<SEC-DOCUMENT>0001140361-24-011447.txt : 20240305
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<ACCEPTANCE-DATETIME>20240305165646
ACCESSION NUMBER:		0001140361-24-011447
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		26
CONFORMED PERIOD OF REPORT:	20240304
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
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20240305
DATE AS OF CHANGE:		20240305

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VIAVI SOLUTIONS INC.
		CENTRAL INDEX KEY:			0000912093
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				942579683
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0629

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22874
		FILM NUMBER:		24721822

	BUSINESS ADDRESS:	
		STREET 1:		1445 SOUTH SPECTRUM BLVD.
		STREET 2:		SUITE 102
		CITY:			CHANDLER
		STATE:			AZ
		ZIP:			85286
		BUSINESS PHONE:		4084043600

	MAIL ADDRESS:	
		STREET 1:		1445 SOUTH SPECTRUM BLVD.
		STREET 2:		SUITE 102
		CITY:			CHANDLER
		STATE:			AZ
		ZIP:			85286

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	JDS UNIPHASE CORP /CA/
		DATE OF NAME CHANGE:	19990713
</SEC-HEADER>
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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">Washington, D.C.
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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Securities registered pursuant to Section 12(b) of the Act:</div>

    <div><br/>
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    <td style="width: 2%; vertical-align: middle;">&#160;</td>

    <td style="width: 40%; vertical-align: bottom;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="-sec-ix-hidden:Fact_0c6bd2e096154f069b12dfe1e4561634">The Nasdaq Stock Market LLC</span><br/>
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    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">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:</div>

    <div><br/>
    </div>

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    <td style="text-align: left; vertical-align: top; width: auto;">
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    <div><br/>
    </div>

    <div>
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    <td style="text-align: left; vertical-align: top; width: auto;">
              <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
            </td>

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    </div>

    <div><br/>
    </div>

    <div>
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    <td style="text-align: left; vertical-align: top; width: 18pt;">
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    <td style="text-align: left; vertical-align: top; width: auto;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
            </td>

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    </div>

    <div><br/>
    </div>

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    <td style="text-align: left; vertical-align: top; width: 18pt;">
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    <td style="text-align: left; vertical-align: top; width: auto;">
              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
            </td>

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    <div><br/>
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    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (17 CFR
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    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Emerging growth company. <ix:nonNumeric name="dei:EntityEmergingGrowthCompany" id="Fact_4f764e2d041d4a788d3456ac64a684ac" contextRef="c20240304to20240304" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></div>

    <div><br/>
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    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">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-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</span></div>

    <div><br/>
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    <div>
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            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Item 1.01.</div>
          </td>

    <td style="vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Entry into a Material Definitive Agreement.</div>
          </td>

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    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">On March 5, 2024, Viavi Solutions Inc., a Delaware corporation (the &#8220;Company&#8221;), issued an announcement (the &#8220;Rule 2.7 Announcement&#8221;)
      pursuant to Rule 2.7 of the UK City Code on Takeovers and Mergers (the &#8220;Code&#8221;), disclosing that the Company and the board of directors of Spirent Communications plc, a company incorporated in England and Wales (&#8220;Spirent&#8221;), had reached an agreement on
      the terms of a recommended cash acquisition by Viavi Solutions Acquisitions Limited, a company incorporated in England and Wales and a wholly-owned subsidiary of the Company (&#8220;Bidco&#8221;), of the entire issued and to be issued ordinary share capital of
      Spirent (the &#8220;Acquisition&#8221;).</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">In connection with the Acquisition, (i) the Company, Spirent and Bidco entered into a Co-operation Agreement, dated as of March 5, 2024
      (the &#8220;Co-operation Agreement&#8221;), (ii) the Company and certain financial institutions party thereto entered into a commitment letter, dated as of March 4, 2024 (including all exhibits, annexes and schedules thereto, the &#8220;Commitment Letter&#8221;) pursuant to
      which such financial institutions have committed, on terms and subject to the conditions described therein, to provide certain revolving and term loan facilities to the Company, and (iii) the Company and certain affiliates of Silver Lake named
      therein entered into an Investment Agreement, dated as of March 5, 2024 (the &#8220;Convertible Note Investment Agreement&#8221;) in respect of $400 million aggregate principal amount of unsecured 4.00% / 4.50% Convertible Senior PIK Toggle Notes (with a
      maturity date to be 7.5 years from the date of issuance) (the &#8220;Notes&#8221;). In addition, the Company and certain financial institutions named therein, among others, entered into an interim facilities agreement (substantially in the form of interim
      facilities agreement attached to the Commitment Letter) dated March 4, 2024 (the &#8220;Interim Facilities Agreement&#8221;) in respect of certain revolving and term loan facilities as more particularly described below. The Company also entered into <span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">certain derivative transactions intended to hedge foreign currency obligations of the Company in relation to the Acquisition.</span></div>

    <div><br/>
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Rule 2.7 Announcement</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Acquisition will be implemented by means of a court-sanctioned scheme of arrangement (the &#8220;Scheme&#8221;) under Part 26 of the UK
      Companies Act 2006 (the &#8220;UK Companies Act&#8221;). Under the terms of the Acquisition, Spirent shareholders will be entitled to receive 172.5 pence in cash (the &#8220;Per Share Price&#8221;) for each Spirent ordinary share (for an aggregate value for the entire
      issued and to be issued ordinary shares of Spirent of &#163;1,005 million, or US $1,277 million based on the GBP/USD exchange rate on March 4, 2024). Prior to completion of the Acquisition, the Spirent Board of Directors is permitted to declare, and pay
      subject to completion of the Acquisition, a dividend of 2.5 pence per Spirent ordinary share, in lieu of a final dividend for Spirent&#8217;s fiscal year ended December 31, 2023, without deduction to the Per Share Price.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Acquisition is expected to be completed in the second half of 2024, subject to receipt of necessary regulatory approvals. The Scheme
      will lapse if the Acquisition is not completed before 11:59 p.m. UK time on September 6, 2025, or such later time and/or date as the Company and Spirent may agree in writing with, if required, the consent of the UK Panel on Takeovers and Mergers (the
      &#8220;Panel&#8221;) and/or approval High Court of Justice in England and Wales (the &#8220;Court&#8221;) (such date, the &#8220;Long Stop Date&#8221;).</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Acquisition is conditioned upon, among other things, (i) the approval of the Scheme by Spirent shareholders at the Court Meeting and
      the General Meeting (as such terms are defined in the Rule 2.7 Announcement), (ii) the receipt of applicable antitrust and other regulatory clearances, and (iii) the sanction of the Scheme by the Court. The conditions to the Acquisition are set out
      in full in the Rule 2.7 Announcement.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The foregoing summary of the Rule 2.7 Announcement does not purport to be complete and is subject to, and qualified in its entirety by,
      the full text of the Rule 2.7 Announcement, which is attached as Exhibit 2.1 hereto and incorporated by reference herein.</div>

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    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Co-operation Agreement</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">On March 5, 2024, the Company, Bidco and Spirent entered into the Co-operation Agreement in connection with the Acquisition. Pursuant to
      the Co-operation Agreement, among other things, (i) the Company has agreed to use all reasonable endeavors (subject to certain limitations) to satisfy the regulatory conditions in sufficient time to complete the Acquisition prior to the Long Stop
      Date; (ii) Spirent has agreed to co-operate with Bidco to assist the satisfaction of certain regulatory conditions; (iii) Bidco has agreed to provide Spirent with certain information and to otherwise assist with the preparation of the Scheme
      Document; (iv) Bidco and Spirent have agreed to certain provisions providing Bidco with the ability to effect the Acquisition by way of a takeover offer rather than the Scheme; and (v) the Company, Bidco and Spirent have agreed certain arrangements
      in respect of employees and the Spirent Share Plans.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Co-operation Agreement may be terminated in a number of customary circumstances, including if the Acquisition is withdrawn or
      lapses, if prior to the Long Stop Date any condition to the Acquisition becomes incapable of satisfaction, if the Spirent Board of Directors withdraws its recommendation of the Acquisition or recommends a competing proposal, or if the Scheme does not
      become effective in accordance with its terms by the Long Stop Date or otherwise as agreed between Bidco and Spirent.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The foregoing summary of the Co-operation Agreement does not purport to be complete and is subject to, and qualified in its entirety by,
      the full text of the Co-operation Agreement, which is attached as Exhibit 2.2 hereto and incorporated by reference herein.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Irrevocable Undertakings</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Scheme is subject to the approval of Spirent shareholders in accordance with the UK Companies Act. The Company and Bidco have
      received irrevocable undertakings from the directors of Spirent (collectively, the &#8220;Spirent Directors&#8221;) to support the Acquisition. Pursuant to such undertakings, the Spirent Directors have agreed to vote, or procure the vote of, their entire
      beneficial holdings of Spirent shares in favor of the Scheme at the Court Meeting and the General Meeting of Spirent shareholders or, if the Acquisition is implemented by way of a takeover offer, the Spirent Directors have agreed that they will
      accept such takeover offer.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The undertakings will continue to be binding in the event that a competing offer is made for Spirent. They will cease to be binding in
      certain circumstances, including if (i) Bidco announces that it does not intend to make or proceed with the Acquisition, (ii) the Scheme does not become effective, is withdrawn, or lapses in accordance with its terms, or (iii) a competing offer for
      the entire issued share capital of Spirent becomes or is declared unconditional or, if proceeding by way of scheme of arrangement, becomes effective.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The foregoing summary of the irrevocable undertakings does not purport to be complete and is subject to, and qualified in its entirety
      by, the full text of the irrevocable undertakings, the form of which is attached as Exhibit 10.1 hereto and incorporated by reference herein.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Commitment Letter; Interim Facilities</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Company and certain financial institutions party thereto entered into the Commitment Letter pursuant to which such financial
      institutions agreed, on terms and subject to the conditions described therein, to provide to the Company (i) an $800 million senior secured 7-year term loan facility (the &#8220;Term Facility&#8221;), (ii) a $300 million senior secured cash flow term loan
      facility (the &#8220;Cash Flow Facility&#8221;), (iii) a $100 million senior secured revolving facility (the &#8220;Revolving Facility&#8221; and, together with the Term Facility and the Cash Flow Facility, the &#8220;Facilities&#8221;), and (iv) interim facilities consisting of a $1.1
      billion interim term loan facility and a $100 million interim revolving facility, as documented and made available pursuant to the terms of the Interim Facilities Agreement as contemplated by the Commitment Letter (the &#8220;Interim Facilities&#8221;).</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Interim Facilities Agreement contains, and any definitive financing documentation for the Facilities will contain, customary
      representations and warranties, events of default and covenants for transactions of this type, in each case as contemplated by the Commitment Letter. The availability of the borrowings under the Facilities or the Interim Facilities (as applicable)
      are subject to the satisfaction (or waiver) of certain customary conditions for financings of this nature, in each case as more fully described in the Commitment Letter and/or the Interim Facilities Agreement (as applicable). Any borrowings by the
      Company pursuant to the Interim Facilities will be due and payable on the date that is 90 days after the initial drawing under the Interim Facilities. The availability of the Facilities and the Interim Facilities will be subject to &#8220;certain funds&#8221;
      provisions as described in the Commitment Letter and consistent with the Code, with such provisions applying until the end of a &#8220;certain funds period&#8221; as described in the Commitment Letter.</div>

    <div><br/>
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    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Company&#8217;s obligations under the Facilities will be guaranteed, on a joint and several basis, by all of the Company&#8217;s present and
      future wholly-owned, domestic subsidiaries, and secured by substantially all of the assets of the Company and such subsidiaries, in each case subject to certain exceptions described in the Commitment Letter and to be set forth in the definitive
      documents for the Facilities.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The foregoing summary of the Commitment Letter does not purport to be complete and is subject to, and qualified in its entirety by, the
      full text of the Commitment Letter which is attached as Exhibit 10.2 hereto and incorporated by reference herein. The foregoing summary of the Interim Facilities Agreement does not purport to be complete and is subject to, and qualified in its
      entirety by, the full text of the form of Interim Facilities Agreement, which is attached as Exhibits D to the Commitment Letter and incorporated by reference herein.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Convertible Note Investment Agreement</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#160;The Company, SLP VII CM Victor Holdings, L.P. and SLA II CM Victor Holdings, L.P. (the &#8220;Purchasers&#8221;) entered into the Convertible Note
      Investment Agreement relating to the issuance and sale by the Company to the Purchasers of $400 million in aggregate principal amount of the Notes. The issuance of the Notes pursuant to the Convertible Note Investment Agreement (the &#8220;Note Issuance
      Date&#8221;) will occur on or after the effective date of the Acquisition, as set forth in the Convertible Note Investment Agreement.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Upon the Note Issuance Date, the Purchasers will be entitled to nominate one individual (the &#8220;Purchaser Designee&#8221;) to the Company&#8217;s
      Board of Directors (the &#8220;Board&#8221;), who will have the right, subject to certain exceptions, to join any committee of the Board so long as he or she meets any applicable requirements for such committee. The Company will nominate for election to the
      Board the Purchaser Designee for so long as the Purchasers and their affiliates beneficially own 40% or more of the aggregate principal amount of Notes the Purchasers and their affiliates collectively own immediately following the Note Issuance Date.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Pursuant to the Convertible Note Investment Agreement, the Purchasers and certain of their affiliates will be subject to a standstill
      provision from the time the Purchasers voluntarily elects not to designate a Purchaser Designee to the Board and ending on the earlier of (1) the one-year anniversary of such date and (2) the date of consummation of a change of control transaction
      (the &#8220;Standstill Period&#8221;). During the Standstill Period, the Purchasers and their affiliates will not, among other things and subject to specified exceptions, (i) make, engage or participate in any solicitation of proxies; (ii) form, join, or
      participate in any group (as defined in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended) with respect to any securities of the Company; (iii) acquire or propose or agree to acquire beneficial ownership of shares of the Company&#8217;s
      common stock that exceeds the number of shares of the Company&#8217;s common stock that would have been issuable upon conversion of the initial aggregate principal amount of Notes at such time; (iv) seek to effect or facilitate certain extraordinary
      transactions; (v) call or seek to call any meeting of the Company&#8217;s stockholders or action by written consent, seek representation on, or removal of any directors of the Company from, the Board, solicit consents from stockholders of the Company or
      make a request for Company books and records; (vi) take any action in support of or make a proposal or request that constitutes controlling or changing the Board or management of the Company, any material change in the Company&#8217;s capitalization or
      dividend policy, a material change in management, seeking to amend the Company&#8217;s organizational documents, or cause a class of the Company&#8217;s securities to be delisted; (vii) make disparaging comments regarding the Company or its officers or
      directors; (viii) make public disclosures of plans or proposals regarding the Company that are inconsistent with the standstill provision; or (ix) enter into discussions or assist or encourage any third party with respect to the foregoing.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Subject to certain exceptions, for a period of 18 months after the Note Issuance Date, or earlier upon a change of control of the
      Company, the Purchasers will be restricted from transferring, or entering into an agreement that transfers the economic consequences of ownership of, the Notes or the shares of the Company&#8217;s common stock issuable or issued upon conversion or
      repurchase of the Notes.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Purchasers, their affiliates, and their permitted transferees are also entitled to certain registration rights with respect to the
      Notes and the common stock issuable upon conversion or repurchase of the Notes, subject to specified limitations.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Subject to the terms of the Convertible Note Investment Agreement, the commitment under the Convertible Note Investment Agreement will
      terminate upon the lapsing or withdrawal, as applicable, of the Acquisition in accordance with the Code, or if the closing of the Acquisition does not occur prior to September 5, 2025, subject to an extension to November 5, 2025.</div>

    <div><br/>
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    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Notes are expected to be governed by an Indenture between the Company and a trustee named therein (the &#8220;Indenture&#8221;). The Notes will
      bear interest, at the Company&#8217;s option, at a rate of 4.00% per annum if paid in cash or 4.50% per annum if paid as PIK interest. The interest on the Notes will be payable semi-annually in arrears. The Notes will mature on the 7.5 year anniversary of
      the Note Issuance Date (the &#8220;Maturity Date&#8221;), subject to earlier conversion or repurchase. Commencing on the third anniversary of the Note Issuance Date (or earlier, upon the occurrence of certain corporate events or other limited exceptions), the
      Notes will be convertible at the option of the holder at any time until the trading day prior to the Maturity Date.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Notes will be the Company&#8217;s general senior unsecured obligations and rank equal in right of payment with all of the Company&#8217;s
      existing and future unsecured, unsubordinated indebtedness, and senior in right of payment to any indebtedness that is contractually subordinated to the Notes. The Notes will be guaranteed by the same subsidiaries of the Company that guarantee its
      outstanding 3.75% Senior Notes due 2029 or certain other debt.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Upon conversion, the principal amount of the Notes will be settled in cash, and the remainder of the conversion obligation in excess of
      the principal amount will be settled, at the Company&#8217;s option, in cash, shares of the Company&#8217;s common stock or a combination thereof. The initial conversion rate will be 97.8474 shares of the Company&#8217;s common stock per $1,000 principal amount of the
      Notes (which is equal to an initial conversion price of approximately $10.22 per share representing an approximate 5.0% conversion premium based on the closing price of $9.73 per share of the Company&#8217;s common stock on March 1, 2024), subject to
      customary anti-dilution and other adjustments, including in connection with any make-whole adjustment provided for in the Indenture as a result of certain extraordinary transactions.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">With certain exceptions, upon a change in control of the Company or the failure of the Company&#8217;s common stock to be listed on certain
      stock exchanges (a &#8220;Fundamental Change&#8221;), the holders of the Notes may require the Company to repurchase for cash all or a portion of the Notes at a repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus accrued
      and unpaid interest (at the PIK interest rate) up to, but excluding, the date of repurchase. In addition, if certain events constituting Make-Whole Fundamental Changes occur, the Company will, in certain circumstances, increase the conversion rate
      for any Notes converted in connection with such Make-Whole Fundamental Change. The Notes will not be redeemable by the Company prior to the Maturity Date.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Indenture will provide for customary events of default, including payment defaults, breaches of covenants, failure to pay certain
      judgments and certain events of bankruptcy, insolvency and reorganization. If an event of default occurs and is continuing, the principal amount of the Notes, plus accrued and unpaid interest, if any, may be declared immediately due and payable,
      subject to certain conditions that will be set forth in the Indenture. These amounts automatically become due and payable if an event of default relating to certain events of bankruptcy, insolvency or reorganization occurs.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#160;The foregoing summary of the Convertible Note Investment Agreement does not purport to be complete and is subject to, and qualified in
      its entirety by, the full text of the Convertible Note Investment Agreement, which is attached as Exhibit 10.3 hereto and incorporated by reference herein. The foregoing summary of the Indenture and the Notes does not purport to be complete and is
      subject to, and qualified in its entirety by, the full text of the form of the Indenture and the form of the Notes, which are attached as Exhibits A and B, respectively, to the Convertible Note Investment Agreement and incorporated by reference
      herein.</div>

    <div><br/>
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            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 2.03.</span>&#160;</div>
          </td>

    <td style="vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.</div>
          </td>

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</table>
    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The information related to the Commitment Letter, Interim Facilities and Convertible Note Investment Agreement contained in Item 1.01 of
      this Current Report on Form 8-K is incorporated by reference herein. <br/>
    </div>

    <div><br/>
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            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 3.02.</span>&#160;</div>
          </td>

    <td style="vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Unregistered Sale of Equity Securities.</div>
          </td>

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    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The information related to the issuance of the Notes contained in Item 1.01 under &#8220;Convertible Note Investment Agreement&#8221; of this
      Current Report on Form 8-K is incorporated by reference. The Company intends to offer and sell the Notes and the shares, if any, issuable upon conversion of the Notes in reliance upon the exemption from registration provided by Section 4(a)(2) of the
      Securities Act, based in part on representations made by the Purchasers in the Convertible Note Investment Agreement.</div>

    <div><br/>
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            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Item 8.01.</div>
          </td>

    <td style="vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Other Events.</div>
          </td>

  </tr>


</table>
    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">On March 5, 2024, the Company issued a press release announcing the terms of the Acquisition. The press release is attached hereto as
      Exhibit 99.1 and is incorporated by reference herein. <br/>
    </div>

    <div><br/>
    </div>

    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Notice to Shareholders Regarding UK Disclosure Requirements</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Company directs the attention of its shareholders to certain disclosure requirements applicable to the Acquisition. The relevant
      disclosure requirements are set out in Rule 8 of the Code, which is published and administered by the Panel. In particular, Rule 8.3 of the Code requires that any person who is interested (directly and indirectly) in 1% or more of any class of
      relevant securities of any party to the offer period must make (a) an &#8220;Opening Position Disclosure&#8221; and (b) a &#8220;Dealing Disclosure&#8221; if they deal in any relevant security of any party to the offer during the offer period. Spirent&#8217;s ordinary shares are
      relevant securities for the purposes of this offer period.</div>

    <div><br/>
    </div>

    <div style="text-align: left; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Further information about the Panel&#8217;s disclosure regime is available at: <span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><span style="text-decoration: underline;">http://www.thetakeoverpanel.org.uk/disclosure</span></span>. If a Company shareholder has any questions on these disclosure requirements, the Panel&#8217;s Market Surveillance Unit can be contacted on +44 (0)20 7638 0129.</div>

    <div><br/>
    </div>

    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Further Information; No Offer or Solicitation</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The information contained in this Current Report on Form
        8-K </span>is not intended to and does not constitute or form part of an offer to sell or subscribe for or the solicitation of an offer to buy or subscribe for, sell or solicit any securities or any proxy, vote or approval in connection with <span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">the Acquisition or otherwise</span>, nor shall there be any sale, issuance, subscription or transfer of securities in any jurisdiction in contravention of the laws of any such
      jurisdiction. It is intended that the Acquisition will be implemented by way of the Scheme document to be published by Spirent in due course. Any decision in respect of, or other response to, the Acquisition should be made only on the basis of the
      information provided pursuant to the Scheme, unless with the consent of the Panel (and to the terms of the Co-operation Agreement), Bidco elects to implement the Acquisition by way of a takeover offer that will be made in compliance with applicable
      laws and regulations.</div>

    <div><br/>
    </div>

    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Cautionary Statement Concerning Forward-Looking Statements</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">This Current Report on Form 8-K (including information
        incorporated by reference herein) oral statements made regarding the Acquisition, and other information published by the Company, Bidco, </span>Spirent<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">, and their
        respective subsidiaries contain statements which are, or may be deemed to be, &#8220;forward-looking statements&#8221;. Such forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and on
        numerous assumptions regarding the business strategies and the environment in which the Company, Bidco, </span>Spirent<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">, and their respective subsidiaries will operate in
        the future and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements.</span></div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Such forward-looking statements may relate to the
        Company&#8217;s, Bidco&#8217;s, </span>Spirent<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8217;s, and any of their respective subsidiaries&#8217; future prospects, developments and business strategies, the expected timing and scope of
        the Acquisition and other statements other than historical facts. In some cases, these forward-looking statements can be identified by the use of forward-looking terminology, including the terms &#8220;believes&#8221;, &#8220;estimates&#8221;, &#8220;will look to&#8221;, &#8220;would look
        to&#8221;, &#8220;plans&#8221;, &#8220;prepares&#8221;, &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;is expected to&#8221;, &#8220;is subject to&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;forecasts&#8221;, &#8220;synergy&#8221;, &#8220;strategy&#8221;, &#8220;goal&#8221;, &#8220;cost-saving&#8221;, &#8220;projects&#8221; &#8220;intends&#8221;, &#8220;assumes&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;shall&#8221; or &#8220;should&#8221; or their
        negatives or other variations or comparable terminology. Forward-looking statements may include statements relating to the following: (i) future capital expenditures, expenses, revenues, earnings, synergies, economic performance, indebtedness,
        financial condition, dividend policy, losses and future prospects; (ii) business and management strategies and the expansion and growth of the Company&#8217;s, Bidco&#8217;s, </span>Spirent<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8217;s, or any of their respective subsidiaries&#8217; operations and potential synergies resulting from the Acquisition; and (iii) the effects of global economic conditions and governmental regulation on Company&#8217;s, Bidco&#8217;s, </span>Spirent<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8217;s, or any of their respective subsidiaries&#8217; business.</span></div>

    <div><br/>
    </div>

    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"/></div>

    </div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">By their nature, forward-looking statements involve risk
        and uncertainty because they relate to events and depend on circumstances that shall occur in the future. These events and circumstances include changes in the global, political, economic, business, competitive, market and regulatory forces, future
        exchange and interest rates, changes in tax rates and future business combinations or disposals. If any one or more of these risks or uncertainties materialise or if any one or more of the assumptions prove incorrect, actual results may differ
        materially from those expected, estimated or projected. Such forward-looking statements should, therefore, be construed in light of such factors. None of the Company, Bidco, </span>Spirent<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">, their respective subsidiaries, nor any of their respective associates or directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any
        forward-looking statements will actually occur. Given these risks and uncertainties, potential investors should not place any reliance on forward-looking statements.&#160; Specifically, statements of estimated cost savings and synergies relate to future
        actions and circumstances which, by their nature involve, risks, uncertainties, and contingencies. As a result, the cost savings and synergies referred to may not be achieved, may be achieved later or sooner than estimated, or those achieved could
        be materially different from those estimated.</span></div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The forward-looking statements speak only at the date of
        this Current Report on Form 8-K. All subsequent oral or written forward-looking statements attributable to the Company, Bidco, </span>Spirent<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">, their respective
        subsidiaries, or any of their respective associates, directors, officers, employees, or advisers are expressly qualified in their entirety by the cautionary statement above. The Company expressly disclaims any obligation to update such statements
        other than as required by law or by the rules of any competent regulatory authority, whether as a result of new information, future events, or otherwise</span><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">.</span></div>

    <div><br/>
    </div>

    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">


  <tr>

    <td style="width: 50pt; vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Item 9.01.</div>
          </td>

    <td style="vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Financial Statements and Exhibits.</div>
          </td>

  </tr>


</table>
    <div><br/>
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(d) Exhibits</div>

    <div><br/>
    </div>

    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">


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    <td style="width: 60pt; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Exhibit</div>
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Number</div>
          </td>

    <td style="width: 2%; vertical-align: bottom;">&#160;</td>

    <td style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Exhibit Title or Description</div>
          </td>

  </tr>

  <tr>

    <td style="width: 60pt; vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><a href="ny20023240x1_ex2-1.htm">2.1</a></div>
          </td>

    <td style="width: 2%; vertical-align: middle;">&#160;</td>

    <td style="vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Rule 2.7 Announcement</div>
          </td>

  </tr>

  <tr>

    <td style="width: 60pt; vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><a href="ny20023240x1_ex2-2.htm">2.2</a></div>
          </td>

    <td style="width: 2%; vertical-align: middle;">&#160;</td>

    <td style="vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Co-operation Agreement</div>
          </td>

  </tr>

  <tr>

    <td style="width: 60pt; vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><a href="ny20023240x1_ex10-1.htm">10.1</a></div>
          </td>

    <td style="width: 2%; vertical-align: middle;">&#160;</td>

    <td style="vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Form of Irrevocable Undertaking</div>
          </td>

  </tr>

  <tr>

    <td style="width: 60pt; vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><a href="ny20023240x1_ex10-2.htm">10.2</a></div>
          </td>

    <td style="width: 2%; vertical-align: middle;">&#160;</td>

    <td style="vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Commitment Letter</div>
          </td>

  </tr>

  <tr>

    <td style="width: 60pt; vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><a href="ny20023240x1_ex10-3.htm">10.3</a></div>
          </td>

    <td style="width: 2%; vertical-align: middle;">&#160;</td>

    <td style="vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Investment Agreement by and among the Company, SLP VII CM Victor Holdings, L.P. and SLA II CM Victor Holdings, L.P., dated as of March 5, 2024</div>
          </td>

  </tr>

  <tr>

    <td style="width: 60pt; vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><a href="ny20023240x1_ex99-1.htm">99.1</a></div>
          </td>

    <td style="width: 2%; vertical-align: middle;">&#160;</td>

    <td style="vertical-align: middle;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Press Release dated March 5, 2024</div>
          </td>

  </tr>

  <tr>

    <td style="width: 60pt; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">104</div>
          </td>

    <td style="width: 2%; vertical-align: top;">&#160;</td>

    <td style="vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The cover page of this Current Report on Form 8-K, formatted in Inline XBRL</div>
          </td>

  </tr>


</table>
    <div><br/>
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    <div><br/>
    </div>

    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">SIGNATURE</div>

    <div><br/>
    </div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">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.</div>

    <div><br/>
    </div>

    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">


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    <td style="width: 50%; vertical-align: top;">&#160;</td>

    <td colspan="2" style="vertical-align: bottom;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Viavi Solutions Inc.</div>
          </td>

  </tr>

  <tr>

    <td style="width: 50%; vertical-align: top;">&#160;</td>

    <td style="width: 3%; vertical-align: bottom;">&#160;</td>

    <td style="width: 47%; vertical-align: top;">&#160;</td>

  </tr>

  <tr>

    <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Date: March 5, 2024</div>
          </td>

    <td style="width: 3%; vertical-align: bottom;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">By:</div>
          </td>

    <td style="width: 47%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">/s/ ILAN DASKAL</div>
          </td>

  </tr>

  <tr>

    <td style="width: 50%; vertical-align: top;">&#160;</td>

    <td style="width: 3%; vertical-align: bottom;">&#160;</td>

    <td style="width: 47%; vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">ILAN DASKAL</div>
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Chief Financial Officer<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;"> (Duly Authorized Officer and
                Principal Financial and Accounting Officer)</span></div>
          </td>

  </tr>


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<DESCRIPTION>EXHIBIT 2.1
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5 March 2024</font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>RECOMMENDED CASH ACQUISITION</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>of</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Spirent Communications plc (&#8220;Spirent&#8221;)</b></font><br>
    <font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>by</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Viavi Solutions Acquisitions Limited (&#8220;Bidco&#8221;)</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>(a company indirectly owned by Viavi Solutions Inc. (&#8220;Viavi&#8221;))</b></font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Summary</b></font></p>
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The boards of Viavi, Bidco, and Spirent are pleased to announce that they have reached agreement on
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

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      <tr style="vertical-align: top; text-align: justify">
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      </tr>

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      <tr style="vertical-align: top; text-align: justify">
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        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">61.4 per cent. to the Closing Price per Spirent Share of 108.4 pence on 4 March 2024 (being the last Business Day prior to the publication of this announcement);</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
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        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">55.5 per cent. to the volume weighted average price per Spirent Share of 112.5 pence for the one-month period ended on 4 March 2024 (being the last Business Day prior to
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      </tr>

  </table>
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  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
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        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">49.2 per cent. to the volume weighted average price per Spirent Share of 117.3 pence for the three-month period ended on 4 March 2024 (being the last Business Day prior to
            the publication of this announcement).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
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      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In addition, Silver Lake is making a US$400 million long-term strategic investment in Viavi in
            connection with the Acquisition. <font style="background-color: white">Further details are set out in paragraph 13 of this announcement. </font></font></td>
      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As part of the Acquisition, the boards of Viavi, Bidco and Spirent have agreed to the declaration and
            payment of the Permitted Dividend. The Permitted Dividend is intended and expected to be declared by the Spirent Board prior to the Effective Date and will be conditional upon, and only be payable if, the Scheme becomes Effective (or, if the
            Acquisition is implemented by way of a Takeover Offer, the Takeover Offer becomes or is declared unconditional) to Spirent Shareholders on the register of members at the Scheme Record Time (or, if the Acquisition is implemented by way of a
            Takeover Offer, on the register of members on the date on which the Takeover Offer becomes or is declared unconditional). The Permitted Dividend will be paid not more than 14 days after the Effective Date and in the manner to be specified in
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      </tr>

  </table>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi, Bidco and Spirent have agreed that the Spirent Board may declare and pay the Permitted Dividend
            without any reduction to the Acquisition Price. If,&#160;on or after the date of this announcement and prior to the Effective Date,&#160;any dividend, distribution, or other return of value is declared, made, or paid or becomes payable by Spirent (other
            than the Permitted Dividend),&#160;Bidco reserves the right to reduce the Acquisition Price payable under the terms of the Acquisition for the Spirent Shares by an amount equal to the amount of any such dividend, distribution or other return of
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The entitlement of Spirent ADR Holders to the Acquisition Price under the terms of the Acquisition in
            respect of the Spirent Shares underlying their Spirent ADRs will be determined in accordance with the terms of the Spirent ADR Programme Deposit Agreement.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Acquisition is conditional on, amongst other things, the approval of Spirent Shareholders and the
            satisfaction of certain regulatory conditions.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Spirent recommendation </b></font></p>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Directors, who have been so advised by Rothschild &amp; Co and UBS as to the financial
            terms of the Acquisition, consider the terms of the Acquisition to be fair and reasonable. In providing their financial advice to the Spirent Directors, Rothschild &amp; Co and UBS have taken into account the commercial assessments of the
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      </tr>

  </table>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Accordingly, the Spirent Directors intend to recommend unanimously that Spirent Shareholders vote in
            favour of the Scheme at the Court Meeting and the Special Resolution(s) to be proposed at the Spirent General Meeting (or, if the Acquisition is subsequently structured as a Takeover Offer, to accept any Takeover Offer made by Bidco), as the
            Spirent Directors have irrevocably undertaken to do in respect of their own beneficial holdings of 1,347,466 Spirent Shares representing, in aggregate, approximately 0.23 per cent. of the share capital of Spirent in issue on 4 March 2024 (being
            the last Business Day prior to publication of this announcement).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Further details of the irrevocable undertakings given by the Spirent Directors are set out in Appendix
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Background to and reasons for the Acquisition</b></font></p>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; background-color: white">The Viavi Group is a global leader in communications test and measurement and
            optical technologies.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; background-color: white">Viavi has been following the Spirent Group for a number of years and has been
            impressed with the strategy employed by the Spirent Board and its management team in creating a well-balanced and diversified business with a global presence. Viavi views the Spirent Group as a provider of complementary products and services
            that address the test, assurance, and automation challenges of a new generation of technologies. </font></td>
      </tr>

  </table>
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; background-color: white">Based on discussions with Spirent&#8217;s senior management team, Viavi and Bidco
            believe there is a high degree of alignment between the Viavi Group&#8217;s and the Spirent Group&#8217;s internal cultural identities and a shared understanding of how people work together to execute the business strategies. Viavi intends to continue its
            strategy to empower employees to learn and develop their skills to accelerate their career and to attract best-in-class talent.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi believes there is a compelling strategic and financial rationale for the Acquisition to create a
            leading provider in test, measurement and assurance solutions better able to serve customer needs. Spirent&#8217;s product offerings and technological assets are highly complementary and synergistic to Viavi&#8217;s existing portfolio, which will enable
            the Combined Group to deliver high-performance, integrated solutions for networking and mission critical applications, including 5G &amp; 6G wireless infrastructure.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi believes that it can better serve its customers by combining its product offerings with
            Spirent&#8217;s complementary product portfolio. Viavi also believes that Spirent&#8217;s existing business would benefit from the opportunity to market a broader product offering and range of services to existing and new customers.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">By combining the Viavi Group and the Spirent Group, the Combined Group will be able to drive ongoing
            successful product development and create both immediate and sustainable strategic value.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Information on Viavi and Bidco</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bidco is a limited company registered in England and Wales and incorporated on 26 February 2024. Bidco
            is an indirect wholly owned subsidiary of Viavi. Bidco was formed for the purposes of the Acquisition and has not traded since its date of incorporation, nor has it entered into any obligations other than in connection with the Acquisition.
            Further details in relation to Bidco will be contained in the Scheme Document.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi is the ultimate parent company of the Viavi Group, a <font style="background-color: white">global


              leader in communications test and measurement and optical technologies</font>. The Viavi Group enables customer innovation in industries ranging from telecommunication networks, cloud, hyperscale and enterprise data centres to consumer
            electronics and mission-critical avionics, transportation, aerospace, and anti-counterfeiting systems.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Viavi Group&#8217;s tools and intelligence help service providers, network equipment manufacturers (&#8220;<b>NEMs</b>&#8221;),

            and IT organisations build, test, certify, monitor, maintain, optimise, and troubleshoot complex physical and virtual networks.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As a global provider in advanced thin film coatings, the Viavi Group enables precision optical
            products, including security pigments, light shaping optics, and custom filter technology for commercial and government customers worldwide.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Viavi Group has approximately 3,600 employees and serves a broad, global customer base, including
            Am&#233;rica M&#243;vil, AT&amp;T Inc., Lumen Technologies, Inc. (formerly CenturyLink, Inc.), Cisco Systems, Inc., Nokia Corporation, British Telecom Openreach, Deutsche Telekom AG and Verizon Communications Inc.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Although the Viavi Group already had a UK presence, it increased its UK presence following its
            successful acquisition and integration of Cobham&#8217;s test and measurement business in 2018. Since then, the Viavi Group has continued to invest in its UK business, and currently has approximately 400 employees, including more than 200 focused on
            research and development and product development, based at three locations across the UK.</font></td>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi&#8217;s shares are publicly listed on NASDAQ with a current market capitalisation of approximately
            US$2.2 billion as at 4 March 2024 (being the last Business Day prior to publication of this announcement). For the financial year ended 1 July 2023, Viavi reported consolidated revenues of US$1,106 million (2022: US$1,292 million).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Information on Spirent</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Group is a leading global provider of automated test and assurance solutions for networks,
            cybersecurity, and positioning. The Spirent Group provides products, services and managed solutions that address the test, assurance and automation challenges of technologies, including 5G, software-defined wide area networks (&#8220;<b>SD-WAN</b>&#8221;),
            cloud, and autonomous vehicles.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent&#8217;s international positioning, navigation and timing business also addresses the needs of
            customers in research and development, verification and integration testing, including the testing of hybrid positioning and sensor fusion under real-world conditions.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Group&#8217;s strategy is built on three pillars: (i) customer-centricity; (ii) innovation for
            growth; and (iii) operational excellence. The Spirent Group is executing on this strategy to further develop its offerings into live networks, increasing its recurring revenue streams, and providing value-added services and solutions across the
            product portfolio.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Group has approximately 1,500+ employees, and serves approximately 1,100 customers in over
            50 countries. The Spirent Group is headquartered in Crawley, UK and has a presence in 10 additional locations including Holmdel New Jersey, Calabasas California, Paignton UK, Plano Texas, Honolulu Hawaii, Beijing China and Bangalore India.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">For the financial year ended 31 December 2023, the Spirent Group generated revenue of US$474 million
            (2022: US$608 million), and adjusted operating profit of US$45 million (2022: US$130 million). The business performance is underpinned by a material order book, a strong balance sheet with a material cash balance and robust cash flows.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; border-left-width: 0in; border-left-color: Black" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Shares are listed on the premium segment of the Official List and to trading on the main
            market of the London Stock Exchange. Spirent also operates a Level I sponsored ADR programme for which The Bank of New York Mellon acts as Depositary (the &#8220;<b>Spirent ADR Programme</b>&#8221;). Each Spirent ADR represents four Spirent Shares. The
            Spirent ADRs trade in the US on the OTC Pink market.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Timetable and Conditions</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">It is intended that the Acquisition will be implemented by way of a Court-sanctioned scheme of
            arrangement between Spirent and Spirent Shareholders under Part 26 of the Companies Act (although Bidco reserves the right to effect the Acquisition by way of a Takeover Offer, subject to the terms of the Co-operation Agreement and the consent
            of the Panel).</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Acquisition is conditional on, among other things, the approval of the requisite majority of
            Spirent Shareholders at the Court Meeting and the Spirent General Meeting. In order to become Effective, the Scheme must be approved by a majority in number of the Spirent Shareholders voting at the Court Meeting, either in person or by proxy,
            representing at least 75 per cent. in value of the Spirent Shares voted at that meeting. In addition, the Special Resolution(s) to implement the Scheme must be passed by Spirent Shareholders representing at least 75 per cent. of votes cast at
            the Spirent General Meeting. Following the Court Meeting and the Spirent General Meeting, the Scheme must also be sanctioned by the Court before the Scheme becomes Effective.</font></td>
      </tr>

  </table>
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            conditions set out in Appendix I to this announcement and to be set out in the Scheme Document, the Scheme is expected to become Effective (subject to the satisfaction, among other things, of certain regulatory conditions) during the second
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            Meeting and the Spirent General Meeting, together with the Forms of Proxy for use at the Court Meeting and the Spirent General Meeting, will be distributed to Spirent Shareholders as soon as reasonably practicable and in any event within 28
            days of the date of this announcement (or such later date as Spirent, Bidco and the Panel may agree).</font></td>
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        of all Spirent Shareholders and Spirent as a whole, the Spirent Board believes that this all-cash offer recognises the underlying value of Spirent. That is why we intend to unanimously recommend this cash offer, which not only represents an
        attractive outcome for our investors, but also provides a significant opportunity for employees, customers and other stakeholders through what is a highly strategic and highly complementary combination. </i></font></p>
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        transformation and growth over recent years and I am proud of the significant progress we have made, thanks to the efforts and commitment of our people. We have evolved our offering and routes to market to focus more on high-quality, high-growth,
        software-centric solutions and have become a mission critical partner to our customers in a more complex and digitised world.</i></font></p>
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        significant challenges due to the macro backdrop and the impact of this on our core end markets. These conditions are likely to continue for some time. </i></font></p>
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        highly complementary product offering which can be marketed globally. It will enable Spirent to build on the strategic progress we have made to date, with a partner that has the scale and resources to capitalise on the long-term growth
        opportunities ahead. The combination of the Viavi Group and the Spirent Group creates a stronger business that will be better able to compete in what remains a challenging market environment and we are confident in the opportunities this will bring
        for many of our stakeholders.&#8221; </i></font></p>
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      and CEO of Viavi, said:</font></p>
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        customers to pursue innovation across the wide range of industries it serves. Combining our leading communications test and measurement and optical technologies and Spirent&#8217;s high-performance testing and assurance solutions is expected to deliver
        enhanced product solutions and applications, accelerate growth in new markets and strengthen innovation through expanded engineering and design capabilities. Further, we are uniting two teams with a shared passion for developing compelling and
        cutting-edge offerings for customers and a commitment to technological excellence. We are confident that the highly complementary nature of this transaction will position us to capitalise on opportunities ahead to drive increased revenue growth and
        long-term value creation for all stakeholders</i>. <i>We are pleased to welcome a strategic, long-term investment from Silver Lake in connection with this Acquisition. Silver Lake has an outstanding track record of supporting leading technology
        companies through both organic growth investments and scale acquisitions</i>.&#8221;</font></p>
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          the full text of this announcement, including the Appendices. The Acquisition will be subject to the Conditions and further terms set out in Appendix I to this announcement and to the full terms and conditions which will be set out in the Scheme
          Document (or, if the Acquisition is subsequently structured as a Takeover Offer, in the Offer Document). Appendix II to this announcement contains the sources of information and bases of calculations of certain information contained in this
          summary and this announcement; Appendix III contains a summary of the irrevocable undertakings received in relation to this Acquisition; and Appendix IV contains definitions of certain expressions used in this summary and in this announcement.</i></b></font></p>
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        before the publication of this announcement, published its audited results for the financial year ended 31 December 2023.</font> There will be a Spirent conference call for investors and analysts at 8.30 a.m. on 5 March 2024 which will be
      accessible via Spirent&#8217;s website at https://corporate.spirent.com. A copy of the Spirent FY23 results presentation will be available on Spirent&#8217;s website at https://corporate.spirent.com.</font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 76%; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
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        </td>
        <td style="width: 1%">&#160;</td>
        <td style="width: 25%; font: 10pt Arial, Helvetica, Sans-Serif">
          <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel:
              + 1 408 404 6305</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
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          <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Kevin Siebert, Senior Vice President, General Counsel &amp; Secretary</font></p>
        </td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">&#160;</td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Qatalyst Partners (Lead Financial Adviser to Viavi and Bidco)</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)20 3700 8820</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Jason DiLullo</font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Peter Spofforth</font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Milad Zarpak</font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Wells Fargo Securities (Financial Adviser to Viavi and Bidco)</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)20 3942 8000</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Rob Engel</font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
          <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mark Hutt</font></p>
          <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Preeti Raghupathi</font></p>
        </td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>

  </table>
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    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">6</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in; width: 76%"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Spirent Communications plc </b></font></td>
        <td style="width: 1%">&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right; width: 25%"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)12 9376 7676</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td>&#160;</td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td>&#160;</td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right">&#160;</td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td>&#160;</td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">&#160;</td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right">&#160;</td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)777 3331 5890</font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)20 7038 7419</font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td>&#160;</td>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">&#160;</p>
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        is authorised by the Securities and Exchange Commission and regulated by the Financial Industry Regulatory Authority and the Securities and Exchange Commission in the US, is acting exclusively as financial adviser to Viavi and Bidco and will not be
        responsible to anyone other than Viavi and Bidco for providing the protections afforded to its client, or for providing advice in relation to the matters set out in this announcement. </i></font><i><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">No representation or warranty, express or implied, is made by Qatalyst Partners LP as to the contents of this announcement.</font></i></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; background-color: white"><i>Wells Fargo Securities, LLC,
        a subsidiary of Wells Fargo &amp; Company, which is authorised by the Securities and Exchange Commission and regulated by the Financial Industry Regulatory Authority and the Securities and Exchange Commission in the USA, is acting exclusively as
        financial adviser to Viavi and Bidco and will not be responsible to anyone other than Viavi and Bidco for providing the protections afforded to its client, or for providing advice in relation to the matters set out in this announcement.</i></font></p>
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        than Spirent for providing the protections afforded to clients of Rothschild &amp; Co nor for providing advice in connection with the Acquisition or any matter referred to herein. Neither Rothschild &amp; Co nor any of its affiliates (nor their
        respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of
        Rothschild &amp; Co in connection with this announcement, any statement contained in this announcement, the acquisition of Spirent or otherwise. No representation or warranty, express or implied, is made by Rothschild &amp; Co as to the contents of
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        Authority in the UK. UBS is acting exclusively as corporate broker and financial adviser to Spirent and no one else in connection with the Acquisition. In connection with such matters, UBS will not regard any other person as its client, nor will it
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        other than Spirent for providing the protections afforded to clients of Jefferies nor for providing advice in connection with the Acquisition or any matter referred to herein. Neither Jefferies nor any of its affiliates (nor their respective
        directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Jefferies in
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        Scheme Document (or, if the Acquisition is implemented by way of a Takeover Offer, the Offer Document to be published by Bidco) which, together with the Forms of Proxy (or forms of acceptance), shall contain the full terms and conditions of the
        Acquisition, including details of how to vote in respect of the Acquisition. Any decision or vote in respect of, or acceptance of, the Acquisition should be made only on the basis of the information contained in the Scheme Document (or, if the
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        of complying with English law and the Takeover Code. The information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws of jurisdictions other than England and
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        person may vote in favour of the Acquisition by any such use, means, instrumentality or form within a Restricted Jurisdiction or any other jurisdiction if to do so would constitute a violation of the laws of that jurisdiction. Accordingly, copies
        of this announcement and all documents relating to the Acquisition are not being, and must not be, directly or indirectly, mailed or otherwise forwarded, distributed, or sent in, into, or from a Restricted Jurisdiction where to do so would violate
        the laws in that jurisdiction, and persons receiving this announcement and all documents relating to the Acquisition (including custodians, nominees, and trustees) must not mail or otherwise distribute or send them in, into, or from such
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        purchase, shares or other securities of Spirent outside the US, other than pursuant to such Takeover Offer, during the period in which such Takeover Offer would remain open for acceptance. These purchases may occur either in the open market at
        prevailing prices or in private transactions at negotiated prices. Any information about such purchases or arrangements to purchase shall be disclosed as required in the UK, shall be reported to a Regulatory Information Service and shall be
        available on the London Stock Exchange website at&#160;<u>www.londonstockexchange.com</u>.</i></font></p>
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        and/or Scheme becomes effective, lapses or is otherwise withdrawn. If such purchases or arrangements to purchase were to be made, they would occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Financial information relating to Spirent included in
        this announcement and the Scheme Document (or, if applicable, the Offer Document) has been or shall have been prepared in accordance with accounting standards applicable in the UK and may not be comparable to financial information of US companies
        or companies whose financial statements are prepared in accordance with generally accepted accounting principles in the US.</i></font></p>
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        England and Wales. Some or all of the officers and directors of Bidco and Spirent, respectively, are residents of countries other than the US. In addition, most of the assets of Bidco and Spirent are located outside the US. As a result, it may be
        difficult for US shareholders of Spirent and Spirent ADR Holders to effect service of process within the US upon Bidco or Spirent or their respective officers or directors or to enforce against them a judgment of a US court predicated upon the
        federal or state securities laws of the US.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Forward-Looking Statements </i></b></font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>This announcement (including information incorporated
        by reference in this announcement), oral statements made regarding the Acquisition, and other information published by Spirent, any member of the Spirent Group, Viavi, Bidco, or any member of the Viavi Group, contain statements which are, or may be
        deemed to be, &#8220;forward-looking statements&#8221;. Such forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and on numerous assumptions regarding the business strategies and the
        environment in which Spirent, any member of the Spirent Group, Viavi, Bidco, any member of the Viavi Group, or any member of the Combined Group shall operate in the future and are subject to risks and uncertainties that could cause actual results
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        Acquisition and other statements other than historical facts. In some cases, these forward-looking statements can be identified by the use of forward-looking terminology, including the terms &#8220;believes&#8221;, &#8220;estimates&#8221;, &#8220;will look to&#8221;, &#8220;would look to&#8221;,
        &#8220;plans&#8221;, &#8220;prepares&#8221;, &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;is expected to&#8221;, &#8220;is subject to&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;forecasts&#8221;, &#8220;synergy&#8221;, &#8220;strategy&#8221;, &#8220;goal&#8221;, &#8220;cost-saving&#8221;, &#8220;projects&#8221; &#8220;intends&#8221;, &#8220;assumes&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;shall&#8221; or &#8220;should&#8221; or their
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        financial condition, dividend policy, losses and future prospects; (ii)&#160;business and management strategies and the expansion and growth of Spirent, any member of the Spirent Group, Viavi, Bidco, any member of the Viavi Group, or any member of the
        Combined Group&#8217;s operations and potential synergies resulting from the Acquisition; and (iii) the effects of global economic conditions and governmental regulation on Spirent, any member of the Spirent Group, Viavi, Bidco, any member of the Viavi
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>By their nature, forward-looking statements involve
        risk and uncertainty because they relate to events and depend on circumstances that shall occur in the future. These events and circumstances include changes in the global, political, economic, business, competitive, market and regulatory forces,
        future exchange and interest rates, changes in tax rates and future business combinations or disposals. If any one or more of these risks or uncertainties materialise or if any one or more of the assumptions prove incorrect, actual results may
        differ materially from those expected, estimated or projected. Such forward-looking statements should, therefore, be construed in light of such factors.</i></font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>None of Spirent, any member of the Spirent Group,
        Viavi, Bidco, nor any member of the Viavi Group, nor any member of the Combined Group, nor any of their respective associates or directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events
        expressed or implied in any forward-looking statements in this announcement shall actually occur. Given these risks and uncertainties, potential investors should not place any reliance on forward-looking statements.</i></font></p>
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        and synergies relate to future actions and circumstances which, by their nature, involve risks, uncertainties, and contingencies. As a result, the cost savings and synergies referred to may not be achieved, may be achieved later or sooner than
        estimated, or those achieved could be materially different from those estimated. Due to the scale of the Combined Group, there may be additional changes to the Combined Group&#8217;s operations. As a result, and given the fact that the changes relate to
        the future, the resulting cost synergies may be materially greater or less than those estimated.</i></font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>The forward-looking statements speak only at the date
        of this announcement. All subsequent oral or written forward-looking statements attributable to Spirent, any member of the Spirent Group, Viavi, Bidco, or any member of the Viavi Group, or any member of the Combined Group, or any of their
        respective associates, directors, officers, employees, or advisers, are expressly qualified in their entirety by the cautionary statement above.</i></font></p>
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        Bidco, any member of the Viavi Group and any member of the Combined Group expressly disclaim any obligation to update such statements other than as required by law or by the rules of any competent regulatory authority, whether as a result of new
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        profit forecast or estimate for any period and no statement in this announcement should be interpreted to mean that earnings or earnings per share for Viavi or Spirent, as appropriate, for the current or future financial years would necessarily
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        who is interested in 1 per cent. or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is
        likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position
        Disclosure must contain details of the person&#8217;s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by
        a person to whom Rule 8.3(a) applies must be made by no later than 3.30 p.m. (London time) on the 10<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> business day following the commencement of the Offer Period and,
        if appropriate, by no later than 3.30 p.m. (London time) on the 10<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> business day following the announcement in which any securities exchange offeror is first
        identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        who is, or becomes, interested in 1 per cent. or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree
        company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person&#8217;s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree
        company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. (London time)
        on the business day following the date of the relevant dealing.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>If two or more persons act together pursuant to an
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        offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Details of the offeree and offeror companies in
        respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made, can be found in the Disclosure Table on the Panel&#8217;s website at http://www.thetakeoverpanel.org.uk/, including details of the number of relevant
        securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, then you should contact the
        Panel&#8217;s Market Surveillance Unit on +44 (0)20 7638 0129.</i></font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">12</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Please be aware that addresses, electronic addresses,
        and certain information provided by Spirent Shareholders, persons with information rights, and other relevant persons for the receipt of communications from Spirent may be provided to Viavi and/or Bidco during the Offer Period as required under
        Section 4 of Appendix 4 of the Takeover Code to comply with Rule 2.11(c) of the Takeover Code.</i></font></p>
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        subject to certain restrictions relating to persons resident in Restricted Jurisdictions, on Spirent&#8217;s and Viavi&#8217;s websites at <u>https://corporate.spirent.com</u> and https://investor.viavisolutions.com/overview/default.aspx by no later than 12
        noon (London time) on the business day following the date of this announcement. For the avoidance of doubt, the contents of the websites referred to in this announcement are not incorporated into and do not form part of this announcement</i>.</font></p>
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        announcement by contacting Equiniti Limited by: (i) submitting a request in writing to Equiniti at Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA, UK; or (ii) contacting Equiniti between 8:30 a.m. and 5:30 p.m. (UK time), Monday to
        Friday (excluding English and Welsh public holidays), on +44 (0) 333 207 6530 (calls from outside the UK will be charged at the applicable international rate and you should use the country code when calling from outside the UK) -&#8211; calls may be
        recorded and monitored for training and security purposes. You must provide your full name and the full address to which the hard copy may be sent. Shareholders may also request that all future documents, announcements and information to be sent to
        you in relation to the Acquisition should be in hard copy form. </i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>If you are in any doubt about the contents of this
        announcement or the action you should take, you are recommended to seek your own independent financial advice immediately from your stockbroker, bank manager, solicitor or accountant, or from an independent financial adviser duly authorised under
        the Finance Services and Markets Act 2000 (as amended). </i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Rounding</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Certain figures included in this announcement have
        been subjected to rounding adjustments. Accordingly, figures shown for the same category presented in different tables may vary slightly and figures shown as totals in certain tables may not be an arithmetic aggregation of the figures that precede
        them.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Rule 2.9 Disclosure</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>In accordance with Rule 2.9 of the Takeover Code,
        Spirent confirms that as at the date of this announcement, it has in issue and admitted to trading on the main market of the London Stock Exchange 578,646,363 Spirent Shares of 3 &amp; 1/3 pence each. There are no Spirent Shares held in treasury.
        The International Securities Identification Number (ISIN) of the Spirent Shares is GB0004726096. Spirent&#8217;s Legal Entity Identifier is 213800HKCUNWP1916L38.</i></font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">13</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Spirent has a Level I sponsored ADR programme for
        which The Bank of New York Mellon acts as Depositary. One ADR represents four Spirent Shares. The Spirent ADRs trade in the US on the OTC Pink market. The trading symbol for these securities is SPMYY, the CUSIP number is 84856M209 and the ISIN is
        US84856M2098. </i><br style="clear: both">
    </font></p>
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    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">14</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>NOT FOR RELEASE, PUBLICATION, OR DISTRIBUTION IN
        WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>FOR IMMEDIATE RELEASE</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5 March 2024</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0">&#160;</p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>RECOMMENDED CASH ACQUISITION</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>of</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Spirent Communications plc (&#8220;Spirent&#8221;)</b></font><br>
    <font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>by</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Viavi Solutions Acquisitions Limited (&#8220;Bidco&#8221;)</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>(a company indirectly owned by Viavi Solutions Inc. (&#8220;Viavi&#8221;))</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>to be effected by means of a scheme of arrangement</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font: 10pt Arial, Helvetica, Sans-Serif"><b>under Part 26 of the Companies Act 2006</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>1</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Introduction</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The boards of Viavi, Bidco, and Spirent are pleased to
      announce that they have reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Spirent by Bidco. It is intended that the Acquisition be effected by means of a scheme of
      arrangement under Part 26 of the Companies Act (the &#8220;<b>Scheme</b>&#8221; or &#8220;<b>Scheme of Arrangement</b>&#8221;).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>The Acquisition</b></font></td>
      </tr>

  </table>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Under the terms of the Acquisition, which shall be
      subject to the Conditions and further terms set out in Appendix I to this announcement and to be set out in the Scheme Document, Spirent Shareholders who are on the register of members of Spirent at the Scheme Record Time shall be entitled to
      receive:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; border-left-width: 0in; border-left-color: Black"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>175
        pence for each Spirent Share held (the &#8220;Acquisition Value&#8221;).</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; border-left-width: 0in; border-left-color: Black"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; border-left-width: 0in; border-left-color: Black"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The
      Acquisition Value comprises for each Spirent Share:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; border-left-width: 0in; border-left-color: Black"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; border-left-width: 0in; border-left-color: Black" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>172.5 pence in cash (the &#8220;Acquisition Price&#8221;); and</b></font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; border-left-width: 0in; border-left-color: Black" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>a special dividend of 2.5 pence per Spirent Share, in lieu of any final dividend for the year ended
              31 December 2023 (the &#8220;Permitted Dividend&#8221;).</b></font></td>
      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      </tr>

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      </tr>

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      and Spirent have agreed to the declaration and payment of the Permitted Dividend. The Permitted Dividend is intended and expected to be declared by the Spirent Board prior to the Effective Date and will be conditional upon, and only be payable if,
      the Scheme becomes Effective (or, if the Acquisition is implemented by way of a Takeover Offer, the Takeover Offer becomes or is declared unconditional) to Spirent Shareholders on the register of members at the Scheme Record Time (or, if the
      Acquisition is implemented by way of Takeover Offer, on the register of members on the date on which the Takeover Offer becomes or is declared unconditional). The Permitted Dividend will be paid not more than 14 days after the Effective Date and in
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      thereafter. It is expected that the Scheme will become Effective (subject to the satisfaction, among other things, of certain regulatory conditions) during the second half of 2024. The Scheme Document and Forms of Proxy will be made available to
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Background to and Reasons for the Acquisition</b></font></td>
      </tr>

  </table>
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      of years and has been impressed with the strategy employed by the Spirent Board and its management team in creating a well-balanced and diversified business with a global presence. Viavi views the Spirent Group as a provider of complementary products
      and services that address the test, assurance and automation challenges of a new generation of technologies.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      to continue its strategy to empower employees to learn and develop their skills to accelerate their career and to attract best-in-class talent.</font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">16</font></div>
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      and financial rationale for the Acquisition to create a leading provider in the product and increasingly solutions-based test, measurement and assurance markets. The need for a trusted test, measurement and assurance partner is growing as existing
      and new customers increasingly move to automation. The Spirent Group&#8217;s product offerings and technological assets are highly complementary and synergistic to the Viavi Group&#8217;s existing portfolio, and will enable the Combined Group to deliver
      high-performance, integrated solutions for networking and mission critical applications, including 5G &amp; 6G wireless infrastructure. Increasingly, the Viavi Group&#8217;s customers are looking for competitive point products combined with open standards
      to provide increased flexibility. This flexibility allows products to be dynamically integrated for certain use-cases, and enables products to be used in existing markets as well as to diversify into new markets and verticals.</font></p>
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      Viavi Group&#8217;s customers by combining its product offerings with Spirent Group&#8217;s complementary product portfolio. Viavi and Bidco also believe that the Spirent Group&#8217;s existing business would benefit from the opportunity to market a broader product
      offering and range of services to existing and new customers.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Bidco value the investment that the Spirent
      Group has made in its technology and the infrastructure and expertise within the Spirent Group and believes the Combined Group will drive ongoing successful product development (in particular with regard to artificial intelligence and machine
      learning, security, cloud-native architecture and automation) as well as generate improved cost-performance and &#8220;lab-to-live&#8221; production deployment. In addition, Viavi and Bidco believe that the Acquisition will create new market opportunities for
      increased investment and partnership in specific high growth areas, including, amongst others, segment diversification, which would be challenging to achieve on a standalone basis. Viavi and Bidco are of the view that the Acquisition can therefore
      create both immediate and sustainable strategic value.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In particular, Viavi and Bidco believe the Acquisition
      will:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Create a leading provider of test, assurance, and
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      high-performance automated testing and assurance solutions for networks, security and positioning, decades of experience in developing leading-edge solutions for the world&#8217;s largest customers, as well as expertise in developing automated testing and
      assurance software solutions for laboratory applications. The Viavi Group is a global provider of telecommunications test, monitoring and assurance solutions that help service providers, NEMs and IT organisations build, test, certify, monitor,
      maintain, optimise, and troubleshoot complex physical and virtual networks, as well as being a leading provider in developing precision optical products and technologies for commercial and government customers worldwide. Merging the highly
      complementary product portfolios and services will enable the Combined Group to deliver solutions for various markets and applications.</font></p>
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  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
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      expertise of the engineering, research and development and design teams of both the Viavi Group and the Spirent Group will result in greater engineering, research and development and design capabilities to accelerate new technology development and
      product innovation, in particular with regard to artificial intelligence and machine learning, security, cloud-native architecture and automation.</font></p>
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      financial and operational resources to continue its leadership in research &amp; development to deliver new products to new verticals to help customers solve their most difficult challenges.</font></p>
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      and the Spirent Group, Viavi and Bidco believe that the Acquisition will create new market opportunities.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Based on the preliminary analysis to identify potential
      operational efficiencies and relying principally on Viavi&#8217;s understanding of the market and experience in conducting and integrating previous acquisitions, Viavi and Bidco anticipate annual run-rate cost synergies of up to US$75 million approximately
      two years after Completion. Due to Spirent&#8217;s and Viavi&#8217;s highly complementary technologies, Viavi anticipates the cost efficiencies to be achieved outside of the Combined Group&#8217;s research and development function, primarily through improvements to
      the Combined Group&#8217;s operations, the rationalisation of design resources as well as in relation to engineering tools and licences, &#8220;go-to-market&#8221; resources, budgets and within the supply chain. In addition, Viavi and Bidco anticipate that cost
      synergies will be achieved through the elimination or reduction of functions and expenses which have historically been related to Spirent&#8217;s status as a listed company that will no longer be required due to Spirent ceasing to be a listed company.
      Further, based on the preliminary analysis carried out to date, Viavi anticipates using its US net operating losses to lower the Combined Group&#8217;s blended non-GAAP tax rate from Completion.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Acquisition is expected to be accretive to non-GAAP
      earnings per share (EPS) within two years of the Effective Date. Viavi will prioritise debt paydown utilising free cash flow generation following Completion to lower leverage ratios of the Combined Group to less than 4.0x gross and 3.0x net over the
      long term.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>4</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Recommendation</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Directors, who have been so advised by
      Rothschild &amp; Co and UBS as to the financial terms of the Acquisition, consider the terms of the Acquisition to be fair and reasonable. In providing their financial advice to the Spirent Directors, Rothschild &amp; Co and UBS have taken into
      account the commercial assessments of the Spirent Directors. Rothschild &amp; Co and UBS are providing independent financial advice to the Spirent Directors for the purposes of Rule 3 of the Takeover Code.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Accordingly, the Spirent Directors intend to recommend
      unanimously that Spirent Shareholders vote in favour of the Scheme at the Court Meeting and the Special Resolution(s) to be proposed at the Spirent General Meeting (or, if the Acquisition is subsequently structured as a Takeover Offer, to accept any
      Takeover Offer made by Bidco), and the Spirent Directors have irrevocably undertaken to do so in respect of their own beneficial holdings of 1,347,466 Spirent Shares representing, in aggregate, approximately 0.23 per cent. of the share capital of
      Spirent in issue on 4 March 2024 (being the last Business Day prior to publication of this announcement).</font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">18</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Further details of these irrevocable undertakings are
      set out in Appendix III to this announcement.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>5</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Background to and Reasons for the Recommendation</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Group delivered robust financial and
      operational performance in the years up to and including 2022. However, as has been widely recognised, the performance in 2023 was impacted by significant challenges to the telecoms sector with a number of the Spirent Group&#8217;s customers curtailing
      their expenditure and technology investments in response to broader macroeconomic conditions. This materially reduced full year revenue in 2023 and, due to the negative operating leverage impact, significantly reduced the profitability of the
      business.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Whilst the Spirent Group has continued to invest in its
      established business to ensure that it is able to benefit from any recovery in the sector, the Spirent Group has more recently accelerated its focus on other verticals such as its positioning business and in hyperscalers. However, this is not likely
      to drive material growth in the short-to-medium term.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Directors believe that the Spirent Group&#8217;s
      prospects are fully recognised in the value of the Acquisition. In assessing the Acquisition, the Spirent Directors recognise the ongoing challenges facing the telecoms market which are expected to last through 2024 and, potentially, into 2025, and
      the impact these will have on customer spend and decision making. Continuing investment to protect research and development leadership positions is critical, but reduces the opportunity for further material cost saving initiatives, other than those
      already completed or being implemented.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Looking forward, the Spirent Group&#8217;s reduced size and
      scale, lack of visibility on the timing of resumption of customer spending, and ongoing cost inflation, create an uncertain outlook with limited visibility around the ability of the business to return to 2022 levels of revenue and profitability in
      the short to medium term. As a result, the Acquisition represents a compelling opportunity for Spirent Shareholders to accelerate and de-risk the potential future value creation, and realise an immediate and certain cash exit for their investment at
      a significant premium to the prevailing share price.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In considering the financial terms of the Acquisition,
      the Spirent Directors have taken into account a number of factors, including:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Spirent Directors believe that the Acquisition fairly reflects the Spirent Group&#8217;s positioning as
            a trusted partner in the global telecoms and technology space and offers the opportunity to create a new leading presence in the industry;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Acquisition provides Spirent Shareholders with an opportunity to realise immediate and certain
            value without being exposed to the inherent risks of an uncertain macro-economic and market backdrop, with material uncertainty around the timing of an improvement to market conditions;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Acquisition represents an attractive EV/EBIT multiple of 26.7 times the Spirent Group&#8217;s FY2023A
            adjusted operating profit of US$45 million, and a price-to-earnings multiple of 29.0 times Spirent&#8217;s FY2023A adjusted earnings per share of 7.55 US cents; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Acquisition Value represents a premium of:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">61.4 per cent. to the Closing Price of 108.4 pence per Spirent Share on 4 March 2024 (being the last
            Business Day prior to the publication of this announcement;</font></td>
      </tr>

  </table>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">19</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">55.5 per cent. to the volume weighted average price of 112.5 pence per Spirent Share in the one-month
            period ended on 4 March 2024 (being the last Business Day prior to the publication of this announcement); and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">49.2 per cent. to the volume weighted average price of 117.3 pence per Spirent Share in the
            three-month period ended on 4 March 2024 (being the last Business Day prior to the publication of this announcement).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As a result, after careful consideration of the value
      and deliverability of the Acquisition, the Spirent Directors believe that the Acquisition represents a compelling proposition for Spirent Shareholders to accelerate and de-risk the potential future value creation, and realise an immediate and certain
      cash exit for their investment at a significant premium to the prevailing share price. In addition, the Spirent Directors have also spent considerable time reviewing Viavi and Bidco&#8217;s intentions regarding the conduct of the Spirent Group&#8217;s business
      under their ownership, including the potential impact of Viavi&#8217;s ownership on the interests of its other stakeholders including the Spirent Group&#8217;s employees and members of Spirent&#8217;s pension plans, and are confident that Viavi&#8217;s stakeholder
      commitments will protect stakeholder interests appropriately.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Accordingly, the Spirent Directors intend to recommend
      unanimously the Acquisition to Spirent Shareholders.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>6</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Spirent&#8217;s views on the Combined Group</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; border-left-width: 0in; border-left-color: Black"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The
      Combined Group will be better placed to overcome the market challenges than the Spirent Group is on a standalone basis, and provides an opportunity to accelerate the Spirent Group&#8217;s strategy and vision, as well as creating the ability to improve
      research and development in the industry.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; border-left-width: 0in; border-left-color: Black"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; border-left-width: 0in; border-left-color: Black"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The
      Spirent Directors believe that combining with the Viavi Group will create a leading provider in test, measurement and assurance solutions better able to serve customer needs, with increased resources and a combined complementary product offering. The
      Spirent Directors also consider that the Acquisition provides an exciting opportunity to better serve customers by increasing, through the Combined Group, their ability to deal with the complexity customers are seeing in today&#8217;s world with the
      Combined Group&#8217;s added capabilities, operational and financial power, and investment in research and development. In particular:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; border-left-width: 0in; border-left-color: Black"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>increased capabilities</b>: through its increased capabilities, the Combined Group gains increased
            access to a wider range of products, solutions and services from a larger pool of talent, which the Spirent Directors expect to be delivered through the Acquisition, particularly given the current challenges in the telecoms sector due to the
            macroeconomic environment and the fact that the Spirent Group&#8217;s continued investment in established businesses has led to negative operating leverage impact and significantly reduced profitability;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>highly complementary products and services in our customer bases</b>: the limited cross over in
            terms of the Spirent Group&#8217;s and the Viavi Group&#8217;s current product and service offerings presents an opportunity to provide complementary products and services to current and new customers with broader &#8220;go-to-market&#8221; opportunities, in
            particular with respect to the combined businesses of test and assurance, positioning, enterprise and communications. For example, in infrastructure testing, the Viavi Group and the Spirent Group sales are primarily in different tests, and in
            mobile communications and assurance networks the Viavi Group and the Spirent Group have different focuses. In addition, the Spirent Group will bring its presence in positioning to the Combined Group and the Viavi Group will bring its presence
            in optical scanners, offering additional opportunity to market new products and services to the Combined Group&#8217;s customers;</font></td>
      </tr>

  </table>
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>broader customer base</b>: the Spirent Group is aware of its customers&#8217; desire for broader
            solutions to address their business problems, and the Acquisition will provide the opportunity to sell Spirent&#8217;s products and services to a broader customer base, particularly in respect of the telecoms industry and enterprise customers. The
            Spirent Board is also confident that the Viavi Group shares the Spirent Group&#8217;s commitment to outstanding customer service; and</font></td>
      </tr>

  </table>
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        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>research and development</b>: the Spirent Group and the Viavi Group together have had significant
            combined research and development investment. The Spirent Group has invested heavily in research and development in recent years and the combination of the Spirent Group&#8217;s research and development functions with the Viavi Group&#8217;s will enhance
            financial and operational resources to further develop a leading position in this area.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Information on Viavi and Bidco</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Bidco </i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bidco is a limited company registered in England and
      Wales and incorporated on 26 February 2024. Bidco is an indirect wholly owned subsidiary of Viavi. Bidco was formed for the purposes of the Acquisition and has not traded since its date of incorporation, nor has it entered into any obligations other
      than in connection with the Acquisition. Further details in relation to Bidco will be contained in the Scheme Document.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Viavi</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi is the ultimate parent company of the Viavi Group,
      a <font style="background-color: white">global leader in communications test and measurement and optical technologies</font>. The Viavi Group enables customer innovation in industries ranging from telecommunication networks, cloud, hyperscale and
      enterprise data centres to consumer electronics and mission-critical avionics, transportation, aerospace, and anti-counterfeiting systems.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Viavi Group&#8217;s tools and intelligence help service
      providers, NEMs, and IT organisations build, test, certify, monitor, maintain, optimise, and troubleshoot complex physical and virtual networks.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As a global provider in advanced thin film coatings, the
      Viavi Group enables precision optical products, including security pigments, light shaping optics, and custom filter technology for commercial and government customers worldwide.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Viavi Group has approximately 3,600 employees and
      serves a broad, global customer base, including Am&#233;rica M&#243;vil, AT&amp;T Inc., Lumen Technologies, Inc. (formerly CenturyLink, Inc.), Cisco Systems, Inc., Nokia Corporation, British Telecom Openreach, Deutsche Telekom AG and Verizon Communications
      Inc.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Although the Viavi Group already had a UK presence, it
      increased its UK presence following its successful acquisition and integration of Cobham&#8217;s test and measurement business in 2018. Since then, the Viavi Group has continued to invest in its UK business, and currently has approximately 400 employees,
      including more than 200 focused on research and development and product development, based at three locations across the UK.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi&#8217;s shares are publicly listed on NASDAQ with a
      current market capitalisation of approximately US$2.2 billion as at 4 March 2024 (being the last Business Day prior to publication of this announcement). For the financial year ended 1 July 2023, Viavi reported consolidated revenues of US$1,106
      million (2022: US$1,292 million).</font></p>
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        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>8</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Information on Spirent</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Group is a global provider of automated test
      and assurance solutions for networks, cybersecurity, and positioning. The Spirent Group provides products, services and managed solutions that address the test, assurance and automation challenges of technologies, including 5G, SD-WAN, cloud, and
      autonomous vehicles.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent&#8217;s international positioning, navigation and
      timing business also addresses the needs of customers in research and development, verification and integration testing, including the testing of hybrid positioning and sensor fusion under real-world conditions.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Group&#8217;s strategy is built on three pillars:
      (i) customer-centricity; (ii) innovation for growth; and (iii) operational excellence. The Spirent Group is executing on this strategy to further develop its offerings into live networks, increasing its recurring revenue streams, and providing
      value-added services and solutions across the product portfolio.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Group has approximately 1,500+ employees,
      and serves approximately 1,100 customers in over 50 countries. The Spirent Group is headquartered in Crawley, UK and has a presence in 10 additional locations including Holmdel New Jersey, Calabasas California, Paignton UK, Plano Texas, Honolulu
      Hawaii, Beijing China and Bangalore India.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">For the financial year ended 31 December 2023, the
      Spirent Group generated revenue of US$474 million (2022: US$608 million), and adjusted operating profit of US$45 million (2022: US$130 million). The business performance is underpinned by a material order book, a strong balance sheet with a material
      cash balance and robust cash flows.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent is a public limited company registered in
      England and Wales. The Spirent Shares are listed on the premium segment of the Official List and to trading on the main market of the London Stock Exchange. Spirent also operates the Spirent ADR Programme for which The Bank of New York Mellon acts as
      Depositary. Each Spirent ADR represents four Spirent Shares. The Spirent ADRs trade in the US on the OTC Pink market.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>9</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Spirent Current Trading</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent has today published its audited final results
      for the year ended 31 December 2023 (the &#8220;<b>Spirent Results</b>&#8221;). A copy of the Spirent Results will be made available on Spirent&#8217;s website at https://corporate.spirent.com/investors/results.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>10</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Directors, Management, Employees, Pensions, Research and Development, and Locations</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Viavi&#8217;s strategic plans and intentions with regard
          to Spirent&#8217;s business </i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As part of its long-term global strategy, Viavi and
      Bidco intend to build Spirent&#8217;s expertise in designing automated testing and assurance solutions for networks, security and positioning and its strong customer relationships into centres of excellence of the Combined Group, focused on innovation and
      development.</font></p>
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    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">22</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi believes that, due to the complementary nature of
      their respective businesses, there is a strong strategic fit between the Spirent Group&#8217;s business and the Viavi Group&#8217;s business. The Spirent Group&#8217;s product offerings and technological assets are highly complementary to the Viavi Group&#8217;s existing
      portfolio and the product diversity of the combined portfolios will enable the Combined Group to deliver better and more comprehensive solutions for various customers.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Bidco believe that the Viavi Group can better
      serve its customers by combining its product offerings with the Spirent Group&#8217;s complementary product portfolio. The Viavi Group also believes that the Spirent Group&#8217;s existing business would benefit from the opportunity to market a broader product
      offering and range of services to existing and new customers.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Prior to this announcement, consistent with market
      practice, Viavi and Bidco have been granted access to the Spirent Group&#8217;s senior management team for the purpose of undertaking confirmatory due diligence into the Spirent Group&#8217;s business and operations as well as for the purposes of the potential
      synergy and cost savings analysis as described in paragraph 3. This has enabled Viavi and Bidco to develop a preliminary strategy for the combined business as well as a preliminary assessment of potential synergy and cost saving opportunities for the
      Acquisition based on such information (as well as on its <font style="background-color: white">own outside-in perspectives)</font>. However, Viavi and Bidco have not yet had access to sufficiently detailed information to formulate detailed plans or
      intentions regarding the impact of the Acquisition on the Spirent Group and this review will remain ongoing in the period to Completion.</font></p>
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      Spirent Group&#8217;s leadership team to complete a full evaluation of the operations of the Spirent Group in order to confirm their assessment (the &#8220;<b>Post-Completion Review</b>&#8221;). The scope of the Post-Completion Review will include:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">a review of the existing and future potential strategy of the Spirent Group, its markets, customers,
            product offerings, potential liability risks and specific contracts;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

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  </table>
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  </table>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      </tr>

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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>UK strategic capability and commitment</i></b></font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      Group has made in its technology and the infrastructure and expertise within the Spirent Group and believes that research and development is important for the long-term success of the Combined Group.</font></p>
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      UK presence by successfully acquiring and integrating Cobham&#8217;s test and measurement business in 2018. Since then, the Viavi Group has continued to invest in its UK business, including both research and development and other corporate functions, and
      currently has approximately 400 employees, including more than 200 focused on research and development and product development, based at three locations across the UK.</font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Viavi Group intends to continue to invest in
      research and development following Completion in order to drive new and ongoing successful technology development and product innovation in particular with regard to artificial intelligence and machine learning, security, cloud-native architecture
      and automation. While these general areas of focus for development and innovation have been identified based on the work undertaken by Viavi and Bidco to date, the specific areas where further research and development investment is required have not.
      Viavi and Bidco will perform a full review of the Spirent Group&#8217;s product development roadmap and existing research and development functions as part of the Post-Completion Review. This may lead to the identification of business areas where
      expenditure can be increased in order to develop new, highly valued functionality or to accelerate the existing product development roadmap. Due to the Spirent Group and the Viavi Group&#8217;s highly complementary technologies, Viavi and Bidco do not
      intend to make material headcount reductions within the research and development teams of the Combined Group.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Following Completion, Viavi and Bidco intend to conduct
      further analysis to ascertain which products have the potential to be built on more broadly across the wider Viavi Group. Any such products will have their product development roadmap prioritised.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Employees and management</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Bidco greatly value the skills, experience and
      expertise of the Spirent Group&#8217;s management and employees and attach great importance to their value and contribution in the context of the future success of the Combined Group as a business going forward. Identifying and retaining key staff within
      the Combined Group following Completion will be of critical importance to Viavi and Bidco. Viavi and Bidco believe that employees will benefit from greater growth and career opportunities through being part of the larger Combined Group.</font></p>
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      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As part of the Post-Completion Review, Viavi and Bidco
      intend to look at ways to optimise the structure of the Combined Group in order to achieve the anticipated benefits of the Acquisition whilst maintaining a meaningful presence in the UK. Viavi and Bidco&#8217;s synergy and preliminary evaluation work
      carried out to date to identify potential efficiencies and cost synergies arising from the Acquisition has identified that, in order to achieve the expected benefits of the Acquisition, as noted in paragraph 3, the rationalisation of design
      resources, as well as in relation to engineering tools and licences, &#8220;go-to market&#8221; resources, budgets and within the supply chain, will be required. In addition, along with organisational effectiveness improvements, Viavi and Bidco anticipate that
      cost synergies will be achieved through the elimination or reduction of functions and expenses which have historically been related to Spirent&#8217;s status as a listed company that will no longer be required due to Spirent ceasing to be a listed company.
      Cost synergies may also be achieved through the elimination of overlapping systems, infrastructure, facilities, contracts and shared services. Based on Viavi&#8217;s preliminary evaluation, the synergy plan suggests headcount reductions of less than ten
      per cent. across the Combined Group.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      management integration with the aim of retaining and motivating the best talent across the Combined Group to create a best-in-class organisation. The planning, preparation, finalisation and implementation of any headcount reductions will be subject
      to comprehensive planning and appropriate engagement with stakeholders, including affected employees and any appropriate employee representative bodies. It is anticipated that efforts will be made to mitigate headcount reductions through
      redundancies, via natural attrition, the elimination of vacant roles and alternative job opportunities. Any affected individuals will be treated in a manner consistent with the Viavi Group&#8217;s high standards, culture and practices as well as in
      accordance with the relevant terms of the Co-operation Agreement.</font></p>
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      statutory employment rights and terms and conditions of employment, of the management and employees of the Spirent Group, will be safeguarded and observed in accordance with applicable laws. Viavi&#8217;s and Bidco&#8217;s plans for the Spirent Group do not
      involve any material change in the employment of, or in the conditions of employment of, Spirent Group employees, unless otherwise agreed with the relevant employee. Upon and following Completion, Viavi and Bidco intend (subject to the relevant terms
      of the Co-operation Agreement) to align the conditions of employment of the employees and management of the Spirent Group with the Viavi Group&#8217;s employment policies, however neither Viavi nor Bidco have any detailed plans or intentions in this
      regard.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">It is intended that, with effect from the Effective
      Date, each of Spirent&#8217;s non-executive directors will resign from their office as a director of Spirent.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      intend to make any material changes to the balance of skills and functions of the employees or management of the Spirent Group.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Pension schemes</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      the agreed employer contributions into the Spirent Group&#8217;s existing defined benefit and defined contribution pension schemes (including with regard to current arrangements for the funding of any scheme deficit in the defined benefit pension scheme),
      the accrual of benefits for existing members or the admission of new members to such pension schemes following Completion.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Locations of business, fixed assets, and
          headquarters</i></b></font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The preliminary evaluation work carried out to date has
      identified that the Acquisition provides the opportunity to optimise the Spirent Group&#8217;s and the Viavi Group&#8217;s offices, facilities and locations, particularly in San Jose, California, where facilities are in close proximity. The Viavi Group also
      intends to integrate the Spirent Group&#8217;s headquarter functions with those of the Viavi Group following completion of the Acquisition. As part of the Post-Completion Review, Viavi intends to perform a full review of all of the Combined Group&#8217;s
      expanded office and real estate footprint globally (with a particular focus on the Spirent Group&#8217;s locations of business, including Spirent&#8217;s headquarters) and this may lead to the identification of requirements for new locations, locations for
      future growth and investment or opportunities for consolidation in order to optimise the Combined Group&#8217;s expense base,<font style="background-color: white">&#160;as well as to enable colleagues to work more closely together and enhance the corporate
        culture</font>. <font style="background-color: white">As the review will be across the Combined Group, Viavi and Bidco anticipate that a combination of existing Viavi Group and Spirent Group office and locations would be retained rather than just
        retaining Viavi Group offices.</font></font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">25</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Save as set out above with respect to the optimisation
      and integration of certain locations of business, Viavi and Bidco have no intention to redeploy the fixed assets of Spirent.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Incentivisation and retention arrangements </i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Other than as set out in paragraph 12, neither Viavi nor
      Bidco has entered into, nor has had discussions on proposals to enter into, any form of incentivisation arrangements with members of the Spirent Group&#8217;s management.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Trading facilities </i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent is currently admitted to the premium listing
      segment of the Official List and to trading on the main market of the London Stock Exchange and, as set out in paragraph 16 below, application shall be made to the FCA and the London Stock Exchange to cancel such admissions to listing and trading of
      Spirent Shares with effect from (and subject to) Completion. It is also intended that, following the Effective Date and de-listing, Spirent will be re-registered as a private company.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">It is also intended that, following the Effective Date,
      the Spirent ADR Programme will be terminated.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">None of the statements in this paragraph 10 constitute
      &#8220;post-offer undertakings&#8221; for the purposes of Rule 19.5 of the Takeover Code.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Views of the Spirent Board </i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In considering the recommendation of the Acquisition to
      Spirent Shareholders, the Spirent Directors have given due consideration to Viavi and Bidco&#8217;s intentions for the Spirent Group&#8217;s business, management, employees and locations of business.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Directors are pleased to note the value
      attached by Viavi and Bidco to the skills, experience and expertise of the Spirent Group&#8217;s management and employees and the value Viavi and Bidco have attached to their value and contribution in the context of the future success of the Combined Group
      as a business group forward. The Spirent Directors welcome Viavi and Bidco&#8217;s intentions that:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">following Completion, Viavi and Bidco intend to work with the Spirent Group&#8217;s leadership team to
            complete a full evaluation of the operations of the Spirent Group;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Bidco intend to be a responsible steward of the Spirent Group&#8217;s business and to demonstrate
            a commitment to supporting the success of the UK;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Bidco intend to approach employee and management integration with the aim of retaining and
            motivating the best talent across the Combined Group;</font></td>
      </tr>

  </table>
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    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">26</font></div>
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      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Bidco will appropriately plan and engage with stakeholders in relation to employee and
            management integration, including any affected employees and any appropriate employee representative bodies, and that redundancies will be mitigated via natural attrition, the elimination of vacant roles and alternative job opportunities; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">existing contractual and statutory employment rights and terms and conditions of employment, including
            in relation to pensions, will be safeguarded and observed in accordance with applicable law.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>11</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Spirent Share Plans</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Participants in the Spirent Share Plans will be
      contacted regarding the effect of the Acquisition on their rights under the Spirent Share Plans and, where required, appropriate proposals shall be made to such participants pursuant to Rule 15 of the Takeover Code in due course.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Further details of the terms of such proposals shall be
      included in the Scheme Document (or, if Bidco has elected (with the consent of the Panel and subject to the terms of the Co-operation Agreement) to exercise its right to implement the Acquisition by way of a Takeover Offer, the Offer Document) and in
      separate letters to be sent to participants in the Spirent Share Plans.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>12</i></b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Arrangements between Viavi and Spirent Management</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Bidco wish to incentivise and retain key
      employees in the Spirent business in order to ensure successful Completion and to protect the business to be acquired. Accordingly, Viavi and Bidco have: (i) acknowledged that Spirent may implement certain employee retention arrangements for a number
      of key Spirent Group employees identified by Spirent; and (ii) agreed that Viavi and Bidco will implement retention arrangements for Spirent&#8217;s executive directors which are conditional on Completion of the Acquisition, subject to the relevant
      employees being employed by the Spirent Group or Viavi Group on, and not having resigned prior to, the payment date except that where the relevant employee has, on or prior to the payment date, been subject to a Qualifying Termination or given or
      received notice of Qualifying Termination, payment shall be made in full within 30 days of the date of such Qualifying Termination if earlier.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As part of this, Eric Updyke, Chief Executive Officer of
      the Spirent Group, and Paula Bell, Chief Financial and Operations Officer of the Spirent Group, will each be entitled to receive cash payments from Viavi of 200 per cent. and 175 per cent. of their annual salaries, respectively, less any legally
      required deductions and subject to Completion and Spirent ceasing to be listed on the Official List of the London Stock Exchange. Subject to the leaver terms above, each executive will be paid 50 per cent. as soon as reasonably practicable following
      Spirent ceasing to be listed on the Official List of the London Stock Exchange and 50 per cent. as soon as reasonably practicable following the date falling six months following the Effective Date (the &#8220;<b>Executive Retention Arrangements</b>&#8221;).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Confirmations from Rothschild &amp; Co and UBS </i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As required by, and solely for the purposes of, Rule
      16.2 of the Takeover Code, Rothschild &amp; Co and UBS have (in their capacity as independent advisers to Spirent for the purposes of Rule 3 of the Takeover Code) reviewed the terms of the Executive Retention Arrangements as described above together
      with other information deemed relevant and advised Spirent that the Executive Retention Arrangements are fair and reasonable. In providing their advice, Rothschild &amp; Co and UBS have taken into account the commercial assessments of the Spirent
      Directors.</font></p>
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    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">27</font></div>
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  </div>
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      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>13</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Financing</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The full cash consideration payable under the
      Acquisition, together with certain fees and expenses in connection with the Acquisition, is being fully funded by a combination of: (i) cash resources available to Viavi; (ii) a US$400 million investment from Silver Lake in the form of Convertible
      Notes (as defined below) issued by Viavi to Silver Lake as further described below; and (iii) debt financing as described below.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The US$400 million investment by Silver Lake is being
      made in the form of fully committed 7.5 year, 4.00 per cent. or 4.50 per cent. convertible senior payment-in-kind toggle notes (the &#8220;<b>Convertible Notes&#8221;</b>) with an initial conversion price of US$10.22 per share issued by Viavi to Silver Lake
      pursuant to the Investment Agreement between Viavi and Silver Lake<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1 </sup>dated 5 March 2024. In connection with the investment, Ken Hao, Chairman and a Managing Partner of
      Silver Lake, will join the Viavi Board.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The debt financing comprises: (i) a US$800 million
      7-year senior secured term loan (the &#8220;<b>Term Loan</b>&#8221;); (ii) a US$300 million senior secured 364-day cash flow term loan (the &#8220;<b>Cash Flow Facility</b>&#8221;); and (iii) a US$100 million senior secured revolving credit facility (the &#8220;<b>Revolving
        Credit Facility</b>&#8221;).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi has obtained fully underwritten commitments from
      Wells Fargo Bank, N.A. (the &#8220;<b>Lender</b>&#8221;) to provide the Term Loan, the Cash Flow Facility, the Revolving Credit Facility, and, if applicable, each of the Interim Facilities pursuant to the Interim Facilities Agreement (each as defined below).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">To the extent the relevant portion of the full cash
      consideration payable under the Acquisition, together with the fees and expenses in connection with the Acquisition, is not funded at Completion with the proceeds of the Term Loan, the Revolving Credit Facility and/or the Cash Flow Facility, such
      amounts will be funded from the proceeds of a US$1,100 million interim term loan facility (the &#8220;<b>Interim Term Loan Facility</b>&#8221;) and, at Viavi&#8217;s option, a US$100 million interim revolving credit facility (together with the Interim Term Loan
      Facility, the &#8220;<b>Interim Facilities</b>&#8221;) in each case made available to Viavi pursuant to an interim facilities agreement entered into between, among others, Viavi as borrower and the Lender as interim lender (the &#8220;<b>Interim Facilities Agreement</b>&#8221;).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; background-color: white">The funds borrowed by Viavi to
      fund the cash consideration will be made available to Bidco pursuant to an intercompany loan facility. </font><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Given that the Term Loan, Convertible Note, Cash Flow Facility and
      Interim Term Loan Facility are denominated in US dollars and the cash consideration payable to Spirent Shareholders in connection with the Acquisition is denominated in GBP, for the purposes of satisfying its obligations to Spirent Shareholders in
      connection with the full cash consideration payable in connection with the Acquisition, Viavi has put in place specific foreign currency hedging arrangements to address GBP:US$ currency fluctuations between the date of this announcement and the time
      of payment of the cash consideration to Spirent Shareholders in connection with the Acquisition.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Wells Fargo Securities, financial adviser to Viavi and
      Bidco, confirms that it is satisfied that sufficient resources are available to Bidco to satisfy in full the cash consideration payable under the terms of the Acquisition.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Further information on the financing of the Acquisition
      will be set out in the Scheme Document.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"></p>
  <!-- Field: Rule-Page -->
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  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">28</font></div>
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      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
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        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>14</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Offer-related Arrangements</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Confidentiality Agreement</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Spirent entered into a confidentiality
      agreement on 29 January 2024 (the &#8220;<b>Confidentiality Agreement</b>&#8221;), pursuant to which, among other things, Viavi and Spirent have undertaken to keep information relating to each other confidential and not to disclose it to third parties (other
      than to certain permitted recipients) unless required by law or regulation. Viavi has also undertaken to use confidential information of Spirent only in connection with the Acquisition. These obligations shall remain in force for a period of 18
      months from the date of the Confidentiality Agreement or until Completion.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Confidentiality Agreement also contains undertakings
      from Viavi that, for a period of nine months from the date of the Confidentiality Agreement, Viavi shall not solicit or employ (subject to certain customary exceptions) certain of Spirent&#8217;s officers or senior managers.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi has also agreed to customary standstill
      arrangements pursuant to which Viavi has agreed that it shall not (among other things) acquire Spirent Shares or any interest in any Spirent Shares without the prior written consent of Spirent. These restrictions fall away immediately following the
      making of this announcement.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Clean Team Agreement</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Spirent also entered into a clean team
      agreement dated 13 February 2024 (the &#8220;<b>Clean Team Agreement</b>&#8221;), the purpose of which is to set out terms governing the disclosure of competitively sensitive information by or on behalf of Spirent to certain specified employees of Viavi who are
      not involved in day-to-day commercial or strategic operations and decisions of Viavi and their external advisers only, as well as the related analysis, reporting and potential return or destruction of such information.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Confidentiality and Joint Defence Agreement </i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Further, Viavi, Spirent and their respective external
      regulatory counsel have entered into a confidentiality and joint defence agreement (the &#8220;<b>Confidentiality and Joint Defence Agreement</b>&#8221;) dated 5 February 2024, the purpose of which is to ensure that the exchange and/or disclosure of certain
      materials relating to the parties and in relation to, in particular, the anti-trust and regulatory workstream only takes place between their respective external regulatory counsel and external experts, and does not diminish in any way the
      confidentiality of such materials and does not result in a waiver of any privilege, right or immunity that might otherwise be available.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Co-operation Agreement </i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Pursuant to a co-operation agreement dated on or around
      the date of this announcement between Spirent, Viavi and Bidco (the &#8220;<b>Co-operation Agreement</b>&#8221;), among other things: (i) Spirent and Bidco have agreed to certain undertakings to co-operate and provide each other with information, assistance and
      access in a timely manner in relation to the filings, notifications or submissions as are necessary for the purposes of satisfying the regulatory conditions; (ii) Bidco has agreed to provide Spirent with certain information for the purposes of the
      Scheme Document and to otherwise assist with the preparation of the Scheme Document; (iii) Bidco and Spirent have agreed to certain provisions providing Bidco with the ability to effect the Acquisition by way of a Takeover Offer rather than the
      Scheme (and Bidco and Spirent have agreed to certain customary provisions if Bidco elects to implement the Acquisition by means of a Takeover Offer); and (iv) Spirent, Viavi and Bidco have agreed certain arrangements in respect of employees and the
      Spirent Share Plans, as well as directors&#8217; and officers&#8217; insurance.</font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">29</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Pursuant to the Co-operation Agreement, Bidco shall use,
      and shall procure that the members of the Viavi Group shall use, all reasonable endeavours to satisfy the regulatory conditions as promptly as practicable (and in any event, in sufficient time so as to enable the Effective Date to occur prior to the
      Long Stop Date). This shall include accepting the imposition of, or the offering of, a remedy which Bidco considers (in good faith) to be reasonable to obtain the clearances, provided that nothing in the Co-operation Agreement shall require Bidco or
      any member of the Viavi Group to take any action (including accepting the imposition of, or offering, any remedy) which would, individually or in the aggregate, be of material significance to the Viavi Group or the Spirent Group in the context of the
      Acquisition (as such material significance is or would fall to be determined by the Panel under the Takeover Code).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Co-operation Agreement shall be terminated with
      immediate effect:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">if Viavi, Bidco and Spirent so agree in writing at any time prior to the Effective Date;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">upon service of written notice by Bidco to Spirent, if the Spirent Directors change their
            recommendation in certain circumstances;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">upon service of written notice by either Bidco to Spirent or Spirent to Bidco, if:</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.75in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9675;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Scheme is not approved by the requisite majority of Spirent Shareholders at the Court Meeting or
            the Special Resolution(s) are not passed by the requisite majority of Spirent Shareholders at the Spirent General Meeting;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.75in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9675;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Court makes a final determination not to sanction the Scheme;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.75in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9675;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">prior to the Long Stop Date, any Condition has been invoked by Bidco (where the invocation of the
            relevant Condition has been specifically permitted by the Panel);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.75in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9675;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">prior to the Long Stop Date, a third party announces a firm intention to make an offer for Spirent
            which completes, becomes effective or becomes or is declared unconditional;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.75in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9675;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">if the Acquisition lapses, terminates or is withdrawn on or prior to the Long Stop Date other than:
            (i) as a result of Bidco&#8217;s right to switch to a Takeover Offer; or (ii) it is otherwise to be followed within five Business Days (or such other period as Bidco and Spirent may agree in writing) by a firm offer announcement made by Bidco (or a
            person acting in concert with Bidco) to implement the Acquisition by a different offer or scheme on substantially the same or improved terms and which is (or is intended to be) recommended by the Spirent Directors; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.75in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9675;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">unless otherwise agreed by the parties in writing or required by the Panel, if the Effective Date has
            not occurred on or before the Long Stop Date.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>15</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Structure of and Conditions to the Acquisition</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">It is intended that the Acquisition will be implemented
      by means of a Court-approved scheme of arrangement between Spirent and Spirent Shareholders under Part 26 of the Companies Act, although Bidco reserves the right to implement the Acquisition by means of a Takeover Offer (subject to the consent of the
      Panel and the terms of the Co-operation Agreement).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The purpose of the Scheme is to provide for Bidco to
      become the holder of the entire issued and to be issued share capital of Spirent. This is to be achieved by the transfer of the Spirent Shares to Bidco, in consideration of which the Spirent Shareholders who are on the register of members at the
      Scheme Record Time shall receive cash consideration on the basis set out in paragraph 2 of this announcement. The transfer of the Spirent Shares to Bidco will result in Spirent becoming a wholly owned subsidiary of Bidco. In addition, each Spirent
      Shareholder who is on the register of members at the Scheme Record Time shall be entitled to receive the Permitted Dividend.</font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">30</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Acquisition is subject to the Conditions and further
      terms set out below and in Appendix I to this announcement and to be set out in the Scheme Document and will only become Effective if, among other things, the following events occur on or before 11.59 p.m. on the Long Stop Date:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 27pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the approval of the Scheme by a majority in number of the Spirent Shareholders who are present and
            vote (and are entitled to vote), whether in person or by proxy, at the Court Meeting and who represent 75 per cent. or more in value of the Spirent Shares voted by such Spirent Shareholders;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 27pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Special Resolution(s) required to approve and implement the Scheme being duly passed by 75 per
            cent. or more of the votes cast at the Spirent General Meeting;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 27pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">certain merger control, and foreign investment and other regulatory approvals (including, among
            others, in the US, the UK, France and Germany) being obtained;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 27pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iv)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the sanction of the Scheme by the Court (with or without modification but subject to any modification
            being on terms acceptable to Spirent and Bidco); and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 27pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(v)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">following such sanction, the delivery of a copy of the Court Order to the Registrar of Companies.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Conditions in paragraph 2 of Part A of Appendix I to
      this announcement provide, among other things, that the Scheme will lapse if:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Court Meeting and the Spirent General Meeting are not held by the 22nd day after the expected date
            for such meetings that shall be specified in the Scheme Document in due course (or such later date as may be agreed between Bidco and Spirent);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Court Hearing is not held by the 22nd day after the expected date of such hearing to be set out in
            the Scheme Document in due course (or such later date as may be agreed between Bidco and Spirent); or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Scheme does not become Effective by 11.59 p.m. on the Long Stop Date,</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">provided, however, that the deadlines for the timing of
      the Court Meeting and the Spirent General Meeting as set out above may be waived by Bidco, and the Long Stop Date may be extended by agreement between Spirent and Bidco and with the consent of the Panel and (where relevant) the Court. Subject to
      satisfaction (or waiver, where applicable) of the Conditions, the Scheme is expected to become Effective during the second half of 2024.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Upon the Scheme becoming Effective: (i) it shall be
      binding on all Spirent Shareholders, irrespective of whether or not they attended or voted at the Court Meeting or the Spirent General Meeting (and, if they voted, irrespective of whether or not they voted in favour); and (ii) any share certificates
      in respect of Spirent Shares will cease to be valid and should be destroyed, and entitlements to Spirent Shares held within the CREST system will be cancelled.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The terms of the Scheme will provide that the <font style="background-color: white">Spirent Shares acquired under the Scheme shall be acquired fully paid and free from all liens, equitable interests, charges, encumbrances, options, rights of pre-emption and any other third party rights and interests
        of any nature and together with all rights now or hereafter attaching or accruing to them, including, without limitation, voting rights and the right to receive and retain in full all dividends and other distributions (if any) declared, made or
        paid, or any other return of value (whether by reduction of share capital or share premium account or otherwise) made, on or after the Effective Date, save for the Permitted Dividend.</font></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Further details of the Scheme, including an indicative
      timetable for its implementation, shall be set out in the Scheme Document. It is expected that the Scheme Document and the Forms of Proxy accompanying the Scheme Document for use at the Court Meeting and the Spirent General Meeting will be
      distributed to Spirent Shareholders as soon as reasonably practicable and in any event within 28 days of the date of this announcement or such later date as Spirent, Bidco and the Panel may agree, and that the Court Meeting and the Spirent General
      Meeting will be held as soon as practicable thereafter. The Scheme Document and associated Forms of Proxy will be made available to all Spirent Shareholders at no charge to them.</font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">31</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
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      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>16</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>De-listing and Re-registration</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Prior to the Scheme becoming Effective, application
      shall be made to the FCA and London Stock Exchange for the cancellation of trading of the Spirent Shares on the London Stock Exchange&#8217;s main market for listed securities and for the cancellation of the listing of the Spirent Shares on the premium
      segment of the Official List, in each case to take effect on or shortly after the Business Day following the Effective Date. It is expected that the last day for dealings in Spirent Shares on the main market of the London Stock Exchange is expected
      to be the last Business Day immediately prior to the Effective Date and no transfers shall be registered after 6.00 p.m. (London time) on that date.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">On the Effective Date, any share certificates in respect
      of Spirent Shares shall cease to be valid and entitlements to Spirent Shares held within the CREST system shall be cancelled.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">It is also intended that, following the Effective Date,
      the Spirent ADR Programme will be terminated.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">It is also intended that, following the Scheme becoming effective, Spirent
      will be re-registered as a private company under the relevant provisions of the Companies Act.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in">&#160;</p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>17</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Dividends</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As part of the Acquisition, the boards of Viavi, Bidco
      and Spirent have agreed the declaration and payment of the Permitted Dividend in lieu of a final dividend for the year ended 31 December 2023. The Permitted Dividend is expected to be declared by the Spirent Board prior to the Effective Date and will
      be conditional upon, and only be payable if, the Scheme becomes Effective (or, if the Acquisition is implemented by way of a Takeover Offer, the Takeover Offer is becomes or is declared unconditional) to Spirent Shareholders on the register of
      members at the Scheme Record Time (or, if the Acquisition is implemented by way of Takeover Offer, on the register of members on the date on which the Takeover Offer becomes or is declared unconditional). The Permitted Dividend will be paid not more
      than 14 days after the Effective Date and in the manner to be specified in the Scheme Document (or, if applicable, in the manner specified in the Offer Document).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi, Bidco and Spirent have agreed that the Spirent
      Board may declare and pay the Permitted Dividend without any reduction in the Acquisition Price. If,&#160;on or after the date of this announcement and prior to the Effective Date,&#160;any dividend, distribution, or other return of value is declared, made, or
      paid or becomes payable by Spirent (other than the Permitted Dividend),&#160;Bidco reserves the right to reduce the Acquisition Price payable under the terms of the Acquisition for the Spirent Shares by an amount equal to the amount of any such dividend,
      distribution or other return of value. In such circumstances, the Spirent Shareholders shall be entitled to retain any such dividend, distribution, or other return of value declared, made, or paid.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>18</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>The Spirent ADRs</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Shares underlying the Spirent ADRs will be
      included in the Acquisition. The entitlement of Spirent ADR Holders to receive the Acquisition Price under the terms of the Acquisition in respect of the Spirent Shares underlying their Spirent ADRs will be determined in accordance with the terms and
      conditions of the Spirent ADR Programme Deposit Agreement.</font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">32</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">It is intended that, following the Effective Date, the
      Spirent ADR Programme will be terminated.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In addition, Spirent ADR Holders will not be entitled to
      vote directly on the Scheme or the Acquisition. Spirent ADR Holders will have the right to instruct the Depositary how to vote the Spirent Shares in respect of the Spirent Shares underlying their Spirent ADRs, subject to and in accordance with the
      terms and conditions of the Spirent ADR Programme Deposit Agreement. Spirent ADR Holders should take particular notice of the deadline for providing voting instructions, which may be earlier than that applicable to holders of Spirent Shares.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent ADR Holders that wish to vote directly on the
      Scheme and the Acquisition must surrender their Spirent ADRs to the Depositary, pay the Depositary&#8217;s fees and charges in accordance with the Spirent ADR Programme Deposit Agreement and become holders of Spirent Shares prior to the Voting Record Time,
      and in each case subject to and in accordance with the terms of the Spirent ADR Programme Deposit Agreement. Spirent ADR Holders that wish to vote directly on the Scheme and the Acquisition should take care to surrender their Spirent ADRs in time to
      permit processing to be completed by the Depositary and its custodian prior to the Voting Record Time. Spirent ADR Holders that hold Spirent ADRs through a broker or other securities intermediary should contact the intermediary to determine the date
      by which they must instruct that intermediary to act in order that the necessary processing can be completed on time.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>19</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Disclosure of Interests in Spirent</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As at the close of business on 4 March 2024 (being the
      latest practicable date prior to the date of this announcement), with the exception of the irrevocable undertakings referred to in paragraph 4 and Appendix III to this announcement, so far as Viavi and/or Bidco (as applicable) are aware neither Viavi
      nor Bidco, nor any of their directors or any person acting, or deemed to be acting, in concert (within the meaning of the Takeover Code) with Viavi or Bidco:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">had any interest in, or right to subscribe for, or had any arrangement in relation to, Spirent Shares
            or any relevant securities of Spirent;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">had any short position in relation to any Spirent Shares or any relevant securities of Spirent,
            whether conditional or absolute and whether in the money or otherwise, including any short position under a derivative, any agreement to sell or any delivery obligation or right to require another person to purchase or take delivery of, any
            Spirent Shares or any relevant securities of Spirent;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">had any dealing arrangement of the kind referred to in Note 11 on the definition of &#8220;acting in
            concert&#8221; in the Takeover Code, in relation to Spirent Shares or in relation to any securities convertible or exchangeable into Spirent Shares;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">had procured an irrevocable commitment or letter of intent to accept the terms of the Acquisition in
            respect of Spirent Shares or any relevant securities of Spirent; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">has borrowed or lent any Spirent Shares or relevant securities of Spirent (including, for these
            purposes, any financial or collateral arrangements of the kind referred to in Note 3 on Rule 1.6 of the Takeover Code).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">It has not been practicable for Viavi and Bidco to make
      enquiries of all persons acting in concert with it in advance of the release of this Announcement. Therefore, if Viavi or Bidco becomes aware, following the making of such enquiries, that any of its concert parties have any such interests in relevant
      securities of Spirent, all relevant details in respect of Viavi or Bidco&#8217;s concert parties will be included in Bidco&#8217;s Opening Position Disclosure in accordance with Rule 8.1(a) and Note 2(a)(i) on Rule 8 of the Takeover Code.</font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">33</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#8220;<b>Interests in securities</b>&#8221; for these purposes
      arise, in summary, where a person has long economic exposure, whether absolute or conditional, to changes in the price of securities (and a person who has a short position in securities is not treated as interested in those securities). In
      particular, a person shall be treated as having an &#8220;interest&#8221; by virtue of the ownership, voting rights or control of securities, or by virtue of any agreement to purchase, option in respect of, or derivative referenced to, securities.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>20</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>General</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bidco reserves the right to elect (with the consent of
      the Panel and subject to the terms of the Co-operation Agreement) to implement the Acquisition by way of a Takeover Offer for the entire issued and to be issued share capital of Spirent as an alternative to the Scheme.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In such event, the Takeover Offer shall be implemented
      on substantially the same terms, so far as applicable, and subject to the terms of the Co-operation Agreement, as those which would apply to the Scheme, subject to appropriate amendments, including (without limitation) the inclusion of an acceptance
      condition set (subject to the Co-operation Agreement) at a level permitted by the Panel. Further, if sufficient acceptances of such Takeover Offer are received and/or sufficient Spirent Shares are otherwise acquired to do so, it would be the
      intention of Bidco to apply the provisions of the Companies Act to acquire compulsorily any outstanding Spirent Shares to which such Takeover Offer relates.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Acquisition shall be made subject to the Conditions
      and further terms set out in Appendix I to this announcement and to be set out in the Scheme Document. The bases and sources of certain financial information contained in this announcement are set out in Appendix II to this announcement. A summary of
      the irrevocable undertakings given in relation to the Acquisition is contained in Appendix III to this announcement. Certain terms used in this announcement are defined in Appendix IV to this announcement.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">It is expected that the Scheme Document will be
      published as soon as reasonably practicable and in any event within 28 days of this announcement or such later date as Spirent, Bidco and the Panel agree, and that the Court Meeting and the Spirent General Meeting will be held as soon as practicable
      thereafter. It is expected that the Scheme will become Effective (subject to, among other things, the satisfaction of certain regulatory conditions) during the second half of 2024. The Scheme Document and Forms of Proxy will be made available to
      Spirent Shareholders at no charge to them.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Each of Qatalyst Partners, Wells Fargo Securities,
      Rothschild &amp; Co, UBS and Jefferies has given and not withdrawn its consent to the publication of this announcement with the inclusion herein of the references to its name in the form and context in which they appear.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent has, <font style="color: #212529">immediately
        before the publication of this announcement, published its audited results for the financial year ended 31 December 2023.</font> There will be a Spirent conference call for investors and analysts at 8.30 a.m. on 5 March 2024 which will be
      accessible via Spirent&#8217;s website at https://corporate.spirent.com. A copy of the Spirent FY23 results presentation will be available on Spirent&#8217;s website at https://corporate.spirent.com.</font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">34</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>21</b></font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Documents Available on Website</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Copies of the following documents shall be made
      available on Viavi&#8217;s and Spirent&#8217;s websites at https://investor.viavisolutions.com/overview/default.aspx and https://corporate.spirent.com, respectively, until the Effective Date:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 14.4pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the irrevocable undertakings referred to in paragraph 4 above and summarised in Appendix III to this
            announcement;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Confidentiality Agreement;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Clean Team Agreement;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Confidentiality and Joint Defence Agreement;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the consents from Qatalyst Partners, Wells Fargo Securities, Rothschild &amp; Co, UBS and Jefferies to
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

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        <td>&#160;</td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">&#160;</td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right">&#160;</td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)20 3700 8820</font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td>&#160;</td>
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Wells Fargo Securities (Financial Adviser to Viavi and Bidco)</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)20 3942 8000</font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Rob Engel</font></td>
        <td>&#160;</td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
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          <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Preeti Raghupathi</font></p>
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        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Spirent Communications plc </b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)12 9376 7676</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
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        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Rothschild &amp; Co (Joint Lead Financial Adviser to Spirent)</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)20 7280 5000</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
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          <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Albrecht Stewen</font></p>
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        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>UBS (Joint Lead Financial Adviser and Corporate Broker to Spirent)</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)20 7567 8000</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
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        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">&#160;</td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-left: 0.15in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Jefferies (Financial Adviser and Corporate Broker to Spirent)</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tel: +44 (0)20 7029 8000</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
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        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
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  </table>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
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  <table style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.15in">
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      </tr>

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        authorised in the US by the Securities and Exchange Commission and regulated by the Financial Industry Regulatory Authority and the Securities and Exchange Commission in the US, is acting exclusively as financial adviser to Viavi and Bidco and will
        not be responsible to anyone other than Viavi and Bidco for providing the protections afforded to its client, or for providing advice in relation to the matters set out in this announcement. </i></font><i><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">No representation or warranty, express or implied, is made by Qatalyst Partners LP as to the contents of this announcement.</font></i></p>
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        Fargo &amp; Company, which is authorised by the Securities and Exchange Commission and regulated by the Financial Industry Regulatory Authority and the Securities and Exchange Commission in the USA, is acting exclusively as financial adviser to
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        than Spirent for providing the protections afforded to clients of Rothschild &amp; Co nor for providing advice in connection with the Acquisition or any matter referred to herein. Neither Rothschild &amp; Co nor any of its affiliates (nor their
        respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of
        Rothschild &amp; Co in connection with this announcement, any statement contained in this announcement, the acquisition of Spirent or otherwise. No representation or warranty, express or implied, is made by Rothschild &amp; Co as to the contents of
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        Authority in the UK. UBS is acting exclusively as corporate broker and financial adviser to Spirent and no one else in connection with the Acquisition. In connection with such matters, UBS will not regard any other person as its client, nor will it
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        other than Spirent for providing the protections afforded to clients of Jefferies nor for providing advice in connection with the Acquisition or any matter referred to herein. Neither Jefferies nor any of its affiliates (nor their respective
        directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Jefferies in
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>This announcement is for information purposes only
        and is not intended to, and does not, constitute or form part of any offer to sell, or an invitation to purchase, any securities or the solicitation of an offer to buy any securities, or of any vote or any approval in any jurisdiction, pursuant to
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        Acquisition, including details of how to vote in respect of the Acquisition. Any decision or vote in respect of, or acceptance of, the Acquisition should be made only on the basis of the information contained in the Scheme Document (or, if the
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>This announcement is not an advertisement and does
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>This announcement has been prepared for the purpose
        of complying with English law and the Takeover Code. The information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws of jurisdictions other than England and
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Spirent will prepare the Scheme Document to be
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Overseas Shareholders</i></b></font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>The release, publication or distribution of this
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        the Takeover Code, and permitted by applicable law and regulation, the Acquisition shall not be made available, directly or indirectly, in, into, or from a Restricted Jurisdiction where to do so would violate the laws in that jurisdiction and no
        person may vote in favour of the Acquisition by any such use, means, instrumentality, or form within a Restricted Jurisdiction or any other jurisdiction if to do so would constitute a violation of the laws of that jurisdiction. Accordingly, copies
        of this announcement and all documents relating to the Acquisition are not being, and must not be, directly or indirectly, mailed or otherwise forwarded, distributed or sent in, into, or from a Restricted Jurisdiction where to do so would violate
        the laws in that jurisdiction, and persons receiving this announcement and all documents relating to the Acquisition (including custodians, nominees and trustees) must not mail or otherwise distribute or send them in, into, or from such
        jurisdictions where to do so would violate the laws in that jurisdiction. To the fullest extent permitted by applicable law, the companies and persons involved in the Acquisition disclaim any responsibility or liability for the violation of such
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        is proposed to be effected by means of a scheme of arrangement under the laws of England and Wales. A transaction effected by means of a scheme of arrangement is not subject to the tender offer rules or the proxy solicitation rules under the US
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        any US state securities commission has approved or disapproved or passed judgment upon the fairness or the merits of the Acquisition or determined if this announcement is adequate, accurate or complete. Any representation to the contrary is a
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        Acquisition by means of a Takeover Offer, such Takeover Offer would, in addition, need to be made in compliance with any applicable US laws and regulations, including any applicable exemptions under the US Exchange Act. Such a takeover would be
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        way of a Takeover Offer, in accordance with normal UK practice and pursuant to Rule 14e-5(b) of the US Exchange Act, Bidco or its nominees, or its brokers (acting as agents), may from time to time make certain purchases of, or arrangements to
        purchase, shares or other securities of Spirent outside the US, other than pursuant to such Takeover Offer, during the period in which such Takeover Offer would remain open for acceptance. These purchases may occur either in the open market at
        prevailing prices or in private transactions at negotiated prices. Any information about such purchases or arrangements to purchase shall be disclosed as required in the UK, shall be reported to a Regulatory Information Service and shall be
        available on the London Stock Exchange website at&#160;<u>www.londonstockexchange.com</u>.</i></font></p>
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        and/or Scheme becomes effective, lapses or is otherwise withdrawn. If such purchases or arrangements to purchase were to be made, they would occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any
        information about such purchases or arrangements to purchase will be disclosed as required in the UK, will be reported to a Regulatory Information Service and will be available on the London Stock Exchange website at www.londonstockexchange.com.
        The receipt of consideration by a US shareholder or holder of Spirent ADRs pursuant to the Scheme will likely be a taxable transaction for US federal income tax purposes. Each Spirent Shareholder and Spirent ADR Holder is urged to consult their
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        or companies whose financial statements are prepared in accordance with generally accepted accounting principles in the US. </i></font></p>
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        difficult for US shareholders of Spirent and Spirent ADR Holders to effect service of process within the US upon Bidco or Spirent or their respective officers or directors or to enforce against them a judgment of a US court predicated upon the
        federal or state securities laws of the US.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        by reference in this announcement), oral statements made regarding the Acquisition, and other information published by Spirent, any member of the Spirent Group, Viavi, Bidco, or any member of the Viavi Group contain statements which are, or may be
        deemed to be, &#8220;forward-looking statements&#8221;. Such forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and on numerous assumptions regarding the business strategies and the
        environment in which Spirent, any member of the Spirent Group, Viavi, Bidco, any member of the Viavi Group, or any member of the Combined Group shall operate in the future and are subject to risks and uncertainties that could cause actual results
        to differ materially from those expressed or implied by those statements.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>The forward-looking statements contained in this
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        Acquisition and other statements other than historical facts. In some cases, these forward-looking statements can be identified by the use of forward-looking terminology, including the terms &#8220;believes&#8221;, &#8220;estimates&#8221;, &#8220;will look to&#8221;, &#8220;would look to&#8221;,
        &#8220;plans&#8221;, &#8220;prepares&#8221;, &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;is expected to&#8221;, &#8220;is subject to&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;forecasts&#8221;, &#8220;synergy&#8221;, &#8220;strategy&#8221;, &#8220;goal&#8221;, &#8220;cost-saving&#8221;, &#8220;projects&#8221; &#8220;intends&#8221;, &#8220;assumes&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;shall&#8221; or &#8220;should&#8221; or their
        negatives or other variations or comparable terminology. Forward-looking statements may include statements relating to the following: (i) future capital expenditures, expenses, revenues, earnings, synergies, economic performance, indebtedness,
        financial condition, dividend policy, losses and future prospects; (ii)&#160;business and management strategies and the expansion and growth of Spirent, any member of the Spirent Group, Viavi, Bidco, any member of the Viavi Group or any member of the
        Combined Group&#8217;s operations and potential synergies resulting from the Acquisition; and (iii) the effects of global economic conditions and governmental regulation on Spirent, any member of the Spirent Group, Viavi, Bidco, any member of the Viavi
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        risk and uncertainty because they relate to events and depend on circumstances that shall occur in the future. These events and circumstances include changes in the global, political, economic, business, competitive, market and regulatory forces,
        future exchange and interest rates, changes in tax rates and future business combinations or disposals. If any one or more of these risks or uncertainties materialise or if any one or more of the assumptions prove incorrect, actual results may
        differ materially from those expected, estimated or projected. Such forward-looking statements should, therefore, be construed in light of such factors.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        expressed or implied in any forward-looking statements in this announcement shall actually occur. Given these risks and uncertainties, potential investors should not place any reliance on forward-looking statements.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        and synergies relate to future actions and circumstances which, by their nature, involve risks, uncertainties and contingencies. As a result, the cost savings and synergies referred to may not be achieved, may be achieved later or sooner than
        estimated, or those achieved could be materially different from those estimated. Due to the scale of the Combined Group, there may be additional changes to the Combined Group&#8217;s operations. As a result, and given the fact that the changes relate to
        the future, the resulting cost synergies may be materially greater or less than those estimated.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>The forward-looking statements speak only at the date
        of this announcement. All subsequent oral or written forward-looking statements attributable to Spirent, any member of the Spirent Group, Viavi, Bidco, or any member of the Viavi Group, or any member of the Combined Group, or any of their
        respective associates, directors, officers, employees or advisers, are expressly qualified in their entirety by the cautionary statement above.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Spirent, any member of the Spirent Group, Viavi,
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        information, future events or otherwise. </i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>No Profit Forecasts or Estimates</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>No statement in this announcement is intended as a
        profit forecast or estimate for any period and no statement in this announcement should be interpreted to mean that earnings or earnings per share for Viavi or Spirent, as appropriate, for the current or future financial years would necessarily
        match or exceed the historical published earnings or earnings per share for Viavi or Spirent, as appropriate.</i></font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Under Rule 8.3(a) of the Takeover Code, any person
        who is interested in 1 per cent. or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is
        likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position
        Disclosure must contain details of the person&#8217;s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by
        a person to whom Rule 8.3(a) applies must be made by no later than 3.30 p.m. (London time) on the 10<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> business day following the commencement of the Offer Period and,
        if appropriate, by no later than 3.30 p.m. (London time) on the 10<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> business day following the announcement in which any securities exchange offeror is first
        identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Under Rule 8.3(b) of the Takeover Code, any person
        who is, or becomes, interested in 1 per cent. or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree
        company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person&#8217;s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree
        company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. (London time)
        on the business day following the date of the relevant dealing.</i></font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>If two or more persons act together pursuant to an
        agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.</i></font></p>
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        offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Details of the offeree and offeror companies in
        respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel&#8217;s website at http://www.thetakeoverpanel.org.uk/, including details of the number of relevant
        securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Panel&#8217;s
        Market Surveillance Unit on +44 (0)20 7638 0129.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Electronic Communications</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">&#160;</p>
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        and certain information provided by Spirent Shareholders, persons with information rights and other relevant persons for the receipt of communications from Spirent may be provided to Viavi and/or Bidco during the Offer Period as required under
        Section 4 of Appendix 4 of the Takeover Code to comply with Rule 2.11(c) of the Takeover Code.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Publication on Website and Availability of Hard Copies</i></b></font></p>
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        subject to certain restrictions relating to persons resident in Restricted Jurisdictions on Spirent&#8217;s and Viavi&#8217;s websites at <u>https://corporate.spirent.com</u> and https://investor.viavisolutions.com/overview/default.aspx by no later than 12
        noon (London time) on the business day following the date of this announcement. For the avoidance of doubt, the contents of the websites referred to in this announcement are not incorporated into and do not form part of this announcement</i>.</font></p>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
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        announcement by contacting Equiniti Limited by: (i) submitting a request in writing to Equiniti at Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA, UK; or (ii) contacting Equiniti between 8:30 a.m. and 5:30 p.m. (UK time), Monday to
        Friday (excluding English and Welsh public holidays), on +44 (0) 333 207 6530 (calls from outside the UK will be charged at the applicable international rate and you should use the country code when calling from outside the UK) -&#8211; calls may be
        recorded and monitored for training and security purposes. You must provide your full name and the full address to which the hard copy may be sent. </i></font></p>
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        announcements and information to be sent to you in relation to the Acquisition should be in hard copy form. </i></font></p>
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        announcement or the action you should take, you are recommended to seek your own independent financial advice immediately from your stockbroker, bank manager, solicitor or accountant or from an independent financial adviser duly authorised under
        the Finance Services and Markets Act 2000 (as amended). </i></font></p>
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        been subjected to rounding adjustments. Accordingly, figures shown for the same category presented in different tables may vary slightly and figures shown as totals in certain tables may not be an arithmetic aggregation of the figures that precede
        them.</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>Rule 2.9 Disclosure</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        Spirent confirms that, as at the date of this announcement, it has in issue and admitted to trading on the main market of the London Stock Exchange 578,646,363 Spirent Shares of 3 &amp; 1/3 pence each. There are no Spirent Shares held in treasury.
        The International Securities Identification Number (ISIN) of the Spirent Shares is GB0004726096. Spirent&#8217;s Legal Entity Identifier is 213800HKCUNWP1916L38. </i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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          ADR Programme</b>&#8221;) for which BNY Mellon acts as Depositary. One Spirent ADR represents four Spirent Shares. The Spirent ADRs trade in the US on the OTC Pink market. The trading symbol for these securities is SPMYY, the CUSIP number is 84856M209
        and the ISIN is US84856M2098. </i></font></p>
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  </div>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; text-transform: uppercase">Appendix I</font><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><br>
      CONDITIONS AND FURTHER TERMS OF THE SCHEME AND THE ACQUISITION</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Part A</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font: 10pt Arial, Helvetica, Sans-Serif"><b>Conditions to the Acquisition</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Acquisition is conditional upon the Scheme becoming unconditional and effective, subject to the
            Takeover Code, by not later than 11.59 p.m. on the Long Stop Date.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Scheme approval</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Scheme shall be subject to the following conditions:</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.1</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its approval by a majority in number of the Spirent Shareholders who are present and vote (and who are
            entitled to vote), whether in person or by proxy, at the Court Meeting and who represent not less than 75 per cent. in value of the Spirent Shares voted by those Spirent Shareholders; and</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">such Court Meeting being held on or before the 22nd day after the expected date of the Court Meeting
            to be set out in the Scheme Document in due course (or such later date as may be agreed by Bidco and Spirent and, if required, the Court may allow);</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.2</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Special Resolution(s) being duly passed by Spirent Shareholders representing 75 per cent. or more
            of the votes cast at the Spirent General Meeting; and</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">such Spirent General Meeting being held on or before the 22nd day after the expected date of the
            Spirent General Meeting to be set out in the Scheme Document in due course (or such later date as may be agreed by Bidco and Spirent and, if required, the Court may allow);</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.3</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the sanction of the Scheme by the Court (with or without modification but subject to any modification
            being on terms acceptable to Spirent and Bidco) and the delivery of a copy of the Court Order to the Registrar of Companies; and</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Court Hearing being held on or before the 22nd day after the expected date of the Court Hearing to
            be set out in the Scheme Document in due course (or such later date as may be agreed by Bidco and Spirent and, if required, the Court may allow).</font></td>
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    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">43</font></div>
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  </div>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>General Conditions</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In addition, subject as stated in Parts B to D of this Appendix I below and to the requirements of the
            Panel, Bidco and Spirent have agreed that the Acquisition shall be conditional upon the following Conditions and, accordingly, the Court Order shall not be delivered to the Registrar of Companies unless such Conditions (as amended if
            appropriate) have been satisfied or, where relevant, waived:</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Antitrust approvals</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>United States</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.1</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">All required filings having been made under the HSR Act and all waiting periods under the HSR Act
            applicable to Completion, and any extensions thereto, having expired, lapsed or been terminated; and</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.2</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">No governmental or regulatory authority or court of competent jurisdiction shall have issued or
            entered under any US Antitrust Law any order, writ, injunction, judgment or decree (whether temporary, preliminary or permanent) which shall continue to be in effect, and no US Antitrust Law shall have been adopted or be enacted, entered or
            promulgated, in each case, that is then in effect and has the effect of enjoining or otherwise prohibiting Completion.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><i>United Kingdom</i></b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.3</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">A briefing paper or a merger notice has been submitted to the CMA and any of the following has
            occurred:</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the CMA having indicated in writing (including in the form of an e-mail) in a response to a briefing
            paper submitted by Bidco that the CMA has no further questions at this stage in relation to the Acquisition (or words to that effect); and as at the date on which all other Conditions to the Acquisition are satisfied or waived, the CMA has not:</font></td>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">subsequently requested further information in relation to the Acquisition or submission of a merger
            notice;</font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">given notice to either party that it is commencing a Phase I investigation;</font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">indicated that the statutory review period in which the CMA has to decide whether to make a reference
            under section 34ZA Enterprise Act 2002 has begun; or</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">requested documents or attendance by witnesses under section 109 of the Enterprise Act 2002 which may
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">where the CMA has commenced an investigation following the submission of a merger notice or a briefing
            paper:</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 74.9pt; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the CMA having decided not to refer the Acquisition nor any matter arising from or relating to the
            Acquisition to the chair of the CMA for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform Act 2013 (a &#8220;<b>Phase 2 CMA reference</b>&#8221;); or</font></td>
      </tr>

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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      </tr>

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      <tr style="vertical-align: top; text-align: justify">
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        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1)</font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">concluding in a report published in accordance with section 38 of the Enterprise Act 2002 that neither the Acquisition nor any matter arising from or relating to the
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">otherwise allowing the Acquisition and any matter arising from or relating to the Acquisition to
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.4</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">A notification having been made and accepted under the NSI Act and one of the following having
            occurred: (i) the Secretary of State confirming before the end of the review period that no further action will be taken in relation to the Acquisition; (ii) if the Secretary of State issues a call-in notice in relation to the Acquisition, the
            parties receiving a final notification pursuant to section 26(1)(b) of the NSI Act containing confirmation that the Secretary of State will take no further action in relation to the call-in notice and the Acquisition under the NSI Act; or (iii)
            the Secretary of State making a final order pursuant to section 26(1)(a) of the NSI Act in relation to the Acquisition, save to the extent that such an order prohibits the Acquisition.</font></td>
      </tr>

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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.5</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">A notification having been made in respect of obtaining French foreign investment clearance for the
            Acquisition pursuant to the French Monetary and Financial Code, by means of the French Ministry of the Economy having:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">issued a decision stating that the Acquisition does not fall within the scope of the French foreign
            investment regulation; or</font></td>
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  </table>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">expressly approved the Acquisition with or without any requirements, measures and/or conditions to be
            complied with.</font></td>
      </tr>

  </table>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.6</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">A notification having been made to the German Federal Ministry for Economic Affairs and Climate Action
            (Bundesministerium f&#252;r Wirtschaft und Klimaschutz) under the German Foreign Trade Act (Au&#223;enwirtschaftsgesetz (&#8220;<b>AWG</b>&#8221;)) in conjunction with the Foreign Trade Ordinance (Au&#223;enwirtschaftsverordnung (&#8220;<b>AWV</b>&#8221;), and the German Federal
            Ministry for Economic Affairs and Energy:</font></td>
      </tr>

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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">has granted a Certificate of non-objection (Unbedenklichkeitsbescheinigung) in accordance with sec. 58
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">issued a clearance decision (Freigabe) in accordance with sec. 58a or sec. 61 AWV; or</font></td>
      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">otherwise informed a member of the Viavi Group that it will not initiate formal proceedings
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(d)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the applicable review period after receipt of a due notification has expired without any decision
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      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.7</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Other than in relation to the matters referred to in Conditions 3.1 to 3.6 of Part A of this Appendix
            I:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">all material notifications, filings or applications which are deemed reasonably necessary by Viavi in
            connection with the Acquisition having been made;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">all necessary waiting periods (including any extensions thereof) under any applicable legislation or
            regulation of any relevant jurisdiction having expired, lapsed or been terminated (as appropriate);</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">all statutory and/or regulatory obligations in any material jurisdiction having been complied with, in
            each case in respect of the Acquisition;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(d)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">all Authorisations deemed reasonably necessary in any jurisdiction by Viavi for or in respect of the
            Acquisition and the acquisition or the proposed acquisition of any shares or other securities in, or control or management of, Spirent or any other member of the Spirent Group by any member of the Viavi Group having been obtained in terms and
            in a form reasonably satisfactory to Viavi (acting reasonably in consultation with Spirent) from all appropriate Third Parties or (without prejudice to the generality of the foregoing) from any person or bodies with whom any member of the
            Spirent Group or the Viavi Group has entered into contractual arrangements;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(e)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">all such Authorisations necessary, appropriate or desirable to carry on the business of any member of
            the Spirent Group in any jurisdiction having been obtained; and</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(f)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">all such Authorisations referred to in Conditions 3.7(d) and 3.7(e) of Part A of this Appendix I
            remaining in full force and effect at the time at which the Acquisition becomes otherwise wholly unconditional and there being no notice or intimation of an intention to revoke, suspend, restrict, modify or not to renew such Authorisations in
            each case in any way that would be materially adverse in the context of the Spirent Group taken as a whole.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.8</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Other than in relation to the matters referred to in Conditions 3.1 to 3.6 of Part A of this Appendix
            I, no antitrust regulator or other Third Party having given notice of a decision to take, institute, implement or threaten any action, proceeding, suit, investigation, enquiry or reference (and in each case, not having withdrawn the same), or
            having required any action to be taken or otherwise having done anything, or having enacted, made or proposed any statute, regulation, decision, order or change to published practice (and in each case, not having withdrawn the same) and there
            not continuing to be outstanding any statute, regulation, decision or order which would or might reasonably be expected to, in any case to an extent or in a manner which is or would be materially adverse in the context of the Spirent Group
            taken as a whole:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">require, prevent or materially delay the divestiture or materially alter the terms envisaged for such
            divestiture by any member of the Viavi Group or by any member of the Spirent Group of all or any material part of their businesses, assets or property or impose any limitation on the ability of all or any of them to conduct their businesses (or
            any part thereof) or to own, control or manage any of their assets or properties (or any part thereof);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">except pursuant to Chapter 3 of Part 28 of the Companies Act, require any member of the Viavi Group or
            the Spirent Group to acquire or offer to acquire any shares, other securities (or the equivalent) or interest in any member of the Spirent Group or any asset owned by any Third Party (other than in the implementation of the Acquisition);</font></td>
      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">impose any material limitation on, or result in a material delay in, the ability of any member of the
            Viavi Group directly or indirectly to acquire, hold or to exercise effectively all or any rights of ownership in respect of any shares or other securities in Spirent or on the ability of any member of the Spirent Group, or any member of the
            Viavi Group directly or indirectly to hold or exercise effectively all or any rights of ownership in respect of shares or other securities (or the equivalent) in, or to exercise voting or management control over, any member of the Spirent
            Group;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(d)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">otherwise adversely affect any or all of the business, assets, profits or prospects of any member of
            the Spirent Group;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(e)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">result in any member of the Spirent Group ceasing to be able to carry on business under any name under
            which it presently carries on business;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(f)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">make the Acquisition, its implementation or the acquisition or proposed acquisition of any shares or
            other securities in, or control or management of, Spirent by any member of the Viavi Group void, unenforceable and/or illegal under the laws of any relevant jurisdiction, or otherwise, directly or indirectly materially prevent or prohibit,
            restrict, restrain, or delay or otherwise to a material extent or otherwise materially interfere with the implementation of, or impose material additional conditions or obligations with respect to, or otherwise materially challenge, impede,
            interfere or require material amendment of the Acquisition or the acquisition or proposed acquisition of any shares or other securities in, or control or management of, Spirent by any member of the Viavi Group;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(g)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">require, prevent or materially delay a divestiture by any member of the Viavi Group of any shares or
            other securities (or the equivalent) in any member of the Spirent Group; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(h)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">impose any material limitation on the ability of any member of the Viavi Group, or any member of the
            Spirent Group, to conduct, integrate or co-ordinate all or any part of its business with all or any part of the business of any other member of the Viavi Group and/or the Spirent Group,</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">and all applicable waiting and
      other time periods (including any extensions thereof) during which any such antitrust regulator or Third Party could decide to take, institute, implement or threaten any such action, proceeding, suit, investigation, enquiry or reference or take any
      other step under the laws of any jurisdiction in respect of the Acquisition or the acquisition or proposed acquisition of any Spirent Shares or otherwise intervene having expired, lapsed or been terminated.</font></p>
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        arrangement, agreement, etc. </b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.9</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Except as Disclosed, there being no provision of any arrangement, agreement, lease, licence,
            franchise, permit or other instrument to which any member of the Spirent Group is a party or by or to which any such member or any of its assets is or may be bound, entitled or be subject or any event or circumstance which, as a consequence of
            the Acquisition or the acquisition or the proposed acquisition by any member of the Viavi Group of any shares or other securities in Spirent or because of a change in the control or management of any member of the Spirent Group or otherwise,
            could or might reasonably be expected to result in:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any monies borrowed by, or any other indebtedness, actual or contingent, of, or any grant available
            to, any member of the Spirent Group being or becoming repayable, or capable of being declared repayable, immediately or prior to its or their stated maturity date or repayment date, or the ability of any such member to borrow monies or incur
            any indebtedness being withdrawn or inhibited or being capable of becoming or being withdrawn or inhibited;</font></td>
      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the creation, save in the ordinary and usual course of business, or enforcement of any mortgage,
            charge or other security interest over the whole or any material part of the business, property or assets of any member of the Spirent Group or any such mortgage, charge or other security interest (whenever created, arising or having arisen)
            becoming enforceable;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any such arrangement, agreement, lease, licence, franchise, permit or other instrument that is
            material being terminated or the rights, liabilities, obligations or interests of any member of the Spirent Group being materially adversely modified or materially adversely affected or any material obligation or liability arising or any
            materially adverse action being taken or arising thereunder;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(d)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the rights, liabilities, obligations, interests or business of any member of the Spirent Group, or any
            member of the Viavi Group, under any such arrangement, agreement, licence, permit, lease or instrument or the interests or business of any member of the Spirent Group, or any member of the Viavi Group, in or with any other person or body or
            firm or company (or any arrangement or arrangement relating to any such interests or business) being or becoming capable of being terminated, or materially adversely modified or affected or any onerous obligation or liability arising or any
            material adverse action being taken thereunder;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(e)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any member of the Spirent Group ceasing to be able to carry on business under any name under which it
            presently carries on business;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(f)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the value of, or the financial or trading position or prospects of, any member of the Spirent Group
            being materially prejudiced or materially adversely affected; or</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(g)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the creation or acceleration of any material liability (actual or contingent) by any member of the
            Spirent Group other than trade creditors or other liabilities incurred in the ordinary course of business,</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">and no event having occurred
      which, under any provision of any arrangement, agreement, licence, permit, franchise, lease or other instrument to which any member of the Spirent Group is a party or by or to which any such member or any of its assets are bound, entitled or subject,
      would or might result in any of the events or circumstances as are referred to in Conditions 3.8(a) to 3.8(g) of Part A of this Appendix I, in each case to the extent material in the context of the Spirent Group taken as a whole;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.10</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Except as Disclosed, no member of the Spirent Group having since 31 December 2022:</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">issued or agreed to issue or authorised or proposed or announced its intention to authorise or propose
            the issue, of additional shares of any class, or securities or securities convertible into, or exchangeable for, or rights, warrants or options to subscribe for or acquire, any such shares, securities or convertible securities or transferred or
            sold or agreed to transfer or sell or authorised or proposed the transfer or sale of Spirent Shares out of treasury (except, where relevant, as between Spirent and wholly owned subsidiaries of Spirent or between the wholly owned subsidiaries of
            Spirent and except for the issue or transfer out of treasury of Spirent Shares on the exercise of employee share options or vesting of employee share awards in the ordinary course under the Spirent Share Plans);</font></td>
      </tr>

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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">except for the Permitted Dividend, recommended, declared, paid or made or proposed to recommend,
            declare, pay or make any bonus, dividend or other distribution (whether payable in cash or otherwise) other than the Permitted Dividend and dividends (or other distributions whether payable in cash or otherwise) lawfully paid or made by any
            wholly owned subsidiary of Spirent to Spirent or any of its wholly owned subsidiaries;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">other than pursuant to the Acquisition (and except for transactions between Spirent and its wholly
            owned subsidiaries or between the wholly owned subsidiaries of Spirent and transactions in the ordinary course of business) implemented, effected, authorised or proposed or announced its intention to implement, effect, authorise or propose any
            merger, demerger, reconstruction, amalgamation, scheme, commitment or acquisition or disposal of assets or shares or loan capital (or the equivalent thereof) in any undertaking or undertakings;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(d)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">except for transactions between Spirent and its wholly owned subsidiaries or between the wholly owned
            subsidiaries of Spirent and, except for transactions in the ordinary course of business disposed of, or transferred, mortgaged or created any security interest over any material asset or any right, title or interest in any material asset or
            authorised, proposed or announced any intention to do so;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(e)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(except for transactions between Spirent and its wholly owned subsidiaries or between the wholly owned
            subsidiaries of Spirent and, except for transactions in the ordinary course of business) issued, authorised or proposed or announced an intention to authorise or propose, the issue of or made any change in or to the terms of any debentures or
            become subject to any contingent liability or incurred or increased any indebtedness;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(f)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">entered into or varied or authorised, proposed or announced its intention to enter into or vary any
            material contract, arrangement, agreement, transaction or commitment (whether in respect of capital expenditure or otherwise) which is outside of the ordinary course of business and which is of a long term, unusual or onerous nature or
            magnitude or which is or which involves an obligation of a nature or magnitude which is materially restrictive on the business of any member of the Spirent Group;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(g)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">save to the extent necessary to comply with any change in applicable law, entered into or varied the
            terms of, or made any offer (which remains open for acceptance) to enter into or vary to a material extent the terms of any contract, service agreement, commitment or arrangement with any director or, except for salary increases, bonuses or
            variations of terms consistent with Spirent&#8217;s normal practice, senior executive of any member of the Spirent Group;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(h)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">save to the extent necessary to comply with any change in applicable law, proposed, agreed to provide
            or modified the terms of any share option scheme, incentive scheme or other benefit relating to the employment or termination of employment of any employee of the Spirent Group which are material, except for salary increases, bonuses or
            variations of terms consistent with Spirent&#8217;s normal practice;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">purchased, redeemed or repaid or announced any proposal to purchase, redeem or repay any of its own
            shares or other securities or reduced or, except in respect of the matters mentioned in paragraph (h) above, made any other change to any part of its share capital;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(j)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">except in the ordinary course of business, waived, compromised or settled any claim by or against any
            member of the Spirent Group;</font></td>
      </tr>

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  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">49</font></div>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(k)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">terminated or varied the terms of any agreement or arrangement which is of a long term or unusual
            nature between any member of the Spirent Group and any other person;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(l)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">except as necessary to comply with any change in applicable law, made or agreed or consented to any
            significant change to:</font></td>
      </tr>

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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the terms of the trust deeds and rules constituting the pension scheme(s) established by any member of
            the Spirent Group for its directors, employees or their dependants;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the contributions payable to any such scheme(s) or to the benefits which accrue, or to the pensions
            which are payable, thereunder;</font></td>
      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the basis on which qualification for, or accrual or entitlement to, such benefits or pensions are
            calculated or determined; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iv)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the basis upon which the liabilities (including pensions) of such pension schemes are funded, valued,
            made, agreed or consented to;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">been unable, or admitted in writing that it is unable, to pay its debts or commenced negotiations with
            one or more of its creditors with a view to rescheduling or restructuring any of its indebtedness, or having stopped or suspended (or threatened to stop or suspend) payment of its debts generally or ceased or threatened to cease carrying on all
            or a substantial part of its business;</font></td>
      </tr>

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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(other than in respect of a member of the Spirent Group which is dormant and was solvent at the
            relevant time) taken any steps, corporate action or had any legal proceedings instituted or threatened in writing against it in relation to the suspension of payments, a moratorium of any indebtedness, its winding-up (voluntary or otherwise),
            dissolution, reorganisation or for the appointment of a receiver, administrator, manager, administrative receiver, trustee or similar officer of all or any material part of its assets or revenues or any analogous or equivalent steps or
            proceedings in any jurisdiction or appointed any analogous person in any jurisdiction or had any such person appointed;</font></td>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(o)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(except for transactions between Spirent and its wholly owned subsidiaries or between the wholly owned
            subsidiaries of Spirent), made, authorised, proposed or announced an intention to propose any change in its loan capital;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(except for transactions between members of the Spirent Group and transactions entered into in the
            ordinary course of business) entered into, implemented or authorised the entry into, any joint venture, asset or profit-sharing arrangement, partnership or merger of business or corporate entities which would be restrictive on the business of
            any member of the Spirent Group;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(q)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">taken (or agreed to take) any action which requires or would require, the consent of the Panel or the
            approval of Spirent Shareholders in a general meeting in accordance with, or as contemplated by, Rule 21.1 of the Takeover Code; or</font></td>
      </tr>

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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(r)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">entered into any agreement, arrangement, commitment or contract or passed any resolution or made any
            offer (which remains open for acceptance) with respect to or announced an intention to, or to propose to, effect any of the transactions, matters or events referred to in this Condition 3.10 of Part A of this Appendix I,</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">which, in any such case, is material in the context
      of the Spirent Group taken as a whole.</font></p>
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        or similar </b></font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.11</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Except as Disclosed, since 31 December 2022:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">no adverse change and no circumstance having arisen which would or might reasonably be expected to
            result in any adverse change in, the business, assets, financial or trading position or profits or prospects or operational performance of any member of the Spirent Group which is material in the context of the Spirent Group taken as a whole;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">no litigation, arbitration proceedings, prosecution or other legal proceedings having been threatened
            in writing, announced or instituted by or against or remaining outstanding against or in respect of, any member of the Spirent Group or to which any member of the Spirent Group is or may become a party (whether as claimant, defendant or
            otherwise) having been threatened, announced, instituted or remaining outstanding by, against or in respect of, any member of the Spirent Group, in each case which would have a material adverse effect on the Spirent Group;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">no enquiry, review or investigation by, or complaint or reference to, any Third Party against or in
            respect of any member of the Spirent Group having been threatened, announced or instituted or remaining outstanding by, against or in respect of any member of the Spirent Group, in each case which would have a material adverse effect on the
            Spirent Group taken as a whole;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(d)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">no contingent or other liability having arisen or become apparent to Viavi and/or Bidco other than in
            the ordinary course of business which would adversely affect the business, assets, financial or trading position or profits or prospects of any member of the Spirent Group to an extent which is material in the context of the Spirent Group taken
            as a whole;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(e)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">no member of the Spirent Group having conducted its business in breach of any applicable laws and
            regulations and which is material in the context of the Spirent Group taken as a whole or in the context of the Acquisition; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(f)</font></td>
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            cancellation, termination or modification of any licence held by any member of the Spirent Group which is necessary for the proper carrying on of its business and the withdrawal, cancellation, termination or modification of which would have a
            material adverse effect on the Spirent Group taken as a whole.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>No discovery of certain matters regarding
        information, liabilities and environmental issues </b></font></p>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.12</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Except as Disclosed, Viavi and/or Bidco not having discovered, and in each case to an extent which is
            material in the context of the Spirent Group, that:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any financial, business or other information concerning the Spirent Group publicly announced prior to
            the date of this announcement or Disclosed to any member of the Viavi Group by or on behalf of any member of the Spirent Group prior to the date of this announcement is misleading, contains a misrepresentation of any material fact, or omits to
            state a material fact necessary to make that information not misleading, where the relevant information has not subsequently been corrected prior to the date of this announcement by disclosure, either publicly or otherwise to any member of the
            Viavi Group taken as whole;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any past or present member of the Spirent Group has not complied with all applicable legislation,
            regulations or other requirements of any jurisdiction or any Authorisations relating to the use, treatment, storage, carriage, disposal, discharge, spillage, release, leak or emission of any waste or hazardous substance or any substance likely
            to impair the environment (including property) or harm human health or otherwise relating to environmental matters or the health and safety of humans, which non-compliance would be likely to give rise to any material liability, including any
            penalty for non-compliance (whether actual or contingent) on the part of any member of the Spirent Group;</font></td>
      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">there is or is reasonably likely to be any obligation or liability (whether actual or contingent) or
            requirement to make good, remediate, repair, reinstate or clean up any property, asset or any controlled waters currently or previously owned, occupied, operated or made use of or controlled by any past or present member of the Spirent Group
            (or on its behalf), or in which any such member may have or previously have had or be deemed to have had an interest, under any environmental legislation, common law, regulation, notice, circular, Authorisation or order of any Third Party in
            any jurisdiction or to contribute to the cost thereof or associated therewith or indemnify any person in relation thereto to an extent which is material in the context of the Spirent Group taken as a whole; or</font></td>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">circumstances exist (whether as a result of making the Acquisition or otherwise) which would be
            reasonably likely to lead to any Third Party instituting (or whereby any member of the Spirent Group would be likely to be required to institute), an environmental audit or take any steps which would in any such case be reasonably likely to
            result in any actual or contingent liability to improve or install new plant or equipment or to make good, repair, reinstate or clean up any property of any description or any asset now or previously owned, occupied or made use of by any past
            or present member of the Spirent Group (or on its behalf) or by any person for which a member of the Spirent Group is or has been responsible, or in which any such member may have or previously have had or be deemed to have had an interest,
            which is material in the context of the Spirent Group taken as a whole.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(e)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any past or present member, director, officer or employee of the Spirent Group or any person that
            performs or has performed services for or on behalf of any such company is or has engaged in any activity, practice or conduct which would constitute an offence under the Bribery Act 2010, the US Foreign Corrupt Practices Act of 1977, as
            amended, or any other applicable anti-corruption or anti-bribery law, rule, or regulation concerning improper payments or kickbacks;</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(f)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any member of the Spirent Group is ineligible to be awarded any contract or business under regulation
            57 of the Public Contracts Regulations 2015 or regulation 80 of the Utilities Contracts Regulations 2015 (each as amended) or the US Federal Acquisition Regulation or Defence Federal Acquisition Regulation Supplement; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(g)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any member of the Spirent Group has engaged in any transaction which would cause any member of the
            Viavi Group to be in breach of applicable law or regulation upon Completion, including the economic sanctions of the US Office of Foreign Assets Control, HM Treasury, the United Nations, or the European Union or any of its member states, save
            that this paragraph (g) shall not apply if and to the extent that it is or would be unenforceable by reason of breach of any applicable Blocking Law.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(h)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any past or present member, director, officer or employee of the Spirent Group:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">has engaged in conduct which would violate any relevant anti-terrorism laws, rules, or regulations;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">has engaged in conduct which would violate any relevant anti-boycott law, rule, or regulation or any
            applicable export controls, including the UK and EU export controls, the Export Administration Regulations administered and enforced by the US Department of Commerce or the International Traffic in Arms Regulations administered and enforced by
            the US Department of State;</font></td>
      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">has engaged in conduct which would violate, or has been designated as a target or subject of, any
            relevant economic sanctions laws or regulations, including those imposed by the US Office of Foreign Assets Control, the UK HM Treasury, the United Nations, and the European Union or any of its member states, save that this sub-paragraph
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  </table>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iv)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">has engaged in conduct which would violate any relevant laws, rules, or regulations concerning false
            imprisonment, torture or other cruel and unusual punishment, or child labour; or</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(v)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">is debarred or otherwise rendered ineligible to bid for or to perform contracts for or with any
            government, governmental instrumentality or international organisation.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>No criminal property</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any asset of any member of the Spirent Group constitutes criminal property as defined by section
            340(3) of the Proceeds of Crime Act 2002 (but disregarding paragraph (b) of that definition).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Part B</font></p>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Scheme will not become Effective unless the Conditions (other than Condition 2.3(a) Part A2.3(a)
            of Part A of this Appendix I) have been fulfilled or (if capable of waiver) waived or, where appropriate, have been determined by Bidco to be or remain satisfied by no later than 11.59 p.m. on the date before the Court Hearing.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Subject to the requirements of the Panel and in accordance with the Takeover Code, Bidco reserves the
            right to waive in whole or in part, all of the Conditions set out in Part A of this Appendix I except Conditions 2.1(a), 2.2(a) and 2.3(a) of Part A of this Appendix I, which cannot be waived. If any of Conditions 2.1(b), 2.2(b) and 2.3(b) of
            Part A of this Appendix I is not satisfied by the relevant deadline specified in the relevant Condition, Bidco will make an announcement by 8.00 a.m. on the Business Day following such deadline confirming whether it has invoked or waived the
            relevant Condition or agreed with Spirent to extend the deadline in relation to the relevant Condition.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Under Rule 13.5(a) of the Takeover Code and subject to paragraph 4 below, Bidco may only invoke a
            Condition so as to cause the Acquisition not to proceed, to lapse or to be withdrawn with the consent of the Panel. The Panel will normally only give its consent if the circumstances which give rise to the right to invoke the Condition are of
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Any Condition that is subject to Rule 13.5(a) of the Takeover Code may be waived by Bidco. Conditions
            1 and 2 in Part A of this Appendix I and, if applicable, any acceptance condition if the Acquisition is implemented by means of a Takeover Offer, are not subject to Rule 13.5(a) of the Takeover Code.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bidco shall not be under any obligation to waive (if capable of waiver), to determine to be or remain
            satisfied or to treat, as fulfilled any of the Conditions in Part A of this Appendix I (to the extent capable of waiver) by a date earlier than the latest date for the fulfilment of that Condition, notwithstanding that the other Conditions may
            at such earlier date have been waived or fulfilled and that there are at such earlier date no circumstances indicating that any of such Conditions may not be capable of fulfilment.</font></td>
      </tr>

  </table>
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      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
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  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Part C</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Implementation by way of Takeover Offer</b></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bidco reserves the right to elect (with the consent of the Panel and subject to the terms of the
            Co-operation Agreement) to implement the Acquisition by way of a Takeover Offer for the entire issued and to be issued share capital of Spirent as an alternative to the Scheme.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In such event, the Acquisition shall be implemented on substantially the same terms, so far as
            applicable, and subject to the terms of the Co-operation Agreement, as those which would apply to the Scheme, subject to appropriate amendments, including (without limitation) the inclusion of an acceptance condition set at a level permitted by
            the Panel and (where applicable) the Co-operation Agreement. Further, if sufficient acceptances of such Takeover Offer are received and/or sufficient Spirent Shares are otherwise acquired, it would be the intention of Bidco to apply the
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Part D</font></p>
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Acquisition will be subject to the Conditions in Part A above, and to certain further terms set
            out in this Appendix I, and to the full terms and conditions which will be set out in the Scheme Document.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Acquisition is governed by English law and is subject to the jurisdiction of the English courts
            and to the Conditions and further terms set out in this Appendix I and to be set out in the Scheme Document. The Acquisition is also subject to the applicable requirements of the Listing Rules and the provisions of the Takeover Code and any
            requirement of the Panel, the London Stock Exchange, the FCA and the Registrar of Companies.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Each of the Conditions will be regarded as a separate Condition and will not be limited by reference
            to any other Condition.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">If Bidco is required by the Panel to make an offer or offers for any Spirent Shares under the
            provisions of Rule 9 of the Takeover Code, Bidco may make such alterations to the Conditions as are necessary to comply with the provisions of that Rule.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Spirent Shares acquired under the Acquisition shall be acquired fully paid and free from all
            liens, equitable interests, charges, encumbrances, options, rights of pre-emption and any other third party rights and interests of any nature and together with all rights now or hereafter attaching or accruing to them, including, without
            limitation, voting rights and the right to receive and retain in full all dividends and other distributions (if any) declared, made or paid, or any other return of value (whether by reduction of share capital or share premium account or
            otherwise) made, on or after the Effective Date, save for the Permitted Dividend.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">6.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent Shareholders shall be entitled to receive the Permitted Dividend (if and to the extent
            declared by the Spirent Board and subject to the terms of the Co-operation Agreement), without any reduction in the Acquisition Price payable under the Acquisition.</font></td>
      </tr>

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  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
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    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">7.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">If, on or after the date of this announcement and prior to the Effective Date, any dividend,
            distribution, or other return of value is declared, made or paid or becomes payable by Spirent (other than the Permitted Dividend), Bidco reserves the right (without prejudice to any right of Bidco to invoke, with the consent of the Panel,
            Condition 3.10(b) of Part A of this Appendix I above) to reduce the Acquisition Price payable under the terms of the Acquisition for the Spirent Shares by an amount equal to the amount of any such dividend, distribution or other return of
            value. In such circumstances, Spirent Shareholders shall be entitled to retain any such dividend, distribution, or other return of value, declared, made or paid.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">If and to the extent that any dividend, distribution or other return of value as contemplated by
            paragraph 7 (other than the Permitted Dividend) is paid or made prior to the Effective Date and Bidco exercises its right in accordance with paragraph 7 to reduce the Acquisition Price payable under the Acquisition, any reference in this
            announcement to the Acquisition Price payable under the terms of the Acquisition shall be deemed to be a reference to the Acquisition Price as so reduced.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">If and to the extent that any such dividend, distribution or other return of value as contemplated by
            paragraph 7 (other than the Permitted Dividend) has been declared or announced but not paid or made, or is not payable by reference to a record date prior to the Effective Date and is or shall be: (i) transferred pursuant to the Acquisition on
            a basis which entitles Bidco to receive the dividend, distribution or other return of value and to retain it; or (ii) cancelled, the Acquisition Price payable under the terms of the Acquisition shall not be subject to change.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">10.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Any exercise by Bidco of its rights referred to in paragraph 8 above shall be the subject of an
            announcement and, for the avoidance of doubt, shall not be regarded as constituting any revision or variation of the Acquisition.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">11.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bidco also reserves the right to reduce the Acquisition Price payable under the Acquisition in such
            circumstances as are, and such amount as is, permitted by the Panel.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">12.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The availability of the Acquisition to persons not resident in the UK may be affected by the laws of
            the relevant jurisdiction. Any persons who are subject to the laws of any jurisdiction other than the UK should inform themselves about and observe any application requirements.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">13.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Acquisition is not being made, directly or indirectly, in, into or from, or by use of the mails
            of, or by any means of instrumentality (including, but not limited to, facsimile, e-mail or other electronic transmission, telex or telephone) of interstate or foreign commerce of, or of any facility of a national, state or other securities
            exchange of, any jurisdiction where to do so would violate the laws of that jurisdiction.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">14.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bidco reserves the right to implement the Acquisition directly or with or through any direct or
            indirect subsidiary undertaking of Viavi or Bidco from time to time.</font></td>
      </tr>

  </table>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">55</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; text-transform: uppercase">Appendix

      II</font><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><br>
      SOURCES OF INFORMATION AND BASES OF CALCULATION</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In this announcement, unless otherwise stated, or the
      context otherwise requires, the following sources and bases have been used:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The financial information relating to Spirent is extracted (without material adjustment) from the
            Spirent Group&#8217;s audited final results for the financial year ended 31 December 2023 and audited final results for the financial year ended 31 December 2022.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As at the close of business on 4 March 2024 (being the last Business Day prior to the date of this
            announcement) Spirent has in issue 578,646,363 Spirent Shares. No Shares are held in treasury. The International Securities Identification Number for the Spirent Shares is GB0004726096.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The value attributed to Spirent&#8217;s entire issued and to be issued ordinary share capital as implied by
            the Acquisition Price of 172.5 pence per Spirent Share is based on the issued ordinary share capital as at 4 March 2024 (being the last Business Day prior to the date of this announcement) adjusted for the net dilutive effect of outstanding
            options and awards under the Spirent Share Plans as at 4 March 2024 and adjusted for the shares held by Spirent employee benefit trusts, being:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent&#8217;s existing issued share capital of Spirent Shares as described in paragraph 2 above;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">plus a maximum of 10,845,204 net Spirent Shares which may be issued on or after the date of this
            announcement on the exercise of outstanding options and/or vesting of awards under the Spirent Share Plans as at 4 March 2024; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">less 6,114,466 shares held by Spirent ESOT on 4 March 2024, 3,879 shares held by Spirent ESOT SSIP on
            4 March 2024, and 537,835 shares held by UK Sharesave Trust on 4 March 2024.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The implied enterprise value for Spirent of &#163;952 million incorporates the value attributed to the
            existing issued and to be issued ordinary share capital of Spirent set out in paragraph 3 of this Appendix III, less cash and cash equivalents of US$108 million plus lease liabilities of US$21 million, as disclosed in the Spirent Group&#8217;s
            audited final results for the year ended 31 December 2023, plus the Permitted Dividend of 2.5 pence per Spirent Share (an aggregate of approximately &#163;15 million (approximately US$19 million)).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">All prices and Closing Prices for Spirent Shares are closing middle market quotations derived from the
            Daily Official List of the London Stock Exchange.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">6.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Volume weighted average prices have been derived from Bloomberg and have been rounded to the nearest
            whole figure.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">7.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Exchange rates have been derived from Bloomberg and have been rounded to the nearest four decimal
            places.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The exchange rate used for the conversion of US$ into GBP is 0.7876, derived from Bloomberg, as at
            4.30 p.m. on 4 March 2024 (being the last Business Day prior to the date of this announcement).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9.</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The exchange rate used for the conversion of GBP into US$ is 1.2697, derived from Bloomberg, as at
            4.30 p.m. on 4 March 2024 (being the last Business Day prior to the date of this announcement).</font></td>
      </tr>

  </table>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">56</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; text-transform: uppercase">Appendix

      III</font><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><br>
      IRREVOCABLE UNDERTAKINGS</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi and Bidco have received irrevocable undertakings
      from Spirent Directors, further details of which are set out in the table below, in respect of, in aggregate, 1,347,466 Spirent Shares, representing approximately 0.23 per cent. of the share capital of Spirent in issue on 4 March 2024 (being the last
      Business Day prior to publication of this announcement).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The following Spirent Directors have given irrevocable
      undertakings to vote in favour of the Scheme at the Court Meeting and the Special Resolution(s) to be proposed at the Spirent General Meeting (or, if the Acquisition is subsequently structured as a Takeover Offer, to accept any Takeover Offer made by
      Viavi or Bidco). These irrevocable undertakings have been given by all of the Spirent Directors who hold Spirent Shares, being all of the Spirent Directors other than Wendy Koh.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; background-color: #D9D9D9; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 34%; border: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding: 6pt 5.4pt; layout-grid-mode: line; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Name</b></font></td>
        <td style="width: 33%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding: 6pt 5.4pt; layout-grid-mode: line; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Number of Spirent Shares</b></font></td>
        <td style="width: 33%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding: 6pt 5.4pt; layout-grid-mode: line; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Percentage of Spirent ordinary share capital*</b></font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sir William Thomas</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">67,442</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.0117%</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Edgar Masri</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">20,000</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.0035%</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Eric Updyke</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">933,928</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.1614%</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Gary Bullard</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">37,582</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.0065%</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Jonathan Silver</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">100,000</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.0173%</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Paula Bell</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">178,285</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.0308%</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Margaret Buggie</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">10,229</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.0018%</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>Total </i></font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>1,347,466</i></font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 6pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>0.2329%</i></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><i>*Based on the number of Spirent Shares in issue on 4
        March 2024 (being the last Business Day prior to publication of this announcement).</i></font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">These irrevocable undertakings also extend to any shares
      acquired by the Spirent Directors as a result of the vesting of awards or the exercise of options under the Spirent Share Plans.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">These irrevocable undertakings remain binding in the event a higher competing
      offer is made for Spirent and will only cease to be binding if:</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bidco announces, with the consent of the Panel and before the Scheme Document (or, if applicable,
            Offer Document) is published, that it does not intend to proceed with the Acquisition and no new, revised or replacement scheme of arrangement (or Takeover Offer) is announced by Bidco in accordance with Rule 2.7 of the Takeover Code at the
            same time;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Scheme Document (or Offer Document, as applicable) is not published within 28 days of the date of
            this Announcement (or such later date as the Panel may agree);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Scheme (or Takeover Offer, as applicable) is withdrawn with the consent of Bidco or lapses in
            accordance with its terms, excluding where:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.75in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9675;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Scheme is withdrawn or lapses as a result of Bidco exercising its right to implement the
            Acquisition by way of a Takeover Offer rather than a scheme of arrangement; or</font></td>
      </tr>

  </table>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">57</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.75in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9675;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the lapse or withdrawal either is not, in the case of a withdrawal, confirmed by Bidco or is followed
            within five Business Days by an announcement under Rule 2.7 of the Takeover Code by Bidco (or a person acting in concert with it) to implement the Acquisition either by a new, revised or replacement scheme of arrangement or a Takeover Offer; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any competing offer for the issued and to be issued ordinary share capital of Spirent is made which is
            declared wholly unconditional (if implemented by way of a takeover offer) or otherwise becomes effective (if implemented by way of a scheme of arrangement).</font></td>
      </tr>

  </table>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">58</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; text-transform: uppercase">Appendix

      IV</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&#160;</p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font: 10pt Arial, Helvetica, Sans-Serif; text-transform: uppercase"></font><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">DEFINITIONS</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The following definitions apply throughout this document
      unless the context otherwise requires:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 30%; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;2022 Spirent Annual Report&#8221;</b></font></td>
        <td style="width: 1%">&#160;</td>
        <td style="width: 69%; font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the annual report and audited accounts of
            the Spirent Group for the year ended 31 December 2022;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;2023 Spirent Interim Results Announcement&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the announcement of the unaudited results of the Spirent
            Group for the six-month period ended 30 June 2023;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Acquisition&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the recommended cash acquisition being made by Bidco to
            acquire the entire issued, and to be issued, ordinary share capital of Spirent, to be implemented by means of the Scheme (or should Bidco so elect in accordance with the terms of the Co-operation Agreement and with the consent of the Panel, by
            means of a Takeover Offer), and, where the context admits, any subsequent revision, variation, extension or renewal thereof;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Acquisition Price&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">172.5 pence per Spirent Share;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Acquisition Value&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">175 pence for each Spirent Share, comprising the
            Acquisition Price and the Permitted Dividend;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;ADRs&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">American Depositary Receipts;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;announcement&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">this announcement, including the Appendices, made
            pursuant to Rule 2.7 of the Takeover Code;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Appendices&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the appendices to this announcement, and Appendix shall
            be construed accordingly;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Authorisations&#8221; </b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">regulatory authorisations, orders, recognitions, grants,
            consents, clearances, confirmations, certificates, licences, permissions or approvals;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Bidco&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi Solutions Acquisitions Limited, a company
            incorporated England and Wales with registered number 15521962 and whose registered office is at 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Blocking Law&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">means (i) any provision of Council Regulation (EC) No
            2271/1996 of 22 November 1996 (or any law or regulation implementing such Regulation in any member state of the European Union); or (ii) any provision of Council Regulation (EC) No 2271/1996 of 22 November 1996, as it forms part of domestic law
            of the UK by virtue of the European Union (Withdrawal) Act 2018;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Business Day&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">a day, not being a public holiday, Saturday or Sunday, on which banks in
            London are open for business;</font></td>
      </tr>

  </table>
  <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">59</font></div>
    <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
  </div>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt; width: 30%"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Clean Team Agreement&#8221;</b></font></td>
        <td style="width: 1%">&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt; width: 69%"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the clean team agreement between Viavi and
            Spirent in connection with the Acquisition dated 13 February 2024;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Closing Price&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the closing middle market price of a Spirent Share as
            derived from the Daily Official List on any particular date;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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  <p style="margin: 0">&#160;</p>
  <p style="margin: 0"></p>
  <!-- Field: Rule-Page -->
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt; width: 30%"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Daily Official List&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;DBP&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Dealing Disclosure&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Depositary&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Disclosed&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the information disclosed by or on behalf of Spirent:
            (i) in the 2022 Spirent Annual Report or the 2023 Spirent Interim Results Announcement; (ii) in this announcement; (iii) in any other announcement to a Regulatory Information Service before the date of this announcement; (iv) fairly disclosed
            in writing (including via the virtual data room operated by or on behalf of Spirent in respect of the Acquisition or via e-mail) before the date of this announcement to Viavi or its advisers (in their capacity as such); (v) fairly disclosed
            during any management presentation in connection with the Acquisition attended by Spirent on the one hand and any of Viavi or its officers, employees, agents or advisers (in their capacity as such); or (vi) as otherwise fairly disclosed to
            Viavi (or its officers, employees, agents or advisers) prior to the date of this announcement;</font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;EIP&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Spirent Employee Incentive Plan 2005;</font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Euroclear&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;EV/EBIT&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Executive Retention Arrangements&#8221;</b></font></td>
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            Chief Financial and Operations Officer of the Spirent Group, will each be entitled to receive cash payments from Viavi of 200 per cent. and 175 per cent. of their annual salaries, respectively, less any legally required deductions and subject
            to Completion and Spirent ceasing to be listed on the Official List of the London Stock Exchange. Subject to these leaver terms, each executive will be paid 50 per cent. as soon as reasonably practicable following Spirent ceasing to be listed
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      </tr>

  </table>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Forms of Proxy&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;FSMA&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the UK Financial Services and Markets Act 2000;</font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;FY2023A&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;GAESPP&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Spirent Global All-Employee Share Purchase Plan
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;HM Government&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the government of the United Kingdom of Great Britain
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      </tr>
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      </tr>

  </table>
  <p style="margin: 0">&#160;</p>
  <!-- Field: Rule-Page -->
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt; width: 30%"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Offer Document&#8221;</b></font></td>
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      </tr>
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            intended to be declared by the Spirent Board prior to the Effective Date and will be conditional upon, and only payable if, the Scheme becomes Effective (or, if the Acquisition is implemented by way of a Takeover Offer, the Takeover Offer
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Post-Completion Review&#8221;</b></font></td>
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      </tr>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">a termination other than &#8220;for cause&#8221; or for gross
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Regulations&#8221;</b></font></td>
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Regulatory Information Service&#8221;</b></font></td>
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;relevant securities&#8221;</b></font></td>
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Restricted Jurisdiction&#8221;</b></font></td>
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      </tr>

  </table>
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  <table style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Scheme&#8221; </b>or <b>&#8220;Scheme of Arrangement&#8221;</b></font></td>
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      </tr>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Scheme Document&#8221;</b></font></td>
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Scheme Record Time&#8221;</b></font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Special Resolution(s)&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent Communications plc;</font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent&#8217;s Level I sponsored ADR programme created
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent ADR Programme Deposit Agreement&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent Board&#8221; </b>or <b>&#8220;Spirent Directors&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent ESOT&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent ESOT SSIP&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the employee benefit trust known as the Spirent Employee
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent General Meeting&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the general meeting of Spirent Shareholders to be convened to consider and if
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      </tr>

  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt; width: 30%"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent Group&#8221;</b></font></td>
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            where the context permits, each of them;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent Results&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the audited full year financial results of Spirent in
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent Shareholder(s)&#8221;</b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">holders of Spirent Shares;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent Share(s)&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the existing unconditionally allotted or issued and
            fully paid ordinary shares of 3 &amp; 1/3 pence each in the capital of Spirent and any further such ordinary shares which are unconditionally allotted or issued before the Scheme becomes Effective;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Spirent Share Plans&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the LTIP, the EIP, the DBP, the GAESPP, the UK
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Takeover Code&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the City Code on Takeovers and Mergers issued by the
            Panel, as amended from time to time;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Takeover Offer&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">subject to the consent of the Panel and the terms of the
            Co-operation Agreement, should the Acquisition be implemented by way of a takeover offer as defined in Chapter 3 of Part 28 of the Companies Act, the offer to be made by or on behalf of Bidco to acquire the entire issued and to be issued share
            capital of Spirent on the terms and subject to the conditions to be set out in the related offer document (and, where the context admits, any subsequent revision, variation, extension or renewal of such offer);</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Third Party&#8221; </b></font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">each of a central bank, government or governmental,
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            whatsoever in any jurisdiction;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;UBS&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">UBS AG, London Branch;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;UK&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">United Kingdom of Great Britain and Northern Ireland;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;UK Sharesave&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Spirent UK Sharesave Plan 2021;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;UK Sharesave Trust&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the trust of the UK Sharesave;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;UK SIP&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Spirent UK Employee Share Purchase Plan 2005 (last
            amended in 2021);</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;US&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the United States of America;</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;US Antitrust Laws&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the US Sherman Antitrust Act of 1890, as amended, the US Clayton Act of 1914,
            as amended, the HSR Act, the US Federal Trade Commission Act, as amended, and the rules and regulations thereunder and any other US federal. state and local laws, rules and regulations that are designed or intended to prohibit, restrict or
            regulate actions having the purpose or effect of monopolisation or restraint of trade or significant impediments or lessening of competition or the creation or strengthening of a dominant position through merger or acquisition, in any case that
            are applicable to the Acquisition;</font></td>
      </tr>

  </table>
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    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">65</font></div>
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  <table style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt; width: 30%"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;US ESPP&#8221;</b></font></td>
        <td style="width: 1%">&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt; width: 69%"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Spirent US Employee Stock Purchase Plan
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Viavi&#8221;</b></font></td>
        <td>&#160;</td>
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            State of Delaware, United States of America; <br>
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      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Viavi Group&#8221;</b></font></td>
        <td>&#160;</td>
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            purpose the acquisition of the Spirent Group following the Effective Date);</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Voting Record Time&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify; padding-bottom: 10pt"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the time and date to be specified in the Scheme Document
            by reference to which entitlement to vote at the Court Meeting will be determined, expected to be 6.30 p.m. on the day which is two Business Days before the Court Meeting or, if the Court Meeting is adjourned, 6.30 p.m. on the day which is two
            Business Days before the date of such adjourned Court Meeting; and</font></td>
      </tr>
      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>&#8220;Wells Fargo Securities&#8221;</b></font></td>
        <td>&#160;</td>
        <td style="font: 10pt Arial, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Wells Fargo Securities, LLC.</font></td>
      </tr>

  </table>
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<TYPE>EX-2.2
<SEQUENCE>3
<FILENAME>ny20023240x1_ex2-2.htm
<DESCRIPTION>EXHIBIT 2.2
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>EXECUTION VERSION</b></p>
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        <td style="font-size: 18pt; ">Co-operation Agreement</td>
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        <td>relating to the takeover offer for the entire issued and to be issued share capital of Spirent Communications plc</td>
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        <td>Dated 5 March 2024</td>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="font-size: 12pt">Viavi Solutions Inc.</font></p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="font-size: 12pt">Viavi Solutions Acquisitions Limited</font></p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">and</p>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: justify"><font style="font-size: 10pt"><b>VIAVI</b></font><b> SOLUTIONS INC.</b>, whose registered office is at 1445 South Spectrum Boulevard, Suite 102, Chandler, AZ 85286, United States of America (&#8220;<b>Viavi</b>&#8221;);</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-size: 10pt"><b>VIAVI SOLUTIONS ACQUISITIONS LIMITED</b>, </font>a company incorporated in England and Wales with registered number 15521962 and whose registered office is at 27 Old Gloucester
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-size: 10pt"><b>SPIRENT COMMUNICATIONS PLC</b>,</font> a company incorporated in England and Wales with registered number 00470893 and whose registered office is at Origin One, 108 High Street,
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">Viavi and Bidco intend to announce a firm intention to make a recommended offer for the entire issued and to be issued share capital of Target (the &#8220;<b>Acquisition</b>&#8221;) to be implemented by way of a Scheme or, if
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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        <td style="width: 34pt">1</td>
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      </tr>

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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>1.1</b></font></td>
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>Bidco Directors</b> means the directors of Bidco from time to time and <b>Bidco Director</b> shall be construed accordingly;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b></b></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>Clearances</b> means:</p>
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      <tr style="vertical-align: top">
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        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">any approvals, authorisations, consents, certificates, clearances, determinations, findings of suitability, permissions, confirmations, comfort letters, and exemptions or waivers that are required to be obtained;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68pt; text-align: justify; text-indent: -34pt">&#160;</p>
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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
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        <td style="text-align: justify">all filings that are required to be made; and</td>
      </tr>

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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
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        <td style="text-align: justify">all waiting periods that are necessary to have expired,</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>Code</b> means the City Code on Takeovers and Mergers issued by the Panel, as amended from time to time;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>Conditions</b> means:</p>
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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt">(i)</td>
        <td style="text-align: justify">for so long as the Acquisition is being implemented by means of the Scheme, the conditions to the implementation of the Acquisition as set out in Appendix I to the Announcement (as may be amended by agreement in
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt">&#160;</p>
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        <td style="width: 34.05pt">(ii)</td>
        <td style="text-align: justify">if the Acquisition is implemented by means of an Offer, the conditions referred to in (i) above, as amended by replacing the Scheme Conditions with the Acceptance Condition, and as may be further amended by Bidco
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>Confidentiality Agreement</b> means the confidentiality agreement between Viavi and Target in relation to the Acquisition dated 29 January 2024;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>Confidentiality and Joint Defence Agreement</b> means the confidentiality and joint defence agreement between Viavi and Target in relation to the Acquisition
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>Court</b> means the High Court of Justice in England and Wales;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>Court Meeting</b> means the meeting of Target Shareholders to be convened at the direction of the Court pursuant to Part 26 of the Act at which a resolution
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>DBP </b>means Target&#8217;s Deferred Bonus Plan (Amended 2022);</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>Effective</b> means in the context of the Acquisition:</p>
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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt">(i)</td>
        <td style="text-align: justify">if the Acquisition is implemented by way of the Scheme, the Scheme having become effective pursuant to its terms; or</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

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        <td style="width: 34.05pt">(ii)</td>
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      </tr>

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    Acquisition, and any pre-divestiture reorganisations) or assurance (financial or otherwise) offered or required in connection with the obtaining of any Clearances and <b>Remedy</b> shall be construed accordingly;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"><b>&#160;</b></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

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        <td style="text-align: justify">if, after the Scheme has been approved by Target Shareholders and/or the approval of the Target Resolutions at the General Meeting, the Target Directors announce that they shall not implement the Scheme (other than
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify">amendments to the articles of association of Target, and such other matters as may be agreed between Target and Bidco as necessary or desirable for the purposes
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify">In this Agreement, &#8220;<b>to the extent that</b>&#8221; shall mean &#8220;<b>to the extent that</b>&#8221; and not solely &#8220;<b>if</b>&#8221;, and similar expressions shall be construed in
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        <td style="text-align: justify">providing an appropriate set of information or response to a specific question (as applicable) as is reasonably practicable at the time of such notification, filing or submission (notwithstanding that a Regulatory
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    Bidco and Target shall co-operate with each other and provide each other with all reasonable information, assistance and access in a timely manner in order to allow for Bidco, and (in respect of the filing identified under Clause 3.2.2 only) Target, to
    assess and make any filings, notifications or submissions as are necessary for the purposes of implementing the Acquisition and/or in connection with the Clearances in each case with or to the Regulatory Authorities. This shall include, except to the
    extent that to do so is prohibited by Law, that:</p>
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        <td style="text-align: justify">Bidco will submit any relevant notification (or draft notification where appropriate) to each Regulatory Authority as soon as is reasonably practicable after the date of this Agreement and within any applicable
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      </tr>

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        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">the notifications required under the HSR Act within 15 Business Days after the date of this Agreement, provided that, in the event that the FTC Premerger Notification Office is not processing HSR Filings on what
          would otherwise be the HSR Filing deadline under this Clause 3.2.1(i), then Bidco shall submit the notifications required under the HSR Act as promptly as practicable after the FTC Premerger Notification Office resumes processing HSR Filings;</td>
      </tr>

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        <td style="text-align: justify">a merger notice or briefing paper to the CMA as soon as practicable after the date of this Agreement subject to Target materially complying with its co-operation obligations under this Clause 3.2; and</td>
      </tr>

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        <td style="text-align: justify">as soon as reasonably practicable after the date of this Agreement, a relevant notification to:</td>
      </tr>

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        <td style="text-align: justify">the United Kingdom&#8217;s Investment Screening Unit under the United Kingdom&#8217;s National Security and Investment Act;</td>
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        <td style="text-align: justify">the French Ministry of the Economy pursuant to the French Monetary and Financial Code; and</td>
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        <td style="text-align: justify">the German Federal Ministry for Economic Affairs and Energy (<i>Bundesministerium f&#252;r Wirtschaft und Energie</i>) under the German Foreign Trade Act (<i>Au&#223;enwirtschaftsgesetz</i> ("<b>AWG</b>")) in conjunction with
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        <td style="text-align: justify">Target will submit the notifications required under the HSR Act within 20 Business Days after the date of this Agreement.</td>
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        <td style="text-align: justify">Bidco shall not (and shall procure that each member of the Viavi Group shall not) apply, or submit any notifications or submissions in relation to Clearances, other than those Clearances referenced in Clause 3.2.1
          above, without the prior written consent of Target (such consent not to be unreasonably withheld, delayed or conditioned);</td>
      </tr>

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      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>3.2.4</b></font></td>
        <td style="text-align: justify">subject to Clause 5 (<i>Qualifications</i>), Bidco and Target shall:</td>
      </tr>

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        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">provide, or procure the provision of, draft copies of all submissions, material correspondence and material communications intended to be sent to any Regulatory Authority in relation to obtaining any Clearances to
          the other party and its legal advisers at such time as will allow the other party a reasonable opportunity to provide comments on such submissions and communications before they are submitted or sent;</td>
      </tr>

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        <td style="text-align: justify">take into account such comments made by the other party as are reasonable on such submissions, material correspondence and material communications; and</td>
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        <td style="text-align: justify">provide the other party with copies of all such submissions and communications in the form finally submitted or sent;</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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        <td style="text-align: justify">Bidco and Target shall notify each other, and shall provide copies to each other through their legal advisers, in a timely fashion of any material communication from any Regulatory Authority in relation to obtaining
          any Clearance and shall as promptly as reasonably practicable respond to any request for information by any Regulatory Authority;</td>
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>3.2.6</b></font></td>
        <td style="text-align: justify">where reasonably requested by a party and with reasonable prior notice, the other party shall make available appropriate representatives for meetings and/or telephone calls requested by any Regulatory Authority in
          connection with the obtaining of all Clearances and the implementation of the Acquisition;</td>
      </tr>

  </table>
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      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>3.2.7</b></font></td>
        <td style="text-align: justify">where permitted by the Regulatory Authority concerned, Target shall have the right to nominate persons to attend meetings and participate in telephone conversations other than those of an administrative nature (and
          make oral submissions in such meetings and telephone calls) between Bidco and any Regulatory Authority, and Bidco shall provide Target with reasonable prior notice to facilitate the attendance of such persons at the relevant meetings and
          telephone calls; and</td>
      </tr>

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      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>3.2.8</b></font></td>
        <td style="text-align: justify">Bidco and Target shall keep each other and their respective legal advisers informed as soon as is reasonably practicable of developments which are material or potentially material to the obtaining of any Clearances
          and/or the satisfaction of the Regulatory Conditions.</td>
      </tr>

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        <td style="text-align: justify">Without prejudice to Bidco&#8217;s right to determine the strategy to be pursued in accordance with Clause 3.1, Bidco shall use, and shall procure that the members of the Viavi Group shall use, all reasonable endeavours to
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          the imposition of, or offering, any Remedy) which would, individually or in the aggregate, be of material significance to the Viavi Group or to the Target Group in the context of the Acquisition (as such material significance is or would fall to
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      </tr>

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        <td style="text-align: justify">co-operate reasonably and in good faith with Bidco, including, upon request by Bidco, furnishing without undue delay Bidco with all information concerning itself, its Group, directors, officers and stockholders and
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        <td style="text-align: justify">when required, promptly contact and correspond with any Regulatory Authority in relation to any Clearances sought by Bidco in respect of the Acquisition in accordance with this Agreement, including submitting and
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify">Bidco undertakes to Target that, until the Regulatory Conditions are satisfied, it shall not (and shall procure that each member of the Viavi Group shall not)
    take, or omit to take or permit or cause to be taken or omitted to be taken, any action, or negotiations or enter into any discussions with a third party or any agreement for, or consummate, any acquisition, disposal, reorganisation, merger or other
    form of transaction which would, or would be reasonably likely to, have the effect of preventing or delaying satisfaction of the Regulatory Conditions.</p>
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>3.6.1</b></font></td>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="text-align: justify">maintain their recommendation for the Acquisition;</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">adjourn, postpone or seek to adjourn or postpone (or refrain from adjourning or postponing or seeking to adjourn or postpone) any shareholder meeting or court hearing which has been or shall be convened in relation
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      </tr>

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        <td style="text-align: justify">(without prejudice to any other obligation Target has under this Agreement) require Target to make any change (or refrain from making any change) to the timetable for implementing the Acquisition.</td>
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      <tr style="vertical-align: top">
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      </tr>

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        <td style="text-align: justify">to provide promptly to Target all such Viavi Information as may be required or is reasonably requested by Target and/or its professional advisers (having regard to the Code and applicable Law) for the purpose of
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      </tr>

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      <tr style="vertical-align: top">
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        <td style="text-align: justify">to provide as soon as reasonably practicable all such other assistance and access to personnel and information as may be reasonably required or is reasonably requested by Target for the preparation of the Scheme
          Document including access to, and ensuring that reasonable assistance is provided by, the Viavi Group&#8217;s management and professional advisers;</td>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">to procure that the Bidco Directors and Viavi Directors (and any other person connected with Bidco as required by the Panel) accept responsibility, if and to the extent required (and on the terms required) by the
          Code, for all information in the Scheme Document relating to Bidco, Viavi, the Bidco Directors, the Viavi Directors, the Viavi Group, Viavi&#8217;s future plans and intentions for the Target Group, including any statements of opinion, belief or
          expectation of the Bidco Directors and/or the Viavi Directors in relation to the Acquisition or the Target Group following completion of the Acquisition and any other information in the Scheme Document for which an offeror and/or its directors
          would be required under the Code or applicable Law to accept responsibility; and</td>
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        <td style="text-align: justify">that, if any supplemental circular or document is required to be published in connection with the Scheme or, subject to the prior written consent of Bidco (such consent not to be unreasonably withheld or delayed)
          and, where required, the consent of the Panel, any variation or amendment to the Scheme, it shall as soon as reasonably practicable provide such co-operation and information necessary to comply with all applicable provisions of the Code or
          applicable Law as may be reasonably requested or is reasonably required by Target to prepare and publish such document.</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="text-align: justify">notify the other party as promptly as reasonably practicable after becoming aware that any information provided by it for use in the Scheme Document or any other document to be prepared in connection with the
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">to the extent required by the Panel under the Code to correct any such false or misleading information.</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">Without prejudice to Clause 10.3, Bidco shall allow Target a reasonable opportunity to provide comments on any announcement or communication to Target Shareholders, employees, optionholders, or trustees of Target&#8217;s
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">Nothing in Clauses 3 (<i>Undertakings in relation to Regulatory Conditions</i>) or 4 (<i>Target Documentation</i>) shall require any party (the &#8220;<b>disclosing party</b>&#8221;) to provide or disclose to the other party any
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b></b></p>
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        <td style="text-align: justify">which the disclosing party (acting reasonably) considers to be commercially or competitively sensitive or confidential information related to its business and/or any member of its Group which is not relevant to the
          Acquisition or any Clearance;</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="text-align: justify">that is personally identifiable information of a director, officer or employee of the disclosing party or any member of its Group (other than the names and roles thereof), unless that information is relevant to the
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      </tr>

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        <td style="text-align: justify">which the disclosing party is prohibited from disclosing by Law or a Regulatory Authority;</td>
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        <td style="text-align: justify">where such disclosure would result in the loss of any privilege that subsists in relation to such information (including but not limited to legal advice privilege); or</td>
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      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>5.1.5</b></font></td>
        <td style="text-align: justify">in circumstances that would result in that party being in breach of a material contractual obligation,</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify">(the &#8220;<b>restricted information</b>&#8221;).</p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">Without prejudice to any other obligation of Bidco set out in Clause 3.3, but subject always to each party&#8217;s obligations pursuant to Clause 3 (<i>Undertakings in relation to Regulatory Conditions</i>), each party may
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="text-align: justify">provide Bidco with any restricted information reasonably requested by Bidco pursuant to Clause 3.2, on an &#8220;external counsel only&#8221; basis in accordance with the requirements of Practice Statement No. 30 published by
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="text-align: justify">provide any restricted information to Bidco pursuant to the Clean Team Agreement where reasonable to do so; or</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>5.2.3</b></font></td>
        <td style="text-align: justify">to the extent agreed with Bidco, provide such restricted information directly to a Regulatory Authority (with a non-confidential version of any relevant filing, submission or communication being provided to Bidco).</td>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>6.1.1</b></font></td>
        <td style="text-align: justify">not to object to, and co-operate in good faith with Target in relation to the Sanction Hearing being convened as soon as reasonably practicable after (provided that the date of the Sanction Hearing shall not be a
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">not to object to, and co-operate in good faith with Target and take such steps as are necessary or reasonably desirable in relation to, the Scheme being implemented as soon as reasonably practicable following the
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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        <td style="text-align: justify">by no later than the Business Day prior to the Sanction Hearing, to deliver a written notice to Target confirming either:</td>
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      <tr style="vertical-align: top">
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        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">its intention to invoke a Condition (if permitted by the Panel), in which case Bidco shall provide Target with details of the event which has occurred, or circumstances which have arisen, which Bidco reasonably
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: 0in">&#160;</p>
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        <td style="text-align: justify">If Bidco becomes aware, either before or after publication of the Scheme Document, of any fact, matter or circumstance that would (in Bidco&#8217;s reasonable opinion) allow any of the Conditions to be invoked, Bidco shall
          inform Target as soon as reasonably practicable (including on the basis on which Bidco considers it might be able to invoke any such Condition). Bidco agrees that if it intends to seek the permission of the Panel to invoke a Condition it will,
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
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      <tr style="vertical-align: top">
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      </tr>

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      <tr style="vertical-align: top">
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        <td style="text-align: justify">The parties currently intend to implement the Acquisition by means of the Scheme. However, Bidco shall have the right, subject to the consent of the Panel, to elect at any time to implement the Acquisition by way of
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">Target provides its prior written consent (an &#8220;<b>Agreed Switch</b>&#8221;) in which case Clause 7.2 shall apply;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">(without prejudice to any relevant party&#8217;s right to terminate this Agreement pursuant to Clause 12.1.3) a Target Board Recommendation Change occurs;</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">a third party announces a firm intention to make an offer for the entire issued and to be issued share capital of Target under Rule 2.7 of the Code, provided that Bidco shall consult with Target prior to electing to
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">Target adjourns the Sanction Hearing without the prior written consent of Bidco.</td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">In the event of any Agreed Switch, unless otherwise agreed between Target and Bidco or required by the Panel: </td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.2.1</b></font></td>
        <td style="text-align: justify">the Acceptance Condition shall be set at not more than 75 per cent. of the Target Shares to which the Offer relates, or, where any of the circumstances set out in Note 2 on Section 8 of Appendix 7 of the Code applies
          (which for the avoidance of doubt includes a Target Board Recommendation Change), at not more than 90 per cent. of the Target Shares to which the Offer relates (or, in either case, such lesser percentage, being more than 50 per cent. of the
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="text-align: justify">Bidco shall:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt"></p>
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      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">agree with Target in a timely manner the form and content and timing of publication of any joint announcements relating to the Agreed Switch and its implementation and any proposed changes to the timetable in
          relation to the implementation of the Agreed Switch;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">prepare as soon as reasonably practicable the Offer Document and related form of acceptance; and</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
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      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(iii)</td>
        <td style="text-align: justify">allow Target a reasonable opportunity to consider the draft Offer Document and related form of acceptance and consider in good faith for inclusion any reasonable comments proposed by Target and/or its legal advisers
          on such documents;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.2.3</b></font></td>
        <td style="text-align: justify">Bidco agrees to seek Target&#8217;s approval of the contents of the information on Target, or for which Target or the Target Directors are taking responsibility, contained in the Offer Document before it is published, and
          to afford Target a reasonable opportunity to consider such document in order to give its approval of such information (such approval not to be unreasonably withheld or delayed);</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.2.4</b></font></td>
        <td style="text-align: justify">Bidco shall not take any action (including publishing an Acceptance Condition Invocation Notice) which would cause the Offer not to proceed, to lapse or to be withdrawn, in each case for non-fulfilment of the
          Acceptance Condition, prior to the 60th day after publication of the Offer Document (or such later date as may be set in accordance with Rule 31.3 of the Code) and Bidco shall ensure that the Offer remains open for acceptance until such time;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.2.5</b></font></td>
        <td style="text-align: justify">Bidco shall not, without the prior written consent of Target, make any Acceleration Statement unless:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">all of the Conditions (other than the Acceptance Condition) have been satisfied or waived (if capable of waiver);</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">the Acceleration Statement contains no right for Bidco to set the statement aside (except with Target&#8217;s consent); and</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(iii)</td>
        <td style="text-align: justify">Bidco undertakes to Target not to take any action or step otherwise to set the Acceleration Statement aside;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.2.6</b></font></td>
        <td style="text-align: justify">if an official authorisation or regulatory clearance remains outstanding prior to the last date permitted under Rule 31.1 of the Code, Bidco shall consult Target and the Panel as to whether the offer timetable should
          be suspended and, if required by either party, shall request the Panel to suspend the offer timetable by 5.00pm on the second day prior to the 39<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day after
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.2.7</b></font></td>
        <td style="text-align: justify">Bidco shall ensure that, other than the inclusion of the Acceptance Condition and the exclusion of the Scheme Conditions, the only conditions to the Offer shall be the Conditions; and</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.2.8</b></font></td>
        <td style="text-align: justify">Bidco shall keep Target informed, on a regular and confidential basis and in any event within two Business Days following any request from Target, of the number of Target Shareholders that have:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">validly accepted or withdrawn their acceptance of the Offer; or</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">incorrectly submitted their acceptance or withdrawal,</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: 0in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: 0in">and in each case, the identity of such shareholders and the number of Target Shares held by such shareholders.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b></b></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify">The parties agree that in the case of any Agreed Switch, save as set out in this Clause 7, all the provisions of this Agreement relating to the Scheme and the Scheme Document and its implementation shall apply to the
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      </tr>

  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify">Bidco hereby represents that it is not, at the date of this Agreement, and undertakes that (for so long as this Agreement is in force) it shall not become, following the date of this Agreement, required to make a
          mandatory offer for Target pursuant to Rule 9 of the Code.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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      </tr>

  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify">The parties shall take all such steps as are reasonably necessary to implement any revised or amended terms of the Acquisition which is recommended by the Target
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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      </tr>

  </table>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>9.1</b></font></td>
        <td style="text-align: justify">The parties agree that in addition to the consideration payable in connection with the Acquisition, prior to the Effective Date, the Target Directors will be entitled (if they see fit) to declare and approve the
          payment of a dividend by Target to Target Shareholders on the register of members of Target at the Scheme Record Time (or, if the Acquisition is implemented by way of an Offer, the date on which the Offer is declared or becomes unconditional) in
          an amount of 2.5 pence per Target Share (the &#8220;<b>Special Dividend</b>&#8221;). The payment of such Special Dividend shall be conditional upon, and only payable if, the Scheme becomes Effective (or, if the Acquisition is implemented by way of an Offer,
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify">Target Shareholders will be entitled to receive and retain the Special Dividend without any reduction being made to the Acquisition Price payable in connection with the Acquisition.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify">Viavi and Bidco each consents (and shall, if required, confirm such consent in writing to the Panel before the Special Dividend is declared) to the Special Dividend being declared, made and paid for the purposes of
          Rule 21 of the Code and agrees that it shall not have the right to invoke Condition 3.10(b) in Appendix I to the Announcement in respect of such declaration, making or payment of such Special Dividend.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify">Bidco and Viavi each undertakes in favour of Target that, following completion of the Acquisition, it will not cause or permit the payment of the Special Dividend to be revoked or cancelled unless, and then only to
          the extent that, payment of the Special Dividend would contravene Part 23 of the Act or any other applicable law or regulation.</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify">Bidco reserves the right (without prejudice to any right Bidco may have, with the consent of the Panel, to invoke Condition 3.10(b) in Appendix I to the Announcement) to (at Bidco&#8217;s sole discretion) reduce the
          Acquisition Price by an amount equal to any dividend, distribution or other return of value declared, made or paid by Target (other than the Special Dividend). In such circumstances, the Target Shareholders shall be entitled to retain any such
          dividend, distribution or other return of value and any reference in the Announcement or this Agreement to the Acquisition Price will be deemed to be a reference to the Acquisition Price as so reduced.</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt">10</td>
        <td style="text-align: justify">Share Plans and Employee Matters</td>
      </tr>

  </table>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>10.1</b></font></td>
        <td style="text-align: justify">The parties agree that the provisions of Part A of Schedule 1 (<i>Share Plans and Employee Matters)</i> shall apply in connection with the implementation of the Acquisition in respect of the Target Share Plans.</td>
      </tr>

  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>10.2</b></font></td>
        <td style="text-align: justify">The parties agree that the provisions of Part B of Schedule 1 (<i>Share Plans and Employee Matters)</i> shall apply in connection with the implementation of the Acquisition in respect of certain employee related
          matters.</td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>10.3</b></font></td>
        <td style="text-align: justify">Target shall determine the strategy for communicating the provisions of Schedule 1 (<i>Share Plans and Employee Matters</i>), in respect of Target Share Plans and other employee matters, to the employees of Target.
          Target intends to consult Bidco in relation to such strategy for communicating the provisions of Schedule 1 (<i>Share Plans and Employee Matters) </i>provided that there has not been a Target Board Recommendation Change<i>.</i></td>
      </tr>

  </table>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>10.4</b></font></td>
        <td style="text-align: justify">The parties agree that if the Acquisition is implemented by way of the Scheme, the timetable for its implementation shall be fixed so as to enable options and awards under Target Share Plans which provide for
          exercise and/or vesting on the Court Sanction Hearing Date to be exercised or vest in sufficient time to enable the resulting Target Shares to be bound by the Scheme on the same terms as Target Shares held by Target Shareholders.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt">11</td>
        <td style="text-align: justify">D&amp;O Insurance</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>11.1</b></font></td>
        <td style="text-align: justify">If and to the extent that such obligations are permitted by Law, for six years after the Effective Date, Bidco undertakes in favour of Target and in favour of each of the directors and officers (and other individuals
          serving in roles equivalent to that of a director and/or officer and/or who are subject to fiduciary (or equivalent) duties to a member of the Target Group as a result of the position they hold, such individuals being &#8220;<b>Relevant Individuals</b>&#8221;))


          of the Target Group as at and prior to the date of this Agreement to:</td>
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  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>11.1.1</b></font></td>
        <td style="text-align: justify">procure that the members of the Target Group shall honour and fulfil all their respective obligations (if any) existing at the date of this Agreement regarding exclusion or limitation of liability of directors,
          officers and Relevant Individuals, the indemnification of officers, directors and Relevant Individuals and the advancement of expenses with respect to matters existing or occurring at or prior to the Effective Date; and</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>11.1.2</b></font></td>
        <td style="text-align: justify">provide reasonable assistance to current and former directors, officers and Relevant Individuals of the Target Group to the extent that they need to make a claim against the Target Group&#8217;s directors&#8217; and officers&#8217;
          insurance policy (including under the cover described in Clause 11.2) with respect to matters existing or occurring at or prior to the Effective Date.</td>
      </tr>

  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>11.2</b></font></td>
        <td style="text-align: justify">Bidco shall procure the provision of directors&#8217; and officers&#8217; liability insurance for both current and former directors, officers and Relevant Individuals (to the extent covered by the scope of the Target Group&#8217;s
          directors&#8217; and officers&#8217; liability insurance existing at the date of this Agreement) of the Target Group, including directors, officers and Relevant Individuals who retire or whose employment is terminated in connection with the Acquisition, for
          acts and omissions up to and including the Effective Date, in the form of run-off cover for a period of six years following the Effective Date. Such insurance cover shall be with reputable insurers and provide cover (in terms of amount, scope and
          breadth) that is no less favourable to that provided under the Target Group&#8217;s directors&#8217; and officers&#8217; liability insurance (but only to the extent (in the case of Relevant Individuals) that such Relevant Individuals are covered by the scope of
          the Target Group&#8217;s directors&#8217; and officers&#8217; liability insurance existing at the date of this Agreement) in place as at the date of this Agreement.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b></b></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>11.3</b></font></td>
        <td style="text-align: justify">Each of the directors, officers and Relevant Individuals of the Target Group to which the foregoing provisions of this Clause 11 (<i>D&amp;O Insurance</i>) apply shall have the right, pursuant to the Contracts
          (Rights of Third Parties) Act 1999, to enforce their rights against Bidco or any of its successors or assigns under the foregoing provisions of this Clause 11 (<i>D&amp;O Insurance</i>).</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt">12</td>
        <td style="text-align: justify">Termination</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>12.1</b></font></td>
        <td style="text-align: justify">Subject to Clauses 12.1.4(vi) and 12.3, this Agreement shall be terminated with immediate effect and all rights and obligations of all parties under this Agreement shall cease as follows:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>12.1.1</b></font></td>
        <td style="text-align: justify">if agreed in writing between the parties at any time prior to the Effective Date;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>12.1.2</b></font></td>
        <td style="text-align: justify">if the Announcement is not released at or before 5.00 p.m. on the date of this Agreement (unless, prior to that time, the parties have agreed another time and date in accordance with Clause 2 (<i>Effective Date</i>))
          in which case the later time and date shall apply for the purposes of this Clause 12.1.2);</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>12.1.3</b></font></td>
        <td style="text-align: justify">upon service of written notice by Bidco to Target if a Target Board Recommendation Change occurs;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>12.1.4</b></font></td>
        <td style="text-align: justify">upon service of written notice by either Bidco to Target or Target to Bidco if one or more of the following occurs:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">except in the case of an Agreed Switch, the Scheme is not approved by the requisite majority of the Target Shareholders at the Court Meeting or the Target Resolutions are not passed by the requisite majority of the
          Target Shareholders at the General Meeting;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">if the Acquisition is being implemented by way of Scheme, the Court makes a final determination not to sanction the Scheme (for the avoidance of doubt, this shall not include any adjournment of the Sanction Hearing
          or where a determination of the Court not to sanction the Scheme is subject to appeal);</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(iii)</td>
        <td style="text-align: justify">prior to the Long Stop Date, any Condition has been invoked by Bidco (where the invocation of the relevant Condition has been specifically permitted by the Panel);</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(iv)</td>
        <td style="text-align: justify">prior to the Long Stop Date, a third party announces a firm intention to make an offer or revised offer (whether or not subject to the satisfaction or waiver of any preconditions and whether structured as a
          contractual offer or a scheme of arrangement) for Target which completes, becomes effective, or is declared or becomes unconditional;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(v)</td>
        <td style="text-align: justify">if the Acquisition (whether implemented by way of the Scheme or the Offer) lapses, terminates or is withdrawn in accordance with its terms and this Agreement on or prior to the Long Stop Date and, where required,
          with the consent of the Panel (other than where such lapse or withdrawal: (a) is as a result of an Agreed Switch; or (b) is otherwise to be followed within five Business Days (or such other period as Bidco and Target may agree in writing) by an
          announcement under Rule 2.7 of the Code made by Bidco or a person acting in concert with Bidco to implement the Acquisition by a different offer or scheme on substantially the same or improved terms) and which is (or is intended to be)
          recommended by the Target Directors; or</td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(vi)</td>
        <td style="text-align: justify">unless otherwise agreed by the parties in writing or required by the Panel, if the Effective Date has not occurred on or before the Long Stop Date.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>12.2</b></font></td>
        <td style="text-align: justify">Termination of this Agreement shall be without prejudice to the rights of any party that may have arisen prior to termination.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b></b></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>12.3</b></font></td>
        <td style="text-align: justify">The whole of this Clause 12 (<i>Termination</i>), Clause 11 (but only in circumstances where this Agreement is terminated on or after the Effective Date), Clauses 13, 14, 15, 16, 19, 21, 23, 25, 27 and 28 shall
          survive termination of this Agreement.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
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        <td style="width: 0"></td>
        <td style="width: 34pt">13</td>
        <td style="text-align: justify">Representations and Warranties</td>
      </tr>

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        <td style="text-align: justify">the date on which the Acquisition Price is paid to Target Shareholders in accordance with the terms of the Acquisition and the Scheme and (where applicable) Rule 31.9 of the Code; and</td>
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        <td style="text-align: justify">Viavi acknowledges and agrees, on its own behalf and on behalf of the Viavi Group, that any information and/or assistance provided by any of Target Directors, or Target&#8217;s officers, employees or advisers (each, a &#8220;<b>Target


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          Group under or otherwise in connection with this Agreement; or (ii) in connection with the Acquisition, shall in each case be given on the basis that the relevant Target Representative shall not incur any liability nor owe any duty of care to any
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          case for loss or damage resulting from the fraud, fraudulent misrepresentation or wilful concealment of the relevant Target Representative). Each Target Representative shall have the right, pursuant to the Contracts (Rights of Third Parties) Act
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        <td style="text-align: justify">Subject to Clause 16.7, any notice or other communication in connection with this Agreement (each, a &#8220;<b>Notice</b>&#8221;) shall be:</td>
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        <td style="text-align: justify">The parties to this Agreement agree that the provisions of this schedule (this &#8220;<b>Schedule</b>&#8221;) shall apply in respect of the Target Share Plans and certain other employee-related matters.</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="text-align: justify">Subject to applicable confidentiality, legal and regulatory requirements, each party will reasonably co-operate with the other parties in order to facilitate the implementation of the arrangements set out in this
          Schedule.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="text-align: justify">The parties acknowledge that any bonus, vesting or exercise of awards/options or other payments described in this Schedule 1 will be subject to the usual deductions for applicable taxes and national insurance/ social
          security contributions and levies, where such taxes or contributions are required to be withheld and the Proposals set out in this Schedule 1 shall include mechanisms to ensure that any such deductions may be made, and that the appropriate
          proposals to be made by Bidco shall include mechanisms to ensure that any such deductions may be made.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">PART A: TARGET SHARE PLANS</p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt">2</td>
        <td style="text-align: justify">Appropriate proposals to be made</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">The Target and Viavi intend to jointly write to participants in the Target Share Plans on, or as soon as practicable after, the posting of the
    Scheme Document to inform them of: (i) the impact of the Scheme on their outstanding awards and/or options granted under the Target Share Plans (&#8220;<b>Awards</b>&#8221;) as set out in paragraphs 7.1 to 7.7 below (the &#8220;<b>Proposals</b>&#8221;) and any actions they
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify">If the Acquisition is implemented by way of a Scheme, the parties will use good faith efforts to ensure that the timetable for its implementation shall be fixed so far as possible to enable Awards that provide for
          vesting and/or exercise upon the Court Order being granted, to vest and/or be exercised in sufficient time to enable the resulting Target Shares to be bound by the Scheme on the same terms as Target Shares held by Target Shareholders.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify">If the Acquisition is implemented by way of an Offer, references to Court Order being granted in this Schedule will be read as if they refer to the date on which the Offer becomes or is declared unconditional and
          reference to the Scheme will be read as if they refer to the Offer and, subject always to Rule 21.2 of the Code, the parties to this Agreement shall work together in good faith to agree any such modifications to the Proposals as may be necessary
          or desirable.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt">3</td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>3.1</b></font></td>
        <td style="text-align: justify">The Target Resolutions shall include a resolution proposing an amendment to the Target articles of association by the adoption and inclusion of a new article under which any Target Shares issued after the General
          Meeting shall either be subject to the Scheme or (after the Effective Date) shall be immediately transferred to Viavi (or as it may direct) in exchange for the same </td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"></p>
  <!-- Field: Page; Sequence: 30; Options: NewSection; Value: 1 -->
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b></b></font></td>
        <td style="text-align: justify">consideration to be paid by Viavi as is due under the Scheme (or such other consideration as may be agreed between Viavi and the Target and disclosed in the Scheme Document).</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt">4</td>
        <td style="text-align: justify">Outstanding Awards</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>4.1</b></font></td>
        <td style="text-align: justify">As at 4 March 2024, the following Awards were outstanding under the Target Share Plans:</td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;
    <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 93%; border-collapse: collapse; margin-left: 34pt">

        <tr style="vertical-align: bottom">
          <td style="width: 30%; border: Black 1pt solid"><b>Target Share Plan</b></td>
          <td style="width: 29%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid"><b>Form of Award(s)</b></td>
          <td style="width: 41%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid"><b>Number of Target Shares/ options subject to outstanding Awards (inclusive of accrued dividend equivalents where applicable) </b></td>
        </tr>
        <tr style="vertical-align: top; background-color: rgb(204,238,255)">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">LTIP</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Conditional awards</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">10,012,297</td>
        </tr>
        <tr style="vertical-align: top; background-color: White">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid" rowspan="2">EIP</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Share appreciation rights </td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">231,719 </td>
        </tr>
        <tr style="vertical-align: top; background-color: White">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Options</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">18,435</td>
        </tr>
        <tr style="vertical-align: top; background-color: rgb(204,238,255)">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">DBP</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Conditional awards</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">552,366</td>
        </tr>
        <tr style="vertical-align: top; background-color: White">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">UK Sharesave</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Options</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">170,338&#160;&#160;</td>
        </tr>
        <tr style="vertical-align: top; background-color: rgb(204,238,255)">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">US ESPP</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Shares</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">865,663&#160;&#160;</td>
        </tr>
        <tr style="vertical-align: top; background-color: White">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">GAESPP</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Shares</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">48,929&#160;&#160;</td>
        </tr>
        <tr style="vertical-align: top; background-color: rgb(204,238,255)">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid" rowspan="3">UK ESPP</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Partnership Shares</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">214,126</td>
        </tr>
        <tr style="vertical-align: top; background-color: rgb(204,238,255)">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Matching Shares</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">148,760</td>
        </tr>
        <tr style="vertical-align: top; background-color: rgb(204,238,255)">
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">Dividend Shares</td>
          <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">23,788</td>
        </tr>

    </table>

  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt"> </p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">For Target Shares held under the UK ESPP, see paragraph 7.7 of this Schedule 1. These Target Shares are included in the Target&#8217;s wider issued
    share capital of 578,646,363.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">In addition, the parties acknowledge that additional Target Shares may be delivered by way of dividend equivalents under the rules of the DBP.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in"><b><i>&#160;</i></b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt">5</td>
        <td style="text-align: justify">Target Shares in employee trusts</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">The Target further confirms that as at 4 March 2024 the following Target Shares were held in trust on behalf of participants in the Target
    Share Plans:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 93%; border-collapse: collapse; margin-left: 34pt">

      <tr style="vertical-align: top">
        <td style="width: 66%; border: Black 1pt solid"><b>Trust</b></td>
        <td style="width: 34%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid"><b>Number of Target Shares</b></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">Seahawk Employee Share Ownership Trust (&#8220;<b>ESOT</b>&#8221;)</td>
        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">6,114,466</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
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      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">UK Sharesave Trust</td>
        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid">537,835</td>
      </tr>

  </table>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt">6</td>
        <td style="text-align: justify">Operation</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>6.1</b></font></td>
        <td style="text-align: justify">Subject to applicable legislation/regulation and Rule 21.1 of the Code and the consent of the Panel where applicable, Viavi acknowledges and agrees that, before the Effective Date, the Target Directors (and, where
          appropriate, the Target Remuneration Committee) may operate the Target Share Plans as they reasonably consider appropriate in accordance (as relevant) with the rules of the relevant Target Share Plan, Target&#8217;s Remuneration Policy (where
          applicable) and the Target&#8217;s normal practice, save as set out in this Agreement. For the avoidance of doubt, the operation of the Target Share Plans includes (without limitation): granting Awards, determining the extent to which Awards vest, and
          satisfying the vesting of Awards and the exercise of Awards granted in the form of options. The Target Directors confirm that where a relevant participant&#8217;s employment with the Target Group terminates prior to Court Order, in accordance with the
          terms of the LTIP and the Target&#8217;s normal practice, their 2024 Awards shall either lapse on termination of employment, or continue and vest on the earlier of the Normal Vesting Date (as defined in the LTIP) and Court Order, pro-rated to the date
          of</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b></b></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">
    <table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

        <tr style="vertical-align: top">
          <td style="width: 0"></td>
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          <td style="text-align: justify">termination (except to the extent that the Target Remuneration Committee decides, in accordance with the terms of the LTIP and the Target&#8217;s normal practice, that exceptional circumstances exist such that vesting
            should occur earlier or pro-rating should be waived) (the &#8220;<b>Previously Triggered Awards</b>&#8221;).</td>
        </tr>

    </table>

  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>6.2</b></font></td>
        <td style="text-align: justify">Viavi acknowledges that, from the date of this Agreement, the Target may, subject to Rule 21.1 of the Code, satisfy the vesting or exercise of any Awards by issuing new Target Shares or transferring market purchased
          or treasury shares, or cash-settling Awards, always in accordance with the terms of the relevant Target Share Plan.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="width: 34pt"><font style="font-size: 10pt"><b>6.3</b></font></td>
        <td style="text-align: justify">Subject always to Rule 21.1 of the Code and the Target Remuneration Policy, Viking acknowledges that the Target may amend the rules of any of the Target Share Plans to the extent, in the reasonable opinion of the
          Target Directors or the Target Remuneration Committee, the amendments are necessary to implement the Scheme or the treatment set out in this Agreement, comply with any local law requirement, or facilitate the administration of any Target Share
          Plan and, before making any such amendments, the Target shall seek any necessary consents from the Panel for the purposes of Rule 21.1 of the Code.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>6.4</b></font></td>
        <td style="text-align: justify">If the next Annual General Meeting of the Target, which is scheduled for May 2024, occurs prior to the date of Court Order, Viking consents for the purposes of Rule 21.1 of the Code to the Target:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>6.4.1</b></font></td>
        <td style="text-align: justify">adopting new share plan rules as envisaged in consultation with shareholders; and</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>6.4.2</b></font></td>
        <td style="text-align: justify">adopting a new Target Remuneration Policy in 2024,</td>
      </tr>

  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">in each case with such consent being given on the basis that the Target will consult with Viking in advance.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">Viking acknowledges that the Target may make such submissions to the Panel that are necessary to implement the arrangements expressly provided for in this Schedule 1, and Viking agrees to co-operate promptly and in
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt">&#160;</p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify">Treatment of outstanding Awards under the Target Share Plans in connection with the Scheme</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">The treatment of Awards under the Target Share Plans in connection with the Scheme will be as set out in this paragraph 7.</p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><b>The LTIP</b></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.1.1</b></font></td>
        <td style="text-align: justify">Viavi consents for the purposes of Rule 21.1 of the Code to the Target granting further awards under the LTIP on or around March 2024 (subject to dealing restrictions) (the &#8220;<b>2024 Awards</b>&#8221;):</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">in the ordinary course of business and in accordance with its usual practice including in terms of recipients, quantum (total of c. &#163;10.3 million) and performance conditions, for the financial year beginning on 1
          January 2024; and</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
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      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">over 1,215,644 shares in respect of awards it had approved in November 2023 and intended to grant on 15 December 2023 but was unable to do so due to dealing restrictions (the &#8220;<b>December Awards</b>&#8221;).</td>
      </tr>

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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.1.2</b></font></td>
        <td style="text-align: justify">Pursuant to rule 13.7 of the LTIP rules, if the Effective Date occurs prior to the Normal Vesting Date (as defined in the LTIP rules) of any 2024 Awards and any other LTIP</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"></p>
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        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"></td>
        <td style="text-align: justify"> awards granted in 2024 or after (other than (a) the 2024 Notified Employee Awards, which will vest as set out in paragraph 7.1.4 below and (b) the Previously Triggered Awards, which will be treated as set out in
          paragraph 6.1 above) (the&#160;&#8220;<b>Rollover 2024 Awards</b>"), the Rollover 2024 Awards will not vest early on the date of the Court Order and shall automatically rollover on the Effective Date into an award under Viavi&#8217;s 2003 Equity Incentive Plan
          (the "<b>Replacement Viavi Awards</b>") with the following terms:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">the terms of the Replacement Viavi Awards will be the same as set out in the rules of Viavi&#8217;s 2003 Equity Incentive Plan, subject to the terms set out in paragraphs 7.1.2(ii) to (vi) below which will take precedence;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
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      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">the Replacement Viavi Awards for Relevant Replacement Award Participants shall be equal in value to the Rollover 2024 Awards calculated as follows: the number of shares of Viavi common stock equal to the product
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(iii)</td>
        <td style="text-align: justify">all existing performance conditions will be disapplied and no further performance conditions will be applied;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(iv)</td>
        <td style="text-align: justify">each of the vesting and payment dates of the Replacement Viavi Award will be no longer than each of the vesting and payment dates of the Rollover 2024 Awards being replaced;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(v)</td>
        <td style="text-align: justify">no post-vesting holding period will apply to the Replacement Viavi Awards; and</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(vi)</td>
        <td style="text-align: justify">one-third of a Replacement Viavi Award will vest on a participant&#8217;s termination of employment with the Viavi Group after the Effective Date where such termination (1) occurs prior to the first anniversary of the
          Effective Date and (2) is a Qualifying Termination; <u>provided</u>, that upon such vesting, the vested Replacement Viavi Award may be settled by Viavi, at its election, in either shares of Viavi common stock or an amount of cash equal to the
          closing price of one share of Viavi common stock on the NASDAQ Global Select Market on the last trading day prior to the settlement date multiplied by the applicable number of shares of Viavi common stock.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.1.3</b></font></td>
        <td style="text-align: justify">Viavi acknowledges that, because of the Scheme and the rules of the LTIP, any outstanding Awards granted under the LTIP that have not vested or been released from applicable holding periods in the ordinary course
          prior to the date of Court Order will vest and be released from any applicable holding period on the date of Court Order.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.1.4</b></font></td>
        <td style="text-align: justify">Viavi acknowledges that, with regard to outstanding Awards under the LTIP that have not vested in the ordinary course prior to the date of Court Order and are not Rollover 2024 Awards, it is the current intention of
          the Target Remuneration Committee that:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">Such Awards will vest on the date of Court Order subject to performance assessment (where applicable) with no application of time pro-rating;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">Where subject to performance conditions, such Awards will be assessed by the Target Remuneration Committee on, or shortly prior to, the Court Order and all such outstanding unvested LTIP Awards will vest in aggregate
          at a level of 100% and Viavi agrees to the outcome; and</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(iii)</td>
        <td style="text-align: justify">Any holding period applying to such outstanding unvested LTIP Awards will cease to apply on the date of Court Order.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>7.2</b></font></td>
        <td style="text-align: justify"><b>The 2005 Employee Incentive Plan (the &#8220;EIP&#8221;)</b></td>
      </tr>

  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">Viavi acknowledges that any outstanding Awards granted under the EIP that were granted prior to 1 January 2024 and that have not vested or
    become exercisable in the ordinary course prior to the date of Court Order will vest in full and become exercisable on the date of Court Order because of the Scheme in accordance with the rules of the EIP and will remain exercisable for six months from
    the date of Court Order and lapse thereafter (unless they lapse earlier in accordance with the rules of the EIP).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>7.3</b></font></td>
        <td style="text-align: justify"><b>The Deferred Bonus Plan (the &#8220;DBP&#8221;)</b></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">Viavi acknowledges that any outstanding Awards granted under the DBP that have not vested in the ordinary course prior to the date of Court
    Order will vest in full on the date of Court Order because of the Scheme in accordance with the rules of the DBP.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>7.4</b></font></td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.4.1</b></font></td>
        <td style="text-align: justify">Viavi acknowledges that unvested options under the Sharesave Plan will (to the extent that such UK Sharesave options have not previously become exercisable) become exercisable on the date of Court Order to the extent
          of the participants&#8217; accrued savings and interest (if any) under the linked savings arrangements made at the time of exercise. Sharesave options will remain exercisable for six months following Court Order and, to the extent not exercised, will
          lapse after this date unless they lapse earlier in accordance with their terms.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.4.2</b></font></td>
        <td style="text-align: justify">Viking agrees that, in relation to any savings contracts entered into before 1 January 2024, it will, as soon as practicable following the Effective Date, make (or procure payment of) a one-off cash payment to those
          participants in the Sharesave Plan who exercise their Sharesave options conditional on the Court Order of an amount which, after deduction of employee income taxes and social security liabilities arising in respect of such payment, will be equal
          to the additional profit which the participants would have received (by reference to the Acquisition Price and after paying capital gains tax at 20%) had they been able to exercise their Sharesave options, on a tax-advantaged basis, in respect of
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>7.5</b></font></td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.5.1</b></font></td>
        <td style="text-align: justify">Viavi acknowledges that the Offering Period (as defined in the US ESPP) shall end early and all Credit (as defined in the US ESPP) and any cash dividends that have accrued on any Target Shares held on behalf of any
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.5.2</b></font></td>
        <td style="text-align: justify">Viavi and Target acknowledge and agree that Target Shares held on behalf of the US ESPP participants will participate in the Scheme (on the same terms as for other Target Shareholders).</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: -34pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.6.1</b></font></td>
        <td style="text-align: justify">Viavi acknowledges that the Deduction Period (as defined in the GAESPP) shall end early and all Credit (as defined in the GAESPP) held for a GAESPP participant shall be </td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b></b></p>
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        <td style="text-align: justify; font-size: 11pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">applied towards the purchase of Target Shares following the date of Court Order and prior to the Scheme Record Time.</font></td>
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        <td style="text-align: justify">Where local or other requirements mean that an award under the GAESPP cannot be settled in Target Shares, or where a Purchase Right (as defined in the GAESPP) was granted on the basis that it would be settled in
          cash, all Credit held for a GAESPP participant will be refunded to that participant and the participant will receive a payment of cash equal to the difference between the consideration under the Acquisition and the Price (as defined in the
          GAESPP) of the Target Shares which would otherwise have been issued or transferred to the participant.</td>
      </tr>

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      <tr style="vertical-align: top">
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        <td style="text-align: justify">Subject to paragraph 7.6.2 above, Viavi and Target acknowledge and agree that Target Shares held on behalf of the GAESPP participants will participate in the Scheme (on the same terms as for other Target
          Shareholders).</td>
      </tr>

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      <tr style="vertical-align: top">
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        <td style="width: 34pt"><font style="font-size: 10pt"><b>7.7</b></font></td>
        <td style="text-align: justify"><b>UK ESPP</b></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.7.1</b></font></td>
        <td style="text-align: justify">Target Shares held for participants in the UK ESPP are held on behalf of participants in a nominee account operated by Equiniti. Participants in the UK ESPP will participate in the Scheme on the same terms as all
          other Target Shareholders.</td>
      </tr>

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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.7.2</b></font></td>
        <td style="text-align: justify">The Target confirms that, as of 4 March 2024, 386,970 Target Shares are currently held on behalf of participants in the UK ESPP and are included in the Target&#8217;s wider issued share capital of 578,646,363.</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>7.7.3</b></font></td>
        <td style="text-align: justify">Viking acknowledges that &#8220;Matching Shares&#8221; granted under the UK ESPP will not be forfeited due to the Scheme in accordance with the rules of the UK ESPP.</td>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">Subject always to the Target&#8217;s ability to make recommendations to the trustees of the employee benefit trusts to use the Target Shares held in
    the employee benefit trusts to satisfy Awards vesting or options being exercised in the ordinary course, the parties to this Agreement agree that, in priority to the Target issuing Target Shares to satisfy Awards, the trustees of the employee benefit
    trusts will be asked to satisfy any Awards under the Target Share Plans vesting or being exercised on or after the date of Court Order using any unallocated Target Shares. To the extent there are insufficient Target Shares in the relevant employee
    benefit trusts to satisfy outstanding Awards, the Target intends to request the trustees of the relevant employee benefit trust(s) to use any cash held in the employee benefit trusts to the extent necessary to subscribe for new Target Shares or
    purchase existing Target Shares to satisfy outstanding Awards.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt">9</td>
        <td style="text-align: justify">Malus and clawback</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">Viavi acknowledges and agrees that malus and/or clawback will not be applied to any outstanding Awards or options granted under the Target
    Share Plans on or after the date of the Court Order. Subject to Rule 21 of the Codes, the Target may amend the Target Share Plans to reflect this.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">&#160;</p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">PART B: EMPLOYEE MATTERS</p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

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        <td style="width: 0"></td>
        <td style="width: 34pt">10</td>
        <td style="text-align: justify"><font style="font-size: 10pt">Annual bonus arrangements</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 34pt"><font style="font-size: 10pt"><b>10.1</b></font></td>
        <td style="text-align: justify">Viavi agrees that, in respect of participants in any annual bonus arrangement operated by the Target Group in the financial year of the Target in which the Scheme becomes effective:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b></b></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>10.1.1</b></font></td>
        <td style="text-align: justify">For participants who are not Notified Employees:</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

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        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">one-third of each participant&#8217;s target annual bonus will be payable in cash (with no deferral) as soon as reasonably practicable (and in any event within 30 days) following the date the Target is delisted from the
          London Stock Exchange; and</td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">after the Effective Date Viavi, will continue to operate the annual bonus plans on the Target Group&#8217;s terms in place before the Effective Date (but with leaver treatment as set out in this paragraph 10.1.1(ii) and
          paragraph 10.1.1(iii) below), and pay a &#8220;top-up&#8221; amount in cash (with no deferral) based on actual achievement of targets as of the usual incentive payment date to the extent the participant&#8217;s payment is determined to be higher than the amount
          paid pursuant to paragraph 10.1.1(i) above. Such additional payment shall be pro-rated for Target Employees who are subject to a Qualifying Termination and whose termination date is between the Effective Date and the end of the bonus year;</td>
      </tr>

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        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(iii)</td>
        <td style="text-align: justify">the relevant bonus amounts determined in accordance with paragraphs 10.1.1(i) and 10.1.1(ii) shall be paid entirely in cash to:</td>
      </tr>

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        <td style="width: 28.35pt">(a)</td>
        <td style="text-align: justify">Target Employees who remain employed on the relevant bonus payment date; and</td>
      </tr>

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        <td style="width: 102.05pt"></td>
        <td style="width: 28.35pt">(b)</td>
        <td style="text-align: justify">Target Employees who for a Qualifying Termination cease to be employed after the Effective Date but before the relevant bonus payment date or who are under notice at the relevant bonus payment date;</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 68.05pt"></td>
        <td style="width: 34pt">(iv)</td>
        <td style="text-align: justify">Viavi acknowledges and agrees that it will not seek repayment of or clawback amounts paid for the period up to the Effective Date if the payment made pursuant to paragraph 10.1.1(i) above is higher than the amount
          which would have been paid for the full bonus year calculated after the end of the bonus year; and</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">

      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>10.1.2</b></font></td>
        <td style="text-align: justify">For Notified Employees, 100% of each participant&#8217;s target annual bonus will be payable in cash (with no deferral) as soon as reasonably practicable (and in any event within 30 days) following the date the Target is
          delisted from the London Stock Exchange.</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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      <tr style="vertical-align: top">
        <td style="width: 34pt"></td>
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        <td style="text-align: justify">Viavi further acknowledges that on or after the date of the Court Order and the Target being delisted from the London Stock Exchange, malus and/or clawback will not be applied to annual bonus payments made pursuant
          to this paragraph 10.1 or in respect of previous calendar years. Subject to Rule 21.1, the Target may amend the rules of the annual bonus plans and/or the malus and clawback policy to reflect this.</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>10.1.4</b></font></td>
        <td style="text-align: justify">Subject to paragraph 11.4, Viavi agrees that for financial years starting after the financial year of the Target in which the Effective Date occurs, Target Employees will be eligible to participate in such bonus
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.05pt; text-align: justify; text-indent: -34.05pt"><b>&#160;</b></p>
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        <td style="width: 34.05pt"><font style="font-size: 10pt"><b>11.1.1</b></font></td>
        <td style="text-align: justify">Viavi consents for the purposes of Rule 21.1 of the Code to the Target Group, for the purpose of protecting the business to be acquired pursuant to the Acquisition, making cash retention awards (over and above annual
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
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        <td style="text-align: justify"> granted in line with the terms of this Schedule) to Target Employees whose retention the Target Remuneration Committee, or where applicable its delegate, determines is of significant importance for: (a) achieving
          the successful completion of the Acquisition; and/or (b) business continuity in the period up to the Effective Date, of an aggregate value (up to a maximum of USD 13 million (gross)) (&#8220;<b>Retention Awards</b>&#8221;), such consent being given on the
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      </tr>

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        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">50% of each Retention Award is payable as soon as reasonably practicable (and in any event within 30 days) following the date the Target is delisted from the London Stock Exchange; and</td>
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        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">50% is payable as soon as reasonably practicable following the date falling 6 months following the Effective Date, subject to the relevant employees being employed by the Target Group or Viavi Group on, and not
          having resigned prior to, the payment date except that where the relevant employee has been subject to a Qualifying Termination or given or received notice of Qualifying Termination, in either case, during the period beginning on the Effective
          Date and ending on the applicable payment date, payment shall be made in full within 30 days of the date of such Qualifying Termination if earlier (provided that payment shall not be made prior to the Target being delisted from the London Stock
          Exchange).</td>
      </tr>

  </table>
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        <td style="width: 34pt">(i)</td>
        <td style="text-align: justify">the Retention Awards of up to USD 13,000,000 (gross) in aggregate shall be granted to between 180 and 250 Target Employees throughout the organisation at all levels including Executive Directors, Senior Directors,
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 102.05pt; text-align: justify; text-indent: -34pt">&#160;</p>
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        <td style="width: 34pt">(ii)</td>
        <td style="text-align: justify">except as provided in paragraph 11.1.3, that the amount of each Retention Award shall be equal to no more than twelve months of the applicable Target Employee&#8217;s base salary, with the majority of awards granted in
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      </tr>

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        <td style="text-align: justify">Viavi agrees to implement the Retention Awards for the Executive Directors of the Target on the following terms and subject to Rule 21.1 of the Code. Subject to and conditional on completion of the Acquisition and
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      </tr>

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        <td style="text-align: justify">in respect of the Chief Executive Officer: a payment equal to 200 per cent. of his base annual salary (less any legally required deductions); and</td>
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        <td style="text-align: justify">in respect of the Chief Financial &amp; Operations Officer: a payment equal to 175 per cent. of her base annual salary (less any legally required deductions).</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34pt; text-align: justify; text-indent: 0in">Date (or if Viavi elects, in accordance with clause 7.1, to implement the Acquisition by way of an Offer, the date on which the Offer becomes
    or is declared unconditional, as applicable) or in connection with other events associated with the relevant date), Viavi and the Target agree that they shall work in good faith together between the date of this Agreement and the Effective Date to,
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        <td style="text-align: justify">Viavi agrees that any Target Employee immediately prior to the Effective Date who is subject to a Qualifying Termination taking effect, or who gives or has received notice of Qualifying Termination, on the Effective
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      </tr>

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        <td style="text-align: justify">be entitled to applicable redundancy and severance payments, benefits and arrangements that are no less favourable than those in place for the Target Group immediately before the date of this Agreement in the
          relevant jurisdiction; and</td>
      </tr>

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        <td style="text-align: justify">receive any bonus payment(s) in accordance with paragraph 10 above.</td>
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        <td style="text-align: justify">Upon and following the Effective Date, Viavi will, and will procure that other members of Viavi Group will, observe the existing contractual and statutory employment rights, including in relation to pensions, of the
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        <td style="text-align: justify">During the Relevant Period, Viavi agrees that in respect of each of the Target Employees immediately prior to the Effective Date who remain in employment with the Target Group or the Viavi Group it will, and will
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        <td style="text-align: justify">provide benefits and allowances (including equity incentives and pension benefits), which are substantially comparable, in the aggregate, to the benefits and allowances provided to such employees immediately prior to
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    Scheme and does not join the board of Viavi with effect from the Effective Date a payment equal to three months&#8217; fees at the rate paid to them immediately before the Effective Date (less any legally required deductions).</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8220;<b>2024 Notified Employee Awards</b>&#8221; means 2024 Awards granted to Notified Employees;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8220;<b>cause</b>&#8221; means, with respect to the termination of an individual&#8217;s employment by a member of the Viavi Group or the Target Group, that such termination of
    employment is based on, in the reasonable determination of the Viavi Group HR Director, the individual&#8217;s: (i) performance of any act or failure to perform any act in bad faith and to the detriment of the Viavi Group or any member thereof; (ii)
    dishonesty, intentional misconduct, material violation of any applicable Viavi Group policy or Target Group policy, or material breach of any agreement with any member of the Viavi Group or the Target Group; (iii) commission of a crime involving
    dishonesty, breach of trust, or physical or emotional harm to any person; or (iv)&#160;continued unsatisfactory performance of the individual&#8217;s duties or responsibilities, having carried out a performance improvement process in line with practice in the
    relevant country of employment or, where no such practice exists, after receiving written notice thereof and a reasonable opportunity to cure (if curable);</p>
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    express written consent, any of the following circumstances arose on or after the Effective Date: (i) their title, reporting level, or scope of responsibility has been materially diminished; provided, that a diminution of their title, reporting level,
    or scope of responsibility in connection with the Acquisition shall not constitute grounds for constructive dismissal if (A)&#160;there is no diminution in the individual&#8217;s title, reporting level or scope of responsibility within the Target Group as it
    existed before the Acquisition or (B)&#160;the individual is given a title, reporting level and scope of responsibility of materially similar or greater overall scope and responsibility within the Viavi Group (taking into appropriate consideration that a
    nominally lower hierarchical role in a larger company may involve similar or greater scope and responsibility than a nominally higher role in the hierarchy of a smaller company); provided, further, that neither the Acquisition nor the Target&#8217;s ceasing
    to be a standalone publicly traded company will, by itself, constitute grounds for constructive dismissal; (ii) during the Relevant Period, (A) the individual is provided base pay and cash incentive opportunities that are less favourable than those
    provided before the Effective Date or (B) the individual is provided benefits and allowances (including equity incentives and pension benefits), which are not substantially comparable, in the aggregate, to the benefits and allowances provided to such
    individual immediately prior to the Effective Date; or (iii) their normal place of work is moved more than 25 miles from their previous place of work. In the event of any dispute about whether (i) or (ii) applies to a particular Target Employee, the
    decision shall be referred to the Viavi Group HR Director, who will, acting reasonably, determine the position; provided, however, that &#8220;constructive dismissal&#8221; shall not exist if the individual has not provided the Viavi Group with written notice of
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    Group at least 30 days to cure such circumstances, which termination will become effective on the earlier of (x) the end of such cure period (if the specified circumstances remain uncured) and (y)&#160;such earlier date on which the Viavi Group provides
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      10.1</font></p>
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  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">DIRECTOR&#8217;S
      IRREVOCABLE UNDERTAKING</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 0in"></td>
        <td style="width: 0.5in; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">To:</font></td>
        <td><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Viavi
            Solutions Inc (&#8220;<b>Viavi</b>&#8221;)</font></td>
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      South Spectrum Boulevard, Suite 102&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: left; text-indent: 0.5in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Chandler,
      AZ 85286&#160;</font></p>
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      States</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: left; text-indent: 0.5in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      Solutions Acquisitions Limited (<b>&#8220;BidCo</b>&#8221;)&#160;</font></p>
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      Old Gloucester Street&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: left; text-indent: 0.5in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">London&#160;</font></p>
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      Kingdom&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: left; text-indent: 0.5in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">WC1N
      3AX</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left; text-indent: 0.5in"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: right"> _____________________________<font style="font: 10pt Arial, Helvetica, Sans-Serif">2024</font></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      Sirs/Madams</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Acquisition
      of Spirent Communications plc (the &#8220;Company&#8221;)</font></p>
  <p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Background</b></font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>1.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I understand that the boards of the Company, Viavi and BidCo intend to announce a firm intention to
            make an offer for the entire issued and to be issued ordinary share capital of the Company (the &#8220;<b>Acquisition</b>&#8221;) substantially on the terms and subject to the conditions set out in the draft offer announcement provided to me (subject to
            such modifications to the Offer Announcement as may be agreed by BidCo and the Company) (the &#8220;<b>Offer Announcemen</b>t&#8221;).</font></td>
      </tr>

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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>1.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I understand that the Acquisition is expected to be implemented by way of a Scheme (as defined below)
            but that BidCo is entitled, in the circumstances set out in the Offer Announcement and subject to the terms of the Co-operation Agreement (as defined below), to implement the Acquisition by way of an Offer (as defined below).</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>1.3</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Capitalised terms not otherwise defined in this deed shall have the meanings given to them in the
            Offer Announcement.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <!-- Field: Rule-Page -->
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    <div style="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&#160;</div>
  </div>
  <!-- Field: /Rule-Page -->
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    <div id="DSPFPageNumberArea" style="TEXT-ALIGN: center"><font id="DSPFPageNumber" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, Sans-Serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">1</font></div>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Irrevocable undertakings</b></font></td>
      </tr>

  </table>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I,
      the undersigned, irrevocably and unconditionally undertake, confirm, warrant and represent to Viavi and BidCo that:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I am the registered holder and/or the beneficial owner of (or am otherwise able to control the
            exercise of) all rights, including voting rights, attaching to all the shares in the capital of the Company as set out in the first column of the table at Part A of Appendix 1 to this deed (the &#8220;<b>Existing Shares</b>&#8221;) and I hold the
            beneficial interest in the Existing Shares free of any charges or encumbrances;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I have been granted options and awards over shares in the Company under the Company&#8217;s Share Plans as
            set out in the first column of Part B of the table at Appendix 1 to this deed (the &#8220;<b>Awards</b>&#8221;), the Awards are still subsisting and I am beneficially entitled to the Awards;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.3</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the first column of the table at Part A of Appendix 1 to this deed represents a complete and accurate
            list of all the shares and other securities in the Company of which I am the beneficial owner or otherwise able to control the exercise of all rights attaching to them;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.4</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I have full power and authority to, and (unless BidCo otherwise requests me in writing in advance)
            shall, exercise, or where applicable, procure the exercise of, all votes (whether on a show of hands or a poll and whether in person or by proxy) in relation to the Shares at:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.4.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the meeting of the Company&#8217;s ordinary shareholders convened by order of the Court (including any
            adjournment thereof) for the purpose of considering and, if thought fit, approving the Scheme (the &#8220;<b>Court Meeting</b>&#8221;); and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.4.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the general meeting of the Company&#8217;s ordinary shareholders (including any adjournment thereof) to be
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      </tr>

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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">in
      favour of the Scheme, in respect of any resolutions (whether or not amended) required to give effect to the Scheme (the &#8220;<b>Resolutions</b>&#8221;)
      as set out in the notices of meeting in the circular to be sent to shareholders of the Company containing, amongst other things,
      an explanatory statement in respect of the Scheme (the &#8220;<b>Scheme Document</b>&#8221;);</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.5</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I shall, after the despatch of the Scheme Document to the Company&#8217;s shareholders (and without
            prejudice to my right to attend and vote in person at the Court Meeting and/or the GM):</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.5.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">return or procure the return of the signed forms of proxy enclosed with the Scheme Document
            (completed, signed and voting in favour of the Scheme and the Resolutions) in accordance with the instructions printed on the forms of proxy and, if applicable, in respect of any Shares held in uncertificated form, take or procure the taking of
            any such action in order to make a valid proxy appointment and provide valid proxy instructions voting in favour of the Scheme and the Resolutions, as soon as possible and in any event within ten (10) days after the date of despatch of the
            Scheme Document; and</font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.5.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">not amend, revoke or withdraw the forms of proxy once they have been returned in accordance with
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">which, in relation to the Shares, would or might restrict or impede my ability to comply with this
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      for the avoidance of doubt, references in this paragraph 2.6.5 to any agreement, arrangement or obligation shall include any such
      agreement, arrangement or obligation whether or not legally binding or subject to any conditions or which is to take effect upon
      or following the Scheme becoming effective (or the Offer becoming or being declared unconditional), lapsing or being withdrawn
      or upon or following this undertaking ceasing to be binding or upon or following any other event;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.8</b></font></td>
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            supplied, or representation or warranty given, by me under this deed;</font></td>
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">notwithstanding the provisions of paragraph 2.6 above, prior to my voting in favour of the Scheme in
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>2.9.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I notify you no less than two Business Days before such transfer;</font></td>
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">on the date of such transfer I shall procure that the transferee or beneficiary of such Transferred
            Shares sign and deliver to you irrevocable undertakings in respect of such Transferred Shares on the same terms as set out in this deed to you than those set out herein (save if such a transferee has already signed and delivered to you an
            irrevocable undertaking on terms which extends to such Transferred Shares);</font></td>
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Subject to any dealing restriction preventing me from doing so, I shall accept any proposal made by or
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            of options and awards or otherwise ensure that any Shares arising on the exercise of options or vesting of awards prior to the effective date of the Scheme participate in the Scheme, provided that the Relevant Proposal is consistent with the
            terms of the co-operation agreement between the Company and BidCo dated on or around the date of this deed (the &#8220;<b>Co-Operation Agreement</b>&#8221;), or is otherwise stated, in the opinion of BidCo&#8217;s Financial Advisers, to be fair and reasonable
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">selling such number of Shares as may be required to cover my liability for (a) income tax and employee
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">each
      in respect of the exercise of any such options, vesting of any such awards, or acquisition or release of any such Shares, in each
      case following the Court Meeting and the GM but prior to the Scheme Record Time (as defined in the Scheme).</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Publicity</b></font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I consent to:</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3.1.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">a copy of this deed being disclosed to the Panel;</font></td>
      </tr>

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  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3.1.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the announcement of the Acquisition containing references to me and the registered holder(s) of the
            Shares and to this deed substantially in the terms set out in the Offer Announcement;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3.1.3</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any announcement otherwise made in connection with the Acquisition containing references to me and the
            registered holder(s) of the Shares and to this deed substantially in the terms set out in the Offer Announcement;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3.1.4</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the inclusion of references to me and the registered holder(s) of the Shares and particulars of this
            deed being set out in the Scheme Document and/or other formal document(s) (including any supplements thereto) implementing the Acquisition; and</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3.1.5</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">this deed being published on a website as required by Rule 26.2 and Note 4 on Rule 21.2 of the Code or
            the Disclosure Guidance and Transparency Rules or Listing Rules of the Financial Conduct Authority.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I undertake to provide you promptly with all such information in relation to the dealings of myself in
            the share capital of the Company as you may reasonably require to comply with the rules and requirements of the Code, the Panel, the Court, the Financial Conduct Authority and the London Stock Exchange plc, and any legal or regulatory
            requirements, and, as soon as practicable notify you in writing upon becoming aware of any change in the accuracy of any such information previously given by me.</font></td>
      </tr>

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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade">
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3.3</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I acknowledge that I am obliged to make appropriate disclosure under Rule 2.10 of the Code promptly
            after becoming aware that I will not be able to comply with the terms of this deed or no longer intend to do so.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>3.4</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I understand that the information provided to me in relation to the Acquisition is given in confidence
            and must be kept confidential, save as required by law or any rule of any relevant regulatory body or stock exchange, until the Offer Announcement containing details of the Acquisition is released or the information has otherwise become
            generally or publicly available, If and to the extent any of the information is inside information for the purposes of the Criminal Justice Act 1993 or the Market Abuse Regulation (EU) No 596/2014 (as it forms part of assimilated law as defined
            in the EU (Withdrawal) Act 2018 in the United Kingdom), I shall comply with the applicable restrictions in those enactments on dealing in securities and disclosing inside information.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>4</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Termination</b></font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>4.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">This deed shall not oblige BidCo to announce or proceed with the Acquisition. However, without
            prejudice to any accrued rights or liabilities, my Obligations shall terminate and be of no further force and effect if:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>4.1.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Offer Announcement is not released by 5.00 p.m. (UK) on 5 March 2024 (or such later date as the
            Company and BidCo may agree, in which case the later time and date shall apply for the purposes of this paragraph 4.1.1);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>4.1.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">BidCo announces, following the release of the Offer Announcement, with the consent of the Panel, and
            before the Scheme Document (or, if applicable, Offer Document) is published, that it does not intend to proceed with the Acquisition and no new, revised or replacement Scheme or Offer is announced by BidCo in accordance with Rule 2.7 of the
            Takeover Code;</font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>4.1.3</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Scheme Document (or Offer Document, as applicable) is not published within 28 days of the date of
            issue of the Offer Announcement (or such later date as the Panel may agree);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>4.1.4</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Scheme (or Offer, as applicable) is withdrawn or lapses in accordance with its terms, provided
            that this paragraph 4.1.4 shall not apply:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 68.05pt; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">where the Scheme is withdrawn or lapses as a result of BidCo exercising its right to implement the
            Acquisition by way of an Offer rather than a Scheme; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 68.05pt; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">if the lapse or withdrawal either is not confirmed by BidCo or is followed within five Business Days
            by an announcement under Rule 2.7 of the Code by BidCo (or a person acting in concert with it) to implement the Acquisition either by a new, revised or replacement scheme of arrangement pursuant to Part 26 of the Companies Act 2006 or takeover
            offer (within the meaning of section 974 of the Companies Act 2006); or</font></td>
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  </table>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>4.1.5</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any competing offer for the issued and to be issued ordinary share capital of the Company is made
            which becomes or is declared unconditional (if implemented by way of takeover offer) or otherwise becomes effective (if implemented by way of a scheme of arrangement).</font></td>
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  </table>
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">On termination of this deed I shall have no claim against BidCo and BidCo shall have no claim against
            me, save in respect of any prior breach thereof.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>5</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Implementation by way of takeover offer</b></font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>5.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">I acknowledge that BidCo shall have the right and may elect at any time (subject to the terms of the
            Co-operation Agreement and with the consent of the Panel (and whether or not the Scheme Document has then been despatched)) to implement the Acquisition by way of an Offer, as opposed to by way of a Scheme.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>5.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">If such an Offer is made by BidCo, I undertake and warrant that any Obligations shall apply <i>mutatis
              mutandis</i> to such Offer and, in particular, I undertake to accept, or procure the acceptance of, such Offer, in respect of the Shares within 21 days of such Offer. I further undertake, if so required by BidCo, to execute or procure the
            execution of all such other documents as may be necessary for the purpose of giving BidCo the full benefit of the Obligations so applying with respect to such Offer and, notwithstanding the provisions of the Code or any terms of the Offer
            regarding withdrawal, not to withdraw such acceptance.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>5.3</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">References in this deed to:</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>5.3.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Scheme becoming effective shall be read as references to the Offer becoming or being declared
            unconditional; and</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>5.3.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Scheme lapsing or being withdrawn shall be read as references to the lapsing of the Offer.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>6</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Enforcement</b></font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>6.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Governing law</b></font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">This
      deed and any non-contractual obligations arising out of or in connection with it shall be governed by and construed in accordance
      with English law and I agree that the courts of England are to have exclusive jurisdiction to settle any disputes which may arise
      out of or in connection with this deed and that accordingly any proceedings arising out of or in connection with this deed shall
      be brought in such courts.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>6.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Specific performance</b></font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Without
      prejudice to any other rights or remedies which you may have, I acknowledge and agree that damages may not be an adequate remedy
      for any breach by me of any of my Obligations. You shall be entitled to the remedies of injunction, specific performance and other
      equitable relief for any threatened or actual breach of any such Obligation and no proof of special damages shall be necessary
      for the enforcement by you of your rights.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>6.3</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Power of attorney</b></font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">If
      within five Business Days of the relevant forms of proxy or forms of acceptance (as applicable) having been sent to me, I have
      not executed the relevant forms of proxy or, as the case may be, forms of acceptance, I irrevocably and by way of security for
      any undertakings hereunder, appoint each of BidCo, BidCo&#8217;s Financial Advisers and any director of BidCo to be my attorney
      to execute on my behalf proxy forms for any Court Meeting or GM or forms of acceptance to be issued with the Offer Document in
      respect of the Shares (as applicable) and to sign, execute and deliver any documents and to do all acts and things as may be necessary
      for or incidental to the effectiveness of the Scheme or, as the case may be, the acceptance of the Offer and/or performance of
      any obligations under this undertaking provided that such appointment shall not take effect until seven Business Days after the
      despatch of the Scheme Document (or, if applicable, the Offer Document) and only then if I have failed to comply with paragraph
      2.5 (or, if applicable, paragraph 5).</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Interpretation</b></font></td>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Meaning</b></font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In
      this deed:</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7.1.1</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">references to &#8220;<b>Applicable Requirements</b>&#8221; mean the requirements of the Code, the Panel, any
            applicable law, the High Court of Justice in England and Wales, the Companies Act 2006, the Listing Rules, the Disclosure Guidance and Transparency Rules, or the Prospectus Regulation Rules made by the Financial Conduct Authority in exercise of
            its function as competent authority pursuant to Part VI of the Financial Services and Markets Act 2000, the Financial Conduct Authority or the requirements of any other relevant regulatory authority;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7.1.2</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">references to the &#8220;<b>BidCo&#8217;s Financial Advisers</b>&#8221; are to Qatalyst Partners and Wells Fargo;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7.1.3</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">references to the &#8220;<b>Business Days</b>&#8221; means a day, other than a Saturday, Sunday or public holiday,
            when banks are open for business in London, England;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7.1.4</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">references to the &#8220;<b>Code</b>&#8221; are to the UK City Code on Takeovers and Mergers;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7.1.5</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">references to an &#8220;<b>Obligation</b>&#8221; or the &#8220;<b>Obligations</b>&#8221; are to my undertakings, agreements,
            warranties, appointments, consents and waivers set out in this deed;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7.1.6</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">references to an &#8220;<b>Offer</b>&#8221;:</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 68.05pt; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">mean an offer by BidCo for the entire issued and to be issued ordinary share capital of the Company by
            way of a takeover offer within the meaning of section 974 of the Companies Act 2006; and</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 68.05pt; font: 10pt Arial, Helvetica, Sans-Serif"></td>
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">references to an &#8220;<b>Offer Document</b>&#8221; means the offer document published by or on behalf of BidCo
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">means the proposed acquisition by BidCo of the entire issued or to be issued ordinary share capital of
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        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">references to the &#8220;<b>Shares</b>&#8221; mean collectively:</font></td>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">the Existing Shares;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any other shares in the Company of which I may become the beneficial owner or in respect of which I
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 68.05pt; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">any other shares in the Company issued after the date of this deed and attributable to or derived from
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7.1.11</b></font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">references to the &#8220;<b>Share Plans</b>&#8221; mean collectively:</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent Communications plc UK Employee Share Purchase Plan 2005 (last amended 2021);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent Communications plc US Employee Stock Purchase Plan 2021;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent Communications plc Global All-Employee Share Purchase Plan 2021;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iv)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent Communications plc Long-Term Incentive Plan 2016;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
        <td style="width: 68.05pt; font: 10pt Arial, Helvetica, Sans-Serif"></td>
        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(v)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent Communications plc Deferred Bonus Plan (last amended 2022);</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(vi)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent Communications plc UK Sharesave Plan 2021; and</font></td>
      </tr>

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        <td style="width: 0.5in; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(vii)</font></td>
        <td style="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Spirent Communications plc Employee Incentive Plan 2005.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <table style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt" cellpadding="0" cellspacing="0">

      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The
      Acquisition shall be subject to such additional terms and conditions as may be required to comply with Applicable Requirements.</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Except
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      <tr style="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Time
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  <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></p>
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      deed supersedes any previous written or oral agreement between us in relation to the matters dealt with in this deed and contains
      the whole agreement between us relating to the subject matter of this deed at the date of this deed to the exclusion of any terms
      implied by law which may be excluded by contract. I acknowledge that I have not been induced to sign this deed by any representation,
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
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        <td style="font: 10pt Arial, Helvetica, Sans-Serif"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</font></td>
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      Shares to which this deed relates</font></p>
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            <b>Shares subject to</b><br>
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<DOCUMENT>
<TYPE>EX-10.2
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<FILENAME>ny20023240x1_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 4, 2024</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1445 South Spectrum Blvd&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suite 102&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chandler, AZ 85286&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention: Ilan Daskal <br>
    </font></p>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Project Echo</u><br>
      <u>Commitment Letter</u></font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ladies and Gentlemen:</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Viavi Solutions Inc. (&#8220;<b><i>you</i></b>&#8221;
      or the &#8220;<b><i>Borrower</i></b>&#8221;) have advised each of Wells Fargo Securities, LLC (&#8220;<b><i>Wells Fargo Securities</i></b>&#8221;) and Wells Fargo Bank, National Association (&#8220;<b><i>Wells Fargo Bank</i></b>&#8221; and, together with Wells Fargo Securities and any
      commitment parties added pursuant to the terms hereof, &#8220;<b><i>we</i></b>&#8221;, &#8220;<b><i>us</i></b>&#8221; or the &#8220;<b><i>Commitment Parties</i></b>&#8221;) that you intend to consummate the Transactions described in the Transaction Description attached hereto as
      Exhibit A (the &#8220;<b><i>Transaction Description</i></b>&#8221;). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Transaction Description, the Summary of Principal Terms and Conditions attached hereto as Exhibit B
      (the &#8220;<b><i>Term Sheet</i></b>&#8221;), the Summary of Additional Conditions attached hereto as Exhibit C and the form of interim facilities agreement attached hereto as Exhibit D (the &#8220;<b><i>Agreed Form IFA</i></b>&#8221; and, together with this commitment
      letter, the Transaction Description, the Term Sheet and the Summary of Additional Conditions attached hereto as Exhibit C, the &#8220;<b><i>Commitment Letter</i></b>&#8221;).</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Commitments.</u></font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In connection with the
      Transactions, Wells Fargo Bank is pleased to advise you of its commitment to provide 100% of the aggregate principal amount of each of the Initial Term Loan Facility, the Term Cash Flow Facility and the Revolving Facility. Wells Fargo Bank,
      collectively with any initial lenders added pursuant to the terms hereof, are referred to herein as the &#8220;<b><i>Initial Lenders</i></b>&#8221; and each individually as an &#8220;<b><i>Initial Lender</i></b><i>.</i>&#8221;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In connection with the
      Transactions, Wells Fargo Bank is also pleased to advise you that it will, on at least one business days&#8217; notice or such shorter time as the Initial Lenders agree, execute and deliver to you the interim facilities agreement (the &#8220;<b><i>Interim
          Facilities Agreement</i></b>&#8221;) substantially in the form of the Agreed Form IFA, pursuant to which it will commit to provide 100% of the Interim Facilities, together with a letter (the &#8220;<b><i>Interim Facilities CP Confirmation Letter</i></b>&#8221;)
      confirming the status of conditions precedent to funding under the Interim Facilities Agreement on the date of such execution and delivery<i>.</i></font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The obligations under the Interim
      Facilities Agreement shall be separately enforceable in accordance with their terms. The provisions of this Commitment Letter will also remain in full force and effect notwithstanding the entry into the Interim Facilities Agreement and the advance of
      funds thereunder, unless this Commitment Letter has been terminated in accordance with its terms.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">It is however acknowledged and
      agreed by the parties to this Commitment Letter that (a) the commitments to provide the Interim Facilities are not duplicative of the commitments to provide the Facilities and (b) if the Interim Facilities are made available to you pursuant to the
      Interim Facilities Agreement, the Interim Facilities will, on or before the Termination Date (as defined in the Interim Facilities Agreement), be repaid/replaced in full by the loans made under the Facilities Documentation, subject to the
      satisfaction of the conditions precedent in the Facilities Documentation.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">It is acknowledged and agreed by
      the parties to this Commitment Letter, but without affecting the rights and obligations of the parties under the Interim Facilities Agreement, that it is the parties&#8217; intention that they will negotiate the Facilities Documentation in good faith to
      reflect the provisions set out in this Commitment Letter and the Term Sheets and use all commercially reasonable efforts to execute the Facilities Documentation on or prior to the date on which the Acquisition is consummated so that funding of the
      Acquisition may take place pursuant to the Facilities Documentation and not the Interim Facilities Agreement. Accordingly, promptly following the execution of this Commitment Letter and the Fee Letter, the parties hereto shall proceed with the
      negotiation in good faith of the Facilities Documentation and will use reasonable endeavors to ensure that the Facilities Documentation is executed so that the funding of the Facilities may take place pursuant to the Facilities Documentation and not
      the Interim Facilities Agreement, but for the avoidance of doubt such funding pursuant to the Facilities Documentation shall not constitute a condition to the commitments under the Interim Facilities Agreement or to the funding of the Interim
      Facilities during the Certain Funds Period.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Titles and Roles.</u></font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">It is agreed that (i) Wells Fargo Securities will act
      as lead arranger for each of the Facilities (together with any other lead arranger for each of the Facilities, if any, appointed pursuant to the terms hereof, each in such capacity, a &#8220;<b><i>Lead Arranger</i></b>&#8221; and, collectively, the &#8220;<b><i>Lead
          Arrangers</i></b>&#8221;), (ii) Wells Fargo Securities will act as bookrunner for each of the Facilities (together with any other bookrunner for each of the Facilities, if any, appointed pursuant the terms hereof, each in such capacity, a &#8220;<b><i>Joint
          Bookrunner</i></b>&#8221; and, collectively, the &#8220;<b><i>Joint Bookrunners</i></b>&#8221;) and (iii) Wells Fargo Bank will act as administrative agent and collateral agent for the Facilities (in such capacities, the &#8220;<b><i>Administrative Agent</i></b>&#8221;). It
      is further agreed that (a) Wells Fargo Securities shall have &#8220;left side&#8221; designation and shall appear on the top left of any Information Materials (as defined below) and all other marketing materials in respect of each of the Initial Term Loan
      Facility and the Revolving Facility and (b) the other Lead Arrangers will be listed in alphabetical order to the right of Wells Fargo Securities in any Information Materials and all other marketing materials in respect of the Initial Term Loan
      Facility and the Revolving Facility. Except as set forth below, you agree that no other agents, co-agents, arrangers, co-arrangers, bookrunners, co-bookrunners, managers or co-managers will be appointed, no other titles will be awarded and, with
      respect to the Facilities, no compensation (other than compensation expressly contemplated by this Commitment Letter and the Fee Letter referred to below) will be paid by you or any of your affiliates to any Lender (as defined below) in order to
      obtain its commitment to participate in the Facilities unless you and the Majority Lead Arrangers (as defined in the Fee Letter referred to below) shall so agree; <i>provided</i> that you may, on or prior to the date which is 20 business days after
      the date of your acceptance of this Commitment Letter, appoint one or more additional joint bookrunners, arrangers, agents, co-agents, managers or co-managers for the Facilities (&#8220;<b><i>Additional Commitment Parties</i></b>&#8221;), and award such
      Additional Commitment Parties titles in a manner and with economics set forth in the immediately succeeding proviso (it being understood that, to the extent you appoint any Additional Commitment Parties or confer other titles in respect of the
      Facilities, then, notwithstanding anything in Section 3 to the contrary, the commitments of the Initial Lenders in respect of the Facilities, in each case pursuant to and in accordance with this proviso, will be permanently reduced by the amount of
      the commitments of such Additional Commitment Parties (or their relevant affiliates) in respect of such Facility, with such reduction allocated to reduce the commitments of the Initial Lenders in respect of such Facility at such time (excluding any
      Additional Commitment Party that becomes a party hereto pursuant to this proviso) on a pro rata basis according to the respective amounts of their commitments, upon the execution and delivery by such Additional Commitment Party (and any relevant
      affiliate) of customary joinder documentation pursuant to which such Additional Commitment Party becomes party to this Commitment Letter and the Fee Letter and, thereupon, each such Additional Commitment Party (and any relevant affiliate) shall
      constitute a &#8220;Commitment Party&#8221;, a &#8220;Lead Arranger&#8221; and/or &#8220;Joint Bookrunner&#8221; hereunder and it or its relevant affiliate providing such commitment shall constitute an &#8220;Initial Lender&#8221; hereunder); <i>provided</i>, <i>further</i>, that, in connection
      with the appointment of any Additional Commitment Party for the Facilities in accordance with the immediately preceding proviso, (a) the aggregate underwriting economics payable to all such Additional Commitment Parties (or any relevant affiliate
      thereof) in respect of the Facilities shall not exceed 35.0% of the total underwriting economics which would otherwise be payable to the Commitment Parties in respect of the Facilities pursuant to the Fee Letter (exclusive of any fees payable to the
      Administrative Agent in its capacity as such) and no such Additional Commitment Party shall have more economics with respect to any Facility than the Commitment Party party to this Commitment Letter as of the date hereof, (b) each Additional
      Commitment Party (or its relevant affiliates) shall assume a proportion of the commitments with respect to the Facilities that is equal to the proportion of the economics allocated to such Additional Commitment Party and (c) each Additional
      Commitment Party (or its relevant affiliate) shall commit to a ratable share of the Initial Term Facility, the Term Cash Flow Facility and the Revolving Facility (or, if agreed between the Borrower and an Additional Commitment Party (and any relevant
      affiliate), such Additional Commitment Party&#8217;s (or its relevant affiliate&#8217;s) ratable share of the Revolving Facility may be terminated by the Borrower in lieu of such Additional Commitment Party (or its relevant affiliate) committing thereto (and no
      economics shall be awarded in respect of any such terminated Revolving Commitments).</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">2</font>&#160;</div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wells Fargo Bank also confirms
      that it or one of its affiliates has agreed to act as Interim Facilities Agent and Interim Security Agent (each as defined in the relevant Interim Facilities Agreement) and will on at least one business days&#8217; notice or such shorter time as the
      Initial Lenders agree, execute and deliver to you the Interim Facilities Agreement (and all applicable Interim Finance Documents (as defined in the Interim Facilities Agreement)) in such capacities. For the avoidance of doubt, each Initial Lender
      confirms that its commitments under this Commitment Letter are not conditional upon being so appointed as Interim Facilities Agent and/or Interim Security Agent. Nothing in this Commitment Letter shall require you to appoint Wells Fargo Bank as
      Interim Facilities Agent and Interim Security Agent.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Syndication.</u></font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Lead Arrangers reserve the
      right, prior to and/or after the Closing Date (as defined below), to syndicate all or a portion of the Initial Lenders&#8217; respective commitments hereunder to a group of banks, financial institutions and other institutional lenders and investors
      identified by the Lead Arrangers in consultation with you and reasonably acceptable to the Lead Arrangers and you (your consent not to be unreasonably withheld or delayed), including, without limitation, any relationship lenders designated by you and
      reasonably acceptable to the Lead Arrangers (such banks, financial institutions and other institutional lenders and investors, together with the Initial Lenders, the &#8220;<b><i>Lenders</i></b>&#8221;). Notwithstanding the foregoing, the Lead Arrangers will not
      syndicate to those banks, financial institutions and other institutional lenders and investors (i) that have been separately identified in writing by you to us prior to the date of this Commitment Letter (and (x) if after such date and prior to the
      Closing Date, that are reasonably acceptable to the Lead Arrangers holding a majority of the aggregate amount of outstanding financing commitments in respect of the Facilities (the &#8220;<b><i>Required Lead Arrangers</i></b>&#8221;) and (y) if after the Closing
      Date, that are reasonably acceptable to the Administrative Agent), (ii) those persons who are competitors of you, the Target and your and its respective subsidiaries that are separately identified in writing by you to us from time to time, (iii) in
      the case of each of clauses (i) and (ii), any of their respective affiliates (other than bona fide debt fund affiliates) that are either (a) identified in writing by you from time to time or (b) clearly identifiable on the basis of such affiliate&#8217;s
      name and (iv) any Excluded Affiliates (as defined in the Precedent Documentation) (clauses (i), (ii), (iii) and (iv) above, collectively &#8220;<b><i>Disqualified Lenders</i></b>&#8221;); <i>provided</i> that designations of Disqualified Lenders may not apply
      retroactively to disqualify any entity that has previously acquired an assignment or participation in any Facility.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">3</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding the Lead
      Arrangers&#8217; right to syndicate the Facilities and receive commitments with respect thereto (but subject to Section 2 above), (i) no Initial Lender shall be relieved, released or novated from its obligations hereunder (including its obligation to fund
      the Facilities on the date of both the consummation of (or, in the case of an Offer, the first closing with respect to) the Acquisition with the proceeds of the initial funding under the Facilities or the Interim Facilities (the date of such
      consummation or first closing, the &#8220;<b><i>Completion Date</i></b>&#8221; and the date of the initial funding under the Facilities or the Interim Facilities, which, for the avoidance of doubt, may be on or later than the Completion Date, the &#8220;<b><i>Closing
          Date</i></b>&#8221;) and thereafter during the Certain Funds Period) in connection with any syndication, assignment or participation of the Facilities, including its commitments in respect thereof, until after the Certain Funds Period expires, (ii) no
      assignment or novation shall become effective with respect to all or any portion of any Initial Lender&#8217;s commitments in respect of the Facilities until after the Certain Funds Period expires and (iii) unless you otherwise agree in writing, each
      Commitment Party shall retain exclusive control over all rights and obligations with respect to its commitments in respect of the Facilities, including all rights with respect to consents, modifications, supplements, waivers and amendments, until the
      Certain Funds Period expires.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Without limiting your obligations
      to assist with the syndication efforts as set forth herein, it is understood that the Initial Lenders&#8217; commitments hereunder are not conditioned upon the syndication of, or receipt of commitments in respect of, the Facilities and in no event shall
      the commencement or successful completion of syndication of the Facilities or compliance with any obligations in connection therewith constitute a condition to the effectiveness of the Facilities Documentation on the Closing Date or the availability
      or funding of the Facilities during the Certain Funds Period. The Lead Arrangers may commence syndication efforts promptly (taking into account the expected timing of the Acquisition) after your acceptance of this Commitment Letter and as part of
      their syndication efforts, it is their intent to have Lenders commit to the Facilities prior to the Closing Date (subject to the limitations set forth in the preceding paragraph). Until the earlier of (i) the date upon which a Successful Syndication
      (as defined in the Fee Letter referred to below) of the applicable Facilities is achieved and (ii) the 30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day following the Closing Date (such earlier date, the &#8220;<b><i>Syndication

          Date</i></b>&#8221;), you agree actively to assist the Lead Arrangers in completing a timely syndication that is reasonably satisfactory to us and you. Such assistance shall include, without limitation, (a) your using commercially reasonable efforts to
      ensure that any syndication efforts benefit materially from your existing lending and investment banking relationships and, to the extent practical and appropriate and in all instances subject to the limitations on your rights set forth in the
      Acquisition Documents and applicable legal and regulatory restrictions (including pursuant to the City Code or any requirements of the Panel), the Target&#8217;s and its subsidiaries&#8217; existing lending and investment banking relationships, (b) direct
      contact between your senior management, certain of your representatives and certain of your advisors, on the one hand, and the proposed Lenders, on the other hand (and your using commercially reasonable efforts to arrange, to the extent practical and
      appropriate and in all instances subject to the limitations on your rights set forth in the Acquisition Documents and applicable legal and regulatory restrictions (including pursuant to the City Code or any requirements of the Panel), such contact
      between senior management, certain representatives or certain advisors of the Target and its subsidiaries, on the one hand, and the proposed Lenders, on the other hand), in all such cases at times and locations to be mutually agreed upon, (c) your
      assistance (including the use of commercially reasonable efforts to cause, to the extent practical and appropriate and in all instances subject to the limitations on your rights set forth in the Acquisition Documents and applicable legal and
      regulatory restrictions (including pursuant to the City Code or any requirements of the Panel), the Target and its subsidiaries to assist) in the preparation of the Information Materials (as defined below) and other customary marketing materials to
      be used in connection with the syndication, (d) using your commercially reasonable efforts to procure, at your expense, prior to the launch of the general syndication of the Facilities, public ratings for the Initial Term Loan Facility from at least
      two of S&amp;P Global Ratings (&#8220;<b><i>S&amp;P</i></b>&#8221;), Moody&#8217;s Investors Service, Inc. (&#8220;<b><i>Moody&#8217;s</i></b>&#8221;) and Fitch Ratings Inc. (&#8220;<b><i>Fitch</i></b>&#8221;), and a public corporate credit rating and a public corporate family rating in respect of
      the Borrower after giving effect to the Transactions from each of S&amp;P and Moody&#8217;s, respectively, (e) the hosting, with the Lead Arrangers, of a reasonable number of meetings to be mutually agreed upon of prospective Lenders at times and locations
      to be mutually agreed upon (and your using commercially reasonable efforts to cause, to the extent practical and appropriate and in all instances subject to the limitations on your rights set forth in the Acquisition Documents and applicable legal
      and regulatory restrictions (including pursuant to the City Code or any requirements of the Panel), the relevant senior officers of the Target to be available for such meetings) and (f) ensuring there being no competing issues, offerings, placements,
      arrangements or syndications of debt securities or syndicated commercial bank or other syndicated credit facilities by or on behalf of you or any of your subsidiaries being offered, placed or arranged (other than (A) the Facilities and the Interim
      Facilities, (B) drawings under any revolving credit facility (including the ABL Facility (as defined in Exhibit B)) or any other financing disclosed to, and agreed by, the Lead Arrangers, or any other financing included in the Model, and (C) any
      indebtedness of the Target and its subsidiaries) without the written consent of the Required Lead Arrangers (such consent not to be unreasonably withheld or delayed), if such issuance, offering, placement or arrangement would materially and adversely
      impair the primary syndication of the Facilities (it is understood that the Target&#8217;s and its subsidiaries&#8217; deferred purchase price obligations, ordinary course working capital facilities and ordinary course capital lease, or purchase money and
      equipment financings (any such debt, &#8220;<b><i>Ordinary Course Indebtedness</i></b>&#8221;) will not be deemed to materially and adversely impair the primary syndication of the Facilities). Notwithstanding anything to the contrary contained in this Commitment
      Letter or the Fee Letter or any other letter agreement or undertaking concerning the financing of the Transactions to the contrary, none of the obtaining of the public ratings referenced above or the compliance with any of the other provisions set
      forth in this paragraph, including in any of clauses (a) through (f) above or the next succeeding paragraph, shall constitute a condition to the commitments hereunder or the funding of the Facilities during the Certain Funds Period or the funding of
      the Interim Facilities.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">4</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Lead Arrangers, in their
      capacities as such, will manage, in consultation with you, all aspects of any syndication of the Facilities, including decisions as to the selection of institutions reasonably acceptable to you (your consent not to be unreasonably withheld or
      delayed) to be approached and when they will be approached, when their commitments will be accepted, which institutions will participate (subject to your consent rights set forth in the third preceding paragraph and your rights of appointment set
      forth in the fourth preceding paragraph and excluding Disqualified Lenders), the allocation of the commitments among the Lenders and the amount and distribution of fees among the Lenders. To assist the Lead Arrangers in their syndication efforts, you
      agree to promptly prepare and provide (and to use commercially reasonable efforts to cause, to the extent practical and appropriate and in all instances subject to the limitations on your rights set forth in the Acquisition Documents and applicable
      legal and regulatory restrictions (including pursuant to the City Code or any requirements of the Panel), the Target and its subsidiaries to provide) to the Lead Arrangers customary information with respect to the Borrower, the Target and their
      respective subsidiaries and the Transactions set forth in clause (c) of the immediately preceding paragraph and customary financial estimates, forecasts and other projections (such estimates, forecasts and other projections delivered to us by you,
      the &#8220;<b><i>Projections</i></b>&#8221;). For the avoidance of doubt, (i) you will not be required to provide any information to the extent that the provision thereof would violate any law, rule or regulation (including the requirements of the City Code or
      the Panel as well as any other applicable legal or regulatory restrictions including any applicable laws or regulations on market abuse), or any obligation of confidentiality binding upon (so long as such obligations are not entered into in
      contemplation of this Commitment Letter), or waive any privilege that may be asserted by, you, the Target or any of your or its respective subsidiaries or affiliates (in which case you agree to use commercially reasonable efforts to have any such
      confidentiality obligation waived, and otherwise in all instances, to the extent practicable and not prohibited by applicable law, rule or regulation, promptly notify us that information is being withheld pursuant to this sentence), and (ii) the
      scope, form and content of information that can be provided pursuant to this Commitment Letter will be subject to the requirements of the City Code or the Panel as well as any other applicable legal or regulatory restrictions (including any
      applicable laws or regulations on market abuse); <i>provided </i>that, in the event you do not provide information in reliance on this sentence, you shall provide notice to us that such information is being withheld (but solely to the extent both
      feasible and permitted under the requirements of the City Code or the Panel and any applicable law, rule, regulation or confidentiality obligation, or without waiving such privilege) and you shall use your commercially reasonable efforts to describe,
      to the extent both feasible and permitted under the requirements of the City Code or the Panel and any applicable law, rule, regulation or confidentiality obligation, or without waiving such privilege, as applicable, the applicable information; and <i>provided,


        further,</i> that the representation and warranty made by you with respect to information in Section 4 shall not be affected in any way by your decision not to provide such information. Notwithstanding anything herein to the contrary, the only
      financial statements that shall be required to be provided to the Commitment Parties in connection with the syndication of the Facilities shall be the publicly filed financial statements of the Borrower and the Target (or, in each case, of a parent
      entity thereof).</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">5</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">You hereby acknowledge that (a)
      the Lead Arrangers will make available Projections and other customary marketing material and presentations, including a customary confidential information memoranda to be used in connection with the syndication of the Facilities (the &#8220;<b><i>Information

          Memorandum</i></b>&#8221;) (such Projections, other marketing material and the Information Memorandum, collectively, with the Term Sheet, the &#8220;<b><i>Information Materials</i></b>&#8221;) on a confidential basis to the proposed syndicate of Lenders by posting
      the Information Materials on Intralinks, Debt X, SyndTrak Online or by similar electronic means and (b) certain of the Lenders may be &#8220;public side&#8221; Lenders (i.e., Lenders that wish to receive only information that (i) is publicly available, (ii) is
      not material with respect to you, the Target or your or its respective subsidiaries or securities for purposes of United States federal and state securities laws or (iii)&#160;constitutes information of the type that is included by you or the Target in
      any filings with the Securities and Exchange Commission or other public filings (as reasonably determined by you) (collectively, the &#8220;<b><i>Public Side Information</i></b>&#8221;; any information that is not Public Side Information, &#8220;<b><i>Private Side
          Information</i></b>&#8221;)) and who may be engaged in investment and other market related activities with respect to you or the Target or your or the Target&#8217;s respective subsidiaries or securities) (each, a &#8220;<b><i>Public Sider</i></b>&#8221; and each Lender
      that is not a Public Sider, a &#8220;<b><i>Private Sider</i></b>&#8221;). You will be solely responsible for the contents of the Information Materials and each of the Commitment Parties shall be entitled to use and rely upon the information contained therein
      without responsibility for independent verification thereof.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">You agree to assist (and to use
      commercially reasonable efforts to cause, to the extent practical and appropriate and in all instances subject to the limitations on your rights set forth in the Acquisition Documents and applicable legal and regulatory restrictions (including
      pursuant to the City Code or any requirements of the Panel), the Target to assist) us in preparing an additional version of the Information Materials to be used in connection with the syndication of the Facilities that consists exclusively of Public
      Side Information with respect to you or your subsidiaries or securities to Public Siders. It is understood that in connection with your assistance described above, customary authorization letters executed and delivered by you (which shall include a
      customary negative assurance representation) will be included in any Information Materials that authorize the distribution thereof to prospective Lenders, represent that the additional version of the Information Materials does not include any Private
      Side Information (other than information about the Transactions or the Facilities) and exculpate you, the Convertible Notes Investors, the Target and us and our affiliates with respect to any liability related to the use of the contents of the
      Information Materials or related marketing materials by the recipients thereof. Before distribution of any Information Materials you agree, at our reasonable request, to identify that portion of the Information Materials that may be distributed to
      the Public Siders as &#8220;Public Information&#8221;, which, at a minimum, shall mean that the word &#8220;PUBLIC&#8221; shall appear prominently on the first page thereof. By marking Information Materials as &#8220;PUBLIC&#8221;, you shall be deemed to have authorized the Commitment
      Parties and the proposed Lenders to treat such Information Materials as not containing any Private Side Information (it being understood that you shall not be under any obligation to mark the Information Materials &#8220;PUBLIC&#8221;). We will not make any
      materials not marked &#8220;PUBLIC&#8221; available to Public Siders.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">6</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">You acknowledge and agree that,
      subject to the confidentiality and other provisions of this Commitment Letter, the following documents, without limitation, may be distributed to both Private Siders and Public Siders, unless you advise the Lead Arrangers in writing (including by
      email) within a reasonable time prior to their intended distribution that such materials should be distributed only to Private Siders (<i>provided</i> that such materials have been provided to you and your counsel for review a reasonable period of
      time prior thereto): (a) administrative materials prepared by the Lead Arrangers for prospective Lenders (such as a lender meeting invitation, bank allocation, if any, and funding and closing memoranda), (b) term sheets and notification of changes in
      the Facilities&#8217; terms and conditions, and (c) drafts and final versions of the Facilities Documentation. If you advise us in writing (including by email), within a reasonable period of time prior to dissemination, that any of the foregoing should be
      distributed only to Private Siders, then Public Siders will not receive such materials without your prior consent.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Information.</u></font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">You hereby represent and warrant
      that (a) all written information and written data (such information and data, other than (i) the Projections and (ii) information of a general economic or industry specific nature, the &#8220;<b><i>Information</i></b>&#8221;) (in the case of Information
      regarding the Target and its subsidiaries and its and their respective businesses, to the best of your knowledge), that has been or will be made available to the Commitment Parties directly or indirectly by you, the Target or by any of your or its
      subsidiaries or representatives, in each case, on your behalf in connection with the transactions contemplated hereby, when taken as a whole and together with the reports and other information filed publicly by you and the Target (including any risk
      factors therein), is or will be, when furnished, correct in all material respects and does not or will not, when furnished and when taken as a whole, contain any untrue statement of a material fact or omit to state a material fact necessary in order
      to make the statements contained therein not materially misleading in light of the circumstances under which such statements are made (after giving effect to all supplements and updates thereto from time to time) and (b) the Projections that have
      been or will be made available to the Commitment Parties by you or by any of your subsidiaries or representatives, in each case, on your behalf in connection with the transactions contemplated hereby have been, or will be, prepared in good faith
      based upon assumptions that are believed by you to be reasonable at the time prepared and at the time the related Projections are so furnished to the Commitment Parties; it being understood that the Projections are as to future events and are not to
      be viewed as facts, the Projections are subject to significant uncertainties and contingencies, many of which are beyond your control, that no assurance can be given that any particular Projections will be realized and that actual results during the
      period or periods covered by any such Projections may differ significantly from the projected results and such differences may be material. You agree that, if at any time prior to the later of the Closing Date and the Syndication Date, you become
      aware that any of the representations and warranties in the preceding sentence would be incorrect in any material respect if the Information and the Projections were being furnished, and such representations and warranties were being made, at such
      time, then you will (or, with respect to the Information and Projections relating to the Target and its subsidiaries, will use commercially reasonable efforts to) promptly supplement the Information and the Projections such that such representations
      and warranties are correct in all material respects under those circumstances (or, in the case of the Information relating to the Target and its subsidiaries and its and their respective businesses, to the best of your knowledge, such representations
      and warranties are correct in all material respects under those circumstances). In arranging and syndicating the Facilities, the Lead Arrangers (i) will be entitled to use and rely primarily on the Information and the Projections without
      responsibility for independent verification thereof and (ii) assume no responsibility for the accuracy or completeness of the Information or the Projections. The accuracy of the representations and warranties set out in this paragraph and compliance
      with the other provisions of this paragraph shall not be conditions to the commitments hereunder or the funding of the Facilities or Interim Facilities.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">7</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Fees</u>.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As consideration for the
      commitments of the Initial Lenders hereunder and for the agreement of the Lead Arrangers and the Joint Bookrunners to perform the services described herein, you agree to pay (or cause to be paid) the fees set forth in the Term Sheet and in the Fee
      Letter dated the date hereof and delivered herewith and in any other fee letter between you and any Lead Arranger, in each case, with respect to the Facilities (collectively, the &#8220;<b><i>Fee Letter</i></b>&#8221;), if and to the extent payable. Once paid,
      such fees shall not be refundable under any circumstances, except as expressly set forth herein or therein or as otherwise separately agreed to in writing by you and us.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Conditions</u>.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The commitments of the Initial
      Lenders hereunder to fund the Term Loan Facilities during the Certain Funds Period and the agreements of the Lead Arrangers and the Joint Bookrunners to perform the services described herein are subject solely to (a) the applicable conditions
      expressly set forth in the section entitled &#8220;Conditions to Initial Borrowing and further Borrowings under the Term Loan Facilities&#8221; in Exhibit B hereto and (b) the applicable conditions expressly set forth in Exhibit C hereto, and upon satisfaction
      (or waiver by the Commitment Parties) of such conditions, the Administrative Agent, each Lender and each other party thereto will execute and deliver the Facilities Documentation to which it is a party and the initial funding of the Facilities shall
      occur; it being understood that there are no other conditions (implied or otherwise) to the commitments hereunder, including compliance with the terms of this Commitment Letter, the Fee Letter and the Facilities Documentation.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The commitments of the Initial
      Lenders to fund the Interim Facilities during the Certain Funds Period are, once the Interim Facilities Agreement has been executed by all of the parties thereto, subject solely to satisfaction of the conditions precedent set out in the Interim
      Facilities Agreement to the extent that such conditions precedent have not been confirmed as being satisfied pursuant to the Interim Facilities CP Confirmation Letter. This paragraph, and the provisions herein, shall be referred to as the &#8220;<b><i>Limited


          Conditionality Provisions</i></b><i>.</i>&#8221;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Limitation on Liability; Indemnity; Settlement</u>.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) <u>Limitation on Liability</u>.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding any other
      provision of this Commitment Letter, (i) in no event shall any Commitment Party, any of their respective affiliates or their respective officers, directors, employees, agents, controlling persons, advisors, attorneys or other representatives (each,
      an &#8220;<b><i>Arranger-Related Person</i></b>&#8221;) shall be liable for any damages arising from the use by others of information or other materials obtained through internet, electronic, telecommunications or other information transmission systems, except
      to the extent that such damages have resulted from the willful misconduct, bad faith or gross negligence of such Arranger-Related Person (as determined by a court of competent jurisdiction in a final and non-appealable decision) and (ii) none of you
      (or any of your subsidiaries), the Convertible Notes Investors, the Target (or any of its subsidiaries or affiliates) or any Arranger-Related Person shall be liable for any indirect, special, punitive or consequential damages (including, without
      limitation, any loss of profits, business or anticipated savings) in connection with this Commitment Letter, the Fee Letter, the Transactions (including the Facilities and the use of proceeds thereunder), or with respect to any activities related to
      the Facilities, including the preparation of this Commitment Letter, the Fee Letter and the Facilities Documentation; <i>provided</i> that nothing in this paragraph shall limit your indemnity and reimbursement obligations to the extent that such
      indirect, special, punitive or consequential damages are included in any claim by a third party with respect to which the applicable Indemnified Party is entitled to indemnification under subsection (b) of this Section 7.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) <u>Indemnity</u>.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To induce the Commitment Parties
      to enter into this Commitment Letter and the Fee Letter and to proceed with the Facilities Documentation and the Interim Facilities Agreement, you agree (a) to indemnify and hold harmless each Commitment Party, its respective affiliates and the
      respective officers, directors, employees, agents, controlling persons, advisors, attorneys and other representatives of each of the foregoing and their successors and permitted assigns (other than Lenders that are not Initial Lenders) (each, an &#8220;<b><i>Indemnified

          Person</i></b>&#8221;), from and against any and all losses, claims, damages and liabilities of any kind or nature and reasonable and documented or invoiced out-of-pocket fees and expenses, joint or several, to which any such Indemnified Person may
      become subject to the extent arising out of, resulting from, or in connection with any actual or threatened claim, litigation, investigation or proceeding (including any inquiry or investigation) in connection with this Commitment Letter (including
      the Term Sheet), the Fee Letter, the Transactions or any related transaction contemplated hereby or thereby, the Facilities or any use of the proceeds thereof (any of the foregoing, a &#8220;<b><i>Proceeding</i></b>&#8221;), regardless of whether any such
      Indemnified Person is a party thereto, whether or not such Proceedings are brought by you, your equity holders, affiliates or creditors or any other third person, and to promptly reimburse after receipt of a written request, each such Indemnified
      Person for any reasonable and documented or invoiced out-of-pocket legal fees and expenses incurred in connection with investigating or defending any of the foregoing by one firm of counsel for all such Indemnified Persons, taken as a whole and, if
      necessary, by a single firm of local counsel in each appropriate jurisdiction (which may include a single firm of special counsel acting in multiple jurisdictions) for all such Indemnified Persons, taken as a whole (and, in the case of an actual or
      perceived conflict of interest where the Indemnified Person affected by such conflict notifies you of the existence of such conflict and thereafter retains its own counsel, by another firm of counsel for such affected Indemnified Person) or other
      reasonable and documented or invoiced out-of-pocket fees and expenses incurred in connection with investigating, responding to, or defending any of the foregoing; <i>provided</i> that the foregoing indemnity will not, as to any Indemnified Person,
      apply to losses, claims, damages, liabilities or related expenses to the extent that they have resulted from (i) the willful misconduct, bad faith or gross negligence of such Indemnified Person or any Related Indemnified Person (as defined below) (as
      determined by a court of competent jurisdiction in a final and non-appealable decision), (ii) a material breach of the obligations of such Indemnified Person or any Related Indemnified Person under this Commitment Letter or the Fee Letter (as
      determined by a court of competent jurisdiction in a final and non-appealable decision), (iii) any Proceeding solely between or among Indemnified Persons not arising from any act or omission by you or any of your affiliates or (iv) for the avoidance
      of doubt, constituting income taxes imposed on the fees or other consideration paid hereunder or pursuant to the Fee Letter; <i>provided</i> that the Administrative Agent, the Lead Arrangers and the Joint Bookrunners to the extent fulfilling their
      respective roles as an agent or arranger under the Facilities and in their capacities as such, shall remain indemnified in such Proceedings to the extent that none of the exceptions set forth in any of clauses (i) or (ii) of the immediately preceding
      proviso apply to such person at such time and (b) to the extent that the Closing Date occurs, to reimburse each Commitment Party from time to time, upon presentation of a summary statement, for all reasonable and documented or invoiced out-of-pocket
      expenses (including but not limited to expenses of each Commitment Party&#8217;s consultants&#8217; fees (to the extent any such consultant has been retained with your prior written consent (not to be unreasonably withheld or delayed)), syndication expenses,
      travel expenses and reasonable fees, disbursements and other charges of counsel to the Commitment Parties, the Lead Arrangers, the Joint Bookrunners and the Administrative Agent identified in the Term Sheet (and, in the case of an actual or perceived
      conflict of interest where the Indemnified Person affected by such conflict informs you of such conflict and thereafter retains its own counsel, of another firm of counsel for such affected Indemnified Person), and, if necessary, of a single firm of
      local counsel to the Commitment Parties in each appropriate jurisdiction (which may include a single firm of special counsel acting in multiple jurisdictions) and of such other counsel retained with your prior written consent (not to be unreasonably
      withheld or delayed)), in each case incurred in connection with the Facilities and the preparation, negotiation and enforcement of this Commitment Letter, the Fee Letter, the Facilities Documentation, the Interim Facilities Documentation and any
      security arrangements in connection therewith (collectively, the &#8220;<b><i>Expenses</i></b>&#8221;). You acknowledge that we may receive a future benefit on matters unrelated to this matter, including, without limitation, discount, credit or other
      accommodation, from any of such counsel based on the fees such counsel may receive on account of their relationship with us, including without limitation fees paid pursuant hereto (it being understood and agreed that, in no event, shall the Expenses
      include items in respect of any unrelated matter or otherwise be increased as a result of such counsel&#8217;s representation of us on another matter or on account of our relationship with such counsel). The foregoing provisions in this paragraph shall be
      superseded, in each case, to the extent covered thereby by the applicable provisions contained in the Facilities Documentation upon execution and delivery thereof and thereafter shall have no further force and effect.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b><i>Related Indemnified Person</i></b>&#8221;
      of an Indemnified Person means (1) any controlling person or any affiliate of such Indemnified Person, (2) the respective directors, officers, or employees of such Indemnified Person or any of its controlling persons or any of its affiliates and (3)
      the respective agents, advisors, attorneys and representatives of such Indemnified Person or any of its controlling persons or any of its affiliates, in the case of this clause (3), acting at the instructions of such Indemnified Person, controlling
      person or such affiliate (it being understood and agreed that any agent, advisor or representative of such Indemnified Person or any of its controlling persons or any of its affiliates engaged to represent or otherwise advise such Indemnified Person,
      controlling person or affiliate in connection with the Transactions shall be deemed to be acting at the instruction of such person).</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) <u>Settlement.</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">You shall not be liable for any
      settlement of any Proceeding effected without your written consent (which consent shall not be unreasonably withheld, conditioned or delayed), but if settled with your written consent or if there is a final and non-appealable judgment by a court of
      competent jurisdiction in any such Proceeding, you agree to indemnify and hold harmless each Indemnified Person from and against any and all losses, claims, damages, liabilities and reasonable and documented legal or other out-of-pocket expenses by
      reason of such settlement or judgment in accordance with and to the extent provided in the other provisions of this Section 7. It is further agreed that the Commitment Parties shall be severally liable in respect of their commitments to the
      Facilities, on a several, and not joint basis with any other Lender.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">You shall not, without the prior
      written consent of any Indemnified Person (which consent shall not be unreasonably withheld, conditioned or delayed) (it being understood that the withholding of consent due to non-satisfaction of any of the conditions described in clauses (i), (ii)
      and (iii) of this sentence shall be deemed reasonable), effect any settlement of any pending or threatened Proceedings in respect of which indemnity could have been sought hereunder by such Indemnified Person unless such settlement (i) includes an
      unconditional release of such Indemnified Person in form and substance reasonably satisfactory to such Indemnified Person from all liability or claims that are the subject matter of such proceedings, (ii) does not include any statement as to or any
      admission of fault, culpability, wrong doing or a failure to act by or on behalf of any Indemnified Person and (iii) contains customary confidentiality provisions with respect to the terms of such settlement. Each Indemnified Person shall be
      severally obligated to refund or return any and all amounts paid by you under this Section 7 to the extent such Indemnified Person is not entitled to payment of such amounts in accordance with the terms hereof (as determined by a court of competent
      jurisdiction in a final and non-appealable judgment).</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Sharing of Information, Absence of Fiduciary Relationships, Affiliate Activities</u>.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">You acknowledge that the
      Commitment Parties and their respective affiliates may be providing debt financing, equity capital or other services (including, without limitation, financial advisory services) to other persons in respect of which you, the Target and your and its
      respective subsidiaries and affiliates may have conflicting interests regarding the transactions described herein and otherwise. The Commitment Parties and their respective affiliates will not use confidential information obtained from you, the
      Target or any of your or its respective subsidiaries or affiliates by virtue of the transactions contemplated by this Commitment Letter or their other relationships with you, the Target or any of your or its respective subsidiaries or affiliates in
      connection with the performance by them or their affiliates of services for other persons, and the Commitment Parties and their respective affiliates will not furnish any such information to other persons, except to the extent permitted below. You
      also acknowledge that the Commitment Parties and their respective affiliates do not have any obligation to use in connection with the transactions contemplated by this Commitment Letter, or to furnish to you, the Target or any of your or its
      respective subsidiaries or affiliates confidential information obtained by them from other persons.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">10</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As you know, the Commitment
      Parties and their respective affiliates may be full-service securities firms engaged, either directly or through their affiliates, in various activities, including securities trading, commodities trading, investment management, financing and
      brokerage activities and financial planning and benefits counseling for both companies and individuals. In the ordinary course of these activities, the Commitment Parties and their respective affiliates may actively engage in commodities trading or
      trade the debt and equity securities (or related derivative securities) and financial instruments (including bank loans and other obligations) of you (and your affiliates), the Target (and its affiliates), the Target&#8217;s and your respective customers
      or competitors and other companies which may be the subject of the arrangements contemplated by this Commitment Letter for their own account and for the accounts of their customers and may at any time hold long and short positions in such securities.
      The Commitment Parties and their respective affiliates may also co-invest with, make direct investments in, and invest or co-invest client monies in or with funds or other investment vehicles managed by other parties, and such funds or other
      investment vehicles may trade or make investments in securities of you (and your affiliates), the Borrower, the Target (and its affiliates) or other companies which may be the subject of the arrangements contemplated by this Commitment Letter or
      engage in commodities or other trading with any thereof.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Commitment Parties and their
      respective affiliates may have economic interests that conflict with those of the Target, you and your and their respective subsidiaries and affiliates and are under no obligation to disclose any conflicting interest to you, the Target and your and
      its respective subsidiaries and affiliates. You agree that each Commitment Party will act under this Commitment Letter as an independent contractor and that nothing in this Commitment Letter or the Fee Letter will be deemed to create an advisory,
      fiduciary or agency relationship or fiduciary or other implied duty between such Commitment Party and its respective affiliates, on the one hand, and you, the Target, your and its respective equity holders or your and their respective subsidiaries
      and affiliates, on the other hand. You acknowledge and agree that (i) the transactions contemplated by this Commitment Letter and the Fee Letter are arm&#8217;s-length commercial transactions between the Commitment Parties and their respective affiliates,
      on the one hand, and you, on the other, (ii) in connection therewith and with the process leading to such transaction each Commitment Party and its applicable affiliates (as the case may be) are acting solely as principals and not as agents or
      fiduciaries of you, the Target, your and its respective management, equity holders, creditors, subsidiaries, affiliates or any other person, (iii) each Commitment Party and its applicable affiliates (as the case may be) have not assumed an advisory
      or fiduciary responsibility or any other obligation in favor of you, the Target, or your or its respective affiliates with respect to the financing transactions contemplated hereby, the exercise of the remedies with respect thereto or the process
      leading thereto (irrespective of whether such Commitment Party or any of its affiliates has advised or is currently advising you or the Target or any of your or their respective affiliates on other matters) and no Commitment Party has any obligation
      to you, the Target or your or its respective affiliates with respect to the transactions contemplated hereby except the obligations expressly set forth in this Commitment Letter and the Fee Letter and (iv) the Commitment Parties and their respective
      affiliates have not provided any legal, accounting, regulatory or tax advice and you have consulted your own legal and financial advisors to the extent you deemed appropriate.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">You further acknowledge and agree
      that you are responsible for making your own independent judgment with respect to such transactions and the process leading thereto. You agree that you will not claim that the Commitment Parties or their applicable affiliates, as the case may be,
      have rendered advisory services of any nature or respect, or owe a fiduciary, agency or similar duty to you or your affiliates, in connection with such transactions or the process leading thereto.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Furthermore, without limiting any
      provision set forth herein, you agree not to assert, to the fullest extent permitted by law, any claims you may have with respect to such transactions or the process leading thereto against us or our affiliates for alleged breach of fiduciary duty
      and agree that we and our affiliates shall have no liability (whether direct or indirect) to you in respect of such a fiduciary claim or to any person asserting a fiduciary duty claim on behalf of or in right of you, including your equityholders,
      employees or creditors.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Confidentiality</u>.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">You agree that you will not
      disclose, directly or indirectly, the Fee Letter or the contents thereof or, prior to your acceptance hereof, this Commitment Letter, the Term Sheet, the other exhibits and attachments hereto or the contents of each thereof, or the activities of any
      Commitment Party pursuant hereto or thereto, to any person or entity without the prior written approval of the Lead Arrangers (such approval not to be unreasonably withheld, delayed or conditioned), except (a) to the Convertible Notes Investors and
      to any of your or the Convertible Notes Investors&#8217; affiliates and your and their respective officers, directors, employees, agents, attorneys, accountants, advisors, controlling persons and equity holders and to actual and potential co-investors who
      are informed of the confidential nature thereof, on a confidential and need-to-know basis, (b) if the Commitment Parties consent in writing to such proposed disclosure or (c) pursuant to an order of any court or administrative agency or in any
      pending legal, judicial or administrative proceeding, or otherwise as required by applicable law, rule or regulation or compulsory legal process or to the extent requested or required by governmental and/or regulatory authorities, in each case based
      on the reasonable advice of your legal counsel (in which case you agree, to the extent practicable and not prohibited by applicable law, rule or regulation, to inform us promptly thereof prior to disclosure); <i>provided</i> that (i) you may
      disclose this Commitment Letter (but not the Fee Letter or the contents thereof) and the contents hereof to the Target, its subsidiaries and affiliates and its and their respective officers, directors, employees, agents, attorneys, accountants,
      advisors and controlling persons, on a confidential and need-to-know basis, (ii) you may disclose the Commitment Letter and its contents (including the Term Sheet and other exhibits and attachments hereto) (but not the Fee Letter or the contents
      thereof) in any syndication or other marketing materials in connection with the Facilities (including the Information Materials) or in connection with any public or regulatory filing requirement relating to the Transactions, (iii) you may disclose
      the Term Sheet and other exhibits and attachments to the Commitment Letter, and the contents thereof, to potential Lenders and to rating agencies in connection with obtaining public ratings for the Borrower and the Initial Term Loan Facility, (iv)
      you may disclose the aggregate fee amount contained in the Fee Letter as part of Projections, pro forma information or a generic disclosure of aggregate sources and uses related to fee amounts related to the Transactions to the extent customary or
      required in marketing materials for the Facilities or in any public or regulatory filing requirement relating to the Transactions (and only to the extent aggregated with all other fees and expenses of the Transactions and not presented as an
      individual line item unless required by applicable law, rule or regulation), (v) if the fee amounts payable pursuant to the Fee Letter and the economic terms of the &#8220;Market Flex Provisions&#8221; in the Fee Letter, and such other portions as mutually
      agreed, have been redacted in a manner reasonably agreed by us (including the portions thereof addressing fees payable to the Commitment Parties and/or the Lenders), you may disclose the Fee Letter and the contents thereof to the Target, its
      subsidiaries and affiliates and its and their respective officers, directors, employees, agents, attorneys, accountants, advisors and controlling persons, on a confidential and need-to-know basis and (vi) you may disclose this Commitment Letter and
      the Fee Letter and the contents of each thereof (including the Term Sheet and other exhibits and attachments hereto) to any additional joint bookrunner, arranger, agent, co-agent, manager or co-manager to the extent in contemplation of appointing
      such person pursuant to the provisions of the proviso set forth in Section 2 of this Commitment Letter and to any such person&#8217;s affiliates and its and their respective officers, directors, employees, agents, attorneys, accountants and other advisors,
      on a confidential and need-to-know basis.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">12</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Commitment Party and its
      affiliates will use all non-public information provided to any of them or such affiliates by or on behalf of you hereunder or in connection with the Acquisition and the related Transactions solely for the purpose of providing the services which are
      the subject of this Commitment Letter and negotiating, evaluating and consummating the transactions contemplated hereby and shall treat confidentially all such information and shall not publish, disclose or otherwise divulge, such information; <i>provided


      </i>that nothing herein shall prevent such Commitment Party and its affiliates from disclosing any such information (a) pursuant to the order of any court or administrative agency or in any pending legal, judicial or administrative proceeding, or
      otherwise as required by applicable law, rule or regulation or compulsory legal process based on the reasonable advice of counsel (in which case such Commitment Party agrees (except with respect to any audit or examination conducted by bank
      accountants or any self-regulatory authority or governmental regulatory authority exercising examination or regulatory authority), to the extent practicable and not prohibited by applicable law, rule or regulation, to inform you promptly thereof
      prior to disclosure), (b) upon the request or demand of any regulatory authority having jurisdiction, or purporting to have jurisdiction, over such Commitment Party or any of its affiliates (in which case such Commitment Party agrees (except with
      respect to any audit or examination conducted by bank accountants or any self-regulatory authority or governmental regulatory authority exercising examination or regulatory authority), to the extent practicable and not prohibited by applicable law,
      rule or regulation, to inform you promptly thereof prior to disclosure), (c) to the extent that such information becomes publicly available other than by reason of improper disclosure by such Commitment Party or any of its Related Parties (as defined
      below) in violation of any confidentiality obligations owing to you, the Convertible Notes Investors, the Target or any of your or their respective subsidiaries and affiliates, (d) to the extent that such information is or was received by such
      Commitment Party or any of its Related Parties from a third party that is not, to such Commitment Party&#8217;s knowledge, subject to contractual or fiduciary confidentiality obligations owing to you, the Convertible Notes Investors, the Target or any of
      your or their respective subsidiaries and affiliates, (e) to the extent that such information is independently developed by such Commitment Party or any of its Related Parties without the use of any confidential information, (f) to such Commitment
      Party&#8217;s affiliates and to its and their respective employees, officers, directors, legal counsel, independent auditors, rating agencies, professionals and other experts or agents who need to know such information in connection with the Transactions
      and who are informed of the confidential nature of such information and who are subject to customary confidentiality obligations and who have been advised of their obligation to keep information of this type confidential (with each such Commitment
      Party, to the extent within its control, responsible for such person&#8217;s compliance with this paragraph) (the persons identified in this clause (f), collectively, the &#8220;<b><i>Related Parties</i></b>&#8221;), (g) to potential or prospective Lenders, hedge
      providers, participants or assignees, (h) to the extent you consent in writing to any specific disclosure or (i) to the extent such information was already in such Commitment Party&#8217;s possession prior to any duty or other understanding of
      confidentiality entered into in connection with the Transactions; <i>provided</i> that for purposes of clause (g) above, (i) the disclosure of any such information to any Lenders, hedge providers, participants or assignees or prospective Lenders,
      hedge providers, participants or assignees referred to above shall be made subject to the acknowledgment and acceptance by such Lender, hedge provider, participant or assignee or prospective Lender, hedge provider, participant or assignee that such
      information is being disseminated on a confidential basis (on substantially the terms set forth in this paragraph or as is otherwise reasonably acceptable to you and such Commitment Party, including, without limitation, as agreed in any Information
      Materials or other marketing materials) in accordance with the standard syndication processes of such Commitment Party or customary market standards for dissemination of such type of information, which shall in any event require &#8220;click through&#8221; or
      other affirmative actions on the part of recipient to access such information and (ii) no such disclosure shall be made by such Commitment Party to any person that is at such time a Disqualified Lender. In addition, each Commitment Party may disclose
      the existence of the Facilities and the information about the Facilities to market data collectors, similar services providers to the lending industry, and service providers to the Commitment Parties in connection with the administration and
      management of the Facilities. In the event that the Facilities are funded, the Commitment Parties&#8217; and their respective affiliates&#8217;, if any, obligations under this paragraph shall terminate automatically and be superseded by the confidentiality
      provisions in the Facilities Documentation upon the initial funding thereunder to the extent that such provisions are binding on such Commitment Parties.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">13</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Nothing in this Section 9 shall
      prevent disclosure of any matter related to the Commitment Documents and/or the Transaction (including any fee amounts) if and to the extent required by the City Code and/or the Panel (or any other applicable legal or regulatory requirement in
      connection with the Acquisition).</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to the immediately
      preceding sentence, the confidentiality provisions set forth in this Section 9 shall survive the termination of this Commitment Letter and expire and shall be of no further effect after the second anniversary of the date hereof.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Miscellaneous</u>.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Commitment Letter and the
      commitments hereunder shall not be assignable by any party hereto (other than by you to a U.S. domestically organized entity, in each case, so long as such entity is, or will be, controlled by you after giving effect to the Transactions and shall
      (directly or indirectly through one or more wholly-owned subsidiaries) own the Target and agrees to be bound by the terms hereof and of the Fee Letter or (iii) subject to the second paragraph of Section 3, by the Initial Lenders in connection with
      the syndication of the Facilities) without the prior written consent of each other party hereto (such consent not to be unreasonably withheld, conditioned or delayed) (and any attempted assignment without such consent shall be null and void). Except
      as contemplated by Section 2 hereof, this Commitment Letter and the commitments hereunder are intended to be solely for the benefit of the parties hereto (and Indemnified Persons) and do not and are not intended to confer any benefits upon, or create
      any rights in favor of, any person other than the parties hereto (and Indemnified Persons to the extent expressly set forth herein). Subject to the limitations set forth in Section 3 above, each Commitment Party reserves the right to employ the
      services of its respective affiliates or branches in providing services contemplated hereby and to allocate, in whole or in part, to their affiliates or branches certain fees payable to such Commitment Party in such manner as such Commitment Party
      and its respective affiliates or branches may agree in their sole discretion and, to the extent so employed, such affiliates and branches shall be entitled to the benefits and protections afforded to, and subject to the provisions governing the
      conduct of, such Commitment Party hereunder. This Commitment Letter may not be amended or any provision hereof waived or modified except by an instrument in writing signed by each of the Commitment Parties and you. This Commitment Letter may be
      executed in any number of counterparts, each of which shall be deemed an original and all of which, when taken together, shall constitute one agreement. Delivery of an executed counterpart of a signature page of this Commitment Letter by facsimile
      transmission or other electronic transmission (i.e., a &#8220;pdf&#8221; or &#8220;tif&#8221;) shall be effective as delivery of a manually executed counterpart hereof. This Commitment Letter (including the exhibits hereto), together with the Fee Letter and any other letter
      agreement entered into with any of the Commitment Parties on or prior to the date hereof, (i) are the only agreements that have been entered into among the parties hereto with respect to our commitments with respect to the Facilities and (ii)
      supersede all prior understandings, whether written or oral, among us with respect to the Facilities and sets forth the entire understanding of the parties hereto with respect thereto. THIS COMMITMENT LETTER, AND ANY CLAIM, CONTROVERSY OR DISPUTE
      ARISING UNDER, OR RELATED TO, THIS COMMITMENT LETTER (INCLUDING, WITHOUT LIMITATION, ANY CLAIMS SOUNDING IN CONTRACT LAW OR TORT LAW ARISING OUT OF THE SUBJECT MATTER HEREOF) SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE
      STATE OF NEW YORK; <i>provided</i> that, notwithstanding the foregoing, it is understood and agreed that the determination of whether the Acquisition has been consummated in accordance with the terms of the Acquisition Documents, in each case shall
      be governed by, and construed in accordance with, the laws of England as Wales as applied to the Acquisition Documents, regardless of the laws that might otherwise govern under applicable principles of conflicts of laws thereof.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any Joint Bookrunner may, in
      consultation with you, place customary advertisements in financial and other newspapers and periodicals or on a home page or similar place for dissemination of customary information on the Internet or worldwide web as it may choose, and circulate
      similar promotional materials, in each case, after the Closing Date, in the form of &#8220;tombstone&#8221; or otherwise describing the name of the Borrower and the amount, type and closing date of the Transactions, all at the expense of such Joint Bookrunner.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each of the parties hereto agrees
      that this Commitment Letter is a binding and enforceable agreement with respect to the subject matter contained herein, including an agreement to negotiate in good faith the Facilities Documentation by the parties hereto in a manner consistent with
      this Commitment Letter, it being acknowledged and agreed that the commitments provided hereunder are subject solely to conditions precedent described in the first paragraph of Section 6 of this Commitment Letter.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">EACH OF THE PARTIES HERETO
      IRREVOCABLY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY OR ON BEHALF OF ANY PARTY RELATED TO OR ARISING OUT OF THIS COMMITMENT LETTER OR THE FEE LETTER OR THE PERFORMANCE OF SERVICES HEREUNDER OR
      THEREUNDER.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each of the parties hereto hereby
      irrevocably and unconditionally (a) submits, for itself and its property, to the exclusive jurisdiction of any New York State court or Federal court of the United States of America sitting in New York County in the State of New York, and any
      appellate court from any thereof, in any action or proceeding arising out of or relating to this Commitment Letter, the Fee Letter or the transactions contemplated hereby or thereby, or for recognition or enforcement of any judgment, and agrees that
      all claims in respect of any such action or proceeding shall be heard and determined in such New York State court or, to the extent permitted by law, in such Federal court, (b) 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 or proceeding arising out of or relating to this Commitment Letter, the Fee Letter or the transactions contemplated hereby or thereby in any New York State or in
      any such Federal court, (c) waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court and (d) agrees that a final judgment in any such suit, action or
      proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Each of the parties hereto agrees that service of process, summons, notice or document by registered mail
      addressed to you or us at the addresses set forth above shall be effective service of process for any suit, action or proceeding brought in any such court.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We hereby notify you 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;<b><i>PATRIOT Act</i></b>&#8221;) and the requirements of 31 C.F.R. &#167;&#160;1010.230 (the &#8220;<b><i>Beneficial Ownership Regulation</i></b>&#8221;), each of
      us and each of the Lenders may be required to obtain, verify and record information that identifies the Borrower and the Guarantors, which information may include their names, addresses, tax identification numbers and other information that will
      allow each of us and the Lenders to identify the Borrower and the other Guarantors in accordance with the PATRIOT Act or the Beneficial Ownership Regulation, as applicable. This notice is given in accordance with the requirements of the PATRIOT Act
      and is effective for each of us and the Lenders. You hereby acknowledge and agree that the Lead Arrangers shall be permitted to share any and all such information with the Lenders.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">15</font>&#160;</div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The indemnification, compensation
      (if applicable), reimbursement (if applicable), syndication, jurisdiction, governing law, venue, waiver of jury trial and confidentiality provisions contained herein and in the Fee Letter and the provisions of Section 8 of this Commitment Letter
      shall remain in full force and effect regardless of whether Facilities Documentation shall be executed and delivered and notwithstanding the termination or expiration of this Commitment Letter or the Initial Lenders&#8217; commitments hereunder; <i>provided</i>
      that your obligations under this Commitment Letter (except as specifically set forth in the third through seventh paragraphs of Section 3 and the penultimate sentence of Section 4, and other than your obligations with respect to the confidentiality
      of the Fee Letter and the contents thereof) shall automatically terminate and be superseded by the provisions of the Facilities Documentation (to the extent covered therein) upon the initial funding thereunder, and you shall automatically be released
      from all liability in connection therewith at such time. You may terminate this Commitment Letter and/or the Initial Lenders&#8217; commitments with respect to any of the Facilities (or any portion thereof) hereunder at any time subject to the provisions
      of the preceding sentence (any such commitment termination shall reduce the commitments of each Initial Lender on a pro rata basis based on their respective commitments to the relevant Facility as of the date hereof).</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section headings used herein are
      for convenience of reference only and are not to affect the construction of, or to be taken into consideration in interpreting, this Commitment Letter.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">16</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If the foregoing correctly sets
      forth our agreement, please indicate your acceptance of the terms of this Commitment Letter and of the Fee Letter by returning to the Commitment Parties (or their legal counsel on behalf of the Commitment Parties), executed counterparts hereof and of
      the Fee Letter not later than 11:59 p.m., New York City time, on March 11, 2024. The Initial Lenders&#8217; respective commitments and the obligations of the Commitment Parties hereunder will expire at such time in the event that the Commitment Parties (or
      their legal counsel) have not received such executed counterparts in accordance with the immediately preceding sentence. If you do so execute and deliver to us this Commitment Letter and the Fee Letter at or prior to such time, we agree to hold our
      commitment to provide the Facilities and our other undertakings in connection therewith (but not the commitment to provide the Interim Facilities or the rights and obligations of the parties under the Interim Facilities Agreement, which shall
      terminate only in accordance with its terms) available for you until the earliest of (i) if the first Announcement has not been released by such time, 11:59 p.m., New York City time, on the date that is ten business days after this Commitment Letter
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature Page to Project Echo Commitment Letter]</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature Page to Project Echo Commitment Letter]</font></p>
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            Loan Facility and any Incremental Term Facility (as defined in Exhibit B), the &#8220;<b><i>Term Loan Facilities</i></b>&#8221;), and (iii) $100 million under a senior secured revolving credit facility described in Exhibit B to the Commitment Letter (the &#8220;<b><i>Revolving


                Facility</i></b>&#8221; and, together with the Term Loan Facilities, the &#8220;<b><i>Facilities</i></b>&#8221;). In conjunction with implementing the Facilities, the Borrower will obtain up to (i) $1,100 million under an interim term loan facility in lieu
            of the Initial Term Loan Facility and the Term Cash Flow Facility (the &#8220;<b><i>Interim Term Loan Facility</i></b>&#8221;) and (ii) $100 million under an interim revolving facility (the &#8220;<b><i>Interim Revolving Facility</i></b>&#8221; and, together with the
            Interim Term Loan Facility, the &#8220;<b><i>Interim Facilities</i></b>&#8221;) to be documented and made available pursuant to the terms of the Interim Facilities Agreement as contemplated by the Commitment Letter.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant to foreign currency hedging arrangements entered into by the Borrower or its affiliates in connection with the Transactions (a &#8220;<b><i>Transaction


                FX Hedge</i></b>&#8221;), proceeds of the Facilities, together with proceeds of the Convertible Notes Investment and/or a portion of the cash on hand at the Borrower, the Target and their respective subsidiaries, will be converted from USD into
            GBP (the &#8220;<b><i>GBP Proceeds</i></b>&#8221;).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The GBP Proceeds will be on-lent by the Borrower to Buyer to be applied (i) to pay the consideration for the Acquisition, (ii) to the extent
            the Interim Facilities are funded prior to the Closing Date, to refinance in full the loans outstanding under the Interim Facilities and (iii) to pay the fees and expenses incurred in connection with the Transactions, including in respect of
            the Transaction FX Hedge (such fees and expenses, the &#8220;<b><i>Transaction Costs</i></b>&#8221;, and the amounts described in the foregoing clauses (i) through (iii), collectively, the &#8220;<b><i>Acquisition Funds</i></b>&#8221;).</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">A-2</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The transactions described above
      (including the payment of Transaction Costs) are collectively referred to herein as the &#8220;<b><i>Transactions</i></b><i>.</i>&#8221;</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">A-2</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">EXHIBIT B</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Project Echo</u></font><br>
    <font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Credit Facilities</u></font><br>
    <font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Summary of Principal Terms and Conditions</u><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Borrower</u>:</font></td>
        <td style="width: 80%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Viavi Solutions Inc.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Transactions</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As set forth in Exhibit A to the Commitment Letter.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Administrative Agent and Collateral Agent</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wells Fargo Bank will act as sole administrative agent and sole collateral agent (in such capacities, the &#8220;<b><i>Administrative Agent</i></b>&#8221;)


            for a syndicate of banks, financial institutions and other institutional lenders and investors reasonably acceptable to the Lead Arrangers and the Borrower, excluding any Disqualified Lender (together with the Initial Lenders, the &#8220;<b><i>Lenders</i></b>&#8221;),


            and will perform the duties customarily associated with such roles.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Lead Arrangers and Joint Bookrunners</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wells Fargo Securities will act as a lead arranger (together with any additional lead arranger appointed pursuant to Section 2 of the
            Commitment Letter, each in such capacity, a &#8220;<b><i>Lead Arranger</i></b>&#8221; and, together, the &#8220;<b><i>Lead Arrangers</i></b>&#8221;) and bookrunner (together with any additional bookrunner appointed pursuant to Section 2 of the Commitment Letter, each
            in such capacity, a &#8220;<b><i>Joint Bookrunner</i></b>&#8221; and, together, the &#8220;<b><i>Joint Bookrunners</i></b>&#8221;), in each case for the Facilities, and each will perform the duties customarily associated with such roles.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Other Agents</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower may designate Lead Arrangers or their affiliates to act as syndication agent, documentation agent or co-documentation agent as
            provided in the Commitment Letter.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Scheme</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The scheme of arrangement effected pursuant to Part 26 of the Companies Act&#160;&#160;2006 to be proposed by the Target to its shareholders to
            implement the Acquisition pursuant to which Buyer will, subject to the occurrence of the Scheme Effective Date (as defined in the Interim Facilities Agreement) become the holder of the Target Shares (the &#8220;<b><i>Scheme</i></b>&#8221;).</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Offer</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The takeover offer (as defined in section 974 of the Companies Act 2006) by the Buyer in accordance with the City Code to acquire all of the
            Target Shares that are the subject of that takeover offer (within the meaning of Section 975 of the Companies Act 2006) pursuant to the Offer Documents (as defined in the Interim Facilities Agreement) (the &#8220;<b><i>Offer</i></b>&#8221;).</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Announcement</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any press release made by or on behalf of the Buyer announcing a firm intention to implement a Scheme or, as the case may be, make an Offer,
            in each case in accordance with Rule 2.7 of the City Code (the &#8220;<b><i>Announcement</i></b>&#8221;).</font></td>
      </tr>

  </table>
  <p style="margin: 0">&#160;</p>
  <!-- Field: Rule-Page -->
  <div align="LEFT" style="margin-top: 3pt; margin-bottom: 3pt">
    <div style="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&#160;</div>
  </div>
  <!-- Field: /Rule-Page -->
  <p style="margin: 0"></p>
  <p style="margin-top: 0; margin-bottom: 0"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> All capitalized terms used but not defined herein
      shall have the meaning given them in the Commitment Letter to which this Term Sheet is attached, including Exhibits A, C and D thereto.</font></p>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-1</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Squeeze-Out</u>:</font></td>
        <td style="text-align: justify; width: 80%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">An acquisition of the Target Shares pursuant to the procedures contained in sections 979 to 981 of the Companies Act 2006 (the &#8220;<b><i>Squeeze-Out</i></b>&#8221;).</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>City Code</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The UK City Code on Takeovers and Mergers (the &#8220;<b><i>City Code</i></b>&#8221;) as administered by the Panel, as may be amended from time to time.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Panel</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The UK Panel on Takeovers and Mergers (the &#8220;<b><i>Panel</i></b>&#8221;).</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Facilities</u>:</font></td>
        <td>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(A) A senior secured term loan facility (the &#8220;<b><i>Initial


                  Term Loan Facility</i></b>&#8221;) in an aggregate principal amount of up to $800 million <u>plus</u>, at the Borrower&#8217;s election, an amount sufficient to fund any original issue discount or upfront fees required to be funded in connection
              with the &#8220;Market Flex Provisions&#8221; in the Fee Letter. The loans under the Initial Term Loan Facility are referred to as the &#8220;<b><i>Initial Term Loans</i></b>&#8221;.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(B) A senior secured cash flow term loan
              facility (the &#8220;<b><i>Term Cash Flow Facility</i></b>&#8221; and, together with the Initial Term Loan Facility and any Incremental Term Facility (as defined below), each a &#8220;<b><i>Term Loan Facility</i></b>&#8221; and collectively, the &#8220;<b><i>Term Loan
                  Facilities</i></b>&#8221;) in an aggregate principal amount of up to $300 million. The loans under the Term Cash Flow Facility are referred to as the &#8220;<b><i>Term Cash Flow Loans</i></b>&#8221; and, together with the Initial Term Loans and any
              Incremental Term Loans (as defined below), the &#8220;<b><i>Term Loans</i></b><i>.</i>&#8221; The Lenders holding Term Loans are referred to as the &#8220;<b><i>Term Lenders</i></b>.&#8221;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(C) A senior secured revolving facility (the &#8220;<b><i>Revolving

                  Facility</i></b>&#8221;, together with the Term Loan Facilities, the &#8220;<b><i>Facilities</i></b>&#8221;) in an aggregate principal amount of up to $100 million. The loans under the Revolving Facility are referred to as the &#8220;<b><i>Revolving Loans</i></b>&#8221;,

              and together with the Term Loans, the &#8220;<b><i>Loans</i></b>&#8221;, and the commitments under the Revolving Facility are referred to as the &#8220;<b><i>Revolving Commitments</i></b><i>.</i>&#8221; The Lenders with Revolving Commitments are referred to as the &#8220;<b><i>Revolving

                  Lenders</i></b>.&#8221;&#160;</font></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-2</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="margin-top: 0; margin-bottom: 0"></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif"><u>Incremental Facilities</u></font>:</td>
        <td style="width: 80%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The Facilities Documentation will permit the Borrower or any Subsidiary Guarantor (as defined below) to add one or more
            incremental term loan facilities under the Facilities Documentation or to increase any existing term loan facility (each, an &#8220;<b><i>Incremental Term Facility</i></b>&#8221; and the loans under any Incremental Term Facility are referred to as the &#8220;<b><i>Incremental


                Term Loans</i></b>&#8221;) and/or increase any of the Revolving Commitments (any such increase, an &#8220;<b><i>Incremental Revolving Increase</i></b>&#8221;; the Incremental Term Facilities and the Incremental Revolving Increases and the commitments in
            respect thereof are collectively referred to as &#8220;<b><i>Incremental Facilities</i></b>&#8221;) in an aggregate amount not to exceed the sum of (A) (x) the greater of (1) $291 million and (2) 100% of Consolidated EBITDA (to be defined as provided under
            &#8220;Financial Definitions&#8221; below) for the last four fiscal quarters of the Borrower for which financial statements are available (such greater amount, the &#8220;<b><i>Incremental Starter Amount</i></b>&#8221;) less (y) the aggregate amount of any Incremental
            Equivalent Debt (as defined below) incurred in reliance on the equivalent threshold as set forth in this clause (A) plus (B) all voluntary prepayments of the Term Loan Facility (including all repayments or purchases made at a discount to par
            (in an amount equal to the principal amount of such repayment)) and voluntary prepayments of Revolving Loans to the extent accompanied by a permanent reduction of the Revolving Commitments thereunder, in each case, made prior to such date of
            incurrence and not funded with the proceeds of long-term debt plus (C) an amount equal to the amount of indebtedness that is permitted to be incurred in reliance on the General Debt Basket (as defined below) (this clause&#160;(C), the &#8220;<b><i>General
                Debt Basket Incremental Component</i></b>&#8221;) plus (D) an additional amount such that, after giving effect to the incurrence of any such Incremental Facility pursuant to this clause (D) (which shall assume that all such indebtedness was
            secured on a first lien basis, whether or not so secured, and which shall be deemed to include the full amount of any Incremental Revolving Increase assuming that the full amount of such increase had been drawn, and after giving effect to any
            acquisition consummated concurrently therewith and any other acquisition, disposition, debt incurrence, debt retirement and other appropriate pro forma adjustment events, including any debt incurrence (but without giving effect to any amount
            incurred simultaneously under either (1) clause (A), (B) or (C) above or (2) the Revolving Facility) or retirement subsequent to the end of the applicable test period and on or prior to the date of such incurrence, all to be further defined in
            the Facilities Documentation), the Borrower would be in compliance, on a pro forma basis (and without netting any cash proceeds of such incurrence), with a First Lien Leverage Ratio (to be defined as provided under &#8220;Financial Definitions&#8221;
            below) (recomputed as of the last day of the most recently ended fiscal quarter of the Borrower for which financial statements are available) equal to or less than either (x) 2.80:1.00 or (y) the First Lien Leverage Ratio immediately prior to
            the incurrence of such Incremental Facility (this clause (D), the &#8220;<b><i>Leverage-Based Incremental Amount</i></b>&#8221;); <i>provided</i> that: <br>
          </p>
        </td>
      </tr>

  </table>
  <br>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 20%" rowspan="1">&#160;</td>
        <td style="width: 5%;" rowspan="1" colspan="1">(i)<br>
        </td>
        <td style="width: 75%;" rowspan="1">no event of default (except in connection with permitted acquisitions or investments, where no payment or bankruptcy event of default will be the standard) under the Facilities Documentation has occurred and is
          continuing or would exist after giving effect thereto;</td>
      </tr>
      <tr style="vertical-align: top; text-align: left">
        <td style="width: 20%" rowspan="1">&#160;</td>
        <td style="width: 5%;" rowspan="1" colspan="1">&#160;</td>
        <td style="width: 75%;" rowspan="1">&#160;</td>
      </tr>
      <tr style="vertical-align: top; text-align: left">
        <td style="width: 20%" rowspan="1">&#160;</td>
        <td style="width: 5%;" rowspan="1" colspan="1">(ii)</td>
        <td style="width: 75%;" rowspan="1">the maturity date of any such Incremental Term Facility shall be no earlier than the maturity date of the Initial Term Loan Facility and the weighted average life of any such Incremental Term Facility shall not
          be shorter than the then remaining weighted average life of the Initial Term Loan Facility; <i>provided</i> that, at the option of the Borrower, this clause (ii) shall not apply to (A) Incremental Term Facilities (as defined below)&#160;in an
          aggregate outstanding principal amount of up to the greater of (x) $291 million and (y) 100% of Consolidated EBITDA for the last four fiscal quarters of the Borrower for which financial statements are available of Incremental Term Facilities (the
          &#8220;<b><i>Incremental Maturity Carveout</i></b>&#8221;), (B)&#160;customary bridge facilities or (C) Incremental Term Facilities incurred in connection with an investment or acquisition;</td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-3</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"></td>
        <td style="width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</font></td>
        <td style="width: 75%;">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"></p>
          <p style="margin: 0pt 0px 0pt 0px; line-height: normal; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: justify; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the currency, pricing, interest rate margins, discounts, premiums, rate floors and fees and (subject to clause (ii) above) maturity and amortization schedule applicable to
              any Incremental Term Facility shall be determined by the Borrower and the lenders thereunder; <i>provided</i> that only during the period commencing on the Closing Date and ending on the date that is six months after the Closing Date (the &#8220;<b><i>MFN
                  Sunset Date</i></b>&#8221;) and only with respect to any Incremental Term Facilities in the form of broadly syndicated U.S. dollar-denominated term B loans that are incurred pursuant to clause (A) and/or (B) above (other than Incremental Term
              Loans incurred in reliance on any portion of clause (B) thereof that is attributable to permanent commitment reductions of revolving credit facilities) that are secured by liens on the Collateral ranking equal in priority with the liens on
              the Collateral securing the Secured Obligations and mature on or prior to the maturity date of the Initial Term Loan Facility (the &#8220;<b><i>MFN Maturity Limitation</i></b>&#8221;), and except (1)&#160;with respect to Incremental Term Facilities incurred
              in connection with an investment or an acquisition (the &#8220;<b><i>MFN Acquisition/Investment Carveout</i></b>&#8221;) and (2)&#160;with respect to Incremental Term Facilities incurred pursuant to clause (A) and/or (B) above in an aggregate principal amount
              of up to the greater of (x) $291 million and (y) 100% of Consolidated EBITDA for the last four fiscal quarters of the Borrower for which financial statements are available (the &#8220;<b><i>MFN Amount Carveout</i></b>&#8221;), in the event that the
              interest rate margins for any such Incremental Term Facility are higher than the interest rate margins for the Initial Term Loan Facility by more than 75 basis points (the &#8220;<b><i>MFN Cushion</i></b>&#8221;), then the interest rate margins for the
              Initial Term Loan Facility shall be increased to the extent necessary so that such interest rate margins are equal to the interest rate margins for such Incremental Term Facility minus 75 basis points; <i>provided</i>, <i>further</i>, that,
              in determining the interest rate margins applicable to any Incremental Term Facility and the Initial Term Loan Facility (A) OID or upfront fees (which shall be deemed to constitute like amounts of OID) or other fees payable by the Borrower to
              the Lenders under the Initial Term Loan Facility or any Incremental Term Facility in the initial primary syndication thereof, if any, shall be included (with OID or upfront fees being equated to interest based on assumed four-year life to
              maturity), (B) customary arrangement, ticking or commitment fees payable in connection with the Initial Term Loan Facility to one or more arrangers or bookrunners (or their affiliates) of any Incremental Term Facility in each case not payable
              to all lenders shall be excluded, (C) the applicable interest rate margins shall be deemed to include any credit spread or similar adjustment applicable to a one-month Term SOFR borrowing and (D) (1) to the extent that Term SOFR for a
              three-month interest period on the closing date of any such Incremental Term Facility is less than the Term SOFR floor for the Initial Term Loan Facility, the amount of such difference shall be deemed added to the interest margin for the
              Initial Term Loan Facility, solely for the purpose of determining whether an increase in the interest rate margins for the Initial Term Loan Facility shall be required and (2) with respect to any Incremental Term Facility, to the extent that
              Term SOFR applicable to the Initial Term Loan Facility for a three-month interest period on the closing date of any such Incremental Term Facility is less than the interest rate floor, if any, applicable to any such Incremental Term Facility,
              the amount of such difference shall be deemed added to the interest rate margins for the loans under the Incremental Term Facility solely for the purpose of determining whether an increase in the interest rate margins for the Initial Term
              Loan Facility shall be required (collectively, the &#8220;<b><i>MFN Protection</i></b>&#8221;);</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 35.1pt; text-align: justify; text-indent: -35.1pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
            </font></p>
        </td>
      </tr>
      <tr>
        <td style="width: 20%">&#160;</td>
        <td style="vertical-align: top; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</font></td>
        <td style="width: 75%;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any Incremental Term Facility shall be on terms and pursuant to documentation to be determined; <i>provided</i> that, to the extent such terms and
            documentation are not consistent with the Initial Term Loan Facility (except to the extent permitted by clause (ii) or (iii) above), they shall be reasonably satisfactory to the Administrative Agent (it being understood that, to the extent that
            any financial maintenance or other covenant is added for the benefit of any Incremental Term Facility, no consent shall be required from the Administrative Agent or any of the Lenders to the extent that such financial maintenance or other
            covenant is (1) also added for the benefit of any existing Facility or (2) only applicable after the latest maturity of any existing Facility); and&#160; <br>
          </font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-4</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table cellspacing="0" cellpadding="0" border="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr style="vertical-align: top">
        <td style="width: 20%" rowspan="1">&#160;</td>
        <td style="width: 5%;" rowspan="1"><font style="font: 10pt Times New Roman, Times, Serif">(v)</font></td>
        <td style="width: 75%;" rowspan="1"><font style="font: 10pt Times New Roman, Times, Serif">(a) any Incremental Facility that is secured shall only be secured by the Collateral and (b) no Incremental Facility shall be guaranteed by entities other
            than the Guarantors or the Borrower.</font></td>
      </tr>

  </table>
  <div><br>
  </div>
  <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: 20%">&#160;</td>
        <td style="width: 80%">
          <p style="margin-top: 0; margin-bottom: 0; text-align: justify"></p>
          <p style="margin-top: 0; margin-bottom: 0; text-align: justify">The Borrower or the applicable Subsidiary Guarantor may (but is not obligated to) seek commitments in respect of the Incremental Facilities from existing Lenders (each of which shall
            be entitled to agree or decline to participate in its sole discretion) and from additional banks, financial institutions and other institutional lenders or investors who will become Lenders in connection therewith (&#8220;<b><i>Additional Lenders</i></b>&#8221;);


            <i>provided</i> that (i) the Administrative Agent shall have consent rights (not to be unreasonably withheld) with respect to such Additional Lender, if such consent would be required under the heading &#8220;Assignments and Participations&#8221; for an
            assignment of loans or commitments, as applicable, to such Additional Lender, (ii) solely with respect to any Incremental Revolving Increase, the Issuing Banks (as defined in the Precedent Documentation) shall have consent rights (not to be
            unreasonably withheld) with respect to such Additional Lender, if such consent would be required under the heading &#8220;Assignments and Participations&#8221; for an assignment of revolving loans or commitments, as applicable, to such Additional Lender
            and (iii) the restrictions applicable to Affiliated Lenders (to be defined in accordance with the Documentation Considerations) under &#8220;Assignments and Participations&#8221; shall apply to commitments in respect of Incremental Facilities.</p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Refinancing Facilities</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Facilities Documentation will permit the Borrower or any Guarantor to refinance loans or commitments (including by extending the maturity)
            under the Facilities or loans or commitments under any Incremental Facility on terms and conditions substantially consistent with the Precedent Documentation (as defined below) after giving effect to Documentation Considerations (the &#8220;<b><i>Refinancing



                Indebtedness</i></b>&#8221;).</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Purpose</u>:</font></td>
        <td style="text-align: justify; padding-left: 30pt; text-indent: -30pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(A) &#160;&#160;&#160;&#160;&#160;The proceeds of borrowings under the Initial Term Loan Facility and the Term Cash Flow
            Facility will be used by the Borrower and its subsidiaries, together with the proceeds from borrowings under the Revolving Facility, the proceeds received from the Convertible Notes Investment and cash on hand at the Borrower, the Target and
            their respective subsidiaries, to pay the Acquisition Funds (including, at the Borrower&#8217;s election, to fund original issue discount (&#8220;<b><i>OID</i></b>&#8221;) or upfront fees required pursuant to the &#8220;Market Flex Provisions&#8221; in the Fee Letter) to
            the extent otherwise permitted above and may be used after the Closing Date for working capital or other general corporate purposes and any other use not prohibited by the Facilities Documentation.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; padding-left: 30pt; text-indent: -30pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(B)&#160;&#160;&#160;&#160;&#160; The letters of credit and proceeds of Revolving Loans (except as set forth below) may be used
            by the Borrower and its subsidiaries for working capital and other general corporate purposes, including the financing of permitted acquisitions and other permitted investments and permitted dividends and other distributions on account of the
            capital stock of the Borrower (or any direct or indirect parent company thereof) and any other use not prohibited by the Facilities Documentation, and, subject to the limitations set forth under &#8220;Availability&#8221; below, to finance a portion of the
            Acquisition Funds.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; padding-left: 30pt; text-indent: -30pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(C) &#160;&#160;&#160;&#160; The proceeds of any Incremental Facility may be used by the Borrower and its subsidiaries for
            working capital and other general corporate purposes, including the financing of permitted acquisitions, other permitted investments and dividends and other permitted distributions on account of the capital stock of the Borrower (or any direct
            or indirect parent company thereof) and any other use not prohibited by the Facilities Documentation.</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-5</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Availability</u>:</font></td>
        <td style="width: 80%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Initial Term Loan Facility and the Term
              Cash Flow Facility will be available during the Certain Funds Period as required on 1 business day&#8217;s notice to fund amounts as contemplated in the section &#8220;Purpose&#8221; above. Amounts borrowed under any Term Loan Facility that are repaid or
              prepaid may not be reborrowed.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Revolving Facility will be available on
              (subject to the limitations set forth in the next two succeeding sentences) and after the Closing Date and at any time prior to the final maturity of the Revolving Facility. The Revolving Facility (exclusive of letter of credit usage) will be
              made available on the Closing Date in an amount sufficient to fund (i) any OID or upfront fees required to be funded on the Closing Date pursuant to the &#8220;Market Flex Provisions&#8221; in the Fee Letter plus (ii) any ordinary course working capital
              requirements of the Borrower and its subsidiaries on the Closing Date plus (iii) Acquisition Funds in an aggregate amount, in the case of this clause (iii), not to exceed $20 million. Additionally, letters of credit issued under facilities
              and other credit support no longer available to the Target or its subsidiaries as of the Closing Date may be &#8220;rolled over&#8221; on the Closing Date and/or new letters of credit may be issued on the Closing Date in order to, among other things,
              backstop or replace any such credit support outstanding on the Closing Date under such facilities. Otherwise, letters of credit and Revolving Loans will be available at any time prior to the final maturity of the Revolving Facility, in
              minimum principal amounts to be agreed upon. Amounts repaid under the Revolving Facility may be reborrowed. The Revolving Facility shall permit drawings of ABR loans (as defined in Annex I) on same day notice if received by the Administrative
              Agent prior to 12:00 p.m. New York time.&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Certain Funds Period</u>:</font></td>
        <td>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b><i>Certain Funds Period</i></b>&#8221; means the
              period from (and including) the Signing Date to (and including) 11:59 p.m., London time, on the earliest of:</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-align: justify; text-indent: -0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(A)&#160; if the
              Acquisition is intended to be completed pursuant to a Scheme, the date on which the Scheme lapses (including, subject to exhausting any rights of appeal, if a relevant court refuses to sanction the Scheme) or is withdrawn in writing in
              accordance with its terms (other than (a) where such lapse or withdrawal is as a result of the exercise of the Borrower&#8217;s right to effect a switch from the Scheme to the Offer or (b) it is otherwise to be followed within twenty business days
              by an Announcement made by the Borrower to implement the Acquisition by a different offer or scheme (as applicable));</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-align: justify; text-indent: -0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-align: justify; text-indent: -0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(B)&#160; if the
              Acquisition is intended to be completed pursuant to an Offer, the date on which the Offer lapses, terminates or is withdrawn in writing in accordance with its terms (other than (a) where such lapse or withdrawal is as a result of the exercise
              of the Borrower&#8217;s right to effect a switch from the Offer to a Scheme or (b) it is otherwise to be followed within twenty business days by an Announcement made by the Borrower to implement the Acquisition by a different offer or scheme (as
              applicable);</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-align: justify; text-indent: -0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-align: justify; text-indent: -0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(C)&#160; the date on
              which the Term Loan Facilities have been utilized in full or the commitments in respect of the Term Loan Facilities have been cancelled in full and all of the consideration payable under the Acquisition in respect of the Target Shares has
              been paid in full; and&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-align: justify; text-indent: -0.25in"></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-6</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%">&#160;</td>
        <td style="width: 80%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif">(D)&#160; the date that is eighteen (18)
              months after the date of the first Announcement, <i>provided</i> that: (i)(a) if the conditions to the Offer or Scheme (as applicable) relating to regulatory or relevant government clearance or approvals have not been satisfied and/or waived
              by the Borrower and (b) the Scheme Effective Date (as defined in the Interim Facilities Agreement) has not occurred or (as applicable) the Offer has not been declared unconditional, in each case, by such eighteen (18) month date, the Outside
              Date shall automatically be extended to the date that is twenty (20) months after the date of the first Announcement, <i>provided </i>that, if the Scheme Effective Date occurs or (as applicable) the Offer is declared unconditional, in each
              case, on any date (the &#8220;<b><i>Relevant Date</i></b>&#8221;) that is less than fourteen (14) days prior to the Outside Date (including as extended pursuant to the foregoing proviso), the Outside Date shall be automatically extended to the fourteenth
              (14<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>) day following such Relevant Date, and (ii) for so long as the Closing Date has occurred on or before the Outside Date (as extended by paragraph (i) above
              if applicable), the Certain Funds Period shall end on the Termination Date (as defined in the Interim Facilities Agreement).&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Interest Rates and Fees</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As set forth on Annex I hereto.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Default Rate</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">During the continuance of a payment or bankruptcy event of default, with respect to overdue principal, at the applicable interest rate plus
            2.00% per annum, and with respect to any other overdue amount (including overdue interest), at the interest rate applicable to ABR loans (as defined in Annex I) plus 2.00% per annum, which, in each case, shall be payable on demand.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Letters of Credit</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">An aggregate amount not to exceed an amount to be agreed of the Revolving Facility will be available to the Borrower for the purpose of
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      <tr style="vertical-align: top">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%">&#160;</td>
        <td style="width: 80%">
          <p style="margin-top: 0; margin-bottom: 0">&#8220;<b><i>Springing Maturity Date</i></b>&#8221; means the date that is 91 days prior to the maturity of the Convertible Notes Investment.</p>
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          <p style="margin-top: 0; margin-bottom: 0; text-align: justify">The Facilities Documentation shall contain customary &#8220;amend and extend&#8221; provisions pursuant to which individual Lenders may agree to extend the maturity date of their outstanding
            Term Loans, loans under any Incremental Facility or Revolving Commitments (which may include, among other things, an increase in the interest rate payable in respect of such extended Term Loans, loans under any Incremental Facility or Revolving
            Commitments, with such extensions not subject to any &#8220;default stoppers&#8221;, financial tests or &#8220;most favored nation&#8221; pricing provisions) upon the request of the Borrower and without the consent of any other Lender (it is understood that (i) no
            existing Lender will have any obligation to commit to any such extension and (ii) each Lender under the class being extended shall have the opportunity to participate in such extension on the same terms and conditions as each other Lender under
            such class).&#160;</p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Guarantees</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject in all respects to the Limited Conditionality Provisions, all obligations of the Borrower (the &#8220;<b><i>Obligations</i></b>&#8221;) under the
            Facilities and, at the election of the Borrower, all obligations of the Borrower or any restricted subsidiary of the Borrower under any interest rate protection, foreign exchange or other swap or hedging arrangements (other than any obligation
            of any Guarantor to pay or perform under any agreement, contract, or transaction that constitutes a &#8220;swap&#8221; within the meaning of section 1a(47) of the Commodity Exchange Act (a &#8220;<b><i>Swap</i></b>&#8221;), if, and to the extent that, all or a portion
            of the guarantee by such Guarantor of, or the grant by such Guarantor of a security interest to secure, such Swap (or any guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation, or order of the
            Commodity Futures Trading Commission (or the application or official interpretation of any thereof) (collectively, &#8220;<b><i>Excluded Swap Obligations</i></b>&#8221;)) and cash management arrangements, in each case entered into with a Lender, Lead
            Arranger, Joint Bookrunner, the Administrative Agent, any affiliate of a Lender, Lead Arranger, Joint Bookrunner or the Administrative Agent or, upon notice to the Administrative Agent, any other person (&#8220;<b><i>Hedging/Cash Management
                Arrangements</i></b>&#8221;) will be unconditionally and irrevocably guaranteed jointly and severally on a senior basis (the &#8220;<b><i>Guarantees</i></b>&#8221;) by each existing and subsequently acquired or organized direct or indirect wholly-owned U.S.
            restricted subsidiary of the Borrower (the &#8220;<b><i>Guarantors</i></b>&#8221;); <i>provided</i> that Guarantors shall not include (a) unrestricted subsidiaries, (b) immaterial or other excluded subsidiaries (to be defined in a mutually acceptable
            manner), (c) any subsidiary that is prohibited by applicable law, rule or regulation or by any contractual obligation existing on the Closing Date or on the date any such subsidiary is acquired (so long as in respect of any such contractual
            prohibition such prohibition is not incurred in contemplation of such acquisition), in each case from guaranteeing the Facilities or which would require governmental (including regulatory) consent, approval, license or authorization to provide
            a Guarantee, or for which the provision of a Guarantee would result in a material adverse tax consequence (including as a result of the operation of Section 956 of the Internal Revenue Code of 1986, as amended (the &#8220;<b><i>IRS Code</i></b>&#8221;) or
            any similar law or regulation in any applicable jurisdiction) to the Borrower or one of its subsidiaries (as reasonably determined by the Borrower in consultation with the Administrative Agent), (d) any direct or indirect U.S. subsidiary of a
            non-U.S. subsidiary of the Borrower that is a &#8220;controlled foreign corporation&#8221; within the meaning of Section 957 of the IRS Code (a &#8220;<b><i>CFC</i></b>&#8221;) and any direct or indirect subsidiary of the Borrower that has no material assets other
            than equity and/or indebtedness of one or more direct or indirect subsidiaries that are CFCs (any such entity, a &#8220;<b><i>FSHCO</i></b>&#8221;), (e) any not-for-profit subsidiaries, captive insurance companies or other special purpose subsidiaries and
            (f) certain special purpose entities and any receivables subsidiary. Neither the Target nor any of its subsidiaries will be Guarantors prior to the consummation of the Acquisition and the initial funding of the Facilities on the Closing Date.</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 80%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding the foregoing, subsidiaries may be excluded from the guarantee requirements in circumstances where the
            Administrative Agent and the Borrower reasonably agree that the cost of providing such a guarantee is excessive in relation to the value afforded thereby.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Security</u>:</font></td>
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              this section and subject to the Limited Conditionality Provisions, the Obligations, the Hedging/Cash Management Arrangements and the Guarantees in respect of the Obligations (collectively, the &#8220;<b><i>Secured Obligations</i></b>&#8221;) will be
              secured by: (a) junior-priority security interests in the ABL Priority Collateral (as defined below) (subject to permitted liens and with the ABL Facility secured by first-priority security interests therein); (b) a perfected first-priority
              pledge of 100% of the equity interests of each direct, wholly-owned material restricted subsidiary of the Borrower and of each Guarantor (which pledge, in the case of capital stock of any non-U.S. subsidiary or any FSHCO, shall be limited to
              65% of any voting capital stock and 100% of the non-voting capital stock of such first-tier material non-U.S. subsidiary or FSHCO) and (c) perfected first priority (other than with respect to ABL Priority Collateral) security interests in
              substantially all tangible and intangible personal property of the Borrower and each Guarantor (the items described in clauses (a) through (c) above, but excluding the Excluded Assets (as defined in the Precedent Documentation), collectively,
              the &#8220;<b><i>Collateral</i></b>&#8221;; <i>provided</i>, for the avoidance of doubt, that, to the extent the ABL Collateral Agent holds any certificates representing any equity interests described in clause (b) above (or holds any other possessory
              collateral) on the Closing Date, the ABL Collateral Agent shall be deemed to hold such certificates (or such other possessory collateral) as bailee for the Administrative Agent and the foregoing requirements shall be satisfied thereby. The
              pledges of and security interests in the Collateral granted by the Borrower and each Guarantor shall secure its own respective Secured Obligations.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b><i>ABL Collateral Agent</i></b>&#8221; has the
              meaning assigned to the term &#8220;Agent&#8221; in the ABL Credit Agreement.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b><i>ABL Facility</i></b>&#8221; has the meaning
              assigned to the term &#8220;Facility&#8221; in the ABL Credit Agreement.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b><i>ABL Priority Collateral</i></b>&#8221; has
              the meaning assigned to such term in that certain Credit Agreement, dated as of December 30, 2021 (as amended, restated, amended and restated, extended, refinanced, replaced, supplemented or otherwise modified from time to time, the &#8220;<b><i>ABL

                  Credit Agreement</i></b>&#8221;), by and among Viavi Solutions Inc., the other Borrowers party thereto, the lenders from time to time party thereto and Wells Fargo Bank, National Association, as administrative agent.&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
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      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td>
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              interests shall be created on terms substantially similar to those set forth in the Precedent Documentation, after giving effect to the Documentation Considerations; and none of the Collateral shall be subject to other pledges or security
              interests, other than with respect to certain customary permitted encumbrances and other exceptions and baskets to be set forth in the Facilities Documentation, substantially similar to the exceptions and baskets set forth in the Precedent
              Documentation, after giving effect to the Documentation Considerations.&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%">&#160;</td>
        <td colspan="2" style="width: 80%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The relative rights and priorities in the Collateral and the ABL Priority Collateral will be set forth in an intercreditor agreement
            consistent with the Documentation Considerations (the &#8220;<b><i>ABL Intercreditor Agreement</i></b>&#8221;).&#160;</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td colspan="2">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Mandatory Prepayments</u>:</font></td>
        <td colspan="2" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Loans under the Term Loan Facilities (with respect to any Incremental Term Facility, to the extent required thereunder) shall be
            prepaid with:</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td colspan="2" style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; padding-left: 30pt; text-indent: -30pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(A) &#160;&#160;&#160;&#160; <br>
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        <td style="padding: 0px 0px 0px 0px; text-align: justify; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">commencing with the first full fiscal year of the Borrower to occur after the Closing Date, an
            amount equal to 50% of Excess Cash Flow (as defined in the Precedent Documentation and as further reduced in accordance with the Precedent Documentation), with step-downs to 25% and 0% based upon the achievement and maintenance of Total
            Leverage Ratios equal to or less than 4.25:1.00 and 4.00:1.00, respectively;</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td colspan="2" style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; padding-left: 30pt; text-indent: -30pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(B) &#160;&#160;&#160;&#160;&#160;</font></td>
        <td style="padding: 0px 0px 0px 0px; text-align: justify; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">an amount equal to 100% (with step-downs to 50% and 0% based upon the achievement and maintenance
            of Total Leverage Ratios equal to or less than 4.75:1.00 and 4.25:1.00, respectively (such stepdowns, the &#8220;<b><i>Asset Sale Stepdowns</i></b>&#8221;)) of the net cash proceeds (which shall be calculated in a manner consistent with the Precedent
            Documentation) of non-ordinary course sales or other dispositions of assets constituting Collateral (other than, for the avoidance of doubt, dispositions of ABL Priority Collateral) by the Borrower and its restricted subsidiaries after the
            Closing Date (including insurance and condemnation proceeds and sale leaseback proceeds) in excess of an amount to be agreed made pursuant to clause&#160;(b) under the heading &#8220;Permitted Asset Sales&#8221; below and otherwise consistent with such
            provisions in the Precedent Documentation; and</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td colspan="2" style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; padding-left: 30pt; text-indent: -30pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(C) &#160;&#160;&#160; <br>
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        <td style="padding: 0px 0px 0px 0px; text-align: justify; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">an amount equal to 100% of the net cash proceeds of issuances of debt obligations of the Borrower
            and its restricted subsidiaries after the Closing Date (other than debt permitted under the Facilities Documentation, except in respect of Refinancing Indebtedness).</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td colspan="2" style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td colspan="2" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mandatory prepayments shall be applied, without premium or penalty (i) amongst the Initial Term Loan Facility, the Term Cash Flow
            Facility and any Incremental Term Facility as selected by the Borrower (except pursuant to clause (C) above with respect to Refinancing Indebtedness) and (ii) at the Borrower&#8217;s direction to the amortization payments scheduled to occur under the
            Term Loans Facilities and any Incremental Term Facility.&#160;&#160;</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td colspan="2" style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td colspan="2" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding the foregoing, the Facilities Documentation will provide that, in the event that any Refinancing Indebtedness or
            any other indebtedness, including any Incremental Equivalent Debt, that is secured on an equal priority basis (but without regard to the control of remedies) with the liens on the Collateral securing the Facilities (collectively, <b><i>&#8220;Additional

                First Lien Debt&#8221;</i></b>), shall be issued or incurred, such Additional First Lien Debt may share no more than ratably in any prepayments required by the foregoing provisions of clauses (A) and/or (B) to the extent required by the terms of
            the documentation for such Additional First Lien Debt.</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-10</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 80%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prepayments attributable to non-U.S. subsidiaries&#8217; Excess Cash Flow and asset sale or other disposition proceeds will be limited
            under the Facilities Documentation to the extent the repatriation of such amounts would result in material adverse tax consequences or would be prohibited or restricted by applicable law, rule or regulation in a manner consistent with the
            Precedent Documentation.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td>
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              pro rata portion of any mandatory prepayment other than a prepayment described in clause (C) above (each a &#8220;<b><i>Declining Lender</i></b>&#8221;). Any prepayment amount declined (such amount, a &#8220;<b><i>Declined Amount</i></b>&#8221;) by a Declining
              Lender under the Term Loan Facility or under any Incremental Term Facility may be retained by the Borrower and its restricted subsidiaries and shall increase the Available Amount Basket (as defined below).</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The loans under the Revolving Facility shall
              be prepaid and the letters of credit cash collateralized to the extent such extensions of credit exceed the amount of the commitments under the Revolving Facility.&#160;</font></p>
        </td>
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      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Voluntary Prepayments and <br>
              Reductions in Commitments</u>:</font></td>
        <td>
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              of the Revolving Commitments and voluntary prepayments of borrowings under the Term Loan Facilities will be permitted at any time, in minimum principal amounts to be agreed, without premium or penalty (other than as set forth in second and
              third succeeding paragraphs).</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">All voluntary prepayments of the Term Loan
              Facilities and any Incremental Facility will be applied to the remaining amortization payments under the Term Loan Facilities or such Incremental Facility as directed by the Borrower (and absent such direction, in direct order of maturity
              thereof), including to any class of extending or existing Term Loans in such order as the Borrower may designate, and shall be applied to the Facilities or any Incremental Facility as determined by the Borrower.</font></p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any voluntary prepayment or refinancing (other
              than a refinancing of the Initial Term Loan Facility in connection with any transaction that would, if consummated, constitute a change of control, Material Acquisition (as defined below), Material Disposition (as defined below) or an
              increase in the aggregate principal amount of Term Loans (including by adding a new Class of Term Loans)) of the Initial Term Loan Facility with other broadly syndicated U.S. dollar-denominated term loan B financings under credit facilities
              with a lower Effective Yield (as defined below) than the Effective Yield of the Initial Term Loan Facility, or any amendment (other than an amendment of the Initial Term Loan Facility in connection with any transaction that would, if
              consummated, constitute a change of control, Material Acquisition, Material Disposition or increase in the aggregate principal amount of Term Loans (including by adding a new Class of Term Loans) that reduces the Effective Yield of the
              Initial Term Loan Facility, in either case that occurs prior to the date that is six months following the Closing Date (the &#8220;<b><i>Soft Call Date</i></b>&#8221;) and the primary purpose of which is to lower the Effective Yield on the Initial Term
              Loan Facility, shall be subject to a prepayment premium of 1.00% of the principal amount of the Initial Term Loan Facility so prepaid, refinanced or amended (collectively, the &#8220;<b><i>Soft Call Protection</i></b>&#8221;). For the purposes of this
              paragraph, (i) &#8220;<b><i>Material Acquisition</i></b>&#8221; shall mean any acquisition by the Borrower or any restricted subsidiary for consideration (including any assumed indebtedness) in an aggregate amount equal to or greater than the lesser of
              $73 million and 25% of Consolidated EBITDA for the last four fiscal quarters of the Borrower for which financial statements are available, (ii) &#8220;<b><i>Material Disposition</i></b>&#8221; shall mean any disposition by the Borrower or any restricted
              subsidiary for consideration (including any assumed indebtedness) in an aggregate amount equal to or greater than the lesser of $73 million and 25% of Consolidated EBITDA for the last four fiscal quarters of the Borrower for which financial
              statements are available and (iii) &#8220;<b><i>Effective Yield</i></b>&#8221; shall mean, as of any date of determination, the sum of (a) the higher of (A) the Term SOFR rate on such date for a deposit in dollars with a maturity of one month and (B) the
              Term SOFR floor, if any, with respect thereto as of such date, (b) the interest rate margins as of such date (with such interest rate margin and interest spreads to be determined by reference to the Term SOFR rate) and (c) the amount of OID
              and upfront fees thereon (converted to yield assuming a four-year average life and without any present value discount).&#160;</font></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Conditions to Initial Borrowing and further Borrowings under the
                Term Loan Facilities</u>:</font></p>
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        <td style="text-align: justify; width: 80%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to the Limited Conditionality Provisions, the availability of the initial borrowing and other extensions of credit under
            the Facilities on the Closing Date or, in the case of each Term Loan Facility, thereafter during the Certain Funds Period will be subject solely to (a) delivery of a customary borrowing/issuance notice; <i>provided</i> that such notice shall
            not include any representation or statement as to the absence (or existence) of any default or event of default, and (b) satisfaction of conditions precedent set forth in Exhibit C. For the avoidance of doubt and notwithstanding anything to the
            contrary, there will be no condition precedent directly or indirectly relating to the Target and its subsidiaries (including guarantees from or security by or over the Target or any of its subsidiaries).</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Conditions to All Subsequent Borrowings under the Revolving Facility</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">After the Closing Date, the making of each extension of credit under the Revolving Facility shall be conditioned upon (a) delivery of a
            customary borrowing/issuance notice, (b) the accuracy of representations and warranties in all material respects; <i>provided </i>that any representations and warranties qualified by materiality shall be, as so qualified, accurate in all
            respects and (c) the absence of defaults or events of default at the time of, and after giving effect to the making of, such extension of credit.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Facilities Documentation</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The definitive financing documentation for the Facilities (the &#8220;<b><i>Facilities Documentation</i></b>&#8221;) shall be initially drafted by counsel
            for the Borrower and contain the terms set forth in this Exhibit B (subject to the right of the Majority Lead Arrangers (as defined in the Fee Letter), as applicable, to exercise the &#8220;Market Flex Provisions&#8221; under the Fee Letter) and, to the
            extent any other terms are not expressly set forth in this Exhibit B, will (a) be negotiated in good faith within a reasonable time period to be determined based on the expected Closing Date in coordination with the Acquisition Documents, and
            taking into account the timing of the syndication of the Initial Term Loan Facility, (b) reflect the Limited Conditionality Provisions and, solely to the extent the Term Facilities Documentation is executed prior to the completion of the Offer
            of Scheme, those representations, warranties and covenants relating to the conduct of the Offer or Scheme expressly set forth in the Interim Facilities Agreement which shall be applicable only to the parties set forth in the Interim Facilities
            Agreement and apply solely prior to the completion of the Offer of Scheme and (c) subject to the foregoing clause (b), contain only those conditions, representations, events of default and covenants set forth in this Exhibit B and such other
            terms (but no other conditions) as the Borrower and the Lead Arrangers shall reasonably agree; it being understood and agreed that the Facilities Documentation shall be based on, and substantially consistent with that certain Credit Agreement,
            dated as of June 28, 2023 (as amended, supplemented or otherwise modified through the date hereof, the &#8220;<b><i>Precedent Documentation</i></b>&#8221;), among Quartz Intermediate Inc., Quartz Acquireco LLC and JPMorgan Chase Bank, N.A., as
            administrative and collateral agent, and the other banks, agents, financial institutions and other parties thereto (and the related security, pledge, collateral and guarantee agreements executed and/or delivered in connection therewith and the
            forms of intercreditor agreements attached thereto), as modified by the terms set forth herein and subject to (i) materiality qualifications and other exceptions that give effect to and/or permit the Transactions, (ii) certain baskets,
            thresholds and exceptions that are to be agreed in light of the Consolidated EBITDA and leverage level of the Borrower and its subsidiaries (after giving effect to the Transactions), (iii) such other modifications to reflect the operational and
            strategic requirements of the Borrower and its subsidiaries (after giving effect to the Transactions) in light of their size, industry (and risks and trends associated therewith), geographic locations, businesses, business practices,
            operations, total assets, financial accounting and the Projections, (iv) modifications to reflect changes in law or accounting standards since the date of the Precedent Documentation, (v) modifications to reflect reasonable administrative,
            agency and operational requirements of the Administrative Agent, (vi) modifications to reflect the financial model provided to the Lead Arrangers on March 2, 2024 (the &#8220;<b><i>Model</i></b>&#8221;) and the quality of earnings report provided to the
            Lead Arrangers on February 27, 2024 (the &#8220;<b><i>QofE Report</i></b>&#8221;) (collectively, the &#8220;<b><i>Documentation Considerations</i></b>&#8221;), (vii) modifications to reflect the UK public takeover and &#8220;certain funds&#8221; requirement of the Transactions,
            consistent with the equivalent provisions in the Interim Facilities Agreement and (viii) modifications to reflect the Borrower&#8217;s public reporting company status and the &#8220;crossing liens&#8221; between the Facilities and the ABL Facility.</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Limited Condition Transactions:</u></font></td>
        <td style="width: 80%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For purposes of (i) determining compliance
              with any provision of the Facilities Documentation which requires the calculation of the First Lien Leverage Ratio, the Secured Leverage Ratio (as defined in the Precedent Documentation, subject to &#8220;Financial Definitions&#8221; below), the Total
              Leverage Ratio (as defined in the Precedent Documentation, subject to &#8220;Financial Definitions&#8221; below) or the Interest Coverage Ratio (as defined in the Precedent Documentation, subject to &#8220;Financial Definitions&#8221; below), (ii) determining
              compliance with representations, warranties, defaults or events of default or (iii) testing availability under baskets set forth in the Facilities Documentation (including baskets measured as a percentage of Consolidated EBITDA), in each
              case, in connection with a Limited Condition Transaction, at the option of the Borrower (the Borrower&#8217;s election to exercise such option in connection with any Limited Condition Transaction, an &#8220;<b><i>LCT Election</i></b>&#8221;), the date of
              determination of whether any such action is permitted hereunder, shall be deemed to be, as applicable, the date the definitive agreements or letters of intent for such Limited Condition Transaction are entered into, or the date of delivery of
              irrevocable notice or a dividend declaration with respect to, such Limited Condition Transaction (such date, the &#8220;<b><i>LCT Test Date</i></b>&#8221;), and if, after giving pro forma effect to the Limited Condition Transaction and the other
              transactions to be entered into in connection therewith as if they had occurred at the beginning of the most recent test period ending prior to the LCT Test Date, the Borrower or a restricted subsidiary could have taken such action on the
              relevant LCT Test Date in compliance with such ratio or basket, such ratio or basket shall be deemed to have been complied with.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b><i>Limited Condition Transaction</i></b>&#8221;
              shall mean (i) an acquisition or other investment by one or more of the Borrower and its restricted subsidiaries of any assets, business or person permitted by the Facilities Documentation, (ii) any repayment, repurchase or refinancing of
              indebtedness with respect to which an irrevocable notice of repayment (or similar irrevocable notice) is required to be delivered and (iii) any dividends or distributions on, or redemptions of, equity interests not prohibited by the
              Facilities Documentation declared or requiring irrevocable notice in advance thereof.&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-13</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%">&#160;</td>
        <td style="width: 80%; text-align: justify">For the avoidance of doubt, if the Borrower has made an LCT Election and any of the ratios or baskets for which compliance was determined or tested as of the LCT Test Date (including with respect to the
          incurrence of any Indebtedness) are exceeded as a result of fluctuations in any such ratio or basket (including due to fluctuations in pro forma Consolidated EBITDA, including of the target of any Limited Condition Transaction) at or prior to the
          consummation of the relevant transaction or action, such baskets or ratios will not be deemed to have been exceeded as a result of such fluctuations; however, if any ratios improve or baskets increase as a result of such fluctuations, such
          improved ratios or baskets may be utilized. If the Borrower has made an LCT Election for any Limited Condition Transaction, then in connection with any subsequent calculation of any ratio or basket on or following the relevant LCT Test Date and
          prior to the earlier of (i) the date on which such Limited Condition Transaction is consummated or (ii) the date that the definitive agreement for such Limited Condition Transaction is terminated or expires without consummation of such Limited
          Condition Transaction, any such ratio or basket shall be calculated on a pro forma basis assuming such Limited Condition Transaction and other transactions in connection therewith (including any incurrence of debt and the use of proceeds thereof)
          have been consummated.&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Representations and Warranties</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to the Limited Conditionality Provisions, limited to the representations and warranties set forth in Article III of the Precedent
            Documentation (to be applicable to the Borrower and its restricted subsidiaries only and subject, where applicable, to qualifications and limitations for materiality consistent with those provided in the Precedent Documentation, after giving
            effect to the Documentation Considerations).</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b><i>Material Adverse Effect</i></b>&#8221; shall have the meaning ascribed to such term in the Precedent Documentation.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Affirmative Covenants</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject in all respects to the Documentation Considerations, to be applicable to the Borrower and its restricted subsidiaries only, the same
            (including, for the avoidance of doubt, with respect to deadlines, materiality qualifiers, exceptions and limitations) as the affirmative covenants set forth in Article V of the Precedent Documentation; <i>provided</i>, for the avoidance of
            doubt, that the Facilities Documentation shall not require delivery of a budget.</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-14</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Negative Covenants</u>:</font></td>
        <td style="text-align: justify; width: 80%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Limited to the following (to be applicable to the Borrower and its restricted subsidiaries):</font></td>
      </tr>

  </table>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" style="border-collapse: collapse; line-height: normal; width: 100%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal;">

      <tr style="vertical-align: top">
        <td style="width: 19.77%;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)</font></td>
        <td style="text-align: justify; width: 75%;">
          <p style="margin: 0pt 0px 0pt 0px; line-height: normal; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">limitations on the incurrence of debt (which shall permit, among other things, (i) the indebtedness under the Facilities (including Incremental Facilities) and any permitted refinancing thereof, (ii)
              non-speculative hedging arrangements (including the Transaction FX Hedge), (iii) indebtedness (including Ordinary Course Indebtedness) of (A) the Target and its subsidiaries incurred prior to the Closing Date which remains outstanding and is
              permitted to remain outstanding under the Acquisition Documents and (B) the Borrower and its subsidiaries outstanding as of the Closing Date (including indebtedness in respect of the Convertible Note Investment) and, in each case, any
              permitted refinancings of either of the foregoing, (iv) any secured or unsecured notes or loans issued by the Borrower or a Guarantor in lieu of the Incremental Facilities (such loans or notes, &#8220;<b><i>Incremental Equivalent Debt</i></b>&#8221;); <i>provided</i>
              that (A) the incurrence of such indebtedness shall result in a dollar-for-dollar reduction of the amount of indebtedness that the Borrower and the Guarantors may incur in respect of the Incremental Facilities and the other requirements
              related to the incurrence of the Incremental Facilities shall be satisfied (other than those set forth in the proviso to clause (iii) and in clause (iv) of such requirements); <i>provided</i>, <i>however</i>, that, in the case of any
              Incremental Equivalent Debt consisting of junior priority secured notes or loans, in lieu of compliance with the First Lien Leverage Ratio test set forth in the first paragraph under &#8220;Incremental Facilities&#8221;, the Borrower shall instead be in
              compliance, on a pro forma basis (and without netting any cash proceeds of such incurrence), with either (x) a Secured Leverage Ratio (to be defined as provided under &#8220;Financial Definitions&#8221; below) (recomputed as of the last day of the most
              recently ended fiscal quarter of the Borrower for which financial statements are available) equal to or less than either (i) 4.00:1.00 or (ii) the Secured Leverage Ratio immediately prior to the incurrence of such Incremental Equivalent Debt
              or (y) an Interest Coverage Ratio of not less than either (i) 1.75:1.00 or (ii) the Interest Coverage Ratio immediately prior to the incurrence of such Incremental Equivalent Debt, (B) to the extent secured, such indebtedness shall be subject
              to any applicable intercreditor agreement and (C) the terms and conditions of such Incremental Equivalent Debt (excluding pricing, rate floors, discounts, fees, premiums and prepayment or redemption provisions) either (I) are not materially
              more favorable (when taken as a whole) to the lenders or investors providing such Incremental Equivalent Debt than the terms and conditions of the Facilities Documentation (when taken as a whole) are to the Lenders (it being understood that,
              to the extent that any financial maintenance covenant or any other covenant is added for the benefit of any Incremental Equivalent Debt, no consent shall be required by the Administrative Agent or any of the Lenders if such financial
              maintenance covenant or other covenant is either (x) also added for the benefit of any corresponding Loans remaining outstanding after the issuance or incurrence of any such Incremental Equivalent Debt in connection therewith or (y) only
              applicable after the latest maturity date under the Facilities Documentation at such time), (II) include covenants or other provisions applicable only to periods after the latest maturity date under the Facilities Documentation at such time
              or (III) reflect market terms and conditions (taken as a whole) at the time of incurrence of such Incremental Equivalent Debt (as determined by the Borrower in good faith), (v) Refinancing Indebtedness, (vi) indebtedness assumed in connection
              with, or otherwise incurred to finance, Permitted Acquisitions and other investments, in each case, on the terms set forth in the Precedent Documentation, (vii) purchase money indebtedness and capital leases (x) in an amount to be agreed plus
              (y) an unlimited amount to finance the purchase, construction and improvement of fixed or capital assets subject to compliance with a maximum Secured Leverage Ratio (calculated as if such purchase money indebtedness and capital leases are
              secured by Collateral for these purposes) of no greater than 4.00:1.00 (this clause (y), the &#8220;<b><i>Capital Lease Ratio Prong</i></b>&#8221;), (viii) indebtedness arising from agreements providing for adjustments of purchase price or &#8220;earn outs&#8221;
              entered into in connection with acquisitions, (ix) a general debt basket in an amount to be agreed and which may be secured to the extent permitted by exceptions to the lien covenant (the &#8220;<b><i>General Debt Basket</i></b>&#8221;) less amounts
              incurred under the General Debt Basket Incremental Component, (x) other senior, senior subordinated or subordinated indebtedness that is unsecured or that is secured solely by assets that do not constitute Collateral so long as the Borrower
              is in compliance, on a pro forma basis (and without netting any cash proceeds of such incurrence), with either (x) a Total Leverage Ratio (to be defined as provided under &#8220;Financial Definitions&#8221; below) (recomputed as of the last day of the
              most recently ended fiscal quarter of the Borrower for which financial statements are available) equal to or less than either (i) 6.00:1.00 or (ii) the Total Leverage Ratio immediately prior to the incurrence of such indebtedness or (y) an
              Interest Coverage Ratio of not less than either (i) 1.75:1.00 or (ii) the Interest Coverage Ratio immediately prior to the incurrence of such indebtedness, (xi) a subsidiary debt basket for non-Guarantor subsidiaries in an amount to be
              agreed, (xii) indebtedness in an amount equal to (A) 200% of any cash common equity contribution to the Borrower following the Closing Date (other than Cure Amounts (as defined in the Precedent Documentation) and the proceeds of any such Cure
              Amount that is actually used pursuant to, or that increases, another basket under the Facilities Documentation) to the extent such cash equity contribution shall not be counted for purposes of the Available Amount Basket and without any time
              limitation for use of proceeds of such contribution (this clause (xii)(A), the &#8220;<b><i>Contribution Debt Basket</i></b>&#8221;) plus (B) the unused amount of any baskets and/or exceptions permitting dividends or distributions on, or redemptions of,
              the equity of the Borrower (or any direct or indirect parent company thereof) or restricted investments (which such baskets, for the avoidance of doubt, shall be reduced by the amount of such incurrence on a dollar-for-dollar basis) (this
              clause (xii)(B), the &#8220;<b><i>RP Debt Basket</i></b>&#8221;), (xiii) using the Available Amount Basket as set forth and subject to the conditions in the second succeeding paragraph, (xiv) permitted receivables financings and (xv) other customary
              exceptions set forth in the Precedent Documentation, after giving effect to the Documentation Considerations);</font></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
        </td>
        <td style="text-align: justify; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)</font></td>
        <td style="text-align: justify; width: 80%">
          <p style="margin: 0pt 0px 0pt 0px; line-height: normal; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">limitations on liens on Collateral securing indebtedness for borrowed money (which shall permit, among other things, liens securing (i) any of the Facilities and any other liens securing indebtedness of the
              Borrower and its subsidiaries outstanding as of the Closing Date and, in each case, any permitted refinancing thereof, (ii) any secured Incremental Equivalent Debt, (iii) Refinancing Indebtedness, (iv) debt assumed in connection with a
              Permitted Acquisition or other investment on the terms described under the heading &#8220;Permitted Acquisitions&#8221; below, (v) permitted purchase money indebtedness or capital leases in each case permitted to be incurred pursuant to clause (a)(vii)
              above, (vi) other permitted debt pursuant to a general lien basket in an amount to be agreed, (vii) permitted non-Guarantor subsidiary debt limited to the assets of non-Guarantors, (viii) debt incurred using the Available Amount Basket and
              (ix)&#160;other exceptions and qualifications set forth in the Precedent Documentation, after giving effect to the Documentation Considerations);</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td style="width: 20%;">&#160;</td>
        <td style="text-align: justify; width: 5%;" colspan="1">&#160;</td>
        <td style="text-align: justify; width: 80%;">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="width: 20%;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</font></td>
        <td style="text-align: justify; width: 80%;">
          <p style="margin: 0pt 0px 0pt 0px; line-height: normal; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">limitations on fundamental changes;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td style="width: 20%;">&#160;</td>
        <td style="text-align: justify; width: 5%;" colspan="1">&#160;</td>
        <td style="text-align: justify; width: 80%;">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="width: 20%;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">d)</font></td>
        <td style="text-align: justify; width: 80%;">
          <p style="margin: 0pt 0px 0pt 0px; line-height: normal; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">limitations on asset sales (including sales of subsidiaries) and sale and lease back transactions (which, in each case, shall be permitted (i) on the terms set forth under the heading &#8220;Permitted Asset Sales&#8221;
              below, (ii) pursuant to an annual dollar basket in an amount equal to the greater of $59 million and 20% of Consolidated EBITDA for the last four fiscal quarters of the Borrower for which financial statements are available, with amounts not
              used in any fiscal year carried forward to succeeding fiscal years, (iii) without limit with respect to ABL Priority Collateral, so long as the ABL Facility or any asset-based replacement or refinancing facility thereof is in effect, and (iv)
              subject to the other exceptions and qualifications set forth in the Precedent Documentation, after giving effect to the Documentation Considerations);</font></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table cellspacing="0" cellpadding="0" border="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr style="vertical-align: top">
        <td style="width: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">e)</font></td>
        <td style="text-align: justify; width: 75%;">
          <p style="margin: 0pt 0px 0pt 0px; line-height: normal; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">limitations on investments and acquisitions (which shall be permitted on the terms set forth under &#8220;Permitted Acquisitions&#8221; below and, in addition, permit (i) unlimited investments in the Borrower and the
              restricted subsidiaries, (ii) investments in connection with the Transactions, (iii) using the Available Amount Basket as set forth and subject to the conditions in the second succeeding paragraph, (iv) additional investments subject only to
              pro forma compliance with a Total Leverage Ratio of 5.00:1.00 (the &#8220;<b><i>Leverage Based Investment Exception</i></b>&#8221;), (v) baskets for investments in unrestricted subsidiaries and similar businesses in amounts to be agreed and (vi) other
              exceptions and qualifications set forth in the Precedent Documentation, after giving effect to the Documentation Considerations);</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td style="width: 20%;">&#160;</td>
        <td style="text-align: justify; width: 5%;" colspan="1">&#160;</td>
        <td style="text-align: justify; width: 75%;">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="width: 20%;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">f)</font></td>
        <td style="text-align: justify; width: 75%;">
          <p style="margin: 0pt 0px 0pt 0px; line-height: normal; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; text-indent: 0px;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">limitations on dividends or distributions on, or redemptions of the Borrower&#8217;s (or any of its direct or indirect parent companies&#8217;) equity (which shall permit, among other things, (i) customary payments or
              distributions to pay the consolidated or similar type of income tax liabilities of any direct or indirect parent, to the extent such payments cover taxes that are attributable to the activities of the Borrower or its subsidiaries or to such
              parent&#8217;s ownership of the Borrower or its subsidiaries, (ii)&#160;payment of legal, accounting and other ordinary course corporate overhead or other operational expenses of any direct or indirect parent entity and for the payment of franchise or
              similar taxes required to maintain organizational existence, (iii)&#160;subject to no continuing payment or bankruptcy event of default, customary distributions necessary to pay advisory, refinancing, subsequent transaction and exit fees, and
              other overhead expenses of direct and indirect parents of the Borrower attributable to the ownership of the Borrower and its subsidiaries, (iv)&#160;dividends, distributions or redemptions with the Available Amount Basket as set forth in the
              second succeeding paragraph, (v)&#160;a general basket to be agreed, (vi) dividends, distributions or redemptions in connection with the Transactions (including, without limitation, as necessary to allow any parent company to make payments
              contemplated or otherwise required by the Acquisition Documents whether at or after the Closing Date), (vii) the repurchase, retirement or other acquisition or retirement for value of equity interests (or any options or warrants or stock
              appreciation or similar rights issued with respect to any of such equity interests) held by any future, present or former employee, director, officer or consultant (or any affiliates, spouses, former spouses, other immediate family members,
              successors, executors, administrators, heirs, legatees or distributees of any of the foregoing) pursuant to any employee, management or director profit interests or equity plan, employee, management or director stock option plan or any other
              employee, management or director benefit plan or any agreement with any employee, director or officer; <i>provided </i>that such payments, measured at the time made, do not to exceed the greater of an amount to be agreed and a corresponding
              percentage of Consolidated EBITDA, in any fiscal year; <i>provided</i> that any unused portion for any fiscal year may be carried forward to succeeding fiscal years, (viii)&#160;additional dividends, distributions or redemptions, subject only to
              (A) pro forma compliance with a Total Leverage Ratio of 4.00:1.00 (the &#8220;<b><i>Leverage Based RP Exception</i></b>&#8221;) (after giving pro forma effect to such dividend, distribution or redemption and based on the Consolidated EBITDA of the
              Borrower and its restricted subsidiaries for the most recently ended four fiscal quarter period for which financial statements are available) and (B) no payment or bankruptcy event of default, (ix) dividends, distributions or redemptions in
              an amount, on an annual basis, not to exceed the sum of (a) an amount equal to 7.00% of the net proceeds received by (or contributed to) the Borrower and its restricted subsidiaries from any public offerings of the Borrower&#8217;s equity interests
              and (b) an amount equal to 8.00% of the market capitalization of the Borrower at the time declared and (x) other exceptions and qualifications set forth in the Precedent Documentation, after giving effect to the Documentation Considerations);</font></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-17</font>&#160;</div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">g)</font></td>
        <td style="text-align: justify; width: 75%;"> limitations on prepayments or redemptions of any subordinated indebtedness owed by the Borrower or any Guarantor to any entity that is not the Borrower or any restricted subsidiary (in an aggregate
          principal amount exceeding the cross acceleration threshold) (&#8220;Junior Debt&#8221;), in each case consummated earlier than the date that is 12 months prior to the stated maturity date of such Junior Debt, or amendments of the documents governing such
          Junior Debt in a manner (when taken as a whole) materially adverse to the Lenders (which shall permit, among other things (i) refinancing or exchanges of Junior Debt for like or other junior debt or, other than in the case of subordinated
          indebtedness, any unsecured debt, (ii) conversion of Junior Debt to common or &#8220;qualified preferred&#8221; equity, (iii) prepayments or redemptions using the Available Amount Basket as set forth in the second succeeding paragraph and (iv) additional
          prepayments or redemptions, subject only to pro forma compliance with a Total Leverage Ratio of 3.50:1.00 (the &#8220;Leverage Based Junior Debt Exception&#8221;) (after giving pro forma effect to such prepayment or redemption) and based on the Consolidated
          EBITDA of the Borrower and its restricted subsidiaries for the most recently ended four fiscal quarter period for which financial statements are available);<br>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td style="width: 20%;">&#160;</td>
        <td style="text-align: justify; width: 5%;" colspan="1">&#160;</td>
        <td style="text-align: justify; width: 75%;">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="width: 20%;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">h)</font></td>
        <td style="text-align: justify; width: 75%;">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-indent: -0.25in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">limitations on negative pledge clauses;
              and</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 20%;">&#160;</td>
        <td style="text-align: justify; width: 5%;" colspan="1">&#160;</td>
        <td style="text-align: justify; width: 75%;">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="width: 20%;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify; width: 5%;" colspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</font></td>
        <td style="text-align: justify; width: 75%;">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-indent: -0.25in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">limitations on transactions with
              affiliates.</font></p>
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      </tr>
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        <td style="width: 20%;">&#160;</td>
        <td style="text-align: justify; width: 5%;" colspan="1">&#160;</td>
        <td style="text-align: justify; width: 75%;">&#160;</td>
      </tr>
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        <td style="width: 20%;">&#160;</td>
        <td style="text-align: justify; width: 5%;" colspan="2" rowspan="1"><font style="font: 10pt Times New Roman, Times, Serif">For the avoidance of doubt, unless expressly specified herein, no negative covenant exception shall be subject to a cap on
            non-Guarantor indebtedness or investments.</font></td>
      </tr>

  </table>
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    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-18</font>&#160;</div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="width: 80%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The negative covenants will be subject, in the
              case of each of the foregoing covenants, to exceptions, qualifications and &#8220;baskets&#8221; to be set forth in the Facilities Documentation that are substantially consistent with the exceptions, qualifications and &#8220;baskets&#8221; set forth in Precedent
              Documentation, but adjusted to reflect the Documentation Considerations, which shall, for the avoidance of doubt, permit classification and reclassification from time to time by the Borrower among one or more available baskets and exceptions
              under any such covenants and contain automatic reclassification to ratio-based incurrence exceptions; <i>provided</i> that (x) monetary baskets in the negative covenants will include in a manner consistent with the Precedent Documentation
              basket builders based on a percentage of Consolidated EBITDA of the Borrower and its restricted subsidiaries equivalent to the initial monetary amount of each such basket and (y) the amount of any basket usage (including any borrowings under
              any Revolving Facility or under the Incremental Facilities) made substantially simultaneously with, or contemporaneously with, any &#8220;ratio&#8221; test under the Facilities Documentation will be disregarded when determining pro forma compliance with
              such &#8220;ratio.&#8221; In addition, certain negative covenants shall include an &#8220;<b><i>Available Amount Basket</i></b>&#8221;, which shall mean a cumulative amount equal to (a)&#160;the greater of (1)&#160;$146 million and (2) 50% of Consolidated EBITDA for the last
              four fiscal quarters of the Borrower for which financial statements are available (such greater amount, the &#8220;<b><i>Starter Basket</i></b>&#8221;) <u>plus</u> (b) the greater of (i) 50% of cumulative Consolidated Net Income (to be defined as
              provided under &#8220;Financial Definitions&#8221; below) and (ii) cumulative Consolidated EBITDA <u>minus</u> 1.5x cumulative Fixed Charges (as defined in the Precedent Documentation) (this clause&#160;(b), the &#8220;<b><i>Builder Basket</i></b>&#8221;), <u>plus</u>
              (c) the Declined Amounts <u>plus</u> (d)&#160;the portion of net cash proceeds not required to be applied to prepayments pursuant to clause (B) in &#8220;Mandatory Prepayments&#8221; above as a result of the leverage-based step-downs <u>plus</u> (e) the
              cash proceeds of new public or private equity issuances of any direct or indirect parent of the Borrower or the Borrower (other than disqualified stock) actually received in the form of qualified equity, <u>plus</u> (f) capital contributions
              to the Borrower made in cash or cash equivalents (other than disqualified stock) and the fair market value of any in-kind contributions, <u>plus</u> (g) the net cash proceeds received by the Borrower and its restricted subsidiaries from debt
              and disqualified stock issuances that have been issued after the Closing Date and which have been exchanged or converted into qualified equity, <u>plus</u> (h) returns, profits, distributions and similar amounts received in cash or cash
              equivalents by the Borrower and its restricted subsidiaries on investments made using the Available Amount Basket (not to exceed the amount of such investments) or otherwise received from an unrestricted subsidiary (including the net proceeds
              of any sale, or issuance of stock, of an unrestricted subsidiary), <u>plus</u> (i) the investments of the Borrower and the restricted subsidiaries in any unrestricted subsidiary that has been re-designated as a restricted subsidiary or that
              has been merged or consolidated with or into the Borrower or any of its restricted subsidiaries in an amount equal to the fair market value (as determined in good faith by the Borrower) of the investments of the Borrower and its restricted
              subsidiaries in such unrestricted subsidiary at the time of such re-designation or merger or consolidation and otherwise defined in a manner consistent with the Precedent Documentation, after giving effect to the Documentation Considerations.
              The Available Amount Basket may be used for indebtedness, investments, dividends and distributions and the prepayment or redemption of Junior Debt; <i>provided</i> that use of the Builder Basket for dividends and distributions shall be
              subject to the absence of any continuing payment or bankruptcy event of default.&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Permitted Asset Sales</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower or any restricted subsidiary will be permitted to make non-ordinary course of business asset sales or dispositions without limit
            so long as (a) such sales or dispositions are for fair market value, (b) at least either (x)&#160;75% of the consideration for asset sales and dispositions, calculated over the period since the Closing Date and through the date of such asset sale or
            disposition, in excess of an amount to be agreed shall consist of cash or cash equivalents or (y)&#160;50% of the consideration for asset sales and dispositions, calculated over the period since the Closing Date and through the date of such asset
            sale or disposition, in excess of an amount to be agreed shall consist of cash or cash equivalents (in each case, subject to exceptions to be set forth in the Facilities Documentation to be agreed, which shall include a basket in an amount to
            be agreed for non-cash consideration that may be designated as cash consideration) and (c) to the extent applicable, such asset sale or disposition is subject to the terms set forth in the section entitled &#8220;Mandatory Prepayments&#8221; hereof.</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Permitted Acquisitions</u>:</font></td>
        <td style="text-align: justify; width: 80%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower or any restricted subsidiary will be permitted to make acquisitions of the equity interests in a person that becomes
            a restricted subsidiary, or all or substantially all of the assets (or all or substantially all the assets constituting a business unit, division, product line or line of business) of any person (each, a &#8220;<b><i>Permitted Acquisition</i></b>&#8221;)
            so long as (a) after giving effect thereto, no payment or bankruptcy event of default has occurred and is continuing, (b) the acquired company or assets are in the same or a generally related or ancillary line of business as the Borrower and
            its subsidiaries and (c) subject to the limitations set forth in &#8220;Guarantees&#8221; and &#8220;Security&#8221; above, the acquired company and its subsidiaries (other than any subsidiaries of the acquired company designated as an unrestricted subsidiary as
            provided in &#8220;Unrestricted Subsidiaries&#8221; below) will become Guarantors and pledge their Collateral to the Administrative Agent. Acquisitions of entities that do not become Guarantors will not be limited in any additional manner.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Financial Maintenance Covenant</u>:</font></td>
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              None.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">With respect to the Revolving Facility: The
              Facilities Documentation will contain a maximum First Lien Leverage Ratio with regard to the Borrower and its restricted subsidiaries on a consolidated basis (the &#8220;<b><i>Financial Maintenance Covenant</i></b>&#8221;), at a level of 6.75:1.00 (which
              First Lien Leverage Ratio shall be appropriately adjusted to reflect any additional original issue discount or upfront fees required to be funded in connection with the &#8220;Market Flex Provisions&#8221; in the Fee Letter and any related increase in
              leverage as a result thereof to the extent necessary to maintain the same non-cumulative cushion to the Consolidated EBITDA) (and with no step-downs).</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The foregoing Financial Maintenance Covenant
              will be tested with respect to the Borrower and its restricted subsidiaries on a consolidated basis, beginning with the second full fiscal quarter period ending after the Closing Date for which financial statements have been or are required
              to be delivered, quarterly on the last day of each fiscal quarter ending after the Closing Date for which financial statements have been or are required to be delivered, but only if, on the last day of such fiscal quarter, the aggregate
              outstanding principal amount of Revolving Loans (excluding (a) for the first four full fiscal quarters after Closing Date amounts drawn to fund (1)&#160;any original issue discount or upfront fees required to be funded in connection with the
              &#8220;Market Flex Provisions&#8221; in the Fee Letter or (2)&#160;Acquisition Funds and (b) for the avoidance of doubt, letters of credit whether or not drawn), exceeds 40% of the total amount of the Revolving Commitments.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For purposes of determining compliance with
              the Financial Maintenance Covenant, the Facilities Documentation shall provide for Cure Rights (as defined in the Precedent Documentation) that are the same as those set forth in the Precedent Credit Agreement (including, without limitation,
              as set forth in Section 7.02 of the Precedent Documentation).&#160;</font></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-20</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Financial Definitions</u>:</font></td>
        <td style="text-align: justify; width: 80%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The financial definitions in the Facilities Documentation shall be consistent with the equivalent definitions of such terms in the
            Precedent Documentation, after giving effect to Documentation Considerations, in each case as modified (a) as reasonably agreed to (i) more accurately reflect the business and financial accounting of the Borrower and its subsidiaries after
            giving effect to the Transactions and (ii)&#160;address technical clarifications and adjustments and (b) to include all adjustments and add-backs of the type included in the Model (together with all updates and modifications thereto reasonably
            agreed with the Required Lead Arrangers) or the QofE Report; <i>provided</i> that (i) there shall be an uncapped addition to Consolidated EBITDA for pro forma &#8220;run rate&#8221; cost savings, operating expense reductions, and cost synergies related to
            the Transactions that are reasonably quantifiable, factually supportable and projected by the Borrower in good faith to result from actions that have been taken or initiated or are expected to be taken (in the good faith determination of the
            Borrower) before or within 24 months after the Closing Date and (ii) there shall be an uncapped addition to Consolidated EBITDA for pro forma &#8220;run rate&#8221; cost savings, operating expense reductions, and cost synergies related to acquisitions,
            dispositions and other specified transactions, restructurings, cost savings initiatives and other initiatives that are reasonably quantifiable, factually supportable and projected by the Borrower in good faith to result from actions that have
            been taken or initiated or are expected to be taken (in the good faith determination of the Borrower) before or within 24 months after such acquisition, disposition or other specified transaction, restructuring, cost savings initiative or other
            initiative. It being understood and agreed, for the avoidance of doubt, that all references to a First Lien Leverage Ratio, a Secured Leverage Ratio, a Total Leverage Ratio or an Interest Coverage Ratio, shall be deemed to be references to such
            ratios as set forth herein without regard to the amount of Consolidated EBITDA used to market and/or syndicate the Facilities.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Unrestricted Subsidiaries</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Facilities Documentation will contain provisions pursuant to which, subject to limitations on loans, advances, guarantees and other
            investments in, unrestricted subsidiaries, the Borrower will be permitted to designate any existing or subsequently acquired or organized subsidiary (other than the Borrower) as an &#8220;unrestricted subsidiary&#8221; (with any subsidiary of an
            unrestricted subsidiary constituting an unrestricted subsidiary) and subsequently re-designate any such unrestricted subsidiary as a restricted subsidiary so long as, after giving effect to any such designation or re-designation, (a) the fair
            market value of such subsidiary at the time it is designated as an &#8220;unrestricted subsidiary&#8221; shall be treated as an investment by the Borrower at such time and (b) no payment or bankruptcy event of default under the Facilities Documentation has
            occurred or is continuing or would exist after giving effect thereto.&#160;&#160;Unrestricted subsidiaries will not be subject to the representation and warranties, affirmative or negative covenant or event of default provisions of the Facilities
            Documentation and the results of operations and indebtedness of unrestricted subsidiaries will not be taken into account for purposes of determining compliance with the financial maintenance covenant contained in the Facilities Documentation.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Events of Default</u>:</font></td>
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              event of default provisions on terms and conditions substantially consistent with the Precedent Documentation after giving effect to the Documentation Considerations; <i>provided</i> that, for the avoidance of doubt, the Convertible Notes
              Investors shall be a &#8220;Permitted Holder&#8221; under the Facilities Documentation.</font></p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding the foregoing, (i) only
              lenders holding at least a majority of the Revolving Commitments and Revolving Loans shall have the ability to (and be required in order to) amend the Financial Maintenance Covenant and waive a breach of the Financial Maintenance Covenant and
              (ii) a breach of the Financial Maintenance Covenant shall not constitute an event of default with respect to the Term Loan Facilities or trigger a cross-default under the Term Loan Facilities until the date on which the Revolving Commitments
              have been terminated or the Revolving Loans (if any) have been accelerated by the Revolving Lenders in accordance with the terms of the Revolving Facility.&#160;</font></p>
        </td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-21</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</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="text-align: justify; width: 20%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Voting</u>:</font></td>
        <td style="width: 80%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Facilities Documentation will include
              voting provisions on terms and conditions substantially consistent with the Precedent Documentation after giving effect to Documentation Considerations (including with respect to the inclusion of the Revolving Facility).</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding the foregoing, amendments and
              waivers of the Financial Maintenance Covenant will be subject to the second paragraph under &#8220;Events of Default&#8221; above.&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify">&#160;</td>
        <td>&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Cost and Yield Protection</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Facilities Documentation will include cost and yield protection provisions on terms and conditions substantially consistent with the
            Precedent Documentation after giving effect to Documentation Considerations. The Facilities Documentation will include customary provisions with respect to taxes.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Assignments and Participations</u>:</font></td>
        <td>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prior to the expiration of the Certain Funds
              Period, consistent with the Interim Facilities Agreement. Thereafter, the Facilities Documentation will permit assignments and participations (including with respect to affiliates of the Borrower) in accordance with the Documentation
              Considerations on terms and conditions substantially consistent with the Precedent Documentation after giving effect to the Documentation Considerations; <i>provided</i> that (x) any assignment or participation of Revolving Loans or
              Revolving Commitments (other than (i) to an existing Lender or (ii) during the continuance of a payment or bankruptcy Event of Default) shall require Borrower consent (not to be unreasonably withheld or delayed) and (y) the Borrower&#8217;s consent
              shall not be required with respect to participations of the Term Loan Facility to competitors that have not been identified to the Administrative Agent in writing as such).</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In connection with obtaining Borrower consent
              to assignments in accordance with the Facilities Documentation, the Borrower shall be permitted to designate up to two additional individuals (which, for the avoidance of doubt, may include officers or employees of the Convertible Notes
              Investors) who shall be copied on any such consent requests (or receive separate notice of such proposed assignments) from the Administrative Agent.&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Expenses and Indemnification</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Facilities Documentation will include expense and indemnification provisions on terms and conditions substantially consistent with the
            Precedent Documentation after giving effect to Documentation Considerations.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Governing Law and Forum</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">New York.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Counsel to the Administrative Agent, Lead Arrangers and Joint Bookrunners</u>:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Davis Polk &amp; Wardwell LLP.</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal">B-22</font>&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  </div>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ANNEX I</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></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: 16%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Interest Rates</u>:</font></td>
        <td style="width: 84%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">With respect to the Initial Term Loan
              Facility, at the option of the Borrower, Term SOFR plus a margin (the &#8220;<b><i>Applicable Margin</i></b>&#8221;) of 3.75% or ABR plus an Applicable Margin of 2.75%.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">From and after the delivery by the Borrower to
              the Administrative Agent of the financial statements for the first full fiscal quarter of the Borrower completed after the Closing Date, interest rate spreads with respect to the Term Loan Facility shall be subject to two 25 basis point
              step-downs at (a) for the first eight fiscal quarters occurring after the Closing Date, first lien gross leverage ratios of 1.00:100 and 0.75:1.00, respectively, and (b) thereafter, First Lien Leverage Ratios of 1.00:1.00 and 0.75:1.00,
              respectively (the &#8220;<b><i>First Lien Term Loan Leverage Step-downs</i></b>&#8221;).&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify">&#160;</td>
        <td>&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">With respect to the Term Cash Flow Facility, at the option of the Borrower, Term SOFR plus an Applicable Margin of 3.50% or ABR plus an
            Applicable Margin of 2.50%.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td>
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              option of the Borrower, Term SOFR plus an Applicable Margin of 3.50% or ABR plus an Applicable Margin of 2.50%.</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">From and after the delivery by the Borrower to
              the Administrative Agent of the financial statements for the first full fiscal quarter of the Borrower completed after the Closing Date, interest rate spreads with respect to the Revolving Facility shall be subject to two 25 basis point
              step-downs at a First Lien Leverage Ratio of 1.00:1.00 and 0.75:1.00, respectively.&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify">&#160;</td>
        <td>&#160;</td>
      </tr>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A per annum fee equal to the Applicable Margin related to Term SOFR loans under the Revolving Facility will accrue on the aggregate face
            amount of outstanding letters of credit under the Revolving Facility, payable in arrears at the end of each quarter and upon the termination of the respective letter of credit, in each case for the actual number of days elapsed over a 360-day
            year. Such fees shall be paid to the Administrative Agent for distribution to the Revolving Lenders pro rata in accordance with the amount of each such Revolving Lender&#8217;s Revolving Commitment, with exceptions for defaulting lenders. In
            addition, the Borrower shall pay to each letter of credit issuer, for its own account, (a) a fronting fee equal to 0.125% per annum of the aggregate face amount of outstanding letters of credit, payable in arrears at the end of each quarter, at
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              0.50% per annum on the average daily unused portion of the Revolving Facility, payable quarterly in arrears, calculated based upon the actual number of days elapsed over a 360-day year. Such fees shall be paid to the Administrative Agent for
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              the Administrative Agent of the Borrower&#8217;s financial statements for the first full fiscal quarter of the Borrower completed after the Closing Date, the commitment fee under the Revolving Facility shall be determined by reference to a
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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    <font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Facilities</u></font><br>
    <font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Summary of Additional Conditions</u><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></font></p>
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      Facilities during the Certain Funds Period are subject solely to the satisfaction or waiver by the Commitment Parties of the applicable conditions set forth in the section entitled Conditions in the body of the Commitment Letter, the section entitled
      &#8220;Conditions to Initial Borrowing and further Borrowings under the Term Loan Facilities&#8221; in Exhibit B to the Commitment Letter and the following conditions (subject in all respects to the Limited Conditionality Provisions): </font></p>
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          Administrative Agent has received (a) a copy of the Announcement and (b) a certificate from the Buyer confirming that, in the case of a Scheme, the Scheme Effective Date has occurred or, in the case of an Offer, the Offer has become or has been
          declared unconditional in all respects.</font></p>
    </div>
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          since the date on which such Lender first became a party to the Interim Facilities Agreement, become illegal for such Lender to make, or to allow to remain outstanding, that Interim Utilisation provided that such Lender has notified the Borrower
          immediately upon becoming aware of the relevant issue in accordance with the applicable provisions of the Interim Facilities Agreement, and provided further that such illegality alone will not excuse any other Lender from participating in the
          relevant Interim Utilisation and will not in any way affect the obligations of any other Lender.</font></p>
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          Notes Investment shall have been consummated, or substantially simultaneously with the initial borrowings under the Facilities or the Interim Facilities, as applicable, shall be consummated, in all material respects in accordance with the terms
          of the Convertible Notes Purchase Agreement, after giving effect to any modifications, amendments, consents or waivers by the Convertible Notes Purchasers thereunder, other than those modifications, amendments, consents or waivers by the
          Convertible Notes Purchasers thereunder that are materially adverse to the interests of the Lenders or the Commitment Parties in their capacities as such unless consented to in writing by the Required Lead Arrangers (such consent not to be
          unreasonably withheld, delayed or conditioned); <i>provided</i> that Required Lead Arrangers shall be deemed to have consented to such amendment, supplement, waiver or modification unless they shall object in writing thereto within three
          business days of being notified or otherwise becoming aware of such amendment, waiver or modification.</font></p>
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          respects to the Limited Conditionality Provisions, all documents and instruments required to create and perfect the Administrative Agent&#8217;s security interest in the Collateral shall have been executed (if applicable) and delivered by the Borrower
          and its subsidiaries that are Guarantors on the Closing Date immediately prior to giving effect to the Transactions (the &#8220;<b><i>Closing Date Guarantors</i></b>&#8221;; <i>provided</i> that in no event shall the Closing Date Guarantors include the
          Target or any of its subsidiaries) and, if applicable, be in proper form for filing; <i>provided</i>, for the avoidance of doubt, that, to the extent the ABL Collateral Agent holds any possessory collateral on the Closing Date, the ABL
          Collateral Agent shall be deemed to hold such possessory collateral as bailee for the Administrative Agent and the foregoing condition with respect to such possessory collateral shall be satisfied thereby.</font></p>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      and the Lead Arrangers shall have received all documentation at least three business days prior to the Closing Date and other information about the Borrower and the Closing Date Guarantors that shall have been reasonably requested by the
      Administrative Agent or the Lead Arrangers in writing at least 10 business days prior to the Closing Date and that the Administrative Agent and the Lead Arrangers reasonably determine is required by United States regulatory authorities under
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      and the Documentation Considerations and (b) delivery to the Lead Arrangers of customary legal opinions, customary officer&#8217;s closing certificates, organizational documents, customary evidence of authorization and good standing certificates in
      jurisdictions of formation/organization, in each case with respect to the Borrower and the Closing Date Guarantors (to the extent applicable) and a customary solvency certificate, as of the Closing Date and prior to giving effect to the Transactions,
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      required to be paid on the Closing Date pursuant to the Commitment Letter, to the extent invoiced at least three business days prior to the Closing Date (except as otherwise reasonably agreed by the Borrower), shall, upon the initial borrowings under
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-align: right; text-indent: -0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">EXHIBIT D</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Project Echo</u><br>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[see attached]</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="margin: 0">&#160;</p>
  <p style="margin: 0; text-align: right"><b>EXECUTION VERSION</b></p>
  <p style="margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated 4 March 2024</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>INTERIM FACILITIES AGREEMENT</b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>VIAVI SOLUTIONS INC.</b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(as Company)</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">arranged by</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>WELLS FARGO SECURITIES, LLC</b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(as Arranger)</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">with</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>WELLS FARGO BANK, NATIONAL ASSOCIATION</b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(as Interim Facility Agent)</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">and</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>WELLS FARGO BANK, NATIONAL ASSOCIATION</b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(as Interim Security Agent)</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;<img src="ny20023240x1ex10-2_image04.jpg" alt=""></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-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement&#160;</font></p>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Table of Contents</u></font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Page</u></font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="width: 100%">

      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="width: 5%; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</font></td>
        <td style="width: 90%; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interpretation</font></td>
        <td style="width: 5%; text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facilities - Availability</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Making of the Interim Utilisations</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Obligors' Agent</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Nature of an Interim Finance Party's Rights and Obligations</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Utilisation</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Repayment and Prepayment</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Market Disruption</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">19</font></td>
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      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increased Costs</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payments</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</font></td>
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      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fees and Expenses</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">33</font></td>
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      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indemnities</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">35</font></td>
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      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Reserved]</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">39</font></td>
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      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Security and Guarantee</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">39</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Agents and Arranger</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">18.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pro Rata Payments</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">50</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">19.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Set-Off</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">51</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">20.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notices</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">51</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">21.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Confidentiality</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">53</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">22.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Know Your Customer Requirements</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">55</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Representations, Undertakings and Events of Default</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">55</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Changes to Parties</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">25.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Impairment and Replacement of Interim Finance Parties</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">64</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">26.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conduct of Business by the Interim Finance Parties</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">64</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">27.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amendments and Waivers</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">64</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Miscellaneous</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">67</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">29.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Governing Law</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">68</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30.</font></td>
        <td style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jurisdiction</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">68</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 1 Definitions and Interpretation</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72</font></td>
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        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 2 Form of Drawdown Request</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">105</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 3 Conditions Precedent</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">107</font></td>
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      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 4 Guarantee and Indemnity</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">109</font></td>
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        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">115</font></td>
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        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">122</font></td>
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        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 7 Form of Transfer Certificate</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">136</font></td>
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        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 8 Form of Assignment Agreement</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">139</font></td>
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        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 9 Bank Guarantees</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">142</font></td>
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        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 10 Form of Bank Guarantee</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">150</font></td>
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        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 11 The Original Interim Lenders</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">153</font></td>
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        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">154</font></td>
      </tr>
      <tr style="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
        <td colspan="2" style="text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 0.5in;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE 13 Daily Non-Cumulative Compounded RFR Rate</font></td>
        <td style="text-align: right; padding-top: 0in; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">159</font></td>
      </tr>

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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&#160;</p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="width: 34%; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">i</font></td>
        <td style="width: 33%; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>THIS AGREEMENT</b>, dated 4 March 2024, is made between:</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>VIAVI SOLUTIONS INC.</b>, a corporation incorporated under the laws of Arizona, United States (the <b><i>Company</i></b>, the <b><i>Borrower


              </i></b>and a <b><i>Guarantor</i></b>);</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>WELLS FARGO SECURITIES, LLC</b> as arranger (the <b><i>Arranger</i></b>);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>THE FINANCIAL INSTITUTIONS </b>listed in Schedule 11 (<i>The Original Interim Lenders</i>) as lenders (the <b><i>Original Interim Lenders</i></b>);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>WELLS FARGO BANK, NATIONAL ASSOCIATION</b> as agent of the other Interim Finance Parties (the <b><i>Interim Facility Agent</i></b>); and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>WELLS FARGO BANK, NATIONAL ASSOCIATION </b>as security agent for the Interim Finance Parties (the <b><i>Interim Security Agent</i></b>).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interpretation</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terms defined in Schedule 1 (<i>Definitions and Interpretation</i>)
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facilities - Availability</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.1</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facilities</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to the terms of this Agreement, the Interim Lenders make
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">an interim term loan facility in an aggregate amount equal to the Total Interim Facility B Commitments (<b><i>Interim Facility B</i></b>)
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">an interim multi-currency revolving facility in an aggregate amount equal to the Total Interim Revolving Facility Commitments (the <b><i>Interim


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            Lenders).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.2</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Availability Periods</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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            after such other Obligor became an Obligor under any Interim Finance Document shall be binding for all purposes on that Obligor as if that Obligor had expressly made, given or concurred with it (to the extent permitted by law). In the event of
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            and whether or not more onerous) variation, increase, extension or addition of or to any of the Interim Finance Documents and/or any facility or amount made available under any of the Interim Finance Documents, each Obligor expressly confirms
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  </table>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
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      </tr>

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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</font></td>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Completion of Drawdown Requests</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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      </tr>

  </table>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
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      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">7.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">declare that all or any part of the outstanding Interim Loans be payable on demand, whereupon the same shall become payable on demand; and/or</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(A)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">each Interim Lender's participation (if any) in the new Interim Revolving Facility Loans shall be treated as having been made available and
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            Facility Loans available in cash; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1.5in"></td>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if the amount of the maturing Interim Revolving Facility Loan is equal to or less than the aggregate amount of the new Interim Revolving
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 2in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(1)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Borrower will not be required to make any payment in cash; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 2in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(2)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">each Interim Lender will be required to make its participation in the new Interim Revolving Facility Loans available in cash only to the
            extent that its participation (if any) in the new Interim Revolving Facility Loans exceeds that Interim Lender's participation (if any) in the maturing Interim Revolving Facility Loan and the remainder of that Interim Lender's participation in
            the new Interim Revolving Facility Loans shall be treated as having been made available and applied by the Borrower in or towards repayment of that Interim Lender's participation in the maturing Interim Revolving Facility Loan.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">7.2</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prepayment</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower may prepay the whole or any part of any outstanding Interim Utilisation (including, for the avoidance of doubt, the whole or any
            part of any outstanding Interim Utilisation owed to a particular Interim Lender to the extent provided for by the terms of this Agreement), together with accrued but unpaid interest, at any time, on giving one (1) Business Day&#8217;s prior notice in
            writing to the Interim Facility Agent.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any part of the Interim Revolving Facility which is prepaid pursuant to paragraph (a) above may be redrawn in accordance with the terms of
            this Agreement.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amounts prepaid under the Interim Facility B may not be redrawn.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">7.3</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">8.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">8.1</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The rate of interest applicable to a Term Rate Loan for a particular Interest Period shall be the rate per annum determined by the Interim
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the applicable Margin; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">When calculating the applicable Margin for the purposes of paragraphs (a) or (b) above, amounts outstanding under each Interim Facility B Loan
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000"><b>8.2</b></font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 0.5in"></td>
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">promptly upon becoming aware of the occurrence of that Rate Switch Trigger Event, notify the Company and the Interim Lenders of that
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">promptly upon becoming aware of the date of the Rate Switch Trigger Event Date applicable to that Rate Switch Trigger Event, notify the
            Company and the Interim Lenders of that date; and</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">promptly upon becoming aware of the Rate Switch Date for that Rate Switch Currency, notify the Company and the Interim Lenders of that date.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding anything to the contrary in any Interim Finance Document:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in respect of interest accruing on an Interim Loan denominated in US Dollars for an Interest Period, the Company may notify the Interim
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            USD Term Rate Loan for the applicable Interest Period for all purposes under the Interim Finance Documents); and</font></td>
      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if no such notification is given to the Interim Facility Agent in respect of an Interim Loan denominated in US Dollars for an Interest Period
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">8.3</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payment of interest</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The period for which each Interim Loan is outstanding shall be divided into successive interest periods (each, an <b><i>Interest Period</i></b>)
            (save that for each Interim Revolving Facility Loan there shall only be one Interest Period), each of which will start on the expiry of the previous Interest Period or, in the case of the first Interest Period for an Interim Facility B Loan (or
            the Interest Period for each Interim Revolving Facility Loan), on the relevant Drawdown Date.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower shall select an Interest Period of one (1), three (3) or six (6) months or any other period ending on the Termination Date (or
            any other period agreed with the Interim Facility Agent) in each Drawdown Request and (in relation to subsequent Interest Periods for the Interim Facility B Loans) thereafter no later than 11.00 a.m. one (1) Business Day prior to the last day
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If the Borrower does not select an Interest Period for an Interim Loan, the default Interest Period shall (subject to paragraph (e) below) be
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower must pay accrued interest on each Interim Loan made to it on the last day of each Interest Period in respect of that Interim Loan
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">enabling a Replacement Benchmark to be used for the calculation of interest under this Agreement (including, without limitation, any
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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            for the avoidance of doubt, the relevant Replacement Benchmark shall automatically be considered a then-prevailing market convention if it is consistent in all material respects with the benchmark rate, base rate or reference rate used in any
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Published Rate</i></b> means:</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(B)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      reimburse the Interim Facility Agent for all reasonable fees and disbursements of legal counsel (as appointed with the prior approval of the Company) properly incurred by the Interim Facility Agent in connection with any amendment or wavier requested
      by the Company pursuant to this Clause 8.6 (in each case subject always to limits as agreed from time to time). No member of the Group shall be required to pay any other fees, costs, expenses or other amounts relating to or arising in connection with
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">&#160;</p>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Interim Facility Agent will promptly give notice of that
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

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      <tr style="vertical-align: top">
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      </tr>

  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Interim Lender shall, as soon as reasonably practical, provide to the Company a certificate confirming the amount of any Break Costs
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1.5in"></td>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ensure that the Tax Deduction and any payment required in connection with it does not exceed the minimum amount required by law;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">19</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">make the Tax Deduction and any payment required in connection with such tax deduction within the time allowed by law; and</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(C)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">21</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">is compensated for by payment of an amount under Clause 10.1 (<i>Gross-up</i>);</font></td>
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  </table>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
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      </tr>

  </table>
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  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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      <tr style="vertical-align: top">
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      benefit attributable to that payment or the Tax giving rise to that payment, that Interim Finance Party and/or the applicable Affiliate shall pay to that Obligor within five (5) Business Days upon the utilisation of any Tax Credit or similar Tax
      benefit an amount which that Interim Finance Party determines (acting reasonably and in good faith), providing such evidence to the Obligor in respect of such amounts as the Obligor may reasonably request in writing, will leave such Interim Finance
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">and each Original Interim Lender shall also confirm that it is not
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a Qualifying Interim Lender by virtue of being a Treaty Interim Lender (on the assumption that all procedural formalities have been
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">such Interim Lender shall also confirm that it is not a
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If a New Interim Lender or Increase Lender fails to indicate its status in accordance with this Clause 10.5 then such New Interim Lender or
            Increase Lender (as applicable) shall be treated for the purposes of this Agreement (including by each Obligor) as if it is not a Qualifying Interim Lender until such time as it notifies the Interim Facility Agent which category applies (and
            the Interim Facility Agent, upon receipt of such notification, shall promptly inform the Obligors' Agent).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">23</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For the avoidance of doubt, a Transfer Certificate, Assignment Agreement or Increase Confirmation shall not be invalidated by any failure of
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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            imposed or with a minimum Tax Deduction under applicable law, shall notify the Interim Facility Agent and the Obligor promptly on completion of all such formalities.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">10.6</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Stamp Taxes</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(for the avoidance of doubt) any such Tax payable in respect of any transfer, assignment, novation, sub-participation, sub-contract or other
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">10.7</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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            constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies and accordingly, subject to paragraph (b) below if VAT is or becomes chargeable on
            any supply or supplies made by any Interim Finance Party to any party in connection with an Interim Finance Document: (i) if such Interim Finance Party is required to account to the relevant tax authority for the VAT, that party shall pay to
            the Interim Finance Party (in addition to and at the same time as paying the consideration for that supply or supplies) an amount equal to the amount of the VAT (upon such Interim Finance Party providing an appropriate VAT invoice to such
            party); or (ii) if such Party is required to directly account for such VAT under the reverse charge procedure provided for by any relevant VAT provisions of the jurisdiction in which such party receives such supply, then such Party shall
            account for the VAT at the appropriate rate (and the relevant Interim Finance Party must promptly provide an appropriate VAT invoice to such Party stating that the amount is charged in respect of a supply that is subject to VAT but that the
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in">
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          <p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif; color: #010000">(i)</font></p>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(where the Supplier is the person required to account to the relevant tax authority for the VAT) the Relevant Party must also pay to the
            Supplier (at the same time as paying that amount) an additional amount equal to the amount of the VAT. The Recipient must (where this paragraph (i) applies) promptly pay to the Relevant Party an amount equal to any credit or repayment the
            Recipient receives from the relevant tax authority which the Recipient determines (acting reasonably and in good faith) relates to the VAT chargeable on that supply; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(where the Recipient is the person required to account to the relevant tax authority for the VAT) the Relevant Party must promptly, following
            demand from the Recipient, pay to the Recipient an amount equal to the VAT chargeable on that supply but only to the extent that the Recipient determines (acting reasonably and in good faith) that it is not entitled to credit or repayment from
            the relevant tax authority in respect of that VAT.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Where an Interim Finance Document requires any party to reimburse or indemnify an Interim Finance Party for any costs or expenses, that party
            shall reimburse or indemnify (as the case may be) the Interim Finance Party against any VAT incurred by the Interim Finance Party in respect of the costs or expenses, to the extent that the Interim Finance Party determines (acting reasonably
            and in good faith) that neither it nor any group of which it is a member for VAT purposes is entitled to credit or receive repayment in respect of the VAT from the relevant tax authority.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any reference in Clause 10.7 to any party shall, at any time when such party is treated as a member of a group or fiscal unity for VAT
            purposes, include (where appropriate and unless the context otherwise requires) a reference to the person who is treated as making the supply or (as appropriate) receiving the supply under the grouping rules (as provided for in Article 11 of
            the Council Directive 2006/112/EC (or as implemented by the relevant member state of the European Union or any other similar provision in any jurisdiction which is not a member state of the European Union)) so that a reference to a party shall
            be construed as a reference to that party or the relevant group or unity (or fiscal unity) of which that party is a member for VAT purposes at the relevant time or the relevant member (or head) of that group or unity (or fiscal unity) at the
            relevant time (as the case may be).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In relation to any supply made by an Interim Finance Party to any party under an Interim Finance Document, if reasonably requested by such
            Interim Finance Party, that party must promptly provide such Interim Finance Party with details of that party's VAT registration and such other information as is reasonably requested in connection with such Interim Finance Party's VAT reporting
            requirements in relation to such supply.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">25</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">10.8</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to paragraph (c) below, each Party shall, within ten (10) Business Days of a reasonable request by another Party:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">confirm to that other Party whether it is:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(A)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a FATCA Exempt Party; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(B)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">not a FATCA Exempt Party;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">supply to that other Party such forms, documentation and other information relating to its status under FATCA as that other Party reasonably
            requests for the purposes of that other Party's compliance with FATCA; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">supply to that other Party such forms, documentation and other information relating to its status as that other Party reasonably requests for
            the purposes of that other Party's compliance with any other law, regulation or exchange of information regime.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If a Party confirms to another Party pursuant to paragraph (a)(i) above that it is a FATCA Exempt Party and it subsequently becomes aware that
            it is not, or has ceased to be a FATCA Exempt Party, that Party shall notify that other Party reasonably promptly.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paragraph (a) above shall not oblige any Party to do anything, which would or might in its reasonable opinion constitute a breach of:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any law or regulation;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any fiduciary duty; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any duty of confidentiality.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If a Party fails to confirm whether or not it is a FATCA Exempt Party or to supply forms, documentation or other information requested in
            accordance with paragraphs (a)(i) or (a)(ii) above (including, for the avoidance of doubt, where paragraph (c) above applies), then such Party shall be treated for the purposes of the Interim Finance Documents (and payments under them) as if it
            is not a FATCA Exempt Party until such time as the Party in question provides the requested confirmation, forms, documentation or other information.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">10.9</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">FATCA Deduction</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">11.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      participation (if any) in each Interim Utilisation for cash at par plus all accrued but unpaid interest thereon to another bank, financial institution or other person nominated for such purpose by the Obligors' Agent).</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Interim Finance Party will be obliged to take any such steps or action if to do so is likely in its opinion (acting in good faith) to be
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Obligors' Agent shall (or shall procure that another Group Company will), within five (5) Business Days of demand by the relevant Interim
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">29</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">11.3</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Illegality</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If it is or will become unlawful in any applicable jurisdiction
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">that Interim Finance Party shall promptly so notify the Interim Facility Agent and the Obligors' Agent upon becoming aware of that event; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">following such notification, the Obligors' Agent shall (or shall procure that a Group Company will) prepay that Interim Finance Party's
            participation in all outstandings under the relevant Interim Facility (together with any related accrued interest) and pay (or procure payment of) all other amounts due to that Interim Finance Party under the Interim Finance Documents and that
            Interim Finance Party's Interim Commitment will be cancelled, in each case, to the extent necessary to cure the relevant illegality and, on the date specified by that Interim Finance Party in such notice (being the last Business Day immediately
            prior to the illegality taking effect or the latest date otherwise allowed by the relevant law (taking into account any applicable grace period)) unless otherwise agreed or required by the Obligors' Agent, <b>provided that</b> on or prior to
            such date the Obligors' Agent shall have the right to require that Interim Lender to transfer its Interim Commitments and participation in each Interim Utilisation to another bank, financial institution or other person nominated for such
            purpose by the Obligors' Agent which has agreed to purchase such rights and obligations at par plus accrued interest.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">12.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payments</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">12.1</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Place</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless otherwise specified in an Interim Finance Document, on each date on which payment is to be made by any Party (other than the Interim
            Facility Agent) under an Interim Finance Document, such Party shall pay, in the required currency, the amount required to the Interim Facility Agent, for value on the due date at such time and in such funds as the Interim Facility Agent may
            specify to the Party concerned as being customary at that time for settlement of transactions in the relevant currency in the place of payment. All such payments shall be made to the account specified by the Interim Facility Agent for that
            purpose in the principal financial centre of the country of the relevant currency (or in relation to Euro and US Dollars, London).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each payment received by the Interim Facility Agent under the Interim Finance Documents for another Party shall, subject to paragraphs (c) and
            (d) below and to Clause 12.3 (<i>Assumed receipt</i>), be made available by the Interim Facility Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of an Interim
            Lender, for the account of its Facility Office), to such account as that Party may notify to the Interim Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that
            currency (or, in relation to Euro and US Dollars, London).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facility Agent may with the consent of the Obligors' Agent (or in accordance with Clause 19 (<i>Set-Off</i>)) apply any amount
            received by it for the Borrower in or towards payment (as soon as practicable after receipt) of any amount then due and payable by the Borrower under the Interim Finance Documents or in or towards purchase of any amount of any currency to be so
            applied.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Agent may deduct from any amount received by it for another Party any amount due to such Agent from that other Party but unpaid and apply
            the amount deducted in payment of the unpaid debt owed to it.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">12.2</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Currency of payment</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to paragraphs (b) to (e) (inclusive) below, US Dollars is the currency of account and payment of any sum due from an Obligor under any
            Interim Finance Documents shall be made in US Dollars.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes were incurred.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each repayment of an Interim Utilisation or overdue amount or payment of interest thereon shall be made in the currency of the Interim
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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            Facility Agent of funding that amount for the period from payment by the Interim Facility Agent until refund to the Interim Facility Agent of that amount), <b>provided that</b> no Obligor will have any obligation to refund any such amount
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">31</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">12.4</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any reference in any Interim Finance Document to, and any obligations arising under any Interim Finance Document in, the currency of that
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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            The Interim Facility Agent will notify the other Parties to the relevant Interim Finance Documents of any such amendment, which shall be binding on all the Parties.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">32</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000"><b>12.7</b></font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">If the Interim Facility Agent receives a payment that is insufficient to discharge all amounts then due and payable by an Obligor under any Interim Finance
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">first, in payment pro rata of any fees, costs and expenses of the Agents and the Arranger due but unpaid;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">second, in payment pro rata of any fees, costs and expenses of the Interim Lenders due but unpaid;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">third, in payment pro rata of any accrued interest in respect of the Interim Facilities due but unpaid;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">fourth, in payment pro rata of any principal due but unpaid under the Interim Facilities and any amount due but unpaid under paragraph 7 (<i>Indemnities</i>)
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(v)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">fifth, in payment pro rata of any other amounts due but unpaid under the Interim Finance Documents to the extent such sum constitutes Interim
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vi)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the balance, if any, in payment to the relevant Obligor.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facility Agent shall if directed by all the Interim Lenders, vary the order set out in sub-paragraphs (a)(ii) to (a)(v) inclusive
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">33</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower shall pay (or procure there is paid) to the Interim Facility Agent, for the account of each Interim Revolving Facility Lender
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            Commitment under the Interim Revolving Facility for the period commencing on (and including) the Interim Closing Date and ending on the last day of the Interim Revolving Facility Availability Period.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No commitment fee is payable to the Interim Facility Agent (for the account of an Interim Revolving Facility Lender) on any Available Interim
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No accrued commitment fee shall be payable if the Interim Closing Date does not occur.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">13.5</font></td>
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      </tr>

  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower shall (or shall procure that another Group Company
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">34</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding anything to the contrary in any Interim Finance
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">no fees, costs, expenses or other amount shall be payable by any Group Company to any Interim Finance Party under any Interim Finance Document
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">14.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">35</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      </tr>

  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any amount payable by an Obligor under or in connection with any Interim Finance Document is received by any Interim Finance Party (or by an
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">14.3</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Obligors' Agent shall (or shall procure that another Group
      Company will) within ten (10) Business Days of demand (which demand must be accompanied by reasonable details and calculations of the amount demanded), indemnify the Interim Facility Agent against any cost, loss or liability incurred by the Interim
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">investigating any event which it reasonably believes is a Major Event of Default (<b>provided that</b>, if after doing so it is established
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">except where the cost, loss or liability incurred by the Interim Facility Agent is
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">14.4</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indemnity to the Interim Security Agent</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Obligors' Agent shall (or shall procure that another Group Company will) within ten (10) Business Days of demand (which demand must be
            accompanied by reasonable details and calculations of the amount demanded), indemnify the Interim Security Agent and every Receiver and Delegate against any cost, loss or liability incurred by the Interim Security Agent, Receiver or Delegate
            (acting reasonably) as a result of:</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the taking, holding, protection or enforcement of the Interim Security;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any default by any Obligor in the performance of any of the obligations expressed to be assumed by it in the Interim Finance Documents,</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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            Finance Parties, indemnify itself out of the Charged Property over which it holds Interim Security in respect of, and pay and retain, all sums necessary to give effect to the indemnity in this Clause 14.4 and shall have a lien on the Interim
            Security held by it and the proceeds of the enforcement of the Interim Security held by it for all moneys payable to it.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">37</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000"><b>14.5</b></font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The Obligors' Agent shall (or shall procure that another Group Company will) within ten (10) Business Days of demand indemnify and hold harmless the Interim
            Security Agent and any of their respective Affiliates and any of their directors, officers, agents, advisers and employees (as applicable) (each an <b><i>Indemnified Person</i></b>) against any cost, expense, loss, liability (including, except
            as specified below, reasonably incurred legal fees and limited, in the case of legal fees and expenses, to one counsel to such Indemnified Persons taken as a whole and in the case of a conflict of interest, one additional counsel to the
            affected Indemnified Persons similarly situated, taken as a whole and, if reasonably necessary one local counsel in any relevant jurisdiction) incurred by or awarded against such Indemnified Person in each case arising out of or in connection
            with any action, claim, investigation or proceeding (including any action, claim, investigation or proceeding to preserve or enforce rights), commenced or threatened, relating to this Agreement, the Interim Facilities or any Acquisition or the
            use or proposed use of proceeds of the Interim Facilities (except to the extent such cost, expense, loss or liability resulted (x) directly from fraud, the gross negligence or wilful misconduct of such Indemnified Person or results from such
            Indemnified Person breaching a term of or any of its obligations under this Agreement, the Interim Finance Documents, or the Commitment Letter or any confidentiality undertaking given by that Indemnified Person or (y) from or relates to any
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      </tr>

  </table>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">does not settle any such claim, action or proceeding without the Obligors' Agent's prior written consent (such consent not to be unreasonably
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Indemnified Person shall be responsible or have any liability to the Obligors' Agent or any of its Affiliates or anyone else for
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">38</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(g)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">15.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">16.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Security and Guarantee</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">16.1</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Responsibility</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Security Agent is not liable or responsible to any
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any failure in perfecting or protecting the Security Interest created by any Interim Security Document; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">16.2</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      may allow any bank providing safe custody services or any professional adviser to the Interim Security Agent to retain any of those documents in its possession.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">16.3</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">invested in the name of, or under the control of, the Interim Security Agent in any investment for the time being authorised by English law
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">placed on deposit in the name of, or under the control of, the Interim Security Agent at such bank or institution (including any other Interim
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">16.4</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conflict with Interim Security Documents</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If there is any conflict between the provisions of this
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">39</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">16.5</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Enforcement of Interim Security Documents</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
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  </table>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if that asset comprises all of the shares in the capital of any Group Company (or any direct or indirect holding company of any Group
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1.5in"></td>
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            the Subordinated Shareholder Documents (both actual and contingent and including any liability to any other Group Company under the Interim Finance Documents or the Subordinated Shareholder Documents by way of contribution or indemnity) and a
            release of all Security Interests granted by that Group Company and its Subsidiaries under the Interim Security Documents; or</font></td>
      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(B)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in respect of a disposal under paragraph (a)(i) above only, a disposal of all or any part of the present and future liabilities of that Group
            Company and its respective Subsidiaries under the Interim Finance Documents or the Subordinated Shareholder Documents (both actual and contingent and including any liability to any other Group Company under the Interim Finance Documents or the
            Subordinated Shareholder Documents by way of contribution or indemnity) owed by that Group Company and its respective Subsidiaries.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If the Majority Interim Lenders instruct the Interim Security Agent to effect any of the releases or disposals in circumstances permitted
            under paragraph (b) above, each Interim Finance Party and the relevant Obligor must promptly execute (at the cost of the Obligors' Agent) any document which is reasonably required to achieve that release or disposal. Each Obligor irrevocably
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">16.8</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to the limitations set out in each guarantee and notwithstanding any other provision of this Agreement, each Obligor hereby
            irrevocably and unconditionally undertakes to pay to the Interim Security Agent, as creditor in its own right and not as representative or trustee of the other Interim Finance Parties, sums equal to and in the currency of each amount payable by
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Security Agent shall hold the claims against the Obligors under the parallel debt structure in this Clause 16.8 in accordance with
            Clause 17.10 (<i>Role of the Interim Security Agent</i>). The Interim Security Agent shall distribute any amount received under the parallel debt claims in this Clause 16.8 among the Interim Finance Parties in accordance with the provisions of
            this Agreement.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">41</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Security Agent shall have its own independent right to demand payment of the amounts payable by an Obligor under this Clause 16.8,
            irrespective of any discharge of that Obligor's obligation to pay those amounts to the other Interim Finance Parties resulting from failure by them to take appropriate steps, in insolvency proceedings affecting that Obligor, to preserve their
            entitlement to be paid those amounts, <b>provided that</b>:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in">
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          <p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif; color: #010000">(i)</font></p>
        </td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(A)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(B)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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            Interim Finance Parties have received payment of the corresponding amount under the other provisions of the Interim Finance Documents and any amount due and payable by an Obligor to the other Interim Finance Parties under those provisions shall
            be decreased to the extent that the Interim Security Agent has received payment of the corresponding amount under this Clause 16.8.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">17.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to act as its agent under and in connection with the Interim Finance Documents (and in the case of the Interim Security Agent to act as its
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      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to execute and deliver such of the Interim Finance Documents and any other document related to the Interim Finance Documents as are expressed
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to perform the duties and to exercise the rights, powers and discretions which are specifically delegated to such Agent by the terms of the
            Interim Finance Documents, together with all other incidental rights, powers and discretions.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(other than the Interim Facility Agent, the Interim Security Agent and the Arranger) irrevocably authorises and appoints, severally, each of
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            connection with any of the Interim Finance Documents or any related transactions and to bind such Interim Finance Party in respect of the addressing or reliance or limitation of liability of any person under any such report, certificate or
            letter; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">accepts the terms and any limitation of liability or qualification in the reports or any reliance, non-reliance, hold harmless or engagement
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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            in the Interim Finance Documents, no Agent shall:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Neither Agent is authorised to act on behalf of an Interim Finance Party in any legal or arbitration proceedings relating to any Interim
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">17.2</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Agents' duties</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Agent will only have those duties which are expressly specified in the Interim Finance Documents. The duties of the Agents are solely of
            a mechanical and administrative nature.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Agent shall, subject to any terms of this Agreement which require the consent of all the Interim Lenders or of any particular Interim
            Finance Party:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">act or refrain from acting in accordance with any instructions from the Majority Interim Lenders and any such instructions shall be binding on
            all the Interim Finance Parties; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
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      </tr>

  </table>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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            Interim Finance Party or other person) which would or might in its opinion breach any law, regulation, court judgment or order or any confidentiality obligation, or otherwise render it liable to any person, and it may do anything which is in
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">44</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">assume that no Major Event of Default has occurred, unless it has received notice from another Party stating that a Major Event of Default has
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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            case of the Interim Facility Agent, in connection with determining any consent level required to effect any amendment, waiver or consent in respect of an Interim Finance Document in accordance with Clause 27 (<i>Amendments and Waivers</i>));</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(j)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">deposit any title deeds, transfer documents, share certificates, Interim Security Documents or any other documents in connection with any of
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            advisers (each, a <b><i>custodian</i></b>) and it shall not be responsible or liable for or be required to insure against any loss incurred in connection with any such deposit or the misconduct or default of any such custodian and it may pay
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">17.4</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any representation, warranty, statement or information (written or oral) made in or given in connection with any report, any Interim Finance
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">45</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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            Interim Finance Document or any agreement or document entered into or delivered in connection therewith;</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">responsible for any shortfall which arises on the enforcement or realisation of the Interim Security;</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">46</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each of the Agents and the Arranger may:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">retain for its own benefit and without liability to account to any other person any fee, profit or other amount received by it for its own
            account under or in connection with the Interim Finance Documents or any of the activities referred to in paragraph (ii) below; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">accept deposits from, lend money to, provide any advisory, trust or other services to or engage in any kind of banking or other business with
            the Obligors' Agent or any other Group Company (or Affiliate of the Obligors' Agent or any other Group Company) or other Party (and, in each case, may do so without liability to account to any other person).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Except as otherwise expressly provided in this Agreement, no Arranger in its capacity as such has any obligation or duty of any kind to any
            other Party under or in connection with any Interim Finance Document.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">17.6</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Communications and information</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">All communications to the Obligors' Agent (or any Affiliate of the Obligors' Agent) under or in connection with the Interim Finance Documents
            are, unless otherwise specified in the relevant Interim Finance Document, to be made by or through the Interim Facility Agent. Each Interim Finance Party will notify the Interim Facility Agent of, and provide the Interim Facility Agent with a
            copy of, any communication between that Interim Finance Party and the Obligors' Agent (or Affiliate of the Obligors' Agent) on any matter concerning the Interim Facility or the Interim Finance Documents.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Agent will be obliged to transmit to or notify any other Interim Finance Party of any information relating to any Party which that Agent
            has or may acquire otherwise than in connection with the Interim Facility or the Interim Finance Documents.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In acting as agent for the Interim Lenders, each Agent's agency division will be treated as a separate entity from any of its other divisions
            or department (the <b><i>Other Divisions</i></b>). Any information relating to any Group Company acquired by any of the Other Divisions of an Agent or which in the opinion of that Agent is acquired by it otherwise than in its capacity as Agent
            under the Interim Finance Documents may be treated by it as confidential and will not be treated as information available to the other Interim Finance Parties.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">47</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000"><b>17.7</b></font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Each other Interim Finance Party confirms that it has made (and will continue to make) its own independent investigation and appraisal of the assets, business,
            financial condition and creditworthiness of the Group and the Target Group and of any risks arising under or in connection with any Interim Finance Document, and has not relied, and will not at any time rely, on any Arranger or any Agent:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in">
          <p style="margin-top: 0; margin-bottom: 0"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></p>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to assess the adequacy, accuracy or completeness of any information (whether oral or written) provided by or on behalf of the Obligors' Agent
            or any Group Company or any member of the Target Group under or in connection with any Interim Finance Document (whether or not that information has been or is at any time circulated to it by an Arranger or an Agent), or any document delivered
            pursuant thereto;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to assess whether that Interim Finance Party has recourse, and the nature and extent of that recourse, against any Party or any of its
            respective assets under or in connection with any Interim Finance Document;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to assess the assets, business, financial condition or creditworthiness of an Obligor, any Group Company, the Target Group or any other
            person; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to assess the validity, legality, adequacy, accuracy, completeness, enforceability or admissibility in evidence of any Transaction Document or
            any document delivered pursuant thereto.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Clause 17.7 is without prejudice to the responsibility of each Obligor for the information supplied by it or on its behalf under or in
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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            any claim it may have against that Agent or in respect of any act or omission by that officer, delegate, employee or agent in connection with any Interim Finance Document. Any officer, delegate, employee or agent of an Agent may rely on this
            Clause 17.7 in accordance with the Contracts (Rights of Third Parties) Act 1999.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Agent will be liable for any delay (or any related consequences) in crediting an account with an amount required under the Interim Finance
            Documents to be paid by that Agent if that Agent has taken all necessary steps as soon as reasonably practicable to comply with the regulations or operating procedures of any recognised clearing or settlement system used by that Agent for that
            purpose.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">48</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">that Interim Lender's participation in the outstanding Interim Loan bears to the outstanding Interim Loan at the time of demand; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if there is no outstanding Interim Loan at that time, that Interim Lender's Interim Commitment bears to the Total Interim Commitments at that
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if the Total Interim Commitments have been cancelled, that Interim Lender's Interim Commitment bore to the Total Interim Commitments
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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            Documents.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Security Agent declares that it shall hold the Interim Security on trust for itself and the other Interim Finance Parties on the
            terms contained in this Agreement and shall administer the Interim Security Documents for itself and the other Interim Finance Parties and will apply all payments and other benefits received by it under the Interim Security Documents in
            accordance with the Interim Finance Documents.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each of the Parties agrees that the Interim Security Agent shall have only those duties, obligations and responsibilities expressly specified
            in this Agreement or in the Interim Security Documents to which the Interim Security Agent is expressed to be a party (and no others shall be implied).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Interim Finance Party hereby authorises the Interim Security Agent (whether or not by or through employees or agents):</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to exercise such rights, remedies, powers and discretions as are specifically delegated to or conferred upon the Interim Security Agent under
            the Interim Security Document together with such powers and discretions as are reasonably incidental thereto; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to take such action on its behalf as may from time to time be authorised under or in accordance with the Interim Security Documents.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Security Agent shall not be liable for any failure, omission or defect in registering, protecting or perfecting any Security
            Interest constituted, created or evidenced by any Interim Security Document.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Security Agent has no duty or obligation to require the deposit with it of, or to hold, any title deeds, share certificates,
            transfer documents or other documents in connection with any asset charged or encumbered or purported to be charged or encumbered under any Interim Security Document.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">49</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Interim Finance Party confirms its approval of each Interim Security Document and authorises and directs the Interim Security Agent (by
            itself or by such person(s) as it may nominate) to execute and enforce the same as trustee (or agent) or as otherwise provided.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(g)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">It is agreed that, in relation to any jurisdiction the courts of which would not recognise or give effect to the trust expressed to be created
            by this Agreement, the relationship of the Interim Finance Parties to the Interim Security Agent shall be construed as one of principal and agent but, to the extent permissible under the laws of such jurisdiction, that all the other provisions
            of this Agreement shall have full force and effect between the parties hereto.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">18.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pro Rata Payments</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">18.1</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Recoveries</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to Clause 18.3 (<i>Exceptions to sharing</i>), if any
      amount owing by any Obligor under any Interim Finance Document to an Interim Lender (the <b><i>Recovering Interim Lender</i></b>) is discharged by payment, set-off or any other manner other than through the Interim Facility Agent in accordance with
      Clause 12 (<i>Payments</i>) (the amount so discharged being a <b><i>Recovery</i></b>), then:</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">within three (3) Business Days of receipt of the Recovery, the Recovering Interim Lender shall notify details of such Recovery to the Interim
            Facility Agent;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Interim Facility Agent shall determine whether the amount of the Recovery is in excess of the amount which such Recovering Interim Lender
            should have received had such amount been paid to the Interim Facility Agent under Clause 12 (<i>Payments</i>) without taking account of any Tax which would have been imposed on the Interim Facility Agent in relation to the Recovery (any such
            excess amount being the <b><i>Excess Recovery</i></b>);</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">within three (3) Business Days of demand, the Recovering Interim Lender shall pay to the Interim Facility Agent an amount equal to the Excess
            Recovery;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Interim Facility Agent shall treat that payment as if it was a payment made by the relevant Obligor to the Interim Lenders under Clause 12
            (<i>Payments</i>) and distribute it to the Interim Lenders (other than the Recovering Interim Lender) accordingly; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">on a distribution by the Interim Facility Agent under paragraph (d) above of any payment received by a Recovering Interim Lender from an
            Obligor as between the relevant Obligor and the Recovering Interim Lender, the amount of the Excess Recovery shall be treated as not having been paid and (without double counting) that Obligor will owe the Recovering Interim Lender a debt
            (immediately due and payable) in an amount equal to the Excess Recovery.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">50</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">18.2</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notification of Recovery</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      Recovering Interim Lender after it has paid any amount to the Interim Facility Agent under paragraph (c) of Clause 18.1 (<i>Recoveries</i>), each Interim Lender to which any part of the Excess Recovery (or amount in respect of it) was distributed
      will, on request from the Recovering Interim Lender, pay to the Recovering Interim Lender that Interim Lender's pro rata share of the amount (including any related interest) which has to be refunded by the Recovering Interim Lender.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">18.3</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exceptions to sharing</font></td>
      </tr>

  </table>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">which it receives as a result of legal proceedings taken by it to recover any amounts owing to it under the Interim Finance Documents, which
            proceedings have been notified to the other Interim Finance Parties and where the Interim Lender concerned had a right and opportunity to, but does not, either join in those proceedings or promptly after receiving notice commence and diligently
            pursue separate proceedings to enforce its rights in the same or another court.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">20.</font></td>
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      </tr>

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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">20.1</font></td>
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      </tr>

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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">51</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The address and email address of each Party (and person for whose attention the Notice is to be sent) for the purposes of Notices given under
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">52</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">53</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">54</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      it, the Obligors must promptly on the request of any Interim Finance Party supply to that Interim Finance Party any documentation or other evidence which is reasonably requested by that Interim Finance Party (whether for itself, on behalf of any
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">23.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      </tr>

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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">55</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to the extent permitted by law as soon as reasonably practicable after becoming aware of them supply to the Interim Facility Agent reasonable
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">56</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to the extent Bidco owns and controls not less than 90% of the voting rights of all members of Target to which the Offer relates, use its
            commercially reasonable endeavours to (1) give notice to all other holders of Target Shares that it intends to acquire all their Target Shares pursuant to the Squeeze-Out and (2) subsequently purchase such Target Shares on or before the latest
            date on which a Squeeze-out may be completed in accordance with Chapter 3 of Part 28 of the Act; and</font></td>
      </tr>

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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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            pursuant to Section 97 of the Act after completion of the Acquisition.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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            to the Interim Facility Agent referred to in paragraph 4(c) of Schedule 3 (<i>Conditions Precedent</i>) in any manner which would be reasonably expected to be materially adverse to the interests of the Interim Lenders under this Agreement or
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">57</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">24.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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            benefits, or transfer by novation or sub-participate any of its rights or benefits and obligations under or by reference to any Interim Finance Document to another bank or financial institution or to a trust, fund or other entity which is
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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            Certain Funds Period (for the avoidance of doubt, free of any agreement or understanding pursuant to which it is required to or will consult with any other person in relation to the exercise of any such rights and/or obligations).</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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            Obligors' Agent (in its sole and absolute discretion) or if:</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">each Interim Finance Party retains exclusive control over all rights and obligations in relation to its Interim Commitments and the Interim
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">60</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">24.4</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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            Finance Documents and in respect of the Interim Security and their respective rights against one another under the Interim Finance Documents and in respect of the Interim Security shall be cancelled (being the <b><i>Discharged Rights and
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      </tr>

  </table>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
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        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If any assignment, transfer, sub-participation or other syndication of any rights, benefits and/or obligations under or by reference to the
            Interim Finance Documents in accordance with Clause 24.2 (<i>Transfers by Interim Lenders</i>) is executed in breach of the provisions contemplated in this Clause 24, such assignment, transfer or sub-participation, shall be void and deemed not
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to the condition set out in paragraph (b) of Clause 24.2 (<i>Transfers by Interim Lenders</i>), an assignment may be effected in
            accordance with paragraph (c) below when the Interim Facility Agent executes an otherwise duly completed Assignment Agreement delivered to it by the Existing Interim Lender and the New Interim Lender. The Interim Facility Agent shall, subject
            to paragraph (b) below, as soon as reasonably practicable after receipt by it of a duly completed Assignment Agreement appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facility Agent shall only be obliged to execute an Assignment Agreement delivered to it by the Existing Interim Lender and the New
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Existing Interim Lender will assign absolutely to the New Interim Lender its rights under the Interim Finance Documents and in respect of
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">subject to paragraph (b) of Clause 24.2, the Existing Interim Lender will be released from the obligations (the <b><i>Relevant Obligations</i></b>)
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">62</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">24.6</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Register</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facility Agent, acting for this purpose as the agent of the Obligors, shall maintain at its address:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">each Transfer Certificate referred to in Clause 24.4 (<i>Procedure for transfer</i>) and each Assignment Agreement referred to in Clause 24.5
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">with respect to each Interim Loan, a register for the recording of the names and addresses of the Interim Lenders (and any assignment or
            participation thereof) and the Interim Commitment of, and principal amount owing to, each Interim Lender from time to time (the <b><i>Register</i></b>) under such Interim Loan, which may be kept in electronic form.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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            Agent and the Interim Lenders shall treat each person whose name is recorded in the Register as an Interim Lender hereunder for all purposes of this Agreement. The Interim Facility Agent shall provide each Obligor with a copy of the Register
            within five (5) Business Days of request. The Register is intended to comply with the requirements for obligations in registered form under Section 5f.103-1(c) of the United States Treasury Regulations (or proposed Treasury Regulations 1.163-5
            once finalised) and the provisions of this Clause 24.6 shall be interpreted accordingly.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Party to this Agreement irrevocably authorises the Interim Facility Agent to make the relevant entry in the Register (and which the
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facility Agent shall, upon request by an Existing Interim Lender (as defined in paragraph (a) of Clause 24.2 (<i>Transfers by
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">24.7</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Copy of Transfer Certificate or Assignment Agreement to Obligors' Agent</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">63</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000"><b>24.8</b></font></td>
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  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">25.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">oblige any Interim Finance Party to investigate or claim any credit, relief, remission or repayment available to it or to the extent, order
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">27.</font></td>
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">64</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">65</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Without prejudice to the Interim Facility Agent's right to seek instruction from the Interim Lenders from time to time, this Agreement and any
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to correct or cure ambiguities, errors, omissions, defects;</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to fix incorrect cross references or similar inaccuracies in this Agreement or the applicable Interim Finance Document.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">27.3</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If an Interim Lender does not either accept or reject a request
      from a Group Company (or the Interim Facility Agent on behalf of that Group Company) for any consent or agreement in relation to a release, waiver or amendment of any provisions of the Interim Finance Documents or other vote of Interim Lenders under
      the terms of the Interim Finance Documents within ten (10) Business Days (or any other period of time specified by that Group Company but, if shorter than ten (10) Business Days, as agreed by the Interim Facility Agent) of the date of such request
      being made, then that Interim Lender shall be automatically excluded from participating in that vote and its participations, Interim Commitments and vote (as the case may be) shall not be included (or, as applicable, required) with the Total Interim
      Commitments or otherwise when ascertaining whether the approval of Majority Interim Lenders, all Interim Lenders, or any other class of Interim Lenders (as applicable) has been obtained with respect to that request for a consent or agreement and its
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">27.4</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insofar as any amendment, waiver, determination, declaration,
      decision (including a decision to accelerate) or direction (each a <b><i>Relevant Measure</i></b>) in respect of the Sanctions Provisions concerns, is referred to or otherwise relates to any Sanctions, Sanctioned Country and/or Sanctioned Persons, a
      Restricted Finance Party may in its absolute discretion (but shall be under no obligation to) notify in writing to the Interim Facility Agent that it does have, in the given circumstances, the benefit of the provision in respect of which the Relevant
      Measure is sought. The Interim Commitments of each Interim Lender that is a Restricted Finance Party that has not notified the Interim Facility Agent to that effect under this paragraph and the vote of any other Restricted Finance Party which would
      be required to vote in accordance with the provisions of this Agreement and that has not notified the Interim Facility Agent to that effect under this paragraph will be excluded for the purpose of determining whether the consent of the requisite
      Interim Finance Parties to approve such Relevant Measure has been obtained or whether the Relevant Measure by the requisite Interim Finance Parties has been made.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">66</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">28.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Miscellaneous</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">28.1</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partial invalidity</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If any provision of the Interim Finance Documents is or becomes
      illegal, invalid or unenforceable in any jurisdiction that shall not affect the legality, validity or enforceability in that jurisdiction of any other term of the Interim Finance Documents or the legality, validity or enforceability in other
      jurisdictions of that or any other term of the Interim Finance Documents.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">28.2</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Counterparts</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Agreement may be executed in any number of counterparts and
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">28.3</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Remedies and waivers</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No failure to exercise, nor any delay in exercising, on the part
      of any Interim Finance Party, any right or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right or remedy prevent any further or other exercise thereof or the exercise of any other right or remedy.
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">28.4</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Complete agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Finance Documents contain the complete agreement
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">28.5</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No representations by Interim Finance Parties</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Interim Finance Party is liable to any Obligor for any
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">28.6</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless expressly provided to the contrary in an Interim Finance Document, a person who is not a party to an Interim Finance Document may not
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding any term of any Interim Finance Document, the consent of any person who is not a Party is not required to rescind or vary this
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">67</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">29.</font></td>
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      </tr>

  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Agreement (and any non-contractual obligations arising out
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">30.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jurisdiction</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">68</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">69</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Part I</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Acquisition Documents </i></b>means

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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Agent </i></b>means the
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72</font></td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in relation to any proposed Interim Utilisation under that Interim Revolving Facility, the Base Currency Amount of its participation in any
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For the purposes of calculating a Lender's Available
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a letter of credit, substantially in the form set out in Schedule 10 (<i>Form of Bank Guarantee</i>) or in any other form requested by an
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Bank Guarantee Request</i></b>
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        aux collectivit&#233;s territoriales </i>as set out by Article 235 ter ZE bis of the French <i>Code G&#233;n&#233;ral des imp&#244;ts</i>, the German bank levy as set out in the German Restructuring Fund Act 2010 (<i>Restrukturierungsfondsgesetz</i>) (as amended),
      the Dutch <i>bankenbelasting</i> as set out in the bank levy act (<i>Wet bankenbelasting</i>), the Swedish bank levy as set out in the Swedish Act on State Support to Credit Institutions (Sw. lag (2008:814) (<i>lag om statligt st&#246;d till
        kreditinstitut</i>), the Spanish bank levy (<i>Impuesto sobre los Dep&#243;sitos en las Entidades de Cr&#233;dito</i>) as set out in the Law 16/2012 of 27 December 2012 and/or any other levy or tax in any jurisdiction levied on a similar basis or for a
      similar purpose or any financial activities taxes (or other taxes) of a kind contemplated in the European Commission consultation paper on financial sector taxation dated 22 February 2011 or the Single Resolution Mechanism established by EU
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">73</font></td>
        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Base Currency</i></b> means US
      Dollars.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Base Currency Amount </i></b>means,

      in relation to any Interim Utilisation for any amount in the Base Currency, the amount specified in the Drawdown Request or, as applicable, Bank Guarantee Request for that Interim Utilisation (or, if the amount requested is an Interim Revolving
      Facility Utilisation that is not denominated in the Base Currency, that amount converted into the Base Currency at the Interim Facility Agent's Spot Rate of Exchange on the date which is three (3) Business Days before the Drawdown Date or, if later,
      on the date the Interim Facility Agent receives the Drawdown Request or, as applicable, Bank Guarantee Request), as adjusted to reflect any repayment or prepayment under this Agreement.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Base Rate</i></b> means, in
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the applicable Screen Rate; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">no Screen Rate is available for the Interest Period of that Term Rate Loan; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Reference Bank Rate,</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      and (c) above, the Specified Time on the Quotation Day for the offering of deposits in the currency of that Term Rate Loan for a period equal in length to the Interest Period of that Term Rate Loan (provided that, if that rate is less than zero, the
      Base Rate shall be deemed to be zero).</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">74</font></td>
        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Break Costs</i></b> means:</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in respect of a Term Rate Loan (other than a USD Term Rate Loan), the amount (if any) by which:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      <tr>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">78</font></td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>EURIBOR </i></b>means, in
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>FATCA Application Date</i></b>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in relation to a ''withholdable payment'' described in section 1473(1)(A)(i) of the US Code (which relates to payments of interest and certain
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </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>
        <td style="width: 50%">&#160;</td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Fraudulent Transfer Law</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Facility B </i></b>has

      the meaning given to that term in paragraph (a) of Clause 2.1 (<i>The Interim Facilities</i>).</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Facility B Commitment</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in relation to each Original Interim Lender, the amount of Interim Facility B set opposite its name under the heading "<i>Interim Facility B
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              and Replacement of Interim Finance Parties</i>) and paragraph 2 (<i>Increase</i>) of Part III (<i>Replacement of an Interim Lender / Increase</i>) of Schedule 6 (<i>Impairment and Replacement of Interim Finance Parties</i>); and</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to the extent not cancelled, reduced or transferred by
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Facility B Loan </i></b>means

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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Fee Letter</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Finance Documents</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Finance Parties</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Lender</i></b> means:</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">an Original Interim Lender; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any other bank or financial institution, trust, fund or other entity which is regularly engaged in or established for the purpose of making,
            purchasing or investing in loans, securities or other financial assets or other person which has become a Party as an Interim Lender pursuant to Clause 24 (<i>Changes to Parties</i>) or paragraph 2 (<i>Increase</i>) of Part III (<i>Replacement
              of an Interim Lender / Increase</i>) of Schedule 6 (<i>Impairment and Replacement of Interim Finance Parties</i>),</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">which, in each case, has not ceased
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Liabilities</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Loan</i></b> means an
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Revolving Facility </i></b>has

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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Revolving Facility
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Revolving Facility
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in relation to each Original Interim Lender, the amount of the Interim Revolving Facility set opposite its name under the heading ''<i>Interim
              Revolving Facility Commitment</i>'' in Schedule 11 (<i>The Original Interim Lenders</i>) and the amount of any other Interim Revolving Facility Commitment transferred to it pursuant to Clause 24 (<i>Changes to Parties</i>) or assumed by it in
            accordance with Clause 25 (<i>Impairment and Replacement of Interim Finance Parties</i>) and paragraph 2 (<i>Increase</i>) of Part III (<i>Replacement of an Interim Lender / Increase</i>) of Schedule 6 (<i>Impairment and Replacement of Interim
              Finance Parties</i>); and</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">82</font></td>
        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in respect of any other Interim Lender, the amount transferred to it in respect of the Interim Revolving Facility pursuant to Clause 24 (<i>Changes


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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to the extent not cancelled, reduced or transferred by
      it under this Agreement.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Revolving Facility
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Revolving Facility
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Revolving Facility
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Security</i></b> means
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Security Document</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Term Loan Facility</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Term Loan Facility
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Utilisation</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Interim Utilisation Date</i></b>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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      <tr>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">89</font></td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in relation to any Base Rate, as the rate at which the relevant Reference Bank could borrow funds in the relevant interbank market; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Reference Rate</i></b> means
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Related Fund</i></b> in
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</font></td>
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  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in relation to any other currency, the London interbank market; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Relevant Regulator </i></b>means

      the Panel, the High Court, the Competition and Markets Authority and/or any other entity, agency, body, governmental authority or person that has regulatory or supervisory authority (or any other similar or equivalent power) in connection with the
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      laws generally affecting the rights of creditors and secured creditors, the time barring of claims under any applicable limitation statutes, the possibility that a court may strike out a provision of a contract for recession or oppression, undue
      influence or similar reason, the possibility that an undertaking to assume liability for or to indemnify a person against non-payment of stamp duty may be void, defences of acquiescence, set-off or counterclaim and similar principles, the principles
      that in certain circumstances a Security Interest granted by way of fixed charge may be recharacterised as a floating charge or that a Security Interest purported to be constituted as an assignment may be recharacterised as a charge, the principle
      that additional or default interest imposed pursuant to any relevant agreement may be held to be unenforceable on the grounds that it is a penalty and thus void, the principle that a court may not give effect to an indemnity for legal costs incurred
      by an unsuccessful litigant, the principle that the creation or purported creation of a Security Interest over any asset not beneficially owned by the relevant charging company at the date of the relevant security document or over any contract or
      agreement which is subject to a prohibition on transfer, assignment or charging may be void, ineffective or invalid and may give rise to a breach of the contract or agreement over which a Security Interest has purportedly been created, the principle
      that a court may not give effect to any parallel debt provisions, covenant to pay the Interim Security Agent or other similar provisions, similar principles, rights and defences under the laws of any jurisdiction in which the relevant obligation may
      have to be performed and any other matters which are set out in the reservations or qualifications (however described) as to matters of law which are referred to in any legal opinion referred to in paragraph 3 (<i>Legal Opinions</i>) of Schedule 3 (<i>Conditions

        Precedent</i>) or under any other provision of or otherwise in connection with any Interim Finance Document.</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Restricted Member of the Group
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  </table>
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  </table>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      </tr>

  </table>
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      <tr>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Part II</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
      Other References</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In this Agreement, unless a contrary intention appears, a reference to:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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            will be construed accordingly;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>financial indebtedness</i></b> means any indebtedness for or in respect of:</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the amount of any liability in respect of finance leases;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(v)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vi)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vii)</font></td>
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            bank or financial institution in respect of payment obligations;</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(viii)</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">98</font></td>
        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ix)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any amount of any liability under an advance or deferred purchase agreement if the primary reason behind entering into the agreement is to
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(x)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any amount raised under any other transaction (including any forward sale or purchase, sale and sale back or sale and leaseback agreement)
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(xi)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(g)</font></td>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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            the purchase of or subscription for shares or other investments in, any other person, the purchase of assets or services, the making of payments under an agreement or otherwise) for the payment of, to indemnify against the consequences of
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">and <b><i>guaranteed</i></b> and <b><i>guarantor</i></b>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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      <tr>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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            Issuing Bank at the direction, and on behalf of, the Obligor for the purpose of satisfying any and all of the liabilities which are the subject of such Bank Guarantees) and, for the purposes of this Agreement, a Bank Guarantee shall be deemed
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">7.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
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        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">103</font></td>
        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Schedule 2</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Part I</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To:</font></td>
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  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:</font></td>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <!-- Field: Rule-Page -->
  <div align="LEFT" style="margin-top: 3pt; margin-bottom: 3pt">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">105</font></td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Part II</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To:</font></td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">From:</font></td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&#9679;]</font></td>
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  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>[<i>Company</i>] &#8211; Interim Facilities Agreement
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
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  </table>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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        <td style="text-align: center">&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td style="text-align: center">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Security agreement</font></td>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: bold 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">The
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a legal opinion from Davis Polk &amp; Wardwell LLP as English law counsel to the Original Interim Lenders in respect of the enforceability of
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: bold 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
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      </tr>

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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: -0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">108</font></td>
        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Schedule 4</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
      Guarantee and Indemnity</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Guarantee and indemnity</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">guarantees to each Interim Finance Party punctual performance by each other Obligor of all its obligations under the Interim Finance
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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            or illegality, have been payable by it under any Interim Finance Document on the date when it would have been due. The amount payable by a Guarantor under this indemnity will not exceed the amount it would have had to pay under this paragraph 1
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(the <b><i>Guarantee</i></b>).</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Continuing Guarantee</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">109</font></td>
        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      whether or not more onerous) variation, increase, extension or addition of or to any of the Interim Finance Documents and/or any facility or amount made available under any of the Interim Finance Documents for the purposes of or in connection with
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
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        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">to claim or prove as a creditor of any Obligor in competition with any Interim Finance Party.</font></td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 50%">&#160;</td>
        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">111</font></td>
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  </table>
  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">9.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If any Guarantor (a <b><i>Retiring

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  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">10.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This guarantee is in addition to
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">11.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
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      <tr style="vertical-align: top">
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      </tr>

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  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
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        <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">114</font></td>
        <td style="width: 40%; text-align: right; padding-right: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

  </table>
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  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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      Major Undertakings</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">116</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">118</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">119</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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      Major Events of Default</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payment default</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Breach of other obligations</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A Major Representation is incorrect or misleading in any
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any of the following occurs:</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">subject to the Reservations and the Perfection Requirements, any material obligation of the Obligors under any Interim Finance Document is or
            becomes invalid or unenforceable, in each case, in a manner which is materially adverse to the interests of the Interim Lenders (taken as a whole) under the Interim Finance Documents;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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            perform any of their material obligations under any Interim Finance Document, in each case, in a manner which is materially adverse to the interests of the Interim Lenders (taken as a whole) under the Interim Finance Documents; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">and, in each case, the circumstances are not remedied within
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">120</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">5.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insolvency</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any Obligor or Bidco:</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" 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>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">6.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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  </table>
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following completion of the Acquisition, a sale by one or more
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  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">121</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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      Impairment and Replacement of Interim Finance Parties</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Part I</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
      Impaired Agent</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Impaired Agent</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If, at any time, an Agent becomes an Impaired Agent, the Obligors' Agent, an Obligor or an Interim Lender which is required to make a payment
            under the Interim Finance Documents to the Agent in accordance with Clause 12 (<i>Payments</i>) or otherwise under an Interim Finance Document may instead either pay that amount direct to the required recipient or pay that amount to an interest
            bearing account held with an Acceptable Bank in relation to which no Insolvency Event has occurred and is continuing, in the name of the Obligors' Agent or the Obligor or the Interim Lender making the payment and designated as a trust account
            for the benefit of the Party or Parties beneficially entitled to that payment under the Interim Finance Documents. In each case such payments must be made on the due date for payment under the Interim Finance Documents.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">All interest accrued on the amount standing to the credit of the trust account shall be for the benefit of the beneficiaries of that trust
            account pro rata to their respective entitlements.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A Party which has made a payment in accordance with this paragraph 1 shall be discharged of the relevant payment obligation under the Interim
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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            each Party which has made a payment to a trust account in accordance with this paragraph 1 shall give all requisite instructions to the bank with whom the trust account is held to transfer the amount (together with any accrued interest) to the
            successor Agent for distribution in accordance with Clause 18.1 (<i>Recoveries</i>).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">that it has not given an instruction pursuant to paragraph (d) above; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">that it has been provided with the necessary information by that recipient,</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">give all requisite instructions to the bank with whom the trust account is held to
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">122</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">123</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Interim Facility Agent fails to respond to a request under Clause 10.8 (<i>FATCA information</i>) and the Obligors' Agent or an Interim
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the information supplied by the Interim Facility Agent pursuant to Clause 10.8 (<i>FATCA information</i>) indicates that the Interim Facility
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">and (in each case) the Obligors' Agent or an Interim Lender reasonably believes that
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">124</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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      Defaulting Lender</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For so long as a Defaulting Lender has any undrawn Interim Commitment, in ascertaining (i) the Majority Interim Lenders; or (ii) whether any
            given percentage (including, for the avoidance of doubt, unanimity) of the Total Interim Commitments under the relevant Interim Facility/ies or the agreement of any specified group of Interim Lenders has been obtained to approve any request for
            a consent, waiver, amendment or other vote of Interim Lenders under the Interim Finance Documents, that Defaulting Lender's Interim Commitments under the relevant Interim Facility/ies will be reduced by the amount of its undrawn Interim
            Commitments under the relevant Interim Facility/ies and, to the extent that that reduction results in that Defaulting Lender's Total Interim Commitments being zero, that Defaulting Lender shall be deemed not to be an Interim Lender for the
            purposes of (i) and (ii) above.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For the purposes of paragraph 1 above, the Interim Facility Agent may assume that the following Interim Lenders are Defaulting Lenders:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any Interim Lender which has notified the Interim Facility Agent that it has become a Defaulting Lender;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any Interim Lender in relation to which it is aware that any of the events or circumstances referred to in paragraphs (a), (b) or (c) of the
            definition of Defaulting Lender has occurred,</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">unless it has received notice to the contrary from the Interim Lender concerned
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Without prejudice to any other provision of this Agreement, the Agents may disclose and, on the written request of the Obligors' Agent or the
            Majority Interim Lenders, shall, as soon as reasonably practicable, disclose the identity of a Defaulting Lender to the Obligors' Agent and to the other Interim Finance Parties.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If any Interim Lender becomes a Defaulting Lender, the Obligors' Agent may, at any time whilst the Interim Lender continues to be Defaulting
            Lender, give the Interim Facility Agent three (3) Business Days' notice of cancellation of all or any part of each undrawn Interim Commitment of that Interim Lender.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">125</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Part III</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
      Replacement of an Interim Lender / Increase</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Replacement of an Interim Lender</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If at any time:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any Interim Finance Party becomes or is a Defaulting Lender,</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 108pt"></td>
        <td style="width: 34.9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(A)</font></td>
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            the Replaced Lender's participations or unfunded or undrawn participations (as the case may be) on the same basis as the Replaced Lender) for a purchase price in cash payable at the time of transfer in an amount equal to the applicable
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 108pt"></td>
        <td style="width: 34.9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(B)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">126</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-align: justify; text-indent: -0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any notice delivered under paragraph (a) above (or any subsequent notice for this purpose, as applicable) may be accompanied by a Transfer
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            Transfer Certificate, Assignment Agreement and any other related documentation to effect the transfer or assignment (if attached) shall be promptly (and by no later than three (3) Business Days from receiving such Transfer Certificate,
            Assignment Agreement and any other related documentation) executed by the relevant Replaced Lender and returned to the Obligors' Agent.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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            delivery by the Obligors' Agent, the relevant transfer or transfers or assignment and assignments shall automatically and immediately be effected for all purposes under the Interim Finance Documents on payment of the replacement amount to the
            Interim Facility Agent (for the account of the relevant Replaced Lender), and the Interim Facility Agent may (and is authorised by each Interim Finance Party to) execute, without requiring any further consent or action from any other party, a
            Transfer Certificate, Assignment Agreement and any other related documentation to effect the transfer or assignment on behalf of the relevant Replaced Lender which is required to transfer its rights and obligations or assign its rights under
            this Agreement pursuant to paragraph (a) above which shall be effective for the purposes of Clause 24.4 (<i>Procedure for transfer</i>) and Clause 24.5 (<i>Procedure for assignment</i>). The Interim Facility Agent shall not be liable in any way
            for any action taken by it pursuant to this paragraph 1 and, for the avoidance of doubt, the provisions of Clause 17.4 (<i>Exoneration of the Arranger and the Agents</i>) shall apply in relation thereto.</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If the Obligors' Agent or the Interim Facility Agent (at the request of the Obligors' Agent) has requested the Interim Lenders to give a
            consent in relation to, or to agree to a release, waiver or amendment of, any provisions of the Interim Finance Documents or other vote of the Interim Lenders under the terms of this Agreement, where the requested consent, release, waiver or
            amendment is one which requires greater than Majority Interim Lender consent pursuant to this Agreement and has been agreed to by the Majority Interim Lenders, then any Interim Lender who has not consented or agreed (or fails to reject) to such
            request by the end of the period of ten (10) Business Days (or any other period of time notified by the Obligors' Agent, with the prior agreement of the Interim Facility Agent if the period for this provision to operate is less than ten (10)
            Business Days) of a request being made such Interim Lender shall be deemed a <b><i>Non-Consenting Lender</i></b>.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">127</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If any Non-Consenting Lender fails to assist with any step required to implement the Obligors' Agent's right to prepay that Non-Consenting
            Lender or to replace that Non-Consenting Lender pursuant to this paragraph 1 within three (3) Business Days of a request to do so by the Obligors' Agent, then that Non-Consenting Lender shall be automatically excluded from participating in that
            vote, and its participations, Interim Commitments and vote (as the case may be) shall not be included (or, as applicable, required) with the Total Interim Commitments or otherwise when ascertaining whether the approval of Majority Interim
            Lenders, all Interim Lenders, or any other class of Interim Lenders (as applicable) has been obtained with respect to that request for a consent or agreement; and its status as an Interim Lender shall be disregarded for the purpose of
            ascertaining whether the agreement or any specified group of Interim Lenders has been obtained to approve the request.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increase</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Obligors' Agent may by giving prior notice to the Interim Facility Agent after the effective date of a cancellation of:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the undrawn Interim Commitments of a Defaulting Lender in accordance with paragraph 3 of Part II (<i>Defaulting Lender</i>) of this Schedule
            6; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Interim Commitments of an Interim Lender in accordance with Clause 11.3 (<i>Illegality</i>) or paragraph 1 (<i>Replacement of an Interim
              Lender</i>) above,</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">request that the Interim Commitments relating to any Interim Facility be increased
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following a request as described in paragraph (a) above:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the increased Interim Commitments will be assumed by one or more Interim Lenders or other banks, financial institutions, trusts, funds or
            other entities (each an <b><i>Increase Lender</i></b>) selected by the Obligors' Agent and each of which confirms in writing (whether in the relevant Increase Confirmation or otherwise) its willingness to assume and does assume all the
            obligations of an Interim Lender corresponding to that part of the increased Interim Commitments which it is to assume, as if it had been an Original Interim Lender;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">each of the Obligors and any Increase Lender shall assume obligations towards one another and/or acquire rights against one another as the
            Obligors and the Increase Lender would have assumed and/or acquired had the Increase Lender been an Original Interim Lender;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">each Increase Lender shall become a Party as an Interim Lender and any Increase Lender and each of the other Interim Finance Parties shall
            assume obligations towards one another and acquire rights against one another as that Increase Lender and those Interim Finance Parties would have assumed and/or acquired had the Increase Lender been an Original Interim Lender;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">128</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Interim Commitments of the other Interim Lenders shall continue in full force and effect; and</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(v)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any increase in the Interim Commitments relating to an Interim Facility shall take effect on the date specified by the Obligors' Agent in the
            notice referred to above or any later date on which the conditions set out in paragraph (c) below are satisfied.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the execution by the Interim Facility Agent of an Increase Confirmation from the relevant Increase Lender;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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            satisfied that it has complied with all necessary "know your customer" or other similar checks under all applicable laws and regulations in relation to the assumption of the increased Interim Commitments by that Increase Lender. The Interim
            Facility Agent shall promptly notify the Obligors' Agent and the Increase Lender upon being so satisfied.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a <b><i>re-transfer</i></b> and <b><i>re-assignment </i></b>were references to respectively a transfer and assignment.</font></td>
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  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">129</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Part IV</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
      Form of Increase Confirmation</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To:</font></td>
        <td style="text-align: justify; width: 94%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&#9679;] as Interim Facility Agent, [&#9679;] as Interim Security Agent and [&#9679;] as Borrower</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

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        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">From:</font></td>
        <td style="text-align: justify; width: 94%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&#9679;] (the <b><i>Increase Lender</i></b>)</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

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        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:</font></td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>[<i>Company</i>] &#8211; Interim Facilities Agreement dated [&#9679;] (as amended from time to time)
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We refer to the Interim Facilities Agreement. This agreement (the <i>Agreement</i>) shall take effect as an Increase Confirmation for the
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We refer to paragraph 2 (<i>Increase</i>) of Part III (<i>Replacement of an Interim Lender / Increase</i>) of Schedule 6 (<i>Impaired Agent,
              Replacement of an Interim Facility Agent, Defaulting Lender, Replacement of an Interim Lender / Increase,</i>) of the Interim Facilities Agreement.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Increase Lender agrees to assume and will assume all of the obligations corresponding to the Interim Commitment specified in the Schedule
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The proposed date on which the increase in relation to the Increase Lender and the Relevant Commitment is to take effect (the Increase Date)
            is [&#9679;].</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">5.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On the Increase Date, the Increase Lender becomes party to the relevant Interim Finance Documents as an Interim Lender.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">6.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Facility Office, address, email address and attention details for notices to the Increase Lender for the purposes of Clause 20.1 (<i>Mode
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">7.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Increase Lender expressly acknowledges the limitations on the Interim Lenders' obligations referred to in paragraph (f) of paragraph 2 (<i>Increase</i>)
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">8.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Increase Lender confirms that it is:</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[a Qualifying Interim Lender (other than a Treaty Interim Lender);]</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">9.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Agreement may be executed in any number of counterparts and this has the same effect as if the signatures on the counterparts were on a
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">130</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">10.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Agreement and any non-contractual obligations arising out of or in connection with it are governed by English law.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">11.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Agreement has been entered into on the date stated at the beginning of this Agreement.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note:</b></font></td>
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">131</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Relevant Commitment/rights and obligations to be assumed by the Increase Lender</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[INSERT RELEVANT DETAILS]</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________________________&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[<b>Increase Lender</b>]</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________________________&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[<b>Interim Facility Agent</b>]</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      </tr>

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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Non-Consenting Lender</i></b> has the meaning given to that term in
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  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To:</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: justify; width: 94%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&#9679;] (the <b><i>Existing Interim Lender</i></b>) and [&#9679;] (the <b><i>New Interim Lender</i></b>)</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>[<i>Company</i>] &#8211; Interim Facilities Agreement dated [&#9679;] (as amended from time to time)
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We refer to the Interim Facilities Agreement. This is a Transfer Certificate. Terms defined in the Interim Facilities Agreement have the same
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We refer to Clause 24.4 (<i>Procedure for transfer</i>) of the Interim Facilities Agreement:</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Facility Office and address, email address and attention details for notices of the New Interim Lender for the purposes of Clause 20.1 (<i>Mode


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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The New Interim Lender expressly acknowledges the limitations on the Existing Interim Lender's obligations set out in paragraph (c) of Clause
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      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
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      </tr>

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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">5.</font></td>
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      </tr>

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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">6.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">7.</font></td>
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
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        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">8.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The Schedule to the Transfer Certificate</b></font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________________________&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________________________&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________________________&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Interim Facility Agent]</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">138</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Schedule 8</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
      Form of Assignment Agreement</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To:</font></td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">From:</font></td>
        <td style="text-align: justify; width: 94%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&#9679;] (the <b><i>Existing Interim Lender</i></b>) and [&#9679;] (the <b><i>New Interim Lender</i></b>)</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>[<i>Company</i>] &#8211; Interim Facilities Agreement dated [&#9679;] (as amended from time to time)
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We refer to the Interim Facilities Agreement. This is an Assignment Agreement. Terms defined in the Interim Facilities Agreement have the same
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We refer to Clause 24.5 (<i>Procedure for assignment</i>) of the Interim Facilities Agreement.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">subject to paragraph (b) of Clause 24.2, the Existing Interim Lender assigns absolutely to the New Interim Lender all the rights of the
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            in Interim Utilisations under the Interim Facilities Agreement as specified in the Schedule;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">subject to paragraph (b) of Clause 24.2, the Existing Interim Lender is released from all the obligations of the Existing Interim Lender which
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">5.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The New Interim Lender becomes a Party as an Interim Lender and is bound by obligations equivalent to those from which the Existing Interim
            Lender is released under paragraph 4 above.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">6.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">7.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On the Transfer Date the New Interim Lender becomes Party to the Interim Finance Documents as an Interim Lender.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">8.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The New Interim Lender expressly acknowledges the limitations on the Existing Interim Lender's obligations set out in paragraph (c) of Clause
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">9.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Assignment Agreement acts as notice to the Interim Facility Agent (on behalf of each Interim Finance Party) and, upon delivery in
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">139</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">10.</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________________________</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">141</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
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  </table>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Issuing Bank is not precluded from issuing a Bank Guarantee by law or regulation or its internal policies to the beneficiary of the Bank
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      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">142</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facility Agent must promptly notify the relevant Issuing Bank of the details of a requested Bank Guarantee.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If the conditions set out in this Agreement have been met, the relevant Issuing Bank shall issue the Bank Guarantee on the Drawdown Date.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Interim Revolving Facility Lender will participate in each Bank Guarantee in the proportion which its Interim Revolving Facility
            Commitment bears to the Total Interim Revolving Facility Commitments immediately before the issue of that Bank Guarantee.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Interim Lender is obliged to participate in any Bank Guarantee if as a result the Base Currency Amount of its share in the outstanding
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The obligation of any Issuing Bank to issue a Bank Guarantee is subject to the condition that on the Drawdown Date the conditions precedent
            referred to in Clause 3.1 (<i>Conditions Precedent</i>) have been satisfied or, as the case may be, waived. The provisions of Clause 3.1 (<i>Conditions Precedent</i>) shall apply to each Issuing Bank in respect of any Bank Guarantee issued or
            to be issued by that Issuing Bank.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">143</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Part II</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
      Bank Guarantees</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Immediately payable</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If a Bank Guarantee or any amount outstanding under a Bank
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Demands</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Issuing Bank shall forthwith notify the Interim Facility
      Agent of any demand received by it under and in accordance with any Bank Guarantee (including details of the Bank Guarantee under which such demand has been received and the amount demanded (if applicable, minus the amount of any cash cover provided
      in respect of that Bank Guarantee) (the <b><i>Demand Amount</i></b>)) and the Interim Facility Agent on receipt of any such notice shall forthwith notify the Borrower and each of the Interim Revolving Facility Lenders.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payments</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower shall immediately on receipt of any notice from the Interim Facility Agent under paragraph 2 (<i>Demands</i>) above (unless the
            Borrower notifies the Interim Facility Agent otherwise) be deemed to have delivered to the Interim Facility Agent a duly completed Drawdown Request requesting an Interim Revolving Facility Loan in an amount equal to the Demand Amount which
            shall be drawn three (3) Business Days following receipt by the Interim Facility Agent of the demand and applied in discharge of the Demand Amount.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If the Borrower notifies the Interim Facility Agent pursuant to paragraph (a) above that an Interim Loan is not to be drawn in accordance with
            the provisions of such paragraph, then the Borrower shall within two (2) Business Days after receipt of any notice from the Interim Facility Agent under paragraph 2 (<i>Demands</i>) above pay to the Interim Facility Agent for the account of the
            relevant Issuing Bank the amount demanded from that Issuing Bank as notified to the Interim Facility Agent in accordance with paragraph 2 (<i>Demands</i>) above less any amount of cash cover provided in respect of the Bank Guarantee under which
            the relevant Issuing Bank has received demand.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Interim Facility Agent shall pay to the relevant Issuing Bank any amount received by it from the Borrower under paragraph (b) above.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash cover</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Issuing Bank is hereby irrevocably authorised by the
      Borrower following a demand under and in accordance with any Bank Guarantee issued by that Issuing Bank to apply all amounts of cash cover provided in respect of that Bank Guarantee in satisfaction of that Borrower's obligations in respect of that
      Bank Guarantee.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">144</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">5.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fees payable in respect of Bank Guarantees</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower shall pay to the Interim Facility Agent for the account of each Interim Revolving Facility Lender in respect of a Bank Guarantee
            issued pursuant to the Interim Revolving Facility, a Bank Guarantee fee in US Dollars computed at the rate equal to one (1) per cent. below the Margin applicable to an Interim Revolving Facility Loan, on the outstanding amount of each Bank
            Guarantee issued on its behalf (less any amount which has been repaid or prepaid) for the period from the issue of that Bank Guarantee until its Expiry Date (or, if earlier, the date of its repayment or cancellation). This fee shall be
            distributed according to each Interim Lender's pro rata share of that Bank Guarantee. Any accrued Bank Guarantee fee on a Bank Guarantee shall be payable on the Termination Date.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower shall pay to the Issuing Bank which issues a Bank Guarantee a fee equal to 0.125 per cent. per annum (or such other amount as may
            be agreed between the Borrower and the relevant Issuing Bank from time to time) on the face amount of that Bank Guarantee (excluding the amount of the share of that Issuing Bank in the Bank Guarantee if that Issuing Bank (or an Affiliate of it)
            is also an Interim Lender), less any amount which has been repaid or prepaid. That fee shall be payable on the Termination Date.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">6.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Claims under a Bank Guarantee</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower irrevocably and unconditionally authorises each Issuing Bank to pay any claim made or purported to be made under a Bank Guarantee
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Borrower shall, within two (2) Business Days after receipt of demand or, if such payment is being funded by an Interim Revolving Facility
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">deals in documents only and will not be concerned with the legality of a claim or any underlying transaction or any available set-off,
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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            remain Issuing Bank for all other purposes under this Agreement and the Borrower will be free to request any other Interim Lender to become the Issuing Bank in respect of that Bank Guarantee.</font></td>
      </tr>

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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">145</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the sufficiency, accuracy or genuineness of any claim or any other document; or</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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              under a Bank Guarantee</i>) above) on demand indemnify an Issuing Bank against any cost, loss or liability incurred by that Issuing Bank (otherwise than by reason of the Issuing Bank's fraud, negligence, wilful misconduct or breach of the
            terms of this Agreement) in acting as the Issuing Bank under any Bank Guarantee requested by (or on behalf of) the Borrower.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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>
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            Lender's pro rata proportion of any cost, loss or liability incurred by such Issuing Bank (otherwise than by reason of the Issuing Bank's fraud, negligence, wilful misconduct or breach of the terms of this Agreement) in acting as the Issuing
            Bank under any Bank Guarantee (unless the relevant Issuing Bank has been reimbursed by an Obligor).</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The obligations of each Interim Revolving Facility Lender under this paragraph 7 are continuing obligations and will extend to the ultimate
            balance of sums payable by that Interim Lender in respect of any Bank Guarantee, regardless of any intermediate payment or discharge in whole or in part.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any time, waiver or consent granted to, or composition with, any Obligor, any beneficiary under a Bank Guarantee or other person;</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the release of any other Obligor or any other person under the terms of any composition or arrangement with any creditor or any Group Company;</font></td>
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  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">146</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the taking, variation, compromise, exchange, renewal or release of, or refusal or neglect to perfect, take up or enforce any rights against,
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">any incapacity or lack of power, authority or legal personality of or dissolution or change in the members or status of an Obligor, any
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 1in"></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vi)</font></td>
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            such obligation arose by reason of the relevant Issuing Bank's negligence or wilful misconduct) or any other security provided by an Obligor; or</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">8.</font></td>
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">9.</font></td>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">147</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">148</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
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  </table>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">149</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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      Form of Bank Guarantee</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To:</font></td>
        <td style="text-align: justify; width: 94%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&#9679;] (the <b>Beneficiary</b>)</font></td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
        <td style="text-align: justify; width: 6%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:</font></td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Irrevocable Standby Letter of Credit no. [&#9679;]</b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At the request of [&#9679;], [<i>Issuing Bank</i>] (the <b><i>Issuing Bank</i></b>) issues this
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Definitions</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In this Letter of Credit:</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">2.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Issuing Bank's agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Beneficiary may request a drawing or drawings under this Letter of Credit by giving to the Issuing Bank a duly completed Demand. A Demand
            must be received by the Issuing Bank by 11.00 a.m. on the Expiry Date.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject to the terms of this Letter of Credit, the Issuing Bank unconditionally and irrevocably undertakes to the Beneficiary that, within
            [ten (10)] Business Days of receipt by it of a Demand, it must pay to the Beneficiary the amount demanded in that Demand.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Issuing Bank will not be obliged to make a payment under this Letter of Credit if as a result the aggregate of all payments made by it
            under this Letter of Credit would exceed the Total Letter of Credit Amount.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">3.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Expiry</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Issuing Bank will be released from its obligations under this Letter of Credit on the date (if any) notified by the Beneficiary to the
            Issuing Bank as the date upon which the obligations of the Issuing Bank under this Letter of Credit are released.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" 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: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless previously released under paragraph (a) above, on 5.00 p.m.([London] time) on the Expiry Date, the obligations of the Issuing Bank
            under this Letter of Credit will cease with no further liability on the part of the Issuing Bank except for any Demand validly presented under the Letter of Credit that remains unpaid.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">150</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></p>
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      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">When the Issuing Bank is no longer under any further obligations under this Letter of Credit, the Beneficiary must return the original of this
            Letter of Credit to the Issuing Bank.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">4.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payments</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">All payments under this Letter of Credit shall be made in US
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">5.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Delivery of Demand</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each Demand shall be in writing, and, unless otherwise stated,
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&#9679;]</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">6.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assignment</font></td>
      </tr>

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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Beneficiary's rights under this Letter of Credit may not be
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">7.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ISP 98</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Except to the extent it is inconsistent with the express terms
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">8.</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Letter of Credit is governed by English law.</font></p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">9.</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jurisdiction</font></td>
      </tr>

  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yours faithfully</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________________________&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">151</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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        <td style="text-align: justify; width: 5%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To:</font></td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Standby Letter of Credit no. [&#9679;] issued in favour of [Beneficiary] (the <i><u>Letter of
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      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  </table>
  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: top">
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yours faithfully</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________________________&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">152</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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      The Original Interim Lenders</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      <tr style="vertical-align: top">
        <td style="padding-right: 0.5pt; padding-left: 0.5pt; text-align: left">&#160;</td>
        <td style="padding-right: 0.5pt; padding-left: 0.5pt; text-align: center">&#160;</td>
        <td style="padding-right: 0.5pt; padding-left: 0.5pt; text-align: center">&#160;</td>
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      <tr style="vertical-align: top; background-color: White">
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        <td style="padding-right: 0.5pt; padding-left: 0.5pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="padding-right: 0.5pt; padding-left: 0.5pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
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  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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      Compounded Rate Terms</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      Dollars</font></p>
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      <tr style="vertical-align: top">
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        <td style="text-align: justify; padding-left: 5pt">&#160;</td>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.7pt; text-align: justify; padding-left: 5pt">&#160;</td>
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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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        <td style="text-align: justify; padding-left: 5pt">&#160;</td>
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      <tr style="vertical-align: top">
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  </table>
  <div><br>
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        <td style="padding-left: 5pt; width: 50%;" rowspan="1">&#160;</td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
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        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
        <td style="width: 5%; padding: 0px;" colspan="1" rowspan="1">&#160;</td>
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        <td style="padding-left: 5pt; width: 50%;" rowspan="1">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
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        <td style="text-align: justify; padding-left: 5pt; width: 50%;">&#160;</td>
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        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">154</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="margin: 0"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
        <td style="padding: 0px; width: 5%;" rowspan="1">(b)<br>
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        <td style="padding: 0px;" rowspan="1" colspan="2">if the RFR is not available for that RFR Banking Day, the percentage rate per annum which is the aggregate of:<br>
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
        <td style="width: 5%; padding: 0px;" rowspan="1"><br>
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        <td style="width: 50%; padding: 0px;" rowspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Central Bank Rate for that RFR Banking Day; and</font></td>
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        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
        <td style="padding-right: 7.1pt; padding-left: 7.1pt;" rowspan="1" colspan="3">&#160;</td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;">&#160;</td>
        <td style="padding: 0px; width: 5%;"><br>
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        <td style="padding: 0px; width: 50%;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the applicable Central Bank Rate Adjustment: or <br>
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        <td style="padding: 0px; width: 5%;" rowspan="1">&#160;</td>
        <td style="padding: 0px; width: 5%;" rowspan="1">&#160;</td>
        <td style="padding: 0px; width: 50%;" rowspan="1">&#160;</td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
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        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
        <td style="padding-right: 7.1pt; padding-left: 7.1pt;" colspan="3" rowspan="1">&#160;</td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
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        <td style="width: 50%; padding: 0px 0px;" rowspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the most recent Central Bank Rate for a day which is no more than five RFR Banking Days before that RFR Banking Day; and</font></td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
        <td style="padding-right: 7.1pt; padding-left: 7.1pt;" rowspan="1" colspan="3">&#160;</td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
        <td style="padding-right: 7.1pt; padding-left: 7.1pt; width: 5%;" rowspan="1"><br>
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        <td style="width: 50%; padding: 0px 0px;" rowspan="1"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the applicable Central Bank Rate Adjustment,</font></td>
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        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
        <td style="padding-right: 7.1pt; padding-left: 7.1pt;" rowspan="1" colspan="3">&#160;</td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;" rowspan="1">&#160;</td>
        <td style="padding: 0px;" rowspan="1" colspan="3"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">rounded, in either case, to four decimal places (<b>provided that</b> (aa) if, in relation to an Interim Loan (or any part
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      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;">&#160;</td>
        <td style="padding-right: 7.1pt; padding-left: 7.1pt;" colspan="3">&#160;</td>
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      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;">&#160;</td>
        <td style="padding: 0px; text-align: justify;" colspan="3">&#160;</td>
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      <tr style="vertical-align: top">
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        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 40%;">&#160;</td>
        <td style="padding-right: 7.1pt; padding-left: 7.1pt; text-align: justify;" colspan="3">&#160;</td>
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  </table>
  <p style="margin: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">155</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin: 0"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
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  <p style="margin: 0"></p>
  <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">

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      <tr style="vertical-align: top">
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      <tr style="vertical-align: top">
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">156</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"></p>
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    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Part II</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
      Sterling</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></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: 39%; padding-right: 13.8pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>CURRENCY:</b></font></td>
        <td style="width: 61%; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sterling.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.7pt; text-align: justify; padding-left: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Definitions</i></b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.7pt; text-align: justify; padding-left: 5pt">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Additional Business Days: </b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">An RFR Banking Day.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Break Costs: </b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">None.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Central Bank Rate:</b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Bank of England&#8217;s Bank Rate as published by the Bank of England from time to time.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Central Bank Rate Adjustment:</b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In relation to the Central Bank Rate prevailing at close of business on any RFR Banking Day, the 20 per cent trimmed
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      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Central Bank Rate Spread:</b></font></td>
        <td style="padding-left: 5pt">
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In relation to any RFR Banking Day, the difference (expressed as a percentage rate
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <br>
            </font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 77.95pt; text-align: justify; text-indent: -77.75pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;SONIA for the RFR Banking Day; and</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 77.95pt; text-align: justify; text-indent: -77.75pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 35.65pt; text-align: justify; text-indent: -35.45pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Central Bank Rate prevailing at
              the close of business on that RFR Banking Day.&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 7.1pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Credit Adjustment Spread:</b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">None.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Daily Rate:</b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The &#8220;<b>Daily Rate</b>&#8221; for any RFR Banking Day is:</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the RFR for that RFR Banking Day; or</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="padding-left: 5pt">
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;if the RFR is not available for that RFR
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i) &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Central Bank Rate for that RFR Banking
              Day; and</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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              Adjustment: or&#160;</font></p>
        </td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="padding-left: 5pt">
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;if paragraph&#160;(b) above applies but the
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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        </td>
      </tr>

  </table>
  <p style="margin: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">157</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <p style="margin: 0"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
  </div>
  <p style="margin: 0"></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="padding-right: 13.8pt; padding-left: 5pt; text-align: justify; width: 39%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="padding-left: 5pt; width: 61%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii) &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the applicable Central Bank Rate
              Adjustment,</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">rounded, in either case, to four decimal places (<b>provided that</b> (aa) if, in
              relation to an Interim Loan (or any part thereof) and an Interest Period (or, if applicable, a Relevant Interest Period), applying the Compounded Reference Rate for each day in that Interest Period (or, if applicable, Relevant Interest
              Period) would result in the aggregate amount payable in respect of the Compounded Reference Rate on that Interim Loan for that Interest Period (or, if applicable, Relevant Interest Period) being less than zero, the Compounded Reference Rate
              on that Interim Loan for each day in that Interest Period (or, if applicable, Relevant Interest Period) shall be deemed to be zero and (bb) neither the Daily Rate nor the aggregate of the Daily Rate and the applicable Credit Adjustment Spread
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
        </td>
      </tr>

  </table>
  <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="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify; width: 39%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Lookback Period:</b></font></td>
        <td style="padding-left: 5pt; text-align: justify; width: 61%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Five RFR Banking Days.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Relevant Market:</b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Sterling wholesale market.</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Reporting Day:</b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The day which is the Lookback Period prior to the last day of the Interest Period or, if that day is not a Business Day,
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      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>RFR:</b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The SONIA (Sterling overnight index average) reference rate displayed on the relevant screen of any authorised distributor
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      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify">&#160;</td>
        <td style="padding-left: 5pt; text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-right: 13.8pt; padding-left: 7.1pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>RFR Banking Day:</b></font></td>
        <td style="padding-left: 5pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A day (other than a Saturday or Sunday) on which banks are open for general business in London.</font></td>
      </tr>

  </table>
  <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

      <tr style="vertical-align: top; text-align: left">
        <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">158</font></td>
        <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
      </tr>

  </table>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
    <div style="TEXT-ALIGN: center" class="BRPFPageNumberArea">&#160;</div>
    <div style="PAGE-BREAK-AFTER: always" class="BRPFPageBreak">
      <hr noshade="noshade" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
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  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Schedule 13</font><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br>
      Daily Non-Cumulative Compounded RFR Rate</font></p>
  <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The &#8220;<b>Daily Non-Cumulative Compounded RFR Rate</b>&#8221; for any RFR Banking Day &#8220;<b>i</b>&#8221;
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;<img src="ny20023240x1ex10-2_image01.jpg" alt=""></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">where:</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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      the Unannualised Cumulative Compounded Daily Rate for that RFR Banking Day &#8220;<b>i</b>&#8221;;</font></p>
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      in relation to that RFR Banking Day &#8220;<b>i</b>&#8221;, the Unannualised Cumulative Compounded Daily Rate for the immediately preceding RFR Banking Day (if any) during that Interest Period;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><img src="ny20023240x1ex10-2_image02.jpg" alt=""></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>tn<sub style="vertical-align: bottom; line-height: 1; font-size: smaller;">i</sub></b>&#8221;
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">
    <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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          <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">159</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
  <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" class="BRPFPageBreakArea">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">where:</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>d<sub style="vertical-align: bottom; line-height: 1; font-size: smaller;">0</sub></b>&#8221;
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>dcc</b>&#8221; has the meaning given to that term above; and</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>tn<sub style="vertical-align: bottom; line-height: 1; font-size: smaller;">i</sub></b>&#8221;
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">
    <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">

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          <td style="text-align: center; width: 34%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">160</font></td>
          <td style="text-align: right; width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Echo: Interim Facilities Agreement</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>VIAVI SOLUTIONS INC.</b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: ______________________________________________</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The Borrower </b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>VIAVI SOLUTIONS INC.</b></font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The Guarantor</b></font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>VIAVI SOLUTIONS INC.</b></font></p>
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<TYPE>EX-10.3
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<DESCRIPTION>EXHIBIT 10.3
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</font></td>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 3.02</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">23</font></td>
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        <td style="padding-left: 0.375in">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
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      <tr style="vertical-align: top; background-color: White">
        <td colspan="2"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article IV.</font> <font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ADDITIONAL AGREEMENTS</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.01</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.02</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.04</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Securities Laws</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.05</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.06</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">31</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.07</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">31</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.08</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bid Management</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.09</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financing Cooperation</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">37</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.10</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain Tax Matters</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">38</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.11</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 16 Matters</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">39</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.12</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">D&amp;O Indemnification / Insurance Priority Matters</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">39</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.13</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</font></td>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.14</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.15</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indemnification</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</font></td>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.16</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.17</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.18</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</font></td>
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      <tr style="vertical-align: top; background-color: White">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</font></td>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 4.21</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">44</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">44</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">44</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">45</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">48</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">51</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">51</font></td>
      </tr>
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      </tr>
      <tr style="vertical-align: top; background-color: White">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">54</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="padding-left: 0.375in">&#160;</td>
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        <td colspan="2"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article VI.</font> <font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">MISCELLANEOUS</font></td>
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        <td style="padding-left: 0.375in">&#160;</td>
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      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><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">Survival of Representations and Warranties</font></td>
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      </tr>
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        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 6.02</font></td>
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      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 6.03</font></td>
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      </tr>
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        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 6.04</font></td>
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      </tr>
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        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 6.06</font></td>
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      </tr>
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      </tr>
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        <td style="padding-left: 0.375in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section 6.08</font></td>
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      </tr>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Qualifying Spin-Off; Acquisition</font></td>
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    party hereto in accordance with Section&#160;6.07 and, if applicable, Section&#160;4.02, each a &#8220;<u>Purchaser</u>&#8221; and, collectively, the &#8220;<u>Purchasers</u>&#8221;). Capitalized terms not otherwise defined where used shall have the meanings ascribed thereto in
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="text-transform: uppercase">Article&#160;I.</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><u>DEFINITIONS</u></p>
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    Affiliated Director in carrying out any act prohibited by this Agreement or the subject matter of Section 4.03 or (y) not received from such Purchaser or any of its Affiliates or any SL Affiliated Director, directly or indirectly, any Confidential
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<u>Anti-Corruption Laws</u>&#8221; shall have the meaning set forth in Section&#160;3.01(l)(i).</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<u>Available</u>&#8221; shall mean, with respect to a Registration Statement, that such Registration Statement is effective and there is no stop order
    with respect thereto and such Registration Statement does not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under
    which they were made, not misleading such that such Registration Statement will be available for the resale of Registrable Securities.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
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    Beneficial Owner of a security if that person has the right to acquire beneficial ownership of such security at any time. Solely for purposes of determining the number of shares of Company Common Stock issuable upon conversion of the Notes Beneficially
    Owned by each Purchaser and its Affiliates, it shall be treated as if upon conversion the Notes, the only settlement option under the Notes and the Indenture were shares of Company Common Stock. For the avoidance of doubt, for purposes of this
    Agreement, each Purchaser, its Affiliates, or any other person shall at all times be deemed to have Beneficial Ownership of shares of Company Common Stock issuable upon conversion of the Notes directly or indirectly held by them, irrespective of any
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    Company&#8217;s ability to effect a material proposed acquisition, disposition, financing, reorganization, recapitalization or similar transaction, a period of up to 60&#160;days; <u>provided</u>, that a Blackout Period may not be called by the Company more than
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    withdrawn in writing in accordance with its terms (other than (i) where such lapse or withdrawal is as a result of a switch from the Scheme to a Takeover Offer (subject to the prior written consent of the Purchasers and to, the extent applicable, the
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    Purchasers and to, the extent applicable, the Takeover Panel&#8217;s consent); (b) if the Acquisition is intended to be completed pursuant to a Takeover Offer (subject to the prior written consent of the Purchasers and to, the extent applicable, the Takeover
    Panel&#8217;s consent) the date upon which the Takeover Offer lapses, terminates or is withdrawn in writing in accordance with its terms (other than (i) where such lapse or withdrawal is as a result of a switch from the Takeover Offer to a Scheme (subject to
    the prior written consent of the Purchasers and to, the extent applicable, the Takeover Panel&#8217;s consent) or (ii) it is otherwise to be followed within twenty (20) Business Days by an Announcement by the Company to implement the Acquisition by a
    different offer or scheme (as applicable) (subject to the prior written consent of the Purchasers and to, the extent applicable, the Takeover Panel&#8217;s consent); (c) the date falling eighteen (18) months after the date of the first Announcement (the <u>Commitment

      Long Stop Date</u>) provided that, (i) if the conditions to the Takeover Offer or Scheme (as applicable) relating to regulatory or relevant government clearance or approvals have not been satisfied and/or waived by the Company (subject where
    applicable to any required consent or approval from the Purchasers hereunder) and (ii) the Scheme Effective Date has not occurred or (as applicable) the Takeover Offer has not been declared unconditional, in each case, by such eighteen (18) month date,
    the Commitment Long Stop Date shall be automatically extended (such extension being a <u>Commitment Long Stop Date Extension</u>) to the date that is twenty (20) months after the date of the first Announcement and provided further that, if the Scheme
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    later of the Closing Date and the date that all of the consideration payable under the Acquisition in respect of the Target Shares has been paid in full and (e) if the first Announcement has not been released by such time, ten (10) Business Days
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    companies), directly or indirectly, obtains Beneficial Ownership of 50% or more of the total outstanding voting power of Company Common Stock entitled to vote generally in the election of directors, (iii)&#160;the Company consummates any merger,
    consolidation or similar transaction, unless the stockholders of the Company immediately prior to the consummation of such transaction continue to hold (in substantially the same proportion as their ownership of the Company Common Stock immediately
    prior to the transaction, other than changes in proportionality as a result of any cash/stock election provided under the terms of the definitive agreement regarding such transaction) 50% or more of all of the voting power of the outstanding shares of
    Voting Stock of the surviving or resulting entity in such transaction immediately following the consummation of such transaction or (iv)&#160;a majority of the Board of Directors is no longer composed of (x)&#160;directors who were directors of the Company on
    the Closing Date and (y)&#160;directors who were nominated for election or elected or appointed to the Board of Directors with the approval of a majority of the directors described in subclause&#160;(x) together with any incumbent directors previously elected or
    appointed to the Board of Directors in accordance with this subclause&#160;(y).</p>
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    providing financing for a Company Acquisition or any other purchase of Target securities or assets (in each case other than the Acquisition) after termination of this Agreement, including, without limitation, any other type of security, cash or
    indebtedness of the Company or its affiliates that would serve as an alternative to the amount of Notes that would have been issued under this Agreement.</p>
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    the interests of the Purchasers, taken as a whole, under this Agreement or to the extent required by the Takeover Code, the Takeover Panel, any applicable law or regulation, any applicable stock exchange or any applicable governmental or other
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    or other security that is issued as or pursuant to) a dividend, stock split, combination or any reclassification, recapitalization, merger, consolidation, exchange or any other distribution or reorganization with respect to, or in exchange for, or in
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<u>Underwritten Offering</u>&#8221; shall mean a sale of Registrable Securities to an underwriter or underwriters for reoffering to the public,
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    meaning of Treasury Regulations Section&#160;301.7701-2(a)), if the person treated as the owner of such entity for U.S. federal income tax purposes is described in clause&#160;(a).</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<u>WKSI</u>&#8221; shall mean a &#8220;well known seasoned issuer&#8221; as defined under Rule&#160;405.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;1.02 <u>General Interpretive Principles</u>. Whenever used in this Agreement, except as otherwise expressly provided or unless the
    context otherwise requires, any noun or pronoun shall be deemed to include the plural as well as the singular and to cover all genders. The name assigned to this Agreement and the section captions used herein are for convenience of reference only and
    shall not be construed to affect the meaning, construction or effect hereof. Whenever the words &#8220;include,&#8221; &#8220;includes,&#8221; or &#8220;including&#8221; are used in this Agreement, they shall be deemed to be followed by the words &#8220;without limitation.&#8221; Unless otherwise
    specified, the terms &#8220;hereto,&#8221; &#8220;hereof,&#8221; &#8220;herein&#8221; and similar terms refer to this Agreement as a whole (including the exhibits, schedules and disclosure statements hereto), references to &#8220;the date hereof&#8221; refer to the date of this Agreement and
    references herein to Articles or Sections refer to Articles or Sections of this Agreement. References to the Co-operation Agreement between the Company and the Target substantially in the form attached as <u>Exhibit E</u> hereto and the Scheme
    Circular or other Offer Document, in each case produced in accordance with the first Announcement, the Co-operation Agreement and the Takeover Code (and as may be amended or restated except to the extent such amendment or restatement contains a
    Specified Modification unless such Specified Modification is consented to in writing by each Purchaser). Unless the context otherwise requires, any reference to any rule, regulation, ordinance, order, protocol or law or agreement, instrument, exhibit
    or schedule defined or referred to herein or in any agreement, instrument, exhibit or schedule that is referred to or defined herein means such rule, regulation, ordinance, order, protocol or law or agreement, instrument, exhibit or schedule as from
    time to time amended, modified or supplemented, including by succession of comparable successor rule, regulation, ordinance, order, protocol or law, and references to all attachments thereto and instruments incorporated therein. For the avoidance of
    doubt, notwithstanding anything in this Agreement to the contrary, none of the Notes will have any right to vote or any right to receive any dividends or other distributions that are made or paid to the holders of the shares of Company Common Stock,
    except as otherwise expressly provided in the Indenture. The word &#8220;or&#8221; shall not be exclusive.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="text-transform: uppercase">Article&#160;II.</font><u><br>
      <br>
      SALE AND PURCHASE OF THE NOTES</u></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;2.01 <u>Sale and Purchase of the Notes</u>. Subject to the terms and conditions of this Agreement, at the Closing, the Company shall
    issue and sell to each Purchaser, and each Purchaser shall purchase and acquire from the Company, severally and not jointly, the applicable principal amount of the Notes listed opposite each such Purchaser&#8217;s name on <u>Schedule I</u> hereto for a
    purchase price equal to the purchase price as set forth opposite each such Purchaser&#8217;s name on <u>Schedule I</u> hereto (such price, the &#8220;<u>Purchase Price</u>&#8221;).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;2.02 <u>Closing</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The closing (the &#8220;<u>Closing</u>&#8221;) of the purchase and sale of the Notes hereunder shall take place at the offices of Gibson, Dunn &amp;
    Crutcher LLP located at 310 University Avenue, Palo Alto, California 94301 either, at the election of the Purchasers, (i) substantially concurrently with the occurrence of the Effective Date or (ii) on such later date as the Purchaser shall specify in
    writing, such date to be no later than the 10<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day following the date of the occurrence of the Effective Date (the date on which Closing occurs, the &#8220;<u>Closing Date</u>&#8221;);

    <u>provided</u> that the Company shall specify the date of the Effective Date in a written notice delivered to the Purchasers at least 7 Business Days prior to the date of the occurrence of the Effective Date and the Closing shall not occur (without
    the Purchasers&#8217; prior written consent) prior to the date that is 20 days following the delivery of such written notice.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;To effect the purchase and sale of Notes, upon the terms and subject to the conditions set forth in this Agreement, at the Closing:</p>
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    shall deliver the fully executed Indenture to each Purchaser, against</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify">payment in full by or on behalf of each Purchaser of the Purchase Price for the Notes of such Purchaser as set forth opposite each such Purchaser&#8217;s name
    on <u>Schedule I</u> hereto;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Company shall issue and deliver to each Purchaser the applicable portion of the Notes, registered in the name of each
    Purchaser, against payment in full by or on behalf of such Purchaser of the Purchase Price for the Notes of such Purchaser as set forth opposite each such Purchaser&#8217;s name on <u>Schedule I</u> hereto ;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;each Purchaser shall, severally and not jointly, cause a wire transfer to be made in same day funds to an account of the
    Company designated in writing by the Company to such Purchaser in an amount equal to the Purchase Price for the Notes of each such Purchaser as set forth opposite each such Purchaser&#8217;s name on <u>Schedule I</u> hereto;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the obligations of each Purchaser to purchase the Notes on the Closing Date as provided herein are subject to the satisfaction or waiver
    of the following conditions as of the Closing:</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;no Governmental Entity of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any decision,
    injunction, decree, ruling, law or order enjoining or otherwise prohibiting or making illegal the consummation of the issuance and purchase of the Notes contemplated hereunder;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Company and the Trustee shall have duly executed the Indenture on the Closing Date and delivered the Indenture to the
    Purchasers, the Company shall have duly executed, and the Trustee shall have duly authenticated, the Notes and the Company shall have delivered the duly executed and authenticated Notes to the Purchasers;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the representations and warranties of the Company (made for purposes of this Section&#160;2.02(c)(iii) in relation to the
    Company only and not in respect of any of its Subsidiaries or the Target and its Subsidiaries and excluding any procurement obligation in respect of any Subsidiary of the Company, the Target and its Subsidiaries) set forth in:</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">(A)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Section&#160;3.01(a), as modified for purposes of this Closing representation and warranty to limit the overall scope of this representation and warranty
    such that it applies to consummation of the issuance and sale of the Notes contemplated hereunder rather than the consummation of the Transactions and to separately exclude any representation given in relation to the good standing of the Company;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">(B)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Section&#160;3.01(c), as modified for purposes of this Closing representation and warranty to limit the overall scope of this representation and warranty
    such that it applies to consummation of the issuance and sale of the Notes contemplated hereunder rather than the consummation of the Transactions;</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 0pt 1in; text-indent: 0.5in">(C)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Section&#160;3.01(e); and</p>
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    such that it applies to consummation of the issuance and sale of the Notes contemplated hereunder rather than the consummation of the Transactions,</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">shall each be true and correct on and as of the Closing Date and <u>provided</u> that immediately after the issuance of the Notes on the Closing Date,
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Company shall have complied at all times in all material respects with the Takeover Code on or prior to the Closing Date
    (subject to any waiver or dispensation granted by the Takeover Panel) and all applicable laws or regulations relating to the Acquisition, except where non-compliance would not be materially prejudicial to the interests of the Purchasers, taken as a
    whole, under this Agreement);</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;each Purchaser shall have received a certificate, dated as of the Closing Date, duly executed by the chief executive officer
    or the chief financial officer of the Company on behalf of the Company, certifying that the conditions specified in Section 2.02(c)(i), 2.02(c)(iii), 2.02(c)(iv), 2.02(c)(viii) and 2.02(c)(ix) have been satisfied;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Effective Date (x) shall have occurred on or prior to the Closing Date or (y) shall occur on the Closing Date, in each
    case, in all material respects in accordance with the Offer Documents in the final form delivered to the Purchasers pursuant to Section 3.01(r) and in any event without any Material Offer Modification unless such Material Offer Modification is
    consented to in writing by each Purchaser; and</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the obligations of the Company to sell the Notes to each Purchaser on the Closing Date as provided herein are subject to the satisfaction
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the representations and warranties of each Purchaser set forth in Section&#160;3.02(a), (b) and (c) shall be true and correct in
    all material respects on the date hereof and as of the Closing Date, and the Company shall have received a certificate, dated as of the Closing Date, duly executed by an authorized person of each Purchaser on behalf of such Purchaser, certifying that
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Company Acquisition (x) shall have been consummated on or prior to the Closing Date or (y) shall be consummated
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subject to Section 2.03(b) and notwithstanding any other term of the Transaction Agreements, during the Certain Funds Period, no Purchaser
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;refuse to purchase the applicable portion of the Notes;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;be entitled to take any action to rescind, terminate or cancel this Agreement (or any provision hereof or obligation
    hereunder);</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;exercise any right of set-off or counterclaim arising out of or relating to this Agreement or the purchase of the Notes
    contemplated hereby;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;demand or require repayment or prepayment of any sum from the Company;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;take any other action or make or enforce any claim (in its capacity as the Purchaser) which would directly or indirectly
    prevent the purchase of the Notes contemplated hereby; or</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&#160;&#160;&#160;&#160;&#160;&#160;&#160;make or enforce any claim under any indemnity, including, but not limited to Section&#160;4.10 Section&#160;4.15 and Section&#160;6.06;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><u>provided</u> that, immediately upon the expiry of the Certain Funds Period, all such rights, remedies and entitlements shall be available to the Purchasers,
    notwithstanding that they may not have been used or been available for use during the Certain Funds Period.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subject to satisfaction of the conditions in Section 2.02, the Purchaser shall purchase the Notes.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;2.04 <u>Termination</u>.&#160; This Agreement, and all rights and obligations of the parties to this Agreement provided herein, shall
    terminate, and be of no further force or effect prior to the Closing:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;upon the lapsing or withdrawal, as applicable, of the Scheme or Takeover Offer in accordance with the Takeover Code; or</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;upon the failure of the Closing to occur on or prior to the last day of the Certain Funds Period (the &#8220;<u>Termination Date</u>&#8221;) unless,
    solely in the case of this clause (b), the Offer Documents have been amended in accordance with this Agreement, and with the consent of the Purchasers, to extend such Certain Funds Period, in which case the Termination Date shall be automatically
    extended in like manner;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><u>provided</u>, in each case of clauses (a) and (b), so long as the Company has publicly announced (without retraction) that it is no longer pursuing or planning to
    pursue an acquisition of Target (whether pursuant to a Scheme, Takeover or otherwise); provided that no such termination shall relieve any party hereto of liability for any breach or default under this Agreement prior to such termination.
    Notwithstanding anything to the contrary contained herein, Section&#160;4.15, Section&#160;6.06, Section&#160;6.07, Section&#160;6.08, Section&#160;6.09, Section&#160;6.10. Section&#160;6.12, Section&#160;6.13 and Section&#160;6.14 shall survive any termination of this Agreement. If this
    Agreement is terminated pursuant to the foregoing, the Company shall pay an amount to each Purchaser payable in U.S. dollars equal to 33% of any breakage fee or other payments which the Company actually receives from the Target that are in excess of
    (x) the Company&#8217;s aggregate out-of-pocket expenses that are reimbursed by the Target and (y) the Company&#8217;s aggregate out-of-pocket expenses that are incurred in connection with collection of any such breakage fee or other payments. Such payment shall
    be made within two (2) Business Days of the receipt of such funds by the Company from the Target by wire transfer in immediately available funds to one or more accounts to be specified by the Purchasers to the Company.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><font style="text-transform: uppercase">Article&#160;III.</font><u><br>
      <br>
      REPRESENTATIONS AND WARRANTIES</u></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-align: justify; text-indent: 0.5in">Section&#160;3.01 <u>Representations and Warranties of the Company</u>. Except as disclosed in the Company Reports filed with or furnished to the SEC
    on or after July 1, 2023 and publicly available prior to the date hereof (excluding in each case any disclosures set forth in the risk factors or &#8220;forward-looking statements&#8221; sections of such reports, and any other disclosures included therein to the
    extent they are predictive or forward-looking in nature), the Company represents and warrants (it being understood and agreed that prior to the Closing, all representations and warranties of the Company with respect to the Target or any of its
    Subsidiaries are made (i) to the actual knowledge of the Company and (ii) only as of the date of this Agreement and not as of any subsequent date) to the Purchasers, as of the date hereof and as of the Closing Date (except for any representations and
    warranties that speak as of a specific date, which shall be true and correct as of such date), as follows:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Existence and Power</u>. The Company, the Target and each of their respective Subsidiaries is duly organized, validly existing and in
    good standing (to the extent that the concept of &#8220;good standing&#8221; is recognized by the applicable jurisdiction) under the laws of its jurisdiction of organization and has all requisite corporate power and authority to enter into each Transaction
    Agreement and to consummate the Transactions. Except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, the Company, the Target and their respective Subsidiaries have all requisite corporate power
    and authority to own, operate and lease its rights, assets and properties and to carry on its business as it is being conducted on the date of this Agreement. Except as would not, individually or in the aggregate, reasonably be expected to have a
    Material Adverse Effect, the Company, the Target and their respective Subsidiaries have been duly qualified as a foreign corporation for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or
    leases properties, rights and assets, or conducts any business so as to require such qualification.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Capitalization</u>. The authorized share capital of the Company consists of 1,000,000,0000 shares of Company Common Stock and 1,000,000
    shares of preferred stock, par value $0.001 per share (the &#8220;<u>Company Preferred Stock</u>&#8221;), of the Company. As of January 31, 2024, there were 222,565,774 shares of Company Common Stock issued and outstanding and no shares of Company Preferred Stock
    issued and outstanding. As of January 31, 2024, there were (i) no shares of Company Common Stock underlying certain Company restricted stock awards, (ii) 2,225,784 shares of Company Common Stock underlying certain Company performance-based awards,
    (iii) options to purchase an aggregate of 1,180,257 shares of Company Common Stock issued and outstanding, (iii) 6,897,110 shares of Company Common Stock underlying the Company&#8217;s restricted stock unit awards; and (iv) 3,978,223 shares of Company Common
    Stock reserved for issuance under the Company&#8217;s employee or director employment, compensation and/or benefit plans, programs, policies, agreements or other arrangements. Since January 31, 2024, (i) the Company has only issued options, shares of
    restricted stock, restricted stock units, or other rights to acquire shares of Company Common Stock in the ordinary course of business consistent with past practice and (ii) the only shares of capital stock issued by the Company were pursuant to
    restricted stock or otherwise pursuant to outstanding options, restricted stock units and other rights to purchase shares of Company Common Stock. All outstanding shares of Company Common Stock are duly authorized, validly issued, fully paid and
    nonassessable, and are not subject to and were not issued in violation of any preemptive or similar right, purchase option, call or right of first refusal or similar right. Except as set forth above, the Company has not issued any securities, the
    holders of which have the right to vote with the stockholders of the Company on any matter. Except as provided in this Agreement, the Notes and the Indenture and except as set forth in or contemplated by this Section 3.01(b), there are no existing
    options, warrants, calls, preemptive (or similar) rights, subscriptions or other rights, agreements or commitments obligating the Company to issue, transfer or sell, or cause to be issued, transferred or sold, any capital stock of the Company or any
    securities convertible into or exchangeable for such capital stock and there are no current outstanding contractual obligations of the Company to repurchase, redeem or otherwise acquire any of its shares of capital stock. The Company has not declared
    or paid any dividends.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Authorization</u>. The execution, delivery and performance of this Agreement, the Indenture, the Notes and the Services Agreement (the
    &#8220;<u>Transaction Agreements</u>&#8221;) and the consummation of the transactions contemplated herein and therein (including the Acquisition) (collectively, the &#8220;<u>Transactions</u>&#8221;) have been duly authorized by the Board of Directors and all other necessary
    corporate action on the part of the Company. Assuming this Agreement constitutes the valid and binding obligation of the Purchasers, this Agreement is a valid and binding obligation of the Company, enforceable against the Company in accordance with its
    terms, subject to the limitation of such enforcement by (A)&#160;the effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other laws affecting or relating to creditors&#8217; rights generally or (B)&#160;the rules
    governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law (the &#8220;<u>Enforceability Exceptions</u>&#8221;). On the
    Closing Date, the Indenture will be duly executed and delivered by the Company and, assuming the Indenture will be a valid and binding obligation of the Trustee, the Indenture will be a valid and binding obligation of the Company enforceable against
    the Company in accordance with its terms, subject to the Enforceability Exceptions. On the Closing Date, the Services Agreement will be duly executed and delivered by the Company and, assuming the Services Agreements will be a valid and binding
    obligation of the applicable Purchaser or other Affiliate thereof party thereto, the Services Agreement will be a valid and binding obligation of the Company enforceable against the Company in accordance with its terms, subject to the Enforceability
    Exceptions. Pursuant to resolutions in form and substance previously approved by the Purchasers, the Board of Directors has approved, and at the request of the Purchasers will approve in advance of the Closing, for the express purpose of exempting each
    such transaction from Section&#160;16(b) of the Exchange Act, pursuant to Rule&#160;16b-3 thereunder to the extent applicable and the transactions contemplated by the Transaction Agreements, including the acquisition of the Notes, any disposition of such Notes
    upon the conversion thereof, any acquisition of Company Common Stock upon conversion of the Notes, any deemed acquisition or disposition in connection therewith, and all transactions with the Company related thereto.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>General Solicitation; No Integration</u>. Other than with respect to SL and its Affiliates, neither the Company nor any other Person or
    entity authorized by the Company to act on its behalf has engaged in a general solicitation or general advertising (within the meaning of Regulation D of the Securities Act) of investors with respect to offers or sales of the Notes. The Company has
    not, directly or indirectly, sold, offered for sale, solicited offers to buy or otherwise negotiated in respect of, any security (as defined in the Securities Act) which, to its knowledge, is or will be integrated with the Notes sold pursuant to this
    Agreement.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Valid Issuance</u>. The Notes have been duly authorized by all necessary corporate action of the Company. When issued and sold against
    receipt of the consideration therefor, the Notes will be valid and legally binding obligations of the Company, enforceable in accordance with their terms, subject to the limitation of such enforcement by the Enforceability Exceptions. The Company has
    available for issuance the maximum number of shares (including make-whole shares) of Company Common Stock initially issuable upon conversion of the Notes if such conversion were to occur immediately following Closing. The Company Common Stock to be
    issued upon conversion of the Notes in accordance with the terms of the Notes has been duly authorized, and when issued upon conversion of the Notes, all such Company Common Stock will be validly issued, fully paid and nonassessable and free of
    pre-emptive or similar rights. As of the date hereof, the Company is a WKSI eligible to file a registration statement on Form S-3 under the Securities Act.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Non-Contravention/No Consents</u>. The execution, delivery and performance of the Transaction Agreements, the issuance of the shares of
    Company Common Stock upon conversion of the Notes in accordance with their terms and the consummation by the Company of the Transactions, does not conflict with, violate or result in a breach of any provision of, or constitute a default under, or
    result in the termination of or accelerate the performance required by, or result in a right of termination or acceleration under, (i)&#160;the certificate of incorporation, bylaws or other organizational documents of the Company, the Target or any of their
    respective Subsidiaries, (ii)&#160;any credit agreement, mortgage, note, indenture, deed of trust, lease, license, loan agreement or other agreement binding upon the Company, the Target or any of their respective Subsidiaries or (iii)&#160;any permit,</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">license, judgment, order, decree, ruling, injunction, statute, law, ordinance, rule, regulation, or Privacy Obligation applicable to the Company,
    the Target or any of their respective Subsidiaries, other than in the cases of clauses&#160;(ii) and (iii) as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Assuming the accuracy of the representations
    of each Purchaser set forth herein, other than (A)&#160;any required filings or approvals under the HSR Act, any foreign antitrust, competition laws or foreign direct investment laws, requirements or regulations in connection with the issuance of shares of
    Company Common Stock upon the conversion of the Notes, (B)&#160;the submission of a Listing Of Additional Shares Notification Form to the Nasdaq, (C)&#160;any required filings pursuant to the Exchange Act or the rules of the SEC or the Nasdaq, or (D)&#160;as have
    been obtained prior to the date of this Agreement, no consent, approval, order or authorization of, or registration, declaration or filing with, any Governmental Entity is required on the part of the Company or any of its Subsidiaries in connection
    with the execution, delivery and performance by the Company of this Agreement and the consummation by the Company of the Transactions (in each case other than the transactions contemplated by Article&#160;V), except for any consent, approval, order,
    authorization, registration, declaration, filing, exemption or review the failure of which to be obtained or made, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Reports; Financial Statements</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company has filed or furnished, as applicable, (A)&#160;its annual report on Form 10-K for the fiscal year ended July 1, 2023,
    (B)&#160;its quarterly reports on Form 10-Q for its fiscal quarters ended September 30, 2023 and December 30, 2023, (C)&#160;its proxy statement relating to the annual meeting of the stockholders of the Company held in November 2023 and (D)&#160;all other forms,
    reports, schedules, prospectuses, registration statements and other statements and documents required to be filed or furnished by it with the SEC under the Exchange Act or the Securities Act since July 1, 2023 (collectively, the &#8220;<u>Company Reports</u>&#8221;).

    As of its respective date, and, if amended, as of the date of the last such amendment, each Company Report complied in all material respects as to form with the applicable requirements of the Securities Act and the Exchange Act, and any rules and
    regulations promulgated thereunder applicable to such Company Report. As of its respective date, and, if amended, as of the date of the last such amendment, no Company Report contained any untrue statement of a material fact or omitted to state a
    material fact required to be stated therein or necessary to make the statements made therein, in light of the circumstances in which they were made, not misleading.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The consolidated balance sheet, and the related consolidated statement of income, stockholders&#8217; equity and cash flows,
    included in the Company Reports filed with the SEC under the Exchange Act (A)&#160;have been prepared from, and are in accordance with, the books and records of the Company and its Subsidiaries, (B)&#160;fairly present in all material respects the consolidated
    financial position of the Company and its consolidated Subsidiaries as of the dates shown and the results of the consolidated operations, changes in stockholders&#8217; equity and cash flows of the Company and its consolidated Subsidiaries for the respective
    fiscal periods or as of the respective dates therein set forth, (C)&#160;have been prepared in accordance with GAAP consistently applied during the periods involved, except as otherwise set forth therein or in the notes thereto, and (D)&#160;otherwise comply
    with the requirements of the SEC.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The consolidated balance sheet, and the related consolidated statement of income, changes in equity and cash flows of the
    Target (A)&#160;have been prepared from, and are in accordance with, the books and records of the Target and its Subsidiaries, (B)&#160;fairly present in all material respects the consolidated financial position of the Target and its consolidated Subsidiaries as
    of the dates shown and the results of the consolidated operations, changes in stockholders&#8217; equity and cash flows of the Target and its consolidated Subsidiaries for the respective fiscal periods or as of the respective dates therein set forth and
    (C)&#160;have been prepared in accordance with IFRS consistently applied during the periods involved, except as otherwise set forth therein or in the notes thereto.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company has established and maintains disclosure controls and procedures and internal control over financial reporting
    (as such terms are defined in paragraphs (e) and (f), respectively, of Rule 13a-15 under the Exchange Act) as required by Rule 13a-15 under the Exchange Act. The Company&#8217;s disclosure controls and procedures are reasonably designed to ensure that all
    material information required to be disclosed by the Company in the reports that it files or furnishes under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC, and that
    all such material information is accumulated and communicated to the Company&#8217;s management as appropriate to allow timely decisions regarding required disclosure and to make the certifications required pursuant to Sections 302 and 906 of the
    Sarbanes-Oxley Act of 2022 (the &#8220;<u>Sarbanes-Oxley Act</u>&#8221;), The Company&#8217;s management has completed an assessment of the effectiveness of the Company&#8217;s internal controls over financial reporting in compliance with the requirements of Section 404 of
    the Sarbanes-Oxley Act for the fiscal year ended July 1, 2023 and such assessment concluded that such controls were effective. Based on its most recent evaluation of internal controls over financial reporting prior to the date hereof, management of the
    Company has disclosed to the Company&#8217;s auditors and the audit committee of the Board of Directors (i) any significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting that are reasonably
    likely to adversely affect in any material respect the Company&#8217;s ability to report financial information and (ii) any fraud, whether or not material, that involves management or other employees who have a significant role in the Company&#8217;s internal
    controls over financial reporting, in each case, that was disclosed to the Company&#8217;s auditors or the audit committee of the Board of Directors in connection with its most recent evaluation of internal controls over financial reporting prior to the date
    hereof. The Company maintains a system of internal accounting controls designed to provide reasonable assurances regarding transactions being executed in accordance with management&#8217;s general or specific authorization, the reliability of financial
    reporting and the preparation of financial statements for external purposes in accordance with GAAP and the prevention or timely detection of unauthorized acquisition, use or disposition of the Company&#8217;s assets that could have a material effect on its
    financial statements.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Absence of Certain Changes</u>. Since July 1, 2023, (i) the Company, the Target and their respective Subsidiaries have conducted their
    respective businesses in all material respects in the ordinary course of business (other than in connection with the Transactions), and (ii)&#160;no events, changes or developments have occurred that, individually or in the aggregate, have had or would
    reasonably be expected to have a Material Adverse Effect.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>No Undisclosed Liabilities, etc</u>. As of the date hereof, there are no liabilities of the Company or any of its Subsidiaries or of
    the Target or any of its Subsidiaries that would be required by GAAP or IFRS, as applicable, to be reflected on the face of their respective balance sheets, except (i)&#160;liabilities reflected or reserved against in the financial statements or disclosed
    in the notes thereto contained in the Company Reports or in the financial statements of the Target, as applicable, (ii)&#160;liabilities incurred since December 30, 2023, in the ordinary course of business, (iii) liabilities incurred in connection with the
    Transactions and (iv)&#160;liabilities that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Compliance with Applicable Law</u>. Each of the Company, the Target and their respective Subsidiaries has complied in all respects
    with, and is not in default or violation in any respect of, any law, statute, order, rule, regulation, policy or guideline of any federal, state or local governmental authority, Privacy Obligation applicable to the Company, the Target or such
    Subsidiary, other than such non-compliance, defaults or violations that, individually or in the aggregate, have not had and would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(k)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Legal Proceedings</u>. As of the date hereof, none of the Company, the Target or any of their respective Subsidiaries is a party to
    any, and there are no pending, or to the knowledge of the Company, threatened, legal, administrative, arbitral or other proceedings, claims, actions or governmental investigations of any nature</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">against the Company, the Target or any of their respective Subsidiaries (i)&#160;that, individually or in the aggregate, have had or would reasonably be
    expected to have a Material Adverse Effect or (ii)&#160;that challenge the validity of or seek to prevent the Transactions. As of the date hereof, none of the Company, the Target or any of their respective Subsidiaries is subject to any order, judgment or
    decree of a Governmental Entity that, individually or in the aggregate, has had or would reasonably be expected to have a Material Adverse Effect. As of the date hereof, except as, individually or in the aggregate, has not had and would not reasonably
    be expected to have a Material Adverse Effect, there is no investigation or review pending or, to the knowledge of the Company, threatened by any Governmental Entity with respect to the Company, the Target or any of their respective Subsidiaries.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(l)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Anti-Corruption, Anti-Money Laundering, and Economic Sanctions Compliance</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company, the Target or any of their respective Subsidiaries, each of their respective officers and directors and, to the
    Company&#8217;s knowledge, their respective employees and agents acting on behalf of the Company, the Target or any of their respective Subsidiaries are, and for the past five years have been, in material compliance with: (A) anti-bribery and anti-corruption
    laws applicable to the Company, the Target or any of their respective Subsidiaries, including the Foreign Corrupt Practices Act of 1977 and the UK Bribery Act of 2010 (collectively, &#8220;<u>Anti-Corruption Laws</u>&#8221;); (B) the anti-money laundering statutes
    of all relevant jurisdictions, the rules and regulations promulgated thereunder and any other rules or regulations relating to anti-money laundering issued, administered or enforced by any relevant Governmental Entity (collectively, the &#8220;<u>Anti-Money
      Laundering Laws</u>&#8221;); and (C) economic sanctions administered or enforced by the Office of Foreign Assets Control and the U.S. Department of State, the United Nations Security Council, the European Union, His Majesty&#8217;s Treasury, or any other
    relevant sanctions authority (collectively, &#8220;<u>Sanctions</u>&#8221;). In the past five years, neither (x) the Company, the Target, any of their respective Subsidiaries or any of their respective officers or directors or (y) to the Company&#8217;s knowledge, any
    of its, the Target&#8217;s or any of their respective Subsidiaries&#8217; respective employees or agents acting on behalf of the Company, the Target or any of their respective Subsidiaries has made any offer or promise of, or has otherwise authorized, any direct
    or indirect payment or benefit to any foreign or domestic government official in violation of any Anti-Corruption Law. The Company, the Target and all of their respective Subsidiaries maintain policies and procedures designed to promote and achieve
    compliance with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and applicable Sanctions.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;In the past five years, the Company, the Target or any of their respective Subsidiaries have not engaged in any transactions
    or business dealings with any Person that is the subject or target of Sanctions, or in or with any country or territory that is the subject or target of comprehensive Sanctions in each case at the time of such transaction or business dealing (at the
    time of this Agreement, Crimea region of Ukraine, so-called People&#8217;s Republics of Donetsk and Luhansk, the non-government controlled areas of the Kherson and Zaporizhzhia regions of Ukraine, Cuba, Iran, North Korea and Syria).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;To the knowledge of the Company, no Governmental Entity is investigating or, in the past five years, has conducted,
    initiated or threatened any investigation of or action against the Company, the Target or any of their respective Subsidiaries in connection with an alleged or potential violation of any applicable Anti-Corruption Laws, Anti-Money Laundering Laws or
    Sanctions.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(m)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Intellectual Property</u>. Except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse
    Effect: (i) each of the Company, the Target and their respective Subsidiaries exclusively own their proprietary patents, trademarks, service marks, trade names, domain names and other source indicators, copyrights (including copyrights in IT Assets),
    know-how, trade secrets and other worldwide intellectual property rights (collectively, &#8220;<u>Intellectual Property</u>&#8221;) and have the right to use all other Intellectual Property used in the conduct of their businesses; (ii) the conduct of the
    Company&#8217;s, the Target&#8217;s and their respective Subsidiaries&#8217; businesses does not infringe, misappropriate or otherwise violate any Intellectual Property</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">of any Person and no Person is infringing, misappropriating or otherwise violating any Intellectual Property owned by the Company, the Target or a
    respective Subsidiary; (iii) each Person who has created or developed material Intellectual Property for or on behalf of the Company, the Target or a respective Subsidiary has assigned all of their rights in same to such entities, as applicable, to the
    extent such rights do not vest in such entities by operation of law, (iv) none of the Company, the Target or any of their respective Subsidiaries has distributed, conveyed or made available to third parties any software that is subject to any open
    source or similar license that requires the Company, the Target or any of their respective Subsidiaries to license or make available any of its or their material proprietary source code in such circumstances and (v) no Person (other than employees or
    service providers working on behalf of the Company, the Target or their respective Subsidiaries and subject to reasonable confidentiality arrangements) has the current or contingent right to access or possess any of the Company&#8217;s, the Target&#8217;s or any
    of their respective Subsidiaries&#8217; proprietary source code.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(n)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Data Security; Privacy</u>. The software, systems, networks, databases, websites, applications and other information technology assets
    (&#8220;<u>IT Assets</u>&#8221;) used by or on behalf of the Company, the Target and their respective Subsidiaries are adequate for the operation of their businesses as currently conducted and are free of material defects, malware, viruses or other corruptants.
    The Company, the Target and their respective Subsidiaries take, and have taken, reasonable actions (including implementing organizational, physical, administrative and technical measures) to protect and maintain the integrity, security, operation and
    redundancy of the IT Assets used by or on behalf of the Company, the Target and their respective Subsidiaries (including all data, including Personal Information and confidential data, stored thereon and processed thereby), and there have been no
    material violations, outages, breaches, interruptions, or unauthorized accesses to same, except as would not, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(o)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Investment Company Act</u>. The Company is not, and immediately after receipt of payment for the Notes will not be, an &#8220;investment
    company&#8221; 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; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(p)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Taxes and Tax Returns</u>. Except as, individually or in the aggregate, has not had and would not reasonably be expected to have a
    Material Adverse Effect:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Company and each of its Subsidiaries has timely filed (taking into account all applicable extensions) all Tax Returns
    required to be filed by it, and all such Tax Returns were correct and complete in all respects, and the Company and each of its Subsidiaries has paid (or has had paid on its behalf) to the appropriate Governmental Entity all Taxes that are required to
    be paid by it, except, in each case, with respect to matters contested in good faith or for which reserves have been established to the extent required by GAAP; and</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;there are no disputes pending, or claims asserted in writing, in respect of Taxes of the Company or any of its Subsidiaries
    for which reserves have not been established to the extent required by GAAP.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(q)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>No Piggyback or Preemptive Rights</u>. Other than this Agreement, there are no contracts, agreements or understandings between the
    Company and any person granting such person the right to (i) require the Company to include in any Registration Statement filed pursuant to Article&#160;V any securities other than the Subject Securities or (ii) preemptive rights to subscribe for the
    Company Common Stock issuable upon conversion of the Notes, except in each case of (i) and (ii), as may have been duly waived.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(r)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Offer Documents</u>. On or prior to the date hereof, the Company has furnished to each Purchaser the final form of the Offer Documents.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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    placement agent, financial advisor or finder in connection with the transactions contemplated by this Agreement whose fees the Purchasers would be required to pay.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(t)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>No Additional Representations</u>.</p>
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    expressly set forth in Section&#160;3.02 or in any certificate delivered by such Purchaser pursuant to this Agreement, and the Company has not relied on or been induced by any such information or any other representations or warranties (whether express or
    implied or made orally or in writing) not expressly set forth in Section&#160;3.02 or in any certificate delivered by such Purchaser pursuant to this Agreement.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company acknowledges and agrees that, except for the representations and warranties expressly set forth in Section&#160;3.02
    or in any certificate delivered by each Purchaser pursuant to this Agreement, (i) no person has been authorized by such Purchaser to make any representation or warranty relating to such Purchaser or otherwise in connection with the transactions
    contemplated hereby, and if made, such representation or warranty must not be relied upon by the Company as having been authorized by such Purchaser, and (ii) any materials or information provided or addressed to the Company or any of its Affiliates or
    representatives are not and shall not be deemed to be or include representations or warranties of such Purchaser, and the Company has not relied on any such information, unless any such materials or information are the subject of any express
    representation or warranty set forth in Section&#160;3.02 of this Agreement or in any certificate delivered by such Purchaser pursuant to this Agreement.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Organization; Ownership</u>. Such Purchaser is a limited partnership, duly organized, validly existing and in good standing under the
    laws of the State of Delaware and has all requisite limited partnership power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.</p>
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    Transactions to which it is a party. The execution, delivery and performance by such Purchaser of this Agreement and the consummation of the Transactions to which it is a party have been duly authorized by all necessary limited partnership action on
    behalf of such Purchaser. No other proceedings on the part of such Purchaser are necessary to authorize the execution, delivery and performance by such Purchaser of this Agreement and consummation of the Transactions to which it is a party. This
    Agreement has been duly and validly executed and delivered by such Purchaser. Assuming this Agreement constitutes the valid and binding obligation of the Company, this Agreement is a valid and binding obligation of such Purchaser, enforceable against
    such Purchaser in accordance with its terms, subject to the limitation of such enforcement by the Enforceability Exceptions.</p>
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    commitments in excess of the Purchase Price as set forth opposite such Purchaser&#8217;s name on <u>Schedule I</u> hereto.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
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    Transactions to which it is a party and the compliance by such Purchaser with any of the provisions hereof and thereof will not conflict with, violate or result in a breach of any provision of, or constitute a default under, or result in the
    termination of or accelerate the performance required by, or result in a right of termination or acceleration under, (a)&#160;any provision of such Purchaser&#8217;s organizational documents, (b)&#160;any mortgage, note, indenture, deed of trust, lease, loan agreement
    or other agreement binding upon such Purchaser or (c)&#160;any permit, license, judgment, order, decree, ruling, injunction, compliance review, consent decree, resolution agreement, monitoring agreement, statute, law, ordinance, rule or regulation
    applicable to such Purchaser or any of its Affiliates, other than in the cases of clauses&#160;(b) and (c) as would not reasonably be expected to materially and adversely affect or delay the consummation of the Transactions to which it is a party by such
    Purchaser.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Consents and Approvals</u>. No consent, approval, order or authorization of, or registration, declaration or filing with, or exemption
    or review by, any Governmental Entity is required on the part of such Purchaser in connection with the execution, delivery and performance by such Purchaser of this Agreement and the consummation by such Purchaser of the Transactions, except for any
    required filings or approvals under the HSR Act, any foreign antitrust, competition laws or foreign direct investment laws, requirements or regulations in connection with the issuance of shares of Company Common Stock upon the conversion of the Notes
    and any consent, approval, order, authorization, registration, declaration, filing, exemption or review the failure of which to be obtained or made, individually or in the aggregate, would not reasonably be expected to adversely affect or delay the
    consummation of the Transactions by such Purchaser.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Securities Act Representations</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Such Purchaser is an accredited investor (as defined in Rule&#160;501 of the Securities Act) and is aware that the sale of the
    Notes is being made in reliance on a private placement exemption from registration under the Securities Act. Such Purchaser is acquiring the Notes (and any shares of Company Common Stock issuable upon conversion of the Notes) for its own account, and
    not with a view toward, or for sale in connection with, any distribution thereof in violation of any federal or state securities or &#8220;blue sky&#8221; law, or with any present intention of distributing or selling such Notes (or any shares of Company Common
    Stock issuable upon conversion of the Notes) in violation of the Securities Act. Such Purchaser has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of its investment in such
    Notes (and any shares of Company Common Stock issuable upon conversion of the Notes) and is capable of bearing the economic risks of such investment. Such Purchaser has been provided a reasonable opportunity to undertake and has undertaken such
    investigation and has been provided with and has evaluated such documents and information as it has deemed necessary to enable it to make an informed and intelligent decision with respect to the execution, delivery and performance of this Agreement.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Neither such Purchaser (nor any of its Affiliates) is acting in concert, and neither such Purchaser (nor any of its
    Affiliates) has any agreement or understanding, with any Person that is not an Affiliate of such Purchaser, and is not otherwise a member of a &#8220;group&#8221; (as defined in Section 13(d)(3) of the Exchange Act), with respect to the Company or its securities,
    in each case, other than with respect to any bona fide loan from one or more financial institutions.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Brokers and Finders</u>. Such Purchaser has not retained, utilized or been represented by, or otherwise become obligated to, any
    broker, placement agent, financial advisor or finder in connection with the transactions contemplated by this Agreement whose fees the Company would be required to pay.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Ownership of Shares. </u>None of the Purchasers or their Affiliates Beneficially Own any shares of Company Common Stock (without
    giving effect to the issuance of the Notes hereunder) other than any</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">shares of Company Common Stock Beneficially Owned by managing directors, officers or other employees of SL in their respective individual
    capacities.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>No Additional Representations</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Such Purchaser acknowledges that the Company does not make any representation or warranty as to any matter whatsoever except
    as expressly set forth in Section&#160;3.01 or in any certificate delivered by the Company pursuant to this Agreement, and specifically (but without limiting the generality of the foregoing), that, except as expressly set forth in Section&#160;3.01 or in any
    certificate delivered by the Company pursuant to this Agreement, the Company makes no representation or warranty with respect to (A)&#160;any matters relating to the Company, the Target, each of their respective business, financial condition, results of
    operations, prospects or otherwise, (B)&#160;any projections, estimates or budgets delivered or made available to such Purchaser (or any of its Affiliates, officers, directors, employees or other representatives) of future revenues, results of operations
    (or any component thereof), cash flows or financial condition (or any component thereof) of the Company and its Subsidiaries or (C)&#160;the future business and operations of the Company and its Subsidiaries, and such Purchaser has not relied on or been
    induced by any such information or any other representations or warranties (whether express or implied or made orally or in writing) not expressly set forth in Section&#160;3.01 or in any certificate delivered by the Company pursuant to this Agreement. Such
    Purchaser acknowledges that (x) the Company does not control the Target or its Subsidiaries and has had limited ability to perform any due diligence review of the Target and its Subsidiaries and their respective business, financial condition, results
    of operations, prospects or otherwise, (y) there is no agreement between the Company and the Target pursuant to which the Target is making any representations and warranties to the Company that are comparable to those in this Agreement and (z) the
    Company does not make any representation or warranty as to (A) any projections, estimates or budgets delivered or made available to such Purchaser (or any of its Affiliates, officers, directors, employees or other representatives) of future revenues,
    results of operations (or any component thereof), cash flows or financial condition (or any component thereof) of the Target and its Subsidiaries or (B) the future business and operations of the Target and its Subsidiaries, and such Purchaser has not
    relied on or been induced by any such information or any other representations or warranties (whether express or implied or made orally or in writing).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Such Purchaser has conducted its own independent review and analysis of the business, operations, assets, liabilities,
    results of operations, financial condition and prospects of the Company and its Subsidiaries and acknowledges such Purchaser has been provided with sufficient access for such purposes. Such Purchaser acknowledges and agrees that, except for the
    representations and warranties expressly set forth in Section&#160;3.01 or in any certificate delivered by the Company pursuant to this Agreement, (i)&#160;no person has been authorized by the Company to make any representation or warranty relating to itself or
    its business or otherwise in connection with the transactions contemplated hereby, and if made, such representation or warranty must not be relied upon by such Purchaser as having been authorized by the Company, and (ii)&#160;any estimates, projections,
    predictions, data, financial information, memoranda, presentations or any other materials or information provided or addressed to such Purchaser or any of its Affiliates or representatives are not and shall not be deemed to be or include
    representations or warranties of the Company, and such Purchaser has not relied on any such materials or information, unless any such materials or information are the subject of any express representation or warranty set forth in Section&#160;3.01 of this
    Agreement or in any certificate delivered by the Company pursuant to this Agreement.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="text-transform: uppercase">Article&#160;IV.</font><u><br>
      <br>
      ADDITIONAL AGREEMENTS</u></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-align: justify; text-indent: 0.5in">Section&#160;4.01 <u>Taking of Necessary Action</u>. Each Purchaser, severally and not jointly, agrees with the Company and the Company agrees with
    each Purchaser to use its reasonable efforts promptly to take or cause to be taken all action, and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations (other than waive such party&#8217;s rights
    hereunder) to consummate and make effective the sale and purchase of the Notes (and any shares of Company Common Stock issuable upon conversion of the Notes) hereunder, subject to the terms and conditions hereof and compliance with applicable law. In
    case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes (and any shares of Company Common Stock issuable upon conversion of the Notes), the proper
    officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and at the sole expense of, the requesting party, including, without limitation, taking all action necessary to
    execute and deliver, and using reasonable best efforts to cause the Trustee to execute, deliver and, in the case of the Notes, duly authenticate, the Indenture, the Notes and the Services Agreement to the extent party thereto.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.02 <u>Restricted Period; No Transfer</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Notwithstanding any rights provided in Article&#160;V, each of the Purchasers agrees with the Company, severally and not jointly, that it shall
    not, without the Company&#8217;s prior written consent, directly or indirectly, during the Restricted Period, (a) sell, offer, transfer, assign, mortgage, hypothecate, gift, pledge or dispose of, enter into or agree to enter into any contract, option or
    other arrangement or understanding with respect to the sale, transfer, pledge, mortgage, hypothecation, gift, assignment or similar disposition of (any of the foregoing, a &#8220;<u>transfer</u>&#8221;), any of the Notes or any shares of Company Common Stock
    issuable or issued upon conversion or repurchase by the Company of any of the Notes or (b) enter into or engage in any hedge, swap, short sale, derivative transaction or other agreement or arrangement that transfers to any Third Party, directly or
    indirectly, in whole or in part, any of the economic consequences of ownership of the Notes or any shares of Company Common Stock issuable or issued upon conversion or repurchase by the Company of any of the Notes (such actions in clauses&#160;(a) and (b),
    &#8220;<u>Prohibited Transfers</u>&#8221;), excluding, in the case of each of clause (a) and (b), (i) any transfer to such Purchaser&#8217;s Affiliate (including any SL Affiliate) that (1)&#160;is an entity organized or incorporated under the laws of the United States, any
    State thereof or the District of Columbia and is a U.S. Person and (2)&#160;executes and delivers to the Company a Joinder becoming a Purchaser party to this Agreement and the Confidentiality Agreement and a duly completed and executed IRS Form W-9 (or a
    substantially equivalent form), (ii) any transfer to the Company or any of its Subsidiaries, (iii) any transfer to a Third Party for cash solely to the extent that the net proceeds of such sale are used to satisfy a margin call (<i>i.e., </i>posted as
    collateral) or repay a Permitted Loan to the extent necessary to satisfy a <i>bona fide</i> margin call, mandatory prepayment (or substantially similar) event or event of default on such Permitted Loan or avoid a <i>bona fide </i>margin call on such
    Permitted Loan that is reasonably likely to occur, (iv) any transfer to a Third Party in connection with the entry into a Permitted Debt Financing Transaction, (v) the tender of any Company Common Stock into any tender or exchange offer made to some or
    all of the holders of Company Common Stock by a Third Party for a number of outstanding shares of Voting Stock that, if consummated, would result in a Change in Control solely to the extent that (x) the Board of Directors has recommended such tender or
    exchange offer in a Schedule 14D-9 under the Exchange Act or (y) such tender offer or exchange offer is either (I) a tender offer or exchange offer for less than all of the outstanding shares of Company Common Stock or (II) part of a two-step
    transaction and the consideration to be received in the second step of such transaction is not identical in the amount or form of consideration (or the election of the type of consideration available to the holders of the Company Common Stock is not
    identical in the second step of such transaction) as the first step of such transaction (a &#8220;<u>Third Party Tender/Exchange Offer</u>&#8221;) (and any related conversion of Notes to the extent required to effect such tender or exchange) (for the avoidance of
    doubt, if such Third Party Tender/Exchange Offer does not close for any reason, the restrictions on transfer contained herein shall</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">continue to apply to any Company Common Stock received pursuant to the conversion of any Notes that had previously been converted to participate in
    any such tender or exchange offer), (vi) any transfer effected pursuant to and in accordance with the terms of any merger, consolidation or similar transaction consummated by the Company or (vii) with the prior written consent of the Company (the
    transfers contemplated by clauses&#160;(i) through (vii) are referred to herein as &#8220;<u>Permitted Transfers</u>&#8221;). Following the Restricted Period, each Purchaser shall not transfer any of the Notes or any shares of Company Common Stock issuable or issued
    upon conversion or repurchase by the Company of the Notes to any of its Affiliates that (i)&#160;is not an entity organized or incorporated under the laws of the United States, any State thereof or the District of Columbia or is not a U.S. Person or
    (ii)&#160;does not execute and deliver to the Company a Joinder becoming a Purchaser party to this Agreement and the Confidentiality Agreement or does not deliver to the Company a duly completed and executed IRS Form W-9. Any purported Prohibited Transfer
    in violation of this Section&#160;4.02 shall be null and void <i>ab initio</i>. Notwithstanding the foregoing, each Purchaser (or a controlled Affiliate of such Purchaser) shall be permitted to (i)&#160;mortgage, hypothecate, and/or pledge the Notes, any
    Additional Securities and/or the shares of Company Common Stock issuable or issued upon conversion or repurchase by the Company of the Notes or such Additional Securities in respect of one or more <i>bona fide</i> purpose (margin) or <i>bona fide</i>
    non-purpose loans (each, a &#8220;<u>Permitted Loan</u>&#8221;) or (ii) enter into any asset swap or repurchase transaction with one or more banks or broker-dealers engaged in the business of financing debt securities and similar instruments, which may or may not
    be secured by a pledge, hypothecation or other grant of security interest in the Notes, any Additional Securities and/or the shares of Company Common Stock and/or related assets and/or cash, cash equivalents and/or letters of credit, including, without
    limitation, any transaction pursuant to which such Purchaser or such controlled Affiliate thereof, as applicable, transfers Notes, Additional Securities and/or shares of Company Common Stock held by it to such bank or broker-dealer, <u>provided</u>,
    that, in the case of any transaction described in this clause&#160;(ii), such transaction is entered into solely for the purpose of providing liquidity and leverage and such Purchaser or such controlled Affiliate retains 100% of the economic exposure to the
    underlying Notes, Additional Securities and/or shares of Company Common Stock, as the case may be, following any such transfer (each, a &#8220;<u>Permitted Debt Financing Transaction</u>&#8221;). Any Permitted Loan or Permitted Debt Financing Transaction entered
    into by such Purchaser or its controlled Affiliate shall be with one or more financial institutions (or, in the case of a Permitted Debt Financing Transaction, with one or more banks or broker-dealers) and nothing contained in this Agreement shall
    prohibit or otherwise restrict the ability of (x) any lender (or its securities&#8217; Affiliate), collateral agent or trustee to foreclose upon and sell, dispose of or otherwise transfer the Notes and/or shares of Company Common Stock (including shares of
    Company Common Stock received upon conversion or repurchase by the Company of the Notes following foreclosure on a Permitted Loan) mortgaged, hypothecated and/or pledged to secure the applicable obligations of the borrower following an event of default
    under a Permitted Loan or (y) any permitted counterparty pursuant to a Permitted Debt Financing Transaction to sell, dispose of or otherwise transfer the Notes and/or shares of Company Common Stock (including shares of Company Common Stock issued upon
    conversion of the Notes) purchased from such Purchaser (or its controlled Affiliate) or held as a hedge in connection with an event of default by such Purchaser or its controlled Affiliate under such Permitted Debt Financing Transaction. For the
    avoidance of doubt, the events of default with respect to a Permitted Debt Financing Transaction shall be credit events of the Purchasers and/or their controlled Affiliate, as obligors under such financing transaction, and other events of default
    customary in margin lending and liquidity or debt leverage facilities. Notwithstanding the foregoing or anything to the contrary herein, in the event that any lender or other creditor under a Permitted Loan transaction (including any agent or trustee
    on their behalf) or the permitted counterparty in any Permitted Debt Financing Transaction or any Affiliate of the foregoing exercises any rights or remedies in respect of the Notes or the shares of Company Common Stock issuable or issued upon
    conversion or repurchase by the Company of the Notes or any other collateral for any Permitted Loan or Permitted Debt Financing Transaction, as applicable, no lender, creditor, agent or trustee on their behalf or Affiliate of any of the foregoing
    (other than, for the avoidance of doubt, such Purchaser or any of its Affiliates) shall be entitled to any rights or have any obligations or be subject to any transfer restrictions or limitations hereunder (including, without limitation, the rights or
    benefits provided for in Section&#160;4.06 and Section&#160;4.07) except and to the extent for those expressly provided for in Article&#160;V, Section&#160;6.03 and the final sentence of Section&#160;6.07.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Notwithstanding anything in this Agreement or elsewhere to the contrary, any sale of Notes or Company Common Stock shall be subject to any
    applicable limitations set forth in this Section&#160;4.02 and Article&#160;V but shall not be subject to any policies, procedures or limitations (other than any applicable federal securities laws and any other applicable laws) otherwise applicable to the SL
    Affiliated Directors with respect to trading in the Company&#8217;s securities and the Company acknowledges and agrees that such policies, procedures or limitations applicable to the SL Affiliated Directors shall not be violated by any such transfer, other
    than any applicable federal securities laws and any other applicable laws.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.03 <u>Standstill</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each Purchaser agrees that, during the Standstill Period (unless specifically requested in writing by the Company), such Purchaser shall
    not, and shall cause each of its Affiliates and Associates (collectively and individually, the &#8220;<u>Purchaser Affiliates</u>&#8221;) not to, directly or indirectly, in any manner, alone or in concert with others:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;make, engage in, or in any way participate in, directly or indirectly, any &#8220;solicitation&#8221; of proxies (as such terms are used
    in the proxy rules of the SEC but without regard to the exclusion set forth in Rule&#160;14a-1(l)(2)(iv)) or consents to vote, or seek to advise, encourage or influence any person with respect to the voting of any securities of the Company for the election
    of individuals to the Board of Directors or to approve stockholder proposals that have not been authorized and approved, or recommended for approval, by the Board of Directors, or become a &#8220;participant&#8221; in any contested &#8220;solicitation&#8221; (as such terms
    are defined or used under the Exchange Act) for the election of directors with respect to the Company, other than a &#8220;solicitation&#8221; or acting as a &#8220;participant&#8221; in support of all of the nominees of the Board of Directors at any stockholder meeting, or
    make or be the proponent of any stockholder proposal (pursuant to Rule&#160;14a-8 under the Exchange Act or otherwise);</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;form, join, encourage, influence, advise or in any way participate in any &#8220;group&#8221; (as defined in Section 13(d)(3) of the
    Exchange Act) with any persons who are not such Purchaser&#8217;s Purchaser Affiliates with respect to any securities of the Company or otherwise in any manner agree, attempt, seek or propose to deposit any securities of the Company or any securities
    convertible or exchangeable into or exercisable for any such securities in any voting trust or similar arrangement, or subject any securities of the Company to any arrangement or agreement with respect to the voting thereof, except as expressly
    permitted by this Agreement;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;acquire, offer or propose to acquire, or agree to acquire, directly or indirectly, whether by purchase, tender or exchange
    offer, through the acquisition of control of another person, by joining a partnership, limited partnership, syndicate or other group (including any group of persons that would be treated as a single &#8220;person&#8221; under Section 13(d) of the Exchange Act),
    through swap or hedging transactions or otherwise, any securities of the Company or any rights decoupled from the underlying securities that would result in such Purchaser (together with its Purchaser Affiliates), having Beneficial Ownership of a
    number of shares of Company Common Stock that exceeds the number of shares of Company Common Stock that would have been issuable upon conversion of the Notes at such time (assuming for such purposes that all of the Notes issued at the Closing remained
    outstanding), excluding any issuance by the Company of shares of Company Common Stock or options, warrants or other rights to acquire Company Common Stock (or the exercise thereof) to any SL Affiliated Director as compensation for their membership on
    the Board of Directors; provided, that nothing herein will require any Notes, shares of Company Common Stock or other securities to be sold to the extent such Purchaser and such Purchaser&#8217;s Purchaser Affiliates, collectively, exceed the ownership limit
    under this paragraph as the result of a share repurchase or any other Company actions that reduces the number of outstanding shares of Company Common Stock. For the avoidance of doubt, this Section 4.03(a)(iii) shall not restrict conversion of the
    Notes and shall not be violated by any conversion rate adjustment. For purposes of this</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">Section 4.03(a)(iii), no securities Beneficially Owned by a portfolio company of such Purchaser or its Affiliates will be deemed to be
    Beneficially Owned by such Purchaser or any of its Affiliates only so long as (x) such portfolio company is not an Affiliate of such Purchaser for purposes of this Section 4.03 under the definition of &#8220;Affiliate&#8221; in this Agreement, (y) neither such
    Purchaser and nor any of its Purchaser Affiliates has encouraged, instructed, directed, assisted or advised such portfolio company with respect to the acquisition, voting or disposition of securities of the Company by the portfolio company and (z)
    neither such Purchaser or any of its Affiliates is a member of a &#8220;group&#8221; (as defined in Section 13(d)(3) of the Exchange Act) with that portfolio company with respect to any securities of the Company;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;effect or seek to effect, offer or propose to effect, cause or participate in, or in any way assist or facilitate any other
    person to effect or seek, offer or propose to effect or participate in, any tender or exchange offer, merger, consolidation, acquisition, scheme of arrangement, business combination, recapitalization, reorganization, sale or acquisition of all or
    substantially all assets, liquidation, dissolution or other extraordinary transaction involving the Company or any of its Subsidiaries or joint ventures or any of their respective securities (each, an &#8220;<u>Extraordinary Transaction</u>&#8221;), or make any
    public statement with respect to an Extraordinary Transaction; <u>provided</u> that, for the avoidance of doubt, this clause shall not preclude the tender by such Purchaser or its Purchaser Affiliate of any securities of the Company into any Third
    Party Tender/Exchange Offer (and any related conversion of Notes to the extent required to effect such tender) or the vote by such Purchaser or its Purchaser Affiliate of any voting securities of the Company with respect to any Extraordinary
    Transaction;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;(A) call or seek to call any meeting of stockholders of the Company, including by written consent, (B) seek representation on
    the Board of Directors, except as expressly set forth herein, (C) seek the removal of any member of the Board of Directors (other than an SL Affiliated Director in accordance with Section 4.07), (D) solicit consents from stockholders or otherwise act
    or seek to act by written consent with respect to the Company, (E) conduct a referendum of stockholders of the Company or (F) make a request for any stockholder list or other Company books and records, whether pursuant to Section 220 of the DGCL or
    otherwise;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&#160;&#160;&#160;&#160;&#160;&#160;&#160;take any action in support of or make any proposal or request that constitutes: (A) controlling or changing the Board of
    Directors or management of the Company, including any plans or proposals to change the number or term of directors or to fill any vacancies on the Board of Directors, (B) a material change in the capitalization or dividend policy of the Company, (C) a
    material change in the Company&#8217;s management, business or corporate structure, (D) seeking to have the Company waive or make amendments or modifications to the Company&#8217;s certificate of incorporation or bylaws, or other actions that may impede or
    facilitate the acquisition of control of the Company by any person, (E) causing a class of securities of the Company to be delisted from, or to cease to be authorized to be quoted on, any securities exchange; or (F) causing a class of equity securities
    of the Company to become eligible for termination of registration pursuant to Section 12(g)(4) of the Exchange Act;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;make statements reasonably expected to disparage or cause to be disparaged the Company or its Subsidiaries or any of its
    current or former officers or directors in a manner reasonably expected to cause harm to such person and using a means of communication that is reasonably expected to be and results in a broad dissemination of such remarks (<u>provided</u> such
    Purchaser or its applicable Affiliates shall have an opportunity to publicly cure any such statement within 2 Business Days after being informed by the Company that such Purchaser or its Affiliates have breached this clause (vi));</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;make any public disclosure, announcement or statement regarding any intent, purpose, plan or proposal with respect to the
    Board of Directors, the Company, its management, policies or affairs, any of its securities or assets or this Agreement that is inconsistent with the provisions of this Section 4.03; or</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ix)&#160;&#160;&#160;&#160;&#160;&#160;&#160;enter into any discussions, negotiations, agreements or understandings with any Third Party with respect to any of the
    foregoing, or advise, assist, knowingly encourage or seek to persuade any Third Party to take any action or make any statement with respect to any of the foregoing.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The foregoing provisions of Section 4.03(a) shall not be deemed to prohibit a Purchaser or any of its Purchaser Affiliates or their
    respective directors, executive officers, partners, employees or managing members or agents (acting in such capacity) from communicating privately with the Company&#8217;s directors, officers or advisors or requesting actions in connection with a Permitted
    Loan or Permitted Debt Financing Transaction consistent with Section 4.09, in each case so long as such communications are not intended to, and would not reasonably be expected to, require any public disclosure of such communications; <u>provided</u>,
    that no such person may request, directly or indirectly, any amendment, modification or waiver of this Section 4.03 (including this Section 4.03(b)) other than a confidential request made to the Company that would not reasonably be expected to require
    any public disclosure of such request.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Notwithstanding anything in this Section 4.03 to the contrary, if (i) the Company enters into a definitive agreement providing for a
    transaction that, if consummated, would result in a Change in Control and (ii) the Company had not, reasonably prior to entering into such definitive agreement, provided each Purchaser with a written notice inviting the Purchaser Affiliates to make one
    or more proposals or offers to effect a transaction that would result in Change in Control, then after the announcement of such transaction and prior to the earlier of any termination of such definitive agreement or Company stockholder approval of such
    definitive agreement, nothing in this Section 4.03 will prevent the Purchaser Affiliates (A) from submitting to the Board of Directors one or more bona fide proposals or offers for an alternative transaction involving, directly or indirectly, one or
    more Purchaser Affiliates, (B) pursuing and entering into any such alternative transaction with the Company and (C) taking any actions in furtherance of the foregoing, including actions relating to the delisting and/or deregistration of the Company&#8217;s
    securities, as applicable, and obtaining equity and/or debt financing for the alternative transaction as long as any proposal or offer is conditioned on the proposed transaction being approved by the Board of Directors.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;For purposes of this Section 4.03 only and notwithstanding anything herein to the contrary, in calculating any Purchaser&#8217;s Beneficial
    Ownership of shares of the Company Common Stock, the number of shares of Company Common Stock issuable upon conversion of the Notes Beneficially Owned by each Purchaser and its Affiliates as of any date shall be, for each $1,000 principal amount of the
    Notes, the sum of the Daily Share Amount (after giving effect to the applicable Cash Percentage then in effect) for the applicable Observation Period as defined and calculated pursuant to the Indenture as if such Note was being converted on such date
    (and assuming all such Notes would be converted by a single holder).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.04 <u>Securities Laws</u>. Each Purchaser, severally and not jointly, acknowledges and agrees that, as of the Closing Date, the Notes
    (and the shares of Company Common Stock that are issuable upon conversion or repurchase by the Company of the Notes) have not been registered under the Securities Act or the securities laws of any state and that they may be sold or otherwise disposed
    of only in one or more transactions registered under the Securities Act and, where applicable, such laws, or as to which an exemption from the registration requirements of the Securities Act and, where applicable, such laws, is available. Each
    Purchaser, severally and not jointly, acknowledges that, except as provided in Article&#160;V with respect to shares of Company Common Stock and the Notes, such Purchaser has no right to require the Company or any of its Subsidiaries to register the Notes
    or the shares of Company Common Stock that are issuable upon conversion or repurchase by the Company of the Notes.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.05 <u>Lost, Stolen, Destroyed or Mutilated Securities</u>. Upon receipt of evidence reasonably satisfactory to the Company of the loss,
    theft, destruction or mutilation of any certificate for any security of the Company and, in the case of loss, theft or destruction, upon delivery of an undertaking by the holder thereof to indemnify the Company (and, if requested by the Company, the
    delivery of an indemnity bond sufficient in the judgment of the Company to protect the Company from any loss it may suffer if a certificate is replaced), or, in the</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">case of mutilation, upon surrender and cancellation thereof, the Company will issue a new certificate or, at the Company&#8217;s option, a share ownership
    statement representing such securities for an equivalent number of shares or another security of like tenor, as the case may be.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.06 <u>Antitrust &amp; Foreign Investment Approval</u>. The Company and the Purchaser, severally and not jointly, acknowledge that one
    or more filings under the HSR Act, foreign antitrust laws or foreign direct investment laws may be necessary in connection with the issuance of shares of Company Common Stock upon conversion or repurchase by the Company of the Notes. Each Purchaser
    will promptly notify the Company if any such filing is required. To the extent reasonably requested, the Company, such Purchaser and any other applicable Purchaser Affiliate will use reasonable efforts to cooperate in timely making or causing to be
    made all applications and filings under the HSR Act, any foreign antitrust or any foreign direct investment requirements in connection with the issuance of shares of Company Common Stock upon conversion or repurchase by the Company of Notes held by
    such Purchaser or any Purchaser Affiliate in a timely manner and as required by the law of the applicable jurisdiction; <u>provided</u>, that, notwithstanding anything in this Agreement to the contrary, the Company shall not have any responsibility or
    liability for failure of such Purchaser or any of its Affiliates to comply with any applicable law. For as long as there are Notes outstanding and owned by a Purchaser or its Affiliates, the Company shall as promptly as reasonably practicable provide
    such information regarding the Company and its Subsidiaries as the Purchasers may reasonably request in order to determine what foreign antitrust and foreign direct investment requirements may exist with respect to any potential conversion of the
    Notes. Except as provided in Section&#160;6.06, each Purchaser shall be responsible for the payment of the filing fees associated with any such applications or filings.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.07 <u>Board Nomination Rights; Committees</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Effective immediately following the Closing and for so long as the Purchasers and their respective Affiliates collectively Beneficially
    Own 40% or more of the aggregate principal amount of the Notes Beneficially Owned by the Purchasers and their respective Affiliates collectively immediately following the Closing (<u>provided</u>, that (i) to the extent any such Notes have been
    converted into Company Common Stock, the Purchasers and their respective Affiliates shall be deemed to continue to own such Notes for purposes of calculating the principal amount of the Notes pursuant to this sentence for so long as they hold the
    shares of Company Common Stock issued upon such conversion and (ii) any shares of Company Common Stock, or instrument convertible into or exchangeable for Company Common Stock, in each case acquired by the Purchasers or their respective Affiliates
    following the Closing shall be included in the numerator but not the denominator in the calculation of Minimum Ownership Threshold) (the &#8220;<u>Minimum Ownership Threshold</u>&#8221;), the Purchasers shall have the right to designate one Purchaser Designee; <u>provided</u>
    that in the event of a Qualifying Spin-off (as defined in the Indenture), the Purchasers and their respective Affiliates shall retain board representation rights at the Company and the Spin Entity substantially equivalent to those set forth in this
    Agreement, with the Minimum Ownership Threshold being reduced pro rata based on the Remaining SL Securities (as defined in the Indenture) at the Company and the number of Spin Notes (as defined in the Indenture) issued at the Spin Entity (as defined in
    the Indenture), respectively. Ken Hao shall be deemed to be the initial Purchaser Designee and shall be appointed to the Board of Directors as a director with a term expiring at the Company&#8217;s next annual meeting of the Company&#8217;s stockholders following
    the Closing. At each annual meeting of the Company&#8217;s stockholders following the Closing Date at which the Purchaser Designee&#8217;s term as director expires (or, if the stockholders of the Company fail to elect the Purchaser Designee standing for election
    to the Board of Directors, the annual meeting of the Company&#8217;s stockholders following the Closing Date at which such Purchaser Designee&#8217;s term would have expired had the Purchaser Designee been elected to the Board of Directors), the Company shall
    nominate for election to the Board of Directors the Purchaser Designee; <u>provided</u>, that the Purchasers shall cease to have the right to designate any Purchaser Designees pursuant to this Section&#160;4.07 from and after such time as the Purchasers
    and their respective Affiliates fail to satisfy the Minimum Ownership Threshold.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subject to the terms and conditions of this Section&#160;4.07 and applicable law, for so long as the Purchasers shall have the right to
    designate the Purchaser Designee for appointment or nomination by the Company for election to the Board of Directors pursuant to Section 4.07(a), the Company agrees to include the Purchaser Designee in its slate of nominees for election as a director
    of the Company at each of the Company&#8217;s meetings of stockholders (or action by written consent of stockholders) pursuant to which directors are to be elected and to use its reasonable efforts to cause the election of the Purchaser Designee to the Board
    of Directors (for the avoidance of doubt, the Company will be required to use the same level of efforts and provide the same level of support as is used and/or provided for the other director nominees of the Company with respect to the applicable
    meeting of stockholders or action by written consent at which directors are to be elected). For the avoidance of doubt, failure of the stockholders of the Company to elect the Purchaser Designee to the Board of Directors shall not affect the right of
    the Purchasers to designate a Purchaser Designee pursuant to this Section&#160;4.07 in any future election of directors.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each subsequent Purchaser Designee must be a CEO, managing partner or managing director (or if there has been a Director Policy Change (as
    defined below), a director) of Silver Lake Technology Management, L.L.C. or other Silver Lake management entity or general partner selected by the Purchasers (or any successor thereto) that in each case is reasonably acceptable to the Board of
    Directors and who meets in all material respects all of the requirements of a director of the Company described in this Section&#160;4.07. As a condition to the Purchaser Designee&#8217;s appointment to the Board of Directors and nomination for election as a
    director of the Company pursuant to this Section&#160;4.07 (A)&#160;the Purchasers and such Purchaser Designee must in all material respects provide to the Company (1)&#160;all information reasonably requested by the Company that is required to be or is customarily
    disclosed for directors, candidates for directors, and their affiliates and representatives in a proxy statement or other filings under applicable law or regulation or stock exchange rules or listing standards, in each case, relating to their
    nomination or election as a director of the Company or the Company&#8217;s operations in the ordinary course of business and (2)&#160;information reasonably requested by the Company in connection with assessing eligibility, independence and other criteria
    applicable to directors or satisfying compliance and legal or regulatory obligations, in each case, relating to their nomination or election as a director of the Company or the Company&#8217;s operations in the ordinary course of business, with respect to
    the Purchasers, their respective Affiliates and the Purchaser Designee, (B)&#160;the Purchaser Designee must be qualified to serve as a director of the Company under applicable law and stock exchange rules regarding service as a director of the Company to
    the same extent as all other directors of the Company and (C) the Purchaser Designee must satisfy the requirements set forth in the Company&#8217;s Corporate Governance Guidelines and the Company&#8217;s Code of Business Conduct, in each case as currently in
    effect, with such changes thereto (or such successor policies) as are applicable to all other directors, in each case, as such changes or successor policies are adopted in good faith by the Board of Directors, and do not by their terms materially,
    adversely and disproportionately impact the Purchaser Designee relative to all other directors and as are consistent with clause&#160;(d) below (the &#8220;<u>Specified Guidelines</u>&#8221;) (for the avoidance of doubt, the Purchaser Designee shall not be required to
    qualify as an independent director under applicable stock exchange rules and federal securities laws and regulations); <u>provided</u>, that the Company hereby acknowledges and agrees that the foregoing criteria are deemed satisfied with respect to
    the initial Purchaser Designee. The Company will make all information requests pursuant to this Section&#160;4.07(c) in good faith in a timely manner that allows the Purchasers and the Purchaser Designee a reasonable amount of time to provide such
    information, and will cooperate in good faith with the Purchasers and the Purchaser Designee and their respective counsel in connection with their efforts to provide the requested information. Any other SL Affiliated Director nominated by the Company
    shall be subject to the same requirements as described in this Section&#160;4.07(c).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Purchasers acknowledge that at all times while serving as a member of the Board of Directors, each SL Affiliated Director will be
    required to comply with all policies, procedures, processes, codes, rules, standards and guidelines applicable to all non-executive members of the Board of Directors that (x)&#160;are included in the Specified Guidelines as currently in effect with such
    changes (or such successor policies) as are applicable to all other directors and as are not targeted towards, and are not disproportionately applicable to, the SL Affiliated Directors, or (y)&#160;relate to the confidentiality of Company business and
    information, including discussions</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">or matters considered in meetings of the Board of Directors or Committees to the extent not disclosed publicly by the Company (subject to the terms
    of the Confidentiality Agreement). Notwithstanding the foregoing, (i)&#160;under no circumstances will such policies, procedures, processes, codes, rules, standards and guidelines be violated by the Purchaser Designee for purposes hereof (x)&#160;receiving
    compensation from the Purchasers or any of their respective Affiliates or (y)&#160;failing to notify an officer or director, or receive the approval of, of the Company prior to accepting an invitation to serve on another board of directors and (ii)&#160;if such
    Specified Guidelines are in good faith changed in a manner that results in the Purchaser Designee no longer satisfying the Specified Guidelines in all material respects (any such changes to the Specified Guidelines, a &#8220;<u>Director Policy Change</u>&#8221;),
    then the Purchasers agree that they shall not designate the Purchaser Designee to be nominated by the Company for election to the Board of Directors at the annual meeting of the Company&#8217;s stockholders following such change at which the Purchaser
    Designee&#8217;s term as a director expires (or, if the stockholders of the Company fail to elect the Purchaser Designee to the Board of Directors, the annual meeting of the Company&#8217;s stockholders following the Closing Date at which the Purchaser Designee&#8217;s
    term would have expired had the Purchaser Designee been elected to the Board of Directors). The Company acknowledges and agrees that any share ownership requirement for the Purchaser Designee serving on the Board of Directors will be deemed satisfied
    by the securities Beneficially Owned by the Purchasers and/or their respective Affiliates and under no circumstances shall any of such policies, procedures, processes, codes, rules, standards and guidelines impose any restrictions on the Purchasers&#8217; or
    their respective Affiliates&#8217; transfers of securities, provided that the Purchasers and their respective Affiliates acknowledge that they are subject to applicable federal securities laws and any other applicable laws.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;For so long as an SL Affiliated Director is on the Board of Directors, the Company shall not implement or maintain any trading policy or
    similar guideline or policy with respect to the trading of securities of the Company that is targeted at any Purchaser or its Affiliates (including a policy that limits, prohibits or restricts any Purchaser or its Affiliates from entering into any
    hedging or derivative arrangements), in each case, other than with respect to any SL Affiliated Director in his or her personal capacity, which policy or guideline is applicable to all directors of the Company.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subject to the terms and conditions of this Section&#160;4.07 (including Section&#160;4.07(c)), if a vacancy on the Board of Directors is created as
    a result of the Purchaser Designee&#8217;s death, resignation, disqualification or removal (in each case, except with respect to a removal or resignation contemplated by Sections&#160;4.07(g) or (i)), or if the Purchasers desire to nominate a different individual
    to replace any then-existing Purchaser Designee, then, at the request of the Purchasers, the Purchasers and the Company shall work together in good faith to fill such vacancy or replace such nominee as promptly as reasonably practicable with a
    replacement Purchaser Designee subject to the terms and conditions hereof, and thereafter such individual shall as promptly as reasonably practicable be appointed to the Board of Directors to fill such vacancy and/or be nominated by the Company for
    election to the Board of Directors as a &#8220;Purchaser Designee&#8221; pursuant to this Section&#160;4.07 (as applicable).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company&#8217;s obligations under this Section&#160;4.07 with respect to the Purchaser Designee shall terminate and the Purchasers shall have no
    designation or nomination rights hereunder with respect to the Purchaser Designee if (i) the Company consolidates or merges with or into any Person and the Company Common Stock is, in whole or in part, converted into or exchanged for securities of a
    different issuer and/or cash in a transaction that will constitute a Change in Control and the shares of Company Common Stock are no longer listed on any national or international stock exchange, in which case the Purchaser Designee shall deliver his
    written resignation to the Board of Directors effective as of immediately prior to the effectiveness of such Change in Control, or (ii)&#160;(A) the Purchasers and their respective Affiliates, collectively, cease to satisfy the Minimum Ownership Threshold
    or (B)&#160;any of the Purchasers or any of their respective Affiliates, including the Purchaser Designee, is in material breach of Section&#160;4.02 or discloses Confidential Information to a Third Party in material breach of the terms and conditions of the
    Confidentiality Agreement, and in either such case the Purchaser Designee shall promptly offer to resign from the Board of Directors (and, if requested by the Company, promptly deliver his or her written resignation to the Board of Directors (which
    shall provide for his or her immediate</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">resignation), it being understood that it shall be in the Board of Directors&#8217; sole discretion whether to accept or reject such resignation). The
    Purchasers agree to cause, and agree to cause their Affiliates to cause, the Purchaser Designee to resign from the Board of Directors if the Purchaser Designee fails to resign if and when requested pursuant to this clause (g).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If the Purchaser Designee ceases to satisfy in all material respects the conditions and obligations set forth in clauses&#160;(c) through (d)
    of this Section&#160;4.07 (other than due to a Director Policy Change, which shall be governed by Section&#160;4.07(d)), the Company may notify the Purchasers thereof and following such notification, (x)&#160;the Purchaser Designee shall offer to resign from the
    Board of Directors (and, if requested by the Company, deliver his or her written resignation to the Board of Directors (which shall provide for his or her immediate resignation), it being understood that it shall be in the Board of Directors&#8217; sole
    discretion whether to accept or reject such resignation) and (y)&#160;the Purchasers shall be entitled to fill the vacancy created thereby in accordance with Section&#160;4.07(f). The Purchasers agree to cause, and agree to cause their respective Affiliates to
    cause, the Purchaser Designee to resign from the Board of Directors if the Purchaser Designee fails to resign if and when requested pursuant to this clause&#160;(h).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If the Purchasers and their respective Affiliates cease to satisfy the Minimum Ownership Threshold, then the Company may (in its sole
    discretion) request the resignation of the Purchaser Designee, and, following such request, the Purchaser Designee shall promptly offer to resign from the Board of Directors (and, if requested by the Company, promptly deliver his or her written
    resignation to the Board of Directors (which shall provide for his or her immediate resignation), it being understood that it shall be in the Board of Directors&#8217; sole discretion whether to accept or reject such resignation). The Purchasers agree to
    cause, and agree to cause their respective Affiliates to cause, the Purchaser Designee to resign from the Board of Directors if the Purchaser Designee fails to resign if and when requested pursuant to this clause&#160;(i).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5pt 0pt 0; text-align: justify; text-indent: 1in">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160;For so long as the Purchasers are entitled to designate a Purchaser Designee, the Purchaser Designee shall have the right, but
    not the obligation, to join any committee of the Board of Directors (each, a &#8220;<u>Committee</u>&#8221;) so long as he or she meets any applicable Independence Requirements. As used herein, &#8220;Independence Requirements&#8221; means any director and committee member
    independence requirements set forth pursuant to applicable law and the applicable rules and regulations of any stock exchange on which the Company Common Stock is listed, including the independence requirements established by the SEC, it being
    understood that the relationship of any Purchaser Designee with Silver Lake Group, L.L.C. and its Affiliates will not, by itself, prevent any such Purchaser Designee from satisfying the Independence Requirements. Notwithstanding the foregoing, if the
    Board of Directors shall establish a Committee to consider (i) a proposed contract, transaction or other arrangement between the Purchasers (or any of their respective Affiliates), on the one hand, and the Company or any of its Subsidiaries, on the
    other hand, or (ii) the enforcement or waiver of the rights of the Company or any of its Subsidiaries under any agreement between the Purchasers (or any of their respective Affiliates), on the one hand, and the Company or any of its Subsidiaries, on
    the other hand, then the Purchaser Designee may be excluded from participation in such Committee meeting (and any portion of a Board of Directors meeting at which such matters may be discussed by the full Board of Directors upon reasonable prior notice
    to the Purchaser Designee).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5pt 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(k)&#160;&#160;&#160;&#160;&#160;&#160;&#160;For the avoidance of doubt, notwithstanding anything in this Agreement or the Notes to the contrary, transferees of the Notes and/or the
    shares of Company Common Stock (other than Affiliates of the Purchasers who sign a Joinder) shall not have any rights pursuant to this Section&#160;4.07.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(l)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subject to the terms of the Confidentiality Agreement, for so long as the Purchasers shall have the right to designate the Purchaser
    Designee for appointment or nomination by the Company for election to the Board of Directors pursuant to Section&#160;4.07(a), (x) the Company shall provide to the Purchasers, Silver Lake Alpine Management Company II, L.L.C. and certain other Purchaser
    Affiliates designated by the Purchasers and acceptable to the Company access to (i) any materials or documents provided by the Company to the Board of</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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    <div style="page-break-after: always;" class="BRPFPageBreak">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Directors or any committee of the Board of Directors on which any SL Affiliated Director then serves substantially concurrently with the time such
    materials or documents are provided to the Board of Directors or such committee and (ii) reasonable access to the officers of the Company to discuss the Company&#8217;s affairs, finances, and accounts, during normal business hours, as may be reasonably
    requested by such Persons; <u>provided</u>, that the Company shall not be obligated to provide materials, documents or information that it reasonably and in good faith considers to be a trade secret or the disclosure of which would reasonably be
    likely to jeopardize the attorney-client privilege between the Company and its counsel or violate applicable law and (y) any SL Affiliated Director may share confidential, non-public information about the Company and its Subsidiaries (including any
    materials received in their capacities as a member of the Board of Directors or any Committee of the Company) with SL and its Affiliates and their respective limited partners, members and direct and indirect investors, in each case, on a confidential
    basis at least commensurate with the Confidentiality Agreement, taken as a whole. Notwithstanding the foregoing, the SL Affiliated Director may not share information that the Company reasonably and in good faith considers to be a trade secret or the
    disclosure of which would reasonably be likely to jeopardize the attorney-client privilege between the Company and its counsel or violate applicable law.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(m)&#160;&#160;&#160;&#160;&#160;&#160;&#160;To the fullest extent permitted by the DGCL and subject to any express agreement that may from time to time be in effect, the Company
    agrees that the Purchaser Designee, any SL Affiliated Director, any Purchaser and any SL Affiliate or any portfolio company thereof (collectively, &#8220;<u>Covered Persons</u>&#8221;) may, and shall have no duty not to, (i) invest in, carry on and conduct,
    whether directly, or as a partner in any partnership, or as a joint venturer in any joint venture, or as an officer, director, stockholder, equityholder or investor in any person, or as a participant in any syndicate, pool, trust or association, any
    business of any kind, nature or description, whether or not such business is competitive with or in the same or similar lines of business as the Company or any of its Subsidiaries, (ii) do business with any client, customer, vendor or lessor of any of
    the Company or its Affiliates; and/or (iii) make investments in any kind of property in which the Company may make investments. To the fullest extent permitted by the DGCL, the Company renounces any interest or expectancy to participate in any business
    or investments of any Covered Person as currently conducted or as may be conducted in the future, and waives any claim against a Covered Person, and shall indemnify each Covered Person against any Losses incurred by such Covered Person, and any and all
    Losses to which such Covered Person may become subject to, as a result of, arising in connection with or relating to a Covered Person&#8217;s breach of any fiduciary duty solely by reason of such person&#8217;s participation in any such business or investment. The
    Company shall pay in advance any reasonable, out-of-pocket expenses incurred by a Covered Person in defense of any claim for which such Covered Person is, or would reasonably be, expected to be entitled to indemnification under this Section&#160;4.07(m),
    except to the extent that a Covered Person is determined by a final, non-appealable order of a Delaware court having competent jurisdiction (or any other judgement which is not appealed in the applicable time) that such Covered Person is not entitled
    to indemnification under this Section&#160;4.07(m), in which case the Purchasers shall promptly reimburse to the Company any such advanced expenses. The Company agrees that in the event that a Covered Person acquires knowledge of a potential transaction or
    matter which may constitute a corporate opportunity for both (x) the Covered Person and (y) the Company or its Subsidiaries, the Covered Person shall not have any duty to offer or communicate information regarding such corporate opportunity to the
    Company or its Subsidiaries. To the fullest extent permitted by the DGCL, the Company hereby renounces any interest or expectancy in any potential transaction or matter of which the Covered Person acquires knowledge, except for any corporate
    opportunity which is expressly offered to a Covered Person in writing stating that such offer is intended solely for such Covered Person in his or her capacity</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">as a member of the Board of Directors, and waives any claim against each Covered Person, and shall indemnify each Covered Person against any Losses
    incurred by such Covered Person, and any and all Losses to which such Covered Person may become subject to, as a result of, arising in connection with or relating to a Covered Person&#8217;s breach of any fiduciary duty solely by reason of the fact that such
    Covered Person (A) pursues or acquires any corporate opportunity for its own account or the account of any Affiliate or other person, (B) directs, recommends, sells, assigns or otherwise transfers such corporate opportunity to another person or (C)
    does not communicate information regarding such corporate opportunity to the Company; <u>provided</u>, that, in each such case, that any corporate opportunity which is expressly offered to a Covered Person in writing stating that such offer is
    intended solely for such Covered Person in his or her capacity as a member of the Board of Directors shall belong to the Company. The Company shall pay in advance any reasonable, out-of-pocket expenses incurred by a Covered Person in defense of any
    claim for which such Covered Person is, or would reasonably be expected to be, entitled to indemnification under this Section&#160;4.07(m), except to the extent that a Covered Person is determined by a final, non-appealable order of a Delaware court having
    competent jurisdiction (or any other judgement which is not appealed in the applicable time) that such Covered Person is not entitled to indemnification under this Section&#160;4.07(m), in which case the Purchasers shall promptly reimburse to the Company
    any such advanced expenses.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(n)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Any SL Affiliated Director, for so long as he or she serves on the Board of Directors, shall be entitled to compensation and reimbursement
    in connection with his or her service or participation on the Board of Directors consistent with the policies and practices of the Company generally applicable to independent members of the Board of Directors.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.08 <u>Bid Management</u>.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;To the extent reasonably practicable and subject to the requirements of the Takeover Code, the Company shall (i) consult with the
    Purchasers and take into account the Purchasers&#8217; reasonable observations or comments prior to the Company or Bidco taking any material decision or action in connection with the Acquisition (including any action to modify, lapse, terminate or withdraw
    the Takeover Offer or the Scheme (as applicable)) and (ii) provide updates in reasonable detail to the Purchasers at such timings as are reasonably required to keep the Purchasers properly informed and upon reasonable request by the Purchaser in
    relation to the Acquisition (including regarding conversations with and communications from any regulatory authority or exchange, including the UK Panel on Takeovers and Mergers (the &#8220;<u>Takeover Panel</u>&#8221;), and with the Target, current or proposed
    management of the Target and shareholders of the Target), including, without limitation, delivering to each of the Purchasers (within 24 hours of receipt thereof) all material waivers, requests for consents, notices and/or amendments under the Offer
    Documentation and any other documentation contemplated under Section&#160;4.08(b)(iv).</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Without prejudice to the generality of Section&#160;4.08(a) above and subject to the requirements of the Takeover Code or any final ruling or
    decision of the Takeover Panel, the Company shall procure the consent of each of the Purchasers prior to:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any decision by the Company or Bidco as to whether to switch from a Scheme to a Takeover Offer (or vice versa) and/or
    incurring any obligation to make a mandatory takeover offer under Rule 9 of the Takeover Code;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any waiver or invocation by or on behalf of the Company or Bidco of any one or more of the Acquisition Conditions;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any amendment, modification, revision, extension, renewal, improvement or variation with respect to:</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">(A) &#160;&#160;&#160;&#160;&#160;&#160;&#160;any extension of the period in which holders of Target Shares may accept the terms of the Scheme or, as the case may be, the Takeover Offer
    (including by reason of the adjournment of any meeting or court hearing); and</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">(B)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any change to the consideration to be paid for each Target Share in connection with the Acquisition or the taking of any action causing or requiring
    the same;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&#160;&#160;&#160; other than as provided in paragraph (iii) above, any material amendment, modification, revision, extension, renewal, improvement
    or variation to the terms or structure of the Acquisition;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
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    and/or any other agreement to be entered into with the Target or the assumption of or incurrence by the Company of any liability or obligation, other than in connection with or related to any debt financing in connection with the Acquisition entered
    into at or around the time of the first Announcement (including any related hedging or similar arrangements);</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any amendment or waiver of the terms relating to the Company Acquisition Financing or to any Company Acquisition Financing
    Document in each case where the same is prejudicial to the interests of the Purchaser in connection with the Transactions and/or its obligations under this Agreement (it being agreed that any amendment or waiver of any provisions of any representation
    or warranty, covenant or undertaking in any Company Acquisition Financing Document relating to the conduct of any Scheme or Takeover Offer or the Acquisition (howsoever described) and any amendment to the overall commitments provided for under the
    Company Acquisition Financing shall be prejudicial to the interest of the Purchaser for purposes of this paragraph (vi));</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any other action which would reasonably be expected to impose a material obligation or liability on the Purchasers or their
    respective Affiliates with respect to or in connection with the Acquisition, other than any acts or agreements entered into by the Company or the Purchasers in accordance with this Agreement or related to any debt financing in connection with the
    Acquisition entered into at or around the time of the first Announcement (including any related hedging or similar arrangements).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Without prejudice to Sections 4.08(a) and (b) above and subject to the requirements of the Takeover Code or any final ruling or decision
    of the Takeover Panel, the Company shall provide the Purchasers with at least 7 Business Days&#8217; written notice prior to:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any waiver by or on behalf of the Company or Bidco of any one or more of the Acquisition Conditions, where such waiver would
    immediately result in the Acquisition becoming unconditional; and/or</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;a declaration by or on behalf of the Company or Bidco that the Acquisition is unconditional; and/or</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the date of the Effective Date.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.09 <u>Financing Cooperation</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If requested by a Purchaser, the Company will provide the following cooperation in connection with such Purchaser obtaining any Permitted
    Loan or Permitted Debt Financing Transaction: (i) subject to applicable law, (A) removing any restrictive legends on certificates representing pledged Notes or Additional Securities, as applicable, and depositing such pledged Notes or Additional
    Securities in book entry form on the books of The Depository Trust Company when eligible to do so or (B) without limiting the generality of clause&#160;(A), following the first anniversary of the Closing (in the case of the Notes) or if such Note or any
    Additional Security is eligible for resale under Rule&#160;144A, depositing such pledged Note or Additional Security in book entry form on the books of The Depository Trust Company or other depository with customary restrictive legends, (ii) if so requested
    by such lender or counterparty, as applicable, using commercially reasonable efforts to re-register the pledged Note or Additional Security in the name of the relevant lender, counterparty, custodian or similar party to a Permitted Loan or Permitted
    Debt Financing Transaction, with respect to Permitted Loans solely as securities intermediary and only to the extent such Purchaser or its Affiliates continues to Beneficially Own such pledged Note or Additional Security, (iii) entering into an issuer
    agreement (an &#8220;<u>Issuer Agreement</u>&#8221;) with each lender in reasonable and customary form in connection with such transactions (which agreement shall include,</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">without limitation, agreements and obligations of the Company relating to procedures and specified time periods for effecting transfers and/or
    conversions upon foreclosure, agreements to not hinder or delay exercises of remedies on foreclosure, acknowledgments regarding corporate policy, if applicable, certain acknowledgments regarding securities law status of the pledge arrangements) and
    with such additional terms as are reasonably requested by such lender and not inconsistent with the Company&#8217;s obligations under the Indenture and applicable law and reasonably acceptable to the Company, (iv) entering into customary triparty agreements
    with each lender and such Purchaser relating to the delivery of the Notes, Additional Securities and/or shares of the Company Common Stock to the relevant lender for crediting to the relevant collateral accounts upon funding of the loan and payment of
    the purchase price including a right for such lender as a third party beneficiary of the Company&#8217;s obligation under Article&#160;II to issue the Notes, Additional Securities and/or shares of Company Common Stock upon payment of the purchase price therefor
    in accordance with the terms of this Agreement and (v) such other cooperation and assistance as such Purchaser may reasonably request that will not unreasonably disrupt the operation of the Company&#8217;s business or impose any material burdens on the
    Company. Anything in the preceding sentence to the contrary notwithstanding, the Company&#8217;s obligation to deliver an Issuer Agreement is conditioned on (1) such Purchaser delivering to the Company a copy of the Permitted Loan to which the Issuer
    Agreement relates and (2) such Purchaser certifying to the Company in writing that (A) the loan agreement with respect to which the Issuer Agreement is being delivered constitutes a Permitted Loan being entered into in accordance with this Agreement,
    such Purchaser has pledged the Notes, Additional Securities and/or the underlying shares of Common Stock as collateral to the lenders under such Permitted Loan and that the execution of such Permitted Loan and the terms thereof do not violate the terms
    of this Agreement, (B) to the extent applicable, whether the registration rights under Article V are being assigned to the lenders under that Permitted Loan, (C) an Event of Default (as defined in the Issuer Agreement) constitutes the circumstances
    under which the lenders under the Permitted Loan may foreclose on the Notes, Additional Securities and/or the underlying shares of Company Common Stock and a Market Value Cure (as defined in the applicable margin loan agreement) constitutes
    circumstances under which such Purchaser may sell the Notes, Additional Securities and/or the underlying shares of Company Common Stock in order to satisfy a margin call or repay a Permitted Loan, in each case to the extent necessary to satisfy a bona
    fide margin call on such Permitted Loan and that such provisions do not violate the terms of this Agreement and (D) such Purchaser acknowledges and agrees that the Company will be relying on such certificate when entering into the Issuer Agreement and
    any inaccuracy in such certificate will be deemed a breach of this Agreement. Such Purchaser acknowledges and agrees that the statements and agreements of the Company in an Issuer Agreement are solely for the benefit of the applicable lenders party
    thereto and that in any dispute between the Company and such Purchaser under this Agreement such Purchaser shall not be entitled to use the statements and agreements of the Company in an Issuer Agreement against the Company.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Purchasers and their respective Affiliates shall notify the Company as promptly as practicable upon any foreclosure of a Permitted
    Loan or Permitted Debt Financing.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.10 <u>Certain Tax Matters</u>. Notwithstanding anything herein to the contrary, the Company shall have the right to deduct and withhold
    from any payment or distribution made with respect to the Notes (or the issuance of shares of Company Common Stock upon conversion or repurchase by the Company of the Notes) such amounts as are required to be deducted or withheld with respect to the
    making of such payment or distribution (or issuance) under any applicable Tax law. To the extent that any amounts are so deducted or withheld, such deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid to
    the person in respect of which such deduction or withholding was made. In the event the Company previously remitted any amounts to a Governmental Entity on account of Taxes required to be deducted or withheld in respect of any payment or distribution
    (or deemed distribution) on any Notes, the Company shall be entitled to offset any such amounts against any amounts otherwise payable in respect of such Notes (or the issuance of shares of Company Common Stock upon conversion or repurchase by the
    Company of the Notes). The Company and the Purchasers agree to (i) treat the Notes as indebtedness of the Company for U.S. federal and state income tax purposes and (ii) not treat the Notes as &#8220;contingent payment debt instruments&#8221; under U.S. Treasury
    Regulation Section&#160;1.1275-4, and, in each</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">case, no party shall take any inconsistent tax position in a tax return, tax filing, tax audit or other submission to a tax authority unless
    otherwise required by a final &#8220;determination&#8221; as defined under Section&#160;1313 of the Code.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.11 <u>Section&#160;16 Matters</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company shall provide the Purchasers a reasonable period of time (but in any event no less than three (3) days) to review and comment
    on the resolutions of the Board of Directors containing the resolutions contemplated under Section 3.01(c), prior to the adoption of such resolutions, and shall reflect all reasonable comments of the Purchasers or their counsel in the resolutions so
    adopted.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If the Company becomes a party to a consolidation, merger, spin off or other similar transaction or if there is any event or circumstance
    that may result in a Purchaser, its Affiliates and/or any SL Affiliated Director being deemed to have made an acquisition or disposition of equity securities of the Company or derivatives thereof for purposes of Section&#160;16 of the Exchange Act, and if
    any SL Affiliated Director is serving or participating on the Board of Directors at such time or has served on the Board of Directors during the preceding six months, to the fullest extent permitted by law, (i)&#160;the Board of Directors will pre-approve
    such acquisition or disposition of equity securities of the Company or derivatives thereof for the express purpose of exempting such Purchaser&#8217;s, its Affiliates&#8217; and any SL Affiliated Director&#8217;s interests (to the extent such Purchaser or its Affiliates
    may be deemed to be a director or &#8220;directors by deputization&#8221;) in such transaction from Section&#160;16(b) of the Exchange Act pursuant to Rule&#160;16b-3 thereunder and (ii)&#160;if the transaction involves (A)&#160;a merger, consolidation or spin-off to which the
    Company is a party and the Company Common Stock is, in whole or in part, converted into or exchanged for equity securities of a different issuer, (B)&#160;a potential acquisition or disposition by such Purchaser, such Purchaser&#8217;s Affiliates, and/or any SL
    Affiliated Director of equity securities of such other issuer or derivatives thereof and (C)&#160;an Affiliate or Associate or other designee of such Purchaser or its Affiliates will serve on the board of directors (or its equivalent) of such other issuer,
    then the Company shall require that such other issuer pre-approve any such acquisitions or dispositions of equity securities or derivatives thereof for the express purpose of exempting the interests of such Purchaser&#8217;s, its Affiliates&#8217; and any SL
    Affiliated Director&#8217;s (for such Purchaser and/or its Affiliates, to the extent such persons may be deemed to be directors or &#8220;directors by deputization&#8221; of such other issuer) in such transactions from Section&#160;16(b) of the Exchange Act pursuant to
    Rule&#160;16b-3 thereunder, to the extent applicable.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company covenants and agrees that (i) the Board of Directors shall pre-approve any material amendments to the Indenture for the
    express purpose of exempting the interests of each of the Purchasers, its Affiliates and any SL Affiliated Director (for such Purchaser and/or its Affiliates, to the extent such persons may be deemed to be directors or &#8220;directors by deputization&#8221; of
    such other issuer) in such amendment, from Section&#160;16(b) of the Exchange Act pursuant to Rule&#160;16b-3 thereunder, to the extent applicable and (ii) it shall provide the Purchasers a reasonable period of time to review and comment on the resolutions of
    the Board of Directors to be adopted to satisfy the foregoing clause (i), prior to such adoption, and shall reflect all reasonable comments of the Purchasers or their counsel in the resolutions so adopted.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.12 <u>D&amp;O Indemnification / Insurance Priority Matters</u>. Each SL Affiliated Director shall be offered an indemnification
    agreement consistent with the form thereof previously furnished by the Company to other members of the Board of Directors. The Company acknowledges and agrees that any SL Affiliated Director who is a partner, member, employee, advisor or consultant of
    SL or any of its Affiliates may have certain rights to indemnification, advancement of expenses and/or insurance provided by SL or such Affiliate (collectively, the &#8220;<u>Purchaser Indemnitors</u>&#8221;). The Company acknowledges and agrees that the Company
    shall be the indemnitor of first resort with respect to any indemnification, advancement of expenses and/or insurance provided in the Company&#8217;s certificate of incorporation, bylaws and/or indemnification agreement to any SL Affiliated Director in his
    or her capacity as a director of the Company or any of its Subsidiaries (such that the Company&#8217;s obligations to such indemnitees in their capacities as directors are primary and any obligation of the Purchaser Indemnitors to advance expenses or to
    provide indemnification or insurance for the same expenses or liabilities incurred by such</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">indemnitees are secondary). Such indemnitees shall, in their capacities as directors, be entitled to all the rights to indemnification, advancement
    of expenses and entitled to insurance to the extent provided under (i)&#160;the certificate of incorporation and/or bylaws of the Company as in effect from time to time and/or (ii)&#160;such other agreement (including Section&#160;5.06 hereof and the Services
    Agreement), if any, between the Company and such indemnitees, without regard to any rights such indemnitees may have against the Purchaser Indemnitors. No advancement or payment by the Purchaser Indemnitors on behalf of such indemnitees with respect to
    any claim for which such indemnitees have sought indemnification, advancement of expenses or insurance from the Company in their capacities as directors shall affect the foregoing and the Purchaser Indemnitors shall have a right of contribution and/or
    be subrogated to the extent of such advancement or payment to all of the rights of recovery of such indemnitees against the Company.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.13 <u>Conversion Price Matters</u>. The Conversion Price on the Closing Date will equal $10.22, and the Conversion Rate on the Closing
    Date (the &#8220;<u>Initial Conversion Rate</u>&#8221;) shall be the quotient (rounded to four decimal places) of $1,000 divided by such Conversion Price; <u>provided</u>, that if any event shall occur between the date hereof and the Closing Date (inclusive) that
    would have resulted in an adjustment to the Conversion Rate pursuant to Article 10 of the Indenture if the Notes had been issued and outstanding since the date hereof, the Initial Conversion Rate and the Make-Whole Applicable Increase set forth in
    Section&#160;10.14(b) of the Indenture shall be adjusted in the same manner as would have been required by Article 10 of the Indenture if the Notes had been issued and outstanding since the date hereof and the Conversion Price, Initial Conversion Rate and
    the Make-Whole Applicable Increase table included in the Indenture shall reflect such adjustment.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.14 <u>Other Matters</u>. Each Purchaser, severally and not jointly, agrees that (i)&#160;except in the case of a foreclosure under a
    Permitted Loan or Permitted Debt Financing pursuant to which the lender thereunder is obligated to exchange the foreclosed interest in the SL Securities for a security other than the SL Securities, such Purchaser and its Affiliates will only transfer
    their interests in the SL Securities to a Third Party if such Person receives such transferred interest in a Security other than the SL Securities and (ii)&#160;such Purchaser and its Affiliates may transfer an interest in the SL Securities to an Affiliate
    of such Purchaser and such Affiliate may continue to hold such transferred interest in the SL Securities solely to the extent that the Notes are transferable to such Affiliate under this Agreement.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.15 <u>Indemnification</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each Purchaser, its Affiliates and their respective officers, directors, members, employees, managers, general partners and agents (each,
    an &#8220;<u>Indemnitee</u>&#8221;) shall be indemnified to the fullest extent permitted by law by the Company for any and all Losses to which such Indemnitees may become subject as a result of, arising in connection with, or relating to (1) any actual or
    threatened claim, suit, action, arbitration, cause of action, complaint, allegation, criminal prosecution, investigation, inquiry, demand letter, or proceeding, whether at law or at equity, direct or derivative and whether public or private, before or
    by any Governmental Entity, any arbitrator or other tribunal (each, an &#8220;<u>Action</u>&#8221;) by any third party (including, without limitation, any stockholder of the Company and/or of the Target or any regulator and regardless of whether such Action is
    against an Indemnitee) related to the Transactions; <u>provided</u>, that the Company will not be liable to indemnify any Indemnitee for any such Losses to the extent that such Losses (i) have resulted from the Purchaser&#8217;s breach of this Agreement or
    an Indemnitee&#8217;s breach of the Confidentiality Agreement, (ii) related to any Action by a limited partner of, or other investor in, such Indemnitee in such Person&#8217;s capacity as a limited partner of, or other investor in, such Indemnitee, (iii) related
    to a Permitted Loan or other financing or hedging arrangement of such Purchaser or its Affiliates in connection with the applicable Purchaser&#8217;s or its Affiliates&#8217; investment in the Notes or (iv) have resulted from an Indemnitee&#8217;s willful misconduct or
    fraud in connection with the Transactions or (2) any breach of a representation or warranty in Article&#160;III hereto. The parties agree, for the avoidance of doubt, that this Section&#160;4.15 shall not apply to any matter for which indemnification is
    otherwise provided in Section&#160;5.06.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each Indemnitee shall give the Company prompt written notice (an &#8220;<u>Indemnification Notice</u>&#8221;) of any Action it has actual knowledge of
    that might give rise to Losses for which an Indemnitee would reasonably be likely to be entitled to indemnification under this Section&#160;4.15, which notice shall set forth a description of those elements of such Action of which such Indemnitee has
    knowledge, and shall promptly deliver to the Company any complaints with respect to such Action or other documents provided to such Indemnitee in connection therewith; <u>provided</u>, that any delay or failure to give such Indemnification Notice
    shall not affect the indemnification obligations of the Company hereunder except to the extent the Company is materially prejudiced (through the forfeiture of substantive rights or defenses) by such delay or failure.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company shall have the right, exercisable by written notice to the applicable Indemnitee(s) within 30 days of receipt of the
    applicable Indemnification Notice, to select counsel to defend and control the defense of any third party claim set forth in such Indemnification Notice and the Company shall pay all reasonable and documented fees and expenses of such counsel; <u>provided</u>,
    that the Company shall not be entitled to so select counsel or control the defense of any claim to the extent that (i) such claim seeks primarily non-monetary or injunctive relief against the Indemnitee or alleges any violation of criminal law, (ii)
    the Company does not, subsequent to its assumption of such defense in accordance with this clause&#160;(c), conduct the defense of such claim in good faith, (iii) any of the Indemnitees reasonably determines upon the advice of counsel that representation of
    all such Indemnitees by the same counsel would be prohibited by applicable codes of professional conduct, or (iv) in the event that, based on the reasonable advice of counsel for the applicable Indemnitee(s), there are one or more material defenses
    available to the applicable Indemnitee(s) that are not available to other defendants. If the Company does not assume the defense of any third party claim in accordance with this clause&#160;(c), the applicable Indemnitee(s) may continue to defend such claim
    at the sole cost of the Company and the Company may still participate in, but not control, the defense of such third party claim at the Company&#8217;s sole cost and expense. In no event shall the Company, in connection with any Action or separate but
    substantially similar Actions arising out of the same general allegations, be liable for the fees and expenses of more than one separate firm of attorneys at any time for all Indemnitees chosen by the applicable Purchaser together with its Affiliates,
    and one separate firm of local counsel, in addition to regular counsel, to the extent required in order to effectively defend the Action.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;No Indemnitee shall consent to a settlement of, or the entry of any judgment arising from, any claim for which such Indemnitee is entitled
    to indemnification pursuant to this Section&#160;4.15, without the prior written consent of the Company (such consent not to be unreasonably withheld, conditioned or delayed). Except with the prior written consent of the applicable Indemnitee(s), the
    Company, in the defense of any claim for which such Indemnitee is entitled to indemnification pursuant to this Section&#160;4.15, shall not consent to the entry of any judgment or enter into any settlement that (i) provides for injunctive or other
    nonmonetary relief affecting any Indemnitee, (ii) does not include as an unconditional term thereof the giving by each claimant or plaintiff to each such Indemnitee(s) of an unconditional release of such Indemnitee(s) from all liability with respect to
    such Action or (iii) imposes any material burden on Indemnitee not fully indemnified hereunder. In any such third party claim where the Company has assumed control of the defense thereof pursuant to clause&#160;(c), the Company shall keep the applicable
    Indemnitee(s) reasonably informed as to the status of such claim at all stages thereof (including all settlement negotiations and offers), promptly submit to such Indemnitee(s) copies of all pleadings, responsive pleadings, motions and other similar
    legal documents and paper received or filed in connection therewith, permit such Indemnitee(s) and their respective counsels to confer with the Company and its counsel with respect to the conduct of the defense thereof, and permit such Indemnitee(s)
    and their respective counsel(s) a reasonable opportunity to review all legal papers to be submitted prior to their submission (provided that the Company shall not be obligated to provide materials, documents or information the disclosure of which would
    be reasonably likely to jeopardize the attorney-client privilege between the Company and its counsel or violate applicable law). Nothing in this Section&#160;4.15(d) shall in any way limit, affect or otherwise modify an Indemnitee&#8217;s rights to
    indemnification under the Company&#8217;s certificate of incorporation, by-laws, any applicable policies of the Company or its Subsidiaries or any other agreement between the Indemnitee and the Company or its Subsidiaries.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.16 <u>Par Value</u>. While any Purchaser owns any Notes, the Company will not, without the consent of the Purchasers, increase the par
    value per share of the Company Common Stock to above $0.001 per share.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.17 <u>Indenture Matters</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Attached hereto as <u>Exhibit F</u> is a draft table (such table, the &#8220;Make-Whole Table&#8221;) setting forth the Make-Whole Applicable
    Increase (as defined in the Indenture) as agreed by the Company and the Purchasers as of the date of this Agreement (such table as set forth in <u>Exhibit F</u>, the &#8220;<u>Signing Agreed Make-Whole Table</u>&#8221;).&#160; The Signing Agreed Make-Whole Table
    reflects the use of the Kynex convertible bond model with inputs including maturity of 7.5 years from the date of original issuance, 3 year non-conversion period, coupon of 4.00%, $9.73 stock price at issue, $10.22 conversion price (5% conversion
    premium), relevant US Treasury yield + 700 bps credit spread, 0.25% borrow cost, 4.22% 7.5-year interpolated Treasury rate, and 30% volatility. At least 10 Business Days preceding the anticipated Closing Date, the Company shall deliver a certificate
    (the &#8220;<u>Make-Whole Certificate</u>&#8221;) to the Purchasers reflecting either that (i) the Company is not requesting any changes to the Signing Agreed Make-Whole Table in the Indenture to be signed at Closing or (ii) the Company has determined, after
    consultation with its financial and accounting advisors, that the volatility, interest rate and credit spread used in calculating the Signing Agreed Make-Whole Table no longer reflects commercially reasonable terms.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If the Make-Whole Certificate is delivered pursuant to clause (i) of the last sentence of clause (a), then the Signing Agreed Make-Whole
    Table will be the Make-Whole Table included in Section 10.14(b) of the Indenture executed on the Closing Date.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If the Make-Whole Certificate is delivered pursuant to clause (ii) of the last sentence of clause (a), then the Company and the Purchasers
    will cooperate in good faith to determine if they can agree on a commercially reasonable volatility rate, interest rate and credit spread to be used in the calculation of a make-whole table to be included in Section 10.14(b) of the Indenture executed
    on the Closing Date, and shall consult with a mutually agreed nationally recognized independent financial advisor as appropriate in making such determination. If the Company and the Purchasers agree on a different volatility rate, interest rate and
    credit spread to be used in the calculation of the Make-Whole Table, then the Make-Whole Table will be re-run no earlier than the second Business Day prior to the Closing using such volatility rate, interest rate and credit spread, but otherwise using
    all the methodology and inputs of the Signing Agreed Make-Whole Table, and such Make-Whole Table will be included in the Indenture at Closing. If the Company and the Purchasers cannot agree on a change to the volatility, interest rate and credit spread
    prior to the Closing, then the Signing Agreed Make-Whole Table will be included in the Indenture at Closing.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Notwithstanding anything to the contrary provided in this Agreement or in the Indenture, for so long as SL collectively Beneficially Owns
    at least 50% of the Notes Beneficially Owned by SL immediately following the Closing, the Company shall not make any amendment or supplement to the Indenture or the Securities (as defined in the Indenture) of a type to which the first sentence of
    Section 9.02 of the Indenture applies, without the written consent of the Purchasers.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.18 <u>Conduct of Business</u>. The Company agrees that, prior to the earlier of the Closing Date and the termination of this Agreement
    pursuant to Section&#160;2.03, without the prior written consent of each Purchaser, the Company will not, and will cause each of its Subsidiaries not to, amend or give any consent under or waive any rights under the Offer Documents that would be a Specified
    Modification.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.19 <u>Other Cooperation</u>. In connection with a transfer or proposed transfer of Subject Securities by any Purchaser or its
    Affiliates and if requested by any Purchaser or its Affiliates, the Company shall use its reasonable best efforts to cooperate in such transfer of Subject Securities, including, without limitation, by providing such Purchaser or its Affiliates, any
    potential transferee and their respective representatives opportunities</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">to conduct a reasonable due diligence investigation of the Company and making available work papers of the Company, as well as access to the
    officers, management, employees, financial advisors, attorneys, accountants, consultants, agents and other representatives of the Company and its Subsidiaries as may be required or requested in connection with such transaction (subject to, if requested
    by the Company, each party referred to in this Section&#160;4.19 entering into customary confidentiality agreements in a form reasonably acceptable to the Company). Without limiting the foregoing, no such information shall be used by such Person as the
    basis for any market transactions in securities of the Company in violation of applicable law.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.20 <u>Use of Proceeds and Settlement of Target Shares</u>. The Company shall (and shall, to the extent applicable, procure that Bidco
    shall) use the proceeds from the issuance of securities pursuant to this Agreement solely to finance the Transactions and shall (and shall, to the extent applicable, procure that Bidco shall) consummate the settlement of the relevant of Target Shares
    in accordance with its obligations under the Takeover Code and Offer Documents and the Takeover Code (in the final form delivered to the Purchasers pursuant to Section 3.01(r) and in any event without any Material Offer Modification unless such
    Material Offer Modification is consented to in writing by each Purchaser).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.21 <u>Exchange Listing</u>. Promptly following the date hereof, the Company shall prepare and provide the applicable submission of a
    Listing Of Additional Shares Notification Form to the Nasdaq to the Purchasers and take all action necessary to cause the Company Common Stock issuable upon conversion of the Notes to be approved for listing on Nasdaq, as promptly as practicable, and
    in any event before the Closing. The Company further covenants and agrees that, to the extent the Company Common Stock issuable upon conversion of the Notes is not approved for listing on Nasdaq prior to the Closing, the Company shall take all action
    necessary to complete such listing process with Nasdaq as promptly as practicable following the Closing.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.22 <u>Anti-Takeover Provisions</u>. The Company shall, and shall cause each of its Subsidiaries to, (a) take all action necessary
    within their control (other than waiving any of the Company&#8217;s rights) so that no &#8220;fair price,&#8221; &#8220;moratorium,&#8221; &#8220;control share acquisition,&#8221; &#8220;interested stockholder&#8221; or other form of antitakeover statute or regulation is applicable to SL or any SL
    Affiliate Beneficially Owning the Notes and the Company Common Stock to be issued upon conversion of the Notes and transferring the Notes and the Company Common Stock to be issued upon conversion of the Notes consistent with the terms of this
    Article&#160;IV, (b) not adopt or repeal, as the case may be, any anti-takeover provision or waiver in the certificate of incorporation, bylaws or other similar organizational documents of the Company&#8217;s Subsidiaries, or resolutions of the Board of
    Directors, that is applicable to any of the foregoing, and (c) not adopt or repeal, as the case may be, any shareholder rights plan, &#8220;poison pill&#8221; or similar measure that is applicable to any of the foregoing.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.23 <u>Board of Directors</u>. The Board of Directors shall take all action necessary to appoint the initial Purchaser Designee as a
    director of the Company, effective as of the Closing Date.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.24 <u>Convertibility</u>. As promptly as practicable following the Closing Date, the Company shall take all action necessary in order
    to make the Notes convertible by the Purchasers through the Trustee, the Company&#8217;s transfer agent and facilities of The Depositary Trust Company, as applicable, in each case, in accordance with the Indenture. If the Notes are initially issued in
    physical form, the Company covenants to take all action necessary to make the Notes convertible through The Depositary Trust Company as promptly as practicable upon such Notes being exchanged for global notes held through the facilities of The
    Depositary Trust Company. The Company further covenants to maintain the convertibility of the Notes with The Depositary Trust Company and the Trustee for so long as the Notes are outstanding. Nothing in this Section 4.24 shall be deemed to override the
    limitations on conversion in Section 10.01 of the Indenture.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.25 <u>Amendments</u>. For so long as the Notes are outstanding, the Company covenants and agrees to promptly consider any amendment to
    this Agreement, the Indenture or the Notes, in each case, requested by the Purchasers, including any amendment to the foregoing necessary or advisable to facilitate the consummation</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">of a Permitted Loan transaction or Permitted Debt Financing Transaction (or any foreclosure thereof); <u>provided </u>that the Company&#8217;s consent
    shall not be unreasonably withheld, delayed or conditioned; <u>provided</u>, <u>further</u>, that upon agreement to any such amendment with the Purchasers, the Company shall promptly facilitate the entry into any amendment to this Agreement or any
    supplemental indenture necessary to effectuate such amendment.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.26 <u>Trustee</u>. The Company covenants and agrees that it shall, as soon as practicable following the date of this Agreement, engage
    U.S. Bank National Association or such other trustee that is reasonably satisfactory to the Purchasers as trustee for the Notes and that such trustee shall be considered the &#8220;Trustee&#8221; for purposes of this Agreement and the Indenture.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;4.27 <u>Target Matters</u>. The Company covenants and agrees that it shall promptly inform the Purchasers if it becomes aware of any
    development that would cause any of its representations and warranties made with respect to the Target and its Subsidiaries in Section 3.01 to be untrue as of the Closing Date.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="text-transform: uppercase">Article&#160;V.</font><u style="text-decoration: none"><br>
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      REGISTRATION RIGHTS</u></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-align: justify; text-indent: 0.5in">Section&#160;5.01 <u>Registration Statement</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Reasonably in advance of the last day of the Restricted Period, the Company will use reasonable efforts to prepare and file and use
    reasonable efforts to cause to be declared effective or otherwise become effective pursuant to the Securities Act in each case no later than the last day of the Restricted Period (such date, the &#8220;<u>Registration Date</u>&#8221;) a Registration Statement or
    post-effective amendment to an existing Registration Statement in order to provide for resales of all Registrable Securities to be made on a delayed or continuous basis pursuant to Rule&#160;415 under the Securities Act, which Registration Statement will
    (except to the extent the SEC objects in written comments upon the SEC&#8217;s review of such Registration Statement) include the Plan of Distribution. In addition, the Company will from time to time use reasonable efforts to file such additional
    Registration Statements to cover resales of any Registrable Securities that are not registered for resale pursuant to a pre-existing Registration Statement and will use its reasonable efforts to cause such Registration Statement to be declared
    effective or otherwise to become effective under the Securities Act and, subject to Section&#160;5.02, will use its reasonable efforts to keep the Registration Statement continuously effective under the Securities Act at all times until the Registration
    Termination Date. Any Registration Statement filed pursuant to this Article&#160;V shall cover only Registrable Securities, shall be on Form S-3 (or a successor form) if the Company is eligible to use such form and shall be an automatically effective
    Registration Statement if the Company is a WKSI.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subject to the provisions of Section&#160;5.02, the Company will use its reasonable efforts to keep the Registration Statement (or any
    replacement Registration Statement) continuously effective until the earlier of (such earlier date, the &#8220;<u>Registration Termination Date</u>&#8221;): (i) the date on which all Registrable Securities covered by the Registration Statement have been sold
    thereunder in accordance with the plan and method of distribution disclosed in the prospectus included in the Registration Statement and (ii)&#160;there otherwise cease to be any Registrable Securities.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;From and after the date hereof until the Registration Termination Date, the Company shall use its reasonable best efforts to maintain
    eligibility to be able to file and use a Registration Statement on Form S-3 (or any successor form thereto). Notwithstanding anything herein to the contrary, during such period of time from and after the Registration Date that the Company ceases to be
    eligible to file or use a Registration Statement on Form S-3 (or any successor form thereto), upon the written request of any Holder or Holders of Registrable Securities, the Company shall use its reasonable efforts to file a Registration Statement on
    Form S-1 (or any successor form) under the Securities Act covering the Registrable Securities of the requesting party or parties, as applicable, and use reasonable efforts to cause such Registration Statement to be declared effective pursuant to the</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Securities Act as soon as reasonably practicable after filing thereof and file and cause to become effective such amendments thereto as are
    necessary in order to keep such Registration Statement continuously available. Each such written request must specify the amount and intended manner of disposition of such Registrable Securities; <u>provided</u>, that the minimum amount of such
    Registrable Securities shall be $50,000,000. When the Company regains the ability to file a Registration Statement on Form S-3 covering the Registrable Securities, it shall as promptly as practicably do so in accordance with Section&#160;5.01(a). The
    obligations of the Company under this Section&#160;5.01(c) shall not impact the obligations of the Company under Section&#160;5.01(a), which shall continue to be in force.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;5.02 <u>Registration Limitations and Obligations</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subject to Section&#160;5.01, the Company will use reasonable efforts to prepare such supplements or amendments (including a post-effective
    amendment), if required by applicable law, to each applicable Registration Statement and file any other required document so that such Registration Statement will be Available at all times during the period for which such Registration Statement is, or
    is required pursuant to this Agreement to be, effective; <u>provided</u>, that no such supplement, amendment or filing will be required during a Blackout Period. Notwithstanding anything to the contrary contained in this Agreement, the Company shall
    be entitled, from time to time, by providing written notice to the Holders of Registrable Securities, to require such Holders of Registrable Securities to suspend the use of the prospectus for sales of Registrable Securities under the Registration
    Statement during any Blackout Period; <u>provided</u>, for purposes of this Section&#160;5.02, the Company shall only be obligated to provide written notice to any Holder or Beneficial Owner of Registrable Securities of any such Blackout Period if such
    Holder or Beneficial Owner has specified in writing (including electronic mail) to the Company for purposes of receiving such notice such Holder&#8217;s or Beneficial Owner&#8217;s address (including electronic mail), contact and fax number information. No sales
    may be made under the applicable Registration Statement during any Blackout Period. In the event of a Blackout Period under the definition thereof, the Company shall (x)&#160;deliver to the Holders of Registrable Securities a certificate signed by the chief
    executive officer, chief financial officer, general counsel or treasurer of the Company confirming that the conditions described in the definition of Blackout Period are met, which certificate shall contain an approximation of the anticipated delay,
    and (y)&#160;notify each Holder of Registrable Securities promptly upon each of the commencement and the termination of each Blackout Period, which notice of termination shall be delivered to each Holder of Registrable Securities no later than the close of
    business of the last day of the Blackout Period. Notwithstanding the foregoing, a Holder of Registrable Securities shall be entitled to elect not to receive any notice (whether oral or written) of any Blackout Period so long as such Holder agrees in
    writing (which may be by email) that it shall not sell any Registrable Securities under the applicable Registration Statement until it later elects to once again receive notices of Blackout Periods. In connection with the expiration of any Blackout
    Period and without any further request from a Holder of Registrable Securities, the Company to the extent necessary and as required by applicable law shall as promptly as reasonably practicable prepare supplements or amendments, including a
    post-effective amendment, to the Registration Statement or the prospectus, or any document incorporated therein by reference, or file any other required document so that the Registration Statement will be Available. A Blackout Period will be deemed to
    have expired when the Company has notified the Holders of Registrable Securities that the Blackout Period is over and the Registration Statement is Available. Notwithstanding anything in this Agreement to the contrary, the absence of an Available
    Registration Statement at any time from and after the Registration Date shall be considered a Blackout Period described in the definition thereof and subject to the limitations therein, except to the extent such absence occurs during (and does not
    extend beyond) a Blackout Period described in the definition thereof.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;After the expiration of the Restricted Period, at any time a Registration Statement is effective and prior to the Registration Termination
    Date, if a Holder of Registrable Securities (an &#8220;<u>Initiating Holder</u>&#8221;) delivers a notice to the Company (a &#8220;<u>Take-Down Notice</u>&#8221;) stating that it, together with any other Persons, intends to sell at least $25,000,000 in aggregate of
    Registrable Securities held by such Holder and such other Persons (<u>provided</u>, that, if the Purchasers and their respective Affiliates do not collectively own at least $25,000,000 of Registrable Securities, they shall be permitted to deliver a
    Take-Down Notice to sell all of the</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Registrable Securities held by them, in each case, pursuant to the Registration Statement, then, the Company shall (i) amend or supplement the
    Registration Statement as may be necessary and to the extent required by law so that the Registration Statement remains Available in order to enable such Registrable Securities to be distributed in an Underwritten Offering and (ii) in the case of a
    Marketed Underwritten Offering only, within one (1) Business Day of receipt of the Take-Down Notice and confirmation of such receipt by the treasurer or chief financial officer of the Company and by counsel to the Company, deliver a written notice (a &#8220;<u>Take-Down

      Participation Notice</u>&#8221;) of any such request to all other Holders of Registrable Securities (the &#8220;<u>Eligible Participation Holders</u>&#8221;), which Take-Down Participation Notice shall offer each such Holder the opportunity to include in such
    registration that number of Registrable Securities of the same type (<i>i.e.,</i> Notes or Company Common Stock) to be offered by the Initiating Holder as each such Holder (a &#8220;<u>Participating Holder</u>&#8221;) may request. The Company shall include in such
    registration all such Registrable Securities with respect to which the Company has received from a Holder entitled to receive a Take-Down Participation Notice pursuant to the preceding sentence written requests for inclusion therein within one (1)
    Business Day after the date the Take-Down Participation Notice was delivered; <u>provided</u>, that each Selling Holder will retain the right to withdraw their Registrable Securities from such registration in writing to the underwriters prior to the
    pricing of the applicable offering. In connection with any Underwritten Offering of Registrable Securities for which a Holder delivers a Take-Down Notice and satisfies the dollar thresholds set forth in the first sentence above, and where the Take-Down
    Notice contemplates a Marketed Underwritten Offering, the Company will use reasonable efforts to cooperate and make its senior officers reasonably available for participation in such marketing efforts (which marketing efforts will not, for the
    avoidance of doubt, include a &#8220;road show&#8221; requiring such officers to travel outside of the city in which they are primarily located). The Initiating Holder shall select the underwriter(s) for each Underwritten Offering; <u>provided</u>, that the
    managing underwriter(s) (if there is only one underwriter, such underwriter shall be deemed to be the managing underwriter) of a Marketed Underwritten Offering shall be reasonably acceptable to the Company. The Company shall select the counsel for the
    managing underwriter(s); <u>provided</u>, that such counsel shall be reasonably acceptable to the underwriter(s) and the Initiating Holder. The Initiating Holder shall determine the pricing of the Registrable Securities offered pursuant to any such
    Registration Statement, including the underwriting discount and fees payable by such Holder to the underwriters in such Underwritten Offering. The Initiating Holder shall reasonably determine the timing of any such registration and sale. The Initiating
    Holder shall determine the applicable underwriting discount and other financial terms, and the Holders of the Registrable Securities sold in the Underwritten Offering shall be solely responsible for all such discounts and fees payable to such
    underwriters in such Underwritten Offering. Without the consent of the Initiating Holder, no Underwritten Offering pursuant to this Agreement shall include any securities other than Registrable Securities of the type (<i>i.e.,</i> Notes or Company
    Common Stock) offered by the Initiating Holder in such Underwritten Offering. For the avoidance of doubt, unless the Initiating Holder otherwise agrees, no Holders of Registrable Securities or any other securities issued by the Company, other than the
    Initiating Holder, shall have the opportunity to include any Registrable Securities or any such other securities in an Underwritten Offering initiated by the Initiating Holder that is not a Marketed Underwritten Offering (<i>i.e.,</i> block trade).
    Notwithstanding anything to the contrary herein, if Holders of Registrable Securities that are affiliates of the Company (as defined under Rule 405 of the Securities Act) engage or propose to engage in a transaction that would be a &#8220;distribution&#8221; as
    defined in Regulation M under the Exchange Act, such Holders shall discuss the timing of such distribution with the Company reasonably prior to commencing such distribution.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;In connection with a distribution of Registrable Securities in which the Holders of Registrable Securities are selling an aggregate of at
    least $50,000,000 of Registrable Securities, the Company shall, to the extent requested by the managing underwriter(s) of such a distribution, be subject to a restricted period of the same length of time as such Holder agrees with the managing
    underwriter(s) (but not to exceed 90 days) during which the Company may not offer, sell or grant any option to purchase Company Common Stock (in the case of an offering of Company Common Stock or securities convertible or exchangeable for Company
    Common Stock) and any debt securities (in the case of an offering of debt securities) of the Company, subject to customary carve-outs that include, but are not limited to, (i)&#160;issuances pursuant to the Company&#8217;s employee or director stock plans and
    issuances of shares upon the exercise of options or other equity awards under such stock plans and (ii)&#160;in</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">connection with acquisitions, joint ventures and other strategic transactions (subject to, in the case of this clause&#160;(ii), a limit not to exceed
    10% of the Company&#8217;s then outstanding Company Common Stock).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;In addition to the registration rights provided in this Section&#160;5.02, Holders of the Notes shall have analogous rights to sell such
    securities in a marketed offering under Rule&#160;144A through one or more initial purchasers on a firm-commitment basis, on the terms, subject to the conditions and using procedures that are substantially equivalent to those specified in this Section&#160;5.02
    and Section&#160;5.03, <i>mutatis mutandis</i>. The Company agrees to use its reasonable efforts to cooperate to effect any such sales under such Rule&#160;144A; <u>provided</u>, that nothing in this Section&#160;5.02(d) shall impose any additional or more
    burdensome obligations on the Company than would apply under this Section&#160;5.02 and Section&#160;5.03, in each case, <i>mutatis mutandis</i> in respect of a registered Underwritten Offering, or require that the Company take any actions that it would not be
    required to take in a substantially similar Underwritten Offering of such Notes.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If the managing underwriter or underwriters of any firm commitment Underwritten Offering advise the Selling Holders in writing that, in
    their view, the total amount of Registrable Securities proposed to be sold in such Underwritten Offering (including, without limitation, Registrable Securities proposed to be included by any Participating Holder) exceeds the largest amount (the &#8220;<u>Orderly

      Sale Amount</u>&#8221;) that can be sold in an orderly manner in such Underwritten Offering within a price range acceptable to the Initiating Holder, then there shall be included in such firm commitment Underwritten Offering an amount of Registrable
    Securities not exceeding the Orderly Sale Amount, and such included amount of Registrable Securities shall be allocated pro rata among the Selling Holders on the basis of the number and type of Subject Securities then proposed to be sold by the
    respective Selling Holders (<i>e.g.,</i> if Notes are being offered and sold, the pro rata amounts will be calculated based on the aggregate principal amount of Notes proposed to be sold, without regard to shares of Company Common Stock Beneficially
    Owned by the respective Selling Holders).</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If requested by the managing underwriter of an Underwritten Offering, for which SL or any of its Affiliates is the Initiating Holder,
    unless such Initiating Holder otherwise agrees, no Eligible Participation Holder or Initiating Holder shall offer for sale (including by short sale), grant any option for the purchase of, or otherwise transfer (whether by actual disposition or
    effective economic disposition due to cash settlement, derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of the Registrable Securities or otherwise), any Notes or Company Common
    Stock (or interests therein) or securities convertible into or exchangeable for Notes or Company Common Stock without the prior written consent of such managing underwriter for a period designated by such managing underwriter in writing to the Eligible
    Participation Holders and the Initiating Holder, which shall begin the earlier of the date of the underwriting agreement and the commencement of marketing efforts, and shall not in any event last longer than 60 days following such effective date. If
    requested by the managing underwriter of any such Underwritten Offering, each Eligible Participation Holder shall execute a separate agreement to the foregoing effect; <u>provided</u>, that each Eligible Participation Holder shall negotiate its
    respective lock-up agreement; <u>provided</u>, <u>further</u>, that if any such lock-up agreement (i) provides for exceptions from any restrictions contained therein, such exceptions shall automatically apply equally to each Selling Holder or (ii) is
    terminated or waived in whole or in part for any Selling Holder, such termination or waiver shall automatically apply to each other Selling Holder. Each lock-up agreement shall permit, and this Section&#160;5.02(f) shall be deemed to permit, transfers
    pursuant to the terms of Permitted Loans, Permitted Debt Financing Transactions and other customary lock-up exceptions, including for gifts, distributions and other transfers not for value (and including in respect of customary charitable donations
    substantially contemporaneously with distribution to the donor, free of further lock-up agreement transfer restrictions by the donee, by a Selling Holder or its direct or indirect distributees). The obligations of any person under this Section&#160;5.02(f)
    are not in limitation of lock-up or transfer restrictions that may otherwise apply to any Registrable Securities.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;5.03 <u>Company Registration</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If (but without any obligation to do so), after the expiration of the Restricted Period, the Company proposes to register (including for
    this purpose a registration effected by the Company for stockholders other than the Holders) any Company Common Shares in connection with an Underwritten Offering of such securities (other than a registration relating solely to the issuance of
    securities by the Company pursuant to a stock option, stock purchase or similar benefit plan or an SEC Rule 145 transaction), the Company shall promptly give each Eligible Participation Holder written notice of such Underwritten Offering. Upon the
    written request of each such Holder given within five (5) days after such notice is given by the Company, the Company shall, subject to the provisions of Section&#160;5.03(c), use all reasonable efforts to cause all of the Registrable Securities that each
    such Holder has requested to be included in such Underwritten Offering.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company shall have the right to terminate or withdraw any Underwritten Offering initiated by it under this Section 5.03 before the
    pricing of such Underwritten Offering, whether or not any Holder has elected to include Registrable Securities in such Underwritten Offering. The expenses of such withdrawn Underwritten Offering shall be borne by the Company in accordance with
    Section&#160;5.05.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The right of any Holder to include such Holder&#8217;s Registrable Securities in an Underwritten Offering pursuant to Section&#160;5.03(a) shall be
    conditioned upon such Holder&#8217;s participation in such Underwritten Offering and the inclusion of such Holder&#8217;s Registrable Securities in the Underwritten Offering to the extent provided herein. The underwriters for each Underwritten Offering pursuant to
    this Section&#160;5.03 shall be selected by the Company in its sole discretion. All Holders proposing to distribute their Registrable Securities through such Underwritten Offering shall enter into an underwriting agreement in customary form with the
    managing underwriters selected by the Company for such Underwritten Offering. Notwithstanding any other provision of this Agreement, if the managing underwriters advise the Company in writing that marketing factors require a limitation of the number of
    securities to be underwritten, then the managing underwriters may exclude shares (including Registrable Securities) from the underwriting, and the number of shares that may be included in the underwriting shall be allocated, first, to the Company,
    second, to each of the Eligible Participation Holders requesting inclusion of their Registrable Securities in such underwriting pro rata on the basis of the number and type of Subject Securities then proposed to be sold by such Holders and third, to
    any other selling stockholder. In no event will shares of any other selling stockholder be included in such registration which would reduce the number of shares that may be included by Eligible Participation Holders without the written consent of the
    Eligible Participation Holders holding a majority of Subject Securities. For the avoidance of doubt, the provisions of Section 5.02 will not apply to any Underwritten Offering pursuant to this Section 5.03, and the Company shall select the
    underwriter(s) and counsel, determine the applicable underwriting discount and other financial and non-financial terms and determine the timing of any such Underwritten Offering. If any Holder disapproves of the terms of any such underwriting, such
    Holder may elect to withdraw therefrom by written notice to the Company and the managing underwriters. Any Registrable Securities excluded or withdrawn from such underwriting shall be excluded and withdrawn from the registration for such offering. For
    any Holder that is a partnership, limited liability company or corporation, the partners or members, retired partners or members or shareholders of such Holder, the estates and immediate family members of any of the foregoing persons and any trusts for
    the benefit of any of the foregoing persons shall be deemed to be a single Holder, and any pro rata reduction with respect to such Holder shall be based upon the aggregate amount of shares carrying registration rights owned by all entities and
    individuals included in such Holder.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;5.04 <u>Registration Procedures</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If and whenever the Company is required to use reasonable efforts to effect the registration of any Registrable Securities under the
    Securities Act and in connection with any distribution of Registrable Securities pursuant thereto as provided in this Agreement (including any sale referred to in any Take-Down</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Notice), the Company shall as promptly as reasonably practicable, subject to the other provisions of this Agreement:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;use reasonable efforts to prepare and file with the SEC a Registration Statement to effect such registration in accordance
    with the intended method or methods of distribution of such securities and thereafter use reasonable efforts to cause such Registration Statement to become and remain effective pursuant to the terms of this Article&#160;V; <u>provided</u>, <u>however</u>,
    that the Company may discontinue any registration of its securities which are not Registrable Securities at any time prior to the effective date of the Registration Statement relating thereto; <u>provided</u>, <u>further</u>, that before filing such
    Registration Statement or any amendments or supplements thereto, including any prospectus supplements in connection with a sale referred to in a Take-Down Notice, the Company will furnish to the Holders which are including Registrable Securities in
    such registration (&#8220;<u>Selling Holders</u>&#8221;) and the lead managing underwriter(s), if any, copies of all such documents proposed to be filed, which documents will be subject to the review and reasonable comment (which comments will be considered in
    good faith by the Company) of the counsel (if any) to such Holders and counsel (if any) to such underwriter(s), and other documents reasonably requested by any such counsel, including any comment letter from the SEC, and, if requested by any such
    counsel, provide such counsel and the lead managing underwriter(s), if any, reasonable opportunity to participate in the preparation of such Registration Statement and each prospectus (including any prospectus supplement) included or deemed included
    therein and such other opportunities to conduct a customary and reasonable due diligence investigation (in the context of a registered underwritten offering) of the Company, including reasonable access to (including responses to any reasonable
    inquiries by the lead managing underwriter(s) and their counsel) the Company&#8217;s books and records, officers, accountants and other advisors;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;at or before any Registration Statement is declared or otherwise becomes effective, qualify the Indenture under the Trust
    Indenture Act of 1939, as amended, and appoint a new trustee under the Indenture to the extent such qualification requires the appointment of a new trustee thereunder;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;prepare and file with the SEC such amendments and supplements to such Registration Statement and the prospectus used in
    connection therewith as may be necessary and to the extent required by applicable law to keep such Registration Statement effective and Available pursuant to the terms of this Article&#160;V;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;if requested by the lead managing underwriter(s), promptly include in a prospectus supplement or post-effective amendment
    such information as the lead managing underwriter(s), if any, and such Holders may reasonably request in order to permit the intended method of distribution of such securities and make all required filings of such prospectus supplement or such
    post-effective amendment as soon as reasonably practicable after the Company has received such request; <u>provided</u>, <u>however</u>, that the Company shall not be required to take any actions under this Section&#160;5.04(a)(iv) that are not, in the
    opinion of counsel for the Company, in compliance with applicable law;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;furnish to the Selling Holders and each underwriter, if any, of the securities being sold by such Selling Holders such number
    of conformed copies of such Registration Statement and of each amendment and supplement thereto, such number of copies of the prospectus and any prospectus supplement contained in or deemed part of such Registration Statement (including each
    preliminary prospectus supplement) and each free writing prospectus (as defined in Rule&#160;405 of the Securities Act) (a &#8220;<u>Free Writing Prospectus</u>&#8221;) utilized in connection therewith and any other prospectus filed under Rule&#160;424 under the Securities
    Act, in conformity with the requirements of the Securities Act, and such other documents as such Selling Holders and underwriter(s), if any, may reasonably request in order to facilitate the public sale or other disposition of the Registrable
    Securities owned by such Selling Holders;</p>
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    securities issued by the Company are then listed, and to apply for any necessary &#8220;CUSIPs&#8221; or analogous codes to identify such securities;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
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    covered by such Registration Statement from and after a date not later than the effective date of such Registration Statement;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;as promptly as practicable notify in writing the Holders of Registrable Securities and the underwriters, if any, of the
    following events: (A)&#160;the filing of the Registration Statement, any amendment thereto, the prospectus or any prospectus supplement related thereto or post-effective amendment to such Registration Statement or any Free Writing Prospectus utilized in
    connection therewith, and, with respect to such Registration Statement or any post-effective amendment thereto, when the same has become effective; (B)&#160;any request by the SEC or any other U.S. or state governmental authority for amendments or
    supplements to such Registration Statement or the prospectus or for additional information; (C)&#160;the issuance by the SEC of any stop order suspending the effectiveness of such Registration Statement or the initiation of any proceedings by any person for
    that purpose; (D)&#160;the receipt by the Company of any notification with respect to the suspension of the qualification of any Registrable Securities for sale under the securities or &#8220;blue sky&#8221; laws of any jurisdiction or the initiation or threat of any
    proceeding for such purpose; (E)&#160;if at any time the representations and warranties of the Company contained in any agreement (including any underwriting agreement) related to such registration cease to be true and correct in any material respect; and
    (F)&#160;upon the happening of any event that makes any statement made in such Registration Statement or related prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires the
    making of any changes in such registration statement, prospectus or documents so that, in the case of such Registration Statement, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated
    therein or necessary to make the statements therein not misleading, and that in the case of the prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements
    therein, in light of the circumstances under which they were made, not misleading;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ix)&#160;&#160;&#160;&#160;&#160;&#160;&#160;use reasonable efforts to obtain the withdrawal of any order suspending the effectiveness of such Registration Statement, or
    the lifting of any suspension of the qualification (or exemption from qualification) of any of the Registrable Securities for sale in any jurisdiction at the earliest reasonable practicable date, except that the Company shall not for any such purpose
    be required to (A)&#160;qualify generally to do business as a foreign corporation or as a dealer in securities in any jurisdiction wherein it would not but for the requirements of this clause&#160;(ix) be obligated to be so qualified, (B)&#160;subject itself to
    taxation in any such jurisdiction or (C)&#160;file a general consent to service of process in any such jurisdiction;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(x)&#160;&#160;&#160;&#160;&#160;&#160;&#160;cooperate with each seller of Registrable Securities and each underwriter or agent participating in the disposition of such
    Registrable Securities and their respective counsel in connection with any filings required to be made with the Financial Industry Regulatory Authority, Inc.;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xi)&#160;&#160;&#160;&#160;&#160;&#160;&#160;prior to any public offering of Registrable Securities, use reasonable efforts to register or qualify or cooperate with the
    Selling Holders in connection with the registration or qualification (or exemption from such registration or qualification) of such Registrable Securities for offer and sale under the applicable state securities or &#8220;blue sky&#8221; laws of those
    jurisdictions within the United States as any Holder reasonably requests in writing to keep each such registration or qualification (or exemption therefrom) effective until the Registration Termination Date; <u>provided</u>, that the Company will not
    be required to (A)&#160;qualify generally to do business as a foreign corporation or as a dealer in securities in any jurisdiction wherein it would not but for the requirements of this clause&#160;(xi) be obligated to be so qualified,</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">(B)&#160;subject itself to taxation in any such jurisdiction or (C)&#160;file a general consent to service of process in any such jurisdiction;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;use reasonable efforts to cooperate with the Holders to facilitate the timely preparation and delivery of certificates or
    book-entry securities representing Registrable Securities to be delivered to a transferee pursuant to the Registration Statements, which certificates or book-entry securities shall be free, to the extent permitted by the Indenture and applicable law,
    of all restrictive legends, and to enable such Registrable Securities to be in such denominations and registered in such names as any such Holders may request in writing; and in connection therewith, if required by the Company&#8217;s transfer agent, the
    Company will promptly after the effectiveness of the Registration Statement cause to be delivered to its transfer agent when and as required by such transfer agent from time to time, any authorizations, certificates, directions and other evidence
    required by the transfer agent which authorize and direct the transfer agent to issue such Registrable Securities without legend upon sale by the Holder of such shares of Registrable Securities under the Registration Statement; and</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xiii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;agrees with each Holder of Registrable Securities that, in connection with any Underwritten Offering or other resale
    pursuant to the Registration Statement in accordance with the terms hereof, it will use reasonable efforts to negotiate in good faith and execute all customary indemnities, underwriting agreements and other documents reasonably required under the terms
    of such underwriting arrangements (in each case on terms reasonably acceptable to the Company), including using reasonable efforts to procure customary legal opinions and auditor &#8220;comfort&#8221; letters.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company may require each Selling Holder and each underwriter, if any, to (i)&#160;furnish the Company in writing such information regarding
    each Selling Holder or underwriter and the distribution of such Registrable Securities as the Company may from time to time reasonably request in writing to complete or amend the information required by such Registration Statement and/or any other
    documents relating to such registered offering, and (ii)&#160;execute and deliver, or cause the execution or delivery of, and to perform under, or cause the performance under, any agreements and instruments reasonably requested by the Company to effectuate
    such registered offering, including, without limitation, opinions of counsel and questionnaires. If the Company requests that the Holders of Registrable Securities take any of the actions referred to in this Section&#160;5.04(b), such Holders shall take
    such action promptly and as soon as reasonably practicable following the date of such request.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each Selling Holder agrees that upon receipt of any notice from the Company of the happening of any event of the kind described in clauses
    (B), (C), (D), (E) and (F) of Section&#160;5.04(a)(viii), such Selling Holder shall forthwith discontinue such Selling Holder&#8217;s disposition of Registrable Securities pursuant to the applicable Registration Statement and prospectus relating thereto until
    such Selling Holder is advised in writing by the Company that the use of the applicable prospectus may be resumed, and has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such
    prospectus. The Company shall use reasonable efforts to cure the events described in clauses (B), (C), (D), (E) and (F) of Section&#160;5.04(a)(viii) so that the use of the applicable prospectus may be resumed at the earliest reasonably practicable moment.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;5.05 <u>Expenses</u>. The Company shall pay all Registration Expenses in connection with a registration pursuant to this Article&#160;V and
    any Rule&#160;144A offering pursuant to Section&#160;5.02(d), <u>provided</u>, that each Holder of Registrable Securities participating in any offering shall pay all applicable underwriting fees, discounts, selling commissions and similar charges.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;5.06 <u>Registration Indemnification</u>.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company agrees, without limitation as to time, to indemnify and hold harmless, to the fullest extent permitted by law, each Selling
    Holder and its Affiliates and their respective officers, directors,</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">members, shareholders, employees, managers, partners, accountants, attorneys and agents and each Person who controls (within the meaning of
    Section&#160;15 of the Securities Act and Section&#160;20 of the Exchange Act) such Selling Holder or such other indemnified Person and the officers, directors, members, shareholders, employees, managers, partners, accountants, attorneys and agents of each such
    controlling Person, each underwriter, if any, and each Person who controls (within the meaning of Section&#160;15 of the Securities Act and Section&#160;20 of the Exchange Act) such underwriter (collectively, the &#8220;<u>Indemnified Persons</u>&#8221;), from and against
    all losses, claims, damages, liabilities, costs, expenses (including reasonable and documented expenses of investigation and reasonable and documented attorneys&#8217; fees and expenses), judgments, fines, penalties, charges and amounts paid in settlement
    (collectively, the &#8220;<u>Losses</u>&#8221;), as incurred, arising out of, caused by, resulting from or relating to any untrue statement (or alleged untrue statement) of a material fact contained in any Registration Statement, prospectus or preliminary
    prospectus or Free Writing Prospectus, in each case related to such Registration Statement, or any amendment or supplement thereto or any omission (or alleged omission) of a material fact required to be stated therein or necessary to make the
    statements therein, in light of the circumstances under which they were made, not misleading and (without limitation of the preceding portions of this Section&#160;5.06(a)) will reimburse each such Selling Holder, each of its Affiliates, and each of their
    respective officers, directors, members, shareholders, employees, managers, partners, accountants, attorneys and agents and each such Person who controls each such Selling Holder and the officers, directors, members, shareholders, employees, managers,
    partners, accountants, attorneys and agents of each such controlling Person, each such underwriter and each such Person who controls any such underwriter, for any legal and any other expenses reasonably incurred in connection with investigating and
    defending or settling any such claim, Loss, damage, liability or action, except insofar as the same are caused by any information regarding a Holder of Registrable Securities or underwriter furnished in writing to the Company expressly for use therein
    by any such person, any Affiliate or controlling Person thereof.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;In connection with any Registration Statement in which a Selling Holder is participating, without limitation as to time, each such Selling
    Holder shall, severally and not jointly, indemnify the Company, its directors and officers, and each Person who controls (within the meaning of Section&#160;15 of the Securities Act and Section&#160;20 of the Exchange Act) the Company, from and against all
    Losses, as incurred, arising out of, caused by, resulting from or relating to any untrue statement (or alleged untrue statement) of material fact contained in the Registration Statement, prospectus or preliminary prospectus or Free Writing Prospectus
    or any amendment or supplement thereto or any omission (or alleged omission) of a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, and
    (without limitation of the preceding portions of this Section&#160;5.06(b)) will reimburse the Company, its directors and officers and each Person who controls the Company (within the meaning of Section&#160;15 of the Securities Act and Section&#160;20 of the
    Exchange Act) for any legal and any other expenses reasonably incurred in connection with investigating and defending or settling any such claim, Loss, damage, liability or action, in each case solely to the extent, but only to the extent, that such
    untrue statement or omission is made in such Registration Statement, prospectus or preliminary prospectus or Free Writing Prospectus or any amendment or supplement thereto in reliance upon and in conformity with written information regarding the
    Selling Holder furnished to the Company by such Selling Holder in writing for inclusion in such Registration Statement, prospectus or preliminary prospectus or Free Writing Prospectus or any amendment or supplement thereto.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Any Person entitled to indemnification hereunder shall give prompt written notice to the indemnifying party of any claim with respect to
    which it seeks indemnification; <u>provided</u>, <u>however</u>, the failure to give such notice shall not release the indemnifying party from its obligation, except to the extent that the indemnifying party has been actually and materially
    prejudiced (through the forfeiture of substantive rights or defenses) by such failure to provide such notice on a timely basis.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;In any case in which any such action is brought against any indemnified party, the indemnified party shall promptly notify in writing the
    indemnifying party of the commencement thereof, and the indemnifying party will be entitled to participate therein, and, to the extent that it may wish, to assume the defense thereof, with counsel reasonably satisfactory to such indemnified party, and
    after notice from the indemnifying</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">party to such indemnified party of its election so to assume the defense thereof and acknowledging the obligations of the indemnifying party with
    respect to such proceeding, the indemnifying party will not (so long as it shall continue to have the right to defend, contest, litigate and settle the matter in question in accordance with this paragraph) be liable to such indemnified party hereunder
    for any legal or other expense subsequently incurred by such indemnified party in connection with the defense thereof other than reasonable costs of investigation, supervision and monitoring (unless (i)&#160;such indemnified party reasonably objects to such
    assumption on the grounds that there may be defenses available to it which are different from or in addition to the defenses available to such indemnifying party or a conflict of interest otherwise exists or (ii)&#160;the indemnifying party shall have
    failed within a reasonable period of time to assume such defense and the indemnified party is or would reasonably be expected to be materially prejudiced by such delay, in either event the indemnified party shall be promptly reimbursed by the
    indemnifying party for the expenses incurred in connection with retaining one separate legal counsel (for the avoidance of doubt, for all indemnified parties in connection therewith)). For the avoidance of doubt, notwithstanding any such assumption by
    an indemnifying party, the indemnified party shall have the right to employ separate counsel in any such matter and participate in the defense thereof, but the fees and expenses of such counsel shall be at the expense of such indemnified party except
    as provided in the previous sentence. An indemnifying party shall not be liable for any settlement of an action or claim effected without its consent (which consent shall not be unreasonably withheld, conditioned or delayed). No matter shall be settled
    by an indemnifying party without the consent of the indemnified party (which consent shall not be unreasonably withheld, conditioned or delayed), unless such settlement (x)&#160;includes an unconditional release of such indemnified party from all liability
    on claims that are the subject matter of such claim or proceeding, (y)&#160;does not include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of any indemnified party and (z)&#160;is settled solely for cash for which
    the indemnified party would be entitled to and receives indemnification hereunder. The failure of an indemnified party to give notice to an indemnifying party of any action brought against such indemnified party shall not relieve the indemnifying party
    of its obligations or liabilities pursuant to this Agreement, except to the extent such failure materially and adversely prejudices the indemnifying party.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The indemnification provided for under this Agreement shall survive the sale or other transfer of the Registrable Securities and the
    termination of this Agreement.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;If recovery is not available under the foregoing indemnification provisions for any reason or reasons other than as specified therein, any
    Person who would otherwise be entitled to indemnification by the terms thereof shall nevertheless be entitled to contribution with respect to any Losses with respect to which such Person would be entitled to such indemnification but for such reason or
    reasons, in such proportion as is appropriate to reflect the relative fault of the indemnifying party, on the one hand, and such indemnified party, on the other hand, in connection with the actions, statements or omissions that resulted in such Losses
    as well as any other relevant equitable considerations. The relative fault of the indemnifying party and of the indemnified party shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact
    or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party, the Persons&#8217; relative knowledge and access to information concerning the matter with respect to which the claim was
    asserted, the opportunity to correct and prevent any statement or omission, and other equitable considerations appropriate under the circumstances. It is hereby agreed that it would not necessarily be equitable if the amount of such contribution were
    determined by pro rata or per capita allocation that does not take into account the equitable considerations referred to in the immediately preceding sentence. Notwithstanding any other provision of this Agreement, no Holder of Registrable Securities
    shall be required to indemnify or contribute, in the aggregate, any amount in excess of its net proceeds from the sale of the Registrable Securities subject to any actions or proceedings over the amount of any damages, indemnity or contribution that
    such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No Person guilty of fraudulent misrepresentation (within the meaning of Section&#160;11(f) of the Securities Act) shall be
    entitled to contribution from any Person who was not found guilty of such fraudulent misrepresentation.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;The indemnification and contribution agreements contained in this Section&#160;5.06 are in addition to any liability that the indemnifying
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
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    of Regulation S-T of the Commission), (ii) for as long as any Purchaser or its Affiliates, or any financial institution pursuant to a Permitted Debt Financing Transaction or any lender for any Permitted Loan Beneficially Owns Notes or any Company
    Common Stock issued or issuable upon conversion thereof, make and keep public information available, as those terms are understood and defined in Rule&#160;144, and (iii) take such further necessary action as any Holder of Subject Securities may reasonably
    request in connection with the removal of any restrictive legend on the Subject Securities being sold, all to the extent required from time to time to enable such Holder to sell the Subject Securities without registration under the Securities Act
    within the limitations of the exemption provided by Rule&#160;144.</p>
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    request or cause the Company or any Subsidiary of the Company to register any equity securities of the Company or such Subsidiary of the Company, or any securities convertible or exchangeable into or exercisable for such securities, that are prior to
    or that would limit the rights of the Purchasers hereunder without the prior written consent of the Purchasers.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="text-transform: uppercase">Article&#160;VI.</font><u><br>
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      MISCELLANEOUS</u></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;6.01 <u>Survival of Representations and Warranties</u>. Except for the warranties and representations contained in clauses (a), (b), (c),
    (d), (e), (f), (l) and (s) of Section&#160;3.01 and the representations and warranties contained in Section&#160;3.02, which shall survive the Closing indefinitely, the warranties and representations made herein shall survive for 12&#160;months following the Closing
    Date and shall then expire; <u>provided</u>, that nothing herein shall relieve any party of liability for any inaccuracy or breach of such representation or warranty to the extent that any good faith allegation of such inaccuracy or breach is made in
    writing prior to such expiration.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;6.02 <u>Notices</u>. All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given if
    delivered personally, sent by overnight courier or sent via email (with receipt confirmed) as follows:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 1in"></td>
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      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">c/o Silver Lake</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">2775 Sand Hill Road, Suite 100</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Menlo Park, CA 94025</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Attention: Julie Rutiz</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Email: Julie.Rutiz@SilverLake.com</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">and:</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">c/o Silver Lake</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">55 Hudson Yards</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">550 West 34th Street, 40th Floor</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">New York, NY 10001</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Attention: Andrew J. Schader</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Email: Andy.Schader@SilverLake.com</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">With a copy (which shall not constitute actual or constructive notice) to:</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Simpson Thacher &amp; Bartlett LLP</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">425 Lexington Avenue</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">New York, NY 10017</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Attention: Ken Wallach, Hui Lin, Lia Toback and Jessica Asrat</p>
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      <tr style="vertical-align: top">
        <td style="width: 1.5in; text-align: justify">&#160;</td>
        <td style="width: 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Email:</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">kwallach@stblaw.com</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">hui.lin@stblaw.com</font></td>
      </tr>
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        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ltoback@stblaw.com</font></td>
      </tr>
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        <td>&#160;</td>
        <td>&#160;</td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">jessica.asrat@stblaw.com</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">

      <tr style="vertical-align: top; text-align: justify">
        <td style="width: 1in"></td>
        <td style="width: 0.5in; text-align: left">(b)</td>
        <td>If to the Company, to:</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Viavi Solutions Inc.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">1445 South Spectrum Blvd, Suite 102</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Chandler, Arizona 85286</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Attention: Ilan Daskal, Executive Vice President and Chief Financial Officer</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">with a copy (which will not constitute actual or constructive notice) to:</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Gibson, Dunn &amp; Crutcher LLP</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">One Embarcadero Center Suite 2600</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">San Francisco, CA 94111-3715 USA</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Attention: Stewart L. McDowell, Ed Batts and Robyn Zolman</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: 1.5in; text-align: justify">&#160;</td>
        <td style="width: 0.5in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Email:</font></td>
        <td style="text-align: justify">smcdowell@gibsondunn.com</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify">ebatts@gibsondunn.com</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify">&#160;</td>
        <td style="text-align: justify">rzolman@gibsondunn.com</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">or to such other address or addresses as shall be designated in writing. All notices shall be deemed effective (a)&#160;when delivered personally (with written
    confirmation of receipt, by other than automatic means, whether electronic or otherwise), (b) when sent by email (with written confirmation of receipt, by other than automatic means, whether electronic or otherwise) or (c)&#160;one (1) Business Day
    following the day sent by overnight courier.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;6.03 <u>Entire Agreement; Third Party Beneficiaries; Amendment</u>. This Agreement, together with the Confidentiality Agreement, the
    Services Agreement, the Indenture and the Notes, sets forth the entire agreement between the parties hereto with respect to the Transactions, and are not intended to and shall not confer upon any person other than the parties hereto, their successors
    and permitted assigns any rights or remedies hereunder, <u>provided</u>, that (i)&#160;Section&#160;4.07(m) shall be for the benefit of and fully enforceable by each Covered Person, (ii) Section&#160;4.12 shall be for the benefit of and fully enforceable by each SL
    Affiliated Director and each Purchaser Indemnitor, (iii) Section&#160;4.15 and Section&#160;5.06 shall be for the benefit of and fully enforceable by each of the Indemnitees or Indemnified Persons (as applicable), (iv) Section&#160;6.12 shall be for the benefit of
    and fully enforceable by each of the Specified Persons and (v) one or more lenders under a Permitted Loan may be granted third party beneficiary rights in relation to the Company&#8217;s obligation under Article&#160;II to issue the Notes subject to and as set
    forth in Section&#160;4.09. Any provision of this Agreement may be amended or modified in whole or in part at any time by an agreement in writing between the parties hereto executed in the same manner as this Agreement. No failure on the part of any party
    to exercise, and no delay in exercising, any right shall operate as a waiver thereof nor shall any single or partial exercise by any party of any right preclude any other or future exercise thereof or the exercise of any other right.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;6.04 <u>Counterparts</u>. This Agreement may be executed in one or more counterparts, each of which shall be deemed to constitute any
    original, but all of which together shall constitute one and the same document. Signatures to this Agreement transmitted by facsimile transmission, by electronic mail in &#8220;portable document format&#8221; (&#8220;.pdf&#8221;) form, or by any other electronic means
    intended to preserve the original graphic and pictorial appearance of a document will have the same effect as physical delivery of the paper document bearing the original signature. The words &#8220;execution,&#8221; &#8220;signed,&#8221; &#8220;signature,&#8221; &#8220;delivery,&#8221; and words of
    like import in or relating to this Agreement or any document to be signed in connection with this Agreement shall be deemed to include electronic signatures, deliveries or the keeping of records in electronic form, each of which shall be of the same
    legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, and the parties hereto consent to conduct the transactions contemplated hereunder
    by electronic means.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;6.05 <u>Public Announcements</u>. No press release or public announcement related to this Agreement or the transactions contemplated
    herein shall be issued or made by the Purchasers or their respective Affiliates without the prior written approval of the Company, unless required by law (based on the advice of counsel) in which case the Company shall have the right to review and
    reasonably comment on such press release, announcement or communication prior to issuance, distribution or publication.&#160;Notwithstanding the foregoing (but subject to the terms of the Confidentiality Agreement), the Purchasers and their respective
    Affiliates shall not be restricted from communicating with their respective investors and potential investors in connection with marketing, informational or reporting activities; <u>provided</u>, that the recipient of such information is subject to a
    customary obligation to keep such information confidential. The Company may issue one or more press releases or public announcements (in which case each Purchaser shall have the right to review and reasonably comment on such press release, announcement
    or communication, and the Company will consider the Purchaser&#8217;s comments) and may file this Agreement with the SEC and may provide information about the subject matter of this Agreement in connection with equity or debt issuances, share repurchases, or
    marketing, informational or reporting activities. Each Purchaser shall be permitted to, without the approval of the Company, file, publish and disclose all documents and schedules (including the existence and terms thereof and other documents
    contemplated hereby) with the SEC, and any press release or other disclosure document that such Purchaser reasonably determines to be necessary in connection with the transactions contemplated by this Agreement or the Scheme or Takeover Offer, as the
    case may be, the Offer Documents and any other document contemplated hereby or thereby.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;6.06 <u>Expenses</u>. Except as otherwise expressly provided herein, each party hereto shall bear its own costs and expenses (including
    attorneys&#8217; fees) incurred in connection with this Agreement and the Transactions; <u>provided</u>, that at the Closing or otherwise promptly following the Termination Date, the Company shall reimburse the Purchasers for up to an aggregate of $2.0
    million of documented out-of-pocket expenses (including, without limitation, legal, accounting, consulting and financing fees) incurred by the Purchasers in connection with the Transactions; <u>provided</u>, that, at the Closing, the Purchasers may
    net against the aggregate Purchase Price any out-of-pocket expenses reimbursable hereunder.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&#160;6.07 <u>Successors and Assigns</u>. Except as otherwise expressly provided herein, the provisions hereof shall inure to the benefit of,
    and be binding upon, the Company&#8217;s successors and assigns and each of the Purchasers&#8217; successors and assigns, and no other person; <u>provided</u>, that neither the Company nor any Purchaser may assign its respective rights or delegate its respective
    obligations under this Agreement, whether by operation of law or otherwise, and any assignment by the Company or any Purchaser in contravention hereof shall be null and void; <u>provided</u>, that (i)&#160;during the Certain Funds Period, any Purchaser
    party to the original form of this Agreement (an &#8220;<u>Original Purchaser</u>&#8221;) may assign all of its rights and obligations under this Agreement and the Confidentiality Agreement or, in the case of this Agreement, any portion thereof, to one or more
    Affiliates who are U.S. Persons and who execute and deliver to the Company a Joinder and a duly completed and executed IRS Form W-9 and any such assignee who executes and delivers to the Company a Joinder shall be deemed a Purchaser hereunder and have
    all the rights and obligations of such Original Purchaser so assigned, (ii)&#160;any Affiliate of such Original Purchaser who executes and delivers a Joinder and is a permitted transferee of any Notes or shares of</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Company Common Stock shall be deemed a Purchaser hereunder and have all the rights and obligations of such Original Purchaser or any portion thereof
    (as set forth in the Joinder); <u>provided</u> that (without limiting the further proviso contained in the last sentence of this Section&#160;6.07) no such assignment will relieve such assigning Original Purchaser of its obligations hereunder or under the
    Confidentiality Agreement, (iii)&#160;if the Company consolidates or merges with or into any Person and the Company Common Stock is, in whole or in part, converted into or exchanged for securities of a different issuer in a transaction, then as a condition
    to such transaction the Company will cause such issuer to assume all of the Company&#8217;s rights and obligations under this Agreement in a written instrument delivered to such Purchaser, and (iv)&#160;the rights of a Holder of Registrable Securities under
    Article&#160;V may be transferred but only together with Subject Securities (w)&#160;in a transfer of (1)&#160;Notes in an aggregate principal amount of at least $25,000,000 and (2)&#160;Company Common Stock or other Subject Securities issued or issuable upon conversion
    of at least $25,000,000 in aggregate principal amount of Notes, (x)&#160;to an Affiliate of the transferor that executes and delivers to the Company a Joinder (subject to 4.02(a)), (y)&#160;to a lender in connection with a Permitted Loan or (z) to a financial
    institution in connection with a Permitted Debt Financing Transaction. For the avoidance of doubt, no Third Party to whom any of the Notes or shares of Company Common Stock are transferred shall have any rights or obligations under this Agreement
    except (and then only to the extent of) any rights and obligations under Article&#160;V to the extent transferable in accordance with this Section&#160;6.07. Notwithstanding anything to the contrary set forth herein, each Purchaser may without the consent of any
    other party grant powers of attorney, operative only upon a default of the Company in respect of its obligations under Article&#160;II to issue the Notes upon payment of the purchase price therefor in accordance with the terms of this Agreement (including
    satisfaction of the conditions set forth in Section&#160;2.02(d)), to any lender under any Permitted Loan or to any financial institution in connection with a Permitted Debt Financing Transaction, in each case to act on behalf of such Purchaser to enforce
    such obligation. Notwithstanding any other provision in this Section&#160;6.07, if prior to the end of the Certain Funds Period, any Original Purchaser transfers or assigns any of its rights and obligations under this Agreement to any Affiliate (including
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    Agreement, including but not limited to the obligation of such Original Purchaser to purchase any Notes which such Original Purchaser has transferred or assigned to any Affiliate (including any subsequent transfers or assignments from such Affiliate to
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    arising hereunder brought by the other party hereto or its successors or assigns, shall be brought and determined exclusively in the Delaware Court of Chancery and any state appellate court therefrom within the State of Delaware (or, solely if the
    Delaware Court of Chancery declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware). Each of the parties hereto hereby irrevocably submits with regard to any such action or proceeding for itself
    and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring any action relating to this Agreement or any of the transactions contemplated by this Agreement in any
    court other than the aforesaid courts. Each of the parties hereto hereby irrevocably waives, and agrees not to assert as a defense, counterclaim or otherwise, in any action or proceeding with respect to this Agreement, (i)&#160;any claim that it is not
    personally subject to the jurisdiction of the above named courts for any reason other than the failure to serve in accordance with this Section&#160;6.08(a), (ii) any claim that it or its property is exempt or immune from the jurisdiction of any such court
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    parties agree to negotiate in good faith to modify this Agreement to fulfill as closely as possible the original intent and purpose hereof. To the extent permitted by law, the parties hereby to the same extent waive any provision of law that renders
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    party has an adequate remedy at law or that any award of specific performance is not an appropriate remedy for any reason at law or in equity. Any party seeking an injunction or injunctions to prevent breaches of this Agreement and to enforce
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    have any liability for any obligations or liabilities of any party hereto under this Agreement or for any claim based on, in respect of, or by reason of, the transactions contemplated hereby. All obligations of any Purchaser hereunder shall be several
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    in contract, in tort or otherwise) arising under or in connection with any breach of this Agreement (whether willfully, intentionally, unintentionally or otherwise) or the failure of the Acquisition or the Closing to occur for any reason or otherwise
    in connection with the Transactions or this Agreement or in respect of any oral representations made or alleged to have been made in connection therewith shall be no greater than the aggregate Purchase Price (and, with respect to a particular
    Purchaser, no greater than such Purchaser&#8217;s share of the Purchase Price) and no Purchaser shall have any further liability or obligation relating to or arising out of this Agreement, the Transactions or any other agreement or document relating thereto
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    Purchasers or their respective Affiliates shall, within 30 days following receipt of such Competing Financing Notice, deliver written notice to the Company that it intends to exercise the Competing Financing Right with respect to all or any portion of
    the Competing Financing Opportunity. If the Purchasers or their respective Affiliates do not elect to exercise the Competing Financing Right within such time period, the Company, after complying with the terms of this Section 6.13, shall have the right
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    paragraph must be paid entirely in cash. Any PIK Interest on the Securities will be payable to Holders and (x) with respect to the Global Securities, by increasing the principal amount of the outstanding Global Securities by an amount equal to the
    amount of PIK Interest for the applicable interest period (rounded up to the nearest whole dollar), and the Trustee will, upon receipt of an authentication order from the Company, record such increase in principal amount and (y) with respect to
    Physical Securities, by issuing PIK Securities in certificated form in an aggregate principal amount equal to the amount of PIK Interest for the applicable interest period (rounded up to the nearest whole dollar), and the Trustee will, upon receipt of
    an authentication order from the Company, authenticate and deliver such PIK Securities in certificated form for original issuance to the Holders on the relevant record date, as shown by the records of the register of Holders. Following an increase in
    the principal amount of the outstanding Global Securities as a result of a PIK Payment, the Global Securities will bear interest on such increased principal amount from and after the date of such PIK Payment. Any PIK Securities issued in certificated
    form will be distributed to Holders, will be dated as of the applicable Interest Payment Date and will bear interest from and after such date. All Securities issued pursuant to a PIK Payment will mature on the Maturity Date and will be governed by, and
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    senior obligations of the Company limited to $400,000,000 aggregate principal amount, except as otherwise provided in the Indenture (and except for PIK Securities and Securities issued in substitution for destroyed, lost or wrongfully taken
    Securities). Terms used herein without definition and which are defined in the Indenture have the meanings assigned to them in the Indenture. In the event of any inconsistency between the terms of this Security and the terms of the Indenture, the terms
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    for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any transfer tax or similar governmental charge that may be imposed in connection with certain transfers or exchanges as set forth in
    the Indenture. The Company or the Trustee, as the case may be, shall not be required to register the transfer of or exchange any Security for which a Repurchase Notice has been delivered, and not withdrawn, in accordance with the Indenture, except the
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    circumstances with consent of the Holders of one hundred percent (100%) of the aggregate principal amount of the outstanding Securities, to amend or supplement the Indenture, the Securities or the Guarantees.</p>
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    Securities to be due and payable immediately. If any of certain bankruptcy or insolvency-related Events of Default occurs and is continuing, the principal of, and accrued and unpaid interest on, all the Securities shall <i>ipso facto </i>become and
    be immediately due and payable without any declaration or other act on the part of the Trustee or any Holder. Subject to certain exceptions, the Holders of a majority in aggregate principal amount of the Securities then outstanding by written notice to
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">[Viavi Solutions Inc.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><b>THE GUARANTORS PARTY HERETO</b></font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Dated as of [&#9679;], 2024</p>
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        <td>&#160;</td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;2.09.</font></td>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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        <td>&#160;</td>
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      </tr>
      <tr style="vertical-align: top; background-color: White">
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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      <tr style="vertical-align: top; background-color: White">
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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      </tr>
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        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
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        <td style="text-align: right">&#160;</td>
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      <tr style="vertical-align: top; background-color: White">
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>
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        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
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      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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      </tr>
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      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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      </tr>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;6.06.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">41</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">41</font></td>
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      <tr style="vertical-align: top; background-color: White">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">41</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;6.10.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</font></td>
      </tr>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;6.11.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
        <td style="text-align: center"><font style="font-variant: small-caps">Article 7 </font></td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="font-variant: small-caps">Trustee</font></p>
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        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;7.01.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Duties of Trustee</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;7.02.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rights of Trustee</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;7.03.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Individual Rights of Trustee</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">45</font></td>
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      <tr style="vertical-align: top; background-color: White">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">45</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;7.05.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notice of Defaults</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">45</font></td>
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      <tr style="vertical-align: top; background-color: White">
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compensation and Indemnity</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">45</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;7.07.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">46</font></td>
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      <tr style="vertical-align: top; background-color: White">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">47</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;7.09.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">47</font></td>
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      <tr style="vertical-align: top; background-color: White">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">47</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;7.11.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">47</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
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        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
        <td>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="font-variant: small-caps">Discharge of Indenture</font></p>
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        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;8.01.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">48</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;8.02.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">48</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">48</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;8.04.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">49</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
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      </tr>
      <tr style="vertical-align: top; background-color: White">
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>
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        <td style="width: 10%; text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">49</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">50</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;9.03.</font></td>
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      </tr>
      <tr style="vertical-align: top; background-color: White">
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      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;9.05.</font></td>
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      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;9.06.</font></td>
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      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
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        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="font-variant: small-caps">Conversion</font></p>
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        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.01.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conversion Privilege</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">52</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.02.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conversion Procedure and Payment Upon Conversion</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">54</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.03.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash in Lieu of Fractional Shares</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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.04.</font></td>
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        <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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.05.</font></td>
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        <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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.06.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjustment of Conversion Rate</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.07.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">67</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
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        <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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.09.</font></td>
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        <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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.10.</font></td>
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        <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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.11.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effect of Reclassifications, Consolidations, Mergers, Binding Share Exchanges or Sales on Conversion Privilege</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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.12.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">71</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.13.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rights Distributions Pursuant to Shareholders&#8217; Rights Plans</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.14.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;10.15.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Applicable Stock Exchange Restrictions</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: top; background-color: White">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td style="text-align: center"><font style="font-variant: small-caps">Article 11 </font></td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="font-variant: small-caps">Guarantee of Securities</font></p>
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        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.01.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unconditional Guarantee</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.02.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Limitation on Guarantor Liability</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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.03.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">77</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.04.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">77</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.05.</font></td>
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        <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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.06.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Guarantee Obligations Continuing</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">78</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.07.</font></td>
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        <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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.08.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Guarantee Obligations Reinstated</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">78</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.09.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">79</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.10.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Waiver</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">80</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;11.11.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Default and Enforcement</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">80</font></td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td style="text-align: center"><font style="font-variant: small-caps">Article 12 </font></td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td style="width: 15%">&#160;</td>
        <td style="width: 75%">
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="font-variant: small-caps">Concerning the Holders</font></p>
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        <td style="width: 10%; text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;12.01.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Action by Holders</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">80</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;12.02.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proof of Execution by Holders</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">80</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;12.03.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Persons Deemed Absolute Owners</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">80</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td style="text-align: center">Article 13 </td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
        <td>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="font-variant: small-caps">Holders&#8217; Meetings</font></p>
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        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;13.01.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purpose of Meetings</font></td>
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      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;13.02.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Call of Meetings by Trustee</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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;13.03.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Call of Meetings by Company or Holders</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;13.04.</font></td>
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        <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: top; background-color: White">
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        <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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;13.06.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Voting</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">83</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;13.07.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">83</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
        <td style="text-align: center"><font style="font-variant: small-caps">Article 14 </font></td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td>&#160;</td>
        <td>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="font-variant: small-caps">Miscellaneous</font></p>
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        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.01.</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">83</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.02.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Communication by Holders with Other Holders</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">85</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.03.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certificate and Opinion as to Conditions Precedent</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">85</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.04.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Statements Required in Certificate or Opinion</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.05.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rules by Trustee and Agents</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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.06.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Legal Holidays</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.07.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Duplicate Originals</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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.08.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Facsimile and PDF Delivery of Signature Pages</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.09.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Governing Law</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.10.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Adverse Interpretation of Other Agreements</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.11.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Successors</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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.12.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Separability</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.13.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Table of Contents, Headings, Etc.</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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.14.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Calculations in Respect of the Securities</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.15.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Personal Liability of Directors, Officers, Employees or Shareholders</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: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.16.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Force Majeure</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: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.17.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trust Indenture Act Controls</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">89</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.18.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Security Interest Created</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">89</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.19.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benefits of Indenture.</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">89</font></td>
      </tr>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.20.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Withholding</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">89</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&#160;14.21.</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">U.S.A. Patriot Act</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">89</font></td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="font-variant: small-caps"><b>EXHIBITS</b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="width: 15%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit A</font></td>
        <td style="width: 85%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Security</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit B-1A</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Security Private Placement Legend</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit B-1B</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Common Stock Private Placement Legend</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit B-2</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Legend for Global Security</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit B-3</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Original Issue Discount Legend</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit C</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Notice of Transfer Pursuant to Registration Statement</font></td>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit D</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Certificate of Transfer</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit E</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Certificate of Exchange</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="font-variant: small-caps"><b>VIAVI SOLUTIONS INC.</b></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Reconciliation and tie between Trust Indenture Act of 1939 and</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Indenture, dated as of [&#9679;], 2024</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</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: rgb(204,238,255)">
        <td style="width: 50%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#167;310(a)(1)</font></td>
        <td style="width: 50%; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.09</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)(2)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.09</font></td>
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      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)(3)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not Applicable</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)(4)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not Applicable</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)(5)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.09</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.09</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#167; 311(a)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.10</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.10</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not Applicable</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#167; 312(a)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.05</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.02</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.02</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#167; 313(a)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.11</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)(1)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.11</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)(2)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.11</font></td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.11</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.11</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#167; 314(a)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.03, 14.04</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not Applicable</font></td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)(1)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.03</font></td>
      </tr>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)(2)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.03</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)(3)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not Applicable</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not Applicable</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.04</font></td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not Applicable</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#167; 315(a)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.01</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.05</font></td>
      </tr>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.01</font></td>
      </tr>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.01</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</font></td>
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      </tr>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#167; 316(a)(last sentence)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.09</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)(1)(A)</font></td>
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      </tr>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)(1)(B)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.04</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)(2)</font></td>
        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not Applicable</font></td>
      </tr>
      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</font></td>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>INDENTURE</b>, dated as of [&#9679;], 2024, among Viavi Solutions Inc., a Delaware corporation (the &#8220;<b>Company</b>,&#8221; as more fully set forth in
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    of a Security in order to evidence PIK Interest, a principal amount thereof equal to $1,000 or any integral multiple of $1,000 in excess thereof, and after the issuance of PIK Securities or an increase in the principal amount of a Security due to the
    payment of PIK Interest, a principal amount of $1.00 and integral multiples of $1.00 in excess thereof.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#8220;<b>Board Resolution</b>&#8221; means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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    or report under the Exchange Act disclosing that such person or group has become the direct or indirect &#8220;beneficial owner&#8221; (as that term is used in Rule 13d-3 under the Exchange Act as in effect on the Issue Date) of more than fifty percent (50%) of
    the total outstanding voting power of all classes of the Company&#8217;s Capital Stock entitled to vote generally in the election of directors (&#8220;<b>Voting Stock</b>&#8221;);</p>
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    substantially all of the consolidated property or assets of the Company and its Subsidiaries, taken as a whole, to any &#8220;person&#8221; or &#8220;group&#8221; (as those terms are used in Sections 13(d) and 14(d) of the Exchange Act), other than the Company and/or one or
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any transaction or series of related transactions is consummated in connection with which (whether by means of merger, exchange,
    liquidation, tender offer, consolidation, combination, reclassification, recapitalization, acquisition or otherwise) all or substantially all of the Common Stock are exchanged for, converted into, acquired for or constitutes solely the right to receive
    other securities, other property, assets or cash, but excluding the consummation of any merger, exchange, tender offer, consolidation or acquisition of the Company with or by another Person pursuant to which the Persons that &#8220;beneficially owned,&#8221;
    directly or indirectly, the shares of the Company&#8217;s Voting Stock immediately prior to such transaction &#8220;beneficially own,&#8221; directly or indirectly, immediately after such transaction, shares of the surviving, continuing or acquiring corporation&#8217;s Voting
    Stock representing at least a majority of the total outstanding voting power of all outstanding classes of Voting Stock of the surviving, continuing or acquiring corporation in substantially the same proportion relative to each other as such ownership
    immediately prior to such transaction other than changes in proportionality as a result of any cash/stock election provided under the terms of the definitive agreement regarding such transaction; or</p>
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    with such transaction or transactions consists of common equity listed or quoted on The New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or any of their respective successors) (or which will be so traded when issued
    or exchanged in connection with such consolidation or merger) and (ii) as a result of such transaction or transactions, the Securities become convertible or exchangeable for such consideration pursuant to Section&#160;10.11.</p>
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    price per share (or if no closing sale price per share is reported, the average of the bid and ask prices or, if more than one in either case, the average of the average bid and the average ask prices) on that date as reported in the composite
    transactions for the Relevant Stock Exchange; or (ii) if the Common Stock is not listed on a U.S. national securities exchange on the relevant date, the last quoted bid price for the Common Stock on the relevant date, as reported by OTC Markets Group,
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    retained by the Company for such purpose as most accurately reflecting the per share price that a fully informed buyer, acting on his own accord, would pay to a fully informed seller, acting on his own accord in an arm&#8217;s-length transaction, for one
    share of Common Stock. The Closing Sale Price shall be determined without reference to after-hours or extended market trading.</p>
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    Senior PIK Toggle Notes due 20[&#9679;])], or such other address as the Trustee may designate from time to time by written notice to the Holders and the Company, or the principal corporate trust office of any successor Trustee (or such other address as such
    successor Trustee may designate from time to time by written notice to the Holders and the Company).</p>
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    to time) and (ii) the Credit Agreement dated [&#9679;], 2024, among the Company, the guarantors identified therein, [&#9679;] as agent and the lenders party thereto and any related notes, collateral documents, letters of credit and guarantees, including any
    appendices, exhibits or schedules to any of the foregoing (as the same may be in effect from time to time), in each case, as such agreement[s] may in whole or in part be amended, modified, renewed, refunded, replaced, restated, substituted, refinanced,
    supplemented or restated from time to time (whether with the original agents and lenders or other agents or lenders and/or through the sales of debt securities to institutional investors or otherwise or any successor or replacement agreement or
    agreements and whether by the same or any other agent, lender or group of lenders or institutional investors).<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Daily Share Amount for such Trading Day; and</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Daily VWAP for such Trading Day.</p>
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    trading (by reason of movements in price exceeding limits permitted by the Relevant Stock Exchange or otherwise) of the Common Stock or such other security or in any options contracts or future contracts relating to the Common Stock or such other
    security, and such suspension or limitation occurs or exists at any time before 1:00 p.m., New York City time, on such day.</p>
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    counsel for the Company, or other counsel, including counsel for the transferor or transferee, who is reasonably acceptable to the Trustee.</p>
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    the holders of Common Stock (or other security) have the right to receive any cash, securities or other property or in which Common Stock (or other applicable security) is exchanged for or converted into any combination of cash, securities or other
    property, the date fixed for determination of shareholders entitled to receive such cash, securities or other property (whether such date is fixed by the Board of Directors or by statute, contract or otherwise).</p>
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    including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the persons who at the time shall be
    such officers, respectively, or to whom any corporate trust matter relating to this Indenture is referred because of such person&#8217;s knowledge of and familiarity with the particular subject and who, in each case, shall have direct responsibility for the
    administration of this Indenture.</p>
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    until such time as such Security is freely tradable by a Person who is not (and has not been for the three months preceding the applicable transfer) an &#8220;affiliate&#8221; (as defined in such rule) pursuant to such rule. Each of the Securities issued on the
    Issue Date that bear the Security Private Placement Legend shall be Restricted Securities as of the Issue Date.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#8220;<b>SEC</b>&#8221; means the Securities and Exchange Commission.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#8220;<b>Securities Act</b>&#8221; means the Securities Act of 1933, as amended, and the rules and regulations of the SEC promulgated thereunder.</p>
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    temporary Securities issued in exchange for or in lieu of the Securities referred to in clauses (a), (b) or (c) in which one or more members of the Silver Lake Group has a beneficial interest.</p>
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    trustees or other voting members of the governing body thereof is at the time owned or controlled, directly or indirectly, by (a) such Person, (b) such Person and one or more Subsidiaries of such Person or (c) one or more Subsidiaries of such Person.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#8220;<b>TIA</b>&#8221; means the Trust Indenture Act of 1939, as amended and in effect from time to time.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#8220;<b>Trading Day</b>&#8221; means a day on which (i) there is no Market Disruption Event, (ii) trading in the Common Stock generally occurs on the Relevant
    Stock Exchange or, if the Common Stock is not then listed on a U.S. national securities exchange, on the principal other market on which the Common Stock is then traded, and (iii) a Closing Sale Price for the Common Stock is available on such
    securities exchange or market; <i>provided</i> that if the Common Stock (or other security for which a Closing Sale Price must be determined) is not so listed or traded, &#8220;<b>Trading Day</b>&#8221; means a Business Day.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#8220;<b>Trustee</b>&#8221; means the party named as such in this Indenture until a successor replaces it in accordance with the provisions hereof and thereafter
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#8220;<b>Unrestricted Global Security</b>&#8221; means a Global Security that does not bear the Security Private Placement Legend.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;1.02.<i>&#160;&#160;&#160;&#160;&#160; Other Definitions</i>.</p>
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        <tr style="vertical-align: top">
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        <tr style="vertical-align: top">
          <td>&#160;</td>
          <td style="padding-bottom: 1pt">&#160;</td>
          <td style="text-align: center">&#160;</td>
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          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.14(d)</font></td>
        </tr>
        <tr style="vertical-align: top; background-color: White">
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          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.01(c)</font></td>
        </tr>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Cash Percentage</b>&#8221;</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.02(a)</font></td>
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          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.02(a)</font></td>
        </tr>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Clause A Distribution</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
        </tr>
        <tr style="vertical-align: top; background-color: White">
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          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
        </tr>
        <tr style="vertical-align: top; background-color: rgb(204,238,255)">
          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Clause C Distribution</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
        </tr>
        <tr style="vertical-align: top; background-color: White">
          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Common Stock Private Placement Legend</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.17(b)</font></td>
        </tr>
        <tr style="vertical-align: top; background-color: rgb(204,238,255)">
          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Conditional Conversion Notice</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.14(f)</font></td>
        </tr>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Conversion Agent</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.03</font></td>
        </tr>
        <tr style="vertical-align: top; background-color: rgb(204,238,255)">
          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Conversion Obligation</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.01(a)</font></td>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Conversion Restricted Period</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.01(b)</font></td>
        </tr>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Distributed Property</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Effective Date</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.14(a)</font></td>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Electronic Means</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.01(c)</font></td>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Event of Default</b>&#8221;</font></td>
          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.01</font></td>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Fundamental Change Notice</b>&#8221;</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.01(b)</font></td>
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          <td>&#160;</td>
          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.01(a)</font></td>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Fundamental Change Repurchase Price</b>&#8221;</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.01(a)</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.01(a)</font></td>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Global Securities</b>&#8221;</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.01</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.01</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.02</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.01(c)</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.14(b)</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.14(a)</font></td>
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          <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Merger Event</b>&#8221;</font></td>
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          <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.11</font></td>
        </tr>

    </table>

  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
  <!-- Field: Page; Sequence: 15; Value: 2 -->
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      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
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  <!-- Field: /Page -->
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 86%; border-collapse: collapse; margin-left: 0.5in">

      <tr style="vertical-align: top; background-color: rgb(204,238,255)">
        <td style="width: 73%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Participants</b>&#8221;</font></td>
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        <td style="width: 25%; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.15(a)</font></td>
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        <td>&#160;</td>
        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.03</font></td>
      </tr>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>PIK Payment</b>&#8221;</font></td>
        <td>&#160;</td>
        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.02</font></td>
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      <tr style="vertical-align: top; background-color: White">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>PIK Securities</b>&#8221;</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.02</font></td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Pro Rata Amount</b>&#8221;</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Reference Property</b>&#8221;</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.11</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.03</font></td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Remaining SL Securities</b>&#8221;</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.01(a)</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.17(a)</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.17</font></td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>SL Settlement Notice</b>&#8221;</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.02(a)</font></td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;<b>Special Interest</b>&#8221;</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.01(k)</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
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        <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(c)</font></td>
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    or reduced to reflect issuances, repurchases, conversions, transfers or exchanges permitted hereby. Any endorsement of a Global Security to reflect the amount of any increase or decrease in the amount of outstanding Securities represented thereby shall
    be made by the Trustee or the custodian for the Global Security, at the written direction of the Trustee, in such manner and upon instructions given by the Holder of such Securities in accordance with this Indenture. Payment of principal of, and
    interest on, any Global Securities (including the Fundamental Change Repurchase Price, if applicable) shall be made to the Depository in immediately available funds. The Company initially appoints the Trustee to act as the Depository&#8217;s custodian with
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    principal amount of the Securities by an amount equal to the amount of PIK Interest for the applicable interest period (rounded up to the nearest whole dollar), and the Trustee will, upon receipt of an authentication order from the Company, record such
    increase in principal amount, or (y) in the case of Physical Securities, issue additional Securities (the &#8220;<b>PIK Securities</b>&#8221;) under this Indenture having the same terms (except that PIK Securities shall be made in a minimum denomination of $1.00
    and integral multiples of $1.00) as the Securities in certificated form (pursuant to procedures agreed to by the Company and the Trustee in their reasonable discretion) in an aggregate principal amount equal to the amount of PIK Interest for the
    applicable interest period (rounded up to the nearest whole dollar), in which case the Trustee will, upon receipt of an authentication order from the Company, authenticate and deliver such PIK Securities in certificated form for original issuance to
    the Holders on the relevant record date, as shown by the records of the register of Holders (in each case, a &#8220;<b>PIK Payment</b>&#8221;). In the event that the Company shall determine to pay PIK Interest with respect to any Interest Payment Date, then the
    Company shall deliver a PIK Notice to the Trustee as required by the Form of Security attached hereto as <u>Exhibit A</u>. The Trustee, on behalf of the Company, shall promptly following receipt deliver to the Holders a copy of such notice provided by
    the Company and the Trustee. In the event that the Company does not elect to pay PIK Interest at least seven Business Days prior to any Interest Payment Date, the Company shall be deemed to have elected to pay interest in cash (and, for the avoidance
    of doubt, the failure to provide such notice will not constitute a Default or Event of Default). Any PIK Securities shall be considered to be part of the same series of, and rank equally and ratably with all other, Securities issued under this
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Trustee shall act as the initial authenticating agent. Thereafter, the Trustee may appoint an authenticating agent acceptable to the Company to
    authenticate Securities. An authenticating agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such authenticating agent. An authenticating agent
    so appointed has the same rights as a Securities Agent to deal with the Company and its Affiliates.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If a Company Order pursuant to this Section&#160;2.02 has been, or simultaneously is, delivered, then any instructions by the Company to the Trustee with
    respect to endorsement, delivery or redelivery of a Security that is a Global Security shall be in writing. The Securities shall be issuable only in registered form without interest coupons and only in Authorized Denomination.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.03.<i>&#160;&#160;&#160;&#160;&#160; Registrar, Paying Agent and Conversion Agent. </i>The Company shall maintain, or shall cause to be maintained, (i) an office or
    agency where Securities may be presented for registration of transfer or for exchange (&#8220;<b>Registrar</b>&#8221;), (ii) an office or agency where Securities may be presented for payment (&#8220;<b>Paying Agent</b>&#8221;) and (iii) an office or agency where Securities
    may be presented for conversion (&#8220;<b>Conversion Agent</b>&#8221;). The Registrar shall keep a register of the Securities and of their transfer and exchange. The Company may appoint or change one or more co-registrars, one or more additional paying agents and
    one or more additional conversion agents, subject to providing written notification to the Trustee of any such new registrar, paying agent or conversion agent, and may act in any such capacity on its own behalf. The term &#8220;<b>Registrar</b>&#8221; includes any
    co-registrar; the term &#8220;<b>Paying Agent</b>&#8221; includes any additional paying agent; and the term &#8220;<b>Conversion Agent</b>&#8221; includes any additional conversion agent.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company shall use reasonable best efforts to enter into an appropriate agency agreement with any Securities Agent not a party to this Indenture,
    if any. Such agency agreement, if any, shall implement the provisions of this Indenture that relate to such Securities Agent. The Company shall notify the Trustee in writing of the name and address of any Securities Agent not a party to this Indenture.
    If the Company fails to maintain an entity other than the Trustee as Registrar, Paying Agent or Conversion Agent, the Trustee shall act as such.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company initially appoints the Trustee as Paying Agent, Registrar and Conversion Agent.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.04.<i>&#160;&#160;&#160;&#160;&#160; Paying Agent to Hold Money in Trust</i>. Each Paying Agent shall hold in trust for the benefit of the Holders or the Trustee all
    moneys held by the Paying Agent for the payment of the Securities, and shall notify the Trustee in writing of any Default by the Company in making any such payment. While any such Default continues, the Trustee may require a Paying Agent to pay all
    money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee and account for any funds so paid by it. Upon payment over to the Trustee, the Paying Agent shall have no further liability
    for such money. If the Company acts as Paying Agent, it shall segregate and hold as a separate trust fund all money held by it as Paying Agent; <i>provided</i> that the Company may not act as Paying Agent upon the occurrence and continuance of an
    Event of Default. Upon an Event of Default pursuant to Section&#160;6.01(h) or (i), the Trustee shall automatically be the Paying Agent.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i></i></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.05.<i>&#160;&#160;&#160;&#160;&#160; Holder Lists</i>. The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to
    it of the names and addresses of Holders and shall otherwise comply with Section 312(a) of the TIA. If the Trustee is not the Registrar, the Company shall furnish, or shall cause to be furnished, to the Trustee at least five (5) Business Days before
    each Interest Payment Date and at such other times as the Trustee may request in writing a list, in such form and as of such date as the Trustee may reasonably require, of the names and addresses of Holders appearing in the security register of the
    Registrar and the Company shall otherwise comply with Section 312(a) of the TIA.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.06.<i>&#160;&#160;&#160;&#160;&#160; Transfer and Exchange</i>. (a) Subject to Section&#160;2.15 and Section&#160;2.16, where Securities are presented to the Registrar with a
    request to register their transfer or to exchange them for an equal principal amount of Securities of other authorized denominations, the Registrar shall register the transfer or make the exchange if its requirements under this Indenture for such
    transaction are met. To permit registrations of such transfers and exchanges, the Trustee shall authenticate Securities at the Registrar&#8217;s request or upon the Trustee&#8217;s receipt of a Company Order therefor. The Company, the Registrar or the Trustee, as
    the case may be, shall not be required to register the transfer or exchange of any Security for which a Repurchase Notice has been delivered, and not withdrawn, in accordance with this Indenture, except if the Company has defaulted in the payment of
    the Fundamental Change Repurchase Price with respect to such Security or to the extent that a portion of such Security is not subject to such Repurchase Notice.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">No service charge shall be made for any transfer, exchange or conversion of Securities, but the Company and the Trustee may require payment of a sum
    sufficient to cover any documentary, stamp, issue or transfer tax or similar governmental charge that may be imposed in connection with any transfer, exchange or conversion of Securities, other than exchanges pursuant to Section&#160;2.07, Section&#160;2.10,
    Section&#160;3.01, Section&#160;9.04 or Section&#160;10.02, in each case, not involving any transfer.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; <i>Exchanges of Physical Securities for Beneficial Interests in Global Securities</i>. A Holder may request a transfer or
    exchange of a Physical Security for a beneficial interest in a Global Security and the Company shall use commercially reasonable efforts to cause the Physical Securities to be eligible for book-entry settlement with the Depository, if upon such
    transfer or exchange such interest could be held in an Unrestricted Global Security. If and when the Company is successful in causing the Physical Securities to be eligible for book-entry settlement with the Depository, a holder may transfer or
    exchange a Physical Security for a beneficial interest in a Global Security by (i) surrendering such Physical Security for registration of transfer or exchange, together with any endorsements or instruments of transfer required by any of the Company,
    the Trustee or the Registrar, at any office or agency maintained by the Company for such purposes pursuant to Section&#160;4.02; (ii) if such Physical Security is a Restricted Security, delivering any documentation required by Section&#160;2.16; (iii) complying
    with Section&#160;2.16(e), if applicable, (iv) satisfying all other requirements for such transfer set forth in this Section&#160;2.06 and Section&#160;2.15; and (v) providing written instructions to the Trustee to make, or to direct the Registrar to make, an
    adjustment in its books and records with respect to the applicable Global Security to reflect an increase in the aggregate principal amount of the Securities represented by such Global Security, which instructions will contain information regarding the
    Depository account to be credited with such increase.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">Upon the satisfaction of conditions (i), (ii), (iii), (iv) and (v), as applicable, the Trustee will cancel such Physical Security and
    cause, in accordance with the Applicable Procedures, the aggregate principal amount of Securities represented by such Global Security to be increased by the aggregate principal amount of such Physical Security, and will credit or cause to be credited
    the account of the Person specified in the instructions provided by the exchanging Holder in an amount equal to the aggregate principal amount of such Physical Security. If no Global Securities are then outstanding, the Company, in accordance with
    Section&#160;2.02, will promptly execute and deliver to the Trustee, and the Trustee, upon receipt of a Company Order and in accordance with Section&#160;2.02, will authenticate, a new Global Security in the appropriate aggregate principal amount.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.07.<i>&#160;&#160;&#160;&#160;&#160; Replacement Securities. </i>If the Holder of a Security claims that the Security has been mutilated, lost, destroyed or
    wrongfully taken, the Company shall issue and the Trustee shall authenticate, at the Holder&#8217;s expense, a replacement Security upon surrender to the Trustee of the mutilated Security, or upon delivery to the Trustee of evidence of the loss, destruction
    or theft of the Security satisfactory to the Trustee and the Company. In the case of a lost, destroyed or wrongfully taken Security, if required by the Trustee or the Company, indemnity (including in the form of a bond) must be provided by the Holder
    that is reasonably satisfactory to the Trustee (with respect to the Trustee) and the Company to indemnify and hold harmless the Company, the Trustee or any Securities Agent from any loss that any of them may suffer if such Security is replaced.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">In case any such mutilated, lost, destroyed or wrongfully taken Security has become due and payable, the Company in its discretion may, instead of
    issuing a new Security, pay the amounts due in respect of such Security as provided hereunder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Every replacement Security is an additional obligation of the Company only as provided in Section&#160;2.08.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.08.<i>&#160;&#160;&#160;&#160;&#160; Outstanding Securities. </i>Securities outstanding at any time are all the Securities authenticated by the Trustee (giving
    effect to, and as increased by, any payment of PIK Interest made thereon, including by increasing the aggregate principal amount of Global Securities by an amount equal to the PIK Interest payable, rounded up to the nearest whole dollar) except for
    those converted, those cancelled by it, those delivered to it for cancellation and those described in this Section&#160;2.08 as not outstanding. Except to the extent provided in Section&#160;2.09, a Security does not cease to be outstanding because the Company
    or one of its Subsidiaries or Affiliates holds the Security.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If a Security is replaced pursuant to Section&#160;2.07, it ceases to be outstanding unless the Trustee receives proof satisfactory to it, or a court
    holds, that the replaced Security is held by a protected purchaser.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If the Paying Agent (in the case of a Paying Agent other than the Company) holds, as of 11:00 a.m. New York City time on a Fundamental Change
    Repurchase Date or the Maturity Date, money sufficient to pay the aggregate Fundamental Change Repurchase Price or principal amount (plus accrued and unpaid interest, if any), as the case may be, with respect to all Securities to be repurchased or paid
    on such Fundamental Change Repurchase Date or the</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">Maturity Date, as the case may be, in each case, payable as herein provided on such Fundamental Change Repurchase Date or the Maturity Date, then
    (unless there shall be a Default in the payment of such aggregate Fundamental Change Repurchase Price, principal amount, or of such accrued and unpaid interest), except as otherwise provided herein, on and after such date such Securities shall be
    deemed to be no longer outstanding, interest on such Securities shall cease to accrue, and such Securities shall be deemed to be paid whether or not such Securities are delivered to the Paying Agent. Thereafter, all rights of the Holders of such
    Securities shall terminate with respect to such Securities, other than the right to receive the Fundamental Change Repurchase Price or principal amount, as the case may be, plus, if applicable, such accrued and unpaid interest in accordance with this
    Indenture. For the avoidance of doubt, any Securities that are not submitted by a Holder for a Repurchase Upon Fundamental Change pursuant to Section&#160;3.01 shall remain outstanding and shall be unaffected by this paragraph.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If a Security is converted in accordance with Article 10 then, from and after the time of such conversion on the Conversion Date, such Security shall
    cease to be outstanding, and interest, if any, shall cease to accrue on such Security unless there shall be a Default in the payment or delivery of the consideration payable and/or deliverable hereunder upon such conversion (except that any such
    Security will remain outstanding solely for the purpose of receiving any interest or other amounts due following such conversion as set forth in this Indenture).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.09.<i>&#160;&#160;&#160;&#160;&#160; Securities Held by the Company or an Affiliate. </i>In determining whether the Holders of the required aggregate principal
    amount of Securities have concurred in any direction, waiver or consent, Securities owned by the Company or any of its Subsidiaries or Affiliates shall be considered as though not outstanding, except that, for the purposes of determining whether the
    Trustee shall be protected in relying on any such direction, waiver or consent, only Securities that a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded. Securities so owned which have been pledged in good faith may
    be considered to be outstanding for purposes of this Section&#160;2.09 if the pledgee establishes, to the satisfaction of the Trustee, the pledgee&#8217;s right so to concur with respect to such Securities and that the pledgee is not, and is not acting at the
    direction or on behalf of, the Company, any other obligor on the Securities, an Affiliate of the Company or an Affiliate of any such other obligor. In case of a dispute as to whether the pledgee has established the foregoing, any decision by the
    Trustee taken upon the advice of counsel shall provide full protection to the Trustee. Upon request of the Trustee, the Company shall furnish to the Trustee promptly an Officers&#8217; Certificate listing and identifying all Securities, if any, known by the
    Company to be owned or held by or for the account of any of the above described Persons; and the Trustee shall be entitled to accept such Officers&#8217; Certificate as conclusive evidence of the facts therein set forth and of the fact that all Securities
    not listed therein are outstanding for the purpose of any such determination. Notwithstanding Section 316(a)(1) of the TIA (which, for the avoidance of doubt, shall not apply to this Indenture until this Indenture is qualified under the TIA) or
    anything herein to the contrary, to the fullest extent permitted by law, no SL Securities shall be deemed to be owned by the Company or any of its Subsidiaries or Affiliates for purposes of this Indenture, the Securities and any direction, waiver or
    consent with respect thereto.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.10.<i>&#160;&#160;&#160;&#160;&#160; Temporary Securities. </i>Until definitive Securities are ready for delivery, the Company may prepare and the Trustee shall,
    upon receipt of a Company Order therefor,</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">authenticate temporary Securities. Temporary Securities shall be substantially in the form of definitive Securities but may have variations that the
    Company considers appropriate for temporary Securities. Without unreasonable delay, the Company shall prepare and the Trustee, upon receipt of a Company Order therefor, shall authenticate definitive Securities in exchange for temporary Securities.
    Until so exchanged, each temporary Security shall in all respects be entitled to the same benefits under this Indenture as definitive Securities, and such temporary Security shall be exchangeable for definitive Securities in accordance with the terms
    of this Indenture.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.11.<i>&#160;&#160;&#160;&#160;&#160; Cancellation. </i>The Company at any time may deliver Securities to the Trustee for cancellation. The Registrar, Paying Agent
    and Conversion Agent shall forward to the Trustee any Securities surrendered to them for transfer, exchange, payment or conversion. The Trustee shall promptly cancel all Securities surrendered for transfer, exchange, payment, conversion or cancellation
    in accordance with its customary procedures. The Company may not issue new Securities to replace Securities that it has paid or delivered to the Trustee for cancellation or that any Holder has converted pursuant to Article 10. All cancelled Securities
    held by the Trustee shall be disposed of in accordance with its customary procedure for the disposal of cancelled securities.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.12.<i>&#160;&#160;&#160;&#160;&#160; Defaulted Interest. </i>If, and to the extent, the Company defaults in a payment of interest on the Securities, the Company
    shall pay in cash the defaulted interest in any lawful manner plus, to the extent not prohibited by applicable statute or case law, interest on such defaulted interest at the rate applicable to PIK Interest provided in the Securities. The Company may
    pay the defaulted interest (plus interest on such defaulted interest) to the Persons who are Holders on a subsequent special record date. The Company shall fix such special record date and payment date. At least fifteen (15) calendar days before the
    special record date, the Company shall send to Holders and the Trustee a notice that states the special record date, payment date and amount of interest to be paid. Upon the due payment in full, interest shall no longer accrue on such defaulted
    interest pursuant to this Section&#160;2.12.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.13.<i>&#160;&#160;&#160;&#160;&#160; <font style="text-transform: uppercase">Cusip</font> Numbers. </i>The Company in issuing the Securities may use one or more
    &#8220;CUSIP&#8221; numbers, and, if so, the Trustee shall use the CUSIP numbers in notices as a convenience to Holders; <i>provided</i>, <i>however</i>, that no representation is hereby deemed to be made by the Trustee as to the correctness or accuracy of the
    CUSIP numbers printed on the notice or on the Securities; and <i>provided further</i> that reliance may be placed only on the other identification numbers printed on the Securities, and the effectiveness of any such notice shall not be affected by any
    defect in, or omission of, such CUSIP numbers. The Company shall promptly notify the Trustee in writing of any change in the CUSIP numbers.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">On the Issue Date, any Global Securities shall initially bear the CUSIP and ISIN numbers set forth in the following sentence. The CUSIP and ISIN
    numbers for any SL Securities that are Restricted Global Securities shall be [&#9679;] and [&#9679;], respectively; the CUSIP and ISIN numbers for the SL Securities that are Unrestricted Global Securities shall be [&#9679;] and [&#9679;], respectively; the CUSIP and ISIN
    numbers for any Restricted Global Securities other than SL Securities shall be [&#9679;] and [&#9679;], respectively; and the CUSIP and ISIN numbers for Unrestricted Global Securities other than SL Securities shall be [&#9679;] and [&#9679;], respectively.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i></i></p>
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    Fundamental Change Repurchase Date, the Company shall deposit with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust in accordance with Section&#160;2.04) money, in funds immediately available on such date,
    sufficient to make cash payments, if any, due on such Interest Payment Date, the Maturity Date or such Fundamental Change Repurchase Date, as the case may be, in a timely manner which permits the Paying Agent to remit payment to the Holders on such
    Interest Payment Date, the Maturity Date or such Fundamental Change Repurchase Date, as the case may be.</p>
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    on such Interest Payment Date, the Maturity Date or such Fundamental Change Repurchase Date, as the case may be, shall be postponed until the next succeeding Business Day, and no interest or other amount shall accrue as a result of such postponement.</p>
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    Depository, its successors or their respective nominees, (ii) be delivered to the Trustee as custodian for the Depository, its successors or their respective nominees, as the case may be, and (iii) bear the legends such Global Securities are required
    to bear under Section&#160;2.17.</p>
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    held on their behalf by the Depository, or the Trustee as its custodian, or under the Global Security, and the Depository (or its nominee) may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of
    the Global Security for all purposes whatsoever; <i>provided</i>, <i>however</i>, that each SL Security that is a Global Security shall be subject to the rights under Section&#160;9.02 and Section&#160;10.02(c) of the beneficial owners of such SL Security.
    Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee, any Securities Agent or any of their respective agents from giving effect to any written certification, proxy or other authorization furnished by the Depository or
    impair, as between the Depository and Participants, the operation of customary practices governing the exercise of the rights of a Holder of any Security.</p>
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    transfers in whole, but not in part, to the Depository, its successors or their respective nominees. In addition, one or more Physical Securities shall be transferred to each owner of a beneficial interest in a Global Security, as identified by the
    Depository, in exchange for its beneficial interest in the Global Securities if (i) the Depository notifies the Company that the Depository is unwilling or unable to continue as depository for any Global Security, or the Depository ceases to be a
    &#8220;clearing agency&#8221; registered under Section 17A of the Exchange Act, and, in either case, a successor Depository is not appointed by the Company within ninety (90) days of such notice or cessation or (ii) an Event of Default has occurred and is
    continuing and the Registrar has received a written request from the beneficial owner (via the Depository) of the relevant Securities to issue Physical Securities. For the avoidance of doubt, if any event described in clause (i) of the immediately
    preceding sentence occurs, any owner of a beneficial interest in any Global Security will be entitled to</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">receive one or more Physical Securities in exchange for its beneficial interest or interests in the Global Securities, and if any event
    described in clause (ii) of the immediately preceding sentence occurs, only the beneficial owner that has made a written request to the Registrar (via the Depository) will be entitled to receive one or more Physical Securities in exchange for its
    beneficial interest or interests in the Global Securities. The Company may also exchange beneficial interests in a Global Security for one or more Physical Securities registered in the name of the owner of beneficial interests if the Company and the
    owner of such beneficial interests agree to so exchange.</p>
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    accordance with the provisions of this Indenture and the Applicable Procedures. Transfers of beneficial interests in the Global Securities also shall require compliance with either subparagraph (i) or (ii) below, as applicable, as well as, to the
    extent applicable, the other provisions of this Section&#160;2.15(c) that follow:</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <i>Transfer of Beneficial Interests in the Same Global Security</i>. Beneficial interests in any Restricted Global
    Security may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Security (or a Restricted Global Security with the same CUSIP number) in accordance with the transfer restrictions set
    forth in the Security Private Placement Legend. Beneficial interests in any Unrestricted Global Security may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Security. No written orders
    or instructions shall be required to be delivered to the Registrar to effect the transfers described in this clause (i).</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <i>All Other Transfers and Exchanges of Beneficial Interests in Global Securities</i>. In connection with all transfers and
    exchanges of a beneficial interest in a Global Security that are not addressed by Section&#160;2.15(c)(i), there must be delivered (A) such instruction or order from a Participant or an Indirect Participant to the Depository, as may be required by the
    Applicable Procedures, directing the Depository to credit or cause to be credited a beneficial interest in another Global Security in an amount equal to the beneficial interest to be transferred or exchanged and (B) instructions given in accordance
    with the Applicable Procedures containing information regarding the Participant account to be credited with such increase. Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests in a Global Security contained in
    this Indenture, the Trustee shall adjust the principal amount of the Global Securities pursuant to Section&#160;2.15(d).</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <i>Transfer and Exchange of Beneficial Interests in a Restricted Global Security for Beneficial Interests in an Unrestricted
      Global Security</i>. A beneficial interest in any Restricted Global Security may be exchanged by any holder thereof for a beneficial interest in an Unrestricted Global Security or transferred to a Person who takes delivery thereof in the form of a
    beneficial interest in an Unrestricted Global Security if the exchange or transfer complies with the requirements of this Section&#160;2.15(c) and the Registrar receives the following:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0.5in">&#160;</p>
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    beneficial interest in an Unrestricted Global Security, a certificate from such Holder substantially in the form of <u>Exhibit E</u>; or</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0.5in">(B)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; if the holder of such beneficial interest in a Restricted Global Security proposes to transfer such beneficial interest to a
    Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Security, a certificate from such holder in the form of <u>Exhibit D</u>;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">and, in each such case set forth in this clause (iii), if the Company or the Registrar so requests or if the Applicable Procedures so require, an Opinion of
    Counsel in form reasonably acceptable to the Company to the effect that no registration under the Securities Act is required in connection with such exchange or transfer of beneficial interests to the relevant Person or in connection with any re-sales
    of the beneficial interests in the Unrestricted Global Security that are beneficially owned by such Person on the date of such opinion.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">Beneficial interests in an Unrestricted Global Security cannot be exchanged for, or transferred to Persons who take delivery thereof in the
    form of, a beneficial interest in a Restricted Global Security.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <i>Transfer and Exchange of Beneficial Interests in one Restricted Global Security for Beneficial Interests in another
      Restricted Global Security</i>. A beneficial interest in any Restricted Global Security may be exchanged by any holder thereof for a beneficial interest in a Restricted Global Security with a different CUSIP or different legends or transferred to a
    Person who takes delivery thereof in the form of a beneficial interest in a Restricted Global Security with a different CUSIP or different legends if the exchange or transfer complies with the requirements of this Section&#160;2.15(c) and the Registrar
    receives the following:</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0.5in">(A)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; if the holder of such beneficial interest in a Restricted Global Security proposes to exchange such beneficial interest for a
    beneficial interest in a Restricted Global Security with a different CUSIP or different legends, a certificate from such Holder substantially in the form of <u>Exhibit E</u>; or</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0.5in">(B)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; if the holder of such beneficial interest in a Restricted Global Security proposes to transfer such beneficial interest to a
    Person who shall take delivery thereof in the form of a beneficial interest in a Restricted Global Security with a different CUSIP or different legends, a certificate from such holder in the form of <u>Exhibit D</u>.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">Notwithstanding the foregoing or anything to the contrary provided herein, a holder of a beneficial interest in a Security that is not an SL Security may not
    exchange or transfer such beneficial interest for a beneficial interest in an SL Security.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; At such time as all beneficial interests in a particular Global Security have been exchanged for Physical Securities or a
    particular Global Security has been repurchased or</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">canceled in whole and not in part, each such Global Security shall be returned to or retained and canceled by the Trustee in accordance
    with Section&#160;2.11. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Security or for
    Physical Securities, the principal amount of Securities represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global Security by the Trustee or by the Depository at the direction of the Trustee to
    reflect such reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Security, such other Global Security shall be increased
    accordingly and an endorsement shall be made on such Global Security by the Trustee or by the Depository at the direction of the Trustee to reflect such increase.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(e)&#160;&#160;&#160;&#160;&#160;&#160; In connection with the transfer of a Global Security in its entirety to beneficial owners pursuant to Section&#160;2.15(b), such
    Global Security shall be deemed to be surrendered to the Trustee for cancellation, and the Company shall execute, and the Trustee shall upon written instructions from the Company authenticate and deliver, to each beneficial owner identified by the
    Depository in exchange for its beneficial interest in such Global Security, an equal aggregate principal amount of Physical Securities of authorized denominations.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; Any Physical Security delivered in exchange for an interest in a Global Security pursuant to Section&#160;2.15(b), shall bear the same
    legend(s), if any, from <u>Exhibit B-1A</u> that are borne by the relevant Global Security, except to the extent the requirements of Section&#160;2.15(c)(iii) or Section&#160;2.15(c)(iv) are satisfied with respect to the removal or addition of any legend, <i>mutatis

      mutandis</i> for the fact that a Physical Security is being issued rather than a beneficial interest in a Global Security.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(g)&#160;&#160;&#160;&#160;&#160; The Holder of any Global Security may grant proxies and otherwise authorize any Person, including Participants and Persons that
    may hold interests through Participants, to take any action which a Holder is entitled to take under this Indenture or the Securities.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(h)&#160;&#160;&#160;&#160;&#160; The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on the
    transfer of any interest in any Securities imposed under this Indenture or under applicable law (including any transfers between or among Participants or beneficial owners of interests in any Global Security) other than to require delivery of such
    certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine substantial compliance as to form with the express
    requirements hereof.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160; No service charge shall be made to or by a holder of a beneficial interest in a Global Security or to or by a Holder of a
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(k)&#160;&#160;&#160;&#160;&#160; All Global Securities and Physical Securities issued upon any registration of transfer or exchange of Global Securities or
    Physical Securities shall evidence the same debt of the Company and entitled to the same benefits under this Indenture, as the Global Securities or Physical Securities surrendered upon such registration of transfer or exchange.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(l)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Prior to due presentment for the registration of a transfer of any Security, the Trustee and the Company may deem and treat the
    Person in whose name any Security is registered as the absolute owner of such Security for the purpose of receiving payment of principal of and interest on such Securities and, subject to Section&#160;2.09, for all other purposes, and neither of the Trustee
    or the Company shall be affected by notice to the contrary.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(m)&#160;&#160;&#160; Upon surrender for registration of transfer of any Security at the office or agency of the Company designated pursuant to
    Section&#160;4.02, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more replacement Securities of any authorized denomination or denominations of a like aggregate
    principal amount.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(n)&#160;&#160;&#160;&#160;&#160; At the option of the Holder, Securities may be exchanged for other Securities of any authorized denomination or denominations of a
    like aggregate principal amount upon surrender of the Securities to be exchanged at such office or agency. Whenever any Global Securities or Physical Securities are so surrendered for exchange, the Company shall execute, and the Trustee shall
    authenticate and send, the replacement Global Securities and Physical Securities which the Holder making the exchange is entitled to in accordance with the provisions of Section&#160;2.02.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(o)&#160;&#160;&#160;&#160;&#160; Neither the Trustee nor any Securities Agent shall have any responsibility or obligation to any beneficial owner of an interest in
    the Global Securities, an agent member of, or a participant in, the Depository or other person with respect to the accuracy of the records of the Depository or its nominees or of any Participant or member thereof, with respect to any ownership interest
    in the Global Securities or with respect to the delivery to any Participant, agent member, beneficial owner or other Person (other than the Depository) of any notice or the payment of any amount or delivery of any Securities (or other security or
    property) under or with respect to such Securities. The rights of beneficial owners in any Global Securities shall be exercised only through the Depository, subject to its applicable rules and procedures. The Trustee and each agent may rely and shall
    be fully protected in relying upon information furnished by the Depository with respect to its agent members, Participants and any beneficial owners.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;2.16.<i>&#160;&#160;&#160;&#160;&#160; Special Transfer Provisions.</i> (a) Notwithstanding any other provisions of this Indenture, but except as provided in
    Section&#160;2.15(b), a Global Security may not be transferred except as a whole by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any such
    nominee to a successor Depository or a nominee of such successor Depository.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; Upon the transfer, exchange or replacement of Securities not bearing the Security Private Placement Legend, unless the
    Company notifies the Trustee in writing otherwise, the Trustee shall deliver Securities that do not bear the Security Private Placement Legend. Upon</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">the transfer, exchange or replacement of Securities bearing the Security Private Placement Legend, the Trustee shall deliver only
    Securities that bear the Security Private Placement Legend unless (i) the requested transfer, exchange or replacement is after the Resale Restriction Termination Date, (ii) there is delivered to the Trustee and the Company an Opinion of Counsel
    reasonably satisfactory to the Company and addressed to the Company to the effect that no registration under the Securities Act is required in connection with such transfer, exchange or replacement of such Securities in connection with any re-sales of
    such Securities on the date of such opinion or (iii) such Security has been sold pursuant to an effective registration statement under the Securities Act and the Holder selling such Securities has delivered to the Registrar a notice in the form of <u>Exhibit

      C</u> hereto.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; By its acceptance of any Security or any Common Stock bearing the Security Private Placement Legend or the Common Stock Private
    Placement Legend, each holder thereof acknowledges the restrictions on transfer of such Security set forth in this Indenture and in the Security Private Placement Legend or Common Stock Private Placement Legend, as applicable, and agrees that it will
    transfer such Security only as provided in this Indenture and as permitted by applicable law.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Registrar shall retain copies of all letters, notices and other written communications received pursuant to Section&#160;2.15 or this Section&#160;2.16 in
    accordance with its customary document retention policies. The Company shall have the right to inspect and make copies of all such letters, notices or other written communications at any reasonable time upon the giving of reasonable written notice to
    the Registrar.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; The Company may, to the extent permitted by law, purchase the Securities in the open market or by tender offer at any price or by
    private agreement without giving prior notice to Holders. The Company may, at its option, surrender to the Trustee for cancellation any Securities the Company purchases in this manner. Securities surrendered to the Trustee for cancellation may not be
    reissued or resold and shall be promptly cancelled pursuant to Section&#160;2.11.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(e)&#160;&#160;&#160;&#160;&#160;&#160; Any Physical Securities that are purchased or owned by the Company, any Subsidiary of the Company or any other Affiliate of the
    Company or its Subsidiaries may not be resold by the Company, such Subsidiary or such Affiliate in a transaction in which the transferee takes its interest in the form of a beneficial interest in a Global Security unless registered under the Securities
    Act or resold pursuant to an exemption from the registration requirements of the Securities Act in a transaction that results in such Securities no longer being Restricted Securities.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; Each Global Security and Physical Security that constitutes a Restricted Security shall bear the legend (the &#8220;<b>Security Private
      Placement Legend</b>&#8221;) as set forth in <u>Exhibit B-1A</u> on the face thereof until the date such Securities no longer constitute Restricted Securities as reasonably determined by the Company in good faith and evidenced by an Officers&#8217; Certificate
    (such date, the &#8220;<b>Resale Restriction Termination Date</b>&#8221;).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">No transfer of any Security prior to the Resale Restriction Termination Date will be registered by the Registrar unless the applicable box has been
    checked on the Form of Assignment attached as <u>Attachment 1</u> to the Form of Security attached hereto as <u>Exhibit A</u>.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Any Security (or security issued in exchange or substitution therefor) as to which such restrictions on transfer shall have expired in accordance with
    their terms may, on or after the Resale Restriction Termination Date, upon surrender of such Security for exchange to the Trustee in accordance with the provisions of this Article 2, be exchanged for a new Security or Securities, of like tenor and
    aggregate principal amount, which shall not bear the Security Private Placement Legend required by this Section&#160;2.17(a) and shall not be assigned a restricted CUSIP number. In addition, on and after the Resale Restriction Termination Date, upon the
    request of any Holder and upon surrender of its Security for exchange, the Company shall exchange a Physical Security with the Security Private Placement Legend for a Physical Security without Security Private Placement Legend so long as the Holder
    covenants to the Company that it will offer, sell, pledge or otherwise transfer such Security in compliance with the Securities Act. The Company shall be entitled to instruct the Trustee in writing to cancel any Global Security as to which such
    restrictions on transfer shall have expired in accordance with their terms for exchange, and, upon such instruction, the Trustee shall provide evidence of cancellation of such Global Security; and any new Global Security exchanged therefor shall not
    bear the Security Private Placement Legend specified in this Section&#160;2.17(a) and shall not be assigned a restricted CUSIP number. The Company shall promptly notify the Trustee in writing upon the occurrence of the Resale Restriction Termination Date
    and promptly after a registration statement, if any, with respect to the Securities or any Common Stock issued upon conversion of the Securities has been declared effective under the Securities Act.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; Until the Resale Restriction Termination Date, any stock certificate representing Common Stock issued upon conversion of such
    Security, if any, shall, if such shares constitute Restricted Securities at their time of issuance, bear the legend (the &#8220;<b>Common Stock Private Placement Legend</b>&#8221;) as set forth in <u>Exhibit B-1B</u> unless such Common Stock have been transferred
    pursuant to a registration statement that has become or been declared effective under the Securities Act and that continues to be effective at the time of such transfer, or have been sold pursuant to the exemption from registration provided by Rule 144
    or any similar provision then in force under the Securities Act, or unless otherwise agreed by the Company in writing.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; Each Global Security shall also bear the legend as set forth in <u>Exhibit B-2</u>.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; Each Security issued with &#8220;original issue discount&#8221; for United States federal income tax purposes shall also bear the legend as
    set forth in <u>Exhibit B-3</u>.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 3</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Repurchase At Option of Holder</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;3.01.<i>&#160;&#160;&#160;&#160;&#160; Repurchase at Option of Holder Upon a Fundamental Change</i>. (a) If a Fundamental Change occurs at any time prior to the
    Maturity Date, each Holder of Securities shall have the right (the &#8220;<b>Fundamental Change Repurchase Right</b>&#8221;), at such Holder&#8217;s option, to require the Company to repurchase (a &#8220;<b>Repurchase Upon Fundamental Change</b>&#8221;) all of</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">such Holder&#8217;s Securities (or any portion thereof in an Authorized Denomination), on the effective date of such Fundamental Change or such later date
    elected by any Holder as described in Section&#160;3.01(k) (such date, the &#8220;<b>Fundamental Change Repurchase Date</b>&#8221;), at a price, payable in cash, equal to one hundred percent (100%) of the principal amount of the Securities (or portion thereof) to be so
    repurchased, plus accrued and unpaid interest (at the rate applicable to PIK Interest), if any, thereon to, but excluding, the Fundamental Change Repurchase Date (the &#8220;<b>Fundamental Change Repurchase Price</b>&#8221;), subject to satisfaction of the
    following conditions:</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; delivery to the Company (if it is acting as its own Paying Agent), or to a Paying Agent designated by the Company for such
    purpose in the Fundamental Change Notice, no later than the Close of Business on the Business Day immediately preceding the Fundamental Change Repurchase Date, of a Repurchase Notice, in the form set forth in the Securities or any other form of written
    notice substantially similar thereto, in each case, duly completed and signed, with appropriate signature guarantee, stating:</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0.5in">(A)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the certificate number(s) of the Securities that the Holder will deliver to be repurchased, if such Securities are Physical
    Securities;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0.5in">(B)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the principal amount of Securities to be repurchased, which must be an Authorized Denomination; and</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0.5in">(C)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; that such principal amount of Securities are to be repurchased pursuant to the terms and conditions specified in this
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; delivery to the Company (if it is acting as its own Paying Agent), or to a Paying Agent designated by the Company for such
    purpose in the Fundamental Change Notice, at any time after the delivery of such Repurchase Notice, of such Securities (together with all necessary endorsements) with respect to which the Fundamental Change Repurchase Right is being exercised, if such
    Securities are Physical Securities, or book-entry transfer of the Securities, if the Securities are Global Securities, in compliance with the Applicable Procedures;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0"><i>provided</i>, <i>however</i>, that, (x) in the case of Physical Securities, if such Fundamental Change Repurchase Date is after a Record Date for the payment of an
    installment of interest and on or before the related Interest Payment Date, then the full amount of accrued and unpaid interest, if any, to, but excluding, such Interest Payment Date shall be paid on the Fundamental Change Repurchase Date to the Holder
    of record of such Securities at the Close of Business on such Record Date (without any surrender of such Securities by such Holder) and shall be included in the Fundamental Change Repurchase Price and (y) (x) in the case of Global Securities, if such
    Fundamental Change Repurchase Date is after a Record Date for the payment of an installment of interest and on or before the related Interest Payment Date, then the full amount of accrued and unpaid interest, if any, to, but excluding, such Interest
    Payment Date shall be paid on such Interest Payment Date to the Holder of record of such Securities at the Close of Business on such Record Date (without any surrender of such Securities by such Holder) and the Fundamental Change Repurchase Price shall
    not include such accrued but unpaid interest.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If such Securities are held in book-entry form through the Depository, the delivery of any Securities, Repurchase Notice, Fundamental Change Notice or
    notice of withdrawal pursuant to the immediately succeeding paragraph shall comply with the Applicable Procedures.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Notwithstanding anything herein to the contrary, any Holder that has delivered the Repurchase Notice contemplated by this Section 3.01(a) to the
    Company (if it is acting as its own Paying Agent) or to a Paying Agent designated by the Company for such purpose in the Fundamental Change Notice shall have the right to withdraw such Repurchase Notice by delivery, at any time prior to the Close of
    Business on the Business Day immediately preceding the Fundamental Change Repurchase Date (or, if there shall be a Default in the payment of the Fundamental Change Repurchase Price, at any time during which such Default is continuing), of a written
    notice of withdrawal to the Company (if acting as its own Paying Agent) or the Paying Agent, which notice shall be delivered in accordance with, and contain the information specified in, Section&#160;3.01(b)(x).</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Paying Agent shall promptly notify the Company of the receipt by it of any Repurchase Notice or written notice of withdrawal thereof.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; On or before the 20th Business Day prior to the date on which the Company anticipates consummating a Fundamental Change, the
    Company shall send, or cause to be sent, to all Holders of the Securities a notice, which notice shall contain the date on which the Fundamental Change is anticipated to be effected (or, if applicable, the date on which a Schedule TO or other schedule,
    form or report disclosing a Fundamental Change was filed) (the &#8220;<b>Fundamental Change Notice</b>&#8221;). The Company shall deliver a copy of the Fundamental Change Notice to the Trustee at the time such notice is delivered to the Holders. Each Fundamental
    Change Notice shall state:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the events causing the Fundamental Change;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the anticipated date of the Fundamental Change;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the anticipated Fundamental Change Repurchase Date;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the last date on which the Fundamental Change Repurchase Right may be exercised, which shall be the Business Day immediately
    preceding the Fundamental Change Repurchase Date;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Fundamental Change Repurchase Price;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(vi)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the names and addresses of the Paying Agent and the Conversion Agent;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(vii)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the procedures that a Holder must follow to exercise the Fundamental Change Repurchase Right;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(viii)&#160;&#160;&#160;&#160;&#160; that the Fundamental Change Repurchase Price for any Security as to which a Repurchase Notice has been given and not withdrawn
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ix)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; that, except as otherwise provided herein with respect to Global Securities in the case of a Fundamental Change Repurchase
    Date that is after a Record Date for the payment of an installment of interest and on or before the related Interest Payment Date, on and after such Fundamental Repurchase Date, unless there shall be a Default in the payment of the Fundamental Change
    Repurchase Price, interest on Securities subject to Repurchase Upon Fundamental Change will cease to accrue, and all rights of the Holders of such Securities shall terminate, other than the right to receive, in accordance herewith, the Fundamental
    Change Repurchase Price;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(x)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; that a Holder will be entitled to withdraw its election in the Repurchase Notice prior to the Close of Business on the
    Business Day immediately preceding the Fundamental Change Repurchase Date, or such longer period as may be required by law, delivered in the same manner as the related Repurchase Notice was delivered and setting forth the name of such Holder, a
    statement that such Holder is withdrawing its election to have Securities purchased by the Company on such Fundamental Change Repurchase Date pursuant to a Repurchase Upon Fundamental Change, the certificate number(s) of such Securities to be so
    withdrawn (if such Securities are Physical Securities), the principal amount of the Securities of such Holder to be so withdrawn, which amount must be an Authorized Denomination and the principal amount, if any, of the Securities of such Holder that
    remain subject to the Repurchase Notice delivered by such Holder in accordance with this Section&#160;3.01, which amount must be an Authorized Denomination; <i>provided</i>, <i>however</i>, that if there shall be a Default in the payment of the
    Fundamental Change Repurchase Price, a Holder shall be entitled to withdraw its election in the Repurchase Notice at any time during which such Default is continuing;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(xi)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Conversion Rate and any adjustments to the Conversion Rate that will result from such Fundamental Change (if applicable);</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(xii)&#160;&#160;&#160;&#160;&#160;&#160;&#160; that Securities with respect to which a Repurchase Notice is given by a Holder may be converted pursuant to Article 10 only if
    such Repurchase Notice has been withdrawn in accordance with this Section&#160;3.01 or the Company defaults in the payment of the Fundamental Change Repurchase Price;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(xiii)&#160;&#160;&#160;&#160;&#160; that a Holder is entitled to delay the Fundamental Change Repurchase Date by following the procedures described in
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(xiv)&#160;&#160;&#160;&#160;&#160; the CUSIP number or numbers, as the case may be, of the Securities.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">At the Company&#8217;s request given at least five (5) Business Days before such notice is to be sent, the Trustee shall send such Fundamental Change Notice
    in the Company&#8217;s name and at the Company&#8217;s expense; <i>provided</i>, <i>however</i>, that the form and content of such Fundamental Change Notice shall be prepared by the Company.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">No failure of the Company to give a Fundamental Change Notice shall limit any Holder&#8217;s right pursuant hereto to exercise a Fundamental Change
    Repurchase Right.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; Subject to the provisions of this Section&#160;3.01, the Company shall pay, or cause to be paid, the Fundamental Change Repurchase
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">the Fundamental Change Repurchase Right shall have been exercised to the Holder thereof no later than the later of the Fundamental
    Change Repurchase Date and the time of book-entry transfer or when such Security is surrendered to the Paying Agent together with any necessary endorsements.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; The Company shall, in accordance with Section&#160;2.14, deposit with a Paying Agent (or, if the Company is acting as its own Paying
    Agent, segregate and hold in trust in accordance with Section&#160;2.04) money, in funds immediately available on the Fundamental Change Repurchase Date, sufficient to pay the Fundamental Change Repurchase Price upon Repurchase Upon Fundamental Change for
    all of the Securities that are to be repurchased by the Company on such Fundamental Change Repurchase Date pursuant to a Repurchase Upon Fundamental Change. The Paying Agent shall, promptly after delivering the Fundamental Change Repurchase Price to
    Holders entitled thereto and upon written demand by the Company, return to the Company as soon as practicable, any money in excess of the Fundamental Change Repurchase Price.</p>
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    Securities to be repurchased pursuant to a Repurchase Upon Fundamental Change shall, on the Fundamental Change Repurchase Date, become due and payable in accordance herewith, and, on and after such date (unless there shall be a Default in the payment
    of the Fundamental Change Repurchase Price), except as otherwise provided herein with respect to a Fundamental Change Repurchase Date that is after a Record Date for the payment of an installment of interest and on or before the related Interest
    Payment Date, such Securities shall cease to bear interest (whether or not book-entry transfer of the Securities has been made or the Securities have been delivered to the Paying Agent), and all rights of the relevant Holders of such Securities shall
    terminate, other than the right to receive, in accordance herewith, such consideration and any other applicable rights under those sections set forth in the proviso in Section&#160;8.01.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; Securities with respect to which a Repurchase Notice has been duly delivered in accordance with this Section&#160;3.01 may be
    converted pursuant to Article 10 only if such Repurchase Notice has been withdrawn in accordance with this Section&#160;3.01 or the Company defaults in the payment of the Fundamental Change Repurchase Price.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(g)&#160;&#160;&#160;&#160;&#160; If any Security shall not be paid on the Fundamental Change Repurchase Date upon book-entry transfer or surrender thereof for
    Repurchase Upon Fundamental Change, the principal of, and accrued and unpaid interest on, such Security shall, until paid, bear interest, payable in cash (accrued at the rate applicable to PIK interest), and such Security shall be convertible pursuant
    to Article 10 if any Repurchase Notice with respect to such Security is withdrawn pursuant to this Section&#160;3.01.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(h)&#160;&#160;&#160;&#160;&#160; Any Security that is to be submitted for Repurchase Upon Fundamental Change only in part shall be delivered pursuant to this
    Section&#160;3.01 (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or its attorney duly authorized in writing,
    with a notarization or medallion guarantee), and the Company shall promptly execute, and the Trustee shall promptly authenticate and make</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">available for delivery to the Holder of such Security without service charge, a new Security or Securities, of any Authorized
    Denomination as requested by such Holder, of the same tenor and in aggregate principal amount equal to the portion of such Security not duly submitted for Repurchase Upon Fundamental Change.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding anything herein to the contrary, except in the case of an acceleration resulting from a Default relating to the
    payment of the Fundamental Change Repurchase Price, there shall be no purchase of any Securities pursuant to this Section&#160;3.01 on any date if, on such date, the principal amount of the Securities shall have been accelerated in accordance with this
    Indenture and such acceleration shall not have been rescinded on or prior to such date in accordance with this Indenture. The Paying Agent will promptly return to the respective Holders thereof any Securities held by it during the continuance of such
    an acceleration.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160; In connection with any Repurchase Upon Fundamental Change, the Company shall, to the extent required (i) comply with the
    provisions of Rule 13e-4, Rule 14e-1, Regulation 14E under the Exchange Act, and with all other applicable laws; (ii) file a Schedule TO or any other schedules required under the Exchange Act or any other applicable laws; and (iii)&#160;otherwise comply
    with all applicable United States federal and state securities laws in connection with any offer by the Company to repurchase the Securities; <i>provided</i> that any time period specified in this Article 3 shall be extended to the extent necessary
    for such compliance.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(k)&#160;&#160;&#160;&#160;&#160; By written notice to the Company delivered no later than the Close of Business on the Business Day immediately preceding the
    effective date of any Fundamental Change, a Holder may specify an alternative Fundamental Change Repurchase Date with respect to its Securities, which Fundamental Change Repurchase Date shall be no earlier than one Business Day immediately following
    delivery of such notice and shall be no later than thirty-five (35) Business Days after the effective date of such Fundamental Change (it being understood that if no such notice is delivered to the Company pursuant to this Section&#160;3.01(k), any Notes
    subject to a validly issued (and not validly withdrawn) Repurchase Notice shall be repurchased on the effective date of such Fundamental Change). If a Holder elects an alternative Fundamental Change Repurchase Date pursuant to this Section 3.01(k), the
    term &#8220;Fundamental Change Repurchase Date&#8221; in this Indenture shall for all purposes refer to that alternative Fundamental Change Repurchase Date.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 4</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Covenants</u></font></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;4.01.<i>&#160;&#160;&#160;&#160;&#160; Payment of Securities. </i>The Company shall pay all amounts and make deliveries of securities due with respect to the
    Securities on the dates and in the manner provided in the Securities and this Indenture. All such amounts due in cash shall be considered paid on the date due if the Paying Agent holds (or, if the Company is acting as Paying Agent, the Company has
    segregated and holds in trust in accordance with Section&#160;2.04) on that date money sufficient to pay the amount then due with respect to the Securities. The Company will pay, in money of the United States that at the time of payment is legal tender for
    payment of public and private debts, all amounts due in cash with respect to the Securities, which amounts shall be paid</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">(a) in the case of a Global Security, by wire transfer of immediately available funds to the account designated by the Depository or its nominee; and
    (b) in the case of a Physical Security, by wire transfer of immediately available funds to the account within the United States as specified in writing to the Paying Agent by such Holder or, if such Holder does not specify an account, by mailing a
    check to the address of such Holder set forth in the register of the Registrar. PIK Interest shall be considered paid on the date due if on such date the Trustee has received (i) a written order, pursuant to the Form of Security attached hereto as <u>Exhibit

      A</u>, from the Company signed by an Officer to increase the balance of any Global Security to reflect such PIK Interest (rounded up to the nearest whole dollar), or (ii) a PIK Security (rounded up to the nearest whole dollar) duly executed by the
    Company together with a written order, pursuant to Section&#160;2.02, of the Company signed by an Officer requesting the authentication of such PIK Security by the Trustee. Interest will be computed on the basis of a 360-day year of twelve 30-day months.
    With respect to principal payments, presentation and surrender of Securities is required prior to final payment.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company shall pay, in cash, interest on any overdue amount (including, to the extent permitted by applicable law, overdue interest) accrued at the
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;4.02.<i>&#160;&#160;&#160;&#160;&#160; Maintenance of Office or Agency. </i>The Company will maintain, or cause to be maintained, an office or agency (which may be an
    office of the Trustee or an Affiliate of the Trustee or Registrar) where Securities may be surrendered for registration of transfer or exchange, payment or conversion. The Company will give prompt written notice to the Trustee of the location, and any
    change in the location, of such office or agency. If at any time the Company shall fail to maintain, or fail to cause to be maintained, any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations
    and surrenders may be made or served at the Corporate Trust Office of the Trustee.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company will maintain, or cause to be maintained, an office or agency where notices and demands to or upon the Company in respect of the
    Securities and this Indenture (other than the type contemplated by Section&#160;14.09(c)) may be served, <i>provided</i> that such office or agency may instead be at the principal office of the Company located in the United States (and, notwithstanding the
    final sentence of this Section&#160;4.02, shall initially be at such office until the Company notifies the Trustee otherwise).</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company may also from time to time designate one or more other offices or agencies where the Securities may be presented or surrendered for any or
    all such purposes and may from time to time rescind such designations. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company hereby initially designates the Corporate Trust Office of the Trustee as an agency of the Company in accordance with Section&#160;2.03;
    provided that, under no circumstances shall the Trustee be an agent for service of legal process on the Company.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;4.03.<i>&#160;&#160;&#160;&#160;&#160; Annual Reports.</i> (a) The Company shall provide to the Trustee a copy of each report the Company is required to file with the
    SEC pursuant to Section 13 or 15(d) of the Exchange Act no later than the date 15 Business Days after such report is required to be filed</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">with the SEC pursuant to the Exchange Act (after giving effect to any grace period provided by Rule 12b-25 under the Exchange Act); <i>provided</i>,
    <i>however</i>, that each such report will be deemed to be so provided to the Trustee if the Company files such report with the SEC through the SEC&#8217;s EDGAR database no later than the time such report is required to be filed with the SEC pursuant to the
    Exchange Act (taking into account any applicable grace periods provided thereunder). To the extent the TIA then applies to this Indenture, the Company shall comply with TIA &#167; 314(a).</p>
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    the Securities Act, the Company will, during any period in which the Company is not subject to Section 13 or 15(d) of the Exchange Act, furnish to holders of the Securities and prospective investors, upon request, the information required to be
    delivered pursuant to Rule 144(c)(2) under the Securities Act.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; Delivery of such reports, information and documents to the Trustee pursuant to this Section&#160;4.03 is for informational purposes
    only, and the Trustee&#8217;s receipt of such shall not constitute actual or constructive notice of any information contained therein or determinable from information contained therein, including the Company&#8217;s compliance with any of its covenants hereunder
    (as to which the Trustee is entitled to rely exclusively on an Officers&#8217; Certificate).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
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    reports with the Commission in accordance with this Section&#160;4.03.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If the Company is required to pay Special Interest to Holders, the Company shall provide a direction or order in the form of an Officers&#8217; Certificate
    to the Trustee (and if the Trustee is not the Paying Agent, to the Paying Agent) of the Company&#8217;s obligation to pay such Special Interest no later than ten Business Days prior to the date on which any such Special Interest is scheduled to be paid. Such
    Officers&#8217; Certificate shall set forth the amount of Special Interest to be paid by the Company on such payment date and direct the Trustee (or, if the Trustee is not the Paying Agent, to the Paying Agent) to make payment on the terms described in the
    final paragraph of Section&#160;6.01. The Trustee shall not at any time be under any duty or responsibility to any Holder to determine whether the Special Interest is payable, or with respect to the nature, extent, or calculation of the amount of the
    Special Interest owed, or with respect to the method employed in such calculation of the Special Interest.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;4.04.<i>&#160;&#160;&#160;&#160;&#160; Compliance Certificate. </i>The Company shall deliver to the Trustee, within one hundred and twenty (120) calendar days after
    the end of each fiscal year of the Company, commencing with the fiscal year ending [June 29, 2024]<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup>, a certificate from the principal executive, financial or accounting
    officer of the Company stating that such officer has conducted or supervised a review of the activities of the Company, the Guarantors and their respective performance of obligations under this Indenture, the Securities and the Guarantees and that,
    based upon such review, no Default or Event of Default exists hereunder or thereunder or, if a Default or Event of Default then exists, specifying such event, status and the remedial action</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup> NTD: To be updated depending on closing timing.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">proposed to be taken by the Company and the Guarantors with respect to such Default or Event of Default.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
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    will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance
    of this Indenture, the Securities or the Guarantees; and the Company and each Guarantor (to the extent that it may lawfully do so) hereby expressly waive all benefit or advantage of any such law, and covenants that it will not, by resort to any such
    law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law has been enacted.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;4.06.<i>&#160;&#160;&#160;&#160;&#160; Notice of Default. </i>Within 30 days of the Company&#8217;s becoming aware of the occurrence of any Default or Event of Default, the
    Company shall give written notice to the Trustee of such Default or Event of Default, and any remedial action proposed to be taken.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;4.07.<i>&#160;&#160;&#160;&#160;&#160; Future Guarantors</i>. If any Subsidiary of the Company becomes an issuer, borrower or guarantor of a Credit Agreement, the
    Company shall cause such Subsidiary to become a Guarantor hereunder by executing a supplemental indenture, in form reasonably satisfactory to the Trustee, to such effect within 10 days of the date on which such obligation to become a Guarantor
    hereunder arises, as the case may be, and the Company shall deliver an Officers&#8217; Certificate and Opinion of Counsel to the Trustee in connection with such execution.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 5</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Successors</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;5.01.<i>&#160;&#160;&#160;&#160;&#160; When Company May Merge, Etc.</i> Subject to Section&#160;5.03, the Company shall not consolidate with, or merge with or into, or
    sell, transfer, lease, convey or otherwise dispose of all or substantially all of the consolidated property or assets of the Company and its Subsidiaries, taken as a whole, to another Person, whether in a single transaction or series of related
    transactions, unless (i)(x) the Company is the continuing Person or (y) such other Person (the &#8220;<b>Successor Company</b>&#8221;) is organized and existing under the laws of the United States of America, any state of the United States of America or the
    District of Columbia and assumes by supplemental indenture all of the obligations of the Company under the Securities and this Indenture and following such transaction or series of related transactions the Reference Property does not include interests
    in an entity that is a partnership for U.S. federal income tax purposes and (ii)&#160;immediately after giving effect to such transaction or series of transactions, no Default or Event of Default shall have occurred and be continuing under this Indenture.
    Notwithstanding the foregoing, if the Holders of SL Securities make an election to exchange in connection with a Qualifying Spin-Off pursuant to Section&#160;10.06(c), such provisions will govern.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">For purposes of this Section&#160;5.01, the sale, transfer, lease, conveyance or other disposition of all or substantially all of the properties or assets
    of one or more Subsidiaries of the Company to another Person other than the Company or one or more other Subsidiaries of the Company, which properties or assets, if held by the Company instead of such Subsidiaries, would constitute all or substantially
    all of the consolidated properties or assets of the Company</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">and its Subsidiaries, taken as a whole, shall be deemed to be the sale, transfer, lease, conveyance or other disposition of all or substantially all
    of the consolidated properties or assets of the Company and its Subsidiaries, taken as a whole, to another Person.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company shall deliver to the Trustee substantially concurrently with or prior to the consummation of the proposed transaction an Officers&#8217;
    Certificate and an Opinion of Counsel (which may rely upon such Officers&#8217; Certificate as to the absence of Defaults and Events of Default and other statements of fact) stating that the proposed transaction and, if required, such supplemental indenture
    (if any) will, upon consummation of the proposed transaction, comply with the applicable provisions of this Indenture.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;5.02.<i>&#160;&#160;&#160;&#160;&#160; When Guarantors May Merge, Etc</i>. Subject to Section&#160;5.03, a Guarantor shall not consolidate with, or merge with or into,
    another Person, whether in a single transaction or series of related transactions, unless (i)(x) the Company or a Guarantor is the continuing Person or (y) such other Person (any such Person, a &#8220;<b>Successor Guarantor</b>&#8221;) is organized and existing
    under the laws of the United States of America, any state of the United States of America or the District of Columbia and assumes by supplemental indenture all of the obligations of such Guarantor under the Guarantees and this Indenture and
    (ii)&#160;immediately after giving effect to such transaction or series of transactions, no Default or Event of Default shall have occurred and be continuing under this Indenture.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company shall deliver to the Trustee substantially concurrently with or prior to the consummation of the proposed transaction an Officers&#8217;
    Certificate and an Opinion of Counsel (which may rely upon such Officers&#8217; Certificate as to the absence of Defaults and Events of Default and other statements of fact) stating that the proposed transaction and, if required, such supplemental indenture
    (if any) will, upon consummation of the proposed transaction, comply with the applicable provisions of this Indenture.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;5.03.<i>&#160;&#160;&#160;&#160;&#160; Successor Substituted</i>. In case of any such consolidation, merger or any sale, transfer, lease, conveyance or other
    disposition of all or substantially all of the consolidated property or assets of the Company and its Subsidiaries, taken as a whole, or any such consolidation or merger in which there is a Successor Guarantor, and upon the assumption by the Successor
    Company or such Successor Guarantor, as applicable, by supplemental indenture, executed and delivered to the Trustee, of the due and punctual payment of the principal of and accrued and unpaid interest on all of the Securities, the due and punctual
    payment of the Fundamental Change Repurchase Price with respect to all Securities repurchased on each Fundamental Change Repurchase Date, the due and punctual payment of the Investor Repurchase Price with respect to all Securities repurchased on each
    Investor Repurchase Date, the due and punctual delivery or payment, as the case may be, of any consideration due upon conversion of the Securities and the due and punctual performance of all of the covenants and conditions of this Indenture, the
    Securities and the Guarantees to be performed by the Company or such Guarantor, as applicable, such Successor Company or Successor Guarantor shall succeed to and be substituted for the Company or such Guarantor, as applicable, with the same effect as
    if it had been named herein as the party of the first part. Such Successor Company thereupon may cause to be signed, and may issue either in its own name or in the name of the Company any or all of the Securities issuable hereunder which theretofore
    shall not have been signed by the Company and delivered to the Trustee; and, upon the order of such Successor Company instead</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">of the Company and subject to all the terms, conditions and limitations in this Indenture prescribed, the Trustee shall authenticate and shall
    deliver, or cause to be authenticated and delivered, any Securities that previously shall have been signed and delivered by the Officers of the Company to the Trustee for authentication, and any Securities that such Successor Company thereafter shall
    cause to be signed and delivered to the Trustee for that purpose. All the Securities so issued shall in all respects have the same legal rank and benefit under this Indenture as the Securities theretofore or thereafter issued in accordance with the
    terms of this Indenture as though all of such Securities had been issued at the date of the execution hereof. In the event of any such consolidation, merger or any sale, transfer, conveyance or other disposition (but not in the case of a lease) with
    respect to the Company, upon compliance with this Article 5, the Person named as the &#8220;Company&#8221; in the first paragraph of this Indenture or any successor that shall thereafter have become such in the manner prescribed in this Article 5, except in the
    case of a lease, shall be released from its liabilities as obligor and maker of the Securities and its obligations under this Indenture shall terminate.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">In case of any such consolidation, merger or any sale, transfer, lease, conveyance or other disposition, such changes in phraseology and form (but not
    in substance) may be made in the Securities thereafter to be issued as may be appropriate.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 6</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Defaults and Remedies</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;6.01.<i>&#160;&#160;&#160;&#160;&#160; Events of Default</i>. An &#8220;<b>Event of Default</b>&#8221; occurs if:</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; the Company fails to pay the principal of any Security when due, whether on the Maturity Date, on a Fundamental Change Repurchase
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; the Company fails to pay an installment of interest on any Security when due (in cash or through the crediting of PIK Interest or
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">$50,000,000 (or its foreign currency equivalent), or a default occurs that results in the acceleration of maturity, of any indebtedness
    for borrowed money of the Company, any Guarantor or any Significant Subsidiary of the Company in an aggregate amount in excess of $50,000,000 (or its foreign currency equivalent), and such failure or default continues for thirty (30) days after written
    notice of such failure or default is given to the Company by the Trustee or to the Company and the Trustee by the Holders of at least twenty five percent (25%) in aggregate principal amount of the Securities then outstanding;</p>
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    insurance or subject to a binding indemnity from a financially responsible third party with resources sufficient to pay such indemnity obligation when due) is rendered against the Company, any Guarantor or any Significant Subsidiary of the Company,
    which judgment is not discharged or stayed within thirty (30) days after (i) the date on which the right to appeal thereof has expired if no such appeal has commenced, or (ii) the date on which all rights to appeal have been extinguished;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; makes a general assignment for the benefit of its creditors;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160; a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that:</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; is for relief against the Company, any Guarantor or any of the Company&#8217;s Significant Subsidiaries in an involuntary case or
    proceeding with respect to the Company, any Guarantor or any of the Company&#8217;s Significant Subsidiaries, or adjudicates the Company, any Guarantor or any of the Company&#8217;s Significant Subsidiaries insolvent or bankrupt,</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; appoints a Bankruptcy Custodian of the Company, any Guarantor or any of the Company&#8217;s Significant Subsidiaries for any
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; orders the winding up or liquidation of the Company, any Guarantor or any of the Company&#8217;s Significant Subsidiaries,</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">and, in the case of each of the foregoing clauses (i), (ii) and (iii) of this Section&#160;6.01(i), the order or decree remains unstayed and in effect for at least
    sixty (60) consecutive days; or</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160; except as permitted by this Indenture, any Guarantee shall be held in any judicial proceeding to be unenforceable or shall cease
    for any reason to be in full force and effect or any Guarantor, or any Person acting on behalf of any Guarantor, shall deny or disaffirm its obligation under its Guarantee.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">A Default under clause (e) above shall not be an Event of Default until (A) the Trustee notifies the Company in writing, or the Holders of at least
    twenty five percent (25%) in aggregate principal amount of the Securities then outstanding notify the Company and the Trustee in writing, of the Default and (B) the Default is not cured within sixty (60) days after receipt of such notice. Such notice
    must specify the Default, demand that it be remedied and state that the notice is a &#8220;Notice of Default.&#8221; If the Holders of at least twenty five percent (25%) in aggregate principal amount of the outstanding Securities request the Trustee to give such
    notice on their behalf, the Trustee shall, subject to the terms of this Indenture, do so. When a Default is cured, it ceases to exist for all purposes under this Indenture.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Notwithstanding anything to the contrary in the Securities or elsewhere in this Indenture, at the election of the Company, the sole remedy for an
    Event of Default specified in Section&#160;6.01(e) relating to the failure by the Company to comply with Section 4.03(a) (the &#8220;<b>Company&#8217;s Filing Obligations</b>&#8221;), shall consist exclusively of the right to receive interest in the form of Cash Interest
    (or, to the extent any SL Securities remain outstanding and with the consent of Holders of a majority of the aggregate principal amount of the SL Securities outstanding, PIK Interest) (the &#8220;<b>Special Interest</b>&#8221;) on the Securities. (i) For the first
    180 days of the 270-day period on which such Event of Default is continuing beginning on, and including, the date on which such an Event of Default first occurs, the Special Interest will accrue at a rate equal to 0.25% per annum, and (ii) for the last
    90 days of such 270-day period as long as such Event of Default is continuing, the Special Interest will accrue at a rate equal to 0.50% per annum. This Special Interest, as applicable, will accrue on the Securities from and including the date on which
    an Event of Default relating to a failure to comply with the Company&#8217;s Filing Obligations first occurs to and including the 270th day thereafter (or such earlier date on which the Event of Default relating to such obligations shall have been cured or
    waived pursuant to Section&#160;6.04). On such 271st day (or, if such Event of Default is cured or waived pursuant to Section&#160;6.04 prior to such 271st day, on the date such Event of Default is so cured or waived), such Special Interest will cease to accrue
    and, if such Event of Default has not been cured or waived pursuant to Section&#160;6.04 prior to such 271st day, then the Trustee or the Holders of at least twenty five percent (25%) in aggregate principal amount of the Securities then outstanding may
    declare one hundred percent (100%) of the principal of, and accrued and unpaid interest on, all of the Securities to be immediately due and payable. This provision shall not affect the rights of Holders in the event of the occurrence of any other Event
    of Default. If the Company elects to pay the Special Interest as the sole remedy for an Event of Default specified in Section&#160;6.01(e) relating to the failure by the Company to comply with the Company&#8217;s Filing Obligations, the Company shall notify, in
    the manner provided for in Section&#160;14.01, the Holders, the Paying Agent and the Trustee of such election at any time on or before the Close of Business on the date on which such Event of Default first occurs (which notice shall include a statement as</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">to the date from which Special Interest is payable). Upon the Company&#8217;s failure to give such notice, the Securities will be immediately subject to
    acceleration as provided in Section&#160;6.02. If the Special Interest has been paid by the Company directly to the Persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;6.02.<i>&#160;&#160;&#160;&#160;&#160; Acceleration</i>. (a) Subject to the last paragraph of Section&#160;6.01, if applicable, if an Event of Default (excluding an Event
    of Default specified in Section&#160;6.01(h) or Section&#160;6.01(i) with respect to the Company) has occurred and is continuing, either the Trustee, by written notice to the Company, or the Holders of at least twenty five percent (25%) in aggregate principal
    amount of the Securities then outstanding, by written notice to the Company and the Trustee, may declare one hundred percent (100%) of the principal of, and accrued and unpaid interest on, all the Securities to be immediately due and payable in full.
    Upon such declaration, the principal of, and any accrued and unpaid interest on, all Securities shall be due and payable immediately. If an Event of Default specified in Section&#160;6.01(h) or Section&#160;6.01(i) occurs with respect to the Company (and not
    solely with respect to one or more of its Significant Subsidiaries), one hundred percent (100%) of the principal of, and accrued and unpaid interest on, all the Securities shall ipso facto become and be immediately due and payable without any
    declaration or other act on the part of the Trustee or any Holder. The Holders of a majority in aggregate principal amount of the Securities then outstanding by written notice to the Trustee may rescind or annul an acceleration and its consequences if
    (i) the rescission would not conflict with any judgment or decree of a court of competent jurisdiction, (ii) all existing Events of Default, except the nonpayment of principal or interest that has become due solely because of the acceleration, have
    been cured or waived (or are waived concurrently with such rescission or annulment) and (iii) all amounts due to the Trustee under Section&#160;7.06 have been paid. Upon any such rescission or annulment, the Events of Default that were the subject of such
    acceleration shall cease to exist and deemed to have been cured for every purpose.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;6.03.<i>&#160;&#160;&#160;&#160;&#160; Other Remedies</i>. Notwithstanding any other provision of this Indenture, if an Event of Default occurs and is continuing, the
    Trustee may pursue any available remedy by proceeding at law or in equity to collect the payment of amounts due with respect to the Securities or to enforce the performance of any provision of the Securities or this Indenture.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Trustee may maintain a proceeding even if it does not possess any of the Securities or does not produce any of them in the proceeding. A delay or
    omission by the Trustee or any Holder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. All remedies are cumulative.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">In any proceedings brought by the Trustee (and in any proceedings involving the interpretation of any provision of this Indenture to which the Trustee
    shall be a party) the Trustee shall be held to represent all the Holders of the Securities, and it shall not be necessary to make any Holders of the Securities parties to any such proceedings.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">In case the Trustee shall have proceeded to enforce any right under this Indenture and such proceedings shall have been discontinued or abandoned
    because of any waiver pursuant hereto or any rescission and annulment pursuant hereto or for any other reason or shall have been determined adversely to the Trustee, then and in every such case the Company, the Holders and</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">the Trustee shall, subject to any determination in such proceeding, be restored respectively to their several positions and rights hereunder, and all
    rights, remedies and powers of the Company, the Holders and the Trustee shall continue as though no such proceeding had been instituted.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;6.04.<i>&#160;&#160;&#160;&#160;&#160; Waiver of Past Defaults</i>. Subject to Section&#160;6.07 and Section&#160;9.02, the Holders of a majority in aggregate principal amount
    of the Securities then outstanding may on behalf of all Holders of Securities, by written notice to the Trustee, waive any past Default or Event of Default and its consequences, other than a Default or Event of Default (a) in the payment of the
    principal of, or interest on, any Security, or in the payment of the Fundamental Change Repurchase Price, (b) arising from a failure by the Company to convert any Securities in accordance with this Indenture or (c) in respect of any provision of this
    Indenture, the Securities or the Guarantees which, under Section&#160;9.02, cannot be modified or amended without the consent of the Holder of each outstanding Security affected, if:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; all existing Defaults or Events of Default, other than the nonpayment of the principal of and interest on the Securities
    that have become due solely by the declaration of acceleration, have been cured or waived; and</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the rescission would not conflict with any judgment or decree of a court of competent jurisdiction.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">When a Default or an Event of Default is waived, it is cured and ceases to exist for all purposes under this Indenture, but no such waiver will extend
    to any subsequent or other Default or Event of Default or impair any rights of Holders or the Trustee related thereto.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;6.05.<i>&#160;&#160;&#160;&#160;&#160; Control by Majority</i>. The Holders of a majority in aggregate principal amount of the Securities then outstanding shall have
    the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on it with respect to the Securities. However, the Trustee may refuse to follow any direction
    that conflicts with law or this Indenture, is unduly prejudicial to the rights of other Holders or would involve the Trustee in personal liability (it being understood that the Trustee does not have an affirmative duty to ascertain whether or not such
    directions are unduly prejudicial to such Holder). The Trustee shall have no obligation to act unless the Trustee is offered (and if requested, provided) indemnity satisfactory to it; <i>provided</i> that the Trustee may take any other action deemed
    proper by the Trustee that is not inconsistent with such direction.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;6.06.<i>&#160;&#160;&#160;&#160;&#160; Limitation on Suits</i>. Except with respect to any proceeding instituted in accordance with Section&#160;6.07, a Holder shall not
    have any right to institute any suit, action or proceeding in equity or at law upon or under or with respect to this Indenture, or for the appointment of a receiver or a trustee, or for any other remedy under this Indenture unless:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; such Holder previously shall have given the Trustee written notice of a continuing Event of Default;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; the Holders of at least twenty five percent (25%) in aggregate principal amount of the Securities then outstanding shall have made
    a written request to the Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; such Holder or Holders shall have offered and if requested, provided to the Trustee indemnity satisfactory to the Trustee against
    any loss, liability or expense to or of the Trustee in connection with pursuing such remedy; and</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; the Trustee shall have failed to comply with the request for sixty (60) days after receipt of such notice, request and offer of
    indemnity, and during such sixty (60) day period, the Holders of a majority in aggregate principal amount of the Securities then outstanding have not given the Trustee a direction that is inconsistent with the request.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">A Holder may not use this Indenture to prejudice the rights of another Holder or to obtain a preference or priority over another Holder (it being
    understood that the Trustee does not have an affirmative duty to ascertain whether or not such actions or forbearances are unduly prejudicial to such Holders). A Holder shall have the right to not enforce any right under this Indenture except in the
    manner herein.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;6.07.<i>&#160;&#160;&#160;&#160;&#160; Rights of Holders to Receive Payment and to Convert Securities</i>. Notwithstanding any other provision of this Indenture, the
    right of any Holder to receive payment of all amounts (including any principal, interest or the Fundamental Change Repurchase Price) due with respect to the Securities, on or after the respective due dates as provided herein, or to bring suit for the
    enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of the Holder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">In addition, notwithstanding any other provision of this Indenture, the right of any Holder to receive consideration due upon conversion of the
    Securities in accordance with Article 10, or to bring suit for the enforcement of such right, shall not be impaired or affected without the consent of the Holder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;6.08.<i>&#160;&#160;&#160;&#160;&#160; Collection Suit by Trustee</i>. If an Event of Default specified in Section&#160;6.01(a) or Section&#160;6.01(b) has occurred and is
    continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company for the whole amount due with respect to the Securities, including any unpaid and accrued interest.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;6.09.<i>&#160;&#160;&#160;&#160;&#160; Trustee May File Proofs of Claim</i>. The Trustee may file such proofs of claim and other papers or documents as may be
    necessary or advisable in order to have the claims of the Trustee, any predecessor Trustee and the Holders allowed in any judicial proceedings relative to the Company or its creditors or properties.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Trustee may collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same, and any
    custodian, receiver, assignee, trustee, liquidator, sequestrator or similar official in any judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of
    such payments directly to the Holders, to pay the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section&#160;7.06.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">adjustment or composition affecting the Securities or the rights of any Holder thereof, or to authorize the Trustee to vote in respect of the claim of
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Trustee, upon prior written notice to the Company, may fix a record date and payment date for any payment by it to Holders pursuant to this
    Section&#160;6.10. At least fifteen (15) days before each such record date, the Trustee shall send to each Holder and the Company a written notice that states such record date and payment date and the amount of such payment.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
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    the Trustee for any action taken or omitted by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit other than the Trustee of an undertaking to pay the costs of the suit, and the court in its discretion may
    assess reasonable costs, including reasonable attorneys&#8217; fees, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section&#160;6.11 does not apply to a suit by
    the Trustee, a suit by a Holder pursuant to Section&#160;6.07 or a suit by a Holder or group of Holders of more than ten percent (10%) in aggregate principal amount of the outstanding Securities.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 7</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Trustee</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.01.<i>&#160;&#160;&#160;&#160;&#160; Duties of Trustee</i>. (a) If an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights
    and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent Person would exercise or use under the circumstances in the conduct of his or her own affairs.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; Except during the continuance of an Event of Default:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Trustee need perform only those duties that are specifically set forth in this Indenture and no implied covenants or
    obligations shall be read into this Indenture against the Trustee; and</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; in the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the
    correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions which</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-indent: 0pt">by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall examine the certificates and
    opinions to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts stated therein).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160; The Trustee may not be relieved from liability for its own negligent action, its own negligent failure to act or its own willful
    misconduct, except that:</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it is proved
    that the Trustee was negligent in ascertaining the pertinent facts; and</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance with a
    direction received by it pursuant to Section&#160;6.05.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;Every provision of this Indenture that in any way relates to the Trustee is subject to the provisions of this Section&#160;7.01.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(e)&#160;&#160;&#160;&#160;&#160;&#160; The Trustee shall not be liable for interest on or the investment of any money received by it except as the Trustee may agree in
    writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial
    liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers. If any party fails to deliver a notice relating to an event the fact of which, pursuant to this Indenture, requires notice to be sent to the
    Trustee, the Trustee may conclusively rely on its failure to receive such notice as reason to act as if no such event occurred, unless a Responsible Officer of the Trustee had actual knowledge of such event.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(g)&#160;&#160;&#160;&#160;&#160; The Trustee shall not be liable in respect of any payment (as to the correctness of amount, entitlement to receive or any other
    matters relating to payment) or notice effected by the Company or any Paying Agent or any records maintained by any co-Registrar with respect to the Securities.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.02.<i>&#160;&#160;&#160;&#160;&#160; Rights of Trustee</i>. (a) The Trustee may conclusively rely on any document believed by it in good faith to be genuine and to
    have been signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in the document; if, however, the Trustee shall determine to make such further inquiry or investigation, it shall be entitled during normal
    business hours to examine the relevant books, records and premises of the Company, personally or by agent or attorney upon reasonable prior notice, at the sole cost of the Company, and shall incur no liability or additional liability of any kind by
    reason of such inquiry or investigation.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; Before the Trustee acts or refrains from acting, it may require an Officers&#8217; Certificate and/or an Opinion of Counsel. The Trustee
    shall not be liable for any action it</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">takes or omits to take in good faith in reliance on such Officers&#8217; Certificate or Opinion of Counsel.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; Any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Order, and any resolution
    of the Board of Directors shall be sufficiently evidenced by a Board Resolution.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; The Trustee may consult with counsel of its own selection, and the advice of such counsel or any opinion of counsel shall be full
    and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(e)&#160;&#160;&#160;&#160;&#160;&#160; The Trustee may act through agents or attorneys and shall not be responsible for the misconduct or negligence of any agent or
    attorney appointed with due care.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; The Trustee shall not be liable for any action it takes or omits to take in good faith which it believes to be authorized or
    within its discretion, rights or powers conferred upon it by this Indenture; <i>provided</i> that the Trustee&#8217;s action does not constitute willful misconduct or negligence.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(g)&#160;&#160;&#160;&#160;&#160; Except with respect to Section&#160;4.01, where it acts as Paying Agent, the Trustee shall have no duty to inquire as to the
    performance of the Company with respect to the covenants contained in Article 4. In addition, the Trustee shall not be deemed to have knowledge of an Event of Default except (i) any Default or Event of Default occurring pursuant to Section&#160;6.01(a) or
    (b) for which it acts as Paying Agent or (ii) any Default or Event of Default of which a Responsible Officer of the Trustee who shall have direct responsibility for the administration of this Indenture shall have received written notification or
    obtained actual knowledge. Delivery of reports, information and documents to the Trustee under Article 4 (other than Section&#160;4.04 and 4.06) is for informational purposes only and the Trustee&#8217;s receipt of the foregoing shall not constitute actual or
    constructive notice of any information contained therein or determinable from information contained therein, including the Company&#8217;s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely on Officers&#8217; Certificates).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(h)&#160;&#160;&#160;&#160;&#160; The Trustee shall be under no obligation to exercise any of the rights or powers vested by this Indenture at the request or demand
    of any of the Holders pursuant to this Indenture unless such Holders shall have offered to the Trustee security or indemnity satisfactory to the Trustee against the costs, expenses and liabilities which might be incurred by it in compliance with such
    request or demand.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160; The rights, privileges, protections, immunities and benefits given to the Trustee, including without limitation, its right to be
    indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each Securities Agent, agent, custodian and other Person employed to act hereunder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trustee may request that the Company deliver a certificate setting forth the names of individuals and/or titles of Officers
    authorized at such time to take specified actions pursuant to this Indenture, which certificate may be signed by any Person authorized to sign</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">an Officers&#8217; Certificate, including any Person specified as so authorized in any such certificate previously delivered and not
    superseded.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(k)&#160;&#160;&#160;&#160;&#160; Anything in this Indenture to the contrary notwithstanding, in no event shall the Trustee or any Securities Agent be liable under
    or in connection with this Indenture, the Securities and the Guarantees for indirect, special, incidental, punitive or consequential losses or damages of any kind whatsoever, including but not limited to lost profits, whether or not foreseeable, even
    if the Trustee or such Securities Agent has been advised of the possibility thereof and regardless of the form of action in which such damages are sought.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(l)&#160;&#160;&#160;&#160;&#160;&#160;&#160; No bond or surety shall be required of the Trustee with respect to performance of the Trustee&#8217;s duties and powers hereunder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(m)&#160;&#160;&#160; Under no circumstances shall the Trustee be liable in its individual capacity for the obligations evidenced by this Indenture, the
    Securities or the Guarantees.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(n)&#160;&#160;&#160;&#160;&#160; Any discretion, permissive right, or privilege of the Trustee hereunder shall not be deemed to be or otherwise construed as a duty
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.03.<i>&#160;&#160;&#160;&#160;&#160; Individual Rights of Trustee</i>. The Trustee in its individual or any other capacity may become the owner or pledgee of
    Securities and may otherwise deal with the Company or any of its Affiliates with the same rights the Trustee would have if it were not Trustee. Any Securities Agent may do the same with like rights. The Trustee, however, must comply with Section&#160;7.09.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.04.<i>&#160;&#160;&#160;&#160;&#160; Trustee&#8217;s Disclaimer</i>. The Trustee makes no representation as to the validity or adequacy of this Indenture, the Securities
    or the Guarantees; the Trustee shall not be accountable for the Company&#8217;s use of the proceeds from the Securities; and the Trustee shall not be responsible for any statement in the Securities other than its certificate of authentication.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.05.<i>&#160;&#160;&#160;&#160;&#160; Notice of Defaults</i>. If a Default or Event of Default occurs and is continuing as to which the Trustee is deemed to have
    knowledge in accordance with Section&#160;7.02(g), then the Trustee shall send to each Holder a notice of the Default or Event of Default within thirty (30) days after receipt of such notice or after acquiring such knowledge, as applicable, unless such
    Default or Event of Default has been cured or waived; <i>provided</i>, <i>however</i>, that, except in the case of a Default or Event of Default in payment or delivery of any amounts due (including principal, interest, the Fundamental Change
    Repurchase Price or the consideration due upon conversion) with respect to any Security, the Trustee may withhold such notice if, and so long as it in good faith determines that, withholding such notice is in the best interests of Holders.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.06.<i>&#160;&#160;&#160;&#160;&#160; Compensation and Indemnity</i>. The Company shall pay to the Trustee from time to time such compensation for its services
    hereunder as shall be mutually agreed upon in writing. The Trustee&#8217;s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for all reasonable out-of-pocket
    expenses incurred by it pursuant to, and in accordance with, any provision hereof, except for any such expenses as shall have been caused by the Trustee&#8217;s own gross negligence or willful misconduct, as determined by a final non-appealable order of a
    court</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">of competent jurisdiction. Such expenses shall include the reasonable compensation and out-of-pocket expenses of the Trustee&#8217;s agents and counsel. The
    Trustee shall provide the Company with reasonable notice of any expense not in the ordinary course of business.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company shall indemnify each of the Trustee, each predecessor Trustee and their respective officers, directors, employees and agents for, and hold
    each of them harmless against, any and all loss, liability, damage, claim, cost or expense (including the reasonable fees and expenses of counsel and taxes other than those based upon the income of the Trustee) incurred by it in connection with the
    acceptance or administration of this trust, the performance of its duties and/or the exercise of its rights hereunder, or in connection with enforcing the provisions of this Section&#160;7.06, including the reasonable costs and expenses of defending itself
    against any claim (whether asserted by the Company, any Holder or any other Person) or liability in connection with the exercise or performance of any of its powers and duties hereunder. The Company need not pay for any settlement made without its
    consent, which consent shall not be unreasonably withheld. The Trustee shall notify the Company promptly of any claim for which it may seek indemnification; <i>provided</i> that failure to give such notice shall not relieve the Company of its
    obligations under this Section&#160;7.06. The Company need not reimburse any expense or indemnify against any loss or liability incurred by the Trustee through the Trustee&#8217;s own gross negligence or willful misconduct, as determined by a final non-appealable
    order of a court of competent jurisdiction.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">To secure the Company&#8217;s payment obligations in this Section&#160;7.06, the Trustee shall have a lien prior to the Securities on all money or property held
    or collected by the Trustee, except that held in trust to pay amounts due on particular Securities.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The indemnity obligations of the Company with respect to the Trustee provided for in this Section&#160;7.06 shall survive any resignation or removal of the
    Trustee and any termination of this Indenture.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">When the Trustee incurs expenses or renders services after an Event of Default specified in Section&#160;6.01(h) or Section&#160;6.01(i) occurs, the expenses
    and the compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.07.<i>&#160;&#160;&#160;&#160;&#160; Replacement of Trustee</i>. A resignation or removal of the Trustee and appointment of a successor Trustee shall become
    effective only upon the successor Trustee&#8217;s acceptance of appointment as provided in this Section&#160;7.07. For the avoidance of doubt, the Trustee shall continue its role until the appointment of a successor Trustee is effective.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Trustee may resign by so notifying the Company in writing thirty (30) days prior to such resignation. The Holders of a majority in aggregate
    principal amount of the Securities then outstanding may remove the Trustee by so notifying the Trustee and the Company in writing and may appoint a successor Trustee with the Company&#8217;s consent. The Company may remove the Trustee if:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; the Trustee fails to comply with Section&#160;7.09;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; the Trustee is adjudged bankrupt or insolvent;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; a receiver or other public officer takes charge of the Trustee or its property; or</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; the Trustee becomes incapable of acting.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If the Trustee resigns or is removed for any reason, the Company shall promptly appoint a successor Trustee so that no vacancy exists in the role of
    Trustee.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If a successor Trustee does not take office within thirty (30) days after the retiring Trustee resigns or is removed, the retiring Trustee (at the
    Company&#8217;s expense), the Company or the Holders of at least ten percent (10%) in aggregate principal amount of the outstanding Securities may petition any court of competent jurisdiction for the appointment of a successor Trustee.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If the Trustee fails to comply with Section&#160;7.09, the Company or any Holder may petition any court of competent jurisdiction for the removal of the
    Trustee and the appointment of a successor Trustee.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Company. Thereupon the resignation or
    removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee shall send a notice of its succession to Holders. The retiring
    Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, subject to the lien provided for in Section&#160;7.06.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.08.<i>&#160;&#160;&#160;&#160;&#160; Successor Trustee by Merger, Etc.</i> Any organization or entity into which the Trustee may be merged or converted or with which
    it may be consolidated, or any organization or entity resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any organization or entity succeeding to all or substantially all of the corporate trust business of
    the Trustee, shall be the successor of the Trustee hereunder, provided such organization or entity shall be otherwise qualified and eligible under this Article 6, without the execution or filing of any paper or any further act on the part of any of the
    parties hereto.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.09.<i>&#160;&#160;&#160;&#160;&#160; Eligibility; Disqualification</i>. There shall at all times be a Trustee hereunder that (a) is an entity organized and doing
    business under the laws of the United States of America or of any state thereof or the District of Columbia, (b) is subject to supervision or examination by federal or state authorities and (c) has a combined capital and surplus of at least $50.0
    million as set forth in its most recent published annual report of condition.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.10.<i>&#160;&#160;&#160;&#160;&#160; Preferential Collection of Claims Against Company</i>. To the extent the TIA then applies to the Indenture, the Trustee is
    subject to TIA &#167; 311(a), excluding any creditor relationship listed in TIA &#167; 311(b). To the extent the TIA then applies to the Indenture, a Trustee who has resigned or been removed shall be subject to &#167; 311(a) to the extent indicated.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;7.11.<i>&#160;&#160;&#160;&#160;&#160; Reports by Trustee to Holders</i>. Within one hundred and twenty (120) days after the end of each fiscal year of the Company,
    commencing with the fiscal year ending [June 29, 2024], the Trustee shall send to all Holders of the Securities, as their names and addresses appear on the register kept by the Registrar, a brief report in accordance with, and to the extent required
    under, TIA &#167; 313(a) (but if no event described in TIA &#167; 313(a) has occurred within the</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">twelve months preceding the reporting date, no report need be transmitted). The Trustee also will comply with TIA &#167; 313(b)(2). The Trustee will also
    send all reports as required by TIA &#167; 313(c). A copy of each report at the time of its delivery to the Holders of Securities shall be delivered to the Company and each stock exchange on which the Securities are listed in accordance with TIA &#167; 313(d).
    The Company shall promptly notify the Trustee in writing when the Securities are listed on any stock exchange or any delisting thereof.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 8</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Discharge of Indenture</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;8.01.<i>&#160;&#160;&#160;&#160;&#160; Termination of the Obligations of the Company</i>. This Indenture shall cease to be of further effect, and the Trustee shall
    execute instruments acknowledging satisfaction and discharge of this Indenture, if (a) either (i) all outstanding Securities (other than Securities replaced pursuant to Section&#160;2.07) have been delivered to the Trustee for cancellation or (ii) all
    outstanding Securities have become due and payable at their scheduled maturity, upon conversion or Repurchase Upon Fundamental Change and in either case the Company irrevocably deposits, prior to the applicable due date, with the Trustee or the Paying
    Agent (if the Paying Agent is not the Company or any of its Affiliates) cash (or, in the case of conversion, delivers to the Holders in accordance with Article 10 cash or a combination of cash and Common Stock (and cash in lieu of any fractional
    shares), as applicable, solely to satisfy the Company&#8217;s Conversion Obligation) sufficient to satisfy all obligations due and owing on all outstanding Securities (other than Securities replaced pursuant to Section&#160;2.07) on the Maturity Date, the
    relevant settlement date of any conversion or the Fundamental Change Repurchase Date, as the case may be; (b) the Company pays to the Trustee all other sums payable hereunder by the Company; and (c) the Company has delivered to the Trustee an Officers&#8217;
    Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for herein relating to the satisfaction and discharge of this Indenture have been complied with; <i>provided</i>, <i>however</i>, that Section&#160;2.03,
    Section&#160;2.04, Section&#160;2.05, Section&#160;2.08, Section&#160;7.06, Section&#160;7.07, Section&#160;7.08, Section&#160;7.09, Section&#160;14.09 and Section&#160;14.14, and this Article 8 shall survive any discharge of this Indenture until such time as all payments in respect of the
    Securities have been paid in full and there are no Securities outstanding; <i>provided further</i>, <i>however</i>, that Section&#160;7.06 shall also survive after the Securities are paid in full and there are no Securities outstanding.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;8.02.<i>&#160;&#160;&#160;&#160;&#160; Application of Trust Money</i>. The Trustee shall hold in trust all money deposited with it pursuant to Section&#160;8.01 and shall
    apply such deposited money through the Paying Agent and in accordance with this Indenture to the payment of amounts due on the Securities.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;8.03.<i>&#160;&#160;&#160;&#160;&#160; Repayment to Company</i>. Subject to applicable escheatment laws, the Trustee and the Paying Agent shall promptly notify the
    Company of, and pay to the Company upon the written request of the Company, any excess money or property held by them at any time. The Trustee or the Paying Agent, as the case may be, shall provide written notice to the Company of any money or property
    that has been held by it and has, for a period of two (2) years, remained unclaimed for the payment of the principal of, or any accrued and unpaid interest on, the</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">Securities. Subject to the requirements of applicable law, the Trustee and the Paying Agent shall pay to the Company upon the written request of the
    Company any money held by them for the payment of the principal of, or any accrued and unpaid interest on, the Securities that remains unclaimed for two (2) years. After payment to the Company, Holders entitled to the money must look to the Company for
    payment as general creditors, subject to applicable law, and all liability of the Trustee and the Paying Agent with respect to such money and payment shall, subject to applicable law, cease.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;8.04.<i>&#160;&#160;&#160;&#160;&#160; Reinstatement</i>. If any money, Common Stock or other consideration cannot be applied in accordance with Section&#160;8.01 and
    Section&#160;8.02 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the obligations of the Company and the Guarantors under this
    Indenture, the Securities and the Guarantees shall be revived and reinstated as though no deposit or delivery had occurred pursuant to Section&#160;8.01 and Section&#160;8.02 until such time as the Trustee or Paying Agent is permitted to apply all such money in
    accordance with Section&#160;8.01 and Section&#160;8.02; <i>provided</i>, <i>however</i>, that if the Company has made any payment of amounts due with respect to any Securities because of the reinstatement of its obligations, then the Company shall be
    subrogated to the rights of the Holders of such Securities to receive such payment from the money, Common Stock or other consideration held by the Trustee or Paying Agent.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 9</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Amendments</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;9.01.<i>&#160;&#160;&#160;&#160;&#160; Without Consent of Holders</i>. The Company and the Guarantors may amend or supplement this Indenture, the Securities or the
    Guarantees without notice to or the consent of any Holder:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; to comply with Article 5 or Section&#160;10.11;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; to secure the obligations of the Company in respect of the Securities or add additional guarantees with respect to the Securities
    (including, for the avoidance of doubt, any Guarantees by a Successor Guarantor pursuant to Article 11 or any Guarantee by an additional Guarantor as required by Section&#160;4.07);</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; to evidence and provide for the appointment of a successor Trustee in accordance with Section&#160;7.07;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; to comply with the provisions of any securities depository, including the Depository, clearing agency, clearing corporation or
    clearing system, or the requirements of the Trustee or the Registrar, relating to transfers and exchanges of any applicable Securities pursuant to this Indenture;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; to make provision with respect to adjustments to the Conversion Rate as required by this Indenture or to increase the Conversion
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(g)&#160;&#160;&#160;&#160;&#160; to make any change that does not adversely affect the rights of any Holder;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160; to provide for or confirm the issuance of PIK Securities pursuant to Section&#160;2.02; or</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160; to comply with the requirements of the SEC in order to effect or maintain the qualification of this Indenture and any
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">In addition, the Company and the Trustee may enter into a supplemental indenture without the consent of Holders of the Securities to cure any
    ambiguity, defect, omission or inconsistency in this Indenture in a manner that does not materially adversely affect the rights of any Holder (as determined in good faith by the Company).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Any supplemental indenture authorized by the provisions of this Section&#160;9.01 may be executed by the Company, the Guarantors and the Trustee without
    the consent of the Holders of any of the Securities at the time outstanding, notwithstanding any of the provisions of Section&#160;9.02.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;9.02.<i>&#160;&#160;&#160;&#160;&#160; With Consent of Holders</i>. Subject to the immediately succeeding paragraph, the Company and the Guarantors may amend or
    supplement this Indenture, the Securities or the Guarantees with the written consent of the Holders of at least a majority in aggregate principal amount of the outstanding Securities (including, without limitation, consents obtained from Holders in
    connection with a purchase of, or tender or exchange offer for, Securities) and in compliance with Section 4.17 of the Investment Agreement. Subject to Section&#160;6.04, Section&#160;6.07, the immediately succeeding paragraph and Section 4.17 of the Investment
    Agreement, the Holders of a majority in aggregate principal amount of the outstanding Securities may, by written notice to the Trustee, waive by consent (including, without limitation, consents obtained from Holders in connection with a purchase of, or
    tender or exchange offer for, Securities) compliance by the Company and the Guarantors with any provision of this Indenture, the Securities or the Guarantees without notice to any other Holder. Notwithstanding the foregoing or anything herein to the
    contrary, without the consent of the Holder of each outstanding Security affected, an amendment, supplement or waiver, including a waiver pursuant to Section&#160;6.04, may not:</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; change the stated maturity of the principal of, or the payment date of any installment of interest on, any Security;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; reduce the principal amount of any Security, or any interest on, any Security;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; change the place or currency of payment of principal of, or any interest on, any Security;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; change the ranking of the Securities;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(e)&#160;&#160;&#160;&#160;&#160;&#160; impair the right of any Holder to receive any payment on, or with respect to, or any delivery or payment due upon the conversion
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">institute suit for the enforcement of any delivery or payment on, or with respect to, or due upon the conversion of, any Security;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; reduce the Fundamental Change Repurchase Price of any Securities or modify, in a manner adverse to Holders, the obligation of the
    Company pursuant to Section&#160;3.01 to repurchase Securities upon the occurrence of a Fundamental Change;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(g)&#160;&#160;&#160;&#160;&#160; reduce the Conversion Rate other than as provided under this Indenture or adversely affect the right of Holders to convert
    Securities in accordance with Article 10;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(h)&#160;&#160;&#160;&#160;&#160; reduce the percentage in aggregate principal amount of outstanding Securities whose Holders must consent to a modification to or
    amendment of any provision of this Indenture or the Securities;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160; other than in accordance with the provisions of this Indenture, eliminate any existing Guarantee of the Securities or modify the
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160; modify the provisions of Article 9 that require each Holder&#8217;s consent or the waiver provisions of Section&#160;6.04 with respect to
    modification and waiver (including waiver of a Default or an Event of Default), except to increase the percentage required for modification or waiver or to provide for the consent of each affected Holder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Notwithstanding the foregoing or anything to the contrary, so long as any SL Securities are outstanding, without the consent of the Holders of one
    hundred percent (100%) of the aggregate principal amount of the SL Securities, an amendment, supplement or waiver, including a waiver pursuant to Section&#160;6.04, may not modify any provision contained in this Indenture specifically and uniquely
    applicable to the SL Securities in a manner adverse to the Holders of, or the holders of a beneficial interest in, the SL Securities.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Promptly after an amendment, supplement or waiver under Section&#160;9.01 or this Section&#160;9.02 becomes effective, the Company shall send, or cause to be
    sent, to Holders (with a copy to the Trustee) a notice briefly describing such amendment, supplement or waiver. Any failure of the Company to send such notice shall not in any way impair or affect the validity of such amendment, supplement or waiver.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">It shall not be necessary for the consent of the Holders under this Section&#160;9.02 to approve the particular form of any proposed amendment, supplement
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;9.03.<i>&#160;&#160;&#160;&#160;&#160; Revocation and Effect of Consents</i>. Until an amendment, supplement or waiver becomes effective (or until such earlier date as
    specified by the Company in connection with the solicitation of such consent), a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the
    consenting Holder&#8217;s Security, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to its Security or portion of a Security if the Trustee receives the notice of revocation
    before the date</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">the amendment, supplement or waiver becomes effective (or such earlier date specified by the Company in connection with the solicitation of such
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">After an amendment, supplement or waiver becomes effective with respect to the Securities, it shall bind every Holder unless such amendment,
    supplement or waiver makes a change that requires, pursuant to Section&#160;9.02, the consent of each Holder affected. In that case, the amendment, supplement or waiver shall bind each Holder of a Security who has consented to it and every subsequent Holder
    of a Security or portion of a Security that evidences the same debt as the consenting Holder&#8217;s Security. Any amendment to this Indenture, the Securities or the Guarantees shall be set forth in a supplemental indenture to this Indenture that complies
    with the TIA as then in effect, if the TIA is applicable to this Indenture.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Nothing in this Section&#160;9.03 shall impair the Company&#8217;s and the Guarantors&#8217; rights pursuant to Section&#160;9.01 to amend this Indenture, the Securities or
    the Guarantees without the consent of any Holder in the manner set forth in, and permitted by, such Section&#160;9.01.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;9.04.<i>&#160;&#160;&#160;&#160;&#160; Notation on or Exchange of Securities</i>. If an amendment, supplement or waiver changes the terms of a Security, the Trustee
    may require the Holder of the Security to deliver it to the Trustee. The Trustee may place an appropriate notation on the Security as directed and prepared by the Company about the changed terms and return it to the Holder. Alternatively, if the
    Company so determines, the Company in exchange for the Security shall issue and the Trustee shall authenticate a new Security that reflects the changed terms.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;9.05.<i>&#160;&#160;&#160;&#160;&#160; Trustee Protected</i>. The Trustee shall sign any amendment, supplemental indenture or waiver authorized pursuant to this
    Article 9; <i>provided</i>, <i>however</i>, that the Trustee need not sign any amendment, supplement or waiver authorized pursuant to this Article 9 that adversely affects the Trustee&#8217;s rights, duties, liabilities or immunities. The Trustee shall
    receive and conclusively rely upon an Opinion of Counsel as to legal matters and an Officers&#8217; Certificate as to factual matters that any supplemental indenture, amendment or waiver is permitted or authorized pursuant to this Indenture and constitutes
    the legal, valid and binding obligation of the Company and the Guarantors, as applicable, enforceable in accordance with its terms (subject to customary exceptions).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;9.06.<i>&#160;&#160;&#160;&#160;&#160; Effect of Supplemental Indentures</i>. Upon the due execution and delivery of any supplemental indenture in accordance with this
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    bound thereby.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 10</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.01.<i>&#160; Conversion Privilege</i>. (a) Subject to the limitations of this Section&#160;10.01, Section&#160;10.02, Section&#160;10.11 and the settlement
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    portion to be converted is an Authorized Denomination) of such Security at</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">any time beginning on [ ], 2027<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup> until the Close of Business on the
    Scheduled Trading Day immediately preceding the Maturity Date, in each case, at the then applicable Conversion Rate per $1,000 principal amount of Securities (subject to the settlement provisions of Section&#160;10.02, the &#8220;<b>Conversion Obligation</b>&#8221;).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; Notwithstanding anything to the contrary in Section 10.01(a), if any of the following events occur following the Issue Date but
    prior to [ ], 2027 (the &#8220;<b>Conversion Restricted Period</b>&#8221;), each Holder of a Security shall have the right, at such Holder&#8217;s option, to convert all or any portion (if the portion to be converted is an Authorized Denomination) of such Security at
    any time from and including the date of such event until the Close of Business on the Scheduled Trading day immediately preceding the Maturity Date: (i) a transaction or event that constitutes a Fundamental Change or a Make-Whole Fundamental Change
    occurs (regardless of whether a Holder has the right to require the Company to repurchase the Securities pursuant to Section&#160;3.01), (ii) a Merger Event occurs or (iii) the Company enters into a definitive agreement of which the consummation of the
    transactions contemplated thereby would result in a Fundamental Change, Make-Whole Fundamental Change or Merger Event. In addition, notwithstanding anything in the contrary i<font style="font-weight: normal;">n Section 10.01(a), th</font>e restrictions
    on conversion contained in Section 10.01(a) shall not apply with respect to any conversion of the Notes in connection with (i) any exception contained in clauses (v) to (vii) of Section&#160;4.02 of the Investment Agreement or (ii) a foreclosure or
    forestalling a foreclosure under a Permitted Debt Financing Transaction (as defined in the Investment Agreement); <i>provided</i>, <i>however</i>, that upon any conversion of a Security pursuant to clause (ii) of this sentence during the Conversion
    Restricted Period, the Company shall deliver to such converting Holder (x) a number of shares of Common Stock equal to (i) (A) the aggregate principal amount of Securities to be converted <i>divided by</i> (B) $1,000, <i>multiplied by</i> (ii) the
    Conversion Rate in effect on the applicable Conversion Date (<i>provided </i>that the Company shall deliver cash in lieu of fractional shares as described in Section&#160;10.03) <i>plus</i> (y) an amount in cash equal to the accrued and unpaid interest on
    such Securities to, but excluding, the applicable Conversion Date (accrued at the rate applicable to PIK interest) as set forth in Section&#160;10.02(d).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
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    facsimile thereof, with appropriate notarization or signature guarantee, and deliver the completed Conversion Notice or a facsimile thereof to the Conversion Agent, (ii) surrender the Security to the Conversion Agent, (iii)&#160;furnish appropriate
    endorsements and transfer documents if required by the Registrar or Conversion Agent and (iv) pay all transfer or similar taxes if required pursuant to Section&#160;10.04. If a Holder holds a beneficial interest in a Global Security, to convert such
    Security, the Holder must comply with clause (iv) above and the Depository&#8217;s procedures for converting a beneficial interest in a Global Security.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <!-- Field: Rule-Page -->
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i></i></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i></i></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.02.<i>&#160; Conversion Procedure and Payment Upon Conversion</i>.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; Subject to this Section&#160;10.02 and Section&#160;10.11 and the settlement provisions of Section&#160;10.14(c), upon conversion of any
    Security, the Company shall pay or deliver, as the case may be, to the converting Holder, in respect of each $1,000 principal amount of Securities being converted, the applicable Settlement Amount, <i>plus </i>an amount in cash equal to the accrued
    and unpaid interest on such Securities to, but excluding, the applicable Conversion Date (accrued at the rate applicable to PIK interest) as set forth in Section&#160;10.02(d).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Subject to Section&#160;10.02(a)(iv), not later than the Open of Business on the Business Day immediately following the relevant
    Conversion Date, the Company may specify the portion of the Daily Share Amount that will be settled in cash (any such portion of the Daily Share Amount to be settled in cash, the &#8220;<b>Cash Percentage</b>&#8221;) by written notice (a &#8220;<b>Cash Percentage Notice</b>&#8221;)


    to each converting Holder, the Trustee, the Conversion Agent (if other than the Trustee); <i>provided</i>, <i>however</i>, that the Company shall deliver a Cash Percentage Notice no later than the Close of Business on the Business Day immediately
    preceding [&#9679;], 202[&#9679;]<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">5</sup> to all Holders, the Trustee and the Conversion Agent (if other than the Trustee) with respect to all conversions occurring on or after [&#9679;], 202[&#9679;].</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; If the Company timely elects to specify a Cash Percentage, the amount of cash that the Company will deliver in lieu of all
    or applicable portion of the shares of Common Stock comprising the Daily Share Amount for any Trading Day in the applicable Observation Period will equal the Daily Net Cash Portion. The number of shares of Common Stock, if any, that the Company shall
    deliver in respect of each Trading Day in the applicable Observation Period will be a percentage of the Daily Share Amount equal to 100% minus the Cash Percentage.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; If the Company does not timely specify a Cash Percentage for a Conversion Date, the Company shall no longer have the right to
    specify a Cash Percentage with respect to the applicable conversion and shall be required to settle 100% of the Daily Share Amount for each Trading Day of the applicable Observation Period with shares of Common Stock, if any; provided that the Company
    shall pay cash in lieu of fractional shares otherwise issuable upon conversion of Securities in accordance with Section&#160;10.03.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding anything herein to the contrary, the Company hereby initially elects to satisfy its Conversion Obligation with
    respect to any conversion of the SL Securities with a Cash Percentage of [&#9679;]%. The Company may only change the Cash Percentage with respect to any conversion of SL Securities by delivering a written notice that specifies the new Cash Percentage (&#8220;<b>SL
      Settlement Notice</b>&#8221;) to the Holders of SL Securities (with a copy to the Trustee and the Conversion Agent (if other than the Trustee)), and such newly specified Cash Percentage shall be effective no earlier than ten (10) Trading Days after the
    date on which such SL Settlement Notice was received by the Holders of the SL Securities.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Upon the conversion of any Securities, the Company shall promptly (x) determine the Daily Settlement Amount and the amount of
    cash payable in lieu of delivering any fractional shares of Common Stock and (y) notify the Trustee, the Conversion Agent (if other than the Trustee) and such Holder(s) of Securities being so converted of the Daily Settlement Amount and the amount of
    cash payable in lieu of delivering any fractional shares of Common Stock. The Trustee and the Conversion Agent (if other than the Trustee) shall have no responsibility for any such determination.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; Each conversion shall be deemed to have been effected as to any Securities surrendered for conversion at the Close of Business on
    the applicable Conversion Date; <i>provided</i>, <i>however</i>, that the Person in whose name any shares of the Common Stock shall be issuable upon such conversion shall become the holder of record of such shares as of the Close of Business on such
    Conversion Date. Prior to such time, a Holder receiving Common Stock upon conversion shall not be entitled to any rights relating to such Common Stock, including, among other things, the right to vote and receive dividends and notices of shareholder
    meetings. The Company will determine the Conversion Date and the last Trading Day of the relevant Observation Period, as applicable, in accordance with the requirements set forth herein and notify the Trustee and the Holders of the same.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; Except as set forth in Section&#160;10.14(c) and Section&#160;10.11, in the case of any conversion of Securities, the Company shall pay or
    deliver, as the case may be, the consideration due in respect of the Conversion Obligation on the first Business Day immediately following the relevant Conversion Date unless otherwise specified in the written notice referred to in the second proviso
    below; <i>provided</i>, <i>however</i>, the cash portion of the Conversion Obligation shall not be due until the earlier of (A) the 30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> calendar day immediately
    following the relevant Conversion Date and (B) the Maturity Date; <i>provided further</i>, that to the extent a portion of the Conversion Obligation is to be paid in shares of Common Stock, such shares of Common Stock shall be delivered on the day
    specified in a written notice from the owner(s) (or in the case of Global Securities, beneficial owner(s)) of the Securities being converted that is delivered to the Company on or prior to the Conversion Date, which delivery date (in respect of such
    shares of Common Stock) shall be no earlier than the first Business Day immediately following the relevant Conversion Date and be no later than the seventh Business Day immediately following the relevant Conversion Date (it being understood that if no
    such notice is delivered to the Company, then the Company shall deliver such shares on the first Business Day immediately following the relevant Conversion Date); <i>provided</i>, <i>however</i>, that if the delivery date is (or is deemed to be) the
    first Business Day immediately following the relevant Conversion Date and the Company is unable to deliver such shares on such date using commercially reasonable efforts to do so, it shall not constitute an Event of Default if such shares are so
    delivered on the second Business Day immediately following the relevant Conversion Date. In the case of a conversion of a Security in the form of a Global Security, such written notice shall include a certification therein that the beneficial owners
    delivering such written notice are holders that hold beneficial interests in the Securities subject to conversion. If any shares of Common Stock are due to converting Holders, the Company shall issue or cause to be issued, and deliver or</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">cause to be delivered to such Holder, or such Holder&#8217;s nominee(s) or transferee(s), certificates or a book-entry transfer through the
    Depository for the full amount of Common Stock to which such Holder shall be entitled in satisfaction of the Company&#8217;s Conversion Obligation.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; Accrued and unpaid interest (accrued at the rate applicable to PIK interest), if any, to, but not including, the relevant
    Conversion Date shall be paid in cash to the applicable Holders upon conversion, together with the Conversion Obligation. If any Holder surrenders a Security for conversion after the Close of Business on the Record Date for the payment of an
    installment of interest but prior to the Open of Business on the next Interest Payment Date, then, notwithstanding such conversion, the full amount of interest payable with respect to such Security on such Interest Payment Date shall be paid on such
    Interest Payment Date to the Holder of record of such Security at the Close of Business on such Record Date.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(e)&#160;&#160;&#160;&#160;&#160;&#160; If a Holder converts more than one Security at the same time, the Conversion Obligation with respect to such Securities shall be
    based on the total principal amount of all Securities so converted.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; Upon surrender of a Security that is converted in part, the Company shall issue and the Trustee shall authenticate for the Holder
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.03.<i>&#160; Cash in Lieu of Fractional Shares</i>. The Company shall not issue fractional shares of Common Stock upon the conversion of a
    Security. Instead, the Company shall pay to converting Holders cash in lieu of fractional shares based on the Daily VWAP on the last Trading Day of the relevant Observation Period. If more than one Security shall be surrendered for conversion at one
    time by the same Holder, if the Cash Percentage, if any, is less than 100.0%, the number of full shares of Common Stock that shall be issuable upon conversion thereof shall be computed on the basis of the aggregate Daily Settlement Amounts for the
    relevant Observation Period and any fractional shares remaining after such computation shall be paid in cash.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.04.<i>&#160; Taxes on Conversion</i>. If a Holder converts its Security, the Company shall pay any documentary, stamp or similar issue or
    transfer tax or duty due on the issue, if any, of Common Stock upon the conversion. However, the Holder shall pay such tax which is due because the Holder requests the shares of Common Stock to be issued in a name other than the Holder&#8217;s name. The
    Company may refuse to deliver the certificate(s) representing the Common Stock being issued or delivered to the Holder or in a name other than such Holder&#8217;s name until the Conversion Agent receives a sum sufficient to pay any tax or duty which will be
    due because shares of Common Stock are to be issued or delivered in a name other than such Holder&#8217;s name.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
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    of its authorized but unissued stock, for the purpose of effecting the conversion of the Securities, such number of its duly authorized shares of Common Stock as shall from time to time be sufficient for the conversion of all outstanding Securities
    into shares of Common Stock at any time (assuming, for such purposes, (i) delivery of the maximum number of Make-Whole Applicable Increase pursuant to Section&#160;10.14, (ii) at the time of computation of such number of shares, all such Securities would</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">be converted by a single Holder and (iii) that the applicable Cash Percentage is zero). The Company shall, from time to time and in accordance with
    Delaware law, cause the authorized number of shares of Common Stock to be increased if the aggregate of the number of authorized shares of Common Stock remaining unissued shall not be sufficient for the conversion of all outstanding (and issuable as
    set forth above) Securities into shares of Common Stock at any time.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">All Common Stock issued upon conversion of the Securities shall be validly issued, fully paid and non-assessable and shall be free of preemptive or
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company shall comply with all securities laws regulating the offer and delivery of any Common Stock upon conversion of Securities and shall list
    such shares on each national securities exchange or automated quotation system on which the Common Stock is listed on the applicable Conversion Date.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; In case the Company shall pay or make a dividend or other distribution on its Common Stock consisting exclusively of Common
    Stock, the Conversion Rate shall be increased by multiplying such Conversion Rate by a fraction of which the denominator shall be the number of shares of Common Stock outstanding immediately prior to the Open of Business on the Ex Date for such
    dividend or distribution, and the numerator shall be the number of shares of Common Stock outstanding immediately after such dividend or distribution, in the following formula:</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">where,</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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        <td style="text-align: justify">&#160;</td>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
  <!-- Field: Page; Sequence: 65; Value: 2 -->
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
    <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">60</font></div>
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      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">date the Board of Directors determines not to make such distribution, to the Conversion Rate that would then be in effect if such dividend or
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">With respect to an adjustment pursuant to this Section&#160;10.06(c) where there has been a payment of a dividend or other distribution on the Common Stock
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      <tr style="vertical-align: top">
        <td style="width: 40%">&#160;</td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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        <td style="text-align: justify; width: 86%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Conversion Rate in effect immediately prior to the Open of Business on the Ex Date for the Spin-Off;</font></td>
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        <td>&#160;</td>
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">=</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the average of the Closing Sale Prices of the Capital Stock or similar equity interest distributed to holders of the Common Stock applicable
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        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">=</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the average of the Closing Sale Prices of the Common Stock over the Valuation Period.</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The increase to the Conversion Rate under the preceding paragraph shall be determined on the last Trading Day of the Valuation Period, but will be
    given effect immediately after the Open of Business on the Ex Date for such Spin-Off. Notwithstanding the foregoing, for purposes of determining the Conversion Rate in respect of any conversion during the Valuation Period, references within the portion
    of this Section&#160;10.06(c) related to &#8220;Spin-Offs&#8221; to ten (10) consecutive Trading Days shall be deemed replaced with such lesser number of Trading Days as have elapsed from, and including, the Ex Date for such Spin-Off to, but excluding, the relevant
    Conversion Date. If the period from and including the Ex Date for the Spin-Off to and including the last Trading Day of the Observation Period in respect of any conversion of Securities is less than ten (10) Trading Days, references in the portion of
    this Section&#160;10.06(c) related to Spin-Offs with respect to ten (10) Trading Days shall be deemed to be replaced, solely in respect of that conversion of Securities, with such lesser number of Trading Days as have elapsed from, and including, the Ex
    Date for the Spin-Off to, and including, the last Trading Day of such Observation Period.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
  <!-- Field: Page; Sequence: 66; Value: 2 -->
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    <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">61</font></div>
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      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Notwithstanding the foregoing, in connection with a Qualifying Spin-Off (as defined below) and so long the Minimum Ownership Threshold (as defined in
    the Investment Agreement) is satisfied, Holders of SL Securities will have the option, exercisable by written notice to the Company delivered prior to the Close of Business on the Trading Day immediately following the last Trading Day of the Valuation
    Period for such Qualifying Spin-Off, to require the Company to cause the applicable Spin Entity to exchange a Pro Rata Amount (as defined below) of the SL Securities held by such Holders for the same amount of convertible senior PIK toggle notes issued
    by the Spin Entity (the &#8220;<b>Spin Notes</b>&#8221;). A &#8220;<b>Pro Rata Amount</b>&#8221; means the quotient obtained by dividing (i) the average of the Closing Sale Prices of the Capital Stock or similar equity interest distributed to holders of the Common Stock in a
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    into the Spin Notes (whether or not a Spin-Off is a Qualifying Spin-Off) and (ii) that remain after the exchange of the applicable Pro Rata Amount into the Spin Notes shall be referred herein to as the &#8220;<b>Remaining SL Securities</b>,&#8221; and the
    Conversion Rate with respect to the Remaining SL Securities shall be increased based on the formula set forth in, and subject to the provisions of, the two immediately preceding paragraphs above in connection with any Spin-Off (including the Qualifying
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></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: 40%">&#160;</td>
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        <td style="width: 38%">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
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        <td>&#160;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
  <!-- Field: Page; Sequence: 67; Value: 2 -->
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
    <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">62</font></div>
    <div style="page-break-after: always;" class="BRPFPageBreak">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <!-- Field: /Page -->
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">where,</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 108pt; text-indent: -72pt">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 93%; border-collapse: collapse; margin-left: 0.5in">

      <tr style="vertical-align: top">
        <td style="width: 7%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">CR<sub style="vertical-align: bottom; line-height: 1; font-size: smaller;">0</sub></font></td>
        <td style="width: 7%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">=</font></td>
        <td style="text-align: justify; width: 86%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Conversion Rate in effect immediately prior to the Open of Business on the Ex Date for the Spin-Off;</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
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      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">CR'</font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">=</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the initial Conversion Rate for the Spin Notes;</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td>&#160;</td>
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">FMV<sub style="vertical-align: bottom; line-height: 1; font-size: smaller;">0</sub></font></td>
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">=</font></td>
        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Spin Stock Price; and</font></td>
      </tr>
      <tr style="vertical-align: top">
        <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</font></td>
        <td>&#160;</td>
        <td style="text-align: justify">&#160;</td>
      </tr>
      <tr style="vertical-align: top">
        <td style="padding-bottom: 8pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">MP<sub style="vertical-align: bottom; line-height: 1; font-size: smaller;">0</sub></font></td>
        <td style="padding-bottom: 8pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">=</font></td>
        <td style="text-align: justify; padding-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the average of the Closing Sale Prices of the Common Stock over the Valuation Period for a Qualifying Spin-Off.</font></td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The provisions of this Section&#160;10.06(c) shall similarly apply to successive Spin-Offs. The Company shall not consummate any Qualifying Spin-Off unless
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Subject in all respects to Section&#160;10.13, rights, options or warrants distributed by the Company to all holders of its Common Stock entitling the
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      Event</b>&#8221;): (i) are deemed to be transferred with such Common Stock; (ii) are not exercisable; and (iii) are also issued in respect of future issuances of the Common Stock, shall be deemed not to have been distributed for purposes of this
    Section&#160;10.06(c) (and no adjustment to the Conversion Rate under this Section&#160;10.06(c), will be required) until the occurrence of the earliest Trigger Event, whereupon such rights, options or warrants shall be deemed to have been distributed and an
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    date of this Indenture, are subject to events, upon the occurrence of which such rights, options or warrants become exercisable to purchase different securities, evidences of indebtedness or other assets, then the date of the occurrence of any and each
    such event shall be deemed to be the date of distribution and Ex Date with respect to new rights, options or warrants with such rights (and a termination or expiration of the existing rights, options or warrants without exercise by any of the holders
    thereof). In addition, in the event of any distribution (or deemed distribution) of rights, options or warrants, or any Trigger Event or other event (of the type described in the preceding sentence) with respect thereto that was counted for purposes of
    calculating a distribution amount for which an adjustment to the Conversion Rate under this Section&#160;10.06(c), as the case may be, was made, (1) in the case of any such rights, options or warrants that shall all have been redeemed or repurchased without
    exercise by any holders thereof, the Conversion Rate shall be readjusted upon such final redemption or repurchase to give effect to such distribution or Trigger Event, as the case may be, as though it were a cash distribution, equal to the per share
    redemption or repurchase price received by a holder or holders of Common Stock with respect to such rights, options or warrants (assuming such holder had retained such rights, options or warrants), made to all holders of Common Stock as of the date of
    such redemption or repurchase, and (2) in the case of such rights, options or warrants that</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
  <!-- Field: Page; Sequence: 68; Value: 2 -->
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
    <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">63</font></div>
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  <p style="margin: 0pt;">&#160;</p>
  <!-- Field: /Page -->
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">shall have expired or been terminated without exercise by any holders thereof, the Conversion Rate shall be readjusted as if such rights, options or
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">For purposes of Section&#160;10.06(a), Section&#160;10.06(b) and this Section&#160;10.06(c), any dividend or distribution to which this Section&#160;10.06(c) is
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
  <!-- Field: Page; Sequence: 69; Value: 2 -->
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        <td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the number of shares of Common Stock outstanding immediately after the time such tender or exchange offer expires (after giving effect to such
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    as may be permitted or required by law, if the Board of Directors has made a determination, which determination shall be conclusive, that such increase would be in the best interests of the Company. Such Conversion Rate increase shall be irrevocable
    during such period. The Company shall give notice to the Trustee and the Conversion Agent and cause notice of such increase, which notice will include the amount of the increase and the period during which the increase shall be in effect, to be sent to
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    the treasury of the Company. The Company shall not pay any dividend or distribution on shares of Capital Stock of the Company held in the treasury of the Company to the extent such dividend or distribution would be made in an amount based on the amount
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-indent: 0pt">securities and the investment of additional optional amounts in shares of Common Stock under any plan;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; upon the issuance of any shares of Common Stock or options or rights to purchase those shares pursuant to any present or
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; upon the issuance of any Common Stock pursuant to any option, warrant, right or exercisable, exchangeable or convertible
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; for accrued and unpaid interest, if any;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; repurchases of Common Stock that are not tender offers or exchange offers pursuant to Section&#160;10.06(e), including structured
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(vi)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; solely for a change in the par value of the Common Stock; or</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(vii)&#160;&#160;&#160;&#160;&#160;&#160;&#160; for the issuance of Common Stock or any securities convertible into or exchangeable for Common Stock or the right to purchase
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">No adjustment in the Conversion Rate less than one percent (1%) of the Conversion Rate as last adjusted (or, if never adjusted, the initial Conversion
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    adjustments with respect to the Conversion Rate when the cumulative effect of all adjustments not yet made will result in a change of one percent (1%) or more of the Conversion Rate as last adjusted (or, if never adjusted, the initial Conversion Rate)
    and (ii) notwithstanding the foregoing, all such deferred adjustments that have not yet been made shall be made (including any adjustments that are less than one percent (1%) of the Conversion Rate as last adjusted (or, if never adjusted, the initial
    Conversion Rate)) (1) on the effective date of any Fundamental Change or Make-Whole Fundamental Change and (2) on each Trading Day of any Observation Period (in each case, after such adjustment shall be made such adjustments shall no longer be carried
    forward and taken into account in any subsequent adjustment to the Conversion Rate).</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">No adjustment to the Conversion Rate need be made pursuant to Section&#160;10.06 for a transaction (other than for share splits or share combinations
    pursuant to Section&#160;10.06(a)) if the Company makes provision for each Holder to participate in the transaction, at the same time and upon the same terms as holders of Common Stock participate, and such Holder elects to participate, in such transaction,
    without conversion, as if such Holder held a number of shares of Common Stock equal to the Conversion Rate in effect on the Ex Date or effective date, as applicable, of the transaction (without giving effect to any adjustment pursuant to Section&#160;10.06</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">on account of such transaction), <i>multiplied by</i> principal amount (expressed in thousands) of Securities held by such Holder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.08.<i>&#160; Other Adjustments</i>. Whenever any provision of this Indenture requires the computation of an average of the Closing Sale Prices,
    the Daily VWAPs, the Daily Conversion Values or the Daily Settlement Amounts over a period of multiple Trading Days (including an Observation Period and the period for determining the Applicable Price for purposes of a Make-Whole Fundamental Change),
    the Board of Directors, in its good faith determination, shall appropriately adjust such average to account for any event requiring, pursuant hereto, an adjustment to the Conversion Rate where the effective date, Ex Date or expiration date of such
    event occurs at any time on or after the first Trading Day of such period and on or prior to the last Trading Day of such period.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.09.<i>&#160; Adjustments for Tax Purposes</i>. Except as prohibited by law, the Company may (but is not obligated to) make such increases in the
    Conversion Rate, in addition to those required by Section&#160;10.06 hereof, as it considers to be advisable to avoid or diminish any income tax to any holders of Common Stock (or rights to purchase Common Stock) resulting from any dividend or distribution
    of stock (or rights to acquire stock) or from any event treated as such for income tax purposes or for any other reason.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.10.<i>&#160; Notice of Adjustment and Certain Events</i>. (a) Whenever the Conversion Rate is adjusted, the Company shall promptly file with the
    Trustee and the Conversion Agent an Officers&#8217; Certificate describing in reasonable detail the adjustment and the method of calculation used and the Company shall promptly send to the Holders in accordance with Section&#160;14.01 a notice of the adjustment
    setting forth the adjusted Conversion Rate and the calculation thereof. The certificate and notice shall be conclusive evidence of the correctness of such adjustment. In the absence of an Officers&#8217; Certificate being filed with the Trustee (and the
    Conversion Agent if not the Trustee), the Trustee and the Conversion Agent may assume without inquiry that the Conversion Rate has not been adjusted and that the last Conversion Rate of which it has knowledge remains in effect.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; In case of any:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; action by the Company or one of its Subsidiaries that would require an adjustment to the Conversion Rate in accordance with
    Section&#160;10.06 or Section&#160;10.13;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Merger Event; or</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; voluntary or involuntary dissolution, liquidation or winding-up of the Company;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">then the Company shall at least ten days prior to the anticipated effective date of such transaction or event cause written notice thereof to be sent to the Trustee, the
    Conversion Agent and the Holders in accordance with Section&#160;14.01. Such notice shall also specify, as applicable, the date or expected date on which the holders of Common Stock shall be entitled to a distribution and the date or expected date on which
    the holders of Common Stock shall be entitled to exchange their Common Stock for securities or other property deliverable upon such reorganization, reclassification, consolidation, merger, sale, transfer, dissolution, liquidation or winding-up, as</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">the case may be. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such action by the Company or one of its Subsidiaries,
    Merger Event, dissolution, liquidation or winding-up.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.11.<i>&#160; Effect of Reclassifications, Consolidations, Mergers, Binding Share Exchanges or Sales on Conversion Privilege</i>. If on or after
    the date of this Indenture the Company:</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; reclassifies the Common Stock (other than a change as a result of a subdivision or combination of Common Stock to which
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; is party to a consolidation, merger or binding share exchange; or</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; sells, transfers, leases, conveys or otherwise disposes of all or substantially all of the consolidated property or assets of the
    Company and its Subsidiaries, taken as a whole,</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">in each case, pursuant to which the Common Stock would be converted into or exchanged for, or would constitute solely the right to receive, cash, securities or other
    property (any such event, a &#8220;<b>Merger Event</b>&#8221;), each $1,000 principal amount of converted Securities will, from and after the effective time of such Merger Event, be convertible into the same kind, type and proportions of consideration that a
    holder of a number of shares of Common Stock equal to the Conversion Rate in effect immediately prior to such Merger Event would have received in such Merger Event (&#8220;<b>Reference Property</b>&#8221;) and, prior to or at the effective time of such Merger
    Event, the Company or the successor or purchasing Person, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section&#160;9.01(a) providing for such change in the right to convert the Securities; <i>provided</i>, <i>however</i>,
    that at and after the effective time of the Merger Event (A) the Company shall continue to have the right to determine the Cash Percentage upon conversion of Securities in accordance with Section&#160;10.02 and (B) (I) any amount payable in cash upon
    conversion of the Securities in accordance with Section&#160;10.02 and Section&#160;10.03 shall continue to be payable in cash, (II) any Common Stock that the Company would have been required to deliver upon conversion of the Securities in accordance with
    Section&#160;10.02 shall instead be deliverable in the amount and type of Reference Property that a holder of that number of shares of Common Stock would have received in such Merger Event and (III) the Daily VWAP shall be calculated based on the value of a
    unit of Reference Property. Notwithstanding the foregoing, if the Holders of SL Securities make an election to exchange in connection with a Qualifying Spin-Off pursuant to Section&#160;10.06(c), such provisions will govern.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If the Merger Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration
    determined based in whole or in part upon any form of stockholder election, then (i) the Reference Property into which the Securities will be convertible shall be deemed to be the weighted average of the types and amounts of consideration received by
    the holders of Common Stock that affirmatively make such an election and (ii) the unit of Reference Property for purposes of the immediately preceding paragraph shall refer to the consideration referred to in clause (i) attributable to one share of
    Common Stock. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) of such weighted average as soon as reasonably practicable after such determination is made. If the holders receive only cash in such
    Merger Event, then for all conversions that occur</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">after the effective date of such Merger Event (A) the consideration due upon conversion of each $1,000 principal amount of Securities shall be solely
    cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased pursuant to Section&#160;10.14), multiplied by the price paid per share of Common Stock in such Merger Event and (B) subject to Section&#160;10.14(c) and (f),
    the Company shall satisfy its Conversion Obligation by paying cash to converting Holders on the first Business Day immediately following the relevant Conversion Date.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The supplemental indenture referred to in the first sentence of this Section&#160;10.11 shall provide for the SL Securities and adjustments to the
    Conversion Rate that shall be as nearly equivalent as may be practicable to the adjustments of the Conversion Rate provided for in this Article 10 and for the delivery of cash by the Company in lieu of fractional securities or property that would
    otherwise be deliverable to holders upon conversion as part of the Reference Property, with such amount of cash determined by the Board of Directors in a manner as nearly equivalent as may be practicable to that used by the Company to determine the
    Closing Sale Price of the Common Stock. The Company shall not become a party to any Merger Event unless its terms are consistent with the foregoing. If, in the case of any Merger Event, the stock or other securities and assets receivable thereupon by a
    holder of Common Stock includes shares of stock or other securities and assets of a corporation other than the successor or purchasing corporation, as the case may be, in such Merger Event, then such supplemental indenture shall also be executed by
    such other corporation and shall contain such additional provisions to protect the interests of the Holders of the Securities as the Board of Directors shall reasonably consider necessary by reason of the foregoing, including to the extent practicable
    the provisions providing for the conversion rights set forth in this Article 10. The provisions of this Section&#160;10.11 shall similarly apply to successive consolidations, mergers, binding share exchanges, sales, transfers, leases, conveyances or
    dispositions.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">None of the foregoing provisions shall affect the right of a Holder to convert its Securities as set forth in Section&#160;10.01 and Section&#160;10.02 prior to
    the effective date of such Merger Event.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">In the event the Company shall execute a supplemental indenture in accordance with this Section&#160;10.11, the Company shall promptly file with the
    Trustee an Officers&#8217; Certificate briefly stating the reasons therefor, the kind or amount of Reference Property receivable by Holders of the Securities upon the conversion of their Securities after any such Merger Event and any adjustment to be made
    with respect thereto.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.12.<i>&#160; Trustee&#8217;s Disclaimer</i>. The Trustee and any other Conversion Agent shall have no duty to determine the Conversion Rate (or any
    adjustment thereto) or whether any facts exist that may require that any adjustment under this Article 10 should be made, how it should be made or what such adjustment should be, but may accept as conclusive evidence of the correctness of any such
    adjustment, and shall be protected in relying upon, the Officers&#8217; Certificate with respect thereto which the Company is obligated to file with the Trustee pursuant to Section&#160;10.10 hereof. Neither the Trustee nor any other Conversion Agent makes any
    representation as to the validity or value of any securities or assets issued upon conversion of Securities, and neither the Trustee nor any other Conversion Agent shall be responsible for the</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">failure by the Company to comply with any provisions of this Article 10 or to monitor any Person&#8217;s compliance with this Article 10.</p>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 8pt">[&#9679;]</font></td>
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        <td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 8pt">[&#9679;]</font></td>
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    table above under the row titled &#8220;Applicable Price,&#8221; or if the actual Effective Date of such Make-Whole Fundamental Change is between two Effective Dates listed in the table above in the column immediately below the title &#8220;Effective Date,&#8221; then the
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    immediately before such adjustment to the Conversion Rate and the denominator of which is the Conversion Rate to be in effect, in accordance with this Article 10, immediately after such adjustment to the Conversion Rate;</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; each Make-Whole Applicable Increase amount set forth in the table above shall be adjusted in the same manner, for the same
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; Subject to Section&#160;10.11, upon surrender of Securities for conversion in connection with a Make-Whole Fundamental Change, the
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">for any conversion of Securities following the Effective Date of such Make-Whole Fundamental Change, the Conversion Obligation shall be
    calculated based solely on the Applicable Price for the transaction and shall be deemed to be an amount equal to, per $1,000 principal amount of converted Securities, the Conversion Rate (including any Make-Whole Applicable Increase), multiplied by
    such Applicable Price. In such event but subject to Section&#160;10.14(f), the Conversion Obligation will be determined and shall be paid to Holders in cash on the first Business Day following the Conversion Date.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; As used herein, &#8220;<b>Applicable Price</b>&#8221; shall have the following meaning with respect to a Make-Whole Fundamental Change: (i) if
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    for Common Stock in such Make-Whole Fundamental Change consists solely of cash, then the &#8220;Applicable Price&#8221; with respect to such Make-Whole Fundamental Change shall be equal to the cash amount paid per share of Common Stock in such Make-Whole
    Fundamental Change and (ii) in all other circumstances, the &#8220;Applicable Price&#8221; with respect to such Make-Whole Fundamental Change shall be equal to the average of the Closing Sale Prices per share of Common Stock for the five (5) consecutive Trading
    Days immediately preceding, but excluding, the Effective Date of such Make-Whole Fundamental Change, which average shall be appropriately adjusted by the Board of Directors, in its good faith determination, to account for any adjustment, pursuant
    hereto, to the Conversion Rate that shall become effective, or any event requiring, pursuant hereto, an adjustment to the Conversion Rate where the Ex Date of such event occurs, at any time during such five (5) consecutive Trading Days.</p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(e)&#160;&#160;&#160;&#160;&#160;&#160; The Company shall send to each Holder (with a copy to the Trustee and the Conversion Agent), in accordance with Section&#160;14.01,
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    consummating such Make-Whole Fundamental Change (or, if later, promptly after the Company discovers that a Make-Whole Fundamental Change may occur but at least five (5) Business Days prior to the Effective Date of such Make-Whole Fundamental Change).
    Each such notice shall also state that, in connection with such Make-Whole Fundamental Change, the Company shall increase, in accordance herewith, the Conversion Rate applicable to Securities entitled as provided herein to such increase (along with a
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding anything herein to the contrary contained herein, a Holder may, at its option, deliver a Conversion Notice at any
    time during the period from the delivery of the written notice specified in Section&#160;10.14(e) to the Close of Business on the Business Day immediately preceding the anticipated effective date specified in the notice described in Section&#160;10.14(e) of its
    election to convert such Security contingent upon the consummation of such Fundamental Change or such Make-Whole Fundamental Change (the &#8220;<b>Conditional Conversion Notice</b>&#8221;). For the avoidance of doubt, the Conversion Date of any Security subject to
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: 0pt">such conversion shall be increased by the Make-Whole Applicable Increase. If such Fundamental Change or such Make-Whole Fundamental
    Change, as applicable, is terminated, cancelled or not otherwise consummated within five (5) Business Days of the anticipated effective date specified in the notice described in Section&#160;10.14(e), such Conditional Conversion Notice shall be deemed to be
    withdrawn. In the event a Conditional Conversion Notice is delivered, the Company shall (x) irrevocably deposit, or cause to be deposited, cash and/or shares to satisfy all of the related Conversion Obligations determined pursuant to this Section&#160;10.14
    (including any Make-Whole Applicable Increase), with the Conversion Agent no later than the Effective Date of such Make-Whole Fundamental Change and (y) instruct the Conversion Agent to deliver such cash and/or shares to such Holder(s) or beneficial
    owner(s), as the case may be, on the Effective Date of such Make-Whole Fundamental Change.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(g)&#160;&#160;&#160;&#160;&#160; For avoidance of doubt, the provisions of this Section&#160;10.14 shall not affect or diminish the Company&#8217;s obligations, if any,
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(h)&#160;&#160;&#160;&#160;&#160; Nothing in this Section&#160;10.14 shall prevent an adjustment to the Conversion Rate pursuant to Section&#160;10.06 in respect of a
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;10.15.<i>&#160; Applicable Stock Exchange Restrictions</i>. Notwithstanding anything in this Article 10 to the contrary, in the event of any
    increase in the Conversion Rate that would result in the Securities in the aggregate becoming convertible into shares of Common Stock in excess of the share issuance limitations of the listing rules of The NASDAQ Global Select Market (regardless of
    whether the Company then has a class of securities listed on The NASDAQ Global Select Market), the Company shall, at its option (but without delaying delivery of consideration upon any conversion), either (i) obtain stockholder approval of such
    issuances, in accordance with the stockholder approval rules contained in such listing standards, or (ii) increase the Cash Percentage to pay cash in lieu of delivering any shares of Common Stock otherwise deliverable upon conversion in excess of such
    limitations. If the Company pays cash in lieu of delivering shares of Common Stock pursuant to this Section&#160;10.15, it will notify the Trustee, the Conversion Agent and the Holders of the maximum number of shares it will deliver per $1,000 principal
    amount (and accrued and unpaid interest thereon) of converted Security in respect of the relevant conversion.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 11</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Guarantee of Securities</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.01.<i>&#160; Unconditional Guarantee</i>. Subject to the provisions of this Article 11 and to the fullest extent permitted by applicable law,
    each of the Guarantors hereby, jointly and severally, unconditionally and irrevocably guarantees, on a senior basis to each Holder of a Security authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, irrespective
    of the validity and enforceability of this Indenture, the Securities or the obligations of the Company or any other Guarantors to the Holders or the Trustee hereunder or thereunder: (a) (x) the due and punctual payment of the principal of (including
    any Fundamental Change Repurchase Price), premium, if any, and interest on the Securities when and as the same shall become due and payable, whether at maturity, upon repurchase, by acceleration or otherwise, (y) the due and punctual payment of
    interest on the overdue principal and (to the</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">fullest extent permitted by applicable law) overdue premium, if any, and interest, if any, on the Securities and (z) the due and punctual payment and
    performance of all other obligations of the Company to the Holders or the Trustee hereunder or thereunder (including, without limitation, the payment and/or delivery of the cash or combination of cash and shares of Common Stock due upon conversion of
    the Securities and amounts due the Trustee under Section&#160;7.06 hereof), all in accordance with the terms hereof and thereof (collectively, the &#8220;<b>Guarantee Obligations</b>&#8221;); and (b) in case of any extension of time of payment or renewal of any
    Securities or any of such other obligations, the due and punctual payment and performance of Guarantee Obligations in accordance with the terms of the extension or renewal, whether at maturity, upon repurchase, by acceleration or otherwise. Failing
    payment and/or delivery, as the case may be, by the Company when due of any amount so guaranteed, or failing performance of any other obligation of the Company to the Holders under this Indenture or under the Securities, for whatever reason, each
    Guarantor shall be obligated to pay and/or deliver, or to perform or cause the performance of, the same immediately.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Each of the Guarantors hereby agrees that (to the fullest extent permitted by law) its obligations hereunder shall be unconditional, irrespective of
    the validity, regularity or enforceability of the Securities or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Securities with respect to any provisions hereof or thereof, any release of any
    other Guarantor, the recovery of any judgment against the Company, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a Guarantor. Each of the Guarantors hereby waives
    (to the fullest extent permitted by law) the benefit of diligence, presentment, demand of payment, filing of claims with a court in the event of insolvency or bankruptcy of the Company, any right to require a proceeding first against the Company,
    protest, notice and all demands whatsoever and covenants that its Guarantee shall not be discharged except by complete performance of the obligations contained in the Securities, this Indenture and this Guarantee. This Guarantee is a guarantee of
    payment and not of collection. If any Holder or the Trustee is required by any court or governmental authority to return to the Company or to any Guarantor, or any custodian, trustee, liquidator or other similar official acting in relation to the
    Company or such Guarantor, any amount paid or delivered by the Company or such Guarantor to the Trustee or such Holder, this Guarantee, to the extent theretofore discharged, shall be reinstated in full force and effect. Each Guarantor further agrees
    (to the fullest extent permitted by law) that, as between it, on the one hand, and the Holders of Securities and the Trustee, on the other hand, (a) subject to this Article 11, the maturity of the obligations guaranteed hereby may be accelerated as
    provided in Article 6 for the purposes of this Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed hereby, and (b) in the event of any acceleration of such
    obligations as provided in Article 6 hereof, such obligations (whether or not due and payable) shall forthwith become due and payable by the Guarantors for the purpose of this Guarantee. The Guarantors shall have the right to seek contribution from any
    non-paying Guarantor so long as the exercise of such right does not impair the rights of the Holders under the Guarantees.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.02.<i>&#160; Limitation on Guarantor Liability</i>. Each Guarantor, and by its acceptance of Securities, each Holder, hereby confirms that it is
    the intention of all such parties that the Guarantee of such Guarantor not constitute a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">or any similar federal or state law to the extent applicable to any Guarantee. To effectuate the foregoing intention, the Trustee, the Holders and the
    Guarantors hereby irrevocably agree that the obligations of each Guarantor shall be limited to the maximum amount as will, after giving effect to such maximum amount and all other contingent and fixed liabilities of such Guarantor that are relevant
    under such laws and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under this Article 10, result in the
    obligations of such Guarantor under its Guarantee not constituting a fraudulent conveyance or fraudulent transfer under applicable law. Each Guarantor that makes a payment under its Guarantee shall be entitled upon payment in full of all guaranteed
    obligations under this Indenture to such contribution from each other Guarantor in an amount equal to such other Guarantor&#8217;s pro rata portion of such payment based on the respective net assets of all the Guarantors at the time of such payment
    determined in accordance with generally accepted accounting principles in the United States of America.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.03.<i>&#160; Release of a Guarantee </i>. The Guarantee of a Guarantor will be automatically released upon:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; at such time as such Guarantor is no longer a guarantor or obligor of any Credit Agreement;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; the sale, issuance or other disposition of Capital Stock of such Guarantor (including by way of merger or consolidation), such
    that it is no longer a Subsidiary of the Company, so long as the sale or other disposition does not violate any provisions of Article 5 herein required to be performed at the time of such transaction;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; the satisfaction and discharge in full of the Company&#8217;s obligations under this Indenture in accordance with the terms of this
    Indenture; or</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; in connection with the dissolution or liquidation of such Guarantor;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0"><i>provided</i> as a condition precedent to any such release of a Guarantee of a Guarantor, such Guarantor shall deliver to the Trustee an Officers&#8217; Certificate and
    Opinion of Counsel stating that all conditions provided for in this Indenture relating to such release have been complied with.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.04.<i>&#160; Waiver of Subrogation</i>. Until all amounts then due and payable and/or deliverable by the Company under this Indenture or the
    Securities have been paid and/or delivered in full, each Guarantor hereby irrevocably waives and agrees not to exercise any claim or other rights which it may now or hereafter acquire against the Company that arise from the existence, payment,
    performance or enforcement of the Company&#8217;s obligations under the Securities or this Indenture and such Guarantor&#8217;s obligations under this Guarantee and this Indenture, in any such instance including, without limitation, any right of subrogation,
    reimbursement, exoneration, contribution, indemnification, and any right to participate in any claim or remedy of the Holders against the Company, whether or not such claim, remedy or right arises in equity, or under contract, statute or common law,
    including, without limitation, the right to take or receive from the Company, directly or indirectly, in cash, Common Stock or other assets or by set off or in any other manner, payment or security on account of such claim or other</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">rights. If any amount shall be paid or delivered to any Guarantor in violation of the preceding sentence and any amounts owing to the Trustee or the
    Holders of Securities under the Securities or this Indenture, shall not have been paid or delivered in full, such amount shall have been deemed to have been paid or delivered to such Guarantor for the benefit of, and held in trust for the benefit of,
    the Trustee or the Holders and shall forthwith be paid or delivered to the Trustee for the benefit of itself or such Holders to be credited and applied to the obligations in favor of the Trustee or the Holders, as the case may be, whether matured or
    unmatured, in accordance with the terms of this Indenture. Each Guarantor acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by this Indenture and that the waiver set forth in this Section&#160;11.04
    is knowingly made in contemplation of such benefits. The Guarantors shall have the right to seek contribution from any non-paying Guarantor so long as the exercise of such right does not impair the rights of the Holders under this Guarantee.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.05.<i>&#160; No Set Off</i>. Each payment to be made by a Guarantor hereunder in respect of the Guarantee Obligations shall be payable in the
    currency or currencies in which such Guarantee Obligations are denominated in the consideration in which such Guarantee Obligations shall be delivered hereunder, as the case may be, and shall be made without set off, counterclaim, reduction or
    diminution of any kind or nature.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.06.<i>&#160; Guarantee Obligations Continuing</i>. The obligations of each Guarantor hereunder shall be continuing and shall remain in full
    force and effect until all such obligations have been paid and satisfied in full. Each Guarantor agrees with the Trustee that, to the fullest extent permitted by applicable law, it will from time to time deliver to the Trustee suitable acknowledgments
    of this continued liability hereunder and under any other instrument or instruments in such form as the Trustee may reasonably request and as will prevent any action brought against it in respect of any default hereunder being barred by any statute of
    limitations now or hereafter in force and, in the event of the failure of a Guarantor so to do, it hereby irrevocably appoints the Trustee as the attorney and agent of such Guarantor to make, execute and deliver such written acknowledgment or
    acknowledgments or other instruments as may from time to time become necessary or reasonably advisable, in the judgment of the Trustee, to fully maintain and keep in force the liability of such Guarantor hereunder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.07.<i>&#160; [Reserved]</i>.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.08.<i>&#160; Guarantee Obligations Reinstated</i>. Subject to Section&#160;11.03, to the fullest extent permitted by applicable law, the obligations
    of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment or delivery which would otherwise have reduced the obligations of any Guarantor hereunder (whether such payment or
    delivery shall have been made by or on behalf of the Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Company or any Guarantor or
    otherwise, all as though such payment or delivery had not been made. If demand for, or acceleration of the time for, payment or delivery by the Company or any other Guarantor is stayed upon the insolvency, bankruptcy, liquidation or reorganization of
    the Company or such Guarantor, all such indebtedness otherwise subject to demand for payment or delivery or acceleration shall nonetheless be payable or deliverable, as the case may be, by each Guarantor as provided herein.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i></i></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.09.<i>&#160; Guarantee Obligations Not Affected</i>. Subject to Section&#160;11.03, to the fullest extent permitted by applicable law, the
    obligations of each Guarantor hereunder shall not be affected, impaired or diminished in any way by any act, omission, matter or thing whatsoever, occurring before, upon or after any demand for payment or delivery hereunder (and whether or not known or
    consented to by any Guarantor or any of the Holders) which, but for this provision, might constitute a whole or partial defense to a claim against any Guarantor hereunder or might operate to release or otherwise exonerate any Guarantor from any of its
    obligations hereunder or otherwise affect such obligations, whether occasioned by default of any of the Holders or otherwise, including, without limitation:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; any limitation of status or power, disability, incapacity or other circumstance relating to the Company or any other Person,
    including any insolvency, bankruptcy, liquidation, reorganization, readjustment, composition, dissolution, winding-up or other proceeding involving or affecting the Company or any other Person;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; any irregularity, defect, unenforceability or invalidity in respect of any indebtedness or other obligation of the Company or any
    other Person under this Indenture, the Securities or any other document or instrument;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; any failure of the Company or any other Guarantor, whether or not without fault on its part, to perform or comply with any of the
    provisions of this Indenture, the Securities or any Guarantee, or to give notice thereof to a Guarantor;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; the taking or enforcing or exercising or the refusal or neglect to take or enforce or exercise any right or remedy from or against
    the Company or any other Person or their respective assets or the release or discharge of any such right or remedy;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(e)&#160;&#160;&#160;&#160;&#160;&#160; the granting of time, renewals, extensions, compromises, concessions, waivers, releases, discharges and other indulgences to the
    Company or any other Person;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; any change in the time, manner or place of payment of, or in any other term of, any of the Securities, or any other amendment,
    variation, supplement, replacement or waiver of, or any consent to departure from, any of the Securities or this Indenture, including, without limitation, any increase or decrease in the principal amount of or premium, if any, or interest on any of the
    Securities;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(g)&#160;&#160;&#160;&#160;&#160; any change in the ownership, control, name, objects, businesses, assets, capital structure or constitution of the Company or a
    Guarantor;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(h)&#160;&#160;&#160;&#160;&#160; any merger or amalgamation of the Company or a Guarantor with any Person or Persons;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the occurrence of any change in the laws, rules, regulations or ordinances of any jurisdiction by any present or future action
    of any governmental authority or court amending, varying, reducing or otherwise affecting, or purporting to amend, vary, reduce or otherwise affect, any of the Guarantee Obligations or the obligations of a Guarantor under its Guarantee; and</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160; any other circumstance (other than a release of a Guarantor pursuant to Section&#160;11.03 and other than by complete, irrevocable
    payment and/or delivery, as the case may be), that might otherwise constitute a legal or equitable discharge or defense of the Company under this Indenture or the Securities or of a Guarantor in respect of its Guarantee hereunder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.10.<i>&#160; Waiver</i>. Without in any way limiting the provisions of Section&#160;11.01, each Guarantor hereby waives (to the fullest extent
    permitted by law) notice of acceptance hereof, notice of any liability of any Guarantor hereunder, notice or proof of reliance by the Holders upon the obligations of any Guarantor hereunder, and diligence, presentment, demand for payment on the
    Company, protest, notice of dishonor or non-payment or non-delivery of any of the Guarantee Obligations, or other notice or formalities to the Company or any Guarantor of any kind whatsoever.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;11.11.<i>&#160; Default and Enforcement</i>. If any Guarantor fails to pay or deliver in accordance with Section&#160;11.01 hereof, the Trustee may
    proceed in its name as trustee hereunder in the enforcement of the Guarantee of any such Guarantor and such Guarantor&#8217;s Guarantee Obligations thereunder and hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to
    recover from such Guarantor the Guarantee Obligations.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 12</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Concerning the Holders</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;12.01.<i>&#160; Action by Holders</i>. Whenever in this Indenture it is provided that the Holders of a specified percentage in aggregate principal
    amount of the Securities may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action, the Holders of such
    specified percentage have joined therein may be evidenced (i) by any instrument or any number of instruments of similar tenor executed by Holders in person or by agent or proxy appointed in writing, (ii) by the record of the Holders voting in favor
    thereof at any meeting of Holders duly called and held in accordance with the provisions of Article 13 or (iii) by a combination of such instrument or instruments and any such record of such a meeting of Holders. Whenever the Company or the Trustee
    solicits the taking of any action by the Holders of the Securities, the Company or the Trustee may fix, but shall not be required to, in advance of such solicitation, a date as the record date for determining Holders entitled to take such action. The
    record date if one is selected shall be not more than fifteen (15) days prior to the date of commencement of solicitation of such action.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;12.02.<i>&#160; Proof of Execution by Holders</i>. Subject to the provisions of Section&#160;13.05, proof of the execution of any instrument by a Holder
    or its agent or proxy shall be sufficient if made in accordance with such reasonable rules and regulations as may be prescribed by the Trustee or in such manner as shall be satisfactory to the Trustee. The holding of Securities shall be proved by the
    security register of the Registrar or by a certificate of the Registrar. The record of any Holders&#8217; meeting shall be proved in the manner provided in Section&#160;13.06.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;12.03.<i>&#160; Persons Deemed Absolute Owners</i>. The Company, the Trustee, any authenticating agent, any Paying Agent, any Conversion Agent and
    any Registrar may deem the</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">Person in whose name a Security shall be registered upon the security register of the Registrar to be, and may treat it as, the absolute owner of such
    Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon made by any Person other than the Company or any Registrar) for the purpose of receiving payment of or on account of the
    principal of and (subject to Section&#160;2.12 and Section&#160;4.01) accrued and unpaid interest on such Security or the Fundamental Change Repurchase Price, if applicable, for conversion of such Security and for all other purposes; and neither the Company nor
    the Trustee nor any authenticating agent nor any Paying Agent nor any Conversion Agent nor any Registrar shall be affected by any notice to the contrary. All such payments so made to any Holder for the time being, or upon its order, shall be valid,
    and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for monies payable upon any such Security. Notwithstanding anything to the contrary in this Indenture or the Securities following an Event of Default, any
    holder of a beneficial interest in a Global Security may directly enforce against the Company, without the consent, solicitation, proxy, authorization or any other action of the Depository or any other Person, such holder&#8217;s right to exchange such
    beneficial interest for a Physical Security in accordance with the provisions of this Indenture.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">&#160;</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 13</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Holders&#8217; Meetings</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;13.01.<i>&#160; Purpose of Meetings</i>. A meeting of Holders may be called at any time and from time to time pursuant to the provisions of this
    Article 13 for any of the following purposes:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; to give any notice to the Company or to the Trustee or to give any directions to the Trustee permitted under this Indenture, or
    to consent to the waiving of any Default or Event of Default hereunder and its consequences, or to take any other action authorized to be taken by Holders pursuant to any of the provisions of Article 6;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; to remove the Trustee and nominate a successor trustee pursuant to the provisions of Article 7;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; to consent to the execution of an indenture or indentures supplemental hereto pursuant to the provisions of Section&#160;9.02; or</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; to take any other action authorized to be taken by or on behalf of the Holders of any specified aggregate principal amount of the
    Securities under any other provision of this Indenture or under applicable law.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;13.02.<i>&#160; Call of Meetings by Trustee</i>. The Trustee may at any time call a meeting of Holders to take any action specified in
    Section&#160;13.01, to be held at such time and at such place as the Trustee shall determine. Notice of every meeting of the Holders, setting forth the time and the place of such meeting and in general terms the action proposed to be taken at such meeting
    and the establishment of any record date pursuant to Section&#160;11.01, shall be sent to Holders of such Securities at their addresses as they shall appear on the security register of the Registrar. Such notice shall also be sent to the Company or
    electronically in accordance with the Applicable Procedures of the Depository. Such notices shall be sent not less than twenty (20) nor more than ninety (90) days prior to the date fixed for the meeting.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Any meeting of Holders shall be valid without notice if the Holders of all Securities then outstanding are present in person or by proxy or if notice
    is waived before or after the meeting by the Holders of all Securities outstanding, and if the Company and the Trustee are either present by duly authorized representatives or have, before or after the meeting, waived notice.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;13.03.<i>&#160; Call of Meetings by Company or Holders</i>. In case at any time the Company, pursuant to a Board Resolution, or the Holders of at
    least ten percent (10%) in aggregate principal amount of the Securities then outstanding, shall have requested the Trustee to call a meeting of Holders, by written request setting forth in reasonable detail the action proposed to be taken at the
    meeting, and the Trustee shall not have sent the notice of such meeting within twenty (20) days after receipt of such request, then the Company or such Holders may determine the time and the place for such meeting and may call such meeting to take any
    action authorized in Section&#160;13.01, by sending notice thereof as provided in Section&#160;13.02.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;13.04.<i>&#160; Qualifications for Voting</i>. To be entitled to vote at any meeting of Holders a Person shall (a) be a Holder of one or more
    Securities on the record date pertaining to such meeting or (b) be a Person appointed by an instrument in writing as proxy by a Holder of one or more Securities on the record date pertaining to such meeting. The only Persons who shall be entitled to be
    present or to speak at any meeting of Holders shall be the Persons entitled to vote at such meeting and their counsel and any representatives of the Trustee and its counsel and any representatives of the Company and its counsel.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;13.05.<i>&#160; Regulations</i>. Notwithstanding any other provision of this Indenture, the Trustee may make such reasonable regulations as it may
    deem advisable for any meeting of Holders, in regard to proof of the holding of Securities and of the appointment of proxies, and in regard to the appointment and duties of inspectors of votes, the submission and examination of proxies, certificates
    and other evidence of the right to vote, and such other matters concerning the conduct of the meeting as it shall think fit.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company
    or by Holders as provided in Section&#160;13.03, in which case the Company or the Holders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be
    elected by vote of the Holders of a majority in aggregate principal amount of the outstanding Securities represented at the meeting and entitled to vote at the meeting.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Subject to the provisions of Section&#160;2.09, at any meeting of Holders each Holder or proxyholder shall be entitled to one vote for each $1,000
    principal amount of Securities held or represented by such Holder or proxyholder, as the case may be; <i>provided</i>, <i>however</i>, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not outstanding and
    ruled by the chairman of the meeting to be not outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by it or instruments in writing as aforesaid duly designating it as the proxy to vote on behalf
    of other Holders. Any meeting of Holders duly called pursuant to the provisions of Section&#160;13.02 or Section&#160;13.03 may be adjourned from time to time by the Holders of a majority of the aggregate principal amount of</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">outstanding Securities represented at the meeting, whether or not constituting a quorum, and the meeting may be held as so adjourned without further
    notice.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;13.06.<i>&#160; Voting</i>. The vote upon any resolution submitted to any meeting of Holders shall be by written ballot on which shall be
    subscribed the signatures of the Holders or of their representatives by proxy and the outstanding principal amount of the Securities held or represented by them. The permanent chairman of the meeting shall appoint two inspectors of votes who shall
    count all votes cast at the meeting for or against any resolution and who shall make and file with the secretary of the meeting their verified written reports in duplicate of all votes cast at the meeting. A record in duplicate of the proceedings of
    each meeting of Holders shall be prepared by the secretary of the meeting and there shall be attached to said record the original reports of the inspectors of votes on any vote by ballot taken thereat and affidavits by one or more Persons having
    knowledge of the facts setting forth a copy of the notice of the meeting and showing that said notice was sent as provided in Section&#160;13.02. The record shall show the principal amount of the Securities voting in favor of or against any resolution. The
    record shall be signed and verified by the affidavits of the permanent chairman and secretary of the meeting and one of the duplicates shall be delivered to the Company and the other to the Trustee to be preserved by the Trustee, the latter to have
    attached thereto the ballots voted at the meeting.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Any record so signed and verified shall be conclusive evidence of the matters therein stated.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;13.07.<i>&#160; No Delay of Rights by Meeting</i>. Nothing contained in this Article 13 shall be deemed or construed to authorize or permit, by
    reason of any call of a meeting of Holders or any rights expressly or impliedly conferred hereunder to make such call, any hindrance or delay in the exercise of any right or rights conferred upon or reserved to the Trustee or to the Holders under any
    of the provisions of this Indenture or of the Securities. Nothing contained in this Article 13 shall be deemed or construed to limit any Holder&#8217;s actions pursuant to the Applicable Procedures so long as the Securities are Global Securities.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 24.5pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 24.5pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase">Article 14</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><font style="text-transform: uppercase"><u>Miscellaneous</u></font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.01.<i>&#160; Notices</i>. Any notice or communication by the Company or the Trustee to the other shall be deemed to be duly given if made in
    writing and delivered:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; by hand (in which case such notice shall be effective upon delivery);</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; by facsimile or other electronic transmission (in which case such notice shall be effective upon receipt of confirmation of good
    transmission thereof); or</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; by overnight delivery by a nationally recognized courier service (in which case such notice shall be effective on the Business
    Day immediately after being deposited with such courier service),</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
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  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">in each case to the recipient party&#8217;s address set forth in this Section&#160;14.01; <i>provided</i>, <i>however</i>, that notices to the Trustee shall only be effective upon
    the Trustee&#8217;s actual receipt thereof. The Company or the Trustee by notice to the other may designate additional or different addresses for subsequent notices or communications.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Any notice or communication sent to a Holder shall be sent to the Holder at its address shown on the register kept by the Registrar. Any notice or
    communication to be delivered to a Holder of a Global Security shall be transmitted to the Depository in accordance with its Applicable Procedures. Failure to send or transmit a notice or communication to a Holder or any defect in it shall not affect
    its sufficiency with respect to other Holders.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If a notice or communication to a Holder is sent in the manner provided above, it is duly given, whether or not the addressee receives it.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If the Company sends or transmits a notice or communication to Holders, it shall send a copy to the Trustee and each Securities Agent at the same
    time. If the Trustee or the Securities Agent is required, pursuant to the express terms of this Indenture or the Securities, to send a notice or communication to Holders, the Trustee or the Securities Agent, as the case may be, shall also send a copy
    of such notice or communication to the Company.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">All notices or communications shall be in writing.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company&#8217;s address is:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">[Viavi Solutions Inc.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">1445 South Spectrum Blvd, Suite 102</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Chandler, Arizona 85286</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">Attention: Kevin Siebert, Vice President, General Counsel and Secretary]</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Email: [&#9679;]</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt">With a copy to:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">Gibson, Dunn &amp; Crutcher LLP</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">One Embarcadero Center, Suite 2600</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">San Francisco, California, 94111</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">Attention: Stewart McDowell; Ed Batts</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">Email: <u>smcdowell@gibsondunn.com</u>; <u>ebatts@gibsondunn.com</u></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Trustee&#8217;s address is:</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">[U.S. Bank Trust Company, National Association, as Trustee]</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">[One Federal Street</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Boston, MA 02110]</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">Attention: [Global Corporate Trust Services / Karen R. Leyden-Beard (Viavi Solutions Inc. 4.00% / 4.50% Convertible Senior PIK Toggle Notes due 20[&#9679;])]</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">Email: [&#9679;]</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (&#8220;<b>Instructions</b>&#8221;) given pursuant to
    this Indenture and delivered using the following communications methods: e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another
    method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, &#8220;<b>Electronic Means</b>&#8221;); <i>provided</i>, <i>however</i>, that the Company shall provide to the Trustee an incumbency
    certificate listing officers with the authority to provide such Instructions (&#8220;<b>Authorized Officers</b>&#8221;) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Company whenever a person
    is to be added or deleted from the listing. If the Company elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee&#8217;s understanding of such Instructions shall be
    deemed controlling. The Company understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an
    Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Company shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that
    the Company and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Company. The Trustee shall not be liable for
    any losses, costs or expenses (except to the extent attributable to the Trustee&#8217;s gross negligence, willful misconduct or bad faith, as determined by a final non-appealable order of a court of competent jurisdiction) arising directly or indirectly from
    the Trustee&#8217;s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Company agrees: (i) to assume all risks arising out of the use of Electronic Means
    to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks
    associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Company; (iii) that the security procedures (if any) to be
    followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or
    unauthorized use of the security procedures.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.02.<i>&#160; Communication by Holders with Other Holders</i>. To the extent the TIA is then applicable: (A) The Company, the Trustee, the
    Registrar and anyone else shall have the protection of TIA &#167; 312(c) and (B) Holders may communicate pursuant to TIA &#167; 312(b) with other Holders with respect to their rights under this Indenture or the Securities.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.03.<i>&#160; Certificate and Opinion as to Conditions Precedent</i>. Upon any request or application by the Company to the Trustee to take any
    action under this Indenture, the Company shall furnish to the Trustee:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; an Officers&#8217; Certificate stating that, in the opinion of the signatories to such Officers&#8217; Certificate, all covenants and
    conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; an Opinion of Counsel stating that, in the opinion of such counsel, all such covenants and conditions precedent have been complied
    with.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Each signatory to an Officers&#8217; Certificate or an Opinion of Counsel may (if so stated) rely, effectively, upon an Opinion of Counsel as to legal
    matters and an Officers&#8217; Certificate or certificates of public officials or other representations or documents as to factual matters.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.04.<i>&#160; Statements Required in Certificate or Opinion</i>. Each Officers&#8217; Certificate or Opinion of Counsel with respect to compliance with
    a condition or covenant provided for in this Indenture (other than a certificate provided pursuant to TIA &#167; 314(a)(4)) shall comply with the provisions of TIA &#167; 314(e) and shall include:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; a statement that the Person making such certificate or opinion has read such covenant or condition;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained
    in such certificate or opinion are based;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; a statement that, in the opinion of such Person, he or she has made such examination or investigation as is necessary to enable
    him or her to express an informed opinion as to whether or not such covenant or condition has been complied with; and</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; a statement as to whether or not, in the opinion of such Person, such condition or covenant has been complied with.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.05.<i>&#160; Rules by Trustee and Agents</i>. The Registrar, Paying Agent or Conversion Agent may make reasonable rules and set reasonable
    requirements for their respective functions.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.06.<i>&#160; Legal Holidays</i>. If a payment date is not a Business Day, payment may be made on the next succeeding day that is a Business Day,
    and no interest shall accrue on that payment for the intervening period.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.07.<i>&#160; Duplicate Originals</i>. The parties may sign any number of copies of this Indenture. Each signed copy shall be an original, but
    all of them together represent the same agreement. Delivery of an executed counterpart by facsimile or portable document format shall be effective as delivery of a manually executed counterpart thereof.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.08.<i>&#160; Facsimile and PDF Delivery of Signature Pages</i>. The words &#8220;execution,&#8221; &#8220;signed,&#8221; &#8220;signature,&#8221; &#8220;delivery,&#8221; and words of like
    import in or relating to this Indenture or any document to be signed in connection with this Indenture shall be deemed to include electronic signatures, deliveries or the keeping of records in electronic form, each of which shall be of the same legal
    effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, and the parties hereto consent to conduct the transactions contemplated hereunder by
    electronic means. All notices, approvals, consents, requests and any communications hereunder must be in writing (provided that any communication sent to Trustee hereunder must be in the form of a document that is signed manually or by way of a digital
    signature), in English, and signatures of the parties hereto transmitted by PDF or other electronic transmission (including any electronic signature</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt">complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) will constitute effective execution and delivery of this Indenture as to
    the other parties hereto and will be deemed to be their original signatures for all purposes; provided, notwithstanding anything to the contrary set forth herein, the Trustee is under no obligation to agree to accept electronic signatures in any form
    or format unless expressly agreed to by the Trustee pursuant to procedures approved by the Trustee. The Company agrees to assume all risks arising out of the use of digital signatures and electronic methods to submit communications to Trustee,
    including, without limitation, the risk of the Trustee acting on unauthorized instructions, and the risk of interception and misuse by third parties.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.09.<i>&#160; Governing Law</i>. THIS INDENTURE, THE SECURITIES AND THE GUARANTEES, AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR
    RELATED TO THIS INDENTURE, THE SECURITIES OR THE GUARANTEES, SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Each of the parties hereto hereby irrevocably and unconditionally:</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(a)&#160;&#160;&#160;&#160;&#160;&#160; submits for itself and its property in any legal action or proceeding relating solely to this Indenture or the transactions
    contemplated hereby, to the general jurisdiction of the Supreme Court of the State of New York, County of New York or the United States Federal District Court sitting for the Southern District of New York (and appellate courts thereof);</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(b)&#160;&#160;&#160;&#160;&#160; consents that any such action or proceeding may be brought in such courts, and waives any objection that it may now or hereafter
    have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not to plead or claim the same to the extent permitted by applicable law;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(c)&#160;&#160;&#160;&#160;&#160;&#160; agrees that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or
    certified mail (or any substantially similar form of mail), postage prepaid, to the party, as the case may be, at its address set forth in Section&#160;14.01 or at such other address of which the other party shall have been notified pursuant thereto;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(d)&#160;&#160;&#160;&#160;&#160; agrees that nothing herein shall affect the right to effect service of process in any other manner permitted by law or shall limit
    the right to sue in any other jurisdiction for recognition and enforcement of any judgment or if jurisdiction in the courts referenced in the foregoing clause (a) are not available despite the intentions of the parties hereto;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(e)&#160;&#160;&#160;&#160;&#160;&#160; agrees that final judgment in any such suit, action or proceeding brought in such a court may be enforced in the courts of any
    jurisdiction to which such party is subject by a suit upon such judgment, <i>provided</i> that service of process is effected upon such party in the manner specified herein or as otherwise permitted by law;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(f)&#160;&#160;&#160;&#160;&#160;&#160; agrees that to the extent that such party has or hereafter may acquire any immunity from jurisdiction of any court or from any
    legal process with respect to itself or its property, such party hereby irrevocably waives such immunity in respect of its obligations under this Indenture, to the extent permitted by law; and</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"></p>
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    <div style="page-break-after: always;" class="BRPFPageBreak">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">&#160;</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in">(g)&#160;&#160;&#160;&#160;&#160; irrevocably and unconditionally waives trial by jury in any legal action or proceeding in relation to this Indenture, the
    Securities or the Guarantees.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.10.<i>&#160; No Adverse Interpretation of Other Agreements</i>. This Indenture may not be used to interpret another indenture, loan or debt
    agreement of the Company or any of its Subsidiaries. Any such indenture, loan or debt agreement may not be used to interpret this Indenture.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.11.<i>&#160; Successors</i>. All agreements of the Company and the Guarantors in this Indenture, the Securities and the Guarantees shall bind
    its successors and assigns. All agreements of the Trustee in this Indenture shall bind its successors.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.12.<i>&#160; Separability</i>. In case any provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the
    validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and a Holder shall have no claim therefor against any party hereto.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.13.<i>&#160; Table of Contents, Headings, Etc.</i> The Table of Contents, Cross-Reference Table and headings of the Articles and Sections of
    this Indenture have been inserted for convenience of reference only, are not to be considered a part hereof and shall in no way modify or restrict any of the terms or provisions hereof.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.14.<i>&#160; Calculations in Respect of the Securities</i>. The Company and its agents shall make all calculations under this Indenture and the
    Securities. These calculations include, but are not limited to, determinations of the Closing Sale Price of the Common Stock, the number of shares deliverable upon conversion, adjustments to the Conversion Price and the Conversion Rate, the Daily
    VWAPs, the Daily Settlement Amounts, the Daily Conversion Values, the Conversion Rate of the Securities, the Fundamental Change Repurchase Price, the amount of conversion consideration deliverables in respect of any conversion and the amounts of
    interest payable on the Securities (including PIK Interest). The Company and its agents shall make all of these calculations in good faith, and, absent manifest error, such calculations shall be final and binding on all Holders. The Company shall
    provide a copy of such calculations to the Trustee (and the Conversion Agent if not the Trustee) as required hereunder, and, the Trustee shall be entitled to conclusively rely on the accuracy of any such calculation without independent verification.
    The Company will forward the Company&#8217;s calculations to any Holder upon the request of that Holder.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.15.<i>&#160; No Personal Liability of Directors, Officers, Employees or Shareholders</i>. None of the Company&#8217;s or any Guarantor&#8217;s past, present
    or future directors, officers, employees or stockholders, as such, shall have any liability for any of the Company&#8217;s or such Guarantor&#8217;s obligations under this Indenture, the Securities or the Guarantees or for any claim based on, or in respect or by
    reason of, such obligations or their creation. By accepting a Security, each holder waives and releases all such liability. This waiver and release is part of the consideration for the issue of the Securities and the Guarantees.</p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><i>&#160;</i></p>
  <p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Section&#160;14.16.<i>&#160; Force Majeure</i>. In no event shall the Trustee be responsible or liable for any failure or delay in the performance of its
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<TYPE>EX-99.1
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<DESCRIPTION>EXHIBIT 99.1
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    <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; text-align: center; color: rgb(0, 0, 0);">VIAVI Solutions Agrees to Acquire Spirent Communications to Create a Leading Provider of Test, Assurance and Security
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Highly complementary and synergistic product portfolios to enable delivery of high-performance, integrated solutions for
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              <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Complementary nature of products and technologies to provide diversification and accelerated growth in attractive, adjacent
                verticals, such as cloud service providers, enterprise/IT networks, 5G private networks, 6G+ and positioning, navigation and timing verticals</div>
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Greater engineering, research and development and design capabilities to accelerate new technology development and product
                innovation, in particular with regard to artificial intelligence and machine learning, security, cloud-native architecture and automation</div>
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Operational efficiencies anticipated to result in annual run-rate cost synergies of up to $75 million approximately two years
                after the completion of the Acquisition</div>
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Anticipate utilizing US net operating losses to lower the combined group&#8217;s blended non-GAAP tax rate</div>
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Silver Lake to make $400 million long-term strategic investment in VIAVI Solutions in connection with the Acquisition</div>
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    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">CHANDLER, Ariz. &amp; LONDON, March 5, 2024 &#8211; VIAVI Solutions (&#8220;VIAVI&#8221;) (NASDAQ: VIAV), a leading provider of
      communications test, measurement and optical technologies, and Spirent Communications plc (&#8220;Spirent&#8221;) (LSE: SPT), a global provider of automated test and assurance solutions for networks, cybersecurity and positioning, today announced an agreement on
      the terms of a cash offer for Spirent which the Spirent Board intends to unanimously recommend (the &#8220;Acquisition&#8221;). The Acquisition price values Spirent at approximately &#163;1,005 million, or $1,277 million based on the British pound sterling to</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">U.S. dollar exchange rate on March 4, 2024.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Under the terms of the Acquisition, Spirent Shareholders will receive 172.5 pence per Spirent share
      in cash (the Acquisition price). Spirent Shareholders will also receive a special dividend of 2.5 pence per Spirent share in lieu of a final dividend for the year ended December 31, 2023. The Acquisition is expected to close during the second half of
      2024, subject to shareholder approvals and other customary closing conditions, including Spirent Shareholder approval and certain regulatory closing approvals. The Spirent Directors who hold shares of Spirent have signed irrevocable agreements in
      support of the Acquisition.</div>
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    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Spirent provides products, services and managed solutions that address the test, assurance and
      automation challenges of technologies, including 5G, software-defined wide area networks (&#8220;SD-WAN&#8221;), cloud and autonomous vehicles. Spirent&#8217;s international positioning, navigation and timing business also addresses the needs of customers in research
      and development, verification and integration testing, including the testing of hybrid positioning and sensor fusion under real-world conditions. Spirent&#8217;s strategy is built on three pillars&#8212;customer-centricity, innovation for growth and operational
      excellence. Spirent is executing on this strategy to further develop its offerings into live networks, increasing its recurring revenue streams and providing value-added services and solutions across the product portfolio.</div>
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    <div style="text-align: left; margin-right: 4.8pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;The Spirent Board intends to unanimously recommend this all-cash offer, which not only represents
      an attractive outcome for Spirent Shareholders, but also provides a significant opportunity for employees, customers and other stakeholders through what is a highly strategic and highly complementary combination,&#8221; said Sir Bill Thomas, Chairman of
      Spirent. &#8220;With its strong management team, global scale and the cultural alignment between our businesses, we are confident that in VIAVI, we have found the right owner to take Spirent on to the next phase of its growth story.&#8221;</div>
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    <div style="text-align: left; margin-right: 8.15pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;Combining with VIAVI brings together a highly complementary product offering which can be marketed
      globally,&#8221; said Eric Updyke, Chief Executive Officer of Spirent. &#8220;It will enable Spirent to build on the strategic progress we have made to date, with a partner that has the scale and resources to capitalize on the long-term growth opportunities
      ahead. The combination of VIAVI and Spirent creates a stronger business that will be better able to compete, and we are confident in the opportunities this will bring for our stakeholders.&#8221;</div>
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    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;VIAVI is proud to help enable its global customers to pursue innovation across the wide range of
      industries it serves,&#8221; said Oleg Khaykin, President and CEO of VIAVI. &#8220;Combining our leading communications test and measurement and optical technologies and Spirent&#8217;s high-performance testing and assurance solutions is expected to deliver enhanced
      product solutions and applications, accelerate growth in new markets and strengthen innovation through expanded engineering and design capabilities. Further, we are uniting two teams with a shared passion for developing compelling and cutting-edge
      offerings for customers and a commitment to technological excellence. We are pleased to welcome a strategic, long-term investment from Silver Lake in connection with the Acquisition. Silver Lake has an outstanding track record of supporting leading
      technology companies through both organic growth investments and scale acquisitions.&#8221;</div>
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    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">VIAVI believes, due to the complementary nature of the respective businesses, there is a compelling strategic and
      financial rationale for the Acquisition, as it is expected to:</div>
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    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Create a leading provider of test, assurance and security solutions for research and development labs,
      service providers, data centers and mission-critical infrastructure</div>
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Merging the highly complementary product portfolios and services will enable the combined group to deliver solutions for various markets and
                applications.</div>
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    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Provide diversification and accelerated growth in attractive, adjacent market verticals</div>
    <div>
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            <td style="width: auto; vertical-align: top; color: rgb(0, 0, 0);">
              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The combination of VIAVI and Spirent&#8217;s current and future product offerings will position the combined group to bring to market innovative solutions
                across high-growth cloud service providers, enterprise/IT networks, 5G private networks, 6G+ and positioning, navigation and timing verticals.</div>
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      </table>
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    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Achieve greater engineering, research and development and design capabilities to accelerate new
      technology development and product innovation</div>
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">VIAVI believes that building on the combined expertise of the engineering, research and development and design teams of both VIAVI and Spirent will
                result in greater engineering, research and development and design capabilities to accelerate new technology development and product innovation, in particular with regard to artificial intelligence and machine learning, security,
                cloud-native architecture and automation.</div>
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              <div style="text-align: left; margin-left: 17.6pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#8226;</div>
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Further, the combined group will benefit from additional financial and operational resources to continue its leadership in research and development
                and to deliver products to new verticals to help customers solve their most difficult challenges.</div>
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    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Achieve greater operating leverage and generate cost synergies</div>
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              <div style="text-align: left; margin-left: 17.6pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#8226;</div>
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Operational efficiencies anticipated to result in annual run-rate cost synergies of up to $75 million approximately two years after the completion
                of the Acquisition.</div>
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              <div style="text-align: left; margin-left: 17.6pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#8226;</div>
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              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">VIAVI anticipates utilizing its US net operating losses to lower the combined group&#8217;s blended non- GAAP tax rate.</div>
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            <td style="width: 41pt; vertical-align: top; text-align: right; color: rgb(0, 0, 0);">
              <div style="text-align: left; margin-left: 17.6pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#8226;</div>
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            <td style="width: auto; vertical-align: top; color: rgb(0, 0, 0);">
              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">VIAVI will prioritize debt paydown utilizing free cash flow generation after the completion of the Acquisition to lower leverage ratios towards 4.0x
                gross and 3.0x net over the long term.</div>
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    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">The Acquisition will be funded by VIAVI&#8217;s existing cash, a fully committed $800 million 7-year term
      loan from Wells Fargo Bank, N.A. and a $400 million investment from Silver Lake in the form of a fully committed senior convertible note. In connection with the Silver Lake investment, Ken Hao, Chairman and a Managing Partner of Silver Lake will join
      the VIAVI Board of Directors. In addition, VIAVI obtained a $100 million 5-year revolving credit facility (unfunded at close), committed by Wells Fargo Bank, N.A., to provide additional financial flexibility.</div>
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    <div style="text-align: left; margin-right: 4.8pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">More information (including the official offer announcement) and further information about the
      Acquisition can be found at <font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;"><u>https://investor.viavisolutions.com/overview/default.aspx</u></font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">.</font></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>Advisors</u></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 8.15pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Qatalyst Partners is serving as lead financial advisor to VIAVI and Bidco, and Wells Fargo
      Securities is serving as financial advisor to VIAVI and Bidco. Fried, Frank, Harris, Shriver &amp; Jacobson LLP is serving as legal advisor to VIAVI and Bidco. Rothschild &amp; Co is serving as financial advisor and UBS and Jefferies are serving as
      financial advisor and corporate broker to Spirent. Linklaters LLP is serving as its legal advisor.</div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>About VIAVI Solutions</u></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">VIAVI (NASDAQ: VIAV) is a global provider of network test, monitoring and assurance solutions for telecommunications,
      cloud, enterprises, first responders, military, aerospace and railway. VIAVI is also a leader in light management technologies for 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive, government and aerospace applications.
      In 2023, we celebrate over 100 years of Network Transformation and Optical Innovation. Learn more about VIAVI at <font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;"><u>www.viavisolutions.com</u></font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">.</font></div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Follow us on <font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;"><u>VIAVI Perspectives</u></font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">,</font>&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">LinkedIn</font><font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;">&#160;</font>and
      <font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;"><u>YouTube</u></font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">.</font></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>About Spirent Communications plc</u></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Spirent Communications plc (LSE: SPT) is the leading global provider of automated test and assurance
      solutions for networks, cybersecurity and positioning. The Company provides innovative products, services and managed solutions that address the test, assurance and automation challenges of a new generation of technologies, including 5G, SD-WAN,
      Cloud, autonomous vehicles and beyond. From the lab to the real world, Spirent helps companies deliver on their promise to their customers of a new generation of connected devices and technologies. Further information about Spirent Communications plc
      can be found at <font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;"><u>https://corporate.spirent.com/</u></font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">.</font></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
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    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>Important Notices</u></div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-right: 5.5pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Qatalyst Partners LP, which is authorized by the Securities and Exchange Commission and regulated by
      the Financial Industry Regulatory Authority and the Securities and Exchange Commission in the US, is acting exclusively as financial advisor to VIAVI and Bidco and will not be responsible to anyone other than VIAVI and Bidco for providing the
      protections afforded to its client, or for providing advice in relation to the matters set out in this press release. No representation or warranty, express or implied, is made by Qatalyst Partners LP as to the contents of this press release.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Wells Fargo Securities, LLC, a subsidiary of Wells Fargo &amp; Company, which is authorized by the
      Securities and Exchange Commission and regulated by the Financial Industry Regulatory Authority and the Securities and Exchange Commission in the USA, is acting exclusively as financial advisor to VIAVI and Bidco and will not be responsible to anyone
      other than VIAVI and Bidco for providing the protections afforded to its client, or for providing advice in relation to the matters set out in this press release.</div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">N.M. Rothschild &amp; Sons Limited (&#8220;Rothschild &amp; Co&#8221;), which is authorized and regulated by the
      Financial Conduct Authority in the UK, is acting exclusively as financial advisor to Spirent and no one else in connection with the Acquisition and will not be responsible to anyone other than Spirent for providing the protections afforded to clients
      of Rothschild &amp; Co nor for providing advice in connection with the Acquisition or any matter referred to herein. Neither Rothschild &amp; Co nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts
      any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Rothschild &amp; Co in connection with this press release, any statement
      contained in this press release, the acquisition of Spirent or otherwise. No representation or warranty, express or implied, is made by Rothschild &amp; Co as to the contents of this press release.</div>
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    </div>
    <div style="text-align: left; margin-right: 6pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">UBS AG London Branch (&#8220;UBS&#8221;) is authorized and regulated by the Financial Market Supervisory Authority
      in Switzerland. It is authorized by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority in the UK. UBS is acting exclusively as corporate
      broker and financial advisor to Spirent and no one else in connection with the Acquisition. In connection with such matters, UBS will not regard any other person as its client, nor will it be responsible to any other person for providing the
      protections afforded to its clients or for providing advice in relation to the Acquisition, the contents of this press release or any other matter referred to herein.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 8.15pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Jefferies International Limited (&#8220;Jefferies&#8221;) is authorized and regulated in the UK by the
      Financial Conduct Authority. Jefferies is acting exclusively as financial advisor and corporate broker to Spirent and no one else in connection with the Acquisition and will not be responsible to anyone other than Spirent for providing the
      protections afforded to clients of Jefferies nor for providing advice in connection with the Acquisition or any matter referred to herein. Neither Jefferies nor any of its affiliates (nor their respective directors, officers, employees or agents)
      owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Jefferies in connection with this press release, any
      statement contained in this press release, the Acquisition or otherwise. No representation or warranty, express or implied, is made by Jefferies as to the contents of this press release.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 9.4pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">This press release is for information purposes only and is not intended to, and does not, constitute
      or form part of any offer to sell, or an invitation to purchase, any securities or the solicitation of an offer to buy any securities, or of any vote or any approval in any jurisdiction, pursuant to the Acquisition or otherwise.</div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">This press release is not an advertisement and does not constitute a prospectus or prospectus equivalent document.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>Overseas Shareholders</u></div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-right: 6.75pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Unless otherwise determined by Bidco or required by the Takeover Code, and permitted by applicable
      law and regulation, the Acquisition shall not be made available, directly or indirectly, in, into, or from a Restricted Jurisdiction where to do so would violate the laws in that jurisdiction and no person may vote in favour of the Acquisition by any
      such use, means, instrumentality or form within a Restricted Jurisdiction or any other jurisdiction if to do so would constitute a violation of the laws of that jurisdiction. Accordingly, copies of this press release and all documents relating to the
      Acquisition are not being, and must not be, directly or indirectly, mailed or otherwise forwarded, distributed, or sent in, into, or from a Restricted Jurisdiction where to do so would violate the laws in that jurisdiction, and persons receiving this
      press release and all documents relating to the Acquisition (including custodians, nominees, and trustees) must not mail or otherwise distribute or send them in, into, or from such jurisdictions where to do so would violate the laws in that
      jurisdiction. To the fullest extent permitted by applicable law, the companies and persons involved in the Acquisition disclaim any responsibility or liability for the violation of such restrictions by any person.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">The Acquisition shall be subject to the applicable requirements of English law, the Takeover Code, the Panel, the London
      Stock Exchange, and the Financial Conduct Authority.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>Additional Information for US Investors</u></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">The Acquisition relates to shares of a UK company and is proposed to be effected by means of a
      scheme of arrangement under the laws of England and Wales. A transaction effected by means of a scheme of arrangement is not subject to the tender offer rules or the proxy solicitation rules under the US Exchange Act.</div>
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    </div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Accordingly, the Acquisition is subject to the disclosure and procedural requirements applicable in
      the UK to schemes of arrangement which differ from the disclosure requirements of US tender offer and proxy solicitation rules.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 4.8pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Neither the US Securities and Exchange Commission nor any US state securities commission has
      approved or disapproved or passed judgment upon the fairness or the merits of the Acquisition or determined if this press release is adequate, accurate or complete. Any representation to the contrary is a criminal offence in the US.</div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">However, if Bidco were to elect to implement the Acquisition by means of a takeover offer, such Takeover Offer would in
      addition need to be made in compliance with any applicable US laws and regulations, including any applicable exemptions under the US Exchange Act. Such a takeover would be made in the US by Bidco and no one else.</div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-right: 5.95pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">In the event that the Acquisition is implemented by way of a takeover offer, in accordance with
      normal UK practice and pursuant to Rule 14e-5(b) of the US Exchange Act, Bidco or its nominees, or its brokers (acting as agents), may from time to time make certain purchases of, or arrangements to purchase, shares or other securities of Spirent
      outside the US, other than pursuant to such takeover offer, during the period in which such takeover offer would remain open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at
      negotiated prices. Any information about such purchases or arrangements to purchase shall be disclosed as required in the UK, shall be reported to a Regulatory Information Service and shall be available on the London Stock Exchange website at <font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;"><u>www.londonstockexchange.com</u></font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">.</font></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.95pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">In accordance with normal UK practice, VIAVI, Bidco, or their nominees or brokers (acting as
      agents) may from time to time make certain purchases of, or arrangements to purchase, shares or other securities of Spirent, other than pursuant to the Acquisition, until the date on which the Acquisition and/or scheme becomes effective, lapses or is
      otherwise withdrawn. If such purchases or arrangements to purchase were to be made, they would occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases or arrangements
      to purchase will be disclosed as required in the UK, will be reported to a Regulatory Information Service and will be available on the London Stock Exchange website at <font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;"><u>www.londonstockexchange.com</u></font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">.</font></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 8.15pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">The receipt of consideration by a US shareholder or holder of Spirent ADRs pursuant to the scheme
      will likely be a taxable transaction for US federal income tax purposes. Each Spirent Shareholder and Spirent ADR holder is urged to consult their independent professional advisor immediately regarding the tax consequences of the Acquisition
      applicable to them, including under applicable US state and local, as well as overseas and other, tax laws.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Financial information relating to Spirent included in this press release and the scheme document (or, if applicable, the
      offer document) has been or shall have been prepared in accordance with accounting standards applicable in the UK and may not be comparable to financial information of US companies or companies whose financial statements are prepared in accordance
      with generally accepted accounting principles in the US.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Bidco and Spirent are organized under the laws of England and Wales. Some or all of the officers and
      directors of Bidco and Spirent, respectively, are residents of countries other than the US. In addition, most of the assets of Bidco and Spirent are located outside the US. As a result, it may be difficult for US shareholders of Spirent and Spirent
      ADR Holders to effect service of process within the US upon Bidco or Spirent or their respective officers or directors or to enforce against them a judgment of a US court predicated upon the federal or state securities laws of the US.</div>
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    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>Forward-Looking Statements</u></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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    </div>
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    </div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">This press release (including information incorporated by reference in this press release), oral
      statements made regarding the Acquisition, and other information published by Spirent, any member of the Spirent Group, VIAVI, Bidco, or any member of the VIAVI Group, contain statements which are, or may be deemed to be, &#8220;forward-looking
      statements&#8221;. Such forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and on numerous assumptions regarding the business strategies and the environment in which Spirent, any
      member of the Spirent Group, VIAVI, Bidco, any member of the VIAVI Group, or any member of the combined group shall operate in the future and are subject to risks and uncertainties that could cause actual results to differ materially from those
      expressed or implied by those statements.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 7.35pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">The forward-looking statements contained in this press release may relate to Spirent, any member of
      the Spirent Group, VIAVI, Bidco, any member of the VIAVI Group, or any member of the combined group&#8217;s future prospects, developments and business strategies, the expected timing and scope of the Acquisition and other statements other than historical
      facts. In some cases, these forward-looking statements can be identified by the use of forward-looking terminology, including the terms &#8220;believes&#8221;, &#8220;estimates&#8221;, &#8220;will look to&#8221;, &#8220;would look to&#8221;, &#8220;plans&#8221;, &#8220;prepares&#8221;, &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;is
      expected to&#8221;, &#8220;is subject to&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;forecasts&#8221;, &#8220;synergy&#8221;, &#8220;strategy&#8221;, &#8220;goal&#8221;, &#8220;cost-saving&#8221;, &#8220;projects&#8221; &#8220;intends&#8221;, &#8220;assumes&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;shall&#8221; or &#8220;should&#8221; or their negatives or other variations or comparable terminology.
      Forward- looking statements may include statements relating to the following: (i) future capital expenditures, expenses, revenues, earnings, synergies, economic performance, indebtedness, financial condition, dividend policy, losses and future
      prospects; (ii) business and management strategies and the expansion and growth of Spirent, any member of the Spirent Group, VIAVI, Bidco, any member of the VIAVI Group, or any member of the combined group&#8217;s operations and potential synergies
      resulting from the Acquisition; and (iii) the effects of global economic conditions and governmental regulation on Spirent, any member of the Spirent Group, VIAVI, Bidco, any member of the VIAVI Group, or any member of the combined group&#8217;s business.</div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-right: 6pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">By their nature, forward-looking statements involve risk and uncertainty because they relate to events
      and depend on circumstances that shall occur in the future. These events and circumstances include changes in the global, political, economic, business, competitive, market and regulatory forces, future exchange and interest rates, changes in tax
      rates and future business combinations or disposals. If any one or more of these risks or uncertainties materialize or if any one or more of the assumptions prove incorrect, actual results may differ materially from those expected, estimated or
      projected. Such forward-looking statements should, therefore, be construed in light of such factors.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 8.15pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">None of Spirent, any member of the Spirent Group, VIAVI, Bidco, nor any member of the VIAVI Group,
      nor any member of the combined group, nor any of their respective associates or directors, officers or advisors, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking
      statements in this press release shall actually occur. Given these risks and uncertainties, potential investors should not place any reliance on forward-looking statements.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Specifically, statements of estimated cost savings and synergies relate to future actions and
      circumstances which, by their nature, involve risks, uncertainties, and contingencies. As a result, the cost savings and synergies referred to may not be achieved, may be achieved later or sooner than estimated, or those achieved could be materially
      different from those estimated. Due to the scale of the combined group, there may be additional changes to the combined group&#8217;s operations. As a result, and given the fact that the changes relate to the future, the resulting cost synergies may be
      materially greater or less than those estimated.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.5pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">The forward-looking statements speak only at the date of this press release. All subsequent oral or
      written forward-looking statements attributable to Spirent, any member of the Spirent Group, VIAVI, Bidco, or any member of the VIAVI Group, or any member of the combined group, or any of their respective associates, directors, officers, employees,
      or advisors, are expressly qualified in their entirety by the cautionary statement above.</div>
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    </div>
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    </div>
    <div style="text-align: left; margin-right: 10.85pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Spirent, any member of the Spirent Group, VIAVI, Bidco, any member of the VIAVI Group and any
      member of the combined group expressly disclaim any obligation to update such statements other than as required by law or by the rules of any competent regulatory authority, whether as a result of new information, future events, or otherwise.</div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>No Profit Forecasts or Estimates</u></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 8.15pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">No statement in this press release is intended as a profit forecast or estimate for any period and
      no statement in this press release should be interpreted to mean that earnings or earnings per share for VIAVI or Spirent, as appropriate, for the current or future financial years would necessarily match or exceed the historical published earnings
      or earnings per share for VIAVI or Spirent, as appropriate.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>Disclosure Requirements of the Takeover Code</u></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Under Rule 8.3(a) of the Takeover Code, any person who is interested in 1 per cent. or more of any
      class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening
      Position Disclosure following the commencement of the offer period and, if later, following the press release in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person&#8217;s interests
      and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no
      later than 3.30 p.m. (London time) on the 10<font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">th </font>business day following the commencement of the offer period and, if appropriate, by no later than 3.30 p.m. (London
      time) on the 10<font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">th </font>business day following the press release in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant
      securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 6.6pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Under Rule 8.3(b) of the Takeover Code, any person who is, or becomes, interested in 1 per cent. or
      more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A
      Dealing Disclosure must contain details of the dealing concerned and of the person&#8217;s interests and short positions in, and rights to subscribe for, any relevant securities of each of</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">(i) the offeree company and (ii) any securities exchange offeror, save to the extent that these details have previously
      been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. (London time) on the business day following the date of the relevant dealing.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 5.9pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">If two or more persons act together pursuant to an agreement or understanding, whether formal or
      informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, then they will be deemed to be a single person for the purpose of Rule 8.3.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must
      also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 4.8pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Details of the offeree and offeror companies in respect of whose relevant securities Opening
      Position Disclosures and Dealing Disclosures must be made, can be found in the Disclosure Table on the Panel&#8217;s website at http://www.thetakeoverpanel.org.uk/, including details of the number of relevant securities in issue, when the offer period
      commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, then you should contact the Panel&#8217;s Market Surveillance Unit on +44 (0)20 7638
      0129.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
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        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">&#160;<u>Rounding</u></div>
    <div style="color: rgb(0, 0, 0);"><u> <br>
      </u></div>
    <div style="text-align: justify; margin-right: 11.65pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Certain figures included in this press release have been subjected to rounding adjustments.
      Accordingly, figures shown for the same category presented in different tables may vary slightly and figures shown as totals in certain tables may not be an arithmetic aggregation of the figures that precede them.</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"><u>Contacts</u></div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">VIAVI Solutions</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 4.8pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Prosek Partners (Public Relations Advisor to VIAVI Solutions and VIAVI Solutions Acquisitions
      Limited) Philip Walters, Prosek Partners (UK)</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">+44 (0) 7773331589</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Andrew Merrill, Prosek Partners (US)</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">+1 917 622 1252</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 10pt;">pro-viavi@prosek.com</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Spirent Communications</div>
    <div style="color: rgb(0, 0, 0);">&#160;</div>
    <div style="text-align: left; margin-right: 96.55pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Dentons Global Advisors (Public Relations Advisor to Spirent Communications) </div>
    <div style="text-align: left; margin-right: 96.55pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">James Melville-Ross</div>
    <div style="text-align: left; margin-right: 386.5pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Humza Vanderman</div>
    <div style="text-align: left; margin-right: 386.5pt; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">Leah Dudley</div>
    <div style="color: rgb(0, 0, 0);"><br>
    </div>
    <div style="text-align: left; margin-left: 5pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 0);">+44 2070387419</div>
    <div style="text-align: left; margin-left: 5pt; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 10pt;">spirent@dentonsglobaladvisors.com</div>
    <div style="text-align: left; margin-left: 5pt; color: #0000FF; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"> <font style="color: rgb(0, 0, 0);"><br>
      </font></div>
    <div style="text-align: left; margin-left: 5pt; color: #0000FF; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode" xlink:title="label: EntityIncorporationStateCountryCode to dei_EntityIncorporationStateCountryCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:label="EntityEmergingGrowthCompany" xlink:title="EntityEmergingGrowthCompany" />
    <link:label xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityEmergingGrowthCompany" xml:lang="en-US" id="dei_EntityEmergingGrowthCompany">Entity Emerging Growth Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany" xlink:title="label: EntityEmergingGrowthCompany to dei_EntityEmergingGrowthCompany" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:label="EntityAddressAddressLine1" xlink:title="EntityAddressAddressLine1" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressAddressLine1" xml:lang="en-US" id="dei_EntityAddressAddressLine1">Entity Address, Address Line One</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1" xlink:title="label: EntityAddressAddressLine1 to dei_EntityAddressAddressLine1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine2" xlink:label="EntityAddressAddressLine2" xlink:title="EntityAddressAddressLine2" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressAddressLine2" xml:lang="en-US" id="dei_EntityAddressAddressLine2">Entity Address, Address Line Two</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2" xlink:title="label: EntityAddressAddressLine2 to dei_EntityAddressAddressLine2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine3" xlink:label="EntityAddressAddressLine3" xlink:title="EntityAddressAddressLine3" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressAddressLine3" xml:lang="en-US" id="dei_EntityAddressAddressLine3">Entity Address, Address Line Three</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince" xlink:label="EntityAddressStateOrProvince" xlink:title="EntityAddressStateOrProvince" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressStateOrProvince" xml:lang="en-US" id="dei_EntityAddressStateOrProvince">Entity Address, State or Province</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry" xlink:label="EntityAddressCountry" xlink:title="EntityAddressCountry" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="EntityAddressPostalZipCode" xlink:title="EntityAddressPostalZipCode" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressPostalZipCode" xml:lang="en-US" id="dei_EntityAddressPostalZipCode">Entity Address, Postal Zip Code</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="CityAreaCode" xlink:title="CityAreaCode" />
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    <link:label xlink:type="resource" xlink:label="dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_LocalPhoneNumber" xml:lang="en-US" id="dei_LocalPhoneNumber">Local Phone Number</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="Security12bTitle" xlink:title="Security12bTitle" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_NoTradingSymbolFlag" xlink:label="NoTradingSymbolFlag" xlink:title="NoTradingSymbolFlag" />
    <link:label xlink:type="resource" xlink:label="dei_NoTradingSymbolFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_NoTradingSymbolFlag" xml:lang="en-US" id="dei_NoTradingSymbolFlag">No Trading Symbol Flag</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:label="TradingSymbol" xlink:title="TradingSymbol" />
    <link:label xlink:type="resource" xlink:label="dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_TradingSymbol" xml:lang="en-US" id="dei_TradingSymbol">Trading Symbol</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSymbol" xlink:to="dei_TradingSymbol" xlink:title="label: TradingSymbol to dei_TradingSymbol" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:label="SecurityExchangeName" xlink:title="SecurityExchangeName" />
    <link:label xlink:type="resource" xlink:label="dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_SecurityExchangeName" xml:lang="en-US" id="dei_SecurityExchangeName">Security Exchange Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecurityExchangeName" xlink:to="dei_SecurityExchangeName" xlink:title="label: SecurityExchangeName to dei_SecurityExchangeName" />
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>10
<FILENAME>viav-20240304_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!--Generated by Broadridge PROfile 24.3.1.5224 Broadridge-->
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    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityFileNumber" xlink:title="presentation: CoverAbstract to EntityFileNumber" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="CityAreaCode" xlink:title="CityAreaCode" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="LocalPhoneNumber" xlink:title="LocalPhoneNumber" />
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<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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<span style="display: none;">v3.24.0.1</span><table class="report" border="0" cellspacing="2" id="idm140350078003952">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Mar. 04, 2024</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">Mar.  04,  2024<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">000-22874<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">VIAVI SOLUTIONS 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">0000912093<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_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<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_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">94-2579683<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">7047 E Greenway Pkwy<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_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 250<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_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Scottsdale<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_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">AZ<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_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">85254<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_CityAreaCode', window );">City Area Code</a></td>
<td class="text">408<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_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">404-3600<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_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, par value of $0.001 per share<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_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">VIAV<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_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<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_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</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_WrittenCommunications', window );">Written Communications</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_SolicitingMaterial', window );">Soliciting Material</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_PreCommencementTenderOffer', window );">Pre-commencement 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_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
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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>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>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<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>
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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>xbrli:normalizedStringItemType</td>
</tr>
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<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>
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<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>
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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>xbrli:stringItemType</td>
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<tr>
<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></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>
</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_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>
</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:submissionTypeItemType</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_EntityAddressAddressLine1">
<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>
</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_EntityAddressAddressLine2">
<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 2 such as Street or Suite number</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_EntityAddressAddressLine2</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_EntityAddressCityOrTown">
<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>
</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_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>
</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:stateOrProvinceItemType</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_EntityCentralIndexKey">
<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>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>
</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:centralIndexKeyItemType</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_EntityEmergingGrowthCompany">
<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>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>
</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>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</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:fileNumberItemType</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_EntityIncorporationStateCountryCode">
<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>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>
</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:edgarStateCountryItemType</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_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>
</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_EntityTaxIdentificationNumber">
<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>
</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:employerIdItemType</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_LocalPhoneNumber">
<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>
</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_PreCommencementIssuerTenderOffer">
<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>
</table>
<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>
</div></td></tr>
</table>
<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>
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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 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>
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<td style="white-space:nowrap;">dei_SecurityExchangeName</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 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> -Section 14a<br> -Number 240<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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<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>
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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 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">
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<td><strong> Name:</strong></td>
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