<SEC-DOCUMENT>0000950103-25-006354.txt : 20250522
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ACCESSION NUMBER:		0000950103-25-006354
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		13
CONFORMED PERIOD OF REPORT:	20250522
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
FILED AS OF DATE:		20250522
DATE AS OF CHANGE:		20250522

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Bath & Body Works, Inc.
		CENTRAL INDEX KEY:			0000701985
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-RETAIL STORES, NEC [5990]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				311029810
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08344
		FILM NUMBER:		25978345

	BUSINESS ADDRESS:	
		STREET 1:		THREE LIMITED PKWY
		STREET 2:		P O BOX 16000
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43230
		BUSINESS PHONE:		6144157000

	MAIL ADDRESS:	
		STREET 1:		THREE LIMITED PARKWAY
		STREET 2:		P.O. BOX 16000
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43230

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	L Brands, Inc.
		DATE OF NAME CHANGE:	20130322

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIMITED BRANDS INC
		DATE OF NAME CHANGE:	20020613

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIMITED INC
		DATE OF NAME CHANGE:	19920703
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<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>UNITED STATES</b></p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Washington, D.C. 20549</p>

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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>PURSUANT TO SECTION 13 OR 15(d) OF </b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>THE SECURITIES EXCHANGE ACT OF 1934</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in charter)</p>

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<p style="border-top: black 0.75pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt">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:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.1pt 0pt 7pt">&#160;</p>

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<td style="width: 0in"/><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif"><span id="xdx_90C_edei--SolicitingMaterial_c20250522__20250522_ztqCi3ulpRY7"><ix:nonNumeric contextRef="AsOf2025-05-22" format="ixt:booleanfalse" id="Fact000022" name="dei:SolicitingMaterial">&#9744;</ix:nonNumeric></span></span></td><td>Soliciting material pursuant to Rule 14a-12 under the Exchange
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 7pt; text-indent: 0in">&#160;</p>

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the Exchange Act (17 CFR 240.14d-2(b))</td>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 7pt; text-indent: 0in">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 7pt; text-indent: 0in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Securities registered pursuant to Section 12(b) of the Act:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.1pt 0pt 7pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.1pt 0pt 7pt">Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.1pt 0pt 7pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 7pt">Emerging growth company <span style="font-family: Times New Roman, Times, Serif"><span id="xdx_90A_edei--EntityEmergingGrowthCompany_c20250522__20250522_zlebN4b76L2i"><ix:nonNumeric contextRef="AsOf2025-05-22" format="ixt:booleanfalse" id="Fact000028" name="dei:EntityEmergingGrowthCompany">&#9744;</ix:nonNumeric></span></span></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 26.55pt 0pt 7pt">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. <span style="font-family: Times New Roman, Times, Serif">&#9744;</span></p>
<p style="border-bottom: Black 1pt solid; margin: 0">&#160;</p>

<p style="border-bottom: Black 3pt solid; margin: 0pt; padding-top: 0pt; padding-bottom: 2pt"></p>

<p style="margin: 0">&#160;&#160;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Item 1.01. Entry into a Material
Definitive Agreement</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">On May 22, 2025, Bath &amp; Body Works entered
into an amendment and restatement of its senior secured asset-based revolving credit facility (the &#8220;ABL Facility&#8221;). Borrowings
under the ABL Facility will mature, and lending commitments thereunder will terminate, five years after the closing of the ABL Facility;
provided that in the event that (i) specified excess availability under the ABL Facility for each of the 60 days immediately preceding
and each of the 60 days succeeding the maturity date for a series of Bath &amp; Body Works senior notes with an outstanding principal
amount at such time exceeding $50 million (the &#8220;Subject Notes&#8221;) is less than $200 million (calculated on a pro forma basis
for the repayment of the Subject Notes) and (ii) the ratio of Consolidated EBITDAR to Consolidated Fixed Charges (as defined in the ABL
Facility) for the most recent period of four consecutive fiscal quarters is less than 1.10:1.00 (calculated on a pro forma basis for the
repayment of the Subject Notes), then the maturity date shall be the date that is 91 days prior to the scheduled maturity date of such
series of Senior Notes. The ABL Facility allows Bath &amp; Body Works to borrow and obtain letters of credit in U.S. dollars or Canadian
dollars in amounts available to be drawn from time to time equal to the lesser of (i) the borrowing base, which equals the sum of 95.0%
of eligible credit card receivables, 85.0% of eligible accounts receivable, 90.0% of the net orderly liquidation value of eligible inventory
(which increases to 92.5% of the net orderly liquidation value of eligible inventory for one period of 90 days during Bath &amp; Body
Works&#8217; high-season period), 50.0% of the net orderly liquidation value of eligible component inventory and 50% of eligible real
property (up to the lesser of (x) $150 million and (y) 25.0% of the borrowing base), subject, in each case, to customary eligibility criteria
and reserves established by the collateral agent under the ABL Facility from time to time, and (ii) the aggregate revolving credit commitments.
Interest on the loans under the ABL Facility will be calculated by reference to (x) SOFR or an alternative base rate and (y) in the case
of loans denominated in Canadian dollars, Canadian Overnight Repo Rate Average (&#8220;CORRA&#8221;) or a Canadian prime rate, plus an
interest rate margin based on average daily excess availability ranging from (i) in the case of SOFR and CORRA loans, 1.25% to 1.75% and
(ii) in the case of alternate base rate loans and Canadian base rate loans, 0.25% to 0.75%. Unused commitments under the ABL Facility
will accrue an unused commitment fee ranging from 0.25% to 0.30%.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Bath &amp; Body Works&#8217; obligations under
the ABL Facility (as well as any obligation of Bath &amp; Body Works or any ABL Guarantor (as defined below) in respect of hedging arrangements,
cash management arrangements, open account agreements (subject to a cap) and certain separate letters of credit (subject to a cap), in
each case, with any of the lenders thereunder or their respective affiliates) (collectively, the &#8220;ABL Obligations&#8221;) are guaranteed
(the &#8220;ABL Guarantees&#8221;) by Bath &amp; Body Works&#8217; existing and future domestic and Canadian wholly-owned material consolidated
subsidiaries, subject to customary exceptions (the &#8220;ABL Guarantors&#8221;). The ABL Obligations are secured by first priority liens
on, among other things, credit card receivables, accounts receivable, deposit accounts, inventory and, at Bath &amp; Body Works&#8217;
election, real property (collectively, the &#8220;ABL Priority Collateral&#8221;), and second-priority liens on substantially all other
assets of Bath &amp; Body Works and the ABL Guarantors, including intellectual property, but subject to customary exceptions (collectively,
the &#8220;Non-ABL Priority Collateral&#8221;). The ABL Guarantees and security interests in the assets of an ABL Guarantor may be released
where such ABL Guarantor ceases to be a consolidated subsidiary of Bath &amp; Body Works pursuant to a transaction permitted under the
ABL Facility.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The ABL Facility contains various covenants, including
those that restrict Bath &amp; Body Works&#8217; ability and the ability of its consolidated subsidiaries to incur certain indebtedness
or to grant certain liens on their respective property or assets. The ABL Facility includes a financial maintenance covenant that requires
Bath &amp; Body Works to maintain a 1.00:1.00 consolidated EBITDAR to consolidated fixed charges ratio that is tested during the continuation
of any specified event of default or any period (i) commencing on any day when specified excess availability is less than the greater
of (x) $70 million and (y) 10.0% of the maximum borrowing amount and (ii) ending after specified excess availability has been greater
than the amount set forth in clause (i) above for 3 consecutive calendar days.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The foregoing descriptions are summaries of the
material terms of these agreements and are not complete and are subject to, and qualified in their entirety by, the complete text of these
agreements which are filed with this Current Report on Form 8-K as Exhibits 10.1, each of which is incorporated by reference in this Item
1.01.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Item 2.03. Creation of a Direct Financial Obligation or an Obligation
under an Off-Balance Sheet Arrangement of a Registrant</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The information contained within Item 1.01 of
this Current Report on Form 8-K is incorporated herein by reference.</p>


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  <tr style="vertical-align: top">
    <td style="width: 13%"><span style="font-size: 10pt"><b><span style="text-decoration: underline">Exhibit No.</span></b></span></td>
    <td style="width: 87%"><span style="font-size: 10pt"><b><span style="text-decoration: underline">Description</span></b></span></td></tr>
  <tr style="vertical-align: top">
    <td><a href="dp229149_ex1001.htm"><span style="font-size: 10pt">10.1</span></a></td>
    <td style="font-size: 10pt"><a href="dp229149_ex1001.htm">Second Amended and Restated Revolving Credit Agreement by and among Bath &amp; Body Works, Inc. and JPMorgan Chase Bank, N.A., dated May 22, 2025</a></td></tr>
  <tr style="vertical-align: top">
    <td>104</td>
    <td style="font-size: 10pt"><p>Cover Page Interactive Data File (embedded within the Inline XBRL document)</p>
</td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <td style="width: 4%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 5%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 35%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%"><span style="font-size: 10pt">&#160;</span></td></tr>
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    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">BATH &amp; BODY WORKS, INC.</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p></td>
    <td><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr>
    <td><span style="font-size: 10pt">Date: May 22, 2025 </span></td>
    <td style="vertical-align: top"><span style="font-size: 10pt">By:&#160;&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1pt solid"><span style="font-size: 10pt">/s/ <span style="background-color: white">Eva Boratto</span></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="vertical-align: top"><span style="font-size: 10pt">Name:&#160;&#160;</span></td>
    <td><span style="font-size: 10pt; background-color: white">Eva Boratto</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td></tr>
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    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="vertical-align: top"><span style="font-size: 10pt">Title:&#160;&#160;</span></td>
    <td><span style="font-size: 10pt; background-color: white">Chief Financial Officer</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td></tr>
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<P STYLE="font: 10pt Times, Times New Roman, Serif; margin: 0pt 0 0pt 1.5in; text-align: right; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times, Times New Roman, Serif; margin: 0pt 0 0pt 1.5in; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>Exhibit
10.1</B></FONT></P>

<P STYLE="font: 10pt Times, Times New Roman, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times, Times New Roman, Serif; margin: 0pt 0 0pt 1.5in; text-align: right; text-indent: 0in"><B><I>Execution Version</I></B></P>

<P STYLE="font: 10pt Times, Times New Roman, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0in">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0in">AMENDMENT dated as
of May 22, 2025 (this &#8220;<U>Amendment</U>&#8221;), among BATH &amp; BODY WORKS, INC. (f/k/a L BRANDS, INC.), a Delaware corporation
(the &#8220;<U>Company</U>&#8221;), the other LOAN PARTIES party hereto, the LENDERS party hereto and JPMORGAN CHASE BANK, N.A., in its
capacity as (a) Administrative Agent (in such capacity, the &#8220;<U>Administrative Agent</U>&#8221;) under the Amended and Restated
Revolving Credit Agreement dated as of August 2, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Existing
Credit Agreement</U>&#8221;), among the Company, the Borrowing Subsidiaries party thereto, the Lenders party thereto and the Administrative
Agent and (b) Collateral Agent under the Loan Documents (in such capacity, the &#8220;<U>Collateral Agent</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS the Company has requested,
and the undersigned Lenders have agreed, upon the terms and subject to the conditions set forth herein, that the Existing Credit Agreement
be amended and restated as provided herein;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">WHEREAS, (a) each Lender holding a Revolving Commitment
or a Revolving Loan under the Existing Credit Agreement immediately prior to the consummation of the transactions specified in Section
3 hereof (each, an &#8220;<U>Existing Lender</U>&#8221;) that executes and delivers a signature page to this Amendment at or prior to
5:00 p.m., New York City time, on May 21, 2025 (the &#8220;<U>Delivery Time</U>&#8221;, and each such Existing Lender, a &#8220;<U>Consenting
Lender</U>&#8221;), will have agreed to the terms of this Amendment upon the effectiveness of this Amendment on the Second Restatement
Effective Date (as defined below), and (b) each Existing Lender that does not execute and deliver a signature page to this Amendment at
or prior to the Delivery Time (each such Existing Lender, a &#8220;<U>Non-Consenting Lender</U>&#8221;) will be deemed not to have agreed
to this Amendment and will be subject to the mandatory assignment provisions of Section 2.18(d) of the Existing Credit Agreement upon
the effectiveness of this Amendment on the Second Restatement Effective Date (it being understood that the interests, rights and obligations
of the Non-Consenting Lenders under the Loan Documents will be assumed by (i)&nbsp;certain Consenting Lenders and/or (ii)&nbsp;certain
financial institutions that are not Existing Lenders and that are party hereto (each such financial institution referred to in this clause
(ii), a &#8220;<U>New Lender</U>&#8221;), in each case in accordance with Sections 2.18(d) and 8.04 of the Existing Credit Agreement and
Section 3 hereof);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">NOW, THEREFORE, the Company,
the undersigned Lenders, the Administrative Agent and the Collateral Agent hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 1. <U>Rules of Interpretation.</U>
The rules of interpretation set forth in Section 1.03 of the Existing Credit Agreement are hereby incorporated by reference herein, <U>mutatis
mutandis</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><U>Second Restatement Effective Date.</U> &#8220;<U>Second
Restatement Effective Date</U>&#8221; means the date that the conditions set forth or referred to in Section 5 hereof shall be satisfied
or waived.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 2. <U>Concerning the Revolving Lenders,
the Revolving Commitments and the Revolving Loans under the Existing Credit Agreement.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(a) Subject to the terms and conditions
set forth herein, on the Second Restatement Effective Date but immediately prior to giving effect to the transactions and amendments specified
in Section 3 hereof, (i) each New Lender shall become, and each Consenting Lender shall continue to be, a &#8220;Revolving Lender&#8221;
and a &#8220;Lender&#8221; under the Existing Credit Agreement and (ii) each New Lender shall have, and each Consenting Lender shall continue
to have, all the rights and obligations of a &#8220;Revolving Lender&#8221; and a &#8220;Lender&#8221; holding a Revolving Commitment
or a Revolving Loan under the Existing Credit Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(b) Pursuant to Sections 2.18(d) and 8.04
of the Existing Credit Agreement, on the Second Restatement Effective Date but immediately prior to giving effect to the transactions
and amendments specified in Section 3 hereof, (i) each Non-Consenting Lender shall be deemed to have assigned, delegated and transferred
its Revolving Commitments and its Revolving Loans, as applicable, including any participations in Letters of Credit, and (ii) each Consenting
Lender that will be allocated an aggregate amount of the Revolving Commitments as of the Second Restatement Effective Date that is less
than the aggregate amount of Revolving Commitments of such Consenting Lender immediately prior to the Second Restatement Effective Date
(as disclosed to such Consenting Lender by the Administrative Agent prior to the date hereof) shall be deemed to have assigned, delegated
and transferred the portion of its Revolving Commitments in excess of such allocated amount (together with a proportionate principal amount
of the Revolving Loans and participations in Letters of Credit of such Consenting Lender), in each case together with all its interests,
rights (other than its existing rights to payments pursuant to Section 8.03 of the Existing Credit Agreement) and obligations under the
Loan Documents in respect thereof, to JPMorgan, as assignee, and, in the case of its Revolving Loans and participations in Letters of
Credit, at a purchase price equal to par (the &#8220;<U>Revolving Loan Purchase Price</U>&#8221;). Upon (A) payment to a Non-Consenting
Lender of (x) the Revolving Loan Purchase Price with respect to its Revolving Loans and participations in Letters of Credit so assigned,
delegated and transferred pursuant to this paragraph (b) (which shall be paid by JPMorgan) and (y) accrued and unpaid interest and fees
and other amounts owing under the Existing Credit Agreement, in each case with respect to the Revolving Commitments and Revolving Loans
through but excluding the Second Restatement Effective Date (which shall be paid by the Borrower), and (B) the satisfaction of the applicable
conditions set forth in Sections 2.18(d) and 8.04 of the Existing Credit Agreement (but without the requirement of any further action
on the part of such Non-Consenting Lender, the Borrower or the Administrative Agent), such Non-Consenting Lender shall cease to be a party
to the Existing Credit Agreement in its capacity as a Revolving Lender and a Lender (solely with respect to</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">Revolving Commitments and Revolving Loans and participations
in Letters of Credit).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(c) Subject to the terms and conditions
set forth herein, on the Second Restatement Effective Date but immediately prior to giving effect to the transactions and amendments specified
in Section 3 hereof, (i) to the extent any Consenting Lender will be allocated an aggregate amount of the Revolving Commitments as of
the Second Restatement Effective Date that is more than the aggregate amount of the Revolving Commitments of such Consenting Lender immediately
prior to the Second Restatement Effective Date (as disclosed to such Consenting Lender by the Administrative Agent prior to the date hereof),
each such Consenting Lender agrees to assume from JPMorgan the portion of such excess amount (together with a proportionate principal
amount of the Revolving Loans and participations in Letters of Credit (in the case of the Revolving Loans and participations in Letters
of Credit, at a purchase price equal to par)) such that, immediately after such assignment and assumption, such Consenting Lender holds
Revolving Commitments in an amount equal to the amount set forth opposite such Consenting Lender&#8217;s name on <U>Schedule 1.01</U>
hereto and (ii) each New Lender, if any, set forth on <U>Schedule 1.02</U> hereto agrees to assume from JPMorgan Revolving Commitments
in an aggregate amount equal to the amount set forth opposite such New Lender&#8217;s name on <U>Schedule 1.02</U> hereto (together with
a proportionate principal amount of the Revolving Loans and participations in Letters of Credit (in the case of the Revolving Loans and
participations in Letters of Credit, at a purchase price equal to par)).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(d) Each New Lender, if any, by delivering
its signature page to this Amendment on the Second Restatement Effective Date and assuming Revolving Commitments and Revolving Loans in
accordance with Section 2(c) hereof, shall be deemed to have acknowledged receipt of, and consented to and approved and agrees to be bound
by, the Existing Credit Agreement and each other Loan Document and each other document required to be approved by the Administrative Agent
or any Lender, as applicable, on the Second Restatement Effective Date (including the amendment of the Existing Credit Agreement contemplated
hereby).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(e) Each New Lender, if any, by delivering
its signature page to this Amendment on the Second Restatement Effective Date and assuming Revolving Commitments and Revolving Loans in
accordance with Section 2(c) hereof, hereby (x) represents and warrants that (i) it has full power and authority, and has taken all action
necessary, to execute and deliver this Amendment and to consummate the transactions contemplated hereby and to become a Lender under the
Existing Credit Agreement and the Restated Revolving Credit Agreement, (ii) from and after the Second Restatement Effective Date (until
such time as such New Lender ceases to be a Lender in accordance with the terms of the Restated Revolving Credit Agreement), it shall
be bound by the provisions of the Existing Credit Agreement, the Restated Revolving Credit Agreement and the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">other Loan Documents as a Lender and shall have the obligations
of a Lender thereunder, (iii) it is sophisticated with respect to decisions to acquire assets of the type represented by the Revolving
Commitments and Revolving Loans and either it, or the Person exercising discretion in making its decision to acquire the Revolving Commitments
and Revolving Loans, is experienced in acquiring assets of such type, (iv) it has, independently and without reliance upon the Administrative
Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision
to enter into this Amendment and to purchase its allocation of the Revolving Commitments and Revolving Loans, (v) it has delivered to
the Borrower and the Administrative Agent any tax documentation required to be delivered by such New Lender pursuant to the terms of the
Existing Credit Agreement and the Restated Revolving Credit Agreement, duly completed and executed by such New Lender, and (vi) it is
an Eligible Assignee, (y) appoints and authorizes the Administrative Agent to take such action on its behalf and to exercise such powers
under the Existing Credit Agreement, the Restated Revolving Credit Agreement and the other Loan Documents as are delegated to or otherwise
conferred upon the Administrative Agent by the terms thereof, together with such powers as are reasonably incidental thereto and (z) agrees
that it will perform in accordance with their respective terms all the obligations which by the terms of the Loan Documents are required
to be performed by it as a Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(f) The transactions described in this
Section 2 will be deemed to satisfy the requirements of Sections 2.18(d) and 8.04 of the Existing Credit Agreement in respect of the assignment
of the Revolving Commitments, Revolving Loans and participations in Letters of Credit so assigned, delegated and transferred pursuant
to this Section 3, and this Amendment will be deemed to be an Assignment and Assumption with respect to such assignments. By execution
of this Amendment, the Borrower hereby consents to the assignments contemplated by this Section 3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(g) This Amendment shall be deemed to
be the written consent of each of the Administrative Agent and each Issuing Bank required pursuant to clause (i) of the proviso to Section
2.18(d) of the Existing Credit Agreement with respect to the mandatory assignments contemplated herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 3. <U>Amendments</U>. Effective on the Second
Restatement Effective Date, and immediately after giving effect to the transactions contemplated by Section 2 hereof, the Existing Revolving
Credit Agreement is hereby amended and restated to read in its entirety as set forth in Exhibit A hereto (the &#8220;<U>Restated Revolving
Credit Agreement</U>&#8221;) and (ii) all the Schedules and Exhibits to the Existing Revolving Credit Agreement are hereby replaced in
their entirety with the Schedules and Exhibits attached to the Restated Revolving Credit Agreement. From and after the effectiveness of
the Restated Revolving Credit Agreement, the terms &#8220;Agreement&#8221;, &#8220;this Agreement&#8221;, &#8220;herein&#8221;, &#8220;hereinafter&#8221;,
&#8220;hereto&#8221;, &#8220;hereof&#8221; and words of similar import, as used in the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Restated Revolving Credit Agreement, shall, unless the context otherwise
requires, refer to the Restated Revolving Credit Agreement, and all references in the Restated Revolving Credit Agreement to &#8220;the
date hereof&#8221;, &#8220;the date of this Agreement&#8221; or other words or phrases of similar import shall refer to the date of this
Amendment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 4. <U>Representations
and Warranties.</U> The Company represents and warrants that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(a) This Amendment
has been duly authorized, executed and delivered by the Company and the Subsidiaries party hereto and constitutes a legal, valid and binding
obligation of the Company and the Subsidiaries party hereto, enforceable against the Company and the Subsidiaries party hereto in accordance
with its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting creditors&#8217; rights generally, concepts
of reasonableness and general principles of equity, regardless of whether considered in a proceeding in equity or at law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(b) As of the Second
Restatement Effective Date, the representations and warranties of the Loan Parties set forth in the Restated Revolving Credit Agreement
and the other Loan Documents in effect on the date hereof are true and correct (i) in the case of representations and warranties that
are qualified by materiality, in all respects and (ii) otherwise, in all material respects, on and as of the Second Restatement Effective
Date, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations
and warranties are true and correct (i) in the case of representations and warranties that are qualified by materiality, in all respects
and (ii) otherwise, in all material respects, as of such specified earlier date).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(c) As of the Second
Restatement Effective Date, no Default under the Restated Revolving Credit Agreement has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 5. <U>Conditions.</U>
The consummation of the transactions set forth in Section 3 of this Amendment shall be subject to the satisfaction (or waiver by the Administrative
Agent and the Consenting Lenders) of the following conditions precedent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(a) The Administrative
Agent (or its counsel) shall have received from each Loan Party and each Consenting Lender (which Consenting Lenders shall, after giving
effect to the transactions contemplated by Section 2 hereof, constitute all of the Lenders under the Existing Credit Agreement) either
(i) a counterpart of this Amendment signed on behalf of such party or (ii)&nbsp;written evidence satisfactory to the Administrative Agent
(which may include facsimile or other electronic transmission of a signed signature page of this Amendment) that such party has signed
a counterpart of this Amendment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(b) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(c) The Collateral
and Guarantee Requirement shall have been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(d) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(e) The Administrative
Agent shall have received a written opinion dated the Second Restatement Effective Date of (i) Davis Polk &amp; Wardwell LLP, New York
counsel for the Loan Parties, substantially in the form of Exhibit B hereto, (ii) Stewart McKelvey, Nova Scotia counsel for the Loan Parties,
substantially in the form of Exhibit C hereto, (iii) Morris, Nichols, Arsht &amp; Tunnell LLP, Delaware counsel for the Loan Parties,
substantially in the form of Exhibit D hereto and (iv) Osler, Hoskin &amp; Harcourt LLP, Canadian counsel for the Loan Parties, substantially
in the form of Exhibit E hereto, and in each case covering such other matters relating to the Loan Parties, this Amendment, the Restated
Revolving Credit Agreement, the Amended Collateral Agreements and the other Loan Documents in effect on the date hereof as the Administrative
Agent shall reasonably request. The Borrowers hereby request such counsel to deliver such opinion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(f) The Administrative
Agent shall have received such documents and certificates as the Administrative Agent or its counsel may reasonably request relating to
the organization, existence and good standing of the Loan Parties, the authorization by the Loan Parties of the transactions contemplated
hereby and any other legal matters relating to the Loan Parties or the transactions contemplated hereby, all in form and substance reasonably
satisfactory to the Administrative Agent and its counsel.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(g) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(h) The Administrative
Agent shall have received a certificate, dated the Second Restatement Effective Date and signed by the President, a Vice President, a
Director or a Financial Officer of the Company, confirming the representations and warranties set forth in Section&nbsp;4 of this Amendment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(i) The Administrative
Agent shall have received (i) all fees and other amounts due and payable on or prior to the Second Restatement Effective Date, including,
to the extent invoiced at least one Business Day prior to the Second Restatement Effective Date, reimbursement or payment of all out-of-pocket
expenses required to be reimbursed or paid by the Borrowers under any Loan Document and (ii) all accrued and unpaid interest, commitment
fees, participation fees and fronting fees under the Existing Revolving Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(j) (i) No later
than one Business Day prior to the Second Restatement Effective Date, the Administrative Agent shall have received all documentation and
other information reasonably requested by it or any Lender at</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify">least two Business Days prior to the
Second Restatement Effective Date to satisfy the requirements of bank regulatory authorities under applicable &#8220;know your customer&#8221;
and anti-money laundering rules and regulations, including the Patriot Act, and (ii) to the extent a Borrower qualifies as a &#8220;legal
entity&#8221; under the Beneficial Ownership Regulation, no later than one Business Day prior to the Second Restatement Effective Date,
any Lender that has requested at least two Business Days prior to the Second Restatement Effective Date a Beneficial Ownership Certification
in relation to the Borrowers shall have received such Beneficial Ownership Certification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(k) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(l) If immediately
after the effectiveness of the Restated Revolving Credit Agreement, the Aggregate Credit Exposure would exceed the Maximum Borrowing Amount,
the Company shall, on the Second Restatement Effective Date, prepay any such excess in accordance with Section 2.10(a) of the Restated
Revolving Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">The Administrative Agent shall
notify the Company and the Lenders of the Second Restatement Effective Date, and such notice shall be conclusive and binding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 6. <U>Loan Document.</U>
This Amendment shall constitute a &#8220;Loan Document&#8221; for all purposes of the Restated Revolving Credit Agreement and the other
Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 7. <U>Fees.</U> The
Company agrees to pay to the Administrative Agent, for the account of each Consenting Lender, a fee in an amount previously agreed between
the Company and the Administrative Agent. Such fee shall be due and payable on the Second Restatement Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 8. <U>Expenses.</U>
The Company agrees to reimburse each of the Administrative Agent and the Collateral Agent for the reasonable and documented out-of-pocket
expenses incurred by it in connection with the transactions contemplated hereby, including the reasonable and documented fees, charges
and disbursements of Cravath, Swaine&nbsp;&amp; Moore LLP, counsel for the Administrative Agent and the Collateral Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 9. <U>Reaffirmation
by Loan Parties.</U> Each of the Loan Parties, as debtor, grantor, pledgor, guarantor, assignor, or in any other similar capacity in which
such Loan Party grants liens or security interests in its property or acts as a guarantor, hereby (a) ratifies and reaffirms all of its
payment and performance obligations, contingent or otherwise, under each of the Loan Documents to which it is a party (after giving effect
hereto) and (b) to the extent such Loan Party granted liens on or security interests in any of its property pursuant to any such Loan
Document as security for, or guaranteed, the Obligations under the Loan Documents, ratifies and reaffirms such grant of security interests
and liens and such guarantee and confirms and agrees that such security interests and liens hereafter secure all of the Obligations as
amended hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 10. Counterparts;
Amendments. This Amendment may not be amended nor may any provision hereof be waived except pursuant to a writing signed by the Loan
Parties, the Administrative Agent, the Collateral Agent and the Consenting Lenders. This Amendment may be executed in two or more
counterparts, each of which shall constitute an original but all of which when taken together shall constitute a single contract.
Delivery of an executed counterpart of a signature page of this Amendment by telecopy or electronic transmission shall be effective
as delivery of a manually executed counterpart of this Amendment. The words &#8220;execution&#8221;, &#8220;signed&#8221;,
&#8220;signature&#8221;, &#8220;delivery&#8221; 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 fax, 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, 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 11. <U>Notices.</U>
All notices hereunder shall be given in accordance with the provisions of Section&nbsp;8.01 of the Restated Revolving Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>SECTION 12. </B><U>Applicable
Law.</U> THIS AMENDMENT AND ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION BASED UPON, ARISING OUT OF OR RELATING TO THIS AMENDMENT
SHALL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY, THE LAW OF THE STATE OF NEW YORK.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>SECTION 13. </B><U>Incorporation
by Reference.</U> The provisions of Sections 8.09(b), 8.09(c), 8.09(d) and 8.10 of the Restated Revolving Credit Agreement are hereby
incorporated by reference, <I>mutatis mutandis</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION 14. <U>Headings.</U>
The Section headings used herein are for convenience of reference only, are not part of this Amendment and are not to affect the construction
of, or to be taken into consideration in interpreting, this Amendment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[<I>Signature Pages Follow</I>]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, the parties
hereto have caused this Amendment to be duly executed by their respective authorized officers as of the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times, Times New Roman, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

<P STYLE="font: 10pt Times, Times New Roman, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 12pt; text-transform: uppercase">&nbsp;</TD>
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase">BATH &amp; BODY WORKS, INC.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase">BATH &amp; BODY WORKS (CANADA) CORP.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase">BATH &amp; BODY WORKS BRAND MANAGEMENT,
INC.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase">BATH &amp; BODY WORKS DIRECT, INC.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase">BATH &amp; BODY WORKS, LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase">BEAUTY SPECIALTY HOLDING, LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase">BEAUTYAVENUES, LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase">L BRANDS SERVICE COMPANY, LLC</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 12pt; text-transform: uppercase">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 12pt; text-transform: uppercase">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0pt">by</P></TD>
    <TD COLSPAN="2" STYLE="padding-left: 0pt; text-indent: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in"></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-left: 0pt; text-indent: 0pt"><FONT STYLE="font-size: 10pt">/s/ Timothy J. Faber</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt; width: 50%; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; width: 4%; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; width: 5%; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Name:&#9; </FONT></TD>
    <TD STYLE="padding-left: 0pt; width: 41%; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Timothy J. Faber</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="padding-left: 0pt; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Director</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times, Times New Roman, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature Page to Amendment]</I></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt; text-transform: uppercase; text-indent: 0pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-left: 0pt; text-transform: uppercase; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><BR STYLE="clear: both">
</FONT><FONT STYLE="font-size: 10pt">JPMORGAN CHASE BANK, N.A., <BR>
<FONT STYLE="text-transform: none">individually and as Administrative Agent and Collateral Agent,</FONT></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt; text-transform: uppercase; text-indent: 0pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-left: 0pt; text-transform: uppercase; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; text-align: right; text-indent: 0pt"><FONT STYLE="font-size: 10pt">by</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-left: 0pt; text-indent: 0pt"><FONT STYLE="font-size: 10pt">/s/ Sean Bodkin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt; width: 50%; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; width: 4%; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; width: 5%; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Name:&#9;</FONT></TD>
    <TD STYLE="padding-left: 0pt; width: 41%; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Sean Bodkin</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding-left: 0pt; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Title:&#9;</FONT></TD>
    <TD STYLE="padding-left: 0pt; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Executive Director</FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature Page to Amendment]</I></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>







<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Bank of America, N.A.</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Geoffrey V. Reisbeck</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">Name: Geoffrey V. Reisbeck</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">&nbsp;</P></TD></TR>
  </TABLE>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature Page to Amendment]</I></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>BANK OF AMERICA, N.A. (acting through its</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Canada branch),as Lender</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Tanu Malik</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">Name: Tanu Malik<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">&nbsp;</P></TD></TR>
  </TABLE>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature Page to Amendment]</I></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>BARCLAYS BANK PLC</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt"></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Ritam Bhalla</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Name: Ritam Bhalla<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD></TR>
  </TABLE>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature Page to Amendment]</I></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Citibank, N.A., as Lender and Issuing Bank</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Frank Nicoletta</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">Name: Frank Nicoletta<BR>
    Title: Authorized Signatory</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">&nbsp;</P></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature Page to Amendment]</I></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>GOLDMAN SACHS BANK USA</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Ananda DeRoche</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">Name: Ananda DeRoche<BR>
    Title: Authorized Signatory</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">&nbsp;</P></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature Page to Amendment]</I></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>HSBC Bank USA, N.A.</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Sandra Centa</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">Name: Sandra Centa<BR>
    Title: SVP</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">&nbsp;</P></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature Page to Amendment]</I></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>MIZUHO BANK, LTD.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Tracy Rahn</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">Name: Tracy Rahn<BR>
    Title: Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">&nbsp;</P></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature Page to Amendment]</I></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>The Huntington Bank</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Patricia Scudder</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt"><FONT STYLE="font-size: 10pt">Name: Patricia Scudder<BR>
    Title: </FONT>ABL Retail Relationship Manager/VP <FONT STYLE="font-size: 10pt">lnternal</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">&nbsp;</P></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>KeyBank National Association</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Linda Skinner</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">Name: Linda Skinner<BR>
    Title: SVP</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">&nbsp;</P></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>The Bank of Nova Scotia</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Paul Stein</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Name: Paul Stein<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">SIGNATURE PAGE TO AMENDMENT DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THE AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT DATED AS OF APRIL&nbsp;30, 2020 AMONG BATH &amp; BODY WORKS, INC., THE BORROWING
SUBSIDIARIES PARTY THERETO, THE LENDERS PARTY THERETO AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 50%">Name of Lender (with each Lender that is also an Issuing Bank
executing both in its capacity as a Lender and as an Issuing Bank):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>U.S. BANK NATIONAL ASSOCIATION</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20pt; font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By: /s/ Caitlin Bodzenski</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">Name: Caitlin Bodzenski<BR>
    Title: Authorized Signatory</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6pt">&nbsp;</P></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: center; text-indent: -1.5in"><U>EXHIBIT A</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: center; text-indent: -1.5in">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><I>Execution Version</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border-top: Black 1.5pt double; border-bottom: Black 1.5pt double">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECOND AMENDED AND RESTATED</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">REVOLVING CREDIT AGREEMENT</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">dated as of May 22, 2025,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Amending and Restating the</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Amended and Restated Revolving Credit Agreement</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">dated as of August 2, 2021,<BR>
<BR>
among</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BATH &amp; BODY WORKS, INC. (f/k/a L BRANDS,
INC.),</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The Borrowing Subsidiaries Party Hereto,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The Lenders Party Hereto</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Administrative Agent and Collateral Agent</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">______________________________________________</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A., BANK OF AMERICA,
N.A., BARCLAYS BANK PLC, CITIBANK, N.A., GOLDMAN SACHS BANK USA, HSBC BANK USA, NA, MIZUHO BANK, LTD., and THE HUNTINGTON NATIONAL BANK,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Joint Lead Arrangers and Joint Bookrunners</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BANK OF AMERICA, N.A., BARCLAYS BANK PLC,
CITIBANK, N.A., GOLDMAN SACHS BANK USA, HSBC BANK USA, NA, MIZUHO BANK, LTD., and THE HUNTINGTON NATIONAL BANK,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Co-Syndication Agents</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">KEYBANK NATIONAL ASSOCIATION, THE BANK OF
NOVA SCOTIA AND U.S. BANK NATIONAL ASSOCIATION,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Co-Documentation Agents</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><U>Page</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE I</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="vertical-align: middle">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle">DEFINITIONS</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 13%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 1.01.</FONT></TD>
    <TD STYLE="width: 73%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Defined Terms</FONT></TD>
    <TD STYLE="text-align: right; width: 14%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 1.02.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Classification of Loans and Borrowings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">55</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 1.03.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terms Generally</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">55</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 1.04.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounting Terms; GAAP</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">56</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 1.05.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exchange Rates</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">57</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 1.06.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Letter of Credit Amounts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 1.07.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Divisions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 1.08.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest Rates; Benchmark Notification</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE II</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THE CREDITS</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.01.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commitments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">59</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.02.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Loans and Borrowings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">59</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.03.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Requests for Borrowings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">60</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.04.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Protective Advances</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">61</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.05.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Letters of Credit</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">62</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.06.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Funding of Borrowings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">68</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.07.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest Elections</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">69</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.08.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Termination, Reduction and Increase of Commitments; Incremental Revolving Commitments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">70</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.09.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Repayment&nbsp;of Loans; Evidence of Indebtedness</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">73</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.10.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prepayment of Loans</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">74</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.11.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fees</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">75</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.12.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">76</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.13.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Alternate Rate of Interest</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">78</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.14.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increased Costs</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">81</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.15.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Break Funding Payments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">82</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.16.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">82</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.17.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payments Generally; Pro Rata Treatment; Sharing of Set-offs</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">86</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.18.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mitigation Obligations; Replacement of Lenders</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">88</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.19.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Defaulting Lenders</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.20.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Additional Borrowers; Borrowing Subsidiary Terminations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">91</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 2.21.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Canadian Borrower Costs</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">91</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE III</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; width: 13%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 73%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 14%">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">REPRESENTATIONS AND WARRANTIES</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.01.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Corporate Existence and Power</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">92</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.02.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Corporate and Governmental Authorization; No Contravention</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">92</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.03.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Binding Effect</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">93</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.04.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial Information</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">93</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.05.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Litigation and Environmental Matters</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">93</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.06.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Anti-Corruption Laws and Sanctions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">94</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.07.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subsidiaries</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">94</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.08.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not an Investment Company</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">94</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.09.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ERISA</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">94</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.10.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">95</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.11.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Disclosure</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">96</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 3.12.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit Card Agreements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">96</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE IV</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CONDITIONS</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 4.01.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intentionally Omitted</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">96</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 4.02.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Credit Event</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">96</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE V</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">COVENANTS</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.01.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">97</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.02.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maintenance of Properties</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.03.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maintenance of Insurance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.04.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preservation of Corporate Existence</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.05.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inspection of Property, Books and Records</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">101</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.06.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed Charge Coverage Ratio</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">101</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.07.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Reserved.]</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">101</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.08.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Limitation on Liens</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">101</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.09.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compliance with Laws</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">102</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.10.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Limitations on Indebtedness</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">103</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.11.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transactions with Affiliates</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.12.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consolidations, Mergers</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">105</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.13.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales of Assets</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">105</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.14.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Use of Proceeds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">107</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.15.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information Regarding Collateral; Deposit and Securities Accounts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">107</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.16.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Collateral and Guarantee Requirement</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">108</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.17.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">108</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 13%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.18.</FONT></TD>
    <TD STYLE="width: 73%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Restricted Payments</FONT></TD>
    <TD STYLE="text-align: right; width: 14%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">109</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.19.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Restrictive Agreements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">110</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.20.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit Ratings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">110</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.21.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prepayment Avoidance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">110</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.22.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Control Agreements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">111</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.23.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Field Examinations and Appraisals</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">111</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.24.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit Card Agreements and Notifications</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">111</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 5.25.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Canadian Defined Benefit Pension Plan</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">112</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE VI</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EVENTS OF DEFAULT AND REMEDIES</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 6.01.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Events of Default</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">112</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 6.02.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Remedies</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">114</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 6.03.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notice of Default</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">115</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE VII</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THE AGENTS</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 7.01.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Agents</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">115</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 7.02.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain ERISA Matters</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">119</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 7.03.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Erroneous Payments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">120</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE VIII</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MISCELLANEOUS</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: middle">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.01.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notices</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">121</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.02.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Waivers; Amendments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">123</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.02A.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain ABL Amendments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">124</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.03.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Expenses; Indemnity; Damage Waiver</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">125</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.04.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Successors and Assigns</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">126</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.05.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Survival</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">130</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.06.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Counterparts; Integration; Effectiveness; Electronic Execution</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">130</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.07.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Severability</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">131</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.08.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Right of Setoff</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">131</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.09.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Governing Law; Jurisdiction; Consent to Service of Process</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">131</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.10.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WAIVER OF JURY TRIAL</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">132</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.11.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Headings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">132</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.12.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Confidentiality</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">132</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.13.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest Rate Limitation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">133</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.14.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Collateral</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">133</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.15.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">USA Patriot Act and Beneficial Ownership Regulation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">133</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.16.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Canadian Anti-Money Laundering Legislation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">134</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.17.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Continuing Obligations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">134</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 13%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.18.</FONT></TD>
    <TD STYLE="width: 73%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Judgment Currency</FONT></TD>
    <TD STYLE="text-align: right; width: 14%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">135</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.19.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intercreditor Agreement</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">135</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.20.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acknowledgement and Consent to Bail-In of Affected Financial Institutions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">137</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.21.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acknowledgement Regarding Any Supported QFCs</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">137</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.22.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MIRE Events</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">138</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.23.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Release</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">138</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION 8.24.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Advisory or Fiduciary Responsibility</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">140</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase"><U>SCHEDULES</U>:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule 1.01(a) &#8211; Unrestricted Subsidiaries</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule 2.01 &#8211; Commitments</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule 3.05 &#8211; Disclosed Matters</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule 3.07 &#8211; Consolidated Domestic and Canadian Subsidiaries</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule 3.12 &#8211; Credit Card Agreements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule 5.08 &#8211; Existing Liens</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule 5.10 &#8211; Existing Indebtedness</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule 5.19 &#8211; Restrictive Agreements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase"><U>EXHIBITS</U>:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">Exhibit A &#8211; Form of Assignment
and Assumption</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">Exhibit B-1 &#8211; Form of Additional
Borrower Agreement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">Exhibit B-2 &#8211; Form of Borrowing
Subsidiary Termination</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">Exhibit C &#8211; Form of Borrowing
Base Certificate</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT
(the &#8220;<U>Agreement</U>&#8221;) dated as of May 22, 2025, among BATH &amp; BODY WORKS, INC. (f/k/a L BRANDS, INC.), a Delaware corporation,
the BORROWING SUBSIDIARIES party hereto, the LENDERS party hereto and JPMORGAN CHASE BANK, N.A., as Administrative Agent and Collateral
Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Reference is made to the Amendment (the &#8220;<U>Amendment</U>&#8221;)
dated as of May 22, 2025, relating to the Amended and Restated Revolving Credit Agreement dated as of August 2, 2021 (the &#8220;<U>Existing
Credit Agreement</U>&#8221;), among BATH &amp; BODY WORKS, INC., the borrowing subsidiaries party thereto, the lenders party thereto and
JPMorgan Chase Bank, N.A., as Administrative Agent. Pursuant to the Amendment, the Existing Credit Agreement is being amended and restated
in the form hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The parties hereto agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 15.<BR>
<BR>
Definitions</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(a) <U>Defined Terms.</U> As used in this
Agreement, the following terms have the meanings specified below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8220;<U>ABL Collection Account</U>&#8221;
has the meaning assigned to such term in the Collateral Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8220;<U>ABL Priority Collateral</U>&#8221;
means, at any time, any and all of the following that constitute Collateral, whether now owned or hereafter acquired and wherever located:
(a) all Accounts (other than (x) Accounts arising under agreements for sale of Non-ABL Priority Collateral described in clauses (a) through
(h) of the definition of such term to the extent constituting identifiable Proceeds of such Non-ABL Priority Collateral and (y) Accounts
pledged in support of Specified Receivables Facilities), (b) all Payment Intangibles, including all corporate and other tax refunds and
all Credit Card Receivables and all other rights to payment arising therefrom in a credit-card, debit-card, prepaid-card or other payment-card
transaction (other than any Payment Intangibles constituting identifiable Proceeds of Non-ABL Priority Collateral described in clauses
(a) through (f) and (h) of the definition of such term); (c) all Inventory; (d) all Deposit Accounts and Securities Accounts (including
the ABL Collection Account and the Concentration Account) and all cash, cash equivalents and other assets contained in, or credited to,
and all Securities Entitlements arising from, any such Deposit Accounts or Securities Accounts (in each case, other than any identifiable
Proceeds of Non-ABL Priority Collateral described in clauses (a) through (h) of the definition of such term); (e) for so long as Eligible
Real Property is included in the Borrowing Base, all real property, related appurtenant rights and Fixtures and interests therein (including
both fee and leasehold interests) located in the United States of America; (f) all rights to business interruption insurance and all rights
to credit insurance with respect to any Accounts (in each case, regardless of whether the Collateral Agent is a loss payee thereof); (g)
solely to the extent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">evidencing, governing, securing or otherwise relating
to any of the items constituting ABL Priority Collateral under clauses (a) through (e) above, (i) all General Intangibles (excluding Intellectual
Property, Indebtedness (or any evidence thereof) between or among the Company or any of the Subsidiaries Loan Parties and any Equity Interests,
but including all contract rights as against operators of storage facilities and as against other transporters of Inventory and all rights
as consignor or consignee, whether arising by contract, statute or otherwise), (ii)&nbsp;Instruments (including Promissory Notes), (iii)
Documents (including each warehouse receipt or bill of lading covering any Inventory), (iv) insurance policies (regardless of whether
the Collateral Agent is a loss payee thereof), (v) licenses from any Governmental Authority to sell or to manufacture any Inventory and
(vi)&nbsp;Chattel Paper; (h) all collateral and guarantees given by any other Person with respect to any of the foregoing, and all other
Supporting Obligations (including Letter-of-Credit Rights) with respect to any of the foregoing; (i) all books and Records to the extent
relating to any of the foregoing; and (j) all products and Proceeds of the foregoing. Notwithstanding the foregoing, the term &#8220;ABL
Priority Collateral&#8221; shall not include any assets referred to in clauses (a) through (h) of the definition of the term &#8220;Non-ABL
Priority Collateral&#8221;. Capitalized terms used in this definition but not defined herein have the meanings assigned to them in the
Collateral Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>ABR</U>&#8221;, when used in reference
to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, is bearing interest at a rate determined
by reference to the Alternate Base Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Account</U>&#8221; has the meaning specified
in the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Account Debtor</U>&#8221; means any Person
obligated on an Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Additional Borrower Agreement</U>&#8221;
has the meaning set forth in Section&nbsp;2.20.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Additional Borrowers</U>&#8221; means,
at any time, with respect to the Commitments, Loans and Letters of Credit of any Class, each of the wholly-owned Domestic Subsidiaries
or Canadian Subsidiaries that has been designated as an Additional Borrower in respect of such Class pursuant to Section 2.20 or an Incremental
Facility Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;Adjusted Daily Simple CORRA&#8221; means an
interest rate per annum equal to the Daily Simple CORRA; <U>provided</U> that if such rate as so determined would be less than zero, such
rate shall be deemed to be equal to zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Adjusted Daily Simple SOFR</U>&#8221; means
an interest rate per annum equal to (a) the Daily Simple SOFR plus (b) [reserved]; provided that if such rate as so determined would be
less than zero, such rate shall be deemed to be equal to zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Adjusted Term CORRA</U>&#8221; means, for
purposes of any calculation, the rate per annum equal to Term CORRA for such calculation; provided that if the Adjusted Term CORRA Rate
as so determined would be would be less than zero, such rate shall be deemed to be equal to zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Adjusted Term SOFR</U>&#8221; means, for
any Interest Period, an interest rate per annum equal to Term SOFR for such Interest Period; <U>provided</U> that if such rate as so determined
would be less than zero, such rate shall be deemed to be equal to zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Administrative Agent</U>&#8221; means JPMorgan
Chase Bank, N.A., in its capacity as administrative agent for the Lenders hereunder, and its Affiliates in such capacity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Administrative Questionnaire</U>&#8221;
means an Administrative Questionnaire in a form supplied by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Affected Financial Institution</U>&#8221;
means (a) any EEA Financial Institution or (b) any U.K. Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Affiliate</U>&#8221; means, with respect
to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or
is under common Control with the Person specified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Agents</U>&#8221; means the Administrative
Agent and the Collateral Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Aggregate Commitments</U>&#8221; means,
at any time, the sum of the Commitments of all the Lenders at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Aggregate Credit Exposure</U>&#8221; means,
at any time, the sum of the Credit Exposures of all the Lenders at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Alternate Base Rate</U>&#8221; 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 &frac12; of 1% per annum and (c) Adjusted Term SOFR for a one-month Interest Period as published two 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% per annum; <U>provided</U>, that for purposes of this definition, Adjusted Term SOFR 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 the 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 Adjusted Term SOFR shall be effective from and including the effective
date of such change in the Prime Rate, the NYFRB Rate or Adjusted Term SOFR, respectively. If the Alternate Base Rate is being used as
an alternate rate of interest pursuant to Section 2.13 (for the avoidance of doubt, only until the applicable Benchmark Replacement has
been determined pursuant to Section 2.13(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. Notwithstanding the foregoing, the Alternate Base Rate shall at no time be less than
1.00% per annum.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Anti-Corruption Laws</U>&#8221; means FCPA,
the U.K. Bribery Act 2010 and all other laws, rules and regulations of any jurisdiction concerning or relating to bribery,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">corruption or money laundering, in each case to the extent applicable
to the Company and its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Applicable Creditor</U>&#8221; has the
meaning set forth in Section 8.18(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Applicable Percentage</U>&#8221; means,
with respect to any Revolving Lender or any Lender of any other Class, the percentage of the total Revolving Commitments or total Commitments
of any other Class, as applicable, represented by such Lender&#8217;s Revolving Commitment or Commitment of any other Class. If the Revolving
Commitments or Commitments of any other Class have terminated or expired, the Applicable Percentages shall be determined based upon the
Revolving Commitments or Commitments of any other Class most recently in effect, giving effect to any assignments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Applicable Rate</U>&#8221; means, for any
day, with respect to any Term SOFR or Term CORRA Revolving Loan, ABR or Canadian Prime Rate Loan, with respect to any Protective Advance
or with respect to the participation fees payable hereunder in respect of Letters of Credit, as the case may be, the applicable rate per
annum set forth below under the caption &#8220;Term SOFR / Term CORRA Spread&#8221;, &#8220;ABR / Canadian Prime Rate Spread&#8221; or
&#8220;LC Participation Fee Rate&#8221;, as the case may be, based upon the Company&#8217;s Average Daily Excess Availability applicable
on such date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 25%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Average
Daily Excess Availability:</P></TD>
    <TD STYLE="vertical-align: bottom; width: 25%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Term SOFR
/ Term CORRA Spread</P></TD>
    <TD STYLE="vertical-align: top; width: 25%">
<DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 0.5pt solid">

    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ABR / Canadian Prime Rate Spread</P>
</DIV></TD>
    <TD STYLE="vertical-align: bottom; width: 25%">
<DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 0.5pt solid">

    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">LC Participation Fee Rate</P>
</DIV></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Category 1</U></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&gt; 66.7%</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1.25%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">0.25%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1.25%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Category 2</U></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>&lt;</U> 66.7% but <U>&gt;</U> 33.3%</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1.50%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">0.50%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1.50%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Category 3</U></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&lt; 33.3%</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1.75%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">0.75%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1.75%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Applicable Rate shall be determined based on
Average Daily Excess Availability for the most recently ended fiscal quarter of the Company as set forth in the table above. Each change
to the Applicable Rate shall be effective on the third Business Day after the first day of the first month immediately following the last
day of such fiscal quarter. Notwithstanding the foregoing provisions of this definition, the Applicable Rate shall be determined by reference
to Category 3 in the table above (a) if the Company shall fail to deliver any Borrowing Base Certificate by the time required under Section
5.01(a)(iii), for the period from and including the day following the date on which such Borrowing Base Certificate shall have been due
to and including the day on which such Borrowing Base Certificate shall have been delivered, and (b) at any other time that an Event of
Default has occurred and is continuing (unless such increase in the Applicable Rate is otherwise waived by the Required Lenders).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Approved Fund</U>&#8221; means any Person
(other than a natural person) that is engaged in making, purchasing, holding or investing in bank loans and similar extensions</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">of credit in the ordinary course of its business and that is administered
or managed by a Lender, an Affiliate of a Lender or an entity or an Affiliate of an entity that administers or manages a Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Assignment and Assumption</U>&#8221; means
an assignment and assumption entered into by a Lender and an Eligible Assignee (with the consent of any party whose consent is required
by Section&nbsp;8.04), and accepted by the Administrative Agent, in the form of Exhibit&nbsp;A or any other form approved by the Administrative
Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Availability Period</U>&#8221; means the
period from and including the Restatement Effective Date to but excluding the earlier of the Maturity Date and the date of termination
of the Commitments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Available Tenor</U>&#8221; means, as of
any date of determination and with respect to the then-current Benchmark for any currency, any tenor for such Benchmark (or component
thereof) or payment period for interest calculated with reference to such Benchmark (or component thereof), as applicable, that is or
may be used for determining the length of an Interest Period for any term rate or otherwise, for determining any frequency of making payments
of interest calculated 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 &#8220;Interest Period&#8221; pursuant to Section 2.13(f).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Average Daily Excess Availability</U>&#8221;
means, with respect to any fiscal quarter, (a)(i) the sum of Excess Availability for each day during such fiscal quarter, divided by (ii)
the number of days in such fiscal quarter, divided by (b)(i) the Aggregate Commitments in effect for each day during such fiscal quarter
divided by (ii) the number of days in such fiscal quarter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Average Utilization</U>&#8221; means, with
respect to any period, (a) the sum of Utilization for each day during such period divided by (b) the number of days in such period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Bail-In Action</U>&#8221; 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Bail-In Legislation</U>&#8221; 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).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Bankruptcy Code</U>&#8221; means title
11 of the United States Code, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Bankruptcy Event</U>&#8221; means, with
respect to any Person, that such Person has filed a petition or application seeking relief under any applicable Insolvency Law or similar
law of any jurisdiction, has become the subject of a voluntary or involuntary bankruptcy or insolvency proceeding, or has had a receiver,
interim receiver, receiver and manager, liquidator, sequestrator, conservator, trustee, administrator, custodian, assignee for the benefit
of creditors or similar Person charged with the reorganization or liquidation of its business appointed for it, or, 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>BBWC</U>&#8221; means Bath &amp; Body Works
(Canada) Corp., a Nova Scotia company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Benchmark</U>&#8221; means, initially,
with respect to any (i) Loans denominated in US Dollars, Term SOFR or (ii) Loans denominated in CAD, Term CORRA; <U>provided</U> that
if a Benchmark Transition Event and the related Benchmark Replacement Date have occurred with respect to the Adjusted Term SOFR or Term
CORRA or any other then-current Benchmark, as applicable, then &#8220;Benchmark&#8221; means the applicable Benchmark Replacement to the
extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.13(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Benchmark Replacement</U>&#8221; 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; <U>provided</U> that, in the case of any Loan denominated in any currency other than US Dollars
or CAD, &#8220;Benchmark Replacement&#8221; shall mean the alternative set forth in (3) below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in the case
of any Loan denominated in US Dollars, Adjusted Daily Simple SOFR;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in the case
of any Loan denominated in CAD, Adjusted Daily Simple CORRA; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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
currency at such time in the United States and (b) the related Benchmark Replacement Adjustment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">provided that, notwithstanding anything to the
contrary in this Agreement or in any other Loan Document, upon the occurrence of a Term CORRA Reelection Event, and the delivery of a
Term CORRA Notice, on the applicable Benchmark Replacement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date the &#8220;Benchmark Replacement&#8221; for Loans denominated
in Canadian Dollars shall revert to and shall be deemed to be the Adjusted Term CORRA Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If the Benchmark Replacement determined as set
forth 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Benchmark Replacement Adjustment</U>&#8221;
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 currency at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Benchmark Replacement Conforming Changes</U>&#8221;
means, with respect to any Benchmark Replacement and/or Adjusted Term SOFR, any technical, administrative or operational changes (including
changes to the definition of &#8220;Alternate Base Rate,&#8221; the definition of &#8220;Business Day,&#8221; the definition of &#8220;U.S.
Government Securities Business Day,&#8221; the definition of &#8220;Interest Period,&#8221; 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,
following consultation with the Company, may be appropriate to reflect the adoption and implementation of such Benchmark 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 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).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Benchmark Replacement Date</U>&#8221; means,
with respect to any Benchmark, the earliest to occur of the following events with respect to such then-current Benchmark:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in the case
of clause (1) or (2) of the definition of &#8220;Benchmark Transition Event,&#8221; 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)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">permanently or indefinitely ceases to provide all Available
Tenors of such Benchmark (or such component thereof);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in the case
of clause (3) of the definition of &#8220;Benchmark Transition Event,&#8221; 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; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">(3) in the case of a Term CORRA Reelection Event, the date
that is thirty days after the date a Term CORRA Notice (if any) is provided to the Lenders and the Borrower pursuant to Section 2.13(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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 &#8220;Benchmark Replacement Date&#8221;
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).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Benchmark Transition Event</U>&#8221; means,
with respect to any Benchmark, the occurrence of one or more of the following events with respect to such then-current Benchmark:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">(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 such Benchmark (or
such component thereof) or, if such Benchmark is a term rate, any Available Tenor of such Benchmark (or such component thereof);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">(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,
the NYFRB, the CME Term SOFR Administrator, the CORRA Administrator, the central bank for the currency applicable to such Benchmark, an
insolvency official with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">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 such Benchmark
(or such component thereof) or, if such Benchmark is a term rate, all Available Tenors of such Benchmark (or such component thereof) permanently
or indefinitely; <U>provided</U> that, at the time of such statement or publication, there is no successor administrator that will continue
to provide such Benchmark (or such component thereof) or, if such Benchmark is a term rate, any Available Tenor of such Benchmark (or
such component thereof); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">(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 such Benchmark (or such component thereof) or, if such Benchmark is a term rate, all Available Tenors of such Benchmark (or such
component thereof) are no longer, or as of a specified future date will no longer be, representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For the avoidance of doubt, a &#8220;Benchmark Transition Event&#8221;
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).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Benchmark Unavailability Period</U>&#8221;
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 2.13 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 2.13.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Beneficial Ownership Regulation</U>&#8221;
means 31 C.F.R. &sect; 1010.230.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Benefit Plan</U>&#8221; means (a) an &#8220;employee
benefit plan&#8221; (as defined in ERISA) that is subject to Title I of ERISA, (b) a &#8220;plan&#8221; as defined in Section 4975 of
the Code or (c)&nbsp;any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA
or Section 4975 of the Code) the assets of any such &#8220;employee benefit plan&#8221; or &#8220;plan&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>BHC Act Affiliate</U>&#8221; means, with
respect to any Person, an &#8220;affiliate&#8221; (as such term is defined under, and interpreted in accordance with, 12 U.S.C. &sect;
1841(k)) of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Board</U>&#8221; means the Board of Governors
of the Federal Reserve System of the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Borrowers</U>&#8221; means, with respect
to the Commitments, Loans and Letters of Credit of any Class, (i) the Company and (ii) the Borrowing Subsidiaries in respect of such Class.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Borrowing</U>&#8221; means (a) Loans of
the same Class, Type and currency made, converted or continued on the same date and, in the case of Term SOFR or Term CORRA Loans, as
to which a single Interest Period is in effect or (b) a Protective Advance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Borrowing Base</U>&#8221; means the sum
of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">95% of Eligible Credit Card Receivables at such time,
<U>plus</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">85% of Eligible Accounts at such time, <U>plus</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">up to (x) during any Seasonal Inventory Advance Period,
92.5% and (y) at all other times, 90%, of the Net Orderly Liquidation Value of Eligible Inventory at such time and (y) 50% of the Net
Orderly Liquidation Value of Eligible Component Inventory at such time, <U>plus</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">following receipt of the Required Real Property Documentation
and prior to receipt of a Real Property Exclusion Notice, 50% of the fair market value (as identified in the most recent Real Property
Appraisal) of Eligible Real Property at such time, <U>minus</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Reserves determined by the Collateral Agent in its
Permitted Discretion</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 22.5pt"><U>provided</U> (A) notwithstanding anything contained
herein to the contrary, as of any date of determination, the portion of the Borrowing Base attributable to Eligible Real Property shall
not exceed the lesser of (x) $150,000,000 and (y) 25% of the Borrowing Base and (B) from and after receipt by the Collateral Agent of
a Real Property Exclusion Notice, (I) the component set forth in clause (iv) shall be excluded from the calculation of the Borrowing Base
for so long as such Permitted Non-ABL Indebtedness remains outstanding and (II) the Collateral Agent shall adjust the Borrowing Base to
reflect such exclusion effective from and after the incurrence of such Permitted Non-ABL Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 22.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Collateral Agent may, in its Permitted Discretion,
establish or adjust Reserves, with any such changes to be effective three Business Days after delivery of written notice (which notice
shall include a reasonably detailed description of such Reserve being established or adjusted) thereof to the Company and the Lenders;
<U>provided</U> that during such three Business Day period (i)&nbsp;the Collateral Agent shall, if requested, discuss any such Reserve
or adjustment with the Company and (ii)&nbsp;the Company may take such action as may be required so that the event, condition or matter
that is the basis for such Reserve no longer exists or exists in a manner that would result in the establishment of a lower Reserve, in
each case in a manner and to the extent satisfactory to the Collateral Agent in its Permitted Discretion; <U>provided</U>, <U>further</U>,
that no such prior notice shall be required for (a) changes to any Reserves resulting solely by virtue of mathematical calculations of
the amount of the Reserves in accordance with the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">methodology of calculation previously utilized, or (b) changes to Reserves
or the establishment of additional Reserves if a Material Adverse Effect has occurred or it would be reasonably likely that a Material
Adverse Effect would occur were such Reserves not changed or established prior to the expiration of such three day period. Subject to
the immediately preceding sentence and the other provisions hereof expressly permitting the Collateral Agent to adjust the Borrowing Base
or any component thereof, the Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate
delivered to the Administrative Agent pursuant to Section&nbsp;5.01(a)(iii).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The parties hereto understand that eligibility criteria
and any Reserves that may be imposed as provided herein, any deductions or other adjustments to determine the face amount of Eligible
Accounts and factors considered in the calculation of Net Orderly Liquidation Value of Eligible Inventory have the effect of reducing
the Borrowing Base, and, accordingly, whether or not any provisions hereof so state, all the foregoing shall be determined without duplication
so as not to result in multiple reductions in the Borrowing Base for the same facts or circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">At the time of any disposition of a Loan Party, or
any disposition outside the ordinary course of business of, or any casualty or condemnation event affecting, assets reflected in the then-current
Borrowing Base having a fair market value of $5,000,000 or more, the Company shall give the Collateral Agent written notice of such disposition,
casualty or condemnation event, together with such information as shall be required for the Collateral Agent to adjust the Borrowing Base
to reflect such disposition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Borrowing Base Certificate</U>&#8221; means
a Borrowing Base Certificate, substantially in the form of Exhibit C (with such changes thereto as may be reasonably required by the Collateral
Agent from time to time to reflect (a) the results of the most recent field examination or Inventory appraisal conducted pursuant to Section
5.23 and (b) the components of, or Reserves against, the Borrowing Base as provided for hereunder), together with all attachments and
supporting documentation contemplated thereby, signed and certified as accurate and complete by a Financial Officer of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Borrowing Request</U>&#8221; means a request
by a Borrower for a Borrowing in accordance with Section&nbsp;2.03.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Borrowing Subsidiary</U>&#8221; means,
as applicable, (a) BBWC and (b) any Additional Borrowers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Borrowing Subsidiary Termination</U>&#8221;
has the meaning set forth in Section&nbsp;2.20.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Business Day</U>&#8221; means any day that
is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to remain closed;
<U>provided</U> that, (a) when used in relation to Term SOFR Loans or Daily Simple SOFR Loans and any interest rate settings, fundings,
disbursements, settlements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">or payments of any Term SOFR Loan or Daily Simple SOFR Loan, or any
other dealings with respect to any Term SOFR Loan or Daily Simple SOFR Loan, the term &#8220;Business Day&#8221; shall also exclude any
day that is not a U.S. Government Securities Business Day and (b) when used in relation to Term CORRA Loans or Canadian Prime Rate Loans,
the term &#8220;Business Day&#8221; shall also exclude any day on which banks are not open for business in Toronto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>CAD Sublimit</U>&#8221; means the portion
of the Revolving Commitments in an aggregate amount equal to the US Dollar Equivalent in Canadian Dollars of $80,000,000 that is being
made available hereunder to the Canadian Borrowers for borrowings in Canadian Dollars.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Canadian Borrower</U>&#8221; means each
of BBWC and any Additional Borrower that is a Canadian Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Canadian Defined Benefit Pension Plan</U>&#8221;
means any Canadian Pension Plan which contains a &#8220;defined benefit provision&#8221;, as defined in subsection 147.1(1) of the ITA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Canadian Dollars</U>&#8221;
or &#8220;<U>CAD</U>&#8221; means the lawful money of Canada.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Canadian Economic Sanctions and Export
Control Laws</U>&#8221; means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings
with countries, entities, organizations, or individuals subject to economic sanctions and similar measures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Canadian Loan Party</U>&#8221; means any
Loan Party organized under the laws of Canada or any province or territory thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Canadian Pension Benefits Legislation</U>&#8221;
shall mean any Canadian federal or provincial pension standards legislation, including, without limitation, the Supplemental Pension Plans
Act (Quebec) and the Pension Benefits Act (Ontario), that applies in respect of a Canadian Pension Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Canadian Pension Event</U>&#8221; means
(a) any Loan Party shall, directly or indirectly, terminate or cause to terminate, in whole or in part, or initiate the termination of,
in whole or in part, any Canadian Defined Benefit Pension Plan where doing so results in any wind-up deficit that is required to be funded
under Canadian Pension Benefits Legislation; (b) any Loan Party shall fail to make minimum required contributions to amortize any funding
deficiencies under a Canadian Defined Benefit Pension Plan within the time period set out in Canadian Pension Benefits Legislation or
fails to make a required contribution under any Canadian Pension Plan which results in the imposition of a Lien upon the assets of any
Loan Party (other than inchoate Liens under Canadian Pension Benefits Legislation for amounts required to be remitted but not yet due);
or (c) any Loan Party makes any improper withdrawals or applications of assets of a Canadian Pension Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Canadian Pension Plans</U>&#8221; means
each pension plan required to be registered under Canadian federal or provincial pension standards legislation that is administered or
contributed to by a Loan Party or any subsidiary of any Loan Party for its employees or former employees, but does not include the Canada
Pension Plan or the Quebec Pension Plan as maintained by the Government of Canada or the Province of Quebec, respectively, or any comparable
pension plan maintained by a Governmental Authority in any other Canadian jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Canadian Prime Rate</U>&#8221; means, for
the relevant interest period, the rate of interest per annum (rounded upwards, if necessary, to the next 1/100 of 1% (with 0.005% being
rounded up)) determined by the Administrative Agent to be the greater of (a) the rate equal to the PRIMCAN Index rate that appears on
the Bloomberg screen at 10:15 a.m., Toronto time, on such day (or, in the event that the PRIMCAN Index is not published by Bloomberg,
any other information service that publishes such index from time to time, as selected by the Administrative Agent in its reasonable discretion);
<U>provided</U> that, the Canadian Prime Rate shall at no time be less than 1.00% per annum. Any change in the Canadian Prime Rate due
to a change in the PRIMCAN Index shall be effective from and including the effective date of such change in the PRIMCAM Index.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Canadian Subsidiary</U>&#8221; means any
Subsidiary that is organized under the laws of Canada or any province or territory thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Capital Lease Obligations</U>&#8221; 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 proviso in Section 1.04), and the amount of such obligations shall
be the capitalized amount thereof determined in accordance with GAAP (subject to the proviso in Section 1.04).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 1in">&#8220;<U>Captive Insurance Subsidiary</U>&#8221;
means any Subsidiary of the Company that is subject to regulation as an insurance company (or any Subsidiary thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 1in">&#8220;<U>Cash Dominion Period</U>&#8221;
means (a) each period during which a Specified Event of Default has occurred and is continuing or (b) each period (i) commencing on any
day when Specified Excess Availability has for three consecutive Business Days been less than the greater of (x) $70,000,000 and (y) 10.0%
of the Maximum Borrowing Amount and (ii) ending on the date that Specified Excess Availability has been greater than the amount set forth
in clause (i) above for 20 consecutive calendar days during which period no Specified Event of Default shall have occurred and be continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>CCQ</U>&#8221; has the meaning set forth
in Section 7.01.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Change in Control</U>&#8221; means the
acquisition of ownership, directly or indirectly, beneficially or of record, by any Person or group (within the meaning of the Securities
Exchange Act of 1934 and the rules of the Securities and Exchange Commission thereunder as in effect on the date hereof) of shares representing
more than</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">35% of the aggregate ordinary voting power represented by the issued
and outstanding capital stock of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Change in Law</U>&#8221; means (a) the
adoption of any law, rule or regulation after the date of this Agreement, (b) any change in any law, rule or regulation or in the interpretation
or application thereof by any Governmental Authority after the date of this Agreement, or (c)&nbsp;compliance by any Lender or any Issuing
Bank (or, for purposes of Section&nbsp;2.14(b), by any lending office of such Lender or by such Lender&#8217;s or such Issuing Bank&#8217;s
holding company, if any) with any request, guideline or directive (whether or not having the force of law) of any Governmental Authority
made or issued after the date of this Agreement; <U>provided</U> 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 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 regulatory authorities, in each case pursuant to Basel III, shall
in each case be deemed to be a &#8220;Change in Law&#8221;, regardless of the date enacted, adopted, promulgated or issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Class</U>&#8221;, when used in reference
to (a) any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Revolving Loans, Incremental Revolving
Loans of any tranche or Protective Advances, (b) any Commitment, refers to whether such Commitment is a Revolving Commitment or an Incremental
Revolving Commitment of any tranche, (c) any Lender, refers to whether such Lender has a Loan or Commitment of a particular Class and
(d) any Letter of Credit, refers to whether such Letter of Credit is issued pursuant to a Revolving Commitment or an Incremental Revolving
Commitment of any tranche.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>CME Term SOFR Administrator</U>&#8221;
means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR)
(or a successor administrator).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Code</U>&#8221; means the Internal Revenue
Code of 1986, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Collateral</U>&#8221; means any and all
assets, tangible or intangible, on which Liens are purported to be granted pursuant to the Collateral Documents as security for the Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Collateral Access Agreement</U>&#8221;
means any landlord waiver or other agreement, in form and substance reasonably satisfactory to the Collateral Agent, between the Collateral
Agent and any warehouseman, bailee or other similar Person in possession of any Collateral, any landlord of any real property where any
Collateral is located or any administrative agent, collateral agent and/or similar representative acting on behalf of the holders of any
Permitted Non-ABL Indebtedness secured by a Lien on any real property where any Inventory is located.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Collateral Agent</U>&#8221; means JPMorgan
Chase Bank, N.A., in its capacity as collateral agent under the Collateral Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Collateral Agreements</U>&#8221; means,
individually and collectively as the context may require, (a) the Amended and Restated Guarantee and Collateral Agreement dated as of
April 30, 2020, among the Company, the Subsidiary Loan Parties party thereto and the Collateral Agent and (b) the Guarantee and Collateral
Agreement dated as of June 8, 2020, among the Canadian Loan Parties and the Collateral Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Collateral and Guarantee Requirement</U>&#8221;
means, at any time, the requirement that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(a) the Collateral Agent shall have received
from the Company and each Material Subsidiary either (i)&nbsp;a counterpart of the applicable Collateral Agreement duly executed and delivered
on behalf of the Company or such Material Subsidiary, as applicable, or (ii)&nbsp;in the case of any Person that becomes a Material Subsidiary
after the Restatement Effective Date, a supplement to the applicable Collateral Agreement, in the form specified therein, duly executed
and delivered on behalf of such Material Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(b) all UCC financing statements, and
all similar filings and registrations in each applicable jurisdictions, required by law or reasonably requested by the Collateral Agent
to be filed, registered or recorded to perfect the Liens intended to be created by each Collateral Agreement to the extent required by,
and with the priority required by, such Collateral Agreement, shall have been filed, registered or recorded or delivered to the Collateral
Agent for filing, registration or recording;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(c) the Collateral Agent shall have received
a counterpart, duly executed and delivered by the applicable Loan Party and the applicable depositary bank or securities intermediary,
as the case may be, of a Control Agreement with respect to (i) each deposit account maintained by any Loan Party with any depositary bank
(other than any Excluded Deposit Account) and (ii) each securities account maintained by any Loan Party with any securities intermediary
(other than any Excluded Securities Account), and the requirements of a Collateral Agreement relating to the concentration and application
of collections on accounts shall have been satisfied;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(d) the Collateral Agent shall have received
evidence that all Credit Card Notifications required to be provided pursuant to Section 5.24 have been provided;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(e) each Loan Party shall have delivered
to the Collateral Agent all Collateral Access Agreements requested by the Collateral Agent exercising its Permitted Discretion pursuant
to this Agreement or a Collateral Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(f) prior to its inclusion in the Borrowing
Base, the Collateral Agent shall have received (i) counterparts of a Mortgage with respect to each Mortgaged</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Property duly executed and delivered by the record owner
of such Mortgaged Property and (ii) all Required Real Property Documentation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(g) the Collateral Agent shall have received
evidence of the insurance required to be maintained pursuant to Section 5.03; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(h) the Company and each Material Subsidiary
shall have obtained all consents and approvals required to be obtained by it in connection with the execution and delivery of all Collateral
Documents to which it is a party, the performance of its obligations thereunder and the granting by it of the Liens thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">With respect to any Mortgaged Property as to which
a Mortgage is required to be executed and delivered, notwithstanding anything to the contrary set forth in this definition or elsewhere
in this Agreement, no such Mortgage shall be required to be executed and delivered until and unless (a) the Collateral Agent shall have
received the items referred to in clause (f)(ii) above (it being understood that the Loan Parties shall be required to deliver such items
otherwise in accordance with the terms of the Loan Documents), and shall have provided copies thereof to the Lenders, (b) the Collateral
Agent shall have provided copies of all documents referred to in clause (a) of this paragraph received by it to the Lenders and (c) prior
to the contemplated date of effectiveness of such Mortgage (as notified by the Collateral Agent to the Lenders), the Collateral Agent
shall have been advised in writing by each Lender that such Lender has completed its flood insurance due diligence and flood insurance
compliance with respect to such Mortgaged Property (with each Lender agreeing to complete such due diligence and compliance as promptly
as practicable following receipt of the documents as referred to in clause (b) of this paragraph).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Collateral Documents</U>&#8221; means,
collectively, the Collateral Agreements, the Control Agreements, the Credit Card Notifications, the Mortgages and each other pledge, deed
of hypothec, security agreement or other instrument or document granting a Lien upon the Collateral as security for the Obligations (as
required by this Agreement or any other Loan Document).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Commitment</U>&#8221; means a Revolving
Commitment, an Incremental Revolving Commitment of any tranche or any combination thereof, as the context requires.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Company</U>&#8221; means Bath &amp; Body
Works, Inc. (formerly known as L Brands, Inc.), a Delaware corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Concentration Account</U>&#8221; has the
meaning assigned to such term in the Collateral Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Consolidated Debt</U>&#8221; means, at
any date of determination, the total Indebtedness of the Company and the Consolidated Subsidiaries at such date determined on a consolidated
basis in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Consolidated EBITDA</U>&#8221; means, for
any period, Consolidated Net Income for such period (adjusted (i) to exclude any non-cash items deducted or included in determining Consolidated
Net Income for such period attributable to Accounting Standards Codification Topic 815, Derivatives and Hedging, Accounting Standards
Codification Topic 350, Intangibles&#8211;Goodwill and Other, or stock options and other equity-linked compensation to officers, directors
and employees, and (ii) to deduct cash payments made during such period in respect of Hedging Agreements (or other items subject to FAS
133 &#8211; Accounting for Derivative Instruments and Hedging Activities) to the extent not otherwise deducted in determining Consolidated
Net Income for such period) plus (a)&nbsp;without duplication and to the extent deducted in determining such Consolidated Net Income,
the sum of (i) consolidated interest expense for such period, (ii) consolidated income tax expense for such period, (iii) all amounts
attributable to depreciation and amortization for such period and (iv) any extraordinary or nonrecurring charges for such period, and
minus (b) without duplication and to the extent included in determining such Consolidated Net Income, any extraordinary or nonrecurring
gains for such period, all determined on a consolidated basis in accordance with GAAP; <U>provided</U> that the results of any ETC Entity
shall be included in Consolidated EBITDA to the extent (and only to the extent) actually distributed (directly or indirectly) by such
ETC Entity to the Company or another Consolidated Subsidiary; <U>provided further</U>, that if on or prior to the applicable date of determination
of Consolidated EBITDA, an acquisition or disposition outside of the ordinary course of business has occurred that has the effect of increasing
or decreasing Consolidated EBITDA then (without duplication of any other adjustment made in determining Consolidated EBITDA for such period)
Consolidated EBITDA shall be determined on a pro forma basis to give effect to such acquisition or disposition as if such acquisition
or disposition had occurred immediately prior to the commencement of the period for which Consolidated EBITDA is to be determined.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Consolidated EBITDAR</U>&#8221; means,
for any period, Consolidated EBITDA for such period plus, without duplication and to the extent deducted in the determination of such
Consolidated EBITDA, consolidated fixed minimum store rental expense for such period, all determined on a consolidated basis in accordance
with GAAP; <U>provided</U> that, if on or prior to the applicable date of determination of Consolidated EBITDAR, an acquisition or disposition
outside of the ordinary course of business has occurred that has the effect of increasing or decreasing Consolidated EBITDAR, then (without
duplication of adjustments made in determining Consolidated EBITDA for such period) Consolidated EBITDAR shall be determined on a pro
forma basis to give effect to such acquisition or disposition as if such acquisition or disposition had occurred immediately prior to
the commencement of the period for which Consolidated EBITDAR is to be determined.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Consolidated Fixed Charges</U>&#8221; means,
for any period, the sum of (a)&nbsp;consolidated interest expense, both expensed and capitalized (including the interest component in
respect of Capital Lease Obligations but excluding any interest expense in respect of Indebtedness of any ETC Entity, except to the extent
actually paid by the Company or a Consolidated Subsidiary other than, if it is a Consolidated Subsidiary, any ETC Entity), of the Company
and the Consolidated Subsidiaries for such period, plus (b)&nbsp;consolidated fixed minimum store rental expense of the Company and the
Consolidated Subsidiaries for such period, all determined on a consolidated basis in</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">accordance with GAAP; <U>provided</U> that, if on or prior to the applicable
date of determination of Consolidated Fixed Charges, an acquisition or disposition outside of the ordinary course of business has occurred
that has the effect of increasing or decreasing Consolidated Fixed Charges, then Consolidated Fixed Charges shall be determined on a pro
forma basis to give effect to such acquisition or disposition as if such acquisition or disposition had occurred immediately prior to
the commencement of the period for which Consolidated Fixed Charges is to be determined.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Consolidated Net Income</U>&#8221; means,
for any period, the net income or loss of the Company and the Consolidated Subsidiaries for such period determined on a consolidated basis
in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Consolidated Subsidiary</U>&#8221; means
any Subsidiary (other than an Unrestricted Subsidiary), the accounts of which are, or are required to be, consolidated with those of the
Company in the Company&#8217;s periodic reports filed under the Securities Exchange Act of 1934. For the avoidance of doubt, the ETC Entities
shall not constitute Consolidated Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Control</U>&#8221; means, with respect
to a specified Person, the possession, directly or indirectly, of the power to direct, or cause the direction of, the management or policies
of such Person, whether through the ability to exercise voting power, by contract or otherwise. &#8220;<U>Controlling</U>&#8221; and &#8220;<U>Controlled</U>&#8221;
have correlative meanings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Control Agreement</U>&#8221; means, with
respect to any deposit account or securities account maintained by any Loan Party, a control agreement in form and substance reasonably
satisfactory to the Collateral Agent, duly executed and delivered by such Loan Party and&nbsp;the depositary bank or the securities intermediary,
as the case may be, with which such account is maintained.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Corresponding Tenor</U>&#8221; 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>CORRA</U>&#8221; means the Canadian Overnight
Repo Rate Average administered and published by the Bank of Canada (or any successor administrator).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>CORRA Administrator</U>&#8221; means the
Bank of Canada (or any successor administrator).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>CORRA Determination Date</U>&#8221; has
the meaning set forth in the definition of &#8220;Daily Simple CORRA&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>CORRA Rate Day</U>&#8221; has the meaning
set forth in the definition of &#8220;Daily Simple CORRA&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Covenant Period</U>&#8221; has the meaning
set forth in Section 5.06.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Covered Entity</U>&#8221; means (a) a &#8220;covered
entity&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect; 252.82(b); (b) a &#8220;covered bank&#8221;
as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect; 47.3(b); or (c) a &#8220;covered FSI&#8221; as that term
is defined in, and interpreted in accordance with, 12 C.F.R. &sect;&nbsp;382.2(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Covered Party</U>&#8221; has the meaning
set forth in Section 8.21.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Credit Card Agreement</U>&#8221; means
any agreement between a Loan Party, on the one hand, and a credit card issuer or a credit card processor (including any credit card processor
that processes purchases of Inventory from a Loan Party through debit cards or mall cards), on the other hand.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Credit Card Notifications</U>&#8221; means
each Credit Card Notification, in form and substance reasonably satisfactory to the Collateral Agent, executed by one or more Loan Parties
and delivered by such Loan Parties to credit card issuers or credit card processors that are party to any Credit Card Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Credit Card Receivables</U>&#8221; means
any Account or Payment Intangible due to any Loan Party in connection with purchases from and other goods and services provided by such
Loan Party on (a) Visa, MasterCard, American Express, Discover and any other credit card issuers that are reasonably acceptable to the
Collateral Agent and PayPal and (b) such other credit cards (it being understood that such term, for purposes hereof, includes debit cards)
as the Collateral Agent shall approve from time to time in its Permitted Discretion, in each case which have been originated in the ordinary
course of business by such Loan Party and earned by performance by such Loan Party but not yet paid to such Loan Party by the credit card
issuer or the credit card processor, as applicable, and which represents the bona fide amount due to a Loan Party from such credit card
processor or credit card issuer; <U>provided</U> that, in any event, &#8220;Credit Card Receivables&#8221; shall exclude Accounts and
Payment Intangibles due in connection with credit cards issued by Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Credit Exposure</U>&#8221; means a Revolving
Exposure, an exposure of any other Class or any combination thereof, as the context requires.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Credit Party</U>&#8221; means the Agents,
each Issuing Bank or any other Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Credit Rating</U>&#8221; means, in the
case of S&amp;P, the &#8220;Issuer Credit Rating&#8221; assigned by S&amp;P to the Company and, in the case of Moody&#8217;s, the &#8220;Corporate
Family Rating&#8221; assigned by Moody&#8217;s to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Daily Simple CORRA</U>&#8221; shall mean,
for any day (a &#8220;<U>CORRA Rate Day</U>&#8221;), a rate per annum equal to CORRA for the day (such day, a &#8220;<U>CORRA Determination
Date</U>&#8221;) that is five Business Days prior to (a) if such CORRA Rate Day is a Business Day, such CORRA Rate Day or (b) if such
CORRA Rate Day is not a Business Day, the Business Day immediately preceding such CORRA Rate Day, in each case, as such CORRA is published
by the CORRA Administrator on the CORRA Administrator&#8217;s website. Any change in Daily Simple CORRA due to a change in CORRA shall
be</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">effective from and including the effective date of such change in CORRA
without notice to the Borrower. If by 5:00 p.m. (Toronto time) on any given CORRA Determination Date, CORRA in respect of such CORRA Determination
Date has not been published on the CORRA Administrator&#8217;s website and a Benchmark Replacement Date with respect to the Daily Simple
CORRA has not occurred, then CORRA for such CORRA Determination Date will be CORRA as published in respect of the first preceding Business
Day for which such CORRA was published on the CORRA Administrator&#8217;s website, so long as such first preceding Business Day is not
more than five Business Days prior to such CORRA Determination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Daily Simple SOFR</U>&#8221; means, for
any day (a &#8220;<U>SOFR Rate Day</U>&#8221;), a rate per annum equal to SOFR for the day (such day &#8220;<U>SOFR Determination Date</U>&#8221;)
that is five U.S. Government Securities Business Days prior to (a) if such SOFR Rate Day is a U.S. Government Securities Business Day,
such SOFR Rate Day or (b) 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&#8217;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 Company. If by 5:00 p.m. (New York City time) on the second 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&#8217;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&#8217;s Website.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Default</U>&#8221; means any event or condition
which constitutes an Event of Default or which upon notice, lapse of time or both would, unless cured or waived, become an Event of Default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Default Right</U>&#8221; has the meaning
assigned to such term in, and shall be interpreted in accordance with, 12 C.F.R. &sect;&sect;&nbsp;252.81, 47.2 or 382.1, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Defaulting Lender</U>&#8221; means any
Lender, as reasonably determined by the Administrative Agent, that has (a) failed to fund any portion of its Loans, participations in
Letters of Credit or Protective Advances within three Business Days of the date required to be funded by it hereunder unless such Lender
notifies the Administrative Agent and the Company in writing that such failure is the result of such Lender&#8217;s determination that
one or more conditions precedent to funding (each of which conditions precedent, together with any applicable Default, shall be specifically
identified in such writing) has not been satisfied, (b) notified the Company, the Administrative Agent, any Issuing Bank or any Lender
in writing that it does not intend to comply with any of its funding obligations under this Agreement or has made a public statement to
the effect that it does not intend to comply with its funding obligations under this Agreement or generally under other agreements in
which it commits to extend credit (unless such writing or public statement relates to such Lender&#8217;s obligation to fund a Loan hereunder</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">and states that such position is based on such Lender&#8217;s determination
that a condition precedent to funding (which condition precedent, together with any applicable Default, shall be specifically identified
in such writing or public statement) cannot be satisfied), (c) failed, within five Business Days after written request by the Administrative
Agent, to confirm that it will comply with the terms of this Agreement relating to its obligations to fund prospective Loans and participations
in then outstanding Letters of Credit and Protective Advances (provided that such Lender shall cease to be a Defaulting Lender pursuant
to this clause (c) upon receipt by the Administrative Agent of such confirmation), (d) otherwise failed to pay over to the Administrative
Agent, any Issuing Bank or any other Lender any other amount required to be paid by it hereunder within three Business Days of the date
when due, unless the subject of a good-faith dispute, (e)&nbsp;become the subject of a bankruptcy or insolvency proceeding, or has had
a receiver, conservator, trustee or custodian appointed for it, or has consented to, approved of or acquiesced in any such proceeding
or appointment or has a parent company that has become the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator,
trustee or custodian appointed for it, or has consented to, approved of or acquiesced in any such proceeding or appointment or (f) has,
or has a direct or indirect parent company that has, become the subject of a Bail-In Action; <U>provided</U> that (i)&nbsp;if a Lender
would be a &#8220;Defaulting Lender&#8221; solely by reason of events relating to a parent company of such Lender or solely because a
Governmental Authority has been appointed as receiver, conservator, trustee or custodian for such Lender, in each case as described in
clause&nbsp;(e) above, the Administrative Agent may, in its discretion, determine that such Lender is not a &#8220;Defaulting Lender&#8221;
if and for so long as the Administrative Agent is satisfied that such Lender will continue to perform its funding obligations hereunder,
(ii) the Administrative Agent may, by notice to the Company and the Lenders, declare that a Defaulting Lender is no longer a &#8220;Defaulting
Lender&#8221; if the Administrative Agent determines, in its discretion, that the circumstances that resulted in such Lender becoming
a &#8220;Defaulting Lender&#8221; no longer apply and (iii) a Lender shall not be a Defaulting Lender solely by virtue of the ownership
or acquisition of any equity interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long
as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States
or Canada or any state, province or territory of the foregoing or from the enforcement of judgments or writs of attachment on its assets
or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with
such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Designated Real Estate Subsidiary</U>&#8221;
means each Domestic Subsidiary designated by the Company to the Administrative Agent in writing at any time following the Restatement
Effective Date for the purpose of including the Eligible Real Property of such Subsidiary in the Borrowing Base subject to the terms and
conditions hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Disclosed Matters</U>&#8221; means the
actions, suits and proceedings and the environmental matters disclosed in Schedule&nbsp;3.05.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Disqualified Equity Interest</U>&#8221;
means, any Equity Interest in the Company that by its terms (or by the terms of any security into which it is convertible or for which</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">it is exchangeable, either mandatorily or at the option of the holder
thereof), or upon the happening of any event or condition:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(a) matures or is mandatorily redeemable
(other than solely for Equity Interests in the Company that do not constitute Disqualified Equity Interests and cash in lieu of fractional
shares of such Equity Interests), whether pursuant to a sinking fund obligation or otherwise, prior to the Specified Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(b) is convertible or exchangeable at
the option of the holder thereof for Indebtedness or Equity Interests (other than solely for Equity Interests in the Company that do not
constitute Disqualified Equity Interests and cash in lieu of fractional shares of such Equity Interests), prior to the Specified Date;
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(c) is redeemable (other than solely
for Equity Interests in the Company that do not constitute Disqualified Equity Interests and cash in lieu of fractional shares of such
Equity Interests) or is required to be repurchased by the Company or any of its Affiliates, in whole or in part, at the option of the
holder thereof, prior to the Specified Date; <U>provided</U> that this clause&nbsp;(c) shall not apply to any requirement of mandatory
redemption or repurchase that is contingent upon an asset disposition or the incurrence of Indebtedness if such mandatory redemption or
repurchase can be avoided through repayment or prepayment of Loans or through investments by the Company or the Consolidated Subsidiaries
in assets to be used in their businesses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Domestic Subsidiary</U>&#8221; means any
Subsidiary that is organized under the laws of the United States of America, any State thereof or the District of Columbia.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>EEA Financial Institution</U>&#8221; means
(a) any institution established in any EEA Member Country that is subject to the supervision of an EEA Resolution Authority, (b) any entity
established in an EEA Member Country that is a parent of an institution described in clause (a) of this definition, or (c) any institution
established in an EEA Member Country that is a subsidiary of an institution described in clause (a) or (b) of this definition and is subject
to consolidated supervision with its parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>EEA Member Country</U>&#8221; means any
of the member states of the European Union, Iceland, Liechtenstein and Norway.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>EEA Resolution Authority</U>&#8221; 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Effective Date</U>&#8221; means April 30,
2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Electronic Signature</U>&#8221; means an
electronic sound, symbol, or process attached to, or associated with, a contract or other record and adopted by a Person with the intent
to sign, authenticate or accept such contract or record.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Eligible Accounts</U>&#8221; means, at
any time, the Accounts owned by any Loan Party and in which such Loan Party has good and marketable title, but excluding Credit Card Receivables
and any other Account:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is not subject to a first priority (subject to a Lien described in clause (a) or (b) in the definition of &#8220;Permitted Encumbrances&#8221;)
perfected Lien in favor of the Collateral Agent pursuant to the Collateral Agreements securing the Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is subject to any Lien whatsoever, other than (i) a Lien in favor of the Collateral Agent, (ii) Permitted Encumbrances (other than those
described in clauses (a) and (b) in the definition of &#8220;Permitted Encumbrances&#8221;) that do not have priority over the Liens securing
the Obligations created by the Collateral Agreements and (iii) Liens permitted under Section 5.08(b)(x);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
with respect to which the scheduled due date is more than 105 days after the date of the original invoice therefor, (ii) which is unpaid
more than 105 days after the date of the original invoice therefor or more than 60 days after the original due date therefor or (iii)
which has been written off the books of the applicable Loan Party or otherwise designated as uncollectible;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owing by an Account Debtor for which more than 50% of the Accounts owing by such Account Debtor and its Affiliates are ineligible pursuant
to clause (c) above;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owing by an Account Debtor to the extent the aggregate amount of Accounts owing by such Account Debtor and its Affiliates to the Loan
Parties exceeds 25% of the aggregate Eligible Accounts (or, in the case of M.H.&nbsp;Alshaya Co. and its Affiliates, , exceeds 35% of
the aggregate Eligible Accounts); <U>provided</U> that the amount of Eligible Accounts that are excluded because they exceed the percentage
set forth in this clause (e) shall be determined based on all of the otherwise Eligible Accounts prior to giving effect to any eliminations
based on the foregoing concentration limit;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(f) with respect to which any covenant,
representation or warranty contained in this Agreement or in the other Loan Documents has been breached or is not true;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
(i) does not arise from the sale of goods or performance of services in the ordinary course of business, (ii) is not evidenced by an invoice
or other documentation reasonably satisfactory to the Collateral Agent which has been sent to the applicable Account Debtor, (iii) represents
a sale on a bill-and-hold, guaranteed sale, sale-and-return, sale on approval, consignment, cash-on-delivery or any other repurchase or
return basis or (iv) relates to payments of interest;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
which the goods giving rise to such Account have not been shipped to the Account Debtor or for which the services giving rise to such</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Account have not been performed by the applicable Loan Party
or if such Account is in respect of an invoice that is duplicative of a previously invoiced Account;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
respect to which any check or other instrument of payment has been returned uncollected for any reason;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owed by an Account Debtor which (i) is the subject of any Bankruptcy Event, (ii) is liquidating, dissolving or winding up its affairs,
(iii)&nbsp;is otherwise deemed not creditworthy by the Collateral Agent in its Permitted Discretion, (iv) has admitted in writing its
inability, or is generally unable, to pay its debts as they become due, (v) has become insolvent or (vi) has ceased operation of its business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owed by an Account Debtor which has sold all or substantially all its assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owed by an Account Debtor that (i) does not have its head office, registered office, principal place of business or chief executive
office in the United States or Canada or (ii) is not organized under applicable law of (A) the United States or any state of the United
States or (B) Canada or any province or territory of Canada unless, in any such case, such Account is backed by a letter of credit or
trade insurance (in the case of Accounts backed by trade insurance, not to exceed $50,000,000), in each case acceptable to the Collateral
Agent which, in each case, is in the possession of, and is directly drawable by, the Collateral Agent or otherwise subject to a pledge
in favor of the Collateral Agent in form and substance reasonably satisfactory to the Collateral Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owed in any currency other than US Dollars or Canadian Dollars;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owed by (i) any Governmental Authority of any country other than the United States or Canada unless such Account is backed by a letter
of credit acceptable to the Collateral Agent which is in the possession of, and is directly drawable by, the Collateral Agent, (ii) any
Governmental Authority of the United States or Canada, or any department, agency, public corporation, or instrumentality thereof, unless
any steps necessary to perfect the Lien of the Collateral Agent in such Account have been complied with to the Collateral Agent&#8217;s
satisfaction, including in respect of the Federal Assignment of Claims Act of 1940, as amended (31 U.S.C. &sect; 3727 et seq. and 41 U.S.C.
&sect; 15 et seq.), or (iii) any Governmental Authority of any State of the United States, any province or territory of Canada or any
other Governmental Authority not referred to in clause (i) or (ii) above;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owed by any Affiliate of any Loan Party or any employee, officer, director, agent or equityholder of any Loan Party or any of its Affiliates;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owed by an Account Debtor or any Affiliate of such Account Debtor to which any Loan Party is indebted or which is subject to any security,
deposit, progress payment, retainage or other similar advance made by or for the benefit of an Account Debtor; <U>provided</U> that the
excess of the Accounts of such Account Debtor <U>over</U> the aggregate amount of such indebtedness, security, deposits, progress payments,
retainage and other similar advances, shall not be excluded pursuant to this clause (p);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is subject to any counterclaim, deduction, defense, setoff or dispute; <U>provided</U> that the excess of such Accounts <U>over</U> such
counterclaims, deductions, defenses, setoffs or disputes shall not be excluded pursuant to this clause (q);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is evidenced by any promissory note, judgment, chattel paper or instrument;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owed by an Account Debtor located in any jurisdiction which requires filing of a &#8220;Notice of Business Activities Report&#8221;
or other similar report in order to permit the applicable Loan Party to seek judicial enforcement in such jurisdiction of payment of such
Account, unless such Loan Party has filed such report or is qualified to do business in such jurisdiction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
respect to which the applicable Loan Party has made any agreement with the Account Debtor for any reduction thereof, other than discounts
and adjustments given in the ordinary course of business (but only to the extent of any such reduction), or any Account which was partially
paid and the applicable Loan Party created a new receivable for the unpaid portion of such Account;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
does not comply in all material respects with the requirements of all applicable laws and regulations, whether Federal, state or local,
including the Federal Consumer Credit Protection Act, the Federal Truth in Lending Act and Regulation Z of the Board;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is for goods that have been sold under a purchase order or pursuant to the terms of a contract or other agreement or understanding (written
or oral) that indicates or purports that any Person other than the applicable Loan Party has or has had an ownership interest in such
goods, or which indicates any party other than the applicable Loan Party as payee or remittance party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(w)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is owed by an Account Debtor that is a Sanctioned Person; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;which
is not a true and correct statement of a bona fide obligation incurred in the amount of the Account for merchandise sold to or services
rendered and accepted by the applicable Account Debtor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><U>provided</U>, <U>however</U>, that the Collateral
Agent may, in its Permitted Discretion and upon prior written notice to the Company, deem any Account ineligible, or impose additional
eligibility criteria, based on the results of the most recent field examination or Inventory appraisal conducted pursuant to Section 5.23.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">In determining the amount of an Eligible Account,
the face amount of an Account may, in the Collateral Agent&#8217;s Permitted Discretion and upon prior written notice to the Company,
be reduced by, without duplication, to the extent not reflected in such face amount, (i) to the extent not otherwise reflected in the
eligibility criteria, the amount of all accrued and actual discounts, claims, credits or credits pending, promotional program allowances,
price adjustments, finance charges or other allowances (including any amount that the applicable Loan Party may be obligated to rebate
to an Account Debtor pursuant to the terms of any agreement or understanding (written or oral)) and (ii) the aggregate amount of all cash
received in respect of such Account but not yet applied by the applicable Loan Party to reduce the amount of such Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 1in">Notwithstanding anything to the
contrary contained herein, no Account acquired by any Loan Party after the Effective Date outside the ordinary course of business, or
acquired or originated by any Person that becomes a Loan Party after the Effective Date, shall be included in determining Eligible Accounts
until a field examination with respect thereto has been completed to the satisfaction of the Collateral Agent in its Permitted Discretion
(it being understood and agreed that additional field examinations conducted at the Company&#8217;s election pursuant to this paragraph
shall not count against the number of field examinations permitted pursuant to Section 5.23).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Eligible Assignee</U>&#8221; 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 holding
company, investment vehicle or trust for the benefit of a natural person, the Company, any Subsidiary or other Affiliate of the Company
or its Subsidiaries; <U>provided</U> that an Eligible Assignee shall not include a Defaulting Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Eligible Component Inventory</U>&#8221;
means, at any time, any Inventory owned by any Loan Party (and in which such Loan Party has good and marketable title) that is excluded
from Eligible Inventory solely because such Inventory is not finished goods or constitutes work-in-process or subassemblies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Eligible Credit Card Receivables</U>&#8221;
means, as of any date of determination, each Credit Card Receivable that satisfies all the requirements set forth below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">such Credit Card Receivable is owned by
a Loan Party and such Loan Party has good and marketable title to such Credit Card Receivable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) such Credit Card Receivable has not been outstanding
for more than five Business Days;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) the credit card issuer or the credit card processor
of the applicable credit card with respect to such Credit Card Receivable (i) is not the subject of any</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Bankruptcy Event, (ii) is not liquidating, dissolving or winding up
its affairs, (iii) is not otherwise deemed not creditworthy by the Collateral Agent in its Permitted Discretion, (iv) has not admitted
in writing its inability, or is not generally unable to, pay its debts as they become due, (v) has not become insolvent and (vi) has not
ceased operation of its business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) such Credit Card Receivable is a valid, legally
enforceable obligation of the applicable credit card issuer or credit card processor with respect thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) such Credit Card Receivable is subject to a first
priority (subject to a Lien described in clause (a) or (b) in the definition of &#8220;Permitted Encumbrances&#8221;) perfected Lien in
favor of the Collateral Agent pursuant to the Collateral Agreements;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) such Credit Card Receivable is not subject to
any Lien whatsoever, other than (i) a Lien in favor of the Collateral Agent, (ii) Permitted Encumbrances (other than those described in
clauses (a) and (b) in the definition of &#8220;Permitted Encumbrances&#8221;) that do not have priority over the Liens securing the Obligations
created by the Collateral Agreements and (iii) Liens permitted under Section 5.08(b)(x);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) such Credit Card Receivable conforms in all material
respects to all representations, warranties or other provisions in the Loan Documents or in the credit card agreements relating to such
Credit Card Receivable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(H) if such Credit Card Receivable is subject to
risk of set-off, non-collection or not being processed due to unpaid and/or accrued credit card processor fee balances, or if a claim,
counterclaim, offset or chargeback has been asserted by the applicable credit card issuer or credit card processor, the face amount thereof
for purposes of determining the Borrowing Base has been reduced by the amount of such unpaid and/or accrued credit card processor fees
or such claim, counterclaim, offset or chargeback;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(I) such Credit Card Receivable is subject to a Credit
Card Notification; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(J) such Credit Card Receivable is not evidenced
by chattel paper or an instrument of any kind unless such chattel paper or instrument is in the possession of the Collateral Agent, and
to the extent necessary or appropriate, endorsed to the Collateral Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><U>provided</U>, <U>however</U>, the Collateral Agent
may, in its Permitted Discretion and upon prior written notice to the Company, deem any Credit Card Receivable ineligible, or impose additional
eligibility criteria, based on the results of the most recent field examination or Inventory appraisal conducted pursuant to Section 5.23.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 1in">In determining the amount of an
Eligible Credit Card Receivable, the face amount thereof may, in the Collateral Agent&#8217;s Permitted Discretion and upon prior written
notice to the Company, be reduced by, without duplication, to the extent not reflected in such face amount, (i) the amount of all customary
fees and expenses in</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">connection with the credit card arrangements applicable
thereto and (ii) the aggregate amount of all cash received in respect thereof but not yet applied by the applicable Loan Party to reduce
the amount of such Eligible Credit Card Receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Notwithstanding anything to the contrary contained
herein, no Credit Card Receivable acquired by any Loan Party after the Effective Date outside the ordinary course of business, or acquired
or originated by any Person that becomes a Loan Party after the Effective Date, shall be included in determining Eligible Credit Card
Receivables until a field examination with respect thereto has been completed to the satisfaction of the Collateral Agent in its Permitted
Discretion (it being understood and agreed that additional field examinations conducted at the Company&#8217;s election pursuant to this
paragraph shall not count against the number of field examinations permitted pursuant to Section 5.23).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Eligible Inventory</U>&#8221; means, at
any time, the Inventory owned by any Loan Party (and in which such Loan Party has good and marketable title), but excluding any Inventory:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">which is not subject to a first priority perfected
(subject to a Lien described in clause (a) or (b) in the definition of &#8220;Permitted Encumbrances&#8221;) Lien in favor of the Collateral
Agent pursuant to the Collateral Agreements securing the Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(K) which is subject to any Lien whatsoever, other
than (i) a Lien in favor of the Collateral Agent, (ii) Permitted Encumbrances (other than those described in clauses (a) and (b) in the
definition of &#8220;Permitted Encumbrances&#8221;) that do not have priority over the Liens securing the Obligations pursuant to the
terms of the Collateral Agreements, (iii) Liens permitted under Section 5.08(b)(x) and (iv) in the case of Inventory at a warehouse or
other third party storage facility or in transit with a common carrier or other third party carrier, any Lien in respect of which an appropriate
Reserve shall have been established by the Collateral Agent in its Permitted Discretion;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(L) which is slow moving, out of season, obsolete,
unmerchantable, defective, used or unfit for sale; <U>provided</U> that, this clause (c) shall not exclude (i) slow moving Inventory located
at a clearance center that has been appropriately priced consistent with the Company&#8217;s customary practices and (ii) Inventory solely
due to such Inventory consisting of out of season products or components thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(M) with respect to which any covenant, representation
or warranty contained in this Agreement or in the other Loan Documents has been breached or is not true or which does not conform to all
standards imposed by any Governmental Authority in the United States or Canada;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(N) in which any Person other than a Loan Party shall
(i) have any direct or indirect ownership, interest or title (including the rights of a purchaser that has made progress payments and
the rights of a surety that has issued a bond to assure a Loan Party&#8217;s performance with respect to that Inventory) or (ii) be indicated
on any purchase</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">order or invoice with respect to such Inventory as having or purporting
to have an interest therein;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(O) which is not finished goods or which constitutes
work-in-process, raw materials, spare or replacement parts, subassemblies, packaging and shipping material, manufacturing supplies, samples,
prototypes, displays or display items, bill-and-hold or ship-in-place goods, goods that are returned or marked for return, repossessed
goods, defective or damaged goods, goods held on consignment, or goods which are not of a type held for sale in the ordinary course of
business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(P) which is not located in the United States or
Canada or is in transit with a common carrier or other third party carrier from vendors and suppliers; <U>provided</U> that Inventory
in transit within the United States or Canada may be included as Eligible Inventory so long as:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">if the applicable Loan Party&#8217;s rights with
respect thereto are evidenced by a bill of lading or comparable document, such document either (A) is non-negotiable or (B) has been delivered
to the Collateral Agent,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the common carrier or other third party carrier is
not an Affiliate of the Loan Parties or of the applicable vendor or supplier, and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the customs broker is not an Affiliate of the Loan
Parties or of the applicable vendor or supplier;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(Q) which is located in any real property leased
by a Loan Party unless (i) the lessor has executed and delivered to the Collateral Agent a Collateral Access Agreement (subject to the
grace period in clause (e) of the definition of &#8220;Collateral and Guarantee Requirement&#8221;) or (ii) a Reserve for rent, charges
and other amounts due or to become due with respect to such location has been established by the Collateral Agent in its Permitted Discretion;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(R) which is located at any warehouse or other third
party storage facility or is otherwise in the possession of a bailee (other than a third party processor) and (i) is evidenced by a negotiable
warehouse receipt or comparable document unless such document has been delivered to the Collateral Agent or (ii) is not evidenced by a
document, unless (A) such warehouseman or other bailee has executed and delivered to the Collateral Agent a Collateral Access Agreement
(subject to the grace period in clause (e) of the definition of &#8220;Collateral and Guarantee Requirement&#8221;) and such other documentation
as the Collateral Agent may require in its Permitted Discretion or (B) an appropriate Reserve has been established by the Collateral Agent
in its Permitted Discretion;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(S) which is a discontinued product or component
thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(T) which is the subject of a consignment by a Loan
Party as consignor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(U) which is perishable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(V) which contains or bears any Intellectual Property
rights licensed to a Loan Party unless the Collateral Agent in its Permitted Discretion is satisfied that it may sell or otherwise dispose
of such Inventory without (i) infringing the rights of such licensor, (ii) violating any contract with such licensor or (iii) incurring
any liability with respect to payment of royalties other than royalties incurred pursuant to sale of such Inventory under the current
licensing agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(W) which is not reflected in a current perpetual
inventory report of the applicable Loan Party (unless such Inventory is reflected in a report to the Collateral Agent as &#8220;in transit&#8221;
Inventory); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(X) for which reclamation rights have been asserted
by the seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><U>provided</U>, <U>however</U>, the Collateral Agent
may, in its Permitted Discretion and upon prior written notice to the Company, deem any Inventory ineligible, or impose additional eligibility
criteria, based on the results of the most recent field examination or Inventory appraisal conducted pursuant to Section 5.23.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Notwithstanding the foregoing, (i) the amount of
Inventory shall be adjusted (A) as required to eliminate intercompany profit and (B) to true up cost by eliminating intercompany performance
incentives and (ii) the aggregate amount of Inventory included in the Borrowing Base pursuant to the proviso to clause (c) shall not exceed
$50,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Notwithstanding anything to the contrary contained
herein, no Inventory acquired by any Loan Party after the Effective Date other than in the ordinary course of business, or acquired or
created by any Person that becomes a Loan Party after the Effective Date, shall be included in determining Eligible Inventory until an
appraisal with respect thereto has been completed to the satisfaction of the Collateral Agent in its Permitted Discretion (it being understood
and agreed that additional appraisals conducted at the Company&#8217;s election pursuant to this paragraph shall not count against the
number of appraisals permitted pursuant to Section 5.23).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Eligible Real Property</U>&#8221; means,
on any date, the real property owned in fee by a Loan Party (i) that is acceptable in the Permitted Discretion of the Collateral Agent
for inclusion in the Borrowing Base, (ii) in respect of which a Real Property Appraisal has been delivered to the Collateral Agent prior
to its inclusion in the Borrowing Base and during the 12-month period ending on such date, (iii) in respect of which the Collateral Agent
is satisfied that all actions necessary or desirable in order to create a perfected first priority Lien on such real property in favor
of the Collateral Agent have been taken, including the filing and recording of Mortgages, (iv) in respect of which an environmental assessment
report has been completed and delivered to the Collateral Agent in form and substance reasonably satisfactory to the Lenders and which
does not indicate any pending, threatened or existing Environmental Liability, or noncompliance with any Environmental Law, (v) in respect
of which the Company shall have delivered a fully-paid valid title insurance policy in form and substance reasonably satisfactory to the
Collateral Agent naming the Collateral Agent as the insured for the benefit of the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Lenders, issued by a nationally recognized title insurance company
reasonably acceptable to the Collateral Agent, insuring the Lien of such Mortgage as a valid and enforceable first priority Lien on the
Eligible Real Property described therein, with such customary endorsements reasonably requested by the Collateral Agent and (vi) if requested
by the Collateral Agent: (A) a completed ALTA survey reasonably acceptable to the Collateral Agent has been delivered for which all necessary
fees have been paid and which is dated no more than 30 days prior to the date on which the applicable Mortgage is recorded, certified
to the Collateral Agent and the issuer of the title insurance policy in a manner reasonably satisfactory to the Collateral Agent by a
land surveyor duly registered and licensed in the state in which such Eligible Real Property is located and acceptable to the Agent; (B)
in respect of which local counsel for the Company in states in which the Eligible Real Property is located have delivered a letter of
opinion with respect to the enforceability and perfection of the Mortgages and any related fixture filings in form and substance reasonably
satisfactory to the Collateral Agent; (C) in respect of which the Company shall have used its commercially reasonable best efforts to
obtain estoppel certificates executed by all tenants of such Eligible Real Property and such other consents, agreements and confirmations
of lessors and third parties have been delivered to the Collateral Agent as the Collateral Agent may deem necessary or desirable; and
(D) a completed &#8220;Life of Loan&#8221; Federal Emergency Management Agency standard flood hazard determination obtained with respect
to such Eligible Real Property, together with evidence that all other customary actions that the Collateral Agent may reasonably deem
necessary or desirable in order to create perfected first priority Liens on the property described in the Mortgages in favor of the Collateral
Agent have been taken; <U>provided</U>, <U>however</U>, Eligible Real Property shall exclude (a) any real property located outside of
the United States of America and (b) any Flood Hazard Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Enhanced Borrowing Base Reporting Period</U>&#8221;
means (a) any period during which a Specified Event of Default has occurred and is continuing or (b) any period (1) commencing on any
day when Specified Excess Availability has for three consecutive Business Days been less than or equal to the greater of (x) $100,000,000
and (y) 15% of the Maximum Borrowing Amount and (2) ending after Specified Excess Availability has been greater than the amount set forth
in clause (1) above for 20 consecutive days during which period no Specified Event of Default shall have occurred and be continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Environmental Laws</U>&#8221; means all
applicable laws, rules, regulations, codes, orders-in-council, ordinances, orders, decrees, judgments, injunctions or binding agreements
issued, promulgated or entered into by any Governmental Authority, relating to the environment, preservation or reclamation of natural
resources or the management, release or threatened release of any Hazardous Material.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Environmental Liability</U>&#8221; means
any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities),
of the Company or any Consolidated Subsidiary directly or indirectly resulting from or based upon (a)&nbsp;violation of any Environmental
Law, (b)&nbsp;the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c)&nbsp;exposure
to any Hazardous Materials, (d)&nbsp;the release or threatened release of any</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Hazardous Materials into the environment or (e) any contract, agreement
or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Equity Interests</U>&#8221; means shares
of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other
equity ownership interests in a Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>ERISA</U>&#8221; means the Employee Retirement
Income Security Act of 1974, as amended from time to time, and the rules and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>ERISA Affiliate</U>&#8221; means any trade
or business (whether or not incorporated) that, together with the Company, is treated as a single employer under Section&nbsp;414(b) or
(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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>ETC Entity</U>&#8221; means (i)&nbsp;any
Person (including MORSO Holding Co.) engaged primarily in the ownership, management, leasing, development or operation of real property
located in or around the Columbus, Ohio Easton Shopping Center and (ii)&nbsp;any Person substantially all of the assets of which consist
of equity interests in or debt of any Person described in clause (i).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>EU Bail-In Legislation Schedule</U>&#8221;
means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to
time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Event of Default</U>&#8221; has the meaning
set forth in Section 6.01.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Excess Availability</U>&#8221; means, at
any time, an amount equal to (a) the Maximum Borrowing Amount, minus (b) the Aggregate Credit Exposure (which, solely for purposes of
determining Average Daily Excess Availability, shall exclude Protective Advances), in each case outstanding at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Exchange Rate</U>&#8221; means on any day,
for purposes of determining the US Dollar Equivalent of any other currency, the rate at which such other currency may be exchanged into
US Dollars at the time of determination on such day as set forth on the Reuters WRLD Page for such currency. In the event that such rate
does not appear on any Reuters WRLD Page, the Exchange Rate shall be determined by reference to such other publicly available service
for displaying exchange rates as may be agreed upon by the Administrative Agent and the Company or, in the absence of such an agreement,
such Exchange Rate shall instead be the Spot Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Excluded Deposit Accounts</U>&#8221; means
(a) any deposit account the funds in which are used solely for the payment of salaries and wages, workers&#8217; compensation and similar
expenses (including payroll taxes) in the ordinary course of business, (b) any deposit account that is a zero-balance disbursement account,
(c) any deposit account the funds in which consist solely of (i) funds held by the Company or any Subsidiary Loan Party in trust for any
director, officer or employee of the Company or any Subsidiary</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Loan Party or any employee benefit plan maintained by the Company or
any Subsidiary Loan Party or (ii) funds representing deferred compensation for the directors and employees of the Company and the Subsidiary
Loan Parties, (d) any deposit account the funds in which consist solely of cash earnest money deposits or funds deposited under escrow
or similar arrangements in connection with any letter of intent or purchase agreement for any transaction permitted hereunder and (e)
other deposit accounts to the extent the aggregate daily balance in all such accounts does not at any time exceed $100,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Excluded Securities Account</U>&#8221;
means any securities account the securities entitlements in which consist solely of (a) securities entitlements held by the Company or
any Subsidiary Loan Party in trust for any director, officer or employee of the Company or any Subsidiary Loan Party or any employee benefit
plan maintained by the Company or any Subsidiary Loan Party or (b) securities entitlements representing deferred compensation for the
directors and employees of the Company and the Subsidiary Loan Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Excluded Subsidiary</U>&#8221; means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Immaterial Subsidiary,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Consolidated Subsidiary that is prohibited or restricted by law, rule or regulation or contractual obligation (in the case of any such
contractual obligation, where such contractual obligation exists on the Restatement Effective Date or on the date such entity becomes
a Consolidated Subsidiary, as long as such contractual obligation was not entered into in contemplation of such person becoming a Consolidated
Subsidiary) from Guaranteeing the Obligations or that would require a governmental (including regulatory) or third party consent, approval,
license or authorization to Guarantee the Obligations (including under any financial assistance, corporate benefit, thin capitalization,
capital maintenance, liquidity maintenance or similar legal principles) for so long as the applicable prohibition or restriction is in
effect and unless and until such consent has been received, it being understood that the Company and its subsidiaries shall have no obligation
to obtain any such consent, approval, license or authorization,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
not-for-profit subsidiary,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Captive Insurance Subsidiary or subsidiary that is a broker-dealer,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
special purpose entity (including a special purpose entity used for any permitted securitization or receivables facility or financing)
and any Receivables Subsidiary,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
any FSHCO or (ii) any Domestic Subsidiary or Canadian Subsidiary that is a direct or indirect subsidiary of any Foreign Subsidiary or
any FSHCO,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Subsidiary that is not a wholly-owned Consolidated Subsidiary,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Consolidated Subsidiary acquired pursuant to an acquisition or other Investment permitted by this Agreement that has Indebtedness at the
time of such acquisition or Investment, and not incurred in contemplation thereof, and any Consolidated Subsidiary thereof that guarantees
such Indebtedness, in each case to the extent the terms of such Indebtedness prohibit such Consolidated Subsidiary from becoming a Subsidiary
Loan Party,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Consolidated Subsidiary if the provision of a Guarantee of the Obligations could reasonably be expected to result in adverse tax or regulatory
consequences to any Loan Party or any of its subsidiaries or parent companies that are not de minimis as determined by the Company in
good faith, and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
other Consolidated Subsidiary with respect to which, in the good faith judgment of the Administrative Agent and the Company, the burden
or cost of Guaranteeing the Obligations outweighs the benefits afforded thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Excluded Taxes</U>&#8221; 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)
income, franchise or similar Taxes and branch profits Taxes, in each case, imposed on (or measured by) such Recipient&#8217;s net income
by the United States of America, (b) income, franchise or similar Taxes and branch profits Taxes, in each case, imposed by the jurisdiction
under the laws of which such Recipient is organized or in which its principal office is located or, in the case of any Lender, in which
its applicable lending office is located, or which are imposed by reason of any present or former connection between such Lender and the
jurisdiction imposing such Taxes, other than solely as a result of this Agreement or any Loan or transaction contemplated hereby, (c)
in the case of a Lender (other than an assignee pursuant to a request by the Company under Section&nbsp;&#8206;2.18(b)), any U.S. federal
withholding Tax that is in effect and would apply to amounts payable to or for the account of such Lender under applicable law at the
time such Lender becomes a party to this Agreement (or designates a new lending office), except to the extent that such Lender (or its
assignor, if any) was entitled, under applicable law at the time of designation of a new lending office (or assignment), to receive additional
amounts from the Company with respect to any such withholding Tax pursuant to Section &#8206;2.16(a), (d) any Tax that is attributable
to such Lender&#8217;s or any other recipient&#8217;s failure to comply with Section &#8206;2.16(f), (e) any U.S. federal Taxes imposed
under FATCA, and (f) any Canadian withholding tax that is imposed as a result of a Recipient not dealing at arm&#8217;s length (within
the meaning of the ITA) with the payer at the time of such payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Existing Credit Agreement</U>&#8221; has
the meaning set forth in the introductory statement of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>FATCA</U>&#8221; means Sections 1471 through
1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively comparable</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">and not materially more onerous to comply with); any current or future
regulations or official interpretations thereof; any intergovernmental agreements entered into thereunder and any law, regulation or official
guidance adopted pursuant to any such intergovernmental agreements; and any agreements entered into pursuant to Section 1471(b)(1) of
the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>FCPA</U>&#8221; means the United States
Foreign Corrupt Practices Act of 1977.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Federal Funds Effective Rate</U>&#8221;
means, for any day, the rate calculated by the NYFRB based on such day&#8217;s federal funds transactions by depository institutions (as
determined in such manner as shall be set forth on the Federal Reserve Bank of New York&#8217;s Website from time to time) and published
on the next succeeding Business Day by the NYFRB as the federal funds effective rate; <U>provided</U> that if such rate shall be less
than zero, such rate shall be deemed to be zero for all purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Federal Reserve Bank of New York&#8217;s
Website</U>&#8221; means the website of the NYFRB at http://www.newyorkfed.org, or any successor source.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Financial Officer</U>&#8221; means the
chief financial officer, principal accounting officer, treasurer, assistant treasurer or controller of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>FIRREA</U>&#8221; means the Financial Institutions
Reform, Recovery and Enforcement Act of 1989, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Fiscal Month</U>&#8221; means any fiscal
month as set forth in the calendar published by the National Retail Federation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Fiscal Year</U>&#8221; means any fiscal
year as set forth in the calendar published by the National Retail Federation setting forth the fiscal year for retailers on a 52/53 week
fiscal year ending on the Saturday on or nearest (whether following or preceding) January&nbsp;31 of the following calendar year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Flood Hazard Property</U>&#8221; means
any real property improved by a Building (as defined in the Flood Insurance Laws) or Manufactured (Mobile) Home (as defined in the Flood
Insurance Laws) that on the relevant date of determination is located in an area identified by the Federal Emergency Management Agency
(or any successor agency) as a special flood hazard area.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Flood Insurance Laws</U>&#8221; 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Floor</U>&#8221; means the benchmark rate
floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">or renewal of this Agreement or otherwise) with respect to Adjusted
Term SOFR, Adjusted Daily Simple SOFR, Adjusted Term CORRA or Adjusted Daily Simple CORRA, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Foreign Lender</U>&#8221; means any Lender
that is not a U.S. Person or, as applicable in the case of a Loan or Commitment to a Canadian Borrower, a Lender that is not resident
in Canada for purposes of the ITA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Foreign Subsidiary</U>&#8221; means any
Subsidiary that is not a Domestic Subsidiary or a Canadian Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>FSHCO</U>&#8221; means any Domestic Subsidiary
or Canadian Subsidiary that has no material assets other than the Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries
or one or more FSHCO, Cash or Cash Equivalents and other incidental assets related thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>GAAP</U>&#8221; means generally accepted
accounting principles in the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Gift Card Reserve</U>&#8221; means, at
any time, the sum of (a) 50% of the aggregate remaining amount at such time of outstanding gift certificates and gift cards sold by the
Loan Parties entitling the holder thereof to use all or a portion of the certificate or gift card to pay all or a portion of the purchase
price of Inventory and (b) 50% of the aggregate amount at such time of outstanding customer deposits and merchandise credits entitling
the holder thereof to use all or a portion of such deposit or credit to pay all or a portion of the purchase price of Inventory.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Governmental Authority</U>&#8221; means
the government of the United States of America, Canada, any other nation or any political subdivision thereof, whether state, local, provincial
or territorial, 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Guarantee</U>&#8221; of or by any Person
(the &#8220;<U>guarantor</U>&#8221;) means any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic
effect of guaranteeing any Indebtedness or other obligation of any other Person (the &#8220;<U>primary obligor</U>&#8221;) in any manner,
whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (a)&nbsp;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)&nbsp;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)&nbsp;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 obligation; <U>provided</U> that the term &#8220;Guarantee&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">shall not include endorsements for collection or deposit in the ordinary
course of business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Hazardous Materials</U>&#8221; means all
explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes or other pollutants, including petroleum or
petroleum distillates, asbestos or asbestos containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes in
each case which are regulated pursuant to any Environmental Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Hedging Agreement</U>&#8221; means any
interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest or currency
exchange rate or commodity price hedging arrangement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>High Season</U>&#8221; means the Company&#8217;s
high season for each year as determined by the appraiser selected by the Collateral Agent and identified in the most recently delivered
appraisal as required by Section 5.23(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>IBA</U>&#8221; has the meaning set forth
in Section 1.08.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Immaterial Subsidiaries</U>&#8221; means,
at any time, Consolidated Subsidiaries that (a) are Domestic Subsidiaries or Canadian Subsidiaries and (b) at such time, in the aggregate
for all such Subsidiaries, (i) directly own less than 10% of the amount of Qualifying Assets owned directly by all Consolidated Subsidiaries
that are Domestic Subsidiaries or Canadian Subsidiaries (other than Consolidated Subsidiaries described in clause (f) of the definition
of &#8220;Excluded Subsidiaries&#8221;) and (ii) directly own accounts receivable and inventory representing less than 5% of the book
value of the accounts receivable and inventory directly owned by all Consolidated Subsidiaries that are Domestic Subsidiaries or Canadian
Subsidiaries (other than Consolidated Subsidiaries described in clause (f) of the definition of &#8220;Excluded Subsidiaries&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Incremental Facility Agreement</U>&#8221;
means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Company,
the Administrative Agent and one or more Incremental Lenders, establishing Incremental Revolving Commitments of any tranche and effecting
such other amendments hereto and to the other Loan Documents as are contemplated by Section&nbsp;2.08.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Incremental Lender</U>&#8221; means a Lender
with an Incremental Revolving Commitment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Incremental Revolving Commitment</U>&#8221;
means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant to an Incremental Facility Agreement and
Section 2.08, to make Incremental Revolving Loans of any tranche, and, if provided in such Incremental Facility Agreement, to acquire
participations in Letters of Credit and Protective Advances of such tranche, expressed as an amount representing the maximum aggregate
permitted amount of such Lender&#8217;s Credit Exposure under such Incremental Facility Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Incremental Revolving Loan</U>&#8221; means
a Loan made pursuant to a tranche of Incremental Revolving Commitments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Indebtedness</U>&#8221; of any Person means,
without duplication, (a)&nbsp;all obligations of such Person for borrowed money, (b)&nbsp;all obligations of such Person evidenced by
bonds, debentures, notes or similar instruments, (c)&nbsp;all obligations of such Person in respect of the deferred purchase price of
property (other than inventory) or services (excluding accruals and trade accounts payable arising in the ordinary course of business),
(d)&nbsp;all Indebtedness of others secured by any Lien on property owned or acquired by such Person, whether or not the Indebtedness
secured thereby has been assumed, (e)&nbsp;all Guarantees by such Person of Indebtedness of others, (f)&nbsp;all Capital Lease Obligations
of such Person and (g)&nbsp;all obligations, contingent or otherwise, of such Person in respect of bankers&#8217; acceptances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Indemnified Taxes</U>&#8221; 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 Borrower under
any Loan Document and (b) to the extent not otherwise described in (a), Other Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Insolvency Laws</U>&#8221; means each of
the Bankruptcy Code, the <I>Bankruptcy and Insolvency Act</I> (Canada), the <I>Companies&#8217; Creditors Arrangement Act</I> (Canada)
and the <I>Winding-Up and Restructuring Act</I> (Canada), in each case as amended, and any other applicable state, provincial, territorial,
foreign or federal bankruptcy laws, each as now and hereafter in effect, any successors to such statutes and any other applicable insolvency
or other similar law of any jurisdiction, including any corporate law of any jurisdiction permitting a debtor to obtain a stay or a compromise
of the claims of its creditors against it and including any rules and regulations pursuant thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Intellectual Property</U>&#8221;
has the meaning assigned to such term in the Collateral Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Intercreditor Agreement</U>&#8221; means
(a) the Intercreditor Agreement dated as of June 18, 2020, among the Administrative Agent and U.S. Bank National Association, as amended,
restated, supplemented or otherwise modified from time to time or (b) any other customary intercreditor or subordination agreement or
arrangement among the Loan Parties, the Collateral Agent and the trustee, agent or other representative for holders of any Indebtedness
secured by Non-ABL Priority Collateral or second priority Liens contemplated by clause (b)(x) of <U>Section 5.08</U>, as applicable, which
intercreditor agreement shall be consistent with the then existing market practice and reasonably acceptable to the Required Lenders (it
being understood that (i) any such intercreditor agreement shall be considered approved by a Lender if made available to such Lender by
the Administrative Agent (through Intralinks or similar facility) and such Lender is informed that such intercreditor agreement shall
be considered approved by it if there is no objection within five Business Days, and no such objection is made and (ii) such intercreditor
agreement shall be deemed accepted if approved or deemed approved by the Required Lenders).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Interest Election Request</U>&#8221; means
a request by a Borrower to convert or continue a Borrowing in accordance with Section&nbsp;2.07.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Interest Payment Date</U>&#8221; means
(a)&nbsp;with respect to any ABR Loan or Canadian Prime Rate Loan (other than a Protective Advance), the last Business Day of each March,
June, September and December, (b) with respect to any Term SOFR or Term CORRA 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 SOFR or Term CORRA Borrowing with an Interest Period of more than
three-months&#8217; duration, each day prior to the last day of such Interest Period that occurs at intervals of three-months&#8217; duration
after the first day of such Interest Period, (c) with respect to any Daily Simple SOFR Loan (if such Type of Loan is applicable pursuant
to Section 2.13), (1) each date that is on the numerically corresponding date in each calendar month that is three months after the borrowing
of, or conversion to, such Daily Simple SOFR Loan (<U>provided</U> that (i)&nbsp;if any such date is not a Business Day, such date shall
be the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such
date shall be the next preceding Business Day and (ii) if there is no such numerically corresponding date in the applicable month, then
such date shall be the last Business Day of such calendar month) and (2) the Maturity Date and (d) with respect to any Protective Advance,
the day that such Loan is required to be repaid.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Interest Period</U>&#8221; means, with
respect to any Term SOFR Borrowing or Term CORRA Borrowing, the period commencing on the date of such Borrowing and ending on&nbsp;the
numerically corresponding day in the calendar month that is one, three or (except in the case of Term CORRA Borrowings) six months thereafter
or, if available from all participating Lenders, 12 months thereafter, in each case as the applicable Borrower may elect; <U>provided</U>
that (i)&nbsp;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, (ii) any Interest Period pertaining to a Term SOFR Borrowing or Term CORRA Borrowing 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, (iii)&nbsp;no tenor
that has been removed from this definition pursuant to Section 2.13(f) shall be available and (iv)&nbsp;any Interest Period that would
otherwise end after the Maturity Date will end on the Maturity Date. 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Inventory</U>&#8221; has the meaning specified
in the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Investment</U>&#8221; has the meaning set
forth in Section&nbsp;5.17.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>IRS</U>&#8221; means the United States
Internal Revenue Service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>ISP</U>&#8221; means, with respect to any
Letter of Credit, the &#8220;International Standby Practices 1998&#8221; published by the Institute of International Banking Law &amp;
Practice, Inc. (or such later version thereof as may be in effect at the time of issuance).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Issuing Bank</U>&#8221; means, as applicable,
(a) with respect to Letters of Credit to be participated in under the Revolving Commitments, (i) JPMorgan Chase Bank, N.A., in its capacity
as an issuer of Letters of Credit hereunder, (ii) Bank of America, N.A., in its capacity as an issuer of Letters of Credit (denominated
in US Dollars only) hereunder, (iii) Barclays Bank PLC, in its capacity as an issuer of Letters of Credit (standby only) hereunder, (iv)
Citibank, N.A., in its capacity as an issuer of Letters of Credit hereunder, (v) Goldman Sachs Bank USA, in its capacity as an issuer
of Letters of Credit hereunder, (vi) HSBC Bank USA, N.A., in its capacity as an issuer of Letters of Credit hereunder, (vii) Mizuho Bank,
Ltd., in its capacity as an issuer of Letters of Credit hereunder, (viii) The Huntington National Bank, in its capacity as an issuer of
Letters of Credit hereunder and (ix) any other Revolving Lender or Affiliate of a Revolving Lender designated by the Company (with such
Revolving Lender&#8217;s consent) as an Issuing Bank with respect to such Letters of Credit in a written notice to the Administrative
Agent and (viii) their respective successors in such capacity as provided in Section&nbsp;2.05(i) and (b) with respect to Letters of Credit
to be participated in under the Commitments of any other Class, (i) any Lender of such Class or Affiliate of a Lender of such Class named
as such in the Incremental Facility Agreement pursuant to which such Commitments were established, (ii) any other Lender of such Class
or Affiliate of a Lender of such Class designated by the Company (with such Lender&#8217;s consent) as an Issuing Bank with respect to
such Letters of Credit in a written notice to the Administrative Agent and (iii) its respective successors in such capacity as provided
in Section 2.05(i). Any Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by or through Affiliates
of such Issuing Bank, in which case the term &#8220;Issuing Bank&#8221; shall include any such Affiliate with respect to Letters of Credit
issued by such Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>ITA</U>&#8221; means the <I>Income Tax
Act</I> (Canada).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Judgment Currency</U>&#8221; has the meaning
set forth in Section 8.18(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>LC Commitment</U>&#8221; means, with respect
to any Issuing Bank, the maximum permitted amount of LC Exposure that may be attributable to Letters of Credit issued by such Issuing
Bank. Each Issuing Bank&#8217;s LC Commitment shall be equal to the amounts set forth in Schedule 1.01(a), or such other amount as agreed
by such Issuing Bank and the Company; <U>provided</U> that from and after the Restatement Effective Date, no Issuing Bank&#8217;s LC Commitment
shall be increased without such Issuing Bank&#8217;s consent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>LC Disbursement</U>&#8221; means a payment
made by any Issuing Bank pursuant to a Letter of Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>LC Exposure</U>&#8221; means, with respect
to any Class as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit of such
Class <U>plus</U> the aggregate of all LC Disbursements in respect of Letters of Credit of such Class that have not yet been reimbursed
by or on behalf of the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">applicable Borrowers at such time. For purposes of computing the amount
available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06.
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 reason of the operation of any rule of law or standard practices to which any Letter of Credit is subject (including
Rules&nbsp;3.13 and 3.14 of the ISP and Article 36 of the UCP), such Letter of Credit shall be deemed to be &#8220;outstanding&#8221;
in the amount so remaining available to be drawn. The LC Exposure with respect to any Class of any Lender of such Class at any time shall
be its Applicable Percentage in respect of such Class of the total LC Exposure in respect of such Class at such time, subject to adjustment
pursuant to any LC Exposure Reallocation. An LC Exposure Reallocation permitted hereunder shall be effective upon election by the Company
as provided in Section&nbsp;2.19, and shall be rescinded with respect to any Lender that is a Defaulting Lender at the time it ceases
to be a Defaulting Lender or at the time its applicable Commitment is assigned pursuant to Section&nbsp;2.18(b) or terminated pursuant
to Section&nbsp;2.18(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>LC Exposure Reallocation</U>&#8221; means
an adjustment to the LC Exposure of each Lender of any applicable Class that is a non-Defaulting Lender, to take account of a Lender or
Lenders of such Class being or becoming a Defaulting Lender, that increases the LC Exposure of each Lender of such Class that is not a
Defaulting Lender to equal its Applicable Percentage in respect of such Class (determined as though the Commitment of each Lender of such
Class that is a Defaulting Lender were reduced to zero) of the total LC Exposure in respect of such Class, in order to support its ratable
share of the LC Exposure of such Class of the relevant Defaulting Lender or Defaulting Lenders. In the event of an LC Exposure Reallocation
(a)&nbsp;the LC Exposure of the relevant Lender that is a Defaulting Lender shall not be decreased, but (b)&nbsp;the LC Exposure of each
Lender of the applicable Class that is not a Defaulting Lender shall be increased as provided above, and such Lender&#8217;s increased
LC Exposure of such Class shall apply for all purposes of this Agreement, including for purposes of determining its Credit Exposure and
participation fees payable with respect to its LC Exposure. Notwithstanding any other provision of this Agreement, an LC Exposure Reallocation
shall not be permitted if, after giving effect thereto, the Credit Exposure of any Lender of such Class shall exceed its Commitment of
such Class.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Lenders</U>&#8221; means the Persons listed
on Schedule&nbsp;2.01 and any other Person that shall have become a party hereto (i)&nbsp;pursuant to an accession agreement as contemplated
in Section&nbsp;2.08(d), (ii)&nbsp;pursuant to an Assignment and Assumption as contemplated in Section&nbsp;8.04(b), other than any such
Person that ceases to be a party hereto pursuant to an Assignment and Assumption or (iii) pursuant to an Incremental Facility Agreement.
Unless the context otherwise requires, the term &#8220;Lenders&#8221; includes the Administrative Agent in its capacity as lender of Protective
Advances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Letter of Credit</U>&#8221; means any letter
of credit issued pursuant to this Agreement and shall include, if applicable, any bankers&#8217; acceptance resulting from any such letter
of credit, so long as such banker&#8217;s acceptance matures within the period provided for in Section 2.05(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Liabilities</U>&#8221; means any losses,
claims (including intraparty claims), demands, damages or liabilities of any kind.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Lien</U>&#8221; means, with respect to
any asset, any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of such asset.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Loan Documents</U>&#8221; means this Agreement,
the Collateral Documents and the Restatement Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Loan Parties</U>&#8221; means the Borrowers
and the Subsidiary Loan Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Loans</U>&#8221; means the loans (including
Protective Advances) made by the Lenders to the Borrowers pursuant to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Material Adverse Effect</U>&#8221; means
a material adverse effect on (a)&nbsp;the business, financial position or results of operations of the Company and the Consolidated Subsidiaries,
taken as a whole, (b)&nbsp;the ability of any Borrower to perform any of its obligations under this Agreement or (c)&nbsp;the rights of
or benefits available to the Lenders under this Agreement or the Collateral Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Material Indebtedness</U>&#8221; means
Indebtedness (other than the Loans and Letters of Credit), or obligations in respect of one or more Hedging Agreements, of any one or
more of the Company and its Consolidated Subsidiaries in an aggregate principal amount exceeding $100,000,000. For purposes of determining
Material Indebtedness, the &#8220;principal amount&#8221; of the obligations of the Company or any Consolidated Subsidiary in respect
of any Hedging Agreement at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that the Company
or such Consolidated Subsidiary would be required to pay if such Hedging Agreement were terminated at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Material Subsidiary</U>&#8221; means any
(i) Designated Real Estate Subsidiary or (ii) Consolidated Subsidiary that (a) is a wholly-owned Domestic Subsidiary or a wholly-owned
Canadian Subsidiary and (b) is not an Excluded Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Maturity Date</U>&#8221; means May 22,
2030; <U>provided</U> that in the event that (i) Specified Excess Availability projected by the Borrowers on a reasonable basis for each
of the 60 days immediately preceding and each of the 60 days succeeding the maturity date for a series of Senior Notes with an outstanding
principal amount at such time exceeding $50,000,000 (the &#8220;<U>Subject Notes</U>&#8221;) is less than $200,000,000 (calculated on
a pro forma basis for the repayment of the Subject Notes) and (ii) the ratio of Consolidated EBITDAR to Consolidated Fixed Charges for
the most recent Test Period is less than 1.10 to 1.00 (calculated on a pro forma basis for the repayment of the Subject Notes), then the
Maturity Date shall be the date that is 91 days prior to the scheduled maturity date of such series of Senior Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Maximum Borrowing Amount</U>&#8221; means,
at any time, the lesser of (a) the Aggregate Commitments at such time and (b) the Borrowing Base at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Moody&#8217;s</U>&#8221; means Moody&#8217;s
Investors Service, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Mortgage</U>&#8221; means a mortgage, deed
of trust, assignment of leases and rents or other security document granting a Lien on any Mortgaged Property in favor of the Collateral
Agent to secure the Obligations. Each Mortgage shall be in form and substance reasonably satisfactory to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Mortgaged Property</U>&#8221; means each
parcel of real property (together with any adjoining or other parcels of real property integral to the operation of any facility owned
by any Loan Party that shall be subject to a Mortgage; <U>provided</U> that such additional parcels of real property shall not constitute
Mortgaged Property if the applicable Loan Party is unable to deliver a Mortgage encumbering such additional parcels despite using commercially
reasonable efforts to deliver them) located in the United States of America owned in fee by a Loan Party, and the improvements thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Multiemployer Plan</U>&#8221; means a multiemployer
plan as defined in Section&nbsp;4001(a)(3) of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Net Orderly Liquidation Value</U>&#8221;
means, with respect to Inventory of any Person, the orderly liquidation value thereof as identified in the most recent field examination
or Inventory appraisal conducted pursuant to Section 5.23, as applicable, net of all costs of liquidation thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Non-ABL Priority Collateral</U>&#8221;
means, at any time, all the following assets that constitute Collateral, whether now owned or hereafter acquired and wherever located:
(a) all real property, related appurtenant rights and Fixtures and interests therein (including both fee and leasehold interests) (x)
located outside the United States of America and (y) located in the United States of America if Eligible Real Property is not included
in the Borrowing Base at such time; (b) all Equipment; (c) all Intellectual Property (other than any computer programs and any support
and information relating thereto that constitute Inventory); (d) all Equity Interests and other Investment Property (other than Investment
Property constituting ABL Priority Collateral under clause (d) or (g) of the definition of such term); (e) all Commercial Tort Claims;
(f) all insurance policies relating to Non-ABL Priority Collateral, but, for the avoidance of doubt, excluding business interruption insurance
and credit insurance with respect to any Accounts; (g) except to the extent constituting ABL Priority Collateral under clause (g) of the
definition of such term, all Documents, all General Intangibles, all Instruments and all Letter-of-Credit Rights; (h) all other Collateral
not constituting ABL Priority Collateral; (i) all collateral and guarantees given by any other Person with respect to any of the foregoing,
and all Supporting Obligations (including Letter-of-Credit Rights) with respect to any of the foregoing; (j) all books and Records to
the extent relating to any of the foregoing; and (k) all products and Proceeds of the foregoing. Notwithstanding the foregoing, the term
&#8220;Non-ABL Priority Collateral&#8221; shall not include any assets referred to in clauses (a) through (e) of the definition of the
term &#8220;ABL Priority Collateral&#8221;. Capitalized terms used in this definition but not defined herein have the meanings assigned
to them in the Collateral Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Non-Consenting Lender</U>&#8221; means
any Lender that withholds its consent to any proposed amendment, modification or waiver that cannot become effective without the consent
of such Lender under Section 8.02 or Section 8.02A, and that has been consented to by the Required Lenders (or (a) in circumstances where
Section 8.02 does not require the consent of the Required Lenders as a result of clause&nbsp;(ii) of the second proviso in Section 8.02(b),
a majority in interest of the Lenders of the affected Class or (b) in circumstances where Section 8.02A does not require the consent of
the Required Lenders, the Supermajority Lenders).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>NYFRB</U>&#8221; means the Federal Reserve
Bank of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>NYFRB Rate</U>&#8221; 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); <U>provided</U> that if none of such rates are
published for any day that is a Business Day, the term &#8220;NYFRB Rate&#8221; shall mean the rate for a federal funds transaction quoted
at 11:00 a.m., New York&nbsp;City time, on such day received by the Administrative Agent from a Federal funds broker of recognized standing
selected by it; <U>provided, further</U>, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to be
zero for purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>OA Payment Obligations</U>&#8221; has the
meaning assigned to such term in the definition of &#8220;Open Account Agreement&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Obligations</U>&#8221; has the meaning
set forth in the Collateral Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>OFAC</U>&#8221; means the U.S. Department
of Treasury&#8217;s Office of Foreign Asset Control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Open Account Agreement</U>&#8221; means
any agreement between or among a Lender or any of its Affiliates and the Company or any Subsidiary, as identified to the Collateral Agent
as an &#8220;Open Account Agreement&#8221; for purposes of this Agreement by the Company from time to time, pursuant to which the Company
or such Subsidiary has committed to pay such Lender or its Affiliates (a) amounts on account of any account receivable purchased by such
Lender or its Affiliates from certain vendors of the Company and its Consolidated Subsidiaries, (b) amounts on account of any account
payable of the Company or such Subsidiary owing to certain of its vendors that such Lender or its Affiliates has paid on behalf of the
Company or such Subsidiary (including, for the avoidance of doubt, any so called &#8220;payment undertaking&#8221; or &#8220;corporate
payment undertaking&#8221;-based buyer-centric supply chain finance programs), (c)&nbsp;the amount of any overdrafts created by such Lender
or its Affiliates to pay vendors other than those referred to in clauses (a) and (b) above, and (d) certain processing fees thereunder
(the obligations to pay the amounts referred to in clauses (a), (b), (c) and (d), collectively, the &#8220;<U>OA Payment Obligations</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Other Taxes</U>&#8221; means any and all
present or future recording, stamp, documentary, intangible filing, excise, property or similar taxes, charges or levies imposed by the
United States of America or any political subdivision thereof arising from</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">any payment made under, from the execution, delivery, performance,
enforcement or registration of, or from the registration, receipt or perfection of a security interest under, or otherwise with respect
to, this Agreement or any other Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Overnight Bank Funding Rate</U>&#8221;
means, for any day, the rate comprised of both overnight federal funds and overnight eurodollar transactions denominated in US Dollars
by U.S.-managed banking offices of depository institutions, as such composite rate shall be determined by the NYFRB as set forth on the
Federal Reserve Bank of New York&#8217;s Website from time to time, and published on the next succeeding Business Day by the NYFRB as
an overnight bank funding rate (from and after such date as the NYFRB shall commence to publish such composite rate).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Participant Register</U>&#8221; has the
meaning set forth in Section&nbsp;8.04(c)(iii).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Patriot Act</U>&#8221; has the meaning
set forth in Section&nbsp;8.15.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Payment</U>&#8221; has the meaning set
forth in Section 7.03.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Payment Conditions</U>&#8221; means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">in respect of any Restricted Payment to be made in
reliance on such conditions, on a pro forma basis, on each of the 30 days immediately preceding such Restricted Payment, and projected
on a reasonable basis for each of the 30 days succeeding such Restricted Payment, either (i)&nbsp;both (x) the ratio of Consolidated EBITDAR
to Consolidated Fixed Charges for the most recent Test Period is greater than 1.00 to 1.00 and (y) Specified Excess Availability is greater
than the greater of (A) $120,000,000 and (B) 20% of the Maximum Borrowing Amount or (ii) Specified Excess Availability is greater than
the greater of (A) $160,000,000 and (B) 25% of the Maximum Borrowing Amount, and, in each case, the absence of an Event of Default; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(Y) in respect of any Investment to be made in reliance
on such conditions, on a pro forma basis, on each of the 30 days immediately preceding such Investment, and projected on a reasonable
basis for each of the 30 days succeeding such Investment, either (i)&nbsp;both (x) the ratio of Consolidated EBITDAR to Consolidated Fixed
Charges for the most recent Test Period is greater than 1.00 to 1.00 and (y) Specified Excess Availability is greater than the greater
of (A) $80,000,000 and (B) 17.5% of the Maximum Borrowing Amount or (ii) Specified Excess Availability is greater than the greater of
(A) $120,000,000 and (B) 20% of the Maximum Borrowing Amount, and, in each case, the absence of an Event of Default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Payment Notice</U>&#8221; has the meaning
set forth in Section 7.03.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Payment Intangibles</U>&#8221; has the
meaning specified in the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>PBGC</U>&#8221; means the Pension Benefit
Guaranty Corporation referred to and defined in ERISA and any successor entity performing similar functions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Periodic Term CORRA Determination Day</U>&#8221;
has the meaning set forth in the definition of &#8220;Term CORRA&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Permitted Discretion</U>&#8221; means a
determination made by the Collateral Agent in good faith and in the exercise of reasonable (from the perspective of a secured asset-based
lender) business judgment in accordance with the Collateral Agent&#8217;s credit policies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Permitted Encumbrances</U>&#8221; means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5in; text-indent: -0.5in">Liens imposed by law for taxes that
are not yet due;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">carriers&#8217;, warehousemen&#8217;s, mechanics&#8217;,
materialmen&#8217;s, repairmen&#8217;s, landlord&#8217;s and other like Liens imposed by law, arising in the ordinary course of business
and securing obligations that are not overdue by more than 30 days;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">pledges and deposits made in the ordinary course
of business in compliance with workers&#8217; compensation, unemployment insurance and other social security laws or regulations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">deposits to secure the performance of bids, trade
contracts, leases, statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature, in each case
in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">judgment liens in respect of judgments that do not
constitute an Event of Default under clause (i) of Section&nbsp;6.01;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">easements, zoning restrictions, rights&#45;of&#45;way
and similar encumbrances on real property imposed by law or arising in the ordinary course of business that do not secure any monetary
obligations and do not materially detract from the value of the affected property or interfere with the ordinary conduct of business of
the Company or any Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Liens in favor of sellers of goods arising under
Article&nbsp;2 of the UCC or similar provisions of applicable law in the ordinary course of business, covering only the goods sold and
securing only the unpaid purchase price for such goods and related expenses;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Liens securing obligations in respect of trade letters
of credit; provided that such Liens do not extend to any property other than the goods financed or paid for with such letters of credit,
documents of title in respect thereof and proceeds thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Liens (i) arising by operation of law under Article
4 of the UCC in connection with collection of items provided for therein, and (ii) in favor of a banking or other financial institution
arising as a matter of law or under customary general terms and conditions encumbering deposits or other funds maintained with a financial
institution (including the right of set-off) and which are within the general parameters customary in</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">the banking industry or arising pursuant to such banking institution&#8217;s
general terms and conditions;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">leases, licenses, subleases or sublicenses granted
to others in the ordinary course of business which do not (i) interfere in any material respect with the business of the Company or any
Consolidated Subsidiary, taken as a whole, or (ii) secure any Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Liens arising out of conditional sale, title retention,
consignment or similar arrangements for sale of goods entered into by the Company or any of its Consolidated Subsidiaries in the ordinary
course of business permitted by this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Liens encumbering reasonable customary initial deposits
and margin deposits and similar Liens attaching to commodity trading accounts or other brokerage accounts incurred in the ordinary course
of business and not for speculative purposes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Liens that are contractual rights of set-off (i)
relating to the establishment of depository relations with banks not given in connection with the issuance of Indebtedness, (ii) relating
to pooled deposit or sweep accounts of the Company or any Subsidiary Loan Party to permit satisfaction of overdraft or similar obligations
incurred in the ordinary course of business of the Company and the Subsidiary Loan Parties or (iii) relating to purchase orders and other
agreements entered into with customers of the Company or any Subsidiary Loan Party in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Liens solely on any cash earnest money deposits made
by the Company or any Subsidiary Loan Party in connection with any letter of intent or purchase agreement permitted hereunder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Liens arising from precautionary UCC filings regarding
&#8220;true&#8221; operating leases or the consignment of goods to a Loan Party; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Liens on insurance proceeds incurred in the ordinary
course of business in connection with the financing of insurance premiums;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>provided</U> that the term &#8220;Permitted Encumbrances&#8221;
shall not include any Lien securing Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Permitted Non-ABL
Indebtedness</U>&#8221; means any Indebtedness of the Company or any other Loan Party permitted under Section&nbsp;5.10(k) or (l).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Permitted Non-ABL
Indebtedness Documents</U>&#8221; means any credit agreement, indenture or other agreement, instrument or other document evidencing or
governing any Permitted Non-ABL Indebtedness or providing for any Guarantee or other right in respect thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Person</U>&#8221; means any natural person,
corporation, limited liability company, unlimited liability corporation, trust, joint venture, association, company, partnership, Governmental
Authority or other entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Plan</U>&#8221; means any &#8220;employee
pension benefit plan&#8221; as defined in Section 3(2) of the ERISA (other than a Multiemployer Plan) subject to the provisions of Title&nbsp;IV
of ERISA or Section&nbsp;412 of the Code or Section&nbsp;302 of ERISA, and in respect of which the Company or any ERISA Affiliate is (or,
if such plan were terminated, would under Section&nbsp;4069 of ERISA be deemed to be) an &#8220;employer&#8221; as defined in Section&nbsp;3(5)
of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>PPSA</U>&#8221; means the <I>Personal Property
Security Act</I> (Ontario), including the regulations thereto, provided that, if validity, perfection or the effect of perfection or non-perfection
or the priority of any Lien created hereunder on the Collateral is governed by the personal property security legislation or other applicable
legislation with respect to personal property security in effect in a jurisdiction other than Ontario, &#8220;PPSA&#8221; means the <I>Personal
Property Security Act</I> or such other applicable legislation in effect from time to time in such other jurisdiction for purposes of
the provisions hereof relating to such validity, perfection, effect of perfection or non-perfection or priority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Prime Rate</U>&#8221; means the rate of
interest last quoted by The Wall Street Journal as the &#8220;Prime Rate&#8221; 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 in Federal Reserve Statistical Release H.15 (519) (Selected Interest
Rates) as the &#8220;bank prime loan&#8221; 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 (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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Protective Advance Exposure</U>&#8221;
means, at any time, the sum of the principal amounts of all outstanding Protective Advances at such time. The Protective Advance Exposures
of any Lender at any time shall be its Applicable Percentage of the total Protective Advance Exposures at such time, adjusted to give
effect to any reallocation under Section 2.19 of the Protective Advance Exposures of Defaulting Lenders in effect at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Protective Advances</U>&#8221; has the
meaning set forth in Section 2.04(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>PTE</U>&#8221; 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>QFC</U>&#8221; has the meaning assigned
to the term &#8220;qualified financial contract&#8221; in, and shall be interpreted in accordance with, 12 U.S.C. &sect; 5390(c)(8)(D).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>QFC Credit Support</U>&#8221; has the meaning
set forth in Section 8.21.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Qualifying Assets</U>&#8221; means any
and all assets directly owned by the Consolidated Subsidiaries that are Domestic Subsidiaries or Canadian Subsidiaries, other than (a)
real property, including improvements thereto and fixtures, (b) aircraft and (c) investments in the Company or any of its Subsidiaries.
The amount or value of any Qualifying Assets at any time shall be the book value thereof at such time determined in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Real Property Appraisal</U>&#8221; means
an appraisal report from an appraisal firm satisfactory to the Collateral Agent, complying with the requirements of FIRREA and dated no
more than 60 days prior to the date of delivery to the Collateral Agent, in form and substance satisfactory to the Collateral Agent in
its Permitted Discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Real Property Exclusion Notice</U>&#8221;
means a written notice to the Collateral Agent from the Company, signed by a Financial Officer of the Company and certifying (i) that
the Company elects to exclude Eligible Real Property from the Borrowing Base and (ii) that either (x) the ratio of Consolidated EBITDAR
to Consolidated Fixed Charges for the most recent Test Period is greater than 1.10 to 1.00 or (y) Specified Excess Availability is greater
than $240,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Receivables Facility</U>&#8221; means any
of one or more transactions pursuant to which the Company or any of the Consolidated Subsidiaries sells or conveys Receivables Facility
Assets to a Receivables Subsidiary that borrows or issues debt on a secured basis against Receivables Facility Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Receivables Facility Assets</U>&#8221;
means (a) Accounts that are excluded from Eligible Accounts pursuant to clause (g)(i) or (l) of the definition thereof and, in each case,
any related assets and rights (including any collateral securing such Accounts, any contract rights in respect of such Accounts, proceeds
collected on such Accounts, lockbox accounts into which such proceeds are collected and related records) customarily transferred in connection
with similar receivables financing or securitization transactions and/or (b) Equity Interests issued by any Receivables Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Receivables Facility Guarantee</U>&#8221;
means (i) any guarantee of performance and related indemnification entered into by the Company or any Consolidated Subsidiary in respect
of the obligations of a seller or servicer of Receivables Facility Assets in a Receivables Facility or (ii) any other guarantee of performance
entered into by the Company or any Consolidated Subsidiary which the Company has determined in good faith to be customary in a Receivables
Facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Receivables Subsidiary</U>&#8221; means
a Consolidated Subsidiary (x) formed as a special purpose entity for the purpose of facilitating or entering into one or more Specified
Receivables Facilities and promptly identified in writing to the Administrative Agent as a Receivables Subsidiary and (y) engaged only
in activities reasonably related or incidental to Specified Receivables Facilities (it being understood and agreed that any entity formed
solely for the purpose of holding any bank account into which collections or other proceeds of Receivables Facility Assets are paid shall
satisfy the requirement in clause (y) above).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Recipient</U>&#8221; means (a) the Administrative
Agent, (b) any Lender and (c) any Issuing Bank, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Reference Time</U>&#8221; with respect
to any setting of the then-current Benchmark means (a) if such Benchmark is Term SOFR, 5:00 a.m., Chicago time, on the day that is two
U.S. Government Securities Business Days preceding the date of such</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">setting, (b) if such Benchmark is Term CORRA, 1:00 p.m., Toronto time,
on the day that is two Business Days preceding the date of such setting and (c) if such Benchmark is neither Term SOFR nor Term CORRA,
the time determined by the Administrative Agent in its reasonable discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Register</U>&#8221; has the meaning set
forth in Section&nbsp;8.04.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Registration Statement</U>&#8221; means
the registration statement filed with the SEC on June 21, 2021, as amended from time to time prior to the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Related Parties</U>&#8221; means, with
respect to any specified Person, such Person&#8217;s Affiliates and the respective directors, officers, employees, agents and advisors
of such Person and such Person&#8217;s Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Relevant Governmental Body</U>&#8221; means
(i) with respect to a Benchmark Replacement in respect of Loans denominated in US Dollars, the Board and/or the NYFRB, or a committee
officially endorsed or convened by the Board 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 CAD, (a) the Bank of Canada or any central bank or other supervisor which is responsible
for supervising either (1)&nbsp;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 Bank of Canada, (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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Reports</U>&#8221; means reports prepared
by any Agent or another Person showing the results of appraisals, field examinations or audits pertaining to the assets of any Loan Party
from information furnished by or on behalf of any Loan Party, which Reports (except where prepared for internal purposes of the Agents)
shall be distributed to the Lenders by the Agents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Required Lenders</U>&#8221; means, at any
time, Lenders having Credit Exposures and unused Commitments representing more than 50% of the sum of the Aggregate Credit Exposure and
total unused Commitments at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Required Real Property Documentation</U>&#8221;
means (x) the documentation described in clauses (ii), (iv), (v) and (vi) of the definition of &#8220;Eligible Real Property&#8221; and
(y) a written notice to the Collateral Agent from the Company stating that the Company elects to include such Eligible Real Property in
the Borrowing Base.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Required Secured Parties</U>&#8221; has
the meaning set forth in the Collateral Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Reserves</U>&#8221; means any and all reserves
which the Collateral Agent deems it appropriate, in its Permitted Discretion, to maintain (including, without limitation, reserves for
excise tax collection and sales tax collection, transportation reserves, reserves for accrued and unpaid interest on the Obligations,
volatility reserves, reserves</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">for rent at locations leased by any Loan Party and for consignee&#8217;s,
warehousemen&#8217;s and bailee&#8217;s charges, reserves for dilution of Accounts, reserves in respect of Inventory, reserves for customs
charges and shipping charges related to any Inventory in transit, reserves for obligations related to any Hedging Agreement that is secured
on a pari passu basis with the Obligations, reserves for contingent liabilities of any Loan Party, Gift Card Reserves, Specified OA Payment
Obligation Reserves, reserves for uninsured losses of any Loan Party, reserves for uninsured, underinsured, un-indemnified or under-indemnified
liabilities or potential liabilities with respect to any litigation and reserves for taxes, fees, assessments, and other governmental
charges) with respect to the Collateral or any Loan Party. No Reserves may be taken or increased after October 15, 2020 (the &#8220;<U>Reference
Date</U>&#8221;) based on circumstances, conditions, events or contingencies known to the Administrative Agent as of the Reference Date,
and for which no Reserves were imposed on the Reference Date, unless such circumstances, conditions, events or contingencies shall have
changed in any material adverse respect since the Reference Date as determined by the Collateral Agent in its Permitted Discretion. Notwithstanding
any other provision of this Agreement to the contrary, (a) in no event shall Reserves (or changes in Reserves) with respect to any component
of the Borrowing Base duplicate Reserves or adjustments already accounted for in determining eligibility criteria (including collection
and/or advance rates) and (b) the amount of any such Reserve (or change in Reserve) shall be a reasonable quantification of the incremental
dilution of the Borrowing Base attributable to the relevant contributing factors or shall have a reasonable relationship to the event,
condition or other matter that is the basis for such Reserve or change.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Resolution Authority</U>&#8221; means an
EEA Resolution Authority or, with respect to any U.K. Financial Institution, a U.K. Resolution Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Restatement Agreement</U>&#8221; has the
meaning set forth in the introductory statement of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Restatement Effective Date</U>&#8221; means
August&nbsp;2, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Restricted Payment</U>&#8221; means any
dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests in the Company or
any Consolidated Subsidiary, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit,
on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any Equity Interests in the Company or
any Consolidated Subsidiary; <U>provided</U> that a dividend, distribution or payment payable solely in Equity Interests (other than Disqualified
Equity Interests) in the Company or applicable Consolidated Subsidiary shall not constitute a Restricted Payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Revolving Commitment</U>&#8221; means,
with respect to each Revolving Lender, the commitment, if any, of such Revolving Lender to make Revolving Loans and to acquire participations
in Letters of Credit and Protective Advances hereunder, expressed as an amount representing the maximum aggregate permitted amount of
such Revolving Lender&#8217;s Revolving Exposure hereunder, as such commitment may be (a) reduced or increased 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&nbsp;8.04.
The</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">initial amount of each Revolving Lender&#8217;s Revolving Commitment
is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Revolving Lender shall have assumed its Revolving
Commitment, as applicable. The initial amount of the total Revolving Commitments is $750,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Revolving Exposure</U>&#8221; means, with
respect to any Revolving Lender at any time, the sum at such time, without duplication, of (a) the US Dollar Equivalents of the principal
amounts of such Revolving Lender&#8217;s outstanding Revolving Loans and (b) the US Dollar Equivalent of the aggregate amount of such
Revolving Lender&#8217;s LC Exposure and Protective Advance Exposures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Revolving Lender</U>&#8221; means a Lender
with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Revolving Loan</U>&#8221; means a Loan
made pursuant to Section 2.01(a)(i) or Section 2.01(a)(ii).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>S&amp;P</U>&#8221; means Standard &amp;
Poor&#8217;s Ratings Services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Sanctioned Country</U>&#8221; means any
country that is the subject of comprehensive territorial Sanctions (as of the date of this Agreement, the so-called Donetsk People&#8217;s
Republic, the so-called Luhansk People&#8217;s Republic, the non-Ukrainian government-controlled areas of the Kherson and Zaporizhzhia
regions of Ukraine, the Crimea Region of Ukraine, Cuba, Iran, North Korea and Syria).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Sanctioned Person</U>&#8221; means at any
time (a) any Person named at such time on (i) the SDN List, (ii) the Sanctioned Entities List maintained by the U.S. Department of State,
(iii) the consolidated list of persons, groups and entities subject to European Union financial sanctions maintained by the European Union
External Action Committee, (iv) the Consolidated List of Financial Sanctions Targets in the UK maintained by His Majesty&#8217;s Treasury
of the United Kingdom, (v) the Compendium of United Nations Security Council Sanctions Lists and (vi) any Sanctions-related list of designated
Persons maintained by the Government of Canada pursuant to, or as described in, any applicable Canadian Economic Sanctions and Export
Control Laws, (b) any Person located, organized or resident in a Sanctioned Country, or (c) any Person 50% or more owned or controlled
by any Person or Persons in (a)(i) of this definition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Sanctions</U>&#8221; means any economic
or financial sanctions or trade embargoes imposed, administered or enforced by the U.S. government, including the OFAC, the U.S. Department
of State, the European Union, the United Nations Security Council, His Majesty&#8217;s Treasury or the Government of Canada.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Seasonal Inventory Advance Period</U>&#8221;
means a period of three consecutive fiscal months during each High Season determined by the Borrower and specified in the first Borrowing
Base Certificate that includes the start of such period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Second Restatement Effective Date</U>&#8221;
means May 22, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Secured Parties</U>&#8221; has the meaning
set forth in the Collateral Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Senior Notes</U>&#8221; means each of (a)
the Company&#8217;s 6.694% Senior Notes due January 2027, (b) the Company&#8217;s 5.250% Senior Notes due February 2028, (c) the Company&#8217;s
7.500% Senior Notes due June 2029 issued pursuant to the indenture dated as of June 18, 2020, among the Company, the guarantors party
thereto and the U.S. Bank National Association, as trustee, (d) the Company&#8217;s 6.625% Senior Notes due October 2030, (e) the Company&#8217;s
6.875% Senior Notes due November 2035, (f) the Company&#8217;s 6.750% Senior Notes due July 2036, (g) the Company&#8217;s 6.950% Senior
Notes due March 2033 and (h) the Company&#8217;s 7.600% Senior Notes due March 2037.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>SOFR</U>&#8221; means a rate equal to the
secured overnight financing rate as administered by the SOFR Administrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>SOFR Administrator</U>&#8221; means the
NYFRB (or a successor administrator of the secured overnight financing rate).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>SOFR Administrator&#8217;s Website</U>&#8221;
means the Federal Reserve Bank of New York&#8217;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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>SOFR Determination Date</U>&#8221; has
the meaning specified in the definition of &#8220;Daily Simple SOFR&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>SOFR Rate Day</U>&#8221; has the meaning
specified in the definition of &#8220;Daily Simple SOFR&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Specified Date</U>&#8221; means the date
that is 180 days after the Maturity Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Specified Event of Default</U>&#8221; means
an Event of Default (a) arising under clause (a) of Section 6.01, whether at stated maturity, upon acceleration or otherwise, (b) arising
with respect to any Loan Party under clause (e) of Section 6.01, (c) resulting from the Company&#8217;s failure to comply with Section
5.01(a)(iii) or from any representation or warranty contained in any Borrowing Base Certificate proving to have been incorrect in any
material respect in a manner adverse to the interests of the Lenders when made or deemed made or (d) resulting from the Company&#8217;s
failure to comply with Section 5.06 or 5.22.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Specified Excess Availability</U>&#8221;
means, at any time, the sum of (a) Excess Availability at such time, plus (b) Suppressed Availability at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Specified OA Payment Obligation Reserves</U>&#8221;
means, at any time, an amount (to the extent positive) equal to (x) the aggregate amount owing to the counterparty or lender (together
with its Affiliates) under any Open Account Agreement with respect to OA Payment Obligations at such time <U>minus</U> (y) 5% of the Maximum
Borrowing Amount at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Specified Receivables Facility</U>&#8221;
means any Receivables Facility that meets the following conditions: (a) the Company shall have determined in good faith that such Receivables
Facility (including financing terms, covenants, termination events and other provisions) is in the aggregate economically fair, reasonable
and beneficial to the Company; (b) all sales or other conveyances of Receivables Facility Assets by the Company or applicable Consolidated
Subsidiary to any Receivables Subsidiary are made for fair market value; (c) the financing terms, covenants, termination events and other
provisions thereof shall be on market terms and may include Standard Receivables Undertakings; (d) the obligations under such Receivables
Facility shall not be guaranteed by, or secured by assets of, the Company or any of its Consolidated Subsidiaries, other than a Receivables
Subsidiary (it being agreed that the foregoing shall not prohibit Standard Receivables Undertakings, or precautionary financing statements
or similar filings, in respect of Receivables Facility Assets); and (e) the aggregate amount of such Receivables Facility, together with
all other Specified Receivables Facilities, shall not exceed the greater of (x) $120,000,000 and (y) 60% of the aggregate Accounts excluded
from Eligible Accounts pursuant to clauses (g)(i) and (l) of the definition thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Spot Rate</U>&#8221; for a currency means
the arithmetic average of the spot rates of exchange determined by the Administrative Agent or the Issuing Bank, as applicable, to be
the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency
through its foreign currency exchange operations in respect of such currency are then being conducted, at or about such time as the Administrative
Agent or the Issuing Bank shall elect after determining that such rates shall be the basis for determining the Exchange Rate, on such
date for the purchase of US Dollars for delivery two Business Days later; <U>provided</U> that the Administrative Agent or the Issuing
Bank may obtain such spot rate from another financial institution designated by the Administrative Agent or the Issuing Bank if the Person
acting in such capacity does not have as of the date of determination a spot buying rate for any such currency; and <U>provided further</U>
that if at the time of any such determination, for any reason, no such spot rate is being quoted, the Administrative Agent or the Issuing
Bank may use any reasonable method it deems appropriate to determine such rate, and such determination shall be conclusive absent manifest
error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Standard Receivables Undertakings</U>&#8221;
means any Receivables Facility Guarantee and/or any representations, warranties, covenants and indemnities entered into by the Company
or any Consolidated Subsidiary which the Company has determined in good faith to be customary in a Receivables Facility, including, without
limitation, those relating to the servicing of the assets of a Receivables Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>subsidiary</U>&#8221; means, with respect
to any Person (the &#8220;<U>parent</U>&#8221;) 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&#8217;s consolidated financial statements if
such financial statements were prepared in accordance with GAAP as of such date, as well as any other corporation, limited liability company,
partnership, association or other entity (a)&nbsp;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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">partnership interests are, as of such date, owned, controlled or held,
or (b)&nbsp;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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Subsidiary</U>&#8221; means any subsidiary
of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Subsidiary Loan Party</U>&#8221; means,
at any time, any Material Subsidiary that is a party to a Collateral Agreement and has satisfied the Collateral and Guarantee Requirement
at such time. A Consolidated Subsidiary that has satisfied the Collateral and Guarantee Requirement shall cease to be a Subsidiary Loan
Party at such time as its Guarantee of the Obligations, and the security interests in its assets securing the Obligations, in each case
under the applicable Collateral Agreement, are released, subject to reinstatement as a Subsidiary Loan Party if and when it subsequently
satisfies the Collateral and Guarantee Requirement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Supermajority Lenders</U>&#8221; means,
at any time, Lenders having Credit Exposures and unused Commitments representing at least 66.7% of the sum of the Aggregate Credit Exposure
and total unused Commitments at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Supported QFC</U>&#8221; has the meaning
set forth in Section 8.21.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Suppressed Availability</U>&#8221; means,
at any time, an amount, if positive, by which the Borrowing Base at such time exceeds the Aggregate Commitments at such time; <U>provided</U>
that Suppressed Availability at any time shall not exceed 2.5% of the Aggregate Commitments at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Taxes</U>&#8221; means any and all present
or future taxes, levies, imposts, duties, deductions, charges or withholdings imposed by any Governmental Authority, including any interest,
additions to tax or penalties applicable thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Term CORRA</U>&#8221; means, for any calculation
with respect to any Term CORRA Borrowing denominated in Canadian Dollars, the Term CORRA Reference Rate for a tenor comparable to the
applicable Interest Period on the day (such day, the &#8220;Periodic Term CORRA Determination Day&#8221;) that is two Business Days prior
to the first day of such Interest Period, as such rate is published by the Term CORRA Administrator; provided, however, that if as of
1:00 p.m. (Toronto time) on any Periodic Term CORRA Determination Day the Term CORRA Reference Rate for the applicable tenor has not been
published by the Term CORRA Administrator and a Benchmark Replacement Date with respect to the Term CORRA Reference Rate has not occurred,
then Term CORRA will be the Term CORRA Reference Rate for such tenor as published by the Term CORRA Administrator on the first preceding
Business Day for which such Term CORRA Reference Rate for such tenor was published by the Term CORRA Administrator so long as such first
preceding Business Day is not more than five Business Days prior to such Periodic Term CORRA Determination Day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Term CORRA Administrator</U>&#8221; means
Candeal Benchmark Administration Services Inc., TSX Inc. or any successor administrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Term CORRA Notice</U>&#8221; means a notification
by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term CORRA Reelection Event.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Term CORRA Reelection Event</U>&#8221;
means the determination by the Administrative Agent that (a) Term CORRA has been recommended for use by the Relevant Governmental Body,
(b) the administration of Term CORRA is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event has
previously occurred resulting in a Benchmark Replacement in accordance with Section 2.13(b) that is not Term CORRA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Term CORRA Reference Rate</U>&#8221; means
the forward-looking term rate based on CORRA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Term SOFR</U>&#8221; means, with respect
to any Borrowing denominated in US Dollars 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Term SOFR Determination Day</U>&#8221;
has the meaning assigned to it in the definition of Term SOFR Reference Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Term SOFR Reference Rate</U>&#8221; means,
for any day and time (such day, the &#8220;<U>Term SOFR Determination Day</U>&#8221;), with respect to any Term SOFR Borrowing denominated
in US 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 p.m., New York City time, on such
Term SOFR Determination Day, the &#8220;Term SOFR Reference Rate&#8221; for the applicable tenor has not been published by the CME Term
SOFR Administrator and a Benchmark Replacement Date with respect to Term SOFR 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 U.S. Government Securities Business Days prior to such Term SOFR Determination Day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Test Date</U>&#8221; means the date of
any Borrowing hereunder (other than a Borrowing made hereunder solely for the purpose of paying maturing commercial paper of the applicable
Borrower) or the date of any issuance, amendment or extension of any Letter of Credit; <U>provided</U> that any such date shall not be
a &#8220;Test Date&#8221; if, on such date, (a)&nbsp;if both rating agencies shall have a Credit Rating then in effect, the Credit Ratings
are Baa3 and BBB- or better or (b)&nbsp;if only one rating agency shall have a Credit Rating then in effect, the Credit Rating from such
rating agency is Baa3 or BBB- or better.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Test Period</U>&#8221; means, for any date
of determination under this Agreement, the then most recently ended period of four consecutive fiscal quarters of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Transactions</U>&#8221; means the execution,
delivery and performance by each Loan Party of the Loan Documents 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Type</U>&#8221;, 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 Adjusted Term CORRA, Adjusted Term SOFR, the Alternate Base Rate, the Canadian Prime Rate or, if applicable pursuant to
Section 2.13, Adjusted Daily Simple SOFR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>UCC</U>&#8221; means the Uniform Commercial
Code as from time to time in effect in the State of New York; <U>provided</U>, <U>however</U>, that, at any time, if by reason of mandatory
provisions of law, any or all of the perfection or priority of the Secured Parties&#8217; security interest in any item or portion of
the Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, the term &#8220;<U>UCC</U>&#8221;
shall mean the Uniform Commercial Code as in effect, at such time, in such other jurisdiction for purposes of the provisions hereof relating
to such perfection or priority and for the purposes of definitions relating to such provisions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>UCP</U>&#8221; means the Uniform Customs
and Practice for Documentary Credits (2007 Revision, International Chamber of Commerce Publication No. 600), as from time to time in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>U.K. Financial Institution</U>&#8221; 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 Regulatory 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>U.K. Resolution Authority</U>&#8221; means
the Bank of England or any other public administrative authority having responsibility for the resolution of any U.K. Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Unadjusted Benchmark Replacement</U>&#8221;
means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Unfunded Liabilities</U>&#8221; means,
with respect to any Plan at any time, the amount (if any) by which (a)&nbsp;the present value of all benefits under such Plan exceeds
(b)&nbsp;the fair market value of all assets of such Plan allocable to such benefits, all determined as of the then most recent valuation
date for such Plan, but only&nbsp;to the extent that such excess represents a potential liability of the Company or any ERISA Affiliate
to the PBGC or any other Person under Title IV of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Unrestricted Subsidiary</U>&#8221; means
any Subsidiary listed on Schedule 1.01(a) or designated as an Unrestricted Subsidiary in a written notice sent at any time after the date
of this Agreement by the Company to the Administrative Agent which is engaged (a)&nbsp;primarily in the business of making or discounting
loans, making advances, extending credit or providing financial accommodation to, or purchasing the obligations of, others; (b)&nbsp;primarily
in the business of insuring property against loss and subject to regulation as an insurance company by any Governmental Authority; (c)&nbsp;exclusively
in the business of owning or leasing, and operating, aircraft and/or trucks; (d)&nbsp;primarily in the ownership, management, leasing,
development or operation of real estate, other than parcels of real estate with respect to which 51% or more of the rentable space is
used by the Company or a Consolidated Subsidiary in the normal course of business; or (e)&nbsp;primarily as a carrier transporting goods
in both intrastate and interstate commerce; <U>provided</U> that (i)&nbsp;the Company may by notice to the Administrative Agent change
the designation of any Subsidiary described in subparagraphs (a) through (e) above, but may do so only once during the term of this Agreement,
(ii)&nbsp;the designation of a Subsidiary as an Unrestricted Subsidiary more than 30 days after the creation or acquisition of such Subsidiary
where such Subsidiary was not specifically so designated within such 30&nbsp;days shall be deemed to be the only permitted change in designation
and (iii)&nbsp;immediately after the Company designates any Subsidiary whether now owned or hereafter acquired or created as an Unrestricted
Subsidiary or changes the designation of a Subsidiary from an Unrestricted Subsidiary to a Consolidated Subsidiary, the Company and all
Consolidated Subsidiaries would be in compliance with all of the provisions of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Upfront Payments</U>&#8221; has the meaning
set forth in Section 2.08.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>U.S. Government Securities Business Day</U>&#8221;
shall mean any day except for (a)&nbsp;a Saturday, (b)&nbsp;a Sunday or (c)&nbsp;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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>U.S. Person</U>&#8221; means any Person
that is a &#8220;United States Person&#8221; as defined in Section 7701(a)(30) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>U.S. Special Resolution Regime</U>&#8221;
has the meaning set forth in Section 8.21.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>US Dollar Equivalent</U>&#8221; means,
on any date of determination, (a) with respect to any amount in US Dollars, such amount and (b)&nbsp;with respect to any amount in Canadian
Dollars, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section&nbsp;1.05 using the Exchange
Rate with respect to such currency at the time in effect for such amount under the provisions of such Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>US Dollars</U>&#8221;, &#8220;<U>USD</U>&#8221;
or &#8220;<U>$</U>&#8221; means the lawful money of the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Utilization</U>&#8221; means, on any day,
an amount equal to (i) the Aggregate Credit Exposure on such day, divided by (ii) the Aggregate Commitments in effect on such day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>VS&amp;Co.</U>&#8221; means Victoria&#8217;s
Secret &amp; Co., a Delaware corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>VS Separation Agreement</U>&#8221; means
the Separation and Distribution Agreement, dated as of August&nbsp;2, 2021, between the Company and VS&amp;Co.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Withdrawal Liability</U>&#8221; 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&nbsp;I
of Subtitle&nbsp;E of Title&nbsp;IV of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Withholding Agent</U>&#8221; means any
Loan Party and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&#8220;<U>Write-Down and Conversion Powers</U>&#8221;
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 U.K. 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 such 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(b) <U>Classification of Loans and Borrowings.</U>
For purposes of this Agreement, Loans may be classified and referred to by Class (<U>e.g.</U>, a &#8220;Revolving Loan&#8221;) or by Type
(<U>e.g.</U>, a &#8220;Term SOFR Loan&#8221;) or by Class and Type (<U>e.g.</U>, a &#8220;Term SOFR Revolving Loan&#8221;). Borrowings
also may be classified and referred to by Class (<U>e.g.</U>, a &#8220;Revolving Borrowing&#8221;) or by Type (<U>e.g.</U>, a &#8220;Term
SOFR Borrowing&#8221;) or by Class and Type (<U>e.g.</U>, a &#8220;Term SOFR Revolving Borrowing&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(c) <U>Terms Generally.</U> (A) &nbsp;&nbsp;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 &#8220;include&#8221;, &#8220;includes&#8221;
and &#8220;including&#8221; shall be deemed to be followed by the phrase &#8220;without limitation&#8221;. The word &#8220;will&#8221;
shall be construed to have the same meaning and effect as the word &#8220;shall&#8221;. Unless the context requires otherwise (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, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements
or modifications set forth herein), (b) any</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">reference herein to any Person shall be construed to include
such Person&#8217;s successors and assigns, (c) the words &#8220;herein&#8221;, &#8220;hereof&#8221; and &#8220;hereunder&#8221;, and
words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d)
all references herein to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles&nbsp;and Sections of, and
Exhibits and Schedules to, this Agreement and (e) the words &#8220;asset&#8221; and &#8220;property&#8221; 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) All terms used in this Agreement which are defined
in Article 8 or Article 9 of the UCC and which are not otherwise defined herein shall have the same meanings herein as set forth therein,
provided that terms used herein which are defined in the UCC on the date hereof shall continue to have the same meaning notwithstanding
any replacement or amendment of such statute except as the Administrative Agent may otherwise determine, and when used to define a category
or categories of the Collateral which is subject to the PPSA, such terms shall include the equivalent category or categories of property
set forth in the applicable PPSA. Notwithstanding the foregoing, and where the context so requires, (i) any term defined in this Agreement
by reference to the &#8220;UCC&#8221; or the &#8220;Uniform Commercial Code&#8221; shall also have any extended, alternative or analogous
meaning given to such term in the applicable PPSA, in all cases for the extension, preservation or betterment of the security and rights
of the Collateral, (ii) all references in this Agreement to Article 8 of the UCC shall be deemed to refer also to applicable Canadian
securities transfer laws (including, without limitation, the <I>Securities Transfer Act, 2006</I> (Ontario)) and (iii) all references
in this Agreement to a financing statement, continuation statement, amendment or termination statement shall be deemed to refer also to
the analogous documents used under applicable Canadian personal property security laws, including, without limitation, where applicable,
financing change statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 171pt; text-indent: 1in">For purposes of any Collateral located
in the Province of Quebec or charged by any deed of hypothec (or any other Loan Document) and for all other purposes pursuant to which
the interpretation or construction of a Loan Document may be subject to the laws of the Province of Quebec or a court or tribunal exercising
jurisdiction in the Province of Quebec, (i) &#8220;personal property&#8221; shall be deemed to include &#8220;movable property&#8221;,
(ii) &#8220;real property&#8221; shall be deemed to include &#8220;immovable property&#8221;, (iii) &#8220;tangible property&#8221; shall
be deemed to include &#8220;corporeal property&#8221;, (iv) &#8220;intangible property&#8221; shall be deemed to include &#8220;incorporeal
property&#8221;, (v) &#8220;security interest&#8221; and &#8220;mortgage&#8221; shall be deemed to include a &#8220;hypothec&#8221;, (vi)
all references to filing, registering or recording under the UCC or the PPSA or otherwise shall be deemed to include publication</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 171pt">by registration under the Civil Code of Qu&eacute;bec, (vii)
all references to &#8220;perfection of&#8221; or &#8220;perfected&#8221; Liens shall be deemed to include a reference to the &#8220;opposability&#8221;
of such Liens to third parties, (viii) any &#8220;right of offset&#8221;, &#8220;right of setoff&#8221; or similar expression shall be
deemed to include a &#8220;right of compensation&#8221;, (ix) &#8220;goods&#8221; shall be deemed to include &#8220;corporeal movable
property&#8221; other than chattel paper, documents of title, instruments, money and securities, (x) an &#8220;agent&#8221; shall be deemed
to include a &#8220;mandatary&#8221;, (xi) &#8220;construction liens&#8221; shall be deemed to include &#8220;legal hypothecs in favor
of persons having taken part in the construction or renovation of an immovable&#8221;, (xii) &#8220;joint and several&#8221; shall be
deemed to include &#8220;solidary&#8221;, (xiii) &#8220;gross negligence or willful misconduct&#8221; shall be deemed to be &#8220;intentional
or gross fault&#8221;, (xiv) &#8220;beneficial ownership&#8221; shall be deemed to include &#8220;ownership on behalf of another as mandatary&#8221;,
(xv) &#8220;easement&#8221; shall be deemed to include &#8220;servitude&#8221;, (xvi) &#8220;priority&#8221; shall be deemed to include
&#8220;prior claim&#8221; or &#8220;ranking&#8221;, as applicable, (xvii) &#8220;survey&#8221; shall be deemed to include &#8220;certificate
of location and plan&#8221;, (xviii) &#8220;state&#8221; shall be deemed to include &#8220;province&#8221;, (xix) &#8220;fee simple title&#8221;
and &#8220;fee interest&#8221; shall be deemed to include &#8220;absolute ownership&#8221;, (xx) &#8220;accounts&#8221; shall be deemed
to include &#8220;claims&#8221;, (xxi) &#8220;leasehold interest&#8221; shall be deemed to include &#8220;rights resulting from a lease&#8221;,
(xxii) &#8220;lease&#8221; shall be deemed to include a &#8220;lease&#8221; or a &#8220;contract of leasing (cr&eacute;dit-bail)&#8221;,
as applicable, and (xxiii) &#8220;deposit account&#8221; shall be deemed to include a &#8220;financial account&#8221; (within the meaning
of Article 2713.6 of the Civil Code of Qu&eacute;bec).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(d) <U>Accounting Terms; GAAP.</U> 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; <U>provided</U> that (a) for purposes of determining compliance with any provision of this Agreement, accounting
for leases shall be made in accordance with GAAP as in effect prior to January 1, 2019 without giving effect to any change in accounting
for leases resulting from Accounting Standards Codification Topic 842, Leases, (b) 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 Accounting Standards Codification Topic 825, Financial Instruments, or any successor thereto, to value any Indebtedness of the Company
or any Subsidiary at &#8220;fair value&#8221;, as defined therein and (c) if</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">the Company notifies the Administrative Agent that the Company
requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the
application thereof on the operation of such provision (or if the Administrative Agent notifies the Company 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(e) <U>Exchange Rates.</U> The Administrative
Agent shall determine the US Dollar Equivalent of all Borrowings denominated in Canadian Dollars as of the date of any Borrowing Request,
as of the date of the delivery of any Borrowing Base Certificate, as of the date of each Interest Election Request in respect thereof
(or, if an Interest Election Request has not been made within three months since the last date of determination, the three month anniversary
of the last date of determination) and as of any date determined by the Administrative Agent, in each case using the Exchange Rate for
such currency in relation to US Dollars in effect on the date that is two Business Days prior to the applicable date, and each such amount
shall, except as provided in the last sentence of this Section, be the US Dollar Equivalent of such Borrowing until the next required
calculation thereof pursuant to this sentence. The Administrative Agent shall determine the US Dollar Equivalent of all Letters of Credit
denominated in Canadian Dollars as of the date any Letter of Credit is requested pursuant to Section 2.05(b), a request is made to amend
any Letter of Credit to increase its available balance or to extend such Letter of Credit or such Letter of Credit is paid by the Issuing
Bank, as of the date of the delivery of any Borrowing Base Certificate and as of any date determined by the Administrative Agent, in each
case using the Exchange Rate for such currency in relation to US Dollars in effect on the date that is two Business Days prior to such
date, as the case may be, and each such amount shall, except as provided in the last sentence of this Section, be the US Dollar Equivalent
of such Letter of Credit until the next required calculation thereof pursuant to this sentence. The Administrative Agent shall&nbsp;notify
the Company and the Lenders of each calculation of the US Dollar Equivalent of each Borrowing. Borrowings of the applicable Class denominated
in Canadian Dollars will reduce availability for Borrowings of such Class denominated in US Dollars based on the Exchange Rate with respect
to Canadian Dollars at the time in effect for each such Borrowing. For purposes of (x) determining the Borrowing Base or (y) any dollar
basket limitation in Sections 5.08(b)(ix), Sections 5.10(i), (j) and (k), Sections 5.13(f) and Section 5.17(a), the amount of any component
of the Borrowing Base or any amount of Indebtedness, Investment, or Lien, applicable, in currencies other than US Dollars shall be translated
into US Dollars at currency exchange rates in effect on the date of such determination, and, solely in the case of clause (y), such limitation
or cap therein shall not be deemed to have been exceeded if such</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">excess amount is solely as a result of currency fluctuations
occurring after the time such Indebtedness, Investment or Lien is incurred or made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(f) <U>Letter of Credit Amounts.</U> Unless
otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated maximum amount that is, or at
any time thereafter may become, available for drawing under of such Letter of Credit<FONT STYLE="color: #004080">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(g) <U>Divisions.</U> 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&#8217;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 and acquired on the first date of its existence
by the holders of its Equity Interests at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(h) <U>Interest Rates; Benchmark Notification.</U>
The interest rate on a Loan denominated in US Dollars or Canadian Dollars may be derived from an interest rate benchmark that may be discontinued
or that is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section
2.13(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, (i) any such alternative, successor or replacement rate implemented pursuant to <B><I>&#8206;</I></B>Section
2.13(b) and (ii) the implementation of any Benchmark Replacement Conforming Changes pursuant to &#8206;Section 2.13(d)), 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 Company. 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 any successor rate thereto, in each case pursuant to the terms of
this Agreement, and shall have no liability to any Loan Party, 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),</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">for any error or calculation of any such rate (or component
thereof) provided by any such information source or service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 16.<BR>
<BR>
The Credits</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(a) <U>Commitments.</U> (A) Subject to
the terms and conditions set forth herein, (i) each Revolving Lender agrees to make Revolving Loans denominated in US Dollars to the Company,
BBWC and any Additional Borrower borrowing in US Dollars, (ii) each Revolving Lender agrees to make Revolving Loans denominated in Canadian
Dollars to BBWC and any Additional Borrower borrowing in Canadian Dollars and (iii) Lenders of any other Class agree to make Loans of
such Class to the applicable Borrower in US Dollars or Canadian Dollars, as applicable, in each case from time to time during the Availability
Period in an aggregate principal amount that (after giving effect to the making of such Loans and any other Loans being made or Letters
of Credit being issued on the same date and any concurrent repayment of Loans and reimbursement of LC Disbursements) will not result in
(A) such Lender&#8217;s Credit Exposure of the applicable Class exceeding such Lender&#8217;s Commitment of such Class, (B) the total
Credit Exposures of the applicable Class exceeding the total Commitments of such Class or any other limitation set forth in the applicable
Incremental Facility Agreement, (C) the Aggregate Credit Exposure exceeding the Maximum Borrowing Amount and (D) the total Loans denominated
in Canadian Dollars exceeding the CAD Sublimit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Within the foregoing limits and subject to the
terms and conditions set forth herein, the Borrowers may borrow, prepay and reborrow Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(b) <U>Loans and Borrowings.</U> (A) Each
Loan (other than a Protective Advance) shall be made as part of a Borrowing consisting of Loans of the same Class, Type and currency 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; <U>provided</U> that the Commitments of
the Lenders are several and no Lender shall be responsible for any other Lender&#8217;s failure to make Loans as required.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Subject to Section&nbsp;2.13, (i) each Borrowing
denominated in US Dollars shall be comprised entirely of ABR Loans or Term SOFR Loans as the applicable Borrowers may request in accordance
herewith and (ii) each Borrowing denominated in Canadian Dollars shall be comprised entirely of Canadian Prime Rate Loans or Term CORRA
Loans as the applicable Borrowers may request in accordance herewith. Each Protective Advance shall be an ABR Loan. Each Lender at its
option may make any Loan or issue any Letter of Credit by causing any domestic or foreign branch or Affiliate of such Lender to make such
Loan or issue such Letter of Credit; <U>provided</U> that any</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">exercise of such option shall not affect the obligation of the applicable
Borrower to repay such Loan in accordance with the terms of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) At the commencement of each Interest Period for
any Term SOFR or Term CORRA Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not
less than $5,000,000 (or in the case of Loans denominated in Canadian Dollars, an integral multiple of CAD1,000,000 and not less than
CAD5,000,000). At the time that each ABR or Canadian Prime Rate Borrowing is made, such Borrowing shall be in an aggregate amount that
is an integral multiple of $1,000,000 and not less than $5,000,000 (or in the case of Loans denominated in Canadian Dollars, an integral
multiple of CAD1,000,000 and not less than CAD5,000,000); <U>provided</U> that (i) an ABR or Canadian Prime Rate Borrowing may be in an
aggregate amount that is equal to (A) the lesser of the entire unused balance of the Commitments of the applicable Class and the amount
of Excess Availability, (B) an aggregate amount that is required to finance the repayment of a Protective Advance as contemplated by Section
2.04(a) or (C) an aggregate amount that is required to finance the reimbursement of an LC Disbursement as contemplated by Section&nbsp;2.05(e)
or to provide cash collateral as contemplated by Section&nbsp;2.19 and (ii) each Protective Advance may be in such principal amount as
shall be determined by the Administrative Agent pursuant to Section 2.04. Borrowings of more than one Class or Type may be outstanding
at the same time; <U>provided</U> that there shall not at any time be more than a total of 12 Term SOFR or Term CORRA Borrowings outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(c) <U>Requests for Borrowings.</U> To
request a Borrowing, the applicable Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Term
SOFR Borrowing, not later than 11:00 a.m., New York City time, three U.S. Government Securities Business Days before the date of the proposed
Borrowing, (b) in the case of a Term CORRA Borrowing, not later than 11:00 a.m., New York City time, three Business Days before the date
of the proposed Borrowing and (c) in the case of an ABR or Canadian Prime Rate Borrowing, not later than 11:00 a.m., New York City time,
on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by
hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and
signed by the applicable Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance
with Section&nbsp;2.02:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the name of the applicable Borrower;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">whether such Borrowing is to be a Revolving Borrowing
or a Borrowing of another Class;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the currency in which such Borrowing is to be denominated
(which shall be a currency in which the requesting Borrower is entitled to make Borrowings under this Agreement);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the aggregate amount (expressed in the currency in
which such Borrowing is to be denominated) of the requested Borrowing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the date of such Borrowing, which shall be a Business
Day;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">whether such Borrowing is to be an ABR, Canadian
Prime Rate, Term SOFR or Term CORRA Borrowing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">in the case of a Term SOFR or Term CORRA Borrowing,
the initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition of the term &#8220;Interest
Period&#8221;; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the location and number of the applicable Borrower&#8217;s
account to which funds are to be disbursed, which shall comply with the requirements of Section&nbsp;2.06.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If no election as to the Type of Borrowing is specified, then the requested
Borrowing shall be (i) in the case of a Loan denominated in US Dollars, an ABR Borrowing and (ii) in the case of a Loan denominated in
Canadian Dollars, a Canadian Prime Rate Borrowing. If no Interest Period is specified with respect to any requested Term SOFR or Term
CORRA Borrowing, then the applicable Borrower shall be deemed to have selected an Interest Period of one month&#8217;s duration. Promptly
following receipt of a Borrowing Request in accordance with this Section, the Administrative Agent shall advise each Lender of the details
thereof and of the amount of such Lender&#8217;s Loan to be made as part of the requested Borrowing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(d) <U>Protective Advances.</U> (a) Subject
to the limitations set forth below, the Administrative Agent is authorized by the Company and the Lenders, from time to time during the
Availability Period, in the Administrative Agent&#8217;s sole discretion (but with no obligation), to make Loans in US Dollars to the
Company, on behalf of all Lenders, which the Administrative Agent, in its Permitted Discretion, deems necessary or desirable (i) to preserve
or protect the Collateral or any portion thereof, (ii) to enhance the likelihood of, or maximize the amount of, repayment of the Loans
and other Obligations or (iii) to pay any other amount chargeable to or required to be paid by the Borrowers pursuant to the terms of
this Agreement, including payments of reimbursable expenses (including costs, fees, and expenses described in Section 8.03) and other
sums payable under the Loan Documents (any such Loans are herein referred to as &#8220;<U>Protective Advances</U>&#8221;); <U>provided</U>
that the aggregate principal amount of Protective Advances outstanding at any time shall not exceed $50,000,000; <U>provided further</U>
that the making of any Protective Advance shall not cause the Aggregate Credit Exposure to exceed the Aggregate Commitments. Protective
Advances may be made when a Default exists or the conditions precedent set forth in Section 4.02 are not otherwise satisfied. The Protective
Advances shall be secured by the Liens created by the Collateral Documents and shall constitute Obligations. The Company shall be required
to repay (or, subject to the satisfaction of the conditions precedent set forth in Section 4.02, refinance with the proceeds of a Borrowing)
each Protective Advance within 45 days after such</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">Protective Advance is made. Without affecting Protective
Advances already made, the Administrative Agent&#8217;s authorization to make future Protective Advances may be revoked at any time by
the Required Lenders. Any such revocation must be in writing and shall become effective prospectively upon the Administrative Agent&#8217;s
receipt thereof. At any time that there is sufficient Excess Availability and the conditions precedent set forth in Section 4.02 have
been satisfied, the Administrative Agent may request, on behalf of the Company, the Lenders to make ABR Loans to repay any Protective
Advance. At any other time the Administrative Agent may require the Lenders to acquire participations in any Protective Advance as described
in Section 2.04(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Administrative Agent may by notice given not
later than 12:00 noon, New York City time, on any Business Day require the Lenders to acquire participations on such Business Day in all
or a portion of the Protective Advances outstanding. Such notice shall specify the aggregate principal amount of Protective Advances in
which the Lenders will be required to participate and each Lender&#8217;s Applicable Percentage of such Protective Advances. Each Lender
hereby absolutely and unconditionally agrees to pay, promptly upon receipt of notice as provided above (and in any event, if such notice
is received by 12:00 noon, New York City time, on a Business Day, no later than 2:00 p.m., New York City time on such Business Day and
if received after 12:00 noon, New York City time, on a Business Day, no later than 10:00 a.m., New York City time, on the immediately
succeeding Business Day), to the Administrative Agent such Lender&#8217;s Applicable Percentage of such Protective Advances. Each Lender
acknowledges and agrees that its obligation to acquire participations in Protective Advances pursuant to this paragraph is absolute and
unconditional and shall not be affected by any circumstance whatsoever, including nonsatisfaction of any of the conditions precedent set
forth in Section 4.02, the occurrence and continuance of a Default or any reduction or termination of the Commitments, and that each such
payment shall be made without any offset, abatement, withholding or reduction whatsoever. Each Lender shall comply with its obligation
under this paragraph by wire transfer of immediately available funds, 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 Lenders pursuant to this paragraph).
Any amounts received by the Administrative Agent from the Company (or other Person on behalf of the Company) in respect of a Protective
Advance after receipt by the Administrative Agent of the proceeds of a sale of participations therein shall be promptly remitted by the
Administrative Agent to the Lenders that shall have made their payments pursuant to this paragraph to the extent of their interests therein;
<U>provided</U> that any such payment so remitted shall be repaid to the Administrative Agent if and to the extent such payment is required
to be refunded to a Borrower for any reason. The purchase of participations in a Protective Advance pursuant to this paragraph shall not
constitute a Loan and shall not relieve the Company of its obligation to repay such Protective Advance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(e) <U>Letters of Credit.</U> (A) &nbsp;<U>General.</U>
Subject to the terms and conditions set forth herein, a Borrower may request the issuance of Letters of Credit of any Class that provides
for the issuance of Letters of Credit, in a form reasonably acceptable to the Administrative Agent and the applicable Issuing</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">Bank, at any time and from time to time during the Availability
Period, which Letter of Credit may be denominated in (x) in the case of the Company and BBWC, US Dollars and (y) in the case of any Canadian
Borrower, Canadian Dollars. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions
of any form of letter of credit application or other agreement submitted by the applicable Borrower to, or entered into by the applicable
Borrower with, an Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control. The parties
hereto acknowledge and agree that (i) Letters of Credit may be issued to support obligations of Subsidiaries of the Borrowers as well
as the Borrowers; (ii) Letters of Credit issued to support obligations of a Subsidiary may state that they are issued for such Subsidiary&#8217;s
account, and the applicable Borrower hereby acknowledges that the issuance of Letters of Credit for the account of its Subsidiaries inures
to the benefit of such Borrower, and that such Borrower&#8217;s business derives substantial benefits from the businesses of such Subsidiaries;
and (iii) regardless of any such statement in any Letter of Credit, the applicable Borrower is the &#8220;<U>account party</U>&#8221;
in respect of all Letters of Credit issued at its request and will be responsible for reimbursement of LC Disbursements as provided herein.
Notwithstanding anything to the contrary contained in this Agreement, it is understood and agreed that, except as separately agreed between
such Issuing Bank and the applicable Borrower, no Issuing Bank shall have an obligation hereunder to issue any commercial or trade Letter
of Credit or any Letter of Credit the issuance of which would violate any policies of the Issuing Bank applicable to letters of credit
in general.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) <U>Notice of Issuance, Amendment, Extension;
Certain Conditions.</U> To request the issuance of a Letter of Credit of any Class (or the amendment or extension of an outstanding Letter
of Credit of any Class), the applicable Borrower shall hand deliver or telecopy (or transmit by electronic communication, if arrangements
for doing so have been approved by the relevant Issuing Bank) to the relevant Issuing Bank and the Administrative Agent (reasonably in
advance of the requested date of issuance, amendment or extension) a notice requesting the issuance of a Letter of Credit of such Class,
or identifying the Letter of Credit of such Class to be amended or extended, and specifying the name of the requesting Borrower, the date
of issuance, amendment or extension (which shall be a Business Day at least three Business Days after the delivery of such notice), the
date on which such Letter of Credit is to expire (which shall comply with paragraph&nbsp;(c) of this Section), the Class and amount of
such Letter of Credit, the currency in which such Letter of Credit shall be denominated (which shall be a currency in which the requesting
Borrower is entitled to make Borrowings of such Class under this Agreement), the name and address of the beneficiary thereof and such
other information as shall be necessary to prepare, amend or extend such Letter of Credit. If requested by the relevant Issuing Bank,
the applicable Borrower also shall submit a letter of credit application on such Issuing Bank&#8217;s standard form in connection with
any request for a Letter of Credit. A Letter of Credit shall be issued, amended or extended only if (and upon issuance, amendment or extension
of each Letter of Credit the applicable Borrower shall be deemed to represent and warrant that), after giving effect to such issuance,
amendment or extension (i)&nbsp;the LC Exposure shall not exceed $75,000,000, (ii) the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">portion of the LC Exposure attributable to Letters of Credit issued
by an Issuing Bank will not exceed such Issuing Bank&#8217;s LC Commitment, (iii)&nbsp;no Lender&#8217;s Credit Exposure of the applicable
Class shall exceed its Commitment of such Class, (iv) the total Credit Exposures of the applicable Class shall not exceed the total Commitments
of such Class or any other limitation set forth in the applicable Incremental Facility Agreement, (v) the Aggregate Credit Exposure shall
not exceed the Maximum Borrowing Amount and (vi) the total Credit Exposures denominated in Canadian Dollars shall not exceed the CAD Sublimit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) <U>Expiration Date.</U> Each Letter of Credit
shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter
of Credit (or, in the case of any extension thereof, one year after such extension); <U>provided</U> that a Letter of Credit may be subject
to customary &#8220;evergreen&#8221; provisions pursuant to which the expiration date thereof shall be automatically extended for a period
of up to one year (subject to clause (ii) of this sentence) unless notice to the contrary shall have been given by any Issuing Bank in
respect thereof by a specified date, and (ii) the date that is five Business Days prior to the Maturity Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) <U>Participations.</U> By the issuance of a Letter
of Credit of any Class (or an amendment to a Letter of Credit of any Class increasing the amount thereof) and without any further action
on the part of the relevant Issuing Bank or the Lenders of such Class, such Issuing Bank hereby grants to each Lender of such Class, and
each Lender of such Class hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to such Lender&#8217;s
Applicable Percentage with respect to such Class of the aggregate amount available to be drawn under such Letter of Credit, subject to
any LC Exposure Reallocation. In consideration and in furtherance of the foregoing, each Lender of any Class hereby absolutely and unconditionally
agrees to pay to the Administrative Agent, for the account of such Issuing Bank, such Lender&#8217;s Applicable Percentage in respect
of such Class of each LC Disbursement made by such Issuing Bank in respect of a Letter of Credit of such Class and not reimbursed by the
applicable Borrower on the date due as provided in paragraph (e) of this Section, or of any reimbursement payment required to be refunded
to the applicable Borrower for any reason, subject to any LC Exposure Reallocation. Each Lender of any applicable Class acknowledges and
agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit of such Class is absolute
and unconditional and shall not be affected by any circumstance whatsoever, including any amendment or extension of any such Letter of
Credit or the occurrence and continuance of a Default or reduction or termination of the Commitments, and that each such payment shall
be made without any offset, abatement, withholding or reduction whatsoever.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) <U>Reimbursement.</U> Upon receipt from the beneficiary
of any Letter of Credit of any Class of any notice of a drawing under such Letter of Credit, the Issuing Bank shall notify the Company,
the applicable Borrower and the Administrative Agent thereof. The applicable Borrower shall reimburse such LC Disbursement by paying to
the Administrative Agent an amount equal to such LC Disbursement in the currency in which such LC Disbursement was made not later than
12:00 noon, New York City time, on the next Business Day after the date that the applicable Borrower shall have received</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">notice of such LC Disbursement; <U>provided</U> that the applicable
Borrower may, subject to the conditions to borrowing set forth herein, request in accordance with Section&nbsp;2.03 that such payment
be financed with an ABR or Canadian Prime Rate Borrowing of the applicable Class in an equivalent amount, and, to the extent so financed,
the applicable Borrower&#8217;s obligation to make such payment shall be discharged and replaced by the resulting ABR or Canadian Prime
Rate Borrowing. If the applicable Borrower fails to make such payment when due, the Administrative Agent shall notify each Lender of the
applicable Class of the applicable LC Disbursement, the payment then due from the applicable Borrower in respect thereof and such Lender&#8217;s
Applicable Percentage thereof (subject to any LC Exposure Reallocation). Promptly following receipt of such notice, each Lender of the
applicable Class shall pay to the Administrative Agent its Applicable Percentage (subject to any LC Exposure Reallocation) of the payment
then due from the applicable Borrower, in the same manner as provided in Section&nbsp;2.06 with respect to Loans made by such Lender and
in the applicable currency (and Section&nbsp;2.06 shall apply, <U>mutatis mutandis</U>, to the payment obligations of the Lenders) and
within the same timeframe as provided after a request for a Borrowing in Section 2.03, and the Administrative Agent shall promptly pay
such Issuing Bank the amounts so received by it from the Lenders of such Class. Promptly following receipt by the Administrative Agent
of any payment from the applicable Borrower pursuant to this paragraph, the Administrative Agent shall distribute such payment to such
Issuing Bank or, to the extent that Lenders of the applicable Class have made payments pursuant to this paragraph to reimburse such Issuing
Bank, then to such Lenders and such Issuing Bank as their interests may appear. Any payment made by a Lender pursuant to this paragraph
to reimburse such Issuing Bank for any LC Disbursement (other than the funding of ABR or Canadian Prime Rate Loans as contemplated above)
shall not constitute a Loan and shall not relieve the applicable Borrower of its obligation to reimburse such LC Disbursement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) <U>Obligations Absolute.</U> The applicable Borrower&#8217;s
obligation to reimburse LC Disbursements as provided in paragraph&nbsp;(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 any other term or provision in this Agreement, (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 any 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 applicable Borrower&#8217;s obligations hereunder. Neither the Administrative Agent, the
Lenders nor any Issuing Bank, nor 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 or any payment or failure to make any payment thereunder (irrespective of any of
the circumstances referred to in the preceding sentence), or 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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">interpretation of technical terms or any consequence arising from causes
beyond the control of any Issuing Bank; <U>provided</U> that the foregoing shall not be construed to excuse any Issuing Bank from liability
to the applicable Borrower to the extent of any direct damages (as opposed to consequential, special, indirect and punitive damages, claims
in respect of which are hereby waived by the applicable Borrower to the extent permitted by applicable law) suffered by the applicable
Borrower that are caused by such Issuing Bank&#8217;s failure to exercise care when determining whether drafts and other documents presented
under a Letter of Credit comply with the terms thereof or such Issuing Bank&#8217;s failure to make an LC Disbursement under a Letter
of Credit upon presentation to it of documents strictly complying with such Letter of Credit. The parties hereto expressly agree that,
in the absence of gross negligence or willful misconduct on the part of any Issuing Bank (as finally determined by a court of competent
jurisdiction), 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 which appear on their face to be
in substantial compliance with the terms of a Letter of Credit, such 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) <U>Disbursement Procedures.</U> Any Issuing Bank
shall, within the period of time stipulated by the terms and conditions of the applicable Letter of Credit, examine all documents purporting
to represent a demand for payment under such Letter of Credit. After such examination, such Issuing Bank shall promptly notify the Administrative
Agent and the applicable Borrower by telephone (confirmed by telecopy) of such demand for payment and whether such Issuing Bank has made
or will make an LC Disbursement thereunder; <U>provided</U> that any failure to give or delay in giving such notice shall not relieve
such Borrower of its obligation to reimburse such Issuing Bank and the applicable Lenders with respect to any such LC Disbursement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(H) <U>Interim Interest.</U> If any Issuing Bank
shall make any LC Disbursement, then, unless the applicable Borrower shall reimburse such LC Disbursement in full on the later of (i)
the date when such LC Disbursement is made and (ii) the date upon which such Borrower receives notice of such LC Disbursement pursuant
to paragraph&nbsp;(g) above (such later date, the &#8220;<U>Interest Commencement Date</U>&#8221;), the unpaid amount thereof shall bear
interest, for each day from and including the Interest Commencement Date to but excluding the date that reimbursement of such LC Disbursement
is due pursuant to paragraph (e) of this Section, at the rate provided in Section&nbsp;2.12 with respect to (x) in the case of LC Disbursements
denominated in US Dollars, ABR Loans and (y) in the case of LC Disbursements denominated in Canadian Dollars, Canadian Prime Rate Loans,
and, if not so reimbursed on the date due pursuant to paragraph (e) of this Section, then from and including such date so due to but excluding
the date that such Borrower reimburses such LC Disbursement, at the rate provided in Section&nbsp;2.12(g) with respect to such Loans.
Interest accrued pursuant to this paragraph shall be for the account of such Issuing Bank, except that interest accrued on and after the
date of payment by any Lender pursuant to paragraph (e) of this Section, to</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">reimburse such Issuing Bank shall be for the account of such Lender
to the extent of such payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(I) <U>Replacement of an Issuing Bank.</U> Any Issuing
Bank may be replaced at any time by written agreement among the Company and the successor Issuing Bank. The Company shall notify the Administrative
Agent, the replaced Issuing Bank and the Lenders of any such replacement of any Issuing Bank. At the time any such replacement shall become
effective, the applicable Borrowers shall pay all unpaid fees payable by the applicable Borrowers that have accrued for the account of
any replaced Issuing Bank pursuant to Section&nbsp;2.11(b). From and after the effective date of any such replacement, (i) the successor
Issuing Bank shall have all the rights and obligations of an Issuing Bank under this Agreement with respect to Letters of Credit to be
issued thereafter and (ii) references herein to the term &#8220;<U>Issuing Bank</U>&#8221; shall be deemed to refer to such successor
or to any previous Issuing Bank, or to such successor and all previous Issuing Banks, as the context shall require. After the replacement
of any Issuing Bank hereunder, the replaced Issuing Bank shall remain a party hereto and shall continue to have all the rights and obligations
of an Issuing Bank under this Agreement with respect to Letters of Credit issued by it prior to such replacement, but shall not be required
to issue additional Letters of Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(J) <U>Cash Collateralization.</U> If any Event of
Default shall occur and be continuing, on the Business Day that the Company receives notice from the Administrative Agent or a majority
in interest of the Lenders (or, if the maturity of the Loans has been accelerated, Lenders with LC Exposure representing greater than
50% of the total LC Exposure) demanding the deposit of cash collateral pursuant to this paragraph, each applicable Borrower shall deposit
in an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Lenders of each applicable
Class, an amount in cash equal to the portion of the LC Exposure attributable to outstanding Letters of Credit of such Class issued for
the account of such Borrower as of such date plus any accrued and unpaid interest thereon, which shall be deposited in the applicable
currencies; <U>provided</U> 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 Borrowers described in clause (e) of Section&nbsp;6.01. The applicable Borrower also shall deposit cash collateral pursuant to
this paragraph as and to the extent required by Section&nbsp;2.19(a). Each such deposit shall be held by the Administrative Agent as collateral
for the payment and performance of the obligations of such 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 applicable
Borrower&#8217;s risk and expense, such deposits shall not bear interest. Interest or profits, if any, on such investments shall (i) in
the case of cash collateral deposited pursuant to the first sentence of this Section&nbsp;2.05(j), accumulate in such account and (ii)
in the case of cash collateral deposited pursuant to Section&nbsp;2.19(a), be remitted to the applicable Borrower promptly by the Administrative
Agent unless an Event of Default has occurred and is continuing. Cash collateral deposited by any Borrower pursuant to</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">the first sentence of this Section&nbsp;2.05(j) (and interest and profits
in respect thereof accumulated in such account pursuant to clause (i) of the preceding sentence) shall be applied by the Administrative
Agent to reimburse any Issuing Bank for LC Disbursements in respect of Letters of Credit of the applicable Class issued for the account
of such Borrower for which it has not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of the reimbursement
obligations of such Borrower for the LC Exposure relating to Letters of Credit of such Class issued for the account of such Borrower that
are outstanding at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of Lenders with LC Exposure
representing greater than 50% of the total LC Exposure and, in the case of cash collateral required by Section&nbsp;2.19(a), the consent
of the Issuing Banks with outstanding Letters of Credit), be applied to satisfy other obligations of such Borrower under this Agreement.
Cash collateral deposited pursuant to Section&nbsp;2.19(a) in respect of any Lender that is a Defaulting Lender shall be applied by the
Administrative Agent to such Defaulting Lender&#8217;s Applicable Percentage in respect of the applicable Class of any LC Disbursements
of such Class for which it has not been reimbursed. If any Borrower is required to provide an amount of cash collateral hereunder as a
result of the occurrence of an Event of Default or pursuant to Section&nbsp;2.19(a), such amount (to the extent not applied as aforesaid)
shall be returned to such Borrower within three Business Days after all Events of Default have been cured or waived or such amount is
no longer required in order to comply with Section&nbsp;2.19(a) (and no Event of Default has occurred and is continuing), as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(K) <U>Applicability of ISP and UCP; Limitation of
Liability.</U> Unless otherwise expressly agreed by the applicable Issuing Bank when a Letter of Credit is issued (i) the rules of the
ISP shall be stated therein to apply to each Letter of Credit that is a standby Letter of Credit, and (ii) the rules of the UCP shall
apply to each Letter of Credit that is a commercial Letter of Credit. Notwithstanding the foregoing, the applicable Issuing Bank shall
not be responsible to any Borrower for, and the Issuing Bank&#8217;s rights and remedies against the Borrowers shall not be impaired by,
any action or inaction of such Issuing Bank with respect to its obligations under a Letter of Credit expressly required under any law,
order, or practice that is expressly required to be applied to such Letter of Credit, including the law of a jurisdiction, or any order
of a Governmental Authority of a jurisdiction, where the Issuing Bank or the beneficiary of such Letter of Credit is located, the practice
stated in the ISP or UCP, as applicable, or, unless expressly provided otherwise by the terms of such Letter of Credit, the decisions,
opinions, practice statements, or official commentary of the ICC Banking Commission, the Bankers Association for Finance and Trade (BAFT),
or the Institute of International Banking Law &amp; Practice applicable to letters of credit of the same type as such Letter of Credit,
whether or not any Letter of Credit expressly provides that it is governed by such law or practice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(f) <U>Funding of Borrowings.</U> (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
(i) in the case of Term CORRA Loans and ABR Loans by 12:00 noon, New York City time, (ii) in the case of Term SOFR Loans by 12:00 noon,
New York City time and (iii) in the case of Canadian Prime Rate</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">loans, 3:00 p.m., New York City time, to the account of
the Administrative Agent most recently designated by it for such purpose by notice to the Lenders; <U>provided</U> that Protective Advances
shall be made as provided in Section 2.04. The Administrative Agent will make such Loans available to the applicable Borrower by promptly
crediting the amounts so received, in like funds, to an account of the applicable Borrower maintained with the Administrative Agent in
New York City and designated by the applicable Borrower in the applicable Borrowing Request; <U>provided</U> that (i) ABR or Canadian
Prime Rate Loans made to finance (A) the repayment of a Protective Advance as provided in Section 2.04(a) shall be applied by the Administrative
Agent for such purpose and (B) the reimbursement of an LC Disbursement as provided in Section&nbsp;2.05(e) shall be remitted by the Administrative
Agent to the applicable Issuing Bank and (ii) the proceeds of any Protective Advance shall be retained by the Administrative Agent and
applied, on behalf of the Company, for the purpose for which such Protective Advance has been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Unless the Administrative Agent shall have received
notice from a Lender prior to the proposed date of any Borrowing (or, in the case of a Borrowing that is being made on same-day notice,
prior to the time at which such Borrowing is required to be funded) that such Lender will not make available to the Administrative Agent
such Lender&#8217;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, make available to the applicable 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 applicable 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 applicable Borrower
to but excluding the date of payment to the Administrative Agent, at (i) in the case of such Lender, the greater of (A) (x) the Federal
Funds Effective Rate in the case of Loans denominated in US Dollars and (y) the rate reasonably determined by the Administrative Agent
to be the cost of funding such amount, in the case of Loans denominated in Canadian Dollars and (B) a rate determined by the Administrative
Agent in accordance with banking industry rules on interbank compensation or (ii) in the case of the applicable Borrower, the greater
of the interest rate applicable to the Loans of the other Lenders included in the applicable Borrowing and a rate determined by the Administrative
Agent to equal its cost of funds for funding such amount. If such Lender pays such amount to the Administrative Agent, then such amount
shall constitute such Lender&#8217;s Loan included in such Borrowing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(g) <U>Interest Elections.</U> (A) Each
Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the case of a Term SOFR or Term CORRA Borrowing,
shall have an initial Interest Period as specified in such Borrowing Request. Thereafter, the applicable Borrower may elect to convert
such Borrowing to a different Type or to continue such Borrowing and, in the case of a Term SOFR or Term CORRA Borrowing, may elect Interest
Periods therefor, all as provided in this Section. The applicable</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">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. This Section shall not apply to Protective
Advances, which may not be converted or continued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) To make an election pursuant to this Section,
the applicable Borrower shall notify the Administrative Agent of such election by telephone by the time that a Borrowing Request would
be required under Section&nbsp;2.03 if such Borrower were requesting a Borrowing of the Type resulting from such election to be made on
the effective date of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly
by hand delivery or telecopy to the Administrative Agent of a written Interest Election Request in a form approved by the Administrative
Agent and signed by the applicable Borrower. Notwithstanding any other provision of this Section, no Borrower may (i) change the currency
of any Borrowing or (ii) elect an Interest Period that does not comply with Section&nbsp;2.03.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) Each telephonic and written Interest Election
Request shall specify the following information in compliance with Section&nbsp;2.03:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">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);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the effective date of the election made pursuant
to such Interest Election Request, which shall be a Business Day;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">whether the resulting Borrowing is to be an ABR or
Canadian Prime Rate Borrowing or a Term SOFR or Term CORRA Borrowing; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">if the resulting Borrowing is to be a Term SOFR or
Term CORRA 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 &#8220;Interest Period&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If any such Interest Election Request requests a Term SOFR or Term
CORRA Borrowing but does not specify an Interest Period, then the applicable Borrower shall be deemed to have selected an Interest Period
of one month&#8217;s duration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) Promptly following receipt of an Interest Election
Request, the Administrative Agent shall advise each participating Lender of the applicable Class of the details thereof and of such Lender&#8217;s
portion of each resulting Borrowing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) If the applicable Borrower fails to deliver a
timely Interest Election Request with respect to a Term SOFR or Term CORRA 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 such Borrowing shall be converted
to (x) in the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">case of a Loan denominated in US Dollars, an ABR Borrowing and (y)
in the case of a Loan denominated in Canadian Dollars, a Canadian Prime Rate Borrowing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(h) <U>Termination, Reduction and Increase
of Commitments; Incremental Revolving Commitments.</U> (A) &nbsp;&nbsp;Unless previously terminated, the Commitments shall terminate on
the Maturity Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) The Company may at any time terminate, or from
time to time reduce, the Commitments of any Class; <U>provided</U> that (i)&nbsp;each reduction of the Commitments of any Class shall
be in an amount that is an integral multiple of $1,000,000 and not less than $5,000,000 or, in each case, the US Dollar Equivalent thereof
at any such time, (ii) the Company shall not terminate or reduce the Revolving Commitments or the Commitments of any other Class if after
giving effect to any concurrent prepayment of the Loans or Protective Advances in accordance with Section 2.10 and, if applicable, reimbursement
of LC Disbursements in accordance with Section&nbsp;2.05(e), (A) the total Revolving Exposures or total Credit Exposures of any other
Class, as applicable, would exceed the total Revolving Commitments or the total Commitments of such Class, as applicable, or (B) the Aggregate
Credit Exposure would exceed the Maximum Borrowing Amount and (iii)&nbsp;the Company shall not terminate or reduce the Commitments if,
after giving effect to any concurrent prepayment of the Loans in accordance with Section&nbsp;2.10 and, if applicable, reimbursement of
LC Disbursements in accordance with Section&nbsp;2.05(e), the Aggregate Credit Exposure would exceed the Aggregate Commitments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) The Company shall notify the Administrative Agent
of any election to terminate or reduce the Commitments of any Class under paragraph&nbsp;(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 notice, the Administrative Agent shall advise the Lenders of the contents thereof. Each notice delivered by the Company
pursuant to this Section shall be irrevocable; <U>provided</U> that a notice of termination of the Commitments of any Class delivered
by the Company may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice
may be revoked by the Company (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 (other than a termination of the Commitment of a Defaulting Lender pursuant to Section&nbsp;2.18(c)) shall be made ratably among
the Lenders in accordance with their respective Commitments of such Class.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) So long as no Event of Default is continuing
or would result therefrom, the Company may, by written notice to the Administrative Agent, executed by the Company and one or more financial
institutions (any such financial institution referred to in this Section being called an &#8220;<U>Increasing Lender</U>&#8221;), which
may include any Lender, as such Lender elects or declines in its sole discretion, cause Commitments of the Increasing Lenders of any Class
to become effective (or, in the case of an Increasing Lender that is an existing Lender, cause its Commitment in respect of any Class
to be</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">increased, as the case may be) in an amount for each Increasing Lender
set forth in such notice; <U>provided</U> that (i) the aggregate amount of all Commitments hereunder, after giving effect to new Commitments,
increases in existing Commitments pursuant to this paragraph and all Incremental Revolving Commitments, shall not exceed $1,000,000,000,
(ii) each Increasing Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval
shall not be unreasonably withheld) and (iii) each Increasing Lender, if not already a Lender hereunder, shall become a party to this
Agreement by completing and delivering to the Administrative Agent a duly executed accession agreement in a form reasonably satisfactory
to the Administrative Agent and the Company. New Commitments and increases in Commitments pursuant to this Section shall become effective
on the date specified in the applicable notices delivered pursuant to this Section. Following any extension of a new Commitment in respect
of any Class or increase of a Lender&#8217;s Commitment in respect of any Class pursuant to this paragraph, any Loans of such Class outstanding
prior to the effectiveness of such increase or extension shall continue outstanding until the ends of the respective Interest Periods
applicable thereto, and shall then be repaid or refinanced with new Loans of such Class made pursuant to Section&nbsp;2.01. Following
any increase in the Commitments of any Class pursuant to this paragraph, the Company will use its reasonable best efforts to ensure that,
to the extent there are outstanding Loans of such Class, each Lender&#8217;s outstanding Loans of such Class will be in accordance with
such Lender&#8217;s pro rata portion of the Commitments of such Class.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) In addition, so long as no Event of Default is
continuing or would result therefrom, the Company may on one or more occasions, by written notice to the Administrative Agent, request
the establishment of Incremental Revolving Commitments; <U>provided</U> that (i) Incremental Revolving Loans are to be denominated only
in US Dollars and Canadian Dollars, (ii) the aggregate amount of all the Incremental Revolving Commitments then being requested shall
not be less than $25,000,000 or the US Dollar Equivalent thereof at any such time and (iii) the aggregate amount of all Commitments hereunder,
after giving effect to new Commitments pursuant to this paragraph and the immediately preceding paragraph (and any concurrent reduction
in any Class of Commitments pursuant to Section 2.08(b)), shall not exceed $1,000,000,000. Each such notice shall specify (A) the date
on which the Company proposes that the Incremental Revolving Commitments shall be effective, which shall be a date not less than 10 Business
Days after the date on which such notice is delivered to the Administrative Agent, (B) the amount of the Incremental Revolving Commitments
being requested and (C) the Borrower(s) or Additional Borrower(s), as applicable (it being agreed that (x) any Lender approached to provide
any Incremental Revolving Commitment may elect or decline, in its sole discretion, to provide such Incremental Revolving Commitment and
(y) any Person that the Company proposes to become an Incremental Lender, if such Person is not then a Lender, must be an Eligible Assignee
and must be approved by the Administrative Agent and each Issuing Bank in respect of the Class of such Incremental Revolving Commitments
(such approvals not to be unreasonably withheld)).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) The Incremental Revolving Commitments shall be
effected pursuant to one or more Incremental Facility Agreements executed and delivered by the Company,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">each Incremental Lender providing such Incremental Revolving Commitments,
each Issuing Bank designated therein to issue Letters of Credit under such Incremental Revolving Commitments and the Administrative Agent.
Each Incremental Facility Agreement may, without the consent of any Revolving Lender, effect such amendments to this Agreement and the
other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to give effect to the provisions
of this Section with respect to the Incremental Revolving Commitments. The Incremental Revolving Loans will have terms and conditions
substantially identical to the Revolving Loans (other than with respect to pricing and maturity) and will otherwise be on terms and subject
to conditions reasonably satisfactory to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) Each Incremental Facility Agreement shall specify
the terms of the Incremental Revolving Loans to be made thereunder; <U>provided</U> that without the prior written consent of Lenders
holding a majority in aggregate principal amount of then outstanding Loans, (i) the Incremental Revolving Loans shall mature no earlier
than (and shall not require any mandatory commitment reductions prior to) the Maturity Date, (ii) the Incremental Revolving Loans shall
constitute a separate tranche of Loans (which, at the Company&#8217;s option, may be part of a tranche of &#8220;first in, last out&#8221;
term loans or revolving commitments subject to customary terms and conditions reasonably satisfactory to the Administrative Agent) and
(iii) if the interest rate spread applicable to any Incremental Revolving Loans denominated in US Dollars (which, for this purpose, shall
be deemed to include all upfront or similar fees and any pricing &#8220;floor&#8221; applicable to the Incremental Revolving Loans, but
excluding any underwriting, arrangement, structuring or similar fees that are not generally shared with the Lenders (collectively, &#8220;<U>Upfront
Payments</U>&#8221;), in each case paid to the Incremental Lenders in respect of the Incremental Revolving Commitments) exceeds (x) in
cases other than in respect of &#8220;first in, last out&#8221; facilities, the interest rate spread applicable to Loans of another Class
denominated in US Dollars (taking into account any Upfront Payments paid in respect of Loans of such other Classes) by more than 0.50%,
then the interest rate spread applicable to the Loans of such other Class denominated in US Dollars shall be increased so it equals the
interest rate applicable to such Incremental Revolving Loans less 0.50% and (y) in the case of any &#8220;first in, last out&#8221; facility,
the interest rate spread exceeds the interest rate spread applicable to Loans of another Class denominated in US Dollars (taking into
account any Upfront Payments paid in respect of Loans of such other Classes) by more than 1.50%, then the interest rate spread applicable
to the Loans of such other Class denominated in US Dollars shall be increased so it equals the interest rate applicable to such &#8220;first
in, last out&#8221; facility less 1.50%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(i) <U>Repayment&nbsp;of Loans; Evidence
of Indebtedness.</U> (A) &nbsp;The applicable Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the
account of each Lender the then unpaid principal amount of each Revolving Loan on the Maturity Date and (ii) to the Administrative Agent
the then unpaid principal amount of each Protective Advance on the earlier of the Maturity Date and demand by the Administrative Agent
in respect of such Protective Advance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Each Lender shall maintain in accordance with
its usual practice an account or accounts evidencing the indebtedness of the applicable 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) The Administrative Agent shall maintain accounts
in which it shall record (i)&nbsp;the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period applicable
thereto, (ii)&nbsp;the amount of any principal or interest due and payable or to become due and payable from the applicable Borrower to
each Lender hereunder and (iii)&nbsp;the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders
and each Lender&#8217;s share thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) The entries made in the accounts maintained pursuant
to paragraph&nbsp;(b) or&nbsp;(c) of this Section shall be prima facie evidence of the existence and amounts of the obligations recorded
therein; <U>provided</U> that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall
not in any manner affect the obligation of the applicable Borrower to repay the Loans in accordance with the terms of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) Any Lender may request that Loans made by it
be evidenced by a promissory note. In such event, the applicable Borrower shall prepare, execute and deliver to such Lender a promissory
note payable 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&nbsp;8.04) be represented
by one or more promissory notes in such form payable to the payee named therein (and its registered assigns).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) On each Business Day while a Cash Dominion Period
is in effect, the Administrative Agent shall apply any and all funds credited to the ABL Collection Account on such Business Day or the
immediately preceding Business Day (in the Permitted Discretion of the Administrative Agent), first, to prepay any Protective Advances
that may be outstanding, second, to prepay the Borrowings and unreimbursed LC Disbursements and, third, to cash collateralize outstanding
LC Exposure in the manner provided in Section 2.05(j) (to the extent such LC Exposure shall not have been theretofore cash collateralized
in accordance with such Section). The Borrowers hereby direct the Administrative Agent to apply the funds credited to the ABL Collection
Account as set forth above and authorize the Administrative Agent to determine the order of application of such funds as among the individual
Protective Advances or Borrowings and unreimbursed LC Disbursements. Each prepayment of a Borrowing shall be applied ratably to the Loans
included in such Borrowing. For the avoidance of doubt, funds used to prepay Borrowings or unreimbursed LC Disbursements may be reborrowed,
subject to the terms and conditions set forth herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(j) <U>Prepayment of Loans.</U> (A) &nbsp;&nbsp;The
Borrowers shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice
in accordance with paragraph (c) of this Section. In the event and on such occasion that (i) the total Revolving Exposures exceeds the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">total Revolving Commitments, (ii) the total Credit Exposures
of any other Class exceeds the total Commitments of such Class or (iii) the Aggregate Credit Exposure exceeds the lesser of (A) the sum
of (1) the Borrowing Base then in effect and (2) the Protective Advance Exposures and (B) the Aggregate Commitments then in effect, the
Company shall, on the third Business Day after notice thereof from the Administrative Agent has been delivered to the Company, first,
prepay any Protective Advances that may be outstanding and, second, prepay such outstanding Borrowing or Borrowings of the applicable
Class as the Company may elect in an aggregate amount equal to the amount of such excess; <U>provided</U> that if the total Credit Exposures
of any Class exceeds the total Commitments of such Class solely as a result of currency fluctuations, the Company shall not be required
to prepay the excess until such time as the total Credit Exposures of such Class exceeds 105% of the total Commitments of such Class,
in which case such excess shall be paid on the third Business Day after notice from the Administrative Agent is delivered to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) [reserved].</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) The applicable Borrower shall notify the Administrative
Agent by telephone (confirmed by telecopy) of any prepayment hereunder (i) in the case of prepayment of a Term SOFR or Term CORRA Borrowing,
not later than 11:00 a.m., New York City time, one Business Day before the date of prepayment and (ii) in the case of prepayment of an
ABR or Canadian Prime Rate Borrowing, not later than 11:00 a.m., New York City time, on the date of prepayment. Each such notice shall
be irrevocable and shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid and the
applicable currency of such Borrowing; <U>provided</U> that, if a notice of prepayment is given in connection with a conditional notice
of termination of the Commitments as contemplated by Section&nbsp;2.08, then such notice of prepayment may be revoked if such notice of
termination is revoked in accordance with Section&nbsp;2.08. Promptly following receipt of any such notice relating to a Borrowing, the
Administrative Agent shall advise the participating Lenders 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 Class and Type as provided in Section&nbsp;2.02.
Each prepayment of a Borrowing (other than a prepayment of the Loans of a Defaulting Lender pursuant to Section&nbsp;2.18(c)) 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&nbsp;2.12.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(k) <U>Fees.</U> (A) &nbsp;&nbsp;The Company
agrees to pay to the Administrative Agent for the account of each Lender a commitment fee in US Dollars, which shall accrue on the daily
unused amount of the Commitment of such Lender during the period from and including the Restatement Effective Date to but excluding the
date on which such Commitment terminates at a rate per annum equal to the applicable rate set forth in the table below based on Average
Utilization during the most recently ended fiscal quarter of the Company, with each change in such rate effective on the first day of
the first month immediately following the last day of such fiscal quarter; <U>provided</U> that prior to the end of the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">first full fiscal quarter of the Company after the Restatement
Effective Date, the commitment fee shall accrue at 0.30% per annum.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; border: Black 1pt solid; text-align: center; font-size: 10pt">Average Utilization</TD>
    <TD STYLE="width: 50%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-size: 10pt">Commitment Fee</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font-size: 10pt; text-align: center"><U>&gt; </U>50.0%</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-size: 10pt">0.25%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-size: 10pt">&lt; 50.0%</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-size: 10pt">0.30%</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Accrued commitment fees shall be payable in arrears on the last day
of March, June, September and December of each year and on the Maturity Date, commencing on the first such date to occur after the date
hereof. All commitment fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed
(including the first day but excluding the last day). For purposes of computing commitment fees, the Commitment of a Lender shall be deemed
to be used to the extent of the outstanding Loans and LC Exposure of such Lender (and the Protective Advance Exposures of such Lender
shall constitute unused Commitments for such purpose).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Each Borrower agrees to pay (i) to the Administrative
Agent for the account of each Lender of any Class a participation fee with respect to its participations in Letters of Credit of such
Class issued for the account of such Borrower, which shall accrue at the Applicable Rate on the daily amount of the LC Exposure of such
Class (excluding any portion thereof attributable to unreimbursed LC Disbursements of such Class) during the period from and including
the Restatement Effective Date to but excluding the later of the date on which such Lender&#8217;s Commitment of such Class terminates
and the date on which such Lender ceases to have any LC Exposure of such Class, and (ii) to the relevant Issuing Bank a fronting fee,
which shall accrue at the rate or rates per annum separately agreed upon between the applicable Borrower and such Issuing Bank on the
daily amount of the portion of the LC Exposure (excluding any portion thereof attributable to unreimbursed LC Disbursements) attributable
to outstanding Letters of Credit issued by such Issuing Bank for the account of such Borrower during the period from and including the
Restatement Effective Date to but excluding the later of the date of termination of the Commitments and the date on which there ceases
to be any LC Exposure in respect of Letters of Credit issued for the account of such Borrower, as well as such Issuing Bank&#8217;s standard
fees with respect to the issuance, amendment or extension of any Letter of Credit or processing of drawings thereunder. Participation
and fronting fees accrued through and including the last day of March, June, September and December of each year shall be payable on the
first Business Day following such last day, commencing on the first such date to occur after the Restatement Effective Date; <U>provided</U>
that all such fees shall be payable on the date on which the Commitments terminate and any such fees accruing after the date on which
the Commitments terminate shall be payable on demand. Any other fees payable by any Borrower to any Issuing Bank pursuant to this paragraph
shall be payable within 10 days after demand. All participation and fronting fees shall be computed on the basis of a year of 360 days
and shall be payable for the actual number of days elapsed (including the first</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">day but excluding the last day). In addition to the fees referred to
above, each Issuing Bank (i) may collect customary drawing fees from beneficiaries of Letters of Credit issued by it and (ii) may require
that Letters of Credit issued by it contain customary provisions for such drawing fees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) The Company agrees to pay to the Administrative
Agent, for its own account and for the account of the initial Lenders, fees in the amounts and at the times separately agreed upon between
the Company and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) All fees payable by the Borrowers hereunder shall
be paid in US Dollars on the dates due, in immediately available funds, to the Administrative Agent (or to the relevant Issuing Bank,
in the case of fees payable by the Borrowers to it) for distribution to the parties entitled thereto. Fees paid by the Borrowers shall
not be refundable under any circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(l) <U>Interest.</U> (A) &nbsp;&nbsp;The
Loans comprising each ABR&nbsp;Borrowing and each Protective Advance shall bear interest at the Alternate Base Rate plus the Applicable
Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) The Loans comprising each Canadian Prime Rate
Borrowing shall bear interest at the Canadian Prime Rate plus the Applicable Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) The Loans comprising each Term CORRA Borrowing
shall bear interest at the Adjusted Term CORRA for the Interest Period in effect for such Borrowing plus the Applicable Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) The Loans comprising each Term SOFR Borrowing
shall bear interest at the Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) Notwithstanding the foregoing, if any principal
of or interest on any Loan or any fee or other amount payable by the applicable Borrower hereunder is not paid when due, whether at stated
maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum
equal to (i) in the case of overdue principal of any Loan, 2% 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 amount, 2% plus the rate applicable to ABR Loans as provided in paragraph
(a) of this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(H) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(I) 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 or a Protective Advance, upon termination
of the Commitments; <U>provided</U> that (i) interest accrued</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">pursuant to paragraph&nbsp;(g) of this Section and interest accrued
on any Protective Advance shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than a prepayment
of an ABR or Canadian Prime Rate Loan prior to the end of the 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 any Term SOFR or Term
CORRA 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(J) All interest hereunder shall be computed on the
basis of a year of 360 days, except that (i) interest computed by reference to the Alternate Base Rate at times when the Alternate Base
Rate is based on the Prime Rate and (ii) interest on Borrowings denominated in Canadian Dollars shall each be computed on the basis of
a year of 365 days (or 366 days in a leap year), and in each case shall be payable for the actual number of days elapsed (including the
first day but excluding the last day). The applicable Alternate Base Rate, Canadian Prime Rate, Term CORRA or Term SOFR shall be determined
by the Administrative Agent, and such determination shall be conclusive absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(K) For purposes of disclosure pursuant to the <I>Interest
Act</I> (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other
Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of 360 days or any other period of time less
than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year
and divided by 360 or such other period of time, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(L) If any provision of this Agreement or of any
of the other Loan Documents would obligate any Canadian Loan Party to make any payment of interest or other amount payable to the Lenders
in an amount or calculated at a rate which would be prohibited by law or would result in a receipt by the Lenders of interest at a criminal
rate (as such terms are construed under the <I>Criminal Code</I> (Canada)) then, notwithstanding such provisions, such amount or rate
shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as the case may be, as would
not be so prohibited by law or so result in a receipt by the Lenders of interest at a criminal rate, such adjustment to be effected, to
the extent necessary, as follows: (1) <U>firstly</U>, by reducing the amount or rate of interest required to be paid to the Lenders under
this Section, and (2) thereafter, by reducing any fees, commissions, premiums and other amounts required to be paid to the Lenders which
would constitute &#8220;interest&#8221; for purposes of Section 347 of the <I>Criminal Code</I> (Canada). Notwithstanding the foregoing,
and after giving effect to all adjustments contemplated thereby, if the Lenders shall have received an amount in excess of the maximum
permitted by that section of the <I>Criminal Code</I> (Canada), the Canadian Loan Parties shall be entitled, by notice in writing to the
Administrative Agent, to obtain reimbursement from the Lenders in an amount equal to such excess and, pending such reimbursement, such
amount shall be deemed to be an amount payable by the Lenders to the Borrower. Any amount or rate of interest referred to in this Section
shall be determined in accordance with generally accepted actuarial</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">practices and principles as an effective annual rate of interest over
the term that the applicable Loan remains outstanding on the assumption that any charges, fees or expenses that fall within the meaning
of &#8220;interest&#8221; (as defined in the <I>Criminal Code</I> (Canada)) shall, if they relate to a specific period of time, be pro-rated
over that period of time and otherwise be pro-rated over the period from the closing date to the Maturity Date and, in the event of a
dispute, a certificate of a Fellow of the Canadian Institute of Actuaries appointed by the Administrative Agent shall be conclusive for
the purposes of such determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(m) <U>Alternate Rate of Interest.</U>
(a)&nbsp;&nbsp;If prior to the commencement of any Interest Period for a Term SOFR or Term CORRA Borrowing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the Administrative Agent determines (which determination
shall be conclusive absent manifest error), that adequate and reasonable means do not exist for ascertaining Adjusted Term SOFR or the
Adjusted Term CORRA (including because the Term SOFR Reference Rate or the Term CORRA Reference Rate, as applicable, is not available
or published on a current basis) for such Interest Period; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the Administrative Agent is advised by the Required
Lenders that Adjusted Term SOFR or the Adjusted Term CORRA for such Interest Period will not adequately and fairly reflect the cost to
such Lenders (or Lender) of making or maintaining their Loans (or its Loan) included in such Borrowing for such Interest Period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">then the Administrative Agent shall give notice thereof to the Company
and the Lenders by telephone or telecopy as promptly as practicable thereafter, but not later than 10:00&nbsp;a.m. New York City time
on the first day of such Interest Period, and, until the Administrative Agent notifies the Company 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 Borrowing to, or continuation
of any Borrowing as, an affected Term SOFR or Term CORRA Borrowing shall be ineffective, (B) any affected Term SOFR Borrowing that is
requested to be continued shall be converted to an ABR Borrowing on the last day of the Interest Period applicable thereto, (C) any affected
Term CORRA Borrowing that is requested to be continued shall be converted to a Canadian Prime Rate Borrowing on the last day of the Interest
Period applicable thereto and (D) if any Borrowing Request requests an affected Term SOFR or Term CORRA Borrowing, then, unless the applicable
Borrower notifies the Administrative Agent by 2:00 p.m. New York City time on the date of such Borrowing that it elects not to borrow
on such date, such Borrowing shall (1) in the case of a Borrowing denominated in US Dollars, be deemed a request for an ABR Borrowing
or (2) in the case of a Borrowing denominated in Canadian Dollars, be deemed a request for a Canadian Prime Rate Borrowing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(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 &#8220;Benchmark Replacement&#8221; with respect to US Dollars for such Benchmark Replacement Date, such Benchmark
Replacement will replace such</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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 &#8220;Benchmark Replacement&#8221; with respect to US Dollars or CAD 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) In connection with the 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) The Administrative Agent will promptly notify
the Borrower and the Lenders of any occurrence of a Benchmark Transition Event, the implementation of any Benchmark Replacement, the effectiveness
of any Benchmark Replacement Conforming Changes, the removal or reinstatement of any tenor of a Benchmark pursuant to clause (f) below
and 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 2.13, 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 2.13.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(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), if the then-current
Benchmark is a term rate (including Adjusted Term SOFR or Term CORRA) and either 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 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 &#8220;Interest
Period&#8221; for any Benchmark settings at or after such time to remove such unavailable or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">non-representative tenor and if a tenor that was removed pursuant to
clause (i) above either is subsequently displayed on a screen or information service for a Benchmark (including a Benchmark Replacement)
or 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 &#8220;Interest Period&#8221; for all Benchmark settings at or
after such time to reinstate such previously removed tenor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) Upon the Company&#8217;s receipt of notice of
the commencement of a Benchmark Unavailability Period, any Borrower may revoke any request for a Borrowing of, conversion to or continuation
of affected Term SOFR or Term CORRA Loans to be made, converted or continued during any Benchmark Unavailability Period and, failing that,
such Borrower will be deemed to have converted (x) any request for a Borrowing of, conversion to or continuation of affected Term SOFR
Loans into a request for a Borrowing of or conversion to ABR Loans and (y) any request for a Borrowing of, conversion to or continuation
of affected Term CORRA Loans into a request for a Borrowing of or conversion to Canadian Prime Rate Loans. During any Benchmark Unavailability
Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, (x) with respect to US Dollars, 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 and (y) with respect to CAD, the component of the Canadian Prime Rate based upon the then-current Benchmark or such tenor for such
Benchmark, as applicable, will not be used in any determination of the Canadian Prime Rate. Furthermore, if any Term SOFR Loan or Term
CORRA Loan is outstanding on the date of the Borrower&#8217;s receipt of notice of the commencement of a Benchmark Unavailability Period
with respect to Adjusted Term SOFR or the Adjusted Term CORRA, as applicable, then until such time as the applicable Benchmark Replacement
is implemented pursuant to this Section 2.13, in the case of a Term SOFR Loan, 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 and in the case of a Term CORRA Loan, 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), such Loan shall be converted by the Administrative
Agent to, and shall constitute, a Canadian Prime Rate Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(n) <U>Increased Costs.</U> (a)&nbsp;&nbsp;If
any Change in Law shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">impose, modify or deem applicable any reserve, special
deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender or any Issuing
Bank; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">impose on any Lender or any Issuing Bank or the applicable
offshore interbank market any other condition affecting this Agreement or Term SOFR or Term CORRA Loans made by such Lender or any Letter
of Credit or participation therein (other than an imposition or change in Indemnified Taxes, Other Taxes or Excluded Taxes, or any Change
in Law relating to capital or liquidity requirements or the rate of return on capital,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">with respect to which Section&nbsp;2.16 and paragraph (b) of this Section,
respectively, shall apply);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">and the result of any of the foregoing shall be to increase the cost
to such Lender or such other Recipient of making or maintaining, or reduce the amount receivable by any Lender with respect to, any Term
SOFR or Term CORRA Loan (or of maintaining its obligation to make any such Loan) or to increase the cost to such Lender or such Issuing
Bank of participating in, issuing or maintaining any Letter of Credit or Protective Advance, then the Company will pay to such Lender
or such Issuing Bank, as the case may be, such additional amount or amounts as will compensate such Lender or such Issuing Bank, as the
case may be, for such additional costs incurred or reduction suffered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) If any Lender or any Issuing Bank determines
that any Change in Law regarding capital requirements has or would have the effect of reducing the rate of return on such Lender&#8217;s
or such Issuing Bank&#8217;s capital or on the capital of such Lender&#8217;s or such Issuing Bank&#8217;s holding company, if any, as
a consequence of this Agreement or the Loans made by, or participations in Letters of Credit or Protective Advances 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&#8217;s
or such Issuing Bank&#8217;s holding company could have achieved but for such Change in Law (taking into consideration such Lender&#8217;s
or such Issuing Bank&#8217;s policies and the policies of such Lender&#8217;s or such Issuing Bank&#8217;s holding company with respect
to capital adequacy), then from time to time the Company will pay to such Lender or such Issuing Bank, as the case may be, such additional
amount or amounts as will compensate such Lender or such Issuing Bank or such Lender&#8217;s or such Issuing Bank&#8217;s holding company
for any such reduction suffered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) A certificate of a Lender or an Issuing Bank
setting forth the amount or amounts necessary to compensate such Lender or such Issuing Bank or its holding company, as the case may be,
as specified in paragraph&nbsp;(a) or (b) of this Section shall be delivered to the Company and shall be conclusive absent manifest error.
The Company shall pay such Lender or such Issuing Bank, as the case may be, the amount shown as due on any such certificate within 15&nbsp;days
after receipt thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(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&#8217;s or such Issuing
Bank&#8217;s right to demand such compensation; <U>provided</U> that the Company shall not be required to compensate a Lender or an Issuing
Bank pursuant to this Section for any increased costs or reductions incurred more than 180 days prior to the date that such Lender or
such Issuing Bank, as the case may be, notifies the Company of the Change in Law giving rise to such increased costs or reductions and
of such Lender&#8217;s or such Issuing Bank&#8217;s intention to claim compensation therefor; <U>provided further</U> that, if the Change
in Law giving rise to such increased costs or reductions is retroactive, then the 180-day period referred to above shall be extended to
include the period of retroactive effect thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(o) <U>Break Funding Payments.</U> In
the event of (a) the payment of any principal of any Term SOFR or Term CORRA 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 SOFR or Term CORRA Loan other than on the last
day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Term SOFR or CDOR Rate Loan
on the date specified in any notice delivered pursuant hereto (regardless of whether such notice may be revoked under Section&nbsp;2.10(c)
and is revoked in accordance therewith) or (d)&nbsp;the assignment of any Term SOFR or Term CORRA other than on the last day of the Interest
Period applicable thereto as a result of a request by a Borrower pursuant to Section&nbsp;2.18, then, in any such event, the applicable
Borrower shall compensate each Lender for the loss, cost and expense attributable to such event which, in the reasonable judgment of such
Lender, such Lender (or an existing or prospective participant in a related Loan) incurred, including any loss incurred in obtaining,
liquidating or employing deposits from third parties, but excluding loss of margin for the period after any such payment. A certificate
of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this Section shall be delivered
to the applicable Borrowers and shall be conclusive absent manifest error. The applicable Borrower shall pay such Lender the amount shown
as due on any such certificate within 15&nbsp;days after receipt thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(p) <U>Taxes.</U> (A) &nbsp;Each payment
by any Loan Party under any Loan Document shall be made without withholding for any Taxes, unless such withholding is required by any
law. If any Withholding Agent determines, in its sole discretion exercised in good faith, that it is so required to withhold Taxes, then
such Withholding Agent may so withhold and shall timely pay the full amount of withheld Taxes to the relevant Governmental Authority in
accordance with applicable law. If such Taxes are Indemnified Taxes, then the amount payable by such Loan Party shall be increased as
necessary so that, net of such withholding (including such withholding applicable to additional amounts payable under this Section), the
applicable Recipient receives the amount it would have received had no such withholding been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) In addition, the Loan Parties shall pay any Other
Taxes to the relevant Governmental Authority in accordance with applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) Each Loan Party shall jointly and severally indemnify
each Recipient within 15 days after written demand therefor, for the full amount of any Indemnified Taxes paid by such Recipient on or
with respect to any payment by or on account of any obligation of any Loan Party hereunder (including Indemnified Taxes imposed or asserted
on or attributable to amounts payable under this Section) 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; <U>provided</U>, that
the Loan Parties shall not be obligated to make payment to such Recipient for penalties, interest or expenses attributable to the gross
negligence or willful misconduct of such Recipient. A certificate as to the amount of such payment or liability</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">delivered to the applicable Loan Party by a Recipient, or by the Administrative
Agent on behalf of another Recipient, shall be conclusive absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) Each Lender shall severally indemnify the Administrative
Agent, within 10 days after written demand therefor, for the full amount of any Taxes (but, in the case of any Indemnified Taxes, only
to the extent that the Loan Parties have not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting
the obligation of the Loan Parties to do so) attributable to such Lender that are paid or payable by the Administrative Agent in connection
with any Loan Document and any reasonable expenses arising therefrom or with respect thereto, whether or not such Excluded Taxes were
correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate setting forth and explaining in reasonable
detail the amount of such payment or liability delivered to a Lender by the Administrative Agent shall be conclusive absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) As soon as practicable after any payment of Indemnified
Taxes or Other Taxes by a Loan Party to a Governmental Authority, the Company 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) Any Foreign Lender that is entitled to an exemption
from, or reduction of withholding Tax under the law of the United States of America, or any treaty to which the United States of America
is a party, with respect to payments under this Agreement or any other Loan Document shall deliver to the Company (with a copy to the
Administrative Agent), on or prior to the date of this Agreement (or, in the case of any Lender that becomes a party to this Agreement
pursuant to an Assignment and Assumption, on or about the date on which such Lender becomes a Lender under this Agreement) either (a)
two properly executed originals of Form W-8ECI or Form W-8BEN or Form W-8BEN-E, as applicable (or any successor forms) prescribed by the
IRS or other documents satisfactory to the Company and the Administrative Agent, as the case may be, certifying (i) that all payments
to be made to such Foreign Lender under the Loan Documents are exempt from United States withholding Taxes because such payments are effectively
connected with the conduct by such Lender of a trade or business within the United States and are included in such Lender&#8217;s gross
income or (ii) that all payments to be made to such Foreign Lender under the Loan Documents are completely exempt from Taxes or are subject
to such Taxes at a reduced rate by an applicable Tax treaty, (b)(i) a certificate executed by such Lender certifying that such Lender
is not a &#8220;bank&#8221; within the meaning of Section 881(c)(3)(A) of the Code and that such Lender qualifies for the portfolio interest
exemption under Section 881(c) of the Code, and (ii) two properly executed originals of IRS Form W-8BEN or Form W-8BEN-E, as applicable
(or any successor form) or (c) in the case of a Foreign&nbsp;Lender that is not the beneficial owner of payments made under this Agreement
(including a partnership or a participating Lender) (i)&nbsp;an IRS&nbsp;Form W-8IMY on behalf of itself and (ii)&nbsp;the relevant forms
prescribed in this paragraph&nbsp;(f)(A)&nbsp;that would be required of each such beneficial owner or partner of such partnership if such
beneficial owner or partner were a Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>provided</U>, <U>however</U>, that if the Lender is a partnership
and one or more of its partners are claiming the exemption for portfolio interest under Section&nbsp;881(c) of the Code, such Lender may
provide a certificate described in clause (b)(i) on behalf of such partners, in each case, certifying such Lender&#8217;s entitlement
to an exemption from, or reduction of, U.S. federal withholding Tax with respect to payments of interest to be made hereunder or under
this Agreement or any other Loan Document. In the case of a Foreign Lender claiming the benefits of an income tax treaty to which the
United States is a party, the IRS Form W-8BEN or Form W-8BEN-E, as applicable, shall (x) with respect to payments of interest under the
Loan Documents, establish an exemption from U.S. federal withholding Tax pursuant to the &#8220;interest&#8221; article of such tax treaty
and (y) with respect to any other applicable payments under the Loan Documents, establish an exemption from U.S. federal withholding Tax
pursuant to the &#8220;business profits&#8221; or &#8220;other income&#8221; article of such tax treaty. Each Lender that is not a Foreign
Lender shall deliver to the Company (with a copy to the Administrative Agent) two properly executed originals IRS Form W-9 (or any successor
form). Each Lender agrees (but only to the extent it is legally entitled to do so) to provide the Company (with a copy to the Administrative
Agent) with new forms prescribed by the IRS upon the expiration or obsolescence of any previously delivered form, after the occurrence
of any event requiring a change in the most recent forms delivered by it to the Company and the Administrative Agent, or at any other
time reasonably requested by the Company or promptly notify the Company or the Administrative Agent in writing of its legal inability
to do so.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">If a payment made to a Lender under any Loan Document
would be subject to U.S.&nbsp;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&nbsp;1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver
to the Withholding Agent, at the time or times prescribed by law and at such time or times reasonably requested by the Withholding Agent,
such documentation prescribed by applicable law (including as prescribed by Section&nbsp;1471(b)(3)(C)(i) of the Code) and such additional
documentation reasonably requested by the Withholding Agent as may be necessary for the Withholding Agent to comply with its obligations
under FATCA, to determine that such Lender has or has not complied with such Lender's obligations under FATCA and, as necessary, to determine
the amount to deduct and withhold from such payment. Solely for purposes of this Section&nbsp;2.16(f)(B), &#8220;FATCA&#8221; shall include
any amendments made to FATCA after the date of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Any Lender that is entitled to an exemption from,
or reduction of withholding Tax under the laws of a country other than the United States of America, or any treaty to which such country
is a party, with respect to payments under this Agreement or any other Loan Document shall deliver to the Company (with a copy to the
Administrative Agent), at the time or times reasonably requested by the Company or the Administrative Agent, (A) such properly completed
and duly executed documentation prescribed by applicable laws as will permit the Company or the Administrative Agent, as the case may
be, to establish such Lender&#8217;s entitlement to any available exemption from, or reduction of, applicable Taxes (other than United
States Taxes), and (B) such other documentation and reasonably requested information as will permit the Company or the Administrative
Agent, as the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">case may be, to determine, if applicable, the required rate of withholding
or deduction for any applicable Taxes and any required information reporting requirements, in each case, in respect of any payments to
be made to such Lender pursuant to any Loan Document. The completion, execution and submission of any documentation contemplated by this
Section 2.16(f)(C) shall not be required if in the Lender&#8217;s 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. Each
Lender shall deliver to the Company and the Administrative Agent two further original copies of any previously delivered form or certification
(or any applicable successor form) on or before the date that any such form or certification expires or becomes obsolete or inaccurate
and promptly after the occurrence of any event requiring a change in the most recent form previously delivered by it to the Company or
the Administrative Agent, or promptly notify the Company and the Administrative Agent that it is unable to do so. Each Lender shall promptly
notify the Administrative Agent at any time it determines that it is no longer in a position to provide any previously delivered form
or certification under this Section 2.16(f)(C) to the Company or the Administrative Agent. Notwithstanding any other provision of this
Section 2.16(f)(C), a Lender or Agent shall not be required to deliver any form pursuant to this Section 2.16(f)(C) that it is not legally
able to deliver.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) If the Administrative Agent or a Lender determines,
in its sole discretion, that it has received a refund of any Taxes as to which it has been indemnified by a Loan Party or with respect
to which a Loan Party has paid additional amounts pursuant to this Section, it shall pay over such refund to the Loan Party (but only
to the extent of indemnity payments made, or additional amounts paid, by the Loan Party under this Section with respect to the Taxes giving
rise to such refund), net of all out-of-pocket expenses of the Administrative Agent or such Lender and without interest (other than any
interest paid by the relevant Governmental Authority with respect to such refund); <U>provided</U>, that the Loan Party, upon the request
of the Administrative Agent or such Lender, agrees to repay the amount paid over to the Loan Party (plus any penalties, interest or other
charges imposed by the relevant Governmental Authority) to the Administrative Agent or such Lender in the event the Administrative Agent
or such Lender is required to repay such refund to such Governmental Authority. This Section shall not be construed to require the Administrative
Agent or any Lender to make available its tax returns (or any other information relating to its taxes which it deems confidential) to
the Loan Party or any other Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(H) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(I) [Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(J) Each party&#8217;s obligations under this Section
2.16 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a
Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all obligations under this Agreement and any
other Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(q) <U>Payments Generally; Pro Rata Treatment;
Sharing of Set-offs.</U> (A) Each Borrower shall make each payment required to be made by it hereunder (whether of principal, interest,
fees or reimbursement of LC Disbursements, or of amounts payable under Section&nbsp;2.14, 2.15 or 2.16, or otherwise) on the date when
due, in immediately available funds, without set&#45;off or counterclaim, and each Borrower agrees to instruct its bank which will be
transmitting such funds with respect to such payments not later than 10:00&nbsp;A.M. (New York City time) on the date when due. All such
payments shall be made to the Administrative Agent at its offices at 383 Madison Avenue, New York, New York, except payments to be made
directly to an Issuing Bank as expressly provided herein and except that payments pursuant to Sections&nbsp;2.14, 2.15, 2.16 and 8.03
shall be made directly to the Persons entitled thereto. The Administrative Agent shall distribute any such payments received by it for
the account of any other Person to the appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due
on a day that is not a Business Day, the date for payment shall be 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. Payments of principal and interest on any
Loan shall be in the currency in which such Loan is denominated. Reimbursement of LC Disbursement and interest thereon shall be paid in
the currency in which such LC Disbursement was made. All other payments hereunder shall be made in US Dollars.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(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 from an applicable Borrower hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due from such
Borrower hereunder, ratably among the parties entitled thereto in accordance with the amounts of such interest and fees then due to such
parties by such Borrower, and (ii) second, towards payment of principal and unreimbursed LC Disbursements then due from such Borrower
hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed LC Disbursements then
due to such parties by such Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) If any Lender shall, by exercising any right
of set&#45;off or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of its (i) Revolving Loans
or participations in LC Disbursements in respect of Letters of Credit or Protective Advances or (ii) Loans or participations in LC Disbursements
or Protective Advances of any other Class resulting in such Lender receiving payment of a greater proportion of the aggregate amount of
its (i) Revolving Loans and participations in LC Disbursements and Protective Advances or (ii) Loans and participations in LC Disbursements
and Protective Advances of any other Class and, in each case, accrued interest thereon than the proportion received by any other Lender
of the applicable Class, then the Lender receiving such greater proportion shall purchase (for cash at face value) participations in the
(i) Revolving Loans and participations in LC Disbursements in respect of Letters of Credit and Protective Advances or (ii) Loans and participations
in LC Disbursements and Protective Advances of any other Class of other Lenders of the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">applicable Class to the extent necessary so that the benefit of all
such payments shall be shared by the Lenders of the applicable Class ratably in accordance with the aggregate amount of principal of and
accrued interest on their respective (i) Revolving Loans and participations in LC Disbursements in respect of Letters of Credit and Protective
Advances or (ii) Loans and participations in LC Disbursements and Protective Advances of any other Class; <U>provided</U> 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 a 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 or Protective Advances to any assignee or participant, other than to the Company or any Subsidiary or Affiliate thereof
(as to which the provisions of this paragraph shall apply). The Borrowers consent to the foregoing and agree, to the extent they may effectively
do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the
Borrowers rights of set-off and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the
Borrowers in the amount of such participation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) Unless the Administrative Agent shall have received
notice from the applicable Borrower prior to the date on which any payment is due to the Administrative Agent for the account of any Lenders
or any Issuing Bank hereunder that such Borrower will not make such payment, the Administrative Agent may assume that such Borrower has
made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the applicable Lenders
or such Issuing Bank, as the case may be, the amount due. In such event, if such Borrower has not in fact made such payment, then each
of the applicable Lenders or such Issuing Bank, as the case may be, 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 (A) (x) the Federal Funds
Effective Rate in the case of Loans denominated in US Dollars and (y) the rate reasonably determined by the Administrative Agent to be
the cost of funding such amount, in the case of Loans denominated in Canadian Dollars and (B) a rate determined by the Administrative
Agent in accordance with banking industry rules on interbank compensation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) If any Lender shall fail to make any payment
required to be made by it pursuant to Section&nbsp;2.05(d) or (e), 2.06(b) or 2.17(d), then the Administrative Agent may, in its discretion
(notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Administrative Agent for the account of
such Lender to satisfy such Lender&#8217;s obligations under such Sections until all such unsatisfied obligations are fully paid.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(r) <U>Mitigation Obligations; Replacement
of Lenders.</U> (A) &nbsp;&nbsp;If any Lender requests compensation under Section&nbsp;2.14 or 2.21, or if a Borrower is</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">required to pay any additional amount to any Lender or any
Governmental Authority for the account of any Lender pursuant to Section&nbsp;2.16 or 2.21, then such Lender shall use reasonable efforts
to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to
another of its offices, branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i) would eliminate
or reduce amounts payable pursuant to Section 2.14, 2.16 or 2.21, as the case may be, in the future and (ii) would not subject such Lender
to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The applicable Borrower hereby agrees to
pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) If any Lender requests compensation under Section&nbsp;2.14
or 2.21, or if a Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any
Lender pursuant to Section&nbsp;2.16 or 2.21, or if any Lender becomes a Defaulting Lender, then the Company 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&nbsp;8.04), all its interests, rights and obligations under this
Agreement to an Eligible Assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment);
<U>provided</U> that (i) the Company shall have received the prior written consent of the Administrative Agent (and, if a Commitment is
being assigned, the Issuing Banks), which consents shall not unreasonably be withheld, (ii) such Lender shall have received payment of
an amount equal to the outstanding principal of its Loans and participations in LC Disbursements and Protective Advances, accrued interest
thereon, accrued fees and all other amounts, in each case payable to it by the applicable Borrower hereunder, from the assignee (to the
extent of such outstanding principal and accrued interest and fees) or the applicable Borrower (in the case of all other amounts) and
(iii)&nbsp;in the case of any such assignment resulting from a claim for compensation under Section&nbsp;2.14 or 2.21, or payments required
to be made pursuant to Section&nbsp;2.16 or 2.21, such assignment will result in a material reduction in such compensation or payments.
A Lender shall not be required to make any such assignment and delegation if, prior thereto, as a result of a waiver by such Lender or
otherwise, the circumstances entitling the applicable Borrower to require such assignment and delegation cease to apply.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) If any Lender becomes a Defaulting Lender, then,
and at any time thereafter while such Lender continues to be a Defaulting Lender, the Company may, in its sole discretion, terminate the
Commitment of such Lender and prepay all Loans of such Lender then outstanding, together with interest thereon to the date of such prepayment;
<U>provided</U> that such termination and prepayment shall be permitted only if, after giving effect thereto (including the adjustment
of Credit Exposures of the Lenders to give effect to the allocation of LC Exposure in accordance with the Applicable Percentages of the
Lenders after giving effect thereto), no Lender&#8217;s Credit Exposure shall exceed its Commitment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) In connection with any proposed amendment, modification
or waiver of or with respect to any provision of this Agreement (a &#8220;<U>Proposed Change</U>&#8221;) requiring the consent of all
Lenders, if the consent of the Required Lenders to such Proposed Change is obtained, but the consent to such Proposed Change of other
Lenders whose consent is required is not obtained, then the Company may, at its sole expense and effort, upon notice to each Non-Consenting
Lender and the Administrative Agent, require each Non-Consenting Lender to assign and delegate, without recourse (in accordance with and
subject to the restrictions contained in Section&nbsp;8.04) all its interests, rights and obligations under this Agreement to an Eligible
Assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); <U>provided</U>
that (i) the Company shall have received the prior written consent of the Administrative Agent, which consent shall not be unreasonably
withheld, (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 and Protective Advances, accrued interest thereon, accrued fees and all other amounts, in each case
payable to it by the Company hereunder, from the assignee (to the extent of such outstanding principal and accrued interest and fees)
or the Company (in the case of all other amounts) and (iii) the Company shall not be permitted to require any Non-Consenting Lender to
make any such assignment unless all Non-Consenting Lenders are required to make such assignments and, as a result thereof, the Proposed
Change will become effective.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(s) <U>Defaulting Lenders.</U> Notwithstanding
any other provision of this Agreement to the contrary, if any Lender becomes a Defaulting Lender then the following provisions shall apply
for so long as such Lender is a Defaulting Lender:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(A) if any Protective Advance Exposures
in respect of any Class exists at the time a Lender of such Class is a Defaulting Lender the Protective Advance Exposures of such Defaulting
Lender shall be reallocated among the non-Defaulting Lenders at such time in accordance with their respective Applicable Percentages but
only to the extent that after giving effect to any such reallocation, (i) the Credit Exposure of each non-Defaulting Lender of such Class
would not exceed its Commitments of such Class and (ii) the total Credit Exposure of all non-Defaulting Lenders of such Class would not
exceed the total Commitments of such Lenders of such Class; <U>provided</U> that if such reallocation cannot, or can only partially, be
effected, the Company shall within one Business Day following notice by the Administrative Agent prepay the portion of such Defaulting
Lender&#8217;s Protective Advance Exposures that has not been reallocated; <U>provided</U>, <U>further</U>, that the conditions set forth
in Section&nbsp;4.02 are satisfied at the time of such reallocation (and, unless the Company shall have otherwise notified the Administrative
Agent at such time, the Company shall be deemed to have represented and warranted that such conditions are satisfied at such time);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(B) if any LC Exposure in respect of
any Class exists at the time a Lender of such Class is a Defaulting Lender the Company shall within three Business Days following notice
by the Administrative Agent either (i)&nbsp;cash collateralize such Defaulting Lender&#8217;s LC Exposure of such Class in accordance
with the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">procedures set forth in Section&nbsp;2.05(j) for so long
as such Defaulting Lender&#8217;s LC Exposure of such Class is outstanding, (ii)&nbsp;elect, by notice to the Administrative Agent, an
LC Exposure Reallocation with respect to such Defaulting Lender&#8217;s LC Exposure of such Class, <U>provided</U> that the conditions
set forth in Section&nbsp;4.02 are satisfied at the time of such reallocation (and, unless the Company shall have otherwise notified the
Administrative Agent at such time, the Company shall be deemed to have represented and warranted that such conditions are satisfied at
such time) or (iii)&nbsp;comply with a combination of clauses&nbsp;(i) and (ii) above with respect to such Defaulting Lender&#8217;s LC
Exposure of such Class;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(C) no Issuing Bank shall be required
to issue, amend or increase any Letter of Credit of any Class unless the Company provides cash collateral or elects an LC Exposure Reallocation
(or a combination thereof) in accordance with clause&nbsp;(b) above in respect of such Defaulting Lender&#8217;s LC Exposure of such Class
in respect thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(D) no commitment fees, participation
fees or LC fees shall accrue for the account of or be payable to such Defaulting Lender; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(E) the Commitment and Credit Exposure
of such Defaulting Lender shall not be included in determining whether the Required Lenders, the Supermajority 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&nbsp;8.02 or Section 8.02A); <U>provided</U> that any amendment, waiver or other modification requiring
the consent of all Lenders or all Lenders affected thereby shall, except as otherwise provided in Section&nbsp;8.02, require the consent
of such Defaulting Lender in accordance with the terms hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">It is understood that, if the Commitment of a Defaulting
Lender is assigned pursuant to Section&nbsp;2.18(b) or terminated pursuant to Section&nbsp;2.18(c), the provisions of this Section&nbsp;2.19
shall cease to apply in respect of such Defaulting Lender and its Commitment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(t) <U>Additional Borrowers; Borrowing
Subsidiary Terminations.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) After the Restatement Effective Date, the Company
may designate any wholly-owned Domestic Subsidiary or Canadian Subsidiary acceptable to the Lenders of any Class of Commitments and the
Administrative Agent as an Additional Borrower in respect of such Class by delivery to the Administrative Agent of (i)&nbsp;an Additional
Borrower Agreement executed by such Subsidiary and the Company, substantially in the form of Exhibit&nbsp;B-1 hereto (each, an &#8220;<U>Additional
Borrower Agreement</U>&#8221;), (ii)&nbsp;a favorable written opinion (addressed to the Administrative Agent and the Lenders) of counsel
of such Subsidiary or Subsidiaries (which opinion shall be reasonably satisfactory to the Administrative Agent) and (iii) reasonably satisfactory
documentation and other information reasonably requested by it or any Lender of such Class to satisfy the requirements of bank regulatory
authorities under applicable &#8220;know</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">your customer&#8221; and anti-money laundering rules and regulations,
including the Patriot Act. Upon the written acceptance of the Additional Borrower Agreement by the Administrative Agent and all the Lenders
of the applicable Class, in each applicable Lender&#8217;s sole discretion, such Subsidiary shall for all purposes of this Agreement be
an Additional Borrower with respect to such Class and a party to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) If the Company wishes to terminate a Borrowing
Subsidiary, the Company may execute and deliver to the Administrative Agent, at least ten Business Days prior to effectiveness, a Borrowing
Subsidiary Termination substantially in the form of Exhibit B-2 hereto (each, a &#8220;<U>Borrowing Subsidiary Termination</U>&#8221;)
with respect to any Borrowing Subsidiary, and such Subsidiary shall cease to be a Borrowing Subsidiary and a party to this Agreement.
Notwithstanding the foregoing, no Borrowing Subsidiary Termination will become effective as to any Borrowing Subsidiary at a time when
any principal of or interest on any Loan to such Borrowing Subsidiary shall be outstanding hereunder. Promptly following receipt of any
Additional Borrower Agreement or Borrowing Subsidiary Termination, the Administrative Agent shall send a copy thereof to each Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(u) <U>Canadian Borrower Costs.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) If the cost to any Lender of making or maintaining
any Loan to any Additional Borrower that is a Canadian Borrower is increased, or the amount of any sum received or receivable by any Lender
(or its lending office) from any such Canadian Borrower is reduced, by an amount deemed in good faith by such Lender to be material, by
reason of the fact that such Additional Borrower is organized under the laws of, or principally conducts its business in, a jurisdiction
or jurisdictions outside the United States of America, the Company shall indemnify such Lender for such increased cost or reduction within
30 days after demand by such Lender (with a copy to the Administrative Agent). A certificate of such Lender claiming compensation under
this subsection (a) and setting forth the additional amount or amounts to be paid to it hereunder, together with calculations in reasonable
detail supporting such amounts, shall be conclusive in the absence of clearly demonstrable error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Each Lender will promptly notify the Company
and the Administrative Agent of any event of which it has knowledge that will entitle such Lender to additional interest or payments pursuant
to paragraph (a) above, but in any event within 45 days after such Lender obtains actual knowledge thereof; <U>provided</U> that (i) if
any Lender fails to give such notice within 45 days after it obtains actual knowledge of such an event, such Lender shall, with respect
to compensation payable pursuant to this Section&nbsp;in respect of any costs resulting from such event, only be entitled to payment under
this Section&nbsp;for costs incurred from and after the date 45 days prior to the date that such Lender does give such notice and (ii)
each Lender will designate a different applicable lending office, if, in the judgment of such Lender, such designation will avoid the
need for, or reduce the amount of, such compensation and will not be otherwise disadvantageous to such Lender or to the Company or any
Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) The foregoing provisions of this Section shall
not apply to Taxes imposed on or with respect to payments made by the Borrowers hereunder or Other Taxes, which Taxes shall be governed
in each case solely by Section 2.16.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 17.<BR>
<BR>
Representations and Warranties</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Company represents and warrants to the Lenders
that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(a) <U>Corporate Existence and Power.</U>
Each Loan Party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has
all corporate or other organizational power and authority required to carry on its business as now conducted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(b) <U>Corporate and Governmental Authorization;
No Contravention.</U> The Transactions to be entered into by each Loan Party (a) are within such Loan Party&#8217;s corporate or other
organizational power, (b) have been duly authorized by all necessary corporate or other organizational action, (c) require no action by
or in respect of, or filing with, any governmental body, agency or official (other than the filing of reports with the Securities and
Exchange Commission and filings necessary to satisfy the Collateral and Guarantee Requirement) and (d) do not contravene, or constitute
a default under, (i) any provision of applicable law or regulation, (ii) the certificate of incorporation, bylaws or other organizational
documents of such Loan Party or (iii) any agreement, judgment, injunction, order, decree or other instrument binding upon such Loan Party,
in each case of clauses (c), (d)(i) and (d)(iii) where the failure to take such action, make such filing or contravention or default would
reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(c) <U>Binding Effect.</U> This Agreement
has been duly executed and delivered by the Borrowers and constitutes, and each Collateral Agreement (at such times as the Collateral
and Guarantee Requirement is required to be satisfied) has been duly executed and delivered by the Company and each Material Subsidiary
party thereto and constitutes, a valid and binding obligation of the Company (and such Material Subsidiary, if applicable), enforceable
in accordance with its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting creditors&#8217; rights generally,
concepts of reasonableness and general principles of equity, regardless of whether considered in a proceeding in equity or at law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(d) <U>Financial Information.</U> (A)
The consolidated balance sheet of the Company and the Subsidiaries and the related consolidated statements of income, shareholders&#8217;
equity and cash flows as of and for (i) Fiscal Year 2020, reported on by Ernst &amp; Young LLP and set forth in the Company&#8217;s Annual
Report on Form&nbsp;10-K for Fiscal Year 2020, a copy of which has been delivered to each of the Lenders, and (ii) the first fiscal quarter
of Fiscal Year 2021,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">certified by a Financial Officer, in each case fairly present,
in conformity with GAAP (except, in the case of the financial statements referred to in clause (ii) above, for normal year-end adjustments
and the absence of footnotes), the consolidated financial position of the Company and the Subsidiaries as of such date and their consolidated
results of operations and cash flows for such Fiscal Year or portion of such Fiscal Year, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) From January 30, 2021 to the date hereof or any
Test Date, as applicable, there has been no material adverse change in the business, financial position or results of operations of the
Company and the Consolidated Subsidiaries, considered as a whole.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(e) <U>Litigation and Environmental Matters.</U>
(A) Except for the Disclosed Matters, there is no action, suit or proceeding pending against, or to the knowledge of the Company threatened
against or affecting, the Company or any Consolidated Subsidiaries before any court or arbitrator or any governmental body, agency or
official in which there is, in the good faith judgment of the Company (which shall be conclusive), a reasonable possibility of an adverse
decision which would reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Except with respect to any matters that, individually
or in the aggregate, are not reasonably expected in the good faith judgment of the Company (which shall be conclusive) to have a Material
Adverse Effect of the type referred to in clause (a) of the definition thereof, neither the Company nor any of the Consolidated Subsidiaries
(i)&nbsp;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)&nbsp;has become subject to any Environmental Liability, (iii)&nbsp;has received notice of any claim
with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) Since the date of this Agreement, there has been
no change in the status of the Disclosed Matters that, individually or in the aggregate in the good faith judgment of the Company (which
shall be conclusive), has resulted in a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(f) <U>Anti-Corruption Laws and Sanctions.</U>
The Company has implemented and maintains in effect policies and procedures designed to promote compliance by the Company, its Subsidiaries
and their respective directors, officers, employees and agents (acting in their capacity as such) with the FCPA, the U.K. Bribery Act
2010 and applicable Sanctions, and the Company and each of its Subsidiaries, to the knowledge of the Company, is in compliance with all
Anti-Corruption Laws, applicable Sanctions, and, to the extent applicable, the USA Patriot Act, in all material respects. None of the
Company or any Subsidiary, or, to the knowledge of the Company, any director, officer, employee or agent with respect to the facility
of the Company or any Subsidiary, is a Sanctioned Person. This Section applies, other than to the extent that such representation and
warranty would result in a violation of Council</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">Regulation (EC) No 2271/96, as amended (or any implementing
law or regulation in any member state of the European Union or the United Kingdom).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(g) <U>Subsidiaries.</U> (A) Each of the
Consolidated Subsidiaries is a corporation, limited liability company or partnership duly organized, validly existing and, to the extent
applicable, in good standing under the laws of its jurisdiction of organization, and has all requisite power and authority required to
carry on its business as now conducted except to the extent that the failure of any such Consolidated Subsidiary to be so organized, existing
or in good standing or to have such power and authority is not reasonably expected by the Company to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Schedule 3.07 hereto completely and accurately
sets forth the names and jurisdictions of organization of each Consolidated Subsidiary that is a Domestic Subsidiary or a Canadian Subsidiary
as of the Restatement Effective Date, indicating for each such Subsidiary whether it is a Material Subsidiary as of the Restatement Effective
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(h) <U>Not an Investment Company.</U>
None of the Borrowers or the Subsidiary Loan Parties is required to register as an &#8220;investment company&#8221; under (and within
the meaning of) the Investment Company Act of 1940, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(i) <U>ERISA.</U> (a) The Company and
its ERISA Affiliates (i)&nbsp;have fulfilled their material obligations, whether or not waived, under the minimum funding standards of
Section 302 of ERISA and Section 412 of the Code with respect to each Plan, (ii)&nbsp;are in compliance in all material respects with
the presently applicable provisions of ERISA and the Code and (iii)&nbsp;have not incurred any liability in excess of $100,000,000 to
the PBGC or a Plan under Title&nbsp;IV of ERISA other than a liability to the PBGC for premiums under Section&nbsp;4007 of ERISA; <U>provided</U>,
that this sentence shall not apply to (x) any ERISA Affiliate as described in Section&nbsp;414(m) of the Code (other than the Company
or a Subsidiary) or any Plan maintained by such an ERISA Affiliate or (y)&nbsp;any Multiemployer Plan. The Company and its Subsidiaries
have made all material payments to Multiemployer Plans which they have been required to make under the related collective bargaining agreement
or applicable law. As of the Restatement Effective Date, the Company and its Subsidiaries do not contribute to or have an obligation to
contribute to a Multiemployer Plan, nor have they contributed or had an obligation to contribute to a Multiemployer Plan in the preceding
six years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 171pt; text-indent: 1in"><U>Canadian Employee Benefit Plans</U>.
As of the Restatement Effective Date, none of the Canadian Pension Plans are Canadian Defined Benefit Pension Plans. All Canadian Pension
Plans are duly registered under the ITA and applicable Canadian Pension Benefits Legislation and no event has occurred which would reasonably
be expected to</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 171pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 171pt">cause the loss of such registered status where the loss of
such registered status could reasonably be expected to result in a Material Adverse Effect. The Canadian Pension Plans have each been
administered, funded and invested in accordance with the terms of the particular plan, all applicable laws including, where applicable,
the ITA and Canadian Pension Benefits Legislation, and the terms of all applicable collective bargaining agreements and employment contracts,
except where the failure to do so could not reasonably be expected to result in a Material Adverse Effect. All material obligations of
each of the Loan Parties (including fiduciary, funding, investment and administration obligations) required to be performed in connection
with the Canadian Pension Plans and the funding agreements therefor have been performed on a timely basis, except where the failure to
do so could not reasonably be expected to result in a Material Adverse Effect. There are no outstanding disputes concerning the assets
of the Canadian Pension Plans except for such disputes which would not reasonably be expected to result in a Material Adverse Effect.
All employee and employer payments, contributions (including &#8220;normal cost&#8221;, &#8220;special payments&#8221; and any other payments
in respect of any funding deficiencies or shortfalls) or premiums required to be withheld, made, remitted or paid to or in respect of
each Canadian Pension Plan and all other amounts that are due to the pension fund of any Canadian Pension Plan from any Loan Party or
any of their respective Affiliates have been withheld, made, remitted or paid on a timely basis in accordance with the terms of such plans,
any applicable collective bargaining agreement or employment contract and all applicable laws, except where the failure to do so could
not reasonably be expected to result in a Material Adverse Effect. There has been no improper withdrawal or application of the assets
of the Canadian Pension Plans as of the Restatement Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 171pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(j) <U>Taxes.</U> The Company and its
Consolidated Subsidiaries have filed all United States federal income tax returns and all other material tax returns which, in the opinion
of the Company, are required to be filed by them and have paid all taxes due pursuant to such returns or pursuant to any assessment received
by the Company or any Consolidated Subsidiary, except for assessments which are being contested in good faith by appropriate proceedings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">The charges, accruals and reserves on the books of the Company
and its Consolidated Subsidiaries in respect of taxes or other governmental charges are, in the opinion of the Company, adequate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(k) <U>Disclosure.</U> The financial statements
delivered pursuant to Section&nbsp;5.01(a)(i) and (ii), the registration statements delivered pursuant to Section&nbsp;5.01(a)(vii) (in
each case in the form in which such registration statements were declared effective, as amended by any post-effective amendments thereto)
and the reports on Forms 10-K, 10-Q and 8-K delivered pursuant to Section&nbsp;5.01(a)(vii), do not, taken as a whole and in each case
as of the date thereof, contain any material misstatement of fact or omit to state any material fact necessary to make the statements
therein, in the light of the circumstances under which they were made, not materially misleading; <U>provided</U> that, with respect to
projected financial information, the Company represents only that such information was prepared in good faith based upon assumptions believed
to be reasonable at the time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(l) <U>Credit Card Agreements</U>. Schedule
3.12 (as updated from time to time as permitted by Section 5.24) sets forth a list of all Credit Card Agreements to which any Loan Party
is a party. A true and complete copy of each Credit Card Agreement listed in Schedule 3.12 has been delivered to the Collateral Agent,
together with all material amendments, waivers and other modifications thereto; <U>provided</U> that the Private Label Credit Card Program
Agreement dated as of June 1, 2018 between Victoria&#8217;s Secret Stores, LLC, Lone Mountain Factoring, LLC, L Brands Direct Marketing,
Inc., L Brands Direct Fulfillment, Inc., Far West Factoring, LLC, Puerto Rico Store Operations LLC and Comenity Bank shall be delivered
only to a field appraiser or examiner in connection with a field examination or Inventory appraisal conducted pursuant to Section 5.23.
All such Credit Card Agreements are in full force and effect, currently binding upon each Loan Party that is a party thereto and, to the
knowledge of the Loan Parties, binding upon other parties thereto in accordance with their terms. The Loan Parties are in compliance in
all material respects with each such Credit Card Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 18.<BR>
<BR>
Conditions</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(a) <U>Intentionally Omitted.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(b) <U>Each Credit Event.</U> The obligation
of each Lender to make a Loan on the occasion of any Borrowing, and of any Issuing Bank to issue, amend or extend any Letter of Credit,
is subject to the satisfaction of the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">The representations and warranties of the Company
set forth in this Agreement shall be true and correct (i) in the case of representations and warranties that are qualified by</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">materiality, in all respects and (ii) otherwise, in all material respects,
and at such times as the Collateral and Guarantee Requirement is required to be satisfied, the representations and warranties of the Loan
Parties as set forth in the Collateral Agreements shall be true and correct (i) in the case of representations and warranties that are
qualified by materiality, in all respects and (ii) otherwise, in all material respects, in each case on and as of the date of such Borrowing
or the date of issuance, amendment or extension of such Letter of Credit, as applicable (except to the extent that any such representation
or warranty expressly relates to a specified date or dates, in which case such representation or warranty shall be true and correct in
all material respects as of such specified date or dates).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">At the time of and immediately after giving effect
to such Borrowing or the issuance, amendment or extension of such Letter of Credit, as applicable, no Default shall have occurred and
be continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">[reserved].</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">At the time of such Borrowing or the issuance, amendment
or extension of such Letter of Credit, as applicable, the Borrowing Base Certificate most recently delivered by the Company pursuant to
Section 5.01(a)(iii) shall have been accurate in all material respects as of the date of such Borrowing Base Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Each Borrowing and each issuance, amendment or extension of a Letter
of Credit shall be deemed to constitute a representation and warranty by the Borrowers on the date thereof as to the matters specified
in paragraphs (a), (b) and (d) of this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 19.<BR>
<BR>
Covenants</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Company agrees that, so long as any Lender has
any Commitment hereunder or any amount payable hereunder remains unpaid:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(a) <U>Information.</U> (A) &nbsp;&nbsp;The
Company will deliver to the Administrative Agent and each of the Lenders:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">as soon as available and in any event within 90&nbsp;days
after the end of each Fiscal Year, the Annual Report of the Company on Form&nbsp;10-K for such Fiscal Year, containing financial statements
reported on in a manner acceptable to the Securities and Exchange Commission by Ernst &amp; Young LLP or other independent public accountants
of nationally recognized standing selected by the Company (without a &#8220;going concern&#8221; or like qualification, exception or statement
and without any qualification or exception as to the scope of such audit);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">as soon as available and in any event within 45 days
after the end of each of the first three quarters of each Fiscal Year, a copy of the Company&#8217;s report on Form&nbsp;10-Q for such
quarter with the financial statements therein contained to be certified (subject to normal</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">year-end adjustments) as to fairness of presentation, generally accepted
accounting principles (except footnotes) and consistency, by a Financial Officer;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">as soon as available but in any event within (i)
twenty Business Days after the end of each fiscal quarter of each Fiscal Year, as of the last day of such fiscal quarter, during any fiscal
quarter in which there are no Loans outstanding and the aggregate LC Exposure does not exceed 5.0% of the Borrowing Base at any time during
such fiscal quarter, (ii) fifteen Business Days after the end of each Fiscal Month, as of the last day of such Fiscal Month or (iii) three
Business Days after the end of each week, as of the last day of such week, during any Enhanced Borrowing Base Reporting Period, a Borrowing
Base Certificate and supporting information in connection therewith, together with any additional reports and supplemental documentation
with respect to the Borrowing Base as the Collateral Agent may request in its Permitted Discretion;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">simultaneously with the delivery of each set of financial
statements referred to in clauses&nbsp;(i) and (ii) above, a certificate of a Financial Officer (1)&nbsp;setting forth in reasonable detail
the calculations required to establish whether the Company was in compliance with the requirements of Section 5.06 on the date of such
financial statements, (2)&nbsp;stating whether, to the best knowledge of such Financial Officer, any Default exists on the date of such
certificate and, if any Default then exists, setting forth the details thereof and the action which the Company is taking or proposes
to take with respect thereto, (3)&nbsp;stating that all Material Subsidiaries have satisfied the Collateral and Guarantee Requirement
and (4) unless (x) if both rating agencies shall have a Credit Rating then in effect, the Credit Ratings are BBB- and Baa3 (in each case,
with stable outlook) or better or (y) if only one rating agency shall have a Credit Rating then in effect, the Credit Rating from such
rating agency is BBB- or Baa3 (in each case, with stable outlook) or better, stating the aggregate amount of Investments and Restricted
Payments made in reliance on Section&nbsp;5.17(c) and Section&nbsp;5.18(c) during the preceding fiscal quarter and confirming that the
applicable Payment Conditions were satisfied with respect to each such Investment or Restricted Payment;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">simultaneously with the delivery of each set of financial
statements referred to in clause&nbsp;(i) above, a statement of the firm of independent public accountants which reported on such statements
whether anything has come to their attention to cause them to believe that any Default existed on the date of such statements (insofar
as such pertains to accounting matters);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">promptly upon the mailing thereof to the stockholders
of the Company generally, copies of all financial statements, reports and proxy statements so mailed;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">promptly upon the filing thereof, copies of all registration
statements (other than the exhibits thereto and any registration statements on Form&nbsp;S-8 or its equivalent) and reports on Forms&nbsp;10-K,
10-Q and 8-K (or their equivalents) which the Company shall have filed with the Securities and Exchange Commission;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">promptly following a request therefor, any documentation
or other information that a Lender reasonably requests in order to comply with its ongoing obligations under</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">applicable &#8220;know your customer&#8221; and anti-money laundering
rules and regulations, including the Patriot Act and the Beneficial Ownership Regulation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">within four Business Days of any executive officer
of the Company or any Financial Officer obtaining knowledge of any condition or event recognized by such officer to be a Default, a certificate
of a Financial Officer setting forth the details thereof and the action which the Company is taking or proposes to take with respect thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">(1) if and when any executive officer of the Company
or any Financial Officer obtains knowledge that any ERISA Affiliate (x)&nbsp;has given or is required to give notice to the PBGC of any
&#8220;<U>reportable event</U>&#8221; (as defined in Section&nbsp;4043 of ERISA) with respect to any Plan which would reasonably be expected
to constitute grounds for a termination of such Plan under Title&nbsp;IV of ERISA, or knows that the plan administrator of any Plan has
given or is required to give notice of any such reportable event, a copy of the notice of such reportable event given or required to be
given to the PBGC, (y)&nbsp;has received notice of complete or partial Withdrawal Liability, a copy of such notice or (z)&nbsp;has received
notice from the PBGC under Title&nbsp;IV of ERISA of an intent to terminate or appoint a trustee to administer any Plan, a copy of such
notice or (2) the occurrence of any Canadian Pension Event that could reasonably be expected to have a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">from time to time such additional information regarding
the financial position or business of the Company and Subsidiaries as the Administrative Agent, at the request of any Lender, may reasonably
request;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">as soon as available and in any event within 30&nbsp;days
after the end of each Fiscal Year, a financial forecast for the Company and the Consolidated Subsidiaries for the subsequent Fiscal Year,
including a consolidated balance sheet of the Company and its Consolidated Subsidiaries as of the end of such fiscal year and each fiscal
quarter thereof and consolidated statements of income and cash flows of the Company and its Consolidated Subsidiaries for such fiscal
year and each fiscal quarter thereof; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">promptly after the furnishing thereof and to the
extent not otherwise required to be furnished to the Lenders pursuant to any clause of this Section 5.01, copies of any material requests
or material notices received by the Company or any Subsidiary Loan Party (other than in the ordinary course of business) or material statements
or material reports furnished by the Company or any Subsidiary Loan Party pursuant to the terms of any Permitted Non-ABL Indebtedness
Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Certificates delivered pursuant to this Section
shall be signed manually or shall be copies of a manually signed certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) The Company may provide for electronic delivery
of the financial statements, certificates, reports and registration statements described in clauses (i), (ii), (iii), (iv), (v), (vi)
and (vii) of paragraph (a) of this Section by posting such financial statements, certificates, reports and registration statements on
Intralinks or any similar service approved by the Administrative Agent, or delivering such financial statements,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">certificates, reports and registration statements to the Administrative
Agent for posting on Intralinks (or any such similar service). Furthermore, any items required to be furnished pursuant to Sections 5.01(a)(i),
(ii), (vi) or (vii) shall be deemed to have been delivered on the date on which the Administrative Agent receives notice that the Company
has filed such item with the Securities and Exchange Commission and is available on the EDGAR website on the Internet at www.sec.gov or
any successor government website that is freely and readily available to the Administrative Agent without charge; <U>provided</U> that
the Company shall give notice of any such filing to the Administrative Agent (who shall then give notice of any such filing to the Lenders).
Notwithstanding the foregoing, the Company shall deliver paper or electronic copies of any such financial statement to the Administrative
Agent if the Administrative Agent requests the Company to furnish such paper or electronic copies until written notice to cease delivering
such paper or electronic copies is given by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(b) <U>Maintenance of Properties.</U>
The Company will, and will cause each Consolidated Subsidiary to, maintain and keep in good condition, repair and working order all properties
used or useful in the conduct of its business and supply such properties with all necessary equipment and make all necessary repairs,
renewals, replacements, betterments and improvements thereof, all as in the judgment of the Company may be necessary so that the business
carried on in connection therewith may be properly and advantageously conducted at all times; <U>provided</U> that nothing in this Section
shall prevent the Company or any Consolidated Subsidiary from discontinuing the operation and maintenance of any of such properties if
such discontinuance is, in the judgment of the Company, desirable in the conduct of the business of the Company or such Consolidated Subsidiary,
as the case may be, and not disadvantageous in any material respect to the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(c) <U>Maintenance of Insurance.</U> The
Company will, and will cause each Consolidated Subsidiary to, insure and keep insured, with reputable insurance companies, so much of
its properties and such of its liabilities for bodily injury or property damage, to such an extent and against such risks (including fire),
as companies engaged in similar businesses customarily insure properties and liabilities of a similar character; or, in lieu thereof,
the Company will maintain, or cause each Consolidated Subsidiary to maintain, a system or systems of self-insurance which will be in accord
with the customary practices of companies engaged in similar businesses in maintaining such systems.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(d) <U>Preservation of Corporate Existence.</U>
Except pursuant to a transaction not prohibited by Section&nbsp;5.12 or 5.13, each Loan Party shall preserve and maintain its corporate
existence, rights, franchises and privileges in any State of the United States which it shall select as its jurisdiction of incorporation
or organization, and qualify and remain qualified as a foreign corporation or foreign organization in each jurisdiction in which such
qualification is necessary, except such jurisdictions, if any, where the failure to preserve and maintain its corporate or other organizational
existence, rights,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">franchises and privileges, or qualify or remain qualified
will not have a Material Adverse Effect on the business or property of such Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(e) <U>Inspection of Property, Books and
Records.</U> The Company will, and will cause each Consolidated Subsidiary to, make and keep books, records and accounts in which transactions
are recorded as necessary to (a)&nbsp;permit preparation of the Company&#8217;s consolidated financial statements in accordance with GAAP
and (b)&nbsp;otherwise comply with the requirements of Section&nbsp;13(b)(2) of the Securities Exchange Act of 1934 as in effect from
time to time. At any reasonable time during normal business hours and from time to time, the Company will permit the Administrative Agent
or any of the Lenders or any agents or representatives thereof at their expense (to the extent not in violation of applicable law) to
examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the Company and any Consolidated
Subsidiaries and to discuss the affairs, finances and accounts of the Company and any Consolidated Subsidiaries with any of their respective
officers or directors. Any information obtained pursuant to this Section or Section&nbsp;5.01(a) shall be subject to Section&nbsp;8.12.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(f) <U>Fixed Charge Coverage Ratio.</U>
During any period (each, a &#8220;<U>Covenant Period</U>&#8221;) (a)(i) commencing on any day when Specified Excess Availability is less
than the greater of (x) $70,000,000 and (y) 10% of the Maximum Borrowing Amount and (ii) ending after Specified Excess Availability has
been greater than the amount set forth in clause (i) above for 30 consecutive calendar days or (b) during which a Specified Event of Default
has occurred and is continuing, the Company will not permit the ratio of Consolidated EBITDAR to Consolidated Fixed Charges for any Test
Period (commencing with the Test Period ended most recently prior to the commencement of such Covenant Period for which financial statements
were required to be delivered pursuant to Section 5.01) to be less than 1.00 to 1.00.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(g) <U>[Reserved.]</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(h) <U>Limitation on Liens.</U> (A) &nbsp;&nbsp;[Reserved.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) The Company will not, and will not permit any
Subsidiary Loan Party to, create, incur, assume or permit to exist any Lien on any Collateral now owned or hereafter acquired by it, or
assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Permitted Encumbrances;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">any Lien on any property or asset of the Company
or any Subsidiary Loan Party existing on the Restatement Effective Date and set forth in Schedule&nbsp;5.08; <U>provided</U> that (i)
such Lien shall not apply to any other property or asset of the Company or any Subsidiary Loan Party and (ii) such Lien shall secure only
those obligations which it secures on the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Restatement Effective Date and extensions, renewals and replacements
thereof that do not increase the outstanding principal amount thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Liens on fixed or capital assets acquired, constructed
or improved by the Company or any Subsidiary Loan Party; <U>provided</U> that (i)&nbsp;such security interests secure Indebtedness permitted
by clause (i) of Section 5.10, (ii)&nbsp;such security interests and the Indebtedness secured thereby are incurred prior to or within
120&nbsp;days after such acquisition or the completion of such construction or improvement (or are incurred to extend, renew or replace
security interests and Indebtedness previously incurred in compliance with this clause), (iii)&nbsp;the Indebtedness secured thereby does
not exceed the cost of acquiring, constructing or improving such fixed or capital assets and (iv)&nbsp;such security interests shall not
apply to any other property or assets of the Company or any Subsidiary Loan Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Liens granted on the Collateral pursuant to the Collateral
Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">precautionary or purported Liens evidenced by the
filing of UCC financing statements or similar financing statements under applicable law relating solely to the sale of Receivables Facility
Assets and related assets in connection with any Specified Receivables Facility;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Liens (including any precautionary UCC financing
statements or similar financing statements under applicable law) on Receivables Facility Assets securing Specified Receivables Facilities;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">licenses or sublicenses of, covenants not to sue
under, or other rights to use any Intellectual Property granted in the ordinary course of business (including licenses or sublicenses
by the Company or any Subsidiary Loan Party to any Foreign Subsidiary);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Liens securing Indebtedness incurred pursuant to
Section 5.10(l);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">other Liens on Non-ABL Priority Collateral securing
Permitted Non-ABL Indebtedness in an aggregate principal amount not exceeding $750,000,000; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">second priority Liens on ABL Priority Collateral
securing Permitted Non-ABL Indebtedness; <U>provided</U> that such second priority Liens are subject to an Intercreditor Agreement providing
that such Liens rank junior in priority to the Liens on the ABL Priority Collateral securing the Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(i) <U>Compliance with Laws.</U> The Company
will, and will cause each Consolidated Subsidiary to, comply in all material respects with all applicable laws, ordinances, rules, regulations
and requirements of governmental authorities (including ERISA and the rules and regulations thereunder), except to the extent that (a)&nbsp;the
necessity of compliance therewith is contested in good faith by appropriate proceedings or (b)&nbsp;the failure to so comply would not
result in any Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(j) <U>Limitations on Indebtedness.</U>
The Company will not, and will not permit any Consolidated Subsidiary to, create, incur, assume or suffer to exist any Indebtedness except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) Indebtedness of any Consolidated Subsidiary which
is, or the direct or indirect parent of which is, acquired by the Company or any other Consolidated Subsidiary after March 22, 2006, which
Indebtedness is in existence at the time such Consolidated Subsidiary (or parent) is so acquired; <U>provided</U> that such Indebtedness
was not created at the request or with the consent of the Company or any Subsidiary, and such Indebtedness may not be extended other than
pursuant to the terms thereof as in existence at the time such Consolidated Subsidiary (or parent) was acquired;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Indebtedness created under the Loan Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) Indebtedness existing on the Restatement Effective
Date and set forth on Schedule 5.10 and extensions, renewals and replacements of any such Indebtedness that do not increase the outstanding
principal amount thereof or result in an earlier maturity date or decreased weighted average life thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) Indebtedness of the Company to any Consolidated
Subsidiary and of any Consolidated Subsidiary to the Company or any other Consolidated Subsidiary; <U>provided</U> that (i) such Indebtedness
shall not have been transferred to any Person other than the Company or any other Consolidated Subsidiary, (ii) any such Indebtedness
owing by any Loan Party to a non-Loan Party shall be unsecured and subordinated in right of payment to the Obligations on terms customary
for intercompany subordinated Indebtedness, as reasonably determined by the Administrative Agent, and (iii) any such Indebtedness owing
by any Consolidated Subsidiary that is not a Loan Party to any Loan Party shall be incurred in compliance with Section 5.17;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) Guarantees incurred in compliance with Section
5.17;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) the incurrence of Indebtedness under Hedging
Agreements that are incurred for the bona fide purpose of hedging the interest rate, commodity, or foreign currency risks associated with
the operations of the Company or such Consolidated Subsidiary and not for speculative purposes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) Indebtedness owed in respect of any overdrafts
and related liabilities arising from treasury, depository and cash management services or in connection with any automated clearing-house
transfers of funds; <U>provided</U> that such Indebtedness shall be repaid in full within five Business Days of the incurrence thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(H) Indebtedness in respect of letters of credit,
bank guarantees and similar instruments issued for the account of the Company or any Consolidated Subsidiary in the ordinary course of
business supporting obligations under (i) workers&#8217; compensation unemployment insurance and other social security laws and (ii) bids,
trade contracts, leases, statutory obligations, surety and appeal bonds, performance bonds and obligations of a like nature (other than
in respect of other obligations for borrowed</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">money), which obligations in each case shall not be secured except
by Permitted Encumbrances;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(I) Indebtedness to finance the acquisition, construction
or improvements of any fixed or capital assets, including Capital Lease Obligations and any Indebtedness assumed in connection with the
acquisition of any such assets or secured by a Lien on any such assets prior to the acquisition thereof, and extensions, renewals and
replacements of such Indebtedness that do not increase the outstanding principal amount thereof or result in an earlier maturity date
or decreased weighted average life thereof, <U>provided</U> that the aggregate principal amount of such Indebtedness shall not exceed
$300,000,000 at any time outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(J) other Indebtedness of any Subsidiary (other than
any Subsidiary Loan Party) in an aggregate principal amount not exceeding $400,000,000;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(K) other Indebtedness of the Company or any Subsidiary
Loan Party in an aggregate principal amount not exceeding $750,000,000;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(L) other Indebtedness of the Company or any Subsidiary
Loan Party; <U>provided</U> that (i) after giving pro forma effect thereto, the ratio of Consolidated Debt to Consolidated EBITDAR for
the most recently completed Test Period is less than 4.00 to 1.00; <U>provided</U>, <U>further</U> that the Administrative Agent shall
have received a certificate, dated the date such Indebtedness is incurred and signed by a Financial Officer of the Company, confirming
compliance with the requirements set forth in this clause (l) and setting forth a reasonably detailed calculation of such ratio of Consolidated
Debt to Consolidated EBITDAR;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(M) other unsecured Indebtedness of the Company or
any Consolidated Subsidiary; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(N) Indebtedness of Receivables Subsidiaries arising
under Specified Receivables Facilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(k) <U>Transactions with Affiliates.</U>
The Company will not, and will not permit any of its Consolidated Subsidiaries to, sell, lease or otherwise transfer any property or assets
to, or purchase, lease or otherwise acquire any property or assets from, or otherwise engage in any other transactions with, any of its
Affiliates, except (a)&nbsp;at prices and on terms and conditions not less favorable to the Company or such Consolidated Subsidiary than
could be obtained on an arm&#8217;s&#45;length basis from unrelated third parties, (b) any transaction determined by a majority of the
disinterested directors of the Company&#8217;s board of directors to be fair to the Company and its Subsidiaries, (c)&nbsp;transactions
between or among the Company and its Consolidated Subsidiaries not involving any other Affiliate, (d) any transaction with respect to
which neither the fair market value of the related property or assets, nor the consideration therefor, exceeds $5,000,000, (e) any transaction
contemplated by the Registration Statement, including, for the avoidance of doubt, any such</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">transaction consummated after the Restatement Effective
Date, (f) [reserved], (g) [reserved], (h) any Investment permitted under Section 5.17 and (i) any Restricted Payment permitted under Section
5.18.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(l) <U>Consolidations, Mergers.</U> The
Company will not (a)&nbsp;consolidate or merge with or into any other Person or (b) liquidate or dissolve; provided that the Company may
consolidate or merge with another Person if (i) the corporation surviving the merger is the Company or a corporation organized under the
laws of a State of the United States into which the Company desires to consolidate or merge for the purpose of becoming incorporated in
such State (in which case such corporation shall assume all of the Company&#8217;s obligations under this Agreement by an agreement reasonably
satisfactory to the Required Lenders (and the Required Lenders shall not unreasonably withhold their consent to the form of such agreement)
and shall deliver to the Administrative Agent and the Lenders such legal opinions and other documents as the Administrative Agent may
reasonably request to evidence the due authorization, validity and binding effect thereof) and (ii) immediately after giving effect to
such consolidation or merger, no Default shall have occurred and be continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(m) <U>Sales of Assets.</U> The Company
will not, and will not permit any Consolidated Subsidiary to, sell, lease or otherwise transfer any property or assets, including any
Equity Interest owned by it, except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) [reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) sales, transfers, leases and other dispositions
of Inventory or used or surplus equipment or of cash and permitted Investments, in each case in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) sales in the ordinary course of business of immaterial
assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) sales, transfers or other dispositions of accounts
receivable in connection with the compromise or collection thereof in the ordinary course of business consistent with past practice and
not as part of any accounts receivables financing transaction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) [reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) (A) sales, transfers, leases and other dispositions
of assets pursuant to this clause (A) with an aggregate fair market value not to exceed (I) $25,000,000 in any single transaction or series
of related transactions and (II) $100,000,000 in the aggregate in any 12-month period and (B) sales, transfers and other dispositions
of assets if, after giving effect to any adjustment to the Borrowing Base arising from such sale, transfer or other disposition and for
the previous 90 consecutive days, Specified Excess Availability is greater than the greater of (x) $200,000,000 and (y) 30% of the Maximum
Borrowing Amount; <U>provided</U> that (I) all such sales, transfers and other dispositions shall be made for fair value and at least
75% cash consideration, (II) no Default shall have occurred and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">be continuing at the time of, or would result from, any such sale,
transfer or other disposition, (III) the Company shall have given the Administrative Agent written notice advising of such sale, transfer,
lease or other disposition, together with such information as shall be required for the Administrative Agent to adjust the Borrowing Base
to reflect such disposition, to the extent required by the definition of the term &#8220;Borrowing Base&#8221;, and (IV) after giving
effect to any adjustment to the Borrowing Base arising from such sale, transfer or other disposition, the Aggregate Credit Exposure at
the time shall not exceed the Borrowing Base as so adjusted;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) sales, transfers or other dispositions of Receivables
Facility Assets or participations therein, directly or indirectly, to Receivables Subsidiaries in connection with any Specified Receivables
Facility permitted pursuant to Section 5.10(n); <U>provided </U>that, any such disposition of Receivables Facility Assets by a Loan Party
shall be made in exchange for fair market value consideration consisting only of cash;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(H) licenses or sublicenses of, covenants not to
sue under, or other rights to use any Intellectual Property or assignments thereof in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(I) sales, transfers or other dispositions or the
lapse or abandonment (including failure to maintain) in the ordinary course of business of any Intellectual Property determined in the
reasonable good faith judgment of the Company or any Consolidated Subsidiary to be no longer useful, necessary, otherwise not material
in the operation of the business of the Company or any Consolidated Subsidiary or no longer economical to maintain;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(J) transfers by the Company or any Subsidiary Loan
Party to any Foreign Subsidiary of any Intellectual Property that is usable primarily, or for use primarily, outside of the United States
and Canada;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(K) sales, transfers or other dispositions (i) from
any Loan Party to any other Loan Party, (ii) from any Consolidated Subsidiary that is not a Loan Party to any other Consolidated Subsidiary
that is not a Loan Party and (iii) from any Consolidated Subsidiary that is not a Loan Party to any Loan Party provided that such sale,
transfer or other disposition (x) is made for fair market value (as determined by such Loan Party in good faith) or (y) the excess (if
any) of the consideration in respect of such sale, transfer or other disposition over fair market value (as determined by such Loan Party
in good faith) is treated as an Investment and is otherwise made in compliance with Section 5.17; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(L) sales, transfers, leases or other dispositions
that constitute Investments permitted pursuant to Section 5.17 (other than Section 5.17(b)), Liens permitted pursuant to Section 5.08,
and Restricted Payments permitted by Section 5.18; <U>provided</U> that (i) in connection with any such sale, transfer, lease or other
disposition of assets with a fair market value in excess of $10,000,000, the Company shall have given the Administrative Agent written
notice advising of such sale, transfer, lease or other disposition, together with such information as shall be required for the Administrative
Agent to adjust the Borrowing Base to reflect such disposition, to the extent required by the definition of the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">term &#8220;Borrowing Base&#8221;, and (ii) after giving effect to
any adjustment to the Borrowing Base arising from such sale, transfer or other disposition, the Aggregate Credit Exposure at the time
shall not exceed the Borrowing Base as so adjusted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(n) <U>Use of Proceeds.</U> The Borrowers
will use the proceeds of the Loans and issuance of Letters of Credit for general corporate purposes (including, without limitation, repurchases
of, and dividends on, its equity securities). None of the Company, any Subsidiary or director, officer, employee or agent of the Company
or any Subsidiary will directly or knowingly indirectly use the proceeds of the Loans or lend, contribute or otherwise make available
such proceeds to any subsidiary, joint venture partner or other Person for the purpose of (a) financing any payments to any governmental
official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official
governmental capacity in material violation of any Anti-Corruption Laws or (b) financing the activities of or any transactions with any
Sanctioned Person or in any Sanctioned Country, except to the extent licensed or otherwise authorized under U.S. law, or in any other
manner that would result in a violation of Sanctions by any Person (including any Person participating in the Loans, whether as Administrative
Agent, Arranger, Lender, underwriter, advisor, investor, or otherwise). This Section applies, other than to the extent that such covenant
would result in a violation of Council Regulation (EC) No 2271/96, as amended (or any implementing law or regulation in any member state
of the European Union or the United Kingdom).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(o) <U>Information Regarding Collateral;
Deposit and Securities Accounts.</U> (A) &nbsp;&nbsp;The Company will furnish to the Collateral Agent prompt written notice of any change
in (i) the legal name of any Loan Party, as set forth in its organizational documents, (ii) the jurisdiction of organization or the form
of organization of any Loan Party (including as a result of any merger, amalgamation or consolidation), (iii) the location of the chief
executive office of any Loan Party or (iv) the organizational identification number, if any, or, with respect to any Loan Party organized
under the laws of a jurisdiction that requires such information to be set forth on the face of a UCC financing statement, the Federal
Taxpayer Identification Number of such Loan Party. The Company agrees not to effect or permit any change referred to in the preceding
sentence unless all filings have been made under the UCC or otherwise that are required in order for the Collateral Agent to continue
at all times following such change to have a valid, legal and perfected security interest in all the Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) The Company will furnish to the Collateral Agent
prompt written notice of the acquisition by any Loan Party of any (i) Mortgaged Property or any material assets after the Restatement
Effective Date of the type that constitute, or are intended to constitute, Collateral, other than any assets constituting Collateral under
the Collateral Documents in which the Collateral Agent shall have a valid, legal and perfected security interest (with the priority contemplated
by the applicable Collateral Document) upon the acquisition thereof and (ii) material Intellectual Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) The Company will furnish to the Collateral Agent
prompt written notice of the disposition of a Loan Party, or any disposition outside the ordinary course of business of, or any casualty
or condemnation event affecting, assets reflected in the then-current Borrowing Base having a fair market value of $5,000,000 or more,
and such notice shall include such information as shall be required for the Collateral Agent to adjust the Borrowing Base to reflect such
disposition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) The Company will, in each case as promptly as
practicable, notify the Collateral Agent of the existence of any deposit account or securities account maintained by a Loan Party in respect
of which a Control Agreement is required to be in effect pursuant to the definition of the term &#8220;Collateral and Guarantee Requirement&#8221;
but is not yet in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(p) <U>Collateral and Guarantee Requirement</U>.
(A) &nbsp;&nbsp;If (i) any Material Subsidiary is formed or acquired after the Restatement Effective Date or (ii) any Consolidated Subsidiary
shall become a Material Subsidiary after the Restatement Effective Date, in each case other than an Excluded Subsidiary, then the Company
will promptly, but in no event later than 15 days after such formation or acquisition (in the case of clause (i)) or 15 days after any
executive officer or Financial Officer of the Company obtains knowledge thereof (in the case of clause (ii), but in each case of clause
(i) and (ii), as such period may be extended by the Administrative Agent in its reasonable discretion), notify the Administrative Agent
and the Lenders thereof and cause the Collateral and Guarantee Requirement to be satisfied with respect to such Material Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) The Company will, and the Company will cause
each of the Material Subsidiaries 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), that may be required under any applicable law,
or that the Collateral Agent or the Required Lenders may reasonably request, to cause the Collateral and Guarantee Requirement to be and
remain satisfied, all at the expense of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(q) <U>Investments.</U> The Company will
not, nor will the Company permit any Subsidiary Loan Party to, purchase, hold or acquire (including pursuant to any consolidation, amalgamation
or merger with any Person that was not a Loan Party prior to such consolidation, amalgamation or merger, it being understood that any
consolidation, amalgamation or merger of a Subsidiary Loan Party with any Subsidiary that is not a Loan Party shall be treated as an investment
in such Subsidiary if the survivor of such consolidation, amalgamation or merger is not a Subsidiary Loan Party) any Equity Interests
in or evidences of Indebtedness or other securities of, make or permit to exist any loans or advances to, Guarantee any Indebtedness of,
or make or permit to exist any other investment in, any Subsidiary that is not a Subsidiary Loan Party (each of the foregoing being an
&#8220;<U>Investment</U>&#8221;), except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) Investments by the Company or any Subsidiary
Loan Party in any Subsidiary that is not a Loan Party, in an aggregate amount not to exceed $50,000,000 at any one time outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Investments in existence on the Restatement Effective
Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) any other Investment if, at the time thereof
and after giving effect thereto, the Payment Conditions are satisfied (for the avoidance of doubt, an Investment made pursuant to this
clause (c)&nbsp;shall be permitted notwithstanding that the conditions set forth in this clause (c) shall thereafter cease to be satisfied);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) Investments in any Receivables Subsidiary in
the form of (i) deferred purchase consideration for Receivables Facility Assets sold pursuant to a Specified Receivables Facility or (ii)
a subordinated loan representing deferred consideration owed in respect of Receivables Facility Assets sold by the Company or any Consolidated
Subsidiary participating as a seller in a Specified Receivables Facility in an amount required to meet any true sale and risk retention
requirements applicable in respect of the sale of Receivables Facility Assets by the Company or such Consolidated Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) contributions by the Company or any Subsidiary
Loan Party of Equity Interests in any Foreign Subsidiary to any other Foreign Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) licenses by the Company or any Subsidiary Loan
Party to any Consolidated Subsidiary that is not a Loan Party of intellectual property in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) transfers or licenses by the Company or any Subsidiary
Loan Party to any Foreign Subsidiary of any intellectual property that is usable primarily, or for use primarily, outside of the United
States; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(H) accounts receivable held by a Loan Party arising
out of the sale of inventory or provision of services, in each case in the ordinary course of business, to a Subsidiary that is not a
Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(r) <U>Restricted Payments.</U> The Company
will not, and will not permit any Consolidated Subsidiary to, declare or make, or agree to pay or make, directly or indirectly, any Restricted
Payment, except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) any wholly-owned Consolidated Subsidiary may
distribute any cash, property or assets to the Company or any other Consolidated Subsidiary that is its direct or indirect parent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) any Consolidated Subsidiary may declare and pay
dividends ratably with respect to its Equity Interests;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) the Company may make any Restricted Payment in
cash if, at the time thereof and after giving effect thereto, the Payment Conditions are satisfied; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) any distribution, as a dividend, cash payment
or otherwise, of all or any portion of the equity interest of the Spin Business (as defined in the Registration Statement) or assets thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">For the avoidance of doubt, a Restricted Payment
made pursuant to Section 5.18(c) shall be permitted notwithstanding that the conditions set forth in Section 5.18(c) shall thereafter
cease to be satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(s) <U>Restrictive Agreements.</U> The
Company will not, nor will it permit any Consolidated Subsidiary that is a wholly-owned Material Subsidiary that is a Domestic Subsidiary
or a Canadian Subsidiary, other than an Excluded 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 the ability of the Company or any Consolidated Subsidiary
that is a Domestic Subsidiary or a Canadian Subsidiary to create, incur or permit to exist any Lien upon any of its property or assets
to secure, or the ability of any Consolidated Subsidiary that is a Domestic Subsidiary or a Canadian Subsidiary to Guarantee, the Obligations
(or the obligations under any credit facility that refinances or replaces this Agreement); <U>provided</U> that (a) the foregoing shall
not apply to restrictions and conditions imposed by law, any Loan Document or any Permitted Non-ABL Indebtedness, (b) the foregoing shall
not apply to restrictions and conditions existing on the Restatement Effective Date contained in any of the instruments, indentures and
other agreements identified on Schedule 5.19 or any extension, renewal, supplement, amendment or other modification of any thereof or
any additional such instrument, indenture or other agreement so long as, in each case, any such prohibition, restriction or condition
contained therein is not, taken as a whole, more restrictive in any material respect than the prohibitions, restrictions and conditions
contained in the instruments, indentures and other agreements identified on Schedule 5.19 as in effect on the Restatement Effective Date,
(c) the foregoing shall not apply to customary restrictions and conditions contained in agreements relating to the sale of a Subsidiary
or any assets pending such sale, provided that such restrictions and conditions apply only to the Subsidiary or assets to be sold, (d)
the foregoing shall not apply to exclusive licenses or exclusivity covenants permitted under the Loan Documents with respect to Intellectual
Property, (e) the foregoing provisions relating to Liens shall not apply to restrictions or conditions imposed by any agreement relating
to secured Indebtedness permitted by this Agreement if such restrictions or conditions apply only to the property or assets securing such
Indebtedness, (f) the foregoing provisions relating to Liens shall not apply to customary provisions in leases restricting the assignment
thereof and (g) the foregoing shall not apply to restrictions and conditions imposed on Receivables Subsidiaries pursuant to any Specified
Receivables Facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(t) <U>Credit Ratings.</U> The Company
will use commercially reasonable efforts to maintain Credit Ratings from each of S&amp;P and Moody&#8217;s at all times.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(u) <U>Prepayment Avoidance.</U> The Company
will, and will cause each Consolidated Subsidiary to, either repay or prepay Loans, or make investments in assets to be used in their
businesses, in each case as necessary to avoid any mandatory redemption, repurchase or prepayment (i) referred to in the proviso to clause&nbsp;(c)
of the definition of &#8220;Disqualified Equity Interest&#8221; or (ii) pursuant to the terms of any Permitted Non-ABL Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(v) <U>Control Agreements.</U> The Loan
Parties shall at all times (except as agreed by the Collateral Agent pursuant to its authority as set forth herein or in any other Loan
Document) (a) cause the available amount in each deposit account (other than an Excluded Deposit Account) of the Loan Parties to be swept
to the Concentration Account at the end of each Business Day (whether directly or through local concentration accounts that are in turn
swept to the Concentration Account on such Business Day) and (b) cause to be deposited directly into the Concentration Account (i)&nbsp;all
payments in respect of Credit Card Receivables, (ii) all proceeds of Accounts and (iii) all cash swept from all Accounts of the Loan Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(w) <U>Field Examinations and Appraisals<I>.</I></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) On not more than one occasion during any 12-month
period, at the request of the Collateral Agent, the Loan Parties will permit, upon reasonable notice and during normal business hours,
the Collateral Agent (or its designee) to conduct a field examination of the Collateral included in the Borrowing Base and related reporting
and control systems. Notwithstanding the foregoing, (i) no field exam will be conducted during any 12-month period in which there are
no Loans outstanding and the aggregate LC Exposure does not exceed 5.0% of the Borrowing Base at any time during such period; <U>provided</U>
that, a field exam must be conducted during the 2025 calendar year; <U>provided</U> further that, a field exam must be conducted during
the 12-month period immediately following any 12-month period during which no field exam was conducted, (ii) an additional field exam
may be conducted during any 12-month period in which Specified Excess Availability for three consecutive business days has been less than
or equal to the greater of (x) $70,000,000 and (y) 10% of the Maximum Borrowing Amount and (iii) if a Specified Event of Default has occurred
and is continuing, there shall be no limitation on the number or frequency of field examinations and the number and frequency of field
examinations shall be at the Permitted Discretion of the Collateral Agent. For purposes of this Section 5.23, it is understood and agreed
that a single field examination may be conducted at multiple relevant sites and involve one or more Loan Parties and their assets. All
such field examinations by the Collateral Agent (or its designee) shall be at the sole expense of the Loan Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) On one occasion during each 12-month period,
the Loan Parties will provide the Collateral Agent with an appraisal of their Inventory (or update thereof) from an appraiser selected
and engaged by the Collateral Agent, and prepared on a basis reasonably satisfactory to the Collateral Agent, such appraisal or update
to include, without limitation, information required by applicable law and regulations. Notwithstanding the foregoing, (i) no inventory
appraisal will be conducted during any</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">12-month period in which there are no Loans outstanding and the aggregate
LC Exposure does not exceed 5.0% of the Borrowing Base at any time during such period; <U>provided</U> that, an inventory appraisal must
be conducted during the 2025 calendar year; <U>provided</U> further that, an inventory appraisal must be conducted during the 12-month
period immediately following any 12-month period during which no inventory appraisal was conducted, (ii) an additional inventory appraisal
may be conducted during any 12-month period in which Specified Excess Availability for three consecutive business days has been less than
or equal to the greater of (x) $70,000,000 and (y) 10% of the Maximum Borrowing Amount and (iii) if a Specified Event of Default has occurred
and is continuing, there shall be no limitation on the number or frequency of appraisals (or updates thereof) and the number and frequency
of appraisals (or updates thereof) shall be at the Permitted Discretion of the Collateral Agent. For purposes of this Section 5.23, it
is understood and agreed that a single appraisal (or update thereof) may be conducted at multiple relevant sites and involve one or more
Loan Parties and their assets. All such appraisals and updates thereof shall be at the sole expense of the Loan Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(x) <U>Credit Card Agreements and Notifications.</U>
Each Loan Party will (a) comply in all material respects with all its obligations under each Credit Card Agreement to which it is party
and (b) maintain credit card arrangements solely with the credit card issuers and credit card processors identified in Schedule 3.12;
<U>provided</U>, <U>however</U>, that the Company may amend Schedule 3.12 to remove any credit card issuer or credit card processor identified
in such Schedule or to add additional credit card issuers and credit card processors that are satisfactory to the Collateral Agent in
its reasonable discretion, and concurrently with the making of any such amendment the Company shall provide to the Collateral Agent evidence
that a Credit Card Notification shall have been delivered to any credit card issuer or credit card processor added to such Schedule.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(y) <U>Canadian Defined Benefit Pension
Plan.</U> The Company will not, nor will it permit any other Loan Party to, contribute to, or assume, incur or have any liability under,
any Canadian Defined Benefit Pension Plan without the prior written consent of the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 20.<BR>
<BR>
Events of Default and Remedies</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(a) <U>Events of Default.</U> Any of the
following shall be an &#8220;<U>Event of Default</U>&#8221;:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) any Borrower shall fail to make any payment of
principal of or interest on any Loan or any obligation in respect of any LC Disbursement when due or to pay any fees or other amounts
payable by it hereunder when due, and such failure remains unremedied for three Business Days after the applicable Borrower&#8217;s actual
receipt of notice of such failure from the Administrative Agent at the request of any Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) any statement of fact or representation made
or deemed to be made by (i) any Borrower in this Agreement or by any Borrower or any of its officers in any certificate delivered pursuant
to this Agreement or (ii) at such times as the Collateral and Guarantee Requirement is required to be satisfied, any Loan Party in any
Loan Document or by any Loan Party or any of its respective officers in any certificate delivered pursuant to any Loan Document, shall
prove to have been incorrect in any material respect when made or deemed made, and, if the consequences of such representation or statement
being incorrect shall be susceptible of remedy in all material respects, such consequences shall not be remedied in all material respects
within 30 days after any executive officer of any Borrower or any Financial Officer first becomes aware of or is advised that such representation
or statement was incorrect in a material respect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) (i)&nbsp;any Borrower shall fail to observe or
perform any covenant, condition or agreement contained in Sections&nbsp;5.04 (with respect to the existence of any Borrower), 5.08, 5.10,
5.11, 5.12, 5.13, 5.17, 5.18, 5.19, 5.21, 5.23 and 5.24 and, if the consequences of such failure shall be susceptible of remedy in all
material respects, such consequences shall not be remedied in all material respects within 20&nbsp;days after any executive officer of
any Borrower or any Financial Officer first becomes aware or is advised of such failure or (ii) any Borrower shall fail to observe or
perform any covenant, condition or agreement contained in Section&nbsp;5.06 or 5.22;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) (i) any event or condition shall occur which
enables the holder of any Material Indebtedness or any Person acting on such holder&#8217;s behalf to accelerate the maturity thereof
or (ii) the Company or any Consolidated Subsidiary shall fail to pay the principal of any Material Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) the Company or any Material Subsidiary shall
(i)&nbsp;make an assignment or general assignment for the benefit of creditors, (ii)&nbsp;apply for or consent (by admission of material
allegations of a petition or otherwise) to the appointment of or the taking of possession by a receiver, interim receiver, receiver and
manager, administrator, custodian, trustee or liquidator of the Company or any Material Subsidiary or for all or any substantial part
of the properties of the Company or any Material Subsidiary or authorize such application or consent, or proceedings seeking such appointment
shall be commenced (including the filing of any notice of intention in respect thereof) without such authorization, consent or application
against the Company or any Material Subsidiary and continue undismissed for 30&nbsp;days (or if such dismissal of such unauthorized proceedings
cannot reasonably be obtained within such 30-day period, the Company or any Material Subsidiary shall fail either to proceed with due
diligence to seek to obtain dismissal within such 30-day period or to obtain dismissal within 60 days), (iii)&nbsp;authorize or file a
voluntary petition in bankruptcy, suffer an order for relief under any Insolvency Law, or apply for or consent (by&nbsp;admission of material
allegations of a petition or otherwise) to the application of any Insolvency Law or other bankruptcy, reorganization, arrangement, readjustment
of debt, insolvency, dissolution, liquidation or other similar law of any jurisdiction, or authorize such application or consent, or proceedings
to such end shall be instituted (including the filing of any notice of intention in respect thereof) against the Company or any Material
Subsidiary without such authorization, application or consent which are not vacated within 30-days from the date</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">thereof (or if such vacation cannot reasonably be obtained within such
30-day period, the Company shall fail either to proceed with due diligence to seek to obtain vacation within such 30-day period or to
obtain vacation within 60&nbsp;days), (iv)&nbsp;permit or suffer all or any substantial part of its properties to be sequestered, attached,
or subjected to a Lien (other than a Lien expressly permitted by the exceptions in Section&nbsp;5.08) through any legal proceeding or
distraint which is not vacated within 30-days from the date thereof (or if such vacation cannot reasonably be obtained within such 30-day
period, the Company shall fail either to proceed with due diligence to seek to obtain vacation within such 30 day period or to obtain
vacation within 60 days), (v)&nbsp;generally not pay its debts as such debts become due or admit in writing its inability to do so, or
is otherwise insolvent, or (vi)&nbsp;conceal, remove, or permit to be concealed or removed, any material part of its property, with intent
to hinder, delay or defraud its creditors or any of them;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(F) (i) the Company or any ERISA Affiliate shall
fail to pay when due an amount or amounts aggregating in excess of $100,000,000 which it shall have become liable to pay to the PBGC or
to a Plan under Title IV of ERISA; or notice of intent to terminate a Plan or Plans having aggregate Unfunded Liabilities in excess of
$100,000,000 (collectively &#8220;<U>Material Plans</U>&#8221;) shall be filed under Title&nbsp;IV of ERISA by the Company or any ERISA
Affiliate, any plan administrator or any combination of the foregoing; or the PBGC shall institute proceedings under Title&nbsp;IV of
ERISA to terminate or to cause a trustee to be appointed to administer any Material Plan or a proceeding shall be instituted by a fiduciary
of any Material Plan against the Company or any ERISA Affiliate to enforce Section&nbsp;515 of ERISA or 4219(c)(5)&nbsp;of ERISA and such
proceeding shall not have been dismissed within 30&nbsp;days thereafter; or a condition shall exist by reason of which the PBGC would
be entitled to obtain a decree adjudicating that any Material Plan must be terminated or (ii) the occurrence of any Canadian Pension Event
that has a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(G) any Borrower shall fail to perform or observe
in any material respect any other term, covenant or agreement contained in any Loan Document (including without limitation Section&nbsp;5.01
of this Agreement) on its part to be performed or observed and any such failure remains unremedied for 30&nbsp;days after the applicable
Borrower shall have received written notice thereof from the Administrative Agent at the request of any Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(H) a Change in Control shall occur; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(I) one or more judgments for the payment of money
in an aggregate amount in excess of $100,000,000, exclusive of amounts covered by third party insurance, shall be rendered against the
Company, any Consolidated Subsidiary or any combination thereof and the same shall remain undischarged for a period of 60&nbsp;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 Company or any Consolidated Subsidiary to enforce any such judgment; <U>provided</U> that in calculating the
amounts covered by third party insurance, amounts covered by third party insurance shall not include amounts for which the third party
insurer has denied liability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(b) <U>Remedies.</U> If any Event of Default
shall occur and be continuing, the Administrative Agent shall (a)&nbsp;if requested by the Required Lenders, by notice to the Borrowers
terminate the Commitments and they shall thereupon terminate, and (b)&nbsp;if requested by Lenders holding more than 50% of the aggregate
unpaid principal amount of the Loans, by notice to the Borrowers declare the Loans (together with accrued interest thereon and all other
amounts payable by the Borrowers hereunder) to be, and the Loans (together with accrued interest thereon and all other amounts payable
by the Borrowers hereunder) shall thereupon become, immediately due and payable without presentment, demand, protest or other notice of
any kind, all of which are hereby waived by the Borrowers; <U>provided</U> that in the case of any of the bankruptcy Events of Default
specified in Section&nbsp;6.01(e) with respect to the Borrowers, without any notice to the Borrowers or any other act by the Administrative
Agent or the Lenders, the Commitments shall thereupon terminate and the Loans (together with accrued interest thereon and all other amounts
payable by the Borrowers hereunder) shall become immediately due and payable without presentment, demand, protest or other notice of any
kind, all of which are hereby waived by the Borrowers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(c) <U>Notice of Default.</U> The Administrative
Agent shall give notice to the Borrowers under Section&nbsp;6.01(a) or 6.01(g) promptly upon being requested to do so by any Lender and
shall thereupon notify all the Lenders thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 21.<BR>
<BR>
The Agents</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(a) <U>The Agents.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of the Lenders and each Issuing Bank hereby
irrevocably appoints each of the Administrative Agent and the Collateral Agent as its agent and authorizes such Agent to take such actions
on its behalf and to exercise such powers as are delegated to such 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, each of the Lenders
hereby grants to the Collateral Agent any required powers of attorney to execute and enforce any Collateral Document governed by the laws
of such jurisdiction on such Lender&#8217;s behalf.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of the banks serving as an Agent hereunder shall
have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent,
and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Company
or any Subsidiary or other Affiliate thereof as if it were not an Agent under the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Agents shall not have any duties or obligations
except those expressly set forth in the Loan Documents. Without limiting the generality of the foregoing, (a)&nbsp;the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Agents shall not be subject to any fiduciary or other implied duties,
regardless of whether a Default has occurred and is continuing, (b)&nbsp;the Agents shall not have any duty to take any discretionary
action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated by the Loan Documents that
the applicable Agent is required to exercise in writing by the Required Lenders (or such other number or percentage of the Lenders as
shall be necessary under the circumstances as provided in Section&nbsp;8.02 or Section 8.02A) or, in the case of the Collateral Documents,
the Required Secured Parties, and (c) except as expressly set forth in the Loan Documents, the Agents shall not have any duty to disclose,
and shall not be liable for the failure to disclose, any information relating to the Company or any of its Subsidiaries that is communicated
to or obtained by the banks serving as Agents or any of their respective Affiliates in any capacity. No Agent shall be liable for any
action taken or not taken by it with the consent or at the request of the Required Lenders (or such other number or percentage of the
Lenders as shall be necessary under the circumstances as provided in Section&nbsp;8.02 or Section 8.02A) or, in the case of the Collateral
Documents, the Required Secured Parties, or in the absence of its own gross negligence or willful misconduct. Each Agent shall be deemed
not to have knowledge of any Default unless and until written notice thereof is given to such Agent by the Company or a Lender, and the
Agents shall not be responsible for or have any duty to ascertain or inquire into (i)&nbsp;any statement, warranty or representation made
in or in connection with this Agreement, (ii)&nbsp;the contents of any certificate (including any Borrowing Base Certificate), report
or other document delivered hereunder or in connection with any Loan Document, (iii)&nbsp;qualification of (or lapse of any qualification
of) any Account, Credit Card Receivable, Inventory or real property under the eligibility criteria set forth herein, other than eligibility
criteria expressly referring to the matters described therein being acceptable or satisfactory to, or being determined by, the Collateral
Agent, (iv) the performance or observance of any of the covenants, agreements or other terms or conditions set forth in any Loan Document,
(v)&nbsp;the validity, enforceability, effectiveness or genuineness of any Loan Document or any other agreement, instrument or document
or (vi)&nbsp;the satisfaction of any condition set forth in Article&nbsp;IV or elsewhere in any Loan Document, other than to confirm receipt
of items expressly required to be delivered to the applicable Agent. Notwithstanding anything herein to the contrary, the Agents shall
not be liable for, or be responsible for any loss, cost or expense suffered by the Borrowers, any Lender or any Issuing Bank as a result
of, any such determination of the Credit Exposure, Excess Availability, the Borrowing Base or the component amounts of any thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each Agent shall be entitled to rely upon, and shall
not incur any liability for relying upon, any notice, request, certificate (including any Borrowing Base Certificate), consent, statement,
instrument, document or other writing believed by it to be genuine and to have been signed or sent by the proper Person. Each of the Agents
also may rely upon any statement made to it orally or by telephone and believed by it to be made by the proper Person, and shall not incur
any liability for relying thereon. Each Agent may consult with legal counsel (who may be counsel for the Company), independent accountants
and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any
such counsel, accountants or experts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each Lender and Issuing Bank hereby agrees that (a)
it has requested a copy of each Report prepared by or on behalf of any Agent; (b) the Agents (i) make no representation or warranty, express
or implied, as to the completeness or accuracy of any Report or any of the information contained therein or any inaccuracy or omission
contained in or relating to any Report and (ii) shall not be liable for any information contained in any Report; (c) the Reports are not
comprehensive audits or examinations, and any Person performing any field examination will inspect only specific information regarding
the Loan Parties and will rely significantly upon the Loan Parties&#8217; books and records, as well as on representations of the Loan
Parties&#8217; personnel, and that the Agents undertake no obligation to update, correct or supplement the Reports; (d) it will keep all
Reports confidential and strictly for its internal use and not share any Report with any other Person except as otherwise permitted pursuant
to this Agreement; and (e) without limiting the generality of any other indemnification provision contained in this Agreement, it will
pay and protect, and indemnify, defend and hold the Agents, each other Person preparing a Report and the Related Parties of any of the
foregoing harmless from and against, the claims, actions, proceedings, damages, costs, expenses and other amounts (including reasonable
attorney fees) incurred by any of them as the direct or indirect result of any third parties who obtain all or part of any Report through
the indemnifying Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of the Agents may perform any and all of its
duties and exercise its rights and powers by or through any one or more sub-agents appointed by such Agent. Each of the Agents and any
such sub-agent may perform any and all of its duties and exercise its rights and powers through their respective Related Parties. The
exculpatory provisions of the preceding paragraphs shall apply to any such sub-agent and to the Related Parties of each Agent 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 an Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Subject to the appointment and acceptance of a successor
Agent as provided in this paragraph, either Agent may resign at any time by notifying the Lenders, the Issuing Banks and the Company.
Upon any such resignation, the Required Lenders (or, in the case of the Collateral Agent, the Required Secured Parties) shall have the
right, in consultation with the Company, to appoint a successor. In addition, if either Agent is a Defaulting Lender due to it having
had a receiver, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with the reorganization
or liquidation of its business or custodian appointed for it, the Required Lenders shall have the right, by notice in writing to the Company
and such Agent, to remove such Agent in its capacity as such and, with the consent of the Company (not to be unreasonably withheld and
except during the continuance of an Event of Default hereunder, when no consent shall be required), to appoint a successor. If no successor
shall have been so appointed by the Required Lenders (or, in the case of the Collateral Agent, the Required Secured Parties) and shall
have accepted such appointment within 30&nbsp;days after the retiring Agent gives notice of its resignation, then the retiring Agent may,
on behalf of the Lenders and the Issuing Banks, appoint a successor 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 an Agent by a successor, such successor shall succeed to and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">become vested with all the rights, powers, privileges and duties of
the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations under the Loan Documents. The fees payable
by the Company to a successor Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Company
and such successor. After such Agent&#8217;s resignation hereunder, the provisions of this Article and Section&nbsp;8.03 shall continue
in effect for the benefit of such retiring Agent, its sub&#45;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 an Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each Lender acknowledges that it has, independently
and without reliance upon the Agents or any other Lender and any of their Related Parties and based on such documents and information
as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that
it will, independently and without reliance upon the Agents or any other Lender and any of their Related Parties and based on such documents
and information 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 any Loan Document, any related agreement or any document furnished hereunder or thereunder. The Joint Lead Arrangers and
Joint Bookrunners, the Co-Syndication Agents and the Co-Documentation Agents (each as identified on the cover page of this Agreement)
(each of the foregoing, in its capacity as such, a &#8220;<U>Titled Person</U>&#8221;), in their capacities as such, shall have no rights,
powers, duties, liabilities, fiduciary relationships or obligations under any Loan Document or any of the other documents related hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of the Lenders hereby (a)&nbsp;agrees to be
bound by the provisions of the Collateral Documents, including those terms thereof applicable to the Collateral Agent and the provisions
thereof authorizing the Required Secured Parties to approve amendments or modifications thereto or waivers thereof, and to control remedies
thereunder, and (b)&nbsp;irrevocably authorizes the Collateral Agent to (i) release any Liens on any Non-ABL Priority Collateral in accordance
with an Intercreditor Agreement and (ii) release any Liens on any Collateral in accordance with the Collateral Documents, including any
Liens on real property following the delivery of a Real Property Exclusion Notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of the Lenders hereby (a)&nbsp;authorizes and
instructs the Collateral Agent to enter into an Intercreditor Agreement if Indebtedness is incurred that is secured by Liens contemplated
by clause (b)(ix) or (b)(x) of Section 5.08 and (b)&nbsp;agrees that it will be bound by and will take no actions contrary to the provisions
of such Intercreditor Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">It is understood and agreed by the parties hereto,
that as part of its duties and functions, the Collateral Agent shall serve as the hypothecary representative for itself and for all present
and future Secured Parties, as contemplated by Article 2692 of the Civil Code of Qu&eacute;bec (the &#8220;<U>CCQ</U>&#8221;). For greater
certainty, and without limiting the powers of the Collateral Agent, each of the Lenders and the Issuing Banks hereby irrevocably appoints
the Collateral Agent as hypothecary representative for all present and future Lenders, Issuing Banks and any other Secured Parties as
contemplated under</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Article 2692 of the CCQ in order to hold the hypothecs granted under
any Loan Document pursuant to the laws of the Province of Quebec to secure performance of all or part of the Obligations (as defined in
each such Loan Document) and to exercise such powers and duties which are conferred upon the hypothecary representative thereunder. The
appointment of the Collateral Agent as hypothecary representative shall be deemed to have been ratified and confirmed by each Person that
accedes or has acceded to this Agreement as a Lender or Issuing Bank after the date hereof. The Loan Parties hereby acknowledge the appointment
of the Collateral Agent as the hypothecary representative of the Secured Parties as contemplated under Article 2692 of the CCQ. In the
event of the resignation of the Collateral Agent and appointment of a successor Collateral Agent, such successor Collateral Agent shall
also act as hypothecary representative without further act or formality being required to appoint such successor Collateral Agent as the
successor hypothecary representative for the purposes of any then existing deeds of hypothec. The execution by the Collateral Agent as
the hypothecary representative of the relevant deeds of hypothec or other relevant documentation prior to the date hereof is hereby ratified
and confirmed by each Lender and Issuing Bank. In its capacity of hypothecary representative, the Collateral Agent shall (a) have the
sole and exclusive right and authority to exercise, except as may be otherwise specifically restricted hereunder, all rights and remedies
given to the hypothecary representative pursuant to any hypothec, applicable law or otherwise, (b) benefit from and be subject to all
provisions hereof with respect to the Collateral Agent, mutatis mutandis, including, without limitation, all such provisions with respect
to the liability or responsibility to and indemnification by the Lenders and the Issuing Banks, and (c) be entitled to delegate from time
to time any of its powers or duties under any deed of hypothec or other Loan Document, on such terms and conditions as it may determine
from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(b) <U>Certain ERISA Matters.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of the Lenders hereby (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, each Agent and each Titled Person and their respective
Affiliates and not, for the avoidance of doubt, to or for the benefit of any Borrower or any other Loan Party, that at least one of the
following is and will be true:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
Lender is not using &#8220;plan assets&#8221; (within the meaning of Section 3(42) of ERISA or otherwise) of one or more Benefit Plans
with respect to such Lender&#8217;s entrance into, participation in, administration of and performance of the Loans, the Commitments or
this Agreement,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">determined by in-house asset managers), is applicable with respect
to such Lender&#8217;s entrance into, participation in, administration of and performance of the Loans, the Commitments and this Agreement,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
such Lender is an investment fund managed by a &#8220;Qualified Professional Asset Manager&#8221; (within the meaning of Part VI of PTE
84-14), (ii) such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate
in, administer and perform the Loans, the Commitments and this Agreement, (iii) the entrance into, participation in, administration of
and performance of the Loans, the Commitments and this Agreement satisfies the requirements of sub-sections (b) through (g) of Part I
of PTE 84-14 and (iv) to the best knowledge of such Lender, the requirements of subsection (a) of Part I of PTE 84-14 are satisfied with
respect to such Lender&#8217;s entrance into, participation in, administration of and performance of the Loans, the Commitments and this
Agreement, or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
other representation, warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion, and
such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">In addition, unless either (1) clause (a) in the
immediately preceding paragraph is true with respect to a Lender or (2) a Lender has provided another representation, warranty and covenant
in accordance with clause (d) in the immediately preceding paragraph, 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, each Agent and each Titled Person and their respective Affiliates and not,
for the avoidance of doubt, to or for the benefit of any 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&#8217;s entrance into, participation in, administration of and performance
of the Loans, the 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).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(c) <U>Erroneous Payments.</U> (A) &nbsp;&nbsp;Each
Lender (which term shall for the purposes of this and the succeeding paragraphs&nbsp;of this Section 7.03 include the Issuing Banks) hereby
agrees that (x) if the Administrative Agent notifies&nbsp;such Lender that the Administrative Agent has determined&nbsp;in its sole discretion
that any funds received by such Lender 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 &#8220;<U>Payment</U>&#8221;) were erroneously transmitted
to such Lender (whether or not known to such Lender), and demands the return of such Payment (or a portion thereof), such Lender shall
promptly, but in no event later than one Business Day thereafter, 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 in respect of each day from and
including the date such Payment (or portion thereof) was received by such Lender to the date such amount is repaid to the Administrative
Agent at the greater of the NYFRB Rate and a rate</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">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 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 &#8220;discharge for value&#8221; or any similar doctrine. A notice of the Administrative Agent to any
Lender under this Section 7.03 shall be conclusive, absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Each Lender hereby further agrees that if it&nbsp;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 &#8220;<U>Payment
Notice</U>&#8221;) 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.&nbsp; Each Lender 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 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, 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 in respect of each day from and including the date such Payment (or portion thereof) was received by such Lender
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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) Each Borrower and each other Loan Party hereby
agrees that (x) in the event an erroneous Payment (or portion thereof) is not recovered from any Lender that has received such Payment
(or portion thereof) for any reason, the Administrative Agent shall be subrogated to all the rights of such Lender with respect to such
amount to the maximum extent permitted by law 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; <U>provided</U>, that this clause (c) shall not be interpreted to increase
(or accelerate the due date for), or have the effect of increasing (or accelerating the due date for), any Obligations of the Loan Parties
in respect of principal and interest hereunder relative to the amount (and/or timing for payment) of the Obligations of the Loan Parties
in respect of principal and interest hereunder that would have been payable had such erroneous Payment not been made by the Administrative
Agent; <U>provided</U>, <U>further</U>, that for the avoidance of doubt, this clause (c) shall not apply to the extent any such Payment
is, and solely with respect to the amount of such Payment that is, comprised of funds received by the Administrative Agent from any Borrower
or any other Loan Party for the purpose of making such Payment, satisfying Obligations or from the proceeds of Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) Each party&#8217;s obligations under this Section
7.03 shall survive the resignation or replacement of the Administrative Agent or any transfer of rights or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 22.<BR>
<BR>
Miscellaneous</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(a) <U>Notices.</U> Except in the case
of notices and other communications expressly permitted to be given by telephone (and subject to the last paragraph 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, as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) if to the Borrowers, to the Company at Three
Limited Parkway, Columbus, Ohio 43230, Attention of Treasurer (email: TreasuryCashReporting@bbw.com) with copy to Chief Legal Officer
(email: ChiefLegalOfficer@bbw.com);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) [reserved;]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) if to either Agent for any other purpose, to
the address or addresses provided separately to the Loan Parties; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) if to an Issuing Bank, as applicable, to it at
(i) JPMorgan Chase Bank, N.A., Attention of Andrew Myers, 500 Stanton Christiana Rd, NCCS, Floor 01, Newark, DE 19713 (Telecopy No. 302-634-5634,
email: andrew.myers@chase.com), (ii) Bank of America, N.A., Attention of Michael Grizzanti, Standby L/C Department, MC: PA6-580-02-30,
One Fleet Way, Scranton, PA 18507-1999 (Telecopy No. 1-800-370-8743), (iii) Barclays Bank PLC, Attention of US Loan Operations, 745 Seventh
Avenue, New York, NY 10019 (Telecopy No. 201-499-0040, TITANS@barclayscapital.com, knights@barclays.com, us.loan.management@barclays.com,
1972535528@tls.ldsprod.com), (iv) Citibank, N.A., Attention of Piotr Marciszewski, 388 Greenwich Street, New York, NY 10013 (Email: piotr.marciszewski@citi.com;
Telecopy No. 646-737-0678) with a copy to Citibank, N.A., Attention Bank Loans Syndications Department, 1615 Brett Road #3, New Castle,
DE 19720 (Email: GLAgentOfficeOps@citi.com; Telecopy No. 646-274-5080), (v) Goldman Sachs Bank USA, c/o Goldman Sachs Loan Operations,
Attention of Letter of Credit Department Manager, 2001 Ross Venue, 37th Floor, Dallas, TX 75201, (vi) HSBC Bank USA, N.A., Attention of
Head of SBDC Operations- GTRF, 2 Hanson Place, 14th Floor, Brooklyn, NY 11217 (Telecopy No. 1-866-327-0763, gtrfsdc@us.hsbc.com), (vii)
Mizuho Bank, Ltd. Attention of Tushar Kamble, LAU, 1271 Avenue of the Americas, New York, NY 10020 (Telecopy No. 1-201-626-9724, email:
LAU_UScorp3@mizuhogroup.com), (viii) The Huntington National Bank, Attention of Asset Based Lending, Patricia Scudder, 200 Public Square
CM64, Cleveland, Ohio 44114 (Telecopy No. 720-334-3588, email: ABLOperations@huntington.com and Patricia.Scudder@huntington.com), or (ix)
its address (or telecopy number) specified in writing to the Company and the Administrative Agent in accordance with this Section&nbsp;8.01.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Any party hereto may change its address or telecopy
number for notices and other communications hereunder by notice to the other parties hereto. Notices sent by hand or overnight courier
service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices sent by facsimile 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 delivered through electronic communications
to the extent provided in the immediately subsequent paragraph below, shall be effective as provided in said paragraph.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Notices and other communications to the Lenders hereunder
may be delivered or furnished by electronic communications pursuant to procedures approved by the Administrative Agent; <U>provided</U>
that the foregoing shall not apply to notices pursuant to Article&nbsp;II unless otherwise agreed by the Administrative Agent and the
applicable Lender. Either Agent or the Company may, in its discretion, agree to accept notices and other communications to it hereunder
by electronic communications pursuant to procedures approved by it; <U>provided</U> that approval of such procedures may be limited to
particular notices or communications. Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent
to an e-mail address shall be deemed received upon the sender&#8217;s receipt of an acknowledgment from the intended recipient (such as
by the &#8220;return receipt requested&#8221; function, as available, return e-mail or other written acknowledgment), provided that if
such notice or other communication is not given during the normal business hours of the recipient, such notice or communication shall
be deemed to have been given at the opening of business on the next Business Day for the recipient, and (ii) notices or 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
therefor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(b) <U>Waivers; Amendments.</U> (A) &nbsp;&nbsp;No
failure or delay by the Administrative Agent, any Issuing Bank or any Lender in exercising any right or power hereunder 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, any Issuing Bank and the Lenders hereunder 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 consent to any departure by any Borrower therefrom
shall in any event be effective unless the same shall be permitted by paragraph&nbsp;(b) of this Section, and then such waiver or consent
shall be effective only in the specific instance and for the purpose for which given. Without limiting the generality of the foregoing,
the making of a Loan or issuance 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Neither this Agreement nor any provision hereof
may be waived, amended or modified except pursuant to an agreement or agreements in writing entered into by the Borrowers and the Required
Lenders or by the Borrowers and the Administrative Agent with the consent of the Required Lenders; <U>provided</U> that no such agreement
shall (i) increase the Commitment of any Lender without the written consent of such Lender, (ii) reduce the principal amount of any Loan
or LC Disbursement or reduce the rate of interest thereon, or reduce any fees payable by the Borrowers hereunder, without the written
consent of each Lender affected thereby, (iii) postpone the scheduled date of payment of the principal amount of any Loan or LC Disbursement,
or any interest thereon, or any fees payable by the Borrowers 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 affected thereby, (iv) change
Section&nbsp;2.17(b) or (c) in a manner that would alter the pro rata sharing of payments required thereby, without the written consent
of each Lender, or (v) change any of the provisions of this Section or the definition of &#8220;Required Lenders&#8221; or any other provision
hereof to reduce the number or percentage of Lenders (or Lenders of any Class) required to waive, amend or modify any rights hereunder
or make any determination or grant any consent hereunder, without the written consent of each Lender (or each Lender of such Class, as
the case may be); <U>provided further</U> that (i) no such agreement shall amend, modify or otherwise affect the rights or duties of the
Administrative Agent or any Issuing Bank hereunder without the prior written consent of the Administrative Agent or any Issuing Bank,
as the case may be, and (ii) any waiver, amendment or modification of this Agreement that by its terms affects the rights or duties under
this Agreement of the Lenders of any Class (but not the Lenders of other Classes) may be effected by an agreement or agreements in writing
entered into by the Company and requisite percentage in interest of the affected Class of Lenders. Notwithstanding the foregoing, any
provision of this Agreement may be amended by an agreement in writing entered into by the Borrowers, the Required Lenders and the Administrative
Agent (and, if their rights or obligations are affected thereby, any Issuing Bank) if (i) by the terms of such agreement the Commitment
of each Lender not consenting to the amendment provided for therein shall terminate upon the effectiveness of such amendment and (ii)
at the time such amendment becomes effective, each Lender not consenting thereto receives payment in full of the principal of and interest
accrued on each Loan made by it and all other amounts owing to it or accrued for its account under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) Notwithstanding the foregoing, if the Administrative
Agent and the Company acting together identify any ambiguity, omission, mistake, typographical error or other defect in any provision
of this Agreement or any other Loan Document, then the Administrative Agent and the Company shall be permitted to amend, modify or supplement
such provision to cure such ambiguity, omission, mistake, typographical error or other defect, and such amendment shall become effective
without any further action by or consent of any other party to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">SECTION 8.02A.&#9;<U>Certain ABL Amendments.</U>
(a) Notwithstanding anything herein to the contrary, no agreement or agreements entered into by the Borrowers and the Required Lenders
or by the Borrowers and the Administrative Agent with the consent of the Required Lenders shall (i) change any of the provisions of this</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Section, the definition of &#8220;Borrowing Base&#8221; or any of the
component definitions thereof, or increase any advance rate used in computing the Borrowing Base, or add any new asset class to the Borrowing
Base, in each case, in a manner that could result in increased borrowing availability, it being understood that changes in Reserves implemented
by the Collateral Agent in its Permitted Discretion in accordance with the terms hereof shall not be subject to the consent of the Supermajority
Lenders, (ii) release the Company or all or substantially all the value of the Guarantees provided by the Subsidiary Loan Parties (including,
in each case, by limiting liability in respect thereof) under the Collateral Documents (except for any such release by the Collateral
Agent in connection with any sale or other disposition of any Subsidiary Loan Party permitted hereunder), it being understood that an
amendment or other modification of the types of obligations guaranteed under the Collateral Documents shall not be deemed to be a release
or limitation of any Guarantee or (iii) release all or substantially all the Collateral from the Liens created under the Collateral Documents,
or subordinate any such Liens (except as expressly provided in Article VII or Section 8.23 and except for any such release by the Collateral
Agent in connection with any sale or other disposition of the Collateral upon the exercise of remedies under the Collateral Documents),
it being understood that an amendment or other modification of the types of obligations secured by the Collateral Documents shall not
be deemed to be a release of the Collateral from the Liens created thereunder, in each case of clauses (i), (ii) and (iii), without the
written consent of the Supermajority Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything herein to the contrary, no agreement or agreements entered into by the Borrowers and the Required Lenders or by the Borrowers
and the Administrative Agent with the consent of the Required Lenders shall change the definition of &#8220;Supermajority Lenders&#8221;,
without the written consent of each Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(c) <U>Expenses; Indemnity; Damage Waiver.</U>
(A) &nbsp;&nbsp;The Company shall pay (i) all reasonable out&#45;of&#45;pocket expenses incurred by the Agents and their respective Affiliates,
including the reasonable fees, charges and disbursements of a single counsel for the Agents, as applicable, in connection with the syndication
of the credit facilities provided for herein, the preparation and administration of the Loan Documents or any amendments, modifications
or waivers of the provisions thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable
out-of-pocket expenses incurred by the Agents in connection with field examinations and appraisals conducted in connection with the establishment
of the credit facilities provided for herein or provided for in the Loan Documents and/or any internally allocated charges relating to
any field examinations or appraisals conducted by either Agent and (iii)&nbsp;if an Event of Default occurs, all reasonable out-of-pocket
expenses incurred by either Agent, any Issuing Bank or any Lender, including the fees, charges and disbursements of any counsel for either
Agent, any Issuing Bank or any Lender, in connection with the enforcement or protection of its rights in connection with the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) The Company shall indemnify each Agent, any Issuing
Bank and each Lender, and each Related Party of any of the foregoing Persons (each such Person</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">being called an &#8220;<U>Indemnitee</U>&#8221;) against, and hold
each Indemnitee harmless from, any and all Liabilities and related expenses, including the execution or delivery of this Agreement, any
other Loan Document, or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their respective
obligations hereunder or thereunder or the consummation of the Transactions or any other transactions contemplated hereby, the reasonable
fees, charges and disbursements of any counsel for any Indemnitee in connection with any investigative, administrative or judicial proceeding,
whether or not such Indemnitee shall be designated a party thereto, which may be incurred by any Indemnitee, relating to or arising out
of any actual or proposed use of proceeds of Loans and Letters of Credit hereunder for the purpose of acquiring equity securities of any
Person or any exercise of remedies under the Loan Documents; <U>provided</U> that no Indemnitee shall have the right to be indemnified
hereunder (i) with respect to the acquisition of equity securities of a wholly-owned Subsidiary, or of a Person who prior to such acquisition
did not conduct any business or (ii) for its own gross negligence or willful misconduct determined by a final non appealable decision
of a court of competent jurisdiction. This Section 8.03(b) shall not apply with respect to Taxes other than any Taxes that represent losses,
claims, damages, etc. arising from any non-Tax claim.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) To the extent that the Company fails to pay any
amount required to be paid by it to either Agent or any Issuing Bank under paragraph (a) or (b) of this Section, (i) each Lender, in the
case of this Agreement, severally agrees to pay to the Administrative Agent or Issuing Bank, as the case may be, such Lender&#8217;s ratable
share (determined in accordance with such Lender&#8217;s share of the Aggregate Commitments or, if the Commitments have terminated, the
Aggregate Credit Exposure, in each case as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such
unpaid amount and (ii) each Secured Party, in the case of the Collateral Agreements, severally agrees to pay to the Collateral Agent such
Secured Party&#8217;s ratable share (determined in accordance with such Secured Party&#8217;s share of the Obligations) of such unpaid
amount; <U>provided</U> that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may
be, was incurred by or asserted against such Agent or Issuing Bank in its capacity as such.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) To the extent permitted by applicable law, (i)
no Loan Party shall assert, and each Loan Party hereby waives, any claim against any Agent, any Joint Lead Arranger, any Issuing Bank,
any Lender, and any Related Party of any of the foregoing Persons (each such Person being called a &#8220;<U>Lender-Related Person</U>&#8221;)
for any Liabilities arising from the use by others of information or other materials (including, without limitation, any personal data)
obtained through telecommunications, electronic or other information transmission systems (including the Internet); <U>provided</U>, that
such waiver shall not apply to any claims against a Lender-Related Person attributable to the gross negligence or willful misconduct of
such Lender-Related Person and (ii) no Loan Party shall assert, and each Loan Party hereby waives, any claim against any Lender-Related
Person, on any theory of liability, 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, the Loan Documents or any agreement or instrument contemplated hereby, the Transactions,
any Loan or Letter of Credit or the use of the proceeds thereof; <U>provided</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">that (A) the waiver set forth in this clause (ii) shall not apply to
special, indirect or consequential damages (but shall apply to punitive damages) attributable to the failure of a Lender to fund Loans,
when required to do so hereunder, promptly after the receipt of notice of such failure and (B) nothing in this Section 8.03(d) shall relieve
any Loan Party of any obligation it may have to indemnify an Indemnitee, as provided in Section 8.03(b), against any special, indirect,
consequential or punitive damages asserted against such Indemnitee by a third party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(E) All amounts due under this Section shall be payable
promptly after written demand therefor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(d) <U>Successors and Assigns.</U> (A)
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)&nbsp;other
than pursuant to a merger permitted under Section&nbsp;5.12, no Borrower may assign or otherwise transfer any of its rights or obligations
hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by a Borrower without such consent
shall be null and void) and (ii)&nbsp;no Lender may assign 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) and, to the extent expressly contemplated hereby, the
Related Parties of each of the Agents, any Issuing Bank and the Lenders) any legal or equitable right, remedy or claim under or by reason
of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Subject to the conditions set forth in paragraph
(b)(ii) below, any Lender may assign 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 (such consent not
to be unreasonably withheld or delayed) of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the Company; <U>provided</U> that no consent of the
Company shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred
and is continuing, any other assignee; <U>provided</U>, <U>further</U>, that the Company shall be deemed to have consented to any such
assignment unless it shall object thereto by written notice to the Administrative Agent within ten (10) Business Days after having received
notice thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the Administrative Agent; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">in the case of any assignment of all or a portion
of the Commitments of any Class under which Letters of Credit may be issued hereunder, each Issuing Bank of such Class.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Assignments shall be subject to the following additional
conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">except in the case of an assignment to a Lender or
an Affiliate of a Lender or an assignment of the entire remaining amount of the assigning Lender&#8217;s Commitment or Loans of any Class,
the amount of the Commitment or Loans of any Class of the assigning Lender subject to each such assignment (determined as of the date
the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $10,000,000
unless each of the Company and the Administrative Agent otherwise consents; <U>provided</U> that no such consent of the Company shall
be required if an Event of Default has occurred and is continuing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">each partial assignment shall be made as an assignment
of a proportionate part of all the assigning Lender&#8217;s rights and obligations under this Agreement as such rights and obligations
relate to the Class of Loans or Commitments being assigned;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the parties to each assignment shall execute and
deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">the assignee, if it shall not be a Lender, shall
deliver to the Administrative Agent an Administrative Questionnaire; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">no assignment shall be made to the Company or any
of its Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Subject to acceptance and recording thereof pursuant
to paragraph&nbsp;(b)(iv) 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 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 by such
Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering
all of the assigning Lender&#8217;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 Sections&nbsp;2.14, 2.15, 2.16, 2.21 and 8.03). Any assignment or transfer by a Lender of rights
or obligations under this Agreement that does not comply with this Section&nbsp;8.04 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 paragraph (c) of this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">The Administrative Agent, acting for this purpose
as an agent of the Company, shall maintain at one of its offices a 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 of the Loans and LC Disbursements
owing to, each Lender pursuant to the terms hereof from time to time (the &#8220;<U>Register</U>&#8221;). The entries in the Register
shall be conclusive, in the absence of manifest error, and the Borrowers, the Administrative Agent, any Issuing Bank and the Lenders may
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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Register shall be available for inspection by the Borrowers, any Issuing
Bank and any Lender, at any reasonable time and from time to time upon reasonable prior notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Upon its receipt of a duly completed Assignment and
Assumption executed by an assigning Lender and an assignee, the assignee&#8217;s completed Administrative Questionnaire (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 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. No assignment shall be effective for purposes of this Agreement unless it
has been recorded in the Register as provided in this paragraph.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) Any Lender may, without the consent of the Borrowers,
the Administrative Agent or any Issuing Bank, sell participations to one or more banks or other entities (a &#8220;<U>Participant</U>&#8221;)
in all or a portion of such Lender&#8217;s rights and obligations under this Agreement (including all or a portion of its Commitment and
the Loans owing to it); <U>provided</U> that (A)&nbsp;such Lender&#8217;s obligations under this Agreement shall remain unchanged, (B)&nbsp;such
Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (C)&nbsp;the Borrowers,
the Administrative Agent, any Issuing Bank and the other Lenders shall continue to deal solely and directly with such Lender in connection
with such Lender&#8217;s rights and obligations under 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 the Loan Documents and to approve any amendment,
modification or waiver of any provision of the Loan Documents; <U>provided</U> 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&nbsp;(i),
(ii), (iii) or (iv) of the first proviso to Section&nbsp;8.02(b) that affects such Participant. Subject to paragraph (c)(ii) of this Section,
the Borrowers agree that each Participant shall be entitled to the benefits of Sections&nbsp;2.14, 2.15, 2.16 (subject to the requirements
and limitations therein) and 2.21 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph
(b) of this Section. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section&nbsp;8.08 as though
it were a Lender, provided such Participant agrees to be subject to Section&nbsp;2.17(c) as though it were a Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">A Participant shall not be entitled to receive any
greater payment under Section&nbsp;2.14, 2.16 or 2.21 than the applicable Lender would have been entitled to receive with respect to the
participation sold to such Participant, unless the sale of the participation to such Participant is made with the Company&#8217;s prior
written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section&nbsp;2.16
unless the Company is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers,
to comply with Section&nbsp;2.16(e) as though it were a Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Each Lender that sells a participation shall, acting
solely for this purpose as a non-fiduciary agent of the Borrowers, maintain a register on which it enters the name and address of each
Participant and the principal amounts (and stated interest) of each</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Participant&#8217;s interest in the Loans or other obligations under
the Loan Documents (the &#8220;<U>Participant Register</U>&#8221;); <U>provided</U> that no Lender shall have any obligation to disclose
all or any portion of the Participant Register to any Person (including the identity of any Participant or any information relating to
a Participant's interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) except to the
extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other obligation is in registered
form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive
absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such
participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative
Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) Any Lender may at any time pledge or assign a
security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge
or assignment to secure obligations to a Federal Reserve Bank or other central banking authority, and this Section shall not apply to
any such pledge or assignment of a security interest; <U>provided</U> 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(e) <U>Survival.</U> All covenants, agreements,
representations and warranties made by the Loan Parties in the Loan Documents and in the certificates or other instruments delivered in
connection with or pursuant to any Loan Document shall be considered to have been relied upon by the other parties hereto and shall survive
the execution and delivery of the 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, any Issuing Bank or any
Lender may have had notice or knowledge of any Default or incorrect representation or warranty at the time 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 Letter of Credit is outstanding and so long as the Commitments have not
expired or terminated. The provisions of Sections&nbsp;2.14, 2.15, 2.16, 2.21 and 8.03 and Article&nbsp;VII shall survive and remain in
full force and effect regardless of the consummation of the transactions contemplated hereby, the repayment 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(f) <U>Counterparts; Integration; Effectiveness;
Electronic Execution.</U> (A) &nbsp;&nbsp;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 and the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">initial Lenders constitute the entire contract among the
parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating
to the subject matter hereof. This Agreement shall become effective as provided in the Restatement Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Delivery of an executed counterpart of a signature
page of this Agreement by telecopy, emailed pdf. or any other electronic means that reproduces an image of the actual executed signature
page shall be effective as delivery of a manually executed counterpart of this Agreement. The words &#8220;execution,&#8221; &#8220;signed,&#8221;
&#8220;signature,&#8221; &#8220;delivery,&#8221; and words of like import in or relating to any document to be signed in connection with
this Agreement or any other Loan Document and the transactions contemplated hereby shall be deemed to include Electronic Signatures, deliveries
or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually
executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, 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, or the <I>Electronic
Commerce Act</I> (Ontario) or other similar provincial legislation; <U>provided</U> that nothing herein shall require any Agent to accept
electronic signatures in any form or format without its prior written consent. Without limiting the generality of the foregoing, the Company
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 Agents, the Lenders and the Loan Parties, electronic images of this Agreement
or any other Loan Documents (in each case, including with respect to any signature pages thereto) shall have the same legal effect, validity
and enforceability as any paper original, and (ii) waives any argument, defense or right to contest the validity or enforceability of
the Loan Documents based solely on the lack of paper original copies of any Loan Documents, including with respect to any signature pages
thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(g) <U>Severability.</U> 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(h) <U>Right of Setoff.</U> If any Event
of Default shall have occurred and be continuing, each Lender and each of its Affiliates and each Issuing Bank and each of its Affiliates
is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits
(general or special, time or demand, provisional or final) at any time held and other obligations at any time owing by such Lender, Issuing
Bank or Affiliate to or for the credit or the account of any Borrower against any and all the obligations then due of such Borrower now
or hereafter existing under this Agreement held by such Lender or such Issuing Banks. The rights of each</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">Lender and each Issuing Bank under this Section are in addition
to other rights and remedies (including other rights of setoff) which such Lender or such Issuing Bank may have.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(i) <U>Governing Law; Jurisdiction; Consent
to Service of Process.</U> (A) &nbsp;&nbsp;THIS AGREEMENT AND, ANY LETTERS OF CREDIT ISSUED HEREUNDER AND ANY CLAIM, CONTROVERSY, DISPUTE
OR CAUSE OF ACTION BASED UPON, ARISING OUT OF OR RELATING TO THIS AGREEMENT AND ANY LETTERS OF CREDIT ISSUED HEREUNDER SHALL BE CONSTRUED
IN ACCORDANCE WITH, AND GOVERNED BY, THE LAW OF THE STATE OF NEW YORK.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Each Borrower hereby irrevocably and unconditionally
submits, for itself and its property, to the nonexclusive jurisdiction of the Supreme Court of the State of New York sitting in New York
County and of the United States District Court of the Southern District of New York, and any appellate court from any thereof, in any
suit, action, proceeding, claim or counterclaim arising out of or relating to any Loan Document, or for recognition or enforcement of
any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees, to the fullest extent permitted under applicable
law, that all claims in respect of any such suit, action, proceeding, claim or counterclaim may be heard and determined in such New&nbsp;York
State or Federal court. Each of the parties hereto agrees that a final judgment in any such suit, action, proceeding, claim or counterclaim
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 any Loan Document shall affect any right that either Agent, any Issuing Bank or any Lender may otherwise have to bring any suit, action,
proceeding, claim or counterclaim relating to any Loan Document against any Borrower or its properties in the courts of any jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) Each Borrower hereby irrevocably and unconditionally
waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of
venue of any suit, action, proceeding, claim or counterclaim arising out of or relating to any 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 suit, action, proceeding, claim or counterclaim in any such court.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(D) Each party to this Agreement irrevocably consents
to service of process in the manner provided for notices in Section&nbsp;8.01. Nothing in any Loan Document will affect the right of any
party to this Agreement to serve process in any other manner permitted by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(j) <U>WAIVER OF JURY TRIAL.</U> EACH
PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY SUIT, ACTION,
PROCEEDING, CLAIM OR COUNTERCLAIM DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO ANY</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED THEREBY (WHETHER
BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A)&nbsp;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)&nbsp;ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS,
THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(k) <U>Headings.</U> 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(l) <U>Confidentiality.</U> Each of the
Agents, any Issuing Bank and the Lenders agrees to maintain the confidentiality of the Information (as defined below), except that Information
may be disclosed (a)&nbsp;to its and its Affiliates&#8217; directors, officers, employees and agents, including accountants, legal counsel,
insurers, insurance brokers, service providers and other advisors (it being understood 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), (b)&nbsp;to the
extent requested by any regulatory authority, (c)&nbsp;to the extent required by applicable laws or regulations or by any subpoena or
similar legal process, (d) to report any potential securities law violations or other illegal activity to the Securities and Exchange
Commission, the Department of Justice, or any other governmental or regulatory body, or to participate in any investigation or proceeding
conducted by such bodies, (e) to any other party to this Agreement or to any rating agency in connection with rating any Loan Party in
connection with this Agreement or the Loans, (f)&nbsp;in connection with the exercise of any remedies under any Loan Document or any suit,
action or proceeding relating to any Loan Document or the enforcement of rights thereunder, (g) subject to an agreement containing provisions
substantially the same as those of this Section, to any assignee of or Participant in, or any prospective assignee of or Participant in,
any of its rights or obligations under this Agreement (or any of its agents or professional advisors), (h) on a confidential basis to
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, (i)&nbsp;in the case of information with respect to this Agreement that is of the type routinely provided
by arrangers to such providers, to data service providers, including league table providers, that serve the lending industry, (j) with
the consent of the Company or (k)&nbsp;to the extent such Information (i)&nbsp;becomes publicly available other than as a result of a
breach of this Section or (ii)&nbsp;becomes available to either Agent, any Issuing Bank or any Lender on a nonconfidential basis from
a source other than the Company or the Subsidiaries. For the purposes of this Section, &#8220;<U>Information</U>&#8221; means all</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">information received from the Company or any Subsidiary
relating to the Company, the Company&#8217;s business, a Subsidiary or a Subsidiary&#8217;s business, other than any such information
that is available to either Agent, any Issuing Bank or any Lender on a nonconfidential basis prior to disclosure by the Company or the
Subsidiaries. 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(m) <U>Interest Rate Limitation.</U> Notwithstanding
anything herein to the contrary, if at any time the interest rate applicable to any Loan, together with all fees, charges and other amounts
which are treated as interest on such Loan under applicable law (collectively the &#8220;<U>Charges</U>&#8221;), shall exceed the maximum
lawful rate (the &#8220;<U>Maximum Rate</U>&#8221;) which may be contracted for, charged, taken, received or reserved by the Lender holding
such Loan 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 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 in respect of other Loans 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(n) <U>Collateral.</U> Each of the Lenders
represents to the Agents and each of the other Lenders that it in good faith is not relying upon any &#8220;<U>margin stock</U>&#8221;
(as defined in Regulation U of the Board) as collateral in the extension or maintenance of the credit provided for in this Agreement.
In addition, no Borrower will use or permit any proceeds of the Loans to be used in any manner which would violate or cause any Lender
to be in violation of Regulation U of the Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(o) <U>USA Patriot Act and Beneficial
Ownership Regulation.</U> Each Lender hereby notifies the Borrowers that pursuant to the requirements of the USA Patriot Act (Title III
of Pub. L. 107-56 (signed into law October 26, 2001)) (the &#8220;<U>Patriot Act</U>&#8221;) and/or the Beneficial Ownership Regulation,
it is required to obtain, verify and record information that identifies each Borrower, which information includes the name and address
of each Borrower and other information that will allow such Lender to identify each Borrower in accordance with the Patriot Act and the
Beneficial Ownership Regulation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(p) <U>Canadian Anti-Money Laundering
Legislation.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(A) The Loan Parties acknowledge that, pursuant to
the <I>Proceeds of Crime (Money Laundering) and Terrorist Financing Act</I> (Canada) and other applicable</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">anti-money laundering, anti-terrorist financing, government sanction
and &#8220;know your client&#8221; laws (collectively, including any guidelines or orders thereunder, &#8220;<U>AML Legislation</U>&#8221;),
the Lenders may be required to obtain, verify and record information regarding the Loan Parties, their directors, authorized signing officers,
direct or indirect shareholders or other Persons in control of the Loan Parties, and the transactions contemplated hereby. The Loan Parties
shall promptly provide all such information in their possession, including supporting documentation and other evidence, as may be reasonably
requested by any Lenders, or any prospective assignee or participant of a Lender, in order to comply with any applicable AML Legislation,
whether now or hereafter in existence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) If the Administrative Agent has ascertained the
identity of any Loan Party or any authorized signatories of any Loan Party for the purposes of applicable AML Legislation, then the Administrative
Agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">shall be deemed to have done so as an agent for each
Lender, and this Agreement shall constitute a &#8220;written agreement&#8221; in such regard between the Administrative Agent and each
other Lender within the meaning of the applicable AML Legislation; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">shall provide to each Lender copies of all information
obtained in such regard without any representation or warranty as to its accuracy or completeness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) Notwithstanding the preceding sentence and except
as may otherwise be agreed in writing, each of the Lenders agrees that the Administrative Agent has no obligation to ascertain the identity
of any Loan Party or any authorized signatories of any Loan Party on behalf of any Credit Party, or to confirm the completeness or accuracy
of any information it obtains from any Loan Party or any such authorized signatory in doing so.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(q) <U>Continuing Obligations.</U> On
the Restatement Effective Date, this Agreement shall amend and restate the Existing Credit Agreement in its entirety but, for the avoidance
of doubt, shall not constitute a novation of the parties&#8217; rights and obligations thereunder. On the Restatement Effective Date,
the rights and obligations of the parties hereto evidenced by the Existing Credit Agreement shall be evidenced by this Agreement and the
other Loan Documents, the &#8220;Loans&#8221; as defined in the Existing Credit Agreement shall remain outstanding and be continued as,
and converted to, Loans as defined herein and the existing Letters of Credit issued by the Issuing Banks (as defined in the Existing Credit
Agreement) for the account of the Company prior to the Restatement Effective Date shall remain issued and outstanding and shall be deemed
to be Letters of Credit under this Agreement, and shall bear interest and be subject to such other fees as set forth in this Agreement.
All interest and fees and expenses, if any, owing or accruing under or in respect of the Existing Credit Agreement through the Restatement
Effective Date (including any amounts owed pursuant to Section&nbsp;2.15 thereof) shall be calculated as of the Restatement Effective
Date (pro-rated in the case of any fractional periods), and shall be paid on the Restatement Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(r) <U>Judgment Currency.</U> (A) &nbsp;&nbsp;If,
for the purpose of obtaining judgment in any court, it is necessary to convert a sum owing hereunder in US Dollars into another currency,
each party hereto agrees, to the fullest extent that it may effectively do so, that the rate of exchange used shall be that at which in
accordance with normal banking procedures in the relevant jurisdiction US Dollars could be purchased with such other currency on the Business
Day immediately preceding the day on which final judgment is given.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) The obligations of each party hereto in respect
of any sum due to any other party hereto or any holder of the obligations owing hereunder (the &#8220;<U>Applicable Creditor</U>&#8221;)
shall, notwithstanding any judgment in a currency (the &#8220;<U>Judgment Currency</U>&#8221;) other than US Dollars, be discharged only
to the extent that, on the Business Day following receipt by the Applicable Creditor of any sum adjudged to be so due in the Judgment
Currency, the Applicable Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase US Dollars with
the Judgment Currency; if the amount of US Dollars so purchased is less than the sum originally due to the Applicable Creditor in US Dollars,
such party agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Applicable Creditor against such deficiency.
The obligations of the parties contained in this Section shall survive the termination of this Agreement and the payment of all other
amounts owing hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">(s) <U>Intercreditor
Agreement.</U> (A) Each of the Lenders, the Issuing Banks and the other Secured Parties acknowledges that obligations of the Company and
the other Loan Parties under the Permitted Non-ABL Indebtedness, upon incurrence thereof, may be secured by Liens on assets of the Company
and the Subsidiary Loan Parties that constitute Collateral (and by fee-owned real property of the Company and the Subsidiary Loan Parties,
whether or not such fee-owned real property constitutes Collateral), and that the relative Lien priority and other creditor rights of
the Secured Parties and the secured parties in respect of Permitted Non-ABL Indebtedness will be set forth in an Intercreditor Agreement.
Each of the Lenders, the Issuing Banks and the other Secured Parties hereby irrevocably authorizes and directs the Collateral Agent to
execute and deliver, in each case on behalf of such Secured Party and without any further consent, authorization or other action by such
Secured Party, (i) from time to time upon the request of the Company, in connection with the establishment, incurrence, amendment, refinancing
or replacement of any Permitted Non-ABL Indebtedness, any Intercreditor Agreement (it being understood and agreed that the Collateral
Agent is hereby authorized and directed to determine the terms and conditions of each Intercreditor Agreement as contemplated by the definition
of the term &#8220;Intercreditor Agreement&#8221;, and that notwithstanding anything herein to the contrary, the Collateral Agent shall
not be liable for, or be responsible for any loss, cost or expense suffered by any Lender, any Issuing Bank or any other Secured Party,
or by any Loan Party, as a result of, any such determination) and (ii) any documents relating thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B) Each of the Lenders, the
Issuing Banks and the other Secured Parties hereby irrevocably (i) consents to the subordination of the Liens on the Non-ABL Priority</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Collateral securing the Obligations on the terms
set forth in each Intercreditor Agreement, (ii) agrees that, upon the execution and delivery thereof, such Secured Party will be bound
by the provisions of each Intercreditor Agreement as if it were a signatory thereto and will take no actions contrary to the provisions
thereof, (iii) agrees that no Secured Party shall have any right of action whatsoever against the Collateral Agent as a result of any
action taken by the Collateral Agent pursuant to this Section or in accordance with the terms of any Intercreditor Agreement and (iv)&nbsp;authorizes
and directs the Collateral Agent to carry out the provisions and intent of each such document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C) Each of the Lenders, the
Issuing Banks and the other Secured Parties hereby irrevocably further authorizes and directs the Collateral Agent to execute and deliver,
in each case on behalf of such Secured Party and without any further consent, authorization or other action by such Secured Party, any
amendments, supplements or other modifications of each Intercreditor Agreement that the Company may from time to time request (i) to give
effect to any establishment, incurrence, amendment, extension, renewal, refinancing or replacement of any Permitted Non-ABL Indebtedness,
(ii) to confirm for any party that each Intercreditor Agreement is effective and binding upon the Collateral Agent on behalf of the Secured
Parties or (iii) to effect any other amendment, supplement or modification so long as the resulting agreement has terms and conditions
consistent with the then existing market practice (it being understood and agreed that the Collateral Agent is hereby authorized and directed
to determine the terms and conditions of any such amendments, supplements or modifications to each Intercreditor Agreement, and that notwithstanding
anything herein to the contrary, the Collateral Agent shall not be liable for, or be responsible for any loss, cost or expense suffered
by any Lender, any Issuing Bank or any other Secured Party, or by any Loan Party, as a result of, any such determination).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D) Each of the Lenders, the
Issuing Banks and the other Secured Parties hereby irrevocably further authorizes and directs the Collateral Agent to execute and deliver,
in each case on behalf of such Secured Party and without any further consent, authorization or other action by such Secured Party, any
amendments, supplements or other modifications of any Collateral Document to add or remove any legend that may be required pursuant to
any Intercreditor Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E) Each of the Lenders, the
Issuing Banks and the other Secured Parties acknowledges and agrees that JPMorgan Chase Bank, N.A., or one or more of its Affiliates may
(but is not obligated to) act as Collateral Agent, collateral agent or a similar representative for the holders of any Permitted Non-ABL
Indebtedness (and may itself be a holder of any Permitted Non-ABL Indebtedness) and, in any such capacity, may be a party to any Intercreditor
Agreement. Each of the Lenders, the Issuing Banks and the other Secured Parties waives any conflict of interest in connection therewith
and agrees not to assert against JPMorgan Chase Bank, N.A. or any of its Affiliates any claims, causes of action, damages or liabilities
of whatever kind or nature relating thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F) The Collateral Agent shall
have the benefit of the provisions of Article VII and Section&nbsp;8.03 with respect to all actions taken by it pursuant to this Section
or in accordance with the terms of any Intercreditor Agreement to the full extent thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(G) Each Secured Party, whether
or not a party hereto, will be deemed, by its acceptance of the benefits of the Collateral and of the Guarantees of the Obligations provided
under the Loan Documents, to have agreed to the provisions of this Section 8.19.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(t) <U>Acknowledgement and Consent to
Bail-In of Affected Financial Institutions.</U> Notwithstanding anything to the contrary in any Loan Document or in any other agreement,
arrangement or understanding among the parties hereto, each party hereto acknowledges that any liability of any 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:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(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
party hereto that is an Affected Financial Institution; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B) the effects of any Bail-In
Action on any such liability, including, if applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">a reduction in full or in part or cancellation of
any such liability;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">a conversion of all, or a portion of, such liability
into shares or other instruments of ownership in an 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; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(u) <U>Acknowledgement Regarding Any Supported
QFCs.</U> (A) &nbsp;&nbsp;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, &#8220;<U>QFC Credit Support</U>&#8221; and each such QFC, a &#8220;<U>Supported
QFC</U>&#8221;), 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 &#8220;<U>U.S. Special Resolution Regimes</U>&#8221;) in respect of such Supported QFC and QFC
Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated
to be governed by the laws of the State of New York and/or of the United States or any other state of the United States).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) In the event a Covered Entity that is party to
a Supported QFC (each, a &#8220;<U>Covered Party</U>&#8221;) becomes subject to a proceeding under a U.S. Special Resolution Regime, the
transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported
QFC and such QFC Credit</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(v) <U>MIRE Events.</U> Each of the parties
hereto acknowledges and agrees that, if there are any Mortgaged Properties, any increase, extension or renewal of any of the Commitments
or Loans (including the provision of Incremental Revolving Loans) or any other incremental or additional credit facilities hereunder,
but excluding (a) any continuation or conversion of borrowings, (b) the making of any Revolving Loans or (c) the issuance, renewal or
extension of Letters of Credit shall be subject to and conditioned upon: (i) the prior delivery of all flood hazard determination certifications,
acknowledgements and evidence of flood insurance and other flood-related documentation with respect to such Mortgaged Properties as required
by the Flood Insurance Laws and as otherwise reasonably required by the Administrative Agent and (ii) the Administrative Agent shall have
received written confirmation from the Lenders that flood insurance due diligence and flood insurance compliance have been completed by
the Lenders (such written confirmation not to be unreasonably conditioned, withheld or delayed).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in"><U>Release.</U> (A) &nbsp;&nbsp;Notwithstanding
anything in <U>Section&nbsp;8.02(b)</U> to the contrary, any Subsidiary Loan Party shall automatically be released from its obligations
hereunder (and its Guarantee of the Obligations and any Liens on its property constituting Collateral shall be automatically released)
(x) upon the consummation of any permitted transaction or series of related transactions or the occurrence of any other permitted event
or circumstance if as a result thereof such Subsidiary Loan Party ceases to be a wholly-owned Material Subsidiary or becomes an Excluded
Subsidiary (including by merger or dissolution) as a result of a single transaction or series of related transactions or other event or
circumstance permitted hereunder, or (y) upon the termination of the Commitments, payment in full of the Obligations (other than contingent
indemnification and expense reimbursement obligations for which no claim or demand has been made), and expiration, termination or cash
collateralization of all Letters of Credit and/or any Subsidiary Loan Party that qualifies as an &#8220;Excluded Subsidiary&#8221; shall
be released from its obligations hereunder (and its</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">Guarantee of the Obligations and any Liens on its property
constituting Collateral shall be automatically released) by the Administrative Agent promptly following the request therefor by the Company;
<U>provided</U> that, in each case of clauses (i)(x) and (ii), (A)&nbsp;if any Material Subsidiary becomes an Excluded Subsidiary solely
as a result of becoming a non-wholly-owned Consolidated Subsidiary, such release shall only be permitted if the transaction or event resulting
in such Material Subsidiary becoming a non-wholly-owned Consolidated Subsidiary is with an unaffiliated third party (other than a bona
fide joint venture) for a bona fide business purpose and was not entered into with the primary purpose of evading the Collateral and Guarantee
Requirement (as determined by the Company in good faith) and (B) after giving pro forma effect thereto, such release does not result in
the Aggregate Credit Exposure exceeding the lesser of (1) the sum of (II) the Borrowing Base then in effect and (II) the Protective Advance
Exposures and (2) the Aggregate Commitments then in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(B) Notwithstanding anything in Section 8.02(b) to
the contrary, any Lien on any asset or property granted to or held by the Administrative Agent under any Loan Document shall be automatically
released without the need for further action by any Person upon the termination of the Commitments, payment in full of the Obligations
(other than contingent indemnification and expense reimbursement obligations for which no claim or demand has been made), and expiration,
termination or cash collateralization of all Letters of Credit, upon the sale or other transfer of such asset or property as part of or
in connection with any disposition or Investment permitted under the Loan Documents to a Person that is not a Loan Party, upon such asset
or property becoming an Excluded Property (as defined in the Collateral Agreements) or if such asset or property does not constitute (or
ceases to constitute) Collateral, if the property subject to such Lien is owned by a Subsidiary Loan Party, upon the release of such Subsidiary
Loan Party from its Guarantee of the Obligations otherwise in accordance with the Loan Documents, as provided for under Article VII or
as provided for in any other Loan Document or if approved, authorized or ratified in writing by the Required Lenders (or such other number
or percentage of Lenders as shall be necessary under the relevant circumstances as provided in Section 8.02A) in accordance with Section
8.02A; <U>provided</U> that, in each case of clauses (ii), (iii), (iv) and (v), after giving pro forma effect thereto, such release does
not result in the Aggregate Credit Exposure exceeding the lesser of (A) the sum of (1) the Borrowing Base then in effect and (2) the Protective
Advance Exposures and (B) the Aggregate Commitments then in effect. Without limiting the foregoing, in the event that Receivables Facility
Assets become subject to a Specified Receivables Facility, whether by transfer or conveyance or by placing a security interest, trust
or other encumbrance required by a Specified Receivables Facility with respect to such Receivables Facility Assets, the Liens under the
Loan Documents on such Receivables Facility Assets (including proceeds thereof and any deposit accounts holding exclusively such proceeds)
shall be automatically released (or such Receivables Facility Assets, proceeds or deposit accounts re-assigned). Each Secured Party hereby
consents to any release or re-assignment contemplated by this Section 8.23 and any steps any Agent may take or request to give effect
to such release or re-assignment under the governing law of such Lien.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(C) In connection with any such release described
in this Section, the Administrative Agent shall promptly execute and deliver to the relevant Loan Party, at such Loan Party&#8217;s expense,
all documents that such Loan Party shall reasonably request to evidence termination or release. Any execution and delivery of any document
pursuant to the preceding sentence of this <B><U>&#8206;</U></B><U>Section 8.23</U> shall be without recourse to or warranty by the Administrative
Agent (other than as to the Administrative Agent&#8217;s authority to execute and deliver such documents).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">(w) <U>No Advisory or Fiduciary Responsibility.</U>
In connection with all aspects of the transactions contemplated hereby (including in connection with any amendment, waiver or other modification
hereof or of any other Loan Document), each Loan Party acknowledges and agrees, and acknowledges its subsidiaries&#8217; understanding,
that: (a) (i) the arranging and other services regarding this Agreement provided by the Administrative Agent, the Joint Lead Arrangers
and the Lenders (which term shall for the purposes of this Section include the Issuing Banks) are arm&#8217;s-length commercial transactions
between such Loan Party and its Affiliates, on the one hand, and the Administrative Agent, the Joint Lead Arrangers and the Lenders, on
the other hand, (ii) such Loan Party has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed
appropriate, and (iii) such Loan Party is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions
contemplated hereby and by the other Loan Documents; (b) (i) each of the Administrative Agent, the Joint Lead Arrangers and the Lenders
is and has been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has not been, is not,
and will not be acting as an advisor, agent or fiduciary for any Loan Party or any of its subsidiaries, or any other Person and (ii) none
of the Administrative Agent, any Joint Lead Arranger or any Lender has any obligation to any Loan Party or any of its Affiliates with
respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents; and
(c) the Administrative Agent, the Joint Lead Arrangers and the Lenders and their respective Affiliates may be engaged in a broad range
of transactions that involve interests that differ from those of such Loan Party and its Affiliates, and neither the Administrative Agent,
any Joint Lead Arrangers nor any Lender has any obligation to disclose any of such interests to such Loan Party or its Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 40.5pt; text-indent: 1in">&nbsp;</P>


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<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 1.01(a)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Letters of Credit</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: #BFBFBF">
    <TD STYLE="width: 22%; border: #7F7F7F 1pt solid; font-size: 10pt; text-align: center"><B>Issuing Bank</B></TD>
    <TD STYLE="width: 15%; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center"><B>LC Sublimit</B></TD>
    <TD STYLE="width: 51%; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center"><B>Outstanding Letters of Credit</B></TD>
    <TD STYLE="width: 12%; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center"><B>Remaining Sublimit</B></TD></TR>
  <TR>
    <TD STYLE="border-right: #7F7F7F 1pt solid; border-left: #7F7F7F 1pt solid; font-size: 10pt">JPMorgan Chase Bank, N.A.</TD>
    <TD STYLE="border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$11,000,000</TD>
    <TD STYLE="border-right: #7F7F7F 1pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.3pt; text-indent: -17.3pt">1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT>$1,500,000 letter of credit on behalf of Limited Brands Inc. to Ohio Bureau of Worker&#8217;s Comp. (NUSCGS032405).</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.3pt; text-indent: -17.3pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.3pt; text-indent: -17.3pt">2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT>$2,050,000 letter of credit on behalf of Limited Brands Inc. to XL Specialty Insurance Company / Greenwich Insurance Company (TFTS-909939).</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.3pt; text-indent: -17.3pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.3pt; text-indent: -17.3pt">3.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT>$2,500,000 letter of credit on behalf of Limited Brands Inc. to Director, Division of Self-Insurance (TX) (TPTS-784153).</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.3pt; text-indent: -17.3pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.3pt; text-indent: -17.3pt">4.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT>$2,500,000 letter of credit on behalf of The Limited Inc. to Director, Division of Self-Insurance (TX) (CPCS-629053).</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.3pt; text-indent: -17.3pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.3pt; text-indent: -17.3pt">5.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>$1,962,949 letter of credit on behalf of Limited Brands Inc. to State of California (NUSCGS033458).</P></TD>
    <TD STYLE="border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$487,051</TD></TR>
  <TR>
    <TD STYLE="border: #7F7F7F 1pt solid; font-size: 10pt">Bank of America, N.A.</TD>
    <TD STYLE="border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD>
    <TD STYLE="border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">-</TD>
    <TD STYLE="vertical-align: top; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD></TR>
  <TR>
    <TD STYLE="border-right: #7F7F7F 1pt solid; border-left: #7F7F7F 1pt solid; font-size: 10pt">Barclays Bank PLC</TD>
    <TD STYLE="vertical-align: top; border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD>
    <TD STYLE="border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">-</TD>
    <TD STYLE="vertical-align: top; border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD></TR>
  <TR>
    <TD STYLE="border: #7F7F7F 1pt solid; font-size: 10pt">Citibank, N.A.</TD>
    <TD STYLE="vertical-align: top; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD>
    <TD STYLE="border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">-</TD>
    <TD STYLE="vertical-align: top; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD></TR>
  <TR>
    <TD STYLE="border-right: #7F7F7F 1pt solid; border-left: #7F7F7F 1pt solid; font-size: 10pt">Goldman Sachs Bank USA</TD>
    <TD STYLE="vertical-align: top; border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD>
    <TD STYLE="border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">-</TD>
    <TD STYLE="vertical-align: top; border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD></TR>
  <TR>
    <TD STYLE="border: #7F7F7F 1pt solid; font-size: 10pt">HSBC Bank USA, N.A.</TD>
    <TD STYLE="vertical-align: top; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD>
    <TD STYLE="border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">-</TD>
    <TD STYLE="vertical-align: top; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD></TR>
  <TR>
    <TD STYLE="border-right: #7F7F7F 1pt solid; border-left: #7F7F7F 1pt solid; font-size: 10pt">The Huntington National Bank</TD>
    <TD STYLE="vertical-align: top; border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD>
    <TD STYLE="border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">-</TD>
    <TD STYLE="vertical-align: top; border-right: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD></TR>
  <TR>
    <TD STYLE="border: #7F7F7F 1pt solid; font-size: 10pt">Mizuho Bank, Ltd.</TD>
    <TD STYLE="vertical-align: top; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD>
    <TD STYLE="border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">-</TD>
    <TD STYLE="vertical-align: top; border-top: #7F7F7F 1pt solid; border-right: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-size: 10pt; text-align: center">$9,142,857</TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 2.01</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Commitments</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[On file with the Administrative Agent]</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 176 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 3.04</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Unrestricted Subsidiaries</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>MORSO Holding Co. and all of its subsidiaries</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 3.05</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Disclosed Matters</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">&nbsp;</P>


<!-- Field: Page; Sequence: 178 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 3.07</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Consolidated Domestic and Canadian Subsidiaries</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #A6A6A6">
    <TD STYLE="width: 53%; border: Black 1pt solid; text-align: center"><B>Subsidiary Name</B></TD>
    <TD STYLE="width: 17%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><B>Jurisdiction of Organization</B></TD>
    <TD STYLE="width: 30%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><B>Material Subsidiary as of the Restatement Effective Date (Yes/No)</B></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Bath &amp; Body Works (Canada) Corp.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Nova Scotia</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Yes</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Bath &amp; Body Works Brand Management, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Yes</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Bath &amp; Body Works Direct, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Yes</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Bath &amp; Body Works GC, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Ohio</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Bath &amp; Body Works, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Yes</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">beautyAvenues, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Yes</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Bendelco, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Distribution Land Company, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Henri Bendel, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Henri Bendel GC LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Ohio</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">I.B.I. Holdings, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Nevada</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Intermark Development Group, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">L Brands (Overseas), Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">L Brands New York, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">L Brands Service Company, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Yes</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Bath &amp; Body Works, Inc. (f/k/a L Brands, Inc.)</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">La Senza, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">La Senza GC, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Ohio</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">La Senza Stores, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Direct Factoring, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Nevada</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">LBPMUS, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Limco, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">LMEX Holdings, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">PCAB Corp.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Canada Holding, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Canada Brands Holdings L.P.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Alberta</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Oldco, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Retail Brands Assets, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Retail Brands Factoring Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Nevada</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Retail Brands Service Corporation II</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Retail Brands Specialties, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Retail Store Operations, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Slatkin &amp; Co., Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">New York</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Tri State Factoring, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Nevada</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">3329030 Nova Scotia Company</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Nova Scotia</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">REYNO Holding Co.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Bigelow Merchandising, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 3.07</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="white-space: nowrap; width: 53%; border-left: Black 1pt solid; border-right: Black 1pt solid">Beauty Specialty Holding, LLC</TD>
    <TD STYLE="white-space: nowrap; width: 17%; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; width: 30%; border-right: Black 1pt solid; text-align: center">Yes</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">L Brands Direct Media Production, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Directional Visions, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Hayes Productions, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Stone Street Enterprises, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Baden-Baden Properties, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Boston Enterprises, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Day Star Strategies, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Lord Murphy Properties, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">MA Holdings, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Nevada</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Bath &amp; Body Works Logistics Services, LLC</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">New Vision (U.S.), Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Delaware</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">Niacorp Commercial, Inc.</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">Nevada</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; text-align: center">No</TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 3.12</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Credit Card Agreements</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>Agreement for American Express Card Acceptance dated as of May 18, 2021 between the Company and American Express Travel Related Services
Company, Inc.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>Agreement for American Express Card Acceptance dated as of July 2, 2021 between the Company and Amex Bank of Canada</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">3.</TD><TD>Master Services Agreement dated as of July 2, 2021 between the Company, First Data Services, LLC and Bank of America, N.A.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">4.</TD><TD>Merchant Services Agreement dated as of May 1, 2006 between the Company and Discover Financial Services LLC</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">5.</TD><TD>National Merchant Agreement dated July 1, 2021 between Bath &amp; Body Works (Canada) Corp. and Moneris Solutions Corporation.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 5.08</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Existing Liens</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>None.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 5.10</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Existing Indebtedness</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>6.694% Senior Notes Due 2027 issued pursuant to the Senior Notes Indenture, dated as of June 18, 2018, among L Brands, Inc. the guarantors
party thereto and U.S. Bank National Association and Supplemental Indenture No. 1 to the 2018 Indenture, dated as of June 29, 2018, among
L Brands, Inc. and U.S. Bank National Association</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>5.250% Senior Notes Due 2028 issued pursuant to the Indenture dated as of June 16, 2016, between L Brands, Inc. and U.S. Bank National
Association and the Second Supplemental Indenture to the 2016 Indenture, dated as of January 23, 2018, among L Brands, Inc., the guarantors
party thereto and U.S. Bank National Association</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">3.</TD><TD>6.950% Debentures Due 2033 issued pursuant to the Indenture dated as of February 19, 2003, between Limited Brands, Inc. and The Bank
of New York</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">4.</TD><TD>6.875% Senior Notes Due 2035 issued pursuant to the Senior Notes Indenture dated as of October 30, 2015, among L Brands, Inc., the
guarantors party thereto and The Bank of New York Mellon Trust Company, N.A.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">5.</TD><TD>6.750% Senior Notes Due 2036 issued pursuant to the Indenture dated as of June 16, 2016, between L Brands, Inc. and U.S. Bank National
Association and the First Supplemental Indenture to the 2016 Indenture dated as of June 16, 2016, among Limited Brands, Inc., the guarantors
party thereto, and The Bank of New York Mellon Trust Company, N.A.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">6.</TD><TD>7.600% Senior Notes Due 2037 issued pursuant to the Indenture dated as of March 15, 1988 between The Limited, Inc. and The Bank of
New York and the Second Supplemental Indenture to the 1988 Indenture, dated as of July 17, 2007, between Limited Brands, Inc. and The
Bank of New York Trust Company, N.A.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">7.</TD><TD>7.500% Senior Notes Due 2029 issued pursuant to the Indenture dated as of June 16, 2016, between L Brands, Inc. and U.S. Bank National
Association and the Third Supplemental Indenture to the 2016 Indenture, dated as of June 20, 2019, among L Brands, Inc., the guarantors
party thereto, and U.S. Bank National Association</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">8.</TD><TD>Logistics Services Agreement, dated as of November 29, 2017, by and between Bath and Body Works Direct, Inc. and Geodis Logistics
LLC, as amended from time to time</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">9.</TD><TD>Logistics Services Agreement, dated as of June 30, 2016, by and between Bath and Body Works Direct, Inc. and Ozburn-Hessey Logistics,
LLC, as amended from time to time</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">12.</TD><TD>6.625% Senior Notes Due 2030 issued pursuant to the Indenture dated as of September 20, 2020 between L Brands, Inc., the guarantors
named therein and U.S. National Bank Association, as Trustee with US Bank</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">13.</TD><TD>Logistics Services Agreement, dated as of December 6, 2019, between Bath and Body Works Direct, Inc. and Geodis Logistics LLC</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9;SCHEDULE 5.10</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">14.</TD><TD>Logistics Services Agreement, dated as of June 30, 2016, between
Bath and Body Works Direct, Inc. and Ozburn-Hessey Logistics, LLC</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in; background-color: white; color: #242424">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">15.</TD><TD>Logistics Services Agreement, dated as of November 29, 2017,
between Bath and Body Works Direct, Inc. and Geodis Logistics, LLC</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in; background-color: white; color: #242424">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SCHEDULE 5.19</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Restrictive Agreements</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>Indenture dated as of March 15, 1988 between the Company and The Bank of New York, as Trustee (the &#8220;<U>1988 Indenture</U>&#8221;)</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>First Supplemental Indenture to the 1988 Indenture dated as of May 31, 2005 among the Company, The Bank of New York, as Resigning
Trustee, and The Bank of New York Mellon Trust Company, N.A., as Successor Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">3.</TD><TD>Second Supplemental Indenture to the 1988 Indenture dated as of July 17, 2007 between the Company and The Bank of New York Mellon
Trust Company, N.A., as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">4.</TD><TD>Indenture dated as of February 19, 2003 between the Company and The Bank of New York Mellon Trust Company, N.A., as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">5.</TD><TD>Seventh Supplemental Indenture to the 1988 Indenture dated as of March 22, 2013 between the Company, the guarantors named therein
and The Bank of New York Mellon Trust Company, N.A., as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">6.</TD><TD>Indenture dated as of October 30, 2015 among the Company, the guarantors named therein and The Bank of New York Mellon Trust Company,
N.A., as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">7.</TD><TD>Indenture dated as of June 16, 2016 among the Company and U.S. Bank National Association, as Trustee (the&nbsp;&#8220;<U>2016 Indenture</U>&#8221;)</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">8.</TD><TD>First Supplemental Indenture to the 2016 Indenture dated as of June 16, 2016 among the Company, the guarantors named therein and U.S.
Bank National Association, as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">9.</TD><TD>Second Supplemental Indenture to the 2016 Indenture dated as of January 23, 2018 among the Company, the guarantors named therein and
U.S. Bank National Association, as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">10.</TD><TD>Indenture dated as of June 18, 2018 among the Company, the guarantors named therein and U.S. Bank National Association, as Trustee
(the &#8220;<U>2018 Indenture</U>&#8221;)</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">11.</TD><TD>First Supplemental Indenture to the 2018 Indenture dated as of June 29, 2018 among the Company, the guarantors named therein and U.S.
Bank National Association, as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">12.</TD><TD>Third Supplemental Indenture to the 2016 Indenture dated as of June 20, 2019 among the Company, the guarantors named therein and U.S.
Bank National Association, as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SCHEDULE 5.19</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">13.</TD><TD>Fourth Supplemental Indenture to the 2016 Indenture dated as of June 30, 2019 among the Company, the guarantors named therein and
U.S. Bank National Association, as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">14.</TD><TD>Indenture dated as of September 30, 2020 among L Brands, Inc., the guarantors named therein and U.S. National Bank Association, as
Trustee with US Bank</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">15.</TD><TD>First Supplemental Indenture dated as of August 2, 2021 among the Company, the guarantors named therein and U.S. Bank National Association,
as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">16.</TD><TD>Second Supplemental Indenture dated as of November 17, 2021 among the Company, the guarantors named therein and U.S. Bank National
Association, as Trustee</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt 0 0pt 5.4pt; text-indent: 376pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Page
1 of 2</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 5.4pt; text-indent: 376pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>Bath &amp; Body Works,
Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>Borrowing Base Certificate
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>For the Period Ended:&nbsp;&nbsp;DATE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>($ in 000's) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="width: 63%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;A.&nbsp;&nbsp;Available Accounts Receivable (from page 2 of 2) </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;B.&nbsp;&nbsp;Available Credit Card Receivable (from page 2 of 2) </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;C.&nbsp;&nbsp;Available Inventory-FG (from page 2 of 2) </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;D.&nbsp;&nbsp;Available Inventory-RM Components (from page 2 of 2) </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;E.&nbsp;&nbsp;Availabile Real Estate (from page 2 of 2) </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;F.&nbsp;&nbsp;Reserves (from page 2 of 2) </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;G.&nbsp;&nbsp;Borrowing Base (lines A + B + C + D +E - F) </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;H.&nbsp;&nbsp;Lower of: </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;&nbsp; (a) Borrowing Base (line G) </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;&nbsp; (b)&nbsp;&nbsp;Commitment </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750,000</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="background-color: white; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;I.&nbsp;&nbsp;Aggregate Loans Outstanding </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;J.&nbsp;&nbsp;Aggregate amount of Letters of Credit Outstanding </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;K.&nbsp;&nbsp;Aggregate Outstanding Credit (lines I + J) </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;L.&nbsp;&nbsp;Available Commitments / (overadvance) (line H - line K) </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&#9; <B>Officer's Certification &#9;&#9;</B>&#9;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">Reference is made to (i) the Amendment dated May
[], 2025 (the &ldquo;Amendment&rdquo;), among Bath &amp; Body Works, Inc., a Delaware corporation (the &ldquo;Company&rdquo;), the other
Loan Parties, the lenders party thereto and JPMorgan Chase Bank, N.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(&ldquo;JPMCB&rdquo;), as administrative agent and collateral agent,
and (ii) the Amended and Restated Revolving Credit Agreement dated as May [], 2025 (the &ldquo;Credit Agreement&rdquo;), among the Company,
the subsidiaries of the Company party thereto, the lenders party thereto and JPMCB, as administrative agent and collateral agent. Each
capitalized term used but not defined herein shall have the meaning assigned to such term in the Amendment or in the Credit Agreement,
as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to Section 5.01(a) of the Credit Agreement, as applicable,
the undersigned Financial Officer of the Company hereby certifies as follows that the information provided herein is accurate and complete
as of the date hereof and has been prepared in a manner consistent in all material respects with the provisions of the Credit Agreement
with respect to the Borrowing Base. The undersigned acknowledges and agrees that in the event of any conflict between this Borrowing Base
Certificate and related provisions of the Credit Agreement, the terms of the Credit Agreement shall control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.4pt">IN WITNESS WHEREOF, the undersigned has executed this Borrowing
Base Certificate as of the date first written below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.4pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; width: 10%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 40%; border-bottom: Black 1pt solid; font-size: 12pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 32%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 18%; border-bottom: Black 1pt solid; font-size: 12pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 12pt"><FONT STYLE="font-size: 10pt"><B>&nbsp;Signature &amp; Title </B></FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 12pt"><FONT STYLE="font-size: 10pt"><B>&nbsp;Date 5/21/25</B></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bath &amp; Body Works - Borrowing Base&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-size: 10pt"><B>Page 2 of 2</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; width: 17%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;For Period End: </FONT></TD>
    <TD STYLE="white-space: nowrap; width: 6%; border-bottom: Black 1pt solid; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DATE</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 12%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 12%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 10%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 8%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;In US$ &amp; (000's) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Bath &amp; Body</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Bath &amp; Body</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Bath &amp; Body</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Bath &amp; Body</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Bath &amp; Body</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Bath &amp; Body</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Works</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Works</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Works</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Works</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Works</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Works</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Bath &amp; Body</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Stores</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Direct</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Canada</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Canada Direct</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>International</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Supply Chain</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Works</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Accounts Receivable - Gross </B></FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>$</U></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Accounts Receivable Ineligibles: </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Foreign (PCAB Switz.) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Past Due </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Extended Terms Reserve </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Cross-Age </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Credits in Prior </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Defered Revenue </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Short Payments </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Markdowns </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Rebates </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Uncollectible accounts </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Contra </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;ADS Contra&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Other ineligible </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Pending Trade AR Credits </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Foreign Withholding Tax </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Interest Invoices </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Third Party Gift Card Marketing Fees </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Trade Insurance </FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;LC Excess </FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Foreign Country Reserve </FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Concentration </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Dilution </FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Total Ineligible </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Total Eligible Accounts Receivable </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Advance Rate&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>85%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>85%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>85%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>85%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>85%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>85%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Available Accounts Receivable </FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Credit Card Receivables - Net </B></FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Past due &gt;5 days </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Eligible Credit Card Receivables </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Advance Rate </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>95%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>95%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>95%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>95%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>95%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>95%</U></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Available Credit Card Receivables </FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-right: Black 1pt solid; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Inventory - Gross FG </B></FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Add: Intransit Inventory </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Adjusted Inventory </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Inventory Ineligibles </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Foreign Locations </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Closed Store Inventory </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;MOS Inventory </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Non-trade merchandise </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;International Returns </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Dump </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;RTV </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Not available for Sale </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Pending Returns </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Junk/Damages </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;VAS Inventory </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Gifts with purchase </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Aged in-transit &gt; 10 days </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Ineligible Ecommerce </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Known Damages </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Third Party Vendors </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;PPV </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Sales Not Yet Relieved </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Blocked Inventory </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Shrink (Stores) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Shrink (DC) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Total Ineligibles </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Total Eligible Inventory </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Advance Rate* </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Available Inventory - FG </FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-right: Black 1pt solid; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" ROWSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;*90% x NOLV % unless the &quot;Seasonal Inventory Advance Period&quot; is in effect; then 92.5% x NOLV % </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Inventory - Gross RM Components </B></FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Inventory Ineligibles </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Foreign Locations </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Junk/Damages </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Blocked Inventory </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap; text-indent: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Third Party Vendors </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Other ineligible </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Total Ineligibles </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Eligible Components </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Advance Rate (50% x NOLV %) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #FDE9D9; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Available Inventory - RM/Components </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: underline double">$</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Total Available Collateral </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>$</U></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Reserves: </B></FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Rent Reserve (2 Months) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Priority Payables - Canada ($2M per employee) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Canadian Taxes Payable </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Gift Card Liability </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Direct Returns Reserve </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Loyalty Rewards </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  </TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; width: 17%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Accrued Royalties </FONT></TD>
    <TD STYLE="white-space: nowrap; width: 6%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 12%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 12%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 10%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 8%; border-left: Black 1pt solid; border-right: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;FTZ; amounts due to US customs </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Canada Sales Tax </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Past Due Demandware Fees </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Past Due Data Storage Fees </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Total Reserves </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Borrowing Base </B></FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Outstandings: </B></FONT></TD>
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  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Revolving Line of Credit </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
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    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: Black 1pt solid; background-color: #FDE9D9; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
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    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Total Outstandings </FONT></TD>
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    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
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  <TR STYLE="vertical-align: bottom">
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  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Excess Collateral/(Overadvance) </B></FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
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<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
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<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>4
<FILENAME>bbwi-20250522_lab.xml
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.25.1</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>May 22, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">May 22,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-8344<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Bath & Body Works, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000701985<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">31-1029810<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">Three Limited Parkway<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Columbus<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">OH<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">43230<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">614<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">415-7000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, $0.50 Par Value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BBWI<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td>dei:centralIndexKeyItemType</td>
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<td>na</td>
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<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
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<td>xbrli:booleanItemType</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td>na</td>
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<td>duration</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>dei:edgarStateCountryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td>xbrli:normalizedStringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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}
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