<SEC-DOCUMENT>0001140361-24-036497.txt : 20240809
<SEC-HEADER>0001140361-24-036497.hdr.sgml : 20240809
<ACCEPTANCE-DATETIME>20240809073039
ACCESSION NUMBER:		0001140361-24-036497
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		23
CONFORMED PERIOD OF REPORT:	20240808
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20240809
DATE AS OF CHANGE:		20240809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PITNEY BOWES INC /DE/
		CENTRAL INDEX KEY:			0000078814
		STANDARD INDUSTRIAL CLASSIFICATION:	OFFICE MACHINES, NEC [3579]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				060495050
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-03579
		FILM NUMBER:		241190407

	BUSINESS ADDRESS:	
		STREET 1:		PITNEY BOWES INC
		STREET 2:		3001 SUMMER STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06926-0700
		BUSINESS PHONE:		203-356-5000

	MAIL ADDRESS:	
		STREET 1:		3001 SUMMER STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06926-0700
</SEC-HEADER>
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    <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">UNITED STATES</div>

    <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>

    <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>

    <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <br/>
    </div>

    <div style="font-family: 'Times New Roman';">
      <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; text-align: center; border: none; margin-left: auto; margin-right: auto;"/></div>

    <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 18pt; font-weight: bold;">FORM <ix:nonNumeric name="dei:DocumentType" id="Fact_300bca0dcbb34f489d1eb6c02d0db714" contextRef="c20240808to20240808">8-K</ix:nonNumeric></div>

    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current Report</div>

    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities</div>

    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Exchange Act of 1934</div>

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    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">(Exact name of registrant as specified in its charter)</div>

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            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">(Commission File Number)</div>
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            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">(I.R.S. Employer Identification No.)</div>
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    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
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    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">(Address of principal executive offices)</div>

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    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(<ix:nonNumeric name="dei:CityAreaCode" id="Fact_87b70c8c53994383bff1495d516708c8" contextRef="c20240808to20240808">203</ix:nonNumeric>) <ix:nonNumeric name="dei:LocalPhoneNumber" id="Fact_c6a9817f213b4212a8ecd3d7b1b15dd6" contextRef="c20240808to20240808">356-5000</ix:nonNumeric></div>

    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">(Registrant&#8217;s telephone number, including area code)</div>

    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Not Applicable</div>

    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">(Former name or former address, if changed since last report)</div>

    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; 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 style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
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    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
          </td>

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    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
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    <div>
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    <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="color: #000000; font-family: 'Times New Roman'; 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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</table>
    </div>

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


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    <td style="width: 13.5pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" id="Fact_cd99b8e8a4c545b4aa45d88d5fa5b0c3" contextRef="c20240808to20240808" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric><br/>
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    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); 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 style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Securities registered pursuant to Section 12(b) of the Act:</div>

    <div style="font-family: 'Times New Roman';"><br/>
    </div>

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    <td style="width: 32%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">Title of Each Class</div>
          </td>

    <td style="width: 2%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 32%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">Trading Symbol(s)</div>
          </td>

    <td style="width: 2%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 32%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Name of Each Exchange on Which</div>
            <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Registered</div>
          </td>

  </tr>

  <tr>

    <td style="width: 32%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><ix:nonNumeric name="dei:Security12bTitle" id="Fact_6e2cf5676e844d299014fcda24ca3ce5" contextRef="c20240808to20240808_StatementClassOfStockAxis_CommonStockMember">Common Stock, $1 par value per share</ix:nonNumeric><br/>
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    <td style="width: 2%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 32%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><ix:nonNumeric name="dei:TradingSymbol" id="Fact_9febaaf9a5ef42969ce6ab85eebd3546" contextRef="c20240808to20240808_StatementClassOfStockAxis_CommonStockMember">PBI</ix:nonNumeric><br/>
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          </td>

    <td style="width: 2%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 32%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><ix:nonNumeric name="dei:SecurityExchangeName" id="Fact_adbcaf2312d04c089bfdcc49dcea663f" contextRef="c20240808to20240808_StatementClassOfStockAxis_CommonStockMember" format="ixt-sec:exchnameen">New York Stock Exchange</ix:nonNumeric><br/>
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    <td style="width: 32%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><ix:nonNumeric name="dei:Security12bTitle" id="Fact_886d2d67981f4e809125512c9d799c21" contextRef="c20240808to20240808_StatementClassOfStockAxis_Six70NotesDue2043Member">6.70% Notes due 2043</ix:nonNumeric><br/>
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    <td style="width: 2%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 32%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><ix:nonNumeric name="dei:TradingSymbol" id="Fact_0730b634c2a94f49966ea8c9f993eb89" contextRef="c20240808to20240808_StatementClassOfStockAxis_Six70NotesDue2043Member">PBI.PRB</ix:nonNumeric><br/>
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          </td>

    <td style="width: 2%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 32%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><ix:nonNumeric name="dei:SecurityExchangeName" id="Fact_df32a5fdd1bb4853a432d294812ba7e1" contextRef="c20240808to20240808_StatementClassOfStockAxis_Six70NotesDue2043Member" format="ixt-sec:exchnameen">New York Stock Exchange</ix:nonNumeric><br/>
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          </td>

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</table>
    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter)
      or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</div>

    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Emerging growth company <ix:nonNumeric name="dei:EntityEmergingGrowthCompany" id="Fact_aa58a47e9eab474d81808527109dd8de" contextRef="c20240808to20240808" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></div>

    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman'; 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. &#9744;</div>

    <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;"> <br/>
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      <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"/> </div>

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    <td style="width: 67.5pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM 1.01.</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.</div>
          </td>

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    <div style="text-align: left;">
<div><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><br/></div>

      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">On August 8, 2024, certain subsidiaries of Pitney Bowes Inc. (the &#8220;Company&#8221;) entered into a series of transactions designed to facilitate an orderly wind-down of the
        Company&#8217;s Global Ecommerce reporting segment. In connection with the wind-down, an affiliate of Hilco Commercial Industrial, LLC (&#8220;Hilco&#8221;) subscribed for 81% of the voting interests in DRF Logistics, LLC, an entity holding a substantial majority of
        the Global ecommerce segment&#8217;s assets and operations (such entity, together with its subsidiary, DRF, LLC, the &#8220;Ecommerce Debtors&#8221;), for <span style="font-family: 'Times New Roman'; font-style: italic;">de minimis </span>consideration (the &#8220;GEC
        Sale&#8221;), with a subsidiary of the Company retaining 19% of the voting interests and 100% of the economic interests in DRF Logistics, LLC. The subscription was effected by a limited liability company agreement (the &#8220;LLCA&#8221;), which provides that the
        board of DRF Logistics, LLC will be managed by two independent initial managers. Pursuant to the LLCA, managers can be appointed or removed by vote of the majority of the voting interests in DRF Logistics, LLC. Under the LLCA, any action taken by
        the board of managers shall serve to bind DRF Logistics, LLC and such board shall have such authority, rights and powers to manage DRF Logistics, LLC.<span style="font-family: 'Times New Roman';"> </span>Subsequent to the GEC Sale, the Ecommerce
        Debtors, at the direction of their own governing bodies, filed petitions to commence Chapter 11 bankruptcy cases and conduct an orderly wind-down of the Ecommerce Debtors (the &#8220;Ecommerce Chapter 11 Cases&#8221;). The Company and its remaining
        subsidiaries did not file for Chapter 11 protection and will continue to operate their respective businesses as usual.</div>

    </div>

    <div><br/></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">The foregoing description is intended to be a summary only and is qualified in its entirety by reference to the full text of the LLCA, which is attached to
      this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.</div>

    <div style="font-family: 'Times New Roman';"><br/>
    </div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">The Restructuring Support Agreement</div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">On August 8, 2024, the Company entered into a Restructuring Support Agreement (together with all exhibits and schedules thereto, the &#8220;RSA&#8221;) with the
      Ecommerce Debtors, which contemplates the filing of the Ecommerce Chapter 11 Cases and a chapter 11 plan (the &#8220;Plan&#8221;) to implement the orderly wind-down of the Ecommerce Debtors. Capitalized terms used but not defined herein have the meanings
      ascribed to them in the RSA.</div>

    <div style="font-family: 'Times New Roman';"><br/>
    </div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">The RSA, including the Plan, other ancillary agreements, and the DIP Facility (as defined below) contemplate, among other things:</div>

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    <td style="width: 18pt; font-family: 'Times New Roman';"><br/>
          </td>

    <td style="width: 18pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt;">an orderly wind-down of the Ecommerce Debtors and recovery for creditors commensurate with the success of the Ecommerce Debtors&#8217; ability to liquidate their assets and repay the DIP Facility (as
              defined below);</div>
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    <td style="width: 18pt; font-family: 'Times New Roman';"><br/>
          </td>

    <td style="width: 18pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="font-size: 10pt;">the continued provision of shared services between the Company and the Ecommerce Debtors, including <span style="font-size: 10pt; color: rgb(0, 0, 0);">shared insurance coverage and use of employees, through
                September 9, 2024, subject to extension by mutual agreement, but in no event beyond November 29, 2024, in exchange for consideration;</span></div>
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    <td style="width: 18pt; font-family: 'Times New Roman';"><br/>
          </td>

    <td style="width: 18pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt;">a global settlement between the Company and the Ecommerce Debtors, including (among other things) a release of claims the Ecommerce Debtors may have against the Company, which release remains
              subject to approval of the Bankruptcy Court; and</div>
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          </td>

    <td style="width: 18pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt;">a senior secured, superpriority debtor-in-possession financing facility (the &#8220;DIP Facility&#8221;) comprised of a multi-draw debtor-in-possession term promissory note between PBIH as lender (the &#8220;DIP
              Lender&#8221;) and DRF Logistics, LLC, as borrower, in an aggregate principal amount of up to approximately $45 million (contingent upon the Bankruptcy Court&#8217;s approval).</div>
          </td>

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    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">The foregoing description of the Restructuring Support Agreement and the transactions and documents contemplated thereby does not purport to be complete and
      is qualified in its entirety by reference to the Restructuring Support Agreement as filed as Exhibit 10.2 hereto and incorporated by reference herein.</div>

    <div><br/>
    </div>

    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">The Settlement and Release Agreement</div>

    <div style="font-size: 10pt;"><br/>
    </div>

    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">On August 8, 2024, the Company entered into a Settlement and Release Agreement (the &#8220;SRA&#8221;) with the Ecommerce Debtors, the Company and a subsidiary of the Company. The SRA
      contemplates the separation of the relationship and transactions among the Company and its subsidiaries, on the one hand, and the Ecommerce Debtors on the other, including the settlement and release by each party of certain claims.</div>

    <div style="font-size: 10pt;"><br/>
    </div>

    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">The foregoing description of the SRA and the transactions and documents contemplated thereby does not purport to be complete and is qualified in its entirety by reference
      to the Restructuring Support Agreement as filed as Exhibit 10.3 hereto and incorporated by reference herein.</div>

    <div><br/>
    </div>

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    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Credit Agreement Amendment and Note Purchase Agreement Amendment</div>

    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">In connection with the Ecommerce Chapter 11 Cases, on August 8, 2024, the Company entered into (i) the Seventh Amendment (the &#8220;Credit Agreement Amendment&#8221;)
      to the Credit Agreement, dated as of November 1, 2019, by and among the Company, the certain subsidiaries of the Company party thereto, the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the &#8220;Credit
      Agreement&#8221;) and (ii) the First Amendment (the &#8220;NPA Amendment&#8221; and, together with the Credit Agreement Amendment, the &#8220;Amendments&#8221;) to the Note Purchase Agreement, dated as of July 31, 2023 (the &#8220;NPA&#8221;), by and among the Company, as issuer, the
      noteholders party thereto (including funds managed by Oaktree Capital Management, L.P.) and Alter Domus (US) LLC, as noteholder representative.</div>

    <div style="font-family: 'Times New Roman';"><br/>
    </div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">The Amendments make certain changes to the Credit Agreement and the NPA including: (i) releasing the Ecommerce Debtors from their obligations under the
      Credit Agreement and NPA, (ii) releasing the Ecommerce Debtors from any and all liens, guarantees and other encumbrances under the Credit Agreement and NPA, (iii) permitting the transactions contemplated by the Ecommerce Restructuring (as defined in
      the Amendments), including the provision of the DIP Facility to the Ecommerce Debtors, (iv) modifying the definition of consolidated EBITDA to remove historical results of the Global Ecommerce business and exclude costs incurred in connection with
      the Ecommerce Restructuring and (v) modifying certain collateral related terms and negative covenants. In addition, the Credit Agreement Amendment reduces the total aggregate amount of revolver commitments available to be borrowed from $500 million
      to $400 million.</div>

    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">The foregoing descriptions of the Amendments do not purport to be complete and are qualified in their entirety by reference to the Amendments, copies of
      which are attached as Exhibits 10.4 and 10.5, to this Current Report on Form 8-K and incorporated into this Item 1.01 by reference.</div>

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    </div>

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    <td style="width: 72pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM 2.01</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.</div>
          </td>

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    <div style="font-family: 'Times New Roman';"><br/>
    </div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">The information set forth in Item 1.01 of this Current Report on Form 8-K regarding the Amendment is incorporated herein by reference.</div>

    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

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    <td style="width: 72pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM 2.03</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); 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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    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">The information set forth in Item 1.01 of this Current Report on Form 8-K regarding the Amendment is incorporated herein by reference.</div>

    <div style="font-family: 'Times New Roman';"><br/>
    </div>

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    <td style="width: 72pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM 5.02</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.</div>
          </td>

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    <div style="font-family: 'Times New Roman';"><br/>
    </div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">
      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">The employment of James Fairweather as Executive Vice President and Chief Innovation Officer at the Company will end, effective April 1, 2025 (the
        &#8220;Separation Date&#8221;).</div>

      <div><br/>
      </div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">In connection with Mr. Fairweather&#8217;s separation from the Company, Mr. Fairweather executed a Separation and General Release Agreement (the &#8220;Separation
        Agreement&#8221;), pursuant to which, and subject to agreement to the terms included therein (including a release), Mr. Fairweather will be eligible to receive a cash payment equal to $582,394, less applicable taxes and withholdings, which amount
        represents fifty (50) weeks&#8217; worth of Mr. Fairweather&#8217;s base salary as in effect immediately prior to the Separation Date (the &#8220;Separation Amount&#8221;). In addition to the Separation Amount, Mr. Fairweather is also be entitled to a pro-rata annual
        bonus (subject to his satisfaction of the release agreement requirement), based on company performance, corresponding to the time he serves as Executive Vice President and Chief Innovation Officer in 2025 (the &#8220;Pro-Rata Bonus&#8221;) and other benefits.
        The Pro-Rata Bonus, if any, will be paid to Mr. Fairweather when annual bonuses for then-active employees of the Company are paid, but no later than March 15, 2026.</div>

      <div><br/>
      </div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Additionally, under the terms of the Separation Agreement, Mr. Fairweather&#8217;s stock options and restricted stock units granted before the Separation date
        that are at least partially vested or outstanding for year as of the Separation Date will continue to vest and remain exercisable in accordance with the applicable vesting schedules. Upon becoming eligible for retirement, any outstanding stock
        awards and restricted stock units will immediately vest. The Company will pay a prorated payout for outstanding performance stock units or cash incentive units. Payout will be subject to a schedule based on total completed months of active service
        through the last day of work.</div>

    </div>

    <div style="font-family: 'Times New Roman';"><br/>
    </div>

    <div style="font-family: 'Times New Roman';">
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Over the next several months, Mr. Fairweather will focus on the wind-down of the Global Ecommerce segment and cost restructuring matters for the Company.</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">The foregoing description is intended to be a summary only and is qualified in its entirety by reference to the full text of the Separation Agreement, which is attached
        to this Current Report on Form 8-K as Exhibit 10.6 and is incorporated herein by reference.</div>

      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"> <br/>
      </div>

    </div>

    <div><span style="font-size: 10pt;"> </span></div>

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    <td style="width: 72pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM 7.01</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">REGULATION FD DISCLOSURE.</div>
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    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">In connection with the Ecommerce Chapter 11 Cases, the Company issued a press release on August 8, 2024, a copy of which is attached to this Form 8-K as
      Exhibit 99.1.</div>

    <div style="font-family: 'Times New Roman';"><br/>
    </div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Forward Looking Statements</div>

    <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

    <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">This Form 8-K includes &#8220;forward-looking statements&#8221; within the meaning of the &#8220;safe harbor&#8221; provisions of the United States Private Securities Litigation
      Reform Act of 1995. Forward-looking statements may be identified by the use of words such as &#8220;estimate,&#8221; &#8220;plan,&#8221; &#8220;project,&#8221; &#8220;forecast,&#8221; &#8220;intend,&#8221; &#8220;will,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;seek,&#8221; &#8220;target&#8221; or other similar expressions that predict or
      indicate future events or trends or that are not statements of historical matters. The Company&#8217;s and the Ecommerce Debtors&#8217; actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks
      and other factors, which could include the following: risks and uncertainties relating to the Ecommerce Chapter 11 Cases including the ability to obtain Bankruptcy Court approval with respect to motions and the Plan in the Ecommerce Chapter 11 Cases
      and successfully implement the Plan; the effects of the Ecommerce Chapter 11 Cases on the Company and the Ecommerce Debtors and on the interests of various constituents, Bankruptcy Court rulings in the Ecommerce Chapter 11 Cases and the outcome of
      the Ecommerce Chapter 11 Cases in general, the length of time the Ecommerce Debtors will operate under the Ecommerce Chapter 11 Cases, risks associated with any third-party motions in the Ecommerce Chapter 11 Cases, the potential adverse effects of
      the Ecommerce Chapter 11 Cases on the Ecommerce Debtors&#8217; liquidity; finalization and receipt of the DIP Facility; satisfaction of any conditions to which the DIP Facility is subject and the risk that these conditions may not be satisfied for various
      reasons, including for reasons outside of the Company&#8217;s or the Ecommerce Debtors&#8217; control; the trading price and volatility of the Company&#8217;s common stock as well as other risk factors set forth in the Company&#8217;s Annual Report on Form 10-K and
      Quarterly Reports on From 10-Q filed with the Securities and Exchange Commission. These statements are provided for illustrative purposes only and are based on various assumptions, whether or not identified in this press release, and on the current
      expectations of the Company&#8217;s management. These forward-looking statements are not intended to serve, and must not be relied on by any investor, as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual
      events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and
      uncertainties, including those identified in the Company&#8217;s reports filed with the U.S. Securities and Exchange Commission, and if any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the
      results implied by these forward-looking statements. Accordingly, undue reliance should not be placed upon the forward-looking statements.</div>

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    </div>

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    <td style="width: 72pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM 9.01.</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-family: 'Times New Roman';">
            <div style="color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">FINANCIAL STATEMENTS AND EXHIBITS.</div>
          </td>

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      </span></div>

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            <div style="text-align: left; color: rgb(0, 0, 0); font-size: 10pt;">(d)</div>
          </td>

    <td style="width: 83%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; margin-right: 0.8pt; color: rgb(0, 0, 0); font-size: 10pt;">Exhibits.</div>
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    </div>

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                <div style="text-align: left; margin-left: 5.7pt; font-family: 'Times New Roman'; font-size: 8pt;">10.1</div>
              </td>

    <td style="width: auto; vertical-align: top;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-size: 8pt;"><br/>
                </div>
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            <div style="text-align: left; margin-right: 0.8pt; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Exhibit</div>
            <div style="text-align: left; margin-right: 0.8pt; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Number</div>
          </td>

    <td style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 90%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
            <div style="text-align: center; margin-right: 0.8pt; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">Description</div>
          </td>

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    <td rowspan="1" style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';"><a href="ef20033689_ex10-1.htm">10.1<br/>
            </a> </td>

    <td rowspan="1" style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';"><br/>
          </td>

    <td rowspan="1" style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">Limited Liability Company Agreement, dated as of August 8, 2024, by and between Pitney Bowes International Holdings, Inc. and Hilco.<br/>
          </td>

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    <td rowspan="1" style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td rowspan="1" style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td rowspan="1" style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

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    <td style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; margin-right: 1.6pt; color: rgb(0, 0, 0); font-size: 10pt;"><a href="ef20033689_ex10-2.htm">10.2</a></div>
          </td>

    <td style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; margin-right: 1.6pt; color: rgb(0, 0, 0); font-size: 10pt;">Form of Restructuring Support Agreement, dated as of August 8, 2024, by and between the Company and the Ecommerce Debtors</div>
          </td>

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    <td rowspan="1" style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td rowspan="1" style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td rowspan="1" style="width: 90%; vertical-align: top; font-family: 'Times New Roman';"><br/>
          </td>

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    <td rowspan="1" style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';"><a href="ef20033689_ex10-3.htm">10.3<br/>
            </a></td>

    <td rowspan="1" style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';"><br/>
          </td>

    <td rowspan="1" style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">Form of Settlement and Release Agreement, dated as of August 8, 2024, by and among (i) DRF Logistics, LLC and DRF, LLC, as proposed debtors and
            debtors-in-possession and (ii) the Company and Pitney Bowes International Holdings, Inc.</td>

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    <td rowspan="1" style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td rowspan="1" style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td rowspan="1" style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

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    <td style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; margin-right: 1.6pt; color: rgb(0, 0, 0); font-size: 10pt;"><a href="ef20033689_ex10-4.htm">10.4</a></div>
          </td>

    <td style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; margin-right: 1.6pt; color: rgb(0, 0, 0); font-size: 10pt;">Seventh Amendment, dated as of August 8, 2024, among Pitney Bowes Inc., the subsidiaries of Pitney Bowes Inc. party thereto, the lenders and issuing banks
              party thereto, and JPMorgan Chase Bank, N.A., as administrative agent</div>
          </td>

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    <td style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

  </tr>

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    <td style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; margin-right: 1.6pt; color: rgb(0, 0, 0); font-size: 10pt;"><a href="ef20033689_ex10-5.htm">10.5</a></div>
          </td>

    <td style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; margin-right: 1.6pt; color: rgb(0, 0, 0); font-size: 10pt;">First Amendment to the Note Purchase Agreement, dated August 8, 2024, by and among Pitney Bowes Inc., the noteholders party thereto and Alter Domus (US)
              LLC, as noteholder representative</div>
          </td>

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    <td rowspan="1" style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td rowspan="1" style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td rowspan="1" style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

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    <td rowspan="1" style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';"><a href="ef20033689_ex10-6.htm">10.6</a><br/>
          </td>

    <td rowspan="1" style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';"><br/>
          </td>

    <td rowspan="1" style="width: 90%; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">
            <div style="text-align: left; font-family: 'Times New Roman';">Separation and General Release Agreement, dated as of August 7, between the Company and James Fairweather</div>
          </td>

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    <td style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

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            <div style="text-align: left; margin-right: 1.6pt; color: rgb(0, 0, 0); font-size: 10pt;"><a href="ef20033689_ex99-1.htm">99.1</a></div>
          </td>

    <td style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; margin-right: 1.6pt; color: rgb(0, 0, 0); font-size: 10pt;">Press Release of Pitney Bowes Inc., dated August 8, 2024</div>
          </td>

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    <td style="width: 8.54%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

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            <div style="text-align: left; margin-right: 0.8pt; color: rgb(0, 0, 0); font-size: 10pt;">104</div>
          </td>

    <td style="width: 1%; vertical-align: bottom; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 90%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; margin-right: 1.6pt; color: rgb(0, 0, 0); font-size: 10pt;">The cover page Pitney Bowes Inc.&#8217;s Current Report on Form 8-K, formatted in Inline XBRL</div>
          </td>

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    <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SIGNATURES</div>

    <div style="font-family: 'Times New Roman';"><br/>
    </div>

    <div style="text-align: left; text-indent: 36pt; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed
      on its behalf by the undersigned hereunto duly authorized.</div>

    <div style="text-align: justify; text-indent: 36pt;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-family: 'Times New Roman';"><br/>
      </span></div>

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    <td colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; color: rgb(0, 0, 0); font-size: 10pt;">Pitney Bowes Inc.</div>
          </td>

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    <td style="width: 40%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 5%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td style="width: 55%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

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    <td style="width: 5%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; color: rgb(0, 0, 0); font-size: 10pt;">By:</div>
          </td>

    <td style="width: 55%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman';">
            <div style="text-align: left; color: rgb(0, 0, 0); font-size: 10pt;">/s/ Lance Rosenzweig</div>
          </td>

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    <td style="width: 40%; vertical-align: top; font-family: 'Times New Roman';">&#160;</td>

    <td colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; color: rgb(0, 0, 0); font-size: 10pt;">Name:&#160; Lance Rosenzweig</div>
          </td>

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    <td style="width: 40%; vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; color: rgb(0, 0, 0); font-size: 10pt;">Date: August 8, 2024</div>
          </td>

    <td colspan="2" style="vertical-align: top; font-family: 'Times New Roman';">
            <div style="text-align: left; color: rgb(0, 0, 0); font-size: 10pt;">Title:&#160; Interim Chief Executive Officer</div>
          </td>

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<DOCUMENT>
<TYPE>EX-10.1
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<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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    <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Exhibit 10.1<br>
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    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <br>
      <div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">(Execution Version)</div>
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      AMENDED AND RESTATED</div>
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    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">LIMITED LIABILITY COMPANY AGREEMENT</div>
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    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">OF</div>
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    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">DRF LOGISTICS, LLC</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">This Amended and Restated Limited Liability Company Agreement (this &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Agreement</u></font>&#8221;)



      of DRF Logistics, LLC, a Delaware limited liability company (the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Company</u></font>&#8221;), effective as of August 8, 2024, (the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Effective Date</u></font>&#8221;), is entered into by and between Pitney Bowes International Holdings, Inc., a Delaware Corporation (&#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>PBIHI</u></font>&#8221;) and HCI
      DRF, LLC, a Delaware limited liability company (&#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Hilco</u></font>&#8221; and together, with PBIHI, the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Members</u></font>&#8221;
      or each, a &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Member</u></font>&#8221;), pursuant to and in accordance with the Delaware Limited Liability Company Act (6 De.C. &#167; 18-101, <font style="font-family: 'Times New Roman';"><u>et</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>seq</u></font>.), as amended from time to time (the &#8220;<font style="font-family: 'Times New Roman';"><u>Act</u></font>&#8221;).</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, the Company was a
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, the Company was
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS,</font><font style="font-size: 10pt;"> after the Conversion
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, prior to the
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, pursuant to this
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, on the date hereof,
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    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, following such
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, the Members agree
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">NOW, THEREFORE</font><font style="font-size: 10pt;">, the Members
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    <div style="font-size: 10pt;">&#160;</div>
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          exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary, appropriate, proper, advisable, incidental or
          convenient to the conduct, promotion, furtherance or attainment of the business purposes or activities of the Company and for the protection and benefit of the Company.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">4.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Powers</u></font>. The Company shall, without limitation, have all the powers necessary or convenient to carry out the purpose for which it is organized, including the powers granted by the Act.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">5.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Principal Office; Registered Agent and Office</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">5.1</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-family: 'Times New Roman';">Principal Office. The location of the
          principal office of the Company shall be 27 Waterview Drive, Shelton, CT 06484, United States, or such other location as the Members may from time to time designate.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">5.2</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Registered Agent and Office</u></font>. The registered agent of the Company for service of process in the State of Delaware and the registered office of the Company in the State of Delaware shall be that person and location
          reflected in the Certificate of Formation or such other person and office as the Members may designate from time to time in the manner provided by law.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">6.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Interests</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">6.1</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Interests</u></font>. The membership interests of the Company shall be divided into two (2) classes of units, with such units referred to as &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Class A Units</u></font>&#8221;
          and &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Class B Units</u></font>&#8221;, and together as the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Units</u></font>&#8221;. The Company is authorized to issue 100
          Class A Units and 100 Class B Units. As of the date hereof, PBIHI holds 100 Class A Units and 19 Class B Units; and Hilco holds 81 Class B Units.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">6.2</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Class A Units</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Economic Rights</u></font>: Holders of Class A Units shall have the right to receive distributions from the Company as and when determined by the Board in accordance with this Agreement and applicable
          law. Such distributions may be made in cash or in kind and shall be made in proportion to the number of Class A Units held by each Member relative to the total number of Class A Units issued and outstanding.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>No Voting Rights</u></font>: Except as otherwise required by law, holders of Class A Units shall have no voting rights with respect to any matters, including but not limited to, the election of
          Managers, amendments to the Company&#8217;s Agreement, or any other Company matter or business decision. The Class A Units shall be entirely non-voting and shall not confer upon the holders thereof the right to vote on any matter submitted to the
          Company&#8217;s Members for a vote.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
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      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">2</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(c)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Allocation of Profits and Losses</u></font>: Profits and losses of the Company shall be allocated solely among the Members holding Class A Units in proportion to the number of Class A Units held by
          each such Member relative to the total number of Class A Units issued and outstanding.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">6.3</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Class B Units</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>No Economic Rights</u></font>: Holders of Class B Units shall not be entitled to receive distributions of the Company&#8217;s profits and shall not have the right to share in the assets of the Company upon
          dissolution or winding up. The Class B Units shall be entirely non-economic and shall confer no right to distributions, whether in cash or in kind.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Voting Rights</u></font>: Holders of Class B Units shall have full voting rights on all matters requiring Member approval as set forth in this Agreement or by applicable law. Each Class B Unit shall
          entitle the holder thereof to one vote on any matter submitted to a vote of the Members of the Company.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(c)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Allocation of Profits and Losses</u></font>: Holders of Class B Units shall not have any share in the profits or losses of the Company, and such profits or losses shall be allocated solely among the
          holders of Class A Units as described in <font style="font-family: 'Times New Roman';"><u>Section 6.2(c)</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">6.4</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Additional Provisions</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Rights Upon Liquidation</u></font>: In the event of any voluntary or involuntary liquidation, dissolution, or winding up of the Company, the holders of Class A Units shall have the right to receive the
          assets of the Company available for distribution to Members, after the satisfaction of all debts and liabilities of the Company, in proportion to the number of Class A Units held by each such Member relative to the total number of Class A Units
          issued and outstanding. Holders of Class B Units shall not have any right to receive any of the assets of the Company upon its liquidation, dissolution, or winding up.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">7.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Transfer of
            Membership Interests</u></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">7.1</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Restrictions on Transfer.&#160; </u></font>No Member shall transfer, sell, assign, pledge, or otherwise dispose of the Class B Units, whether voluntarily, involuntarily, by operation of law, or otherwise (each a &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Transfer</u></font>&#8221;), without complying with the terms and conditions set forth in this <font style="font-family: 'Times New Roman';"><u>Section 7</u></font>.&#160; There shall be no
          restrictions on Transfers of the Class A Units; provided, however, that no Transfer of Class A Units shall be permitted if such Transfer would cause the Company to be treated as a &#8220;publicly traded partnership&#8221; as defined in Section 7704 of the
          Internal Revenue Code of 1986, as amended (the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Code</u></font>&#8221;).</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
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      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">3</font></div>
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    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">7.2</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><u>Right of First Offer (ROFO).</u></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';">Offer Notice: Prior to any Transfer of a Member&#8217;s Class B Units (the &#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">Offered Interest</font></u><font style="font-family: 'Times New Roman';"><u>&#8221;)</u>, the Member wishing to Transfer (the &#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">Transferring Member</font></u><font style="font-family: 'Times New Roman';">&#8221;) shall first provide a written
            notice to the Company and each other Member (the &#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">Offer Notice</font></u><font style="font-family: 'Times New Roman';">&#8221;) stating its intention to Transfer the Offered
            Interest. The Offer Notice shall include the number of Units to be transferred, the proposed transfer price, and the terms and conditions of the proposed Transfer.</font></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Company&#8217;s Right to Redeem</u>: Upon receipt of the Offer Notice, the Company shall have the right, but not the obligation, to redeem the Offered Interest on the same terms and conditions as those
            stated in the Offer Notice. The Company shall have 20 days from the receipt of the Offer Notice to notify the Transferring Member in writing of its intention to redeem the Offered Interest (the &#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">Redemption Notice</font></u><font style="font-family: 'Times New Roman';">&#8221;).</font></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(c)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Exercise of ROFO by Members</u>: If the Company declines to redeem the Offered Interest or fails to provide a Redemption Notice within the time period specified in <u>Section 7.2(b), </u>the Offered
            Interest shall be offered to the other Members of the Company on a pro rata basis (according to their respective ownership interests of the Class B Units) under the same terms and conditions as those stated in the Offer Notice. The other
            Members shall have 20 days from the receipt of the subsequent offer notice to notify the Transferring Member and the Company in writing of their intention to acquire the Offered Interest (the &#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">Acquisition Notice</font></u><font style="font-family: 'Times New Roman';">&#8221;).</font></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(d)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Transfer to Third Parties</u>: If neither the Company nor the other Members exercise their respective rights to redeem or acquire the Offered Interest within the time periods specified in <u>Sections
              7.2(b)</u> and <u>7.2(c)</u>, the Transferring Member may Transfer the Offered Interest to the third party specified in the Offer Notice (&#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">Third Party Transferee</font></u><font style="font-family: 'Times New Roman';">&#8221;), provided that the Third Party Transferee satisfies the conditions of the ROFO as set forth in this <u>Section 7</u> and agrees to the terms of this Agreement. The Transfer to the Third Party
            Transferee must be completed within 30 days from the expiration of the other Members&#8217; right to acquire the Offered Interest as specified in <u>Section 7.2(c)</u> (the &#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">Third
              Party Transfer Period</font></u><font style="font-family: 'Times New Roman';">&#8221;).</font></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(e)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><u>Failure to
            Transfer</u>: If the Transferring Member does not complete the Transfer to the Third Party Transferee within the Third Party Transfer Period, the Offered Interest shall again be subject to the ROFO provisions of this <u>Section 7,</u> and the
          Transferring Member must provide a new Offer Notice to the Company before attempting another Transfer.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">8.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Members.</u></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">8.1</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Members</u></font>. The name and the mailing address of the Members are as follows:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; margin-left: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">Pitney Bowes International Holdings, Inc.</div>
    <div style="text-align: justify; margin-left: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">3001 Summer Street</div>
    <div style="text-align: justify; margin-left: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">Stamford, CT 06905</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">HCI DRF, LLC</div>
    <div style="text-align: justify; margin-left: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">5 Revere Drive, Suite 206</div>
    <div style="text-align: justify; margin-left: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">Northbrook, IL 60062</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">4</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">8.2</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Additional Members</u></font>. One or more additional members may be admitted to the Company with the prior written consent of each Member. Prior to the admission of any such additional members to the Company, the Members shall
          amend this Agreement or adopt a new company agreement to make such changes as the Members shall determine to reflect the fact that the Company shall have such additional members. Each additional member shall execute and deliver a joinder,
          supplement, or counterpart to any such amendment to this Agreement, as necessary.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">8.3</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Membership Interests; Certificates</u></font>. The Company will not issue any certificates to evidence ownership of the membership interests.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">8.4</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Waiver of Fiduciary Duties. </u></font>No Member or Manager, in its capacity as such, shall have any duties, including fiduciary duties, to the Company, any other Member, any other Manager or any other person or entity (a &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Person</u></font>&#8221; or &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Persons</u></font>&#8221;), and any duties or implied duties, including fiduciary duties, of any
          Member or Manager, in its capacity as such, that would otherwise apply at law, common or statutory, or in equity are hereby eliminated to the fullest extent permitted under the Act and any other applicable law, and each Member acknowledges and
          agrees that the duties and obligation of the Members to the Company are only as expressly set forth in this Agreement.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">9.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-weight: bold; font-family: 'Times New Roman';"><u>Books
            &amp; Records, Information Rights &amp; Fiscal Year.</u></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: normal;">9.1</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; font-weight: normal;"><font style="font-family: 'Times New Roman';"><u>Books and Records</u>. Accurate, full and complete records and books of account shall be kept by the Company, showing fully and accurately all transactions and other matters relative to the business of
          the Company as are usually entered into records and books of account maintained by Persons engaged in businesses of a similar character. The Company&#8217;s properties, books and records and operating information shall at all times be maintained at the
          principal office of the Company and shall be open to the inspection and examination of the Members or their duly authorized representatives upon reasonable advance notice from a Member to the Company, during reasonable business hours and at the
          sole cost and expense of the inspecting or examining Member. The Company shall maintain at its principal office and make available to any Member or any designated representative of any Member a current list of names, addresses and Percentage
          Interests of all Members.</font></font></div>
    <div style="font-size: 10pt; font-weight: normal;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: normal;">9.2</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; font-weight: normal;"><font style="font-family: 'Times New Roman';"><u>Tax Information; Tax Classification</u>. The Company shall prepare and timely file (or cause to be prepared and timely filed) all U.S. federal, state, local and non-U.S. tax and information returns
          required to be filed by the Company. The Company shall deliver to each Member all information necessary or reasonably requested for such Member to fulfill all tax reporting requirements that are attributable to the Company and to participate in
          or respond to any tax proceeding. PBIHI shall cooperate with Hilco to prepare a draft IRS Form 5471 relating to any &#8220;controlled foreign corporation&#8221; (as defined in section 957 of the Code) that is a subsidiary of the Company within 180 days
          following the end of each Fiscal Year and fully cooperate with Hilco in fulfilling its related information reporting obligations. The Company, and each of its subsidiaries formed under the laws of the United States, any state thereof or the
          District of Columbia, is intended to be disregarded as separate from PBIHI for U.S. federal and applicable state and local tax purposes and the Company and each Member shall report consistently with such treatment unless otherwise required by a
          final determination within the meaning of Section 1313(a) of the Code, or a corresponding provision of state or local tax law. No entity classification election shall be made by or with respect to the Company or any of its subsidiaries without
          the prior written consent of each Member and the Board.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">5</font></div>
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    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: normal;">9.3</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; font-weight: normal;"><font style="font-family: 'Times New Roman';"><u>Information</u>.</font></font></div>
    <div style="font-size: 10pt; font-weight: normal;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: normal;">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; font-weight: normal;"><font style="font-family: 'Times New Roman';">To the extent any Member is required to prepare any annual reports, quarterly reports and other periodic reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of
          1934, the Company shall provide any information that such Member may require (and request) in order to satisfy such reporting requirements in a timely manner.</font></font></div>
    <div style="font-size: 10pt; font-weight: normal;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: normal;">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; font-weight: normal;"><font style="font-family: 'Times New Roman';">The Company shall provide to the Members any and all other reasonably required information in order for the Members to comply with applicable law, including with respect to tax
          filings, compliance with securities regulations and other regulatory law.</font></font></div>
    <div style="font-size: 10pt; font-weight: normal;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: normal;">9.4</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; font-weight: normal;"><font style="font-family: 'Times New Roman';"><u>Fiscal Year</u>. The fiscal year of the Company (the &#8220;<font style="font-weight: bold;"><u>Fiscal Year</u></font>&#8221;) shall be the calendar year; provided, however, that the last Fiscal Year of the Company
          shall end on the date on which the Company is terminated.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">10.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Management</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">10.1</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Authority; Powers and Duties of the Managers</u></font>. The Company shall be managed by a board of managers (the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Board</u></font>&#8221;). The Board shall consist of
          three (3) managers (each, a &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Manager</u></font>&#8221; and collectively, the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Managers</u></font>&#8221;) who shall be
          elected by an affirmative vote of a majority of the Class B Units. The initial Managers shall be Alan Carr and Dhiren Fonseca (the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Initial Managers</u></font>&#8221;). At least a
          majority of the Managers shall be Independent Managers. Members hereby agree that appointment of Initial Managers complies with the terms of this Agreement and that the following Initial Managers are Independent Managers: Alan Carr and Dhiren
          Fonseca.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">10.2</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Appointment of Managers; Removal</u></font>. In order to fill the vacancy created by removal, resignation or death of any Initial Manager or his or her successor, the Company shall provide prompt notice (which shall not be less than
          five business days) to all Members who own Class B Units of a special meeting (the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Special Meeting</u></font>&#8221;) to elect the replacement of such Initial Manager or his or her
          successor, as applicable. Each Manager shall be elected by an affirmative vote of a majority of the Class B Units present in person or represented by proxy at a Special Meeting. The Board shall nominate the candidates for Manager position at the
          Special Meeting. For the purposes of this Agreement, &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Independent Manager</u></font>&#8221; means a manager who (A) does not have a material relationship with the Company nor any of
          its Members or its or their respective affiliates, (B) is not part of the Company&#8217;s or any Member&#8217;s executive team, and (C) is not involved with the day-to-day operations of the Company or either member. Unless otherwise restricted by law, any
          Manager may be removed, with or without cause, by an affirmative vote of a majority of the Class B Units.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">6</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">10.3</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Authority of Board</u></font>. Any action taken by the Board shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of the Board as
          set forth in this Agreement. The Board shall have such authority, rights, and powers in the management of the Company to do any and all acts and things necessary, proper, convenient, or advisable to effectuate the purposes of this Agreement.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">10.4</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Voting</u></font>. Except as otherwise provided by this Agreement, the vote of a majority of the Managers shall be the act of the Board.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">10.5</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Election of Officers; Delegation of Authority</u></font>. The Board may, from time to time, designate one or more officers with such titles as may be designated by the Board to act in the name of the Company with such authority as
          may be delegated to such officers by the Board (each such designated person, an &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Officer</u></font>&#8221;). Any such Officer shall act pursuant to such delegated authority until the
          Officer is removed by the Board. Any action taken by an Officer designated by the Board pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to
          rely conclusively on the power and authority of any Officer set forth in this Agreement and any instrument designating such Officer and the authority delegated to such Officer.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">11.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Liability of Members; Indemnification</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">11.1</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Liability of Members</u></font>. Except as otherwise provided in the Act, by applicable law or expressly in this Agreement, no Member will be obligated personally for any debt, obligation, or liability of the Company or other
          Members, whether arising in contract, tort, or otherwise, solely by reason of being a Member.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">11.2</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Indemnification</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">To the fullest
          extent permitted under the Act, any Covered Person (as defined in section (c) below) shall be entitled to indemnification and reimbursement of reasonable expenses from the Company for and against any loss, damage, claim, or expense (including
          reasonable attorneys&#8217; fees) (collectively, &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Losses</u></font>&#8221;) whatsoever incurred by the Covered Person relating to or arising out of any act or omission or alleged acts or
          omissions (whether or not constituting negligence) performed or omitted by any Covered Person on behalf of the Company; provided, however, that (i) any indemnity under this <u><font style="font-family: 'Times New Roman';">Section 11.2</font></u>
          shall be provided out of and to the extent of the Company assets only, and neither any Member or any other person shall have any personal liability to contribute to such indemnity by the Company; (ii) such Covered Person acted in good faith and
          in a manner believed by such Covered Person to be in, or not opposed to, the best interests of the Company and, with respect to any criminal proceeding, had no reasonable cause to believe their conduct was unlawful; and (iii) such Covered
          Person&#8217;s conduct did not constitute fraud or willful misconduct, in either case as determined by a final, nonappealable order of a court of competent jurisdiction.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">7</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">Upon receipt by the
          Company of a written undertaking by or on behalf of the Covered Person to repay such amounts if it is finally judicially determined that the Covered Person is not entitled to indemnification under this <font style="font-family: 'Times New Roman';"><u>Section </u>11.2</font>, the Company shall advance, to the extent reasonably required, each Covered Person for reasonable legal or other expenses (as incurred) of such Covered Person in connection with investigating, preparing to
          defend, or defending any claim, lawsuit, or other proceeding relating to any Losses for which such Covered Person may be indemnified pursuant to this <font style="font-family: 'Times New Roman';"><u>Section </u>11.2</font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(c)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">For purposes of
          this <font style="font-family: 'Times New Roman';"><u>Section </u>11.2</font>, &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Covered Person</u></font>&#8221; means (i) each Member; (ii) each Manager of the Company; (iii) the
          affiliates of each Member and of each Manager and (iv) with respect to each of the parties set forth in the foregoing provisions (i), (ii), and (iii), their respective officers, directors, shareholders, partners, managers, members, employees,
          agents, or representatives, to the extent applicable.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">11.3</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><u>Expenses</u>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">Except as otherwise
          provided in this Agreement, the Company shall be responsible for all expenses incurred in connection with the operation of the Company&#8217;s business, including (i) all costs, expenses and liabilities associated with the Company&#8217;s business, including
          routine administrative expenses, consulting, auditing, financing and legal fees, (ii) expenses incurred, costs, interest and other obligations in respect of money borrowed by the Company, (iii) costs of litigation or arbitration brought by or
          against the Company, including attorney&#8217;s fees and expenses, judgments and settlements, (iv) indemnification costs and expenses incurred by the Company under any contract to which it is a party, and (v) any taxes, fees and other governmental
          charges levied against the Company, including any expenses relating to any governmental inquiry of the Company or its business activities.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#160;(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">The Company shall
          reimburse each Manager for all reasonable out-of-pocket expenses incurred in connection with attendance at meetings of the Board of Managers and any committee thereof, including travel, lodging and meal expenses.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">11.4</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Exculpation</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">Except as otherwise
          provided in the Act, by applicable law, or expressly in this Agreement, no Manager will be obligated personally for any debt, obligation, or liability of the Company, whether arising in contract, tort, or otherwise, solely by reason of being a
          Manager.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">To the maximum
          extent permitted by applicable law, no officer (in such person&#8217;s capacity as such) shall be liable to the Company or to any Member for losses sustained or liabilities incurred as a result of any act or omission (in relation to the Company, any
          transaction, any investment or any business decision or action, including for breach of duties including fiduciary duties) taken or omitted by such officer (in such person&#8217;s capacity as such), unless there has been a final and non-appealable
          judgment entered by a court of competent jurisdiction determining that, in respect of such act or omission, and taking into account the acknowledgments and agreements set forth in this Agreement, such officer (in such person&#8217;s capacity as such)
          would have had such liability for such act or omission that an officer of the Company would have if the Company were a corporation organized under the laws of the State of Delaware.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">8</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(c)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">NOTWITHSTANDING
          ANYTHING IN THIS AGREEMENT TO THE CONTRARY, TO THE FULLEST EXTENT PERMITTED BY LAW, NO MEMBER (IN HIS, HER OR ITS CAPACITY AS A MEMBER) OR MANAGER (IN HIS OR HER CAPACITY AS A MANAGER) OR OFFICER OF THE COMPANY (IN HIS OR HER CAPACITY AS AN
          OFFICER) SHALL BE LIABLE TO THE COMPANY, TO ANY MEMBER OR TO ANY OTHER PERSON MAKING CLAIMS ON BEHALF OF THE FOREGOING FOR CONSEQUENTIAL, EXEMPLARY, PUNITIVE, INCIDENTAL, INDIRECT OR SPECIAL DAMAGES, INCLUDING DAMAGES FOR LOSS OF PROFITS, LOSS OF
          USE OR REVENUE OR LOSSES BY REASON OF COST OF CAPITAL, ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE BUSINESS OF THE COMPANY OR ANY OF ITS CONTROLLED AFFILIATES, REGARDLESS OF WHETHER SUCH CLAIMS ARE BASED ON CONTRACT, TORT (INCLUDING
          NEGLIGENCE), STRICT LIABILITY, VIOLATION OF ANY APPLICABLE DECEPTIVE TRADE PRACTICES ACT OR SIMILAR LAW OR ANY OTHER LEGAL OR EQUITABLE DUTY OR PRINCIPLE, AND THE COMPANY AND EACH MEMBER HEREBY RELEASE EACH OTHER MEMBER (IN HIS, HER OR ITS
          CAPACITY AS A MEMBER), MANAGER (IN HIS OR HER CAPACITY AS A MANAGER) AND OFFICER (IN HIS OR HER CAPACITY AS AN OFFICER) OF THE COMPANY FROM ANY SUCH DAMAGES.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(d)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">Notwithstanding
          anything in this Agreement to the contrary, nothing in this <font style="font-family: 'Times New Roman';"><u>Section 11.4</u></font> shall limit or waive any claims against, actions, rights to sue, other remedies or other recourse the Company,
          any Member or any other Person may have against any Member, Manager or officer of the Company for a breach of contract claim relating to any binding agreement, including this Agreement.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">12.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Term</u></font>. The term of the Company commenced on the date of filing of the Certificate of Formation and is perpetual unless the Company is terminated in accordance with <font style="font-family: 'Times New Roman';"><u>Section </u>14</font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">13.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Capital Contributions</u></font>. No Member is under any obligation whatsoever, either express or implied, to make any contribution or loan to the Company.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">14.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Winding Up and Termination</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">14.1</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Termination Events</u></font>. The Company shall be dissolved and its business and affairs wound up upon the first to occur of the following:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">determination of
          the Board;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">any event or
          circumstance giving rise to the dissolution of the Company under Section 18-801 of the Act, unless the Company&#8217;s existence is continued pursuant to the Act; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">9</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <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="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(c)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">the entry of a
          decree of judicial dissolution of the Company under Section 18-802 of the Act.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">14.2</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Winding Up</u></font>. Upon the occurrence of an event described in <u><font style="font-family: 'Times New Roman';">Section 14.1</font></u>, the Company shall immediately commence to wind up its business and affairs (if the event
          has not been revoked or canceled), but the Company shall not terminate until the winding up of the Company has been completed, the assets of the Company have been distributed as provided in <u><font style="font-family: 'Times New Roman';">Section
              14.4</font></u>, and the certificate of cancellation (&#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Certificate of Cancellation</u></font>&#8221;) shall have been filed as provided in <u><font style="font-family: 'Times New Roman';">Section 14.5</font></u>. During the period of the winding up of the business and affairs of the Company, the Board shall continue to manage the Company in accordance with this Agreement, and the rights and obligations of the Members
          under this Agreement shall continue.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">14.3</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Bankruptcy</u></font>. Notwithstanding any provision of this Agreement to the contrary, the bankruptcy of any Member shall not cause such Member to cease to be a Member of the Company, and, upon occurrence of such an event, the
          business of the Company shall continue without dissolution. The retirement, resignation, expulsion or dissolution of any Member, or the occurrence of any other event under the Act that terminated the continued membership of any Member in the
          Company, shall not cause the Company to be dissolved or its affairs wound up, and, upon the occurrence of any such event, the business of the Company shall continue without dissolution.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">14.4</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Distributions</u></font>. If the Company is to be terminated pursuant to this <u><font style="font-family: 'Times New Roman';">Section 14</font></u>, the Company shall be liquidated and its business and affairs wound up in
          accordance with the Act and the following provisions:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Liquidator</u></font>. The Board shall act as liquidator to wind up the Company (the &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Liquidator</u></font>&#8221;). The Liquidator shall
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Distribution of Proceeds</u></font>. The Liquidator shall liquidate the assets of the Company and distribute the proceeds of such liquidation in the following order of priority, unless otherwise
          required by mandatory provisions of the Act:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#160;(i)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-style: italic;">First</font>, to the payment of all of the Company&#8217;s debts and liabilities to its creditors (including the Members, if applicable) and the expenses of liquidation (including sales
          commissions incident to any sales of assets of the Company);</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#160;(ii)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-style: italic;">Second</font>, to the establishment of and additions to reserves that are determined by the Board to be reasonably necessary for any contingent unforeseen liabilities or obligations of
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt; margin-left: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#160;(iii)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-style: italic;">Third</font>, to the holders of the Class A Units.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">10</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">14.5</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Certificate of Cancellation</u></font>. Upon completion of the winding up of the Company, including the distribution of the assets of the Company as provided in <u><font style="font-family: 'Times New Roman';">Section 14.4(a)</font></u>,
          each Member shall execute and cause to be filed a Certificate of Cancellation in the State of Delaware and shall cause the cancellation of all qualifications and registrations of the Company as a foreign limited liability company in jurisdictions
          other than the State of Delaware and shall take such other actions as may be necessary to terminate the Company. Upon acceptance of the Certificate of Cancellation by the Delaware Secretary of State, the Company shall be terminated.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold;"><u>Miscellaneous</u></font>.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.1</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><u>Notices</u>. All notices, demands
          or requests required or permitted under this Agreement must be in writing, and shall be made by hand delivery, certified mail, overnight courier service, electronic mail or facsimile to the address or electronic mail address, (a) with respect to
          a Member, set forth opposite such Member&#8217;s name in <u>Section 8.1</u> or, (b) with respect to the Company, 27 Waterview Drive, Shelton, CT 06484, Attention: Russel Williams, but any party may designate a different address or electronic mail
          address by a notice similarly given to the Company and the other Members. Any such notice or communication shall be deemed given (a) when delivered by hand, if delivered on a Business Day, or the next Business Day after delivery by hand if
          delivered by hand on a day that is not a Business Day; (b) four (4) Business Days after being deposited in the United States mail, postage prepaid, return receipt requested, if mailed; (c) on the next Business Day after being deposited for next
          day delivery with Federal Express or a similar overnight courier; (d) when delivery is made, if sent by electronic mail on a Business Day; and the next Business Day following the day on which delivery is made, if sent by electronic mail on a day
          that is not a Business Day.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.2</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Amendments</u></font>. Amendments to this Agreement may be made only with the prior written consent of each Member, provided, however, that any change to the tax treatment provided in <u><font style="font-family: 'Times New Roman';">Section 9.2</font></u> hereof shall also require the approval in writing of the Board.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.3</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Governing Law</u></font>. This Agreement shall be governed by the laws of the State of Delaware.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.4</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><u>Confidentiality</u>.
          Notwithstanding anything in this Agreement to the contrary, each Member agrees that, except with the prior written consent of the Board, it shall at all times keep confidential and not divulge, furnish or make accessible to any person any
          confidential information, knowledge or data concerning or relating to the business or financial affairs of any other Member, the Company or any direct or indirect Subsidiary of the Company to which such Member has been or shall become privy by
          reason of this Agreement, discussions or negotiations relating to this Agreement or the relationship of the Members contemplated hereby; provided, however, that each Member may disclose confidential information to another Member, such Member&#8217;s
          managers, partners, officers, employees, advisors, financing sources, accountants, attorneys, other advisors or representatives to the extent the disclosure to such Persons of such information is necessary for such Member&#8217;s ownership, management
          or monitoring of its Interest or its investment in the Company and the Company&#8217;s assets; provided, further, that (a) such Member&#8217;s managers, partners, officers, employees, advisors, financing sources, accountants, attorneys, other advisors or
          representatives of such Member will be informed by such Member of the confidential nature of such information and shall be directed by such Member to keep such information confidential in accordance with this <u>Section 15.4</u> and (b) each
          Member will be liable for any failure of any such Person to comply with this <u>Section 15.4</u>.&#160; The confidentiality obligations of this <u>Section 15.4</u> do not apply to any information, knowledge or data (i) which is publicly available or
          becomes publicly available through no act or omission of the party wishing to disclose the information, knowledge or data; or (ii) to the extent that it is required to be disclosed by any applicable law, regulation or legal process or by the
          rules of any stock exchange, regulatory body or Governmental Authority. The provisions of this S<u>ection 15.4</u> shall survive termination of this Agreement.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">11</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.5</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Severability</u></font>. In the event that any provision of this Agreement shall be declared to be invalid, illegal, or unenforceable, such provision shall survive to the extent it is not so declared, and the validity, legality, and
          enforceability of the other provisions hereof shall not in any way be affected or impaired thereby, unless such action would substantially impair the benefits to any party of the remaining provisions of this Agreement.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.6</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><u>Specific Performance</u>. Each
          Member agrees that the Company and the other Member(s) would be irreparably damaged if any of the provisions of this Agreement are not performed in accordance with their specific terms and that monetary damages may not provide an adequate remedy
          in such event. Accordingly, it is agreed that, in addition to any other remedy to which the Company and the non-breaching Member(s) may be entitled, at law or in equity, the Company and the nonbreaching Member(s) are entitled to injunctive relief
          to prevent breaches of the provisions of this Agreement and to specifically enforce the terms and provisions hereof in any action instituted in any court of the United States or any state thereof having subject matter jurisdiction thereof.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.7</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><u>Waiver of Trial by Jury</u>. TO
          THE EXTENT PERMITTED BY APPLICABLE LAW, EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT OF TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTER-CLAIM, ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR ANY MATTER ARISING HEREUNDER.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.8</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Consent to Jurisdiction. </u></font>This Agreement, and all claims, proceedings or causes of action (whether in contract, tort, statute or otherwise) that may be based upon, arise out of or relate to this Agreement, or the
          negotiation, execution or performance or this Agreement, shall be governed by, construed and enforced exclusively in accordance with the internal laws of the State of Delaware, without giving effect to any laws, rules or provisions that would
          cause the application of the laws of any jurisdiction other than the State of Delaware. Each party hereby irrevocably and unconditionally (a) consents and submits to the exclusive jurisdiction of the Court of Chancery of the State of Delaware
          sitting in the City of Wilmington, Delaware (or solely in the event the Court of Chancery of the State of Delaware decline to exercise such jurisdiction, the exclusive jurisdiction of any federal or state court sitting in the City of Wilmington,
          Delaware) (collectively, the &#8220;<font style="font-family: 'Times New Roman';"><u>Courts</u></font>&#8221;), for any lawsuits, actions, claims or other proceedings that may be based upon, arise out of or relate to this Agreement, or the negotiation,
          execution or performance or this Agreement and (b) waive any objection you may now or may hereafter have to laying of venue in the Courts, including, without limitation, based on improper venue or forum non conveniens. Each party agrees not to
          commence any such lawsuit, action, claim or other proceeding except in the Courts<font style="font-family: 'Times New Roman';">. The Members further agree, to the fullest extent permitted by law, that a final and nonappealable judgment against
            any of them in any action contemplated above shall be conclusive and may be enforced in any other jurisdiction within or outside the United States by suit on the judgment, a certified copy of which shall be conclusive evidence of the fact and
            amount of such judgment, a certified or exemplified copy of which shall be conclusive evidence of the fact and amount of such judgment.</font></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.9</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>No Third-Party Beneficiaries</u></font>. Nothing in this Agreement, either express or implied, is intended to or shall confer upon any person other than the parties hereto, and their respective successors and permitted assigns, any
          rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">15.10</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman';"><u>Pension Plans</u>. PBIHI represents, warrants, and covenants that (i) neither the Company nor any of its subsidiaries have ever sponsored</font>, maintained, contributed (or failed to make any contribution that it was required to
          make) to&#160; (A)<font style="font-family: 'Times New Roman';"> a &#8220;defined benefit plan&#8221; as defined in Section 3(35) of Employee Retirement Income Security Act of 1974, as amended&#160; (&#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">ERISA</font></u><font style="font-family: 'Times New Roman';">&#8221;) or any benefit plan that is or was subject to Title IV of ERISA, Sections 412 or 430 of the Code, or Section 302 of ERISA (any such plan, a &#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">Pension Plan</font></u><font style="font-family: 'Times New Roman';">&#8221;) or (B) a &#8220;multiemployer plan,&#8221; as defined in Section 3(37) of ERISA, (ii) neither the Company nor any of its
            subsidiaries are subject to, and no facts exist that would be reasonably likely to subject the Company or any of its subsidiaries to, any lien pursuant to Section 430(k) of the Code or pursuant to Section 4068 of ERISA, and (iii) no Pension
            Plan sponsored by any ERISA Affiliate (defined below) is, or is expected, in &#8220;at risk&#8221; status (as defined in Section 430 of the Code or Section 303 of ERISA), where &#8220;</font><u><font style="font-family: 'Times New Roman'; font-weight: bold;">ERISA
              Affiliate</font></u><font style="font-family: 'Times New Roman';">&#8221; means, any trade or business (whether or not incorporated) which is a member of a group of which PBIHI is a member and which would be deemed to be a &#8220;controlled group&#8221; or
            under &#8220;common control&#8221; within the meaning of Sections 414(b), (c), (m) or (o) of the Code or Sections 4001(a)(14) or 4001(b)(1) of ERISA.</font></font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">13</font></div>
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    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">IN WITNESS WHEREOF</font><font style="font-size: 10pt;">, the
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            <div style="text-align: left; font-family: 'Times New Roman';">PITNEY BOWES INTERNATIONAL HOLDINGS, INC.</div>
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          <td style="width: 15%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
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          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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            <div style="text-align: left; font-family: 'Times New Roman';">Name: John Witek</div>
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          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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            <div style="text-align: left; font-family: 'Times New Roman';">Title: President</div>
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    <div><br>
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          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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            <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">HILCO:</div>
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        </tr>
        <tr>
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          <td style="vertical-align: top; font-size: 10pt;" colspan="3" rowspan="1">&#160;</td>
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        <tr>
          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
          <td style="vertical-align: top; font-size: 10pt;" colspan="3">
            <div style="text-align: left; font-family: 'Times New Roman';">HCI DRF, LLC</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
          <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;<br>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">
            <div style="text-align: left; font-family: 'Times New Roman';">By:</div>
          </td>
          <td style="width: 33%; vertical-align: top; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&#160;/s/ Eric Kaup</div>
          </td>
          <td style="width: 15%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
          <td style="vertical-align: top; font-size: 10pt;" colspan="3">
            <div style="text-align: left; font-family: 'Times New Roman';">Name: Eric Kaup</div>
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            <div style="text-align: left; font-family: 'Times New Roman';">Title: Secretary</div>
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<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ef20033689_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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      <div style="text-align: justify; font-weight: bold;"><a name="bookmark0"></a><a name="z_Hlk173857147"></a></div>
      <div style="text-align: right; font-weight: bold;"> Exhibit 10.2<br>
      </div>
      <div style="text-align: justify; font-weight: bold;"> <br>
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      <div style="text-align: justify; font-weight: bold;"> <br>
      </div>
      <div style="text-align: justify; font-weight: bold;">THIS RESTRUCTURING SUPPORT AGREEMENT IS NOT AN OFFER WITH RESPECT TO ANY SECURITIES OR A SOLICITATION OF ACCEPTANCES OF A CHAPTER 11 PLAN WITHIN THE MEANING OF SECTIONS 1125 AND 1126 OF THE
        BANKRUPTCY CODE. ANY SUCH OFFER OR SOLICITATION WILL COMPLY WITH ALL APPLICABLE SECURITIES LAWS AND/OR PROVISIONS OF THE BANKRUPTCY CODE.</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">RESTRUCTURING SUPPORT AGREEMENT</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt; font-size: 12pt;">
        <div style="text-align: justify; text-indent: 73pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">This Restructuring Support Agreement (this &#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">Agreement</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;)</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">is made as of August 8, 2024, by and among (i) DRF
            Logistics, LLC (&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">DRFL</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;)
            and DRF, LLC (&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">DRFLLC</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;)
            (collectively, the &#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">Debt</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">ors</font><font style="font-size: 10pt;">&#8221; and each a &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">Debtor</font>&#8221;), (ii) Pitney Bowes, Inc. (&#8220;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">PBI</font>&#8221;)<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> and Pitney Bowes International Holdings, Inc. (&#8220;</font><font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">PBIH</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;), and (iii) the undersigned holders of Oaktree Secured Claims (as defined below) (collectively, &#8220;</font><font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">Oaktree</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221; and together with PBI and PBIH, the &#8220;</font><font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">Consenting Parties</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;).&#160; DRFL, DRFLLC, PBI, PBIH and Oaktree are
              collectively referred to herein as the &#8220;</font><font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">Parties</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">&#160;</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">and each individually as a &#8220;</font><font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">Party</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">.&#8221;</font></font></div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;"><a name="bookmark2"></a><u>RECITALS</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">A.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Prior to August 8, 2024, PBI was the indirect corporate parent of the Debtors, and PBI and certain of its
          Affiliates from time to time supported the Debtors&#8217; businesses by, among other things, (i) advancing funding to the Debtors and (ii) providing cash management services, sharing corporate services, sharing employee costs, and making available and
          sharing property useful for and supportive to the Debtors&#8217; businesses (the services in the foregoing clause (ii), collectively, the &#8220;<font style="font-weight: bold; font-style: italic;">Shared Services</font>&#8221;).</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">B.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">As a result of a number of factors, including the Debtors&#8217; historic inability to generate sufficient cash
          flow to sustain their respective business operations, Pitney Bowes has funded over $1.1 billion to the Debtors since 2015 to support the Debtors&#8217; business operations and enable the Debtors to service their customers and pay their employees and
          creditors.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">C.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Prior to the date hereof, Pitney Bowes worked with its professional advisors to conduct a robust and
          comprehensive marketing process for the potential sale of the Debtors&#8217; global ecommerce business as a going concern to one or more third parties.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">D.</font>&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">Such marketing process did not result in any viable bids or any actionable transactions for the entirety of
          the Debtors&#8217; business enterprise and as a result, on June 27, 2024, PBIH, as sole stockholder of DRFL, removed the directors of DRFL from the board of directors of DRFL (the &#8220;<font style="font-weight: bold; font-style: italic;">DRFL Board</font>&#8221;)



          and appointed two independent directors to the DRFL Board.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">E.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Upon its reconstitution, the DRFL Board (i) explored and evaluated potential alternatives for the Debtors,
          including</font> the orderly wind-down of the Debtors&#8217; businesses outside of court or through the commencement of voluntary cases under chapter 11 of title 11 of the United States Code (the &#8220;<font style="font-weight: bold; font-style: italic;">Ban</font><font style="font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">kruptcy Code</font><font style="color: rgb(0, 0, 0);">&#8221;) and (ii) conducted an investigation (the &#8220;</font><font style="font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">Investigation</font><font style="color: rgb(0, 0, 0);">&#8221;) into any and all potential Claims and causes of action held by DRFL or DRFLLC (or that would be held by their respective Estates (as defined below)) against Pitney</font></div>
      <div>&#160;</div>
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      <div style="text-align: justify; color: rgb(0, 0, 0);">Bowes (the &#8220;<font style="font-weight: bold; font-style: italic;">Potential Claims</font>&#8221;) and whether to prosecute, settle, release, discharge, or enter into any other agreement relating to the
        Potential Claims.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72.7pt;"><font style="color: rgb(0, 0, 0);">F.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">Pitney Bowes fully cooperated with the Debtors&#8217; independent managers and professional advisors in
          connection with the Investigation, including by timely providing thousands of pages of requested documents and over 11 witness interviews.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72.7pt;"><font style="color: rgb(0, 0, 0);">G.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">On August 8, 2024, pursuant to that certain <font style="font-style: italic;">Amended and Restated Limited
            Liability Company Agreement of DRF Logistics, LLC</font>, HCI DRF, LLC (&#8220;<font style="font-weight: bold; font-style: italic;">Hilco</font>&#8221;) subscribed for, and PBIH issued to Hilco, 81% of the voting interests in DRFL, and following such
          subscription by Hilco, PBIH holds 100% of the economic interests and 19% of the voting interests in DRFL (the transactions described in this recital, the &#8220;<font style="font-weight: bold; font-style: italic;">Hilco Subscription</font>&#8221;).</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">H.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Following the Hilco Subscription, the Debtors will continue to require access to certain Shared Services and
          funding to continue operating and ultimately wind-down in an orderly manner for the benefit of their stakeholders.&#160; At the request of the Debtors, PBIH is willing to provide such funding in the </font>form of a senior secured, superpriority
        debtor&#8209;in&#8209;possession financing.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">I.</font>&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160; On August 8, 2024, PBI and certain of its Affiliates, on one hand, and the Debtors, on the other hand, following good-faith and arm&#8217;s-length
        negotiations with each other, agreed to a settlement of all the Debtors&#8217; claims and causes of action against Pitney Bowes, and to provide for other consideration, releases, and covenants <font style="color: rgb(0, 0, 0);">subject to and in
          accordance with the terms and conditions of the Settlement and Release Agreement and the Plan (each as defined below).</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">J.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; On August 8, 2024, the DRFL Board authorized DRFL and DRFL authorized DRFLLC, to commence the voluntary cases under the Bankruptcy Code (the &#8220;<font style="font-weight: bold; font-style: italic;">Chapter 11 Cases</font>&#8221;) in the United States Bankruptcy Court for the Southern District of Texas (the &#8220;<font style="font-weight: bold; font-style: italic;">Bankruptcy Court</font>&#8221;)<font style="font-weight: bold;">&#160;</font>to effectuate an orderly wind-down and liquidation of DRFL and DRFLLC, which will be implemented<a name="z_cp_change_14"></a>, subject to the conditions set forth herein<a name="z_cp_change_16"></a>, through the
        proposed <a name="z_cp_change_17"></a>chapter 11 plan of liquidation for the Debtors attached to this Agreement as <font style="font-weight: bold;"><u>Exhibit A</u>&#160;</font>(including any schedules and exhibits attached thereto, and as may be
        amended, supplemented, or otherwise modified from time to time, so long as such plan is an Approved Plan (as defined below), the &#8220;<font style="font-weight: bold; font-style: italic;">Plan</font>&#8221;).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">K.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; In light of the foregoing, the <font style="font-size: 10pt; font-family: 'Times New Roman';">Debtors, PBI, PBIH, and with
          respect to subsection (iv) below, Oaktree, following arm&#8217;s-length, good-faith negotiations, believe it is desirable and have mutually agreed to:</font>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 108pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;settle all outstanding disputes with respect to the Potential Claims to avoid the substantial expense, burden, and risk of protracted
          litigation and to fully and finally resolve any and all Potential Claims against Pitney Bowes that may or could be asserted by the Debtors and their Estates;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; enter into certain arrangements that provide for certain of the Parties&#8217; use of, access to,
          and/or purchase of the Shared Services, in each case, in exchange for the fair market value of such Shared Services;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iii)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">provide DRFL and DRFLLC with access to funding in the form of debtor&#8209;in&#8209;possession financing (as further described herein) to enable DRFL and DRFLLC to operate through a winddown; and</font></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iv)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">support, consent to, and consummate (as applicable) the liquidation of DRFL and DRFLLC through the Chapter 11 Cases, which shall be effectuated through the Plan.</font></font></div>
        <div>&#160;</div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt; color: rgb(0, 0, 0); font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">NOW, THEREFORE</font><font style="font-size: 10pt;">, in consideration of the premises and the mutual
          covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, agree as follows:</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36.7pt;"><font style="color: rgb(0, 0, 0);">1.</font>&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Certain Definitions</u>.</font></font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 73pt; color: rgb(0, 0, 0);">As used in this Agreement, the following terms have the following meanings:</div>
      <div>&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 72pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;Affiliate&#8221; means with respect to any specified Entity: (a) an &#8220;affiliate&#8221; as defined in section 101(2) of the Bankruptcy Code, of such
        specified Entity as if such specified Entity were a debtor in a case under the Bankruptcy Code; or (b) any other Entity that, directly or indirectly through one or more intermediaries or otherwise, controls, is controlled by or is under common
        control with the specified Entity. As used in clause (b) of the prior sentence, &#8220;control&#8221; includes (without limitation) the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of the
        specified Entity (whether through the ownership of equity, by contract or otherwise).&#160; For the avoidance of doubt, no Debtor shall be considered an Affiliate of Pitney Bowes.
        <div>&#160;</div>
      </div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">2</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">Alternative Transaction</font>&#8221; means any reorganization, liquidation, merger, amalgamation,
        acquisition, consolidation, dissolution, debt investment, equity investment, liquidation, tender offer, exchange offer, business combination, joint venture, partnership, sale or disposition of a material portion of assets, financing (debt or
        equity), plan proposal, recapitalization, restructuring, new-money investment, plan of reorganization, or similar transaction of the Debtors, other than the transactions expressly contemplated by this Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Approved Plan</font>&#8221; means the Plan attached as <font style="font-size: 12pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Exhibit A</u></font> hereto or such other Plan agreed to by the Debtors, PBI, and the DIP Lender;<font style="font-size: 12pt; font-family: 'Times New Roman'; font-style: italic;">&#160;provided </font>that
        the Approved Plan shall include a release and waiver of any and all Claims or causes of action that the Debtors or the Estates may or could assert against Oaktree at any time prior to the Effective Date and shall not include any adverse treatment
        of Oaktree&#8217;s rights under this Agreement; <font style="font-size: 12pt; font-family: 'Times New Roman'; font-style: italic;">provided</font>, <font style="font-size: 12pt; font-family: 'Times New Roman'; font-style: italic;">further</font> that,
        for the avoidance of doubt, an Approved Plan shall in no way, directly or indirectly, affect (i)&#160;Oaktree&#8217;s Claim, rights, remedies or interests under the Note Purchase Agreement or the Note Purchase Documents, (ii)&#160;the legality, validity, binding
        nature and non-avoidability of Pitney Bowes&#8217; or any guarantors&#8217; obligations under the Note Purchase Agreement or the Note Purchase Documents, or (iii)&#160;the validity, enforceability or perfection of the security interests securing the obligations
        under the Note Purchase Agreement or the Note Purchase Document.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><a name="z_Ref142935115"></a><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Claim</font>&#8221; means a &#8220;claim&#8221; (as that term is defined in
        section 101(5) of the Bankruptcy Code).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(e)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Confirmation Order</font>&#8221; means the order of the Bankruptcy Court confirming the Plan,
        which shall be in form and substance reasonably acceptable to PBI and the DIP Lender.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(f)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">Creditors&#8217; Committee</font>&#8221; means any official committee of unsecured creditors of the
        Debtors that may be appointed in the Chapter 11 Cases by the U.S. Trustee pursuant to section 1102 of the Bankruptcy Code, the membership of which may be further reconstituted from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(g)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">Definitive Documents</font>&#8221;<font style="font-weight: bold;">&#160;</font>means, collectively:
        <a name="DocXTextRef536"></a> (i) the Plan; <a name="DocXTextRef552"></a>(ii) the Plan Supplement; (iii) the Confirmation Order; <a name="DocXTextRef16"></a>(iv) the Disclosure Statement (v) the DIP Note Documents (as defined in the DIP Note),
        including the DIP Orders; (vi) the Shared Services Agreement; (vii) the Settlement &amp; Release Agreement; and (viii) any order entered by the Bankruptcy Court approving the sale of any material assets of either of the Debtors.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(h)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">DIP Lender</font>&#8221; means PBIH in its capacity as lender under the DIP Note.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">DIP Loans</font>&#8221; means the loans under the DIP Note.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(j)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">DIP Note</font>&#8221; means that certain <font style="font-size: 12pt; font-family: 'Times New Roman'; font-style: italic;">Debtor in Possession Secured Multi-Draw Term Promissory Note</font><a name="z_cp_change_26"></a>,<font style="font-size: 12pt; font-family: 'Times New Roman'; font-style: italic;">&#160;</font>entered into as of August 8,
        2024, by and among DRFL, as borrower,&#160; DRFLLC as guarantor, and the DIP Lender, as approved by the DIP Orders, as amended, restated, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, a copy of
        which is attached as <font style="font-size: 12pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Exhibit B</u>&#160;</font>to the Settlement and Release Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(k)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">DIP Orders</font>&#8221; means, the Interim DIP Order and the Final DIP Order.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(l)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Disclosure Statement</font>&#8221; means the disclosure statement in respect of the Plan,
        including all exhibits and <a name="DocXTextRef20"></a>schedules thereto, as may be amended, supplemented, or otherwise modified from time to time, which shall be in form and substance reasonably acceptably to PBI and the DIP Lender.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(m)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Effective Date</font>&#8221; means the date upon which all conditions to the effectiveness of
        the Plan have been satisfied or waived in accordance with the terms thereof and the Plan becomes effective.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(n)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Entity</font>&#8221; has the meaning set forth in section <a name="z_Hlk173941806"></a>101(15)




        of the Bankruptcy Code.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">3</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(o)</font>&#160;&#160;&#160;&#160; &#160; &#160; &#8220;<font style="font-weight: bold; font-style: italic;">Estate</font>&#8221; means, as to each Debtor, the estate created for the Debtor in its Chapter
        11 Case pursuant to section 541 of the Bankruptcy Code.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(p)</font>&#160;&#160;&#160;&#160; &#160; &#160; &#8220;<font style="font-weight: bold; font-style: italic;">Final DIP Order</font>&#8221; means the order entered by the Bankruptcy Court approving, among
        other things, the DIP Loans and the parties&#8217; rights with respect thereto on a final basis, which shall be in form and substance acceptable to the DIP Lender and reasonably acceptable Oaktree (subject to Section 3 of this Agreement).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(q)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Interest</font>&#8221; means any equity interest (as defined in section 101(16) of the
        Bankruptcy Code) in a <a name="z_9kMJ9O6ZWu4AB8GMT9eu87"></a>Debtor, including all shares, units, common stock, preferred stock, membership interests, partnership interests, or other instruments evidencing any fixed or contingent ownership
        interest in any <a name="z_9kMJAP6ZWu4AB8GMT9eu87"></a>Debtor, whether or not transferable, and whether fully vested or vesting in the future, including any option, warrant, or other right, contractual or otherwise, to acquire any such interest in
        a <a name="z_9kMK2G6ZWu4AB8GMT9eu87"></a>Debtor, that existed immediately before the Effective Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(r)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Interim DIP Order</font>&#8221; means the order entered by the Bankruptcy Court approving,
        among other things, the DIP Loans and the parties&#8217; rights with respect thereto on an interim basis, which shall be in form and substance acceptable to the DIP Lender and reasonably acceptable Oaktree (subject to Section 3 of this Agreement).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">
        <div style="font-family: 'Times New Roman'; font-size: 10pt; text-align: justify;">(s)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Note Purchase Agreement</font>&#8221; means that certain Note Purchase Agreement, dated as of July 31,
          2023, by and among PBI, the noteholder representative thereunder, the subsidiary guarantors and the noteholders from time to time (as may be amended, supplemented or otherwise modified from time to time).</div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 72pt;">(t)&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">Note Purchase Documents</font>&#8221; means, collectively, all agreements, documents,
        guaranties, and instruments, including the Note Documents (as defined in the Note Purchase Agreement) entered into in connection with the Note Purchase Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(u)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">Oaktree
            Secured Claims</font>&#8221;</font> means the secured Claim held by Oaktree against the Debtors, including any Claim arising from the Secured Senior Takeback Note; <font style="font-size: 12pt; font-family: 'Times New Roman'; font-style: italic;">provided</font>
        that for the avoidance of doubt, the Oaktree Secured Claims do not include any Claim or obligation related to the Note Purchase Agreement or the Note Purchase Documents against PBI, PBIH, their Affiliates or any other non-Debtor.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(v)</font>&#160;&#160;&#160; &#160; &#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">Person</font>&#8221; means an individual, corporation, partnership, joint venture, association,
        joint stock company, limited liability company, limited liability partnership, trust, estate, unincorporated organization, governmental unit (as defined in section 101(27) of the Bankruptcy Code), or other Entity.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(w)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">Pitney Bowes</font>&#8221; means PBI together with its Affiliates.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(x)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">Plan Supplement</font>&#8221; means the compilation of documents and forms of documents,
        schedules, and exhibits to the Plan that will be filed by the Debtors with the Bankruptcy Court, which shall be in form and substance reasonably acceptable to PBI and the DIP Lender except as otherwise provided in this Agreement or the Plan.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(y)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold; font-style: italic;">RSA Effective Date</font>&#8221; means the date on which the Parties execute this Agreement.</div>
      <div style="text-align: justify; text-indent: 72pt;"> <br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt;">(z)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">&#8220;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">RSA Effective
              Period</font>&#8221; means, with respect to a Party, the period from the RSA Effective Period to the Termination Date.</font></font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt;"><font style="font-family: 'Times New Roman';"> <br>
          </font></font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt;">(aa)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';">&#8220;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">Secured Senior
              Takeback Note</font>&#8221; means that certain <font style="font-family: 'Times New Roman'; font-style: italic;">Secured Senior Takeback Note</font>, dated as of August 8, 2024, issued by the Debtors to Oaktree</font></font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(bb)</font>&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#8220;<font style="font-weight: bold; font-style: italic;">Settlement and Release Agreement</font>&#8221; means that certain <font style="font-style: italic;">Settlement and Release Agreement</font>, dated as of August 8, 2024, by and between the Debtors, PBI, and PBIH, including all exhibits and schedules thereto, as may be amended, supplemented, or otherwise modified from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(cc)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-weight: bold; font-style: italic;">&#8220;Shared Services Agreement</font>&#8221; means that certain <font style="font-style: italic;">Shared





          Services Agreement</font>, dated as of August 8, 2024, by and between the Debtors and PBIH, including all exhibits and schedules thereto, as may be amended, supplemented, or otherwise modified from time to time, a copy of which is attached as <font style="font-weight: bold;"><u>Exhibit C </u></font>to the Settlement and Release Agreement.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">4</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(dd)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;<font style="font-weight: bold; font-style: italic;">Solicitation</font>&#8221; means the solicitation of votes on the Plan as approved by the
        Bankruptcy Court.</div>
      <div style="text-align: justify; text-indent: 72pt;"> <br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt;">(ee)&#160;&#160;&#160; &#160; &#160; <font style="font-family: 'Times New Roman';">&#8220;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">Termination Date</font>&#8221;
            has the meaning set forth in Section 7(g).</font></font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 37pt;"><font style="color: rgb(0, 0, 0);">2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Agreements of PBI and PBIH</u>.</font></font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Voting; Support.&#160; <font style="font-weight: normal; font-style: normal;">During



            </font></font>the RSA Effective Period, PBI and PBIH each agree that it shall (and shall cause its Affiliates to):</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z141b1879eac44d7089b362b2c52befda">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0); font-size: 10pt;">
                <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman';">timely vote (or cause to be voted) all of its Claims and Interests that are entitled to vote to accept or reject the Plan to accept the Plan by timely
                  delivering (or causing to be delivered) its duly executed and completed ballot or ballots, as applicable, following the commencement of the Solicitation and not change or withdraw (or cause to be changed or withdrawn) any such vote; <font style="font-family: 'Times New Roman'; font-style: italic;">provided</font> that nothing in this Agreement shall prevent PBI, PBIH, or their Affiliates from changing or withdrawing (or causing to be changed or withdrawn) its vote with
                  respect to the Plan if this Agreement has been terminated with respect to such Entity;</div>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="za40fe610cbaf4373bced3666e4b46d54">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top;"><a name="z_Hlk148025281"></a><font style="color: rgb(0, 0, 0);">(ii)</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">to the extent it is permitted to elect whether to grant or opt-out of the third&#8209;party releases set forth in the Plan, grant and not opt-out of (or cause to be granted or not opted-out of) such releases and
                not change or withdraw (or cause to be changed or withdrawn) such election;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z094a695f7279413abe6ffa6781a4c3d0">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">if solicited, timely vote (or cause to be voted) its Claims and Interests against any Alternative Transaction;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="zdaec62733ffe4b94959f77f236d85bed">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iv)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">not directly or indirectly, through any Person, (A) seek, solicit, propose, support, assist, participate, encourage, or engage in negotiations in connection with or participate in the formulation,
                preparation, filing or prosecution of any Alternative Transaction, or (B) object to or take any other action that is inconsistent with or that would reasonably be expected to prevent, interfere with, delay or impede the Solicitation,
                approval of and entry of orders regarding the Definitive Documents, or the confirmation and consummation of the Plan;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z549b3d67c4c8461ba1ee576c8c4cdeec">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(v)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0); font-size: 10pt;">
                <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman';">to the extent not already executed on the RSA Effective Date, negotiate in good faith with the Debtors and Oaktree the form of the Definitive Documents
                  and (as applicable) execute the Definitive Documents;</div>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="zd13304d2fb13419d8e878c3ead19ad80">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vi)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">support, not object to, and take all actions reasonably requested by the Debtors to facilitate the Solicitation, approval of and entry of orders regarding the Definitive Documents, and confirmation and
                consummation of the Plan, in each case, as reasonably requested by the Debtors and as contemplated by this Agreement (as applicable);</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">5</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z99c7d1ad105d4899afe29e4a067dc677">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">to the extent any legal or structural impediment arises that would prevent, hinder, or delay the consummation of the Plan, negotiate in good faith appropriate additional or alternative provisions to address
                any such impediment; <font style="font-style: italic;">provided</font> that such additional or alternative provisions or agreements do not in any way adversely affect any releases proposed to be granted to, or received by, PBI, PBIH, or
                any of their Affiliates pursuant to this Agreement and the Plan;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z65d600afaa8e4e3bba479721bb1431e8">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(viii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">use commercially reasonable efforts to obtain any regulatory and/or third&#8209;party approvals necessary to effectuate the Plan; and</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z888ea27a690846f39ab0b50325e2c794">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(ix)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">refrain from taking any action inconsistent with this Agreement or its obligations hereunder.</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 108pt; color: rgb(0, 0, 0);">
        <div style="text-indent: 73pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);"><font style="font-family: 'Times New Roman'; font-weight: bold;">DIP Financing</font>.&#160; Upon entry of the DIP Orders, PBIH agrees to provide the DIP Note subject to and in accordance with the terms and conditions of the DIP Note Documents and DIP
              Orders.</font></font></div>
        <div>&#160;</div>
        <div>
          <div style="text-indent: 73pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(c)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman';"><font style="font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Shared Services</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">. </font></font></font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">On the RSA Effective Date, PBI, PBIH, and, as applicable, their Affiliates agree to execute, deliver, and, from and after such date, perform its obligations under the Shared Services Agreement subject to and in accordance with
              the terms and conditions of such agreement</font><font style="font-size: 10pt; font-family: 'Times New Roman';">.</font></div>
          <div>&#160;</div>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Tax Classification of the Debtors</font>.</font> PBI agrees that it
        shall, and shall cause its Affiliates to, not take any action that would (or refrain from taking any action the failure of which would) cause or be reasonably likely to cause the Debtors to cease to be treated as entities disregarded as separate
        from PBIH for U.S. federal, state and local income tax purposes including, but not limited to, (i)&#160;making, changing, or revoking an entity classification election for the Debtors that would cause them to be treated as an association taxable as a
        corporation for U.S. federal income tax purposes pursuant to Treasury Regulations sections 301.7701-2(b) and 301.7701-3(c) (or similar applicable state or local law); (ii) converting the Debtors to an entity treated as an association taxable as a
        corporation for U.S. federal, state and local income tax purposes; or (iii)&#160;engaging in any other transaction that, if implemented, would prevent, alter, or in any way adversely impact the Debtors&#8217; classification as entities that are disregarded as
        separate from PBIH for U.S. federal, state and local income tax purposes.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36.7pt;"><font style="color: rgb(0, 0, 0);">3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0); font-weight: bold;"><u>Agreements of Oaktree</u></font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Voting; Support. <font style="font-style: normal; font-weight: normal;">During



              the RSA Effective Period,</font> </font>Oaktree agrees that it shall (and shall cause its Affiliates to):</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="ze72072ec0cb0463094a06b5fd52a3223">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0); font-size: 10pt;">
                <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman';">timely vote or cause to be voted all of its Claims and Interests that are entitled to vote to accept or reject the Plan to accept the Plan by timely
                  delivering or causing to be delivered its duly executed and completed ballot or ballots, as applicable, following the commencement of the Solicitation and not change or withdraw (or cause to be changed or withdrawn) any such vote; <font style="font-family: 'Times New Roman'; font-style: italic;">provided</font> that nothing in this Agreement shall prevent Oaktree from changing or withdrawing (or causing to be changed or withdrawn) its vote with respect to the Plan if
                  this Agreement has been terminated with respect to Oaktree;</div>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z2a9f673b40c94efb9ab8cee64252d7a0">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(ii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">if solicited, timely vote (or cause to be voted) its Claims and Interests against any Alternative Transaction;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">6</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z40fbe1edb1f84f49905cf527dff84870">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">not directly or indirectly, through any Person, (A) seek, solicit, propose, support, assist, participate, encourage, or engage in negotiations in connection with or participate in the formulation,
                preparation, filing or prosecution of any Alternative Transaction or (B) object to or take any other action that is inconsistent with or that would reasonably be expected to prevent, interfere with, delay or impede the Solicitation,
                approval of and entry of orders regarding the Definitive Documents, or the confirmation and consummation of the Plan;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z1a356191580b43cb95fa51822c31ceb6">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iv)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0); font-size: 10pt;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">to the extent not already executed on the RSA Effective Date, negotiate in good faith with the Debtors, PBI, and PBIH (as applicable) the form of the
                  Definitive Documents and (as applicable) execute the Definitive Documents;</div>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z1a8d33d51d8d46e89c535425a96867aa">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(v)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">agree to the consensual use of the Debtors&#8217; cash collateral in accordance with the DIP Orders;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z38b64462926247f086ad424c925c5612">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vi)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">support and not object to, the approval of the DIP Orders including on grounds that (i) the liens securing the DIP Claims (as defined in the Plan) prime the Oaktree Secured Claims and/or (ii) the Debtors do
                not provide adequate protection on account of the Oaktree Secured Claims;</div>
            </td>
          </tr>

      </table>
      <div>&#160;<br>
        <div>
          <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vii)</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="color: rgb(0, 0, 0); font-size: 10pt;">
                    <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman';">agree to not seek adequate protection on account of the Oaktree Secured Claims;</div>
                  </div>
                </td>
              </tr>

          </table>
        </div>
        <br>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="zdaef55a9ecdd4bb1a92ea992f3f3af61">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(viii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">support, not object to, and take all actions reasonably requested by the Debtors to facilitate the Solicitation, approval of and entry of orders regarding the Definitive Documents, and confirmation and
                consummation of the Plan, in each case, as contemplated by this Agreement (as applicable);</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z9f6e0e5f36044e63ae5891dbda18a30d">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(ix)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0); font-size: 10pt;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">to the extent any legal or structural impediment arises that would prevent, hinder, or delay the consummation of the Plan, negotiate in good faith
                  appropriate additional or alternative provisions to address any such impediment; <font style="font-family: 'Times New Roman'; font-style: italic;">provided</font> that such additional or alternative provisions or agreements do not in any
                  way adversely affect any releases proposed to be granted to, or received by, Oaktree, or any of their Affiliates pursuant to this Agreement and the Plan; and</div>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z12606dc632e046e4933c3c312a0baf04">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(x)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">refrain from taking any action inconsistent with this Agreement or its obligations hereunder.</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Non-Assignment of Oaktree Secured Claims. <font style="font-weight: normal;">During the RSA Effective Period,</font>&#160; </font>Oaktree<font style="font-weight: bold;">&#160;</font>agrees that, it shall not sell, assign, loan, issue, pledge, hypothecate, transfer, participate, or otherwise dispose of (&#8220;<font style="font-weight: bold; font-style: italic;">Transfer</font>&#8221;), directly or indirectly, in whole or in part, to any unaffiliated party, any Oaktree Secured Claims or any option thereon or any right or interest therein (including any
          beneficial ownership as defined in Rule 13d-3 under the Exchange Act or by granting any proxies, depositing any Oaktree Secured Claims into a voting trust or entering into a voting agreement with respect to such Oaktree Secured Claims);&#160; </font><font style="font-size: 12pt; font-family: 'Times New Roman'; font-style: italic;">provided </font>that Oaktree shall be permitted to make a Transfer to an Affiliate that becomes bound to this Agreement by executing a joinder upon which the transferee
        shall be deemed a &#8220;Consenting Party&#8221; and a &#8220;Party&#8221; under this Agreement, and the transferor shall be deemed to relinquish its rights (and be released from its obligations) under this Agreement to the extent of the rights and obligations in respect
        of such transferred Oaktree Secured Claims.&#160; Any Transfer of any <font style="font-size: 10pt; font-family: 'Times New Roman';">Oaktree Secured Claims</font> that does not comply with the terms and procedures set forth herein shall be deemed void
        <font style="font-size: 12pt; font-family: 'Times New Roman'; font-style: italic;">ab initio</font>, and each other Party shall have the right to enforce the voiding of such Transfer.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">7</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 36.7pt;"><font style="color: rgb(0, 0, 0);">4.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Agreements of the Debtors</u>.</font></font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 73pt;"><a name="bookmark4"></a><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Plan</font>.&#160; During the RSA Effective Period, the
          Debtors agree to:</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z3325def15bd148c9bee2ad3eb6f825c3">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">incorporate, to the extent applicable, the terms of this Agreement and the Settlement and Release Agreement into the Plan, which shall describe this Agreement and the Settlement and Release Agreement as
                integral to, and not severable from, the Plan;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z94ae1872785440088efedd29a98465da">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(ii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">file the Plan;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z6b8e35f8aae94b7488da1987169a353e">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">commence Solicitation with respect to the Plan;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z313b1671e7d14b479d763225af375b2e">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iv)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0); font-size: 10pt;">
                <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman';">seek confirmation of the Plan including the assumption and/or approval, as applicable, of the Settlement and Release Agreement by the Bankruptcy Court in
                  connection therewith;</div>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z4e303f8617af43f291384bd7eb5e30cb">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(v)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="font-size: 12pt;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">consult in good-faith with PBI and Oaktree regarding the timing for
                    seeking confirmation of the Plan, assumption and/or approval, as applicable, of the Settlement and Release Agreement, an</font><font style="font-size: 10pt;">d<a name="z_cp_change_41"></a> the<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> Effective Date;</font></font></div>
                <font style="font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> </font></font></div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="zc02a28730e0d41b59f8a1ec9523e4059">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vi)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">negotiate in good faith with PBI and Oaktree the form of the Definitive Documents and (as applicable) execute the Definitive Documents; and<br>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="za518baf79c4e4fc1afffef73c037babf">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">not directly or indirectly take any action that is inconsistent with this Agreement, including the exhibits hereto, or is intended to interfere with consummation of the transactions contemplated by the
                Approved Plan (including encouraging another Person to undertake any action prohibited by this Agreement), in each case, to the extent consistent with, upon the advice of counsel, applicable law, and the fiduciary duties of the boards of
                directors, managers, members, or partners, as applicable, of the Debtors; <font style="font-style: italic;">provided</font> that the Debtors shall not be obligated to agree to any modification of any document that is inconsistent with this
                Agreement, including the exhibits hereto, as the case may be.</div>
            </td>
          </tr>

      </table>
      <div>&#160;
        <div style="text-indent: 72pt; text-align: justify;">(b)<font style="font-size: 10pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);"><font style="font-family: 'Times New Roman'; font-weight: bold;">Shared Services.&#160;
              </font>On the RSA Effective Date, the Debtors agree to execute, deliver, and, from and after such date, perform its obligations under the Shared Services Agreement subject to and in accordance with the terms and conditions of such agreement.</font></font></div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 73pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160; &#160; &#160; <font style="font-weight: bold; color: rgb(0, 0, 0);">Agreement Not to Sue</font><font style="color: rgb(0, 0, 0);">. </font><font style="font-weight: bold; color: rgb(0, 0, 0);">&#160;</font><font style="color: rgb(0, 0, 0);">Upon execution of this Agreement, the Debtors, on behal</font>f of <a name="z_cp_change_43"></a>themselves and the Estates, and the Liquidating Agent (as
        defined in the Plan), agree not to sue and shall forbear from ins<font style="color: rgb(0, 0, 0);">tituting or prosecuting any cause of action or proceeding of any kind, nature, or character, at law or in equity, against any of the Parties on
          account of, in connection with, or in any way related to the Potential Claims or any other potential Claims and causes of action held by DRFL and DRFLLC (or that would be held by their respective Estates), except that the Debtors shall be
          entitled to take all appropriate steps, including instituting proceedings, to enforce this Agreement.</font> The Debtors&#8217; agreement not to sue Pitney Bowes in this Section 4(c) shall terminate if this Agreement is terminated pursuant to its
        terms.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">8</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72.7pt;"><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Covenants. <font style="font-style: normal; font-weight: normal;">During



              the RSA Effective Period,</font> </font>The Debtors agree to:</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="zb4653ce94e7444f69a0bf493dadba372">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">not file any chapter 11 plan that is inconsistent with the terms and conditions set forth herein and in the Plan and that is not an Approved Plan;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z78aeed52a6684f48b206f65a5e3aa34b">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(ii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">use commercially reasonable efforts to do all things reasonably necessary and appropriate in furtherance of confirming and consummating the Plan in accordance with the terms of this Agreement;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z71ada56dd1454607ac0d55f448be75db">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">use commercially reasonable efforts to obtain any required regulatory and/or third-party approvals for the transactions contemplated by the Plan;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="za63dcdf1b7da451782a42cd9cd809f38">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iv)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">not take any action inconsistent with, or intended or reasonably likely to interfere with, consummation of the Plan or approval of the Settlement and Release Agreement;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z33ea82952e5f48e89add24832486b06f">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(v)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">provide draft copies of the Definitive Documents and any other material pleading in the Chapter 11 Cases to Vinson &amp; Elkins LLP (&#8220;V&amp;E&#8221;) on behalf of PBI and Sullivan &amp; Cromwell LLP (&#8220;S&amp;C&#8221;) on
                behalf of Oaktree, if reasonably practicable, at least two (2) calendar days prior to the date when the Debtors intend to file any such pleading or other document, and consult in good faith with V&amp;E on behalf of PBI, and S&amp;C on
                behalf of Oaktree regarding the form and substance of any such proposed filing with the Bankruptcy Court;<br>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z5e8b2a524557404a871c5d6da0b8667f">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vi)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0); font-size: 10pt;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">subject to professional responsibilities, in connection with the Chapter 11 Cases, timely file with the Bankruptcy Court a written objection to any motion
                  filed with the Bankruptcy Court by a third party seeking the entry of an order (a)&#160;directing the appointment of an examiner with expanded powers or a trustee, (b)&#160;converting any of the Chapter 11 Cases to cases under chapter 7 of the
                  Bankruptcy Code, (c) dismissing any of the Chapter 11 Cases, (d)&#160;modifying or terminating the Company&#8217;s exclusive right to file and/or solicit acceptances of an Approved Plan, (e) conferring standing to pursue Claims and causes of action
                  on behalf of the Debtors or the Estates against PBI, PBIH, Oaktree or any of their respective Affiliates, or (f) recharacterizing or subordinating any Claims held by PBI, PBIH, Oaktree or any of their respective Affiliates, including in
                  any adversary proceeding;</div>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z171721c389474f09b182ba37f8915bb8">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">not amend or modify, or file a pleading seeking authority to amend or modify, in a manner that is inconsistent with this Agreement, including its exhibits and any of the Definitive Documents without the
                consent of PBI, Oaktree, and the DIP Lender; and</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z2d6591ee38fc4eebbb6b579526f3cbe4">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(viii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">during the RSA Effective Period, pay or reimburse all reasonable and documented fees and expenses of (a) V&amp;E, as counsel to PBI, and (b) Berkeley Research Group LLC, as financial advisor to PBI, in
                connection with the Chapter 11 Cases.</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 74pt;"><font style="color: rgb(0, 0, 0);">(e)</font>&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Acknowledgment</font>.&#160; The Parties acknowledge that the obligations being
          incurred by the Consenting Parties pursuant to this Agreement are substantial, essential, integral, and necessary to facilitate the orderly wind-down and liquidation of the Debtors and are in the best interests of the Debtors, the Estates, and
          the Debtors&#8217; creditors and other stakeholders.</font></div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">9</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 38.15pt;"><font style="color: rgb(0, 0, 0);">5.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Definitive Documents; Good Faith Cooperation; Further Assurances</u></font>.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 74pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Each Party hereby covenants and agrees to cooperate with each other in good faith in connection with, and
          to exercise commercially reasonable efforts with respect to, the pursuit, approval, negotiation, execution, delivery, implementation, and consummation of the Plan, as well as the negotiation, drafting, execution, and delivery of the Definitive
          Documents. Furthermore, subject to the terms hereof, each Party shall take such action as may be reasonably necessary or reasonably requested by the other Party to carry out the purposes and intent of this Agreement and shall refrain from taking
          any action that would frustrate the purposes and intent of this Agreement.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 74pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">To the extent not already executed as of the RSA Effective Date, the Definitive Documents and related
          motions and orders that remain subject to negotiation and completion shall contain terms and conditions consistent in all material respects with this Agreement and, as applicable, the Settlement and Release Agreement and any Approved Plan.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 38pt;"><font style="color: rgb(0, 0, 0);">6.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Representations and Warranties</u></font>.&#160; <a name="z_Hlk173370612"></a>Each
          Party represents and warrants to the other Parties that the following statements are true, correct, and complete as of the date hereof:</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 74pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">such Party is validly existing and in good standing under the laws of its jurisdiction of incorporation or
          organization and, in the case of the Debtors, subject to the approval of the Bankruptcy Court, has all requisite corporate, partnership, limited liability company, or similar authority to enter into this Agreement and carry out the transactions
          contemplated hereby and perform its obligations contemplated hereunder, and the execution and delivery of this Agreement and the performance of such Party&#8217;s obligations hereunder have been duly authorized by all necessary corporate, limited
          liability company, partnership, or other similar authority on its part; and</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 74pt;"><a name="z_Hlk173370622"></a><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the execution, delivery, and performance by such Party of this Agreement does
          not and will not (i) violate any material provision of law, rule, or regulation applicable to it or any of its subsidiaries or its charter or bylaws (or other similar governing documents) or those of any of its subsidiaries, or (ii) <a name="z_Hlk173370606"></a>conflict with, result in a breach of, or constitute (with due notice or lapse of time or both) a default under any material contractual obligation to which it or any of its subsidiaries is a party.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 38pt;"><font style="color: rgb(0, 0, 0);">7.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Termination of Agreement</u>.</font></font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 74pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Termination by any Party.&#160; </font>At any time after the occurrence and
          during the continuation of any of the following termination events, any Party may deliver a written notice of termination to the other Parties and, if such notice is sent, then this Agreement (other than the provisions set forth in Section 7(g)
          hereof, which survives termination) and the obligations of the Parties hereunder shall terminate three (3) business days after delivery of such notice unless otherwise agreed to by the Parties:</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z9f80e548da744d7291cddd2a2155a653">

          <tr>
            <td style="width: 67.5pt;"><br>
            </td>
            <td style="width: 40.5pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">the Effective Date has not occurred prior to the maturity date or acceleration of the DIP Note; or</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z8c3be466bdc3491caab4262e1bebaf5d">

          <tr>
            <td style="width: 67.5pt;"><br>
            </td>
            <td style="width: 40.5pt; vertical-align: top; color: rgb(0, 0, 0);">(ii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">any of the Chapter 11 Cases are converted to a case under chapter 7 of the Bankruptcy Code or dismissed.</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">10</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 74pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Termination by PBI or PBIH.&#160; </font>At any time after the occurrence and
          during the continuation of any of the following termination events, PBI or PBIH may deliver a written notice of termination to the Debtors and, if such notice is sent, then this Agreement (other than the provisions set forth in <u>Section 7(g)</u>
          hereof, which survives termination) and the obligations between PBI or PBIH (as applicable) and the Debtors hereunder shall terminate three (3) business days after delivery of such notice unless otherwise agreed to by PBI or PBIH (as applicable)
          and the Debtors:</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z495bd7e30bc7421bbc4921a892952091">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">the Debtors have not commenced the Chapter 11 Cases by August 9, 2024;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="ze32cfe5f8f6b46548db690e28c29fbcc">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(ii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">the Interim DIP Order has not been entered by the Bankruptcy Court by August 13, 2024;</div>
            </td>
          </tr>

      </table>
      <div>&#160;
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="ze7c12e251e46493599d004f07cf85fc7">

            <tr>
              <td style="width: 72pt;"><br>
              </td>
              <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iii)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="color: rgb(0, 0, 0);">the Confirmation Order has not been entered by the Bankruptcy Court and become final and non-appealable by November 15, 2024;</div>
              </td>
            </tr>

        </table>
      </div>
      <div> <br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z5e5c0dc14c904ccf9bdf74a443a62e75">

            <tr>
              <td style="width: 72pt;"><br>
              </td>
              <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iv)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">the Effective Date has not occurred by November 29, 20</font><font style="font-size: 10pt;">24;</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div> <br>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z94936d288b7c48c0adf9eb1abefc2799">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(v)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">the Final DIP Order or an order approving the Debtors&#8217; assumption of the Shared Services Agreement have not been entered by the Bankruptcy Court by the earlier of (a) September 23, 2024, and (b) 30 days after
                the appointment of a Creditors&#8217; Committee (if any);</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z0ab93c4bab63460f8a49da89696684f1">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vi)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">
                <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">a breach by a Debtor of </font><font style="font-size: 10pt;">any
                    undertaking, commitment, or covenant<font style="font-family: 'Times New Roman';">&#160;</font>set forth in <font style="font-family: 'Times New Roman';">this Agreement, the</font> Shared Services Agreement, or the Settlement and Release
                    Agreement,<font style="font-family: 'Times New Roman';"> which breach has not been cured (if curable) either within three (3) business days after the delivery of written notice of such breach from PBI or PBIH in a manner consistent with
                      the applicable cure provisions of the</font> Shared Services Agreement or the Settlement and Release Agreement, as applicable;</font></div>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z47a82343436047ffab46e7420dacae7b">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(vii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">an Event of Default (as defined in the DIP Note) has occurred under any of the DIP Note Documents;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z4645697ca7204260af2a19e5a4622f5e">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(viii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">an order is entered by the Bankruptcy Court authorizing post-petition financing that is inconsistent in any respect with this Agreement or the DIP Note Documents;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z1a0ab6331c45414ba2ca2e07fc99213a">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(ix)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">an examiner with expanded powers beyond those set forth in section 1106(a)(3) and (4) of the Bankruptcy Code or a trustee or receiver is appointed in any of the Chapter 11 Cases;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z3ed5334faf3b46b08b47eb13eedbf320">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(x)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">an order is entered by the Bankruptcy Court terminating any of the Debtors&#8217; exclusive right to file a plan pursuant to section 1121 of the Bankruptcy Code;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z9426244650ed4bf492214f2ab799c33f">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(xi)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">an order is entered by the Bankruptcy Court conferring standing to the Creditors&#8217; Committee (if any) to pursue Claims and causes of action on behalf of the Debtors or the Estates against PBI, PBIH, or any of
                their Affiliates;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="zfbf161dbb901459d8ce2379de747164f">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(xii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0); font-size: 10pt;">
                <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman';">an order is entered by the Bankruptcy Court recharacterizing or subordinating any Claim held by PBI, PBIH, or any of their Affiliates;</div>
              </div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">11</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z82e26acac6824f23b5999aabfd38e435">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(xiii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">the Debtors file a motion to reject this Agreement, the Settlement and Release Agreement, or the Shared Services Agreement with the Bankruptcy Court;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
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          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(xiv)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">the failure of the Debtors to promptly pay all fees and expenses in accordance with <u>Section 3(c)(viii)</u> of this Agreement; or</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
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          <tr>
            <td style="width: 72pt;"><br>
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            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(xv)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">this Agreement is terminated with respect to any other Party.</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 74pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Termination by Oaktree</font>.&#160; At any time after the occurrence and
          during the continuation of any of the following termination events, Oaktree may deliver a written notice of termination to the Debtors and, if such notice is sent, then this Agreement (other than the provisions set forth in Section 7(g) hereof,
          which survive termination) and the obligations between Oaktree and the Debtors hereunder shall terminate three (3) business days after delivery of such notice unless otherwise agreed to by Oaktree and the Debtors:</font></div>
      <div>&#160;</div>
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          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">a trustee or receiver is appointed in the Chapter 11 Cases; or</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
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          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(ii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">a breach of this Agreement that is material to Oaktree which breach has not been cured (if curable) within five (5) business days after delivery of written notice of such breach from Oaktree; or<br>
              </div>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable">

            <tr>
              <td style="width: 72pt;"><br>
              </td>
              <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iii)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="color: rgb(0, 0, 0);">
                  <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">PBI or PBIH terminates this Agreement with respect to its obligations hereunder.</div>
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              </td>
            </tr>

        </table>
      </div>
      <div style="text-align: justify; text-indent: 74pt;"><font style="color: rgb(0, 0, 0);"> <br>
        </font></div>
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          during the continuation of any of the following termination events, the Debtors may deliver a written notice of termination to either of the Consenting Parties and, if such notice is sent, then this Agreement (other than the provisions set forth
          in Section 7(g) hereof, which survive termination) and the obligations of such Consenting Party and the Debtors&#8217; obligations to such Consenting Party hereunder shall terminate three (3) business days after delivery of such notice unless otherwise
          agreed to by such Consenting Party and the Debtors, in such event, the Debtors reserve the right to have this Agreement remain in effect with respect to the other Consenting Party:</font></div>
      <div>&#160;</div>
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          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">a material breach of this Agreement by a Consenting Party which breach has not been cured (if curable) within five (5) business days after the delivery of written notice of such breach from the Debtors.</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" id="zb0e0ff53aea94f4d94018fd509753014" class="DSPFListTable">

            <tr style="vertical-align: top;">
              <td style="width: 72pt;">&#160;</td>
              <td style="text-align: right; vertical-align: top; width: 36pt;">
                <div style="text-align: justify;"><font style="color: rgb(0, 0, 0);">(e)</font></div>
              </td>
              <td style="text-align: left; vertical-align: top; width: auto;">
                <div style="text-align: justify;"><font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Mutual Termination</font>. <font style="font-weight: bold;">&#160;</font>This Agreement may be terminated by a written mutual agreement of the
                    Parties.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>&#160;</div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" id="z2d436c47dd264976a60f7005d12dcc01" class="DSPFListTable">

            <tr style="vertical-align: top;">
              <td style="width: 72pt;">&#160;</td>
              <td style="text-align: right; vertical-align: top; width: 36pt;">
                <div style="text-align: justify;"><font style="color: rgb(0, 0, 0);">(f)</font></div>
              </td>
              <td style="text-align: left; vertical-align: top; width: auto;">
                <div style="text-align: justify;"><font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Automatic Termination</font>.&#160; This Agreement will automatically terminate upon the occurrence of any of the following:</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z0ff176868c5e4d0e89213dfe3255100d">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">any of the Chapter 11 Cases are converted to a case under chapter 7 of the Bankruptcy Code;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="zc47616e8115e44debbbea49666698132">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(ii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">any of the Chapter 11 Cases are dismissed; or</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="zd3a9f935f56244458ed610abbd5904f3">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0);">(iii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: rgb(0, 0, 0);">the occurrence of the Effective Date.</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">12</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 76.3pt;"><font style="color: rgb(0, 0, 0);">(g)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;">Effect of Termination</font>.&#160; The earliest date on which termination of
          this Agreement as to a Party is effective in accordance with this Section 7 of this Agreement shall be referred to, with respect to such Party, as a &#8220;<font style="font-weight: bold; font-style: italic;">Termination Date</font>.&#8221;&#160; Upon the
          termination of this Agreement in accordance with the terms hereof, this Agreement shall forthwith become null and void and of no further force or effect and each Party shall, except as provided otherwise in this Agreement, be immediately released
          from its liabilities, obligations, commitments, undertakings, and agreements under or related to this Agreement and shall have all the rights and remedies that it would have had and shall be entitled to take all actions that it would have been
          entitled to take had it not entered into this Agreement, including all rights and remedies available to it under applicable law; <font style="font-style: italic;">provided </font>that each of the following shall survive any such termination: <u>Sections
            6&#8211;18</u>; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further</font>,<font style="font-style: italic;">&#160;</font>in no event shall any such termination relieve a Party from liability for its breach or
          non-performance of its obligations hereunder prior to the date of such termination.&#160; Each of the Parties to the extent enforceable waives any right to assert that the exercise of termination rights under this Agreement is subject to the automatic
          stay provisions of the Bankruptcy Code, and expressly stipulates and consents hereunder to the prospective modification of the automatic stay provisions of the Bankruptcy Code for purposes of exercising termination rights under this Agreement, to
          the extent the Bankruptcy Court determines that such relief is required.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 41pt;"><font style="color: rgb(0, 0, 0);">8.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Amendments and Waivers</u></font>.&#160; Except as otherwise expressly set
          forth herein, this Agreement may not be waived, modified, amended, or supplemented except with the prior written consent of all Parties.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 41pt;"><font style="color: rgb(0, 0, 0);">9.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Governing Law; Jurisdiction; Waiver of Jury Trial</u></font>.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 77pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">This Agreement shall be construed and enforced in accordance with, and the rights of the Parties shall be
          governed by, the laws of the State of New York, without giving effect to the conflict of laws principles thereof.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 77pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Each of the Parties irrevocably agrees that any legal action, suit, or proceeding arising out of or relating
          to this Agreement brought by any Party shall be brought and determined in the federal or state courts in the Borough of Manhattan in the City of New York (&#8220;<font style="font-weight: bold; font-style: italic;">NY Courts</font>&#8221;), and each of the
          Parties hereby irrevocably submits to the exclusive jurisdiction of the aforesaid courts for itself and with respect to its property, generally and unconditionally, with regard to any such proceeding arising out of or relating to this Agreement.&#160;
          Each of the Parties agrees not to commence any proceeding relating to this Agreement except in the NY Courts, other than proceedings in any court of competent jurisdiction to enforce any judgment, decree, or award rendered by any NY Court.&#160; Each
          of the Parties further agrees that notice as provided in <u>Section 15</u> shall constitute sufficient service of process and the Parties further waive any argument that such service is insufficient.&#160; Each of the Parties hereby irrevocably and
          unconditionally waives, and agrees not to assert, by way of motion or as a defense, counterclaim or otherwise, in any proceeding arising out of or relating to this Agreement, (i) any claim that it is not personally subject to the jurisdiction of
          the NY Courts for any reason, (ii) that it or its property is exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in
          aid of execution of judgment, execution of judgment, or otherwise) and (iii) that (A) the proceeding in any such court is brought in an inconvenient forum, (B) the venue of such proceeding is improper, or (C) this Agreement, or the subject matter
          hereof, may not be enforced in or by such courts.&#160; Notwithstanding the foregoing, during the pendency of the Chapter 11 Cases, all proceedings contemplated by this <u>Section 9</u> shall be brought in the Bankruptcy Court.</font></div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">13</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 76pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Notwithstanding anything to the contrary in this Agreement, including <u>Section 9(b)</u>, during the
          pendency of the Chapter 11 Cases, all legal actions, suits, or proceedings relating to this Agreement, including its exhibits, shall be brought in the Bankruptcy Court.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 76pt;"><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">EACH PARTY HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY
          JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT, OR ANY OTHER THEORY).&#160; EACH PARTY (I) CERTIFIES THAT NO REPRESENTATIVE,
          AGENT, OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (II) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HAVE BEEN INDUCED
          TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 40pt;"><font style="color: rgb(0, 0, 0);">10.</font>&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Specific Performance/Remedies</u></font>.&#160; It is understood and agreed by
          the Parties that money damages would not be a sufficient remedy for any breach of this Agreement by any Party.&#160; Each non-breaching Party shall be entitled to specific performance and injunctive or other equitable relief (including reasonable
          attorneys&#8217; fees and costs), including an order of the Bankruptcy Court, requiring any Party to comply promptly with any of its obligations hereunder, as a remedy of any such breach, without the necessity of proving the inadequacy of money damages
          as a remedy.&#160; Each Party also agrees that it will not seek, and will waive any requirement for, the securing or posting of a bond in connection with any Party seeking or obtaining such relief.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 40pt;"><font style="color: rgb(0, 0, 0);">11.&#160;</font> &#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Headings</u></font>.&#160; The headings of the sections, paragraphs, and
          subsections of this Agreement are inserted for convenience only and shall not affect the interpretation hereof or, for any purpose, be deemed a part of this Agreement.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 40.3pt;"><font style="color: rgb(0, 0, 0);">12.</font>&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Successors and Assigns; Severability</u>.&#160; </font>This Agreement is
          intended to bind and inure to the benefit of the Parties and their respective successors, permitted assigns, executors, administrators, and representatives.&#160; If any provision of this Agreement, or the application of any such provision to any
          Person or circumstance, shall be held invalid or unenforceable, in whole or in part, such invalidity or unenforceability shall attach only to such provision or part thereof and the remaining part of such provision hereof and this Agreement shall
          continue in full force and effect so long as the essential terms and conditions of this Agreement for each Party remain valid, binding, and enforceable.&#160; Upon any such determination of invalidity, the Parties shall negotiate in good faith to
          modify this Agreement so as to effect the original intent of the Parties as closely as possible in a reasonably acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent
          possible.&#160; The agreements, representations and obligations of the Parties herein are, in all respects, ratable and several and neither joint nor joint and several.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 40.3pt;"><font style="color: rgb(0, 0, 0);">13.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>No Third-Party Beneficiaries</u></font>.&#160; This Agreement shall be
          solely for the benefit of the Parties and no other Person shall be a third-party beneficiary hereof.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 40pt;"><font style="color: rgb(0, 0, 0);">14.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Counterparts</u></font>.&#160; This Agreement may be executed in several
          counterparts, each of which shall be deemed to be an original, and all of which together shall be deemed to be one and the same agreement. Execution copies of this Agreement delivered by facsimile or PDF shall be deemed to be an original for the
          purposes of this paragraph.</font></div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">14</font></div>
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          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 40pt;"><font style="color: rgb(0, 0, 0);">15.</font>&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><font style="font-weight: bold;"><u>Notices</u></font>.&#160; All notices hereunder shall be deemed given if in
          writing and delivered by electronic mail, facsimile, courier, or by registered or certified mail (return receipt required) to the following addresses and facsimile numbers:</font></div>
      <div>&#160;</div>
      <div style="margin-left: 108pt;"><font style="color: rgb(0, 0, 0);">(1)</font>&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">If to the Debtors, to:</font></div>
      <div style="color: rgb(0, 0, 0); margin-left: 108pt;">DRF Logistics, LLC</div>
      <div style="color: rgb(0, 0, 0); margin-left: 108pt;">DRF, LLC</div>
      <div style="color: rgb(0, 0, 0); margin-left: 108pt;">7171 Southwest Parkway</div>
      <div style="color: rgb(0, 0, 0); margin-left: 108pt;">Austin, TX 78735</div>
      <div style="margin-left: 108pt;"><font style="color: rgb(0, 0, 0);">Attention:</font>&#160;&#160;&#160;&#160;&#160; Eric Kaup<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><br>
        </sup></div>
      <div><br>
      </div>
      <div style="margin-left: 108pt;">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="z8909d560ae6449af8f9ac6dda747a5bf">

            <tr>
              <td colspan="2" style="width: 100%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">with a copy (which will not constitute notice) to:</div>
              </td>
            </tr>
            <tr>
              <td colspan="2" style="width: 100%; vertical-align: top;">&#160;</td>
            </tr>
            <tr>
              <td colspan="2" style="width: 100%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Weil, Gotshal &amp; Manges LLP</div>
              </td>
            </tr>
            <tr>
              <td colspan="2" style="width: 100%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">767 Fifth Avenue</div>
              </td>
            </tr>
            <tr>
              <td colspan="2" style="width: 100%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">New York, New York 10153</div>
              </td>
            </tr>
            <tr>
              <td style="width: 15.24%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Attention:</div>
              </td>
              <td style="width: 84.76%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Ray Schrock, Esq. (Ray.Schrock@weil.com)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 15.24%; vertical-align: top;">&#160;</td>
              <td style="width: 84.76%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Ronit Berkovich, Esq. (Ronit.Berkovich@weil.com)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 15.24%; vertical-align: top;">&#160;</td>
              <td style="width: 84.76%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Lauren Tauro, Esq. (Lauren.Tauro@weil.com)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 15.24%; vertical-align: top;">&#160;</td>
              <td style="width: 84.76%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Alexander P. Cohen, Esq. (Alexander.Cohen@weil.com)</div>
              </td>
            </tr>

        </table>
      </div>
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                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt;">OAKTREE FUND GP, LLC</div>
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              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top;">Its:<br>
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                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt;">GENERAL PARTNER</div>
              </td>
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              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top;">&#160;</td>
              <td rowspan="1" colspan="2" style="vertical-align: top;">&#160;</td>
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              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
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                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt;">OAKTREE FUND GP I, L.P.</div>
              </td>
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              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top;">Its:<br>
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                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt;">MANAGING MEMBER</div>
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              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top;">&#160;</td>
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              </td>
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              <td rowspan="1" style="width: 42%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top; padding-bottom: 2px;">By:<br>
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              <td rowspan="1" colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            </tr>
            <tr>
              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top;">&#160;</td>
              <td rowspan="1" colspan="2" style="vertical-align: top;">Name: David Nicoll<br>
              </td>
            </tr>
            <tr>
              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top;">&#160;</td>
              <td rowspan="1" colspan="2" style="vertical-align: top;">Title: Authorized Signatory</td>
            </tr>
            <tr>
              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top;">&#160;</td>
              <td rowspan="1" colspan="2" style="vertical-align: top;">&#160;</td>
            </tr>
            <tr>
              <td rowspan="1" style="width: 42%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top; padding-bottom: 2px;">By:<br>
              </td>
              <td rowspan="1" colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            </tr>
            <tr>
              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top;">&#160;</td>
              <td rowspan="1" colspan="2" style="vertical-align: top;">Name: Jordan Mikes<br>
              </td>
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            <tr>
              <td rowspan="1" style="width: 42%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 5%; vertical-align: top;">&#160;</td>
              <td rowspan="1" colspan="2" style="vertical-align: top;">Title: Authorized Signatory</td>
            </tr>

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      <div style="text-align: center; text-indent: -18pt; margin-left: 18pt; font-style: italic;"> <br>
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      <div style="text-align: center; text-indent: -18pt; margin-left: 18pt; font-style: italic;">[Signature Page to Restructuring Support Agreement]</div>
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      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"><u>Exhibit A</u></div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Plan</div>
      <div>&#160;</div>
      <div><br>
      </div>
      <div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>ef20033689_ex10-3.htm
<DESCRIPTION>EXHIBIT 10.3
<TEXT>
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      <div style="text-align: center; font-weight: bold;"><a name="z_mps800839170000000000000008620000000000"></a><a name="z_Hlk172684008"></a><u></u></div>
      <div style="text-align: right; font-weight: bold;"> Exhibit 10.3<u><br>
        </u></div>
      <div style="text-align: center; font-size: 12pt; font-weight: bold;"><br>
      </div>
      <div style="text-align: center; font-weight: bold;"><u>SETTLEMENT AND RELEASE AGREEMENT</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">This Settlement and Release Agreement (as amended, restated, supplemented, or otherwise modified from time to time, this &#8220;<u>Agreement</u>&#8221;) is made and entered into as of August 8, 2024, by and
        among (i) DRF Logistics, LLC, a Delaware limited liability company (&#8220;<u>DRF Logistics</u>&#8221;), and DRF, LLC, a Texas limited liability company, as proposed debtors and debtors-in-possession (&#8220;<u>DRF</u>&#8221; and, together with DRF Logistics, the &#8220;<u>Debtors</u>&#8221;)






        and (ii) Pitney Bowes Inc., a Delaware corporation (&#8220;<u>PBI</u>&#8221;), and Pitney Bowes International Holdings, Inc., a Delaware corporation (&#8220;<u>PBIH</u>&#8221;) (collectively, the &#8220;<u>PBI Entities</u>&#8221;).&#160; Each Debtor and each of the PBI Entities may be
        referred to individually herein as a &#8220;<u>Party</u>&#8221; and collectively as the &#8220;<u>Parties</u>.&#8221;</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;"><u>RECITALS</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, prior to August 8, 2024, PBI and PBIH were, respectively, the indirect and direct
          corporate parents of the Debtors, and the PBI Entities and certain of their Affiliates and Representatives (each as defined below) from time to time supported the Debtors&#8217; businesses, including, among other things, by providing cash management
          services, sharing corporate services, sharing employee costs, making available and sharing property useful for the Debtors&#8217; businesses, funding the Debtors&#8217; losses, and advancing funding to the Debtors, including pursuant to (a) that certain Term
          Loan Agreement, dated as of March 1, 2020 (as amended, restated, supplemented, or otherwise modified from time to time), by and between PBI as lender and DRF as borrower (the &#8220;<u>Term Loan Agreement</u>&#8221;), (b) that certain Amended and Restated
          Global Intercompany Note, dated as of July 31, 2023 (as amended, restated, supplemented, or otherwise modified from time to time, the &#8220;<u>Intercompany Note</u>&#8221;), by and among the signatories party thereto as borrowers and lenders, including the
          PBI Entities and the Debtors, as supplemented by that certain Letter Agreement, dated as of July 3, 2024 (as amended, restated, supplemented, or otherwise modified from time to time, the &#8220;<u>Letter Agreement</u>&#8221;), by and between PBIH, as lender,
          and the Debtors, as borrowers, and (c) allocations and accounting for cash to fund the Debtors&#8217; business operations;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, prior to August 8, 2024, the Debtors, in their capacity as guarantors, were jointly
          and severally liable for, and subject to secured liens and claims in connection with, all amounts due and owing under that certain Credit Agreement, dated as of November 1, 2019 (as amended, restated, amended and restated, supplemented, or
          otherwise modified from time to time), by and among PBI as borrower, the lenders and issuing banks party thereto, and JPMorgan Chase Bank, N.A. as administrative agent (in such capacity, the &#8220;<u>JPM Agent</u>&#8221;) (the &#8220;<u>JPM Secured Debt Facility</u>&#8221;);</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, <font style="font-weight: bold;">&#160;</font>prior to August 8, 2024, the Debtors, in
          their capacity as guarantors, were jointly and severally liable for, and subject to secured liens and claims in connection with, all amounts due and owing under that certain Note Purchase Agreement, dated as of July 31, 2023 (as amended,
          restated, amended and restated, supplemented, or otherwise modified from time to time), by and among PBI as issuer, Alter Domus (US) LLC as noteholder representative, certain of PBI&#8217;s subsidiaries as guarantors, and the noteholders from time to
          time party thereto, including noteholders advised by Oaktree Capital Management, L.P. (the &#8220;<u>Oaktree Noteholders</u>&#8221;) (the &#8220;<u>Existing NPA Secured Debt Facility</u>&#8221;);</font></div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">1</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, prior to August 8, 2024, the Debtors, in their capacity as guarantors, were jointly
          and severally liable for, and subject to claims in connection with, all amounts due and owing under that certain (a) Indenture, dated as of March 19, 2021 (as amended, restated, supplemented, or otherwise modified from time to time), by and among
          PBI as issuer, certain of PBI&#8217;s subsidiaries as guarantors, and Truist Bank as trustee, for the 6.875% Senior Notes due 2027, and (b) Indenture, dated as of March 19, 2021 (as amended, restated, supplemented, or otherwise modified from time to
          time), by and among PBI as issuer, certain of PBI&#8217;s subsidiaries as guarantors, and Truist Bank as trustee, for the 7.250% Senior Notes due 2029 (collectively, the &#8220;<u>Unsecured Notes Indentures</u>&#8221;);</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, as a result of a number of factors, including the Debtors&#8217; historic inability to
          generate sufficient cash flow to fully self-sustain their respective business operations, PBI, primarily through PBIH, has funded over $1.1 billion to the Debtors since 2015 to support their business operations and enable the Debtors to pay their
          vendors and service their customers;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, (a) DRF is liable to PBI under the Term Loan Agreement in the principal amount of
          $111,000,000, plus accrued interest, and (b) the Debtors are liable to PBIH under the Intercompany Note (as supplemented by the Letter Agreement) in the principal amount of $5,000,000 plus accrued and unpaid interest, fees, expenses, costs,
          charges, indemnities, and other obligations thereunder;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, there are accounting book entries from and between the Parties arising from the
          Parties&#8217; participation in a company-wide cash management system where customer receipts were swept from DRF Logistics&#8217; bank account in the ordinary course of business, amounts were paid on account of DRF&#8217;s incurrence of costs to operate and
          service DRF Logistics&#8217; customer contracts in connection with the Debtors&#8217; global ecommerce business, and such amounts were tracked to insure adequate funding was provided to DRF to satisfy costs incurred in the operation of the Debtors&#8217; global
          ecommerce business, which each year resulted in a net equity contribution from PBIH into the Debtors to sustain their business operations;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, a robust and comprehensive marketing process was undertaken over a period of more
          than 8 months to sell the Debtors, or substantially all of the Debtors&#8217; assets, as a going concern to one or more third parties with the assistance of J.P. Morgan Securities LLC, acting as investment banker;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, such marketing process did not result in any viable bids or any actionable
          transactions for the entirety of the Debtors&#8217; business enterprise and as a result, on June 27, 2024, PBIH, as sole stockholder of DRF Logistics, reconstituted the board of managers of DRF Logistics (the &#8220;<u>DRF Logistics Board</u>&#8221;) and appointed
          two independent managers;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, upon its reconstitution, the DRF Logistics Board, with the assistance of the
          Debtors&#8217; professional advisors, explored and evaluated potential alternatives for the Debtors, including the orderly winddown of the Debtors&#8217; businesses outside of court or pursuant to cases under the Bankruptcy Code (as defined below);</font></div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">2</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, as part of their evaluation, the Debtors&#8217; independent managers and the Debtors&#8217;
          professional advisors also investigated (among other matters) the relationship and transactions among the Debtors, on one hand, and the PBI Entities and their non-Debtor Affiliates, on the other hand, including potential claims and causes of
          action the Debtors may have against the PBI Entities (the &#8220;<u>Potential Claims</u>&#8221;) and whether to prosecute, settle, release, discharge, or enter into any other agreement relating to the Potential Claims (collectively, the &#8220;<u>Independent
            Investigation</u>&#8221;);</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, the PBI Entities cooperated with the Debtors&#8217; independent managers and professional
          advisors in connection with the Independent Investigation, including by providing thousands of pages of requested documents and over 18 witness interviews;</font></div>
      <div>&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, the Parties
            desire to facilitate a separation of the relationship and transactions among the Debtors, on one hand, and the PBI Entities and their non-Debtor Affiliates, on the other hand, pursuant to the terms of this Agreement;</font></div>
        <div>&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 12pt; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, on August 8,
            2024, the PBI Entities purchased from the Debtors, for a cash purchase price of $8,000,000, certain property and customer contracts that were no longer necessary to the Debtors and which customers the Debtors would no longer be able to service
            given the imminent winddown of their businesses;</font></div>
      </div>
      <div> <br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, the Debtors&#8217; independent managers, with the input of the Debtors&#8217; professional
          advisors, have determined the orderly winddown of the Debtors&#8217; businesses utilizing the tools available under chapter 11 of title 11 of the United States Code (the &#8220;<u>Bankruptcy Code</u>&#8221;) is the most viable and value-maximizing alternative for
          the Debtors and have authorized each Debtor to file on or about August 8, 2024, a voluntary petition for relief under chapter 11 of the Bankruptcy Code with the United States Bankruptcy Court for the Southern District of Texas (the &#8220;<u>Bankruptcy
            Court</u>&#8221;) commencing chapter 11 cases (the &#8220;<u>Chapter 11 Cases</u>&#8221;);</font></div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">3</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 12pt; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, the PBI Entities
          and their Affiliates have taken a number of significant and beneficial actions to support and facilitate the orderly winddown of the Debtors&#8217; businesses in exchange for the Debtors agreeing to provide the PBI Released Parties with a full and
          final release pursuant to the terms of this Agreement, including the following:&#160; (a)(i)&#160;agreeing to significant concessions with the JPM Agent, including a reduction to, and availability of, PBI&#8217;s revolving credit facility, and (ii)&#160;agreeing to
          enter into an amendment to the JPM Secured Debt Facility to remove all liens and claims from the Debtors&#8217; property associated with the JPM Secured Debt Facility; (b)&#160;agreeing to enter into a series of transactions with the Oaktree Noteholders
          (the &#8220;<font style="font-family: 'Times New Roman';"><u>Oaktree Transactions</u></font>&#8221;) whereby the Oaktree Noteholders will&#160;(i)&#160;retain a $3,300,000 secured claim in connection with entry into a secured senior takeback note between OPPS XI PTBW
          Holdings, L.P. and OPPS XII PTBW Holdings, L.P., each a Delaware limited partnership, and the Debtors (the &#8220;<font style="font-family: 'Times New Roman';"><u>New Takeback Note</u></font>&#8221;), (ii)&#160;consent to the DIP Financing (as defined below), use
          of cash collateral (as defined in section 363(a) of the Bankruptcy Code), and the subordination of their Claims (as defined below) against the Debtors arising under the New Takeback Note to the DIP Claim (as defined below), and (iii)&#160;support the
          Debtors&#8217; Chapter 11 Cases and chapter 11 plan pursuant to the terms and conditions of the RSA (as defined below); (c)(i)&#160;effectuating the release of the Debtors as guarantors under the Unsecured Notes Indentures, and (ii)&#160;agreeing to deliver to
          the trustees under the Unsecured Notes Indentures notices of such election to release; (d)&#160;agreeing to the foregoing items in clauses (a) through (c) hereof, which will have the effect of releasing the Debtors from liability, with the PBI
          Entities retaining 100 percent of the liabilities, associated with the JPM Secured Debt Facility, the NPA Secured Debt Facility, and those certain notes due 2027 and 2029 issued under the Unsecured Notes Indentures, as applicable; and (e)
          agreeing to (i)&#160;provide DIP Financing to the Debtors, (ii)&#160;enter into the SSA (as defined below) to provide certain corporate and transition services to the Debtors, and (iii)&#160;support the Debtors&#8217; Chapter 11 Cases and chapter 11 plan pursuant to
          the terms and conditions of the RSA, including providing a guaranteed recovery to certain holders of Claims not entitled to priority of payment and not otherwise likely to receive any recovery on account of their Claims under a chapter 11 plan or
          a chapter 7 liquidation;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, in light of the
            foregoing actions taken and agreed to by the PBI Entities, the Debtors have been removed from funded obligations totaling approximately $1.713 billion;</font></div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, the Parties have engaged in good-faith and arms-length negotiations with each other
          and have agreed to a settlement of the Potential Claims and to provide for other consideration, releases, and covenants on the terms and conditions set forth herein; and</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">WHEREAS</font><font style="font-size: 10pt;">, the Debtors have determined that the settlement and release reflected in this
          Agreement is in the best interests of the Debtors&#8217; Estates (as defined below) and their respective stakeholders and creditors.</font></div>
      <div>&#160;</div>
      <div style="text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">NOW, THEREFORE</font><font style="font-size: 10pt;">, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
          the Parties agree as follows:</font></div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">ARTICLE I.</div>
      <div style="text-align: center; font-weight: bold;"><u>DEFINITIONS, RULES OF CONSTRUCTION</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_1.1_Definitions.__For_purposes_o"></a>Section 1.1&#160; <u>Definitions</u>. For purposes of this Agreement, the following terms shall have the meanings ascribed to them in this <u>Article






          I</u>:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Affiliate(s)</u></font>&#8221; means, with respect to any specified Entity: (a) an
          &#8220;affiliate,&#8221; as defined in section 101(2) of the Bankruptcy Code, of such specified Entity as if such specified Entity were a debtor in a case under the Bankruptcy Code; or (b) any other Entity that, directly or indirectly through one or more
          intermediaries or otherwise, controls, is controlled by or is under common control with the specified Entity.&#160; As used in clause (b) of the prior sentence, &#8220;control&#8221; includes (without limitation) the possession, directly or indirectly, of the
          power to direct or cause the direction of the management or policies of the specified Entity (whether through the ownership of equity, by contract or otherwise).</div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Agreement</u>&#8221; has the meaning set forth in the preamble.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Approved Plan</u>&#8221; has the meaning set forth in the RSA.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Bankruptcy Code</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Bankruptcy Court</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">4</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Chapter 11 Cases</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Claim(s)</u>&#8221; has the meaning set forth in section 101(5) of the Bankruptcy Code.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Debtor Released Claims</u>&#8221; has the meaning set forth in Section 4.1 hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Debtor Releasing Parties</u>&#8221; has the meaning set forth in Section 4.1 hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Debtors</u>&#8221; has the meaning set forth in the preamble.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>DIP Claim</u>&#8221; means all Claims held by a DIP Lender on account of, arising under, or relating to the DIP Financing, including the loans extended pursuant to the DIP Note and the DIP Documents.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>DIP Documents</u>&#8221; means the DIP Note, all other loan and collateral documentation related to the DIP Financing, and any interim or final order of the Bankruptcy Court approving the DIP
        Financing.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>DIP Financing</u>&#8221; means the debtor-in-possession financing proposed to be provided by PBIH to the Debtors pursuant to the DIP Note and other DIP Documents, consisting of commitments in an
        aggregate principal amount of up to $47 million.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>DIP Lender</u>&#8221; means PBIH in its capacity as lender under the DIP Note.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>DIP Note</u>&#8221; has the meaning set forth in Section 2.1(e) hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>DRF</u>&#8221; has the meaning set forth in the preamble.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>DRF Logistics</u>&#8221; has the meaning set forth in the preamble.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>DRF Logistics Board</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Entity</u>&#8221; has the meaning set forth in section 101(15) of the Bankruptcy Code.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Estate</u>&#8221; means, as to each Debtor, the estate created in its Chapter 11 Case pursuant to section 541 of the Bankruptcy Code.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Execution Date</u>&#8221; means the earliest date on which this Agreement has been signed by all of the Parties.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Existing NPA Secured Debt Facility</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Governmental Body</u>&#8221; means any foreign, federal, state, municipal or other government, or other department, commission, board, bureau, agency, public authority or instrumentality thereof or
        any other court or arbitrator.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Independent Investigation</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Intercompany Note</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">5</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>JPM Agent</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>JPM Secured Debt Facility</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Letter Agreement</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>New Takeback Note</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Oaktree Noteholders</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Oaktree Transactions</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Party</u>&#8221; has the meaning set forth in the preamble.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>PBI</u>&#8221; has the meaning set forth in the preamble.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>PBI Entities</u>&#8221; has the meaning set forth in the preamble.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>PBI Released Parties</u>&#8221; has the meaning set forth in Section 4.1 hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>PBIH</u>&#8221; has the meaning set forth in the preamble.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Person</u>&#8221; means an individual, corporation, partnership, joint venture, association, joint stock company, limited liability company, limited liability partnership, trust, estate,
        unincorporated organization, governmental unit (as defined in section 101(27) of the Bankruptcy Code), or other Entity.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Plan</u>&#8221; has the meaning set forth in Section 2.1(d) hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Potential Claims</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Prepetition Unsecured Claims</u>&#8221; means all unsecured Claims held by the PBI Entities and their Affiliates against the Debtors, including any Claim arising under or on account of the Term Loan
        Agreement, the Intercompany Note, and the Letter Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Representatives</u>&#8221; means, with respect to any Person, all present and former attorneys, accountants, investment bankers, consultants, professional advisors, independent auditors, trustees,
        fiduciaries, agents, fund advisors, investment managers, investment advisors, sub-advisors, and sub-managers, and other professionals, and each of their respective current and former officers, directors, principals, equity holders (regardless
        whether such interests are held directly or indirectly), members, partners (including both general and limited partners), managers, employees, agents, and advisory board members of such Person.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>RSA</u>&#8221; has the meaning set forth in Section 2.1(d) hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Settlement Approval Date</u>&#8221; means the date on which the Bankruptcy Court enters an order approving this Agreement pursuant to rule 9019 of the Federal Rules of Bankruptcy Procedure (which may
        be the order confirming an Approved Plan).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">6</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>SSA</u>&#8221; has the meaning set forth in Section 2.1(f) hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Term Loan Agreement</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">&#8220;<u>Unsecured Notes Indentures</u>&#8221; has the meaning set forth in the recitals.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.2.&#160;&#160; The following provisions shall be applied wherever appropriate herein:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;herein,&#8221; &#8220;hereby,&#8221; &#8220;hereunder,&#8221; &#8220;hereof&#8221; and other equivalent words shall refer to this Agreement as an entirety and not solely to the particular portion of this Agreement in which any
        such word is used;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; all definitions set forth herein shall be deemed applicable whether the words defined are used herein in the singular or the plural;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160; wherever used herein, any pronoun or pronouns shall be deemed to include both the singular and plural and to cover all genders;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160; neither this Agreement nor any other agreement, document or instrument referred to herein or executed and delivered in connection herewith shall be construed against any Party as the
        principal draftsperson hereof or thereof;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(e)&#160;&#160;&#160;&#160;&#160; &#160; the descriptive headings of this Agreement are inserted for convenience of reference only and do not constitute a part of and shall not be utilized in interpreting this Agreement;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(f)&#160;&#160;&#160;&#160; &#160;&#160; any references herein to a particular Article or Section means an Article or Section of this Agreement unless another agreement is specified;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160; all references to &#8220;$&#8221; shall mean United States Dollars; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(h)&#160;&#160; &#160; &#160; whenever the word &#8220;include&#8221;, &#8220;includes&#8221; or &#8220;including&#8221; is used in this Agreement, it shall be deemed to be followed by the words &#8220;without limitation&#8221;, whether or not they are in fact
        followed by those words or words of like import.</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">ARTICLE II.</div>
      <div style="text-align: center; font-weight: bold;"><u>PBI ENTITIES&#8217; OBLIGATIONS</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.1&#160; <u>Execution Date Obligations</u>.&#160; At the request of the Debtors, and in exchange for consideration, releases, and covenants of the Debtors, as set forth more fully in <u>Article
          III</u> hereof, and upon occurrence of the Execution Date, the PBI Entities hereby agree to the following:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160; PBI shall enter into the necessary amendments and documents to effectuate the release of the Debtors from any liability, including any liens or claims, in connection with the JPM Secured
        Debt Facility;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">7</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;">(b)&#160;&#160; &#160; &#160; PBI shall enter into the necessary amendments and documents to effectuate the Oaktree Transaction, subject to and in accordance with the terms and conditions set forth in the RSA and the
        New Takeback Note;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(c)&#160; &#160; &#160;&#160; PBI shall deliver to the trustees under the Unsecured Notes Indentures the necessary notices of election to effectuate the release of the Debtors from any liability in connection with the
        Unsecured Notes Indentures;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160; PBI and PBIH shall enter into that certain Restructuring Support Agreement, dated August 8, 2024, a copy of which is attached hereto as <u>Exhibit A</u> (as amended, restated, amended
        and restated, supplemented, or otherwise modified from time to time, the &#8220;<u>RSA</u>&#8221;), and support the Chapter 11 Cases subject to and in accordance with the terms and conditions set forth in the RSA, including the proposed chapter 11 plan of
        liquidation attached to the RSA as <u>Exhibit A</u> (the &#8220;<u>Plan</u>&#8221;) or any Approved Plan (as that term is defined in the RSA);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160; PBIH shall enter into that certain Debtor In Possession Secured Multi-Draw Term Promissory Note, dated as of August 8, 2024, a copy of which is attached hereto as <u>Exhibit B</u> (as
        amended, restated, supplemented, or otherwise modified from time to time, the &#8220;<u>DIP Note</u>&#8221;), and, subject to entry of the Bankruptcy Court&#8217;s orders approving the DIP Financing, provide to the Debtors DIP Financing, subject to and in accordance
        with the terms and conditions set forth in the DIP Note and the other DIP Documents;<br>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160; PBI shall enter into that certain Shared Services Agreement, dated as of August 8, 2024, a copy of which is attached hereto as <u>Exhibit C</u> (as amended, restated supplemented, or
        otherwise modified from time to time, the &#8220;<u>SSA</u>&#8221;), and continue to provide certain corporate and operational services that PBI and certain of its non-Debtor Affiliates have historically provided to the Debtors in connection with the orderly
        winddown of the Debtors&#8217; respective businesses in the Chapter 11 Cases, subject to and in accordance with the terms and conditions set forth in the SSA and the Bankruptcy Court&#8217;s order approving the SSA; and<br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;">
        <div><br>
        </div>
        <div>(g)&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>the PBI Entities shall resolve, reconcile, cancel, and/or extinguish, as applicable, any existing account balances between the PBI Entities and the Debtors.</u></font>
          <div>&#160;</div>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.2 <u>Settlement Approval Date Obligations</u>.&#160; At the request of the Debtors, and in exchange for consideration, releases, and covenants of the Debtors, as set forth more fully in <u>Article






          III</u> hereof, and upon occurrence of the Settlement Approval Date, the PBI Entities hereby agree to the following:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; PBIH will consent to the treatment of its DIP Claim as set forth in the Plan or in any Approved Plan; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the PBI Entities will consent to the treatment of their respective Prepetition Unsecured Claims as set forth in the Plan or in any Approved Plan.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">8</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">ARTICLE III.</div>
      <div style="text-align: center; font-weight: bold;"><u>DEBTORS&#8217; OBLIGATIONS</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.1&#160;&#160; <u>Execution Date Obligations</u>.&#160; In exchange for the PBI Entities&#8217; concessions and other consideration set forth in <u>Article II</u> hereof, and upon occurrence of the Execution
        Date, the Debtors hereby agree to the following:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Debtors shall enter into the necessary amendments and documents to effectuate their release from any liability, including any liens or claims, in connection with the JPM Secured Debt
        Facility;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Debtors shall enter into the necessary amendments and documents to effectuate the Oaktree Transaction, including, among others, the New Takeback Note, subject to and in accordance
        with the terms and conditions set forth in the RSA and the New Takeback Note;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Debtors shall enter into the RSA and conduct their Chapter 11 Cases in accordance with and subject to the terms and conditions set forth in the RSA;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160; the Debtors shall enter into the DIP Note and perform their obligations thereunder, subject to and in accordance with the terms and conditions set forth in the DIP Note and any other DIP
        Documents;<br>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160; the Debtors shall enter into the SSA to facilitate the orderly winddown of their businesses and to liquidate certain property and contracts on behalf of PBI in exchange for the
        consideration set forth in the SSA, subject to and in accordance with the terms and conditions set forth in the SSA and the Bankruptcy Court&#8217;s order approving the SSA; and<br>
      </div>
      <div>&#160;</div>
      <div style="text-indent: 72pt;">
        <div style="text-align: justify;"> (f)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Debtors shall resolve, reconcile, cancel, and/or extinguish, as applicable, any existing account balances between the Debtors and the PBI Entities, as applicable.
          <div>&#160;</div>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.2&#160; <u>Settlement Approval Date Obligations</u>.&#160; In exchange for the PBI Entities&#8217; concessions and other consideration set forth in <u>Article II</u> hereof, and upon the occurrence of
        the Settlement Approval Date, the Debtors hereby agree to and shall grant to the PBI Released Parties the releases set forth in <u>Article IV</u> hereof (without further action by any Party or the Bankruptcy Court) and, to the extent the Plan is
        confirmed, the releases set forth in Section 11.6(a) of the Plan or the corresponding section(s) of any Approved Plan.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">9</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">ARTICLE IV.</div>
      <div style="text-align: center; font-weight: bold;"><u>RELEASE</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 4.1&#160;&#160; <u>Released Claims</u>.&#160; Except as expressly set forth herein, effective on the Settlement Approval Date, and without further action by any Party, Person, or Entity, for good and
        valuable consideration provided by each of the PBI Entities, including all of the concessions and consideration set forth in <u>Article II</u> hereof, the adequacy of which is hereby confirmed, the Debtors, the Estates, and any of their respective
        successors, assigns, winddown estates, liquidating agents, Estate representative(s) appointed or selected pursuant to section 1123(b)(3) of the Bankruptcy Code, and/or any other Persons claiming by, under or through them (collectively, the &#8220;<u>Debtor






          Releasing Parties</u>&#8221;) shall be deemed to irrevocably and unconditionally, fully, finally, and forever waive, release, acquit, and discharge the PBI Entities, their Affiliates, and each of their respective successors, assigns, and
        Representatives (excluding the Debtors) (collectively, the &#8220;<u>PBI Released Parties</u>&#8221;) from any and all Claims or causes of action (whether direct, indirect, or derivative) that any of the Debtor Releasing Parties have against them, including
        any and all Claims, counterclaims, cross-claims, causes of action, disputes, suits, costs, debts, liabilities, obligations, rights, remedies, defenses, dues, setoffs, recoupments, sums of money, accounts, reckonings, bonds, bills, covenants,
        contracts, controversies, agreements, promises, damages, judgments, executions and demands whatsoever, of whatever kind or nature, whether known or unknown, suspected or unsuspected, foreseen or unforeseen, matured or unmatured, liquidated or
        unliquidated, fixed or contingent, accrued or unaccrued, currently existing or arising in the future, based in whole or in any part on acts, omissions, transactions, or transfers occurring on or before the Settlement Approval Date, in law, equity,
        contract, tort, or otherwise, whether arising under federal or state statutory or common law, or any other applicable international, foreign, or domestic law, rule, statute, regulation, treaty, right, duty, requirement, or otherwise, including, in
        each case, without limitation, any and all Claims or causes of action for contractual indemnification, contribution, equitable indemnification, reimbursement, subrogation, breach of contract and other similar rights, any and all Claims or causes of
        action to avoid, invalidate, or recover any transfer of any kind made by any Debtor, or any obligation of any Debtor, including under Chapter 5 of the Bankruptcy Code or other applicable non-bankruptcy law, including any state or foreign law
        governing fraudulent or otherwise avoidable obligations, transfers, or conveyances, any and all Claims or causes of action under or based on a theory of veil piercing, alter-ego, vicarious liability, predecessor liability, successor liability, mere
        continuation, domination and control, mere instrumentality, inadequate capitalization, single business enterprise or common enterprise, equitable subordination or recharacterization, and any and all Claims or causes of action which any of the
        Debtor Releasing Parties have, had, may have, or may claim to have against any of the PBI Released Parties (the &#8220;<u>Debtor Released Claims</u>&#8221;).&#160; The Debtor Releasing Parties hereby agree and covenant not to assert or prosecute, or assist or
        otherwise aid any other Person or Entity in the assertion or prosecution of, any Debtor Released Claims against any or all of the PBI Released Parties.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 4.2 <u>No Reliance And No Duty To Disclose</u>.&#160; Each of the Parties hereto represents, agrees, and acknowledges that (a) except as expressly provided in this Agreement, no other Party
        hereto has warranted or otherwise made any representations to it concerning any Debtor Released Claim (including any representation concerning the existence, nonexistence, validity or invalidity of any Debtor Released Claim), (b) except as
        expressly provided in this Agreement, it has not relied on any representations or warranties provided by any other Party, in providing the releases and covenants not to sue in this <u>Article IV</u>, (c) the validity and effectiveness of the
        foregoing releases and covenants not to sue in this <u>Article IV</u> do not depend in any way on any representations or warranties of any other Party which are not contained in this Agreement or the accuracy, completeness or validity thereof, (d)
        no Party hereto has any duty to disclose or provide any facts or documents (whether material or immaterial, known or unknown, suspected or unsuspected) to it or any other Party, including any facts or documents which, if known by any Party, might
        have caused such Party not to execute and deliver this Agreement, and (d) each such release and covenant not to sue shall remain in full force and effect even if any facts or documents (whether material or immaterial, known or unknown, suspected or
        unsuspected, foreseen or unforeseen) were not disclosed or provided (whether intentionally, unintentionally or otherwise) by any Party to any other Party, which facts or documents, if known by such Party, might have caused such Party not to execute
        and deliver this Agreement. Nothing contained herein is intended to impair or otherwise derogate from any of the representations, warranties or covenants expressly set forth in this Agreement.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">10</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 4.3&#160; <u>No Admission</u>.&#160; Nothing in this Agreement shall be construed as an admission by any of the PBI Entities of the existence of any Debtor Released Claim or of any liability with
        respect to any or all of such Debtor Released Claims or any other past or future act, omission, fact, matter, transaction or occurrence.</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">ARTICLE V.</div>
      <div style="text-align: center; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">To induce the other Parties hereto to enter into this Agreement, each Party hereto, severally and not jointly, represents and warrants (with respect to itself only) to the other Parties hereto as
        follows:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.1&#160;&#160; <u>Existence</u>. Such Party is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation or formation.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_3.2_Powers_Authorization_Enfor"></a>Section 5.2&#160;&#160; <u>Powers; Authorization; Enforceable Obligations</u>.&#160; Subject to Bankruptcy Court approval, such Party has the corporate,
        partnership, limited liability company or trust power and authority to execute, deliver and perform this Agreement and has taken all necessary corporate, partnership, trust or other action to authorize the execution, delivery and performance of
        this Agreement. This Agreement, constitutes the legal, valid and binding obligations of it, enforceable against it in accordance with the respective terms of such agreements and documents, subject to applicable bankruptcy, insolvency,
        reorganization, moratorium and other similar laws affecting the enforceability of creditors&#8217; rights generally.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_3.3_No_Conflict.__The_execution"></a>Section 5.3&#160; <u>No Conflict</u>.&#160; The execution, delivery and performance of this Agreement will not result in (a) a violation of or a
        conflict with any provision of the certificate or articles of incorporation, certificate of formation, by-laws, partnership agreement, limited liability company operating agreement, trust agreement, as applicable, or any other organizational or
        governing document of it, (b) to the best of its knowledge, a breach of, or a default under, any term or provision of any material contract, agreement, indebtedness, lease, encumbrance, commitment, license, franchise, permit, authorization or
        concession to which it is a party or by which it or any of its property is bound, or (c) a material violation by it of any law, rule or regulation or order, judgment, decree or other determination by any court or any other Governmental Body, in
        each case applicable to it or any of its property or to which it or any of its property is subject.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_3.4_Consents.__No_consent_appro"></a>Section 5.4&#160; <u>Consents</u>.&#160; No consent, approval or authorization of or declaration, filing or registration with, any Governmental Body or
        any other Person is required to be made or obtained by it in connection with the execution, delivery and performance of this Agreement, except for any such consents, approvals, authorizations, declarations, filings or registration which has been
        obtained, provided or otherwise satisfied prior to the Execution Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_3.5_No_Assignment.__Neither_it_n"></a><br>
      </div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">11</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.5&#160;&#160; <u>No Assignment</u>.&#160; Each Debtor (a) is the owner of the Debtor Released Claims to be compromised and released by it under this Agreement and (b) has not assigned, hypothecated or
        otherwise transferred (collaterally or otherwise) to any other Person any interest in any Debtor Released Claims to be compromised and released hereunder and to which its covenant not to sue set forth herein applies.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.6&#160;&#160; <u>Arm&#8217;s-Length</u>.&#160; This Agreement (a) is supported by valid and lawful consideration sufficient to make all aspects of this Agreement legally binding and enforceable on and after
        the Execution Date and (b) has been entered into in good faith, as a result of arm&#8217;s-length negotiations, and represents a fair, reasonable, proportionate, and good faith compromise and settlement.</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"><a name="Section_3.6_No_Proceedings.__No_litigati"></a>ARTICLE VI.</div>
      <div style="text-align: center; font-weight: bold;"><u>MISCELLANEOUS</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.1_Effectiveness.__This_Agreeme"></a>Section 6.1&#160; <u>Effectiveness</u>.&#160; This Agreement and the Parties&#8217; respective obligations hereunder shall become effective and binding on
        all Parties on the Execution Date in accordance with the terms and conditions set forth herein.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.2_Amendments_Waivers.__No_ter"></a>Section 6.2 <u>No Admissions; No Waivers of Privilege</u>.&#160; Nothing in this Agreement, or in any negotiations, discussions, correspondence, or
        other materials of any kind relating to this Agreement or relating to the negotiation of this Agreement, shall be construed as an admission by any Party with respect to any matter or any factual or legal issue of any kind, including the existence
        of any Debtor Released Claim or of any liability with respect to any or all of such Debtor Released Claims or any other past or future act, omission, fact matter, transaction, or occurrence.&#160; To the extent the terms of this Agreement are not
        approved pursuant to Bankruptcy Court order, all Parties&#8217; respective rights, claims, causes of action, and defenses shall be fully reserved and preserved.&#160; All communications (whether oral or in writing) between and/or among the Parties, their
        counsel, and/or their respective representatives relating to, concerning, or in connection with this Agreement, or the matters covered hereby and thereby, shall be governed and protected in accordance with the Federal Rule of Evidence 408 and state
        law equivalents to the fullest extent permitted by law.&#160; Nothing in this Agreement waives or shall be deemed to waive any Party&#8217;s work-product protection or right to claim the protections of any applicable privilege, including attorney-client
        privilege, common-interest privilege, or mediation privilege.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.3&#160;&#160; <u>Amendments; Waivers</u>.&#160; No term or provision of this Agreement may be amended, modified or waived except in a writing signed by all of the Parties hereto.&#160; No waiver of any of
        the provisions of this Agreement shall be deemed or constitute a waiver of any other provision of this Agreement, whether or not similar, nor shall any waiver be deemed a continuing waiver. The failure of any Party hereto to exercise any right,
        power, or remedy provided under this Agreement or otherwise available in respect hereof at law or in equity, or to insist upon compliance by any other Party hereto with its obligations hereunder, and any custom or practice of the Parties at
        variance with the terms hereof, shall not constitute a waiver by such Party of its right to exercise any such or other right, power, or remedy or to demand such compliance.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">12</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.4&#160; <u>Reservation of Rights</u>.&#160; Nothing in this Agreement is meant to prejudice any of the Parties&#8217; claims, defenses, or rights against any Entity that is not a PBI Released Party
        under this Agreement, and the Parties expressly reserve any and all claims, defenses, and rights, at law and equity, that they may have against any Entity that is not a PBI Released Party without prejudice whatsoever.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.3_Successors_And_Assigns_Thir"></a>Section 6.5&#160;&#160; <u>Successors And Assigns; Third Party Beneficiaries</u>.&#160; This Agreement shall be binding upon and inure to the benefit of the
        Parties hereto; all PBI Released Parties and their respective successors and permitted assigns; any chapter 11 or chapter 7 trustee of any or all of the Debtors; any successor trustee; and the Estates of any or all of the Debtors and any of their
        respective successors, winddown estates, liquidating agents, Estate representative(s) appointed or selected pursuant to section 1123(b)(3) of the Bankruptcy Code, and/or any other Persons claiming by, under or through them.&#160; Without in any manner
        limiting the scope, extent, or effect of the foregoing, neither this Agreement nor any of the rights or obligations hereunder may be assigned by any Party hereto, without the prior written consent of the other Parties hereto, and then only to a
        Person who has agreed in writing to be bound by the provisions of this Agreement in its entirety without revision. Any PBI Released Party who is not named as a Party hereto shall have the rights of an intended third-party beneficiary with respect
        to the provisions of this Agreement.&#160; Except as set forth in this <u>Section 6.5</u>, no other Person not a Party hereto shall be deemed a third-party beneficiary of any provision of this Agreement or shall otherwise be entitled to enforce any
        provision hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.4_Counterparts.__This_Agreemen"></a>Section 6.6&#160;&#160;&#160; <u>Counterparts</u>.&#160; This Agreement may be executed and delivered in any number of counterparts, each of which when so
        executed and delivered shall be deemed an original, but all such counterparts shall constitute one and the same instrument, and all signatures need not appear on any one counterpart. The Parties agree that this Agreement will be considered signed
        by a Party when the signature of such Party is delivered to the other Parties by electronic mail transmission in portable document format (pdf). Such electronic mail signature shall be treated in all respects as having the same effect as an
        original signature.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.5_Headings.__Section_headings_"></a>Section 6.7&#160;&#160; <u>Headings</u>.&#160; Section headings in this Agreement are included herein for convenience of reference only and shall not
        constitute a part of this Agreement for any other purposes.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.6_Notices.__All_notices_reque"></a>Section 6.8&#160;&#160; <u>Notices</u>.&#160; All notices, requests, and other communications hereunder must be in writing and shall be deemed effective upon
        actual receipt if delivered personally; upon delivery if delivered via e-mail; on the date receipt is acknowledged or refused if mailed by certified mail, postage prepaid, return receipt requested; on the next business day if by overnight delivery
        by a nationally recognized, reputable, overnight courier; and in any case shall be addressed to the parties at the following addresses or facsimile numbers:</div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z275099ce8aa7497384ea5df6e2603050">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top;">(a)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div>if to the Debtors, to:</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 108pt;"><a name="z_Hlk172137348"></a>Weil, Gotshal &amp; Manges LLP</div>
      <div style="text-align: justify; margin-left: 108pt;">767 Fifth Avenue</div>
      <div style="text-align: justify; margin-left: 108pt;">New York, New York 10153</div>
      <div style="text-align: justify; margin-left: 108pt;">Attn: Ray Schrock; Ronit Berkovich</div>
      <div style="margin-left: 108pt;">E-mail: ray.schrock@weil.com; ronit.berkovich@weil.com; </div>
      <div style="margin-left: 108pt;">lauren.tauro@weil.com; alex.cohen@weil.com</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">13</font></div>
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        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z438d783e98024873976e9b5f668f7f80">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top;">(b)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div>if to the PBI Entities, to:</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 108pt;">Vinson &amp; Elkins LLP</div>
      <div style="text-align: justify; margin-left: 108pt;">1114 Avenue of the Americas, 32nd Floor</div>
      <div style="text-align: justify; margin-left: 108pt;">New York, New York 10036</div>
      <div style="margin-left: 108pt;">Attn: David Meyer; George Howard; Steven Zundell</div>
      <div style="margin-left: 108pt;">Email: dmeyer@velaw.com; ghoward@velaw.com; szundell@velaw.com</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.7_Entire_Agreement.__This_Agre"></a>Section 6.9&#160; <u>Entire Agreement</u>.&#160; This Agreement, including all the exhibits hereto, contains the entire understanding of the Parties
        with respect to the matters set forth herein and supersede all prior agreements, covenants, arrangements, communications, representations or warranties made with respect to such matters, whether oral or written, by the Parties hereto or by any
        officer, employee or representative of any Party.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.8_Further_Assurances.__At_all_"></a><a name="Section_4.9_Parties_Use_Of_Legal_Counse"></a>Section 6.10 <u>Parties&#8217; Use Of Legal Counsel And Construction Of Agreement</u>.&#160; Each
        of the Parties represents to each other Party hereto that it has discussed this Agreement with its counsel. This Agreement has been prepared through the joint efforts of all of the Parties. Neither the provisions of this Agreement nor any alleged
        ambiguity shall be interpreted or resolved against any Party on the ground that such Party&#8217;s counsel drafted this Agreement, or based on any other rule of strict construction. Each of the Parties hereto represents and declares that such Party has
        carefully read this Agreement, and that such Party knows the contents hereof and signs the same freely and voluntarily. The Parties hereby acknowledge that they have been represented by legal counsel of their own choosing in negotiations for and
        preparation of this Agreement and that each of them has read the same and had their contents fully explained by such counsel and is fully aware of their contents and legal effect.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.10_Severability.__If_any_porti"></a>Section 6.11&#160; <u></u><u>Severability</u>.&#160; The terms and provisions of this Agreement, the RSA, the SSA, and the DIP Note are an integrated,
        essential and non-severable part of this Agreement.&#160; If any term or provision of this Agreement, the RSA, the SSA, or the DIP Note shall be held to be invalid, unenforceable, void or voidable, or violative of applicable law, the remaining portions
        of this Agreement, the RSA, the SSA, and the DIP Note, as applicable, shall nevertheless remain in full force and effect so long as the economic and legal substance of the transactions contemplated hereby is not affected in any manner materially
        adverse to the Parties.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.11_Specific_Performance.__Each"></a>Section 6.12 <u>Specific Performance</u>.&#160; Each of the Parties hereto acknowledges and agrees that the other Parties hereto and all PBI
        Released Parties hereunder would be irreparably damaged in the event any of the provisions of this Agreement are not performed in accordance with their specific terms or otherwise are breached, and that there is no adequate remedy at law with
        respect to any such breach. Accordingly, each of the Parties and their respective successors and permitted assigns agrees that the other Parties, all PBI Released Parties hereunder or their respective successors and permitted assigns shall, in
        addition to any other remedy to which they may be entitled, at law or in equity, be entitled to injunctive or other relief, including an order of the Bankruptcy Court or other court of competent jurisdiction, to prevent breaches or alleged or
        threatened breaches of the provisions of this Agreement and to specifically enforce this Agreement and the terms and provisions hereof.</div>
      <div>&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">Section 6.13 Termination. The PBI Entities may terminate this Agreement upon the Debtors&#8217; failure to comply with any of their respective
          obligations hereunder, including, for the avoidance of doubt, granting the releases of the PBI Released Parties as set forth herein and obtaining approval of this Agreement by the Bankruptcy Court by November 15, 2024. Upon such termination, all
          of the PBI Entities&#8217; obligations hereunder shall be void ab initio, and the PBI Entities shall be entitled to seek any and all damages against the Debtors to which they may be entitled at law or in equity.</div>
        <div>&#160;</div>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">14</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.14 <u>Governing Law; Submission to Jurisdiction</u>.&#160; This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to such
        state&#8217;s choice of law provisions which would require the application of the law of any other jurisdiction. By its execution and delivery of this Agreement, each of the Parties hereto irrevocably and unconditionally agrees for itself that any legal
        action, suit or proceeding against it with respect to any matter arising under or arising out of or in connection with this Agreement or for recognition or enforcement of any judgment rendered in any such action, suit or proceeding, to the extent
        possible, shall be brought in the Bankruptcy Court and, by execution and delivery of this Agreement, each of the Parties hereto irrevocably accepts and submits itself to the exclusive jurisdiction of the Bankruptcy Court with respect to any such
        action, suit or proceeding, agrees that it shall bring any action, suit or proceeding relating to this Agreement in the Bankruptcy Court, and consents to the entry of final orders and judgments in any such action, suit, or proceeding by the
        Bankruptcy Court.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><a name="Section_4.13_WAIVER_OF_RIGHT_TO_JURY_TRI"></a>Section 6.15&#160; <u>WAIVER OF RIGHT TO JURY TRIAL</u>.&#160; EACH OF THE PARTIES TO THIS AGREEMENT HEREBY IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY
        JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT.</div>
      <div>&#160;</div>
      <div style="text-align: center; font-style: italic;">[Remainder of Page Intentionally Left Blank]</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="width: 100%;" class="BRPFPageFooter"></div>
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">15</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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        <div style="width: 100%;" class="BRPFPageHeader"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;">IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed and delivered by their respective duly authorized officers, solely in their respective capacity as officers of the
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<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>ef20033689_ex10-4.htm
<DESCRIPTION>EXHIBIT 10.4
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      <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">EXHIBIT A</div>
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      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">CITIZENS BANK, N.A.</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">RBC CAPITAL MARKETS<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> and</div>
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        <div style="text-align: left; font-family: 'Times New Roman';"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.</div>
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                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Defined Terms</div>
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                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">76</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 1.07.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Divisions</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">77</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 1.08.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Interest Rates; Benchmark Notification</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">77</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 1.09.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Permitted Foreign Currency Calculations</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">78</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 1.10.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Release of Specified GEC Entities</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">78</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;" rowspan="1" colspan="3">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-variant: small-caps;">ARTICLE II The Credits</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.01.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Commitments</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">78</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.02.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Loans and Borrowings</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">78</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.03.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Requests for Borrowings</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">79</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.04.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">[Reserved]</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">80</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.05.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Letters of Credit</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">80</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.06.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Funding of Borrowings</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">87</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.07.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Interest Elections</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">87</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.08.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Termination and Reduction of Commitments</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">89</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.09.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Repayment of Loans; Evidence of Debt</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">89</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.10.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Amortization of Tranche A Term Loans</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">90</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.11.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Prepayment of Loans</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">93</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.12.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Fees</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">97</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.13.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Interest</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">98</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.14.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Alternate Rate of Interest</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">98</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.15.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Increased Costs</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">101</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.16.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Break Funding Payments</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">103</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.17.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Taxes</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">103</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.18.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Payments Generally; Pro Rata Treatment; Sharing of Setoffs</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">107</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.19.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Mitigation Obligations; Replacement of Lenders</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">108</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.20.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Defaulting Lenders</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">109</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.21.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Incremental Extensions of Credit</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">112</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.22.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Extension of Maturity Date</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">116</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.23.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Refinancing Facilities</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">118</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;" rowspan="1" colspan="3">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-variant: small-caps;">ARTICLE III Representations and Warranties</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.01.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Organization; Powers</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">119</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.02.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Authorization; Due Execution and Delivery; Enforceability</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">120</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.03.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Governmental Approvals; No Conflicts</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">120</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.04.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Financial Condition; No Material Adverse Change</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">120</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.05.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Properties</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">120</div>
                </td>
              </tr>

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            <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">i</font></div>
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              <hr noshade="noshade" style="border-width: 0px; clear: both; margin-top: 4px; margin-bottom: 4px; width: 100%; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0);"></div>
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              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.06.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Litigation and Environmental Matters</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">121</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.07.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Compliance with Laws</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">121</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.08.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Sanctions; Anti-Corruption Laws</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">121</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.09.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Investment Company Status</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">122</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.10.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Federal Reserve Regulations</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">122</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.11.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Taxes</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">122</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.12.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">ERISA</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">122</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.13.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Disclosure</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">122</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.14.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Subsidiaries</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">123</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.15.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Solvency</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">123</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.16.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Collateral Matters</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">123</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1" colspan="3">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-variant: small-caps;">ARTICLE IV Conditions</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 4.01.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Closing Date</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">124</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 4.02.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Each Credit Event</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">126</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;" rowspan="1" colspan="3">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-variant: small-caps;">ARTICLE V Affirmative Covenants</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.01.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Financial Statements and Other Information</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">127</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.02.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Notices of Material Events</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">129</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.03.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Information Regarding Collateral</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">129</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.04.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Existence; Conduct of Business</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">129</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.05.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">&#160;Payment of Taxes</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">130</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.06.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Maintenance of Properties</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">130</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.07.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Insurance</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">130</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.08.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">[Reserved]</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">130</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.09.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Books and Records; Inspection and Audit Rights</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">131</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.10.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Compliance with Laws</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">131</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.11.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Use of Proceeds; Letters of Credit</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">131</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.12.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Additional Subsidiaries</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">132</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.13.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Further Assurances</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">132</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.14.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Credit Ratings</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">133</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.15.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Post-Closing Date Matters</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">133</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.16.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Sixth Amendment Collateral Matters</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">133</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 5.17.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Account Control Agreements</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">134</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;" rowspan="1" colspan="3">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-variant: small-caps;">ARTICLE VI Negative Covenants</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.01.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Indebtedness; Certain Equity Securities</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">134</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.02.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Liens</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">140</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.03.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Fundamental Changes</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">144</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.04</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Investments, Loans, Advances, Guarantees and Acquisitions</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">145</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.05.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Asset Sales</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">150</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.06.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">&#160;Sale and Leaseback Transactions</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">152</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.07.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Hedging Agreements</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">152</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.08.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Restricted Payments; Certain Payments of Junior Indebtedness</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">152</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.09.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Transactions with Affiliates</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">155</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.10.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Restrictive Agreements</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">155</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.11.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Amendment of Material Documents, Etc.</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">156</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.12.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Consolidated Adjusted Interest Coverage Ratio</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">156</div>
                </td>
              </tr>

          </table>
          <div><br>
          </div>
          <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">ii</font></div>
            <div class="BRPFPageBreak" style="page-break-after: always;">
              <hr noshade="noshade" style="border-width: 0px; clear: both; margin-top: 4px; margin-bottom: 4px; width: 100%; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0);"></div>
          </div>
          <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.13.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Consolidated Adjusted Total Leverage Ratio</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">157</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.14.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Changes in Fiscal Periods</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">158</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.15.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Amendments to Indebtedness</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">158</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.16.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Existing Senior Notes</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">159</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.17.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Material Assets</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">159</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 6.18.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Minimum Liquidity</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">160</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;" rowspan="1" colspan="3">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-variant: small-caps;">ARTICLE VII Events of Default</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 7.01.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Events of Default</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">160</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 7.02.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Exclusion of Certain Subsidiaries</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">163</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1" colspan="3">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-variant: small-caps;">ARTICLE VIII The Administrative Agent</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 8.01.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Appointment and Other Matters</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">164</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 8.02.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Administrative Agent&#8217;s Reliance, Indemnification, Etc.</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">167</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 8.03.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Successor Administrative Agent</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">168</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 8.04.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Acknowledgements of Lenders and Issuing Banks</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">169</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 8.05.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Collateral Matters</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">170</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 8.06.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Certain ERISA Matters</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">172</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;" rowspan="1" colspan="3">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-variant: small-caps;">ARTICLE IX Miscellaneous</div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
                <td rowspan="1" style="width: 10%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.01.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Notices</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">173</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.02.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Waivers; Amendments</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">176</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.03.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Expenses; Indemnity; Damage Waiver</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">179</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.04.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Successors and Assigns</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">181</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.05.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Survival</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">185</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.06.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Counterparts; Integration; Effectiveness</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">186</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.07.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Severability</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">186</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.08.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Right of Setoff</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">186</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.09.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Governing Law; Jurisdiction; Consent to Service of Process</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">187</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.10.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">WAIVER OF JURY TRIAL</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">187</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.11.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Headings</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">188</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.12.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Confidentiality</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">188</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.13.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Interest Rate Limitation</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">189</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.14.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Release of Liens and Guarantees</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">189</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.15.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Certain Notices</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">190</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.16.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">No Fiduciary Relationship</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">190</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.17.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Non-Public Information</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">191</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.18.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Acknowledgement and Consent to Bail-In of Affected Financial Institutions</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">191</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.19.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Judgment Currency</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">192</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.20.</div>
                </td>
                <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Cashless Settlement</div>
                </td>
                <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">192</div>
                </td>
              </tr>
              <tr>
                <td style="width: 15%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 9.21.</div>
                </td>
                <td style="width: 75%; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Acknowledgement Regarding Any Supported QFCs</div>
                </td>
                <td style="width: 10%; vertical-align: top;">
                  <div style="text-align: right; font-family: 'Times New Roman'; font-size: 10pt;">192</div>
                </td>
              </tr>

          </table>
          <div> <br>
            <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'; font-size: 8pt; font-weight: normal; font-style: normal;">iii</font></div>
              <div style="page-break-after: always;" class="BRPFPageBreak">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>SCHEDULES</u></font><font style="font-size: 10pt;">:</font></div>
          </div>
        </div>
      </div>
      <div style="font-size: 10pt;"><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="zece21519e6fe44908499fd19d6f0e3a0">

          <tr>
            <td style="width: 100%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 1.01(a) &#8212; Limited Foreign Subsidiary Stock Pledges</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 1.01(b) &#8212; Excluded Subsidiaries</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 1.02 &#8212; Mortgaged Property</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 1.04 &#8212; Existing Letters of Credit</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 2.01 &#8212; Commitments and LC Commitments</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 2.05 &#8212; Specified GEC Letters of Credit</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 3.03 &#8212; Governmental Approvals; No Conflicts</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 3.14 &#8212; Subsidiaries</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 5.15 &#8212; Post-Closing Undertakings</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 5.16 &#8212; Sixth Amendment Collateral Matters</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 6.01 &#8212; Existing Indebtedness</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 6.01(d) &#8211; Specified Released Group Transactions</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 6.02 &#8212; Existing Liens</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 6.04 &#8212; Existing Investments</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 6.05 &#8212; Proposed Asset Sales</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Schedule 6.10 &#8212; Existing Restrictions</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>EXHIBITS</u></font><font style="font-size: 10pt;">:</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="font-size: 10pt;">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="z69da7db1eb4a4484ab3bc6378d44da7b">

            <tr>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit A</div>
              </td>
              <td style="width: 3%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of Assignment and Assumption</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit B</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">[Reserved]</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit C</div>
              </td>
              <td style="width: 3%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Collateral Agreement</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit D</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of Perfection Certificate</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit E</div>
              </td>
              <td style="width: 3%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Guarantee Agreement</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit F</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of Global Intercompany Note</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit G</div>
              </td>
              <td style="width: 3%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">[Reserved]</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit H</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">[Reserved]</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit I</div>
              </td>
              <td style="width: 3%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of Maturity Date Extension Request</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit J-1</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of U.S. Tax Compliance Certificate for Foreign Lenders that are not Partnerships for U.S. Federal Income Tax Purposes</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit J-2</div>
              </td>
              <td style="width: 3%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of U.S. Tax Compliance Certificate for Non-U.S. Participants that are not Partnerships for U.S. Federal Income Tax Purposes</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit J-3</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of U.S. Tax Compliance Certificate for Non-U.S. Participants that are Partnerships for U.S. Federal Income Tax Purposes</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit J-4</div>
              </td>
              <td style="width: 3%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of U.S. Tax Compliance Certificate for Foreign Lenders that are Partnerships for U.S. Federal Income Tax Purposes</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit K</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">[Reserved]</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit L</div>
              </td>
              <td style="width: 3%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of Solvency Certificate</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Exhibit M</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</div>
              </td>
              <td style="width: 87%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Form of Borrowing Request</div>
              </td>
            </tr>

        </table>
      </div>
      <br>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">iv</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <!--PROfilePageNumberReset%Num%1%%%-->
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">CREDIT AGREEMENT dated as of November 1, 2019 (this &#8220;<font style="font-family: 'Times New Roman';"><u>Agreement</u></font>&#8221;), among PITNEY BOWES
        INC., a Delaware corporation (&#8220;<font style="font-family: 'Times New Roman';"><u>Borrower</u></font>&#8221;), the LENDERS and ISSUING BANKS party hereto and JPMORGAN CHASE BANK, N.A., as Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">The Borrower has requested that (a) the Tranche A Term Lenders extend credit in the form of Tranche A Term Loans on the Closing Date to the Borrower
        in an aggregate principal amount equal to $400,000,000 and (b) the Revolving Lenders extend credit in the form of Revolving Loans and the Issuing Banks issue Letters of Credit, in each case at any time and from time to time during the Revolving
        Availability Period to the Borrower such that the Aggregate Revolving Exposure will not exceed (1) $500,000,000 at any time prior to the Seventh Amendment Effective Date and (2) $400,000,000 at any time from and after the Seventh Amendment
        Effective Date.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">The Net Proceeds of the Tranche A Term Facility, together with the proceeds of the Revolving Loans made on the Closing Date and cash on hand of the
        Borrower, will be used on the Closing Date to (i) refinance all outstanding obligations of the Borrower under the Borrower&#8217;s (x) Credit Agreement dated as of January 6, 2015, (y) Credit Agreement dated as of January 5, 2016 and (z) Credit Agreement
        dated as of August 30, 2017, including fees, breakage costs and cost reimbursements, (ii) pay fees and expenses related to the foregoing transactions and (iii) for general corporate purposes. The proceeds of the Revolving Loans made after the
        Closing Date will be used for working capital and other general corporate purposes (including acquisitions and other Investments and Restricted Payments permitted by this Agreement) of the Borrower and the Restricted Subsidiaries.&#160; Letters of
        Credit will be used by the Borrower and the Restricted Subsidiaries for general corporate purposes.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">The Lenders are willing to extend such credit to the Borrower, and the Issuing Banks are willing to issue Letters of Credit for the account of the
        Borrower, on the terms and subject to the conditions set forth herein.&#160; Accordingly, the parties hereto agree as follows:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">ARTICLE I</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>Definitions</u></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 72pt;">SECTION 1.01.&#160; <font style="font-family: 'Times New Roman';"><u>Defined Terms.</u></font>&#160; As used in this Agreement, the following terms have
          the meanings specified below:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>2024 Notes</u></font>&#8221; has the meaning assigned to such term in Section 2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>ABR</u></font>&#8221;, when used in reference to any Loan or Borrowing, refers to whether such Loan, or
        the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Alternate Base Rate.&#160; All ABR Loans shall be denominated in Dollars.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Acceptable Intercreditor Agreement</u></font>&#8221; means (i) the First Lien Intercreditor Agreement or
        (ii) a customary intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Additional Lender</u></font>&#8221; has the meaning assigned to such term in Section 2.21(c).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Adjusted Consolidated EBITDA</u></font>&#8221; means, for any period, Consolidated EBITDA for such
        period <font style="font-family: 'Times New Roman';"><u>minus</u></font> the Applicable Finance Interest Expense Amount for such period.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">1</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <!--PROfilePageNumberReset%Num%2%%%-->
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Adjusted Consolidated Interest Expense</u></font>&#8221; means, for any period, Consolidated Interest
        Expense for such period <font style="font-family: 'Times New Roman';"><u>minus</u></font> the Applicable Finance Interest Expense Amount for such period.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Adjusted Daily Simple RFR</u></font>&#8221; means, with respect to any RFR Borrowing denominated in
          Sterling, an interest rate per annum equal to the Daily Simple RFR for Sterling plus 0.0326%; <font style="font-family: 'Times New Roman';"><u>provided</u></font><font style="font-family: 'Times New Roman'; font-style: italic;">&#160;</font>that if
          the Adjusted Daily Simple RFR as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Adjusted Daily Simple SOFR</u></font>&#8221; means an interest rate per annum equal to (a) the Daily
        Simple SOFR, plus (b) 0.10%; <font style="font-family: 'Times New Roman';"><u>provided</u></font><font style="font-family: 'Times New Roman'; font-style: italic;">&#160;</font>that if Adjusted Daily Simple SOFR as so determined would be less than the
        Floor, such rate shall be deemed to be equal to the Floor&#160; for the purposes of this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Adjusted Term SOFR Rate</u></font>&#8221; means, with respect to any Term Benchmark Borrowing
        denominated in Dollars for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b)(i) with respect to a Borrowing of Tranche B Term Loans, (x) 0.11448% for a one-month Interest Period, (y)
        0.26161% for a three-month Interest Period and (z) 0.42826% for a six-month Interest Period and (ii) with respect to a Borrowing of any other Class, 0.10%;<font style="font-family: 'Times New Roman'; font-style: italic;">&#160;</font><font style="font-family: 'Times New Roman';"><u>provided</u></font><font style="font-family: 'Times New Roman'; font-style: italic;">&#160;</font>that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed
        to be equal to the Floor&#160; for the purposes of this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Administrative Agent</u></font>&#8221; means JPMCB (including its branches and affiliates), in its
        capacity as administrative agent and collateral agent hereunder and under the other Loan Documents, and its successors in such capacity as provided in Article VIII.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Administrative Questionnaire</u></font>&#8221; means an administrative questionnaire in a form supplied
        by the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Affected Financial Institution</u></font>&#8221; means (a) any EEA Financial Institution or (b) any UK
        Financial Institution.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Affiliate</u></font>&#8221; means, with respect to a specified Person, another Person that directly, or
        indirectly, Controls or is Controlled by or is under common Control with the Person specified.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Agreed Currencies</u></font>&#8221; means Dollars and each Permitted Foreign Currency.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Aggregate Revolving Commitment</u></font>&#8221; means, at any time, the sum of the Revolving
        Commitments of all the Revolving Lenders at such time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Aggregate Revolving Exposure</u></font>&#8221; means, at any time, the sum of the Revolving Exposures of
        all the Revolving Lenders at such time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Agreement</u></font>&#8221; has the meaning assigned to such term in the introductory statement to this
        Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Agreement Currency</u></font>&#8221; has the meaning assigned to such term in Section 9.19.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">2</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Alternate Base Rate</u></font>&#8221; means, for any day, a rate <font style="font-family: 'Times New Roman'; font-style: italic;">per annum</font> equal to the greatest of (a) the Prime Rate in effect on such day, (b) the NYFRB Rate in effect on such day plus &#189; of 1% and (c) the Adjusted Term SOFR Rate for a one month Interest Period as
        published two U.S. Government Securities Business Days prior to such day (or if such day is not a U.S. Government Securities Business Day, the immediately preceding U.S. Government Securities Business Day) plus 1%, <font style="font-family: 'Times New Roman';"><u>provided</u></font> that for the purpose of this definition, the Adjusted Term SOFR Rate for any day shall be based on the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, on such day (or any amended publication
        time for the Term SOFR Reference Rate, as specified by the CME Term SOFR Administrator in the Term SOFR Reference Rate methodology).&#160; Any change in the Alternate Base Rate due to a change in the Prime Rate, the NYFRB Rate or the Adjusted Term SOFR
        Rate shall be effective from and including the effective date of such change in the Prime Rate, the NYFRB Rate or the Adjusted Term SOFR Rate, respectively.&#160; If the Alternate Base Rate is being used as an alternate rate of interest pursuant to
        Section 2.14 hereof (for the avoidance of doubt, only until the Benchmark Replacement has been determined<font style="font-family: 'Times New Roman';"> pursuant to Section 2.14(b)</font>), then the Alternate Base Rate shall be the greater of
        clauses (a) and (b) above and shall be determined without reference to clause (c) above.&#160; For the avoidance of doubt, if the Alternate Base Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Alternative Incremental Facility Debt</u></font>&#8221; means any Indebtedness incurred by the Borrower
        in the form of (a) one or more series of senior secured notes, bonds or debentures and/or loans under a bridge facility described in the proviso below in this definition which convert or are to be exchanged into senior secured notes, bonds or
        debentures, in each case secured on a <font style="font-family: 'Times New Roman';"><u>pari</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>passu</u></font> basis with or junior basis to the Loans or senior unsecured notes or senior
        subordinated notes or senior unsecured or senior subordinated bridge facility or (b) one or more term loans secured on a junior basis to the Loans or unsecured; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (i) if such
        Indebtedness is secured, such Indebtedness shall be secured by the Collateral (x) on a <font style="font-family: 'Times New Roman';"><u>pari</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>passu</u></font> or junior basis (in the case
        of notes, bonds or debentures or loans under any bridge facility which convert or are to be exchanged into senior secured notes, bonds or debentures) or (y) on a junior basis (in the case of term loans), in each case with the Loan Document
        Obligations and is not secured by any property or assets of the Borrower or any Subsidiary other than the Collateral, (ii) such Indebtedness does not mature or have scheduled amortization or other scheduled payments of principal, and is not subject
        to any other mandatory redemption, repurchase, repayment or sinking fund obligation, in each case prior to the Latest Maturity Date (or in the case of Indebtedness secured on a junior basis to the Loan Document Obligations or unsecured
        Indebtedness, the date that is 90 days after the Latest Maturity Date) at the time such Indebtedness is incurred (except, in each case, (1) upon the occurrence of an event of default, a change in control, an event of loss or an asset disposition or
        (2) in the case of Indebtedness secured by the Collateral on a <font style="font-family: 'Times New Roman';"><u>pari</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>passu</u></font> basis with the Liens securing the Obligations, a
        prepayment or redemption obligation with the net proceeds of Indebtedness pursuant to a prepayment provision substantially corresponding to Section 2.11(c) (with respect to a Prepayment Event described in clause (c) of the definition thereof) and
        amortization not in excess of 1.00% per annum); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (x) the requirements set forth in this clause (ii) shall not apply to any Indebtedness consisting of a customary bridge
        facility so long as such bridge facility, subject to customary conditions, would either automatically be converted into or required to be exchanged for permanent refinancing that does not mature earlier than the Latest Maturity Date and (y) such
        Indebtedness may have &#8220;springing maturity&#8221; provisions that are not more favorable to the lenders or investors than those contained in this Agreement with respect to the Revolving Loans and Tranche A Term Loans, (iii) the provisions of any such
        Indebtedness (other than with respect to fees, call premium and interest rate), when taken as a whole, shall not be more favorable to the applicable lenders or creditors than those of the Term Loans (as reasonably determined in good faith by the
        Borrower) unless (x) the Lenders also receive the benefit of such more favorable terms or (y) such provisions apply after the Latest Maturity Date at the time (and in any event, shall not include any financial covenant unless the Lenders also
        receive the benefit of such financial covenant) and (iv) such Indebtedness is not guaranteed by, or has any obligors other than, the Loan Parties.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">3</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Anti-Corruption Laws</u></font>&#8221; means all laws, and regulations of any Governmental Authority
        applicable to the Borrower or any of its Subsidiaries from time to time concerning or relating to bribery or corruption.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Applicable Finance Interest Expense Amount</u></font>&#8221; means, for any period, the amount of
        financing interest expense for such period (as shown on the consolidated statement of income of the Borrower for such period).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Applicable Parties</u></font>&#8221; has the meaning given to such term in Section 9.01(d)(iii).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Applicable Percentage</u></font>&#8221; means, at any time with respect to any Revolving Lender, the
        percentage of the Aggregate Revolving Commitment represented by such Lender&#8217;s Revolving Commitment at such time (or, if the Revolving Commitments have terminated or expired, such Revolving Lender&#8217;s share of the total Revolving Exposure at that
        time); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, at any time any Revolving Lender shall be a Defaulting Lender, for purposes of Section 2.20(c)(ii), &#8220;Applicable Percentage&#8221; shall mean the percentage of the total
        Revolving Commitments (disregarding any such Defaulting Lender&#8217;s Revolving Commitment) represented by such Lender&#8217;s Revolving Commitment.&#160; If the Revolving Commitments have terminated or expired, the Applicable Percentages shall be determined based
        upon the Revolving Commitments most recently in effect, giving effect to any assignments of Revolving Loans and LC Exposures that occur after such termination or expiration and to any Lender&#8217;s status as a Defaulting Lender at the time of
        determination.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Applicable Rate</u></font>&#8221; means, for any day:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; with respect to (i) any Loan that is a Tranche A Term Loan or Revolving Loan and (ii) the commitment fees payable hereunder in respect of
          unfunded Revolving Commitments, the applicable rate per annum set forth below (x) with respect to any day prior to the Third Amendment Effective Date, in the table captioned &#8220;Prior to Third Amendment Effective Date&#8221; and (y) with respect to any
          day on or after the Third Amendment Effective Date, in the table captioned &#8220;On and After Third Amendment Effective Date&#8221;, in each case in the &#8220;Term Benchmark / RFR Loans&#8221;, &#8220;ABR Loans&#8221; or &#8220;Commitment Fee&#8221; column, as applicable, based upon the
          Consolidated Adjusted Total Leverage Ratio as of the end of the fiscal quarter of the Borrower for which consolidated financial statements have most recently been delivered to the Administrative Agent pursuant to Section 5.01(a) or 5.01(b); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that until the delivery of such consolidated financial statements as of and for the first fiscal quarter of the Borrower beginning after the Closing Date, the Applicable Rate shall
          be that set forth below in Level II; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font>, that from and after the Fifth Amendment Effective Date until the
          delivery of such consolidated financial statements as of and for the fiscal quarter of the Borrower ending December 31, 2024 (or, if earlier, the fiscal quarter of the Borrower in respect of which the Borrower shall have delivered a Fifth
          Amendment Period Termination Notice), the Applicable Rate shall be that set forth below in Level I:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">4</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="z702e87bc388847969610ecacf4705799">

          <tr>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="vertical-align: middle; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; width: 99%;">
              <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Prior to Third Amendment Effective Date</div>
            </td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 11%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Level</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">Consolidated </div>
              <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">Adjusted Total </div>
              <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">Leverage Ratio</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Eurocurrency </div>
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Loans</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">ABR Loans</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 18%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Commitment </div>
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Fee</div>
            </td>
          </tr>
          <tr>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 11%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">I</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">&#8805; 3.25 to 1.00</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">2.00%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">1.00%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 18%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">0.35%</div>
            </td>
          </tr>
          <tr>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 11%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman';">II</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">&#8805; 2.25 to 1.00 and</div>
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">&lt; 3.25 to 1.00</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman';">1.75%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman';">0.75%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 18%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman';">0.30%</div>
            </td>
          </tr>
          <tr>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 11%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">III</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">&lt; 2.25 to 1.00</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">1.50%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">0.50%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 18%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">0.25%</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;"><br>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="zd9f7a257cb344aae8f6945b847615a45">

          <tr>
            <td style="width: 100%; vertical-align: middle; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">On and After Third Amendment Effective Date</div>
            </td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 11%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Level</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">Consolidated </div>
              <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">Adjusted Total </div>
              <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">Leverage Ratio</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Term Benchmark / </div>
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">RFR Loans</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">ABR Loans</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 18%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Commitment </div>
              <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Fee</div>
            </td>
          </tr>
          <tr>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 11%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">I</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">&#8805; 3.25 to 1.00</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">2.25%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">1.25%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 18%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">0.35%</div>
            </td>
          </tr>
          <tr>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 11%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman';">II</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">&#8805; 2.25 to 1.00 and</div>
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">&lt; 3.25 to 1.00</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman';">2.00%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman';">1.00%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            <td style="width: 18%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: justify; font-family: 'Times New Roman';">0.30%</div>
            </td>
          </tr>
          <tr>
            <td colspan="1" style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 11%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">III</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">&lt; 2.25 to 1.00</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">1.75%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">0.75%</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 18%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; font-family: 'Times New Roman';">0.25%</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">For purposes of the foregoing, each change in the Applicable Rate resulting from a change in the Consolidated Adjusted Total Leverage Ratio shall
          be effective during the period commencing on and including the date of delivery to the Administrative Agent pursuant to Section 5.01(a) or 5.01(b) of the consolidated financial statements indicating such change and ending on the date immediately
          preceding the effective date of the next such change; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Consolidated Adjusted Total Leverage Ratio shall be deemed to be in Level I at the option of the Administrative
          Agent or at the request of the Required Lenders if the Borrower fails to deliver the consolidated financial statements required to be delivered by it pursuant to Section 5.01(a) or 5.01(b) or the certificate of a Financial Officer required to be
          delivered by it pursuant to Section 5.01(c) during the period from the expiration of the time for delivery thereof until such consolidated financial statements and such certificate are delivered.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) [reserved].</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c) with respect to any Refinancing Tranche B Term Loan, (ii) 3.00% per annum, in the case of an ABR Loan, or (ii) 4.00% per annum, in the case of
          a Term Benchmark Loan.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d) with respect to any Incremental Facilities (other than the Incremental Tranche B Loans), the applicable rate per annum as set forth in the
          applicable Incremental Facility Amendment.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Approved Fund</u></font>&#8221; means, with respect to any Lender or Eligible Assignee, any Person
        (other than a natural person) that is engaged in making, purchasing, holding or investing in commercial loans and similar extensions of credit in the ordinary course of its activities and that is administered, advised or managed by (a) such Lender
        or Eligible Assignee, (b) an Affiliate of such Lender or Eligible Assignee or (c) an entity or an Affiliate of an entity that administers, advises or manages such Lender or Eligible Assignee.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">5</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Arrangers</u></font>&#8221; means, collectively, JPMCB, MUFG Bank, Ltd., SunTrust Robinson Humphrey,
        Inc., Citibank, N.A., Goldman Sachs Bank USA and Citizens Bank, N.A., in their capacities as joint lead arrangers and joint bookrunners for the credit facilities provided for herein.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Assignment and Assumption</u></font>&#8221; means an assignment and assumption entered into by a Lender
        and an Eligible Assignee (with the consent of any Person whose consent is required by Section 9.04) and accepted by the Administrative Agent, substantially in the form of <font style="font-family: 'Times New Roman';"><u>Exhibit A</u></font> or any
        other form (including electronic records generated by the use of an electronic platform) approved by the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Audited Financial Statements</u></font>&#8221; the audited consolidated balance sheets of the Borrower
        dated December 31, 2018 and December 31, 2017, and the related audited consolidated statements of income, comprehensive income, stockholders&#8217; equity (deficit) and cash flows as of and for the fiscal years ended December 31, 2018 and December 31,
        2017, audited and reported on by PricewaterhouseCoopers LLP.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Available Amount</u></font>&#8221; means, at any time,</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a) the sum of:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 108pt; font-family: 'Times New Roman'; font-size: 10pt;">(i) 50% of the Consolidated Net Income of the Borrower for the period (taken as one accounting period) from the first day of the first fiscal
          quarter of the Borrower during which the Closing Date occurred to and including the last day of the Borrower&#8217;s most recently ended fiscal quarter for which financial statements have been delivered pursuant to Section 5.01(a) or 5.01(b), as
          applicable, or, in the case such Consolidated Net Income for such period is a deficit, minus 100% of such deficit, plus</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 108pt; font-family: 'Times New Roman'; font-size: 10pt;">(ii) the Net Proceeds from any sale or issuance of Equity Interests (other than Disqualified Equity Interests) of the Borrower, plus</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 108pt; font-family: 'Times New Roman'; font-size: 10pt;">(iii) the aggregate amount of prepayments declined by the Term Lenders and retained by the Borrower pursuant to Section 2.11(g), plus</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 108pt; font-family: 'Times New Roman'; font-size: 10pt;">(iv) to the extent not already included in the calculation of Consolidated Net Income and without duplication of clause (v) below and of any
          amount deducted from the calculation of Investments pursuant to the definition of Investment, the amounts of any dividends in cash or Permitted Investments or other returns, profits, distributions and similar amounts (whether by means of a sale
          or other disposition, a repayment of a loan or advance, a dividend or otherwise) received by the Borrower and the Restricted Subsidiaries on Investments made using the Available Amount, in each case up to the original amount of such Investments;
          plus</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 108pt; font-family: 'Times New Roman'; font-size: 10pt;">(v) to the extent not already included in the calculation of Consolidated Net Income and without duplication of clause (iv) above and of any
          amount deducted from the calculation of Investments pursuant to the definition of Investment, the amount of any Investment made using the Available Amount in any Unrestricted Subsidiary that has been re-designated as a Restricted Subsidiary or
          that has been merged, amalgamated or consolidated with or into the Borrower or any of the Restricted Subsidiaries (up to the lesser of (A) the fair market value determined in good faith by the Borrower of the Investments of the Borrower and the
          Restricted Subsidiaries in such Unrestricted Subsidiary at the time of such re-designation or merger or consolidation and (B) the fair market value determined in good faith by the Borrower of the original Investment by the Borrower and the
          Restricted Subsidiaries in such Unrestricted Subsidiary); minus</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">6</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) the sum since the Closing Date of (i) Investments, loans and advances previously or concurrently made in reliance on the Available Amount,
          plus (ii) Restricted Payments previously or concurrently made in reliance on the Available Amount, plus (iii) Restricted Debt Payments previously or concurrently made in reliance on the Available Amount.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Available Tenor</u></font>&#8221; means, as of any date of determination and with respect to the
        then-current Benchmark for any Agreed Currency, as applicable, any tenor for such Benchmark (or component thereof) or payment period for interest calculated with reference to such Benchmark (or component thereof), as applicable, that is or may be
        used for determining the length of an Interest Period for any term rate or otherwise, for determining any frequency of making payments of interest calculated pursuant to this Agreement as of such date and not including, for the avoidance of doubt,
        any tenor for such Benchmark that is then-removed from the definition of &#8220;Interest Period&#8221; pursuant to clause (f) of Section 2.14.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Bail-In Action</u></font>&#8221; means the exercise of any Write-Down and Conversion Powers by the
        applicable Resolution Authority in respect of any liability of any Affected Financial Institution.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Bail-In Legislation</u></font>&#8221; means (a) with respect to any EEA Member Country which has
        implemented, or which at any time implements, Article 55, BRRD, the relevant implementing law or regulation as described in the EU Bail-In Legislation Schedule from time to time; and (b) with respect to the United Kingdom, Part I of the United
        Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their
        affiliates (other than through liquidation, administration or other insolvency proceedings).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Bankruptcy Code</u></font>&#8221; means Title 11 of the United States Code (11 U.S.C. &#167; 101 et seq.)
        entitled &#8220;Bankruptcy&#8221; as it has been, or may be, amended, from time to time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Bankruptcy Event</u></font>&#8221; means, with respect to any Person, that such Person has become the
        subject of a bankruptcy, insolvency proceeding or Bail-In Action or has had a receiver, conservator, trustee, administrator, custodian, examiner, assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation
        of its business appointed for it, in the good faith determination of the Administrative Agent, has taken any action in furtherance of, or indicating its consent to, approval of or acquiescence in, any such proceeding or appointment or has become
        the subject of a Bail-In Action; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that a Bankruptcy Event shall not result solely by virtue of any ownership interest, or the acquisition of any ownership interest, in such Person
        by a Governmental Authority; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font> that such ownership interest does not result in or provide such Person with
        immunity from the jurisdiction of courts within the United States of America or from the enforcement of judgments or writs of attachment on its assets or permit such Person (or such Governmental Authority) to reject, repudiate, disavow or disaffirm
        any contracts or agreements made by such Person.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Benchmark</u></font>&#8221; means, initially, with respect to any (a) RFR Loan in any Agreed Currency,
        the applicable Relevant Rate for such Agreed Currency or (b) Term Benchmark Loan, the Relevant Rate for such Agreed Currency; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that if a Benchmark Transition Event or a Term ESTR
        Transition Event, as applicable, and its related Benchmark Replacement Date have occurred with respect to the applicable Relevant Rate or the then-current Benchmark for such Agreed Currency, then &#8220;Benchmark&#8221; means the applicable Benchmark
        Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to clause (b) or clause (c) of Section 2.14.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">7</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Benchmark Replacement</u></font>&#8221;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">&#160;</font>means, for any Available Tenor, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">(1) (A) in the case of any Loan denominated in Dollars, the Adjusted Daily Simple SOFR;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">(B) in the case of any Loan denominated in Euros, (i) the sum of (a) Term ESTR and (b) the related Benchmark Replacement Adjustment or (ii) if the
          alternative set forth in clause (i) cannot be determined, the sum of (a) Daily Simple ESTR and (b) the related Benchmark Replacement Adjustment;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">(2) the sum of: (a) the alternate benchmark rate that has been selected by the Administrative Agent and the Borrower as the replacement for the
          then-current Benchmark for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a replacement benchmark rate or the mechanism for determining such a rate by the Relevant Governmental Body or (ii)
          any evolving or then-prevailing market convention for determining a benchmark rate as a replacement for the then-current Benchmark for Dollar-denominated syndicated credit facilities at such time and (b) the related Benchmark Replacement
          Adjustment;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>provided</u></font><font style="font-size: 10pt;">&#160;<font style="font-family: 'Times New Roman';"><u>that</u></font>, in the case of clause (1)(B)(i), such Unadjusted Benchmark Replacement is displayed on a screen or other information service that publishes such rate from time to time as selected by the Administrative
            Agent in its reasonable discretion; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font> that, with respect to a Loan denominated in Euros, notwithstanding
            anything to the contrary in this Agreement or in any other Loan Document, upon the occurrence of a Term ESTR Transition Event, and the delivery of a Term ESTR Notice, on the applicable Benchmark Replacement Date the &#8220;Benchmark Replacement&#8221;
            shall revert to and shall be deemed to be the sum of (a) Term ESTR and (b) the related Benchmark Replacement Adjustment, as set forth in clause (1)(B)(i) of this definition (subject to the first proviso above).</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">If the Benchmark Replacement as determined pursuant to clause (1) or (2) above would be less than the Floor, the Benchmark Replacement will be
          deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Benchmark Replacement Adjustment</u></font>&#8221;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">&#160;</font>means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such
        Unadjusted Benchmark Replacement:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">(1) for purposes of clauses (1)(B) of the definition of &#8220;Benchmark Replacement,&#8221; the first alternative set forth in the order below that can be
          determined by the Administrative Agent:</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">(a) the spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero) as
          of the Reference Time such Benchmark Replacement is first set for such Interest Period that has been selected or recommended by the Relevant Governmental Body for the replacement of such Benchmark with the applicable Unadjusted Benchmark
          Replacement for the applicable Corresponding Tenor;</div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;"><br>
        </div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">8</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">
          <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) the spread adjustment (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first set
            for such Interest Period that would apply to the fallback rate for a derivative transaction referencing the ISDA Definitions to be effective upon an index cessation event with respect to such Benchmark for the applicable Corresponding Tenor;
            and</div>
          <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;"> <br>
          </div>
        </div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">(2) for purposes of clause (2) of the definition of &#8220;Benchmark Replacement,&#8221; the spread adjustment, or method for calculating or determining such
          spread adjustment, (which may be a positive or negative value or zero) that has been selected by the Administrative Agent and the Borrower for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a
          spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body on the applicable Benchmark
          Replacement Date and/or (ii) any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable
          Unadjusted Benchmark Replacement for syndicated credit facilities denominated in the applicable Agreed Currency at such time;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>provided</u></font><font style="font-size: 10pt;">&#160;<font style="font-family: 'Times New Roman';"><u>that</u></font>, in the case of clause (1) above, such adjustment is displayed on a screen or other information service that publishes such Benchmark Replacement Adjustment from time to time as selected by the
            Administrative Agent in its reasonable discretion.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Benchmark Replacement Conforming Changes</u></font>&#8221; means, with respect to any Benchmark
        Replacement or any Term Benchmark Loan denominated in Dollars, any technical, administrative or operational changes (including changes to the definition of &#8220;Alternate Base Rate,&#8221; the definition of &#8220;Business Day,&#8221; the definition of &#8220;U.S. Government
        Securities Business Day,&#8221; the definition of &#8220;RFR Business Day,&#8221; the definition of &#8220;Interest Period,&#8221; timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation
        notices, length of lookback periods, the applicability of breakage provisions and other technical, administrative or operational matters) that the Administrative Agent decides in its reasonable discretion may be appropriate to reflect the adoption
        and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of
        such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark Replacement exists, in such other manner of administration as the Administrative Agent
        decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Benchmark</u></font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);"><u> Replacement Date</u>&#8221; </font><font style="font-size: 10pt;">means, with respect to any Benchmark, the earliest to occur of
          the following events with respect to such then-current Benchmark:</font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">(1) in the case of clause (1) or (2) of the definition of &#8220;Benchmark Transition Event,&#8221; the later of (a) the date of the public statement or
          publication of information referenced therein and (b) the date on which the administrator of such Benchmark (or the published component used in the calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such
          Benchmark (or such component thereof);</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">(2) in the case of clause (3) of the definition of &#8220;Benchmark Transition Event,&#8221; the date of the public statement or publication of information
          referenced therein; or</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">9</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">(3) in the case of a Term ESTR Transition Event, the date that is thirty (30) days after the date a Term ESTR Notice is provided to the Lenders
          and the Borrower pursuant to Section 2.14(c).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">For the avoidance of doubt, (i) if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier than, the
        Reference Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time for such determination and (ii) the &#8220;Benchmark Replacement Date&#8221; will be deemed to have occurred in the case
        of clause (1) or (2) with respect to any Benchmark upon the occurrence of the applicable event or events set forth therein with respect to all then-current Available Tenors of such Benchmark (or the published component used in the calculation
        thereof).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Benchmark</u></font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);"><u> Transition Event</u>&#8221;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; font-style: italic; color: rgb(0, 0, 0);">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">means, with respect to any Benchmark, the occurrence of one or more of the following events with respect to such
          then-current Benchmark:</font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z2acc4f1fc4bc4306afc1aa83762454be">

            <tr>
              <td style="width: 54pt; font-size: 10pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">(1)</td>
              <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
                <div style="font-family: 'Times New Roman';">a public statement or publication of information by or on behalf of the administrator of such Benchmark (or the published component used in the calculation thereof) announcing that such
                  administrator has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof), permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor
                  administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof);</div>
              </td>
            </tr>

        </table>
        <div style="font-size: 10pt;">&#160;</div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z13479370e6f04c299ec6d149c58fbc43">

            <tr>
              <td style="width: 54pt; font-size: 10pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">(2)</td>
              <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
                <div style="font-family: 'Times New Roman';">a public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the calculation thereof), the Federal
                  Reserve Board, the NYFRB, the CME Term SOFR Administrator, an insolvency official with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the administrator for such
                  Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator for such Benchmark (or such component), in each case, which states that the administrator of such Benchmark (or
                  such component) has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor
                  administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof); or</div>
              </td>
            </tr>

        </table>
        <div style="font-size: 10pt;">&#160;</div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="zd31a2671edf14623bd1d77e22873b577">

            <tr>
              <td style="width: 54pt; font-size: 10pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">(3)</td>
              <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
                <div style="font-family: 'Times New Roman';">a public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the calculation thereof) announcing that
                  all Available Tenors of such Benchmark (or such component thereof) are no longer representative.</div>
              </td>
            </tr>

        </table>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">For the avoidance of doubt, a &#8220;Benchmark Transition Event&#8221; will be deemed to have occurred with respect to any Benchmark if a public statement or
          publication of information set forth above has occurred with respect to each then-current Available Tenor of such Benchmark (or the published component used in the calculation thereof).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Benchmark Unavailability Period</u></font>&#8221;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">&#160;</font>means, with respect to any Benchmark, the period (if any) (x) beginning at the time that a Benchmark Replacement Date pursuant to clauses (1) or (2) of that definition has occurred if, at such time,
        no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14 and (y) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark
        for all purposes hereunder and under any Loan Document in accordance with Section 2.14.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">10</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Beneficial Ownership Certification</u></font>&#8221; means a certification regarding individual
        beneficial ownership solely to the extent expressly required by 31 C.F.R. &#167; 1010.230 (&#8220;<font style="font-family: 'Times New Roman';"><u>Beneficial Ownership Regulation</u></font>&#8221;).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Beneficial Ownership Regulation</u></font>&#8221; has the meaning specified in the definition of
        Beneficial Ownership Certification.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Benefit Plan</u></font>&#8221; means any of (a) an &#8220;employee benefit plan&#8221; (as defined in Section 3(3)
        of ERISA) that is subject to Title I of ERISA, (b) a &#8220;plan&#8221; as defined in and subject to Section 4975 of the Code and (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section
        4975 of the Code) the assets of any such &#8220;employee benefit plan&#8221; or &#8220;plan&#8221;.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>BHC Act Affiliate</u></font>&#8221; of a party means an &#8220;affiliate&#8221; (as such term is defined under, and
        interpreted in accordance with, 12 U.S.C. 1841(k)) of such party.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Blocked Account Agreement</u></font>&#8221; has the meaning assigned to such term in Section 5.17.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Blocked Accounts</u></font>&#8221; has the meaning assigned to such term in Section 5.17.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Board of Governors</u></font>&#8221; means the Board of Governors of the Federal Reserve System of the
        United States of America.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Borrower</u></font>&#8221; has the meaning assigned to such term in the introductory statement to this
        Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Borrowing</u></font>&#8221; means Loans of the same Class, Type and currency, made, converted or
        continued on the same date and, in the case of Term Benchmark Loans, as to which a single Interest Period is in effect.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Borrowing Minimum</u></font>&#8221; means (a) in the case of an ABR Borrowing, $1,000,000, (b) in the
        case of a Term Benchmark Borrowing denominated in Dollars, $5,000,000, (c) in the case of a Term Benchmark Borrowing denominated in Euros, &#8364;5,000,000, (d) in the case of an RFR Borrowing denominated in Sterling, &#163;5,000,000, and (e) in the case of a
        Borrowing denominated in any other currency, the smallest amount of such currency that is an integral multiple of 5,000,000 units of such currency and that has a Dollar Equivalent in excess of $5,000,000.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Borrowing Multiple</u></font>&#8221; means (a) in the case of an ABR Borrowing, $100,000, (b) in the
        case of a Term Benchmark Borrowing denominated in Dollars, $500,000, (c) in the case of a Term Benchmark Borrowing denominated in Euros, &#8364;500,000, (d) in the case of an RFR Borrowing denominated in Sterling, &#163;500,000, and (e) in the case of a
        Borrowing denominated in any other currency, the smallest amount of such currency that is an integral multiple of 500,000 units of such currency.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Borrowing Request</u></font>&#8221; means a request by the Borrower for a Borrowing in accordance with
        Section 2.03, which shall be substantially in the form of <font style="font-family: 'Times New Roman';"><u>Exhibit M</u></font> (or such other&#160; form approved by the Administrative Agent and otherwise consistent with the requirements of Section
        2.03).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">11</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Business Day</u></font>&#8221; means any day that is not a Saturday, a Sunday or any other day on which
        commercial banks in New York City are authorized or required by law to remain closed; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, in addition to the foregoing, a Business Day shall be (a) in relation to Loans
        denominated in Euros and in relation to the calculation or computation of the EURIBO Rate, any day which is a Target2 Operating Day, (b) in relation to RFR Loans and any interest rate settings, fundings, disbursements, settlements or payments of
        any such RFR Loan, or any other dealings in the applicable Agreed Currency of such RFR Loan, any such day that is only an RFR Business Day and (c) in relation to Loans referencing the Adjusted Term SOFR Rate and any interest rate settings,
        fundings, disbursements, settlements or payments of any such Loans referencing the Adjusted Term SOFR Rate or any other dealings of such Loans referencing the Adjusted Term SOFR Rate, any such day that is a U.S. Government Securities Business Day.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Capital Expenditures</u></font>&#8221; means, for any period, (a) the additions to property, plant and
        equipment and other capital expenditures of the Restricted Group that are (or should be) set forth in a consolidated statement of cash flows of the Borrower for such period prepared in accordance with GAAP and (b) Capital Lease Obligations incurred
        by the Restricted Group during such period, but excluding in each case any such expenditure (i) constituting reinvestment of the Net Proceeds of any event described in clause (a) or (b) of the definition of the term &#8220;Prepayment Event&#8221;, to the
        extent permitted by Section 2.11(c), (ii) made by the Restricted Group to effect leasehold improvements to any property leased by the Restricted Group as lessee, to the extent that such expenses have been reimbursed by the landlord, (iii) in the
        form of a substantially contemporaneous exchange of similar property, plant, equipment or other capital assets, except to the extent of cash or other consideration (other than the assets so exchanged), if any, paid or payable by the Restricted
        Group and (iv) made with the Net Proceeds from the issuance of Qualified Equity Interests.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Capital Lease Obligations</u></font>&#8221; of any Person means the obligations of such Person to pay
        rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as finance leases on a balance sheet
        of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Captive Finance Debt</u></font>&#8221; means, as at any date of determination, the balance of the
        aggregate gross finance receivables (including loan receivables) of the Borrower and its Restricted Subsidiaries as at the end of the most recently completed fiscal quarter ending on or prior to such date, as shown on the consolidated balance
        sheets of the Borrower (including the applicable footnote) as at the end of such fiscal quarter or the relevant fiscal year (as applicable), <font style="font-family: 'Times New Roman';"><u>multiplied</u></font> by a fraction the numerator of
        which is nine and the denominator of which is ten.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Captive Insurance Subsidiary</u></font>&#8221; means a Subsidiary of the Borrower established for the
        purpose of, and to be engaged solely in the business of, insuring the businesses or facilities owned or operated by the Borrower or any of its Subsidiaries or joint ventures.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Cash Management Services</u></font>&#8221; means the treasury management services (including controlled
        disbursements, zero balance arrangements, cash sweeps, automated clearinghouse transactions, return items, overdrafts, single entity or multi-entity multicurrency notional pooling structures, temporary advances, interest and fees and interstate
        depository network services), netting services, employee credit or purchase card programs and similar programs, in each case provided to the Borrower or any Restricted Subsidiary.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">12</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>CBR Loan</u></font>&#8221; means a Loan that bears interest at a rate determined by reference to the
        Central Bank Rate.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>CBR Spread</u></font>&#8221; means the Applicable Rate applicable to a Loan that is replaced by a CBR
        Loan.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Central Bank Rate</u></font>&#8221; means, for any Loan denominated in Sterling, the greater of (a)(i)
        the Bank of England (or any successor thereto)&#8217;s &#8220;Bank Rate&#8221; as published by the Bank of England (or any successor thereto) from time to time, plus (ii) the Central Bank Rate Adjustment and (b) the Floor.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Central Bank Rate Adjustment</u></font>&#8221; means, for any day, for any Loan denominated in Sterling,
        a rate equal to the difference (which may be a positive or negative value or zero) of (i) the average of Adjusted Daily Simple RFR for Sterling Borrowings for the five most recent RFR Business Days preceding such day for which the Adjusted Daily
        Simple RFR for Sterling Borrowings was available (excluding, from such averaging, the highest and lowest such Adjusted Daily Simple RFR applicable during such period of five RFR Business Days) minus (ii) the Central Bank Rate in respect of Sterling
        in effect on the last RFR Business Day in such period.&#160; For purposes of this definition, the term Central Bank Rate shall be determined disregarding clause (a)(i) of the definition of such term.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Change in Control</u></font>&#8221; means (a) the acquisition of ownership, directly or indirectly,
        beneficially or of record, by any Person or group (within the meaning of the Exchange Act and the rules of the SEC thereunder as in effect on the Closing Date), other than an employee benefit plan or related trust of the Borrower, of Equity
        Interests in the Borrower representing more than 35% of the aggregate ordinary voting power represented by the issued and outstanding Equity Interests in the Borrower; or (b) the occurrence of any &#8220;change in control&#8221; (or similar event, however
        denominated) with respect to the Borrower under and as defined in any indenture or other agreement or instrument evidencing or governing the rights of the holders of any Material Indebtedness of the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">For purposes of this definition, (i) &#8220;beneficial ownership&#8221; shall be as defined in Rules 13(d)-3 and 13(d)-5 under the Exchange Act and (ii) the
        phrase Person or &#8220;group&#8221; is within the meaning of Section 13(d) or 14(d) of the Exchange Act, but excluding any employee benefit plan of such Person or &#8220;group&#8221; and its subsidiaries and any Person acting in its capacity as trustee, agent or other
        fiduciary or administrator of any such plan.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Change in Law</u></font>&#8221; means the occurrence, after the Closing Date (or with respect to any
        Lender, if later, the date on which such Lender becomes a Lender), of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration,
        interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives promulgated
        thereunder or issued in connection therewith and (ii) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the
        United States of America or foreign regulatory authorities, in each case pursuant to Basel III, in each case shall be deemed to be a &#8220;Change in Law&#8221;, regardless of the date enacted, adopted, promulgated or issued.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">13</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Charges</u></font>&#8221; has the meaning assigned to such term in Section 9.13.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Class</u></font>&#8221;, when used in reference to (a) any Loan or Borrowing, refers to whether such
        Loan, or the Loans comprising such Borrowing, are Revolving Loans, Tranche A Term Loans, Incremental Revolving Loans, Incremental Term Loans or Refinancing Term Loans, (b) any Commitment, refers to whether such Commitment is a Revolving Commitment,
        Tranche A Term Commitment, a Commitment in respect of any Incremental Revolving Loans, a Commitment in respect of any Incremental Term Loans or a Commitment in respect of any Refinancing Term Loans and (c) any Lender, refers to whether such Lender
        has a Loan or Commitment with respect to a particular Class.&#160; Incremental Revolving Loans, Incremental Term Loans and Refinancing Term Loans that have different terms and conditions (together with the Commitments in respect thereof) shall be
        construed to be in different Classes.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Closing Date</u></font>&#8221; means November 1, 2019.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>CME Term SOFR Administrator</u></font>&#8221; means CME Group Benchmark Administration Limited as
        administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Code</u></font>&#8221; means the Internal Revenue Code of 1986, as amended.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Collateral</u></font>&#8221; means any and all assets, whether real or personal, tangible or intangible,
        on which Liens are purported to be granted pursuant to the Security Documents as security for the Obligations, but excluding, for the avoidance of doubt, the Excluded Property.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Collateral Agreement</u></font>&#8221; means the Collateral Agreement dated as of November 1, 2019 by
        and among the Loan Parties and the Administrative Agent, attached hereto as <font style="font-family: 'Times New Roman';"><u>Exhibit C</u></font>, or any other collateral agreement reasonably requested (in accordance with the Collateral and
        Guarantee Requirement) by the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Collateral and Guarantee Requirement</u></font>&#8221; means, at any time, the requirement that:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a) the Administrative Agent shall have received from the Borrower, each other Loan Party and each Designated Subsidiary (i) a counterpart of each
          Security Document to which such Person is a party duly executed and delivered on behalf of such Person or (ii) in the case of any Subsidiary that becomes a Loan Party or a Designated Subsidiary after the Closing Date, a supplement to the
          Collateral Agreement in substantially the form attached as Exhibit I thereto, a supplement to the Guarantee Agreement in substantially the form attached as Exhibit I thereto, a Patent Security Agreement, Trademark Security Agreement and/or
          Copyright Security Agreement (each as defined in the Collateral Agreement, and to the extent applicable) and other security documents reasonably requested by the Administrative Agent, in form and substance reasonably satisfactory to the
          Administrative Agent (consistent with the Security Documents in effect on the Closing Date) and (iii) in the case of any Specified Foreign Subsidiary that becomes a Loan Party or a Designated Subsidiary after the Sixth Amendment Effective Date,
          such security documents requested by the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent consistent with the Security Documents or the Security Documents entered into pursuant to Section 5.16, or as
          applicable, joinders to such Security Documents, in each case, duly executed and delivered on behalf of such Person, in each case, together with such opinions and documents of the type referred to in Sections 4.01(b) (or, as applicable,
          consistent with the opinions and documents delivered pursuant to Section 5.16) and (c) with respect to such Person as may be reasonably requested by the Administrative Agent;</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">14</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) (i) all outstanding Equity Interests (other than any Equity Interest constituting Excluded Property) of each Restricted Subsidiary that is a
          Material Subsidiary, in each case owned by any Loan Party, shall have been pledged pursuant to the Collateral Agreement or other Security Documents; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Loan Parties shall
          not be required to pledge Excluded Property and (ii) the Administrative Agent shall, to the extent required by the Collateral Agreement, have received certificates or other instruments representing all such Equity Interests of any Restricted
          Subsidiary (other than any Equity Interest constituting Excluded Property) held by any Loan Party, together with undated stock powers or other appropriate instruments of transfer with respect thereto endorsed in blank (to the extent applicable
          and <font style="font-family: 'Times New Roman';"><u>provided</u></font> that no Loan Party shall have any obligation to deliver a certificate or other instrument representing any such Equity Interest if such Equity Interest is uncertificated);</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)(i) all Indebtedness of the Borrower and each Subsidiary that is owing to any Loan Party (other than any such Indebtedness constituting
          Excluded Property) shall be evidenced by, at the Loan Party&#8217;s option, a Global Intercompany Note or one or more standalone promissory notes (in each case to the extent required by Section 6.04(f) or (gg)), and shall be Collateral pursuant to the
          applicable Security Documents; and (ii) the Administrative Agent shall have received (x) the Global Intercompany Note and (y)(A) all such promissory notes in respect of the Specified GEC DIP Financing (if any) and (B) all other promissory notes
          with a principal amount of $20,000,000 or more, in each case, together with undated instruments of transfer with respect thereto endorsed in blank;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d) all financing statements and other appropriate filings or recordings, including Uniform Commercial Code financing statements, and, as
          applicable, foreign equivalents with respect to any Specified Foreign Subsidiary under any Specified Foreign Jurisdiction, required by law or specified in the Security Documents to be filed, registered or recorded on the Closing Date (or on the
          applicable date the Collateral and Guarantee Requirement is required to be satisfied with respect to the relevant assets pursuant to Sections 5.12, 5.13, 5.15 or 5.16 hereof or applicable provisions in the Security Documents) shall have been so
          filed, registered or recorded or delivered to the Administrative Agent for such filing, registration or recording;</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">15</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e) <font style="font-family: 'Times New Roman';">the Administrative Agent shall have received (i) counterparts of a Mortgage with respect to
            each Mortgaged Property duly executed and delivered by the record owner of such Mortgaged Property (<u>provided</u> that if the Mortgaged Property is in a jurisdiction that imposes a mortgage recording or similar tax on the amount secured by
            such Mortgage, then the amount secured by such Mortgage shall be limited to the fair market value, as reasonably determined by the Borrower in good faith, of such Mortgaged Property), (ii) a policy or policies of title insurance issued by a
            nationally recognized title insurance company insuring the Lien of each such Mortgage as a valid and enforceable first Lien on the Mortgaged Property described therein, free of any other Liens except as expressly permitted by Section 6.02,
            together with such endorsements, coinsurance and reinsurance as the Administrative Agent may reasonably request to the extent available in the applicable jurisdiction at commercially reasonable rates (it being agreed that the Administrative
            Agent shall accept zoning reports from a nationally recognized zoning company in lieu of zoning endorsements to such title insurance policies), in an amount equal to the fair market value of such Mortgaged Property as reasonably determined by
            the Borrower in good faith, <u>provided</u> that in no event will the Borrower be required to obtain independent appraisals or other third-party valuations of such Mortgaged Property, unless required by FIRREA or other applicable law, <u>provided</u>,
            <u>however</u>, the Borrower shall provide to the title company and the Administrative Agent such supporting information with respect to its determination of Fair Market Value as may be reasonably required by such parties, (iii) with respect to
            each Mortgaged Property located in the United States, a completed &#8220;Life-of-Loan&#8221; Federal Emergency Management Agency Standard Flood Hazard Determination (together with a notice about special flood hazard area status and flood disaster
            assistance, which, if applicable, shall be duly executed by the applicable Loan Party relating to such Mortgaged Property), and, if any such Mortgaged Property is located in an area determined by the Federal Emergency Management Agency to have
            special flood hazards, evidence of such flood insurance as may be required under applicable law, including Regulation H of the Board of Governors and&#160; (iv) such customary surveys (or existing surveys together with no-change affidavits of such
            Mortgaged Property or survey alternatives, including express maps), abstracts, legal opinions, title documents and other documents as the Administrative Agent or the Required Lenders may reasonably request with respect to any such Mortgage or
            Mortgaged Property; <u>provided</u> that (x) the requirements of the foregoing clauses (i), (ii), (iv) and (v) shall be completed on or before, (1) in the case of Mortgaged Property owned on the Closing Date, the date that is 90 days after the
            Closing Date (or such longer period as the Administrative Agent may, in its reasonable discretion, agree to in writing (such approval or consent not to be unreasonably withheld or delayed) in accordance with Section 5.15 or (2) in the case of
            other Mortgaged Property, the date required by Section 5.12(a) or 5.13(a), as applicable, (y) legal opinions referred to in the foregoing clause (iv) shall be limited to the purposes of obtaining customary legal opinions from counsel qualified
            to opine in the jurisdiction where such Mortgaged Property is located regarding solely to the enforceability of the Mortgage for such Mortgaged Property and such other customary matters as may be in form and substance reasonably satisfactory to
            the Administrative Agent; and (z) no delivery of new surveys shall be required for any Mortgaged Property where the title company will issue a lender&#8217;s title policy with the standard survey exception omitted from such title policy and
            affirmative endorsements that require a survey;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(f) the Borrower, each other Loan Party and each Designated Subsidiary shall enter
            into a Blocked Account Agreement with respect to each of its Blocked Accounts in accordance with the terms of <u>Section 5.17</u></font><font style="font-size: 10pt;">; and</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g) to the extent required by the terms hereof or of the Security Documents, each Loan Party shall have obtained all consents and approvals
          required to be obtained by it in connection with the execution and delivery of all Security Documents to which it is a party, the performance of its obligations thereunder and the granting by it of the Liens thereunder.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">Notwithstanding anything to the contrary, subject to the proviso set forth in the following sentence, no Loan Party shall be required, nor shall the
        Administrative Agent be authorized, (i) to perfect pledges, security interests and mortgages of Collateral of Loan Parties by any means other than by (A) filings pursuant to the Uniform Commercial Code or foreign equivalent for any Specified
        Foreign Subsidiary under any Specified Foreign Jurisdiction, in the office of the Secretary of State (or similar central filing office) of the relevant jurisdiction where the grantor is located (as determined pursuant to the Uniform Commercial Code
        or relevant law in the Specified Foreign Jurisdiction) and filings in the applicable real estate records with respect to Mortgaged Properties, (B) filings in the United States Patent and Trademark Office and the United States Copyright Office or
        local or foreign equivalent for any Specified Foreign Subsidiary under any Specified Foreign Jurisdiction with respect to intellectual property as expressly required in the Security Documents, and (C) delivery to the Administrative Agent, to be
        held in its possession, of the Global Intercompany Note and all Collateral consisting of intercompany notes (x) in respect of the Specified GEC DIP Financing or (y) otherwise in a principal amount of $20,000,000 or more, owed by a single obligor,
        stock certificates of Restricted Subsidiaries and instruments, in each case as expressly required in the Security Documents or (ii) other than as set forth in clause (f) above and in Section 5.17, to enter into any control agreement with respect to
        any cash and Permitted Investments, other deposit accounts, securities accounts or commodities accounts, in each case to the extent in the name of a Loan Party and held or located in the United States.&#160; For the avoidance of doubt, and
        notwithstanding anything to the contrary, including the foregoing, (x) no actions (including filings or searches) shall be required in order to create or perfect any security interest in any assets of the Loan Parties located outside of the United
        States (including any intellectual property registered or applied-for in, or otherwise located, protected or arising under the laws of any jurisdiction outside the United States) and (y) no foreign law security or pledge agreements or foreign law
        mortgages or deeds shall be required outside of the United States with respect to any Loan Party, in each case, other than with respect to a Specified Foreign Subsidiary in a Specified Foreign Jurisdiction following the date that such Specified
        Foreign Subsidiary organized in such jurisdiction has become a Loan Party pursuant to Section 5.12, Section 5.13 or Section 5.16.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">16</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Commitment</u></font>&#8221; means with respect to any Lender, such Lender&#8217;s Revolving Commitment,
        Tranche A Term Commitment, commitment in respect of any Incremental Revolving Loans or commitment in respect of any Incremental Term Loans or any combination thereof (as the context requires).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Commodity Exchange Act</u></font>&#8221; means the Commodity Exchange Act (7 U.S.C. &#167; 1 <font style="font-family: 'Times New Roman';"><u>et</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>seq.</u></font>) and any successor statute.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Communications</u></font>&#8221; means, collectively, any notice, demand, communication, information,
        document or other material provided by or on behalf of any Loan Party pursuant to this Agreement or any other Loan Document or the transactions contemplated herein or therein that is distributed to the Administrative Agent, any Lender or any
        Issuing Bank by means of electronic communications pursuant to Section 9.01, including through the Platform.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Connection Income Taxes</u></font>&#8221; means Other Connection Taxes that are imposed on or measured
        by net income (however denominated) or that are franchise Taxes or branch profits Taxes.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consenting Lender</u></font>&#8221; has the meaning assigned to such term in Section 2.22(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Adjusted Interest Coverage Ratio</u></font>&#8221; means, as of the last day of any fiscal
        quarter, the ratio of (a) Adjusted Consolidated EBITDA for the four consecutive fiscal quarters of the Borrower ended on such date to (b) Adjusted Consolidated Interest Expense for the four consecutive fiscal quarters of the Borrower ended on such
        date.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Adjusted Total Leverage Ratio</u></font>&#8221; means, as of the last day of any fiscal
        quarter, the ratio of (a) Total Adjusted Debt to (b) Adjusted Consolidated EBITDA for the four consecutive fiscal quarters of the Borrower ended on such date.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">17</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Debt</u></font>&#8221; means, as of any date, the total Indebtedness of the Borrower and
        its Subsidiaries of the types specified in the following clauses of the definition of &#8220;Indebtedness&#8221;:&#160; clause (a), clause (b), clause (d), clause (e) (but only to the extent supporting Indebtedness of the types specified in clauses (a), (b), (d)
        and (g) of the definition thereof), clause (f) (but only to the extent supporting Indebtedness of the types specified in clauses (a), (b), (d) and (g) of the definition thereof), clause (g) and clause (h) (but only to the extent drawn and
        unreimbursed after one Business Day), in each case as reflected on the Borrower&#8217;s consolidated balance sheet in accordance with GAAP at such time; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that there shall be subtracted
        from the amount of any such Indebtedness included pursuant to the above provisions of this definition (x) for a period commencing on the date of the consummation of the Software Business Sale through the later of (A) March 31, 2020 and (B) 120 days
        after the consummation of the Software Business Sale, the amount of any Net Proceeds from the Software Business Sale then retained and held by the Loan Parties in the form of cash or Permitted Investments and (y) for a period of up to 40 days after
        the incurrence thereof, the amount of Net Proceeds of any Long-Term Indebtedness incurred for the purpose of redeeming, repurchasing or otherwise refinancing existing capital markets Indebtedness which have not yet been applied to such redemption,
        repurchase or other refinancing, to the extent such Net Proceeds are then retained and held by the Loan Parties in the form of cash or Permitted Investments or deposited with the trustee or agent in respect of any Indebtedness to be redeemed in
        according with customary arrangements, or otherwise escrowed (without duplication of any elimination of such original Indebtedness from the Borrower&#8217;s consolidated balance sheet in accordance with GAAP as a result of the defeasance or satisfaction
        and discharge thereof and without duplication of any adjustment made pursuant to Section 1.05) and are subsequently applied to redeem, repurchase or otherwise refinance such existing capital markets Indebtedness (and not for any other purpose).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated EBITDA</u></font>&#8221; means, for any period, Consolidated Net Income for such period <font style="font-family: 'Times New Roman';"><u>plus</u></font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a) without duplication and to the extent deducted in determining such Consolidated Net Income for such period, the sum of:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(i) total interest expense for such period, and, to the extent not reflected in such total interest expense, the sum of (A)
          premium payments, debt discount, fees, charges and related expenses incurred in connection with borrowed money (including capitalized interest) or in connection with the deferred purchase price of assets plus (B) the portion of rent expense with
          respect to such period under Capital Leases that is treated as interest expense in accordance with GAAP, plus (C) any losses on hedging obligations or other derivative instruments entered into for the purpose of hedging interest rate risk, net of
          interest income and gains on such hedging obligations or such derivative instruments, plus (D) bank and letter of credit fees and costs of surety bonds in connection with financing activities, plus (E) any commissions, discounts, yield and other
          fees and charges (including any interest expense) related to any Permitted Receivables Facility, plus (F) amortization or write-off of deferred financing fees, debt issuance costs, debt discount or premium, terminated hedging obligations and
          other commissions, financing fees and expenses and, adjusted, to the extent included, to exclude any refunds or similar credits received in connection with the purchasing or procurement of goods or services under any purchasing card or similar
          program,</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(ii) provision for Taxes based on income, profits, revenue or capital for such period, including state, franchise, excise,
          gross receipts, value added, margins, and similar taxes and foreign withholding taxes (including penalties and interest related to taxes or arising from tax examinations),</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(iii) depreciation and amortization expense for such period,</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">18</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(iv) (A) all extraordinary, unusual or non-recurring costs, charges, accruals, reserves or expenses for such period and (B) all
          costs, charges, accruals, reserves or expenses for such period attributable to the undertaking and/or implementation of cost savings initiatives and operating expense reductions, restructuring and similar charges, severance, relocation costs,
          integration and facilities opening costs and other business optimization expenses, signing costs, retention or completion bonuses, transition costs, costs related to closure/consolidation of facilities and curtailments or modifications to pension
          and post-retirement employee benefit plans (including any settlement of pension liabilities), contract terminations and professional and consulting fees incurred in connection with any of the foregoing; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that all amounts added to Consolidated EBITDA pursuant to this clause (iv) shall not exceed (1) for any four quarter period ending on or prior to June 30, 2024, 10%, (2) for any four quarter period ending after
          June 30, 2024, and on or prior to June 30, 2025, 30% and (3) for any four quarter test period ending after June 30, 2025, 10%, in each case, of Consolidated EBITDA before giving effect to such addbacks pursuant to this clause (iv); <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font> that, solely for purposes of the calculation of Consolidated EBITDA as used in determining compliance or pro
          forma compliance with the covenants set forth in Sections 6.12 and 6.13 with respect to any four quarter period ending after the Fifth Amendment Effective Date and on or prior to March 31, 2024 (or, if earlier, the Fifth Amendment Period
          Termination Date (but excluding the period in respect of which the Fifth Amendment Period Termination Notice is delivered, for which compliance shall be determined without regard to this proviso)), all amounts added to Consolidated EBITDA
          pursuant to this clause (iv) for any such four quarter period shall not exceed 15% of Consolidated EBITDA before giving effect to such addbacks pursuant to this clause (iv),</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(v) (A) fees, costs and expenses incurred during such period in connection with the Transactions and any proposed or actual
          permitted merger, acquisition, Investment, asset sale or other disposition, debt incurrence or refinancing or other capital markets transaction, without regard to the consummation thereof and (B) all costs, charges, accruals, reserves or expenses
          for such period attributable to the undertaking and/or implementation of the Ecommerce Restructuring; provided, that, all amounts added to Consolidated EBITDA pursuant to this clause (v)(B) shall not exceed $150,000,000 for any four quarter
          period including any fiscal quarter ending on or prior to June 30, 2025,</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(vi) any non-cash charges, losses or expenses for such period except to the extent representing an accrual for future cash
          outlays (but excluding any non-cash charge, loss or expense in respect of an item that was included in Consolidated Net Income in a prior period and any non-cash charge, loss or expense that relates to the write-down or write-off of inventory,
          other than any write-down or write-off of inventory as a result of purchase accounting adjustments in respect of any acquisition permitted by the credit facilities provided for under this Agreement),</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(vii) any non-cash loss attributable to the mark to market movement in the valuation of any Equity Interests, and hedging
          obligations or other derivative instruments;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(viii) (A) any losses relating to amounts paid in cash prior to the stated settlement date of any hedging obligation that has
          been reflected in Consolidated Net Income for such period, (B) any losses during such period attributable to early extinguishment of indebtedness or obligations under any Hedging Agreement and (C) any gain relating to hedging obligations
          associated with transactions realized in the current period that has been reflected in Consolidated Net Income in prior periods and excluded from Consolidated EBITDA pursuant to clauses (b)(iv) below, and</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(ix) any losses during such period resulting from the sale or disposition of any asset outside the ordinary course of business,
          <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">19</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) without duplication and to the extent included in determining such Consolidated Net Income, the sum of</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(i) interest income for such period,</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(ii) any non-cash gains for such period (other than any such non-cash gains (A) in respect of which cash was received in a
          prior period or will be received in a future period and (B) that represent the reversal of any accrual in a prior period for, or the reversal of any cash reserves established in a prior period for, anticipated cash charges),</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(iii) all gains during such period resulting from the sale or disposition of any asset outside the ordinary course of business,</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(iv) (A) any gains relating to amounts received in cash prior to the stated settlement date of any hedging obligation that has
          been reflected in Consolidated Net Income for such period, (B) any gains during such period attributable to early extinguishment of Indebtedness or obligations under any Hedging Agreement and (C) any loss relating to hedging obligations
          associated with transactions realized in the current period that has been reflected in Consolidated Net Income in prior periods and excluded from Consolidated EBITDA pursuant to clause (a)(viii) above,</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(v) any non-cash gain attributable to the mark to market movement in the valuation of any Equity Interests, and hedging
          obligations or other derivative instruments, and</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">(vi) all extraordinary, unusual or non-recurring gains for such period.</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">In the event any Subsidiary shall be a subsidiary that is not wholly owned by the Borrower, all amounts added back in computing Consolidated EBITDA
        for any period pursuant to clause (a) above, and all amounts subtracted in computing Consolidated EBITDA pursuant to clause (b) above, to the extent such amounts are, in the reasonable judgment of a Financial Officer of the Borrower, attributable
        to such subsidiary, shall be reduced by the portion thereof that is attributable to the non-controlling interest in such subsidiary.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">Notwithstanding anything to the contrary herein, from and after the Seventh Amendment Effective Date, any amounts which, in the determination of
        Consolidated Net Income or Consolidated EBITDA for such period, have been added or subtracted in computing Consolidated Net Income or Consolidated EBITDA, in each case, attributable to the Specified GEC Entities, shall be reduced by the portion
        thereof in the calculation of Consolidated Net Income or Consolidated EBITDA, as applicable.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated First Lien Debt</u></font>&#8221; means, as of any date, all Consolidated Debt that is (i)
        under this Agreement or (ii) secured by a Lien on the Collateral that is not junior to the Liens securing the Obligations.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Interest Coverage Ratio</u></font>&#8221; means the ratio of (a) Consolidated EBITDA for
        the most recently ended period of four consecutive fiscal quarters for which financial statements have been delivered under Section 5.01(a) or (b) to (b) Consolidated Interest Expense for such four fiscal quarter period.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">20</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Interest Expense</u></font>&#8221; means for any period, the interest expense (including
        imputed interest expense in respect of Capital Lease Obligations) of the Restricted Group for such period, determined on a consolidated basis in accordance with GAAP .</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Net Income</u></font>&#8221; means, for any period, the net income or loss of the
        Restricted Group for such period determined in accordance with GAAP as set forth on the consolidated financial statements of the Restricted Group for such period; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that there
        shall be excluded (i) the income of any Person that is not a member of the Restricted Group, except to the extent of the amount of cash dividends or other cash distributions (or, in the case of non-cash distributions, to the extent converted into
        cash) actually paid by such Person to the Borrower or any Restricted Subsidiary of the Borrower during such period, (ii) any extraordinary gain or loss, together with any related provision for taxes on such extraordinary gain or loss, (iii) any
        unrealized or realized gain or loss due solely to fluctuations in currency values and the related tax effects, determined in accordance with GAAP, and (iv) the cumulative effect of a change in accounting principles in such period, if any.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Secured Debt</u></font>&#8221; means, as of any date, Consolidated Debt <font style="font-family: 'Times New Roman';"><u>minus</u></font> the portion of Indebtedness of the Restricted Group included in Consolidated Debt that is not secured by any Lien on any Collateral.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Secured Leverage Ratio</u></font>&#8221; means, as of any date, the ratio of (a)
          Consolidated Secured Debt on such date to (b) Consolidated EBITDA for the four consecutive fiscal quarters of the Borrower most recently ended for which financial statements have been delivered under Section 5.01(a) or (b).</div>
        <div style="font-size: 10pt;">&#160;</div>
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      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Total Assets</u></font>&#8221; means the total assets of the Restricted Group determined in
        accordance with GAAP.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Consolidated Total Leverage Ratio</u></font>&#8221; means, as of any date, the ratio of (a) Consolidated
        Debt on such date to (b) Consolidated EBITDA for the four consecutive fiscal quarters of the Borrower most recently ended for which financial statements have been delivered under Section 5.01(a) or (b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Control</u></font>&#8221; means the possession, directly or indirectly, of the power to direct or cause
        the direction of the management or policies, or the dismissal or appointment of the management, of a Person, whether through the ability to exercise voting power, by contract or otherwise.&#160; &#8220;<font style="font-family: 'Times New Roman';"><u>Controlling</u></font>&#8221;
        and &#8220;<font style="font-family: 'Times New Roman';"><u>Controlled</u></font>&#8221; have meanings correlative thereto.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">21</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Convertible Indebtedness</u></font>&#8221; means Indebtedness of the Borrower (which may be guaranteed
        by the Guarantors but no Subsidiaries that are not Guarantors) permitted to be incurred under the terms of this Agreement that is convertible into common Equity Interests of the Borrower (and cash in lieu of fractional shares) and/or cash (in an
        amount determined by reference to the price of such common Equity Interests); <font style="font-family: 'Times New Roman';"><u>provided,</u></font> that (i) such Convertible Indebtedness shall (a) be unsecured, (b) not be guaranteed or co-issued
        by any Subsidiary of the Borrower, and (c) issued or incurred pursuant to an offering document and/or subscription agreement(s) containing disclosure that such Indebtedness is the Borrower&#8217;s senior unsecured Indebtedness and will rank effectively
        junior in right of payment to any of the Borrower&#8217;s secured Indebtedness (including this Agreement and the Obligations) to the extent of the value of the assets securing such Indebtedness; and structurally junior to all Indebtedness and other
        liabilities (including trade payables) of the Borrower&#8217;s Subsidiaries, (ii) Convertible Indebtedness shall not include any financial maintenance covenants and shall only include covenants, defaults and conversion rights that are customary for
        public market convertible indebtedness (as reasonably determined by the Borrower in good faith) (pursuant to a public offering or an offering under Rule 144A or Regulation S of the Securities Act) as of the date of issuance, (iii) no Default or
        Event of Default shall have occurred and be continuing at the time of incurrence of such Convertible Indebtedness or would result therefrom, (iv) such Convertible Indebtedness shall not have a scheduled maturity date and shall not be subject to any
        mandatory repurchase or redemption (other than in connection with a customary conversion, change of control, &#8220;fundamental change&#8221; provision or acceleration after an event of default) earlier than 91 calendar days after the Latest Maturity Date at
        the time of issuance and any such repurchase or redemption right is subject to the repayment of the Loan Document Obligations, (v) such Convertible Indebtedness shall not have an all-in-yield (excluding any arrangement, amendment, syndication,
        commitment, underwriting, structuring, ticking or other similar fees payable in connection therewith that are not generally shared with all of the holders of such Indebtedness) greater than 8.00% per annum (with any original issue discount equated
        to interest based on the convertible debt maturity date and excluding any additional or special interest that may become payable from time to time) and (vi) the Borrower shall have delivered to the Administrative Agent a certificate of a
        Responsible Officer of the Borrower certifying as to the foregoing clauses (i) through (v) in form and substance satisfactory to the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Corresponding Tenor</u></font>&#8221;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">&#160;</font>with respect to any Available Tenor means, as applicable, either a tenor (including overnight) or an interest payment period having approximately the same length (disregarding business day adjustment) as such
        Available Tenor.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Covered Entity</u></font>&#8221; means any of the following:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z943d5722437f441e9e535187155794ee">

          <tr>
            <td style="width: 90pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">(i)</td>
            <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
              <div style="font-family: 'Times New Roman';">a &#8220;covered entity&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &#167; 252.82(b);</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z745e261628834dd28447c4547e8aa4df">

          <tr>
            <td style="width: 90pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">(ii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
              <div style="font-family: 'Times New Roman';">a &#8220;covered bank&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &#167; 47.3(b); or</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" class="DSPFListTable" id="z50bd478c922f47fdad0586f46aa95678">

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            <td style="width: 90pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">(iii)</td>
            <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
              <div style="font-family: 'Times New Roman';">a &#8220;covered FSI&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &#167; 382.2(b).</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Covered Party</u></font>&#8221; has the meaning assigned to it in Section 9.21.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Credit Party</u></font>&#8221; means the Administrative Agent, each Issuing Bank and each other Lender.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Daily Simple ESTR</u></font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221; means, for any day, ESTR, with the conventions for this rate (which may include a lookback) being established by the
          Administrative Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining &#8220;Daily Simple ESTR&#8221; for business loans; <u>provided</u> that, if the Administrative Agent decides
          that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion.</font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Daily Simple RFR</u></font>&#8221; means, for any day (an &#8220;<font style="font-family: 'Times New Roman';"><u>RFR Interest Day</u></font>&#8221;), an interest rate per annum equal to, for any RFR Loan denominated in Sterling, SONIA for the day that is five RFR Business Days prior to (a) if such RFR Interest Day is an
        RFR Business Day, such RFR Interest Day or (b) if such RFR Interest Day is not an RFR Business Day, the RFR Business Day immediately preceding such RFR Interest Day.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">22</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Daily Simple SOFR</u></font>&#8221;<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;</sup>means, for any day (a &#8220;<font style="font-family: 'Times New Roman';"><u>SOFR Rate Day</u></font>&#8221;), a rate per annum equal to SOFR for the day that is five U.S. Government Securities Business Days prior to (i) if such SOFR Rate Day is a U.S. Government Securities Business
        Day, such SOFR Rate Day or (ii) if such SOFR Rate Day is not a U.S. Government Securities Business Day, the U.S. Government Securities Business Day immediately preceding such SOFR Rate Day, in each case, as such SOFR is published by the SOFR
        Administrator on the SOFR Administrator&#8217;s Website.&#160; Any change in Daily Simple SOFR due to a change in SOFR shall be effective from and including the effective date of such change in SOFR without notice to the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Declining Lender</u></font>&#8221; has the meaning assigned to such term in Section 2.22(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Default</u></font>&#8221; means any event or condition that constitutes an Event of Default or that upon
        notice, lapse of time or both would, unless cured or waived, constitute an Event of Default.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Default Right</u></font>&#8221; has the meaning assigned to that term in, and shall be interpreted in
        accordance with, 12 C.F.R. &#167;&#167; 252.81, 47.2 or 382.1, as applicable.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Defaulting Lender</u></font>&#8221; means any Lender that (a) has failed, within two Business Days of
        the date required to be funded or paid, to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit or (iii) pay over to any Credit Party any other amount required to be paid by it hereunder, unless, in
        the case of clause (i) above, such Lender notifies the Administrative Agent in writing that such failure is the result of such Lender&#8217;s good faith determination that a condition precedent to funding (specifically identified in such writing,
        including, if applicable, by reference to a specific Default) has not been satisfied, (b) has notified the Borrower or any Credit Party in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any
        of its funding obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Lender&#8217;s good faith determination that a condition precedent to funding (specifically identified in such writing,
        including, if applicable, by reference to a specific Default) cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after request by a Credit Party, made in good
        faith, to provide a certification in writing from an authorized officer of such Lender that it will comply with its obligations (and is financially able to meet such obligations) to fund prospective Loans and participations in then outstanding
        Letters of Credit; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon such Credit Party&#8217;s receipt of such certification in form and substance
        satisfactory to it and the Administrative Agent or (d) has, or has a direct or indirect parent company that has, become the subject of a Bankruptcy Event.&#160; Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any
        one or more of clauses (a) through (d) above shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.20) upon delivery of written notice of such determination to the
        Borrower, each Issuing Bank and each other Lender.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Designated Non-Cash Consideration</u></font>&#8221; means the fair market value of non-cash
        consideration received by the Borrower or a Subsidiary in connection with a disposition pursuant to Section 6.05(k) that is designated as Designated Non-Cash Consideration pursuant to a certificate of an executive officer, setting forth the basis
        of such valuation (which amount will be reduced by the fair market value of the portion of the non-cash consideration converted to cash within 180 days following the consummation of such disposition).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Designated Subsidiary</u></font>&#8221; has the meaning assigned to such term in Section 5.12(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">23</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Disqualified Equity Interest</u></font>&#8221; means any Equity Interest that (a) matures or is
        mandatorily redeemable (other than solely for Qualified Equity Interests) or subject to mandatory repurchase or redemption or repurchase at the option of the holders thereof, in each case in whole or in part and whether upon the occurrence of any
        event, pursuant to a sinking fund obligation on a fixed date or otherwise, prior to the date that is 91 days after the Latest Maturity Date (determined as of the date of issuance thereof or, in the case of any such Equity Interests outstanding on
        the date hereof, as of the date hereof), other than (i) upon payment in full of the Loan Document Obligations, reduction of the LC Exposure to zero and termination of the Commitments or (ii) upon a &#8220;change in control&#8221; or asset sale or casualty or
        condemnation event; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that any payment required pursuant to this clause (ii) shall be subject to the prior repayment in full of the Loan Document Obligations, reduction of the LC
        Exposure to zero and termination of the Commitments or (b) is convertible or exchangeable, automatically or at the option of any holder thereof, into (i) any Indebtedness (other than any Indebtedness described in clause (k) of the definition
        thereof) or (ii) any Equity Interests other than Qualified Equity Interests, in each case at any time prior to the date that is 91 days after the Latest Maturity Date (determined as of the date of issuance thereof or, in the case of any such Equity
        Interests outstanding on the date hereof, as of the date hereof); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that an Equity Interest in any Person that is issued to any bona fide employee or to any bona fide plan for the
        benefit of employees or by any such plan to such employees shall not constitute a Disqualified Equity Interest solely because it may be required to be repurchased by such Person or any of its subsidiaries in order to satisfy applicable statutory or
        regulatory obligations or as a result of such employee&#8217;s termination, death or disability.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Documentation Agents</u></font>&#8221; means, collectively, Citibank, N.A., Goldman Sachs Bank USA,
        Citizens Bank, N.A. RBC Capital Markets and The Northern Trust Company.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Dollar Equivalent</u></font>&#8221; means, on any date of determination, (a) with respect to any
          amount in Dollars, such amount, and (b) with respect to any amount in any Permitted Foreign Currency, the equivalent in Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.10 using the Exchange Rate with respect
          to such Permitted Foreign Currency at the time in effect under the provisions of such Section.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: left; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Dollars</u></font>&#8221; or &#8220;<font style="font-family: 'Times New Roman';"><u>$</u></font>&#8221; refers to
          lawful currency of the United States of America.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>ECF Sweep Amount</u></font>&#8221; has the meaning assigned to such term in Section 2.11(d).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Ecommerce Restructuring</u></font>&#8221; shall mean the following:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(a)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="font-family: 'Times New Roman';">the conversion of (i) Pitney Bowes
            Global E-commerce Inc. (&#8220;<font style="font-family: 'Times New Roman';"><u>PBGEC</u></font>&#8221;) to DRF Logistics, LLC, a Delaware limited liability company and (ii) Pitney Bowes Global Logistics LLC (&#8220;<font style="font-family: 'Times New Roman';"><u>PBGL</u></font>&#8221;)




            to DRF, LLC, a Texas limited liability company;</font></font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; <font style="font-family: 'Times New Roman';">the sale, transfer or other
            disposition (including by subscription of equity interests by a third party in such entity) of at least 51% of the voting interests in PBGEC to an affiliate of Hilco Commercial Industrial, LLC; <font style="font-family: 'Times New Roman';"><u>provided</u></font>
            that the assets of the Released Group as of the date of such sale, transfer or disposition shall consist solely of (x) those assets held by the Released Group as of July 1, 2024, (y) those assets set forth on Schedule 1(b) of the Shared
            Services Agreement and (z) <font style="font-family: 'Times New Roman'; font-style: italic;">de minimis</font> assets transferred to the Released Group following July 1, 2024 and prior to the date of disposition of such equity interests;</font></font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(c)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="font-family: 'Times New Roman';">the Specified GEC DIP Financing; and</font></font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">24</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(d)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160;&#160; <font style="font-family: 'Times New Roman';">each Specified GEC Entity shall
            become a debtor in a U.S. Bankruptcy Case.</font></font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>EEA Financial Institution</u></font>&#8221; means (a) any institution established in any EEA Member
        Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition or (c) any institution established in an
        EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>EEA Member Country</u></font>&#8221; means any of the member states of the European Union, Iceland,
        Liechtenstein and Norway.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>EEA Resolution Authority</u></font>&#8221; means any public administrative authority or any Person
        entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Electronic Signature</u></font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221; means an electronic sound, symbol, or process attached to, or associated with, a contract or other record and adopted
          by a Person with the intent to sign, authenticate or accept such contract or record.</font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Eligible Assignee</u></font>&#8221; means (a) a Lender, (b) an Affiliate of a Lender, (c) an Approved
        Fund and (d) any other Person, other than, in each case, a natural person, a Defaulting Lender, the Borrower, any Subsidiary and any other Affiliate of the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Environmental Law</u></font>&#8221; means any treaty, law (including common law), rule, regulation,
        code, ordinance, order, decree, judgment, injunction, notice or binding agreement issued, promulgated or entered into by or with any Governmental Authority, relating in any way to (a) the protection of the environment, (b) the preservation or
        reclamation of natural resources, (c) the generation, management, Release or threatened Release of any Hazardous Material or (d) health and safety matters, to the extent relating to the exposure to Hazardous Materials.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Environmental Liability</u></font>&#8221; means any liability, obligation, loss, claim, action, order or
        cost, contingent or otherwise (including any liability for damages, costs of medical monitoring, costs of environmental remediation or restoration, administrative oversight costs, consultants&#8217; fees, fines, penalties and indemnities), directly or
        indirectly resulting from or based upon (a) any actual or alleged violation of any Environmental Law or permit, license or approval required thereunder, (b) the generation, use, handling, transportation, storage, treatment or disposal of any
        Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the Release or threatened Release of any Hazardous Materials or (e) any legally binding contract or agreement or other legally binding consensual arrangement pursuant to which
        liability is assumed or imposed with respect to any of the foregoing.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Equity Interests</u></font>&#8221; means shares of capital stock, partnership interests, membership
        interests in a limited liability company, beneficial interests in a trust or other equity ownership interests (whether voting or non-voting) in, or interests in the income or profits of, a Person, and any warrants, options or other rights entitling
        the holder thereof to purchase or acquire any of the foregoing, but excluding any Convertible Indebtedness and any other debt security that is convertible into or exchangeable for Equity Interests of such Person.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">25</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>ERISA</u></font>&#8221; means the Employee Retirement Income Security Act of 1974, as amended, and the
        rules and regulations promulgated thereunder.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>ERISA Affiliate</u></font>&#8221; means any trade or business (whether or not incorporated) that,
        together with the Borrower, is treated as a single employer under Section 414(b) or 414(c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>ERISA Event</u></font>&#8221; means (a) any &#8220;reportable event&#8221;, as defined in Section 4043(c) of ERISA
        or the regulations issued thereunder with respect to a Plan (other than an event for which the 30&#8209;day notice period is waived), (b) any failure by any Plan to satisfy the minimum funding standard (within the meaning of Section 412 of the Code or
        Section 302 of ERISA) applicable to such Plan, whether or not waived, (c) the filing pursuant to Section 412(c) of the Code or Section 302(c) of ERISA of an application for a waiver of the minimum funding standard with respect to any Plan, (d) a
        determination that any Plan is, or is expected to be, in &#8220;at risk&#8221; status (as defined in Section 303(i)(4) of ERISA or Section 430(i)(4)(A) of the Code), (e) the incurrence by the Borrower or any of its ERISA Affiliates of any liability under Title
        IV of ERISA with respect to the termination of any Plan under Section 4041 or 4041A of ERISA, respectively, (f) the receipt by the Borrower or any of its ERISA Affiliates from the PBGC or a plan administrator of any notice relating to an intention
        to terminate any Plan under Section 4041 or 4041A of ERISA, respectively, or to appoint a trustee to administer any Plan, (g) the incurrence by the Borrower or any of its ERISA Affiliates of any liability with respect to the withdrawal or partial
        withdrawal from any Plan or Multiemployer Plan, (h) the receipt by the Borrower or any ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan from the Borrower or any of its ERISA Affiliates of any notice, concerning the imposition
        of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent within the meaning of Title IV of ERISA, or in endangered or critical status, within the meaning of Section 305 of ERISA or (i) any Foreign
        Benefit Event.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>EU Bail-In Legislation Schedule</u></font>&#8221; means the EU Bail-In Legislation Schedule published by
        the Loan Market Association (or any successor Person), as in effect from time to time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>EURIBO Rate</u></font>&#8221; means, with respect to any Term Benchmark Borrowing denominated in Euros
        for any Interest Period, the Screen Rate as of the Specified Time on the Quotation Day; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that with respect to an Impacted Interest Period, the EURIBO Rate shall be the
        Interpolated Rate with respect to Euros as of the Specified Time on the Quotation Day; and <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font>, that if the
        EURIBO Rate shall be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Euro</u></font>&#8221; or &#8220;&#8364;&#8221; means the single currency unit of the Participating Member States.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Event of Default</u></font>&#8221; has the meaning assigned to such term in Section 7.01.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Excess Cash Flow</u></font>&#8221; means, for any fiscal year of the Borrower, the sum (without
          duplication) of:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">26</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a) the Consolidated Net Income (or loss) of the Restricted Group for such fiscal year, adjusted to exclude (i) net income (or loss) of any
          consolidated Restricted Subsidiary that is not wholly owned by the Borrower to the extent such income or loss is attributable to the non-controlling interest in such consolidated Restricted Subsidiary, (ii) any non-cash gains (or non-cash losses)
          attributable to sale or disposition of any asset of the Restricted Group outside the ordinary course of business to the extent included (or deducted) in calculating Consolidated Net Income and (iii) the undistributed earnings of any Restricted
          Subsidiary of the Borrower (other than any Restricted Subsidiary that is a Loan Party) to the extent that the declaration or payment of dividends or similar distributions by such Restricted Subsidiary is not at the time permitted by the terms of
          any contractual obligation (other than under any Loan Document) or Requirement of Law applicable to such Restricted Subsidiary unless such restriction or prohibition with respect to the declaration or payment of dividends or similar distributions
          has been legally waived (<font style="font-family: 'Times New Roman';"><u>provided</u></font>, that Consolidated Net Income will be increased by the amount of dividends or other distributions paid in cash to any member of the Restricted Group not
          subject to such restriction or prohibition in respect of such period, to the extent not already included therein); <font style="font-family: 'Times New Roman';"><u>plus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) the sum of (i) depreciation, amortization and other non-cash charges or losses deducted in determining such Consolidated Net Income (or loss)
          for such fiscal year and (ii) any cash gains excluded in the calculation of such Consolidated Net Income (or loss) for such fiscal year pursuant to the proviso in the definition of Consolidated Net Income; <font style="font-family: 'Times New Roman';"><u>plus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c) the sum of (i) the amount, if any, by which Net Working Capital decreased during such fiscal year (except as a result of the reclassification
          of items from short-term to long-term or vice-versa), (ii) the net amount, if any, by which the consolidated deferred revenues and other consolidated accrued long-term liability accounts of the Restricted Group increased during such fiscal year
          and (iii) the net amount, if any, by which the consolidated accrued long-term asset accounts of the Restricted Group decreased during such fiscal year; <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d) the sum of (i) any non-cash credits and gains included in determining such Consolidated Net Income (or loss) for such fiscal year, (ii) any
          cash losses or charges excluded in the calculation of Consolidated Net Income (or loss) for such fiscal year pursuant to the proviso in the definition of Consolidated Net Income, (iii) the amount, if any, by which Net Working Capital increased
          during such fiscal year (except as a result of the reclassification of items from long-term to short-term or vice-versa), (iv) the net amount, if any, by which the consolidated deferred revenues and other consolidated accrued long-term liability
          accounts of the Restricted Group decreased during such fiscal year and (v) the net amount, if any, by which the consolidated accrued long-term asset accounts of the Restricted Group increased during such fiscal year; <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e) the sum (without duplication) of (i) Capital Expenditures made in cash for such fiscal year (and, at the Borrower&#8217;s option (and without
          deducting such amounts against the subsequent fiscal year&#8217;s Excess Cash Flow calculation), after the end of such fiscal year but prior to the date on which the prepayment pursuant to Section 2.11(d) for such fiscal year is required to have been
          made) (except to the extent attributable to the incurrence of Capital Lease Obligations or otherwise financed from Excluded Sources (other than Revolving Loans)) and (ii) cash consideration paid during such fiscal year to make acquisitions or
          other Investments (other than Permitted Investments) (except to the extent financed from Excluded Sources (other than Revolving Loans)); <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f) the aggregate principal amount of Indebtedness repaid or prepaid, payments of earn-out obligations and the principal component of payments in
          respect of Capital Lease Obligations, in each case by the Restricted Group during such fiscal year (and, at the Borrower&#8217;s option (and without deducting such amounts against the subsequent fiscal year&#8217;s Excess Cash Flow calculation), after the
          end of such fiscal year but prior to the date on which the prepayment pursuant to Section 2.11(d) for such fiscal year is required to have been made), excluding (i) Indebtedness in respect of Revolving Loans and Letters of Credit or other
          revolving credit facilities (unless there is a corresponding reduction in the Revolving Commitments or the commitments in respect of such other revolving credit facilities, as applicable), (ii) Term Loans voluntarily prepaid or prepaid pursuant
          to Section 2.11(c) or (d) and, to the extent Revolving Commitments are permanently reduced, Revolving Loans voluntarily prepaid, (iii) voluntary prepayments of other Indebtedness secured by the Collateral on a <font style="font-family: 'Times New Roman';"><u>pari</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>passu</u></font> basis with the Obligations and (iv) repayments or prepayments of Indebtedness financed from Excluded Sources (other than Revolving Loans); <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">27</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g) the aggregate amount of Restricted Payments made in cash during such fiscal year in accordance with Section 6.08(a)(iii) (and, at the
          Borrower&#8217;s option (and without deducting such amounts against the subsequent fiscal year&#8217;s Excess Cash Flow calculation), after the end of such fiscal year but prior to the date on which the prepayment pursuant to Section 2.11(d) for such fiscal
          year is required to have been made), except to the extent that such Restricted Payments (i) are made to fund expenditures that reduce Consolidated Net Income (or loss) of the Restricted Group or (ii) are financed from Excluded Sources; <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(h) without duplication of amounts deducted from Excess Cash Flow in a prior period, the aggregate consideration required to be paid in cash by
          the Borrower and its Restricted Subsidiaries pursuant to binding contracts (the &#8220;<font style="font-family: 'Times New Roman';"><u>Contract Consideration</u></font>&#8221;) entered into prior to or during such period relating to acquisitions and other
          Investments (other than Permitted Investments) and Capital Expenditures and expected to be consummated or made during the period of 12 months following the end of such period (except, in each case, to the extent financed from Excluded Sources); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that to the extent the aggregate amount of cash actually utilized to finance such acquisitions and other Investments (other than Permitted Investments) and Capital Expenditures
          during such following period of 12 months is less than the Contract Consideration, the amount of such shortfall shall be added to the calculation of Excess Cash Flow at the end of such period; <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(i) the aggregate amount of any premium, make-whole or penalty payments that are paid in cash during such fiscal year in connection with any
          prepayment Indebtedness, to the extent not deducted in determining such Consolidated Net Income (or loss) for such fiscal year;<font style="font-family: 'Times New Roman';"><u> minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(j) the aggregate amount of mandatory prepayments made pursuant to Section 2.11(c) (or any similar provision in the agreement governing any other
          Indebtedness secured by the Collateral on a pari passu basis) with the proceeds of any event described in clause (a) or (b) of the definition of &#8220;Prepayment Event&#8221; during such fiscal year to the extent such proceeds are included in the
          calculation of such Consolidated Net Income (or loss) for such fiscal year; <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(k) the aggregate amount of deferred compensation paid in cash during such fiscal year; <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(l) cash payments made during such fiscal year in respect of long-term liabilities (other than amounts covered by clause (f) above or excluded
          pursuant to subclauses (i)-(iv) of clause (f) above) of the Restricted Group to the extent such payments were not expensed during such period or are not deducted in determining Consolidated Net Income (or loss) for such fiscal year, except to the
          extent financed from Excluded Sources (other than Revolving Loans); <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(m) cash expenditures in respect of Hedge Agreements during such period to the extent not deducted in arriving at such Consolidated Net Income; <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">28</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(n) the amount of taxes (including penalties and interest) paid in cash or tax reserves set aside or payable (without duplication) in such period
          to the extent such amounts exceed the amount of tax expense deducted in determining Consolidated Net Income for such period.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Exchange Act</u></font>&#8221; means the United States Securities Exchange Act of 1934, as amended from
        time to time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Exchange Rate</u></font>&#8221; means, on any day, for purposes of determining the Dollar Equivalent of
        any Permitted Foreign Currency, the rate at which such Permitted Foreign Currency may be exchanged into Dollars on such day as last provided (either by publication or as may otherwise be provided to the Administrative Agent) by the applicable
        Reuters source on the Business Day (determined based on New York City time) immediately preceding such day of determination (or, if a Reuters source ceases to be available or Reuters ceases to provide such rate of exchange, as last provided by such
        other publicly available information service that provides such rate of exchange at such time as shall be selected by the Administrative Agent from time to time in its sole discretion).&#160; Notwithstanding the foregoing provisions of this definition
        or the definition of the term &#8220;Dollar Equivalent&#8221;, each Issuing Bank may, solely for purposes of computing the fronting fees owed to it under Section 2.12(b), compute the Exchange Rate for purposes of determining the LC Exposure attributable to any
        Letter of Credit issued by it that is denominated in a Permitted Foreign Currency by reference to exchange rates determined using any method customarily employed by it for such purpose.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Exchange Rate Date</u></font>&#8221; means (a) with respect to any Loan denominated in any Permitted
        Foreign Currency, each of (i) the date of the commencement of the initial Interest Period therefor and (ii) the date of the commencement of each subsequent Interest Period therefor, (b) with respect to any Letter of Credit denominated in a
        Permitted Foreign Currency, each of (i) the date on which such Letter of Credit is issued, (ii) the first Business Day of each calendar month commencing after the date of issuance of such Letter of Credit and (iii) the date of any amendment of such
        Letter of Credit that has the effect of increasing the amount thereof and (c) if an Event of Default has occurred and is continuing, any Business Day designated as an Exchange Rate Date by the Administrative Agent in its sole discretion.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;<u>Excluded Deposit Account</u>&#8221; means (a) any deposit account
          the funds in which are used solely for the payment of salaries and wages, workers&#8217; compensation and similar expenses in the ordinary course of business, (b) any deposit account that is a zero-balance disbursement account and sweeps no less
          frequently than weekly to an account that is not an Excluded Deposit Account (and/or to an Excluded Deposit Account described in clause (c)(iii) or (c)(iv) of this definition), (c) any deposit account the funds in which consist solely of (i)
          funds held by the Borrower or any Restricted Subsidiary in trust for any director, officer or employee of the Borrower or any Restricted Subsidiary or any employee benefit plan maintained by</font><font style="font-size: 10pt;"> the Borrower or<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> any Restricted Subsidiary, (ii) funds representing deferred compensation for the directors and employees of the Borrower or any Restricted Subsidiary, (iii) funds held as part of
            bona fide escrow arrangements or owned by Persons other than the Loan Parties or (iv) funds constituting collateral pledged to Persons other than the Secured Parties (in their capacity as such) as permitted under this Agreement, (d) any
            accounts located outside of the United States and (e) any deposit account that does not have an average cash balance for any consecutive 30-day period exceeding $5,000,000, <u>provided</u> that not more than a maximum aggregate amount of
            $10,000,000 of cash shall be maintained at deposit accounts not subject to a Blocked Account Agreement at any time.</font></font></div>
      <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">29</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Excluded Property</u></font>&#8221; means the following assets and property of any Loan Party: (i) all
        leasehold interests and any fee-owned real property other than Material Real Property (including requirements to deliver landlord waivers, estoppels and collateral access letters); (ii) aircraft, rolling stock, motor vehicles and other assets
        subject to certificates of title, letter of credit rights (except to the extent perfection can be obtained by filing of Uniform Commercial Code financing statements or equivalent) and commercial tort claims for which a complaint or a counterclaim
        has not yet been filed in a court of competent jurisdiction and commercial tort claims reasonably expected to result in a judgment not in excess of $5,000,000; (iii) &#8220;margin stock&#8221; (within the meaning of Regulation U), and pledges and security
        interests prohibited by applicable law, rule or regulation; (iv) Equity Interests in (x) any Excluded Subsidiary of the type described in clauses (a), (b) (to the extent (1) requiring the consent of one or more third parties (other than the
        Borrower or any of its Subsidiaries or any director, officer or employee thereof), (2) triggering a right of first refusal or co-sale rights or similar rights of third parties or (3) prohibited by the terms of any applicable organizational
        documents, joint venture agreement or shareholder&#8217;s agreement in each case pursuant to such agreement or other contractual arrangements in effect on the Sixth Amendment Effective Date or at the time of such acquisition or formation of such
        Subsidiary (and not entered into in connection with such acquisition or formation) and unless such consent has been received), (e) or (h) of the definition thereof or (y) any Person other than wholly owned Subsidiaries to the extent (1) requiring
        the consent of one or more third parties (other than the Borrower or any of its Subsidiaries or any director, officer or employee thereof), (2) triggering a right of first refusal or co-sale rights or similar rights of third parties or (3) the
        pledge thereof is not permitted by the terms of such Person&#8217;s organizational documents, joint venture documents or similar contractual obligations, in each case pursuant to such agreement or other contractual arrangements in effect on the Sixth
        Amendment Effective Date or at the time of such acquisition or formation of such Subsidiary (and not entered into in connection with such acquisition or formation) and unless such consent has been received); (v) assets (for the avoidance of doubt,
        including any voting Equity Interests of any entity) to the extent a security interest in such assets would result in material adverse tax consequences to the Borrower or any of its Subsidiaries (as reasonably determined in good faith by the
        Borrower in consultation with the Administrative Agent); (vi) rights, title or interest in any lease, license, sublicense or other agreement or in any equipment or property subject to a purchase money security interest, capitalized lease obligation
        or similar arrangement to the extent that a grant of a security interest therein would violate or invalidate such lease, license, sublicense or agreement or purchase money arrangement, capitalized lease obligation or similar arrangement or require
        the consent of any Person or create a right of termination in favor of any other party thereto (other than a Loan Party or any of its subsidiaries) after giving effect to the applicable anti-assignment provisions of the Uniform Commercial Code or
        equivalent law, other than proceeds and receivables thereof, the assignment of which is expressly deemed effective under the Uniform Commercial Code or equivalent law notwithstanding such prohibition; (vii) assets that are (x) prohibited by
        applicable law, rule or regulation or require governmental (including regulatory) consent, approval, license or authorization to pledge such assets or (y) contractually prohibited on the Closing Date or the date of acquisition of such asset (or on
        the date an Excluded Subsidiary becomes a Loan Party by guaranteeing the Obligations) from pledging such assets, so long as such prohibition is not created in contemplation of such transaction, and unless such consent, approval, license or
        authorization has been received, in each case, after giving effect to the applicable anti-assignment provisions of the Uniform Commercial Code and other applicable requirements of law (including, for the avoidance of doubt, any postal meters and
        any assets or Equity Interests that are the subject of the Software Business Sale); (viii) any intent-to-use trademark application filed in the United States Patent and Trademark Office pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. Section
        1051, prior to the accepted filing of a &#8220;Statement of Use&#8221; and issuance of a &#8220;Certificate of Registration&#8221; pursuant to Section 1(d) of the Lanham Act or an accepted filing of an &#8220;Amendment to Allege Use&#8221; whereby such intent-to-use trademark
        application is converted to a &#8220;use in commerce&#8221; application pursuant to Section 1(c) of the Lanham Act and any other intellectual property in any jurisdiction where such pledge or security interest would cause the invalidation or abandonment of
        such intellectual property under applicable law; (ix) Permitted Receivables Facility Assets sold, conveyed or otherwise transferred or pledged in connection with any Permitted Receivables Facility; (x) Excluded Deposit Accounts (including funds
        held therein); (xi) Excluded Securities Accounts (including funds or other assets held therein); (xii) any governmental licenses or state or local franchises, charters and authorizations, to the extent security interests in favor of the
        Administrative Agent in such licenses, franchises, charters or authorizations are prohibited or restricted thereby or under applicable law, after giving effect to the applicable anti-assignment provisions of the Uniform Commercial Code and other
        applicable requirements of law; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that in the event of the termination or elimination of any such prohibition or restriction contained in any applicable license, franchise, charter
        or authorization or applicable Law, a security interest in such licenses, franchises, charters or authorizations shall be automatically and simultaneously granted under the applicable Security Documents and such license, franchise, charter or
        authorization shall be included as Collateral; (xiii) other than with respect to a Specified Foreign Subsidiary added as a Loan Party pursuant to Section 5.11, 5.13 or 5.16, assets of Loan Parties located in any jurisdiction outside of the United
        States (but excluding (1) subject to clause (xiv) and (xv) hereof, Equity Interests of any Foreign Subsidiary or any other Person organized in a jurisdiction outside of the United States and (2) assets owned by a Loan Party organized under the laws
        of the United States in which a security interest can be perfected by the filing of a Uniform Commercial Code financing statement or by delivery of certificates evidencing Equity Interests); (xiv) voting Equity Interests in excess of 65% of the
        issued and outstanding voting Equity Interests of any Foreign Subsidiary identified on Schedule 1.01(a), (xv) any Indenture Restricted Property, (xvi) any assets or property of a Specified Foreign Subsidiary that may be agreed to be excluded from
        the Collateral pursuant to the security documentation entered into pursuant to Section 5.16 with respect to such Specified Foreign Subsidiary and (xvii) those assets as to which the Administrative Agent and the Borrower reasonably agree that the
        cost or other consequences of obtaining such a security interest or perfection thereof are excessive in relation to the benefit to the Lenders of the security to be afforded thereby.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">30</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Excluded Refinanced Debt</u></font>&#8221; has the meaning assigned to such term in the definition of
        &#8220;Refinancing Indebtedness&#8221;.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Excluded Securities Account</u></font>&#8221; means (a) any securities account the
        funds in which are used solely for the payment of salaries and wages, workers&#8217; compensation and similar expenses in the ordinary course of business, (b) any securities account the funds or assets in which consist solely of (i) funds or assets held
        by the Borrower or any Restricted Subsidiary in trust for any director, officer or employee of the Borrower or any Restricted Subsidiary or any employee benefit plan maintained by the Borrower or any Restricted Subsidiary, (ii) funds or assets
        representing deferred compensation for the directors and employees of the Borrower or any Restricted Subsidiary, (iii) funds or assets held as part of bona fide escrow arrangements or owned by Persons other than the Loan Parties or (iv) funds or
        assets constituting collateral pledged to Persons other than the Secured Parties (in their capacity as such) as permitted under this Agreement, (c) any securities account located outside of the United States and (d) any securities account that does
        not have an average cash balance for any consecutive 30-day period exceeding $5,000,000, <font style="font-family: 'Times New Roman';"><u>provided</u></font> that not more than a maximum aggregate amount of $10,000,000 of cash shall be maintained
        at securities accounts not subject to a Blocked Account Agreement at any time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Excluded Sources</u></font>&#8221; means (a) proceeds of any incurrence or issuance of Long-Term
        Indebtedness or Capital Lease Obligations and (b) proceeds of any issuance or sale of Equity Interests in any member of the Restricted Group (other than issuances or sales of Equity Interests to a member of the Restricted Group) or any capital
        contributions to any member of the Restricted Group (other than any capital contributions made by a member of the Restricted Group).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">31</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Excluded Subsidiary</u></font>&#8221; means (a) each Subsidiary designated by the Borrower for the
        purpose of this clause (a) from time to time, for so long as any such Subsidiary does not constitute a Material Subsidiary as of the most recently ended four fiscal quarters of the Borrower; <font style="font-family: 'Times New Roman';"><u>provided</u></font>
        that if such Subsidiary would constitute a Material Subsidiary as of the end of such four fiscal quarter period, the Borrower shall cause such Subsidiary to become a Loan Party pursuant to Section 5.12, (b) each Subsidiary that is not a wholly
        owned Subsidiary or otherwise constitutes a joint venture (for so long as such Subsidiary remains a non-wholly owned Subsidiary or joint venture), (c) each Subsidiary that is prohibited by any applicable law, regulation or contract to provide the
        Guarantee required by the Collateral and Guarantee Requirement (so long as any such contractual restriction is not incurred in contemplation of such Person becoming a Subsidiary) (unless such prohibition is removed or any necessary consent,
        approval, waiver or authorization has been received), or would require governmental (including regulatory) consent, approval, license or authorization to provide such Guarantee, unless such consent, approval, license or authorization has been
        received (and for so long as such restriction or any replacement or renewal thereof is in effect) (including, for the avoidance of doubt, The Pitney Bowes Bank, Inc., and its subsidiaries; <font style="font-family: 'Times New Roman';"><u>provided</u></font>
        that no Subsidiary that as of the Sixth Amendment Effective Date is not a Subsidiary of The Pitney Bowes Bank, Inc. may become a Subsidiary of The Pitney Bowes Bank, Inc. after the Sixth Amendment Effective Date), (d) from and after the Seventh
        Amendment Effective Date, any Specified GEC Entity; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, if a Specified GEC Bankruptcy Event with respect to a Specified GEC Entity shall not have occurred prior to the
        Specified GEC Bankruptcy Event Outside Date, such Specified GEC Entity shall cease be an Excluded Subsidiary from and after the Specified GEC Bankruptcy Event Outside Date and the Borrower shall cause such Subsidiary to become a Loan Party pursuant
        to <font style="font-family: 'Times New Roman';"><u>Section 5.12 </u></font>to the extent it then constitutes a Subsidiary, (e) any special purpose entity or broker-dealer entity, (f) any Subsidiary listed on Schedule 1.01(b), (g) any Subsidiary
        to the extent that the guarantee of the Obligations by such entity would result in material adverse tax consequences to the Borrower or any of its Subsidiaries (as reasonably determined in good faith by the Borrower in consultation with the
        Administrative Agent), (h) any Captive Insurance Subsidiary, (i) any non-profit Subsidiary for bona fide charitable purposes, (j) any Subsidiary of the Borrower that is, or would become as a result of providing the Guarantee required by the
        Collateral and Guarantee Requirement, an &#8220;investment company&#8221; as defined in, or subject to regulation under, the Investment Company Act, (k) any Foreign Subsidiary other than a Specified Foreign Subsidiary or (l) any other Subsidiary with respect
        to which, in the reasonable judgment of the Administrative Agent and the Borrower, the cost, burden, difficulty or other consequence of guaranteeing the Obligations shall be excessive in view of the benefits to be obtained by the Secured Parties
        therefrom; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that a Subsidiary that has become a Designated Subsidiary shall not constitute an Excluded Subsidiary; <font style="font-family: 'Times New Roman';"><u>provided,</u></font><font style="font-family: 'Times New Roman'; font-style: italic;">&#160;</font><font style="font-family: 'Times New Roman';"><u>further</u></font> that if any Subsidiary ceases to be an Excluded Subsidiary under the First Lien Note Purchase Agreement or
        otherwise is required to guarantee any obligations under the First Lien Note Purchase Agreement, it shall automatically cease to be an Excluded Subsidiary under this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Excluded Swap Guarantor</u></font>&#8221; means any Loan Party all or a portion of whose Guarantee of,
        or grant of a security interest to secure, any Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or
        official interpretation of any thereof).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">32</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Excluded Swap Obligations</u></font>&#8221; means, with respect to any Loan Party, any Swap Obligation
        if, and to the extent that, all or a portion of the Guarantee of such Loan Party of, or the grant by such Loan Party of a security interest to secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity
        Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Loan Party&#8217;s failure for any reason to constitute an &#8220;eligible contract
        participant&#8221; as defined in the Commodity Exchange Act and the regulations thereunder at the time the Guarantee of such Loan Party or the grant of such security interest becomes effective with respect to such Swap Obligation. If a Swap Obligation
        arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to swaps for which such Guarantee or security interest is or becomes illegal.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Excluded Taxes</u></font>&#8221; means any of the following Taxes imposed on or with respect to a
        Recipient or required to be withheld or deducted from a payment to a Recipient:&#160; (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes and branch profits Taxes, in each case (i) imposed as a result of such Recipient
        being organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection
        Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i)
        such Lender acquires such<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> interest in the Loan or Commitment (other than </font>pursuant to an assignment request by the Borrower under Section 2.19(b) or 9.02(c))<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#160;</font>or (ii) such Lender changes its lending office, except in each case to the extent that, pursuant to Section 2.17, amounts with respect to such Taxes were payable either to such
        Lender&#8217;s assignor immediately before such Lender acquired the applicable interest in a Loan or Commitment or to such Lender immediately before it changed its lending office, (c) Taxes attributable to such Recipient&#8217;s failure to comply with Section
        2.17(f) and (d) <font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">any U.S. federal withholding Taxes imposed under FATCA</font>.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Existing Letters of Credit</u></font>&#8221; means those certain letters of credit, bank guarantees or
        similar instruments (if any) issued prior to, and in effect on, the Closing Date, and either (x) listed on Schedule 1.04 or (y) identified in a notice to the Administrative Agent after the Closing Date.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Existing Maturity Date</u></font>&#8221; has the meaning assigned to such term in Section 2.22(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Existing Revolving Borrowings</u></font>&#8221; has the meaning assigned to such term in Section
        2.21(d).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Existing Senior Notes</u></font>&#8221; means the $214,510,000 aggregate principal amount of 4.625%
        senior unsecured notes due 2024 (until the completion of the redemption thereof in full as part of the refinancing contemplated by the First Lien Note Purchase Agreement), the $380,000,000 aggregate principal amount of 6.875% senior unsecured notes
        due 2027 (the &#8220;<font style="font-family: 'Times New Roman';"><u>Senior Notes Due 2027</u></font>&#8221;), the $350,000,000 aggregate principal amount of 7.25% senior unsecured notes due 2029, the $35,841,000 aggregate principal amount of 5.25% senior
        unsecured notes due 2037 and the $425,000,000 aggregate principal amount of 6.7% senior unsecured notes due 2043, each issued by the Borrower prior to the Sixth Amendment Effective Date.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Existing Senior Notes Documents</u></font>&#8221; means the Existing Senior Notes Indenture, all other
        instruments, agreements and other documents evidencing or governing the Existing Senior Notes or providing for any Guarantee or other right in respect thereof, and all schedules, exhibits and annexes to each of the foregoing, as may be amended
        pursuant to the terms hereof.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Existing Senior Notes Indenture</u></font>&#8221; means the Senior Indenture, dated as of February 14,
        2005, between the Borrower and The Bank of New York Mellon (formerly known as The Bank of New York), as successor trustee to Citibank, N.A.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">33</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Extension Effective Date</u></font>&#8221; has the meaning assigned to such term in Section 2.22(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Fair Market Value</u></font>&#8221; or &#8220;<font style="font-family: 'Times New Roman';"><u>fair market
            value</u></font>&#8221; means, with respect to any asset or group of assets on any date of determination, the value of the consideration obtainable in a sale of such asset at such date of determination assuming a sale by a willing seller to a willing
        purchaser dealing at arm&#8217;s length and arranged in an orderly manner over a reasonable period of time taking into account the nature and characteristics of such asset, as reasonably determined by the Borrower in good faith.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>FATCA</u></font>&#8221; means Sections 1471 through 1474 of the Code, as of the Closing Date (or any
        amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b) of the
        Code and any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement, treaty or convention entered into in connection with the implementation of such Sections of the Code (or any such amended or
        successor version thereof).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Federal Funds Effective Rate</u></font>&#8221; means, for any day, the rate calculated by the NYFRB
          based on such day&#8217;s federal funds transactions by depositary institutions, as determined in such manner as shall set be forth on the NYFRB&#8217;s Website from time to time, and published on the next succeeding Business Day by the NYFRB as the
          effective federal funds rate, <font style="font-family: 'Times New Roman';"><u>provided</u></font> that if the Federal Funds Effective Rate as so determined would be less than zero, such rate shall be deemed to zero for the purposes of this
          Agreement.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Fee Letter</u></font>&#8221; means the Fee Letter, dated October 4, 2019, among JPMCB and the
          Borrower.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Fifth Amendment</u></font>&#8221; means the Fifth Amendment dated as of June 6, 2023, relating to this
          Agreement.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Fifth Amendment Effective Date</u></font>&#8221; means June 6, 2023, which date was the Fifth
          Amendment Effective Date under (and as defined in) the Fifth Amendment.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Fifth Amendment Period</u></font>&#8221; means the period commencing on the Fifth Amendment Effective
          Date.&#160; The Borrower may elect to terminate the Fifth Amendment Period by delivering a Fifth Amendment Period Termination Notice within the period set forth in the definition of such term (and if a Fifth Amendment Period Termination Notice is not
          delivered, the Fifth Amendment Period shall continue in effect under this Agreement).</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Fifth Amendment Period Termination Date</u></font>&#8221; means the date, if any, on which the
          Borrower shall have delivered a Fifth Amendment Period Termination Notice to the Administrative Agent.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Fifth Amendment Period Termination Notice</u></font>&#8221; means a certificate of a Financial Officer
          of the Borrower delivered together with the compliance certificate required to be delivered by it pursuant to Section 5.01(c) with respect to any fiscal quarter or fiscal year ending on or prior to March 31, 2025, certifying that as of the last
          day of such period, the Borrower is in compliance with the applicable Unamended Consolidated Adjusted Interest Coverage Ratio and Unamended Consolidated Adjusted Total Leverage Ratio contained in Section 6.12 and Section 6.13 (with such
          compliance being demonstrated in the calculations set forth in the certificate delivered concurrently pursuant to Section 5.01(c)) and notifying the Administrative Agent that effective as of the date of such certificate, the Fifth Amendment
          Period is terminated.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">34</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Financial Officer</u></font>&#8221; means, with respect to any Person, the chief financial officer,
        principal accounting officer, treasurer or controller of such Person, or any other officer of such Person performing the duties that are customarily performed by a chief financial officer, principal accounting officer, treasurer or controller and
        with respect to limited liability companies that do not have officers, the manager, sole member, managing member or general partner thereof, the chief financial officer, principal accounting officer, treasurer, assistant treasurer or controller of
        such Person, or any other officer of such Person performing the duties that are customarily performed by a chief financial officer, principal accounting officer, treasurer or controller.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Amendment</u></font>&#8221; means the First Amendment dated as of March 19, 2021, relating to this
        Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Amendment Effective Date</u></font>&#8221; means March 19, 2021, which date was the First
        Amendment Effective Date under (and as defined in) the First Amendment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Incremental Facility Amendment</u></font>&#8221; means the First Incremental Facility Amendment,
        dated as of February 19, 2020, among the Borrower, the Incremental Tranche B Term Lenders party thereto and the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Lien Intercreditor Agreement</u></font>&#8221; means the Equal Priority Intercreditor Agreement
        dated as of the Sixth Amendment Effective Date, among the Borrower, the other Loan Parties from time to time party thereto, the Administrative Agent, the First Lien Noteholder Representative and each additional agent from time to time party
        thereto, substantially in the form attached as Exhibit B to the Sixth Amendment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Lien Leverage Ratio</u></font>&#8221; means, as of any date, the ratio of (a) Consolidated First
        Lien Debt on such date to (b) Consolidated EBITDA for the four consecutive fiscal quarters of the Borrower most recently ended for which financial statements have been delivered under Section 5.01(a) or (b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Lien Note Documents</u></font>&#8221; means the &#8220;Note Documents&#8221; as such term is defined in the
        First Lien Note Purchase Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Lien Noteholder Representative</u></font>&#8221; means the noteholder representative under the
        First Lien Note Purchase Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Lien Note Purchase Agreement</u></font>&#8221; means (i) the Note Purchase Agreement dated as of
        July 31, 2023, among the Borrower, as issuer, the subsidiary guarantors from time to time party thereto, Alter Domus (US) LLC, as Noteholder Representative, and the noteholders from time to time party thereto, and (ii) any credit agreement,
        indenture, note purchase agreement or other agreement or instrument evidencing or governing Indebtedness that replaces or refinances Indebtedness under such note purchase agreement (including successive replacements or refinancings), in whole or in
        part, from time to time, in each case as permitted by the terms of the First Lien Intercreditor Agreement and this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Refinancing Facility Agreement</u></font>&#8221; means the First Refinancing Facility Agreement
        dated of March 19, 2021, relating to this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">35</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>First Refinancing Facility Agreement Effective Date</u></font>&#8221; means March 19, 2021, which date
        was the Refinancing Tranche B Term Effective Date under (and as defined in) the First Refinancing Facility Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Fixed Amounts</u></font>&#8221; has the meaning specified in Section 1.06(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Flood Insurance Laws</u></font>&#8221; means, collectively, (i) the National Flood Insurance Reform
          Act of 1994 (which comprehensively revised the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973) as now or hereafter in effect or any successor statute thereto, (ii) the Flood Insurance Reform Act of 2004 as now
          or hereafter in effect or any successor statute thereto and (iii) the Biggert-Waters Flood Insurance Reform Act of 2012 as now or hereafter in effect or any successor statute thereto.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Floor</u></font>&#8221; means the benchmark rate floor, if any, provided in this Agreement initially
          (as of the execution of this Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to the Adjusted Term SOFR Rate, the EURIBO Rate, the Adjusted Daily Simple RFR or the Central Bank Rate, as applicable.&#160;
          For the avoidance of doubt the initial Floor for each of the Adjusted Term SOFR Rate, the EURIBO Rate, the Adjusted Daily Simple RFR and the Central Bank Rate shall be 0.0%.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Foreign Benefit Event</u></font>&#8221; means, with respect to any Foreign Pension Plan, (a) the
          failure to make or, if applicable, accrue in accordance with normal accounting practices, any employer or employee contributions under Requirements of Law or by the terms of such Foreign Pension Plan; (b) the failure to register or loss of good
          standing with applicable regulatory authorities of any such Foreign Pension Plan required to be registered; (c) the failure of any Foreign Pension Plan to comply with any material Requirements of Law or with the material terms of such Foreign
          Pension Plan; or (d) the receipt of a notice by a Governmental Authority relating to the intention to terminate any such Foreign Pension Plan or to appoint a trustee or similar official to administer any such Foreign Pension Plan, or alleging the
          insolvency of any such Foreign Pension Plan, in each case, which would reasonably be expected to result in the Borrower or any Restricted Subsidiary becoming subject to a material funding or contribution obligation with respect to such Foreign
          Pension Plan.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Foreign Lender</u></font>&#8221; means a Lender that is not a U.S. Person for U.S. federal income tax
          purposes.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Foreign Pension Plan</u></font>&#8221; means any plan, trust, insurance contract, fund (including any
          superannuation fund) or other similar program established or maintained by the Borrower or any one or more of its Restricted Subsidiaries primarily for the benefit of employees or other service providers of the Borrower or such Restricted
          Subsidiaries, as applicable, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and which plan is not
          subject to ERISA or the Code.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Foreign Prepayment Event</u></font>&#8221; has the meaning assigned to such term in Section 2.11(f).</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Foreign Subsidiary</u></font>&#8221; means each Subsidiary that is not a U.S. Subsidiary.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>GAAP</u></font>&#8221; means generally accepted accounting principles in the United States of America,
        as in effect from time to time, subject to Section 1.04.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">36</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>GEC Bankruptcy Case</u></font>&#8221; means a case under the Bankruptcy Code with respect to one or
          more Specified GEC Entities as debtors.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Global Intercompany Note</u></font>&#8221; means the global intercompany note substantially in the
          form of <font style="font-family: 'Times New Roman';"><u>Exhibit F</u></font> pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Governmental Authority</u></font>&#8221; means the government of the United States of America, any other
        nation or any political subdivision thereof, whether State or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative
        powers or functions of or pertaining to government (including any supranational bodies exercising such powers or functions, such as the European Union or the European Central Bank).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Guarantee</u></font>&#8221; of or by any Person (the &#8220;<font style="font-family: 'Times New Roman';"><u>guarantor</u></font>&#8221;)




        means any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness or other monetary obligation payable by another Person (the &#8220;<font style="font-family: 'Times New Roman';"><u>primary




            obligor</u></font>&#8221;) in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (a) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other
        obligation or to purchase (or to advance or supply funds for the purchase of) any security for the payment thereof, (b) to purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness or other
        obligation of the payment thereof, (c) to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation or
        (d) as an account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness or other obligation; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the term &#8220;Guarantee&#8221; shall not
        include endorsements for collection or deposit in the ordinary course of business.&#160; The amount, as of any date of determination, of any Guarantee shall be the principal amount outstanding on such date of the Indebtedness or other obligation
        guaranteed thereby (or, in the case of (i) any Guarantee the terms of which limit the monetary exposure of the guarantor or (ii) any Guarantee of an obligation that does not have a principal amount, the maximum monetary exposure as of such date of
        the guarantor under such Guarantee (as determined, in the case of clause (i), pursuant to such terms or, in the case of clause (ii), reasonably and in good faith by a Financial Officer of the Borrower)).&#160; The term &#8220;Guarantee&#8221; used as a verb has a
        corresponding meaning.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Guarantee Agreement</u></font>&#8221; means the Guarantee Agreement dated as of November 1, 2019 by
          and among the Administrative Agent and the Loan Parties from time to time party thereto, attached hereto as <font style="font-family: 'Times New Roman';"><u>Exhibit E</u></font>, as may be amended, restated, amended and restated, supplemented or
          modified from time to time.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Hazardous Materials</u></font>&#8221; means all explosive, radioactive, hazardous or toxic substances,
        materials, wastes or other pollutants, including petroleum or petroleum by-products or distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, chlorofluorocarbons and other ozone-depleting substances or mold,
        or any or materials or substances which are defined or regulated as &#8220;toxic,&#8221; or &#8220;hazardous,&#8221;&#160; or words of similar import, pursuant to any Environmental Law.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">37</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Hedging Agreement</u></font>&#8221; means any agreement with respect to any swap, forward, future or
        derivative transaction, or any option or similar agreement, involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of
        economic, financial or pricing risk or value or any similar transaction or any combination of the foregoing transactions; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that &#8220;Hedging Agreement&#8221; shall not include (i) phantom
        stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of any member of the Restricted Group, (ii) Convertible Indebtedness or any Permitted Bond Hedge
        Transaction or Permitted Warrant Transaction, (iii) any accelerated share repurchase contract, share call option or similar contract with respect to the Borrower&#8217;s Equity Interests entered into to consummate a repurchase of such Equity Interests,
        (iv) any forward sale contract with respect to the Borrower&#8217;s Equity Interests or (v) put and call options and forward arrangements entered into in connection with joint ventures and other business investments, acquisitions and dispositions
        permitted under this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Impacted Interest Period</u></font>&#8221; means at any time with respect to an Interest Period for a
        Borrowing denominated in Euro that the Screen Rate for such currency is not available at such time for such Interest Period.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Dollar Basket</u></font>&#8221; has the meaning assigned to such term in Section 2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Extensions of Credit</u></font>&#8221; has the meaning assigned to such term in Section
        2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Facility Amendment</u></font>&#8221; has the meaning assigned to such term in Section
        2.21(c).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Facilities</u></font>&#8221; has the meaning assigned to such term in Section 2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Ratio Basket</u></font>&#8221; has the meaning assigned to such term in Section 2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Revolving Commitment</u></font>&#8221; has the meaning assigned to such term in Section
        2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Revolving Loans</u></font>&#8221; has the meaning assigned to such term in Section 2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Term Loan Increase</u></font>&#8221; has the meaning assigned to such term in Section
        2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Term Loans</u></font>&#8221; has the meaning assigned to such term in Section 2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Tranche A Term Loan</u></font>&#8221; means any Incremental Term Loan that would be
        considered a &#8220;Term A&#8221; loan under then-existing customary market convention.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Tranche B Term Effective Date</u></font>&#8221; means February 19, 2020.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Tranche B Term Lender</u></font>&#8221; has the meaning assigned to such term in the First
        Incremental Facility Amendment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Tranche B Term Loan</u></font>&#8221; means any Incremental Term Loan that would be
        considered a &#8220;Term B&#8221; loan under then-existing customary market convention.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">38</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Tranche B Term Loans</u></font>&#8221; has the meaning assigned to such term in the First
        Incremental Facility Amendment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Incurrence-Based Amounts</u></font>&#8221; has the meaning specified in Section 1.06(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Indebtedness</u></font>&#8221; of any Person means, without duplication, (a) all obligations of such
        Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person under conditional sale or other title retention agreements relating to property acquired
        by such Person, (d) all obligations of such Person in respect of the deferred purchase price of property or services (excluding (x) trade accounts payable and other accrued or cash management obligations, in each case incurred in the ordinary
        course of business, (y) any earn-out obligation unless such obligation is not paid promptly after becoming due and payable and (z) Taxes and other accrued expenses), (e) all Indebtedness of others secured by (or for which the holder of such
        Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property owned or acquired by such Person, whether or not the Indebtedness secured thereby has been assumed by such Person, (f) all Guarantees by such Person
        of Indebtedness of others, (g) all Capital Lease Obligations of such Person, (h) all obligations, contingent or otherwise, of such Person as an account party in respect of letters of credit and letters of guaranty, (i) all obligations, contingent
        or otherwise, of such Person in respect of bankers&#8217; acceptances, (j) net obligations of such Person under any Hedging Agreement and (k) all Disqualified Equity Interests in such Person, valued, as of the date of determination, at the greater of (i)
        the maximum aggregate amount that would be payable upon maturity, redemption, repayment or repurchase thereof (or of Disqualified Equity Interests or Indebtedness into which such Disqualified Equity Interests are convertible or exchangeable) and
        (ii) the maximum liquidation preference of such Disqualified Equity Interests; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the term &#8220;Indebtedness&#8221; shall not include (A) deferred or prepaid revenue, (B) purchase price
        holdbacks in respect of a portion of the purchase price of an asset to satisfy warranty, indemnity or other unperformed obligations of the seller, (C) any obligations attributable to the exercise of appraisal rights and the settlement of any claims
        or actions (whether actual, contingent or potential) with respect thereto, (D) obligations in respect of any residual value guarantees on equipment leases, (E) any take-or-pay or similar obligation to the extent such obligation is not shown as a
        liability on the balance sheet of such Person in accordance with GAAP and (F) asset retirement obligations and obligations in respect of reclamation and workers&#8217; compensation (including pensions and retiree medical care).&#160; In addition, for the
        avoidance of doubt, obligations in respect of customer deposits shall not constitute Indebtedness.&#160; The amount of Indebtedness of any Person for purposes of clause (e) above shall (unless such Indebtedness has been assumed by such Person or such
        Person has otherwise become liable for the payment thereof) be deemed to be equal to the lesser of (i) the aggregate unpaid amount of such Indebtedness and (ii) the fair market value of the property encumbered thereby as determined by such Person
        in good faith.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Indemnified Taxes</u></font>&#8221; means (a) Taxes, other than Excluded Taxes, imposed on or with
        respect to any payment made by or on account of any obligation of any Loan Party under this Agreement or any other Loan Document and (b) to the extent not otherwise described in clause (a) of this definition, Other Taxes.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Indemnitee</u></font>&#8221; has the meaning assigned to such term in Section 9.03(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Indenture Restricted Property</u></font>&#8221; means any Principal Domestic Manufacturing Plant and any
        shares of stock or &#8220;Indebtedness&#8221; of any &#8220;Restricted Subsidiary&#8221; (as each such quoted term is defined in the Existing Senior Notes Documents as in effect on the Closing Date); <font style="font-family: 'Times New Roman';"><u>provided</u></font>
        that such assets shall only constitute Indenture Restricted Property so long as any Indebtedness remains outstanding under the Existing Senior Notes Indenture.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">39</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Initial Term Loans</u></font>&#8221; means the Tranche A Term Loans made on the Closing Date.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Interest Election Request</u></font>&#8221; means a request by the Borrower to convert or continue a
        Borrowing in accordance with Section 2.07, which shall be in a form approved by the Administrative Agent and otherwise consistent with the requirements of Section 2.07.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Interest Payment Date</u></font>&#8221; means (a) with respect to any ABR Loan, the last day of each
        March, June, September and December, (b) with respect to any RFR Loan, each date that is on the numerically corresponding day in each calendar month that is one month after the Borrowing of such Loan (or, if there is no such numerically
        corresponding day in such month, then the last day of such month and (c) with respect to any Term Benchmark Loan, the last day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a Term Benchmark
        Borrowing with an Interest Period of more than three months&#8217; duration, each day prior to the last day of such Interest Period that occurs at intervals of three months&#8217; duration after the first day of such Interest Period.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Interest Period</u></font>&#8221; means, with respect to any Term Benchmark Borrowing, the period
        commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is one, three or six months thereafter (in each case, subject to the availability for the Benchmark applicable to the relevant Loan
        or Commitment for any Agreed Currency), as the Borrower may elect; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (a) if any Interest Period would end on a day other than a Business Day, such Interest Period shall be
        extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the immediately preceding Business Day, (b) any Interest Period that
        commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Interest Period) shall end on the last Business Day of the last calendar month of such
        Interest Period and (c) no tenor that has been removed from this definition pursuant to Section 2.14(f) shall be available for specification in such Borrowing Request or Interest Election Request.&#160; For purposes hereof, the date of a Borrowing
        initially shall be the date on which such Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such Borrowing.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Interpolated Rate</u></font>&#8221; means, with respect to Euro at any time, for any Interest Period,
        the rate per annum (rounded to the same number of decimal places as the Screen Rate) determined by the Administrative Agent (which determination shall be conclusive and binding absent manifest error) to be equal to the rate that results from
        interpolating on a linear basis between: (a) the Screen Rate for the longest period for which that Screen Rate is available for the applicable currency that is shorter than the Impacted Interest Period; and (b) the applicable Screen Rate for the
        shortest period for which that Screen Rate is available for the applicable currency that exceeds the Impacted Interest Period, in each case, at such time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Investment Company Act</u></font>&#8221; means the United States Investment Company Act of 1940, as
        amended from time to time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">40</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Investments</u></font>&#8221; means, as to any Person, any direct or indirect acquisition or investment
        by such Person, whether by means of (a) the purchase or other acquisition of Equity Interests or debt or other securities of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of Indebtedness of, or purchase or
        other acquisition of any other debt or equity participation or interest in, another Person, including any partnership or joint venture interest in such other Person or (c) the purchase or other acquisition (in one transaction or a series of
        transactions) of all or substantially all of the property and assets or business of another Person or assets constituting a business unit, line of business or division of such Person.&#160; The amount, as of any date of determination, of (a) any
        Investment in the form of a loan or an advance shall be the principal amount thereof outstanding on such date, minus any principal repayment of such Investment and any cash payments actually received by such investor representing interest in
        respect of such Investment (to the extent any such payment to be deducted does not exceed the remaining principal amount of such Investment and without duplication of amounts increasing the Available Amount), but without any adjustment for
        write-downs or write-offs (including as a result of forgiveness of any portion thereof) with respect to such loan or advance after the date thereof, (b) any Investment in the form of a Guarantee shall be equal to the stated or determinable amount
        of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof, as reasonably determined in good faith by a
        Financial Officer, (c) any Investment in the form of a transfer of Equity Interests or other non-cash property by the investor to the investee, including any such transfer in the form of a capital contribution, shall be the fair market value (as
        reasonably determined in good faith by a Financial Officer) of such Equity Interests or other property as of the time of the transfer, minus any payments actually received by such investor representing a return of capital of, or dividends or other
        distributions in respect of, such Investment (to the extent such payments do not exceed, in the aggregate, the original amount of such Investment and without duplication of amounts increasing the Available Amount), but without any other adjustment
        for increases or decreases in value of, or write-ups, write-downs or write-offs with respect to, such Investment after the date of such Investment, and (d) any Investment (other than any Investment referred to in clause (a), (b) or (c) above) by
        the specified Person in the form of a purchase or other acquisition for value of any Equity Interests, evidences of Indebtedness or other securities of any other Person shall be the original cost of such Investment (including any Indebtedness
        assumed in connection therewith), plus (i) the cost of all additions thereto and minus (ii) the amount of any portion of such Investment that has been repaid to the investor in cash as a repayment of principal or a return of capital, and of any
        cash payments actually received by such investor representing interest, dividends or other distributions in respect of such Investment (to the extent the amounts referred to in clause (ii) do not, in the aggregate, exceed the original cost of such
        Investment plus the costs of additions thereto and without duplication of amounts increasing the Available Amount), but without any other adjustment for increases or decreases in value of, or write-ups, write-downs or write-offs with respect to,
        such Investment after the date of such Investment.&#160; If an Investment involves the acquisition of more than one Person, the amount of such Investment shall be allocated among the acquired Persons in accordance with GAAP; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that pending the final determination of the amounts to be so allocated in accordance with GAAP, such allocation shall be as reasonably determined by a Financial Officer.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>IP Rights</u></font>&#8221; has the meaning specified in Section 3.05(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>IRS</u></font>&#8221; means the United States Internal Revenue Service.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>ISDA Definitions</u></font>&#8221; means the 2006 ISDA Definitions published by the International Swaps
        and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps and Derivatives
        Association, Inc. or such successor thereto.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">41</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Issuing Banks</u></font>&#8221; means (a) JPMCB, (b) MUFG Bank, Ltd., (c) SunTrust Bank, (d) Citibank,
        N.A., (e) Goldman Sachs Bank USA, (f) Citizens Bank, N.A. and (g) each Revolving Lender that shall have become an Issuing Bank hereunder as provided in Section 2.05(j) (other than any Person that shall have ceased to be an Issuing Bank as provided
        in Section 2.05(k)) and solely with respect to any Existing Letters of Credit, each Revolving Lender (or an Affiliate thereof) that is an issuer thereof as listed on Schedule 1.04 or in the relevant notice to the Administrative Agent, each in its
        capacity as an issuer of Letters of Credit hereunder.&#160; Each Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of such Issuing Bank, in which case the term &#8220;Issuing Bank&#8221; shall include any such
        Affiliate with respect to Letters of Credit issued by such Affiliate.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>JPMCB</u></font>&#8221; means JPMorgan Chase Bank, N.A.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Judgment Currency</u></font>&#8221; has the meaning assigned to such term in Section 9.19.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Latest Maturity Date</u></font>&#8221; means, at any time, the latest of the Maturity Dates in respect
        of the Classes of Loans and Commitments that are outstanding at such time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>LC Commitment</u></font>&#8221; means, with respect to an Issuing Bank, the aggregate maximum amount of
        Letters of Credit at any time outstanding that it will be required to issue hereunder.&#160; The LC Commitment of each Issuing Bank existing on the Closing Date is set forth with respect to such Issuing Bank on Schedule 2.01 hereto, and the LC
        Commitment of each Lender designated as an Issuing Bank after the Closing Date will be specified in the agreement with respect to such designation contemplated by Section 2.05(j). The LC Commitment of any Issuing Bank may be increased or reduced by
        written agreement between such Issuing Bank and the Borrower, <font style="font-family: 'Times New Roman';"><u>provided</u></font> that a copy of such written agreement shall have been delivered to the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>LC Disbursement</u></font>&#8221; means a payment made by an Issuing Bank pursuant to a Letter of
        Credit.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>LC Exposure</u></font>&#8221; means, at any time, (a) the sum of the Dollar Equivalents of the aggregate
        undrawn amounts of all outstanding Letters of Credit at such time <font style="font-family: 'Times New Roman';"><u>plus</u></font> (b) the sum of the Dollar Equivalents of the amounts of all LC Disbursements that have not yet been reimbursed by or
        on behalf of the Borrower at such time.&#160; The LC Exposure of any Revolving Lender at any time shall be such Lender&#8217;s Applicable Percentage of the aggregate LC Exposure at such time, adjusted to give effect to any reallocation under Section 2.20(c)
        of the LC Exposure of Defaulting Lenders in effect at such time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>LC Participation Calculation Date</u></font>&#8221; means, with respect to any LC Disbursement made by
        any Issuing Bank or any refund of a reimbursement payment made by any Issuing Bank to the Borrower, in each case in a Permitted Foreign Currency, (a) the date on which such Issuing Bank shall advise the Administrative Agent that it purchased with
        Dollars the Permitted Foreign Currency used to make such LC Disbursement or refund or (b) if such Issuing Bank shall not advise the Administrative Agent that it made such a purchase, the date on which such LC Disbursement or refund is made.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>LC Sublimit</u></font>&#8221; means an amount equal to $100,000,000.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>LCT Election</u></font>&#8221; means the Borrower&#8217;s election to test the permissibility of a Limited
        Condition Transaction in accordance with the methodology set forth in Section 1.06.</div>
      <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">42</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>LCT Test Date</u></font>&#8221; has the meaning specified in Section 1.06.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Lenders</u></font>&#8221; means the Persons listed on <font style="font-family: 'Times New Roman';"><u>Schedule




            2.01</u></font> and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, an Incremental Facility Amendment or a Refinancing Facility Agreement, other than any such Person that shall have ceased to be
        a party hereto pursuant to an Assignment and Assumption.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Letters of Credit</u></font>&#8221; means any letter of credit (or with respect to any Issuing Bank, any
        bank guarantee (or similar instrument) as such Issuing Bank may in its sole discretion approve) denominated in Dollars or in a Permitted Foreign Currency issued pursuant to this Agreement by an Issuing Bank under the Revolving Commitments and shall
        include any Existing Letter of Credit (which shall be deemed issued hereunder on the Closing Date or on the date specified in the relevant notice to the Administrative Agent), other than any such letter of credit that shall have ceased to be a
        &#8220;Letter of Credit&#8221; outstanding hereunder pursuant to Section 9.05.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Liabilities</u></font>&#8221; means any losses, claims (including intraparty claims), demands, damages
        or liabilities of any kind.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Lien</u></font>&#8221; means, with respect to any asset, (a) any mortgage, lien<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">,</font> pledge, hypothecation, charge, security interest or other encumbrance in, on or of such asset or (b) the interest of a vendor or a lessor under any conditional sale agreement or title retention
        agreement (or any capital lease or financing lease having substantially the same economic effect as any of the foregoing) relating to such asset; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that in no event shall an
        operating lease be deemed to constitute a Lien.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Limited Condition Transaction</u></font>&#8221; means (i) any acquisition of any assets, business or
        person, or a merger or consolidation, in each case involving third parties, or similar Investment permitted hereunder (subject to Section 1.06) by the Borrower or one or more of the Restricted Subsidiaries, including by way of merger or
        amalgamation, whose consummation is not conditioned on the availability of, or on obtaining, third party financing (or, if such condition does exist, the Borrower or any Restricted Subsidiary, as applicable, would be required to pay any fee,
        liquidated damages or other amount or be subject to any indemnity, claim or other liability as a result of such third party financing not having been available or obtained) or (ii) any redemption, repurchase, defeasance, satisfaction and discharge
        or repayment of Indebtedness requiring irrevocable notice in advance of such redemption, repurchase, defeasance, satisfaction and discharge or repayment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Liquidity</u></font>&#8221; means, as of any date of determination, the sum of (x) (i) the Aggregate
        Revolving Commitments <font style="font-family: 'Times New Roman';"><u>minus</u></font> (ii) the Aggregate Revolving Exposure as of such date <font style="font-family: 'Times New Roman';"><u>plus</u></font> (y) the aggregate amount of cash and
        Permitted Investments of the Borrower and its Restricted Subsidiaries (other than cash and Permitted Investments of the Pitney Bowes Bank, Inc.) that are not restricted in favor of any Person (other than any such cash or Permitted Investments that
        are restricted in favor of (1) the Administrative Agent pursuant to the Loan Documents or (2) the First Lien Noteholder Representative to the extent expressly required by the First Lien Note Documents as in effect on the Seventh Amendment Effective
        Date).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Liquidity Test Period</u></font>&#8221; means the period (x) commencing on the Seventh Amendment
          Effective Date and (y) ending on the Revolving Maturity Date.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">43</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Loan Document Obligations</u></font>&#8221; means (a) the due and punctual payment by the Borrower of
        (i) the principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans, when and as
        due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in
        respect of reimbursement of disbursements, interest thereon and obligations to provide cash collateral and (iii) all other monetary obligations of the Borrower under this Agreement and each of the other Loan Documents, including obligations to pay
        fees, expense reimbursement obligations (including with respect to attorneys&#8217; fees) and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of
        any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and (b) the due and punctual payment of all the obligations of each other Loan Party under or pursuant to each of
        the Loan Documents (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Loan Documents</u></font>&#8221; means this Agreement, the Seventh Amendment, any Incremental Facility
        Amendment, any Refinancing Facility Agreement, any Security Document, any agreement designating an additional Issuing Bank as contemplated by Section 2.05(j) and, except for purposes of Section 9.02, the Global Intercompany Note and any promissory
        notes delivered pursuant to Section 2.09(d) (and, in each case, any amendment, restatement, waiver, supplement or other modification to any of the foregoing) and any document designated as a Loan Document by the Administrative Agent and the
        Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Loan Parties</u></font>&#8221; means, collectively, the Borrower and each Subsidiary of the Borrower
        other than an Excluded Subsidiary (but including any Designated Subsidiary).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Loans</u></font>&#8221; means the loans made by the Lenders to the Borrower pursuant to this Agreement,
        including pursuant to any Incremental Facility Amendment or any Refinancing Facility Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Local Time</u></font>&#8221; means (a) with respect to a Dollar-denominated Borrowing or Letter of
        Credit, New York City time, and (b) with respect to a Euro-denominated or Sterling denominated Borrowing or Letter of Credit, London time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Long-Term Indebtedness</u></font>&#8221; means any Indebtedness (excluding Indebtedness permitted by
        Section 6.01(a)(iv)) that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Majority in Interest</u></font>&#8221;, when used in reference to Lenders of any Class, means, at any
        time, (a) in the case of the Revolving Lenders, Lenders having Revolving Exposures and unfunded Revolving Commitments representing more than 50% of the sum of the Aggregate Revolving Exposure and the unfunded Aggregate Revolving Commitment at such
        time and (b) in the case of the Term Lenders of any Class, Lenders holding outstanding Term Loans of such Class representing more than 50% of the aggregate principal amount of all Term Loans of such Class outstanding at such time; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that whenever there are one or more Defaulting Lenders, the total outstanding Term Loans and Revolving Exposures of, and the unfunded Commitments of, each Defaulting Lender of any
        Class shall be excluded for purposes of making a determination of Majority in Interest.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">44</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Material Account</u></font>&#8221; means any deposit account or securities account of a Loan Party other
        than any Excluded Deposit Account or Excluded Securities Account.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Material Adverse Effect</u></font>&#8221; means a material adverse effect on (a) the business, financial
        condition or results of operations of the Borrower and the Restricted Subsidiaries, taken as a whole, (b) the ability of the Loan Parties (taken as a whole) to perform their material obligations to the Lenders or the Administrative Agent under this
        Agreement or any other Loan Document or (c) the material rights of, or remedies available to, the Administrative Agent or the Lenders under this Agreement or any other Loan Document.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Material Indebtedness</u></font>&#8221; means (a) any Indebtedness under the First Lien Note Purchase
        Agreement and (b) Indebtedness (other than the Loans, the Letters of Credit and the Guarantees under the Loan Documents), or obligations in respect of one or more Hedging Agreements, of any one or more of the Borrower and the Restricted
        Subsidiaries in an aggregate principal amount exceeding $75,000,000.&#160; For purposes of determining Material Indebtedness, the &#8220;principal amount&#8221; of the obligations of the Borrower or any Restricted Subsidiary in respect of any Hedging Agreement at
        any time shall be the aggregate amount (giving effect to any netting agreements) that the Borrower or such Restricted Subsidiary would be required to pay if such Hedging Agreement were terminated at such time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: left; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Material Intellectual Property</u></font>&#8221; means any IP Rights that are material to the business or
          operations of the Borrower and its Subsidiaries, when taken as a whole.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Material Real Property</u></font>&#8221;<font style="font-family: 'Times New Roman';"> means any
            fee-owned real property (i) with a Fair Market Value of more than $10,000,000 that is owned by a Loan Party as of the Closing Date, with any such real property being specified in Schedule 1.02 or (ii) with a Fair Market Value of more than
            $10,000,000 that is acquired after the date hereof by any Loan Party or owned by a Subsidiary that becomes a Loan Party pursuant to Section 5.12, in each case other than any Principal Domestic Manufacturing Plant (so long as any Indebtedness
            remains outstanding under the Existing Senior Note Indentures).</font></div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Material Subsidiary</u></font>&#8221; means each Restricted Subsidiary (a) the Consolidated Total Assets
        of which equal 5.0% or more of the Consolidated Total Assets of the Borrower and the Restricted Subsidiaries or (b) the consolidated revenues of which equal 5.0% or more of the consolidated revenues of the Borrower and the Restricted Subsidiaries,
        in each case as of the end of or for the most recent period of four consecutive fiscal quarters of the Borrower for which financial statements have been delivered pursuant to Section 5.01(a) or 5.01(b) (or, prior to the first delivery of any such
        financial statements, as of the end of or for the period of four consecutive fiscal quarters of the Borrower most recently ended prior to the date of this Agreement); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that if, at
        the end of or for any such most recent period of four consecutive fiscal quarters, the combined Consolidated Total Assets or combined consolidated revenues of all Restricted Subsidiaries that pursuant to the criteria set forth in clauses (a) and
        (b) above (not including any Designated Subsidiary or any Restricted Subsidiary that constitutes an Excluded Subsidiary pursuant to another clause of the definition of &#8220;Excluded Subsidiary&#8221;) shall have exceeded 7.5% of the Consolidated Total Assets
        of the Borrower and the Restricted Subsidiaries or 7.5% of the consolidated revenues of the Borrower and the Restricted Subsidiaries, respectively, then one or more of such excluded Restricted Subsidiaries shall for all purposes of this Agreement
        be designated by the Borrower to be Material Subsidiaries, until such excess shall have been eliminated.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">45</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Maturity Date</u></font>&#8221; means the Revolving Maturity Date, the Tranche A Term Maturity Date or
        the maturity date with respect to any Class of Incremental Term Loans or Refinancing Term Loans, as the context requires.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Maturity Date Extension Request</u></font>&#8221; means a request by the Borrower, substantially in the
        form of <font style="font-family: 'Times New Roman';"><u>Exhibit I</u></font> hereto or such other form as shall be approved by the Administrative Agent, for the extension of the applicable Maturity Date pursuant to Section 2.22.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Maturity Date Reference Date</u></font>&#8221; has the meaning specified in the definition of Maturity
        Date.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Maximum Rate</u></font>&#8221; has the meaning assigned to such term in Section 9.13.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>MNPI</u></font>&#8221; means material information concerning the Borrower, any Subsidiary or any
        Affiliate of any of the foregoing or their respective securities that has not been disseminated in a manner making it available to investors generally, within the meaning of Regulation FD under the Securities Act and the Exchange Act.&#160; For purposes
        of this definition, &#8220;material information&#8221; means information concerning the Borrower, the Subsidiaries or any Affiliate of any of the foregoing or any of their respective securities that could reasonably be expected to be material for purposes of
        the United States Federal and State securities laws and, where applicable, foreign securities laws.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Moody&#8217;s</u></font>&#8221; means Moody&#8217;s Investors Service, Inc., and any successor to its rating agency
        business.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Mortgage</u></font>&#8221; means a mortgage, deed of trust or other security document granting a Lien on
        any Mortgaged Property owned by Loan Party to secure the Obligations. Each Mortgage shall be reasonably satisfactory in form and substance to the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Mortgaged Property</u></font>&#8221; means, initially, each parcel of Material Real Property existing on
        the Closing Date, if any, and identified on <font style="font-family: 'Times New Roman';"><u>Schedule 1.02</u></font> and thereafter, each parcel of Material Real Property with respect to which a Mortgage is required to be granted pursuant to
        Section 5.12 or 5.13, as applicable.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Multiemployer Plan</u></font>&#8221; means a &#8220;multiemployer plan&#8221;, as defined in Section 4001(a)(3) of
        ERISA, and in respect of which the Borrower or any of its ERISA Affiliates makes or is obligated to make contributions or with respect to which any of them has any ongoing obligation or liability, contingent or otherwise.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Net Proceeds</u></font>&#8221; means, with respect to any event, (a) the cash proceeds received in
        respect of such event, including (i) any cash received in respect of any non-cash proceeds (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment or
        earnout, but excluding any interest payments), but only as and when received,</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(ii) in the case of a casualty, insurance proceeds and</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(iii) in the case of a condemnation or similar event, condemnation awards and similar payments, <font style="font-family: 'Times New Roman';"><u>minus</u></font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) the sum, without duplication, of</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">46</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(i) all fees and out-of-pocket expenses paid in connection with such event by the Restricted Group (including attorney&#8217;s fees, investment banking
        fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, underwriting discounts and commissions, other customary expenses and brokerage, consultant, accountant and
        other customary fees),</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(ii) in the case of a sale, transfer, lease or other disposition of an asset (including pursuant to a sale and leaseback transaction or a casualty
        or a condemnation or similar proceeding), (x) the amount of all payments that are permitted hereunder and are made by the Restricted Group as a result of such event to repay Indebtedness (other than the Loans or other Indebtedness secured by
        Collateral on a pari passu or junior lien basis) secured by such asset or Indebtedness of a Subsidiary that is not a Loan Party that is otherwise subject to mandatory prepayment as a result of such event, (y) the pro rata portion of net cash
        proceeds thereof attributable to minority interests and not available for distribution to or for the account of the Borrower and the Restricted Subsidiaries as a result thereof and</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(z) the amount of any liabilities directly associated with such asset and retained by the Borrower or any Restricted Subsidiary and including
        pension and other post-employment benefit liabilities and liabilities related to environmental matters, and</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(iii) the amount of all taxes paid (or reasonably estimated to be payable), and the amount of any reserves established in accordance with GAAP to
        fund purchase price adjustment, indemnification and other liabilities (other than any earnout obligations, but including pension and other post-employment benefit liabilities and liabilities related to environmental matters) reasonably estimated to
        be payable, as a result of the occurrence of such event (including, without duplication of the foregoing, the amount of any distributions in respect thereof pursuant to Section 6.08(a)(xi)) (as determined reasonably and in good faith by a Financial
        Officer of the Borrower).&#160; For purposes of this definition, in the event any contingent liability reserve established with respect to any event as described in clause (b)(iii) above shall be reduced, the amount of such reduction shall, except to
        the extent such reduction is made as a result of a payment having been made in respect of the contingent liabilities with respect to which such reserve has been established, be deemed to be receipt, on the date of such reduction, of cash proceeds
        in respect of such event.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Net Proceeds Prepayment Amount</u></font>&#8221; has the meaning specified in Section 2.11(c).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Net Working Capital</u></font>&#8221; means, at any date, (a) the consolidated current assets of the
        Restricted Group as of such date (excluding cash and Permitted Investments) <font style="font-family: 'Times New Roman';"><u>minus</u></font> (b) the consolidated current liabilities of the Restricted Group as of such date (excluding current
        liabilities in respect of Indebtedness).&#160; Net Working Capital at any date may be a positive or negative number.&#160; Net Working Capital increases when it becomes more positive or less negative and decreases when it becomes less positive or more
        negative.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Non-Consenting Lender</u></font>&#8221; means a Lender whose consent to a Proposed Change is not
        obtained.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Non-Guarantor Debt Basket</u></font>&#8221; means a shared basket in an amount not to exceed the
          greater of $100,000,000 and 30.0% of Consolidated EBITDA (based on the most recently completed four fiscal quarter period for which financial statements have been delivered pursuant to Section 5.01(a) or (b)) at any time outstanding that may be
          used for the incurrence of certain Indebtedness by Restricted Subsidiaries that are not Loan Parties under Sections 6.01(a)(vii) and 6.01(a)(xix).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">47</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Non-Guarantor Investment Basket</u></font>&#8221; means a shared basket in an amount not to exceed
          $100,000,000 at any time outstanding that may be used for (A) certain Investments permitted under Sections 6.04(b), 6.04(e), 6.04(f), 6.04(g) and 6.04(r) and (B) certain Guarantees permitted under Section 6.04(g) (without duplication of amounts
          previously included or utilized under clause (A) above); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Non-Guarantor Investment Basket shall be deemed increased on a dollar-for-dollar basis by the amount of any
          cash distributions, returns of capital and repayments made in cash by Restricted Subsidiaries that are not Loan Parties to Loan Parties in respect of Investments existing on the Closing Date of the Loan Parties in Restricted Subsidiaries that are
          not Loan Parties, in an aggregate amount not to exceed the aggregate cash and Permitted Investments as of the Closing Date of the Restricted Subsidiaries that are not Loan Parties; <font style="font-family: 'Times New Roman';"><u>provided</u></font>,
          <font style="font-family: 'Times New Roman';"><u>further</u></font>, that extensions of credit made under the revolving line of credit provided by Pitney Bowes Global Financial Services LLC, a Subsidiary, to The Pitney Bowes Bank, Inc. in an
          aggregate amount of $100,000,000 as in effect on the Fifth Amendment Effective Date (including any amendments, extensions, renewals or replacements thereof that do not increase the aggregate maximum amount thereof) shall be deemed not to utilize
          capacity under the Non-Guarantor Investment Basket.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>NYFRB</u></font>&#8221; means the Federal Reserve Bank of New York.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>NYFRB Rate</u></font>&#8221; means, for any day, the greater of (a) the Federal Funds Effective Rate in
        effect on such day and (b) the Overnight Bank Funding Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that if
        none of such rates are published for any day that is a Business Day, the term &#8220;NYFRB Rate&#8221; means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received by the Administrative Agent from a federal funds broker of
        recognized standing selected by it; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font>, that if any of the aforesaid rates as so determined be less than zero,
        such rate shall be deemed to be zero for purposes of this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>NYFRB&#8217;s Website</u></font>&#8221; means the website of the NYFRB at http://www.newyorkfed.org, or any
        successor source.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Obligations</u></font>&#8221; means, collectively, (a) all the Loan Document Obligations of the Loan
        Parties, (b) all the Secured Cash Management Obligations of the Loan Parties and the Restricted Subsidiaries and (c) all the Secured Hedging Obligations of the Loan Parties and the Restricted Subsidiaries. For the avoidance of doubt, Obligations
        shall not include any Excluded Swap Obligations.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>OFAC</u></font>&#8221; means the Office of Foreign Assets Control of the U.S. Department of the
        Treasury.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Other Connection Taxes</u></font>&#8221; means, with respect to any Recipient, a Tax imposed as a result
        of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments
        under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced this Agreement or any other Loan Document, or sold or assigned an interest in this Agreement or any other Loan Document).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Other Taxes</u></font>&#8221; means all present or future stamp, court or documentary, intangible,
        recording, filing or similar Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, this
        Agreement or any other Loan Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 2.19(b)).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">48</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Overnight Bank Funding Rate</u></font>&#8221; means, for any day, the rate comprised of both overnight
        federal funds and overnight eurodollar transactions denominated in Dollars by U.S.-managed banking offices of depository institutions, as such composite rate shall be determined by the NYFRB as set forth on the NYFRB&#8217;s Website from time to time,
        and published on the next succeeding Business Day by the NYFRB as an overnight bank funding rate.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Overnight Rate</u></font>&#8221; means, for any day, (a) in respect of any amount denominated in
        Dollars, the NYFRB Rate, (b) in respect of any Euro-denominated amount, the Euro interbank offered rate administered by the European Money Markets Institute (or any other Person that takes over the administration of that rate) for an overnight
        borrowing as set forth on the Reuters screen page that displays such rate (currently EURIBOR01) (or, in the event such rate does not appear on a page of the Reuters screen, on the appropriate page of such other information service that publishes
        such rate as shall be selected by the Administrative Agent from time to time in its reasonable discretion) and (c) with respect to any amount denominated in any other Permitted Foreign Currency, an overnight rate determined by the Administrative
        Agent or the Issuing Banks, as the case may be, in accordance with banking industry rules on interbank compensation; and <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font>
        that if the Overnight Rate shall be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Participant</u></font>&#8221; has the meaning assigned to such term in Section 9.04(c).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Participant Register</u></font>&#8221; has the meaning assigned to such term in Section 9.04(c).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Participating Member State</u></font>&#8221; means any member state of the European Communities that
        adopts or has adopted the Euro as its lawful currency in accordance with the legislation of the European Community relating to the Economic and Monetary Union.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Payment</u></font>&#8221; has the meaning assigned to it in Section 8.04(c).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Payment Notice</u></font>&#8221; has the meaning assigned to it in Section 8.04(c).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>PBGC</u></font>&#8221; means the Pension Benefit Guaranty Corporation referred to and defined in Section
        4002 in ERISA and any successor entity performing similar functions.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Perfection Certificate</u></font>&#8221; means a certificate in the form of <font style="font-family: 'Times New Roman';"><u>Exhibit D</u></font> or any other form approved by the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Acquisition</u></font>&#8221; means any acquisition or similar Investment permitted pursuant
        to Section 6.04(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">49</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Bond Hedge Transaction</u></font>&#8221; means any call or capped call option (or
          substantively equivalent derivative transaction) on the Borrower&#8217;s common Equity Interests (A) purchased by the Borrower in connection with the issuance of any Convertible Indebtedness; (B) settled in common Equity Interests of the Borrower (or
          such other securities or property), cash or a combination thereof (such amount of cash determined by reference to the price of the Borrower&#8217;s common Equity Interests or such other securities or property), and cash in lieu of fractional shares of
          common Equity Interests of the Borrower and (C) on terms and conditions customary for bond hedge transactions (as reasonably determined by the Borrower in good faith) in respect of transactions related to public market convertible indebtedness
          (pursuant to a public offering or an offering under Rule 144A or Regulation S of the Securities Act); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the purchase price for such Permitted Bond Hedge Transaction, less
          the proceeds received by the Issuer from the sale of any related Permitted Warrant Transaction, does not exceed the net proceeds received by the Borrower from the sale of such Convertible Indebtedness issued in connection with the Permitted Bond
          Hedge Transaction. For the avoidance of doubt, a Permitted Bond Hedge Transaction shall be treated as an Investment for all purposes under this Agreement.</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Encumbrances</u></font>&#8221; means, with respect to any Person:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a) Liens imposed by law for Taxes, assessments or governmental charges that (i) are not yet overdue for a period of more than 30 days or not
          subject to penalties for nonpayment, (ii) are being contested in good faith by appropriate proceedings if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP or (iii) for property
          taxes on property such Person or one of its subsidiaries has determined to abandon if the sole recourse for such tax, assessment, charge, levy or claim is to such property;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) Liens with respect to outstanding motor vehicle fines and carriers&#8217;, warehousemen&#8217;s, mechanics&#8217;, materialmen&#8217;s, repairmen&#8217;s, landlords&#8217;,
          construction contractors&#8217; and other like Liens imposed by law or landlord liens specifically created by contract, arising in the ordinary course of business and securing obligations that are not overdue by more than 45 days or are being contested
          in good faith by appropriate proceedings if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP or other Liens arising out of or securing judgments or awards against such Person with
          respect to which such Person shall be proceeding with an appeal or other proceedings for review if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c) pledges and deposits made (i) in the ordinary course of business in compliance with workers&#8217; compensation, unemployment insurance, health,
          disability or employee benefits and other social security laws or similar legislation or regulations and (ii) in respect of letters of credit, bank guarantees or similar instruments issued for the account of the Borrower or any Subsidiary in the
          ordinary course of business supporting obligations of the type set forth in clause (i) above;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d) pledges and deposits made (i)(x) to secure the performance of bids, tenders, trade contracts (other than for payment of Indebtedness),
          governmental contracts, leases (other than Capital Lease Obligations), public or statutory obligations, surety, stay, customs and appeal bonds, performance bonds and other obligations of a like nature (including those to secure health, safety and
          environmental obligations), in each case in the ordinary course of business and (ii) in respect of letters of credit, bank guarantees or similar instruments issued for the account of the Borrower or any Subsidiary in the ordinary course of
          business supporting obligations of the type set forth in clause (i) above;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e) judgment and attachment liens in respect of judgments that do not constitute an Event of Default under clause (k) of Section 7.01 and notices
          of <font style="font-family: 'Times New Roman'; font-style: italic;">lis pendens</font> and associated rights related to litigation being contested in good faith by appropriate proceedings and for which adequate reserves have been made;</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">50</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f) easements, survey exceptions, charges, ground leases, protrusions, encroachments on use of real property or reservations of, or rights of
          others for, licenses, servitudes, sewers, electric lines, drains, telegraph and telephone and cable television lines, gas and oil pipelines and other similar purposes, any zoning, building or similar law or right reserved to or vested in any
          governmental office or agency to control or regulate the use of any real property, servicing agreements, site plan agreements, developments agreements, contract zoning agreements, subdivision agreements, facilities sharing agreements, cost
          sharing agreements and other agreements pertaining to the use or development of any of the real property of the Borrower and the Restricted Subsidiaries, restrictions, rights-of-way and similar encumbrances (including minor defects or
          irregularities in title) on real property imposed by law or arising in the ordinary course of business that do not secure any monetary obligations and do not individually or in the aggregate materially interfere with the ordinary conduct of
          business of the Borrower and its Subsidiaries, taken as a whole, including leases, subleases, licenses, sublicenses, occupancy agreements or assignments of or in respect of real or personal property;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g) [reserved];</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(h) banker&#8217;s liens, rights of setoff or similar rights and remedies and other customary and ordinary course Liens, in each case, as to deposit
          accounts or other funds maintained with depository institutions and securities accounts and other financial assets maintained with a securities intermediary; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that such deposit
          accounts or funds and securities accounts or other financial assets are not established or deposited for the purpose of providing collateral for any Indebtedness;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(i) Liens arising by virtue of Uniform Commercial Code financing statement filings (or similar filings under applicable law) regarding operating
          leases, accounts or consignments entered into by the Borrower and the Restricted Subsidiaries or purported Liens evidenced by filings of precautionary Uniform Commercial Code (or similar filings under applicable law) financing statements or
          similar public filings;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(j) Liens of a collecting bank arising in the ordinary course of business under Section 4-208 (or the applicable corresponding section) of the
          Uniform Commercial Code in effect in the relevant jurisdiction covering only the items being collected upon;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(k) (i) Liens representing any interest or title of a licensor, lessor or sublicensor or sublessor, or a licensee, lessee or sublicensee or
          sublessee, in the property or rights (other than IP Rights) subject to any lease, sublease, license or sublicense or concession agreement held by the Borrower or any Restricted Subsidiary in the ordinary course of business and (ii) deposits of
          cash with the owner or lessor of premises leased and operated by the Borrower or any of its Subsidiaries in the ordinary course of business of the Borrower and such Subsidiary to secure the performance of the Borrower&#8217;s or such Subsidiary&#8217;s
          obligations under the terms of the lease for such premises;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(l) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the
          importation of goods;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(m) Liens that are contractual rights of set-off;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(n) <font style="font-family: 'Times New Roman';">Liens (i) of a collection bank arising under Section 4-208 of the New York Uniform Commercial
            Code or Section 4-210 of the Uniform Commercial Code applicable in other States on items in the course of collection, </font>(ii) attaching to pooling accounts, commodity trading accounts or other commodity brokerage accounts incurred in the
          ordinary course of business, or (iii) in favor of a banking or other financial institutions or entities, or electronic payment service providers, arising as a matter of law or under general terms and conditions encumbering deposits, deposit
          accounts, securities accounts, cash management arrangements (including the right of set-off and netting arrangements) or other funds maintained with such institution or in connection with the issuance of letters of credit, bank guarantees or
          other similar instruments and which are within the general parameters customary in the banking or finance industry;</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">51</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(o) Liens encumbering customary initial deposits and margin deposits and similar Liens attaching to brokerage accounts incurred in the ordinary
          course of business and not for speculative purposes;</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(p) Liens in respect of the leasing of equipment to customers in the ordinary course of the Restricted Group&#8217;s financing business;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(q) Liens on specific items of inventory or other goods and proceeds of any Person securing such Person&#8217;s accounts payable or similar obligations in
        respect of bankers&#8217; acceptances or letters of credit entered into in the ordinary course of business issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or other goods;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(r) deposits made or other security provided in the ordinary course of business to secure liability to insurance brokers, carriers, underwriters or
        under self-insurance arrangements in respect of such obligations;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(s) [reserved];</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(t) Liens arising out of conditional sale, title retention, consignment or similar arrangements for the sale of goods entered into in the ordinary
        course of business;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(u) Liens on Permitted Receivables Facility Assets incurred and transferred in connection with a Permitted Receivables Facility, including Liens on
        such assets resulting from precautionary Uniform Commercial Code (or equivalent statutes) filings or from recharacterization of any such sale as a financing or loan;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(v) non-exclusive licenses or sublicenses of IP Rights granted in the ordinary course of business that do not materially interfere with the business
        of the Borrower or any Restricted Subsidiary;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(w) Liens on insurance policies and the proceeds thereof securing the financing of the premiums with respect thereto or on funds received from
        insurance companies on account of third party claims handlers and managers;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(x) agreements to subordinate any interest of the Borrower or any Restricted Subsidiary in any accounts receivable or other proceeds arising from
        consignment of inventory by the Borrower or any Restricted Subsidiary pursuant to an agreement entered into in the ordinary course of business;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(y) with respect to any entities that are not Loan Parties, other Liens and privileges arising mandatorily by Law;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(z) Liens arising pursuant to Section 107(l) of the Comprehensive Environmental Response, Compensation and Liability Act or similar lien provision
        of any other Environmental Law;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">52</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(aa) Liens on cash or Permitted Investments securing Hedging Agreements in the ordinary course of business;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(bb) rights of recapture of unused real property (other than any Material Real Property of Loan Parties) in favor of the seller of such property set
        forth in customary purchase agreements and related arrangements with any Governmental Authority;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(cc) Liens on the property of (x) any Loan Party in favor of any other Loan Party and (y) any Restricted Subsidiary that is not a Loan Party in
        favor of the Borrower or any Restricted Subsidiary;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(dd) Liens or security given to public utilities or to any municipality or Governmental Authority when required by the utility, municipality or
        Governmental Authority in connection with the supply of services or utilities to the Borrower and any other Restricted Subsidiaries; and</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(ee) receipt of progress payments and advances from customers in the ordinary course of business to the extent the same creates a Lien on the
        related inventory and proceeds thereof.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>provided</u></font><font style="font-size: 10pt;"> that the term &#8220;Permitted Encumbrances&#8221; shall not
            include any Lien securing Indebtedness in respect of borrowed money, other than Liens referred to in clauses (s), (u) and (cc) above.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Foreign Currency</u></font>&#8221; means Euros and Sterling and (a) with respect to any
        Revolving Loan, any foreign currency reasonably requested by the Borrower from time to time and in which each Revolving Lender has agreed, in accordance with its policies and procedures in effect at such time, to lend Revolving Loans, (b) with
        respect to any Letter of Credit, any foreign currency included in clause (a) that is reasonably requested by the Borrower from time to time and that has been agreed to by the applicable Issuing Bank and (c) solely with respect to the Specified Citi
        Letter of Credit, Australian Dollars.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Investments</u></font>&#8221; means:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a) direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by, the United States of America
          (or by any agency thereof to the extent such obligations are backed by the full faith and credit of the United States of America), maturing within one year from the date of acquisition thereof;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) investments in commercial paper and variable and fixed rate notes maturing within 12 months from the date of acquisition thereof and having,
          at such date of acquisition, a rating of at least A-2 by S&amp;P or P-2 by Moody&#8217;s;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c) investments in certificates of deposit, banker&#8217;s acceptances and demand or time deposits, in each case maturing within 12 months from the date
          of acquisition thereof, issued or guaranteed by or placed with, and money market deposit accounts issued or offered by, any domestic office of any commercial bank organized under the laws of the United States of America or any State thereof that
          has a combined capital and surplus and undivided profits of not less than $500,000,000;</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">53</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d) fully collateralized repurchase agreements with a term of not more than 30 days for securities described in clause (a) above and entered into
          with a financial institution satisfying the criteria described in clause (c) above;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e) &#8220;money market funds&#8221; that (i) comply with the criteria set forth in Rule 2a&#8209;7 of the Investment Company Act, (ii) are rated AAA- by S&amp;P
          and Aaa3 by Moody&#8217;s and (iii) have portfolio assets of at least $5,000,000,000;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f) asset-backed securities rated AAA by Moody&#8217;s or S&amp;P, with weighted average lives of 12 months or less (measured to the next maturity
          date);</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g) readily marketable direct obligations issued by any state, commonwealth or territory of the United States or any political subdivision or
          taxing authority thereof having a rating equal to or higher than Baa3 (or the equivalent) by Moody&#8217;s or BBB- (or the equivalent) by S&amp;P, and in each such case with a &#8220;stable&#8221; or better outlook, with maturities of 24 months or less from the
          date of acquisition;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(h) Investments with average maturities of 24 months or less from the date of acquisition in money market funds rated &#8220;AAA&#8221; (or the equivalent
          thereof) or better by S&amp;P or &#8220;Aaa3&#8221; (or the equivalent thereof) or better by Moody&#8217;s (or reasonably equivalent ratings of another internationally recognized rating agency);</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(i) investment funds investing at least 95% of their assets in securities of the types described in clauses (a) through (h) above;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(j) in the case of any Foreign Subsidiary, other short-term investments that are analogous to the foregoing, are of comparable credit quality and
          are customarily used by companies in the jurisdiction of such Foreign Subsidiary for cash management purposes; and</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(k) Dollars, Euros, Canadian dollars, Sterling or any other readily tradable currency held by it from time to time in the ordinary course of
          business of the Borrower or any of its Restricted Subsidiaries.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Junior Lien Refinancing Debt</u></font>&#8221; means any secured Indebtedness incurred by the
        Borrower in the form of one or more series of senior secured notes or loans; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (i) such Indebtedness is secured by the Collateral on a junior lien, subordinated basis to the
        Obligations and is not secured by any property or assets of the Borrower or any Restricted Subsidiary other than the Collateral, (ii) such Indebtedness constitutes Refinancing Term Loan Indebtedness in respect of Term Loans (including portions of
        Classes of Term Loans), (iii) the security agreements relating to such Indebtedness are not materially more favorable (when taken as a whole) to the lenders or holders providing such Indebtedness than the existing Security Documents are to the
        Lenders, (iv) such Indebtedness is not guaranteed by any Restricted Subsidiaries other than the Loan Parties and (v) the holders of, or an agent, trustee or note agent acting on behalf of the holders of, such Indebtedness shall have become party to
        an Acceptable Intercreditor Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Receivables Facility</u></font>&#8221; means one or more receivables facilities created
          under Permitted Receivables Facility Documents providing for the factoring or other &#8220;true sale&#8221; by one or more of the Borrower or a Subsidiary (each a &#8220;<font style="font-family: 'Times New Roman';"><u>Receivables Seller</u></font>&#8221;) of Permitted
          Receivables Facility Assets to The Pitney Bowes Bank, Inc. or one of its wholly-owned subsidiaries, as more fully set forth in the Permitted Receivables Facility Documents; <font style="font-family: 'Times New Roman'; font-style: italic;">provided</font>
          that in each case, such facilities are not recourse to the Borrower or any Subsidiary in any way other than pursuant to Standard Securitization Undertakings and do not provide for the incurrence of any Indebtedness.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">54</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Receivables Facility Assets</u></font>&#8221; means Receivables (newly originated at the
          time of transfer) of the Borrower and its Subsidiaries which are transferred pursuant to a Permitted Receivables Facility and any related Permitted Receivables Related Assets which are also transferred (or which are pledged) pursuant to such
          Permitted Receivables Facility and all proceeds thereof.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Receivables Facility Documents</u></font>&#8221; means each of the documents and agreements
          entered into in connection with a Permitted Receivables Facility, including all documents and agreements relating to the issuance, funding and/or purchase of certificates and purchased interests, all of which documents and agreements shall be in
          form and substance reasonably customary for transactions of this type as reasonably determined in good faith by the Borrower.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Receivables Related Assets</u></font>&#8221; means any other assets that are customarily
          transferred or, as applicable, in respect of which security interests are customarily granted in connection with facilities providing for the factoring or other &#8220;true sale&#8221; of Receivables, as reasonably determined in good faith by the Borrower
          and including for the avoidance of doubt related equipment, inventory, software, leases, loans, licenses and other contractual rights, as applicable, and any accounts into which collections on such Receivables are received (and not containing any
          other material amounts), and any collections or proceeds of any of the foregoing.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Unsecured Refinancing Debt</u></font>&#8221; means unsecured Indebtedness incurred by the
        Borrower in the form of one or more series of senior or subordinated unsecured notes or loans; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (i) such Indebtedness constitutes Refinancing Term Loan Indebtedness in
        respect of Term Loans (including portions of Classes of Term Loans), (ii) such Indebtedness is not guaranteed by any Subsidiaries other than the Loan Parties and (iii) such Indebtedness is not secured by any Lien or any property or assets of the
        Borrower or any Restricted Subsidiary.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Permitted Warrant Transaction</u></font>&#8221; means any call option, warrant or right to purchase (or
        substantively equivalent derivative transaction) on the Borrower&#8217;s common Equity Interests sold by the Borrower and with recourse to the Borrower only, substantially concurrently with any purchase by the Borrower of a related Permitted Bond Hedge
        Transaction and settled in common Equity Interests of the Borrower, cash or a combination thereof (such amount of cash determined by reference to the price of the Borrower&#8217;s common Equity Interests or such other securities or property), and cash in
        lieu of fractional shares of common Equity Interests of the Borrower, with a strike price higher than the strike price of the Permitted Bond Hedge Transaction.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Person</u></font>&#8221; means any natural person, corporation, limited liability company, trust, joint
        venture, association, company, partnership, Governmental Authority or other entity.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Plan</u></font>&#8221; means any &#8220;employee pension benefit plan&#8221;, as defined in Section 3(2) of ERISA
        (other than a Multiemployer Plan), that is subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or any of its ERISA Affiliates is (or, if such plan were terminated,
        would under Section 4069 of ERISA be deemed to be) an &#8220;employer&#8221; as defined in Section 3(5) of ERISA.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Platform</u></font>&#8221; has the meaning assigned to such term in Section 9.01(d).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">55</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Prepayment Event</u></font>&#8221; means:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a) any sale, transfer, lease or other disposition (including pursuant to a sale and leaseback transaction and by way of merger or consolidation)
          (for purposes of this defined term, collectively, &#8220;<font style="font-family: 'Times New Roman';"><u>dispositions</u></font>&#8221;) of any asset of any member of the Restricted Group, other than (i) dispositions described in clauses (a) through (i) and
          (l), (m) and (o) of Section 6.05, (ii) other dispositions resulting in aggregate Net Proceeds not exceeding (A) $20,000,000 in the case of any single disposition or series of related dispositions and (B) $40,000,000 for all such dispositions
          during any fiscal year of the Borrower or (iii) dispositions of the Released Group;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b) any casualty or other insured damage to, or any taking under power of eminent domain or by condemnation or similar proceeding of, any asset of
          any member of the Restricted Group with a fair market value immediately prior to such event equal to or greater than $20,000,000; or</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c) the incurrence by any member of the Restricted Group of any Indebtedness, other than Indebtedness permitted to be incurred under Section 6.01;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>provided</u></font><font style="font-size: 10pt;">, that notwithstanding the foregoing, the Software
          Business Sale shall be deemed not to constitute a Prepayment Event so long as the Net Proceeds from the Software Sale are applied, by no later than the later of (x) March 31, 2020 and (y) 120 days after the consummation of the Software Business
          Sale, to redeem or repurchase Existing Senior Notes (including the payment of accrued interest, premium and other fees and expenses in connection therewith), it being agreed that any such Net Proceeds not so applied by such date shall be deemed
          on such date to constitute Net Proceeds to which clause (a) of this definition applies, subject to the thresholds in subclause (ii) of such clause (a).</font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Prime Rate</u></font>&#8221; means the rate of interest last quoted by The Wall Street Journal as the
          &#8220;Prime Rate&#8221; in the U.S. or, if The Wall Street Journal ceases to quote such rate, the highest per annum interest rate published by the Board of Governors in Federal Reserve Statistical Release H.15 (519) (Selected Interest Rates) as the &#8220;bank
          prime loan&#8221; rate or, if such rate is no longer quoted therein, any similar rate quoted therein (as determined by the Administrative Agent) or any similar release by the Board of Governors (as determined by the Administrative Agent). Each change
          in the Prime Rate shall be effective from and including the date such change is publicly announced or quoted as being effective.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Principal Domestic Manufacturing Plant</u>&#8221; means any &#8220;Principal Domestic Manufacturing Plant&#8221;
            as such term is defined in the Existing Senior Notes Documents as in effect on the Closing Date; <u>provided</u> that, without limitation of the foregoing, the Borrower shall have the right to determine in good faith that any plant, warehouse
            or other facility of the Borrower or any Subsidiary, including land and fixtures, constitutes a &#8220;Principal Domestic Manufacturing Plant&#8221; as such term is defined in the Existing Senior Notes Documents as in effect on the Closing Date and to
            designate such property as such by notice to the Administrative Agent.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Private-Siders</u></font>&#8221; has the meaning assigned to such term in Section 9.17(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">56</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Pro Forma Basis</u></font>&#8221; means, with respect to the calculation of the financial covenants
          contained in Sections 6.12 and 6.13 or any other calculations hereunder or otherwise for purposes of determining the Consolidated Total Leverage Ratio, Consolidated Interest Expense, Adjusted Consolidated Interest Expense, the Consolidated
          Secured Leverage Ratio, the First Lien Leverage Ratio, the Consolidated Interest Coverage Ratio, Consolidated EBITDA or Adjusted Consolidated EBITDA as of any date, that such calculation shall give pro forma effect to (i) if such calculation is
          being made for the purposes described in clause (y) below, the transaction or event with respect to which the calculation of any such amount or ratio is to be made pursuant to this Agreement, as applicable (and, to the extent applicable, the use
          of proceeds thereof and the incurrence or repayment of any Indebtedness in connection therewith) and (ii) all other acquisitions, all issuances, incurrences or assumptions or repayments and prepayments of Indebtedness in connection therewith
          (with any such Indebtedness being deemed to be amortized over the applicable testing period in accordance with its terms)&#160; (in each case, other than Indebtedness incurred or repaid under any revolving credit facility in the ordinary course of
          business) and all sales, transfers or other dispositions of any Equity Interests in a Restricted Subsidiary or all or substantially all assets of a Restricted Subsidiary or division or line of business of a Restricted Subsidiary outside the
          ordinary course of business (and any related prepayments or repayments of Indebtedness) (x) if such calculation is being made for purposes of determining actual compliance (and not compliance on a pro forma basis as per the requirements of any
          other provision of this Agreement) with the financial covenants contained in Sections 6.12 and 6.13 or for purposes of determining the Applicable Rate or the ECF Sweep Amount, that have occurred&#160; during the four consecutive fiscal quarter period
          of the Borrower with respect to which such calculation is being made or (y) if such calculation is being made for the purpose of determining whether any Incremental Extension of Credit may be made or any transaction or event subject to the
          limitations in Article VI or any other relevant limitations in this Agreement is permitted, that have occurred since the beginning of the four consecutive fiscal quarter period of the Borrower with respect to which such calculation is being made,
          in each case as if such transactions or events occurred on the first day of such four consecutive fiscal quarter period.&#160; If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness
          shall be calculated as if the rate in effect on the date of determination had been the applicable rate for the entire period (taking into account any Hedging Agreement applicable to such Indebtedness).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Pro Rata Share</u></font>&#8221; means, with respect to a Revolving Lender or Issuing Bank, a fraction
        (expressed as a percentage, carried out to the ninth decimal place), the numerator of which is the Revolving Commitments of such Revolving Lender or Issuing Bank in its capacity as Revolving Lender and the denominator of which is the aggregate
        Revolving Commitments of all Revolving Lenders.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Proposed Change</u></font>&#8221; means a proposed amendment, modification, waiver or termination of any
        provision of this Agreement or any other Loan Document.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>PTE</u></font>&#8221; means a prohibited transaction class exemption issued by the U.S. Department of
        Labor, as any such exemption may be amended from time to time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Public-Siders</u></font>&#8221; has the meaning assigned to such term in Section 9.17(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>QFC</u></font>&#8221; has the meaning assigned to the term &#8220;qualified financial contract&#8221; in, and shall
        be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>QFC Credit Support</u></font>&#8221; has the meaning assigned to it in Section 9.21.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Qualified Equity Interests</u></font>&#8221; means Equity Interests of the Borrower, other than
        Disqualified Equity Interests.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">57</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Quotation Day</u></font>&#8221; means, in respect of the determination of the EURIBO Rate for any
        Interest Period for Loans denominated in Euros, the day which is two Target2 Operating Days prior to the first day of such Interest Period; unless market practice differs for loans in Euro priced by reference to rates quoted in the relevant
        interbank market, in which case the Quotation Day shall be determined by the Administrative Agent in accordance with market practice for loans in Euro priced by reference to rates quoted in the relevant interbank market (and if quotations would
        normally be given by leading banks for loans in Euro priced by reference to rates quoted in the relevant interbank market on more than one day, the Quotation Day shall be the last of those days).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Receivables</u></font>&#8221; means lease receivables factored or sold to The Pitney Bowes Bank Inc.
          or one of its wholly-owned subsidiaries pursuant to a Permitted Receivables Facility.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Receivables Entity</u></font>&#8221; means a wholly owned Subsidiary of the Borrower (or another Person
        formed for the purposes of engaging in a Permitted Receivables Facility in which the Borrower or any of its Subsidiaries makes an Investment and to which the Borrower or any of its Subsidiaries transfers Permitted Receivables Facility Assets) which
        engages in no activities other than in connection with the financing of Receivables of the Receivables Sellers and which is designated (as provided below) as a &#8220;Receivables Entity&#8221; (a) no portion of the Indebtedness or any other obligations
        (contingent or otherwise) of which (i) is guaranteed by the Borrower or any Restricted Subsidiary (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness) pursuant to Standard Securitization Undertakings),
        (ii) is recourse to or obligates the Borrower or any Restricted Subsidiary in any way (other than pursuant to Standard Securitization Undertakings) or (iii) subjects any property or asset of the Borrower or any Restricted Subsidiary, directly or
        indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings, (b) with which neither the Borrower nor any Restricted Subsidiary has any contract, agreement, arrangement or
        understanding (other than pursuant to the Permitted Receivables Facility Documents (including with respect to fees payable in the ordinary course of business in connection with the servicing of Receivables)) on terms less favorable to the Borrower
        or such Restricted Subsidiary than those that might be obtained at the time from persons that are not Affiliates of the Borrower (as determined by the Borrower in good faith), and (c) to which neither the Borrower nor any Restricted Subsidiary has
        any obligation to maintain or preserve such entity&#8217;s financial condition or cause such entity to achieve certain levels of operating results.&#160; Any such designation shall be evidenced to the Administrative Agent by a certificate of a Financial
        Officer of the Borrower certifying that, to the best of such officer&#8217;s knowledge and belief after consultation with counsel, such designation complied with the foregoing conditions.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Receivables Seller</u></font>&#8221; has the meaning assigned to such term in the definition of
        &#8220;Permitted Receivables Facility&#8221;.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Recipient</u></font>&#8221; means (a) the Administrative Agent, (b) any Lender and (c) any Issuing Bank,
        as applicable.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Reference Time</u></font>&#8221; with respect to any setting of the then-current Benchmark means (1) if
        such Benchmark is the Term SOFR Rate, 5:00 a.m., Chicago time, on the day that is two U.S. Government Securities Business Days preceding the date of such setting, (2) <font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">if the RFR
          for such Benchmark is SONIA, then four RFR Business Days prior to such setting and (3) if such Benchmark is none of the foregoing,</font> the time determined by the Administrative Agent in its reasonable discretion.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinanced Debt</u></font>&#8221; has the meaning set forth in the definition of &#8220;Refinancing Term Loan
        Indebtedness&#8221;.</div>
      <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">58</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing</u></font>&#8221; has the meaning assigned to such term in Section 4.01(j).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Effective Date</u></font>&#8221; has the meaning assigned to such term in Section 2.23(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Facility Agreement</u></font>&#8221; means a Refinancing Facility Agreement, in form and
        substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Refinancing Term Lenders, establishing commitments in respect of Refinancing Term Loans and effecting such other amendments
        hereto and to the other Loan Documents as are contemplated by Section 2.23.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Indebtedness</u></font>&#8221; means, in respect of any Indebtedness (the &#8220;<font style="font-family: 'Times New Roman';"><u>Original Indebtedness</u></font>&#8221;), any Indebtedness that extends, renews, replaces or refinances such Original Indebtedness (or any Refinancing Indebtedness in respect thereof); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (a) the principal amount (or accreted value, if applicable) of such Refinancing Indebtedness shall not exceed the principal amount (or accreted value, if applicable) of such
        Original Indebtedness except by an amount no greater than accrued and unpaid interest with respect to such Original Indebtedness and any fees, premium and expenses relating to such extension, renewal, replacement or refinancing; (b) either (i) the
        stated final maturity of such Refinancing Indebtedness shall not be earlier than that of such Original Indebtedness or (ii) such Refinancing Indebtedness shall not be required to mature or to be repaid, prepaid, redeemed, repurchased or defeased,
        whether on one or more fixed dates, upon the occurrence of one or more events or at the option of any holder thereof (except, in each case, upon the occurrence of an event of default, asset sale or a change in control or as and to the extent such
        repayment, prepayment, redemption, repurchase or defeasance would have been required pursuant to the terms of such Original Indebtedness) prior to the date 91 days after the Latest Maturity Date in effect on the date of such extension, renewal,
        replacement or refinancing; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, notwithstanding the foregoing, scheduled amortization payments (however denominated) of such Refinancing Indebtedness shall be permitted so long
        as the weighted average life to maturity of such Refinancing Indebtedness shall be no shorter than the weighted average life to maturity of such Original Indebtedness remaining as of the date of such extension, renewal or refinancing (or, if
        shorter, 91 days after the Latest Maturity Date in effect on the date of such extension, renewal or refinancing); (c) such Refinancing Indebtedness shall not constitute an obligation (including pursuant to a Guarantee) of the Borrower or any
        Subsidiary, in each case that shall not have been (or shall not have been required to become pursuant to the terms of the Original Indebtedness) an obligor in respect of such Original Indebtedness, and shall not constitute an obligation of the
        Borrower if the Borrower shall not have been an obligor in respect of such Original Indebtedness (provided that Refinancing Indebtedness in respect of the Existing Senior Notes shall be permitted to be supported by Guarantees from the Loan Parties
        notwithstanding the foregoing requirements of this clause (c)); (d) if such Original Indebtedness shall have been subordinated to the Loan Document Obligations, such Refinancing Indebtedness shall also be subordinated to the Loan Document
        Obligations on terms not less favorable in any material respect to the Lenders (as determined in good faith by the Borrower); (e) such Refinancing Indebtedness shall not be secured by any Lien on any asset other than the assets that secured such
        Original Indebtedness (or would have been required to secure such Original Indebtedness pursuant to the terms thereof) or, in the event Liens securing such Original Indebtedness shall have been contractually subordinated to any Lien securing the
        Loan Document Obligations, by any Lien that shall not have been contractually subordinated to at least the same extent (as determined in good faith by the Borrower) (provided that Liens on the Collateral securing Refinancing Indebtedness in respect
        of Original Indebtedness that was secured by Liens on the Collateral on a junior basis to the Liens securing the Obligations shall be deemed to meet the requirements of this clause (e) if such Liens are on a junior basis to the Liens securing the
        Obligations and are governed by an Acceptable Intercreditor Agreement); (f) any Refinancing Indebtedness in respect of Alternative Incremental Facility Debt shall satisfy the requirements set forth in clauses (ii) and (iii) of the definition of
        such term and any Refinancing Debt in respect of Indebtedness incurred in reliance on Section 6.01(a)(xx) shall satisfy the requirements of clauses (B), (D), (E), (F) and (G) of such Section and (g) the proceeds of such Refinancing Indebtedness are
        promptly, subject to any advance notice requirements for the relevant prepayment, repurchase or redemption and other logistical considerations as determined in good faith by the Borrower, applied to refinance, repurchase or redeem such Original
        Indebtedness; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>however</u></font> that the proceeds of any Refinancing Indebtedness in respect of Original Indebtedness
        constituting Existing Senior Notes or other capital markets Indebtedness shall not be required to be applied to repurchase or redeem such Original Indebtedness prior to the date that is 120 days following the date of the incurrence of such
        Refinancing Indebtedness.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">59</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Term Lender</u></font>&#8221; means any Person that provides a Refinancing Term Loan.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Term Loan Indebtedness</u></font>&#8221; means (a) Permitted Junior Lien Refinancing Debt,
        (b) Permitted Unsecured Refinancing Debt or (c) Refinancing Term Loans obtained pursuant to a Refinancing Facility Agreement, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing
        Indebtedness) in exchange for, or to extend, renew, refinance or replace, in whole or part, existing Term Loans hereunder (including any successive Refinancing Term Loan Indebtedness) (such existing Term Loans and successive Refinancing Term Loan
        Indebtedness, the &#8220;<font style="font-family: 'Times New Roman';"><u>Refinanced Debt</u></font>&#8221;); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (i) the principal amount (or accreted value, if applicable) of such
        Refinancing Term Loan Indebtedness shall not exceed the principal amount (or accreted value, if applicable) of such Refinanced Debt except by an amount equal to the sum of accrued and unpaid interest, accrued fees and premiums (if any) with respect
        to such Refinanced Debt and fees and expenses associated with the refinancing of such Refinanced Debt with such Refinancing Term Loan Indebtedness; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>however</u></font>, that, as part of the same incurrence or issuance of Indebtedness as such Refinancing Term Loan Indebtedness, the Borrower may incur or issue an additional amount of Indebtedness under Section 6.01
        without violating this clause (i) (and, for purposes of clarity, (x) such additional amount of Indebtedness shall not constitute Refinancing Term Loan Indebtedness and (y) such additional amount of Indebtedness shall reduce the applicable basket
        under Section 6.01, if any, on a dollar-for-dollar basis); (ii) the stated final maturity of such Refinancing Term Loan Indebtedness shall not be earlier than 91 days after the Latest Maturity Date of such Refinanced Debt, and such stated final
        maturity of such Refinancing Term Loan Indebtedness shall not be subject to any conditions that could result in such stated final maturity occurring on a date that precedes the Latest Maturity Date of such Refinanced Debt; (iii) such Refinancing
        Term Loan Indebtedness shall not be required to be repaid, prepaid, redeemed, repurchased or defeased, whether on one or more fixed dates, upon the occurrence of one or more events or at the option of any holder thereof (except, in each case, on
        the stated final maturity date as permitted pursuant to the preceding clause (ii) or upon the occurrence of an event of default, asset sale or a change in control or as and to the extent such repayment, prepayment, redemption, repurchase or
        defeasance would have been required pursuant to the terms of such Refinanced Debt) prior to the earlier of (A) the latest stated final maturity of such Refinanced Debt and (B) 91 days after the Latest Maturity Date in effect on the date of such
        extension, renewal or refinancing; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, notwithstanding the foregoing, scheduled amortization payments (however denominated) of such Refinancing Term Loan Indebtedness in the
        form of Refinancing Term Loans shall be permitted so long as the weighted average life to maturity of such Refinancing Term Loan Indebtedness in the form of Refinancing Term Loans shall be no shorter than the weighted average life to maturity of
        such Refinanced Debt remaining as of the date of such extension, replacement or refinancing; (iv) such Refinancing Term Loan Indebtedness shall not constitute an obligation (including pursuant to a Guarantee) of the Borrower or any Subsidiary, in
        each case that shall not have been (or, in the case of after-acquired Subsidiaries, shall not have been required to become pursuant to the terms of the Refinanced Debt) an obligor in respect of such Refinanced Debt, and, in each case, shall
        constitute an obligation of the Borrower or such Subsidiary to the extent of its obligations in respect of such Refinanced Debt and (v) in the case of Refinancing Term Loans, such Refinancing Term Loan Indebtedness shall contain terms and
        conditions that are not materially more favorable (when taken as a whole) to the investors providing such Refinancing Term Loan Indebtedness than those applicable to the existing Term Loans of the applicable Class being refinanced (other than (A)
        with respect to pricing, maturity, amortization, optional prepayments and redemption and (B) covenants or other provisions applicable only to periods after the Latest Maturity Date) on the date such Refinancing Term Loan is incurred.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">60</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Term Loans</u></font>&#8221; means one or more Classes of term loans incurred by the
        Borrower under this Agreement pursuant to a Refinancing Facility Agreement; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that such Indebtedness constitutes Refinancing Term Loan Indebtedness in respect of Term Loans
        (including portions of Classes of Term Loans).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Tranche B Term Lender</u></font>&#8221; has the meaning assigned to such term in the First
        Refinancing Facility Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Tranche B Term Loans</u></font>&#8221; has the meaning assigned to such term in the First
        Refinancing Facility Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Tranche B Term Maturity Date</u></font>&#8221; means March 19, 2028, as the same may be
          extended pursuant to Section 2.22; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, if, on any date prior to the then-scheduled Refinancing Tranche B Term Maturity Date that is ninety-one (91) days prior to the
          scheduled maturity date in respect of (x) any series of the Existing Senior Notes and/or (y) any Refinancing Indebtedness in respect of any series of Existing Senior Notes (any such date, a &#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing




              Tranche B Term Springing Maturity Date</u></font>&#8221; and any such maturing Existing Senior Notes or Refinancing Indebtedness, &#8220;<font style="font-family: 'Times New Roman';"><u>Reference Debt</u></font>&#8221;), Reference Debt is outstanding in an
          aggregate principal amount in excess of $150,000,000, the Refinancing Tranche B Term Maturity Date shall instead be the Refinancing Tranche B Term Springing Maturity Date; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font>, in each case, if such date is not a Business Day, the Refinancing Tranche B Term Maturity Date shall be the immediately preceding Business Day; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>however</u></font>, that notwithstanding the foregoing, the Refinancing Tranche B Term Maturity Date shall not be the Refinancing Tranche B Term Springing
          Maturity Date if (i) on the Refinancing Tranche B Term Springing Maturity Date, the Consolidated Secured Leverage Ratio, calculated on a Pro Forma Basis, does not exceed 2.00:1.00 or (ii) on the Refinancing Tranche B Term Springing Maturity Date
          and at all times thereafter until the repayment in full of such Reference Debt, together with all amounts due and owing in respect thereof (the &#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Tranche B Term Reference Debt Repayment
              Period</u></font>&#8221;), the aggregate amount of unrestricted cash and Permitted Investments of the Borrower and the Restricted Subsidiaries minus the aggregate principal amount of revolving loans then outstanding shall be no less than an amount
          equal to 150% of the amount necessary to fund the repayment, repurchase or redemption in full of all such maturing Reference Debt then outstanding, together with all accrued interest, premiums, fees and other amounts payable in respect thereof; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font> that if on any date during the Refinancing Tranche B Term Reference Debt Repayment Period, the requirements of
          this clause (ii) fail to be satisfied, the Refinancing Tranche B Term Maturity Date shall mean such date.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Register</u></font>&#8221; has the meaning assigned to such term in Section 9.04(b)(iv).</div>
      <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">61</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Related Parties</u></font>&#8221; means, with respect to any specified Person, such Person&#8217;s Affiliates
        and the respective directors, officers, employees, agents, trustees, managers, advisors, representatives and controlling persons of such Person or Affiliates.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Release</u></font>&#8221; means any release, spill, emission, leaking, dumping, injection, pouring,
        deposit, disposal, discharge, dispersal, leaching or migration into or through the environment (including ambient air, surface water, groundwater, land surface or subsurface strata) or within or upon any building, structure, facility or fixture.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Released Group</u></font>&#8221; means the Released Guarantors, Pitney Bowes Global Ecommerce (APAC) Co.
        Ltd., and each of their respective subsidiaries.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Released Guarantors</u></font>&#8221; has the meaning given to such term in the Seventh Amendment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Relevant Governmental Body</u></font>&#8221; means (i) with respect to a Benchmark Replacement in
        respect of Loans denominated in Dollars, the Federal Reserve Board and/or the NYFRB, or a committee officially endorsed or convened by the Federal Reserve Board and/or the NYFRB or, in each case, any successor thereto, (ii) with respect to a
        Benchmark Replacement in respect of Loans denominated in Sterling, the Bank of England, or a committee officially endorsed or convened by the Bank of England or, in each case, any successor thereto, (iii) with respect to a Benchmark Replacement in
        respect of Loans denominated in Euros, the European Central Bank, or a committee officially endorsed or convened by the European Central Bank or, in each case, any successor thereto and (iv) with respect to a Benchmark Replacement in respect of
        Loans denominated in any other Permitted Foreign Currency, (a) the central bank for the currency in which such Benchmark Replacement is denominated or any central bank or other supervisor which is responsible for supervising either (1) such
        Benchmark Replacement or (2) the administrator of such Benchmark Replacement or (b) any working group or committee officially endorsed or convened by (1) the central bank for the currency in which such Benchmark Replacement is denominated, (2) any
        central bank or other supervisor that is responsible for supervising either (A) such Benchmark Replacement or (B) the administrator of such Benchmark Replacement, (3) a group of those central banks or other supervisors or (4) the Financial
        Stability Board or any part thereof.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Relevant Rate</u></font>&#8221; means (i) with respect to any Term Benchmark Borrowing denominated in
        Dollars, the Adjusted Term SOFR Rate, (ii) with respect to any Term Benchmark Borrowing denominated in Euros, the EURIBO Rate or (iii) with respect to any Borrowing denominated in Sterling, the Adjusted Daily Simple RFR, as applicable.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Repricing Transaction</u></font>&#8221; means the prepayment or refinancing of all or a portion of the
        Refinancing Tranche B Term Loans with the proceeds of the incurrence by the Borrower or any Subsidiary of any long-term bank debt financing or any other financing similar to such Refinancing Tranche B Term Loans, in each case having a lower all-in
        yield (taking into account any original issue discount and upfront fees in respect of such financing and any pricing &#8220;floor&#8221; applicable thereto) than the interest rate margin applicable to such Refinancing Tranche B Term Loans, other than any such
        prepayment or refinancing in connection with a change of control.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">62</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Required Covenant Lenders</u></font>&#8221; means, at any time, Lenders having Revolving Exposures,
        unfunded Revolving Commitments, Tranche A Term Loans, unfunded Tranche A Term Commitments and Incremental Tranche B Term Loans together representing more than 50% of the sum of the Aggregate Revolving Exposure, unfunded Revolving Commitments,
        Tranche A Term Loans, unfunded Tranche A Term Commitments and Incremental Tranche B Term Loans at such time; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that whenever there are one or more Defaulting Lenders, the total
        outstanding Revolving Exposures, Tranche A Term Loans and Incremental Tranche B Term Loans of, and the unfunded Revolving Commitments and Tranche A Term Commitments of, each Defaulting Lender, shall be excluded for purposes of making a
        determination of Required Covenant Lenders.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Required Lenders</u></font>&#8221; means, at any time, Lenders having Revolving Exposures, Term Loans
        and unfunded Commitments representing more than 50% of the sum of the Aggregate Revolving Exposure (with the aggregate of each Lender&#8217;s risk participation and funded participation in Letters of Credit being deemed &#8220;held&#8221; by such Lender for purposes
        of this definition), outstanding Term Loans and unfunded Commitments at such time; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that whenever there is one or more Defaulting Lenders, the total outstanding Term Loans and
        Revolving Exposures of, and the unfunded Commitments of, each Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Required Revolving Lenders</u></font>&#8221; means, at any time, Lenders having Revolving Exposures and
        unfunded Revolving Commitments representing more than 50% of the sum of the Aggregate Revolving Exposure and unfunded Revolving Commitments at such time; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that whenever there are
        one or more Defaulting Lenders, the total outstanding Revolving Exposures of, and the unfunded Revolving Commitments of, each Defaulting Lender, shall be excluded for purposes of making a determination of Required Revolving Lenders.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Required Tranche A Term Lenders</u></font>&#8221; means, at any time, Lenders having Tranche A Term
        Loans and unfunded Tranche A Term Commitments representing more than 50% of the sum of the Tranche A Term Loans and unfunded Tranche A Term Commitments at such time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Requirement of Law</u></font>&#8221; means, with respect to any Person, (a) the charter, articles or
        certificate of organization or incorporation and bylaws or other organizational or governing documents of such Person and (b) any law (including common law), statute, ordinance, treaty, rule, regulation, order, decree, writ, injunction, settlement
        agreement or determination of any arbitrator or court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Resolution Authority</u></font>&#8221; means an EEA Resolution Authority or, with respect to any UK
        Financial Institution, a UK Resolution Authority.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Restricted Debt Payments</u></font>&#8221; has the meaning assigned to such term in Section 6.08(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Restricted Group</u></font>&#8221; means the Borrower and its Subsidiaries; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, from and after the Seventh Amendment Effective Date, none of the Specified GEC Entities nor any of their respective subsidiaries shall constitute a member of the Restricted Group; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font> that, if a Specified GEC Bankruptcy Event with respect to a Specified GEC Entity shall not have occurred prior to
        the Specified GEC Bankruptcy Event Outside Date, such Specified GEC Entity and each of its respective subsidiaries shall, from and after the Specified GEC Bankruptcy Event Outside Date, constitute a member of the Restricted Group.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Restricted Payment</u></font>&#8221; means any dividend or other distribution (whether in cash,
        securities or other property) by the Borrower or any Restricted Subsidiary with respect to its Equity Interests, or any payment or distribution (whether in cash, securities or other property) by the Borrower or any Restricted Subsidiary, including
        any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancelation or termination of its Equity Interests.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">63</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Restricted Subsidiary</u></font>&#8221; means each Subsidiary of the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Resulting Revolving Borrowings</u></font>&#8221; has the meaning assigned to such term in Section
        2.21(d).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Reuters</u></font>&#8221; means Thomson Reuters Corporation, a corporation incorporated under and
        governed by the Business Corporations Act (Ontario), Canada, or a successor thereto.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Availability Period</u></font>&#8221; means the period from and including the Closing Date to
        but excluding the earlier of the Revolving Maturity Date and the date of termination of all the Revolving Commitments.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Borrowing</u></font>&#8221; means Revolving Loans of the same Class, Type and currency, made,
        converted or continued on the same date and, in the case of Term Benchmark Revolving Loans, as to which a single Interest Period is in effect.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Commitment</u></font>&#8221; means, with respect to each Lender, the commitment, if any, of
        such Lender to make Revolving Loans and to acquire participations in Letters of Credit hereunder, expressed as an amount representing the maximum possible aggregate amount of such Lender&#8217;s Revolving Exposure hereunder, as such commitment may be (a)
        reduced from time to time pursuant to Section 2.08, (b) increased from time to time pursuant to Section 2.21 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 2.23 and Section 9.04.&#160; The
        amount of each Lender&#8217;s Revolving Commitment as of the Seventh Amendment Effective Date is set forth on <font style="font-family: 'Times New Roman';"><u>Schedule 2.01</u></font> or in the Assignment and Assumption, Refinancing Facility Agreement
        or Incremental Facility Amendment pursuant to which such Lender shall have assumed its Revolving Commitment, as applicable.&#160; The aggregate amount of the Lenders&#8217; Revolving Commitments as of the Seventh Amendment Effective Date is $400,000,000.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Commitment Increase</u></font>&#8221; has the meaning assigned to such term in Section
        2.21(a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Commitment Increase Lender</u></font>&#8221; means, with respect to any Revolving Commitment
        Increase, each Additional Lender providing a portion of such Revolving Commitment Increase.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Exposure</u></font>&#8221; means, with respect to any Revolving Lender at any time, the sum of
        (a) the outstanding principal amount of such Revolving Lender&#8217;s Revolving Loans and (b) such Revolving Lender&#8217;s LC Exposure, in each case, at such time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Lender</u></font>&#8221; means a Lender with a Revolving Commitment or, if the Revolving
        Commitments have terminated or expired, a Lender with Revolving Exposure.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Lender Parent</u></font>&#8221; means, with respect to any Revolving Lender, any Person as to
        which such Revolving Lender is, directly or indirectly, a subsidiary.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Loan</u></font>&#8221; means a Loan made pursuant to clause (c) of Section 2.01.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">64</font></div>
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      </div>
      <div>
        <div style="text-align: left; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Maturity Date</u></font>&#8221; means the date that is five years after the First Amendment
          Effective Date, as the same may be extended pursuant to Section 2.22; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, if, on any date prior to the then-scheduled Revolving Maturity Date that is ninety-one (91) days
          prior to the scheduled maturity date in respect of (x) any series of the Existing Senior Notes and/or (y) any Refinancing Indebtedness in respect of any series of Existing Senior Notes (any such date, a &#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Facility Springing Maturity Date</u></font>&#8221; and any such maturing Existing Senior Notes or Refinancing Indebtedness, &#8220;<font style="font-family: 'Times New Roman';"><u>Reference Debt&#8221;</u></font>), Reference Debt is
          outstanding in an aggregate principal amount in excess of $150,000,000, the Revolving Maturity Date shall instead be the Revolving Facility Springing Maturity Date; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font>, in each case, if such date is not a Business Day, the Revolving Maturity Date shall be the immediately preceding Business Day; <font style="font-family: 'Times New Roman';"><u>provided</u></font>,
          <font style="font-family: 'Times New Roman';"><u>however</u></font>, that notwithstanding the foregoing, the Revolving Maturity Date shall not be the Revolving Facility Springing Maturity Date if (i) on the Revolving Facility Springing Maturity
          Date, the Consolidated Secured Leverage Ratio, calculated on a Pro Forma Basis, does not exceed 2.00:1.00 or (ii) on the Revolving Facility Springing Maturity Date and at all times thereafter until the repayment in full of such Reference Debt,
          together with all amounts due and owing in respect thereof (the &#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Facility Reference Debt Repayment Period</u></font>&#8221;), the aggregate amount of unrestricted cash and Permitted Investments
          of the Borrower and the Restricted Subsidiaries minus the aggregate principal amount of revolving loans then outstanding shall be no less than an amount equal to 150% of the amount necessary to fund the repayment, repurchase or redemption in full
          of all such maturing Reference Debt then outstanding, together with all accrued interest, premiums, fees and other amounts payable in respect thereof; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font> that if on any date during the Revolving Facility Reference Debt Repayment Period, the requirements of this clause (ii) fail to be satisfied, the Revolving Maturity Date shall mean
          such date.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>RFR</u></font>&#8221; means, for any RFR Loan denominated in Sterling, SONIA.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>RFR Administrator</u></font>&#8221; means the SONIA Administrator.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>RFR Borrowing</u></font>&#8221; means, as to any Borrowing, the RFR Loans comprising such Borrowing.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>RFR Business Day</u></font>&#8221; means, for any Loan denominated in Sterling, any day except for a
        Saturday, a Sunday or a day on which banks are closed for general business in London.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>RFR Interest Day</u></font>&#8221; has the meaning assigned to such term in the definition of &#8220;Daily
        Simple RFR&#8221;.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>RFR Loan</u></font>&#8221; means a Loan that bears interest at a rate based on the Adjusted Daily Simple
        RFR.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>S&amp;P</u></font>&#8221; means Standard &amp; Poor&#8217;s Ratings Services, a division of The McGraw-Hill
        Companies, Inc., and any successor to its rating agency business.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Sanctioned Country</u></font>&#8221; means, at any time, a country, region or territory which is itself
        the subject or target of any Sanctions (at the time of this Agreement, Cuba, Iran, North Korea, Syria and Crimea).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Sanctioned Person</u></font>&#8221; means, at any time, (a) any Person&#160; listed in any Sanctions-related
        list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, or by the United Nations Security Council, the European Union or any European Union member state,
        Canada or Her Majesty&#8217;s Treasury of the United Kingdom or (b) any Person owned or controlled by any such Person or Persons described in the foregoing clause (a).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">65</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Sanctions</u></font>&#8221; means economic or financial sanctions or trade embargoes imposed,
        administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State or (b) the United Nations Security
        Council, the European Union, any European Union member state, Canada or His Majesty&#8217;s Treasury of the United Kingdom.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Screen Rate</u></font>&#8221; means the Euro interbank offered rate administered by the European Money
        Markets Institute (or any other person which takes over the administration of that rate) for such Interest Period as set forth on the Reuters screen page that displays such rate (currently EURIBOR01) (or, in the event such rate does not appear on a
        page of the Reuters screen, on the appropriate page of such other information service that publishes such rate as shall be selected by the Administrative Agent from time to time in its reasonable discretion).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>SEC</u></font>&#8221; means the United States Securities and Exchange Commission or any Governmental
        Authority succeeding to any of its principal functions.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Secured Cash Management Obligations</u></font>&#8221; means the due and punctual payment of any and
          all obligations of (x) the Borrower and each Loan Party and (y) each Restricted Subsidiary that is not a Loan Party, in each case whether absolute or contingent and however and whenever created, arising, evidenced or acquired (including all
          renewals, extensions and modifications thereof and substitutions therefor) arising in respect of Cash Management Services that (a) (i) are owed to the Administrative Agent or an Affiliate thereof, or to any Person that was the Administrative
          Agent or an Affiliate thereof at the time the agreements in respect of such obligations were entered, incurred or that becomes the Administrative Agent or an Affiliate thereof thereafter, (ii) are owed on the Closing Date to a Person that is a
          Lender or an Affiliate of a Lender as of the Closing Date or (iii) are owed to a Person that is a Lender or an Affiliate of a Lender at the time such obligations are incurred or becomes a Lender or an Affiliate of a Lender thereafter and (b) are
          secured by the Collateral.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Secured Hedging Obligations</u></font>&#8221; means the due and punctual payment of any and all
          obligations of the Borrower and each Restricted Subsidiary arising under each Hedging Agreement that (a)(i) is with a counterparty that is the Administrative Agent or an <font style="font-family: 'Times New Roman';">Arranger or an </font>Affiliate




          thereof, or any Person that was the Administrative Agent or an <font style="font-family: 'Times New Roman';">Arranger or an </font>Affiliate thereof at the time such Hedging Agreement was entered into or that becomes the Administrative Agent or
          an <font style="font-family: 'Times New Roman';">Arranger or an </font>Affiliate thereof thereafter, (ii) is in effect on the Closing Date with a counterparty that is a Lender or an Affiliate of a Lender as of the Closing Date or (iii) is
          entered into after the Closing Date with a counterparty that is a Lender or an Affiliate of a Lender at the time such Hedging Agreement is entered into or that becomes a Lender or an Affiliate of a Lender thereafter and (b) are secured by the
          Collateral.&#160; Notwithstanding the foregoing, in the case of any Excluded Swap Guarantor, &#8220;Secured Hedging Obligations&#8221; shall not include Excluded Swap Obligations of such Excluded Swap Guarantor.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Secured Parties</u></font>&#8221; means, collectively, (a) the Lenders, (b) the Administrative Agent,
        (c) each Issuing Bank, (d) each provider of Cash Management Services the obligations under which constitute Secured Cash Management Obligations, (e) each counterparty to any Hedging Agreement the obligations under which constitute Secured Hedging
        Obligations and (f) the successors and assigns of each of the foregoing.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">66</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Securities Act</u></font>&#8221; means the United States Securities Act of 1933.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Security Documents</u></font>&#8221; means the Guarantee Agreement, the Collateral Agreement, the First
        Lien Intercreditor Agreement, any other Acceptable Intercreditor Agreement, each Mortgage, each intellectual property security agreement, each Blocked Account Agreement and each other security agreement or other instrument or document executed and
        delivered by any Loan Party pursuant to any of the foregoing or pursuant to Section 5.12, 5.13 or 5.16.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Senior Notes Due 2027</u></font>&#8221; has the meaning assigned to such term in the definition of
        &#8220;Existing Senior Notes&#8221;.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>&#8220;Seventh Amendment</u></font><font style="font-size: 10pt;">&#8221; means the Seventh
          Amendment dated as of August 8, 2024, relating to this Agreement.</font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Seventh Amendment Effective Date</u></font>&#8221; means August 8, 2024, which date was the Seventh
        Amendment Effective Date under (and as defined in) the Seventh Amendment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Shared Services Agreement</u></font>&#8221; means that certain Shared Services Agreement, dated as of
        August 8, 2024, as in effect on such date, by and among Pitney Bowes Inc., Pitney Bowes Global Ecommerce LLC and Pitney Bowes Global Logistics LLC.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Sixth Amendment</u></font>&#8221; means the Sixth Amendment dated as of July 31, 2023, relating to this
        Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Sixth Amendment Effective Date</u></font>&#8221; means July 31, 2023, which date was the Sixth Amendment
        Effective Date under (and as defined in) the Sixth Amendment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>SOFR</u></font>&#8221; means a rate equal to the secured overnight financing rate as administered by the
        SOFR Administrator.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>SOFR Administrator</u></font>&#8221; means the NYFRB (or a successor administrator of the secured
        overnight financing rate).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>SOFR Administrator&#8217;s Website</u></font>&#8221; means the NYFRB&#8217;s website, currently at
        http://www.newyorkfed.org, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Software Business Sale</u></font>&#8221; means the transactions contemplated by that certain Stock and
        Asset Purchase Agreement, dated as of August 23, 2019 by and between the Borrower and Starfish Parent L.P., as may be amended.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>SONIA</u></font>&#8221; means, with respect to any Business Day, a rate per annum equal to the Sterling
        Overnight Index Average for such Business Day published by the SONIA Administrator on the SONIA Administrator&#8217;s Website on the immediately succeeding Business Day.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>SONIA Administrator</u></font>&#8221; means the Bank of England (or any successor administrator of the
        Sterling Overnight Index Average).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>SONIA Administrator&#8217;s Website</u></font>&#8221; means the Bank of England&#8217;s website, currently at
        http://www.bankofengland.co.uk, or any successor source for the Sterling Overnight Index Average identified as such by the SONIA Administrator from time to time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">67</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: left; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified Citi Letter of Credit</u></font>&#8221; means the following letter of credit issued by
          Citibank, N.A. (or its designated affiliate):</div>
        <div style="text-align: left; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"> <br>
        </div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">
          <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zd1bfdb1a6b0d4c58a884cb5a64122086">

              <tr>
                <td style="width: 14.89%; vertical-align: top;">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>L/C Number</u></div>
                </td>
                <td style="width: 32.98%; vertical-align: top;">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>Issued for</u></div>
                </td>
                <td style="width: 31.91%; vertical-align: top;">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>Beneficiary</u></div>
                </td>
                <td style="width: 20.21%; vertical-align: top;">
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>Notional Amount</u></div>
                </td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 14.89%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 32.98%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 31.91%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 20.21%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 14.89%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">5035901001</div>
                </td>
                <td style="width: 32.98%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Pitney Bowes Australia Pty Ltd</div>
                </td>
                <td style="width: 31.91%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Westpac the Bureau Bank</div>
                </td>
                <td style="width: 20.21%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">A$450,000.00</div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"> <br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified ECF Percentage</u></font>&#8221; means, with respect to any fiscal year of the Borrower, (a)
        if the Consolidated Total Leverage Ratio as of the last day of such fiscal year is greater than 4.50 to 1.00, 50%, (b) if the Consolidated Total Leverage Ratio as of the last day of such fiscal year is less than or equal to 4.50 to 1.00 but greater
        than 3.50 to 1.00, 25%, and (c) if the Consolidated Total Leverage Ratio as of the last day of such fiscal year is less than or equal to 3.50 to 1.00, 0%.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC Bankruptcy Event</u></font>&#8221; means, each Specified GEC Entity shall have become a
          debtor in a U.S. Bankruptcy Case in furtherance of the completion of the Ecommerce Restructuring.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC Bankruptcy Event Outside Date</u></font>&#8221; means the date that is two (2) Business
          Days after the Seventh Amendment Effective Date.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC DIP Financing</u></font>&#8221; means a senior secured superpriority postpetition term
          loan facility to be advanced and made available by Pitney Bowes International Holdings, Inc., a Delaware corporation as lender to one or more Specified GEC Entities pursuant to the terms and subject to the conditions of an order of the United
          States Bankruptcy Court for the Southern District of Texas, or any appellate court having jurisdiction over the GEC Bankruptcy Cases, which term loan facility will be on arm&#8217;s length terms and provide for a maturity date no later than March 31,
          2025.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC Letters of Credit</u></font>&#8221; means those certain letters of credit, bank
          guarantees or similar instruments (if any) issued for or on behalf of one or more Specified GEC Entities and listed on Schedule 2.05 as of the Seventh Amendment Effective Date.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC Note</u></font>&#8221; means that certain secured senior takeback note between the
          Released Guarantors, as payors and Opps XI PTBW Holdings, L.P., a Delaware limited partnership, and Opps XII PTBW Holdings, L.P., a Delaware limited partnership, collectively, as payees.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC Entity</u></font>&#8221; means each of (i) PBGEC and (ii) PBGL, and any successors to
          the foregoing.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC Entity Bankruptcy Distribution</u></font>&#8221; has the meaning assigned to such term
          in Section 2.11(e).</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC Entity Bankruptcy Distribution Amount</u></font>&#8221; has the meaning assigned to such
          term in Section 2.11(e).</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified Foreign Jurisdictions</u></font>&#8221; means the United Kingdom and any political
          subdivision thereof.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified Foreign Subsidiary</u></font>&#8221; means each Subsidiary organized in a Specified Foreign
          Jurisdiction.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">68</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Specified Time</u></font>&#8221; means, with respect to the EURIBO Rate, 11:00 a.m., Brussels time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Standard Securitization Undertakings</u></font>&#8221; means representations, warranties, covenants and
        indemnities entered into by the Borrower or any Restricted Subsidiary thereof in connection with the Permitted Receivables Facility which are customary in a Receivables financing transaction, as determined in good faith by the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Statutory Reserve Rate</u></font>&#8221;&#160; means a fraction (expressed as a decimal), the numerator of
        which is the number one and the denominator of which is the number one <font style="font-family: 'Times New Roman';"><u>minus</u></font> the aggregate of the maximum reserve percentage (including any marginal, special, emergency or supplemental
        reserves) expressed as a decimal established by the Board of Governors to which the Administrative Agent is subject for eurocurrency funding (currently referred to as &#8220;Eurocurrency Liabilities&#8221; in Regulation D of the Board of Governors).&#160; Such
        reserve percentages shall include those imposed pursuant to such Regulation D.&#160; Term Benchmark Loans for which the associated Benchmark is adjusted by reference to the Statutory Reserve Rate (per the related definition of such Benchmark) shall be
        deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any
        comparable regulation.&#160; The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Sterling</u></font>&#8221; or &#8220;<font style="font-family: 'Times New Roman';"><u>&#163;</u></font>&#8221; means the
        lawful currency of the United Kingdom of Great Britain and Northern Ireland.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>subsidiary</u></font>&#8221; means, with respect to any Person (the &#8220;parent&#8221;) at any date, any
        corporation, limited liability company, partnership, association or other entity the accounts of which would be consolidated with those of the parent in the parent&#8217;s consolidated financial statements if such financial statements were prepared in
        accordance with GAAP, as well as any other corporation, limited liability company, partnership, association or other entity (a) of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the
        ordinary voting power or, in the case of a partnership, more than 50% of the general partnership interests are, as of such date, owned, controlled or held (unless parent does not Control such entity), or (b) that is, as of such date, otherwise
        Controlled, by the parent or one or more subsidiaries of the parent or by the parent and one or more subsidiaries of the parent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Subsidiary</u></font>&#8221; means any subsidiary of the Borrower; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, from and after the Seventh Amendment Effective Date, none of the Specified GEC Entities nor any of their respective subsidiaries shall constitute a Subsidiary; <font style="font-family: 'Times New Roman';"><u>provided</u></font>,
        <font style="font-family: 'Times New Roman';"><u>further</u></font> that, if a Specified GEC Bankruptcy Event with respect to the Specified GEC Entities shall not have occurred prior to the Specified GEC Bankruptcy Event Outside Date, each
        Specified GEC Entity (to the extent constituting a subsidiary of the Borrower) and each its respective subsidiaries shall, from and after the Specified GEC Bankruptcy Event Outside Date, constitute a Subsidiary for all purposes under this Agreement
        and the other Loan Documents.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Successor Borrower</u></font>&#8221; has the meaning assigned to such term in Section 6.03(a)(v).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Supported QFC</u></font>&#8221; has the meaning assigned to it in Section 9.21.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">69</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Swap Obligations</u></font>&#8221; means, with respect to the Borrower or any other Loan Party, an
        obligation to pay or perform under any agreement, contract or transaction that constitutes a &#8220;swap&#8221; within the meaning of &#167; 1a(47) of the Commodity Exchange Act.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: left; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Syndication Agents</u></font>&#8221; means, collectively, MUFG Bank, Ltd. and SunTrust Bank.</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>TARGET2</u></font>&#8221; means the Trans-European Automated Real-time Gross Settlement Express Transfer
        (TARGET2) payment system.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Target2 Operating Day</u></font>&#8221; means any day (other than a Saturday or Sunday) on which both
        (a) TARGET2 (or, if TARGET2 ceases to be operative, such other payment system as shall be determined by the Administrative Agent to be a replacement therefor for purposes hereof) is open for the settlement of payments in Euros and (b) banks in
        London, England are open for general business.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Taxes</u></font>&#8221; means all present or future taxes, levies, imposts, duties, deductions,
        withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term Benchmark</u></font>&#8221; when used in reference to any Loan or Borrowing, refers to whether such
        Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted Term SOFR Rate or the EURIBO Rate.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term SOFR Determination Day</u></font>&#8221; has the meaning assigned to it in the definition of Term
        SOFR Reference Rate.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term SOFR Rate</u></font>&#8221; means, with respect to any Term Benchmark Borrowing denominated in
        Dollars and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the
        applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term SOFR Reference Rate</u></font>&#8221; means, for any day and time (such day, the &#8220;Term SOFR
        Determination Day&#8221;), with respect to any Term Benchmark Borrowing denominated in Dollars and for any tenor comparable to the applicable Interest Period, the rate per annum published by the CME Term SOFR Administrator and identified by the
        Administrative Agent as the forward-looking term rate based on SOFR.&#160; If by 5:00 p.m., New York City time, on such Term SOFR Determination Day, the &#8220;Term SOFR Reference Rate&#8221; for the applicable tenor has not been published by the CME Term SOFR
        Administrator and a Benchmark Replacement Date with respect to the Term SOFR Rate has not occurred, then, so long as such day is otherwise a U.S. Government Securities Business Day, the Term SOFR Reference Rate for such Term SOFR Determination Day
        will be the Term SOFR Reference Rate as published in respect of the first preceding U.S. Government Securities Business Day for which such Term SOFR Reference Rate was published by the CME Term SOFR Administrator, so long as such first preceding
        U.S. Government Securities Business Day is not more than five U.S. Government Securities Business Days prior to such Term SOFR Determination Day.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term Borrowings</u></font>&#8221; means the Tranche A Term Borrowings, the Incremental Term Loans and/or
        the Refinancing Term Loans, as the context requires.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">70</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term Commitments</u></font>&#8221; means, collectively, the Tranche A Term Commitments and any
        commitments to make Incremental Term Loans or Refinancing Term Loans.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term ESTR</u></font>&#8221; means, for the applicable Corresponding Tenor as of the applicable Reference
        Time, the forward-looking term rate based on ESTR that has been selected or recommended by the Relevant Governmental Body.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term ESTR Notice</u></font>&#8221; means a notification by the Administrative Agent to the Lenders and
        the Borrower of the occurrence of a Term ESTR Transition Event.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term ESTR Transition Event</u></font>&#8221; means the determination by the Administrative Agent that
        (a) Term ESTR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term ESTR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as
        applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term ESTR.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term Lenders</u></font>&#8221; means, collectively, the Tranche A Term Lenders and any Lenders with an
        outstanding Incremental Term Loan or Refinancing Term Loan or a Commitment to make an Incremental Term Loan or a Refinancing Term Loan.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Term Loans</u></font>&#8221; means, collectively, the Initial Term Loans, any Incremental Term Loans and
        any Refinancing Term Loans.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Third Amendment</u></font>&#8221; means the Third Amendment dated as of December 7, 2022, relating to
          this Agreement.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Third Amendment Effective Date</u></font>&#8221; means December 7, 2022, which date was the Third
          Amendment Effective Date under (and as defined in) the Third Amendment.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Total Adjusted Debt</u></font>&#8221; means, at any time, Consolidated Debt at such time <font style="font-family: 'Times New Roman';"><u>minus</u></font> Captive Finance Debt at such time.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Tranche A Term Borrowing</u></font>&#8221; means Tranche A Term Loans of the same Class and Type made,
        converted or continued on the same date and, in the case of Term Benchmark Loans, as to which a single Interest Period is in effect.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Tranche A Term Commitment</u></font>&#8221; means, with respect to each Lender, the commitment, if any,
        of such Lender to make a Tranche A Term Loan hereunder on the Closing Date, expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from
        time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.&#160; The initial amount of each Lender&#8217;s Tranche A Term Commitment is set forth on Schedule 2.01
        or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche A Term Commitment, as applicable.&#160; The initial aggregate amount of the Lenders&#8217; Tranche A Term Commitments is $400,000,000.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Tranche A Term Lender</u></font>&#8221; means a Lender with a Tranche A Term Commitment or an
        outstanding Tranche A Term Loan.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">71</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Tranche A Term Loan</u></font>&#8221; means a Loan made pursuant to clause (b) of Section 2.01.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Tranche A Term Maturity Date</u></font>&#8221; means the date that is five years after the First
          Amendment Effective Date, as the same may be extended pursuant to Section 2.22; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, if, on any date prior to the then-scheduled Tranche A Term Maturity Date that is
          ninety-one (91) days prior to the scheduled maturity date in respect of (x) any series of the Existing Senior Notes and/or (y) any Refinancing Indebtedness in respect of any series of Existing Senior Notes (any such date, a &#8220;<font style="font-family: 'Times New Roman';"><u>Tranche A Term Springing Maturity Date</u></font>&#8221; and any such maturing Existing Senior Notes or Refinancing Indebtedness, &#8220;<font style="font-family: 'Times New Roman';"><u>Reference Debt&#8221;</u></font>),




          Reference Debt is outstanding in an aggregate principal amount in excess of $150,000,000, the Tranche A Term Maturity Date shall instead be the Tranche A Springing Maturity Date; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font>, in each case, if such date is not a Business Day, the Tranche A Term Maturity Date shall be the immediately preceding Business Day; <font style="font-family: 'Times New Roman';"><u>provided</u></font>,
          <font style="font-family: 'Times New Roman';"><u>however</u></font>, that notwithstanding the foregoing, the Tranche A Term Maturity Date shall not be the Tranche A Term Springing Maturity Date if (i) on the Tranche A Term Springing Maturity
          Date, the Consolidated Secured Leverage Ratio, calculated on a Pro Forma Basis, does not exceed 2.00:1.00 or (ii) on the Tranche A Term Springing Maturity Date and at all times thereafter until the repayment in full of such Reference Debt,
          together with all amounts due and owing in respect thereof (the &#8220;<font style="font-family: 'Times New Roman';"><u>Tranche A Term Reference Debt Repayment Period</u></font>&#8221;), the aggregate amount of unrestricted cash and Permitted Investments of
          the Borrower and the Restricted Subsidiaries minus the aggregate principal amount of revolving loans then outstanding shall be no less than an amount equal to 150% of the amount necessary to fund the repayment, repurchase or redemption in full of
          all such maturing Reference Debt then outstanding, together with all accrued interest, premiums, fees and other amounts payable in respect thereof; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font> that if on any date during the Tranche A Term Reference Debt Repayment Period, the requirements of this clause (ii) fail to be satisfied, the Tranche A Term Maturity Date shall mean such date.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#8220;<font style="font-family: 'Times New Roman';"><u>Tranche B Term Maturity Date</u></font>&#8221; means January 7, 2025, as the same may be extended
          pursuant to Section 2.22; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, if, on any date prior to the then-scheduled Tranche B Term Maturity Date that is ninety-one (91) days prior to the scheduled maturity date in
          respect of (x) any series of the Existing Senior Notes and/or (y) any Refinancing Indebtedness in respect of any series of Existing Senior Notes (any such date, a &#8220;<font style="font-family: 'Times New Roman';"><u>Tranche B Term Springing Maturity
              Date</u></font>&#8221; and any such maturing Existing Senior Notes or Refinancing Indebtedness, &#8220;<font style="font-family: 'Times New Roman';"><u>Reference Debt</u></font>&#8221;), Reference Debt is outstanding in an aggregate principal amount in excess
          of $150,000,000, the Tranche B Term Maturity Date shall instead be the Tranche B Term Springing Maturity Date; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font>,
          in each case, if such date is not a Business Day, the Tranche B Term Maturity Date shall be the immediately preceding Business Day.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Transactions</u></font>&#8221; means, collectively, the execution, delivery and performance by each Loan
        Party of the Loan Documents (including this Agreement) to which it is to be a party, the borrowing of Loans and the use of the proceeds thereof and the issuance of Letters of Credit hereunder.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Type</u></font>&#8221;, when used in reference to any Loan or Borrowing, refers to whether the rate of
        interest on such Loan, or on the Loans comprising such Borrowing, is determined by reference to the Adjusted Term SOFR Rate or the EURIBO Rate (or more generally, whether such Loan or Borrowing is a Term Benchmark Loan or a Term Benchmark
        Borrowing), the Alternate Base Rate or the Adjusted Simple Daily RFR.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">72</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>UK Financial Institutions</u></font>&#8221; means any BRRD Undertaking (as such term is defined under
        the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom
        Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>UK Resolution Authority</u></font>&#8221; means the Bank of England or any other public administrative
        authority having responsibility for the resolution of any UK Financial Institution.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Unadjusted Benchmark Replacement</u></font>&#8221;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">&#160;</font>means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>U.S. Bankruptcy Case</u></font>&#8221; means a case under the Bankruptcy Code.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>U.S. Government Securities Business Day</u></font>&#8221; means any day except for (i) a Saturday, (ii)
        a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>U.S. IP Rights</u></font>&#8221; means IP Rights that are registered or applied for in the United
        States.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>U.S. Person</u></font>&#8221; means a &#8220;United States person&#8221; within the meaning of Section 7701(a)(30)
        of the Code.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>U.S. Special Resolution Regime</u></font>&#8221; has the meaning assigned to it in Section 9.21.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>U.S. Subsidiary</u></font>&#8221; means any Subsidiary organized under the laws of the United States of
        America, any State thereof or the District of Columbia.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>U.S. Tax Compliance Certificate</u></font>&#8221; has the meaning assigned to such term in Section
        2.17(f)(ii)(B)(3).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Unadjusted Benchmark Replacement</u></font>&#8221;<font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">&#160;</font>means the Benchmark Replacement excluding the Benchmark Replacement Adjustment; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, if the Unadjusted Benchmark Replacement as
        so determined would be less than zero, the Unadjusted Benchmark Replacement will be deemed to be zero for the purposes of this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Unamended Consolidated Adjusted Interest Coverage Ratio</u></font>&#8221; has the meaning assigned to
        such term in Section 6.12.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>&#8220;Unamended Consolidated Adjusted Total Leverage Ratio</u></font><font style="font-size: 10pt;">&#8221; has the meaning assigned to such term in Section 6.13.</font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Unaudited Financial Statements</u></font>&#8221; the unaudited condensed consolidated balance sheets of
        the Borrower as of June 30, 2019, and the related unaudited condensed consolidated statements of income, comprehensive income and cash flows for the six months ended on June 30, 2019.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Uniform Commercial Code</u></font>&#8221; or &#8220;<font style="font-family: 'Times New Roman';"><u>UCC</u></font>&#8221;
        means the Uniform Commercial Code as the same may from time to time be in effect in the State of New York.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">73</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>USA PATRIOT Act</u></font>&#8221; means the Uniting and Strengthening America by Providing Appropriate
        Tools Required to Intercept and Obstruct Terrorism Act of 2001.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>wholly owned Subsidiary</u></font>&#8221; means, with respect to any Person at any date, a subsidiary of
        such Person of which securities or other ownership interests representing 100% of the Equity Interests (other than directors&#8217; qualifying shares) are, as of such date, owned, controlled or held by such Person or one or more wholly owned Subsidiaries
        of such Person or by such Person and one or more wholly owned Subsidiaries of such Person.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Wind Down Costs</u></font>&#8221; means amounts paid by a Specified GEC Entity during a GEC Bankruptcy
        Case (i) pursuant to &#8220;first day&#8221; or other similar relief granted by a United States Bankruptcy Court authorizing such payments, (ii) in the ordinary course of business, (iii) on account of any right to payment constituting a cost or expense of
        administration incurred during a GEC Bankruptcy Case of a kind specified under section 503(b) of the Bankruptcy Code and entitled to priority under sections 507(a)(2), 507(b), or 1114(e)(2) of the Bankruptcy Code, including (y) the actual and
        necessary costs and expenses incurred during a GEC Bankruptcy Case and (z) claims for professional services rendered or costs incurred during a GEC Bankruptcy Case by any person retained by a Specified GEC Entity or official committee of unsecured
        creditors by order of a United States Bankruptcy Court pursuant to sections 327, 328, 329, 330, 331, 503(b), or 1103 of the Bankruptcy Code, (iv) any other claim entitled to priority of payment as specified in section 507(a) of the Bankruptcy Code,
        and (v) in connection with the assumption or assumption and assignment of an executory contract or unexpired lease as required under section 365(a) of the Bankruptcy Code.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Withdrawal Liability</u></font>&#8221; means liability to a Multiemployer Plan as a result of a complete
        or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Withholding Agent</u></font>&#8221; means any Loan Party, the Administrative Agent and, in the case of
        any U.S. federal withholding Tax, any other withholding agent, if applicable.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">&#8220;<font style="font-family: 'Times New Roman';"><u>Write-Down and Conversion Powers</u></font>&#8221; means (a) with respect to any EEA Resolution
        Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In
        Legislation Schedule, and (b) with respect to the United Kingdom,&#160; any powers of the applicable Resolution Authority&#160; under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution&#160; or any
        contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a
        right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 1.02.&#160; <font style="font-family: 'Times New Roman';"><u>Classification of Loans and Borrowings.</u></font>&#160; For purposes of this
          Agreement, Loans may be classified and referred to by Class (<font style="font-family: 'Times New Roman';"><u>e.g.</u></font>, a &#8220;Revolving Loan&#8221;) or by Type (<font style="font-family: 'Times New Roman';"><u>e.g.</u></font>, a &#8220;Term Benchmark
          Loan&#8221; or an &#8220;RFR Loan&#8221;) or by Class and Type (<font style="font-family: 'Times New Roman';"><u>e.g.</u></font>, a &#8220;Term Benchmark Revolving Loan&#8221; or an &#8220;RFR Revolving Loan&#8221;).&#160; Borrowings also may be classified and referred to by Class (<font style="font-family: 'Times New Roman';"><u>e.g.</u></font>, a &#8220;Revolving Borrowing&#8221;) or by Type (<font style="font-family: 'Times New Roman';"><u>e.g.</u></font>, a &#8220;Term Benchmark Borrowing&#8221; or an &#8220;RFR Borrowing&#8221;) or by Class and Type (<font style="font-family: 'Times New Roman';"><u>e.g.</u></font>, a &#8220;Term Benchmark Revolving Borrowing&#8221; or an &#8220;RFR Revolving Borrowing&#8221;).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">74</font></div>
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 1.03.&#160; <font style="font-family: 'Times New Roman';"><u>Terms Generally.</u></font>&#160; The definitions of terms herein shall apply equally
          to the singular and plural forms of the terms defined.&#160; Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms.&#160; The words &#8220;include&#8221;, &#8220;includes&#8221; and &#8220;including&#8221; shall be deemed to be
          followed by the phrase &#8220;without limitation&#8221;.&#160; The word &#8220;will&#8221; shall be construed to have the same meaning and effect as the word &#8220;shall&#8221;.&#160; Unless the context requires otherwise or except as expressly provided herein, (a) any definition of or
          reference to any agreement, instrument or other document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, amended and restated, supplemented or otherwise modified (subject to any
          restrictions on such amendments, supplements or modifications set forth in the Loan Documents), (b) any definition of or reference to any statute, rule or regulation shall be construed as referring thereto as from time to time amended,
          supplemented or otherwise modified (including by succession of comparable successor laws), unless otherwise expressly stated to the contrary, (c) any reference herein to any Person shall be construed to include such Person&#8217;s successors and
          assigns, (d) the words &#8220;herein&#8221;, &#8220;hereof&#8221; and &#8220;hereunder&#8221;, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (e) all references herein to Articles, Sections,
          Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement and (f) the words &#8220;asset&#8221; and &#8220;property&#8221; shall be construed to have the same meaning and effect and to refer to any and
          all tangible and intangible assets and properties, including cash, securities, accounts and contract rights.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 1.04.&#160; <font style="font-family: 'Times New Roman';"><u>Accounting Terms; GAAP; Borrower Representative.</u></font>&#160; (a)&#160; Except as
          otherwise expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (i) if the
          Borrower notifies the Administrative Agent that the Borrower requests an amendment to any provision (including any definition) hereof to eliminate the effect of any change occurring after the Closing Date in GAAP or in the application thereof on
          the operation of such provision (or if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such
          change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such
          provision amended in accordance herewith and (ii) notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein
          shall be made, without giving effect to any election under Statement of Financial Accounting Standards 159, The Fair Value Option for Financial Assets and Financial Liabilities, or any successor thereto (including pursuant to Accounting Standard
          Codifications), to value any Indebtedness of the Borrower or any Subsidiary at &#8220;fair value&#8221;, as defined therein.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; The Borrower is hereby authorized to act as an agent and representative of the other Loan Parties party hereto in providing and receiving
          notices, consents, certificates, other writing or statements on behalf of the other Loan Parties for purposes hereof (including for purposes of Article II).&#160; Unless otherwise provided therein, the Administrative Agent may assume any notice,
          consent, certificate, other writing or statement received from the Borrower is made on behalf of the other Loan Parties, and shall be entitled to rely on, and shall incur no liability by acting upon, any such notice, consent, certificate, other
          writing or statement accordingly.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 1.05.&#160; <font style="font-family: 'Times New Roman';"><u>Pro Forma Calculations.</u></font>&#160; All relevant calculations for purposes of
          determining compliance with the financial covenants contained in Sections 6.12 and 6.13 (or pro forma compliance with the same for purposes of the requirements of any other relevant provision) or otherwise for purposes of determining the
          Consolidated Total Leverage Ratio, the Consolidated Interest Expense, the Consolidated Secured Leverage Ratio, the First Lien Leverage Ratio, the Consolidated Interest Coverage Ratio, Consolidated EBITDA or Adjusted Consolidated EBITDA for any
          purpose under this Agreement shall be made on a Pro Forma Basis.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">75</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 1.06.&#160; <font style="font-family: 'Times New Roman';"><u>Limited Condition Transaction.</u></font>&#160; (a) Notwithstanding anything in this
          Agreement or any Loan Document to the contrary, when calculating any applicable financial ratio or test or determining other compliance with this Agreement (including the determination of compliance with any provision of this Agreement which
          requires that no Default or Event of Default has occurred, is continuing or would result therefrom) in connection with the consummation of a Limited Condition Transaction, the date of determination of such ratio and determination of whether any
          Default or Event of Default has occurred, is continuing or would result therefrom or other applicable covenant shall, at the option of the Borrower (the Borrower&#8217;s election to exercise such option in connection with any Limited Condition
          Transaction, an &#8220;<font style="font-family: 'Times New Roman';"><u>LCT Election</u></font>&#8221;), be deemed to be (i) in the case of a Limited Condition Transaction described in clause (i) of the definition thereof, the date the definitive agreements
          for such Limited Condition Transaction are entered into and (ii) in the case of a Limited Condition Transaction described in clause (ii) of the definition thereof, the date of giving of the irrevocable notice of redemption therefor (the &#8220;<font style="font-family: 'Times New Roman';"><u>LCT Test Date</u></font>&#8221;) and if, after such financial ratios and tests and other provisions are measured on a Pro Forma Basis after giving effect to such Limited Condition Transaction and the other
          transactions to be entered into in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) as if they occurred at the beginning of the applicable period being used to calculate such financial ratio ending
          prior to the LCT Test Date, the Borrower could have taken such action on the relevant LCT Test Date in compliance with such ratios and provisions, such provisions shall be deemed to have been complied with; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that at the option of the Borrower, the relevant ratios and baskets may be recalculated at the time of consummation of such Limited Condition Transaction.&#160; For the avoidance of doubt, (x) if any of such financial
          ratios or tests are exceeded (or, with respect to the Consolidated Interest Coverage Ratio or the Consolidated Adjusted Interest Coverage Ratio, not reached) as a result of fluctuations in such ratio or test (including due to fluctuations in
          Consolidated EBITDA or otherwise) at or prior to the consummation of the relevant Limited Condition Transaction, such financial ratios and tests and other provisions will not be deemed to have been exceeded (or, with respect to the Consolidated
          Interest Coverage Ratio or the Consolidated Adjusted Interest Coverage Ratio, not reached) as a result of such fluctuations solely for purposes of determining whether the Limited Condition Transaction is permitted hereunder and (y) such financial
          ratios and tests and other provisions shall not be tested at the time of consummation of such Limited Condition Transaction or related transaction.&#160; For the avoidance of doubt, if the Borrower has made an LCT Election for any Limited Condition
          Transaction, then in connection with any subsequent calculation of any financial ratio or test (excluding, for the avoidance of doubt, any ratio contained in Sections 6.12 or 6.13) or basket availability with respect to any Limited Condition
          Transaction on or following the relevant LCT Test Date and prior to the earlier of the date on which such Limited Condition Transaction is consummated or, in the case of a Limited Condition Transaction described in clause (i) thereof, the date
          that the definitive agreement for such Limited Condition Transaction is terminated or expires without consummation of such Limited Condition Transaction, for purposes of determining whether such subsequent transaction is permitted under this
          Agreement or any Loan Document, any such ratio, test or basket shall be required to comply with any such ratio, test or basket on a Pro Forma Basis assuming such Limited Condition Transaction and the other transactions in connection therewith
          (including any incurrence of Indebtedness and the use of proceeds thereof) have been consummated until such time as the applicable Limited Condition Transaction has actually closed or the definitive agreement with respect thereto has been
          terminated or expires.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">76</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Notwithstanding anything to the contrary herein, with respect to any Indebtedness or Liens incurred in reliance on a provision of this
          Agreement that does not require compliance with a financial ratio or test (including, without limitation, any tests based on the Consolidated Total Leverage Ratio, Consolidated Interest Expense, Adjusted Consolidated Interest Expense, the First
          Lien Leverage Ratio, the Consolidated Secured Leverage Ratio, the Consolidated Interest Coverage Ratio, Consolidated EBITDA or Adjusted Consolidated EBITDA) (any such amounts, the &#8220;<font style="font-family: 'Times New Roman';"><u>Fixed Amounts</u></font>&#8221;)




          substantially concurrently with any Indebtedness or Liens incurred in reliance on a provision of this Agreement that requires compliance with a financial ratio or test (including any tests based on the Consolidated Total Leverage Ratio,
          Consolidated Interest Expense, Adjusted Consolidated Interest Expense, the First Lien Leverage Ratio, the Consolidated Secured Leverage Ratio, the Consolidated Interest Coverage Ratio, Consolidated EBITDA or Adjusted Consolidated EBITDA) (any
          such amounts, the &#8220;<font style="font-family: 'Times New Roman';"><u>Incurrence-Based Amounts</u></font>&#8221;), it is understood and agreed that the Fixed Amounts shall be disregarded in the calculation of the financial ratio or test applicable to the
          incurrence of the Incurrence-Based Amounts.</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 1.07.&#160; <font style="font-family: 'Times New Roman';"><u>Divisions</u><u>.</u></font> For all purposes under this Agreement, in connection
          with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction&#8217;s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a
          different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first
          date of its existence by the holders of its Equity Interests at such time.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 1.08.&#160; <font style="font-family: 'Times New Roman';"><u>Interest Rates; Benchmark Notification.</u></font>&#160; The interest rate on a Loan
          denominated in Dollars or a Permitted Foreign Currency may be derived from an interest rate benchmark that is, or may in the future become, the subject of regulatory reform.&#160; <font style="font-family: 'Times New Roman';">Upon the occurrence of a
            Benchmark Transition Event or a Term ESTR Transition Event, </font>Section 2.14(b) and (c) provide the mechanism for determining an alternative rate of interest.&#160; The Administrative Agent does not warrant or accept any responsibility for, and
          shall not have any liability with respect to, the administration, submission or any other matter related to any interest rate used in this Agreement, or with respect to any alternative or successor rate thereto, or replacement rate thereof <font style="font-family: 'Times New Roman';">(including, without limitation, (i) any such alternative, successor or replacement rate implemented pursuant to Section 2.14(b) or (c)</font>, and (ii) the implementation of any Benchmark Replacement
          Conforming Changes pursuant to Section 2.14(d)<font style="font-family: 'Times New Roman';">)</font>, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate will
          be similar to, or produce the same value or economic equivalence of, the existing interest rate being replaced or have the same volume or liquidity as did any existing interest rate prior to its discontinuance or unavailability. The
          Administrative Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any interest rate used in this Agreement or any alternative, successor or alternative rate (including any Benchmark
          Replacement) and/or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain any interest rate used in this
          Agreement, any component thereof, or rates referenced in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind,
          including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component
          thereof) provided by any such information source or service.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">77</font></div>
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 1.09.&#160; <font style="font-family: 'Times New Roman';"><u>Permitted Foreign Currency Calculations.</u></font>&#160; (a) For purposes of
          determining the Dollar Equivalent of any Loan or Letter of Credit denominated in a Permitted Foreign Currency or any related amount, the Administrative Agent shall determine the Exchange Rate as of each applicable Exchange Rate Date with respect
          to each Permitted Foreign Currency in which any requested or outstanding Loan or Letter of Credit is denominated and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Loan to be made or repaid or
          Letter of Credit issued on or prior to the applicable date for such calculation), and each such amount shall be the Dollar Equivalent of such Loan or Letter of Credit until the next required calculation thereof pursuant to this paragraph; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Administrative Agent shall in addition determine the Dollar Equivalent of any Letter of Credit denominated in any Permitted Foreign Currency as provided in Section 2.05(e).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; For purposes of any determination under Section 6.01, 6.02, 6.04 or 6.05 or under Article VII, all amounts incurred, outstanding or proposed
          to be incurred or outstanding in currencies other than Dollars shall be translated into the Dollar Equivalent at the currency exchange rates in effect on the date of such determination (with such currency exchange rates being determined by the
          Borrower in good faith); provided that no Default shall arise as a result of any limitation set forth in Section 6.01, 6.02, 6.04 or 6.05 being exceeded solely as a result of changes in currency exchange rates from the currency exchange rates
          applicable at the time or times the applicable transaction was initially consummated in reliance on the applicable exception to the limitation set forth in such Section.</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 1.10.&#160; <font style="font-family: 'Times New Roman';"><u>Release of Specified GEC Entities.</u></font>&#160; Notwithstanding anything to the
          contrary in this Agreement (but subject to Section 5.12(a)) or in any other Loan Document, it is acknowledged and agreed that, on the Seventh Amendment Effective Date, each Specified GEC Entity has been released from all of its obligations under
          this Agreement and the other Loan Documents (including, without limitation, all of its obligations under the Guarantee Agreement), and all security interests created by the Security Documents in Collateral owned by each Specified GEC Entity
          immediately prior to the Seventh Amendment Effective Date have been released.</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">ARTICLE II</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>The Credits</u></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.01.&#160; <font style="font-family: 'Times New Roman';"><u>Commitments.</u></font>&#160; Subject to the terms and conditions set forth herein,
          (a) each Tranche A Term Lender agrees to make a Tranche A Term Loan denominated in Dollars to the Borrower on the Closing Date in a principal amount not exceeding its Tranche A Term Commitment and (b) each Revolving Lender agrees to make
          Revolving Loans denominated in Dollars or a Permitted Foreign Currency to the Borrower from time to time, in each case during the Revolving Availability Period, in an aggregate principal amount that will not result in such Revolving Lender&#8217;s
          Revolving Exposure exceeding such Lender&#8217;s Revolving Commitment or the Aggregate Revolving Exposure exceeding the Aggregate Revolving Commitment.&#160; Tranche A Term Loans may be ABR Loans or Term Benchmark Loans, as further provided herein.&#160; Within
          the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.&#160; Amounts repaid or prepaid in respect of Term Loans may not be reborrowed.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.02.&#160; <font style="font-family: 'Times New Roman';"><u>Loans and Borrowings.</u></font>&#160; (a)&#160; Each Loan shall be made as part of a
          Borrowing consisting of Loans of the same Class and Type made by the Lenders ratably in accordance with their respective Commitments of the applicable Class.&#160; The failure of any Lender to make any Loan required to be made by it shall not relieve
          any other Lender of its obligations hereunder; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender&#8217;s failure to make Loans
          as required.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">78</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Subject to Section 2.16, each Borrowing shall be comprised entirely of (i) in the case of Borrowings in Dollars, ABR Loans or Term Benchmark
        Loans and (ii) in the case of Borrowings in any Permitted Foreign Currency, Term Benchmark Loans or RFR Loans, as applicable, in each case of the same Permitted Foreign Currency, in each case as the Borrower may request in accordance herewith.&#160;
        Each Lender at its option may make any Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that any exercise of such option shall not
        affect the obligation of the Borrower to repay such Loan advanced to it in accordance with the terms of this Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; At the commencement of each Interest Period for any Term Benchmark Borrowing, such Borrowing shall be in an aggregate amount that is an
        integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that a Term Benchmark Borrowing that results from a continuation of an outstanding Term
        Benchmark Borrowing may be in an aggregate amount that is equal to such outstanding Borrowing.&#160; At the time that each ABR Revolving Borrowing and/or RFR Revolving Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral
        multiple of the Borrowing Multiple and not less than the Borrowing Minimum.&#160; Borrowings of more than one Type and Class may be outstanding at the same time; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that there shall not
        be more than a total of ten Term Benchmark Borrowings at any time outstanding unless the Administrative Agent otherwise agrees.&#160; Notwithstanding anything to the contrary herein, an ABR Revolving Borrowing may be in an aggregate amount that is equal
        to the entire unfunded balance of the Aggregate Revolving Commitment or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.05(e).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.03.&#160; <font style="font-family: 'Times New Roman';"><u>Requests for Borrowings.</u></font>&#160; To request a Borrowing, the Borrower shall
          notify the Administrative Agent of such request by submitting a Borrowing Request (a) in the case of a Term Benchmark Borrowing denominated in Dollars, not later than 11:00 a.m., Local Time, three U.S. Government Securities Business Days before
          the date of the proposed Borrowing, (b) in the case of a Term Benchmark Borrowing denominated in Euro, not later than 11:00 a.m., Local time, three Business Days before the date of the proposed Borrowing, (c) in the case of an RFR Borrowing
          denominated in Sterling, not later than 11:00 a.m., New York City time, five RFR Business Days before the date of the proposed Borrowing, and (d) in the case of an ABR Borrowing, not later than 1:00 p.m., New York City time, on the date of the
          proposed Borrowing.<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;</sup>Each such Borrowing Request shall be irrevocable (<font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Borrowing Request in connection with any acquisition or other investment permitted
          under Section 6.04 may be conditioned on the closing of such acquisition or other investment, as applicable) and shall be confirmed promptly by hand delivery or facsimile to the Administrative Agent of a written Borrowing Request signed by a
          Financial Officer of the Borrower.&#160; Each such Borrowing Request shall specify the following information (to the extent applicable, in compliance with Sections 2.01 and 2.02):</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(i)&#160; </font><font style="font-size: 10pt;">specifying the Class of the requested Borrowing;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)&#160; </font><font style="font-size: 10pt;">the currency and the aggregate amount of such Borrowing;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iii)&#160; </font><font style="font-size: 10pt;">the requested date of such Borrowing, which shall be a Business Day;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">79</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iv)&#160; </font><font style="font-size: 10pt;">whether such Borrowing is to be an ABR Borrowing, a Term Benchmark Borrowing or an RFR Borrowing;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(v)&#160; </font><font style="font-size: 10pt;">in the case of a Term Benchmark Borrowing, the initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition of the term &#8220;Interest Period&#8221;;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(vi)&#160; </font><font style="font-size: 10pt;">the location and number of the Borrower&#8217;s account to which funds are to be disbursed, which shall comply with the requirements of Section 2.06(a), or, if the Borrowing is being requested to finance the reimbursement of an LC Disbursement
            in accordance with Section 2.05(e), the identity of the Issuing Bank that made such LC Disbursement; and</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(vii)&#160; </font><font style="font-size: 10pt;">that as of such date Sections 4.02(a) and 4.02(b) are satisfied.</font></div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">If no election as to the Type of Borrowing is specified, then, if the specified currency of such Borrowing is Dollars, the requested Borrowing shall be an ABR
        Borrowing.&#160; If no Interest Period is specified with respect to any requested Term Benchmark Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month&#8217;s duration.&#160; If no currency is specified with respect to any
        requested Revolving Loan, the Borrower shall be deemed to have selected Dollars. Promptly following receipt of a Borrowing Request in accordance with this Section, the Administrative Agent shall advise each Lender of the applicable Class of the
        details thereof and of the amount of such Lender&#8217;s Loan to be made as part of the requested Borrowing.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.04.&#160; <font style="font-family: 'Times New Roman';"><u>[Reserved].</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.05.&#160; <font style="font-family: 'Times New Roman';"><u>Letters of Credit.</u></font>&#160; (a)&#160; <font style="font-family: 'Times New Roman';"><u>General.</u></font>&#160; Subject to the terms and conditions set forth herein, the Borrower may request (and each Issuing Bank shall issue) Letters of Credit for the Borrower&#8217;s own account (or for the account of any Restricted
          Subsidiary so long as <font style="font-family: 'Times New Roman';">such Issuing Bank has completed its customary &#8220;know your client&#8221; procedures with respect to such Subsidiary</font>), in each case, denominated in Dollars or any Permitted
          Foreign Currency and in a form reasonably acceptable to the Administrative Agent and the applicable Issuing Bank, at any time and from time to time during the Revolving Availability Period.&#160; The Borrower unconditionally and irrevocably agrees
          that, in connection with any Letter of Credit issued for the account of any Subsidiary as provided above, the Borrower will be fully responsible for the reimbursement of LC Disbursements, the payment of interest thereon and the payment of fees
          due under Section 2.12(b)&#160; in respect thereof to the same extent as if it were the sole account party in respect of such Letter of Credit. Notwithstanding anything contained in any letter of credit application or other agreement (other than this
          Agreement or any Security Document) submitted by the Borrower to, or entered into by the Borrower with, any Issuing Bank relating to any Letter of Credit, (i) all provisions of such letter of credit application or other agreement purporting to
          grant Liens in favor of such Issuing Bank to secure obligations in respect of such Letter of Credit shall be disregarded, it being agreed that such obligations shall be secured to the extent provided in this Agreement and in the Security
          Documents, and (ii) in the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of such letter of credit application or such other agreement, as applicable, the terms and conditions of this
          Agreement shall control. On the Closing Date (or on the date specified in the relevant notice to the Administrative Agent), each Existing Letter of Credit shall, without any further action by any Person, be deemed to have been issued as a Letter
          of Credit hereunder (without any breakage or transfer charges in connection therewith) and shall for all purposes hereof (including paragraphs (d) and (e) of this Section) be treated as and constitute a Letter of Credit.&#160; On the Fifth Amendment
          Effective Date, the Specified Citi Letter of Credit shall, without any further action by any Person, be deemed to have been issued as a Letter of Credit hereunder (without any breakage or transfer charges in connection therewith) and shall for
          all purposes hereof (including paragraphs (d) and (e) of this Section) be treated as and constitute a Letter of Credit.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">80</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; <font style="font-family: 'Times New Roman';"><u>Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions.</u></font>&#160; To request
        the issuance of a Letter of Credit or the amendment, renewal or extension of an outstanding Letter of Credit (other than any automatic renewal permitted pursuant to paragraph (c) of this Section), the Borrower shall hand deliver or fax (or transmit
        by electronic communication, if arrangements for doing so have been approved by such Issuing Bank) to the applicable Issuing Bank and the Administrative Agent (reasonably in advance of the requested date of issuance, amendment, renewal or
        extension) a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and specifying the requested date of issuance, amendment, renewal or extension (which shall be a Business
        Day), the date on which such Letter of Credit is to expire (which shall comply with paragraph (c) of this Section), the currency and amount of such Letter of Credit, the name and address of the beneficiary thereof and such other information as
        shall be requested by the applicable Issuing Bank as necessary to enable such Issuing Bank to prepare, amend, renew or extend such Letter of Credit.&#160; If requested by the applicable Issuing Bank, the Borrower also shall submit a letter of credit
        application on such Issuing Bank&#8217;s standard form in connection with any request for a Letter of Credit.&#160; An Issuing Bank shall not be obligated to issue any trade Letter of Credit (unless it otherwise consents) and no Letter of Credit shall be
        issued, amended, renewed or extended unless (and upon issuance, amendment, renewal or extension of any Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or
        extension, (i) the sum of the LC Exposure shall not exceed the LC Sublimit, (ii) the Aggregate Revolving Exposure shall not exceed the Aggregate Revolving Commitment, (iii) the face amount of the Letters of Credit issued by the applicable Issuing
        Bank shall not exceed the LC Commitment of such Issuing Bank (unless it otherwise agrees) and (iv) following the effectiveness of any Maturity Date Extension Request with respect to the Revolving Commitments of any Class, the LC Exposure in respect
        of all Letters of Credit of such Class having an expiration date after the fifth Business Day prior to the applicable Existing Maturity Date shall not exceed the aggregate Revolving Commitments of such Class of the Consenting Lenders extended
        pursuant to Section 2.22.&#160; Each Issuing Bank agrees that it shall not permit any issuance, amendment, renewal or extension of a Letter of Credit to occur unless it shall give to the Administrative Agent written notice thereof as required under
        paragraph (l) of this Section. Notwithstanding anything herein to the contrary, an Issuing Bank shall have no obligation hereunder to issue any Letter of Credit if (x) any law applicable to such Issuing Bank from any Governmental Authority with
        jurisdiction over such Issuing Bank shall prohibit the issuance of letters of credit generally or the Letter of Credit in particular or (y) such issuance shall violate such Issuing Bank&#8217;s internal policies that are applicable to letters of credit
        generally.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">81</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; <font style="font-family: 'Times New Roman';"><u>Expiration Date.</u></font>&#160; Each Letter of Credit shall expire at or prior to the close of
        business on the earlier of (i) the date that is one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business
        Days prior to the Revolving Maturity Date (unless such Letters of Credit have been cash collateralized or backstopped on or prior to such fifth Business Day pursuant to arrangements reasonably satisfactory to the applicable Issuing Bank); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (x) any Letter of Credit may, upon the request of the Borrower, include a provision whereby such Letter of Credit shall be renewed automatically for additional periods (but not
        beyond the date that is five Business Days prior to the Revolving Maturity Date (unless such Letters of Credit have been cash collateralized or backstopped on or prior to such fifth Business Day pursuant to arrangements reasonably satisfactory to
        the applicable Issuing Bank)) unless the applicable Issuing Bank notifies the beneficiary thereof at least 30 days prior to the then-applicable expiration date that such Letter of Credit will not be renewed and (y) clause (c)(i) above shall not
        apply to a Letter of Credit if such long-dated Letter of Credit is consented to by the applicable Issuing Bank. For the avoidance of doubt, if the Revolving Maturity Date in respect of any Class of Revolving Commitments shall be extended pursuant
        to Section 2.22, &#8220;Revolving Maturity Date&#8221; as referenced in this paragraph shall refer, with respect to the Class of Letters of Credit associated with such Class of Revolving Commitments, to the Revolving Maturity Date in respect of any Class of
        Revolving Commitments as extended pursuant to Section 2.22; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, notwithstanding anything in this Agreement (including Section 2.22 hereof) or any other Loan Document to the
        contrary, the Revolving Maturity Date, as such term is used in reference to any Issuing Bank or any Letter of Credit issued thereby, may not be extended with respect to any Issuing Bank without the prior written consent of such Issuing Bank.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; <font style="font-family: 'Times New Roman';"><u>Participations.</u></font>&#160;&#160; By the issuance of a Letter of Credit (or an amendment to a
        Letter of Credit increasing the amount thereof) and without any further action on the part of the applicable Issuing Bank or the Lenders, the Issuing Bank that is the issuer of such Letter of Credit hereby grants to each Revolving Lender, and each
        Revolving Lender hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to such Revolving Lender&#8217;s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit.&#160; In consideration
        and in furtherance of the foregoing, each Revolving Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent, for the account of the applicable Issuing Bank, such Revolving Lender&#8217;s Applicable Percentage of each LC
        Disbursement made by such Issuing Bank and not reimbursed by the Borrower on the date due as provided in paragraph (e) of this Section, or of any reimbursement payment required to be refunded to the Borrower for any reason.&#160; Such payment by the
        Revolving Lenders shall be made (i) if the currency of the applicable LC Disbursement or reimbursement payment shall be in Dollars, then in Dollars and (ii) if the currency of the applicable LC Disbursement or reimbursement shall be a Permitted
        Foreign Currency, then in Dollars in an amount equal to the Dollar Equivalent of such LC Disbursement or reimbursement payment, calculated by the Administrative Agent using the Exchange Rate on the applicable LC Participation Calculation Date. Each
        Revolving Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any
        amendment, renewal or extension of any Letter of Credit or the occurrence and continuance of a Default or any reduction or termination of the Revolving Commitments, and that each such payment shall be made without any offset, abatement, withholding
        or reduction whatsoever.&#160; Each Revolving Lender further acknowledges and agrees that, in issuing, amending, renewing or extending any Letter of Credit, the applicable Issuing Bank shall be entitled to rely, and shall not incur any liability for
        relying, upon the representation and warranty of the Borrower deemed made pursuant to Section 4.02 unless, at least one Business Day prior to the time such Letter of Credit is issued, amended, renewed or extended (or, in the case of an automatic
        renewal permitted pursuant to paragraph (c) of this Section, at least one Business Day prior to the time by which the election not to extend must be made by the applicable Issuing Bank), the Majority in Interest of the Revolving Lenders shall have
        notified the applicable Issuing Bank (with a copy to the Administrative Agent) in writing that, as a result of one or more events or circumstances described in such notice, one or more of the conditions precedent set forth in Section 4.02(a) or
        4.02(b) would not be satisfied if such Letter of Credit were then issued, amended, renewed or extended (it being understood and agreed that, in the event any Issuing Bank shall have received any such notice, no Issuing Bank shall have any
        obligation to issue, amend, renew or extend any Letter of Credit until and unless it shall be satisfied that the events and circumstances described in such notice shall have been cured or otherwise shall have ceased to exist).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">82</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; <font style="font-family: 'Times New Roman';"><u>Reimbursement.</u></font>&#160; If an Issuing Bank shall make any LC Disbursement in respect of a
        Letter of Credit, then the Borrower shall reimburse such LC Disbursement by paying to the Administrative Agent an amount in the currency of such LC Disbursement equal to such LC Disbursement not later than 12:00 noon, Local Time, on the Business
        Day immediately following the day that the Borrower receives such notice; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, in the case of an LC Disbursement denominated in Dollars in an amount equal to or in excess of
        $500,000, the Borrower may, subject to the conditions to borrowing set forth herein, request in accordance with Section 2.03 that such payment be financed with an ABR Revolving Borrowing in an equivalent amount and, to the extent so financed, the
        Borrower&#8217;s obligation to make such payment shall be discharged and replaced by the resulting ABR Revolving Borrowing.&#160; If the Borrower fails to reimburse any LC Disbursement by the time specified above in this paragraph, the applicable Issuing Bank
        shall promptly notify the Administrative Agent, and the Administrative Agent shall notify each Revolving Lender of the applicable LC Disbursement, the currency and amount of the payment then due from the Borrower in respect thereof and such
        Revolving Lender&#8217;s Applicable Percentage thereof.&#160; Promptly following receipt of such notice, each applicable Revolving Lender shall pay to the Administrative Agent its Applicable Percentage of the amount then due from the Borrower in Dollars (in
        the case of any such amount denominated in a Permitted Foreign Currency, in an amount equal to the Dollar Equivalent thereof calculated by the Administrative Agent as set forth in paragraph (d) above), in the same manner as provided in Section 2.06
        with respect to Loans made by such Lender (and Section 2.06 shall apply, <font style="font-family: 'Times New Roman';"><u>mutatis</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>mutandis</u></font>, to the payment obligations of the
        Revolving Lenders under this paragraph), and the Administrative Agent shall promptly remit to the applicable Issuing Bank the amounts so received by it from the applicable Revolving Lenders.&#160; Promptly following receipt by the Administrative Agent
        of any payment from the Borrower pursuant to this paragraph, the Administrative Agent shall distribute such payment to the applicable Issuing Bank or, to the extent that Revolving Lenders have made payments pursuant to this paragraph to reimburse
        such Issuing Bank, then to such Revolving Lenders and such Issuing Bank as their interests may appear.&#160; Any payment made by a Revolving Lender pursuant to this paragraph to reimburse an Issuing Bank for any LC Disbursement (other than the funding
        of an ABR Revolving Borrowing as contemplated above) shall not constitute a Loan and shall not relieve the Borrower of its obligation to reimburse such LC Disbursement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; <font style="font-family: 'Times New Roman';"><u>Obligations Absolute.</u></font>&#160; The Borrower&#8217;s obligation to reimburse LC Disbursements as
        provided in paragraph (e) of this Section shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under any and all circumstances whatsoever and irrespective of (i) any lack
        of validity or enforceability of any Letter of Credit or this Agreement, or any term or provision thereof or hereof, (ii) any draft or other document presented under a Letter of Credit proving to be forged, fraudulent or invalid in any respect or
        any statement therein being untrue or inaccurate in any respect, (iii) payment by an Issuing Bank under a Letter of Credit against presentation of a draft or other document that does not comply with the terms of such Letter of Credit or (iv) any
        other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section, constitute a legal or equitable discharge of, or provide a right of setoff against, the Borrower&#8217;s
        obligations hereunder.&#160; None of the Administrative Agent, the Lenders, the Issuing Banks or any of their Related Parties shall have any liability or responsibility by reason of or in connection with the issuance or transfer of any Letter of Credit,
        any payment or failure to make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence), any error, omission, interruption, loss or delay in transmission or delivery of any draft, notice or other
        communication under or relating to any Letter of Credit (including any document required to make a drawing thereunder), any error in interpretation of technical terms or any consequence arising from causes beyond the control of the applicable
        Issuing Bank; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the foregoing shall not be construed to excuse any Issuing Bank from liability to the Borrower to the extent of any direct damages (as opposed to special,
        indirect, consequential or punitive damages, claims in respect of which are hereby waived by the Borrower to the extent permitted by applicable law) suffered by the Borrower that are caused by such Issuing Bank&#8217;s failure to exercise care when
        determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof.&#160; The parties hereto expressly agree that, in the absence of gross negligence or willful misconduct on the part of an Issuing Bank (as
        finally determined by a court of competent jurisdiction in a final and nonappealable judgment), such Issuing Bank shall be deemed to have exercised care in each such determination.&#160; In furtherance of the foregoing and without limiting the
        generality thereof, the parties agree that, with respect to documents presented that appear on their face to be in substantial compliance with the terms of a Letter of Credit, an Issuing Bank may, in its sole discretion, either accept and make
        payment upon such documents without responsibility for further investigation, regardless of any notice or information to the contrary, or refuse to accept and make payment upon such documents if such documents are not in strict compliance with the
        terms of such Letter of Credit, and any such acceptance or refusal shall be deemed not to constitute gross negligence or willful misconduct.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">83</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g)&#160; <font style="font-family: 'Times New Roman';"><u>Disbursement Procedures.</u></font>&#160; Each Issuing Bank shall, promptly following its receipt
        thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit.&#160; Each Issuing Bank shall promptly notify the Administrative Agent and the Borrower in writing (via hand delivery, facsimile or other electronic
        imaging) of such demand for payment and whether such Issuing Bank has made or will make an LC Disbursement thereunder; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that any failure to give or delay in giving such notice
        shall not relieve the Borrower of its obligation to reimburse such Issuing Bank and the applicable Revolving Lenders with respect to any such LC Disbursement in accordance with paragraph (e) of this Section.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(h)&#160; <font style="font-family: 'Times New Roman';"><u>Interim Interest.</u></font>&#160; If an Issuing Bank shall make any LC Disbursement, then, unless
        the Borrower shall reimburse such LC Disbursement in full on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that
        the Borrower reimburses such LC Disbursement in full, at (i) in the case of any LC Disbursement denominated in Dollars, and at all times following the conversion to Dollars of the reimbursement obligation with respect to any LC Disbursement made in
        Euro or Sterling pursuant to paragraph (e) of this Section, at the rate per annum then applicable to ABR Revolving Loans and (ii) in the case of an LC Disbursement denominated in any other Permitted Foreign Currency, at all times prior to the
        conversion of the reimbursement obligation with respect thereto to Dollars pursuant to paragraph (e) of this Section, at a rate per annum determined by the applicable Issuing Bank (which determination will be conclusive absent manifest error) to
        represent its cost of funds <font style="font-family: 'Times New Roman';"><u>plus</u></font> the Applicable Rate used to determine interest applicable to Term Benchmark Revolving Loans; <font style="font-family: 'Times New Roman';"><u>provided</u></font>
        that, if the Borrower fails to reimburse such LC Disbursement in full when due pursuant to paragraph (e) of this Section, then Section 2.13(c) shall apply.&#160; Interest accrued pursuant to this paragraph shall be paid to the Administrative Agent, for
        the account of the applicable Issuing Bank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section to reimburse such Issuing Bank shall be for the account of such Lender to
        the extent of such payment, and shall be payable on demand or, if no demand has been made, on the date on which the Borrower reimburses the applicable LC Disbursement in full.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">84</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(i)&#160; <font style="font-family: 'Times New Roman';"><u>Cash Collateralization.</u></font>&#160; If any Event of Default shall occur and be continuing, on
        the Business Day on which the Borrower receives notice from the Administrative Agent or the Required Lenders (or, if the maturity of the Loans has been accelerated, a Majority in Interest of the Revolving Lenders) demanding the deposit of cash
        collateral pursuant to this paragraph, the Borrower shall deposit in an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Revolving Lenders, an amount in cash (in the currency of each
        applicable Letter of Credit) equal to the LC Exposure of the Revolving Lenders with respect to the Letters of Credit issued on behalf of the Borrower as of such date plus any accrued and unpaid interest thereon; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the obligation to deposit such cash collateral shall become effective immediately, and such deposit shall become immediately due and payable, without demand or other notice of any kind, upon the occurrence
        of any Event of Default with respect to the Borrower described in clause (h) or (i) of Section 7.01.&#160; The Borrower also shall deposit cash collateral in accordance with this paragraph as and to the extent required by Section 2.11(b), 2.20(c) or
        2.22(c).&#160; On or prior to the Seventh Amendment Effective Date, the Borrower shall deposit cash collateral in respect of each Specified GEC Letter of Credit in an amount equal to 105% of the face amount of such Specified GEC Letter of Credit; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the obligation to deposit such cash collateral in respect of each Specified GEC Letter of Credit shall become effective immediately, and such deposit shall become immediately due
        and payable, without demand or other notice of any kind, upon the occurrence of the Seventh Amendment Effective Date.&#160; Each such deposit shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of
        the Borrower under this Agreement.&#160; The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such account.&#160; Other than any interest earned on the investment of such deposits, which
        investments shall be made at the option and sole discretion of the Administrative Agent and at the Borrower&#8217;s risk and expense, such deposits shall not bear interest.&#160; Interest or profits, if any, on such investments shall accumulate in such
        account.&#160; Notwithstanding the terms of any Security Document, moneys in such account shall be applied by the Administrative Agent to reimburse the Issuing Banks for LC Disbursements for which they have not been reimbursed and, to the extent not so
        applied, shall be held for the satisfaction of the reimbursement obligations of the Borrower for the LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to (i) the consent of a Majority in Interest of the
        Revolving Lenders (treating the Classes of Revolving Commitments and Revolving Loans as one Class) and (ii) in the case of any such application at a time when any Revolving Lender is a Defaulting Lender (but only if, after giving effect thereto,
        the remaining cash collateral shall be less than the aggregate LC Exposure of all the Defaulting Lenders), the consent of each Issuing Bank), be applied to satisfy other obligations of the Borrower under this Agreement.&#160; If the Borrower is required
        to provide an amount of cash collateral hereunder as a result of the occurrence of an Event of Default, such amount (to the extent not applied as aforesaid) shall be returned to the Borrower within three Business Days after all Events of Default
        have been cured or waived.&#160; If the Borrower is required to provide an amount of cash collateral hereunder pursuant to Section 2.11(b), such amount (to the extent not applied as aforesaid) shall be returned to the Borrower to the extent that, after
        giving effect to such return, the Aggregate Revolving Exposure in respect of the Revolving Commitments or Revolving Loans would not exceed the Aggregate Revolving Commitment and no Default shall have occurred and be continuing.&#160; If the Borrower is
        required to provide an amount of cash collateral hereunder pursuant to Section 2.20(c), such amount (to the extent not applied as aforesaid) shall be returned to the Borrower to the extent that, after giving effect to such return, no Issuing Bank
        shall have any exposure in respect of any outstanding Letter of Credit that is not fully covered by the Revolving Commitments of the non-Defaulting Lenders and/or the remaining cash collateral and no Default shall have occurred and be continuing.&#160;
        If the Borrower is required to provide an amount of cash collateral hereunder in respect of any Specified GEC Letter of Credit, the applicable portion of such amount (to the extent not applied as aforesaid) shall be returned to the Borrower solely
        to the extent that the exposure of any Issuing Bank under any Specified GEC Letter of Credit shall have been permanently reduced or terminated following the Seventh Amendment Effective Date and no Default shall have occurred and be continuing
        hereunder.</div>
      <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">85</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(j)&#160; <font style="font-family: 'Times New Roman';"><u>Designation of Additional Issuing Banks.</u></font>&#160; The Borrower may, at any time and from
        time to time with notice to the Administrative Agent, designate as additional Issuing Banks one or more Revolving Lenders, that agree to serve in such capacity as provided below.&#160; The acceptance by a Revolving Lender of an appointment as an Issuing
        Bank hereunder shall be evidenced by an agreement, which shall be in form and substance reasonably satisfactory to the Administrative Agent and the Borrower and shall specify the LC Commitment of such Issuing Bank, executed by the Borrower, the
        Administrative Agent and such designated Revolving Lender and, from and after the effective date of such agreement, (i) such Revolving Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and (ii) references
        herein to the term &#8220;Issuing Bank&#8221; shall be deemed to include such Revolving Lender in its capacity as an issuer of Letters of Credit hereunder.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(k)&#160; <font style="font-family: 'Times New Roman';"><u>Resignation or Termination of an Issuing Bank.</u></font>&#160; Any Issuing Bank may resign as a
        &#8220;Issuing Bank&#8221; hereunder upon 30 days&#8217; prior written notice to the Administrative Agent, the Lenders, and the Borrower; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that on or prior to the expiration of such 30-day period
        with respect to such resignation, the relevant Issuing Bank shall have identified a successor Issuing Bank reasonably acceptable to the Borrower willing to accept its appointment as successor Issuing Bank and the effectiveness of such resignation
        shall be conditioned upon such successor assuming the rights and duties of the Issuing Bank.&#160; In the event of any such resignation as Issuing Bank, the Borrower shall be entitled to appoint from among the Lenders a successor Issuing Bank hereunder;
        <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>however</u></font>, that no failure by the Borrower to appoint any such successor shall affect the resignation of the resigning
        Issuing Bank except as expressly provided above.&#160; The Borrower may terminate the appointment of any Issuing Bank as an &#8220;Issuing Bank&#8221; hereunder by providing a written notice thereof to such Issuing Bank, with a copy to the Administrative Agent.&#160;
        Any such termination shall become effective upon the earlier of (i) such Issuing Bank acknowledging receipt of such notice and (ii) the third Business Day following the date of the delivery thereof; <font style="font-family: 'Times New Roman';"><u>provided</u></font>
        that no such termination shall become effective until and unless the LC Exposure attributable to Letters of Credit issued by such Issuing Bank (or its Affiliates) shall have been reduced to zero.&#160; At the time any such resignation or termination
        shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the resigning or terminated Issuing Bank pursuant to Section 2.12(b).&#160; Notwithstanding the effectiveness of any such resignation or termination, the resigning
        or terminated Issuing Bank shall remain a party hereto and shall continue to have all the rights of an Issuing Bank under this Agreement with respect to Letters of Credit issued by it prior to such resignation or termination, but shall not be
        required to issue any additional Letters of Credit.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(l)&#160; <font style="font-family: 'Times New Roman';"><u>Issuing Bank Reports to the Administrative Agent.</u></font>&#160; Unless otherwise agreed by the
        Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this Section, report in writing to the Administrative Agent (i) periodic activity (for such period or recurrent periods as shall be
        requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensions, amendments and renewals, all expirations and cancelations and all disbursements and reimbursements, (ii)
        reasonably prior to the time that such Issuing Bank issues, amends, renews or extends any Letter of Credit, the date of such issuance, amendment, renewal or extension, and the stated amount of the Letters of Credit issued, amended, renewed or
        extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension (and whether the amounts thereof shall have changed), (iii) on each Business Day on which such Issuing Bank makes any LC Disbursement, the date,
        amount and currency of such LC Disbursement, (iv) on any Business Day on which the Borrower fails to reimburse an LC Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the currency and amount of
        such LC Disbursement and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such Issuing Bank.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">86</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(m)&#160; <font style="font-family: 'Times New Roman';"><u>LC Exposure Determination.</u></font>&#160; For all purposes of this Agreement, the amount of a
        Letter of Credit that, by its terms or the terms of any document related thereto, provides for one or more automatic increases in the stated amount thereof shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect
        to all such increases, whether or not such maximum stated amount is in effect at the time of determination.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.06.&#160; <font style="font-family: 'Times New Roman';"><u>Funding of Borrowings.</u></font>&#160; (a)&#160; Each Lender shall make each Loan to be
          made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 3:00 p.m., Local Time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders.&#160; The
          Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower and designated by the Borrower in the applicable Borrowing Request; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that ABR Revolving Loans made to finance the reimbursement of an LC Disbursement denominated in Dollars as provided in Section 2.05(e) shall be remitted by the Administrative Agent
          to the applicable Issuing Bank or, to the extent that Revolving Lenders have made payments pursuant to Section 2.05(e) to reimburse such Issuing Bank, then to such Revolving Lenders and such Issuing Bank as their interests may appear.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing that such Lender will not
        make available to the Administrative Agent such Lender&#8217;s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with paragraph (a) of this Section and may, in reliance
        upon such assumption and in its sole discretion, make available to the Borrower a corresponding amount.&#160; In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the
        applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such amount is made available to the Borrower to but
        excluding the date of payment to the Administrative Agent, at (i) in the case of such Lender, (A) in the case of Loans denominated in Dollars, the greater of the applicable Overnight Rate and a rate determined by the Administrative Agent in
        accordance with banking industry rules on interbank compensation and (B) in the case of Loans denominated in a Permitted Foreign Currency, the applicable Overnight Rate or (ii) in the case of the Borrower, the interest rate applicable to (A) in the
        case of Loans denominated in Dollars, ABR Loans of the applicable Class and (B) in the case of Loans denominated in a Permitted Foreign Currency, the interest rate applicable to the subject Loan pursuant to Section 2.13.&#160; If the Borrower and such
        Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period.&#160; If such Lender pays
        such amount to the Administrative Agent, then such amount shall constitute such Lender&#8217;s Loan included in such Borrowing.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.07.&#160; <font style="font-family: 'Times New Roman';"><u>Interest Elections.</u></font>&#160; (a)&#160; Each Borrowing initially shall be of the
          Type specified in the applicable Borrowing Request or designated by Section 2.03 and, in the case of a Term Benchmark Borrowing, shall have an initial Interest Period as specified in such Borrowing Request or designated by Section 2.03.&#160;
          Thereafter, the Borrower may elect to convert such Borrowing to a Borrowing of a different Type (<font style="font-family: 'Times New Roman';"><u>provided</u></font> that Borrowings denominated in a Permitted Foreign Currency may not be converted
          into ABR Borrowings but instead must be prepaid in the original currency of such Loan) or to continue such Borrowing and, in the case of a Term Benchmark Borrowing, may elect Interest Periods therefor, all as provided in this Section.&#160; The
          Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising
          each such portion shall be considered a separate Borrowing.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">87</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; To make an election pursuant to this Section, the Borrower shall notify the Administrative Agent of such election in writing by the time that
          a Borrowing Request would be required under Section 2.03 if the Borrower were requesting a Revolving Borrowing of the Type resulting from such election to be made on the effective date of such election.&#160; Each such Interest Election Request shall
          be irrevocable and shall be confirmed promptly by hand delivery, facsimile or other electronic transmission to the Administrative Agent of a written Interest Election Request signed by a Financial Officer of the Borrower.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; Each Interest Election Request shall specify the following information in compliance with Section 2.02:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 72pt; text-indent: 45pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(i)&#160; </font><font style="font-size: 10pt;">the




            Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to
            be specified pursuant to clauses (iii) and (iv) below shall be specified for each resulting Borrowing);</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)&#160; </font><font style="font-size: 10pt;">the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iii)&#160; </font><font style="font-size: 10pt;">whether the resulting Borrowing is to be an ABR Borrowing or a Term Benchmark Borrowing; and</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iv)&#160; </font><font style="font-size: 10pt;">if the resulting Borrowing is to be a Term Benchmark Borrowing, the Interest Period to be applicable thereto after giving effect to such election, which shall be a period contemplated by the definition of the term &#8220;Interest Period&#8221;.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">If any such Interest Election Request requests a Term Benchmark Borrowing but does not specify an Interest Period, then the Borrower shall be deemed to have selected
        an Interest Period of one month&#8217;s duration.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Promptly following receipt of an Interest Election Request, the Administrative Agent shall advise each Lender of the applicable Class of the
        details thereof and of such Lender&#8217;s portion of each resulting Borrowing.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; If the Borrower fails to deliver a timely Interest Election Request with respect to a Term Benchmark Borrowing prior to the end of the
          Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period (i) in the case of a Term Benchmark Borrowing denominated in Dollars, such Borrowing shall be converted to an ABR
          Borrowing and (ii) in the case of a Term Benchmark Borrowing denominated in a Permitted Foreign Currency, such Borrowing shall be continued as a Borrowing of the applicable Type for an Interest Period of one month.&#160; Notwithstanding any contrary
          provision hereof, if an Event of Default under clause (h) or (i) of Section 7.01 has occurred and is continuing with respect to the Borrower, or if any other Event of Default has occurred and is continuing and the Administrative Agent, at the
          request of a Majority in Interest of the Lenders of any Class has notified the Borrower of the election to give effect to this sentence on account of such other Event of Default, then, in each such case, so long as such Event of Default is
          continuing, (i) no outstanding Borrowing denominated in Dollars may be converted to or continued as a Term Benchmark Borrowing, (ii) unless repaid, each Term Benchmark Borrowing denominated in Dollars shall be converted to an ABR Borrowing at the
          end of the Interest Period applicable thereto and (iii) unless repaid, each Term Benchmark Borrowing denominated in a Permitted Foreign Currency shall be continued as a Term Benchmark Borrowing with an Interest Period of one month&#8217;s duration.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">88</font></div>
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.08.&#160; <font style="font-family: 'Times New Roman';"><u>Termination and Reduction of Commitments.</u></font></div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; Unless previously terminated, (i) the Tranche A Term Commitments shall automatically terminate and be reduced to $0 on the Closing Date upon the making of the
          Tranche A Term Loans and (ii) the Revolving Commitments shall automatically terminate and be reduced to $0 on the Revolving Maturity Date.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; The Borrower may at any time terminate, or from time to time permanently reduce, the Commitments of any Class; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (i) each partial reduction of the Commitments of any Class shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000 and (ii) the Borrower shall not terminate or
        reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.11, the Aggregate Revolving Exposure would exceed the Aggregate Revolving Commitment.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; The Borrower shall notify the Administrative Agent of any election to terminate or reduce the Commitments under paragraph (b) of this Section
          at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof.&#160; Promptly following receipt of any such notice, the Administrative Agent shall advise the Lenders
          of the applicable Class of the contents thereof.&#160; Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that a notice of termination or reduction
          of the Revolving Commitments delivered under this paragraph may state that such notice is conditioned upon the occurrence of one or more events specified therein, in which case such notice may be revoked by the Borrower (by notice to the
          Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.&#160; Any termination or reduction of the Commitments of any Class shall be permanent.&#160; Each reduction of the Commitments of any Class shall be made
          ratably among the Lenders in accordance with their respective Commitments of such Class.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.09.&#160; <font style="font-family: 'Times New Roman';"><u>Repayment of Loans; Evidence of Debt.</u></font>&#160; (a)&#160; The Borrower hereby
          unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made by such Revolving Lender to the Borrower on the Revolving Maturity Date and (ii)
          to the Administrative Agent for the account of each Tranche A Term Lender the then unpaid principal amount of each Tranche A Term Loan made by such Tranche A Term Lender to the Borrower as provided in Section 2.10.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; <font style="font-family: 'Times New Roman';">Each Lender shall maintain in accordance with its usual practice an account or accounts
            evidencing the indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder. </font>The records maintained
          by the Administrative Agent and the Lenders shall be <font style="font-family: 'Times New Roman';"><u>prima</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>facie</u></font> evidence of the existence and amounts of the obligations of
          the Borrower in respect of Loans made to the Borrower, LC Disbursements, interest and fees due or accrued, in each case, with respect to the Borrower hereunder; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the
          failure of the Administrative Agent or any Lender to maintain such records or any error therein shall not in any manner affect the obligation of the Borrower to pay any amounts due hereunder in accordance with the terms of this Agreement. In the
          event of any inconsistency between the entries made pursuant to paragraphs (b) and (c) of this Section, the accounts maintained by the Administrative Agent maintained pursuant to paragraph (c) of this Section shall control.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">89</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; The Administrative Agent shall, in connection with maintenance of the Register in accordance with Section 9.04(b)(iv) maintain accounts in
          which it shall record (i) the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period applicable thereto, (ii) the amount of any principal, premium, interest or fees due and payable or to become due and payable from
          the Borrower to each Lender hereunder and (iii) the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender&#8217;s share thereof.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Any Lender may request that Loans of any Class made by it be evidenced by a promissory note.&#160; In such event, the Borrower of such Loans shall
        prepare, execute and deliver to such Lender a promissory note payable to such Lender (or, if requested by such Lender, to such Lender and its registered assigns) and in a form approved by the Administrative Agent.&#160; Thereafter, the Loans evidenced
        by such promissory note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the payee named therein (or, if such promissory note is a
        registered note, to such payee and its registered assigns).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.10.&#160; <font style="font-family: 'Times New Roman';"><u>Amortization of Tranche A Term Loans.</u></font>&#160; (a)&#160; Subject to adjustment
          pursuant to paragraph (c) of this Section, the Borrower shall repay to the Administrative Agent, for the account of each Tranche A Term Lender, Tranche A Term Borrowings on each date set forth below in the aggregate principal amount set forth
          opposite such date (<font style="font-family: 'Times New Roman';"><u>provided</u></font> that if any such date is not a Business Day, such payment shall be due on the immediately preceding Business Day):</div>
        <div style="font-size: 10pt;">&#160;
          <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zd5b503aecd5e40cdb0d25b7034a4deda">

              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td style="width: 50%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Date</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Amount</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">September 30, 2021</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">$4,750,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">December 31, 2021</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">$4,750,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">March 31, 2022</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$4,750,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">June 30, 2022</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">$4,750,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">September 30, 2022</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">$4,750,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">December 31, 2022</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">$4,750,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">March 31, 2023</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$6,000,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">June 30, 2023</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$9,000,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">September 30, 2023</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$9,000,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">December 31, 2023</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$12,000,000</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
                <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
                <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
                <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">March 31, 2024</div>
                  </div>
                </td>
                <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                  <div>
                    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$12,000,000</div>
                  </div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-size: 10pt;">
        <div><br>
        </div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">90</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zbe2fb94c12914d30bc9e015b7db6a000">

            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 50%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">June 30, 2024</div>
                </div>
              </td>
              <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$12,000,000</div>
                </div>
              </td>
            </tr>
            <tr>
              <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">September 30, 2024</div>
                </div>
              </td>
              <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$12,000,000</div>
                </div>
              </td>
            </tr>
            <tr>
              <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">December 31, 2024</div>
                </div>
              </td>
              <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$14,500,000</div>
                </div>
              </td>
            </tr>
            <tr>
              <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">March 31, 2025</div>
                </div>
              </td>
              <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$11,500,000</div>
                </div>
              </td>
            </tr>
            <tr>
              <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">June 30, 2025</div>
                </div>
              </td>
              <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$11,500,000</div>
                </div>
              </td>
            </tr>
            <tr>
              <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">September 30, 2025</div>
                </div>
              </td>
              <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$11,500,000</div>
                </div>
              </td>
            </tr>
            <tr>
              <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 50%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">December 31, 2025</div>
                </div>
              </td>
              <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div>
                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">$11,500,000</div>
                </div>
              </td>
            </tr>
            <tr>
              <td colspan="1" rowspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
              <td rowspan="1" style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
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                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Tranche A Term Maturity Date</div>
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              <td style="width: 49.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
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                  <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Balance of any remaining outstanding principal amount of Tranche A Term Loans</div>
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        </table>
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      <div style="font-size: 10pt;">
        <div><br>
        </div>
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      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; To the extent not previously paid, the Borrower shall pay to the Administrative Agent for the account of the Tranche A Term Lenders the then
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      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; Any prepayment by the Borrower of a Term Borrowing of any Class shall be applied to reduce the subsequent scheduled repayments of the Term
        Borrowings of such Class to be made pursuant to this Section as directed in writing by the Borrower; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (A) any prepayment of any Class of Incremental Term Borrowings shall be
        applied to subsequent scheduled repayments as provided in the applicable Incremental Facility Amendment, (B) any prepayment of Term Borrowings of any Class contemplated by Section 2.23 shall be applied to subsequent scheduled repayments as provided
        in such Section, (C) mandatory prepayments of Term Borrowings shall be applied to scheduled repayments of such Term Borrowings in direct order of maturity and (D) if any Lender elects to decline a mandatory prepayment of a Term Borrowing in
        accordance with Section 2.11(g), then the portion of such prepayment not so declined shall be applied to reduce the subsequent repayments of such Term Borrowing to be made pursuant to this Section ratably based on the amount of such scheduled
        repayments.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Prior to any repayment of any Term Borrowings of any Class under this Section, the Borrower shall select the Borrowing or Borrowings of the
        applicable Class to be repaid and shall notify the Administrative Agent in writing (via hand delivery, facsimile or other electronic imaging) of such selection not later than 1:00 p.m., New York City time, three Business Days before the scheduled
        date of such repayment.&#160; Each repayment of a Term Borrowing shall be applied ratably to the Loans included in the repaid Term Borrowing.&#160; Repayments of Term Borrowings shall be accompanied by accrued interest on the amount repaid.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; The Borrower shall repay to the Administrative Agent, for the account of each Incremental Tranche B Term Lender, Incremental Tranche B Term
        Loans made pursuant to the First Incremental Facility Amendment on the last day of each quarter set forth below and in an amount equal to the outstanding principal amount of the Incremental Tranche B Term Loans on the Incremental Tranche B Term
        Effective Date multiplied by the percentage set forth below, with the unpaid balance being payable on the Tranche B Term Maturity Date:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">91</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="font-size: 10pt;">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z1b84b6a69996495db38c0dbeb19afde0">

            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0);">
                <div style="text-align: left; font-family: 'Times New Roman';">Date</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; border-top: 2px solid rgb(0, 0, 0);">
                <div style="text-align: left; font-family: 'Times New Roman';">Amount</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">June 30, 2020</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.25%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">September 30, 2020</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.25%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">December 31, 2020</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.25%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">March 31, 2021</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.25%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">June 30, 2021</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.25%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">September 30, 2021</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.25%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">December 31, 2021</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.25%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">March 31, 2022</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.25%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">June 30, 2022</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.875%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">September 30, 2022</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.875%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">December 31, 2022</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.875%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">March 31, 2023</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">1.875%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">June 30, 2023</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">2.50%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">September 30, 2023</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">2.50%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">December 31, 2023</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">2.50%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">March 31, 2024</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">2.50%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">June 30, 2024</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">2.50%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">September 30, 2024</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">2.50%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 57%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">December 31, 2024</div>
              </td>
              <td style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); font-size: 10pt; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman';">2.50%</div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 57%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
              <td rowspan="1" style="width: 42.13%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
            </tr>

        </table>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"> <br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">Any optional prepayment by the Borrower of Incremental Tranche B Term Loans shall be applied to reduce the subsequent scheduled repayments to be
        made pursuant to this Section as directed by the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; The Borrower shall repay to the Administrative Agent, for the account of each Refinancing Tranche B Term Lender, Refinancing Tranche B Term
        Loans made pursuant to the First Refinancing Facility Amendment on the last day of each fiscal quarter, commencing with the first full fiscal quarter ending after the First Refinancing Facility Agreement Effective Date, in an amount equal to 0.25%
        of the outstanding principal amount of the Refinancing Tranche B Term Loans on the First Refinancing Facility Agreement Effective Date, with the unpaid balance being payable on the Refinancing Tranche B Term Maturity Date.&#160; Any optional prepayment
        by the Borrower of Refinancing Tranche B Term Loans shall be applied to reduce the subsequent scheduled repayments to be made pursuant to this Section as directed by the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">92</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.11.&#160; <font style="font-family: 'Times New Roman';"><u>Prepayment of Loans.</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; The Borrower shall have the right at any time and from time to time to prepay any Borrowing, in whole or in part, without premium or penalty,
        subject to Section 2.11(i) below and Section 2.16.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; In the event and on each occasion that the Aggregate Revolving Exposure exceeds the Aggregate Revolving Commitment (including as a result of
        any revaluation of the Dollar Equivalent of any Loan or Letter of Credit pursuant to Section 1.09), the Borrower shall, within one Business Day, prepay its Revolving Borrowings (or, if no such Revolving Borrowings are outstanding, deposit cash
        collateral in an account with the Administrative Agent in accordance with Section 2.05(i)) in an aggregate amount equal to such excess.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; In the event and on each occasion that any Net Proceeds are received by or on behalf of the Borrower or any Restricted Subsidiary in respect
          of any Prepayment Event (including by the Administrative Agent as loss payee in respect of any Prepayment Event described in clause (b) of the definition of the term &#8220;Prepayment Event&#8221;), the Borrower shall, within five Business Days after such
          Net Proceeds are received, prepay Term Borrowings in an aggregate amount equal to 100% of the amount of such Net Proceeds (or, if the Borrower or any of its Restricted Subsidiaries has incurred Indebtedness that is permitted under Section 6.01
          that is secured, on an equal and ratable basis with the Term Loans, by a Lien on the Collateral permitted under Section 6.02, and such Indebtedness is required to be prepaid or redeemed with the Net Proceeds of any event described in clause (a)
          or (b) of the definition of the term &#8220;Prepayment Event&#8221;, then by such lesser percentage of such Net Proceeds such that such Indebtedness receives no greater than a ratable percentage of such Net Proceeds based upon the aggregate principal amount
          of the Term Loans and such Indebtedness then outstanding; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that to the extent the holders of such other Indebtedness decline to have such Indebtedness prepaid or redeemed, the
          amount so declined shall promptly (and in any event within five Business Days after the date of such rejection) be applied to prepay Term Borrowings in accordance with the terms hereof) (such Net Proceeds amount, as reduced in accordance with the
          proviso to this paragraph (c), the &#8220;<font style="font-family: 'Times New Roman';"><u>Net Proceeds Prepayment Amount</u></font>&#8221;); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, in the case of any event described in
          clause (b) (or clause (a), solely with respect to any such event occurring (i) prior to the Fifth Amendment Effective Date, (ii) during the Fifth Amendment Period, with respect to Net Proceeds not to exceed $50,000,000 in the aggregate or (iii)
          following the Fifth Amendment Period Termination Date, with respect to Net Proceeds in an amount not to exceed 50% of the aggregate Net Proceeds in respect of such event) of the definition of the term &#8220;Prepayment Event&#8221; and so long as no Event of
          Default under Section 7.01(a), 7.01(b) or, solely with respect to the Borrower, Section 7.01(h) or 7.01(i) has occurred and be continuing if the Borrower shall, on or prior to the date of the required prepayment, deliver to the Administrative
          Agent a certificate of a Financial Officer to the effect that the Borrower intends to cause the Net Proceeds from such event (or a portion thereof specified in such certificate) to be applied within <font style="font-family: 'Times New Roman';">365




            days after receipt of such Net Proceeds to be reinvested in the business of the Borrower or its Restricted Subsidiaries, or to enter into an acquisition permitted by this Agreement, then no prepayment shall be required pursuant to this
            paragraph in respect of the Net Proceeds in respect of such event (or the portion of such Net Proceeds specified in such certificate, if applicable) except to the extent of any such Net Proceeds that have not been so applied by the end of such
            365-day period (or within a period of 180 days thereafter if by the end of such initial 365-day period the Borrower or one or more Restricted Subsidiaries shall have committed to invest such proceeds), at which time a prepayment shall be
            required in an amount equal to such Net Proceeds that have not been so applied.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">93</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Following the end of each fiscal year of the Borrower, commencing with the fiscal year ending December 31, 2020, the Borrower shall prepay
          Term Borrowings in an aggregate amount equal to the Specified ECF Percentage of Excess Cash Flow for such fiscal year (such amount, as reduced in accordance with the provisos to this paragraph (d), the &#8220;<font style="font-family: 'Times New Roman';"><u>ECF Sweep Amount</u></font>&#8221;); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that such amount shall be reduced by the aggregate amount of prepayments of Term Borrowings and Revolving Borrowings (but only to
          the extent accompanied by a permanent reduction of the corresponding Commitment) made pursuant to paragraph (a) of this Section and the aggregate amount of voluntary prepayments or repurchases of other Indebtedness secured by the Collateral on a
          <font style="font-family: 'Times New Roman';"><u>pari</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>passu</u></font> basis to the Liens on the Collateral securing the Obligations, in each case, during such fiscal year (and, at the
          Borrower&#8217;s option (and without deducting such amounts against the subsequent fiscal year&#8217;s prepayment computation pursuant to this paragraph (d)), after the end of such fiscal year but prior to the date on which the prepayment pursuant to this
          Section for such fiscal year is required to have been made).&#160; Each prepayment pursuant to this paragraph shall be made on or before the date on which financial statements are delivered pursuant to Section 5.01(a) with respect to the fiscal year
          for which Excess Cash Flow is being calculated (and in any event not later than the last day on which such financial statements may be delivered in compliance with such Section).</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; In the event that any distribution (whether in cash, securities or other property) is made to any creditor of, or holder of interests in, a
          Specified GEC Entity (other than (A) in satisfaction of (x) the Specified GEC DIP Financing or (y) Wind Down Costs, (B) to the extent such distribution is (x) funded by either forgiveness of the Specified GEC DIP Financing and/or a settlement
          contribution from the Borrower or its Subsidiaries and (y) to (i) Oaktree Capital Management, L.P., any of its Affiliates or any fund or managed account of any of the foregoing, up to $3,000,000 in the aggregate or (ii) any other creditor of a
          Specified GEC Entity, up to $20,000,000 in the aggregate or (C) any distribution to a Specified GEC Entity) is made after the occurrence of a Specified GEC Bankruptcy Event or in connection with the Ecommerce Restructuring (any such distribution,
          a &#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC Entity Bankruptcy Distribution</u></font>&#8221; and the aggregate amount of all such distributions the &#8220;<font style="font-family: 'Times New Roman';"><u>Specified GEC Entity Bankruptcy
              Distribution Amount</u></font>&#8221;), then the Borrower shall, within five (5) Business Days (or such later time as the Administrative Agent may agree) after the payment of such Specified GEC Entity Bankruptcy Distribution, prepay Term Borrowings
          in an aggregate amount equal to 100% of the Specified GEC Entity Bankruptcy Distribution Amount (or, if the obligations under the First Lien Note Purchase Agreement are required to be prepaid or redeemed with the Specified GEC Entity Bankruptcy
          Distribution Amount, then by such lesser percentage of such Specified GEC Entity Bankruptcy Distribution Amount such that the obligations under the First Lien Note Purchase Agreement receive no greater than a ratable percentage of such Specified
          GEC Entity Bankruptcy Distribution Amount based upon the aggregate principal amount of the Term Loans and such obligations under the First Lien Note Purchase Agreement then outstanding; <font style="font-family: 'Times New Roman';"><u>provided</u></font>
          that to the extent the holders of such obligations under the First Lien Note Purchase Agreement decline to have such obligations prepaid or redeemed, the amount so declined shall promptly (and in any event within five (5) Business Days after the
          date of such rejection) be applied to prepay Term Borrowings in accordance with the terms hereof).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">94</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; Notwithstanding any other provisions of Section 2.11(c) or (d), (A) to the extent that any of or all the Net Proceeds of any Prepayment Event
        by or Excess Cash Flow of a Foreign Subsidiary of the Borrower giving rise to a prepayment pursuant to Section 2.11(c) or (d) (a &#8220;<font style="font-family: 'Times New Roman';"><u>Foreign Prepayment Event</u></font>&#8221;) are prohibited or delayed by
        applicable local law from being repatriated to the Borrower, the portion of such Net Proceeds or Excess Cash Flow so affected will not be required to be taken into account in determining the amount to be applied to repay Term Loans at the times
        provided in Section 2.11(c) or (d), as the case may be, and such amounts may be retained by such Subsidiary, and once the Borrower has determined in good faith that such repatriation of any of such affected Net Proceeds or Excess Cash Flow is
        permitted under the applicable local law, then the amount of such Net Proceeds or Excess Cash Flow will be taken into account as soon as practicable in determining the amount to be applied (net of additional taxes payable or reserved if such
        amounts were repatriated) to the repayment of the Term Loans pursuant to Section 2.11(c) or (d), as applicable, (B) to the extent that and for so long as the Borrower has determined in good faith that repatriation of any of or all the Net Proceeds
        of any Foreign Prepayment Event or Excess Cash Flow would have a material adverse tax or cost consequence with respect to such Net Proceeds or Excess Cash Flow, the amount of Net Proceeds or Excess Cash Flow so affected will not be required to be
        taken into account in determining the amount to be applied to repay Term Loans at the times provided in Section 2.11(c) or Section 2.11(d), as the case may be, and such amounts may be retained by such Subsidiary; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that when the Borrower determines in good faith that repatriation of any of or all the Net Proceeds of any Foreign Prepayment Event or Excess Cash Flow would no longer have a material adverse tax consequence
        with respect to such Net Proceeds or Excess Cash Flow, such Net Proceeds or Excess Cash Flow shall be taken into account as soon as practicable in determining the amount to be applied (net of additional taxes payable or reserved against if such
        amounts were repatriated) to the repayment of the Term Loans pursuant to Section 2.11(c) or Section 2.11(d), as applicable, and (C) to the extent that and for so long as the Borrower has determined in good faith that repatriation of any of or all
        the Net Proceeds of any Foreign Prepayment Event or Excess Cash Flow would give rise to a risk of liability for the directors of such Subsidiary, the Net Proceeds or Excess Cash Flow so affected will not be required to be taken into account in
        determining the amount to be applied to repay Term Loans at the times provided in Section 2.11(c) or Section 2.11(d), as the case may be, and such amounts may be retained by such Subsidiary; <font style="font-family: 'Times New Roman';"><u>provided</u></font>
        that when the Borrower determines in good faith that repatriation of any of or all the Net Proceeds of any Foreign Prepayment Event would no longer give rise to liability for the directors of such Subsidiary, such Net Proceeds shall be taken into
        account as soon as practicable in determining the amount to be applied (net of additional taxes payable or reserved against if such amounts were repatriated) to the repayment of the Term Loans pursuant to Section 2.11(c) or (d), as applicable.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g)&#160; Prior to any optional prepayment of Borrowings under this Section, the Borrower shall select the Borrowing or Borrowings to be prepaid and
        shall specify such selection in the notice of such prepayment delivered pursuant to paragraph (g) of this Section.&#160; In the event of any mandatory prepayment of Term Borrowings made at a time when Term Borrowings of more than one Class remain
        outstanding, the aggregate amount of such prepayment shall be allocated among the Term Borrowings of each such Class (including the Incremental Tranche B Term Loans and the Refinancing Tranche B Term Loans and, to the extent provided in the
        Incremental Facility Amendment or Refinancing Facility Agreement for any Class of other Incremental Term Loans or Refinancing Term Loans, respectively, the Borrowings of such Class) pro rata based on the aggregate principal amount of outstanding
        Borrowings of each such Class; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that any Term Lender (including each Incremental Tranche B Term Lender and Refinancing Tranche B Term Lender and, to the extent provided in the
        Incremental Facility Amendment or Refinancing Facility Agreement for any Class of other Incremental Term Loans or Refinancing Term Loans, any Lender that holds Term Loans of such Class) may elect, by notice to the Administrative Agent in writing
        (via hand delivery, facsimile or other electronic imaging) at least one Business Day prior to the required prepayment date, to decline all or any portion of any prepayment of its Loans pursuant to this Section (other than (x) an optional prepayment
        pursuant to paragraph (a) of this Section or (y) a mandatory prepayment triggered by an event described in clause (c) of the definition of the term &#8220;Prepayment Event&#8221;, neither of which may be declined), in which case the aggregate amount of the
        prepayment that would have been applied to prepay such Loans may be retained by the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">95</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(h)&#160; The Borrower shall notify the Administrative Agent in writing (via hand delivery, facsimile or other electronic imaging) of any optional
        prepayment&#160; and, to the extent practicable, any mandatory prepayment hereunder (i) in the case of a prepayment of a Term Benchmark Borrowing, not later than 1:00 p.m., Local Time, three Business Days before the date of prepayment, (ii) in the case
        of a prepayment of an ABR Borrowing, not later than 1:00 p.m., New York City time, one Business Day before the date of prepayment and (iii) in the case of an RFR Borrowing denominated in Sterling, not later than 11:00 a.m., New York City time, five
        Business Days before the date of prepayment.&#160; Each such notice shall be irrevocable and shall specify the prepayment date, the principal amount of each Borrowing or portion thereof to be prepaid and, in the case of a mandatory prepayment, a
        reasonably detailed calculation of the amount of such prepayment; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (A) if a notice of optional prepayment is given in connection with a conditional notice of termination of
        the Revolving Commitments as contemplated by Section 2.08, then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.08 and (B) a notice of prepayment of Term Borrowings pursuant to
        paragraph (a) of this Section may state that such notice is conditioned upon the occurrence of one or more events specified therein, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the
        specified date of prepayment) if such condition is not satisfied.&#160; Promptly following receipt of any such notice, the Administrative Agent shall advise the Lenders of the applicable Class of the contents thereof.&#160; Each partial prepayment of any
        Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02, except as necessary to apply fully the required amount of a mandatory prepayment.&#160; Each prepayment of a
        Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing.&#160; Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(i)&#160; In the event that, on or prior to the date that is six months after the First Refinancing Facility Agreement Effective Date, the Borrower (A)
        prepays, repays, refinances, substitutes or replaces any Refinancing Tranche B Term Loans in connection with a Repricing Transaction (including, for the avoidance of doubt, any prepayment made as a result of a Prepayment Event described in clause
        (c) thereof that constitutes a Repricing Transaction) or (B) effects any amendment, modification or waiver of, or consent under, this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the
        ratable account of each applicable Refinancing Tranche B Term Lender, (I) in the case of <font style="font-family: 'Times New Roman';"><u>clause (A)</u></font>, a premium of 1.00% of the aggregate principal amount of the Refinancing Tranche B Term
        Loans so prepaid, repaid, refinanced, substituted or replaced and (II) in the case of <font style="font-family: 'Times New Roman';"><u>clause (B)</u></font>, a fee equal to 1.00% of the aggregate principal amount of the Refinancing Tranche B Term
        Loans that are the subject of such Repricing Transaction outstanding immediately prior to such amendment. If, on or prior to the date that is six months after the First Refinancing Facility Agreement Effective Date, all or any portion of the
        Refinancing Tranche B Term Loans held by any Refinancing Tranche B Term Lender are prepaid, repaid, refinanced, substituted or replaced pursuant to Section 2.19 as a result of, or in connection with, such Refinancing Tranche B Term Lender not
        agreeing or otherwise consenting to any waiver, consent, modification or amendment in connection with a Repricing Transaction, such prepayment, repayment, refinancing, substitution or replacement will be made at 101% of the principal amount so
        prepaid, repaid, refinanced, substituted or replaced. All such amounts shall be due and payable on the date of effectiveness of such Repricing Transaction in Dollars and in immediately available funds.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">96</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.12.&#160; <font style="font-family: 'Times New Roman';"><u>Fees.</u></font>&#160; (a)&#160; The Borrower agrees to pay to the Administrative Agent for
          the account of each Revolving Lender (other than a Defaulting Lender) in accordance with its Pro Rata Share of the Aggregate Revolving Commitments for the period from and including the Closing Date to but excluding the date on which the Revolving
          Commitments terminate (or are otherwise reduced to zero), a commitment fee which shall accrue at the Applicable Rate on the average daily unfunded amount of the aggregate Revolving Commitment of such Revolving Lender.&#160; Such accrued commitment
          fees accrued through and including the last day of March, June, September and December of each year shall be payable in arrears on the fifteenth day following such last day and on the date on which all the Revolving Commitments terminate,
          commencing on the first such date to occur after the Closing Date. For purposes of computing commitment fees, a Revolving Commitment of a Lender shall be deemed to be used to the extent of the outstanding Revolving Loans and LC Exposure of such
          Lender.</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; The Borrower agrees to pay (i) to the Administrative Agent for the account of each Revolving Lender a participation fee with respect to its
        participations in Letters of Credit, which shall accrue at the same Applicable Rate then used to determine the interest rate applicable to Term Benchmark Revolving Loans on the average daily amount of such Lender&#8217;s aggregate LC Exposure (excluding
        any portion thereof attributable to unreimbursed LC Disbursements) during the period from and including the Closing Date to but excluding the later of the date on which all of such Lender&#8217;s Revolving Commitments terminate and the date on which such
        Lender ceases to have any LC Exposure and (ii) to each Issuing Bank a fronting fee, which shall accrue at a rate per annum equal to 0.125% on the average daily amount of the LC Exposure attributable to Letters of Credit issued by such Issuing Bank
        (excluding any portion thereof attributable to unreimbursed LC Disbursements) during the period from and including the Closing Date to but excluding the later of the date of termination of all the Revolving Commitments and the date on which there
        ceases to be any such LC Exposure, as well as such Issuing Bank&#8217;s standard fees with respect to the issuance, amendment, renewal or extension of any Letter of Credit or processing of drawings thereunder.&#160; Participation fees and fronting fees
        accrued through and including the last day of March, June, September and December of each year shall be payable on the fifteenth day following such last day, commencing on the first such date to occur after the Closing Date; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that all such fees shall be payable on the date on which all the Revolving Commitments terminate and any such fees accruing after the date on which all the Revolving Commitments
        terminate shall be payable on demand.&#160; Any other fees payable to an Issuing Bank pursuant to this paragraph shall be payable within 10 days after demand.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; The Borrower agrees to pay to the Administrative Agent, for its own account, fees payable in the amounts and at the times separately agreed
        upon between the Borrower and the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; The Borrower agrees to pay to the Arrangers and the Administrative Agent, for the account of each applicable Arranger and Lender, such other
        fees as shall have been separately agreed upon in writing (including pursuant to the Fee Letter and including upfront fees, which may be in the form of original issues discounts to the Loans) in the amounts and at the times so specified.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; All fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent (or to the applicable
        Issuing Bank, in the case of fees payable to it) for distribution, in the case of commitment fees and participation fees, to the Revolving Lenders entitled thereto.&#160; Fees paid hereunder shall not be refundable under any circumstances.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">97</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; All commitment fees, participation fees, fronting fees and other fees payable pursuant to this Section and all interest shall be computed on
          the basis of a year of 360 days, except that (i) interest computed by reference to the Alternate Base Rate at times when the Alternate Base Rate is based on the Prime Rate and (ii) interest computed for any Borrowing denominated in Sterling
          shall, in each case, be computed on the basis of a year of 365 days (or 366 days in a leap year), and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.13.&#160; <font style="font-family: 'Times New Roman';"><u>Interest.</u></font>&#160; (a)&#160; The Loans comprising each ABR Borrowing shall bear
          interest at the Alternate Base Rate plus the Applicable Rate.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; The Loans comprising each Term Benchmark Borrowing shall bear interest at the Adjusted Term SOFR Rate or the EURIBO Rate, as applicable, for
        the Interest Period in effect for such Borrowing plus the Applicable Rate.&#160; The Loans comprising each RFR Borrowing shall bear interest at a rate per annum equal to the Adjusted Daily Simple RFR plus the Applicable Rate.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; Notwithstanding the foregoing, if any principal of or interest on any Loan or any fee or other amount payable by the Borrower hereunder is not
        paid when due, whether at stated maturity, upon acceleration or otherwise, and an Event of Default under Section 7.01(a), (b), (h) or (i) shall have occurred and be continuing, such overdue amount shall bear interest, on and from such date, at a
        rate per annum equal to (i) in the case of overdue principal of any Loan, 2.00% per annum plus the rate otherwise applicable to such Loan as provided in the preceding paragraphs of this Section or (ii) in the case of any other overdue amount, 2.00%
        per annum plus the rate applicable to ABR Revolving Loans as provided in paragraph (a) of this Section.&#160; Payment or acceptance of the increased rates of interest provided for in this paragraph (c) is not a permitted alternative to timely payment
        and shall not constitute a waiver of any Event of Default or otherwise prejudice or limit any rights or remedies of the Administrative Agent, any Issuing Bank or any Lender.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Accrued interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan and, in the case of a Revolving Loan of
        any Class, upon termination of the Revolving Commitments of such Class; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (i) interest accrued pursuant to paragraph (c) of this Section shall be payable on demand, (ii) in
        the event of any repayment or prepayment of any Loan (other than a prepayment of an ABR Revolving Loan prior to the end of the Revolving Availability Period), accrued interest on the principal amount repaid or prepaid shall be payable on the date
        of such repayment or prepayment and (iii) in the event of any conversion of a Term Benchmark Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.14.&#160; <font style="font-family: 'Times New Roman';"><u>Alternate Rate of Interest.</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; Subject to clauses (b), (c), (d), (e), (f) and (g) of this Section 2.14, if:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(i)&#160; </font><font style="font-size: 10pt;">the Administrative Agent determines (which determination shall be conclusive absent manifest error) (A) prior to the commencement of any Interest Period for a Term Benchmark Borrowing of any Class that adequate and reasonable means do
            not exist for ascertaining the Adjusted Term SOFR Rate or the EURIBO Rate, as the case may be, for such Interest Period or (B) at any time, that adequate and reasonable means do not exist for ascertaining the Adjusted Daily Simple RFR; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that no Benchmark Transition Event shall have occurred at such time; or</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">98</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)&#160; </font><font style="font-size: 10pt;">the Administrative Agent is advised by a Majority in Interest of the Lenders of any Class (A) prior to the commencement of any Interest Period for a Term Benchmark Borrowing of such Class that the Adjusted Term SOFR Rate or the EURIBO
            Rate, as the case may be, for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing for such Interest Period or (B) at any time, the Adjusted Daily
            Simple RFR will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing;</font></div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">then the Administrative Agent shall give notice thereof to the Borrower and the Lenders of such Class by telephone, facsimile or other electronic
          imaging as promptly as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders of such Class that the circumstances giving rise to such notice no longer exist, (i) in the case of Borrowings denominated in
          Dollars, (A) any Interest Election Request that requests the conversion of any Borrowing of such Class to, or continuation of any Borrowing of such Class as, a Term Benchmark Borrowing shall be ineffective, and such Borrowing shall be continued
          as an ABR Borrowing and (B) any Borrowing Request for a Term Benchmark Borrowing of such Class shall be made as a request for an ABR Borrowing, (ii) in the case of Borrowings denominated in Euros, until the Administrative Agent notifies such
          Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) if such Term Benchmark Loan is denominated in Dollars, then on the last day of the Interest Period applicable to such Loan (or the next succeeding
          Business Day if such day is not a Business Day), such Loan shall be converted by the Administrative Agent to, and shall constitute, an ABR Loan denominated in Dollars on such day and (ii) if such Term Benchmark Loan is denominated in any
          Permitted Foreign Currency, then such Loan shall, on the last day of the Interest Period applicable to such Loan (or the next succeeding Business Day if such day is not a Business Day), at the Borrower&#8217;s election prior to such day: (A) be prepaid
          by the Borrower on such day or (B) solely for the purpose of calculating the interest rate applicable to such Term Benchmark Loan, such Term Benchmark Loan denominated in any Permitted Foreign Currency other than Dollars shall be deemed to be a
          Term Benchmark Loan denominated in Dollars and shall accrue interest at the same interest rate applicable to Term Benchmark Loans denominated in Dollars at such time and (iii) in the case of RFR Loans denominated in Sterling, such Loans shall, at
          the Borrower&#8217;s election, either (A) be converted into ABR Loans denominated in Dollars (in an amount equal to the Dollar Equivalent thereof) immediately or (B) be prepaid in full immediately.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Notwithstanding anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event and its related Benchmark
          Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined in accordance with clause (1) of the definition of &#8220;Benchmark Replacement&#8221; for
          such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or
          further action or consent of any other party to, this Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance with clause (2) of the definition of &#8220;Benchmark Replacement&#8221; for such Benchmark Replacement
          Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m., New York City time, on the fifth Business Day after the date notice of
          such Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time,
          written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders of each Class.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">99</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; Notwithstanding anything to the contrary herein or in any other Loan Document and subject to the proviso below in this paragraph, with
          respect to a Loan denominated in Euros, if a Term ESTR Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current Benchmark, then the applicable Benchmark
          Replacement will replace the then-current Benchmark for all purposes hereunder or under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings, without any amendment to, or further action or consent of any other
          party to, this Agreement or any other Loan Document; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, this clause (c) shall not be effective unless the Administrative Agent has delivered to the Lenders and the Borrower
          a Term ESTR Notice.&#160; For the avoidance of doubt, the Administrative Agent shall not be required to deliver any Term ESTR Notice after the occurrence of a Term ESTR Transition Event, and may do so in its sole discretion.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; In connection with the implementation of a Benchmark Replacement, the Administrative Agent and the Borrower will have the right to make
          Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without
          any further action or consent of any other party to this Agreement or any other Loan Document.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; The Administrative Agent will promptly notify the Borrower and the Lenders of (i) any occurrence of a Benchmark Transition Event, (ii) the
          implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement Conforming Changes, (iv) the removal or reinstatement of any tenor of a Benchmark pursuant to clause (f) below and (v) the commencement or
          conclusion of any Benchmark Unavailability Period.&#160; Any determination, decision or election that may be made by the Administrative Agent or Lenders pursuant to this Section, including any determination with respect to a tenor, rate or adjustment
          or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and without
          consent from any other party to this Agreement or any other Loan Document, except, in each case, as expressly required pursuant to this Section.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; Notwithstanding anything to the contrary herein or in any other Loan Document, at any time (including in connection with the implementation
          of a Benchmark Replacement), (i) if the then-current Benchmark is a term rate (including the Term SOFR Rate or Term ESTR) and either (A) any tenor for such Benchmark is not displayed on a screen or other information service that publishes such
          rate from time to time as selected by the Administrative Agent in its reasonable discretion or (B) the regulatory supervisor for the administrator of such Benchmark has provided a public statement or publication of information announcing that any
          tenor for such Benchmark is or will be no longer representative, then the Administrative Agent may modify the definition of &#8220;Interest Period&#8221; for any Benchmark settings at or after such time to remove such unavailable or non-representative tenor
          and (ii) if a tenor that was removed pursuant to clause (i) above either (A) is subsequently displayed on a screen or information service for a Benchmark (including a Benchmark Replacement) or (B) is not, or is no longer, subject to an
          announcement that it is or will no longer be representative for a Benchmark (including a Benchmark Replacement), then the Administrative Agent may modify the definition of &#8220;Interest Period&#8221; for all Benchmark settings at or after such time to
          reinstate such previously removed tenor.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">100</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g)&#160; Upon the Borrower&#8217;s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any request for a
          Term Benchmark Borrowing of, conversion to or continuation of Term Benchmark Loans to be made, converted or continued during any Benchmark Unavailability Period and, failing that, either (x)&#160; the Borrower will be deemed to have converted any
          request for a Term Benchmark Borrowing denominated in dollars into a request for a Borrowing of or conversion to ABR Loans or (y) any Term Benchmark Borrowing or RFR Borrowing denominated in a Permitted Foreign Currency shall be ineffective.&#160;
          During any Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of ABR based upon the then-current Benchmark or such tenor for such Benchmark, as applicable, will not
          be used in any determination of ABR.&#160; Furthermore, if any Term Benchmark Loan or RFR Loan in any Permitted Foreign Currency is outstanding on the date of the Borrower&#8217;s receipt of notice of the commencement of a Benchmark Unavailability Period
          with respect to a Relevant Rate applicable to such Term Benchmark Loan or RFR Loan, then until such time as a Benchmark Replacement for such Permitted Foreign Currency is implemented pursuant to this Section 2.14, (i) if such Loan is denominated
          in Dollars, then on the last day of the Interest Period applicable to such Loan (or the next succeeding Business Day if such day is not a Business Day), such Loan shall be converted by the Administrative Agent to, and shall constitute, an ABR
          Loan denominated in Dollars on such day or (ii) if such Loan is denominated in any Permitted Foreign Currency, then (x) any Term Benchmark Loan shall, on the last day of the Interest Period applicable to such Loan (or the next succeeding Business
          Day if such day is not a Business Day), at the Borrower&#8217;s election prior to such day: (A) be prepaid by the Borrower on such day or (B) solely for the purpose of calculating the interest rate applicable to such Loan, such Loan denominated in any
          Permitted Foreign Currency shall be deemed to be a Term Benchmark Loan denominated in Dollars and shall accrue interest at the same interest rate applicable to Term Benchmark Loans denominated in Dollars at such time and (y) any RFR Loan shall
          bear interest at the Central Bank Rate plus the CBR Spread; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, if the Administrative Agent determines (which determination shall be conclusive and binding absent manifest
          error) that the Central Bank Rate cannot be determined, any outstanding affected RFR Loans, at the Borrower&#8217;s election, shall either (A) be converted into ABR Loans denominated in Dollars (in an amount equal to the Dollar Equivalent of such
          Permitted Foreign Currency) immediately or (B) be prepaid in full immediately.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.15.&#160; <font style="font-family: 'Times New Roman';"><u>Increased Costs.</u></font>&#160; (a)&#160; If any Change in Law shall:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(i)&#160; </font><font style="font-size: 10pt;">impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender or any
            Issuing Bank;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)&#160; </font><font style="font-size: 10pt;">impose on any Lender or any Issuing Bank or the applicable interbank market any other condition, cost or expense (other than Taxes) affecting this Agreement or Loans made by such Lender or any Letter of Credit or participation therein;
            or</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iii)&#160; </font><font style="font-size: 10pt;">subject any Recipient to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit,
            commitments or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">101</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">and the result of any of the foregoing shall be to increase the cost to such Lender or such other Recipient of making, converting to, continuing or maintaining any
        Loan (or of maintaining its obligation to make any such Loan) or to increase the cost to such Lender, such Issuing Bank or such other Recipient of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to
        participate in or to issue any Letter of Credit) or to reduce the amount of any sum received or receivable by such Lender, such Issuing Bank or such other Recipient hereunder (whether of principal, interest or otherwise), then, from time to time
        upon request of such Lender, such Issuing Bank or such other Recipient, the Borrower will pay to such Lender, such Issuing Bank or such other Recipient, as applicable, such additional amount or amounts as will compensate such Lender, such Issuing
        Bank or such other Recipient, as applicable, for such additional costs or expenses incurred or reduction suffered.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; If any Lender or any Issuing Bank determines that any Change in Law regarding capital or liquidity requirements has had or would have the
        effect of reducing the rate of return on such Lender&#8217;s or such Issuing Bank&#8217;s capital or on the capital of such Lender&#8217;s or such Issuing Bank&#8217;s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans
        made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by such Issuing Bank, to a level below that which such Lender or such Issuing Bank or such Lender&#8217;s or such Issuing Bank&#8217;s holding company could
        have achieved but for such Change in Law (taking into consideration such Lender&#8217;s or such Issuing Bank&#8217;s policies and the policies of such Lender&#8217;s or such Issuing Bank&#8217;s holding company with respect to capital adequacy), then, from time to time
        upon the request of such Lender or such Issuing Bank, the Borrower will pay to such Lender or such Issuing Bank, as applicable, such additional amount or amounts as will compensate such Lender or such Issuing Bank or such Lender&#8217;s or such Issuing
        Bank&#8217;s holding company for any such reduction suffered.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; A certificate of a Lender or an Issuing Bank setting forth in reasonable detail the amount or amounts necessary to compensate such Lender or
        such Issuing Bank or its holding company, as applicable, as specified in paragraph (a) or (b) of this Section and the calculation thereof shall be delivered to the Borrower and shall be conclusive absent manifest error.&#160; The Borrower shall pay such
        Lender or such Issuing Bank, as applicable, the amount shown as due on any such certificate within 30 days after receipt thereof.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Failure or delay on the part of any Lender or any Issuing Bank to demand compensation pursuant to this Section shall not constitute a waiver of
        such Lender&#8217;s or such Issuing Bank&#8217;s right to demand such compensation; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Borrower shall not be required to compensate a Lender or an Issuing Bank pursuant to this Section
        for any increased costs or expenses incurred or reductions suffered more than 180 days prior to the date that such Lender or such Issuing Bank, as applicable, notifies the Borrower of the Change in Law giving rise to such increased costs or
        expenses or reductions and of such Lender&#8217;s or such Issuing Bank&#8217;s intention to claim compensation therefor; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font>
        that, if the Change in Law giving rise to such increased costs or expenses or reductions is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; <font style="font-family: 'Times New Roman';">Notwithstanding any other provision of this Section, no Lender or Issuing Bank shall demand
          compensation for any increased cost or reduction pursuant to this Section if (i) it shall not at the time be the general policy or practice of such Lender or Issuing Bank to demand such compensation in similar circumstances under comparable
          provisions of other credit agreements and (ii) such increased cost or reduction is due to market disruption, unless such circumstances generally affect the banking market and when the Required Lenders have made such a </font>request<font style="font-family: 'Times New Roman';">.</font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">102</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.16.&#160; <font style="font-family: 'Times New Roman';"><u>Break Funding Payments.</u></font>&#160; (a)In the event of (i) the payment of any
        principal of any Term Benchmark Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (ii) the conversion of any Term Benchmark Loan other than on the last day of the Interest
        Period applicable thereto, (iii) the failure to borrow, convert, continue or prepay any Term Benchmark Loan on the date specified in any notice delivered pursuant hereto (whether or not such notice may be revoked in accordance with the terms
        hereof) or (iv) the assignment of any Term Benchmark Loan other than on the last day of the Interest Period applicable thereto as a result of a request by the Borrower pursuant to Section 2.19(b) or 9.02(c), then, in any such event, the Borrower
        shall compensate each Lender for the loss, cost and expense attributable to such event (excluding loss of profit).&#160; A certificate of any Lender setting forth in reasonable detail any amount or amounts that such Lender is entitled to receive
        pursuant to this Section and the reasons therefor, and showing the calculation thereof, shall be delivered to the Borrower and shall be conclusive absent manifest error.&#160; The Borrower shall pay such Lender the amount shown as due on any such
        certificate within 30 days after receipt thereof. Notwithstanding the foregoing, this Section will not apply to losses, costs or expenses resulting from Taxes.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; With respect to RFR Loans, in the event of (i) the payment of any principal of any RFR Loan other than on the Interest Payment Date applicable
        thereto (including as a result of an Event of Default), (ii) the failure to borrow or prepay any RFR Loan on the date specified in any notice delivered pursuant hereto (whether or not such notice may be revoked in accordance with the terms hereof),
        (iii) the assignment of any RFR Loan other than on the Interest Payment Date applicable thereto as a result of a request by the Borrower pursuant to Section 2.19(b) or 9.02(c), then, in any such event, the Borrower shall compensate each Lender for
        the loss, cost and expense attributable to such event. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this Section and the reasons therefor, and showing the calculation thereof,
        shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such certificate within 30 days after receipt thereof. Notwithstanding the foregoing, this Section
        will not apply to losses, costs or expenses resulting from Taxes.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.17.&#160; <font style="font-family: 'Times New Roman';"><u>Taxes.</u></font>&#160; (a)&#160; <font style="font-family: 'Times New Roman';"><u>Payment
              Free of Taxes.</u></font>&#160; Any and all payments by or on account of any obligation of any Loan Party under this Agreement or any other Loan Document shall be made without deduction or withholding for any Taxes, except as required by
          applicable law.&#160; If any applicable law (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent, then the applicable Withholding
          Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable law and, if such Tax is an Indemnified Tax, then the sum
          payable by the applicable Loan Party shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this Section) the applicable
          Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made.</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; <font style="font-family: 'Times New Roman';"><u>Payment of Other Taxes by the Loan Parties.</u></font>&#160; The Loan Parties shall timely pay to
        the relevant Governmental Authority in accordance with applicable law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; <font style="font-family: 'Times New Roman';"><u>Evidence of Payment.</u></font>&#160; As soon as practicable after any payment of Taxes by any
        Loan Party to a Governmental Authority pursuant to this Section, such Loan Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the
        return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">103</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; <font style="font-family: 'Times New Roman';"><u>Indemnification by the Loan Parties.</u></font>&#160; The Loan Parties shall jointly and severally
        indemnify each Recipient, within 10 days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section) payable or paid by such
        Recipient or required to be withheld or deducted from a payment to such Recipient and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the
        relevant Governmental Authority.&#160; A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a
        Lender, shall be conclusive absent manifest error.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; <font style="font-family: 'Times New Roman';"><u>Indemnification by the Lenders.</u></font>&#160; Each Lender shall severally indemnify the
        Administrative Agent, within 10 days after demand therefor, for (i) any Indemnified Taxes attributable to such Lender (but only to the extent that any Loan Party has not already indemnified the Administrative Agent for such Indemnified Taxes and
        without limiting the obligation of the Loan Parties to do so), (ii) any Taxes attributable to such Lender&#8217;s failure to comply with the provisions of Section 9.04(c) relating to the maintenance of a Participant Register and (iii) any Excluded Taxes
        attributable to such Lender, in each case that are payable or paid by the Administrative Agent in connection with this Agreement or any other Loan Document and any reasonable expenses arising therefrom or with respect thereto, whether or not such
        Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority.&#160; A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error.&#160;
        Each Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under this Agreement or any other Loan Document or otherwise payable by the Administrative Agent to such Lender from
        any other source against any amount due to the Administrative Agent under this paragraph (e).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; <font style="font-family: 'Times New Roman';"><u>Status of Lenders.</u></font>&#160; (i)&#160; Any Lender that is entitled to an exemption from, or
        reduction of, withholding Tax with respect to payments made under this Agreement or any other Loan Document shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative
        Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding.&#160; In addition, any Lender, if
        reasonably requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the
        Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements.&#160; Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission
        of such documentation (other than such documentation set forth in Section 2.17(f)(ii)(A), 2.17(f)(ii)(B) or 2.17(f)(ii)(D)) shall not be required if in the Lender&#8217;s reasonable judgment such completion, execution or submission would subject such
        Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)&#160; </font><font style="font-size: 10pt;">Without limiting the generality of the foregoing:</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(A)&#160; </font><font style="font-size: 10pt;">
            any Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the
            Borrower or the Administrative Agent), executed copies of IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding Tax;</font></div>
        <div><br>
          <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'; font-size: 8pt; font-weight: normal; font-style: normal;">104</font></div>
            <div style="page-break-after: always;" class="BRPFPageBreak">
              <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
          </div>
          <div style="margin-left: 72pt; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(B)&#160; </font><font style="font-size: 10pt;">any Foreign Lender shall, to the extent it is legally entitled to
              do so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time
              thereafter upon the reasonable request of the Borrower or the Administrative Agent), whichever of the following is applicable:</font></div>
          <div style="font-size: 10pt;"><br>
          </div>
        </div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 108pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(1)&#160; </font><font style="font-size: 10pt;">in the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under this Agreement or any other Loan Document, executed originals of IRS Form
            W-8BEN or Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the &#8220;interest&#8221; article of such tax treaty and (y) with respect to any other applicable payments under this Agreement or any other
            Loan Document, IRS Form W-8BEN or Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the &#8220;business profits&#8221; or &#8220;other income&#8221; article of such tax treaty;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 108pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(2)&#160; </font><font style="font-size: 10pt;">executed originals of IRS Form W-8ECI;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 108pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(3)&#160; </font><font style="font-size: 10pt;">in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Code, (x) a certificate substantially in the form of <font style="font-family: 'Times New Roman';"><u>Exhibit J-1</u></font>
            to the effect that such Foreign Lender is not a &#8220;bank&#8221; within the meaning of Section 881(c)(3)(A) of the Code, a &#8220;10-percent shareholder&#8221; of the Borrower within the meaning of Section 871(h)(3)(B) of the Code or a &#8220;controlled foreign
            corporation&#8221; described in Section 881(c)(3)(C) of the Code (a &#8220;<font style="font-family: 'Times New Roman';"><u>U.S. Tax Compliance Certificate</u></font>&#8221;) and (y) executed originals of IRS Form W-8BEN or Form W-8BEN-E; or</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 108pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(4)&#160; </font><font style="font-size: 10pt;">to the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN or Form W-8BEN-E, a U.S. Tax Compliance Certificate substantially in the form of <font style="font-family: 'Times New Roman';"><u>Exhibit J-2</u></font> or <font style="font-family: 'Times New Roman';"><u>Exhibit J-3</u></font>, IRS Form W-9 and/or another certification document from each beneficial owner, as applicable; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender
            may provide a U.S. Tax Compliance Certificate substantially in the form of <font style="font-family: 'Times New Roman';"><u>Exhibit J-4</u></font> on behalf of each such direct or indirect partner;</font></div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(C)&#160; </font><font style="font-size: 10pt;">any




            Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender
            becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of any other form prescribed by applicable law as a basis for claiming
            exemption from, or a reduction in, U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable law to permit the Borrower or the Administrative Agent to determine the
            withholding or deduction required to be made; and</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">105</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(D)&#160; </font><font style="font-size: 10pt;">if




            a payment made to a Lender under this Agreement or any other Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including
            those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the
            Borrower or the Administrative Agent such documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative
            Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender&#8217;s obligations under FATCA or to determine the amount, if any,
            to deduct and withhold from such payment.&#160; Solely for purposes of this clause (D), &#8220;FATCA&#8221; shall include any amendments made to FATCA after the Closing Date.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">Each Lender agrees that if any form or certification it previously delivered expires or becomes obsolete or inaccurate in any respect, it shall
        update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do so.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g)&#160; <font style="font-family: 'Times New Roman';"><u>Treatment of Certain Refunds.</u></font>&#160; If any party determines, in its sole discretion
        exercised in good faith, that it has received a refund of any Taxes as to which it has been indemnified pursuant to this Section (including by the payment of additional amounts paid pursuant to this Section), it shall pay to the indemnifying party
        an amount equal to such refund (but only to the extent of indemnity payments made under this Section with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party and without
        interest (other than any interest paid by the relevant Governmental Authority with respect to such refund).&#160; Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to
        this paragraph (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) in the event that such indemnified party is required to repay such refund to such Governmental Authority.&#160; Notwithstanding anything to the
        contrary in this paragraph, in no event will any indemnified party be required to pay any amount to any indemnifying party pursuant to this paragraph the payment of which would place such indemnified party in a less favorable net after-Tax position
        than such indemnified party would have been in if the indemnification payments or additional amounts giving rise to such refund had never been paid.&#160; This paragraph shall not be construed to require any indemnified party to make available its Tax
        returns (or any other information relating to its Taxes that it deems confidential) to the indemnifying party or any other Person.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(h)&#160; <font style="font-family: 'Times New Roman';"><u>Survival.</u></font>&#160; Each party&#8217;s obligations under this Section shall survive the
        resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all obligations under the Loan Documents.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(i)&#160; For purposes of this Section, the term &#8220;Lender&#8221; includes any Issuing Bank and the term &#8220;applicable law&#8221; includes FATCA.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">106</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.18.&#160; <font style="font-family: 'Times New Roman';"><u>Payments Generally; Pro Rata Treatment; Sharing of Setoffs.</u></font>&#160; (a)&#160;
          Except to the extent otherwise provided herein, the Borrower shall make each payment required to be made by it hereunder or under any other Loan Document (whether of principal, interest, fees or reimbursement of LC Disbursements, or of amounts
          payable under Section 2.15, 2.16 or 2.17, or otherwise) prior to the time expressly required hereunder or under such other Loan Document for such payment (or, if no such time is expressly required, prior to 1:00 p.m., New York City time), on the
          date when due, in immediately available funds, without any defense, setoff, recoupment or counterclaim.&#160; Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the
          next succeeding Business Day for purposes of calculating interest thereon.&#160; All such payments shall be made to such account or accounts as may be specified by the Administrative Agent, except that payments required to be made directly to any
          Issuing Bank shall be so made, payments pursuant to Sections 2.15, 2.16, 2.17 and 9.03 shall be made directly to the Persons entitled thereto and payments pursuant to other Loan Documents shall be made to the Persons specified therein.&#160; The
          Administrative Agent shall distribute any such payment received by it for the account of any other Person to the appropriate recipient promptly following receipt thereof.&#160; If any payment under this Agreement or any other Loan Document shall be
          due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension.&#160; All
          payments hereunder of principal or interest in respect of any Loan or LC Disbursement shall, except as otherwise expressly provided herein, be made in the currency of such Loan or LC Disbursement; all other payments hereunder and under each other
          Loan Document shall be made in Dollars.</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, unreimbursed
        LC Disbursements, interest and fees then due hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due to such parties, and (ii) second, towards payment of principal and unreimbursed LC Disbursements then due
        hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed LC Disbursements then due to such parties.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; If any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of or interest
        on any of its Revolving Loans, Term Loans or participations in LC Disbursements resulting in such Lender receiving payment of a greater proportion of the aggregate amount of its Revolving Loans, Term Loans and participations in LC Disbursements and
        accrued interest thereon than the proportion received by any other Lender, then the Lender receiving such greater proportion shall notify the Administrative Agent of such fact and shall purchase (for cash at face value) participations in the
        Revolving Loans, Term Loans and participations in LC Disbursements of other Lenders to the extent necessary so that the aggregate amount of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of
        principal of and accrued interest on their respective Revolving Loans, Term Loans and participations in LC Disbursements; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that if any such participations are purchased and all or
        any portion of the payment giving rise thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest.&#160; The Borrower consents to the foregoing and agrees, to the extent
        it may effectively do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrower rights of setoff and counterclaim with respect to such participation as fully as if
        such Lender were a direct creditor of the Borrower in the amount of such participation.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">107</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Unless the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the
        Administrative Agent for the account of the Lenders or the Issuing Banks hereunder that the Borrower will not make such payment, the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and
        may, in reliance upon such assumption and in its sole discretion, distribute to the Lenders or the Issuing Banks, as applicable, the amount due.&#160; In such event, if the Borrower has not in fact made such payment, then each of the Lenders or the
        Issuing Banks, as applicable, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender or such Issuing Bank with interest thereon, for each day from and including the date such amount is
        distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the NYFRB Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; If any Lender shall fail to make any payment required to be made by it pursuant to Section 2.05(d) or (e), 2.06(a) or (b), 2.17(e), 2.18(d) or
        9.03(c), then the Administrative Agent may, in its discretion (notwithstanding any contrary provision hereof), (i) apply any amounts thereafter received by the Administrative Agent for the account of such Lender to satisfy such Lender&#8217;s obligations
        in respect of such payment until all such unsatisfied obligations have been discharged and/or (ii) hold any such amounts in a segregated account as cash collateral for, and application to, any future funding obligations of such Lender under any
        such Section, in the case of each of clauses (i) and (ii) above, in any order as determined by the Administrative Agent in its discretion.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.19.&#160; <font style="font-family: 'Times New Roman';"><u>Mitigation Obligations; Replacement of Lenders.</u></font>&#160; (a)&#160; If any Lender
          requests compensation under Section 2.15, or if any Loan Party is required to pay any Indemnified Taxes or additional amounts to any Lender or to any Governmental Authority for the account of any Lender pursuant to Section 2.17, then such Lender
          shall (at the request of the Borrower) use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or its participation in any Letter of Credit affected by such event, or to assign and delegate its
          rights and obligations hereunder to another of its offices, branches or Affiliates, if, in the judgment of such Lender, such designation or assignment and delegation (i) would eliminate or reduce amounts payable pursuant to Section 2.15 or 2.17,
          as applicable, in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender in any material respect. The Borrower hereby agree to pay all reasonable and
          documented assignment fees in connection with any such designation or assignment and delegation.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">108</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; If (i) any Lender has requested compensation under Section 2.15, (ii) a Loan Party is required to pay any Indemnified Taxes or additional
          amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, (iii) any Lender has become a Defaulting Lender or (iv) any Lender has become a Declining Lender under Section 2.22, then the Borrower
          may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 9.04), all its
          interests, rights (other than its existing rights to payments pursuant to Section 2.15 or 2.17) and obligations under this Agreement and the other Loan Documents (or, in the case of any such assignment and delegation resulting from a Lender
          having become a Declining Lender, all its interests, rights and obligations under this Agreement and the other Loan Documents as a Lender of the applicable Class with respect to which such Lender is a Declining Lender) to an Eligible Assignee
          that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment and delegation); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (A) the Borrower shall have received the
          prior written consent of the Administrative Agent to the extent such consent would be required under Section 9.04(b) for an assignment of Loans or Commitments, as applicable (and, if a Revolving Commitment is being assigned, each Issuing Bank),
          which consent shall not unreasonably be withheld or delayed, (B) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans and unreimbursed participations in LC Disbursements, accrued interest thereon,
          accrued but unpaid fees and all other amounts payable to it hereunder (including, if applicable, the prepayment fee pursuant to Section 2.11(i) (with such assignment being deemed to be an optional prepayment for purposes of determining the
          applicability of such Section)) (if applicable, in each case only to the extent such amounts relate to its interest as a Lender of a particular Class) from the assignee (in the case of such principal and accrued interest and fees (other than any
          fee payable pursuant to Section 2.11(i)) or the Borrower (in the case of all other amounts (including any fee payable pursuant to Section 2.11(i)), (C) the Borrower or such assignee shall have paid (unless waived) to the Administrative Agent the
          processing and recordation fee specified in Section 9.04(b), (D) in the case of any such assignment and delegation resulting from a claim for compensation under Section 2.15 or payments required to be made pursuant to Section 2.17, such
          assignment will result in a material reduction in such compensation or payments <font style="font-family: 'Times New Roman';">and (E) such assignment and delegation </font>does not conflict with applicable law.&#160; A Lender shall not be required
          to make any such assignment and delegation if, prior thereto, as a result of a waiver or consent by such Lender or otherwise (including as a result of any action taken by such Lender under paragraph (a) above), the circumstances entitling the
          Borrower to require such assignment and delegation have ceased to apply. Each party hereto agrees that an assignment required pursuant to this paragraph may be effected pursuant to an Assignment and Assumption executed by the Borrower, the
          Administrative Agent and the assignee and that the Lender required to make such assignment need not be a party thereto.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.20.&#160; <font style="font-family: 'Times New Roman';"><u>Defaulting Lenders.</u></font>&#160; Notwithstanding any provision of this Agreement
          to the contrary, if any Lender becomes a Defaulting Lender, then the following provisions shall apply for so long as such Lender is a Defaulting Lender:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; commitment fees shall cease to accrue on the unfunded portion of the Commitment of such Defaulting Lender pursuant to Section 2.12(a);</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; the Commitments, Loans and Revolving Exposure of such Defaulting Lender shall not be included in determining whether the Required Lenders or
        any other requisite Lenders have taken or may take any action hereunder or under any other Loan Document (including any consent to any amendment, waiver or other modification pursuant to Section 9.02); <font style="font-family: 'Times New Roman';"><u>provided</u></font>
        that any amendment, waiver or other modification requiring the consent of all Lenders or all Lenders adversely affected thereby shall, except as otherwise provided in Section 9.02, require the consent of such Defaulting Lender in accordance with
        the terms hereof;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; if any LC Exposure exists at the time a Revolving Lender becomes a Defaulting Lender, then:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(i)&#160; </font><font style="font-size: 10pt;">[reserved];</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">109</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)&#160; </font><font style="font-size: 10pt;">all or any part of the LC Exposure (other than any portion thereof attributable to unreimbursed LC Disbursements with respect to which such Defaulting Lender shall have funded its participation as contemplated by Sections 2.05(e) and
            2.05(f)) of such Defaulting Lender shall be reallocated among the non-Defaulting Revolver Lenders in accordance with their respective Applicable Percentages but only to the extent that (x) the sum of all non-Defaulting Revolving Lenders&#8217;
            Revolving Exposures plus such Defaulting Lender&#8217;s LC Exposure does not exceed the sum of all non-Defaulting Revolving Lenders&#8217; Revolving Commitments<font style="font-family: 'Times New Roman';"> and </font>(y) such reallocation does not cause
            the aggregate Revolving Exposure of any non-Defaulting Lender to exceed such non-Defaulting Lender&#8217;s Revolving Commitment<font style="font-family: 'Times New Roman';">; <u>provided</u> that, subject to <u>Section 9.18</u>, </font>no
            reallocation under this clause (ii) shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a non-Defaulting Lender
            as a result of such non-Defaulting Lender&#8217;s increased exposure following such reallocation;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iii)&#160; </font><font style="font-size: 10pt;">if the reallocation described in clause (ii) above cannot, or can only partially, be effected, the Borrower shall within one Business Day following notice by the Administrative Agent cash collateralize for the benefit of the Issuing
            Banks the portion of such Defaulting Lender&#8217;s LC Exposure that has not been reallocated in accordance with the procedures set forth in Section 2.05(i) for so long as such LC Exposure is outstanding;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iv)&#160; </font><font style="font-size: 10pt;">if any portion of such Defaulting Lender&#8217;s LC Exposure is cash collateralized pursuant to clause (iii) above, the Borrower shall not be required to pay participation fees to such Defaulting Lender pursuant to Section 2.12(b) with respect
            to such portion of such Defaulting Lender&#8217;s LC Exposure for so long as such Defaulting Lender&#8217;s LC Exposure is cash collateralized;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(v)&#160; </font><font style="font-size: 10pt;">if any portion of the LC Exposure of such Defaulting Lender is reallocated pursuant to clause (ii) above, then the fees payable to the Lenders pursuant to Sections 2.12(a) and 2.12(b) shall be adjusted to give effect to such
            reallocation;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(vi)&#160; </font><font style="font-size: 10pt;">[reserved]; and</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(vii)&#160; </font><font style="font-size: 10pt;">if all or any portion of such Defaulting Lender&#8217;s LC Exposure is neither reallocated nor cash collateralized pursuant to clause (ii) or (iii) above, then, without prejudice to any rights or remedies of any Issuing Bank or any other
            Lender hereunder, all participation fees payable under Section 2.12(b) with respect to such Defaulting Lender&#8217;s LC Exposure shall be payable to the Issuing Banks (and allocated among them ratably based on the amount of such Defaulting Lender&#8217;s
            LC Exposure attributable to Letters of Credit issued by each Issuing Bank) until and to the extent that such LC Exposure is reallocated and/or cash collateralized; and</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; so long as such Revolving Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, amend, renew or extend any Letter of
        Credit unless it is satisfied that the related exposure and the Defaulting Lender&#8217;s then outstanding LC Exposure will be fully covered by the Revolving Commitments of the non-Defaulting Revolving Lenders and/or cash collateral provided by the
        Borrower in accordance with Section 2.20(c), and participating interests in any such issued, amended, renewed or extended Letter of Credit will be allocated among the non-Defaulting Revolving Lenders in a manner consistent with Section 2.20(c)(ii)
        (and such Defaulting Lender shall not participate therein).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">110</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">In the event that (i) a Bankruptcy Event with respect to a Revolving Lender Parent shall occur following the Closing Date and for so long as such
        Bankruptcy Event shall continue or (ii) any applicable Issuing Bank has a good faith belief that any Revolving Lender has defaulted in fulfilling its obligations under one or more other agreements in which such Lender commits to extend credit, such
        Issuing Bank shall not be required to issue, amend, renew or extend any Letter of Credit, unless such Issuing Bank shall have entered into arrangements with the Borrower or the applicable Revolving Lender, satisfactory to such Issuing Bank to
        defease any risk to it in respect of such Lender hereunder.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">In the event that the Administrative Agent, the Borrower and each applicable Issuing Bank each agrees that a Defaulting Lender has adequately
        remedied all matters that caused the applicable Revolving Lender to be a Defaulting Lender, then the LC Exposure of the Revolving Lenders shall be readjusted to reflect the inclusion of such Revolving Lender&#8217;s Revolving Commitment and on such date
        such Revolving Lender shall purchase at par such of the Revolving Loans of the applicable Class of the other Revolving Lenders of such Class as the Administrative Agent shall determine may be necessary in order for such Revolving Lender to hold
        such Revolving Loans of such Class in accordance with its Applicable Percentage; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that no adjustments will be made retroactively with respect to fees accrued or payments made by
        or on behalf of the Borrower while such Revolving Lender was a Defaulting Lender; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font> that, except as otherwise
        expressly agreed by the affected parties, no change hereunder from a Defaulting Lender to a non-Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from such Revolving Lender&#8217;s having been a Defaulting
        Lender.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">111</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.21.&#160; <font style="font-family: 'Times New Roman';"><u>Incremental Extensions of Credit.</u></font>&#160; (a)&#160; At any time and from time to
          time, commencing on the Closing Date and ending on the latest Maturity Date, subject to the terms and conditions set forth herein, the Borrower may, by notice to the Administrative Agent (whereupon the Administrative Agent shall promptly deliver
          a copy to each of the Lenders), request (i) to add one or more additional tranches of term loans denominated in Dollars (the &#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Term Loans</u></font>&#8221;), (ii) <font style="font-family: 'Times New Roman';">one or more increases in the aggregate amount of any Class of Term Loans (each such increase, a &#8220;<u>Incremental Term Loan Increase</u>&#8221;), </font>(iii) to add one or more additional tranches of revolving commitments (each,
          an &#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Revolving Commitment</u></font>&#8221;, and the loans made pursuant thereto, the &#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Revolving Loans</u></font>&#8221;), (iv) solely
          during the Revolving Availability Period, one or more increases in the aggregate amount of the Revolving Commitments (each such increase, a &#8220;<font style="font-family: 'Times New Roman';"><u>Revolving Commitment Increase</u></font>&#8221; and, together
          with the Incremental Term Loans, any <font style="font-family: 'Times New Roman';">Incremental Term Loan Increase</font>, any Alternative Incremental Facility Debt and the Incremental Revolving Commitments, the &#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Extensions of Credit</u></font>&#8221;, the Incremental Revolving Commitments and the Incremental Revolving Loans, together with the Incremental Term Loans, any Revolving Commitment Increase and any <font style="font-family: 'Times New Roman';">Incremental Term Loan Increase</font>, the &#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Facilities</u></font>&#8221;)) or (v) Alternative Incremental Facility Debt, in an aggregate principal
          amount of up to (i) the sum of (x) the greater of $300,000,000 and 75.0% of Consolidated EBITDA for the four consecutive fiscal quarters of the Borrower most recently ended on such date for which financial statements have been delivered pursuant
          to Section 5.01(a) or (b), <font style="font-family: 'Times New Roman';"><u>plus</u></font> (y) the amount of any voluntary prepayments of the Term Loans and any Alternative Incremental Facility Debt and permanent reductions in the amount of the
          Revolving Commitments, in each case, to the extent not funded with long-term Indebtedness&#160; (the sum of (x) and (y), the &#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Dollar Basket</u></font>&#8221;), <font style="font-family: 'Times New Roman';"><u>plus</u></font> (ii) an additional amount if both (x) after giving effect to the incurrence of such additional amount and the application of the proceeds therefrom (assuming that the full amount of such Incremental Extensions of
          Credit <font style="font-family: 'Times New Roman';">being established on such date has been funded on such date</font>), the Consolidated Total Leverage Ratio is equal to or less than 1.50 to 1.00 (assuming any such Incremental Revolving
          Commitments being established on such date are fully drawn and excluding any amounts incurred concurrently in reliance on the Incremental Dollar Basket) (it being understood that if the proceeds of the relevant Incremental Extensions of Credit
          will be applied to finance a Limited Condition Transaction and the Borrower has made an LCT Election, compliance with the Consolidated Total Leverage Ratio test prescribed above may be determined as of the LCT Test Date in respect of such Limited
          Condition Transaction on a Pro Forma Basis) and (y) the Consolidated Total Leverage Ratio as at the end of each of the two most recently ended fiscal quarters for which financial statements have been delivered pursuant to Section 5.01(a) or (b)
          is equal to or less than 1.50 to 1.00 (this clause (i), the &#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Ratio Basket</u></font>&#8221;); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, at the time of each
          such request and upon the effectiveness of each Incremental Facility Amendment, (A) no Event of Default has occurred and is continuing or shall result therefrom (or, in the event the proceeds of any Incremental Extension of Credit are used to
          finance any Limited Condition Transaction permitted hereunder for which the Borrower has made an LCT Election, no Event of Default shall exist and be continuing as of the LCT Test Date for such Limited Condition Transaction), (B) the
          representations and warranties of the Borrower and each other Loan Party, as applicable, set forth in the Loan Documents would be true and correct in all material respects (or, in the case of representations and warranties qualified as to
          materiality or Material Adverse Effect, in all respects) on and as of the date of, and immediately after giving effect to, the incurrence of such Incremental Extension of Credit (or, if incurred in connection with a Limited Condition Transaction,
          on the LCT Test Date) (<font style="font-family: 'Times New Roman';"><u>provided</u></font> that in the event the proceeds of any Incremental Extension of Credit are used to finance any Investment permitted hereunder, such condition precedent
          related to the making and accuracy of such representations and warranties may be waived or limited as agreed between the Borrower and the Lenders providing such Incremental Extension of Credit, without the consent of any other Lenders) and (C)
          the Borrower shall have delivered a certificate of a Financial Officer to the effect set forth in clauses (A) and (B) above; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font>
          that in the event that the Borrower incurs any Incremental Facility or Alternative Incremental Facility Debt in reliance on clause (x) of the Incremental Dollar Basket for the purpose of refinancing all or any portion of the Borrower&#8217;s 4.625%
          Notes due 2024 (the &#8220;<font style="font-family: 'Times New Roman';"><u>2024 Notes</u></font>&#8221;), the Borrower shall, within five Business Days of the incurrence of such Indebtedness, apply any Net Proceeds thereof not so applied to the refinancing
          of the 2024 Notes (including principal, accrued interest and any make-whole premium payable in respect thereof) to the prepayment of Tranche A Term Loans pursuant to Section 2.11(a) (it being agreed that such prepayment shall not reduce the
          amount of any amortization payments in respect of the Tranche A Term Loans pursuant to Section 2.10).&#160; Each Class of Incremental Term Loans and Incremental Revolving Commitments, and each Revolving Commitment Increase, shall be in an integral
          multiple of the $5,000,000 and be in an aggregate principal amount that is not less than $25,000,000; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that such amount may be less than $25,000,000 if such amount represents
          all the remaining availability under the aggregate principal amount of Incremental Extensions of Credit set forth above.&#160; </div>
        <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">112</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; The Incremental Facilities (i) shall be documented pursuant to an Incremental Facility Amendment and rank <font style="font-family: 'Times New Roman';"><u>pari</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>passu</u></font> in right of payment in respect of the Collateral and with the Obligations in respect of the Revolving Commitments and the Initial Term Loans, (ii)
          shall not have a borrower other than the Borrower, (iii) shall not be secured by any property or assets of the Borrower or any Restricted Subsidiary other than the Collateral or guaranteed by any Subsidiaries other than the Loan Parties and (iv)
          shall, except as otherwise set forth herein, be on terms and subject to conditions as agreed between the Borrower and the Lenders providing the applicable Incremental Extension of Credit and to the extent such terms (other than with respect to
          maturity, amortization and pricing) are inconsistent with those governing the other Loans hereunder, the covenants and events of default of any Incremental Facility shall be, when taken as a whole, no more favorable to the Lenders providing the
          applicable Incremental Facility than the terms governing the Loans hereunder (as determined in good faith by the Borrower), unless (1) the Lenders receive the benefit of such more restrictive terms (it being understood to the extent that any
          covenant is added for the benefit of any Incremental Facility, no consent shall be required from the Administrative Agent or any Lender to the extent that such covenant is also added for the benefit of the Lenders), (2) such more restrictive
          terms only apply after the Latest Maturity Date or (3) such terms shall be reasonably satisfactory to the Administrative Agent and the Borrower; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font>, that (A) any Incremental Tranche A Term Loan shall not have (1) a final maturity date earlier than the Tranche A Term Maturity Date (but may have &#8220;springing maturity&#8221; provisions that are not more
          favorable to the lenders than those contained in this Agreement with respect to the Tranche A Term Loans) or (2) a weighted average life to maturity that is shorter than the remaining weighted average life to maturity of the then-remaining
          Tranche A Term Loans; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the requirements set forth in the foregoing clause (A) shall not apply to any Indebtedness consisting of a customary bridge facility so long as such
          bridge facility converts into long-term Indebtedness that satisfies this clause (A); (B) any Incremental Tranche B Term Loan shall not have (1) a final maturity date earlier than the Maturity Date for any then outstanding Term Loans (but may have
          &#8220;springing maturity&#8221; provisions that are not more favorable to the lenders than those contained in this Agreement with respect to the then outstanding Term Loans) or (2) a weighted average life to maturity that is shorter than the remaining
          weighted average life to maturity of the then-remaining Term Loans; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the requirements set forth in the foregoing clause (B) shall not apply to any Indebtedness consisting
          of a customary bridge facility so long as such bridge facility converts into long-term Indebtedness that satisfies this clause (B); (C) any Incremental Revolving Commitment or any Revolving Commitment Increase shall not have a maturity date that
          is earlier than the Revolving Maturity Date and shall not require any scheduled amortization or mandatory commitment reductions prior to the Revolving Maturity Date and<font style="font-family: 'Times New Roman';"> (D) any Incremental Term Loan
            Increase shall be treated the same as the Class of Term Loans being increased (including with respect to maturity date thereof), shall be considered to be part of the Class of Term Loans being increased and shall be on the same terms applicable
            to such Term Loans. </font>Notwithstanding anything to the contrary in this Agreement and for the avoidance of doubt, any Incremental Facility Amendment may contain &#8220;most favored lender&#8221; and call protection provisions and, in the case of any
          Incremental Facility Amendment documenting any Incremental Tranche B Term Loan, provisions then customary for loans of such Type<font style="font-family: 'Times New Roman';">.&#160; Notwithstanding the foregoing, if the all-in-yield applicable to any
            such Incremental Tranche B Term Loan determined as of the initial funding date for such Incremental Tranche B Term Loan is more than 0.50% higher than the corresponding all-in-yield applicable to the Incremental Tranche B Term Loans or the
            Refinancing Tranche B Term Loans, then the interest rate margin for the Incremental Tranche B Term Loans or the Refinancing Tranche B Term Loans, as the case may be, shall be increased by an amount equal to the difference between the
            all-in-yield with respect to such Incremental Tranche B Term Loan and the corresponding all-in-yield on the Incremental Tranche B Term Loans or Refinancing Tranche B Term Loans, as applicable, <u>minus</u> 0.50% (for purposes of such
            calculation and with respect to any such facility, (x) subject to clause (z) below, all-in yield shall be deemed to include all upfront fees and original issue discount (based on a four-year average life to maturity or, if less, the remaining
            life to maturity) payable to all lenders providing such facility, (y) if the Incremental Tranche B Term Loan includes an interest rate floor greater than the applicable interest rate floor with respect to the Incremental Tranche B Term Loans or
            the Refinancing Tranche B Term Loans and such floor is greater than the Adjusted Term SOFR Rate for a 3-month Interest Period at such time, such excess amount (above the greater of such floor and such Adjusted Term SOFR Rate) shall be equated
            to the applicable interest rate margin for purposes of determining whether an increase to the interest rate margin under the Incremental Tranche B Term Loans or the Refinancing Tranche B Term Loans shall be required, but only to the extent an
            increase in the interest rate floor in the Incremental Tranche B Term Loans or the Refinancing Tranche B Term Loans, as applicable, would cause an increase in the interest rate then in effect thereunder, and in such case, the interest rate
            floor (but not the interest rate margin) applicable to the Incremental Tranche B Term Loans or the Refinancing Tranche B Term Loans, as applicable, shall be increased to the extent of such excess and (z) all-in yield shall exclude structuring,
            advisory, success, underwriting, commitment, arrangement, ticking, amendment, consent and similar fees payable in connection therewith whether or not shared with all lenders providing such facility and any other fees not paid by the Borrower
            generally to all lenders providing such facility ratably or, if only one lender (or affiliated group of lenders) is providing such facility, are fees of the type not customarily shared with lenders generally).</font></div>
        <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">113</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; Any additional bank, financial institution, existing Lender or other Person that elects to extend Incremental Extensions of Credit (i) shall,
          to the extent a consent would be required under Section 9.04 if such additional bank, financial institution, existing Lender or other Person were taking an assignment of Loans or Commitments, be approved by the Borrower and the Administrative
          Agent (and, in the case of any Incremental Revolving Commitment or Revolving Commitment Increase, each applicable Issuing Bank) (such approval not be unreasonably withheld) (any such bank, financial institution, existing Lender or other Person
          being called an &#8220;<font style="font-family: 'Times New Roman';"><u>Additional Lender</u></font>&#8221;) and (ii) if not already a Lender, shall become a Lender under this Agreement pursuant to an amendment (an &#8220;<font style="font-family: 'Times New Roman';"><u>Incremental Facility Amendment</u></font>&#8221;) to this Agreement and, as appropriate, the other Loan Documents, executed by the Borrower, each such Additional Lender and the Administrative Agent.&#160; No Lender shall be obligated to
          provide any Incremental Extension of Credit unless it so agrees.&#160; Commitments in respect of any Incremental Extension of Credit shall become Commitments (or in the case of any Revolving Commitment Increase to be provided by an existing Revolving
          Lender, an increase in such Lender&#8217;s Revolving Commitment) under this Agreement upon the effectiveness of the applicable Incremental Facility Amendment.&#160; An Incremental Facility Amendment may, without the consent of any other Lenders, effect such
          amendments to this Agreement or to any other Loan Document as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section (including to provide for voting provisions applicable to the
          Additional Lenders comparable to the provisions of clause (B) of the second proviso of Section 9.02(b)).&#160; To the extent required by the relevant Additional Lenders as set forth in the relevant Incremental Facility Amendment, the effectiveness of
          any Incremental Facility Amendment and the making of the initial Borrowings thereunder shall be subject to the satisfaction on the effective date thereof of each of the conditions set forth in clauses (a) and (b) of Section 4.02 (it being
          understood and agreed that all references to a Borrowing in clauses (a) and (b) of Section 4.02 shall be deemed to refer to the applicable Incremental Facility Amendment).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">114</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; On the date of effectiveness of any Revolving Commitment Increase, (i) the aggregate principal amount of the Revolving Loans outstanding (the &#8220;<font style="font-family: 'Times New Roman';"><u>Existing Revolving Borrowings</u></font>&#8221;) immediately prior to the effectiveness of such Revolving Commitment Increase shall be deemed to be repaid, (ii) each Revolving Commitment Increase Lender that
        shall have had a Revolving Commitment prior to the effectiveness of such Revolving Commitment Increase shall pay to the Administrative Agent in same day funds an amount equal to the amount, if any, by which (A) (1) such Revolving Commitment
        Increase Lender&#8217;s Applicable Percentage (calculated after giving effect to the effectiveness of such Revolving Commitment Increase) multiplied by (2) the aggregate principal amount of the Resulting Revolving Borrowings (as hereinafter defined)
        exceeds (B) (1) such Revolving Commitment Increase Lender&#8217;s Applicable Percentage (calculated without giving effect to the effectiveness of such Revolving Commitment Increase) multiplied by (2) the aggregate principal amount of the Existing
        Revolving Borrowings, (iii) each Revolving Commitment Increase Lender that shall not have had a Revolving Commitment prior to the effectiveness of such Revolving Commitment Increase shall pay to the Administrative Agent in same day funds an amount
        equal to (1) such Revolving Commitment Increase Lender&#8217;s Applicable Percentage (calculated after giving effect to the effectiveness of such Revolving Commitment Increase) multiplied by (2) the aggregate principal amount of the Resulting Revolving
        Borrowings, (iv) after the Administrative Agent receives the funds specified in clauses (ii) and (iii) above, the Administrative Agent shall pay to each Revolving Lender of the Applicable Class the portion of such funds that is equal to the amount,
        if any, by which (A) (1) such Revolving Lender&#8217;s Applicable Percentage (calculated without giving effect to the effectiveness of such Revolving Commitment Increase) multiplied by (2) the aggregate principal amount of the Existing Revolving
        Borrowings, exceeds (B) (1) such Revolving Lender&#8217;s Applicable Percentage (calculated after giving effect to the effectiveness of such Revolving Commitment Increase) multiplied by (2) the aggregate principal amount of the Resulting Revolving
        Borrowings, (v) after the effectiveness of such Revolving Commitment Increase, the Borrower shall be deemed to have made new Revolving Borrowings (the &#8220;<font style="font-family: 'Times New Roman';"><u>Resulting Revolving Borrowings</u></font>&#8221;) in
        an aggregate principal amount equal to the aggregate principal amount of the Existing Revolving Borrowings and of the Types and for the Interest Periods specified in a Borrowing Request delivered to the Administrative Agent in accordance with
        Section 2.03 (and the Borrower shall deliver such Borrowing Request), (vi) each Revolving Lender of the Applicable Class shall be deemed to hold its Applicable Percentage of each Resulting Revolving Borrowing (calculated after giving effect to the
        effectiveness of such Revolving Commitment Increase) and (vii) the Borrower shall pay each Revolving Lender any and all accrued but unpaid interest on its Loans comprising the Existing Revolving Borrowings.&#160; The deemed payments of the Existing
        Revolving Borrowings made pursuant to clause (i) above shall be subject to compensation by the Borrower pursuant to the provisions of Section 2.16 if the date of the effectiveness of such Revolving Commitment Increase occurs other than on the last
        day of the Interest Period relating thereto.&#160; Upon each Revolving Commitment Increase pursuant to this Section, each Revolving Lender immediately prior to such increase will automatically and without further act be deemed to have assigned to each
        Revolving Commitment Increase Lender, and each such Revolving Commitment Increase Lender will automatically and without further act be deemed to have assumed, a portion of such Revolving Lender&#8217;s participations hereunder in outstanding Letters of
        Credit such that, after giving effect to such Revolving Commitment Increase and each such deemed assignment and assumption of participations, the percentage of the aggregate outstanding participations hereunder in Letters of Credit held by each
        Revolving Lender (including each such Revolving Commitment Increase Lender) will equal such Revolving Lender&#8217;s Applicable Percentage.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; Notwithstanding anything to the contrary contained in this Section, unless the Administrative Agent shall agree otherwise, after giving effect
        to any transaction contemplated in this Section, there shall not be more than six Classes of Loans or Commitments (including any revolving and term loan facilities) hereunder at any one time outstanding.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; The Borrower may (i) incur Incremental Facilities under the Incremental Dollar Basket or the Incremental Ratio Basket in such order as it may
        elect in its sole discretion and shall be allowed to classify under which basket such Incremental Facilities are being incurred at the time of such Incurrence and (ii) later reclassify Indebtedness incurred under the Incremental Dollar Basket as
        incurred under the Incremental Ratio Basket, if at the time of such reclassification, the Borrower would have been permitted to incur such Indebtedness under the Incremental Ratio Basket.</div>
      <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">115</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 2.22.&#160; <font style="font-family: 'Times New Roman';"><u>Extension of Maturity Date</u></font>.<br>
        </div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; The Borrower may, by delivery of a Maturity Date Extension Request to the Administrative Agent (which shall promptly deliver a copy thereof
          to each of the Lenders) not less than 30 days prior to the then-existing Maturity Date for the applicable Class of Commitments and/or Loans hereunder to be extended (the &#8220;<font style="font-family: 'Times New Roman';"><u>Existing Maturity Date</u></font>&#8221;),




          request that the Lenders extend the Existing Maturity Date in accordance with this Section; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, for the avoidance of doubt, each Lender may elect to agree or not agree, in
          its sole discretion, to an extension of a Maturity Date.&#160; Each Maturity Date Extension Request shall (i) specify the applicable Class of Commitments and/or Loans hereunder to be extended, (ii) specify the date to which the applicable Maturity
          Date is sought to be extended, (iii) specify the changes, if any, to the Applicable Rate to be applied in determining the interest payable on the Loans of, and fees payable hereunder to, Consenting Lenders (as defined below) in respect of that
          portion of their Commitments and/or Loans extended to such new Maturity Date and the time as of which such changes will become effective (which may be prior to the Existing Maturity Date) and (iv) specify any other amendments or modifications to
          this Agreement to be effected in connection with such Maturity Date Extension Request; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that no such changes or modifications requiring approvals pursuant to the provisos to
          Section 9.02(b) shall become effective prior to the Existing Maturity Date unless such other approvals have been obtained.&#160; In the event a Maturity Date Extension Request shall have been delivered by the Borrower, each Lender shall have the right
          to agree to the extension of the Existing Maturity Date and other matters contemplated thereby on the terms and subject to the conditions set forth therein (each Lender agreeing to the Maturity Date Extension Request being referred to herein as a
          &#8220;<font style="font-family: 'Times New Roman';"><u>Consenting Lender</u></font>&#8221; and each Lender not agreeing thereto being referred to herein as a &#8220;<font style="font-family: 'Times New Roman';"><u>Declining Lender</u></font>&#8221;), which right may be
          exercised by written notice thereof, specifying the maximum amount of the Commitment and/or Loans of such Lender with respect to which such Lender agrees to the extension of the Maturity Date, delivered to the Borrower (with a copy to the
          Administrative Agent) not later than a day to be agreed upon by the Borrower and the Administrative Agent following the date on which the Maturity Date Extension Request shall have been delivered by the Borrower (it being understood and agreed
          that any Lender that shall have failed to exercise such right as set forth above shall be deemed to be a Declining Lender).&#160; If a Lender elects to extend only a portion of its then existing Commitment and/or Loans, it will be deemed for purposes
          hereof to be a Consenting Lender in respect of such extended portion and a Declining Lender in respect of the remaining portion of its Commitment and/or Loans, and the aggregate principal amount of each Type and currency of Loans of the
          applicable Class of such Lender shall be allocated ratably among the extended and non-extended portions of the Loans of such Lender based on the aggregate principal amount of such Loans so extended and not extended.&#160; If Consenting Lenders shall
          have agreed to such Maturity Date Extension Request in respect of Commitments and/or Loans held by them, then, subject to paragraph (d) of this Section, on the date specified in the Maturity Date Extension Request as the effective date thereof
          (the &#8220;<font style="font-family: 'Times New Roman';"><u>Extension Effective Date</u></font>&#8221;), (i) the Existing Maturity Date of the applicable Commitments and/or Loans shall, as to the Consenting Lenders, be extended to such date as shall be
          specified therein, (ii) the terms and conditions of the applicable Commitments and/or Loans of the Consenting Lenders (including interest and fees (including Letter of Credit fees) payable in respect thereof) shall be modified as set forth in the
          Maturity Date Extension Request and (iii) such other modifications and amendments hereto specified in the Maturity Date Extension Request shall (subject to any required approvals (including those of the Required Lenders) having been obtained)
          become effective.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Notwithstanding the foregoing, the Borrower shall have the right, in accordance with the provisions of Sections 2.19(b) and 9.04, at any time
          prior to the Existing Maturity Date, to replace a Declining Lender (for the avoidance of doubt, only in respect of that portion of such Lender&#8217;s Commitment and/or Loans subject to a Maturity Date Extension Request that it has not agreed to
          extend) with a Lender or other financial institution that will agree to such Maturity Date Extension Request, and any such replacement Lender shall for all purposes constitute a Consenting Lender in respect of the Commitment and/or Loans assigned
          to and assumed by it on and after the effective time of such replacement.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">116</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; If a Maturity Date Extension Request has become effective hereunder:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(i)&#160; </font><font style="font-size: 10pt;">solely in respect of a Maturity Date Extension Request that has become effective in respect of the Revolving Commitments, not later than the fifth Business Day prior to the Existing Maturity Date, the Borrower shall make prepayments of
            Revolving Loans and shall provide cash collateral in respect of Letters of Credit, in each case, in the manner set forth in Section 2.05(i), such that, after giving effect to such prepayments and such provision of cash collateral, the Aggregate
            Revolving Exposure as of such date will not exceed the aggregate Revolving Commitments of the Consenting Lenders extended pursuant to this Section (and the Borrower shall not be permitted thereafter to request any Revolving Loan or any
            issuance, amendment, renewal or extension of a Letter of Credit if, after giving effect thereto, the Aggregate Revolving Exposure would exceed the aggregate amount of the Revolving Commitments so extended);</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)&#160; </font><font style="font-size: 10pt;">solely in respect of a Maturity Date Extension Request that has become effective in respect of the Revolving Commitments, on the Existing Maturity Date, the Revolving Commitment of each Declining Lender shall, to the extent not assumed,
            assigned or transferred as provided in paragraph (b) of this Section, terminate, and the Borrower shall repay all the Revolving Loans made by each Declining Lender to the Borrower to the extent such Loans shall not have been so purchased,
            assigned and transferred, in each case together with accrued and unpaid interest and all fees and other amounts owing to such Declining Lender hereunder, it being understood and agreed that, subject to satisfaction of the conditions set forth
            in Section 4.02, such repayments may be funded with the proceeds of new Revolving Borrowings made simultaneously with such repayments by the Consenting Lenders, which such Revolving Borrowings shall be made ratably by the Consenting Lenders in
            accordance with their extended Revolving Commitments; and</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iii)&#160; </font><font style="font-size: 10pt;">solely in respect of a Maturity Date Extension Request that has become effective in respect of a Class of Term Loans, on the Existing Maturity Date, the Borrower shall repay all the Loans of such Class made by each Declining Lender to
            the Borrower, to the extent such Loans shall not have been so purchased, assigned and transferred, in each case together with accrued and unpaid interest and all fees and other amounts owing to such Declining Lender hereunder, it being
            understood and agreed that, subject to satisfaction of the conditions set forth in Section 4.02, such repayments may be funded with the proceeds of new Revolving Borrowings made simultaneously with such repayments by the Revolving Lenders.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Notwithstanding the foregoing, no Maturity Date Extension Request shall become effective hereunder unless, on the Extension Effective Date, the
        conditions set forth in clauses (a) and (b) of Section 4.02 shall be satisfied (with all references in such Section to a Borrowing being deemed to be references to such Maturity Date Extension Request) and the Administrative Agent shall have
        received a certificate to that effect dated such date and executed by a Financial Officer of the Borrower.</div>
      <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">117</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; Notwithstanding any provision of this Agreement to the contrary, it is hereby agreed that no extension of an Existing Maturity Date in
        accordance with the express terms of this Section, or any amendment or modification of the terms and conditions of the Commitments and the Loans of the Consenting Lenders effected pursuant thereto, shall be deemed to (i) violate the last sentence
        of Section 2.08(c) or Section 2.18(b) or 2.18(c) or any other provision of this Agreement requiring the ratable reduction of Commitments or the ratable sharing of payments or (ii) require the consent of all Lenders or all affected Lenders under
        Section 9.02(b).</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; The Borrower, the Administrative Agent and the Consenting Lenders may enter into an amendment to this Agreement to effect such modifications as
        may be necessary to reflect the terms of any Maturity Date Extension Request that has become effective in accordance with the provisions of this Section.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g)&#160; Notwithstanding anything to the contrary contained in this Section, unless the Administrative Agent shall agree otherwise, after giving effect
        to any transaction contemplated in this Section, there shall not be more than six Classes of Loans or Commitments (including any revolving and term loan facilities) hereunder at any one time outstanding.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 2.23.&#160; <font style="font-family: 'Times New Roman';"><u>Refinancing Facilities.</u></font>&#160; (a) The Borrower may, on one or more
          occasions, by written notice to the Administrative Agent, obtain Refinancing Term Loan Indebtedness. Each such notice shall specify the date (each, a &#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing Effective Date</u></font>&#8221;) on
          which the Borrower proposes that such Refinancing Term Loan Indebtedness shall be made, which shall be a date not less than five Business Days after the date on which such notice is delivered to the Administrative Agent; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(i)&#160; </font><font style="font-size: 10pt;">no Event of Default of the type set forth in Section 7.01(a), (b), (h) (with respect to the Borrower) or (i) (with respect to the Borrower) shall have occurred and be continuing;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)&#160; </font><font style="font-size: 10pt;">substantially concurrently with the incurrence of such Refinancing Term Loan Indebtedness, the Borrower shall repay or prepay then outstanding Term Borrowings of the applicable Class made to the Borrower (together with any accrued but
            unpaid interest thereon and any prepayment premium with respect thereto) in an aggregate principal amount equal to the Net Proceeds of such Refinancing Term Loan Indebtedness, and any such prepayment of Term Borrowings of such Class shall be
            applied to reduce the subsequent scheduled repayments of Term Borrowings of such Class to be made pursuant to Section 2.09(a) ratably,</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iii)&#160; </font><font style="font-size: 10pt;">such notice shall set forth, with respect to the Refinancing Term Loan Indebtedness established thereby in the form of Refinancing Term Loans, to the extent applicable, the following terms thereof: (a) the designation of such Refinancing
            Term Loans as a new &#8220;Class&#8221; for all purposes hereof, (b) the stated termination and maturity dates applicable to the Refinancing Term Loans of such Class, (c) amortization applicable thereto and the effect thereon of any prepayment of such
            Refinancing Term Loans, (d) the interest rate or rates applicable to the Refinancing Term Loans of such Class, (e) the fees applicable to the Refinancing Term Loans of such Class, (f) any original issue discount applicable thereto, (g) the
            initial Interest Period or Interest Periods applicable to Refinancing Term Loans of such Class and (h) any voluntary or mandatory commitment reduction or prepayment requirements applicable to Refinancing Term Loans of such Class (which
            prepayment requirements may provide that such Refinancing Term Loans may participate in any mandatory prepayment on a pro rata basis with any Class of existing Term Loans, but may not provide for prepayment requirements that are materially more
            favorable to the Lenders holding such Refinancing Term Loans than to the Lenders holding such Class of Term Loans) and any restrictions on the voluntary or mandatory reductions or prepayments of Refinancing Term Loans of such Class, and</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">118</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iv)&#160; </font><font style="font-size: 10pt;">such Refinancing Term Loan Indebtedness will, to the extent secured, rank <font style="font-family: 'Times New Roman';"><u>pari</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>passu</u></font> or junior in right of payment
            and of security with the other Loans and Commitments hereunder on the terms set out in an Acceptable Intercreditor Agreement.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Any Lender or any other Eligible Assignee approached by the Borrower to provide all or a portion of the Refinancing Term Loan Indebtedness may
        elect or decline, in its sole discretion, to provide any Refinancing Term Loan Indebtedness.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; Any Refinancing Term Loans shall be established pursuant to a Refinancing Facility Agreement executed and delivered by the Borrower, each
        Refinancing Term Lender providing such Refinancing Term Loan and the Administrative Agent, which shall be consistent with the provisions set forth in clause (a) above (but which shall not require the consent of any other Lender).&#160; Each Refinancing
        Facility Agreement shall be binding on the Lenders, the Loan Parties and the other parties hereto and may effect amendments to the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and
        the Borrower, to effect provisions of this Section, including any amendments necessary to treat such Refinancing Term Loans as a new &#8220;Class&#8221; of loans hereunder.&#160; The Administrative Agent shall promptly notify each Lender as to the effectiveness of
        each Refinancing Facility Agreement.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Notwithstanding anything to the contrary contained in this Section, unless the Administrative Agent shall agree otherwise, after giving effect
        to any transaction contemplated in this Section, there shall not be more than six Classes of Loans or Commitments (including any revolving and term loan facilities) hereunder at any one time outstanding.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">ARTICLE III</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>Representations and Warranties</u></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">The Borrower (with respect to itself and, where applicable, the Restricted Subsidiaries) represents and warrants to the Administrative Agent, each
        of the Issuing Banks and each of the Lenders that:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.01.&#160; <font style="font-family: 'Times New Roman';"><u>Organization; Powers.</u></font>&#160; Each of the Borrower and the Restricted
          Subsidiaries (a) is duly organized, validly existing and, to the extent that such concept is applicable in the relevant jurisdiction, in good standing (to the extent such concept exists in the relevant jurisdictions) under the laws of the
          jurisdiction of its organization (except, in the case of any Restricted Subsidiary, to the extent the failure to be so could not (either individually or in the aggregate) reasonably be expected to result in a Material Adverse Effect), (b) has the
          corporate or other organizational power and authority to carry on its business as now conducted, to execute, deliver and perform its obligations under this Agreement and each other Loan Document and (c) except where the failure to be so,
          individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect, is qualified to do business in, and, to the extent that such concept exists in the relevant jurisdiction, is in good standing in, every
          jurisdiction where such qualification is required.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">119</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.02.&#160; <font style="font-family: 'Times New Roman';"><u>Authorization; Due Execution and Delivery; Enforceability.</u></font>&#160; This
          Agreement has been duly authorized, executed and delivered by the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party, will constitute, a legal, valid and
          binding obligation of the Borrower or such Loan Party, as applicable, enforceable against such Person in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws
          affecting creditors&#8217; rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.03.&#160; <font style="font-family: 'Times New Roman';"><u>Governmental Approvals; No Conflicts.</u></font>&#160; Except as set forth on Schedule
          3.03, the execution, delivery and performance by each Loan Party of each Loan Document to which it is a party (a) as of the date such Loan Document is executed, do not require any consent or approval of, registration or filing with, or any other
          action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect and except (i) filings necessary to perfect Liens created under the Loan Documents or (ii) where failure to obtain such consent or
          approval, or make such registration or filing, in the aggregate, would not reasonably be expected to have a Material Adverse Effect, (b) will not violate any Requirement of Law applicable to the Borrower or any Restricted Subsidiary, (c) will not
          violate or result in a default under any indenture, agreement or other instrument binding upon the Borrower or any Restricted Subsidiary or their respective assets, or give rise to a right thereunder to require any payment, repurchase or
          redemption to be made by the Borrower or any Restricted Subsidiary or give rise to a right of, or result in, termination, cancelation or acceleration of any obligation thereunder, except with respect to any violation, default, payment,
          repurchase, redemption, termination, cancellation or acceleration under this clause (c) or clause (b) above that would not reasonably be expected to have a Material Adverse Effect and (d) will not result in the creation or imposition of any Lien
          on any asset of the Borrower or any Restricted Subsidiary, except Liens created under the Loan Documents or permitted by Section 6.02.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.04.&#160; <font style="font-family: 'Times New Roman';"><u>Financial Condition; No Material Adverse Change.</u></font> (a)&#160; The Audited
          Financial Statements and the Unaudited Financial Statements present fairly, in all material respects, the financial position of the Borrower and the Subsidiaries on a combined consolidated basis as of such dates and their results of operations
          and cash flows for the period covered thereby, and were prepared in accordance with GAAP consistently applied throughout the period covered thereby except as otherwise expressly noted therein, subject to normal year-end audit adjustments and, in
          the case of the Unaudited Financial Statements, the absence of footnotes.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Since December 31, 2018, no event, change or condition has occurred that has had, or would reasonably be expected to have, a Material Adverse
          Effect.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.05.&#160; <font style="font-family: 'Times New Roman';"><u>Properties.</u></font>&#160; (a)&#160;&#160; Each of the Borrower and the Restricted
          Subsidiaries has good title to, or valid leasehold (or license or similar) <font style="font-family: 'Times New Roman';">interests in or other limited property interests in, all its real and personal property necessary for the conduct of its
            business (including the Mortgaged Properties), (i) free and clear of Liens, other than Liens expressly permitted by Section 6.02 and (ii) except for minor defects in title or interest that do not interfere with its ability to conduct its
            business as currently conducted or as proposed to be conducted or to utilize such properties for their intended purposes, in each case, except where the failure to do so would not reasonably be expected to have, individually or in the
            aggregate, a Material Adverse Effect</font>.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">120</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(b)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-family: 'Times New Roman';">To the knowledge of the Borrower or
              any Restricted Subsidiary, (i) each of the Borrower and the Restricted Subsidiaries owns, or has a valid and enforceable right to use, any and all trademarks, service marks, trade names, corporate names, logos, domain names, URLs, copyrights
              (including published and unpublished works of authorship, website and mobile content, data and other compilations of information, and any moral rights therein or thereto), rights in software, patents, patent rights, trade secrets, database
              rights, design rights and any and all other <font style="font-family: 'Times New Roman';">intellectual</font> property or similar proprietary rights throughout the world and all common law rights, registrations and applications for
              registrations, renewals, extensions, reissuances and divisionals therefor (collectively, &#8220;<font style="font-family: 'Times New Roman';"><u>IP Rights</u></font>&#8221;) that are used in or necessary for its business as currently conducted, and (ii)
              the use thereof by the Borrower and each Restricted Subsidiary does not infringe upon, misappropriate or otherwise violate the rights of any other Person, except, in each case of (i) and (ii), for any such failures to own or have rights to
              use, or any such infringements, misappropriations or other violations that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.&#160; No claim or litigation regarding any IP Rights owned or
              used by the Borrower or any Restricted Subsidiary is pending or, to the knowledge of the Borrower or any Restricted Subsidiary, threatened against the Borrower or any Restricted Subsidiary that, individually or in the aggregate, would
              reasonably be expected to result in a Material Adverse Effect.</font></font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.06.&#160; <font style="font-family: 'Times New Roman';"><u>Litigation and Environmental Matters.</u></font>&#160; (a)&#160; There are no actions,
          suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against or affecting the Borrower or any Restricted Subsidiary that would reasonably be
          expected, individually or in the aggregate, to result in a Material Adverse Effect.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Except with respect to any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse
          Effect, none of the Borrower or any Restricted Subsidiary (i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law, (ii) has become
          subject to any Environmental Liability <font style="font-family: 'Times New Roman';">or, to the knowledge of the Borrower or any Restricted Subsidiary, there is a reasonable basis</font> for any such Environmental Liability, (iii) has received
          notice of any claim with respect to any Environmental Liability, or (iv) is reasonably expected to incur any Environmental Liability with respect to any Release on any real property now or previously owned, leased or operated by it.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.07.&#160; <font style="font-family: 'Times New Roman';"><u>Compliance with Laws.</u></font>&#160; Each of the Borrower and the Restricted
          Subsidiaries is in compliance with all Requirements of Law, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.08.&#160; <font style="font-family: 'Times New Roman';"><u>Sanctions; Anti-Corruption Laws.</u></font>&#160; <font style="font-family: 'Times New Roman';">The Borrower has implemented and maintains in effect policies and procedures designed to promote compliance by the Borrower, the Restricted Subsidiaries and their respective directors, officers, employees and agents with
            Anti-Corruption Laws and applicable Sanctions, and the Borrower and the Restricted Subsidiaries and their respective officers and employees (when acting in their role as officers and employees) and to the knowledge of the Borrower, the
            respective directors of the Borrower and its Restricted Subsidiaries (when acting in their role as directors) and agents (in their capacity as such) are in compliance in all material respects with Anti-Corruption Laws and applicable Sanctions
            and are not knowingly engaged in any activity that would reasonably be expected to result in the Borrower being designated as a Sanctioned Person.&#160; None of the Borrower, any Restricted Subsidiary or any of their respective directors, officers
            or employees is a Sanctioned Person.&#160; None of the Borrower or any Restricted Subsidiary is operating, organized or resident in any Sanctioned Country.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">121</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.09.&#160; <font style="font-family: 'Times New Roman';"><u>Investment Company Status.</u></font>&#160; None of the Borrower or any other Loan
          Party is required to register as an &#8220;investment company&#8221; under the Investment Company Act.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.10.&#160; <font style="font-family: 'Times New Roman';"><u>Federal Reserve Regulations.</u></font>&#160; None of the Borrower or any Restricted
          Subsidiary is engaged or will engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors) or extending credit for the purpose of
          purchasing or carrying margin stock.&#160; No part of the proceeds of the Loans will be used, directly or indirectly, for any purpose that violates the provisions of Regulations U or X of the Board of Governors.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.11.&#160; <font style="font-family: 'Times New Roman';"><u>Taxes.</u></font>&#160; Except to the extent that failure to do so would not
          reasonably be expected to result in a Material Adverse Effect, each of the Borrower and each Restricted Subsidiary (a) has timely filed or caused to be timely filed all Tax returns and reports required to have been filed by it and (b) has timely
          paid or caused to be timely paid all Taxes required to have been paid by it, except where the validity or amount thereof is being contested in good faith by appropriate proceedings and where the Borrower or such Restricted Subsidiary, as
          applicable, has set aside on its books adequate reserves therefor in conformity with GAAP.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.12.&#160; <font style="font-family: 'Times New Roman';"><u>ERISA.</u></font>&#160; (a)&#160; Except as would not reasonably be expected, individually
          or in the aggregate, to have a Material Adverse Effect, no ERISA Event has occurred or is reasonably expected to occur.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Except as would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, (i) each Foreign Pension
          Plan is in compliance in all material respects with all Requirements of Law applicable thereto and the respective requirements of the governing documents for such plan, (ii) with respect to each Foreign Pension Plan, none of the Borrower, its
          Affiliates or any of their respective directors, officers, employees or agents has engaged in a transaction that could subject the Borrower or any Restricted Subsidiary, directly or indirectly, to a tax or civil penalty and (iii) with respect to
          each Foreign Pension Plan, any underfunding has been reflected in the financial statements furnished to Lenders in respect of any unfunded liabilities in accordance with GAAP.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">SECTION 3.13.&#160; <font style="font-family: 'Times New Roman';"><u>Disclosure</u></font>(a)&#160; <font style="font-family: 'Times New Roman';"><u>.</u></font>
          As of the Closing Date, no reports, financial statements, certificates or other written information furnished by or on behalf of the Borrower or any Restricted Subsidiary to the Arrangers, the Administrative Agent, any Issuing Bank or any Lender
          on or before the Closing Date in connection with the negotiation of this Agreement or any other Loan Document, included herein or therein or furnished hereunder or thereunder (as modified or supplemented by other information so furnished and
          taken as a whole) contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not materially misleading; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that, with respect to projected financial information, the Borrower represents only that such information, when taken as a whole, was prepared in good faith based upon assumptions
          believed by it to be reasonable at the time so furnished (it being understood and agreed that (i) such projected financial information is merely a prediction as to future events and are not to be viewed as facts, (ii) such projected financial
          information is subject to significant uncertainties and contingencies, many of which are beyond the control of the Borrower or any of the Restricted Subsidiaries and (iii) no assurance can be given that any particular projected financial
          information will be realized and that actual results during the period or periods covered by any such projected financial information may differ significantly from the projected results and such differences may be material).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">122</font></div>
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.14.&#160; <font style="font-family: 'Times New Roman';"><u>Subsidiaries.</u></font>&#160; As of the Closing Date, Schedule 3.14 sets forth the
          name of, and the ownership interest of the Borrower and each Subsidiary in, each Subsidiary and identifies each Subsidiary that is a Loan Party, after giving effect to the Transactions.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.15.&#160; <font style="font-family: 'Times New Roman';"><u>Solvency.</u></font>&#160; As of the Closing Date, after giving effect to the
          Transactions, (a) the fair value of the assets of the Borrower and the Restricted Subsidiaries, taken as a whole, at a fair valuation, will exceed their debts and liabilities, subordinated, contingent or otherwise, (b) the present fair saleable
          value of the property of the Borrower and the Restricted Subsidiaries, taken as a whole, will be greater than the amount that will be required to pay the probable liability of their debts and other liabilities, subordinated, contingent or
          otherwise, as such debts and other liabilities become absolute and matured, (c) the Borrower and the Restricted Subsidiaries, taken as a whole, will be able to pay their debts and liabilities, subordinated, contingent or otherwise, as such debts
          and liabilities become absolute and matured and (d) the Borrower and the Restricted Subsidiaries, taken as a whole, will not have unreasonably small capital with which to conduct the business in which they are engaged as such business is now
          conducted.&#160; For purposes of this Section, the amount of contingent liabilities at any time shall be computed as the amount that, in light of all the facts and circumstances existing at such time, represents the amount that can reasonably be
          expected to become an actual or matured liability.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 3.16.&#160; <font style="font-family: 'Times New Roman';"><u>Collateral Matters.</u></font>&#160; (a)&#160;&#160; Each Security Document, is effective to
          create (to the extent described therein) in favor of the Administrative Agent for the benefit of the Secured Parties a legal, valid, enforceable security interest in the Collateral to the extent intended to be created thereby and (x) when all
          financing statements and other appropriate filings or recordings are made in the appropriate offices as may be required under applicable law and filings and recordation with the United States Patent and Trademark Office and the United States
          Copyright Office (which filings or recordings shall be made to the extent required by the applicable Security Document) and (y) when the taking of possession by the Administrative Agent of such Collateral with respect to which a security interest
          may be perfected by possession (which possession shall be given to the Administrative Agent to the extent possession by the Administrative Agent is required by the applicable Security Document) occurs, together with appropriate stock powers or
          other similar instruments of transfer duly executed in blank, then the security interests created by the Security Documents shall constitute so far as possible under relevant law fully perfected Liens on, and security interests in (in each case
          with respect to such Liens and security interests, to the extent intended to be created thereby and required to be perfected under the Loan Documents) all right, title and interest of the Loan Parties in such Collateral in each case prior and
          superior in right to any other Person, subject to Liens permitted under Section 6.02<font style="font-family: 'Times New Roman';">.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; Each Mortgage, upon execution and delivery thereof by the parties thereto, will create in favor of the Administrative Agent, for the benefit of
        the Secured Parties, a legal, valid and enforceable security interest in all the applicable mortgagor&#8217;s right, title and interest in and to the Mortgaged Properties subject thereto and the proceeds thereof under the laws of the relevant
        jurisdiction as indicated in the Mortgage, and when the Mortgages have been filed in the jurisdictions specified therein, the Mortgages will constitute a fully perfected security interest in all right, title and interest of the mortgagors in the
        Mortgaged Properties and the proceeds thereof under the laws of the relevant jurisdiction as indicated in the Mortgage, prior and superior in right to any other Person, but subject to Liens permitted under Section 6.02.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">123</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; Upon the recordation of the Collateral Agreement (or <font style="font-family: 'Times New Roman';">short-form intellectual property security
            agreements in form and substance substantially similar to the Patent Security Agreement, Trademark Security Agreement and/or Copyright Security Agreement (each as defined in</font> the Collateral Agreement)) with the United States Patent and
          Trademark Office or the United States Copyright Office, as applicable, and the filing of the financing statements referred to in paragraph (a) of this Section, the security interest created under the Collateral Agreement will constitute a fully
          perfected security interest in all right, title and interest of the Loan Parties in the <font style="font-family: 'Times New Roman';">Intellectual Property (as defined in the </font>Collateral Agreement) described therein in which a security
          interest may be perfected by such <font style="font-family: 'Times New Roman';">filing of such documents </font>in the United States of America, in each case prior and superior in right to any other Person, but subject to Liens permitted under
          Section 6.02 (it being understood and agreed that subsequent recordings in the United States Patent and Trademark Office or the United States Copyright Office may be necessary pursuant to Section 4.05(e) of the Collateral Agreement or to perfect
          a security interest in such Intellectual Property acquired by the Loan Parties after the Closing Date).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">ARTICLE IV</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>Conditions</u></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 4.01.&#160; <font style="font-family: 'Times New Roman';"><u>Closing Date.</u></font>&#160; The obligations of the Lenders to make Loans and of the
          Issuing Banks to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; The Administrative Agent (or its counsel) shall have received from each party hereto either (i) a counterpart of this Agreement signed on
          behalf of such party or (ii) written evidence reasonably satisfactory to the Administrative Agent (which may include facsimile transmission or other electronic imaging of a signed signature page of this Agreement) that such party has signed a
          counterpart of this Agreement.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; The Administrative Agent shall have received favorable written opinions (addressed to the Administrative Agent and the Lenders) of (i)
          Gibson, Dunn &amp; Crutcher LLP, external counsel for the Loan Parties, (ii) Day Pitney LLP, external Connecticut counsel for the Loan Parties and (iii) Julie Solomon, internal counsel for the Loan Parties, in each case (A) dated as of the
          Closing Date and (B) in form and substance reasonably satisfactory to the Administrative Agent.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; The Administrative Agent shall have received a copy of (i) each organizational document of each Loan Party certified, to the extent
          applicable, as of a recent date by the applicable Governmental Authority, (ii) signature and incumbency certificates of the responsible officers of each Loan Party executing the Loan Documents to which it is a party, (iii) copies of resolutions
          of the board of directors or managers, shareholders, partners, and/or similar governing bodies of each Loan Party approving and authorizing the execution, delivery and performance of Loan Documents to which it is a party, certified as of the
          Closing Date by a secretary, an assistant secretary or a responsible officer of such Loan Party as being in full force and effect without modification or amendment and (iv) a good standing certificate (to the extent such concept, or an analogous
          concept, exists) from the applicable Governmental Authority of each Loan Party&#8217;s jurisdiction of incorporation, organization or formation.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; The Administrative Agent shall have received a certificate, dated the Closing Date and signed by a Financial Officer or the President or a
          Vice President of the Borrower, confirming compliance with the conditions set forth in paragraphs (a) and (b) of Section 4.02.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">124</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; The Administrative Agent shall have received all fees and other amounts due and payable on or prior to the Closing Date, including, to the
          extent invoiced at least three Business Days prior to the Closing Date (or such shorter period agreed by the Borrower in its sole discretion), reimbursement or payment of all reasonable, documented and invoiced out-of-pocket expenses (including
          fees, charges and disbursements of counsel) required to be reimbursed or paid by any Loan Party hereunder, under any other Loan Document or under any other agreement entered into by any of the Arrangers, the Administrative Agent and the Lenders,
          on the one hand, and any of the Loan Parties, on the other hand;&#160; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that such amounts may be offset against the proceeds of the Term Loans.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; <font style="font-family: 'Times New Roman';">(i) The Administrative Agent shall have received, at least three Business Days prior to the
            Closing Date, all documentation and other information required by bank regulatory authorities under applicable &#8220;know your customer&#8221; and anti-money laundering rules and regulations, including, without limitation, the USA PATRIOT Act, that has
            been requested at least 10 Business Days prior to the Closing Date and (ii) to the extent the Borrower qualifies as a &#8220;legal entity customer&#8221; under the Beneficial Ownership Regulation and a Lender has requested in a written notice to the
            Borrower at least 10 Business Days prior to the Closing Date a Beneficial Ownership Certification in relation to the Borrower, such Lender shall have received such Beneficial Ownership Certification with respect to the Borrower at least three
            Business Days prior to the Closing Date (<u>provided</u> that, upon the execution and delivery by such Lender of its signature page to this Agreement, the conditions set forth in this clause (f) shall be deemed to be satisfied).</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g)&#160; Except as provided by Section 5.15 herein, the Collateral and Guarantee Requirement shall have been satisfied, and the Administrative Agent,
          on behalf of the Secured Parties, shall have a perfected security interest in the Collateral of the type and priority described in each Security Document (except as otherwise set forth in the Collateral and Guarantee Requirement or Section
          5.15).&#160; The Administrative Agent shall have received a completed Perfection Certificate dated the Closing Date and signed by a Financial Officer or legal officer of each of the Borrower, together with all attachments contemplated thereby.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(h)&#160; <font style="font-family: 'Times New Roman';">The Administrative Agent shall have received evidence that the insurance required by Section
            5.07(a) and the Security Documents is in effect; <u>provided</u> that to the extent that, notwithstanding its use of commercially reasonable efforts in respect thereof, the Borrower is unable to comply with Section 5.07(a), such compliance
            shall not constitute a condition precedent under this Section but shall instead be required within 30 days following the Closing Date (or such longer period as the Administrative Agent may agree in its sole discretion)</font>.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(i)&#160; The Lenders shall have received a certificate from a Financial Officer of the Borrower, substantially in the form of <font style="font-family: 'Times New Roman';"><u>Exhibit L</u></font>, certifying as to the solvency of the Borrower and its Restricted Subsidiaries as of the Closing Date on a consolidated basis after giving effect to the Transactions.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(j)&#160; Prior to or substantially contemporaneously with the initial funding of Loans on the Closing Date, all principal, premium, if any, interest,
          fees and other amounts due or outstanding under the Borrower&#8217;s (i) Credit Agreement dated as of January 6, 2015, (ii) Credit Agreement dated as of January 5, 2016 and (iii) Credit Agreement dated as of August 30, 2017, shall in each case have
          been or shall be paid in full, the commitments thereunder shall have been or shall be terminated and any guarantees and Liens existing in connection therewith shall have been or shall be discharged and released, and the Administrative Agent shall
          have received reasonably satisfactory evidence thereof (collectively, the &#8220;<font style="font-family: 'Times New Roman';"><u>Refinancing</u></font>&#8221;).</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(k)&#160; The Borrower shall have delivered to the Administrative Agent the notice required by Section 2.03.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">125</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">The Administrative Agent shall notify the Borrower and the Lenders of the Closing Date, and such notice shall be conclusive and binding.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 4.02.&#160; <font style="font-family: 'Times New Roman';"><u>Each Credit Event.</u></font>&#160; On or after the Closing Date, the obligations of
          the Lenders to make Loans on the occasion of any Borrowing (except for the initial Borrowings under any Incremental Facility, to the extent otherwise provided in the applicable Incremental Facility Amendment in accordance with Section 2.21(c)),
          and of the Issuing Banks to issue, amend, renew or extend any Letter of Credit, is subject to receipt of the request therefor in accordance herewith and to the satisfaction of the following conditions:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; The representations and warranties of each Loan Party set forth in the Loan Documents shall be true and correct in all material respects (or,
          in the case of representations and warranties qualified as to materiality or Material Adverse Effect, in all respects) on and as of the date of such Borrowing or the date of issuance, amendment, renewal or extension of such Letter of Credit, as
          applicable, except in the case of any such representation and warranty that expressly relates to a prior date, in which case such representation and warranty shall be true and correct in all material respects (or in all respects, as applicable)
          as of such earlier date.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; At the time of and immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter of
          Credit, as applicable, no Default or Event of Default shall have occurred and be continuing.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; Solely with respect to a Revolving Borrowing, immediately after giving effect to such Revolving Borrowing, the aggregate amount of
          unrestricted cash and Permitted Investments of the Borrower and the Restricted Subsidiaries shall not exceed $700,000,000.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; Solely with respect to a Revolving Borrowing, the proceeds of such Revolving Borrowing are not intended to be used (and shall not be used)
          for the purpose of (in the good faith determination of the Borrower) directly repaying any outstanding obligations under the First Lien Note Documents or the Existing Senior Notes Documents; <font style="font-family: 'Times New Roman';"><u>provided</u></font>,
          that, for avoidance of doubt, the Borrower may, in its sole discretion, repay the obligations under the First Lien Note Documents or the Existing Senior Note Documents with excess cash generated from business operations and/or proceeds from any
          Refinancing Indebtedness thereof, in each case, to the extent otherwise permitted hereunder.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; The Borrower shall have delivered to the Administrative Agent a request for Borrowing that complies with the requirements set forth in
          Section 2.03.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">Each Borrowing (<font style="font-family: 'Times New Roman';"><u>provided</u></font> that a conversion or a continuation of a Borrowing shall not
          constitute a &#8220;Borrowing&#8221; for purposes of this Section) (other than as set forth above in this Section with respect to the initial Borrowings under any Incremental Facility), and each issuance, amendment, renewal or extension of a Letter of Credit
          shall be deemed to constitute a representation and warranty by the Borrower on the date thereof as to the matters specified in paragraphs (a), (b), (c) and (d) of this Section.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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      </div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">ARTICLE V</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>Affirmative Covenants</u></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">From and including the Closing Date and until the Commitments shall have expired or been terminated and the principal of and interest on each Loan
        and all fees, expenses and other amounts (other than contingent amounts not yet due) payable under this Agreement or any other Loan Document shall have been paid in full and all Letters of Credit (other than those collateralized or back-stopped on
        terms reasonably satisfactory to the applicable Issuing Bank) shall have expired or been terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.01.&#160; <font style="font-family: 'Times New Roman';"><u>Financial Statements and Other Information.</u></font>&#160; The Borrower will furnish
          to the Administrative Agent, which shall furnish to each Lender, the following:</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; within 100 days after the end of each fiscal year of the Borrower (or such later date as Form 10-K of the Borrower is required to be filed
          with the SEC taking into account any extension granted by the SEC, <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Borrower gives the Administrative Agent notice of any such extension), its audited consolidated
          balance sheet and audited consolidated statements of income, comprehensive income, stockholders&#8217; equity and cash flows as of the end of and for such fiscal year, and related notes thereto, setting forth in each case in comparative form the
          figures for the previous fiscal year, prepared in accordance with generally accepted auditing standards and reported on by an independent public accountants of recognized national standing (without a &#8220;going concern&#8221; or like qualification,
          exception or statement and without any qualification or exception as to the scope of such audit, but may contain a &#8220;going concern&#8221; or like qualification that is due to (i) an upcoming maturity date of any Indebtedness occurring within one year
          from the time such opinion is delivered or (ii) any potential inability to satisfy a financial maintenance covenant on a future date or in any future period) to the effect that such financial statements present fairly in all material respects the
          financial condition, results of operations and cash flow of the Borrower and its Subsidiaries on a consolidated basis as of the end of and for such fiscal year and accompanied by a narrative report describing the financial position, results of
          operations and cash flow of the Borrower and its consolidated Subsidiaries;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; within 50 days after the end of each of the first three fiscal quarters of each fiscal year of the Borrower (or such later date as Form 10-Q
          of the Borrower is required to be filed with the SEC taking into account any extension granted by the SEC, <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Borrower gives the Administrative Agent notice of any such
          extension), its unaudited consolidated balance sheet and unaudited consolidated statements of income, comprehensive income and cash flows as of the end of and for such fiscal quarter and the then elapsed portion of the fiscal year, setting forth
          in each case in comparative form the figures for the corresponding period or periods of (or, in the case of the balance sheet, as of the end of) the previous fiscal year, all certified by a Financial Officer of the Borrower as presenting fairly
          in all material respects the financial condition, results of operations and cash flows of the Borrower and its Subsidiaries on a consolidated basis as of the end of and for such fiscal quarter and such portion of the fiscal year in accordance
          with GAAP consistently applied, subject to normal year-end audit adjustments and the absence of footnotes, and accompanied by a narrative report describing the financial position, results of operations and cash flow of the Borrower and its
          consolidated Subsidiaries;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; concurrently with each delivery of financial statements under clause (a) or (b) above (or otherwise within five Business Days thereof), a
          certificate of a Financial Officer of the Borrower (i) certifying as to whether a Default has occurred and is continuing and, if a Default has occurred and is continuing, specifying the details thereof and any action taken or proposed to be taken
          with respect thereto and (ii) setting forth reasonably detailed calculations (A) demonstrating compliance with the covenants contained in Sections 6.12 and 6.13 and (B) in the case of financial statements delivered under clause (a) above and,
          solely to the extent the Borrower would be required to prepay the Term Loans pursuant to Section 2.11(d), beginning with the financial statements for the fiscal year of the Borrower ending December 31, 2020, of Excess Cash Flow;</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; <font style="font-family: 'Times New Roman';">within 90 days after the end of each fiscal year of the Borrower (or such longer period as
            permitted under Section 5.01(a)), a detailed consolidated budget for the current fiscal year (including selected balance sheet items and consolidated statements of projected income and free cash flows as of the end of and for such fiscal year
            and setting forth the assumptions used for purposes of preparing such budget);</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(e)&#160; concurrently with each delivery of financial statements under clause (a) above (or otherwise within five Business Days thereof), a
          certificate of a Financial Officer or legal officer of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of such certificate
          or the date of the most recent certificate delivered pursuant to this Section 5.01(e);</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(f)&#160; promptly after the same becomes publicly available, copies of all periodic and other reports, proxy statements and other materials filed by
          the Borrower or any Restricted Subsidiary with the SEC or with any national securities exchange, or distributed by the Borrower to the holders of its Equity Interests generally, as applicable;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(g)&#160; promptly following any request therefor, but subject to the limitations set forth in the proviso to the last sentence of Section 5.09 and
          Section 9.12, such other information regarding the operations, business affairs, assets, liabilities (including contingent liabilities) and financial condition of the Borrower or any Restricted Subsidiary, or compliance with the terms of this
          Agreement or any other Loan Document, as the Administrative Agent, any Issuing Bank or any Lender, may reasonably request; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that none of the Borrower or any Restricted
          Subsidiary will be required to provide any information (i) that constitutes non-financial trade secrets or non-financial proprietary information of the Borrower or any Restricted Subsidiary <font style="font-family: 'Times New Roman';">or any of
            their respective customers and suppliers</font>, (ii) in respect of which disclosure to the Administrative Agent or any Lender (or any of their respective representatives) is prohibited by applicable Requirements of Law or (iii) the revelation
          of which would violate any confidentiality obligations owed to any third party by the Borrower or any Restricted Subsidiary (not created in contemplation thereof); <font style="font-family: 'Times New Roman';"><u>provided</u></font>, <font style="font-family: 'Times New Roman';"><u>further</u></font>, that if any information is withheld pursuant to clause (i), (ii), or (iii) above, the Borrower or any Restricted Subsidiary shall promptly notify the Administrative Agent of such
          withholding of information and the basis therefor; and</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(h)&#160; commencing with the first fiscal month ending after the Seventh Amendment Effective Date, within ten (10) Business Days of each fiscal month
          during the Liquidity Test Period, a certificate signed by a Financial Officer of the Borrower setting forth in reasonable detail a calculation of Liquidity as of the end of such fiscal month and demonstrating compliance with the covenant set
          forth in Section 6.18.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Information required to be furnished pursuant to clause (a), (b), (f) or (g) of this Section shall be deemed to have been furnished if such information, or one or more
        annual or quarterly reports containing such information, shall have been posted by the Administrative Agent on the Platform or shall be available on the website of the SEC at http://www.sec.gov.&#160; Information required to be furnished pursuant to
        this Section may also be furnished by electronic communications pursuant to procedures approved by the Administrative Agent.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">The Borrower shall conduct a quarterly meeting (which may be a telephonic meeting) that the Lenders may attend to discuss the financial condition and results of
        operations of the Borrower for the most recently ended fiscal quarter for which financial statements have been delivered pursuant to Section 5.01(a) or (b), at a date and time within 60 days of the end of such fiscal quarter (but in any event, no
        earlier than the date financial statements of the Borrower are delivered pursuant to pursuant to Section 5.01(a) or (b)) to be determined by the Borrower with reasonable advance notice to the Administrative Agent; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Borrower may satisfy the foregoing obligation with respect to any fiscal quarter if a quarterly public earnings call is held with respect to such fiscal quarter.</div>
      <div style="font-size: 10pt;">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">128</font></div>
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.02.&#160; <font style="font-family: 'Times New Roman';"><u>Notices of Material Events.</u></font>&#160; The Borrower will furnish to the
          Administrative Agent, which shall furnish to each Issuing Bank and each Lender, promptly (and in any event, within five Business Days) after a responsible officer of the Borrower acquires knowledge thereof, written notice of the following:</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(a)&#160; the occurrence of any Default;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; to the extent permitted by the Requirements of Law, the filing or commencement of any action, suit or proceeding by or before any arbitrator
          or Governmental Authority against or, to the knowledge of a Financial Officer or another executive officer of the Borrower or any Restricted Subsidiary, affecting the Borrower or any Restricted Subsidiary, that in each case would reasonably be
          expected to result in a Material Adverse Effect;</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; <font style="font-family: 'Times New Roman';">the occurrence of any Environmental Liability or ERISA Event that has resulted, or would
            reasonably be expected to result, in a Material Adverse Effect</font>; and</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; <font style="font-family: 'Times New Roman';">any other </font>any development, circumstance, or event that has had or could reasonably be
          expected to have a Material Adverse Effect.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Each notice delivered under this Section (i) shall be in writing, (ii) shall contain a heading or a reference line that reads &#8220;Notice under Section 5.02 of the Credit
        Agreement dated as of November 1, 2019&#8221; and (iii) shall be accompanied by a written statement of a Financial Officer or other executive officer of the Borrower setting forth the details of the event or development requiring such notice and any
        action taken or proposed to be taken with respect thereto.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.03.&#160; <font style="font-family: 'Times New Roman';"><u>Information Regarding Collateral.</u></font>&#160; The Borrower will furnish to the
          Administrative Agent prompt written notice of any change (i) in any Loan Party&#8217;s legal name, as set forth in such Loan Party&#8217;s organizational documents, (ii) in the jurisdiction of incorporation or organization of any Loan Party, (iii) in the
          form of organization of any Loan Party or (iv) in any Loan Party&#8217;s organizational identification number (or the equivalent thereof in each applicable jurisdiction), if any, or, with respect to a Loan Party organized under the laws of a
          jurisdiction that requires such information to be set forth on the face of a Uniform Commercial Code financing statement (or the equivalent thereof in each applicable jurisdiction, including any Specified Foreign Jurisdiction, to the extent
          applicable), the Federal Taxpayer Identification Number of such Loan Party (or the equivalent thereof in the applicable jurisdiction of a Loan Party that is a Specified Foreign Subsidiary).</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.04.&#160; <font style="font-family: 'Times New Roman';"><u>Existence; Conduct of Business.</u></font>&#160; The Borrower will, and will cause
          each of its Restricted Subsidiaries to, do or cause to be done all things necessary to maintain, preserve, protect, enforce, renew and keep in full force and effect its legal existence and the rights, licenses, permits, privileges, franchises and
          IP Rights in each case to the extent necessary for the conduct of its business; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the foregoing shall not prohibit (i) any merger, consolidation, liquidation or dissolution
          permitted under Section 6.03 or <font style="font-family: 'Times New Roman';">(ii) the Borrower and each Restricted Subsidiary from allowing registered or applied-for IP Rights to lapse, expire, become abandoned or otherwise terminate in the
            ordinary course of business or where, in its reasonable business judgment, the lapse, expiration, abandonment or termination</font> would not materially interfere with the business of the Borrower or any Restricted Subsidiary<font style="font-family: 'Times New Roman';">, as applicable</font>.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">129</font></div>
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.05.&#160; <font style="font-family: 'Times New Roman';"><u>Payment of Taxes.</u></font>&#160; The Borrower will, and will cause each of its
          Restricted Subsidiaries to, pay its Tax liabilities before the same shall become delinquent or in default, except where (a) (i) the validity or amount thereof is being contested in good faith by appropriate proceedings and (ii) the Borrower or
          such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or (b) the failure to make payment would not reasonably be expected to result in a Material Adverse Effect.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.06.&#160; <font style="font-family: 'Times New Roman';"><u>Maintenance of Properties.</u></font>&#160; Except if failure to do so would not
          reasonably be expected to have a Material Adverse Effect, the Borrower will, and will cause each of its Restricted Subsidiaries to,&#160; (i) keep and maintain all property necessary for the conduct of its business in good working order and condition,
          ordinary wear and tear excepted and casualty and condemnation excepted and (ii) maintain, preserve and protect, as applicable, the confidentiality, validity and enforceability of the Material Intellectual Property.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.07.&#160; <font style="font-family: 'Times New Roman';"><u>Insurance.</u></font>&#160; (a) The Borrower will, and will cause each of its
          Restricted Subsidiaries to, maintain, with financially sound and reputable insurance companies (or, to the extent consistent with past practices of the Loan Parties or otherwise in accordance with applicable laws and good business practices,
          self-insurance), insurance in such amounts (with no greater risk retention) <font style="font-family: 'Times New Roman';">and against such risks as are consistent with the past practices of the Loan Parties or otherwise as is customarily
            maintained by companies of established repute engaged in the same or similar businesses operating in the same or similar locations</font>.&#160; The Borrower shall take commercially reasonable efforts cause the main property and liability policies
          maintained by or on behalf of the Borrower to (a) name the Administrative Agent, on behalf of the Secured Parties, as an additional insured thereunder and (b)&#160; contain a loss payable clause or endorsement that names the Administrative Agent, on
          behalf of the Secured Parties, as the loss payee thereunder.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">(b) With respect to each Mortgaged Property that is located in an area determined by the Federal Emergency Management Agency to have special flood hazards, the
          applicable Loan Party has obtained, and will maintain, with financially sound and reputable insurance companies, such flood insurance as is required under the Flood Insurance Laws. The Borrower will furnish to the Lenders, upon reasonable request
          of the Administrative Agent, information in reasonable detail with respect to such insurance; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that no Loan Party shall be required to deliver original copies of any insurance
          policies.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 72pt;">SECTION 5.08.&#160; <font style="font-family: 'Times New Roman';"><u>[Reserved].</u></font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">130</font></div>
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.09.&#160; <font style="font-family: 'Times New Roman';"><u>Books and Records; Inspection and Audit Rights.</u></font>&#160; The Borrower will,
          and will cause each of its Restricted Subsidiaries to keep proper books of record and accounts in which full, true and correct entries, in conformity with GAAP and all Requirements of Law are made of all dealings and transactions in relation to
          its business and activities.&#160; The Borrower will, and will cause each of its Restricted Subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender, upon at least 3 Business Days&#8217; notice, to visit and inspect
          its properties, to examine and make extracts from its books and records, to discuss its affairs, finances and condition with its officers and independent accountants; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that,
          unless an Event of Default shall have occurred and be continuing, the Borrower shall be provided an opportunity to participate in any such discussions with such accountants, all at such reasonable times during regular office hours but no more
          often than one (1) time during any calendar year absent the existence of an Event of Default; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that excluding any such visits and inspections during the continuation of an Event
          of Default, only the Administrative Agent on behalf of the Lenders may exercise visitation and inspection rights of the Administrative Agent and the Lenders under this Section; <font style="font-family: 'Times New Roman';"><u>provided</u></font>,
          <font style="font-family: 'Times New Roman';"><u>further</u></font> that none of the Borrower or any Restricted Subsidiary will be required to disclose, permit the inspection, examination or making copies or abstracts of, or discussion of, any
          document, information or other matter (i) that constitutes non-financial trade secrets or non-financial proprietary information, (ii) in respect of which disclosure to the Administrative Agent or any Lender (or their respective representatives or
          contractors) is prohibited by Requirement of Law or any binding agreement (not created in contemplation thereof) or (iii) that is subject to attorney-client or similar privilege or constitutes attorney work product.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.10.&#160; <font style="font-family: 'Times New Roman';"><u>Compliance with Laws.</u></font>&#160; The Borrower will, and will take reasonable
          action to cause each of its Restricted Subsidiaries to, comply with all Requirements of Law (including ERISA, Environmental Laws and the USA PATRIOT Act) with respect to it or its property, except where the failure to do so, individually or in
          the aggregate, would not reasonably be expected to result in a Material Adverse Effect.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.11.&#160; <font style="font-family: 'Times New Roman';"><u>Use of Proceeds; Letters of Credit.</u></font>&#160; (a)&#160; The proceeds of the Term
          Loans, together with cash on hand, will be used solely for (i) the payment of fees and expenses payable in connection with the Transactions, (ii) the Refinancing and (iii) general corporate purposes.&#160; On the Closing Date, the proceeds of the
          Revolving Loans will be used for working capital and other general corporate purposes of the Restricted Group.&#160; Thereafter, the proceeds of the Revolving Loans, as well as the proceeds of any Incremental Extension of Credit (unless otherwise
          provided in the applicable Incremental Facility Amendment) will be used for working capital and other general corporate purposes, including acquisitions and other Investments and Restricted Payments permitted by this Agreement, of the Borrower
          and the Restricted Subsidiaries. No part of the proceeds of any Loan will be used in violation of the representation set forth in Section 3.10.&#160; Letters of Credit will be used by the Borrower and the Restricted Subsidiaries for general corporate
          purposes.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; The Borrower will not request any Borrowing or any Letter of Credit, and the Borrower shall not use, and shall procure that its Subsidiaries
          and its and their respective directors, officers and employees shall not use, the proceeds of any Borrowing or Letter of Credit (A) in furtherance of an offer, payment, promise to pay or authorization of the payment or giving of money, or
          anything else of value, to any Person in material violation of any Anti-Corruption Laws by the Borrower or any of its Subsidiaries, (B) for the purpose of funding, financing or facilitating any activities, business or transaction of or with any
          Sanctioned Person, or in any Sanctioned Country, except to the extent permitted for a Person required to comply with Sanctions, or (C) in any manner that would result in the violation of any Sanctions applicable to any party hereto.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; The Borrower will not request any Revolving Borrowing, and the Borrower shall not use, and shall procure that its Subsidiaries and its or
          their respective directors, officers and employees shall not use, the proceeds of any Revolving Borrowing for the purpose of (in the good faith determination of the Borrower) directly repaying any outstanding obligations under the First Lien Note
          Documents or the Existing Senior Notes Documents; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, that, for avoidance of doubt, the Borrower may, in its sole discretion, repay the obligations under the First Lien Note
          Documents or the Existing Senior Note Documents with excess cash generated from business operations and/or proceeds from any Refinancing Indebtedness thereof, in each case, to the extent otherwise permitted hereunder.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">131</font></div>
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.12.&#160; <font style="font-family: 'Times New Roman';"><u>Additional Subsidiaries.</u></font>&#160; (a)&#160; If any additional Subsidiary (other
          than any Excluded Subsidiary) is formed or acquired or if any Subsidiary ceases to be an Excluded Subsidiary or becomes a Designated Subsidiary, in each case after the Closing Date, the Borrower will, as promptly as practicable and, in any event,
          within 90 days (or such longer period as the Administrative Agent, acting reasonably, may agree to in writing (including electronic mail)) after such Subsidiary is formed or acquired or ceases to be an Excluded Subsidiary or becomes a Designated
          Subsidiary, notify the Administrative Agent thereof and, to the extent applicable, cause the Collateral and Guarantee Requirement to be satisfied with respect to such Subsidiary (and any Material Real Property owned by such Subsidiary) and with
          respect to any Equity Interest in or Indebtedness of such Subsidiary owned by or on behalf of any Loan Party and such other documents, certificates and opinions consistent with those delivered pursuant to Sections 4.01(b) and (c) that the
          Administrative Agent may reasonably request with respect to such Subsidiary.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; The Borrower may designate by writing to the Administrative Agent any wholly owned Restricted Subsidiary that is a U.S. Subsidiary or a
          Designated Foreign Subsidiary and otherwise an Excluded Subsidiary as a Designated Subsidiary (each such Restricted Subsidiary, a &#8220;<font style="font-family: 'Times New Roman';"><u>Designated Subsidiary</u></font>&#8221;).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.13.&#160; <font style="font-family: 'Times New Roman';"><u>Further Assurances.</u></font>&#160; (a)&#160;&#160; The Borrower will, and will cause each of
          its Subsidiaries that is a Loan Party to, execute any and all further documents, financing statements, agreements and instruments, and take all such further actions (including the filing and recording of financing statements, fixture filings,
          mortgages, deeds of trust and other documents, and the recording of instruments in the United States Patent and Trademark Office and the United States Copyright Office), that may be required under any applicable law, or that the Administrative
          Agent or the Required Lenders may reasonably request, to cause the Collateral and Guarantee Requirement to be and remain satisfied and are necessary in the applicable jurisdiction in order for Liens in the Collateral to remain perfected, all at
          the expense of the Loan Parties.&#160; <font style="font-family: 'Times New Roman';">Notwithstanding anything contained in this Agreement, no Mortgage shall be executed and delivered to the Administrative Agent with respect to any real property
            located in an area identified by the Federal Emergency Management Agency (or any successor agency) as a &#8220;special flood hazard area&#8221; with respect to which flood insurance has been made available under Flood Insurance Laws unless and until each
            Lender has received, at least 30 calendar days prior to such execution and delivery, a &#8220;Life-of-Loan&#8221; Federal Emergency Management Agency Standard Flood Hazard Determination (together with a notice about special flood hazard area status and
            flood disaster assistance duly executed by the Borrower and each applicable mortgagor relating thereto) (<u>provided</u>, that in no event shall the Borrower be required to deliver more than one flood determination to the Lenders as a whole)
            and each such lender has confirmed to the Administrative Agent that flood insurance due diligence and flood insurance compliance has been&#160; completed to its reasonable satisfaction (such written confirmation not to be unreasonably withheld or
            delayed); <u>provided</u> however that the time period for execution and delivery of any such Mortgage (and any related documents pursuant to the </font>Collateral and Guarantee Requirement<font style="font-family: 'Times New Roman';">) by
            the applicable Loan Party shall, to the extent necessary, be automatically extended to the date on which the Administrative Agent is permitted under this Section to enter into such Mortgage.</font></div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; If any material assets (other than Excluded Property) including any Material Real Property, or any IP Rights (other than Excluded Property) are
        acquired by a Loan Party after the Closing Date (other than assets constituting Collateral under the applicable Security Document that become subject to the Lien created by such Security Document upon acquisition thereof), the Borrower will notify
        the Administrative Agent and the Lenders thereof, and, if requested by the Administrative Agent or the Required Lenders, the Borrower will cause such assets to be subjected to a Lien securing the Obligations and will, subject to the Collateral and
        Guarantee Requirement, take, and cause the Loan Parties to take, such actions as shall be necessary to grant and perfect such Liens, including actions described in paragraph (a) of this Section, and otherwise cause the Collateral and Guarantee
        Requirement to be satisfied, all at the expense of the Loan Parties.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">132</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; Notwithstanding anything herein to the contrary, with respect to pledges of, or grants of security interests in, assets acquired by a Loan
          Party after the Closing Date (including Equity Interests of newly-acquired Restricted Subsidiaries) or that cease to be Excluded Property after the Closing Date, the Loan Parties shall have the timeframe set forth in the definition of &#8220;Collateral
          and Guarantee Requirement&#8221;, or provided for in the Collateral Agreement or other applicable Security Document, or if no timeframe is so provided, ninety (90) days (or such longer period as agreed by the Administrative Agent, acting reasonably)
          after the date of such acquisition (or after the date such assets cease to be Excluded Property) to comply with the requirements of clauses (a) and (b) above.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(d)&#160; To the extent any Specified Foreign Subsidiary is to be added on or after the Sixth Amendment Effective Date as a Loan Party, the Borrower
          and each Loan Party shall enter into such amendments as reasonably requested by the Administrative Agent so that such Specified Foreign Subsidiary can become a Loan Party on substantially equivalent terms as Loan Parties that are U.S.
          Subsidiaries (in each case taking into consideration any local law prohibitions, requirements and limitations as well as any relevant customary practices with respect to such Specified Foreign Jurisdiction, as reasonably agreed between
          Administrative Agent and the Borrower).</div>
        <div style="font-size: 10pt;"><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.14.&#160; <font style="font-family: 'Times New Roman';"><u>Credit Ratings.</u></font>&#160; The Borrower will use commercially reasonable efforts
          to cause the credit facilities made available under this Agreement to be continuously rated by S&amp;P and Moody&#8217;s (but not any particular rating).&#160; The Borrower will use commercially reasonable efforts to maintain a corporate rating (but not any
          particular rating) from S&amp;P and a corporate family rating (but not any particular rating) from Moody&#8217;s, in each case, in respect of the Borrower.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.15.&#160; <font style="font-family: 'Times New Roman';"><u>Post-Closing Date Matters.</u></font>&#160; As promptly as practicable, and in any
          event within the time period specified in Schedule 5.15 (or such longer period as the Administrative Agent, acting reasonably, may agree to in writing), after the Closing Date, (i) the Borrower shall, and shall cause each of its subsidiaries that
          is a Loan Party to, deliver all Mortgages that are required to be delivered pursuant to, and otherwise satisfy, the Collateral and Guarantee Requirement (if any), except to the extent otherwise agreed by the Administrative Agent pursuant to its
          authority as set forth in the definition of the term &#8220;Collateral and Guarantee Requirement&#8221; and (ii) the Borrower shall deliver, or cause to be delivered, the items specified in Schedule 5.15 hereof or complete such undertakings described on
          Schedule 5.15 hereof, if any, on or before the dates specified with respect to such items, or such later dates as may be agreed to by, or as may be waived by, the Administrative Agent in its reasonable discretion.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.16.&#160; <font style="font-family: 'Times New Roman';"><u>Sixth Amendment Collateral Matters. </u></font>As promptly as practicable, and
          in any event within the time period specified on <font style="font-family: 'Times New Roman';"><u>Schedule 5.16</u></font> (or such longer period as the Administrative Agent may agree to in writing), after the Sixth Amendment Effective Date, the
          Borrower shall deliver, or cause to be delivered, the items specified in <font style="font-family: 'Times New Roman';"><u>Schedule 5.16</u></font> hereof or complete such undertakings described on <font style="font-family: 'Times New Roman';"><u>Schedule




              5.16</u></font> hereof, if any, on or before the dates specified with respect to such items, or such later dates as may be agreed to by, or as may be waived by, the Administrative Agent.</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">133</font></div>
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      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 5.17.&#160; <font style="font-family: 'Times New Roman';"><u>Account Control Agreements.</u></font>&#160; <font style="font-family: 'Times New Roman';">Each Loan Party shall, within sixty (60) days after the Seventh Amendment Effective Date (or such later date as the Administrative Agent may reasonably agree), enter into a springing account control agreement (each, a &#8220;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">Blocked Account Agreement</font><font style="font-family: 'Times New Roman';">&#8221;), in form reasonably satisfactory to the Administrative Agent, with the applicable Loan Party, the
            Administrative Agent and any financial institution with which such Loan Party maintains a Material Account (collectively, the &#8220;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">Blocked Accounts</font><font style="font-family: 'Times New Roman';">&#8221;).&#160; Subject to the immediately succeeding sentence, </font>f<font style="font-family: 'Times New Roman';">rom and after the date that is sixty (60) days after the Seventh Amendment Effective Date (or
            such later date as the Administrative Agent may reasonably agree pursuant to the immediately preceding sentence), each Loan Party shall ensure that this <u>Section 5.17</u> is satisfied at all times.</font> In the event that, after the Seventh
          Amendment Effective Date, any Loan Party opens a new deposit account or securities account that is a Material Account, such Loan Party shall, <font style="font-family: 'Times New Roman';">within sixty (60) days after the date on which such
            Material Account was opened (or such later date as the Administrative Agent may reasonably agree), enter into a Blocked Account Agreement with respect to each such Material Account.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">ARTICLE VI</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><u>Negative Covenants</u></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">Until the Commitments shall have expired or been terminated and the principal of and interest on each Loan and all fees, expenses and other amounts
        (other than contingent amounts not yet due) payable under this Agreement or any other Loan Document have been paid in full, and all Letters of Credit (other than those collateralized or back-stopped on terms reasonably satisfactory to the
        applicable Issuing Bank) have expired or been terminated and all LC Disbursements shall have been reimbursed:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; text-indent: 72pt;">SECTION 6.01.&#160; <font style="font-family: 'Times New Roman';"><u>Indebtedness; Certain Equity Securities.</u></font>&#160; (a)&#160;&#160; The Borrower will not,
          nor will the Borrower permit any of the Restricted Subsidiaries to, create, incur, assume or permit to exist any Indebtedness, except:</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(i)&#160; </font><font style="font-size: 10pt;">Indebtedness created hereunder and under the other Loan Documents (including any Indebtedness incurred pursuant to Section 2.21 or 2.23);</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ii)&#160; </font><font style="font-size: 10pt;">the Existing Senior Notes;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iii)&#160; </font><font style="font-size: 10pt;">Indebtedness (and Guarantees thereof) existing on the Closing Date and, to the extent having a principal amount in excess of $10,000,000 individually or $25,000,000 in the aggregate set forth in <font style="font-family: 'Times New Roman';"><u>Schedule 6.01</u></font> (in each case, except for intercompany Indebtedness) and any intercompany Indebtedness existing on the Closing Date;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(iv)&#160; </font><font style="font-size: 10pt;">Indebtedness of the Borrower to any Restricted Subsidiary and of any Restricted Subsidiary to the Borrower or any other Restricted Subsidiary which is permitted pursuant to Section 6.04 so long as such Indebtedness of the Borrower or any
            other Loan Party owing to any Restricted Subsidiary that is not a Loan Party shall be subordinated in right of payment to the Obligations on the terms set forth in the Global Intercompany Note (or any other promissory note or agreement with
            substantially similar terms of subordination reasonably satisfactory to the Administrative Agent); <font style="font-family: 'Times New Roman';"><u>provided</u></font> such Indebtedness owed by a Loan Party to a Restricted Subsidiary that is
            not a Loan Party shall not be required to become subject to the Global Intercompany Note (or any other promissory note or agreement referred to above in this clause providing for such subordination) until the 60th day after the latest of (x)
            the Closing Date, (y) the date such Person becomes a Restricted Subsidiary and (z) the date such Restricted Subsidiary becomes the obligor or lender in respect of intercompany Indebtedness owed by or to a Loan Party (or, in each case, such
            longer period as agreed by the Administrative Agent, acting reasonably);</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">134</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(v)&#160; </font><font style="font-size: 10pt;">Guarantees by the Borrower of Indebtedness of any Restricted Subsidiary and by any Restricted Subsidiary of Indebtedness of the Borrower or any other Restricted Subsidiary (other than Indebtedness incurred pursuant to clause (a)(iii) or
            (a)(vii) of this Section); <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (A) the Indebtedness so Guaranteed is permitted by this Section, (B) Guarantees by the Borrower or any other Loan Party of Indebtedness of any
            Subsidiary that is not a Loan Party shall be subject to Section 6.04, <font style="font-family: 'Times New Roman';">(C) Guarantees permitted under this clause (v) shall be subordinated to the Obligations of the applicable Restricted Subsidiary
              to the same extent and on the same terms as the Indebtedness so Guaranteed is subordinated to the Obligations (if such Indebtedness is subordinated to the Obligations)</font> and (D) none of the Existing Senior Notes or any Refinancing
            Indebtedness in respect thereof shall be Guaranteed by any Subsidiary unless such Subsidiary is a Loan Party;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(vi)&#160; </font><font style="font-size: 10pt;">Indebtedness of any member of the Restricted Group incurred to finance the acquisition, construction, repair, replacement or improvement of any fixed or capital assets, including Capital Lease Obligations and any Indebtedness assumed by
            any member of the Restricted Group in connection with the acquisition of any such assets or secured by a Lien on any such assets prior to the acquisition thereof; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that such
            Indebtedness is incurred prior to or within 270 days after such acquisition or the completion of such construction, repair, replacement or improvement; <font style="font-family: 'Times New Roman';"><u>provided</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>further</u></font> that at the time of incurrence thereof, the aggregate principal amount of Indebtedness outstanding under this clause (vi) at any time shall not exceed the greater of (x)
            $140,000,000 and (y) 30.0% of Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b);</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(vii)&#160; </font><font style="font-size: 10pt;">Indebtedness of any Person that becomes a Restricted Subsidiary (or of any Person not previously a Restricted Subsidiary that is merged or consolidated with or into a Restricted Subsidiary in a transaction permitted hereunder) after the
            Closing Date, or Indebtedness of any Person that is assumed by any Restricted Subsidiary in connection with an acquisition of assets by such Restricted Subsidiary in an acquisition permitted by Section 6.04; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that such Indebtedness exists at the time such Person becomes a Restricted Subsidiary (or is so merged or consolidated) or such assets are acquired and is not created in contemplation of or in connection
            with such Person becoming a Restricted Subsidiary (or such merger or consolidation) or such assets being acquired; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that (x) the Indebtedness outstanding in reliance on this
            clause (vii) shall not exceed, in the aggregate at the time of incurrence thereof, the greater of (i) $50,000,000 and (ii) 15.0% of Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements have
            been delivered under Section 5.01(a) or (b) and (y) the Indebtedness of Subsidiaries that are not Loan Parties outstanding in reliance on this clause (vii) shall not exceed, at the time of incurrence thereof and in the aggregate, the
            Non-Guarantor Debt Basket;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">135</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(viii)&#160; </font><font style="font-size: 10pt;">other Indebtedness (which, if constituting Indebtedness for borrowed money, must be unsecured) in an aggregate principal amount outstanding under this clause (viii) at any time not exceeding, the greater of (x) $45,000,000 and (y) 12.5%
            of Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b);</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(ix)&#160; </font><font style="font-size: 10pt;">Indebtedness or other obligations constituting Guarantees by the Borrower or any Subsidiary of the Borrower of Indebtedness of the Released Group incurred in the ordinary course of business or set forth on <font style="font-family: 'Times New Roman';"><u>Schedule 6.01(d)</u></font> under the heading &#8220;Guarantees&#8221;;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(x)&#160; </font><font style="font-size: 10pt;">Indebtedness and obligations in respect of self-insurance and obligations in respect of bids, tenders, trade contracts (other than for payment of Indebtedness), leases (other than Capital Lease Obligations), public or statutory
            obligations, surety, stay, customs and appeal bonds, performance bonds and other obligations of a like nature and similar obligations or obligations in respect of letters of credit, bank guarantees or similar instruments related thereto, in
            each case provided in the ordinary course of business;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xi)&#160; </font><font style="font-size: 10pt;">Indebtedness in respect of Hedging Agreements permitted by Section 6.07;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xii)&#160; </font><font style="font-size: 10pt;">Indebtedness in respect of any overdraft facilities, employee credit card programs, netting services, automated clearinghouse arrangements and other cash management and similar arrangements in the ordinary course of business; <font style="font-family: 'Times New Roman';"><u>provided</u></font>, that such Indebtedness is repaid in full within 10 Business Days of incurrence or the date due to be repaid in the case of credit cards or similar Indebtedness;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xiii)&#160; </font><font style="font-size: 10pt;">Indebtedness in the form of deferred compensation (including indemnification obligations, obligations in respect of purchase price adjustments, earnouts, non-competition agreements and other contingent arrangements) or other arrangements
            representing acquisition consideration or deferred payments of a similar nature incurred in connection with any acquisition or other investment permitted under this Agreement;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xiv)&#160; </font><font style="font-size: 10pt;">Refinancing Term Loan Indebtedness incurred pursuant to Section 2.23; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the Net Proceeds thereof are used to make the prepayments required under clause (a)(iii) of
            Section 2.23;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xv)&#160; </font><font style="font-size: 10pt;">Alternative Incremental Facility Debt (it being acknowledged that the Indebtedness under the First Lien Note Purchase Agreement as of the Sixth Amendment Effective Date in an aggregate principal amount at any time outstanding not to
            exceed $275,000,000 constitutes Alternative Incremental Facility Debt), <font style="font-family: 'Times New Roman';"><u>provided</u></font> that the (A) aggregate principal amount of such Alternative Incremental Facility Debt shall not exceed
            the amount permitted under Section 2.21 (for the avoidance of doubt, after giving effect to the incurrence of the Indebtedness under the First Lien Note Purchase Agreement in reliance on this clause (xv)) and (B) if any such Alternative
            Incremental Facility Debt (1) is secured by Liens on the Collateral on a <font style="font-family: 'Times New Roman';"><u>pari</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>passu</u></font> basis with the Liens securing the
            Obligations or (2) is secured by Liens on the Collateral on a junior basis to the Liens securing the Obligations, such Alternative Incremental Facility shall be subject to an Acceptable Intercreditor Agreement;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">136</font></div>
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xvi)&#160; </font><font style="font-size: 10pt;">Indebtedness representing deferred compensation to directors, officers, consultants or employees of the Borrower and the Restricted Subsidiaries incurred in the ordinary course of business;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xvii)&#160; </font><font style="font-size: 10pt;">Indebtedness consisting of promissory notes issued by any Loan Party to current or former officers, directors, consultants and employees or their respective estates, spouses or former spouses to finance the purchase or redemption of
            Equity Interests of the Borrower permitted by Section 6.08;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xviii)&#160; </font><font style="font-size: 10pt;">[reserved];</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xix)&#160; </font><font style="font-size: 10pt;">(x) Indebtedness of The Pitney Bowes Bank, Inc. and its Subsidiaries and (y) working capital and other similar Indebtedness of other Restricted Subsidiaries that are not Loan Parties incurred in the ordinary course of business, which
            Indebtedness in each case is not secured by the Collateral; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that at the time such Indebtedness is incurred under this clause (xix) and after giving effect thereto, such
            incurrence shall not cause the Non-Guarantor Debt Basket to be exceeded;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xx)&#160; </font><font style="font-size: 10pt;">other Indebtedness of the Borrower or any other Loan Party so long as (A) both (x) after giving thereto on a Pro Forma Basis (1) in the case of Indebtedness secured by a Lien on the Collateral that is pari passu to the Liens securing the
            Obligations, the Consolidated Total Leverage Ratio does not exceed 1.50 to 1.00 and (y) the Consolidated Total Leverage Ratio as at the end of each of the two most recently ended fiscal quarters for which financial statements have been
            delivered pursuant to Section 5.01(a) or (b) does not exceed 1.50 to 1.00, (2) in the case of Indebtedness secured by a Lien on the Collateral that is junior to the Liens securing the Obligations, the Consolidated Secured Leverage Ratio does
            not exceed 3.75 to 1.00 and (3) in the case of any Indebtedness that is unsecured, the Consolidated Interest Coverage Ratio is no less than 2.00 to 1.00, (B) such Indebtedness shall not mature or require any scheduled amortization or require
            scheduled payments of principal (except, in the case of Indebtedness referred to in clause (1) above, amortization not in excess of 1.00% per annum) and shall be subject to any mandatory redemption, repurchase, repayment or sinking fund
            obligation (except, in each case, upon the occurrence of an event of default, asset sale or a change in control), in each case, prior to the Latest Maturity Date as of such date (or, in the case of Indebtedness secured on a junior basis to the
            Obligations or unsecured Indebtedness, the date that is 90 days after the Latest Maturity Date as of such date), and shall have a weighted average life to maturity not shorter than the longest remaining weighted average life to maturity of the
            then outstanding Loans, (C) no Default or Event of Default shall exist or shall result therefrom (it being understood that if the proceeds of the relevant Indebtedness will be applied to finance a Limited Condition Transaction and the Borrower
            has made an LCT Election, no Event of Default shall exist and be continuing as of the LCT Test Date), (D) such Indebtedness has terms and conditions (other than with respect to fees, call premium and interest rate) that in the good faith
            determination of the Borrower are no less favorable to the Borrower (when taken as a whole) to the terms and conditions of the Loan Documents (when taken as a whole) (and in any event, does include any financial covenant unless the Lenders also
            receive the benefit of such financial covenant), (E) such Indebtedness is not guaranteed by any Subsidiaries other than the Loan Parties, (F) such Indebtedness is not secured by collateral that does not constitute Collateral and (G) if any such
            Indebtedness (1) is secured by Liens on the Collateral on a <font style="font-family: 'Times New Roman';"><u>pari</u></font>&#160;<font style="font-family: 'Times New Roman';"><u>passu</u></font> basis with the Liens securing the Obligations or (2)
            is secured by Liens on the Collateral on a junior basis to the Liens securing the Obligations, such Indebtedness shall be subject to an Acceptable Intercreditor Agreement;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">137</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxi)&#160; </font><font style="font-size: 10pt;">Indebtedness constituting obligations arising in respect of Cash Management Services incurred or undertaken in the ordinary course of business on arm&#8217;s length commercial terms;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxii)&#160; </font><font style="font-size: 10pt;">Indebtedness constituting Secured Hedging Obligations;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxiii)&#160; </font><font style="font-size: 10pt;">Indebtedness consisting of (A) the financing of insurance premiums or (B) take-or-pay obligations contained in supply arrangements, in each case, in the ordinary course of business;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxiv)&#160; </font><font style="font-size: 10pt;">Refinancing Indebtedness in respect of Indebtedness permitted under clauses (ii), (iii), (vi), (vii), (viii), (xv), (xix) and (xx) of this Section 6.01(a) (it being understood and agreed that to the extent that any Indebtedness incurred
            under clauses (vi), (vii), (viii), (xv) and (xix) of this Section 6.01(a) is refinanced with Refinancing Indebtedness under this clause (xxiv), then the aggregate outstanding principal amount of such Refinancing Indebtedness shall also be
            deemed to utilize the related basket (including, for the avoidance of doubt, the Non-Guarantor Debt Basket, as applicable) under the applicable clause of this Section 6.01(a) on a dollar-for-dollar basis (it being further understood an agreed
            that a Default shall be deemed not to have occurred solely to the extent that the incurrence of Refinancing Indebtedness would cause the permitted amount under such clause of this Section 6.01(a) to be exceeded and such excess shall be
            permitted hereunder to the extent contemplated by the definition of Refinancing Indebtedness));</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxv)&#160; </font><font style="font-size: 10pt;">Indebtedness incurred by a Restricted Subsidiary in connection with bankers&#8217; acceptances, discounted bills of exchange or the discounting or factoring of receivables for credit management purposes, in each case incurred or undertaken in
            the ordinary course of business on arm&#8217;s length commercial terms on a non-recourse basis;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxvi)&#160; </font><font style="font-size: 10pt;">Indebtedness incurred by the Borrower or any of the Restricted Subsidiaries in respect of letters of credit, bank guarantees, bankers&#8217; acceptances or similar instruments issued or created in the ordinary course of business or consistent
            with past practice, in each case, in respect of workers&#8217; compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance or other reimbursement-type obligations regarding
            workers&#8217; compensation claims;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">138</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxvii)&#160; </font><font style="font-size: 10pt;">(x) Indebtedness in respect of obligations of the Borrower or any Restricted Subsidiary to pay the deferred purchase price of goods or services or progress payments in connection with such goods and services; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that such obligations are incurred in connection with open accounts extended by suppliers on customary trade terms in the ordinary course of business and not in connection with the borrowing of money
            and (y) Indebtedness in respect of intercompany obligations of the Borrower or any Restricted Subsidiary in respect of accounts payable incurred in connection with goods sold or services rendered in the ordinary course of business and not in
            connection with the borrowing of money;</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxviii)&#160; </font><font style="font-size: 10pt;">[reserved];</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxix)&#160; </font><font style="font-size: 10pt;">(x) tenant improvement loans and allowances in the ordinary course of business and (y) to the extent constituting Indebtedness, guaranties in the ordinary course of business of the obligations of suppliers, customers, franchisees,
            lessors and licensees of the Borrower and any Restricted Subsidiary; and</font></div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">(xxx)&#160; </font><font style="font-size: 10pt;">all premiums (if any), interest (including post-petition interest), fees, expenses, charges and additional or contingent interest on obligations described in clauses (i) through (xxix) above.</font></div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(b)&#160; <font style="font-family: 'Times New Roman';">For purposes of determining compliance with this Section, in the event that an item of
            Indebtedness at any time, whether at the time of Incurrence or upon the application of all or a portion of the proceeds thereof or subsequently, meets the criteria of more than one of the categories (other than ratio-based baskets) of Section
            6.01(a), the Borrower and the Restricted Subsidiaries shall, in their sole discretion, divide or classify such item of Indebtedness solely between and among such categories;</font>&#160;<font style="font-family: 'Times New Roman';"><u>provided</u></font>
          that Indebtedness incurred hereunder shall only be classified as incurred under Section 6.01(a)(i) and the Existing Senior Notes shall only be classified as incurred under Section 6.01(a)(ii). Accrual of interest or dividends, the accretion of
          accreted value, the accretion or amortization of original issue discount, the payment of interest or dividends in the form of additional Indebtedness with the same terms, the payment of dividends on Disqualified Equity Interests in the form of
          additional shares of Disqualified Equity Interests of the same class, the accretion of liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies will not
          be deemed to be an Incurrence of Indebtedness or Disqualified Equity Interests for purposes of this covenant.&#160; Guarantees of, or obligations in respect of letters of credit relating to, Indebtedness that are otherwise included in the
          determination of a particular amount of Indebtedness shall not be included in the determination of such amount of Indebtedness;<font style="font-family: 'Times New Roman'; font-style: italic;">&#160;</font><font style="font-family: 'Times New Roman';"><u>provided</u></font>
          that the Incurrence of the Indebtedness represented by such guarantee or letter of credit, as the case may be, was in compliance with this covenant.</div>
        <div style="font-size: 10pt;">&#160;</div>
        <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman'; font-size: 10pt;">(c)&#160; For purposes of determining compliance with any dollar-denominated restriction on the Incurrence of Indebtedness, the principal amount of
          Indebtedness denominated in a foreign currency shall be calculated based on the relevant currency exchange rate in effect on the date such Indebtedness was incurred, in the case of term debt, or first committed or first incurred (at the
          Borrower&#8217;s election), in the case of revolving credit debt; <font style="font-family: 'Times New Roman';"><u>provided</u></font> that if such Indebtedness is incurred to refinance other Indebtedness denominated in a foreign currency, and such
          refinancing would cause the applicable dollar-denominated restriction to be exceeded if calculated at the relevant currency exchange rate in effect on the date of such refinancing, such dollar-denominated restriction shall be deemed not to have
          been exceeded so long as the principal amount of such refinancing Indebtedness does not exceed the principal amount of such Indebtedness being refinanced (plus the aggregate amount of premiums (including reasonable tender premiums), defeasance
          costs and fees, discounts and expenses in connection therewith).</div>
        <div style="font-size: 10pt;">&#160;</div>
      </div>
      <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'; font-size: 8pt; font-weight: normal; font-style: normal;">139</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="font-size: 10pt;">
        <div>
          <hr noshade="noshade" align="" style="background-color: rgb(0, 0, 0); border-width: medium; border-style: none; border-color: -moz-use-text-color; color: rgb(0, 0, 0);">
          <div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(d)&#160; Notwithstanding anything herein to the contrary, (x) no Foreign Subsidiary shall Guarantee any Material Indebtedness of the Borrower or any U.S. Subsidiary that is a Loan Party unless
                substantially contemporaneously with the incurrence of such Guarantee such Foreign Subsidiary shall Guarantee the Obligations pursuant to documentation reasonably acceptable to the Administrative Agent and (y) except as permitted by Section
                6.01(a)(ix), the Borrower shall not, nor will the Borrower permit any of its Restricted Subsidiaries to, Guarantee any Indebtedness of the Released Group or incur or become liable for any Indebtedness owing to the Released Group other than,
                in each case, with respect to Indebtedness currently in effect on the Seventh Amendment Effective Date.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113768"></a><a name="z_Toc521540190"></a><a name="z_Toc521540419"></a><a name="z_Toc522563381"></a><a name="z_Toc524723020"></a><a name="z_Toc525082097"></a><a name="z_Toc525090881"></a><a name="z_Toc525093037"></a><a name="z_Toc525101013"></a><a name="z_Toc525843350"></a><a name="z_Toc21213237"></a><a name="z_Toc21214395"></a><a name="z_Toc21214515"></a><a name="z_Toc21306324"></a><a name="z_Toc21378398"></a><a name="z_Toc21422771"></a><a name="z_Toc173955969"></a>SECTION 6.02.&#160; <u>Liens.</u>&#160; (a) Neither the Borrower will, nor will the Borrower permit any of the Restricted Subsidiaries to, create, incur, assume or
                permit to exist any Lien on any asset now owned or hereafter acquired by it, except:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>Liens created under the Loan Documents;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>Permitted Encumbrances;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>any Lien on any asset of the Borrower or any Restricted Subsidiary existing on the Closing Date&#160;and to the extent
                securing Indebtedness or obligations (other than intercompany Indebtedness or obligations) having a principal amount in excess of $10,000,000 individually or $25,000,000 in the aggregate, as set forth in Schedule 6.02; <u>provided</u> that
                (A) such Lien shall not apply to any other asset of the Borrower or any Restricted Subsidiary (other than assets financed by the same financing source in the ordinary course of business and after-acquired property that is affixed or
                incorporated into the asset(s) covered by such Lien or financed by Indebtedness permitted under Section 6.01(a)(iii) or Refinancing Indebtedness in respect thereof) and (B) such Lien shall secure only those obligations that it secures on
                the Closing Date and extensions, renewals, replacements and refinancings thereof so long as the principal amount of such extensions, renewals, replacements and refinancings does not exceed the principal amount of the obligations being
                extended, renewed, replaced or refinanced or, in the case of any such obligations constituting Indebtedness, that are permitted under Section 6.01(a)(xxiv) as Refinancing Indebtedness in respect of Indebtedness permitted under Section
                6.01(a)(iii);</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">140</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iv)&#160; </font>any Lien existing on any asset prior to the acquisition thereof by the Borrower or any Restricted Subsidiary or
                existing on any asset of any Person that becomes a Restricted Subsidiary (or of any Person not previously a Restricted Subsidiary that is merged or consolidated with or into a Restricted Subsidiary in a transaction permitted hereunder)
                after the Closing Date prior to the time such Person becomes a Restricted Subsidiary (or is so merged or consolidated); <u>provided</u> that (A) such Lien is not created in contemplation of or in connection with such acquisition or such
                Person becoming a Restricted Subsidiary (or such merger or consolidation), (B) such Lien shall not apply to any other asset of the Borrower or any Restricted Subsidiary (other than (x) assets financed by the same financing source in the
                ordinary course of business and after-acquired property that is affixed or incorporated into the asset(s) covered by such Lien or financed by Indebtedness permitted under Section 6.01(a)(vii) or otherwise required to be pledged pursuant to
                the provisions governing such Indebtedness as of the time of the relevant acquisition by the Borrower or any Restricted Subsidiary and (y) in the case of any such merger or consolidation, the assets of any special purpose merger Subsidiary
                that is a party thereto) and (C) such Lien shall secure only those obligations that it secures on the date of such acquisition or the date such Person becomes a Restricted Subsidiary (or is so merged or consolidated) and extensions,
                renewals, replacements and refinancings thereof so long as the principal amount of such extensions, renewals and replacements does not exceed the principal amount of the obligations being extended, renewed or replaced or, in the case of any
                such obligations constituting Indebtedness, that are permitted under Section 6.01(a)(xxiv) as Refinancing Indebtedness in respect of Indebtedness permitted under Section 6.01(a)(vii);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(v)&#160; </font>Liens on fixed or capital assets acquired, constructed, repaired, replaced or improved (including any such assets made
                the subject of a Capital Lease Obligation incurred) by the Borrower or any Restricted Subsidiary; <u>provided</u> that (A) such Liens secure Indebtedness incurred to finance such acquisition, construction, repair, replacement or
                improvement and permitted by clause (vi) of Section 6.01(a) or any Refinancing Indebtedness in respect thereof permitted by clause (xxiv) of Section 6.01(a), (B) such Liens and the Indebtedness secured thereby are incurred prior to or
                within 270 days after such acquisition or the completion of such construction, repair, replacement or improvement (<u>provided</u> that this clause (B) shall not apply to any Refinancing Indebtedness permitted by clause (xxiv) of Section
                6.01(a) or any Lien securing such Refinancing Indebtedness), (C) the Indebtedness secured thereby does not exceed the cost of acquiring, constructing, repairing, replacing or improving such fixed or capital asset and in any event, the
                aggregate principal amount of such Indebtedness does not exceed the amount permitted under the second proviso of Section 6.01(a)(vi) at any time outstanding and (D) such Liens shall not apply to any other property or assets of the Borrower
                or any Restricted Subsidiary (except assets financed by the same financing source in the ordinary course of business and after-acquired property that is affixed or incorporated into the asset(s) covered by such Lien or financed by
                Indebtedness permitted under Section 6.01(a)(vi));</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(vi)&#160; </font>customary rights and restrictions contained in agreements relating to any sale or transfer pending the completion
                thereof in connection with the sale or transfer of any Equity Interests or other assets in a transaction permitted under Section 6.05;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(vii)&#160; </font>customary encumbrances or restrictions (including put and call arrangements, tag, drag, right of first refusal and
                similar rights) with respect to Equity Interests of any joint venture or similar arrangement pursuant to any joint venture or similar agreement;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(viii)&#160; </font>Liens on any cash advances or cash earnest money deposits, escrow arrangements or similar arrangements made by the
                Borrower or any Restricted Subsidiary in connection with any letter of intent or purchase agreement for an acquisition, disposition or other transaction permitted hereunder;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">141</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ix)&#160; </font>Liens on Collateral securing any Permitted Junior Lien Refinancing Debt or Alternative Incremental Facility Debt (or
                any Refinancing Indebtedness in respect thereof permitted pursuant to clause (xxiv) of Section 6.01(a)); <u>provided</u> that such Liens are subject to the terms of an Acceptable Intercreditor Agreement;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(x)&#160; </font>Liens granted by a Subsidiary that is not a Loan Party in respect of Indebtedness permitted to be incurred by such
                Subsidiary under Section 6.01;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xi)&#160; </font>Liens not otherwise permitted by this Section and not securing Indebtedness for borrowed money to the extent that the
                aggregate outstanding principal amount of the obligations secured thereby outstanding under this clause (xi) at any time does not exceed the greater of (x) $45,000,000 and (y) 12.5% of Consolidated EBITDA for the most recently ended four
                fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b) (or, in the case of any such Liens securing obligations constituting Refinancing Indebtedness permitted under clause (xxiv) of Section
                6.01(a) in respect of Indebtedness originally incurred under clause (viii) of Section 6.01(a), such greater principal amount that is permitted in respect thereof under clause (xxiv) of Section 6.01(a));</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xii)&#160; </font>Liens securing Indebtedness incurred as secured Indebtedness under Section 6.01(a)(xv) or (xx) (or incurred as secured
                Refinancing Indebtedness in respect thereof permitted pursuant to clause (xxiv) of Section 6.01(a) so long as such Liens are subject to an Acceptable Intercreditor Agreement);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xiii)&#160; </font>Liens on cash and Permitted Investments granted in favor of The Pitney Bowes Bank, Inc. or one of its Subsidiaries
                which secure &#8220;credit transactions&#8221; with an &#8220;affiliate&#8221; of The Pitney Bowes Bank, Inc. which constitute or may constitute &#8220;covered transactions&#8221; pursuant to Section 23A of the Federal Reserve Act (12 U.S.C. &#167; 371c) and Regulation W of the
                Federal Reserve Board (12 CFR part 223);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xiv)&#160; </font>[reserved];</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xv)&#160; </font>Liens on property or other assets of any Restricted Subsidiary that is not a Loan Party, which Liens secure
                Indebtedness or other obligations of such Restricted Subsidiary or another Restricted Subsidiary that is not a Loan Party, in each case permitted under Section 6.01(a) (if applicable);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xvi)&#160; </font>Liens on the Collateral securing Secured Cash Management Obligations and Secured Hedging Obligations;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xvii)&#160; </font>Liens on cash and Permitted Investments used to satisfy or discharge Indebtedness; <u>provided</u> such satisfaction
                or discharge is permitted hereunder;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">142</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xviii)&#160; </font>[reserved];</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xix)&#160; </font>Liens on cash, Permitted Investments or other marketable securities securing (A) letters of credit of any Loan Party
                that are cash collateralized on the Closing Date in an amount of cash, Permitted Investments or other marketable securities with a fair market value of up to 105% of the face amount of such letters of credit being secured or (B) letters of
                credit and other credit support obligations in the ordinary course of business; and</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xx)&#160; </font>any Liens on cash or deposits granted in favor of any Issuing Bank to cash collateralize any Defaulting Lender&#8217;s
                participation in Letters of Credit or other obligations in respect of Letters of Credit, in each case as contemplated by this Agreement;</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify;"><u>provided</u> that the expansion of Liens by virtue of accretion or amortization of original issue discount, the payment of dividends in the form of Indebtedness, and increases in the amount of Indebtedness
                outstanding solely as a result of fluctuations in the exchange rate of currencies will not be deemed to be an incurrence of Liens for purposes of this Section.&#160; For purposes of determining compliance with this Section, (x) a Lien need not
                be incurred solely by reference to one category of Liens described in this Section but may be incurred under any combination of such categories (including in part under one such category and in part under any other such category) and (y) in
                the event that a Lien (or any portion thereof) meets the criteria of one or more of such categories hereof, the Borrower and the Restricted Subsidiaries shall, in their sole discretion, classify such Lien (or any portion thereof) solely
                between and among such categories.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt;">Notwithstanding the foregoing, (i) the Borrower will not, nor will the Borrower permit any of its Restricted Subsidiaries that are Loan Parties to suffer to exist any Lien on any Indenture
                Restricted Property to secure Indebtedness for borrowed money without equally and ratably securing the Obligations hereunder for so long as such Indebtedness for borrowed money shall be so secured, (ii) the Borrower will not permit any of
                its Subsidiaries that are not Loan Parties to suffer to exist any Lien on any U.S. IP Rights of any of such Subsidiaries to secure Indebtedness for borrowed money and (iii) the Borrower shall not, nor will the Borrower permit any of its
                Restricted Subsidiaries to, assume or permit to exist any Lien on any of their assets securing obligations of, or providing support for, the Released Group, other than, in each case, with respect to Indebtedness currently in effect on the
                Seventh Amendment Effective Date.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113769"></a><a name="z_Toc521540191"></a><a name="z_Toc521540420"></a><a name="z_Toc522563382"></a><a name="z_Toc524723021"></a><a name="z_Toc525082098"></a><a name="z_Toc525090882"></a><a name="z_Toc525093038"></a><a name="z_Toc525101014"></a><a name="z_Toc525843351"></a><a name="z_Toc21213238"></a><a name="z_Toc21214396"></a><a name="z_Toc21214516"></a><a name="z_Toc21306325"></a><a name="z_Toc21378399"></a><a name="z_Toc21422772"></a>Notwithstanding anything to the contrary contained in this Agreement, solely during the period commencing on the Sixth Amendment Effective Date and ending on the date that is 35 days
                thereafter, the Borrower shall be permitted to deposit and hold in a segregated deposit account subject to an account control agreement in favor of the First Lien Noteholder Representative amounts representing Net Proceeds of the
                Indebtedness incurred under the First Lien Note Purchase Agreement that are to be applied to redeem the 2024 Notes or to prepay Tranche A Term Loans in accordance with the terms of this Agreement (the &#8220;<u>Designated First Lien Note Proceeds</u>&#8221;)




                (together, as applicable, with amounts representing interest credited to such account and immaterial excess amounts resulting from the Borrower&#8217;s reasonable good faith estimate of amounts payable in connection with such repayment or
                redemption), pending application thereof to such redemption and repayment, which in the case of the 2024 Notes shall be on or prior to such 35<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day and in the
                case of any Tranche A Term Loans shall be within five Business Days after the Sixth Amendment Effective Date. It is agreed that that (i) the Designated First Lien Note Proceeds shall be applied solely to such redemption and repayment and
                shall not be used for any other purpose and (ii) solely during such 35-day period, the perfected Lien on such deposit account and such amounts therein in favor of the First Lien Noteholder Representative shall be permitted under this
                Section 6.02 and other relevant provisions of this Agreement and shall not preclude the Indebtedness under the First Lien Note Purchase Agreement from constituting Alternative Incremental Facility Debt permitted by Section 6.01(a)(xv); <u>provided</u>
                that such deposit account may remain open after such 35<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day so long as no amounts are on deposit therein (other than interest earned with respect to amounts
                previously deposited therein which is promptly transferred to another account of the Borrower), but the Borrower shall either close such account or cause such account control agreement to be terminated reasonably promptly after the end of
                such 35-day period.</div>
            </div>
            <div>
              <div><br>
              </div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">143</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 6.03.&#160; <u>Fundamental Changes.</u>&#160; (a) The Borrower will not, nor will the Borrower permit any of its Restricted Subsidiaries&#160; to, merge into or consolidate with any other Person,
                or permit any other Person to merge into or consolidate with it, or liquidate or dissolve, divide or otherwise dispose of all or substantially all of its properties and assets to any Person or group of Persons (which, for the avoidance of
                doubt, shall not restrict the change in organizational form), except that:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>any Restricted Subsidiary may merge into or consolidate with (A) the Borrower so long as the Borrower shall be the
                continuing or surviving Person (and continues to be organized under the laws of the same jurisdiction), (B) [reserved] and (C) any other Restricted Subsidiary in a transaction in which the surviving entity is a Restricted Subsidiary and, if
                any party to such merger or consolidation is a Loan Party, either (x) the continuing or surviving entity is a Loan Party or (y) the acquisition of such Loan Party by such continuing or surviving Person is otherwise permitted under 6.04; <u>provided</u>,
                that, after giving effect to any such activities under this Section, the Loan Parties are in compliance with the Collateral and Guarantee Requirement to the extent required by Sections 5.12 and 5.13;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>any Restricted Subsidiary may dispose of all or any of its properties and assets in a transaction permitted pursuant to
                Section 6.05, so long as such disposition does not constitute a disposition of all or substantially all of the properties and assets of the Borrower and the Restricted Subsidiaries taken as a whole;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>any Restricted Subsidiary may liquidate or dissolve; <u>provided</u> that in the case of any dissolution or
                liquidation of a Restricted Subsidiary that is a Loan Party, such Subsidiary shall at or before the time of such dissolution or liquidation transfer its assets to another Loan Party unless such disposition of assets is permitted under
                Section 6.05;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iv)&#160; </font>any Restricted Subsidiary may engage in a merger, consolidation, dissolution or liquidation, the purpose of which is to
                effect an Investment permitted pursuant to Section 6.04 or a disposition permitted pursuant to Section 6.05; and</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">144</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(v)&#160; </font>so long as no Default or Event of Default shall have occurred and be continuing, or would result therefrom, the Borrower
                may merge or consolidate with (or Dispose of all or substantially all of its assets to) any other Person; <u>provided</u> that (A) the Borrower shall be the continuing or surviving Person or (B) if (x) the Person formed by or surviving any
                such merger or consolidation is not the Borrower (y) the Borrower is not the Person into which the Borrower has been liquidated or (z) in connection with a Disposition of all or substantially all of the Borrower&#8217;s assets, the Person that is
                the transferee of such assets is not the Borrower (any such Person, a &#8220;<u>Successor Borrower</u>&#8221;), (1) the Successor Borrower shall be an entity organized or existing under the laws of the United States, (2) the Successor Borrower shall
                expressly assume all the obligations of the Borrower under this Agreement and the other Loan Documents to which the Borrower is a party pursuant to a supplement, amendment or restatement hereto or thereto in form reasonably satisfactory to
                the Administrative Agent, (3) if reasonably requested by the Administrative Agent, the Borrower shall have delivered to the Administrative Agent an officer&#8217;s certificate and an opinion of counsel, each stating that such merger or
                consolidation and such supplement, amendment or restatement to this Agreement or any Loan Document comply with this Agreement and (4) if reasonably requested by the Administrative Agent or any Lender, the Successor Borrower shall have
                delivered to the Administrative Agent all documentation and other information required by bank regulatory authorities under applicable &#8220;know your customer&#8221; and anti-money laundering rules and regulations, including, without limitation, the
                USA PATRIOT Act and to the extent the Successor Borrower qualifies as a &#8220;legal entity customer&#8221; under the Beneficial Ownership Regulation, a Beneficial Ownership Certification in relation to the Borrower; <u>provided</u>, <u>further</u>,
                that if the foregoing are satisfied, the Successor Borrower, will succeed to, and be substituted for, the Borrower under this Agreement and the original Borrower will be released.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; The Borrower and the Restricted Subsidiaries, taken as a whole, will not engage to any material extent in any business other than businesses of the type conducted by the Borrower and
                the Restricted Subsidiaries on the Closing Date; <u>provided</u> that businesses reasonably related, incidental or ancillary thereto to the business conducted by the Borrower and the Restricted Subsidiaries, taken as a whole, on the
                Closing Date or reasonable extensions thereof shall be permitted hereunder.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify;">Notwithstanding the foregoing, following the Seventh Amendment Effective Date, the Borrower shall not, nor will the Borrower permit any of its Restricted Subsidiaries to, merge into or consolidate with any
                member of the Released Group, permit any member of the Released Group to merge into or consolidate with any Loan Party or divide or otherwise dispose of assets to any member of the Released Group</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113770"></a><a name="z_Toc521540192"></a><a name="z_Toc521540421"></a><a name="z_Toc522563383"></a><a name="z_Toc524723022"></a><a name="z_Toc525082099"></a><a name="z_Toc525090883"></a><a name="z_Toc525093039"></a><a name="z_Toc525101015"></a><a name="z_Toc525843352"></a><a name="z_Toc21213239"></a><a name="z_Toc21214397"></a><a name="z_Toc21214517"></a><a name="z_Toc21306326"></a><a name="z_Toc21378400"></a><a name="z_Toc21422773"></a><a name="z_Toc173955971"></a>SECTION 6.04.&#160; <u>Investments, Loans, Advances, Guarantees and Acquisitions.</u>&#160; The Borrower will not, nor will the Borrower permit any Restricted
                Subsidiary to, make any Investment, except:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; Permitted Investments and cash;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; investments constituting the purchase or other acquisition (in one transaction or a series of related transactions) of all or substantially all of the property and assets or business
                of any Person or of assets constituting a business unit, a line of business or division of such Person, or the Equity Interests in a Person that, upon the consummation thereof, will be a Restricted Subsidiary if, after giving effect thereto
                on a Pro Forma Basis, the Borrower would be in compliance with Sections 6.12 and 6.13; <u>provided</u> that the aggregate amount of cash consideration paid in respect of such investments (including in the form of loans or advances made to
                Restricted Subsidiaries that are not Loan Parties) by Loan Parties involving the acquisition of Restricted Subsidiaries that do not become Loan Parties shall not, at the time such investment is made and after giving effect thereto, cause
                the Non-Guarantor Investment Basket to be exceeded, except, for the avoidance of doubt, to the extent of the available amount under any other basket or ratio incurrence test in another clause of this Section 6.04 (available for Investments
                by Loan Parties in Restricted Subsidiaries that are not Loan Parties) which is utilized to permit such investment (and <u>provided</u> that, to the extent such Restricted Subsidiaries do become Loan Parties, the aggregate amount
                outstanding in reliance on this clause (b) shall be reduced by the amount initially utilized);</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">145</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(c)&#160; loans, leases of equipment and other extensions of credit to customers in the ordinary course of business in connection with the financing business of the Restricted Group;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(d)&#160; Investments existing on the Closing Date and to the extent having a principal amount in excess of $5,000,000 individually or $10,000,000 in the aggregate (in each case, other than with
                respect to intercompany Investments) set forth on Schedule 6.04 and any modification, replacement, renewal, reinvestment or extension thereof;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(e)&#160; Investments by the Borrower and the Restricted Subsidiaries in Equity Interests of their respective Restricted Subsidiaries; <u>provided</u> that (i) any such Equity Interests held by
                a Loan Party in any other Loan Party shall be pledged to the extent required by the definition of the term &#8220;Collateral and Guarantee Requirement&#8221; (and subject to the timeframes set forth in Section 5.12, 5.13 or 5.15 or in the Collateral
                Agreement or other applicable Security Documents) and (ii) the&#160; making of such Investment by any Loan Party in any Restricted Subsidiary that is not a Loan Party shall not, at the time such Investment is made and after giving effect
                thereto, cause the Non-Guarantor Investment Basket to be exceeded, <u>provided</u> that if any such investment under this subclause (ii) is made for the purpose of making an investment, loan or advance permitted under clause (u) of this
                Section, the amount available under this clause (e) shall not be reduced by the amount of any such investment, loan or advance which reduces the basket under clause (u) of this Section;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(f)&#160; loans or advances made by the Borrower to any Restricted Subsidiary and made by any Restricted Subsidiary to the Borrower or any other Restricted Subsidiary; <u>provided</u> that (i)
                any such loans and advances made by a Loan Party in excess of $20,000,000 shall be evidenced, on and after the Closing Date, by the Global Intercompany Note or other promissory notes reasonably acceptable to the Administrative Agent, <u>provided</u>,
                that with respect to loans and advances made after the Closing Date, evidence of such loans and advances by the Global Intercompany Note or other promissory note shall not be required until 60 days after the making of such loan or advance
                and (ii) the outstanding amount of such loans and advances pursuant to this clause (f) made by Loan Parties to Restricted Subsidiaries that are not Loan Parties at the time such loans or advances are made, and after giving effect thereto,
                shall not cause the Non-Guarantor Investment Basket to be exceeded, <u>provided</u> that any intercompany loans or advances made by any Loan Party to any Restricted Subsidiary that is not a Loan Party using the proceeds of intercompany
                loans or advances received from Restricted Subsidiaries that are not Loan Parties no more than 120 days prior to making such intercompany loan or advance shall not be taken into account in the calculation of any restriction or basket set
                forth in this subclause (ii) (including the Non-Guarantor Investment Basket); <u>provided</u>&#160;<u>further</u> that if any such loan or advance under this subclause (ii) is made for the purpose of making an investment, loan or advance
                permitted under clause (u) of this Section, the amount available under this clause (f) shall not be reduced by the amount of any such investment, loan or advance which reduces the basket under clause (u) of this Section, <u>provided
                  further</u> that any loan or advance made by any Loan Party to a Restricted Subsidiary that is not a Loan Party, for the purposes of calculating usage under this subclause (ii) and the Non-Guarantor Investment Basket, shall be reduced
                dollar-for-dollar by any amounts owed by such Loan Party to such Restricted Subsidiary that is not a Loan Party;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">146</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(g)&#160; Guarantees by the Borrower or any Restricted Subsidiary in respect of Indebtedness permitted under Section 6.01 and in respect of other obligations not otherwise contemplated by this
                Section, in each case of the Borrower or any Restricted Subsidiary; <u>provided</u> that any such Guarantees of Indebtedness, in each case of Restricted Subsidiaries that are not Loan Parties by any Loan Party shall not, at the time any
                such Guarantee is provided and after giving effect thereto, cause the Non-Guarantor Investment Basket to be exceeded;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(h)&#160; loans or advances to directors, officers, consultants or employees of the Borrower or any Restricted Subsidiary made in the ordinary course of business of the Borrower or such
                Restricted Subsidiary, as applicable, not exceeding $10,000,000 in the aggregate outstanding at any time (determined without regard to any write-downs or write-offs of such loans or advances);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(i)&#160; payroll, travel and similar advances to cover matters that are expected at the time of such advances ultimately to be treated as expenses of the Borrower or any Restricted Subsidiary
                for accounting purposes and that are made in the ordinary course of business;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(j)&#160; investments received in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts and disputes with, customers and suppliers or upon the foreclosure
                with respect to any secured Investment or other transfer of title with respect to any secured Investment, in each case in the ordinary course of business;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(k)&#160; investments in the form of Hedging Agreements permitted by Section 6.07;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(l)&#160; investments of any Person existing at the time such Person becomes a Restricted Subsidiary or consolidates or merges with the Borrower or any Restricted Subsidiary so long as such
                investments were not made in contemplation of such Person becoming a Restricted Subsidiary or of such consolidation or merger;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(m)&#160; investments resulting from pledges or deposits described in clauses (c), (d), (o), (r), (aa) or (dd) of the definition of the term &#8220;Permitted Encumbrance&#8221; or Section 6.02(a)(viii);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(n)&#160; investments made as a result of the receipt of noncash consideration from a sale, transfer, lease or other disposition of any asset in compliance with Section 6.05;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(o)&#160; investments that result solely from the receipt by the Borrower or any Restricted Subsidiary from any of its Subsidiaries of a dividend or other Restricted Payment in the form of
                Equity Interests, evidences of Indebtedness or other securities (but not any additions thereto made after the date of the receipt thereof);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(p)&#160; receivables or other trade payables owing to the Borrower or a Restricted Subsidiary if created or acquired in the ordinary course of business and payable or dischargeable in
                accordance with customary trade terms; <u>provided</u> that such trade terms may include such concessionary trade terms as the Borrower or any Restricted Subsidiary deems reasonable under the circumstances;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(q)&#160; mergers and consolidations permitted under Section 6.03 that do not involve any Person other than the Borrower and Restricted Subsidiaries that are wholly owned Restricted
                Subsidiaries;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">147</font></div>
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(r)&#160; Investments in the form of letters of credit, bank guarantees, performance bonds or similar instruments or other creditor support or reimbursement obligations made in the ordinary
                course of business by the Borrower&#160; on behalf of any Restricted Subsidiary and made by any Restricted Subsidiary on behalf of the Borrower or any other Restricted Subsidiary; <u>provided</u> that at the time such letters of credit, bank
                guarantees, performance bonds or similar instruments or other creditor support or reimbursement obligations are made by Loan Parties on behalf of Restricted Subsidiaries that are not Loan Parties pursuant to this clause (r), and after
                giving effect thereto, such obligations shall not cause the Non-Guarantor Investment Basket to be exceeded;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(s)&#160; Guarantees by the Borrower or any Restricted Subsidiary of leases (other than Capitalized Leases) or of other obligations that do not constitute Indebtedness, in each case entered into
                in the ordinary course of business;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(t)&#160; Investments, so long as, both (x) after giving effect thereto on a Pro Forma Basis, the Consolidated Total Leverage Ratio does not exceed 1.50:1.00 and (y) the Consolidated Total
                Leverage Ratio as at the end of each of the two most recently ended fiscal quarters for which financial statements have been delivered pursuant to Section 5.01(a) or (b) does not exceed 1.50 to 1.00;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(u)&#160; other Investments by the Borrower or any Restricted Subsidiary (and loans and advances by the Borrower) made in the ordinary course of business of the Borrower or such Restricted
                Subsidiary and for bona fide business purposes in an aggregate amount, as valued at cost at the time each such Investment is made and including all related commitments for future Investments (and the principal amount of any Indebtedness
                that is assumed or otherwise incurred in connection with such Investment), outstanding under this clause (u) at any time in an aggregate amount not exceeding the sum of (i) the greater of (x) $50,000,000 and (y) 15.0% of Consolidated EBITDA
                for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b) <u>plus</u> (ii) an amount equal to any returns of capital or sale proceeds actually received in cash in
                respect of any such Investments (which amount shall not exceed the amount of such Investment valued at cost at the time such investment was made); <u>provided</u> that during the Fifth Amendment Period, after giving effect to the making of
                any such Investment under this clause (u), the Consolidated Total Leverage Ratio shall not exceed 2:50:1.00; <u>provided</u>, <u>further</u> that from and after the Fifth Amendment Effective Date until January 1, 2026 (or, if earlier, the
                Fifth Amendment Period Termination Date), no Investment shall be made under this clause (u);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(v)&#160; Investments consisting of (i) extensions of trade credit and accommodation guarantees in the ordinary course of business and (ii) loans and advances to customers; <u>provided</u> that
                the aggregate principal amount of such loans and advances outstanding under this clause (ii) at any time shall not exceed $10,000,000;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(w)&#160; Permitted Bond Hedge Transactions which constitute Investments;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(x)&#160; Investments in the ordinary course of business consisting of Uniform Commercial Code Article 3 endorsements for collection or deposit and Uniform Commercial Code Article 4 customary
                trade arrangements with customers in the ordinary course of business;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(y)&#160; Investments (A) for utilities, security deposits, leases and similar prepaid expenses incurred in the ordinary course of business and (B) in the form of trade accounts created, or
                prepaid expenses accrued, in the ordinary course of business;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">148</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(z)&#160; non-cash Investments in connection with tax planning and reorganization activities; <u>provided</u> that, after giving effect to any such activities, the security interests of the
                Lenders in the Collateral, taken as a whole, would not be impaired;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(aa)&#160; Investments which are customary (as determined in good faith by the Borrower) in connection with Permitted Receivables Facilities;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(bb)&#160; Investments in joint ventures; <u>provided</u> that at the time of any such Investment on a Pro Forma Basis, the aggregate amount at any time outstanding of all such Investments made
                in reliance on this clause (bb) shall not exceed the greater of $50,000,000 and 15.0% of Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or
                (b);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(cc)&#160; Investments in the form of loans or advances made to distributors and suppliers in the ordinary course of business;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(dd)&#160; to the extent they constitute Investments, guaranties in the ordinary course of business of the obligations of suppliers, customers, franchisees, lessors and licensees of the Borrower
                and any Restricted Subsidiary;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(ee)&#160; Investments in any Restricted Subsidiary in connection with intercompany cash management arrangements or related activities arising in the ordinary course of business or consistent
                with past practice;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(ff)&#160; Investments to the extent that payment for such Investments is made solely with the issuance of Equity Interests (other than Disqualified Equity Interests) of the Borrower;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(gg)&#160; Investments in the form of a Specified GEC DIP Financing provided by the Borrower and/or one or more Restricted Subsidiaries that are Loan Parties to one or more Specified GEC
                Entities, in an aggregate principal amount not exceeding $60,000,000; <u>provided</u> that, such Specified GEC DIP Financing shall be pledged to the Collateral Agent (for the benefit of the Secured Parties) as Collateral pursuant to and in
                accordance with the terms of the Collateral Agreement; and</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(hh)&#160; (x) ownership of the Released Group, (y) Indebtedness (or cancellation of thereof) owed by the Released Group to the Borrower or its Subsidiaries, including any balances outstanding
                under the Global Intercompany Note or (z) as expressly required under the Specified GEC Note.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify;">For purposes of this Section, if any Investment (or a portion thereof) would be permitted pursuant to one or more of the provisions described above and/or one or more of the exceptions contained in this
                Section, the Borrower and the Restricted Subsidiaries may divide and classify such Investment (or a portion thereof) in any manner that complies with this covenant; <u>provided</u> that, notwithstanding the forgoing or anything else to the
                contrary, (x) an Investment in the form of a Specified GEC DIP Financing shall solely be permitted under this Section 6.04 in reliance on clause (gg) above, and in no event shall a Specified GEC DIP Financing be permitted in reliance on any
                other clause of this Section 6.04 and (y) from and after the Seventh Amendment Effective Date, Investments of any kind in any Specified GEC Entity or in any direct or indirect subsidiary thereof shall be prohibited under this Agreement,
                except as permitted by Section 6.04(gg) or (hh) or pursuant to the Shared Services Agreement.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc141023960"></a><a name="z_Toc520113771"></a><a name="z_Toc521540193"></a><a name="z_Toc521540422"></a><a name="z_Toc522563384"></a><a name="z_Toc524723023"></a><a name="z_Toc525082100"></a><a name="z_Toc525090884"></a><a name="z_Toc525093040"></a><a name="z_Toc525101016"></a><a name="z_Toc525843353"></a><a name="z_Toc21213240"></a><a name="z_Toc21214398"></a><a name="z_Toc21214518"></a><a name="z_Toc21306327"></a><a name="z_Toc21378401"></a><a name="z_Toc21422774"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">149</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 6.05.&#160; <u>Asset Sales.</u>&#160; The Borrower will not, nor will the Borrower permit any Restricted Subsidiary to, sell, transfer, lease or otherwise dispose of any asset (other than
                assets sold, transferred, leased or otherwise disposed of in a single transaction or a series of related transactions with a fair market value of $25,000,000 or less), including any Equity Interest owned by it, nor will the Borrower permit
                any Restricted Subsidiary to issue any additional Equity Interest in such Restricted Subsidiary (other than issuing directors&#8217; qualifying shares and other than issuing Equity Interests to the Borrower or another Restricted Subsidiary),
                except:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; sales, transfers, leases and other dispositions of (i) inventory, (ii) used, obsolete, damaged, worn out or surplus equipment, (iii) property no longer used or useful in the conduct of
                the business of the Borrower and the Restricted Subsidiaries (including IP Rights) and (iv) cash and Permitted Investments, in each case in the ordinary course of business;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; sales, transfers, leases and other dispositions to the Borrower or a Restricted Subsidiary; <u>provided</u> that any such sales, transfers, leases or other dispositions involving a
                Restricted Subsidiary that is not a Loan Party shall, to the extent applicable, be made in compliance with Sections 6.04, 6.09 and 6.17;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(c)&#160; sales, transfers and other dispositions or forgiveness of accounts receivable in connection with the compromise, settlement or collection thereof not as part of any accounts
                receivables financing transaction (including sales to factors and other third parties);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(d)&#160; (i) sales, transfers, leases and other dispositions of assets to the extent that such assets constitute an investment permitted by clause (j), (l) or (n) of Section 6.04 or another
                asset received as consideration for the disposition of any asset permitted by this Section (in each case, other than Equity Interests in a Restricted Subsidiary, unless all Equity Interests in such Restricted Subsidiary (other than
                directors&#8217; qualifying shares) are sold) and (ii) sales, transfers, and other dispositions of the Equity Interests of a Restricted Subsidiary by the Borrower or a Restricted Subsidiary to the extent such sale, transfer or other disposition
                would be permissible as an Investment in a Restricted Subsidiary permitted by Section 6.04(e) or (u);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(e)&#160; leases or subleases entered into in the ordinary course of business, to the extent that they do not materially interfere with the business of the Borrower or any Restricted Subsidiary;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(f)&#160; non-exclusive licenses or sublicenses of IP Rights granted in the ordinary course of business or other licenses or sublicenses of IP Rights granted in the ordinary course of business
                that do not materially interfere with the business of the Borrower or any Restricted Subsidiary;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(g)&#160; dispositions resulting from any casualty or other insured damage to, or any taking under power of eminent domain or by condemnation or similar proceeding of, and transfers of property
                arising from foreclosure or similar action with regard to, any asset of the Borrower or any Restricted Subsidiary;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(h)&#160; dispositions of assets to the extent that (i) such assets are exchanged for credit against the purchase price of similar replacement assets or (ii) the proceeds of such disposition are
                promptly applied to the purchase price of such replacement assets;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(i)&#160; dispositions permitted by Sections 6.02, 6.04 and 6.08;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(j)&#160; dispositions set forth on <u>Schedule 6.05</u>;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">150</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(k)&#160; sales, transfers, leases and other dispositions of assets that are not permitted by any other clause of this Section; <u>provided</u> that no Event of Default has occurred and is
                continuing or would result therefrom;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(l)&#160; sales, transfers or other dispositions of Permitted Receivables Facility Assets in connection with Permitted Receivables Facilities;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(m)&#160; sales, transfers or other dispositions of any assets (including Equity Interests) (A) acquired in connection with any acquisition or other investment permitted under Section 6.04,
                which assets are not used or useful to the core or principal business of the Borrower and the Restricted Subsidiaries and/or (B) made to obtain the approval of any applicable antitrust authority in connection with an acquisition permitted
                under Section 6.04;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(n)&#160; sales, transfers or other dispositions of Investments in joint ventures to the extent required by, or made pursuant to customary buy/sell arrangements between, the joint venture
                parties set forth in joint venture arrangements and similar binding arrangements;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(o)&#160; to the extent constituting a disposition governed by this Section, the unwinding or early termination or settlement of any Hedging Agreement or any Permitted Bond Hedge Transaction or
                Permitted Warrant Transaction or other option, forward or other derivative contract; and</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(p)&#160; the sale, disposition or other transfer (including any subscription by a third party) of the Equity Interests of PBGEC by the Borrower and its Restricted Subsidiaries pursuant to
                clause (b) of the definition of Ecommerce Restructuring</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify;"><u>provided</u> that all sales, transfers, leases and other dispositions permitted hereby (other than those permitted by clauses (a)(iii), (b) and (c)) for a purchase price in excess of $25,000,000 shall be
                made for fair value (as determined in good faith by the Borrower), shall be subject to Section 6.17, and at least 75% of the consideration from all sales, transfers, leases and other dispositions permitted hereby (other than those permitted
                by clause (b), (d), (g) or (h)) is in the form of cash or Permitted Investments; <u>provided</u>&#160;<u>further</u> that (i) any consideration in the form of Permitted Investments that are disposed of for cash consideration within 30 days
                after such sale, transfer or other disposition shall be deemed to be cash consideration in an amount equal to the amount of such cash consideration for purposes of this proviso, (ii) any liabilities (as shown on the Borrower&#8217;s or such
                Restricted Subsidiary&#8217;s most recent balance sheet provided hereunder or in the footnotes thereto) of the Borrower or such Restricted Subsidiary, other than liabilities that are by their terms subordinated to the payment in cash of the
                Obligations, that are assumed by the transferee with respect to the applicable sale, transfer, lease or other disposition and for which the Borrower and all the Restricted Subsidiaries shall have been validly released by all applicable
                creditors in writing shall be deemed to be cash consideration in an amount equal to the liabilities so assumed and (iii) any Designated Non-Cash Consideration received by the Borrower or such Subsidiary in respect of such sale, transfer,
                lease or other disposition having an aggregate fair market value, taken together with all other Designated Non-Cash Consideration received pursuant to this clause (iii) that is at that time outstanding, not in excess of the greater of (x)
                $50,000,000 and (y) 10.0% of Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b) at the time of the receipt of such Designated Non-Cash
                Consideration, with the fair market value of each item of Designated Non-Cash Consideration being measured at the time received and without giving effect to subsequent changes in value, shall be deemed to be cash consideration.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">151</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt;">Notwithstanding the foregoing, no sale, transfer, lease or other disposition of assets or issuance of Equity Interests may be made by the Issuer or any of its Subsidiaries to any member of
                the Released Group other than the provision of the Specified GEC DIP Financing.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113772"></a><a name="z_Toc521540194"></a><a name="z_Toc521540423"></a><a name="z_Toc522563385"></a><a name="z_Toc524723024"></a><a name="z_Toc525082101"></a><a name="z_Toc525090885"></a><a name="z_Toc525093041"></a><a name="z_Toc525101017"></a><a name="z_Toc525843354"></a><a name="z_Toc21213241"></a><a name="z_Toc21214399"></a><a name="z_Toc21214519"></a><a name="z_Toc21306328"></a><a name="z_Toc21378402"></a><a name="z_Toc21422775"></a><a name="z_Toc173955973"></a>SECTION 6.06.&#160; <u>Sale and Leaseback Transactions.</u>&#160; The Borrower will not, nor will the Borrower permit any Restricted Subsidiary to, enter into any
                arrangement, directly or indirectly (other than intercompany arrangements between or among the Borrower and any other Loan Party or between or among Restricted Subsidiaries that are not Loan Parties), whereby it shall sell or transfer any
                property, real or personal, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the
                property sold or transferred; <u>provided</u> that the this Section 6.06 shall not prohibit the previously entered into sale and leaseback of the property located at 27 Waterview Drive, Shelton, CT, 06484, subject to compliance with
                Sections 2.11(c) and 6.05, or any renewal or extension or replacement of the lease with respect to such property.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113773"></a><a name="z_Toc521540195"></a><a name="z_Toc521540424"></a><a name="z_Toc522563386"></a><a name="z_Toc524723025"></a><a name="z_Toc525082102"></a><a name="z_Toc525090886"></a><a name="z_Toc525093042"></a><a name="z_Toc525101018"></a><a name="z_Toc525843355"></a><a name="z_Toc21213242"></a><a name="z_Toc21214400"></a><a name="z_Toc21214520"></a><a name="z_Toc21306329"></a><a name="z_Toc21378403"></a><a name="z_Toc21422776"></a><a name="z_Toc173955974"></a>SECTION 6.07.&#160; <u>Hedging Agreements.</u>&#160; The Borrower shall not, nor shall the Borrower permit any Restricted Subsidiary to, enter into any Hedging
                Agreement other than Hedging Agreements that are entered into in the ordinary course of business and not for speculative purposes.</div>
              <div style="text-indent: 72pt;">&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113774"></a><a name="z_Toc521540196"></a><a name="z_Toc521540425"></a><a name="z_Toc522563387"></a><a name="z_Toc524723026"></a><a name="z_Toc525082103"></a><a name="z_Toc525090887"></a><a name="z_Toc525093043"></a><a name="z_Toc525101019"></a><a name="z_Toc525843356"></a><a name="z_Toc21213243"></a><a name="z_Toc21214401"></a><a name="z_Toc21214521"></a><a name="z_Toc21306330"></a><a name="z_Toc21378404"></a><a name="z_Toc21422777"></a><a name="z_Toc173955975"></a>SECTION 6.08.&#160; <u>Restricted Payments; Certain Payments of Junior Indebtedness.</u>&#160; i) The Borrower will not, nor will the Borrower permit any Restricted
                Subsidiary to, declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that so long as no Event of Default has occurred and is continuing
                (or would result therefrom):</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>any Restricted Subsidiary may declare and pay dividends or make other distributions with respect to its Equity
                Interests, or make other Restricted Payments in respect of its Equity Interests, in each case ratably (or on a greater than ratable basis to any Loan Party) to the holders of such Equity Interests;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>the Borrower may declare and pay dividends with respect to its Equity Interests payable solely in shares of Qualified
                Equity Interests or Disqualified Equity Interests permitted hereunder;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>the Borrower may make Restricted Payments, not exceeding the greater of (A) $35,000,000 and (B) 7.5% of Consolidated
                EBITDA for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b) (with unused amounts being carried over to the succeeding fiscal years, subject to an aggregate
                cap of up to $50,000,000 in any fiscal year under this clause (iii)) during any fiscal year, pursuant to and in accordance with stock option plans or other benefit or stock based compensation plans for directors, officers, consultants or
                employees of the Borrower and the Restricted Subsidiaries;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">152</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iv)&#160; </font>commencing in the fiscal year of the Borrower ending December 31, 2019, so long as no Default or Event of Default has
                occurred and is continuing (which condition, in the case of a regular quarterly dividend, shall be tested at the time of declaration of such dividend only, so long as the relevant dividend is paid within 60 days after the date of such
                declaration), the Borrower may declare and pay dividends with respect to or repurchase its Equity Interests in an aggregate amount for all such dividends and repurchases not to exceed $36,000,000 per fiscal year of the Borrower so long as,
                to the extent such Restricted Payment is made on account of Equity Interests, such Restricted Payment does not result in an annualized dividend yield (measured based on the average of the daily volume weighted average prices of the
                Borrower&#8217;s common equity on the New York Stock Exchange over the period of 30 consecutive trading days ending 10 Business Days prior to the declaration date for relevant dividend) greater than 6.25%; <u>provided</u><font style="font-style: italic;">&#160;</font>that amounts used pursuant to Section 6.16 shall reduce the amount available under this clause (iv); <u>provided</u>, <u>further</u> that for purposes of this clause (iv), each Dollar applied to such repurchases of
                Equity Interests shall count as $2 for purposes of the calculation of this basket;</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(v)&#160; </font>[reserved];</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(vi)&#160; </font>the Borrower may make cash payments in lieu of the issuance of fractional shares in connection with the exercise or
                settlement of any warrants or other option or forward contract with respect to the Borrower&#8217;s capital stock or the conversion or exchange of Convertible Indebtedness or other securities convertible into or exchangeable for Equity Interests
                in the Borrower;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(vii)&#160; </font>the Borrower may repurchase Equity Interests upon the exercise of stock options if such Equity Interests represent a
                portion of the exercise price of such stock options (and related redemption or cancellation of shares for payment of taxes or other amounts relating to the exercise under such stock option or other benefit plans);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(viii)&#160; </font>concurrently with any issuance of Qualified Equity Interests, the Borrower may redeem, purchase or retire any Equity
                Interests of the Borrower using the proceeds of, or convert or exchange any Equity Interests of the Borrower for, such Qualified Equity Interests;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ix)&#160; </font>the Borrower may make cash payments in connection with any conversion or exchange of Convertible Indebtedness in amount
                equal to the sum of (i) the principal amount of such Convertible Indebtedness and (ii) the proceeds of any payments received by the Borrower or any of its Restricted Subsidiaries pursuant to the exercise, settlement or termination of any
                related Permitted Bond Hedge Transaction;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(x)&#160; </font>the Borrower may make payments in connection with a Permitted Bond Hedge Transaction and the settlement of any related
                Permitted Warrant Transaction (i) by delivery of shares of the Borrower&#8217;s Equity Interests upon net share settlement thereof or (ii) by (A) set-off against the related Permitted Bond Hedge Transaction and (B) payment of an early termination
                amount thereof in common Equity Interests of the Borrower upon any early termination thereof;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xi)&#160; </font>the Borrower may declare and make Restricted Payments in an aggregate amount not to exceed, at the time such Restricted
                Payments are made and after giving effect thereto, the Available Amount at such time; <u>provided</u> that the Borrower may only make Restricted Payments under this clause (xi) if (x) no Default or Event of Default has occurred and is
                continuing (or would result therefrom) and (y) both (A) after giving effect thereto on a Pro Forma Basis, the Consolidated Total Leverage Ratio shall not exceed 1:50:1.00 and (B) the Consolidated Total Leverage Ratio as at the end of each
                of the two most recently ended fiscal quarters for which financial statements have been delivered pursuant to Section 5.01(a) or (b) does not exceed 1.50 to 1.00; and</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">153</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(xii)&#160; </font>(i) any non-cash repurchases or withholdings of Equity Interests in connection with the exercise of stock options,
                warrants or similar rights if such Equity Interests represent a portion of the exercise of, or withholding obligations with respect to, such options, warrants or similar rights (for the avoidance of doubt, it being understood that any
                required withholding or similar tax related thereto may be paid by the Borrower or any Restricted Subsidiary in cash), and (ii) loans or advances to officers, directors and employees of the Borrower or any Restricted Subsidiary in
                connection with such Person&#8217;s purchase of Equity Interests of the Borrower, <u>provided</u> that no cash is actually advanced pursuant to this clause (ii) other than to pay taxes due in connection with such purchase, unless immediately
                repaid.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;">(b)&#160; The Borrower will not, nor will the Borrower permit any Restricted Subsidiary to, prepay, redeem, purchase or otherwise satisfy any Indebtedness that is subordinated in right of payment
              to the Obligations (excluding, for the avoidance of doubt, any subordinated obligations owing to the Borrower or any Restricted Subsidiary) (collectively, &#8220;<u>Restricted Debt Payments</u>&#8221;), except for:</div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>payments of Indebtedness created under this Agreement or any other Loan Document;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>regularly scheduled interest and principal payments as and when due in respect of any such Indebtedness, other than
                payments in respect of such Indebtedness prohibited by the subordination provisions thereof;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>refinancings of Indebtedness with the proceeds of other Indebtedness permitted under Section 6.01;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iv)&#160; </font>[reserved];</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(v)&#160; </font>[reserved];</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(vi)&#160; </font>payments required by the terms of the relevant Indebtedness, which terms are designed to ensure such instrument would
                not be treated, at issuance, as an &#8220;applicable high yield discount obligation&#8221; within the meaning of Section 163(i) of the Code; and</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(vii)&#160; </font>the conversion of such Indebtedness to, or exchange of such Indebtedness for, Qualified Equity Interests of the
                Borrower.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify;">For purposes of this Section, if any Restricted Payment (or a portion thereof) would be permitted pursuant to one or more provisions described above and/or one or more of the exceptions contained in this
                Section, the Borrower and the Restricted Subsidiaries may divide and classify such Restricted Payment (or a portion thereof) in any manner that complies with this covenant.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113775"></a><a name="z_Toc521540197"></a><a name="z_Toc521540426"></a><a name="z_Toc522563388"></a><a name="z_Toc524723027"></a><a name="z_Toc525082104"></a><a name="z_Toc525090888"></a><a name="z_Toc525093044"></a><a name="z_Toc525101020"></a><a name="z_Toc525843357"></a><a name="z_Toc21213244"></a><a name="z_Toc21214402"></a><a name="z_Toc21214522"></a><a name="z_Toc21306331"></a><a name="z_Toc21378405"></a><a name="z_Toc21422778"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">154</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 6.09.&#160; <u>Transactions with Affiliates.</u>&#160; The Borrower will not, nor will the Borrower permit any Restricted Subsidiary to, sell, lease or otherwise transfer any assets to, or
                purchase, lease or otherwise acquire any assets from, or otherwise engage in any other transactions (or series of related transactions) involving aggregate consideration in excess of $20,000,000 with, any of its Affiliates, except (i)
                transactions that are at prices and on terms and conditions not less favorable to the Borrower or such Restricted Subsidiary, taken as a whole, than could be obtained on an arm&#8217;s-length basis from unrelated third parties, (ii) transactions
                (A) between or among the Loan Parties not involving any other Affiliate or (B) between or among Restricted Subsidiaries that are not Loan Parties, (iii) Restricted Payments made to the Borrower or any Restricted Subsidiary permitted under
                Section 6.08 and Investments in Subsidiaries permitted under Section 6.04 and any other transaction involving the Borrower and the Restricted Subsidiaries permitted under Section 6.03 to the extent such transaction is between the Borrower
                and one or more Restricted Subsidiaries or between two or more Restricted Subsidiaries, (iv) the payment of reasonable fees to directors of the Borrower or any Restricted Subsidiary who are not employees of the Borrower or any Restricted
                Subsidiary, and compensation and employee benefit arrangements paid to, and indemnities provided for the benefit of, directors, officers, consultants or employees of the Borrower or the Restricted Subsidiaries in the ordinary course of
                business, (v) any issuances of securities or other payments, awards or grants in cash, securities or otherwise pursuant to, or the funding of, employment agreements, stock options and stock ownership plans approved by the Borrower&#8217;s board
                of directors, (vi) employment and severance arrangements entered into in the ordinary course of business between the Borrower or any Restricted Subsidiary and any employee thereof and approved by the Borrower&#8217;s board of directors, (vii)
                payments made to other Restricted Subsidiaries arising from or in connection with any customary tax consolidation and grouping arrangements, (viii) the Specified GEC DIP Financing and (ix) the Ecommerce Restructuring.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113776"></a><a name="z_Toc521540198"></a><a name="z_Toc521540427"></a><a name="z_Toc522563389"></a><a name="z_Toc524723028"></a><a name="z_Toc525082105"></a><a name="z_Toc525090889"></a><a name="z_Toc525093045"></a><a name="z_Toc525101021"></a><a name="z_Toc525843358"></a><a name="z_Toc21213245"></a><a name="z_Toc21214403"></a><a name="z_Toc21214523"></a><a name="z_Toc21306332"></a><a name="z_Toc21378406"></a><a name="z_Toc21422779"></a><a name="z_Toc173955977"></a>SECTION 6.10.&#160; <u>Restrictive Agreements.</u>&#160; The Borrower will not, nor will the Borrower permit any Restricted Subsidiary to enter into or permit to
                exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon (a) the ability of the Borrower or any Restricted Subsidiary to create, incur or permit to exist any Lien upon any of its assets that are
                Collateral or required to be Collateral to secure the Obligations or (b) the ability of any Restricted Subsidiary that is not a Loan Party to pay dividends or other distributions with respect to any of its Equity Interests, to make or repay
                loans or advances to the Borrower or any Loan Party or to transfer any of its properties or assets to the Borrower or any Loan Party; <u>provided</u> that the foregoing shall not apply to (A) restrictions and conditions imposed by law or
                by this Agreement, any Loan Document, any Incremental Facility Amendment, any Refinancing Facility Agreement, any document governing any Refinancing Term Loan Indebtedness or Refinancing Indebtedness or any document governing Alternative
                Incremental Facility Debt, (B) restrictions and conditions imposed by the Existing Senior Notes Documents as in effect on the Closing Date or any agreement or document evidencing other Indebtedness permitted under clause (ii) of Section
                6.01(a); <u>provided</u> that the restrictions and conditions contained in any such agreement or document taken as a whole are not materially less favorable (as determined by the Borrower in good faith) to the Lenders than the restrictions
                and conditions imposed by the Existing Senior Notes Documents or restrictions otherwise customary for the relevant type of Indebtedness (which may be in the form of &#8220;high-yield-style&#8221; notes or term loans), (C) in the case of any Restricted
                Subsidiary that is not a wholly owned Restricted Subsidiary, customary restrictions and conditions imposed by its organizational documents or any related joint venture or similar agreements; <u>provided</u> that such restrictions and
                conditions apply only to such Restricted Subsidiary and to the Equity Interests of such Restricted Subsidiary, (D) customary restrictions and conditions (as determined by the Borrower in good faith) contained in agreements relating to the
                sale of a Restricted Subsidiary or any assets of the Borrower or any Restricted Subsidiary, in each case pending such sale; <u>provided</u> that such restrictions and conditions apply only to such Restricted Subsidiary or the assets that
                are to be sold and, in each case, such sale is permitted hereunder, (E) restrictions and conditions existing on the Closing Date and identified on Schedule 6.10 (and any extension or renewal of, or any amendment, modification or replacement
                of the documents set forth on such schedule that do not expand the scope of, any such restriction or condition in any material respect), (F) restrictions and conditions imposed by any agreement relating to Indebtedness of any Restricted
                Subsidiary in existence at the time such Restricted Subsidiary became a Restricted Subsidiary and otherwise permitted by clause (vii) of Section 6.01(a) or to any restrictions in any Indebtedness of a non-Loan Party Restricted Subsidiary
                permitted by clause (viii) or clause (xix) of Section 6.01(a), in each case if such restrictions and conditions apply only to such Restricted Subsidiary and its subsidiaries, (G) customary prohibitions, restrictions and conditions (as
                determined by the Borrower in good faith) contained in agreements relating to a Permitted Receivables Facility, (H) any encumbrance or restriction under documentation governing other Indebtedness of the Borrower and any Restricted
                Subsidiaries permitted to be incurred pursuant to Section 6.01, <u>provided</u> that such encumbrances or restrictions will not materially impair (as determined by the Borrower in good faith) (1) the Borrower&#8217;s ability to make principal
                and interest payments hereunder or (2) the ability of the Loan Party to provide any Lien upon any of its assets that are Collateral or required to be Collateral, (I) customary provisions in leases, licenses, sublicenses and other contracts
                (including non-exclusive licenses and sublicenses of intellectual property) restricting the assignment thereof, (J) restrictions imposed by any agreement relating to secured Indebtedness or other Liens permitted by this Agreement to the
                extent such restriction applies only to the property securing such Indebtedness or covered by such Liens, (K) restrictions on cash (or Permitted Investments) or other deposits imposed by agreements entered into in the ordinary course of
                business (or other restrictions on cash or deposits subject to or constituting Permitted Encumbrances), (L) customary restrictions contained in leases, subleases, licenses, sublicenses or asset sale agreements otherwise permitted hereby so
                long as such restrictions relate only to the assets subject thereto, (M) customary provisions restricting subletting or assignment of any lease governing a leasehold interest of the Borrower or any Restricted Subsidiary and (N) customary
                net worth provisions contained in real property leases entered into by Subsidiaries, so long as the Borrower has determined in good faith that such net worth provisions would not reasonably be expected to impair the ability of the Borrower
                and its Subsidiaries to meet their ongoing obligations.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113777"></a><a name="z_Toc521540199"></a><a name="z_Toc521540428"></a><a name="z_Toc522563390"></a><a name="z_Toc524723029"></a><a name="z_Toc525082106"></a><a name="z_Toc525090890"></a><a name="z_Toc525093046"></a><a name="z_Toc525101022"></a><a name="z_Toc525843359"></a><a name="z_Toc21213246"></a><a name="z_Toc21214404"></a><a name="z_Toc21214524"></a><a name="z_Toc21306333"></a><a name="z_Toc21378407"></a><a name="z_Toc21422780"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">155</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 6.11.&#160; <u>Amendment of Material Documents, Etc.</u>&#160; The Borrower will not, nor will the Borrower permit any of its Restricted Subsidiaries to, amend, modify or waive its
                certificate of incorporation, bylaws or other organizational documents, if the effect of such amendment, modification or waiver would be materially adverse to the Lenders without the consent of the Required Lenders, other than in connection
                with clause (a) of the definition of &#8220;Ecommerce Restructuring&#8221;.</div>
              <div style="text-indent: 72pt;">&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113778"></a><a name="z_Toc521540200"></a><a name="z_Toc521540429"></a><a name="z_Toc522563391"></a><a name="z_Toc524723030"></a><a name="z_Toc525082107"></a><a name="z_Toc525090891"></a><a name="z_Toc525093047"></a><a name="z_Toc525101023"></a><a name="z_Toc525843360"></a><a name="z_Toc21213247"></a><a name="z_Toc21214405"></a><a name="z_Toc21214525"></a><a name="z_Toc21306334"></a><a name="z_Toc21378408"></a><a name="z_Toc21422781"></a><a name="z_Toc173955979"></a>SECTION 6.12.&#160; <u>Consolidated Adjusted Interest Coverage Ratio.</u>&#160;<a name="z_Hlk173922817"></a> The Borrower will not permit the Consolidated Adjusted
                Interest Coverage Ratio as of the last day of any period of four consecutive fiscal quarters of the Borrower ending (a) on or after the Closing Date and prior to the Third Amendment Effective Date to be less than 2.75 to 1.00, (b) on or
                after the Third Amendment Effective Date and prior to the Fifth Amendment Effective Date to be less than 2.25 to 1.00, (c) on or after the Fifth Amendment Effective Date and prior to January 1, 2025 to be less than 1.75 to 1.00 and (d) on
                or after January 1, 2025 to be less than 2.00 to 1.00.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify;">Notwithstanding the foregoing, if, with respect to any period of four consecutive fiscal quarters ending on or prior to March 31, 2025, the Borrower shall have delivered to the Administrative Agent a Fifth
              Amendment Period Termination Notice, then, with respect to such period and each subsequent period of four consecutive fiscal quarters of the Borrower, the ratios set forth in the preceding paragraph shall not apply and the Borrower will not
              permit the Consolidated Adjusted Interest Coverage Ratio as of the last day of any such period of four consecutive fiscal quarters of the Borrower to be less than 2.25 to 1.00 (the &#8220;<u>Unamended Consolidated Adjusted Interest Coverage Ratio</u>&#8221;).</div>
            <div>&#160;</div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">156</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div style="text-align: justify;">The provisions of this Section are solely for the benefit of the Revolving Lenders, the Tranche A Term Lenders and the Incremental Tranche B Term Lenders and, unless otherwise provided in any Incremental
              Facility Amendment, not for the benefit of any lenders providing any other Incremental Facility. Notwithstanding the provisions of Section 9.02, the Required Covenant Lenders may (i) amend or otherwise modify this Section or, solely for the
              purposes of this Section, the defined terms used, directly or indirectly, therein, or (ii) waive any non-compliance with Section 6.12 or any Event of Default resulting from such non-compliance, in each case without the consent of any other
              Lenders.</div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113779"></a><a name="z_Toc521540201"></a><a name="z_Toc521540430"></a><a name="z_Toc522563392"></a><a name="z_Toc524723031"></a><a name="z_Toc525082108"></a><a name="z_Toc525090892"></a><a name="z_Toc525093048"></a><a name="z_Toc525101024"></a><a name="z_Toc525843361"></a><a name="z_Toc21213248"></a><a name="z_Toc21214406"></a><a name="z_Toc21214526"></a><a name="z_Toc21306335"></a><a name="z_Toc21378409"></a><a name="z_Toc21422782"></a><a name="z_Toc173955980"></a>SECTION 6.13.&#160; <u>Consolidated Adjusted Total Leverage Ratio.</u>&#160; The Borrower will not permit the Consolidated Adjusted Total Leverage Ratio for any
                period of four consecutive fiscal quarters of the Borrower ending on or about any date during any period set forth below, to exceed the ratio set forth below opposite such period:</div>
              <div>&#160;</div>
            </div>
            <table cellspacing="0" cellpadding="0" border="0" align="right" id="zb5178f2534d74d4f9315d0acb3cccc68" style="border-collapse: collapse; width: 80%; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; text-align: left;">

                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;"><u>Fiscal Quarter Ending</u></div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
                    <div><u>Consolidated Adjusted Total Leverage Ratio</u></div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">December 31, 2019</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.25 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">March 31, 2020</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.25 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">June 30, 2020</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.25 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">September 30, 2020</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.25 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">December 31, 2020</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.25 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">March 31, 2021</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">June 30, 2021</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">September 30, 2021</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">December 31, 2021</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">March 31, 2022</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">June 30, 2022</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">3.75 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">September 30, 2022</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">3.75 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">December 31, 2022</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>March 31, 2023</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>June 30, 2023</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.25 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>September 30, 2023</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.25 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>December 31, 2023</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.25 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>March 31, 2024</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.25 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>June 30, 2024</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>September 30, 2024</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>December 31, 2024</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>March 31, 2025</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>June 30, 2025</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>September 30, 2025</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>December 31, 2025 and thereafter</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">3.75 to 1.00</div>
                  </td>
                </tr>

            </table>
            <div style="clear: both;">
              <div><br>
              </div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">157</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify;">Notwithstanding the foregoing, if, with respect to any period of four consecutive fiscal quarters ending on or prior to March 31, 2025, the Borrower shall have delivered to the Administrative Agent a Fifth
                Amendment Period Termination Notice, then, with respect to the period in respect of which such notice was delivered and each subsequent period of four consecutive fiscal quarters of the Borrower, the ratios set forth above shall not apply
                and the applicable maximum Consolidated Adjusted Total Leverage Ratio shall instead be the ratio set forth below with respect to such period (the &#8220;<u>Unamended Consolidated Adjusted Total Leverage Ratio</u>&#8221;):</div>
              <div>&#160;</div>
            </div>
            <table cellspacing="0" cellpadding="0" border="0" align="right" id="z6daba2fb66114c96990627aef461f381" style="border-collapse: collapse; width: 80%; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; text-align: left;">

                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>June 30, 2023</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>September 30, 2023</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">4.00 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>December 31, 2023</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">3.75 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>March 31, 2024</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">3.75 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>June 30, 2024</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">3.75 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>September 30, 2024</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">3.75 to 1.00</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 28%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>December 31, 2024 and thereafter</div>
                  </td>
                  <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
                  <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
                    <div style="text-align: justify;">3.50 to 1.00</div>
                  </td>
                </tr>

            </table>
            <div style="clear: both;">
              <div><br>
              </div>
              <div>&#160;</div>
              <div style="text-align: justify;">The provisions of this Section are solely for the benefit of the Revolving Lenders, the Tranche A Term Lenders and the Incremental Tranche B Term Lenders and, unless otherwise provided in any Incremental
                Facility Amendment, not for the benefit of any lenders providing any other Incremental Facility. Notwithstanding the provisions of Section 9.02, the Required Covenant Lenders may (i) amend or otherwise modify this Section or, solely for the
                purposes of this Section, the defined terms used, directly or indirectly, therein, or (ii) waive any non-compliance with this Section or any Event of Default resulting from such non-compliance, in each case without the consent of any other
                Lenders.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">Notwithstanding the foregoing, following the completion of a Permitted Acquisition involving aggregate consideration in excess of $100,000,000 (a &#8220;<u>Material Acquisition</u>&#8221;) that, on a
                pro forma basis would result in an increase in the Consolidated Adjusted Total Leverage Ratio, if the Borrower shall so elect by a notice delivered to the Administrative Agent within 30 days following such completion (a &#8220;<u>Total Leverage
                  Increase Election</u>&#8221;), the applicable maximum Consolidated Adjusted Total Leverage Ratio set forth above with respect to each four-fiscal quarter period ending within 18 months following the completion of such Material Acquisition shall
                be increased by 0.50 to 1.00 (the period during which any such increase in the Consolidated Adjusted Total Leverage Ratio shall be in effect being called a &#8220;<u>Total Leverage Increase Period</u>&#8221;).&#160; The Borrower may terminate any Total
                Leverage Increase Period by a notice delivered to the Administrative Agent whereupon, on the last day of the fiscal quarter during which such notice was given and on the last day of each fiscal quarter thereafter until another Total
                Leverage Increase Period has commenced as provided in this paragraph, the maximum Consolidated Adjusted Total Leverage Ratio shall be the applicable ratio set forth above.&#160; If a Total Leverage Increase Election shall have been made in
                accordance with the terms of this paragraph, the Borrower may not make another Total Leverage Increase Election until a period of least one fiscal quarter during which a Total Leverage Increase Period is not in effect shall have occurred
                following the termination or expiration of the most recent prior Total Leverage Increase Period.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113780"></a><a name="z_Toc521540202"></a><a name="z_Toc521540431"></a><a name="z_Toc522563393"></a><a name="z_Toc524723032"></a><a name="z_Toc525082109"></a><a name="z_Toc525090893"></a><a name="z_Toc525093049"></a><a name="z_Toc525101025"></a><a name="z_Toc525843362"></a><a name="z_Toc21213249"></a><a name="z_Toc21214407"></a><a name="z_Toc21214527"></a><a name="z_Toc21306336"></a><a name="z_Toc21378411"></a><a name="z_Toc21422784"></a><a name="z_Toc173955981"></a>SECTION 6.14.&#160; <u>Changes in Fiscal Periods.</u>&#160; The Borrower will not make any change in fiscal year; <u>provided</u>, however, that the Borrower may,
                upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case the Borrower and the Administrative Agent will, and are hereby authorized by
                the Lenders, to make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.<a name="z_Toc521540205"></a></div>
              <div style="text-indent: 72pt;">&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc173955982"></a>SECTION 6.15.&#160; <u>Amendments to Indebtedness.</u></div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">158</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; Amend or otherwise modify any of the Existing Senior Notes Documents, if the effect of such amendment, modification, change or waiver would be adverse in any material respect to the
                Lenders without the consent of the Required Lenders.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; Amend or otherwise modify any document, agreement or instrument evidencing any Indebtedness that is subordinated in right of payment to the Obligations (excluding any subordinated
                obligations owing to the Borrower or any Subsidiary) other than amendments, modifications or changes that do not affect the subordination or payment provisions thereof (if any) <a name="OLE_LINK6"></a>in a manner adverse in any material
                respect to the Lenders.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Hlk140683947"></a>(c)&#160; Amend or otherwise modify any of the First Lien Note Documents in a manner adverse in any material respect to the Lenders (as determined reasonably and in
                good faith by the Borrower) without the consent of the Required Lenders.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc173955983"></a>SECTION 6.16.&#160; <u>Existing Senior Notes.</u>&#160; Notwithstanding anything to the contrary in this Agreement, at any time, directly or indirectly, repay, prepay,
                exchange, refinance or defease any of the Existing Senior Notes or repurchase, redeem, retire or otherwise acquire any of the Existing Senior Notes other than (a) regularly scheduled payments of interest or fees due under the Existing
                Senior Notes Documents (as in effect on the date hereof), (b) with cash proceeds of issuances of other unsecured notes that constitute Refinancing Indebtedness with respect to the Existing Senior Notes or (c) with cash proceeds of Equity
                Interests (other than Disqualified Stock) issued by the Borrower, <u>provided</u> that (i) the Borrower may incur (x)&#160; Indebtedness that is secured by the Collateral on a <font style="font-style: italic;">pari passu</font> basis with the
                Obligations to refinance the Senior Notes due 2027, so long as, after giving effect thereto, the First Lien Leverage Ratio does not exceed 2.50:1.00 (or, after the Covenant Termination Date, 2.75:1.00), or (y)&#160; Indebtedness that is secured
                by the Collateral on a junior basis to the Obligations to refinance the Senior Notes due 2027, so long as the Consolidated Secured Leverage Ratio does not exceed 3.75:1.00. Notwithstanding the foregoing, (A) the Borrower may purchase Senior
                Notes due 2027 at price not to exceed 80% (or 85%, to the extent the Consolidated Total Leverage Ratio is less than 2.50:1.00) of par in an aggregate amount not to exceed $50,000,000, <font style="font-style: italic;">plus</font> (x) to
                the extent the Consolidated Total Leverage Ratio is less than 3.00:1.00, 50% (or 100% to the extent the Consolidated Total Leverage Ratio is less than 2.50:1.00) of the amount available to be used under Section 6.08(a)(iv) at such time; <u>provided</u>
                that, to the extent used pursuant to this Section 6.16, such amount shall reduce the amount available under Section 6.08(a)(iv) and (B) the Borrower may repay or repurchase Senior Notes due 2027 using proceeds of Revolving Loans or cash, so
                long as the First Lien Leverage Ratio is less than or equal to 2.50:1.00 (or 2.75:1.00 following the Covenant Termination Date) on a Pro Forma Basis, <u>provided</u><font style="font-style: italic;">&#160;</font>that any cash so applied that is
                not from a borrowing under this Agreement shall be treated as an incurrence of a corresponding amount of Consolidated First Lien Debt.</div>
              <div style="text-indent: 72pt;">&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc173955984"></a>SECTION 6.17.&#160; <u>Material Assets.</u>&#160; Notwithstanding anything in this Agreement to the contrary, the Borrower shall not, and shall not permit any of its
                Subsidiaries to (i) directly or indirectly transfer, by means of contribution, sale, assignment, lease or sublease, license or sublicense, or other disposition of any kind (including, for avoidance of doubt, as an Investment, Restricted
                Payment or asset sale), any (x) Material Intellectual Property of a Loan Party to any person other than a Loan Party, (y) Material Intellectual Property of a Subsidiary that is not a Loan Party other than to the Borrower or any other
                Subsidiary or (z) other assets of any Loan Party that are material to the business of the Borrower and its Subsidiaries, taken as a whole (&#8220;<u>Other Material Business Assets</u>&#8221;) to any person that is not a Loan Party or to any member of
                the Released Group, except in each case (a) non-exclusive licenses permitted pursuant to clause (v) of the definition of Permitted Encumbrances and the granting of Liens permitted by Section 6.02, in each case, for bona fide business
                purposes, (b) non-exclusive licenses as set forth on <u>Schedule 6.01(d)</u> under the heading &#8220;Material Assets&#8221; and (c) for the avoidance of doubt, as part of the bona fide sale to a third party of the business that uses such IP Rights or
                Other Material Business Assets in a transaction permitted by Section 6.05 (so long as such IP Rights, if applicable, will not constitute Material Intellectual Property after giving effect to the disposition of such business).</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">159</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 6.18.&#160; <u>Minimum Liquidity.</u>&#160; The Borrower will not permit Liquidity to be less than $300,000,000 as of the last Business Day of any fiscal month ending during the Liquidity
                Test Period.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: center;"><a name="z_Toc520113785"></a><a name="z_Toc521540208"></a><a name="z_Toc521540437"></a><a name="z_Toc522563398"></a><a name="z_Toc525082112"></a><a name="z_Toc525090896"></a><a name="z_Toc525093053"></a><a name="z_Toc525101029"></a><a name="z_Toc525843366"></a><a name="z_Toc21213250"></a><a name="z_Toc21214528"></a><a name="z_Toc21306337"></a><a name="z_Toc21378412"></a>ARTICLE VII</div>
            <div>&#160;</div>
            <div style="text-align: center;"><a name="z_Toc524723035"></a><a name="z_Toc21214408"></a><a name="z_Toc21422785"></a><a name="z_Toc173955986"></a><u>Events of Default</u></div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113786"></a><a name="z_Toc521540209"></a><a name="z_Toc521540438"></a><a name="z_Toc522563399"></a><a name="z_Toc524723036"></a><a name="z_Toc525082113"></a><a name="z_Toc525090897"></a><a name="z_Toc525093054"></a><a name="z_Toc525101030"></a><a name="z_Toc525843367"></a><a name="z_Toc21213251"></a><a name="z_Toc21214409"></a><a name="z_Toc21214529"></a><a name="z_Toc21306338"></a><a name="z_Toc21378413"></a><a name="z_Toc21422786"></a><a name="z_Toc173955987"></a>SECTION 7.01.&#160; <u>Events of Default.</u>&#160; If any of the following events (each such event, an &#8220;<u>Event of Default</u>&#8221;) shall occur:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; the Borrower shall fail to pay any principal of any Loan or any reimbursement obligation in respect of any LC Disbursement when and as the same shall become due and payable, whether at
                the due date thereof or at a date fixed for prepayment thereof or otherwise;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; the Borrower shall fail to pay any interest on any Loan or any fee or any other amount (other than an amount referred to in clause (a) of this Section) payable under this Agreement or
                any other Loan Document, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of five Business Days;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(c)&#160; any representation or warranty made or deemed made by or on behalf of the Borrower or any Restricted Subsidiary in this Agreement or any other Loan Document, or in any report,
                certificate or financial statement furnished pursuant to or in connection with this Agreement or any other Loan Document, shall prove to have been incorrect in any material respect when made or deemed made and, to the extent capable of
                being cured, such incorrect representation or warranty shall remain incorrect for a period of 30 days following written notice thereof from the Administrative Agent to the Borrower;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(d)&#160; the Borrower shall fail to observe or perform any covenant, condition or agreement contained in (i) Section 5.02(a), 5.04 (with respect to the existence of the Borrower), 5.11, 5.16 or
                Article VI of this Agreement or (ii) Section 7 of the Seventh Amendment; <u>provided</u> that, unless otherwise provided in any Incremental Facility Amendment, any failure to comply with Section 6.12 or 6.13 of this Agreement shall not
                constitute an Event of Default with respect to any Incremental Loans (other than the Incremental Tranche B Term Loans) unless and until the Administrative Agent or the Required Covenant Lenders shall have terminated the Revolving
                Commitments or exercised remedies with respect to outstanding Revolving Loans, Tranche A Term Loans or Incremental Tranche B Term Loans pursuant to this Article VII;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(e)&#160; any Loan Party shall fail to observe or perform any covenant, condition or agreement contained in (i) Section 5.17 (after giving effect to any permitted extensions thereunder) and such
                failure shall continue unremedied for a period of 10 days from the earlier of (x) the date on which a Responsible Officer of the Borrower or such Subsidiary obtains knowledge thereof or (y) written notice thereof from the Administrative
                Agent or any Lender to the Borrower or (ii) any other provision of&#160; this Agreement or any other Loan Document (other than those specified in clause (a), (b), (d) or (e)(i) of this Section), and such failure shall continue unremedied for a
                period of 30 days from the earlier of (x) the date on which a Responsible Officer of the Borrower or such Subsidiary obtains knowledge thereof or (y) written notice thereof from the Administrative Agent or any Lender to the Borrower;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">160</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(f)&#160; the Borrower or any Restricted Subsidiary shall fail to make any payment (whether of principal, interest, premium or otherwise and regardless of amount) in respect of any Material
                Indebtedness when and as the same shall become due and payable (after giving effect to any applicable grace period under the documentation representing such Material Indebtedness);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(g)&#160; any event or condition occurs that results in any Material Indebtedness becoming due or being terminated or required to be prepaid, repurchased, redeemed or defeased prior to its
                scheduled maturity or that enables or permits (with all applicable grace periods in respect of such event or condition under the documentation representing such Material Indebtedness having expired) the holder or holders of any Material
                Indebtedness or any trustee or agent on its or their behalf, or, in the case of any Hedging Agreement, the applicable counterparty, to cause any Material Indebtedness to become due, or to terminate or require the prepayment, repurchase,
                redemption or defeasance thereof, prior to its scheduled maturity; <u>provided</u> that this clause (g) shall not apply to (v) any secured Indebtedness that becomes due as a result of the voluntary sale, transfer or other disposition
                (including as a result of a casualty or condemnation event) of the assets securing such Indebtedness (to the extent such sale, transfer or other disposition is not prohibited under this Agreement) so long as such Indebtedness is repaid in
                accordance with its terms (including as such terms may be modified or waived in connection with such sale or transfer), (w) [reserved], (x) any Indebtedness that becomes due as a result of a voluntary refinancing thereof permitted under
                Section 6.01, (y) any conversion of, or trigger of conversion rights with respect to, any Convertible Indebtedness in accordance with its terms (whether or not such conversion is to be settled in cash or capital stock or a combination
                thereof) unless such conversion results from any event of default thereunder or a &#8220;change of control&#8221;, &#8220;fundamental change&#8221; or similar occurrence thereunder; <u>provided</u> that the Borrower has the right to settle any such Indebtedness
                into Equity Interests of the Borrower (and (1) nominal cash payments in respect of fractional shares and cash payments in respect of accrued and unpaid interest in accordance with the terms or conditions thereof and (2) cash payments in an
                amount not to exceed the principal amount of such Convertible Indebtedness that would be payable as a result of a mandatory redemption or maturity of such Convertible Indebtedness) or (z) termination events or similar events occurring under
                any Hedging Agreement (other than a termination event or similar event as to which the Borrower or any of its Restricted Subsidiaries is the defaulting party) that constitutes Material Indebtedness (it being understood that paragraph (f) of
                this Section will apply to any failure to make any payment required as a result of such termination or similar event);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(h)&#160; except as otherwise provided in Section 7.02, (i) an involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (A) liquidation, reorganization or
                other relief in respect of the Borrower or any Restricted Subsidiary or its debts, or of a substantial part of its assets, under any Federal, State or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or
                (B) the appointment of a receiver, trustee, custodian, sequestrator, conservator, liquidator, administrative receiver, administrator, receiver and manager or similar official for the Borrower or any Restricted Subsidiary or for a
                substantial part of its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered or (ii) the Borrower or any Loan
                Party that is a Material Subsidiary (A) admits publicly its inability to pay its debts as they fall due or (B) has a moratorium declared in relation to any of its Indebtedness;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">161</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(i)&#160; except as otherwise provided in Section 7.02, the Borrower or any Restricted Subsidiary shall (i) voluntarily commence any proceeding or file any petition seeking liquidation (other
                than any liquidation permitted under Section 6.03(a)(iv)), reorganization or other relief under any Federal, State or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect, (ii) consent to the institution
                of, or fail to contest in a timely and appropriate manner, any proceeding or petition described in clause (h) of this Section, (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator or
                similar official for the Borrower or any Restricted Subsidiary or for a substantial part of its assets, (iv) file an answer admitting the material allegations of a petition filed against it in any such proceeding or (v) make a general
                assignment for the benefit of creditors;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(j)&#160; [reserved];</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(k)&#160; one or more judgments for the payment of money in an aggregate amount in excess of $75,000,000 (other than any such judgment covered by insurance (other than under a self-insurance
                program) to the extent a claim therefor has been made in writing and liability therefor has not been denied by the insurer) shall be rendered against the Borrower, any Restricted Subsidiary or any combination thereof and the same shall
                remain undischarged for a period of 60 consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Borrower or any Restricted
                Subsidiary that are material to the business and operations of the Borrower or any Restricted Subsidiary, taken as a whole, to enforce any such judgment;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(l)&#160; an ERISA Event shall have occurred that, when taken together with all other ERISA Events that have occurred and are continuing and remain uncured, would reasonably be expected to
                result in a Material Adverse Effect;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(m)&#160; any Lien purported to be created under any Security Document shall cease to be, or shall be asserted by any Loan Party not to be, a valid and perfected Lien on any material portion of
                the Collateral, with the priority required by the applicable Security Document, except as a result of (i) permission under any Loan Document (including the sale or other disposition of the applicable Collateral in a transaction permitted
                under the Loan Documents), (ii) the release thereof as provided in Section 9.14, (iii) the Administrative Agent&#8217;s failure to (A) maintain possession of any stock certificate, promissory note or other instrument delivered to it under any
                Security Document or (B) file Uniform Commercial Code continuation statements (or equivalent statements in any other relevant jurisdiction) or (iv) as to Collateral consisting of Mortgaged Property, to the extent that such losses are
                covered by a lender&#8217;s title insurance policy and such insurer has not denied coverage;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(n)&#160; (i) any material Security Document shall cease to be, or shall be asserted by any Loan Party not to be a legal, valid and binding obligation of any Loan Party party thereto, except as
                expressly permitted hereunder or thereunder or as a result of the release thereof as provided in the applicable Loan Document or Section 9.14 or (ii) the Loan Document Obligations shall cease to constitute Equal Priority Obligations under
                (and as defined in) the First Lien Intercreditor Agreement or, in any case, such intercreditor provisions shall be invalidated or otherwise cease to be legal, valid and binding obligations of the parties thereto, enforceable in accordance
                with their terms;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(o)&#160; any Guarantee purported to be created under any Loan Document shall cease to be or shall be asserted by any Loan Party not to be, in full force and effect, except as in accordance with
                the terms of the Loan Documents (including a result of the release thereof as provided in the applicable Loan Document or Section 9.14); or</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">162</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(p)&#160; a Change in Control shall occur;</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify;">then, and in every such event (other than an event with respect to the Borrower described in clause (h) or (i) of this Article), and at any time thereafter during the continuance of such event, the
              Administrative Agent may, and at the request of the Required Lenders shall, by notice to the Borrower, take any or all of the following actions, at the same or different times: (i) terminate the Commitments, and thereupon the Commitments
              shall terminate immediately, (ii) declare the Loans then outstanding to be due and payable in whole (or in part (but ratably as among the Classes of Loans and the Loans of each Class at such time outstanding), in which case any principal not
              so declared to be due and payable may thereafter be declared to be due and payable), and thereupon the principal of the Loans so declared to be due and payable, together with accrued interest thereon and all fees and other obligations of the
              Borrower hereunder, shall become due and payable immediately and (iii) require the deposit of cash collateral in respect of LC Exposure as provided in Section 2.05(i), in each case, without presentment, demand, protest or other notice of any
              kind, all of which are hereby waived by the Borrower; and in the case of any event with respect to the Borrower described in clause (h) or (i) of this Section, the Commitments shall automatically terminate and the principal of the Loans then
              outstanding, together with accrued interest thereon and all fees and other obligations of the Borrower hereunder, shall immediately and automatically become due and payable and the deposit of such cash collateral in respect of LC Exposure
              shall immediately and automatically become due, in each case, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower; <u>provided</u>, <u>however</u>, that, unless otherwise provided
              in any Incremental Facility Amendment, upon the occurrence and during the continuance of any Event of Default attributable to a failure to comply with Section 6.12 or 6.13, (w) actions pursuant to clause (i) may be taken by a Majority in
              Interest of the Revolving Lenders (excluding any Defaulting Lenders) with respect to the Revolving Loans only (without the requirement for Required Lender action) or by the Administrative Agent at the direction of such Lenders, (x) actions
              pursuant to clause (ii) with respect to the Tranche A Term Loans may be taken by a Majority in Interest of the Tranche A Term Lenders (excluding any Defaulting Lenders) with respect to the Tranche A Term Loans only (without the requirement
              for Required Lender action) or by the Administrative Agent at the direction of such Lenders, (y) actions pursuant to clause (ii) with respect to the Incremental Tranche B Term Loans may be taken by Required Covenant Lenders (without the
              requirement for Required Lender action) or by the Administrative Agent at the direction of such Lenders and (z) only if action has been taken in respect of such Event of Default under clause (i) (with respect to the Revolving Loans) by a
              Majority in Interest of the Revolving Lenders (excluding any Defaulting Lenders) or by the Administrative Agent at the direction of such Lenders or has been taken in respect of such Event of Default under clause (ii) (with respect to the
              Tranche A Term Loans or the Incremental Tranche B Term Loans) by a Majority in Interest of the Tranche A Term Lenders or the Required Covenant Lenders, as the case may be (excluding in each case any Defaulting Lenders) or by the
              Administrative Agent at the direction of such Lenders, then such Event of Default will be deemed to be an Event of Default with respect to any Incremental Facility or Refinancing Term Loans hereunder and the remedies set forth above can be
              exercised in respect of any such Incremental Facility or Refinancing Term Loans.</div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113787"></a><a name="z_Toc521540210"></a><a name="z_Toc521540439"></a><a name="z_Toc522563400"></a><a name="z_Toc524723037"></a><a name="z_Toc525082114"></a><a name="z_Toc525090898"></a><a name="z_Toc525093055"></a><a name="z_Toc525101031"></a><a name="z_Toc525843368"></a><a name="z_Toc21213252"></a><a name="z_Toc21214410"></a><a name="z_Toc21214530"></a><a name="z_Toc21306339"></a><a name="z_Toc21378414"></a><a name="z_Toc21422787"></a><a name="z_Toc173955988"></a>SECTION 7.02.&#160; <u>Exclusion of Certain Subsidiaries.</u>&#160; Solely for the purposes of determining whether a Default has occurred under clause (h) or (i) of
                Section 7.01, any reference in any such paragraph to any Restricted Subsidiary shall be deemed not to include any Restricted Subsidiary affected by any event or circumstance referred to in such paragraph that (x) is not a Loan Party, (y) is
                not a Material Subsidiary and (z) does not own any Material Intellectual Property or other assets material to the business of the Borrower and its Subsidiaries, taken as a whole; <u>provided</u> that (i) if it is necessary to exclude more
                than one Restricted Subsidiary from clause (h) or (i) of Section 7.01 pursuant to this paragraph in order to avoid a Default, the aggregate consolidated assets of all such excluded Restricted Subsidiaries as of such last day may not exceed
                5.0% of the Consolidated Total Assets of the Borrower and the Restricted Subsidiaries and the aggregate consolidated revenues of all such excluded Restricted Subsidiaries for such four fiscal quarter period may not exceed 5.0% of the
                consolidated revenues of the Borrower and the Restricted Subsidiaries and (ii) in no circumstance shall the Borrower be excluded from clause (h) of (i) of Section 7.01.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: center;"><a name="z_Toc520113788"></a><a name="z_Toc521540211"></a><a name="z_Toc521540440"></a><a name="z_Toc522563401"></a><a name="z_Toc525082115"></a><a name="z_Toc525090899"></a><a name="z_Toc525093056"></a><a name="z_Toc525101032"></a><a name="z_Toc525843369"></a><a name="z_Toc21213253"></a><a name="z_Toc21214531"></a><a name="z_Toc21306340"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">163</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div style="text-align: center;">ARTICLE VIII</div>
            <div>&#160;</div>
            <div style="text-align: center;"><a name="z_Toc524723038"></a><a name="z_Toc21214411"></a><a name="z_Toc21422788"></a><a name="z_Toc173955989"></a><u>The Administrative Agent</u></div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113789"></a><a name="z_Toc521540212"></a><a name="z_Toc521540441"></a><a name="z_Toc522563402"></a><a name="z_Toc524723039"></a><a name="z_Toc525082116"></a><a name="z_Toc525090900"></a><a name="z_Toc525093057"></a><a name="z_Toc525101033"></a><a name="z_Toc525843370"></a><a name="z_Toc21213254"></a><a name="z_Toc21214412"></a><a name="z_Toc21214532"></a><a name="z_Toc21306341"></a><a name="z_Toc21378416"></a><a name="z_Toc21422789"></a><a name="z_Toc173955990"></a>SECTION 8.01.&#160; <u>Appointment and Other Matters.</u></div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; Each of the Lenders and the Issuing Banks hereby irrevocably appoints the entity named as Administrative Agent in the heading of this Agreement and its successors to serve as
                administrative agent and collateral agent under the Loan Documents and authorizes the Administrative Agent to take such actions and to exercise such powers as are delegated to the Administrative Agent by the terms of the Loan Documents,
                together with such actions and powers as are reasonably incidental thereto.&#160; In addition, to the extent required under the laws of any jurisdiction other than the United States of America, each of the Lenders and the Issuing Banks hereby
                grants to the Administrative Agent any required powers of attorney to execute any Security Document governed by the laws of such jurisdiction on such Lender&#8217;s or such Issuing Bank&#8217;s behalf. Without limiting the foregoing, each Lender and
                each Issuing Bank hereby authorizes the Administrative Agent to execute and deliver, and to perform its obligations under, each of the Loan Documents to which the Administrative Agent is a party, to exercise all rights, powers and remedies
                that the Administrative Agent may have under such Loan Documents.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; In performing its functions and duties hereunder and under the other Loan Documents, the Administrative Agent is acting solely on behalf of the Lenders and the Issuing Banks (except in
                limited circumstances expressly provided for herein relating to the maintenance of the Register), and its duties are entirely mechanical and administrative in nature. Without limiting the generality of the foregoing:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>the Administrative Agent does not assume and shall not be deemed to have assumed any obligation or duty or any other
                relationship as the agent, fiduciary or trustee of or for any Lender, Issuing Bank or holder of any other obligation other than as expressly set forth herein and in the other Loan Documents, regardless of whether a Default or an Event of
                Default has occurred and is continuing (and it is understood and agreed that the use of the term &#8220;agent&#8221; (or any similar term) herein or in any other Loan Document with reference to the Administrative Agent is not intended to connote any
                fiduciary duty or other implied (or express) obligations arising under agency doctrine of any applicable law, and that such term is used as a matter of market custom and is intended to create or reflect only an administrative relationship
                between contracting parties); additionally, each Lender <font style="color: rgb(0, 0, 0);">agrees that it will not assert any claim against the Administrative Agent based on an alleged breach of fiduciary duty by the Administrative Agent
                  in connection with this Agreement and the transactions contemplated hereby;</font></div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">164</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>where the Administrative Agent is required or deemed to act as a trustee in respect of any Collateral over which a
                security interest has been created pursuant to a Loan Document expressed to be governed by the laws of the United States of America, any State thereof or the District of Columbia, the obligations and liabilities of the Administrative Agent
                to the Secured Parties in its capacity as trustee shall be excluded to the fullest extent permitted by applicable law;</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>nothing in this Agreement or any Loan Document shall require the Administrative Agent to account to any Lender or
                Issuing Bank for any sum or the profit element of any sum received by the Administrative Agent for its own account.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(c)&#160; The Person serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender or an Issuing Bank as any other Lender or Issuing Bank and
                may exercise the same as though it were not the Administrative Agent.&#160; The terms &#8220;Issuing Banks&#8221;, &#8220;Lenders&#8221;, &#8220;Required Lenders&#8221; and any similar terms shall, unless the context clearly otherwise indicates, include the Administrative Agent in
                its individual capacity as a Lender, Issuing Bank or as one of the Required Lenders, as applicable.&#160; The Person serving as Administrative Agent and its Affiliates may accept deposits from, lend money to, own securities of, act as the
                financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without
                any duty to account therefor to the Lenders or the Issuing Banks.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(d)&#160; The Administrative Agent shall not have any duties or obligations except those expressly set forth in the Loan Documents, and its duties hereunder shall be administrative in nature.&#160;
                Without limiting the generality of the foregoing, (a)&#160; the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Administrative Agent
                shall not have any duty to take any discretionary action or to exercise any discretionary power, except discretionary rights and powers expressly contemplated by the Loan Documents that the Administrative Agent is required to exercise as
                directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith to be necessary, under the circumstances as provided in the
                Loan Documents); <u>provided</u> that the Administrative Agent shall not be required to take any action that (i) the Administrative Agent in good faith believes exposes it to liability unless the Administrative Agent receives an
                indemnification satisfactory to it from the Lenders and the Issuing Banks with respect to such action or (ii) is contrary to this Agreement or any other Loan Document or applicable law, including any action that may be in violation of the
                automatic stay under any requirement of law relating to bankruptcy, insolvency or reorganization or relief of debtors or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of any
                requirement of law relating to bankruptcy, insolvency or reorganization or relief of debtors; <u>provided</u>, <u>further</u>, that the Administrative Agent may seek clarification or direction from the Required Lenders prior to the
                exercise of any such instructed action and may refrain from acting until such clarification or direction has been provided, and (c) except as expressly set forth in the Loan Documents, the Administrative Agent shall not have any duty to
                disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower, any Subsidiary or any other Affiliate of any of the foregoing that is communicated to or obtained by the Person serving as
                Administrative Agent or any of its Affiliates in any capacity.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">165</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(e)&#160; The Administrative Agent may perform any of and all its duties and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents
                appointed by the Administrative Agent.&#160; The Administrative Agent and any such sub-agent may perform any of and all their respective duties and exercise their respective rights and powers by or through their respective Related Parties.&#160; The
                exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent and shall apply to their respective activities in connection with the syndication of the
                credit facilities provided for herein as well as activities as Administrative Agent.&#160; The Administrative Agent shall not be responsible for the negligence or misconduct of any sub-agents except to the extent that a court of competent
                jurisdiction determines in a final and nonappealable judgment that the Administrative Agent acted with gross negligence or willful misconduct in the selection of such sub-agents.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(f)&#160; In case of the pendency of any proceeding with respect to any Loan Party under any Federal, State or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in
                effect, the Administrative Agent (irrespective of whether the principal of any Loan or any LC Disbursement shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent
                shall have made any demand on the Borrower) shall be entitled and empowered (but not obligated) by intervention in such proceeding or otherwise:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans,
                LC Exposure and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the Issuing Banks and the Administrative Agent (including any
                claim under Sections 2.12, 2.13, 2.15, 2.16, 2.17 and 9.03) allowed in such judicial proceeding; and</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the
                same;</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify;">and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such proceeding is hereby authorized by each Lender, each Issuing Bank and each other Secured Party to
              make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the Lenders, the Issuing Banks or the other Secured Parties, to pay to the Administrative
              Agent any amount due to it, in its capacity as the Administrative Agent, under the Loan Documents (including under Section 9.03).&#160; Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to, or
              accept or adopt on behalf of any Lender or Issuing Bank, any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or Issuing Bank or to authorize the Administrative Agent to vote
              in respect of the claim of any Lender or Issuing Bank in any such proceeding.</div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(g)&#160; Notwithstanding anything herein to the contrary, neither the Arrangers nor any Person named on the cover page of this Agreement as a Syndication Agent or a Documentation Agent shall
                have any duties or obligations under this Agreement or any other Loan Document (except in its capacity, as applicable, as a Lender or an Issuing Bank), but all such Persons shall have the benefit of the indemnities provided for hereunder.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(h)&#160; The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the Issuing Banks, and, except solely to the extent of the Borrower&#8217;s rights to
                consent pursuant to and subject to the conditions set forth in this Article, none of the Borrower or any Subsidiary shall have any rights as a third party beneficiary of any such provisions.&#160; Each Secured Party, whether or not a party
                hereto, will be deemed, by its acceptance of the benefits of the Collateral and the Guarantees of the Obligations provided under the Loan Documents, to have agreed to the provisions of this Article.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113790"></a><a name="z_Toc521540213"></a><a name="z_Toc521540442"></a><a name="z_Toc522563403"></a><a name="z_Toc524723040"></a><a name="z_Toc525082117"></a><a name="z_Toc525090901"></a><a name="z_Toc525093058"></a><a name="z_Toc525101034"></a><a name="z_Toc525843371"></a><a name="z_Toc21213255"></a><a name="z_Toc21214413"></a><a name="z_Toc21214533"></a><a name="z_Toc21306342"></a><a name="z_Toc21378417"></a><a name="z_Toc21422790"></a></div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">166</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 8.02.&#160; <u>Administrative Agent&#8217;s Reliance, Indemnification, Etc.</u></div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; Neither the Administrative Agent nor any of its Related Parties shall be (i) liable for any action taken or omitted to be taken by it under or in connection with this Agreement or the
                other Loan Documents (x) with the consent of or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith to be necessary,
                under the circumstances as provided in the Loan Documents) or (y) in the absence of its own gross negligence or willful misconduct (such absence to be presumed unless otherwise determined by a court of competent jurisdiction by a final and
                nonappealable judgment) or (ii) responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by any Loan Party or any officer thereof contained in this Agreement or any other Loan Document
                or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity,
                effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document (including, for the avoidance of doubt, in connection with the Administrative Agent&#8217;s reliance on any Electronic Signature transmitted by
                fax, emailed pdf. or any other electronic means that reproduces an image of an actual executed signature page) or for any failure of any Loan Party to perform its obligations hereunder or thereunder.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; The Administrative Agent shall be deemed not to have knowledge of any (i) notice of any of the events or circumstances set forth or described in Section 5.02 unless and until written
                notice thereof stating that it is a &#8220;notice under Section 5.02&#8221; in respect of this Agreement and identifying the specific clause under said Section is given to the Administrative Agent by the Borrower, or (ii) notice of any Default or Event
                of Default unless and until written notice thereof (stating that it is a &#8220;notice of default&#8221;) is given to the Administrative Agent by the Borrower, a Lender or an Issuing Bank. Further, the Administrative Agent shall not be responsible for
                or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered
                hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth in this Agreement or any other Loan Document or the occurrence of
                any Default or Event of Default, (iv) the sufficiency, validity, enforceability, effectiveness or genuineness of this Agreement or any other Loan Document or any other agreement, instrument or document, (v) the satisfaction of any condition
                set forth in Article IV or elsewhere in this Agreement or any other Loan Document, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent or satisfaction of any condition that expressly refers
                to the matters described therein being acceptable or satisfactory to the Administrative Agent or (vi) the creation, perfection or priority of Liens on the Collateral.&#160; Notwithstanding anything herein to the contrary, the Administrative
                Agent shall not be liable for, or be responsible for any loss, cost or expense suffered by the Borrower, any Subsidiary, any Lender or any Issuing Bank as a result of, any determination of the Revolving Exposure or the component amounts
                thereof or any portion thereof attributable to each Lender or Issuing Bank.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">167</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(c)&#160; Without limiting the foregoing, the Administrative Agent (i) may treat the payee of any promissory note as its holder until such promissory note has been assigned in accordance with
                Section 9.04, (ii) may rely on the Register to the extent set forth in Section 9.04(b), (iii) may consult with legal counsel (including counsel to the Borrower), independent public accountants and other experts selected by it, and shall not
                be liable for any action taken or omitted to be taken in good faith by it in accordance with the advice of such counsel, accountants or experts, (iv) makes no warranty or representation to any Lender or Issuing Bank and shall not be
                responsible to any Lender or Issuing Bank for any statements, warranties or representations made by or on behalf of any Loan Party in connection with this Agreement or any other Loan Document, (v) in determining compliance with any
                condition hereunder to the making of a Loan, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or an Issuing Bank, may presume that such condition is satisfactory to such Lender or
                Issuing Bank unless the Administrative Agent shall have received notice to the contrary from such Lender or Issuing Bank sufficiently in advance of the making of such Loan or the issuance of such Letter of Credit and (vi) shall be entitled
                to rely on, and shall incur no liability under or in respect of this Agreement or any other Loan Document by acting upon, any notice, consent, certificate or other instrument or writing (which writing may be a fax, any electronic message,
                Internet or intranet website posting or other distribution) or any statement made to it orally or by telephone and believed by it to be genuine and signed or sent or otherwise authenticated by the proper party or parties (whether or not
                such Person in fact meets the requirements set forth in the Loan Documents for being the maker thereof).</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113791"></a><a name="z_Toc521540214"></a><a name="z_Toc521540443"></a><a name="z_Toc522563404"></a><a name="z_Toc524723041"></a><a name="z_Toc525082118"></a><a name="z_Toc525090902"></a><a name="z_Toc525093059"></a><a name="z_Toc525101035"></a><a name="z_Toc525843372"></a><a name="z_Toc21213256"></a><a name="z_Toc21214414"></a><a name="z_Toc21214534"></a><a name="z_Toc21306343"></a><a name="z_Toc21378418"></a><a name="z_Toc21422791"></a><a name="z_Toc173955992"></a>SECTION 8.03.&#160; <u>Successor Administrative Agent</u>.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; Subject to the terms of this paragraph, the Administrative Agent may resign from its capacity as such upon 30 days&#8217; notice of its intent to resign to the Lenders, the Issuing Banks and
                the Borrower.&#160; Upon receipt of any such notice of resignation, the Required Lenders shall have the right, with the consent of the Borrower (which shall not be unreasonably withheld or delayed), to appoint a successor.&#160; If no successor shall
                have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of its intent to resign, then the retiring Administrative Agent may, on behalf of
                the Lenders and the Issuing Banks, appoint a successor Administrative Agent, which shall be a bank with an office in New York, New York, or an Affiliate of any such bank.&#160; Upon the acceptance of its appointment as Administrative Agent
                hereunder by a successor, such successor shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties
                and obligations hereunder and under the other Loan Documents.&#160; The fees payable by the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed by the Borrower and such
                successor.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; Notwithstanding paragraph (a) of this Section, in the event no successor Administrative Agent shall have been so appointed and shall have accepted such appointment within 30 days after
                the retiring Administrative Agent gives notice of its intent to resign, the retiring Administrative Agent may give notice of the effectiveness of its resignation to the Lenders, the Issuing Banks and the Borrower, whereupon, on the date of
                effectiveness of such resignation stated in such notice, (i) the retiring Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents; <u>provided</u> that, solely for purposes of
                maintaining any security interest granted to the Administrative Agent under any Security Document for the benefit of the Secured Parties, the retiring Administrative Agent shall continue to be vested with such security interest as
                collateral agent for the benefit of the Secured Parties and, in the case of any Collateral in the possession of the Administrative Agent, shall continue to hold such Collateral, in each case until such time as a successor Administrative
                Agent is appointed and accepts such appointment in accordance with this paragraph (it being understood and agreed that the retiring Administrative Agent shall have no duty or obligation to take any further action under any Security
                Document, including any action required to maintain the perfection of any such security interest), and (ii) the Required Lenders shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring
                Administrative Agent; <u>provided</u> that (A) all payments required to be made hereunder or under any other Loan Document to the Administrative Agent for the account of any Person other than the Administrative Agent shall be made directly
                to such Person and (B) all notices and other communications required or contemplated to be given or made to the Administrative Agent shall also directly be given or made to each Lender and each Issuing Bank.&#160; Following the effectiveness of
                the Administrative Agent&#8217;s resignation from its capacity as such, the provisions of this Article and Section 9.03, as well as any exculpatory, reimbursement and indemnification provisions set forth in any other Loan Document, shall continue
                in effect for the benefit of such retiring Administrative Agent, its sub&#8209;agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while it was acting as Administrative Agent and in
                respect of the matters referred to in the proviso under clause (i) above.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113792"></a><a name="z_Toc521540215"></a><a name="z_Toc521540444"></a><a name="z_Toc522563405"></a><a name="z_Toc524723042"></a><a name="z_Toc525082119"></a><a name="z_Toc525090903"></a><a name="z_Toc525093060"></a><a name="z_Toc525101036"></a><a name="z_Toc525843373"></a><a name="z_Toc21213257"></a><a name="z_Toc21214415"></a><a name="z_Toc21214535"></a><a name="z_Toc21306344"></a><a name="z_Toc21378419"></a><a name="z_Toc21422792"></a></div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">168</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 8.04.&#160; <u>Acknowledgements of Lenders and Issuing Banks</u>.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; Each Lender and each Issuing Bank acknowledges that it is engaged in making, acquiring or holding commercial loans in the ordinary course of its business and that it has, independently
                and without reliance upon the Administrative Agent, any Arranger or any other Lender or Issuing Bank, or any of the Related Parties of any of the foregoing, and based on such documents and information as it has deemed appropriate, made its
                own credit analysis and decision to enter into this Agreement as a Lender, and to make, acquire or hold Loans hereunder.&#160; Each Lender and each Issuing Bank also acknowledges that it will, independently and without reliance upon the
                Administrative Agent, any Arranger or any other Lender or Issuing Bank, or any of the Related Parties of any of the foregoing, and based on such documents and information (which may contain material, non-public information within the
                meaning of the United States securities laws concerning the Borrower and its Affiliates) as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement,
                any other Loan Document or any related agreement or any document furnished hereunder or thereunder.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; Each Lender, by delivering its signature page to this Agreement and funding its Loans on the Closing Date, or delivering its signature page to an Assignment and Assumption or any other
                Loan Document pursuant to which it shall become a Lender hereunder, shall be deemed to have acknowledged receipt of, and consented to and approved, this Agreement and each other Loan Document and each other document required to be delivered
                to, or be approved by or satisfactory to, the Administrative Agent or the Lenders on the Closing Date.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(c)&#160; (i) Each Lender and Issuing Bank hereby agrees that (x) if the Administrative Agent notifies such Lender or Issuing Bank that the Administrative Agent has determined in its sole
                discretion that any funds received by such Lender or Issuing Bank from the Administrative Agent or any of its Affiliates (whether as a payment, prepayment or repayment of principal, interest, fees or otherwise; individually and
                collectively, a &#8220;<u>Payment</u>&#8221;) were erroneously transmitted to such Lender or Issuing Bank&#160; (whether or not known to such Lender or Issuing Bank), and demands the return of such Payment (or a portion thereof), such Lender or Issuing Bank
                shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand was made in same day funds, together with interest
                thereon in respect of each day from and including the date such Payment (or portion thereof) was received by such Lender or Issuing Bank to the date such amount is repaid to the Administrative Agent at the greater of the NYFRB Rate and a
                rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect, and (y) to the extent permitted by applicable law, such Lender or Issuing Bank shall not assert,
                and hereby waives, as to the Administrative Agent, any claim, counterclaim, defense or right of set-off or recoupment with respect to any demand, claim or counterclaim by the Administrative Agent for the return of any Payments received,
                including without limitation any defense based on &#8220;discharge for value&#8221; or any similar doctrine.&#160; A notice of the Administrative Agent to any Lender or Issuing Bank under this Section 8.04(c) shall be conclusive, absent manifest error.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">169</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(ii)&#160; Each Lender and Issuing Bank hereby further agrees that if it receives a Payment from the Administrative Agent or any of its Affiliates (x) that is in a different amount than, or on a
                different date from, that specified in a notice of payment sent by the Administrative Agent (or any of its Affiliates) with respect to such Payment (a &#8220;<u>Payment Notice</u>&#8221;) or (y) that was not preceded or accompanied by a Payment Notice,
                it shall be on notice, in each such case, that an error has been made with respect to such Payment.&#160; Each Lender and Issuing Bank agrees that, in each such case, or if it otherwise becomes aware a Payment (or portion thereof) may have been
                sent in error, such Lender or Issuing Bank shall promptly notify the Administrative Agent of such occurrence and, upon demand from the Administrative Agent, it shall promptly, but in no event later than one Business Day thereafter, return
                to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand was made in same day funds, together with interest thereon in respect of each day from and including the date such Payment (or portion
                thereof) was received by such Lender or Issuing Bank to the date such amount is repaid to the Administrative Agent at the greater of the NYFRB Rate and a rate determined by the Administrative Agent in accordance with banking industry rules
                on interbank compensation from time to time in effect.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(iii)&#160; The Borrower and each other Loan Party hereby agrees that (x) in the event an erroneous Payment (or portion thereof) are not recovered from any Lender that has received such Payment
                (or portion thereof) for any reason, the Administrative Agent shall be subrogated to all the rights of such Lender with respect to such amount and (y) an erroneous Payment shall not pay, prepay, repay, discharge or otherwise satisfy any
                Obligations owed by the Borrower or any other Loan Party.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(iv) Each party&#8217;s obligations under this Section 8.04(c) shall survive the resignation or replacement of the Administrative Agent or any transfer of rights or obligations by, or the
                replacement of, a Lender or Issuing Bank, the termination of the Commitments or the repayment, satisfaction or discharge of all Obligations under any Loan Document.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113793"></a><a name="z_Toc521540216"></a><a name="z_Toc521540445"></a><a name="z_Toc522563406"></a><a name="z_Toc524723043"></a><a name="z_Toc525082120"></a><a name="z_Toc525090904"></a><a name="z_Toc525093061"></a><a name="z_Toc525101037"></a><a name="z_Toc525843374"></a><a name="z_Toc21213258"></a><a name="z_Toc21214416"></a><a name="z_Toc21214536"></a><a name="z_Toc21306345"></a><a name="z_Toc21378420"></a><a name="z_Toc21422793"></a><a name="z_Toc173955994"></a>SECTION 8.05.&#160; <u>Collateral Matters</u>.</div>
              <div><br>
              </div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; Except (x) with respect to the exercise of setoff rights of any Lender in accordance with Section 9.08 or (y) with respect to a Secured Party&#8217;s right to file a proof of claim in an
                insolvency proceeding, no Secured Party shall have any right individually to realize upon any of the Collateral or to enforce any Guarantee of the Obligations, it being understood and agreed that all powers, rights and remedies under the
                Loan Documents may be exercised solely by the Administrative Agent on behalf of the Secured Parties in accordance with the terms thereof.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; In furtherance of the foregoing and not in limitation thereof, no arrangements in respect of Cash Management Services the obligations under which constitute Secured Cash Management
                Obligations and no Hedging Agreement the obligations under which constitute Secured Hedging Obligations will create (or be deemed to create) in favor of any Secured Party that is a party thereto any rights in connection with the management
                or release of any Collateral or of the obligations of any Loan Party under this Agreement or any other Loan Document.&#160; By accepting the benefits of the Collateral, each Secured Party that is a party to any such arrangement in respect of
                Cash Management Services or any Hedging Agreement shall be deemed to have appointed the Administrative Agent to serve as administrative agent and collateral agent under the Loan Documents and agreed to be bound by the Loan Documents as a
                Secured Party thereunder, subject to the limitations set forth in this paragraph.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">170</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(c)&#160; The Secured Parties party hereto irrevocably authorize the Administrative Agent, at its option and in its discretion, to release or subordinate any Lien on any property granted to or
                held by the Administrative Agent under any Loan Document and any Acceptable Intercreditor Agreement to the holder of any Lien on such property that is permitted by Section 6.02(a)(v).&#160; The Administrative Agent shall not be responsible for
                or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Administrative Agent&#8217;s Lien thereon or any
                certificate prepared by any Loan Party in connection therewith, nor shall the Administrative Agent be responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(d)&#160; The Secured Parties hereby irrevocably authorize the Administrative Agent, at the direction of the Required Lenders, to credit bid all or any portion of the Obligations (including by
                accepting some or all of the applicable Collateral in satisfaction of some or all of such Obligations pursuant to a deed in lieu of foreclosure or otherwise) and in such manner purchase (either directly or through one or more acquisition
                vehicles) all or any portion of the Collateral (a) at any sale thereof conducted under the provisions of the Bankruptcy Code, including under Sections 363, 1123 or 1129 of the Bankruptcy Code, or any similar laws in any other jurisdictions
                to which a Loan Party is subject, or (b) at any other sale, foreclosure or acceptance of collateral in lieu of debt conducted by (or with the consent or at the direction of) the Administrative Agent (whether by judicial action or otherwise)
                in accordance with any applicable law.&#160; In connection with any such credit bid and purchase, the Obligations owed to the Secured Parties shall be entitled to be, and shall be, credit bid by the Administrative Agent at the direction of the
                Required Lenders on a ratable basis (with Obligations with respect to contingent or unliquidated claims receiving contingent interests in the acquired assets on a ratable basis that shall vest upon the liquidation of such claims in an
                amount proportional to the liquidated portion of the contingent claim amount used in allocating the contingent interests) for the asset or assets so purchased (or for the equity interests or debt instruments of the acquisition vehicle or
                vehicles that are issued in connection with such purchase).&#160; In connection with any such bid, (i) the Administrative Agent shall be authorized to form one or more acquisition vehicles and to assign any successful credit bid to such
                acquisition vehicle or vehicles, (ii) each of the Secured Parties&#8217; ratable interests in the Obligations which were credit bid shall be deemed without any further action under this Agreement to be assigned to such vehicle or vehicles for the
                purpose of closing such sale, (iii) the Administrative Agent shall be authorized to adopt documents providing for the governance of the acquisition vehicle or vehicles (<u>provided</u> that any actions by the Administrative Agent with
                respect to such acquisition vehicle or vehicles, including any disposition of the assets or equity interests thereof, shall be governed, directly or indirectly, by, and the governing documents shall provide for, control by the vote of the
                Required Lenders or their permitted assignees under the terms of this Agreement or the governing documents of the applicable acquisition vehicle or vehicles, as the case may be, irrespective of the termination of this Agreement and without
                giving effect to the limitations on actions by the Required Lenders contained in Section 9.02 of this Agreement), (iv) the Administrative Agent on behalf of such acquisition vehicle or vehicles shall be authorized to issue to each of the
                Secured Parties, ratably on account of the relevant Obligations which were credit bid, interests, whether as equity, partnership, limited partnership interests or membership interests, in any such acquisition vehicle and/or debt instruments
                issued by such acquisition vehicle, all without the need for any Secured Party or acquisition vehicle to take any further action, and (v) to the extent that Obligations that are assigned to an acquisition vehicle are not used to acquire
                Collateral for any reason (as a result of another bid being higher or better, because the amount of Obligations assigned to the acquisition vehicle exceeds the amount of Obligations credit bid by the acquisition vehicle or otherwise), such
                Obligations shall automatically be reassigned to the applicable Secured Parties pro rata with their original interest in such Obligations and the equity interests and/or debt instruments issued by any acquisition vehicle on account of such
                Obligations shall automatically be cancelled, without the need for any Secured Party or any acquisition vehicle to take any further action.&#160; Notwithstanding that the ratable portion of the Obligations of each Secured Party are deemed
                assigned to the acquisition vehicle or vehicles as set forth in clause (ii) above, each Secured Party shall execute such documents and provide such information regarding the Secured Party (and/or any designee of the Secured Party which will
                receive interests in or debt instruments issued by such acquisition vehicle) as the Administrative Agent may reasonably request in connection with the formation of any acquisition vehicle, the formulation or submission of any credit bid or
                the consummation of the transactions contemplated by such credit bid.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">171</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(e)&#160; The Lenders and the other Secured Parties party hereto hereby irrevocably authorize and instruct the Administrative Agent to, without any further consent of any Lender or any other
                Secured Party, enter into (or acknowledge and consent to) or amend, renew, extend, supplement, restate, replace, waive or otherwise modify any Acceptable Intercreditor Agreement; <u>provided</u> that the specific consent of counterparties
                to any Hedging Agreement the obligations under which constitute Secured Hedging Obligations, each provider of Cash Management Services the obligations under which constitute Secured Cash Management Obligations, or each Issuing Bank shall be
                required for any amendment, renewal, extension, supplement, restatement, replacement or waiver to the extent its rights and obligations solely in its capacity as such are materially adversely affected.&#160; The Lenders and the other Secured
                Parties irrevocably agree that any Acceptable Intercreditor Agreement entered into by the Administrative Agent shall be binding on the Secured Parties, and each Lender and each of the other Secured Parties hereby agrees that it will take no
                actions contrary to the provisions of an Acceptable Intercreditor Agreement.&#160; The foregoing provisions are intended as an inducement to any provider of any Indebtedness not prohibited by Section 6.01 hereof to extend credit to the Loan
                Parties and such persons are intended third-party beneficiaries of such provisions.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113794"></a><a name="z_Toc521540217"></a><a name="z_Toc521540446"></a><a name="z_Toc522563407"></a><a name="z_Toc524723044"></a><a name="z_Toc525082121"></a><a name="z_Toc525090905"></a><a name="z_Toc525093062"></a><a name="z_Toc525101038"></a><a name="z_Toc525843375"></a><a name="z_Toc21213259"></a><a name="z_Toc21214417"></a><a name="z_Toc21214537"></a><a name="z_Toc21306346"></a><a name="z_Toc21378421"></a><a name="z_Toc21422794"></a><a name="z_Toc173955995"></a>SECTION 8.06.&#160; <u>Certain ERISA Matters</u>.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the
                date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent, and each Arranger and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other
                Loan Party, that at least one of the following is and will be true:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>such Lender is not using &#8220;plan assets&#8221; (within the meaning of the Section 3(42) of ERISA or otherwise) of one or more
                Benefit Plans with respect to such Lender&#8217;s entrance into, participation in, administration of, or performance of the Loans, the Letters of Credit, the Commitments, or this Agreement,</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">172</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>the transaction exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions
                determined by independent qualified professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general accounts), PTE 90-1 (a class exemption for certain transactions involving insurance
                company pooled separate accounts), PTE 91-38 (a class exemption for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions determined by in-house asset managers), is
                applicable with respect to such Lender&#8217;s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement, and the conditions for exemptive relief thereunder are and
                will continue to be satisfied in connection therewith,</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>(A) such Lender is an investment fund managed by a &#8220;Qualified Professional Asset Manager&#8221; (within the meaning of Part
                VI of PTE 84-14), (B) such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate in, administer and perform the Loans, the Letters of Credit, the Commitments and this
                Agreement, (C) the entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement satisfies the requirements of sub-sections (b) through (g) of Part I of PTE 84-14
                and (D) to the best knowledge of such Lender, the requirements of subsection (a) of Part I of PTE 84-14 are satisfied with respect to such Lender&#8217;s entrance into, participation in, administration of and performance of the Loans, the Letters
                of Credit, the Commitments and this Agreement, or</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iv)&#160; </font>such other representation, warranty and covenant as may be agreed in writing between the Administrative Agent, in its
                sole discretion, and such Lender.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; In addition, unless either (1) sub-clause (i) in the immediately preceding clause (a) is true with respect to a Lender or (2) a Lender has provided another representation, warranty and
                covenant in accordance with sub-clause (iv) in the immediately preceding clause (a), such Lender further (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person
                became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that
                the Administrative Agent is not a fiduciary with respect to the assets of such Lender involved in such Lender&#8217;s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this
                Agreement (including in connection with the reservation or exercise of any rights by the Administrative Agent under this Agreement, any Loan Document or any documents related hereto or thereto).</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: center;"><a name="z_Toc520113795"></a><a name="z_Toc521540218"></a><a name="z_Toc521540447"></a><a name="z_Toc522563408"></a><a name="z_Toc525082122"></a><a name="z_Toc525090906"></a><a name="z_Toc525093063"></a><a name="z_Toc525101039"></a><a name="z_Toc525843376"></a><a name="z_Toc21213260"></a><a name="z_Toc21214538"></a><a name="z_Toc21306347"></a><a name="z_Toc21378422"></a>ARTICLE IX</div>
            <div>&#160;</div>
            <div style="text-align: center;"><a name="z_Toc524723045"></a><a name="z_Toc21214418"></a><a name="z_Toc21422795"></a><a name="z_Toc173955996"></a><u>Miscellaneous</u></div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113796"></a><a name="z_Toc521540219"></a><a name="z_Toc521540448"></a><a name="z_Toc522563409"></a><a name="z_Toc524723046"></a><a name="z_Toc525082123"></a><a name="z_Toc525090907"></a><a name="z_Toc525093064"></a><a name="z_Toc525101040"></a><a name="z_Toc525843377"></a><a name="z_Toc21213261"></a><a name="z_Toc21214419"></a><a name="z_Toc21214539"></a><a name="z_Toc21306348"></a><a name="z_Toc21378423"></a><a name="z_Toc21422796"></a><a name="z_Toc173955997"></a>SECTION 9.01.&#160; <u>Notices.</u>&#160; (a) <u>General.</u>&#160; Except in the case of notices and other communications expressly permitted to be given by telephone
                (and subject to paragraph (b) of this Section), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by fax
                (to the extent fax information is provided below), as follows:</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">173</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>if to the Borrower, to it at Pitney Bowes Inc., 3001 Summer Street, Stamford, Connecticut&#160; 06926-0700, Attention: Debbie
                Salce, Vice President &amp; Treasurer; Telephone No.: (203) 351-6926; Email: debbie.salce@pb.com); with a copy to Pitney Bowes Inc., 3001 Summer Street, Stamford, Connecticut&#160; 06926-0700, Attention: Daniel Goldstein, Esq., General Counsel;
                Telephone No.: (203) 351-7587; Email: Daniel.Goldstein@pb.com);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>if to the Administrative Agent to JPMorgan Chase Bank, N.A., Loan and Agency Services Group, 500 Stanton Christiana
                Road, NCC5, Floor 1, Newark, DE 19713, Attention of Mitchell Soobryan, Email: mitchell.soobryan@chase.com and Marc-Jonathan Seya, Email: marcjonathan. seya@chase.com with a copy to JPMorgan Chase Bank, N.A., 383 Madison Avenue, Floor 24,
                New York, New York 10179, Attention: Gene Riego de Dios (Fax No. 855-234-2120);</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>if to any Issuing Bank, to it at its address or email address (or fax number) most recently specified by it in a
                notice delivered to the Administrative Agent and the Borrower (or, in the absence of any such notice, to the address or email address (or fax number) set forth in the Administrative Questionnaire of the Lender that is serving as such
                Issuing Bank or is an Affiliate thereof); and</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iv)&#160; </font>if to any other Lender, to it at its address or email address (or fax number) set forth in its Administrative
                Questionnaire.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;">Notices and other communications sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices and other
              communications sent by fax shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the
              recipient).&#160; Notices and other communications delivered through electronic communications, to the extent provided in paragraph (b) of this Section, shall be effective as provided in such paragraph.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">(b)&#160; <u>Electronic Communications.</u>&#160; Notices and other communications to the Lenders and the Issuing Banks hereunder may be delivered or furnished by electronic communication (including
              e-mail and Internet and intranet websites) pursuant to procedures approved by the Administrative Agent; <u>provided</u> that the foregoing shall not apply to notices under Article II to any Lender or any Issuing Bank if such Lender or such
              Issuing Bank, as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article by electronic communication.&#160; The Administrative Agent or the Borrower may, in its discretion, agree to accept
              notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it; <u>provided</u> that approval of such procedures may be limited to particular notices or communications or may be rescinded
              by any such Person by notice to each other such Person.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender&#8217;s receipt of an acknowledgment
              from the intended recipient (such as by the &#8220;return receipt requested&#8221; function, as available, return e-mail or other written acknowledgment) and (ii) notices and other communications posted to an Internet or intranet website shall be deemed
              received upon the deemed receipt by the intended recipient, at its e-mail address as described in the foregoing clause (i), of notification that such notice or communication is available and identifying the website address therefore; <u>provided</u>
              that, for both clauses (i) and (ii) above, if such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the
              next Business Day for the recipient.</div>
            <div>&#160;</div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">174</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div style="text-align: justify; text-indent: 72pt;">(c)&#160; <u>Change of Address, etc.</u>&#160; Any party hereto may change its address or fax number for notices and other communications hereunder by notice to the other parties hereto.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">(d)&#160; <u>Platform.</u></div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>The Borrower agrees that the Administrative Agent may, but shall not be obligated to, make any Communications by posting
                such Communication on Debt Domain, IntraLinks, SyndTrak or any other electronic platform chosen by the Administrative Agent to be its electronic transmission system (the &#8220;<u>Platform</u>&#8221;).</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>Although the Platform and its primary web portal are secured with generally-applicable security procedures and policies
                implemented or modified by the Administrative Agent from time to time (including, as of the Closing Date, a user ID/password authorization system) and the Platform is secured through a per-deal authorization method whereby each user may
                access the Platform only on a deal-by-deal basis, each of the Lenders, each of the Issuing Banks and the Borrower acknowledges and agrees that the distribution of material through an electronic medium is not necessarily secure, that the
                Administrative Agent is not responsible for approving or vetting the representatives or contacts of any Lender that are added to the Platform, and that there are confidentiality and other risks associated with such distribution. Each of the
                Lenders, each of the Issuing Banks and the Borrower hereby approves distribution of the Communications through the Platform and understands and assumes the risks of such distribution.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>THE PLATFORM AND THE COMMUNICATIONS ARE PROVIDED &#8220;AS IS&#8221; AND &#8220;AS AVAILABLE&#8221;. THE APPLICABLE PARTIES (AS DEFINED BELOW)
                DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE COMMUNICATIONS, OR THE ADEQUACY OF THE PLATFORM AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS OR OMISSIONS IN THE PLATFORM AND THE COMMUNICATIONS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR
                STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY THE APPLICABLE PARTIES IN CONNECTION WITH THE
                COMMUNICATIONS OR THE PLATFORM.&#160; IN NO EVENT SHALL THE ADMINISTRATIVE AGENT, ANY ARRANGER, ANY DOCUMENTATION AGENT, ANY SYNDICATION AGENT OR ANY OF THEIR RESPECTIVE RELATED PARTIES (COLLECTIVELY, &#8220;<font style="font-weight: bold; font-style: italic;">APPLICABLE PARTIES</font>&#8221;) HAVE ANY LIABILITY TO ANY LOAN PARTY, ANY LENDER, ANY ISSUING BANK OR ANY OTHER PERSON OR ENTITY FOR DAMAGES OF ANY KIND, INCLUDING DIRECT OR INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES,
                LOSSES OR EXPENSES (WHETHER IN TORT, CONTRACT OR OTHERWISE) ARISING OUT OF ANY LOAN PARTY&#8217;S OR THE ADMINISTRATIVE AGENT&#8217;S TRANSMISSION OF COMMUNICATIONS THROUGH THE INTERNET OR THE PLATFORM EXCEPT TO THE EXTENT SUCH DAMAGES ARE FOUND IN A
                FINAL AND NON-APPEALABLE JUDGMENT OF A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED FROM THE BAD FAITH, WILLFUL MISCONDUCT OR GROSS NEGLIGENCE OF AN APPLICABLE PARTY OR ANY OF ITS RELATED PARTIES.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">175</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iv)&#160; </font>Each Lender and each Issuing Bank agrees that notice to it (as provided in the next sentence) specifying that
                Communications have been posted to the Platform shall constitute effective delivery of the Communications to such Lender or Issuing Bank (as applicable) for purposes of the Loan Documents.&#160; Each Lender and each Issuing Bank agrees (i) to
                notify the Administrative Agent in writing (which could be in the form of electronic communication) from time to time of such Lender&#8217;s or Issuing Bank&#8217;s (as applicable) email address to which the foregoing notice may be sent by electronic
                transmission and (ii) that the foregoing notice may be sent to such email address.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(v)&#160; </font>Nothing herein shall prejudice the right of the Administrative Agent, any Lender or any Issuing Bank to give any notice
                or other communication pursuant to any Loan Document in any other manner specified in such Loan Document.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113797"></a><a name="z_Toc521540220"></a><a name="z_Toc521540449"></a><a name="z_Toc522563410"></a><a name="z_Toc524723047"></a><a name="z_Toc525082124"></a><a name="z_Toc525090908"></a><a name="z_Toc525093065"></a><a name="z_Toc525101041"></a><a name="z_Toc525843378"></a><a name="z_Toc21213262"></a><a name="z_Toc21214420"></a><a name="z_Toc21214540"></a><a name="z_Toc21306349"></a><a name="z_Toc21378424"></a><a name="z_Toc21422797"></a><a name="z_Toc173955998"></a>SECTION 9.02.&#160; <u>Waivers; Amendments.</u>&#160; (a) No failure or delay by the Administrative Agent, any Issuing Bank or any Lender in exercising any right or
                power hereunder or under any other Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power,
                preclude any other or further exercise thereof or the exercise of any other right or power.&#160; The rights and remedies of the Administrative Agent, the Issuing Banks and the Lenders hereunder and under the other Loan Documents are cumulative
                and are not exclusive of any rights or remedies that they would otherwise have.&#160; No waiver of any provision of this Agreement or any other Loan Document or consent to any departure by any Loan Party therefrom shall in any event be effective
                unless the same shall be permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.&#160; Without limiting the generality of the
                foregoing, the execution and delivery of this Agreement, the making of a Loan or the issuance, amendment, renewal or extension of a Letter of Credit shall not be construed as a waiver of any Default, regardless of whether the Administrative
                Agent, any Lender or any Issuing Bank may have had notice or knowledge of such Default at the time.&#160; No notice or demand on the Borrower in any case shall entitle the Borrower to any other or further notice or demand in similar or other
                circumstances.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">176</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; Except as provided in Sections 2.14(b), 2.21, 2.22, 2.23 and 9.02(c), none of this Agreement, any other Loan Document or any provision hereof or thereof may be waived, amended or
                modified except, in the case of this Agreement, pursuant to an agreement or agreements in writing entered into by the Borrower, the Administrative Agent and the Required Lenders (<u>provided</u> that the Administrative Agent shall post any
                such amendments reasonably promptly after such amendment becomes effective) and, in the case of any other Loan Document, pursuant to an agreement or agreements in writing entered into by the Administrative Agent and the Loan Party or Loan
                Parties that are parties thereto, in each case with the consent of the Required Lenders; <u>provided</u> that no such agreement shall (i) increase the Commitment of any Lender without the written consent of such Lender (it being understood
                and agreed that a waiver of any Default or Event of Default will not constitute an increase in the Commitment of any Lender), (ii) reduce the principal amount of any Loan or LC Disbursement or reduce the rate of interest thereon, or reduce
                any fees payable hereunder, in each case without the written consent of each Lender adversely affected thereby (it being understood and agreed that a waiver of any Default or Event of Default will not constitute a reduction in the principal
                amount of any Loan), (iii) postpone the scheduled maturity date of any Loan, or the date of any scheduled payment of the principal amount of any Term Loan under Section 2.10 or the applicable Incremental Facility Amendment or the required
                date of reimbursement of any LC Disbursement, or any date for the payment of any interest or fees payable hereunder, or reduce the amount of, waive or excuse any such payment, or postpone the scheduled date of expiration of any Commitment,
                without the written consent of each Lender adversely affected thereby (it being understood and agreed that a waiver of any Default or Event of Default will not constitute a postponement of the scheduled maturity date of any loan, or the
                date of any scheduled payment of principal, interest or fees payable hereunder), (iv) change <a name="z_cp_text_1_283"></a>the last sentence of Section 2.08(c), Section 2.18(a), Section 2.18(b), Section 2.18(c) or any other Section hereof
                <a name="z_cp_text_1_285"></a>or any other Loan Document providing for the ratable treatment of the Lenders, in each case in a manner that would alter the pro rata <a name="z_cp_text_1_286"></a>termination of commitments or sharing of
                payments required thereby, without the written consent of each Lender adversely affected thereby, (v) change any of the provisions of this Section or the definition of the term &#8220;Required Lenders&#8221; or &#8220;Majority in Interest&#8221; or any other
                provision of this Agreement or any other Loan Document specifying the number or percentage of Lenders (or Lenders of any Class) required to waive, amend or otherwise modify any rights thereunder or make any determination or grant any
                consent thereunder, without the written consent of each Lender (or each Lender of such Class, as applicable); <u>provided</u> that, with the consent of the Required Lenders, the provisions of this Section and the definition of the term
                &#8220;Required Lenders&#8221; or &#8220;Majority in Interest&#8221; may be amended to include references to any new class of loans created under this Agreement (or to lenders extending such loans) on substantially the same basis as the corresponding references
                relating to the existing Classes of Loans or Lenders; <u>provided</u>&#160;<u>further</u> that the definition of &#8220;Required Covenant Lenders&#8221; may be amended to include the Lenders in respect of any additional Incremental Facility that will have
                the benefit of Section 6.12 or 6.13 to the extent provided in any Incremental Facility Amendment without the consent of any other Lenders, (vi) release all or substantially all of the value of the Guarantees provided by the Loan Parties
                under the Security Documents, in each case without the written consent of each Lender (except as expressly provided in Section 9.14 or the Security Documents) (including any such release by the Administrative Agent in connection with any
                sale or other disposition of any Subsidiary upon the exercise of remedies under the Security Documents), it being understood and agreed that an amendment or other modification of the type of obligations guaranteed under the Security
                Documents shall not be deemed to be a release of any Guarantee), (vii) release all or substantially all the Collateral from the Liens of the Security Documents without the written consent of each Lender (except as expressly provided in
                Section 9.14 or the applicable Security Document (including any such release by the Administrative Agent in connection with any sale or other disposition of the Collateral upon the exercise of remedies under the Security Documents), it
                being understood and agreed that an amendment or other modification of the type of obligations secured by the Security Documents shall not be deemed to be a release of the Collateral from the Liens of the Security Documents), (viii) waive
                any condition set forth in Section 4.01 (other than as it relates to the payment of fees and expenses of counsel), or, in the case of any Loans made or Letters of Credit issued on the Closing Date, Section 4.02, without the written consent
                of each Lender with a Revolving Commitment and each Issuing Bank (as applicable), (ix) change any provisions of this Agreement or any other Loan Document in a manner that by its terms adversely affects the rights in respect of Collateral
                securing the obligations owed to, or payments due to, Lenders holding Loans of any Class differently than those holding Loans of any other Class, without the written consent of Lenders representing a Majority in Interest of each affected
                Class, (x) change the rights of the Tranche A Term Lenders to decline mandatory prepayments as provided in Section 2.11 or the rights of any Additional Lenders of any Class to decline mandatory prepayments of Term Loans of such Class as
                provided in the applicable Incremental Facility Amendment, without the written consent of Tranche A Term Lenders or Additional Lenders of such Class, as applicable, holding a majority of the outstanding Tranche A Term Loans or Incremental
                Term Loans of such Class, (xi) change Section 6.12 or 6.13 or the definitions of &#8220;Consolidated Adjusted Interest Coverage Ratio&#8221; or &#8220;Consolidated Adjusted Total Leverage Ratio&#8221; (or in each case any of the component definitions thereof), in
                each case solely as used within such Sections, without the written consent of the Required Covenant Lenders (and the Consent of any other Lenders shall not be required) and (xii) change Section 6.18 without the written consent of the
                Required Revolving Lenders; <u>provided</u>&#160;<u>further</u> that (A) no such agreement shall amend, modify, extend or otherwise affect the rights or obligations of the Administrative Agent or any Issuing Bank without the prior written
                consent of the Administrative Agent or such Issuing Bank, as applicable, (B) any waiver, amendment or other modification of this Agreement that by its terms affects the rights or duties under this Agreement of the Lenders of one or more
                Classes (but not the Lenders of any other Class) may be effected by an agreement or agreements in writing entered into by the Borrower and the requisite number or percentage in interest of each affected Class of Lenders that would be
                required to consent thereto under this Section if such Class of Lenders were the only Class of Lenders hereunder at the time (<u>provided</u> that any change that would directly and adversely affect a Class of Lenders hereunder shall
                require the written consent of the Majority in Interest with respect to each such Class directly and adversely affected thereby) and (C) if the terms of any waiver, amendment or other modification of this Agreement or any other Loan
                Document provide that any Class of Loans (together with all accrued interest thereon and all accrued fees payable with respect to the Commitments of such Class) will be repaid or paid in full, and the Commitments of such Class (if any)
                terminated, as a condition to the effectiveness of such waiver, amendment or other modification, then so long as the Loans of such Class (together with such accrued interest and fees) are in fact repaid or paid in full and such Commitments
                are in fact terminated, in each case prior to or substantially simultaneously with the effectiveness of such amendment, then such Loans and Commitments shall not be included in the determination of the Required Lenders with respect to such
                amendment.&#160; Notwithstanding any of the foregoing, (1) no consent with respect to any waiver, amendment or other modification of this Agreement or any other Loan Document shall be required of any Defaulting Lender, except with respect to any
                waiver, amendment or other modification referred to in clause (i), (ii) or (iii) of the first proviso of this paragraph and then only in the event such Defaulting Lender shall be affected by such waiver, amendment or other modification, (2)
                any provision of this Agreement or any other Loan Document may be amended by an agreement in writing entered into by the Borrower and the Administrative Agent (i) to cure any ambiguity, omission, mistake, defect or inconsistency, (ii) to
                comply with local law or advice of local counsel, (iii) to cause any guarantee, collateral security document (including Mortgages) or other document to be consistent with this Agreement, the other Loan Documents and each Acceptable
                Intercreditor Agreement or (iv) to give effect to the provisions of Section 2.14(b) or to amend time periods, minimum amounts and currency exchange rate calculations mechanics with respect to borrowing and payment mechanics with respect to
                the Revolving Commitments solely to the extent necessary to implement a Permitted Foreign Currency and (3) this Agreement may be amended to provide for Incremental Extensions of Credit in the manner contemplated by Section 2.21, the
                extension of the Maturity Date as provided in Section 2.22 and the incurrence of Refinancing Commitments and Refinancing Loans as provided in Section 2.23, in each case without any additional consents, and such amendments may effect such
                changes to the Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent and the Borrower, to give effect to the existence and the terms of the Incremental Extensions of Credit, the extension of the
                Maturity Date or the incurrence of Refinancing Commitments and Refinancing Loans, as applicable, and to the extent permitted under the terms of this Agreement, will be effective to amend the terms of this Agreement and the other applicable
                Loan Documents (including to permit the extensions of credit from time to time outstanding thereunder and the accrued interest and fees in respect thereof to share ratably in the benefits of this Agreement and the other applicable Loan
                Documents with the other Term Loans and the accrued interest and fees in respect thereof and to include appropriately the Lenders holding such credit facilities in any determination of the Required Lenders), in each case, without any
                further action or consent of any other party to any Loan Document.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">177</font></div>
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            </div>
            <div style="text-align: justify; text-indent: 72pt;">(c)&#160; In connection with any Proposed Change requiring the consent of all Lenders or all affected Lenders, if the consent of the Required Lenders (and, to the extent any Proposed Change
              requires the consent of Lenders holding Loans of any Class pursuant to clause (iv) of paragraph (b) of this Section, the consent of a Majority in Interest of the outstanding Loans and unfunded Commitments of such Class) to such Proposed
              Change is obtained, but the consent to such Proposed Change of other Lenders whose consent is required is not obtained (any such Lender whose consent is not obtained as described in paragraph (b) of this Section being referred to as a &#8220;<u>Non-Consenting




                Lender</u>&#8221; for purposes of this clause (c)), then the Borrower may, at its sole expense and effort, upon notice to such Non-Consenting Lender and the Administrative Agent, require such Non-Consenting Lender to assign and delegate, without
              recourse (in accordance with and subject to the restrictions contained in Section 9.04), all its interests, rights and obligations under this Agreement to an assignee that shall assume such obligations (which assignee may be another Lender,
              if a Lender accepts such assignment); <u>provided</u> that (i) if the Administrative Agent is not such Non-Consenting Lender, the Borrower shall have received the prior written consent of the Administrative Agent (and, if a Revolving
              Commitment is being assigned, each Issuing Bank), which consent shall not unreasonably be withheld or delayed, (ii) such Non-Consenting Lender shall have received payment of an amount equal to the outstanding principal of its Loans and
              participations in LC Disbursements, accrued interest thereon, accrued fees and all other amounts payable to it hereunder (with such assignment being deemed to be an optional prepayment for purposes of determining the applicability of such
              Section) from the assignee (in the case of such principal and accrued interest and fees or the Borrower (in the case of all other amounts)), (iii) the Borrower or such assignee shall have paid to the Administrative Agent the processing and
              recordation fee specified in Section 9.04(b), (iv) such assignment does not conflict with applicable law and (v) the assignee shall have given its consent to such Proposed Change and, as a result of such assignment and delegation and any
              contemporaneous assignments and delegations and consents, such Proposed Change can be effected. Any assignment required pursuant to this Section may be effected pursuant to an Assignment and Assumption executed by the Borrower, the
              Administrative Agent and the assignee, and the Lender required to make such assignment shall not be required to be a party to such Assignment and Assumption.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">(d)&#160; Notwithstanding anything herein to the contrary, the Administrative Agent may, without the consent of any Secured Party, consent to a departure by any Loan Party from any covenant of
              such Loan Party set forth in this Agreement or any Security Document to the extent such departure is consistent with the authority of the Administrative Agent set forth in the definition of the term &#8220;Collateral and Guarantee Requirement&#8221;.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">(e)&#160; The Administrative Agent may, but shall have no obligation to, with the concurrence of any Lender, execute waivers, amendments or other modifications on behalf of such Lender.&#160; Any
              waiver, amendment or other modification effected in accordance with this Section, shall be binding upon each Person that is at the time thereof a Lender and each Person that subsequently becomes a Lender.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113798"></a><a name="z_Toc521540221"></a><a name="z_Toc521540450"></a><a name="z_Toc522563411"></a><a name="z_Toc524723048"></a><a name="z_Toc525082125"></a><a name="z_Toc525090909"></a><a name="z_Toc525093066"></a><a name="z_Toc525101042"></a><a name="z_Toc525843379"></a><a name="z_Toc21213263"></a><a name="z_Toc21214421"></a><a name="z_Toc21214541"></a><a name="z_Toc21306350"></a><a name="z_Toc21378425"></a><a name="z_Toc21422798"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">178</font></div>
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 9.03.&#160; <u>Expenses; Indemnity; Damage Waiver.</u>&#160; (a) The Borrower shall pay (i) all reasonable, documented and invoiced out&#8209;of&#8209;pocket expenses incurred by the Administrative
                Agent, the Arrangers, the Syndication Agents, the Documentation Agents and their respective Affiliates (without duplication), including the reasonable fees and documented charges and disbursements of a single primary counsel and to the
                extent reasonably determined by the Administrative Agent to be necessary, one local counsel in each appropriate jurisdiction, in connection with the structuring, arrangement and syndication of the credit facilities provided for herein and
                any credit or similar facility refinancing or replacing, in whole or in part, any of the credit facilities provided for herein, as well as the preparation, negotiation, execution, delivery and administration of this Agreement, the other
                Loan Documents or any waiver, amendments or modifications of the provisions hereof or thereof, (ii) all reasonable, documented and invoiced out-of-pocket expenses incurred by any Issuing Bank in connection with the issuance, amendment,
                renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all reasonable, documented and invoiced out-of-pocket expenses incurred by the Administrative Agent, any Issuing Bank, any Lender or any Arranger,
                including the reasonable, documented and invoiced fees, charges and disbursements of counsel for any of the foregoing, in connection with the enforcement or protection of its rights in connection with the Loan Documents, including its
                rights under this Section, or in connection with the Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters
                of Credit.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;">(b)&#160; The Borrower shall indemnify the Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents, the Lenders, the Issuing Banks and each Related Party of any of
              the foregoing Persons (each such Person being called an &#8220;<u>Indemnitee</u>&#8221;), against, and hold each Indemnitee harmless from, any and all Liabilities and related expenses (including the reasonable and documented fees, charges and
              disbursements of one firm of counsel for all such Indemnitees, taken as a whole, and, if reasonably necessary, of a single firm of local counsel in each appropriate jurisdiction (which may include a single firm of special counsel acting in
              multiple jurisdictions) for all such Indemnitees, taken as a whole (and, in the case of an actual or perceived conflict of interest where the Indemnitee affected by such conflict informs the Borrower of such conflict and thereafter retains
              its own counsel, of another firm of counsel for such affected Indemnitee and, if reasonably necessary, of another firm of local counsel in each appropriate jurisdiction (which may include a single firm of special counsel acting in multiple
              jurisdictions) for such affected Indemnitee)), incurred by or asserted against such Indemnitees arising out of, in connection with or as a result of any actual or prospective claim, litigation, investigation or proceeding relating to (i) the
              structuring, arrangement and syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration of this Agreement, the other Loan Documents or any other agreement or instrument
              contemplated hereby or thereby, (ii) the performance by the parties to this Agreement or the other Loan Documents of their respective obligations hereunder or thereunder or the consummation of the Transactions or any other transactions
              contemplated hereby or thereby, (iii) any action taken in connection with this Agreement, including, but not limited to, the payment of principal, interest and fees, (iv) any Loan or Letter of Credit or the use of the proceeds therefrom
              (including any refusal by any Issuing Bank to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit) or (v) any actual or
              alleged presence or Release of Hazardous Materials on, at, to or from any Mortgaged Property or any other property currently or formerly owned or operated by the Borrower or any Subsidiary, or any other Environmental Liability related in any
              way to the Borrower or any Subsidiary, in each case, whether based on contract, tort or any other theory and whether initiated against or by any party to this Agreement or any other Loan Document, any Affiliate of any of the foregoing or any
              third party (and regardless of whether any Indemnitee is a party thereto); <u>provided</u> that the foregoing indemnity shall not, as to any Indemnitee, apply to any Liabilities or related expenses to the extent they are found in a final and
              non-appealable judgment of a court of competent jurisdiction to have resulted from (A) the bad faith, willful misconduct or gross negligence of such Indemnitee, (B) a claim brought by the Borrower or any Subsidiary against such Indemnitee for
              material breach of such Indemnitee&#8217;s obligations under this Agreement or any other Loan Document or (C) a proceeding that does not involve an act or omission by the Borrower or any of its Affiliates and that is brought by an Indemnitee
              against any other Indemnitee (other than a proceeding that is brought against the Administrative Agent or any other agent or any Arranger in its capacity or in fulfilling its roles as an agent or arranger hereunder or any similar role with
              respect to the Indebtedness incurred or to be incurred hereunder).&#160; This paragraph shall not apply with respect to Taxes other than any Taxes that represent losses, claims or damages arising from any non-Tax claim.</div>
            <div>&#160;</div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">179</font></div>
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            </div>
            <div style="text-align: justify; text-indent: 72pt;">(c)&#160; To the extent that the Borrower fails to indefeasibly pay any amount required to be paid by it under paragraph (a) or (b) of this Section to the Administrative Agent, any Issuing Bank or
              any Related Party of any of the foregoing (and without limiting its obligation to do so), each Lender severally agrees to pay to the Administrative Agent, such Issuing Bank or such Related Party, as applicable, such Lender&#8217;s pro rata share
              (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount (it being understood and agreed that the Borrower&#8217;s failure to pay any such amount shall not relieve the Borrower of any
              default in the payment thereof); <u>provided</u> that the unreimbursed expense or Liability or related expense, as applicable, was incurred by or asserted against the Administrative Agent or such Issuing Bank in its capacity as such, or
              against any Related Party of any of the foregoing acting for the Administrative Agent or any Issuing Bank in connection with such capacity; <u>provided</u>&#160;<u>further</u> that, with respect to such unpaid amounts owed to any Issuing Bank in
              its capacity as such, or to any Related Party of any of the foregoing acting for any Issuing Bank in connection with such capacity, only the Revolving Lenders shall be required to pay such unpaid amounts.&#160; For purposes of this Section, a
              Lender&#8217;s &#8220;pro rata share&#8221; shall be determined by its share of the sum of the total Revolving Exposure, unfunded Revolving Commitments and, except for purposes of the second proviso of the immediately preceding sentence, the outstanding Term
              Loans and unfunded Term Commitments, in each case at that time.&#160; The obligations of the Lenders under this paragraph are subject to the last sentence of Section 2.02(a) (which shall apply <u>mutatis</u>&#160;<u>mutandis</u> to the Lenders&#8217;
              obligations under this paragraph).</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">(d)&#160; To the extent permitted by applicable law (i) the Borrower shall not assert, and the Borrower hereby waives, any claim against the Administrative Agent, any Arranger, any Syndication
              Agent, any Documentation Agent any Issuing Bank and any Lender, and any Related Party of any of the foregoing Persons (each such Person being called a &#8220;<u>Lender-Related Person</u>&#8221;) for any Liabilities arising from the use by others of
              information or other materials (including, without limitation, any personal data) obtained through telecommunications, electronic or other information transmission systems (including the Internet), and (ii) no party hereto shall assert, and
              each such party hereby waives, any Liabilities against any other party hereto, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with,
              or as a result of, this Agreement, any other Loan Document, or any agreement or instrument contemplated hereby or thereby, the Transactions, any Loan or Letter of Credit or the use of the proceeds thereof; <u>provided</u> that, nothing in
              this Section 9.03(d) shall relieve the Borrower of any obligation it may have to indemnify an Indemnitee, as provided in Section 9.03(b), against any special, indirect, consequential or punitive damages asserted against such Indemnitee by a
              third party.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">(e)&#160; All amounts due under this Section shall be payable promptly after written demand therefor.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113799"></a><a name="z_Toc521540222"></a><a name="z_Toc521540451"></a><a name="z_Toc522563412"></a><a name="z_Toc524723049"></a><a name="z_Toc525082126"></a><a name="z_Toc525090910"></a><a name="z_Toc525093067"></a><a name="z_Toc525101043"></a><a name="z_Toc525843380"></a><a name="z_Toc21213264"></a><a name="z_Toc21214422"></a><a name="z_Toc21214542"></a><a name="z_Toc21306351"></a><a name="z_Toc21378426"></a><a name="z_Toc21422799"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">180</font></div>
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 9.04.&#160; <u>Successors and Assigns.</u>&#160;&#160; (a)<u> General.</u>&#160; The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their
                respective successors and assigns permitted hereby (including any Affiliate of any Issuing Bank that issues any Letter of Credit), except that (i) the Borrower may not assign, delegate or otherwise transfer any of its rights or obligations
                hereunder without the prior written consent of the Administrative Agent and each Lender and (ii) no Lender may assign, delegate or otherwise transfer its rights or obligations hereunder except in accordance with this Section.&#160; Nothing in
                this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby (including any Affiliate of any Issuing Bank that issues any Letter
                of Credit), Participants (to the extent provided in paragraph (c) of this Section), the Arrangers, the Syndication Agents, the Documentation Agents and, to the extent expressly contemplated hereby, the Related Parties of any of the
                Administrative Agent, any Arranger, any Syndication Agent, any Documentation Agent, any Issuing Bank and any Lender) any legal or equitable right, remedy or claim under or by reason of this Agreement.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; <u>Assignments by Lenders.</u>&#160; (i) Subject to the conditions set forth in paragraph (b)(ii) below, any Lender may assign and delegate to one or more Eligible Assignees all or a
                portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it) with the prior written consent of (A) the Borrower (such consent not to be unreasonably withheld
                or delayed); <u>provided</u> that no consent of the Borrower shall be required (1) for assignments of Commitments or Loans of any Class to another Lender under such Class, an Affiliate of a Lender under such Class or an Approved Fund and
                (2) if an Event of Default of the type set forth in Section 7.01(a), (b), (h) or (i) has occurred and is continuing, for any other assignment and delegation; <u>provided</u>&#160;<u>further</u> that the Borrower shall be deemed to have
                consented to an assignment and delegation of rights and obligations unless it shall object thereto by written notice to the Administrative Agent within five Business Days after having received notice thereof, (B) the Administrative Agent
                (such consent not to be unreasonably withheld or delayed); <u>provided</u> that no consent of the Administrative Agent shall be required for an assignment and delegation of all or any portion of a Term Commitment or Term Loan to a Lender,
                an Affiliate of a Lender or an Approved Fund and (C) each Issuing Bank (such consent not to be unreasonably withheld or delayed) in the case of any assignment and delegation of all or a portion of a Revolving Commitment or any Lender&#8217;s
                obligations in respect of its LC Exposure.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>Assignments and delegations shall be subject to the following additional conditions: (A) except in the case of an
                assignment and delegation to a Lender, an Affiliate of a Lender or an Approved Fund or an assignment and delegation of the entire remaining amount of the assigning Lender&#8217;s Commitment or Loans of any Class, the amount of the Commitment or
                Loans of the assigning Lender subject to each such assignment and delegation (determined as of the trade date specified in the Assignment and Assumption with respect to such assignment and delegation or, if no trade date is so specified, as
                of the date the Assignment and Assumption with respect to such assignment and delegation is delivered to the Administrative Agent) shall not be less than $5,000,000 or, in the case of an Incremental Tranche B Term Loan, $1,000,000 (treating
                contemporaneous assignments by or to two or more Approved Funds as a single assignment for purposes of such minimum transfer amount), unless each of the Borrower and the Administrative Agent otherwise consents (such consent not to be
                unreasonably withheld or delayed); <u>provided</u> that no such consent of the Borrower shall be required if an Event of Default of the type set forth in Section 7.01(a), (b), (h) or (i) has occurred and is continuing, (B) each partial
                assignment and delegation shall be made as an assignment and delegation of a proportionate part of all the assigning Lender&#8217;s rights and obligations under this Agreement; <u>provided</u> that this clause (B) shall not be construed to
                prohibit the assignment and delegation of a proportionate part of all the assigning Lender&#8217;s rights and obligations in respect of one Class of Commitments or Loans, (C) the parties to each assignment and delegation shall execute and deliver
                to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; <u>provided</u> that (1) only one such processing and recordation fee shall be payable in the event of simultaneous
                assignments and delegations by or to two or more Approved Funds, (2) the Administrative Agent may waive or reduce such fee in its sole discretion and (3) with respect to any assignment and delegation pursuant to Section 2.19(b) or 9.02(c),
                the parties hereto agree that such assignment and delegation may be effected pursuant to an Assignment and Assumption executed by the Borrower, the Administrative Agent and the assignee and that the Lender required to make such assignment
                and delegation need not be a party thereto, and (D) the assignee shall deliver to the Administrative Agent any tax forms required by Section 2.17(f) and an Administrative Questionnaire in which the assignee designates one or more credit
                contacts to whom all syndicate-level information (which may contain MNPI) will be made available and who may receive such information in accordance with the assignee&#8217;s compliance procedures and applicable law, including Federal, State and
                foreign securities laws.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">181</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>Subject to acceptance and recording thereof pursuant to paragraph (b)(v) of this Section, from and after the effective
                date specified in each Assignment and Assumption, the assignee thereunder shall be a party hereto and, to the extent of the interest assigned and delegated by such Assignment and Assumption, have the rights and obligations of a Lender under
                this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned and delegated by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and
                Assumption covering all the assigning Lender&#8217;s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of (and subject to the obligations and limitations
                of) Sections 2.15, 2.16, 2.17 and 9.03 and to any fees payable hereunder that have accrued for such Lender&#8217;s account but have not yet been paid).&#160; Any assignment, delegation or other transfer by a Lender of rights or obligations under this
                Agreement that does not comply with this Section shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with Section 9.04(c).</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iv)&#160; </font>The Administrative Agent, acting solely for this purpose as a non-fiduciary agent of the Borrower, shall maintain at
                one of its offices a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitment of, and principal amount (and stated interest) of the Loans and LC
                Disbursements owing to, each Lender pursuant to the terms hereof from time to time (the &#8220;<u>Register</u>&#8221;). The entries in the Register shall be conclusive absent manifest error, and the Borrower, the Administrative Agent, the Issuing Banks
                and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary.&#160; The Register shall be available
                for inspection by the Borrower and, as to entries pertaining to it, any Issuing Bank or any Lender, at any reasonable time and from time to time upon reasonable prior notice.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">182</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(v)&#160; </font>Upon receipt by the Administrative Agent of a duly completed Assignment and Assumption executed by an assigning Lender
                and an assignee, the assignee&#8217;s completed Administrative Questionnaire and any tax forms required by Section 2.17(f) (unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in paragraph (b)
                of this Section and any written consent to such assignment and delegation required by paragraph (b) of this Section, the Administrative Agent shall accept such Assignment and Assumption and record the information contained therein in the
                Register; <u>provided</u> that the Administrative Agent shall not be required to accept such Assignment and Assumption or so record the information contained therein if the Administrative Agent reasonably believes that such Assignment and
                Assumption lacks any written consent required by this Section or is otherwise not in proper form, it being acknowledged that the Administrative Agent shall have no duty or obligation (and shall incur no liability) with respect to obtaining
                (or confirming the receipt) of any such written consent or with respect to the form of (or any defect in) such Assignment and Assumption, any such duty and obligation being solely with the assigning Lender and the assignee.&#160; No assignment
                or delegation shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph and, following such recording, unless otherwise determined by the Administrative Agent (such
                determination to be made in the sole discretion of the Administrative Agent, which determination may be conditioned on the consent of the assigning Lender and the assignee), shall be effective notwithstanding any defect in the Assignment
                and Assumption relating thereto.&#160; Each assigning Lender and the assignee, by its execution and delivery of an Assignment and Assumption, shall be deemed to have represented to the Administrative Agent that all written consents required by
                this Section with respect thereto (other than the consent of the Administrative Agent) have been obtained and that such Assignment and Assumption is otherwise duly completed and in proper form, and each assignee, by its execution and
                delivery of an Assignment and Assumption, shall be deemed to have represented to the assigning Lender and the Administrative Agent that such assignee is an Eligible Assignee.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(vi)&#160; </font>The words &#8220;execution&#8221;, &#8220;signed&#8221;, &#8220;signature&#8221; and words of like import in any Assignment and Assumption shall be deemed
                to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as
                applicable, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act or any other similar State laws
                based on the Uniform Electronic Transactions Act.</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">183</font></div>
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            </div>
            <div style="text-align: justify; text-indent: 72pt;">(c)&#160; <u>Participations.</u>&#160; Any Lender may, without the consent of the Borrower, the Administrative Agent or any Issuing Bank, sell participations to one or more Eligible Assignees (each, a
              &#8220;<u>Participant</u>&#8221;) in all or a portion of such Lender&#8217;s rights and/or obligations under this Agreement (including all or a portion of its Commitments and Loans of any Class); <u>provided</u> that (A) such Lender&#8217;s obligations under this
              Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations (C) the Borrower, the Administrative Agent, the Issuing Banks and the other Lenders shall
              continue to deal solely and directly with such Lender in connection with such Lender&#8217;s rights and obligations under this Agreement and (D) the Participant will under no circumstances (x) be subrogated to, or substituted in respect of, the
              Lender&#8217;s claims under this Agreement and (y) have otherwise any contractual&#160; relationship with, or rights against, the Borrower under or in relation to this Agreement.&#160; Any agreement or instrument pursuant to which a Lender sells such a
              participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement or any other Loan Document; <u>provided</u> that such
              agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver described in clause (i), (ii), (iii), (vi) or (vii) in the first proviso to Section 9.02(b)
              that affects such Participant or requires the approval of all the Lenders.&#160; The Borrower agrees that each Participant shall be entitled to the benefits of Sections 2.15, 2.16 and 2.17 (subject to the requirements and limitations therein,
              including the requirements under Section 2.17(f) (it being understood and agreed that the documentation required under Section 2.17(f) shall be delivered to the participating Lender)) to the same extent as if it were a Lender and had acquired
              its interest by assignment and delegation pursuant to paragraph (b) of this Section; <u>provided</u> that such Participant (A) agrees to be subject to the provisions of Sections 2.18 and 2.19 as if it were an assignee under paragraph (b) of
              this Section and (B) shall not be entitled to receive any greater payment under Section 2.15 or 2.17, with respect to any participation, than its participating Lender would have been entitled to receive, except to the extent such
              participation was made with the Borrower&#8217;s prior written consent.&#160; Each Lender that sells a participation agrees, at the Borrower&#8217;s request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions of
              Section 2.19(b) with respect to any Participant.&#160; To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 9.08 as though it were a Lender; <u>provided</u> that such Participant agrees to be subject
              to Section 2.18(c) as though it were a Lender.&#160; Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each
              Participant and the principal amounts (and stated interest) of each Participant&#8217;s interest in the Loans or other obligations under this Agreement or any other Loan Document (the &#8220;<u>Participant Register</u>&#8221;); <u>provided</u> that no Lender
              shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a Participant&#8217;s interest in any Commitments, Loans, Letters of Credit or its other
              obligations under this Agreement or any other Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such Commitment, Loan, Letter of Credit or other obligation is in registered form under
              Section 5f.103-1(c) of the United States Treasury Regulations.&#160; The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as
              the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary.&#160; For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for
              maintaining a Participant Register.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">(d)&#160; <u>Certain Pledges.</u>&#160; Any Lender may, without the consent of the Borrower, the Administrative Agent or any Issuing Bank, at any time pledge or assign a security interest in all or
              any portion of its rights under this Agreement (other than to a natural person) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank or any other &#8220;central&#8221; bank, and this
              Section shall not apply to any such pledge or assignment of a security interest; <u>provided</u> that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such
              pledgee or assignee for such Lender as a party hereto.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113800"></a><a name="z_Toc521540223"></a><a name="z_Toc521540452"></a><a name="z_Toc522563413"></a><a name="z_Toc524723050"></a><a name="z_Toc525082127"></a><a name="z_Toc525090911"></a><a name="z_Toc525093068"></a><a name="z_Toc525101044"></a><a name="z_Toc525843381"></a><a name="z_Toc21213265"></a><a name="z_Toc21214423"></a><a name="z_Toc21214543"></a><a name="z_Toc21306352"></a><a name="z_Toc21378427"></a><a name="z_Toc21422800"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">184</font></div>
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            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 9.05.&#160; <u>Survival.</u>&#160; All covenants, agreements, representations and warranties made by the Loan Parties in this Agreement and the other Loan Documents and in the certificates
                or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this
                Agreement and the other Loan Documents and the making of any Loans and issuance of any Letters of Credit, regardless of any investigation made by any such other party or on its behalf and notwithstanding that the Administrative Agent, the
                Arrangers, any Syndication Agent, any Documentation Agent, any Issuing Bank, any Lender or any Affiliate of any of the foregoing may have had notice or knowledge of any Default or incorrect representation or warranty at the time this
                Agreement or any other Loan Document is executed and delivered or any credit is extended hereunder, and shall continue in full force and effect as long as the principal of or any accrued interest on any Loan or any fee or any other amount
                payable under this Agreement is outstanding and unpaid or any LC Exposure is outstanding and so long as the Commitments have not expired or terminated. Notwithstanding the foregoing or anything else to the contrary set forth in this
                Agreement or any other Loan Document, in the event that, in connection with the refinancing or repayment in full of the credit facilities provided for herein, an Issuing Bank shall have provided to the Administrative Agent a written consent
                to the release of the Revolving Lenders from their obligations hereunder with respect to any Letter of Credit issued by such Issuing Bank (whether as a result of the obligations of the Borrower (and any other account party) in respect of
                such Letter of Credit having been collateralized in full by a deposit of cash with such Issuing Bank, or being supported by a letter of credit that names such Issuing Bank as the beneficiary thereunder, or otherwise), then from and after
                such time such Letter of Credit shall cease to be a &#8220;Letter of Credit&#8221; outstanding hereunder for all purposes of this Agreement and the other Loan Documents, and the Revolving Lenders shall be deemed to have no participations in such Letter
                of Credit, and no obligations with respect thereto, under Section 2.05(d) or 2.05(e). The provisions of Sections 2.15, 2.16, 2.17, 2.18(e) and 9.03 and Article VIII shall survive and remain in full force and effect regardless of the
                consummation of the transactions contemplated hereby, the repayment or prepayment of the Loans, the expiration or termination of the Letters of Credit and the Commitments or the termination of this Agreement or any provision hereof.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113801"></a><a name="z_Toc521540224"></a><a name="z_Toc521540453"></a><a name="z_Toc522563414"></a><a name="z_Toc524723051"></a><a name="z_Toc525082128"></a><a name="z_Toc525090912"></a><a name="z_Toc525093069"></a><a name="z_Toc525101045"></a><a name="z_Toc525843382"></a><a name="z_Toc21213266"></a><a name="z_Toc21214424"></a><a name="z_Toc21214544"></a><a name="z_Toc21306353"></a><a name="z_Toc21378428"></a><a name="z_Toc21422801"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">185</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 9.06.&#160; <u>Counterparts; Integration; Effectiveness.</u>&#160; This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which
                shall constitute an original, but all of which when taken together shall constitute a single contract.&#160; This Agreement, the other Loan Documents and any separate letter agreements with respect to fees payable to the Administrative Agent or
                the syndication of the Loans and Commitments constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject
                matter hereof.&#160; Except as provided in Section 4.01, this Agreement shall become effective when it shall have been executed by the Administrative Agent and the Administrative Agent shall have received counterparts hereof that, when taken
                together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.&#160; Delivery of an executed counterpart of a
                signature page of (x) any Loan Document and/or (y) any document, amendment, approval, consent, information, notice (including, for the avoidance of doubt, any notice delivered pursuant to Section 9.01), certificate, request, statement,
                disclosure or authorization related to this Agreement, any other Loan Document and/or the transactions contemplated hereby and/or thereby (each an &#8220;<u>Ancillary Document</u>&#8221;) that is an Electronic Signature transmitted by fax, emailed pdf.
                or any other electronic means that reproduces an image of an actual executed signature page shall be effective as delivery of a manually executed counterpart of this Agreement, such other Loan Document or such Ancillary Document, as
                applicable.&#160; <a name="z_DV_C7"></a>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, any other Loan Document and/or any Ancillary Document shall be deemed to include
                Electronic Signatures, deliveries or the keeping of records in any electronic form (including deliveries by telecopy, emailed pdf. or any other electronic means that reproduces an image of an actual executed signature page), each of which
                shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be; <u>provided</u> that nothing herein shall
                require the Administrative Agent to accept Electronic Signatures in any form or format without its prior written consent and pursuant to procedures approved by it; <u>provided</u>, <u>further</u>, without limiting the foregoing, (i) to
                the extent the Administrative Agent has agreed to accept any Electronic Signature, the Administrative Agent and each of the Lenders shall be entitled to rely on such Electronic Signature purportedly given by or on behalf of the Borrower
                without further verification thereof and without any obligation to review the appearance or form of any such Electronic signature and (ii) upon the request of the Administrative Agent or any Lender, any Electronic Signature&#160; shall be
                promptly followed by a manually executed counterpart.&#160; Without limiting the generality of the foregoing, the Borrower hereby (i) agrees that, for all purposes, including without limitation, in connection with any workout, restructuring,
                enforcement of remedies, bankruptcy proceedings or litigation among the Administrative Agent, the Lenders and the Borrower, Electronic Signatures transmitted by telecopy, emailed pdf. or any other electronic means that reproduces an image
                of an actual executed signature page and/or any electronic images of this Agreement,&#160; any other Loan Document and/or any Ancillary Document shall have the same legal effect, validity and enforceability as any paper original, (ii) the
                Administrative Agent and each of the Lenders may, at its option, create one or more copies of this Agreement, any other Loan Document and/or any Ancillary Document in the form of an imaged electronic record in any format, which shall be
                deemed created in the ordinary course of such Person&#8217;s business, and destroy the original paper document (and all such electronic records shall be considered an original for all purposes and shall have the same legal effect, validity and
                enforceability as a paper record), (iii) waives any argument, defense or right to contest the legal effect, validity or enforceability of this Agreement, any other Loan Document and/or any Ancillary Document based solely on the lack of
                paper original copies of this Agreement, such other Loan Document and/or such Ancillary Document, respectively, including with respect to any signature pages thereto and (iv) waives any claim against any Lender-Related Person for any
                Liabilities arising solely from the Administrative Agent&#8217;s and/or any Lender&#8217;s reliance on or use of Electronic Signatures and/or transmissions by telecopy, emailed pdf. or any other electronic means that reproduces an image of an actual
                executed signature page, including any Liabilities arising as a result of the failure of the Borrower to use any available security measures in connection with the execution, delivery or transmission of any Electronic Signature.</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113802"></a><a name="z_Toc521540225"></a><a name="z_Toc521540454"></a><a name="z_Toc522563415"></a><a name="z_Toc524723052"></a><a name="z_Toc525082129"></a><a name="z_Toc525090913"></a><a name="z_Toc525093070"></a><a name="z_Toc525101046"></a><a name="z_Toc525843383"></a><a name="z_Toc21213267"></a><a name="z_Toc21214425"></a><a name="z_Toc21214545"></a><a name="z_Toc21306354"></a><a name="z_Toc21378429"></a><a name="z_Toc21422802"></a><a name="z_Toc173956003"></a>SECTION 9.07.&#160; <u>Severability.</u>&#160; Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such
                jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a
                particular jurisdiction shall not invalidate such provision in any other jurisdiction.</div>
              <div style="text-indent: 72pt;">&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113803"></a><a name="z_Toc521540226"></a><a name="z_Toc521540455"></a><a name="z_Toc522563416"></a><a name="z_Toc524723053"></a><a name="z_Toc525082130"></a><a name="z_Toc525090914"></a><a name="z_Toc525093071"></a><a name="z_Toc525101047"></a><a name="z_Toc525843384"></a><a name="z_Toc21213268"></a><a name="z_Toc21214426"></a><a name="z_Toc21214546"></a><a name="z_Toc21306355"></a><a name="z_Toc21378430"></a><a name="z_Toc21422803"></a><a name="z_Toc173956004"></a>SECTION 9.08.&#160; <u>Right of Setoff.</u>&#160; If an Event of Default shall have occurred and be continuing, each Lender and each Issuing Bank is hereby
                authorized at any time and from time to time, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) or other amounts at
                any time held and other obligations (in whatever currency) at any time owing by such Lender or such Issuing Bank to or for the credit or the account of the Borrower against any of and all the obligations then due of the Borrower now or
                hereafter existing under this Agreement held by such Lender or such Issuing Bank, irrespective of whether or not such Lender or such Issuing Bank shall have made any demand under this Agreement and although such obligations of the Borrower
                are owed to a branch or office of such Lender or such Issuing Bank different from the branch or office holding such deposit or obligated on such Indebtedness.&#160; Each Lender and each Issuing Bank agrees to notify the Borrower and the
                Administrative Agent promptly after any such setoff and application; <u>provided</u> that the failure to give or any delay in giving such notice shall not affect the validity of any such setoff and application under this Section.&#160; The
                rights of each Lender and each Issuing Bank under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender or such Issuing Bank may have.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113804"></a><a name="z_Toc521540227"></a><a name="z_Toc521540456"></a><a name="z_Toc522563417"></a><a name="z_Toc524723054"></a><a name="z_Toc525082131"></a><a name="z_Toc525090915"></a><a name="z_Toc525093072"></a><a name="z_Toc525101048"></a><a name="z_Toc525843385"></a><a name="z_Toc21213269"></a><a name="z_Toc21214427"></a><a name="z_Toc21214547"></a><a name="z_Toc21306356"></a><a name="z_Toc21378431"></a><a name="z_Toc21422804"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">186</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 9.09.&#160; <u>Governing Law; Jurisdiction; Consent to Service of Process.</u>&#160; i)This Agreement and any claim, controversy, dispute or cause of action (whether in contract or tort or
                otherwise) based upon, arising out of or relating to this Agreement and the transactions contemplated hereby shall be governed by, and construed in accordance with, the law of the State of New York.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;">(b)&#160; The Borrower irrevocably and unconditionally agrees that it will not, and will not permit any controlled Subsidiary to, commence any action, litigation or proceeding of any kind or
              description, whether in law or equity, whether in contract or in tort or otherwise, against the Administrative Agent, any Lender, any Issuing Bank or any Related Party of any of the foregoing in any way relating to this Agreement or any other
              Loan Document or the transactions relating hereto or thereto, in any forum other than the courts of the State of New York sitting in the Borough of Manhattan and of the United States District Court for the Southern District of New York (or if
              such court lacks subject matter jurisdiction, the Supreme Court of the State of New York sitting in the Borough of Manhattan), and any appellate court from any thereof, and each of the parties hereto irrevocably and unconditionally submits,
              for itself and its property, to the jurisdiction of such courts and agrees that all claims in respect of any action, litigation or proceeding shall be heard and determined in such New York State court or, to the fullest extent permitted by
              applicable law, in such Federal court.&#160; Each party hereto agrees that a final judgment in any such action, litigation or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner
              provided by law.&#160; Nothing in this Agreement shall affect any right that the Administrative Agent, any Lender or any Issuing Bank may otherwise have to bring any action, litigation or proceeding relating to this Agreement or any other Loan
              Document against any Loan Party or any of its properties in the courts of any jurisdiction.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">(c)&#160; Each party hereto hereby irrevocably and unconditionally waives, to the fullest extent permitted by applicable law, any objection that it may now or hereafter have to the laying of venue
              of any action, litigation or proceeding arising out of or relating to this Agreement or any other Loan Document in any court referred to in paragraph (b) of this Section.&#160; Each of the parties hereto hereby irrevocably waives, to the fullest
              extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.</div>
            <div>&#160;</div>
            <div style="text-align: justify; text-indent: 72pt;">(d)&#160; Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in Section 9.01.&#160; Nothing in this Agreement or any other Loan Document will
              affect the right of any party to this Agreement to serve process in any other manner permitted by law.</div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113805"></a><a name="z_Toc521540228"></a><a name="z_Toc521540457"></a><a name="z_Toc522563418"></a><a name="z_Toc524723055"></a><a name="z_Toc525082132"></a><a name="z_Toc525090916"></a><a name="z_Toc525093073"></a><a name="z_Toc525101049"></a><a name="z_Toc525843386"></a><a name="z_Toc21213270"></a><a name="z_Toc21214428"></a><a name="z_Toc21214548"></a><a name="z_Toc21306357"></a><a name="z_Toc21378432"></a><a name="z_Toc21422805"></a><a name="z_Toc173956006"></a>SECTION 9.10.&#160; <u>WAIVER OF JURY TRIAL.</u>&#160; EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT
                MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY
                OTHER THEORY).&#160; EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING
                WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS&#160; BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113806"></a><a name="z_Toc521540229"></a><a name="z_Toc521540458"></a><a name="z_Toc522563419"></a><a name="z_Toc524723056"></a><a name="z_Toc525082133"></a><a name="z_Toc525090917"></a><a name="z_Toc525093074"></a><a name="z_Toc525101050"></a><a name="z_Toc525843387"></a><a name="z_Toc21213271"></a><a name="z_Toc21214429"></a><a name="z_Toc21214549"></a><a name="z_Toc21306358"></a><a name="z_Toc21378433"></a><a name="z_Toc21422806"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">187</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 9.11.&#160; <u>Headings.</u>&#160; Article and Section headings and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and shall not
                affect the construction of, or be taken into consideration in interpreting, this Agreement.</div>
              <div style="text-indent: 72pt;">&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113807"></a><a name="z_Toc521540230"></a><a name="z_Toc521540459"></a><a name="z_Toc522563420"></a><a name="z_Toc524723057"></a><a name="z_Toc525082134"></a><a name="z_Toc525090918"></a><a name="z_Toc525093075"></a><a name="z_Toc525101051"></a><a name="z_Toc525843388"></a><a name="z_Toc21213272"></a><a name="z_Toc21214430"></a><a name="z_Toc21214550"></a><a name="z_Toc21306359"></a><a name="z_Toc21378434"></a><a name="z_Toc21422807"></a><a name="z_Toc173956008"></a>SECTION 9.12.&#160; <u>Confidentiality.</u>&#160; Each of the Administrative Agent, the Lenders and the Issuing Banks agrees to maintain the confidentiality of the
                Information (as defined below), except that Information may be disclosed (a) to its Related Parties, including accountants, legal counsel and other agents and advisors, it being understood and agreed that the Persons to whom such disclosure
                is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential and any failure of such Persons acting on behalf of the Administrative Agent, any Issuing Bank or the relevant
                Lender to comply with this Section shall constitute a breach of this Section by the Administrative Agent, such Issuing Bank or the relevant Lender, as applicable, (b) to the extent required or requested by any regulatory authority
                purporting to have jurisdiction over such Person or its Related Parties (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by applicable laws or regulations or
                by any subpoena or similar legal process (<u>provided</u>, that to the extent practicable and permitted by law, the Borrower has been notified prior to such disclosure so that the Borrower may seek, at the Borrower&#8217;s sole expense, a
                protective order or other appropriate remedy), (d) to any other party to this Agreement, (e) in connection with the exercise of any remedies under this Agreement or any other Loan Document or any suit, action or proceeding relating to this
                Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder, <u>provided</u> that each Lender and the Administrative Agent shall use commercially reasonable efforts to ensure that such Information is kept
                confidential in connection with the exercise of such remedies (f) subject to an agreement containing confidentiality undertakings substantially similar to those of this Section, to (i) any assignee of or Participant in, or any prospective
                assignee of or Participant in, any of its rights or obligations under this Agreement or (ii) any actual or prospective counterparty (or its Related Parties) to any Hedging Agreement relating to the Borrower or any Subsidiary and its
                obligations hereunder or under any other Loan Document, (g) on a confidential basis to (i) any rating agency in connection with rating the Borrower or its Subsidiaries or the credit facilities provided for herein or (ii) the CUSIP Service
                Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers with respect to the credit facilities provided for herein, (h) with the consent of the Borrower, (i) to the extent such Information (i) becomes
                publicly available other than as a result of a breach of this Section or (ii) becomes available to the Administrative Agent, any Lender or any Issuing Bank or any Affiliate of any of the foregoing on a non-confidential basis from a source
                other than the Borrower or any Subsidiary, which source is not known by the recipient of such information to be subject to a confidentiality obligation or (j) to any credit insurance provider relating to the Borrower or its Obligations. For
                purposes of this Section, &#8220;<u>Information</u>&#8221; means all information received from the Borrower or any Subsidiary relating to the Borrower or any Subsidiary or their businesses, other than any such information that is available to the
                Administrative Agent, any Lender or any Issuing Bank on a nonconfidential basis prior to disclosure by the Borrower.&#160; Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have
                complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113808"></a><a name="z_Toc521540231"></a><a name="z_Toc521540460"></a><a name="z_Toc522563421"></a><a name="z_Toc524723058"></a><a name="z_Toc525082135"></a><a name="z_Toc525090919"></a><a name="z_Toc525093076"></a><a name="z_Toc525101052"></a><a name="z_Toc525843389"></a><a name="z_Toc21213273"></a><a name="z_Toc21214431"></a><a name="z_Toc21214551"></a><a name="z_Toc21306360"></a><a name="z_Toc21378435"></a><a name="z_Toc21422808"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">188</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 9.13.&#160; <u>Interest Rate Limitation.</u>&#160; Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any Loan or participation in any LC
                Disbursement, together with all fees, charges and other amounts that are treated as interest on such Loan or LC Disbursement or participation therein under applicable law (collectively the &#8220;<u>Charges</u>&#8221;), shall exceed the maximum lawful
                rate (the &#8220;<u>Maximum Rate</u>&#8221;) that may be contracted for, charged, taken, received or reserved by the Lender or Issuing Bank holding such Loan or LC Disbursement or participation therein in accordance with applicable law, the rate of
                interest payable in respect of such Loan hereunder, together with all Charges payable in respect thereof, shall be limited to the Maximum Rate and, to the extent lawful, the interest and Charges that would have been payable in respect of
                such Loan or LC Disbursement or participation therein but were not payable as a result of the operation of this Section shall be cumulated and the interest and Charges payable to such Lender or Issuing Bank in respect of other Loans or LC
                Disbursements or participation therein or periods shall be increased (but not above the Maximum Rate therefor) until such cumulated amount, together with interest thereon at the Federal Funds Effective Rate to the date of repayment, shall
                have been received by such Lender or Issuing Bank.</div>
              <div style="text-indent: 72pt;">&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113809"></a><a name="z_Toc521540232"></a><a name="z_Toc521540461"></a><a name="z_Toc522563422"></a><a name="z_Toc524723059"></a><a name="z_Toc525082136"></a><a name="z_Toc525090920"></a><a name="z_Toc525093077"></a><a name="z_Toc525101053"></a><a name="z_Toc525843390"></a><a name="z_Toc21213274"></a><a name="z_Toc21214432"></a><a name="z_Toc21214552"></a><a name="z_Toc21306361"></a><a name="z_Toc21378436"></a><a name="z_Toc21422809"></a><a name="z_Toc173956010"></a>SECTION 9.14.&#160; <u>Release of Liens and Guarantees.</u>&#160; Subject to the reinstatement provisions set forth in any applicable Security Document, unless an
                Event of Default has occurred and is continuing, a Loan Party shall automatically be released from its obligations under the Loan Documents, and all security interests created by the Security Documents in Collateral owned by such Loan Party
                shall be automatically released, upon the consummation of any transaction permitted by this Agreement as a result of which such Loan Party ceases to be a Restricted Subsidiary or becomes an Excluded Subsidiary (or in case the Borrower
                elects that any Designated Subsidiary that would otherwise constitute an Excluded Subsidiary cease to be a Designated Subsidiary); <u>provided</u> that, if so required by this Agreement, the Required Lenders (or if applicable, the Lenders)
                shall have consented to such transaction and the terms of such consent shall not have provided otherwise; <u>provided</u>, <u>further</u>, <u>however</u>, that notwithstanding the foregoing, without the consent of the Required Lenders,
                no Loan Party shall be released from its obligations under the Loan Documents if such Loan Party either (a) becomes an Excluded Subsidiary as a result of any transaction undertaken by the Borrower or any Subsidiary or (b) ceases to be a
                Subsidiary but the Borrower or a Subsidiary or Affiliate thereof retains any direct or indirect Equity Interest in, or otherwise Controls, such Person, unless (i) the transaction pursuant to which such Loan Party becomes an Excluded
                Subsidiary or ceases to be a Subsidiary is entered into for legitimate bona fide business purposes (other than for purposes of releasing guarantees or collateral hereunder) in good faith with an unaffiliated third party (or with a joint
                venture entity pursuant to a joint venture entered into for legitimate bona fide business purposes with an unaffiliated third party), (ii) at the time of such release (and after giving effect thereto), all outstanding Indebtedness and Liens
                of any such Subsidiary becoming an Excluded Subsidiary, and all Investments previously made in any such Subsidiary or other Person remaining outstanding after giving effect to the relevant transaction, would then be permitted to be incurred
                or made in accordance with the relevant provisions of Section 6.01, Section 6.02, Section 6.04 and Section 6.08 (for this purpose, with the Borrower being required to reclassify any such items made in reliance upon such Subsidiary or other
                Person being a Loan Party or a wholly-owned Subsidiary on another basis as would be permitted by such applicable Section), and any previous asset sale to such Subsidiary pursuant to Section 6.05 shall be re-characterized and would be
                permitted at the time of such release, as if the same were made to a Subsidiary that was not a Loan Party (and all items described above in this clause (ii) shall thereafter be deemed re-characterized as provided above in this clause (ii)),
                (iii) such Subsidiary or other Person shall not be (or shall simultaneously be released as) an obligor with respect to any other Indebtedness of the Borrower or any other Subsidiary (other than, in the case of a Subsidiary that becomes an
                Excluded Subsidiary, Indebtedness of any other Subsidiary becoming an Excluded Subsidiary as part of the same transaction) and (iv) such Subsidiary or other Person owns no assets which were previously transferred to it by another Note Party
                which constituted Collateral or proceeds of Collateral (or the transfer of any such assets to such Subsidiary or other Person by such Note Party would be permitted hereunder immediately following such release).&#160; Upon any sale or other
                transfer by any Loan Party (other than to the Borrower or any other Loan Party) of any Collateral in a transaction permitted under this Agreement, or upon the effectiveness of any written consent to the release of the security interest
                created under any Security Document in any Collateral pursuant to Section 9.02, the security interests in such Collateral created by the Security Documents shall be automatically released.&#160; Upon the release of any Loan Party from its
                Guarantee in compliance with this Agreement, the security interest in any Collateral owned by such Loan Party created by the Security Documents shall be automatically released.&#160; On the date on which all (1) Obligations have been paid in
                full in cash (other than (x) Secured Hedging Obligations not yet due and payable, (y) Secured Cash Management Obligations not yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) and (2) all
                Letters of Credit have expired or been terminated (other than Letters of Credit that have been cash collateralized or backstopped in an amount, by an institution and otherwise pursuant to arrangements reasonably satisfactory to the
                applicable Issuing Bank),&#160; all obligations under the Loan Documents and all security interests under the Security Documents shall be automatically released.&#160; In connection with any termination or release pursuant to this Section, and in
                connection with any Collateral becoming Excluded Property, the Administrative Agent shall execute and deliver to any Loan Party, at such Loan Party&#8217;s expense, all documents that such Loan Party shall reasonably request to file or register
                in any office, or to evidence, such termination or release, or, in the case of Collateral becoming Excluded Property, to effect, to file or register in any office, or to evidence the release of any security interest created by the Security
                Documents in such assets.&#160; Any execution and delivery of documents pursuant to this Section shall be without recourse to or warranty by the Administrative Agent.&#160; Each of the Secured Parties irrevocably authorizes the Administrative Agent,
                at its option and in its discretion, to effect the releases set forth in this Section.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113810"></a><a name="z_Toc521540233"></a><a name="z_Toc521540462"></a><a name="z_Toc522563423"></a><a name="z_Toc524723060"></a><a name="z_Toc525082137"></a><a name="z_Toc525090921"></a><a name="z_Toc525093078"></a><a name="z_Toc525101054"></a><a name="z_Toc525843391"></a><a name="z_Toc21213275"></a><a name="z_Toc21214433"></a><a name="z_Toc21214553"></a><a name="z_Toc21306362"></a><a name="z_Toc21378437"></a><a name="z_Toc21422810"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">189</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 9.15.&#160; <u>Certain Notices.</u>&#160; Each Lender, each Issuing Bank and the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies each Loan Party that,
                pursuant to the requirements of the USA PATRIOT Act and/or the Beneficial Ownership Regulation, it is required to obtain, verify and record information that identifies such Loan Party, which information includes the name and address of such
                Loan Party and other information that will allow such Lender, such Issuing Bank or the Administrative Agent, as applicable, to identify such Loan Party in accordance with the USA PATRIOT Act and the Beneficial Ownership Regulation, and each
                Loan Party agrees to provide such information from time to time to such Lender, such Issuing Bank and the Administrative Agent, as applicable.</div>
              <div style="text-indent: 72pt;">&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113811"></a><a name="z_Toc521540234"></a><a name="z_Toc521540463"></a><a name="z_Toc522563424"></a><a name="z_Toc524723061"></a><a name="z_Toc525082138"></a><a name="z_Toc525090922"></a><a name="z_Toc525093079"></a><a name="z_Toc525101055"></a><a name="z_Toc525843392"></a><a name="z_Toc21213276"></a><a name="z_Toc21214434"></a><a name="z_Toc21214554"></a><a name="z_Toc21306363"></a><a name="z_Toc21378438"></a><a name="z_Toc21422811"></a><a name="z_Toc173956012"></a>SECTION 9.16.&#160; <u>No Fiduciary Relationship.</u>&#160; The Borrower, on behalf of itself and its subsidiaries, agrees that in connection with all aspects of the
                transactions contemplated hereby and any communications in connection therewith, the Borrower, the Subsidiaries and their respective Affiliates, on the one hand, and the Administrative Agent, the Arrangers, the Syndication Agents, the
                Documentation Agents, the Lenders, the Issuing Banks and their respective Affiliates, on the other hand, will have a business relationship that does not create, by implication or otherwise, any fiduciary duty on the part of the
                Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents, the Lenders, the Issuing Banks or their respective Affiliates, and no such duty will be deemed to have arisen in connection with any such transactions or
                communications.&#160; The Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents, the Lenders, the Issuing Banks and their respective Affiliates may be engaged, for their own accounts or the accounts of customers,
                in a broad range of transactions that involve interests that differ from those of the Borrower, the Subsidiaries and their respective Affiliates, and none of the Administrative Agent, the Arrangers, the Syndication Agents, the Documentation
                Agents, the Lenders, the Issuing Banks or any of their respective Affiliates has any obligation to disclose any of such interests to the Borrower, the Subsidiaries or any of their respective Affiliates.&#160; To the fullest extent permitted by
                law, each of the Borrower hereby waives and releases any claims that it or any of its Affiliates may have against the Administrative Agent, the Arrangers, the Syndication Agents, the Documentation Agents, the Lenders, the Issuing Banks or
                any of their respective Affiliates with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113812"></a><a name="z_Toc521540235"></a><a name="z_Toc521540464"></a><a name="z_Toc522563425"></a><a name="z_Toc524723062"></a><a name="z_Toc525082139"></a><a name="z_Toc525090923"></a><a name="z_Toc525093080"></a><a name="z_Toc525101056"></a><a name="z_Toc525843393"></a><a name="z_Toc21213277"></a><a name="z_Toc21214435"></a><a name="z_Toc21214555"></a><a name="z_Toc21306364"></a><a name="z_Toc21378439"></a><a name="z_Toc21422812"></a></div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">190</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">SECTION 9.17.&#160; <u>Non-Public Information.</u>&#160; (a) Each Lender acknowledges that all information, including requests for waivers and amendments, furnished by the Borrower or the
                Administrative Agent pursuant to or in connection with, or in the course of administering, this Agreement will be syndicate-level information, which may contain MNPI.&#160; Each Lender represents to the Borrower and the Administrative Agent that
                (i) it has developed compliance procedures regarding the use of MNPI and that it will handle MNPI in accordance with such procedures and applicable law, including Federal, State and foreign securities laws, and (ii) it has identified in its
                Administrative Questionnaire a credit contact who may receive information that may contain MNPI in accordance with its compliance procedures and applicable law, including Federal, State and foreign securities laws.</div>
              <div>&#160;</div>
            </div>
            <div style="text-align: justify; text-indent: 72pt;">(b)&#160; The Borrower and each Lender acknowledge that, if information furnished the Borrower pursuant to or in connection with this Agreement is being distributed by the Administrative Agent
              through the Platform, (i) the Administrative Agent may post any information that the Borrower has indicated as containing MNPI solely on that portion of the Platform as is designated for <a name="z_cp_text_2_553"></a>Lenders&#8217; employees and
              representatives willing to receive such MNPI (such employees and representatives, &#8220;<u>Private-Siders</u>&#8221;); and (ii) if the Borrower has not indicated whether any information furnished by it pursuant to or in connection with this Agreement
              contains MNPI, the Administrative Agent reserves the right to post such information solely on that portion of the Platform as is designated for Private-Siders.&#160; The Borrower agrees to clearly designate all information provided to the
              Administrative Agent by or on behalf of the Borrower that is suitable to be made available to Lenders&#8217; public-side employees and representatives who do not wish to receive MNPI (such employees and representatives, &#8220;<u>Public-Siders</u>&#8221;), and
              the Administrative Agent shall be entitled to rely on any such designation by the Borrower without liability or responsibility for the independent verification thereof.</div>
            <div>&#160;</div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113813"></a><a name="z_Toc521540236"></a><a name="z_Toc521540465"></a><a name="z_Toc522563426"></a><a name="z_Toc524723063"></a><a name="z_Toc525082140"></a><a name="z_Toc525090924"></a><a name="z_Toc525093081"></a><a name="z_Toc525101057"></a><a name="z_Toc525843394"></a><a name="z_Toc21213278"></a><a name="z_Toc21214436"></a><a name="z_Toc21214556"></a><a name="z_Toc21306365"></a><a name="z_Toc21378440"></a><a name="z_Toc21422813"></a><a name="z_Toc173956014"></a>SECTION 9.18.&#160; <u>Acknowledgement and Consent to Bail-In of Affected Financial Institutions.</u>&#160; Notwithstanding anything to the contrary in any Loan
                Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any <a name="z_cp_text_1_320"></a>Lender or Issuing Bank that is an Affected Financial
                Institution arising under any Loan Document may be subject to the Write-Down and Conversion Powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;">(a)&#160; the application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by any <a name="z_cp_text_1_321"></a>Lender or Issuing Bank party hereto that is an Affected Financial Institution; and</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;">(b)&#160; the effects of any Bail-In Action on any such liability, including, if applicable:</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(i)&#160; </font>a reduction in full or in part or cancellation of any such liability;</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">191</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(ii)&#160; </font>a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such Affected
                Financial Institution, its parent entity, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any
                such liability under this Agreement or any other Loan Document; or</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 36pt; margin-left: 76.5pt;"><font style="color: rgb(0, 0, 0);">(iii)&#160; </font>the variation of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers
                of the applicable Resolution Authority.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113817"></a><a name="z_Toc521540240"></a><a name="z_Toc521540469"></a><a name="z_Toc522563430"></a><a name="z_Toc524723064"></a><a name="z_Toc525082141"></a><a name="z_Toc525090925"></a><a name="z_Toc525093082"></a><a name="z_Toc525101058"></a><a name="z_Toc525843395"></a><a name="z_Toc21213279"></a><a name="z_Toc21214437"></a><a name="z_Toc21214557"></a><a name="z_Toc21306366"></a><a name="z_Toc21378441"></a><a name="z_Toc21422814"></a><a name="z_Toc173956015"></a>SECTION 9.19.&#160; <u>Judgment Currency.</u>&#160; If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any
                other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the first currency with such other currency on
                the Business Day preceding that on which final judgment is given.&#160; The obligation of the Borrower in respect of any such sum due from it to the Administrative Agent or the Lenders hereunder or under the other Loan Documents shall,
                notwithstanding any judgment in a currency (the &#8220;<u>Judgment Currency</u>&#8221;) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the &#8220;<u>Agreement Currency</u>&#8221;), be discharged
                only to the extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent may in accordance with normal banking procedures purchase the
                Agreement Currency with the Judgment Currency.&#160; If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent from the Borrower in the Agreement Currency, the Borrower agree, as a
                separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or the Person to whom such obligation was owing against such loss.&#160; If the amount of the Agreement Currency so purchased is greater than the
                sum originally due to the Administrative Agent in such currency, the Administrative Agent agrees to return the amount of any excess to the Borrower (or to any other Person who may be entitled thereto under applicable Law).</div>
              <div>&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc520113818"></a><a name="z_Toc521540241"></a><a name="z_Toc521540470"></a><a name="z_Toc522563431"></a><a name="z_Toc524723065"></a><a name="z_Toc525082142"></a><a name="z_Toc525090926"></a><a name="z_Toc525093083"></a><a name="z_Toc525101059"></a><a name="z_Toc525843396"></a><a name="z_Toc21213280"></a><a name="z_Toc21214438"></a><a name="z_Toc21214558"></a><a name="z_Toc21306367"></a><a name="z_Toc21378442"></a><a name="z_Toc21422815"></a><a name="z_Toc173956016"></a>SECTION 9.20.&#160; <u>Cashless Settlement.</u>&#160; Notwithstanding anything to the contrary contained in this Agreement, any Lender may exchange, continue or
                rollover all or a portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism approved by the Borrower,
                the Administrative Agent and such Lender.</div>
              <div style="text-indent: 72pt;">&#160;</div>
              <div style="text-align: justify; text-indent: 72pt;"><a name="z_Toc21214439"></a><a name="z_Toc21214559"></a><a name="z_Toc21306368"></a><a name="z_Toc21378443"></a><a name="z_Toc21422816"></a><a name="z_Toc173956017"></a><a name="z_Toc21213281"></a>SECTION 9.21.&#160; <u>Acknowledgement Regarding Any Supported QFCs</u><u>.</u>&#160; To the extent that the Loan Documents provide support, through a guarantee or otherwise, for Hedging Agreements or any other agreement
                or instrument that is a QFC (such support &#8220;<u>QFC Credit Support</u>&#8221; and each such QFC a &#8220;<u>Supported QFC</u>&#8221;), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance
                Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the &#8220;<u>U.S. Special Resolution Regimes</u>&#8221;) in
                respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the
                United States or any other state of the United States):</div>
              <div>&#160;</div>
            </div>
            <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">192</font></div>
              <div class="BRPFPageBreak" style="page-break-after: always;">
                <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
            </div>
            <div>
              <div style="text-align: justify; text-indent: 36pt;">In the event a Covered Entity that is party to a Supported QFC (each, a &#8220;<u>Covered Party</u>&#8221;) becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of such
                Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property securing such Supported QFC or such QFC Credit Support) from
                such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in property)
                were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights
                under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater extent than such Default Rights could be
                exercised under the U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it is understood and agreed
                that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support.</div>
              <div>&#160;</div>
            </div>
            <div>
              <div style="text-align: center;">
                <div>[<font style="background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant: small-caps; text-transform: none;">Signature
                    Pages Intentionally Omitted</font>] <br>
                </div>
              </div>
            </div>
            <br>
            <div>
              <div style="text-align: center;"><font style="font-size: 8pt;">193</font><br>
              </div>
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<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>6
<FILENAME>ef20033689_ex10-5.htm
<DESCRIPTION>EXHIBIT 10.5
<TEXT>
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    <div>
      <div style="text-align: right; font-weight: bold;">Exhibit 10.5</div>
      <div style="text-align: right;"><br>
        CONFIDENTIAL</div>
      <div style="text-align: right;">EXHIBIT A</div>
      <div style="text-align: right;">INCORPORATING THE FIRST AMENDMENT TO NOTE PURCHASE AGREEMENT</div>
      <div style="text-align: right;">DATED AS OF AUGUST 8, 2024</div>
      <div>&#160;</div>
      <div style="text-align: justify;">THE NOTES HAVE BEEN ISSUED WITH &#8220;ORIGINAL ISSUE DISCOUNT&#8221; (WITHIN THE MEANING OF SECTION 1273 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).&#160; NOTEHOLDERS SHOULD CONTACT GEOFF KUPFERSCHMID IN WRITING AT 3001
        SUMMER STREET STAMFORD, CT 06926 OR VIA EMAIL AT GEOFF.KUPFERSCHMID@PB.COM TO OBTAIN (1) THE ISSUE PRICE AND ISSUE DATE OF THE NOTES, (2) THE AMOUNT OF ORIGINAL ISSUE DISCOUNT ON THE NOTES AND (3) THE YIELD TO MATURITY OF THE NOTES.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: center;">NOTE PURCHASE AGREEMENT</div>
      <div>&#160;</div>
      <div style="text-align: center;">dated as of July 31, 2023,</div>
      <div>&#160;</div>
      <div style="text-align: center;">as amended by that certain First Amendment to Note Purchase Agreement,</div>
      <div>&#160;</div>
      <div style="text-align: center;">dated as of August 8, 2024,</div>
      <div>&#160;</div>
      <div style="text-align: center;">among</div>
      <div>&#160;</div>
      <div style="text-align: center;">PITNEY BOWES INC.,</div>
      <div>&#160;</div>
      <div style="text-align: center;">as the Issuer,</div>
      <div>&#160;</div>
      <div style="text-align: center;">THE SUBSIDIARY GUARANTORS FROM TIME TO TIME PARTY HERETO,</div>
      <div>&#160;</div>
      <div style="text-align: center;">ALTER DOMUS (US) LLC,</div>
      <div>&#160;</div>
      <div style="text-align: center;">as Noteholder Representative,</div>
      <div>&#160;</div>
      <div style="text-align: center;">and</div>
      <div>&#160;</div>
      <div style="text-align: center;">THE NOTEHOLDERS FROM TIME TO TIME PARTY HERETO</div>
      <div>&#160;</div>
      <div style="text-align: justify;">THE NOTES ISSUED PURSUANT TO THIS NOTE PURCHASE AGREEMENT WERE ISSUED IN A PRIVATE PLACEMENT, WITHOUT REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE &#8220;ACT&#8221;), AND MAY NOT BE SOLD, ASSIGNED OR OTHERWISE
        TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT COVERING THE TRANSFER OR AS OTHERWISE PERMITTED BY THE ACT.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <!--PROfilePageNumberReset%LCR%1%%%-->
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"><u>TABLE OF CONTENTS</u></div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"><u> <br>
        </u></div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="z82ae0ecaa27a4a068c586a7a39bb735b">

          <tr>
            <td style="width: 15%; vertical-align: top;">&#160;</td>
            <td style="width: 77%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Page</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 15%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 77%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 8%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ARTICLE I DEFINITIONS</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 1.01</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Defined Terms</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">1</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 1.02</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Terms Generally</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">45</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 1.03</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Accounting Terms; GAAP; Issuer Representative</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">46</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 1.04</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Pro Forma Calculations</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">46</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 1.05</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Timing of Payments or Performance</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">46</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 1.06</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Certain Calculations and Tests</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">47</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 1.07</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Divisions</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">48</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 1.08</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Currency; Calculation of Amounts</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">48</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 1.09</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Interest Rates</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">48</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 1.10</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Basket Usage</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">49</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" colspan="2" style="vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 8%; vertical-align: top; text-align: right;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ARTICLE II THE NOTES</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">49</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.01</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Notes</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">49</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.02</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Evidence of Debt; Repayment of Notes</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">49</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.03</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Fees</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">50</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.04</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Interest on Notes</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">51</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.05</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Default Interest</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">51</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.06</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Inability to Determine Rates</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">51</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.07</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Termination of Commitments</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">52</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.08</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>[Reserved]</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">52</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.09</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Repayment of Notes</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">52</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.10</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Optional Redemptions</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">52</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.11</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Mandatory Redemptions</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">53</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.12</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Requirements; Change in Circumstances</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">55</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.13</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Change in Legality</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">57</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.14</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Indemnity</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">57</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.15</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Pro Rata Treatment</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">58</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.16</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Sharing of Setoffs</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">58</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.17</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Payments</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">58</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.18</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Taxes</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">59</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.19</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Assignment of Commitments Under Certain Circumstances</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">64</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 2.20</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Benchmark Replacement Setting</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">64</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 2.21</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Defaulting Noteholders</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">65</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td rowspan="1" style="width: 8%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>ARTICLE III REPRESENTATIONS AND WARRANTIES</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">66</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.01</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Organization; Powers</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">66</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.02</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Authorization; Due Execution and Delivery; Enforceability</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">66</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.03</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Governmental Approvals; No Conflicts</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">67</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.04</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Financial Condition; No Material Adverse Change</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">67</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.05</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Properties</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">67</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.06</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Litigation and Environmental Matters</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">68</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.07</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Compliance with Laws</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">68</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.08</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Sanctions; Anti-Corruption Laws</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">68</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.09</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Investment Company Status</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">69</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">i</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="z14a7bfdc333b4c9bb5e7e5089ebaee67">

          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.10</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Federal Reserve Regulations</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">69</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.11</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Taxes</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">69</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.12</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ERISA</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">69</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.13</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Disclosure</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">69</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.14</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Subsidiaries</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">70<br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.15</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Solvency</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">70</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.16</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Collateral Matters</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">70</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.17</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Use of Proceeds</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">71</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.18</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Labor Matters</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">71</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.19</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>PATRIOT Act and Other Regulations</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">71</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.20</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Insurance</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">72</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.21</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Location of Real Property</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">72</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 3.22</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>The Notes</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">72</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 3.23</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Beneficial Ownership Certification</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">72</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td rowspan="1" style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255); text-align: right;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>ARTICLE IV CONDITIONS OF ISSUANCE ON CLOSING DATE</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">72</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 4.01</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Closing Date Issuance</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">72</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" colspan="2" style="vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 8%; vertical-align: top; text-align: right;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ARTICLE V AFFIRMATIVE COVENANTS</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">75</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 5.01</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Financial Statements and Other Information</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">75</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 5.02</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Notices of Material Events</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">77</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 5.03</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Information Regarding Collateral</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">78</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 5.04</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Existence; Conduct of Business</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">78</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 5.05</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Payment of Taxes</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">78</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 5.06</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Maintenance of Properties</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">78</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 5.07</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Insurance</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">79</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 5.08</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Books and Records; Inspection and Audit Rights</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">79</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 5.09</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Compliance with Laws</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">79</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 5.10</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Use of Proceeds</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">80<br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 5.11</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Additional Subsidiaries</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">80<br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 5.12</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Further Assurances</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">80</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 5.13</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Post-Closing Date Matters</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">81</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 5.14</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Controlled Account</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">82</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 5.15</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Account Control Agreements</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">82</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td rowspan="1" style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255); text-align: right;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>ARTICLE VI NEGATIVE COVENANTS</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">82</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 6.01</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Indebtedness; Certain Equity Securities</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">82</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 6.02</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Liens</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">88</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 6.03</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Fundamental Changes</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">91</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 6.04</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Investments, Loans, Advances, Guarantees and Acquisitions</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">93</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 6.05</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Asset Sales</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">97</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 6.06</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Sale and Leaseback Transactions</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">99</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 6.07</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Hedging Agreements</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">99</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 6.08</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Restricted Payments; Certain Payments of Junior Indebtedness</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">99</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 6.09</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Transactions with Affiliates</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">101</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 6.10</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Restrictive Agreements</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">102</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 6.11</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Amendment of Material Documents, Etc</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">103</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 6.12</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Amendments to Indebtedness</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">103</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 6.13</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Changes in Fiscal Periods</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">103</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">ii</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="z66741b7720364864b58170f640e34b4a">

          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 6.14</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Existing Senior Notes</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">104</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 6.15</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Material Assets</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">104</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td rowspan="1" style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255); text-align: right;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>ARTICLE VII EVENTS OF DEFAULT</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">104</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 7.01</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Event of Default</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">104</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 7.02</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Payment of Redemption Premium</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">108</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 7.03</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Exclusion of Certain Subsidiaries</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">108</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 7.04</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Application of Funds</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">109</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td rowspan="1" style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255); text-align: right;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>ARTICLE VIII THE NOTEHOLDER REPRESENTATIVE</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">109</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 8.01</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Duties, Agreements and Acknowledgments, etc</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">109</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 8.02</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Erroneous Payment</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">114</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td rowspan="1" style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255); text-align: right;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>ARTICLE IX MISCELLANEOUS</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">116</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.01</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Notices</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">116</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.02</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Survival of Agreement</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">117</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.03</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Binding Effect</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">117</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.04</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Successors and Assigns</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">118</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.05</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Expenses; Indemnity</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">122</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.06</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Right of Setoff</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">125</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.07</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Applicable Law</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">125</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.08</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Waivers; Amendment</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">125</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.09</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Interest Rate Limitation</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">127</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.10</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Entire Agreement</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">127</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.11</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>WAIVER OF JURY TRIAL</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">128</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.12</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Severability</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">128</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.13</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Counterparts; Electronic Execution</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">128</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.14</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Headings</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">128</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.15</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Jurisdiction; Consent to Service of Process</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">129</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.16</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Confidentiality</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">129</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.17</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>PATRIOT Act Notice</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">130</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.18</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>No Advisory or Fiduciary Responsibility</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">130</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.19</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Intercreditor Agreement</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">130</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.20</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>Collateral and Guarantee Matters</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">131</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.21</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Acknowledgment and Consent to Bail-In of EEA Financial Institutions</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">132</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top;">
              <div style="text-align: center;">Section 9.22</div>
            </td>
            <td style="width: 77%; vertical-align: top;">
              <div>[Reserved]</div>
            </td>
            <td style="width: 8%; vertical-align: top;">
              <div style="text-align: right;">133</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Section 9.23</div>
            </td>
            <td style="width: 77%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Representations and Warranties of the Noteholders</div>
            </td>
            <td style="width: 8%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">133</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">iii</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="z2eac1eceeb5447bfa714e8c63831c400">

          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div><u>SCHEDULES</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">&#160;</td>
            <td style="width: 82%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SCHEDULE 1.01(a)</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SUBSIDIARY GUARANTORS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>SCHEDULE 1.01(b)</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>EXCLUDED SUBSIDIARIES</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SCHEDULE 1.01(c)</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>LIMITED FOREIGN SUBSIDIARIES</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>SCHEDULE 1.02</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>MATERIAL REAL PROPERTY</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SCHEDULE 2.02</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>COMMITMENTS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>SCHEDULE 3.14</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>SUBSIDIARIES</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SCHEDULE 3.18</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>LABOR MATTERS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>SCHEDULE 3.20</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>MATERIAL REAL PROPERTY</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SCHEDULE 4.01</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SECURITY DOCUMENTS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div style="text-align: justify;">SCHEDULE 5.15</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div style="text-align: justify;">POST-CLOSING UNDERTAKINGS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;">SCHEDULE 6.01</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;">EXISTING INDEBTEDNESS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div style="text-align: justify;">SCHEDULE 6.01(d)</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div style="text-align: justify;">RELEASED GROUP INDEBTEDNESS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;">SCHEDULE 6.02</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;">EXISTING LIENS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div style="text-align: justify;">SCHEDULE 6.04</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div style="text-align: justify;">EXISTING INVESTMENTS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;">SCHEDULE 6.10</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;">EXISTING RESTRICTIONS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">&#160;</td>
            <td style="width: 82%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><u>EXHIBITS</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">&#160;</td>
            <td style="width: 82%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EXHIBIT A</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>FORM OF ADMINISTRATIVE QUESTIONNAIRE</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>EXHIBIT B</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>FORM OF ASSIGNMENT AND ACCEPTANCE</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EXHIBIT C</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>FORM OF NOTE</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>EXHIBIT D</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>FORM OF COLLATERAL AGREEMENT</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EXHIBIT E</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>FORM OF GUARANTEE AGREEMENT</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>EXHIBIT F</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>FORM OF INTERCREDITOR AGREEMENT</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EXHIBIT G</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>FORM OF SOLVENCY CERTIFICATE</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>EXHIBIT H-1</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>FORM OF U.S. TAX COMPLIANCE CERTIFICATE (FOR FOREIGN NOTEHOLDERS THAT ARE NOT PARTNERSHIPS FOR U.S. FEDERAL INCOME TAX PURPOSES)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EXHIBIT H-2</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>FORM OF U.S. TAX COMPLIANCE CERTIFICATE (FOR FOREIGN PARTICIPANTS THAT ARE NOT PARTNERSHIPS FOR U.S. FEDERAL INCOME TAX PURPOSES)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>EXHIBIT H-3</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>FORM OF U.S. TAX COMPLIANCE CERTIFICATE (FOR FOREIGN NOTEHOLDERS THAT ARE PARTNERSHIPS FOR U.S. FEDERAL INCOME TAX PURPOSES)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EXHIBIT H-4</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>FORM OF U.S. TAX COMPLIANCE CERTIFICATE (FOR FOREIGN PARTICIPANTS THAT ARE PARTNERSHIPS FOR U.S. FEDERAL INCOME TAX PURPOSES)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top;">
              <div>EXHIBIT I</div>
            </td>
            <td style="width: 82%; vertical-align: top;">
              <div>FORM OF COMPLIANCE CERTIFICATE</div>
            </td>
          </tr>
          <tr>
            <td style="width: 18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EXHIBIT J</div>
            </td>
            <td style="width: 82%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>FORM OF NOTICE OF ISSUANCE</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">iv</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <!--PROfilePageNumberReset%Num%1%%%-->
      <div style="text-align: center; font-weight: bold;">NOTE PURCHASE AGREEMENT</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">NOTE PURCHASE AGREEMENT, dated as of July 31, 2023, as amended by that certain First Amendment to Note Purchase Agreement, dated of August 8, 2024, among Pitney Bowes Inc., a Delaware corporation
        (the &#8220;<u>Issuer</u>&#8221;), Alter Domus (US) LLC, as the noteholder representative (in such capacity, including any successor thereto, the &#8220;<u>Noteholder Representative</u>&#8221;) under the Note Documents, each Subsidiary Guarantor from time to time party
        hereto, and each noteholder from time to time party hereto (collectively, the &#8220;<u>Noteholders</u>&#8221; and individually, a &#8220;<u>Noteholder</u>&#8221;).</div>
      <div>&#160;</div>
      <div style="text-align: center;">RECITALS:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">WHEREAS, the Issuer has requested that, upon the satisfaction or waiver of the conditions precedent set forth in the applicable provisions in <font style="color: rgb(0, 0, 0);">Section 4.01</font>
        below, the Noteholders purchase, and the Noteholders have agreed to purchase from the Issuer, the Notes in the aggregate principal amount of $275,000,000 pursuant to the terms of, and subject to the conditions set forth in, this Agreement;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">WHEREAS, the proceeds of the Notes, will be used for the refinancing of the Senior Notes due 2024 and the repayment of First Lien Term Loans; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">WHEREAS, the Issuer and the Subsidiary Guarantors have agreed to secure their respective Obligations by granting to the Noteholder Representative, for the benefit of the Secured Parties, a first
        priority lien on substantially all of their respective assets, subject to the terms and conditions set forth in the Security Documents (as defined in <font style="color: rgb(0, 0, 0);">Article I</font>).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">NOW, THEREFORE, in consideration of the premises and the agreements, provisions and covenants herein contained, the parties hereto agree as follows:</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(1, 0, 0); font-weight: bold;">ARTICLE I</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">DEFINITIONS</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.01&#160;&#160;&#160; &#160;&#160;&#160;&#160; <u>Defined Terms</u>.&#160; As used in this Agreement, the following terms shall have the meanings specified below:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Acceptable Intercreditor Agreement</u>&#8221; shall mean an intercreditor agreement in form and substance reasonably satisfactory to the Noteholder Representative (acting at the direction of the
        Required Noteholders) and the Issuer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Account Control Agreement</u>&#8221; means the deposit account control agreement by and among the Issuer, the Noteholder Representative and Citibank, N.A., which shall be in form and substance
        satisfactory to the Required Noteholders and the Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Adjusted Term SOFR</u>&#8221; shall mean, for purposes of any calculation, the rate per annum equal to Term SOFR for such calculation; <u>provided</u> that if Adjusted Term SOFR as so determined
        shall ever be less than the Floor (if any), then Adjusted Term SOFR shall be deemed to be the Floor.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Administrative Questionnaire</u>&#8221; shall mean an Administrative Questionnaire in the form of <u>Exhibit A</u>, or such other form as may be supplied from time to time by the Noteholder
        Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Affected Financial Institution</u>&#8221; shall mean (a) any EEA Financial Institution or (b) any UK Financial Institution.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">1</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Affiliate</u>&#8221; shall mean, when used with respect to a specified person, another person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under
        common Control with the person specified.&#160; Notwithstanding the foregoing, neither the Noteholder Representative nor any Oaktree Noteholder shall in any event be considered an Affiliate of the Issuer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Agreement</u>&#8221; shall mean this Note Purchase Agreement, as it may be amended, restated, amended and restated, supplemented or otherwise modified from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Alternative Incremental Facility Debt</u>&#8221; shall mean any Indebtedness incurred by the Issuer in the form of (a) one or more series of senior secured notes, bonds or debentures and/or loans
        under a bridge facility described in the proviso below in this definition which convert or are to be exchanged into senior secured notes, bonds or debentures, in each case secured on a <font style="font-style: italic;">pari</font>&#160;<font style="font-style: italic;">passu</font> basis with or junior basis to the Notes or senior unsecured notes or senior subordinated notes or senior unsecured or senior subordinated bridge facility or (b) one or more term loans secured on a junior
        basis to the Notes or unsecured; <font style="font-style: italic;">provided</font> that (i) if such Indebtedness is secured, such Indebtedness shall be secured by the Collateral (x) on a <font style="font-style: italic;">pari</font>&#160;<font style="font-style: italic;">passu</font> or junior basis (in the case of notes, bonds or debentures or loans under any bridge facility which convert or are to be exchanged into senior secured notes, bonds or debentures) or (y) on a junior basis
        (in the case of term loans), in each case with the Obligations and is not secured by any property or assets of the Issuer or any Subsidiary other than the Collateral, (ii) such Indebtedness does not mature or have scheduled amortization or other
        scheduled payments of principal, and is not subject to any other mandatory redemption, repurchase, repayment or sinking fund obligation, in each case prior to the Maturity Date (or, in the case of Indebtedness secured on a junior basis to the
        Obligations or unsecured Indebtedness, the date that is ninety (90) days after the Maturity Date) at the time such Indebtedness is incurred (except, in each case, (1) upon the occurrence of an event of default, a change in control, an event of loss
        or asset disposition (so long as the Notes are permitted to be redeemed with the relevant net proceeds (x) on a pro rata basis (together with other permitted <font style="font-style: italic;">pari passu</font> secured Indebtedness as applicable)
        in the case of Indebtedness secured on a <font style="font-style: italic;">pari passu</font> basis with the Obligations or (y) prior to such other Indebtedness in the case of Indebtedness secured on a junior basis to the Obligations or unsecured
        Indebtedness) or, (2) in the case of Indebtedness secured by the Collateral on a <font style="font-style: italic;">pari passu</font> basis with the Liens securing the Obligations, a prepayment or redemption obligation with the net proceeds of
        Indebtedness pursuant to a prepayment provision substantially corresponding to Section 2.11(b) hereof and amortization not in excess of 1.00% per annum; <font style="font-style: italic;">provided</font> that the requirements set forth in this
        clause (ii) shall not apply to any Indebtedness consisting of a customary bridge facility so long as such bridge facility, subject to customary conditions, would either automatically be converted into or required to be exchanged for permanent
        refinancing that does not mature earlier than the Maturity Date, (iii) the provisions of any such Indebtedness (other than with respect to fees, call premium and interest rate), when taken as a whole, shall not be more favorable to the applicable
        lenders or creditors than those of the Notes (as reasonably determined in good faith by the Issuer) unless (x) the Noteholders also receive the benefit of such more favorable terms or (y) such provisions apply after the Maturity Date at the time
        and (iv) such Indebtedness is not guaranteed by, or have any obligors other than, the Note Parties.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Anti-Corruption Laws</u>&#8221; means all laws, and regulations of any Governmental Authority applicable to the Issuer or any of its Subsidiaries from time to time concerning or relating to bribery
        or corruption.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Applicable Rate</u>&#8221; shall mean, Adjusted Term SOFR <u>plus</u> 6.90%,</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Assignment and Acceptance</u>&#8221; shall mean an assignment and acceptance entered into by a Noteholder and an assignee, and accepted by the Noteholder Representative, substantially in the form of
        <u>Exhibit B</u> or such other form as shall be approved by the Noteholder Representative and the Issuer (such approval of the Issuer not to be unreasonably withheld or delayed).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">2</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Available Tenor</u>&#8221; shall mean, as of any date of determination and with respect to the then-current Benchmark, as applicable, (x) if such Benchmark is a term rate, any tenor for such
        Benchmark (or component thereof) that is or may be used for determining the length of an interest period pursuant to this Agreement or (y) otherwise, any payment period for interest calculated with reference to such Benchmark (or component thereof)
        that is or may be used for determining any frequency of making payments of interest calculated with reference to such Benchmark pursuant to this Agreement, in each case, as of such date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Bail-In Action</u>&#8221; shall mean the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Bail-In Legislation</u>&#8221; shall mean (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European
        Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time that is described in the EU Bail-In Legislation Schedule<u>&#160;</u>and (b) with respect to the United Kingdom, Part I of the United Kingdom
        Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates
        (other than through liquidation, administration or other insolvency proceedings).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Bankruptcy Code</u>&#8221; shall mean Title 11 of the United States Code (11 U.S.C. &#167; 101 et seq.), entitled &#8220;Bankruptcy&#8221; as it has been, or may be, amended from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Bankruptcy Event</u>&#8221; means, with respect to any Person, that such Person has become the subject of a bankruptcy, insolvency proceeding or Bail-In Action or has had a receiver, conservator,
        trustee, administrator, custodian, examiner, assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation of its business appointed for it, in the good faith determination of the Required Noteholders, has
        taken any action in furtherance of, or indicating its consent to, approval of or acquiescence in, any such proceeding or appointment or has become the subject of a Bail-In Action; <u>provided</u> that a Bankruptcy Event shall not result solely by
        virtue of any ownership interest, or the acquisition of any ownership interest, in such Person by a Governmental Authority; <u>provided</u>&#160;<u>further</u> that such ownership interest does not result in or provide such Person with immunity from
        the jurisdiction of courts within the United States of America or from the enforcement of judgments or writs of attachment on its assets or permit such Person (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts
        or agreements made by such Person.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Benchmark</u>&#8221; shall mean, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR Reference Rate or the then-current
        Benchmark, then &#8220;Benchmark&#8221; shall mean the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to <font style="color: rgb(0, 0, 0);">Section 2.20(a)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Benchmark Replacement</u>&#8221; shall mean, with respect to any Benchmark Transition Event, the sum of: (a) the alternate benchmark rate that has been selected by the Noteholder Representative
        (acting at the direction of the Required Noteholders) and the Issuer giving due consideration to (i) any selection or recommendation of a replacement benchmark rate or the mechanism for determining such a rate by any Governmental Authority or (ii)
        any evolving or then-prevailing market convention for determining a benchmark rate as a replacement to the then-current Benchmark for Dollar-denominated syndicated credit facilities at such time and (b) the related Benchmark Replacement Adjustment;
        provided that, if such Benchmark Replacement as so determined would be less than the Floor, such Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Note Documents.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">3</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Benchmark Replacement Adjustment</u>&#8221; shall mean, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement, the spread adjustment, or method for
        calculating or determining such spread adjustment, (which may be a positive or negative value or zero) that has been selected by the Noteholder Representative (acting at the direction of the Required Noteholders) and the Issuer giving due
        consideration to (a) any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the Relevant
        Governmental Body or (b) any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted
        Benchmark Replacement for Dollar-denominated syndicated credit facilities at such time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Benchmark Replacement Date</u>&#8221; shall mean the earliest to occur of the following events with respect to the then-current Benchmark:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160; &#160; &#160; in the case of clause (a) or (b) of the definition of &#8220;Benchmark Transition Event,&#8221; the later of (i) the date of the public statement or publication of information
        referenced therein and (ii) the date on which the administrator of such Benchmark (or the published component used in the calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such Benchmark (or such component
        thereof); or</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; in the case of clause (c) of the definition of &#8220;Benchmark Transition Event,&#8221; the first date on which all Available Tenors of such Benchmark (or the published
        component used in the calculation thereof) have been determined and announced by the regulatory supervisor for the administrator of such Benchmark (or such component thereof) to be non-representative; provided that such non-representativeness will
        be determined by reference to the most recent statement or publication referenced in such clause (c) and even if any Available Tenor of such Benchmark (or such component thereof) continues to be provided on such date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">For the avoidance of doubt, the &#8220;Benchmark Replacement Date&#8221; will be deemed to have occurred in the case of clause (a) or (b) with respect to any Benchmark upon the occurrence of the applicable
        event or events set forth therein with respect to all then-current Available Tenors of such Benchmark (or the published component used in the calculation thereof).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Benchmark Transition Event</u>&#8221;<font style="font-weight: bold;">&#160;</font>shall mean the occurrence of one or more of the following events with respect to the then-current Benchmark:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; a public statement or publication of information by or on behalf of the administrator of such Benchmark (or the published component used in the calculation thereof)
        announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof), permanently or indefinitely, <u>provided</u> that, at the time of such statement or publication, there is no
        successor administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof);</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">4</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160; &#160; &#160;&#160;&#160; a public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the
        calculation thereof), the Federal Reserve Board, the Federal Reserve Bank of New York, an insolvency official with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the
        administrator for such Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator for such Benchmark (or such component), which states that the administrator of such Benchmark (or
        such component) has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely, <u>provided</u> that, at the time of such statement or publication, there is no successor
        administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof); or</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160; &#160;&#160; &#160;&#160;&#160; a public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the
        calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are not, or as of a specified future date will not be, representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">For the avoidance of doubt, a &#8220;Benchmark Transition Event&#8221; will be deemed to have occurred with respect to any Benchmark if a public statement or publication of information set forth above has
        occurred with respect to each then-current Available Tenor of such Benchmark (or the published component used in the calculation thereof).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Benchmark Transition Start Date</u>&#8221; shall mean, in the case of a Benchmark Transition Event, the earlier of (a) the applicable Benchmark Replacement Date and (b) if such Benchmark Transition
        Event is a public statement or publication of information of a prospective event, the 90th day prior to the expected date of such event as of such public statement or publication of information (or if the expected date of such prospective event is
        fewer than ninety (90) days after such statement or publication, the date of such statement or publication).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Benchmark Unavailability Period</u>&#8221; shall mean the period (if any) (a) beginning at the time that a Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has
        replaced the then-current Benchmark for all purposes hereunder and under any Note Document in accordance with <font style="color: rgb(0, 0, 0);">Section 2.20</font> and (b) ending at the time that a Benchmark Replacement has replaced the
        then-current Benchmark for all purposes hereunder and under any Note Document in accordance with <font style="color: rgb(0, 0, 0);">Section 2.20</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Beneficial Ownership Certification</u>&#8221; shall mean a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Beneficial Ownership Regulation</u>&#8221; shall mean 31 C.F.R. &#167; 1010.230.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Blocked Account Agreement</u>&#8221; shall have the meaning assigned to such term in Section 5.15.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Blocked Accounts</u>&#8221; shall have the meaning assigned to such term in Section 5.15</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Board</u>&#8221; shall mean the Board of Governors of the Federal Reserve System of the United States of America.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Breakage Event</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 2.14(a)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Business Day</u>&#8221; shall mean any day other than a Saturday, Sunday or day on which banks in New York City are authorized or required by law to close.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">5</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Capital Lease Obligations</u>&#8221; of any person shall mean the obligations of such person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or
        personal property, or a combination thereof, which obligations are required to be classified and accounted for as finance leases on a balance sheet of such person under GAAP, and the amount of such obligations shall be the capitalized amount
        thereof determined in accordance with GAAP.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Captive Insurance Subsidiary</u>&#8221; means a Subsidiary of the Issuer established for the purpose of, and to be engaged solely in the business of, insuring the businesses or facilities owned or
        operated by the Issuer or any of its Subsidiaries or joint ventures.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Cash Management Services</u>&#8221; means the treasury management services (including controlled disbursements, zero balance arrangements, cash sweeps, automated clearinghouse transactions, return
        items, overdrafts, single entity or multi-entity multicurrency notional pooling structures, temporary advances, interest and fees and interstate depository network services), netting services, employee credit or purchase card programs and similar
        programs, in each case, provided to the Issuer or any Subsidiary by a banking institution that is a lender under the First Lien Credit Agreement at the time such arrangements are entered into (or an affiliate of such a lender) and that provides
        such services to customers in the regular conduct of its banking business.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Change in Law</u>&#8221; shall mean the occurrence, after the date of this Agreement, of any of the following: (a) the adoption or taking effect of any Law, (b) any change in any Law or in the
        administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of Law) by any Governmental Authority; <font style="font-style: italic;">provided </font>that notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, regulations, guidelines, interpretations or directives
        thereunder or issued in connection therewith (whether or not having the force of Law) and (ii) all requests, rules, regulations, guidelines, interpretations or directives promulgated by the Bank for International Settlements, the Basel Committee on
        Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities (whether or not having the force of Law), in each case pursuant to Basel III, shall in each case be deemed to be a Change in Law
        regardless of the date enacted, adopted, issued, promulgated or implemented.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Change of Control</u>&#8221; shall mean any of the following events:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the acquisition of ownership, directly or indirectly, beneficially or of record, by any Person or group (within the meaning of the Exchange Act and the rules of the
        SEC thereunder as in effect on the Closing Date), other than an employee benefit plan or related trust of the Issuer, of Equity Interests in the Issuer representing more than 35% of the aggregate ordinary voting power represented by the issued and
        outstanding Equity Interests in the Issuer; or</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the occurrence of any &#8220;change in control&#8221; (or similar event, however denominated) with respect to the Issuer under and as defined in the First Lien Credit Agreement
        or any indenture, credit agreement or other agreement or instrument evidencing or governing the rights of the holders of any other Material Indebtedness of the Issuer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">For purposes of this definition, (i) &#8220;beneficial ownership&#8221; shall be as defined in Rules 13(d)-3 and 13(d)-5 under the Exchange Act and (ii) the phrase Person or &#8220;group&#8221; is within the meaning of
        Section 13(d) or 14(d) of the Exchange Act, but excluding any employee benefit plan of such Person or &#8220;group&#8221; and its subsidiaries and any Person acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">6</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Charges</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 9.09</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Closing Date</u>&#8221; shall mean July 31, 2023.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Code</u>&#8221; shall mean the U.S. Internal Revenue Code of 1986, as amended.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Collateral</u>&#8221; shall mean any and all assets, whether real or personal, tangible or intangible, on which Liens are purported to be granted pursuant to the Security Documents as security for
        the Obligations, but excluding, for the avoidance of doubt, the Excluded Property.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Collateral Agreement</u>&#8221; shall mean the Collateral Agreement dated as of the Closing Date by and among the Note Parties and the Noteholder Representative, attached hereto as <u>Exhibit D</u>,
        or any other collateral agreement reasonably requested (in accordance with the Collateral and Guarantee Requirement) by the Noteholder Representative (acting at the direction of the Required Noteholders).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Collateral and Guarantee Requirement</u>&#8221; shall mean, at any time, the requirement that:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Noteholder Representative&#160; shall have received from the Issuer, each other Note Party and each Designated Subsidiary (i) a counterpart of each Security Document
        to which such Person is a party duly executed and delivered on behalf of such Person or (ii) in the case of any Domestic Subsidiary that becomes a Note Party or a Designated Subsidiary after the Closing Date, a supplement to the Collateral
        Agreement in substantially the form attached as Exhibit I thereto, a supplement to the Guarantee Agreement in substantially the form attached as Exhibit I thereto, a Patent Security Agreement, Trademark Security Agreement and/or Copyright Security
        Agreement (each as defined in the Collateral Agreement, and to the extent applicable) and other security documents reasonably requested by the Noteholder Representative, in form and substance reasonably satisfactory to the Noteholder Representative
        (acting at the direction of the Required Noteholders and consistent with the Security Documents in effect on the Closing Date) and (iii) in the case of any Specified Foreign Subsidiary that becomes a Note Party or a Designated Subsidiary after the
        Closing Date, such security documents requested by the Noteholder Representative, in form and substance reasonably satisfactory to the Noteholder Representative (acting at the direction of the Required Noteholders) consistent with the Security
        Documents entered into pursuant to Section 5.13, or, as applicable, joinders to such Security Documents, in each case of clauses (ii) and (iii), duly executed and delivered on behalf of such Person, in each case, together with such opinions and
        documents of the type referred to in Section 4.01(a) (or, as applicable, consistent with the opinions and documents delivered pursuant to Section 5.13) with respect to such Person as may be reasonably requested by the Noteholder Representative
        (acting at the direction of the Required Noteholders);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (i) all outstanding Equity Interests (other than any Equity Interest constituting Excluded Property) of each Subsidiary that is a Material Subsidiary, in each case
        owned by any Note Party, shall have been pledged pursuant to the Collateral Agreement or other Security Documents; <font style="font-style: italic;">provided</font> that the Note Parties shall not be required to pledge Excluded Property and (ii)
        the Noteholder Representative shall, subject to the Intercreditor Agreement, to the extent required by the Collateral Agreement or other Security Documents, have received certificates or other instruments representing all such Equity Interests of
        any Subsidiary (other than any Equity Interest constituting Excluded Property) held by any Note Party, together with undated stock powers or other appropriate instruments of transfer with respect thereto endorsed in blank (to the extent applicable
        and <font style="font-style: italic;">provided</font> that no Note Party shall have any obligation to deliver a certificate or other instrument representing any such Equity Interest if such Equity Interest is uncertificated);</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">7</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(i) all Indebtedness of the Issuer and each Subsidiary that is owing to any Note Party (other than any such Indebtedness constituting Excluded Property) shall be
        evidenced by, at the Note Party&#8217;s option, a Global Intercompany Note or one or more standalone promissory notes (in each case to the extent required by Section 6.04(f) or (ee)), and shall be Collateral pursuant to the applicable Security Documents;
        and (ii) the Noteholder Representative (or the First Lien Term Agent, on behalf of the Noteholder Representative) shall have received (x) the Global Intercompany Note and (y)(A) all such promissory notes in respect of the DIP Financing (if any) and
        (B) all such promissory notes with a principal amount of $20,000,000 or more, in each case, together with undated instruments of transfer with respect thereto endorsed in blank;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160; &#160;&#160;&#160; all financing statements and other appropriate filings or recordings, including Uniform Commercial Code financing statements and, as applicable, foreign equivalents
        with respect to any Specified Foreign Subsidiary under any Specified Foreign Jurisdiction, required by law or specified in the Security Documents to be filed, registered or recorded on the Closing Date (or on the applicable date the Collateral and
        Guarantee Requirement is required to be satisfied with respect to the relevant assets pursuant to Sections 5.11 or 5.13 hereof or applicable provisions in the Security Documents) shall have been so filed, registered or recorded or delivered to the
        Noteholder Representative for such filing, registration or recording;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Noteholder Representative shall have received (i) counterparts of a Mortgage with respect to each Mortgaged Property duly executed and delivered by the record
        owner of such Mortgaged Property; <font style="font-style: italic;">provided</font> that if the Mortgaged Property is in a jurisdiction that imposes a mortgage recording or similar tax on the amount secured by such Mortgage, then the amount
        secured by such Mortgage shall be limited to the fair market value, as reasonably determined by the Issuer in good faith, of such Mortgaged Property, (ii) a policy or policies of title insurance issued by a nationally recognized title insurance
        company insuring the Lien of each such Mortgage as a valid and enforceable first Lien on the Mortgaged Property described therein, free of any other Liens except as expressly permitted by Section 6.02, together with such endorsements, coinsurance
        and reinsurance as the Noteholder Representative (acting at the direction of the Required Noteholders) may reasonably request to the extent available in the applicable jurisdiction at commercially reasonable rates (it being agreed that the
        Noteholder Representative shall accept zoning reports from a nationally recognized zoning company in lieu of zoning endorsements to such title insurance policies), in an amount equal to the fair market value of such Mortgaged Property as reasonably
        determined by the Issuer in good faith, <font style="font-style: italic;">provided</font> that in no event will the Issuer be required to obtain independent appraisals or other third-party valuations of such Mortgaged Property, unless required by
        FIRREA or other applicable law, <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, the Issuer shall provide to the title company and the Noteholder Representative such supporting information with
        respect to its determination of Fair Market Value as may be reasonably required by such parties, (iii) with respect to each Mortgaged Property located in the United States, a completed &#8220;Life-of-Loan&#8221; Federal Emergency Management Agency Standard
        Flood Hazard Determination (together with a notice about special flood hazard area status and flood disaster assistance, which, if applicable, shall be duly executed by the applicable Note Party relating to such Mortgaged Property), and, if any
        such Mortgaged Property is located in an area determined by the Federal Emergency Management Agency to have special flood hazards, evidence of such flood insurance as may be required under applicable law, including Regulation H of the Board of
        Governors and (iv) such customary surveys (or existing surveys together with no-change affidavits of such Mortgaged Property or survey alternatives, including express maps), abstracts, legal opinions, title documents and other documents as the
        Noteholder Representative or the Required Noteholders may reasonably request with respect to any such Mortgage or Mortgaged Property; <font style="font-style: italic;">provided</font> that (x) the requirements of the foregoing clauses (i), (ii)
        and (iv) shall be completed on or before, (1) in the case of Mortgaged Property owned on the Closing Date, the date that is ninety (90) days after the Closing Date (or such longer period as the Noteholder Representative (acting at the direction of
        the Required Noteholders) may, in its reasonable discretion, agree to in writing (such approval or consent not to be unreasonably withheld or delayed) in accordance with Section 5.13 or (2) in the case of other Mortgaged Property, the date required
        by Section 5.12(a), (y) legal opinions referred to in the foregoing clause (iv) shall be limited to the purposes of obtaining customary legal opinions from counsel qualified to opine in the jurisdiction where such Mortgaged Property is located
        regarding solely to the enforceability of the Mortgage for such Mortgaged Property and such other customary matters as may be in form and substance reasonably satisfactory to the Noteholder Representative (acting at the direction of the Required
        Noteholders); and (z) no delivery of new surveys shall be required for any Mortgaged Property where the title company will issue a lender&#8217;s title policy with the standard survey exception omitted from such title policy and affirmative endorsements
        that require a survey;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">8</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Issuer, each other Note Party and each Designated Subsidiary shall enter into a Blocked Account Agreement with respect to each of its Blocked Account in
        accordance with the terms of Section 5.15; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160;&#160; &#160; &#160; to the extent required by the terms hereof or of the Security Documents, each Note Party shall have obtained all consents and approvals required to be obtained by it
        in connection with the execution and delivery of all Security Documents to which it is a party, the performance of its obligations thereunder and the granting by it of the Liens thereunder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Notwithstanding anything to the contrary, subject to the proviso set forth in the following sentence, no Note Party shall be required, nor shall the Noteholder Representative be authorized, (i) to
        perfect pledges, security interests and mortgages of Collateral of Note Parties by any means other than by (A) filings pursuant to the Uniform Commercial Code or foreign equivalent for any Specified Foreign Subsidiary under any Specified Foreign
        Jurisdiction, in the office of the Secretary of State (or similar central filing office) of the relevant jurisdiction where the grantor is located (as determined pursuant to the Uniform Commercial Code or relevant law in the Specified Foreign
        Jurisdiction) and filings in the applicable real estate records with respect to Mortgaged Properties, (B) filings in the United States Patent and Trademark Office, the United States Copyright Office or local or foreign equivalent for any Specified
        Foreign Subsidiary under any Specified Foreign Jurisdiction with respect to IP Rights as expressly required in the Security Documents, and (C) subject to the Intercreditor Agreement, delivery to the Noteholder Representative, to be held in its
        possession, of the Global Intercompany Note and all Collateral consisting of intercompany notes (x) in respect of the DIP Financing or (y) otherwise in a principal amount of $20,000,000 or more, owed by a single obligor, stock certificates of
        Subsidiaries and instruments, in each case as expressly required in the Security Documents or (ii) to enter into any control agreement with respect to any cash and Permitted Investments, other deposit accounts, securities accounts or commodities
        accounts, in each case to the extent in the name of a Note Party and held or located in the United States. For the avoidance of doubt, and notwithstanding anything to the contrary, including the foregoing, (x) no actions (including filings or
        searches) shall be required in order to create or perfect any security interest in any assets of the Note Parties located outside of the United States (including any IP Rights registered or applied-for in, or otherwise located, protected or arising
        under the laws of any jurisdiction outside the United States)&#160; and (y) no foreign law security or pledge agreements or foreign law mortgages or deeds shall be required outside of the United States with respect to any Note Party, in each case, other
        than with respect to a Specified Foreign Subsidiary in a Specified Foreign Jurisdiction following the date that such Specified Foreign Subsidiary organized in such jurisdiction has become a Note Party pursuant to Section 5.11, Section 5.12 or
        Section 5.13.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">9</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Commitment</u>&#8221; shall mean, as to each Noteholder, its obligation to purchase Notes to be issued by the Issuer hereunder, expressed as an amount representing the maximum principal amount of the
        Note to be issued by the Issuer to such Noteholder under this Agreement, as such commitment may be (a) reduced from time to time pursuant to this Agreement and (b) reduced or increased from time to time pursuant to assignments by or to such
        Noteholder pursuant to an Assignment and Assumption.&#160; The initial amount of each Noteholder&#8217;s Note Commitment is specified on <u>Schedule 2.02</u> under the caption &#8220;Commitment&#8221; or, otherwise, in the Assignment and Assumption pursuant to which
        such Noteholder shall have assumed its Commitment. The Commitment of each Noteholder shall automatically be reduced to zero upon the Issuance of Notes to such Noteholder on the Closing Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Communications</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 9.01</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Conforming Changes</u>&#8221; shall mean, with respect to either the use or administration of Adjusted Term SOFR or the use, administration, adoption or implementation of any Benchmark Replacement,
        any technical, administrative or operational changes (including changes to the definition of &#8220;Business Day,&#8221; the definition of &#8220;U.S. Government Securities Business Day,&#8221; the definition of &#8220;Interest Period&#8221; or any similar or analogous definition (or
        the addition of a concept of &#8220;interest period&#8221;), timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback
        periods and other technical, administrative or operational matters) that the Noteholder Representative (acting at the direction of the Required Noteholders) decides may be appropriate to reflect the adoption and implementation of any such rate or
        to permit the use and administration thereof by the Noteholder Representative in a manner substantially consistent with market practice (or, if the Noteholder Representative decides that adoption of any portion of such market practice is not
        administratively feasible or if the Noteholder Representative determines that no market practice for the administration of any such rate exists, in such other manner of administration as the Noteholder Representative decides is reasonably necessary
        in connection with the administration of this Agreement and the other Note Documents).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated Debt</u>&#8221; shall mean, as of any date, the total Indebtedness of the Issuer and its Subsidiaries of the types specified in the following clauses of the definition of
        &#8220;Indebtedness&#8221;:&#160; clause (a), clause (b), clause (d), clause (e) (but only to the extent supporting Indebtedness of the types specified in clauses (a), (b), (d) and (g) of the definition thereof), clause (f) (but only to the extent supporting
        Indebtedness of the types specified in clauses (a), (b), (d) and (g) of the definition thereof), clause (g) and clause (h) (but only to the extent drawn and unreimbursed after one Business Day), in each case as reflected on the Issuer&#8217;s
        consolidated balance sheet in accordance with GAAP at such time; <font style="font-style: italic;">provided</font> that there shall be subtracted from the amount of any such Indebtedness included pursuant to the above provisions of this definition
        for a period of up to forty (40) days after the incurrence thereof, the amount of Net Cash Proceeds of any long-term Indebtedness incurred for the purpose of, and to be used for, redeeming, repurchasing or otherwise refinancing existing capital
        markets Indebtedness which have not yet been applied to such redemption, repurchase or other refinancing, to the extent such Net Cash Proceeds are then retained and held by the Note Parties in the form of cash or Permitted Investments or deposited
        with the trustee or agent in respect of any Indebtedness to be redeemed in according with customary arrangements, or otherwise escrowed (without duplication of any elimination of such original Indebtedness from the Issuer&#8217;s consolidated balance
        sheet in accordance with GAAP as a result of the defeasance or satisfaction and discharge thereof and without duplication of any adjustment made pursuant to Section 1.04) and are subsequently applied to redeem, repurchase or otherwise refinance
        such existing capital markets Indebtedness (and not for any other purpose).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated EBITDA</u>&#8221; shall mean, for any period, Consolidated Net Income for such period <u>plus</u></div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">10</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;without duplication and to the extent deducted in determining such Consolidated Net Income for such period, the sum of:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160; &#160; &#160;&#160; &#160;&#160; total interest expense for such period, and, to the extent not reflected in such total interest expense, the sum of (A)
        premium payments, debt discount, fees, charges and related expenses incurred in connection with borrowed money (including capitalized interest) or in connection with the deferred purchase price of assets plus (B) the portion of rent expense with
        respect to such period under Capital Lease Obligations that is treated as interest expense in accordance with GAAP, plus (C) any losses on hedging obligations or other derivative instruments entered into for the purpose of hedging interest rate
        risk, net of interest income and gains on such hedging obligations or such derivative instruments, plus (D) bank and letter of credit fees and costs of surety bonds in connection with financing activities, plus (E) any commissions, discounts, yield
        and other fees and charges (including any interest expense) related to any Permitted Receivables Facility, plus (F) amortization or write-off of deferred financing fees, debt issuance costs, debt discount or premium, terminated hedging obligations
        and other commissions, financing fees and expenses and, adjusted, to the extent included, to exclude any refunds or similar credits received in connection with the purchasing or procurement of goods or services under any purchasing card or similar
        program,</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160; provision for Taxes based on income, profits, revenue or capital for such period, including state, franchise, excise, gross
        receipts, value added, margins, and similar taxes and foreign withholding taxes (including penalties and interest related to taxes or arising from tax examinations),</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; depreciation and amortization expense for such period,</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iv)</font>&#160;&#160;&#160;&#160;&#160; (A) all extraordinary, unusual or non-recurring costs, charges, accruals, reserves or expenses for such period and (B) all
        costs, charges, accruals, reserves or expenses for such period attributable to the undertaking and/or implementation of cost savings initiatives and operating expense reductions, restructuring and similar charges, severance, relocation costs,
        integration and facilities opening costs and other business optimization expenses, signing costs, retention or completion bonuses, transition costs, costs related to closure/consolidation of facilities and curtailments or modifications to pension
        and post-retirement employee benefit plans (including any settlement of pension liabilities), contract terminations and professional and consulting fees incurred in connection with any of the foregoing; <u>provided</u> that all amounts added to
        Consolidated EBITDA pursuant to this clause (iv) shall not exceed (1) for any four quarter period ending on or prior to June 30, 2024, 10%, (2) for any four quarter period ending after June 30, 2024, and on or prior to June 30, 2025, 30% and (3)
        for any four quarter test period ending after June 30, 2025, 10%, in each case, of Consolidated EBITDA before giving effect to such addbacks pursuant to this clause (iv),</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(v)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; (A) fees, costs and expenses incurred during such period in connection with the Transactions and any proposed or actual
        permitted merger, acquisition, Investment, asset sale or other disposition, debt incurrence or refinancing or other capital markets transaction, without regard to the consummation thereof and (B) all costs, charges, accruals, reserves or expenses
        for such period attributable to the undertaking and/or implementation of the Ecommerce Restructuring; provided, that, all amounts added to Consolidated EBITDA pursuant to this clause (v)(B) shall not exceed $150,000,000 for any four quarter period
        including any fiscal quarter ending on or prior to June 30, 2025,</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">11</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(vi)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; any non-cash charges, losses or expenses for such period except to the extent representing an accrual for future cash
        outlays (but excluding any non-cash charge, loss or expense in respect of an item that was included in Consolidated Net Income in a prior period and any non-cash charge, loss or expense that relates to the write-down or write-off of inventory,
        other than any write-down or write-off of inventory as a result of purchase accounting adjustments in respect of any acquisition permitted by this Agreement),</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(vii)</font>&#160;&#160; &#160;&#160;&#160; any non-cash loss attributable to the mark to market movement in the valuation of any Equity Interests, and hedging
        obligations or other derivative instruments;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(viii)</font>&#160;&#160;&#160;&#160;&#160; (A) any losses relating to amounts paid in cash prior to the stated settlement date of any hedging obligation that has been
        reflected in Consolidated Net Income for such period, (B) any losses during such period attributable to early extinguishment of indebtedness or obligations under any Hedging Agreement and (C) any gain relating to hedging obligations associated with
        transactions realized in the current period that has been reflected in Consolidated Net Income in prior periods and excluded from Consolidated EBITDA pursuant to clauses (b)(iv) below, and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ix)</font>&#160;&#160;&#160; &#160; &#160;&#160; any losses during such period resulting from the sale or disposition of any asset outside the ordinary course of business,
        <font style="font-style: italic;">minus</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; without duplication and to the extent included in determining such Consolidated Net Income, the sum of</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160; interest income for such period,</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; any non-cash gains for such period (other than any such non-cash gains (A) in respect of which cash was received in a prior
        period or will be received in a future period and (B) that represent the reversal of any accrual in a prior period for, or the reversal of any cash reserves established in a prior period for, anticipated cash charges),</div>
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      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; all gains during such period resulting from the sale or disposition of any asset outside the ordinary course of business,</div>
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      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iv)</font>&#160;&#160;&#160;&#160;&#160;&#160; (A) any gains relating to amounts received in cash prior to the stated settlement date of any hedging obligation that has
        been reflected in Consolidated Net Income for such period, (B) any gains during such period attributable to early extinguishment of Indebtedness or obligations under any Hedging Agreement and (C) any loss relating to hedging obligations associated
        with transactions realized in the current period that has been reflected in Consolidated Net Income in prior periods and excluded from Consolidated EBITDA pursuant to clause (a)(viii) above,</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(v)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; any non-cash gain attributable to the mark to market movement in the valuation of any Equity Interests, and hedging
        obligations or other derivative instruments, and</div>
      <div>&#160;<br>
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      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">12</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(vi)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; all extraordinary, unusual or non-recurring gains for such period.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">In the event any Subsidiary shall be a subsidiary that is not wholly owned by the Issuer, all amounts added back in computing Consolidated EBITDA for any period pursuant to clause (a) above, and
        all amounts subtracted in computing Consolidated EBITDA pursuant to clause (b) above, to the extent such amounts are, in the reasonable judgment of a Financial Officer of the Issuer, attributable to such subsidiary, shall be reduced by the portion
        thereof that is attributable to the non-controlling interest in such subsidiary.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Notwithstanding anything to the contrary herein, from and after the First Amendment Effective Date, any amounts which, in the determination of Consolidated Net Income or Consolidated EBITDA for
        such period, have been added or subtracted in computing Consolidated Net Income or Consolidated EBITDA, in each case, attributable to the Released Group, shall be reduced by the portion thereof in the calculation of Consolidated Net Income or
        Consolidated EBITDA, as applicable.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated First Lien Debt</u>&#8221; shall mean, as of any date, all Consolidated Debt that is (i) under this Agreement or (ii) secured by a Lien on the Collateral that is not junior to the Liens
        securing the Obligations.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated Interest Coverage Ratio</u>&#8221; shall mean the ratio of (a) Consolidated EBITDA for the most recently ended period of four consecutive fiscal quarters for which financial statements
        have been delivered under Section 5.01(a) or (b) to (b) Consolidated Interest Expense for such four fiscal quarter period.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated Interest Expense</u>&#8221; shall mean for any period, the interest expense (including imputed interest expense in respect of Capital Lease Obligations) of the Issuer and its
        Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP .</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated Net Income</u>&#8221; shall mean, for any period, the net income or loss of the Issuer and its Subsidiaries for such period determined in accordance with GAAP as set forth on the
        consolidated financial statements of the Issuer and its Subsidiaries for such period; <font style="font-style: italic;">provided</font> that there shall be excluded (i) the income of any Person that is not a Subsidiary, except to the extent of the
        amount of cash dividends or other cash distributions (or, in the case of non-cash distributions, to the extent converted into cash) actually paid by such Person to the Issuer or any Subsidiary during such period, (ii) any extraordinary gain or
        loss, together with any related provision for taxes on such extraordinary gain or loss, (iii) any unrealized or realized gain or loss due solely to fluctuations in currency values and the related tax effects, determined in accordance with GAAP, and
        (iv) the cumulative effect of a change in accounting principles in such period, if any.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated Secured Debt</u>&#8221; shall mean, as of any date, Consolidated Debt <font style="font-style: italic;">minus</font> the portion of Indebtedness of the Issuer and its Subsidiaries
        included in Consolidated Debt that is not secured by any Lien on any Collateral.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated Secured Leverage Ratio</u>&#8221; shall mean, as of any date, the ratio of (a) Consolidated Secured Debt on such date to (b) Consolidated EBITDA for the four consecutive fiscal quarters
        of the Issuer most recently ended for which financial statements have been delivered under Section 5.01(a) or (b).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated Total Assets</u>&#8221; shall mean the total assets of the Issuer and its Subsidiaries determined in accordance with GAAP.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">13</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Consolidated Total Leverage Ratio</u>&#8221; shall mean, as of any date, the ratio of (a) Consolidated Debt on such date to (b) Consolidated EBITDA for the four consecutive fiscal quarters of the
        Issuer most recently ended for which financial statements have been delivered under Section 5.01(a) or (b).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Control</u>&#8221; shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies, or the dismissal or appointment of the management,
        of a Person, whether through the ability to exercise voting power, by contract or otherwise. &#8220;<u>Controlling</u>&#8221; and &#8220;<u>Controlled</u>&#8221; have meanings correlative thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Controlled Account</u>&#8221; means a Deposit Account (as defined in the UCC) that is subject to the Account Control Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Convertible Indebtedness</u>&#8221; means Indebtedness of the Issuer (which may be guaranteed by the Subsidiary Guarantors but no Subsidiaries that are not Subsidiary Guarantors) permitted to be
        incurred under the terms of this Agreement that is convertible into common Equity Interests of the Issuer (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common Equity Interests); <font style="font-style: italic;">provided</font>, that (i) such Convertible Indebtedness shall (a) be unsecured, (b) not be guaranteed or co-issued by any Subsidiary of the Issuer, and (c) issued or incurred pursuant to an offering document and/or
        subscription agreement(s) containing disclosure that such Indebtedness is the Issuer&#8217;s senior unsecured Indebtedness and will rank effectively junior in right of payment to any of the Issuer&#8217;s secured Indebtedness (including this Agreement and the
        Obligations) to the extent of the value of the assets securing such Indebtedness; and structurally junior to all Indebtedness and other liabilities (including trade payables) of the Issuer&#8217;s Subsidiaries, (ii) Convertible Indebtedness shall not
        include any financial maintenance covenants and shall only include covenants, defaults and conversion rights that are customary for public market convertible indebtedness (as reasonably determined by the Issuer in good faith) (pursuant to a public
        offering or an offering under Rule 144A or Regulation S of the Securities Act) as of the date of issuance, (iii) no Default or Event of Default shall have occurred and be continuing at the time of incurrence of such Convertible Indebtedness or
        would result therefrom, (iv) such Convertible Indebtedness shall not have a scheduled maturity date and shall not be subject to any mandatory repurchase or redemption (other than in connection with a customary conversion, change of control,
        &#8220;fundamental change&#8221; provision or acceleration after an event of default) earlier than 91 calendar days after the Maturity Date and any such repurchase or redemption right is subject to the repayment of the Notes, (v) such Convertible Indebtedness
        shall not have an all-in-yield (excluding any arrangement, amendment, syndication, commitment, underwriting, structuring, ticking or other similar fees payable in connection therewith that are not generally shared with all of the holders of such
        Indebtedness) greater than 8.00% per annum (with any original issue discount equated to interest based on the convertible debt maturity date and excluding any additional or special interest that may become payable from time to time) and (vi) the
        Issuer shall have delivered to the Noteholder Representative a certificate of a Responsible Officer of the Issuer certifying as to the foregoing clauses (i) through (v) in form and substance satisfactory to the Noteholder Representative (acting at
        the direction of the Required Noteholders).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Corresponding Credit Agreement Basket</u>&#8221; shall have the meaning assigned to such term in Section 1.10.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Covenant Termination Date</u>&#8221; shall mean the date, if any, on which the Issuer shall have delivered a Fifth Amendment Period Termination Notice (as defined in the First Lien Credit Agreement
        as in effect on the date hereof) pursuant to the terms of the First Lien Credit Agreement as in effect on the date hereof with notice thereof to the Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Declined Proceeds</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 2.11(c)</font>.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">14</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Default</u>&#8221; shall mean any event or condition which upon notice, lapse of time or both would constitute an Event of Default.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Defaulting Noteholder</u>&#8221; shall mean any Noteholder that has become (a) insolvent, or is generally unable to pay its debts as they become due, or admits in writing its inability to pay its
        debts as they become due, or makes a general assignment for the benefit of its creditors, (b) the subject of a proceeding under any bankruptcy or other debtor relief laws or has been taken over by any regulatory authority or agency, other than an
        Undisclosed Administration or (c) the subject of a Bail-In Action.&#160; Any determination by the Noteholder Representative that a Noteholder is a Defaulting Noteholder shall be conclusive and binding absent manifest error, and such Noteholder shall be
        deemed to be a Defaulting Noteholder upon delivery of written notice of such determination to the Issuer and each Noteholder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Designated Non-Cash Consideration</u>&#8221; shall mean the fair market value of non-cash consideration received by the Issuer or a Subsidiary in connection with a disposition pursuant to Section
        6.05(k) that is designated as Designated Non-Cash Consideration pursuant to a certificate of an executive officer, setting forth the basis of such valuation (which amount will be reduced by the fair market value of the portion of the non-cash
        consideration converted to cash within 180 days following the consummation of such disposition).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Designated Subsidiary</u>&#8221; has the meaning assigned to such term in Section 5.11(b).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Disqualified Equity Interest</u>&#8221; means any Equity Interest that (a) matures or is mandatorily redeemable (other than solely for Qualified Equity Interests) or subject to mandatory repurchase
        or redemption or repurchase at the option of the holders thereof, in each case in whole or in part and whether upon the occurrence of any event, pursuant to a sinking fund obligation on a fixed date or otherwise, prior to the date that is 91 days
        after the Maturity Date (determined as of the date of issuance thereof or, in the case of any such Equity Interests outstanding on the date hereof, as of the date hereof), other than (i) upon payment in full of the Obligations and termination of
        the Commitments or (ii) upon a &#8220;change in control&#8221; or asset sale or casualty or condemnation event; <font style="font-style: italic;">provided</font> that any payment required pursuant to this clause (ii) shall be subject to the prior repayment in
        full of the Obligations and termination of the Commitments or (b) is convertible or exchangeable, automatically or at the option of any holder thereof, into (i) any Indebtedness (other than any Indebtedness described in clause (k) of the definition
        thereof) or (ii) any Equity Interests other than Qualified Equity Interests, in each case at any time prior to the date that is 91 days after the Maturity Date (determined as of the date of issuance thereof or, in the case of any such Equity
        Interests outstanding on the date hereof, as of the date hereof); <font style="font-style: italic;">provided</font> that an Equity Interest in any Person that is issued to any bona fide employee or to any bona fide plan for the benefit of
        employees or by any such plan to such employees shall not constitute a Disqualified Equity Interest solely because it may be required to be repurchased by such Person or any of its subsidiaries in order to satisfy applicable statutory or regulatory
        obligations or as a result of such employee&#8217;s termination, death or disability.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>DIP Financing</u>&#8221; means a senior secured superpriority postpetition term loan facility to be advanced and made available by Pitney Bowes International Holdings, Inc., a Delaware corporation as
        lenders to one or more Released Guarantors pursuant to the terms and subject to the conditions of an order of the United States Bankruptcy Court for the Southern District of Texas, or any appellate court having jurisdiction over the GEC Bankruptcy
        Cases, which term loan facility will be on arm&#8217;s length terms and provide for a maturity date no later than March 31, 2025.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Dollars</u>&#8221; or &#8220;<u>$</u>&#8221; shall mean lawful money of the United States of America.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">15</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Domestic Subsidiaries</u>&#8221; shall mean all Subsidiaries incorporated or organized under the laws of the United States of America, any state thereof or the District of Columbia.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Ecommerce Restructuring</u>&#8221; shall mean the following:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; the conversion of (i) DRF Logistics, LLC (f/k/a Pitney Bowes Global E-commerce Inc.) (with any of its successors, &#8220;<u>PBGEC</u>&#8221;) to a limited liability company
        formed under the laws of the State of Delaware and (ii) and DRF, LLC (f/k/a Pitney Bowes Global Logistics LLC (with any of its successors, &#8220;<u>PBGL</u>&#8221; and, together with PBGEC, the &#8220;<u>Released Guarantors</u>&#8221;) to a limited liability company
        formed under the laws of the State of Texas;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160; &#160; &#160;&#160; the sale, transfer or other disposition (including by subscription of equity interests by a third party in such entities) of at least 51% of the voting interests in
        PBGEC to an affiliate of Hilco Commercial Industrial, LLC; <font style="font-style: italic;">provided </font>that the assets of the Released Group as of the date of such sale, transfer or disposition shall consist solely of (x) those assets held
        by the Released Group as of July 1, 2024, (y) those assets set forth on Schedule 1(b) of the Shared Services Agreement and (z) <font style="font-style: italic;">de minimis</font> assets transferred to the Released Group following July 1, 2024 and
        prior to the date of disposition of such equity interests;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the DIP Financing; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160; &#160; &#160; each Released Guarantor shall become a debtor in a U.S. Bankruptcy Case.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>EEA Financial Institution</u>&#8221; shall mean (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority,
        (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution
        described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>EEA Member Country</u>&#8221; shall mean any of the member states of the European Union, Iceland, Liechtenstein, and Norway.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>EEA Resolution Authority</u>&#8221; shall mean any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee)
        having responsibility for the resolution of any EEA Financial Institution.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Electronic Signature</u>&#8221; shall mean an electronic sound, symbol, or process attached to, or associated with, a contract or other record and adopted by a person with the intent to sign,
        authenticate or accept such contract or record.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Eligible Transferee</u>&#8221; shall mean and include an Institutional Accredited Investor, a Qualified Institutional Buyer or any other &#8220;accredited investor&#8221; (as defined in Regulation D of the U.S.
        Securities Act of 1933, as amended), but in any event excluding the Issuer and its Affiliates.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Environmental Law</u>&#8221; means any treaty, law (including common law), rule, regulation, code, ordinance, order, decree, judgment, injunction, notice or binding agreement issued, promulgated or
        entered into by or with any Governmental Authority, relating in any way to (a) the protection of the environment, (b) the preservation or reclamation of natural resources, (c) the generation, management, Release or threatened Release of any
        Hazardous Material or (d) health and safety matters, to the extent relating to the exposure to Hazardous Materials.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">16</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Environmental Liability</u>&#8221; means any liability, obligation, loss, claim, action, order or cost, contingent or otherwise (including any liability for damages, costs of medical monitoring,
        costs of environmental remediation or restoration, administrative oversight costs, consultants&#8217; fees, fines, penalties and indemnities), directly or indirectly resulting from or based upon (a) any actual or alleged violation of any Environmental
        Law or permit, license or approval required thereunder, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the Release or threatened Release of
        any Hazardous Materials or (e) any legally binding contract or agreement or other legally binding consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Equity Interests</u>&#8221; means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other equity ownership
        interests (whether voting or non-voting) in, or interests in the income or profits of, a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any of the foregoing, but excluding any Convertible
        Indebtedness and any other debt security that is convertible into or exchangeable for Equity Interests of such Person.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>ERISA</u>&#8221; means the Employee Retirement Income Security Act of 1974, as amended, and the rules and regulations promulgated thereunder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>ERISA Affiliate</u>&#8221; means any trade or business (whether or not incorporated) that, together with the Issuer, is treated as a single employer under Section 414(b) or 414(c) of the Code or,
        solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>ERISA Event</u>&#8221; means (a) any &#8220;reportable event&#8221;, as defined in Section 4043(c) of ERISA or the regulations issued thereunder with respect to a Plan (other than an event for which the 30&#8209;day
        notice period is waived), (b) any failure by any Plan to satisfy the minimum funding standard (within the meaning of Section 412 of the Code or Section 302 of ERISA) applicable to such Plan, whether or not waived, (c) the filing pursuant to Section
        412(c) of the Code or Section 302(c) of ERISA of an application for a waiver of the minimum funding standard with respect to any Plan, (d) a determination that any Plan is, or is expected to be, in &#8220;at risk&#8221; status (as defined in Section 303(i)(4)
        of ERISA or Section 430(i)(4)(A) of the Code), (e) the incurrence by the Issuer or any of its ERISA Affiliates of any liability under Title IV of ERISA with respect to the termination of any Plan under Section 4041 or 4041A of ERISA, respectively,
        (f) the receipt by the Issuer or any of its ERISA Affiliates from the PBGC or a plan administrator of any notice relating to an intention to terminate any Plan under Section 4041 or 4041A of ERISA, respectively, or to appoint a trustee to
        administer any Plan, (g) the incurrence by the Issuer or any of its ERISA Affiliates of any liability with respect to the withdrawal or partial withdrawal from any Plan or Multiemployer Plan, (h) the receipt by the Issuer or any ERISA Affiliate of
        any notice, or the receipt by any Multiemployer Plan from the Issuer or any of its ERISA Affiliates of any notice, concerning the imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent
        within the meaning of Title IV of ERISA, or in endangered or critical status, within the meaning of Section 305 of ERISA or (i) any Foreign Benefit Event.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Erroneous Payment</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 8.02</font>(a).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">17</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>EU Bail-In Legislation Schedule</u>&#8221; shall mean the EU Bail-In Legislation Schedule<u>&#160;</u>published by the Loan Market Association (or any successor person), as in effect from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Event of Default</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 7.01</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Exchange Act</u>&#8221; means the United States Securities Exchange Act of 1934, as amended from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Excluded Deposit Account</u>&#8221; means (a) any deposit account the funds in which are used solely for the payment of salaries and wages, workers&#8217; compensation and similar expenses in the ordinary
        course of business, (b) any deposit account that is a zero-balance disbursement account and sweeps no less frequently than weekly to an account that is not an Excluded Deposit Account (and/or to an Excluded Deposit Account described in clause
        (c)(iii) or (c)(iv) of this definition), (c) any deposit account the funds in which consist solely of (i) funds held by the Issuer or any Subsidiary in trust for any director, officer or employee of the Issuer or any Subsidiary or any employee
        benefit plan maintained by the Issuer or any Subsidiary, (ii) funds representing deferred compensation for the directors and employees of the Issuer or any Subsidiary, (iii) funds held as part of bona fide escrow arrangements or owned by Persons
        other than the Note Parties or (iv) funds constituting collateral pledged to Persons other than the Secured Parties (in their capacity as such) as permitted under this Agreement, (d) any accounts located outside of the United States and (e) any
        deposit account that does not have an average cash balance for any consecutive 30-day period exceeding $5,000,000, provided that not more than a maximum aggregate amount of $10,000,000 of cash shall be maintained at deposit accounts not subject to
        a Blocked Account Agreement at any time.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">18</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Excluded Property</u>&#8221; means the following assets and property of any Note Party: (i) all leasehold interests and any fee-owned real property other than Material Real Property (including
        requirements to deliver landlord waivers, estoppels and collateral access letters); (ii) aircraft, rolling stock, motor vehicles and other assets subject to certificates of title, letter of credit rights (except to the extent perfection can be
        obtained by filing of Uniform Commercial Code financing statements or equivalent) and commercial tort claims for which a complaint or a counterclaim has not yet been filed in a court of competent jurisdiction and commercial tort claims reasonably
        expected to result in a judgment not in excess of $5,000,000; (iii) &#8220;margin stock&#8221; (within the meaning of Regulation U), and pledges and security interests prohibited by applicable law, rule or regulation; (iv) Equity Interests in (x) any Excluded
        Subsidiary of the type described in clauses (a), (b) (to the extent (1) requiring the consent of one or more third parties (other than the Issuer or any of its Subsidiaries or any director, officer or employee thereof), (2) triggering a right of
        first refusal or co-sale rights or similar rights of third parties or (3) prohibited by the terms of any applicable organizational documents, joint venture agreement or shareholder&#8217;s agreement, in each case pursuant to such agreement or other
        contractual arrangements in effect on the date of this Agreement or at the time of such acquisition or formation of such Subsidiary (and not entered into in connection with such acquisition or formation) and unless such consent has been received),
        (d), (e) or (h) of the definition thereof or (y) any Person other than wholly owned Subsidiaries to the extent (1) requiring the consent of one or more third parties (other than the Issuer or any of its Subsidiaries or any director, officer or
        employee thereof), (2) triggering a right of first refusal or co-sale rights or similar rights of third parties or (3) the pledge thereof is not permitted by the terms of such Person&#8217;s organizational documents, joint venture documents or similar
        contractual obligations, in each case pursuant to such agreement or other contractual arrangements in effect on the date of this Agreement or at the time of such acquisition or formation of such Subsidiary (and not entered into in connection with
        such acquisition or formation) and unless such consent has been received); (v) assets (for the avoidance of doubt, including any voting Equity Interests of any entity) to the extent a security interest in such assets would result in material
        adverse tax consequences to the Issuer or any of its Subsidiaries (as reasonably determined in good faith by the Issuer in consultation with the Noteholder Representative (acting at the direction of the Required Noteholders)); (vi) rights, title or
        interest in any lease, license, sublicense or other agreement or in any equipment or property subject to a purchase money security interest, capitalized lease obligation or similar arrangement to the extent that a grant of a security interest
        therein would violate or invalidate such lease, license, sublicense or agreement or purchase money arrangement, capitalized lease obligation or similar arrangement or require the consent of any Person or create a right of termination in favor of
        any other party thereto (other than a Note Party or any of its subsidiaries) after giving effect to the applicable anti-assignment provisions of the Uniform Commercial Code or equivalent law, other than proceeds and receivables thereof, the
        assignment of which is expressly deemed effective under the Uniform Commercial Code or equivalent law notwithstanding such prohibition; (vii) assets that are (x) prohibited by applicable law, rule or regulation or require governmental (including
        regulatory) consent, approval, license or authorization to pledge such assets or (y) contractually prohibited on the Closing Date or the date of acquisition of such asset (or on the date an Excluded Subsidiary becomes a Note Party by guaranteeing
        the Obligations) from pledging such assets, so long as such prohibition is not created in contemplation of such transaction, and unless such consent, approval, license or authorization has been received, in each case, after giving effect to the
        applicable anti-assignment provisions of the Uniform Commercial Code and other applicable requirements of law (including, for the avoidance of doubt, any postal meters); (viii) any intent-to-use trademark application filed in the United States
        Patent and Trademark Office pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. Section 1051, prior to the accepted filing of a &#8220;Statement of Use&#8221; and issuance of a &#8220;Certificate of Registration&#8221; pursuant to Section 1(d) of the Lanham Act or an
        accepted filing of an &#8220;Amendment to Allege Use&#8221; whereby such intent-to-use trademark application is converted to a &#8220;use in commerce&#8221; application pursuant to Section 1(c) of the Lanham Act and any other intellectual property in any jurisdiction
        where such pledge or security interest would cause the invalidation or abandonment of such intellectual property under applicable law; (ix) Permitted Receivables Facility Assets sold, conveyed or otherwise transferred or pledged in connection with
        any Permitted Receivables Facility; (x) Excluded Deposit Accounts (including funds held therein); (xi) Excluded Securities Accounts (including funds or other assets held therein); (xii) any governmental licenses or state or local franchises,
        charters and authorizations, to the extent security interests in favor of the Noteholder Representative in such licenses, franchises, charters or authorizations are prohibited or restricted thereby or under applicable law, after giving effect to
        the applicable anti-assignment provisions of the Uniform Commercial Code and other applicable requirements of law; <font style="font-style: italic;">provided</font> that in the event of the termination or elimination of any such prohibition or
        restriction contained in any applicable license, franchise, charter or authorization or applicable Law, a security interest in such licenses, franchises, charters or authorizations shall be automatically and simultaneously granted under the
        applicable Security Documents and such license, franchise, charter or authorization shall be included as Collateral; (xiii) other than with respect to a Specified Foreign Subsidiary added as a Note Party pursuant to Section 5.13, assets of Note
        Parties located in any jurisdiction outside of the United States (but excluding (1) subject to clause (xiv) and (xv) hereof, Equity Interests of any Foreign Subsidiary or any other Person organized in a jurisdiction outside of the United States and
        (2) assets owned by a Note Party organized under the laws of the United States in which a security interest can be perfected by the filing of a Uniform Commercial Code financing statement or by delivery of certificates evidencing Equity Interests);
        (xiv) voting Equity Interests in excess of 65% of the issued and outstanding voting Equity Interests of any Foreign Subsidiary identified in Schedule 1.01(a); (xv) any Indenture Restricted Property, (xvi) any assets or property of a Specified
        Foreign Subsidiary that may be agreed to be excluded from the Collateral pursuant to the security documentation entered into pursuant to Section 5.13 with respect to such Specified Foreign Subsidiary and (xvii) those assets as to which the
        Noteholder Representative (acting at the direction of the Required Noteholders) and the Issuer mutually agree that the cost or other consequences of obtaining such a security interest or perfection thereof are excessive in relation to the benefit
        to the Noteholders of the security to be afforded thereby.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">19</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Excluded Securities Account</u>&#8221; means (a) any securities account the funds in which are used solely for the payment of salaries and wages, workers&#8217; compensation and similar expenses in the
        ordinary course of business, (b) any securities account the funds or assets in which consist solely of (i) funds or assets held by the Issuer or any Subsidiary in trust for any director, officer or employee of the Issuer or any Subsidiary or any
        employee benefit plan maintained by the Issuer or any Subsidiary, (ii) funds or assets representing deferred compensation for the directors and employees of the Issuer or any Subsidiary, (iii) funds or assets held as part of bona fide escrow
        arrangements or owned by Persons other than the Note Parties or (iv) funds or assets constituting collateral pledged to Persons other than the Secured Parties (in their capacity as such) as permitted under this Agreement, (c) any securities account
        located outside of the United States and (d) any securities account that does not have an average cash balance for any consecutive 30-day period exceeding $5,000,000, provided that not more than a maximum aggregate amount of $10,000,000 of cash
        shall be maintained at securities accounts not subject to a Blocked Account Agreement at any time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Excluded Subsidiary</u>&#8221; means (a) each Subsidiary designated by the Issuer for the purpose of this clause (a) from time to time, for so long as any such Subsidiary does not constitute a
        Material Subsidiary as of the most recently ended four fiscal quarters of the Issuer; <font style="font-style: italic;">provided</font> that if such Subsidiary would constitute a Material Subsidiary as of the end of such four fiscal quarter
        period, the Issuer shall cause such Subsidiary to become a Note Party pursuant to Section 5.12, (b) each Subsidiary that is not a wholly-owned Subsidiary or otherwise constitutes a joint venture (for so long as such Subsidiary remains a non-wholly
        owned Subsidiary or joint venture), (c) each Subsidiary that is prohibited by any applicable law, regulation or contract to provide the Guarantee required by the Collateral and Guarantee Requirement (so long as any such contractual restriction is
        not incurred in contemplation of such Person becoming a Subsidiary), unless such prohibition is removed or any necessary consent, approval, waiver or authorization has been received, or would require governmental (including regulatory) consent,
        approval, license or authorization to provide such Guarantee, unless such consent, approval, license or authorization has been received, in each case for so long as such restriction or any replacement or renewal thereof is in effect (including, for
        the avoidance of doubt, The Pitney Bowes Bank, Inc., and its subsidiaries; <font style="font-style: italic;">provided</font> that no Subsidiary that as of the Closing Date is a not a Subsidiary of The Pitney Bowes Bank, Inc. may become a
        Subsidiary of The Pitney Bowes Bank, Inc. after the Closing Date), (d) from and after the First Amendment Effective Date, any Released Guarantor; provided that, if a Specified GEC Bankruptcy Event with respect to a Released Guarantor shall not have
        occurred prior to the Specified GEC Bankruptcy Event Outside Date, such Released Guarantor shall cease to be an Excluded Subsidiary from and after the Specified GEC Bankruptcy Event Outside Date and the Issuer shall cause such Subsidiary to become
        a Note Party pursuant to Section 5.11 to the extent it then constitutes a Subsidiary, (e) any special purpose entity or broker-dealer entity, (f) any Subsidiary listed on Schedule 1.01(b), (g) any Subsidiary to the extent that the guarantee of the
        Obligations by such entity would result in material adverse tax consequences to the Issuer or any of its Subsidiaries (as reasonably determined in good faith by the Issuer in consultation with the Noteholder Representative (acting at the direction
        of the Required Noteholders)), (h) any Captive Insurance Subsidiary, (i) any non-profit Subsidiary for bona fide charitable purposes, (j) any Subsidiary of the Issuer that is, or would become as a result of providing the Guarantee required by the
        Collateral and Guarantee Requirement, an &#8220;investment company&#8221; as defined in, or subject to regulation under, the Investment Company Act, (k) any Foreign Subsidiary other than a Specified Foreign Subsidiary or (l) any other Subsidiary with respect
        to which, in the reasonable judgment of the Noteholder Representative (acting at the direction of the Required Noteholders) and the Issuer, the cost, burden, difficulty or other consequence of guaranteeing the Obligations shall be excessive in view
        of the benefits to be obtained by the Secured Parties therefrom; <font style="font-style: italic;">provided</font> that a Subsidiary that has become a Designated Subsidiary shall not constitute an Excluded Subsidiary; <font style="font-style: italic;">provided further</font>, if any Subsidiary ceases to be an Excluded Subsidiary under the First Lien Credit Agreement or otherwise is required to guarantee any obligations under the First Lien Credit Agreement, it shall automatically
        cease to be an Excluded Subsidiary under this Agreement.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">20</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Excluded Taxes</u>&#8221; shall mean any of the following Taxes imposed on or with respect to the Noteholder Representative, any Noteholder or any other recipient or required to be withheld or
        deducted from any payment to be made by or on account of any obligation of the Issuer or any other Note Party hereunder, (a) Taxes imposed on (or measured by) such recipient&#8217;s net or overall gross income (however denominated), franchise Taxes, and
        branch profits or similar Taxes, in each case, imposed (i) by any jurisdiction as a result of such recipient being organized in or having its principal office located or, in the case of any Noteholder, its applicable lending office located in such
        jurisdiction (or any political subdivision thereof) or (ii) as a result of a present or former connection between such recipient and the jurisdiction imposing such Tax (other than connections arising from such recipient having executed, delivered,
        become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Note Document), (b) any Tax that is attributable to such
        recipient&#8217;s failure to comply with <font style="color: rgb(0, 0, 0);">Section 2.18(f)</font>, (c) any U.S. federal withholding Tax imposed on amounts payable to or for the account of such Noteholder pursuant to a Law in effect on the date such
        Noteholder becomes a party to this Agreement (other than pursuant to a request by the Issuer under <font style="color: rgb(0, 0, 0);">Section 2.19(a)</font>) or designates a new lending office, except to the extent that such Noteholder (or its
        assignor, if any) was entitled, at the time of designation of a new lending office (or assignment), to receive additional amounts from the Issuer or any other Note Party with respect to such withholding Tax pursuant to <font style="color: rgb(0, 0, 0);">Section 2.18(a)</font>, and (d) any U.S. federal withholding Taxes imposed under FATCA.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Existing Senior Notes</u>&#8221; shall mean the Senior Notes due 2024 (until the completion of the redemption thereof in full as part of the Refinancing as required hereby), the Senior Notes due
        2027, the $350,000,000 aggregate principal amount of 7.25% senior notes due 2029, the $35,841,000 aggregate principal amount of 5.25% senior unsecured notes due 2037 and the $425,000,000 aggregate principal amount of 6.7% senior unsecured notes due
        2043, each issued by the Issuer prior to the Closing Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Existing Senior Notes Documents</u>&#8221; shall mean the Existing Senior Notes Indenture, all other instruments, agreements and other documents evidencing or governing the Existing Senior Notes or
        providing for any Guarantee or other right in respect thereof, and all schedules, exhibits and annexes to each of the foregoing, as may be amended pursuant to the terms hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Existing Senior Notes Indenture</u>&#8221; shall mean the Senior Indenture, dated as of February 14, 2005, between the Issuer and The Bank of New York Mellon (formerly known as The Bank of New York),
        as successor trustee to Citibank, N.A..</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Fair Market Value</u>&#8221; or &#8220;<u>fair market value</u>&#8221; means, with respect to any asset or group of assets on any date of determination, the value of the consideration obtainable in a sale of
        such asset at such date of determination assuming a sale by a willing seller to a willing purchaser dealing at arm&#8217;s length and arranged in an orderly manner over a reasonable period of time taking into account the nature and characteristics of
        such asset, as reasonably determined by the Issuer in good faith.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>FATCA</u>&#8221; shall mean Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively comparable and not materially more
        onerous to comply with), any current or future regulations or official interpretations thereof, any agreements entered into pursuant to current Section 1471(b)(1) of the Code (or any amended or successor version described above) and any
        intergovernmental agreements or treaties implementing any of the foregoing (together with any law implementing such agreements or treaties).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">21</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Federal Funds Effective Rate</u>&#8221; shall mean, for any day, the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System, as published on
        the next succeeding Business Day by the Federal Reserve Bank of New York; <font style="font-style: italic;">provided </font>that (a) if such day is not a Business Day, the Federal Funds Effective Rate for such day shall be such rate on such
        transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Effective Rate for such day shall be the average
        rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to three major banks selected by the Noteholder Representative on such day on such transactions as reasonably determined by the Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Fees</u>&#8221; shall mean the Noteholder Representative Fees and the Noteholder Fee.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Financial Officer</u>&#8221; means, with respect to any Person, the chief financial officer, principal accounting officer, treasurer or controller of such Person, or any other officer of such Person
        performing the duties that are customarily performed by a chief financial officer, principal accounting officer, treasurer or controller and with respect to limited liability companies that do not have officers, the manager, sole member, managing
        member or general partner thereof, the chief financial officer, principal accounting officer, treasurer, assistant treasurer or controller of such Person, or any other officer of such Person performing the duties that are customarily performed by a
        chief financial officer, principal accounting officer, treasurer or controller.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>First Amendment</u>&#8221; means that certain First Amendment to Note Purchase Agreement, dated as of August 8, 2024, by and among the Issuer, the Noteholder Representative, the Subsidiary
        Guarantors, the Released Guarantors and the Noteholders party thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>First Amendment Effective Date</u>&#8221; has the meaning given to such term in the First Amendment.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>First Lien Credit Agreement</u>&#8221; shall mean the Credit Agreement, dated as of November 1, 2019, among, <font style="font-style: italic;">inter alios</font>, the Issuer, JPMorgan Chase Bank,
        N.A., as administrative agent, and the lenders and issuing banks party thereto, as amended through the Sixth Amendment thereto, dated as of the Closing Date, and as further amended, restated, amended and restated, supplemented, renewed or otherwise
        modified, and any credit agreement, indenture, note purchase agreement or other agreement or instrument evidencing or governing Indebtedness that replaces or refinances Indebtedness under such credit agreement (including successive replacements or
        refinancings), in whole or in part, from time to time, in each case as permitted by the terms of the Intercreditor Agreement and this Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>First Lien Credit Agreement Closing Date</u>&#8221; shall mean the &#8220;Closing Date&#8221; as defined in the First Lien Credit Agreement as in effect on the date hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>First Lien Leverage Ratio</u>&#8221; shall mean, as of any date, the ratio of (a) Consolidated First Lien Debt on such date to (b) Consolidated EBITDA for the four consecutive fiscal quarters of the
        Issuer most recently ended for which financial statements have been delivered under Section 5.01(a) or (b).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>First Lien Loan Documents</u>&#8221; shall mean the &#8220;Loan Documents&#8221; as such term is defined in the First Lien Credit Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>First Lien Obligations</u>&#8221; shall mean the &#8220;Senior Credit Facilities Obligations&#8221; as such term is defined in the Intercreditor Agreement.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">22</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>First Lien Term Agent</u>&#8221; shall mean the administrative agent under the First Lien Credit Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>First Lien Term Loans</u>&#8221; shall mean &#8220;Term Loans&#8221; as such term is defined in the First Lien Credit Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Fixed Amounts</u>&#8221; shall have the meaning assigned to such term in Section 1.06(b).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Flood Insurance Laws</u>&#8221; shall mean, collectively, (i) the National Flood Insurance Reform Act of 1994 (which comprehensively revised the National Flood Insurance Act of 1968 and the Flood
        Disaster Protection Act of 1973) as now or hereafter in effect or any successor statute thereto, (ii) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto and (iii) the Biggert-Waters Flood Insurance
        Reform Act of 2012 as now or hereafter in effect or any successor statute thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Floor</u>&#8221; shall mean a rate of interest equal to 4.00% per annum.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Foreign Benefit Event</u>&#8221; means, with respect to any Foreign Pension Plan, (a) the failure to make or, if applicable, accrue in accordance with normal accounting practices, any employer or
        employee contributions under applicable Law or by the terms of such Foreign Pension Plan; (b) the failure to register or loss of good standing with applicable regulatory authorities of any such Foreign Pension Plan required to be registered; (c)
        the failure of any Foreign Pension Plan to comply with any material Laws or with the material terms of such Foreign Pension Plan; or (d) the receipt of a notice by a Governmental Authority relating to the intention to terminate any such Foreign
        Pension Plan or to appoint a trustee or similar official to administer any such Foreign Pension Plan, or alleging the insolvency of any such Foreign Pension Plan, in each case, which would reasonably be expected to result in the Issuer or any
        Subsidiary becoming subject to a material funding or contribution obligation with respect to such Foreign Pension Plan.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Foreign Noteholder</u>&#8221; shall mean any Noteholder that is not a United States person within the meaning of Section 7701(a)(30) of the Code.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Foreign Pension Plan</u>&#8221; means any plan, trust, insurance contract, fund (including any superannuation fund) or other similar program established or maintained by the Issuer or any one or more
        of its Subsidiaries primarily for the benefit of employees or other service providers of the Issuer or such Subsidiaries, as applicable, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in
        contemplation of retirement or payments to be made upon termination of employment, and which plan is not subject to ERISA or the Code.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Foreign Prepayment Event</u>&#8221; has the meaning assigned to such term in Section 2.11(g).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Foreign Subsidiary</u>&#8221; shall mean any Subsidiary that is not a Domestic Subsidiary.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>GAAP</u>&#8221; shall mean United States generally accepted accounting principles.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>GEC Bankruptcy Case</u>&#8221; means a case under the Bankruptcy Code with respect to one or more Released Guarantors as debtors.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">23</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#160;&#8220;<u>Global Intercompany Note</u>&#8221; shall mean the amended and restated global intercompany note dated as of the Closing Date pursuant to which intercompany obligations and advances owed by any Note
        Party are subordinated to the Obligations.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Governmental Authority</u>&#8221; shall mean the government of the United States of America, any other nation or any political subdivision thereof, whether State or local, and any agency, authority,
        instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supranational bodies
        exercising such powers or functions, such as the European Union or the European Central Bank).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Guarantee</u>&#8221; of or by any Person (the &#8220;<u>guarantor</u>&#8221;) shall mean any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any
        Indebtedness or other monetary obligation payable by another Person (the &#8220;<u>primary obligor</u>&#8221;) in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (a) to purchase or pay (or advance
        or supply funds for the purchase or payment of) such Indebtedness or other obligation or to purchase (or to advance or supply funds for the purchase of) any security for the payment thereof, (b) to purchase or lease property, securities or services
        for the purpose of assuring the owner of such Indebtedness or other obligation of the payment thereof, (c) to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable
        the primary obligor to pay such Indebtedness or other obligation or (d) as an account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness or other obligation; <font style="font-style: italic;">provided</font>
        that the term &#8220;Guarantee&#8221; shall not include endorsements for collection or deposit in the ordinary course of business. The amount, as of any date of determination, of any Guarantee shall be the principal amount outstanding on such date of the
        Indebtedness or other obligation guaranteed thereby (or, in the case of (i) any Guarantee the terms of which limit the monetary exposure of the guarantor or (ii) any Guarantee of an obligation that does not have a principal amount, the maximum
        monetary exposure as of such date of the guarantor under such Guarantee (as determined, in the case of clause (i), pursuant to such terms or, in the case of clause (ii), reasonably and in good faith by a Financial Officer of the Issuer)). The term
        &#8220;Guarantee&#8221; used as a verb has a corresponding meaning.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Guarantee Agreement</u>&#8221; shall mean the Guarantee Agreement dated as of the Closing Date, by and among the Noteholder Representative and the Note Parties from time to time party thereto,
        attached hereto as <u>Exhibit E</u>, as may be amended, restated, amended and restated, supplemented or modified from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Hazardous Materials</u>&#8221; shall mean all explosive, radioactive, hazardous or toxic substances, materials, wastes or other pollutants, including petroleum or petroleum by-products or
        distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, chlorofluorocarbons and other ozone-depleting substances, per- and polyfluoroalkyl substances and mold, or any or materials or substances which are
        defined or regulated as &#8220;toxic,&#8221; or &#8220;hazardous,&#8221; or words of similar import, pursuant to any Environmental Law.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Hedging Agreement</u>&#8221; shall mean any agreement with respect to any swap, forward, future or derivative transaction, or any option or similar agreement, involving, or settled by reference to,
        one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of the
        foregoing transactions; <font style="font-style: italic;">provided</font> that &#8220;Hedging Agreement&#8221; shall not include (i) phantom stock or similar plan providing for payments only on account of services provided by current or former directors,
        officers, employees or consultants of the Issuer or its Subsidiaries, (ii) Convertible Indebtedness or any Permitted Bond Hedge Transaction or Permitted Warrant Transaction, (iii) any accelerated share repurchase contract, share call option or
        similar contract with respect to the Issuer&#8217;s Equity Interests entered into to consummate a repurchase of such Equity Interests, (iv) any forward sale contract with respect to the Issuer&#8217;s Equity Interests or (v) put and call options and forward
        arrangements entered into in connection with joint ventures and other business investments, acquisitions and dispositions permitted under this Agreement.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">24</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Incurrence-Based Amounts</u>&#8221; shall have the meaning assigned to such term in Section 1.06(b).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Indebtedness</u>&#8221; of any Person shall mean, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes
        or similar instruments, (c) all obligations of such Person under conditional sale or other title retention agreements relating to property acquired by such Person, (d) all obligations of such Person in respect of the deferred purchase price of
        property or services (excluding (x) trade accounts payable and other accrued or cash management obligations, in each case incurred in the ordinary course of business, (y) any earn-out obligation unless such obligation is not paid promptly after
        becoming due and payable and (z) Taxes and other accrued expenses), (e) all Indebtedness of others secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property owned
        or acquired by such Person, whether or not the Indebtedness secured thereby has been assumed by such Person, (f) all Guarantees by such Person of Indebtedness of others, (g) all Capital Lease Obligations of such Person, (h) all obligations,
        contingent or otherwise, of such Person as an account party in respect of letters of credit and letters of guaranty, (i) all obligations, contingent or otherwise, of such Person in respect of bankers&#8217; acceptances, (j) net obligations of such Person
        under any Hedging Agreement and (k) all Disqualified Equity Interests in such Person, valued, as of the date of determination, at the greater of (i) the maximum aggregate amount that would be payable upon maturity, redemption, repayment or
        repurchase thereof (or of Disqualified Equity Interests or Indebtedness into which such Disqualified Equity Interests are convertible or exchangeable) and (ii) the maximum liquidation preference of such Disqualified Equity Interests; <font style="font-style: italic;">provided</font> that the term &#8220;Indebtedness&#8221; shall not include (A) deferred or prepaid revenue, (B) purchase price holdbacks in respect of a portion of the purchase price of an asset to satisfy warranty, indemnity or
        other unperformed obligations of the seller, (C) any obligations attributable to the exercise of appraisal rights and the settlement of any claims or actions (whether actual, contingent or potential) with respect thereto, (D) obligations in respect
        of any residual value guarantees on equipment leases, (E) any take-or-pay or similar obligation to the extent such obligation is not shown as a liability on the balance sheet of such Person in accordance with GAAP and (F) asset retirement
        obligations and obligations in respect of reclamation and workers&#8217; compensation (including pensions and retiree medical care). In addition, for the avoidance of doubt, obligations in respect of customer deposits shall not constitute Indebtedness.
        The amount of Indebtedness of any Person for purposes of clause (e) above shall (unless such Indebtedness has been assumed by such Person or such Person has otherwise become liable for the payment thereof) be deemed to be equal to the lesser of (i)
        the aggregate unpaid amount of such Indebtedness and (ii) the fair market value of the property encumbered thereby as determined by such Person in good faith.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Indemnified Taxes</u>&#8221; shall mean (a) all Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or an account of any obligation of any Note Party under any Note
        Document and (b) to the extent not otherwise described in (a), Other Taxes.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Indemnitee</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 9.05(b)</font>.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">25</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Indenture Restricted Property</u>&#8221; shall mean any Principal Domestic Manufacturing Plant and any shares of stock or &#8220;Indebtedness&#8221; of any &#8220;Restricted Subsidiary&#8221; (as each such quoted term is
        defined in the Existing Senior Notes Documents as in effect on the Closing Date); <font style="font-style: italic;">provided</font> that such assets shall only constitute Indenture Restricted Property so long as any Indebtedness remains
        outstanding under the Existing Senior Notes Indenture.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Information</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 9.16</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Institutional Accredited Investor</u>&#8221; shall mean an &#8220;accredited investor&#8221; that is an institution within the meaning of clause (1), (2), (3) or (7) of clause (a) of Rule 501 of Regulation D of
        the Securities Act.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Intercreditor Agreement</u>&#8221; shall mean the Equal Priority Intercreditor Agreement entered into as of the Closing Date by and between the Noteholder Representative and the First Lien Term
        Agent, substantially in the form attached hereto as <u>Exhibit F</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Interest Payment Date</u>&#8221; shall mean the last Business Day of each of March, June, September and December.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Interest Period</u>&#8221; shall mean (i) initially the period from the Closing Date to September 30, 2023 and (ii) thereafter, each quarterly period thereafter ending on the applicable Interest
        Payment Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Investment Company Act</u>&#8221; means the United States Investment Company Act of 1940, as amended from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Investments</u>&#8221; means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means of (a) the purchase or other acquisition of Equity Interests or debt
        or other securities of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of Indebtedness of, or purchase or other acquisition of any other debt or equity participation or interest in, another Person, including
        any partnership or joint venture interest in such other Person or (c) the purchase or other acquisition (in one transaction or a series of transactions) of all or substantially all of the property and assets or business of another Person or assets
        constituting a business unit, line of business or division of such Person. The amount, as of any date of determination, of (a) any Investment in the form of a loan or an advance shall be the principal amount thereof outstanding on such date, minus
        any principal repayment of such Investment and any cash payments actually received by such investor representing interest in respect of such Investment (to the extent any such payment to be deducted does not exceed the remaining principal amount of
        such Investment), but without any adjustment for write-downs or write-offs (including as a result of forgiveness of any portion thereof) with respect to such loan or advance after the date thereof, (b) any Investment in the form of a Guarantee
        shall be equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect
        thereof, as reasonably determined in good faith by a Financial Officer of the Issuer, (c) any Investment in the form of a transfer of Equity Interests or other non-cash property by the investor to the investee, including any such transfer in the
        form of a capital contribution, shall be the fair market value (as reasonably determined in good faith by a Financial Officer) of such Equity Interests or other property as of the time of the transfer, minus any payments actually received by such
        investor representing a return of capital of, or dividends or other distributions in respect of, such Investment (to the extent such payments do not exceed, in the aggregate, the original amount of such Investment), but without any other adjustment
        for increases or decreases in value of, or write-ups, write-downs or write-offs with respect to, such Investment after the date of such Investment, and (d) any Investment (other than any Investment referred to in clause (a), (b) or (c) above) by
        the specified Person in the form of a purchase or other acquisition for value of any Equity Interests, evidences of Indebtedness or other securities of any other Person shall be the original cost of such Investment (including any Indebtedness
        assumed in connection therewith), plus (i) the cost of all additions thereto and minus (ii) the amount of any portion of such Investment that has been repaid to the investor in cash as a repayment of principal or a return of capital, and of any
        cash payments actually received by such investor representing interest, dividends or other distributions in respect of such Investment (to the extent the amounts referred to in clause (ii) do not, in the aggregate, exceed the original cost of such
        Investment plus the costs of additions thereto), but without any other adjustment for increases or decreases in value of, or write-ups, write-downs or write-offs with respect to, such Investment after the date of such Investment. If an Investment
        involves the acquisition of more than one Person, the amount of such Investment shall be allocated among the acquired Persons in accordance with GAAP; <font style="font-style: italic;">provided</font> that pending the final determination of the
        amounts to be so allocated in accordance with GAAP, such allocation shall be as reasonably determined by a Financial Officer.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">26</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>IP Rights</u>&#8221; shall have the meaning specified in Section 3.05(b).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>IRS</u>&#8221; shall mean the Internal Revenue Service or any successor thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Issuance</u>&#8221; shall meant the issuance of the Notes on the Closing Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Issuer</u>&#8221; shall have the meaning set forth in the introductory paragraph.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Law</u>&#8221; shall mean any law (including common law), constitution, statute, treaty, regulation, rule, ordinance, ruling, order, injunction, writ, decree, judgment, authorization or approval of
        any Governmental Authority.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>LCT Election</u>&#8221; shall mean the Issuer&#8217;s election to test the permissibility of a Limited Condition Transaction in accordance with the methodology set forth in Section 1.06.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>LCT Test Date</u>&#8221; has the meaning specified in Section 1.06(a).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Lien</u>&#8221; shall mean, with respect to any asset, (a) any mortgage, lien, pledge, hypothecation, charge, security interest or other encumbrance in, on or of such asset or (b) the interest of a
        vendor or a lessor under any conditional sale agreement or title retention agreement (or any capital lease or financing lease having substantially the same economic effect as any of the foregoing) relating to such asset; <font style="font-style: italic;">provided</font> that in no event shall an operating lease be deemed to constitute a Lien.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Limited Condition Transaction</u>&#8221; shall mean (a) any acquisition of any assets, business or person, or a merger or consolidation, in each case involving third parties, or similar Investment
        permitted hereunder (subject to Section 1.06) by the Issuer or one or more of its Subsidiaries, including by way of merger or amalgamation, whose consummation is not conditioned on the availability of, or on obtaining, third party financing (or, if
        such condition does exist, the Issuer or any Subsidiary, as applicable, would be required to pay any fee, liquidated damages or other amount or be subject to any indemnity, claim or other liability as a result of such third party financing not
        having been available or obtained) or (b) any redemption, repurchase, defeasance, satisfaction and discharge or repayment of Indebtedness requiring irrevocable notice in advance of such redemption, repurchase, defeasance, satisfaction and discharge
        or repayment.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Mandatory Redemption</u>&#8221; has the meaning assigned to such term in Section 2.09(a).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Mandatory Redemption Amount</u>&#8221; has the meaning assigned to such term in Section 2.09(a).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">27</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Mandatory Redemption Date</u>&#8221; has the meaning assigned to such term in Section 2.09(a).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Margin Stock</u>&#8221; shall have the meaning assigned to such term in Regulation U.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Material Account</u>&#8221; means any deposit account or securities account of a Note Party other than any Excluded Deposit Account or Excluded Securities Account.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#160;&#8220;<u>Material Adverse Effect</u>&#8221; shall mean a material adverse effect on (a) the business, assets, financial condition or results of operations of the Issuer and its Subsidiaries, taken as a
        whole, or (b) the ability of the Issuer and the other Note Parties (taken as a whole) to perform their obligations under the applicable Note Documents, or (c) the rights or remedies of the Noteholder Representative, the Noteholders, or any other
        Secured Party under the Note Documents, including the legality, validity, binding effect or enforceability of any of the Note Documents.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Material Indebtedness</u>&#8221; shall mean (a) any Indebtedness under the First Lien Credit Agreement, and (b) Indebtedness (other than the Notes) of any one or more of the Issuer and its
        Subsidiaries in an aggregate outstanding principal amount exceeding $75,000,000. For purposes of determining Material Indebtedness, the &#8220;principal amount&#8221; of the obligations of the Issuer or any Subsidiary in respect of any Hedging Agreement at any
        time shall be the aggregate amount (giving effect to any netting agreements) that the Issuer or such Subsidiary would be required to pay if such Hedging Agreement were terminated at such time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Material Intellectual Property</u>&#8221; shall mean any IP Rights that are material to the business or operations of the Issuer and its Subsidiaries, when taken as a whole.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Material Real Property</u>&#8221; means any fee-owned real property (a) with a Fair Market Value of more than $10,000,000 that is owned by a Note Party as of the Closing Date, with any such real
        property being specified in <u>Schedule 3.20</u> or (b) with a Fair Market Value of more than $10,000,000 that is acquired after the date hereof by any Note Party or owned by a Subsidiary that becomes a Note Party pursuant to Section 5.11, in each
        case other than any Principal Domestic Manufacturing Plant (so long as any Indebtedness remains outstanding under the Existing Senior Note Indentures).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Material Subsidiary</u>&#8221; shall mean each Subsidiary (a) the Consolidated Total Assets of which equal 5.0% or more of the Consolidated Total Assets of the Issuer and its Subsidiaries or (b) the
        consolidated revenues of which equal 5.0% or more of the consolidated revenues of the Issuer and its Subsidiaries, in each case as of the end of or for the most recent period of four consecutive fiscal quarters of the Issuer for which financial
        statements have been delivered pursuant to Section 5.01(a) or (b) (or, prior to the first delivery of any such financial statements, as of the end of or for the period of four consecutive fiscal quarters of the Issuer most recently ended prior to
        the date of this Agreement); <font style="font-style: italic;">provided</font> that if, at the end of or for any such most recent period of four consecutive fiscal quarters, the combined Consolidated Total Assets or combined consolidated revenues
        of all Subsidiaries that pursuant to the criteria set forth in clauses (a) and (b) above (not including any Designated Subsidiary or Subsidiary that constitutes an Excluded Subsidiary pursuant to another clause of the definition of &#8220;Excluded
        Subsidiary&#8221;) shall have exceeded 7.5% of the Consolidated Total Assets of the Issuer and its Subsidiaries or 7.5% of the consolidated revenues of the Issuer and its Subsidiaries, respectively, then one or more of such excluded Subsidiaries shall
        for all purposes of this Agreement be designated by the Issuer to be Material Subsidiaries, until such excess shall have been eliminated.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Maturity Date</u>&#8221; shall mean March 19, 2028; <font style="font-style: italic;">provided</font> that, if such date is not a Business Day, the Maturity Date shall be the preceding Business Day.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">28</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Maximum Rate</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 9.09</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Moody&#8217;s</u>&#8221; shall mean Moody&#8217;s Investors Service, Inc., and any successor thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Mortgage</u>&#8221; shall mean a mortgage, deed of trust or other security document granting a Lien on any Mortgaged Property owned by Note Party to secure the Obligations. Each Mortgage shall be
        reasonably satisfactory in form and substance to the Noteholder Representative (acting at the direction of the Required Noteholders).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Mortgaged Property</u>&#8221; shall mean, initially, each parcel of Material Real Property existing on the Closing Date, if any, and identified on <u>Schedule 1.02</u> and thereafter, each parcel of
        Material Real Property with respect to which a Mortgage is required to be granted pursuant to Section 5.12 or Section 5.13, as applicable.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Multiemployer Plan</u>&#8221; shall mean a &#8220;multiemployer plan&#8221;, as defined in Section 4001(a)(3) of ERISA, and in respect of which the Issuer or any of its ERISA Affiliates makes or is obligated to
        make contributions or with respect to which any of them has any ongoing obligation or liability, contingent or otherwise.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Net Cash Proceeds</u>&#8221; shall mean (a) the cash proceeds received in respect of such event, including (i) any cash received in respect of any non-cash proceeds (including any cash payments
        received by way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment or earnout, but excluding any interest payments), but only as and when received, (ii) in the case of a casualty, insurance
        proceeds and (iii) in the case of a condemnation or similar event, condemnation awards and similar payments, <font style="font-style: italic;">minus</font> (b) the sum, without duplication, of (i) all fees and out-of-pocket expenses paid in
        connection with such event by the Issuer and its Subsidiaries (including attorney&#8217;s fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes,
        underwriting discounts and commissions, other customary expenses and brokerage, consultant, accountant and other customary fees), (ii) in the case of a sale, transfer, lease or other disposition of an asset (including pursuant to a sale and
        leaseback transaction or a casualty or a condemnation or similar proceeding), (x) the amount of all payments that are permitted hereunder and are made by the Issuer and/or its Subsidiaries as a result of such event to repay Indebtedness (other than
        the Notes or other Indebtedness secured by Collateral on a <font style="font-style: italic;">pari passu</font> or junior lien basis) secured by such asset or Indebtedness of a Subsidiary that is not a Note Party that is otherwise subject to
        mandatory prepayment as a result of such event, (y) the pro rata portion of net cash proceeds thereof attributable to minority interests and not available for distribution to or for the account of the Issuer and its Subsidiaries as a result thereof
        and (z) the amount of any liabilities directly associated with such asset and retained by the Issuer or any Subsidiary and including pension and other post-employment benefit liabilities and liabilities related to environmental matters, and (iii)
        the amount of all taxes paid (or reasonably estimated to be payable), and the amount of any reserves established in accordance with GAAP to fund purchase price adjustment, indemnification and other liabilities (other than any earnout obligations,
        but including pension and other post-employment benefit liabilities and liabilities related to environmental matters) reasonably estimated to be payable, as a result of the occurrence of such event (as determined reasonably and in good faith by a
        Financial Officer). For purposes of this definition, in the event any contingent liability reserve established with respect to any event as described in clause (b)(iii) above shall be reduced, the amount of such reduction shall, except to the
        extent such reduction is made as a result of a payment having been made in respect of the contingent liabilities with respect to which such reserve has been established, be deemed to be received on the date of such reduction.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>No MNPI Notice</u>&#8221; shall have the meaning assigned to such term in Section 5.01.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">29</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Non-Guarantor Debt Basket</u>&#8221; shall mean a shared basket in an amount not to exceed the greater of $100,000,000 and 30.0% of Consolidated EBITDA (based on the most recently completed four
        fiscal quarter period for which financial statements have been delivered pursuant to Section 5.01(a) or (b)) at any time outstanding that may be used for the incurrence of certain Indebtedness by Subsidiaries that are not Note Parties under
        Sections 6.01(a)(viii) and 6.01(a)(xx).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Non-Guarantor Investment Basket</u>&#8221; shall mean a shared basket in an amount not to exceed $100,000,000 at any time outstanding that may be used for (A) certain Investments permitted under
        Section 6.04(b), (e), (f), (g) and (r) and (B) certain Guarantees permitted under Section 6.04(g) (without duplication of amounts previously included or utilized under clause (A) above);&#160;<font style="font-style: italic;">provided</font> that the
        Non-Guarantor Investment Basket shall be deemed increased on a dollar for dollar basis by the amount of any cash distributions, returns of capital and repayments made in cash by Subsidiaries that are not Note Parties to Note Parties in respect of
        Investments existing on the First Lien Credit Agreement Closing Date of the Note Parties in Subsidiaries that are not Note Parties, in an aggregate amount not to exceed the aggregate cash and Permitted Investments as of the First Lien Credit
        Agreement Closing Date of the Subsidiaries that are not Note Parties; <font style="font-style: italic;">provided</font> that extensions of credit made under the revolving line of credit provided by Pitney Bowes Global Financial Services LLC, a
        Subsidiary, to The Pitney Bowes Bank, Inc. in an aggregate amount of $100,000,000 as in effect on the Closing Date (including any amendments, extensions, renewals or replacements thereof that do not increase the aggregate maximum amount thereof)
        shall be deemed not to utilize capacity under the Non-Guarantor Investment Basket.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Note</u>&#8221; shall mean an extension of credit made under Article II by a Noteholder to the Issuer in the form of a promissory note of the Issuer payable to any Noteholder or its registered
        assigns, in substantially the form of <u>Exhibit C</u> hereto, evidencing the aggregate Indebtedness of the Issuer to such Noteholder resulting from the Notes made by such Noteholder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Note Commitment</u>&#8221; shall mean, with respect to each Noteholder, its commitment set forth on <u>Schedule 2.02</u> (or in the Assignment and Acceptance pursuant to which it assumed its
        Commitment), to purchase Notes issued by the Issuer, as the same may be (a) reduced or increased from time to time pursuant to assignments by or to such Noteholder pursuant to <font style="color: rgb(0, 0, 0);">Section 9.04</font> or (b)
        terminated pursuant to <font style="color: rgb(0, 0, 0);">Section 2.07</font>.&#160; The aggregate amount of Note Commitments as of the Closing Date is $275,000,000.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Note Documents</u>&#8221; shall mean this Agreement, the First Amendment, the Security Documents, the Intercreditor Agreement, the Noteholder Representative Fee Letter, the Noteholder Fee Letter, the
        Account Control Agreement, any other document designated as a Note Document from time to time, and each promissory note executed and delivered pursuant to Section 2.02(e), each as amended, restated, amended and restated supplemented or otherwise
        modified from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Note Parties</u>&#8221; shall mean the Issuer and the Subsidiary Guarantors.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Noteholder Fee</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 2.03(a)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Noteholder Fee Letter</u>&#8221; shall mean that certain Fee Letter, dated as of the Closing Date, by and among the Noteholder Representative, the Noteholders and the Issuer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Noteholder Representative</u>&#8221; shall have the meaning set forth in the preamble, or any successor Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Noteholder Representative Fee Letter</u>&#8221; shall mean that certain Fee Letter, dated as of the Closing Date, by and between the Noteholder Representative and the Issuer.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">30</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Noteholder Representative Fees</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 2.03(a)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#160;&#8220;<u>Noteholders</u>&#8221; shall mean (a) the persons listed on <u>Schedule 2.02</u> (other than any such person that has ceased to be a party hereto pursuant to an Assignment and Acceptance) and (b)
        any person that has become a party hereto pursuant to an Assignment and Acceptance.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Notice of Issuance</u>&#8221; shall have the meaning assigned to such term in Section 2.01(a).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>NPA Basket</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 1.10</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Oaktree Noteholders</u>&#8221; means any Noteholder that is an Affiliate, fund or managed account, or advised by, Oaktree Capital Management, L.P. or an affiliate thereof, in each case as determined
        at the time such Person becomes a Noteholder under this Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Obligations</u>&#8221; shall mean (a) the due and punctual payment by the Issuer of (i) the principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency,
        receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Notes, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other
        monetary obligations of the Issuer under this Agreement and each of the other Note Documents, including obligations to pay fees, expense reimbursement obligations (including with respect to attorneys&#8217; fees) and indemnification obligations, whether
        primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such
        proceeding) and (b) the due and punctual payment of all the obligations of each other Note Party under or pursuant to each of the Note Documents (including monetary obligations incurred during the pendency of any bankruptcy, insolvency,
        receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Other Applicable Indebtedness</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 2.11(f)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Other Material Business Assets</u>&#8221; shall have the meaning assigned to such term in Section 6.15.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Other Taxes</u>&#8221; shall mean any and all present or future stamp, court, documentary, intangible, recording, filing or similar Taxes or any other excise or property Taxes, charges or similar
        levies arising from any payment made under any Note Document or from the execution, delivery, performance, enforcement or registration of, or otherwise with respect to, any Note Document, but excluding for the avoidance of doubt, any Excluded Taxes
        (other than Excluded Taxes described in clause (a)(ii) of the definition thereof imposed with respect to an assignment made pursuant to Section 2.19(a)).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Participant Register</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 9.04(g)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>PATRIOT Act</u>&#8221; shall mean The Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Title III of Pub. L. No. 107-56
        (signed into law October 26, 2001)), as amended from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>PBGC</u>&#8221; shall mean the Pension Benefit Guaranty Corporation referred to and defined in ERISA.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">31</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Perfection Certificate</u>&#8221; shall mean the Perfection Certificate, delivered pursuant to Section 4.01(o) to the Noteholder Representative, as amended, restated, supplemented or otherwise
        modified from time to time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Permitted Bond Hedge Transaction</u>&#8221; means any call or capped call option (or substantively equivalent derivative transaction) on the Issuer&#8217;s common Equity Interests (A) purchased by the
        Issuer in connection with the issuance of any Convertible Indebtedness; (B) settled in common Equity Interests of the Issuer (or such other securities or property), cash or a combination thereof (such amount of cash determined by reference to the
        price of the Issuer&#8217;s common Equity Interests or such other securities or property), and cash in lieu of fractional shares of common Equity Interests of the Issuer and (C) on terms and conditions customary for bond hedge transactions (as reasonably
        determined by the Issuer in good faith) in respect of transactions related to public market convertible indebtedness (pursuant to a public offering or an offering under Rule 144A or Regulation S of the Securities Act); <font style="font-style: italic;">provided</font> that the purchase price for such Permitted Bond Hedge Transaction, less the proceeds received by the Issuer from the sale of any related Permitted Warrant Transaction, does not exceed the net proceeds received by the
        Issuer from the sale of such Convertible Indebtedness issued in connection with the Permitted Bond Hedge Transaction. For the avoidance of doubt, a Permitted Bond Hedge Transaction shall be treated as an Investment for all purposes under this
        Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Permitted Encumbrances</u>&#8221; shall mean, with respect to any Person:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Liens imposed by law for Taxes, assessments or governmental charges that (i) are not yet overdue for a period of more than thirty (30) days or not subject to penalties
        for nonpayment, (ii) are being contested in good faith by appropriate proceedings if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP or (iii) for property taxes on property such
        Person or one of its subsidiaries has determined to abandon if the sole recourse for such tax, assessment, charge, levy or claim is to such property;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160; &#160; &#160; Liens with respect to outstanding motor vehicle fines and carriers&#8217;, warehousemen&#8217;s, mechanics&#8217;, materialmen&#8217;s, repairmen&#8217;s, landlords&#8217;, construction contractors&#8217; and
        other like Liens imposed by law or landlord liens specifically created by contract, arising in the ordinary course of business and securing obligations that are not overdue by more than forty-five (45) days or are being contested in good faith by
        appropriate proceedings if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP or other Liens arising out of or securing judgments or awards against such Person with respect to which
        such Person shall be proceeding with an appeal or other proceedings for review if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160; &#160;&#160;&#160;&#160; pledges and deposits made (i) in the ordinary course of business in compliance with workers&#8217; compensation, unemployment insurance, health, disability or employee
        benefits and other social security laws or similar legislation or regulations and (ii) in respect of letters of credit, bank guarantees or similar instruments issued for the account of the Issuer or any Subsidiary in the ordinary course of business
        supporting obligations of the type set forth in clause (i) above;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">32</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; pledges and deposits made (i)(x) to secure the performance of bids, tenders, trade contracts (other than for payment of Indebtedness), governmental contracts, leases
        (other than Capital Lease Obligations), public or statutory obligations, surety, stay, customs and appeal bonds, performance bonds and other obligations of a like nature (including those to secure health, safety and environmental obligations), in
        each case in the ordinary course of business and (ii) in respect of letters of credit, bank guarantees or similar instruments issued for the account of the Issuer or any Subsidiary in the ordinary course of business supporting obligations of the
        type set forth in clause (i) above;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;judgment and attachment liens in respect of judgments that do not constitute an Event of Default under Section 7.01 and notices of <font style="font-style: italic;">lis
          pendens</font> and associated rights related to litigation being contested in good faith by appropriate proceedings and for which adequate reserves have been made;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; easements, survey exceptions, charges, ground leases, protrusions, encroachments on use of real property or reservations of, or rights of others for, licenses,
        servitudes, sewers, electric lines, drains, telegraph and telephone and cable television lines, gas and oil pipelines and other similar purposes, any zoning, building or similar law or right reserved to or vested in any governmental office or
        agency to control or regulate the use of any real property, servicing agreements, site plan agreements, developments agreements, contract zoning agreements, subdivision agreements, facilities sharing agreements, cost sharing agreements and other
        agreements pertaining to the use or development of any of the real property of the Issuer and its Subsidiaries, restrictions, rights-of-way and similar encumbrances (including minor defects or irregularities in title) on real property imposed by
        law or arising in the ordinary course of business that do not secure any monetary obligations and do not individually or in the aggregate materially interfere with the ordinary conduct of business of the Issuer and its Subsidiaries, taken as a
        whole, including leases, subleases, licenses, sublicenses, occupancy agreements or assignments of or in respect of real or personal property;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; [reserved];</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(h)&#160;&#160;&#160;&#160;&#160; &#160;&#160; banker&#8217;s liens, rights of setoff or similar rights and remedies and other customary and ordinary course Liens, in each case, as to deposit accounts or other funds
        maintained with depository institutions and securities accounts and other financial assets maintained with a securities intermediary; <font style="font-style: italic;">provided</font> that such deposit accounts or funds and securities accounts or
        other financial assets are not established or deposited for the purpose of providing collateral for any Indebtedness;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(i)&#160;&#160;&#160;&#160;&#160; &#160; &#160; Liens arising by virtue of Uniform Commercial Code financing statement filings (or similar filings under applicable law) regarding operating leases, accounts or
        consignments entered into by the Issuer and its Subsidiaries or purported Liens evidenced by filings of precautionary Uniform Commercial Code (or similar filings under applicable law) financing statements or similar public filings;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(j)&#160;&#160;&#160;&#160;&#160; &#160;&#160; Liens of a collecting bank arising in the ordinary course of business under Section 4-208 (or the applicable corresponding section) of the Uniform Commercial Code in
        effect in the relevant jurisdiction covering only the items being collected upon;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(k)&#160;&#160;&#160;&#160;&#160;&#160;&#160; (i) Liens representing any interest or title of a licensor, lessor or sublicensor or sublessor, or a licensee, lessee or sublicensee or sublessee, in the property or
        rights (other than IP Rights) subject to any lease, sublease, license or sublicense or concession agreement held by the Issuer or any Subsidiary in the ordinary course of business and (ii) deposits of cash with the owner or lessor of premises
        leased and operated by the Issuer or any of its Subsidiaries in the ordinary course of business of the Issuer and such Subsidiary to secure the performance of the Issuer&#8217;s or such Subsidiary&#8217;s obligations under the terms of the lease for such
        premises;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">33</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(l)&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(m)&#160;&#160;&#160;&#160; &#160;&#160; Liens that are contractual rights of set-off;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(n)&#160;&#160;&#160;&#160;&#160;&#160; &#160; Liens (i) of a collection bank arising under Section 4-208 of the New York Uniform Commercial Code or Section 4-210 of the Uniform Commercial Code applicable in other
        States on items in the course of collection, (ii) attaching to pooling accounts, commodity trading accounts or other commodity brokerage accounts incurred in the ordinary course of business, or (iii) in favor of a banking or other financial
        institutions or entities, or electronic payment service providers, arising as a matter of law or under general terms and conditions encumbering deposits, deposit accounts, securities accounts, cash management arrangements (including the right of
        set-off and netting arrangements) or other funds maintained with such institution or in connection with the issuance of letters of credit, bank guarantees or other similar instruments and which are within the general parameters customary in the
        banking or finance industry;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(o)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Liens encumbering customary initial deposits and margin deposits and similar Liens attaching to brokerage accounts incurred in the ordinary course of business and not
        for speculative purposes;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(p)&#160;&#160;&#160;&#160; &#160;&#160;&#160; Liens in respect of the leasing of equipment to customers in the ordinary course of the Issuer and its Subsidiaries&#8217; financing business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(q)&#160;&#160;&#160;&#160;&#160; &#160;&#160; Liens on specific items of inventory or other goods and proceeds of any Person securing such Person&#8217;s accounts payable or similar obligations in respect of bankers&#8217;
        acceptances or letters of credit entered into in the ordinary course of business issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or other goods;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(r)&#160;&#160;&#160; &#160; &#160; deposits made or other security provided in the ordinary course of business to secure liability to insurance brokers, carriers, underwriters or under self-insurance
        arrangements in respect of such obligations;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(s)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;[reserved];</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(t)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Liens arising out of conditional sale, title retention, consignment or similar arrangements for the sale of goods entered into in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(u)&#160;&#160;&#160; &#160;&#160;&#160; Liens on Permitted Receivables Facility Assets incurred and transferred in connection with a Permitted Receivables Facility, including Liens on such assets resulting
        from precautionary Uniform Commercial Code (or equivalent statutes) filings or from recharacterization of any such sale as a financing or loan;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;non-exclusive licenses or sublicenses of IP Rights granted in the ordinary course of business that do not materially interfere with the business of the Issuer or any
        Subsidiary;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">34</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(w)&#160;&#160;&#160;&#160; &#160; Liens on insurance policies and the proceeds thereof securing the financing of the premiums with respect thereto or on funds received from insurance companies on
        account of third party claims handlers and managers;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(x)&#160;&#160;&#160;&#160; &#160; &#160; agreements to subordinate any interest of the Issuer or any Subsidiary in any accounts receivable or other proceeds arising from consignment of inventory by the
        Issuer or any Subsidiary pursuant to an agreement entered into in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(y)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;with respect to any entities that are not Note Parties, other Liens and privileges arising mandatorily by Law;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(z)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Liens arising pursuant to Section 107(l) of the Comprehensive Environmental Response, Compensation and Liability Act or similar lien provision of any other
        Environmental Law;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(aa)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Liens on cash or Permitted Investments securing Hedging Agreements in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(bb)&#160;&#160; &#160; &#160; rights of recapture of unused real property (other than any Material Real Property of Note Parties) in favor of the seller of such property set forth in customary
        purchase agreements and related arrangements with any Governmental Authority;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(cc)&#160;&#160;&#160;&#160;&#160;&#160; Liens on the property of (x) any Note Party in favor of any other Note Party and (y) any Subsidiary that is not a Note Party in favor of the Issuer or any Subsidiary;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(dd)&#160;&#160;&#160;&#160;&#160; Liens or security given to public utilities or to any municipality or Governmental Authority when required by the utility, municipality or Governmental Authority in
        connection with the supply of services or utilities to the Issuer and any other Subsidiaries; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(ee)&#160;&#160;&#160;&#160;&#160;&#160;&#160; receipt of progress payments and advances from customers in the ordinary course of business to the extent the same creates a Lien on the related inventory and
        proceeds thereof;</div>
      <div>&#160;</div>
      <div><u>provided</u> that the term &#8220;Permitted Encumbrances&#8221; shall not include any Lien securing Indebtedness in respect of borrowed money, other than Liens referred to in clauses (s), (u) and (cc) above.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Permitted Investments</u>&#8221; shall mean:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160; &#160; direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by, the United States of America (or by any agency thereof
        to the extent such obligations are backed by the full faith and credit of the United States of America), maturing within one year from the date of acquisition thereof;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; investments in commercial paper and variable and fixed rate notes maturing within 12 months from the date of acquisition thereof and having, at such date of
        acquisition, a rating of at least A-2 by S&amp;P or P-2 by Moody&#8217;s;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; investments in certificates of deposit, banker&#8217;s acceptances and demand or time deposits, in each case maturing within 12 months from the date of acquisition thereof,
        issued or guaranteed by or placed with, and money market deposit accounts issued or offered by, any domestic office of any commercial bank organized under the laws of the United States of America or any State thereof that has a combined capital and
        surplus and undivided profits of not less than $500,000,000;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">35</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; fully collateralized repurchase agreements with a term of not more than 30 days for securities described in clause (a) above and entered into with a financial
        institution satisfying the criteria described in clause (c) above;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;money market funds&#8221; that (i) comply with the criteria set forth in Rule 2a&#8209;7 of the Investment Company Act, (ii) are rated AAA- by S&amp;P and Aaa3 by Moody&#8217;s and
        (iii) have portfolio assets of at least $5,000,000,000;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;asset-backed securities rated AAA by Moody&#8217;s or S&amp;P, with weighted average lives of 12 months or less (measured to the next maturity date);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160; &#160; &#160;&#160; readily marketable direct obligations issued by any state, commonwealth or territory of the United States or any political subdivision or taxing authority thereof
        having a rating equal to or higher than Baa3 (or the equivalent) by Moody&#8217;s or BBB- (or the equivalent) by S&amp;P, and in each such case with a &#8220;stable&#8221; or better outlook, with maturities of 24 months or less from the date of acquisition;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(h)&#160;&#160;&#160;&#160;&#160;&#160; &#160; Investments with average maturities of 24 months or less from the date of acquisition in money market funds rated &#8220;AAA&#8221; (or the equivalent thereof) or better by
        S&amp;P or &#8220;Aaa3&#8221; (or the equivalent thereof) or better by Moody&#8217;s (or reasonably equivalent ratings of another internationally recognized rating agency);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;investment funds investing at least 95% of their assets in securities of the types described in clauses (a) through (h) above;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;in the case of any Foreign Subsidiary, other short-term investments that are analogous to the foregoing, are of comparable credit quality and are customarily used by
        companies in the jurisdiction of such Foreign Subsidiary for cash management purposes; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(k)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Dollars, Euros, Canadian dollars, Sterling or any other readily tradable currency held by it from time to time in the ordinary course of business of the Issuer or
        any of its Subsidiaries.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Permitted Receivables Facility</u>&#8221; shall mean one or more receivables facilities created under Permitted Receivables Facility Documents providing for the factoring or other &#8220;true sale&#8221; by one
        or more of the Issuer or a Subsidiary (each a &#8220;<u>Receivables Seller</u>&#8221;) of Permitted Receivables Facility Assets to The Pitney Bowes Bank, Inc. or one of its wholly-owned subsidiaries, as more fully set forth in the Permitted Receivables
        Facility Documents; <font style="font-style: italic;">provided</font> that in each case, such facilities are not recourse to the Issuer or any Subsidiary in any way other than pursuant to Standard Securitization Undertakings and do not provide for
        the incurrence of any Indebtedness.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Permitted Receivables Facility Assets</u>&#8221; shall mean Receivables (newly originated at the time of transfer) of the Issuer and its Subsidiaries which are transferred pursuant to a Permitted
        Receivables Facility and any related Permitted Receivables Related Assets which are also transferred (or which are pledged) pursuant to such Permitted Receivables Facility and all proceeds thereof.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">36</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Permitted Receivables Facility Documents</u>&#8221; shall mean each of the documents and agreements entered into in connection with a Permitted Receivables Facility, including all documents and
        agreements relating to the issuance, funding and/or purchase of certificates and purchased interests, all of which documents and agreements shall be in form and substance reasonably customary for transactions of this type as reasonably determined
        in good faith by the Issuer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Permitted Receivables Related Assets</u>&#8221; shall mean any other assets that are customarily transferred or, as applicable, in respect of which security interests are customarily granted in
        connection with facilities providing for the factoring or other &#8220;true sale&#8221; of Receivables, as reasonably determined in good faith by the Issuer and including for the avoidance of doubt related equipment, inventory, software, leases, loans,
        licenses and other contractual rights, as applicable, and any accounts into which collections on such Receivables are received (and not containing any other material amounts), and any collections or proceeds of any of the foregoing.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Permitted Warrant Transaction</u>&#8221; means any call option, warrant or right to purchase (or substantively equivalent derivative transaction) on the Issuer&#8217;s common Equity Interests sold by the
        Issuer and with recourse to the Issuer only, substantially concurrently with any purchase by the Issuer of a related Permitted Bond Hedge Transaction and settled in common Equity Interests of the Issuer, cash or a combination thereof (such amount
        of cash determined by reference to the price of the Issuer&#8217;s common Equity Interests or such other securities or property), and cash in lieu of fractional shares of common Equity Interests of the Issuer, with a strike price higher than the strike
        price of the Permitted Bond Hedge Transaction.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Person</u>&#8221; shall mean any natural person, corporation, business trust, joint venture, association, company, limited liability company, partnership, Governmental Authority or other entity.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Plan</u>&#8221; shall mean any &#8220;employee pension benefit plan&#8221;, as defined in Section 3(2) of ERISA (other than a Multiemployer Plan), that is subject to the provisions of Title IV of ERISA or
        Section 412 of the Code or Section 302 of ERISA, and in respect of which the Issuer or any of its ERISA Affiliates is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an &#8220;employer&#8221; as defined in Section 3(5) of
        ERISA.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Prepayment Event</u>&#8221; means:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; any sale, transfer, lease or other disposition (including pursuant to a sale and leaseback transaction and by way of merger or consolidation) (for purposes of this
        defined term, collectively, &#8220;<u>dispositions</u>&#8221;) of any asset of the Issuer or its Subsidiaries, other than (i) dispositions described in clauses (a) through (i) and (l), (m) and (o) of Section 6.05 or (ii) other dispositions resulting in
        aggregate Net Cash Proceeds not exceeding (A) $20,000,000 in the case of any single disposition or series of related dispositions and (B) $40,000,000 for all such dispositions during any fiscal year of the Issuer; or</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160; &#160; &#160;&#160;&#160; any casualty or other insured damage to, or any taking under power of eminent domain or by condemnation or similar proceeding of, any asset of the Issuer or any of
        its Subsidiaries with a fair market value immediately prior to such event equal to or greater than $20,000,000.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">37</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Principal Domestic Manufacturing Plant</u>&#8221; shall mean any &#8220;Principal Domestic Manufacturing Plant&#8221; as such term is defined in the Existing Senior Notes Documents as in effect on the Closing
        Date; <font style="font-style: italic;">provided</font> that, without limitation of the foregoing, the Issuer shall have the right to determine in good faith that any plant, warehouse or other facility of the Issuer or any Subsidiary, including
        land and fixtures, constitutes a &#8220;Principal Domestic Manufacturing Plant&#8221; as such term is defined in the Existing Senior Notes Documents as in effect on the Closing Date and to designate such property as such by notice to the Noteholder
        Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Pro Forma Basis</u>&#8221; shall mean, with respect to the calculations hereunder or otherwise for purposes of determining the Consolidated Total Leverage Ratio, Consolidated Interest Expense, the
        Consolidated Secured Leverage Ratio, the First Lien Leverage Ratio, the Consolidated Interest Coverage Ratio or Consolidated EBITDA as of any date, that such calculation shall give pro forma effect to (i) if such calculation is being made for the
        purposes described in clause (y) below, the transaction or event with respect to which the calculation of any such amount or ratio is to be made pursuant to this Agreement, as applicable (and, to the extent applicable, the use of proceeds thereof
        and the incurrence or repayment of any Indebtedness in connection therewith) and (ii) all other acquisitions or issuances, incurrences or assumptions or repayments and prepayments of Indebtedness in connection therewith (with any such Indebtedness
        being deemed to be amortized over the applicable testing period in accordance with its terms) (in each case, other than Indebtedness incurred or repaid under any revolving credit facility in the ordinary course of business) and all sales, transfers
        or other dispositions of any Equity Interests in a Subsidiary or all or substantially all assets of a Subsidiary or division or line of business of a Subsidiary outside the ordinary course of business (and any related prepayments or repayments of
        Indebtedness) (x) [reserved] or (y) if such calculation is being made for the purpose of determining whether any transaction or event subject to the limitations in Article VI or any other relevant limitations in this Agreement is permitted, that
        have occurred since the beginning of the four consecutive fiscal quarter period of the Issuer with respect to which such calculation is being made, in each case as if such transactions or events occurred on the first day of such four consecutive
        fiscal quarter period. If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the date of determination had been the applicable
        rate for the entire period (taking into account any Hedging Agreement applicable to such Indebtedness).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Qualified Equity Interests</u>&#8221; shall mean Equity Interests of the Issuer, other than Disqualified Equity Interests.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Qualified Institutional Buyer</u>&#8221; shall mean any person that is a &#8220;qualified institutional buyer&#8221; as such term is defined in Rule 144A.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Receivables</u>&#8221; shall mean lease receivables factored or sold to The Pitney Bowes Bank Inc. or one of its wholly-owned subsidiaries pursuant to a Permitted Receivables Facility.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Receivables Seller</u>&#8221; has the meaning assigned to such term in the definition of &#8220;Permitted Receivables Facility&#8221;.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">38</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Redemption Premium</u>&#8221; shall mean (a) with respect to any (i) optional redemption pursuant to <font style="color: rgb(0, 0, 0);">Section 2.10</font>, (ii) mandatory redemption pursuant to
        Section 2.11(b), (iii) payments pursuant to Section 2.19, or (iv) mandatory redemption or other payment as a result of the acceleration of the Notes in accordance with Article VII: (i) on or prior to the first anniversary of the Closing Date, the
        present value of the sum of (A) all required payments of interest and all interest that would have accrued on the Notes being redeemed, repaid, prepaid or that have become or are declared accelerated pursuant to Article VII or otherwise or that
        have otherwise become due and payable, as the case may be, from the Closing Date until the first anniversary of the Closing Date (excluding accrued and unpaid interest to the Settlement Date), which present value shall be calculated using a
        discount rate equal to the treasury rate plus 50 basis points as of the day of determination <font style="font-style: italic;">plus</font> (B) five percent (5.00%) of the principal amount of the Notes being redeemed, repaid, prepaid or that has
        become or is declared accelerated pursuant to Article VII or otherwise, or that have otherwise become due and payable, (ii) on or after the first anniversary of the Closing Date through and excluding the second anniversary of the Closing Date, five
        percent (5.00%) of the principal amount of the Notes so redeemed, repaid, prepaid or that has become or is declared accelerated pursuant to Article VII or otherwise, (iii) on or after the second anniversary of the Closing Date through and excluding
        the third anniversary of the Closing Date, two percent (2.00%) of the principal amount of the Notes so redeemed, repaid, prepaid or that has become or is declared accelerated pursuant to Article VII or otherwise, and (iv) on or after the third
        anniversary of the Closing Date, zero percent (0%), and (b) with respect to any mandatory redemption pursuant to Section 2.11(a), the lesser of (x) the amount determined pursuant to clause (a) of this definition and (b) three percent (3.00%) of the
        principal amount of the Notes so redeemed, repaid or prepaid.&#160; For the avoidance of doubt, it is understood that no Redemption Premium is payable in connection with a redemption pursuant to Section 2.09(a).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Refinancing</u>&#8221; shall mean (a) the repayment and redemption in full of the Senior Notes due 2024 and (b) the repayment of a portion of the term loans outstanding under the First Lien Credit
        Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Refinancing Indebtedness</u>&#8221; shall mean, in respect of any Indebtedness (the &#8220;<u>Original Indebtedness</u>&#8221;), any Indebtedness that extends, renews, replaces or refinances such Original
        Indebtedness (or any Refinancing Indebtedness in respect thereof); <font style="font-style: italic;">provided</font> that (a) the principal amount (or accreted value, if applicable) of such Refinancing Indebtedness shall not exceed the principal
        amount (or accreted value, if applicable) of such Original Indebtedness except by an amount no greater than accrued and unpaid interest with respect to such Original Indebtedness and any fees, premium and expenses relating to such extension,
        renewal, replacement or refinancing; (b) either (i) the stated final maturity of such Refinancing Indebtedness shall not be earlier than that of such Original Indebtedness or (ii) such Refinancing Indebtedness shall not be required to mature or to
        be repaid, prepaid, redeemed, repurchased or defeased, whether on one or more fixed dates, upon the occurrence of one or more events or at the option of any holder thereof (except, in each case, upon the occurrence of an event of default, asset
        sale (subject to an ability to ratably redeem Notes (together, as applicable, with other Indebtedness secured by Collateral on a <font style="font-style: italic;">pari passu</font> basis) upon such occurrence in the case of Indebtedness secured by
        Collateral on a <font style="font-style: italic;">pari passu</font> basis with the Notes or an ability to redeem Notes prior to application to any such prepayment or redemption in the case of Indebtedness secured by Collateral on a junior basis
        with the Notes or unsecured Indebtedness of the Note Parties) or a change in control or as and to the extent such repayment, prepayment, redemption, repurchase or defeasance would have been required pursuant to the terms of such Original
        Indebtedness) prior to the date 91 days after the Maturity Date; <font style="font-style: italic;">provided</font> that, notwithstanding the foregoing, scheduled amortization payments (however denominated) of such Refinancing Indebtedness shall be
        permitted so long as the weighted average life to maturity of such Refinancing Indebtedness shall be no shorter than the weighted average life to maturity of such Original Indebtedness remaining as of the date of such extension, renewal or
        refinancing (or, if shorter, 91 days after the Maturity Date in effect on the date of such extension, renewal or refinancing); (c) such Refinancing Indebtedness shall not constitute an obligation (including pursuant to a Guarantee) of the Issuer or
        any Subsidiary, in each case that shall not have been (or shall not have been required to become pursuant to the terms of the Original Indebtedness) an obligor in respect of such Original Indebtedness, and shall not constitute an obligation of the
        Issuer or any Subsidiary if the Issuer or such Subsidiary shall not have been an obligor in respect of such Original Indebtedness; (d) if such Original Indebtedness shall have been subordinated to the Obligations, such Refinancing Indebtedness
        shall also be subordinated to the Obligations on terms not less favorable in any respect to the Noteholders (as reasonably determined in good faith by the Issuer); (e) such Refinancing Indebtedness shall not be secured by any Lien on any asset
        other than the assets that secured such Original Indebtedness (or was required to secure such Original Indebtedness pursuant to the terms thereof) or, in the event Liens securing such Original Indebtedness shall have been contractually subordinated
        to any Lien securing the Obligations, by any Lien that shall not have been contractually subordinated to at least the same extent (as reasonably determined in good faith by the Issuer); <font style="font-style: italic;">provided</font> that Liens
        on the Collateral securing Refinancing Indebtedness in respect of Original Indebtedness that was secured by Liens on the Collateral on a junior basis to the Liens securing the Obligations shall be deemed to meet the requirements of this clause (e)
        if such Liens are on a junior basis to the Liens securing the Obligations and are governed by an Acceptable Intercreditor Agreement; and (f) the proceeds of such Refinancing Indebtedness are promptly, subject to any advance notice requirements for
        the relevant prepayment, repurchase or redemption and other logistical considerations as determined in good faith by the Issuer, applied to refinance, repurchase or redeem such Original Indebtedness; <font style="font-style: italic;">provided</font>&#160;<font style="font-style: italic;">however</font> that the proceeds of any Refinancing Indebtedness in respect of Original Indebtedness constituting Existing Senior Notes or other capital markets Indebtedness shall not be required to be applied to
        repurchase or redeem such Original Indebtedness prior to the date that is 120 days following the date of the incurrence of such Refinancing Indebtedness.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">39</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Register</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 9.04(e)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Regulation U</u>&#8221; shall mean Regulation U of the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Regulation S</u>&#8221; shall have the meaning assigned to such term in Section 9.23.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Related Fund</u>&#8221; shall mean, with respect to any Noteholder, any fund that invests in commercial loans and is administered, advised or managed by the same investment advisor or manager as such
        Noteholder or by an Affiliate of such investment advisor or manager.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Related Parties</u>&#8221; shall mean, with respect to any specified person, such person&#8217;s Affiliates and the respective directors, officers, employees, agents and advisors of such person and such
        person&#8217;s Affiliates.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Release</u>&#8221; means any release, spill, emission, leaking, dumping, injection, pouring, deposit, disposal, discharge, dispersal, leaching or migration into or through the environment (including
        ambient air, surface water, groundwater, land surface or subsurface strata) or within or upon any building, structure, facility or fixture.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Released Group</u>&#8221; means the Released Guarantors, Pitney Bowes Global Ecommerce (APAC) Co. Ltd., a wholly-owned subsidiary of DRF Logistics, LLC, and each of their respective subsidiaries
        formed or acquired after the First Amendment Effective Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Required Noteholders</u>&#8221; shall mean, at any time, (a) at any time that any of the Oaktree Noteholders are party to this Agreement, Oaktree Noteholders having Notes and Commitments representing
        more than 50% of the sum of all Notes outstanding and Note Commitments, of all the Oaktree Noteholders at such time, and (b) at any other time, Noteholders having Notes and Commitments representing more than 50% of the sum of all Notes outstanding
        and Note Commitments, of all the Noteholders at such time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Resolution Authority</u>&#8221; shall mean an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">40</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Responsible Officer</u>&#8221; of any person shall mean any executive officer or Financial Officer of such person and any other officer or similar official thereof responsible for the administration
        of the obligations of such person in respect of this Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Restricted Debt Payment</u>&#8221; has the meaning assigned thereto in Section 6.08(b).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Restricted Payment</u>&#8221; means any dividend or other distribution (whether in cash, securities or other property) by the Issuer or any Subsidiary with respect to its Equity Interests, or any
        payment or distribution (whether in cash, securities or other property) by the Issuer or any Subsidiary, including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancelation or termination of
        its Equity Interests.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>S&amp;P</u>&#8221; shall mean Standard &amp; Poor&#8217;s Ratings Service, or any successor thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Sanctioned Country</u>&#8221; means, at any time, a country, region or territory which is itself the subject or target of any Sanctions (as of the Closing Date, Cuba, Iran, North Korea, Syria, the
        Crimean region, the so-called Luhansk People&#8217;s Republic, the so-called Donetsk People&#8217;s Republic and the non-government controlled Zaporizhzhia and Kherson regions of Ukraine), or any country or territory whose government is the subject of
        Sanctions (currently, including Venezuela) or that is otherwise the subject of broad Sanctions restrictions (including Afghanistan, Russia and Belarus).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Sanctioned Person</u>&#8221; means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of
        the Treasury, the U.S. Department of State, or by the United Nations Security Council, the European Union or any European Union member state, Canada or Her Majesty&#8217;s Treasury of the United Kingdom or (b) any Person owned or controlled by any such
        Person or Persons described in the foregoing clause (a).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Sanctions</u>&#8221; means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the U.S. government, including those administered by the
        Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State or (b) the United Nations Security Council, the European Union, any European Union member state, Canada or His Majesty&#8217;s Treasury of the United
        Kingdom.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>SEC</u>&#8221; means the United States Securities and Exchange Commission or any Governmental Authority succeeding to any of its principal functions.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Secured Parties</u>&#8221; shall mean, collectively, (a) the Noteholders, (b) the Noteholder Representative and (c) the successors and assigns of each of the foregoing.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Securities Act</u>&#8221; shall mean the Securities Act of 1933, as amended, and the rules and regulations of the SEC promulgated thereunder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Security Documents</u>&#8221; shall mean the Guarantee Agreement, Collateral Agreement, any Acceptable Intercreditor Agreement, each Mortgage, each intellectual property security agreement, each
        Blocked Account Agreement and each other security agreement or other instrument or document executed and delivered by any Note Party pursuant to any of the foregoing or pursuant to Section 5.12 or Section 5.13.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Senior Notes due 2024</u>&#8221; shall mean the Issuer&#8217;s $214,510,000 aggregate principal amount of 4.625% senior unsecured notes due 2024.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">41</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Senior Notes due 2027</u>&#8221; shall mean the Issuer&#8217;s $380,000,000 aggregate principal amount of 6.875% senior unsecured notes due 2027.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Settlement Date</u>&#8221; shall mean, with respect to any Notes, the date on which such Notes are redeemed, repaid, prepaid or have become or are declared accelerated or otherwise or due and payable
        pursuant to this Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Shared Services Agreement</u>&#8221; shall mean that certain Shared Services Agreement, dated August 8, 2024, by and among the Issuer and the Released Guarantors.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>SOFR</u>&#8221; shall mean a rate equal to the secured overnight financing rate as administered by the SOFR Administrator.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>SOFR Administrator</u>&#8221; shall mean the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Solvent</u>&#8221; shall mean, with respect to the Issuer and its Subsidiaries, on a consolidated basis, on any date of determination, that on such date (a) the sum of the debt (including contingent
        liabilities) of the Issuer and its Subsidiaries, on a consolidated basis, does not exceed the present fair saleable value of the present assets of the Issuer and its Subsidiaries, on a consolidated basis; (b) the capital of the Issuer and its
        Subsidiaries, on a consolidated basis, is not unreasonably small in relation to the business of the Issuer and its Subsidiaries, on a consolidated basis, contemplated as of the date hereof; (c) the Issuer and its Subsidiaries, on a consolidated
        basis, have not incurred and do not intend to incur, or believe that they will incur, debts (including current obligations) beyond their ability to pay such debts as they become due (whether at maturity or otherwise); and (d) the Issuer and its
        Subsidiaries, on a consolidated basis, are &#8220;solvent&#8221; within the meaning given to that term and similar terms under applicable laws related to fraudulent transfers and conveyances.&#160; For the purposes hereof, the amount of any contingent liability at
        any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Specified Foreign Jurisdictions</u>&#8221; shall mean the United Kingdom and any political subdivision thereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Specified Foreign Subsidiary</u>&#8221; shall mean each Subsidiary organized in a Specified Foreign Jurisdiction.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Specified GEC Bankruptcy Event</u>&#8221; shall mean, with respect to each Released Guarantor, that such Released Guarantor has become a debtor in a U.S. Bankruptcy Case.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Specified GEC Bankruptcy Event Outside Date</u>&#8221; shall mean the date that is two (2) Business Days after the First Amendment Effective Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Specified GEC Entity Bankruptcy Distribution</u>&#8221; has the meaning assigned to such term in Section 2.11(g).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Specified GEC Entity Bankruptcy Distribution Amount</u>&#8221; has the meaning assigned to such term in Section 2.11(g).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">42</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Specified GEC Note</u>&#8221; means that certain secured senior takeback note between the Released Guarantors, as payors and Opps XI PTBW Holdings, L.P., a Delaware limited partnership, and Opps XII
        PTBW Holdings, L.P., a Delaware limited partnership, collectively, as payees.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Standard Securitization Undertakings</u>&#8221; shall mean representations, warranties, covenants and indemnities entered into by the Issuer or any Subsidiary thereof in connection with the Permitted
        Receivables Facility which are customary in a Receivables financing transaction, as determined in good faith by the Issuer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>subsidiary</u>&#8221; means, with respect to any Person (the &#8220;parent&#8221;) at any date, any corporation, limited liability company, partnership, association or other entity the accounts of which would be
        consolidated with those of the parent in the parent&#8217;s consolidated financial statements if such financial statements were prepared in accordance with GAAP, as well as any other corporation, limited liability company, partnership, association or
        other entity (a) of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary voting power or, in the case of a partnership, more than 50% of the general partnership interests are, as of
        such date, owned, controlled or held (unless parent does not Control such entity), or (b) that is, as of such date, otherwise Controlled, by the parent or one or more subsidiaries of the parent or by the parent and one or more subsidiaries of the
        parent.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Subsidiary</u>&#8221; means any subsidiary of the Issuer; <u>provided</u> that, from and after the First Amendment Effective Date, none of the Released Guarantors nor any of their respective
        subsidiaries shall constitute a Subsidiary; <u>provided</u>, <u>further</u> that, if a Specified GEC Bankruptcy Event with respect to the Released Guarantors shall not have occurred prior to the Specified GEC Bankruptcy Event Outside Date, each
        Released Guarantor (to the extent it then constitutes a Subsidiary without giving effect to the first proviso above) and each of its respective subsidiaries shall, from and after the Specified GEC Bankruptcy Event Outside Date, constitute a
        Subsidiary for all purposes under this Agreement and the other Note Documents.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Subsidiary Guarantor</u>&#8221; shall mean each Subsidiary of the Issuer on the Closing Date that is listed on <u>Schedule 1.01(A)</u>, and each other Subsidiary of the Issuer that is or becomes a
        party to the Guarantee Agreement or such other guarantee agreement acceptable to the Noteholder Representative (acting at the direction of the Required Noteholders) in accordance with the terms hereof and thereof, other than, in each case, any
        Subsidiary Guarantor released from its Guarantee in accordance with the terms hereof and thereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Successor Issuer</u>&#8221; shall have the meaning assigned to such term in Section 6.03(a)(v).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Taxes</u>&#8221; shall mean all present and future taxes, levies, imposts, duties, assessments, deductions, liabilities, withholdings (including backup withholding) or other charges imposed by any
        Governmental Authority, including any interest, additions to tax or penalties applicable thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Term SOFR</u>&#8221; shall mean the Term SOFR Reference Rate for a tenor comparable to the applicable Interest Period on the day (such day, the &#8220;<u>Periodic Term SOFR Determination Day</u>&#8221;) that is
        two (2) U.S. Government Securities Business Days prior to the first day of such Interest Period, as such rate is published by the Term SOFR Administrator; provided, however, that if as of 5:00 p.m., New York City time, on any Periodic Term SOFR
        Determination Day the Term SOFR Reference Rate for the applicable tenor has not been published by the Term SOFR Administrator and a Benchmark Replacement Date with respect to the Term SOFR Reference Rate has not occurred, then Term SOFR will be the
        Term SOFR Reference Rate for such tenor as published by the Term SOFR Administrator on the first preceding U.S. Government Securities Business Day for which such Term SOFR Reference Rate for such tenor was published by the Term SOFR Administrator
        so long as such first preceding U.S. Government Securities Business Day is not more than three (3) U.S. Government Securities Business Days prior to such Periodic Term SOFR Determination Day; provided, further, that if Term SOFR determined as
        provided in this definition shall ever be less than the Floor, then Term SOFR shall be deemed to be the Floor.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">43</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Term SOFR Administrator</u>&#8221; shall mean CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Noteholder Representative
        in its reasonable discretion).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Term SOFR Reference Rate</u>&#8221; shall mean the forward-looking term rate based on SOFR.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Termination Date</u>&#8221; shall have the meaning assigned to such term in the lead-in to <font style="color: rgb(0, 0, 0);">Article V</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Transactions</u>&#8221; shall mean, collectively, the execution, delivery and performance by each Note Party of the Note Documents (including this Agreement) to which it is to be a party, the
        issuance of the Notes and the Refinancing.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>UCC</u>&#8221; or &#8220;<u>Uniform Commercial Code</u>&#8221; shall mean the Uniform Commercial Code as in effect from time to time in the State of New York or any other state the laws of which are required to
        be applied in connection with the creation or perfection of security interests.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>UK Financial Institution</u>&#8221; shall mean any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential
        Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and
        certain affiliates of such credit institutions or investment firms.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>UK Resolution Authority</u>&#8221; shall mean the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Unadjusted Benchmark Replacement</u>&#8221; shall mean the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Undisclosed Administration</u>&#8221; shall mean in relation to a Noteholder or its direct or indirect parent company that is a solvent person, the appointment of an administrator, provisional
        liquidator, conservator, receiver, trustee, custodian, or other similar official by a supervisory authority or regulator under or based on the law in the country where such Noteholder or such parent company is subject to home jurisdiction, if
        applicable law requires that such appointment not be disclosed.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>U.S. Bankruptcy Case</u>&#8221; shall mean a case under the Bankruptcy Code.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>U.S. Government Securities Business Day</u>&#8221; shall mean any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association
        recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>U.S. Person</u>&#8221; shall have the meaning assigned to such term in Section 2.18(f).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">44</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>U.S. Tax Compliance Certificate</u>&#8221; shall have the meaning assigned to such term in <font style="color: rgb(0, 0, 0);">Section 2.18(f)(ii)(B)(3)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>USA PATRIOT Act</u>&#8221; means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>wholly owned Subsidiary</u>&#8221; means, with respect to any Person at any date, a subsidiary of such Person of which securities or other ownership interests representing 100% of the Equity
        Interests (other than directors&#8217; qualifying shares) are, as of such date, owned, controlled or held by such Person or one or more wholly owned Subsidiaries of such Person or by such Person and one or more wholly owned Subsidiaries of such Person.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><u>&#8220;Wind Down Costs</u>&#8221; means amounts paid by a Released Guarantor during a GEC Bankruptcy Case (i) pursuant to &#8220;first day&#8221; or other similar relief granted by a United States Bankruptcy Court
        authorizing such payments, (ii) in the ordinary course of business, (iii) on account of any right to payment constituting a cost or expense of administration incurred during a GEC Bankruptcy Case of a kind specified under section 503(b) of the
        Bankruptcy Code and entitled to priority under sections 507(a)(2), 507(b), or 1114(e)(2) of the Bankruptcy Code, including (y) the actual and necessary costs and expenses incurred during a GEC Bankruptcy Case and (z) claims for professional
        services rendered or costs incurred during a GEC Bankruptcy Case by any person retained by a Released Guarantor or official committee of unsecured creditors by order of a United States Bankruptcy Court pursuant to sections 327, 328, 329, 330, 331,
        503(b), or 1103 of the Bankruptcy Code, (iv) any other claim entitled to priority of payment as specified in section 507(a) of the Bankruptcy Code, and (v) in connection with the assumption or assumption and assignment of an executory contract or
        unexpired lease as required under section 365(a) of the Bankruptcy Code.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Withdrawal Liability</u>&#8221; shall mean liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of
        Subtitle E of Title IV of ERISA.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">&#8220;<u>Write-Down and Conversion Powers</u>&#8221; shall mean, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under
        the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution
        Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into
        shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of
        the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.02&#160;&#160;&#160;&#160;&#160; &#160; <u>Terms Generally</u>.&#160; The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any
        pronoun shall include the corresponding masculine, feminine and neuter forms. The words &#8220;include&#8221;, &#8220;includes&#8221; and &#8220;including&#8221; shall be deemed to be followed by the phrase &#8220;without limitation&#8221;. The word &#8220;will&#8221; shall be construed to have the same
        meaning and effect as the word &#8220;shall&#8221;. Unless the context requires otherwise or except as expressly provided herein, (a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such
        agreement, instrument or other document as from time to time amended, amended and restated, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth in the Note Documents), (b) any
        definition of or reference to any statute, rule or regulation shall be construed as referring thereto as from time to time amended, supplemented or otherwise modified (including by succession of comparable successor laws), unless otherwise
        expressly stated to the contrary, (c) any reference herein to any Person shall be construed to include such Person&#8217;s successors and assigns, (d) the words &#8220;herein&#8221;, &#8220;hereof&#8221; and &#8220;hereunder&#8221;, and words of similar import, shall be construed to refer
        to this Agreement in its entirety and not to any particular provision hereof, (e) all references herein to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this
        Agreement and (f) the words &#8220;asset&#8221; and &#8220;property&#8221; shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">45</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.03&#160;&#160;&#160; &#160; &#160;&#160; <u>Accounting Terms; GAAP; Issuer Representative</u><u>.</u></div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to
        time; <font style="font-style: italic;">provided</font> that (i) if the Issuer notifies the Noteholder Representative that the Issuer requests an amendment to any provision (including any definition) hereof to eliminate the effect of any change
        occurring after the Closing Date in GAAP or in the application thereof on the operation of such provision (or if the Noteholder Representative notifies the Issuer that the Required Noteholders request an amendment to any provision hereof for such
        purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall
        have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith and (ii) notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be
        construed, and all computations of amounts and ratios referred to herein shall be made, without giving effect to any election under Statement of Financial Accounting Standards 159, The Fair Value Option for Financial Assets and Financial
        Liabilities, or any successor thereto (including pursuant to Accounting Standard Codifications), to value any Indebtedness of the Issuer or any Subsidiary at &#8220;fair value&#8221;, as defined therein.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160; &#160; &#160;&#160; The Issuer is hereby authorized to act as an agent and representative of the other Note Parties party hereto in providing and receiving notices, consents,
        certificates, other writing or statements on behalf of the other Note Parties for purposes hereof (including for purposes of Article II).&#160; Unless otherwise provided therein, the Noteholder Representative may assume any notice, consent, certificate,
        other writing or statement received from the Issuer is made on behalf of the other Note Parties, and shall be entitled to rely on, and shall incur no liability by acting upon, any such notice, consent, certificate, other writing or statement
        accordingly</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.04&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Pro Forma Calculations</u>.&#160; All relevant calculations for purposes of determining the Consolidated Total Leverage Ratio, the Consolidated Interest Expense, the Consolidated
        Secured Leverage Ratio, the First Lien Leverage Ratio, the Consolidated Interest Coverage Ratio or Consolidated EBITDA for any purpose under this Agreement shall be made on a Pro Forma Basis.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.05&#160;&#160;&#160;&#160;&#160;&#160; <u>Timing of Payments or Performance</u>.&#160; Unless expressly stated otherwise, when payment of any obligation or the performance of any covenant, duty or obligation is stated to
        be due or performance required on a day which is not a Business Day, the date of such payment or performance shall extend to the immediately succeeding Business Day, and, in the case of any payment accruing interest, interest thereon shall be
        payable for the period of such extension.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">46</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.06&#160;&#160;&#160;&#160; &#160; &#160; <u>Certain Calculations and Tests</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160; &#160; &#160;&#160; Notwithstanding anything in this Agreement or any Note Document to the contrary, when calculating any applicable financial ratio or test or determining other
        compliance with this Agreement (including the determination of compliance with any provision of this Agreement which requires that no Default or Event of Default has occurred, is continuing or would result therefrom) in connection with the
        consummation of a Limited Condition Transaction, the date of determination of such ratio and determination of whether any Default or Event of Default has occurred, is continuing or would result therefrom or other applicable covenant shall, at the
        option of the Issuer (the Issuer&#8217;s election to exercise such option in connection with any Limited Condition Transaction, an &#8220;<u>LCT Election</u>&#8221;), be deemed to be (i) in the case of a Limited Condition Transaction described in clause (i) of the
        definition thereof, the date the definitive agreements for such Limited Condition Transaction are entered into and (ii) in the case of a Limited Condition Transaction described in clause (ii) of the definition thereof, the date of giving of the
        irrevocable notice of redemption therefor (the &#8220;<u>LCT Test Date</u>&#8221;) and if, after such financial ratios and tests and other provisions are measured on a Pro Forma Basis after giving effect to such Limited Condition Transaction and the other
        transactions to be entered into in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) as if they occurred at the beginning of the applicable period being used to calculate such financial ratio ending
        prior to the LCT Test Date, the Issuer could have taken such action on the relevant LCT Test Date in compliance with such ratios and provisions, such provisions shall be deemed to have been complied with; provided that at the option of the Issuer,
        the relevant ratios and baskets may be recalculated at the time of consummation of such Limited Condition Transaction. For the avoidance of doubt, (x) if any of such financial ratios or tests are exceeded (or, with respect to the Consolidated
        Interest Coverage Ratio, not reached) as a result of fluctuations in such ratio or test (including due to fluctuations in Consolidated EBITDA or otherwise) at or prior to the consummation of the relevant Limited Condition Transaction, such
        financial ratios and tests and other provisions will not be deemed to have been exceeded (or, with respect to the Consolidated Interest Coverage Ratio, not reached) as a result of such fluctuations solely for purposes of determining whether the
        Limited Condition Transaction is permitted hereunder and (y) such financial ratios and tests and other provisions shall not be tested at the time of consummation of such Limited Condition Transaction or related transaction. For the avoidance of
        doubt, if the Issuer has made an LCT Election for any Limited Condition Transaction, then in connection with any subsequent calculation of any financial ratio or test or basket availability with respect to any Limited Condition Transaction on or
        following the relevant LCT Test Date and prior to the earlier of the date on which such Limited Condition Transaction is consummated or, in the case of a Limited Condition Transaction described in clause (i) thereof, the date that the definitive
        agreement for such Limited Condition Transaction is terminated or expires without consummation of such Limited Condition Transaction, for purposes of determining whether such subsequent transaction is permitted under this Agreement or any Note
        Document, any such ratio, test or basket shall be required to comply with any such ratio, test or basket on a Pro Forma Basis assuming such Limited Condition Transaction and the other transactions in connection therewith (including any incurrence
        of Indebtedness and the use of proceeds thereof) have been consummated until such time as the applicable Limited Condition Transaction has actually closed or the definitive agreement with respect thereto has been terminated or expires.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">47</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding anything to the contrary herein, with respect to any Indebtedness or Liens incurred in reliance on a provision of this Agreement that does not require
        compliance with a financial ratio or test (including, without limitation, any tests based on the Consolidated Total Leverage Ratio, Consolidated Interest Expense, Adjusted Consolidated Interest Expense, the First Lien Leverage Ratio, the
        Consolidated Secured Leverage Ratio, the Consolidated Interest Coverage Ratio, Consolidated EBITDA or Adjusted Consolidated EBITDA) (any such amounts, the &#8220;<u>Fixed Amounts</u>&#8221;) substantially concurrently with any Indebtedness or Liens incurred in
        reliance on a provision of this Agreement that requires compliance with a financial ratio or test (including any tests based on the Consolidated Total Leverage Ratio, Consolidated Interest Expense, Adjusted Consolidated Interest Expense, the First
        Lien Leverage Ratio, the Consolidated Secured Leverage Ratio, the Consolidated Interest Coverage Ratio, Consolidated EBITDA or Adjusted Consolidated EBITDA) (any such amounts, the &#8220;<u>Incurrence-Based Amounts</u>&#8221;), it is understood and agreed that
        the Fixed Amounts shall be disregarded in the calculation of the financial ratio or test applicable to the incurrence of the Incurrence-Based Amounts.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.07&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Divisions</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;For all purposes under the Note Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a
        different jurisdiction&#8217;s laws): (a) if any asset, right, obligation or liability of any person becomes the asset, right, obligation or liability of a different person, then it shall be deemed to have been transferred from the original person to the
        subsequent person, and (b) if any new person comes into existence, such new person shall be deemed to have been organized on the first date of its existence by the holders of its Equity Interests at such time.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.08&#160;&#160;&#160;&#160;&#160;&#160; <u>Currency; Calculation of Amounts</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;For purposes of any determination under Section 6.01, Section 6.02, Section 6.04 or Section 6.05 or under Article VII, all
        amounts incurred, outstanding or proposed to be incurred or outstanding in currencies other than Dollars shall be translated into Dollars at the currency exchange rates in effect on the date of such determination (with such currency exchange rates
        being determined by the Issuer in good faith); <font style="font-style: italic;">provided</font> that no Default shall arise as a result of any limitation set forth in Section 6.01, Section 6.02, Section 6.04 or Section 6.05 being exceeded solely
        as a result of changes in currency exchange rates from the currency exchange rates applicable at the time or times the applicable transaction was initially consummated in reliance on the applicable exception to the limitation set forth in such
        Section.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.09&#160;&#160;&#160;&#160;&#160;&#160; <u>Interest Rates</u>.&#160; The Noteholder Representative does not warrant or accept any responsibility for, and shall not have any liability with respect to, (a) the continuation
        of, administration of, submission of, calculation of or any other matter related to the Term SOFR Reference Rate, Adjusted Term SOFR or Term SOFR, or any component definition thereof or rates referred to in the definition thereof, or any
        alternative, successor or replacement rate thereto (including any Benchmark Replacement), including whether the composition or characteristics of any such alternative, successor or replacement rate (including any Benchmark Replacement) will be
        similar to, or produce the same value or economic equivalence of, or have the same volume or liquidity as, the Term SOFR Reference Rate, Adjusted Term SOFR, Term SOFR or any other Benchmark prior to its discontinuance or unavailability, or (b) the
        effect, implementation or composition of any Conforming Changes.&#160; The Noteholder Representative and its affiliates or other related entities may engage in transactions that affect the calculation of the Term SOFR Reference Rate, Term SOFR, Adjusted
        Term SOFR, any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the Issuer.&#160; The Noteholder Representative may select information sources or
        services in its reasonable discretion to ascertain the Term SOFR Reference Rate, Term SOFR, Adjusted Term SOFR or any other Benchmark, or any component definition thereof or rates referred to in the definition thereof, in each case pursuant to the
        terms of this Agreement, and shall have no liability to the Issuer, any Noteholder or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or
        expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">48</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 1.10&#160;&#160; &#160; &#160;&#160; <u>Basket Usage</u>.&#160;&#160;&#160;&#160;&#160; Notwithstanding anything in this Agreement to the contrary, for purposes of testing availability under any basket or dollar-based threshold set forth
        in this Agreement or any other Note Document (including baskets measured as a percentage of Consolidated EBITDA) (an &#8220;<u>NPA Basket</u>&#8221;) that corresponds to a basket or dollar-based threshold under the First Lien Credit Agreement or corresponding
        First Lien Loan Document as of the date hereof (a &#8220;<u>Corresponding Credit Agreement Basket</u>&#8221;), the Note Parties shall be deemed to have utilized such NPA Basket as of the Closing Date in an amount equal to the amount by which the Corresponding
        Credit Agreement Basket has been utilized as of the Closing Date (including as a result of the issuance of the Notes and other actions after the original date of the First Lien Credit Agreement and on or prior to the date hereof), such that the
        amount available to be incurred under such NPA Basket as of the Closing Date shall be equal to the amount available under the Corresponding Credit Agreement Basket as of the Closing Date.</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(1, 0, 0); font-weight: bold;">ARTICLE II</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">THE NOTES</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Notes</u>; Notice of Issuance; Disbursement of Funds.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Subject to the terms and conditions set forth in <font style="color: rgb(0, 0, 0);">Section 4.01</font> hereof, the Issuer shall issue to the respective Noteholders,
        and each of the Noteholders shall purchase from the Issuer, Notes in the aggregate principal amount set forth next to such Noteholder&#8217;s name on <u>Schedule 2.02</u>. The parties hereto intend that, solely for U.S. federal (and applicable state,
        local and non-U.S.) income tax purposes, the Notes be treated as debt.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160; &#160; &#160;&#160;&#160; The Issuer shall give the Noteholder Representative one (1) Business Day prior written notice in the form of <u>Exhibit J</u> of the Notes to be issued hereunder.
        The written notice (each a &#8220;<u>Notice of Issuance</u>&#8221;) shall be irrevocable and shall be given by the Issuer in a form specifying (i) the aggregate principal amount of the Notes to be issued pursuant to the issuance, (ii) the date of such issuance
        (which shall be a Business Day) and (iii) to which account of the Issuer the proceeds of the such Notes are to be deposited. <font style="color: rgb(1, 1, 1);">Following receipt of a Notice of Issuance, the Noteholder Representative shall promptly
          notify each Noteholder of the amount of its share of the applicable Notes. Each Noteholder shall make the amount of its Note available to the Noteholder Representative in immediately available funds at the Noteholder Representative&#8217;s account no
          later than 1:00 p.m., New York city time on the Business Day specified in the applicable Notice of Issuance. Upon receipt of all </font>requested funds and subject to the terms and conditions set forth in Section 4.01 hereof, the Noteholder
        Representative shall make all funds so received available to the Issuer in like funds as received by the Noteholder Representative by wire transfer of such funds in accordance with the instructions <font style="color: rgb(1, 1, 1);">provided on
          the Notice of Issuance.&#160;Unless Issuer has notified the Noteholder Representative in writing (which notification may be by email) by not later than 5:00 p.m., New York City time on the issuance date that it has not received the aggregate principal
          amount of the Notes to be issued pursuant to the Note of Issuance and the funds flow, Noteholder Representative shall deem the Notes purchased and make the appropriate recordations in the Register.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.02&#160; &#160; &#160;&#160;&#160;&#160; <u>Evidence of Debt; Repayment of Notes</u>.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">49</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160; &#160; &#160; The Issuer hereby unconditionally promises to pay to the Noteholder Representative for the account of each Noteholder the principal amount of each Note of such
        Noteholder made to the Issuer as set forth in <font style="color: rgb(0, 0, 0);">Section 2.09</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each Noteholder shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Issuer to such Noteholder resulting
        from each Note purchased by the Issuer from such Noteholder from time to time, including the amounts of principal and interest payable and paid to such Noteholder from time to time under this Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Noteholder Representative shall maintain accounts in which it will record (i) the amount of each Issuance made hereunder and, if applicable, the Interest Period
        applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Issuer to each Noteholder hereunder and (iii) the amount of any sum received by the Noteholder Representative hereunder from or
        on behalf of the Issuer or any Subsidiary Guarantor and each Noteholder&#8217;s share thereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160; &#160;&#160; The entries made in the accounts maintained pursuant to clauses (b) and (c) above shall be prima facie evidence of the existence and amounts of the obligations therein
        recorded; <font style="font-style: italic;">provided </font>that (i) in the event of any inconsistency between any account maintained pursuant to clause (b) above and any account maintained pursuant to clause (c) above, the account maintained
        pursuant to clause (c) above shall be conclusive absent manifest error and (ii) the failure of any Noteholder or the Noteholder Representative to maintain such accounts or any error therein shall not in any manner affect the obligations of the
        Issuer to repay the Notes issued by it in accordance with their terms; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further </font>in the event of a conflict between such accounts of the Noteholder
        Representative and the Register, the Register shall control.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160; &#160; &#160;&#160; (i) The Issuer shall deliver to each Noteholder on the Closing Date a promissory note in the aggregate principal amount set forth opposite such Noteholder&#8217;s name on <u>Schedule
          2.02</u> under the heading &#8220;Commitment&#8221; and (ii) the Issuer, upon request by any Noteholder and the delivery to the Issuer of such Noteholder&#8217;s existing promissory notes, shall deliver to each Noteholder replacement promissory notes representing
        such Noteholder&#8217;s pro rata share of the outstanding principal balance of the promissory notes from time to time. Upon receipt of evidence reasonably satisfactory to the Issuer of the loss, theft, destruction or mutilation of any promissory notes,
        and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement in form and substance reasonably satisfactory to the Issuer, or, in the case of any such mutilation, upon surrender and cancellation of the mutilated
        promissory notes, as the case may be, the Issuer will issue a new promissory notes of like tenor, in lieu of such lost, stolen, destroyed or mutilated promissory notes.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.03&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Fees</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160; &#160;&#160; The Issuer agrees to pay to the Noteholder Representative (i) for its own account, an annual agency fee (the &#8220;<u>Noteholder Representative Fees</u>&#8221;) as separately
        agreed to in the Noteholder Representative Fee Letter and (ii) for the account of each Noteholder, a fee (the &#8220;<u>Noteholder Fee</u>&#8221;) as separately agreed to in the Noteholder Fee Letter.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; All Fees shall be paid on the dates due, in immediately available funds, to the Noteholder Representative for distribution, if and as appropriate, among the
        applicable Noteholders.&#160; Once paid, none of the Fees shall be refundable under any circumstances.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">50</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.04&#160;&#160;&#160;&#160; &#160; &#160; <u>Interest on Notes</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160; &#160;&#160; Subject to the provisions of <font style="color: rgb(0, 0, 0);">Section 2.05</font>, the Notes shall bear interest (computed on the basis of the actual number of days
        elapsed over a year of three hundred sixty (360) days) at a rate per annum equal to the Applicable Rate.&#160; Interest shall accrue (i) from and including the date of purchase of the Note to but excluding the first Interest Payment Date, and thereafter
        (ii) from the Interest Payment Date to but excluding the next succeeding Interest Payment Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Interest on each Note shall be payable to the Noteholder Representative for the benefit of the Noteholders on the applicable Interest Payment Dates.&#160; The Adjusted
        Term SOFR for each Interest Period or day within an Interest Period, as the case may be, shall be determined by the Noteholder Representative, and such determination shall be conclusive absent manifest error.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.05&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Default Interest</u>.&#160; Upon the occurrence and during the continuance of an Event of Default under <font style="color: rgb(0, 0, 0);">Section 7.01</font>, upon the election
        of the Required Noteholders and notification of the same to the Issuer (or automatically in the case of the occurrence and continuance of any Event of Default under Section 7.01(b) or Section 7.01(c) or, solely with respect to the Issuer, Section
        7.01(g) or Section 7.01(h)), the interest rate applicable in respect of the Notes shall increase to the rate applicable pursuant to Section 2.04 <font style="font-style: italic;">plus</font>&#160;4.00% per annum; <font style="font-style: italic;">provided</font>
        that the Required Noteholders may impose such rate retroactively to the occurrence of such Event of Default.&#160; If any Obligation including fees, costs and expenses payable hereunder) is not paid when due (giving effect to any applicable grace
        period) under any applicable Note Document, the amount thereof shall accrue interest at the rate set forth in the preceding sentence.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.06&#160;&#160;&#160;&#160; &#160; &#160; <u>Inability to Determine Rates</u>.&#160; Subject to <font style="color: rgb(0, 0, 0);">Section 2.20</font>, if, on or prior to the first day of any Interest Period:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160; &#160;&#160; the Noteholder Representative determines (which determination shall be conclusive and binding absent manifest error) that &#8220;Adjusted Term SOFR&#8221; cannot be determined
        pursuant to the definition thereof, or</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Required Noteholders determine that for any reason in connection with an Issuance or a conversion thereto or a continuation thereof that Adjusted Term SOFR for
        any requested Interest Period does not adequately and fairly reflect the cost to such Noteholders holding such Notes, and the Required Noteholders have provided notice of such determination to the Noteholder Representative,</div>
      <div>&#160;</div>
      <div style="text-align: justify;">then, in each case, the Noteholder Representative will promptly so notify the Issuer and each Noteholder, and the Noteholder Representative (acting at the direction of the Required Noteholders) and the Issuer shall
        endeavor to establish an alternate rate of interest to Adjusted Term SOFR that gives due consideration to the then prevailing market convention for determining a rate of interest for syndicated loans in the United States at such time and shall
        enter into an amendment to this Agreement to reflect such alternate rate of interest and such other related changes to this Agreement as may be applicable, and any such amendment shall become effective at 5:00 p.m. on the fifth (5<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>) Business Day after the Noteholder Representative shall have posted such proposed amendment to all Noteholders and the Issuer unless, prior to such time, Noteholders
        comprising the Required Noteholders have delivered to the Noteholder Representative written notice that such Required Noteholders object to such amendment.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">51</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.07&#160;&#160;&#160; &#160; &#160;&#160; <u>Termination of Commitments</u>.&#160; The Note Commitment shall automatically terminate on the Closing Date upon the issuance of the Notes pursuant to <font style="color: rgb(0, 0, 0);">Section 2.01</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.08&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>[Reserved]</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.09&#160;&#160;&#160; &#160; &#160;&#160; <u>Repayment of Notes</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Issuer shall purchase (each a &#8220;<u>Mandatory Redemption</u>&#8221;) from the Noteholders on a <font style="font-style: italic;">pro rata</font> basis, on the last
        Business Day of each calendar quarter (commencing with the fiscal quarter ending December 31, 2023) (each such date being called a &#8220;<u>Mandatory Redemption Date</u>&#8221;), an aggregate principal amount of the Notes equal to $687,500, together with
        accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment (the &#8220;<u>Mandatory Redemption Amount</u>&#8221;).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160; &#160;&#160; To the extent not previously paid, all Notes and all other Obligations shall be due and payable on the Maturity Date, including accrued and unpaid interest on the
        principal amount to be paid to but excluding the date of payment.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.10&#160;&#160;&#160;&#160; &#160; &#160; <u>Optional Redemptions</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Issuer shall have the right at any time and from time to time to redeem any Note issued by the Issuer that was issued by it to the applicable Noteholders, in
        whole or in part, upon at least three (3) Business Days&#8217; prior written notice to the Noteholder Representative before 12:00 (noon), New York City time, on the relevant date; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that each partial redemption shall be in an amount that is an integral multiple of $1,000,000 and not less than $5,000,000 (or if less, the entire remaining principal amount of Notes then outstanding).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160; &#160; &#160;&#160;&#160; Optional redemptions of Notes shall be allocated pro rata among the Noteholders and shall be applied against the remaining scheduled installments of principal due in
        respect of such Notes as directed by the Issuer (and absent such direction, in direct order of maturity).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each such notice of redemption shall specify the redemption date and principal amount of Notes to be optionally redeemed and shall be irrevocable (<font style="font-style: italic;">provided</font>, that such redemption may be conditioned upon the occurrence of certain events and revocable in the event that such events do not occur on the applicable date or dates) and shall commit the Issuer to
        redeem by the amount stated therein on the date stated therein.&#160; All redemptions under this <font style="color: rgb(0, 0, 0);">Section 2.10</font> shall be accompanied by accrued and unpaid interest on the principal amount to be redeemed to but
        excluding the date of redemption and any Redemption Premium.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">52</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.11&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Mandatory Redemptions</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160; &#160; Not later than the fifth Business Day following the deemed receipt (pursuant to the definition of &#8220;Net Cash Proceeds&#8221;) of Net Cash Proceeds in respect of any
        Prepayment Event (including by or on behalf of the Noteholder Representative as loss payee in respect of any Prepayment Event described in clause (b) of the definition of the term &#8220;Prepayment Event&#8221;), the Issuer shall apply an amount equal to 100%
        of such Net Cash Proceeds to redeem outstanding Notes (including payment of applicable Redemption Premium), subject to and in accordance with Section 2.11(d); <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>,
        that (x) so long as no Event of Default under Section 7.01(b) or Section 7.01(c) or, solely with respect to the Issuer, Section 7.01(g) or Section 7.01(h) has occurred or is continuing and (y) in the case of any event described in clause (a) or (b)
        of the definition of the term &#8220;Prepayment Event&#8221; (with respect to clause (a), in the event of any such event occurring (i) prior to the Covenant Termination Date, with respect to Net Cash Proceeds not to exceed $50,000,000 in the aggregate or (ii)
        following the Covenant Termination Date, with respect to Net Cash Proceeds in an amount not to exceed 50% of the aggregate Net Cash Proceeds in respect of such event), if a Financial Officer of the Issuer shall, on or prior to the date of the
        required redemption, deliver to the Noteholder Representative a certificate of a Financial Officer to the effect that the Issuer intends to cause the Net Cash Proceeds from such event (or a portion thereof specified in such certificate) to be
        applied within 365 days after receipt of such Net Cash Proceeds to be reinvested in the business of the Issuer or its Subsidiaries, or to enter into an acquisition permitted by this Agreement, then no redemption shall be required pursuant to this
        paragraph in respect of the Net Cash Proceeds in respect of such event (or the portion of such Net Cash Proceeds specified in such certificate, if applicable) except to the extent of any such Net Cash Proceeds that have not been so applied by the
        end of such 365-day period (or within a period of 180 days thereafter if by the end of such initial 365-day period the Issuer or one or more Subsidiaries shall have committed to invest such proceeds), at which time a redemption shall be required in
        an amount equal to such Net Cash Proceeds that have not been so applied.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; In the event that the Issuer or any Subsidiary shall receive Net Cash Proceeds from the issuance of Indebtedness for money borrowed (other than Indebtedness for money
        borrowed permitted pursuant to Section 6.01 (other than Refinancing Indebtedness incurred to refinance any Notes hereunder)), the Issuer shall, substantially simultaneously with (and in any event not later than the fifth Business Day next
        following) the receipt of such Net Cash Proceeds by the Issuer or such Subsidiary, apply an amount equal to 100% of such Net Cash Proceeds to redeem outstanding Notes in accordance with Section 2.11(d).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;[Reserved].</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Subject to <font style="color: rgb(0, 0, 0);">Section 2.11(e)</font>, mandatory redemptions of outstanding Notes under this Agreement shall be applied as directed by
        the Issuer (or, in the absence of such direction, <font style="font-style: italic;">first</font>, ratably among the Notes and applied in direct order of maturity to the scheduled installments of principal due in respect of the Notes); <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, each Noteholder shall have the right to elect, by written notice to the Noteholder Representative no later than 12:00 (noon), New York City time, one
        (1) Business Day prior to date of the mandatory redemption of the outstanding Notes, to decline all (but not a portion) of its pro rata share of such redemption other than with respect to a redemption pursuant to clause (d) above (such declined
        amounts, the &#8220;<u>Declined Proceeds</u>&#8221;), in which case such Declined Proceeds shall be retained by the Issuer and its Subsidiaries, subject, in any event, to the prepayment terms of the First Lien Credit Agreement; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further</font>, that a mandatory redemption of outstanding Notes pursuant to 2.11(g) shall be subject to the prior written consent of each Noteholder whose Notes are to be redeemed
        (with respect to such Noteholder&#8217;s pro rata share of such mandatory redemption).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160; &#160; &#160;&#160;&#160; The Issuer shall (i) give prior written notice to the Noteholder Representative of any redemption required under this <font style="color: rgb(0, 0, 0);">Section
          2.11</font> no later than 12:00 (noon), New York City time, three (3) Business Days prior to the date of redemption, and (ii) deliver to the Noteholder Representative, at the time of the making of each such redemption, a certificate signed by a
        Financial Officer of the Issuer setting forth in reasonable detail the calculation of the amount of such redemption. Each notice of redemption shall specify the redemption date and the principal amount of each Note (or portion thereof) to be
        redeemed.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">53</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160; &#160; &#160; Notwithstanding anything in this <font style="color: rgb(0, 0, 0);">Section 2.11</font> to the contrary, if at the time that any redemption would be required under
        clause (a) above, the Issuer is required to (or to offer to) repurchase or prepay any other Indebtedness (including any First Lien Term Loans or Alternative Incremental Facility Debt) secured on a <font style="font-style: italic;">pari passu </font>basis
        with the Obligations pursuant to the terms of the documentation governing such Indebtedness with Net Cash Proceeds (such Indebtedness required to be offered to be so repurchased or prepaid, the &#8220;<u>Other Applicable Indebtedness</u>&#8221;), then the
        Issuer may apply such amount on a pro rata basis to the redemption of the Notes and to the repurchase, redemption or prepayment of the Other Applicable Indebtedness (determined on the basis of the aggregate outstanding principal amount of such
        Notes and Other Applicable Indebtedness at such time); <font style="font-style: italic;">provided </font>that the portion of such prepayment, redemption or repurchase allocated to the Other Applicable Indebtedness shall not exceed the amount of
        such Net Cash Proceeds required to be allocated to the Other Applicable Indebtedness pursuant to the terms thereof, and the remaining amount, if any, thereof shall be allocated to the Notes in accordance with the terms hereof, and the amount
        required to be used to make prepayments or redemptions hereunder shall be reduced accordingly; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further</font>, that to the extent the holders of the Other
        Applicable Indebtedness decline to have such Indebtedness prepaid or repurchased, the declined amount shall promptly (and in any event within five (5) Business Days after the date of such rejection) be applied to prepay the Notes in accordance with
        the terms hereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160;&#160; &#160; &#160; In the event that any distribution (whether in cash, securities or other property) is made to any creditor of, or holder of interests in, a Released Guarantor (other
        than (A) in satisfaction of (x) the DIP Financing or (y) Wind Down Costs or (B) to the extent such distribution is (x) funded by either forgiveness of the DIP Financing and/or a settlement contribution from the Issuer or its Subsidiaries and (y) to
        (i) Oaktree Capital Management, L.P., any of its Affiliates or any fund or managed account of any of the foregoing, up to $3,000,000 in the aggregate or (ii) any other creditor of a Released Guarantor, up to $20,000,000 in the aggregate or (C) any
        distribution to a Released Guarantor) is made after the occurrence of a Specified GEC Bankruptcy Event or in connection with the Ecommerce Restructuring (any such distribution a &#8220;<u>Specified GEC </u>Entity <u>Bankruptcy Distribution</u>&#8221; and the
        aggregate amount of all such distributions the &#8220;<u>Specified GEC </u>Entity <u>Bankruptcy Distribution Amount</u>&#8221;), then the Issuer shall, within five (5) Business Days (or such later time as the Noteholder Representative may agree) after the
        payment of such Specified GEC Entity Bankruptcy Distribution, with the prior written consent of each Noteholder pursuant to Section 2.11(d), prepay the Notes in an aggregate amount equal to 100% of the Specified GEC Entity Bankruptcy Distribution
        Amount (or, if the obligations under the First Lien Credit Agreement are required to be prepaid or redeemed with the Specified GEC Entity Bankruptcy Distribution Amount, then by such lesser percentage of such Specified GEC Entity Bankruptcy
        Distribution Amount such that the obligations under the First Lien Credit Agreement receive no greater than a ratable percentage of such Specified GEC Entity Bankruptcy Distribution Amount based upon the aggregate principal amount of the First Lien
        Term Loans and such obligations under the First Lien Credit Agreement then outstanding; <u>provided</u> that to the extent the holders of such obligations under the First Lien Credit Agreement decline to have such obligations prepaid or redeemed,
        the amount so declined shall promptly (and in any event within five (5) Business Days after the date of such rejection), with the prior written consent of each Noteholder pursuant to Section 2.11(d) be applied to prepay the Notes in accordance with
        the terms hereof.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">54</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(h)&#160;&#160; &#160; &#160;&#160; Notwithstanding any other provisions of Section 2.11(a), (A) to the extent that any of or all the Net Cash Proceeds of any Prepayment Event by a Foreign Subsidiary of
        the Issuer giving rise to a prepayment pursuant to Section 2.11(a) (a &#8220;<u>Foreign Prepayment Event</u>&#8221;) are prohibited or delayed by applicable local law from being repatriated to the Issuer, the portion of such Net Cash Proceeds so affected will
        not be required to be taken into account in determining the amount to be applied to redeem outstanding Notes at the times provided in Section 2.11(a), and such amounts may be retained by such Subsidiary, and once the Issuer has determined in good
        faith that such repatriation of any of such affected Net Cash Proceeds is permitted under the applicable local law, then the amount of such Net Cash Proceeds will be taken into account as soon as practicable in determining the amount to be applied
        (net of additional taxes payable or reserved if such amounts were repatriated) to the redemption of the Notes pursuant to Section 2.11(a), (B) to the extent that and for so long as the Issuer has determined in good faith that repatriation of any of
        or all the Net Cash Proceeds of any Foreign Prepayment Event would have a material adverse tax consequence with respect to such Net Cash Proceeds, the amount of Net Cash Proceeds so affected will not be required to be taken into account in
        determining the amount to be applied to redeem outstanding Notes at the times provided in Section 2.11(a), and such amounts may be retained by such Subsidiary; <font style="font-style: italic;">provided</font> that when the Issuer determines in
        good faith that repatriation of any of or all the Net Cash Proceeds of any Foreign Prepayment Event would no longer have a material adverse tax consequence with respect to such Net Cash Proceeds, such Net Cash Proceeds shall be taken into account
        as soon as practicable in determining the amount to be applied (net of additional taxes payable or reserved against if such amounts were repatriated) to the redemption of the Notes pursuant to Section 2.11(a), and (C) to the extent that and for so
        long as the Issuer has determined in good faith that repatriation of any of or all the Net Cash Proceeds of any Foreign Prepayment Event would give rise to liability (or a material risk of liability) for the directors of such Subsidiary, the Net
        Cash Proceeds so affected will not be required to be taken into account in determining the amount to be applied to redeem outstanding Notes at the times provided in Section 2.11(a), and such amounts may be retained by such Subsidiary; <font style="font-style: italic;">provided</font> that when the Issuer determines in good faith that repatriation of any of or all the Net Cash Proceeds of any Foreign Prepayment Event would no longer give rise to liability for the directors of such
        Subsidiary, such Net Cash Proceeds shall be taken into account as soon as practicable in determining the amount to be applied (net of additional taxes payable or reserved against if such amounts were repatriated) to the redemption of the Notes
        pursuant to Section 2.11(a).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(i)&#160;&#160; &#160; &#160; &#160;&#160; All redemptions under this <font style="color: rgb(0, 0, 0);">Section 2.11</font> shall be accompanied by accrued and unpaid interest on the principal amount to be
        redeemed to but excluding the date of redemption and the Redemption Premium.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.12&#160; &#160; &#160;&#160;&#160;&#160; <u>Requirements; Change in Circumstances</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Notwithstanding any other provision of this Agreement, if any Change in Law shall impose, modify or deem applicable any reserve, special deposit or similar
        requirement against assets of, deposits with or for the account of or credit extended by any Noteholder (except any such reserve requirement which is reflected in the Adjusted Term SOFR), subject any Noteholder to any Tax (other than Indemnified
        Taxes and or Excluded Taxes) or shall impose on such Noteholder or the Term SOFR market any other condition affecting this Agreement or the Notes purchased by such Noteholder due to the Adjusted Term SOFR, and the result of any of the foregoing
        shall be to increase the cost to such Noteholder of making or maintaining any Note or to reduce the amount of any sum received or receivable by such Noteholder hereunder (whether of principal, interest or otherwise), then the Issuer will pay to
        such Noteholder upon demand such additional amount or amounts as will compensate such Noteholder for such additional costs incurred or reduction suffered.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">55</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160; &#160; &#160; If any Noteholder shall have determined that any Change in Law regarding capital adequacy or liquidity has or would have the effect of reducing the rate of return on
        such Noteholder&#8217;s capital or on the capital of such Noteholder&#8217;s holding company, if any, as a consequence of this Agreement or the Notes purchased by such Noteholder pursuant hereto to a level below that which such Noteholder or such Noteholder&#8217;s
        holding company could have achieved but for such Change in Law (taking into consideration such Noteholder&#8217;s policies and the policies of such Noteholder&#8217;s holding company with respect to capital adequacy or liquidity), then from time to time the
        Issuers shall pay to such Noteholder such additional amount or amounts as will compensate such Noteholder or such Noteholder&#8217;s holding company for any such reduction suffered.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160; &#160; A certificate of a Noteholder setting forth the amount or amounts necessary to compensate such Noteholder or its holding company, as applicable, as specified in
        clause (a) or (b) above shall be delivered to the Issuer and shall be conclusive absent manifest error.&#160; The Issuer shall pay such Noteholder the amount shown as due on any such certificate delivered by it within thirty (30) days after its receipt
        of the same.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160; &#160;&#160; &#160; Failure or delay on the part of any Noteholder to demand compensation for any increased costs or reduction in amounts received or receivable or reduction in return
        on capital shall not constitute a waiver of such Noteholder&#8217;s right to demand such compensation; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that the Issuer shall not be under any
        obligation to compensate any Noteholder under clause (a) or (b) above with respect to increased costs or reductions with respect to any period prior to the date that is one hundred eighty (180) days prior to such request if such Noteholder knew or
        could reasonably have been expected to know of the circumstances giving rise to such increased costs or reductions and of the fact that such circumstances would result in a claim for increased compensation by reason of such increased costs or
        reductions; <font style="font-style: italic;">provided further</font>, that the foregoing limitation shall not apply to any increased costs or reductions arising out of the retroactive application of any Change in Law within such 180-day period.&#160;
        The protection of this <font style="color: rgb(0, 0, 0);">Section 2.12</font> shall be available to each Noteholder regardless of any possible contention of the invalidity or inapplicability of the Change in Law that shall have occurred or been
        imposed.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160; &#160; &#160;&#160;&#160;&#160; For the avoidance of doubt, for purposes of this <font style="color: rgb(0, 0, 0);">Section 2.12</font>, all requests, rules, guidelines or directives in connection
        with the Dodd-Frank Wall Street Reform and Consumer Protection Act shall, and all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or
        similar authority) or the United States or foreign regulatory authorities pursuant to Basel III shall, be deemed to be a Change in Law regardless of the date adopted, issued, promulgated or implemented.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; Notwithstanding any other provision of this Section, no Noteholder shall demand compensation for any increased cost or reduction pursuant to this Section 2.12 if (i)
        it shall not at the time be the general policy or practice of such Noteholder to demand such compensation in similar circumstances under comparable provisions of other note purchase agreements and (ii) such increased cost or reduction is due to
        market disruption, unless such circumstances generally affect the private placement market when the Required Noteholders have made such a request.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">56</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.13&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u></u><u>Change in Legality</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160; &#160; &#160; Notwithstanding any other provision of this Agreement but subject to Section 1.09, which shall control in the event of a conflict (as reasonably determined by the
        Noteholder Representative and the Issuer) between this <font style="color: rgb(0, 0, 0);">Section 2.13</font> and Section 1.09, if any Change in Law shall make it unlawful for any Noteholder to make or maintain any Note at the Adjusted Term SOFR
        or to give effect to its obligations as contemplated hereby with respect to the Adjusted Term SOFR, then, by written notice to the Issuer and to the Noteholder Representative:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160; &#160;&#160; such Noteholder may declare that the Adjusted Term SOFR will not thereafter (for the duration of such unlawfulness) be a
        constituent rate in the calculation of interest hereunder; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160; The Noteholder Representative (acting at the direction of the Required Noteholders) and the Issuer shall in good faith
        negotiate an alternative constituent rate to be used to calculate interest hereunder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; For purposes of this <font style="color: rgb(0, 0, 0);">Section 2.13</font>, a notice to the Issuer by any Noteholder shall be effective as to each Notes made by
        such Noteholder, if lawful, on the last day of the Interest Period then applicable to such Notes; in all other cases such notice shall be effective on the date of receipt by the Issuer in accordance with this Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding any other provision of this Agreement, in the event that on or after the date hereof (or, with respect to any Noteholder, such later date on which
        such Noteholder becomes a party to this Agreement) the adoption of or any change in any Law or in the interpretation or application thereof by any competent Governmental Authority shall make it unlawful for a Noteholder or its lending office to
        hold the Notes (and, in the opinion of such Noteholder, the designation of a different lending office would either not avoid such unlawfulness or would be disadvantageous to such Noteholder), then such Noteholder shall promptly notify the Issuer
        thereof, following which if such Law shall so mandate, the Notes shall be prepaid by the Issuer on or before such date as shall be mandated by such Law in accordance with Section 2.10.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.14&#160;&#160;&#160;&#160;&#160; &#160;&#160; <u>Indemnity</u>.&#160; The Issuer shall indemnify each Noteholder against any actual loss (other than loss of margin) or expense that such Noteholder may sustain or incur as a
        consequence of:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160; &#160; &#160;&#160; any event, other than a default by such Noteholder in the performance of its obligations hereunder, which results in such Noteholder receiving any amount on account
        of the principal of any Note prior to the last day of the Interest Period in effect therefor (a &#8220;<u>Breakage Event</u>&#8221;) or</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160; &#160; &#160; any default in the making of any payment or redemption required to be made hereunder.</div>
      <div>&#160;</div>
      <div style="text-align: justify;">In the case of any Breakage Event, such loss shall include an amount equal to the excess, as reasonably determined by such Noteholder, of (i) its cost of obtaining funds for its Note that is the subject of such
        Breakage Event for the period from the date of such Breakage Event to the last day of the Interest Period in effect (or that would have been in effect) for such Note over (ii) the amount of interest likely to be realized by such Noteholder in
        redeploying the funds released or not utilized by reason of such Breakage Event for such period.&#160; A certificate of any Noteholder setting forth any amount or amounts which such Noteholder is entitled to receive pursuant to this <font style="color: rgb(0, 0, 0);">Section 2.14</font> shall be delivered to the Issuer and shall be conclusive absent manifest error.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">57</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.15&#160;&#160;&#160;&#160;&#160; <u>Pro Rata Treatment</u>.&#160; Except as required under <font style="color: rgb(0, 0, 0);">Section 2.13</font>, and as otherwise provided in this Agreement, each Issuance, each
        payment of interest on the Notes and each reduction of the Note Commitments shall be allocated pro rata among the Noteholders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated,
        in accordance with the respective principal amounts of their outstanding Notes).&#160; Each Noteholder agrees that in computing such Noteholder&#8217;s portion of any Issuance to be made hereunder, the Noteholder Representative may, in its discretion, round
        each Noteholder&#8217;s percentage of such Issuance to the next higher or lower whole dollar amount; <font style="font-style: italic;">provided </font>that this <font style="color: rgb(0, 0, 0);">Section 2.15</font> shall not be construed to apply to
        any payment obtained by a Noteholder as consideration for the assignment or sale of a participation in any of its portion of any Note or Commitment to any assignee or participant.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.16&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Sharing of Setoffs</u>.&#160; Each Noteholder agrees that if it shall, through the exercise of a right of banker&#8217;s lien, setoff or counterclaim against the Issuer or any other
        Note Party, or pursuant to a secured claim under Section 506 of the Bankruptcy Code or other security or interest arising from, or in lieu of, such secured claim, received by such Noteholder under any applicable bankruptcy, insolvency or other
        similar law or otherwise, or shall by other means, obtain payment (voluntary or involuntary) in respect of any Note as a result of which the unpaid portion of its Notes shall be proportionately less than the unpaid portion of the Notes of any other
        Noteholder, it shall be deemed simultaneously to have purchased from such other Noteholder at face value, and shall promptly pay to such other Noteholder the purchase price for, a participation in the Notes of such other Noteholder, so that the
        aggregate unpaid amount of the Notes and participations in Notes held by each Noteholder shall be in the same proportion to the aggregate unpaid amount of all Notes then outstanding as the amount of its Notes prior to such exercise of banker&#8217;s
        lien, setoff or counterclaim or other event was to the amount of all Notes outstanding prior to such exercise of banker&#8217;s lien, setoff or counterclaim or other event; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that if any such purchase or purchases or adjustments shall be made pursuant to this <font style="color: rgb(0, 0, 0);">Section 2.16</font> and the payment giving rise thereto shall thereafter be recovered, such purchase
        or purchases or adjustments shall be rescinded to the extent of such recovery and the purchase price or prices or adjustment restored without interest.&#160; The Issuer expressly consents to the foregoing arrangements and agree that, subject to
        applicable Law, any Noteholder holding a participation in a Note deemed to have been so purchased may exercise any and all rights of banker&#8217;s lien, setoff or counterclaim with respect to any and all moneys owing by the Issuer to such Noteholder by
        reason thereof as fully as if such Noteholder had purchased a Note directly from the Issuer in the amount of such participation.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.17&#160;&#160;&#160;&#160; &#160; &#160; <u></u><u>Payments</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Issuer shall make each payment (including principal of or interest on any Issuance or any Fees or other amounts) hereunder and under any other Note Document not
        later than 1:00 p.m., New York City time (or such later time as the Noteholder Representative may agree), on the date when due in immediately available funds, without setoff, defense or counterclaim, in Dollars.&#160; Each such payment shall be made to
        the Noteholder Representative.&#160; Any payments received after 1:00 p.m. may, in the Noteholder Representative&#8217;s sole discretion, be deemed received on the immediately succeeding Business Day.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Except as otherwise expressly provided herein, whenever any payment (including principal of or interest on any Issuance or any Fees or other amounts) hereunder or
        under any other Note Document shall become due, or otherwise would occur, on a day that is not a Business Day, such payment may be made on the next succeeding Business Day, and such extension of time shall in such case be included in the
        computation of interest or Fees, if applicable.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">58</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Unless the Noteholder Representative shall have received notice from the Issuer prior to the date on which any payment is due to the Noteholder Representative for the
        account of the Noteholders hereunder that the Issuer will not make such payment, the Noteholder Representative may assume that the Issuer has made such payment on such date in accordance herewith and may, in reliance upon such assumption,
        distribute to the Noteholders the amount due.&#160; In such event, if the Issuer does not in fact make such payment, then the Noteholders severally agree to repay to the Noteholder Representative forthwith on demand the amount so distributed to such
        Noteholder in immediately available funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Noteholder Representative, at a rate determined by the Noteholder
        Representative to represent its cost of overnight or short-term funds (which determination shall be conclusive absent manifest error).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.18&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Taxes</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; All payments by or on account of any obligation of the Issuer or any other Note Party hereunder or under any other Note Document shall be made free and clear of and
        without deduction or withholding for any Taxes, except as required by applicable Law.&#160; If any applicable Law (as determined in the good faith discretion of an applicable withholding agent) requires the deduction or withholding of any Tax in respect
        of any such payment, the applicable withholding agent shall be entitled to make such deductions or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Law. If
        such Tax is an Indemnified Tax, the sum payable by the applicable Note Party shall be increased as necessary so that after making all required deductions and withholdings (including deductions and withholdings applicable to additional sums payable
        under this Section 2.18), each Noteholder (or, in the case of payments made to the Noteholder Representative for its own account, the Noteholder Representative) receives an amount equal to the sum it would have received had no such deductions or
        withholdings been made.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Without duplication of the prior subsection (a), the Note Parties shall jointly and severally timely pay all Other Taxes to the relevant Governmental Authority in
        accordance with applicable Law, or at the option of the Noteholder Representative, timely reimburse it for the payment of any Other Taxes.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Note Parties shall jointly and severally indemnify and hold the Noteholder Representative and each Noteholder harmless, within ten (10) days after demand therefor,
        for the full amount of any Indemnified Taxes paid or payable by the Noteholder Representative or such Noteholder, as the case may be, (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section 2.18)
        and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority.&#160; A certificate as to the amount of such payment or
        liability delivered to the Issuer by a Noteholder, or by the Noteholder Representative on its behalf or on behalf of a Noteholder, shall be conclusive absent manifest error.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">59</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160; &#160; &#160;&#160; Each Noteholder shall, and does hereby, severally indemnify and hold the Noteholder Representative harmless and shall make payment in respect thereof within ten (10)
        days after demand therefor, (i) against any Indemnified Taxes attributable to such Noteholder (but only to the extent that any Note Party has not already indemnified the Noteholder Representative for such Indemnified Taxes and without limiting the
        obligation of the Note Parties to do so), (ii) against any Taxes attributable to such Noteholder&#8217;s failure to comply with the provisions of Section 9.04(f) relating to the maintenance of a Participant Register and (iii) against any Excluded Taxes
        attributable to such Noteholder, in each case, that are payable or paid by the Noteholder Representative in connection with any Note Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were
        correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Noteholder by the Noteholder Representative shall be conclusive absent manifest error.&#160;&#160;
        Each Noteholder hereby authorizes the Noteholder Representative to set off and apply any and all amounts at any time owing to such Noteholder under this Agreement or any other Note Document against any amount due the Noteholder Representative under
        this paragraph.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160; As soon as practicable after any payment of any Taxes by the Issuer or any other Note Party to a Governmental Authority pursuant to this Section 2.18, the Issuer shall
        deliver to the Noteholder Representative the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably
        satisfactory to the Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Status of Noteholders</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Any Noteholder that is entitled to an exemption from or reduction of any withholding Tax with respect to any payments made
        under any Note Document shall deliver to the Issuer and the Noteholder Representative, at the time or times reasonably requested by the Issuer or the Noteholder Representative, such properly completed and executed documentation as the Issuer or the
        Noteholder Representative may reasonably request to permit such payments to be made without withholding or at a reduced rate of withholding.&#160; In addition, any Noteholder, if reasonably requested by the Issuer or the Noteholder Representative, shall
        deliver such other documentation prescribed by applicable Law or reasonably requested by the Issuer or the Noteholder Representative as will enable the Issuer or the Noteholder Representative to determine whether or not such Noteholder is subject
        to backup withholding or information reporting requirements.&#160; Notwithstanding anything to the contrary in the immediately preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set
        forth in Sections <font style="color: rgb(0, 0, 0);">2.18(f)(ii)(A)</font>, (B) and (D)) shall not be required if in the Noteholder&#8217;s reasonable judgment such completion, execution or submission would subject such Noteholder to any material
        unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Noteholder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160; &#160;&#160; Without limiting the generality of the foregoing,</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 108pt;"><font style="color: rgb(1, 0, 0);">(A)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; each Noteholder that is not a Foreign Noteholder shall deliver to the Issuer and the Noteholder Representative on or prior
        to the date on which such Noteholder becomes a Noteholder under this Agreement (and from time to time thereafter upon the reasonable request of the Issuer or the Noteholder Representative), executed copies of IRS Form W-9 certifying that such
        Noteholder is exempt from U.S. federal backup withholding tax;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 108pt;"><font style="color: rgb(1, 0, 0);">(B)</font>&#160;&#160;&#160;&#160;&#160; &#160;&#160; each Foreign Noteholder shall, to the extent it is legally entitled to do so, deliver to the Issuer and the Noteholder
        Representative on or prior to the date on which such Foreign Noteholder becomes a Noteholder under this Agreement (and from time to time thereafter upon the reasonable request of the Issuer or the Noteholder Representative), whichever of the
        following is applicable:</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">60</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 144pt;"><font style="color: rgb(1, 0, 0);">(1)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; in the case of any Foreign Noteholder claiming the benefits of an income tax treaty to which the U.S. is a party (x) with
        respect to payments of interest under any Note Document, executed copies of IRS Form W-8BEN or IRS Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the &#8220;interest&#8221; article of such tax treaty and
        (y) with respect to any other applicable payments under any Note Document, IRS Form W-8BEN or IRS Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the &#8220;business profits&#8221; or &#8220;other income&#8221;
        article of such tax treaty;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 144pt;"><font style="color: rgb(1, 0, 0);">(2)</font>&#160;&#160;&#160;&#160;&#160; &#160; two executed copies of IRS Form W-8ECI;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 144pt;"><font style="color: rgb(1, 0, 0);">(3)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; in the case of any Foreign Noteholder claiming the benefits of the exemption for portfolio interest under Section 871(h) or
        881(c) of the Code, (x)&#160; executed copies of a certificate substantially in the form of <u>Exhibit H-1</u> to the effect that such Foreign Noteholder is not a &#8220;bank&#8221; within the meaning of Section 881(c)(3)(A) of the Code, a &#8220;10 percent shareholder&#8221;
        of the Issuer within the meaning of Section 871(h)(3)(B) of the Code, or a &#8220;controlled foreign corporation&#8221; described in Section 881(c)(3)(C) of the Code, and that no payments payable to such Noteholder are effectively connected with the conduct of
        a U.S. trade or business (a &#8220;<u>U.S. Tax Compliance Certificate</u>&#8221;) and (y) two executed copies of IRS Form W-8BEN or IRS Form W-8BEN-E; or</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 144pt;"><font style="color: rgb(1, 0, 0);">(4)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; to the extent any Foreign Noteholder is not the beneficial owner, two executed copies of IRS Form W-8IMY, accompanied by IRS
        Form W-8ECI, IRS Form W-8BEN, IRS Form W-8BEN-E, a U.S. Tax Compliance Certificate substantially in the form of <u>Exhibit H-2</u>, <u>Exhibit H-3</u> or <u>Exhibit H-4</u>, IRS Form W-9, and/or other certification documents from each beneficial
        owner, as applicable; <font style="font-style: italic;">provided </font>that if such Foreign Noteholder is a partnership (and not a participating Noteholder) and one or more direct or indirect partners of such Foreign Noteholder are claiming the
        portfolio interest exemption, such Foreign Noteholder may provide a U.S. Tax Compliance Certificate substantially in the form of <u>Exhibit H-3</u> on behalf of each such direct or indirect partner;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 108pt;"><font style="color: rgb(1, 0, 0);">(C)</font>&#160;&#160;&#160;&#160; &#160; &#160; each Foreign Noteholder shall, to the extent it is legally entitled to do so, deliver to the Issuer and the Noteholder
        Representative on or prior to the date on which such Foreign Noteholder becomes a Noteholder under this Agreement (and from time to time thereafter upon the reasonable request of the Issuer or the Noteholder Representative), executed copies of any
        other form prescribed by applicable Law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable Law to permit the
        Issuer or the Noteholder Representative to determine the withholding or deduction required to be made;&#160; and</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">61</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 108pt;"><font style="color: rgb(1, 0, 0);">(D)</font>&#160; &#160; &#160;&#160;&#160; if a payment made to any Noteholder under any Note Document would be subject to U.S. federal withholding Tax imposed by
        FATCA if such Noteholder were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Noteholder shall deliver to the Issuer and the Noteholder
        Representative at the time or times prescribed by applicable Law and at such time or times reasonably requested by the Issuer or the Noteholder Representative such documentation as is prescribed by applicable requirements of Law (including as
        prescribed by Section 1471(b)(3)(C)(i) of the Code) and may be necessary for the Issuer and the Noteholder Representative to comply with their obligations under FATCA, to determine whether such Noteholder has complied with such Noteholder&#8217;s
        obligations under FATCA and to determine the amount, if any, to deduct and withhold from such payment.&#160; Solely for purposes of this <font style="color: rgb(0, 0, 0);">Section 2.18(f)(ii)(D)</font>, the term &#8220;FATCA&#8221; shall include any amendments
        made to FATCA after the date of this Agreement and the term &#8220;Noteholder&#8221; shall include the Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 108pt;"><font style="color: rgb(1, 0, 0);">(E)</font>&#160;&#160;&#160; &#160; &#160;&#160; if the Noteholder Representative is a &#8220;United States person&#8221; within the meaning of Section 7701(a)(30) of the Code (a &#8220;<u>U.S.
          Person</u>&#8221;), it shall provide the Issuer, on or prior to the date that it becomes a party to this Agreement, with an executed copy of IRS Form W-9 or (2) if the Noteholder Representative is not a U.S. Person, then it shall provide the Issuer
        with an executed copy of IRS Form W-8ECI with respect to fees received on its own behalf and any such other documentation prescribed by applicable Law and reasonably requested by the Issuer that would allow the applicable Issuer to make payments to
        the Noteholder Representative with respect to such fees without deduction or withholding of any U.S. federal withholding Taxes.&#160; If the Noteholder Representative is not a U.S. Person, such Noteholder Representative shall provide the Issuer, on or
        prior to the date that it becomes a party to this Agreement, with a duly completed copy of IRS Form W-8IMY (or successor form) certifying that it is either (i) a &#8220;qualified intermediary&#8221; and that it assumes primary withholding responsibility under
        Chapters 3 and 4 of the Code and primary Form 1099 reporting and backup withholding responsibility for payments it receives for the account of others or (ii) a &#8220;U.S. branch&#8221; and that the payments it receives for the account of others are not
        effectively connected with the conduct of a trade or business in the U.S. and that it is using such form as evidence of its agreement with the Issuer to be treated as a United States person with respect to such payments (and the Issuer and the
        Noteholder Representative agree to so treat the Noteholder Representative as a United States person with respect to such payments as contemplated by U.S. Treasury Regulations Section 1.1441-1(b)(2)(iv)(A)), with the effect that the Issuer can make
        payments to the Noteholder Representative without deduction or withholding of any Taxes imposed by the United States.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">62</font></div>
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      </div>
      <div>Each Noteholder agrees that if any documentation it previously delivered pursuant to this <font style="color: rgb(0, 0, 0);">Section 2.18(f)</font> expires or becomes obsolete or inaccurate in any respect, it shall update such documentation or
        promptly notify the Issuer and the Noteholder Representative in writing of its legal inability to do so.&#160; Each Noteholder hereby authorizes the Noteholder Representative to deliver to the Note Parties and to any successor Noteholder Representative
        any documentation provided by such Noteholder to the Noteholder Representative pursuant to this <font style="color: rgb(0, 0, 0);">Section 2.18(f)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160; &#160; &#160;&#160;&#160; If the Noteholder Representative or any Noteholder determines, in its sole discretion, that it has received a refund of any Indemnified Taxes or Other Taxes as to
        which it has been indemnified by the Issuer or any other Note Party or with respect to which such other Note Party has paid additional amounts pursuant to this Section 2.18, it shall pay over such refund to the Issuer or such Note Party (but only
        to the extent of indemnity payments made, or additional amounts paid, by the Issuer or such Note Party under this Section 2.18 with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses of the Noteholder Representative
        or such Noteholder (including Taxes), and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such
        indemnified party the amount paid over pursuant to this clause (g) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) in the event that such indemnified party is required to repay such refund to such
        Governmental Authority. Notwithstanding anything to the contrary in this clause (g), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this clause (g) to the extent that the payment thereof
        would place the indemnified party in a less favorable net after-Tax position than the position that the indemnified party would have been in if the Tax subject to indemnification had not been deducted, withheld or otherwise imposed and the
        indemnification payments or additional amounts giving rise to such refund had never been paid.&#160; This <font style="color: rgb(0, 0, 0);">Section 2.18(g)</font> shall not be construed to require any indemnified party to make available its Tax
        returns (or any other information relating to its Taxes which it deems confidential) to the Issuer, any other Note Party or any other person.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each party&#8217;s obligations under this Section 2.18 shall survive the resignation or replacement of the Noteholder Representative or any assignment of rights by, or the
        replacement of, a Noteholder, the termination of the Note Documents, the termination of the Commitments and the repayment, satisfaction or discharge of all obligations under any Note Document.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">63</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.19&#160;&#160; &#160; &#160;&#160;&#160; <u>Assignment of Commitments Under Certain Circumstances</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160; &#160;&#160; &#160;&#160; In the event (i) the Issuer or any other Note Party is required to pay any additional amount to or indemnify any Noteholder or any Governmental Authority on account
        of any Noteholder pursuant to Section 2.12 or <font style="color: rgb(0, 0, 0);">Section 2.18</font>, (ii) any Noteholder has become a Defaulting Noteholder or (iii) any Noteholder refuses to consent to any amendment, consent, waiver or other
        modification of any Note Document requested by the Issuer that requires the consent of all Noteholders, all affected Noteholders or a greater percentage of the Noteholders than the Required Noteholders and such amendment, consent, waiver or other
        modification is consented to by the Required Noteholders, the Issuer may, at its sole expense and effort (including with respect to the processing and recordation fee referred to in Section 9.04(c)), upon notice to such Noteholder and the
        Noteholder Representative, require such Noteholder to transfer and assign, without recourse (in accordance with and subject to the restrictions contained in <font style="color: rgb(0, 0, 0);">Section 9.04</font>), all of its interests, rights and
        obligations under this Agreement (or, in the case of clause (ii) above, all of its interests, rights and obligations with respect to the Commitments that is the subject of the related consent, amendment, waiver or other modification) to an assignee
        that shall assume such assigned obligations (which assignee may be another Noteholder, if a Noteholder accepts such assignment); <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that (x) such
        assignment shall not conflict with any law, rule or regulation or order of any court or other Governmental Authority having jurisdiction, (y) the Issuer shall have received the prior written consent of the Noteholder Representative, which consent
        shall not unreasonably be withheld (it being acknowledged and agreed that (A) the consent of the Noteholder Representative shall not be required under this clause (y) in the case of an assignment of a Note to a Noteholder or an Affiliate or Related
        Fund of a Noteholder and (B) the consent of any person that would otherwise be required under this clause (y) shall not be required if such person is the Noteholder required to make any such transfer and assignment hereunder), and (z) the Issuer or
        such assignee shall have paid to the applicable Noteholder in immediately available funds an amount equal to the sum of the principal of, and interest accrued to the date of such payment on, the outstanding Notes of such Noteholder plus all Fees
        and other amounts accrued for the account of such Noteholder hereunder (including any Redemption Premium); <font style="font-style: italic;">provided further</font>, that, no such transfer and assignment shall be required if prior to any such
        transfer and assignment, the circumstances or event that resulted in the amounts paid pursuant to <font style="color: rgb(0, 0, 0);">Section 2.18</font> cease to result in amounts being payable under <font style="color: rgb(0, 0, 0);">Section
          2.18</font> (including as a result of any action taken by such Noteholder pursuant to clause (b) below).&#160; Each Noteholder hereby grants to the Noteholder Representative an irrevocable power of attorney (which power is coupled with an interest) to
        execute and deliver, on behalf of such Noteholder as assignor, any Assignment and Acceptance necessary to effectuate any assignment of such Noteholder&#8217;s interests hereunder in the circumstances contemplated by this <font style="color: rgb(0, 0, 0);">Section 2.19(a)</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160; &#160; &#160; If the Issuer or any other Note Party is required to pay any additional amount to or indemnify any Noteholder or any Governmental Authority on account of any
        Noteholder, pursuant to <font style="color: rgb(0, 0, 0);">Section 2.18</font>, then such Noteholder shall use reasonable efforts (which shall not require such Noteholder to incur an unreimbursed loss or unreimbursed cost or expense or otherwise
        take any action inconsistent with its internal policies or legal or regulatory restrictions or suffer any disadvantage or burden deemed by it to be significant) (x) to file any certificate or document reasonably requested in writing by the Issuer
        or (y) to assign its rights and delegate and transfer its obligations hereunder to another of its offices, branches or Affiliates, if such filing or assignment would reduce amounts payable pursuant to <font style="color: rgb(0, 0, 0);">Section
          2.18</font>, as the case may be, in the future.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.20&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Benchmark Replacement Setting</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160; &#160; &#160; <u>Benchmark Replacement</u>.&#160; Notwithstanding anything to the contrary herein or in any other Note Document, upon the occurrence of a Benchmark Transition Event,
        the Noteholder Representative (acting at the direction of the Required Noteholders) and the Issuer may amend this Agreement to replace the then-current Benchmark with a Benchmark Replacement.&#160; Any such amendment with respect to a Benchmark
        Transition Event will become effective at 5:00 p.m., New York City time, on the fifth (5th) Business Day after the Noteholder Representative has posted such proposed amendment to all affected Noteholders and the Issuer.&#160; No replacement of a
        Benchmark with a Benchmark Replacement pursuant to this <font style="color: rgb(0, 0, 0);">Section 2.20(a)</font> will occur prior to the applicable Benchmark Transition Start Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160; &#160; &#160; <u>Benchmark Replacement Conforming Changes</u>.&#160; In connection with the use, administration, adoption or implementation of a Benchmark Replacement, the Noteholder
        Representative (acting at the direction of the Required Noteholders) will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Note Document, any amendments implementing
        such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Note Document.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">64</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160; <u>Notices; Standards for Decisions and Determinations</u>.&#160; The Noteholder Representative will promptly notify the Issuer and the Noteholders of (i) the
        implementation of any Benchmark Replacement and (ii) the effectiveness of any Conforming Changes in connection with the use, administration, adoption or implementation of a Benchmark Replacement.&#160; The Noteholder Representative will notify the
        Issuer of (x) [reserved] and (y) the commencement of any Benchmark Unavailability Period.&#160; Any determination, decision or election that may be made by the Noteholder Representative or, if applicable, any Noteholder (or group of Noteholders)
        pursuant to this <font style="color: rgb(0, 0, 0);">Section 2.20</font>, including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or
        refrain from taking any action or any selection, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and without consent from any other party to this Agreement or any other Note Document, except, in
        each case, as expressly required pursuant to this <font style="color: rgb(0, 0, 0);">Section 2.20</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160; &#160; &#160; <u>[Reserved]</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160; &#160; <u>Benchmark Unavailability Period</u>.&#160; Upon the Issuer&#8217;s receipt of notice of the commencement of a Benchmark Unavailability Period, the Issuer may revoke any
        pending Issuance of, conversion to or continuation of Notes to be made, converted or continued during any Benchmark Unavailability Period.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 2.21&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Defaulting Noteholders</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding anything to the contrary contained in this Agreement, if any Noteholder becomes a Defaulting Noteholder, then, until such time as such Noteholder is no
        longer a Defaulting Noteholder, to the extent permitted by applicable Law:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Such Defaulting Noteholder&#8217;s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement
        shall be restricted as set forth in the definitions of &#8220;Required Noteholders&#8221;.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Any payment of principal, interest, fees or other amounts received by the Noteholder Representative for the account of such
        Defaulting Noteholder (whether voluntary or mandatory, at maturity, pursuant to <font style="color: rgb(0, 0, 0);">Section 7.01</font> or otherwise) or received by the Noteholder Representative from a Defaulting Noteholder pursuant to <font style="color: rgb(0, 0, 0);">Section 9.06</font> shall be applied at such time or times as may be determined by the Noteholder Representative as follows: <font style="font-style: italic;">first</font>, to the payment of any amounts owing by such
        Defaulting Noteholder to the Noteholder Representative hereunder; <font style="font-style: italic;">second</font>, as the Issuer may request (so long as no Default or Event of Default exists), to the funding of any Note in respect of which such
        Defaulting Noteholder has failed to fund as required by this Agreement, as determined by the Noteholder Representative; <font style="font-style: italic;">third</font>, if so determined by the Noteholder Representative and the Issuer, to be held in
        a deposit account and released pro rata in order to satisfy such Defaulting Noteholder&#8217;s potential future funding obligations with respect to Notes under this Agreement; <font style="font-style: italic;">fourth</font>, to the payment of any
        amounts owing to the Noteholders as a result of any judgment of a court of competent jurisdiction obtained by any Noteholder against such Defaulting Noteholder as a result of such Defaulting Noteholder&#8217;s breach of its obligations under this
        Agreement; <font style="font-style: italic;">fifth</font>, so long as no Default or Event of Default exists, to the payment of any amounts owing to the Issuer as a result of any judgment of a court of competent jurisdiction obtained by the Issuer
        against such Defaulting Noteholder as a result of such Defaulting Noteholder&#8217;s breach of its obligations under this Agreement; and <font style="font-style: italic;">sixth</font>, to such Defaulting Noteholder or as otherwise directed by a court of
        competent jurisdiction.&#160; Any payments, redemptions or other amounts paid or payable to a Defaulting Noteholder that are applied (or held) to pay amounts owed by a Defaulting Noteholder shall be deemed paid to and redirected by such Defaulting
        Noteholder, and each Noteholder irrevocably consents hereto.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">65</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160; &#160;&#160;&#160;&#160; If the Issuer and the Noteholder Representative agree in writing that a Noteholder is no longer a Defaulting Noteholder, the Noteholder Representative will so notify
        the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include arrangements with respect to any cash collateral), that Noteholder will, to the extent applicable,
        purchase at par that portion of outstanding Notes of the other Noteholders or take such other actions as the Noteholder Representative may determine to be necessary to cause the Notes to be held pro rata by the Noteholders in accordance with the
        Note Commitments under the applicable facility, whereupon such Noteholder will cease to be a Defaulting Noteholder; <font style="font-style: italic;">provided </font>that no adjustments will be made retroactively with respect to fees accrued or
        payments made by or on behalf of the Issuer while that Noteholder was a Defaulting Noteholder; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further</font>, that except to the extent otherwise expressly
        agreed by the affected parties, no change hereunder from Defaulting Noteholder to Noteholder will constitute a waiver or release of any claim of any party hereunder arising from that Noteholder&#8217;s having been a Defaulting Noteholder.</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(1, 0, 0); font-weight: bold;">ARTICLE III</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">REPRESENTATIONS AND WARRANTIES</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">The Issuer (with respect to itself and, where applicable, its Subsidiaries) represents and warrants to the Noteholder Representative and the Noteholders, after giving effect to this Agreement, at
        the time of Issuance:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.01&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Organization; Powers</u>.&#160; Each of the Issuer and its Subsidiaries (a) is duly organized, validly existing and, to the extent that such concept is applicable in the relevant
        jurisdiction, in good standing (to the extent such concept exists in the relevant jurisdictions) under the laws of the jurisdiction of its organization (except, in the case of any Subsidiary, to the extent the failure to be so could not (either
        individually or in the aggregate) reasonably be expected to result in a Material Adverse Effect), (b) has the corporate or other organizational power and authority to carry on its business as now conducted, to execute, deliver and perform its
        obligations under this Agreement and each other Note Document and (c) except where the failure to be so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect, is qualified to do business in, and,
        to the extent that such concept exists in the relevant jurisdiction, is in good standing in, every jurisdiction where such qualification is required.</div>
      <div>&#160;</div>
      <div style="text-indent: 36pt;">Section 3.02&#160;&#160;&#160;&#160; &#160; &#160; <u>Authorization; Due Execution and Delivery; Enforceability</u>.&#160; This Agreement has been duly authorized, executed and delivered by the Issuer and constitutes, and each other Note Document to
        which any Note Party is to be a party, when executed and delivered by such Note Party, will constitute, a legal, valid and binding obligation of the Issuer or such Note Party, as applicable, enforceable against such Person in accordance with its
        terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors&#8217; rights generally and subject to general principles of equity, regardless of whether considered in a proceeding
        in equity or at law.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">66</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-indent: 36pt;">Section 3.03&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Governmental Approvals; No Conflicts</u><u>.</u>&#160; The execution, delivery and performance by each Note Party of each Note Document to which it is a party (a) as of the date such Note Document
        is executed, do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect and except (i) filings necessary to
        perfect Liens created under the Note Documents or (ii) where failure to obtain such consent or approval, or make such registration or filing, in the aggregate, would not reasonably be expected to have a Material Adverse Effect, (b) will not violate
        any Law applicable to the Issuer or any Subsidiary, (c) will not violate or result in a default under any indenture, agreement or other instrument binding upon the Issuer or any Subsidiary or their respective assets, or give rise to a right
        thereunder to require any payment, repurchase or redemption to be made by the Issuer or any Subsidiary or give rise to a right of, or result in, termination, cancelation or acceleration of any obligation thereunder, except with respect to any
        violation, default, payment, repurchase, redemption, termination, cancellation or acceleration under this clause (c) or clause (b) above that would not reasonably be expected to have a Material Adverse Effect and (d) will not result in the creation
        or imposition of any Lien on any asset of the Issuer or any Subsidiary, except Liens created under the Note Documents or permitted by Section 6.02.</div>
      <div>&#160;</div>
      <div style="text-indent: 36pt;">Section 3.04&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Financial Condition; No Material Adverse Change</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160; &#160; &#160; The Audited Financial Statements and the Unaudited Financial Statements present fairly, in all material respects, the financial position of the Issuer and the
        Subsidiaries on a combined consolidated basis as of such dates and their results of operations and cash flows for the period covered thereby, and were prepared in accordance with GAAP consistently applied throughout the period covered thereby
        except as otherwise expressly noted therein, subject to normal year-end audit adjustments and, in the case of the Unaudited Financial Statements, the absence of footnotes.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Since December 31, 2022, no event, change or condition has occurred that has had, or would reasonably be expected to have, a Material Adverse Effect.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.05&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Properties</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each of the Issuer and its Subsidiaries has good title to, or valid leasehold (or license or similar) interests in or other limited property interests in, all its
        real and personal property necessary for the conduct of its business (including the Mortgaged Properties), (i) free and clear of Liens, other than Liens expressly permitted by Section 6.02 and (ii) except for minor defects in title or interest that
        do not interfere with its ability to conduct its business as currently conducted or as proposed to be conducted or to utilize such properties for their intended purposes, in each case, except where the failure to do so would not reasonably be
        expected to have, individually or in the aggregate, a Material Adverse Effect.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">67</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160; &#160; &#160; Each of the Issuer and its Subsidiaries owns free and clear of all Liens (other than Liens expressly permitted under Section 6.02), or has, to the knowledge of the
        Issuer and its Subsidiaries, a valid and enforceable right to use, any and all trademarks, service marks, trade names, corporate names, logos, domain names, URLs, copyrights (including published and unpublished works of authorship, website and
        mobile content, data and other compilations of information, and any moral rights therein or thereto), rights in software, patents, patent rights, trade secrets, database rights, design rights and any and all other intellectual property or similar
        proprietary rights throughout the world and all common law rights, registrations and applications for registrations, renewals, extensions, reissuances and divisionals therefor (collectively, &#8220;<u>IP Rights</u>&#8221;) that are used in or necessary for its
        business as currently conducted, and the use of such IP Rights by the Issuer and each Subsidiary does not infringe upon, misappropriate or otherwise violate the rights of any other Person, except, in each case, for any such failures to own or have
        rights to use, or any such infringements, misappropriations or other violations that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.&#160; No claim or litigation regarding any IP Rights owned
        (including with respect to the validity or enforceability of such owned IP Rights) or used by the Issuer or any Subsidiary is pending or, to the knowledge of the Issuer or any Subsidiary, threatened against the Issuer or any Subsidiary that,
        individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.06&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Litigation and Environmental Matters</u><u>.</u></div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Issuer, threatened in
        writing against or affecting the Issuer or any Subsidiary that would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Except with respect to any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect, none of the Issuer
        or any Subsidiary (i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law, (ii) has become subject to any Environmental Liability or, to
        the knowledge of the Issuer or any Subsidiary, there is a reasonable basis for any such Environmental Liability, (iii) has received notice of any notice or claim with respect to any Environmental Liability, or (iv) is reasonably expected to incur
        any Environmental Liability with respect to any Release on any real property now or previously owned, leased or operated by it or on any third party property.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.07&#160;&#160;&#160;&#160;&#160;&#160; <u>Compliance with Laws</u><u>.</u>&#160; Each of the Issuer and its Subsidiaries is in compliance with all Laws, except where the failure to do so, individually or in the aggregate,
        would not reasonably be expected to result in a Material Adverse Effect.</div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="text-indent: 36pt;">Section 3.08&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u></u><u>Sanctions; Anti-Corruption Laws</u><u>.</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160; &#160;&#160; The Issuer has implemented and maintains in effect policies and procedures designed to promote compliance by the Issuer, its Subsidiaries and their respective
        directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions, and the Issuer and its Subsidiaries and their respective officers and employees (when acting in their role as officers and employees).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160; &#160; To the knowledge of the Issuer, the respective directors of the Issuer and its Subsidiaries (when acting in their role as directors) and agents (in their capacity as
        such) are in compliance in all material respects with Anti-Corruption Laws and applicable Sanctions and are not knowingly engaged in any activity that would reasonably be expected to result in the Issuer being designated as a Sanctioned Person.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">68</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160; None of the Issuer, any Subsidiary or any of their respective directors, officers or employees is a Sanctioned Person.&#160; None of the Issuer or any Subsidiary is
        operating, organized or resident in any Sanctioned Country.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.09&#160;&#160;&#160; &#160;&#160; &#160; <u>Investment Company Status</u><u>.</u>&#160; None of the Issuer or any other Note Party is required to register as an &#8220;investment company&#8221; under the Investment Company Act.</div>
      <div>
        <div style="text-indent: 36pt;">&#160;</div>
      </div>
      <div style="text-indent: 36pt;">Section 3.10&#160;&#160;&#160;&#160;&#160; &#160;&#160; <u>Federal Reserve Regulations</u><u>.</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;None of the Issuer or any Subsidiary is engaged or will engage, principally or as one of its important activities, in the business of purchasing or carrying margin
        stock (within the meaning of Regulation U of the Board of Governors) or extending credit for the purpose of purchasing or carrying margin stock.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;No part of the proceeds of the Notes will be used, directly or indirectly, for any purpose that violates the provisions of Regulations U or X of the Board of
        Governors.</div>
      <div>&#160;</div>
      <div style="text-indent: 36pt;">Section 3.11&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Taxes</u><u>.</u>&#160; Except to the extent that failure to do so would not reasonably be expected to result in a Material Adverse Effect, each of the Issuer and each Subsidiary (a) has timely
        filed or caused to be timely filed all Tax returns and reports required to have been filed by it and (b) has timely paid or caused to be timely paid all Taxes required to have been paid by it, except where the validity or amount thereof is being
        contested in good faith by appropriate proceedings, if the Issuer or such Subsidiary, as applicable, has set aside on its books adequate reserves therefor in accordance with GAAP.</div>
      <div style="text-indent: 36pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.12&#160;&#160;&#160;&#160; &#160; &#160; <u>ERISA</u><u>.</u></div>
      <div>
        <div style="text-indent: 36pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Except as would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, no ERISA Event has occurred or is reasonably expected
        to occur.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Except as would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, (i) each Foreign Pension Plan is in compliance in all
        material respects with all Laws applicable thereto and the respective requirements of the governing documents for such plan, (ii) with respect to each Foreign Pension Plan, none of the Issuer, its Affiliates or any of their respective directors,
        officers, employees or agents has engaged in a transaction that could subject the Issuer or any Subsidiary, directly or indirectly, to a tax or civil penalty and (iii) with respect to each Foreign Pension Plan, any underfunding has been reflected
        in the financial statements furnished to Noteholders in respect of any unfunded liabilities in accordance with GAAP.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.13&#160;&#160;&#160;&#160; &#160; <u>Disclosure</u>. As of the Closing Date, no reports, financial statements, certificates or other written information furnished by or on behalf of the Issuer or any Subsidiary
        to the Noteholder Representative Agent or any Noteholder on or before the Closing Date in connection with the negotiation of this Agreement or any other Note Document, included herein or therein or furnished hereunder or thereunder (as modified or
        supplemented by other information so furnished and taken as a whole) contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were
        made, not materially misleading; <font style="font-style: italic;">provided</font> that, with respect to projected financial information, the Issuer represents only that such information, when taken as a whole, was prepared in good faith based
        upon assumptions believed by it to be reasonable at the time so furnished (it being understood and agreed that (i) such projected financial information is merely a prediction as to future events and are not to be viewed as facts, (ii) such
        projected financial information is subject to significant uncertainties and contingencies, many of which are beyond the control of the Issuer or any of its Subsidiaries and (iii) no assurance can be given that any particular projected financial
        information will be realized and that actual results during the period or periods covered by any such projected financial information may differ significantly from the projected results and such differences may be material).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">69</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.14&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Subsidiaries</u><u>.</u>&#160; As of the Closing Date, <u>Schedule 3.14</u> sets forth the name of, and the ownership interest of the Issuer and each Subsidiary in, each
        Subsidiary and identifies each Subsidiary that is a Note Party, after giving effect to the Transactions.</div>
      <div>
        <div style="text-indent: 36pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.15&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Solvency</u><u>.</u>&#160; As of the Closing Date, after giving effect to the Transactions, (a) the fair value of the assets of the Issuer and its Subsidiaries, taken as a whole,
        at a fair valuation, will exceed their debts and liabilities, subordinated, contingent or otherwise, (b) the present fair saleable value of the property of the Issuer and its Subsidiaries, taken as a whole, will be greater than the amount that will
        be required to pay the probable liability of their debts and other liabilities, subordinated, contingent or otherwise, as such debts and other liabilities become absolute and matured, (c) the Issuer and its Subsidiaries, taken as a whole, will be
        able to pay their debts and liabilities, subordinated, contingent or otherwise, as such debts and liabilities become absolute and matured and (d) the Issuer and its Subsidiaries, taken as a whole, will not have unreasonably small capital with which
        to conduct the business in which they are engaged as such business is now conducted.&#160; For purposes of this Section, the amount of contingent liabilities at any time shall be computed as the amount that, in light of all the facts and circumstances
        existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.</div>
      <div>
        <div><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.16&#160;&#160;&#160;&#160; &#160; &#160; <u>Collateral Matters</u><u>.</u></div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160; &#160;&#160; Each Security Document, is effective to create (to the extent described therein) in favor of the Noteholder Representative for the benefit of the Secured Parties a
        legal, valid, enforceable security interest in the Collateral to the extent intended to be created thereby and (x) when all financing statements and other appropriate filings or recordings are made in the appropriate offices as may be required
        under applicable law and filings and recordation with the United States Patent and Trademark Office and the United States Copyright Office (which filings or recordings shall be made to the extent required by the applicable Security Document) and
        (y) when the taking of possession by the Noteholder Representative (or the First Lien Term Agent as bailee for the Noteholder Representative in accordance with the terms of the Intercreditor Agreement) of such Collateral with respect to which a
        security interest may be perfected by possession (which possession shall be given to the Noteholder Representative (or the First Lien Term Agent as bailee for the Noteholder Representative in accordance with the terms of the Intercreditor
        Agreement) to the extent possession by the Noteholder Representative is required by the applicable Security Document) occurs, together with appropriate stock powers or other similar instruments of transfer duly executed in blank, then the security
        interests created by the Security Documents shall constitute so far as possible under relevant law fully perfected Liens on, and security interests in (in each case with respect to such Liens and security interests, to the extent intended to be
        created thereby and required to be perfected under the Note Documents) all right, title and interest of the Note Parties in such Collateral in each case prior and superior in right to any other Person, subject to Liens permitted under Section 6.02.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">70</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160; &#160; Each Mortgage, upon execution and delivery thereof by the parties thereto, will create in favor of the Noteholder Representative, for the benefit of the Secured
        Parties, a legal, valid and enforceable security interest in all the applicable mortgagor&#8217;s right, title and interest in and to the Mortgaged Properties subject thereto and the proceeds thereof under the laws of the relevant jurisdiction as
        indicated in the Mortgage, and when the Mortgages have been filed in the jurisdictions specified therein, the Mortgages will constitute a fully perfected security interest in all right, title and interest of the mortgagors in the Mortgaged
        Properties and the proceeds thereof under the laws of the relevant jurisdiction as indicated in the Mortgage, prior and superior in right to any other Person, but subject to Liens permitted under Section 6.02.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160; &#160;&#160; Upon the recordation of the Collateral Agreement (or short-form intellectual property security agreements in form and substance substantially similar to the Patent
        Security Agreement, Trademark Security Agreement and/or Copyright Security Agreement (each as defined in the Collateral Agreement)) with the United States Patent and Trademark Office or the United States Copyright Office, as applicable, and the
        filing of the financing statements referred to in paragraph (a) of this Section, the security interest created under the Collateral Agreement will constitute a fully perfected security interest in all right, title and interest of the Note Parties
        in the Intellectual Property (as defined in the Collateral Agreement) described therein in which a security interest may be perfected by such filing of such documents in the United States of America, in each case prior and superior in right to any
        other Person, but subject to Liens permitted under Section 6.02 (it being understood and agreed that subsequent recordings in the United States Patent and Trademark Office or the United States Copyright Office may be necessary pursuant to Section
        4.05(e) of the Collateral Agreement, or to perfect a security interest in such Intellectual Property acquired by the Note Parties after the Closing Date).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.17&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Use of Proceeds</u>.&#160; The Issuer will use the proceeds of the Notes for the Refinancing and to pay fees and expenses in connection herewith and therewith.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.18&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Labor Matters</u>.&#160; Except as, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect, as of the Closing Date: (a) there are no
        strikes, lockouts or slowdowns against the Issuer or any Subsidiary pending or, to the knowledge of the Issuer, threatened, (b) the hours worked by and payments made to employees of the Issuer and its Subsidiaries have not been in violation of the
        Fair Labor Standards Act or any other applicable Federal, state, local or foreign Law dealing with such matters and (c) all payments due from the Issuer or any Subsidiary, or for which any claim may be made against the Issuer or any Subsidiary, on
        account of wages and employee health and welfare insurance and other benefits, have been paid or accrued as a liability on the books of the Issuer or such Subsidiary.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.19&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>PATRIOT Act and Other Regulations</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160; &#160; &#160;&#160; The Issuer and each of the Subsidiaries is in compliance, in all material respects, with (i) the Trading with the Enemy Act, as amended, and each of the foreign
        assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating thereto and (ii) the PATRIOT Act and other applicable anti-terrorism and
        anti-money laundering laws; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; no part of the proceeds of the Notes will be used, directly or to the knowledge of the Issuer indirectly, for any payments to any governmental official or employee,
        political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign
        Corrupt Practices Act of 1977, as amended.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">71</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.20&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Insurance</u><u>.</u> The Issuer and its Subsidiaries have insurance in such amounts and covering such risks and liabilities as are required under Section 5.07.</div>
      <div style="text-indent: 36pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.21&#160;&#160;&#160;&#160;&#160; <u>Location of Real Property</u>. Schedule 3.20 lists completely and correctly as of the Closing Date all Material Real Property owned by the Issuer and its Subsidiaries and the
        addresses thereof.</div>
      <div style="text-indent: 36pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.22&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>The Notes</u>.</div>
      <div style="text-indent: 36pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Notes have been duly authorized by the Issuer and, when duly executed, authenticated, issued and delivered and paid for as provided herein, will be duly and
        validly issued and outstanding and will constitute valid and legally binding obligations of the Issuer enforceable against the Issuer in accordance with their terms.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Assuming that the representations and warranties of the Noteholders contained in Section 9.23 are true and correct and that each Noteholder complies with its
        agreements contained in Section 9.23, it is not necessary in connection with the issuance, offer and sale of the Notes to register the Notes under the Securities Act or to qualify this Agreement or the Notes under the Trust Indenture Act of 1939,
        as amended.&#160; The issuance, offer and sale of the Notes is exempt from the registration requirements under the &#8220;blue sky&#8221; laws of any applicable jurisdiction.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each of the Notes issued under this Agreement are eligible for resale under Rule 144A. The Notes are not of the same class as securities of the Issuer listed on a
        national securities exchange, registered under Section 6 of the Exchange Act or quoted in a U.S. automated inter-deal quotation system (in each case, if any).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Neither the Issuer nor any agent acting on the Issuer&#8217;s behalf has, directly or indirectly, offered the Notes or any similar security for sale to, or solicited any
        offers to buy the Notes or any similar security from, or otherwise approached or negotiated with respect thereto with, any Person other than the Noteholders, and neither the Issuer nor any agent acting on the Issuer&#8217;s behalf has taken or will take
        any action which would subject the issuance or sale of the Notes to the provisions of Section 5 of the Securities Act or to the registration requirements of any securities or state securities laws of any applicable jurisdiction. In the case of each
        offer or sale of the Notes, no form of general solicitation or general advertising was used by the Issuer or any agent acting on the Issuer&#8217;s behalf, including without limitation, advertisements, articles, notices or other communications published
        in any newspaper, magazine or similar medium or broadcast over television or radio or any seminar or meeting whose attendees have been invited by any general solicitation or general advertising. No similar securities have been issued and sold by
        the Issuer within the six-month period immediately prior to the Closing Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 3.23&#160;&#160;&#160;&#160; &#160; <u>Beneficial Ownership Certification</u>.&#160; As of the Closing Date, the information included in the Beneficial Ownership Certification is true and correct in all material
        respects.</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(1, 0, 0); font-weight: bold;">ARTICLE IV</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">CONDITIONS OF ISSUANCE ON CLOSING DATE</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 4.01&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Closing Date Issuance</u>.&#160; The obligations of the Noteholders to purchase a Note are subject to the satisfaction or waiver by each Noteholder of the following conditions:</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">72</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Noteholder Representative and the Noteholders shall have received from each party hereto and thereto a counterpart of this Agreement and the other Note Documents
        signed on behalf of such party.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Noteholder Representative and the Noteholders shall have received, on behalf of itself and the Noteholders, customary written opinions of (i) Gibson, Dunn &amp;
        Crutcher LLP, external counsel for the Note Parties, (ii) Day Pitney LLP, external Connecticut counsel for the Note Parties, and (iii) Julie Solomon, internal counsel to the Note Parties, in each case, dated the Closing Date, addressed to the
        Noteholder Representative and the Noteholders as of the Closing Date, and in form and substance satisfactory to the Noteholder Representative and the Noteholders. The Issuer hereby requests such counsels to deliver such opinions.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160; &#160; &#160; The Noteholders and the Noteholder Representative shall have received, at least five (5) Business Days prior to the Closing Date (a) all documentation and other
        information about the Issuer and the Subsidiary Guarantors as has been reasonably requested at least ten (10) calendar days prior to the Closing Date by the Noteholder Representative or any Noteholder that the Noteholder Representative or such
        Noteholder reasonably determines is required by regulatory authorities under applicable &#8220;know your customer&#8221; and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act, and (b) to the extent requested by any
        Noteholder or the Noteholder Representative at least ten (10) calendar days prior to the Closing Date, a Beneficial Ownership Certification.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Noteholder Representative and the Noteholders shall have received (i) a copy of the certificate or articles of incorporation, memorandum of association,
        certificate of limited partnership or certificate of formation (or other similar formation document), as in effect on the Closing Date, of each Note Party, certified as of a recent date by the Secretary of State (or other similar official) of the
        jurisdiction of its organization, and, if applicable, a certificate as to the good standing of each Note Party as of a recent date, from such Secretary of State (or other similar official); (ii) a certificate of a Responsible Officer (including,
        for this purpose, for the avoidance of doubt, any secretary or assistant secretary) of each Note Party dated the Closing Date and certifying (A) that attached thereto is a true and complete copy of the by-laws, partnership agreement, limited
        liability company agreement (or other equivalent governing documents) of such Note Party as in effect on the Closing Date and at all times since a date prior to the date of the resolutions described in clause (B) below, (B) that attached thereto is
        a true and complete copy of resolutions duly adopted by the Board of Directors (or other equivalent governing body) of such Note Party authorizing the execution, delivery and performance of the Note Documents to which such person is a party and, in
        the case of the Issuer, the issuances hereunder, and that such resolutions have not been modified, rescinded or amended and are in full force and effect, (C) that the certificate or articles of incorporation (or other similar formation document) of
        such Note Party has not been amended since the date of the last amendment thereto shown on the certified formation document furnished pursuant to clause (i) above and (D) as to the incumbency and specimen signature of each officer executing any
        Note Document or any other document delivered in connection herewith on behalf of such Note Party and (iii) a certificate of another officer, to the extent such an officer exists, as to the incumbency and specimen signature of the Responsible
        Officer executing the certificate pursuant to clause (ii) above.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Noteholder Representative and the Noteholders shall have received a certificate, dated the Closing Date and signed by a Responsible Officer of the Issuer,
        confirming compliance with the conditions precedent set forth in clauses (i) and (k) of this <font style="color: rgb(0, 0, 0);">Section 4.01</font>.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">73</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Noteholder Representative and the Noteholders shall have received payment of all fees required to be paid on the Closing Date pursuant to the Noteholder Fee
        Letter, the Noteholder Representative Fee Letter and expenses (including the fees, charges and disbursements of Sullivan &amp; Cromwell LLP, as counsel to the Noteholders and Holland &amp; Knight LLP, as counsel to the Noteholder Representative)
        required to be paid hereunder, under any other Note Document or under any other agreement entered into by any of the Noteholder Representative and the Noteholders, on the one hand, and any of the Note Parties, on the other hand, which such amounts
        may be offset against the proceeds of the Issuance made on the Closing Date; <font style="font-style: italic;">provided</font> that in the case of payment of expenses, such expenses are invoiced at least one (1) Business Day prior to the Closing
        Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each Security Document listed on <u>Schedule 4.01</u> shall have been duly executed by the Issuer and the other Note Parties party thereto on the Closing Date and
        delivered to the Noteholder Representative on behalf of the Secured Parties shall have a security interest in the Collateral of the type and priority described in each such Security Document and, in connection therewith, the Note Parties shall have
        delivered to the Noteholder Representative (or the First Lien Term Agent as bailee for the Noteholder Representative in accordance with the terms of the Intercreditor Agreement) (i) all of the Collateral consisting of certificated Equity Interests
        and promissory notes, if any, referred to therein and then owned by such Note Party, (x) endorsed in blank and (y) together with executed and undated endorsements for transfer in the case of any such promissory notes and stock powers for transfer
        in the case of any such certificated Equity Interests, (ii) the filing of short form security agreements with the United States Patent and Trademark Office or the United States Copyright Office and (iii) proper financing statements (Form UCC-1 or
        the equivalent) for filing under the UCC or other appropriate filing offices of each jurisdiction as may be necessary to perfect the security interests purported to be created by the Collateral Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; The Intercreditor Agreement shall have been duly executed by the Noteholder Representative and the First Lien Term Agent.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; Since December 31, 2022, there shall not have occurred any Material Adverse Effect.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(j)&#160;&#160; &#160; &#160;&#160;&#160; The Noteholder Representative and the Noteholders shall have received a certificate in substantially the form of <u>Exhibit G</u> from a Financial Officer of the
        Issuer certifying that the Issuer and its Subsidiaries, on a consolidated basis after giving effect to the Issuance to occur on or prior to the Closing Date, are Solvent.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(k)&#160;&#160;&#160; &#160; &#160;&#160; The representations and warranties set forth in <font style="color: rgb(0, 0, 0);">Article III</font> hereof and in each other Note Document shall be true and
        correct in all material respects (other than any such representations and warranties which are qualified by materiality, material adverse effect or similar language, which representations and warranties shall be true and correct in all respects
        after giving effect to such qualification).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(l)&#160;&#160;&#160;&#160;&#160; &#160; &#160; Immediately after giving effect to the issuance of the Notes, no Event of Default shall have occurred and be continuing.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">74</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(m)&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Noteholder Representative and the Noteholders shall have received evidence that the insurance required by Section 5.07(a) and the Security Documents is in effect;
        <font style="font-style: italic;">provided</font> that to the extent that, notwithstanding its use of commercially reasonable efforts in respect thereof, the Issuer is unable to comply with Section 5.07(a), such compliance shall not constitute a
        condition precedent under this Section but shall instead be required within thirty (30) days following the Closing Date (or such longer period as the Noteholders Representative may agree in its sole discretion).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(n)&#160;&#160;&#160;&#160;&#160; &#160;&#160; The Noteholder Representative shall have received an executed counterpart of the Noteholder Representative Fee Letter, duly executed and delivered by the Issuer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(o)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Noteholder Representative and the Noteholders shall have received a fully completed Perfection Certificate in form and substance reasonably satisfactory to the
        Noteholder Representative (acting at the direction of the Required Noteholders), dated as of the Closing Date, duly executed and delivered by a Responsible Officer of the Issuer. All documents and agreements required to be appended to the
        Perfection Certificate, shall be in form and substance reasonably satisfactory to the Noteholder Representative (acting at the direction of the Required Noteholders), shall have been executed and delivered by the requisite parties and shall be in
        full force and effect.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(p)&#160;&#160;&#160;&#160;&#160; &#160;&#160; The Notes, substantially in the form attached hereto as <u>Exhibit C</u>, shall have been duly executed and delivered to each Noteholder by a duly authorized officer
        of the Issuer and shall have been validly issued by the Issuer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(q)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Noteholders shall be satisfied with the arrangements for the application of the net proceeds (net of fees and expenses permitted to be paid pursuant to Section
        5.10) of the Purchase of the Notes on the Closing Date, to the Refinancing.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(r)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Noteholder Representative and the Noteholders shall have received an executed copy of the Global Intercompany Note, duly executed and delivered by the Issuer and
        its Subsidiaries required to become a party thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(s)&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; The Noteholder Representative and the Noteholders shall have received an executed copy of the Notice of Issuance.</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(1, 0, 0); font-weight: bold;">ARTICLE V</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">AFFIRMATIVE COVENANTS</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">The Issuer covenants and agrees with the Noteholder Representative and each Noteholder that so long as this Agreement shall remain in effect and until the Commitments have been terminated and the
        principal of and interest on each Note, all Fees and all other expenses or amounts payable under any Note Document and all other Obligations (other than contingent indemnification obligations for which no claim or demand has been made) shall have
        been paid in full in cash (such date, the &#8220;<u>Termination Date</u>&#8221;), unless the Required Noteholders shall otherwise consent in writing, Issuer and each of the other Note Parties shall, and shall cause each of their Subsidiaries to:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Financial Statements and Other Information</u><u>.</u>&#160; Furnish the following to the Noteholder Representative and each Noteholder:</div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">75</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;within one hundred (100) days after the end of each fiscal year of the Issuer (or such later date as Form 10-K of the Issuer is required to be filed with the SEC
        taking into account any extension granted by the SEC, provided that the Issuer gives the Noteholder Representative notice of any such extension), its audited consolidated balance sheet and audited consolidated statements of income, comprehensive
        income, stockholders&#8217; equity and cash flows as of the end of and for such fiscal year, and related notes thereto, setting forth in each case in comparative form the figures for the previous fiscal year, prepared in accordance with generally
        accepted auditing standards and reported on by an independent public accountants of recognized national standing (without a &#8220;going concern&#8221; or like qualification, exception or statement and without any qualification or exception as to the scope of
        such audit, but may contain a &#8220;going concern&#8221; or like qualification that is due to (i) an upcoming maturity date of any Indebtedness occurring within one year from the time such opinion is delivered or (ii) any potential inability to satisfy a
        financial maintenance covenant on a future date or in any future period) to the effect that such financial statements present fairly in all material respects the financial condition, results of operations and cash flow of the Issuer and its
        Subsidiaries on a consolidated basis as of the end of and for such fiscal year and accompanied by a narrative report describing the financial position, results of operations and cash flow of the Issuer and its consolidated Subsidiaries;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; within fifty (50) days after the end of each of the first three fiscal quarters of each fiscal year of the Issuer (or such later date as Form 10-Q of the Issuer is
        required to be filed with the SEC taking into account any extension granted by the SEC, provided that the Issuer gives the Noteholder Representative notice of any such extension), its unaudited consolidated balance sheet and unaudited consolidated
        statements of income, comprehensive income and cash flows as of the end of and for such fiscal quarter and the then elapsed portion of the fiscal year, setting forth in each case in comparative form the figures for the corresponding period or
        periods of (or, in the case of the balance sheet, as of the end of) the previous fiscal year, all certified by a Financial Officer of the Issuer as presenting fairly in all material respects the financial condition, results of operations and cash
        flows of the Issuer and its Subsidiaries on a consolidated basis as of the end of and for such fiscal quarter and such portion of the fiscal year in accordance with GAAP consistently applied, subject to normal year-end audit adjustments and the
        absence of footnotes, and accompanied by a narrative report describing the financial position, results of operations and cash flow of the Issuer and its consolidated Subsidiaries;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160; concurrently with each delivery of financial statements under clause (a) or (b) above (or otherwise within five Business Days thereof), a certificate, substantially in
        the form of Exhibit I, of a Financial Officer of the Issuer certifying as to whether a Default has occurred and is continuing and, if a Default has occurred and is continuing, specifying the details thereof and any action taken or proposed to be
        taken with respect thereto;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160; &#160; &#160;&#160; within ninety (90) days after the end of each fiscal year of the Issuer (or such longer period as permitted under Section 5.01(a)), a detailed consolidated budget for
        the current fiscal year (including selected balance sheet items and consolidated statements of projected income and free cash flows as of the end of and for such fiscal year and setting forth the assumptions used for purposes of preparing such
        budget);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; concurrently with each delivery of financial statements under clause (a) above (or otherwise within five Business Days thereof), a certificate, substantially in the
        form of Exhibit I, of a Financial Officer or legal officer of the Issuer setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of such
        certificate or the date of the most recent certificate delivered pursuant to this Section 5.01(e);</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">76</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;promptly after the same becomes publicly available, copies of all periodic and other reports, proxy statements and other materials filed by the Issuer or any
        Subsidiary with the SEC or with any national securities exchange, or distributed by the Issuer to the holders of its Equity Interests generally, as applicable; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160; &#160; &#160;&#160; promptly following any request therefor, but subject to the limitations set forth in Section 5.08 and Section 9.16, such other information regarding the operations,
        business affairs, assets, liabilities (including contingent liabilities) and financial condition of the Issuer or any Subsidiary, or compliance with the terms of this Agreement or any other Note Document, as the Noteholder Representative or any
        Noteholder, may reasonably request; <font style="font-style: italic;">provided</font> that none of the Issuer or any Subsidiary will be required to provide any information (i) that constitutes non-financial trade secrets or non-financial
        proprietary information of the Issuer or any Subsidiary or any of their respective customers and suppliers, (ii) in respect of which disclosure to the Noteholder Representative or any Noteholder (or any of their respective representatives) is
        prohibited by applicable Law or (iii) the revelation of which would violate any confidentiality obligations owed to any third party by the Issuer or any Subsidiary (not created in contemplation thereof); <font style="font-style: italic;">provided</font>,
        <font style="font-style: italic;">further</font>, that if any information is withheld pursuant to clause (i), (ii), or (iii) above, the Issuer or any Subsidiary shall promptly notify the Noteholder Representative of such withholding of information
        and the basis therefor.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Information required to be furnished pursuant to clause (a), (b), (f) or (g) of this Section 5.01 shall be deemed to have been furnished if such information, or one or more annual or quarterly
        reports containing such information, shall be available on the website of the SEC at http://www.sec.gov.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">The Issuer shall conduct a quarterly meeting (which may be a telephonic meeting) that the Noteholders may attend to discuss the financial condition and results of operations of the Issuer for the
        most recently ended fiscal quarter for which financial statements have been delivered pursuant to Section 5.01(a) or (b), at a date and time within sixty (60) days of the end of such fiscal quarter (but in any event, no earlier than the date
        financial statements of the Issuer are delivered pursuant to pursuant to Section 5.01(a) or (b)) to be determined by the Issuer with reasonable advance notice to the Noteholder Representative; <font style="font-style: italic;">provided</font> that
        the Issuer may satisfy the foregoing obligation with respect to any fiscal quarter if a quarterly public earnings call is held with respect to such fiscal quarter.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">At any time, the Noteholder Representative or any Noteholder may provide notice to the Issuer that it no longer wishes to receive material non-public information (within the meaning of foreign and
        United States federal and state securities laws) with respect to the Issuer or its Affiliates, or the respective securities of any of the foregoing (such notice, a &#8220;<u>No MNPI Notice</u>&#8221;). Upon receipt of a No MNPI Notice, the Issuer shall cease
        providing material non-public information to such Noteholder Representative and/or Noteholder pursuant to this Section 5.01. If at any time following delivery of a No MNPI Notice the Noteholder Representative or Noteholder that delivered such No
        MNPI Notice provides notice to the Issuer that it has elected to revoke such No MNPI Notice, then the Issuer shall again provide material non-public information to the extent provided for in this Section 5.01 and, upon request from the applicable
        Noteholder Representative or Noteholder, shall provide any material non-public information previously delivered to Noteholders while such No MNPI Notice was in effect.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.02&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Notices of Material Events</u><u>.</u>&#160; Furnish to the Noteholder Representative and each Noteholder, promptly (and in any event, within five (5) Business Days) after a
        Responsible Officer of the Issuer acquires knowledge thereof, written notice of the following:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the occurrence of any Default or Event of Default;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">77</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160; &#160; &#160; to the extent permitted by the Law, the filing or commencement of any action, suit or proceeding by or before any arbitrator or Governmental Authority against or, to
        the knowledge of a Financial Officer or another executive officer of the Issuer or any Subsidiary, affecting the Issuer or any Subsidiary, that in each case would reasonably be expected to result in a Material Adverse Effect;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the occurrence of any Environmental Liability or ERISA Event that has resulted, or would reasonably be expected to result, in a Material Adverse Effect; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;any other any development, circumstance, or event that has had or could reasonably be expected to have a Material Adverse Effect.</div>
      <div>&#160;</div>
      <div style="text-align: justify;">Each notice delivered under this Section (i) shall be in writing, (ii) shall contain a heading or a reference line that reads &#8220;Notice under Section 5.02 of the Note Purchase Agreement dated as of July 31, 2023&#8221; and
        (iii) shall be accompanied by a written statement of a Financial Officer or other executive officer of the Issuer setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect
        thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.03&#160;&#160;&#160;&#160; &#160; <u>Information Regarding Collateral</u><u>.</u>&#160; Furnish to the Noteholder Representative prompt written notice of any change (i) in any Note Party&#8217;s legal name, as set forth in
        such Note Party&#8217;s organizational documents, (ii) in the jurisdiction of incorporation or organization of any Note Party, (iii) in the form of organization of any Note Party or (iv) in any Note Party&#8217;s organizational identification number (or the
        equivalent thereof in each applicable jurisdiction), if any, or, with respect to a Note Party organized under the laws of a jurisdiction that requires such information to be set forth on the face of a Uniform Commercial Code financing statement (or
        the equivalent thereof in any Specified Foreign Jurisdiction, to the extent applicable), the Federal Taxpayer Identification Number (or the equivalent thereof in the applicable jurisdiction of a Note Party that is a Specified Foreign Subsidiary) of
        such Note Party.</div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.04&#160;&#160;&#160;&#160;&#160;&#160; <u>Existence; Conduct of Business</u><u>.</u>&#160; Do or cause to be done all things necessary to maintain, preserve, protect, enforce, renew and keep in full force and effect its
        legal existence and the rights, licenses, permits, privileges, franchises and IP Rights in each case to the extent necessary for the conduct of its business; <font style="font-style: italic;">provided</font> that the foregoing shall not prohibit
        (i) any merger, consolidation, liquidation or dissolution permitted under Section 6.03 or (ii) the Issuer and each Subsidiary from allowing registered or applied-for IP Rights to lapse, expire, become abandoned or otherwise terminate in the
        ordinary course of business or where, in its reasonable business judgment, the lapse, expiration, abandonment or termination would not materially interfere with the business of the Issuer or any Subsidiary, as applicable.</div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.05&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Payment of Taxes</u><u>.</u>&#160; The Issuer will, and will cause each of its Subsidiaries to, pay its Tax liabilities before the same become due and payable, except where (a)
        (i) the validity or amount thereof is being contested in good faith by appropriate proceedings and (ii) the Issuer or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or (b) the failure to
        make payment would not reasonably be expected to result in a Material Adverse Effect.</div>
      <div>
        <div style="text-indent: 36pt;">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.06&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Maintenance of Properties</u><u>.</u>&#160; Except if failure to do so would not reasonably be expected to have a Material Adverse Effect, the Issuer will, and will cause each of
        its Subsidiaries to, (i) keep and maintain all property necessary for the conduct of its business in good working order and condition, ordinary wear and tear excepted and casualty and condemnation excepted; and (ii) maintain, preserve, and protect,
        as applicable, the confidentiality, validity and enforceability of the Material Intellectual Property.</div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">78</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.07&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u></u><u>Insurance</u><u>.</u></div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160; Maintain, with financially sound and reputable insurance companies (or, to the extent consistent with past practices of the Note Parties or otherwise in accordance with
        applicable laws and good business practices, self-insurance), insurance in such amounts (with no greater risk retention) and against such risks as are consistent with the past practices of the Note Parties or otherwise as is customarily maintained
        by companies of established repute engaged in the same or similar businesses operating in the same or similar locations.&#160; The Issuer shall (a) cause the main property and liability policies maintained by or on behalf of the Issuer to name the
        Noteholder Representative, on behalf of the Secured Parties, as an additional insured thereunder and (b) use commercially reasonable efforts to cause the main property and liability policies maintained by or on behalf of the Issuer contain a loss
        payable clause or endorsement that names the Noteholder Representative, on behalf of the Secured Parties, as the loss payee thereunder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; With respect to each Mortgaged Property that is located in an area determined by the Federal Emergency Management Agency to have special flood hazards, the applicable
        Note Party has obtained, and will maintain, with financially sound and reputable insurance companies, such flood insurance as is required under the Flood Insurance Laws. The Issuer will furnish to the Noteholders, upon reasonable request of the
        Noteholder Representative (acting at the direction of the Required Noteholders), information in reasonable detail with respect to such insurance; <font style="font-style: italic;">provided</font> that no Note Party shall be required to deliver
        original copies of any insurance policies.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.08&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Books and Records; Inspection and Audit Rights</u><u>.</u>&#160; Keep proper books of record and accounts in which full, true and correct entries, in conformity with GAAP and all
        Laws are made of all dealings and transactions in relation to its business and activities.&#160; The Issuer will, and will cause each of its Subsidiaries to, permit any representatives designated by the Noteholder Representative or any Noteholder, upon
        at least three (3) Business Days&#8217; notice, to visit and inspect its properties, to examine and make extracts from its books and records, to discuss its affairs, finances and condition with its officers and independent accountants; <font style="font-style: italic;">provided</font> that, unless an Event of Default shall have occurred and be continuing, the Issuer shall be provided an opportunity to participate in any such discussions with such accountants, all at such reasonable
        times during regular office hours but no more often than one (1) time during any calendar year absent the existence of an Event of Default; <font style="font-style: italic;">provided</font> that excluding any such visits and inspections during the
        continuation of an Event of Default, only the Noteholder Representative on behalf of the Noteholders may exercise visitation and inspection rights of the Noteholder Representative and the Noteholders under this Section; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further</font> that none of the Issuer or any Subsidiary will be required to disclose, permit the inspection, examination or making copies or abstracts of, or discussion of, any
        document, information or other matter (i) that constitutes non-financial trade secrets or non-financial proprietary information, (ii) in respect of which disclosure to the Noteholder Representative or any Noteholder (or their respective
        representatives or contractors) is prohibited by Law or any binding agreement (not created in contemplation thereof) or (iii) that is subject to attorney-client or similar privilege or constitutes attorney work product.</div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.09&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Compliance with Laws</u><u>.</u>&#160; Comply with all Laws (including ERISA, Environmental Laws and the USA PATRIOT Act) with respect to it or its property, except where the
        failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect.</div>
      <div>
        <div>&#160;</div>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">79</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.10&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u></u><u>Use of Proceeds</u><u>.</u>&#160; The proceeds of the Notes, together with cash on hand, will be used solely for (i) the payment of fees and expenses payable in
        connection with the Transactions and (ii) the Refinancing.</div>
      <div>
        <div style="text-indent: 36pt;">&#160;</div>
      </div>
      <div style="text-indent: 36pt;">Section 5.11&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Additional Subsidiaries</u><u>.</u> <br>
      </div>
      <div>
        <div><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; If any additional Subsidiary (other than any Excluded Subsidiary) is formed or acquired or if any Subsidiary ceases to be an Excluded Subsidiary or becomes a
        Designated Subsidiary, in each case after the Closing Date, the Issuer will, as promptly as practicable and, in any event, within ninety (90) days (or such longer period as the Noteholder Representative (acting at the direction of the Required
        Noteholders) may agree to in writing (including electronic mail)) after such Subsidiary is formed or acquired or ceases to be an Excluded Subsidiary or becomes a Designated Subsidiary, notify the Noteholder Representative thereof and, to the extent
        applicable, cause the Collateral and Guarantee Requirement to be satisfied with respect to such Subsidiary (and any Material Real Property owned by such Subsidiary) and with respect to any Equity Interest in or Indebtedness of such Subsidiary owned
        by or on behalf of any Note Party and such other documents, certificates and opinions consistent with those delivered pursuant to Sections 4.01(b) and (c) that the Noteholder Representative (acting at the direction of the Required Noteholders) may
        reasonably request with respect to such Subsidiary.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160; &#160;&#160;&#160; The Issuer may designate by writing to the Noteholder Representative any wholly&#8209;owned subsidiary that is a U.S. Subsidiary or a Designated Foreign Subsidiary and
        otherwise an Excluded Subsidiary as a Designated Subsidiary (each such Subsidiary, a &#8220;<u>Designated Subsidiary</u>&#8221;).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.12&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Further Assurances</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Issuer will, and will cause each of its Subsidiaries that is a Note Party to, execute any and all further documents, financing statements, agreements, joinders
        (including a joinder to the Intercreditor Agreement, if required) and instruments, and take all such further actions (including the filing and recording of financing statements, fixture filings, mortgages, deeds of trust and other documents, and
        the recording of instruments in the United States Patent and Trademark Office and the United States Copyright Office), that may be required under any applicable law, or that the Noteholder Representative or the Required Noteholders may reasonably
        request, to cause the Collateral and Guarantee Requirement to be and remain satisfied and are necessary in the applicable jurisdiction in order for Liens in the Collateral to remain perfected, all at the expense of the Note Parties.&#160;
        Notwithstanding anything contained in this Agreement, no Mortgage shall be executed and delivered to the Noteholder Representative with respect to any real property located in an area identified by the Federal Emergency Management Agency (or any
        successor agency) as a &#8220;special flood hazard area&#8221; with respect to which flood insurance has been made available under Flood Insurance Laws unless and until each Noteholder has received, at least 30 calendar days prior to such execution and
        delivery, a &#8220;Life-of-Loan&#8221; Federal Emergency Management Agency Standard Flood Hazard Determination (together with a notice about special flood hazard area status and flood disaster assistance duly executed by the Issuer and each applicable
        mortgagor relating thereto); <font style="font-style: italic;">provided</font>, that in no event shall the Issuer be required to deliver more than one flood determination to the Noteholders as a whole) and each such noteholder has confirmed to the
        Noteholder Representative that flood insurance due diligence and flood insurance compliance has been&#160; completed to its reasonable satisfaction (such written confirmation not to be unreasonably withheld or delayed; <font style="font-style: italic;">provided</font>
        however that the time period for execution and delivery of any such Mortgage (and any related documents pursuant to the Collateral and Guarantee Requirement) by the applicable Note Party shall, to the extent necessary, be automatically extended to
        the date on which the Noteholder Representative is permitted under this Section to enter into such Mortgage.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">80</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; If any material assets (other than Excluded Property) including any Material Real Property, or any IP Rights (other than Excluded Property) are acquired by a Note
        Party after the Closing Date (other than assets constituting Collateral under the applicable Security Document that become subject to the Lien created by such Security Document upon acquisition thereof), the Issuer will notify the Noteholder
        Representative and the Noteholders thereof, and, if requested by the Noteholder Representative or the Required Noteholders, the Issuer will cause such assets to be subjected to a Lien securing the Obligations and will, subject to the Collateral and
        Guarantee Requirement, take, and cause the Note Parties to take, such actions as shall be necessary to grant and perfect such Liens, including actions described in paragraph (a) of this Section, and otherwise cause the Collateral and Guarantee
        Requirement to be satisfied, all at the expense of the Note Parties.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding anything herein to the contrary, with respect to pledges of, or grants of security interests in, assets acquired by a Note Party after the Closing
        Date (including Equity Interests of newly-acquired Subsidiaries) or that cease to be Excluded Property after the Closing Date, the Note Parties shall have the timeframe set forth in the definition of &#8220;Collateral and Guarantee Requirement&#8221;, or
        provided for in the Collateral Agreement or other applicable Security Document, or if no timeframe is so provided, ninety (90) days (or such longer period as agreed by the Noteholder Representative (acting at the direction of the Required
        Noteholders)) after the date of such acquisition (or after the date such assets cease to be Excluded Property) to comply with the requirements of clauses (a) and (b) above.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; To the extent any Specified Foreign Subsidiary is to be added on or after the Closing Date as a Note Party, the Issuer and each Note Party shall enter into such
        amendments as reasonably requested by the Noteholder Representative so that such Specified Foreign Subsidiary can become a Note Party on substantially equivalent terms as Note Parties that are Domestic Subsidiaries (in each case taking into
        consideration any local law prohibitions, requirements and limitations as well as any relevant customary practices with respect to such Specified Foreign Jurisdiction, as reasonably agreed between the Noteholder Representative (acting at the
        direction of the Required Noteholders) and the Issuer).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.13&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Post-Closing Date Matters</u>. As promptly as practicable, and in any event within the time period specified in <u>Schedule 5.13</u> (or such longer period as the
        Noteholder Representative (acting at the direction of the Required Noteholders), may agree to in writing), after the Closing Date, (i) the Issuer shall, and shall cause each of its subsidiaries that is a Note Party to, deliver all Mortgages that
        are required to be delivered pursuant to, and otherwise satisfy, the Collateral and Guarantee Requirement (if any), except to the extent otherwise agreed by the Noteholder Representative (acting at the direction of the Required Noteholders)
        pursuant to its authority as set forth in the definition of the term &#8220;Collateral and Guarantee Requirement&#8221; and (ii) the Issuer shall deliver, or cause to be delivered, the items specified in <u>Schedule 5.13</u> hereof or complete such
        undertakings described on <u>Schedule 5.13</u> hereof, if any, on or before the dates specified with respect to such items, or such later dates as may be agreed to by, or as may be waived by, the Noteholder Representative (acting at the direction
        of the Required Noteholders).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">81</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.14&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Controlled Account</u>. The Issuer shall cause all proceeds of the Notes received by it (other than amounts designated to pay fees and expenses permitted to be paid pursuant
        to Section 5.10, as reflected in the Closing Date funds flow document agreed among the Issuer, the Noteholder Representative and the Noteholders) to be held in the Controlled Account. The Issuer shall not be permitted to withdraw funds from the
        Controlled Account (other than amounts representing interest earned on amounts on deposit in the Controlled Account) unless such funds are being applied for purposes of the Refinancing.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 5.15&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Account Control Agreements</u>. Each Note Party shall, within sixty (60) days after the First Amendment Effective Date (or such later date as the Noteholder Representative
        may reasonably agree), enter into a springing account control agreement (each, a &#8220;<u>Blocked Account Agreement</u>&#8221;), in form reasonably satisfactory to the Noteholder Representative, with the applicable Note Party, the Noteholder Representative
        and any financial institution with which such Note Party maintains a Material Account (collectively, the &#8220;<u>Blocked Accounts</u>&#8221;). Subject to the immediately succeeding sentence, from and after the date that is sixty (60) days after the First
        Amendment Effective Date (or such later date as the Noteholder Representative may reasonably agree pursuant to the immediately preceding sentence), each Note Party shall ensure that this Section 5.15 is satisfied at all times. In the event that,
        after the First Amendment Effective Date, any Note Party opens a new deposit account or securities account that is a Material Account, such Note Party shall, within sixty (60) days after the date on which such Material Account was opened (or such
        later date as the Noteholder Representative may reasonably agree), enter into a Blocked Account Agreement with respect to each such Material Account.</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(1, 0, 0); font-weight: bold;">ARTICLE VI</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">NEGATIVE COVENANTS</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">The Issuer covenants and agrees with each Noteholder that from the Closing Date until the Termination Date, the Issuer and each of the other Note Parties shall not, and shall not cause or permit
        any of their Subsidiaries to:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.01&#160; &#160; &#160;&#160;&#160;&#160; <u>Indebtedness; Certain Equity Securities</u><u>.</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Create, incur, assume or permit to exist any Indebtedness, except:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; Indebtedness created hereunder and under the other Note Documents;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Indebtedness under the First Lien Credit Agreement in an aggregate principal amount outstanding at any time not in excess of (A) $1,300,000,000 <font style="font-style: italic;">plus</font> (B) the aggregate principal amount of any Incremental Facilities (as defined in the First Lien Credit Agreement as in effect on the date hereof) permitted in accordance with the provisions of the First Lien
        Credit Agreement as in effect on the date hereof (for the avoidance of doubt, after giving effect to the issuance of the Notes); <font style="font-style: italic;">provided</font> the agent or other applicable representative thereof is a party to
        the Intercreditor Agreement; <font style="font-style: italic;">provided further</font> that any such Incremental Facilities under this clause (ii) (w) shall not be on terms (other than with respect to fees, call premium and interest rate and
        amortization meeting the requirements for the relevant type of Incremental Facility in accordance with the provisions of the First Lien Credit Agreement as in effect on the date hereof) more favorable to the lenders or purchasers thereof (when
        taken as a whole) than those provided for in the Note Documents (as determined reasonably and in good faith by Issuer) (or such terms are added to the Notes), (x) shall not have guarantors or obligors that are not guarantors or obligors of the
        Notes, (y) shall not have collateral (other than cash collateralization of letters of credit issued under a revolving credit facility thereunder pursuant to customary requirements therein as permitted pursuant to Section 6.02(a)(xix)) that does not
        constitute Collateral, and (z) if secured, shall be secured on a <font style="font-style: italic;">pari passu</font> or junior basis with the Notes;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">82</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Existing Senior Notes;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(iv)&#160;&#160;&#160; &#160;&#160; Indebtedness (and Guarantees thereof) existing on the First Lien Credit Agreement Closing Date (other than Indebtedness permitted pursuant to clauses (a)(i), (ii) and
        (iii)) and, to the extent having a principal amount in excess of $10,000,000 individually or $25,000,000 in the aggregate set forth in <u>Schedule 6.01</u> (in each case, except for intercompany Indebtedness) and any intercompany Indebtedness
        existing on the First Lien Credit Agreement Closing Date;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(v)&#160;&#160;&#160;&#160; &#160; &#160;&#160; Indebtedness of the Issuer to any Subsidiary and of any Subsidiary to the Issuer or any other Subsidiary which is permitted pursuant to Section 6.04 so long as such
        Indebtedness of the Issuer or any other Note Party owing to any Subsidiary that is not a Note Party shall be subordinated in right of payment to the Obligations on the terms set forth in the Global Intercompany Note (or any other promissory note or
        agreement with substantially similar terms of subordination reasonably satisfactory to the Noteholder Representative (acting at the direction of the Required Noteholders)); <font style="font-style: italic;">provided</font> such Indebtedness owed
        by a Note Party to a Subsidiary that is not a Note Party shall not be required to become subject to the Global Intercompany Note (or any other promissory note or agreement referred to above in this clause providing for such subordination) until the
        60th day after the later of (x) the date such Person becomes a Subsidiary and (y) the date such Subsidiary becomes the obligor or lender in respect of intercompany Indebtedness owed by or to a Note Party (or, in each case, such longer period as
        agreed by the Noteholder Representative (acting at the direction of the Required Noteholders));</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(vi) &#160; &#160;&#160; &#160; Guarantees by the Issuer of Indebtedness of any Subsidiary and by any Subsidiary of Indebtedness of the Issuer or any other Subsidiary (other than Indebtedness
        incurred pursuant to clause (a)(iv) or (a)(viii) of this Section 6.01); <font style="font-style: italic;">provided</font> that (A) the Indebtedness so Guaranteed is permitted by this Section, (B) Guarantees by the Issuer or any other Note Party of
        Indebtedness of any Subsidiary that is not a Note Party shall be subject to Section 6.04, (C) Guarantees permitted under this clause (vi) shall be subordinated to the Obligations of the applicable Subsidiary to the same extent and on the same terms
        as the Indebtedness so Guaranteed is subordinated to the Obligations (if such Indebtedness is subordinated to the Obligations) and (D) none of the Existing Senior Notes or any Refinancing Indebtedness in respect thereof shall be Guaranteed by any
        Subsidiary unless such Subsidiary is a Note Party;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(vii)&#160;&#160;&#160;&#160; Indebtedness of the Issuer or any Subsidiary incurred to finance the acquisition, construction, repair, replacement or improvement of any fixed or capital assets,
        including Capital Lease Obligations and any Indebtedness assumed by Issuer or any Subsidiary in connection with the acquisition of any such assets or secured by a Lien on any such assets prior to the acquisition thereof; <font style="font-style: italic;">provided</font> that such Indebtedness is incurred prior to or within two hundred seventy (270) days after such acquisition or the completion of such construction, repair, replacement or improvement; <font style="font-style: italic;">provided</font>&#160;<font style="font-style: italic;">further</font> that at the time of incurrence thereof, the aggregate principal amount of Indebtedness outstanding under this clause (vii) at any time shall not exceed the greater of (x) $140,000,000 and (y) 30.0% of
        Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b);</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">83</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(viii)&#160;&#160;&#160;&#160;&#160; Indebtedness of any Person that becomes a Subsidiary (or of any Person not previously a Subsidiary that is merged or consolidated with or into a Subsidiary in a
        transaction permitted hereunder) after the First Lien Credit Agreement Closing Date, or Indebtedness of any Person that is assumed by any Subsidiary in connection with an acquisition of assets by such Subsidiary in an acquisition permitted by
        Section 6.04; <font style="font-style: italic;">provided</font> that such Indebtedness exists at the time such Person becomes a Subsidiary (or is so merged or consolidated) or such assets are acquired and is not created in contemplation of or in
        connection with such Person becoming a Subsidiary (or such merger or consolidation) or such assets being acquired; <font style="font-style: italic;">provided</font> that (x) the Indebtedness outstanding in reliance on this clause (viii) shall not
        exceed, in the aggregate at the time of incurrence thereof, the greater of (A) $50,000,000 and (B) 15.0% of Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section
        5.01(a) or (b) and (y) the Indebtedness of Subsidiaries that are not Note Parties outstanding in reliance on this clause (viii) shall not exceed, at the time of incurrence thereof and in the aggregate, the Non-Guarantor Debt Basket;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(ix)&#160;&#160;&#160;&#160;&#160;&#160; Indebtedness (which, if constituting Indebtedness for borrowed money, must be unsecured) in an aggregate principal amount outstanding under this clause (ix) at any
        time not exceeding, the greater of (x) $45,000,000 and (y) 12.5% of Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(x)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; [reserved];</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xi)&#160;&#160;&#160;&#160;&#160; Indebtedness and obligations in respect of self-insurance and obligations in respect of bids, tenders, trade contracts (other than for payment of Indebtedness), leases
        (other than Capital Lease Obligations), public or statutory obligations, surety, stay, customs and appeal bonds, performance bonds and other obligations of a like nature and similar obligations or obligations in respect of letters of credit, bank
        guarantees or similar instruments related thereto, in each case provided in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xii)&#160;&#160;&#160;&#160; &#160; Indebtedness in respect of Hedging Agreements permitted by Section 6.07;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xiii)&#160;&#160;&#160;&#160;&#160; Indebtedness in respect of any overdraft facilities, employee credit card programs, netting services, automated clearinghouse arrangements and other cash management
        and similar arrangements in the ordinary course of business; <font style="font-style: italic;">provided</font>, that such Indebtedness is repaid in full within ten (10) Business Days of incurrence or the date due to be repaid in the case of credit
        cards or similar Indebtedness;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xiv)&#160;&#160;&#160;&#160;&#160; Indebtedness in the form of deferred compensation (including indemnification obligations, obligations in respect of purchase price adjustments, earnouts,
        non-competition agreements and other contingent arrangements) or other arrangements representing acquisition consideration or deferred payments of a similar nature incurred in connection with any acquisition or other investment permitted under this
        Agreement;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">84</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xv)&#160;&#160;&#160;&#160;&#160;&#160;&#160; [reserved];</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xvi)&#160;&#160;&#160;&#160; Alternative Incremental Facility Debt, <font style="font-style: italic;">provided</font> that the (A) aggregate principal amount of such Alternative Incremental
        Facility Debt shall not exceed the amount permitted under Section 2.21 of the First Lien Credit Agreement as in effect on the First Amendment Effective Date and (B) if any such Alternative Incremental Facility Debt (1) is secured by Liens on the
        Collateral on a <font style="font-style: italic;">pari</font>&#160;<font style="font-style: italic;">passu</font> basis with the Liens securing the Obligations or (2) is secured by Liens on the Collateral on a junior basis to the Liens securing the
        Obligations, such Alternative Incremental Facility shall be subject to an Acceptable Intercreditor Agreement;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xvii)&#160;&#160;&#160; Indebtedness representing deferred compensation to directors, officers, consultants or employees of the Issuer and its Subsidiaries incurred in the ordinary course of
        business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xviii)&#160;&#160;&#160; Indebtedness consisting of promissory notes issued by any Note Party to current or former officers, directors, consultants and employees or their respective estates,
        spouses or former spouses to finance the purchase or redemption of Equity Interests of the Issuer permitted by Section 6.08;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xix)&#160;&#160;&#160;&#160;&#160;&#160; [reserved];</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xx)&#160;&#160;&#160;&#160; &#160; (x) Indebtedness of The Pitney Bowes Bank, Inc. and its Subsidiaries and (y) working capital and other similar Indebtedness of other Subsidiaries that are not Note
        Parties incurred in the ordinary course of business, which Indebtedness in each case is not secured by the Collateral; <font style="font-style: italic;">provided</font> that at the time such Indebtedness is incurred under this clause (xx) and
        after giving effect thereto, such incurrence shall not cause the Non-Guarantor Debt Basket to be exceeded;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxi)&#160;&#160;&#160;&#160; other Indebtedness of the Issuer or any other Note Party so long as (A) both (x) after giving effect thereto on a Pro Forma Basis (1) in the case of Indebtedness
        secured by a Lien on the Collateral that is <font style="font-style: italic;">pari passu</font> to the Liens securing the Obligations, the Consolidated Total Leverage Ratio does not exceed 1.50 to 1.00 and (y) the Consolidated Total Leverage Ratio
        as at the end of each of the two most recently ended fiscal quarters for which financial statements have been delivered pursuant to Section 5.01(a) or (b) does not exceed 1.50 to 1.00, (2) in the case of Indebtedness secured by a Lien on the
        Collateral that is junior to the Liens securing the Obligations, the Consolidated Secured Leverage Ratio does not exceed 3.75 to 1.00 and (3) in the case of any Indebtedness that is unsecured, the Consolidated Interest Coverage Ratio is no less
        than 2.00 to 1.00, (B) such Indebtedness shall not mature or require any scheduled amortization or require scheduled payments of principal (except, in the case of Indebtedness referred to in clause (1) above, amortization not in excess of 1.00% per
        annum) and shall not be subject to any other mandatory redemption, repurchase, repayment or sinking fund obligation (except, in each case, upon the occurrence of an event of default, asset sale (so long as the Notes are permitted to be redeemed
        with the relevant net proceeds (x) on a pro rata basis (together with other permitted <font style="font-style: italic;">pari passu</font> secured Indebtedness as applicable) in the case of Indebtedness secured on a <font style="font-style: italic;">pari passu</font> basis with the Obligations or (y) prior to such other Indebtedness in the case of Indebtedness secured on a junior basis to the Obligations or unsecured Indebtedness) or change in control), in each case, prior to the
        Maturity Date as of such date (or, in the case of Indebtedness secured on a junior basis to the Obligations or unsecured Indebtedness, the date that is ninety (90) days after the Maturity Date as of such date), and shall have a weighted average
        life to maturity not shorter than the remaining weighted average life to maturity of the then outstanding Notes, (C) no Default or Event of Default shall exist or shall result therefrom (it being understood that if the proceeds of the relevant
        Indebtedness will be applied to finance a Limited Condition Transaction and the Issuer has made an LCT Election, no Event of Default shall exist and be continuing as of the LCT Test Date), (D) such Indebtedness has terms and conditions (other than
        with respect to fees, call premium and interest rate) that in the reasonable and good faith determination of the Issuer are no less favorable to the Issuer (when taken as a whole) to the terms and conditions of the Note Documents (when taken as a
        whole), (E) such Indebtedness is not guaranteed by any Subsidiaries other than the Note Parties, (F) such Indebtedness is not secured by collateral that does not constitute Collateral and (G) if any such Indebtedness (1) is secured by Liens on the
        Collateral on a <font style="font-style: italic;">pari</font>&#160;<font style="font-style: italic;">passu</font> basis with the Liens securing the Obligations or (2) is secured by Liens on the Collateral on a junior basis to the Liens securing the
        Obligations, such Indebtedness shall be subject to an Acceptable Intercreditor Agreement;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">85</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxii)&#160;&#160; &#160; Indebtedness constituting obligations arising in respect of Cash Management Services incurred or undertaken in the ordinary course of business on arm&#8217;s length
        commercial terms;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxiii)&#160;&#160;&#160; [reserved];</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxiv)&#160;&#160;&#160; Indebtedness consisting of (A) the financing of insurance premiums or (B) take-or-pay obligations contained in supply arrangements, in each case, in the ordinary course
        of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxv)&#160;&#160;&#160; Refinancing Indebtedness in respect of Indebtedness permitted under clauses (ii), (iii), (iv), (vii), (viii), (ix), (xvi), (xx) and (xxi) of this Section 6.01(a) (it
        being understood and agreed that to the extent that any Indebtedness incurred under clauses (ii), (vii), (viii), (ix), (xvi) and (xx) of this Section 6.01(a) is refinanced with Refinancing Indebtedness under this clause (xxv), then the aggregate
        outstanding principal amount of such Refinancing Indebtedness shall also be deemed to utilize the related basket (including, for the avoidance of doubt, the Non-Guarantor Debt Basket, as applicable) under the applicable clause of this Section
        6.01(a) on a dollar-for-dollar basis (it being further understood an agreed that a Default shall be deemed not to have occurred solely to the extent that the incurrence of Refinancing Indebtedness would cause the permitted amount under such clause
        of this Section 6.01(a) to be exceeded and such excess shall be permitted hereunder to the extent contemplated by the definition of Refinancing Indebtedness));</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxvi)&#160;&#160;&#160; Indebtedness incurred by a Subsidiary in connection with bankers&#8217; acceptances, discounted bills of exchange or the discounting or factoring of receivables for credit
        management purposes, in each case incurred or undertaken in the ordinary course of business on arm&#8217;s length commercial terms on a non-recourse basis;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxvii)&#160; &#160; Indebtedness incurred by the Issuer or any of its Subsidiaries in respect of letters of credit, bank guarantees, bankers&#8217; acceptances or similar instruments issued or
        created in the ordinary course of business or consistent with past practice, in each case, in respect of workers&#8217; compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance or
        other reimbursement-type obligations regarding workers&#8217; compensation claims;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">86</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxviii)&#160; (x) Indebtedness in respect of obligations of the Issuer or any Subsidiary to pay the deferred purchase price of goods or services or progress payments in connection
        with such goods and services; <font style="font-style: italic;">provided</font> that such obligations are incurred in connection with open accounts extended by suppliers on customary trade terms in the ordinary course of business and not in
        connection with the borrowing of money and (y) Indebtedness in respect of intercompany obligations of the Issuer or any Subsidiary in respect of accounts payable incurred in connection with goods sold or services rendered in the ordinary course of
        business and not in connection with the borrowing of money;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxix)&#160;&#160;&#160; Indebtedness or other obligations constituting Guarantees by the Issuer or any Subsidiary of the Issuer of Indebtedness of the Released Group which, in each case, are
        set forth on Schedule 6.01(d) under the heading &#8220;Guarantees&#8221;;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxx)&#160;&#160;&#160; (x) tenant improvement loans and allowances in the ordinary course of business and (y) to the extent constituting Indebtedness, guaranties in the ordinary course of
        business of the obligations of suppliers, customers, franchisees, lessors and licensees of the Issuer and any Subsidiary; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;">(xxxi)&#160; &#160;&#160; all premiums (if any), interest (including post-petition interest), fees, expenses, charges and additional or contingent interest on obligations described in clauses
        (i) through (xxx) above.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; For purposes of determining compliance with this Section, in the event that an item of Indebtedness at any time, whether at the time of incurrence or upon the
        application of all or a portion of the proceeds thereof or subsequently, meets the criteria of more than one of the categories (other than ratio-based baskets) of Section 6.01(a), the Issuer and its Subsidiaries shall, in their sole discretion,
        divide, classify such item of Indebtedness solely between and among such categories; <font style="font-style: italic;">provided</font> that Indebtedness incurred hereunder shall only be classified as incurred under Section 6.01(a)(i), the
        Indebtedness under the First Lien Credit Agreement outstanding or committed as of the Closing Date (and Indebtedness under the First Lien Credit Agreement otherwise constituting term loans or revolving credit secured by the Collateral on a <font style="font-style: italic;">pari passu</font> basis with the Obligations) shall only be classified as incurred under Section 6.01(a)(ii) (or, as applicable, incurred under Section 6.01(a)(xxv) in respect of Indebtedness originally incurred under
        Section 6.01(a)(ii)) and the Existing Senior Notes shall only be classified as incurred under Section 6.01(a)(iii). Accrual of interest or dividends, the accretion of accreted value, the accretion or amortization of original issue discount, the
        payment of interest or dividends in the form of additional Indebtedness with the same terms, the payment of dividends on Disqualified Equity Interests in the form of additional shares of Disqualified Equity Interests of the same class, the
        accretion of liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies will not be deemed to be an Incurrence of Indebtedness or Disqualified Equity
        Interests for purposes of this covenant. Guarantees of, or obligations in respect of letters of credit relating to, Indebtedness that are otherwise included in the determination of a particular amount of Indebtedness shall not be included in the
        determination of such amount of Indebtedness;<font style="font-style: italic;"> provided</font> that the Incurrence of the Indebtedness represented by such guarantee or letter of credit, as the case may be, was in compliance with this covenant.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">87</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160; For purposes of determining compliance with any dollar-denominated restriction on the Incurrence of Indebtedness, the principal amount of Indebtedness denominated in a
        foreign currency shall be calculated based on the relevant currency exchange rate in effect on the date such Indebtedness was incurred, in the case of term debt, or first committed or first incurred (at the Issuer&#8217;s election), in the case of
        revolving credit debt; <font style="font-style: italic;">provided</font> that if such Indebtedness is incurred to refinance other Indebtedness denominated in a foreign currency, and such refinancing would cause the applicable dollar-denominated
        restriction to be exceeded if calculated at the relevant currency exchange rate in effect on the date of such refinancing, such dollar-denominated restriction shall be deemed not to have been exceeded so long as the principal amount of such
        refinancing Indebtedness does not exceed the principal amount of such Indebtedness being refinanced (plus the aggregate amount of premiums (including reasonable tender premiums), defeasance costs and fees, discounts and expenses in connection
        therewith).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160; &#160; &#160; &#160;&#160; Notwithstanding anything herein to the contrary, (x) no Foreign Subsidiary shall Guarantee any Material Indebtedness of the Issuer or any U.S. Subsidiary that is a
        Note Party unless substantially contemporaneously with the incurrence of such Guarantee such Foreign Subsidiary shall Guarantee the Obligations pursuant to documentation reasonably acceptable to the Noteholder Representative (acting at the
        direction of the Required Noteholders) and (y) except as permitted by Section 6.01(a)(xxix), the Issuer and its Subsidiaries shall not Guarantee any Indebtedness of the Released Group or incur or become liable for any Indebtedness owing to the
        Released Group.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.02&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Liens</u><u>.</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Create, incur, assume or permit to exist any Lien on any asset now owned or hereafter acquired by it, except:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; Liens created under the Note Documents;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Permitted Encumbrances;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160; any Lien on any asset of the Issuer or any Subsidiary existing on the First Lien Credit Agreement Closing Date and to the
        extent securing Indebtedness or obligations (other than intercompany Indebtedness or obligations) having a principal amount in excess of $10,000,000 individually or $25,000,000 in the aggregate, as set forth in Schedule 6.02; <font style="font-style: italic;">provided</font> that (A) such Lien shall not apply to any other asset of the Issuer or any Subsidiary (other than assets financed by the same financing source in the ordinary course of business and after-acquired
        property that is affixed or incorporated into the asset(s) covered by such Lien or financed by Indebtedness permitted under Section 6.01(a)(iv) or Refinancing Indebtedness in respect thereof) and (B) such Lien shall secure only those obligations
        that it secures on the First Lien Credit Agreement Closing Date and extensions, renewals, replacements and refinancings thereof so long as the principal amount of such extensions, renewals, replacements and refinancings does not exceed the
        principal amount of the obligations being extended, renewed, replaced or refinanced or, in the case of any such obligations constituting Indebtedness, that are permitted under Section 6.01(a)(xxv) as Refinancing Indebtedness in respect of
        Indebtedness permitted under Section 6.01(a)(iv);</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">88</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iv)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; any Lien existing on any asset prior to the acquisition thereof by the Issuer or any Subsidiary or existing on any asset of
        any Person that becomes a Subsidiary (or of any Person not previously a Subsidiary that is merged or consolidated with or into a Subsidiary in a transaction permitted hereunder) after the First Lien Credit Agreement Closing Date prior to the time
        such Person becomes a Subsidiary (or is so merged or consolidated); <font style="font-style: italic;">provided</font> that (A) such Lien is not created in contemplation of or in connection with such acquisition or such Person becoming a Subsidiary
        (or such merger or consolidation), (B) such Lien shall not apply to any other asset of the Issuer or any Subsidiary (other than (x) assets financed by the same financing source in the ordinary course of business and after-acquired property that is
        affixed or incorporated into the asset(s) covered by such Lien or financed by Indebtedness permitted under Section 6.01(a)(viii) or otherwise required to be pledged pursuant to the provisions governing such Indebtedness as of the time of the
        relevant acquisition by the Issuer or any Subsidiary and (y) in the case of any such merger or consolidation, the assets of any special purpose merger Subsidiary that is a party thereto) and (C) such Lien shall secure only those obligations that it
        secures on the date of such acquisition or the date such Person becomes a Subsidiary (or is so merged or consolidated) and extensions, renewals, replacements and refinancings thereof so long as the principal amount of such extensions, renewals and
        replacements does not exceed the principal amount of the obligations being extended, renewed or replaced or, in the case of any such obligations constituting Indebtedness, that are permitted under Section 6.01(a)(xxv) as Refinancing Indebtedness in
        respect of Indebtedness permitted under Section 6.01(a)(viii);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(v)</font>&#160;&#160;&#160; &#160; &#160;&#160; Liens on fixed or capital assets acquired, constructed, repaired, replaced or improved (including any such assets made the
        subject of a Capital Lease Obligation incurred) by the Issuer or any Subsidiary; <font style="font-style: italic;">provided</font> that (A) such Liens secure Indebtedness incurred to finance such acquisition, construction, repair, replacement or
        improvement and permitted by Section 6.01(a)(vii) or any Refinancing Indebtedness in respect thereof permitted by Section 6.01(a)(xxv), (B) such Liens and the Indebtedness secured thereby are incurred prior to or within 270 days after such
        acquisition or the completion of such construction, repair, replacement or improvement; <font style="font-style: italic;">provided</font> that this clause (B) shall not apply to any Refinancing Indebtedness permitted by Section 6.01(a)(xxv) or any
        Lien securing such Refinancing Indebtedness), (C) the Indebtedness secured thereby does not exceed the cost of acquiring, constructing, repairing, replacing or improving such fixed or capital asset and in any event, the aggregate principal amount
        of such Indebtedness does not exceed the amount permitted under the second proviso of Section 6.01(a)(vii) at any time outstanding and (D) such Liens shall not apply to any other property or assets of the Issuer or any Subsidiary (except assets
        financed by the same financing source in the ordinary course of business and after-acquired property that is affixed or incorporated into the asset(s) covered by such Lien or financed by Indebtedness permitted under Section 6.01(a)(vii));</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(vi)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; customary rights and restrictions contained in agreements relating to any sale or transfer pending the completion thereof in
        connection with the sale or transfer of any Equity Interests or other assets in a transaction permitted under Section 6.05;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(vii)</font>&#160;&#160;&#160;&#160;&#160;&#160; customary encumbrances or restrictions (including put and call arrangements, tag, drag, right of first refusal and similar
        rights) with respect to Equity Interests of any joint venture or similar arrangement pursuant to any joint venture or similar agreement;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">89</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(viii)</font>&#160;&#160;&#160;&#160;&#160; Liens on any cash advances or cash earnest money deposits, escrow arrangements or similar arrangements made by the Issuer or
        any Subsidiary in connection with any letter of intent or purchase agreement for an acquisition, disposition or other transaction permitted hereunder;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ix)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Liens on Collateral securing Indebtedness under the First Lien Credit Agreement permitted pursuant to Section 6.01(a)(ii)
        (or any Refinancing Indebtedness in respect thereof permitted pursuant to Section 6.01(a)(xxv)); <font style="font-style: italic;">provided</font> that such Liens are subject to the Intercreditor Agreement (or in the case of such Liens which would
        be junior to the Liens securing the Obligations, subject to the terms of an Acceptable Intercreditor Agreement);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(x)</font>&#160;&#160;&#160;&#160;&#160;&#160; Liens granted by a Subsidiary that is not a Note Party in respect of Indebtedness permitted to be incurred by such Subsidiary
        under Section 6.01(a)(xx);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(xi)</font>&#160;&#160;&#160;&#160;&#160;&#160; Liens not otherwise permitted by this Section and not securing Indebtedness for borrowed money to the extent that the
        aggregate outstanding principal amount of the obligations secured thereby outstanding under this clause (xi) at any time does not exceed the greater of (x) $45,000,000 and (y) 12.5% of Consolidated EBITDA for the most recently ended four fiscal
        quarter period for which financial statements have been delivered under Section 5.01(a) or (b) (or, in the case of any such Liens securing obligations constituting Refinancing Indebtedness permitted under Section 6.01(a)(xxv) in respect of
        Indebtedness originally incurred Section 6.01(a)(ix), such greater principal amount that is permitted in respect thereof under Section 6.01(a)(xxv));</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(xii)</font>&#160;&#160;&#160;&#160;&#160;&#160; Liens securing Indebtedness incurred as secured Indebtedness under Section 6.01(a)(xvi) or (xxi) (or incurred as secured
        Refinancing Indebtedness in respect thereof permitted pursuant to clause Section 6.01(a)(xxv) so long as such Liens are subject to an Acceptable Intercreditor Agreement);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(xiii)</font>&#160;&#160;&#160;&#160;&#160; Liens on cash and Permitted Investments granted in favor of The Pitney Bowes Bank, Inc. or one of its Subsidiaries which
        secure &#8220;credit transactions&#8221; with an &#8220;affiliate&#8221; of The Pitney Bowes Bank, Inc. which constitute or may constitute &#8220;covered transactions&#8221; pursuant to Section 23A of the Federal Reserve Act (12 U.S.C. &#167; 371c) and Regulation W of the Federal Reserve
        Board (12 CFR part 223);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(xiv)</font>&#160;&#160;&#160; &#160; Liens on property or other assets of any Subsidiary that is not a Note Party, which Liens secure Indebtedness or other
        obligations of such Subsidiary or another Subsidiary that is not a Note Party, in each case permitted under Section 6.01(a) (if applicable);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(xv)</font>&#160;&#160;&#160;&#160; Liens on Collateral securing obligations in respect of Hedging Agreements permitted by Section 6.07 and Cash Management
        Services secured pursuant to the First Lien Loan Documents and permitted by Section 6.01(a)(xxii), in each case, in accordance with the First Lien Credit Agreement;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(xvi)</font>&#160;&#160;&#160;&#160;&#160;&#160; Liens on cash and Permitted Investments used to satisfy or discharge Indebtedness; <font style="font-style: italic;">provided</font>
        such satisfaction or discharge is permitted hereunder;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(xvii)</font>&#160;&#160;&#160;&#160; [reserved];</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">90</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(xviii)</font>&#160;&#160; &#160; Liens on cash, Permitted Investments or other marketable securities securing letters of credit and other credit support
        obligations in the ordinary course of business; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(xix)</font>&#160;&#160;&#160;&#160; any Liens on cash or deposits granted in favor of any issuing bank under the First Lien Credit Agreement to cash collateralize
        defaulting lenders&#8217; participation in letters of credit or other obligations in respect of letters of credit issued under the First Lien Credit Agreement, in each case as contemplated by the First Lien Credit Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><font style="font-style: italic;">provided</font> that the expansion of Liens by virtue of accretion or amortization of original issue discount, the payment of dividends in the form of
        Indebtedness, and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies will not be deemed to be an incurrence of Liens for purposes of this Section.&#160; For purposes of determining
        compliance with this Section, (x) a Lien need not be incurred solely by reference to one category of Liens described in this Section but may be incurred under any combination of such categories (including in part under one such category and in part
        under any other such category) and (y) in the event that a Lien (or any portion thereof) meets the criteria of one or more of such categories hereof, the Issuer and its Subsidiaries shall, in their sole discretion, classify such Lien (or any
        portion thereof) solely between and among such categories.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Notwithstanding the foregoing, (i) the Issuer will not, nor will the Issuer permit any of its Subsidiaries that are Note Parties to suffer to exist any Lien on any Indenture Restricted Property to
        secure Indebtedness for borrowed money without equally and ratably securing the Obligations hereunder; and (ii) the Issuer will not permit any of its Subsidiaries that are not Note Parties to suffer to exist any Lien on any U.S. IP Rights of any of
        such Subsidiaries to secure Indebtedness for borrowed money, the Issuer and its Subsidiaries shall not incur, assume or permit to exist any Lien on any of their assets securing obligations of, or providing credit support for, the Released Group.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.03&#160;&#160;&#160; &#160; &#160;&#160; <u>Fundamental Changes</u><u>.</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Merge into or consolidate with any other Person, or permit any other Person to merge into or consolidate with it, or liquidate or dissolve, divide or otherwise dispose
        of all or substantially all of its properties and assets to any Person or group of Persons (which, for the avoidance of doubt, shall not restrict the change in organizational form), except that:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160; &#160;&#160; any Subsidiary may merge into or consolidate with (A) the Issuer so long as the Issuer shall be the continuing or surviving
        Person (and continues to be organized under the laws of the same jurisdiction), (B) [reserved] and (C) any other Subsidiary in a transaction in which the surviving entity is a Subsidiary and, if any party to such merger or consolidation is a Note
        Party, either (x) the continuing or surviving entity is a Note Party and (y) the acquisition of such Note Party by such continuing or surviving Person is otherwise permitted under 6.04; <font style="font-style: italic;">provided</font>, that,
        after giving effect to any such activities under this Section, the Note Parties are in compliance with the Collateral and Guarantee Requirement to the extent required by Section 5.11 and Section 5.12;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160; &#160; &#160; any Subsidiary may dispose of all or any of its properties and assets in a transaction permitted pursuant to Section 6.04
        and Section 6.05, so long as such disposition does not constitute a disposition of all or substantially all of the properties and assets of the Issuer and its Subsidiaries taken as a whole;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">91</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160; any Subsidiary may liquidate or dissolve; <font style="font-style: italic;">provided</font> that in the case of any
        dissolution or liquidation of a Subsidiary that is a Note Party, such Subsidiary shall at or before the time of such dissolution or liquidation transfer its assets to another Note Party unless such disposition of assets is permitted under Section
        6.05;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iv)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; any Subsidiary may engage in a merger, consolidation, dissolution or liquidation, the purpose of which is to effect an
        Investment permitted pursuant to Section 6.04 or a disposition permitted pursuant to Section 6.05; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(v)</font>&#160;&#160;&#160;&#160; &#160; &#160;&#160; so long as no Default or Event of Default shall have occurred and be continuing, or would result therefrom, the Issuer may
        merge or consolidate with (or Dispose of all or substantially all of its assets to) any other Person; <font style="font-style: italic;">provided</font> that (A) the Issuer shall be the continuing or surviving Person or (B) if (x) the Person formed
        by or surviving any such merger or consolidation is not the Issuer (y) the Issuer is not the Person into which the Issuer has been liquidated or (z) in connection with a Disposition of all or substantially all of the Issuer&#8217;s assets, the Person
        that is the transferee of such assets is not the Issuer (any such Person, a &#8220;<u>Successor Issuer</u>&#8221;), (1) the Successor Issuer shall be an entity organized or existing under the laws of the United States, (2) the Successor Issuer shall expressly
        assume all the obligations of the Issuer under this Agreement and the other Note Documents to which the Issuer is a party pursuant to a supplement, amendment or restatement hereto or thereto in form satisfactory to the Noteholder Representative
        (acting at the direction of the Required Noteholders), (3) if requested by the Noteholder Representative (acting at the direction of the Required Noteholders), the Issuer shall have delivered to the Noteholder Representative an officer&#8217;s
        certificate and an opinion of counsel, each stating that such merger or consolidation and such supplement, amendment or restatement to this Agreement or any Note Document comply with this Agreement and (4) if requested by the Noteholder
        Representative or any Noteholder, the Successor Issuer shall have delivered to the Noteholder Representative all documentation and other information required by bank regulatory authorities under applicable &#8220;know your customer&#8221; and anti-money
        laundering rules and regulations, including, without limitation, the USA PATRIOT Act and to the extent the Successor Issuer qualifies as a &#8220;legal entity customer&#8221; under the Beneficial Ownership Regulation, a Beneficial Ownership Certification in
        relation to the Issuer; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further</font>, that if the foregoing are satisfied, the Successor Issuer, will succeed to, and be substituted for, the Issuer under this
        Agreement and the original Issuer will be released.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160; &#160; &#160;&#160;&#160;&#160; Engage to any material extent in any business other than businesses of the type conducted by the Issuer and its Subsidiaries, taken as a whole, on the Closing Date; <font style="font-style: italic;">provided</font> that businesses reasonably related, incidental or ancillary thereto to the business conducted by the Issuer and its Subsidiaries, taken as a whole, on the Closing Date or reasonable extensions thereof
        shall be permitted hereunder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;">Notwithstanding the foregoing, following the First Amendment Effective Date, the Issuer and its Subsidiaries shall not merge or consolidate with any member of the Released Group or liquidate,
        dissolve, divide or otherwise dispose of all or substantially all of its properties and assets to any member of the Released Group.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">92</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.04&#160;&#160;&#160;&#160; &#160; &#160; <u>Investments, Loans, Advances, Guarantees and Acquisitions</u><u>.</u> Make, incur or permit to exist any Investment, except:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; Permitted Investments and cash;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160; &#160; &#160;&#160;&#160; investments constituting the purchase or other acquisition (in one transaction or a series of related transactions) of all or substantially all of the property and
        assets or business of any Person or of assets constituting a business unit, a line of business or division of such Person, or the Equity Interests in a Person that, upon the consummation thereof, will be a Subsidiary if, after giving effect thereto
        on a Pro Forma Basis, the Issuer would be in compliance with Sections 6.12 and 6.13 of the First Lien Credit Agreement as such provisions are in effect on the date hereof; <font style="font-style: italic;">provided</font> that the aggregate amount
        of cash consideration paid in respect of such investments (including in the form of loans or advances made to Subsidiaries that are not Note Parties) by Note Parties involving the acquisition of Subsidiaries that do not become Note Parties shall
        not, at the time such investment is made and after giving effect thereto, cause the Non-Guarantor Investment Basket to be exceeded, except, for the avoidance of doubt, to the extent of the available amount under any other basket or ratio incurrence
        test in another clause of this Section 6.04 (available for Investments by Note Parties in Subsidiaries that are not Note Parties) which is utilized to permit such investment and <font style="font-style: italic;">provided</font> that, to the extent
        such Subsidiaries do become Note Parties, the aggregate amount outstanding in reliance on this clause (b) shall be reduced by the amount initially utilized;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160; &#160; &#160; loans, leases of equipment and other extensions of credit to customers in the ordinary course of business in connection with the financing business of the Issuer and
        its Subsidiaries;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Investments existing on the First Lien Credit Agreement Closing Date and to the extent having a principal amount in excess of $5,000,000 individually or $10,000,000
        in the aggregate (in each case, other than with respect to intercompany Investments) set forth on Schedule 6.04 and any modification, replacement, renewal, reinvestment or extension thereof;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160; &#160; &#160; Investments by the Issuer and its Subsidiaries in Equity Interests of their respective Subsidiaries; <font style="font-style: italic;">provided</font> that (i) any
        such Equity Interests held by a Note Party in any other Note Party shall be pledged to the extent required by the definition of the term &#8220;Collateral and Guarantee Requirement&#8221; (and subject to the timeframes set forth in Section 5.11 or Section 5.12
        or in the Collateral Agreement or other applicable Security Documents) and (ii) the making of such Investment by any Note Party in any Subsidiary that is not a Note Party shall not, at the time such Investment is made and after giving effect
        thereto, cause the Non-Guarantor Investment Basket to be exceeded, <font style="font-style: italic;">provided</font> that if any such investment under this subclause (ii) is made for the purpose of making an investment, loan or advance permitted
        under clause (u) of this Section 6.04, the amount available under this clause (e) shall not be reduced by the amount of any such investment, loan or advance which reduces the basket under clause (u) of this Section 6.04;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">93</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;loans or advances made by the Issuer to any Subsidiary and made by any Subsidiary to the Issuer or any other Subsidiary; <font style="font-style: italic;">provided</font>
        that (i) any such loans and advances made by a Note Party in excess of $20,000,000 shall be evidenced, on and after the Closing Date, by the Global Intercompany Note or other promissory notes reasonably acceptable to the Noteholder Representative
        (acting at the direction of the Required Noteholders); <font style="font-style: italic;">provided</font> that with respect to loans and advances made after the Closing Date, evidence of such loans and advances by the Global Intercompany Note or
        other promissory note shall not be required until 60 days after the making of such loans or advances and (ii) the outstanding amount of such loans and advances pursuant to this clause (f) made by Note Parties to Subsidiaries that are not Note
        Parties at the time such loans or advances are made, and after giving effect thereto, shall not cause the Non-Guarantor Investment Basket to be exceeded, <font style="font-style: italic;">provided</font> that any intercompany loans or advances
        made by any Note Party to any Subsidiary that is not a Note Party using the proceeds of intercompany loans or advances received from Subsidiaries that are not Note Parties no more than one hundred twenty (120 days prior to making such intercompany
        loan or advance shall not be taken into account in the calculation of any restriction or basket set forth in this subclause (ii) (including the Non-Guarantor Investment Basket); <font style="font-style: italic;">provided</font>&#160;<font style="font-style: italic;">further</font> that if any such loan or advance under this subclause (ii) is made for the purpose of making an investment, loan or advance permitted under clause (u) of this Section 6.04, the amount available under
        this clause (f) shall not be reduced by the amount of any such investment, loan or advance which reduces the basket under clause (u) of this Section 6.04, <font style="font-style: italic;">provided</font><u>&#160;</u><font style="font-style: italic;">further</font>
        that any loan or advance made by any Note Party to a Subsidiary that is not a Note Party, for the purposes of calculating usage under this subclause (ii) and the Non-Guarantor Investment Basket, shall be reduced dollar-for-dollar by any amounts
        owed by such Note Party to such Subsidiary that is not a Note Party;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160;&#160;&#160;&#160; Guarantees by the Issuer or any Subsidiary in respect of Indebtedness permitted under Section 6.01 and in respect of other obligations not otherwise contemplated by
        this Section 6.04, in each case of the Issuer or any Subsidiary; <font style="font-style: italic;">provided</font> that any such Guarantees of Indebtedness, in each case of Subsidiaries that are not Note Parties by any Note Party shall not, at the
        time any such Guarantee is provided and after giving effect thereto, cause the Non-Guarantor Investment Basket to be exceeded;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(h)&#160;&#160;&#160;&#160;&#160; &#160;&#160; loans or advances to directors, officers, consultants or employees of the Issuer or any Subsidiary made in the ordinary course of business of the Issuer or such
        Subsidiary, as applicable, not exceeding $10,000,000 in the aggregate outstanding at any time (determined without regard to any write-downs or write-offs of such loans or advances);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;payroll, travel and similar advances to cover matters that are expected at the time of such advances ultimately to be treated as expenses of the Issuer or any
        Subsidiary for accounting purposes and that are made in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(j)&#160;&#160;&#160;&#160; &#160; &#160;&#160; investments received in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts and disputes with, customers and suppliers or upon
        the foreclosure with respect to any secured Investment or other transfer of title with respect to any secured Investment, in each case in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(k)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;investments in the form of Hedging Agreements permitted by Section 6.07;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(l)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;investments of any Person existing at the time such Person becomes a Subsidiary or consolidates or merges with the Issuer or any Subsidiary so long as such
        investments were not made in contemplation of such Person becoming a Subsidiary or of such consolidation or merger;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(m)&#160;&#160;&#160;&#160;&#160;&#160;&#160; investments resulting from pledges or deposits described in clauses (c), (d), (o), (r), (aa) or (dd) of the definition of the term &#8220;Permitted Encumbrances&#8221; or Section
        6.02(a)(viii);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(n)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;investments made as a result of the receipt of noncash consideration from a sale, transfer, lease or other disposition of any asset in compliance with Section 6.05;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(o)&#160;&#160;&#160;&#160;&#160;&#160; investments that result solely from the receipt by the Issuer or any Subsidiary from any of its Subsidiaries of a dividend or other Restricted Payment in the form of
        Equity Interests, evidences of Indebtedness or other securities (but not any additions thereto made after the date of the receipt thereof);</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">94</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(p)&#160;&#160; &#160; &#160;&#160;&#160; receivables or other trade payables owing to the Issuer or a Subsidiary if created or acquired in the ordinary course of business and payable or dischargeable in
        accordance with customary trade terms; <u>provided</u> that such trade terms may include such concessionary trade terms as the Issuer or any Subsidiary deems reasonable under the circumstances;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(q)&#160;&#160;&#160;&#160;&#160;&#160; mergers and consolidations permitted under Section 6.03 that do not involve any Person other than the Issuer and Subsidiaries that are wholly&#8209;owned subsidiaries;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(r)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Investments in the form of letters of credit, bank guarantees, performance bonds or similar instruments or other creditor support or reimbursement obligations made
        in the ordinary course of business by the Issuer on behalf of any Subsidiary and made by any Subsidiary on behalf of the Issuer or any other Subsidiary; <u>provided</u> that at the time such letters of credit, bank guarantees, performance bonds or
        similar instruments or other creditor support or reimbursement obligations are made by Note Parties on behalf of Subsidiaries that are not Note Parties pursuant to this clause (r), and after giving effect thereto, such obligations shall not cause
        the Non-Guarantor Investment Basket to be exceeded;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(s)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Guarantees by the Issuer or any Subsidiary of leases (other than Capitalized Leases) or of other obligations that do not constitute Indebtedness, in each case
        entered into in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(t)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Investments, so long as, both (x) after giving effect thereto on a Pro Forma Basis, the Consolidated Total Leverage Ratio does not exceed 1.50:1.00 and (y) the
        Consolidated Total Leverage Ratio as at the end of each of the two most recently ended fiscal quarters for which financial statements have been delivered pursuant to Section 5.01(a) or (b) does not exceed 1.50 to 1.00;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(u)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; other Investments by the Issuer or any Subsidiary (and loans and advances by the Issuer) made in the ordinary course of business of the Issuer or any such Subsidiary
        and for a bona fide business purposes in an aggregate amount, as valued at cost at the time each such Investment is made and including all related commitments for future Investments (and the principal amount of any Indebtedness that is assumed or
        otherwise incurred in connection with such Investment), outstanding under this clause (u) at any time in an aggregate amount not exceeding the sum of (i) the greater of (x) $50,000,000 and (y) 15.0% of Consolidated EBITDA for the most recently
        ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b) <font style="font-style: italic;">plus</font> (ii) an amount equal to any returns of capital or sale proceeds actually received in
        cash in respect of any such Investments (which amount shall not exceed the amount of such Investment valued at cost at the time such investment was made);&#160;<font style="font-style: italic;">provided</font> that, prior to the Covenant Termination
        Date, after giving effect to the making of any such Investment under this clause (u), the Consolidated Total Leverage Ratio shall not exceed 2.50:1.00; <font style="font-style: italic;">provided, further</font>, that prior to January 1, 2026 (or,
        if earlier, the Covenant Termination Date), no Investment shall be made under this clause (u);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Investments consisting of (i) extensions of trade credit and accommodation guarantees in the ordinary course of business and (ii) loans and advances to customers; <font style="font-style: italic;">provided</font> that the aggregate principal amount of such loans and advances outstanding under this clause (ii) at any time shall not exceed $10,000,000;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">95</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(w)&#160;&#160;&#160; &#160; &#160;&#160; Permitted Bond Hedge Transactions which constitute Investments;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(x)&#160;&#160;&#160;&#160;&#160;&#160; Investments in the ordinary course of business consisting of Uniform Commercial Code Article 3 endorsements for collection or deposit and Uniform Commercial Code
        Article 4 customary trade arrangements with customers in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(y)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Investments (i) for utilities, security deposits, leases and similar prepaid expenses incurred in the ordinary course of business and (ii) in the form of trade
        accounts created, or prepaid expenses accrued, in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(z)&#160;&#160;&#160;&#160;&#160;&#160;&#160; non-cash Investments in connection with tax planning and reorganization activities; <font style="font-style: italic;">provided</font> that, after giving effect to any
        such activities, the security interests of the Noteholders in the Collateral, taken as a whole, would not be impaired;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(aa)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Investments which are customary (as determined in good faith by the Issuer) in connection with Permitted Receivables Facilities;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(bb)&#160;&#160;&#160;&#160;&#160;&#160; Investments in joint ventures; <font style="font-style: italic;">provided</font> that at the time of any such Investment on a Pro Forma Basis, the aggregate amount at
        any time outstanding of all such Investments made in reliance on this clause (bb) shall not exceed the greater of $50,000,000 and 15.0% of Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements
        have been delivered under Section 5.01(a) or (b);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(cc)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Investments in the form of loans or advances made to distributors and suppliers in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(dd)&#160;&#160;&#160; &#160; to the extent they constitute Investments, guaranties in the ordinary course of business of the obligations of suppliers, customers, franchisees, lessors and licensees
        of the Issuer and any Subsidiary;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(ee)&#160;&#160;&#160;&#160;&#160; &#160; (x) the DIP Financing provided pursuant to clause (c) of the definition of Ecommerce Restructuring in an aggregate amount not to exceed $60,000,000; provided that,
        such DIP Financing shall be pledged to the Noteholder Representative (for the benefit of the Secured Parties) as Collateral pursuant to and in accordance with the terms of the Collateral Agreement, and (y) the ownership by Pitney Bowes
        International Holdings, Inc. of the Equity Interests of DRF Logistics, LLC following the consummation of the Ecommerce Restructuring;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(ff)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Investments in any Subsidiary in connection with intercompany cash management arrangements or related activities arising in the ordinary course of business and
        consistent with past practice;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(gg)&#160;&#160;&#160;&#160;&#160;&#160; Investments to the extent that payment for such Investments is made solely with the issuance of Equity Interests (other than Disqualified Equity Interests) of the
        Issuer; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(hh)&#160;&#160;&#160;&#160;&#160; (i) any balances outstanding and owing by the Released Group to the Issuer and its Subsidiaries under the Global Intercompany Note on the First Amendment Effective
        Date, (ii) Indebtedness (or cancellation of thereof) owed by the Released Group to the Issuer or its Subsidiaries as of the First Amendment Effective Date or (iii) as expressly required under the Specified GEC Note.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">96</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">For purposes of this Section 6.04, if any Investment (or a portion thereof) would be permitted pursuant to one or more of the provisions described above and/or one or more of the exceptions
        contained in this Section, the Issuer and its Subsidiaries may divide and classify such Investment (or a portion thereof) in any manner that complies with this covenant.&#160; Other than as expressly permitted by clause (ee) or (hh) above, no Investment
        may be made or permitted to exist by the Issuer and its Subsidiaries in any member of the Released Group, except as set forth on Schedule 1(b) of the Shared Services Agreement.</div>
      <div>&#160;</div>
      <div style="text-indent: 36pt;">Section 6.05&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Asset Sales</u><u>.</u> Sell, transfer, lease or otherwise dispose of any asset (other than assets sold, transferred, leased or otherwise disposed of in a single transaction or a series of
        related transactions with a fair market value of $25,000,000 or less), including any Equity Interest owned by it, nor will the Issuer permit any Subsidiary to issue any additional Equity Interest in such Subsidiary (other than issuing directors&#8217;
        qualifying shares and other than issuing Equity Interests to the Issuer or another Subsidiary), except:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; sales, transfers, leases and other dispositions of (i) inventory, (ii) used, obsolete, damaged, worn out or surplus equipment, (iii) property no longer used or useful
        in the conduct of the business of the Issuer and its Subsidiaries (including IP Rights) and (iv) cash and Permitted Investments, in each case in the ordinary course of business;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; sales, transfers, leases and other dispositions to the Issuer or a Subsidiary; <u>provided</u> that any such sales, transfers, leases or other dispositions involving
        a Subsidiary that is not a Note Party shall, to the extent applicable, be made in compliance with Section 6.04, Section 6.09 and Section 6.15;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160; &#160; &#160; sales, transfers and other dispositions or forgiveness of accounts receivable in connection with the compromise, settlement or collection thereof not as part of any
        accounts receivables financing transaction (including sales to factors and other third parties);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (i) sales, transfers, leases and other dispositions of assets to the extent that such assets constitute an investment permitted by clause (j), (l) or (n) of Section
        6.04 or another asset received as consideration for the disposition of any asset permitted by this Section (in each case, other than Equity Interests in a Subsidiary, unless all Equity Interests in such Subsidiary (other than directors&#8217; qualifying
        shares) are sold) and (ii) sales, transfers, and other dispositions of the Equity Interests of a Subsidiary by the Issuer or a Subsidiary to the extent such sale, transfer or other disposition would be permissible as an Investment in a Subsidiary
        permitted by Section 6.04(e) or (u);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; leases or subleases entered into in the ordinary course of business, to the extent that they do not materially interfere with the business of the Issuer or any
        Subsidiary;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; non-exclusive licenses or sublicenses of IP Rights granted in the ordinary course of business or other licenses or sublicenses of IP Rights granted in the ordinary
        course of business that do not materially interfere with the business of the Issuer or any Subsidiary;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; dispositions resulting from any casualty or other insured damage to, or any taking under power of eminent domain or by condemnation or similar proceeding of, and
        transfers of property arising from foreclosure or similar action with regard to, any asset of the Issuer or any Subsidiary;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">97</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; dispositions of assets to the extent that (i) such assets are exchanged for credit against the purchase price of similar replacement assets or (ii) the proceeds of
        such disposition are promptly applied to the purchase price of such replacement assets;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;dispositions permitted by Section 6.02, Section 6.04 and Section 6.08;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;[reserved];</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(k)&#160;&#160;&#160;&#160;&#160; &#160;&#160; sales, transfers, leases and other dispositions of assets that are not permitted by any other clause of this Section; <font style="font-style: italic;">provided</font>
        that no Event of Default has occurred and is continuing or would result therefrom;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(l)&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; sales, transfers or other dispositions of Permitted Receivables Facility Assets in connection with Permitted Receivables Facilities;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(m)&#160;&#160;&#160;&#160;&#160;&#160;&#160; sales, transfers or other dispositions of any assets (including Equity Interests) (A) acquired in connection with any acquisition or other investment permitted under
        Section 6.04, which assets are not used or useful to the core or principal business of the Issuer and its Subsidiaries and/or (B) made to obtain the approval of any applicable antitrust authority in connection with an acquisition permitted under
        Section 6.04;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(n)&#160;&#160;&#160;&#160;&#160;&#160; &#160; sales, transfers or other dispositions of Investments in joint ventures to the extent required by, or made pursuant to customary buy/sell arrangements between, the
        joint venture parties set forth in joint venture arrangements and similar binding arrangements;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(o)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to the extent constituting a disposition governed by this Section, the unwinding or early termination or settlement of any Hedging Agreement or any Permitted Bond
        Hedge Transaction or Permitted Warrant Transaction or other option, forward or other derivative contract; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(p)&#160;&#160;&#160;&#160;&#160; &#160;&#160; the sale, transfer or other disposition (including by subscription of equity interests by a third party in such entities) of voting interests in PBGEC pursuant to
        clause (b) of the definition of Ecommerce Restructuring;</div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-style: italic;">provided</font> that all sales, transfers, leases and other dispositions permitted hereby (other than those permitted by clauses (a)(iii), (b) and (c) of this Section 6.05) for a
        purchase price in excess of $25,000,000 shall be made for fair value (as reasonably determined in good faith by the Issuer), shall be subject to Section 6.15, and at least 75% of the consideration from all sales, transfers, leases and other
        dispositions permitted hereby (other than those permitted by clauses (b), (d), (g) or (h) of this Section 6.05) is in the form of cash or Permitted Investments; <font style="font-style: italic;">provided</font>&#160;<font style="font-style: italic;">further</font>
        that (i) any consideration in the form of Permitted Investments that are disposed of for cash consideration within thirty (30) days after such sale, transfer or other disposition shall be deemed to be cash consideration in an amount equal to the
        amount of such cash consideration for purposes of this proviso, (ii) any liabilities (as shown on the Issuer&#8217;s or such Subsidiary&#8217;s most recent balance sheet provided hereunder or in the footnotes thereto) of the Issuer or such Subsidiary, other
        than liabilities that are by their terms subordinated to the payment in cash of the Obligations, that are assumed by the transferee with respect to the applicable sale, transfer, lease or other disposition and for which the Issuer and all its
        Subsidiaries shall have been validly released by all applicable creditors in writing shall be deemed to be cash consideration in an amount equal to the liabilities so assumed and (iii) any Designated Non-Cash Consideration received by the Issuer or
        such Subsidiary in respect of such sale, transfer, lease or other disposition having an aggregate fair market value, taken together with all other Designated Non-Cash Consideration received pursuant to this clause (iii) that is at that time
        outstanding, not in excess of the greater of (x) $50,000,000 and (y) 10.0% of Consolidated EBITDA for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b) at the time of
        the receipt of such Designated Non-Cash Consideration, with the fair market value of each item of Designated Non-Cash Consideration being measured at the time received and without giving effect to subsequent changes in value, shall be deemed to be
        cash consideration.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">98</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-indent: 36pt;">Notwithstanding the foregoing, no sale, transfer, lease or other disposition of assets or issuance of Equity Interests may be made by the Issuer or any of its Subsidiaries to any member of the Released Group other than
        the provision of the DIP Financing.</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">Section 6.06&#160;&#160;&#160; &#160; &#160;&#160; <u>Sale and Leaseback Transactions</u><u>.</u> Enter into any arrangement, directly or indirectly (other than intercompany arrangements between or among the Issuer and any other Note Party or
        between or among Subsidiaries that are not Note Parties), whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or other
        property that it intends to use for substantially the same purpose or purposes as the property sold or transferred; provided that, for the avoidance of doubt, this covenant shall not prohibit the previously entered into sale and leaseback of the
        property located at 27 Waterview Drive, Shelton, CT, 06484 or any renewal or extension or replacement of the lease with respect to such property.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.07&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Hedging Agreements</u><u>.</u> Enter into any Hedging Agreement other than Hedging Agreements that are entered into in the ordinary course of business and not for
        speculative purposes.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.08&#160;&#160;&#160; &#160; &#160;&#160; <u>Restricted Payments; Certain Payments of Junior Indebtedness</u><u>.</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that so
        long as no Event of Default has occurred and is continuing (or would result therefrom):</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160; &#160; &#160;&#160; any Subsidiary may declare and pay dividends or make other distributions with respect to its Equity Interests, or make
        other Restricted Payments in respect of its Equity Interests, in each case ratably (or on a greater than ratable basis to any Note Party) to the holders of such Equity Interests;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Issuer may declare and pay dividends with respect to its Equity Interests payable solely in shares of Qualified Equity
        Interests or Disqualified Equity Interests permitted hereunder;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160; &#160; the Issuer may make Restricted Payments, not exceeding the greater of (A) $35,000,000 and (B) 7.5% of Consolidated EBITDA
        for the most recently ended four fiscal quarter period for which financial statements have been delivered under Section 5.01(a) or (b) (with unused amounts being carried over to the succeeding fiscal years, subject to an aggregate cap of up to
        $50,000,000 in any fiscal year under this clause (iii)) during any fiscal year, pursuant to and in accordance with stock option plans or other benefit or stock based compensation plans for directors, officers, consultants or employees of the Issuer
        and its Subsidiaries;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">99</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iv)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; so long as no Default or Event of Default has occurred or is continuing (which condition, in the case of a regular quarterly
        dividend, shall be tested at the time of declaration of such dividend only, so long as the relevant dividend is paid within 60 days after the date of such declaration), the Issuer may declare and pay dividends with respect to or repurchase its
        Equity Interests in an aggregate amount for all such dividends and repurchases not to exceed $36,000,000 per fiscal year of the Issuer so long as, to the extent such Restricted Payment is made on account of Equity Interests, such Restricted Payment
        does not result in an annualized dividend yield (measured based on the average of the daily volume weighted average prices of the Issuer&#8217;s common equity on the New York Stock Exchange over the period of thirty (30) consecutive trading days ending
        ten (10) Business Days prior to the declaration date for relevant dividend) greater than 6.25%; <font style="font-style: italic;">provided </font>that amounts used pursuant to Section 6.14 shall reduce the amount available under this Section
        6.08(a)(iv); <font style="font-style: italic;">provided further</font> that for the purposes of this clause (iv), each Dollar applied to such repurchases of Equity Interests shall count as $2 for purposes of the calculation of this basket;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(v)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the Issuer may make cash payments in lieu of the issuance of fractional shares in connection with the exercise or
        settlement of any warrants or other option or forward contract with respect to the Issuer&#8217;s capital stock or the conversion or exchange of Convertible Indebtedness or other securities convertible into or exchangeable for Equity Interests in the
        Issuer;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(vi)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Issuer may repurchase Equity Interests upon the exercise of stock options if such Equity Interests represent a portion
        of the exercise price of such stock options (and related redemption or cancellation of shares for payment of taxes or other amounts relating to the exercise under such stock option or other benefit plans);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(vii)</font>&#160;&#160;&#160;&#160;&#160; concurrently with any issuance of Qualified Equity Interests, the Issuer may redeem, purchase or retire any Equity Interests
        of the Issuer using the proceeds of, or convert or exchange any Equity Interests of the Issuer for, such Qualified Equity Interests;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(viii)</font>&#160;&#160;&#160; &#160; (A) any non-cash repurchases or withholdings of Equity Interests in connection with the exercise of stock options, warrants
        or similar rights if such Equity Interests represent a portion of the exercise of, or withholding obligations with respect to, such options, warrants or similar rights (for the avoidance of doubt, it being understood that any required withholding
        or similar tax related thereto may be paid by the Issuer or any Subsidiary in cash), and (B) loans or advances to officers, directors and employees of the Issuer or any Subsidiary in connection with such Person&#8217;s purchase of Equity Interests of the
        Issuer, <u>provided</u> that no cash is actually advanced pursuant to this clause (B) other than to pay taxes due in connection with such purchase, unless immediately repaid;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ix)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Issuer may make cash payments in connection with any conversion or exchange of Convertible Indebtedness in an amount
        equal to the sum of (i) the principal amount of such Convertible Indebtedness and (ii) the proceeds of any payments received by the Issuer or any of its Subsidiaries pursuant to the exercise, settlement or termination of any released Permitted Bond
        Hedge Transactions; and</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">100</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(x)</font>&#160; &#160;&#160;&#160; the Issuer may make payments in connection with a Permitted Bond Hedge Transaction and the settlement of any related Permitted
        Warrant Transaction (i) by delivery of shares of the Issuer&#8217;s Equity Interests upon net share settlement thereof or (ii) by (A) set off against the related Permitted Bond Hedge Transaction and (B) payment of an early termination amount thereof in
        common Equity Interests of the Issuer upon any early termination thereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Prepay, redeem, purchase or otherwise satisfy any Indebtedness that is subordinated in right of payment to the Obligations (excluding, for the avoidance of doubt, any
        subordinated obligations owing to the Issuer or any Subsidiary) (collectively, &#8220;<u>Restricted Debt Payments</u>&#8221;), except for:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160; payments of Indebtedness created under this Agreement or any other Note Document;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; regularly scheduled interest and principal payments as and when due in respect of any such Indebtedness, other than payments
        in respect of such Indebtedness prohibited by the subordination provisions thereof;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160; &#160;&#160; refinancings of Indebtedness with the proceeds of other Indebtedness permitted under Section 6.01;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iv)</font>&#160;&#160;&#160; &#160; &#160;&#160; [reserved];</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(v)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;[reserved];</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(vi)</font>&#160;&#160;&#160;&#160; &#160;&#160; payments required by the terms of the relevant Indebtedness, which terms are designed to ensure such instrument would not be
        treated, at issuance, as an &#8220;applicable high yield discount obligation&#8221; within the meaning of Section 163(i) of the Code; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(vii)</font>&#160; &#160; &#160;&#160;&#160; the conversion of such Indebtedness to, or exchange of such Indebtedness for, Qualified Equity Interests of the Issuer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(viii)</font>&#160; &#160; &#160; For purposes of this Section, if any Restricted Payment (or a portion thereof) would be permitted pursuant to one or more
        provisions described above and/or one or more of the exceptions contained in this Section, the Issuer and its Subsidiaries may divide and classify such Restricted Payment (or a portion thereof) in any manner that complies with this covenant.</div>
      <div>&#160;</div>
      <div style="text-indent: 36pt; text-align: justify;">Section 6.09&#160;&#160;&#160;&#160; &#160; &#160; <u>Transactions with Affiliates</u><u>.</u> The Issuer will not, nor will the Issuer permit any Subsidiary to, sell, lease or otherwise transfer any assets to, or purchase,
        lease or otherwise acquire any assets from, or otherwise engage in any other transactions (or series of related transactions) involving aggregate consideration in excess of $20,000,000 with, any of its Affiliates, except (i) transactions that are
        at prices and on terms and conditions not less favorable to the Issuer or such Subsidiary, taken as a whole, than could be obtained on an arm&#8217;s-length basis from unrelated third parties, (ii) transactions (A) between or among the Note Parties not
        involving any other Affiliate or (B) between or among Subsidiaries that are not Note Parties and not including any Note Parties, (iii) Restricted Payments made to the Issuer or any Subsidiary permitted under Section 6.08 and Investments in
        Subsidiaries permitted under Section 6.04 and any other transaction involving the Issuer and the Subsidiaries permitted under Section 6.03 to the extent such transaction is between the Issuer and one or more Subsidiaries or between two or more
        Subsidiaries, (iv) the payment of reasonable fees to directors of the Issuer or any Subsidiary who are not employees of the Issuer or any Subsidiary, and compensation and employee benefit arrangements paid to, and indemnities provided for the
        benefit of, directors, officers, consultants or employees of the Issuer or its Subsidiaries in the ordinary course of business, (v) any issuances of securities or other payments, awards or grants in cash, securities or otherwise pursuant to, or the
        funding of, employment agreements, stock options and stock ownership plans approved by the Issuer&#8217;s board of directors, (vi) employment and severance arrangements entered into in the ordinary course of business between the Issuer or any Subsidiary
        and any employee thereof and approved by the Issuer&#8217;s board of directors, (vii) payments made to other Subsidiaries arising from or in connection with any customary tax consolidation and grouping arrangements, (viii) the Ecommerce Restructuring,
        (ix) the DIP Financing and (x) the Global Intercompany Note as of the First Amendment Effective Date.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">101</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-indent: 36pt; text-align: justify;">Section 6.10&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Restrictive Agreements</u><u>.</u> Enter into or permit to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon (a) the ability
        of the Issuer or any Subsidiary to create, incur or permit to exist any Lien upon any of its assets that are Collateral or required to be Collateral to secure the Obligations or (b) the ability of any Subsidiary that is not a Note Party to pay
        dividends or other distributions with respect to any of its Equity Interests, to make or repay loans or advances to the Issuer or any Note Party or to transfer any of its properties or assets to the Issuer or any Note Party; <font style="font-style: italic;">provided</font> that the foregoing shall not apply to (A) restrictions and conditions imposed by law or by this Agreement or in any Note Document, (B) restrictions and conditions imposed by (i) any document governing
        any Refinancing Indebtedness, (ii) any document governing Alternative Incremental Facility Debt or any Refinancing Indebtedness in respect thereof, (iii) the Existing Senior Notes Documents as in effect on the Closing Date or any Refinancing
        Indebtedness in respect thereof, or (iv) the First Lien Loan Documents as in effect on the Closing Date or any Refinancing Indebtedness in respect thereof; <font style="font-style: italic;">provided</font>, in each case, that the restrictions and
        conditions contained in any such agreement or document taken as a whole are not materially less favorable (as reasonably determined by the Issuer in good faith) to the Noteholders than the restrictions and conditions imposed by the Existing Senior
        Notes Documents and First Lien Loan Documents, in each case, as in effect on the Closing Date, (C) in the case of any Subsidiary that is not a wholly&#8209;owned subsidiary, customary restrictions and conditions imposed by its organizational documents or
        any related joint venture or similar agreements; <font style="font-style: italic;">provided</font> that such restrictions and conditions apply only to such Subsidiary and to the Equity Interests of such Subsidiary, (D) customary restrictions and
        conditions (as reasonably determined by the Issuer in good faith) contained in agreements relating to the sale of a Subsidiary or any assets of the Issuer or any Subsidiary, in each case pending such sale; <font style="font-style: italic;">provided</font>
        that such restrictions and conditions apply only to such Subsidiary or the assets that are to be sold and, in each case, such sale is permitted hereunder, (E) restrictions and conditions existing on the First Lien Credit Agreement Closing Date and
        identified on <u>Schedule 6.10</u> (and any extension or renewal of, or any amendment, modification or replacement of the documents set forth on such schedule that do not expand the scope of, any such restriction or condition in any material
        respect), (F) restrictions and conditions imposed by any agreement relating to Indebtedness of any Subsidiary in existence at the time such Subsidiary became a Subsidiary and otherwise permitted by clause (viii) of Section 6.01(a) or to any
        restrictions in any Indebtedness of a non-Note Party Subsidiary permitted by clause (ix) or (xx) of Section 6.01(a), in each case if such restrictions and conditions apply only to such Subsidiary and its subsidiaries, (G) customary prohibitions,
        restrictions and conditions (as reasonably determined by the Issuer in good faith) contained in agreements relating to a Permitted Receivables Facility, (H) any encumbrance or restriction under documentation governing other Indebtedness of the
        Issuer and any Subsidiaries permitted to be incurred pursuant to Section 6.01, <font style="font-style: italic;">provided</font> that such encumbrances or restrictions will not impair (as reasonably determined by the Issuer in good faith) (1) the
        Issuer&#8217;s ability to make principal and interest payments hereunder or (2) the ability of the Note Party to provide any Lien upon any of its assets that are Collateral or required to be Collateral, (I) customary provisions in leases, licenses,
        sublicenses and other contracts (including non-exclusive licenses and sublicenses of intellectual property) restricting the assignment thereof, (J) restrictions imposed by any agreement relating to secured Indebtedness or other Liens permitted by
        this Agreement to the extent such restriction applies only to the property securing such Indebtedness or covered by such Liens, (K) restrictions on cash (or Permitted Investments) or other deposits imposed by agreements entered into in the ordinary
        course of business (or other restrictions on cash or deposits subject to or constituting Permitted Encumbrances), (L) customary restrictions contained in leases, subleases, licenses, sublicenses or asset sale agreements otherwise permitted hereby
        so long as such restrictions relate only to the assets subject thereto, (M) customary provisions restricting subletting or assignment of any lease governing a leasehold interest of the Issuer or any Subsidiary and (N) customary net worth provisions
        contained in real property leases entered into by Subsidiaries, so long as the Issuer has reasonably determined in good faith that such net worth provisions would not reasonably be expected to impair the ability of the Issuer and its Subsidiaries
        to meet their ongoing obligations.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">102</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-indent: 36pt;">Section 6.11&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Amendment of Material Documents, Etc</u><u>.</u> Amend, modify, change or waive its certificate of incorporation, bylaws or other organizational documents, if the effect of such amendment,
        modification or waiver would be materially adverse to the Noteholders without the consent of the Required Noteholders, other than in connection with clause (a) of the definition of &#8220;Ecommerce Restructuring&#8221;.</div>
      <div style="text-indent: 36pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.12&#160;&#160;&#160;&#160;&#160;&#160; &#160; <u>Amendments to Indebtedness</u>.</div>
      <div style="text-indent: 36pt;">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160; &#160; &#160; Amend or otherwise modify any of the Existing Senior Notes Documents, if the effect of such amendment, modification, change or waiver would be adverse in any material
        respect to the Noteholders without the consent of the Required Noteholders.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160; &#160; Amend or otherwise modify any document, agreement or instrument evidencing any Indebtedness that is subordinated in right of payment to the Obligations (excluding any
        subordinated obligations owing to the Issuer or any Subsidiary) other than amendments, modifications or changes that do not affect the subordination or payment provisions thereof (if any) in a manner adverse in any material respect to the
        Noteholders.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Amend or otherwise modify any of the First Lien Loan Documents in a manner adverse in any material respect to the Noteholders (as determined reasonably and in good
        faith by the Issuer) without the consent of the Required Noteholders.</div>
      <div>&#160;</div>
      <div style="text-indent: 36pt;">Section 6.13&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Changes in Fiscal Periods</u><u>.</u> Make any change in fiscal year; <font style="font-style: italic;">provided</font>, however, that the Issuer may, upon written notice to the Noteholder
        Representative, change its fiscal year to any other fiscal year reasonably acceptable to the Noteholder Representative (acting at the direction of the Required Noteholders), in which case the Issuer and the Noteholder Representative will, and are
        hereby authorized by the Noteholders, to make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">103</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.14&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Existing Senior Notes</u>. Notwithstanding anything to the contrary in this Agreement, at any time, directly or indirectly, repay, prepay, exchange, refinance or defease any
        of the Existing Senior Notes or repurchase, redeem, retire or otherwise acquire any of the Existing Senior Notes other than (a) regularly scheduled payments of interest or fees due under the Existing Senior Notes Documents (as in effect on the date
        hereof), (b) with cash proceeds of issuances of other unsecured notes that constitute Refinancing Indebtedness with respect to the Existing Senior Notes or (c) with cash proceeds of Equity Interests (other than Disqualified Stock) issued by the
        Issuer, <font style="font-style: italic;">provided</font> that the Issuer may incur (x)&#160; Indebtedness that is secured by the Collateral on a <font style="font-style: italic;">pari passu</font> basis with the Obligations to refinance the Senior
        Notes due 2027, so long as, after giving effect thereto, the First Lien Leverage Ratio does not exceed 2.50:1.00 (or, after the Covenant Termination Date, 2.75:1.00), or (y)&#160; Indebtedness that is secured by the Collateral on a junior basis to the
        Obligations to refinance the Senior Notes due 2027, so long as the Consolidated Secured Leverage Ratio does not exceed 3.75:1.00. Notwithstanding the foregoing, (A) the Issuer may purchase Senior Notes due 2027 at price not to exceed 80% (or 85%,
        to the extent the Consolidated Total Leverage Ratio is less than 2.50:1.00) of par in an aggregate amount not to exceed $50,000,000, <font style="font-style: italic;">plus</font> (x) to the extent the Consolidated Total Leverage Ratio is less than
        3.00:1.00, 50% (or 100% to the extent the Consolidated Total Leverage Ratio is less than 2.50:1.00) of the amount available to be used under Section 6.08(a)(iv) at such time; <font style="font-style: italic;">provided</font> that, to the extent
        used pursuant to this Section 6.14, such amount shall reduce the amount available under Section 6.08(a)(iv) and (B) Issuer may repay or repurchase Senior Notes due 2027 using proceeds of revolving credit borrowings under its First Lien Credit
        Agreement or cash, so long as the First Lien Leverage Ratio is less than or equal to 2.50:1.00 (or 2.75:1.00 following the Covenant Termination Date) on a Pro Forma Basis, <font style="font-style: italic;">provided </font>that any cash so applied
        that is not from a borrowing under the First Lien Credit Agreement shall be treated as an incurrence of a corresponding amount of Consolidated First Lien Debt.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 6.15&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Material Assets</u>.&#160; Notwithstanding anything in this Agreement to the contrary, Issuer shall not, and shall not permit any of its Subsidiaries to directly or indirectly
        transfer, by means of contribution, sale, assignment, lease or sublease, license or sublicense, or other disposition of any kind (including, for avoidance of doubt, as an Investment, Restricted Payment or asset sale), any (a) Material Intellectual
        Property of a Note Party to any person other than a Note Party, (b) Material Intellectual Property of a Subsidiary that is not a Note Party other than to the Issuer or any other Subsidiary or (c) other assets of any Note Party that are material to
        the business of the Issuer and its Subsidiaries, taken as a whole (&#8220;<u>Other Material Business Assets</u>&#8221;) to any Subsidiary that is not a Note Party or to any member of the Released Group, except in each case, (i) non-exclusive licenses permitted
        pursuant to clause (v) of the definition of Permitted Encumbrances and the granting of Liens permitted by Section 6.02, in each case, for bona fide business purposes, (ii) non-exclusive licenses as set forth on Schedule 6.01(d) under the heading
        &#8220;Material Assets&#8221; and (iii) for the avoidance of doubt, as part of the bona fide sale to a third party of the business that uses such IP Rights or Other Material Business Assets in a transaction permitted by Section 6.05 (so long as such IP Rights,
        if applicable, will not constitute Material Intellectual Property after giving effect to the disposition of such business).</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(1, 0, 0); font-weight: bold;">ARTICLE VII</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">EVENTS OF DEFAULT</div>
      <div>&#160;</div>
      <div style="text-indent: 36pt;">Section 7.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Event of Default</u>.&#160; In case of the happening of any of the following events (each, an &#8220;<u>Event of Default</u>&#8221;):</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160; &#160; &#160;&#160;&#160; any representation or warranty made or deemed made in or in connection with any Note Document or the issuances of Notes hereunder, or any representation, warranty,
        statement or information contained in any report, certificate, financial statement or other instrument furnished in connection with or pursuant to any Note Document, shall prove to have been incorrect or untrue in any material respect when so made,
        deemed made or furnished;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; default shall be made in the payment of any principal of any Note when and as the same shall become due and payable, whether at the due date thereof or at a date fixed
        for redemption thereof or by acceleration thereof or otherwise;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160; &#160; &#160; default shall be made in the payment of any interest on any Note or any Fee or any other amount (other than an amount referred to in clause (b) above) due under any
        Note Document, when and as the same shall become due and payable, and such default shall continue unremedied for a period of five (5) Business Days;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">104</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160; default shall be made in the due observance or performance by the Issuer or any Subsidiary of any covenant, condition or agreement contained in Section 5.02(a),
        Section 5.04 (with respect to the existence of the Issuer), Section 5.11, Section 5.13, Section 5.14 or Article VI;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160; default shall be made in the due observance or performance by the Issuer or any Subsidiary of any covenant, condition or agreement contained in (i) Section 5.15 (after
        giving effect to any permitted extensions thereunder) and such failure shall continue unremedied for a period of 10 days from the earlier of (x) the date on which a Responsible Officer of the Issuer or such Subsidiary obtains knowledge thereof or
        (y) written notice thereof from the Noteholder Representative or any Noteholder to the Issuer or (ii) any other provision of any Note Document (other than those specified in clause (b), (c), (d) or (e)(i) above) and such default shall continue
        unremedied for a period of thirty (30) days from the earlier of (x) the date on which a Responsible Officer of the Issuer or such Subsidiary obtains knowledge thereof or (y) written notice thereof from the Noteholder Representative or any
        Noteholder to the Issuer;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(i) the Issuer or any Subsidiary shall fail to make any payment, regardless of amount, due in respect of any Material Indebtedness, when and as the same shall become
        due and payable after any grace or cure period, or (ii) (x) any other event or condition occurs that results in any Material Indebtedness becoming due or being terminated prior to its scheduled maturity, and (y) any other event or condition occurs
        that enables or permits (with all applicable grace periods in respect of such event or condition under the documentation representing such Material Indebtedness having expired) the holder or holders of any Material Indebtedness or any agent on its
        or their behalf, or, in the case of any Hedging Agreement, the applicable counterparty, to cause any Material Indebtedness to become due, or to require the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; <font style="font-style: italic;">provided</font> that an event of default under Section 6.12 or Section 6.13 of the First Lien Credit Agreement as in effect on the date hereof shall not constitute an Event of Default with respect to the Notes unless
        and until the lenders thereunder have declared the First Lien Debt then outstanding to be immediately due and payable and the First Lien Credit Agreement to be terminated, in each case in accordance with the First Lien Credit Agreement, and such
        declaration has not been rescinded on or before such date; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further</font>, that (x) clause (ii) shall not apply to (A) secured Indebtedness that becomes due as a
        result of the voluntary sale or transfer or other disposition (including as a result of a casualty or condemnation event) of the property or assets securing such Indebtedness (to the extent such sale, transfer or other disposition is not prohibited
        under this Agreement) so long as such Indebtedness is repaid in accordance with its terms (including as such terms may be modified or waived in connection with such sale or transfer), (B) any Indebtedness permitted by this Agreement that becomes
        due or required to be repurchased or offered to be repurchased as a result of the voluntary sale, transfer or other disposition (including as a result of a casualty or condemnation event) of assets of the Issuer and its Subsidiaries pursuant to
        customary asset sale offer or asset sale prepayment provisions applicable to such Indebtedness (so long as the relevant sale, transfer or other disposition is not prohibited under this Agreement or under the agreement governing such other
        Indebtedness and the requirements of Section 2.11(a) have been or are being satisfied in connection therewith), (C) any Indebtedness that becomes due as a result of a voluntary refinancing thereof permitted under Section 6.01, (D) any conversion
        of, or trigger of conversion rights with respect to, any Convertible Indebtedness in accordance with its terms (whether or not such conversion is to be settled in cash or capital stock or a combination thereof) unless such conversion results from
        any event of default thereunder or a &#8220;change of control&#8221;, &#8220;fundamental change&#8221; or similar occurrence thereunder; <font style="font-style: italic;">provided</font> that the Issuer has the right to settle any such Indebtedness into Equity Interests
        of the Issuer (and (1) nominal cash payments in respect of fractional shares and cash payments in respect of accrued and unpaid interest in accordance with the terms or conditions thereof and (2) cash payments in an amount not to exceed the
        principal amount of such Convertible Indebtedness that would be payable as a result of a mandatory redemption or maturity of such Convertible Indebtedness) or (E) termination events or similar events occurring under any Hedging Agreement (other
        than a termination event or similar event as to which the Issuer or any of its Subsidiaries is the defaulting party) that constitutes Material Indebtedness (it being understood that paragraph (f)(i) of this Section 7.01 will apply to any failure to
        make any payment required as a result of such termination or similar event) and (y) clauses (i) and (ii) shall not apply to any Indebtedness if any such breach or default is (I) remedied by the Issuer or the applicable Subsidiary or (II) waived
        (including in the form of amendment) by the required holders of the applicable item of Indebtedness, in either case, prior to the acceleration of Notes pursuant to this <font style="color: rgb(0, 0, 0);">Section 7.01</font>;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">105</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; an involuntary proceeding shall be commenced or an involuntary petition shall be filed in a court of competent jurisdiction seeking (A) relief in respect of the
        Issuer or any Subsidiary, or of a substantial part of the property or assets of the Issuer or any Subsidiary, under the Bankruptcy Code, as now constituted or hereafter amended, or any other Federal, state or foreign bankruptcy, insolvency,
        receivership or similar law for the winding-up, administration, dissolution or reorganization of the Issuer or any Subsidiary, (B) the appointment of a receiver, trustee, custodian, sequestrator, conservator, administrator or similar official for
        the Issuer or any Subsidiary or for a substantial part of the property or assets of the Issuer or any Subsidiary, or (C) the winding-up or liquidation of the Issuer or any Subsidiary; and, in any such case, such proceeding or petition shall
        continue undismissed for sixty (60) days or an order or decree approving or ordering any of the foregoing shall be entered;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Issuer or any Subsidiary shall (i) voluntarily commence any proceeding or file any petition seeking relief under the Bankruptcy Code, as now constituted or
        hereafter amended, or any other federal, state or foreign bankruptcy, insolvency, receivership or similar law for the winding-up, administration, dissolution or reorganization of the Issuer or any Subsidiary, (ii) consent to the institution of, or
        fail to contest in a timely and appropriate manner, any proceeding or the filing of any petition described in clause (g) above, (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator,
        administrator or similar official for the Issuer or any Subsidiary or for a substantial part of the property or assets of the Issuer or any Subsidiary, (iv) file an answer admitting the material allegations of a petition filed against it in any
        such proceeding, (v) make a general assignment for the benefit of creditors or (vi) become unable, admit in writing its inability or fail generally to pay its debts as they become due or otherwise becomes insolvent;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;one or more judgments shall be rendered against the Issuer or any Subsidiary or any combination thereof and the same shall remain undischarged for a period of sixty
        (60) consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to levy upon any material assets or properties of the Issuer or any Subsidiary to enforce any such judgment
        and such judgment or judgments is or are for the payment of money in an aggregate amount in excess of $75,000,000 (other than any such judgment covered by insurance (other than under a self-insurance program) to the extent a claim therefor has been
        made in writing and liability therefor has not been denied by the insurer);</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">106</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;any Note Document for any reason shall cease to be in full force and effect (other than in accordance with its terms), or any Note Party shall deny in writing that
        it has any further liability under any Note Document (other than as a result of the discharge of such Note Party in accordance with the terms thereof);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(k)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (x) any security interest purported to be created by any Security Document shall cease to be, or shall be asserted in writing by any Note Party not to be, a valid,
        perfected, first priority security interest in any material portion of the Collateral covered thereby, except (i) to the extent that any such loss is covered by a lender&#8217;s title insurance policy and the related insurer shall not have declined that
        such loss is covered by such title insurance policy, (ii) as a result of permission under any Note Document (including the sale or other disposition of the applicable Collateral in a transaction permitted under the Note Documents) or (iii) the
        release thereof as provided in Section 9.20 or (y) the Obligations shall cease to constitute &#8220;Equal Priority Obligations&#8221; under the Intercreditor Agreement or, in any case, such intercreditor provisions shall be invalidated or otherwise cease to be
        legal, valid and binding obligations of the parties thereto, enforceable in accordance with their terms;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(l)&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; an ERISA Event shall have occurred that, when taken together with all other ERISA Events that have occurred and are continuing and remain uncured, would reasonably
        be expected to result in a Material Adverse Effect;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(m)&#160;&#160;&#160;&#160;&#160;&#160;&#160; any Guarantee purported to be created under any Note Document shall cease to be or shall be asserted by any Note Party not to be, in full force and effect, except in
        accordance with the terms of the Note Documents; or</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(n)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;there shall have occurred a Change of Control;</div>
      <div>&#160;</div>
      <div>then, and in every such event (other than an event with respect to the Issuer described in clause (g) or (h) above), and at any time thereafter during the continuance of such event, the Noteholder Representative may, and at the request of the
        Required Noteholders shall, by notice to the Issuer, take the following actions, at the same or different times: (i) terminate forthwith the Commitments, (ii) declare the Notes then outstanding to be forthwith due and payable in whole or in part,
        whereupon the principal of the Notes so declared to be due and payable, together with accrued interest thereon and any unpaid accrued Fees and the Redemption Premium and all other liabilities and Obligations of the Issuer accrued hereunder and
        under any other Note Document, shall become forthwith due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived by the Issuer, anything contained herein or in any other Note
        Document to the contrary notwithstanding; and in any event with respect to the Issuer or any Note Party described in clause (g) or (h) above, the Commitments shall automatically terminate and the principal of the Notes then outstanding, together
        with accrued interest thereon and any unpaid accrued Fees and the Redemption Premium and all other liabilities of the Issuer accrued hereunder and under any other Note Document, shall automatically become due and payable, without presentment,
        demand, protest or any other notice of any kind, all of which are hereby expressly waived by the Issuer, anything contained herein or in any other Note Document to the contrary notwithstanding; and (iii) exercise any and all of its other rights and
        remedies under applicable Law (including the UCC) or at equity, hereunder and under the other Note Documents.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">107</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 7.02&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Payment of Redemption Premium</u>.&#160; Notwithstanding anything in this Agreement to the contrary, the Redemption Premium (if any) shall automatically be due and payable at any
        time the Obligations become due and payable prior to the Maturity Date in accordance with the terms hereof as though such Indebtedness was optionally redeemed and shall constitute part of the Obligations, whether due to acceleration pursuant to the
        terms of this Agreement (in which case it shall be due immediately, or upon the giving of notice to the Issuer, as may be required under <font style="color: rgb(0, 0, 0);"><u>Section 7.01</u></font>), by operation of law or otherwise (including on
        account of any bankruptcy filing), in view of the impracticability and extreme difficulty of ascertaining the actual amount of damages to the Noteholders or profits lost by the Noteholders as a result of such acceleration, and by mutual agreement
        of the parties as to a reasonable estimation and calculation of the lost profits or damages of the Noteholders as a result thereof.&#160; Any Redemption Premium payable pursuant to this Agreement shall be presumed to be the liquidated damages sustained
        by each Noteholder as the result of the early termination, acceleration or redemption, and the Issuer agrees that any such Redemption Premium is reasonable under the circumstances currently existing.&#160; The Redemption Premium (if any) shall also
        become due and payable under this Agreement in the event the Obligations (and/or this Agreement) are satisfied or released, in each case, by foreclosure (whether by power of judicial proceeding), deed in lieu of foreclosure or any other means.&#160; If
        any Redemption Premium becomes due and payable pursuant to this Agreement, such Redemption Premium shall be deemed to be principal of the Notes and Obligations under this Agreement (other than for income Tax purposes), and interest shall accrue on
        the full principal amount of the Notes (including such Redemption Premium) from and after the applicable triggering event in the definition of &#8220;Redemption Premium&#8221; or in this <font style="color: rgb(0, 0, 0);">Section 7.02</font>.&#160; In the event a
        Redemption Premium is determined not to be due and payable by order of any court of competent jurisdiction, including by operation of the Bankruptcy Code, despite such a triggering event in the definition of &#8220;Redemption Premium&#8221; or in this <font style="color: rgb(0, 0, 0);">Section 7.02</font> having occurred, such Redemption Premium shall nonetheless constitute Obligations under this Agreement for all purposes hereunder.&#160; THE ISSUER HEREBY WAIVES THE PROVISIONS OF ANY PRESENT OR FUTURE
        STATUTE OR LAW THAT PROHIBITS OR MAY PROHIBIT THE COLLECTION OF THE REDEMPTION PREMIUM (IF ANY) AND ANY DEFENSE TO PAYMENT (OTHER THAN THE DEFENSE OF PRIOR PAYMENT), WHETHER SUCH DEFENSE MAY BE BASED IN PUBLIC POLICY, AMBIGUITY, OR OTHERWISE.&#160; The
        Issuer, the Noteholder Representative and the Noteholders acknowledge and agree that any Redemption Premium due and payable in accordance with this Agreement shall not constitute unmatured interest, whether under Section 5.02(b)(3) of the
        Bankruptcy Code or otherwise.&#160; The Issuer further acknowledges and agrees, and waives any argument to the contrary, that payment of such amount does not constitute a penalty or an otherwise unenforceable or invalid obligation.&#160; The Issuer expressly
        agrees that (i) the Redemption Premium (if applicable) is reasonable and is the product of an arm&#8217;s-length transaction between sophisticated business people, ably represented by counsel, (ii) the Redemption Premium (if applicable) shall be payable
        notwithstanding the then prevailing market rates at the time payment is made, (iii) there has been a course of conduct between the Noteholders and the Issuer giving specific consideration in this transaction for such agreement to pay the Redemption
        Premium (if applicable), (iv) the Issuer shall be estopped hereafter from claiming differently than as agreed to in this <font style="color: rgb(0, 0, 0);"><u>Section 7.02</u></font>, (v) the Issuer&#8217;s agreement to pay the Redemption Premium (if
        and when applicable) is a material inducement to the Noteholders to purchase the Notes and (vi) the Redemption Premium (if applicable) represents a good faith, reasonable estimate and calculation of the lost profits, losses or other damages of the
        Noteholders, and it would be impractical and extremely difficult to ascertain the actual amount of damages to the Noteholders or profits lost by the Noteholder as a result of such event.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 7.03&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Exclusion of Certain Subsidiaries</u>. Solely for the purposes of determining whether a Default has occurred under clause (g) or (h) of Section 7.01, any reference in any
        such paragraph to any Subsidiary shall be deemed not to include any Subsidiary affected by any event or circumstance referred to in such paragraph that (x) is not a Loan Party, (y) is not a Material Subsidiary and (z) does not own any Material
        Intellectual Property or other assets material to the business of the Issuer and its Subsidiaries taken as a whole; provided that (i) if it is necessary to exclude more than one Subsidiary from clause (g) or (h) of Section 7.01 pursuant to this
        paragraph in order to avoid a Default, the aggregate consolidated assets of all such excluded Subsidiaries as of such last day may not exceed 5.0% of the Consolidated Total Assets of the Issuer and the Subsidiaries and the aggregate consolidated
        revenues of all such excluded Subsidiaries for such four fiscal quarter period may not exceed 5.0% of the consolidated revenues of the Issuer and the Subsidiaries and (ii) in no circumstance shall the Issuer be excluded from clause (g) or (h) of
        Section 7.01.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">108</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 7.04&#160;&#160;&#160;&#160; &#160; <u>Application of Funds</u>. After the exercise of remedies provided for in Section 7.02, including without limitation, the acceleration of the Notes, all payments and proceeds
        in respect of any of the Obligations received by Noteholder Representative or any Noteholder under any Note Document, including any proceeds of any sale of, or other realization upon, all or any part of the Collateral, shall be applied by the
        Noteholder Representative in accordance with Section 5.02 of the Collateral Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: center; color: rgb(1, 0, 0); font-weight: bold;">ARTICLE VIII</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">THE NOTEHOLDER REPRESENTATIVE</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 8.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Duties, Agreements and Acknowledgments, etc</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Each of the Noteholders hereby irrevocably appoints the Noteholder Representative as its agent and authorizes the Noteholder Representative to take such actions on its behalf and to exercise such
        powers as are delegated to the Noteholder Representative by the terms of the Note Documents, together with such actions and powers as are reasonably incidental thereto.&#160; Each Noteholder also irrevocably authorizes the Noteholder Representative to
        execute and deliver the Intercreditor Agreement and to take such action, and to exercise the powers, rights and remedies granted to the Noteholder Representative thereunder and with respect thereto.&#160; Without limiting the generality of the
        foregoing, the Noteholder Representative is hereby expressly authorized to execute any and all documents (including releases) with respect to the Collateral and the rights of the Secured Parties with respect thereto, that are consistent with the
        provisions of, or relate to transactions permitted by, this Agreement and the Security Documents.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">The person serving as the Noteholder Representative hereunder shall have the same rights and powers in its capacity as a Noteholder (if it is a Noteholder) as any other Noteholder and may exercise
        the same as though it were not the Noteholder Representative, and the term &#8220;Noteholder&#8221; or &#8220;Noteholders&#8221; shall, unless otherwise expressly indicated, unless the context otherwise requires or unless such person is in fact not a Noteholder, include
        each person serving as Noteholder Representative hereunder in its individual capacity.&#160; Such person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage
        in any kind of business with any Note Party or any subsidiary of a Note Party or other Affiliate thereof as if it were not the Noteholder Representative hereunder.&#160; The Noteholders acknowledge that, pursuant to such activities, the Noteholder
        Representative or its Affiliates may receive information regarding any Note Party or any of its Affiliates (including information that may be subject to confidentiality obligations in favor of such Note Party or such Affiliate) and acknowledge that
        the Noteholder Representative shall not be under any obligation to provide such information to them.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">109</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">The Noteholder Representative shall not have any duties or obligations except those expressly set forth in the Note Documents.&#160; Without limiting the generality of the foregoing, (a) the Noteholder
        Representative shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing or an Event of Default exists, and the use of the term &#8220;agent&#8221; herein and in the other Note Documents with
        reference to the Noteholder Representative is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine or any applicable Law; it being understood that such term is used merely as a matter of
        market custom, and is intended to create or reflect only an administrative relationship between independent contracting parties, (b) the Noteholder Representative shall not have any duty to take any discretionary action or exercise any
        discretionary powers, except discretionary rights and powers expressly contemplated by the Note Documents that the Noteholder Representative is required to exercise in writing by the Required Noteholders (or such other number or percentage of the
        Noteholders as shall be necessary under the circumstances as provided in <font style="color: rgb(0, 0, 0);">Section 9.08</font>; <font style="font-style: italic;">provided </font>that the Noteholder Representative shall not be required to take
        any action (i) that, in its opinion or the opinion of its counsel, may expose the Noteholder Representative to liability or that is contrary to any Note Document or applicable Law and (ii) unless, upon demand, of the Noteholder Representative, it
        receives an indemnification satisfactory to it from the Noteholders against all liabilities that, by reason of such action or omission, may be imposed on, incurred by or asserted against the Noteholder Representative), and (c) except as expressly
        set forth in the Note Documents, the Noteholder Representative shall not have any duty to disclose, nor shall it be liable for the failure to disclose, any information relating to the Issuer or any Subsidiary that is communicated to or obtained by
        the person serving as the Noteholder Representative or any of its Affiliates in any capacity.&#160; The Noteholder Representative shall not be liable for any action taken or not taken by it with the consent or at the request of the Required Noteholders
        (or such other number or percentage of the Noteholders as is necessary or as the Noteholder Representative believes in good faith shall be necessary under the circumstances as provided in <font style="color: rgb(0, 0, 0);">Section 9.08</font>);
        provided that, any action taken or not taken by the Noteholder Representative at the direction of the Required Noteholders (or such other number or percentage of the Noteholders as is necessary or as the Noteholder Representative believes in good
        faith shall be necessary under the circumstances as provided in Section 9.08) shall not constitute gross negligence or willful misconduct, or in the absence of its own gross negligence or willful misconduct (as determined by a court of competent
        jurisdiction in a final and non-appealable judgment).&#160; The Noteholder Representative shall not be deemed to have knowledge of any Default or Event of Default unless and until written notice (conspicuously labelled as a &#8216;notice of default&#8217; and
        describing such Default or Event of Default) thereof is given to the Noteholder Representative by the Issuer or a Noteholder, and the Noteholder Representative shall not be responsible for or have any duty to ascertain or inquire into (i) any
        statement, warranty or representation made in or in connection with any Note Document, (ii) the contents of any certificate, report or other document delivered thereunder or in connection therewith, (iii) the performance or observance of any of the
        covenants, agreements or other terms or conditions set forth in any Note Document or the occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of any Note Document or any other agreement,
        instrument or document, (v) the creation, perfection or priority of any Lien on the Collateral or the existence, value or sufficiency of the Collateral or to assure that the Liens granted to the Noteholder Representative pursuant to any Note
        Document have been or will continue to be properly or sufficiently or lawfully created, perfected or enforced or are entitled to any particular priority, (vi) the satisfaction of any condition set forth in <font style="color: rgb(0, 0, 0);">Article

          IV</font> or elsewhere in any Note Document, other than to confirm receipt of items expressly required to be delivered to the Noteholder Representative or (vii) any property, book or record of any Note Party or any Affiliate thereof.&#160;
        Notwithstanding anything contained herein to the contrary, the Noteholder Representative shall not have liability to any Noteholder arising from confirmation of the amount of outstanding Notes or the component amounts thereof.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">The Noteholder Representative shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other
        writing believed by it to be genuine and to have been signed or sent by the proper person.&#160; The Noteholder Representative may also rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper person,
        and shall not incur any liability for relying thereon.&#160; The Noteholder Representative may consult with legal counsel (who may be counsel for the Issuer), independent accountants and other experts selected by it, and shall not be liable for any
        action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">110</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">The Noteholder Representative may perform any and all its duties and exercise its rights and powers by or through any one or more sub-agents appointed by it (including without limitation the
        Noteholder Representative&#8217;s officers, directors, agents, employees and affiliates).&#160; The Noteholder Representative and any such sub-agent may perform any and all its duties and exercise its rights and powers by or through their respective Related
        Parties.&#160; The Noteholder Representative shall not be responsible for the negligence or misconduct of any sub-agent except to the extent that a court of competent jurisdiction determines in a final and non-appealable judgment that the Noteholder
        Representative acted with gross negligence or willful misconduct in the selection of such sub-agent&#160; The exculpatory provisions of the preceding paragraphs shall apply to any such sub-agent and to the Related Parties of the Noteholder
        Representative and any such sub-agent, and shall apply to their respective activities in connection with the issuance of the Notes provided for herein as well as activities as the Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">The Noteholder Representative shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other
        writing (including any electronic message, Internet, or intranet website posting or other distribution), believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper person.&#160; In determining compliance with any
        condition hereunder to the issuance of a Note, that by its terms must be fulfilled to the satisfaction of a Noteholder, the Noteholder Representative may presume that such condition is satisfactory to such Noteholder unless the Noteholder
        Representative has received notice to the contrary from such Noteholder prior to the issuance of such Note.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">The Noteholder Representative may resign at any time, on thirty (30) days&#8217; notice, by notifying the Noteholders and the Issuer.&#160; Upon any such resignation, the Required Noteholders shall have the
        right to appoint a successor.&#160; If no successor shall have been so appointed by the Required Noteholders and shall have accepted such appointment within thirty (30) days after the retiring Noteholder Representative gives notice of its resignation,
        then the retiring Noteholder Representative may (but shall not be obligated to), on behalf of the Noteholders, appoint a successor Noteholder Representative. In either case, the successor shall be approved by the Issuer (which approval shall not be
        unreasonably withheld or delayed and shall not be required if an Event of Default shall have occurred and be continuing).&#160; If no successor agent has accepted appointment as the Noteholder Representative by the date which is thirty (30) days
        following the retiring or removed Noteholder Representative&#8217;s notice of resignation or removal, the retiring or removed Noteholder Representative&#8217;s resignation or removal, as applicable, shall nevertheless thereupon become effective and the
        Noteholders shall perform all of the duties of the Noteholder Representative hereunder until such time, if any, as the Issuer or the Required Noteholders, as applicable, appoint a successor agent as provided for below (except that in the case of
        any collateral security held by the Noteholder Representative on behalf of the Noteholders under any of the Note Documents, the retiring or removed Noteholder Representative shall, as gratuitous bailee, continue to hold such collateral security
        until such time as a successor Noteholder Representative is appointed).&#160; In addition to the foregoing, if the person serving as the Noteholder Representative is a Defaulting Noteholder, the Issuer (so long as no Event of Default has occurred and is
        continuing) may, to the extent permitted by applicable Law, by notice in writing to such person, remove such person as the Noteholder Representative.&#160; Upon any such removal by the Issuer, the Issuer shall have the right, with the consent of the
        Required Noteholders (not to be unreasonably withheld or delayed), to appoint a successor Noteholder Representative meeting the qualifications set forth above.&#160; With respect to any resignation or removal of a person acting as the Noteholder
        Representative, upon the acceptance of its appointment as the Noteholder Representative hereunder by a successor, such successor shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring or removed
        Noteholder Representative (other than any rights to indemnity payments owed to the retiring Noteholder Representative), as applicable, and the retiring or removed Noteholder Representative, as the case may be, shall (to the extent not already
        discharged as provided above) be discharged from its duties and obligations hereunder (other than its duty of confidentiality).&#160; The fees payable by the Issuer to a successor Noteholder Representative shall be the same as those payable to its
        predecessor unless otherwise agreed between the Issuer and such successor.&#160; After the Noteholder Representative&#8217;s resignation or removal hereunder, as the case may be, the provisions of this Article VIII and <font style="color: rgb(0, 0, 0);">Section
          9.05</font> shall continue in effect for the benefit of such retiring or removed Noteholder Representative, as applicable, its subagents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them
        while acting as the Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">111</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Each Noteholder acknowledges that it has, independently and without reliance upon the Noteholder Representative or any other Noteholder and based on such documents and information as it has deemed
        appropriate, made its own credit analysis and decision to enter into this Agreement.&#160; Each Noteholder also acknowledges that it will, independently and without reliance upon the Noteholder Representative or any other Noteholder and based on such
        documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement or any other Note Document, any related agreement or any document
        furnished hereunder or thereunder.&#160; Except for notices, reports and other documents expressly required to be furnished to the Noteholders by the Noteholder Representative herein, the Noteholder Representative shall not have any duty or
        responsibility to provide any Noteholder with any credit or other information concerning the business, prospects, operations, property, financial and other condition or creditworthiness of any of the Note Parties or any of their respective
        Affiliates which may come into the possession of the Noteholder Representative or any of its Related Parties, and the Noteholder Representative shall not have any responsibility with respect to the accuracy of or the completeness of any information
        provided to the Noteholders.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Each Noteholder acknowledges and agrees that neither such Noteholder, nor any of its Affiliates, participants or assignees, may rely on the Noteholder Representative to comply with such
        Noteholder&#8217;s, Affiliate&#8217;s, participant&#8217;s or assignee&#8217;s customer identification program, or other obligations required or imposed under or pursuant to the PATRIOT Act or the regulations thereunder, including the regulations contained in 31 CFR
        103.121.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">In case of the pendency of any proceeding with respect to any Note Party under any federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect, the
        Noteholder Representative (irrespective of whether the principal of any Note shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Noteholder Representative shall have made any demand on
        the Issuer) shall be entitled and empowered (but not obligated) by intervention in such proceeding or otherwise: (i) to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Notes and all other
        Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Noteholders, and the Noteholder Representative allowed in such judicial proceeding; and (ii) to collect and
        receive any monies or other property payable or deliverable on any such claims and to distribute the same; and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such proceeding is hereby
        authorized by each Noteholder and each other Secured Party to make such payments to the Noteholder Representative and, in the event that the Noteholder Representative shall consent to the making of such payments directly to the Noteholders or the
        other Secured Parties, to pay to the Noteholder Representative any amount due to it, in its capacity as the Noteholder Representative, under the Note Documents. Nothing contained herein shall be deemed to authorize the Noteholder Representative to
        authorize or consent to, or accept or adopt on behalf of any Noteholder, any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Noteholder or to authorize the Noteholder Representative to
        vote in respect of the claim of any Noteholder in any such proceeding.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">112</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Each Noteholder agrees that it will not take any enforcement action hereunder or under any other Note Document, accelerate the Obligations under any Note Document, or exercise any right that it
        might otherwise have under applicable law or otherwise to credit bid at foreclosure sales, UCC sales, any sale under Section 363 of the Bankruptcy Code or other similar dispositions of Collateral.&#160; Notwithstanding the foregoing, however, a
        Noteholder may (a) take action to preserve or enforce its rights against a Note Party where a deadline or limitation period is applicable that would, absent such action, bar enforcement of the Obligations held by such Noteholder, including the
        filing of proofs of claim in a case under the Bankruptcy Code or (b) exercise such Noteholder&#8217;s setoff rights in accordance with Section 9.06.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Notwithstanding anything to the contrary contained herein or in any of the other Note Documents, the Issuer, the Noteholder Representative and each Secured Party agrees that no Secured Party (other
        than the Noteholder Representative) shall have any right individually to realize upon any of the Collateral or to enforce the Guarantee under the Guarantee Agreement, it being understood and agreed that all powers, rights and remedies hereunder may
        be exercised solely by the Noteholder Representative on behalf of the Secured Parties in accordance with the terms hereof and all powers, rights and remedies under the other Note Documents may be exercised solely by the Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">In the event of a foreclosure by the Noteholder Representative on any of the Collateral pursuant to a public or private sale or in the event of any other disposition (including pursuant to Sections
        363, 1123 or 1129 of the Bankruptcy Code, or any similar laws in any other jurisdictions to which a Note Party is subject), (a) the Noteholder Representative as agent for and representative of the Secured Parties, shall be entitled, at the
        direction of the Required Noteholders, for the purpose of bidding and making settlement or payment of the purchase price for all or any portion of the Collateral sold at any such sale, to use and apply any of the Obligations as a credit on account
        of the purchase price for any collateral payable by the Noteholder Representative at such sale or other disposition and (b) the Noteholder Representative or any Noteholder may be the purchaser or licensor of any or all of such Collateral at any
        such sale or other disposition. In connection with any such credit bid and purchase, the Obligations owed to the Secured Parties shall be entitled to be, and shall be, credit bid by the Noteholder Representative at the direction of the Required
        Noteholders on a ratable basis (with Obligations with respect to contingent or unliquidated claims receiving contingent interests in the acquired assets on a ratable basis that shall vest upon the liquidation of such claims in an amount
        proportional to the liquidated portion of the contingent claim amount used in allocating the contingent interests) for the asset or assets so purchased (or for the equity interests or debt instruments of the acquisition vehicle or vehicles that are
        issued in connection with such purchase).&#160; In connection with any such bid, (i) the Noteholder Representative shall be authorized to form one or more acquisition vehicles and to assign any successful credit bid to such acquisition vehicle or
        vehicles, (ii) each of the Secured Parties&#8217; ratable interests in the Obligations which were credit bid shall be deemed without any further action under this Agreement to be assigned to such vehicle or vehicles for the purpose of closing such sale,
        (iii) the Noteholder Representative shall be authorized to adopt documents providing for the governance of the acquisition vehicle or vehicles; <font style="font-style: italic;">provided</font> that any actions by the Noteholder Representative
        with respect to such acquisition vehicle or vehicles, including any disposition of the assets or equity interests thereof, shall be governed, directly or indirectly, by, and the governing documents shall provide for, control by the vote of the
        Required Noteholders or their permitted assignees under the terms of this Agreement or the governing documents of the applicable acquisition vehicle or vehicles, as the case may be, irrespective of the termination of this Agreement and without
        giving effect to the limitations on actions by the Required Noteholders contained in Section 9.08 of this Agreement), (iv) the Noteholder Representative on behalf of such acquisition vehicle or vehicles shall be authorized to issue to each of the
        Secured Parties, ratably on account of the relevant Obligations which were credit bid, interests, whether as equity, partnership, limited partnership interests or membership interests, in any such acquisition vehicle and/or debt instruments issued
        by such acquisition vehicle, all without the need for any Secured Party or acquisition vehicle to take any further action, and (v) to the extent that Obligations that are assigned to an acquisition vehicle are not used to acquire Collateral for any
        reason (as a result of another bid being higher or better, because the amount of Obligations assigned to the acquisition vehicle exceeds the amount of Obligations credit bid by the acquisition vehicle or otherwise), such Obligations shall
        automatically be reassigned to the applicable Secured Parties pro rata with their original interest in such Obligations and the equity interests and/or debt instruments issued by any acquisition vehicle on account of such Obligations shall
        automatically be cancelled, without the need for any Secured Party or any acquisition vehicle to take any further action. Notwithstanding that the ratable portion of the Obligations of each Secured Party are deemed assigned to the acquisition
        vehicle or vehicles as set forth in clause (ii) above, each Secured Party shall execute such documents and provide such information regarding the Secured Party (and/or any designee of the Secured Party which will receive interests in or debt
        instruments issued by such acquisition vehicle) as the Noteholder Representative may reasonably request in connection with the formation of any acquisition vehicle, the formulation or submission of any credit bid or the consummation of the
        transactions contemplated by such credit bid.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">113</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 8.02&#160;&#160;&#160;&#160; &#160; &#160; <u>Erroneous Payment</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each Noteholder hereby agrees that (i) if the Noteholder Representative notifies such Noteholder that the Noteholder Representative has determined in its sole
        discretion that any funds received by such Noteholder from the Noteholder Representative or any of its Affiliates were erroneously or mistakenly transmitted to, or otherwise erroneously or mistakenly received by, such Noteholder (whether or not
        known to such Noteholder)&#160; (whether as a payment, prepayment or repayment of principal, interest, fees or otherwise; individually and collectively, an &#8220;Erroneous Payment&#8221;) and demands the return of such Erroneous Payment (or a portion thereof);
        provided that, without limiting any other rights or remedies (whether at law or in equity), the Noteholder Representative may not make any such demand under this clause (a) with respect to any Erroneous Payment unless such demand is made within
        ninety (90) days of the date of receipt of such Erroneous Payment by such Noteholder, such Noteholder shall promptly, but in no event later than two (2) Business Days thereafter (or such later date as the Noteholder Representative may agree),
        return to the Noteholder Representative the amount of any such Erroneous Payment (or portion thereof) as to which such a demand was made, in same day funds (in the currency so received), together with interest thereon (except to the extent waived
        by the Noteholder Representative) in respect of each day from and including the date such Erroneous Payment (or portion thereof) was received by such Noteholder to the date such amount is repaid to the Noteholder Representative in same day funds at
        the greater of the Federal Funds Effective Rate and a rate determined by the Noteholder Representative in accordance with banking industry rules on interbank compensation from time to time in effect and (ii) to the extent permitted by applicable
        law, such Noteholder shall not assert any right or claim to the Erroneous Payment, and hereby waives any claim, counterclaim, defense or right of set-off or recoupment with respect to any demand, claim or counterclaim by the Noteholder
        Representative for the return of any Erroneous Payments received, including, without limitation, waiver of any defense based on &#8220;discharge for value&#8221; or any similar theory or doctrine. A notice of the Noteholder Representative to any Noteholder
        under this <u>clause (a)</u> shall be conclusive, absent manifest error.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">114</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160; &#160; &#160;&#160; Without limiting immediately preceding <u>clause (a)</u>, each Noteholder hereby further agrees that if it receives a payment from the Noteholder Representative (or
        any of its Affiliates) (x) that is in a different amount than, or on a different date from, that specified in this Agreement or a notice of payment sent by the Noteholder Representative with respect to such payment, (y) that was not preceded or
        accompanied by notice of payment, or (z) that such Noteholder otherwise becomes aware was transmitted, or received, in error or by mistake (in whole or in part), then in each case, if an error has been made each such Noteholder is deemed to have
        knowledge of such error at the time of receipt of such Erroneous Payment, and to the extent permitted by applicable law, such Noteholder shall not assert any right or claim to the Erroneous Payment, and hereby waives, any claim, counterclaim,
        defense or right of set-off or recoupment with respect to any demand, claim or counterclaim by the Noteholder Representative for the return of any Erroneous Payments received, including without limitation waiver of any defense based on &#8220;discharge
        for value&#8221; or any similar theory or doctrine.&#160; Each Noteholder agrees that, in each such case, it shall promptly (and, in all events, within two (2) Business Days of its knowledge (or deemed knowledge) of such error) notify the Noteholder
        Representative of such occurrence and, upon demand from the Noteholder Representative, it shall promptly, but in all events no later than one Business Day thereafter, return to the Noteholder Representative the amount of any such Erroneous Payment
        (or portion thereof) as to which such a demand was made in same day funds (in the currency so received), together with interest thereon in respect of each day from and including the date such Erroneous Payment (or portion thereof) was received by
        such Noteholder to the date such amount is repaid to the Noteholder Representative in same day funds at the greater of the Federal Funds Effective Rate and a rate determined by the Noteholder Representative in accordance with banking industry rules
        on interbank compensation from time to time in effect.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Issuer and each other Note Party hereby agrees that (x) in the event an Erroneous Payment (or portion thereof) is not recovered from any Noteholder that has
        received such Erroneous Payment (or portion thereof) for any reason (and without limiting the Noteholder Representative&#8217;s rights and remedies under this <u>Section 8.02</u>), the Noteholder Representative shall be subrogated to all the rights of
        such Noteholder with respect to such amount and (y) an Erroneous Payment shall not pay, prepay, repay, discharge or otherwise satisfy any Obligations owed by the Issuer or any other Note Party.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160; In addition to any rights and remedies of the Noteholder Representative provided by law, Noteholder Representative shall have the right, without prior notice to any
        Noteholder, any such notice being expressly waived by such Noteholder to the extent permitted by applicable law, with respect to any Erroneous Payment for which a demand has been made in accordance with this Section 8.02 and which has not been
        returned to the Noteholder Representative, to set off and appropriate and apply against such amount any and all deposits (general or special, time or demand, provisional or final but excluding trust accounts), in any currency, and any other
        credits, indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or owing by Noteholder Representative or any of its Affiliate, branch or agency thereof to or
        for the credit or the account of such Noteholder.&#160; Noteholder Representative agrees promptly to notify the Noteholder after any such setoff and application made by Noteholder Representative; provided, that the failure to give such notice shall not
        affect the validity of such setoff and application.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each party&#8217;s obligations under this Section 8.02 shall survive the resignation or replacement of the Noteholder Representative, the termination of the Note
        Commitments or the repayment, satisfaction or discharge of all Obligations (or any portion thereof) under any Note Document.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">115</font></div>
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      </div>
      <div style="text-align: center; color: rgb(1, 0, 0); font-weight: bold;">ARTICLE IX</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">MISCELLANEOUS</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.01&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Notices</u>.&#160; Notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or
        registered mail, sent by facsimile or by email (including as a &#8220;.pdf&#8221;, &#8220;.tiff&#8221; or similar attachment), as follows:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;if to the Issuer, to:</div>
      <div>&#160;</div>
      <div style="margin-left: 108pt;">Pitney Bowes, Inc.</div>
      <div style="margin-left: 108pt;">3001 Summer Street</div>
      <div style="margin-left: 108pt;">Stamford, CT 06926</div>
      <div style="margin-left: 108pt;">Attention: Geoff Kupferschmid</div>
      <div style="margin-left: 108pt;">Email: geoff.kupferschmid@pb.com</div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;if to the Noteholder Representative, to:</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"> <br>
      </div>
      <div style="margin-left: 108pt;">Alter Domus (US) LLC</div>
      <div style="margin-left: 108pt;">225 W. Washington Street, 9th Floor</div>
      <div style="margin-left: 108pt;">Chicago, IL 60606</div>
      <div style="margin-left: 108pt;">Attention: Legal Department &#8211; Agency, Emily Ergang Pappas and Samuel Buhler</div>
      <div style="margin-left: 108pt;">Email: <font style="color: rgb(0, 0, 0);"><u>legal_agency@alterdomus.com</u></font>; <font style="color: rgb(0, 0, 0);"><u>emily.ergangpappas@alterdomus.com</u></font>; <font style="color: rgb(0, 0, 0);"><u>Samuel.Buhler@alterdomus.com</u></font>;
        <u>Bryan.Rideaux@alterdomus.com</u></div>
      <div>&#160;</div>
      <div style="margin-left: 108pt;">and a copy to (which shall not constitute notice):</div>
      <div style="margin-left: 108pt;"> <br>
      </div>
      <div style="margin-left: 108pt;">Holland &amp; Knight LLP</div>
      <div style="margin-left: 108pt;">150 N. Riverside Plaza, Suite 2700</div>
      <div style="margin-left: 108pt;">Chicago, IL 60606</div>
      <div style="margin-left: 108pt;">Attention: Joshua M. Spencer</div>
      <div style="margin-left: 108pt;">Email: <font style="color: rgb(0, 0, 0);"><u>joshua.spencer@hklaw.com</u></font> and <u>alterdomus@hklaw.com</u></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;if to the Oaktree Noteholders, to:</div>
      <div>&#160;</div>
      <div style="margin-left: 108pt;">Oaktree Capital Management, L.P.</div>
      <div style="margin-left: 108pt;">333 S. Grand Avenue, 28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Fl.</div>
      <div style="margin-left: 108pt;">Attention: David Nicoll; Jordan Mikes</div>
      <div style="margin-left: 108pt;">Email: <font style="color: rgb(0, 0, 0);"><u>dnicoll@oaktreecapital.com</u></font>; <u>jmikes@oaktreecapital.com</u></div>
      <div style="margin-left: 108pt;"><u> <br>
        </u></div>
      <div style="margin-left: 108pt;">and a copy to (which shall not constitute notice):</div>
      <div>&#160;</div>
      <div style="margin-left: 108pt;">Sullivan &amp; Cromwell LLP</div>
      <div style="margin-left: 108pt;">125 Broad St.</div>
      <div style="margin-left: 108pt;">New York, NY 10004</div>
      <div style="margin-left: 108pt;">Attention: Ari Blaut</div>
      <div style="margin-left: 108pt;">Email: blauta@sullcrom.com</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">116</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;if to a Noteholder, to it at its address (email or fax number) set forth on <u>Schedule 2.02</u> or in the Assignment and Acceptance pursuant to which such
        Noteholder shall have become a party hereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">All notices and other communications given to any party hereto in accordance with the provisions of this Agreement shall be deemed to have been given on the date of receipt if delivered by hand or
        overnight courier service or sent by fax or on the date five Business Days after dispatch by certified or registered mail if mailed, in each case delivered, sent or mailed (properly addressed) to such party as provided in this <font style="color: rgb(0, 0, 0);">Section 9.01</font> or in accordance with the latest unrevoked direction from such party given in accordance with this <font style="color: rgb(0, 0, 0);">Section 9.01</font>. As agreed to among the Issuer, the Noteholder
        Representative and the applicable Noteholders from time to time, notices and other communications may also be delivered by e-mail to the e-mail address of a representative of the applicable person provided from time to time by such person.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">The Issuer hereby agrees, unless directed otherwise by the Noteholder Representative, that it will, or will cause the Subsidiaries to, provide to the Noteholder Representative all information,
        documents and other materials that it is obligated to furnish to the Noteholder Representative pursuant to the Note Documents or to the Noteholders under <font style="color: rgb(0, 0, 0);">Article V</font>, including all notices, requests,
        financial statements, financial and other reports, certificates and other information materials, but excluding any such communication that (a) [reserved], (b) relates to the payment of any principal or other amount due under this Agreement prior to
        the scheduled date therefor, (c) provides notice of any Default or Event of Default under this Agreement or any other Note Document or (d) is required to be delivered to satisfy any condition precedent to the effectiveness of this Agreement and/or
        any Issuance or other extension of credit hereunder (all such non-excluded communications being referred to herein collectively as &#8220;<u>Communications</u>&#8221;), by transmitting the Communications in an electronic/soft medium that is properly identified
        in a format acceptable to the Noteholder Representative to an electronic mail address as directed by the Noteholder Representative.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.02&#160;&#160;&#160;&#160;&#160;&#160; <u>Survival of Agreement</u>.&#160; All covenants, agreements, representations and warranties made by the Issuer herein and in the certificates or other instruments prepared or
        delivered in connection with or pursuant to this Agreement or any other Note Document shall be considered to have been relied upon by the Noteholders and shall survive the purchase by the Noteholders of the Notes, regardless of any investigation
        made by the Noteholders or on their behalf, and shall continue in full force and effect as long as the principal of or any accrued interest on any Note or any Fee or any other amount payable under this Agreement or any other Note Document is
        outstanding and unpaid and so long as the Commitments have not been terminated.&#160; The provisions of Section <font style="color: rgb(0, 0, 0);">2.18</font>, Article VIII and Section <font style="color: rgb(0, 0, 0);">9.05</font> shall remain
        operative and in full force and effect regardless of the resignation or replacement of the Noteholder Representative, expiration of the term of this Agreement, the consummation of the transactions contemplated hereby, the repayment of any of the
        Notes, the expiration of the Commitments, the termination of the Note Documents, the invalidity or unenforceability of any term or provision of this Agreement or any other Note Document, or any investigation made by or on behalf of the Noteholder
        Representative or any Noteholder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.03&#160;&#160;&#160;&#160;&#160;&#160; <u>Binding Effect</u>.&#160; This Agreement shall become effective when it shall have been executed by the Issuer and the Noteholder Representative and when the Noteholder
        Representative shall have received counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">117</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.04&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Successors and Assigns</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160; &#160; &#160; Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and assigns of such party; and
        all covenants, promises and agreements by or on behalf of the Issuer, the Noteholder Representative or the Noteholders that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each Noteholder may assign to one or more assignees all or a portion of its interests, rights and obligations under this Agreement (including all or a portion of its
        Commitments and the Notes at the time owing to it) to any Eligible Transferee; <font style="font-style: italic;">provided</font> that, unless an Event of Default under clauses (b), (c), (g) or (h) of <font style="color: rgb(0, 0, 0);">Section
          7.01</font> has occurred and is then continuing, (i) if, following such assignment, Oaktree Noteholders would not constitute Required Noteholders and no other Noteholder, together with its Affiliates and Related Funds that are, or are
        simultaneously becoming, Noteholders, would constitute Required Noteholders, such assignment shall require the prior written consent of the Issuer (which consent shall not be unreasonably withheld, conditioned or delayed) and (ii) to the extent
        that, following such assignment, the proposed assignee, together with its Affiliates and Related Funds that are, or are simultaneously becoming, Noteholders, would constitute Required Noteholders, such assignment shall require the prior written
        consent of the Issuer (provided that the Issuer shall be deemed to have consented to such assignment unless it shall have delivered written notice to the assigning Noteholder and the Noteholder Representative of its rejection of such assignment
        within five (5) Business Days of receiving notice thereof) unless such assignment is made to a Noteholder or an Affiliate or Related Fund of a Noteholder, <font style="font-style: italic;">provided</font> that, in the case of this clause (ii), the
        Issuer shall have the right to reject only up to two such proposed assignments in the aggregate, after which any assignment in accordance with this clause (ii) (other than to an assignee that has been previously rejected by the Issuer in accordance
        with this Section 9.04(b) or any Affiliate or Related Fund of such Person) will not require the Issuer&#8217;s consent.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Unless such assignment is made to a Noteholder or an Affiliate or Related Fund of a Noteholder and subject to clause (ii) below, (i) the amount of the Notes or
        Commitments of the assigning Noteholder subject to each such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to the Noteholder Representative) shall not be less than $1,000,000 in
        respect of Notes or Commitments (or, if less, the entire remaining amount of such Noteholder&#8217;s Notes or Commitments), (ii) the parties to each such assignment shall (A) electronically execute and deliver to the Noteholder Representative an
        Assignment and Acceptance via an electronic settlement system acceptable to the Noteholder Representative or (B) if no such system shall then be being utilized by the Noteholder Representative, manually execute and deliver to the Noteholder
        Representative an Assignment and Acceptance, together with a processing and recordation fee of $3,500 (other than in the case of an assignment by a Noteholder to an Affiliate or Related Fund of such Noteholder); <font style="font-style: italic;">provided</font>,
        that the Noteholder Representative may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment and (iii) the assignee, if it shall not be a Noteholder, shall deliver to the Noteholder Representative
        an Administrative Questionnaire, all documentation and other information reasonably determined by the Noteholder Representative to be required by applicable regulatory authorities under applicable &#8220;know your customer&#8221; and anti-money laundering
        rules and regulations, including the PATRIOT Act and tax documentation required under <font style="color: rgb(0, 0, 0);">Section 2.18(f)</font>.&#160; Upon acceptance and recording pursuant to clause (e) of this <font style="color: rgb(0, 0, 0);">Section
          9.04</font>, from and after the effective date specified in each Assignment and Acceptance, (A) the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Acceptance, have the rights and
        obligations of a Noteholder under this Agreement and (B) the assigning Noteholder thereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the case of
        an Assignment and Acceptance covering all or the remaining portion of an assigning Noteholder&#8217;s rights and obligations under this Agreement, such Noteholder shall cease to be a party hereto but shall continue to be entitled to the benefits of
        Sections <font style="color: rgb(0, 0, 0);">2.12</font>, 2.14, <font style="color: rgb(0, 0, 0);">2.18</font> and <font style="color: rgb(0, 0, 0);">9.05</font> with respect to facts and circumstances occurring prior to the effective date of
        such assignment, as well as to any Fees accrued for its account and not yet paid).&#160; Any assignment or transfer by a Noteholder of its rights or obligations under this Agreement that does not comply with this Section 9.04(c) shall be treated for
        purposes of this Agreement as a sale by such Noteholder of a participation in such rights and obligations in accordance with, and to the extent permitted by, <font style="color: rgb(0, 0, 0);">Section 9.04(g)</font>.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">118</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; By executing and delivering an Assignment and Acceptance, the assigning Noteholder thereunder and the assignee thereunder shall be deemed to confirm to and agree with
        each other and the other parties hereto as follows: (i) such assigning Noteholder warrants that it is the legal and beneficial owner of the interest being assigned thereby free and clear of any adverse claim and that its Commitment, and the
        outstanding balances of its Notes, in each case without giving effect to assignments thereof which have not become effective, are as set forth in such Assignment and Acceptance; (ii) except as set forth in (i) above, such assigning Noteholder makes
        no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with this Agreement, or the execution, legality, validity, enforceability, genuineness, sufficiency
        or value of this Agreement, any other Note Document or any other instrument or document furnished pursuant hereto, or the financial condition of the Issuer or any Subsidiary or the performance or observance by the Issuer or any Subsidiary of any of
        its obligations under this Agreement, any other Note Document or any other instrument or document furnished pursuant hereto; (iii) such assignee represents and warrants that it is legally authorized to enter into such Assignment and Acceptance;
        (iv) such assignee confirms that it has received a copy of this Agreement, together with copies of the most recent financial statements delivered pursuant to Section 5.01 and such other documents and information as it has deemed appropriate to make
        its own credit analysis and decision to enter into such Assignment and Acceptance; (v) such assignee will independently and without reliance upon the Noteholder Representative, such assigning Noteholder or any other Noteholder and based on such
        documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement; (vi) such assignee appoints and authorizes the Noteholder Representative to take such
        action as agent on its behalf and to exercise such powers under this Agreement as are delegated to the Noteholder Representative by the terms hereof, together with such powers as are reasonably incidental thereto; (vii) such assignee agrees that it
        will perform in accordance with their terms all the obligations which by the terms of this Agreement and the other Note Documents are required to be performed by it as a Noteholder and (viii) such assignee represents and warrants that it is an
        Eligible Transferee and is not a Defaulting Noteholder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Noteholder Representative, acting solely for this purpose as a non-fiduciary agent of the Issuer, shall maintain at one of its offices, a copy of each Assignment
        and Acceptance delivered to it and a register for the recordation of the names and addresses of the Noteholders, and the Commitment of, and principal amount of (and stated interest on) the Notes owing to, each Noteholder pursuant to the terms
        hereof from time to time (the &#8220;Register&#8221;).&#160; The entries in the Register shall be conclusive absent manifest error and the Issuer, the Noteholder Representative and the Noteholders shall treat each person whose name is recorded in the Register
        pursuant to the terms hereof as a Noteholder hereunder for all purposes of this Agreement, notwithstanding notice to the contrary.&#160; The Register shall be available for inspection by the Issuer and, solely with respect to itself or any Noteholder
        (with respect to such Noteholder&#8217;s interest only), at any reasonable time and from time to time upon reasonable prior written notice, or any other person as reasonably necessary to ensure that such Commitment, Note or other obligation is in
        registered form under Section 5f.103 of the United States Treasury Regulations.&#160; Notwithstanding anything to the contrary contained in this Agreement, the right, title and interest of the Noteholders and their assignees in and to the Notes shall be
        transferrable only upon notation of such transfer in the Register and no assignment thereof shall be effective until recorded therein.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">119</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Upon its receipt of a duly completed Assignment and Acceptance executed by an assigning Noteholder and an assignee, an Administrative Questionnaire (including all
        applicable &#8220;know your customer&#8221; information requested by the Noteholder Representative and tax documentation required under <font style="color: rgb(0, 0, 0);">Section 2.18(f)</font>) completed in respect of the assignee (unless the assignee shall
        already be a Noteholder hereunder), the processing and recordation fee referred to in clause (b) above, if any, and, if required, the written consent of the Issuer and the Noteholder Representative to such assignment, the Noteholder Representative
        shall (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the Register and (iii) give prompt notice thereof to the Issuer.&#160; No assignment shall be effective unless it has been recorded in the Register as
        provided in this clause (f); <font style="font-style: italic;">provided, however</font>, that the failure to promptly provide notice thereof as required under clause (iii) of the immediately preceding sentence shall not in and of itself render any
        such assignment ineffective.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each Noteholder may without the consent of the Issuer or the Noteholder Representative sell participations to one or more banks or other entities in all or a portion
        of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Notes owing to it); <font style="font-style: italic;">provided, however,</font> that (i) such Noteholder&#8217;s obligations under this Agreement
        shall remain unchanged, (ii) such Noteholder shall remain solely responsible to the other parties hereto for the performance of such obligations, (iii) the participating banks or other entities shall be entitled to the benefit of the cost
        protection provisions contained in Sections <font style="color: rgb(0, 0, 0);">2.12</font>, 2.14 and <font style="color: rgb(0, 0, 0);">2.18</font> (subject to the requirements and limitations therein, including the requirements under <font style="color: rgb(0, 0, 0);">Section 2.18(f)</font>, it being understood that the documentation required under <font style="color: rgb(0, 0, 0);">Section 2.18(f)</font> shall be delivered to the participating Noteholder) to the same extent as if
        they were Noteholders; <font style="font-style: italic;">provided</font> that such participant (A) agrees to be subject to the provisions of <font style="color: rgb(0, 0, 0);">Section 2.19</font> as if it were an assignee under clause (b) of this
        Section 9.04(g); and (B) shall not be entitled to receive any greater payment under <font style="color: rgb(0, 0, 0);">Section 2.12</font>, 2.14, <font style="color: rgb(0, 0, 0);">2.18</font>, or 2.20, with respect to any participation, than its
        participating Noteholder would have been entitled to receive, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the participating bank or other entity acquired the applicable
        participation and (iv) the Issuer, the Noteholder Representative and the Noteholders shall continue to deal solely and directly with such Noteholder in connection with such Noteholder&#8217;s rights and obligations under this Agreement, and such
        Noteholder shall retain the sole right to enforce the obligations of the Issuer relating to the Notes and to approve any amendment, modification or waiver of any provision of this Agreement (other than amendments, modifications or waivers
        decreasing any fees payable hereunder with respect to the Notes or Commitments in which such person participates or the amount of principal of or the rate at which interest is payable on the Notes in which such person participates, extending any
        scheduled principal payment date or date fixed for the payment of interest on the Notes in which such person participates, increasing or extending the Commitments in which such person participates or releasing all or substantially all of the value
        of the Guarantees of the Obligations by the Note Parties or all or substantially all of the Collateral).&#160; Each Noteholder that sells a participation pursuant to this <font style="color: rgb(0, 0, 0);">Section 9.04(g)</font> shall, acting as a
        non-fiduciary agent of the Issuer, maintain a register on which it records the name and address of each participant and the principal amounts of (and related interest on) each participant&#8217;s participation interest with respect to the Note (each, a
        &#8220;Participant Register&#8221;); <font style="font-style: italic;">provided</font> that no Noteholder shall have any obligation to disclose all or any portion of the Participant Register to any person (including the identity of any participant or any
        information relating to a participant&#8217;s interest in any Commitments, Notes or its other obligations under this Agreement) except to the extent that such disclosure is necessary to establish that such Commitment, Note or other obligations is in
        registered form under Section 5f.103 of the United States Treasury Regulations.&#160; The entries in the Participant Register shall be conclusive absent manifest error, and such Noteholder shall treat each person whose name is recorded in the
        Participant Register as the owner of such participation or granted Note for all purposes of this Agreement notwithstanding any notice to the contrary.&#160; For the avoidance of doubt, the Noteholder Representative (in its capacity as Noteholder
        Representative) shall have no responsibility for maintaining a Participant Register.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">120</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Any Noteholder or participant may, in connection with any assignment or participation or proposed assignment or participation pursuant to this <font style="color: rgb(0, 0, 0);">Section 9.04</font>, disclose to the assignee or participant or proposed assignee or participant any information relating to the Issuer and its Subsidiaries furnished to such Noteholder by or on behalf of the Issuer and its
        Subsidiaries; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that, prior to any such disclosure of information that constitutes Information (as defined in <font style="color: rgb(0, 0, 0);">Section
          9.16</font>), each such assignee or participant or proposed assignee or participant shall execute an agreement (including through click-through or other customary methods) whereby such assignee or participant shall agree (subject to customary
        exceptions) to preserve the confidentiality of such confidential information on terms no less restrictive than those applicable to the Noteholders pursuant to <font style="color: rgb(0, 0, 0);">Section 9.16</font>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Any Noteholder may (without the consent of the Issuer or the Noteholder Representative) at any time collaterally assign all or any portion of its rights under this
        Agreement to secure extensions of credit to such Noteholder or in support of obligations owed by such Noteholder (including, if such Noteholder is a fund that invests in bank loans, to a trustee for holders of obligations owed, or securities
        issued, by such fund); <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that no such assignment shall release a Noteholder from any of its obligations hereunder or substitute any such assignee
        for such Noteholder as a party hereto and any foreclosure or exercise of remedies by such assignee or trustee shall be subject to the provisions of this <font style="color: rgb(0, 0, 0);">Section 9.04</font> regarding assignments in all respects.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;[Reserved].</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(k)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Issuer shall not assign or delegate any of its rights or duties hereunder without the prior written consent of the Noteholder Representative and each Noteholder,
        and any attempted assignment without such consent shall be null and void.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(l)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Any attempt to transfer any Note or portion thereof, or any rights or duties thereunder, not in compliance with this Agreement shall be null and void, and neither the
        Issuer nor the Noteholder Representative shall give any effect to the Register to such attempted transfer.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(m)&#160;&#160;&#160;&#160;&#160;&#160;&#160; [Reserved].</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(n)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Subject to compliance with any applicable securities laws and the conditions set forth herein, assignments to the Issuer of Notes pursuant to this <font style="color: rgb(0, 0, 0);">Section 9.04</font> may only be made through customary auction or other procedures pursuant to which offers to Noteholders shall be made on a pro rata basis to Noteholders (but, for the avoidance of doubt, such
        purchases shall not be required to be consummated on a pro rata basis), in each case as the Issuer may elect, and shall be subject to the following additional conditions:</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">121</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; immediately following such repurchase, no Event of Default has occurred and is continuing;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the consideration for any such proposed purchase is cash; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; if the Issuer is the assignee (including through contribution or transfers set forth in clause (ii) above), (A) the
        principal amount of such Notes, along with all accrued and unpaid interest thereon, so contributed, assigned or transferred to the Issuer shall be deemed automatically cancelled and extinguished on the date of such contribution, assignment or
        transfer, (B) the aggregate outstanding principal amount of Notes of the remaining Noteholders shall reflect such cancellation and extinguishment of the Notes then held by such Noteholder and (C) the Issuer shall promptly provide notice to the
        Noteholder Representative of such contribution, assignment or transfer of such Notes and the Noteholder Representative, upon receipt of such notice, shall reflect the cancellation of the applicable Notes in the Register;</div>
      <div>&#160;</div>
      <div><font style="font-style: italic;">provided</font>, that, notwithstanding anything to the contrary, none of the Issuer or any of its Subsidiaries shall be required to represent that it is not in possession of any material non-public information
        with respect to the Issuer, their Subsidiaries or their respective securities in connection with any assignment pursuant to this clause (n).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(o)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;[Reserved].</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(p)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;No Note Party may purchase First Lien Obligations in excess of the amounts permitted by the First Lien Loan Documents as in effect on the Closing Date.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.05&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Expenses; Indemnity</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Issuer agrees to pay all reasonable, documented and invoiced out-of-pocket expenses incurred by the Noteholder Representative in connection with the issuance of
        the Notes provided for herein, the due diligence investigation in connection with, structuring and arrangement of the Notes provided herein, the preparation of this Agreement and the other Note Documents (including any post-closing work) and any
        similar note or credit facility refinancing or replacing, in whole or in part, any of the Notes provided for herein, as well as the preparation, negotiation, execution, delivery and administration of this Agreement, or in connection with any
        amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions hereby or thereby contemplated shall be consummated), whether obtained prior to or subsequent to the Closing Date, or incurred by the
        Noteholder Representative or any Noteholder in connection with the enforcement of its rights in connection with this Agreement and the other Note Documents or in connection with the Notes issued hereunder (and in connection with the protection of
        such rights), including the reasonable and documented fees, charges and disbursements of Sullivan &amp; Cromwell LLP, counsel to the Noteholders, and Holland &amp; Knight LLP, counsel to the Noteholder Representative, and to the extent reasonably
        determined by the Noteholder Representative or the Noteholders to be necessary, one local counsel in each appropriate jurisdiction for the Noteholder Representative and the Noteholders, taken as a whole (and, solely in the case of a perceived or
        actual conflict of interest, one additional local counsel to the conflicted Person, in each appropriate jurisdiction).</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">122</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160; &#160; &#160;&#160;&#160; The Issuer agrees to indemnify the Noteholder Representative and each of its Related Parties (the &#8220;<u>Noteholder Representative Indemnitees</u>&#8221;), each Noteholder and
        each Related Party of any of the foregoing persons (the &#8220;<u>Noteholder Indemnitees</u>&#8221;; together with the Noteholder Representative Indemnitees, each an &#8220;Indemnitee&#8221; and collectively, the &#8220;Indemnitees&#8221;) against, and to hold each Indemnitee
        harmless from, any and all losses, claims, damages, liabilities and related expenses, penalties, judgments, charges and disbursements (but limited, in the case of legal fees and expenses, to the reasonable and documented out-of-pocket fees,
        disbursements and other charges of (I) one primary outside counsel to the Noteholder Representative Indemnitees, taken as a whole and if necessary or appropriate, of one local counsel in each relevant material jurisdiction (which may include a
        single special counsel acting in multiple jurisdictions) to all Noteholder Representative Indemnitees, taken as a whole and (II) one primary outside counsel to the Noteholder Indemnitees, taken as a whole (and, solely in the case of a perceived or
        actual conflict of interest where the Noteholder Indemnitee affected by such conflict notifies the Issuer of the existence of such conflict and thereafter retains its own counsel, one additional counsel to all similarly situated Noteholder
        Indemnitees, taken as a whole) and if necessary or appropriate, of one local counsel in each relevant material jurisdiction (which may include a single special counsel acting in multiple jurisdictions) to all Noteholder Indemnitees, taken as a
        whole (and, solely in the case of a perceived or actual conflict of interest where the Noteholder Indemnitee affected by such conflict notifies the Issuer of the existence of such conflict and thereafter retains its own counsel, one additional
        counsel to all similarly situated Noteholder Indemnitees, taken as a whole)), incurred by or asserted against any Indemnitee arising out of, in any way connected with, or as a result of (i) the preparation, execution, enforcement or delivery of
        this Agreement or any other Note Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto or thereto of their respective obligations hereunder or thereunder, the consummation of the transactions
        contemplated hereby or thereby, or the issuance and administration of the Notes, (ii) the use of the proceeds of the Notes, (iii) any claim, litigation, investigation or proceeding relating to any of the foregoing, whether or not any Indemnitee is
        a party thereto, or (iv) any actual or alleged generation, presence, discharge or Release of Hazardous Materials on any property while currently or formerly owned, leased or operated by the Issuer or any Subsidiary, or any Environmental Liability
        related in any way to the Issuer or the Subsidiaries; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that such indemnity shall not, as to any Indemnitee, be available to the extent that such
        losses, claims, damages, liabilities or related expenses (x) are determined by a court of competent jurisdiction in a final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee (and any
        Indemnitee receiving payment under this <font style="color: rgb(0, 0, 0);">Section 9.05(b)</font> shall promptly refund the amount of such payment to the extent that there is a final and nonappealable judgment of a court of competent jurisdiction
        that such Indemnitee was not entitled to indemnification in respect of such payment by virtue of such Indemnitee&#8217;s gross negligence or willful misconduct), (y) except with respect to the Noteholder Representative Indemnitees, arise out of a claim
        brought by the Issuer or any Subsidiary against such Indemnitee for material breach of such Indemnitee&#8217;s obligations under this Agreement or any other Note Document or (z) arise out of any dispute solely among the Indemnitees (other than disputes
        involving claims against the Noteholder Representative in its capacity as such or in a similar agency role).&#160; This <font style="color: rgb(0, 0, 0);">Section 9.05(b)</font> shall not apply to Taxes, other than Taxes that represent losses, claims,
        damages, liabilities or expenses arising from any non-Tax claim.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">123</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each Noteholder shall indemnify and hold harmless the Noteholder Representative Indemnitees (to the extent not indefeasibly and timely indemnified by or on behalf of
        the Issuer and without limiting the obligation of the Issuer to do so), based on and to the extent of such Noteholder&#8217;s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought), from and
        against any and all losses, claims, damages, liabilities and related expenses (including reasonable and documented or invoiced out-of-pocket fees and expenses of one primary outside counsel for the Noteholder Representative Indemnitees, taken as a
        whole and if necessary or appropriate, of one local counsel in each relevant material jurisdiction (which may include a single special counsel acting in multiple jurisdictions) to all Noteholder Representative Indemnitees)) of any kind or nature
        whatsoever which may at any time be imposed on, incurred by or asserted against any Noteholder Representative Indemnitee in any way relating to or arising out of or in connection with this Agreement or any other Note Document or any action taken or
        omitted to be taken by the Noteholder Representative Indemnitees; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that such indemnity shall not, as to any Noteholder Representative Indemnitee,
        be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction in a final and nonappealable judgment to have resulted from the gross negligence or willful misconduct
        of such Noteholder Representative Indemnitee. Without limiting the foregoing, each Noteholder shall promptly following written demand therefor, pay or reimburse the Noteholder Representative based on and to the extent of such Noteholder&#8217;s pro rata
        share of all reasonable and documented out-of-pocket costs and expenses incurred in connection with the enforcement (whether through negotiations, legal proceedings or otherwise) of any rights or remedies under this Agreement or the other Note
        Documents (including all such out-of-pocket costs and expenses incurred during any legal proceeding, including any proceeding under any debtor relief law, and including all respective fees, charges and disbursements of one primary outside counsel
        for the Noteholder Representative Indemnitees, taken as a whole and if necessary or appropriate, of one local counsel in each relevant material jurisdiction (which may include a single special counsel acting in multiple jurisdictions) to all
        Noteholder Representative Indemnitees). For purposes hereof, a Noteholder&#8217;s &#8220;pro rata share&#8221; shall be determined based upon its share of the outstanding Notes and unused Note Commitments at such time (or if such indemnity payment is sought after
        the date on which the Notes&#160; have been paid in full and the Note Commitments are terminated in accordance with such Noteholder&#8217;s pro rata share immediately prior to the date on which the Notes are paid in full and the Note Commitments are
        terminated). To the extent permitted by applicable Law, no party hereto shall assert, and each hereby waives, any claim against any other party hereto or any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive
        damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Note Document or any agreement or instrument contemplated hereby, any Note or the use of the proceeds thereof; <font style="font-style: italic;">provided </font>that nothing contained in this sentence shall limit the Issuer&#8217;s indemnification obligations under <font style="color: rgb(0, 0, 0);">Section 9.05(b)</font> to the extent such special, indirect,
        consequential and punitive damages are included in any third party claim in connection with which any Indemnitee is entitled to indemnification hereunder.&#160; Except with respect to the Noteholder Representative Indemnitees, the Issuer shall not be
        liable for any settlement of any proceeding effected without its prior written consent (which consent shall not be unreasonably withheld, conditioned or delayed), but if settled with the Issuer&#8217;s prior written consent or if there is a final and
        non- appealable judgment by a court of competent jurisdiction in any such proceeding then the Issuer agree to indemnify and hold harmless each Indemnitee in respect thereof pursuant to Section 9.05(b).&#160; If the indemnifying party has reimbursed any
        Indemnitee for any legal or other expenses in accordance with this <font style="color: rgb(0, 0, 0);">Section 9.05</font> and there is a final and non-appealable judicial determination by a court of competent jurisdiction that the Indemnitee was
        not entitled to indemnification or contribution rights with respect to such payment pursuant to this <font style="color: rgb(0, 0, 0);">Section 9.05</font>, then the Indemnitee shall promptly refund such amount.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">124</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160; &#160; &#160;&#160; The provisions of this <font style="color: rgb(0, 0, 0);">Section 9.05</font> shall remain operative and in full force and effect regardless of the expiration of the
        term of this Agreement, the consummation of the transactions contemplated hereby, the repayment of any of the Notes, the expiration of the Commitments, the termination of the Note Documents, the resignation or replacement of the Noteholder
        Representative, the invalidity or unenforceability of any term or provision of this Agreement or any other Note Document, or any investigation made by or on behalf of the Noteholder Representative, any Noteholder, or any Related Party of the
        foregoing persons.&#160; All amounts due under this <font style="color: rgb(0, 0, 0);">Section 9.05</font> shall be payable within thirty (30) days of written demand therefor.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.06&#160;&#160;&#160;&#160; &#160;&#160; <u>Right of Setoff</u>.&#160; If an Event of Default shall have occurred and be continuing, each Noteholder is hereby authorized, subject to the prior consent of the Noteholder
        Representative (acting at the direction of the Required Noteholders), at any time and from time to time, except to the extent prohibited by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at
        any time held and other indebtedness at any time owing by such Noteholder to or for the credit or the account of the Issuer against any of and all the obligations of the Issuer now or hereafter existing under this Agreement and other Note Documents
        held by such Noteholder, irrespective of whether or not such Noteholder shall have made any demand under this Agreement or such other Note Document and although such obligations may be unmatured; <font style="font-style: italic;">provided </font>that
        in the event that any Defaulting Noteholder shall exercise any such right of setoff, (x) all amounts so set off shall be paid over immediately to the Noteholder Representative for further application in accordance with the provisions of <font style="color: rgb(0, 0, 0);">Section 2.21(a)(ii)</font> and, pending such payment, shall be segregated by such Defaulting Noteholder from its other funds and deemed held in trust for the benefit of the Noteholder Representative and the
        Noteholders, and (y) the Defaulting Noteholder shall provide promptly to the Noteholder Representative a statement describing in reasonable detail the Obligations owing to such Defaulting Noteholder as to which it exercised such right of setoff.&#160;
        Each Noteholder agrees to notify the Noteholder Representative and the Issuer promptly after any such setoff and application; <font style="font-style: italic;">provided</font>, the failure to give such notice shall not affect the validity of such
        setoff and application.&#160; The rights of each Noteholder under this <font style="color: rgb(0, 0, 0);">Section 9.06</font> are in addition to other rights and remedies (including other rights of setoff) which such Noteholder may have.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.07&#160;&#160;&#160;&#160;&#160; <u>Applicable Law</u>.&#160; THIS AGREEMENT AND ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO
        THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.08&#160;&#160;&#160;&#160;&#160; &#160;&#160; <u>Waivers; Amendment</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160; &#160; &#160;&#160; No failure or delay of the Noteholder Representative, any Noteholder in exercising any power or right hereunder or under any other Note Document shall operate as a
        waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other right
        or power.&#160; The rights and remedies of the Noteholder Representative and the Noteholders hereunder and under the other Note Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have.&#160; No waiver of any
        provision of this Agreement or any other Note Document or consent to any departure by the Issuer or any other Note Party therefrom shall in any event be effective unless the same shall be permitted by clause (b) below, and then such waiver or
        consent shall be effective only in the specific instance and for the purpose for which given.&#160; No notice or demand on the Issuer in any case shall entitle the Issuer to any other or further notice or demand in similar or other circumstances.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">125</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Except as expressly set forth herein, neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to an agreement or agreements
        in writing entered into by the Issuer, the Noteholder Representative and the Required Noteholders; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that no such agreement shall (1) decrease the
        principal amount of, or extend the maturity of or any scheduled principal payment date or date for the payment of any interest, without the prior written consent of each Noteholder affected thereby (it being understood and agreed that a waiver of
        any Default or Event of Default will not constitute a reduction in the principal amount of the Notes), (2) increase or extend the Commitment (it being understood that a waiver of any condition precedent or the waiver of any Default, Event of
        Default or mandatory prepayment shall not constitute an increase of any Commitment of any Noteholder) or decrease or extend the date for payment of any Fees or any other amount due and payable hereunder to any Noteholder without the prior written
        consent of such Noteholder, (3) amend or modify the provisions of <font style="color: rgb(0, 0, 0);">Section 9.04(k)</font>, the provisions of this <font style="color: rgb(0, 0, 0);">Section 9.08</font>, or release from the Guarantee Agreement
        any of the Issuer or all or substantially all of the Subsidiary Guarantors or release all or substantially all of the Collateral (except as otherwise permitted herein or in the other Note Documents), without the prior written consent of each
        Noteholder directly adversely affected thereby, (4) [reserved], (5) [reserved], (6) reduce the percentage contained in the definition of the term &#8220;Required Noteholders&#8221; without the prior written consent of each Noteholder (it being understood that
        with the consent of the Required Noteholders, additional extensions of credit pursuant to this Agreement may be included in the determination of the Required Noteholders on substantially the same basis as the Commitments on the date hereof unless
        such extensions of credit are provided for purposes of influencing the voting thresholds under this Agreement), (7) amend or modify the provisions of <font style="color: rgb(0, 0, 0);">Section 2.15</font> or any other provision of the Note
        Documents requiring the ratable sharing of payments of the Noteholders without the prior written consent of each Noteholder affected thereby and (8) directly or indirectly (x) subordinate the Obligations in right of payment to any other
        Indebtedness or (y) subordinate the Liens on all or a material portion of the Collateral securing the Obligations to any other Lien on the Collateral securing any other Indebtedness; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further</font>, (A) no such agreement shall amend, modify or otherwise affect the rights, duties, obligations or indemnities of the Noteholder Representative hereunder or under any other Note Document without the prior
        written consent of the Noteholder Representative and (B) for the avoidance of doubt, the consent of the Required Noteholders shall not be required for any amendment, waiver or modification made pursuant to clauses (1) through (8) of this paragraph.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">126</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding anything to the contrary contained in this <font style="color: rgb(0, 0, 0);">Section 9.08</font> or otherwise in this Agreement or any other Note
        Document, (i) this Agreement and any other Note Document may be amended, supplemented or otherwise modified, or any provision thereof waived, with the consent of the Noteholder Representative and the Issuer without the need to obtain the consent of
        any Noteholder, if such amendment, supplement, modification or waiver is delivered in order to (A) cure ambiguities, omissions, mistakes or defects, to fix incorrect cross references or similar inaccuracies or to effect administrative, technical,
        immaterial or other similar changes not materially adverse to the Noteholders (as reasonably determined by the Noteholder Representative and the Issuer), (B) cause any Security Document to be consistent with this Agreement and the other Note
        Documents and (C) make such modifications as are required in connection with the addition of any Foreign Subsidiaries as Note Parties, as provided in Section 5.12(d), (ii) this Agreement and any other Note Document may be amended, supplemented or
        otherwise modified, or any provision thereof waived, with the consent of the Noteholder Representative and the Issuer without the need to obtain the consent of any Noteholder for technical changes if the Noteholders shall have received at least
        five Business Days&#8217; prior written notice thereof and the Noteholder Representative shall not have received, within five Business Days following the date of such notice to the Noteholders, a written notice from the Required Noteholders stating that
        the Required Noteholders object to such amendment, modification, supplement or waiver and (iii) without the consent of any Noteholder, the Issuer and the Noteholder Representative or any other collateral agent may enter into any amendment,
        supplement or modification of any Note Document, or enter into any new agreement or instrument, to effect the granting, perfection, protection, expansion or enhancement of any security interest of the Secured Parties in any Collateral or additional
        property to become Collateral for the benefit of the Secured Parties or as required by local law to give effect to, or protect any security interests for the benefit of the Secured Parties, in any property or so that the security interests therein
        comply with applicable Law or this Agreement or in each case to otherwise enhance the rights or benefits of any Noteholder under any Note Document.&#160; The Noteholder Representative shall make available to the Noteholders copies of each such amendment
        or other modification to this Agreement.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160; &#160; &#160;&#160; Notwithstanding anything to the contrary herein, no Defaulting Noteholder shall have any right to approve or disapprove any amendment, waiver or consent hereunder (and
        any amendment, waiver or consent which by its terms requires the consent of all Noteholders or each affected Noteholder may be effected with the consent of the applicable Noteholders other than Defaulting Noteholders), except that (x) a Defaulting
        Noteholder shall retain and have all voting rights in Sections (1)(a)(i)(1) and (<font style="color: rgb(0, 0, 0);">1)(a)(i)(</font>2), and (y) any waiver, amendment or modification requiring the consent of all Noteholders or each affected
        Noteholder that by its terms affects any Defaulting Noteholder disproportionately adversely relative to other affected Noteholders shall require the consent of such Defaulting Noteholder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.09&#160;&#160;&#160;&#160;&#160;&#160; <u>Interest Rate Limitation</u>.&#160; Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any Note, together with all fees, charges and
        other amounts which are treated as interest on such Note under applicable law (collectively the &#8220;<u>Charges</u>&#8221;), shall exceed the maximum lawful rate (the &#8220;<u>Maximum Rate</u>&#8221;) which may be contracted for, charged, taken, received or reserved by
        the Noteholder holding such Note or participation in accordance with applicable law, the rate of interest payable in respect of such Note or participation hereunder, together with all Charges payable in respect thereof, shall be limited to the
        Maximum Rate and, to the extent lawful, the interest and Charges that would have been payable in respect of such Note or participation but were not payable as a result of the operation of this <font style="color: rgb(0, 0, 0);">Section 9.09</font>
        shall be cumulated and the interest and Charges payable to such Noteholder in respect of other Notes or participations or periods shall be increased (but not above the Maximum Rate therefor) until such cumulated amount, together with interest
        thereon at the Federal Funds Effective Rate to the date of repayment, shall have been received by such Noteholder.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.10&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Entire Agreement</u>.&#160; This Agreement and the other Note Documents constitute the entire contract between the parties relative to the subject matter hereof.&#160; Any other
        previous agreement among the parties with respect to the subject matter hereof is superseded by this Agreement and the other Note Documents.&#160; Nothing in this Agreement or in the other Note Documents, expressed or implied, is intended to confer upon
        any person (other than the parties hereto and thereto, their respective successors and assigns permitted hereunder and, to the extent expressly contemplated hereby, the Related Parties of each of the Noteholder Representative and the Noteholders)
        any rights, remedies, obligations or liabilities under or by reason of this Agreement or the other Note Documents.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">127</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.11&#160;&#160;&#160;&#160; <u>WAIVER OF JURY TRIAL</u>.&#160; EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT
        OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER NOTE DOCUMENTS.&#160; EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED,
        EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER NOTE
        DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.11.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.12&#160; &#160;&#160; &#160; <u>Severability</u>.&#160; In the event any one or more of the provisions contained in this Agreement or in any other Note Document should be held invalid, illegal or unenforceable
        in any respect, the validity, legality and enforceability of the remaining provisions contained herein and therein, to the fullest extent permitted by applicable law, shall not in any way be affected or impaired thereby (it being understood that
        the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction).&#160; The parties shall endeavor in good-faith negotiations to replace the invalid,
        illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.13&#160;&#160;&#160;&#160;&#160;&#160; <u>Counterparts; Electronic Execution</u>.&#160; This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall
        constitute an original but all of which when taken together shall constitute a single contract, and shall become effective as provided in <font style="color: rgb(0, 0, 0);">Section 9.03</font>.&#160; Delivery of an executed counterpart of a signature
        page of this Agreement in electronic (i.e., &#8220;pdf&#8221; or &#8220;tif&#8221;) format shall be effective as delivery of a manually executed counterpart of this Agreement.&#160; The words &#8220;execution,&#8221; &#8220;signed,&#8221; &#8220;signature,&#8221; &#8220;delivery,&#8221; and words of like import in or
        relating to any document to be signed in connection with this Agreement and the transactions contemplated hereby shall be deemed to include Electronic Signatures, deliveries or the keeping of records in electronic form, each of which shall be of
        the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including
        the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act; <font style="font-style: italic;">provided
        </font>that nothing herein shall require the Noteholder Representative to accept electronic signatures in any form or format without its prior written consent.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.14&#160;&#160;&#160;&#160; &#160; &#160; <u>Headings</u>.&#160; Article and Section headings and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and are not to
        affect the construction of, or to be taken into consideration in interpreting, this Agreement.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">128</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.15&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Jurisdiction; Consent to Service of Process</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each of the parties hereto hereby irrevocably and unconditionally 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 the Borough of Manhattan in New York City, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or the other Note Documents, or
        for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that (except as permitted below) all claims in respect of any such action or proceeding shall be heard and determined in
        such New York State or, to the extent permitted by law, in such Federal court.&#160; Each of the parties hereto agrees that a final judgment in any such 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.&#160; Nothing in this Agreement shall affect any right that the Noteholder Representative or any Noteholder may otherwise have to bring any action or proceeding in the courts of any jurisdiction solely in
        connection with the exercise of any rights under any Security Document.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each of the parties hereto hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now
        or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or the other Note Documents in any New York State or Federal court referenced in clause (a).&#160; Each of the parties hereto hereby
        irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160;&#160; &#160; &#160; Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in <font style="color: rgb(0, 0, 0);">Section 9.01</font>
        or as otherwise required by applicable law.&#160; Nothing in this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by law.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.16&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Confidentiality</u>.&#160; Each of the Noteholder Representative and the Noteholders agrees to maintain the confidentiality of the Information (as defined below), except that
        Information may be disclosed (a) to its Affiliates and to its and its Affiliates&#8217; officers, directors, employees and agents, including accountants, legal counsel and other advisors (it being understood that the persons to whom such disclosure is
        made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b) to any regulatory authority or quasi-regulatory authority (such as the National Association of Insurance Commissioners),
        in which case (to the extent not legally prohibited) the relevant Note Party shall be informed promptly, except with respect to disclosures to the National Association of Insurance Commissioners or with respect to any audit or examination conducted
        by bank accountants, credit risk insurers or any governmental, regulatory or self-regulatory authority exercising examination or regulatory authority, (c) to the extent required by applicable laws or regulations or by any subpoena or similar legal
        process, in which case (to the extent not legally prohibited) the relevant Note Party shall be informed promptly, (d) in connection with the exercise of any remedies hereunder or under the other Note Documents or any suit, action or proceeding
        relating to the enforcement of its rights hereunder or thereunder, (e) subject to an agreement containing provisions substantially the same as or no less restrictive than those of this <font style="color: rgb(0, 0, 0);">Section 9.16</font>, to (i)
        any actual or prospective assignee of or participant in any of its rights or obligations under this Agreement and the other Note Documents or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction
        relating to the Issuer or any Subsidiary or any of their respective obligations, (f) with the consent of the Issuer, (g) to the extent such Information becomes publicly available other than as a result of a breach of this <font style="color: rgb(0, 0, 0);">Section 9.16</font> by such person and (h) to market data collectors, similar service providers to the lending industry, and service providers to the Noteholder Representative and the Noteholders, in each case in connection with
        the administration, settlement and management of this Agreement and the other Note Documents.&#160; Each of the Noteholder Representative and the Noteholders agrees not to use any Information for any purpose or in any manner other that evaluating the
        performance of the Issuer and its Subsidiaries hereunder and enforcing the rights, remedies and obligations hereunder and under the other Note Documents.&#160; For the purposes of this <font style="color: rgb(0, 0, 0);">Section 9.16</font>, &#8220;<u>Information</u>&#8221;
        shall mean all information received from the Issuer and related to the Issuer or its business, other than any such information that was available to the Noteholder Representative or any Noteholder on a nonconfidential basis prior to its disclosure
        by the Issuer.&#160; Notwithstanding anything contrary provided above in this <font style="color: rgb(0, 0, 0);">Section 9.16</font>, the Noteholder Representative may publicize its services and roles as Noteholder Representative in connection with the
        transactions contemplated hereunder, including, without limitation, issuing a press release and granting interviews with and providing information to the financial press and other media; <font style="font-style: italic;">provided</font>, that, the
        Noteholder Representative or Noteholder, as applicable, shall consult with the Issuer prior to the dissemination of any such written materials and each such person shall use commercially reasonable efforts to agree upon mutually satisfactory text
        therefor.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">129</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.17&#160;&#160;&#160; &#160; &#160; <u>PATRIOT Act Notice</u>.&#160; Each Noteholder and the Noteholder Representative (for itself and not on behalf of any Noteholder) hereby notifies the Issuer that pursuant to the
        requirements of the PATRIOT Act, it is required to obtain, verify and record information that identifies the Issuer, which information includes the name and address of the Issuer and other information that will allow such Noteholder or the
        Noteholder Representative, as applicable, to identify the Issuer in accordance with the PATRIOT Act.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.18&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>No Advisory or Fiduciary Responsibility</u>.&#160; In connection with all aspects of each transaction contemplated hereby (including in connection with any amendment, waiver or
        other modification hereof or of any other Note Document), the Issuer acknowledges and agrees that: (a) (i) the arranging and other services regarding this Agreement provided by the Noteholder Representative and the Noteholders are arm&#8217;s-length
        commercial transactions between the Issuer and its Affiliates, on the one hand, and the Noteholder Representative and the Noteholders, on the other hand, (ii)&#160; the Issuer has consulted its own legal, accounting, regulatory and Tax advisors to the
        extent it has deemed appropriate and (iii) the Issuer is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Note Documents; (b) (i) the Noteholder
        Representative and Noteholder is and has been acting solely as a principal and has not been, is not, and will not be acting as an advisor, agent or fiduciary for the Issuer or any of its Affiliates, or any other person, and (ii) none of the
        Noteholder Representative or any Noteholder has any obligation to the Issuer or any of its Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Note Documents; and (c)
        the Noteholder Representative, the Noteholders and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Issuer and its Affiliates and none of the Noteholder Representative
        or any Noteholder has any obligation to disclose any of such interests to the Issuer or any of its Affiliates.&#160; To the fullest extent permitted by Law, the Issuer hereby waives and releases any claims that it may have against the Noteholder
        Representative and the Noteholders with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transactions contemplated hereby.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.19&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Intercreditor Agreement</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160; &#160; &#160;&#160; Each Noteholder irrevocably authorizes the Noteholder Representative to execute and deliver the Intercreditor Agreement and each other intercreditor agreement
        contemplated by the terms of this Agreement and to take such action, and to exercise the powers, rights and remedies granted to the Noteholder Representative thereunder and with respect thereto.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160; Each Noteholder irrevocably authorizes the Noteholder Representative to execute and deliver other intercreditor documentation (for example and without limitation
        documentation with respect to intercreditor arrangements for <font style="font-style: italic;">pari passu </font>secured indebtedness envisioned by the debt and Liens covenants herein) in form and substance satisfactory to the Noteholder
        Representative (acting at the direction of the Required Noteholders) and to take such action, and to exercise the powers, rights and remedies granted to the Noteholder Representative hereunder and with respect thereto.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">130</font></div>
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      <div style="text-align: justify; text-indent: 36pt;">Section 9.20&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Collateral and Guarantee Matters</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Subject to the reinstatement provisions set forth in any applicable Security Document, unless an Event of Default has occurred and is continuing, a Note Party shall automatically be released from
        its obligations under the Note Documents, and all security interests created by the Security Documents in Collateral owned by such Note Party shall be automatically released, upon the consummation of any transaction permitted by this Agreement as a
        result of which such Note Party ceases to be a Subsidiary or becomes an Excluded Subsidiary (or in case the Note Party elects that any Designated Subsidiary that would otherwise constitute an Excluded Subsidiary cease to be a Designated
        Subsidiary); <font style="font-style: italic;">provided</font> that, if so required by this Agreement, the Required Noteholders (or if applicable, the Noteholders) shall have consented to such transaction and the terms of such consent shall not
        have provided otherwise; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">further</font>, <font style="font-style: italic;">however</font>, that notwithstanding the foregoing, without the consent of the
        Required Noteholders, no Note Party shall be released from its obligations under the Note Documents if such Note Party either (x) becomes an Excluded Subsidiary as a result of any transaction undertaken by the Issuer or any Subsidiary or (y) ceases
        to be a Subsidiary but the Issuer or a Subsidiary or an Affiliate thereof retains any direct or indirect Equity Interest in, or otherwise Controls, such Person (other than with respect to the Released Guarantors), unless (a) the transaction
        pursuant to which such Note Party becomes an Excluded Subsidiary or ceases to be a Subsidiary is entered into for legitimate bona fide business purposes (other than for purposes of releasing guarantees or collateral hereunder) in good faith with an
        unaffiliated third party (or with a joint venture entity pursuant to a joint venture entered into for legitimate bona fide business purposes with an unaffiliated third party), (b) at the time of such release (and after giving effect thereto), all
        outstanding Indebtedness and Liens of any such Subsidiary becoming an Excluded Subsidiary, and all Investments previously made in any such Subsidiary or other Person remaining outstanding after giving effect to the relevant transaction, would then
        be permitted to be incurred or made in accordance with the relevant provisions of Section 6.01, Section 6.02, Section 6.04, and Section 6.08 (for this purpose, with the Issuer being required to reclassify any such items made in reliance upon such
        Subsidiary or other Person being a Note Party or a wholly-owned Subsidiary on another basis as would be permitted by such applicable Section), and any previous asset sale to such Subsidiary pursuant to Section 6.05 shall be re-characterized and
        would be permitted at the time of such release, as if the same were made to a Subsidiary that was not a Note Party (and all items described above in this clause (b) shall thereafter be deemed re-characterized as provided above in this clause (b)),
        (c) such Subsidiary or other Person shall not be (or shall simultaneously be released as) an obligor with respect to any other Indebtedness of the Issuer or any other Subsidiary (other than, in the case of a Subsidiary that becomes an Excluded
        Subsidiary, Indebtedness of any other Subsidiary becoming an Excluded Subsidiary as part of the same transaction) and (d) such Subsidiary or other Person owns no assets which were previously transferred to it by another Note Party which constituted
        Collateral or proceeds of Collateral (or the transfer of any such assets to such Subsidiary or other Person by such Note Party would be permitted hereunder immediately following such release). Upon any sale or other transfer by any Note Party
        (other than to the Issuer or any other Note Party) of any Collateral in a transaction permitted under this Agreement, or upon the effectiveness of any written consent to the release of the security interest created under any Security Document in
        any Collateral pursuant to Section 9.08, the security interests in such Collateral created by the Security Documents shall be automatically released. Upon the release of any Note Party from its Guarantee in compliance with this Agreement, the
        security interest in any Collateral owned by such Note Party created by the Security Documents shall be automatically released. On the date on which all Obligations have been paid in full in cash (other than contingent indemnification obligations
        not yet accrued and payable), all obligations under the Note Documents and all security interests under the Security Documents shall be automatically released. In connection with any termination or release pursuant to this Section, and in
        connection with any Collateral becoming Excluded Property, the Noteholder Representative shall execute and deliver to any Note Party, at such Note Party&#8217;s expense, all documents that such Note Party shall reasonably request to file or register in
        any office, or to evidence, such termination or release, or, in the case of Collateral becoming Excluded Property, to effect, to file or register in any office, or to evidence the release of any security interest created by the Security Documents
        in such assets. Any execution and delivery of documents pursuant to this Section shall be without recourse to or warranty by the Noteholder Representative or the Noteholders. Each of the Secured Parties irrevocably authorizes the Noteholder
        Representative, at its option and in its discretion, to effect the releases set forth in this Section.</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">131</font></div>
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      <div style="text-align: justify; text-indent: 36pt;">Upon request by the Noteholder Representative at any time, the Required Noteholders will confirm in writing the Noteholder Representative&#8217;s authority to release or subordinate its interest in
        particular types or items of property, or to release any Subsidiary Guarantor from its Guarantee under the Guarantee Agreement pursuant to this <font style="color: rgb(0, 0, 0);">Section 9.20</font>.&#160; In each case as specified in this <font style="color: rgb(0, 0, 0);">Section 9.20</font>, the Noteholder Representative will promptly upon the request of the Issuer (and each Noteholder irrevocably authorizes the Noteholder Representative to), at the Issuer&#8217;s expense, execute and
        deliver to the applicable Note Party such documents as the Issuer may reasonably request to evidence the release or subordination of such item of Collateral from the assignment and security interest granted under the Security Documents, or to
        evidence the release of such Subsidiary Guarantor from its Guarantee under the Guarantee Agreement, in each case in accordance with the terms of the Note Documents and this <font style="color: rgb(0, 0, 0);">Section 9.20</font> (and the Noteholder
        Representative may rely conclusively on a certificate of a Responsible Officer of the Issuer to that effect provided to it by any Note Party upon its reasonable request without further inquiry).&#160; Any execution and delivery of documents pursuant to
        this <font style="color: rgb(0, 0, 0);">Section 9.20</font> shall be without recourse to or warranty by the Noteholder Representative (other than a representation that the Noteholder Representative has not transferred the security interests
        granted to the Noteholder Representative in any Collateral to any other person).&#160; Any execution and delivery by the Noteholder Representative pursuant to this <font style="color: rgb(0, 0, 0);">Section 9.20</font> or the release provisions of any
        Security Document shall be without recourse to or warranty by the Noteholder Representative (other than the absence of any encumbrance created, or transfer made, by it).</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.21&#160;&#160;&#160; &#160;&#160;&#160; <u>Acknowledgment and Consent to Bail-In of EEA Financial Institutions</u>.&#160; Notwithstanding anything to the contrary in any Note Document or in any other agreement,
        arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Noteholder that is an Affected Financial Institution arising under any Note Document, to the extent such liability is unsecured, may be
        subject to the Write-Down and Conversion Powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160;&#160;&#160; &#160; &#160; the application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by
        any Noteholder that is an Affected Financial Institution; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the effects of any Bail-In Action on any such liability, including, if applicable:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; a reduction in full or in part or cancellation of any such liability;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160; &#160;&#160; a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such Affected
        Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any
        such liability under this Agreement or any other Note Document; or</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">132</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(1, 0, 0);">(iii)</font>&#160;&#160; &#160; &#160; the variation of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of the
        applicable Resolution Authority.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.22&#160;&#160;&#160; &#160;&#160;&#160; <u>[Reserved]</u>.</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;">Section 9.23&#160;&#160;&#160; &#160; &#160; <u>Representations and Warranties of the Noteholders</u>.&#160; Each Noteholder severally and not jointly represents and warrants to, and agrees with, the Issuer as of the Closing
        Date, and on any date of any assignment pursuant to <font style="color: rgb(0, 0, 0);">Section 9.04</font>, that:</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(a)&#160;&#160; &#160;&#160;&#160; &#160; It is either (A) a Qualified Institutional Buyer, (B) an Institutional Accredited Investor or (C) a non-U.S. person (as such term is defined in Regulation S under the
        Securities Act (&#8220;<u>Regulation S</u>&#8221;)) and will not acquire the Notes for the account or benefit of any U.S. Person, and it is purchasing the Notes outside the United States in an offshore transaction in accordance with Regulation S;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(b)&#160;&#160; &#160;&#160;&#160; &#160; It has such knowledge and experience in financial and business matters and investments in general that make it capable of evaluating the merits and risks of the Notes
        and the transactions contemplated by this Agreement (and has sought such accounting, legal, tax and other advice as it has considered necessary to make an informed investment decision);</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(c)&#160;&#160;&#160; &#160; &#160;&#160; It acknowledges that it has been afforded: (a) the opportunity to ask such questions as it has deemed necessary of, and to receive answers from, representatives of
        the Issuer and its Subsidiaries concerning the merits and risks of investing in the Issuer and its Subsidiaries; (b) access to information about the Issuer and its Subsidiaries, their results of operations, financial condition, and cash flows, and
        their business generally, in each case sufficient to such Noteholder&#8217;s satisfaction to enable such Noteholder to evaluate whether or not to proceed with the execution and delivery of this Agreement and the consummation of the transactions
        contemplated hereby; and (c) the opportunity to obtain such additional information that such Noteholder believes is necessary to make an informed investment decision with respect to the Notes and the consummation of the transactions contemplated by
        this Agreement;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(d)&#160;&#160;&#160;&#160;&#160; &#160;&#160; It acknowledges and agrees that neither the Issuer nor any of its Subsidiaries is making any representations or warranties whatsoever, express or implied, except for
        those representations and warranties contained in <font style="color: rgb(0, 0, 0);">Article III</font> of this Agreement or in any certificate delivered in connection herewith, and it acknowledges and agrees that, except for such representations
        and warranties, it is purchasing the Notes on an &#8220;as is/where is&#8221; basis.&#160; In making the decision to enter into this Agreement and the documents contemplated hereby to which it is a party and to consummate the transactions contemplated hereby, other
        than reliance on the representations and warranties contained in <font style="color: rgb(0, 0, 0);">Article III</font> of this Agreement, such Noteholder acknowledges and agrees that it has relied solely on its own independent investigation,
        analysis, and evaluation of the Issuer and its Subsidiaries and hereby disclaims reliance on any other representations and warranties;</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(e)&#160;&#160; &#160; &#160;&#160; It is acquiring the Notes for its own account, for investment purposes only and not with a view to any distribution thereof or with any present intention of offering
        or selling any of the Notes in a transaction that would not otherwise comply with the Securities Act or the securities laws of any state of the United States;</div>
      <div>&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;">133</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; It (A) understands that the Notes have not been registered under the Securities Act or the securities laws of any states and that the Notes are being issued by the
        Issuer in transactions exempt from the registration requirements of the Securities Act and (B) agrees that neither all nor any part of the Notes may be offered or sold except pursuant to effective registration statements under the Securities Act or
        pursuant to applicable exemptions from registration under the Securities Act and in compliance with applicable state laws; and</div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160; It understands that the exemption from registration afforded by Rule 144 (the provisions of which are known to such Noteholder) promulgated under the Securities Act
        depends on the satisfaction of various conditions, and that, if applicable, Rule 144A may afford the basis for sales only in limited amounts.</div>
      <div>&#160;</div>
      <div style="text-align: center; margin-left: 36pt;">[<font style="font-variant: small-caps;">Signature Pages Intentionally Omitted</font>]</div>
      <div>&#160;</div>
      <div style="text-align: center;"><br>
        <font style="font-size: 8pt; font-weight: normal; font-style: normal;">134</font><br>
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<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>7
<FILENAME>ef20033689_ex10-6.htm
<DESCRIPTION>EXHIBIT 10.6
<TEXT>
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      <div style="font-family: 'Times New Roman'; font-weight: bold; text-align: right;">Exhibit 10.6</div>
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            <div style="text-align: left;"><img height="87" width="334" src="image0.jpg"></div>
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          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
          <td style="width: 50%; vertical-align: top; font-size: 10pt;">
            <div style="text-align: right; font-family: 'Times New Roman';">World Headquarters</div>
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          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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            <div style="text-align: right; font-family: 'Times New Roman';">3001 Summer Street</div>
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          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
          <td style="width: 50%; vertical-align: top; font-size: 10pt;">
            <div style="text-align: right; font-family: 'Times New Roman';">Stamford, CT 06926</div>
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          <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
          <td style="width: 50%; vertical-align: top; font-size: 10pt;">
            <div style="text-align: right; font-family: 'Times New Roman';">www.pitneybowes.com</div>
          </td>
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                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SEPARATION AGREEMENT AND GENERAL RELEASE</div>
                  <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">PITNEY BOWES INC.</div>
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      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <br>
      </div>
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    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">85 Point Beach Dr</div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Milford, Connecticut&#160; 06460-7647</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Dear James:</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">This letter agreement (the &#8220;Agreement&#8221;) is by and between you and Pitney Bowes Inc.<font style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</font>and/or its
      parent, subsidiaries, affiliates, divisions, related business entities, and with respect to each of them, their predecessors, successors, and assigns, employee benefit plans or funds, and with respect to each such entity, all of its or their past,
      present and/or future directors, officers, attorneys, fiduciaries, representatives, shareholders, agents, employees, heirs, personal representatives, benefit plans, trustees, administrators and assigns, whether acting on behalf of&#160; a company entity
      or in their individual capacities (collectively the &#8220;Company Entities&#8221;).&#160; Your Benefit Information, regardless of whether you sign this Agreement, is provided in a separate document<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Because of the subject of this letter, its tone necessarily is formal. However, on behalf of the Company Entities, I want to express our sincere appreciation for the
      contributions you have made during your employment.&#160; I also want to convey to you our best wishes for your future.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">Except with respect to agreements, plans, policies, or programs referred to herein, this Agreement supersedes any and all previous agreements,
      either signed or unsigned, with respect to your employment or termination of employment, except that you specifically agree to continue to be bound by: any patent or intellectual property provisions; any restrictive covenant provisions regarding,
      without limitation, non-competition, non-solicitation and non-disclosure; any non-disparagement provisions; and any Proprietary Interest Protection Agreement, all of which shall specifically survive and continue in full force and effect. Wherever in
      this Agreement it requires you to sign this Agreement containing a waiver and release, it is also meant to require that you sign an Updated Waiver and Release on or about your Last Day of Work if requested to do so by the Company. By signing this
      Agreement you also agree to sign such Updated Waiver and Release&#160; requested by the Company.</div>
    <div style="font-size: 10pt;"><br>
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
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      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">2</font></div>
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          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">1.</td>
          <td style="width: auto; vertical-align: top; text-align: left;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>LAST DAY OF WORK/SEPARATION DATE</u></font><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>:</u></font></div>
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    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">Your Last Day of Work for Pitney Bowes Inc.<font style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</font>(the &#8220;Company&#8221;) will be March 31,
      2025 and your Separation Date will be April 1, 2025,<font style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</font>unless an earlier Last Day of Work and Separation Date are required due to a significant change in current business
      conditions and/or needs. For purposes of your 2024 annual bonus, the Company agrees to apply the same performance multiplier for 2024 applied to comparable employees (<font style="font-family: 'Times New Roman';"><u>e.g.</u></font>, if comparable
      employees are being paid at 110% of target, your 2024 annual bonus will also be paid at 110% of target, and if comparable employees are being paid at 80% of target, your 2024 annual bonus will also be paid at 80% of target), with such annual bonus
      paid when annual bonuses for then active employees of the Company are paid, but no later than March 15, 2025. The period of your continued employment through March 31, 2025 shall be referred to herein as the &#8220;Continuation Term.&#8221; As of your Separation
      Date, you shall not represent yourself as being an employee, officer, agent or representative of the Company for any purpose. <font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">If your employment is not terminated as of the
        Separation Date, this Agreement shall be immediately revoked and deemed null and void.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z4efb2d3a1bca4c9a8c2edaa8e6634978" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="font-size: 10pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">2.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>SEVERANCE TERMS AND CONDITIONS:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">Your &#8220;Annual Base Salary&#8221; is $605,690.00 and your service recognized under the Severance Plan is 25 years and 8 completed months of service.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z2eadf554a2a24855bc36651fa5915871" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">a.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Base Severance.</u>&#160; </font><font style="font-size: 10pt;">Subject to eligibility under the
                Company&#8217;s Severance Pay Plan (&#8220;Severance Plan&#8221;), you will receive severance benefits of two (2) weeks base pay equal to the gross sum of $23,295.76, even if you do not sign this Agreement (&#8220;Minimum Benefit&#8221;).&#160; Base pay is your base salary
                rate of pay recognized for Severance Plan purposes.&#160; As used in this Agreement, Base Severance Period means the period you will be receiving Base Severance.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z3c40fa79cff145c4b9a21a4b3ddc1c4a" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">b.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Conditional Severance.</u></font><font style="font-size: 10pt;"> Subject to the terms of the
                Company&#8217;s Severance Pay Plan and if you sign this Agreement and comply with all its terms, you will receive Conditional Severance benefits of 50 weeks base pay equal to the gross sum of $582,394.00 (&#8220;Conditional Benefit&#8221;). The Conditional
                Benefit is in addition to your Minimum Benefit.&#160; As used in this Agreement, the term Conditional Severance Period means the period of time you are receiving Conditional Severance.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zded003afdc3042a3a9a607bd9e37a901" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">c.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="font-family: 'Times New Roman';">If you sign this Agreement and comply with all its terms, the Company will provide you with a pro-rata annual bonus, if any, for 2025 (the <font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">&#8220;Pro-Rata Bonus&#8221;</font>), which Pro-Rata Bonus, if any, shall take into consideration the period of time in 2025 in which you were employed by the Company and actual Company results, and be determined at the
              discretion of the Company&#8217;s Board of Directors. The Pro-Rata bonus, if any, will be paid to you when annual bonuses for then-active employees of the Company are paid, but no later than March 15, 2026.</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zd82ed17903bb4319b1df445ac93f4bda" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">d.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="font-family: 'Times New Roman';">Base Severance and Conditional Severance will be paid in a stream of payments on regular paydays following your Separation Date.</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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        <div style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant: normal; text-transform: none;">
          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">3</font></div>
      </div>
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    <table cellspacing="0" cellpadding="0" id="z8ba11f48c43545158fdc5d43ec9a3d54" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">e.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Tax Withholding.</u>&#160;</font><font style="font-size: 10pt;">Severance payments made pursuant to
                this Agreement are taxable and the Company will withhold required federal, state and employment taxes from these payments.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="ze7646b9278b842e09a22d9b99f50e49a" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">f.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Unemployment Compensation.</u></font><font style="font-size: 10pt;"> The decision to apply for
                state unemployment compensation is your own. If you choose to apply for Unemployment Compensation (Connecticut ID Number 3717208) based on the termination of your employment with the Company, the Company may be asked to characterize the
                circumstances of your termination of employment. If asked the Company will answer all inquiries truthfully.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z9b7758ae77ca469796c670c8484279f8" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">g.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Continued Performance of Job Responsibilities.</u></font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> Payment of any Severance and your continued employment through the Separation Date is contingent upon your performance of job responsibilities assigned to you by the Board of Directors
                and the Company&#8217;s Interim Chief Executive Officer at acceptable levels and your compliance with the Company&#8217;s Policies and Procedures as well as you remaining an employee in good standing through your Separation Date.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">If your employment is terminated by Pitney Bowes for any reason other than for &#8220;Cause&#8221;<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> prior to the end of the Continuation Term, the
      Company agrees that it shall pay you the balance of what you would have been paid had you worked for the full Continuation Term, and you will still be eligible for the severance provided under this Agreement.&#160; However, if you voluntarily resign or
      are terminated for &#8220;Cause&#8221; prior to the end of the Continuation Period, you will not be eligible for any additional payments from the Company had you worked for the remainder of the Continuation Term and will not be eligible for the severance
      provided under this Agreement.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zc54edcad0f754f58b4ca3a2aebc0350c" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">h.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);"><u>Balances You Owe the Company.</u>&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">You agree that any money you owe the Company may be deducted from&#160;&#160; any Severance paid, subject to applicable law.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z0010ba120a4d4f7295611b975f6d680f" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">i.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);"><u>Severance Period.</u></font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> For purposes of this Agreement, the term Severance Period means the period from your Separation Date through to the end of the period in which you are receiving any severance payments or through the
                entire bridged period if that applies to you.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <hr noshade="noshade" align="left" style="height: 2px; width: 25%; color: #000000; background-color: #000000; text-align: left; margin-left: 0px; margin-right: auto; border: none;">
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> &#8220;Cause&#8221; shall mean (i) your willful and continued failure to perform substantially the duties of your employment (other than due to physical or mental
      incapacity); (ii) your willful engaging in illegal conduct or gross misconduct which is materially and demonstrably injurious to the Company; (iii) your willful&#160; disclosure of confidential or trade secret information of the Company (or any of its
      affiliates) to anyone who is not entitled to receive such information; (iv) your willful breach of your Proprietary Information Protection Agreement (to the extent applicable on or after September 4, 2024); or (v) your engaging in embezzlement from
      the Company; provided, however, that no act or failure to act, on your part, shall be considered &#8220;willful&#8221; unless it is done, or omitted to be done, by you in bad faith or without reasonable belief that your action or omission was in the best
      interests of the Company.&#160; Prior to terminating you for &#8220;Cause,&#8221; the Company agrees to provide you with fifteen (15) days&#8217; written notice of such termination, and you will have the opportunity to cure such conduct, if curable, during said 15-day
      period.</div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"> <br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="width: 100%;" class="BRPFPageFooter">
        <div style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant: normal; text-transform: none;">
          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">4</font></div>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" id="zd49fd8acf55f4e65b1fbb35a305ca36c" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">j.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);"><u>Death.</u></font><font style="font-size: 10pt;"> If you should die at any
                time after the date you have executed this Agreement any unpaid Severance shall be paid to your estate in a lump sum payment as soon as practicable after death.<font style="font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">&#160; </font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">Your estate will be entitled to such unpaid Severance even if your death occurs prior to the end of the Continuation Term.</font></font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="za9504664e6124cdfa6e63090e48a60b8" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">3.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>HEALTH CARE COVERAGE:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zae0866adb02a4457b9a30db62c30ef7a" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">a.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>Your Current Coverage</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">Generally, your current medical, prescription drug and dental coverage elections and related costs will continue until the end of the month in which
      your employment terminates.&#160; Immediately thereafter, other coverage (including COBRA or Retiree Medical coverage) shall begin, depending on your eligibility and your coverage elections.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z386f919c5035404aafefea7c0c779e81" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">b.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>Your COBRA Coverage</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">Under the Consolidated Omnibus Budget Reconciliation Act (COBRA), you have the right to elect to continue your Pitney Bowes medical, prescription drug
      and/or dental coverage for up to 18 months after your coverage as an active employee ends.&#160; Shortly after your Separation Date, Willis Towers Watson will mail a kit containing COBRA information to your home. <font style="font-family: 'Times New Roman'; font-weight: bold;">You will be required to make your COBRA election by contacting Willis Towers Watson (through the Pitney Bowes Services Center) directly by phone or through their website.</font>&#160; <font style="font-family: 'Times New Roman'; font-weight: bold;">Failure to provide payment will result in a lapse of coverage.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">Coverage may cease before the end of the COBRA period if certain events take place (please refer to &#8220;Your Benefits Information Handbook&#8221; for more
      information).&#160; <font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">When the COBRA period has ended you may be offered coverage under your provider's individual coverage <u>conversion</u> provision, if offered by the provider.&#160; The
        individual coverage offered may not be the same coverage offered under the active or COBRA plan.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="za66fe5a9a3124e6d97f77a2b44e48271" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">c.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold;"><u>Your COBRA Premium</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">You will be charged the full COBRA premium (102%) for your COBRA coverage beginning the first day of the month after your employment terminates.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">5</font></div>
      </div>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Eligibility for Active Rate Period</u></font><font style="font-size: 10pt;">.
        However, if you sign this Agreement (and, if applicable, an Updated Waiver and Release) and comply with its terms, you will be eligible for COBRA medical coverage at the active employee rate for the first six (6) months of your COBRA period.&#160;
        Thereafter, you will pay the full COBRA rate (102%) for the remainder of your eligible COBRA period.&#160; The active employee rate will end if you find new employment and are eligible for medical and dental coverage from your new employer during the
        six-month period.&#160; If you are eligible for the Active Rate Period, to obtain the company subsidy you must enroll in COBRA coverage with Willis Towers Watson by phone or through their website.&#160; Follow the directions in your COBRA package sent to you
        by Willis Towers Watson soon after your Last Day of Work.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);"><u>Bridging to Retiree Medical and Dental Coverage</u>.&#160; </font><font style="font-size: 10pt;">If you are within two (2) years of qualifying for retiree medical and dental coverage (age 55 and 10 years of service with the Company after age 45), if you sign this Agreement, the Company will bridge you to retiree
        medical and dental eligibility.&#160; Although you currently are not eligible for retiree medical and dental coverage under the Pitney Bowes Medical Plan, if you sign this Agreement we are prepared to bridge you to eligibility for retiree medical and
        dental coverage by continuing active employee medical and dental coverage until <font style="font-family: 'Times New Roman'; font-weight: bold;">April 30, 2026</font>.<font style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</font>In no
        event will the active rate medical period be less than six (6) months from the Last Day Worked.&#160; Bridging you to retiree medical and dental eligibility will not affect your separation payments as described above.&#160; Rather the Company will provide
        medical and dental coverage at active employee rates until you reach retiree medical and dental eligibility and at that point you will be converted to retiree medical and dental coverage.&#160; You will also have concurrent COBRA rights. You will be
        responsible for making full and timely payments of medical and dental premiums.&#160; <font style="font-family: 'Times New Roman'; font-weight: bold; font-style: italic;">Failure to make full and timely payment of medical and dental premiums when due
          will result in lapse of coverage and will affect your eligibility for retiree&#160; medical and dental coverage or COBRA coverage as the case may be</font><font style="font-family: 'Times New Roman'; font-weight: bold;">.</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#160; Your medical and dental coverage during this period will be administered through Willis Towers Watson (e.g., direct billed). </font><font style="font-family: 'Times New Roman'; font-weight: bold;">The active employee rate will end if you find new employment and are eligible for medical and dental coverage from your new employer but your bridging service will continue until your Retiree Medical and Dental eligibility
          date.</font>&#160;<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> You will be eligible to elect Retiree Medical and Dental on the first day of the month following the date you become eligible for such coverage.</font></font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Rate Changes</u></font><font style="font-size: 10pt;">.&#160; Rates
        charged by the Company for medical and dental coverage, including active, COBRA and Retiree coverage, is subject to change when it is changed for active employees (usually annually effective January 1<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">st</sup>).</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; text-indent: 0pt; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">If you do not receive your
        COBRA materials, please contact Willis Towers Watson at 1-888-469-7276.&#160; </font><font style="font-size: 10pt;">You will be direct billed for this coverage on a monthly basis.&#160; Note that you are responsible to contact Willis Towers Watson during
        transition periods regarding your medical and dental coverage choices.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
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        <div style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant: normal; text-transform: none;">
          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">6</font></div>
      </div>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Failure to make full and timely payment of premiums when due will result in a lapse of coverage.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z799d768bbf844e6f97076f06f70c9fb9" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">d.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>Dental</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">The cost of dental coverage continuation will be based on COBRA rates for the entire COBRA period.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">If you wish to elect COBRA, follow the instructions in the COBRA package sent to you by Willis Towers Watson soon after your Last
      Day of Work.&#160; You must pay your COBRA premiums directly to Willis Towers Watson LLC (through the Pitney Bowes Services Center) to continue your COBRA coverage.&#160; Failure to make full and timely payment of premiums will result in lapse of coverage<font style="font-family: 'Times New Roman';">.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z79825b8f843b4e3a9c256c75fb51e78f" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">e.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>Flex Dollars</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">Any Flex Dollars will cease upon your Separation Date. However, <font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">if you sign this
        Agreement, and comply with all its terms</font>, your Flex Dollars will continue through the period during which you are eligible for the active employee rate and elect continued coverage.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zf85d44c7bfa54d0da0843fa4cb753965" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">4.</td>
          <td style="width: auto; vertical-align: top; text-align: left;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>LIFE INSURANCE COVERAGE</u></font><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>:</u></font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">If you sign this Agreement and comply with all its terms, you will receive Company-provided term life insurance coverage equal to one year of your
      base salary in effect as of your Separation Date for a one-year period following your Last Day of Work (the &#8220;Extended Coverage Period&#8221;).&#160; There is no employee-paid monthly premium for this life insurance coverage but you will have imputed income
      based on this coverage pursuant to tax law to the extent the coverage exceeds $50,000.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z518fffe5a43d48d884641f94c619f867" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">5.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>PENSION PLAN:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">Since you are within two (2) years of either age 55 or 10 years of service and if you sign this Agreement, the Company will bridge you to Early
      Retirement for Pension Plan purposes.&#160; Even though you are fully vested in the Pension Plan, in order to qualify for Early Retirement under the Pension Plan you will need to be bridged until <font style="font-family: 'Times New Roman'; font-weight: bold;">April 29, 2026</font>.&#160; If the weeks of your Severance Period are insufficient to get you to <font style="font-family: 'Times New Roman'; font-weight: bold;">April 29, 2026</font>, the Company will bridge you to Early Retirement eligibility
      for up to 24 months from your Last Day Worked. In your case you will be bridged to <font style="font-family: 'Times New Roman'; font-weight: bold;">April 29, 2026</font>. After December 31, 2014, no further accruals will occur under the Pension
      Plan. Therefore, your Severance Period will only count toward your eligibility for Early Retirement under the Pension Plan.<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#160; In some cases, pension benefits described in this
        Agreement may be paid under the Pitney Bowes Pension Restoration Plan, instead of the Pension Plan, in accordance with either plan terms or the law.&#160; The Company always reserves the right to amend, modify, or terminate its employee benefits plans
        in the ordinary course of business, even as those plans and policies may impact you, without prior notice.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
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      <div style="width: 100%;" class="BRPFPageFooter">
        <div style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant: normal; text-transform: none;">
          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">7</font></div>
      </div>
    </div>
    <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">If you wish to take a lump sum distribution under the Pension Plan, you must elect that form of distribution by the later of the
      date you turn age 55, the end of your Severance Period, or 45 days from the date on your term vested letter notifying you of your vested retirement benefit under the Pitney Bowes Pension Plan.&#160; Thereafter your benefit must be paid in monthly payments
      (an annuity).&#160; If you have a benefit under the nonqualified Pension Restoration Plan, unless you notify us otherwise before your Last Day of Work, you will receive a lump sum payment of Pension Restoration Plan thirteen (13) months after Last Day of
      Work.&#160; It is your responsibility to maintain a current address at Pitney Bowes and to notify the Pitney Bowes Benefits Center at 1-888-469-7276 before required deadline dates to commence your Pension Plan benefits.&#160; You should request a Pension kit
      at least 60 days, but not more than 90 days, in advance of your anticipated benefit payment date.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z8ac37a6fe91845c082c89ccca22a3212" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">6.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>RE-HIRE POLICY:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">In furtherance of your transition from the Company, you agree not to apply for re-employment with the Company or with any of the Company Entities
      and/or be placed as a temporary employee with the Company or with any of the Company Entities through an outside employment agency and that the Company Entities need not consider you for re-employment or for placement as a temporary employee by an
      outside employment agency should you apply until after two (2) years from your Separation Date in any operation as an employee, consultant, job shopper, contract employee or temporary.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z6fcb5e1d0c9b4aedae29c94b496b798a" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">7.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>STOCK OPTIONS, PERFORMANCE STOCK UNITS, CASH INCENTIVE UNITS, STOCK CASH INCENTIVE UNITS AND RESTRICTED STOCK UNITS:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">If you sign this Agreement and comply with all of its terms and all other applicable award financial goals are met, and you do not exercise your right
      to revoke, you will be bridged to retirement for the purposes described in this paragraph and then in accordance with the terms of Pitney Bowes Severance Policy &#8211; Treatment of Stock Options and your Award Agreement, the stock options and restricted
      stock units&#160; granted to you before your Separation Date that are at least partially vested or outstanding for one year as of your Separation Date will continue to vest and remain exercisable, in accordance with the vesting schedule in the Notice of
      Grant Agreement.</div>
    <div style="font-size: 10pt;"><br>
    </div>
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        <div style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant: normal; text-transform: none;">
          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">8</font></div>
      </div>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">Upon your becoming eligible for retirement (10 years of service, including bridging to 10 years of service, and age 55) any outstanding stock option
      awards and restricted stock units will immediately vest, and any outstanding stock option awards may be exercised for the remainder of the original term of each grant.&#160; The Company shall pay you a prorated payout for your outstanding Performance
      Stock Units (PSUs) or Cash Incentive Units (CIUs) at the close of each respective cycle when the value of the PSUs or CIUs are determined.&#160; The payout is based on your total completed months of active service through your Last Day of Work with the
      Company during each 36 month PSU or CIU cycle divided by 36 and multiplied by a percentage based on the achievement of performance-based targets associated with PSUs or CIUs as determined by the Board.&#160; Any stock options granted to you for which no
      vesting has occurred as of your Separation Date (or restricted stock units outstanding for less than one year) are automatically forfeited on your Separation Date.&#160;&#160; All options, whenever granted, are subject to the terms and conditions of your stock
      option award agreement and the Pitney Bowes Stock Plan.&#160; Regarding Stock Cash Incentive Units (SCIU), their treatment will be as provided for in your SCIU Award Agreement.&#160; However, any SCIUs granted to you for which no vesting has occurred as of
      your Separation Date (generally awarded within one year prior of your Separation Date) are automatically forfeited on your Separation Date.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">If you wish to arrange for a "cashless exercise" of your stock options, you will need to contact Shareworks no later than 2:30 p.m. (E.S.T.) on the
      expiration date (or 11:30 a.m. of the expiration date if on that day the New York Stock Exchange is closing at 1:00 p.m.). If your expiration date falls on a weekend or holiday, you must submit your exercise form not later than the time specified
      above on the last business day before the expiration date. Any required forms to execute your transaction must be received by Shareworks by these deadline dates and times.&#160; You can contact Shareworks at 1.877.380.7793 (U.S. and Canada) or
      1.403.515.3909 (International.).&#160; If you fail to follow this procedure relating to your exercise deadline, you will not be permitted to exercise your options and your options will be forfeited and they will not be reinstated. Contact Shareworks at
      the above number if you have questions regarding exercise procedures.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zd4271a3f417647da84d642e1800f1003" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">8.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>CHANGE IN CONTROL:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">In the event that your employment is terminated under circumstances that would entitle you to compensation and benefits under the Company&#8217;s Senior
      Executive Severance Policy, as amended and restated effective September 11, 2023 (the &#8220;Severance Policy&#8221;), including but not limited to termination on your Last Day Worked on March 31, 2025, the compensation and benefits provided under this Agreement
      will be increased so they are no less than those provided under the Severance Policy.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="za7a7d957c7994da2b7f0c1e80b6b9cb7" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">9.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>RETURN OF PROPERTY:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">You agree that you have returned or will return by your Separation Date all property belonging or licensed to the Company or
      Company Entities, including but not limited to, office equipment, computers, laptops, peripherals, hardware, software, manuals, databases, computerized data, pagers, cellular phones, blackberries or similar devices, keys, identification cards, card
      access to Company or customer buildings and any documents and files, regardless of format, provided to or created by you in the course of your employment by the Company.</div>
    <div style="font-size: 10pt;"><br>
    </div>
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">9</font></div>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" id="za9666207f5cf46e49f31f2875fb2337f" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">10.</td>
          <td style="width: auto; vertical-align: top; text-align: left;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>WAIVER &amp; RELEASE</u>:</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z24b992452bcb41d58b08993f6e1c23c7" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">a.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">By signing this Agreement, you agree that in exchange for the payments and other benefits and
                consideration contained in this Agreement to which you are not otherwise entitled, you, on behalf of your heirs, executors, administrators, trustees, legal representatives and assigns, forever release and discharge the Company Entities from
                any and all claims, actions, suits, demands, obligations, losses, liabilities, debts, obligations for damages (including but not limited to compensatory, exemplary and punitive damages), expenses, back pay, reinstatement, attorneys&#8217; fees
                and costs whether known or unknown, against any of the Company Entities,&#160; arising up to and including the date you sign this Agreement, including but not limited to claims arising under the following laws including any amendments to them:
                Title VII of the Civil Rights Act of 1964; the Civil Rights Act of 1991; the Equal Pay Act of 1963; the Age Discrimination in Employment Act of 1967; the Older Workers Benefit Protection Act of 1990; the Americans With Disabilities Act of
                1990; the ADA Amendments Act; the Employee Retirement Income Security Act of 1974; the Worker Adjustment and Retraining Notification Act of 1988; the National Labor Relations Act; 42 U.S.C. 1981; </font><font style="font-size: 10pt;">the
                Family and Medical Leave Act of 1993;<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> the&#160; Connecticut Fair Employment Practices Act; the Connecticut Family and Medical Leave Law; the Connecticut Age Discrimination and
                  Employee Insurance Benefits Law; the Connecticut Smokers&#8217; Rights Law;&#160; and any and all other claims arising under or out of any other federal, state, or local statute, law, constitution, ordinance or regulation or any other claims
                  sounding in tort or contract, including but not limited to claims relating to express or implied contracts, public policy, negligence, personal injury, emotional distress, invasion of privacy, detrimental reliance, promissory estoppel,
                  common law claims or any other claims arising out of or relating to your employment with the Company Entities.&#160; Specifically, and without limitation, you waive any rights that you may have under the Pitney Bowes Incentive Program, the Key
                  Employee Incentive Program, the Pitney Bowes Senior Executive Severance Policy, and agree that no additional cash incentives or payments are owed to you, except as provided herein.</font></font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z4f8fd1d8d6db4ffaaab420076acd1d53" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">b.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="font-family: 'Times New Roman';">Without detracting in any respect from any other provision of this Agreement, you, in consideration of the payments and benefits provided to you in this Agreement, agree and acknowledge that this
              Agreement constitutes a knowing and voluntary waiver of all rights or claims you have or may have against the Company Entities as set forth herein, including, but not limited to, all rights or claims arising under the Age Discrimination in
              Employment Act of 1967 (&#8220;ADEA&#8221;), as amended, including, but not limited to, all claims of age discrimination in employment and all claims of retaliation in violation of the ADEA.</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">10</font></div>
      </div>
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    <table cellspacing="0" cellpadding="0" id="ze41c47c5fbfd476888d739950c3c5c6b" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">c.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">To the fullest extent of the law and subject to the provisions of paragraph (d) below you
                represent and affirm that (i) you have not filed or caused to be filed, on your behalf, or are not aware of any lawsuit, complaint or claim for relief against any of the Company Entities,</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(255, 0, 0);">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">that you do not have a pending claim of unlawful discrimination, harassment, sexual harassment, abuse,
                assault, or other criminal conduct or retaliation and you will not file or cause a filing on your behalf any lawsuit, complaint or claim for relief against any of the Company Entities; and (ii) you have no knowledge of any purported
                improper, unethical or illegal conduct or activities and have not reported any such conduct or activities to any supervisor, manager, department head, Human Resources representative, Corporate Compliance representative, agent or other
                representative of the Company, to any member of the Company&#8217;s legal or compliance departments, to PB Resolve, or to the Ethics Hotline.&#160; </font><font style="font-size: 10pt;">You will be deemed to have sued the Company Entities if you
                elect to participate in and/or accept any settlement from any class action filed against any of the Company Entities.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zbbe046bf0a4e4911a876e992d42fc5f1" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">d.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Nothing in this Agreement shall prohibit or restrict you from (i) making any disclosure of information required by law; (ii) providing information to, or testifying or otherwise
              assisting in any investigation or proceeding brought by any federal or state regulatory or law enforcement agency or legislative body, any self-regulatory organization, or the Company&#8217;s legal or compliance departments; or (iii) testifying,
              participating in or otherwise assisting in a proceeding relating to an alleged violation of the Sarbanes-Oxley Act or any federal, state or municipal law relating to fraud or any rule or regulation of the Securities and Exchange Commissioner,
              or any self-regulatory organization.</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z281c5097408140348df69ebd9e4cb0af" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">11.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>NON-WAIVER OF VESTED OR LEGAL RIGHTS:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 12pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">By signing this Agreement you are <u>not</u> releasing any rights
        or claims which&#160; cannot be released by law including:&#160; </font><font style="font-size: 10pt;">(1) claims to enforce your rights under your Indemnification Agreement dated April 10, 2024, or claims for coverage under the Company&#8217;s Directors &amp;
        Officers Liability Insurance Policy; (2) claims to enforce this Agreement; (3) any and all accrued or vested benefits subject to the terms of applicable Company benefit plans and COBRA (for example, vested pension rights, COBRA rights to continued
        coverage for medical, prescription and dental, and conversion to individual coverage for life insurance); (4) <font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">claims that may arise after the date that you sign this Agreement; (5)
          workers&#8217; compensation claims; or (6) your right to file a charge with an administrative agency such as the Equal Employment Opportunity Commission; however you are waiving all rights to recover money or other relief in connection with any such
          charge.</font></font></div>
    <div style="font-size: 10pt;"><br>
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
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      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">11</font></div>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" id="zd272ae2d9c534eaf8fd6e065038ef405" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">12.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>AFFIRMATIONS:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">By signing this Agreement, you affirm as follows: (1)&#160;&#160; you have been paid for all hours worked, with the exception of hours worked within the pay
      period that includes the date you sign this Agreement and/or hours worked subsequent to the date you sign this Agreement, if you sign this Agreement before your receive your final active employee paycheck; (2)&#160; you are not owed any monies from the
      Company other than any amounts or payment specified in this Agreement or the Benefits Upon Separation attachment; (3) you have not suffered any on-the-job personal injury for which you have not already filed a claim; (4) you have been allowed to take
      all leave and afforded all other rights to which you are entitled under the Family and Medical Leave Act (FMLA) and under any applicable state family and medical leave laws, which means, among other things, that the Company has not in any way
      interfered with, restrained or denied your exercise of (or attempt to exercise) any federal and/or state FMLA rights, nor terminated or otherwise discriminated or retaliated against you for exercising (or attempting to exercise) any such rights.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z681b9a2b17bd4aaca56ebdd237cd1f44" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">13.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>COOPERATION:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">You agree to cooperate fully with reasonable requests in the handling or investigation of any administrative charges, government inquires or lawsuits
      involving any of the Company Entities that relate to matters that arose while you were an employee of the Company.&#160; The Company will reimburse you for any reasonable out-of-pocket expenses you incur by reason of such cooperation, including any loss
      of income.&#160; The Company will make reasonable efforts to minimize any interruption to your life in connection with your cooperation in such matters as provided for in this paragraph.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z58f0d3029dd5474ead7e8051e2185080" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">14.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>POST-EMPLOYMENT OBLIGATIONS:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zd942afd012f34db1957bde81496d0029" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">a.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">You have certain post-employment obligations set forth in the Proprietary Interest Protection
                Agreement that you previously signed. This Proprietary Interest Protection Agreement survives this Agreement and is incorporated herein by reference. A copy of the Proprietary Interest Protection Agreement is attached.</font><font style="font-size: 10pt; font-family: 'Times New Roman';">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">However, if the Federal Trade Commission&#8217;s Non-Compete Clause Rule issued on April 23,
                2024, goes into effect on September 4, 2024, Section IV(a) of your Proprietary Interest Protection Agreement will not apply on and after September 4, 2024.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z25586479a58f47a29a71b3a5b454e4bb" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">b.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Given your position with the Company, you had access to proprietary information which is information not made available to the public and is maintained as confidential by the
              Company including, but not limited to, Company procedures, scientific or technical knowledge or production information; business information of the Company including, but not limited to, marketing and business plans and strategies; customer
              identities, lists, needs or current or proposed product usage; current or proposed product and equipment costs, specifications and pricing, licensing arrangements, and internal financial information, personnel information including personnel
              lists, resumes, performance evaluations and organization structures; and, passwords or access codes to Company data bases.&#160; You agree that you hold and will hold all such information (including information as to the termination of your
              employment hereunder) in a fiduciary capacity for the benefit of the Company, and will not disclose to any third party or use for your benefit or that of any third party, any proprietary information other than what is reasonably appropriate
              in connection with your securing other employment or engagements.</div>
          </td>
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">12</font></div>
      </div>
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    <table cellspacing="0" cellpadding="0" id="z82bff17b53134f38a8af5c4e535ce338" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">c.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">You will keep confidential the terms of this Agreement. Nothing in this Agreement is intended to
                prevent you from (i) using on your behalf your general knowledge or experience in any area of activity, whether or not involving your service with the Company; (ii) referring to your performance of services for the Company as descriptive of
                your abilities and qualifications for employment or engagement by any other person; (iii) disclosing information concerning this Agreement to your legal, personal, business or tax advisors, or members of your immediate family; or (iv)
                disclosing such information as may be required to be disclosed in response to a subpoena or other order of a court or competent jurisdiction or administrative agency requiring such disclosure, and after reasonable notice to the Company, but
                in no event more than three (3) working days of your receiving such legal process.&#160; Nor shall the foregoing prohibit or restrict such disclosure as may be necessary for the prosecution of claims relating to the performance or enforcement of
                this Agreement or prohibit or restrict you (or your attorney) from responding to any such inquiry about this settlement or its underlying facts and circumstances by the Securities and Exchange Commission or any other regulatory
                organization. In addition, you are </font><font style="font-size: 10pt;">hereby provided notice that under the 2016 Defend Trade Secrets Act no individual will be held criminally or civilly liable under Federal or State trade secret law
                for a trade secret disclosure <font style="font-family: 'Times New Roman';"><u>if the disclosure is</u></font>: (i) made <font style="font-family: 'Times New Roman'; font-weight: bold;">in confidence</font> to a Federal, State, or local
                government official, either directly or indirectly, or to an attorney, and (ii) made <font style="font-family: 'Times New Roman'; font-weight: bold;">solely</font> for the purpose of reporting or investigating a suspected violation of law;
                or, made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made <font style="font-family: 'Times New Roman'; font-weight: bold;">under seal</font> so that it is not made public.&#160; And, if a Company
                employee pursues a lawsuit for alleged retaliation for reporting a suspected violation of the law, he or she may use trade secret information in the court proceeding if he or she files any document containing the trade secret under seal,
                and does not does not disclose the trade secret except as permitted under a court order. Nothing in this Agreement prohibits a disclosure of trade secrets or other Confidential Information that complies with limitations described above.&#160;
                However, in order for a disclosure to be permitted and protected under this provision, it must be made in strict accordance with limitations described above.</font></div>
          </td>
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    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z110c7b240c4e4e31b9b995edaa95d63a" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">d.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">You agree that neither you nor anyone acting at your direction shall at any time denigrate, through adverse or disparaging communication, written or oral, whether true or not,
              the operations or business of the Company or its current or former employees, including, without limitation, the expression of personal views, opinions or judgments.&#160; Further, following the Separation Date, you shall refrain from making any
              statement, communication or publication that disseminates or publicizes confidential information about, places in a false light, defames, disparages or holds up to ridicule the Company or its past or present officers, management or
              employees.&#160; The Company agrees that nobody shall act at the Company&#8217;s specific direction to denigrate you, through adverse or disparaging communication, written or oral, including, without limitation, the expression of personal views,
              opinions or judgments, or place you in a false light, defame, disparage or hold you up to ridicule.</div>
          </td>
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        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">13</font></div>
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    <table cellspacing="0" cellpadding="0" id="zf104ea13d55d4f1b9c1967e3afe29a7f" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">e.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="font-family: 'Times New Roman';">The provisions of this paragraph shall not apply to any truthful statement required to be made by you only as a result of a subpoena or other legal compulsion in any court proceeding of government or
              regulatory investigation.&#160; You further agree to notify <font style="font-family: 'Times New Roman'; font-weight: bold;">in writing</font> the Company&#8217;s Office of the General Counsel at 3001 Summer Street, Stamford, CT 06905, or facsimile
              number 203-351-6167 within three (3) working days of your receiving any such legal process, which refers to the Company.</div>
          </td>
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    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="za810f7af5e34464099026ce49626b2b2" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">f.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">You further acknowledge that your breach of the Agreement will result in irreparable and continuing damage to the Company for which monetary damages would be an inadequate
              remedy.&#160; In the event of any such breach or threatened breach by you, the Company shall be entitled to insist upon specific performance of this Agreement, and the Company shall be entitled to preliminary and permanent injunctive relief.</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zccd4d119c9b547f68436cc649d4994ee" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">g.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Separately, if you should violate any of the provisions of this Agreement, particularly your Post-Employment Obligations, the Company shall have the right, as allowed by law, to
              terminate any additional compensation, benefit subsidization, outplacement assistance and bonus consideration that is conditioned on you signing this Agreement. The Company shall also be entitled to, as allowed by law, disgorgement of any
              payments made to you while you were in violation of your Post-Employment Obligations.</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z1e6290c23a0946a680a3e99cb18c32d6" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">15.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>ENFORCEABILITY:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">If one or more provisions or terms of this Agreement shall be ruled unenforceable, you understand that the Company may elect to enforce this Agreement
      or cancel it.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z312471b082e447969d58b1250cef6d0d" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">16.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>MATERIAL BREACH:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">The Company at any time during the period of this Agreement, at its sole discretion, reserves the right to cancel any additional pay, benefits or
      additional considerations beyond statutory mandates, if it is discovered that you have willfully failed to comply with any material provisions of this Agreement.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z9c55dd62aee546599707c498e2d1de8a" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">17.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>TAXATION:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable under this Agreement all federal, state, local
      and foreign taxes that are required to be withheld by applicable laws and regulations.&#160; Notwithstanding anything to the contrary, the Company does not guarantee the tax treatment of any payments and benefits under this Agreement, including without
      limitation pursuant to the Internal Revenue Code (&#8220;Code&#8221;) or any other applicable federal, state or local law and any guidance issued thereunder.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="width: 100%;" class="BRPFPageFooter">
        <div style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant: normal; text-transform: none;">
          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">14</font></div>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" id="za772d2ccf37b455ba0ad712fc68fc06d" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="font-size: 10pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">18.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: #000000; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Section 409A</u>.&#160; </font><font style="font-size: 10pt;">Notwithstanding any
                provision of this Agreement to the contrary, all provisions of this Agreement are intended to comply with Section 409A of the Internal Revenue Code of 1986 (the &#8220;<font style="font-family: 'Times New Roman'; font-style: italic;">Code</font>&#8221;),

                and the applicable Treasury regulations and administrative guidance issued thereunder (collectively, &#8220;<font style="font-family: 'Times New Roman'; font-style: italic;">Section 409A</font>&#8221;) or an exemption therefrom and shall be construed
                and administered in accordance with such intent. For purposes of Section 409A, each installment payment provided under this Agreement shall be treated as a separate payment. Notwithstanding the foregoing, the Company makes no
                representations that the payment(s) and benefits provided under this Agreement comply with or are exempt from the requirements of Section 409A and in no event shall the Company or any other Company party be liable for all or any portion of
                any taxes, penalties, interest, or other expenses that may be incurred by you on account of non-compliance with Section 409A. Any payments under this Agreement that may be excluded from Section 409A either as separation pay due to an
                involuntary separation from service or as a short-term deferral shall be excluded from Section 409A to the maximum extent possible.</font></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;">&#160;</div>
    <table cellspacing="0" cellpadding="0" id="zb7bc5cd06efa440db8e45488ff67e065" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">19.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>TIME TO CONSIDER AGREEMENT AND EFFECTIVE DATE:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zc98df56ca67243e4a4e8c7e8e3d9e21c" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">a.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman';">Acceptance:</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">Please review this Agreement carefully with the person of your choice, including an attorney, before signing it.&#160; You have twenty-one (21) days from
      the original date on this Agreement to consider this Agreement.&#160; Changes made to this Agreement after the original date on this Agreement, whether material or immaterial, do not restart this consideration period.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z61e0468bce9f4d6890c9aa0567599cce" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">b.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman';">Revocation:</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">After signing this Agreement<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">, you still have seven (7) calendar days to revoke this
        Agreement by written notice to the Company (the &#8220;Revocation Period&#8221;).&#160; If you choose to revoke this Agreement, your written notice of revocation must be received by the Company by 9:00 a.m. on the eighth (8</font><sup style="color: #000000; vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">) calendar</font><font style="font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">&#160;</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">day after
        you sign this Agreement.&#160; You may fax your notice of revocation to </font><font style="font-family: 'Times New Roman'; font-style: italic; color: rgb(0, 0, 0);">Pitney Bowes Business Operations at </font><font style="font-family: 'Times New Roman'; font-style: italic;">518-285-7671</font><font style="font-family: 'Times New Roman'; font-style: italic; color: rgb(0, 0, 0);">&#160;</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">or email it to</font><font style="font-family: 'Times New Roman'; font-style: italic; color: rgb(0, 0, 0);">&#160;</font><u><font style="font-family: 'Times New Roman'; font-style: italic;">severance.administration@pb.com</font></u><font style="font-family: 'Times New Roman'; font-style: italic; color: rgb(0, 0, 0);">.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; margin-left: 54pt; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">If you revoke your Agreement, the terms of this<font style="font-family: 'Times New Roman'; font-style: italic;">&#160;</font>Agreement
      shall become null and void.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z1274dacfb3bb4a5992d193bfe52c6805" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">c.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Effective Date:</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 54pt; font-family: 'Times New Roman'; font-size: 10pt;">If you do not timely revoke it, this Agreement shall become effective automatically upon the expiration of the Revocation Period (the &#8220;Effective
      Date&#8221;), which is the eighth (8<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>) calendar day after it is executed.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="width: 100%;" class="BRPFPageFooter">
        <div style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant: normal; text-transform: none;">
          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">15</font></div>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" id="z1322be3f4b794516b085b109cc587024" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="font-size: 10pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">20.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>NO ORAL RELIANCE OR UNILATERAL MODIFICATION:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">You agree that you have relied only on the terms set forth in this Agreement and not on any representation or statement made by a Company employee,
      agent or representative, in accepting this Agreement.&#160; The Agreement will <font style="font-family: 'Times New Roman';"><u>not</u></font> be effective or accepted if modified by you unilaterally without the consent and agreement of the Company.&#160;
      This Agreement may be modified or changed only if in writing signed by you and the Company or its successors in interest.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z98ce98b5b40b4293b114423274f01920" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">21.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>NO ADMISSION:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">This Agreement does not constitute an admission by the Company of any liability whatsoever, or as an admission by the Company of any violation of your
      rights, or violation of any order, law, statute, duty, or contract liability to you on the part of the Company, its employees or agents or related companies or their employees or agents.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z20f7005b5d78417394cc28d8b6c54ce2" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">22.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>RESIGNATION OF POSITION:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">This Agreement, once signed by you, shall also serve as a resignation by you of all positions, titles and boards that you held as a direct consequence
      of your employment with the Company effective on your Last Day of Work, unless specifically stated otherwise in this Agreement or in a separate writing contemporaneous or subsequent to the execution of this Agreement. The Company may request, and you
      agree, to execute a resignation with an earlier resignation date as the case may be.</div>
    <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font><font style="font-size: 10pt;"><br>
      </font></div>
    <table cellspacing="0" cellpadding="0" id="zead4883279844beb8dfef7fe52877de6" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">23.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>ATTORNEYS&#8217; FEES:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">The Company agrees to reimburse you up to $10,000 for reasonable attorneys'&#160; fees incurred by you relating to the negotiation and documentation of
      this Agreement and any related agreements.&#160; The Company will report such reimbursement to federal and state tax authorities on an IRS Form 1099 for both you and Vedder Price, and you agree to provide the Company with a completed W-9 Form for both you
      and Vedder Price with your execution of this Agreement.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z37a7ae0e932c437786f5d4c0c978731b" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">24.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>STATE LAW:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">This Agreement will be governed by and construed and interpreted in accordance with the laws of the State of Connecticut without regard to principles
      of conflicts of law. You specifically consent to the exclusive jurisdiction and venue in the state and federal courts of Connecticut.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="width: 100%;" class="BRPFPageFooter">
        <div style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant: normal; text-transform: none;">
          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">16</font></div>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" id="z9e0f40f5b4bc443382e2a121de70d077" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="font-size: 10pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">25.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>COMPANY NOT PROHIBITED FROM AMENDING ITS PLANS:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">Nothing contained herein shall prohibit or be deemed to prohibit the Company from amending, modifying or terminating its employee benefits plans or
      policies in the ordinary course of business even as those plans and policies may impact you.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z826597c81b8845f0bbd570fd50fc03fd" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">26.</td>
          <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;"><u>ACKNOWLEDGMENTS:</u></div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; margin-left: 36pt;">You acknowledge that you: (a) have carefully read this Agreement in its entirety;<font style="font-family: 'Times New Roman';">&#160;</font>(b) have been
      advised by this writing to consult with counsel of your own choosing on all issues relating to this Agreement; (c) have had the opportunity to consider the terms of this Agreement for at least <font style="font-family: 'Times New Roman'; font-weight: bold;">21 </font>calendar days; (d) are and have been advised by the Company, in this writing, to consult with an attorney of your choice before signing this Agreement; (e) fully understand the significance of all of the terms and
      conditions of this Agreement, have no physical or mental impairment of any kind that has interfered with your ability to read and understand the meaning of this Agreement or its terms, and have discussed them with an attorney of your choice, or have
      had a reasonable opportunity to do so;&#160; and (f) are signing this Agreement voluntarily and of your own free will and agree to abide by all of the terms and conditions contained herein.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Very truly yours,</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">PITNEY BOWES INC.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; font-size: 10pt;"><img height="33" width="168" src="image1.jpg"></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Lauren Freeman-Bosworth</div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Executive Vice President, General Counsel and Corporate Secretary</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">/vra:</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Attachments</div>
    <div style="font-size: 10pt;"><br>
    </div>
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">17</font></div>
      </div>
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    <div style="font-size: 10pt;">
      <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 60%; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;" id="z4715542e3490491cb0d88161e049741f">

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              <div>
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SEPARATION AGREEMENT AND GENERAL RELEASE</div>
                <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">PITNEY BOWES INC.</div>
              </div>
            </td>
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    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">I have read this Separation Agreement and General Release I understand all of its terms.&#160; I enter into and sign this AGREEMENT knowingly and voluntarily, with full
      knowledge of what it means.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" id="zd375152375e0424181f49745023d6dae" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

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          <td style="width: 60%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
          <td style="width: 40%; vertical-align: top; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);">/s/ James Arthur Fairweather </td>
        </tr>
        <tr>
          <td style="width: 60%; vertical-align: top; font-size: 10pt;">&#160;</td>
          <td style="width: 40%; vertical-align: top; font-size: 10pt;">
            <div style="text-align: left; font-family: 'Times New Roman';">James Arthur Fairweather</div>
          </td>
        </tr>
        <tr>
          <td style="width: 60%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
          <td style="width: 40%; vertical-align: top; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0); text-align: left;">
            <div style="margin-left: 9pt">
              <div style="margin-left: 9pt">8.7.24<br>
              </div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 60%; vertical-align: top; font-size: 10pt;"><br>
          </td>
          <td style="width: 40%; vertical-align: top; font-size: 10pt;">
            <div style="text-align: left; font-family: 'Times New Roman';">Date</div>
          </td>
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">18</font></div>
      </div>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">UPDATED WAIVER AND RELEASE</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">DO NOT SIGN THIS UPDATED WAIVER AND RELEASE UNTIL ON OR AFTER YOUR LAST DAY OF WORK</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zac29774166244beab600b8d7e9c720f8" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">a.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">By signing this Updated Waiver and Release, you agree that in exchange for the payments and other
                benefits and consideration contained in the Separation Agreement and General Release delivered to you on July 23, 2024 (the &#8220;Agreement&#8221;) to which you are not otherwise entitled, you, on behalf of your heirs, executors, administrators,
                trustees, legal representatives and assigns, forever release and discharge Pitney Bowes Inc. (&#8220;the Company&#8221;) and/or its parent, subsidiaries, affiliates, divisions, related business entities, and with respect to each of them, their
                predecessors, successors, an</font><font style="font-size: 10pt;">d assigns, employee benefit plans or funds, and with respect to each such entity, all of its or their past, present and/or future directors, officers, attorneys, fiduciaries,
                representatives, shareholders, agents, employees, heirs, personal representatives, benefit plans, trustees, administrators and assigns, whether acting on behalf of a company entity or in their individual capacities (collectively the
                &#8220;Company Entities&#8221;) <font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">from any and all claims, actions, suits, demands, obligations, losses, liabilities, debts, obligations for damages (including but not limited to
                  compensatory, exemplary and punitive damages), expenses, back pay, reinstatement, attorneys&#8217; fees and costs whether known or unknown, against any of the Company Entities, arising up to and including the date you sign this Updated Waiver
                  and Release, including but not limited to claims arising under Title VII of the Civil Rights Act of 1964; the Civil Rights Act of 1991; the Equal Pay Act of 1963;</font><font style="font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">&#160;</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">the Age Discrimination in Employment Act of 1967; the Older Workers Benefit Protection Act of 1990; the Americans With Disabilities Act of
                  1990; the ADA Amendments Act; the Employee Retirement Income Security Act of 1974; the Worker Adjustment and Retraining Notification Act of 1988; the National Labor Relations Act; 42 U.S.C. 1981; </font>the Family and Medical Leave Act
                of 1993;<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> the Connecticut Fair Employment Practices Act; the Connecticut Family and Medical Leave Law; the Connecticut Age Discrimination and Employee Insurance Benefits Law;
                  the Connecticut Smokers&#8217; Rights Law;&#160; and any and all other claims arising under or out of any other federal, state, or local statute, law, constitution, ordinance or regulation or any other claims sounding in tort or contract, including
                  but not limited to claims relating to express or implied contracts, public policy, negligence, personal injury, emotional distress, invasion of privacy, detrimental reliance, promissory estoppel, common law claims or any other claims
                  arising out of or relating to your employment with </font>the Company<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">. Specifically, and without limitation, you waive any rights that you may have under the Pitney Bowes
                  Incentive Program and the Key Incentive Program and agree that no additional cash incentives or payments are owed to you, except as provided herein.</font></font></div>
          </td>
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
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      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">19</font></div>
      </div>
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    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" id="z30073ea3513d4d2d9436f426e767c0c7" class="DSPFListTable">

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            <td style="width: 36pt;">&#160;</td>
            <td style="text-align: right; vertical-align: top; width: 18pt;">
              <div style="text-align: justify; text-indent: -18pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">b.</div>
            </td>
            <td style="text-align: left; vertical-align: top; width: auto;">
              <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">Without detracting in any respect from any other provision of this Updated Waiver and Release, you, in consideration of the payments and benefits provided to
                you in the Agreement, agree and acknowledge that this Updated Waiver and Release constitutes a knowing and voluntary waiver of all rights or claims you have or may have against the Company Entities as set forth herein, including, but not
                limited to, all rights or claims arising under the Age Discrimination in Employment Act of 1967 (&#8220;ADEA&#8221;), as amended, including, but not limited to, all claims of age discrimination in employment and all claims of retaliation in violation
                of the ADEA.</div>
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    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z5255f557317346218965f9d56e4ba6c2" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">c.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">To the fullest extent of the law and subject to the provisions of paragraph (d) below you
                represent and affirm that (i) you have not filed or caused to be filed, on your behalf, or are not aware of any lawsuit, complaint or claim for relief against any of the Company Entities,</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(255, 0, 0);">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">that you do not have a pending claim of unlawful discrimination, harassment, sexual harassment, abuse,
                assault, or other criminal conduct or retaliation, and you will not file or cause a filing on your behalf any lawsuit, complaint or claim for relief against any of the Company Entities; and (ii) you have no knowledge of any purported
                improper, unethical or illegal conduct or activities and have not reported any such conduct or activities to any supervisor, manager, department head, Human Resources representative, Corporate Compliance representative, agent or other
                representative of the Company, to any member of the Company&#8217;s legal or compliance departments, to PB Resolve, or to the Ethics Hotline.&#160; </font><font style="font-size: 10pt;">You will be deemed to have sued the Company Entities if you
                elect to participate in and/or accept any settlement from any class action filed against any of the Company Entities.</font></div>
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    <div style="font-size: 10pt;"><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" id="zf774defd568a4ec5a7e5bd521915dfbb" class="DSPFListTable">

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            <td style="width: 36pt;">&#160;</td>
            <td style="text-align: right; vertical-align: top; width: 18pt;">
              <div style="text-align: justify; text-indent: -18pt; margin-left: 18pt; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">d.</div>
            </td>
            <td style="text-align: left; vertical-align: top; width: auto;">
              <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">Nothing in this Updated Waiver and Release shall prohibit or restrict you from (i) making any disclosure of information required by law;
                (ii) providing information to, or testifying or otherwise assisting in any investigation or proceeding brought by any federal or state regulatory or law enforcement agency or legislative body, any self-regulatory organization, or the
                Company&#8217;s legal or compliance departments; or (iii) testifying, participating in or otherwise assisting in a proceeding relating to an alleged violation of the Sarbanes-Oxley Act or any federal, state or municipal law relating to fraud or
                any rule or regulation of the Securities and Exchange Commissioner, or any self-regulatory organization.</div>
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          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">20</font></div>
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    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><u>AFFIRMATIONS:</u></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">By signing this Updated Waiver and Release, you affirm as follows: (1)&#160;&#160; you have been paid for all hours worked, with the exception of hours worked within the pay
      period that includes the date you sign this Updated Waiver and Release and/or hours worked subsequent to the date you sign this Updated Waiver and Release, if you sign this Updated Waiver and Release before your receive your final active employee
      paycheck; (2)&#160; you are not owed any monies from the Company other than any amounts or payment specified in this Updated Waiver and Release, the Agreement, and/or the Benefits Upon Separation attachment; (3) you have not suffered any on-the-job
      personal injury for which you have not already filed a claim; (4) you have been allowed to take all leave and afforded all other rights to which you are entitled under the Family and Medical Leave Act (FMLA) and under any applicable state family and
      medical leave laws, which means, among other things, that the Company has not in any way interfered with, restrained or denied your exercise of (or attempt to exercise) any federal and/or state FMLA rights, nor terminated or otherwise discriminated
      or retaliated against you for exercising (or attempting to exercise) any such rights.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><u>TIME TO CONSIDER UPDATED WAIVER AND RELEASE AND EFFECTIVE DATE:</u></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z8ed4bc33e8ec401e9383df22d999a543" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">a.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="font-family: 'Times New Roman';">Acceptance:</div>
          </td>
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    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">Please review this Updated Waiver and Release carefully with the person of your choice, including an attorney, before signing it.&#160; You may not sign
      this Updated Waiver and Release until your Last Day of Work.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z2ec769d1f88048d198798a194c37603d" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">b.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="font-family: 'Times New Roman';">Revocation:</div>
          </td>
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    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">After signing this Updated Waiver and Release<font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">, you still have seven (7) calendar
        days to revoke the Updated Waiver and Release by written notice to the Company (the &#8220;Revocation Period&#8221;).&#160; If you choose to revoke this Updated Waiver and Release, your written notice of revocation must be received by the Company by 9:00 a.m. on
        the eighth (8</font><sup style="color: #000000; vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">) calendar day after you sign this Updated Waiver and Release.&#160; You may fax your notice of revocation to </font><font style="font-family: 'Times New Roman'; font-style: italic; color: rgb(0, 0, 0);">Pitney Bowes Business Operations at </font><font style="font-family: 'Times New Roman'; font-style: italic;">518-285-7671</font><font style="font-family: 'Times New Roman'; font-style: italic; color: rgb(0, 0, 0);">&#160;</font><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0);">or email it to</font><font style="font-family: 'Times New Roman'; font-style: italic; color: rgb(0, 0, 0);">&#160;</font><u><font style="font-family: 'Times New Roman'; font-style: italic;">severance.administration@pb.com</font></u><font style="font-family: 'Times New Roman'; font-style: italic; color: rgb(0, 0, 0);">.</font></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; margin-left: 18pt; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">If you revoke your Updated Waiver and Release, its terms shall become null and void.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z67833ff95c584041a4f1bbac50ee2885" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">c.</td>
          <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
            <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Effective Date:</div>
          </td>
        </tr>

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    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; text-indent: -2.4pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt;">&#160;If you do not timely revoke it, this Updated Waiver and Release shall become effective automatically upon the expiration of the
      Revocation Period (the &#8220;Effective Date&#8221;), which is the eight (8<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>) calendar day after it is executed.</div>
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      <div style="width: 100%;" class="BRPFPageHeader">
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">James Arthur Fairweather</div>
        <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">August 7, 2024</div>
        <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Page </font><font style="font-size: 10pt;">21</font></div>
      </div>
    </div>
    <div style="text-align: justify; text-indent: -18pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><u>NO ORAL RELIANCE OR UNILATERAL MODIFICATION:</u></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">You agree that you have relied only on the terms set forth in this Updated Waiver and Release and not on any representation or statement made by a Company employee,
      agent or representative, in accepting this Updated Waiver and Release.&#160; The Updated Waiver and Release will <font style="font-family: 'Times New Roman';"><u>not</u></font> be effective or accepted if modified by you unilaterally without the consent
      and agreement of the Company.&#160; This Updated Waiver and Release may be modified or changed only if in writing signed by you and the Company or its successors in interest.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; text-indent: -18pt; margin-left: 18pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><u>ACKNOWLEDGMENTS:</u></div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">You acknowledge that you: (a) have carefully read this Updated Waiver and Release in its entirety; (b) have had the opportunity to consider the terms of this Updated
      Waiver and Release for at least <font style="font-family: 'Times New Roman'; font-weight: bold;">21 </font>calendar days; (c) are and have been advised by the Company, in this writing, to consult with an attorney of your choice before signing this
      Updated Waiver and Release; (d) fully understand the significance of all of the terms and conditions of this Updated Waiver and Release and have discussed them with an attorney of your choice, or have had a reasonable opportunity to do so;&#160; and (e)
      are signing this Updated Waiver and Release voluntarily and of your own free will and agree to abide by all of the terms and conditions contained herein.</div>
    <div style="font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">DO NOT SIGN THIS UPDATED WAIVER AND RELEASE UNTIL ON OR AFTER YOUR LAST DAY OF WORK</div>
    <div style="font-size: 10pt;"><br>
    </div>
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        <tr>
          <td style="width: 60%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
          <td style="width: 40%; vertical-align: top; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);">/s/ James Arthur Fairweather </td>
        </tr>
        <tr>
          <td style="width: 60%; vertical-align: top; font-size: 10pt;">&#160;</td>
          <td style="width: 40%; vertical-align: top; font-size: 10pt;">
            <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman';">James Arthur Fairweather</div>
          </td>
        </tr>
        <tr>
          <td style="width: 60%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
          <td style="width: 40%; vertical-align: top; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);">August 7, 2024<br>
          </td>
        </tr>
        <tr>
          <td style="width: 60%; vertical-align: top; font-size: 10pt;">&#160;</td>
          <td style="width: 40%; vertical-align: top; font-size: 10pt;">
            <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Date</div>
          </td>
        </tr>

    </table>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font><font style="font-size: 10pt;"><br>
      </font></div>
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        <div style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant: normal; text-transform: none;">
          <div style="text-align: left;">Pitney Bowes - Confidential</div>
        </div>
      </div>
    </div>
    <div style="text-align: justify;">
      <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> </font></div>
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<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.1</font><br>
    </div>
    <div style="text-align: right;"><font style="font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: left;"><font style="font-weight: bold;"> </font> <br>
      <div>
        <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Pitney Bowes Announces Value-Maximizing Exit Path for Global Ecommerce Segment</div>
        <div><br>
        </div>
        <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 12pt; font-style: italic;">
          <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 12pt; font-style: italic;">Company Sells Controlling Interest in Global Ecommerce Entities to Hilco Commercial Industrial, Which Intends to Lead Orderly
            and Expeditious Wind-Down of Global Ecommerce Business</div>
        </div>
        <div><br>
        </div>
        <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt; font-style: italic;">Transaction Paves Way for Company to Eliminate ~$<font style="font-size: 12pt; font-family: 'Times New Roman';">136</font>
          Million in Annual Losses and Fully Focus on Core, Cash-Generating Businesses</div>
      </div>
      <div>
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">STAMFORD, Conn.<font style="font-size: 12pt; font-family: 'Times New Roman';">&#160;</font>August 8, 2024 &#8211; Pitney Bowes Inc. (NYSE: PBI) (&#8220;Pitney
          Bowes&#8221; or the &#8220;Company&#8221;), a global shipping and mailing company that provides technology, logistics and financial services, today announced that it has sold a controlling interest in the entities representing a substantial majority of the Global
          Ecommerce (&#8220;GEC&#8221;) segment (the &#8220;GEC Entities&#8221;) operating in the U.S. to Hilco Commercial Industrial, an affiliate of Hilco Global (&#8220;Hilco&#8221;), to support a value-maximizing liquidation of certain of the GEC Entities under the protection of Chapter
          11 of the U.S. Bankruptcy Code. This sale of the controlling interest occurred on August 8, 2024. Hilco is a recognized leader in helping companies maximize the value of their assets and has worked with numerous organizations to wind-down
          operations in an efficient, responsible manner.</div>
        <div><br>
        </div>
        <div style="text-align: justify; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Pitney Bowes&#8217; Board of Directors (the &#8220;Board&#8221;) conducted a comprehensive strategic review, with the assistance of independent legal and financial
          advisors, prior to ultimately determining that this exit path for GEC is in the best interests of both the Company&#8217;s shareholders and other stakeholders. Notably, the GEC segment had been struggling to achieve profitability over the past several
          years in the face of macroeconomic and industry headwinds. The Company expects this exit path to eliminate substantially all of the losses associated with GEC, which were equal to approximately $<font style="font-size: 10pt; font-family: 'Times New Roman';">136</font> million for the year ended December 31, 2023. Pitney Bowes is committed to ensuring that this process is as seamless as possible for GEC employees, customers, partners and vendors.</div>
        <div><br>
        </div>
        <div style="text-align: justify; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Lance Rosenzweig, Interim Chief Executive Officer and a member of the Board, commented:</div>
        <div><br>
        </div>
        <div style="text-align: justify; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">&#8220;When the Company announced our four strategic priorities in late May, we committed to working with speed and urgency to complete
          a comprehensive review of alternatives for GEC. We are pleased to have delivered on that commitment by concluding a productive review and identifying an exit path for GEC that provides for an orderly and efficient wind-down of the business, which
          will ultimately maximize value for Pitney Bowes shareholders. This path also gives us a clear runway to streamline the Company and increase profitability across our core, cash-generating businesses: SendTech, Presort and Financial Services. In
          conjunction with our cost reduction efforts and progress on cash optimization, exiting GEC will also allow Pitney Bowes to make substantial progress in deleveraging our balance sheet. With these steps, we will be well positioned to deliver
          stronger results in 2025 and pursue enhanced value for shareholders in the years to come.&#8221;</div>
        <div><br>
        </div>
        <div style="text-align: justify; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">The Company&#8217;s SendTech and Presort segments will continue to operate in the normal course, and customers, partners and vendors should not expect any
          impact. Additionally, the Pitney Bowes Bank will not be affected by the GEC exit and will also continue to conduct business in ordinary course.</div>
        <div><br>
        </div>
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        <div style="text-align: right;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">1</font></div>
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      <div>
        <div style="text-align: justify; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"><u>Overview of GEC Exit Path</u></div>
        <div><br>
        </div>
        <div style="text-align: justify; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Key details associated with the liquidation and wind-down, which were approved by Pitney Bowes&#8217; Board and GEC&#8217;s independent governing body, as
          applicable, are as follows:</div>
        <div><br>
        </div>
      </div>
      <div>
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              <td style="width: 18pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman'; font-size: 10pt;">Pitney Bowes has entered into amendments to the Company&#8217;s credit agreement and note purchase agreement to allow for the GEC exit without triggering any events of default for
                  Pitney Bowes and also release the guarantees and liens provided by the GEC Entities.</div>
              </td>
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              <td style="width: 18pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman'; font-size: 10pt;">Under Hilco's ownership, two of the GEC Entities today commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code.</div>
              </td>
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              <td style="width: 18pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman'; font-size: 10pt;">Pitney Bowes and GEC have signed a restructuring support agreement (&#8220;RSA&#8221;) to facilitate GEC&#8217;s smooth transition into Chapter 11. In accordance with the RSA, a subsidiary of
                  Pitney Bowes has committed to provide the GEC Entities, subject to court approval, an approximately $45 million in debtor-in-possession (&#8220;DIP&#8221;) financing in the form of a delayed draw term loan. This DIP financing will support the
                  efficient liquidation of the GEC Entities through the Chapter 11 cases.</div>
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              <td style="width: 18pt; vertical-align: top; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman'; font-size: 10pt;">Pitney Bowes anticipates that it will incur one-time cash costs not to exceed approximately $150 million in connection with the GEC exit.</div>
              </td>
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              <td style="width: 18pt;"><br>
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              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman'; font-size: 10pt;">The parties expect that the wind-down process, which will require certain approvals from the bankruptcy court, will conclude in early 2025.</div>
              </td>
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      </div>
      <div>
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Additional information is available at </font><a name="z_Hlk55306468"></a><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>www.DRF-Updates.com</u> and <u>https://cases.stretto.com/DRFLogistics</u>.</font></div>
      </div>
      <div>
        <div><br>
        </div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"><u>Advisors</u></div>
        <div><br>
        </div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">
          <div style="text-align: justify; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">BRG is acting as restructuring advisor, Vinson &amp; Elkins LLP is acting as legal advisor and Longacre Square Partners LLC is acting as strategic
            and communications advisor to Pitney Bowes. Weil, Gotshal &amp; Manges LLP is acting as legal advisor, Portage Point Partners is acting as financial advisor, and Hilco Commercial Industrial and its affiliates are acting as wind-down consultants
            to the GEC subsidiaries.</div>
        </div>
        <div><br>
        </div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">About Pitney Bowes</div>
        <div><br>
        </div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Pitney Bowes (NYSE: PBI) is a global shipping and mailing company that provides technology, logistics
            and financial services to more than 90 percent of the Fortune 500. Small business, retail, enterprise and government clients around the world rely on Pitney Bowes to remove the complexity of sending mail and parcels. For additional information,
            visit: <u>www.pitneybowes.com</u></font></div>
      </div>
      <div>
        <div><br>
        </div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Contacts</div>
        <div><br>
        </div>
        <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Chapter 11 Claims Agent</u></font>:</div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Stretto</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><u>DRFInquiries@stretto.com</u></div>
      </div>
      <div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Toll-Free Case Hotline Number: (855) 314-0664</div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">International Case Hotline Number: (714) 716-1968</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><a name="z_Hlk173504562"></a><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>https://cases.stretto.com/DRFLogistics</u></font></div>
      </div>
      <div>
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Media Inquiries</u></font>:</div>
        <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Longacre Square Partners</div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Joe Germani / Jessica McDougall</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>jgermani@longacresquare.com</u> / <u>jmcdougall@longacresquare.com</u></font></div>
      </div>
      <div>
        <div><br>
        </div>
        <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Investor Relations</u></font>:</div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Alex Brown, (203) 351-7639</div>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><u>investorrelations@pb.com</u></div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;"><u> </u></div>
        <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">
          <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <br>
          </div>
          <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Forward-Looking Statements</div>
          <div>&#160;</div>
          <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">This document contains &#8220;forward-looking statements&#8221; about the Company's expected or potential future business and financial performance. Forward-looking statements
            include, but are not limited to, statements about future revenue and earnings guidance, future events or conditions, and expected cost savings, elimination of future losses, and anticipated deleveraging in connection with Pitney Bowes'
            announced strategic initiatives. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from those projected. Factors which could cause future
            financial performance to differ materially from expectations include, without limitation, declining physical mail volumes; changes in postal regulations or the operations and financial health of posts in the U.S. or other major markets or
            changes to the broader postal or shipping markets; the potential adverse effects of the GEC exit and wind-down and related transactions on the Company's operations, management and employees and the risks associated with operating the business
            during the restructuring process and exit from the GEC business; risks and uncertainties associated with the GEC exit and wind-down and related transactions, including the ability to achieve the anticipated benefits therefrom; the ability to
            successfully implement the Company's 2024 worldwide cost reduction initiative, the Company's cost rationalization and optimization initiatives and to achieve expected cost reductions and improved efficiencies in connection therewith; the loss
            of some of Pitney Bowes' larger clients in the Presort Services segments; the loss of, or significant changes to, United States Postal Service (USPS) commercial programs, or the Company's contractual relationships with the USPS or their
            performance under those contracts; the impacts of higher interest rates and the potential for future interest rate increases on Pitney Bowes' cost of debt; and other factors as more fully outlined in the Company's 2023 Form 10-K Annual Report
            and other reports filed with the Securities and Exchange Commission during 2024. Pitney Bowes assumes no obligation to update any forward-looking statements contained in this document as a result of new information, events or developments.</div>
        </div>
      </div>
      <div><u> <br>
        </u> </div>
    </div>
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<DOCUMENT>
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  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" />
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockMember" xlink:label="CommonStockMember" xlink:title="CommonStockMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CommonStockMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CommonStockMember" xml:lang="en-US" id="us-gaap_CommonStockMember">Common Stock [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommonStockMember" xlink:to="us-gaap_CommonStockMember" xlink:title="label: CommonStockMember to us-gaap_CommonStockMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ClassOfStockDomain" xlink:label="ClassOfStockDomain" xlink:title="ClassOfStockDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ClassOfStockDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ClassOfStockDomain" xml:lang="en-US" id="us-gaap_ClassOfStockDomain">Class of Stock [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassOfStockDomain" xlink:to="us-gaap_ClassOfStockDomain" xlink:title="label: ClassOfStockDomain to us-gaap_ClassOfStockDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="StatementClassOfStockAxis" xlink:title="StatementClassOfStockAxis" />
    <link:label xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_StatementClassOfStockAxis" xml:lang="en-US" id="us-gaap_StatementClassOfStockAxis">Class of Stock [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementClassOfStockAxis" xlink:to="us-gaap_StatementClassOfStockAxis" xlink:title="label: StatementClassOfStockAxis to us-gaap_StatementClassOfStockAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CoverAbstract" xlink:label="CoverAbstract" xlink:title="CoverAbstract" />
    <link:label xlink:type="resource" xlink:label="dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_CoverAbstract" xml:lang="en-US" id="dei_CoverAbstract">Cover [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CoverAbstract" xlink:to="dei_CoverAbstract" xlink:title="label: CoverAbstract to dei_CoverAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:label="DocumentType" xlink:title="DocumentType" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentType" xml:lang="en-US" id="dei_DocumentType">Document Type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentType" xlink:to="dei_DocumentType" xlink:title="label: DocumentType to dei_DocumentType" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications" xlink:label="WrittenCommunications" xlink:title="WrittenCommunications" />
    <link:label xlink:type="resource" xlink:label="dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_WrittenCommunications" xml:lang="en-US" id="dei_WrittenCommunications">Written Communications</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenCommunications" xlink:to="dei_WrittenCommunications" xlink:title="label: WrittenCommunications to dei_WrittenCommunications" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial" xlink:label="SolicitingMaterial" xlink:title="SolicitingMaterial" />
    <link:label xlink:type="resource" xlink:label="dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_SolicitingMaterial" xml:lang="en-US" id="dei_SolicitingMaterial">Soliciting Material</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolicitingMaterial" xlink:to="dei_SolicitingMaterial" xlink:title="label: SolicitingMaterial to dei_SolicitingMaterial" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer" xlink:label="PreCommencementTenderOffer" xlink:title="PreCommencementTenderOffer" />
    <link:label xlink:type="resource" xlink:label="dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_PreCommencementTenderOffer" xml:lang="en-US" id="dei_PreCommencementTenderOffer">Pre-commencement Tender Offer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer" xlink:title="label: PreCommencementTenderOffer to dei_PreCommencementTenderOffer" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="PreCommencementIssuerTenderOffer" xlink:title="PreCommencementIssuerTenderOffer" />
    <link:label xlink:type="resource" xlink:label="dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_PreCommencementIssuerTenderOffer" xml:lang="en-US" id="dei_PreCommencementIssuerTenderOffer">Pre-commencement Issuer Tender Offer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer" xlink:title="label: PreCommencementIssuerTenderOffer to dei_PreCommencementIssuerTenderOffer" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:label="AmendmentFlag" xlink:title="AmendmentFlag" />
    <link:label xlink:type="resource" xlink:label="dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_AmendmentFlag" xml:lang="en-US" id="dei_AmendmentFlag">Amendment Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmendmentFlag" xlink:to="dei_AmendmentFlag" xlink:title="label: AmendmentFlag to dei_AmendmentFlag" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalYearFocus" xlink:label="DocumentFiscalYearFocus" xlink:title="DocumentFiscalYearFocus" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentFiscalYearFocus" xml:lang="en-US" id="dei_DocumentFiscalYearFocus">Document Fiscal Year Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus" xlink:title="label: DocumentFiscalYearFocus to dei_DocumentFiscalYearFocus" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="DocumentFiscalPeriodFocus" xlink:title="DocumentFiscalPeriodFocus" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentFiscalPeriodFocus" xml:lang="en-US" id="dei_DocumentFiscalPeriodFocus">Document Fiscal Period Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus" xlink:title="label: DocumentFiscalPeriodFocus to dei_DocumentFiscalPeriodFocus" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:label="DocumentPeriodEndDate" xlink:title="DocumentPeriodEndDate" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentPeriodEndDate" xml:lang="en-US" id="dei_DocumentPeriodEndDate">Document Period End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate" xlink:title="label: DocumentPeriodEndDate to dei_DocumentPeriodEndDate" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:label="EntityRegistrantName" xlink:title="EntityRegistrantName" />
    <link:label xlink:type="resource" xlink:label="dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityRegistrantName" xml:lang="en-US" id="dei_EntityRegistrantName">Entity Registrant Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityRegistrantName" xlink:to="dei_EntityRegistrantName" xlink:title="label: EntityRegistrantName to dei_EntityRegistrantName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" xlink:title="EntityCentralIndexKey" />
    <link:label xlink:type="resource" xlink:label="dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityCentralIndexKey" xml:lang="en-US" id="dei_EntityCentralIndexKey">Entity Central Index Key</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey" xlink:title="label: EntityCentralIndexKey to dei_EntityCentralIndexKey" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:label="EntityFileNumber" xlink:title="EntityFileNumber" />
    <link:label xlink:type="resource" xlink:label="dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityFileNumber" xml:lang="en-US" id="dei_EntityFileNumber">Entity File Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityFileNumber" xlink:to="dei_EntityFileNumber" xlink:title="label: EntityFileNumber to dei_EntityFileNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:label="EntityTaxIdentificationNumber" xlink:title="EntityTaxIdentificationNumber" />
    <link:label xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityTaxIdentificationNumber" xml:lang="en-US" id="dei_EntityTaxIdentificationNumber">Entity Tax Identification Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber" xlink:title="label: EntityTaxIdentificationNumber to dei_EntityTaxIdentificationNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="EntityIncorporationStateCountryCode" xlink:title="EntityIncorporationStateCountryCode" />
    <link:label xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityIncorporationStateCountryCode" xml:lang="en-US" id="dei_EntityIncorporationStateCountryCode">Entity Incorporation, State or Country Code</link:label>
    <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>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3" xlink:title="label: EntityAddressAddressLine3 to dei_EntityAddressAddressLine3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:label="EntityAddressCityOrTown" xlink:title="EntityAddressCityOrTown" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressCityOrTown" xml:lang="en-US" id="dei_EntityAddressCityOrTown">Entity Address, City or Town</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown" xlink:title="label: EntityAddressCityOrTown to dei_EntityAddressCityOrTown" />
    <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>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince" xlink:title="label: EntityAddressStateOrProvince to dei_EntityAddressStateOrProvince" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry" xlink:label="EntityAddressCountry" xlink:title="EntityAddressCountry" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressCountry" xml:lang="en-US" id="dei_EntityAddressCountry">Entity Address, Country</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressCountry" xlink:to="dei_EntityAddressCountry" xlink:title="label: EntityAddressCountry to dei_EntityAddressCountry" />
    <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>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode" xlink:title="label: EntityAddressPostalZipCode to dei_EntityAddressPostalZipCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="CityAreaCode" xlink:title="CityAreaCode" />
    <link:label xlink:type="resource" xlink:label="dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_CityAreaCode" xml:lang="en-US" id="dei_CityAreaCode">City Area Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CityAreaCode" xlink:to="dei_CityAreaCode" xlink:title="label: CityAreaCode to dei_CityAreaCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="LocalPhoneNumber" xlink:title="LocalPhoneNumber" />
    <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>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber" xlink:title="label: LocalPhoneNumber to dei_LocalPhoneNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityListingsTable" xlink:label="EntityListingsTable" xlink:title="EntityListingsTable" />
    <link:label xlink:type="resource" xlink:label="dei_EntityListingsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityListingsTable" xml:lang="en-US" id="dei_EntityListingsTable">Entity Listings [Table]</link:label>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>12
<FILENAME>pbi-20240808_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.24.2.u1</span><table class="report" border="0" cellspacing="2" id="idm140020209387424">
<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>Aug. 08, 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_EntityListingsLineItems', window );"><strong>Entity Listings [Line Items]</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">Aug.  08,  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">1-3579<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">Pitney Bowes 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">0000078814<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">06-0495050<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">3001 Summer Street<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Stamford<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CT<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">06926<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">203<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">356-5000<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>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember', window );">Common Stock [Member]</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_EntityListingsLineItems', window );"><strong>Entity Listings [Line Items]</strong></a></td>
<td class="text">&#160;<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, $1 par value 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">PBI<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">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=pbi_Six70NotesDue2043Member', window );">6.70% Notes due 2043 [Member]</a></td>
<td class="text">&#160;<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_EntityListingsLineItems', window );"><strong>Entity Listings [Line Items]</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_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">6.70% Notes due 2043<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">PBI.PRB<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</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_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_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_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_EntityListingsLineItems">
<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>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</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_EntityListingsLineItems</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:stringItemType</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>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
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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>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_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>
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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>xbrli:booleanItemType</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 border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td>dei:securityTitleItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
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<td>dei_</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -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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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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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>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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