounts; (xi) Excluded Securities Accounts; (xii) any governmental licenses

or state or local franchises, charters and authorizations, to the extent security interests in favor of the Administrative Agent in such

licenses, franchises, charters or authorizations are prohibited or restricted thereby or under applicable law, after giving effect to

the applicable anti-assignment provisions of the Uniform Commercial Code and other applicable requirements of law; provided that

in the event of the termination or elimination of any such prohibition or restriction contained in any applicable license, franchise,

charter or authorization or applicable law, a security interest in such licenses, franchises, charters or authorizations shall be automatically

and simultaneously granted under the applicable Security Documents and such license, franchise, charter or authorization shall be included

as Collateral; (xiii) assets of Loan Parties located in any jurisdiction outside of the United States (but excluding (1) Equity

Interests of any Foreign Subsidiary or any other Person organized in a jurisdiction outside of the United States and (2) assets

owned by a Loan Party organized under the laws of the United States in which a security interest can be perfected by the filing of a

Uniform Commercial Code financing statement or by delivery of certificates evidencing Equity Interests); (xiv) (A) voting Equity

Interests in excess of 65% of the issued and outstanding voting Equity Interests and (B) to the extent such pledge would result

in material adverse tax consequences (as determined by the

Borrower in its reasonable judgment in consultation with the Administrative

Agent), non-voting Equity Interests in excess of 65% of the issued and outstanding non-voting Equity Interests, in each case of any CFC

or any Foreign Subsidiary Holding Company that is directly owned by any Loan Party that is a (or is disregarded as separate from a) U.S.

Person and, (xv) the

proceeds of any Eclipse Acquisition Permanent Financing funded into escrow, and the account into which such proceeds are funded, solely

for so long as such proceeds are maintained in such account, and (xvi) those assets as to which the Administrative Agent

and the Borrower reasonably agree that the cost or other consequences of obtaining such a security interest or perfection thereof are

excessive in relation to the benefit to the Lenders of the security to be afforded thereby.

“Excluded Refinanced

Debt” has the meaning assigned to such term in the definition of “Refinancing Indebtedness”.

“Excluded Securities

Account” shall mean (a) any securities account the funds in which are used primarily for the payment of salaries and wages,

workers’ compensation and similar expenses in the ordinary course of business and (b) any securities account the funds or assets

in which consist solely of (i) funds or assets held by the Borrower or any Restricted Subsidiary in trust for any director, officer

or employee of the Borrower or any Restricted Subsidiary or any employee benefit plan maintained by the Borrower or any Restricted Subsidiary

or (ii) funds or assets representing deferred compensation for the directors and employees of the Borrower or any Restricted Subsidiary.

“Excluded Sources” means (a) proceeds of any incurrence or issuance of Long-Term Indebtedness or Capital Lease Obligations and (b) proceeds

of any issuance or sale of Equity Interests in any member of the Restricted Group (other than issuances or sales of Equity Interests to

a member of the Restricted Group) or any capital contributions to any member of the Restricted Group (other than any capital contributions

made by a member of the Restricted Group).

“Excluded Subsidiary”

shall mean (a) each Subsidiary of the Borrower designated by the Borrower for the purpose of this clause (a) from time to time,

for so long as any such Subsidiary does not constitute a Material Subsidiary as of the most recently ended four fiscal quarters of the

Borrower; provided that if such Subsidiary would constitute a Material Subsidiary as of the end of such four fiscal quarter period,

the Borrower shall cause such Subsidiary to become a Loan Party pursuant to Section 5.12, (b) each Subsidiary that is not a

wholly owned Subsidiary or otherwise constitutes a joint venture (for so long as such Subsidiary remains a non-wholly owned Subsidiary

or joint venture), (c) each Subsidiary that is prohibited by any applicable law, regulation or contract to provide the Guarantee

required by the Collateral and Guarantee Requirement (so long as any such contractual restriction is not incurred in contemplation of

such Person becoming a Subsidiary) (unless such prohibition is removed or any necessary consent, approval, waiver or authorization has

been received), or would require governmental (including regulatory) consent, approval, license or authorization to provide such Guarantee,

unless such consent, approval, license or authorization has been received (and for so long as such restriction or any replacement or

renewal thereof is in effect), (d) each Unrestricted Subsidiary, (e) any special purpose entity or broker-dealer entity, (f) any

Subsidiary to the extent that the guarantee of the Obligations by such entity would result in adverse tax or accounting consequences

that are not de minimis (as determined by the Borrower in its reasonable judgment in consultation with the Administrative Agent), (g) any

Captive Insurance Subsidiary, (h) any non-profit Subsidiary, (i) any Subsidiary of the Borrower that is, or would become as

a result of providing the Guarantee required by the Collateral and Guarantee Requirement, an “investment

company” as

defined in, or subject to regulation under, the Investment Company Act (j) any Foreign Subsidiary, CFC or Foreign Subsidiary

Holding Company or any U.S. Subsidiary of any CFC or (k) any other Subsidiary with respect to which, in the reasonable judgment

of the Administrative Agent and the Borrower, the cost, burden, difficulty or other consequence of guaranteeing the Obligations

shall be excessive in view of the benefits to be obtained by the Secured Parties therefrom; provided that a Subsidiary that

has become a Designated Subsidiary shall not constitute an Excluded Subsidiary.

“Excluded Swap Guarantor”

means the Borrower or any other Loan Party all or a portion of whose Guarantee of, or grant of a security interest to secure, any Swap

Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity

Futures Trading Commission (or the application or official interpretation of any thereof).

“Excluded Swap Obligations”

means, with respect to the Borrower, or any other Loan Party, any Swap Obligation if, and to the extent that, all or a portion of the

Guarantee of the Borrower or such other Loan Party of, or the grant by the Borrower or such other Loan Party of a security interest to

secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation

or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such

Loan Party’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange

Act and the regulations thereunder at the time the Guarantee of such Loan Party or the grant of such security interest becomes effective

with respect to such Swap Obligation. If a Swap Obligation arises under a master agreement governing more than one swap, such exclusion

shall apply only to the portion of such Swap Obligation that is attributable to swaps for which such Guarantee or security interest is

or becomes illegal.

“Excluded Taxes”

means any of the following Taxes imposed on or with respect to a Recipient or required to be withheld or deducted from a payment to a

Recipient: (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes and branch profits Taxes, in each

case (i) imposed as a result of such Recipient being organized under the laws of, or having its principal office or, in the case

of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or

(ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable

to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the

date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the

Borrower under Section 2.19(b) or 9.02(c)) or (ii) such Lender changes its lending office, except in each case to the extent

that, pursuant to Section 2.17, amounts with respect to such Taxes were payable either to such Lender’s assignor immediately

before such Lender acquired the applicable interest in a Loan or Commitment or to such Lender immediately before it changed its lending

office, (c) Taxes attributable to such Recipient’s failure to comply with Section 2.17(f) and (d) any U.S. federal

withholding Taxes imposed under FATCA.

“Existing Maturity Date” has the meaning

assigned to such term in Section 2.22(a).

“Existing Revolving Borrowings” has the

meaning assigned to such term in Section 2.21(d).

“Extension Effective Date” has the meaning

assigned to such term in Section 2.22(a).

“Fair Market Value”

or “fair market value” means, with respect to any asset or group of assets on any date of determination, the value

of the consideration obtainable in a sale of such asset at such date of determination assuming a sale by a willing seller to a willing

purchaser dealing at arm’s length and arranged in an orderly manner over a reasonable period of time taking into account the nature

and characteristics of such asset, as reasonably determined by the Borrower in good faith.

“FATCA” means

Sections 1471 through 1474 of the Code, as of the Effective Date (or any amended or successor version that is substantively comparable

and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements

entered into pursuant to Section 1471(b) of the Code and any fiscal or regulatory legislation, rules or practices adopted

pursuant to any intergovernmental agreement, treaty or convention entered into in connection with the implementation of such Sections

of the Code (or any such amended or successor version thereof).

“Federal Funds Effective

Rate” means, for any day, the rate calculated by the NYFRB based on such day’s federal funds transactions by depositary

institutions, as determined in such manner as the NYFRB shall set forth on its public website from time to time, and published on the

next succeeding Business Day by the NYFRB as the effective federal funds rate, provided that if the Federal Funds Effective Rate

as so determined would be less than zero, such rate shall be deemed to zero for the purposes of this Agreement.

“Fee Letters”

shall mean the Amended and Restated Arranger Fee Letter, dated October 21, 2025, originally dated July 21, 2025, among each

Arranger and the Borrower.

“Financial Covenant

Calculation Purposes” has the meaning assigned to such term in the definition of “Pro Forma Basis”.

“Financial Covenant Event of Default” has

the meaning assigned to such term in Section 7.01(d).

“Financial Officer”

means, with respect to any Person, the chief financial officer, principal accounting officer, treasurer or controller of such Person,

or any other officer of such Person performing the duties that are customarily performed by a chief financial officer, principal accounting

officer, treasurer or controller and with respect to limited liability companies that do not have officers, the manager, sole member,

managing member or general partner thereof, the chief financial officer, principal accounting officer, treasurer, assistant treasurer

or controller of such Person, or any other officer of such Person performing the duties that are customarily performed by a chief financial

officer, principal accounting officer, treasurer or controller.

“First

Amendment” means the First Amendment to Credit Agreement, dated as of July 24, 2026, by and among the Borrower, the Lenders

party thereto and the Administrative Agent.

“Flood Insurance

Laws” means, collectively, (i) the National Flood Insurance Reform Act of 1994 (which comprehensively revised the

National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973) as now or hereafter in effect or any successor

statute thereto, (ii) the

Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto and (iii) the Biggert-Waters Flood

Insurance Reform Act of 2012 as now or hereafter in effect or any successor statute thereto.

“Floor” means

the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment

or renewal of this Agreement or otherwise) with respect to the Adjusted Term SOFR Rate. For the avoidance of doubt the initial Floor for

the Adjusted Term SOFR Rate shall be zero with respect to Revolving Loans and Term Loans.

“Foreign Benefit Event”

means, with respect to any Foreign Pension Plan, (a) the failure to make or, if applicable, accrue in accordance with normal accounting

practices, any employer or employee contributions under Requirements of Law or by the terms of such Foreign Pension Plan; (b) the

failure to register or loss of good standing with applicable regulatory authorities of any such Foreign Pension Plan required to be registered;

(c) the failure of any Foreign Pension Plan to comply with any material Requirements of Law or with the material terms of such Foreign

Pension Plan; or (d) the receipt of a notice by a Governmental Authority relating to the intention to terminate any such Foreign

Pension Plan or to appoint a trustee or similar official to administer any such Foreign Pension Plan, or alleging the insolvency of any

such Foreign Pension Plan, in each case, which would reasonably be expected to result in the Borrower or any Restricted Subsidiary becoming

subject to a material funding or contribution obligation with respect to such Foreign Pension Plan.

“Foreign Lender”

means a Lender that is not a U.S. Person for U.S. federal income tax purposes.

“Foreign Pension Plan”

means any plan, trust, insurance contract, fund (including, without limitation, any superannuation fund) or other similar program established

or maintained by the Borrower or any one or more of its Restricted Subsidiaries primarily for the benefit of employees or other service

providers of the Borrower or such Restricted Subsidiaries, as applicable, which plan, fund or other similar program provides, or results

in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and

which plan is not subject to ERISA or the Code.

“Foreign Prepayment Event” has the meaning

assigned to such term in Section 2.11(e).

“Foreign Subsidiary” means each Subsidiary

that is not a U.S. Subsidiary.

“Foreign Subsidiary

Holding Company” means any Subsidiary that owns (directly or indirectly) no material assets other than capital stock (including

any debt instrument treated as equity for U.S. federal income tax purposes) of one or more CFCs or other Foreign Subsidiary Holding Companies.

For the avoidance of doubt, Athens Canada Materials NewCo ULC and Athens Canada Advanced Materials TC ULC are Foreign Subsidiary Holding

Companies.

“Form 10”

means the registration statement on Form 10 originally filed by the Borrower with the SEC on August 10, 2025 and as may be further

amended after the date thereof pursuant to the terms hereof.

“GAAP” means

generally accepted accounting principles in the United States of America, as in effect from time to time (unless the Borrower elects to

change to IFRS pursuant to Section 1.07, upon the effective date of which GAAP shall subsequently refer to IFRS); provided,

however, that if the Borrower notifies the Administrative Agent that the Borrower requests an amendment to any provision hereof to eliminate

the effect of any change occurring after the Effective Date in GAAP or in the application thereof on the operation of such provision (or

if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose),

regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision

shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such

notice shall have been withdrawn or such provision amended in accordance herewith.

“Global Intercompany

Note” means the global intercompany note substantially in the form of Exhibit F pursuant to which intercompany obligations

and advances owed by any Loan Party are subordinated to the Obligations.

“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 (including any supranational bodies exercising

such powers or functions, such as the European Union or the European Central Bank).

“Guarantee”

of or by any Person (the “guarantor”) means any obligation, contingent or otherwise, of the guarantor guaranteeing

or having the economic effect of guaranteeing any Indebtedness or other monetary obligation payable by another Person (the “primary

obligor”) in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect,

(a) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation or to purchase

(or to advance or supply funds for the purchase of) any security for the payment thereof, (b) to purchase or lease property, securities

or services for the purpose of assuring the owner of such Indebtedness or other obligation of the payment thereof, (c) to maintain

working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary

obligor to pay such Indebtedness or other obligation or (d) as an account party in respect of any letter of credit or letter of guaranty

issued to support such Indebtedness or other obligation; provided that the term “Guarantee” shall not include endorsements

for collection or deposit in the ordinary course of business. The amount, as of any date of determination, of any Guarantee shall be the

principal amount outstanding on such date of the Indebtedness or other obligation guaranteed thereby (or, in the case of (i) any

Guarantee the terms of which limit the monetary exposure of the guarantor or (ii) any Guarantee of an obligation that does not have

a principal amount, the maximum monetary exposure as of such date of the guarantor under such Guarantee (as determined, in the case of

clause (i), pursuant to such terms or, in the case of clause (ii), reasonably and in good faith by a Financial Officer of the Borrower)).

The term “Guarantee” used as a verb has a corresponding meaning.

“Guarantee Agreement” means the

Guarantee Agreement dated as of October 29, 2025 by and among the Administrative Agent and the Loan Parties from time to time party

thereto, substantially in the form of Exhibit E, as may be amended, restated, amended and restated, supplemented or modified from

time to time.

“Hazardous Materials”

means all explosive, radioactive, hazardous or toxic substances, materials, wastes or other pollutants, including petroleum or petroleum

by-products or distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, per- and polyfluoroalkyl substances,

radon gas, chlorofluorocarbons and other ozone-depleting substances or toxic mold, or any or materials or substances which are defined

or regulated as “toxic,” or “hazardous,” or words of similar import, pursuant to any Environmental Law.

“Hedging Agreement”

means any agreement with respect to any swap, forward, future or derivative transaction, or any option or similar agreement, involving,

or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial

or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of the foregoing

transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current

or former directors, officers, employees or consultants of any member of the Restricted Group shall be a Hedging Agreement.

“Honeywell” means Honeywell International

Inc., a Delaware corporation.

“IFRS” means

international financial reporting standards and interpretations issued by the International Accounting Standards Board or any successor

thereto (or the Financial Accounting Standards Board, the Accounting Principles Board of the American Institute of Certified Public Accountants

or any successor to either such Board, or the SEC, as the case may be), as in effect from time to time.

“Incremental Extensions of Credit” has

the meaning assigned to such term in Section 2.21(a).

“Incremental Facility Amendment” has the

meaning assigned to such term in Section 2.21(c).

“Incremental Facilities” has the meaning

assigned to such term in Section 2.21(a).

“Incremental Revolving Commitment” has

the meaning assigned to such term in Section 2.21(a).

“Incremental Revolving Loans” has the meaning

assigned to such term in Section 2.21(a).

“Incremental Term Loans” has the meaning

assigned to such term in Section 2.21(a).

“Indebtedness”

of any Person means, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of

such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person under conditional

sale or other title retention agreements relating to property acquired by such Person, (d) all obligations of such Person in

respect of the deferred purchase price of property or services (excluding (x) trade accounts payable and other accrued or cash

management obligations, in each case incurred in the ordinary course of business, (y) any earn-out obligation until after

becoming due and payable and shown as a liability on the balance sheet of such Person in accordance with GAAP and (z) Taxes and

other accrued expenses), (e) all Indebtedness of others secured by (or

for which the holder of such

Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property owned or acquired by such Person,

whether or not the Indebtedness secured thereby has been assumed by such Person, (f) all Guarantees by such Person of Indebtedness

of others, (g) all Capital Lease Obligations of such Person, (h) all obligations, contingent or otherwise, of such Person as

an account party in respect of letters of credit and letters of guaranty, (i) all obligations, contingent or otherwise, of such

Person in respect of bankers’ acceptances, (j) net obligations of such Person under any Hedging Agreement and (k) all

Disqualified Equity Interests in such Person, valued, as of the date of determination, at the greater of (i) the maximum aggregate

amount that would be payable upon maturity, redemption, repayment or repurchase thereof (or of Disqualified Equity Interests or Indebtedness

into which such Disqualified Equity Interests are convertible or exchangeable) and (ii) the maximum liquidation preference of such

Disqualified Equity Interests; provided that the term “Indebtedness” shall not include (A) deferred or prepaid

revenue, (B) purchase price holdbacks in respect of a portion of the purchase price of an asset to satisfy warranty, indemnity or

other unperformed obligations of the seller, (C) any obligations attributable to the exercise of appraisal rights and the settlement

of any claims or actions (whether actual, contingent or potential) with respect thereto, (D) obligations in respect of any residual

value guarantees on equipment leases, (E) any take-or-pay or similar obligation to the extent such obligation is not shown as a

liability on the balance sheet of such Person in accordance with GAAP and,

(F) asset retirement obligations and obligations in respect of reclamation and workers’ compensation (including pensions and

retiree medical care) or

(G) the Eclipse Acquisition Permanent Financing solely to the extent, and only for so long as, the proceeds thereof are segregated

and held in escrow pending their application to finance the Eclipse Transactions. The amount of Indebtedness of any Person

for purposes of clause (e) above shall (unless such Indebtedness has been assumed by such Person or such Person has otherwise become

liable for the payment thereof) be deemed to be equal to the lesser of (i) the aggregate unpaid amount of such Indebtedness and

(ii) the fair market value of the property encumbered thereby as determined by such Person in good faith. For the avoidance of doubt,

indemnification obligations under the Tax Matters Agreement, in each case, shall not constitute Indebtedness.

“Indemnified Taxes”

means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of

any Loan Party under this Agreement or any other Loan Document and (b) to the extent not otherwise described in clause (a) of

this definition, Other Taxes.

“Indemnitee” has the meaning assigned to

such term in Section 9.03(b).

“Inside Maturity Exception” means

any Incremental Extensions of Credit that is designated by the Borrower as being incurred in reliance on this Inside Maturity Exception

and is in an aggregate principal amount outstanding that does not exceed an amount equal to 50% of LTM Consolidated EBITDA.

“Intellectual Property” has the meaning

assigned to such term in the Collateral Agreement.

“Intellectual Property

Cross-License Agreement” means the Intellectual Property Cross-License Agreement, dated as of October 30, 2025, by and

between Honeywell and the Borrower.

“Interest

Election Request” means a request by the Borrower to convert or continue a Revolving Borrowing or Term B Borrowing in

accordance with Section 2.07, which

shall be in a form approved

by the Administrative Agent and otherwise consistent with the requirements of Section 2.07.

“Interest Payment Date”

means (a) with respect to any ABR Loan, the last day of each March, June, September and December and (b) with respect

to any Term Benchmark Loan, the last day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case

of a Term Benchmark Borrowing with an Interest Period of more than three months’ duration, each day prior to the last day of such

Interest Period that occurs at intervals of three months’ duration after the first day of such Interest Period.

“Interest Period”

means, with respect to any Term Benchmark Borrowing, the period commencing on the date of such Borrowing and ending on the numerically

corresponding day in the calendar month that is one, three or six months thereafter, as the Borrower may elect; provided that (a) if

any Interest Period would end on a day other than a Business Day, such Interest Period shall be extended to the next succeeding Business

Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the

next preceding Business Day and (b) any Interest Period that commences on the last Business Day of a calendar month (or on a day

for which there is no numerically corresponding day in the last calendar month of such Interest Period) shall end on the last Business

Day of the last calendar month of such Interest Period. For purposes hereof, the date of a Borrowing initially shall be the date on which

such Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such Borrowing.

“Investment Company Act” means

the United States Investment Company Act of 1940, as amended from time to time.

“Investments”

means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means of (a) the purchase or

other acquisition of Equity Interests or debt or other securities of another Person, (b) a loan, advance or capital contribution

to, Guarantee or assumption of Indebtedness of, or purchase or other acquisition of any other debt or equity participation or interest

in, another Person, including any partnership or joint venture interest in such other Person or (c) the purchase or other acquisition

(in one transaction or a series of transactions) of all or substantially all of the property and assets or business of another Person

or assets constituting a business unit, line of business or division of such Person. The amount, as of any date of determination, of

(a) any Investment in the form of a loan or an advance shall be the principal amount thereof outstanding on such date, minus any

cash payments actually received by such investor representing interest in respect of such Investment (to the extent any such payment

to be deducted does not exceed the remaining principal amount of such Investment and without duplication of amounts increasing the Available

Amount), but without any adjustment for write-downs or write-offs (including as a result of forgiveness of any portion thereof) with

respect to such loan or advance after the date thereof, (b) any Investment in the form of a Guarantee shall be equal to the stated

or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated

or determinable, the maximum reasonably anticipated liability in respect thereof, as determined in good faith by a financial officer,

(c) any Investment in the form of a transfer of Equity Interests or other non-cash property by the investor to the investee, including

any such transfer in the form of a capital contribution, shall be the fair market value (as determined in good faith by a Financial Officer)

of such Equity Interests or other property as of the time of the transfer, minus any payments actually received by such investor representing

a return of capital of, or dividends or other distributions in respect of, such Investment (to the extent such payments do not exceed,

in the aggregate, the original amount of such Investment and without duplication

of amounts increasing the Available

Amount), but without any other adjustment for increases or decreases in value of, or write-ups, write-downs or write-offs with

respect to, such Investment after the date of such Investment, and (d) any Investment (other than any Investment referred to in

clause (a), (b) or (c) above) by the specified Person in the form of a purchase or other acquisition for value of any

Equity Interests, evidences of Indebtedness or other securities of any other Person shall be the original cost of such Investment

(including any Indebtedness assumed in connection therewith), plus (i) the cost of all additions thereto and minus

(ii) the amount of any portion of such Investment that has been repaid to the investor in cash as a repayment of principal or a

return of capital, and of any cash payments actually received by such investor representing interest, dividends or other

distributions in respect of such Investment (to the extent the amounts referred to in clause (ii) do not, in the aggregate,

exceed the original cost of such Investment plus the costs of additions thereto and without duplication of amounts increasing the

Available Amount), but without any other adjustment for increases or decreases in value of, or write-ups, write-downs or write-offs

with respect to, such Investment after the date of such Investment. If an Investment involves the acquisition of more than one

Person, the amount of such Investment shall be allocated among the acquired Persons in accordance with GAAP; provided that

pending the final determination of the amounts to be so allocated in accordance with GAAP, such allocation shall be as reasonably

determined by a Financial Officer.

“IRS” means the United States Internal Revenue

Service.

“ISP” means, with respect to any

Letter of Credit, the “International Standby Practices 1998” published by the Institute of International Banking Law &

Practice, Inc. (or such later version thereof as may be in effect at the time of issuance).

“Issuing Banks”

means (a) JPMCB, (b) Goldman Sachs Bank USA, (c) Bank of America, N.A., (d) Barclays Bank PLC, (e) Citibank,

N.A., (f) Deutsche Bank AG New York Branch, (g) Morgan Stanley Bank, N.A., (h) MUFG Bank, Ltd., (i) Royal Bank

of Canada, (j) Wells Fargo Bank, National Association, (k) Banco Bilbao Vizcaya Argentaria, S.A. New York Branch, (l) BNP

Paribas, (m) HSBC Bank USA, National Association, (n) Sumitomo Mitsui Banking Corporation, (o) Société Générale,

(p) The Toronto-Dominion Bank, New York Branch and (q) UniCredit Bank GmbH, New York Branch and each Revolving Lender that shall

have become an Issuing Bank hereunder as provided in Section 2.05(j) (other than any Person that shall have ceased to be an

Issuing Bank as provided in Section 2.05(k)) , each in its capacity as an issuer of Letters of Credit hereunder. Each Issuing Bank

may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of such Issuing Bank, in which case the term

“Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

“JPMCB” means JPMorgan Chase Bank, N.A.

“Judgment Currency” has the meaning assigned

to such term in Section 9.19.

“Latest Maturity Date”

means, at any time, the latest of the Maturity Dates in respect of the Classes of Loans and Commitments that are outstanding at such time.

“LC

Commitment” means, as to each Issuing Bank, the amount set forth opposite such Issuing Bank’s name on Schedule 2.01

under the caption “LC Sublimit” (as such amount may be increased from time to time as agreed by the Borrower and the

applicable Issuing Bank) or, if a Issuing Bank has entered into an Assignment and Assumption with respect to such LC

Commitment, set

forth for such Issuing Bank in the Register as the Issuing Bank’s “LC Commitment.”

“LC Disbursement” means a payment made

by an Issuing Bank pursuant to a Letter of Credit.

“LC Exposure” means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time and

(b) the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such

time. The LC Exposure of any Revolving Lender at any time shall be such Lender’s Applicable Percentage of the aggregate LC

Exposure at such time.

“LC Sublimit” means an amount equal to $500,000,000.

“LCT Election”

means the Borrower’s election to test the permissibility of a Limited Condition Transaction in accordance with the methodology set

forth in Section 1.06.

“LCT Test Date” has the meaning specified

in Section 1.06.

“Lender Presentation”

means that certain lender presentation delivered by the Borrower to the Administrative Agent on September 14, 2025.

“Lender-Related Person” has the meaning

specified in Section 9.03(d).

“Lenders”

means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment

and Assumption, an Incremental Facility Amendment or a Refinancing Facility Agreement, other than any such Person that shall have ceased

to be a party hereto pursuant to an Assignment and Assumption.

“Letters of Credit”

means any letter of credit (or with respect to any Issuing Bank, any bank guarantee (or similar instrument) as such Issuing Bank may in

its sole discretion approve) denominated in dollars or in a Permitted Foreign Currency issued pursuant to this Agreement by an Issuing

Bank under the Revolving Commitments, other than any such letter of credit that shall have ceased to be a “Letter of Credit”

outstanding hereunder pursuant to Section 9.05.

“Lien” means,

with respect to any asset, (a) any mortgage, lien, pledge, hypothecation, charge, security interest or other encumbrance in, on or

of such asset or (b) the interest of a vendor or a lessor under any conditional sale agreement or title retention agreement (or any

capital lease or financing lease having substantially the same economic effect as any of the foregoing) relating to such asset; provided

that in no event shall an operating lease be deemed to constitute a Lien.

“Limited

Condition Transaction” means (i) any acquisition of any assets, business or person, or a merger or consolidation, in

each case involving third parties, or similar Investment permitted hereunder (subject to Section 1.06) by the Borrower or one

or more of the Restricted Subsidiaries, including by way of merger or amalgamation, whose consummation is not conditioned on the

availability of, or on obtaining, third party financing (or, if such condition does exist, the Borrower or any Restricted

Subsidiary, as applicable, would be required to pay any fee, liquidated damages or other amount or be subject to any indemnity,

claim or other liability as a result of such third party financing not having been available or obtained) or (ii) any

redemption, repurchase, defeasance, satisfaction and discharge or repayment of Indebtedness requiring irrevocable notice in advance

of such redemption, repurchase, defeasance, satisfaction and discharge or repayment.

“Loan Document Obligations”

means (a) the due and punctual payment by the Borrower of (i) the principal of and interest (including interest accruing during

the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such

proceeding) on the Loans, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise,

(ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including

payments in respect of reimbursement of disbursements, interest thereon and obligations to provide cash collateral and (iii) all

other monetary obligations of the Borrower under this Agreement and each of the other Loan Documents, including obligations to pay fees,

expense reimbursement obligations (including with respect to attorneys’ fees) and indemnification obligations, whether primary,

secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency,

receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and (b) the due and punctual

payment of all the obligations of each other Loan Party under or pursuant to each of the Loan Documents (including monetary obligations

incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or

allowable in such proceeding).

“Loan Documents”

means this Agreement, any Incremental Facility Amendment, any Refinancing Facility Agreement, any Security Document, any agreement designating

an additional Issuing Bank as contemplated by Section 2.05(j) and, except for purposes of Section 9.02, the Global Intercompany

Note and any promissory notes delivered pursuant to Section 2.09(d) (and, in each case, any amendment, restatement, waiver,

supplement or other modification to any of the foregoing) and any document designated as a Loan Document by the Administrative Agent

and the Borrower.

“Loan Parties”

means, collectively, the Borrower and each other Subsidiary that guarantees any Obligations or is a party to any Security Document (each

such Subsidiary, a “Subsidiary Guarantor”).

“Loans” means

the loans made by the Lenders to the Borrower pursuant to this Agreement, including pursuant to any Incremental Facility Amendment or

any Refinancing Facility Agreement.

“Local Time” means with respect to any

Loan or Borrowing, New York City time.

“Long-Term Indebtedness”

means any Indebtedness (excluding Indebtedness permitted by Section 6.01(a)(iv)) that, in accordance with GAAP, constitutes (or,

when incurred, constituted) a long-term liability.

“LTM Consolidated EBITDA”

means, as of any date of determination, the Consolidated EBITDA of the Borrower for the most recent period of four consecutive fiscal

quarters of the Borrower ended on or prior to such time (taken as one accounting period) in respect of which financial statements for

each fiscal quarter or fiscal year in such period have been delivered pursuant to Section 5.01(a) or Section 5.01(b).

“Majority in Interest”,

when used in reference to Lenders of any Class, means, at any time, (a) in the case of the Revolving Lenders, Lenders having Revolving

Exposures and unused Revolving Commitments representing more than 50% of the sum of the Aggregate Revolving Exposure and the unused Aggregate

Revolving Commitment at such time and (b) in the case of the Term Lenders of any Class, Lenders holding outstanding Term Loans of

such Class representing more than 50% of the aggregate principal amount of all Term Loans of such Class outstanding at such

time; provided that whenever there are one or more Defaulting Lenders, the total outstanding Term Loans and Revolving Exposures

of, and the unused Commitments of, each Defaulting Lender of any Class shall be excluded for purposes of making a determination of

Majority in Interest.

“Market Capitalization”

means an amount equal to (a) the sum of (i) the total number of issued and outstanding shares of common stock of Solstice Advanced

Materials Inc. on the date of the declaration of a Restricted Payment permitted pursuant to clause (a)(vi) of Section 6.08

multiplied by (ii) the arithmetic mean of the closing prices per share of such shares on the principal securities exchange on

which such shares are traded for the 30 consecutive trading days immediately preceding the date of declaration of such Restricted Payment.

“Material Acquisition”

means shall mean any acquisition or acquisitions of (a) equity interests in any Person if, after giving effect thereto, such Person

will become a Subsidiary or (b) assets comprising all or substantially all the assets of (or all or substantially all the assets

constituting a business unit, division, product line, line of business, and/or some combination of the foregoing, of) any Person; provided

that the aggregate consideration therefor (including Indebtedness assumed in connection therewith, all obligations in respect of the deferred

purchase price therefor (including obligations under any purchase price adjustment but excluding earn-out or similar payments) and all

other consideration payable in connection with such acquisition or series of related transactions (including payment obligations in respect

of noncompetition agreements or other arrangements representing acquisition consideration)) equals or exceeds $250,000,000, which aggregate

consideration may be calculated, at the Borrower’s election, as the aggregate consideration of up to three (3) unrelated acquisitions

or unrelated series of related acquisitions which occurred during the last six months immediately preceding the Material Acquisition Step-Up

Period; provided, further, that, for the avoidance of doubt, any series of related acquisitions shall only count as one

(1) acquisition for the purposes of this definition.

“Material Acquisition Step-Up Period” has

the meaning specified in Section 6.13.

“Material Adverse Effect”

means a material adverse effect on (a) the business, financial condition or results of operations of the Borrower and the Restricted

Subsidiaries, taken as a whole, (b) the ability of the Loan Parties (taken as a whole) to perform their material obligations to the

Lenders or the Administrative Agent under this Agreement or any other Loan Document or (c) the material rights of, or remedies available

to, the Administrative Agent or the Lenders under this Agreement or any other Loan Document.

“Material

Indebtedness” means Indebtedness (other than the Loans, the Letters of Credit and the Guarantees under the Loan

Documents), or obligations in respect of one or more Hedging Agreements, of any one or more of the Borrower and the Restricted

Subsidiaries in an aggregate principal amount exceeding $75,000,000. For purposes of determining Material Indebtedness, (i) the

“principal amount” of the obligations of the Borrower or any Restricted Subsidiary in respect of any Hedging Agreement

at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that the Borrower or such Restricted

Subsidiary

would be required to pay if such Hedging Agreement were terminated at such time and (ii) the “principal

amount” of the obligations of the Borrower or any Restricted Subsidiary in respect of any Additional Letter of Credit Facility

at any time shall be the greater of (x) the commitments under such facility to issue letters of credit and (y) the

outstanding face amount of letters of credit issued under such facility.

“Material Intellectual

Property” means any Intellectual Property that is material to the operation of the business of the Borrower and its Restricted

Subsidiaries, taken as a whole.

“Material Real Property”

means any fee-owned real property located in the United States (i) specified in Schedule 1.02 or (ii) with

a Fair Market Value of more than $50,000,000 that is acquired after the Effective Date by any Loan Party or owned by a Subsidiary that

becomes a Loan Party pursuant to Section 5.12.

“Material Subsidiary”

means each Restricted Subsidiary (a) the Consolidated Total Assets of which equal 5.0% or more of the Consolidated Total Assets of

the Borrower and the Restricted Subsidiaries or (b) the consolidated revenues of which equal 5.0% or more of the consolidated revenues

of the Borrower and the Restricted Subsidiaries, in each case as of the end of or for the most recent period of four consecutive fiscal

quarters of the Borrower for which financial statements have been delivered pursuant to Section 5.01(a) or 5.01(b) (or,

prior to the first delivery of any such financial statements, as of the end of or for the period of four consecutive fiscal quarters of

the Borrower most recently ended prior to the date of this Agreement); provided that if, at the end of or for any such most recent

period of four consecutive fiscal quarters, the combined Consolidated Total Assets or combined consolidated revenues of all Restricted

Subsidiaries that under clauses (a) and (b) above would not constitute Material Subsidiaries shall have exceeded 10% of the

Consolidated Total Assets of the Borrower and the Restricted Subsidiaries or 10% of the consolidated revenues of the Borrower and the

Restricted Subsidiaries, respectively, then one or more of such excluded Restricted Subsidiaries shall for all purposes of this Agreement

be designated by the Borrower to be Material Subsidiaries, until such excess shall have been eliminated.

“Maturity Date”

means the Revolving Maturity Date, the Term B Maturity Date or the maturity date with respect to any Class of Incremental Term Loans,

as the context requires (or if such date is not a Business Day, the immediately preceding Business Day).

“Maturity Date Extension

Request” means a request by the Borrower, substantially in the form of Exhibit I hereto or such other form as shall

be approved by the Administrative Agent, for the extension of the applicable Maturity Date pursuant to Section 2.22.

“Maximum Rate” has the meaning assigned

to such term in Section 9.13.

“Metropolis Property” means the

property located at 2768 US Hwy 45, North Metropolis, Illinois, 62960.

“MFN Provision” has the meaning assigned

to such term in Section 2.21.

“MNPI”

means material information concerning the Borrower, any Subsidiary or any Affiliate of any of the foregoing or their respective

securities that has not been disseminated in a manner making it available to investors generally, within the meaning of Regulation

FD under the Securities Act and the Exchange Act. For purposes of this definition, “material information” means

information concerning the Borrower, the Subsidiaries or any Affiliate of

any of the foregoing or any of their respective securities

that could reasonably be expected to be material for purposes of the United States Federal and State securities laws and, where

applicable, foreign securities laws.

“Moody’s”

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

“Mortgage”

means a mortgage, deed of trust or other security document granting a Lien on any Mortgaged Property owned by Loan Party to secure the

Obligations. Each Mortgage shall be reasonably satisfactory in form and substance to the Administrative Agent.

“Mortgaged Property”

means, initially, each parcel of Material Real Property existing on the Effective Date, if any, and identified on Schedule 1.02

and thereafter, each parcel of Material Real Property with respect to which a Mortgage is required to be granted pursuant to Section 5.12

or 5.13, as applicable; provided that no Mortgages with respect to any Mortgaged Property may be released other than as expressly

permitted by Section 9.14, notwithstanding if such Mortgaged Property becomes Excluded Property by reason of decrease of its

fair market value below $50,000,000.

“Multiemployer Plan”

means a “multiemployer plan”, as defined in Section 4001(a)(3) of ERISA, and in respect of which the Borrower or

any of its ERISA Affiliates makes or is obligated to make contributions or with respect to which any of them has any ongoing obligation

or liability, contingent or otherwise.

“Net

Proceeds” means, with respect to any event, (a) the cash proceeds received in respect of such event, including

(i) any cash received in respect of any non-cash proceeds (including any cash payments received by way of deferred payment of

principal pursuant to a note or installment receivable or purchase price adjustment or earnout, but excluding any interest

payments), but only as and when received, (ii) in the case of a casualty, insurance proceeds and (iii) in the case of a

condemnation or similar event, condemnation awards and similar payments, minus (b) the sum, without duplication, of

(i) all fees and out-of-pocket expenses paid in connection with such event by the Restricted Group (including attorney’s

fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes,

deed or mortgage recording taxes, underwriting discounts and commissions, other customary expenses and brokerage, consultant,

accountant and other customary fees), (ii) in the case of a sale, transfer, lease or other disposition of an asset (including

pursuant to a sale and leaseback transaction or a casualty or a condemnation or similar proceeding), (x) the amount of all

payments that are permitted hereunder and are made by the Restricted Group as a result of such event to repay Indebtedness (other

than the Loans) secured by such asset or otherwise subject to mandatory prepayment as a result of such event, (y) the pro rata

portion of net cash proceeds thereof attributable to minority interests and not available for distribution to or for the account of

the Borrower and the Restricted Subsidiaries as a result thereof and (z) the amount of any liabilities directly associated with

such asset and retained by the Borrower or any Restricted Subsidiary and including pension and other post-employment benefit

liabilities and liabilities related to environmental matters, and (iii) the amount of all taxes paid (or reasonably estimated

to be payable), and the amount of any reserves established in accordance with GAAP to fund purchase price adjustment,

indemnification and other liabilities (other than any earnout obligations, but including pension and other post-employment benefit

liabilities and liabilities related to environmental matters) reasonably estimated to be payable, as a result of the occurrence of

such event (including, without duplication of the foregoing, the amount of any distributions in respect thereof pursuant to

Section 6.08(a)(xiii)) (as determined reasonably and

in good faith by a Financial Officer of the Borrower). For purposes of

this definition, in the event any contingent liability reserve established with respect to any event as described in clause

(b)(iii) above shall be reduced, the amount of such reduction shall, except to the extent such reduction is made as a result of

a payment having been made in respect of the contingent liabilities with respect to which such reserve has been established, be

deemed to be receipt, on the date of such reduction, of cash proceeds in respect of such event.

“Net Working Capital”

means, at any date, (a) the consolidated current assets of the Restricted Group as of such date (excluding cash and Permitted Investments)

minus (b) the consolidated current liabilities of the Restricted Group as of such date (excluding current liabilities in respect

of Indebtedness). Net Working Capital at any date may be a positive or negative number. Net Working Capital increases when it becomes

more positive or less negative and decreases when it becomes less positive or more negative.

“Non-Consenting Lender” means a Lender

whose consent to a Proposed Change is not obtained.

“Non-Guarantor Debt

Basket” means a shared basket in an amount not to exceed the greater of (x) $500,000,000 and (y) 50% of LTM Consolidated

EBITDA at any time outstanding that may be used for (A) the incurrence of certain Indebtedness by Restricted Subsidiaries that are

not Loan Parties under Sections 6.01(a)(xii), 6.01(a)(xix) and 6.01(a)(xx) and (B) Secured Cash Management Obligations

of any Restricted Subsidiary that is not a Loan Party.

“Non-Guarantor Investment

Basket” means a shared basket in an amount not to exceed the greater of (x) $500,000,000 and (y) 50% of LTM Consolidated

EBITDA at any time outstanding that may be used for (A) certain Investments permitted under Sections 6.04(b), 6.04(e), 6.04(f), 6.04(g) and

6.04(r) and (B) certain Guarantees permitted under Section 6.04(g) (without duplication of amounts previously included

or utilized under clause (A) above).

“NYFRB” means the Federal Reserve Bank of

New York.

“NYFRB Rate”

means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding

Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); provided that

if none of such rates are published for any day that is a Business Day, the term “NYFRB Rate” means the rate for a federal

funds transaction quoted at 11:00 a.m. on such day received by the Administrative Agent from a federal funds broker of recognized

standing selected by it; provided, further, that if any of the aforesaid rates as so determined be less than zero, such

rate shall be deemed to be zero for purposes of this Agreement.

“NYFRB’s Website”

means the website of the NYFRB at http://www.newyorkfed.org, or any successor source.

“Obligations”

means, collectively, (a) all the Loan Document Obligations of the Loan Parties, (b) all the Secured Cash Management

Obligations of the Loan Parties, (c) all the Secured Hedging Obligations of the Loan Parties, (d) all Secured Supply Chain

Financing Obligations and (e) all Secured Additional Letter of Credit Facility Obligations. For the avoidance of doubt,

Obligations shall not include any Excluded Swap Obligations. Notwithstanding the foregoing, the Secured Cash Management Obligations,

Secured Hedging Obligations, Secured Supply Chain Financing Obligations and Secured Additional Letter of

Credit Facility Obligations

shall be guaranteed and secured pursuant to the Loan Documents only to the extent and for so long as the Loan Document Obligations

are so secured and guaranteed.

“OFAC” means the Office of Foreign Assets

Control of the U.S. Department of the Treasury.

“Other Connection Tax”

means, with respect to any Recipient, a Tax imposed as a result of a present or former connection between such Recipient and the jurisdiction

imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations

under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced

this Agreement or any other Loan Document, or sold or assigned an interest in this Agreement or any other Loan Document).

“Other Taxes”

means all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes that arise from any payment made

under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest

under, or otherwise with respect to, this Agreement or any other Loan Document, except any such Taxes that are Other Connection Taxes

imposed with respect to an assignment (other than an assignment made pursuant to Section 2.19(b)).

“Overnight Bank Funding

Rate” means, for any day, the rate comprised of both overnight federal funds and overnight Term Benchmark borrowings by U.S.-managed

banking offices of depository institutions, as such composite rate shall be determined by the NYFRB as set forth on its public website

from time to time, and published on the next succeeding Business Day by the NYFRB as an overnight bank funding rate.

“Participant” has the meaning assigned to

such term in Section 9.04(c).

“Participant Register” has the meaning assigned

to such term in Section 9.04(c).

“PBGC” means

the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor entity performing similar functions.

“Perfection Certificate”

means a certificate in the form of Exhibit D or any other form approved by the Administrative Agent.

“Permitted Acquisition”

means, (x) the purchase or

other acquisition by the Borrower or a Restricted Subsidiary permitted under Section 6.04 (in one transaction or a series of related

transactions) of all or substantially all of the property and assets or business of any Person or of assets constituting a business unit,

a line of business or division of such Person, or the Equity Interests in a Person that, upon the consummation thereof, will be a Restricted

Subsidiary (or, in the case of a merger or consolidation, the surviving Person is the Borrower or a Restricted Subsidiary of the Borrower)

or, in the case of a purchase or acquisition of assets (other than Equity Interests), will be owned by the Borrower or a Restricted Subsidiary

of the Borrower; provided that, immediately before and immediately after giving pro forma effect to any such purchase or other

acquisition, no Event of Default shall have occurred and be continuing under Section 7.01 (a), (b), (h) or (i) and

(y) the Eclipse Acquisition.

“Permitted Encumbrances” means, with respect

to any Person:

(a) Liens imposed by law for

Taxes, assessments or governmental charges that (i) are not

yet overdue for a period of more than 30 days or not subject to penalties for nonpayment, (ii) are being contested in good

faith by appropriate proceedings if adequate reserves with respect thereto are maintained on the books of the applicable Person in

accordance with GAAP or (iii) are for property taxes on property such Person or one of its subsidiaries has determined to

abandon if the sole recourse for such tax, assessment, charge, levy or claim is to such property;

(b) Liens with respect to outstanding

motor vehicle fines and carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s,

landlords’, construction contractors’ and other like Liens imposed by law or landlord liens specifically created by

contract, arising in the ordinary course of business and securing obligations that are not overdue by more than 45 days or are being

contested in good faith by appropriate proceedings if adequate reserves with respect thereto are maintained on the books of the

applicable Person in accordance with GAAP or other Liens arising out of or securing judgments or awards against such Person with

respect to which such Person shall be proceeding with an appeal or other proceedings for review if adequate reserves with respect

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

made (i) in the ordinary course of business in compliance with workers’ compensation, unemployment insurance, health, disability

or employee benefits and other social security laws or similar legislation or regulations and (ii) in respect of letters of credit,

bank guarantees or similar instruments issued for the account of the Borrower or any subsidiary of the Borrower in the ordinary course

of business supporting obligations of the type set forth in clause (i) above;

(d) pledges and deposits

made (i)(x) to secure the performance of bids, tenders, trade contracts (other than for payment of Indebtedness), governmental contracts,

leases (other than Capital Lease Obligations), public or statutory obligations, surety, stay, customs and appeal bonds, performance bonds

and other obligations of a like nature (including those to secure health, safety and environmental obligations), in each case in the ordinary

course of business and (ii) in respect of letters of credit, bank guarantees or similar instruments issued for the account of the

Borrower or any subsidiary of the Borrower in the ordinary course of business supporting obligations of the type set forth in clause (i) above;

(e) judgment and attachment

liens in respect of judgments that do not constitute an Event of Default under clause (k) of Section 7.01 and notices of lis

pendens and associated rights related to litigation being contested in good faith by appropriate proceedings and for which adequate

reserves have been made;

(f) easements, survey

exceptions, charges, ground leases, protrusions, encroachments on use of real property or reservations of, or rights of others for,

licenses, servitudes, sewers, electric lines, drains, telegraph and telephone and cable television lines, gas and oil pipelines and

other similar purposes, any zoning, building or similar law or right reserved to or vested in any governmental office or agency to

control or regulate the use of any real property, servicing agreements, site plan agreements, developments agreements, contract

zoning agreements, subdivision agreements, facilities sharing agreements, cost sharing agreements and other agreements pertaining to

the use or development of any of the real property of the Borrower and the Restricted Subsidiaries, restrictions, rights-of-way and

similar encumbrances

(including, without limitation, minor defects or irregularities in title and similar encumbrance) on real

property imposed by law or arising in the ordinary course of business that do not individually or in the aggregate materially

interfere with the ordinary conduct of business of the Borrower or any Subsidiary, or which are set forth in the title insurance

policy delivered with respect to the Mortgaged Property and are “insured over” in such insurance policy;

(g) leases, subleases,

licenses, sublicenses, occupancy agreements or assignments of or in respect of real or personal property;

(h) banker’s liens,

rights of setoff or similar rights and remedies as to deposit accounts or other funds maintained with depository institutions and securities

accounts and other financial assets maintained with a securities intermediary; provided that such deposit accounts or funds and

securities accounts or other financial assets are not established or deposited for the purpose of providing collateral for any Indebtedness;

(i) Liens arising by virtue

of Uniform Commercial Code financing statement filings (or similar filings under applicable law) regarding operating leases, accounts

or consignments entered into by the Borrower and the Restricted Subsidiaries or purported Liens evidenced by filings of precautionary

Uniform Commercial Code (or similar filings under applicable law) financing statements or similar public filings;

(j) Liens of a collecting

bank arising in the ordinary course of business under Section 4-208 (or the applicable corresponding section) of the Uniform Commercial

Code in effect in the relevant jurisdiction covering only the items being collected upon;

(k) (i) Liens representing

any interest or title of a licensor, lessor or sublicensor or sublessor, or a licensee, lessee or sublicensee or sublessee, in the property

or rights (other than Intellectual Property) subject to any lease, sublease, license or sublicense or concession agreement held by the

Borrower or any Restricted Subsidiary in the ordinary course of business and (ii) deposits of cash with the owner or lessor of premises

leased and operated by the Borrower or any of its Subsidiaries in the ordinary course of business of the Borrower and such Subsidiary

to secure the performance of the Borrower’s or such Subsidiary’s obligations under the terms of the lease for such premises;

(l) Liens in favor of customs

and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods;

(m) Liens that are contractual rights of set-off;

(n) Liens

(i) of a collection bank arising under Section 4-208 of the New York Uniform Commercial Code or Section 4-210 of the

Uniform Commercial Code applicable in other States on items in the course of collection, (ii) attaching to pooling accounts,

commodity trading accounts or other commodity brokerage accounts incurred in the ordinary course of business, or (iii) in favor

of a banking or other financial institutions or entities, or electronic payment service providers, arising as a matter of law or

under general terms and conditions encumbering deposits, deposit accounts, securities accounts, cash management arrangements

(including the right of set-off and netting arrangements) or other funds maintained with such institution or in connection with the

issuance of letters of credit, bank guarantees or other similar instruments and which are within the general parameters customary in

the banking or finance industry;

(o) Liens encumbering customary

initial deposits and margin deposits and similar Liens attaching to brokerage accounts incurred in the ordinary course of business and

not for speculative purposes;

(p) [reserved];

(q)

Liens on specific items of inventory or other goods and proceeds of any Person securing such Person’s accounts payable or

similar obligations in respect of bankers’ acceptances or letters of credit entered into in the ordinary course of business

issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or other

goods;

(r) deposits made or other

security provided in the ordinary course of business to secure liability to insurance brokers, carriers, underwriters or under self-insurance

arrangements in respect of such obligations;

(s) Liens on the Equity

Interests or other securities of Unrestricted Subsidiaries to the extent securing obligations of such Unrestricted Subsidiaries, which

obligations shall be non-recourse to the Restricted Group;

(t) Liens arising out of

conditional sale, title retention, consignment or similar arrangements for the sale of goods entered into in the ordinary course of business;

(u) Liens on accounts receivable

and related assets of the type specified in the definition of “Permitted Receivables Facility Assets” incurred and transferred

in connection with a Permitted Receivables Facility, including Liens on such receivables resulting from precautionary Uniform Commercial

Code (or equivalent statutes) filings or from recharacterization of any such sale as a financing or loan;

(v) non-exclusive licenses

or sublicenses of Intellectual Property granted in the ordinary course of business or other licenses or sublicenses of Intellectual Property

granted in the ordinary course of business that do not materially interfere with the business of the Borrower or any Restricted Subsidiary;

(w) Liens on insurance

policies and the proceeds thereof securing the financing of the premiums with respect thereto or on funds received from insurance companies

on account of third party claims handlers and managers;

(x) agreements to subordinate

any interest of the Borrower or any Restricted Subsidiary in any accounts receivable or other proceeds arising from consignment of inventory

by the Borrower or any Restricted Subsidiary pursuant to an agreement entered into in the ordinary course of business;

(y) with respect to any

entities that are not Loan Parties, other Liens and privileges arising mandatorily by law;

(z) Liens arising pursuant

to Section 107(l) of the Comprehensive Environmental Response, Compensation and Liability Act or similar lien provision of any

other environmental statute;

(aa) Liens on cash or Permitted

Investments securing Hedging Agreements in the ordinary course of business submitted for clearing in accordance with applicable Requirements

of Law;

(bb) rights of recapture of

unused real property (other than any Material Real Property of Loan Parties) in favor of the seller of such property set forth in customary

purchase agreements and related arrangements with any Governmental Authority;

(cc) Liens on the property of

(x) any Loan Party in favor of any other Loan Party and (y) any Restricted Subsidiary that is not a Loan Party in favor of the

Borrower or any Restricted Subsidiary;

(dd) Liens or security given

to public utilities or to any municipality or Governmental Authority when required by the utility, municipality or Governmental Authority

in connection with the supply of services or utilities to the Borrower and any other Restricted Subsidiaries; and

(ee) receipt of progress payments

and advances from customers in the ordinary course of business to the extent the same creates a Lien on the related inventory and proceeds

thereof.

provided that the term “Permitted

Encumbrances” shall not include any Lien securing Indebtedness, other than Liens referred to in clauses (c), (d), (s), (u) and

(cc) above.

“Permitted Foreign

Currency” means, (a) with respect to any Revolving Loan, any foreign currency reasonably requested by the applicable Borrower

from time to time and in which each Revolving Lender has agreed, in accordance with its policies and procedures in effect at such time,

to lend Revolving Loans and (b) with respect to any Letter of Credit, any foreign currency included in clause (a) that is reasonably

requested by the applicable Borrower from time to time and that has been agreed to by the applicable Issuing Bank.

“Permitted Foreign

Currency Equivalent” means, for any amount of any Permitted Foreign Currency, at the time of determination thereof, (a) if

such amount is expressed in such Permitted Foreign Currency, such amount and (b) if such amount is expressed in dollars, the equivalent

of such amount in such Permitted Foreign Currency determined by using the rate of exchange for the purchase of such Permitted Foreign

Currency with dollars last provided (either by publication or otherwise provided to the Administrative Agent) by the applicable Reuters

source on the Business Day (New York City time) immediately preceding the date of determination or if such service ceases to be available

or ceases to provide a rate of exchange for the purchase of such Permitted Foreign Currency with dollars, as provided by such other publicly

available information service which provides that rate of exchange at such time in place of Reuters chosen by the Administrative Agent

in its sole discretion (or if such service ceases to be available or ceases to provide such rate of exchange, the equivalent of such amount

in dollars as determined by the Administrative Agent using any method of determination it deems appropriate in its sole discretion).

“Permitted Investments” means:

(a) direct

obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by, (i) the United States

of America (or by any agency thereof to the extent such obligations are backed by the full faith and credit of the United States of

America),

(ii) England and Wales, (iii) Canada or (iv) Switzerland, in each case maturing within one year from the

date of acquisition thereof;

(b) investments in commercial

paper and variable and fixed rate notes maturing within 12 months from the date of acquisition thereof and having, at such date of acquisition,

a rating of at least A-2 by S&P or P-2 by Moody’s;

of deposit, banker’s acceptances and demand or time deposits, in each case maturing within 12 months from the date of acquisition

thereof, issued or guaranteed by or placed with, and money market deposit accounts issued or offered by, any domestic office of any commercial

bank organized under the laws of the United States of America or any State thereof that has a combined capital and surplus and undivided

profits of not less than $500,000,000;

(d) fully collateralized

repurchase agreements with a term of not more than 30 days for securities described in clause (a) above and entered into with a financial

institution satisfying the criteria described in clause (c) above;

(e) “money market

funds” that (i) comply with the criteria set forth in Rule 2a-7 of the Investment Company Act, (ii) are rated AAA-

by S&P and Aaa3 by Moody’s and (iii) have portfolio assets of at least $5,000,000,000;

(f) asset-backed securities

rated AAA by Moody’s or S&P, with weighted average lives of 12 months or less (measured to the next maturity date);

(g) readily marketable

direct obligations issued by any state, commonwealth or territory of the United States, England and Wales, Canada or Switzerland or any

political subdivision or taxing authority thereof having a rating equal to or higher than Baa3 (or the equivalent) by Moody’s or

BBB- (or the equivalent) by S&P, and in each such case with a “stable” or better outlook, with maturities of 24 months

or less from the date of acquisition;

(h) Investments with average

maturities of 24 months or less from the date of acquisition in money market funds rated “AAA” (or the equivalent thereof)

or better by S&P or “Aaa3” (or the equivalent thereof) or better by Moody’s (or reasonably equivalent ratings of

another internationally recognized rating agency);

(i) investment funds investing

at least 95% of their assets in securities of the types described in clauses (a) through (h) above;

(j) in the case of any

Non-U.S. Subsidiary, other short-term investments that are analogous to the foregoing, denominated in euros or any other foreign currency

in each case of comparable credit quality and are customarily used by companies in the jurisdiction of such Non-U.S. Subsidiary for cash

management purposes; and

(k) dollars, euros, Canadian

dollars, pounds sterling, Swiss francs, any Permitted Foreign Currency or any other readily tradable currency held by it from time to

time in the ordinary course of business of the Borrower or any of its Restricted Subsidiaries.

“Permitted

Receivables Facility” means one or more receivables facilities created under the Permitted Receivables Facility Documents

providing for (a) the factoring, sale or pledge by one or more of the Borrower or a Restricted Subsidiary (each a

“Receivables

Seller”) of Permitted

Receivables Facility Assets (thereby providing financing to the Receivables Sellers) to the Receivables Entity (either directly or through

another Receivables Seller), which in turn shall sell or pledge interests in the respective Permitted Receivables Facility Assets to

third-party lenders or investors pursuant to the Permitted Receivables Facility Documents (with the Receivables Entity permitted to issue

investor certificates, purchased interest certificates or other similar documentation evidencing interests in the Permitted Receivables

Facility Assets) in return for the cash used by the Receivables Entity to purchase the Permitted Receivables Facility Assets from the

respective Receivables Sellers or (b) the factoring, sale or pledge by one or more Receivables Sellers of Permitted Receivables

Facility Assets to third-party lenders or investors pursuant to the Permitted Receivables Facility Documents in connection with receivables-backed

financing programs, in each case as more fully set forth in the Permitted Receivables Facility Documents; provided that in each

case of clause (a) and clause (b), such facilities are not recourse to or obligates the Borrower or any Restricted Subsidiary in

any way other than pursuant to Standard Securitization Undertakings.

“Permitted Receivables

Facility Assets” means (i) accounts receivables (whether now existing or arising in the future) of Subsidiaries which

are transferred or pledged to the Receivables Entity pursuant to the Permitted Receivables Facility and any related Permitted Receivables

Facility Assets which are also so transferred or pledged to the Receivables Entity and all proceeds thereof and (ii) loans to Subsidiaries

secured by accounts receivables (whether now existing or arising in the future) of the Borrower and the Restricted Subsidiaries which

are made pursuant to the Permitted Receivables Facility.

“Permitted Receivables

Facility Documents” means each of the documents and agreements entered into in connection with the Permitted Receivables Facility,

including all documents and agreements relating to the issuance, funding and/or purchase of certificates and purchased interests, all

of which documents and agreements shall be in form and substance reasonably customary for transactions of this type.

“Permitted Second Priority

Refinancing Debt” shall mean any secured Indebtedness incurred by the Borrower in the form of one or more series of senior

secured notes or loans; provided that (i) such Indebtedness is secured by the Collateral on a second lien, subordinated basis

to the Obligations and is not secured by any property or assets of the Borrower or any Restricted Subsidiary other than the Collateral,

(ii) such Indebtedness constitutes Refinancing Term Loan Indebtedness in respect of Term Loans (including portions of Classes of

Term Loans), (iii) the security agreements relating to such Indebtedness are not materially more favorable (when taken as a whole)

to the lenders or holders providing such Indebtedness than the existing Security Documents are to the Lenders, (iv) such Indebtedness

is not guaranteed by any Restricted Subsidiaries other than the Loan Parties and (v) the holders of, or an agent, trustee or note

agent acting on behalf of the holders of, such Indebtedness shall have become party to an Acceptable Intercreditor Agreement.

“Permitted Unsecured

Refinancing Debt” shall mean unsecured Indebtedness incurred by the Borrower in the form of one or more series of senior or

subordinated unsecured notes or loans; provided that (i) such Indebtedness constitutes Refinancing Term Loan Indebtedness

in respect of Term Loans (including portions of Classes of Term Loans), (ii) such Indebtedness is not guaranteed by any Subsidiaries

other than the Loan Parties and (iii) such Indebtedness is not secured by any Lien or any property or assets of the Borrower or any

Restricted Subsidiary.

“Person” means any natural person,

corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity.

“Plan” means

any “employee pension benefit plan”, as defined in Section 3(2) of ERISA (other than a Multiemployer Plan), that

is subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which

the Borrower or any of its ERISA Affiliates is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to

be) an “employer” as defined in Section 3(5) of ERISA.

“Plan Asset Regulations”

means 29 CFR § 2510.3-101 et seq., as modified by Section 3(42) of ERISA, as amended from time to time.

“Planned Expenditures”

has the meaning assigned to such term in the definition of “Excess Cash Flow.”

“Platform” has the meaning assigned to such

term in Section 9.01(d).

“Prepayment Event” means:

(a) any non-ordinary course

sale, transfer, lease or other disposition (including pursuant to a sale and leaseback transaction and by way of merger or consolidation)

(for purposes of this defined term, collectively, “dispositions”) of any asset of any member of the Restricted Group,

other than (i) dispositions described in clauses (a) through (i) and (l) and (m) of Section 6.05 and (ii) other

dispositions resulting in aggregate Net Proceeds not exceeding $100,000,000 for all such dispositions during any fiscal year of the Borrower;

(b) any casualty or other

insured damage to, or any taking under power of eminent domain or by condemnation or similar proceeding of, any asset of any member of

the Restricted Group with a fair market value immediately prior to such event equal to or greater than $50,000,000; or

member of the Restricted Group of any Indebtedness, other than Indebtedness permitted to be incurred under Section 6.01.

“Prime Rate”

means the rate of interest last quoted by The Wall Street Journal as the “Prime Rate” in the U.S. or, if The Wall Street Journal

ceases to quote such rate, the highest per annum interest rate published by the Board of Governors in Federal Reserve Statistical Release

H.15 (519) (Selected Interest Rates) as the “bank prime loan” rate or, if such rate is no longer quoted therein, any similar

rate quoted therein (as determined by the Administrative Agent) or any similar release by the Board of Governors (as determined by the

Administrative Agent). Each change in the Prime Rate shall be effective from and including the date such change is publicly announced

or quoted as being effective.

“Private-Siders” has the meaning assigned

to such term in Section 9.17(b).

“Pro Forma

Basis” means, with respect to the calculation of the financial covenants contained in Sections 6.12 and 6.13 or any other

calculations hereunder or otherwise for purposes of determining the Consolidated Total Leverage Ratio, Consolidated Interest

Expense, the Consolidated Secured Leverage Ratio, the Consolidated First Lien Leverage Ratio or Consolidated EBITDA as of any date,

that such calculation shall give pro forma effect to all acquisitions, designations of Restricted Subsidiaries as Unrestricted

Subsidiaries, all designations

of Unrestricted Subsidiaries

as Restricted Subsidiaries, all issuances, incurrences or assumptions or repayments and prepayments of Indebtedness in connection therewith

(with any such Indebtedness being deemed to be amortized over the applicable testing period in accordance with its terms) and all sales,

transfers or other dispositions of any Equity Interests in a Restricted Subsidiary or all or substantially all assets of a Restricted

Subsidiary or division or line of business of a Restricted Subsidiary outside the ordinary course of business (and any related prepayments

or repayments of Indebtedness) that have occurred during (or, if such calculation is being made for the purpose of determining whether

any Incremental Extension of Credit may be made, any designation under Section 5.17 is permitted or any event subject to Article VI

is permitted, since the beginning of) the four consecutive fiscal quarter period of the Borrower most recently ended on or prior to such

date as if they occurred on the first day of such four consecutive fiscal quarter period, including (I) on and after the Effective

Date, solely for the purposes of the financial covenants contained in Sections 6.12 and 6.13 (including any other covenant or provision

hereunder, in each case, which requires compliance or pro forma compliance with the financial covenants contained in Sections 6.12 and/or

6.13) (such purposes, collectively, the “Financial Covenant Calculation Purposes”), expected cost savings, operating

expense reductions, and other synergies (excluding any revenue synergies) (in each case without duplication of amounts actually realized)

to the extent (a) such cost savings, operating expense reductions, and other synergies (excluding any revenue synergies) would be

permitted to be reflected in pro forma financial information complying with the requirements of Article 11 of Regulation S-X under

the Securities Act (as in effect prior to January 1, 2021) as interpreted by the Staff of the SEC, and as certified by a Financial

Officer of the Borrower or (b) in the case of an acquisition, restructuring, repositioning or other similar transaction, such cost

savings, operating expense reductions, and other synergies (excluding any revenue synergies) are factually supportable and have been

realized or are reasonably expected to be realized within 24 months following such acquisition, restructuring, repositioning or other

similar transaction; provided that (i) the Borrower shall have delivered to the Administrative Agent a certificate of the chief

financial officer of the Borrower certifying that such cost savings, operating expense reductions, and other synergies meet the requirements

set forth in this clause (I)(b), together with reasonably detailed evidence in support thereof and (ii) if any cost savings, operating

expense reductions, and other synergies included in any pro forma calculations based on the expectation that such cost savings, operating

expense reductions, and other synergies are reasonably expected to be realized within 24 months following such acquisition, restructuring,

repositioning or other similar transaction shall at any time cease to be reasonably expected to be so realized within such period, then

on and after such time pro forma calculations required to be made hereunder shall not reflect such cost savings, operating expense reductions,

and other synergies or (II) at any time (x) prior to the Effective Date or (y) on and after the Effective Date for any

purpose (other than for the Financial Covenant Calculation Purposes), in each case of the foregoing clauses (x) and (y), expected

cost savings (without duplication of actual cost savings) to the extent (a) such cost savings would be permitted to be reflected

in pro forma financial information complying with the requirements of Article 11 of Regulation S-X under the Securities Act (as

in effect prior to January 1, 2021) as interpreted by the Staff of the SEC, and as certified by a Financial Officer of the Borrower

or (b) in the case of an acquisition, restructuring, repositioning or other similar transaction, such cost savings are factually

supportable and have been realized or are reasonably expected to be realized within 365 days following such acquisition, restructuring,

repositioning or other similar transaction; provided that if any cost savings included in any pro forma calculations based on the expectation

that such cost savings will be realized within 365 days following such acquisition, restructuring, repositioning or other similar transaction

shall at any time cease to be reasonably expected to be so realized within such period, then on and after such time pro forma calculations

required to be made hereunder shall not reflect such cost savings; provided further that (i) the Borrower shall have delivered to

the Administrative Agent a

certificate of the chief financial officer of the Borrower certifying that such cost savings meet the requirements

set forth in clause (I)(b) or (II)(b), as applicable, together with reasonably detailed evidence in support thereof and (ii) the

aggregate amount of cost savings, operating expense reductions and other synergies to be included in any calculation based upon clauses

(I)(b) and (II)(b) for any period of four fiscal quarters of the Borrower shall not exceed, together with any amounts added

back pursuant to clauses (a)(xii) and (a)(xiii) of the definition of “Consolidated EBITDA” for such period, 20%

of Consolidated EBITDA for such four fiscal quarter period (in each case, determined prior to the adjustments contemplated by the Applicable

Adjustments). If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness

shall be calculated as if the rate in effect on the date of determination had been the applicable rate for the entire period (taking

into account any Hedging Agreement applicable to such Indebtedness).

“Pro Rata Share”

means, with respect to a Revolving Lender or Issuing Bank, a fraction (expressed as a percentage, carried out to the ninth decimal place),

the numerator of which is the Revolving Commitments of such Revolving Lender or Issuing Bank in its capacity as Revolving Lender and the

denominator of which is the aggregate Revolving Commitments of all Revolving Lenders.

“Proposed Change” means a proposed amendment, modification, waiver or termination of any provision of this Agreement or any other Loan Document.

“PTE” means

a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time.

“Public-Siders” has the meaning assigned

to such term in Section 9.17(b).

“Purchasing Borrower Party” means any of

the Borrower or any Restricted Subsidiary.

“QFC” has the meaning assigned

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

“QFC Credit Support” has the meaning assigned

to such term in Section 9.21.

“Qualified Equity Interests”

means Equity Interests of the Borrower, other than Disqualified Equity Interests.

“Receivables

Entity” means a wholly owned Subsidiary of the Borrower which engages in no activities other than in connection with the

financing of accounts receivable of the Receivables Sellers and which is designated (as provided below) as the “Receivables

Entity” (a) no portion of the Indebtedness or any other obligations (contingent or otherwise) of which (i) is

guaranteed by the Borrower or any Restricted Subsidiary (excluding guarantees of obligations (other than the principal of, and

interest on, Indebtedness)) pursuant to Standard Securitization Undertakings, (ii) is recourse to or obligates the

Borrower or any Restricted Subsidiary in any way (other than pursuant to Standard Securitization Undertakings) or

(iii) subjects any property or asset of the Borrower or any Restricted Subsidiary, directly or indirectly, contingently or

otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings, (b) with which neither the

Borrower nor any Restricted Subsidiary has any contract, agreement, arrangement or understanding (other than pursuant to the

Permitted Receivables Facility Documents (including with respect to fees payable in the ordinary course of

business in connection

with the servicing of accounts receivable and related assets)) on terms less favorable to the Borrower or such Restricted Subsidiary

than those that might be obtained at the time from persons that are not Affiliates of the Borrower, and (c) to which neither

the Borrower nor any Restricted Subsidiary has any obligation to maintain or preserve such entity’s financial condition or

cause such entity to achieve certain levels of operating results. Any such designation shall be evidenced to the Administrative

Agent by a certificate of a Financial Officer of the Borrower certifying that, to the best of such officer’s knowledge and

belief after consultation with counsel, such designation complied with the foregoing conditions.

“Receivables Seller”

has the meaning assigned to such term in the definition of “Permitted Receivables Facility”.

“Recipient”

means (a) the Administrative Agent, (b) any Lender and (c) any Issuing Bank, as applicable.

“Reference Rate”

means, for any day, the Adjusted Term SOFR Rate as of such day for a Term Benchmark Borrowing with an Interest Period of three months’

duration.

“Reference Time”

with respect to any setting of the then-current Benchmark means (1) if such Benchmark is the Term SOFR Rate, 5:00 a.m. (Chicago

time) on the day that is two U.S. Government Securities Business Days preceding the date of such setting, and (2) if such Benchmark

is not Term SOFR Rate, the time determined by the Administrative Agent in its reasonable discretion.

“Refinanced Debt”

has the meaning set forth in the definition of “Refinancing Term Loan Indebtedness”.

“Refinancing Effective Date” has the meaning

assigned to such term in Section 2.23(a).

“Refinancing Facility

Agreement” means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent,

among the Borrower, the Administrative Agent and one or more Refinancing Term Lenders, establishing commitments in respect of Refinancing

Term Loans and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.23.

“Refinancing Indebtedness”

means, in respect of any Indebtedness (the “Original Indebtedness”), any Indebtedness that extends, renews, replaces

or refinances such Original Indebtedness (or any Refinancing Indebtedness in respect thereof); provided that (a) the principal

amount (or accreted value, if applicable) of such Refinancing Indebtedness shall not exceed the principal amount (or accreted value,

if applicable) of such Original Indebtedness except by an amount no greater than accrued and unpaid interest with respect to such Original

Indebtedness and any fees, premium and expenses relating to such extension, renewal, replacement or refinancing; (b) either (i) the

stated final maturity of such Refinancing Indebtedness shall not be earlier than that of such Original Indebtedness or (ii) such

Refinancing Indebtedness shall not be required to mature or to be repaid, prepaid, redeemed, repurchased or defeased, whether on one

or more fixed dates, upon the occurrence of one or more events or at the option of any holder thereof (except, in each case, upon the

occurrence of an event of default, asset sale or a change in control or as and to the extent such repayment, prepayment, redemption,

repurchase or defeasance would have been required pursuant to the terms of such Original Indebtedness) prior to the date 91 days after

the Latest Maturity Date in effect on the date of such extension, renewal,

replacement or refinancing; provided that, notwithstanding the foregoing, scheduled amortization payments (however

denominated) of such Refinancing Indebtedness shall be permitted so long as the weighted average life to maturity of such

Refinancing Indebtedness shall be no shorter than the weighted average life to maturity of such Original Indebtedness remaining as

of the date of such extension, renewal or refinancing (or, if shorter, 91 days after the Latest Maturity Date in effect on the date

of such extension, renewal or refinancing); (c) such Refinancing Indebtedness shall not constitute an obligation (including

pursuant to a Guarantee) of the Borrower or any Subsidiary, in each case that shall not have been (or, in the case of after-acquired

Subsidiaries, shall not have been required to become pursuant to the terms of the Original Indebtedness) an obligor in respect of

such Original Indebtedness, and shall not constitute an obligation of the Borrower if the Borrower shall not have been an obligor in

respect of such Original Indebtedness; (d) if such Original Indebtedness shall have been subordinated to the Loan Document

Obligations, such Refinancing Indebtedness shall also be subordinated to the Loan Document Obligations on terms not less favorable

in any material respect to the Lenders; (e) such Refinancing Indebtedness shall not be secured by any Lien on any asset other

than the assets that secured such Original Indebtedness (or would have been required to secure such Original Indebtedness pursuant

to the terms thereof) or, in the event Liens securing such Original Indebtedness shall have been contractually subordinated to any

Lien securing the Loan Document Obligations, by any Lien that shall not have been contractually subordinated to at least the same

extent; and (f) if the proceeds of any Refinancing Indebtedness in respect of any Original Indebtedness are not applied to

refinance, repurchase or redeem such Original Indebtedness immediately upon the incurrence thereof, to the extent that (x) the

incurrence of such Refinancing Indebtedness is otherwise permitted under this Agreement, (y) the proceeds of such Refinancing

Indebtedness are applied to so refinance, repurchase or redeem such Original Indebtedness on or prior to the ninetieth day following

the date of the incurrence of such Refinancing Indebtedness and (z) the proceeds are segregated and held in escrow prior to

their application to refinance, repurchase or redeem such Original Indebtedness, from and after the date of the incurrence of such

Refinancing Indebtedness, such Original Indebtedness shall be deemed not to be outstanding for the purposes of computation of any

ratios hereunder (such Indebtedness described in this clause (f), “Excluded Refinanced Debt”).

“Refinancing Term Lender” means any Person

that provides a Refinancing Term Loan.

“Refinancing Term

Loan Indebtedness” means (a) Permitted Second Priority Refinancing Debt, (b) Permitted Unsecured Refinancing Debt

or (c) Refinancing Term Loans obtained pursuant to a Refinancing Facility Agreement, in each case, issued, incurred or otherwise

obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, refinance or

replace, in whole or part, existing Term Loans hereunder (including any successive Refinancing Term Loan Indebtedness) (such existing

Term Loans and successive Refinancing Term Loan Indebtedness, the “Refinanced Debt”); provided that (i) the

principal amount (or accreted value, if applicable) of such Refinancing Term Loan Indebtedness shall not exceed the principal amount

(or accreted value, if applicable) of such Refinanced Debt except by an amount equal to the sum of accrued and unpaid interest, accrued

fees and premiums (if any) with respect to such Refinanced Debt and fees and expenses associated with the refinancing of such Refinanced

Debt with such Refinancing Term Loan Indebtedness; provided, however, that, as part of the same incurrence or issuance

of Indebtedness as such Refinancing Term Loan Indebtedness, the Borrower may incur or issue an additional amount of Indebtedness under

Section 6.01 without violating this clause (i) (and, for purposes of clarity, (x) such additional amount of Indebtedness

shall not constitute Refinancing Term Loan Indebtedness and (y) such additional amount of Indebtedness shall reduce the applicable

basket

under Section 6.01, if any, on a dollar-for-dollar basis);

(ii) the stated final maturity of such Refinancing Term Loan Indebtedness shall not be earlier than 91 days after the Latest

Maturity Date of such Refinanced Debt, and such stated final maturity of such Refinancing Term Loan Indebtedness shall not be

subject to any conditions that could result in such stated final maturity occurring on a date that precedes the Latest Maturity Date

of such Refinanced Debt; (iii) such Refinancing Term Loan Indebtedness shall not be required to be repaid, prepaid, redeemed,

repurchased or defeased, whether on one or more fixed dates, upon the occurrence of one or more events or at the option of any

holder thereof (except, in each case, on the stated final maturity date as permitted pursuant to the preceding clause (ii) or

upon the occurrence of an event of default, asset sale or a change in control or as and to the extent such repayment, prepayment,

redemption, repurchase or defeasance would have been required pursuant to the terms of such Refinanced Debt) prior to the earlier of

(A) the latest stated final maturity of such Refinanced Debt and (B) 91 days after the Latest Maturity Date in effect on

the date of such extension, renewal or refinancing; provided that, notwithstanding the foregoing, scheduled amortization

payments (however denominated) of such Refinancing Term Loan Indebtedness in the form of Refinancing Term Loans shall be permitted

so long as the weighted average life to maturity of such Refinancing Term Loan Indebtedness in the form of Refinancing Term Loans

shall be no shorter than the weighted average life to maturity of such Refinanced Debt remaining as of the date of such extension,

replacement or refinancing; (iv) such Refinancing Term Loan Indebtedness shall not constitute an obligation (including pursuant

to a Guarantee) of the Borrower or any Subsidiary, in each case that shall not have been (or, in the case of after-acquired

Subsidiaries, shall not have been required to become pursuant to the terms of the Refinanced Debt) an obligor in respect of such

Refinanced Debt, and, in each case, shall constitute an obligation of the Borrower or such Subsidiary to the extent of its

obligations in respect of such Refinanced Debt and (v) in the case of Refinancing Term Loans, such Refinancing Term Loan

Indebtedness shall contain terms and conditions that are not materially more favorable (when taken as a whole) to the investors

providing such Refinancing Term Loan Indebtedness than those applicable to the existing Term Loans of the applicable

Class being refinanced (other than (A) with respect to pricing, maturity, amortization, optional prepayments and

redemption and (B) covenants or other provisions applicable only to periods after the Latest Maturity Date) on the date such

Refinancing Term Loan is incurred.

“Refinancing Term Loans”

shall mean one or more Classes of term loans incurred by the Borrower under this Agreement pursuant to a Refinancing Facility Agreement;

provided that such Indebtedness constitutes Refinancing Term Loan Indebtedness in respect of Term Loans (including portions of

Classes of Term Loans).

“Register” has the meaning assigned to such

term in Section 9.04(b).

“Related Parties”

means, with respect to any specified Person, such Person’s Affiliates and the respective directors, officers, employees, agents,

trustees, managers, advisors, representatives and controlling persons of such Person or Affiliates.

“Release”

means any release, spill, emission, leaking, dumping, injection, pouring, deposit, disposal, discharge, dispersal, leaching or migration

into or through the environment including ambient air, surface water, groundwater, land surface or subsurface strata) or within or upon

any building, structure, facility or fixture.

“Relevant

Governmental Body” means (i) with respect to a Benchmark Replacement in respect of Loans denominated in dollars, the

Board of Governors and/or the NYFRB, or a committee officially endorsed or convened by the Board of Governors and/or the

NYFRB or,

in each case, any successor thereto and (ii) with respect to a Benchmark Replacement in respect of Loans denominated in any

Permitted Foreign Currency, (a) the central bank for the currency in which such Benchmark Replacement is denominated or any

central bank or other supervisor which is responsible for supervising either (1) such Benchmark Replacement or (2) the

administrator of such Benchmark Replacement or (b) any working group or committee officially endorsed or convened by

(1) the central bank for the currency in which such Benchmark Replacement is denominated, (2) any central bank or other

supervisor that is responsible for supervising either (A) such Benchmark Replacement or (B) the administrator of such

Benchmark Replacement, (3) a group of those central banks or other supervisors or (4) the Financial Stability Board or any

part thereof.

“Reorganization” means the reorganization

that Honeywell will undergo that will, among other things, result in the allocation and transfer, conveyance or assignment to the Borrower

and, subject to certain exceptions, the Borrower and their Subsidiaries of the assets and liabilities in respect of the activities of

the advanced materials business and certain other current and former businesses and activities of Honeywell.

“Repricing Transaction”

means (i) the prepayment or refinancing of all or a portion of the Term B Loans directly or indirectly, from the net proceeds of

any broadly syndicated Indebtedness of the Borrower or any of their Subsidiaries, in each case having a lower Weighted Average Yield than

such Term B Loans and that is effected for the primary purpose of reducing the Weighted Average Yield applicable to such Term B Loans

or (ii) any amendment to the terms of such Term B Loans that is effected for the primary purpose of reducing the Weighted Average

Yield applicable to such Term B Loans, excluding, in each case of clauses (i) and (ii), any such prepayment, refinancing or amendment

made or effected in connection with a Change in Control or Transformative Transactions.

“Required Lenders”

means, at any time, Lenders having Revolving Exposures, Term Loans and unused Commitments representing more than 50% of the sum of the

Aggregate Revolving Exposure (with the aggregate of each Lender’s risk participation and funded participation in Letters of Credit

being deemed “held” by such Lender for purposes of this definition), outstanding Term Loans and unused Commitments at such

time; provided that whenever there is one or more Defaulting Lenders, the total outstanding Term Loans and Revolving Exposures

of, and the unused Commitments of, each Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders.

“Required Revolving

Lenders” means, at any time, Lenders having Revolving Exposures and unused Revolving Commitments representing more than 50%

of the sum of the Aggregate Revolving Exposure and unused Revolving Commitments at such time; provided that whenever there are

one or more Defaulting Lenders, the total outstanding Revolving Exposures of, and the unused Revolving Commitments of, each Defaulting

Lender, shall be excluded for purposes of making a determination of Required Revolving Lenders.

“Requirement of Law”

means, with respect to any Person, (a) the charter, articles or certificate of organization or incorporation and bylaws or other

organizational or governing documents of such Person and (b) any law (including common law), statute, ordinance, treaty, rule, regulation,

order, decree, writ, injunction, settlement agreement or determination of any arbitrator or court or other Governmental Authority, in

each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject.

“Resolution Authority”

means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.

“Restricted Debt Payments” has the meaning

assigned to such term in Section 6.08(b).

“Restricted Group” means the Borrower and

the Restricted Subsidiaries.

“Restricted Payment” means any dividend or other distribution (whether in cash, securities or other property) by the Borrower or any Restricted Subsidiary

with respect to its Equity Interests, or any payment or distribution (whether in cash, securities or other property) by the Borrower or

any Restricted Subsidiary, including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition,

cancelation or termination of its Equity Interests.

“Restricted Subsidiary”

means each Subsidiary of the Borrower other than an Unrestricted Subsidiary.

“Resulting Revolving Borrowings” has the

meaning assigned to such term in Section 2.21(d).

“Revolving Availability

Period” means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and

the date of termination of all the Revolving Commitments.

“Revolving Borrowing”

means Revolving Loans of the same Class, Type and currency, made, converted or continued on the same date and, in the case of Term Benchmark

Revolving Loans, as to which a single Interest Period is in effect.

“Revolving Commitment”

means, with respect to each Lender, the commitment, if any, of such Lender to make Revolving Loans and to acquire participations in Letters

of Credit hereunder, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Revolving Exposure

hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) increased from time to

time pursuant to Section 2.21 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant

to Section 2.23 and Section 9.04. The initial amount of each Lender’s Revolving Commitment is set forth on Schedule

2.01 or in the Assignment and Assumption, Refinancing Facility Agreement or Incremental Facility Amendment pursuant to which such

Lender shall have assumed its Revolving Commitment, as applicable. The initial aggregate amount of the Lenders’ Revolving Commitments

is $1,000,000,000 as of the Effective Date.

“Revolving Commitment Increase” has the

meaning assigned to such term in Section 2.21(a).

“Revolving Commitment

Increase Lender” means, with respect to any Revolving Commitment Increase, each Additional Lender providing a portion of such

Revolving Commitment Increase.

“Revolving Exposure”

means, with respect to any Revolving Lender at any time, the sum of (a) the outstanding principal amount of such Revolving Lender’s

Revolving Loans and (b) such Revolving Lender’s LC Exposure, in each case, at such time.

“Revolving Lender”

means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

“Revolving Lender Parent” means, with respect to any Revolving Lender, any Person as to which such Revolving Lender is, directly or indirectly, a subsidiary.

“Revolving Loan” means a Loan made pursuant

to clause (c) of Section 2.01.

“Revolving Maturity

Date” means the date that is five years after the Effective Date, as the same may be extended pursuant to Section 2.22.

“S&P” means S&P Global Ratings or

any successor thereto.

“Sanctioned Country”

means, at any time, a country, region, territory or government which is itself the subject or target of any comprehensive country-wide

Sanctions (at the time of this Agreement, Cuba, Iran, North Korea, Syria, the Crimea, the Donetsk People’s Republic, the Luhansk

People’s Republic, and the non-government controlled areas of the Kherson and Zaporizhzhia regions of Ukraine).

“Sanctioned Person”

means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by OFAC, the U.S. Department

of State, or by the United Nations Security Council, the European Union or any European Union member state, Canada or His Majesty’s

Treasury of the United Kingdom, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned

or controlled by any such Person or Persons described in the foregoing clauses (a) or (b).

“Sanctions”

means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the U.S. government,

including those administered by OFAC or the U.S. Department of State or (b) the United Nations Security Council, the European Union,

any European Union member state, Canada or His Majesty’s Treasury of the United Kingdom.

“SEC” means

the United States Securities and Exchange Commission or any Governmental Authority succeeding to any of its principal functions.

“Secured Additional

Letter of Credit Facility” means an Additional Letter of Credit Facility permitted under Section 6.01(a)(xxx); provided

that the Borrower and the applicable Additional Letter of Credit Issuer shall have designated such Additional Letter of Credit Facility

as a Secured Additional Letter of Credit Facility in writing delivered to the Administrative Agent in substantially the form of Exhibit N

(or such other form as may be reasonably agreed by the Administrative Agent).

“Secured Additional

Letter of Credit Facility Documents” means, with respect to a Secured Additional Letter of Credit Facility, the documents and

agreements between the applicable Loan Party and the applicable Secured Additional Letter of Credit Facility Issuer governing such Secured

Additional Letter of Credit Facility.

“Secured Additional

Letter of Credit Facility Issuer” means with respect to a Secured Additional Letter of Credit Facility, the applicable Additional

Letter of Credit Issuer; provided that (i) such Additional Letter of Credit Issuer is the Administrative Agent or a Lender

at the time of entry into the applicable Secured Additional Letter of Credit Facility or (ii) the

Borrower shall have designated such Additional Letter of Credit Issuer as a Secured Additional Letter of Credit

Facility Issuer in writing delivered to the Administrative Agent in substantially the form of Exhibit N (or such other

form as may be reasonably agreed by the Administrative Agent).

“Secured Additional

Letter of Credit Facility Obligations” means the due and punctual payment by the Borrower and the other Loan Parties of (i) each

payment required to be made by the Borrower or such other Loan Party in respect of a Secured Additional Letter of Credit Facility, when

and as due, including payments in respect of reimbursement of disbursements, interest thereon and obligations to provide cash collateral

and (ii) all other monetary obligations of the Borrower and the other Loan Parties under the Secured Additional Letter of Credit

Facility Documents, including obligations to pay fees, expense reimbursement obligations (including with respect to attorneys’ fees)

and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred

during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable

in such proceeding).

“Secured Cash Management

Obligations” means the due and punctual payment of any and all obligations of (x) the Borrower and each Loan Party and

(y) each Restricted Subsidiary that is not a Loan Party, in each case whether absolute or contingent and however and whenever created,

arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor) arising in respect

of Cash Management Services or in the case of clause (y) above only, local working capital and/or bilateral credit facilities that

are secured by the Collateral (such local working capital and/or bilateral credit facilities, the “Cash Management Financing

Facilities”); provided that at the time of incurrence of obligations incurred pursuant to clause (y) of this definition

and after giving effect thereto, the Non-Guarantor Debt Basket shall not have been exceeded, in each case that (a) (i) are owed

to (I) the Administrative Agent or an Affiliate thereof, or to any Person that was the Administrative Agent or an Affiliate thereof

at the time the agreements in respect of such obligations were entered, incurred or that becomes the Administrative Agent or an Affiliate

thereof thereafter or (II) any Person from time to time approved in writing by the Administrative Agent and specifically designated

in writing as a “Secured Cash Management Provider” under the by the Borrower to the Administrative Agent (any such Person

under sub-clause (I) or (II), a “Secured Cash Management Provider”, (ii) are owed on the Effective Date to

a Person that is a Lender or an Affiliate of a Lender as of the Effective Date or (iii) are owed to a Person that is a Lender or

an Affiliate of a Lender at the time such obligations are incurred or becomes a Lender or an Affiliate of a Lender thereafter and (b) are

secured by the Collateral.

“Secured Hedging Obligations”

means the due and punctual payment of any and all obligations of the Borrower and each Restricted Subsidiary arising under each Hedging

Agreement that (a)(i) is with a counterparty that is the Administrative Agent or an Arranger or an

Affiliate thereof, or any Person that was the Administrative Agent or an Arranger or an Affiliate

thereof at the time such Hedging Agreement was entered into or that becomes the Administrative Agent or an Arranger

or an Affiliate thereof thereafter, (ii) is in effect on the Effective Date with a counterparty that is a Lender or an Affiliate

of a Lender as of the Effective Date or (iii) is entered into after the Effective Date with a counterparty that is a Lender or an

Affiliate of a Lender at the time such Hedging Agreement is entered into or that becomes a Lender or an Affiliate of a Lender thereafter

and (b) are secured by the Collateral. Notwithstanding the foregoing, in the case of any Excluded Swap Guarantor, “Secured

Hedging Obligations” shall not include Excluded Swap Obligations of such Excluded Swap Guarantor.

“Secured Parties”

means, collectively, (a) the Lenders, (b) the Administrative Agent, (c) each Issuing Bank, (d) each provider of Cash

Management Services the obligations under which constitute Secured Cash Management Obligations, in its capacity as such, (e) each

counterparty to any Hedging Agreement the obligations under which constitute Secured Hedging Obligations, in its capacity as such, (f) each

Supply Chain Bank in a Secured Supply Chain Financing, in its capacity as such, (g) each Secured Additional Letter of Credit Facility

Issuer, and (h) the successors and assigns of each of the foregoing.

“Secured Supply Chain

Financing” means any Supply Chain Financing that is entered into by and between the Borrower or any Restricted Subsidiary and

any Supply Chain Bank, including any such Supply Chain Financing that is in effect on the Effective Date; provided that (a) the

Borrower and the applicable Supply Chain Bank shall have designated such Supply Chain Financing as a Secured Supply Chain Financing in

writing delivered to the Administrative Agent in substantially the form of Exhibit K (other than with respect to any Supply Chain

Financings where the Administrative Agent or an Affiliate thereof is the Supply Chain Bank), (b) Secured Supply Chain Financing Obligations

in respect of Secured Supply Chain Financings shall not exceed the greater of (x) $200,000,000 and (y) 20% of LTM Consolidated

EBITDA and (c) any trade payables under any Secured Supply Chain Financing shall become payable within 120 days from issuance thereof.

“Secured Supply Chain

Financing Obligations” means all obligations of the Borrower and the Restricted Subsidiaries in respect of any Secured Supply

Chain Financing.

“Securities Act” means the United States

Securities Act of 1933.

“Security Documents”

means the Guarantee Agreement, Collateral Agreement, any Acceptable Intercreditor Agreement, each Mortgage, each intellectual property

security agreement and each other security agreement or other instrument or document executed and delivered by any Loan Party pursuant

to any of the foregoing or pursuant to Section 5.12 or 5.13.

“Senior Unsecured

Indebtedness” means the $1,000,000,000 aggregate principal amount of senior unsecured indebtedness issued or incurred by the

Borrower on or prior to the Effective Date; provided that such Senior Unsecured Indebtedness (i) shall not have obligors other

than the Borrower and the other Loan Parties and (ii) shall not have a final maturity date earlier than the Term B Maturity Date.

“Senior Unsecured Indebtedness

Documents” means all instruments, agreements and other documents evidencing or governing the Senior Unsecured Indebtedness,

providing for any Guarantee or other right in respect thereof, and all schedules, exhibits and annexes to each of the foregoing, as may

be amended pursuant to the terms hereof.

“SOFR” means,

with respect to any Business Day, a rate per annum equal to the secured overnight financing rate for such Business Day published by the

SOFR Administrator on the SOFR Administrator’s Website at approximately 8:00 a.m. (New York City time) on the immediately succeeding

Business Day.

“SOFR Administrator”

means the NYFRB (or a successor administrator of the secured overnight financing rate).

“SOFR Administrator’s

Website” means the NYFRB’s website, currently at http://www.newyorkfed.org, or any successor source for the secured overnight

financing rate identified as such by the SOFR Administrator from time to time.

“Specified ECF

Percentage” means, with respect to any fiscal year of the Borrower, (a) if the Consolidated First Lien Leverage Ratio

as of the last day of such fiscal year is greater than 2.50 to 1.00, 50%, (b) if the Consolidated First Lien Leverage Ratio as

of the last day of such fiscal year is less than or equal to 2.50 to 1.00 but greater than 2.00 to 1.00, 25%, and (c) if the

Consolidated First Lien Leverage Ratio as of the last day of such fiscal year is less than or equal to 2.00 to 1.00, 0%.

“Specified Event of Default” means an Event

of Default under Section 7.01(a), (b), (h) or (i).

“Specified Net Proceeds Percentage” means,

(a)             100%,

if the Consolidated First Lien Leverage Ratio as of the end of the fiscal quarter of the Borrower for which consolidated financial statements

have most recently been delivered to the Administrative Agent pursuant to Section 5.01(a) or 5.01(b) exceeds 2.50 to 1.00;

(b)            50%,

if such Consolidated First Lien Leverage Ratio is less than or equal to 2.50 to 1.00, but exceeds 2.00 to 1.00; and

(c)

0%, if such Consolidated First Lien Leverage Ratio is less than or equal to 2.00 to 1.00.

“Spin-Off” means the spin-off

of the Borrower from Honeywell, as more fully described in the Form 10.

“Spin-Off Documents”

means the Distribution Agreement, the Transition Services Agreement, the Tax Matters Agreement, the Intellectual Property Cross-License

Agreement, the Trademark License Agreement, Employee Matters Agreement and Accelerator License Agreement, each on substantially the terms

described in the information statement included as Exhibit 99.1 to the Borrower’s Current Report on Form 8-K that was

filed with the U.S. Securities and Exchange Commission on October 17, 2025, together with any other agreements, instruments or other

documents entered into in connection with any of the foregoing.

“Standard Securitization

Undertakings” means representations, warranties, covenants and indemnities entered into by the Borrower or any Restricted Subsidiary

thereof in connection with the Permitted Receivables Facility which are customary in an accounts receivable financing transaction.

“subsidiary”

means, with respect to any Person (the “parent”) at any date, any corporation, limited liability company, partnership,

association or other entity the accounts of which would be consolidated with those of the parent in the parent’s consolidated

financial statements if such financial statements were prepared in accordance with GAAP, as well as any other corporation, limited

liability company, partnership, association or other entity (a) of which securities or other ownership interests representing

more than 50% of the equity or more than 50% of the ordinary voting power or, in the case of a partnership, more than 50% of the

general partnership interests are, as of such date, owned, controlled or held (unless parent does not

Control such entity), or

(b) that is, as of such date, otherwise Controlled, by the parent or one or more subsidiaries of the parent or by the parent

and one or more subsidiaries of the parent.

“Subsidiary” means any subsidiary of the

Borrower.

“Subsidiary Guarantor”

has the meaning assigned to such term in the definition of “Loan Parties”.

“Successor Borrower” has the meaning assigned

to such term in Section 6.03(a)(v).

“Supply Chain Bank”

means any Person that (a) at the time it enters into a Supply Chain Financing (or on the Effective Date), is the Administrative Agent,

an Arranger, a Lender or an Affiliate of any such Person, in each case, in its capacity as a party to such Supply Chain Financing and

(b) any Supply Chain Bank Purchaser.

“Supply Chain Bank

Purchaser” means any subsequent purchaser of any trade payables that had been initially acquired by a Person that was a Supply

Chain Bank pursuant clause (a) of the definition thereof pursuant to a Secured Supply Chain Financing; provided that such

subsequent purchaser is designated as such in writing delivered to the Administrative Agent in substantially the form of Exhibit K.

“Supply Chain Financing”

means any agreement under which any bank, financial institution or other Person may from time to time provide any financial accommodation

to any of the Borrower or any Restricted Subsidiary in connection with trade payables of the Borrower or any Restricted Subsidiary, in

each case issued for the benefit of any such bank, financial institution or such other person that has acquired such trade payables pursuant

to “supply chain” or other similar financing for vendors and suppliers of the Borrower or any Restricted Subsidiaries, so

long as (a) other than in the case of Secured Supply Chain Financing Obligations, such Indebtedness is unsecured and (b) such

Indebtedness represents amounts not in excess of those which the Borrower or any of its Restricted Subsidiaries would otherwise have been

obligated to pay to its vendor or supplier in respect of the applicable trade payables.

“Supported QFC” has the meaning assigned

to such term in Section 9.21.

“Swap Obligations”

means, with respect to the Borrower or any other Loan Party, an obligation to pay or perform under any agreement, contract or transaction

that constitutes a “swap” within the meaning of § 1a(47) of the Commodity Exchange Act.

“Syndication Agents”

means, collectively, JPMorgan Chase Bank, N.A. Goldman Sachs Bank USA, BofA Securities, Inc., Barclays Bank PLC, Citigroup Global

Markets Inc., Deutsche Bank Securities Inc., Morgan Stanley Senior Funding, Inc., RBC Capital Markets, LLC and Wells Fargo Securities,

LLC.

“Tax Matters Agreement”

means the Tax Matters Agreement, dated as of October 30, 2025, by and between Honeywell and the Borrower.

“Taxes” means

all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other

charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

“Term B Borrowing” means Term

B Loans of the same Class and Type made, converted or continued on the same date and, in the case of Term Benchmark Loans, as to

which a single Interest Period is in effect.

“Term B Commitment” means, with

respect to each Lender, the commitment, if any, of such Lender to make a Term B Loan hereunder on the Effective Date, expressed as an

amount representing the maximum principal amount of the Term B Loan to be made by such Lender hereunder, as such commitment may be (a) reduced

from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such

Lender pursuant to Section 9.04. The initial amount of each Lender’s Term B Commitment is set forth on Schedule 2.01 or in

the Assignment and Assumption pursuant to which such Lender shall have assumed its Term B Commitment, as applicable. The initial aggregate

amount of the Lenders’ Term B Commitments is $1,000,000,000.

“Term B Lender” means a Lender with a Term

B Commitment or an outstanding Term B Loan.

“Term B Loans” means a Loan made pursuant

to clause (a) of Section 2.01.

“Term B Maturity Date” means the

date that is seven years after the Effective Date, as the same may be extended pursuant to Section 2.22.

“Term Benchmark” when used in

reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate

determined by reference to the Adjusted Term SOFR Rate.

“Term Borrowings”

means the Term B Borrowings and/or the Incremental Term Loans, as the context requires.

“Term Commitments”

means, collectively, the Term B Commitments and any commitments to make Incremental Term Loans.

“Term Lenders”

means, collectively, the Term B Lenders and any Lenders with an outstanding Incremental Term Loan or a Commitment to make an Incremental

Term Loan.

“Term Loans” means, collectively, the Term

B Loans and any Incremental Term Loans.

“Term SOFR Determination Day”

has the meaning assigned to it under the definition of Term SOFR Reference Rate.

“Term SOFR Rate”

means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference

Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable

to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.

“Term SOFR

Reference Rate” means, for any day and time (such day, the “Term SOFR Determination Day”), with

respect to any Term Benchmark Borrowing denominated in Dollars and for any tenor comparable to the applicable Interest Period, the

rate per annum published by the CME Term SOFR Administrator and identified by the Administrative Agent as the forward-looking term

rate based on SOFR. If by 5:00 pm (New York City time) on such

Term SOFR Determination Day,

the “Term SOFR Reference Rate” for the applicable tenor has not been published by the CME Term SOFR Administrator and a Benchmark

Replacement Date with respect to the Term SOFR Rate has not occurred, then, so long as such day is otherwise a U.S. Government Securities

Business Day, the Term SOFR Reference Rate for such Term SOFR Determination Day will be the Term SOFR Reference Rate as published in

respect of the first preceding U.S. Government Securities Business Day for which such Term SOFR Reference Rate was published by the CME

Term SOFR Administrator, so long as such first preceding U.S. Government Securities Business Day is not more than five (5) U.S.

Government Securities Business Days prior to such Term SOFR Determination Day.

“Trademark License

Agreement” means the Trademark License Agreement, dated as of October 30, 2025, by and between Honeywell and the Borrower.

“Transaction Costs”

means all fees, costs and expenses incurred or payable by the Borrower or any Subsidiary in connection with the Transactions.

“Transactions”

means, collectively, (a) the execution, delivery and performance by each Loan Party of the Loan Documents (including this Agreement)

to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder,

(b) the execution, delivery and performance by each Loan Party of the Senior Unsecured Indebtedness Documents to which it is to be

a party, the issuance or incurrence of the Senior Unsecured Indebtedness and the use of the proceeds thereof, (c) the payment of

the Effective Date Repayment and (d) the Spin-Off, together with the Reorganization and all other transactions pursuant to, and the

execution, delivery and performance of, the Spin-Off Documents.

“Transformative Transactions”

means any merger, acquisition, consolidation or similar transaction involving third-parties, in any case by the Borrower or any Restricted

Subsidiary that is either (a) not permitted by the terms of this Agreement immediately prior to the consummation of such acquisition

or (b) permitted by the terms of this Agreement immediately prior to the consummation of such acquisition, but would not provide

the Borrower and its Restricted Subsidiaries with adequate flexibility under this Agreement for the continuation and/or expansion of the

combined operations following such consummation, as determined by the Borrower acting in good faith.

“Transition Services

Agreement” means the Transition Services Agreement, dated as of October 30, 2025, by and between Honeywell and the Borrower.

“Type”, when

used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans comprising such Borrowing,

is determined by reference to the Adjusted Term SOFR Rate or the Alternate Base Rate.

“U.S. Intellectual

Property” means Intellectual Property (as defined in the Collateral Agreement) that is registered or applied for in the United

States.

“U.S. Person”

means a “United States person” within the meaning of Section 7701(a)(30) of the Code.

“U.S. Special Resolution Regimes” has the

meaning assigned to such term in Section 9.21.

“U.S. Subsidiary”

means any Subsidiary organized under the laws of the United States of America, any State thereof or the District of Columbia.

“U.S. Tax Compliance

Certificate” has the meaning assigned to such term in Section 2.17(f)(ii)(B)(3).

“UK Financial Institution”

means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom

Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated

by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates

of such credit institutions or investment firms.

“UK Resolution Authority”

means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

“Unadjusted Benchmark

Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

“Unaudited Financial

Statements” the unaudited combined balance sheets of the Borrower as of June 30, 2025, and the related unaudited combined

statements of comprehensive income and cash flows for the three and six months ended on June 30, 2025.

“Uniform Commercial

Code” or “UCC” means the Uniform Commercial Code as the same may from time to time be in effect in the State

of New York.

“Unrestricted Subsidiaries”

means (a) any Subsidiary that is formed or acquired after the Effective Date and is designated as an Unrestricted Subsidiary by the

Borrower pursuant to Section 5.17 subsequent to the Effective Date and (b) any Subsidiary of an Unrestricted Subsidiary. As

of the Effective Date, there are no Unrestricted Subsidiaries.

“Unrestricted Subsidiary

Reconciliation Statement” means in connection with the delivery of financial statements pursuant to Section 5.01(a) or

(b) (solely to the extent required under Section 5.01(c)), an unaudited financial statement (in substantially the same form)

prepared on the basis of consolidating the accounts of the Borrower and the Restricted Subsidiaries and treating Unrestricted Subsidiaries

as if they were not consolidated with the Borrower and otherwise eliminating all accounts of Unrestricted Subsidiaries, together with

an explanation of reconciliation adjustments in reasonable detail.

“U.S. Government Securities

Business Day” means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry

and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes

of trading in United States government securities.

“USA PATRIOT Act”

means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001.

“Voting Equity Interests”

of any Person means the Equity Interests of such Person ordinarily having the power to vote for the election of the directors of such

Person.

“Weighted Average

Yield” means, with respect to any Term B Loan, Term B Commitment or any other Loans or Commitments, the weighted average yield

to stated maturity

thereof based on the interest

rate or rates applicable thereto and giving effect to all upfront or similar fees or original issue discount payable to the lenders with

respect thereto and to any interest rate “floor”, but excluding any prepayment premiums, customary arrangement, syndication,

commitment, structuring, ticking, underwriting and other similar fees paid or payable to the arrangers (or similar titles) or their Affiliates,

in each case in their capacities as such in connection therewith and that are not generally shared with all lenders providing such loans

and commitments; provided that to the extent that the Reference Rate on the effective date of such other loans or commitments

is less than the interest rate floor, if any, applicable to such other loans or commitments, then the amount of such difference shall

be included in the calculation of the Weighted Average Yield of such other loans or commitments; provided, further, that

original issue discount and upfront fees (which shall be deemed to constitute like amounts of original issue discount) shall be equated

to interest margins based on the shorter of the remaining life to the stated maturity and an assumed four-year life to maturity. For

purposes of determining the Weighted Average Yield of any floating rate Indebtedness at any time, the rate of interest applicable to

such Indebtedness at such time shall be assumed to be the rate applicable to such Indebtedness at all times prior to maturity; provided

that appropriate adjustments shall be made for any changes in rates of interest provided for in the documents governing such Indebtedness

(other than those resulting from fluctuations in interbank offered rates, prime rates, Federal funds rates or other external indices

not influenced by the financial performance or creditworthiness of the Borrower or any Subsidiary).

“wholly owned Subsidiary”

means, with respect to any Person at any date, a subsidiary of such Person of which securities or other ownership interests representing

100% of the Equity Interests (other than directors’ qualifying shares) are, as of such date, owned, controlled or held by such Person

or one or more wholly owned Subsidiaries of such Person or by such Person and one or more wholly owned Subsidiaries of such Person.

“Withdrawal Liability”

means liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are

defined in Part I of Subtitle E of Title IV of ERISA.

“Withholding Agent”

means any Loan Party, the Administrative Agent and, in the case of any U.S. federal withholding Tax, any other withholding agent, if applicable.

“Write-Down and Conversion

Powers” means, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution

Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers

are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution

Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or

any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations

of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised

under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related

to or ancillary to any of those powers.

SECTION 1.02. Classification

of Loans and Borrowings. For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a “Revolving

Loan”) or by Type (e.g., a “Term Benchmark Loan”) or by Class and Type (e.g., a “Term Benchmark

Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a

“Revolving Borrowing”) or by Type (e.g., a “Term Benchmark Borrowing”) or by Class and Type

(e.g., a “Term Benchmark Revolving Borrowing”).

SECTION 1.03. Terms

Generally. The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the

context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”,

“includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The

word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires

otherwise or except as expressly provided herein, (a) any definition of or reference to any agreement, instrument or other document

herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, amended and restated,

supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth in the Loan

Documents), (b) any definition of or reference to any statute, rule or regulation shall be construed as referring thereto as

from time to time amended, supplemented or otherwise modified (including by succession of comparable successor laws), unless otherwise

expressly stated to the contrary, (c) any reference herein to any Person shall be construed to include such Person’s successors

and assigns, (d) the words “herein”, “hereof” and “hereunder”, and words of similar import, shall

be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (e) all references herein to

Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this

Agreement and (f) the words “asset” and “property” shall be construed to have the same meaning and effect

and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights.

SECTION 1.04. Accounting

Terms; GAAP; Borrower Representative. (a) Except as otherwise expressly provided herein, all terms of an accounting or financial

nature shall be construed in accordance with GAAP, as in effect from time to time; provided that (i) if the Borrower notifies

the Administrative Agent that the Borrower requests an amendment to any provision (including any definition) hereof to eliminate the

effect of any change occurring after the Effective Date in GAAP or in the application thereof on the operation of such provision (or

if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose),

regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision

shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such

notice shall have been withdrawn or such provision amended in accordance herewith, (ii) notwithstanding any other provision contained

herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred

to herein shall be made, without giving effect to any election under Statement of Financial Accounting Standards 159, The Fair Value

Option for Financial Assets and Financial Liabilities, or any successor thereto (including pursuant to Accounting Standard Codifications),

to value any Indebtedness of the Borrower or any Subsidiary at “fair value”, as defined therein and (iii) notwithstanding

any other provision contained herein, all obligations of any person that are or would have been treated as operating leases for purposes

of GAAP prior to the issuance by the Financial Accounting Standards Board on February 25, 2016 of an Accounting Standards Update

(the “ASU”) shall continue to be accounted for as operating leases for purposes of the Loan Documents (whether or not such

operating lease obligations were in effect on such date) notwithstanding the fact that such obligations are required in accordance with

the ASU (on a prospective or retroactive basis or otherwise) to be treated as capitalized lease obligations in the Borrower’s financial

statements

(provided that the only financial statements required to be delivered shall be those filed with the SEC).

(b) The Borrower is hereby

authorized to act as an agent and representative of the other Loan Parties party hereto in providing and receiving notices, consents,

certificates, other writing or statements on behalf of the other Loan Parties for purposes hereof (including for purposes of Article II).

Unless otherwise provided therein, the Administrative Agent may assume any notice, consent, certificate, other writing or statement received

from the Borrower is made on behalf of the other Loan Parties, and shall be entitled to rely on, and shall incur no liability by acting

upon, any such notice, consent, certificate, other writing or statement accordingly.

SECTION 1.05. Pro Forma

Calculations. With respect to any period during which any acquisition permitted by this Agreement or any sale, transfer or other disposition

of any Equity Interests in a Subsidiary or all or substantially all the assets of a Subsidiary or division or line of business of a Subsidiary

outside the ordinary course of business occurs, for purposes of determining compliance with the covenants contained in Sections 6.12 and

6.13 or otherwise for purposes of determining the Consolidated Total Leverage Ratio, Consolidated Interest Expense, Consolidated Secured

Leverage Ratio, the Consolidated First Lien Leverage Ratio, Consolidated Debt, Consolidated Interest Coverage Ratio, Consolidated First

Lien Secured Debt, Consolidated Secured Debt, Consolidated Total Assets and Consolidated EBITDA, calculations with respect to such period

shall be made on a Pro Forma Basis.

SECTION 1.06. Limited

Condition Transaction. (a) Notwithstanding anything in this Agreement or any Loan Document to the contrary, when calculating

any applicable financial ratio or test or determining other compliance with this Agreement (including the determination of compliance

with any provision of this Agreement which requires that no Default or Event of Default has occurred, is continuing or would result therefrom)

in connection with the consummation of a Limited Condition Transaction, the date of determination of such ratio and determination of

whether any Default or Event of Default has occurred, is continuing or would result therefrom or other applicable covenant shall, at

the option of the Borrower (the Borrower’s election to exercise such option in connection with any Limited Condition Transaction,

an “LCT Election”), be deemed to be (i) in the case of a Limited Condition Transaction described in clause (i) of

the definition thereof, the date the definitive agreements for such Limited Condition Transaction are entered into and (ii) in the

case of a Limited Condition Transaction described in clause (ii) of the definition thereof, the date of giving of the irrevocable

notice of redemption therefor (the “LCT Test Date”) and if, after such financial ratios and tests and other provisions

are measured on a Pro Forma Basis after giving effect to such Limited Condition Transaction and the other transactions to be entered

into in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) as if they occurred at the beginning

of the applicable period being used to calculate such financial ratio ending prior to the LCT Test Date, the Borrower could have taken

such action on the relevant LCT Test Date in compliance with such ratios and provisions, such provisions shall be deemed to have been

complied with; provided that at the option of the Borrower, the relevant ratios and baskets may be recalculated at the time of

consummation of such Limited Condition Transaction. For the avoidance of doubt, (x) if any of such financial ratios or tests are

exceeded (or, with respect to the Consolidated Interest Coverage Ratio, not reached) as a result of fluctuations in such ratio or test

(including due to fluctuations in Consolidated EBITDA or otherwise) at or prior to the consummation of the relevant Limited Condition

Transaction, such financial ratios and tests and other provisions will not be deemed to have been exceeded (or, with respect to the Consolidated

Interest Coverage Ratio, not reached) as a result of such fluctuations solely for purposes of

determining whether the Limited Condition

Transaction is permitted hereunder and (y) such financial ratios and tests and other provisions shall not be tested at the time

of consummation of such Limited Condition Transaction or related transaction. For the avoidance of doubt, if the Borrower has made an

LCT Election for any Limited Condition Transaction, then in connection with any subsequent calculation of any financial ratio or test

(excluding, for the avoidance of doubt, any ratio contained in Sections 6.12 or 6.13) or basket availability with respect to any Limited

Condition Transaction 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, in the case of a Limited Condition Transaction described in clause (i) thereof, the date that the

definitive agreement for such Limited Condition Transaction is terminated or expires without consummation of such Limited Condition Transaction,

for purposes of determining whether such subsequent transaction is permitted under this Agreement or any Loan Document, any such ratio,

test or basket shall be required to comply with any such ratio, test or basket on a Pro Forma Basis assuming such Limited Condition Transaction

and the other transactions in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) have been

consummated until such time as the applicable Limited Condition Transaction has actually closed or the definitive agreement with respect

thereto has been terminated or expires.

(b) Notwithstanding anything

to the contrary herein, with respect to any Indebtedness or Liens incurred in reliance on a provision of this Agreement that does not

require compliance with a financial ratio or test (including, without limitation, any tests based on the Consolidated Total Leverage

Ratio, Consolidated Interest Expense, Consolidated Secured Leverage Ratio, the Consolidated First Lien Leverage Ratio or the Consolidated

EBITDA) (any such amounts, the “Fixed Amounts”) substantially concurrently with any Indebtedness or Liens incurred

in reliance on a provision of this Agreement that requires compliance with a financial ratio or test (including any tests based on the

Consolidated Total Leverage Ratio, Consolidated Interest Expense, Consolidated Secured Leverage Ratio, the Consolidated First Lien Leverage

Ratio or the Consolidated EBITDA) (any such amounts, the “Incurrence-Based Amounts”), it is understood and agreed

that the Fixed Amounts shall be disregarded in the calculation of the financial ratio or test applicable to the incurrence of the Incurrence-Based

Amounts.

SECTION 1.07. Change

in GAAP. Upon written notice to the Administrative Agent, the Borrower and the Restricted Subsidiaries may elect to apply IFRS, in

lieu of GAAP, which change shall take effect at the end of such fiscal quarter or year specified by the Borrower and in which case all

accounting terms (including financial ratios and other financial calculations for the test period then ended and all subsequent periods)

required to be submitted pursuant to this Agreement shall be prepared in conformity with IFRS. As of such effective date, at the request

of the Borrower the Administrative Agent shall enter into and is hereby authorized by the Lenders to enter into an amendment to this Agreement

which shall provide for and give effect to the change in GAAP.

SECTION 1.08. Delaware

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or

any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person

becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original

Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized

on the first date of its existence by the holders of its Equity Interests at such time.

SECTION 1.09. Interest

Rates; Benchmark Notification. The interest rate on a Loan denominated in dollars or a Permitted Foreign Currency may be derived

from an interest

rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the

occurrence of a Benchmark Transition Event, Section 2.14(b) provides a mechanism for determining an alternative rate of interest.

The Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration,

submission, performance or any other matter related to any interest rate used in this Agreement, or with respect to any alternative or

successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any

such alternative, successor or replacement reference rate will be similar to, or produce the same value or economic equivalence of, the

existing interest rate being replaced or have the same volume or liquidity as did any existing interest rate prior to its discontinuance

or unavailability. The Administrative Agent and its affiliates and/or other related entities may engage in transactions that affect the

calculation of any interest rate used in this Agreement or any alternative, successor or alternative rate (including any Benchmark Replacement)

and/or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information

sources or services in its reasonable discretion to ascertain any interest rate used in this Agreement, any component thereof, or rates

referenced in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower,

any Lender or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential

damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation

of any such rate (or component thereof) provided by any such information source or service.

ARTICLE II

The Credits

SECTION 2.01. Commitments.

Subject to the terms and conditions set forth herein, (a) each Term B Lender agrees to make a Term B Loan denominated in dollars

to the Borrower on the Effective Date in a principal amount not exceeding its Term B Commitment and (b) each Revolving Lender agrees

to make Revolving Loans denominated in dollars or a Permitted Foreign Currency to the Borrower from time to time, in each case during

the Revolving Availability Period, in an aggregate principal amount that will not result in such Revolving Lender’s Revolving Exposure

exceeding such Lender’s Revolving Commitment or the Aggregate Revolving Exposure exceeding the Aggregate Revolving Commitment.

The Term B Loans may be ABR Loans or Term Benchmark Loans, as further provided herein. Within the foregoing limits and subject to the

terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans. Amounts repaid or prepaid in respect

of Term Loans may not be reborrowed.

SECTION 2.02. Loans

and Borrowings. (a) Each Loan shall be made as part of a Borrowing consisting of Loans of the same Class and Type made by

the Lenders ratably in accordance with their respective Commitments of the applicable Class. The failure of any Lender to make any Loan

required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the

Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

(b) Subject to Section 2.16,

each Borrowing shall be comprised entirely of ABR Loans or Term Benchmark Loans as the Borrower may request in accordance herewith. Each

Lender at its option may make any Term Benchmark Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such

Loan; provided that any exercise of such option

shall not affect the obligation of the Borrower to repay such Loan advanced to

it in accordance with the terms of this Agreement.

of each Interest Period for any Term Benchmark Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple

of the Borrowing Multiple and not less than the Borrowing Minimum; provided that a Term Benchmark Borrowing that results from a

continuation of an outstanding Term Benchmark Borrowing may be in an aggregate amount that is equal to such outstanding Borrowing. At

the time that each ABR Revolving Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000

and not less than $500,000. Borrowings of more than one Type and Class may be outstanding at the same time; provided that

there shall not be more than a total of six Term Benchmark Borrowings at any time outstanding. Notwithstanding anything to the contrary

herein, an ABR Revolving Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Aggregate Revolving

Commitment or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.05(e).

SECTION 2.03. Requests

for Borrowings. To request a Revolving Borrowing or Term Borrowing, the Borrower shall notify the Administrative Agent of such request

by submitting a Borrowing Request (a) in the case of a Term Benchmark Borrowing, not later than 2:00 p.m., Local Time, three U.S.

Government Securities Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than

11:00 a.m., New York City time, the date of the proposed Borrowing. Each such Borrowing Request shall be irrevocable (provided

that the Borrowing Request in respect of the initial Borrowings on the Effective Date, or in connection with any acquisition or other

investment permitted under Section 6.04, may be conditioned on the closing of the Spin-Off or such acquisition or other investment,

as applicable) and shall be confirmed promptly by hand delivery or facsimile to the Administrative Agent of a written Borrowing Request

signed by a Financial Officer of the Borrower. Each such Borrowing Request shall specify the following information (to the extent applicable,

in compliance with Sections 2.01 and 2.02):

(i) specifying the Class of the requested Borrowing;

(ii) the currency and the aggregate amount of such Borrowing;

(iii) the requested date of such Borrowing, which shall be a

Business Day;

(iv) whether

such Borrowing is to be an ABR Borrowing or a Term Benchmark Borrowing;

(v) in

the case of a Term Benchmark Borrowing, the initial Interest Period to be applicable thereto, which shall be a period contemplated by

the definition of the term “Interest Period”;

(vi) the location and number of the Borrower’s account to which funds are to be disbursed, which shall

comply with the requirements of Section 2.06(a), or, if the Borrowing is being requested to finance the reimbursement of an LC

Disbursement in accordance with Section 2.05(e), the identity of the Issuing Bank that made such LC Disbursement; and

(vii) that as of such date Sections

4.02(a) and 4.02(b) are satisfied.

If no election as to the Type of Borrowing is

specified then the requested Borrowing shall be an ABR Borrowing. If no Interest Period is specified with respect to any requested Term

Benchmark Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. If no currency

is specified with respect to any requested Revolving Loan, the Borrower shall be deemed to have selected dollars. Promptly following receipt

of a Borrowing Request in accordance with this Section, the Administrative Agent shall advise each Lender of the applicable Class of

the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing.

SECTION 2.04. [Reserved].

SECTION 2.05. Letters

of Credit. (a) General. Subject to the terms and conditions set forth herein, the Borrower may request (and each Issuing

Bank shall issue) Letters of Credit for the Borrower’s own account (or for the account of any Subsidiary so long as (x) the

Borrower is a joint and several co-applicant in respect of such Letter of Credit and (y) such Issuing

Bank has completed its customary “know your client” procedures with respect to such Subsidiary), and in a form reasonably

acceptable to the Administrative Agent and the applicable Issuing Bank, at any time and from time to time during the Revolving Availability

Period. Notwithstanding anything contained in any letter of credit application or other agreement (other than this Agreement or any Security

Document) submitted by the Borrower to, or entered into by the Borrower with, any Issuing Bank relating to any Letter of Credit, (i) all

provisions of such letter of credit application or other agreement purporting to grant Liens in favor of such Issuing Bank to secure

obligations in respect of such Letter of Credit shall be disregarded, it being agreed that such obligations shall be secured to the extent

provided in this Agreement and in the Security Documents, and (ii) in the event of any inconsistency between the terms and conditions

of this Agreement and the terms and conditions of such letter of credit application or such other agreement, as applicable, the terms

and conditions of this Agreement shall control.

(b) Notice of

Issuance, Amendment, Renewal, Extension; Certain Conditions. To request the issuance of a Letter of Credit or the amendment,

renewal or extension of an outstanding Letter of Credit (other than any automatic extension permitted pursuant to paragraph

(c) of this Section), the Borrower shall hand deliver or fax (or transmit by electronic communication, if arrangements for

doing so have been approved by such Issuing Bank) to the applicable Issuing Bank and the Administrative Agent (reasonably in advance

of the requested date of issuance, amendment, renewal or extension) a notice requesting the issuance of a Letter of Credit, or

identifying the Letter of Credit to be amended, renewed or extended, and specifying the requested date of issuance, amendment,

renewal or extension (which shall be a Business Day), the date on which such Letter of Credit is to expire (which shall comply with

paragraph (c) of this Section), the currency and amount of such Letter of Credit, the name and address of the beneficiary

thereof and such other information as shall be requested by the applicable Issuing Bank as necessary to enable the such Issuing Bank

to prepare, amend, renew or extend such Letter of Credit. If requested by the applicable Issuing Bank, the Borrower also shall

submit a letter of credit application on such Issuing Bank’s standard form in connection with any request for a Letter of

Credit. An Issuing Bank shall only be obligated to issue standby Letters of Credit (unless it otherwise consents) and no Letter of

Credit shall be issued, amended, renewed or extended unless (and upon issuance, amendment, renewal or extension of any Letter of

Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or

extension, (i) the sum of the LC Exposure shall not exceed the LC Sublimit, (ii) the Aggregate Revolving Exposure shall

not exceed the Aggregate Revolving

Commitment, (iii) the face amount of the Letters of Credit issued by the applicable Issuing

Bank shall not exceed its LC Commitment and (iv) following the effectiveness of any Maturity Date Extension Request with

respect to the Revolving Commitments of any Class, the LC Exposure in respect of all Letters of Credit of such Class having an

expiration date after the fifth Business Day prior to the applicable Existing Maturity Date shall not exceed the aggregate Revolving

Commitments of such Class of the Consenting Lenders extended pursuant to Section 2.22. Each Issuing Bank agrees that it

shall not permit any issuance, amendment, renewal or extension of a Letter of Credit to occur unless it shall give to the

Administrative Agent written notice thereof as required under paragraph (l) of this Section. Notwithstanding anything herein to

the contrary, an Issuing Bank shall have no obligation hereunder to issue any Letter of Credit if (x) any law applicable to

such Issuing Bank from any Governmental Authority with jurisdiction over such Issuing Bank shall prohibit the issuance of letters of

credit generally or the Letter of Credit in particular or (y) such issuance shall violate such Issuing Bank’s internal

policies that are applicable to letters of credit generally.

Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date that is one year after the

date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension)

and (ii) the date that is five Business Days prior to the Revolving Maturity Date (unless such Letters of Credit have been cash collateralized

or backstopped on or prior to such fifth Business Day pursuant to arrangements reasonably satisfactory to the applicable Issuing Bank);

provided that (x) any Letter of Credit may, upon the request of the Borrower, include a provision whereby such Letter of Credit

shall be renewed automatically for additional periods (but not beyond the date that is five Business Days prior to the Revolving Maturity

Date (unless such Letters of Credit have been cash collateralized or backstopped on or prior to such fifth Business Day pursuant to arrangements

reasonably satisfactory to the applicable Issuing Bank)) unless the applicable Issuing Bank notifies the beneficiary thereof at least

30 days prior to the then-applicable expiration date that such Letter of Credit will not be renewed and (y) clause (c)(i) above

shall not apply to a Letter of Credit if such long-dated Letter of Credit is consented to by the applicable Issuing Bank. For the avoidance

of doubt, if the Revolving Maturity Date in respect of any Class of Revolving Commitments shall be extended pursuant to Section 2.22,

“Revolving Maturity Date” as referenced in this paragraph shall refer, with respect to the Class of Letters of Credit

associated with such Class of Revolving Commitments, to the Revolving Maturity Date in respect of any Class of Revolving Commitments

as extended pursuant to Section 2.22; provided that, notwithstanding anything in this Agreement (including Section 2.22

hereof) or any other Loan Document to the contrary, the Revolving Maturity Date, as such term is used in reference to any Issuing Bank

or any Letter of Credit issued thereby, may not be extended with respect to any Issuing Bank without the prior written consent of such

Issuing Bank.

(d) Participations.

By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without any further

action on the part of the applicable Issuing Bank or the Lenders, the Issuing Bank that is the issuer of such Letter of Credit

hereby grants to each Revolving Lender, and each Revolving Lender hereby acquires from such Issuing Bank, a participation in such

Letter of Credit equal to such Revolving Lender’s Applicable Percentage of the aggregate amount available to be drawn under

such Letter of Credit. In consideration and in furtherance of the foregoing, each Revolving Lender hereby absolutely and

unconditionally agrees to pay to the Administrative Agent, for the account of the applicable Issuing Bank, such Revolving

Lender’s Applicable Percentage of each LC Disbursement made by such Issuing Bank and not reimbursed by the Borrower on the

date due as provided in paragraph (e) of this Section, or of any reimbursement payment required to be

refunded to the Borrower for any reason. Each Revolving Lender

acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit is

absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension

of any Letter of Credit or the occurrence and continuance of a Default or any reduction or termination of the Revolving Commitments,

and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Each Revolving Lender

further acknowledges and agrees that, in issuing, amending, renewing or extending any Letter of Credit, the applicable Issuing Bank

shall be entitled to rely, and shall not incur any liability for relying, upon the representation and warranty of the Borrower

deemed made pursuant to Section 4.02 unless, at least one Business Day prior to the time such Letter of Credit is issued,

amended, renewed or extended (or, in the case of an automatic extension permitted pursuant to paragraph (c) of this Section, at

least one Business Day prior to the time by which the election not to extend must be made by the applicable Issuing Bank), the

Majority in Interest of the Revolving Lenders shall have notified the applicable Issuing Bank (with a copy to the Administrative

Agent) in writing that, as a result of one or more events or circumstances described in such notice, one or more of the conditions

precedent set forth in Section 4.02(a) or 4.02(b) would not be satisfied if such Letter of Credit were then issued,

amended, renewed or extended (it being understood and agreed that, in the event any Issuing Bank shall have received any such

notice, no Issuing Bank shall have any obligation to issue, amend, renew or extend any Letter of Credit until and unless it shall be

satisfied that the events and circumstances described in such notice shall have been cured or otherwise shall have ceased to

exist).

(e) Reimbursement.

If an Issuing Bank shall make any LC Disbursement in respect of a Letter of Credit, then the Borrower shall reimburse such LC

Disbursement by paying to the Administrative Agent an amount equal to such LC Disbursement not later than if the Borrower shall have

received notice of such LC Disbursement prior to 10:00 a.m., Local Time, on any Business Day, then 12:00 noon, Local Time, on the

Business Day immediately following the day that the Borrower receives such notice; provided that, in the case of an LC

Disbursement denominated in dollars in an amount equal to or in excess of $500,000, the Borrower may, subject to the conditions to

borrowing set forth herein, request in accordance with Section 2.03 that such payment be financed with an ABR Revolving

Borrowing in an equivalent amount and, to the extent so financed, the Borrower’s obligation to make such payment shall be

discharged and replaced by the resulting ABR Revolving Borrowing. If the Borrower fails to reimburse any LC Disbursement by the time

specified above in this paragraph, then the Administrative Agent shall notify each Revolving Lender of the applicable LC

Disbursement, the currency and amount of the payment then due from the Borrower in respect thereof and such Revolving Lender’s

Applicable Percentage thereof. Promptly following receipt of such notice, each applicable Revolving Lender shall pay to the

Administrative Agent its Applicable Percentage of the amount then due from the Borrower in the currency of the applicable LC

Disbursement, in the same manner as provided in Section 2.06 with respect to Loans made by such Lender (and Section 2.06

shall apply, mutatis mutandis, to the payment obligations of the Revolving Lenders under this paragraph), and the

Administrative Agent shall promptly remit to the applicable Issuing Bank the amounts so received by it from the applicable Revolving

Lenders. Promptly following receipt by the Administrative Agent of any payment from the Borrower pursuant to this paragraph, the

Administrative Agent shall distribute such payment to the applicable Issuing Bank or, to the extent that Revolving Lenders have made

payments pursuant to this paragraph to reimburse such Issuing Bank, then to such Revolving Lenders and such Issuing Bank as their

interests may appear. Any payment made by a Revolving Lender pursuant to this paragraph to reimburse an Issuing Bank for any LC

Disbursement (other than the funding of an ABR

Revolving Borrowing as contemplated above) shall not constitute a Loan and shall not

relieve the Borrower of its obligation to reimburse such LC Disbursement.

(f) Obligations Absolute.

The Borrower’s obligation to reimburse LC Disbursements as provided in paragraph (e) of this Section shall be absolute,

unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under any and all circumstances

whatsoever and irrespective of (i) any lack of validity or enforceability of any Letter of Credit or this Agreement, or any term

or provision thereof or hereof, (ii) any draft or other document presented under a Letter of Credit proving to be forged, fraudulent

or invalid in any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by an Issuing Bank under

a Letter of Credit against presentation of a draft or other document that does not comply with the terms of such Letter of Credit or (iv) any

other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section,

constitute a legal or equitable discharge of, or provide a right of setoff against, the Borrower’s obligations hereunder. None of

the Administrative Agent, the Lenders, the Issuing Banks or any of their Related Parties shall have any liability or responsibility by

reason of or in connection with the issuance or transfer of any Letter of Credit, any payment or failure to make any payment thereunder

(irrespective of any of the circumstances referred to in the preceding sentence), any error, omission, interruption, loss or delay in

transmission or delivery of any draft, notice or other communication under or relating to any Letter of Credit (including any document

required to make a drawing thereunder), any error in interpretation of technical terms or any consequence arising from causes beyond the

control of the applicable Issuing Bank; provided that the foregoing shall not be construed to excuse any Issuing Bank from liability

to the Borrower to the extent of any direct damages (as opposed to special, indirect, consequential or punitive damages, claims in respect

of which are hereby waived by the Borrower to the extent permitted by applicable law) suffered by the Borrower that are caused by such

Issuing Bank’s failure to exercise care when determining whether drafts and other documents presented under a Letter of Credit comply

with the terms thereof. The parties hereto expressly agree that, in the absence of gross negligence or willful misconduct on the part

of an Issuing Bank (as finally determined by a court of competent jurisdiction in a final and nonappealable judgment), such Issuing Bank

shall be deemed to have exercised care in each such determination. In furtherance of the foregoing and without limiting the generality

thereof, the parties agree that, with respect to documents presented that appear on their face to be in substantial compliance with the

terms of a Letter of Credit, an Issuing Bank may, in its sole discretion, either accept and make payment upon such documents without responsibility

for further investigation, regardless of any notice or information to the contrary, or refuse to accept and make payment upon such documents

if such documents are not in strict compliance with the terms of such Letter of Credit, and any such acceptance or refusal shall be deemed

not to constitute gross negligence or willful misconduct.

(g) Disbursement Procedures.

Each Issuing Bank shall, promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under

a Letter of Credit. Each Issuing Bank shall promptly notify the Administrative Agent and the Borrower in writing (via hand delivery, facsimile

or other electronic imaging) of such demand for payment and whether such Issuing Bank has made or will make an LC Disbursement thereunder;

provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse

such Issuing Bank and the applicable Revolving Lenders with respect to any such LC Disbursement in accordance with paragraph (e) of

this Section.

(h) Interim

Interest. If an Issuing Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse such LC Disbursement in

full on the date such LC

Disbursement is made, the unpaid

amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that

the Borrower reimburses such LC Disbursement in full, at (i) in the case of any LC Disbursement denominated in dollars, the rate

per annum then applicable to ABR Revolving Loans and (ii) in the case of an LC Disbursement denominated in any Permitted Foreign

Currency, a rate per annum determined by the applicable Issuing Bank (which determination will be conclusive absent manifest error) to

represent its cost of funds plus the Applicable Rate used to determine interest applicable to Term Benchmark Revolving Loans;

provided that, if the Borrower fails to reimburse such LC Disbursement in full when due pursuant to paragraph (e) of this

Section, then Section 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be paid to the Administrative

Agent, for the account of the applicable Issuing Bank, except that interest accrued on and after the date of payment by any Revolving

Lender pursuant to paragraph (e) of this Section to reimburse such Issuing Bank shall be for the account of such Lender to

the extent of such payment, and shall be payable on demand or, if no demand has been made, on the date on which the Borrower reimburses

the applicable LC Disbursement in full.

(i) Cash

Collateralization. If any Event of Default shall occur and be continuing, on the Business Day on which the Borrower receives

notice from the Administrative Agent or the Required Lenders (or, if the maturity of the Loans has been accelerated, a Majority in

Interest of the Revolving Lenders) demanding the deposit of cash collateral pursuant to this paragraph, the Borrower shall deposit

in an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Revolving Lenders,

an amount in cash (in the currency of each applicable Letter of Credit) equal to the LC Exposure of the Revolving Lenders with

respect to the Letters of Credit issued on behalf of the Borrower as of such date plus any accrued and unpaid interest thereon; provided

that the obligation to deposit such cash collateral shall become effective immediately, and such deposit shall become immediately

due and payable, without demand or other notice of any kind, upon the occurrence of any Event of Default with respect to the

Borrower described in clause (h) or (i) of Section 7.01. The Borrower also shall deposit cash collateral in

accordance with this paragraph as and to the extent required by Section 2.11(b), 2.20(c) or 2.22(c). Each such deposit

shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of the Borrower under

this Agreement. The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal,

over such account. Other than any interest earned on the investment of such deposits, which investments shall be made at the option

and sole discretion of the Administrative Agent and at the Borrower’s risk and expense, such deposits shall not bear interest.

Interest or profits, if any, on such investments shall accumulate in such account. Notwithstanding the terms of any Security

Document, moneys in such account shall be applied by the Administrative Agent to reimburse the Issuing Banks for LC Disbursements

for which they have not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of the reimbursement

obligations of the Borrower for the LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to

(i) the consent of a Majority in Interest of the Revolving Lenders (treating the Classes of Revolving Commitments and Revolving

Loans as one Class) and (ii) in the case of any such application at a time when any Revolving Lender is a Defaulting Lender

(but only if, after giving effect thereto, the remaining cash collateral shall be less than the aggregate LC Exposure of all the

Defaulting Lenders), the consent of each Issuing Bank), be applied to satisfy other obligations of the Borrower under this

Agreement. If the Borrower is required to provide an amount of cash collateral hereunder as a result of the occurrence of an Event

of Default, such amount (to the extent not applied as aforesaid) shall be returned to the Borrower within three Business Days after

all Events of Default have been cured or waived. If the Borrower is required to provide an amount of cash collateral hereunder

pursuant to Section 2.11(b), such amount (to the extent not applied as aforesaid) shall be returned

to the Borrower to the

extent that, after giving effect to such return, the Aggregate Revolving Exposure in respect of the Revolving Commitments or

Revolving Loans would not exceed the Aggregate Revolving Commitment and no Default shall have occurred and be continuing. If the

Borrower is required to provide an amount of cash collateral hereunder pursuant to Section 2.20(c), such amount (to the extent

not applied as aforesaid) shall be returned to the Borrower to the extent that, after giving effect to such return, no Issuing Bank

shall have any exposure in respect of any outstanding Letter of Credit that is not fully covered by the Revolving Commitments of the

non-Defaulting Lenders and/or the remaining cash collateral and no Default shall have occurred and be continuing.

(j) Designation of

Additional Issuing Banks. The Borrower may, at any time and from time to time with notice to the Administrative Agent, designate

as additional Issuing Banks one or more Revolving Lenders, that agree to serve in such capacity as provided below. The acceptance by

a Revolving Lender of an appointment as an Issuing Bank hereunder shall be evidenced by an agreement, which shall be in form and

substance reasonably satisfactory to the Administrative Agent and the Borrower, executed by the Borrower, the Administrative Agent

and such designated Revolving Lender and, from and after the effective date of such agreement, (i) such Revolving Lender shall

have all the rights and obligations of an Issuing Bank under this Agreement and (ii) references herein to the term

“Issuing Bank” shall be deemed to include such Revolving Lender in its capacity as an issuer of Letters of Credit

hereunder.

(k) Resignation or

Termination of an Issuing Bank. Any Issuing Bank may resign as a “Issuing Bank” hereunder upon 30 days’ prior

written notice to the Administrative Agent, the Lenders, and the Borrower; provided that on or prior to the expiration of

such 30-day period with respect to such resignation, the relevant Issuing Bank shall have identified a successor Issuing Bank

reasonably acceptable to the Borrower willing to accept its appointment as successor Issuing Bank and the effectiveness of such

resignation shall be conditioned upon such successor assuming the rights and duties of the Issuing Bank. In the event of any such

resignation as Issuing Bank, the Borrower shall be entitled to appoint from among the Lenders a successor Issuing Bank hereunder; provided, however,

that no failure by the Borrower to appoint any such successor shall affect the resignation of the resigning Issuing Bank except as

expressly provided above. The Borrower may terminate the appointment of any Issuing Bank as an “Issuing Bank” hereunder

by providing a written notice thereof to such Issuing Bank, with a copy to the Administrative Agent. Any such termination shall

become effective upon the earlier of (i) such Issuing Bank acknowledging receipt of such notice and (ii) the third

Business Day following the date of the delivery thereof; provided that no such termination shall become effective until and

unless the LC Exposure attributable to Letters of Credit issued by such Issuing Bank (or its Affiliates) shall have been reduced to

zero. At the time any such resignation or termination shall become effective, the Borrower shall pay all unpaid fees accrued for the

account of the resigning or terminated Issuing Bank pursuant to Section 2.12(b). Notwithstanding the effectiveness of any such

resignation or termination, the resigning or terminated Issuing Bank shall remain a party hereto and shall continue to have all the

rights of an Issuing Bank under this Agreement with respect to Letters of Credit issued by it prior to such resignation or

termination, but shall not be required to issue any additional Letters of Credit.

(l) Issuing Bank

Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each Issuing Bank shall, in addition

to its notification obligations set forth elsewhere in this Section, report in writing to the Administrative Agent (i) periodic

activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit

issued by such Issuing Bank, including all issuances, extensions, amendments and renewals, all expirations and cancelations and all

disbursements and

reimbursements, (ii) reasonably prior to the time that such Issuing Bank issues, amends, renews or extends

any Letter of Credit, the date of such issuance, amendment, renewal or extension, and the stated amount of the Letters of Credit

issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension

(and whether the amounts thereof shall have changed), (iii) on each Business Day on which such Issuing Bank makes any LC

Disbursement, the date and amount of such LC Disbursement, (iv) on any Business Day on which the Borrower fails to reimburse an

LC Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the currency and amount of

such LC Disbursement and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably

request as to the Letters of Credit issued by such Issuing Bank.

(m) LC Exposure Determination.

For all purposes of this Agreement, the amount of a Letter of Credit that, by its terms or the terms of any document related thereto,

provides for one or more automatic increases in the stated amount thereof shall be deemed to be the maximum stated amount of such Letter

of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at the time of determination.

For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still

be drawn thereunder by any reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding”

in the amount so remaining available to be drawn.

SECTION 2.06. Funding

of Borrowings. (a) Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer

of immediately available funds by 1:00 p.m., Local Time, to the account of the Administrative Agent most recently designated by it for

such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Borrower by promptly crediting the

amounts so received, in like funds, to an account of the Borrower and designated by the Borrower in the applicable Borrowing Request;

provided that ABR Revolving Loans made to finance the reimbursement of an LC Disbursement denominated in dollars as provided in

Section 2.05(e) shall be remitted by the Administrative Agent to the applicable Issuing Bank or, to the extent that Revolving

Lenders have made payments pursuant to Section 2.05(e) to reimburse such Issuing Bank, then to such Revolving Lenders and such

Issuing Bank as their interests may appear.

(b) Unless the

Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing that such Lender will not

make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that

such Lender has made such share available on such date in accordance with paragraph (a) of this Section and may, in

reliance upon such assumption and in its sole discretion, make available to the Borrower a corresponding amount. In such event, if a

Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender

and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount with interest

thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment

to the Administrative Agent, at (i) in the case of such Lender, (A) in the case of Loans denominated in dollars, the

greater of the NYFRB Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on

interbank compensation and (B) in the case of Loans denominated in a Permitted Foreign Currency, the rate determined by the

Administrative Agent to be the cost to it of funding such amount (which determination will be conclusive absent manifest error) or

(ii) in the case of the Borrower, the interest rate applicable to (A) in the case of Loans denominated in dollars, ABR

Loans of the applicable Class

and (B) in the case of Loans denominated in a Permitted Foreign Currency, the interest rate

applicable to the subject Loan pursuant to Section 2.13. If the Borrower and such Lender shall pay such interest to the

Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount

of such interest paid by the Borrower for such period. If such Lender pays such amount to the Administrative Agent, then such amount

shall constitute such Lender’s Loan included in such Borrowing.

SECTION 2.07. Interest

Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Borrowing Request or designated by Section 2.03

and, in the case of a Term Benchmark Borrowing, shall have an initial Interest Period as specified in such Borrowing Request or designated

by Section 2.03. Thereafter, the Borrower may elect to convert such Borrowing to a Borrowing of a different Type (provided that Term

Benchmark Borrowings denominated in a Permitted Foreign Currency may not be converted into ABR Borrowings but instead must be prepaid

in the original currency of such Loan) or to continue such Borrowing and, in the case of a Term Benchmark Borrowing, may elect Interest

Periods therefor, all as provided in this Section. The Borrower may elect different options with respect to different portions of the

affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing,

and the Loans comprising each such portion shall be considered a separate Borrowing.

(b) To make an election

pursuant to this Section, the Borrower shall notify the Administrative Agent of such election in writing by the time that a Borrowing

Request would be required under Section 2.03 if the Borrower were requesting a Revolving Borrowing of the Type resulting from such

election to be made on the effective date of such election. Each such Interest Election Request shall be irrevocable and shall be confirmed

promptly by hand delivery, facsimile or other electronic transmission to the Administrative Agent of a written Interest Election Request

signed by a Financial Officer of the Borrower.

Request shall specify the following information in compliance with Section 2.02:

(i) the

Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions

thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to clauses

(iii) and (iv) below shall be specified for each resulting Borrowing);

(ii) the

effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day;

(iii) whether

the resulting Borrowing is to be an ABR Borrowing or a Term Benchmark Borrowing; and

(iv) if

the resulting Borrowing is to be a Term Benchmark Borrowing, the Interest Period to be applicable thereto after giving effect to such

election, which shall be a period contemplated by the definition of the term “Interest Period”.

If any such Interest Election Request requests

a Term Benchmark Borrowing but does not specify an Interest Period, then the Borrower shall be deemed to have selected an Interest Period

of one month’s duration.

(d) Promptly following

receipt of an Interest Election Request, the Administrative Agent shall advise each Lender of the applicable Class of the details

thereof and of such Lender’s portion of each resulting Borrowing.

(e) If the Borrower fails

to deliver a timely Interest Election Request with respect to a Term Benchmark Borrowing prior to the end of the Interest Period applicable

thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period (i) in the case of a Term Benchmark

Borrowing denominated in dollars, such Borrowing shall be converted to an ABR Borrowing and (ii) in the case of a Term Benchmark

Borrowing denominated in a Permitted Foreign Currency, such Borrowing shall be continued as a Borrowing of the applicable Type for an

Interest Period of one month. Notwithstanding any contrary provision hereof, if an Event of Default under clause (h) or (i) of

Section 7.01 has occurred and is continuing with respect to the Borrower, or if any other Event of Default has occurred and is continuing

and the Administrative Agent, at the request of a Majority in Interest of the Lenders of any Class has notified the Borrower of the

election to give effect to this sentence on account of such other Event of Default, then, in each such case, so long as such Event of

Default is continuing, (i) no outstanding Borrowing (or Borrowing of the applicable Class, as applicable) denominated in dollars

may be converted to or continued as a Term Benchmark Borrowing, (ii) unless repaid, each Term Benchmark Borrowing (or Term Benchmark

Borrowing of the applicable Class, as applicable) shall be converted to an ABR Borrowing at the end of the Interest Period applicable

thereto and (iii) unless repaid, each Term Benchmark Borrowing denominated in a Permitted Foreign Currency shall be continued as

a Term Benchmark Borrowing with an Interest Period of one month’s duration.

SECTION 2.08. Termination

and Reduction of Commitments. (a) Unless previously terminated, (i) the Term B Commitments shall automatically terminate

and be reduced to $0 on the Effective Date upon the making (or deemed making) of the Term B Loans and (ii) the Revolving Commitments

shall automatically terminate and be reduced to $0 on the Revolving Maturity Date.

(b) The Borrower may at

any time terminate, or from time to time permanently reduce, the Commitments of any Class; provided that (i) each partial

reduction of the Commitments of any Class shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000

and (ii) the Borrower shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment

of the Revolving Loans in accordance with Section 2.11, the Aggregate Revolving Exposure would exceed the Aggregate Revolving Commitment.

shall notify the Administrative Agent of any election to terminate or reduce the Commitments under paragraph (b) of this

Section at least three Business Days prior to the effective date of such termination or reduction, specifying such election and

the effective date thereof. Promptly following receipt of any such notice, the Administrative Agent shall advise the Lenders of the

applicable Class of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be

irrevocable; provided that a notice of termination or reduction of the Revolving Commitments delivered under this paragraph

may state that such notice is conditioned upon the occurrence of one or more events specified therein, in which case such notice may

be revoked by the Borrower (by notice to the Administrative Agent on or prior

to the specified effective date) if such condition is

not satisfied. Any termination or reduction of the Commitments of any Class shall be permanent. Each reduction of the

Commitments of any Class shall be made ratably among the Lenders in accordance with their respective Commitments of such

Class.

SECTION 2.09. Repayment

of Loans; Evidence of Debt. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for

the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made by such Revolving Lender to the Borrower

on the Revolving Maturity Date, (ii) to the Administrative Agent for the account of each Term B Lender the then unpaid principal

amount of each Term B Loan made (or deemed to have been made) by such Term B Lender to the Borrower on the Term B Maturity Date and (iii) to

the Administrative Agent for the account of each Term B Lender the then unpaid principal amount of each Term B Loan made (or deemed to

have been made) by such Term B Lender to the Borrower as provided in Section 2.10.

(b) Each

Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to such

Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from

time to time hereunder. The records maintained by the Administrative Agent and the Lenders shall be prima facie evidence

of the existence and amounts of the obligations of the Borrower in respect of Loans made to the Borrower, LC Disbursements, interest and

fees due or accrued, in each case, with respect to the Borrower hereunder; provided that the failure of the Administrative Agent

or any Lender to maintain such records or any error therein shall not in any manner affect the obligation of the Borrower to pay any amounts

due hereunder in accordance with the terms of this Agreement. In the event of any inconsistency between the entries made pursuant to paragraphs

(b) and (c) of this Section 2.09, the accounts maintained by the Administrative Agent maintained pursuant to paragraph

Agent shall, in connection with maintenance of the Register in accordance with Section 9.04(b)(iv) maintain accounts in which

it shall record (i) the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period applicable thereto,

(ii) the amount of any principal, premium, interest or fees due and payable or to become due and payable from the Borrower to each

Lender hereunder and (iii) the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and

each Lender’s share thereof.

(d) Any Lender may

request that Loans of any Class made by it be evidenced by a promissory note. In such event, the Borrower of such Loans shall

prepare, execute and deliver to such Lender a promissory note payable to such Lender (or, if requested by such Lender, to such

Lender and its registered assigns) and in a form approved by the Administrative Agent. Thereafter, the Loans evidenced by such

promissory note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by

one or more promissory notes in such form payable to the order of the payee named therein (or, if such promissory note is a

registered note, to such payee and its registered assigns).

SECTION 2.10. Amortization

of Term B Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay to the Administrative

Agent, for the account of each Term B Lender, Term B Borrowings on each date set forth below in the aggregate principal amount set forth

opposite such date (provided that if any such date is not a Business Day, such payment shall be due on the immediately preceding Business

Day):

Date

Amount

June 30, 2026

$ 2,500,000.00

September 30, 2026

$ 2,500,000.00

December 31, 2026

$ 2,500,000.00

March 31, 2027

$ 2,500,000.00

June 30, 2027

$ 2,500,000.00

September 30, 2027

$ 2,500,000.00

December 31, 2027

$ 2,500,000.00

March 31, 2028

$ 2,500,000.00

June 30, 2028

$ 2,500,000.00

September 30, 2028

$ 2,500,000.00

December 31, 2028

$ 2,500,000.00

March 31, 2029

$ 2,500,000.00

June 30, 2029

$ 2,500,000.00

September 30, 2029

$ 2,500,000.00

December 31, 2029

$ 2,500,000.00

March 31, 2030

$ 2,500,000.00

June 30, 2030

$ 2,500,000.00

September 30, 2030

$ 2,500,000.00

December 31, 2030

$ 2,500,000.00

March 31, 2031

$ 2,500,000.00

June 30, 2031

$ 2,500,000.00

September 30, 2031

$ 2,500,000.00

December 31, 2031

$ 2,500,000.00

March 31, 2032

$ 2,500,000.00

June 30, 2032

$ 2,500,000.00

Term B Maturity Date

Balance

of any remaining outstanding principal

amount of Term B Loans

(b) To the extent not previously

paid, the Borrower shall pay to the Administrative Agent for the account of the Term B Lenders the then unpaid principal amount of the

Term B Loans on the Term B Maturity Date.

Borrower of a Term Borrowing of any Class shall be applied to reduce the subsequent scheduled repayments of the Term Borrowings of

such Class to be made pursuant to this Section as directed in writing by the Borrower (or absent such direction, in direct order

of maturity thereof); provided that (A) any prepayment of any Class of Incremental Term Borrowings shall be applied to

subsequent scheduled repayments as provided in the applicable Incremental Facility Amendment, (B) any prepayment of Term Borrowings

of any Class contemplated by Section 2.23 shall be applied to subsequent scheduled repayments as provided in such Section, (C) mandatory

prepayments of Term Borrowings shall be applied to scheduled repayments of such Term Borrowings in direct order of maturity and (D) if

any Lender elects to decline a mandatory prepayment of a Term Borrowing in accordance with Section 2.11(f), then the portion of such

prepayment not so declined shall be applied to reduce the subsequent repayments of such Term Borrowing to be made pursuant to this Section ratably

based on the amount of such scheduled repayments.

(d) Prior to any repayment

of any Term Borrowings of any Class under this Section, the Borrower shall select the Borrowing or Borrowings of the applicable

Class to be repaid and shall notify the Administrative Agent in writing (via hand delivery, facsimile or other electronic imaging)

of such selection not later than 12:00 p.m., New York City time, two Business Days before the scheduled date of such repayment. Each

repayment of a Term Borrowing shall be applied ratably to the Loans included in the repaid Term Borrowing. Repayments of Term Borrowings

shall be accompanied by accrued interest on the amount repaid.

SECTION 2.11. Prepayment

of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing, in whole or in part,

without premium or penalty (except as set forth in clause (h) of this Section 2.11), subject to Section 2.16.

(b) In the event and on

each occasion that the Aggregate Revolving Exposure exceeds the Aggregate Revolving Commitment, the Borrower shall prepay its Revolving

Borrowings (or, if no such Revolving Borrowings are outstanding, deposit cash collateral in an account with the Administrative Agent in

accordance with Section 2.05(i)) in an aggregate amount equal to such excess.

each occasion that any Net Proceeds are received by or on behalf of the Borrower or any Restricted Subsidiary in respect of any Prepayment

Event (including by the Administrative Agent as loss payee in respect of any Prepayment Event described in clause (b) of the definition

of the term “Prepayment Event”), the Borrower shall, within five Business Days after such Net Proceeds are received, prepay

Term Borrowings in an aggregate amount equal to (i) in the case of any event described in clause (a) or (b) of the definition

of the term “Prepayment Event”, the Specified Net Proceeds Percentage or (ii) in the case of any event described in

clause (c) of the definition of the term “Prepayment Event”, 100%, in each case of the foregoing clauses (i) and

(ii), of the amount of such Net Proceeds (provided that if the Borrower or any of its Restricted Subsidiaries has incurred Indebtedness

that is permitted under Section 6.01 that is secured, on an equal and ratable basis with the Term Loans,

by a Lien on the Collateral permitted under Section 6.02, and such Indebtedness is

required to be prepaid or redeemed with the Net Proceeds of any event described in clause (a) or (b) of the definition of

the term “Prepayment Event”, then by such lesser percentage of such Net Proceeds such that such Indebtedness receives no

greater than a ratable percentage of such Net Proceeds based upon the aggregate principal amount of the Term Loans and such

Indebtedness then outstanding) (such Net Proceeds amount, as reduced in accordance with the proviso to this paragraph (c), the

“Net Proceeds Prepayment Amount”); provided that, in the case of any event described in clause (a) or

(b) of the definition of the term “Prepayment Event” and so long as no Event of Default under Section 7.01(a),

7.01(b) or, solely with respect to the Borrower, Section 7.01(h) or 7.01(i) has occurred and be continuing if

the Borrower shall, on or prior to the date of the required prepayment, deliver to the Administrative Agent a certificate of a

Financial Officer to the effect that the Borrower intend to cause the Net Proceeds from such event (or a portion thereof specified

in such certificate) to be applied within 365 days after receipt of such Net Proceeds to be reinvested

in the business of the Borrower or its Restricted Subsidiaries, or to enter into an acquisition permitted by this Agreement, then no

prepayment shall be required pursuant to this paragraph in respect of the Net Proceeds in respect of such event (or the portion of

such Net Proceeds specified in such certificate, if applicable) except to the extent of any such Net Proceeds that have not been so

applied by the end of such 365- day period (or within a period of 180 days thereafter if by the end of such initial 365-day period

the Borrower or one or more Restricted Subsidiaries shall have committed to invest such proceeds), at which time a prepayment shall

be required in an amount equal to such Net Proceeds that have not been so applied.

(d) Following the end

of each fiscal year of the Borrower, commencing with the fiscal year ending December 31, 2026, the Borrower shall prepay Term

Borrowings in an aggregate amount equal to the Specified ECF Percentage of Excess Cash Flow for such fiscal year (such amount, as

reduced in accordance with the provisos to this paragraph (d), the “ECF Sweep Amount”); provided that no

such payment shall be required if such amount is equal to or less than $100,000,000; provided further that such amount shall

be reduced by the aggregate amount of prepayments of Term Borrowings and Revolving Borrowings (but only to the extent accompanied by

a permanent reduction of the corresponding Commitment) made pursuant to paragraph (a) of this Section during such fiscal

year (and, at the Borrower’s option (and without deducting such amounts against the subsequent fiscal year’s prepayment

computation pursuant to this paragraph (d)), after the end of such fiscal year but prior to the date on which the prepayment

pursuant to this Section 2.11(d) for such fiscal year is required to have been made); provided further that, in the

case of any Term Loan prepaid in connection with the purchase thereof by a Purchasing Borrower Party pursuant to

Section 9.04(e) at a discount to par, the prepayment required pursuant to this Section 2.11(d) shall be reduced,

with respect to the prepayment of such Term Loan, only by the actual amount of cash paid to the applicable Lender or Lenders in

connection with such purchase; provided, further, that such amount shall be reduced by the aggregate amount of Capital

Expenditures and Investments (other than Investments in Permitted Investments and acquisitions permitted or not prohibited by this

Agreement, to the extent that such Investments and acquisitions are made for bona fide business purposes in Persons that are not

Restricted Subsidiaries), in each case, permitted under this Agreement, made in cash during such fiscal year (and, at the

Borrower’s option (and without deducting such amounts against the subsequent fiscal year’s prepayment computation

pursuant to this paragraph (d)), after the end of such fiscal year but prior to the date on which the prepayment pursuant to this

Section 2.11(d) for such fiscal year is required to have been made) to the extent not financed with the proceeds of

Long-Term Indebtedness. Each prepayment pursuant to this paragraph shall be made on or before the date on which financial statements

are delivered pursuant to Section 5.01(a) with respect to the fiscal year for which Excess Cash Flow is being calculated

(and in any event not

later than the last day on which such financial statements may be delivered in compliance with such

Section).

(e) Notwithstanding any

other provisions of Section 2.11(c) or (d), (A) to the extent that any of or all the Net Proceeds of any Prepayment Event

by or Excess Cash Flow of a Foreign Subsidiary of the Borrower giving rise to a prepayment pursuant to Section 2.11(c) or (d) (a

“Foreign Prepayment Event”) are prohibited or delayed by applicable local law from being repatriated to the Borrower,

the portion of such Net Proceeds or Excess Cash Flow so affected will not be required to be taken into account in determining the amount

to be applied to repay Term Loans at the times provided in Section 2.11(c) or (d), as the case may be, and such amounts may

be retained by such Subsidiary, and once the Borrower has determined in good faith that such repatriation of any of such affected Net

Proceeds or Excess Cash Flow is permitted under the applicable local law, then the amount of such Net Proceeds or Excess Cash Flow will

be taken into account as soon as practicable in determining the amount to be applied (net of additional taxes payable or reserved if such

amounts were repatriated) to the repayment of the Term Loans pursuant to Section 2.11(c) or (d), as applicable, (B) to

the extent that and for so long as the Borrower has determined in good faith that repatriation of any of or all the Net Proceeds of any

Foreign Prepayment Event or Excess Cash Flow would have a material adverse tax or cost consequence with respect to such Net Proceeds or

Excess Cash Flow, the amount of Net Proceeds or Excess Cash Flow so affected will not be required to be taken into account in determining

the amount to be applied to repay Term Loans at the times provided in Section 2.11(c) or Section 2.11(d), as the case may

be, and such amounts may be retained by such Subsidiary; provided that when the Borrower determines in good faith that repatriation

of any of or all the Net Proceeds of any Foreign Prepayment Event or Excess Cash Flow would no longer have a material adverse tax consequence

with respect to such Net Proceeds or Excess Cash Flow, such Net Proceeds or Excess Cash Flow shall be taken into account as soon as practicable

in determining the amount to be applied (net of additional taxes payable or reserved against if such amounts were repatriated) to the

repayment of the Term Loans pursuant to Section 2.11(c) or Section 2.11(d), as applicable, and (C) to the extent that

and for so long as the Borrower has determined in good faith that repatriation of any of or all the Net Proceeds of any Foreign Prepayment

Event or Excess Cash Flow would give rise to a risk of liability for the directors of such Subsidiary, the Net Proceeds or Excess Cash

Flow so affected will not be required to be taken into account in determining the amount to be applied to repay Term Loans at the times

provided in Section 2.11(c) or Section 2.11(d), as the case may be, and such amounts may be retained by such Subsidiary.

(f) Prior to any

optional prepayment of Borrowings under this Section, the Borrower shall select the Borrowing or Borrowings to be prepaid and shall

specify such selection in the notice of such prepayment delivered pursuant to paragraph (g) of this Section. In the event of

any mandatory prepayment of Term Borrowings made at a time when Term Borrowings of more than one Class remain outstanding, the

aggregate amount of such prepayment shall be allocated among the Term Borrowings (and, to the extent provided in the Incremental

Facility Amendment for any Class of Incremental Term Loans, the Borrowings of such Class) pro rata based on the aggregate

principal amount of outstanding Borrowings of each such Class; provided that any Term Lender (and, to the extent provided in

the Incremental Facility Amendment for any Class of Incremental Term Loans, any Lender that holds Incremental Term Loans of

such Class) may elect, by notice to the Administrative Agent in writing (via hand delivery, facsimile or other electronic imaging)

at least one Business Day prior to the required prepayment date, to decline all or any portion of any prepayment of its Loans

pursuant to this Section (other than (x) an optional prepayment pursuant to paragraph (a) of this Section or

(y) a mandatory prepayment triggered by an event described in clause (c) of the definition of the term “Prepayment

Event”,

neither of which may be declined),

in which case the aggregate amount of the prepayment that would have been applied to prepay such Loans may be retained by the Borrower.

(g) The Borrower shall

notify the Administrative Agent in writing (via hand delivery, facsimile or other electronic imaging) of any optional prepayment and,

to the extent practicable, any mandatory prepayment hereunder (i) in the case of a prepayment of a Term Benchmark Borrowing, not

later than 11:00 a.m., Local Time, three Business Days before the date of prepayment or (ii) in the case of a prepayment of an ABR

Borrowing, not later than 11:00 a.m., New York City time, one Business Day before the date of prepayment. Each such notice shall be irrevocable

and shall specify the prepayment date, the principal amount of each Borrowing or portion thereof to be prepaid and, in the case of a mandatory

prepayment, a reasonably detailed calculation of the amount of such prepayment; provided that (A) if a notice of optional

prepayment is given in connection with a conditional notice of termination of the Revolving Commitments as contemplated by Section 2.08,

then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.08 and (B) a

notice of prepayment of Term Borrowings pursuant to paragraph (a) of this Section may state that such notice is conditioned

upon the occurrence of one or more events specified therein, in which case such notice may be revoked by the Borrower (by notice to the

Administrative Agent on or prior to the specified date of prepayment) if such condition is not satisfied. Promptly following receipt of

any such notice, the Administrative Agent shall advise the Lenders of the applicable Class of the contents thereof. Each partial

prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as

provided in Section 2.02, except as necessary to apply fully the required amount of a mandatory prepayment. Each prepayment of a

Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest

to the extent required by Section 2.13.

(h) (I) All (i) prepayments

of Term B Loans effected on or prior to the six-month anniversary of the Effective Date with the proceeds of a Repricing Transaction,

and (ii) amendments, amendments and restatements or other modifications of this Agreement on or prior to the six-month anniversary

of the Effective Date, the effect of which is a Repricing Transaction, shall be accompanied by a fee payable for the ratable account of

each of the applicable Term B Lenders in an amount equal to 1.00% of the aggregate principal amount of the Term B Borrowings so prepaid

in the case of a transaction described in clause (i) of this paragraph, or 1.00% of the aggregate principal amount of the Term B

Borrowings affected by such amendment, amendment and restatement or other modification in the case of a transaction described in clause

(ii) of this paragraph. Such fee shall be paid by the Borrower to the Administrative Agent, for the account of the Term B Lenders

of the applicable Class, on the date of such prepayment.

(II) (i) If the Spin-

Off has not occurred on or prior to the earlier of (x) November 7, 2025 and (y) the date on which Honeywell or the Borrower

notifies the Administrative Agent in writing that the Spin-Off will not occur (such date, the “Deadline”), then (i) the

Revolving Commitments shall terminate at such time and (ii) the Borrower shall (A) prepay no later than three Business Days

following the Deadline in full in immediately available funds the aggregate outstanding principal amount of the Loans then outstanding

at par plus accrued interest, and pay all other amounts payable in respect of the Loan Document Obligations and (B) cash collateralize

any outstanding Letters of Credit in accordance with Section 2.05(i).

SECTION 2.12. Fees. (a) The

Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than a Defaulting Lender) in

accordance

with its Pro Rata Share of

the Aggregate Revolving Commitments for the period from and including the Effective Date to but excluding the date on which the Revolving

Commitments terminate (or are otherwise reduced to zero), a commitment fee which shall accrue at the Applicable Rate on the average daily

unused amount of the aggregate Revolving Commitment of such Revolving Lender. Such accrued commitment fees accrued through and including

the last day of March, June, September and December of each year shall be payable in arrears on the fifteenth day following

such last day and on the date on which all the Revolving Commitments terminate, commencing on the first such date to occur after the

Effective Date. For purposes of computing commitment fees, a Revolving Commitment of a Lender shall be deemed to be used to the extent

of the outstanding Revolving Loans and LC Exposure of such Lender.

(b) The Borrower agrees

to pay (i) to the Administrative Agent for the account of each Revolving Lender a participation fee with respect to its participations

in Letters of Credit, which shall accrue at the same Applicable Rate then used to determine the interest rate applicable to Term Benchmark

Revolving Loans on the average daily amount of such Lender’s aggregate LC Exposure (excluding any portion thereof attributable to

unreimbursed LC Disbursements) during the period from and including the Effective Date to but excluding the later of the date on which

all of such Lender’s Revolving Commitments terminate and the date on which such Lender ceases to have any LC Exposure and (ii) to

each Issuing Bank a fronting fee, which shall accrue at a rate per annum equal to 0.125% on the average daily amount of the LC Exposure

attributable to Letters of Credit issued by such Issuing Bank (excluding any portion thereof attributable to unreimbursed LC Disbursements)

during the period from and including the Effective Date to but excluding the later of the date of termination of all the Revolving Commitments

and the date on which there ceases to be any such LC Exposure, as well as such Issuing Bank’s standard fees with respect to the

issuance, amendment, renewal or extension of any Letter of Credit or processing of drawings thereunder. Participation fees and fronting

fees accrued through and including the last day of March, June, September and December of each year shall be payable on the

fifteenth day following such last day, commencing on the first such date to occur after the Effective Date; provided that all such

fees shall be payable on the date on which all the Revolving Commitments terminate and any such fees accruing after the date on which

all the Revolving Commitments terminate shall be payable on demand. Any other fees payable to an Issuing Bank pursuant to this paragraph

shall be payable within 10 days after demand.

to pay to the Administrative Agent, for its own account, fees payable in the amounts and at the times separately agreed upon between the

Borrower and the Administrative Agent.

(d) The Borrower agrees

to pay to the Arrangers and the Administrative Agent, for the account of each applicable Arranger and Lender, such other fees as shall

have been separately agreed upon in writing (including pursuant to the Fee Letters and including upfront fees, which may be in the form

of original issues discounts to the Loans) in the amounts and at the times so specified.

(e) All fees payable hereunder

shall be paid on the dates due, in immediately available funds, to the Administrative Agent (or to the applicable Issuing Bank, in the

case of fees payable to it) for distribution, in the case of commitment fees and participation fees, to the Revolving Lenders entitled

thereto. Fees paid hereunder shall not be refundable under any circumstances.

(f) All commitment fees, participation fees,

fronting fees and other fees payable

pursuant to this Section 2.12 and all interest shall be computed on the basis of a year of

360 days, except that interest computed by reference to the Alternate Base Rate at times when the Alternate Base Rate is based on

the Prime Rate shall be computed on the basis of a year of 365 days (or 366 days in a leap year), and shall be payable for the

actual number of days elapsed (including the first day but excluding the last day).

SECTION 2.13. Interest.

(a) The Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Rate.

(b) The Loans comprising

each Term Benchmark Borrowing shall bear interest at the Adjusted Term SOFR Rate for the Interest Period in effect for such Borrowing

plus the Applicable Rate.

the foregoing, if any principal of or interest on any Loan or any fee or other amount payable by the Borrower hereunder is not paid

when due, whether at stated maturity, upon acceleration or otherwise, and an Event of Default under Section 7.01(a), (b),

(h) or (i) shall have occurred and be continuing, such overdue amount shall bear interest, on and from such date, at a

rate per annum equal to (i) in the case of overdue principal of any Loan, 2.00% per annum plus the rate otherwise applicable to

such Loan as provided in the preceding paragraphs of this Section or (ii) in the case of any other overdue amount, 2.00%

per annum plus the rate applicable to ABR Revolving Loans as provided in paragraph (a) of this Section. Payment or acceptance

of the increased rates of interest provided for in this paragraph (c) is not a permitted alternative to timely payment and

shall not constitute a waiver of any Event of Default or otherwise prejudice or limit any rights or remedies of the Administrative

Agent, any Issuing Bank or any Lender.

(d) Accrued interest on

each Loan shall be payable in arrears on each Interest Payment Date for such Loan and, in the case of a Revolving Loan of any Class, upon

termination of the Revolving Commitments of such Class; provided that (i) interest accrued pursuant to paragraph (c) of

this Section shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than a prepayment

of an ABR Revolving Loan prior to the end of the Revolving Availability Period), accrued interest on the principal amount repaid or prepaid

shall be payable on the date of such repayment or prepayment and (iii) in the event of any conversion of a Term Benchmark Loan prior

to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

SECTION 2.14. Alternate Rate of Interest.

(a) Subject to clauses

(b), (d), (e), (f) and (g) of this Section 2.14, if prior to the commencement of any Interest Period for a Term Benchmark

Borrowing of any Class:

(i) the

Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do

not exist for ascertaining the Adjusted Term SOFR Rate or the Term SOFR Rate, as applicable, for the applicable Agreed Currency and such

Interest Period, provided that no Benchmark Transition Event with respect to such Benchmark shall have occurred at such time; or

(ii) the

Administrative Agent is advised by the Required Lenders that the Adjusted Term SOFR Rate or the Term SOFR Rate as applicable, for the

applicable Agreed Currency and such Interest Period will not

adequately and fairly reflect the cost to such Lenders of making or maintaining

their Loans included in such Borrowing for the applicable Agreed Currency and such Interest Period;

then the Administrative Agent

shall give notice thereof to the Borrower and the Lenders by telephone, telecopy or electronic mail as promptly as practicable thereafter

and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer

exist, (A) any Interest Election Request that requests the conversion of any Revolving Borrowing to, or continuation of any Revolving

Borrowing as, a Term Benchmark Borrowing shall be ineffective, (B) if any Borrowing Request requests a Term Benchmark Revolving Borrowing

in dollars, such Borrowing shall be made as an ABR Borrowing and (C) if any Borrowing Request requests a Term Benchmark Borrowing

in a Permitted Foreign Currency, then such request shall be ineffective; provided that if the circumstances giving rise to such notice

affect only one Type of Borrowing, then the other Types of Borrowings shall be permitted. Furthermore, if any Term Benchmark Loan in any

Agreed Currency is outstanding on the date of the Borrower’s receipt of the notice from the Administrative Agent referred to in

this Section 2.14(a) with respect to the Adjusted Term SOFR Rate or the Term SOFR Rate (as applicable) for such Term Benchmark

Loan then (i) if such Term Benchmark Loan is denominated in dollars, then on the last day of the Interest Period applicable to such

Loan (or the next succeeding Business Day if such day is not a Business Day), such Loan shall be converted by the Administrative Agent

to, and shall constitute, an ABR Loan denominated in dollars on such day or (ii) if such Term Benchmark Loan is denominated in any

Agreed Currency (other than dollars), then such Loan shall, on the last day of the Interest Period applicable to such Loan (or the next

succeeding Business Day if such day is not a Business Day), at the Borrower’s election prior to such day: (A) be prepaid by

the Borrower on such day or (B) be converted by the Administrative Agent to, and (subject to the remainder of this subclause (B))

shall constitute, an ABR Loan denominated in dollars (in an amount equal to the Dollar Equivalent of such Agreed Currency) on such day

(it being understood and agreed that if the Borrower does not so prepay such Loan on such day by 12:00 noon, local time, the Administrative

Agent is authorized to effect such conversion of such Term Benchmark Loan into an ABR Loan denominated in dollars), and, in the case of

such subclause (B), upon the Borrower’s receipt of notice from the Administrative Agent that the circumstances giving rise to the

aforementioned notice no longer exist, such ABR Loan denominated in dollars shall then be converted by the Administrative Agent to, and

shall constitute, a Term Benchmark Loan denominated in such original Agreed Currency (in an amount equal to the Permitted Foreign Currency

Equivalent of such Agreed Currency) on the day of such notice being given to the Borrower by the Administrative Agent.

(b) Notwithstanding

anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event and its related Benchmark Replacement

Date have occurred prior to the Reference Time in respect of any setting of the then-current Benchmark, then (x) if a Benchmark

Replacement is determined in accordance with clause (1) of the definition of “Benchmark Replacement" for such

Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan

Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or

consent of any other party to, this Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in

accordance with clause (2) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such

Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark

setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark

Replacement is provided to the Lenders without any amendment to, or further action or consent of any other

party to, this Agreement

or any other Loan Document so long as the Administrative Agent has not received, by such time, written notice of objection to such

Benchmark Replacement from Lenders comprising the Required Lenders. If the Benchmark Replacement is based upon Daily Simple SOFR,

all interest payments will be payable on a monthly basis.

(d)

In connection with the use, administration, adoption or implementation of a Benchmark Replacement, the Administrative Agent will have

the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or

in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any

further action or consent of any other party to this Agreement or any other Loan Document.

(e) The Administrative

Agent will promptly notify the Borrower and the Lenders of (i) any occurrence of a Benchmark Transition Event and its related Benchmark

Replacement Date, (ii) the implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement

Conforming Changes, (iv) the removal or reinstatement of any tenor of a Benchmark pursuant to Section 2.14(f) and (v) the

commencement or conclusion of any Benchmark Unavailability Period. Any determination, decision or election that may be made by the Administrative

Agent or, if applicable, any Lender (or group of Lenders) pursuant to this Section 2.14, including any determination with respect

to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain

from taking any action or any selection, will be conclusive and binding absent manifest error and may be made in its or their sole discretion

and without consent from any other party to this Agreement or any other Loan Document, except, in each case, as expressly required pursuant

to this Section 2.14.

(f) Notwithstanding anything

to the contrary herein or in any other Loan Document, at any time (including in connection with the implementation of a Benchmark Replacement),

(i) if the then-current Benchmark is a term rate (including the Term SOFR Rate) and either (A) any tenor for such Benchmark

is not displayed on a screen or other information service that publishes such rate from time to time as selected by the Administrative

Agent in its reasonable discretion or (B) the regulatory supervisor for the administrator of such Benchmark has provided a public

statement or publication of information announcing that any tenor for such Benchmark is or will be no longer representative, then the

Administrative Agent may modify the definition of “Interest Period” for any Benchmark settings at or after such time to remove

such unavailable or non- representative tenor and (ii) if a tenor that was removed pursuant to clause (i) above either (A) is

subsequently displayed on a screen or information service for a Benchmark (including a Benchmark Replacement) or (B) is not, or is

no longer, subject to an announcement that it is or will no longer be representative for a Benchmark (including a Benchmark Replacement),

then the Administrative Agent may modify the definition of “Interest Period” for all Benchmark settings at or after such time

to reinstate such previously removed tenor.

(g) Upon the Borrower’s

receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any request for a Term Benchmark

Borrowing of, conversion to or continuation of Term Benchmark Loans to be made, converted or continued during any Benchmark Unavailability

Period and, failing that, either (x) the Borrower will be deemed to have converted any request for a Term Benchmark Borrowing denominated

in dollars into a request for a Borrowing of or conversion to ABR Loans or (y) any Term Benchmark Borrowing denominated in a Permitted

Foreign Currency shall be ineffective. During

any Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark

is not an Available Tenor, the component of ABR based upon the then-current Benchmark or such tenor for such Benchmark, as applicable,

will not be used in any determination of ABR. Furthermore, if any Term Benchmark Loan in any Agreed Currency is outstanding on the date

of the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period with respect to the Term SOFR Rate

applicable to such Term Benchmark Loan, then (i) if such Term Benchmark Loan is denominated in dollars, on the last day of the Interest

Period applicable to such Loan (or the next succeeding Business Day if such day is not a Business Day), such Loan shall be converted

by the Administrative Agent to, and shall constitute, an ABR Loan denominated in dollars on such day or (ii) if such Term Benchmark

Loan is denominated in any Agreed Currency (other than dollars), then such Loan shall, on the last day of the Interest Period applicable

to such Loan (or the next succeeding Business Day if such day is not a Business Day), at the Borrower’s election prior to such

day: (A) be prepaid by the Borrower on such day or (B) be converted by the Administrative Agent to, and (subject to the remainder

of this subclause (B)) shall constitute, an ABR Loan denominated in dollars (in an amount equal to the Dollar Equivalent of such Agreed

Currency) on such day (it being understood and agreed that if the Borrower does not so prepay such Loan on such day by 12:00 noon, local

time, the Administrative Agent is authorized to effect such conversion of such Term Benchmark Loan into an ABR Loan denominated in dollars),

and, in the case of such subclause (B), upon any subsequent implementation of a Benchmark Replacement in respect of such Agreed Currency

pursuant to this Section 2.14, such ABR Loan denominated in dollars shall then be converted by the Administrative Agent to, and

shall constitute, a Term Benchmark Loan denominated in such original Agreed Currency (in an amount equal to the Permitted Foreign Currency

Equivalent of such Agreed Currency) on the day of such implementation, giving effect to such Benchmark Replacement in respect of such

Agreed Currency.

SECTION 2.15. Increased Costs. If any Change in

Law shall:

(i) impose,

modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits

with or for the account of, or credit extended or participated in by, any Lender or any Issuing Bank;

(ii) impose

on any Lender or any Issuing Bank any other condition, cost or expense (other than Taxes) affecting this Agreement or Loans made by such

Lender or any Letter of Credit or participation therein; or

(iii) subject

any Recipient to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of

the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments

or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto;

and the result of any of the foregoing shall

be to increase the cost to such Lender or such other Recipient of making, converting to, continuing or maintaining any Loan (or of

maintaining its obligation to make any such Loan) or to increase the cost to such Lender, such Issuing Bank or such other Recipient

of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any

Letter of Credit) or to reduce the amount of any sum received or receivable by such Lender, such Issuing Bank or such other

Recipient hereunder (whether of principal, interest or otherwise), then, from time to time upon request of such Lender, such Issuing

Bank or such other Recipient, the Borrower will pay to such

Lender, such Issuing Bank or such other Recipient, as applicable, such

additional amount or amounts as will compensate such Lender, such Issuing Bank or such other Recipient, as applicable, for such

additional costs or expenses incurred or reduction suffered.

(b) If any Lender or any

Issuing Bank determines that any Change in Law regarding capital or liquidity requirements has had or would have the effect of reducing

the rate of return on such Lender’s or such Issuing Bank’s capital or on the capital of such Lender’s or such Issuing

Bank’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by, or participations

in Letters of Credit held by, such Lender, or the Letters of Credit issued by such Issuing Bank, to a level below that which such Lender

or such Issuing Bank or such Lender’s or such Issuing Bank’s holding company could have achieved but for such Change in Law

(taking into consideration such Lender’s or such Issuing Bank’s policies and the policies of such Lender’s or such Issuing

Bank’s holding company with respect to capital adequacy), then, from time to time upon the request of such Lender or such Issuing

Bank, the Borrower will pay to such Lender or such Issuing Bank, as applicable, such additional amount or amounts as will compensate such

Lender or such Issuing Bank or such Lender’s or such Issuing Bank’s holding company for any such reduction suffered.

Lender or an Issuing Bank setting forth in reasonable detail the amount or amounts necessary to compensate such Lender or such Issuing

Bank or its holding company, as applicable, as specified in paragraph (a) or (b) of this Section and the calculation thereof

shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender or such Issuing Bank,

as applicable, the amount shown as due on any such certificate within 30 days after receipt thereof.

(d) Failure or delay on

the part of any Lender or any Issuing Bank to demand compensation pursuant to this Section shall not constitute a waiver of such

Lender’s or such Issuing Bank’s right to demand such compensation; provided that the Borrower shall not be required

to compensate a Lender or an Issuing Bank pursuant to this Section for any increased costs or expenses incurred or reductions suffered

more than 180 days prior to the date that such Lender or such Issuing Bank, as applicable, notifies the Borrower of the Change in Law

giving rise to such increased costs or expenses or reductions and of such Lender’s or such Issuing Bank’s intention to claim

compensation therefor; provided further that, if the Change in Law giving rise to such increased costs or expenses or reductions

is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof.

(e) Notwithstanding

any other provision of this Section, no Lender or Issuing Bank shall demand compensation for any increased cost or reduction pursuant

to this Section 2.15 if (i) it shall not at the time be the general policy or practice of such Lender or Issuing Bank to demand

such compensation in similar circumstances under comparable provisions of other credit agreements and (ii) such increased cost or

reduction is due to market disruption, unless such circumstances generally affect the banking market and when the Required Lenders have

made such a request.

SECTION 2.16. Break

Funding Payments. In the event of (a) the payment of any principal of any Term Benchmark Loan other than on the last day of

an Interest Period applicable thereto (including as a result of an Event of Default), (b) the conversion of any Term Benchmark

Loan other than on the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or

prepay any Term Benchmark Loan on the date specified in any notice delivered pursuant hereto (whether or not such notice may be

revoked in accordance with the terms hereof) or (d) the assignment of any Term Benchmark Loan other than on the last

day of the

Interest Period applicable thereto as a result of a request by the Borrower pursuant to Section 2.19(b) or 9.02(c), then,

in any such event, the Borrower shall compensate each Lender for the loss, cost and expense attributable to such event (excluding

loss of profit). In the case of a Term Benchmark Loan, such loss, cost or expense to any Lender shall be deemed to include an amount

determined by such Lender. A certificate of any Lender setting forth in reasonable detail any amount or amounts that such Lender is

entitled to receive pursuant to this Section and the reasons therefor, and showing the calculation thereof, shall be delivered

to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any

such certificate within 30 days after receipt thereof. Notwithstanding the foregoing, this Section 2.16 will not apply to

losses, costs or expenses resulting from Taxes.

SECTION 2.17. Taxes.

(a) Payment Free of Taxes. Any and all payments by or on account of any obligation of any Loan Party under this Agreement

or any other Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable law. If any

applicable law (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of

any Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or

withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable

law and, if such Tax is an Indemnified Tax, then an additional amount shall be payable by the applicable Loan Party as necessary so that

after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under

this Section 2.17) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding

been made.

(b) Payment of Other

Taxes by the Loan Parties. The Loan Parties shall timely pay to the relevant Governmental Authority in accordance with applicable

law, or at the option of the Administrative Agent reimburse it for the payment of, any Other Taxes.

As soon as practicable after any payment of Taxes by any Loan Party to a Governmental Authority pursuant to this Section 2.17, such

Loan Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority

evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the

Administrative Agent.

(d) Indemnification

by the Loan Parties. The Loan Parties shall jointly and severally indemnify each Recipient, within 10 days after demand therefor,

for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under

this Section 2.17) payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient and

any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed

or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Borrower

by a Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall

be conclusive absent manifest error.

(e) Indemnification

by the Lenders. Each Lender shall severally indemnify the Administrative Agent, within 10 days after demand therefor, for

(i) any Indemnified Taxes attributable to such Lender (but only to the extent that any Loan Party has not already indemnified

the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Loan Parties to do so), (ii) any

Taxes attributable to such Lender’s failure to

comply with the provisions of Section 9.04(c) relating to the

maintenance of a Participant Register and (iii) any Excluded Taxes attributable to such Lender, in each case that are payable

or paid by the Administrative Agent in connection with this Agreement or any other Loan Document and any reasonable expenses arising

therefrom or with respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant

Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative

Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and apply any and

all amounts at any time owing to such Lender under this Agreement or any other Loan Document or otherwise payable by the

Administrative Agent to such Lender from any other source against any amount due to the Administrative Agent under this

paragraph.

(f) Status of Lenders.

(i) Any Lender that is entitled to an exemption from, or reduction of, withholding Tax with respect to payments made under this Agreement

or any other Loan Document shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the

Borrower or the Administrative Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Administrative

Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably

requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable law or reasonably

requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or

not such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the

preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Section 2.17(f)(ii)(A),

2.17(f)(ii)(B) or 2.17(f)(ii)(D)) shall not be required if in the Lender’s reasonable judgment such completion, execution or

submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial

position of such Lender.

(ii) Without

limiting the generality of the foregoing:

(A) any

Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent on or prior to the date on which such Lender becomes

a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent),

executed copies of IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding Tax;

(B) any Foreign

Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such number of

copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this

Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), whichever of

the following is applicable:

(1) in

the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect

to payments of interest under this Agreement or any other Loan Document, executed copies of IRS Form W-8BEN or Form W-8BEN-E

establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “interest” article of such

tax treaty and (y) with respect to

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any other applicable payments under this Agreement or any other Loan Document, IRS Form W-8BEN

or Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “business

profits” or “other income” article of such tax treaty;

(2)

executed copies of IRS Form W-8ECI;

(3) in

the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c)(3)(B) of the

Code, (x) a certificate substantially in the form of Exhibit J-1

to the effect that such Foreign Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code,

a “10-percent shareholder” of the Borrower within the meaning of Section 871(h)(3)(B) of the Code or a “controlled

foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance Certificate”)

and (y) executed copies of IRS Form W-8BEN or Form W-8BEN-E; or

(4) to the

extent a Foreign Lender is not the beneficial owner, executed copies of IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS

Form W-8BEN or Form W-8BEN-E, a U.S. Tax Compliance Certificate substantially in the form of Exhibit J-2 or Exhibit J-3, IRS

Form W-9 and/or another certification document from each beneficial owner, as applicable; provided that if the Foreign Lender

is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such

Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit J-4 on behalf of each such direct

or indirect partner;

Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such number

of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement

(and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of any

other form prescribed by applicable law as a basis for claiming exemption from, or a reduction in, U.S. federal withholding Tax, duly

completed, together with such supplementary documentation as may be prescribed by applicable law to permit the Borrower or the Administrative

Agent to determine the withholding or deduction required to be made; and

(D) if

a payment made to a Lender under this Agreement or any other Loan Document would be subject to U.S. federal withholding Tax imposed

by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in

Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the Borrower and the

Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the

Administrative Agent such documentation prescribed by applicable law (including as prescribed by

Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the

Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their

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obligations under FATCA

and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct

and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include any amendments made to

FATCA after the Effective Date.

Each Lender agrees that if any

form or certification it previously delivered expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification

or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do so.

(g) Treatment of Certain

Refunds. If any party determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to

which it has been indemnified pursuant to this Section 2.17 (including by the payment of additional amounts paid pursuant to this

Section 2.17), it shall pay to the indemnifying party an amount equal to such refund (but only to the extent of indemnity payments

made under this Section 2.17 with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including

Taxes) of such indemnified party and without interest (other than any interest paid by the relevant Governmental Authority with respect

to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount

paid over pursuant to this paragraph (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) in

the event that such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to the

contrary in this paragraph, in no event will any indemnified party be required to pay any amount to any indemnifying party pursuant to

this paragraph the payment of which would place such indemnified party in a less favorable net after-Tax position than such indemnified

party would have been in if the indemnification payments or additional amounts giving rise to such refund had never been paid. This paragraph

shall not be construed to require any indemnified party to make available its Tax returns (or any other information relating to its Taxes

that it deems confidential) to the indemnifying party or any other Person.

(h) For purposes of this Section 2.17,

the term “Lender” includes any Issuing Bank and the term “applicable law” includes FATCA.

SECTION 2.18. Payments

Generally; Pro Rata Treatment; Sharing of Setoffs. (a) The Borrower shall make each payment required to be made by it hereunder

or under any other Loan Document (whether of principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under

Section 2.15, 2.16 or 2.17, or otherwise) prior to the time expressly required hereunder or under such other Loan Document for such

payment (or, if no such time is expressly required, prior to 1:00 p.m., New York City time), on the date when due, in immediately available

funds, without any defense, setoff, recoupment or counterclaim. Any amounts received after such time on any date may, in the discretion

of the Administrative Agent, be deemed to have been received on the next succeeding Business Day for purposes of calculating interest

thereon. All such payments shall be made to such account or accounts as may be specified by the Administrative Agent, except that payments

required to be made directly to any Issuing Bank shall be so made, payments pursuant to Sections 2.15, 2.16, 2.17 and 9.03 shall be made

directly to the Persons entitled thereto and payments pursuant to other Loan Documents shall be made to the Persons specified therein.

The Administrative Agent shall distribute any such payment received by it for the account of any other Person to the appropriate recipient

promptly following receipt thereof. If any payment under this Agreement or any other Loan Document shall be due on a day that is not

a Business Day, the date for payment shall be

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extended to the next succeeding Business Day and, in the case of any payment accruing interest,

interest thereon shall be payable for the period of such extension. All payments hereunder of principal or interest in respect of any

Loan or LC Disbursement shall, except as otherwise expressly provided herein, be made in the currency of such Loan or LC Disbursement;

all other payments hereunder and under each other Loan Document shall be made in dollars.

(b) If at any time insufficient

funds are received by and available to the Administrative Agent to pay fully all amounts of principal, unreimbursed LC Disbursements,

interest and fees then due hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due to such

parties, and (ii) second, towards payment of principal and unreimbursed LC Disbursements then due hereunder, ratably among the parties

entitled thereto in accordance with the amounts of principal and unreimbursed LC Disbursements then due to such parties.

by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of its

Revolving Loans, Term Loans or participations in LC Disbursements resulting in such Lender receiving payment of a greater proportion of

the aggregate amount of its Revolving Loans, Term Loans and participations in LC Disbursements and accrued interest thereon than the proportion

received by any other Lender, then the Lender receiving such greater proportion shall notify the Administrative Agent of such fact and

shall purchase (for cash at face value) participations in the Revolving Loans, Term Loans and participations in LC Disbursements of other

Lenders to the extent necessary so that the aggregate amount of all such payments shall be shared by the Lenders ratably in accordance

with the aggregate amount of principal of and accrued interest on their respective Revolving Loans, Term Loans and participations in LC

Disbursements; provided that (i) if any such participations are purchased and all or any portion of the payment giving rise

thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest,

and (ii) the provisions of this paragraph shall not be construed to apply to any payment made by the Borrower pursuant to and in

accordance with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale

of a participation in any of its Loans or participations in LC Disbursements to any Eligible Assignee, to the Borrower or any Subsidiary

or other Affiliate thereof in a transaction that complies with the terms of Section 9.04(e) or (f), as applicable. The Borrower

consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender acquiring a participation

pursuant to the foregoing arrangements may exercise against the Borrower rights of setoff and counterclaim with respect to such participation

as fully as if such Lender were a direct creditor of the Borrower in the amount of such participation.

(d) Unless the Administrative

Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account

of the Lenders or the Issuing Banks hereunder that the Borrower will not make such payment, the Administrative Agent may assume that the

Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption and in its sole discretion,

distribute to the Lenders or the Issuing Banks, as applicable, the amount due. In such event, if the Borrower has not in fact made such

payment, then each of the Lenders or the Issuing Banks, as applicable, severally agrees to repay to the Administrative Agent forthwith

on demand the amount so distributed to such Lender or such Issuing Bank with interest thereon, for each day from and including the date

such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the NYFRB Rate and

a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation.

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(e) If any Lender shall

fail to make any payment required to be made by it pursuant to Section 2.05(d) or (e), 2.06(a) or (b), 2.17(e), 2.18(d) or

9.03(c), then the Administrative Agent may, in its discretion (notwithstanding any contrary provision hereof), (i) apply any amounts

thereafter received by the Administrative Agent for the account of such Lender to satisfy such Lender’s obligations in respect of

such payment until all such unsatisfied obligations have been discharged and/or (ii) hold any such amounts in a segregated account

as cash collateral for, and application to, any future funding obligations of such Lender under any such Section, in the case of each

of clauses (i) and (ii) above, in any order as determined by the Administrative Agent in its discretion.

SECTION 2.19. Mitigation

Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.15, or if any Loan Party is

required to pay any Indemnified Taxes or additional amounts to any Lender or to any Governmental Authority for the account of any Lender

pursuant to Section 2.17, then such Lender shall (at the request of the Borrower) use reasonable efforts to designate a different

lending office for funding or booking its Loans hereunder or its participation in any Letter of Credit affected by such event, or to assign

and delegate its rights and obligations hereunder to another of its offices, branches or Affiliates, if, in the judgment of such Lender,

such designation or assignment and delegation (i) would eliminate or reduce amounts payable pursuant to Section 2.15 or 2.17,

as applicable, in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not be inconsistent

with its internal policies or otherwise be disadvantageous to such Lender in any material respect. The Borrower hereby agree to pay all

reasonable and documented assignment fees in connection with any such designation or assignment and delegation.

(b) If (i) any Lender

has requested compensation under Section 2.15, (ii) the Borrower is required to pay any Indemnified Taxes or additional amounts

to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, (iii) any Lender has become

a Defaulting Lender, (iv) any Lender has become a Declining Lender under Section 2.22 or (v) any Lender is a Disqualified

Institution, then the Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require

such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 9.04),

all its interests, rights (other than its existing rights to payments pursuant to Section 2.15 or 2.17) and obligations under this

Agreement and the other Loan Documents (or, in the case of any such assignment and delegation resulting from a Lender having become a

Declining Lender, all its interests, rights and obligations under this Agreement and the other Loan Documents as a Lender of the applicable

Class with respect to which such Lender is a Declining Lender) to an Eligible Assignee that shall assume such obligations (which

assignee may be another Lender, if a Lender accepts such assignment and delegation); provided that (A) the Borrower shall

have received the prior written consent of the Administrative Agent to the extent such consent would be required under Section 9.04(b) for

an assignment of Loans or Commitments, as applicable (and, if a Revolving Commitment is being assigned, each Issuing Bank), which consent

shall not unreasonably be withheld or delayed, (B) such Lender shall have received payment of an amount equal to the outstanding

principal of its Loans and unreimbursed participations in LC Disbursements, accrued interest thereon, accrued but unpaid fees and all

other amounts payable to it hereunder (including, if applicable, the prepayment fee pursuant to Section 2.11(h) (with such

assignment being deemed to be an optional prepayment for purposes of determining the applicability of such Section)) (if applicable,

in each case only to the extent such amounts relate to its interest as a Lender of a particular Class) from the assignee (in the case

of such principal and accrued interest and fees (other than any fee payable pursuant to Section 2.11(h)) or the Borrower (in the

case of all other amounts (including any fee payable pursuant to Section 2.11(h)), (C) the Borrower or such assignee shall

have paid (unless waived) to the

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Administrative Agent the processing and recordation fee specified in

Section 9.04(b), (D) in the case of any such assignment and delegation resulting from a claim for compensation under

Section 2.15 or payments required to be made pursuant to Section 2.17, such assignment will result in a material reduction

in such compensation or payments and (E) such assignment and delegation does not conflict

with applicable law. A Lender shall not be required to make any such assignment and delegation if, prior thereto, as a result of a

waiver or consent by such Lender or otherwise (including as a result of any action taken by such Lender under paragraph

(a) above), the circumstances entitling the Borrower to require such assignment and delegation have ceased to apply. Each party

hereto agrees that an assignment required pursuant to this paragraph may be effected pursuant to an Assignment and Assumption

executed by the Borrower, the Administrative Agent and the assignee and that the Lender required to make such assignment need not be

a party thereto.

SECTION 2.20. Defaulting

Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Revolving Lender becomes a Defaulting Lender, then

the following provisions shall apply for so long as such Revolving Lender is a Defaulting Lender:

(a) commitment fees shall

cease to accrue on the unfunded portion of the Commitment of such Defaulting Lender pursuant to Section 2.12(a);

(b) the Revolving Commitment

and Revolving Exposure of such Defaulting Lender shall not be included in determining whether the Required Lenders or any other requisite

Lenders have taken or may take any action hereunder or under any other Loan Document (including any consent to any amendment, waiver or

other modification pursuant to Section 9.02); provided that any amendment, waiver or other modification requiring the consent

of all Lenders or all Lenders adversely affected thereby shall, except as otherwise provided in Section 9.02, require the consent

of such Defaulting Lender in accordance with the terms hereof;

exists at the time a Revolving Lender becomes a Defaulting Lender, then:

(i)

[reserved];

(ii) all

or any part of the LC Exposure (other than any portion thereof attributable to unreimbursed LC Disbursements with respect to which such

Defaulting Lender shall have funded its participation as contemplated by Sections 2.05(e) and 2.05(f)) of such Defaulting Lender

shall be reallocated among the non-Defaulting Revolver Lenders in accordance with their respective Applicable Percentages but only to

the extent that (x) the sum of all non-Defaulting Revolving Lenders’ Revolving Exposures plus such Defaulting Lender’s

LC Exposure does not exceed the sum of all non-Defaulting Revolving Lenders’ Revolving Commitments and

(y) such reallocation does not cause the aggregate Revolving Exposure

of any non-Defaulting Lender to exceed such non-Defaulting Lender’s Revolving Commitment; provided that, subject to Section 9.18,

no reallocation under this clause (ii) shall constitute a waiver or release of any claim of any party hereunder against a Defaulting

Lender arising from that Lender having become a Defaulting Lender, including any claim of a non-Defaulting Lender as a result of such

non-Defaulting Lender’s increased exposure following such reallocation;

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(iii) if

the reallocation described in clause (ii) above cannot, or can only partially, be effected, the Borrower shall within one Business

Day following notice by the Administrative Agent cash collateralize for the benefit of the Issuing Banks the portion of such Defaulting

Lender’s LC Exposure that has not been reallocated in accordance with the procedures set forth in Section 2.05(i) for

so long as such LC Exposure is outstanding;

(iv) if

any portion of such Defaulting Lender’s LC Exposure is cash collateralized pursuant to clause (iii) above, the Borrower shall

not be required to pay participation fees to such Defaulting Lender pursuant to Section 2.12(b) with respect to such portion

of such Defaulting Lender’s LC Exposure for so long as such Defaulting Lender’s LC Exposure is cash collateralized;

(v) if

any portion of the LC Exposure of such Defaulting Lender is reallocated pursuant to clause (ii) above, then the fees payable to the

Lenders pursuant to Sections 2.12(a) and 2.12(b) shall be adjusted to give effect to such reallocation;

(vi)

[reserved]; and

(vii) if all

or any portion of such Defaulting Lender’s LC Exposure is neither reallocated nor cash collateralized pursuant to clause

(ii) or (iii) above, then, without prejudice to any rights or remedies of any Issuing Bank or any other Lender hereunder,

all participation fees payable under Section 2.12(b) with respect to such Defaulting Lender’s LC Exposure shall be

payable to the Issuing Banks (and allocated among them ratably based on the amount of such Defaulting Lender’s LC Exposure

attributable to Letters of Credit issued by each Issuing Bank) until and to the extent that such LC Exposure is reallocated and/or

cash collateralized; and

(d) so long as such Revolving

Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, amend, renew or extend any Letter of Credit unless it is satisfied

that the related exposure and the Defaulting Lender’s then outstanding LC Exposure will be fully covered by the Revolving Commitments

of the non-Defaulting Revolving Lenders and/or cash collateral provided by the Borrower in accordance with Section 2.20(c), and participating

interests in any such issued, amended, renewed or extended Letter of Credit will be allocated among the non-Defaulting Revolving Lenders

in a manner consistent with Section 2.20(c)(ii) (and such Defaulting Lender shall not participate therein).

In the event that (i) a

Bankruptcy Event with respect to a Revolving Lender Parent shall occur following the Effective Date and for so long as such Bankruptcy

Event shall continue or (ii) any applicable Issuing Bank has a good faith belief that any Revolving Lender has defaulted in fulfilling

its obligations under one or more other agreements in which such Lender commits to extend credit, such Issuing Bank shall not be required

to issue, amend, renew or extend any Letter of Credit, unless such Issuing Bank shall have entered into arrangements with The Borrower

or the applicable Revolving Lender, satisfactory to such Issuing Bank to defease any risk to it in respect of such Lender hereunder.

In the event that the Administrative

Agent, the Borrower and each applicable Issuing Bank each agrees that a Defaulting Lender has adequately remedied all matters that

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caused

the applicable Revolving Lender to be a Defaulting Lender, then the LC Exposure of the Revolving Lenders shall be readjusted to reflect

the inclusion of such Revolving Lender’s Revolving Commitment and on such date such Revolving Lender shall purchase at par such

of the Revolving Loans of the applicable Class of the other Revolving Lenders of such Class as the Administrative Agent shall

determine may be necessary in order for such Revolving Lender to hold such Revolving Loans of such Class in accordance with its

Applicable Percentage; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by

or on behalf of the Borrower while such Revolving Lender was a Defaulting Lender; provided further that, except as otherwise expressly

agreed by the affected parties, no change hereunder from a Defaulting Lender to a non-Defaulting Lender will constitute a waiver or release

of any claim of any party hereunder arising from such Revolving Lender’s having been a Defaulting Lender.

SECTION 2.21. Incremental

Extensions of Credit. (a) At any time and from time to time, commencing on the Effective Date and ending on the latest Maturity

Date, subject to the terms and conditions set forth herein, the Borrower may, by notice to the Administrative Agent (whereupon the Administrative

Agent shall promptly deliver a copy to each of the Lenders), request (i) to add one or more additional tranches of term loans denominated

in dollars (the “Incremental Term Loans”), (ii) one or more increases in the aggregate

amount of any Class of Term Loans (each such increase, a “Incremental Term Loan Increase”), (iii) to

add one or more additional tranches of revolving commitments (each, an “Incremental Revolving Commitment”, and the

loans made pursuant thereto, the “Incremental Revolving Loans”), (iv) solely during the Revolving Availability

Period, one or more increases in the aggregate amount of the Revolving Commitments (each such increase, a “Revolving Commitment

Increase” and, together with the Incremental Term Loans, any Incremental Term Loan Increase,

any Alternative Incremental Facility Debt and the Incremental Revolving Commitments, the “Incremental Extensions of Credit”,

the Incremental Revolving Commitments and the Incremental Revolving Loans, together with the Incremental Term Loans, any Revolving Commitment

Increase and any Incremental Term Loan Increase, the “Incremental Facilities”))

or (v) Alternative Incremental Facility Debt, in an aggregate principal amount of up to (x) the greater of (A) $1,000,000,000

and (B) 100% of LTM Consolidated EBITDA in the aggregate in respect of all Incremental Facilities and Alternative Incremental Facility

Debt incurred after the Effective Date (as determined at the time of incurrence of such Incremental Facilities in accordance with Section 1.06),

plus (y) the amount of any voluntary prepayments of the Term Loans and permanent reductions in the amount of the Revolving

Commitments, in each case, to the extent not funded with long-term Indebtedness, plus (z) an additional amount if, after

giving effect to the incurrence of such additional amount and the application of the proceeds therefrom (assuming that the full amount

of such Incremental Extensions of Credit being established on such date has been funded on such date)

on a Pro Forma Basis (A) in the case of any such Incremental Extensions of Credit that

is secured by a Lien on the Collateral on a pari passu basis to the Liens securing the Obligations,

the Consolidated First Lien Leverage Ratio does not exceed (1) 2.50 to 1.00 or (2) if incurred in connection with a

Permitted Acquisition, the greater of (I) 2.50 to 1.00 and (II) the Consolidated First

Lien Leverage Ratio immediately prior to such incurrence, (B) in the case of any such Incremental

Extensions of Credit secured by a Lien on the Collateral on a junior basis to the Liens securing

the Obligations, the Consolidated Secured Leverage Ratio does not exceed (1) 3.00 to 1.00 or (2) if

incurred in connection with a Permitted Acquisition, the greater of (I) 3.00 to 1.00 and (II) the

Consolidated Secured Leverage Ratio immediately prior to such incurrence and (C) in the case of any

such Incremental Extensions of Credit that is unsecured, the Consolidated Total Leverage Ratio does

not exceed (1) 4.00 to 1.00 or (2) if incurred in connection with a Permitted Acquisition, the greater of (I) 4.00

to 1.00 and (II) the Consolidated Total Leverage Ratio immediately prior to such incurrence (in each case, assuming

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any such

Incremental Revolving Commitments being established on such date are fully drawn and excluding any amounts incurred concurrently in reliance

on clause (x) or (y) above) (it being understood that if the proceeds of the relevant Incremental Extensions of Credit will

be applied to finance a Limited Condition Transaction and the Borrower has made an LCT Election, compliance with the Consolidated First

Lien Leverage Ratio, the Consolidated Secured Leverage Ratio or Consolidated Total Leverage Ratio tests prescribed above may be determined

as of the LCT Test Date in respect of such Limited Condition Transaction on a Pro Forma Basis); provided, (A) unless the

Borrower elects otherwise, each Incremental Extensions of Credit shall be deemed incurred first under clause (z) to the extent permitted

with any balance incurred under the clause (x) and/or clause (y) and (B) if the Borrower incurs any Incremental Extensions

of Credit under clause (x) and/or clause (y) on the same date that it incurs such Incremental Extensions of Credit under clause

(z), then the Consolidated First Lien Leverage Ratio, Consolidated Secured Leverage Ratio or Consolidated Total Leverage Ratio will be

calculated with respect to such incurrence under clause (z) without regard to such incurrence under clause (x) and/or clause

(y); provided further that, at the time of each such request and upon the effectiveness of each Incremental Facility Amendment,

(A) no Event of Default has occurred and is continuing or shall result therefrom (or, in the event the proceeds of any Incremental

Extension of Credit are used to finance any Limited Condition Transaction permitted hereunder for which the Borrower has made an LCT

Election, no Event of Default shall exist and be continuing as of the LCT Test Date for such Limited Condition Transaction), (B) the

representations and warranties of the Borrower and each other Loan Party, as applicable, set forth in the Loan Documents would be true

and correct in all material respects (or, in the case of representations and warranties qualified as to materiality or Material Adverse

Effect, in all respects) on and as of the date of, and immediately after giving effect to, the incurrence of such Incremental Extension

of Credit (or, if incurred in connection with a Limited Condition Transaction, on the LCT Test Date) (provided that in the event

the proceeds of any Incremental Extension of Credit are used to finance any Investment permitted hereunder, such condition precedent

related to the making and accuracy of such representations and warranties may be waived or limited as agreed between the Borrower and

the Lenders providing such Incremental Extension of Credit, without the consent of any other Lenders) and (C) the Borrower shall

have delivered a certificate of a Financial Officer to the effect set forth in clauses (A) and (B) above. Each Class of

Incremental Term Loans and Incremental Revolving Commitments, and each Revolving Commitment Increase, shall be in an integral multiple

of the $5,000,000 and be in an aggregate principal amount that is not less than $25,000,000; provided that such amount may be

less than $25,000,000 if such amount represents all the remaining availability under the aggregate principal amount of Incremental Extensions

of Credit set forth above.

(b) The Incremental Facilities

(i) shall be documented pursuant to an Incremental Facility Amendment and rank pari passu in right of payment in respect

of the Collateral and with the Obligations in respect of the Revolving Commitments and the Term B Loans, (ii) shall not have a borrower

other than the Borrower or another Loan Party, (iii) shall not be secured by any property or assets of the Borrower or any Restricted

Subsidiary other than the Collateral or guaranteed by any Subsidiaries other than the Loan Parties, and (iv) shall, except as otherwise

set forth herein, be on terms and subject to conditions as agreed between the Borrower and the Lenders providing the applicable Incremental

Extension of Credit and to the extent such terms (other than with respect to maturity, amortization and pricing) are inconsistent with

those governing the other Loans hereunder, the covenants and events of default of any Incremental Facility shall be, when taken as a

whole, no more favorable to the Lenders providing the applicable Incremental Facility than the terms governing the Loans hereunder, unless

(1) the Lenders receive the benefit of such more restrictive terms (it being understood to the extent that any covenant is added

for the benefit of any Incremental Facility, no consent shall be required

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from the Administrative Agent or any Lender to the extent that

such covenant is also added for the benefit of the Lenders), (2) such more restrictive terms only apply after the Latest Maturity

Date or (3) such terms shall be reasonably satisfactory to the Administrative Agent and the Borrower; provided further, that

(A) for any Incremental Term Loans (including in the form of any Incremental Term Loan Increase) incurred prior to the date that

is six (6) months after the Effective Date, if the Weighted Average Yield relating to such Incremental Term Loans that (w) rank

pari passu to the Term Loans with respect to security, (x) are broadly syndicated to banks and other financial institutions,

(y) are not incurred to finance a Permitted Acquisition or other similar Investment and (z) have a maturity date that is less

than one year after the Term B Maturity Date, exceeds the Weighted Average Yield relating to the Term Loans (after giving effect to any

amendments to the applicable margin on such Class of existing Term Loans prior to the time that such Incremental Term Loans are

made) immediately prior to the effectiveness of the applicable Incremental Facility Amendment by more than 0.50%, then the Applicable

Rate relating to such Class of existing Term Loans shall be adjusted so that the Weighted Average Yield relating to such Incremental

Term Loans shall not exceed the Weighted Average Yield relating to such Class of existing Term Loans by more than 0.50% (this provision,

the “MFN Provision”), (B) any Incremental Term Loan shall not have (1) a final maturity date earlier than

the Term B Maturity Date or (2) a weighted average life to maturity that is shorter than the remaining weighted average life to

maturity of the then-remaining Term Loans; provided that the requirements set forth in the foregoing clause (B) shall not

apply to any Indebtedness (x) consisting of a customary bridge facility so long as such bridge facility converts into long-term

Indebtedness that satisfies this clause (B) or (y) incurred in reliance on the Inside Maturity Exception; (C) any Incremental

Revolving Commitment or any Revolving Commitment Increase shall not have a maturity date that is earlier than the Revolving Maturity

Date and shall not require any scheduled amortization or mandatory commitment reductions prior to the Revolving Maturity Date and (D) any

Incremental Term Loan Increase shall be treated the same as the Class of Term Loans being increased (including with respect to maturity

date thereof), shall be considered to be part of the Class of Term Loans being increased and shall be on the same terms applicable

to such Term Loans.

bank, financial institution, existing Lender or other Person that elects to extend Incremental Extensions of Credit (i) shall,

to the extent a consent would be required under Section 9.04 if such additional bank, financial institution, existing Lender or

other Person were taking an assignment of Loans or Commitments, be approved by the Borrower and the Administrative Agent (and, in

the case of any Incremental Revolving Commitment or Revolving Commitment Increase, each applicable Issuing Bank) (such approval not

be unreasonably withheld) (any such bank, financial institution, existing Lender or other Person being called an

“Additional Lender”) and (ii) if not already a Lender, shall become a Lender under this Agreement pursuant

to an amendment (an “Incremental Facility Amendment”) to this Agreement and, as appropriate, the other Loan

Documents, executed by the Borrower, each such Additional Lender and the Administrative Agent. No Lender shall be obligated to

provide any Incremental Extension of Credit unless it so agrees. Commitments in respect of any Incremental Extension of Credit shall

become Commitments (or in the case of any Revolving Commitment Increase to be provided by an existing Revolving Lender, an increase

in such Lender’s Revolving Commitment) under this Agreement upon the effectiveness of the applicable Incremental Facility

Amendment. An Incremental Facility Amendment may, without the consent of any other Lenders, effect such amendments to this Agreement

or to any other Loan Document as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the

provisions of this Section (including to provide for voting provisions applicable to the Additional Lenders comparable to the

provisions of clause (B) of the second proviso of Section 9.02(b)). The effectiveness of any Incremental Facility

Amendment shall, unless otherwise agreed to by the

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Administrative Agent and the Additional Lenders, be subject to the satisfaction

on the effective date thereof of each of the conditions set forth in clauses (a) and (b) of Section 4.02 (it being

understood and agreed that all references to a Borrowing in clauses (a) and (b) of Section 4.02 shall be deemed to

refer to the applicable Incremental Facility Amendment).

(d) On the date of effectiveness

of any Revolving Commitment Increase, (i) the aggregate principal amount of the Revolving Loans outstanding (the “Existing

Revolving Borrowings”) immediately prior to the effectiveness of such Revolving Commitment Increase shall be deemed to be repaid,

(ii) each Revolving Commitment Increase Lender that shall have had a Revolving Commitment prior to the effectiveness of such Revolving

Commitment Increase shall pay to the Administrative Agent in same day funds an amount equal to the amount, if any, by which (A) (1) such

Revolving Commitment Increase Lender’s Applicable Percentage (calculated after giving effect to the effectiveness of such Revolving

Commitment Increase) multiplied by (2) the aggregate principal amount of the Resulting Revolving Borrowings (as hereinafter defined)

exceeds (B) (1) such Revolving Commitment Increase Lender’s Applicable Percentage (calculated without giving effect to

the effectiveness of such Revolving Commitment Increase) multiplied by (2) the aggregate principal amount of the Existing Revolving

Borrowings, (iii) each Revolving Commitment Increase Lender that shall not have had a Revolving Commitment prior to the effectiveness

of such Revolving Commitment Increase shall pay to the Administrative Agent in same day funds an amount equal to (1) such Revolving

Commitment Increase Lender’s Applicable Percentage (calculated after giving effect to the effectiveness of such Revolving Commitment

Increase) multiplied by (2) the aggregate principal amount of the Resulting Revolving Borrowings, (iv) after the Administrative

Agent receives the funds specified in clauses (ii) and (iii) above, the Administrative Agent shall pay to each Revolving Lender

of the applicable Class the portion of such funds that is equal to the amount, if any, by which (A) (1) such Revolving

Lender’s Applicable Percentage (calculated without giving effect to the effectiveness of such Revolving Commitment Increase) multiplied

by (2) the aggregate principal amount of the Existing Revolving Borrowings, exceeds (B) (1) such Revolving Lender’s

Applicable Percentage (calculated after giving effect to the effectiveness of such Revolving Commitment Increase) multiplied by (2) the

aggregate principal amount of the Resulting Revolving Borrowings, (v) after the effectiveness of such Revolving Commitment Increase,

the Borrower shall be deemed to have made new Revolving Borrowings (the “Resulting Revolving Borrowings”) in an aggregate

principal amount equal to the aggregate principal amount of the Existing Revolving Borrowings and of the Types and for the Interest Periods

specified in a Borrowing Request delivered to the Administrative Agent in accordance with Section 2.03 (and the Borrower shall deliver

such Borrowing Request), (vi) each Revolving Lender of the applicable Class shall be deemed to hold its Applicable Percentage

of each Resulting Revolving Borrowing (calculated after giving effect to the effectiveness of such Revolving Commitment Increase) and

(vii) the Borrower shall pay each Revolving Lender any and all accrued but unpaid interest on its Loans comprising the Existing

Revolving Borrowings. The deemed payments of the Existing Revolving Borrowings made pursuant to clause (i) above shall be subject

to compensation by the Borrower pursuant to the provisions of Section 2.16 if the date of the effectiveness of such Revolving Commitment

Increase occurs other than on the last day of the Interest Period relating thereto. Upon each Revolving Commitment Increase pursuant

to this Section, each Revolving Lender immediately prior to such increase will automatically and without further act be deemed to have

assigned to each Revolving Commitment Increase Lender, and each such Revolving Commitment Increase Lender will automatically and without

further act be deemed to have assumed, a portion of such Revolving Lender’s participations hereunder in outstanding Letters of

Credit such that, after giving effect to such Revolving Commitment Increase and each such deemed assignment and assumption of participations,

the percentage of the aggregate outstanding participations hereunder in Letters of Credit held by each Revolving

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Lender (including each

such Revolving Commitment Increase Lender) will equal such Revolving Lender’s Applicable Percentage.

(e) Notwithstanding

anything to the contrary contained in this Section 2.21, unless the Administrative Agent shall agree otherwise, after giving effect

to any transaction contemplated in this Section 2.21, there shall not be more than six Classes of Loans or Commitments (including

any revolving and term loan facilities) hereunder at any one time outstanding.

SECTION 2.22.

Extension of Maturity Date (a) The Borrower may, by delivery of a Maturity Date Extension Request to the Administrative

Agent (which shall promptly deliver a copy thereof to each of the Lenders) not less than 30 days

prior to the then-existing Maturity Date for the applicable Class of Commitments and/or Loans hereunder to be extended (the “Existing

Maturity Date”), request that the Lenders extend the Existing Maturity Date in accordance with this Section; provided

that, for the avoidance of doubt, each Lender may elect to agree or not agree, in its sole discretion, to an extension of a Maturity

Date. Each Maturity Date Extension Request shall (i) specify the applicable Class of Commitments and/or Loans hereunder to

be extended, (ii) specify the date to which the applicable Maturity Date is sought to be extended, (iii) specify the changes,

if any, to the Applicable Rate to be applied in determining the interest payable on the Loans of, and fees payable hereunder to, Consenting

Lenders (as defined below) in respect of that portion of their Commitments and/or Loans extended to such new Maturity Date and the time

as of which such changes will become effective (which may be prior to the Existing Maturity Date) and (iv) specify any other amendments

or modifications to this Agreement to be effected in connection with such Maturity Date Extension Request; provided that no such

changes or modifications requiring approvals pursuant to the provisos to Section 9.02(b) shall become effective prior to the

Existing Maturity Date unless such other approvals have been obtained. In the event a Maturity Date Extension Request shall have been

delivered by the Borrower, each Lender shall have the right to agree to the extension of the Existing Maturity Date and other matters

contemplated thereby on the terms and subject to the conditions set forth therein (each Lender agreeing to the Maturity Date Extension

Request being referred to herein as a “Consenting Lender” and each Lender not agreeing thereto being referred to herein

as a “Declining Lender”), which right may be exercised by written notice thereof, specifying the maximum amount of

the Commitment and/or Loans of such Lender with respect to which such Lender agrees to the extension of the Maturity Date, delivered

to the Borrower (with a copy to the Administrative Agent) not later than a day to be agreed upon by the Borrower and the Administrative

Agent following the date on which the Maturity Date Extension Request shall have been delivered by the Borrower (it being understood

and agreed that any Lender that shall have failed to exercise such right as set forth above shall be deemed to be a Declining Lender).

If a Lender elects to extend only a portion of its then existing Commitment and/or Loans, it will be deemed for purposes hereof to be

a Consenting Lender in respect of such extended portion and a Declining Lender in respect of the remaining portion of its Commitment

and/or Loans, and the aggregate principal amount of each Type and currency of Loans of the applicable Class of such Lender shall

be allocated ratably among the extended and non-extended portions of the Loans of such Lender based on the aggregate principal amount

of such Loans so extended and not extended. If Consenting Lenders shall have agreed to such Maturity Date Extension Request in respect

of Commitments and/or Loans held by them, then, subject to paragraph (d) of this Section, on the date specified in the Maturity

Date Extension Request as the effective date thereof (the “Extension Effective Date”), (i) the Existing Maturity

Date of the applicable Commitments and/or Loans shall, as to the Consenting Lenders, be extended to such date as shall be specified therein,

(ii) the terms and conditions of the applicable Commitments and/or Loans of the Consenting Lenders (including interest and fees

(including

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Letter of Credit fees) payable in respect thereof) shall be modified as set forth in the Maturity Date Extension Request and

(iii) such other modifications and amendments hereto specified in the Maturity Date Extension Request shall (subject to any required

approvals (including those of the Required Lenders) having been obtained) become effective.

(b) Notwithstanding

the foregoing, the Borrower shall have the right, in accordance with the provisions of Sections 2.19(b) and 9.04, at any time prior

to the Existing Maturity Date, to replace a Declining Lender (for the avoidance of doubt, only in respect of that portion of such Lender’s

Commitment and/or Loans subject to a Maturity Date Extension Request that it has not agreed to extend) with a Lender or other financial

institution that will agree to such Maturity Date Extension Request, and any such replacement Lender shall for all purposes constitute

a Consenting Lender in respect of the Commitment and/or Loans assigned to and assumed by it on and after the effective time of such replacement.

Date Extension Request has become effective hereunder:

(i) solely in respect of a Maturity Date Extension Request that has become effective in respect of the Revolving

Commitments, not later than the fifth Business Day prior to the Existing Maturity Date, the Borrower shall make prepayments of

Revolving Loans and shall provide cash collateral in respect of Letters of Credit, in each case, in the manner set forth in

Section 2.05(i), such that, after giving effect to such prepayments and such provision of cash collateral, the Aggregate

Revolving Exposure as of such date will not exceed the aggregate Revolving Commitments of the Consenting Lenders extended pursuant

to this Section (and the Borrower shall not be permitted thereafter to request any Revolving Loan or any issuance, amendment,

renewal or extension of a Letter of Credit if, after giving effect thereto, the Aggregate Revolving Exposure would exceed the

aggregate amount of the Revolving Commitments so extended);

(ii)

solely in respect of a Maturity Date Extension Request that has become effective in respect of the Revolving Commitments, on the

Existing Maturity Date, the Revolving Commitment of each Declining Lender shall, to the extent not assumed, assigned or transferred

as provided in paragraph (b) of this Section, terminate, and the Borrower shall repay all the Revolving Loans made by each

Declining Lender to the Borrower to the extent such Loans shall not have been so purchased, assigned and transferred, in each case

together with accrued and unpaid interest and all fees and other amounts owing to such Declining Lender hereunder, it being

understood and agreed that, subject to satisfaction of the conditions set forth in Section 4.02, such repayments may be funded

with the proceeds of new Revolving Borrowings made simultaneously with such repayments by the Consenting Lenders, which such

Revolving Borrowings shall be made ratably by the Consenting Lenders in accordance with their extended Revolving Commitments;

and

(iii)

solely in respect of a Maturity Date Extension Request that has become effective in respect of a Class of Term Loans, on the

Existing Maturity Date, the Borrower shall repay all the Loans of such Class made by each Declining Lender to the Borrower, to

the extent such Loans shall not have been so purchased, assigned and transferred, in each case together with

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accrued and unpaid

interest and all fees and other amounts owing to such Declining Lender hereunder, it being understood and agreed that, subject to

satisfaction of the conditions set forth in Section 4.02, such repayments may be funded with the proceeds of new Revolving

Borrowings made simultaneously with such repayments by the Revolving Lenders.

(d) Notwithstanding

the foregoing, no Maturity Date Extension Request shall become effective hereunder unless, on the Extension Effective Date, the conditions

set forth in clauses (a) and (b) of Section 4.02 shall be satisfied (with all references in such Section to a Borrowing

being deemed to be references to such Maturity Date Extension Request) and the Administrative Agent shall have received a certificate

to that effect dated such date and executed by a Financial Officer of the Borrower.

(e) Notwithstanding

any provision of this Agreement to the contrary, it is hereby agreed that no extension of an Existing Maturity Date in accordance with

the express terms of this Section, or any amendment or modification of the terms and conditions of the Commitments and the Loans of the

Consenting Lenders effected pursuant thereto, shall be deemed to (i) violate the last sentence of Section 2.08(c) or Section 2.18(b) or

2.18(c) or any other provision of this Agreement requiring the ratable reduction of Commitments or the ratable sharing of payments

or (ii) require the consent of all Lenders or all affected Lenders under Section 9.02(b).

(f) The

Borrower, the Administrative Agent and the Consenting Lenders may enter into an amendment to this Agreement to effect such modifications

as may be necessary to reflect the terms of any Maturity Date Extension Request that has become effective in accordance with the provisions

of this Section.

(g) Notwithstanding

anything to the contrary contained in this Section 2.22, unless the Administrative Agent shall agree otherwise, after giving effect

to any transaction contemplated in this Section 2.22, there shall not be more than six Classes of Loans or Commitments (including

any revolving and term loan facilities) hereunder at any one time outstanding.

SECTION 2.23.

Refinancing Facilities. (a) The Borrower may, on one or more occasions, by written notice to the Administrative Agent, obtain

Refinancing Term Loan Indebtedness. Each such notice shall specify the date (each, a “Refinancing Effective Date”)

on which the Borrower proposes that such Refinancing Term Loan Indebtedness shall be made, which shall be a date not less than five Business

Days after the date on which such notice is delivered to the Administrative Agent; provided that:

(i) no

Event of Default of the type set forth in Section 7.01(a), (b), (h) or (i) shall have occurred and be continuing;

(ii)

substantially concurrently with the incurrence of such Refinancing Term Loan Indebtedness, the Borrower shall repay or prepay then outstanding

Term Borrowings of the applicable Class made to the Borrower (together with any accrued but unpaid interest thereon and any prepayment

premium with respect thereto) in an aggregate principal amount equal to the Net Proceeds of such Refinancing Term Loan Indebtedness,

and any such prepayment of Term Borrowings of such Class shall be applied to reduce the subsequent scheduled repayments of Term

Borrowings of such

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Class to be made pursuant to Section 2.09(a) ratably,

(iii)

such notice shall set forth, with respect to the Refinancing Term Loan Indebtedness established thereby in the form of Refinancing

Term Loans, to the extent applicable, the following terms thereof: (a) the designation of such Refinancing Term Loans as a new

“Class” for all purposes hereof, (b) the stated termination and maturity dates applicable to the Refinancing Term

Loans of such Class, (c) amortization applicable thereto and the effect thereon of any prepayment of such Refinancing Term

Loans, (d) the interest rate or rates applicable to the Refinancing Term Loans of such Class, (e) the fees applicable to

the Refinancing Term Loans of such Class, (f) any original issue discount applicable thereto, (g) the initial Interest

Period or Interest Periods applicable to Refinancing Term Loans of such Class and (h) any voluntary or mandatory

commitment reduction or prepayment requirements applicable to Refinancing Term Loans of such Class (which prepayment

requirements may provide that such Refinancing Term Loans may participate in any mandatory prepayment on a pro rata basis with any

Class of existing Term Loans, but may not provide for prepayment requirements that are materially more favorable to the Lenders

holding such Refinancing Term Loans than to the Lenders holding such Class of Term Loans) and any restrictions on the voluntary

or mandatory reductions or prepayments of Refinancing Term Loans of such Class, and

(iv)

such Refinancing Term Loan Indebtedness will, to the extent secured, rank pari passu or junior in right of payment and of

security with the other Loans and Commitments hereunder on the terms set out in an Acceptable Intercreditor Agreement.

(b) Any

Lender or any other Eligible Assignee approached by the Borrower to provide all or a portion of the Refinancing Term Loan Indebtedness

may elect or decline, in its sole discretion, to provide any Refinancing Term Loan Indebtedness.

Refinancing Term Loans shall be established pursuant to a Refinancing Facility Agreement executed and delivered by the Borrower, each

Refinancing Term Lender providing such Refinancing Term Loan and the Administrative Agent, which shall be consistent with the provisions

set forth in clause (a) above (but which shall not require the consent of any other Lender). Each Refinancing Facility Agreement

shall be binding on the Lenders, the Loan Parties and the other parties hereto and may effect amendments to the other Loan Documents

as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect provisions of this

Section 2.23, including any amendments necessary to treat such Refinancing Term Loans as a new “Class” of loans hereunder.

The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Refinancing Facility Agreement.

(d) Notwithstanding

anything to the contrary contained in this Section 2.23, unless the Administrative Agent shall agree otherwise, after giving effect

to any transaction contemplated in this Section 2.23, there shall not be more than six Classes of Loans or Commitments (including

any revolving and term loan facilities) hereunder at any one time outstanding.

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ARTICLE III

Representations

and Warranties

The

Borrower (with respect to itself and, where applicable, the Restricted Subsidiaries) represents and warrants to the Administrative Agent,

each of the Issuing Banks and each of the Lenders that:

SECTION 3.01.

Organization; Powers. Each of the Borrower and the Restricted Subsidiaries (a) is duly organized, validly existing and, to

the extent that such concept is applicable in the relevant jurisdiction, in good standing (to the extent such concept exists in the relevant

jurisdictions) under the laws of the jurisdiction of its organization, (b) has the corporate or other organizational power and authority

to carry on its business as now conducted, to execute, deliver and perform its obligations under this Agreement and each other Loan Document

and (c) except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material

Adverse Effect, is qualified to do business in, and, to the extent that such concept exists in the relevant jurisdiction, is in good

standing in, every jurisdiction where such qualification is required.

SECTION 3.02.

Authorization; Due Execution and Delivery; Enforceability. This Agreement has been duly authorized, executed and delivered by

the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such

Loan Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan Party, as applicable, enforceable against

such Person in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium

or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered

in a proceeding in equity or at law.

SECTION 3.03.

Governmental Approvals; No Conflicts. Except as set forth on Schedule 3.03, the execution, delivery and performance by each Loan

Party of each Loan Document to which it is a party (a) as of the date such Loan Document is executed, do not require any consent

or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or

made and are in full force and effect and except (i) filings necessary to perfect Liens created under the Loan Documents or (ii) where

failure to obtain such consent or approval, or make such registration or filing, in the aggregate, would not reasonably be expected to

have a Material Adverse Effect, (b) will not violate any Requirement of Law applicable to the Borrower or any Restricted Subsidiary,

(c) will not violate or result in a default under any indenture, agreement or other instrument binding upon the Borrower or any

Restricted Subsidiary or their respective assets, or give rise to a right thereunder to require any payment, repurchase or redemption

to be made by the Borrower or any Restricted Subsidiary or give rise to a right of, or result in, termination, cancelation or acceleration

of any obligation thereunder, except with respect to any violation, default, payment, repurchase, redemption, termination, cancellation

or acceleration under this clause (c) or clause (b) above that would not reasonably be expected to have a Material Adverse

Effect and (d) will not result in the creation or imposition of any Lien on any asset of the Borrower or any Restricted Subsidiary,

except Liens created under the Loan Documents or permitted by Section 6.02.

SECTION 3.04.

Financial Condition; No Material Adverse Change. (a) The Audited Financial Statements and the Unaudited Financial Statements

present fairly, in all material respects, the financial position of the Borrower and the Subsidiaries on a combined

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consolidated basis

as of such dates and their results of operations and cash flows for the period covered thereby, and were prepared in accordance with

GAAP consistently applied throughout the period covered thereby except as otherwise expressly noted therein, subject to normal year-end

audit adjustments and, in the case of the Unaudited Financial Statements, the absence of footnotes.

(b) Except

as set forth in the financial statements referred to in this Section 3.04 and the Form 10, since the Effective Date, no event,

change or condition has occurred that has had, or would reasonably be expected to have, a Material Adverse Effect.

SECTION 3.05.

Properties. (a) Each of the Borrower and the Restricted Subsidiaries has good title to, or valid leasehold (or license or

similar) interests in or other limited property interests in, all its real and personal property necessary

for the conduct of its business (including the Mortgaged Properties), (i) free and clear of Liens, other than Liens expressly permitted

by Section 6.02 and (ii) except for defects in title or interest that do not interfere with its ability to conduct its business

as currently conducted or as proposed to be conducted or to utilize such properties for their intended purposes, in each case, except

where the failure to do so would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

(b) To

the knowledge of the Borrower or any Restricted Subsidiary, (i) each of the Borrower and the Restricted Subsidiaries owns, or has

a valid and enforceable right to use, any and all Intellectual Property that is used in or necessary for its business as currently conducted,

and (ii) the use thereof by the Borrower and each Restricted Subsidiary does not infringe upon, misappropriate or otherwise violate

the rights of any other Person, except, in each case of (i) and (ii), as would not reasonably be expected to result in a Material

Adverse Effect. No claim or litigation regarding any and all trademarks, service marks, trade names, domain names, copyrights, rights

in software, patents, patents rights, trade secrets, database rights, design rights and any and all other Intellectual Property or similar

proprietary rights throughout the world and all registrations and applications for registrations therefor (collectively, “IP

Rights”) owned or used by the Borrower or any Restricted Subsidiary is pending or, to the knowledge of the Borrower or any

Restricted Subsidiary, threatened against the Borrower or any Restricted Subsidiary that, individually or in the aggregate, would reasonably

be expected to result in a Material Adverse Effect.

SECTION 3.06.

Litigation and Environmental Matters. Except with respect to any matters that, individually or in the aggregate, would not reasonably

be expected to result in a Material Adverse Effect, (a) there are no actions, suits or proceedings by or before any arbitrator or

Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against or affecting the Borrower

or any Restricted Subsidiary and (a) none of the Borrower or any Restricted Subsidiary (i) has failed to comply with any Environmental

Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law, (ii) has become

subject to any Environmental Liability, or knows of any reasonable basis for any such Environmental Liability, (iii) has received

notice of any claim with respect to any Environmental Liability, or (iv) is reasonably expected to incur any Environmental Liability

with respect to any Release on any real property now or previously owned, leased or operated by it.

SECTION 3.07.

Compliance with Laws. Each of the Borrower and the Restricted Subsidiaries is in compliance with all Requirements of Law, except

where the failure

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to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect.

SECTION 3.08.

Sanctions; Anti-Corruption Laws. The Borrower has implemented and maintains in effect policies and

procedures designed to promote compliance by the Borrower, the Restricted Subsidiaries and their respective directors, officers, employees

and agents with Anti-Corruption Laws and applicable Sanctions, and the Borrower, the Restricted Subsidiaries and their respective officers

and employees (when acting in their role as officers and employees) and to the knowledge of the Borrower, the respective directors of

the Borrower (when acting in their role as directors), are in compliance in all material respects with Anti-Corruption Laws and applicable

Sanctions and are not knowingly engaged in any activity that would reasonably be expected to result in the Borrower being designated

as a Sanctioned Person. None of the Borrower, any Restricted Subsidiary or any of their respective directors, officers or employees is

a Sanctioned Person.

SECTION 3.09.

Investment Company Status. None of the Borrower or any other Loan Party is required to register as an “investment company”

under the Investment Company Act.

SECTION 3.10.

Federal Reserve Regulations. None of the Borrower or any Restricted Subsidiary is engaged or will engage, principally or as one

of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U of the Board

of Governors) or extending credit for the purpose of purchasing or carrying margin stock. No part of the proceeds of the Loans will be

used, directly or indirectly, for any purpose that violates the provisions of Regulations U or X of the Board of Governors.

SECTION 3.11.

Taxes. Except to the extent that failure to do so would not reasonably be expected to result in a Material Adverse Effect, the

Borrower and each Restricted Subsidiary (a) has timely filed or caused to be filed all Tax returns and reports required to have

been filed by it and (b) has paid or caused to be paid all Taxes required to have been paid by it, except where the validity or

amount thereof is being contested in good faith by appropriate proceedings and where the Borrower or such Restricted Subsidiary, as applicable,

has set aside on its books adequate reserves therefor in conformity with GAAP.

SECTION 3.12.

ERISA. (a) Except as would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect,

no ERISA Event has occurred or is reasonably expected to occur.

(b) Except

as would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, (i) each Foreign Pension

Plan is in compliance in all material respects with all Requirements of Law applicable thereto and the respective requirements of the

governing documents for such plan, (ii) with respect to each Foreign Pension Plan, none of the Borrower, its Affiliates or any of

their respective directors, officers, employees or agents has engaged in a transaction that could subject the Borrower or any Restricted

Subsidiary, directly or indirectly, to a tax or civil penalty and (iii) with respect to each Foreign Pension Plan, any underfunding

has been reflected in the financial statements furnished to Lenders in respect of any unfunded liabilities in accordance with GAAP.

SECTION 3.13.

Disclosure. As of the Effective Date, none of the reports, financial statements, certificates or other written information furnished

by or on behalf of the Borrower or any Restricted Subsidiary to the Arrangers, the Administrative Agent, any Issuing

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Bank or any Lender on or before

the Effective Date in connection with the negotiation of this Agreement or any other Loan Document, included herein or therein or furnished

hereunder or thereunder (as modified or supplemented by other information so furnished and taken as a whole) contains any material misstatement

of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they

were made, not materially misleading; provided that, with respect to projected financial information, each of the Borrower represents

only that such information, when taken as a whole, was prepared in good faith based upon assumptions believed by it to be reasonable

at the time so furnished (it being understood and agreed that (i) such projected financial information is merely a prediction as

to future events and are not to be viewed as facts, (ii) such projected financial information is subject to significant uncertainties

and contingencies, many of which are beyond the control of the Borrower or any of the Restricted Subsidiaries and (iii) no assurance

can be given that any particular projected financial information will be realized and that actual results during the period or periods

covered by any such projected financial information may differ significantly from the projected results and such differences may be material).

SECTION 3.14.

Subsidiaries. As of the Effective Date, Schedule 3.14 sets forth the name of, and the ownership interest of the Borrower

and each Subsidiary in, each Subsidiary and identifies each Subsidiary that is a Loan Party, after giving effect to the Transactions.

SECTION 3.15.

Solvency. As of the Effective Date, after giving effect to the Transactions and the rights of indemnification, subrogation and

contribution under the Security Documents, (a) the fair value of the assets of the Borrower and the Restricted Subsidiaries, taken

as a whole, at a fair valuation, will exceed their debts and liabilities, subordinated, contingent or otherwise, (b) the present

fair saleable value of the property of the Borrower and the Restricted Subsidiaries, taken as a whole, will be greater than the amount

that will be required to pay the probable liability of their debts and other liabilities, subordinated, contingent or otherwise, as such

debts and other liabilities become absolute and matured, (c) the Borrower and the Restricted Subsidiaries, taken as a whole, will

be able to pay their debts and liabilities, subordinated, contingent or otherwise, as such debts and liabilities become absolute and

matured and (d) the Borrower and the Restricted Subsidiaries, taken as a whole, will not have unreasonably small capital with which

to conduct the business in which they are engaged as such business is now conducted and is proposed to be conducted following the Distribution

Date. For purposes of this Section, the amount of contingent liabilities at any time shall be computed as the amount that, in light of

all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured

liability.

SECTION 3.16.

Collateral Matters. (a) Each Security Document, is effective to create (to the extent described therein) in favor of the

Administrative Agent for the benefit of the Secured Parties a legal, valid, enforceable security interest in the Collateral to the extent

intended to be created thereby and (x) when all financing statements and other appropriate filings or recordings are made in the

appropriate offices as may be required under applicable law and filings and recordation with the United States Patent and Trademark Office

and the United States Copyright Office (which filings or recordings shall be made to the extent required by the applicable Security Document)

and (y) when the taking of possession by the Administrative Agent of such Collateral with respect to which a security interest may

be perfected by possession (which possession shall be given to the Administrative Agent to the extent possession by the Administrative

Agent is required by the applicable Security Document) occurs, then the security interests created by the Security Documents shall constitute

so far as possible under relevant law fully perfected (or equivalently under applicable foreign law) first priority Liens on, and security

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interests in (in each case with respect to such Liens and security interests, to the extent intended to be created thereby and required

to be perfected under the Loan Documents) all right, title and interest of the Loan Parties in such Collateral in each case free and

clear of any Liens other than Liens permitted under Section 6.02; provided that no representation

is made that a charge that is expressed to be a fixed charge will actually take effect as a fixed charge and not a floating charge.

(b) Each

Mortgage, upon execution and delivery thereof by the parties thereto, will create in favor of the Administrative Agent, for the benefit

of the Secured Parties, a legal, valid and enforceable security interest in all the applicable mortgagor’s right, title and interest

in and to the Mortgaged Properties subject thereto and the proceeds thereof under the laws of the relevant jurisdiction as indicated

in the Mortgage, and when the Mortgages have been filed in the jurisdictions specified therein, the Mortgages will constitute a fully

perfected security interest in all right, title and interest of the mortgagors in the Mortgaged Properties and the proceeds thereof under

the laws of the relevant jurisdiction as indicated in the Mortgage, prior and superior in right to any other Person, but subject to Liens

permitted under Section 6.02.

the recordation of the Collateral Agreement (or short-form intellectual property security agreements in

form and substance substantially similar to the Patent Security Agreement, Trademark Security Agreement and/or Copyright Security Agreement

(each as defined in the Collateral Agreement)) with the United States Patent and Trademark Office or the United States Copyright

Office, as applicable, and the filing of the financing statements referred to in paragraph (a) of this Section, the security interest

created under the Collateral Agreement will constitute a fully perfected security interest in all right, title and interest of the Loan

Parties in the Intellectual Property (as defined in the Collateral Agreement) described therein in

which a security interest may be perfected by such filing of such documents in the United States

of America, in each case prior and superior in right to any other Person, but subject to Liens permitted under Section 6.02 (it

being understood and agreed that subsequent recordings in the United States Patent and Trademark Office or the United States Copyright

Office may be necessary pursuant to Section 4.05(e) of the Collateral Agreement or to perfect a security interest in such Intellectual

Property acquired by the Loan Parties after the Effective Date).

ARTICLE IV

Conditions

SECTION 4.01.

Conditions to Effective Date. The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit

hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with

Section 9.02):

(a) The

Administrative Agent (or its counsel) shall have received from each party hereto either (i) a counterpart of this Agreement signed

on behalf of such party or (ii) written evidence reasonably satisfactory to the Administrative Agent (which may include facsimile

transmission or other electronic imaging of a signed signature page of this Agreement) that such party has signed a counterpart

of this Agreement.

(b) The

Administrative Agent shall have received a favorable written opinion (addressed to the Administrative Agent and the Lenders) of each

of Cleary Gottlieb Steen & Hamilton LLP, special New York counsel for the Loan Parties, Morris, Nichols, Arsht & Tunnell

LLP, special Delaware counsel for the Loan Parties and Ballard Spahr LLP, special Washington

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counsel for the Loan Parties, in each case

(A) dated as of the Effective Date and (B) in form and substance reasonably satisfactory to the Administrative Agent.

Administrative Agent shall have received a copy of (i) each organizational document of each Loan Party certified, to the extent

applicable, as of a recent date by the applicable Governmental Authority, (ii) signature and incumbency certificates of the responsible

officers of each Loan Party executing the Loan Documents to which it is a party, (iii) copies of resolutions of the board of directors

or managers, shareholders, partners, and/or similar governing bodies of each Loan Party approving and authorizing the execution, delivery

and performance of Loan Documents to which it is a party, certified as of the Effective Date by a secretary, an assistant secretary or

a responsible officer of such Loan Party as being in full force and effect without modification or amendment and (iv) a good standing

certificate (to the extent such concept, or an analogous concept, exists) from the applicable Governmental Authority of each Loan Party’s

jurisdiction of incorporation, organization or formation.

(d) The

Administrative Agent shall have received a certificate, dated the Effective Date and signed by a Financial Officer or the President or

a Vice President of the Borrower, confirming compliance with the conditions set forth in paragraphs (a) and (b) of Section 4.02

(for purposes of the conditions set forth in paragraphs (a) and (b) of Section 4.02, after giving effect to the consummation

of the Spin-Off).

(e) The

Administrative Agent shall have received all fees and other amounts due and payable on or prior to the Effective Date, including, to

the extent invoiced at least three Business Days prior to the Effective Date (or such shorter period agreed by the Borrower in its sole

discretion), reimbursement or payment of all reasonable, documented and invoiced out-of-pocket expenses (including fees, charges and

disbursements of counsel) required to be reimbursed or paid by any Loan Party hereunder, under any other Loan Document or under any other

agreement entered into by any of the Arrangers, the Administrative Agent and the Lenders, on the one hand, and any of the Loan Parties,

on the other hand; provided that such amounts may be offset against the proceeds of the Term Loans.

(f)

[Reserved].

(g)

[Reserved].

(h)

(i) The Administrative Agent shall have received, at least three Business Days prior to the Effective

Date, all documentation and other information required by bank regulatory authorities under applicable “know your customer”

and anti-money laundering rules and regulations, including, without limitation, the USA PATRIOT Act, that has been requested at

least ten days prior to the Effective Date and (ii) to the extent the Borrower qualifies as a “legal entity customer”

under the Beneficial Ownership Regulation and a Lender has requested in a written notice to the Borrower at least 10 days prior to the

Effective Date a Beneficial Ownership Certification in relation to the Borrower, such Lender shall have received such Beneficial Ownership

Certification with respect to the Borrower at least three Business Days prior to the Effective Date (provided that, upon the execution

and delivery by such Lender of its signature page to this Agreement, the conditions set forth in this clause (h) shall be deemed

to be satisfied).

(i) Except

as provided by Section 5.15 herein, the Collateral and Guarantee Requirement shall have been satisfied, and the Administrative Agent,

on behalf of the Secured Parties, shall have a perfected security interest in the Collateral of the type and priority described in each

Security Document (except as otherwise set forth in the Collateral and Guarantee

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Requirement or Section 5.15).

The Administrative Agent shall have received a completed Perfection Certificate dated the Effective Date and signed by a Financial Officer

or legal officer of each of the Borrower, together with all attachments contemplated thereby.

(j) The

Administrative Agent shall have received evidence that the insurance required by Section 5.07 and the Security Documents is in effect;

provided that to the extent that, notwithstanding its use of commercially reasonable efforts in respect thereof, the Borrower

is unable to comply with Section 5.07, such compliance shall not constitute a condition precedent under this Section 4.01 but

shall instead be required within 30 days following the Effective Date (or such longer period as the Administrative Agent may agree in

its sole discretion).

(k) The

Lenders shall have received a certificate from a Financial Officer of the Borrower, substantially in the form of Exhibit L,

certifying as to the solvency of the Borrower and its Restricted Subsidiaries as of the Effective Date on a consolidated basis after

giving effect to the Transactions.

(l) The

Transactions shall have been consummated or satisfactory arrangements shall have been implemented providing that within two (2) Business

Days of the initial funding of the Loans on the Effective Date, the Transactions shall be consummated, in accordance with applicable

law and the Distribution Agreement and, in all material respects, consistent with the information set forth in the Form 10.

(m) The

Lenders shall have received a copy of each material Spin-Off Document and each other Spin-Off Document requested by the Administrative

Agent, each executed by all parties thereto and certified by a Financial Officer or legal officer of the Borrower as being complete and

correct. The terms of each Spin-Off Document shall be consistent in all material respects with the information set forth in the Form 10,

which shall not have been amended in a manner that is materially adverse to the Lenders.

(n)

[Reserved].

(o)

The Borrower shall have delivered to the Administrative Agent the notice required by Section 2.03

on the Effective Date.

(p) The

Administrative Agent shall have received a copy of a post-closing group structure chart (after giving effect to the Transactions).

The

Administrative Agent shall notify the Borrower and the Lenders of the Effective Date, and such notice shall be conclusive and binding.

Notwithstanding the foregoing, the obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit hereunder

shall not become effective unless each of the foregoing conditions is satisfied (or waived pursuant to Section 9.02) at or prior

to 11:59 p.m., New York City time, on the Effective Date.

SECTION 4.02.

Each Credit Event. On or after the Effective Date, the obligations of the Lenders to make Loans on the occasion of any Borrowing,

and of the Issuing Banks to issue, amend, renew or extend any Letter of Credit, is subject to receipt of the request therefor in accordance

herewith and to the satisfaction of the following conditions:

(a) The

representations and warranties of each Loan Party set forth in the Loan Documents shall be true and correct in all material respects

(or, in the case of representations and

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warranties qualified as to

materiality or Material Adverse Effect, in all respects) on and as of the date of such Borrowing or the date of issuance, amendment,

renewal or extension of such Letter of Credit, as applicable, except in the case of any such representation and warranty that expressly

relates to a prior date, in which case such representation and warranty shall be true and correct in all material respects (or in the

case of representations and warranties qualified as to materiality or Material Adverse Effect, in all respects) as of such earlier date.

(b) At

the time of and immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter of

Credit, as applicable, no Default or Event of Default shall have occurred and be continuing.

Borrower shall have delivered to the Administrative Agent a request for Borrowing that complies with the requirements set forth in Section 2.03.

Each

Borrowing (provided that a conversion or a continuation of a Borrowing shall not constitute a “Borrowing” for purposes

of this Section 4.02) (other than a Borrowing under any Incremental Facility the proceeds of which are used to finance a Limited

Condition Transaction), and each issuance, amendment, renewal or extension of a Letter of Credit shall be deemed to constitute a representation

and warranty by the Borrower on the date thereof as to the matters specified in paragraphs (a) and (b) of this Section 4.02.

ARTICLE V

Affirmative

Covenants

From

and including the Effective Date and until the Commitments shall have expired or been terminated and the principal of and interest on

each Loan and all fees, expenses and other amounts (other than contingent amounts not yet due) payable under this Agreement or any other

Loan Document shall have been paid in full and all Letters of Credit (other than those collateralized or back-stopped on terms reasonably

satisfactory to the applicable Issuing Bank) shall have expired or been terminated and all LC Disbursements shall have been reimbursed,

the Borrower covenants and agrees in each case with the Lenders that:

SECTION 5.01.

Financial Statements and Other Information. The Borrower will furnish to the Administrative Agent, which shall furnish to each

Lender, the following:

(a) within

90 days after the end of each fiscal year of the Borrower (or such later date as Form 10-K of the Borrower is required to be filed

with the SEC taking into account any extension granted by the SEC, provided that the Borrower gives the Administrative Agent notice of

any such extension), its audited consolidated balance sheet and audited consolidated statements of operations, shareholders’ equity

and cash flows as of the end of and for such fiscal year, and related notes thereto, setting forth in each case in comparative form the

figures for the previous fiscal year, prepared in accordance with generally accepted auditing standards and reported on by an independent

public accountants of recognized national standing (without a “going concern” or like qualification, exception or statement

and without any qualification or exception as to the scope of such audit, but may contain a “going concern” or like qualification

that is due to (i) an upcoming maturity date of any Indebtedness occurring within one year from the time such opinion is delivered

or (ii) any potential inability to satisfy a financial maintenance covenant on a future date or in any future period) to the effect

that such financial statements

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present fairly in all material respects the financial condition, results of operations and cash flow of

the Borrower and its Subsidiaries on a consolidated basis as of the end of and for such fiscal year and accompanied by a narrative report

describing the financial position, results of operations and cash flow of the Borrower and its consolidated Subsidiaries;

(b) within

45 days after the end of each of the first three fiscal quarters of each fiscal year of the Borrower following the Effective Date (or

such later date as Form 10-Q of the Borrower is required to be filed with the SEC taking into account any extension granted by the

SEC, provided that the Borrower gives the Administrative Agent notice of any such extension), its unaudited consolidated balance sheet

and unaudited consolidated statements of operations and cash flows as of the end of and for such fiscal quarter and the then elapsed

portion of the fiscal year, setting forth in each case in comparative form the figures for the corresponding period or periods of (or,

in the case of the balance sheet, as of the end of) the previous fiscal year, all certified by a Financial Officer of the Borrower as

presenting fairly in all material respects the financial condition, results of operations and cash flows of the Borrower and its Subsidiaries

on a consolidated basis as of the end of and for such fiscal quarter and such portion of the fiscal year in accordance with GAAP consistently

applied, subject to normal year-end audit adjustments and the absence of footnotes, and accompanied by a narrative report describing

the financial position, results of operations and cash flow of the Borrower and its consolidated Subsidiaries;

(c)

concurrently with each delivery of financial statements under clause (a) or (b) above, a certificate of a Financial Officer

of the Borrower (i) certifying as to whether a Default has occurred and is continuing and, if a Default has occurred and is continuing,

specifying the details thereof and any action taken or proposed to be taken with respect thereto, (ii)

setting forth reasonably detailed calculations (A) demonstrating compliance with the covenants contained in Sections 6.12 and 6.13

and (B) in the case of financial statements delivered under clause (a) above and, solely to the extent the Borrower would be

required to prepay the Term Loans pursuant to Section 2.11(d), beginning with the financial statements for the fiscal year of the

Borrower ending December 31, 2026, of Excess Cash Flow and (iii) at any time when there is any Unrestricted Subsidiary, including

as an attachment with respect to each such financial statement, an Unrestricted Subsidiary Reconciliation Statement (except to the extent

that the information required thereby is separately provided with the public filing of such financial statement);

(d)

within 90 days after the end of each fiscal year of the Borrower (or such longer

period as permitted under Section 5.01(a)), a detailed consolidated budget for the current fiscal year (including a projected consolidated

balance sheet and consolidated statements of projected operations and cash flows as of the end of and for such fiscal year and setting

forth the assumptions used for purposes of preparing such budget;

(e)

[reserved];

(f)

promptly after the same becomes publicly available, copies of all periodic and other reports, proxy

statements and other materials filed by the Borrower or any Restricted Subsidiary with the SEC or with any national securities exchange,

or distributed by the Borrower to the holders of its Equity Interests generally, as applicable; and

(g) promptly

following any request therefor, but subject to the limitations set forth in the proviso to the last sentence of Section 5.09 and

Section 9.12, such other information regarding the operations, business affairs, assets, liabilities (including contingent liabilities)

and financial condition of the Borrower or any Restricted Subsidiary, or compliance with the terms of

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this Agreement or any other

Loan Document, as the Administrative Agent, any Issuing Bank or any Lender may reasonably request; provided that none of the Borrower

or any Restricted Subsidiary will be required to provide any information (i) that constitutes non-financial trade secrets or non-financial

proprietary information of the Borrower or any Restricted Subsidiary or any of their respective customers

and suppliers, (ii) in respect of which disclosure to the Administrative Agent or any Lender (or any of their respective

representatives) is prohibited by applicable Requirements of Law or (iii) the revelation of which would violate any confidentiality

obligations owed to any third party by the Borrower or any Restricted Subsidiary (not created in contemplation thereof); provided,

further, that if any information is withheld pursuant to clause (i), (ii), or (iii) above, the Borrower or any Restricted

Subsidiary shall promptly notify the Administrative Agent of such withholding of information and the basis therefor.

Information required

to be furnished pursuant to clause (a), (b), (f) or (g) of this Section shall be deemed to have been furnished if such

information, or one or more annual or quarterly reports containing such information, shall have been posted by the Administrative Agent

on the Platform or shall be available on the website of the SEC at http://www.sec.gov. Information required to be furnished pursuant

to this Section may also be furnished by electronic communications pursuant to procedures approved by the Administrative Agent.

SECTION 5.02.

Notices of Material Events. The Borrower will furnish to the Administrative Agent, which shall furnish to each Issuing Bank and

each Lender, prompt written notice of the following:

(a)

the occurrence of any Default;

(b)

to the extent permitted by the Requirements of Law, the filing or commencement of any action, suit

or proceeding by or before any arbitrator or Governmental Authority against or, to the knowledge of a Financial Officer or another executive

officer of the Borrower or any Restricted Subsidiary, affecting the Borrower or any Restricted Subsidiary, that in each case would reasonably

be expected to result in a Material Adverse Effect; and

occurrence of any Environmental Liability or ERISA Event that has resulted, or would reasonably be expected to result, in a Material

Adverse Effect.

Each notice delivered

under this Section shall be accompanied by a written statement of a Financial Officer or other executive officer of the Borrower

setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect

thereto.

SECTION 5.03.

Information Regarding Collateral. The Borrower will furnish to the Administrative Agent prompt written notice of any change (i) in

any Loan Party’s legal name, as set forth in such Loan Party’s organizational documents, (ii) in the jurisdiction of

incorporation or organization of any Loan Party, (iii) in the form of organization of any Loan Party or (iv) in any Loan Party’s

organizational identification number, if any, or, with respect to a Loan Party organized under the laws of a jurisdiction that requires

such information to be set forth on the face of a Uniform Commercial Code financing statement (or the equivalent thereof in each applicable

jurisdiction), the Federal Taxpayer Identification Number of such Loan Party.

SECTION 5.04.

Existence; Conduct of Business. The Borrower will, and will cause each of its Restricted Subsidiaries to, do or cause to be done

all things necessary to maintain, preserve, protect, enforce, renew and keep in full force and effect its legal existence and the rights,

licenses, permits, privileges, franchises and IP Rights in each case to the extent

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necessary for the conduct of its business; provided

that the foregoing shall not prohibit (i) any merger, consolidation, liquidation or dissolution permitted under Section 6.03

or (ii) the Borrower and each Restricted Subsidiary from allowing registered or applied-for IP Rights

to lapse, expire, become abandoned or otherwise terminate in the ordinary course of business or where, in its reasonable business judgment,

the lapse, expiration, abandonment or termination would not materially interfere with the business of the Borrower or any Restricted

Subsidiary, as applicable.

SECTION 5.05.

Payment of Taxes. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay its Tax liabilities before the

same shall become delinquent or in default, except where (a) (i) the validity or amount thereof is being contested in good

faith by appropriate proceedings and (ii) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves

with respect thereto in accordance with GAAP or (b) the failure to make payment would not reasonably be expected to result in a

Material Adverse Effect.

SECTION 5.06.

Maintenance of Properties. Except if failure to do so would not reasonably be expected to have a Material Adverse Effect, the

Borrower will, and will cause each of its Restricted Subsidiaries to, keep and maintain all property necessary for the conduct of its

business in good working order and condition, ordinary wear and tear excepted and casualty and condemnation excepted.

SECTION 5.07.

Insurance. The Borrower will, and will cause each of its Restricted Subsidiaries to, maintain, with financially sound and reputable

insurance companies, insurance in such amounts (with no greater risk retention) and against such risks as

are consistent with the past practices of the Loan Parties or otherwise as is customarily maintained by companies of established repute

engaged in the same or similar businesses operating in the same or similar locations. The Borrower shall take commercially reasonable

efforts cause the main property and liability policies maintained by or on behalf of the Borrower to (a) name the Administrative

Agent, on behalf of the Secured Parties, as an additional insured thereunder and (b) contain a loss payable clause or endorsement

that names the Administrative Agent, on behalf of the Secured Parties, as the loss payee thereunder. With respect to each Mortgaged Property

that is located in an area determined by the Federal Emergency Management Agency to have special flood hazards, the applicable Loan Party

has obtained, and will maintain, with financially sound and reputable insurance companies, such flood insurance as is required under

applicable law, including Regulation H of the Board of Governors. The Borrower will furnish to the Lenders, upon reasonable request of

the Administrative Agent, information in reasonable detail as to the insurance so maintained; provided that no Loan Party shall

be required to deliver original copies of any insurance policies.

SECTION 5.08. [Reserved].

SECTION 5.09.

Books and Records; Inspection and Audit Rights. The Borrower will, and will cause each of its Restricted Subsidiaries to, keep

proper books of record and accounts in which full, true and correct entries in conformity with GAAP and all Requirements of Law are made

of all dealings and transactions in relation to its business and activities. The Borrower will, and will cause each of its Restricted

Subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender, upon reasonable prior notice, to visit

and inspect its properties, to examine and make extracts from its books and records, and to discuss its affairs, finances and condition

with its officers and independent accountants, all at such reasonable times during regular office hours but no more often than one

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(1) time

during any calendar year absent the existence of an Event of Default; provided that excluding any such visits and inspections

during the continuation of an Event of Default, only the Administrative Agent on behalf of the Lenders may exercise visitation and inspection

rights of the Administrative Agent and the Lenders under this Section 5.09; provided, further that none of the Borrower

or any Restricted Subsidiary will be required to disclose, permit the inspection, examination or making copies or abstracts of, or discussion

of, any document, information or other matter (i) that constitutes non-financial trade secrets or non-financial proprietary information,

(ii) in respect of which disclosure to the Administrative Agent or any Lender (or their respective representatives or contractors)

is prohibited by Requirement of Law or any binding agreement (not created in contemplation thereof) or (iii) that is subject to

attorney-client or similar privilege or constitutes attorney work product.

SECTION 5.10.

Compliance with Laws. The Borrower will, and will take reasonable action to cause each of its Restricted Subsidiaries to, comply

with all Requirements of Law (including ERISA, Environmental Laws and the USA PATRIOT Act) with respect to it or its property, except

where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect.

SECTION 5.11.

Use of Proceeds; Letters of Credit. (a) The proceeds of the Term B Loans, together with cash on hand, will be used solely

for (i) the payment of fees and expenses payable in connection with the Transactions, (ii) the Effective Date Repayment and

(iii) general corporate purposes. On and prior to the Distribution Date, the proceeds of the Revolving Loans will be used for working

capital and other general corporate purposes of the Restricted Group in an aggregate amount not to exceed $30,000,000.00. Thereafter,

the proceeds of the Revolving Loans as well as the proceeds of any Incremental Extension of Credit (unless otherwise provided in the

applicable Incremental Facility Amendment) will be used for working capital and other general corporate purposes, including acquisitions

permitted by this Agreement, of the Borrower and the Restricted Subsidiaries. No part of the proceeds of any Loan will be used in violation

of the representation set forth in Section 3.10. Letters of Credit will be used by the Borrower and the Restricted Subsidiaries

for general corporate purposes.

(b) The

Borrower will not request any Borrowing or any Letter of Credit, and the Borrower shall not use, and shall procure that its Subsidiaries

and its or their respective directors, officers and employees shall not directly or knowingly indirectly use, the proceeds of any Borrowing

or Letter of Credit (A) in furtherance of an offer, payment, promise to pay or authorization of the payment or giving of money,

or anything else of value, to any Person in material violation of any Anti-Corruption Laws by the Borrower or any of its Subsidiaries,

(B) for the purpose of funding, financing or facilitating any activities, business or transaction of or with any Sanctioned Person,

or in any Sanctioned Country, except to the extent permitted for a Person required to comply with Sanctions, or (C) in any manner

that would result in the violation of any Sanctions applicable to any party hereto.

SECTION 5.12.

Additional Subsidiaries. If any additional Subsidiary (other than any Excluded Subsidiary) is formed or acquired or if any Subsidiary

becomes a Designated Subsidiary, in each case after the Effective Date, the Borrower will, as promptly as practicable and, in any event,

within 90 days (or such longer period as the Administrative Agent, acting reasonably, may agree to in writing (including electronic mail))

after such Subsidiary is formed or acquired or becomes a Designated Subsidiary, notify the Administrative Agent thereof and, to the extent

applicable, cause the Collateral and Guarantee Requirement to be satisfied with respect to such Subsidiary (and any Material Real Property

owned by such Subsidiary) and with respect to any Equity Interest in or Indebtedness of such Subsidiary owned by or on behalf of any

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Loan Party and such other documents, certificates and opinions consistent with those delivered pursuant to Section 4.01(b) that

the Administrative Agent may reasonably request with respect to such Subsidiary.

(b) The

Borrower may designate by writing to the Administrative Agent any wholly owned Restricted Subsidiary that is a U.S. Subsidiary and otherwise

an Excluded Subsidiary as a Designated Subsidiary (each such Restricted Subsidiary, a “Designated Subsidiary”).

SECTION 5.13.

Further Assurances. (a) The Borrower will, and will cause each of its Subsidiaries that is a Loan Party to, execute any and

all further documents, financing statements, agreements and instruments, and take all such further actions (including the filing and

recording of financing statements, fixture filings, mortgages, deeds of trust and other documents, and the recording of instruments in

the United States Patent and Trademark Office and the United States Copyright Office), that may be required under any applicable law,

or that the Administrative Agent or the Required Lenders may reasonably request, to cause the Collateral and Guarantee Requirement to

be and remain satisfied and are necessary in the applicable jurisdiction in order for Liens in the Collateral to remain perfected, all

at the expense of the Loan Parties. Notwithstanding anything contained in this Agreement, no Mortgage shall

be executed and delivered to the Administrative Agent with respect to any real property located in an area identified by the Federal

Emergency Management Agency (or any successor agency) as a “special flood hazard area” with respect to which flood insurance

has been made available under Flood Insurance Laws unless and until each Lender has received, at least 30 calendar days prior to such

execution and delivery, a “Life-of-Loan” Federal Emergency Management Agency Standard Flood Hazard Determination (together

with a notice about special flood hazard area status and flood disaster assistance duly executed by the Borrower and each applicable

mortgagor relating thereto) (provided, that in no event shall the Borrower be required to deliver more than one flood determination

to the Lenders as a whole) and each such lender has confirmed to the Administrative Agent that flood insurance due diligence and flood

insurance compliance has been completed to its reasonable satisfaction (such written confirmation not to be unreasonably withheld or

delayed); provided however that the time period for execution and delivery of any such Mortgage (and any related documents pursuant

to the Collateral and Guarantee Requirement) by the applicable Loan Party shall, to the extent necessary,

be automatically extended to the date on which the Administrative Agent is permitted under this Section 5.13 to enter into such

Mortgage.

(b) If

any material assets (other than Excluded Property) including any Material Real Property, or any IP Rights (other than Excluded Property)

are acquired by a Loan Party after the Effective Date (other than assets constituting Collateral under the applicable Security Document

that become subject to the Lien created by such Security Document upon acquisition thereof), the Borrower will notify the Administrative

Agent and the Lenders thereof, and, if requested by the Administrative Agent or the Required Lenders, the Borrower will cause such assets

to be subjected to a Lien securing the Obligations and will, subject to the Collateral and Guarantee Requirement, take, and cause the

Loan Parties to take, such actions as shall be necessary to grant and perfect such Liens, including actions described in paragraph (a) of

this Section, and otherwise cause the Collateral and Guarantee Requirement to be satisfied, all at the expense of the Loan Parties.

of the parties hereto acknowledges and agrees that any increase, extension or renewal of the credit facilities under this Agreement (but

excluding (i) any continuation or conversion of Borrowings, (ii) the making of any Revolving Loan or (iii) the issuance,

renewal or extension of Letters of Credit) shall be subject to the following with respect to any Mortgaged

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Property: (1) the Administrative

Agent’s prior delivery to each Revolving Lender of all flood zone determination certifications, acknowledgments and evidence of

flood insurance and other flood-related documentation with respect to such real property reasonably sufficient to evidence compliance

with the Flood Insurance Laws and (2) the Administrative Agent’s receipt of written confirmation from each Revolving Lender

that any applicable customary and reasonable flood insurance due diligence requirements of such Revolving Lender have been completed

(such written confirmation not to be unreasonably withheld, conditioned or delayed).

SECTION 5.14.

Credit Ratings. The Borrower will use reasonable efforts to cause the credit facilities made available under this Agreement to

be continuously rated by S&P and Moody’s (but not any particular rating). The Borrower will use commercially reasonable efforts

to maintain a corporate rating (but not any particular rating) from S&P and a corporate family rating (but not any particular rating)

from Moody’s, in each case in respect of the Borrower.

SECTION 5.15.

Post-Effective Date Matters. As promptly as practicable, and in any event within the time period specified in Schedule 5.15 (or

such longer period as the Administrative Agent, acting reasonably, may agree to in writing), after the Effective Date, the Borrower shall,

and shall cause each of its subsidiaries that is a Loan Party to, deliver all Mortgages that are required to be delivered pursuant to,

and otherwise satisfy, the Collateral and Guarantee Requirement (if any), except to the extent otherwise agreed by the Administrative

Agent pursuant to its authority as set forth in the definition of the term “Collateral and Guarantee Requirement” and (ii) the

Borrower shall deliver, or cause to be delivered, the items specified in Schedule 5.15 hereof or complete such undertakings described

on Schedule 5.15 hereof, if any, on or before the dates specified with respect to such items, or such later dates as may be agreed to

by, or as may be waived by, the Administrative Agent in its reasonable discretion.

SECTION 5.16. [Reserved].

SECTION 5.17.

Designation of Unrestricted Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted

Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary; provided that (a) immediately before and after such

designation, no Default or Event of Default shall have occurred and be continuing or would result from such designation, (b) immediately

after giving effect to such designation, the Consolidated First Lien Leverage Ratio, determined on a Pro Forma Basis as of the last day

of the most recently ended fiscal quarter of the Borrower, is less than 3.50 to 1.00, and the Borrower shall have delivered to the Administrative

Agent a certificate of a Financial Officer setting forth reasonably detailed calculations demonstrating compliance with this clause (b) and

(c) no Subsidiary may be designated as an Unrestricted Subsidiary if it is (i) a “restricted subsidiary” or a “guarantor”

(or any similar designation) for the Senior Unsecured Indebtedness or any Material Indebtedness that is subordinated in right of payment

to the Obligations, (ii) a Subsidiary that holds, directly or indirectly, any Equity Interests in the Borrower or (iii) the

Borrower. The designation of any Subsidiary as an Unrestricted Subsidiary shall constitute an Investment by the parent company of such

Subsidiary therein under Section 6.04(u) at the date of designation in an amount equal to the fair market value of such parent

company’s investment therein. The designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute (i) the

incurrence at the time of designation of any Indebtedness or Liens of such Subsidiary, and the making of an Investment by such Subsidiary

in any Investments of such Subsidiary, in each case existing at such time, and (ii) a return on any Investment in Unrestricted Subsidiaries

pursuant to the preceding sentence in an amount equal to the fair market value at the date of such designation of the Borrower’s

or its Subsidiary’s (as applicable) Investment in such

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Subsidiary.

Notwithstanding

anything to the contrary contained in this Agreement, in no event shall any Unrestricted Subsidiary at any time own, or exclusively license,

any Material Intellectual Property, whether through the designation of any Restricted Subsidiary that owns or exclusively licenses Material

Intellectual Property as an Unrestricted Subsidiary or through the transfer (whether pursuant to an Investment, disposition, Restricted

Payment or other transfer) or exclusive license of Material Intellectual Property by the Borrower or any Restricted Subsidiary to any

Unrestricted Subsidiary.

ARTICLE VI

Negative

Covenants

Until

the Commitments shall have expired or been terminated and the principal of and interest on each Loan and all fees, expenses and other

amounts (other than contingent amounts not yet due) payable under this Agreement or any other Loan Document have been paid in full, and

all Letters of Credit (other than those collateralized or back-stopped on terms reasonably satisfactory to the applicable Issuing Bank)

have expired or been terminated and all LC Disbursements shall have been reimbursed:

SECTION 6.01.

Indebtedness; Certain Equity Securities. (a) The Borrower will not, and will not permit any of the Restricted Subsidiaries

to, create, incur, assume or permit to exist any Indebtedness, except:

(i) Indebtedness

created hereunder and under the other Loan Documents (including any Indebtedness incurred pursuant to Section 2.21 or 2.23);

(ii) (A) the

Senior Unsecured Indebtedness and (B) Refinancing Indebtedness in respect of the Senior Unsecured Indebtedness (it being understood

and agreed that, for purposes of this Section, any Indebtedness that is incurred for the purpose of repurchasing or redeeming any Senior

Unsecured Indebtedness (or any Refinancing Indebtedness in respect thereof) shall, if otherwise meeting the requirements set forth in

the definition of the term “Refinancing Indebtedness”, be deemed to be Refinancing Indebtedness in respect of the Senior

Unsecured Indebtedness (or such Refinancing Indebtedness), and shall be permitted to be incurred and be in existence pursuant to this

Section 6.01(a) notwithstanding that the proceeds of such Refinancing Indebtedness shall not be applied to make such repurchase

or redemption of the Senior Unsecured Indebtedness (or such Refinancing Indebtedness) immediately upon the incurrence thereof, if the

proceeds of such Refinancing Indebtedness are applied to make such repurchase or redemption no later than 90 days following the date

of the incurrence thereof;

(iii) Indebtedness

(and Guarantees thereof) existing on the Effective Date and to the extent having a principal amount in excess of $5,000,000 individually,

set forth in Schedule 6.01 (in each case, except for intercompany Indebtedness), any Refinancing Indebtedness in respect thereof

and any intercompany Indebtedness existing on the Effective Date

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arising out of, or in connection with, the Transactions;

(iv) Indebtedness

of the Borrower to any Restricted Subsidiary and of any Restricted Subsidiary to the Borrower or any other Restricted Subsidiary so long

as (A) such Indebtedness of any Subsidiary that is not a Loan Party to the Borrower or any other Loan Party shall be permitted under

Section 6.04(f) and (B) such Indebtedness of the Borrower or any other Loan Party owing to any Restricted Subsidiary shall

be subordinated in right of payment to the Obligations on the terms set forth in the Global Intercompany Note (or any other agreement

with substantially similar terms of subordination reasonably satisfactory to the Administrative Agent); provided that Restricted

Subsidiaries that are not Loan Parties shall not be required to become party to the Global Intercompany Note until the 90th day after

the Effective Date (or such longer period as agreed by the Administrative Agent, acting reasonably);

(v) Guarantees

by the Borrower of Indebtedness of any Restricted Subsidiary and by any Restricted Subsidiary of Indebtedness of the Borrower or any

other Restricted Subsidiary (other than Indebtedness incurred pursuant to clause (a)(iii) or (a)(vii) of this Section 6.01);

provided that (A) the Indebtedness so Guaranteed is permitted by this Section, (B) Guarantees by the Borrower or any

other Loan Party of Indebtedness of any Subsidiary that is not a Loan Party shall be subject to Section 6.04, (C) Guarantees

permitted under this clause (v) shall be subordinated to the Obligations of the applicable Restricted Subsidiary to the same extent

and on the same terms as the Indebtedness so Guaranteed is subordinated to the Obligations (if such Indebtedness is subordinated to the

Obligations) and (D) none of the Senior Unsecured Indebtedness shall be Guaranteed by any Subsidiary unless such Subsidiary

is a Loan Party;

(vi) (A) Indebtedness

of any member of the Restricted Group incurred to finance the acquisition, construction, repair, replacement or improvement of any fixed

or capital assets, including Capital Lease Obligations and any Indebtedness assumed by any member of the Restricted Group in connection

with the acquisition of any such assets or secured by a Lien on any such assets prior to the acquisition thereof; provided that

such Indebtedness is incurred prior to or within 270 days after such acquisition or the completion of such construction, repair, replacement

or improvement, and (B) Refinancing Indebtedness in respect of Indebtedness incurred or assumed pursuant to clause (A) above;

provided further that at the time of incurrence thereof, the aggregate principal amount of Indebtedness permitted by this clause

(vi), together with any sale and leaseback transaction incurred pursuant to Section 6.06, outstanding under this clause (vi) at

any time shall not exceed the greater of (x) $250,000,000 and (y) 25% of LTM Consolidated EBITDA.

(vii) (A) Indebtedness

of any Person that becomes a Restricted Subsidiary (or of any Person not previously a Restricted Subsidiary that is merged or consolidated

with or into a Restricted Subsidiary in a transaction permitted hereunder) after the Effective Date, or Indebtedness of any Person that

is assumed by any Restricted Subsidiary in connection with an

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acquisition of assets by such Restricted Subsidiary in an acquisition permitted

by Section 6.04; provided that such Indebtedness exists at the time such Person becomes a Restricted Subsidiary (or is so

merged or consolidated) or such assets are acquired and is not created in contemplation of or in connection with such Person becoming

a Restricted Subsidiary (or such merger or consolidation) or such assets being acquired and (B) Refinancing Indebtedness in respect

of Indebtedness incurred or assumed, as applicable, pursuant to clause (A) above;

(viii) other

Indebtedness in an aggregate principal amount outstanding under this clause (viii) at any time not exceeding, the greater of (x)

$500,000,000 and (y) 50% of LTM Consolidated EBITDA,

(ix) Indebtedness

incurred pursuant to Permitted Receivables Facilities; provided that the Indebtedness outstanding in reliance on this clause (ix) shall

not exceed, at the time of incurrence thereof, the greater of (x) $500,000,000 and (y) 50% of LTM Consolidated EBITDA in the

aggregate;

(x) Indebtedness

and obligations in respect of self-insurance and obligations in respect of bids, tenders, trade contracts (other than for payment of

Indebtedness), leases (other than Capital Lease Obligations), public or statutory obligations (except decommissioning or remediation

obligations, including those pursuant to the Resource Conversation and Recovery Act or required by the U.S. Nuclear Regulatory Commission),

surety, stay, customs and appeal bonds, and other obligations of a like nature and similar obligations or obligations in respect of letters

of credit, bank guarantees or similar instruments related thereto, in each case provided in the ordinary course of business;

(xi) Indebtedness

in respect of Hedging Agreements permitted by Section 6.07 (including any Back to Back Arrangements);

(xii) Indebtedness

in respect of any overdraft facilities, employee credit card programs, netting services, automated clearinghouse arrangements and other

cash management and similar arrangements in the ordinary course of business; provided, that with respect to any such Indebtedness

that constitutes Secured Cash Management Obligations and is incurred in reliance on this clause (xii) by Restricted Subsidiaries

that are not Loan Parties, at the time such Indebtedness is incurred and after giving effect thereto, the Non-Guarantor Debt Basket shall

not be exceeded;

(xiii) Indebtedness

in the form of deferred compensation (including indemnification obligations, obligations in respect of purchase price adjustments, earnouts,

non-competition agreements and other contingent arrangements) or other arrangements representing acquisition consideration or deferred

payments of a similar nature incurred in connection with any acquisition or other investment permitted under this Agreement;

(xiv) Refinancing

Term Loan Indebtedness incurred pursuant to Section 2.23; provided that the Net Proceeds thereof are used to make the

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prepayments

required under clause (a)(iii) of Section 2.23;

(xv) Alternative

Incremental Facility Debt, provided that the (A) aggregate principal amount of such Alternative Incremental Facility Debt

shall not exceed the amount permitted under Section 2.21 and (B) if any such Alternative Incremental Facility Debt (1) is

secured by Liens on the Collateral on a pari passu basis with the Liens securing the Obligations or (2) is secured by Liens

on the Collateral on a junior basis to the Liens securing the Obligations, such Alternative Incremental Facility Debt shall be subject

to an Acceptable Intercreditor Agreement; provided that the “most favored nation” pricing adjustment (if applicable)

set forth in the proviso to Section 2.21(b) shall apply to any Alternative Incremental Facility Debt in the form of term loans

that satisfies the MFN Provision;

(xvi) Indebtedness

representing deferred compensation to directors, officers, consultants or employees of the Borrower and the Restricted Subsidiaries incurred

in the ordinary course of business;

(xvii) Indebtedness

consisting of promissory notes issued by any Loan Party to current or former officers, directors, consultants and employees or their

respective estates, spouses or former spouses to finance the purchase or redemption of Equity Interests of the Borrower permitted by

Section 6.08;

(xviii)

[reserved];

(xix) Indebtedness

of Restricted Subsidiaries that are not Loan Parties under bilateral local law credit and other working capital facilities that are not

secured by the Collateral; provided that at the time such Indebtedness is incurred under this clause (xix) and after giving

effect thereto, such incurrence shall not cause the Non-Guarantor Debt Basket to be exceeded (without duplication of any Cash Management

Financing Facilities); provided, further that any such Indebtedness secured by a Letter of Credit issued hereunder in a

principal amount not to exceed the face amount of such Indebtedness shall not count toward the aggregate amount permitted under this

Section 6.01(a)(xix) (including the Non-Guarantor Debt Basket);

(xx) other

Indebtedness of the Borrower or any of its Restricted Subsidiaries so long as (A) after giving effect thereto on a Pro Forma Basis

(1) in the case of Indebtedness that is secured by a Lien on the Collateral on a pari passu basis to the Liens securing the

Obligations, the Consolidated First Lien Leverage Ratio does not exceed (I) 2.50 to 1.00 or (II) if incurred in connection

with a Permitted Acquisition, the greater of (x) 2.50 to 1.00 and (y) the Consolidated First Lien Leverage Ratio immediately

prior to such incurrence, (2) in the case of Indebtedness secured by a Lien on the Collateral on a junior basis to the Liens securing

the Obligations, the Consolidated Secured Leverage Ratio does not exceed (I) 3.00 to 1.00 or (II) if incurred in connection

with a Permitted Acquisition, the greater of (x) 3.00 to 1.00 and (y) the Consolidated Secured Leverage Ratio immediately prior

to such incurrence and (3) in the case of any Indebtedness that is unsecured,

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the Consolidated Total Leverage Ratio does not exceed

(I) 4.00 to 1.00 or (II) if incurred in connection with a Permitted Acquisition, the greater of (x) 4.00 to 1.00 and (y) the

Consolidated Total Leverage Ratio immediately prior to such incurrence, (B) the incurrence of Indebtedness pursuant to this clause

(xx) by a Restricted Subsidiary that is not a Loan Party shall not cause the Non-Guarantor Debt Basket to be exceeded (after giving

effect thereto on a Pro Forma Basis), (C) such Indebtedness shall not mature or, in the case of unsecured Indebtedness and Indebtedness

secured by a Lien on the Collateral that is junior to the Liens securing the Obligations, require any scheduled amortization or require

any scheduled amortization or require scheduled payments of principal or shall be subject to any mandatory redemption, repurchase, repayment

or sinking fund obligation, in each case, prior to the Latest Maturity Date as of such date, and shall have a weighted average life to

maturity not shorter than the longest remaining weighted average life to maturity of the Loans, (D) no Event of Default shall exist

or shall result therefrom (it being understood that if the proceeds of the relevant Indebtedness will be applied to finance a Limited

Condition Transaction and the Borrower has made an LCT Election, no Event of Default shall exist and be continuing as of the LCT Test

Date), (E) such Indebtedness has terms and conditions that in the good faith determination of the Borrower are no less favorable

to the Borrower (when taken as a whole) to the terms and conditions of the Loan Documents (when taken as a whole) and (F) if any

such Indebtedness (1) is secured by Liens on the Collateral on a pari passu basis with the Liens securing the Obligations

or (2) is secured by Liens on the Collateral on a junior basis to the Liens securing the Obligations, such Indebtedness shall be

subject to an Acceptable Intercreditor Agreement; provided further that the “most favored nation” pricing adjustment

(if applicable) set forth in the proviso to Section 2.21(b) shall apply to Indebtedness in the form of term loans incurred

under this clause (xx) that satisfies the MFN Provision;

(xxi) Indebtedness

constituting obligations arising in respect of Cash Management Services;

(xxii) Indebtedness

constituting Secured Hedging Obligations;

(xxiii) Indebtedness

consisting of (A) the financing of insurance premiums or (B) take-or-pay obligations contained in supply arrangements, in each

case, in the ordinary course of business;

(xxiv) Indebtedness

constituting Secured Supply Chain Financing Obligations;

(xxv) Indebtedness

incurred by a Restricted Subsidiary in connection with (a) bankers’ acceptances, (b) discounted bills of exchange or

(c) the discounting or factoring of receivables for credit management purposes, in each case under subclauses (b) and (c) incurred

or undertaken in the ordinary course of business on arm’s length commercial terms on a non-recourse basis;

(xxvi) Indebtedness

incurred by the Borrower or any of the

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Restricted Subsidiaries in respect of letters of credit, bank

guarantees, bankers’ acceptances or similar instruments issued or created in the ordinary course of business or consistent with

past practice, in each case, in respect of workers’ compensation claims, health, disability or other employee benefits or property,

casualty or liability insurance or self-insurance or other reimbursement-type obligations regarding workers’ compensation claims;

(xxvii) (x) Indebtedness

in respect of obligations of the Borrower or any Restricted Subsidiary to pay the deferred purchase price of goods or services or progress

payments in connection with such goods and services; provided that such obligations are incurred in connection with open accounts extended

by suppliers on customary trade terms in the ordinary course of business and not in connection with the borrowing of money and (y) Indebtedness

in respect of intercompany obligations of the Borrower or any Restricted Subsidiary in respect of accounts payable incurred in connection

with goods sold or services rendered in the ordinary course of business and not in connection with the borrowing of money;

(xxviii) Indebtedness

to a customer to finance the acquisition of any equipment necessary to perform services for such customer; provided that the terms of

such Indebtedness are consistent with those entered into with respect to similar Indebtedness prior to the Effective Date, including

that (x) the repayment of such Indebtedness is conditional upon such customer ordering a specific volume of goods and (y) such

Indebtedness does not bear interest or provide for scheduled amortization or maturity;

(xxix) (x) tenant

improvement loans and allowances in the ordinary course of business and (y) to the extent constituting Indebtedness, guaranties

in the ordinary course of business of the obligations of suppliers, customers, franchisees, lessors and licensees of the Borrower and

any Restricted Subsidiary;

(xxx) Indebtedness

in respect of Additional Letter of Credit Facilities in an aggregate principal or face amount at any time outstanding not to exceed $750,000,000;

and

(xxxi) all

premiums (if any), interest (including post-petition interest), fees, expenses, charges and additional or contingent interest on obligations

described in clauses (i) through (xxx) above.

(b) For

purposes of determining compliance with this Section 6.01, in the event that an item of Indebtedness at any time, whether at the

time of incurrence or upon the application of all or a portion of the proceeds thereof or subsequently, meets the criteria of more than

one of the categories (other than ratio-based baskets) of Section 6.01(a), the Borrower and the Restricted Subsidiaries shall, in

their sole discretion, divide, classify or reclassify, or at any later time divide, classify or reclassify, such item of Indebtedness

solely between and among such categories and in each case, that would be permitted to be incurred in reliance on the applicable exception

as of the date of such reclassification; provided that Indebtedness incurred hereunder shall only be classified as incurred

under Section 6.01(a)(i) and the Senior Unsecured Indebtedness shall only be classified as incurred under Section 6.01(a)(ii)(A).

Accrual of interest or dividends, the accretion of accreted value, the accretion or amortization of original issue

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discount, the payment

of interest or dividends in the form of additional Indebtedness with the same terms, the payment of dividends on Disqualified Equity

Interests in the form of additional shares of Disqualified Equity Interests of the same class, the accretion of liquidation preference

and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies will not

be deemed to be an incurrence of Indebtedness or Disqualified Equity Interests for purposes of this covenant. Guarantees of, or obligations

in respect of letters of credit relating to, Indebtedness that are otherwise included in the determination of a particular amount

of Indebtedness shall not be included in the determination of such amount of Indebtedness; provided that the incurrence of the

Indebtedness represented by such guarantee or letter of credit, as the case may be, was in compliance with this covenant.

purposes of determining compliance with any dollar-denominated restriction on the incurrence of Indebtedness, the principal amount of

Indebtedness denominated in a foreign currency shall be calculated based on the relevant currency exchange rate in effect on the date

such Indebtedness was incurred, in the case of term debt, or first committed or first incurred (at the Borrower’s election), in

the case of revolving credit debt; provided that if such Indebtedness is incurred to refinance other Indebtedness denominated

in a foreign currency, and such refinancing would cause the applicable dollar-denominated restriction to be exceeded if calculated at

the relevant currency exchange rate in effect on the date of such refinancing, such dollar-denominated restriction shall be deemed not

to have been exceeded so long as the principal amount of such refinancing Indebtedness does not exceed the principal amount of such Indebtedness

being refinanced (plus the aggregate amount of premiums (including reasonable tender premiums), defeasance costs and fees, discounts

and expenses in connection therewith).

SECTION 6.02.

Liens. (a) The Borrower will not, and will not permit any of the Restricted Subsidiaries to, create, incur, assume or permit

to exist any Lien on any asset now owned or hereafter acquired by it, except:

(i)

Liens created under the Loan Documents;

(ii)

Permitted Encumbrances;

(iii)

any Lien on any asset of the Borrower or any Restricted Subsidiary existing on the Effective Date or

the Distribution Date and to the extent securing Indebtedness or obligations (other than intercompany Indebtedness

or obligations) having a principal amount in excess of $5,000,000 individually, as set forth in Schedule

6.02; provided that (A) such Lien shall not apply to any other asset of the Borrower or any Restricted Subsidiary (other

than assets financed by the same financing source in the ordinary course of business) and (B) such Lien shall secure only those

obligations that it secures on the Effective Date or the Distribution Date, as applicable, and extensions, renewals, replacements and

refinancings thereof so long as the principal amount of such extensions, renewals, replacements and refinancings does not exceed the

principal amount of the obligations being extended, renewed, replaced or refinanced or, in the case of any such obligations constituting

Indebtedness, that are permitted under Section 6.01(a)(iii) as Refinancing Indebtedness in respect thereof;

(iv) any

Lien existing on any asset prior to the acquisition thereof by the Borrower or any Restricted Subsidiary or existing on any asset of

any

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Person that becomes

a Restricted Subsidiary (or of any Person not previously a Restricted Subsidiary that is merged or consolidated with or into a Restricted

Subsidiary in a transaction permitted hereunder) after the Effective Date prior to the time such Person becomes a Restricted Subsidiary

(or is so merged or consolidated); provided that (A) such Lien is not created in contemplation of or in connection with such

acquisition or such Person becoming a Restricted Subsidiary (or such merger or consolidation), (B) such Lien shall not apply to

any other asset of the Borrower or any Restricted Subsidiary (other than (x) assets financed by the same financing source in the

ordinary course of business and (y) in the case of any such merger or consolidation, the assets of any special purpose merger Subsidiary

that is a party thereto) and (C) such Lien shall secure only those obligations that it secures on the date of such acquisition or

the date such Person becomes a Restricted Subsidiary (or is so merged or consolidated) and extensions, renewals, replacements and refinancings

thereof so long as the principal amount of such extensions, renewals and replacements does not exceed the principal amount of the obligations

being extended, renewed or replaced or, in the case of any such obligations constituting Indebtedness, that are permitted under Section 6.01(a)(vii) as

Refinancing Indebtedness in respect thereof;

(v) Liens

on fixed or capital assets acquired, constructed, repaired, replaced or improved (including any such assets made the subject of a Capital

Lease Obligation incurred) by the Borrower or any Restricted Subsidiary; provided that (A) such Liens secure Indebtedness

incurred to finance such acquisition, construction, repair, replacement or improvement and permitted by clause (vi)(A) of Section 6.01(a) or

any Refinancing Indebtedness in respect thereof permitted by clause (vi)(B) of Section 6.01(a), (B) such Liens and the

Indebtedness secured thereby are incurred prior to or within 270 days after such acquisition or the completion of such construction,

repair, replacement or improvement (provided that this clause (B) shall not apply to any Refinancing Indebtedness permitted

by clause (vi)(B) of Section 6.01(a) or any Lien securing such Refinancing Indebtedness), (C) the Indebtedness secured

thereby does not exceed the cost of acquiring, constructing, repairing, replacing or improving such fixed or capital asset and in any

event, the aggregate principal amount of such Indebtedness does not exceed the amount permitted under the second proviso of Section 6.01(a)(vi) at

any time outstanding and (D) such Liens shall not apply to any other property or assets of the Borrower or any Restricted Subsidiary

(except assets financed by the same financing source in the ordinary course of business);

(vi)

customary rights and restrictions contained in agreements relating to such sale or transfer pending the

completion thereof in connection with the sale or transfer of any Equity Interests or other assets in a transaction permitted under Section 6.05;

(vii)

any encumbrance or restriction (including put and call arrangements, tag, drag, right of first refusal and similar rights) with respect

to Equity Interests of any (A) Restricted Subsidiary that is not a wholly owned Subsidiary or (B) joint venture or similar

arrangement pursuant to

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any joint venture or similar agreement;

(viii)

Liens on any cash advances or cash earnest money deposits, escrow arrangements or similar arrangements made by the Borrower or any Restricted

Subsidiary in connection with any letter of intent or purchase agreement for an acquisition or other transaction permitted hereunder;

(ix)

Liens on Collateral securing any Permitted Second Priority Refinancing Debt or Alternative Incremental Facility Debt; provided

that such Liens are subject to the terms of an Acceptable Intercreditor Agreement;

(x)

Liens granted by a Subsidiary that is not a Loan Party in respect of Indebtedness permitted to be incurred

by such Subsidiary under Section 6.01;

(xi)

Liens not otherwise permitted by this Section to the extent that the aggregate outstanding principal amount of the obligations secured

thereby outstanding under this clause (xi) at any time does not exceed the greater of (x) $250,000,000 and (y) 25% of

LTM Consolidated EBITDA;

(xii)

Liens securing Indebtedness incurred as secured Indebtedness under Section 6.01(a)(xv) or (xx);

(xiii)

[reserved];Liens on the proceeds of any Eclipse

Acquisition Permanent Financing funded into escrow, and on the account into which such proceeds are funded, in favor of the applicable

escrow agent and solely for so long as such proceeds are maintained in such account;

(xiv)

Liens securing the Additional Letter of Credit Facilities (other than Secured Additional Letter of Credit Facilities) permitted under

Section 6.01(a)(xxx) and subject to an Acceptable Intercreditor Agreement;

(xv)

Liens on property or other assets of any Restricted Subsidiary that is not a Loan Party, which Liens secure Indebtedness of such Restricted

Subsidiary or another Restricted Subsidiary that is not a Loan Party, in each case permitted under Section 6.01(a);

(xvi)

Liens on the Collateral created under the Loan Documents securing Secured Cash Management Obligations, Secured Hedging Obligations, Secured

Supply Chain Financing Obligations and Secured Additional Letter of Credit Facility Obligations;

(xvii)

Liens on cash and Permitted Investments used to satisfy or discharge Indebtedness; provided such satisfaction or discharge is permitted

hereunder;

(xviii)

Liens on Equity Interests of any joint venture or Unrestricted Subsidiary (a) securing obligations of such joint venture or Unrestricted

Subsidiary or (b) pursuant to the relevant joint venture agreement or

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arrangement;

(xix)

Liens on cash, Permitted Investments or other marketable securities securing (A) letters of credit of any Loan Party that are cash

collateralized on the Effective Date in an amount of cash, Permitted Investments or other marketable securities with a fair market value

of up to 105% of the face amount of such letters of credit being secured or (B) letters of credit and other credit support obligations

in the ordinary course of business; and

(xx)

any Liens on cash or deposits granted in favor of any Issuing Bank to cash collateralize any Defaulting Lender’s participation

in Letters of Credit or other obligations in respect of Letters of Credit, in each case as contemplated by this Agreement;

provided that

the expansion of Liens by virtue of accretion or amortization of original issue discount, the payment of dividends in the form of Indebtedness,

and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies will not

be deemed to be an incurrence of Liens for purposes of this Section 6.02. For purposes of determining compliance with this Section 6.02,

(x) a Lien need not be incurred solely by reference to one category of Liens described in this Section 6.02 but may be incurred

under any combination of such categories (including in part under one such category and in part under any other such category) and (y) in

the event that a Lien (or any portion thereof) meets the criteria of one or more of such categories hereof

(other than ratio-based baskets, if any), the Borrower and the Restricted Subsidiaries shall, in their sole discretion, classify or reclassify

such Lien (or any portion thereof) solely between and among such categories and, in each case, that would be permitted to be incurred

in reliance on the applicable exception as of the date of such reclassification.

Notwithstanding

the foregoing, (i) the Borrower will not, and will not permit any of its Restricted Subsidiaries that are not Loan Parties to suffer

to exist any Lien on the Metropolis Property to secure Indebtedness for borrowed money without securing

the Obligations hereunder on a first-priority basis for so long as such Indebtedness for borrowed money shall be so secured and (ii) the

Borrower will not permit any of its Subsidiaries that not Loan Parties to suffer to exist any Lien on any U.S. Intellectual Property

of any of such Subsidiaries to secure Indebtedness for borrowed money unless such Lien is a Permitted Encumbrance.

SECTION 6.03.

Fundamental Changes. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, merge into or

consolidate with any other Person, or permit any other Person to merge into or consolidate with it, or liquidate or dissolve, divide

or otherwise dispose of all or substantially all of its properties and assets to any Person or group of Persons (which, for the avoidance

of doubt, shall not restrict the change in organizational form), except that, if at the time thereof and immediately after giving effect

thereto no Default shall have occurred and be continuing:

(i)

any Restricted Subsidiary may merge into or consolidate with (A) the Borrower so long as the Borrower shall be the continuing or surviving

Person (and continues to be organized under the laws of the same jurisdiction), (B) [reserved] and (C) any other Restricted

Subsidiary in a transaction in which the surviving entity is a Restricted Subsidiary and, if any party to such merger or consolidation

is a Loan Party, either (x) the

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continuing or surviving entity is a Loan Party or (y) the acquisition of such Loan Party by

such continuing or surviving Person is otherwise permitted under 6.04; provided, that, after giving effect to any such activities

under this Section 6.03(a)(i), the Loan Parties are in compliance with the Collateral and Guarantee Requirement in Sections 5.12

and 5.13;

(ii)

[reserved];

(iii)

any Restricted Subsidiary that is not the Borrower may liquidate or dissolve if the Borrower determines in good faith that such liquidation

or dissolution is in the best interests of the business of the Restricted Group and is not materially disadvantageous to the Lenders;

provided that any such merger or consolidation involving a Person that is not a wholly owned Restricted Subsidiary immediately

prior to such merger or consolidation shall not be permitted unless it is also permitted by Section 6.04;

(iv) any

Restricted Subsidiary may engage in a merger, consolidation, dissolution or liquidation, the purpose of which is to effect an Investment

permitted pursuant to Section 6.04 or a disposition permitted pursuant to Section 6.05; and

(v) so

long as no Default shall have occurred and be continuing, or would result therefrom, the Borrower may merge or consolidate with (or dispose

of all or substantially all of its assets to) any other Person; provided that (A) the Borrower shall be the continuing or surviving

Person or (B) if (x) the Person formed by or surviving any such merger or consolidation is not the Borrower (y) the

Borrower is not the Person into which the Borrower has been liquidated or (z) in connection with a disposition of all or

substantially all of the Borrower’s assets, the Person that is the transferee of such assets is not the Borrower (any such Person,

a “Successor Borrower”), (1) the Successor Borrower shall be an entity organized or existing under the laws of

the United States or any other jurisdiction reasonably consented to by the Administrative Agent, (2) the Successor Borrower shall

expressly assume all the obligations of the Borrower under this Agreement and the other Loan Documents to which the Borrower is a party

pursuant to a supplement, amendment or restatement hereto or thereto in form reasonably satisfactory to the Administrative Agent and

the other Loan Parties shall have reaffirmed their obligations under the Guarantee Agreement and Collateral Agreement, (3) if reasonably

requested by the Administrative Agent, the Borrower shall have delivered to the Administrative Agent an officer’s certificate and

an opinion of counsel, each stating that such merger or consolidation and such supplement, amendment or restatement to this Agreement

or any Loan Document comply with this Agreement, (4) the Successor Borrower shall provide any documentation and other information

about such person as shall have been reasonably requested in writing by any Lender through the Administrative Agent that such Lender

shall have reasonably determined is required by regulatory authorities under applicable “know your customer” and anti-money

laundering rules and regulations, including the PATRIOT Act; provided, further, that if the foregoing are satisfied,

the Successor Borrower, will succeed to, and be substituted for, the

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Borrower under this Agreement and the original the Borrower will

be released.

(b) the

Borrower and the Restricted Subsidiaries, taken as a whole, will not engage to any material extent in any business other than businesses

of the type to be conducted by the Borrower and the Restricted Subsidiaries as described in the Form 10 if as a result thereof the

business conducted by the Borrower and the Restricted Subsidiaries, taken as a whole, would be substantially different from the business

conducted by the Borrower and the Restricted Subsidiaries, taken as a whole, on the Effective Date; provided that businesses reasonably

related, incidental or ancillary thereto to the business conducted by the Borrower and the Restricted Subsidiaries, taken as a whole,

on the Effective Date or reasonable extensions thereof shall be permitted hereunder.

SECTION 6.04.

Investments, Loans, Advances, Guarantees and Acquisitions. The Borrower will not, and will not permit any Restricted Subsidiary

to, make any Investment, except:

(a) Permitted

Investments and cash;

(b)

investments constituting the purchase or other acquisition (in one transaction or a series of related

transactions) of all or substantially all of the property and assets or business of any Person or of assets constituting a business unit,

a line of business or division of such Person, or the Equity Interests in a Person that, upon the consummation thereof, will be a Restricted

Subsidiary if, after giving effect thereto on a Pro Forma Basis, the Borrower would be in compliance with Sections 6.12 and 6.13; provided

that the aggregate amount of cash consideration paid in respect of such investments (including in the form of loans or advances made

to Restricted Subsidiaries that are not Loan Parties) by Loan Parties involving the acquisition of Restricted Subsidiaries that do not

become Loan Parties shall not, at the time such investment is made and after giving effect thereto, cause the Non-Guarantor Investment

Basket to be exceeded ( provided, that to the extent such Restricted Subsidiaries do become Loan Parties, the aggregate amount

outstanding in reliance on this clause (b) shall be reduced by the amount initially utilized);

(c)

[reserved]the Eclipse Acquisition;

(d)

Investments existing on the Effective Date or the Distribution Date (or in the case of replacement

guarantees to be provided by the Borrower in lieu of previously existing Honeywell parent guarantees, within 60 days after the Distribution

Date) and to the extent having a principal amount in excess of $5,000,000 individually, set forth on Schedule 6.04 and any modification,

replacement, renewal, reinvestment or extension thereof;

(e) Investments

by the Borrower and the Restricted Subsidiaries in Equity Interests of their respective Restricted Subsidiaries; provided

that (i) any such Equity Interests held by a Loan Party in any other Loan Party shall be pledged to the extent required by the definition

of the term “Collateral and Guarantee Requirement” and (ii) the making of such Investment by any Loan Party in any Restricted

Subsidiary that is not a Loan Party shall not, at the time such Investment is made and after giving effect thereto, cause the Non-Guarantor

Investment Basket to be exceeded, provided that if any such investment under this subclause (ii) is made for the purpose

of making an investment, loan or advance permitted under clause (u) of this Section, the amount available under this clause (e) shall

not be reduced by the amount of any

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such investment, loan or advance which reduces the basket under clause (u) of this Section;

(f) loans

or advances made by the Borrower to any Restricted Subsidiary and made by any Restricted Subsidiary to the Borrower or any other Restricted

Subsidiary; provided that (i) any such loans and advances made by a Loan Party shall be evidenced, on and after the Effective

Date, by the Global Intercompany Note or other promissory notes reasonably acceptable to the Administrative Agent and (ii) the outstanding

amount of such loans and advances made by Loan Parties to Restricted Subsidiaries that are not Loan Parties at the time such loans or

advances are made, and after giving effect thereto, shall not cause the Non-Guarantor Investment Basket to be exceeded, provided

that any intercompany loans or advances made by any Loan Party to any Restricted Subsidiary that is not a Loan Party using the proceeds

of intercompany loans or advances received from Restricted Subsidiaries that are not Loan Parties no more than 120 days prior to making

such intercompany loan or advance shall not be taken into account in the calculation of any restriction or basket set forth in this subclause

(ii) (including the Non-Guarantor Investment Basket); provided further that if any such loan or advance under this subclause

(ii) is made for the purpose of making an investment, loan or advance permitted under clause (u) of this Section, the amount

available under this clause (f) shall not be reduced by the amount of any such investment, loan or advance which reduces the basket

under clause (u) of this Section, provided further that any loan or advance made by any Loan Party to a Restricted Subsidiary

that is not a Loan Party, for the purposes of calculating usage under this subclause (ii) and the Non-Guarantor Investment Basket,

shall be reduced dollar-for-dollar by any amounts owed by such Loan Party to such Restricted Subsidiary that is not a Loan Party;

(g) Guarantees

by the Borrower or any Restricted Subsidiary in respect of Indebtedness permitted under Section 6.01 and in respect of other obligations

not otherwise contemplated by this Section 6.04, in each case of the Borrower or any Restricted Subsidiary; provided that

any such Guarantees of Indebtedness and such other obligations, in each case of Restricted Subsidiaries that are not Loan Parties

by any Loan Party (other than with respect to Cash Management Financing Facilities) shall not, at the time

any such Guarantee is provided and after giving effect thereto, cause the Non-Guarantor Investment Basket to be exceeded;

(h) loans

or advances to officers, directors, consultants and employees of the Borrower and the Restricted Subsidiaries (i) for reasonable

and customary business-related travel, entertainment, relocation and analogous ordinary business purposes, and (ii) for purposes

not described in the foregoing subclause (i), in an aggregate principal amount outstanding not to exceed $10,000,000 (collectively for

all amounts incurred and outstanding pursuant to clause (ii));

(i) payroll,

travel and similar advances to cover matters that are expected at the time of such advances ultimately to be treated as expenses of the

Borrower or any Restricted Subsidiary for accounting purposes and that are made in the ordinary course of business;

(j) investments

received in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts and disputes with, customers and

suppliers or upon the foreclosure with respect to any secured Investment or other transfer of title with respect to any secured Investment,

in each case in the ordinary course of business;

(k) investments

in the form of Hedging Agreements permitted by Section 6.07 (including any Back to Back Arrangements);

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(l) investments

of any Person existing at the time such Person becomes a Restricted Subsidiary or consolidates or merges with the Borrower or any Restricted

Subsidiary so long as such investments were not made in contemplation of such Person becoming a Restricted Subsidiary or of such consolidation

or merger;

(m) investments

resulting from pledges or deposits described in clause (c) or (d) of the definition of the term “Permitted Encumbrance”;

(n) investments

made as a result of the receipt of noncash consideration from a sale, transfer, lease or other disposition of any asset in compliance

with Section 6.05;

(o) investments

that result solely from the receipt by the Borrower or any Restricted Subsidiary from any of its Subsidiaries of a dividend or other

Restricted Payment in the form of Equity Interests, evidences of Indebtedness or other securities (but not any additions thereto made

after the date of the receipt thereof);

(p) receivables

or other trade payables owing to the Borrower or a Restricted Subsidiary if created or acquired in the ordinary course of business and

payable or dischargeable in accordance with customary trade terms; provided that such trade terms may include such concessionary

trade terms as the Borrower or any Restricted Subsidiary deems reasonable under the circumstances;

(q) mergers

and consolidations permitted under Section 6.03 that do not involve any Person other than the Borrower and Restricted Subsidiaries

that are wholly owned Restricted Subsidiaries;

(r) Investments

in the form of letters of credit, bank guarantees, performance bonds or similar instruments or other creditor support or reimbursement

obligations made in the ordinary course of business by the Borrower on behalf of any Restricted Subsidiary and made by any Restricted

Subsidiary on behalf of the Borrower or any other Restricted Subsidiary; provided that at the time such letters of credit, bank

guarantees, performance bonds or similar instruments or other creditor support or reimbursement obligations are made by Loan Parties

on behalf of Restricted Subsidiaries that are not Loan Parties pursuant to this clause (r), and after giving effect thereto, such obligations

shall not cause the Non-Guarantor Investment Basket to be exceeded;

(s) Guarantees

by the Borrower or any Restricted Subsidiary of leases (other than Capital Lease Obligations) or of other obligations that do not constitute

Indebtedness, in each case entered into in the ordinary course of business;

(t) Investments,

so long as, after giving effect thereto, the Consolidated Total Leverage Ratio does not exceed 3.75:1.00; provided that no Specified

Event of Default has occurred and is continuing or would occur as a consequence therefrom;

(u) other

Investments by the Borrower or any Restricted Subsidiary (and loans and advances by the Borrower) in an aggregate amount, as valued at

cost at the time each such Investment is made and including all related commitments for future Investments (and the principal amount

of any Indebtedness that is assumed or otherwise incurred in connection with such Investment), outstanding under this clause (u) at

any time in an aggregate amount not exceeding the sum of (i) the greater of (x) $750,000,000 and (y) 75% of LTM Consolidated

EBITDA plus (ii) so long as no Default or Event of Default has occurred and is continuing or

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would result therefrom, the

Available Amount at such time in the aggregate for all such investments made or committed to be made from and after the Distribution

Date plus an amount equal to any returns of capital or sale proceeds actually received in cash in respect of any such Investments (which

amount shall not exceed the amount of such Investment valued at cost at the time such investment was made);

(v) Investments

consisting of (i) extensions of trade credit and accommodation guarantees in the ordinary course of business and (ii) loans

and advances to customers; provided that the aggregate principal amount of such loans and advances outstanding under this clause (ii) at

any time shall not exceed $10,000,000;

(w) Investments made on

or prior to the Distribution Date in connection with the Transactions;

(x) Investments

in the ordinary course of business consisting of Uniform Commercial Code Article 3 endorsements for collection or deposit and Uniform

Commercial Code Article 4 customary trade arrangements with customers in the ordinary course of business;

(y) Investments

(A) for utilities, security deposits, leases and similar prepaid expenses incurred in the ordinary course of business and (B) in

the form of trade accounts created, or prepaid expenses accrued, in the ordinary course of business;

(z) non-cash

Investments in connection with tax planning and reorganization activities; provided that, after giving effect to any such activities,

the security interests of the Lenders in the Collateral, taken as a whole, would not be materially impaired;

(aa)

customary Investments in connection with Permitted Receivables Facilities;

(bb)

Investments in joint ventures and Unrestricted Subsidiaries; provided that at the time of any such Investment on a Pro Forma Basis, the

aggregate amount at any time outstanding of all such Investments made in reliance on this clause (bb) shall not exceed the greater of

(x) $120,000,000 and (y) 12% of LTM Consolidated EBITDA;

(cc)

Investments in the form of loans or advances made to distributors and suppliers in the ordinary course of business; and

(dd)

to the extent they constitute Investments, guaranties in the ordinary course of business of the obligations of suppliers, customers,

franchisees, lessors and licensees of the Borrower and any Restricted Subsidiary.

For purposes of

this Section 6.04, if any Investment (or a portion thereof) would be permitted pursuant to one or more of the provisions described

above and/or one or more of the exceptions contained in this Section 6.04 (other than ratio-based baskets, if any), the Borrower

and the Restricted Subsidiaries may divide and classify such Investment (or a portion thereof) in any manner that complies with this

covenant and may later divide and reclassify any such Investment so long as the Investment (as so divided and/or reclassified) would

be permitted to be made in reliance on the applicable exception as of the date of such reclassification;

provided that the Eclipse Acquisition shall only be permitted pursuant to Section 6.04(c) and shall not be divided or reclassified.

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SECTION 6.05.

Asset Sales. The Borrower will not, and will not permit any Restricted Subsidiary to, sell, transfer, lease or otherwise dispose

of any asset (other than assets sold, transferred, leased or otherwise disposed of in a single transaction or a series of related transactions

with a fair market value of $40,000,000 or less), including any Equity Interest owned by it, nor will the Borrower permit any Restricted

Subsidiary to issue any additional Equity Interest in such Restricted Subsidiary (other than issuing directors’ qualifying shares

and other than issuing Equity Interests to the Borrower or another Restricted Subsidiary), except:

(a) sales,

transfers, leases and other dispositions of (i) inventory, (ii) used, obsolete, damaged, worn out or surplus equipment, (iii) property

no longer used or, in the reasonable business judgment of the Borrower or a Restricted Subsidiary, no longer useful in the conduct of

the business of the Borrower or the Restricted Subsidiary (including Intellectual Property), (iv) immaterial assets and (v) cash

and Permitted Investments, in each case in the ordinary course of business;

(b) sales,

transfers, leases and other dispositions to the Borrower or a Restricted Subsidiary; provided that any such sales, transfers,

leases or other dispositions involving a Restricted Subsidiary that is not a Loan Party shall, to the extent applicable, be made in compliance

with Sections 6.04 and 6.09;

transfers and other dispositions or forgiveness of accounts receivable in connection with the compromise, settlement or collection thereof

not as part of any accounts receivables financing transaction (including sales to factors and other third parties);

(d) (i) sales,

transfers, leases and other dispositions of assets to the extent that such assets constitute an investment permitted by clause (j), (l) or

(n) of Section 6.04 or another asset received as consideration for the disposition of any asset permitted by this Section (in

each case, other than Equity Interests in a Restricted Subsidiary, unless all Equity Interests in such Restricted Subsidiary (other than

directors’ qualifying shares) are sold) and (ii) sales, transfers, and other dispositions of the Equity Interests of a Restricted

Subsidiary by the Borrower or a Restricted Subsidiary to the extent such sale, transfer or other disposition would be permissible as

an Investment in a Restricted Subsidiary permitted by Section 6.04(e) or (u);

(e) leases

or subleases entered into in the ordinary course of business, to the extent that they do not materially interfere with the business of

the Borrower or any Restricted Subsidiary;

(f) non-exclusive

licenses or sublicenses of IP Rights granted in the ordinary course of business or other licenses or sublicenses of IP Rights

granted in the ordinary course of business that do not materially interfere with the business of the Borrower

or any Restricted Subsidiary;

(g) dispositions

resulting from any casualty or other insured damage to, or any taking under power of eminent domain or by condemnation or similar proceeding

of, and transfers of property arising from foreclosure or similar action with regard to, any asset

of the Borrower or any Restricted Subsidiary;

(h) dispositions

of assets to the extent that (i) such assets are exchanged for credit against the purchase price of similar replacement assets or

(ii) the proceeds of such disposition are promptly applied to the purchase price of such replacement assets;

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(i)

dispositions permitted by Section 6.08;

(j)

dispositions set forth on Schedule 6.05;

(k)

sales, transfers, leases and other dispositions of assets that are not permitted by any other clause

of this Section; provided that no Event of Default has occurred and is continuing or would result therefrom;

(l) sales,

transfers or other dispositions of accounts receivable in connection with Permitted Receivables Facilities;

(m) sales,

transfers or other dispositions of any assets (including Equity Interests) (A) acquired in connection with any acquisition or other

investment permitted under Section 6.04, which assets are not used or useful to the core or principal business of the Borrower and

the Restricted Subsidiaries and/or (B) made to obtain the approval of any applicable antitrust authority in connection with an acquisition

permitted under Section 6.04;

(n) sales,

transfers or other dispositions of Investments in joint ventures to the extent required by, or made pursuant to customary buy/sell arrangements

between, the joint venture parties set forth in joint venture arrangements and similar binding arrangements; and

(o) sales,

transfers or other dispositions pursuant to any sale and leaseback transactions permitted under Section 6.06(b);

provided that

all sales, transfers, leases and other dispositions permitted hereby (other than those permitted by clauses (a)(iii), (a)(iv) and

(b)) for a purchase price in excess of $40,000,000 shall be made for fair value (as determined in good faith by the Borrower), and at

least 75% of the consideration from each such sale, transfer, lease and other disposition permitted hereby (other than those permitted

by clause (b), (d), (g) or (h)) is in the form of cash or Permitted Investments; provided further that (i) any consideration

in the form of Permitted Investments that are disposed of for cash consideration within 30 Business Days after such sale, transfer or

other disposition shall be deemed to be cash consideration in an amount equal to the amount of such cash consideration for purposes of

this proviso, (ii) any liabilities (as shown on the Borrower’s or such Restricted Subsidiary’s most recent balance sheet

provided hereunder or in the footnotes thereto) of the Borrower or such Restricted Subsidiary, other than liabilities that are by their

terms subordinated to the payment in cash of the Obligations, that are assumed by the transferee with respect to the applicable sale,

transfer, lease or other disposition and for which the Borrower and all the Restricted Subsidiaries shall have been validly released

by all applicable creditors in writing shall be deemed to be cash consideration in an amount equal to the liabilities so assumed and

(iii) any Designated Non-Cash Consideration received by the Borrower or such Subsidiary in respect of such sale, transfer, lease

or other disposition having an aggregate fair market value, taken together with all other Designated Non-Cash Consideration received

pursuant to this clause (iii) that is at that time outstanding, not in excess of $250,000,000 at the time of the receipt of such

Designated Non-Cash Consideration, with the fair market value of each item of Designated Non-Cash Consideration being measured at the

time received and without giving effect to subsequent changes in value, shall be deemed to be cash consideration.

SECTION 6.06.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any Restricted Subsidiary to, enter into any arrangement,

directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now

owned or hereafter acquired, and thereafter rent or lease such property or other

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property that it intends to use for substantially the

same purpose or purposes as the property sold or transferred, except for:

(a) any

such sale of any fixed or capital assets by the Borrower or any Restricted Subsidiary that is made for cash consideration in an amount

not less than the fair value of such fixed or capital asset and is consummated within 270 days after the Borrower or such Restricted

Subsidiary acquires or completes the construction of such fixed or capital asset; and

(b) sale

and leaseback transactions consummated by the Borrower or any Restricted Subsidiary in an aggregate amount not to exceed the greater

of (x) $300,000,000 and (y) 30% of LTM Consolidated EBITDA for all such sale and leaseback transactions, provided that,

each sale and leaseback transaction is (x) undertaken on arm’s length commercial terms and (y) no Event of Default has

occurred and is continuing or would result therefrom;

provided that,

in each case of clauses (a) and (b) above, if such sale and leaseback results in a Capital Lease Obligation, such Capital Lease

Obligation is permitted by Section 6.01 and any Lien made the subject of such Capital Lease Obligation is permitted by Section 6.02(a)(v).

SECTION 6.07.

Hedging Agreements. The Borrower shall not, and shall not permit any Restricted Subsidiary to, enter into any Hedging Agreement

other than Hedging Agreements (including any Back to Back Arrangements) entered into in the ordinary course of business and not for speculative

purposes.

SECTION 6.08.

Restricted Payments; Certain Payments of Junior Indebtedness. (a) The Borrower will not, and will not permit any Restricted

Subsidiary to, declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent

or otherwise) to do so, except that:

(i)

the Borrower and/or any Restricted Subsidiary may make the Effective Date Repayment;

(ii)

any Restricted Subsidiary may declare and pay dividends or make other distributions with respect to its Equity Interests, or make other

Restricted Payments in respect of its Equity Interests, in each case ratably to the holders of such Equity Interests;

(iii) [reserved];

(iv)

the Borrower may declare and pay dividends with respect to its Equity Interests payable solely in shares of Qualified Equity Interests

or Disqualified Equity Interests permitted hereunder;

(v)

the Borrower may make Restricted Payments, not exceeding the greater of (x) $100,000,000 and (y) 10% of LTM Consolidated EBITDA

(with unused amounts being carried over to the succeeding fiscal years, subject to an aggregate cap of up to $125,000,000 in any fiscal

year under this clause (v)) during any fiscal year, pursuant to and in accordance with stock option plans or other benefit plans approved

by the Borrower’s board of directors for directors, officers, consultants or employees of the Borrower and the Restricted Subsidiaries;

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(vi)

the Borrower may declare and pay dividends with respect to its Equity Interests in an aggregate amount per fiscal year of the Borrower

not to exceed 6% of the Market Capitalization as of the close of business on the trading day immediately prior to the date such Restricted

Payment is declared;

(vii)

the Borrower may make additional Restricted Payments; provided that the Consolidated Total Leverage Ratio (after giving effect

on a Pro Forma Basis to such Restricted Payment) as of the end of the fiscal quarter of the Borrower for which consolidated financial

statements have most recently been delivered immediately preceding the making of such Restricted Payment shall be less than or equal

to the 3.25 to 1.00; provided that no Event of Default has occurred or is continuing or would result therefrom;

(viii)

the Borrower may make cash payments in lieu of the issuance of fractional shares representing insignificant interests in the Borrower

in connection with the exercise of warrants, options or other securities convertible into or exchangeable for Equity Interests in the

Borrower;

(ix)

the Borrower may repurchase Equity Interests upon the exercise of stock options if such Equity Interests represent a portion of the exercise

price of such stock options (and related redemption or cancellation of shares for payment of taxes or other amounts relating to the exercise

under such stock option or other benefit plans);

(x)

within one year of any issuance of Qualified Equity Interests, the Borrower may redeem, purchase or retire any Equity Interests of the

Borrower using the proceeds of, or convert or exchange any Equity Interests of the Borrower for, such Qualified Equity Interests;

(xi)

the Borrower’s Subsidiaries may pay dividends to the Borrower concurrently with the Borrower’s payment of dividends pursuant

to Section 6.08(a)(xii);

(xii)

the Borrower may declare and make Restricted Payments in an aggregate

amount not to exceed, at the time such Restricted Payments are made and after giving effect thereto, the sum of (A) the greater

of (x) $350,000,000 and (y) 35% LTM Consolidated EBITDA plus (B) the Available Amount at such time; provided

that the Borrower may only make Restricted Payments under this clause (xii) if (x) no Default or Event of Default has occurred

and is continuing (or would result therefrom) and (y) after giving effect thereto on a Pro Forma Basis, the Borrower would be in

compliance with Sections 6.12 and 6.13;

(xiii) for

any taxable period for which the Borrower and/or any Subsidiaries of the Borrower are members of a consolidated, combined or similar

income tax group for U.S. federal and/or applicable state, local or non-U.S. income or corporation Tax purposes of which a direct or

indirect parent of the Borrower is the common parent, Restricted Payments may be made in an amount not in excess of the U.S. federal,

state, local or non-U.S.

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income Taxes that the Borrower and/or applicable Subsidiaries of the Borrower would have paid had the Borrower

and/or such Subsidiaries of the Borrower been a stand-alone taxpayer (or a stand-alone group); provided that Restricted Payments in respect

of an Unrestricted Subsidiary shall be permitted only to the extent that cash distributions were made by such Unrestricted Subsidiary

to the Borrower or any of its Subsidiaries for such purpose;

(xiv)

(i) any non-cash repurchases or withholdings of Equity Interests in connection with the exercise, vesting and/or settlement of stock

options, warrants, restricted shares, restricted stock units, performance stock units or similar rights if such Equity Interests represent

a portion of the exercise of, or withholding obligations with respect to, such stock options, warrants, restricted shares, restricted

stock units, performance stock units or similar rights (for the avoidance of doubt, it being understood that any required withholding

or similar tax related thereto may be paid by the Borrower or any Restricted Subsidiary in cash), and (ii) loans or advances to

officers, directors and employees of the Borrower or any Restricted Subsidiary in connection with such Person’s purchase of Equity

Interests of the Borrower, provided that no cash is actually advanced pursuant to this clause (ii) other than to pay taxes due in

connection with such purchase, unless immediately repaid; and

(xv)

the Borrower may make payments pursuant to and required under the Tax Matters Agreement.

(b) The

Borrower will not, and will not permit any Restricted Subsidiary to, prepay, redeem, purchase or otherwise satisfy any Indebtedness that

is subordinated in right of payment to the Obligations (excluding, for the avoidance of doubt, any subordinated obligations owing to

the Borrower or any Restricted Subsidiary) (collectively, “Restricted Debt Payments”), except for:

(i)

regularly scheduled interest and principal payments as and when due in respect of any such Indebtedness, other than payments in respect

of such Indebtedness prohibited by the subordination provisions thereof;

(ii)

refinancings of Indebtedness with the proceeds of other Indebtedness permitted under Section 6.01; and

(iii)

payments of or in respect of Indebtedness in an amount equal to, at the time such payments are made and after giving effect thereto,

(A) the greater of (x) $350,000,000 and (y) 35% of LTM Consolidated EBITDA plus (B) the Available Amount at such

time; provided that the Borrower may only make Restricted Debt Payments (x) under this clause (iii) if no Default or

Event of Default shall have occurred and be continuing (or would result therefrom) and (y) using the Available Amount if after giving

effect thereto on a Pro Forma Basis, the Borrower would be in compliance with Sections 6.12

and 6.13.

For purposes of

this Section 6.08, if any Restricted Payment (or a portion thereof) would be permitted pursuant to one or more provisions described

above and/or one or more of the

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exceptions contained in this Section 6.08,

the Borrower and the Restricted Subsidiaries may divide and classify such Restricted Payment (or a portion thereof) in any manner that

complies with this covenant and may later divide and reclassify (other than with respect to ratio-based

baskets, if any) any such Restricted Payment so long as the Restricted Payment (as so divided and/or reclassified) would be permitted

to be made in reliance on the applicable exception as of the date of such reclassification.

SECTION 6.09.

Transactions with Affiliates. The Borrower will not, and will not permit any Restricted Subsidiary to, sell, lease or otherwise

transfer any assets to, or purchase, lease or otherwise acquire any assets from, or otherwise engage in a single transaction or a series

of related transactions involving aggregate consideration in excess of $50,000,000 with, any of its Affiliates, except (i) transactions

that are at prices and on terms and conditions not less favorable to the Borrower or such Restricted Subsidiary than could be obtained

on an arm’s-length basis from unrelated third parties, (ii) transactions between or among the Restricted Subsidiaries not

involving any other Affiliate, (iii) advances, equity issuances, repurchases, retirements or other acquisitions or retirements of

Equity Interests and other Restricted Payments permitted under Section 6.08 and investments, loans and advances to Restricted Subsidiaries

permitted under Section 6.04 and any other transaction involving the Borrower and the Restricted Subsidiaries permitted under Section 6.03

to the extent such transaction is between the Borrower and one or more Restricted Subsidiaries or between two or more Restricted Subsidiaries

and Section 6.05 (to the extent such transaction is not required to be for fair value thereunder), (iv) the payment of reasonable

fees to directors of the Borrower or any Restricted Subsidiary who are not employees of the Borrower or any Restricted Subsidiary, and

compensation and employee benefit arrangements paid to, and indemnities provided for the benefit of, directors, officers, consultants

or employees of the Borrower or the Restricted Subsidiaries in the ordinary course of business, (v) any issuances of securities

or other payments, awards or grants in cash, securities or otherwise pursuant to, or the funding of, employment agreements, stock options

and stock ownership plans approved by the Borrower’s board of directors, (vi) employment and severance arrangements entered

into in the ordinary course of business between the Borrower or any Restricted Subsidiary and any employee thereof and approved by the

Borrower’s or the Borrower’s board of directors, and (vii) payments made to other Restricted Subsidiaries arising from

or in connection with any customary tax consolidation and grouping arrangements.

SECTION 6.10.

Restrictive Agreements. The Borrower will not, and will not permit any Restricted Subsidiary to, directly or indirectly, enter

into, incur or permit to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon (a) the

ability of the Borrower or any Restricted Subsidiary to create, incur or permit to exist any Lien upon any of its assets that are Collateral

or required to be Collateral to secure the Obligations or (b) the ability of any Restricted Subsidiary to pay dividends or other

distributions with respect to any of its Equity Interests, to make or repay loans or advances to the Borrower or any Restricted Subsidiary,

to Guarantee Indebtedness of the Borrower or any Restricted Subsidiary, to transfer any of its properties or assets to the Borrower or

any Restricted Subsidiary or to grant Liens on its assets (including Equity Interests) to the Administrative Agent; provided that

(i) the foregoing shall not apply to (A) restrictions and conditions imposed by law or by this Agreement, any Spin-Off Document,

any other Loan Document, any Incremental Facility Amendment, any Refinancing Facility Agreement, any document governing any Refinancing

Term Loan Indebtedness or Refinancing Indebtedness or any document governing Alternative Incremental Facility Debt, (B) restrictions

and conditions imposed by the Senior Unsecured Indebtedness Documents as in effect on the Effective Date or any agreement or document

evidencing Refinancing Term Loan Indebtedness in respect of the Senior Unsecured Indebtedness Documents permitted under clause (ii) of

Section 6.01(a); provided that the restrictions and

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conditions contained in any

such agreement or document taken as a whole are not materially less favorable to the Lenders than the restrictions and conditions imposed

by the Senior Unsecured Indebtedness Documents, (C) in the case of any Restricted Subsidiary that is not a wholly owned Restricted

Subsidiary, restrictions and conditions imposed by its organizational documents or any related joint venture or similar agreements; provided

that such restrictions and conditions apply only to such Restricted Subsidiary and to the Equity Interests of such Restricted Subsidiary,

(D) customary restrictions and conditions contained in agreements relating to the sale of a Restricted Subsidiary or any assets

of the Borrower or any Restricted Subsidiary, in each case pending such sale; provided that such restrictions and conditions apply

only to such Restricted Subsidiary or the assets that are to be sold and, in each case, such sale is permitted hereunder, (E) restrictions

and conditions existing on the Effective Date and identified on Schedule 6.10 (and any extension or renewal of, or any amendment, modification

or replacement of the documents set forth on such schedule that do not expand the scope of, any such restriction or condition in any

material respect), (F) restrictions and conditions imposed by any agreement relating to Indebtedness of any Restricted Subsidiary

in existence at the time such Restricted Subsidiary became a Restricted Subsidiary and otherwise permitted by clause (vii) of Section 6.01(a) or

to any restrictions in any Indebtedness of a non-Loan Party Restricted Subsidiary permitted by clause (viii) or clause (xix) of

Section 6.01(a), in each case if such restrictions and conditions apply only to such Restricted Subsidiary and its subsidiaries,

(G)[reserved], (H) customary prohibitions, restrictions and conditions contained in agreements relating to a Permitted Receivables

Facility, (I) any encumbrance or restriction under documentation governing other Indebtedness of the

Borrower and any Restricted Subsidiaries permitted to be incurred pursuant to Section 6.01, provided that such encumbrances or restrictions

will not materially impair (1) the Borrower’s ability to make principal and interest payments hereunder or (2) the ability

of the Loan Party to provide any Lien upon any of its assets that are Collateral or required to be Collateral, (J) customary

provisions in leases, licenses, sublicenses and other contracts (including licenses and sublicenses of Intellectual Property) restricting

the assignment thereof, (K) restrictions imposed by any agreement relating to secured Indebtedness permitted by this Agreement to

the extent such restriction applies only to the property securing such Indebtedness, (L) restrictions on cash (or Permitted Investments)

or other deposits imposed by agreements entered into in the ordinary course of business (or other restrictions on cash or deposits constituting

Permitted Encumbrances), (M) customary restrictions contained in leases, subleases, licenses, sublicenses or asset sale agreements

otherwise permitted hereby so long as such restrictions relate only to the assets subject thereto, (N) customary provisions restricting

subletting or assignment of any lease governing a leasehold interest of the Borrower or any Restricted Subsidiary and (O) customary

net worth provisions contained in real property leases entered into by Subsidiaries, so long as the Borrower has determined in good faith

that such net worth provisions would not reasonably be expected to impair the ability of the Borrower and its Subsidiaries to meet their

ongoing obligations; and (ii) clause (a) of the foregoing shall not apply to (A) restrictions and conditions imposed by

any agreement relating to secured Indebtedness permitted by clause (vi) of Section 6.01(a) if such restrictions and conditions

apply only to the assets securing such Indebtedness and (B) customary provisions in leases and other agreements restricting the

assignment thereof.

SECTION 6.11.

Amendment of Material Documents, Etc. The Borrower will not, and will not permit any of its Restricted

Subsidiaries to, amend, modify or waive, (i) its certificate of incorporation, bylaws or other organizational documents, (ii) any

of the Senior Unsecured Indebtedness Documents or (iii) any of the Spin-Off Documents, in each

case if the effect of such amendment, modification or waiver would be materially adverse to the Lenders without the consent of the Required

Lenders.

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SECTION 6.12. Consolidated

Interest Coverage Ratio. The Borrower will not permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter

of the Borrower ending on or after the Effective Date, to be less than 2.75 to 1.00.

SECTION 6.13. Consolidated

First Lien Leverage Ratio. The Borrower will not permit the Consolidated First Lien Leverage Ratio as of the end of any fiscal quarter

of the Borrower ending after the Effective Date to exceed 3.50 to 1.00; provided that, for the four fiscal quarter period following

a Material Acquisition, the maximum Consolidated First Lien Leverage Ratio pursuant to this Section 6.13 shall increase to 4.00 to

1.00 with respect to the last day of the fiscal quarter during which such Material Acquisition shall have been consummated and the last

day of each of the immediately following three consecutive fiscal quarters (such period, an “Material Acquisition Step-Up Period”);

provided further that, following the end of any Acquisition Step-Up Period, the Borrower will not permit the Consolidated First

Lien Leverage Ratio to exceed 3.50 to 1.00 for at least two full fiscal quarters before commencing any subsequent Acquisition Step-Up

Period.

SECTION 6.14. Changes

in Fiscal Periods. The Borrower will not make any change in fiscal year; provided, however, that the Borrower may, upon written

notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent,

in which case the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders, to make any adjustments to this

Agreement that are necessary to reflect such change in fiscal year.

Notwithstanding anything to the contrary set forth

in this Agreement or any other Loan Document but without limitation of the condition in Section 4.01(d), no provision of this Agreement

or any other Loan Document shall prevent or restrict the consummation of the Transactions, nor shall the Transactions give rise to any

Default, or constitute the utilization of any basket, under this Agreement (including this Article VI) or any other Loan Document.

ARTICLE VII

Events of Default

SECTION 7.01. Events

of Default. If any of the following events (each such event, an “Event of Default”) shall occur:

(a) the Borrower shall

fail to pay any principal of any Loan or any reimbursement obligation in respect of any LC Disbursement when and as the same shall become

due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;

(b) the Borrower shall

fail to pay any interest on any Loan or any fee or any other amount (other than an amount referred to in clause (a) of this Section 7.01)

payable under this Agreement or any other Loan Document, when and as the same shall become due and payable, and such failure shall continue

unremedied for a period of five Business Days;

representation or warranty made or deemed made by or on behalf of the Borrower or any Restricted Subsidiary in this Agreement or any

other Loan Document, or in any report, certificate or financial statement furnished pursuant to or in connection with this Agreement

or any other Loan Document, shall prove to have been incorrect in any material respect when made or deemed made and, to the extent

capable of being cured, such incorrect

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representation or warranty shall remain incorrect

for a period of 30 days following written notice thereof from the Administrative Agent to the Borrower;

(d) the Borrower shall

fail to observe or perform any covenant, condition or agreement contained in Section 5.02(a), 5.04 (with respect to the existence

of the Borrower), 5.11(a), the final paragraph of Section 5.17 or Article VI; provided, that a Default by the Borrower

under Section 6.12 or Section 6.13 (each, a “Financial Covenant Event of Default”) shall not constitute an

Event of Default with respect to the Term Commitments or any Term Loans unless and until the Required Revolving Lenders shall have terminated

their Revolving Commitments and declared all amounts outstanding under the Revolving Loans to be due and payable;

(e) any Loan Party shall

fail to observe or perform any covenant, condition or agreement contained in this Agreement or any other Loan Document (other than those

specified in clause (a), (b) or (d) of this Section), and such failure shall continue unremedied for a period of 30 days after

written notice thereof from the Administrative Agent or any Lender to the Borrower;

(f) the Borrower or any

Restricted Subsidiary shall fail to make any payment (whether of principal, interest, premium or otherwise and regardless of amount) in

respect of any Material Indebtedness when and as the same shall become due and payable (after giving effect to any applicable grace period

under the documentation representing such Material Indebtedness);

(g) (i) any event

or condition occurs that results in any Material Indebtedness becoming due or being terminated or required to be prepaid, repurchased,

redeemed or defeased prior to its scheduled maturity or that enables or permits (with all applicable grace periods in respect of such

event or condition under the documentation representing such Material Indebtedness having expired); the holder or holders of any Material

Indebtedness or any trustee or agent on its or their behalf, or, in the case of any Hedging Agreement, the applicable counterparty, to

cause any Material Indebtedness to become due, or to terminate or require the prepayment, repurchase, redemption or defeasance thereof,

prior to its scheduled maturity; provided that this clause (g) shall not apply to (x) any secured Indebtedness that becomes

due as a result of the voluntary sale, transfer or other disposition (including as a result of a casualty or condemnation event) of the

assets securing such Indebtedness (to the extent such sale, transfer or other disposition is not prohibited under this Agreement), or

(y) any Indebtedness that becomes due as a result of a voluntary refinancing thereof permitted under Section 6.01 or (z) termination

events or similar events occurring under any Hedging Agreement (other than a termination event or similar event as to which the Borrower

or any of its Restricted Subsidiaries is the defaulting party) that constitutes Material Indebtedness (it being understood that paragraph

(f) of this Section 7.01 will apply to any failure to make any payment required as a result of such termination or similar

event); provided, further,

that this clause (g) shall not apply to (x) any mandatory prepayment or commitment reduction (in each case, excluding for the

avoidance of doubt, any prepayment or commitment reduction following an event of default thereunder as a result of the exercise by the

agents or lenders thereunder of any remedies) of the Eclipse Bridge Facility to the extent required pursuant to the terms thereof and

(y) any repurchase, repayment, defeasance or redemption, or any offer therefor, of any Eclipse Acquisition Permanent Financing required

to be made pursuant to a “special mandatory redemption” provision (or other similar provision) as a result of such acquisition

not having been consummated (so long as any such Indebtedness is repurchased, prepaid or redeemed or terminated in accordance with and

as required by

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the

terms of such Indebtedness); or (ii) [reserved];

(h) except as otherwise

provided in Section 7.02, (i) an involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking

(A) liquidation, reorganization or other relief in respect of the Borrower or any Restricted Subsidiary or its debts, or of a substantial

part of its assets, under any Federal, State or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect

or (B) the appointment of a receiver, trustee, custodian, sequestrator, conservator, liquidator, administrative receiver, administrator,

receiver and manager or similar official for the Borrower or any Restricted Subsidiary or for a substantial part of its assets, and, in

any such case, such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the

foregoing shall be entered or (ii) the Borrower or any Loan Party that is a Material Subsidiary (A) admits

publicly its inability to pay its debts as they fall due or (B) has a moratorium declared in relation to any of its Indebtedness;

(i) except as otherwise

provided in Section 7.02, the Borrower or any Restricted Subsidiary shall (i) voluntarily commence any proceeding or file any

petition seeking liquidation (other than any liquidation permitted under Section 6.03(a)(iv)), reorganization or other relief under

any Federal, State or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect, (ii) consent to the

institution of, or fail to contest in a timely and appropriate manner, any proceeding or petition described in clause (h) of this

Section, (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official

for the Borrower or any Restricted Subsidiary or for a substantial part of its assets, (iv) file an answer admitting the material

allegations of a petition filed against it in any such proceeding or (v) make a general assignment for the benefit of creditors;

(j)

[reserved];

(k)

one or more judgments for the payment of money in an aggregate amount in excess of $75,000,000 (other than any such judgment covered

by insurance (other than under a self-insurance program) to the extent a claim therefor has been made in writing and liability therefor

has not been denied by the insurer) shall be rendered against the Borrower, any Restricted Subsidiary or any combination thereof and

the same shall remain undischarged for a period of 60 consecutive days during which execution shall not be effectively stayed, or any

action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Borrower or any Restricted Subsidiary that

are material to the business and operations of the Borrower or any Restricted Subsidiary, taken as a whole, to enforce any such judgment;

(l) an ERISA Event shall

have occurred that, when taken together with all other ERISA Events that have occurred and are continuing and remain uncured, would reasonably

be expected to result in a Material Adverse Effect;

(m) any Lien purported

to be created under any Security Document shall cease to be, or shall be asserted by any Loan Party not to be, a valid and perfected

Lien on any material portion of the Collateral, with the priority required by the applicable Security Document, except as a result of

(i) permission under any Loan Document (including the sale or other disposition of the applicable Collateral in a transaction permitted

under the Loan Documents), (ii) the release thereof as provided in Section 9.14, (iii) the Administrative Agent’s

failure to (A) maintain possession of any stock certificate, promissory note or other instrument delivered to it under any Security

Document or (B) file Uniform Commercial Code continuation statements (or equivalent statements in any other relevant jurisdiction)

or (iv) as to Collateral consisting of

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Mortgaged Property, to the extent that such losses are covered by a lender’s title

insurance policy and such insurer has not denied coverage;

(n) any material Security

Document shall cease to be, or shall be asserted by any Loan Party not to be a legal, valid and binding obligation of any Loan Party party

thereto, except as expressly permitted hereunder or thereunder or as a result of the release thereof as provided in the applicable Loan

Document or Section 9.14;

(o) any Guarantee purported

to be created under any Loan Document shall cease to be or shall be asserted by any Loan Party not to be, in full force and effect, except

as in accordance with the terms of the Loan Documents (including a result of the release thereof as provided in the applicable Loan Document

or Section 9.14); or

(p) a Change in Control shall occur;

then, and in every such event (other than an event

with respect to the Borrower described in clause (h) or (i) of this Article), and at any time thereafter during the continuance

of such event (including any Event of Default arising by virtue of the termination and declaration contemplated by the proviso to Section 7.01(d)),

the Administrative Agent may, and at the request of the Required Lenders shall (and, if a Financial Covenant Event of Default occurs and

is continuing, the Administrative Agent may, and at the request of the Required Revolving Lenders shall, and in such case, without limiting

the proviso to Section 7.01(d), only with respect to the Revolving Commitments, the Revolving Loans, and any Letters of Credit and

LC Exposure), by notice to the Borrower, take any or all of the following actions, at the same or different times: (i) terminate

the Commitments, and thereupon the Commitments shall terminate immediately, (ii) declare the Loans then outstanding to be due and

payable in whole (or in part (but ratably as among the Classes of Loans and the Loans of each Class at such time outstanding), in

which case any principal not so declared to be due and payable may thereafter be declared to be due and payable), and thereupon the principal

of the Loans so declared to be due and payable, together with accrued interest thereon and all fees and other obligations of the Borrower

hereunder, shall become due and payable immediately and (iii) require the deposit of cash collateral in respect of LC Exposure as

provided in Section 2.05(i), in each case, without presentment, demand, protest or other notice of any kind, all of which are hereby

waived by the Borrower; and in the case of any event with respect to the Borrower described in clause (h) or (i) of this Section,

the Commitments shall automatically terminate and the principal of the Loans then outstanding, together with accrued interest thereon

and all fees and other obligations of the Borrower hereunder, shall immediately and automatically become due and payable and the deposit

of such cash collateral in respect of LC Exposure shall immediately and automatically become due, in each case, without presentment, demand,

protest or other notice of any kind, all of which are hereby waived by The Borrower.

SECTION 7.02. Exclusion

of Certain Subsidiaries. Solely for the purposes of determining whether a Default has occurred under clause (h) or (i) of

Section 7.01, any reference in any such paragraph to any Restricted Subsidiary shall be deemed not to include any Restricted Subsidiary

affected by any event or circumstance referred to in such paragraph that is not a Material Subsidiary; provided that (i) if

it is necessary to exclude more than one Restricted Subsidiary from clause (h) or (i) of Section 7.01 pursuant to this

paragraph in order to avoid a Default, the aggregate consolidated assets of all such excluded Restricted Subsidiaries as of such last

day may not exceed 7.5% of the Consolidated Total Assets of the Borrower and the Restricted Subsidiaries and the aggregate consolidated

revenues of all such excluded Restricted Subsidiaries for such four fiscal quarter period may not exceed 7.5% of the consolidated

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revenues

of the Borrower and the Restricted Subsidiaries and (ii) in no circumstance shall the Borrower be excluded from clause (h) of

(i) of Section 7.01.

ARTICLE VIII

The Administrative Agent

SECTION 8.01. Appointment and Other Matters.

(a) Each of the Lenders

and the Issuing Banks hereby irrevocably appoints the entity named as Administrative Agent in the heading of this Agreement and its successors

to serve as administrative agent and collateral agent under the Loan Documents and authorizes the Administrative Agent to take such actions

and to exercise such powers as are delegated to the Administrative Agent by the terms of the Loan Documents, together with such actions

and powers as are reasonably incidental thereto. In addition, to the extent required under the laws of any jurisdiction other than the

United States of America, each of the Lenders and the Issuing Banks hereby grants to the Administrative Agent any required powers of attorney

to execute any Security Document governed by the laws of such jurisdiction on such Lender’s or such Issuing Bank’s behalf.

Without limiting the foregoing, each Lender and each Issuing Bank hereby authorizes the Administrative Agent to execute and deliver, and

to perform its obligations under, each of the Loan Documents to which the Administrative Agent is a party, to exercise all rights, powers

and remedies that the Administrative Agent may have under such Loan Documents.

(b) In performing its functions

and duties hereunder and under the other Loan Documents, the Administrative Agent is acting solely on behalf of the Lenders and the Issuing

Banks (except in limited circumstances expressly provided for herein relating to the maintenance of the Register), and its duties are

entirely mechanical and administrative in nature. Without limiting the generality of the foregoing:

(i) the

Administrative Agent does not assume and shall not be deemed to have assumed any obligation or duty or any other relationship as the agent,

fiduciary or trustee of or for any Lender, Issuing Bank or holder of any other obligation other than as expressly set forth herein

and in the other Loan Documents, regardless of whether a Default or an Event of Default has occurred and is continuing (and it is understood

and agreed that the use of the term “agent” (or any similar term) herein or in any other Loan Document with reference to the

Administrative Agent is not intended to connote any fiduciary duty or other implied (or express) obligations arising under agency doctrine

of any applicable law, and that such term is used as a matter of market custom and is intended to create or reflect only an administrative

relationship between contracting parties); additionally, each Lender agrees that it will not assert any claim against the Administrative

Agent based on an alleged breach of fiduciary duty by the Administrative Agent in connection with this Agreement and the transactions

contemplated hereby;

(ii) where

the Administrative Agent is required or deemed to act as a trustee in respect of any Collateral over which a security interest has been

created pursuant to a Loan Document expressed to be governed by the laws of the United States of America, any State thereof or the District

of Columbia, the obligations and liabilities of the Administrative Agent to the Secured Parties in its capacity as trustee shall be excluded

to the fullest

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extent permitted by applicable law;

(iii) nothing

in this Agreement or any Loan Document shall require the Administrative Agent to account to any Lender for any sum or the profit element

of any sum received by the Administrative Agent for its own account.

as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender or an Issuing Bank as any other

Lender or Issuing Bank and may exercise the same as though it were not the Administrative Agent. The terms “Issuing Banks”,

“Lenders”, “Required Lenders” and any similar terms shall, unless the context clearly otherwise indicates, include

the Administrative Agent in its individual capacity as a Lender, Issuing Bank or as one of the Required Lenders, as applicable. The

Person serving as Administrative Agent and its Affiliates may accept deposits from, lend money to, own securities of, act as the financial

advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other

Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders

or the Issuing Banks.

(d) The Administrative

Agent shall not have any duties or obligations except those expressly set forth in the Loan Documents, and its duties hereunder shall

be administrative in nature. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject

to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Administrative

shall not have any duty to take any discretionary action or to exercise any discretionary power, except discretionary rights and powers

expressly contemplated by the Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required

Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good

faith to be necessary, under the circumstances as provided in the Loan Documents); provided that the Administrative Agent shall

not be required to take any action that (i) the Administrative Agent in good faith believes exposes it to liability unless the Administrative

Agent receives an indemnification satisfactory to it from the Lenders and the Issuing Banks with respect to such action or (ii) is

contrary to this Agreement or any other Loan Document or applicable law, including any action that may be in violation of the automatic

stay under any requirement of law relating to bankruptcy, insolvency or reorganization or relief of debtors or that may effect a forfeiture,

modification or termination of property of a Defaulting Lender in violation of any requirement of law relating to bankruptcy, insolvency

or reorganization or relief of debtors; provided, further, that the Administrative Agent may seek clarification or direction

from the Required Lenders prior to the exercise of any such instructed action and may refrain from acting until such clarification or

direction has been provided, and (c) except as expressly set forth in the Loan Documents, the Administrative Agent shall not have

any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower, any Subsidiary or

any other Affiliate of any of the foregoing that is communicated to or obtained by the Person serving as Administrative Agent or any of

its Affiliates in any capacity.

(e) The Administrative

Agent may perform any of and all its duties and exercise its rights and powers hereunder or under any other Loan Document by or through

any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any of

and all their respective duties and exercise their respective rights and powers by or through their respective Related Parties. The exculpatory

provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative Agent

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and any such

sub-agent and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein

as well as activities as Administrative Agent. The Administrative Agent shall not be responsible for the negligence or misconduct of

any sub-agents except to the extent that a court of competent jurisdiction determines in a final and nonappealable judgment that the

Administrative Agent acted with gross negligence or willful misconduct in the selection of such sub-agents.

(f) In case of the pendency

of any proceeding with respect to any Loan Party under any Federal, State or foreign bankruptcy, insolvency, receivership or similar law

now or hereafter in effect, the Administrative Agent (irrespective of whether the principal of any Loan or any LC Disbursement shall then

be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have

made any demand on the Borrower) shall be entitled and empowered (but not obligated) by intervention in such proceeding or otherwise:

(i) to

file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans, LC Exposure and all

other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims

of the Lenders, the Issuing Banks and the Administrative Agent (including any claim under Sections 2.12, 2.13, 2.15, 2.16, 2.17 and 9.03)

allowed in such judicial proceeding; and

(ii) to

collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same;

and any custodian, receiver, assignee, trustee,

liquidator, sequestrator or other similar official in any such proceeding is hereby authorized by each Lender, each Issuing Bank and each

other Secured Party to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to

the making of such payments directly to the Lenders, the Issuing Banks or the other Secured Parties, to pay to the Administrative Agent

any amount due to it, in its capacity as the Administrative Agent, under the Loan Documents (including under Section 9.03). Nothing

contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any

Lender or Issuing Bank any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any

Lender or Issuing Bank or to authorize the Administrative Agent to vote in respect of the claim of any Lender or Issuing Bank in any such

proceeding.

(g) Notwithstanding anything

herein to the contrary, neither the Arrangers nor any Person named on the cover page of this Agreement as a Syndication Agent or

a Documentation Agent shall have any duties or obligations under this Agreement or any other Loan Document (except in its capacity, as

applicable, as a Lender or an Issuing Bank), but all such Persons shall have the benefit of the indemnities provided for hereunder.

(h) The provisions of

this Article are solely for the benefit of the Administrative Agent, the Lenders and the Issuing Banks, and, except solely to the

extent of the Borrower’s rights to consent pursuant to and subject to the conditions set forth in this Article, none of the Borrower

or any Subsidiary shall have any rights as a third party beneficiary of any such provisions. Each Secured Party, whether or not a party

hereto, will be deemed, by its acceptance of the benefits of the Collateral and the Guarantees of the Obligations provided under the

Loan

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Documents, to have agreed to the provisions of this Article.

SECTION 8.02. Administrative Agent’s Reliance, Indemnification,

Etc.

(a) Neither the Administrative

Agent nor any of its Related Parties shall be (i) liable for any action taken or omitted to be taken by it under or in connection

with this Agreement or the other Loan Documents (x) with the consent of or at the request of the Required Lenders (or such other

number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith to be necessary,

under the circumstances as provided in the Loan Documents) or (y) in the absence of its own gross negligence or willful misconduct

(such absence to be presumed unless otherwise determined by a court of competent jurisdiction by a final and nonappealable judgment) or

(ii) responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by any Loan

Party or any officer thereof contained in this Agreement or any other Loan Document or in any certificate, report, statement or other

document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other

Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan

Document (including, for the avoidance of doubt, in connection with the Administrative Agent’s reliance on any electronic signature

transmitted by telecopy, emailed pdf or any other electronic means that reproduces an image of an actual executed signature page) or for

any failure of any Loan Party to perform its obligations hereunder or thereunder.

(b) The Administrative

Agent shall be deemed not to have knowledge of any Default unless and until written notice thereof (stating that it is a “notice

of default”) is given to the Administrative Agent by the Borrower, a Lender or an Issuing Bank, and the Administrative Agent shall

not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in

connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered

hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements

or other terms or conditions set forth in this Agreement or any other Loan Document or the occurrence of any Default, (iv) the sufficiency,

validity, enforceability, effectiveness or genuineness of this Agreement or any other Loan Document or any other agreement, instrument

or document, (v) the satisfaction of any condition set forth in Article IV or elsewhere in this Agreement or any other Loan

Document, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent or satisfaction of any

condition that expressly refers to the matters described therein being acceptable or satisfactory to the Administrative Agent or (vi) the

creation, perfection or priority of Liens on the Collateral. Notwithstanding anything herein to the contrary, the Administrative Agent

shall not be liable for, or be responsible for any loss, cost or expense suffered by the Borrower, any Subsidiary, any Lender or any

Issuing Bank as a result of, any determination of the Revolving Exposure or the component amounts thereof or any portion thereof attributable

to each Lender or Issuing Bank, or of the Weighted Average Yield.

foregoing, the Administrative Agent (i) may treat the payee of any promissory note as its holder until such promissory note has

been assigned in accordance with Section 9.04, (ii) may rely on the Register to the extent set forth in Section 9.04(b),

(iii) may consult with legal counsel (including counsel to the Borrower), independent public accountants and other experts selected

by it, and shall not be liable for any action taken or omitted to be taken in good faith by it in accordance with the advice of such

counsel, accountants or experts, (iv) makes no warranty or representation to any Lender or Issuing Bank and shall not

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be responsible

to any Lender or Issuing Bank for any statements, warranties or representations made by or on behalf of any Loan Party in connection

with this Agreement or any other Loan Document, (v) in determining compliance with any condition hereunder to the making of a Loan,

or the issuance of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or an Issuing Bank, may presume

that such condition is satisfactory to such Lender or Issuing Bank unless the Administrative Agent shall have received notice to the

contrary from such Lender or Issuing Bank sufficiently in advance of the making of such Loan or the issuance of such Letter of Credit

and (vi) shall be entitled to rely on, and shall incur no liability under or in respect of this Agreement or any other Loan Document

by acting upon, any notice, consent, certificate or other instrument or writing (which writing may be a fax, any electronic message, Internet

or intranet website posting or other distribution) or any statement made to it orally or by telephone and believed by it to be genuine

and signed or sent or otherwise authenticated by the proper party or parties (whether or not such Person in fact meets the requirements

set forth in the Loan Documents for being the maker thereof).

SECTION 8.03. Successor Administrative Agent.

(a) Subject

to the terms of this paragraph, the Administrative Agent may resign from its capacity as such upon 30 days’ notice of its intent

to resign to the Lenders, the Issuing Banks and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders

shall have the right, with the consent of the Borrower (which shall not be unreasonably withheld or delayed), to appoint a successor.

If no successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the

retiring Administrative Agent gives notice of its intent to resign, then the retiring Administrative Agent may, on behalf of the Lenders

and the Issuing Banks, appoint a successor Administrative Agent, which shall be a bank with an office in New York, New York, or an Affiliate

of any such bank. Upon the acceptance of its appointment as Administrative Agent hereunder by a successor, such successor shall succeed

to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring Administrative

Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents. The fees payable by the Borrower

and/or the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed

by the Borrower and such successor.

(b) Notwithstanding paragraph

(a) of this Section, in the event no successor Administrative Agent shall have been so appointed and shall have accepted such appointment

within 30 days after the retiring Administrative Agent gives notice of its intent to resign, the retiring Administrative Agent may give

notice of the effectiveness of its resignation to the Lenders, the Issuing Banks and the Borrower, whereupon, on the date of effectiveness

of such resignation stated in such notice, (i) the retiring Administrative Agent shall be discharged from its duties and obligations

hereunder and under the other Loan Documents; provided that, solely for purposes of maintaining any security interest granted

to the Administrative Agent under any Security Document for the benefit of the Secured Parties, the retiring Administrative Agent shall

continue to be vested with such security interest as collateral agent for the benefit of the Secured Parties and, in the case of any

Collateral in the possession of the Administrative Agent, shall continue to hold such Collateral, in each case until such time as a successor

Administrative Agent is appointed and accepts such appointment in accordance with this paragraph (it being understood and agreed that

the retiring Administrative Agent shall have no duty or obligation to take any further action under any Security Document, including

any action required to maintain the perfection of any such security interest), and (ii) the Required Lenders shall succeed to and

become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent; provided that (A) all

payments required to be made hereunder or under any other Loan

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Document to the Administrative Agent for the account of any Person other

than the Administrative Agent shall be made directly to such Person and (B) all notices and other communications required or contemplated

to be given or made to the Administrative Agent shall also directly be given or made to each Lender and each Issuing Bank. Following

the effectiveness of the Administrative Agent’s resignation from its capacity as such, the provisions of this Article and

Section 9.03, as well as any exculpatory, reimbursement and indemnification provisions set forth in any other Loan Document, shall

continue in effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect

of any actions taken or omitted to be taken by any of them while it was acting as Administrative Agent and in respect of the matters

referred to in the proviso under clause (i) above.

SECTION 8.04. Acknowledgements of Lenders and Issuing

Banks.

(a) Each Lender and each

Issuing Bank represents and warrants that (i) the Loan Documents set forth the terms of a commercial lending facility, (ii) in

participating as a Lender, it is engaged in making, acquiring or holding commercial loans and in providing other facilities set forth

herein as may be applicable to such Lender or Issuing Bank, in each case in the ordinary course of business, and not for the purpose of

investing in the general performance or operations of the Borrower, or for the purpose of purchasing, acquiring or holding any other type

of financial instrument such as a security (and each Lender and each Issuing Bank agrees not to assert a claim in contravention of the

foregoing, such as a claim under the federal or state securities laws), (iii) it has, independently and without reliance upon the

Administrative Agent, any Arranger, any Syndication Agent, any Documentation Agent or any other Lender or Issuing Bank, or any of the

Related Parties of any of the foregoing, and based on such documents and information as it has deemed appropriate, made its own credit

analysis and decision to enter into this Agreement as a Lender, and to make, acquire or hold Loans hereunder and (iv) it is sophisticated

with respect to decisions to make, acquire and/or hold commercial loans and to provide other facilities set forth herein, as may be applicable

to such Lender or such Issuing Bank, and either it, or the Person exercising discretion in making its decision to make, acquire and/or

hold such commercial loans or to provide such other facilities, is experienced in making, acquiring or holding such commercial loans or

providing such other facilities. Each Lender and each Issuing Bank also acknowledges that it will, independently and without reliance

upon the Administrative Agent, any Arranger, any Syndication Agent, any Documentation Agent or any other Lender or Issuing Bank, or any

of the Related Parties of any of the foregoing, and based on such documents and information (which may contain material, non-public information

within the meaning of the United States securities laws concerning the Borrower and its Affiliates) as it shall from time to time deem

appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document

or any related agreement or any document furnished hereunder or thereunder.

(b) Each Lender, by delivering

its signature page to this Agreement and funding its Loans on the Effective Date, or delivering its signature page to an Assignment

and Assumption or any other Loan Document pursuant to which it shall become a Lender hereunder, shall be deemed to have acknowledged receipt

of, and consented to and approved, this Agreement and each other Loan Document and each other document required to be delivered to, or

be approved by or satisfactory to, the Administrative Agent or the Lenders on the Effective Date.

(c)

Erroneous Payments.

(i)

Each Lender and each Issuing Bank hereby agrees that (x) if the

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Administrative Agent notifies such Lender or Issuing Bank that

the Administrative Agent has determined in its sole discretion that any funds received by such Lender or Issuing Bank from the Administrative

Agent or any of its Affiliates (whether as a payment, prepayment or repayment of principal, interest, fees or otherwise; individually

and collectively, a “Payment”) were erroneously transmitted to such Lender or Issuing Bank (whether or not known to

such Lender or Issuing Bank), and demands the return of such Payment (or a portion thereof), such Lender or Issuing Bank shall promptly,

but in no event later than one Business Day thereafter (or such later date as the Administrative Agent, may, in its sole discretion,

specify in writing), return to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand

was made in same day funds, together with interest thereon (except to the extent waived in writing by the Administrative Agent) in respect

of each day from and including the date such Payment (or portion thereof) was received by such Lender or Issuing Bank to the date such

amount is repaid to the Administrative Agent at the greater of the NYFRB Rate and a rate determined by the Administrative Agent in accordance

with banking industry rules on interbank compensation from time to time in effect, and (y) to the extent permitted by applicable

law, such Lender or Issuing Bank shall not assert, and hereby waives, as to the Administrative Agent, any claim, counterclaim, defense

or right of set-off or recoupment with respect to any demand, claim or counterclaim by the Administrative Agent for the return of any

Payments received, including without limitation any defense based on “discharge for value” or any similar doctrine. A notice

of the Administrative Agent to any Lender or any Issuing Bank under this Section 8.04(c) shall be conclusive, absent manifest

error.

(ii) Each Lender and

each Issuing Bank hereby further agrees that if it receives a Payment from the Administrative Agent or any of its Affiliates (x) that

is in a different amount than, or on a different date from, that specified in a notice of payment sent by the Administrative Agent (or

any of its Affiliates) with respect to such Payment (a “Payment Notice”) or (y) that was not preceded or accompanied

by a Payment Notice, it shall be on notice, in each such case, that an error has been made with respect to such Payment. Each Lender

and each Issuing Bank agrees that, in each such case, or if it otherwise becomes aware a Payment (or portion thereof) may have been sent

in error, such Lender or Issuing Bank shall promptly notify the Administrative Agent of such occurrence and, upon demand from the Administrative

Agent, it shall promptly, but in no event later than one Business Day thereafter (or such later date as the Administrative Agent, may,

in its sole discretion, specify in writing), return to the Administrative Agent the amount of any such Payment (or portion thereof) as

to which such a demand was made in same day funds, together with interest thereon (except to the extent waived in writing by the Administrative

Agent) in respect of each day from and including the date such Payment (or portion thereof) was received by such Lender or Issuing Bank

to the date such amount is repaid to the Administrative Agent at the greater of the NYFRB Rate and a rate determined by the Administrative

Agent in accordance with banking industry rules on interbank compensation from time to time in

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effect.

(iii) The

Borrower and each other Loan Party hereby agrees that (x) in the event an erroneous Payment (or portion thereof) are not recovered

from any Lender or Issuing Bank that has received such Payment (or portion thereof) for any reason, the Administrative Agent shall be

subrogated to all the rights of such Lender or Issuing Bank with respect to such amount and (y) an erroneous Payment shall not pay,

prepay, repay, discharge or otherwise satisfy any Obligations owed by the Borrower or any other Loan Party.

(iv) Each

party’s obligations under this Section 8.04(c) shall survive the resignation or replacement of the Administrative Agent

or any transfer of rights or obligations by, or the replacement of, a Lender, the termination of the Commitments or the repayment, satisfaction

or discharge of all Obligations under any Loan Document.

SECTION 8.05. Collateral Matters.

(a) Except (x) with

respect to the exercise of setoff rights of any Lender in accordance with Section 9.08 or (y) with respect to a Secured Party’s

right to file a proof of claim in an insolvency proceeding, no Secured Party shall have any right individually to realize upon any of

the Collateral or to enforce any Guarantee of the Obligations, it being understood and agreed that all powers, rights and remedies under

the Loan Documents may be exercised solely by the Administrative Agent on behalf of the Secured Parties in accordance with the terms thereof.

(b) In furtherance of the

foregoing and not in limitation thereof, no arrangements in respect of Cash Management Services the obligations under which constitute

Secured Cash Management Obligations, no Hedging Agreement the obligations under which constitute Secured Hedging Obligations, no Supply

Chain Financings the obligations under which constitute Secured Supply Chain Financing Obligations and no Additional Letter of Credit

Facility the obligations under which constitute Secured Additional Letter of Credit Facility Obligations will create (or be deemed to

create) in favor of any Secured Party that is a party thereto any rights in connection with the management or release of any Collateral

or of the obligations of any Loan Party under this Agreement or any other Loan Document. Any release of Collateral or guarantees effected

in the manner permitted by this Agreement and any other Loan Document shall not require the consent of the holders of Secured Cash Management

Obligations, Secured Hedging Obligations, Secured Supply Chain Financing Obligations or Secured Additional Letter of Credit Facility

Obligations. By accepting the benefits of the Collateral, each Secured Party that is a party to any such arrangement in respect of

Cash Management Services, Hedging Agreement or Supply Chain Financing and each Secured Additional Letter of Credit Facility Issuer shall

be deemed to have appointed the Administrative Agent to serve as administrative agent and collateral agent under the Loan Documents and

agreed to be bound by the Loan Documents as a Secured Party thereunder, subject to the limitations set forth in this paragraph.

party hereto irrevocably authorize the Administrative Agent, at its option and in its discretion, to release or subordinate any Lien

on any property granted to or held by the Administrative Agent under any Loan Document and any Acceptable Intercreditor Agreement to

the holder of any Lien on such property that is permitted by Section

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6.02(a)(v). The Administrative Agent shall not be responsible for

or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral,

the existence, priority or perfection of the Administrative Agent’s Lien thereon or any certificate prepared by any Loan Party

in connection therewith, nor shall the Administrative Agent be responsible or liable to the Lenders for any failure to monitor or maintain

any portion of the Collateral.

(d) The Secured Parties

hereby irrevocably authorize the Administrative Agent, at the direction of the Required Lenders, to credit bid all or any portion of

the Obligations (including by accepting some or all of the applicable Collateral in satisfaction of some or all of such Obligations pursuant

to a deed in lieu of foreclosure or otherwise) and in such manner purchase (either directly or through one or more acquisition vehicles)

all or any portion of the Collateral (a) at any sale thereof conducted under the provisions of the Bankruptcy Code, including under

Sections 363, 1123 or 1129 of the Bankruptcy Code, or any similar laws in any other jurisdictions to which a Loan Party is subject, or

(b) at any other sale, foreclosure or acceptance of collateral in lieu of debt conducted by (or with the consent or at the direction

of) the Administrative Agent (whether by judicial action or otherwise) in accordance with any applicable law. In connection with any

such credit bid and purchase, the Obligations owed to the Secured Parties shall be entitled to be, and shall be, credit bid by the Administrative

Agent at the direction of the Required Lenders on a ratable basis (with Obligations with respect to contingent or unliquidated claims

receiving contingent interests in the acquired assets on a ratable basis that shall vest upon the liquidation of such claims in an amount

proportional to the liquidated portion of the contingent claim amount used in allocating the contingent interests) for the asset or assets

so purchased (or for the equity interests or debt instruments of the acquisition vehicle or vehicles that are issued in connection with

such purchase). In connection with any such bid, (i) the Administrative Agent shall be authorized to form one or more acquisition

vehicles and to assign any successful credit bid to such acquisition vehicle or vehicles, (ii) each of the Secured Parties’

ratable interests in the Obligations which were credit bid shall be deemed without any further action under this Agreement to be assigned

to such vehicle or vehicles for the purpose of closing such sale, (iii) the Administrative Agent shall be authorized to adopt documents

providing for the governance of the acquisition vehicle or vehicles (provided that any actions by the Administrative Agent with respect

to such acquisition vehicle or vehicles, including any disposition of the assets or equity interests thereof, shall be governed, directly

or indirectly, by, and the governing documents shall provide for, control by the vote of the Required Lenders or their permitted assignees

under the terms of this Agreement or the governing documents of the applicable acquisition vehicle or vehicles, as the case may be, irrespective

of the termination of this Agreement and without giving effect to the limitations on actions by the Required Lenders contained in Section 9.02

of this Agreement), (iv) the Administrative Agent on behalf of such acquisition vehicle or vehicles shall be authorized to issue

to each of the Secured Parties, ratably on account of the relevant Obligations which were credit bid, interests, whether as equity, partnership,

limited partnership interests or membership interests, in any such acquisition vehicle and/or debt instruments issued by such acquisition

vehicle, all without the need for any Secured Party or acquisition vehicle to take any further action, and (v) to the extent that

Obligations that are assigned to an acquisition vehicle are not used to acquire Collateral for any reason (as a result of another bid

being higher or better, because the amount of Obligations assigned to the acquisition vehicle exceeds the amount of Obligations credit

bid by the acquisition vehicle or otherwise), such Obligations shall automatically be reassigned to the applicable Secured Parties pro

rata with their original interest in such Obligations and the equity interests and/or debt instruments issued by any acquisition vehicle

on account of such Obligations shall automatically be cancelled, without the need for any Secured Party or any acquisition vehicle to

take any further action. Notwithstanding that the ratable portion of the Obligations of each Secured Party

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are deemed assigned to the

acquisition vehicle or vehicles as set forth in clause (ii) above, each Secured Party shall execute such documents and provide such

information regarding the Secured Party (and/or any designee of the Secured Party which will receive interests in or debt instruments

issued by such acquisition vehicle) as the Administrative Agent may reasonably request in connection with the formation of any acquisition

vehicle, the formulation or submission of any credit bid or the consummation of the transactions contemplated by such credit bid.

(e) The

Lenders and the other Secured Parties party hereto hereby irrevocably authorize and instruct the Administrative Agent to, without any

further consent of any Lender or any other Secured Party, enter into (or acknowledge and consent to) or amend, renew, extend, supplement,

restate, replace, waive or otherwise modify any Acceptable Intercreditor Agreement. The Lenders and the other Secured Parties irrevocably

agree that an Acceptable Intercreditor Agreement entered into by the Administrative Agent shall be binding on the Secured Parties, and

each Lender and each of the other Secured Parties hereby agrees that it will take no actions contrary to the provisions of an Acceptable

Intercreditor Agreement. The foregoing provisions are intended as an inducement to any provider of any Indebtedness not prohibited by

Section 6.01 hereof to extend credit to the Loan Parties and such persons are intended third-party beneficiaries of such provisions.

SECTION 8.06. Certain ERISA Matters.

(a) Each Lender (x) represents

and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a

Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent, and each

Arranger and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan

Party, that at least one of the following is and will be true:

(i) such

Lender is not using “plan assets” (within the meaning of the Plan Asset Regulations) of one or more Benefit Plans with respect

to such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments

and this Agreement,

(ii) the

transaction exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by independent

qualified professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general accounts),

PTE 90-1 (a class exemption for certain transactions involving insurance company pooled separate accounts), PTE 91-38 (a class exemption

for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions determined

by in-house asset managers), is applicable and the conditions are (and will continue to be satisfied) with respect to such Lender’s

entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement,

(iii) (A) such

Lender is an investment fund managed by a “Qualified Professional Asset Manager” (within the meaning of Section VI of

PTE 84-14), (B) such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate

in, administer and

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perform the Loans, the Letters of Credit, the Commitments and this Agreement, (C) the entrance into, participation

in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement satisfies the requirements

of sub-sections (b) through (g) and (k) of Section I of PTE 84-14 and (D) to the best knowledge of such Lender,

the requirements of subsection (a) of Section I of PTE 84-14 are satisfied with respect to such Lender’s entrance into,

participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement, or such

other representation, warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion, and

such Lender.

(b) In

addition, unless either (1) sub-clause (i) in the immediately preceding clause (a) is true with respect to a Lender or

(2) a Lender has provided another representation, warranty and covenant in accordance with sub-clause (iv) in the immediately

preceding clause (a), such Lender further (x) represents and warrants, as of the date such Person became a Lender party hereto, to,

and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto,

for the benefit of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan

Party, that the Administrative Agent is not a fiduciary with respect to the assets of such Lender involved in such Lender’s entrance

into, participation in, administration of and performance of the Loans, the Letters of Credit, the Revolving Commitments and this Agreement

(including in connection with the reservation or exercise of any rights by the Administrative Agent under this Agreement, any Loan Document

or any documents related hereto or thereto).

ARTICLE IX

Miscellaneous

SECTION 9.01. Notices.

(a) General. Except in the case of notices and other communications expressly permitted to be given by telephone (and subject

to paragraph (b) of this Section), all notices and other communications provided for herein shall be in writing and shall be delivered

by hand or overnight courier service, mailed by certified or registered mail or sent by fax (to the extent fax information is provided

below), as follows:

(i)

if to the Borrower, to it at c/o Solstice Advanced Materials Inc., 115 Tabor

Road, Morris Plains, New Jersey 07950, Attention: Matthew Giordano (matt.giordano@solstice.com); Jay Shah (jay.shah2@solstice.com), with

a copy (which shall not constitute notice) to Cleary Gottlieb Steen & Hamilton LLP, One Liberty Plaza, New York, NY 10006. Attention:

Amy R. Shapiro, Esq. (ashapiro@cgsh.com);

(ii) if

to the Administrative Agent or Lender in respect of (i) Borrowings and all other matters, to

it at JPMorgan Chase Bank, N.A., 500 Stanton Christiana Rd. NCC5 / 1st Floor, Newark, DE 19713, Attention of Loan & Agency Services

Group and (ii) in its capacity as Issuing Bank to it at JPMorgan Chase Bank, N.A., 10410 Highland

Manor Dr. 3rd Floor, Tampa, FL 33610, with a copy to JPMorgan Chase Bank, 500 Stanton Christiana Rd.

NCC5 / 1st Floor, Newark, DE 19713, Attention of Loan & Agency Services Group;

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(iii) if

to any Issuing Bank, to it at its address or email address (or fax number) most recently specified by it in a notice delivered to the

Administrative Agent and the Borrower (or, in the absence of any such notice, to the address or email address (or fax number) set forth

in the Administrative Questionnaire of the Lender that is serving as such Issuing Bank or is an Affiliate thereof); and

(iv) if

to the collateral agent, to it at JPMorgan Chase & Co. (Email: ib.collateral.services@jpmchase.com);

(v) if

to any other Lender, to it at its address or email address (or fax number) set forth in its Administrative Questionnaire.

Notices and other communications

sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received;

notices and other communications sent by fax shall be deemed to have been given when sent (except that, if not given during normal business

hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient). Notices

and other communications delivered through electronic communications, to the extent provided in paragraph (b) of this Section, shall

be effective as provided in such paragraph.

(b) Electronic Communications.

Notices and other communications to the Lenders and the Issuing Banks hereunder may be delivered or furnished by electronic communication

(including e-mail and Internet and intranet websites) pursuant to procedures approved by the Administrative Agent; provided that

the foregoing shall not apply to notices under Article II to any Lender or any Issuing Bank if such Lender or such Issuing Bank,

as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article by electronic communication.

The Administrative Agent, the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic

communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to particular notices

or communications or may be rescinded by any such Person by notice to each other such Person.

Unless the Administrative Agent

otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s

receipt of an acknowledgment from the intended recipient (such as by the “return receipt requested” function, as available,

return e-mail or other written acknowledgment) and (ii) notices and other communications posted to an Internet or intranet website

shall be deemed received upon the deemed receipt by the intended recipient, at its e-mail address as described in the foregoing clause

(i), of notification that such notice or communication is available and identifying the website address therefore; provided that,

for both clauses (i) and (ii) above, if such notice or other communication is not sent during the normal business hours of the

recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next Business Day for the

recipient.

Any party hereto may change its address or fax number for notices and other communications hereunder by notice to the other parties hereto.

(d)

Platform.

(i) The Borrower agree that the Administrative Agent may, but shall

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not be obligated to, make any Communications by posting such

Communication on Debt Domain, IntraLinks, SyndTrak or any other electronic platform chosen by the Administrative Agent to be its

electronic transmission system (the “Platform”).

(ii) Although

the Platform and its primary web portal are secured with generally-applicable security procedures and policies implemented or modified

by the Administrative Agent from time to time (including, as of the Effective Date, a user ID/password authorization system) and the Platform

is secured through a per-deal authorization method whereby each user may access the Platform only on a deal-by-deal basis, each of the

Lenders, each of the Issuing Banks, The Borrower acknowledges and agrees that the distribution of material through an electronic medium

is not necessarily secure, that the Administrative Agent is not responsible for approving or vetting the representatives or contacts of

any Lender that are added to the Platform, and that there are confidentiality and other risks associated with such distribution. Each

of the Lenders, each of the Issuing Banks, The Borrower hereby approves distribution of the Communications through the Platform and understands

and assumes the risks of such distribution.

(iii) THE

PLATFORM AND THE COMMUNICATIONS ARE PROVIDED “AS IS” AND “AS AVAILABLE”. THE APPLICABLE PARTIES (AS DEFINED

BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE COMMUNICATIONS, OR THE ADEQUACY OF THE PLATFORM AND EXPRESSLY DISCLAIM

LIABILITY FOR ERRORS OR OMISSIONS IN THE PLATFORM AND THE COMMUNICATIONS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING

ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER

CODE DEFECTS, IS MADE BY THE APPLICABLE PARTIES IN CONNECTION WITH THE COMMUNICATIONS OR THE PLATFORM. IN NO EVENT SHALL THE ADMINISTRATIVE

AGENT, ANY ARRANGER, ANY CO-DOCUMENTATION AGENT, ANY SYNDICATION AGENT OR ANY OF THEIR RESPECTIVE RELATED PARTIES (COLLECTIVELY, “APPLICABLE

PARTIES”) HAVE ANY LIABILITY TO ANY LOAN PARTY, ANY LENDER, ANY ISSUING BANK OR ANY OTHER PERSON OR ENTITY FOR DAMAGES OF

ANY KIND, INCLUDING DIRECT OR INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES (WHETHER IN TORT, CONTRACT

OR OTHERWISE) ARISING OUT OF ANY LOAN PARTY’S OR THE ADMINISTRATIVE AGENT’S TRANSMISSION OF COMMUNICATIONS THROUGH THE INTERNET

OR THE PLATFORM EXCEPT TO THE EXTENT SUCH DAMAGES ARE FOUND IN A FINAL AND NON-APPEALABLE JUDGMENT OF A COURT OF COMPETENT JURISDICTION

TO HAVE RESULTED FROM THE BAD FAITH, WILLFUL MISCONDUCT OR GROSS NEGLIGENCE OF AN APPLICABLE PARTY OR ANY OF ITS RELATED PARTIES.

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(iv) Each

Lender and each Issuing Bank agrees that notice to it (as provided in the next sentence) specifying that Communications have been posted

to the Platform shall constitute effective delivery of the Communications to such Lender or Issuing Bank (as applicable) for purposes

of the Loan Documents. Each Lender and each Issuing Bank agrees (i) to notify the Administrative Agent in writing (which could be

in the form of electronic communication) from time to time of such Lender’s or Issuing Bank’s (as applicable) email address

to which the foregoing notice may be sent by electronic transmission and (ii) that the foregoing notice may be sent to such email

address.

(v) Nothing

herein shall prejudice the right of the Administrative Agent, any Lender or any Issuing Bank to give any notice or other communication

pursuant to any Loan Document in any other manner specified in such Loan Document.

SECTION 9.02. Waivers;

Amendments. (a) No failure or delay by the Administrative Agent, any Issuing Bank or any Lender in exercising any right or power

hereunder or under any other Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right

or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof

or the exercise of any other right or power. The rights and remedies of the Administrative Agent, the Issuing Banks and the Lenders hereunder

and under the other Loan Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver

of any provision of this Agreement or any other Loan Document or consent to any departure by any Loan Party therefrom shall in any event

be effective unless the same shall be permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective

only in the specific instance and for the specific purpose for which given. Without limiting the generality of the foregoing, the execution

and delivery of this Agreement, the making of a Loan or the issuance, amendment, renewal or extension of a Letter of Credit shall not

be construed as a waiver of any Default, regardless of whether the Administrative Agent, any Lender or any Issuing Bank may have had notice

or knowledge of such Default at the time. No notice or demand on the Borrower in any case shall entitle the Borrower to any other or further

notice or demand in similar or other circumstances.

(b) Except as provided

in Sections 2.14(b), (c) and (d), 2.21, 2.22, 2.23 and 9.02(c), none of this Agreement, any other Loan Document or any provision

hereof or thereof may be waived, amended or modified except, in the case of this Agreement, pursuant to an agreement or agreements in

writing entered into by the Borrower, the Administrative Agent and the Required Lenders and, in the case of any other Loan Document,

pursuant to an agreement or agreements in writing entered into by the Administrative Agent and the Loan Party or Loan Parties that are

parties thereto, in each case with the consent of the Required Lenders; provided that no such agreement shall (i) increase

the Commitment of any Lender without the written consent of such Lender (it being understood and agreed that a waiver of any Default

or Event of Default will not constitute an increase in the Commitment of any Lender), (ii) reduce the principal amount of any Loan

or LC Disbursement or reduce the rate of interest thereon, or reduce any fees payable hereunder, in each case without the written consent

of each Lender adversely affected thereby (it being understood and agreed that a waiver of any Default or Event of Default will not constitute

a reduction in the principal amount of any Loan), (iii) postpone the scheduled maturity date of any Loan, or the date of any scheduled

payment of the principal amount of any Term Loan under Section 2.10 or the applicable Incremental Facility Amendment

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or the required date of reimbursement

of any LC Disbursement, or any date for the payment of any interest or fees payable hereunder, or reduce the amount of, waive or excuse

any such payment, or postpone the scheduled date of expiration of any Commitment, without the written consent of each Lender adversely

affected thereby (it being understood and agreed that a waiver of any Default or Event of Default will not constitute a postponement

of the scheduled maturity date of any loan, or the date of any scheduled payment of principal, interest or fees payable hereunder), (iv) change

the last sentence of Section 2.08(c), Section 2.18(a), Section 2.18(b), Section 2.18(c) or

any other Section hereof or any other Loan Document providing for the ratable treatment or payment

priority of the Lenders, in each case in a manner that would alter the pro rata termination of commitments,

the sharing of payments required thereby or the priority of payments, without the written consent of each Lender adversely affected

thereby, (v) change any of the provisions of this Section or the definition of the term “Required Lenders”, “Required

Revolving Lenders” or “Majority in Interest” or any other provision of this Agreement or any other Loan Document specifying

the number or percentage of Lenders (or Lenders of any Class) required to waive, amend or otherwise modify any rights thereunder or make

any determination or grant any consent thereunder, without the written consent of each Lender (or each Lender of such Class, as applicable);

provided that, with the consent of the Required Lenders, the provisions of this Section and the definition of the term “Required

Lenders” or “Majority in Interest” may be amended to include references to any new class of loans created under this

Agreement (or to lenders extending such loans) on substantially the same basis as the corresponding references relating to the existing

Classes of Loans or Lenders, (vi) release all or substantially all of the value of the Guarantees provided by the Loan Parties under

the Security Documents, in each case without the written consent of each Lender (except as expressly provided in Section 9.14 or

the Security Documents) (including any such release by the Administrative Agent in connection with any sale or other disposition of any

Subsidiary upon the exercise of remedies under the Security Documents), it being understood and agreed that an amendment or other modification

of the type of obligations guaranteed under the Security Documents shall not be deemed to be a release of any Guarantee), (vii) release

all or substantially all the Collateral from the Liens of the Security Documents without the written consent of each Lender (except as

expressly provided in Section 9.14 or the applicable Security Document (including any such release by the Administrative Agent in

connection with any sale or other disposition of the Collateral upon the exercise of remedies under the Security Documents), it being

understood and agreed that an amendment or other modification of the type of obligations secured by the Security Documents shall not

be deemed to be a release of the Collateral from the Liens of the Security Documents), (viii) waive any condition set forth in Section 4.01

(other than as it relates to the payment of fees and expenses of counsel), or, in the case of any Loans made or Letters of Credit issued

on or after the Effective Date, Section 4.02, without the written consent of each Lender with a Revolving Commitment and each Issuing

Bank (as applicable), (ix) change any provisions of this Agreement or any other Loan Document in a manner that by its terms adversely

affects the rights in respect of Collateral securing the obligations owed to, or payments due to, Lenders holding Loans of any Class differently

than those holding Loans of any other Class, without the written consent of Lenders representing a Majority in Interest of each affected

Class, (x) change the rights of the Term B Lenders to decline mandatory prepayments as provided in Section 2.11 or the rights

of any Additional Lenders of any Class to decline mandatory prepayments of Term Loans of such Class as provided in the applicable

Incremental Facility Amendment, without the written consent of Term B Lenders or Additional Lenders of such Class, as applicable, holding

a majority of the outstanding Term B Loans, or Incremental Term Loans of such Class, (xi) (A) change Section 6.12 or 6.13

(or for the purposes of determining compliance with Section 6.12 or Section 6.13, any defined terms used therein), (B) waive

or consent to any Default or Event of Default resulting from a breach of Section 6.12 or Section 6.13 or (C) alter the

rights or remedies of the

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Required Revolving Lenders arising pursuant to Article VII as a result of a breach of Section 6.12

or Section 6.13, in each case, without the written consent of the Required Revolving Lenders; provided, however, that

the amendments, modifications, waivers and consents described in this clause (xi) shall not require the consent of any Lenders other

than the Required Revolving Lenders; provided further that (A) no such agreement shall amend, modify, extend or otherwise

affect the rights or obligations of the Administrative Agent or any Issuing Bank without the prior written consent of the Administrative

Agent or such Issuing Bank, as applicable, (B) any waiver, amendment or other modification of this Agreement that by its terms affects

the rights or duties under this Agreement of the Lenders of one or more Classes (but not the Lenders of any other Class) may be effected

by an agreement or agreements in writing entered into by the Borrower and the requisite number or percentage in interest of each affected

Class of Lenders that would be required to consent thereto under this Section if such Class of Lenders were the only Class of

Lenders hereunder at the time (provided that any change that would directly and adversely affect a Class of Lenders hereunder shall

require the written consent of the Majority in Interest with respect to each such Class directly and adversely affected thereby)

and (C) if the terms of any waiver, amendment or other modification of this Agreement or any other Loan Document provide that any

Class of Loans (together with all accrued interest thereon and all accrued fees payable with respect to the Commitments of such

Class) will be repaid or paid in full, and the Commitments of such Class (if any) terminated, as a condition to the effectiveness

of such waiver, amendment or other modification, then so long as the Loans of such Class (together with such accrued interest and

fees) are in fact repaid or paid in full and such Commitments are in fact terminated, in each case prior to or substantially simultaneously

with the effectiveness of such amendment, then such Loans and Commitments shall not be included in the determination of the Required

Lenders with respect to such amendment and (xii) change any provision hereof or any other Loan Document in a manner that has the

effect of modifying any payment waterfall, subordinating the priority of the Liens securing the Secured Additional Letter of Credit Facility

Obligations to Liens securing any other Indebtedness or subordinating in right of payment the Secured Additional Letter of Credit Facility

Obligations to any other Indebtedness, in each case, without the written consent of each Secured Additional Letter of Credit Facility

Issuer adversely affected thereby. Notwithstanding any of the foregoing, (1) no consent with respect to any waiver, amendment or

other modification of this Agreement or any other Loan Document shall be required of any Defaulting Lender, except with respect to any

waiver, amendment or other modification referred to in clause (i), (ii) or (iii) of the first proviso of this paragraph and

then only in the event such Defaulting Lender shall be affected by such waiver, amendment or other modification, (2) any provision

of this Agreement or any other Loan Document may be amended by an agreement in writing entered into by the Borrower and the Administrative

Agent (i) to cure any ambiguity, omission, mistake, defect, inconsistency, obvious error or any error or omission of a technical

nature or any necessary or desirable technical change, in each case, in any provision of any Loan Document, (ii) to comply with

local law or advice of local counsel, (iii) to cause any guarantee, collateral security document (including Mortgages) or other

document to be consistent with this Agreement, the other Loan Documents and each Acceptable Intercreditor Agreement or (iv) to give

effect to the provisions of Section 2.14(b), (c) or (d) or to amend time periods, minimum amounts and currency exchange

rate calculations mechanics with respect to borrowing and payment mechanics under the Revolving Loans solely to the extent necessary

to implement a Permitted Foreign Currency and (3) this Agreement may be amended to provide for Incremental Extensions of Credit

in the manner contemplated by Section 2.21, the extension of the Maturity Date as provided in Section 2.22 and the incurrence

of Refinancing Term Loan Indebtedness as provided in Section 2.23, in each case without any additional consents; provided further

that any amendments and modifications that have the effect of (A) subordinating in priority of the Liens securing the Obligations

to Liens securing any other Indebtedness, or (B) subordinating in right of payment

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the Obligations to any other Indebtedness, other

than (1) any “debtor-in-possession” facility or (2) any other Indebtedness, so long as such Indebtedness is offered

ratably to all Lenders on the same terms and conditions and Lenders are afforded a bona fide opportunity to participate, shall require

the consent of each Lender adversely affected thereby.

any Proposed Change requiring the consent of all Lenders or all affected Lenders, if the consent of the Required Lenders (and, to the

extent any Proposed Change requires the consent of Lenders holding Loans of any Class pursuant to clause (iv) of paragraph (b) of

this Section, the consent of a Majority in Interest of the outstanding Loans and unused Commitments of such Class) to such Proposed Change

is obtained, but the consent to such Proposed Change of other Lenders whose consent is required is not obtained (any such Lender whose

consent is not obtained as described in paragraph (b) of this Section being referred to as a “Non-Consenting Lender”

for purposes of this clause (c)), then the Borrower may, at its sole expense and effort, upon notice to such Non-Consenting Lender and

the Administrative Agent, require such Non-Consenting Lender to assign and delegate, without recourse (in accordance with and subject

to the restrictions contained in Section 9.04), all its interests, rights and obligations under this Agreement to an assignee that

shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that (i) if

the Administrative Agent is not such Non-Consenting Lender, the Borrower shall have received the prior written consent of the Administrative

Agent (and, if a Revolving Commitment is being assigned, each Issuing Bank), which consent shall not unreasonably be withheld or delayed,

(ii) such Non-Consenting Lender shall have received payment of an amount equal to the outstanding principal of its Loans and participations

in LC Disbursements, accrued interest thereon, accrued fees and all other amounts payable to it hereunder (including, if applicable, the

prepayment fee pursuant to Section 2.11(h) (with such assignment being deemed to be an optional prepayment for purposes of determining

the applicability of such Section) from the assignee (in the case of such principal and accrued interest and fees (other than any fee

payable pursuant to Section 2.11(h)) or the Borrower (in the case of all other amounts (including any amount payable pursuant to

Section 2.11(h), (iii) the Borrower or such assignee shall have paid to the Administrative Agent the processing and recordation

fee specified in Section 9.04(b), (iv) such assignment does not conflict with applicable law and (v) the assignee shall

have given its consent to such Proposed Change and, as a result of such assignment and delegation and any contemporaneous assignments

and delegations and consents, such Proposed Change can be effected. Any assignment required pursuant to this Section 9.02(c) may

be effected pursuant to an Assignment and Assumption executed by the Borrower, the Administrative Agent and the assignee, and the Lender

required to make such assignment shall not be required to be a party to such Assignment and Assumption.

(d) Notwithstanding anything

herein to the contrary, the Administrative Agent may, without the consent of any Secured Party, consent to a departure by any Loan Party

from any covenant of such Loan Party set forth in this Agreement or any Security Document to the extent such departure is consistent with

the authority of the Administrative Agent set forth in the definition of the term “Collateral and Guarantee Requirement”.

(e) The Administrative

Agent may, but shall have no obligation to, with the concurrence of any Lender, execute waivers, amendments or other modifications on

behalf of such Lender. Any waiver, amendment or other modification effected in accordance with this Section, shall be binding upon each

Person that is at the time thereof a Lender and each Person that subsequently becomes a Lender.

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SECTION 9.03. Expenses;

Indemnity; Damage Waiver. (a) Expenses. The Borrower shall pay, (i) all reasonable, documented and invoiced out-of-pocket

expenses incurred by the Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents and their respective Affiliates

(without duplication), including the reasonable fees and documented charges and disbursements of a single primary counsel and to the extent

reasonably determined by the Administrative Agent to be necessary, one local counsel in each appropriate jurisdiction, in connection with

the structuring, arrangement and syndication of the credit facilities provided for herein and any credit or similar facility refinancing

or replacing, in whole or in part, any of the credit facilities provided for herein, as well as the preparation, negotiation, execution,

delivery and administration of this Agreement, the other Loan Documents or any waiver, amendments or modifications of the provisions hereof

or thereof, (ii) all reasonable, documented and invoiced out-of-pocket expenses incurred by any Issuing Bank in connection with the

issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all reasonable,

documented and invoiced out-of-pocket expenses incurred by the Administrative Agent, any Issuing Bank, any Lender or any Arranger, including

the reasonable, documented and invoiced fees, charges and disbursements of counsel for any of the foregoing, in connection with the enforcement

or protection of its rights in connection with the Loan Documents, including its rights under this Section, or in connection with the

Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring

or negotiations in respect of such Loans or Letters of Credit.

(b) Indemnity.

The Borrower shall indemnify the Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents, the Lenders,

the Issuing Banks and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”),

against, and hold each Indemnitee harmless from, any and all losses, claims, damages, penalties, liabilities and related expenses (including

the reasonable and documented fees, charges and disbursements of one firm of counsel for all such Indemnitees, taken as a whole, and,

if reasonably necessary, of a single firm of local counsel in each appropriate jurisdiction (which may include a single firm of special

counsel acting in multiple jurisdictions) for all such Indemnitees, taken as a whole (and, in the case of an actual or perceived conflict

of interest where the Indemnitee affected by such conflict informs the Borrower of such conflict and thereafter retains its own counsel,

of another firm of counsel for such affected Indemnitee and, if reasonably necessary, of another firm of local counsel in each appropriate

jurisdiction (which may include a single firm of special counsel acting in multiple jurisdictions) for such affected Indemnitee)), incurred

by or asserted against such Indemnitees arising out of, in connection with or as a result of any actual or prospective claim, litigation,

investigation or proceeding relating to (i) the structuring, arrangement and syndication of the credit facilities provided for herein,

the preparation, negotiation, execution, delivery and administration of this Agreement, the other Loan Documents or any other agreement

or instrument contemplated hereby or thereby, the performance by the parties to this Agreement or the other Loan Documents of their respective

obligations hereunder or thereunder or the consummation of the Transactions or any other transactions contemplated hereby or thereby,

(ii) any Loan or Letter of Credit or the use of the proceeds therefrom (including any refusal by any Issuing Bank to honor a demand

for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms

of such Letter of Credit) or (iii) any actual or alleged presence or Release of Hazardous Materials on, at to or from any property

currently or formerly owned, leased or operated by the Borrower or any Subsidiary or any other Environmental Liability related in any

way to the Borrower or any Subsidiary, in each case, whether based on contract, tort or any other theory and whether initiated against

or by any party to this Agreement or any other Loan Document, any Affiliate of any of the foregoing or any third party (and regardless

of whether any Indemnitee is a party thereto); provided that the foregoing indemnity shall not, as to

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any Indemnitee, apply to

any losses, claims, damages, liabilities or related expenses to the extent they are found in a final and non-appealable judgment of a

court of competent jurisdiction to have resulted from (A) the bad faith, willful misconduct or gross negligence of such Indemnitee,

(B) a claim brought by the Borrower or any Subsidiary against such Indemnitee for material breach of such Indemnitee’s

obligations under this Agreement or any other Loan Document or (C) a proceeding that does not involve an act or omission by

the Borrower or any of their respective Affiliates and that is brought by an Indemnitee against any other Indemnitee (other than a proceeding

that is brought against the Administrative Agent or any other agent or any Arranger in its capacity or in fulfilling its roles as an

agent or arranger hereunder or any similar role with respect to the Indebtedness incurred or to be incurred hereunder). This paragraph

shall not apply with respect to Taxes other than any Taxes that represent losses, claims or damages arising from any non-Tax claim.

To the extent that The Borrower fail to indefeasibly pay any amount required to be paid by them under paragraph (a) or (b) of

this Section to the Administrative Agent, any Issuing Bank or any Related Party of any of the foregoing (and without limiting their

obligation to do so), each Lender severally agrees to pay to the Administrative Agent, such Issuing Bank or such Related Party, as applicable,

such Lender’s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought)

of such unpaid amount (it being understood and agreed that the Borrower’s failure to pay any such amount shall not relieve the Borrower

of any default in the payment thereof); provided that the unreimbursed expense or indemnified loss, claim, damage, liability or

related expense, as applicable, was incurred by or asserted against the Administrative Agent or such Issuing Bank in its capacity as such,

or against any Related Party of any of the foregoing acting for the Administrative Agent or any Issuing Bank in connection with such capacity;

provided further that, with respect to such unpaid amounts owed to any Issuing Bank in its capacity as such, or to any Related

Party of any of the foregoing acting for any Issuing Bank in connection with such capacity, only the Revolving Lenders shall be required

to pay such unpaid amounts. For purposes of this Section, a Lender’s “pro rata share” shall be determined by its share

of the sum of the total Revolving Exposure, unused Revolving Commitments and, except for purposes of the second proviso of the immediately

preceding sentence, the outstanding Term Loans and unused Term Commitments, in each case at that time. The obligations of the Lenders

under this paragraph are subject to the last sentence of Section 2.02(a) (which shall apply mutatis mutandis to the Lenders’

obligations under this paragraph).

(d) Limitation of

Liability. To the fullest extent permitted by applicable law, (i) Borrower shall not assert, and shall not permit any of

their respective Affiliates or Related Parties to assert, and each hereby waives, any claim against the Administrative Agent, any

Arranger, any Syndication Agent, any Co-Documentation Agent, any Issuing Bank and any Lender, and any Related Party of the foregoing

Persons (each such Person being called a “Lender-Related Person”) for any damages arising from the use by

others of information or other materials obtained through telecommunications, electronic or other information transmission systems

(including the Internet), except to the extent such damages are found in a final and non-appealable judgment of a court of competent

jurisdiction to have resulted from the bad faith, willful misconduct or gross negligence of any Lender-Related Person or Related

Party of any Lender-Related Person or (ii) neither any Lender-Related Person nor any other party to this Agreement or any other

Loan Document shall be liable for special, indirect, consequential or punitive damages (as opposed to direct or actual damages)

arising out of, in connection with or as a result of, this Agreement, any other Loan Document or any agreement or instrument

contemplated hereby or thereby, the Transactions, any Loan or Letter of Credit or the use of the proceeds thereof; provided

that nothing in this clause (ii) shall limit the expense reimbursement

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and indemnification obligations of The Borrower set

forth in paragraphs (a) and (b) of this Section 9.03.

(e) Payments. All

amounts due under this Section shall be payable promptly after written demand therefor.

SECTION 9.04. Successors

and Assigns. (a) General. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties

hereto and their respective successors and assigns permitted hereby (including any Affiliate of any Issuing Bank that issues any Letter

of Credit), except that (i) Borrower may not assign, delegate or otherwise transfer any of its rights or obligations hereunder without

the prior written consent of the Administrative Agent and each Lender and (ii) no Lender may assign, delegate or otherwise transfer

its rights or obligations hereunder except in accordance with this Section. Nothing in this Agreement, expressed or implied, shall be

construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby (including

any Affiliate of any Issuing Bank that issues any Letter of Credit), Participants (to the extent provided in paragraph (c) of this

Section), the Arrangers, the Syndication Agents, the Documentation Agents and, to the extent expressly contemplated hereby, the Related

Parties of any of the Administrative Agent, any Arranger, any Syndication Agent, any Documentation Agent, any Issuing Bank and any Lender)

any legal or equitable right, remedy or claim under or by reason of this Agreement.

(b) Assignments by Lenders.

(i) Subject to the conditions set forth in paragraph (b)(ii) below, any Lender may assign and delegate to one or more Eligible

Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans

at the time owing to it) with the prior written consent of (A) the Borrower (such consent not to be unreasonably withheld or delayed);

provided that no consent of the Borrower shall be required (1) for assignments of Commitments or Loans of any Class to

another Lender under such Class, an Affiliate of a Lender under such Class or an Approved Fund and (2) if an Event of Default

of the type set forth in Section 7.01(a), (b), (h) or (i) has occurred and is continuing, for any other assignment and

delegation; provided further that the Borrower shall be deemed to have consented to an assignment and delegation of rights and

obligations of Term Loans and Revolving Commitments unless it shall object thereto by written notice to the Administrative Agent within

ten Business Days after having received notice thereof, (B) the Administrative Agent (such consent not to be unreasonably withheld

or delayed); provided that no consent of the Administrative Agent shall be required for an assignment and delegation of all or

any portion of a Term Commitment or Term Loan to a Lender, an Affiliate of a Lender or an Approved Fund and (C) each Issuing Bank

(such consent not to be unreasonably withheld or delayed) in the case of any assignment and delegation of all or a portion of a Revolving

Commitment or any Lender’s obligations in respect of its LC Exposure.

(ii) Assignments

and delegations shall be subject to the following additional conditions: (A) except in the case of an assignment and delegation

to a Lender, an Affiliate of a Lender or an Approved Fund or an assignment and delegation of the entire remaining amount of the assigning

Lender’s Commitment or Loans of any Class, the amount of the Commitment or Loans of the assigning Lender subject to each such assignment

and delegation (determined as of the trade date specified in the Assignment and Assumption with respect to such assignment and delegation

or, if no trade date is so specified, as of the date the Assignment and Assumption with respect to such assignment and delegation is

delivered to the Administrative

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Agent) shall not be less than $5,000,000 or, in the case of Term Loans, $1,000,000 (treating contemporaneous

assignments by or to two or more Approved Funds as a single assignment for purposes of such minimum transfer amount), unless each of

the Borrower and the Administrative Agent otherwise consents (such consent not to be unreasonably withheld or delayed); provided

that no such consent of the Borrower shall be required if an Event of Default of the type set forth in Section 7.01(a), (b), (h) or

(i) has occurred and is continuing, (B) each partial assignment and delegation shall be made as an assignment and delegation

of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement; provided that this clause

(B) shall not be construed to prohibit the assignment and delegation of a proportionate part of all the assigning Lender’s

rights and obligations in respect of one Class of Commitments or Loans, (C) the parties to each assignment and delegation shall

execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500;

provided that (1) the Administrative Agent may waive or reduce such fee in its sole discretion and (2) with respect

to any assignment and delegation pursuant to Section 2.19(b) or 9.02(c), the parties hereto agree that such assignment and

delegation may be effected pursuant to an Assignment and Assumption executed by the Borrower, the Administrative Agent and the assignee

and that the Lender required to make such assignment and delegation need not be a party thereto, and (D) the assignee, if it shall

not be a Lender, shall deliver to the Administrative Agent any tax forms required by Section 2.17(f) and an Administrative

Questionnaire in which the assignee designates one or more credit contacts to whom all syndicate-level information (which may contain

MNPI) will be made available and who may receive such information in accordance with the assignee’s compliance procedures and applicable

law, including Federal, State and foreign securities laws.

(iii) Subject to acceptance

and recording thereof pursuant to paragraph (b)(v) of this Section, from and after the effective date specified in each Assignment

and Assumption, the assignee thereunder shall be a party hereto and, to the extent of the interest assigned and delegated by such Assignment

and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent

of the interest assigned and delegated by such Assignment and Assumption, be released from its obligations under this Agreement (and,

in the case of an Assignment and Assumption covering all the assigning Lender’s rights and obligations under this Agreement, such

Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of (and subject to the obligations and limitations

of) Sections 2.15, 2.16, 2.17 and 9.03 and to any fees payable hereunder that have accrued for such Lender’s account but have not

yet been paid). Any assignment, delegation or other transfer by a Lender of rights or obligations under this Agreement that does not comply

with this Section shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and

obligations in accordance with Section 9.04(c).

(iv) The Administrative Agent, acting solely

for this purpose as a non-fiduciary agent of the Borrower, shall maintain at one of its offices a

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copy of each Assignment and Assumption

delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitment of, and principal amount

(and stated interest) of the Loans and LC Disbursements owing to, each Lender pursuant to the terms hereof from time to time (the “Register”).

The entries in the Register shall be conclusive absent manifest error, and the Borrower, the Administrative Agent, the Issuing Banks

and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for

all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available for inspection by the Borrower

and, as to entries pertaining to it, any Issuing Bank or any Lender, at any reasonable time and from time to time upon reasonable prior

notice.

(v) Upon

receipt by the Administrative Agent of a duly completed Assignment and Assumption executed by an assigning Lender and an assignee, the

assignee’s completed Administrative Questionnaire and any tax forms required by Section 2.17(f) (unless the assignee shall

already be a Lender hereunder), the processing and recordation fee referred to in paragraph (b) of this Section and any written

consent to such assignment and delegation required by paragraph (b) of this Section, the Administrative Agent shall accept such Assignment

and Assumption and record the information contained therein in the Register; provided that the Administrative Agent shall not be

required to accept such Assignment and Assumption or so record the information contained therein if the Administrative Agent reasonably

believes that such Assignment and Assumption lacks any written consent required by this Section or is otherwise not in proper form,

it being acknowledged that the Administrative Agent shall have no duty or obligation (and shall incur no liability) with respect to obtaining

(or confirming the receipt) of any such written consent or with respect to the form of (or any defect in) such Assignment and Assumption,

any such duty and obligation being solely with the assigning Lender and the assignee. No assignment or delegation shall be effective for

purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph and, following such recording, unless

otherwise determined by the Administrative Agent (such determination to be made in the sole discretion of the Administrative Agent, which

determination may be conditioned on the consent of the assigning Lender and the assignee), shall be effective notwithstanding any defect

in the Assignment and Assumption relating thereto. Each assigning Lender and the assignee, by its execution and delivery of an Assignment

and Assumption, shall be deemed to have represented to the Administrative Agent that all written consents required by this Section with

respect thereto (other than the consent of the Administrative Agent) have been obtained and that such Assignment and Assumption is otherwise

duly completed and in proper form, and each assignee, by its execution and delivery of an Assignment and Assumption, shall be deemed to

have represented to the assigning Lender and the Administrative Agent that such assignee is an Eligible Assignee.

(vi) The words

“execution”, “signed”, “signature” and words of like import in any Assignment and Assumption shall

be deemed to include electronic signatures or the keeping of records in electronic form, each of

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which shall be of the same legal effect,

validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as applicable, to the extent

and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York

State Electronic Signatures and Records Act or any other similar State laws based on the Uniform Electronic Transactions Act.

Any Lender may, without the consent of, or notice to, the Borrower, the Administrative Agent or any Issuing Bank, sell participations

to one or more Eligible Assignees (each, a “Participant”) in all or a portion of such Lender’s rights and/or

obligations under this Agreement (including all or a portion of its Commitments and Loans of any Class); provided that (A) such

Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other

parties hereto for the performance of such obligations (C) the Borrower, the Administrative Agent, the Issuing Banks and the other

Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under

this Agreement and (D) the Participant will under no circumstances (x) be subrogated to, or substituted in respect of, the

Lender’s claims under this Agreement and (y) have otherwise any contractual relationship with, or rights against, the Borrower

under or in relation to this Agreement. Any agreement or instrument pursuant to which a Lender sells such a participation shall provide

that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision

of this Agreement or any other Loan Document; provided that such agreement or instrument may provide that such Lender will not,

without the consent of the Participant, agree to any amendment, modification or waiver described in clause (i), (ii), (iii), (vi) or

(vii) in the first proviso to Section 9.02(b) that affects such Participant or requires the approval of all the Lenders.

The Borrower agree that each Participant shall be entitled to the benefits of Sections 2.15, 2.16 and 2.17 (subject to the requirements

and limitations therein, including the requirements under Section 2.17(f) (it being understood and agreed that the documentation

required under Section 2.17(f) shall be delivered to the participating Lender)) to the same extent as if it were a Lender and

had acquired its interest by assignment and delegation pursuant to paragraph (b) of this Section; provided that such Participant

(A) agrees to be subject to the provisions of Sections 2.18 and 2.19 as if it were an assignee under paragraph (b) of this

Section and (B) shall not be entitled to receive any greater payment under Section 2.15 or 2.17, with respect to any participation,

than its participating Lender would have been entitled to receive, except to the extent such entitlement to receive a greater payment

results from a Change in Law that occurs after the Participant acquired the applicable participation. Each Lender that sells a participation

agrees, at the Borrower’s request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions

of Section 2.19(b) with respect to any Participant. To the extent permitted by law, each Participant also shall be entitled

to the benefits of Section 9.08 as though it were a Lender; provided that such Participant agrees to be subject to Section 2.18(c) as

though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the

Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest)

of each Participant’s interest in the Loans or other obligations under this Agreement or any other Loan Document (the “Participant

(including the identity of any Participant or any information relating to a Participant’s interest in any Commitments, Loans, Letters

of Credit or its other obligations under this Agreement or any other Loan Document) to any Person except to the extent that such disclosure

is necessary to establish that such Commitment, Loan, Letter of Credit or other obligation is in registered form under Section 5f.103-1(c) of

the United

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States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender

shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this

Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative

Agent) shall have no responsibility for maintaining a Participant Register.

(d) Certain Pledges.

Any Lender may, without the consent of the Borrower, the Administrative Agent or any Issuing Bank, at any time pledge or assign a security

interest in all or any portion of its rights under this Agreement (other than to a natural person) to secure obligations of such Lender,

including any pledge or assignment to secure obligations to a Federal Reserve Bank or any other “central” bank, and this Section shall

not apply to any such pledge or assignment of a security interest; provided that no such pledge or assignment of a security interest

shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

(e) Purchasing Borrower

Parties. Notwithstanding anything else to the contrary contained in this Agreement (including, without limitation, the definition

of “Eligible Assignee”), any Lender may assign and delegate all or a portion of its Term Loans to any Purchasing Borrower

Party (x) through open market purchases made by such Purchasing Borrower Party on a non-pro rata basis (including, without limitation,

privately negotiated purchases) at any price agreed among the parties thereto for cash and/or other consideration and regardless of whether

made available for participation to all Lenders or all Lenders of a particular Class, (subject to clause (v) below) or (y) otherwise

in accordance with clauses (i) through (vii) below (which assignment and delegation, in the case of the foregoing clauses (x) and

(y) will not constitute a prepayment of Loans for any purposes of this Agreement and the other Loan Documents); provided that,

in the case of assignments and delegations made pursuant to the foregoing clause (y):

(i) no

Default or Event of Default has occurred and is continuing or would result therefrom;

(ii) each

Auction Purchase Offer shall be conducted in accordance with the procedures, terms and conditions set forth in this paragraph and the

Auction Procedures;

(iii) the

assigning Lender and Purchasing Borrower Party purchasing such Lender’s Term Loans, as applicable, shall execute and deliver to

the Administrative Agent an Affiliated Lender Assignment and Assumption in lieu of an Assignment and Assumption;

(iv) for

the avoidance of doubt, the Lenders shall not be permitted to assign or delegate Revolving Commitments or Revolving Exposure to a Purchasing

Borrower Party;

(v) to

the extent permitted by applicable law, any Term Loans assigned and delegated to any Purchasing Borrower Party shall be automatically

and permanently cancelled upon the effectiveness of such assignment and delegation and will thereafter no longer be outstanding for any

purpose hereunder (it being understood and agreed that (A) except as expressly set forth in any such definition, any gains or losses

by any Purchasing Borrower Party upon purchase or acquisition and cancellation of

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such Term Loans shall not be taken into account in

the calculation of Excess Cash Flow, Consolidated Net Income and Consolidated EBITDA and (B) any purchase of Term Loans pursuant

to this paragraph (f) shall not constitute a voluntary prepayment of Term Loans for purposes of this Agreement);

(vi) the

Purchasing Borrower Party shall either (A) not have any MNPI that has not been disclosed to the assigning Lender (other than any

such Lender that does not wish to receive MNPI) on or prior to the date of any initiation of an Auction by such Purchasing Borrower Party

or (B) advise the assigning Lender that it cannot make the statement in the foregoing clause (A), except to the extent that such

Lender has entered into a customary “big boy” letter with the Borrower; and

(vii) no

Purchasing Borrower Party may use the proceeds from Revolving Loans to purchase any Term Loans.

(f) Disqualified Institutions.

The Administrative Agent (i) shall have no obligation with respect to, and shall bear no responsibility or liability for, the ascertaining,

monitoring, inquiring or enforcing of the list of Persons who are Disqualified Institutions (or any provisions relating thereto) at any

time, and shall have no liability with respect to or arising out of any assignment or participation of any Loans to any Disqualified Institution

and (ii) may share a list of Persons who are Disqualified Institutions with any Lender, Participant, or any prospective assignee

or Participant, upon request. Notwithstanding anything to the contrary set forth in this Agreement, if the Borrower consents in writing

to an Assignment and Assumption to any Person or to otherwise permit any Person to become a Lender or Participant hereunder, such Person

shall not be considered a Disqualified Institution, whether or not they would otherwise be considered a Disqualified Institution pursuant

to this Agreement.

SECTION 9.05. Survival.

All covenants, agreements, representations and warranties made by the Loan Parties in this Agreement and the other Loan Documents and

in the certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document shall

be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement and

the other Loan Documents and the making of any Loans and issuance of any Letters of Credit, regardless of any investigation made by any

such other party or on its behalf and notwithstanding that the Administrative Agent, the Arrangers, any Syndication Agent, any Documentation

Agent, any Issuing Bank, any Lender or any Affiliate of any of the foregoing may have had notice or knowledge of any Default or incorrect

representation or warranty at the time this Agreement or any other Loan Document is executed and delivered or any credit is extended

hereunder, and shall continue in full force and effect as long as the principal of or any accrued interest on any Loan or any fee or

any other amount payable under this Agreement is outstanding and unpaid or any LC Exposure is outstanding and so long as the Commitments

have not expired or terminated. Notwithstanding the foregoing or anything else to the contrary set forth in this Agreement or any other

Loan Document, in the event that, in connection with the refinancing or repayment in full of the credit facilities provided for herein,

an Issuing Bank shall have provided to the Administrative Agent a written consent to the release of the Revolving Lenders from their

obligations hereunder with respect to any Letter of Credit issued by such Issuing Bank (whether as a result of the obligations of the

Borrower (and any other account party) in respect of such Letter of Credit having been collateralized in full by a deposit of cash with

such Issuing Bank, or being supported by a letter of credit that names such Issuing Bank as the beneficiary thereunder,

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or otherwise),

then from and after such time such Letter of Credit shall cease to be a “Letter of Credit” outstanding hereunder for all

purposes of this Agreement and the other Loan Documents, and the Revolving Lenders shall be deemed to have no participations in such

Letter of Credit, and no obligations with respect thereto, under Section 2.05(d) or 2.05(e). The provisions of Sections 2.15,

2.16, 2.17, 2.18(e) and 9.03 and Article VIII shall survive and remain in full force and effect regardless of the consummation

of the transactions contemplated hereby, the repayment or prepayment of the Loans, the expiration or termination of the Letters of Credit

and the Commitments or the termination of this Agreement or any provision hereof.

SECTION 9.06. Counterparts;

Integration; Effectiveness. (a) This Agreement may be executed in counterparts (and by different parties hereto on different

counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This

Agreement, the other Loan Documents and any separate letter agreements with respect to fees payable to the Administrative Agent or the

syndication of the Loans and Commitments constitute the entire contract among the parties relating to the subject matter hereof and supersede

any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in Section 4.01,

this Agreement shall become effective when it shall have been executed by the Administrative Agent and the Administrative Agent shall

have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall

be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

(b) Delivery of an executed

counterpart of a signature page of (x) this Agreement, (y) any other Loan Document and/or (z) any document, amendment,

approval, consent, information, notice (including, for the avoidance of doubt, any notice delivered pursuant to Section 9.01), certificate,

request, statement, disclosure or authorization related to this Agreement, any other Loan Document and/or the transactions contemplated

hereby and/or thereby (each an “Ancillary Document”) that is an electronic signature transmitted by telecopy,

emailed pdf or any other electronic means that reproduces an image of an actual executed signature page shall be effective as delivery

of a manually executed counterpart of this Agreement, such other Loan Document or such Ancillary Document, as applicable. The words “execution,”

“signed,” “signature,” “delivery,” and words of like import in or relating to this Agreement, any

other Loan Document and/or any Ancillary Document shall be deemed to include electronic signatures, deliveries or the keeping of records

in any electronic form (including deliveries by telecopy, emailed pdf or any other electronic means that reproduces an image of an actual

executed signature page), 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, provided that nothing herein shall

require the Administrative Agent to accept electronic signatures in any form or format without its prior written consent and pursuant

to procedures approved by it; provided, further, without limiting the foregoing, (i) to the extent the Administrative Agent has

agreed to accept any electronic signature, the Administrative Agent and each of the Lenders shall be entitled to rely on such electronic

signature purportedly given by or on behalf of, the Borrower or any other Loan Party without further verification thereof and without

any obligation to review the appearance or form of any such electronic signature and (ii) upon the request of the Administrative

Agent or any Lender, any electronic signature shall be promptly followed by a manually executed counterpart. Without limiting the generality

of the foregoing, the Borrower and each Loan Party hereby (i) agrees that, for all purposes, including without limitation, in connection

with any workout, restructuring, enforcement of remedies, bankruptcy proceedings or litigation among the Administrative Agent, the Lenders,

the Borrower and the Loan Parties, electronic signatures transmitted by telecopy, emailed pdf. or any other electronic means that reproduces

an image of

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an actual executed signature page and/or any electronic images of this Agreement, any other Loan Document and/or any

Ancillary Document shall have the same legal effect, validity and enforceability as any paper original, (ii) the Administrative

Agent and each of the Lenders may, at its option, create one or more copies of this Agreement, any other Loan Document and/or any Ancillary

Document in the form of an imaged electronic record in any format, which shall be deemed created in the ordinary course of such Person’s

business, and destroy the original paper document (and all such electronic records shall be considered an original for all purposes and

shall have the same legal effect, validity and enforceability as a paper record), (iii) waives any argument, defense or right to

contest the legal effect, validity or enforceability of this Agreement, any other Loan Document and/or any Ancillary Document based solely

on the lack of paper original copies of this Agreement, such other Loan Document and/or such Ancillary Document, respectively, including

with respect to any signature pages thereto and (iv) waives any claim against any Lender-Related Person for any losses, claims,

damages and liabilities arising solely from the Administrative Agent’s and/or any Lender’s reliance on or use of electronic

signatures and/or transmissions by telecopy, emailed pdf or any other electronic means that reproduces an image of an actual executed

signature page, including any such losses, claims, damages and liabilities arising as a result of the failure of the Borrower and/or

any Loan Party to use any available security measures in connection with the execution, delivery or transmission of any electronic signature.

SECTION 9.07. Severability.

Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective

to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining

provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any

other jurisdiction.

SECTION 9.08. Right

of Setoff. If an Event of Default shall have occurred and be continuing, each Lender and each Issuing Bank is hereby authorized at

any time and from time to time, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general

or special, time or demand, provisional or final, in whatever currency) or other amounts at any time held and other obligations (in whatever

currency) at any time owing by such Lender or such Issuing Bank to or for the credit or the account of the Borrower against any of and

all the obligations then due of the Borrower now or hereafter existing under this Agreement held by such Lender or such Issuing Bank,

irrespective of whether or not such Lender or such Issuing Bank shall have made any demand under this Agreement and although such obligations

of the Borrower are owed to a branch or office of such Lender or such Issuing Bank different from the branch or office holding such deposit

or obligated on such Indebtedness. Each Lender and each Issuing Bank agrees to notify the Borrower and the Administrative Agent promptly

after any such setoff and application; provided that the failure to give or any delay in giving such notice shall not affect the

validity of any such setoff and application under this Section. The rights of each Lender and each Issuing Bank under this Section are

in addition to other rights and remedies (including other rights of setoff) that such Lender or such Issuing Bank may have.

SECTION 9.09. Governing Law; Jurisdiction; Consent

to Service of Process. (a) This Agreement and any claim, controversy, dispute or cause of action (whether in contract or tort

or otherwise and whether at law or in equity) based upon, arising out of or relating to this Agreement and the transactions contemplated

hereby shall be governed by, and construed in accordance with, the law of the State of New York.

(b) The Borrower irrevocably

and unconditionally agrees that it will not, and will not permit any controlled Subsidiary to, commence any action, litigation or proceeding

181

any kind or description, whether in law or equity, whether in contract or in tort or otherwise, against the Administrative Agent,

any Lender, any Issuing Bank or any Related Party of any of the foregoing in any way relating to this Agreement or any other Loan Document

or the transactions relating hereto or thereto, in any forum other than the courts of the State of New York sitting in New York County

and of the United States District Court of the Southern District of New York sitting in New York County, and any appellate court from

any thereof, and each of the parties hereto irrevocably and unconditionally submits, for itself and its property, to the jurisdiction

of such courts and agrees that all claims in respect of any action, litigation or proceeding shall be heard and determined in such New

York State court or, to the fullest extent permitted by applicable law, in such Federal court. Each party hereto agrees that a final

judgment in any such action, litigation or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment

or in any other manner provided by law. Nothing in this Agreement shall affect any right that the Administrative Agent, any Lender or

any Issuing Bank may otherwise have to bring any action, litigation or proceeding relating to this Agreement or any other Loan Document

against any Loan Party or any of its properties in the courts of any jurisdiction.

irrevocably and unconditionally waives, to the fullest extent permitted by applicable law, any objection that it may now or hereafter

have to the laying of venue of any action, litigation or proceeding arising out of or relating to this Agreement or any other Loan Document

in any court referred to in paragraph (b) of this Section. Each of the parties hereto hereby irrevocably waives, to the fullest extent

permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.

(d) Each party to this

Agreement irrevocably consents to service of process in the manner provided for notices in Section 9.01. Nothing in this Agreement

or any other Loan Document will affect the right of any party to this Agreement to serve process in any other manner permitted by law.

SECTION 9.10. WAIVER

OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE

TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT

OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY AND WHETHER AT LAW OR IN EQUITY).

EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE,

THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT

IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE

MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

SECTION 9.11. Headings.

Article and Section headings and the Table of Contents used herein are for convenience of reference only, are not part of this

Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement.

SECTION 9.12. Confidentiality.

Each of the Administrative Agent, the Lenders and the Issuing Banks agrees to maintain the confidentiality of the Information (as defined

below), except that Information may be disclosed (a) to its Related Parties, including

182

accountants, legal counsel

and other agents and advisors, it being understood and agreed that the Persons to whom such disclosure is made will be informed of the

confidential nature of such Information and instructed to keep such Information confidential and any failure of such Persons acting on

behalf of the Administrative Agent, any Issuing Bank or the relevant Lender to comply with this Section 9.12 shall constitute a

breach of this Section 9.12 by the Administrative Agent, such Issuing Bank or the relevant Lender, as applicable, (b) to the

extent required or requested by any regulatory authority purporting to have jurisdiction over such Person or its Related Parties (including

any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by applicable

laws or regulations or by any subpoena or similar legal process (provided, that to the extent practicable and permitted by law,

the Borrower has been notified prior to such disclosure so that the Borrower may seek, at the Borrower’s sole expense, a protective

order or other appropriate remedy), (d) to any other party to this Agreement, (e) in connection with the exercise of any remedies

under this Agreement or any other Loan Document or any suit, action or proceeding relating to this Agreement or any other Loan Document

or the enforcement of rights hereunder or thereunder, provided that each Lender and the Administrative Agent shall use commercially

reasonable efforts to ensure that such Information is kept confidential in connection with the exercise of such remedies (f) subject

to an agreement containing confidentiality undertakings substantially similar to those of this Section, to (i) any assignee of or

Participant in, or any prospective assignee of or Participant in, any of its rights or obligations under this Agreement or (ii) any

actual or prospective counterparty (or its Related Parties) to any Hedging Agreement relating to the Borrower or any Subsidiary and its

obligations hereunder or under any other Loan Document or in connection with transactions under which payments are to be made by reference

to the Borrower and its obligations, this Agreement or payments hereunder, (g) on a confidential basis to (i) any rating agency

in connection with rating the Borrower or its Subsidiaries or the credit facilities provided for herein or (ii) the CUSIP Service

Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers with respect to the credit facilities provided

for herein, (h) with the consent of the Borrower, (i) to the extent such Information (i) becomes publicly available other

than as a result of a breach of this Section or (ii) becomes available to the Administrative Agent, any Lender or any Issuing

Bank or any Affiliate of any of the foregoing on a non- confidential basis from a source other than the Borrower or any Subsidiary, which

source is not known by the recipient of such information to be subject to a confidentiality obligation or (j) to a potential or

actual insurer or reinsurer in connection with providing insurance, reinsurance or credit risk mitigation coverage under which payments

are to be made or may be made by reference to this Agreement. For purposes of this Section, “Information” means all

information received from the Borrower or any Subsidiary relating to the Borrower or any Subsidiary or their businesses, other than any

such information that is available to the Administrative Agent, any Lender or any Issuing Bank on a nonconfidential basis prior to disclosure

by the Borrower. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered

to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of

such Information as such Person would accord to its own confidential information. In addition, the Administrative Agent, the Issuing

Banks and the Lenders may disclose the existence of this Agreement and information about this Agreement to market data collectors, similar

service providers to the lending industry and service providers to the Administrative Agent or any Issuing Bank or Lender in connection

with the administration of this Agreement, the other Loan Documents, and the Commitments.

For the avoidance of doubt, nothing in this Section 9.12

shall prohibit any Person from voluntarily disclosing or providing any Information within the scope of this confidentiality

183

provision

to any governmental, regulatory or self-regulatory organization (any such entity, a “Regulatory Authority”) to the

extent that any such prohibition on disclosure set forth in this Section 9.12 shall be prohibited by the laws or regulations applicable

to such Regulatory Authority.

SECTION 9.13. Interest

Rate Limitation. Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any Loan or participation

in any LC Disbursement, together with all fees, charges and other amounts that are treated as interest on such Loan or LC Disbursement

or participation therein under applicable law (collectively the “Charges”), shall exceed the maximum lawful rate (the

“Maximum Rate”) that may be contracted for, charged, taken, received or reserved by the Lender or Issuing Bank holding

such Loan or LC Disbursement or participation therein in accordance with applicable law, the rate of interest payable in respect of such

Loan hereunder, together with all Charges payable in respect thereof, shall be limited to the Maximum Rate and, to the extent lawful,

the interest and Charges that would have been payable in respect of such Loan or LC Disbursement or participation therein but were not

payable as a result of the operation of this Section shall be cumulated and the interest and Charges payable to such Lender or Issuing

Bank in respect of other Loans or LC Disbursements or participation therein or periods shall be increased (but not above the Maximum Rate

therefor) until such cumulated amount, together with interest thereon at the Federal Funds Effective Rate to the date of repayment, shall

have been received by such Lender or Issuing Bank.

SECTION 9.14. Release

of Liens and Guarantees. (a) Subject to the reinstatement provisions set forth in any applicable Security Document, a Loan Party

(other than the Borrower) shall automatically be released from its obligations under the Loan Documents, and all security interests created

by the Security Documents in Collateral owned by such Loan Party shall be automatically released, upon the consummation of any transaction

permitted by this Agreement as a result of which such Loan Party ceases to be a Restricted Subsidiary or becomes an Excluded Subsidiary;

provided that, if so required by this Agreement, the Required Lenders (or if applicable, the Lenders) shall have consented to such

transaction and the terms of such consent shall not have provided otherwise.

(b) Upon any sale or other

transfer by any Loan Party (other than to the Borrower or any other Loan Party) of any Collateral in a transaction permitted under this

Agreement, or upon the effectiveness of any written consent to the release of the security interest created under any Security Document

in any Collateral pursuant to Section 9.02, the security interests in such Collateral created by the Security Documents shall be

automatically released.

any Loan Party from its Guarantee (other than the Borrower) in compliance with this Agreement, the security interest in any Collateral

owned by such Loan Party created by the Security Documents shall be automatically released.

(d) Upon the

designation of a Restricted Subsidiary as an Unrestricted Subsidiary in compliance with this Agreement, the security interest

created by the Security Documents in the Equity Interests of such Unrestricted Subsidiary shall be automatically released. On the

date on which (1) all Obligations have been paid in full in cash (other than (v) Secured Hedging Obligations,

(w) Secured Cash Management Obligations, (x) Secured Supply Chain Financing Obligations, (y) Secured Additional

Letter of Credit Facility Obligations and (z) contingent indemnification obligations not yet accrued and payable), (2) all

Revolving Commitments have been terminated in full and (3) all Letters of Credit have expired or been terminated (other than

Letters of Credit that have been cash collateralized or backstopped in an

184

amount, by an institution and otherwise pursuant to

arrangements reasonably satisfactory to the applicable Issuing Bank), all obligations under the Loan Documents and all security

interests under the Security Documents shall be automatically released.

(e) In connection with

any termination or release pursuant to this Section 9.14, the Administrative Agent shall execute and deliver to any Loan Party, at

such Loan Party’s expense, all documents that such Loan Party shall reasonably request to file or register in any office, or to

evidence, such termination or release. Any execution and delivery of documents pursuant to this Section shall be without recourse

to or warranty by the Administrative Agent. Each of the Secured Parties irrevocably authorizes the Administrative Agent, at its option

and in its discretion, to effect the releases set forth in this Section. Notwithstanding anything to the contrary contained in this Agreement,

if any Subsidiary Guarantor ceases to be a wholly owned Subsidiary of the Borrower, the Guarantee of such Subsidiary Guarantor shall not

be released unless the transaction or transactions that caused such Subsidiary Guarantor to cease to be a wholly-owned Subsidiary of the

Borrower is a bona fide transaction (it being understood and agreed that a bona fide transaction is where such Restricted Subsidiary becomes

a bona fide joint venture where the other Person taking an Equity Interest in such Restricted Subsidiary is not an Affiliate of the Borrower

(other than as a result of such joint venture) with a Person that is not an Affiliate of the Loan Parties and which is otherwise permitted

under this Agreement, and not entered into for the primary purpose of releasing such Subsidiary Guarantor from the Guarantee under the

Loan Documents). After giving Pro Forma effect to the applicable release, the Borrower is deemed to have made a new Investment in such

Person on the date of such release (as if such Person were not a Loan Party) in an amount equal to the portion of the fair market value

(as determined in good faith by the Borrower) of the Borrower’s retained ownership interest in such Person and such Investment must

be otherwise permitted hereunder (and if such Investment would not be permitted hereunder, the release shall not be effective).

SECTION 9.15. USA PATRIOT

Act Notice. Each Lender, each Issuing Bank and the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies

each Loan Party that, pursuant to the requirements of the USA PATRIOT Act and the Beneficial Ownership Regulation, it is required to obtain,

verify and record information that identifies such Loan Party, which information includes the name and address of such Loan Party and

other information that will allow such Lender, such Issuing Bank or the Administrative Agent, as applicable, to identify such Loan Party

in accordance with the USA PATRIOT Act and the Beneficial Ownership Regulation, and each Loan Party agrees to provide such information

from time to time to such Lender, such Issuing Bank and the Administrative Agent, as applicable.

SECTION 9.16. No Fiduciary

Relationship. The Borrower, on behalf of itself and its subsidiaries, agrees that in connection with all aspects of the transactions

contemplated hereby and any communications in connection therewith, the Borrower, the Subsidiaries and their respective Affiliates, on

the one hand, and the Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents, the Lenders, the Issuing

Banks and their respective Affiliates, on the other hand, will have a business relationship that does not create, by implication or otherwise,

any fiduciary duty on the part of the Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents, the Lenders,

the Issuing Banks or their respective Affiliates, and no such duty will be deemed to have arisen in connection with any such transactions

or communications. The Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents, the Lenders, the Issuing

Banks and their respective Affiliates may be engaged, for their own accounts or the accounts of customers, in a broad range of transactions

that involve interests that differ from those of the Borrower, the Subsidiaries and their respective Affiliates, and none of the Administrative

Agent, the Arrangers, the Syndication

185

Agents, the Documentation Agents, the Lenders, the Issuing Banks or any of their respective Affiliates

has any obligation to disclose any of such interests to the Borrower, the Subsidiaries or any of their respective Affiliates. To the

fullest extent permitted by law, the Borrower hereby waives and releases any claims that it or any of its Affiliates may have against

the Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents, the Lenders, the Issuing Banks or any of their

respective Affiliates with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction

contemplated hereby.

SECTION 9.17. Non-Public

Information. (a) Each Lender acknowledges that all information, including requests for waivers and amendments, furnished by the

Borrower or the Administrative Agent pursuant to or in connection with, or in the course of administering, this Agreement will be syndicate-level

information, which may contain MNPI. Each Lender represents to the Borrower and the Administrative Agent that (i) it has developed

compliance procedures regarding the use of MNPI and that it will handle MNPI in accordance with such procedures and applicable law, including

Federal, State and foreign securities laws, and (ii) it has identified in its Administrative Questionnaire a credit contact who may

receive information that may contain MNPI in accordance with its compliance procedures and applicable law, including Federal, State and

foreign securities laws.

(b) the Borrower and each

Lender acknowledge that, if information furnished the Borrower pursuant to or in connection with this Agreement is being distributed by

the Administrative Agent through the Platform, (i) the Administrative Agent may post any information that the Borrower has indicated

as containing MNPI solely on that portion of the Platform as is designated for Lenders’ employees and representatives willing to

receive such MNPI (such employees and representatives, “Private-Siders”); and (ii) if the Borrower has not indicated

whether any information furnished by it pursuant to or in connection with this Agreement contains MNPI, the Administrative Agent reserves

the right to post such information solely on that portion of the Platform as is designated for Private-Siders. Each of The Borrower agrees

to clearly designate all information provided to the Administrative Agent by or on behalf of the Borrower that is suitable to be made

available to Lenders’ public-side employees and representatives who do not wish to receive MNPI (such employees and representatives,

“Public-Siders”), and the Administrative Agent shall be entitled to rely on any such designation by The Borrower without

liability or responsibility for the independent verification thereof.

SECTION 9.18. Acknowledgement

and Consent to Bail-In of Affected Financial Institutions. Notwithstanding anything to the contrary in any Loan Document or in any

other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Lender

or Issuing Bank that is an Affected Financial Institution arising under any Loan Document may be subject to the Write-Down and

Conversion Powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

(a) the application of

any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be payable

to it by any Lender or Issuing Bank party hereto that is an Affected Financial Institution; and

(b) the effects of any Bail-In Action on any such liability,

including, if applicable:

(i) a reduction in full or in part or cancellation

of any such liability;

186

(ii) a

conversion of all, or a portion of, such liability into shares or other instruments of ownership in such Affected Financial Institution,

its parent entity, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments

of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document;

(iii) the

variation of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of the applicable Resolution

Authority.

SECTION 9.19. Judgment

Currency. If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any other Loan

Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures

the Administrative Agent could purchase the first currency with such other currency on the Business Day preceding that on which final

judgment is given. The obligation of the Borrower in respect of any such sum due from it to the Administrative Agent or the Lenders hereunder

or under the other Loan Documents shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other

than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”),

be discharged only to the extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due

in the Judgment Currency, the Administrative Agent may in accordance with normal banking procedures purchase the Agreement Currency with

the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative

Agent from the Borrower in the Agreement Currency, the Borrower agree, as a separate obligation and notwithstanding any such judgment,

to indemnify the Administrative Agent or the Person to whom such obligation was owing against such loss. If the amount of the Agreement

Currency so purchased is greater than the sum originally due to the Administrative Agent in such currency, the Administrative Agent agrees

to return the amount of any excess to the Borrower (or to any other Person who may be entitled thereto under applicable law).

SECTION 9.20. Cashless

Settlement. Notwithstanding anything to the contrary contained in this Agreement, any Lender may exchange, continue or rollover all

or a portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms

of this Agreement, pursuant to a cashless settlement mechanism approved by the Borrower, the Administrative Agent and such Lender.

SECTION 9.21. Acknowledgement

Regarding Any Supported QFCs. To the extent that the Loan Documents provide support, through a guarantee or otherwise, for

Hedging Agreements or any other agreement or instrument that is a QFC (such support “QFC Credit Support” and each

such QFC a “Supported QFC”), the parties acknowledge and agree as follows with respect to the resolution power of

the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and

Consumer Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”)

in respect of such Supported QFC and QFC Credit Support (with the provision below applicable notwithstanding that the Loan Documents

and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other

state of the United States). In the event a Covered Entity that is party to a Supported QFC (each, a “Covered Party”)

becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC

Credit

187

Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property

securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer

would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest,

obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a Covered

Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights

under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such

Covered Party are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution

Regime if the Supported QFC and the Loan Documents were governed by the laws of the United States or a state of the United States. Without

limitation of the foregoing, it is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender

shall in no event affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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