<SEC-DOCUMENT>0001104659-22-013940.txt : 20220208
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<ACCEPTANCE-DATETIME>20220208171622
ACCESSION NUMBER:		0001104659-22-013940
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20220204
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20220208
DATE AS OF CHANGE:		20220208

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DiamondRock Hospitality Co
		CENTRAL INDEX KEY:			0001298946
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32514
		FILM NUMBER:		22602764

	BUSINESS ADDRESS:	
		STREET 1:		2 BETHESDA METRO CENTER
		STREET 2:		SUITE 1400
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
		BUSINESS PHONE:		240-744-1150

	MAIL ADDRESS:	
		STREET 1:		2 BETHESDA METRO CENTER
		STREET 2:		SUITE 1400
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
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<p style="margin: 0">&#160;</p>

<p style="margin: 0"></p>

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Washington, D.C. 20549</b></p>

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

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>FORM <span id="xdx_90D_edei--DocumentType_c20220204__20220204_zQyGwuFZaK2g"><ix:nonNumeric contextRef="From2022-02-04to2022-02-04" name="dei:DocumentType">8-K</ix:nonNumeric></span> </b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT PURSUANT TO</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SECTION 13 OR 15(d) OF THE</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SECURITIES EXCHANGE ACT OF 1934</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Date of Report (Date of earliest event reported):</b></p>

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

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

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

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

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(Address of Principal Executive Offices) (Zip
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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 (<i>see</i> General Instruction
A.2. below):</p>

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

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

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

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    <td style="width: 94%; font-size: 10pt"><span style="font-size: 10pt">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

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

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 22.5pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 22.5pt">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; text-indent: 22.5pt">Emerging growth company&#160;&#160;<span style="font-family: Wingdings"><span id="xdx_90A_edei--EntityEmergingGrowthCompany_c20220204__20220204_zpwnWikb6I7g"><ix:nonNumeric contextRef="From2022-02-04to2022-02-04" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#168;</ix:nonNumeric></span></span><span style="font-family: Times New Roman, Times, Serif"></span></p>

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




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 22.5pt">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.&#160;&#160;&#160;&#160; &#160;<span style="font-family: Times New Roman, Times, Serif"><span style="font-family: Wingdings">&#168;</span></span></p>

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

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

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

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

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 1.01</b></td><td><b>Entry into a Material Definitive Agreement.</b></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On February 4, 2022, DiamondRock Hospitality Company (the &#8220;Company&#8221;),
as parent guarantor, DiamondRock Hospitality Limited Partnership, as borrower, and certain subsidiaries of the Company, as guarantors,
entered into a Fourth Amendment (the &#8220;Fourth Amendment&#8221;) to the Fifth Amended and Restated Credit Agreement dated as of July
25, 2019, with Wells Fargo Bank, National Association, as administrative agent, and certain other lenders named therein (the &#8220;Credit
Agreement&#8221;, and as amended by the First Amendment, dated as of June 9, 2020, the Second Amendment, dated as of August 14, 2020,
the Third Amendment dated as of January 20, 2021, and the Fourth Amendment, the &#8220;Amended Credit Agreement&#8221;).</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Fourth Amendment extends the existing waiver of the quarterly-tested
financial covenants through March 31, 2022, unless the Company elects to terminate the waiver on an earlier date (the &#8220;Covenant
Relief Period&#8221;).</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Following the end of the Covenant Relief Period, the Fourth Amendment
modifies certain financial covenants until July 1, 2023, unless the Company elects to terminate the period on an earlier date (the &#8220;Ratio
Adjustment Period&#8221;), as follows:</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">&#8226;</td><td style="text-align: justify">Fixed Charge Coverage Ratio may not be less than 1.00 to 1.00 for the first testing period of the Ratio Adjustment Period, 1.20 to
1.00 for the second testing period of the Ratio Adjustment Period, 1.40 to 1.00 for the third testing period of the Ratio Adjustment Period
and 1.50 to 1.00 thereafter.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">&#8226;</td><td>Maximum Leverage Ratio is increased from 60% to 65%;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif">&#8226;</span></td><td><span style="font-size: 10pt">Unencumbered Leverage Ratio is increased from 60% to 65%; and</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif">&#8226;</span></td><td><span style="font-size: 10pt">Unencumbered Implied Debt Service Coverage Ratio may not be less than 1.00 to 1.00.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">During the Covenant Relief Period and until the date the Company has
demonstrated compliance with the financial covenants for the fiscal quarter following the end of the Covenant Relief Period, the Fourth
Amendment allows for acquisitions of unencumbered hotels, subject to a $550 million limitation, so long as certain financial conditions
are met.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As of February 4, 2022, $160.0 million of borrowings were outstanding
under the revolving credit facility and $350.0 million of term loans were outstanding under the Amended Credit Agreement.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The foregoing description of the Fourth Amendment is qualified in its
entirety by the full terms and conditions of the Fourth Amendment which is filed as Exhibit 10.1 to this Current Report on Form 8-K and
incorporated herein by reference.</p>

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

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

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 2.03</b></td><td><b>Creation Of A Direct Financial Obligation Or An Obligation Under An Off-Balance Sheet Arrangement Of A Registrant.</b></td></tr></table>

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




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The information set forth under Item 1.01 of this Current Report hereby
incorporated by reference into this Item 2.03.</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 8.01</b></td><td style="text-align: justify"><b>Other Events.</b></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On February 4, 2022, the Company entered into a Fifth Amendment to
the Term Loan Agreement dated as of October 18, 2018, which provides for a $50 million unsecured term loan due in October 2023, to conform
to the terms being amended in the Amended Credit Agreement, as further described in Item 1.01.</p>

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

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

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 9.01</b></td><td style="text-align: justify"><b>Financial Statements and Exhibits.</b></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(d) Exhibits.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The following exhibits are included with this
report:</p>

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

<table cellpadding="0" cellspacing="0" style="font-size: 10pt; border-collapse: collapse; width: 100%">
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  <tr style="font-size: 10pt; vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td>
    <td style="font-size: 10pt">&#160;</td>
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  <tr style="font-size: 10pt; vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif"><a href="tm225747d1_ex10-1.htm" style="-sec-extract: exhibit">10.1</a></td>
    <td style="font-size: 10pt">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif"><a href="tm225747d1_ex10-1.htm" style="-sec-extract: exhibit">Fourth Amendment to Fifth Amended and Restated Credit Agreement</a></td></tr>
  <tr style="font-size: 10pt; vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif">104</td>
    <td style="font-size: 10pt">&#160;</td>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

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




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

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

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

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

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

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  <tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
  <tr>
    <td style="vertical-align: top; width: 50%"><span style="font-size: 10pt">Dated: February 8, 2022</span></td>
    <td style="padding-left: 0.125in; vertical-align: bottom; text-align: left; width: 5%"><span style="font-size: 10pt">By:</span></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 45%"><span style="font-size: 10pt">/s/ Briony R. Quinn</span></td></tr>
  <tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td>&#160;</td>
    <td><span style="font-size: 10pt">Briony R. Quinn</span></td></tr>
  <tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td>&#160;</td>
    <td><span style="font-size: 10pt">Senior Vice President and Treasurer</span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 20.25pt 0pt 0">&#160;</p>



<p style="margin: 0"></p>

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<TYPE>EX-10.1
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<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<P STYLE="margin: 0"></P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Fourth
AMENDMENT TO </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">FIFTH AMENDED
and RESTATED CREDIT AGREEMENT </FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS <FONT STYLE="text-transform: uppercase">FOURTH
AMENDMENT TO FIFTH AMENDED and RESTATED CREDIT AGREEMENT</FONT> (this &#8220;<B>Amendment</B>&#8221;) dated as of February 4, 2022, by
and among DIAMONDROCK HOSPITALITY LIMITED PARTNERSHIP, a limited partnership formed under the laws of the State of Delaware (the &#8220;<B>Borrower</B>&#8221;),
DIAMONDROCK HOSPITALITY COMPANY, a corporation formed under the laws of the State of Maryland (the &#8220;<B>Parent</B>&#8221;), each
of the Lenders party hereto (collectively, &#8220;<B>Lenders</B>&#8221;) and <FONT STYLE="text-transform: uppercase">Wells Fargo Bank,
National Association</FONT>, as Administrative Agent (the &#8220;<B>Administrative Agent</B>&#8221;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the Borrower, the
Parent, the Lenders, the Administrative Agent and certain other parties have entered into that certain Fifth Amended and Restated Credit
Agreement dated as of July 25, 2019 (as amended by that certain First Amendment to Fifth Amended and Restated Credit Agreement dated as
of June 9, 2020, that certain Conditional Consent Letter dated as of August 14, 2020, that certain Second Amendment to Fifth Amended and
Restated Credit Agreement dated as of August 14, 2020, that certain Third Amendment and Consent to Fifth Amended and Restated Credit Agreement
dated as of January 20, 2021, that certain Conditional Consent Letter dated as of March 26, 2021, and as further amended and in effect
immediately prior to the effectiveness of this Amendment, the &#8220;<B>Credit Agreement</B>&#8221;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the parties hereto
desire to amend certain provisions of the Credit Agreement on the terms and conditions contained herein.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, for good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the parties hereto hereby
agree as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;1. <U>Specific
Amendments to Credit Agreement</U>. Effective as of February 4, 2022 (the &#8220;<B>Fourth Amendment Date&#8221;</B>) but subject to the
satisfaction of the conditions precedent set forth in Section 2 below, the parties hereto agree that the Credit Agreement is hereby amended
as set forth in the marked terms on <U>Annex I</U> attached hereto (the &#8220;<B>Amended Credit Agreement</B>&#8221;). In <U>Annex I</U>
hereto, deletions of text in the Amended Credit Agreement are indicated by struck-through text, and insertions of text are indicated by
double-underlined text. <U>Annex II</U> attached hereto sets forth a clean copy of the Amended Credit Agreement, after giving effect to
such amendments. As so amended, the Credit Agreement shall continue in full force and effect. Capitalized terms used herein and not otherwise
defined herein shall have the respective meanings given to them in the Amended Credit Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 2. <U>Conditions Precedent</U>.
The effectiveness of this Amendment, is subject to the satisfaction or waiver of the following conditions precedent:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Execution
of Amendment and Loan Documents</U>. Receipt by the Administrative Agent of counterparts of this Amendment duly executed by the Borrower,
Parent, the Lenders and the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantor Reaffirmation</U>.
Receipt by the Administrative Agent of a Guarantor Acknowledgement substantially in the form of Exhibit A attached hereto, executed by
each Guarantor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Officer&#8217;s
Certificate</U>. Receipt by the Administrative Agent of a certificate, in form and substance reasonably satisfactory to it, of a
Responsible Officer (x) certifying that as of the Fourth Amendment Date, after giving effect to the transactions contemplated
herein, (i) the Borrower and each of the other Loan Parties on a consolidated basis are solvent, (ii) no Material Adverse Effect
exists or would result from the consummation of this Amendment (excluding, solely with respect to clause (a) of the definition of
Material Adverse Effect, events and circumstances resulting from the COVID-19 pandemic as described in the 10-Q publicly filed by
the Parent on May 11, 2020 or as otherwise disclosed to the Administrative Agent and the Lenders in writing prior to the Fourth
Amendment Date) and (iii) no Default or Event of Default has occurred and is continuing as of the date thereof, nor will exist
immediately after giving effect to this Amendment, and (y) attaching fully executed copies of an amendment to the Existing Term
Loan, which shall be in form and substance satisfactory to the Administrative Agent, and all material documents executed in
connection therewith.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Fees</U>.
Receipt by the Administrative Agent and the Lenders of all fees and expenses, if any, then owing by the Borrower to the Lenders, the Administrative
Agent and Wells Fargo Securities, LLC.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Matters</U>. All other documents and legal matters in connection with the transactions contemplated by this Amendment shall be reasonably
satisfactory in form and substance to the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For purposes of determining
compliance with the conditions specified in this Section 2, each Lender that has signed this Amendment shall be deemed to have consented
to, approved or accepted or to be satisfied with, each document or other matter required under this Section 2 to be consented to or approved
by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received written notice from such Lender prior
to the date of this Amendment specifying its objections.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;3. <U>Representations</U>.
Each of the Parent and the Borrower represents and warrants to the Administrative Agent and the Lenders that:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authorization</U>.
Each of the Borrower and the Parent has the right and power, and has taken all necessary action to authorize it, to execute and deliver
this Amendment and to perform this Amendment, and the Credit Agreement, as amended by this Amendment in accordance with their respective
terms and to consummate the transactions contemplated hereby and thereby. This Amendment has been duly executed and delivered by the duly
authorized officers, agents and/or signatories of the Borrower and the Parent and each is a legal, valid and binding obligation of such
Person enforceable against such Person in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, and
other similar laws affecting the rights of creditors generally and the availability of equitable remedies for the enforcement of certain
obligations (other than the payment of principal) contained herein or therein and as may be limited by equitable principles generally.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws, etc</U>. The execution and delivery of this Amendment and the performance of this Amendment and the Credit Agreement, as amended
by this Amendment in accordance with their respective terms and the borrowings do not and will not, by the passage of time, the giving
of notice, or both: (i) require any Governmental Approval or violate any Applicable Law (including all Environmental Laws) relating to
the Borrower or any other Loan Party; (ii) conflict with, result in a breach of or constitute a default under the organizational documents
of any Loan Party, or any indenture, agreement or other instrument to which the Borrower or any other Loan Party is a party or by which
it or any of its respective properties may be bound; or (iii) result in or require the creation or imposition of any Lien upon or with
respect to any property now owned or hereafter acquired by any Loan Party.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Default</U>. No Default or Event of Default has occurred and is continuing as of the date hereof, nor will exist immediately after giving
effect to this Amendment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Existing
Representations and Warranties</U>. The representations and warranties made or deemed made by the Borrower or any other Loan Party
in the Amended Credit Agreement or any other Loan Document to which such Loan Party is a party or which are contained in any
certificate furnished in connection therewith are true and correct in all material respects (except in the case of a representation
or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) on
and as of the date hereof as if made on and as of such date, <FONT STYLE="font-size: 10pt">except to the extent that such
representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall
have been true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in
which case such representation or warranty shall have been true and correct in all respects) on and as of such earlier date) and
except for changes in factual circumstances specifically and expressly permitted under the Amended Credit Agreement; <U>provided</U>
that, for purposes of making the representation in the first sentence of Section 7.1(l) of the Amended Credit Agreement, any event
or circumstance resulting from the COVID-19 pandemic as described in the 10-Q publicly filed by the Parent on May 11, 2020 or as
otherwise disclosed to the Administrative Agent and the Lenders in writing prior to the Fourth Amendment Date, shall be
excluded.</FONT></P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;4. <U>Certain
References</U>. Each reference to the Credit Agreement in any of the Loan Documents shall be deemed to be a reference to the Credit Agreement
as amended by this Amendment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;5. <U>Expenses</U>.
The Borrower shall reimburse the Administrative Agent upon demand for all reasonable, documented out-of-pocket costs and expenses (including
reasonable and documented attorneys&#8217; fees) incurred by the Administrative Agent in connection with the preparation, negotiation
and execution of this Amendment and the other agreements and documents executed and delivered in connection herewith.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;6. <U>Benefits</U>.
This Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;7. <U>GOVERNING
LAW</U>. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS
EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;8. <U>Effect</U>.
Except as expressly herein amended, the terms and conditions of the Credit Agreement and the other Loan Documents remain in full force
and effect. The amendments contained in Section 1 hereof shall be deemed to have prospective application only from the date this Amendment
becomes effective. The Credit Agreement, as herein amended, is hereby ratified and confirmed in all respects. Nothing in this Amendment
shall limit, impair or constitute a waiver of the rights, powers or remedies available to the Administrative Agent or the Lenders under
the Credit Agreement, as herein amended, or any other Loan Document.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 9. <U>Release</U>.
In consideration of the amendments and agreements contained herein, each Loan Party hereby waives and releases the Administrative Agent,
each Lender, the Swingline Lender and the Issuing Banks from any and all claims and defenses, whether known or unknown, with respect to
the Credit Agreement and the other Loan Documents and the transactions contemplated thereby to the extent any such claims and defenses
have arisen on or prior to the date hereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;10. <U>Counterparts</U>.
This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original and shall be binding upon
all parties, their successors and assigns. Signatures hereto delivered by facsimile transmission, emailed .pdf file or other similar forms
of electronic transmission shall be deemed original signatures, which hereby may be relied upon by all parties and shall be binding on
the respective signor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;11. <U>Loan Documents</U>.
This Amendment and the executed Guarantor Acknowledgement substantially in the form attached hereto as Exhibit A shall be deemed to be
 &#8220;Loan Documents&#8221; for all purposes under the Credit Agreement and the other Loan Documents.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures Commence on Next Page]</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, the parties hereto have caused
this Fourth Amendment to Fifth Amended and Restated Credit Agreement to be executed as of the date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 50%">BORROWER:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">DIAMONDROCK HOSPITALITY LIMITED PARTNERSHIP</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 3%">By:</TD>
  <TD STYLE="width: 47%"> DiamondRock Hospitality Company, its sole General Partner</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">By:</TD>
                              <TD STYLE="border-bottom: Black 1pt solid; width: 47%">/s/ Jeff Donnelly</TD></TR>
<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Name: Jeff Donnelly</TD></TR>

<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Title: Executive Vice President and Chief Financial Officer</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 220.5pt; text-indent: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 50%">PARENT:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">DIAMONDROCK HOSPITALITY COMPANY</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">By:</TD>
                              <TD STYLE="border-bottom: Black 1pt solid; width: 47%">/s/ Jeff Donnelly</TD></TR>
<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Name: Jeff Donnelly</TD></TR>

<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Title: Executive Vice President and Chief Financial Officer</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 220.5pt; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures Continued on Next Page]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Fourth Amendment to Fifth Amended
and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

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

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
  <TD STYLE="text-align: justify; width: 50%">THE ADMINISTRATIVE AGENT AND THE LENDERS:</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
  <TD STYLE="text-align: justify; width: 50%">WELLS FARGO BANK, NATIONAL ASSOCIATION, as<BR>
 &nbsp;&nbsp;&nbsp;&nbsp;Administrative Agent and as a Lender</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt"></P>

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<TD></TD><TD>By:</TD>
                            <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Daniel S. Dyer</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&nbsp;</TD>
         <TD>Name:</TD>
         <TD>Daniel S. Dyer</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">&nbsp;</TD>
         <TD STYLE="width: 5%">Title:</TD>
         <TD STYLE="width: 42%">Director</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures Continued on Next Page]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Fourth Amendment to Fifth Amended
and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">BANK OF AMERICA, N.A., as a Lender</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD></TD><TD>By:</TD>
         <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Suzanne E. Pickett</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&nbsp;</TD>
         <TD>Name:</TD>
         <TD>Suzanne E. Pickett</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">&nbsp;</TD>
         <TD STYLE="width: 5%">Title:</TD>
         <TD STYLE="width: 42%">Senior Vice President</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures Continued on Next Page]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Fourth Amendment to Fifth Amended
and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">CITIBANK, N.A., as a Lender</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD></TD><TD>By:</TD>
         <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Chris Albano</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&nbsp;</TD>
         <TD>Name:</TD>
         <TD>Chris Albano</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">&nbsp;</TD>
         <TD STYLE="width: 5%">Title:</TD>
         <TD STYLE="width: 42%">Authorized Signatory</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Fourth Amendment to Fifth Amended
and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

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

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

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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">U.S. BANK NATIONAL &#9;ASSOCIATION, as a Lender</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

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<TD></TD><TD>By:</TD>
         <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Timothy J. Tillman</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&nbsp;</TD>
         <TD>Name:</TD>
         <TD>Timothy J. Tillman</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">&nbsp;</TD>
         <TD STYLE="width: 5%">Title:</TD>
         <TD STYLE="width: 42%">Senior Vice President </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Fourth Amendment to Fifth Amended
and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">KEYBANK NATIONAL ASSOCIATION, as a Lender</TD></TR>
</TABLE>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

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<TD></TD><TD>By:</TD>
         <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Thomas Z. Schmitt</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&nbsp;</TD>
         <TD>Name:</TD>
         <TD>Thomas Z. Schmitt</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">&nbsp;</TD>
         <TD STYLE="width: 5%">Title:</TD>
         <TD STYLE="width: 42%">Vice President </TD></TR></TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures Continued on Next Page]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Fourth Amendment to Fifth Amended
and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

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

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

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  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">PNC BANK, NATIONAL ASSOCIATION, as a Lender</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Katie Chowdhry</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%"> Katie Chowdhry</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;</FONT></TD>
    <TD>Senior Vice President </TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures Continued on Next Page]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Fourth Amendment to Fifth Amended and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

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  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">REGIONS BANK, as a Lender</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Ghi S. Gavin</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%">Ghi S. Gavin</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;</FONT></TD>
    <TD>Senior Vice President </TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to Fourth Amendment to Fifth Amended and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

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  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">T.D. BANK, N.A., as a Lender</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ James M. Cupelli</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%">James M. Cupelli</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;</FONT></TD>
    <TD>Vice President</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to Fourth Amendment to Fifth Amended and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">BMO HARRIS BANK, N.A., as a Lender</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Gwendolyn Gatz</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%">Gwendolyn Gatz</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;</FONT></TD>
    <TD>Director</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures Continued on Next Page]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Fourth Amendment to Fifth Amended and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">BARCLAYS BANK PLC, as a Lender</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Craig Malloy</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%">Craig Malloy</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;</FONT></TD>
    <TD>Director</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures Continued on Next Page]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Fourth Amendment to Fifth Amended and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">DEUTSCHE BANK AG NEW YORK BRANCH, as a
Lender</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Annie Chung</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%">Annie Chung (annie. chung@db.com)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;</FONT></TD>
    <TD>Director (212-250-6375)</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Marko Lukin</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%">Marko Lukin (marko. lukin@db.com)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;</FONT></TD>
    <TD>Vice President (212-250-7283)</TD></TR>
  </TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to Fourth Amendment to Fifth Amended and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189pt; text-indent: -9pt">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">TRUIST BANK, as a Lender</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ C. Vincent Hughes, Jr.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%">C. Vincent Hughes, Jr.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;</FONT></TD>
    <TD>Director</TD></TR>
  </TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to Fourth Amendment to Fifth Amended and Restated Credit Agreement for DiamondRock Hospitality Limited Partnership]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 189.35pt; text-indent: -9.35pt">&nbsp;</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORM OF GUARANTOR ACKNOWLEDGEMENT</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS GUARANTOR ACKNOWLEDGEMENT
dated as of February [___], 2022 (this &#8220;Acknowledgement&#8221;) executed by each of the undersigned (the &#8220;Guarantors&#8221;)
in favor of Wells Fargo Bank, National Association, as Administrative Agent (the &#8220;Administrative Agent&#8221;) and each &#8220;Lender&#8221;
a party to the Credit Agreement referred to below (the &#8220;Lenders&#8221;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, DiamondRock Hospitality
Limited Partnership (the &#8220;Borrower&#8221;), DiamondRock Hospitality Company (the &#8220;Parent&#8221;), the Lenders, the Administrative
Agent and certain other parties have entered into that certain Fifth Amended and Restated Credit Agreement dated as of July 25, 2019 (as
amended by that certain First Amendment to Fifth Amended and Restated Credit Agreement dated as of June 9, 2020, that certain Conditional
Consent Letter dated as of August 14, 2020, that certain Second Amendment to Fifth Amended and Restated Credit Agreement dated as of August
14, 2020, that certain Third Amendment and Consent to Fifth Amended and Restated Credit Agreement dated as of January 20, 2021, that certain
Conditional Consent Letter dated as of March 26, 2021 and as further amended, restated, supplemented or otherwise modified from time to
time, the &#8220;Credit Agreement&#8221;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, each of the Guarantors
is a party to that certain Amended and Restated Guaranty dated as of July 25, 2019 (as amended, restated, supplemented or otherwise modified
from time to time, the &#8220;Guaranty&#8221;) pursuant to which they guarantied, among other things, the Borrower&#8217;s obligations
under the Credit Agreement on the terms and conditions contained in the Guaranty;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the Borrower, the
Parent, the Administrative Agent and certain of the Lenders are to enter into the Fourth Amendment to Fifth Amended and Restated Credit
Agreement dated as of the date hereof (the &#8220;Fourth Amendment&#8221;), to amend the Credit Agreement on the terms and conditions
contained therein; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, it is a condition
precedent to the effectiveness of the Fourth Amendment that the Guarantors execute and deliver this Acknowledgement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, for good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the parties hereto agree as
follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 1. <U>Reaffirmation</U>.
Each Guarantor hereby reaffirms its continuing obligations to the Administrative Agent and the Lenders under the Guaranty and agrees that
the transactions contemplated by the Fourth Amendment, shall not in any way affect the validity and enforceability of the Guaranty, or
reduce, impair or discharge the obligations of such Guarantor thereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 2. <U>Governing Law</U>.
THIS ACKNOWLEDGEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS
EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;3. <U>Counterparts</U>.
This Acknowledgement may be executed in any number of counterparts, each of which shall be deemed to be an original and shall be binding
upon all parties, their successors and assigns. Signatures hereto delivered by facsimile transmission, emailed .pdf file or other similar
forms of electronic transmission shall be deemed original signatures, which hereby may be relied upon by all parties and shall be binding
on the respective signor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures on Next Page]</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN
WITNESS WHEREOF, each Guarantor has duly executed and delivered this Guarantor Acknowledgement as of the date and year first written above.</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THE GUARANTORS:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DIAMONDROCK HOSPITALITY COMPANY</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Jeff Donnelly</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Executive Vice President and Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">BLOODSTONE TRS, INC.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Jeff Donnelly</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: President and Chief Executive Officer</FONT></TD></TR>
  </TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures Continued on Next Page]</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%; font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Alpharetta Owner, LLC</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="text-transform: uppercase">DiamondRock Alpharetta
    Tenant, LLC</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="text-transform: uppercase">DIAMONDROCK BETHESDA
    GENERAL, LLC,<BR>
    </FONT>general partner of DiamondRock Bethesda Owner Limited Partnership&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Bethesda Tenant, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Boston Broad Street Owner, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Boston Broad Street Tenant, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Burlington Owner, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Burlington Tenant, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Charleston Owner, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Charleston Tenant, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Chicago Conrad Owner, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Chicago Conrad Tenant, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Chicago Owner, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Chicago TENANT, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Denver Downtown Owner, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Denver Downtown Tenant, LLC</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock FL Owner, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock FL Tenant, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock HB Owner, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock HB Tenant, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Key West North Owner, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Key West North Tenant, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock KW South Owner, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock KW South Tenant, LLC </FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="text-transform: uppercase">DIAMONDROCK PHX OWNER,
    LLC</FONT>&nbsp;&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="text-transform: uppercase">DIAMONDROCK PHX HOLDINGS,
    LLC</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="text-transform: uppercase">DiamondRock SF Sutter
    Street Owner, LLC </FONT></P></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock SF Sutter Street Tenant, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock tahoe owner, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock tahoe TENANT, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Times Square Owner, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Times Square Tenant, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Vail Owner, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DiamondRock Vail Tenant, LLC </FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DIAMONdrock az LA OWNER, llc</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DIAMONdrock az LA tenant, llc</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DIAMONdrock az or OWNER, llc</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">DIAMONdrock az or tenant, llc</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">cpfb holdings, llc</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">cpfb owner, llc</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">cpfb tenant, llc</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 148.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Jeff Donnelly</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Director</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 148.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 148.5pt; text-align: justify"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">DiamondRock Bethesda Owner Limited Partnership</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: DiamondRock Bethesda General, LLC, its general partner</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Jeff Donnelly</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Director</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 148.5pt; text-align: justify"></P>

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

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

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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

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

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

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

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

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

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

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><IMG SRC="tm225747d1_ex10-1img001.jpg" ALT="" STYLE="width: 82px; height: 85px"></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">CONFORMED THROUGH <FONT STYLE="color: red"><STRIKE>THIRD</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">FOURTH</U></FONT>
AMENDMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">[NOT A LEGAL DOCUMENT]</P>

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

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



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

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">FIFTH AMENDED AND RESTATED CREDIT AGREEMENT</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Dated as of July 25, 2019</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">by and among</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">DIAMONDROCK HOSPITALITY LIMITED PARTNERSHIP,</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">DIAMONDROCK HOSPITALITY COMPANY,</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="text-transform: uppercase">The financial
institutions party hereto</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="text-transform: uppercase">and their
assignees under Section&nbsp;13.5.,</FONT></P>

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

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="text-transform: uppercase">WELLS FARGO
Bank, National Association</FONT>,</P>

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

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



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

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">WELLS FARGO SECURITIES, LLC,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">BOFA SECURITIES, INC.,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">CITIGROUP GLOBAL MARKETS INC.,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">U.S. BANK NATIONAL ASSOCIATION,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">KEYBANC CAPITAL MARKETS, INC.,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">REGIONS CAPITAL MARKETS, A DIVISION OF REGIONS
BANK,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">PNC CAPITAL MARKETS LLC</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">TD SECURITIES (USA) LLC,</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">WELLS FARGO SECURITIES, LLC,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">BOFA SECURITIES, INC.,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">CITIGROUP GLOBAL MARKETS INC.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">U.S. BANK NATIONAL ASSOCIATION,</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">BANK OF AMERICA, N.A.,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">CITIBANK, N.A.,</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">U.S. BANK NATIONAL ASSOCIATION</P>

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

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">KEYBANK NATIONAL ASSOCIATION,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">REGIONS BANK,</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">PNC BANK, NATIONAL ASSOCIATION</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">TD BANK, N.A.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4in; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4in; text-align: justify">&nbsp;</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 95%">Article I. Definitions</TD>
  <TD STYLE="text-align: right; width: 5%">1</TD></TR>


</TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;1.1. Definitions</TD>
  <TD STYLE="text-align: right; width: 5%">1</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;1.2. General; References to Pacific Time</TD>
  <TD STYLE="text-align: right">40</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;1.3. Financial Attributes of Non-Wholly Owned Subsidiaries</TD>
  <TD STYLE="text-align: right">41</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;1.4. Rates</TD>
  <TD STYLE="text-align: right">41</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;1.5. Divisions</TD>
  <TD STYLE="text-align: right">41</TD></TR>

</TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article II. Credit Facility</TD>
  <TD STYLE="text-align: right; width: 10%">41</TD></TR>

</TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;2.1. Revolving Loans</TD>
  <TD STYLE="text-align: right; width: 5%">41</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.2. Term Loans</TD>
  <TD STYLE="text-align: right">42</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section 2.3. Letters of Credit</TD>
  <TD STYLE="text-align: right">43</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section 2.4. Swingline Loans</TD>
  <TD STYLE="text-align: right">48</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.5. Rates and Payment of Interest on Loans</TD>
  <TD STYLE="text-align: right">50</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.6. Number of Interest Periods</TD>
  <TD STYLE="text-align: right">51</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.7. Repayment of Loans</TD>
  <TD STYLE="text-align: right">51</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.8. Prepayments</TD>
  <TD STYLE="text-align: right">51</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.9. Continuation</TD>
  <TD STYLE="text-align: right">54</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.10. Conversion</TD>
  <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>56</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>54</U></FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.11. Notes</TD>
  <TD STYLE="text-align: right">55</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.12. Voluntary Reductions of the Commitment</TD>
  <TD STYLE="text-align: right">55</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section 2.13. Extension of Termination Date</TD>
  <TD STYLE="text-align: right">56</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.14. Expiration Date of Letters of Credit Past Revolving Commitment Termination</TD>
  <TD STYLE="text-align: right">56</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.15. Amount Limitations</TD>
  <TD STYLE="text-align: right">56</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.16. Increase in Commitments; Additional Term Loans</TD>
  <TD STYLE="text-align: right">57</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.17. Funds Transfer Disbursements</TD>
  <TD STYLE="text-align: right">58</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;2.18. Security Interest in Collateral</TD>
  <TD STYLE="text-align: right">58</TD></TR>


</TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article III. Payments, Fees and Other General Provisions</TD>
  <TD STYLE="text-align: right; width: 10%">58</TD></TR>


</TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;3.1. Payments</TD>
  <TD STYLE="text-align: right; width: 5%">58</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;3.2. Pro Rata Treatment</TD>
  <TD STYLE="text-align: right">59</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;3.3. Sharing of Payments, Etc.</TD>
  <TD STYLE="text-align: right">60</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;3.4. Several Obligations</TD>
  <TD STYLE="text-align: right">60</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;3.5. Fees</TD>
  <TD STYLE="text-align: right">60</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;3.6. Computations</TD>
  <TD STYLE="text-align: right">62</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;3.7. Usury</TD>
  <TD STYLE="text-align: right">62</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;3.8. Statements of Account</TD>
  <TD STYLE="text-align: right">62</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;3.9. Defaulting Lenders</TD>
  <TD STYLE="text-align: right">63</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;3.10. Taxes</TD>
  <TD STYLE="text-align: right">66</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2">Article IV. Intentionally Omitted</TD>
  <TD STYLE="text-align: right">69</TD></TR>

</TABLE>

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

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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article V. Yield Protection, Etc.</TD>
  <TD STYLE="text-align: right; width: 10%">69</TD></TR>

</TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">

<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;5.1. Additional Costs; Capital Adequacy</TD>
  <TD STYLE="text-align: right; width: 5%">69</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;5.2. Suspension of LIBOR Loans</TD>
  <TD STYLE="text-align: right">71</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;5.3. Illegality</TD>
  <TD STYLE="text-align: right">72</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;5.4. Compensation</TD>
  <TD STYLE="text-align: right">72</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;5.5. Treatment of Affected Loans</TD>
  <TD STYLE="text-align: right">73</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;5.6. Change of Lending Office</TD>
  <TD STYLE="text-align: right">74</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;5.7. Assumptions Concerning Funding of LIBOR Loans</TD>
  <TD STYLE="text-align: right; width: 5%">74</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;5.8. Affected Lenders</TD>
  <TD STYLE="text-align: right">74</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article VI. Conditions Precedent</TD>
  <TD STYLE="text-align: right; width: 10%">74</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;6.1. Initial Conditions Precedent</TD>
  <TD STYLE="text-align: right; width: 5%">74</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;6.2. Conditions Precedent to All Loans and Letters of Credit</TD>
  <TD STYLE="text-align: right">77</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article VII. Representations and Warranties</TD>
  <TD STYLE="text-align: right; width: 10%">77</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;7.1. Representations and Warranties</TD>
  <TD STYLE="text-align: right; width: 5%">77</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;7.2. Survival of Representations and Warranties, Etc.</TD>
  <TD STYLE="text-align: right">84</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article VIII. Affirmative Covenants</TD>
  <TD STYLE="text-align: right; width: 10%">84</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;8.1. Preservation of Existence and Similar Matters</TD>
  <TD STYLE="text-align: right; width: 5%">84</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.2. Compliance with Applicable Law and Material Contracts</TD>
  <TD STYLE="text-align: right">85</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.3. Maintenance of Property</TD>
  <TD STYLE="text-align: right">85</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.4. Conduct of Business</TD>
  <TD STYLE="text-align: right">85</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.5. Insurance</TD>
  <TD STYLE="text-align: right">85</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.6. Payment of Taxes and Claims</TD>
  <TD STYLE="text-align: right">85</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.7. Inspections</TD>
  <TD STYLE="text-align: right">86</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.8. Use of Proceeds; Letters of Credit</TD>
  <TD STYLE="text-align: right">86</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.9. Environmental Matters</TD>
  <TD STYLE="text-align: right">87</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.10. Books and Records</TD>
  <TD STYLE="text-align: right">87</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.11. Further Assurances</TD>
  <TD STYLE="text-align: right">87</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.12. REIT Status</TD>
  <TD STYLE="text-align: right">87</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.13. Exchange Listing</TD>
  <TD STYLE="text-align: right">87</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.14. Additional Guarantors</TD>
  <TD STYLE="text-align: right">88</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.15. Release of Guarantors</TD>
  <TD STYLE="text-align: right">88</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.16. Compliance with Anti-Corruption Laws; Beneficial Ownership Regulation, Anti-Money Laundering Laws and Sanctions</TD>
  <TD STYLE="text-align: right">89</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.17. Additional Collateral / Release of Collateral</TD>
  <TD STYLE="text-align: right">89</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;8.18. Article 8 Securities</TD>
  <TD STYLE="text-align: right">90</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article IX. Information</TD>
  <TD STYLE="text-align: right; width: 10%">90</TD></TR>
</TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;9.1. Quarterly Financial Statements</TD>
  <TD STYLE="text-align: right; width: 5%">90</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;9.2. Year&#45;End Statements</TD>
  <TD STYLE="text-align: right">90</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;9.3. Compliance Certificate</TD>
  <TD STYLE="text-align: right">91</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;9.4. Other Information</TD>
  <TD STYLE="text-align: right">92</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;9.5. Electronic Delivery of Certain Information</TD>
  <TD STYLE="text-align: right">94</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;9.6. Public/Private Information</TD>
  <TD STYLE="text-align: right">94</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;9.7. USA Patriot Act Notice; Compliance</TD>
  <TD STYLE="text-align: right">94</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article X. Negative Covenants</TD>
  <TD STYLE="text-align: right; width: 10%">95</TD></TR>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;10.1. Financial Covenants</TD>
  <TD STYLE="text-align: right; width: 5%">95</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.2. Restricted Payments</TD>
  <TD STYLE="text-align: right">97</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.3. Indebtedness</TD>
  <TD STYLE="text-align: right">97</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.4. Intentionally Omitted</TD>
  <TD STYLE="text-align: right">97</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.5. Investments Generally</TD>
  <TD STYLE="text-align: right">97</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.6. Negative Pledge</TD>
  <TD STYLE="text-align: right">98</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.7. Merger, Consolidation, Sales of Assets and Other Arrangements</TD>
  <TD STYLE="text-align: right">99</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.8. Fiscal Year</TD>
  <TD STYLE="text-align: right">100</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.9. Modifications of Material Contracts</TD>
  <TD STYLE="text-align: right">100</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;10.10. Modifications of Organizational Documents</TD>
  <TD STYLE="text-align: right; width: 5%">100</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.11. Transactions with Affiliates</TD>
  <TD STYLE="text-align: right">100</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.12. ERISA Exemptions</TD>
  <TD STYLE="text-align: right">101</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.13. Environmental Matters</TD>
  <TD STYLE="text-align: right">101</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.14. Derivatives Contracts</TD>
  <TD STYLE="text-align: right">101</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;10.15. Restriction Period Covenants</TD>
  <TD STYLE="text-align: right">101</TD></TR>
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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article XI. Default</TD>
  <TD STYLE="text-align: right; width: 10%">103</TD></TR>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;11.1. Events of Default</TD>
  <TD STYLE="text-align: right; width: 5%">103</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;11.2. Remedies Upon Event of Default</TD>
  <TD STYLE="text-align: right">106</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;11.3. Remedies Upon Default</TD>
  <TD STYLE="text-align: right">107</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;11.4. Marshaling; Payments Set Aside</TD>
  <TD STYLE="text-align: right">107</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;11.5. Allocation of Proceeds</TD>
  <TD STYLE="text-align: right">108</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;11.6. Letter of Credit Collateral Account</TD>
  <TD STYLE="text-align: right">109</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;11.7. Performance by Administrative Agent</TD>
  <TD STYLE="text-align: right">110</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;11.8. Rights Cumulative</TD>
  <TD STYLE="text-align: right">110</TD></TR>

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<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article XII. The Administrative Agent</TD>
  <TD STYLE="text-align: right; width: 10%">111</TD></TR>
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    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;12.1. Appointment and Authorization</TD>
  <TD STYLE="text-align: right; width: 5%">111</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;12.2. Administrative Agent&#8217;s Reliance</TD>
  <TD STYLE="text-align: right">112</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;12.3. Notice of Events of Default</TD>
  <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>115</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>112</U></FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;12.4. Administrative Agent as Lender</TD>
  <TD STYLE="text-align: right">113</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section 12.5. Approvals of Lenders</TD>
  <TD STYLE="text-align: right">113</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;12.6. Lender Credit Decision, Etc.</TD>
  <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>116</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>113</U></FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;12.7. Indemnification of Administrative Agent</TD>
  <TD STYLE="text-align: right">114</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;12.8. Successor Administrative Agent</TD>
  <TD STYLE="text-align: right">114</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section 12.9. Titled Agents</TD>
  <TD STYLE="text-align: right">115</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section 12.10. Collateral Matters</TD>
  <TD STYLE="text-align: right">115</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;12.11. Administrative Agent May File Bankruptcy Disclosure and Proofs of Claim</TD>
  <TD STYLE="text-align: right">116</TD></TR>
</TABLE>


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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 90%">Article XIII. Miscellaneous</TD>
  <TD STYLE="text-align: right; width: 10%">117</TD></TR>
</TABLE>


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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;13.1. Notices</TD>
  <TD STYLE="text-align: right; width: 5%">117</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.2. Expenses</TD>
  <TD STYLE="text-align: right">119</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.3. Setoff</TD>
  <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>123</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>120</U></FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.4. Litigation; Jurisdiction; Other Matters; Waivers</TD>
  <TD STYLE="text-align: right">120</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.5. Successors and Assigns</TD>
  <TD STYLE="text-align: right">121</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.6. Amendments and Waivers</TD>
  <TD STYLE="text-align: right">125</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.7. Nonliability of Administrative Agent and Lenders</TD>
  <TD STYLE="text-align: right">128</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.8. Confidentiality</TD>
  <TD STYLE="text-align: right">128</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.9. Indemnification</TD>
  <TD STYLE="text-align: right">129</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.10. Termination; Survival</TD>
  <TD STYLE="text-align: right">130</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.11. Severability of Provisions</TD>
  <TD STYLE="text-align: right">130</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.12. GOVERNING LAW</TD>
  <TD STYLE="text-align: right">130</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.13. Counterparts</TD>
  <TD STYLE="text-align: right">130</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.14. Obligations with Respect to Loan Parties</TD>
  <TD STYLE="text-align: right">131</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.15. Independence of Covenants</TD>
  <TD STYLE="text-align: right">131</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.16. Limitation of Liability</TD>
  <TD STYLE="text-align: right">131</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.17. Entire Agreement</TD>
  <TD STYLE="text-align: right">131</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.18. Construction</TD>
  <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>135</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>131</U></FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.19. Headings</TD>
  <TD STYLE="text-align: right">132</TD></TR>

</TABLE>

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

<P STYLE="margin: 0"></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 90%">Section&nbsp;13.20. No Novation</TD>
  <TD STYLE="text-align: right; width: 5%">132</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.21. New York Mortgages</TD>
  <TD STYLE="text-align: right">132</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.22. Acknowledgement and Consent to Bail-In of Affected Financial Institutions</TD>
  <TD STYLE="text-align: right">134</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.23. Acknowledgement Regarding Any Supported QFCs</TD>
  <TD STYLE="text-align: right">135</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.24. New Lenders; Exiting Lenders</TD>
  <TD STYLE="text-align: right">135</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD>Section&nbsp;13.25. Intercreditor Agreement</TD>
  <TD STYLE="text-align: right">136</TD></TR>
</TABLE>


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

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<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify; width: 15%">SCHEDULE I</TD>
  <TD STYLE="text-align: justify; width: 85%">Commitments</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 1.1.(a)</TD>
  <TD STYLE="text-align: justify">Approved Managers</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 1.1.(b)</TD>
  <TD STYLE="text-align: justify">List of Loan Parties</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 1.1.(c)</TD>
  <TD STYLE="text-align: justify">Equity Pledges Requiring Consent</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 7.1.(b)</TD>
  <TD STYLE="text-align: justify">Ownership Structure</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 7.1.(f)</TD>
  <TD STYLE="text-align: justify">Title to Properties; Occupancy Rates; Liens</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 7.1.(g)</TD>
  <TD STYLE="text-align: justify">Existing Indebtedness; Total Indebtedness</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 7.1.(h)</TD>
  <TD STYLE="text-align: justify">Material Contracts</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 7.1.(i)</TD>
  <TD STYLE="text-align: justify">Litigation</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 7.1.(y)</TD>
  <TD STYLE="text-align: justify">Initial Unencumbered Properties</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">SCHEDULE 13.1.</TD>
  <TD STYLE="text-align: justify">Address for Notices to Issuing Banks</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify; width: 15%">EXHIBIT A</TD>
  <TD STYLE="text-align: justify; width: 85%">Form of Assignment and Assumption Agreement</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT B</TD>
  <TD STYLE="text-align: justify">Form of Guaranty</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT C</TD>
  <TD STYLE="text-align: justify">Form of Revolving Note</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT D</TD>
  <TD STYLE="text-align: justify">Form of Notice of Borrowing</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT E</TD>
  <TD STYLE="text-align: justify">Form of Notice of Continuation</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT F</TD>
  <TD STYLE="text-align: justify">Form of Notice of Conversion</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT G </TD>
  <TD STYLE="text-align: justify">Form of Notice of Swingline Borrowing</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT H</TD>
  <TD STYLE="text-align: justify">Form of Swingline Note</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT I</TD>
  <TD STYLE="text-align: justify">Form of Disbursement Instruction Agreement</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT J</TD>
  <TD STYLE="text-align: justify">Forms of U.S. Tax Compliance Certificates</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT K</TD>
  <TD STYLE="text-align: justify">Form of Compliance Certificate</TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">EXHIBIT L</TD>
  <TD STYLE="text-align: justify">Form of Term Loan Note</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 135pt">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS FIFTH AMENDED AND RESTATED
CREDIT AGREEMENT (this &#8220;Agreement&#8221;) dated as of July 25, 2019, by and among DIAMONDROCK HOSPITALITY LIMITED PARTNERSHIP, a
limited partnership formed under the laws of the State of Delaware (the &#8220;Borrower&#8221;), DIAMONDROCK HOSPITALITY COMPANY, a corporation
formed under the laws of the State of Maryland (the &#8220;Parent&#8221;), each of the financial institutions initially a signatory hereto
together with their successors and assignees under Section 13.5. (collectively, the &#8220;Lenders&#8221;), and WELLS FARGO BANK, NATIONAL
ASSOCIATION, as Administrative Agent (the &#8220;Administrative Agent&#8221;), with each of <FONT STYLE="text-transform: uppercase">Wells
Fargo Securities, LLC, BofA securities, inc., </FONT>CITIGROUP GLOBAL MARKETS INC., U.S. BANK NATIONAL ASSOCIATION, KEYBANC CAPITAL MARKETS
INC., REGIONS CAPITAL MARKETS, A DIVISION OF REGIONS BANK, PNC CAPITAL MARKETS LLC AND TD SECURITIES (USA) LLC, as Joint Lead Arrangers
(collectively, the &#8220;Lead Arrangers&#8221;), each of <FONT STYLE="text-transform: uppercase">Wells Fargo Securities, LLC, BofA securities,
inc., </FONT>CITIGROUP GLOBAL MARKETS INC., and U.S. BANK NATIONAL ASSOCIATION, as Joint Bookrunners (collectively, the &#8220;Bookrunners&#8221;),
<FONT STYLE="text-transform: uppercase">Bank of America, N.A</FONT>., CITIBANK, N.A., and U.S. BANK NATIONAL ASSOCIATION as Syndication
Agents (collectively, the &#8220;Syndication Agents&#8221;), and KEYBANK NATIONAL ASSOCIATION, REGIONS BANK, PNC BANK, NATIONAL ASSOCIATION
and TD BANK, N.A., as Documentation Agent (the &#8220;Documentation Agents&#8221;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, certain of the Lenders
and other financial institutions have made available to the Borrower a revolving credit facility in the amount of $300,000,000, including
a $30,000,000 letter of credit subfacility and a $30,000,000 swingline subfacility, on the terms and conditions contained in that certain
Fourth Amended and Restated Credit Agreement dated as of May 3, 2016 (as amended and in effect immediately prior to the date hereof, the
 &#8220;Existing Credit Agreement&#8221;) by and among the Parent, the Borrower, such Lenders, certain other financial institutions, the
Administrative Agent and the other parties thereto; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the Administrative
Agent, the Issuing Banks and the Lenders desire to amend and restate the terms of the Existing Credit Agreement to make available to the
Borrower (i) a revolving credit facility in the initial amount of $400,000,000, which will include a $40,000,000 letter of credit subfacility
and a $40,000,000 swingline subfacility and (ii) a $350,000,000 term loan facility, in each case, on the terms and conditions contained
herein.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, for good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the parties hereto agree that
the Existing Credit Agreement is amended and restated in its entirety as follows:</P>

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

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
I. Definitions</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;1.1.
Definitions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In addition to terms defined
elsewhere herein, the following terms shall have the following meanings for the purposes of this Agreement:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Accession Agreement</B>&#8221;
means an Accession Agreement substantially in the form of Annex&nbsp;I to the Guaranty.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Accommodation Subsidiary</B>&#8221;
means a Subsidiary (other than the Subsidiary that owns the applicable Eligible Property) that owns the improvements on an Eligible Property
or the furniture, fixtures and equipment utilized in the operation of such Eligible Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Additional Costs</B>&#8221;
has the meaning given that term in Section&nbsp;5.1.(b).</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Adjusted EBITDA</B>&#8221;
means, for any given period, (a) the EBITDA of the Parent and its Subsidiaries determined on a consolidated basis for such period, minus
(b) FF&amp;E Reserves for such period.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Adjusted NOI</B>&#8221;
means, for any Property and for any period (or if no applicable period is stated, the period of twelve consecutive fiscal months then
ended), Net Operating Income for such Property for such period minus the greater of (a)&nbsp;the actual amount of franchise fees paid
with respect to such Property during such period and (b)&nbsp;an imputed franchise fee in the amount of four percent (4.0%) of the gross
revenues for such Property for such period; provided however, for purposes of this definition, no imputed franchise fee shall be deducted
from Net Operating Income with respect to any Property that is not subject to a Franchise Agreement. If a Property has not continuously
operated the immediately preceding period of twelve consecutive months, then the Adjusted NOI of such Property shall be calculated by
annualizing the historical Net Operating Income of such Property for the most recently ending period for which it has been in continuous
operation, determined on a pro forma basis reasonably acceptable to the Administrative Agent. For the avoidance of doubt and only with
respect to continuously operated Properties, Adjusted NOI for the period of four consecutive fiscal quarters most recently ended for any
such Property acquired by the Borrower or any Subsidiary during such period shall be utilized regardless of the date such Property was
acquired by the Borrower or such Subsidiary.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Adjusted Total Asset
Value</B>&#8221; means Total Asset Value determined exclusive of assets that are owned by Excluded Subsidiaries, Foreign Subsidiaries
and Unconsolidated Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Administrative Agent</B>&#8221;
means Wells Fargo Bank, National Association as contractual representative of the Lenders under this Agreement, or any successor Administrative
Agent appointed pursuant to Section 12.8.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Administrative Questionnaire</B>&#8221;
means the Administrative Questionnaire completed by each Lender and delivered to the Administrative Agent in a form supplied by the Administrative
Agent to the Lenders from time to time.</P>

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

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#8220;<B>Affected Financial Institution</B>&#8221;
means (a) any EEA Financial Institution or (b) any UK Financial Institution.&#9;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Affected Lender</B>&#8221;
has the meaning given that term in Section&nbsp;5.8.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Affiliate</B>&#8221;
means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or
is Controlled by or is under common Control with the Person specified. In no event shall the Administrative Agent or any Lender be deemed
to be an Affiliate of the Borrower.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Agreement Date</B>&#8221;
means the date as of which this Agreement is dated.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Anti-Corruption
Laws</B>&#8221; means all laws, rules, and regulations of any jurisdiction applicable to the Borrower or its Subsidiaries from time to
time concerning or relating to bribery or corruption, including, without limitation, the United States Foreign Corrupt Practices Act of
1977 and the rules and regulations thereunder and the U.K. Bribery Act 2010 and the rules and regulations thereunder.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Anti-Money Laundering
Laws</B>&#8221; means any and all laws, statutes, regulations or obligatory government orders, decrees, ordinances or rules applicable
to a Loan Party, its Subsidiaries or Affiliates related to terrorism financing or money laundering, including any applicable provision
of the Patriot Act and The Currency and Foreign Transactions Reporting Act (also known as the &#8220;Bank Secrecy Act,&#8221; 31 U.S.C.
 &sect;&sect; 5311-5330 and 12U.S.C. &sect;&sect; 1818(s), 1820(b) and 1951-1959).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Applicable Facility
Fee</B>&#8221; means, at all times after the Investment Grade Rating Date, the percentage set forth in the table below corresponding to
the Level at which the &#8220;Applicable Margins&#8221; are determined in accordance with the definition thereof:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 50%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Level</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Facility Fee</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 77%; font-size: 10pt; text-align: center; padding-bottom: 1pt">1</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 20%; font-size: 10pt; text-align: right">0.100</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">2</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.125</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">3</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.150</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">4</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.200</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">5</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.250</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">6</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.300</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any change in the applicable Level at which the
Applicable Margins are determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee. The provisions
of this definition shall be subject to Section 2.5.(c).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Applicable Law</B>&#8221;
means all international, foreign, federal, state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes, executive
orders, and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental
Authority charged with the enforcement, interpretation or administration thereof, and all applicable administrative orders, directed duties,
requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Applicable Margin</B>&#8221;
means:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to the First Amendment Date and after the end of the Ratio Adjustment Period but prior to the Investment Grade Rating Date, the percentage
rate set forth below corresponding to the Leverage Ratio in effect at such time as set forth in the Compliance Certificate most recently
delivered by the Borrower pursuant to Section&nbsp;9.3.:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>&nbsp;</B></FONT></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>&nbsp;</B></FONT></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Level</B></FONT></P></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>&nbsp;</B></FONT></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>&nbsp;</B></FONT></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Leverage
                                            Ratio</B></FONT></P></TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Applicable<BR>

    Margin for<BR>
 LIBOR<BR>
 Revolving<BR>
 Loans</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Applicable<BR>

    Margin for<BR>
 Base Rate<BR>
 Revolving<BR>
 Loans</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Applicable<BR>

                                            Margin for<BR>
 LIBOR <BR>
Term<BR>
 Loans</B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B></B></FONT></P></TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Applicable<BR>

                                            Margin for<BR>
 Base Rate<BR>
 Term<BR>
 Loans</B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B></B></FONT></P></TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 10%; font-size: 10pt; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1</FONT></TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 45%; font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Less
    than 30% <BR></FONT></TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.40</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.40</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.35</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.35</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">2</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Greater
    than or equal to 30.0% but less than 35.0%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.45</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.45</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.40</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.40</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">3</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Greater
    than or equal to 35.0% but less than 40.0%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.50</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.50</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.45</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.45</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">4</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Greater
    than or equal to 40.0% but less than 45.0%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.55</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.55</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.50</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.50</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">5</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Greater
    than or equal to 45.0% but less 50.0%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.70</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.70</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.65</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.65</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">6</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Greater
    than or equal to 50.0% but less than 55.0%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.90</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.90</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.85</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0.85</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">7</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Greater
    than or equal to&nbsp;&nbsp;55.0%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">2.05</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.05</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">2.00</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1.00</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD></TR>
  </TABLE>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0pt 0; text-align: justify">The Applicable Margin shall be determined by the
Administrative Agent from time to time, based on the Leverage Ratio as set forth in the Compliance Certificate most recently delivered
by the Borrower pursuant to Section&nbsp;9.3. Any adjustment to the Applicable Margin shall be effective as of the first day of the calendar
month immediately following the month during which the Borrower delivers to the Administrative Agent the applicable Compliance Certificate
pursuant to Section&nbsp;9.3. If the Borrower fails to deliver a Compliance Certificate pursuant to Section&nbsp;9.3., the Applicable
Margin shall equal the percentage corresponding to Level&nbsp;7 above until the first day of the calendar month immediately following
the month that the required Compliance Certificate is delivered. Notwithstanding the foregoing, for the period from the Effective Date
through but excluding the date on which the Administrative Agent first determines the Applicable Margin for Loans as set forth above,
the Applicable Margin shall be determined based on Level&nbsp;2. Thereafter, until the Investment Grade Rating Date, the Applicable Margin
shall be adjusted from time to time as set forth in this clause (a).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On,
and at all times after, the Investment Grade Rating Date, the applicable rate per annum set forth in the table below corresponding to
the Level in the first column of the table in which the Parent&#8217;s or Borrower&#8217;s Credit Rating falls. During any period that
the Parent or Borrower has received Credit Ratings from both S&amp;P and Moody&#8217;s that are not equivalent, then the Applicable Margins
shall be determined based on the higher of such Credit Ratings. During any period that the Parent has received a Credit Rating from only
Moody&#8217;s or S&amp;P, then the Applicable Margins shall be based upon such Credit Rating. During any period after the Investment Grade
Rating Date that the Parent has (A) not received a Credit Rating from any Rating Agency or (B) only received a Credit Rating from a Rating
Agency that is neither S&amp;P nor Moody&#8217;s, then the Applicable Margin shall be determined based on Level&nbsp;6 in the table below.
Any change in the Parent&#8217;s Credit Rating which would cause it to move to a different Level shall be effective as of the first day
of the first calendar month immediately following such change.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Level</B></P></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Credit Rating</B></P></TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Applicable<BR>
 Margin for<BR>
 LIBOR<BR>
 Revolving<BR>
 Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Applicable<BR>
 Margin for<BR>
 Base Rate<BR>
 Revolving<BR>
 Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Applicable<BR>
 Margin for<BR>
 LIBOR<BR>
 Term <BR>
Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Applicable<BR>
 Margin for<BR>
 Base Rate<BR>
 Term<BR>
 Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 10%; font-size: 10pt; text-align: center; padding-bottom: 1pt">1</TD><TD STYLE="width: 1%; font-size: 10pt; text-decoration: underline; padding-bottom: 1pt"></TD>
    <TD STYLE="width: 45%; font-size: 10pt; text-align: center; padding-bottom: 1pt"><U>&gt;</U>A/A2</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right">0.775</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right">0.000</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right">0.850</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right">0.000</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">2</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">A-/A3</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.825</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.900</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">3</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">BBB+/Baa1</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.875</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.950</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">4</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">BBB/Baa2</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.100</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.100</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">5</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">BBB-/Baa3</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.200</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.200</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.350</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.350</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">6</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt">&lt;BBB-/Baa3/Unrated</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.550</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.550</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.750</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.750</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the Covenant Relief Period and the Ratio Adjustment Period, (i) the Applicable Margin for Revolving Loans that are LIBOR Loans shall be
2.55% and for Revolving Loans that are Base Rate Loans shall be 1.55% and (ii) the Applicable Margin for Term Loans that are LIBOR Loans
shall be 2.40% and for Term Loans that are Base Rate Loans shall be 1.40%.</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
any Leverage Ratio Surge Period, any Applicable Margin determined as provided above shall, each time a Leverage Ratio Surge Period applies,
be increased by 0.35%.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
provisions of this definition shall be subject to Section 2.5.(c).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Approved Accounting
Firm</B>&#8221; means Deloitte LLP, KPMG LLP, PricewaterhouseCoopers International Limited, Ernst &amp; Young LLP or such other independent
certified public accountant of recognized national standing reasonably acceptable to the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Approved Fund</B>&#8221;
means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender, or (c) an entity or an Affiliate of any
entity that administers or manages a Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Approved Manager</B>&#8221;
means (i) each property management company listed on Schedule 1.1.(a), (ii) any Affiliate thereof and (ii) any other nationally recognized
third-party property management company approved by the Administrative Agent in writing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Asset Sale</B>&#8221;
means (i) any conveyance, sale, lease, transfer or other disposition (including by way of merger or consolidation and including any sale
and leaseback transaction) of any parcel of, or interest in, real property (including the Equity Interests of any Subsidiary that directly
or indirectly owns or leases pursuant to a ground lease any real property) and (ii) any non-ordinary course conveyance, sale, lease, transfer
or other disposition (including by way of merger or consolidation and including any sale and leaseback transaction) of any other assets,
in the case of clause (i) and (ii), whether owned on the First Amendment Date or thereafter acquired.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Assignment and Assumption</B>&#8221;
means an Assignment and Assumption entered into by a Lender and an Eligible Assignee (with the consent of any party whose consent is required
by Section&nbsp;13.5.), and accepted by the Administrative Agent, in substantially the form of Exhibit&nbsp;A or any other form approved
by the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Availability</B>&#8221;
shall mean, as of any date of determination, an amount equal to the Revolving Commitments of all Lenders as of such date minus all outstanding
Revolving Loans, Swingline Loans and Letter of Credit Liabilities as of such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Average Daily Liquidity</B>&#8221;
means, as of each day, an amount equal to unrestricted cash and Cash Equivalents of the Borrower and its Subsidiaries held in accounts
in the United States and the U.S. Virgin Islands as of such date <U>plus</U> an amount equal to Availability (to the extent available
to be drawn in accordance with this Agreement), in each case, as of such determination date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Bail-In Action</B>&#8221;
means the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected
Financial Institution.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Bail-In Legislation</B>&#8221;
means (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the
Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time which
is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act
2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution
of unsound or failing banks, investment firms or other financial institutions or their Affiliates (other than through liquidation, administration
or other insolvency proceedings).</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Bankruptcy
Code</B>&#8221; means the Bankruptcy Code of 1978, as amended.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Base Rate</B>&#8221;
means, at any time, the highest of (a)&nbsp;the Prime Rate, (b)&nbsp;the Federal Funds Rate <U>plus</U> 0.50% and (c)&nbsp;the LIBOR Market
Index Rate <U>plus</U> 1.00%; each change in the Base Rate shall take effect simultaneously with the corresponding change or changes in
the Prime Rate, the Federal Funds Rate or the LIBOR Market Index Rate (<U>provided</U> that <U>clause (c)</U> shall not be applicable
during any period in which LIBOR is unavailable or unascertainable).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Base Rate Loan</B>&#8221;
means a Loan (or any portion thereof) bearing interest at a rate based on the Base Rate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Replacement</B>&#8221;
means the sum of: (a) the alternate benchmark rate (which may include Term SOFR) that has been selected by the Administrative Agent and
the Borrower giving due consideration to (i) any selection or recommendation of a replacement 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 rate of interest
as a replacement to LIBOR for Dollar denominated syndicated credit facilities and (b) the Benchmark Replacement Adjustment; provided that,
if the Benchmark Replacement as so determined would be less than 0.25%, the Benchmark Replacement will be deemed to be 0.25% for the purposes
of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Replacement
Adjustment</B>&#8221; means, with respect to any replacement of LIBOR with an Unadjusted Benchmark Replacement for each applicable Interest
Period, 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 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 LIBOR with the applicable
Unadjusted Benchmark Replacement by the Relevant Governmental Body 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 LIBOR with the applicable
Unadjusted Benchmark Replacement for Dollar denominated syndicated credit facilities at such time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Replacement
Conforming Changes</B>&#8221; means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including
changes to the definition of &#8220;Base Rate&#8221; the definition of &#8220;Interest Period,&#8221; the definition of &#8220;LIBOR Market
Index Rate,&#8221; timing and frequency of determining rates and making payments of interest and other administrative matters) that the
Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit
the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative
Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines
that no market practice for the administration of the 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).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Replacement
Date</B>&#8221; means the earlier to occur of the following events with respect to LIBOR: (i) 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 LIBOR permanently or indefinitely ceases to provide LIBOR; or (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.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Transition
Event</B>&#8221; means the occurrence of one or more of the following events with respect to LIBOR: (1) a public statement or publication
of information by or on behalf of the administrator of LIBOR announcing that such administrator has ceased or will cease to provide LIBOR,
permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will
continue to provide LIBOR; (2) a public statement or publication of information by the regulatory supervisor for the administrator of
LIBOR, the U.S. Federal Reserve System, an insolvency official with jurisdiction over the administrator for LIBOR, a resolution authority
with jurisdiction over the administrator for LIBOR or a court or an entity with similar insolvency or resolution authority over the administrator
for LIBOR, which states that the administrator of LIBOR has ceased or will cease to provide LIBOR permanently or indefinitely, provided
that, at the time of such statement or publication, there is no successor administrator that will continue to provide LIBOR; or (3) a
public statement or publication of information by the regulatory supervisor for the administrator of LIBOR announcing that LIBOR is no
longer representative.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Transition
Start Date</B>&#8221; means (a) in the case of a Benchmark Transition Event, the earlier of (i) the applicable Benchmark Replacement Date
and (ii) 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 90 days after such statement or publication, the date of such statement or publication) and (b) in the case of an
Early Opt-in Election, the date specified by the Administrative Agent or the Requisite Lenders, as applicable, by notice to the Borrower,
the Administrative Agent (in the case of such notice by the Requisite Lenders) and the Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Unavailability
Period</B>&#8221; means, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred with respect to LIBOR
and solely to the extent that LIBOR has not been replaced with a Benchmark Replacement, the period (x) beginning at the time that such
Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced LIBOR for all purposes hereunder in accordance
with clause (b) of Section 5.2. and (y) ending at the time that a Benchmark Replacement has replaced LIBOR for all purposes hereunder
pursuant to clause (b) of Section 5.2.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Beneficial Ownership
Certification</B>&#8221; means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Beneficial Ownership
Regulation</B>&#8221; means 31 CFR &sect; 1010.230.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benefit Arrangement</B>&#8221;
means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and
which is maintained or otherwise contributed to by any member of the ERISA Group.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>BHC Act
Affiliate</B>&#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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Borrower</B>&#8221;
has the meaning set forth in the introductory paragraph hereof and shall include the Borrower&#8217;s successors and permitted assigns.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Borrower Information</B>&#8221;
has the meaning given that term in Section&nbsp;2.5.(c).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Business
Day</B>&#8221; means (a) a day of the week (but not a Saturday, Sunday or holiday) on which the offices of the Administrative Agent
in San Francisco, California are open to the public for carrying on substantially all of the Administrative Agent&#8217;s business
functions, and (b) if such day relates to a LIBOR Loan, any such day that is also a day on which dealings in Dollars are carried on
in the London interbank market. Unless specifically referenced in this Agreement as a Business Day, all references to
 &#8220;days&#8221; shall be to calendar days.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Capitalization Rate</B>&#8221;
means (a) 7.25% for Properties developed with hotels categorized as Upscale, Upper Upscale or above Full-Service and located within (i)
the central business districts of Boston, Massachusetts, Chicago, Illinois, Borough of Manhattan, New York, Washington, D.C., San Francisco,
California, San Diego, California, (ii) Key West, Florida and (iii) Sausalito, California, or (b) 7.75% for all other Properties. Categorization
of hotels shall be as determined by Smith Travel Research or as otherwise requested by the Borrower and consented to in writing by the
Requisite Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Capitalized Lease
Obligation</B>&#8221; means an obligation under a lease that is required to be capitalized for financial reporting purposes in accordance
with GAAP. The amount of a Capitalized Lease Obligation is the capitalized amount of such obligation as would be required to be reflected
on a balance sheet of the applicable Person prepared in accordance with GAAP as of the applicable date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Cash Collateralize</B>&#8221;
means, to pledge and deposit with or deliver to the Administrative Agent, for the benefit of the applicable Issuing Bank or the Revolving
Lenders, as collateral for Letter of Credit Liabilities or obligations of Revolving Lenders to fund participations in respect of Letter
of Credit Liabilities, cash or deposit account balances or, if the Administrative Agent and the applicable Issuing Bank shall agree in
their sole discretion, other credit support, in each case pursuant to documentation in form and substance satisfactory to the Administrative
Agent and the applicable Issuing Bank. &#8220;Cash Collateral&#8221; shall have a meaning correlative to the foregoing and shall include
the proceeds of such cash collateral and other credit support.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Cash Equivalents</B>&#8221;
means: (a)&nbsp;securities issued, guaranteed or insured by the United States of America or any of its agencies with maturities of not
more than one year from the date acquired; (b)&nbsp;certificates of deposit with maturities of not more than one year from the date acquired
issued by a United States federal or state chartered commercial bank of recognized standing, or a commercial bank organized under the
laws of any other country which is a member of the Organisation for Economic Co-operation and Development, or a political subdivision
of any such country, acting through a branch or agency, which bank has capital and unimpaired surplus in excess of $500,000,000 and which
bank or its holding company has a short&#45;term commercial paper rating of at least A&#45;2 or the equivalent by S&amp;P or at least
P&#45;2 or the equivalent by Moody&#8217;s; (c)&nbsp;reverse repurchase agreements with terms of not more than seven days from the date
acquired, for securities of the type described in clause&nbsp;(a) above and entered into only with commercial banks having the qualifications
described in clause&nbsp;(b) above; (d)&nbsp;commercial paper issued by any Person incorporated under the laws of the United States of
America or any State thereof and rated at least A&#45;2 or the equivalent thereof by S&amp;P or at least P&#45;2 or the equivalent thereof
by Moody&#8217;s, in each case with maturities of not more than one year from the date acquired; and (e)&nbsp;investments in money market
funds registered under the Investment Company Act of 1940, as amended, which have net assets of at least $500,000,000 and at least 85%
of whose assets consist of securities and other obligations of the type described in clauses&nbsp;(a) through (d) above.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Class</B>&#8221;
means (a) when used with respect to a Commitment, refers to whether such Commitment is a Revolving Commitment or Term Loan Commitment,
(b) when used with respect to a Loan, refers to whether such Loan is a Revolving Loan or a Term Loan and (c) when used with respect to
a Lender, refers to whether such Lender has a Loan or Commitment with respect to a particular Class of Loans or Commitments.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Collateral</B>&#8221;
means the Equity Interests of each Issuer (other than the Equity Interests of an Issuer listed on Schedule 1.1.(c) attached hereto until
such time as the applicable Grantor has obtained the consent to the pledge of such Equity Interest pursuant to Section 3(j) of the Pledge
Agreement) and all products and proceeds thereof and other related interests as more fully described as &#8220;Pledged Collateral&#8221;
in the Pledge Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Commitment</B>&#8221;
means, as to each Lender (other than the Swingline Lender), such Lender&#8217;s Revolving Commitment or such Lender&#8217;s Term Loan
Commitment, as the context may require.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Commodity Exchange
Act</B>&#8221; means the Commodity Exchange Act (7 U.S.C. &sect; 1 et seq.) as amended from time to time, and any successor statute.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Compliance Certificate</B>&#8221;
has the meaning given that term in Section&nbsp;9.3.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Connection Income
Taxes</B>&#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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Continue</B>&#8221;,
 &#8220;<B>Continuation</B>&#8221; and &#8220;<B>Continued</B>&#8221; each refers to the continuation of a LIBOR Loan from one Interest
Period to another Interest Period pursuant to Section&nbsp;2.9.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Control</B>&#8221;
means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person,
whether through the ability to exercise voting power, by contract or otherwise. &#8220;Controlling&#8221; and &#8220;Controlled&#8221;
have meanings correlative thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Convert</B>&#8221;,
 &#8220;<B>Conversion</B>&#8221; and &#8220;<B>Converted</B>&#8221; each refers to the conversion of a Loan of one Type into a Loan of
another Type pursuant to Section&nbsp;2.10.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Covenant Relief
Period</B>&#8221; shall mean, the period commencing on the First Amendment Date and ending on the date which is the earlier of (i) the
date the Borrower has delivered a notice to the Administrative Agent electing to terminate the Covenant Relief Period which notice shall
attach calculations demonstrating that the Borrower would have been in compliance with the Financial Covenants (as if neither the Covenant
Relief Period nor any Ratio Adjustment Period was in effect) for the immediately preceding fiscal quarter for which financial statements
have been delivered pursuant to Section 9.1 or Section 9.2 hereof and (ii) <FONT STYLE="color: red"><STRIKE>January</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">April</U></FONT>
1, 2022.</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Covered Entity</B>&#8221;
means any of the following: (i) a &#8220;covered entity&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R.
 &sect;252.82(b); (ii) a &#8220;covered bank&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect;47.3(b);
or (iii) a &#8220;covered FSI&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect;382.2(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Credit Event</B>&#8221;
means any of the following: (a)&nbsp;the making (or deemed making) of any Loan, (b)&nbsp;the Conversion of a Base Rate Loan into a LIBOR
Loan or (c) the issuance of a Letter of Credit or the amendment of a Letter of Credit that extends the maturity, or increases the Stated
Amount, of such Letter of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Credit Rating</B>&#8221;
means the rating assigned by a Rating Agency to the senior unsecured long term Indebtedness of a Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Debtor Relief
Laws</B>&#8221; means the Bankruptcy Code, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of
creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar Applicable Laws relating to the relief of
debtors in the United States of America or other applicable jurisdictions from time to time in effect.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Default</B>&#8221;
means any of the events specified in Section&nbsp;11.1., whether or not there has been satisfied any requirement for the giving of notice,
the lapse of time, or both.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Defaulting Lender</B>&#8221;
means, subject to Section&nbsp;3.9.(f), any Lender that (a)&nbsp;has failed to (i)&nbsp;fund all or any portion of its Loans within 2
Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Administrative Agent and the
Borrower in writing that such failure is the result of such Lender&#8217;s good faith determination that one or more conditions precedent
to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing)
has not been satisfied, or (ii)&nbsp;pay to the Administrative Agent, any Issuing Bank, the Swingline Lender or any other Lender any other
amount required to be paid by it hereunder (including with respect to a Revolving Lender, in respect of its participation in Letters of
Credit or Swingline Loans) within 2 Business Days of the date when due, (b)&nbsp;has notified the Borrower, the Administrative Agent,
any Issuing Bank or the Swingline Lender in writing that it does not intend to comply with its funding obligations hereunder, or has made
a public statement to that effect (unless such writing or public statement relates to such Lender&#8217;s obligation to fund a Loan hereunder
and states that such position is based on such Lender&#8217;s good faith determination that a condition precedent to funding (which condition
precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied),
(c)&nbsp;has failed, within 3 Business Days after written request by the Administrative Agent or the Borrower, to confirm in writing to
the Administrative Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender
shall cease to be a Defaulting Lender pursuant to this clause&nbsp;(c) upon receipt of such written confirmation by the Administrative
Agent and the Borrower), or (d)&nbsp;has, or has a direct or indirect parent company that has, (i)&nbsp;become the subject of a proceeding
under any Debtor Relief Law, (ii)&nbsp;had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the
benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including the Federal Deposit
Insurance Corporation or any other state or federal regulatory authority acting in such a capacity or (iii) become the subject of a Bail-In
Action; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest
in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not
result in or provide such Lender with immunity from the jurisdiction of courts within the United States of America or from the enforcement
of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow
or disaffirm any contracts or agreements made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting
Lender under any one or more of clauses&nbsp;(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&nbsp;3.9.(f)) upon delivery of written notice of such determination to the
Borrower, the Issuing Banks, the Swingline Lender and each Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Default
Right</B>&#8221; has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. &sect;&sect; 252.81,
47.2 or 382.1, as applicable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Derivatives Contract</B>&#8221;
means a &#8220;swap agreement&#8221; as defined in Section&nbsp;101 of the Bankruptcy Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Derivatives Support
Document</B>&#8221; means (a) any Credit Support Annex comprising part of (and as defined in) any Specified Derivatives Contract, and
(b) any document or agreement, pursuant to which cash, deposit accounts, securities accounts or similar financial asset collateral are
pledged to or made available for set-off by, a Specified Derivatives Provider, including any banker&#8217;s lien or similar right, securing
or supporting Specified Derivatives Obligation.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Derivatives Termination
Value</B>&#8221; means, in respect of any one or more Derivatives Contracts, after taking into account the effect of any legally enforceable
netting agreement relating to such Derivatives Contracts, (a)&nbsp;for any date on or after the date such Derivatives Contracts have been
closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b)&nbsp;for any date prior to
the date referenced in clause (a) the amount(s) determined as the mark-to-market value(s) for such Derivatives Contracts, as determined
based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Derivatives Contracts
(which may include the Administrative Agent or any Lender).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Development/Redevelopment
Property</B>&#8221; means (a)&nbsp;a new Property under construction or (b)&nbsp;an existing Property which is undergoing an expansion
pursuant to which the total guest rooms for such Property will be increased by 50% or more. Each Development/Redevelopment Property shall
continue to be classified as a Development/Redevelopment Property hereunder until the achievement of substantial completion with respect
to such Development/Redevelopment Property, following which such Development/Redevelopment Property shall be classified as a Seasoned
Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Disbursement Instruction
Agreement</B>&#8221; means an agreement substantially in the form of Exhibit&nbsp;I to be executed and delivered by the Borrower pursuant
to Section&nbsp;6.1.(a), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative
Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Dollars</B>&#8221;
or &#8220;<B>$</B>&#8221; means the lawful currency of the United States of America.</P>

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

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#8220;<B>Domestic Subsidiary</B>&#8221; means
any Subsidiary that is incorporated or organized under the laws of any state of the United States or the District of Columbia.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Early Opt-in Election</B>&#8221;
means the occurrence of: (1) (i) a determination by the Administrative Agent or (ii) a notification by the Requisite Lenders to the Administrative
Agent (with a copy to the Borrower) that the Requisite Lenders have determined that U.S. dollar-denominated syndicated credit facilities
being executed at such time, or that include language similar to that contained in Section 5.2.(b) &#8211; (e) are being executed or amended,
as applicable, to incorporate or adopt a new benchmark interest rate to replace LIBOR, and (2) (i) the election by the Administrative
Agent or (ii) the election by the Requisite Lenders to declare that an Early Opt-in Election has occurred and the provision, as applicable,
by the Administrative Agent of written notice of such election to the Borrower and the Lenders or by the Requisite Lenders of written
notice of such election to the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EBITDA</B>&#8221;
means, with respect to a Person for any period (without duplication): (a) net income (loss) of such Person for such period determined
on a consolidated basis (before minority interests), exclusive of the following (but only to the extent included in determination of such
net income (loss)): (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) extraordinary or
non-recurring gains and losses; (v) closing costs expensed which are directly attributable to the acquisition of Property; (vi) severance
costs; and (vii) other non-cash charges including, without limitation, impairment charges (other than non-cash charges that constitute
an accrual of a reserve for future cash payments) plus (b) such Person&#8217;s Ownership Share of EBITDA of its Unconsolidated Affiliates.
EBITDA shall be adjusted to remove any impact from (x) non-cash amortization of stock grants to members of the Parent&#8217;s management,
(y) straight line rent leveling adjustments required under GAAP and (z) amortization of intangibles pursuant to FASB ASC 805.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EEA Financial
Institution</B>&#8221; means (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.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EEA Member Country</B>&#8221;
means any of the member states of the European Union, Iceland, Liechtenstein, and Norway.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EEA Resolution Authority</B>&#8221;
means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including
any delegee) having responsibility for the resolution of any EEA Financial Institution.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Effective Date</B>&#8221;
means the later of (a)&nbsp;the Agreement Date or (b)&nbsp;the date on which all of the conditions precedent set forth in Section&nbsp;6.1.
shall have been fulfilled or waived.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Eligible Assignee</B>&#8221;
means any Person that meets the requirements to be an assignee under Section 13.5.(b)(iii), (v) and (vi) (subject to such consents, if
any, as may be required under Section 13.5.(b)(iii)).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Eligible Property</B>&#8221;
means a Property which satisfies all of the following requirements:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; such Property is either (x) an Upper-Upscale, Luxury or Upscale (as defined by Smith Travel Research) hotel located in a major urban market or (y)&nbsp;a destination resort hotel;</P>




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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; such Property is open for business to the public;</P>




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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property is (i) branded by one or more nationally recognized hotel companies or an Affiliate of such a company, (ii) operated as an independent hotel located in a central business district or leisure market or (iii) a destination resort hotel;</P>




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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property is (i) located in one of the 48 contiguous States of the United States of America, the State of Hawaii, or in the District of Columbia or (ii) solely with respect to each Frenchman&rsquo;s Reef Property, located in the U.S. Virgin Islands;</P>




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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; such Property is owned in fee simple or leased under a Ground Lease entirely by the Borrower or a Guarantor (or, on and after the Investment Grade Rating Date, a Wholly Owned Subsidiary) other than any Guarantor (or Wholly Owned Subsidiary) which is an Excluded Subsidiary or Foreign Subsidiary (provided that so long as, prior to the Investment Grade Rating Date, it becomes and remains a Guarantor hereunder, each Frenchman&#8217;s Reef Property may be owned by a Subsidiary organized in the U.S. Virgin Islands);</P>




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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; neither such Property, nor any interest of the Borrower or any Subsidiary therein, is subject to any Lien (other than Permitted Liens (but not Liens of the types described in clauses (f), (g) and (h) of the definition of Permitted Liens));</P>




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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; if such Property is owned or leased by a Subsidiary (i)&nbsp;none of the Borrower&#8217;s direct or indirect ownership interest in such Subsidiary is subject to any Lien (other than Permitted Liens (but not Liens of the types described in clauses (f), (g) and (h) of the definition of Permitted Liens)) or to a Negative Pledge; and (ii)&nbsp;the Borrower directly, or indirectly through a Subsidiary, has the right to take the following actions without the need to obtain the consent of any Person: (x)&nbsp;to sell, transfer or otherwise dispose of such Property and (y)&nbsp;to create a Lien on such Property as security for Indebtedness of the Borrower or such Subsidiary, as applicable;</P>




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

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

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

<P STYLE="text-indent: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property is managed by an Approved Manager;</P>




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

<P STYLE="text-indent: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">(i) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property is covered by property insurance in amounts and upon terms that satisfy criteria set forth in Section 8.5.;</P>




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

<P STYLE="text-indent: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property has all material occupancy and operating permits and licenses required by Applicable Law; and</P>




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

<P STYLE="text-indent: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property is free of all structural defects or major architectural deficiencies, title defects, environmental conditions or other adverse matters except for defects, deficiencies, conditions or other matters which, individually or collectively, are not material to the profitable operation of such Property.</P>




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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Environmental Claims</B>&#8221;
means any and all administrative, regulatory or judicial actions, suits, demands, demand letters, claims, liens, accusations, allegations,
notices of noncompliance or violation, investigations (other than internal reports prepared by any Person in the ordinary course of business
and not in response to any third party action or request of any kind) or proceedings relating in any way to any actual or alleged violation
of or liability under any Environmental Law or relating to any permit issued, or any approval given, under any such Environmental Law,
including, without limitation, any and all claims by Governmental Authorities for enforcement, cleanup, removal, response, remedial or
other actions or damages, contribution, indemnification cost recovery, compensation or injunctive relief resulting from Hazardous Materials
or arising from alleged injury or threat of injury to human health (as it pertains to exposure to Hazardous Materials) or the environment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Environmental Laws</B>&#8221;
means any Applicable Law relating to environmental protection or the manufacture, storage, remediation, disposal or clean&#45;up of Hazardous
Materials including, without limitation, the following: Clean Air Act, 42 U.S.C. &sect; 7401 et seq.; Federal Water Pollution Control
Act, 33 U.S.C. &sect; 1251 et seq.; Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act, 42 U.S.C. &sect;
6901 et seq.; Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. &sect;&nbsp;9601 et seq.; National Environmental
Policy Act, 42 U.S.C. &sect; 4321 et seq.; regulations of the Environmental Protection Agency, any applicable rule of common law relating
primarily to the environment or Hazardous Materials, and any analogous or comparable state or local laws, regulations or ordinances that
concern Hazardous Materials or protection of the environment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Equity Interest</B>&#8221;
means, with respect to any Person, any share of capital stock of (or other ownership or profit interests in) such Person, any warrant,
option or other right for the purchase or other acquisition from such Person of any share of capital stock of (or other ownership or profit
interests in) such Person, any security convertible into or exchangeable for any share of capital stock of (or other ownership or profit
interests in) such Person or warrant, right or option for the purchase or other acquisition from such Person of such shares (or such other
interests), and any other ownership or profit interest in such Person (including, without limitation, partnership, member or trust interests
therein), whether voting or nonvoting, and whether or not such share, warrant, option, right or other interest is authorized or otherwise
existing on any date of determination.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Equity
Issuance</B>&#8221; means any issuance by a Person of any Equity Interest in such Person and shall in any event include (i) the
issuance of any Equity Interest upon the conversion or exchange of any security constituting Indebtedness that is convertible or
exchangeable, or is being converted or exchanged, for Equity Interests, (ii) the issuance of any Preferred Equity Interests, (iii)
any capital contribution made to such Person and (iv) the offering of &#8220;securities&#8221; (as defined under the Securities Act)
in a public offering registered under the Securities Act or an offering not required to be registered under the Securities Act
(including, without limitation, a private placement under Section 4(2) of the Securities Act, an exempt offering pursuant to Rule
144A and/or Regulation S of the Securities Act and an offering of exempt securities).</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Equity Payment Exclusions</B>&#8221;
has the meaning given that term in Section 2.8.(b)(iv).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>ERISA</B>&#8221;
means the Employee Retirement Income Security Act of 1974, as in effect from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>ERISA Event</B>&#8221;
means, with respect to the ERISA Group, (a)&nbsp;any &#8220;reportable event&#8221; as defined in Section&nbsp;4043 of ERISA with respect
to a Plan (unless the 30 day notice requirement with respect to such event has been waived); (b)&nbsp;the withdrawal of a member of the
ERISA Group from a Plan subject to Section&nbsp;4063 of ERISA during a plan year in which it was a &#8220;substantial employer&#8221;
as defined in Section&nbsp;4001(a)(2) of ERISA or a cessation of operations that is treated as such a withdrawal under Section&nbsp;4062(e)
of ERISA; (c)&nbsp;the incurrence by a member of the ERISA Group of any liability with respect to the withdrawal or partial withdrawal
from any Multiemployer Plan; (d)&nbsp;the incurrence by any member of the ERISA Group of any liability under Title&nbsp;IV of ERISA with
respect to the termination of any Plan or Multiemployer Plan; (e)&nbsp;the institution of proceedings to terminate a Plan or Multiemployer
Plan by the PBGC; (f)&nbsp;the failure by any member of the ERISA Group to make when due required contributions to a Multiemployer Plan
or Plan unless such failure is cured within 30 days or the filing pursuant to Section&nbsp;412(c) of the Internal Revenue Code or Section&nbsp;302(c)
of ERISA of an application for a waiver of the minimum funding standard; (g)&nbsp;any other event or condition that might reasonably be
expected to constitute grounds under Section&nbsp;4042 of ERISA for the termination of, or the appointment of a trustee to administer,
any Plan or Multiemployer Plan or the imposition of liability under Section&nbsp;4069 or 4212(c) of ERISA; (h)&nbsp;the receipt by any
member of the ERISA Group of any notice or the receipt by any Multiemployer Plan from any member of the ERISA Group 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 Section&nbsp;4245 of ERISA), or in &#8220;critical&#8221; or &#8220;endangered&#8221; status (within the meaning of Section&nbsp;432
of the Internal Revenue Code or Section&nbsp;305 of ERISA); (i)&nbsp; the imposition of any liability under Title&nbsp;IV of ERISA, other
than for PBGC premiums due but not delinquent under Section&nbsp;4007 of ERISA, upon any member of the ERISA Group or the imposition of
any Lien in favor of the PBGC under Title IV of ERISA; or (j)&nbsp;a determination that a Plan is, or is reasonably expected to be, in
 &#8220;at risk&#8221; status (within the meaning of Section&nbsp;430 of the Internal Revenue Code or Section&nbsp;303 of ERISA).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>ERISA Group</B>&#8221;
means the Borrower, the Parent and all members of a controlled group of corporations and all trades or businesses (whether or not incorporated)
under common control, which, together with the Borrower or the Parent, are treated as a single employer under Section&nbsp;414(b) or (c)
of the Internal Revenue Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EU Bail-In Legislation
Schedule</B>&#8221; means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in
effect from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Eurodollar Reserve
Percentage</B>&#8221; means, for any day, the percentage which is in effect for such day as prescribed by the Board of Governors of the
Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any basic, supplemental
or emergency reserves) in respect of eurocurrency liabilities or any similar category of liabilities for a member bank of the Federal
Reserve System in New York City.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Event of Default</B>&#8221;
means any of the events specified in Section&nbsp;11.1., provided that any requirement for notice or lapse of time or any other condition
has been satisfied.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Excluded Prepayment
Debt</B>&#8221; means (i) the incurrence of Revolving Loans and Swingline Loans, (ii) Government Assistance Indebtedness <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT>(iii) <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U STYLE="color: Blue">the
proceeds of Secured Indebtedness permitted pursuant to Section 10.15(c)(vi), and (iv) </U></FONT>other Indebtedness in an aggregate amount
for all Indebtedness under this clause (<FONT STYLE="color: red"><STRIKE>iii</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>iv</U></FONT>)
not to exceed $10,000,000.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Excluded Subsidiary</B>&#8221;
means any Subsidiary as to which both of the following apply: (a)&nbsp;such Subsidiary holds title to, or beneficially owns, assets which
are or are intended to become collateral for any Secured Indebtedness of such Subsidiary, or is a direct or indirect beneficial owner
of a Subsidiary holding title to or beneficially owning such assets (but having no material assets other than such beneficial ownership
interests); and (b)&nbsp;which (i) is, or is expected to be, prohibited from Guarantying the Indebtedness of any other Person pursuant
to any document, instrument or agreement evidencing such Secured Indebtedness or (ii)&nbsp;is prohibited from Guarantying the Indebtedness
of any other Person pursuant to a provision of such Subsidiary&#8217;s organizational documents which provision was included in such Subsidiary&#8217;s
organizational documents as a condition to the extension of such Secured Indebtedness.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Excluded Swap Obligation</B>&#8221;
means, with respect to any Loan Party, any Swap Obligation if, and to the extent that, all or a portion of the liability of such Loan
Party for or the Guarantee of such Loan Party of, or the grant by such Loan Party of a Lien to secure, such Swap Obligation (or any liability
or 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 liability for or the Guarantee of such Loan Party or the grant of such Lien becomes effective with respect to such Swap
Obligation (such determination being made after giving effect to any applicable keepwell, support or other agreement for the benefit of
the applicable Loan Party, including under any applicable provision of the Guaranty). 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 Lien is or becomes illegal for the reasons identified in the immediately preceding sentence of this definition.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Excluded Taxes</B>&#8221;
means any of the following Taxes imposed on or with respect to a Recipient or required to be withheld or deducted from a payment to a
Recipient, (a)&nbsp;Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each
case, (i)&nbsp;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)&nbsp;that are Other Connection Taxes, (b)&nbsp;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 an Applicable Law in effect
on the date on which (i)&nbsp;such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request
by the Borrower under Section&nbsp;5.8.) or (ii)&nbsp;such Lender changes its lending office, except in each case to the extent that,
pursuant to Section&nbsp;3.10., amounts with respect to such Taxes were payable either to such Lender&#8217;s assignor immediately before
such Lender became a party hereto or to such Lender immediately before it changed its lending office, (c)&nbsp;Taxes attributable to such
Recipient&#8217;s failure to comply with Section&nbsp;3.10.(g) and (d)&nbsp;any withholding Taxes imposed under FATCA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Existing Term Loan</B>&#8221;
means the term loan funded under the Existing Term Loan Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Existing Term Loan
Agreement</B>&#8221; means that certain Term Loan Agreement dated as of October 18, 2018, by and among the Borrower, the Parent, the financial
institutions from time to time party thereto, U.S. Bank National Association, as administrative agent, and the other parties thereto.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Existing Term Loan
Floor</B>&#8221; means a principal balance of the Existing Term Loan equal to $5,000,000.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Extended Letter
of Credit</B>&#8221; has the meaning given that term in Section&nbsp;2.3.(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Existing Credit
Agreement</B>&#8221; has the meaning given such term in the first &#8220;WHEREAS&#8221; clause of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fair Market Value</B>&#8221;
means, (a) with respect to a security listed on a national securities exchange or the NASDAQ National Market, the price of such security
as reported on such exchange or market by any widely recognized reporting method customarily relied upon by financial institutions and
(b) with respect to any other property, the price which could be negotiated in an arm&#8217;s-length free market transaction, for cash,
between a willing seller and a willing buyer, neither of which is under pressure or compulsion to complete the transaction.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>FASB ASC</B>&#8221;
means the Accounting Standards Codification of the Financial Accounting Standards Board.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>FATCA</B>&#8221;
means Sections&nbsp;1471 through&nbsp;1474 of the Internal Revenue 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 Section&nbsp;1471(b)(1) of the Code and any fiscal or regulatory legislation,
rules or practices adopted pursuant to any intergovernmental agreement, treaty or convention among Governmental Authorities and implementing
such Sections of the Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Federal Funds Rate</B>&#8221;
means, for any day, the rate per annum (rounded upward to the nearest 1/100th of 1%) equal to the weighted average of the rates on overnight
Federal funds transactions with members of the Federal Reserve System on such day, as published by the Federal Reserve Bank of New York
on the Business Day next succeeding such day, provided that (a)&nbsp;if such day is not a Business Day, the Federal Funds Rate for such
day shall be such rate on such transactions on the next preceding Business Day, and (b)&nbsp;if no such rate is so published on such next
succeeding Business Day, the Federal Funds Rate for such day shall be the average rate quoted to the Administrative Agent by federal funds
dealers selected by the Administrative Agent on such day on such transaction as determined by the Administrative Agent. If the Federal
Funds Rate determined as provided above would be less than zero, the Federal Funds Rate shall be deemed to be zero.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Federal Reserve
Bank of New York&#8217;s Website</B>&#8221; means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org, or
any successor source.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fee
Letters</B>&#8221; means, collectively, (a) that certain fee letter dated as of June 6, 2019, by and among the Borrower, the Parent,
Wells Fargo and Wells Fargo Securities, LLC, (b) that certain fee letter dated as of May 30, 2019, by and among the Borrower, the
Parent and BofA Securities, Inc., (c) that certain fee letter dated as of June 6,&nbsp;2019, by and among the Borrower, the Parent
and Citigroup Global Capital Markets Inc., (d) that certain fee letter dated as of June 7,&nbsp;2019, by and among the Borrower, the
Parent and U.S. Bank National Association, (e) that certain fee letter dated as of June 21,&nbsp;2019, by and among the Borrower,
KeyBank National Association and KeyBank Capital Markets, (f) that certain fee letter dated as of June 27,&nbsp;2019, by and among
the Borrower, PNC Bank, National Association and PNC Capital Markets LLC, (g) that certain fee letter dated as of July 1,&nbsp;2019,
by and among the Borrower and TD Bank, N.A., (h) that certain fee letter dated as of July 5,&nbsp;2019, by and among the Borrower,
Regions Bank and Regions Capital Markets, (i) that certain fee letter dated as of the First Amendment Date by and among the
Borrower, the Parent, Wells Fargo and Wells Fargo Securities, LLC and (j) that certain fee letter dated as of January 20, 2021, by
and among the Borrower, the Parent, Wells Fargo and Wells Fargo Securities, LLC.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fees</B>&#8221;
means the fees and commissions provided for or referred to in Section&nbsp;3.5. and any other fees payable by the Borrower hereunder,
under any other Loan Document or under the Fee Letters.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>FF&amp;E Reserves</B>&#8221;
means, for any period and with respect to a Property, an amount equal to the greater of (a)&nbsp;4.0% of total gross revenues for such
Property for such period and (b) the aggregate amount of reserves in respect to furniture, fixtures and equipment required under any Property
Management Agreement or Franchise Agreement applicable to such Properties for such period. If the term FF&amp;E Reserves is used without
reference to a specific Property, then the amount shall be determined on an aggregate basis with respect to all Properties of the Parent
and its Subsidiaries and a proportionate share of all Properties of all Unconsolidated Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Financial Covenants</B>&#8221;
means the covenants set forth in clauses (a) &#8211; (f) of Section 10.1.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>First Amendment
Date</B>&#8221; means June 9, 2020.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>First Post Covenant
Relief Period</B>&#8221; has the meaning given to that term in the definition of &#8220;Operating Property Value&#8221;.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fixed Charges</B>&#8221;
means, for any period, the sum of the following (without duplication): (a)&nbsp;Interest Expense of the Parent and its Subsidiaries determined
on a consolidated basis for such period, (b)&nbsp;all regularly scheduled principal payments made with respect to Indebtedness of the
Parent and its Subsidiaries during such period, other than any balloon, bullet or similar principal payment which repays such Indebtedness
in full, (c)&nbsp;all Preferred Dividends paid during such period on Preferred Equity Interests not owned by the Parent or any of its
Subsidiaries and (d) payments in respect of Capitalized Lease Obligations. The Parent&#8217;s pro rata share of the Fixed Charges of Unconsolidated
Affiliates of the Parent shall be included in determinations of Fixed Charges.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Flood Insurance
Laws</B>&#8221; means, collectively, (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute
thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (c) the National
Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto, (d) the Flood Insurance Reform Act
of 2004 as now or hereafter in effect or any successor statute thereto and (e) the Biggert-Waters Flood Insurance Reform Act of 2012 as
now or hereafter in effect or any successor statute thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Foreign Lender</B>&#8221;
means (a)&nbsp;if the Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (b)&nbsp;if the Borrower is not a U.S. Person,
a Lender that is resident or organized under the laws of a jurisdiction other than that in which the Borrower is resident for tax purposes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#8220;<B>Foreign Subsidiary</B>&#8221; means a
Subsidiary that is not a Domestic Subsidiary.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt ">&#8220;<B>Fourth
Amendment Date</B>&#8221; means February 4, 2022.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Franchise Agreement</B>&#8221;
means an agreement permitting the use of the applicable hotel brand name, hotel system trademarks, trade names and any related rights
in connection with the ownership or operation of a Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Frenchman&#8217;s
Reef</B>&#8221; means, collectively, all Frenchman&#8217;s Reef Properties.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Frenchman&#8217;s
Reef Property</B>&#8221; means each property that will replace what is currently known as &#8220;Frenchman&#8217;s Reef &amp; Morning
Star Marriott Beach Resort&#8221; and located at 5 Estate Bakkeroe, Charlotte Amelie, St. Thomas 00802, U.S. Virgin Islands.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fronting Exposure</B>&#8221;
means, at any time there is a Defaulting Lender that is a Revolving Lender, (a) with respect to each Issuing Bank, such Defaulting Lender&#8217;s
Revolving Commitment Percentage of the outstanding Letter of Credit Liabilities attributable to such Issuing Bank other than Letter of
Credit Liabilities as to which such Defaulting Lender&#8217;s participation obligation has been reallocated to other Revolving Lenders
or Cash Collateralized in accordance with the terms hereof and (b)&nbsp;with respect to the Swingline Lender, such Defaulting Lender&#8217;s
Revolving Commitment Percentage of outstanding Swingline Loans other than Swingline Loans as to which such Defaulting Lender&#8217;s participation
obligation has been reallocated to other Revolving Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fund</B>&#8221;
means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial
loans and similar extensions of credit in the ordinary course of its activities.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>GAAP</B>&#8221;
means generally accepted accounting principles in the United States of America set forth in the opinions and pronouncements of the Accounting
Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting
Standards Board (including Statement of Financial Accounting Standards No. 168, &#8220;The FASB Accounting Standards Codification&#8221;)
or in such other statements by such other entity as may be approved by a significant segment of the accounting profession in the United
States of America, which are applicable to the circumstances as of the date of determination.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Governmental Approvals</B>&#8221;
means all authorizations, consents, approvals, licenses and exemptions of, registrations and filings with, and reports to, all Governmental
Authorities.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Government Assistance
Indebtedness</B>&#8221; means unsecured Indebtedness of the Parent, the Borrower or any of their Subsidiaries incurred pursuant to federal,
state or local stimulus plans in response to the COVID-19 pandemic from any Governmental Authority (including, but not limited to, loans
provided by the U.S. Small Business Administration) so long as the proceeds of such Indebtedness are used in compliance with all provisions
and requirements of the applicable act including any provisions and requirements applicable for such Indebtedness to be forgiven.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Governmental Authority</B>&#8221;
means any national, state or local government (whether domestic or foreign), any political subdivision thereof or any other governmental,
quasi&#45;governmental, judicial, administrative, public or statutory instrumentality, authority, body, agency, bureau, commission, board,
department or other entity (including, without limitation, the Federal Deposit Insurance Corporation, the Comptroller of the Currency
or the Federal Reserve Board, any central bank or any comparable authority) exercising executive, legislative, judicial, taxing, regulatory
or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or
the European Central Bank), or any arbitrator with authority to bind a party at law.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Grantor</B>&#8221;
means each Person party to the Pledge Agreement as a pledgor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Ground
Lease</B>&#8221; means (i) so long as there are no material adverse changes to the ground lease applicable thereto effected after
the Effective Date, United States Department of the Interior National Park Service Lease Fort Baker at Golden Gate National
Recreation Area dated December 7, 2006 (as amended prior to the Effective Date) and (ii) a ground lease containing the following
terms and conditions: (a)&nbsp;a remaining term (exclusive of any unexercised extension options) of 50 years or more from the
Agreement Date; (b)&nbsp;the right of the lessee to mortgage and encumber its interest in the leased property without the consent of
the lessor, or, if consent is required, such consent has been obtained or is required to be given upon the satisfaction of
conditions reasonably acceptable to the Administrative Agent; (c)&nbsp;the obligation of the lessor to give the holder of any
mortgage Lien on such leased property written notice of any defaults on the part of the lessee and agreement of such lessor that
such lease will not be terminated until such holder has had a reasonable opportunity to cure or complete foreclosures, and fails to
do so; (d)&nbsp;transferability of the lessee&#8217;s interest under such lease, including ability to sublease without lessor
consent or, if consent is required, such consent is required to be given upon the satisfaction of conditions reasonably acceptable
to the Administrative Agent; and (e)&nbsp;such other rights customarily required by mortgagees making a loan secured by the interest
of the holder of the leasehold estate demised pursuant to a ground lease.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Guaranteed Obligations</B>&#8221;
means, collectively, (a)&nbsp;the Obligations and (b)&nbsp;all existing or future payment and other obligations owing by any Loan Party
under any Specified Derivatives Contract (other than any Excluded Swap Obligation).</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Guarantor</B>&#8221;
means any Person that is a party to the Guaranty as a &#8220;Guarantor&#8221; and, in any event, shall include the Parent and each Subsidiary
required to provide a Guaranty pursuant to Section 6.1. or Section 8.14.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Guaranty</B>&#8221;,
 &#8220;<B>Guaranteed</B>&#8221;, &#8220;<B>Guarantying</B>&#8221; or to &#8220;<B>Guarantee</B>&#8221; as applied to any obligation means
and includes: (a)&nbsp;a guaranty (other than by endorsement of negotiable instruments for collection or deposit in the ordinary course
of business), directly or indirectly, in any manner, of any part or all of such obligation, or (b)&nbsp;an agreement, direct or indirect,
contingent or otherwise, and whether or not constituting a guaranty, the practical effect of which is to assure the payment or performance
(or payment of damages in the event of nonperformance) of any part or all of such obligation whether by: (i)&nbsp;the purchase of securities
or obligations, (ii)&nbsp;the purchase, sale or lease (as lessee or lessor) of property or the purchase or sale of services primarily
for the purpose of enabling the obligor with respect to such obligation to make any payment or performance (or payment of damages in the
event of nonperformance) of or on account of any part or all of such obligation, or to assure the owner of such obligation against loss,
(iii)&nbsp;the supplying of funds to or in any other manner investing in the obligor with respect to such obligation, (iv)&nbsp;repayment
of amounts drawn down by beneficiaries of letters of credit (including Letters of Credit), or (v)&nbsp;the supplying of funds to or investing
in a Person on account of all or any part of such Person&#8217;s obligation under a Guaranty of any obligation or indemnifying or holding
harmless, in any way, such Person against any part or all of such obligation. Obligations in respect of customary performance guaranties
and Guaranties constituting Nonrecourse Indebtedness shall not be deemed to give rise to Indebtedness or otherwise constitute a Guaranty
except as otherwise provided in the definition of &#8220;Nonrecourse Indebtedness&#8221;. As the context requires, &#8220;Guaranty&#8221;
shall also mean the Amended and Restated Guaranty executed and delivered pursuant to Section&nbsp;6.1. and substantially in the form of
Exhibit&nbsp;B.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Hazardous Materials</B>&#8221;
means all or any of the following: (a)&nbsp;substances that are defined or listed in, or otherwise classified pursuant to, any applicable
Environmental Laws as &#8220;hazardous substances&#8221;, &#8220;hazardous materials&#8221;, &#8220;hazardous wastes&#8221;, &#8220;toxic
substances&#8221; or any other formulation intended to define, list or classify substances by reason of deleterious properties such as
ignitability, corrosivity, reactivity, carcinogenicity, reproductive toxicity, &#8220;TCLP&#8221; toxicity, or &#8220;EP toxicity&#8221;;
(b)&nbsp;oil, petroleum or petroleum derived substances, natural gas, natural gas liquids or synthetic gas and drilling fluids, produced
waters and other wastes associated with the exploration, development or production of crude oil, natural gas or geothermal resources;
(c)&nbsp;any flammable substances or explosives or any radioactive materials; (d)&nbsp;asbestos in any form; (e) toxic mold; and (f)&nbsp;electrical
equipment which contains any oil or dielectric fluid containing levels of polychlorinated biphenyls in excess of fifty parts per million.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Implied
Debt Service</B>&#8221; means (a) a given principal balance of Indebtedness multiplied by (b)&nbsp;the greatest of (i)&nbsp;10% per annum,
(ii)&nbsp;the highest per annum interest rate then applicable to any of the outstanding principal balance of the Loans and (iii)&nbsp;a
mortgage debt constant for a loan calculated using a per annum interest rate equal to the yield on a 10 year United States Treasury Note
at such time as determined by the Administrative Agent plus 3.50% and amortizing in full in a 25-year period.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&#8220;<B>Indebtedness</B>&#8221;
means, with respect to a Person, at the time of computation thereof, all of the following (without duplication): (a)&nbsp;all
obligations of such Person in respect of money borrowed (other than trade debt incurred in the ordinary course of business which is
not more than 180 days past due); (b)&nbsp;all obligations of such Person, whether or not for money borrowed (other than trade debt
incurred in the ordinary course of business which is not more than 180 days past due) (i)&nbsp;represented by notes payable, or
drafts accepted, in each case representing extensions of credit, (ii)&nbsp;evidenced by bonds, debentures, notes or similar
instruments, or (iii)&nbsp;constituting purchase money indebtedness, conditional sales contracts, title retention debt instruments
or other similar instruments, upon which interest charges are customarily paid or that are issued or assumed as full or partial
payment for property or services rendered; (c)&nbsp;Capitalized Lease Obligations of such Person; (d)&nbsp;all reimbursement
obligations of such Person under any letters of credit or acceptances (whether or not the same have been presented for payment);
(e)&nbsp;all Off-Balance Sheet Obligations of such Person; (f)&nbsp;all obligations of such Person to purchase, redeem, retire,
defease or otherwise make any payment in respect of any Mandatorily Redeemable Stock issued by such Person or any other Person,
valued at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g)&nbsp;all
obligations of such Person in respect of any (i) purchase obligation, repurchase obligation or takeout commitment, in each case
evidenced by a binding agreement and to the extent such obligation is to acquire Equity Interests of another Person, assets of
another Person that constitute the business or a division or operating unit of such Person, real estate, bonds, debentures, notes or
similar instruments or (ii) forward equity commitment evidenced by a binding agreement (provided, however that this clause (g) shall
exclude any such obligation to the extent the obligation can be satisfied by the issuance of Equity Interests (other than
Mandatorily Redeemable Stock)); (h)&nbsp;net obligations under any Derivatives Contract not entered into as a hedge against
Indebtedness existing from time to time, in an amount equal to the Derivatives Termination Value thereof; (i)&nbsp;all Indebtedness
of other Persons which such Person has Guaranteed or is otherwise recourse to such Person (except for Guaranties constituting
Nonrecourse Indebtedness); (j)&nbsp;all Indebtedness of another Person 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 or assets owned by such Person, even though such
Person has not assumed or become liable for the payment of such Indebtedness or other payment obligation and (k)&nbsp;such
Person&#8217;s Ownership Share of the Indebtedness of any Unconsolidated Affiliate of such Person. Indebtedness of any Person shall
include Indebtedness of any partnership or joint venture in which such Person is a general partner or joint venturer to the extent
of such Person&#8217;s Ownership Share of the ownership of such partnership or joint venture (except if such Indebtedness, or
portion thereof, is recourse (other than in respect of exceptions referred to in the definition of Nonrecourse Indebtedness) to such
Person, in which case the greater of such Person&#8217;s Ownership Share of such Indebtedness or the amount of such recourse portion
of the Indebtedness, shall be included as Indebtedness of such Person). All Loans and Letter of Credit Liabilities shall constitute
Indebtedness of the Borrower. Notwithstanding the foregoing, (A) in the case of any Nonrecourse Indebtedness as to which recourse
for payment thereof is expressly limited to the property or asset on which a Lien is granted, such Indebtedness shall be valued at
the lesser of (i) the stated or determinable amount of the Indebtedness that is so secured or, if not stated or determinable, the
maximum reasonably anticipated liability in respect thereof subject to confirmation by the Administrative Agent in its reasonable
discretion and (ii) the Fair Market Value of such property or asset; and (B) in the case of any Indebtedness of other Persons which
such Person has Guaranteed, the amount of such Indebtedness attributable to such Person shall be </FONT>equal to the lesser of the
stated or determinable amount of the Indebtedness such Person Guaranteed or, if the amount of such Indebtedness is not stated or
determinable, the maximum reasonably anticipated liability in respect thereof <FONT STYLE="font-size: 10pt">subject to confirmation
by the Administrative Agent in its reasonable discretion. The calculation of Indebtedness shall not include any fair value
adjustments to the carrying value of liabilities to record such Indebtedness at fair value pursuant to electing the fair value
option election under FASB ASC 825-10-25 (formerly known as FAS 159, The Fair Value Option for Financial Assets and Financial
Liabilities) or other FASB standards allowing entities to elect fair value option for financial liabilities.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Indemnified Taxes</B>&#8221;
means (a)&nbsp;Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of
the Borrower or any other Loan Party under any Loan Document and (b)&nbsp;to the extent not otherwise described in the immediately preceding
clause&nbsp;(a), Other Taxes.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Intellectual Property</B>&#8221;
has the meaning given that term in Section&nbsp;7.1.(t).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Intercreditor Agreement</B>&#8221;
means that certain Intercreditor Agreement, dated as of the First Amendment Date, by and among the Administrative Agent, U.S. Bank National
Association, in its capacity as administrative agent under the Existing Term Loan Agreement and each Grantor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Interest Expense</B>&#8221;
means, with respect to a Person and for any period, and without duplication (a)&nbsp;all paid, accrued or capitalized interest expense
(including, without limitation, capitalized interest expense (other than capitalized interest funded from a construction loan interest
reserve account held by another lender and not included in the calculation of cash for balance sheet reporting purposes) and interest
expense attributable to Capitalized Lease Obligations) of such Person and in any event shall include all letter of credit fees and all
interest expense with respect to any Indebtedness in respect of which such Person is wholly or partially liable whether pursuant to any
repayment, interest carry, performance guarantee or otherwise, plus (b)&nbsp;to the extent not already included in the foregoing clause&nbsp;(a),
such Person&#8217;s Ownership Share of all paid, accrued or capitalized interest expense for such period of Unconsolidated Affiliates
of such Person. The term &#8220;Interest Expense&#8221; shall exclude all costs and expenses of defeasing any Indebtedness encumbering
any Property following the acquisition thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Interest Period</B>&#8221;
means with respect to each LIBOR Loan, each period commencing on the date such LIBOR Loan is made, or in the case of the Continuation
of a LIBOR Loan the last day of the preceding Interest Period for such Loan, and ending on the numerically corresponding day in the first,
third or sixth calendar month thereafter, as the Borrower may select in a Notice of Borrowing, Notice of Continuation or Notice of Conversion,
as the case may be, except that each Interest Period that commences on the last Business Day of a calendar month (or on any day for which
there is no numerically corresponding day in the appropriate subsequent calendar month) shall end on the last Business Day of the appropriate
subsequent calendar month. Notwithstanding the foregoing: (i)&nbsp;if any Interest Period for a Class of Loans would otherwise end after
the Termination Date for such Class, such Interest Period shall end on such Termination Date; and (ii)&nbsp;each Interest Period that
would otherwise end on a day which is not a Business Day shall end on the immediately following Business Day (or, if such immediately
following Business Day falls in the next calendar month, on the immediately preceding Business Day).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Internal Revenue
Code</B>&#8221; means the Internal Revenue Code of 1986, as amended.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Investment</B>&#8221;
means, with respect to any Person, any acquisition or investment (whether or not of a controlling interest) by such Person, by means
of any of the following: (a)&nbsp;the purchase or other acquisition of any Equity Interest in another Person, (b) a loan, advance or
extension of credit to, capital contribution to, Guaranty of Indebtedness of, or purchase or other acquisition of any Indebtedness
of, 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 assets of another Person that constitute the business or a division
or operating unit of another Person. Any binding commitment to make an Investment in any other Person, as well as any option of
another Person to require an Investment in such Person, shall constitute an Investment. Except as expressly provided otherwise, for
purposes of determining compliance with any covenant contained in a Loan Document, the amount of any Investment shall be the amount
actually invested, without adjustment for subsequent increases or decreases in the value of such Investment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Investment Grade
Rating</B>&#8221; means a Credit Rating of BBB- (or equivalent) or higher from S&amp;P and Baa3 (or equivalent) or higher from Moody&#8217;s.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Investment Grade
Rating Date</B>&#8221; means the date specified by the Borrower in a written notice to the Administrative Agent after the Parent or the
Borrower obtains an Investment Grade Rating from either Moody&#8217;s or S&amp;P; provided, however, in any event, the Investment Grade
Rating Date shall not be deemed to have occurred prior to the last day of the Restriction Period.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>ISP</B>&#8221; means,
with respect to any Letter of Credit, the &#8220;International Standby Practices 1998&#8221; published by the Institute of International
Banking Law &amp; Practice (or such later version thereof as may be in effect at the time of issuance).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Issuer</B>&#8221;
means each Subsidiary of the Borrower that directly or indirectly owns, or leases pursuant to a Ground Lease, an Unencumbered Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Issuing Banks</B>&#8221;
means each of Wells Fargo, Bank of America, N.A., Citibank, N.A., and U.S. Bank National Association in its capacity as an issuer of Letters
of Credit pursuant to Section&nbsp;2.3.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>L/C Commitment Amount</B>&#8221;
has the meaning given that term in Section 2.3.(a).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>L/C Disbursement</B>&#8221;
has the meaning given to that term in Section&nbsp;3.9.(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Lender</B>&#8221;
means each financial institution from time to time party hereto as a &#8220;Lender&#8221;, together with its respective successors and
permitted assigns, and, as the context requires, includes the Swingline Lender; provided, however, that the term &#8220;Lender&#8221;
except as otherwise expressly provided herein, shall exclude any Lender (or its Affiliates) in its capacity as a Specified Derivatives
Provider.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Lender Parties</B>&#8221;
means, collectively, the Administrative Agent, the Lenders, the Issuing Banks, the Specified Derivatives Providers, each co-agent or sub-agent
appointed by the Administrative Agent from time to time pursuant to Section&nbsp;12.8, any other holder from time to time of any of any
Obligations and, in each case, their respective successors and permitted assigns.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Lending Office</B>&#8221;
means, for each Lender and for each Type of Loan, the office of such Lender specified in such Lender&#8217;s Administrative Questionnaire
or in the applicable Assignment and Assumption, or such other office of such Lender as such Lender may notify the Administrative Agent
in writing from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Letter of Credit</B>&#8221;
has the meaning given that term in Section&nbsp;2.3.(a).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Letter of Credit
Collateral Account</B>&#8221; means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative
Agent, the Issuing Banks and the Revolving Lenders, and under the sole dominion and control of the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Letter
of Credit Documents</B>&#8221; means, with respect to any Letter of Credit, collectively, any application therefor, any certificate or
other document presented in connection with a drawing under such Letter of Credit and any other agreement, instrument or other document
governing or providing for (a)&nbsp;the rights and obligations of the parties concerned or at risk with respect to such Letter of Credit
or (b)&nbsp;any collateral security for any of such obligations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Letter of Credit
Liabilities</B>&#8221; means, without duplication, at any time and in respect of any Letter of Credit, the sum of (a) the Stated Amount
of such Letter of Credit plus (b) the aggregate unpaid principal amount of all Reimbursement Obligations of the Borrower at such time
due and payable in respect of all drawings made under such Letter of Credit. For purposes of this Agreement, (i) a Revolving Lender (other
than a Revolving Lender in its capacity as an Issuing Bank of a Letter of Credit) shall be deemed to hold a Letter of Credit Liability
in an amount equal to its participation interest under Section 2.3. in such Letter of Credit, and the Revolving Lender that is the Issuing
Bank of such Letter of Credit shall be deemed to hold a Letter of Credit Liability in an amount equal to its retained interest in such
Letter of Credit after giving effect to the acquisition by the Revolving Lenders (other than the Revolving Lender then acting as the Issuing
Bank of such Letter of Credit) of their participation interests under such Section and (ii)&nbsp;if on any date of determination a Letter
of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such
Letter of Credit shall be deemed to be &#8220;outstanding&#8221; in the amount so remaining available to be drawn.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Level</B>&#8221;
means each numerical level set forth below the column entitled &#8220;Level&#8221; in the definition of &#8220;Applicable Margin&#8221;.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Leverage Ratio</B>&#8221;
means the ratio, expressed as a percentage, of (i)&nbsp;Net Indebtedness to (ii)&nbsp;Total Asset Value.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Leverage Ratio Surge
Period</B>&#8221; has the meaning given to that term in Section 10.1.(a).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>LIBOR</B>&#8221;
means, subject to implementation of a Benchmark Replacement in accordance with Section 5.2.(b), with respect to any LIBOR Loan for any
Interest Period, the rate of interest obtained by dividing (i) the rate of interest per annum determined on the basis of the rate for
deposits in Dollars for a period equal to the applicable Interest Period as published by ICE Benchmark Administration Limited, a United
Kingdom Company, or a comparable or successor quoting service reasonably approved by the Agent, at approximately 11:00 a.m. (London time)
two Business Days prior to the first day of the applicable Interest Period by (ii) 1 minus the Eurodollar Reserve Percentage. If, for
any reason, the rate referred to in the preceding clause (i) is not so published, then the rate to be used for such clause (i) shall be
determined by the Administrative Agent to be the arithmetic average of the rate per annum at which deposits in Dollars would be offered
by first class banks in the London interbank market to the Administrative Agent at approximately 11:00 a.m. (London time) two Business
Days prior to the first day of the applicable Interest Period for a period equal to such Interest Period. Any change in the maximum rate
or reserves described in the preceding clause (ii) shall result in a change in LIBOR on the date on which such change in such maximum
rate becomes effective. Notwithstanding the foregoing, (x) in no event shall LIBOR (including, without limitation, any Benchmark Replacement
with respect thereto) be less than 0.25% and (y) unless otherwise specified in any amendment to this Agreement entered into in accordance
with Section 5.2.(b), in the event that a Benchmark Replacement with respect to LIBOR is implemented then all references herein to LIBOR
shall be deemed references to such Benchmark Replacement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>LIBOR Loan</B>&#8221;
means a Loan (or any portion thereof) (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>LIBOR
Market Index Rate</B>&#8221; means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest
Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior
to the first day of such Interest Period as otherwise provided in the definition of &#8220;LIBOR&#8221;), or if such day is not a Business
Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Lien</B>&#8221;
as applied to the property of any Person means: (a) any security interest, encumbrance, mortgage, deed to secure debt, deed of trust,
assignment of leases and rents, pledge, lien, charge or lease constituting a Capitalized Lease Obligation, conditional sale or other title
retention agreement, or other security title or encumbrance of any kind in respect of any property of such Person, or upon the income,
rents or profits therefrom; (b) any arrangement, express or implied, under which any property of such Person is transferred, sequestered
or otherwise identified for the purpose of subjecting the same to the payment of Indebtedness or performance of any other obligation in
priority to the payment of the general, unsecured creditors of such Person; (c) the filing of any financing statement under the Uniform
Commercial Code or its equivalent in any jurisdiction, other than any precautionary filing not otherwise constituting or giving rise to
a Lien, including a financing statement filed (i) in respect of a lease not constituting a Capitalized Lease Obligation pursuant to Section
9-505 (or a successor provision) of the Uniform Commercial Code or its equivalent as in effect in an applicable jurisdiction or (ii) in
connection with a sale or other disposition of accounts or other assets not prohibited by this Agreement in a transaction not otherwise
constituting or giving rise to a Lien; and (d) any agreement by such Person to grant, give or otherwise convey any of the foregoing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Loan</B>&#8221;
means a Revolving Loan, a Swingline Loan or a Term Loan.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Loan Document</B>&#8221;
means this Agreement, each Note, each Letter of Credit Document, the Guaranty, the Pledge Agreement, the Intercreditor Agreement and each
other document or instrument now or hereafter executed and delivered by a Loan Party in connection with, pursuant to or relating to this
Agreement (excluding the Fee Letters).</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Loan Party</B>&#8221;
means the Borrower, the Parent, each other Guarantor and each Grantor. Schedule 1.1.(b) sets forth the Loan Parties in addition to the
Borrower and the Parent as of the First Amendment Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Mandatorily Redeemable
Stock</B>&#8221; means, with respect to any Person, any Equity Interest of such Person which by the terms of such Equity Interest (or
by the terms of any security into which it is convertible or for which it is exchangeable or exercisable), upon the happening of any event
or otherwise (a) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise (other than an Equity Interest
to the extent redeemable in exchange for common stock or other equivalent common Equity Interests), (b) is convertible into or exchangeable
or exercisable for Indebtedness or Mandatorily Redeemable Stock, or (c) is redeemable at the option of the holder thereof, in whole or
in part (other than an Equity Interest which is redeemable solely in exchange for common stock or other equivalent common Equity Interests),
in each case on or prior to the date on which all Loans are scheduled to be due and payable in full.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Material Acquisition</B>&#8221;
means any acquisition (whether by direct purchase, merger or otherwise and whether in one or more related transactions) by the Parent,
the Borrower or any Subsidiary in which the purchase price of the assets acquired exceeds an amount equal to 10% of Total Asset Value
as of the last day of the most recently ended fiscal quarter prior to the consummation of such acquisition of the Parent for which financial
statements are publicly available.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Material
Adverse Effect</B>&#8221; means a materially adverse effect on (a) the business, assets, liabilities, financial condition or results of
operations of the Parent and its Subsidiaries, or the Borrower and its Subsidiaries, in each case, taken as a whole, (b) the ability of
the Borrower or any other Loan Party to perform its obligations under any Loan Document to which it is a party, (c) the validity or enforceability
of any of the material provisions of the Loan Documents, or (d) the material rights and remedies of the Lenders and the Administrative
Agent under any of the Loan Documents.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Material Contract</B>&#8221;
means any contract or other arrangement (other than Loan Documents), whether written or oral, to which the Parent, the Borrower, or any
other Subsidiary is a party as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably
be expected to have a Material Adverse Effect.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Material Subsidiary</B>&#8221;
means (a) (x) any Subsidiary that owns in fee simple, or leases pursuant to a ground lease, an Unencumbered Property or (y) any Subsidiary
(other than an Excluded Subsidiary or Foreign Subsidiary) to which more than 5% of Total Asset Value is attributable on an individual
basis or (b) any Subsidiary that owns any Equity Interest in any Subsidiary in the foregoing clause (a).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Moody&#8217;s</B>&#8221;
means Moody&#8217;s Investors Service, Inc. and its successors.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Mortgage</B>&#8221;
means a mortgage, deed of trust, deed to secure debt or similar security instrument made by a Person owning an interest in real property
granting a Lien on such interest in real property as security for the payment of Indebtedness of such Person or another Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Mortgage Receivable</B>&#8221;
means a promissory note secured by a Mortgage of which the Parent, the Borrower or another Subsidiary is the holder and retains the rights
of collection of all payments thereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Multiemployer Plan</B>&#8221;
means at any time a multiemployer plan within the meaning of Section 4001(a)(3) of ERISA, subject to Title IV of ERISA, to which any member
of the ERISA Group is then making or accruing an obligation to make contributions or has within the preceding six plan years made contributions,
including for these purposes any Person which ceased to be a member of the ERISA Group during such six-year period.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Negative Pledge</B>&#8221;
means, with respect to a given asset, any provision of a document, instrument or agreement (other than any Loan Document or Specified
Derivatives Contract) which prohibits or purports to prohibit the creation or assumption of any Lien on such asset as security for Indebtedness
of the Person owning such asset or any other Person; provided, however, that an agreement that conditions a Person&#8217;s ability to
encumber its assets upon the maintenance of one or more specified ratios that limit such Person&#8217;s ability to encumber its assets
but that do not generally prohibit the encumbrance of its assets, or the encumbrance of specific assets, shall not constitute a Negative
Pledge.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Net Asset Sale
Proceeds</B>&#8221; means (a) the aggregate cash proceeds received by the Parent, the Borrower or any of their Subsidiaries in
respect of any Asset Sale by the Parent, the Borrower or any such Subsidiary (including any cash received upon the sale or other
disposition of any non-cash consideration or Cash Equivalents substantially concurrently received as consideration in any Asset
Sale, but only as and when received), <U>minus</U> (b) without duplication (i) any deduction of amounts to be provided by the
Parent, the Borrower or any of its Subsidiaries as a reserve in accordance with GAAP against any liabilities associated with such
Asset Sale and retained by the Parent, the Borrower or any of their Subsidiaries after such Asset Sale; provided that such reserved
amounts will be deemed to be Net Asset Sale Proceeds to the extent and at the time of any reversal thereof (to the extent not
applied to the satisfaction of any applicable liabilities in cash in a corresponding amount), (ii) the principal amount, premium or
penalty, if any, interest and other amounts with respect to any Indebtedness secured either by a Permitted Lien or by a Lien on the
asset of an Excluded Subsidiary securing the Indebtedness which causes such Subsidiary to be an Excluded Subsidiary which Lien, in
each case, attaches to an <FONT STYLE="font-size: 10pt">asset subject to such Asset Sale (other than (A) Indebtedness owing to the
Administrative Agent or any Lender under this Agreement or the other Loan Documents, (B) Indebtedness under the Existing Term Loan
Agreement and (C) Indebtedness assumed by the purchaser of such asset) which Indebtedness is required to be, and is, repaid in
connection with such Asset Sale and (iii) any bona fide costs incurred in connection with any Asset Sale including legal, accounting
and investment banking fees, brokerage and sales commissions, and income Taxes payable as a result of any gain recognized in
connection therewith, in each case under this clause (b), to the extent such amounts are not payable to an Affiliate of the Parent,
the Borrower or their Subsidiaries (provided that such amounts may pass through an Affiliate to be paid to a non-Affiliate
recipient). Notwithstanding the foregoing, Net Asset Sale Proceeds shall not include (I) an amount of up to $10,000,000 (in the
aggregate) of cash proceeds received by the Parent, the Borrower or their Subsidiaries from Asset Sales described in clause (ii) of
the definition thereof and (II) <FONT STYLE="color: red"><STRIKE>an amount of up to $300,000,000 (in the aggregate) of </STRIKE></FONT>cash
proceeds (&#8220;UP Retained Proceeds&#8221;) received by the Parent, the Borrower or their Subsidiaries from Asset Sales of
Unencumbered Properties (or the Equity Interests of a direct or indirect owner of Unencumbered Properties) <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>either
(x) permitted pursuant to this clause (II) as in effect prior to the Fourth Amendment Date or (y) in an amount of up to $300,000,000
(in the aggregate) from and after the Fourth Amendment Date, in each case, </U></FONT></FONT><FONT STYLE="font-size: 10pt">if UP
Retained Proceeds are used by the Borrower or its Subsidiaries on or before <FONT STYLE="color: red"><STRIKE>the earlier of (x) </STRIKE></FONT>the
date which is 180 days from the date of the applicable Asset Sale (provided that, if the Borrower notifies the Administrative Agent
within such 180 day period of its intent to reinvest such proceeds in an Unencumbered Property (or the Equity Interests of a direct
or indirect owner of an Unencumbered Property), such initial 180 day period may be extended by the Administrative Agent) <FONT STYLE="color: red"><STRIKE>and
(y) December 31, 2021</STRIKE></FONT>, to purchase one or more Properties (or the Equity Interests of a direct or indirect owner of
Properties) which become Unencumbered Properties hereunder (including the provision of any Guarantees required pursuant to Section
8.14.(a) and the pledge of the Equity Interests of the applicable Issuers under Section 8.17) prior to such <FONT STYLE="color: red"><STRIKE>earlier </STRIKE></FONT>date;
provided that if the UP Retained Proceeds are not so used (or such Property does not become an Unencumbered Property hereunder)
prior to such <FONT STYLE="color: red"><STRIKE>earlier </STRIKE></FONT>date, the UP Retained Proceeds shall become Net Asset Sale
Proceeds and shall be required to be applied to Indebtedness pursuant to Section 2.8(b)(v)(C) immediately <FONT STYLE="color: red"><STRIKE>(and,
in any event, no later than December 31, 2021)</STRIKE></FONT>. </FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Net Indebtedness</B>&#8221;
means (a) Total Indebtedness minus (b) the amount, if any, by which the aggregate amount of the Parent&#8217;s and its Subsidiaries&#8217;
unrestricted and Lien-free cash and Cash Equivalents exceeds $15,000,000.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Net
Insurance/Condemnation Proceeds</B>&#8221; means (a) the aggregate cash payments or proceeds received by the Parent, the Borrower or
any of their Subsidiaries in excess of $10,000,000 (either individually or in the aggregate with any other cash payments or proceeds
so received after the First Amendment Date) (i) under any property, casualty or other insurance policy (excluding any business
interruption insurance policy) in respect of a covered loss thereunder or (ii) as a result of the taking of any assets of the
Parent, the Borrower or any of their Subsidiaries by any Person pursuant to the power of eminent domain, condemnation or otherwise,
or pursuant to a sale of any such assets to a purchaser with such power under threat of such a taking, <U>minus</U> (b) without
duplication (i) any actual and reasonable costs incurred by Parent or any of its Subsidiaries in connection with the adjustment or
settlement of any claims of the Parent, the Borrower or such Subsidiary in respect thereof, and (ii) any bona fide costs incurred in
connection with any sale of such assets as referred to in clause (a)(ii) of this definition, including income Taxes payable as a
result of any gain recognized in connection therewith, in each case under this clause (b), to the extent such amounts are not
payable to an Affiliate of the Parent, the Borrower or their Subsidiaries (provided that such amounts may pass through an Affiliate
to be paid to a non-Affiliate recipient) <U>minus</U> (c) the amount of such cash payments and proceeds described in clause (a)
which are or will be reinvested within 180 days of receipt thereof in Properties or other long term productive assets of the general
type used in the business of the Parent, the Borrower and their Subsidiaries, which reinvestment may include the repair, restoration
or replacement of the applicable assets thereof (and, in the case of proceeds resulting from a covered loss to an Eligible Property,
such proceeds must be reinvested in an Eligible Property); provided that if the Borrower notifies the Administrative Agent within
such 180 days of its intent to reinvest such payments and proceeds, such initial 180 day period may be extended to up to eighteen
months (or such later date as may be agreed to by the Administrative Agent).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Net Operating Income</B>&#8221;
or &#8220;<B>NOI</B>&#8221; means, for any Property and for a given period, the sum of the following (without duplication and determined
on a consistent basis with prior periods): (a)&nbsp;gross revenues received in the ordinary course from such Property <U>minus</U> (b)&nbsp;all
expenses paid (excluding interest but including an appropriate accrual for property taxes and insurance) related to the ownership, operation
or maintenance of such Property, including but not limited to property taxes, assessments and the like, insurance, utilities, payroll
costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative expenses (including an appropriate
allocation for legal, accounting, advertising, marketing and other expenses incurred in connection with such Property, but specifically
excluding general overhead expenses of the Borrower or any Subsidiary and any property management fees) <U>minus</U> (c)&nbsp;the FF&amp;E
Reserves for such Property as of the end of such period <U>minus</U> (d)&nbsp;the greater of (i)&nbsp;the actual property management fee
paid during such period and (ii)&nbsp; an imputed management fee in the amount of three percent (3.0%) of the gross revenues for such
Property for such period.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>New Property</B>&#8221;
means each Property on which a hotel is located acquired by the Parent, the Borrower, any Subsidiary or Unconsolidated Affiliate from
the date of acquisition until the Seasoned Date in respect thereof; provided, however, that, upon the Seasoned Date for any New Property,
such New Property shall be converted to a Seasoned Property and shall cease to be a New Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>New York Mortgage</B>&#8221;
has the meaning given that term in Section 13.21.(a).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Non-Defaulting Lender</B>&#8221;
means a Lender that is not a Defaulting Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Nonrecourse Indebtedness</B>&#8221;
means, with respect to a Person, (a)&nbsp;Indebtedness for borrowed money in respect of which recourse for payment (except for customary
exceptions for fraud, misapplication of funds, environmental indemnities, voluntary bankruptcy, collusive involuntary bankruptcy and other
similar exceptions to nonrecourse liability) is contractually limited to specific assets of such Person encumbered by a Lien securing
such Indebtedness, (b)&nbsp;obligations in respect of guaranties of customary exceptions for fraud, misapplication of funds, environmental
indemnities, voluntary bankruptcy, collusive involuntary bankruptcy and other similar exceptions to nonrecourse liability, provided that,
once any such obligation shall cease to be contingent, then such obligation shall cease to be Nonrecourse Indebtedness, or (c)&nbsp;if
such Person is a Single Asset Entity, any Indebtedness for borrowed money of such Person.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Note</B>&#8221;
means a Revolving Note, a Swingline Note or a Term Loan Note.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Notice of Borrowing</B>&#8221;
means a notice substantially in the form of Exhibit&nbsp;D (or such other form reasonably acceptable to the Administrative Agent and containing
the information required in such Exhibit) to be delivered to the Administrative Agent pursuant to Section&nbsp;2.1.(b) or Section 2.2(b),
as applicable, evidencing the Borrower&#8217;s request for a borrowing of Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Notice of Continuation</B>&#8221;
means a notice substantially in the form of Exhibit&nbsp;E (or such other form reasonably acceptable to the Administrative Agent and containing
the information required in such Exhibit) to be delivered to the Administrative Agent pursuant to Section&nbsp;2.9. evidencing the Borrower&#8217;s
request for the Continuation of a LIBOR Loan.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Notice
of Conversion</B>&#8221; means a notice substantially in the form of Exhibit&nbsp;F (or such other form reasonably acceptable to the Administrative
Agent and containing the information required in such Exhibit) to be delivered to the Administrative Agent pursuant to Section&nbsp;2.10.
evidencing the Borrower&#8217;s request for the Conversion of a Loan from one Type to another Type.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Notice of Swingline
Borrowing</B>&#8221; means a notice substantially in the form of Exhibit&nbsp;G (or such other form reasonably acceptable to the Administrative
Agent and containing the information required in such Exhibit) to be delivered to the Swingline Lender pursuant to Section&nbsp;2.4.(b)
evidencing the Borrower&#8217;s request for a Swingline Loan.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Obligations</B>&#8221;
means, individually and collectively: (a)&nbsp;the aggregate principal balance of, and all accrued and unpaid interest on, all Loans;
(b)&nbsp;all Reimbursement Obligations and all other Letter of Credit Liabilities; and (c)&nbsp;all other indebtedness, liabilities, obligations,
covenants and duties of the Borrower and the other Loan Parties owing to the Administrative Agent, the Issuing Banks or any Lender of
every kind, nature and description, under or in respect of this Agreement or any of the other Loan Documents or the Fee Letters, including,
without limitation, the Fees and indemnification obligations, whether direct or indirect, absolute or contingent, due or not due, contractual
or tortious, liquidated or unliquidated, and whether or not evidenced by any promissory note. The term &#8220;Obligations&#8221; does
not include any Specified Derivatives Obligations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>OFAC</B>&#8221;
means the U.S. Department of the Treasury&#8217;s Office of Foreign Assets Control.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Off-Balance Sheet
Obligations</B>&#8221; means liabilities and obligations of the Parent, any Subsidiary or any other Person in respect of &#8220;off-balance
sheet arrangements&#8221; (as defined in Item&nbsp;303(a)(4)(ii) of Regulation&nbsp;S&#45;K promulgated under the Securities Act) which
the Parent would be required to disclose in the &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of
Operations&#8221; section of the Parent&#8217;s report on Form 10&#45;Q or Form 10&#45;K (or their equivalents) which the Parent is required
to file with the Securities and Exchange Commission (or any Governmental Authority substituted therefor).</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Operating
Property Value</B>&#8221; means, at any date of determination, (a)&nbsp;for each New Property that Borrower elects (until the
Seasoned Date), the purchase price paid for such Property determined in accordance with GAAP; (b) for each Development/Redevelopment
Property, GAAP book value for such Property as of the date of determination; or (c)&nbsp;for each (x) Seasoned Property and (y) New
Property that Borrower irrevocably elects, (A) the Adjusted NOI of such Property for the period of four consecutive fiscal quarters
most recently ending <U>divided </U>by (B) the applicable Capitalization Rate; provided that, with respect to this clause (c), if
the Adjusted NOI for such Property would be less than zero, it shall be deemed to be zero for purposes of calculating Operating
Property Value. Notwithstanding the above, the Operating Property Value for Frenchman&#8217;s Reef shall be determined as follows:
(i) from the Effective Date through and including September 30, 2019, as the Adjusted NOI for such Property for the trailing four
fiscal quarters ended September 30, 2017, which was $12,430,000; (ii) commencing on October 1, 2019 through and including June 30,
2022, (unless otherwise extended by the Administrative Agent due to delays in construction or opening of the Property), as the GAAP
net book value (including, for the avoidance of doubt, the value of construction work in progress) for the most-recent fiscal
quarter-end for such Property; and (iii) commencing on July 1, 2022 (or such later date if the Administrative Agent extends the
application of clause (ii) above in accordance with the parenthetical in such clause) and thereafter as a Seasoned Property;
provided, that solely with respect to this clause (iii), if Frenchman&#8217;s Reef has not continuously operated during the
immediately preceding period of four consecutive fiscal quarters then, so long as it has continuously operated for a period of at
least one fiscal quarter, Adjusted NOI of such Property shall be calculated by annualizing the historical Net Operating Income of
such Property for the period it has been continuously operating until the last day of the most recently ending fiscal quarter.
Notwithstanding the foregoing, for purposes of determining Operating Property Value, the Adjusted NOI shall be calculated, for any
date of determination during any period, (A) commencing on the last day of the Covenant Relief Period to and including the last day
of the fiscal quarter ending immediately thereafter (the &#8220;First Post Covenant Relief Period&#8221;), by multiplying (x) the
Adjusted NOI for (1) if calculating prior to the last day of the First Post Covenant Relief Period, the fiscal quarter ended
immediately prior to the commencement of the First Post Covenant Relief Period or (2) if calculating on the last day of the First
Post Covenant Relief Period, the fiscal quarter period ending on such date by (y) 4 <FONT STYLE="color: red"><STRIKE>(provided that,
solely with respect to clause (1), if the fiscal quarter ended to be annualized is March 31, 2022, such fiscal quarter shall be
multiplied by 6 in determining Adjusted NOI pursuant to this clause (A)</STRIKE></FONT>), (B) commencing on the first day after the
end of the First Post Covenant Relief Period to and including the last day of the fiscal quarter ending immediately thereafter (the
 &#8220;Second Post Covenant Relief Period&#8221;), by multiplying (x) Adjusted NOI for (1) if calculating prior to the last day of
the Second Post Covenant Relief Period, the two fiscal quarters ending immediately prior to the commencement of the Second Post
Covenant Relief Period or (2) if calculating on the last day of the Second Post Covenant Relief Period, the fiscal quarter ending on
such date and the immediately preceding fiscal quarter by (y) 2, and (C) commencing on the first day after the end of the Second
Post Covenant Relief Period to and including the last day of the fiscal quarter ending immediately thereafter (the &#8220;Third Post
Covenant Relief Period&#8221;), by multiplying (x) the Adjusted NOI for (1) if calculating prior to the last day of the Third Post
Covenant Relief Period, the three fiscal quarters ending immediately prior to the commencement of the Third Post Covenant Relief
Period or (2) if calculating on the last day of the Third Post Covenant Relief Period, the fiscal quarter ending on such date and
the immediately preceding two fiscal quarters by (y) 4/3. By way of illustration, if the Covenant Relief Period ends on <FONT STYLE="color: red"><STRIKE>January</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>April </U></FONT>1,
2022, Adjusted NOI shall be calculated (I<FONT STYLE="color: red"><STRIKE>) from January 1, 2022 to March 30, 2022, using Adjusted
NOI for the quarter ending December 31, 2021, multiplied by 4, (II) on March 31, 2022, using Adjusted NOI for the quarter ending
March 31, 2022, multiplied by 6, (III</STRIKE></FONT>) from April 1, 2022 to June 29, 2022, using Adjusted NOI for the <FONT STYLE="color: red"><STRIKE>quarters</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>quarter </U></FONT>ending <FONT STYLE="color: red"><STRIKE>December
31, 2021 and </STRIKE></FONT>March 31, 2022, multiplied by <FONT STYLE="color: red"><STRIKE>2</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>4</U></FONT>,
(<FONT STYLE="color: red"><STRIKE>IV</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>II</U></FONT>)
on June 30, 2022, using Adjusted NOI for the <FONT STYLE="color: red"><STRIKE>quarters</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>quarter </U></FONT>ending <FONT STYLE="color: red"><STRIKE>March
31, 2022 and </STRIKE></FONT>June 30, 2022, multiplied by <FONT STYLE="color: red"><STRIKE>2</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>4</U></FONT>,
(<FONT STYLE="color: red"><STRIKE>V</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>III</U></FONT>)
from July 1, 2022 to September 29, 2022, using Adjusted NOI for the quarters ending <FONT STYLE="color: red"><STRIKE>December 31,
2021, </STRIKE></FONT>March 31, 2022 and June 30, 2022, multiplied by <FONT STYLE="color: red"><STRIKE>4/3 and</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>2, </U></FONT>(<FONT STYLE="color: red"><STRIKE>VI</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>IV</U></FONT>)
on September 30, 2022<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
using Adjusted NOI for the quarters ending June 30, 2022 and September 30, 2022, multiplied by 2, (V) from October 1, 2022 to
December 30, 2022</U></FONT>, using Adjusted NOI for the quarters ending March 31, 2022, June 30, 2022 and September 30, 2022,
multiplied by 4/3 <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
(VI) on December 31, 2022, using Adjusted NOI for the quarters ending June 30, 2022, September 30, 2022 and December 31, 2022,
multiplied by 4/3</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Other Connection
Taxes</B>&#8221; means, with respect to any Recipient, Taxes 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 any Loan Document, or sold or assigned an interest in any Loan or Loan Document).</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Other Taxes</B>&#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, any 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&nbsp;5.8.).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Ownership
Share</B>&#8221; means, with respect to any Subsidiary of a Person (other than a Wholly Owned Subsidiary) or any Unconsolidated
Affiliate of a Person, the greater of (a) such Person&#8217;s relative nominal direct and indirect ownership interest (expressed as
a percentage) in such Subsidiary or Unconsolidated Affiliate or (b)&nbsp;such Person&#8217;s relative direct and indirect economic
interest (calculated as a percentage) in such Subsidiary or Unconsolidated Affiliate determined in accordance with the applicable
provisions of the declaration of trust, articles or certificate of incorporation, articles of organization, partnership agreement,
joint venture agreement or other applicable organizational document of such Subsidiary or Unconsolidated Affiliate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Parent</B>&#8221;
has the meaning given such term in the introductory paragraph hereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Participant</B>&#8221;
has the meaning given that term in Section&nbsp;13.5.(d).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Participant Register</B>&#8221;
has the meaning given that term in Section&nbsp;13.5.(d).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>PATRIOT Act</B>&#8221;
means the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>PBGC</B>&#8221;
means the Pension Benefit Guaranty Corporation and any successor agency.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Permitted Assumed
Debt</B>&#8221; has the meaning given that term in Section 10.15.(c)(v).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Permitted Liens</B>&#8221;
means, as to any Person: (a)&nbsp;Liens securing taxes, assessments and other charges or levies imposed by any Governmental Authority
(excluding any Lien imposed pursuant to any of the provisions of ERISA or pursuant to any Environmental Laws) or the claims of materialmen,
mechanics, carriers, warehousemen or landlords for labor, materials, supplies or rentals incurred in the ordinary course of business,
which either (x) are not at the time required to be paid or discharged under Section&nbsp;8.6. or (y) relate to claims against such Person
and its Subsidiaries not in excess of $1,000,000 in the aggregate at any one time; (b)&nbsp;Liens consisting of deposits or pledges made,
in the ordinary course of business, in connection with, or to secure payment of, obligations under workers&#8217; compensation, unemployment
insurance or similar Applicable Laws; (c)&nbsp;Liens consisting of encumbrances in the nature of zoning restrictions, easements, and rights
or restrictions of record on the use of real property, which do not materially detract from the value of such property or impair the intended
use thereof in the business of such Person; (d)&nbsp;the rights of tenants under leases or subleases or licenses not interfering with
the ordinary conduct of business of such Person; (e)&nbsp;Liens in favor of the Administrative Agent for the benefit of the Lenders; (f)&nbsp;Liens
in favor of the Borrower or a Guarantor securing obligations owing by a Subsidiary to the Borrower or a Guarantor; (g)&nbsp;Liens (i)
in existence as of the First Amendment Date and set forth in Part II of Schedule 7.1.(f) and (ii) in respect of any New York Mortgage
or any mortgage encumbering property located in New York State securing Indebtedness of the Loan Parties pursuant to provisions in loan
documentation governing such Indebtedness which provisions are substantially similar to Section 13.21. of this Agreement; (h)&nbsp;Liens
arising out of judgments or awards in respect of the Parent or any of its Subsidiaries not constituting an Event of Default under Section
11.1.(i); (i) any interest or title of a lessor under any lease of equipment (not constituting a fixture) entered into by the Borrower
or any Subsidiary in the ordinary course of its business and covering only the assets so leased; (j)&nbsp;Liens arising in the ordinary
course of business by virtue of any contractual, statutory or common law provision relating to banker&#8217;s liens, rights of set-off
or similar rights and remedies covering deposit or securities accounts (including funds or other assets credited thereto), (k)&nbsp;Liens
securing the performance of bids, trade contracts, leases, statutory obligations, surety and appeal bonds, performance bonds and other
obligations of a like nature incurred in the ordinary course of business and not securing any Indebtedness and (l) after the First Amendment
Date and prior to the Security Release Date, Liens in the Collateral in favor of U.S. Bank National Association, in its capacity as administrative
agent under the Existing Term Loan Agreement, and subject to the terms of the Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Person</B>&#8221;
means any natural person, corporation, limited partnership, general partnership, joint stock company, limited liability company,
limited liability partnership, joint venture, association, company, trust, bank, trust company, land trust, business trust or other
organization, whether or not a legal entity, or any other nongovernmental entity, or any Governmental Authority.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Plan</B>&#8221;
means at any time an employee pension benefit plan (other than a Multiemployer Plan) which is covered by Title IV of ERISA or subject
to the minimum funding standards under Section 412 of the Internal Revenue Code and either (a) is maintained, or contributed to, by any
member of the ERISA Group for employees of any member of the ERISA Group or (b) has at any time within the preceding six years been maintained,
or contributed to, by any Person which was at such time a member of the ERISA Group for employees of any Person which was at such time
a member of the ERISA Group.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Pledge Agreement</B>&#8221;
means that certain Pledge Agreement, dated as of the First Amendment Date, by and among the Administrative Agent and each Person party
thereto as a grantor, together with any other security document now or hereafter granted to secure the Obligations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Post-Default Rate</B>&#8221;
means, in respect of any principal of any Loan or any Reimbursement Obligation, the rate otherwise applicable <U>plus</U> an additional
two percent (2.0%) per annum and with respect to any other Obligation, a rate per annum equal to the Base Rate as in effect from time
to time <U>plus</U> the Applicable Margin for Revolving Loans that are Base Rate Loans <U>plus</U> two percent (2.0%).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Preferred Dividends</B>&#8221;
means, for any period and without duplication, all Restricted Payments paid during such period on Preferred Equity Interests issued by
the Parent or a Subsidiary. Preferred Dividends shall not include dividends or distributions (a)&nbsp;paid or payable solely in Equity
Interests (other than Mandatorily Redeemable Stock) payable to holders of such class of Equity Interests, (b)&nbsp;paid or payable to
the Parent or a Subsidiary, or (c)&nbsp;constituting or resulting in the redemption of Preferred Equity Interests, other than scheduled
redemptions not constituting balloon, bullet or similar redemptions in full.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Preferred Equity
Interests</B>&#8221; means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over
any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Prime Rate</B>&#8221;
means, at any time, the rate of interest per annum publicly announced from time to time by the Lender then acting as the Administrative
Agent as its prime rate. Each change in the Prime Rate shall be effective as of the opening of business on the day such change in such
prime rate occurs. The parties hereto acknowledge that the rate announced publicly by the Lender acting as Administrative Agent as its
prime rate is an index or base rate and shall not necessarily be its lowest or best rate charged to its customers or other banks.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Principal Office</B>&#8221;
means the office of the Administrative Agent located at 600 South 4<SUP>th</SUP> Street, 9<SUP>th</SUP> Floor, Minneapolis, Minnesota
55415, or any other subsequent office that the Administrative Agent shall have specified as the Principal Office by written notice to
the Borrower and the Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Property</B>&#8221;
means any parcel of real property owned or leased (in whole or in part) or operated by the Parent, the Borrower, any other Subsidiary
or any Unconsolidated Affiliate of the Parent which is (1) located in a state of the United States of America or the District of Columbia
or (2) is a Frenchman&#8217;s Reef Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Property Management
Agreement</B>&#8221; means, collectively, all agreements entered into by a Loan Party pursuant to which such Loan Party engages a Person
to advise it with respect to the management of an Unencumbered Property or to provide management services with respect to the same.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Pro
Rata Share</B>&#8221; means, as to each Lender, the ratio, expressed as a percentage of (a)(i) the aggregate amount of such Lender&#8217;s
Revolving Commitments <U>plus</U> (ii) the aggregate amount of such Lender&#8217;s outstanding Term Loans to (b)(i) the aggregate amount
of the Revolving Commitments of all Lenders <U>plus</U> (ii) the aggregate principal amount of all outstanding Term Loans; <U>provided</U>,
<U>however</U>, that if at the time of determination the Revolving Commitments have been terminated or reduced to zero, the &#8220;Pro
Rata Share&#8221; of each Lender shall be the ratio, expressed as a percentage of (A) the sum of the aggregate principal amount of all
outstanding Revolving Loans, Term Loans, Swingline Loans and Letter of Credit Liabilities owing to such Lender as of such date to (B)
the sum of the aggregate principal amount of all outstanding Revolving Loans, Term Loans, Swingline Loans and Letter of Credit Liabilities.
If at the time of determination the Revolving Commitments have been terminated or reduced to zero and there are no outstanding Loans or
Letter of Credit Liabilities, then the Pro Rata Shares of the Lenders shall be determined as of the most recent date on which Revolving
Commitments were in effect or Loans or Letters of Credit Liabilities were outstanding. For purposes of this definition, a Revolving Lender
shall be deemed to hold a Swingline Loan or a Letter of Credit Liability to the extent such Revolving Lender has acquired a participation
therein under the terms of this Agreement and has not failed to perform its obligations in respect of such participation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.4in 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>QFC</B>&#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).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Qualified ECP Guarantor</B>&#8221;
means, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee
or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes
an &#8220;eligible contract participant&#8221; under the Commodity Exchange Act or any regulations promulgated thereunder and can cause
another person to qualify as an &#8220;eligible contract participant&#8221; at such time by entering into a keepwell under Section 1a(18)(A)(v)(II)
of the Commodity Exchange Act.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Qualified Plan</B>&#8221;
means a Benefit Arrangement or Plan that is intended to be tax-qualified under Section&nbsp;401(a) of the Internal Revenue Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Qualified REIT Subsidiary</B>&#8221;
shall have the meaning given to such term in the Internal Revenue Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Rating Agencies</B>&#8221;
means S&amp;P and Moody&#8217;s.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Ratio Adjustment
Period</B>&#8221; shall mean the period commencing on the last day of the Covenant Relief Period and ending on the date which is the earliest
of (i) the date the Borrower has delivered a notice (which notice shall certify that the requirements have been met to deliver such notice)
to the Administrative Agent electing to terminate the Ratio Adjustment Period; provided that such notice cannot be provided sooner than
the last day of the Restriction Period, (ii) the date the Borrower has delivered a notice to the Administrative Agent to effect the Security
Release Date and (iii) <FONT STYLE="color: red"><STRIKE>April</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">July</U></FONT>
1, 2023.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Recipient</B>&#8221;
means (a)&nbsp;the Administrative Agent, (b)&nbsp;any Lender and (c)&nbsp;any Issuing Bank, as applicable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Register</B>&#8221;
has the meaning given that term in Section&nbsp;13.5.(c).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Regulatory
Change</B>&#8221; means, with respect to any Lender, any change effective after the Agreement Date in Applicable Law (including
without limitation, Regulation D of the Board of Governors of the Federal Reserve System) or the adoption or making after such date
of any interpretation, directive or request applying to a class of banks, including such Lender, of or under any Applicable Law
(whether or not having the force of law and whether or not failure to comply therewith would be unlawful) by any Governmental
Authority or monetary authority charged with the interpretation or administration thereof or compliance by any Lender with any
request or directive regarding capital adequacy or liquidity. <FONT STYLE="font-size: 10pt">Notwithstanding anything herein to the
contrary, (a)&nbsp;the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives
thereunder or issued in connection therewith and (b)&nbsp;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, in each case pursuant to Basel III, shall in each case be deemed to be a &#8220;Regulatory
Change&#8221;, regardless of the date enacted, adopted or issued. </FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Reimbursement Obligation</B>&#8221;
means the absolute, unconditional and irrevocable obligation of the Borrower to reimburse the applicable Issuing Bank for any drawing
honored by such Issuing Bank under a Letter of Credit issued by such Issuing Bank.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>REIT</B>&#8221;
means a Person qualifying for treatment as a &#8220;real estate investment trust&#8221; under the Internal Revenue Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Related Parties</B>&#8221;
means, with respect to any Person, such Person&#8217;s Affiliates and the partners, shareholders, directors, officers, employees, agents,
counsel, other advisors and representatives of such Person and of such Person&#8217;s Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Relevant Governmental
Body</B>&#8221; means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened
by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Requisite Class
Lenders</B>&#8221; means, with respect to a Class of Lenders as of any date of determination, Lenders of such Class (a) with respect to
the Revolving Lenders,&nbsp;having more than 51.0% of the aggregate amount of the Revolving Commitments of such Class, or (b)&nbsp;if
the Revolving Commitments of such Class have been terminated or reduced to zero and with respect to the Term Loans, holding more than
51.0% of the principal amount of the aggregate outstanding Loans of such Class, and in the case of Revolving Lenders, outstanding Letter
of Credit Liabilities and Swingline Loans; <U>provided</U> that (i)&nbsp;in determining such percentage at any given time, all then existing
Defaulting Lenders of such Class will be disregarded and excluded, and (ii) at all times when two or more Lenders (excluding Defaulting
Lenders) of such Class are party to this Agreement, the term &#8220;Requisite Class Lenders&#8221; shall in no event mean less than two
Lenders of such Class. For purposes of this definition, a Revolving Lender shall be deemed to hold a Swingline Loan or a Letter of Credit
Liability to the extent such Lender has acquired a participation therein under the terms of this Agreement and has not failed to perform
its obligations in respect of such participation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Requisite Lenders</B>&#8221;
means, as of any date, (a)&nbsp;Lenders having more than 51.0% of the aggregate amount of the Revolving Commitments and the outstanding
Term Loans of all Lenders, or (b) if the Revolving Commitments have been terminated or reduced to zero, Lenders holding more than 51.0%
of the principal amount of the aggregate outstanding Loans and Letter of Credit Liabilities; <U>provided</U> that (i)&nbsp;in determining
such percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded, and (ii) at all times when two
or more Lenders (excluding Defaulting Lenders) are party to this Agreement, the term &#8220;Requisite Lenders&#8221; shall in no event
mean less than two Lenders. For purposes of this definition, a Revolving Lender shall be deemed to hold a Swingline Loan or a Letter of
Credit Liability to the extent such Lender has acquired a participation therein under the terms of this Agreement and has not failed to
perform its obligations in respect of such participation.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Resolution Authority</B>&#8221;
means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Responsible Officer</B>&#8221;
means with respect to the Parent, the Borrower or any Subsidiary, the chief executive officer, the chief financial officer, chief operating
officer or general counsel of the Parent, the Borrower or such Subsidiary.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Restricted Payment</B>&#8221;
means: (a)&nbsp;any dividend or other distribution, direct or indirect, on account of any Equity Interest of the Parent, the Borrower
or any Subsidiary now or hereafter outstanding, except a dividend payable solely in Equity Interests; (b)&nbsp;any redemption, conversion,
exchange, retirement, sinking fund or similar payment, purchase or other acquisition for value, direct or indirect, of any Equity Interest
of the Parent, the Borrower or any Subsidiary now or hereafter outstanding; and (c)&nbsp;any payment made to retire, or to obtain the
surrender of, any outstanding warrants, options or other rights to acquire any Equity Interests of the Parent, the Borrower or any Subsidiary
now or hereafter outstanding.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Restriction Period</B>&#8221;
shall mean the period commencing on the First Amendment Date and ending on the date on which the Borrower has delivered a notice to the
Administrative Agent certifying that (i) the Borrower has demonstrated compliance with the Financial Covenants for the first fiscal quarter
following the end of the Covenant Relief Period in its regular quarterly or annual reporting delivered pursuant to Section 9.1 or 9.2,
as the case may be, and (ii) no Default or Event of Default has occurred and is continuing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Commitment</B>&#8221;
means, as to each Lender (other than the Swingline Lender), such Lender&#8217;s obligation to make Revolving Loans pursuant to Section&nbsp;2.1.,
to issue (in the case of the Issuing Banks) and to participate (in the case of the other Revolving Lenders) in Letters of Credit pursuant
to Section&nbsp;2.3.(i), and to participate in Swingline Loans pursuant to Section&nbsp;2.4.(e), in an amount up to, but not exceeding,
the amount set forth for such Lender on Schedule I as such Revolving Lender&#8217;s &#8220;Revolving Commitment Amount&#8221; or as set
forth in the applicable Assignment and Assumption or agreement executed by a Person becoming a Revolving Lender pursuant to Section&nbsp;2.16.,
as the same may be reduced from time to time pursuant to Section&nbsp;2.12., increased from time to time pursuant to Section 2.16., or
increased or reduced as appropriate to reflect any assignments to or by such Revolving Lender effected in accordance with Section&nbsp;13.5.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Commitment
Percentage</B>&#8221; means, as to each Revolving Lender, the ratio, expressed as a percentage, of (a) the amount of such Lender&#8217;s
Revolving Commitment to (b) the aggregate amount of the Revolving Commitments of all Lenders; provided, however, that if at the time of
determination the Revolving Commitments have been terminated or been reduced to zero, the &#8220;Revolving Commitment Percentage&#8221;
of each Revolving Lender shall be the Revolving Commitment Percentage of such Revolving Lender in effect immediately prior to such termination
or reduction.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Credit
Exposure</B>&#8221; means, as to any Revolving Lender at any time, the aggregate principal amount at such time of its outstanding Revolving
Loans and such Revolving Lender&#8217;s participation in Letter of Credit Liabilities and Swingline Loans at such time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Lender</B>&#8221;
means a Lender having a Revolving Commitment, or if the Revolving Commitments have been terminated or reduced to zero, holding any Revolving
Loans or Letter of Credit Liabilities.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Loan</B>&#8221;
means a loan made by a Revolving Lender to the Borrower pursuant to Section&nbsp;2.1.(a).</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Note</B>&#8221;
means a promissory note of the Borrower substantially in the form of Exhibit&nbsp;C, payable to the order of a Revolving Lender in a principal
amount equal to the amount of such Lender&#8217;s Revolving Commitment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Termination
Date</B>&#8221; means July 25, 2023, or such later date to which the Revolving Termination Date may be extended pursuant to Section&nbsp;2.13.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Sanctioned Country</B>&#8221;
means, at any time, a country or territory which is itself the subject or target of any Sanctions (including, as of the Closing Date,
Cuba, Iran, North Korea, Syria and Crimea).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Sanctioned Person</B>&#8221;
means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by OFAC (including, without limitation,
OFAC&#8217;s Specially Designated Nationals and Blocked Persons List and OFAC&#8217;s Consolidated Non-SDN List), the U.S. Department
of State, the United Nations Security Council, the European Union, Her Majesty&#8217;s Treasury of the United Kingdom, or other relevant
sanctions authority, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned or controlled by
any such Person or Persons described in clauses (a) and (b), including a Person that is deemed by OFAC to be a Sanctions target based
on the ownership of such legal entity by Sanctioned Person(s).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Sanctions</B>&#8221;
means any and all economic or financial sanctions, sectoral sanctions, secondary sanctions, trade embargoes and anti-terrorism laws, including
but not limited to those imposed, administered or enforced from time to time by the U.S. government (including those administered by OFAC
or the U.S. Department of State), the United Nations Security Council, the European Union, Her Majesty&#8217;s Treasury of the United
Kingdom, or other relevant sanctions authority with jurisdiction over any Lender, the Borrower or any of its Subsidiaries or Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Seasoned Date</B>&#8221;
means the first day on which an acquired Property on which a hotel is located has been owned for four (4) full fiscal quarters following
the date of acquisition by the Parent, the Borrower, a Subsidiary or an Unconsolidated Affiliate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Seasoned Property</B>&#8221;
means Property on which a hotel is located that is not a New Property or a Development/Redevelopment Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>SEC</B>&#8221; means
the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal functions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Second Post Covenant
Relief Period</B>&#8221; has the meaning given to that term in the definition of &#8220;Operating Property Value&#8221;.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Secured Indebtedness</B>&#8221;
means, with respect to any Person, (a)&nbsp;all Indebtedness of such Person that is secured in any manner by any Lien on any Property
<U>plus</U> (b)&nbsp;such Person&#8217;s pro rata share of the Secured Indebtedness of any of such Person&#8217;s Unconsolidated Affiliates;
provided that neither any New York Mortgage nor any mortgage encumbering property located in New York State securing Indebtedness of the
Loan Parties pursuant to provisions in loan documentation governing such Indebtedness which provisions are substantially similar to Section
13.21 of this Agreement shall constitute Secured Indebtedness hereunder; provided, further that after the First Amendment Date and prior
to the Security Release Date, Secured Indebtedness shall not include the Obligations or the obligations evidenced by the Existing Term
Loan Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Secured Recourse
Indebtedness</B>&#8221; means all Indebtedness (including Guaranties of Secured Indebtedness) that is Secured Indebtedness and is not
Nonrecourse Indebtedness.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Securities Act</B>&#8221;
means the Securities Act of 1933, as amended from time to time, together with all rules and regulations issued thereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Security Release
Date</B>&#8221; shall mean the date upon which the Borrower has delivered a notice to the Administrative Agent (which notice may not be
sent prior to <FONT STYLE="color: red"><STRIKE>March 31</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">June
30</U></FONT>, 2022) certifying that the following has occurred: (i) if such notice is delivered prior to <FONT STYLE="color: red"><STRIKE>April</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">July</U></FONT>
1, 2023, the Borrower shall have demonstrated compliance (in its regular quarterly and/or annual reporting delivered pursuant to Section
9.1 and/or Section 9.2 hereof) with the Financial Covenants (without giving effect to the modifications imposed during the Ratio Adjustment
Period) for two consecutive fiscal quarters following the end of the Covenant Relief Period, (ii) no Default or Event of Default shall
have occurred and be continuing and (iii) the Liens securing the Existing Term Loan have been released or shall be released substantially
simultaneously with the release of all Liens securing the Obligations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Significant Subsidiary</B>&#8221;
means any Subsidiary to which more than $30,000,000 of Total Asset Value is attributable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Single Asset Entity</B>&#8221;
means a Person (other than an individual) that (a) only owns a single Property; (b) is engaged only in the business of owning, developing
and/or leasing such Property; and (c) receives substantially all of its gross revenues from such Property. In addition, if the assets
of a Person consist solely of (i) Equity Interests in one or more Single Asset Entities that directly or indirectly own such single Property
and (ii) cash and other assets of nominal value incidental to such Person&#8217;s ownership of the other Single Asset Entity, such Person
shall also be deemed to be a Single Asset Entity for purposes of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>SOFR</B>&#8221;
with respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as
the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York&#8217;s Website.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Solvent</B>&#8221;
means, when used with respect to any Person, that (a)&nbsp;the fair value and the fair salable value of its assets (excluding any Indebtedness
due from any Affiliate of such Person) are each in excess of the fair valuation of its total liabilities (including all contingent liabilities
computed at the amount which, in light of all the facts and circumstances existing at such time, represents the amount that could reasonably
be expected to become an actual and matured liability); (b)&nbsp;such Person is able to pay its debts or other obligations in the ordinary
course as they mature; and (c)&nbsp;such Person has capital not unreasonably small to carry on its business and all business in which
it proposes to be engaged.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Specified Derivatives
Contract</B>&#8221; means any Derivatives Contract, together with any Derivatives Support Document relating thereto, that is made or entered
into at any time, or in effect at any time now or hereafter, whether as a result of an assignment or transfer or otherwise, between the
Parent, the Borrower or any Subsidiary of the Parent and an Specified Derivatives Provider.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Specified Derivatives
Obligations</B>&#8221; means all indebtedness, liabilities, obligations, covenants and duties of the Parent, the Borrower or any Subsidiaries
under or in respect of any Specified Derivatives Contract, whether direct or indirect, absolute or contingent, due or not due, liquidated
or unliquidated, and whether or not evidenced by any written confirmation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Specified Derivatives
Provider</B>&#8221; means any Lender, or any Affiliate of a Lender that is a party to a Derivatives Contract at the time the Derivatives
Contract is entered into.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>S&amp;P</B>&#8221;
means Standard &amp; Poor&#8217;s Rating Services, a Standard &amp; Poor&#8217;s Financial Services LLC business and its successors.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Stated Amount</B>&#8221;
means the amount available to be drawn by a beneficiary under a Letter of Credit from time to time, as such amount may be increased or
reduced from time to time in accordance with the terms of such Letter of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Subsidiary</B>&#8221;
means, for any Person, any corporation, partnership, limited liability company or other entity of which at least a majority of the Equity
Interests having by the terms thereof ordinary voting power to elect a majority of the board of directors or other individuals performing
similar functions of such corporation, partnership, limited liability company or other entity (without regard to the occurrence of any
contingency) is at the time directly or indirectly owned or controlled by such Person or one or more Subsidiaries of such Person or by
such Person and one or more Subsidiaries of such Person, and shall include all Persons the accounts of which are consolidated with those
of such Person pursuant to GAAP.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swap Obligation</B>&#8221;
means, with respect to any Guarantor, any obligation to pay or perform under any agreement, contract or transaction that constitutes a
 &#8220;swap&#8221; within the meaning of Section 1a(47) of the Commodity Exchange Act.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Commitment</B>&#8221;
means the Swingline Lender&#8217;s obligation to make Swingline Loans pursuant to Section 2.4. in an amount up to, but not exceeding the
amount set forth in the first sentence of Section 2.4.(a), as such amount may be reduced from time to time in accordance with the terms
hereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Lender</B>&#8221;
means Wells Fargo Bank, National Association, together with its successors and assigns.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Loan</B>&#8221;
means a loan made by the Swingline Lender to the Borrower pursuant to Section&nbsp;2.4.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Maturity
Date</B>&#8221; means the date which is 7 Business Days prior to the Revolving Termination Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Note</B>&#8221;
means the promissory note of the Borrower substantially in the form of Exhibit&nbsp;H, payable to the order of the Swingline Lender in
a principal amount equal to the amount of the Swingline Commitment as originally in effect and otherwise duly completed.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Taxable REIT Subsidiary</B>&#8221;
means any corporation (other than a REIT) in which the Parent directly or indirectly owns stock and the Parent and such corporation have
jointly elected that such corporation be treated as a taxable REIT subsidiary of the Parent under and pursuant to Section 856 of the Internal
Revenue Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Taxes</B>&#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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Termination Date</B>&#8221;
means (a) with respect to the Revolving Loans and the Revolving Commitments, the Revolving Termination Date and (b) with respect to the
Term Loans, the Term Loan Maturity Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan</B>&#8221;
means a loan made by a Lender to the Borrower pursuant to Section 2.2.(a) as such loan may be increased pursuant to Section 2.16.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan Commitment</B>&#8221;
means, as to each Lender, such Lender&#8217;s obligation to make Term Loans on the Effective Date pursuant to Section 2.2.(a), in an amount
up to, but not exceeding the amount set forth for such Lender on Schedule I as such Lender&#8217;s &#8220;Term Loan Commitment Amount&#8221;.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan Lender</B>&#8221;
means a Lender having a Term Loan Commitment or, if the Term Loan Commitments have terminated, a Lender holding a Term Loan.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan Maturity
Date</B>&#8221; means July 25, 2024.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan Note</B>&#8221;
means a promissory note of the Borrower substantially in the form of Exhibit&nbsp;L, payable to the order of a Term Loan Lender in a principal
amount equal to the amount of such Lender&#8217;s Term Loan Commitment or, if issued after the Effective Date, the amount of such Term
Loan Lender&#8217;s Term Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term SOFR</B>&#8221;
means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Third Post Covenant
Relief Period</B>&#8221; has the meaning given to that term in the definition of &#8220;Operating Property Value&#8221;.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Titled Agents</B>&#8221;
has the meaning given that term in Section&nbsp;12.9.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Total Asset
Value</B>&#8221; means the sum of all of the following of the Parent, the Borrower and their respective Subsidiaries (without
duplication) on a consolidated basis determined in accordance with GAAP applied on a consistent basis: (a) the Operating Property
Value of all Properties of the Parent, the Borrower and their Subsidiaries on which a hotel is located, <U>plus</U> (b) the book
value of Unimproved Land, Mortgage Receivables and other promissory notes, <U>plus</U> (c) the Borrower&#8217;s Ownership Share of
the preceding items for its Unconsolidated Affiliates, <U>plus</U> (d)&nbsp;the contractual purchase price of any real property
subject to a purchase obligation, repurchase obligation or forward commitment which at such time could be specifically enforced by
the seller of such real property, but only to the extent such obligations are included in the Indebtedness of the Parent, the
Borrower and their respective Subsidiaries on a consolidated basis, <U>plus</U> (e)&nbsp;in the case of any real property subject to
a purchase obligation, repurchase obligation or forward commitment which at such time could not be specifically enforced by the
seller of such real property, the aggregate amount of due diligence deposits, earnest money payments and other similar payments made
under the applicable contract which, at such time, would be subject to forfeiture upon termination of the contract, but only to the
extent such amounts are included in the Indebtedness of the Parent, the Borrower and their respective Subsidiaries on a consolidated
basis <U>minus</U> (f) to the extent otherwise included in Total Asset Value any deferred financing costs. For purposes of
determining Total Asset Value, (i) to the extent the amount of Total Asset Value attributable to Unimproved Land would exceed 5% of
Total Asset Value, such excess shall be excluded, (ii) to the extent the amount of Total Asset Value attributable to Mortgage Notes
Receivables and other promissory notes would exceed 15% of Total Asset Value, such excess shall be excluded, (iii) to the extent the
amount of Total Asset Value attributable to Investments in Unconsolidated Affiliates and other Persons that are not Subsidiaries
would exceed 10% of Total Asset Value, such excess shall be excluded, (iv) to the extent the amount of Total Asset Value
attributable to Development/Redevelopment Properties would exceed 15% of Total Asset Value, such excess shall be excluded and (v) to
the extent the amount of Total Asset Value attributable to the items described in clauses (i) through (v) would exceed 35% of Total
Asset Value, such excess shall be excluded. The percentage of Total Asset Value attributable to a given Subsidiary shall be equal to
the ratio expressed as a percentage of (x) an amount equal to Total Asset Value calculated solely with respect to assets owned
directly by such Subsidiary to (y) Total Asset Value. For purposes of determining Total Asset Value, Adjusted NOI from Properties
disposed of by the Parent, the Borrower or any Subsidiary during the immediately preceding period of four consecutive fiscal
quarters of the Borrower shall be excluded.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Total Indebtedness</B>&#8221;
means all Indebtedness of the Parent, the Borrower and all other Subsidiaries of the Parent determined on a consolidated basis, minus,
to the extent otherwise included in such Indebtedness, deferred financing costs.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Type</B>&#8221;
with respect to any Revolving Loan, refers to whether such Loan or portion thereof is a LIBOR Loan or a Base Rate Loan.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>UCC</B>&#8221; means
the Uniform Commercial Code as in effect in any applicable jurisdiction.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>UK Financial Institution</B>&#8221;
means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form 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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>UK Resolution Authority</B>&#8221;
means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.</P>

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

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#8220;<B>Unadjusted Benchmark Replacement</B>&#8221;
means the Benchmark Replacement excluding the Benchmark Replacement Adjustment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unconsolidated Affiliate</B>&#8221;
means, with respect to any Person, any other Person in whom such Person holds an Investment, which Investment is accounted for in the
financial statements of such Person on an equity basis of accounting and whose financial results would not be consolidated under GAAP
with the financial results of such Person on the consolidated financial statements of such Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unencumbered Leverage
Ratio</B>&#8221; means the ratio, expressed as a percentage, of (i)&nbsp;the aggregate outstanding principal amount of Indebtedness (excluding
Nonrecourse Indebtedness and Indebtedness to the extent owing among the Parent and/or any of its Subsidiaries but including Secured Recourse
Indebtedness and the aggregate principal amount of all Loans and the aggregate amount of all Letter of Credit Liabilities) of the Parent
and the Ownership Share of all such Indebtedness of its Subsidiaries to (ii)&nbsp;Unencumbered Property Value.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unencumbered Leverage
Ratio Surge Period</B>&#8221; has the meaning given to that term in Section 10.1.(e).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unencumbered Property</B>&#8221;
means an Eligible Property; provided, that, notwithstanding anything to the contrary set forth herein, each Frenchman&#8217;s Reef Property
may only be included as an Unencumbered Property once the construction at such Property is complete, such Property has all material occupancy
and operating permits and licenses required by Applicable Law, such Property is open for business and solely to the extent such Property
meets the requirements set forth in the definition of Eligible Property and is valued as a Seasoned Property in accordance with the final
sentence of the definition of Operating Property Value. A Property shall cease to be an Unencumbered Property if at any time such Property
shall cease to be an Eligible Property unless otherwise agreed by the Requisite Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unencumbered
Property Value</B>&#8221; means, at any time of determination, the aggregate Operating Property Values of the Unencumbered
Properties at such time. For purposes of this definition, the Adjusted NOI for any Unencumbered Property shall be reduced by an
amount equal to the greater of (x)&nbsp;the amount by which the Adjusted NOI of such Unencumbered Property would exceed 30.0% of the
aggregate Adjusted NOI of all Unencumbered Properties and (y)&nbsp;the amount by which the Adjusted NOI of Unencumbered Properties
located in the same metropolitan statistical area as such Property would exceed 40.0% of the aggregate Adjusted NOI of all
Unencumbered Properties. In addition, to the extent that Unencumbered Property Value attributable to (i) Properties leased under
Ground Leases would exceed 33.0% of Unencumbered Property Value, such excess shall be excluded, and (ii) Frenchman&#8217;s Reef
would exceed 10% of Unencumbered Property Value, such excess shall be excluded. For purposes of determining Unencumbered Property
Value, Adjusted NOI from Properties disposed of by the Borrower or any Subsidiary during the immediately preceding period of four
consecutive fiscal quarters of the Borrower shall be excluded.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unimproved Land</B>&#8221;
means land on which no development (other than improvements that are not material and are temporary in nature) has occurred and for which
no development is scheduled in the following 12 months. Unimproved Land shall not include any undeveloped parcels of a Property that has
been developed unless and until the Borrower intends to develop such parcel.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unsecured Indebtedness</B>&#8221;
means with respect to a Person as of any given date, (a) the aggregate principal amount of (a) all Indebtedness of such Person outstanding
at such date that is not Secured Indebtedness plus (b) all Nonrecourse Indebtedness which such Person has Guaranteed but only to the extent
of such Guaranty (excluding obligations in respect of Guaranties of customary exceptions to nonrecourse liability).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>UP Retained Proceeds</B>&#8221;
has the meaning assigned to such term in the definition of &#8220;Net Asset Sale Proceeds&#8221;.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>U.S. Person</B>&#8221;
means any Person that is a &#8220;United States Person&#8221; as defined in Section 7701(a)(30) of the Internal Revenue Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>U.S. Tax Compliance
Certificate</B>&#8221; has the meaning assigned to such term in Section&nbsp;3.10.(g)(ii)(B)(III).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Wells Fargo</B>&#8221;
means Wells Fargo Bank, National Association, and its successors and assigns.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Wholly Owned Subsidiary</B>&#8221;
means any Subsidiary of a Person in respect of which all of the Equity Interests (other than, in the case of a corporation, directors&#8217;
qualifying shares) are at the time directly or indirectly owned or controlled by such Person or one or more other Subsidiaries of such
Person or by such Person and one or more other Subsidiaries of such Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Withdrawal Liability</B>&#8221;
means any liability as a result of a complete or partial withdrawal from a Multiemployer Plan as such terms are defined in Part&nbsp;I
of Subtitle&nbsp;E of Title&nbsp;IV of ERISA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Withholding Agent</B>&#8221;
means (a)&nbsp;the Borrower, (b)&nbsp;any other Loan Party and (c)&nbsp;the Administrative Agent, as applicable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Write-Down and
Conversion Powers</B>&#8221; means (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such
EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and
conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of
the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any
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 such Person or any other Person, to provide that any such contract or instrument is to
have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers
under that Bail-In Legislation that are related to or ancillary to any of those powers.</P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;1.2.
General; References to Pacific Time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Unless otherwise
indicated, all accounting terms, ratios and measurements shall be interpreted or determined in accordance with GAAP; provided that,
if at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document,
and either the Borrower or the Requisite Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall
negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP
(subject to the approval of the appropriate Lenders pursuant to Section&nbsp;13.6.); provided further that, until so amended, (i)
such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Borrower
shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or
as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and
after giving effect to such change in GAAP. References in this Agreement to &#8220;Sections&#8221;, &#8220;Articles&#8221;,
 &#8220;Exhibits&#8221; and &#8220;Schedules&#8221; are to sections, articles, exhibits and schedules herein and hereto unless
otherwise indicated. <FONT STYLE="text-transform: uppercase">r</FONT>eferences in this Agreement to any document, instrument or
agreement (a)&nbsp;shall include all exhibits, schedules and other attachments thereto, (b)&nbsp;shall include all documents,
instruments or agreements issued or executed in replacement thereof, to the extent permitted hereby and (c)&nbsp;shall mean such
document, instrument or agreement, or replacement or predecessor thereto, as amended, supplemented, restated or otherwise modified
from time to time to the extent not prohibited hereby and in effect at any given time. Wherever from the context it appears
appropriate, each term stated in either the singular or plural shall include the singular and plural, and pronouns stated in the
masculine, feminine or neuter gender shall include the masculine, the feminine and the neuter. Except as expressly provided
otherwise in any Loan Document, (i)&nbsp;any reference to any law (including, without limitation, Anti-Corruption Laws, Anti-Money
Laundering Laws, the Bankruptcy Code, the Internal Revenue Code, ERISA, the PATRIOT Act, the UCC or the Investment Company Act)
shall include all statutory and regulatory provisions consolidating, amending, replacing or interpreting such law and any reference
to any law or regulation shall, unless otherwise specified, refer to such law or regulation as amended, modified, extended,
restated, replaced or supplemented from time to time and (ii)&nbsp;any reference to any Person shall be construed to include such
Person&#8217;s permitted successors and permitted assigns. Unless explicitly set forth to the contrary, a reference to
 &#8220;Subsidiary&#8221; means a Subsidiary of the Parent or a Subsidiary of such Subsidiary and a reference to an
 &#8220;Affiliate&#8221; means a reference to an Affiliate of the Parent. Titles and captions of Articles, Sections, subsections and
clauses in this Agreement are for convenience only, and neither limit nor amplify the provisions of this Agreement. Unless otherwise
indicated, all references to time are references to Pacific time. Notwithstanding the first sentence of this Section 1.2., (i) the
calculation of liabilities shall not include any fair value adjustments to the carrying value of liabilities to record such
liabilities at fair value pursuant to electing the fair value option election under FASB ASC 825-10-25 (formerly known as FAS 159,
The Fair Value Option for Financial Assets and Financial Liabilities) or other FASB standards allowing entities to elect fair value
option for financial liabilities and (ii) all accounting terms, ratios and calculations shall be determined without giving effect to
Accounting Standards Codification 842 (or any other Accounting Standards Codification or Financial Accounting Standard having a
similar result or effect) (and related interpretations) to the extent any lease (or similar arrangement conveying the right to use)
would be required to be treated as a capital lease thereunder where such lease (or similar arrangement) would have been treated as
an operating lease under GAAP as in effect immediately prior to the effectiveness of the Accounting Standards Codification 842,
provided that the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents
required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio
or requirement made in accordance with GAAP and made without giving effect to Account Standards Codification 842.</P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;1.3. Financial Attributes
of Non-Wholly Owned Subsidiaries.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">When determining compliance
by the Borrower or the Parent with any financial covenant contained in any of the Loan Documents, only the Ownership Share of the Borrower
or the Parent, as applicable, of the financial attributes of a Subsidiary that is not a Wholly Owned Subsidiary shall be included.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;1.4. Rates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent does
not warrant or accept responsibility for, and shall not have any liability with respect to, the administration, submission or any other
matter related to the rates in the definition of &#8220;LIBOR&#8221;.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;1.5. Divisions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For all purposes under the
Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction&#8217;s
laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different
Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person
comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its
equity interests at such time.</P>

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

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
II. Credit Facility</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.1.
Revolving Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Making
of Revolving Loans</U>. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section&nbsp;2.15.,
each Revolving Lender severally and not jointly agrees to make Revolving Loans to the Borrower in Dollars during the period from and including
the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to,
but not exceeding, such Lender&#8217;s Revolving Commitment. Each borrowing of Revolving Loans that are to be (i) Base Rate Loans shall
be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess thereof and (ii) LIBOR Loans shall be in an
aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Notwithstanding the immediately preceding
two sentences but subject to Section&nbsp;2.15., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving
Commitments. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and
reborrow Revolving Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Requests
for Revolving Loans</U>. Not later than 9:00 a.m. Pacific time at least one Business Day prior to a borrowing of Revolving Loans
that are to be Base Rate Loans and not later than 9:00 a.m. Pacific time at least three Business Days prior to a borrowing of
Revolving Loans that are to be LIBOR Loans, the Borrower shall deliver to the Administrative Agent a Notice of Borrowing. Each
Notice of Borrowing shall specify the aggregate principal amount of the Revolving Loans to be borrowed, the date such Revolving
Loans are to be borrowed (which must be a Business Day), a general description of the use of the proceeds of such Revolving Loans,
the Type of the requested Revolving Loans, and if such Revolving Loans are to be LIBOR Loans, the initial Interest Period for such
Revolving Loans. Each Notice of Borrowing shall be irrevocable once given and binding on the Borrower. Prior to delivering a Notice
of Borrowing, the Borrower may (without specifying whether a Revolving Loan will be a Base Rate Loan or a LIBOR Loan) request that
the Administrative Agent provide the Borrower with the most recent LIBOR available to the Administrative Agent. The Administrative
Agent shall provide such quoted rate to the Borrower on the date of such request or as soon as possible thereafter.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Funding
of Revolving Loans</U>. Promptly after receipt of a Notice of Borrowing under the immediately preceding subsection (b), the Administrative
Agent shall notify each Revolving Lender of the proposed borrowing. Each Revolving Lender shall deposit an amount equal to the Revolving
Loan to be made by such Revolving Lender to the Borrower with the Administrative Agent at the Principal Office, in immediately available
funds not later than 9:00 a.m. Pacific time on the date of such proposed Revolving Loans. Subject to fulfillment of all applicable conditions
set forth herein, the Administrative Agent shall make available to the Borrower in the account specified in the Disbursement Instruction
Agreement, not later than 12:00 noon Pacific time on the date of the requested borrowing of Revolving Loans, the proceeds of such amounts
received by the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assumptions
Regarding Funding by Revolving Lenders</U>. With respect to Revolving Loans to be made after the Effective Date, unless the Administrative
Agent shall have been notified by any Revolving Lender that such Lender will not make available to the Administrative Agent a Revolving
Loan to be made by such Lender in connection with any borrowing, the Administrative Agent may assume that such Lender will make the proceeds
of such Revolving Loan available to the Administrative Agent in accordance with this Section, and the Administrative Agent may (but shall
not be obligated to), in reliance upon such assumption, make available to the Borrower the amount of such Revolving Loan to be provided
by such Lender. In such event, if such Lender does not make available to the Administrative Agent the proceeds of such Revolving Loan,
then such Lender and the Borrower severally agree to pay to the Administrative Agent on demand the amount of such Revolving Loan with
interest thereon, for each day from and including the date such Revolving Loan is made available to the Borrower but excluding the date
of payment to the Administrative Agent, at (i)&nbsp;in the case of a payment to be made by such Lender, the greater of the Federal Funds
Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation and (ii) in
the case of a payment to be made by the Borrower, the interest rate applicable to Base Rate Loans that are Revolving Loans. If the Borrower
and such Lender shall pay the amount of such interest to the Administrative Agent for the same or overlapping period, the Administrative
Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays to the
Administrative Agent the amount of such Revolving Loan, the amount so paid shall constitute such Lender&#8217;s Revolving Loan included
in the borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Revolving Lender
that shall have failed to make available the proceeds of a Revolving Loan to be made by such Lender.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.2.
Term Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Making
of Term Loans</U>. Subject to the terms and conditions set forth in this Agreement, on the Effective Date, each Term Loan Lender severally
and not jointly agrees to make a Term Loan to the Borrower in Dollars in the principal amount set forth for such Term Loan Lender on Schedule
I as such Term Loan Lender&#8217;s &#8220;Term Loan Commitment Amount&#8221;. Upon the funding by each Term Loan Lender of its Term Loan
on the Effective Date, the Term Loan Commitment of such Term Loan Lender shall terminate whether or not the full amount of the Term Loan
Commitments are funded on such date. Any portion of a Term Loan that is repaid or prepaid may not be reborrowed. Additional Term Loans
shall be made in accordance with Section 2.16.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Request
for Term Loans</U>. The Borrower shall deliver to the Administrative Agent a Notice of Borrowing requesting that the Term Loan
Lenders make Term Loans on the Effective Date. Such Notice of Borrowing shall be delivered to the Administrative Agent not later
than 9:00 a.m. Pacific time at least 1 Business Day prior to the Effective Date for Term Loans that are to be Base Rate Loans and
not later than 9:00 a.m. Pacific time at least 3 Business Days prior to the Effective Date for Term Loans that are to be LIBOR
Loans. <FONT STYLE="font-size: 10pt">Such Notice of Borrowing shall specify the aggregate principal amount of the Term Loans to be
borrowed, the Type of the requested Term Loans, and if such Term Loans are to be LIBOR Loans, the initial Interest Period for such
Term Loans.</FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Funding
of Term Loans</U>. Promptly after receipt of the Notice of Borrowing under the immediately preceding subsection (b), the Administrative
Agent shall notify each Term Loan Lender of the proposed borrowing. Each Term Loan Lender shall deposit an amount equal to the Term Loan
to be made by such Term Loan Lender to the Borrower with the Administrative Agent at the Principal Office, in immediately available funds
not later than 9:00 a.m. Pacific time on the Effective Date. Subject to fulfillment of all applicable conditions set forth herein, the
Administrative Agent shall make available to the Borrower in the account specified in the Disbursement Instruction Agreement, not later
than 12:00 p.m. Pacific time on the date of the requested borrowing of Term Loans, the proceeds of such amounts received by the Administrative
Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assumptions
Regarding Funding by Term Loan Lenders</U>. With respect to Term Loans to be made on the Effective Date, unless the Administrative Agent
shall have been notified by any Term Loan Lender that such Lender will not make available to the Administrative Agent a Term Loan to be
made by such Lender, the Administrative Agent may assume that such Lender will make the proceeds of such Term Loan available to the Administrative
Agent in accordance with this Section, and the Administrative Agent may (but shall not be obligated to), in reliance upon such assumption,
make available to the Borrower the amount of such Term Loan to be provided by such Lender. In such event, if such Lender does not make
available to the Administrative Agent the proceeds of such Term Loan, then such Lender and the Borrower severally agree to pay to the
Administrative Agent on demand the amount of such Term Loan with interest thereon, for each day from and including the date such Term
Loan is made available to the Borrower but excluding the date of payment to the Administrative Agent, at (i) in the case of a payment
to be made by such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with
banking industry rules on interbank compensation and (ii) in the case of a payment to be made by the Borrower, the interest rate applicable
to Base Rate Loans that are Term Loan. If the Borrower and such Lender shall pay the amount of such interest to the Administrative Agent
for the same or overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by
the Borrower for such period. If such Lender pays to the Administrative Agent the amount of such Term Loan, the amount so paid shall constitute
such Lender&#8217;s Term Loan included in the borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower
may have against a Term Loan Lender that shall have failed to make available the proceeds of a Term Loan to be made by such Lender.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 2.3. Letters
of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Letters
of Credit</U>. Subject to the terms and conditions of this Agreement, including without limitation, Section&nbsp;2.15., each of the
Issuing Banks, on behalf of the Revolving Lenders, agrees to issue for the account of the Borrower during the period from and
including the Effective Date to, but excluding, the date 30 days prior to the Revolving Termination Date, one or more standby
letters of credit (each a &#8220;Letter of Credit&#8221;) up to a maximum aggregate Stated Amount at any one time outstanding not to
exceed $40,000,000, as such amount may be reduced from time to time in accordance with the terms hereof (the &#8220;L/C Commitment
Amount&#8221;); <U>provided</U>, that an Issuing Bank shall not be obligated to issue any Letter of Credit if (w) after giving
effect to such issuance, the aggregate Stated Amount of outstanding Letters of Credit issued by such Issuing Bank would exceed the
lesser of (i)&nbsp;one-third of the L/C Commitment Amount and (ii)&nbsp;the Revolving Commitment of such Issuing Bank in its
capacity as a Revolving Lender, (x) any order, judgment or decree of any Governmental Authority or arbitrator shall by its terms
purport to enjoin or restrain such Issuing Bank from issuing the Letter of Credit, or any Applicable Law with respect to such
Issuing Bank or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction
over such Issuing Bank shall prohibit, or request that such Issuing Bank refrain from, the issuance of letters of credit generally
or the Letter of Credit in particular, (y) the beneficiary of such Letter of Credit is a Sanctioned Person or (z)&nbsp;such issuance
would conflict with, or cause such Issuing Bank or any Revolving Lender to exceed any limits imposed by, any Applicable Law.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Terms
of Letters of Credit</U>. At the time of issuance, the amount, form, terms and conditions of each Letter of Credit, and of any drafts
or acceptances thereunder, shall be subject to approval by the applicable Issuing Bank and the Borrower. Notwithstanding the foregoing,
in no event may (i)&nbsp;the expiration date of any Letter of Credit extend beyond the date that is 30 days prior to the Revolving Termination
Date, or (ii) any Letter of Credit have an initial duration in excess of one year; provided, however, a Letter of Credit may contain a
provision providing for the automatic extension of the expiration date in the absence of a notice of non-renewal from the applicable Issuing
Bank but in no event shall any such provision permit the extension of the expiration date of such Letter of Credit beyond the date that
is thirty (30) days prior to the Revolving Termination Date; provided, further, that a Letter of Credit (any such Letter of Credit being
referred to as an &#8220;Extended Letter of Credit&#8221;) may, as a result of its express terms or as the result of the effect of an
automatic extension provision, have an expiration date of not more than one year beyond the date that is 30 days prior to the Revolving
Termination Date so long as the Borrower delivers to the Administrative Agent for its benefit and the benefit of the applicable Issuing
Bank and the Revolving Lenders no later than 30 days prior to the Revolving Termination Date Cash Collateral for such Letter of Credit
for deposit into the Letter of Credit Collateral Account in an amount equal to the Stated Amount of such Letter of Credit; provided, that
the obligations of the Borrower under this Section in respect of such Extended Letters of Credit shall survive the termination of this
Agreement and shall remain in effect until no such Extended Letters of Credit remain outstanding. If the Borrower fails to provide Cash
Collateral with respect to any Extended Letter of Credit by the date 30 days prior to the Revolving Termination Date, such failure shall
be treated as a drawing under such Extended Letter of Credit (in an amount equal to the maximum Stated Amount of such Letter of Credit),
which shall be reimbursed (or participations therein funded) by the Revolving Lenders in accordance with the immediately following subsections&nbsp;(i)
and (j), with the proceeds being utilized to provide Cash Collateral for such Letter of Credit. The initial Stated Amount of each Letter
of Credit shall be at least $100,000 (or such lesser amount as may be reasonably acceptable to the Administrative Agent and the applicable
Issuing Bank).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Requests
for Issuance of Letters of Credit</U>. The Borrower shall give the Issuing Bank selected by the Borrower to issue a Letter of Credit
and the Administrative Agent written notice at least 5 Business Days prior to the requested date of issuance of a Letter of Credit,
such notice to describe in reasonable detail the proposed terms of such Letter of Credit and the nature of the transactions or
obligations proposed to be supported by such Letter of Credit, and in any event shall set forth with respect to such Letter of
Credit the proposed (i)&nbsp;initial Stated Amount, (ii)&nbsp;beneficiary, and (iii)&nbsp;expiration date. The Borrower shall also
execute and deliver such customary applications and agreements for standby letters of credit, and other forms as requested from time
to time by the applicable Issuing Bank. Provided the Borrower has given the notice prescribed by the first sentence of this
subsection and delivered such application and agreements referred to in the preceding sentence, subject to the other terms and
conditions of this Agreement, including the applicable Issuing Banks&#8217;s6 approval of the form of the requested Letter of Credit
pursuant to Section 2.3.(b) and the satisfaction of any applicable conditions precedent set forth in Article&nbsp;VI, the applicable
Issuing Bank shall issue the requested Letter of Credit on the requested date of issuance for the benefit of the stipulated
beneficiary but in no event prior to the date 5 Business Days following the date after which such Issuing Bank has received all of
the items required to be delivered to it under this subsection. References herein to &#8220;issue&#8221; and derivations thereof
with respect to Letters of Credit shall also include extensions or modifications of any outstanding Letters of Credit, unless the
context otherwise requires. Upon the written request of the Borrower, the Issuing Banks shall deliver to the Borrower a copy of each
Letter of Credit issued by such Issuing Bank within a reasonable time after the date of issuance thereof. To the extent any term of
a Letter of Credit Document is inconsistent with a term of any Loan Document, the term of such Loan Document shall control.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reimbursement
Obligations</U>. Upon receipt by an Issuing Bank from the beneficiary of a Letter of Credit issued by such Issuing Bank of any demand
for payment under such Letter of Credit and such Issuing Banks&#8217;s determination that such demand for payment complies with the requirements
of such Letter of Credit, such Issuing Bank shall promptly notify the Borrower and the Administrative Agent of the amount to be paid by
such Issuing Bank as a result of such demand and the date on which payment is to be made by such Issuing Bank to such beneficiary in respect
of such demand; provided, however, that such Issuing Banks&#8217;s failure to give, or delay in giving, such notice shall not discharge
the Borrower in any respect from the applicable Reimbursement Obligation. The Borrower hereby absolutely, unconditionally and irrevocably
agrees to pay and reimburse the Issuing Banks for the amount of each demand for payment under a Letter of Credit on or prior to the date
on which payment is to be made by the applicable Issuing Bank to the beneficiary thereunder, without presentment, demand, protest or other
formalities of any kind (other than notice as provided in this subsection). Upon receipt by an Issuing Bank of any payment in respect
of any Reimbursement Obligation, such Issuing Bank shall promptly pay to each Revolving Lender that has acquired a participation therein
under the second sentence of the immediately following subsection (i) such Lender&#8217;s Revolving Commitment Percentage of such payment.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Manner
of Reimbursement</U>. Upon its receipt of a notice referred to in the immediately preceding subsection&nbsp;(d), the Borrower shall advise
the Administrative Agent and the applicable Issuing Bank whether or not the Borrower intends to borrow hereunder to finance its obligation
to reimburse such Issuing Bank for the amount of the related demand for payment and, if it does, the Borrower shall submit a timely request
for such borrowing as provided in the applicable provisions of this Agreement. If the Borrower fails to so advise the Administrative Agent
and the applicable Issuing Bank, or if the Borrower fails to reimburse such Issuing Bank for a demand for payment under a Letter of Credit
by the date of such payment, the failure of which such Issuing Bank shall promptly notify the Administrative Agent, then (i)&nbsp;if the
applicable conditions contained in Article&nbsp;VI. would permit the making of Revolving Loans, the Borrower shall be deemed to have requested
a borrowing of Revolving Loans (which shall be Base Rate Loans) in an amount equal to the unpaid Reimbursement Obligation and the Administrative
Agent shall give each Revolving Lender prompt notice of the amount of the Revolving Loan to be made available to the Administrative Agent
not later than 10:00 a.m. Pacific time and (ii)&nbsp;if such conditions would not permit the making of Revolving Loans, the provisions
of subsection&nbsp;(j) of this Section shall apply. The limitations set forth in the second sentence of Section 2.1.(a) shall not apply
to any borrowing of Base Rate Loans under this subsection.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effect
of Letters of Credit on Revolving Commitments</U>. Upon the issuance by an Issuing Bank of any Letter of Credit and until such Letter
of Credit shall have expired or been cancelled, the Revolving Commitment of each Revolving Lender shall be deemed to be utilized for all
purposes of this Agreement in an amount equal to the product of (i)&nbsp;such Lender&#8217;s Revolving Commitment Percentage and (ii)&nbsp;the
sum of (A) the Stated Amount of such Letter of Credit plus (B)&nbsp;any related Reimbursement Obligations then outstanding.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Issuing
Banks&#8217; Duties Regarding Letters of Credit; Unconditional Nature of Reimbursement Obligations</U>. In examining documents
presented in connection with drawings under Letters of Credit and making payments under such Letters of Credit against such
documents, each Issuing Bank shall only be required to use the same standard of care as it uses in connection with examining
documents presented in connection with drawings under letters of credit in which it has not sold participations and making payments
under such letters of credit. The Borrower assumes all risks of the acts and omissions of, or misuse of the Letters of Credit by,
the respective beneficiaries of such Letters of Credit. In furtherance and not in limitation of the foregoing, none of the Issuing
Banks, Administrative Agent or any of the Revolving Lenders shall be responsible for, and the Borrower&#8217;s obligations in
respect of Letters of Credit shall not be affected in any manner by, (i)&nbsp;the form, validity, sufficiency, accuracy, genuineness
or legal effects of any document submitted by any party in connection with the application for and issuance of or any drawing
honored under any Letter of Credit even if such document should in fact prove to be in any or all respects invalid, insufficient,
inaccurate, fraudulent or forged; (ii)&nbsp;the validity or sufficiency of any instrument transferring or assigning or purporting to
transfer or assign any Letter of Credit, or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may
prove to be invalid or ineffective for any reason; (iii)&nbsp;failure of the beneficiary of any Letter of Credit to comply fully
with conditions required in order to draw upon such Letter of Credit; (iv)&nbsp;errors, omissions, interruptions or delays in
transmission or delivery of any messages, by mail, cable, facsimile, electronic mail, telecopy or otherwise, whether or not they be
in cipher; (v)&nbsp;errors in interpretation of technical terms; (vi)&nbsp;any loss or delay in the transmission or otherwise of any
document required in order to make a drawing under any Letter of Credit, or of the proceeds thereof; (vii)&nbsp;the misapplication
by the beneficiary of any Letter of Credit, or of the proceeds of any drawing under any Letter of Credit; or (viii)&nbsp;any
consequences arising from causes beyond the control of the Issuing Banks, Administrative Agent or the Revolving Lenders. None of the
above shall affect, impair or prevent the vesting of any of the applicable Issuing Bank&#8217;s or Administrative Agent&#8217;s
rights or powers hereunder. Any action taken or omitted to be taken by an Issuing Bank under or in connection with any Letter of
Credit, if taken or omitted in the absence of gross negligence or willful misconduct (as determined by a court of competent
jurisdiction in a final, non-appealable judgment), shall not create against such Issuing Bank any liability to the Borrower, the
Administrative Agent or any Revolving Lender. In this connection, the obligation of the Borrower to reimburse the applicable Issuing
Bank for any drawing made under any Letter of Credit, and to repay any Revolving Loan made pursuant to the second sentence of the
immediately preceding subsection (e), shall be absolute, unconditional and irrevocable and shall be paid strictly in accordance with
the terms of this Agreement and any other applicable Letter of Credit Document under all circumstances whatsoever, including without
limitation, the following circumstances: (A)&nbsp;any lack of validity or enforceability of any Letter of Credit Document or any
term or provisions therein; (B)&nbsp;any amendment or waiver of or any consent to departure from all or any of the Letter of Credit
Documents; (C)&nbsp;the existence of any claim, setoff, defense or other right which the Borrower may have at any time against any
Issuing Bank, the Administrative Agent or any Revolving Lender, any beneficiary of a Letter of Credit or any other Person, whether
in connection with this Agreement, the transactions contemplated hereby or in the Letter of Credit Documents or any unrelated
transaction; (D)&nbsp;any breach of contract or dispute between the Borrower, any Issuing Bank, the Administrative Agent, any
Revolving Lender or any other Person; (E)&nbsp;any demand, statement or any other document presented under a Letter of Credit
proving to be forged, fraudulent, invalid or insufficient in any respect or any statement therein or made in connection therewith
being untrue or inaccurate in any respect whatsoever; (F)&nbsp;any non&#45;application or misapplication by the beneficiary of a
Letter of Credit or of the proceeds of any drawing under such Letter of Credit; (G)&nbsp;payment by an Issuing Bank under any Letter
of Credit issued by such Issuing Bank against presentation of a draft or certificate which does not strictly comply with the terms
of such Letter of Credit; and (H)&nbsp;any other act, omission to act, delay or circumstance whatsoever that might, but for the
provisions of this Section, constitute a legal or equitable defense to or discharge of, or provide a right of setoff against, the
Borrower&#8217;s Reimbursement Obligations. Notwithstanding anything to the contrary contained in this Section or
Section&nbsp;13.9., but not in limitation of the Borrower&#8217;s unconditional obligation to reimburse an Issuing Bank for any
drawing made under a Letter of Credit issued by such Issuing Bank as provided in this Section and to repay any Revolving Loan made
pursuant to the second sentence of the immediately preceding subsection&nbsp;(e), the Borrower shall have no obligation to indemnify
the Administrative Agent, any Issuing Bank or any Lender in respect of any liability incurred by the Administrative Agent, such
Issuing Bank or such Lender arising solely out of the gross negligence or willful misconduct of the Administrative Agent, such
Issuing Bank or such Lender in respect of a Letter of Credit as determined by a court of competent jurisdiction in a final,
non-appealable judgment. Notwithstanding the above, nothing in this Section shall affect any rights the Borrower may have with
respect to the gross negligence or willful misconduct of the Administrative Agent, any Issuing Bank or any Lender with respect to
any Letter of Credit.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendments,
Etc</U>. The issuance by an Issuing Bank of any amendment, supplement or other modification to any Letter of Credit issued by such Issuing
Bank shall be subject to the same conditions applicable under this Agreement to the issuance of new Letters of Credit (including, without
limitation, that the request therefor be made through such Issuing Bank), and no such amendment, supplement or other modification shall
be issued unless either (i)&nbsp;the respective Letter of Credit affected thereby would have complied with such conditions had it originally
been issued hereunder in such amended, supplemented or modified form or (ii)&nbsp;the Administrative Agent and appropriate Revolving Lenders
required by Section&nbsp;13.6. shall have consented thereto. In connection with any such amendment, supplement or other modification,
the Borrower shall pay the fees, if any, payable under the last sentence of Section&nbsp;3.5.(c).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Revolving
Lenders&#8217; Participation in Letters of Credit</U>. Immediately upon the issuance by an Issuing Bank of any Letter of Credit each Revolving
Lender shall be deemed to have absolutely, irrevocably and unconditionally purchased and received from such Issuing Bank, without recourse
or warranty, an undivided interest and participation to the extent of such Lender&#8217;s Revolving Commitment Percentage of the liability
of such Issuing Bank with respect to such Letter of Credit and each Revolving Lender thereby shall absolutely, unconditionally and irrevocably
assume, as primary obligor and not as surety, and shall be unconditionally obligated to the such Issuing Bank to pay and discharge when
due, such Lender&#8217;s Revolving Commitment Percentage of such Issuing Bank&#8217;s liability under such Letter of Credit. In addition,
upon the making of each payment by a Revolving Lender to the Administrative Agent for the account of an Issuing Bank in respect of any
Letter of Credit issued by such Issuing Bank pursuant to the immediately following subsection&nbsp;(j), such Lender shall, automatically
and without any further action on the part of such Issuing Bank, Administrative Agent or such Lender, acquire (i)&nbsp;a participation
in an amount equal to such payment in the Reimbursement Obligation owing to the applicable Issuing Bank by the Borrower in respect of
such Letter of Credit and (ii)&nbsp;a participation in a percentage equal to such Lender&#8217;s Revolving Commitment Percentage in any
interest or other amounts payable by the Borrower in respect of such Reimbursement Obligation (other than the Fees payable to the applicable
Issuing Bank pursuant to the second and the last sentences of Section&nbsp;3.5.(c)).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
Obligation of Revolving Lenders</U>. Each Revolving Lender severally agrees to pay to the Administrative Agent, for the account of
the applicable Issuing Bank, on demand in immediately available funds in Dollars the amount of such Lender&#8217;s Revolving
Commitment Percentage of each drawing paid by such Issuing Bank under each Letter of Credit issued by such Issuing Bank to the
extent such amount is not reimbursed by the Borrower pursuant to the immediately preceding subsection (d); provided, however, that
in respect of any drawing under any Letter of Credit, the maximum amount that any Revolving Lender shall be required to fund,
whether as a Revolving Loan or as a participation, shall not exceed such Lender&#8217;s Revolving Commitment Percentage of such
drawing except as otherwise provided in Section&nbsp;3.9.(d). If the notice referenced in the second sentence of the immediately
preceding subsection (e) is received by a Lender not later than 9:00 a.m. Pacific time, then such Revolving Lender shall make such
payment available to the Administrative Agent not later than 12:00 p.m. Pacific time on the date of demand therefor; otherwise, such
payment shall be made available to the Administrative Agent not later than 11:00 a.m. Pacific time on the next succeeding Business
Day. Each Revolving Lender&#8217;s obligation to make such payments to the Administrative Agent under this subsection, and the
Administrative Agent&#8217;s right to receive the same for the account of the applicable Issuing Bank, shall be absolute,
irrevocable and unconditional and shall not be affected in any way by any circumstance whatsoever, including without limitation,
(i)&nbsp;the failure of any other Revolving Lender to make its payment under this subsection, (ii)&nbsp;the financial condition of
the Borrower or any other Loan Party, (iii)&nbsp;the existence of any Default or Event of Default, including any Event of Default
described in Section&nbsp;11.1.(f) or (g), (iv)&nbsp;the termination of the Revolving Commitments or (v)&nbsp;the delivery of Cash
Collateral in respect of any Extended Letter of Credit. Each such payment to the Administrative Agent for the account of an Issuing
Bank shall be made without any offset, abatement, withholding or deduction whatsoever.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Information
to Revolving Lenders</U>. Periodically, each Issuing Bank shall deliver to the Administrative Agent, which shall promptly deliver the
same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing
Bank and outstanding at such time. Upon the request of any Revolving Lender from time to time, each Issuing Bank shall deliver any other
information reasonably requested by such Revolving Lender with respect to each Letter of Credit issued by such Issuing Bank and then outstanding.
Other than as set forth in this subsection, the Issuing Banks shall have no duty to notify the Lenders regarding the issuance or other
matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank to perform its requirements under this&nbsp;subsection
shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection&nbsp;(j).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Extended
Letters of Credit</U>. Each Revolving Lender confirms that its obligations under the immediately preceding subsections (i) and (j) shall
be reinstated in full and apply if the delivery of any Cash Collateral in respect of an Extended Letter of Credit is subsequently invalidated,
declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver or any other party, in connection
with any proceeding under any Debtor Relief Law or otherwise.</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 2.4. Swingline
Loans.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Swingline
Loans</U>. Subject to the terms and conditions hereof, including without limitation Section&nbsp;2.15, the Swingline Lender agrees to
make Swingline Loans to the Borrower, during the period from the Effective Date to but excluding the Swingline Maturity Date, in an aggregate
principal amount at any one time outstanding up to, but not exceeding, the lesser (such lesser amount being referred to as the &#8220;Swingline
Availability&#8221;) of (i) $40,000,000, as such amount may be reduced from time to time in accordance with the terms hereof and (ii)
the Revolving Commitment of the Swingline Lender in its capacity as a Revolving Lender minus the aggregate outstanding principal amount
of Revolving Loans of the Swingline Lender in its capacity as a Revolving Lender. If at any time the aggregate principal amount of the
Swingline Loans outstanding at such time exceeds the Swingline Availability at such time, the Borrower shall immediately pay the Administrative
Agent for the account of the Swingline Lender the amount of such excess. Subject to the terms and conditions of this Agreement, the Borrower
may borrow, repay and reborrow Swingline Loans hereunder. The borrowing of a Swingline Loan shall not constitute usage of any Revolving
Lender&#8217;s Revolving Commitment for purposes of calculation of the fee payable under Section&nbsp;3.5.(b).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Procedure
for Borrowing Swingline Loans</U>. The Borrower shall give the Administrative Agent and the Swingline Lender notice pursuant to a Notice
of Swingline Borrowing or telephonic notice of each borrowing of a Swingline Loan. Each Notice of Swingline Borrowing shall be delivered
to the Swingline Lender no later than 9:00 a.m. Pacific time on the proposed date of such borrowing. Any telephonic notice shall include
all information to be specified in a written Notice of Swingline Borrowing and shall be promptly confirmed in writing by the Borrower
pursuant to a Notice of Swingline Borrowing sent to the Swingline Lender on the same day of the giving of such telephonic notice. Not
later than 12:00 noon Pacific time on the date of the requested Swingline Loan and subject to satisfaction of the applicable conditions
set forth in Section&nbsp;6.2. for such borrowing, the Swingline Lender will make the proceeds of such Swingline Loan available to the
Borrower in Dollars, in immediately available funds, in the account specified by the Borrower in the Disbursement Instruction Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Interest</U>.
Swingline Loans shall bear interest at a per annum rate equal to the Base Rate as in effect from time to time plus the Applicable Margin
for Base Rate Loans that are Revolving Loans. Interest on Swingline Loans is solely for the account of the Swingline Lender (except to
the extent a Revolving Lender acquires a participating interest in a Swingline Loan pursuant to the immediately following subsection (e)).
All accrued and unpaid interest on Swingline Loans shall be payable on the dates and in the manner provided in Section 2.5. with respect
to interest on Base Rate Loans (except as the Swingline Lender and the Borrower may otherwise agree in writing in connection with any
particular Swingline Loan).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Swingline
Loan Amounts, Etc</U>. Each Swingline Loan shall be in the minimum amount of $500,000 and integral multiples of $100,000 in excess thereof,
or such other minimum amounts agreed to by the Swingline Lender and the Borrower. Any voluntary prepayment of a Swingline Loan must be
in integral multiples of $100,000 or the aggregate principal amount of all outstanding Swingline Loans (or such other minimum amounts
upon which the Swingline Lender and the Borrower may agree) and in connection with any such prepayment, the Borrower must give the Swingline
Lender and the Administrative Agent prior written notice thereof no later than 9:00&nbsp;a.m. Pacific time on the day prior to the date
of such prepayment. The Swingline Loans shall, in addition to this Agreement, be evidenced by the Swingline Note.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Repayment
and Participations of Swingline Loans</U>. The Borrower agrees to repay each Swingline Loan within 3 Business Day of demand therefor
by the Swingline Lender and, in any event, within 5 Business Days after the date such Swingline Loan was made; provided, that the
proceeds of a Swingline Loan may not be used to pay a Swingline Loan. Notwithstanding the foregoing, the Borrower shall repay the
entire outstanding principal amount of, and all accrued but unpaid interest on, the Swingline Loans on the Swingline Maturity Date
(or such earlier date as the Swingline Lender and the Borrower may agree in writing). In lieu of demanding repayment of any
outstanding Swingline Loan from the Borrower, the Swingline Lender may, on behalf of the Borrower (which hereby irrevocably directs
the Swingline Lender to act on its behalf), request a borrowing of Revolving Loans that are Base Rate Loans from the Revolving
Lenders in an amount equal to the principal balance of such Swingline Loan. The amount limitations contained in the second sentence
of Section&nbsp;2.1.(a) shall not apply to any borrowing of such Revolving Loans made pursuant to this subsection. The Swingline
Lender shall give notice to the Administrative Agent of any such borrowing of Revolving Loans not later than 9:00 a.m. Pacific time
at least one Business Day prior to the proposed date of such borrowing. Promptly after receipt of such notice of borrowing of
Revolving Loans from the Swingline Lender under the immediately preceding sentence, the Administrative Agent shall notify each
Revolving Lender of the proposed borrowing. Not later than 9:00 a.m. Pacific time on the proposed date of such borrowing, each
Revolving Lender will make available to the Administrative Agent at the Principal Office for the account of the Swingline Lender, in
immediately available funds, the proceeds of the Revolving Loan to be made by such Lender. The Administrative Agent shall pay the
proceeds of such Revolving Loans to the Swingline Lender, which shall apply such proceeds to repay such Swingline Loan. If the
Revolving Lenders are prohibited from making Revolving Loans required to be made under this subsection for any reason whatsoever,
including without limitation, the existence of any of the Defaults or Events of Default described in Sections&nbsp;11.1.(f) or (g),
each Revolving Lender shall purchase from the Swingline Lender, without recourse or warranty, an undivided interest and
participation to the extent of such Revolving Lender&#8217;s Revolving Commitment Percentage of such Swingline Loan, by directly
purchasing a participation in such Swingline Loan in such amount and paying the proceeds thereof to the Administrative Agent for the
account of the Swingline Lender in Dollars and in immediately available funds. A Revolving Lender&#8217;s obligation to purchase
such a participation in a Swingline Loan shall be absolute and unconditional and shall not be affected by any circumstance
whatsoever, including without limitation, (i)&nbsp;any claim of setoff, counterclaim, recoupment, defense or other right which such
Lender or any other Person may have or claim against the Administrative Agent, the Swingline Lender or any other Person whatsoever,
(ii)&nbsp;the existence of a Default or Event of Default (including without limitation, any of the Defaults or Events of Default
described in Sections 11.1.&nbsp;(f) or (g)), or the termination of any Revolving Lender&#8217;s Revolving Commitment,
(iii)&nbsp;the existence (or alleged existence) of an event or condition which has had or could have a Material Adverse Effect,
(iv)&nbsp;any breach of any Loan Document by the Administrative Agent, any Lender, the Parent, the Borrower or any other Loan Party,
or (v)&nbsp;any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing. If such amount is
not in fact made available to the Swingline Lender by any Revolving Lender, the Swingline Lender shall be entitled to recover such
amount on demand from such Lender, together with accrued interest thereon for each day from the date of demand thereof, at the
Federal Funds Rate. If such Lender does not pay such amount forthwith upon the Swingline Lender&#8217;s demand therefor, and until
such time as such Lender makes the required payment, the Swingline Lender shall be deemed to continue to have outstanding Swingline
Loans in the amount of such unpaid participation obligation for all purposes of the Loan Documents (other than those provisions
requiring the other Revolving Lenders to purchase a participation therein). Further, such Lender shall be deemed to have assigned
any and all payments made of principal and interest on its Revolving Loans, and any other amounts due it hereunder, to the Swingline
Lender to fund Swingline Loans in the amount of the participation in Swingline Loans that such Lender failed to purchase pursuant to
this Section until such amount has been purchased (as a result of such assignment or otherwise)</P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.5.
Rates and Payment of Interest on Loans.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Rates</U>.</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower promises to pay to the Administrative Agent for the account of each Revolving Lender interest on the unpaid principal amount
of each Revolving Loan made by such Revolving Lender for the period from and including the date of the making of such Revolving Loan to
but excluding the date such Revolving Loan shall be paid in full, at the following per annum rates:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;during
such periods as such Revolving Loan is a Base Rate Loan, at the Base Rate (as in effect from time to time), plus the Applicable Margin
for Revolving Loans that are Base Rate Loans; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;during
such periods as such Revolving Loan is a LIBOR Loan, at LIBOR for such Revolving Loan for the Interest Period therefor, plus the
Applicable Margin for Revolving Loans that are LIBOR Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower promises to pay to the Administrative Agent for the account of each Term Loan Lender interest on the unpaid principal amount
of each Term Loan made by such Term Loan Lender for the period from and including the date of the making of such Term Loan to but excluding
the date such Term Loan shall be paid in full, at the following per annum rates:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;during
such periods as such Term Loan is a Base Rate Loan, at the Base Rate (as in effect from time to time), plus the Applicable Margin
for Term Loans that are Base Rate Loans; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;during
such periods as such Term Loan is a LIBOR Loan, at LIBOR for such Loan for the Interest Period therefor, plus the Applicable Margin
for Term Loans that are LIBOR Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding the foregoing, while an
Event of Default exists under Section 11.1.(a), 11.1.(b), 11.1.(f), or 11.1.(g), or at the direction of the Requisite Lenders upon
the existence of any other Event of Default, the Borrower shall pay to the Administrative Agent for the account of each Class of
Lenders and the Issuing Banks, as the case may be, interest at the Post-Default Rate on the outstanding principal amount of any
Class of Loans made by such Lender, on all Reimbursement Obligations and on any other amount payable by the Borrower hereunder or
under the Notes held by such Lender to or for the account of such Lender (including without limitation, accrued but unpaid interest
to the extent permitted under Applicable Law).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Interest</U>. All accrued and unpaid interest on the outstanding principal amount of each Loan shall be payable (i)&nbsp;monthly in
arrears on the first day of each month, commencing with the first full calendar month occurring after the Effective Date and (ii)&nbsp;on
any date on which the principal balance of such Loan is due and payable in full (whether at maturity, due to acceleration or otherwise).
Interest payable at the Post-Default Rate shall be payable from time to time on demand. All determinations by the Administrative Agent
of an interest rate hereunder shall be conclusive and binding on the Lenders and the Borrower for all purposes, absent manifest error.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Borrower
Information Used to Determine Applicable Interest Rates</U>. The parties understand that the applicable interest rate for the Obligations
and certain fees set forth herein may be determined and/or adjusted from time to time based upon certain financial ratios and/or other
information to be provided or certified to the Lenders by the Parent or the Borrower (the &#8220;Borrower Information&#8221;). If it is
subsequently determined that any such Borrower Information was incorrect (for whatever reason, including without limitation because of
a subsequent restatement of earnings by the Parent or the Borrower) at the time it was delivered to the Administrative Agent, and if the
applicable interest rate or fees calculated for any period were lower than they should have been had the correct information been timely
provided, then, such interest rate and such fees for such period shall be automatically recalculated using correct Borrower Information.
The Administrative Agent shall promptly notify the Borrower in writing of any additional interest and fees due because of such recalculation,
and the Borrower shall pay such additional interest or fees due to the Administrative Agent, for the account of each Lender, within 5
Business Days of receipt of such written notice. Any recalculation of interest or fees required by this provision shall survive the termination
of this Agreement, and this provision shall not in any way limit any of the Administrative Agent&#8217;s, any Issuing Bank&#8217;s, or
any Lender&#8217;s other rights under this Agreement.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.6.
Number of Interest Periods.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">There may be no more than
7 different Interest Periods for LIBOR Loans outstanding at the same time.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.7.
Repayment of Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall repay the
entire outstanding principal amount of, and all accrued but unpaid interest on, each Class of Loans on the Termination Date for such Class
of Loans.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.8.
Prepayments.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Optional</U>.
Subject to Section&nbsp;5.4., the Borrower may prepay any Loan at any time without premium or penalty. The Borrower shall give the Administrative
Agent at least 2 Business Days prior written notice of the prepayment of any Loan. Each voluntary partial prepayment of Loans shall be
in an aggregate minimum amount of $100,000 and integral multiples of $100,000 in excess thereof.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Mandatory</U>.</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Overadvance</U>.
If at any time the aggregate principal amount of all outstanding Revolving Loans and Swingline Loans, together with the aggregate amount
of all Letter of Credit Liabilities, exceeds the aggregate amount of the Revolving Commitments, the Borrower shall immediately upon demand
pay to the Administrative Agent for the account of the Revolving Lenders then holding Revolving Commitments (or if the Revolving Commitments
have been terminated, then holding outstanding Revolving Loans and/or Letter of Credit Liabilities), the amount of such excess.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Asset
Sales / Insurance and Condemnation</U>. If, at any time, on and after the First Amendment Date and prior to the end of the Restriction
Period, the Parent, the Borrower or any Subsidiary thereof receives Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds, the
Borrower shall, in accordance with clause (v) below, prepay the Term Loans, prepay the Revolving Loans and Swingline Loans and Cash Collateralize
the Letter of Credit Liabilities (without a permanent reduction in the Revolving Commitments) and prepay the Existing Term Loan (to an
amount not less than the Existing Term Loan Floor) in an amount equal to such Net Asset Sale Proceeds and Net Insurance/Condemnation Proceeds,
as the case may be, within three (3) Business Days of the Parent&#8217;s, Borrower&#8217;s, or such Subsidiary&#8217;s receipt thereof.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Issuance
of Indebtedness</U>. If, at any time, on and after the First Amendment Date and prior to the last day of the Restriction Period, the Parent,
the Borrower or any Subsidiary thereof receives cash proceeds from any incurrence of any Indebtedness (including the net proceeds of any
refinancing of existing Indebtedness but excluding Excluded Prepayment Debt), the Borrower shall, in accordance with clause (v) below,
prepay the Term Loans, prepay the Revolving Loans and Swingline Loans and Cash Collateralize the Letter of Credit Liabilities (without
a permanent reduction in the Revolving Commitments) and prepay the Existing Term Loan (to an amount not less than the Existing Term Loan
Floor) in an amount equal to the amount of such cash proceeds, net of underwriting discounts and commissions and other reasonable costs
and expenses associated therewith (to the extent not paid to an Affiliate of the Parent, the Borrower or its Subsidiaries), including
reasonable legal fees and expenses, within three (3) Business Days of the Parent&#8217;s, the Borrower&#8217;s or such Subsidiary&#8217;s
receipt of such cash proceeds.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U>Equity
Issuances</U>. If, at any time, on and after the First Amendment Date and prior to the last day of the Restriction Period, the
Parent, the Borrower or any Subsidiary thereof receives cash proceeds from any Equity Issuances (other than, with respect to Equity
Issuances, as provided in the final sentence of this clause (b)(iv)), the Borrower shall, in accordance with clause (v) below,
prepay the Revolving Loans and Swingline Loans and Cash Collateralize the Letter of Credit Liabilities (without a permanent
reduction in the Revolving Commitments) in an amount equal to the amount of such cash proceeds, net of underwriting discounts and
commissions and other reasonable costs and expenses associated therewith (to the extent not paid to an Affiliate of the Parent, the
Borrower or its Subsidiaries), including reasonable legal fees and expenses, within three (3) Business Days of the Parent&#8217;s,
the Borrower&#8217;s or such Subsidiary&#8217;s receipt of such cash proceeds. Notwithstanding the foregoing the net proceeds of
Equity Issuances shall not be required to be used to prepay such amounts if (<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>i)
the proceeds of such Equity Issuances are promptly applied to acquisitions of Unencumbered Properties (or the Equity Interests of a
direct or indirect owner of an Unencumbered Property) as permitted pursuant to Section 10.15(e)(iii)(C) (for the avoidance of doubt,
the amount of such Equity Issuance proceeds excluded from the Equity Issuance mandatory prepayment under this clause (i) shall not
exceed the lesser of (x) the amount of the Equity Issuances applied to purchase Investments permitted under Section 10.15(e)(iii)(C)
and (y) the remaining amount available for Investments under Section 10.15(e)(iii)(C)) or (ii) (</U></FONT>A) subject to the
immediately following sentence, both at the time of any Equity Issuance and after giving effect to any purchase of Properties as
described in clause (B) below, Availability is equal to or greater than $225,000,000 and (B) the proceeds of Equity Issuances are
either (1) retained as unrestricted cash on the balance sheet of the Borrower, (2) applied to the purchase of one or more
Unencumbered Properties or (3) applied to the purchase of one or more other Properties; provided that, with respect to this clause
(3), (x) any <FONT STYLE="font-size: 10pt">debt incurred or assumed in connection with the purchase of such Properties is
Nonrecourse Indebtedness and (y) the aggregate amount of net proceeds from all Equity Issuances applied in accordance with this
clause (3) shall not exceed $100,000,000 (subject to compliance with Section 10.15(e)(iv)) (clauses (1) &#8211; (3) <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>of
this clause (ii)(B) </U></FONT></FONT><FONT STYLE="font-size: 10pt">are collectively referred to as the &#8220;Equity Payment
Exclusions&#8221;). Notwithstanding clause (<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>ii)(</U></FONT></FONT><FONT STYLE="font-size: 10pt">A)
above, if Availability at the time of any Equity Issuance is less than $225,000,000 or would be less than $225,000,000 after giving
effect to any purchase of Properties as described in clause (<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>ii)(</U></FONT></FONT><FONT STYLE="font-size: 10pt">B)
above, if the Borrower repays Revolving Loans and/or Swingline Loans with the proceeds of such Equity Issuance and, so long as after
giving effect to any such repayment and any purchase of Properties as described in clause (<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>ii)(</U></FONT></FONT><FONT STYLE="font-size: 10pt">B)
above Availability is equal to or greater than $225,000,000, any remaining proceeds of such Equity Issuance may be applied in
accordance with the Equity Payment Exclusions.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify"><U>Application of Mandatory Prepayments</U>.</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">A.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Amounts paid under the preceding subsections&nbsp;(b)(i) and (b)(iv) and any amounts required to be paid under the preceding subsections
(b)(ii) and (b)(iii) which are to be allocated to the Revolving Loans and Letter of Credit Liabilities pursuant to the following clause
(B) and (C) shall be applied to pay all amounts of principal outstanding on the Revolving Loans and any Reimbursement Obligations pro
rata in accordance with Section&nbsp;3.2. and if any Letters of Credit are outstanding at such time, the remainder, if any, shall be deposited
into the Letter of Credit Collateral Account for application to any Reimbursement Obligations.</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">B.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Amounts paid under the preceding subsections (b)(ii) and (iii) (other than under (b)(ii) if the Net Asset Sale Proceeds result
from the sale of an Unencumbered Property (or the Equity Interests of a direct or indirect owner of an Unencumbered Property)) shall be
applied as follows: (I) if Availability as of the date of such prepayment is greater than or equal to $250,000,000, first, to prepay the
Revolving Loans and Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in the Revolving
Commitments) until the Availability equals $400,000,000, then, on a pro rata basis to prepay the Term Loan and prepay the Existing Term
Loan (to an amount not less than the Existing Term Loan Floor) or (II) if Availability as of the date of such prepayment is less than
$250,000,000, first, on a pro rata basis to prepay the Term Loan, prepay the Revolving Loans and Swingline Loans and to Cash Collateralize
the Letter of Credit Liabilities (without a permanent reduction in the Revolving Commitments) and prepay the Existing Term Loan (to an
amount not less than the Existing Term Loan Floor) until the Availability is equal to or greater than $250,000,000, second, to prepay
the Revolving Loans and Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in the
Revolving Commitments) until the Availability equals $400,000,000, and third, on a pro rata basis to prepay the Term Loan and the Existing
Term Loan (to an amount not less than the Existing Term Loan Floor).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">C.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT>Amounts
paid under the preceding subsection (b)(ii) if the Net Asset Sale Proceeds result from the sale of an Unencumbered Property (or the
Equity Interests of a direct or indirect owner of an Unencumbered Property) shall be applied (x) with respect to Net Asset Sale
Proceeds which are not UP Retained Proceeds, first, on a pro rata basis to prepay the Term Loan and prepay the Existing Term Loan
until each is paid in full (or, in the case of the Existing Term Loan, paid to the Existing Term Loan Floor) and then to prepay the
Revolving Loans and the Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in
the Revolving Commitments) and (y) with respect to Net Asset Sale Proceeds which are UP Retained Proceeds, (I) if Availability as of
the date of such prepayment is greater than or equal to $225,000,000, (1) the first $100,000,000 of such UP Retained Proceeds shall
be applied first, to prepay the Revolving Loans and Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities
(without a permanent reduction in the Revolving Commitments) until the Availability equals $400,000,000, then, shall be retained as
unrestricted cash on the balance sheet of the Borrower, (2) the next $100,000,000 of such UP Retained Proceeds shall be applied
equally (i.e. divided evenly among the following clauses (a) and (b)) to prepay (a) the Term Loan and the Existing Term Loan on a
pro rata basis and (b) the Revolving Loans and Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities (without a
permanent reduction in the Revolving Commitments) until the Availability equals $400,000,000, then, shall be retained as
unrestricted cash on the balance sheet of the Borrower and (3) the remaining UP Retained Proceeds shall be applied on a pro rata
basis to prepay the Term Loan and prepay the Existing Term Loan until each is paid in full (or, in the case of the Existing Term
Loan, paid to the Existing Term Loan Floor) and then to prepay the Revolving Loans and the Swingline Loans and to Cash Collateralize
the Letter of Credit Liabilities (without a permanent reduction in the Revolving Commitments) or (II) if Availability as of the date
of such prepayment is less than $225,000,000, the UP Retained Proceeds shall be applied first to the Revolving Loans and Swingline
Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in the Revolving Commitments) until
the Availability equals $225,000,000, then, the remainder of such UP Retained Proceeds shall be applied as set forth in clause
(I)(1) &#8211; (3) above. Notwithstanding the foregoing, the parties hereto agree that if the Borrower or its Subsidiaries sell the
Property known as Hilton Garden Inn New York - Times Square Central the proceeds of such sale shall not be required to be prepaid
pursuant to the foregoing, if, within 10 Business Days following such sale, the proceeds of such sale are applied to the Revolving
Loans and Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in the Revolving
Commitments) until the Availability equals $400,000,000, then, are retained as unrestricted cash on the balance sheet of the
Borrower.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">D.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The pro rata amount allocable to any of the Obligations and the Existing Term Loan in accordance with clauses (B) and (C) above
shall be calculated by dividing (1)(I) with respect to the Term Loan, the outstanding principal amount of the Term Loan on such date,
(II) with respect to the Revolving Loans, Swingline Loans and Letters of Credit, the amount of the Revolving Loans, Swingline Loans and
Letter of Credit Liabilities on such date or (III) in the case of the Existing Term Loan, the outstanding principal amount of the Existing
Term Loan on such date, by (2) the aggregate amount of the (x) Term Loan, (y) the Revolving Loans, Swingline Loans and Letter of Credit
Liabilities and/or (z) the Existing Term Loan, in each case, to the extent entitled to participate in such payments.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary set forth herein, except with respect to the mandatory prepayment described in Section (b)(i) above, any
waiver of any mandatory prepayment or modifications to the application of the proceeds thereof prior to the end of the Restriction
Period shall require the consent of the Borrower, the Administrative Agent and the Requisite Lenders and shall require the consent
of the administrative agent under the Existing Term Loan Agreement and the &#8220;Requisite Lenders&#8221; under, and as defined in,
the Existing Term Loan Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Borrower is required to pay any outstanding LIBOR Loans by reason of this Section 2.8. prior to the end of the applicable Interest
Period therefor, the Borrower shall pay all amounts due under Section&nbsp;5.4.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.9.
Continuation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">So long as no Default or Event
of Default exists, the Borrower may on any Business Day, with respect to any LIBOR Loan, elect to maintain such LIBOR Loan or any portion
thereof as a LIBOR Loan by selecting a new Interest Period for such LIBOR Loan. Each Continuation of LIBOR Loans of the same Class shall
be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess of that amount, and each new Interest Period
selected under this Section shall commence on the last day of the immediately preceding Interest Period. Each selection of a new Interest
Period shall be made by the Borrower giving to the Administrative Agent a Notice of Continuation not later than 9:00&nbsp;a.m. Pacific
time on the third Business Day prior to the date of any such Continuation. Such notice by the Borrower of a Continuation shall be by telecopy,
electronic mail or other similar form of communication in the form of a Notice of Continuation, specifying (a)&nbsp;the proposed date
of such Continuation, (b)&nbsp;the LIBOR Loans, Class and portions thereof subject to such Continuation and (c)&nbsp;the duration of the
selected Interest Period, all of which shall be specified in such manner as is necessary to comply with all limitations on Loans outstanding
hereunder. Each Notice of Continuation shall be irrevocable by and binding on the Borrower once given. Promptly after receipt of a Notice
of Continuation, the Administrative Agent shall notify each Lender holding Loans being Continued of the proposed Continuation. If the
Borrower shall fail to select in a timely manner a new Interest Period for any LIBOR Loan in accordance with this Section, such Loan will
automatically, on the last day of the current Interest Period therefor, continue as a LIBOR Loan with an Interest Period of one month;
provided, however that if a Default or Event of Default exists, such Loan will automatically, on the last day of the current Interest
Period therefor, Convert into a Base Rate Loan notwithstanding the first sentence of Section&nbsp;2.10. or the Borrower&#8217;s failure
to comply with any of the terms of such Section.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.10.
Conversion.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower may on any Business
Day, upon the Borrower&#8217;s giving of a Notice of Conversion to the Administrative Agent by telecopy, electronic mail or other similar
form of communication, Convert all or a portion of a Loan of one Type into a Loan of another Type; provided, however, a Base Rate Loan
may not be Converted into a LIBOR Loan if a Default or Event of Default exists. Each Conversion of Base Rate Loans of the same Class into
LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess of that
amount. Each such Notice of Conversion shall be given not later than 9:00&nbsp;a.m. Pacific time 3 Business Days prior to the date of
any proposed Conversion. Promptly after receipt of a Notice of Conversion, the Administrative Agent shall notify each Lender holding Loans
being Converted of the proposed Conversion. Subject to the restrictions specified above, each Notice of Conversion shall be by telecopy,
electronic mail or other similar form of communication in the form of a Notice of Conversion specifying (a)&nbsp;the requested date of
such Conversion, (b)&nbsp;the Type and Class of Loan to be Converted, (c)&nbsp;the portion of such Type of Loan to be Converted, (d)&nbsp;the
Type of Loan such Loan is to be Converted into and (e)&nbsp;if such Conversion is into a LIBOR Loan, the requested duration of the Interest
Period of such Loan. Each Notice of Conversion shall be irrevocable by and binding on the Borrower once given.</P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.11.
Notes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notes</U>.
Except in the case of a Lender that has notified the Administrative Agent in writing that it elects not to receive a Note, the Loans of
any Class made by each Lender in such Class shall, in addition to this Agreement, also be evidenced by a Note of such Class, payable to
the order of such Lender in a principal amount equal to the amount of its Commitment of such Class as originally in effect and otherwise
duly completed. The Swingline Loans made by the Swingline Lender to the Borrower shall, in addition to this Agreement, also be evidenced
by a Swingline Note payable to the order of the Swingline Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Records</U>.
The date, amount, interest rate, Type, Class and duration of Interest Periods (if applicable) of each Loan made by each Lender to the
Borrower, and each payment made on account of the principal thereof, shall be evidenced by one or more accounts or records maintained
by such Lender or and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative
Agent and each Lender shall be conclusive absent manifest error. Any failure to so record or any error in doing so shall not, however,
limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event
of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in
respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Lost,
Stolen, Destroyed or Mutilated Notes</U>. Upon receipt by the Borrower of (i)&nbsp;written notice from a Lender that a Note of such Lender
has been lost, stolen, destroyed or mutilated, and (ii)(A)&nbsp;in the case of loss, theft or destruction, an unsecured agreement of indemnity
from such Lender in form reasonably satisfactory to the Borrower, or (B)&nbsp;in the case of mutilation, upon surrender and cancellation
of such Note, the Borrower shall at its own expense execute and deliver to such Lender a new Note dated the date of such lost, stolen,
destroyed or mutilated Note.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.12.
Voluntary Reductions of the Commitment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall have
the right to terminate or reduce the aggregate unused amount of the Revolving Commitments (for which purpose use of the Revolving
Commitments shall be deemed to include the aggregate amount of all Letter of Credit Liabilities and the aggregate principal amount
of all outstanding Swingline Loans) at any time and from time to time without penalty or premium upon not less than 5 Business Days
prior written notice to the Administrative Agent of each such termination or reduction, which notice shall specify the effective
date thereof and the amount of any such reduction (which in the case of any partial reduction of the Revolving Commitments shall not
be less than $10,000,000 and integral multiples of $5,000,000 in excess of that amount in the aggregate) and shall be irrevocable
once given and effective only upon receipt by the Administrative Agent (&#8220;Commitment Reduction Notice&#8221;); provided,
however, the Borrower may not reduce the aggregate amount of the Revolving Commitments below $100,000,000 unless the Borrower is
terminating the Revolving Commitments in full; and provided, further, a notice of termination of the Revolving Commitments may state
that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance
of other Indebtedness or the occurrence of some other identifiable event or condition, in which case such notice may be revoked by
the Borrower (by written notice to the Administrative Agent on or prior to the specified effective date of termination). Promptly
after receipt of a Commitment Reduction Notice the Administrative Agent shall notify each Revolving Lender of the proposed
termination or Revolving Commitment reduction. The Revolving Commitments, once reduced or terminated pursuant to this Section, may
not be increased or reinstated. The Borrower shall pay all interest and fees on the Revolving Loans accrued to the date of such
reduction or termination of the Revolving Commitments to the Administrative Agent for the account of the Revolving Lenders,
including but not limited to any applicable compensation due to each Lender in accordance with Section&nbsp;5.4. of this
Agreement.</P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 2.13. Extension
of Termination Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Generally</U>.
The Borrower shall have the right, exercisable two times, to extend the Revolving Termination Date by six months per each request. The
Borrower may exercise such right only by executing and delivering to the Administrative Agent at least 30 days but not more than 120 days
prior to the current Revolving Termination Date, a written request for such extension (an &#8220;Extension Request&#8221;). The Administrative
Agent shall notify the Revolving Lenders if it receives an Extension Request promptly upon receipt thereof and, subject to satisfaction
of the following conditions, the Revolving Termination Date shall be extended for six months effective upon receipt by the Administrative
Agent of each permitted Extension Request and payment of the fee referred to in the following clause&nbsp;(y): (x)&nbsp;immediately prior
to such extension and immediately after giving effect thereto, (i)&nbsp;no Default or Event of Default shall exist and (ii)&nbsp;the representations
and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them is a party, shall
be true and correct in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects)
on and as of the date of such extension with the same force and effect as if made on and as of such date except to the extent that such
representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have
been true and correct in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects)on
and as of such earlier date) and except for changes in factual circumstances not prohibited under the Loan Documents and (y)&nbsp;the
Borrower shall have paid the Fees payable under Section&nbsp;3.5.(d). At any time prior to the effectiveness of any such extension, upon
the Administrative Agent&#8217;s request, the Borrower shall deliver to the Administrative Agent a certificate executed by a Responsible
Officer of the Parent or the Borrower certifying the matters referred to in the immediately preceding clauses (x)(i) and (x)(ii).</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.14.
Expiration Date of Letters of Credit Past Revolving Commitment Termination.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If on the date the Revolving
Commitments are terminated or reduced to zero (whether voluntarily, by reason of the occurrence of an Event of Default or otherwise) there
are any Letters of Credit outstanding hereunder and the aggregate Stated Amount of such Letters of Credit exceeds the balance of available
funds on deposit in the Letter of Credit Collateral Account, then the Borrower shall, on such date, pay to the Administrative Agent, for
its benefit and the benefit of the Revolving Lenders and the Issuing Banks, for deposit into the Letter of Credit Collateral Account,
an amount of money equal to the amount of such excess.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.15.
Amount Limitations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding any other
term of this Agreement or any other Loan Document, no Revolving Lender shall be required to make a Revolving Loan, the Swingline Lender
shall not be required to make a Swingline Loan, no Issuing Bank shall be required to issue a Letter of Credit and no reduction of the
Revolving Commitments pursuant to Section&nbsp;2.12. shall take effect, if immediately after the making of such Loan, the issuance of
such Letter of Credit or such reduction in the Revolving Commitments the aggregate principal amount of all outstanding Revolving Loans
and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the
Revolving Commitments at such time.</P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.16.
Increase in Commitments; Additional Term Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall have
the right (a) during the period from the last day of the Restriction Period to but excluding the Revolving Termination Date, to
request increases in the aggregate amount of the Revolving Commitments and (b) during the period from the last day of the
Restriction Period to but excluding the Term Loan Maturity Date, to request the making of additional Term Loans, in each case, by
providing written notice thereof to the Administrative Agent, which notice shall specify the Class and amount of Loans requested and
shall be irrevocable once given; <U>provided</U>, <U>however</U>, that after giving effect to any such Revolving Commitment
increases or additional Term Loans the aggregate amount of the Revolving Commitments and the aggregate outstanding principal balance
of the Term Loans shall not exceed $1,200,000,000 (less the amount of any reductions of the Revolving Commitments effected pursuant
to Section 2.12 and any prepayments of Term Loans, in each case, prior to such date). Additional Term Loans shall be subject to the
same terms and conditions of this Agreement that are applicable to all other Term Loans. Each such increase in the Revolving
Commitments or additional Term Loans must be an aggregate minimum amount of $50,000,000 and integral multiples of $5,000,000 in
excess thereof. The Administrative Agent, in consultation with and with the consent of the Borrower, shall manage all aspects of the
syndication of such increase in the Revolving Commitments or additional Term Loans, including decisions as to the selection of the
existing Lenders and/or other banks, financial institutions and other institutional lenders to be approached with respect to such
increase or additional Term Loans and the allocations of the increase in the Revolving Commitments and/or Term Loans among such
existing Lenders and/or other banks, financial institutions and other institutional lenders. No Lender shall be obligated in any way
whatsoever to increase its Commitment, provide a new Commitment or provide Term Loans, and any new Lender becoming a party to this
Agreement in connection with any such requested increase must be an Eligible Assignee. If a new Revolving Lender becomes a party to
this Agreement, or if any existing Revolving Lender is increasing its Revolving Commitment, such Revolving Lender shall on the date
it becomes a Revolving Lender hereunder (or in the case of an existing Revolving Lender, increases its Revolving Commitment) (and as
a condition thereto) purchase from the other Lenders its Revolving Commitment Percentage (determined with respect to the Revolving
Lenders&#8217; relative Revolving Commitments and after giving effect to the increase of Revolving Commitments) of any outstanding
Revolving Loans, by making available to the Administrative Agent for the account of such other Revolving Lenders, in immediately
available funds, an amount equal to the sum of (A)&nbsp;the portion of the outstanding principal amount of such Revolving Loans to
be purchased by such Revolving Lender, <U>plus</U> (B) the aggregate amount of payments previously made by the other Revolving
Lenders under Section&nbsp;2.3.(j) that have not been repaid, <U>plus</U> (C)&nbsp;interest accrued and unpaid to and as of such
date on such portion of the outstanding principal amount of such Revolving Loans. The Borrower shall pay to the Revolving Lenders
amounts payable, if any, to such Revolving Lenders under Section&nbsp;5.4. as a result of the prepayment of any such Revolving
Loans. Effecting the increase of the Revolving Commitments or the making of additional Term Loans under this Section is subject to
the following conditions precedent: (x)&nbsp;no Default or Event of Default shall be in existence on the effective date of such
increase, (y)&nbsp;the representations and warranties made or deemed made by the Borrower or any other Loan Party in any Loan
Document to which such Loan Party is a party shall be true and accurate in all material respects (or, to the extent qualified by
materiality or Material Adverse Effect, in all respects) on the effective date of such increase except to the extent that such
representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall
have been true and accurate in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all
respects) on and as of such earlier date) and except for changes in factual circumstances not prohibited hereunder, and (z)&nbsp;
the Administrative Agent shall have received each of the following, in form and substance satisfactory to the Administrative Agent:
(i) if not previously delivered to the Administrative Agent, copies certified by the Secretary or Assistant Secretary of (A) all
corporate, partnership or other necessary action taken by the Parent and the Borrower to authorize such increase or additional Term
Loans and (B) all corporate, partnership, member or other necessary action taken by each Guarantor authorizing the guaranty of such
increase or additional Term Loans; (ii)&nbsp;an opinion of counsel to the Parent, the Borrower and the Guarantors, and addressed to
the Administrative Agent and the Lenders covering such matters as reasonably requested by the Administrative Agent, and (iii) new
Notes executed by the Borrower, payable to any new Lenders and replacement Notes executed by the Borrower, payable to any existing
Lenders increasing their Commitments or making additional Term Loans, in the amount of such Lender&#8217;s Commitment or Term Loans,
as the case may be, at the time of the effectiveness of the applicable increase in the aggregate amount of the Revolving Commitments
or the making of the additional Term Loans. In connection with any increase in the aggregate amount of the Revolving Commitments or
making of additional Term Loans pursuant to this Section 2.16.&nbsp;any Lender becoming a party hereto shall (1) execute such
documents and agreements as the Administrative Agent may reasonably request and (2) in the case of any Lender that is organized
under the laws of a jurisdiction outside of the United States of America, provide to the Administrative Agent, its name, address,
tax identification number and/or such other information as shall be necessary for the Administrative Agent to comply with
 &#8220;know your customer&#8221; and Anti-Money Laundering Laws, including, without limitation, the Patriot Act.</P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.17.
Funds Transfer Disbursements.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower hereby authorizes
the Administrative Agent to disburse the proceeds of any Loan made by the Lenders or any of their Affiliates pursuant to the Loan Documents
as requested by an authorized representative of the Borrower to any of the accounts designated in the Disbursement Instruction Agreement.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.18.
Security Interest in Collateral.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
secure their Obligations under this Agreement and the other Loan Documents, on the First Amendment Date, the Borrower and certain other
Loan Parties will grant to the Administrative Agent, for its benefit and the benefit of the other Lenders, a first-priority security interest
in the Collateral. The Borrower, the Administrative Agent and the Lenders acknowledge and agree that the exercise by the Administrative
Agent of its rights and remedies under the Loan Documents with respect to the Collateral shall be subject to the terms of the Intercreditor
Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
accordance with the terms of Section 8.17(b), the Administrative Agent is hereby authorized by the Lenders to release the Collateral (or
any applicable portion thereof) and take all such action as may be reasonably required in order to terminate the Liens in the Collateral
(or such portion thereof).</P>

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

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article III. Payments, Fees
and Other General Provisions</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.1.
Payments.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payments
by Borrower</U>. Except to the extent otherwise provided herein, all payments of principal, interest, Fees and other amounts to be
made by the Borrower under this Agreement, the Notes or any other Loan Document shall be made in Dollars, in immediately available
funds, without setoff, deduction or counterclaim (excluding Taxes required to be withheld pursuant to Section 3.10.), to the
Administrative Agent at the Principal Office, not later than 11:00 a.m. Pacific time on the date on which such payment shall become
due (each such payment made after such time on such due date to be deemed to have been made on the next succeeding Business Day).
Subject to Section 11.5., the Borrower shall, at the time of making each payment under this Agreement or any other Loan Document,
specify to the Administrative Agent the amounts payable by the Borrower hereunder to which such payment is to be applied. Each
payment received by the Administrative Agent for the account of a Lender under this Agreement or any Note shall be paid to such
Lender by wire transfer of immediately available funds in accordance with the wiring instructions provided by such Lender to the
Administrative Agent from time to time, for the account of such Lender at the applicable Lending Office of such Lender. Each payment
received by the Administrative Agent for the account of an Issuing Bank under this Agreement shall be paid to the applicable Issuing
Bank by wire transfer of immediately available funds in accordance with the wiring instructions provided by such Issuing Bank to the
Administrative Agent from time to time, for the account of such Issuing Bank. In the event the Administrative Agent fails to pay
such amounts to such Lender or such Issuing Bank, as the case may be, (i) by 5:00 p.m. Pacific time on the Business Day such funds
are received by the Administrative Agent, if such amounts are received by 11:00 a.m. Pacific time on such date or (ii) by 5:00 p.m.
Pacific time on the Business Day following the date such funds are received by the Administrative Agent, if such amounts are
received after 11:00 a.m. Pacific time on any Business Day, the Administrative Agent shall pay interest on such amount until paid at
a rate per annum equal to the Federal Funds Rate from time to time in effect. If the due date of any payment under this Agreement or
any other Loan Document would otherwise fall on a day which is not a Business Day such date shall be extended to the next succeeding
Business Day and interest shall continue to accrue at the rate, if any, applicable to such payment for the period of such
extension.</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Presumptions
Regarding Payments by Borrower</U>. 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 an Issuing Bank 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 (but shall not be obligated to), in reliance upon such assumption, distribute to the Lenders or the applicable Issuing Bank, as
the case may be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Lenders or the applicable
Issuing Bank, as the case may be, severally agrees to repay to the Administrative Agent on demand that amount so distributed to such Lender
or such Issuing Banks, 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 Federal Funds Rate and a rate determined by the Administrative
Agent in accordance with banking industry rules on interbank compensation.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.2.
Pro Rata Treatment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Except to the extent
otherwise provided herein: (a)&nbsp;each borrowing from the Revolving Lenders under Section&nbsp;2.1.(a) and 2.3.(e) shall be made
from the Revolving Lenders, each payment of the Fees under Sections&nbsp;3.5.(a) (as applicable), 3.5.(b), the first sentence of
3.5.(c) and 3.5.(d) shall be made for the account of the Revolving Lenders, and each termination or reduction of the amount of the
Revolving Commitments under Section&nbsp;2.12. shall be applied to the respective Revolving Commitments of the Revolving Lenders,
pro rata according to the amounts of their respective Revolving Commitments; (b)&nbsp;the making of Term Loans shall be made from
the Term Loan Lenders pro rata according to the amounts of their respective Term Loan Commitments, (c) each payment or prepayment of
principal of Loans of a Class shall be made for the account of the Lenders of such Class pro rata in accordance with the respective
unpaid principal amounts of the Loans of such Class held by them, provided that, subject to Section&nbsp;3.9., if immediately prior
to giving effect to any such payment in respect of any Revolving Loans the outstanding principal amount of the Revolving Loans shall
not be held by the Revolving Lenders pro rata in accordance with their respective Revolving Commitments in effect at the time such
Revolving Loans were made, then such payment shall be applied to the Revolving Loans in such manner as shall result, as nearly as is
practicable, in the outstanding principal amount of the Revolving Loans being held by the Lenders pro rata in accordance with their
respective Revolving Commitments; (d)&nbsp;each payment of interest in respect of a Class of Loans shall be made for the account of
the Lenders of such Class, pro rata in accordance with the amounts of interest on such Class of Loans then due and payable to the
respective Lenders of such Class; (e)&nbsp;the Conversion and Continuation of Loans of a particular Class and Type (other than
Conversions provided for by Section 5.1.(c) and Section&nbsp;5.5.) shall be made pro rata among the Lenders of such Class according
to the amounts of their respective Loans of such Class and the then current Interest Period for each Lender&#8217;s portion of each
such Loan of such Type shall be coterminous; (f)&nbsp;the Revolving Lenders&#8217; participation in, and payment obligations in
respect of, Letters of Credit under Section&nbsp;2.3., shall be in accordance with their respective Revolving Commitment
Percentages; and (g) the Revolving Lenders&#8217; participation in, and payment obligations in respect of, Swingline Loans under
Section 2.4., shall be in accordance with their respective Revolving Commitment Percentages. <FONT STYLE="font-size: 10pt">All
payments of principal, interest, fees and other amounts in respect of the Swingline Loans shall be for the account of the Swingline
Lender only (except to the extent any Revolving Lender shall have acquired a participating interest in any such Swingline Loan
pursuant to Section&nbsp;2.4.(e), in which case such payments shall be pro rata in accordance with such participating
interests).</FONT></P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.3.
Sharing of Payments, Etc.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If a Lender shall obtain payment
of any principal of, or interest on, any of its Loans of a Class made by it to the Borrower under this Agreement or shall obtain payment
on any other Obligation owing by the Borrower or any other Loan Party through the exercise of any right of set-off, banker&#8217;s lien,
counterclaim or similar right or otherwise or through voluntary prepayments directly to a Lender or other payments made by the Borrower
or any other Loan Party to a Lender (other than a payment in respect of Specified Derivatives Obligations) not in accordance with the
terms of this Agreement and such payment should be distributed to the Lenders of the same Class in accordance with Section&nbsp;3.2. or
Section&nbsp;11.5., as applicable, such Lender shall promptly purchase from the other Lenders of such Class participations in (or, if
and to the extent specified by such Lender, direct interests in) the Loans made by the other Lenders of such Class or other Obligations
owed to such other Lenders in such amounts, and make such other adjustments from time to time as shall be equitable, to the end that all
the Lenders of such Class shall share the benefit of such payment (net of any reasonable expenses which may actually be incurred by such
Lender in obtaining or preserving such benefit) in accordance with the requirements of Section&nbsp;3.2. or Section&nbsp;11.5., as applicable.
To such end, all the Lenders of such Class shall make appropriate adjustments among themselves (by the resale of participations sold or
otherwise) if such payment is rescinded or must otherwise be restored. The Borrower agrees that any Lender of such Class so purchasing
a participation (or direct interest) in the Loans or other Obligations owed to such other Lenders of such Class may exercise all rights
of set-off, banker&#8217;s lien, counterclaim or similar rights with respect to such participation as fully as if such Lender were a direct
holder of Loans of such Class in the amount of such participation. Nothing contained herein shall require any Lender to exercise any such
right or shall affect the right of any Lender to exercise and retain the benefits of exercising, any such right with respect to any other
indebtedness or obligation of the Borrower.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.4.
Several Obligations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">No Lender shall be responsible
for the failure of any other Lender to make a Loan or to perform any other obligation to be made or performed by such other Lender hereunder,
and the failure of any Lender to make a Loan or to perform any other obligation to be made or performed by it hereunder shall not relieve
the obligation of any other Lender to make any Loan or to perform any other obligation to be made or performed by such other Lender.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.5.
Fees.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Fee</U>. On the Effective Date, the Borrower agrees to pay to the Administrative Agent, for its own account or the account of the Lenders,
as applicable, all loan fees as have been agreed to in writing by the Borrower and the Administrative Agent.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Unused
Facility Fees and Revolving Commitment Fees</U>. During the period from the Effective Date to but excluding the Revolving Termination
Date, the Borrower agrees to pay to the Administrative Agent for the account of the Revolving Lenders:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;at
all times prior to the Investment Grade Rating Date, an unused facility fee equal to the sum of the daily amount by which the aggregate
amount of the Revolving Commitments exceeds the aggregate outstanding principal balance of Revolving Loans and Letter of Credit Liabilities
set forth in the table below multiplied by the corresponding per annum rate set forth below:</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 60%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 75%; border-top: Black 1.5pt solid; border-right: Black 1pt solid; border-bottom: Black 1.5pt solid; border-left: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Amount by Which Revolving Commitments Exceed <BR>
Revolving Loans and Letter of Credit Liabilities</B></FONT></TD>
    <TD STYLE="width: 25%; border-top: Black 1.5pt solid; border-right: Black 1.5pt solid; border-bottom: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Unused Fee</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-left: Black 1.5pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">$0 to and including an amount equal to 50% of the aggregate amount of Revolving Commitments</FONT></TD>
    <TD STYLE="border-right: Black 1.5pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">0.20% per annum</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-left: Black 1.5pt solid; border-bottom: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Greater than an amount equal to 50% of the aggregate amount of Revolving Commitments</FONT></TD>
    <TD STYLE="border-right: Black 1.5pt solid; border-bottom: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">0.30% per annum</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;at
all times on and after the Investment Grade Rating Date, a commitment fee equal to the daily aggregate amount of the Revolving Commitments
(whether or not utilized) multiplied by a per annum rate equal to the Applicable Facility Fee. The Borrower acknowledges that the fee
payable under this subclause (ii) is a bona fide commitment fee and is intended as reasonable compensation to the Revolving Lenders for
committing to make funds available to the Borrower as described herein and for no other purposes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All fees in this clause (b) shall be computed
on a daily basis and payable quarterly in arrears on the first day of each January, April, July and October during the term of this Agreement
and on the Revolving Termination Date or any earlier date of termination of the Revolving Commitments or reduction of the Revolving Commitments
to zero.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Letter
of Credit Fees</U>. The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a letter of credit
fee at a rate per annum equal to the Applicable Margin for LIBOR Loans that are Revolving Loans times the daily average Stated Amount
of each Letter of Credit for the period from and including the date of issuance of such Letter of Credit (x)&nbsp;to and including the
date such Letter of Credit expires or is cancelled or terminated or (y)&nbsp;to but excluding the date such Letter of Credit is drawn
in full; provided, however, notwithstanding anything to the contrary contained herein, while any Event of Default exists, such letter
of credit fees shall accrue at the Post-Default Rate. In addition to such fees, the Borrower shall pay to each Issuing Bank, solely for
its own account, a fronting fee in respect of each Letter of Credit issued by such Issuing Bank equal to twelve and one-half one hundredths
of one percent (0.125%) of the Stated Amount of such Letter of Credit; <U>provided</U>, <U>however</U>, in no event shall the aggregate
amount of such fee in respect of any Letter of Credit be less than $500. The fees provided for in this subsection shall be nonrefundable
and payable, in the case of the fee provided for in the first sentence, in arrears (i)&nbsp;quarterly on the first day of January, April,
July and October, (ii)&nbsp;on the Revolving Termination Date, (iii)&nbsp;on the date the Revolving Commitments are terminated or reduced
to zero and (iv)&nbsp;thereafter from time to time on demand of the Administrative Agent and in the case of the fee provided for in the
second sentence, at the time of issuance of such Letter of Credit. The Borrower shall pay directly to the Issuing Banks from time to time
on demand all commissions, charges, costs and expenses in the amounts customarily charged or incurred by such Issuing Bank from time to
time in like circumstances with respect to the issuance, amendment, renewal or extension of any Letter of Credit issued by such Issuing
Bank or any other transaction relating thereto.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Credit
Extension Fee</U>. If the Revolving Termination Date is being extended in accordance with Section&nbsp;2.13., the Borrower shall pay to
the Administrative Agent for the account of each Revolving Lender a fee for each such extension equal to seventy-five one-thousandths
of one percent (0.075%) of the amount of such Lender&#8217;s Revolving Commitment (whether or not utilized). Such fee shall be due and
payable in full on the effective date of such extension.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Administrative
and Other Fees</U>. The Borrower agrees to pay the administrative fees, arrangement fees and other fees of the Administrative Agent and
the Lead Arrangers as provided in the Fee Letters and as may be otherwise agreed to in writing from time to time by the Borrower and the
Administrative Agent.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.6.
Computations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Unless otherwise expressly
set forth herein, any accrued interest on any Loan, any Fees or any other Obligations due hereunder shall be computed on the basis of
a year of 360 days and the actual number of days elapsed.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.7.
Usury.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In no event shall the amount
of interest due or payable on the Loans or other Obligations exceed the maximum rate of interest allowed by Applicable Law and, if any
such payment is paid by the Borrower or any other Loan Party or received by any Lender, then such excess sum shall be credited as a payment
of principal, unless the Borrower shall notify the respective Lender in writing that the Borrower elects to have such excess sum returned
to it forthwith. It is the express intent of the parties hereto that the Borrower not pay and the Lenders not receive, directly or indirectly,
in any manner whatsoever, interest in excess of that which may be lawfully paid by the Borrower under Applicable Law. The parties hereto
hereby agree and stipulate that the only charge imposed upon the Borrower for the use of money in connection with this Agreement is and
shall be the interest specifically described in Section&nbsp;2.5.(a)(i) and (ii) and, with respect to Swingline Loans, in Section 2.6.(c).
Notwithstanding the foregoing, the parties hereto further agree and stipulate that all agency fees, syndication fees, commitment fees,
facility fees, closing fees, letter of credit fees, underwriting fees, default charges, late charges, funding or &#8220;breakage&#8221;
charges, increased cost charges, attorneys&#8217; fees and reimbursement for costs and expenses paid by the Administrative Agent or any
Lender to third parties or for damages incurred by the Administrative Agent or any Lender, in each case in connection with the transactions
contemplated by this Agreement and the other Loan Documents are charges made to compensate the Administrative Agent or any such Lender
for underwriting or administrative services and costs or losses performed or incurred, and to be performed or incurred, by the Administrative
Agent and the Lenders in connection with this Agreement and shall under no circumstances be deemed to be charges for the use of money.
All charges other than charges for the use of money shall be fully earned and nonrefundable when due.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.8.
Statements of Account.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent will
account to the Borrower quarterly with a statement of Loans, accrued interest and Fees, charges and payments made pursuant to this Agreement
and the other Loan Documents, and such account rendered by the Administrative Agent shall be deemed conclusive upon the Borrower absent
manifest error. The failure of the Administrative Agent to deliver such a statement of accounts shall not relieve or discharge the Borrower
from any of its obligations hereunder.</P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.9.
Defaulting Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding anything to
the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer
a Defaulting Lender, to the extent permitted by Applicable Law:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waivers
and Amendments</U>. Such Defaulting Lender&#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 definition of Requisite Lenders and in Section 13.5.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Defaulting
Lender Waterfall</U>. Any payment of principal, interest, Fees or other amounts received by the Administrative Agent for the account of
such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article&nbsp;XI. or otherwise) or received by the Administrative
Agent from a Defaulting Lender pursuant to Section&nbsp;13.3. shall be applied at such time or times as may be determined by the Administrative
Agent as follows: <U>first</U>, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder; <U>second</U>,
in the case of a Defaulting Lender that is a Revolving Lender, to the payment on a pro rata basis of any amounts owing by such Defaulting
Lender to the Issuing Banks or the Swingline Lender hereunder; <U>third</U>, in the case of a Defaulting Lender that is a Revolving Lender,
to Cash Collateralize the Issuing Banks&#8217; Fronting Exposure with respect to such Defaulting Lender in accordance with subsection&nbsp;(e)
below; <U>fourth</U>, as the Borrower may request (so long as no Default or Event of Default exists), to the funding of any Loan in respect
of which such Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as determined by the Administrative
Agent; <U>fifth</U>, if so determined by the Administrative Agent and the Borrower, to be held in a deposit account and released pro rata
in order to (x)&nbsp;satisfy such Defaulting Lender&#8217;s potential future funding obligations with respect to Revolving Loans under
this Agreement and (y)&nbsp;in the case of a Defaulting Lender that is a Revolving Lender, Cash Collateralize the Issuing Banks&#8217;
future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of Credit issued under this Agreement,
in accordance with subsection&nbsp;(e) below; <U>sixth</U>, to the payment of any amounts owing to the Lenders, the Issuing Banks or the
Swingline Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, any Issuing Bank or the Swingline
Lender against such Defaulting Lender as a result of such Defaulting Lender&#8217;s breach of its obligations under this Agreement; <U>seventh</U>,
so long as no Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a result of any judgment of a
court of competent jurisdiction obtained by the Borrower against such Defaulting Lender as a result of such Defaulting Lender&#8217;s
breach of its obligations under this Agreement; and <U>eighth</U>, to such Defaulting Lender or as otherwise directed by a court of competent
jurisdiction; <U>provided</U> that if (x)&nbsp;such payment is a payment of the principal amount of any Loans of any Class or amounts
owing by such Defaulting Lender under Section&nbsp;2.3.(j) in respect of Letters of Credit (such amounts &#8220;L/C&nbsp;Disbursements&#8221;),
in respect of which such Defaulting Lender has not fully funded its appropriate share, and (y)&nbsp;such Loans were made or the related
Letters of Credit were issued at a time when the conditions set forth in Article&nbsp;VI. were satisfied or waived, such payment shall
be applied solely to pay the Loans of such Class of, and L/C Disbursements owed to, all Non-Defaulting Lenders on a pro rata basis prior
to being applied to the payment of any Loans of, or L/C Disbursements owed to, such Defaulting Lender until such time as all Loans of
such Class and, as applicable, funded and unfunded participations in Letter of Credit Liabilities and Swingline Loans are held by the
Revolving Lenders pro rata in accordance with their respective Revolving Commitment Percentages (determined without giving effect to the
immediately following subsection&nbsp;(d)) and all Term Loans are held by the Term Loan Lenders pro rata as if there had been no Defaulting
Lenders that are Term Loan Lenders. Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied
(or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this subsection shall be deemed paid to and
redirected by such Defaulting Lender, and each Lender irrevocably consents hereto.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Fees</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Defaulting Lender shall be entitled to receive any Fee payable under Section&nbsp;3.5.(b) for any period during which that Lender is a
Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid
to that Defaulting Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Defaulting Lender that is a Revolving Lender shall be entitled to receive the Fee payable under Section&nbsp;3.5.(c) for any period during
which that Lender is a Defaulting Lender only to the extent allocable to its Revolving Commitment Percentage of the stated amount of Letters
of Credit for which it has provided Cash Collateral pursuant to the immediately following subsection&nbsp;(e).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to any Fee not required to be paid to any Defaulting Lender that is a Revolving Lender pursuant to the immediately preceding clause&nbsp;(ii),
the Borrower shall (x)&nbsp;pay to each Non&#45;Defaulting Lender that is a Revolving Lender that portion of any such Fee otherwise payable
to such Defaulting Lender with respect to such Defaulting Lender&#8217;s participation in Letter of Credit Liabilities or Swingline Loans
that has been reallocated to such Non&#45;Defaulting Lender pursuant to the immediately following subsection&nbsp;(d), (y)&nbsp;pay to
each Issuing Bank and the Swingline Lender, as applicable, the amount of any such Fee otherwise payable to such Defaulting Lender to the
extent allocable to such Issuing Banks&#8217;s or Swingline Lender&#8217;s Fronting Exposure to such Defaulting Lender, and (z)&nbsp;not
be required to pay the remaining amount of any such Fee.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reallocation
of Participations to Reduce Fronting Exposure</U>. In the case of a Defaulting Lender that is a Revolving Lender, all or any part of such
Defaulting Lender&#8217;s participation in Letter of Credit Liabilities and Swingline Loans shall be reallocated among the Non-Defaulting
Lenders in accordance with their respective Revolving Commitment Percentages (determined without regard to such Defaulting Lender&#8217;s
Revolving Commitment) but only to the extent that&nbsp;such reallocation does not cause the aggregate Revolving Credit Exposure of any
Non-Defaulting Lender that is a Revolving Lender to exceed such Non-Defaulting Lender&#8217;s Revolving Commitment. Subject to Section
13.22., no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender
arising from that Revolving 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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Cash
Collateral, Repayment of Swingline Loans</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the reallocation described in the immediately preceding subsection&nbsp;(d) above cannot, or can only partially, be effected, the Borrower
shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, prepay Swingline Loans in an amount
equal to the Swingline Lender&#8217;s Fronting Exposure and (y) second, Cash Collateralize each Issuing Bank&#8217;s Fronting Exposure
in accordance with the procedures set forth in this subsection.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
any time that there shall exist a Defaulting Lender that is a Revolving Lender, within 1 Business Day following the written request of
the Administrative Agent or the applicable Issuing Bank (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize
such Issuing Bank&#8217;s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to the immediately
preceding subsection&nbsp;(d) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the aggregate Fronting
Exposure of such Issuing Bank with respect to Letters of Credit issued by such Issuing Bank and outstanding at such time.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower, and to the extent provided by any Defaulting Lender that is a Revolving Lender, such Defaulting Lender, hereby grant to the
Administrative Agent, for the benefit of the applicable Issuing Bank, and agree to maintain, a first priority security interest in all
such Cash Collateral as security for the obligation of Defaulting Lenders that are Revolving Lenders to fund participations in respect
of Letter of Credit Liabilities, to be applied pursuant to the immediately following clause&nbsp;(iv). If at any time the Administrative
Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent and the applicable
Issuing Bank as herein provided, or that the total amount of such Cash Collateral is less than the aggregate Fronting Exposure of the
applicable Issuing Bank with respect to Letters of Credit issued by such Issuing Bank and outstanding at such time, the Borrower will,
promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in an amount sufficient
to eliminate such deficiency (after giving effect to any Cash Collateral provided by the Defaulting Lender that is a Revolving Lender).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary contained in this Agreement, Cash Collateral provided under this Section in respect of Letters of Credit shall
be applied to the satisfaction of the Defaulting Lender&#8217;s obligation to fund participations in respect of Letter of Credit Liabilities
(including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) for which the Cash Collateral
was so provided, prior to any other application of such property as may otherwise be provided for herein.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash
Collateral (or the appropriate portion thereof) provided to reduce the Issuing Banks&#8217; Fronting Exposure shall no longer be required
to be held as Cash Collateral pursuant to this subsection following (x)&nbsp;the elimination of the applicable Fronting Exposure (including
by the termination of Defaulting Lender status of the applicable Revolving Lender), or (y)&nbsp;the determination by the Administrative
Agent and the applicable Issuing Bank that there exists excess Cash Collateral; <U>provided</U> that, subject to the immediately preceding
subsection&nbsp;(b), the Person providing Cash Collateral and the applicable Issuing Bank may (but shall not be obligated to) agree that
Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations and <U>provided further</U> that to
the extent that such Cash Collateral was provided by the Borrower, such Cash Collateral shall remain subject to the security interest
granted pursuant to the Loan Documents.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Defaulting
Lender Cure</U>. If the Borrower and the Administrative Agent, and solely in the case of a Defaulting Lender that is a Revolving Lender,
the Swingline Lender and the Issuing Banks agree in writing that a Lender is no longer a Defaulting Lender, the Administrative Agent 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 Lender will, to the extent applicable, purchase at par that
portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be necessary
to cause, as applicable, (i) the Revolving Loans and funded and unfunded participations in Letters of Credit to be held pro rata by the
Revolving Lenders in accordance with their respective Revolving Commitment Percentages (determined without giving effect to the immediately
preceding subsection&nbsp;(d)) and (ii) the Term Loans to be held by the Term Loan Lenders pro rata as if there had been no Defaulting
Lenders of such Class, whereupon such Lender will cease to be a Defaulting Lender; <U>provided</U> that no adjustments will be made retroactively
with respect to Fees accrued or payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and <U>provided</U>,
<U>further</U>, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender
to Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender&#8217;s having been a Defaulting
Lender.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>New
Swingline Loans/Letters of Credit</U>. So long as any Revolving Lender is a Defaulting Lender, (i)&nbsp;the Swingline Lender shall not
be required to fund any Swingline Loans and (ii)&nbsp;no Issuing Bank shall be required to issue, extend, renew or increase any Letter
of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.10.
Taxes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Issuing
Banks</U>. For purposes of this Section, the term &#8220;Lender&#8221; includes the Issuing Banks and the term &#8220;Applicable Law&#8221;
includes FATCA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payments
Free of Taxes</U>. Any and all payments by or on account of any obligation of the Borrower or any other Loan Party under any Loan Document
shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If any Applicable Law (as determined
in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment
by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely
pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with Applicable Law and, if such Tax is
an Indemnified Tax, then the sum payable by the Borrower or other 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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Other Taxes by the Borrower</U>. The Borrower and the other 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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
by the Borrower</U>. The Borrower and the other 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. 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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
by the Lenders</U>. Each Lender shall severally indemnify the Administrative Agent, within 10 days after demand therefor, for
(i)&nbsp;any Indemnified Taxes attributable to such Lender (but only to the extent that the Borrower or another Loan Party has not
already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Borrower and the
other Loan Parties to do so), (ii)&nbsp;any Taxes attributable to such Lender&#8217;s failure to comply with the provisions of
Section&nbsp;13.5. relating to the maintenance of a Participant Register and (iii)&nbsp;any Excluded Taxes attributable to such
Lender, in each case, that are payable or paid by the Administrative Agent in connection with any Loan Document, and any reasonable
expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the
relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the
Administrative Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off
and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable by the Administrative
Agent to the Lender from any other source against any amount due to the Administrative Agent under this subsection. The provisions
of this subsection shall continue to inure to the benefit of an Administrative Agent following its resignation or removal as
Administrative Agent.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Evidence
of Payments</U>. As soon as practicable after any payment of Taxes by the Borrower or any other Loan Party to a Governmental Authority
pursuant to this Section, the Borrower or such other 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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Status
of Lenders</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan Document shall
deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative
Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Administrative Agent as will permit
such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by
the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by Applicable Law or reasonably requested
by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender
is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two
sentences, the completion, execution and submission of such documentation (other than such documentation set forth in the immediately
following clauses&nbsp;(ii)(A), (ii)(B) and (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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
limiting the generality of the foregoing, in the event that the Borrower is a U.S. Person:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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),
an electronic copy (or an original if requested by the Borrower or the Administrative Agent) of an executed IRS Form W-9 (or any successor
form) certifying that such Lender is exempt from U.S. federal backup withholding tax;</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(I)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x)&nbsp;with
respect to payments of interest under any Loan Document, an electronic copy (or an original if requested by the Borrower or the
Administrative Agent) of an executed IRS Form W-8BEN, or W-8BEN-E, as applicable, 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)&nbsp;with respect to any
other applicable payments under any Loan Document, IRS Form W-8BEN or W-8BEN-E, as applicable, 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;</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(II)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
electronic copy (or an original if requested by the Borrower or the Administrative Agent) of an executed IRS Form W-8ECI;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(III)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Internal Revenue
Code, (x)&nbsp;a certificate substantially in the form of Exhibit J-1 to the effect that such Foreign Lender is not a &#8220;bank&#8221;
within the meaning of Section&nbsp;881(c)(3)(A) of the Internal Revenue Code, a &#8220;10 percent shareholder&#8221; of the Borrower within
the meaning of Section&nbsp;881(c)(3)(B) of the Internal Revenue Code, or a &#8220;controlled foreign corporation&#8221; described in
Section&nbsp;881(c)(3)(C) of the Internal Revenue Code (a &#8220;U.S. Tax Compliance Certificate&#8221;) and (y)&nbsp;an electronic copy
(or an original if requested by the Borrower or the Administrative Agent) of IRS Form W-8BEN or W-8BEN-E, as applicable; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(IV)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the extent a Foreign Lender is not the beneficial owner, an electronic copy (or an original if requested by the Borrower or the Administrative
Agent) of an executed IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN or W-8BEN-E, as applicable, a U.S. Tax Compliance
Certificate substantially in the form of Exhibit J-2 or Exhibit J-3, IRS Form W-9, and/or other certification documents from each beneficial
owner, as applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign
Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially
in the form of Exhibit&nbsp;J-4 on behalf of each such direct and indirect partner;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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), an electronic copy (or an
original if requested by the Borrower or the Administrative Agent) 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</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
a payment made to a Lender under any 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 Internal Revenue Code, as applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time or
times prescribed by Applicable 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&nbsp;1471(b)(3)(C)(i) of the Internal Revenue 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 to deduct and withhold from such payment. Solely for
purposes of this clause&nbsp;(D), &#8220;FATCA&#8221; shall include any amendments made to FATCA after the date of this
Agreement.</P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Treatment
of Certain Refunds</U>. 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 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). Such indemnifying
party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to this subsection
(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 subsection, in no event
will the indemnified party be required to pay any amount to an indemnifying party pursuant to this subsection the payment of which would
place the indemnified party in a less favorable net after-Tax position than the indemnified party would have been in if the Tax subject
to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments
or additional amounts with respect to such Tax had never been paid. This subsection 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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Survival</U>.
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 any Loan Document.</P>

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

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article IV. Intentionally Omitted.</P>

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

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article V. Yield Protection,
Etc.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.1.
Additional Costs; Capital Adequacy.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Capital
Adequacy</U>. If any Lender determines that any Regulatory Change affecting such Lender or any lending office of such Lender or such Lender&#8217;s
holding company, if any, regarding capital or liquidity ratios or requirements, has or would have the effect of reducing the rate of return
on such Lender&#8217;s capital or on the capital of such Lender&#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 or Swingline Loans held by, such Lender, to a
level below that which such Lender or such Lender&#8217;s holding company could have achieved but for such Regulatory Change (taking into
consideration such Lender&#8217;s policies and the policies of such Lender&#8217;s holding company with respect to capital adequacy),
then from time to time the Borrower will pay to such Lender such additional amount or amounts as will compensate such Lender or such Lender&#8217;s
holding company for any such reduction suffered.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Costs.</U> In addition to, and not in limitation of the immediately preceding subsection (a), the Borrower shall promptly pay to the Administrative
Agent for the account of a Lender from time to time such amounts as such Lender may determine to be necessary to compensate such Lender
for any costs incurred by such Lender that it reasonably determines are attributable to its making, maintaining, continuing or converting
of any LIBOR Loans or its obligation to make any LIBOR Loans hereunder, any reduction in any amount receivable by such Lender under this
Agreement or any of the other Loan Documents in respect of any of such LIBOR Loans or such obligation or the maintenance by such Lender
of capital in respect of its LIBOR Loans or its Commitments (such increases in costs and reductions in amounts receivable being herein
called &#8220;Additional Costs&#8221;), resulting from any Regulatory Change that: (i)&nbsp;changes the basis of taxation of any amounts
payable to such Lender under this Agreement or any of the other Loan Documents in respect of any of such LIBOR Loans or its Commitments
(other than Indemnified Taxes, Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and Connection Income Taxes);
or (ii) imposes or modifies any reserve, special deposit, compulsory loan, insurance charge or similar requirements (other than Regulation&nbsp;D
of the Board of Governors of the Federal Reserve System or other similar reserve requirement applicable to any other category of liabilities
or category of extensions of credit or other assets by reference to which the interest rate on LIBOR Loans is determined to the extent
utilized when determining LIBOR for such Loans) relating to any extensions of credit or other assets of, or any deposits with or other
liabilities of, or other credit extended by, or any other acquisition of funds by such Lender (or its parent corporation), or any commitment
of such Lender (including, without limitation, the Commitments of such Lender hereunder) or (iii) imposes on any Lender or the London
interbank market any other condition, cost or expense (other than Taxes) affecting this Agreement or the Loans made by such Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Lender&#8217;s
Suspension of LIBOR Loans.</U> Without limiting the effect of the provisions of the immediately preceding subsections (a) and (b), if
by reason of any Regulatory Change, any Lender either (i) incurs Additional Costs based on or measured by the excess above a specified
level of the amount of a category of deposits or other liabilities of such Lender that includes deposits by reference to which the interest
rate on LIBOR Loans is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lender that
includes LIBOR Loans or (ii)&nbsp;becomes subject to restrictions on the amount of such a category of liabilities or assets that it may
hold, then, if such Lender so elects by notice to the Borrower (with a copy to the Administrative Agent), the obligation of such Lender
to make or Continue, or to Convert Base Rate Loans into, LIBOR Loans shall be suspended until such Regulatory Change ceases to be in effect
(in which case the provisions of Section&nbsp;5.5. shall apply).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Costs in Respect of Letters of Credit</U>. Without limiting the obligations of the Borrower under the preceding subsections of this Section
(but without duplication), if as a result of any Regulatory Change or any risk-based capital guideline or other requirement heretofore
or hereafter issued by any Governmental Authority there shall be imposed, modified or deemed applicable any Tax (other than Indemnified
Taxes, Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and Connection Income Taxes), reserve, special deposit,
capital adequacy or similar requirement against or with respect to or measured by reference to Letters of Credit and the result shall
be to increase the cost to an Issuing Bank of issuing (or any Revolving Lender of purchasing participations in) or maintaining its obligation
hereunder to issue (or purchase participations in) any Letter of Credit or reduce any amount receivable by any Issuing Bank or any Revolving
Lender hereunder in respect of any Letter of Credit, then, upon demand by the such Issuing Bank or such Lender, the Borrower shall pay
promptly, and in any event within 3 Business Days of demand, to the applicable Issuing Bank or, in the case of such Lender, to the Administrative
Agent for the account of such Lender, from time to time as specified by such Issuing Bank or such Lender, such additional amounts as shall
be sufficient to compensate such Issuing Bank or such Lender for such increased costs or reductions in amount.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notification
and Determination of Additional Costs.</U> Each of the Administrative Agent, each Issuing Bank, each Lender, and each Participant, as
the case may be, agrees to notify the Borrower of any event occurring after the Agreement Date entitling the Administrative Agent, such
Issuing Bank, such Lender or such Participant to compensation under any of the preceding subsections of this Section as promptly as practicable;
provided, however, that the failure of the Administrative Agent, any Issuing Bank, any Lender or any Participant to give such notice shall
not release the Borrower from any of its obligations hereunder (and in the case of a Lender, to the Administrative Agent)<FONT STYLE="font-weight: normal; text-underline-style: double">;
provided further that no Lender shall be entitled to claim any additional cost, reduction in amounts, loss, tax or other additional amount
under this Article V if such Lender fails to provide such notice to the Borrower within 180 days of the date such Lender becomes aware
of the occurrence of the event giving rise to the additional cost, reduction in amounts, loss, tax or other additional amount</FONT>.
The Administrative Agent, each Issuing Bank, each Lender and each Participant, as the case may be, agrees to furnish to the Borrower (and
in the case of the Issuing Banks, a Lender or a Participant to the Administrative Agent as well) a certificate setting forth in reasonable
detail the basis and amount of each request for compensation under this Section. Determinations by the Administrative Agent, such Issuing
Bank, such Lender, or such Participant, as the case may be, of the effect of any Regulatory Change shall be conclusive and binding for
all purposes, provided that such determination is made on a reasonable basis and in good faith.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.2.
Suspension of LIBOR Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Suspension
of LIBOR Loans</U>. Anything herein to the contrary notwithstanding and unless and until a Benchmark Rate is implemented in accordance
with clauses (b) &#8211; (e) of this Section 5.2., if, on or prior to the determination of LIBOR for any Interest Period:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Administrative Agent shall determine (which determination shall be conclusive) that reasonable and adequate means do not exist for ascertaining
LIBOR for such Interest Period;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Administrative Agent reasonably determines (which determination shall be conclusive) that quotations of interest rates for the relevant
deposits referred to in the definition of LIBOR are not being provided in the relevant amounts or for the relevant maturities for purposes
of determining rates of interest for LIBOR Loans as provided herein; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Administrative Agent reasonably determines (which determination shall be conclusive) that the relevant rates of interest referred to in
the definition of LIBOR upon the basis of which the rate of interest for LIBOR Loans for such Interest Period is to be determined are
not likely to adequately cover the cost to any Lender of making or maintaining LIBOR Loans for such Interest Period;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">then the Administrative Agent shall give the Borrower
and each Lender prompt notice thereof and, so long as such condition remains in effect, the Lenders shall be under no obligation to, and
shall not, make additional LIBOR Loans (without limiting the obligation to make Base Rate Loans), Continue LIBOR Loans or Convert Loans
into LIBOR Loans and the Borrower shall, on the last day of each current Interest Period for each outstanding LIBOR Loan, either prepay
such Loan or Convert such Loan into a Base Rate Loan.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Benchmark Replacement</U>. Notwithstanding anything to the contrary herein or in any
other Loan Document, upon the occurrence of a Benchmark Transition Event or an Early Opt-in Election, as applicable, the
Administrative Agent and the Borrower may amend this Agreement to replace LIBOR with a Benchmark Replacement. Any such amendment
with respect to a Benchmark Transition Event for any Class will become effective at 5:00 p.m. on the fifth Business Day after the
Administrative Agent has posted such proposed amendment to all Lenders of such Class and the Borrower so long as the Administrative
Agent has not received, by such time, written notice of objection to such amendment from Lenders comprising the Requisite Class
Lenders for such applicable Class. Any such amendment with respect to an Early Opt-in Election will become effective on the date
that Lenders comprising the Requisite Class Lenders for each Class have delivered to the Administrative Agent written notice that
such Requisite Class Lenders accept such amendment. No replacement of LIBOR with a Benchmark Replacement pursuant to this Section
will occur prior to the applicable Benchmark Transition Start Date.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Benchmark
Replacement Conforming Changes</U>. In connection with the implementation of a Benchmark Replacement, the Administrative Agent will have
the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in
any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further
action or consent of any other party to this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices; Standards
for Decisions and Determinations</U>. The Administrative Agent will promptly notify the Borrower and the Lenders of (i) any occurrence
of a Benchmark Transition Event or an Early Opt-in Election, as applicable, and its related Benchmark Replacement Date and Benchmark Transition
Start Date, (ii) the implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement Conforming Changes
and (iv) the commencement or conclusion of any Benchmark Unavailability Period. Any determination, decision or election that may be made
by the Administrative Agent or Lenders pursuant to clauses (b) &#8211; (e) of this Section 5.2. 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 hereto, except, in each case, as expressly required pursuant to this Section.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Benchmark Unavailability
Period</U>. Upon the Borrower&#8217;s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke
any request for a LIBOR Loan or a Conversion to or Continuation of LIBOR Loans to be made, Converted or Continued during any Benchmark
Unavailability Period and, failing that, the Borrower will be deemed to have Converted any such request into a request for LIBOR Loan
or a Conversion to Base Rate Loans. During any Benchmark Unavailability Period, the component of Base Rate based upon LIBOR will not be
used in any determination of Base Rate.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.3.
Illegality.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding any other
provision of this Agreement, if any Lender shall reasonably determine (which determination shall be conclusive and binding) that it has
become unlawful for such Lender to honor its obligation to make or maintain LIBOR Loans hereunder, then such Lender shall promptly notify
the Borrower thereof (with a copy of such notice to the Administrative Agent) and such Lender&#8217;s obligation to make or Continue,
or to Convert Loans of any other Type into, LIBOR Loans shall be suspended, in each case, until such time as such Lender may again make
and maintain LIBOR Loans (in which case the provisions of Section&nbsp;5.5. shall be applicable (without limiting the obligation to make
Base Rate Loans)).</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.4.
Compensation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall pay to
the Administrative Agent for the account of each Lender, upon the request of the Administrative Agent, such amount or amounts as the Administrative
Agent shall determine in its reasonable discretion shall be sufficient to compensate such Lender for any loss, cost or expense (excluding
lost profits) attributable to:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
payment or prepayment (whether mandatory or optional) of a LIBOR Loan, or Conversion of a LIBOR Loan, made by such Lender for any reason
(including, without limitation, acceleration) on a date other than the last day of the Interest Period for such Loan; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
failure by the Borrower for any reason (including, without limitation, the failure of any of the applicable conditions precedent specified
in Article VI. to be satisfied) to borrow a LIBOR Loan from such Lender on the date for such borrowing, or to Convert a Base Rate Loan
into a LIBOR Loan or Continue a LIBOR Loan on the requested date of such Conversion or Continuation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Not in limitation of the foregoing, such compensation
shall include, without limitation, in the case of a LIBOR Loan, an amount equal to the then present value of (A) the amount of interest
that would have accrued on such LIBOR Loan for the remainder of the Interest Period at the rate applicable to such LIBOR Loan, less (B)
the amount of interest that would accrue on the same LIBOR Loan for the same period if LIBOR were set on the date on which such LIBOR
Loan was repaid, prepaid or Converted or the date on which the Borrower failed to borrow, Convert or Continue such LIBOR Loan calculating
present value by using as a discount rate LIBOR quoted on such date. Upon the Borrower&#8217;s request, the Administrative Agent shall
provide the Borrower with a statement setting forth in reasonable detail the basis for requesting such compensation and the method for
determining the amount thereof. Any such statement shall be conclusive provided that such determination is made on a reasonable basis
and in good faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.5.
Treatment of Affected Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If the obligation of any Lender
to make LIBOR Loans or to Continue, or to Convert Base Rate Loans into, LIBOR Loans shall be suspended pursuant to Section&nbsp;5.1.(c),
Section&nbsp;5.2. or Section&nbsp;5.3. then such Lender&#8217;s LIBOR Loans shall be automatically Converted into Base Rate Loans on the
last day(s) of the then current Interest Period(s) for LIBOR Loans (or, in the case of a Conversion required by Section&nbsp;5.1.(c),
Section&nbsp;5.2., or Section&nbsp;5.3. on such earlier date as such Lender or the Administrative Agent, as applicable, may specify to
the Borrower (with a copy to the Administrative Agent, as applicable) and, unless and until such Lender or the Administrative Agent, as
applicable, gives notice as provided below that the circumstances specified in Section&nbsp;5.1., Section&nbsp;5.2. or Section&nbsp;5.3.
that gave rise to such Conversion no longer exist:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the extent that such Lender&#8217;s LIBOR Loans have been so Converted, all payments and prepayments of principal that would otherwise
be applied to such Lender&#8217;s LIBOR Loans shall be applied instead to its Base Rate Loans; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Loans that would otherwise be made or Continued by such Lender as LIBOR Loans shall be made or Continued instead as Base Rate Loans, and
all Base Rate Loans of such Lender that would otherwise be Converted into LIBOR Loans shall remain as Base Rate Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">If such Lender or the Administrative
Agent, as applicable, gives notice to the Borrower (with a copy to the Administrative Agent, as applicable) that the circumstances specified
in Section&nbsp;5.1.(c), 5.2 or 5.3. that gave rise to the Conversion of such Lender&#8217;s LIBOR Loans pursuant to this Section no longer
exist (which such Lender agrees to do promptly upon such circumstances ceasing to exist) at a time when LIBOR Loans made by other Lenders
are outstanding, then such Lender&#8217;s Base Rate Loans shall be automatically Converted, on the first day(s) of the next succeeding
Interest Period(s) for such outstanding LIBOR Loans, to the extent necessary so that, after giving effect thereto, all Loans held by the
Lenders holding LIBOR Loans and by such Lender are held pro rata (as to principal amounts, Types and Interest Periods) in accordance with
their respective Commitments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in"></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.6.
Change of Lending Office.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Lender agrees that it
will use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to designate an alternate Lending
Office with respect to any of its Loans affected by the matters or circumstances described in Sections&nbsp;3.10., 5.1. or 5.3. to reduce
the liability of the Borrower or avoid the results provided thereunder, so long as such designation is not disadvantageous to such Lender
as determined by such Lender in its sole discretion, except that such Lender shall have no obligation to designate a Lending Office located
in the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.7.
Assumptions Concerning Funding of LIBOR Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Calculation of all amounts
payable to a Lender under this Article shall be made as though such Lender had actually funded LIBOR Loans through the purchase of deposits
in the relevant market bearing interest at the rate applicable to such LIBOR Loans in an amount equal to the amount of the LIBOR Loans
and having a maturity comparable to the relevant Interest Period; provided, however, that each Lender may fund each of its LIBOR Loans
in any manner it sees fit and the foregoing assumption shall be used only for calculation of amounts payable under this Article.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;5.8. Affected Lenders.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If (a) a Lender requests compensation
pursuant to Section&nbsp;3.10. or 5.1., and the Requisite Lenders are not also doing the same, or (b) the obligation of any Lender to
make LIBOR Loans or to Continue, or to Convert Base Rate Loans into, LIBOR Loans shall be suspended pursuant to Section&nbsp;5.1.(b) or
5.3. but the obligation of the Requisite Lenders shall not have been suspended under such Sections, (c) a Lender does not vote in favor
of any amendment, modification or waiver to this Agreement which, pursuant to Section 13.6.(b), requires the vote of such Lender, and
the Requisite Lenders shall have voted in favor of such amendment, modification or waiver, or (d) a Lender is a Defaulting Lender, then,
so long as there does not then exist any Default or Event of Default, the Borrower may demand that such Lender (the &#8220;Affected Lender&#8221;),
and upon such demand the Affected Lender shall promptly, assign its Commitment to an Eligible Assignee subject to and in accordance with
the provisions of Section&nbsp;13.5.(b) for a purchase price equal to (x) the aggregate principal balance of all Loans then owing to the
Affected Lender plus (y) the aggregate amount of payments previously made by the Affected Lender under Section 2.3.(j) that have not been
repaid, plus (z) any accrued but unpaid interest thereon and accrued but unpaid fees owing to the Affected Lender, or any other amount
as may be mutually agreed upon by such Affected Lender and Eligible Assignee. Each of the Administrative Agent and the Affected Lender
shall reasonably cooperate in effectuating the replacement of such Affected Lender under this Section, but at no time shall the Administrative
Agent, such Affected Lender, any other Lender nor any Titled Agent be obligated in any way whatsoever to initiate any such replacement
or to assist in finding an Eligible Assignee. The exercise by the Borrower of its rights under this Section shall be at the Borrower&#8217;s
sole cost and expense and at no cost or expense to the Administrative Agent, the Affected Lender or any of the other Lenders. The terms
of this Section shall not in any way limit the Borrower&#8217;s obligation to pay to any Affected Lender compensation owing to such Affected
Lender pursuant to this Agreement (including, without limitation, pursuant to Sections&nbsp;3.10., 5.1. or 5.4.) with respect to the periods
up to the date of replacement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article VI. Conditions Precedent</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;6.1.
Initial Conditions Precedent.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The obligation of the Lenders
to effect or permit the occurrence of the first Credit Event hereunder, whether as the making of a Loan or the issuance of a Letter of
Credit, is subject to the satisfaction of the following conditions precedent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall have received each of the following, in form and substance satisfactory to the Administrative Agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>counterparts of this Agreement executed by each of the parties hereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notes of each Class executed by the Borrower, payable to each Lender of such Class (other than any Lender that has requested that
it not receive a Note) and complying with the terms of Section&nbsp;2.11.(a) and a replacement Swingline Note executed by the Borrower;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Guaranty executed by each of the Parent and each Material Subsidiary existing as of the Effective Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the certificate or articles of incorporation or formation, articles of organization, certificate of limited partnership, declaration
of trust or other comparable organizational instrument (if any) of each Loan Party certified (x) as of a recent date by the Secretary
of State of the state of formation of such Loan Party and (y)&nbsp;by the Secretary or Assistant Secretary (or other individual performing
similar functions) of such Loan Party as being a true, correct and complete copy thereof as of the Agreement Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a certificate of good standing (or certificate of similar meaning) with respect to each Loan Party issued as of a recent date by
the Secretary of State of the state of formation of each such Loan Party and certificates of qualification to transact business or other
comparable certificates issued as of a recent date by each Secretary of State (and any state department of taxation, as applicable) of
each state in which such Loan Party is required to be so qualified and where failure to be so qualified could reasonably be expected to
have a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a certificate of incumbency signed by the Secretary or Assistant Secretary (or other individual performing similar functions) of
each Loan Party with respect to each of the officers of such Loan Party authorized to execute and deliver the Loan Documents to which
such Loan Party is a party, and in the case of the Borrower, authorized to execute and deliver on behalf of the Borrower Notices of Borrowing,
Notices of Conversion, Notices of Continuation, Notices of Swingline Borrowing, and to request issuance of Letters of Credit;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>copies certified by the Secretary or Assistant Secretary (or other individual performing similar functions) of each Loan Party
of (A)&nbsp;the by-laws of such Loan Party, if a corporation, the operating agreement, if a limited liability company, the partnership
agreement, if a limited or general partnership, or other comparable document in the case of any other form of legal entity and (B)&nbsp;all
corporate, partnership, member or other necessary action taken by such Loan Party to authorize the execution, delivery and performance
of the Loan Documents to which it is a party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>an opinion of counsel to the Loan Parties (other than any Accommodation Subsidiary that is not a Material Subsidiary), addressed
to the Administrative Agent and the Lenders and covering such customary matters as may be required by the Administrative Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ix)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>evidence that the Fees then due and payable under Section&nbsp;3.5., together with all other fees, expenses and reimbursement amounts
due and payable to the Administrative Agent, the Lead Arrangers and any of the Lenders, including without limitation, the fees and expenses
of counsel to the Administrative Agent, have been paid;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(x)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> a Compliance Certificate calculated as of the Effective Date (giving pro forma effect to the financing evidenced by this Agreement
and the use of the proceeds of the Loans to be funded on the Agreement Date);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xi)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>[reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a Disbursement Instruction Agreement effective as of the Agreement Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: 0.75in">(xiii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>evidence of repayment in full of (x) that certain Term Loan Agreement dated as of May 3, 2016, by and among the Borrower, the Parent,
the financial institutions from time to time party thereto, KeyBank National Association, as administrative agent, and the other parties
thereto, as amended by that certain First Amendment to Term Loan Credit Agreement dated as of April 26, 2017 and (y) that certain Term
Loan Agreement dated as of April 26, 2017, by and among the Borrower, the Parent, the financial institutions from time to time party thereto,
Regions Bank, as administrative agent, and the other parties thereto; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xiv)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>such other documents, agreements and instruments as the Administrative Agent, or any Lender through the Administrative Agent, may
reasonably request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The provisions of clauses (iv) through (viii)
of the immediately preceding subsection&nbsp;(a) shall not apply to Accommodation Subsidiaries that are not also Material Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
shall not have occurred or become known to the Administrative Agent or any of the Lenders any event, condition, situation or status since
the date of the information contained in the financial and business projections, budgets, pro forma data and forecasts concerning the
Parent, the Borrower and its Subsidiaries delivered to the Administrative Agent and the Lenders prior to the Agreement Date that has had
or could reasonably be expected to result in a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
litigation, action, suit, investigation or other arbitral, administrative or judicial proceeding shall be pending or threatened in writing
which could reasonably be expected to (i) result in a Material Adverse Effect or (ii) restrain or enjoin, impose materially burdensome
conditions on, or otherwise materially and adversely affect, the ability of the Borrower or any other Loan Party to fulfill its obligations
under the Loan Documents to which it is a party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent, the Borrower and its Subsidiaries shall have received all approvals, consents and waivers, and shall have made or given all necessary
filings and notices as shall be required to consummate the transactions contemplated hereby without the occurrence of any default under,
conflict with or violation of (i)&nbsp;any Applicable Law or (ii)&nbsp;any agreement, document or instrument to which any Loan Party is
a party or by which any of them or their respective properties is bound, except for such approvals, consents, waivers, filings and notices
the receipt, making or giving of which would not reasonably be likely to (A)&nbsp;have a Material Adverse Effect, or (B)&nbsp;restrain
or enjoin or impose materially burdensome conditions on, or otherwise materially and adversely affect the ability of the Borrower or any
other Loan Party to fulfill its obligations under the Loan Documents to which it is a party; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower and each other Loan Party shall have provided to the Administrative Agent and the Lenders the documentation and other information
requested by the Administrative Agent in order to comply with requirements of any Anti-Money Laundering Laws, including, without limitation,
the PATRIOT Act and any applicable &#8220;know your customer&#8221; rules and regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Loan Party or Subsidiary thereof that qualifies as a &#8220;legal entity customer&#8221; under the Beneficial Ownership Regulation
shall have delivered to the Administrative Agent, and any Lender requesting the same, a Beneficial Ownership Certification in
relation to such Loan Party or such Subsidiary, in each case at least five (5) Business Days prior to the Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;6.2.
Conditions Precedent to All Loans and Letters of Credit.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The obligations of (i) Lenders
to make any Loans and (ii) the Issuing Banks to issue Letters of Credit are each subject to the further conditions precedent that: (a)&nbsp;no
Default or Event of Default shall exist as of the date of the making of such Loan or date of issuance of such Letter of Credit or would
exist immediately after giving effect thereto, and no violation of the limits described in Section&nbsp;2.15. would occur after giving
effect thereto; (b)&nbsp;the representations and warranties made or deemed made by the Parent, the Borrower and each other Loan Party
in the Loan Documents to which any of them is a party, shall be true and correct in all material respects (or, to the extent qualified
by materiality or Material Adverse Effect, in all respects) on and as of the date of the making of such Loan or date of issuance of such
Letter of Credit with the same force and effect as if made on and as of such date (except to the extent that such representations and
warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have been true and correct
in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects) on and as of such earlier
date) and except for changes in factual circumstances not prohibited under the Loan Documents; provided that, during the Covenant Relief
Period, for purposes of making the representation set forth in the first sentence of Section 7.1(l) any event or circumstance resulting
from the COVID-19 pandemic as described in the 10-Q publicly filed by the Parent on May 11, 2020 and as subsequently publicly disclosed
by the Parent in its securities filings or as otherwise disclosed to the Administrative Agent and the Lenders in writing prior to the
First Amendment Date shall be excluded; (c)&nbsp;in the case of the borrowing of Revolving Loans, the Administrative Agent shall have
received a timely Notice of Borrowing, and in the case of a Swingline Loan, the Swingline Lender shall have received a timely Notice of
Swingline Borrowing, and in the case of the issuance of a Letter of Credit, the Issuing Banks and the Administrative Agent shall have
received a timely request for the issuance of such Letter of Credit and (d) if the Parent and the Borrower were not required to comply
with the financial covenants contained in Section 10.1.(a), Section 10.1.(b), Section 10.1.(c) or Section 10.1.(d) during any fiscal quarter
in which no Loans and no Letters of Credit Liabilities were outstanding; the Borrower must demonstrate compliance with such financial
covenants on a pro forma basis as a condition to the making of a Loan or the issuance of a Letter of Credit. Each Credit Event shall constitute
a certification by the Borrower to the effect set forth clauses (a) and (b) in the preceding sentence (both as of the date of the giving
of notice relating to such Credit Event and, unless the Borrower otherwise notifies the Administrative Agent prior to the date of such
Credit Event, as of the date of the occurrence of such Credit Event). In addition, the Borrower shall be deemed to have represented to
the Administrative Agent and the Lenders at the time any Loan is made or any Letter of Credit is issued that all conditions to the making
of such Loan or issuing of such Letter of Credit contained in this Section have been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article VII. Representations
and Warranties</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;7.1.
Representations and Warranties.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In order to induce the Administrative
Agent and each Lender to enter into this Agreement and to make Loans and, in the case of the Issuing Banks, to issue Letters of Credit,
the Parent and the Borrower represent and warrant to the Administrative Agent, each Issuing Bank and each Lender as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization;
Power; Qualification</U>. Each of the Parent, the Borrower, the other Loan Parties and the other Subsidiaries is a corporation,
partnership, limited liability company or other legal entity, duly organized or formed, validly existing and in good standing under
the jurisdiction of its incorporation or formation, has the power and authority to own or lease its respective properties and to
carry on its respective business as now being and hereafter proposed to be conducted and is duly qualified and is in good standing
as a foreign corporation, limited liability company, partnership or other legal entity, and authorized to do business, in each
jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization and
where the failure to be so qualified or authorized could reasonably be expected to have, in each instance, a Material Adverse
Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Ownership
Structure</U>. As of the First Amendment Date, Part I of Schedule&nbsp;7.1.(b) is a complete and correct list of all Subsidiaries of the
Parent setting forth for each such Subsidiary, (i)&nbsp;the jurisdiction of organization of such Subsidiary, (ii)&nbsp;each Person holding
any Equity Interests in such Subsidiary, (iii)&nbsp;the nature of the Equity Interests held by each such Person, (iv)&nbsp;the percentage
of ownership of such Subsidiary represented by such Equity Interests and (v)&nbsp;whether such Subsidiary is a Material Subsidiary, a
Significant Subsidiary, an Excluded Subsidiary, an Accommodation Subsidiary, an Issuer on the First Amendment Date or none of the foregoing.
Except as disclosed in such Schedule, as of the First Amendment Date (A)&nbsp;each of the Parent and its Subsidiaries owns, free and clear
of all Liens (other than Permitted Liens), and has the unencumbered right to vote, all outstanding Equity Interests in each Person shown
to be held by it on such Schedule&nbsp;7.1.(b), (B)&nbsp;all of the issued and outstanding capital stock of each such Person organized
as a corporation is validly issued, fully paid and nonassessable and (C)&nbsp;there are no outstanding subscriptions, options, warrants,
commitments, preemptive rights or agreements of any kind (including, without limitation, any stockholders&#8217; or voting trust agreements)
for the issuance, sale, registration or voting of, or outstanding securities convertible into, any additional shares of capital stock
of any class, or partnership or other ownership interests of any type in, any such Person. As of the First Amendment Date, Part&nbsp;II
of Schedule&nbsp;7.1.(b) correctly sets forth all Unconsolidated Affiliates of the Parent, including the correct legal name of such Person,
the type of legal entity which each such Person is, and all Equity Interests in such Person held directly or indirectly by the Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authorization
of Loan Documents and Borrowings</U>. The Borrower has the right and power, and has taken all necessary action to authorize it, to borrow
and obtain other extensions of credit hereunder. The Borrower and each other Loan Party has the right and power, and has taken all necessary
action to authorize it, to execute, deliver and perform each of the Loan Documents and the Fee Letters to which it is a party in accordance
with their respective terms and to consummate the transactions contemplated hereby and thereby and to grant Liens in the Collateral to
the Administrative Agent for the benefit of the Lender Parties pursuant to the Pledge Agreement. The Loan Documents and the Fee Letters
to which any Loan Party is a party have been duly executed and delivered by the duly authorized officers, agents and/or signatories of
such Person and each is a legal, valid and binding obligation of such Person enforceable against such Person in accordance with its respective
terms, except as the same may be limited by bankruptcy, insolvency, and other similar laws affecting the rights of creditors generally
and the availability of equitable remedies for the enforcement of certain obligations (other than the payment of principal) contained
herein or therein and as may be limited by equitable principles generally.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
of Loan Documents with Laws, Etc</U>. The execution, delivery and performance of this Agreement, the Notes, the other Loan Documents to
which any Loan Party is a party and of the Fee Letters in accordance with their respective terms and the borrowings and other extensions
of credit hereunder and the grant of any Liens under the Pledge Agreement do not and will not, by the passage of time, the giving of notice,
or both: (i)&nbsp;require any Governmental Approval or violate any Applicable Law (including all Environmental Laws) relating to the Borrower
or any other Loan Party (other than filings and consents contemplated by the Pledge Agreement); (ii)&nbsp;conflict with, result in a breach
of or constitute a default under the organizational documents of any Loan Party, or any indenture, agreement or other instrument to which
the Borrower or any other Loan Party is a party or by which it or any of its respective properties may be bound; or (iii)&nbsp;result
in or require the creation or imposition of any Lien upon or with respect to any property now owned or hereafter acquired by any Loan
Party other than in favor of the Administrative Agent for its benefit and the benefit of the other Lender Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Law; Governmental Approvals</U>. Each of the Borrower, the other Loan Parties and the other Subsidiaries is in compliance with each
Governmental Approval applicable to it and in compliance with all other Applicable Laws (including, without limitation, Environmental
Laws) relating to it except for noncompliances which, and Governmental Approvals the failure to possess which, could not, in the aggregate,
reasonably be expected to cause a Default or Event of Default or have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Title
to Properties; Liens</U>. As of the First Amendment Date, Part I of Schedule 7.1.(f) is a complete and correct listing of all real estate
assets of the Parent, the Borrower, each other Loan Party and each other Subsidiary, setting forth, for each such Property, the average
occupancy status of such Property for the period of twelve consecutive calendar fiscal months ending April 30, 2020. Each of the Parent,
the Borrower, each other Loan Party and each other Subsidiary has good, marketable and legal title to, or a valid leasehold interest in,
its respective assets (other than Permitted Liens, prior to a Frenchman&#8217;s Reef Property becoming an Unencumbered Property, claims
of materialmen, mechanics, carriers, or warehousemen for labor, materials, supplies incurred in the ordinary course of business which
relate to claims against such Frenchman&#8217;s Reef Property and Liens on assets of an Excluded Subsidiary securing the Indebtedness
which causes such Subsidiary to be an Excluded Subsidiary). As of the First Amendment Date, there are no Liens against any assets of the
Parent, the Borrower or any other Subsidiary except for Permitted Liens, claims of materialmen, mechanics, carriers, or warehousemen for
labor, materials, supplies incurred in the ordinary course of business which relate to claims against any Frenchman&#8217;s Reef Property
and Liens on assets of an Excluded Subsidiary securing the Indebtedness which causes such Subsidiary to be an Excluded Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Existing
Indebtedness; Total Indebtedness</U>. Schedule&nbsp;7.1.(g) is, as of the First Amendment Date, a complete and correct listing of all
Indebtedness (including all Guarantees) of each of the Parent, the Borrower, the other Loan Parties and the other Subsidiaries, and if
such Indebtedness is secured by any Lien, a description of all of the property subject to such Lien.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Material
Contracts</U>. Excluding Material Contracts evidencing Indebtedness listed on Schedule&nbsp;7.1.(g), if any, Schedule&nbsp;7.1.(h) is,
as of the First Amendment Date, a true, correct and complete listing of all Material Contracts. No event or condition which with the giving
of notice, the lapse of time, or both, would permit any party to any such Material Contract to terminate such Material Contract exists.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Litigation</U>.
Except as set forth on Schedule&nbsp;7.1.(i), there are no actions, suits, investigations or proceedings pending (nor, to the knowledge
of any Responsible Officer of the Parent or the Borrower, are there any actions, suits or proceedings threatened) against or in any other
way relating adversely to or affecting the Parent, the Borrower, any other Loan Party, any other Subsidiary or any of their respective
property in any court or before any arbitrator of any kind or before or by any other Governmental Authority which, (i)&nbsp;could reasonably
be expected to have a Material Adverse Effect or (ii) in any manner draws into question the validity or enforceability of any Loan Documents
or the Fee Letters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.
Subject to applicable extensions, all federal, state and other material tax returns of the Parent, the Borrower, each other Loan Party
and each other Subsidiary required by Applicable Law to be filed have been duly filed, and all federal, state and other material Taxes
of the Parent, the Borrower, each other Loan Party, each other Subsidiary and their respective properties, income, profits and assets
which are due and payable have been paid, except any such nonpayment which is at the time permitted under Section&nbsp;8.6. As of the
Agreement Date, none of the United States income tax returns of the Parent, the Borrower any other Loan Party or any other Subsidiary
is under audit. All charges, accruals and reserves on the books of the Parent, the Borrower, the other Loan Parties and the other Subsidiaries
in respect of any taxes or other governmental charges are in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Statements</U>. The Borrower has furnished to each Lender copies of (i) the audited consolidated balance sheet of the Parent and its consolidated
Subsidiaries for the fiscal year ended December 31, 2018, and the related audited consolidated statements of operations, shareholders&#8217;
equity and cash flow for the fiscal year ended on such date, with the opinion thereon of KPMG LLP, and (ii) the unaudited consolidated
balance sheet of the Parent and its consolidated Subsidiaries for the fiscal quarter ended March 31, 2019, and the related unaudited consolidated
statements of operations, and cash flow of the Parent and its consolidated Subsidiaries for the fiscal quarter period ended on such date.
Such balance sheets and statements (including in each case related schedules and notes) are complete and correct in all material respects
and present fairly, in accordance with GAAP consistently applied throughout the periods involved, the consolidated financial position
of the Parent and its consolidated Subsidiaries as at their respective dates and the results of operations and the cash flow for such
periods (subject, as to interim statements, to changes resulting from normal year-end audit adjustments). Neither the Parent nor any of
its Subsidiaries has on the Agreement Date any material contingent liabilities, liabilities, liabilities for taxes, unusual or long-term
commitments or unrealized or forward anticipated losses from any unfavorable commitments that would be required to be set forth in its
financial statements or notes thereto, except as referred to or reflected or provided for in said financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Material Adverse Change</U>. Since December 31, 2018, there has been no material adverse change in the business, assets, liabilities,
financial condition or results of operations of the Parent and its Subsidiaries or the Borrower and its Subsidiaries, in each case, taken
as a whole. Each of the Borrower and the Parent are Solvent, and the other Loan Parties taken as a whole are Solvent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Benefit Arrangement and Plan is in compliance with the applicable provisions of ERISA, the Internal Revenue Code and other Applicable
Laws in all material respects. Except with respect to Multiemployer Plans, each Qualified Plan (A)&nbsp;has received a favorable determination
from the Internal Revenue Service indicating that such Qualified Plan is so qualified, or (B)&nbsp;is maintained under a prototype or
volume submitter plan and is entitled to rely upon a favorable opinion or advisory letter issued by the Internal Revenue Service with
respect to such prototype or volume submitter plan. To the best knowledge of the Parent and the Borrower, nothing has occurred which could
reasonably be expected to result in the loss of their reliance on the Qualified Plan&#8217;s or Plan&#8217;s favorable determination letter,
opinion or advisory letter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to any Benefit Arrangement that is a retiree welfare benefit arrangement, all amounts have been accrued on the applicable ERISA
Group&#8217;s financial statements in accordance with FASB ASC 715. The &#8220;benefit obligation&#8221; of all Plans does not exceed
the &#8220;fair market value of plan assets&#8221; for such Plans by more than $10,000,000 all as determined by and with such terms defined
in accordance with FASB ASC 715.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect: (i)&nbsp;no ERISA Event has
occurred or is expected to occur; (ii)&nbsp;there are no pending, or to the best knowledge of the Parent and the Borrower, threatened,
claims, actions or lawsuits or other action by any Governmental Authority, plan participant or beneficiary with respect to a Benefit Arrangement;
(iii)&nbsp;there are no violations of the fiduciary responsibility rules with respect to any Benefit Arrangement or Plan; (iv)&nbsp; no
member of the ERISA Group has engaged in a non-exempt &#8220;prohibited transaction,&#8221; as defined in Section&nbsp;406 of ERISA and
Section&nbsp;4975 of the Internal Revenue Code, in connection with any Benefit Arrangement or Plan, that would subject the Parent or Borrower
to a tax on prohibited transactions imposed by Section&nbsp;502(i) of ERISA or Section&nbsp;4975 of the Internal Revenue Code and (v)
no assessment or tax has arisen under Section 4980H of the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Not
Plan Assets; No Prohibited Transactions</U>. None of the assets of the Parent, the Borrower, any other Loan Party or any other Subsidiary
constitutes &#8220;plan assets&#8221; within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated
thereunder. Assuming that no Lender funds any amount payable by it hereunder with &#8220;plan assets,&#8221; as that term is defined in
29 C.F.R. 2510.3-101, the execution, delivery and performance of this Agreement and the other Loan Documents, and the borrowing and repayment
of amounts hereunder, do not and will not constitute &#8220;prohibited transactions&#8221; under Section 406 of ERISA or Section 4975
of the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Defaults</U>. None of the Loan Parties or any of the other Subsidiaries is in default under its certificate or articles of incorporation
or formation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied,
cured or waived, which, in any such case: (i)&nbsp;constitutes a Default or an Event of Default; or (ii)&nbsp;constitutes, or which with
the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the Borrower, any other
Loan Party or any other Subsidiary under any agreement (other than this Agreement) or judgment, decree or order to which any such Person
is a party or by which any such Person or any of its respective properties may be bound where such default or event of default could,
individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Laws</U>. In the ordinary course of business each of the Parent, the Borrower, each other Loan Party and each other Subsidiary
reviews the compliance with Environmental Laws of its respective business, operations and properties. Each of the Parent, the
Borrower, each other Loan Party and the other Subsidiary: (i)&nbsp;is in compliance with all Environmental Laws applicable to its
business, operations and the Properties, (ii) has obtained all Governmental Approvals which are required under Environmental Laws,
and each such Governmental Approval is in full force and effect, and (iii) is in compliance with all terms and conditions of such
Governmental Approvals, where with respect to each of the immediately preceding clauses (i) through (iii) the failure to obtain or
to comply with could reasonably be expected to have a Material Adverse Effect. Except for any of the following matters that could
not reasonably be expected to have a Material Adverse Effect, no Loan Party has any knowledge of, or has received written notice of,
any past, present, or pending releases, events, conditions, circumstances, activities, practices, incidents, facts, occurrences,
actions, or plans that, with respect to any Loan Party or any other Subsidiary, their respective businesses, operations or with
respect to the Properties, may: (i) cause or contribute to an actual or alleged violation of or noncompliance with Environmental
Laws, (ii) cause or contribute to any other potential common&#45;law or legal claim or other liability, or (iii) cause any of the
Properties to become subject to any restrictions on ownership, occupancy, use or transferability under any Environmental Law or
require the filing or recording of any notice, approval or disclosure document under any Environmental Law and, with respect to the
immediately preceding clauses (i) through (iii) is based on or related to the on-site or off-site manufacture, generation,
processing, distribution, use, treatment, storage, disposal, transport, removal, clean up or handling, or the emission, discharge,
release or threatened release of any Hazardous Material, or any other requirement under Environmental Law. There is no civil,
criminal, or administrative action, suit, demand, claim, hearing, written notice, or demand letter, mandate, order, lien, request,
investigation, or proceeding pending or, to the Parent&#8217;s or Borrower&#8217;s knowledge, threatened in writing, against the
Parent, the Borrower, any other Loan Party or any other Subsidiary relating in any way to Environmental Laws which reasonably could
be expected to have a Material Adverse Effect. To the Parent&#8217;s or Borrower&#8217;s knowledge, none of the Properties of the
Parent, the Borrower, any other Loan Party or any other Subsidiary is listed on or proposed for listing on the National Priority
List promulgated pursuant to the Comprehensive Environmental Response, Compensation and Liability Act of 1980 and its implementing
regulations, or any state or local priority list promulgated pursuant to any analogous state or local law. To Parent&#8217;s or
Borrower&#8217;s knowledge, no Hazardous Materials generated at or transported from any such Properties is or has been transported
to, or disposed of at, any location that is listed or proposed for listing on the National Priority List or any analogous state or
local priority list, or any other location that is or has been the subject of a clean-up, removal or remedial action pursuant to any
Environmental Law, except to the extent that such transportation or disposal could not reasonably be expected to result in a
Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investment
Company</U>. None of the Parent, the Borrower, any other Loan Party or any other Subsidiary is (i)&nbsp;an &#8220;investment company&#8221;
or a company &#8220;controlled&#8221; by an &#8220;investment company&#8221; within the meaning of the Investment Company Act of 1940,
as amended, or (ii)&nbsp;subject to any other Applicable Law which purports to regulate or restrict its ability to borrow money or obtain
other extensions of credit or to consummate the transactions contemplated by this Agreement or to perform its obligations under any Loan
Document to which it is a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Margin
Stock</U>. None of the Parent, the Borrower, any other Loan Party or any other Subsidiary is engaged principally, or as one of its important
activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying &#8220;margin
stock&#8221; within the meaning of Regulation&nbsp;U of the Board of Governors of the Federal Reserve System.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affiliate
Transactions</U>. Except as permitted by Section&nbsp;10.11., none of the Parent, the Borrower, any other Loan Party or any other Subsidiary
is a party to or bound by any agreement or arrangement with any Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intellectual
Property</U>. Each of the Loan Parties and each other Subsidiary owns or has the right to use, under valid license agreements or otherwise,
all material registered patents, licenses, franchises, registered trademarks, trademark rights, service marks, service mark rights, trade
names, trade name rights, trade secrets and copyrights (collectively, &#8220;Intellectual Property&#8221;) necessary to the conduct of
its businesses as now conducted and as contemplated by the Loan Documents, without, to the knowledge of the Loan Parties, conflict in
any material respect with any registered patent, license, franchise, registered trademark, trademark right, service mark, service mark
right, trade secret, trade name, copyright, or other proprietary right of any other Person. The Parent, the Borrower and each other Subsidiary
have taken all such steps as they deem reasonably necessary to protect their respective rights under and with respect to such Intellectual
Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.6in 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Business</U>.
As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of developing,
construction, acquiring, owning and operating hotel properties, together with other business activities incidental thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Broker&#8217;s
Fees</U>. No broker&#8217;s or finder&#8217;s fee, commission or similar compensation will be payable with respect to the transactions
contemplated hereby. No other similar fees or commissions will be payable by any Loan Party for any other services rendered to the Parent,
the Borrower, any other Loan Party or any other Subsidiary ancillary to the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.6in 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(w)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Accuracy
and Completeness of Information</U>. All written information, reports and data (other than financial projections and other forward
looking statements) furnished to the Administrative Agent or any Lender by, on behalf of, or at the direction of, the Parent, the
Borrower, any other Loan Party or any other Subsidiary were, at the time the same were so furnished, and when taken as a whole,
complete and correct in all material respects, to the extent necessary to give the recipient a true and accurate knowledge of the
subject matter, or, in the case of financial statements, present fairly in all material respects, in accordance with GAAP
consistently applied throughout the periods involved in each case, the financial position of the Persons involved as at the date
thereof and the results of operations for such periods (subject, as to interim statements, to changes resulting from normal year end
audit adjustments and absence of full footnote disclosure). All financial projections and other forward looking statements prepared
by or on behalf of the Parent, the Borrower, any other Loan Party or any other Subsidiary that have been or may hereafter be made
available to the Administrative Agent or any Lender were or will be prepared in good faith based on assumptions believed by the
Borrower to be reasonable at the time such projections or statements are made or delivered but with it being understood that such
projections and statement are not a guarantee of future performance. As of the Effective Date, no fact is known to any Loan Party
which has had, or may reasonably be expected in the future to have (so far as any Loan Party can reasonably foresee), a Material
Adverse Effect which has not been set forth in the financial statements referred to in Section&nbsp;7.1.(k) or in such information,
reports or data or otherwise disclosed in writing to the Administrative Agent and the Lenders. As of the Effective Date, all of the
information included in the Beneficial Ownership Certification, if applicable, is true and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>REIT
Status</U>. The Parent has elected to be treated as a REIT under the Internal Revenue Code, the Parent is qualified as a REIT and each
of its Subsidiaries that is a corporation is a Qualified REIT Subsidiary or Taxable REIT Subsidiary, except where a Subsidiary&#8217;s
failure to so qualify could not reasonably be expected to have an adverse effect on the Parent&#8217;s qualification as a REIT.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(y)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Unencumbered
Properties</U>. Each of the Properties included in calculations of the Unencumbered Property Value satisfies all of the requirements contained
in the definition of &#8220;Eligible Property&#8221; (except to the extent such requirements were waived by Requisite Lenders). Each of
the Eligible Properties as of the First Amendment Date are listed on Schedule 7.1.(y).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(z) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Anti-Corruption
Laws and Sanctions; Anti-Terrorism Laws</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of (A) the Parent, the Borrower, any Subsidiary, any of their respective directors, officers, or, to the knowledge of the Parent, the
Borrower or such Subsidiary, any of their respective employees or Affiliates, or (B) to the knowledge of the Parent or the Borrower, any
agent or representative of the Parent, the Borrower or any Subsidiary that will act in any capacity in connection with or benefit from
any Loan or Letter of Credit, (I) is a Sanctioned Person or currently the subject or target of any Sanctions, (II) is controlled by or
is acting on behalf of a Sanctioned Person, (III) has its assets located in a Sanctioned Country, (IV) is under administrative, civil
or criminal investigation for an alleged violation of, or received notice from or made a voluntary disclosure to any governmental entity
regarding a possible violation of, Anti-Corruption Laws, Anti-Money Laundering Laws or Sanctions by a governmental authority that enforces
Sanctions or any Anti-Corruption Laws or Anti-Money Laundering Laws, or (V) directly or indirectly derives revenues from investments in,
or transactions with, Sanctioned Persons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Parent, the Borrower and their respective Subsidiaries has implemented and maintains in effect policies and procedures reasonably
designed to promote and achieve compliance by the Parent, the Borrower and their respective Subsidiaries and their respective directors,
officers, employees, agents and Affiliates with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Parent, the Borrower and its Subsidiaries, each director, officer, and to the knowledge of the Parent and the Borrower, employee,
agent and Affiliate of the Parent, the Borrower and each such Subsidiary, is in compliance with applicable Anti-Corruption Laws, Anti-Money
Laundering Laws and Sanctions in all material respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
proceeds of any Loan or Letter of Credit have been used, directly or (to the knowledge of the Borrower) indirectly, by the Borrower, any
of its Subsidiaries or any of its or their respective directors, officers, employees and agents in violation of Section 8.8.(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(aa)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affected
Financial Institution</U>. None of the Parent, Borrower or any of their respective Subsidiaries is an Affected Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(bb)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Security
Interest</U>. On and after the First Amendment Date and prior to the Security Release Date, the Pledge Agreement creates, as security
for the Obligations, a valid and enforceable Lien on all of the Collateral in favor of the Administrative Agent for its benefit and the
benefit of the Lender Parties, superior to and prior to the rights of all third parties (subject to the terms of the Intercreditor Agreement
and except for tax Liens which are Permitted Liens of the type described in clause (a) of the definition of such term) and subject to
no other Liens (except for tax Liens which are Permitted Liens of the type described in clauses (a) of the definition of such term and
Permitted Liens under clause (e) and (l) of the definition of thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;7.2.
Survival of Representations and Warranties, Etc.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">All statements contained in
any certificate, financial statement or other instrument delivered by or on behalf of any Loan Party or any other Subsidiary to the Administrative
Agent or any Lender pursuant to or in connection with this Agreement or any of the other Loan Documents (including, but not limited to,
any such statement made in or in connection with any amendment thereto or any statement contained in any certificate, financial statement
or other instrument delivered by or on behalf of any Loan Party prior to the Agreement Date and delivered to the Administrative Agent
or any Lender in connection with the underwriting or closing the transactions contemplated hereby) shall constitute representations and
warranties made by the Parent and the Borrower to the Administrative Agent and the Lenders under this Agreement. All representations and
warranties made under this Agreement and the other Loan Documents shall be deemed to be made at and as of the Agreement Date, the Effective
Date, the date on which any extension of the Termination Date is effectuated pursuant to Section&nbsp;2.13. and at and as of the date
of the occurrence of each Credit Event, except to the extent that such representations and warranties expressly relate solely to an earlier
date (in which case such representations and warranties shall have been true and correct in all material respects on and as of such earlier
date) and except for changes in factual circumstances not prohibited under the Loan Documents. All such representations and warranties
shall survive the effectiveness of this Agreement, the execution and delivery of the Loan Documents and the making of the Loans and the
issuance of the Letters of Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article VIII. Affirmative Covenants</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For so long as this Agreement
is in effect, unless the appropriate Lenders shall otherwise consent in the manner provided for in Section&nbsp;13.6., the Parent and
the Borrower shall comply with the following covenants:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.1.
Preservation of Existence and Similar Matters.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Except as otherwise
permitted under Section&nbsp;10.7., the Parent and the Borrower shall, and shall cause each other Loan Party and each other
Subsidiary to, preserve and maintain its respective existence, rights, franchises, licenses and privileges in the jurisdiction of
its incorporation or formation and qualify and remain qualified and authorized to do business in each jurisdiction in which the
character of its properties or the nature of its business requires such qualification and authorization and where the failure to be
so authorized and qualified could reasonably be expected to have a Material Adverse Effect; <U>provided</U>, <U>however</U>, that
nothing in this <U>Section&nbsp;8.1.</U> will prohibit the Parent or any other Loan Party or any of their Subsidiaries from engaging
in any transactions permitted under this Agreement, including <U>Section&nbsp;10.7.</U>, and neither the Parent nor any other Loan
Party or any of their Subsidiaries shall be required to preserve any such right, franchise or existence if the board of directors of
the Parent or the Borrower shall determine that the preservation thereof is no longer desirable in the conduct of the business of
the Parent, the Borrower and their Subsidiaries taken as a whole and that the loss thereof is not adverse in any material respect to
the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.2.
Compliance with Applicable Law and Material Contracts.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, and shall cause each other Loan Party and each other Subsidiary to, comply with&nbsp;(a) all Applicable Laws, including the obtaining
of all Governmental Approvals, the failure with which to comply could reasonably be expected to have a Material Adverse Effect, and (b)&nbsp;all
terms and conditions of all Material Contracts to which it is a party, the failure with which to comply could give any other party thereto
the right to terminate such Material Contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.3.
Maintenance of Property.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In addition to the requirements
of any of the other Loan Documents, the Parent and the Borrower shall, and shall cause each other Loan Party and each other Subsidiary
to, (a)&nbsp;protect and preserve all of its respective material properties, including, but not limited to, all Intellectual Property
(to the extent reasonably necessary in connection with operations), and maintain in good repair, working order and condition all tangible
properties, ordinary wear and tear and insured casualty losses excepted, and (b)&nbsp;make or cause to be made all repairs, renewals,
replacements and additions to such properties necessary or appropriate in the Borrower&#8217;s good faith and reasonable judgment, so
that the business carried on in connection therewith may be properly and advantageously conducted at all times.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.4.
Conduct of Business.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, and shall cause each other Loan Party and each other Subsidiary taken as a whole to, carry on the business as described in Section&nbsp;7.1.(u)
and not enter into any line of business not otherwise engaged in by such Person as of the Agreement Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.5.
Insurance.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In addition to the requirements
of any of the other Loan Documents, the Parent and the Borrower shall, and shall cause each other Loan Party and each other Subsidiary
to, maintain insurance (on a replacement cost basis) with financially sound and reputable insurance companies against such risks (including,
without limitation, acts of terrorism) and in such amounts as is customarily maintained by prudent Persons engaged in similar businesses
and in similar locations or as may be required by Applicable Law. At the time financial statements are furnished pursuant to Section 9.2.
and from time to time upon the request of the Administrative Agent, the Borrower shall deliver to the Administrative Agent a detailed
list, together with copies of all policies of the insurance then in effect, stating the names of the insurance companies, the amounts
and rates of the insurance, the dates of the expiration thereof and the properties and risks covered thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.6.
Payment of Taxes and Claims.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the
Borrower shall, and shall cause each other Loan Party and each other Subsidiary to, pay and discharge before delinquent (a)&nbsp;all
federal and state income taxes and all other material taxes, assessments and governmental charges or levies imposed upon it or upon
its income or profits or upon any properties belonging to it, and (b)&nbsp;all lawful claims of materialmen, mechanics, carriers,
warehousemen and landlords for labor, materials, supplies and rentals which, if unpaid, might become a Lien on any properties of
such Person (other than any such claim that constitutes a Permitted Lien under clause (a)(y) of the definition of &#8220;Permitted
Liens&#8221; and prior to a Frenchman&#8217;s Reef Property becoming an Unencumbered Property, claims of materialmen, mechanics,
carriers, or warehousemen for labor, materials, supplies incurred in the ordinary course of business which relate to claims against
such Frenchman&#8217;s Reef Property<FONT STYLE="font-size: 10pt">); provided, however, that this Section shall not require the
payment or discharge of any such tax, assessment, charge, levy or claim (i) which is being contested in good faith by appropriate
proceedings which operate to suspend the collection thereof and for which adequate reserves have been established on the books of
such Person in accordance with GAAP or (ii)&nbsp;to the extent covered by title insurance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.7.
Inspections.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; text-align: justify"><FONT STYLE="font-weight: normal">The
Parent and the Borrower shall, and shall cause each other Loan Party and each other Subsidiary to, permit the representatives or agents
of any Lender or the Administrative Agent, from time to time after reasonable prior notice and in a manner that does not unreasonably
disrupt the normal business operations of the Parent, the Borrower or such Subsidiary, in each case so long as no Event of Default shall
be in existence, as often as may be reasonably requested, but only during normal business hours, as the case may be, to: (a)&nbsp;visit
and inspect all properties of the Parent, the Borrower or such Subsidiary to the extent any such right to visit or inspect is within the
control of such Person; provided that such visit and inspection shall not include the extraction of soil or other sample testing related
to Environmental Law or Hazardous Materials, unless a Default or Event of Default exists; (b)&nbsp;inspect and make extracts from their
respective books and records, including but not limited to management letters prepared by independent accountants; and (c)&nbsp;discuss
with its officers and employees, and its independent accountants, its business, properties, condition (financial or otherwise), results
of operations and performance. If requested by the Administrative Agent, the Parent and the Borrower shall execute an authorization letter
addressed to their accountants authorizing the Administrative Agent or any Lender to discuss the financial affairs of the Parent, the
Borrower, any other Loan Party or any other Subsidiary with their accountants. The Parent may designate a representative to accompany
any Lender or Administrative Agent in connection with such visits, inspections and discussion unless a Default or Event of Default exists.
The Borrower shall be obligated to reimburse the Administrative Agent and the Lenders for their reasonable costs and expenses incurred
in connection with the exercise of their rights under this Section only if such exercise occurs while an Event of Default exists. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.8.
Use of Proceeds; Letters of Credit.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower will use the proceeds of the Loans only (i) on the Effective Date, to refinance existing Indebtedness of the Borrower and its
Subsidiaries and to pay fees and expenses relating to this Agreement and such refinancings and (ii) thereafter for the general working
capital and other general corporate purposes of the Borrower and its Subsidiaries, including without limitation,&nbsp;to finance acquisitions
otherwise not prohibited under this Agreement,&nbsp;to finance capital expenditures and the repayment of Indebtedness of the Borrower
and its Subsidiaries and for short-term bridge advances and the payment of fees and expenses related to this Agreement. The Borrower shall
only use Letters of Credit for the same purposes for which it may use the proceeds of Loans. The Borrower shall not, and shall not permit
any other Loan Party or any other Subsidiary to, use any part of such proceeds to purchase or carry, or to reduce or retire or refinance
any credit incurred to purchase or carry, any margin stock (within the meaning of Regulation&nbsp;U or Regulation&nbsp;X of the Board
of Governors of the Federal Reserve System) or to extend credit to others for the purpose of purchasing or carrying any such margin stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower will not request any Loan or Letter of Credit, and the Borrower shall not use, and shall ensure that its Subsidiaries and
its or their respective directors, officers, employees and agents shall not use, the proceeds of any Loan or Letter of Credit,
directly or to Borrower&#8217;s knowledge indirectly, (i) 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 violation of any Anti-Corruption Laws or Anti-Money
Laundering Laws, (ii) for the purpose of funding, financing or facilitating any activities, business or transaction of or with any
Sanctioned Person, or in any Sanctioned Country, or (iii) in any manner that would result in the violation of any Sanctions
applicable to any party hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.9.
Environmental Matters.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, and shall cause each other Loan Party and each other Subsidiary to, comply with all Environmental Laws, the failure with which
to comply could reasonably be expected to have a Material Adverse Effect. If the Parent, the Borrower, or any other Subsidiary shall (a)&nbsp;receive
written notice that any violation of any Environmental Law may have been committed by such Person, (b)&nbsp;receive written notice that
any administrative or judicial complaint or order has been filed or is about to be filed against the Parent, the Borrower or any other
Subsidiary alleging violations of any Environmental Law or requiring any such Person to take any action in connection with the release
of Hazardous Materials or (c)&nbsp;receive any written notice from a Governmental Authority or private party alleging that any such Person
may be liable or responsible for costs associated with a response to or cleanup of a release of Hazardous Materials or any damages caused
thereby, and the matters referred to in such notices, individually or in the aggregate, could reasonably be expected to have a Material
Adverse Effect, the Borrower shall provide the Administrative Agent with a copy of such notice promptly, and in any event within 10 Business
Days, after the receipt thereof. The Parent and the Borrower shall, and shall cause each other Loan Party and each other Subsidiary to,
promptly take all actions necessary to prevent the imposition of any material Liens on any of their respective properties arising out
of or related to any Environmental Laws (other than a Lien (i) which is being contested in good faith by appropriate proceedings which
operate to suspend the enforcement thereof and for which adequate reserves have been established on the books of the Parent, the Borrower
or such Subsidiary, as applicable, in accordance with GAAP, (ii) which has been bonded-off in a manner reasonably acceptable to the Administrative
Agent, (iii)&nbsp;consisting of restrictions on the use of real property, which restrictions do not materially detract from the value
of such property or impair the intended use thereof in the business of the Parent, the Borrower and its other Subsidiaries or (iv) which
could not reasonably be expected to have a Material Adverse Effect). Nothing in this Section shall impose any obligation or liability
whatsoever on the Administrative Agent or any Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.10.
Books and Records.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, and shall cause each Subsidiary to, maintain books and records pertaining to its respective business operations in such detail,
form and scope as is consistent with good business practice and in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.11.
Further Assurances.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, at their cost and expense and upon request of the Administrative Agent, execute and deliver or cause to be executed and delivered,
to the Administrative Agent such further instruments, documents and certificates consistent with the existing terms and conditions of
the Loan Documents, and do and cause to be done such further acts that may be reasonably necessary or advisable in the reasonable opinion
of the Administrative Agent to carry out more effectively the provisions and purposes of this Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.12.
REIT Status.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent shall at all times
maintain its status as a REIT and election to be treated as a REIT under the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.13.
Exchange Listing.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent shall maintain
at least one class of common Equity Interest of the Parent having trading privileges on the New York Stock Exchange or the American Stock
Exchange or which is subject to price quotations on the over&#45;the&#45;counter market as reported by the National Association of Securities
Dealers Automated Quotation System.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.14.
Additional Guarantors.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to the Investment Grade Rating Date and within 30 days of any Person becoming a Material Subsidiary or an Accommodation Subsidiary after
the Effective Date, the Borrower shall deliver to the Administrative Agent each of the following items, each in form and substance satisfactory
to the Administrative Agent: (i)&nbsp;an Accession Agreement executed by such Subsidiary and (ii)&nbsp;the items with respect to such
Subsidiary that would have been delivered under Sections&nbsp;6.1.(a)(iv) through (viii), 6.1.(e) and 6.1.(f) if such Subsidiary had been
a Guarantor on the Effective Date; <U>provided</U>, <U>however</U>, promptly (and in any event within 30 days) upon any Excluded Subsidiary
that is a Material Subsidiary ceasing to be subject to the restriction which prevented it from delivering an Accession Agreement pursuant
to this Section, such Subsidiary shall comply with the provisions of this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
and at all times after the Investment Grade Rating Date, the Borrower shall cause any Subsidiary that is not already a Guarantor and to
which any of the following conditions applies to become a Guarantor by delivering to the Administrative Agent each of the following items,
each in form and substance satisfactory to the Administrative Agent: (i)&nbsp;an Accession Agreement executed by such Subsidiary and (ii)&nbsp;the
items with respect to such Subsidiary that would have been delivered under Sections&nbsp;6.1.(a)(iv) through (viii), 6.1.(e) and 6.1.(f)
if such Subsidiary had been a Guarantor on the Effective Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">such Subsidiary Guarantees, or otherwise becomes obligated in respect of, any Indebtedness of the Parent,
the Borrower or any other Subsidiary of the Parent or the Borrower; or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">(A) such Subsidiary owns an Unencumbered Property (including, for the avoidance of doubt, any Accommodation
Subsidiary) and (B) such Subsidiary, or any other Subsidiary that directly or indirectly owns any Equity Interests in such Subsidiary,
has incurred, acquired or suffered to exist any Indebtedness.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower may, at its option, cause any Subsidiary that is not already a Guarantor to become a Guarantor by delivering to the Administrative
Agent (i)&nbsp;an Accession Agreement executed by such Subsidiary and (ii)&nbsp;the items with respect to such Subsidiary that would have
been delivered under Sections&nbsp;6.1.(a)(iv) through (viii), 6.1.(e) and 6.1.(f) if such Subsidiary had been a Guarantor on the Effective
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.15.
Release of Guarantors.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower may request
in writing that the Administrative Agent release, and upon receipt of such request the Administrative Agent shall release (subject
to the terms of the Guaranty), a Guarantor (other than the Parent) from the Guaranty so long as: (i)&nbsp;either (A) the Investment
Grade Rating Date has occurred or (B) prior to an Investment Grade Rating Date, such Guarantor has ceased to be, or simultaneously
with its release from the Guaranty will cease to be, a Material Subsidiary; (ii)&nbsp;such Guarantor is not otherwise required to be
a party to the Guaranty under: (A) prior to the Investment Grade Rating Date, Section&nbsp;8.14.(a) or (B) on or after the
Investment Grade Rating Date, Section 8.14.(b); (iii)&nbsp;no Default or Event of Default shall then be in existence or would occur
as a result of such release, including without limitation, a Default or Event of Default resulting from a violation of any of the
covenants contained in Section&nbsp;10.1.; (iv)&nbsp;the representations and warranties made or deemed made by the Borrower and each
other Loan Party in the Loan Documents to which any of them is a party, shall be true and correct on and as of the date of such
release with the same force and effect as if made on and as of such date except to the extent that such representations and
warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have been true and
accurate on and as of such earlier date) and except for changes in factual circumstances not prohibited under the Loan Documents;
and (v)&nbsp;the Administrative Agent shall have received such written request at least 10 Business Days (or such shorter period as
may be acceptable to the Administrative Agent) prior to the requested date of release. Delivery by the Borrower to the
Administrative Agent of any such request shall constitute a representation by the Borrower that the matters set forth in the
preceding sentence (both as of the date of the giving of such request and as of the date of the effectiveness of such request) are
true and correct with respect to such request. The Administrative Agent agrees to furnish to the Borrower, at the Borrower&#8217;s
request and at the Borrower&#8217;s sole cost and expense, any release, termination, or other agreement or document evidencing the
foregoing release as may be reasonably requested by the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.16.
Compliance with Anti-Corruption Laws; Beneficial Ownership Regulation, Anti-Money Laundering Laws and Sanctions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
will (a) maintain in effect and enforce policies and procedures reasonably designed to promote and achieve compliance by the Parent,
the Borrower, their respective Subsidiaries and their respective directors, officers, employees and agents with applicable Anti-Corruption
Laws, Anti-Money Laundering Laws and Sanctions, (b) notify the Administrative Agent and each Lender that previously received a Beneficial
Ownership Certification, if any, of any change in the information provided in the Beneficial Ownership Certification that would result
in a change to the list of beneficial owners identified therein and (c) promptly upon the reasonable request of the Administrative Agent
or any Lender, provide the Administrative Agent or such Lender, as the case may be, any information or documentation requested by it
for purposes of complying with the Beneficial Ownership Regulation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.17.
Additional Collateral / Release of Collateral.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If,
after the First Amendment Date and prior to the Security Release Date, the Parent, the Borrower or any of their Subsidiaries acquires
any Collateral, then, within thirty (30) days (or such later date as the Administrative Agent may agree) following the acquisition thereof,
the Borrower or the applicable Subsidiary shall take such actions as shall be reasonably required to grant to the Administrative Agent
for the benefit of the Lender Parties a first priority Lien in such Collateral including, (i) if the owner thereof is not a party to
the Pledge Agreement and or the Intercreditor Agreement, delivering a supplement to the Pledge Agreement and/or the Intercreditor Agreement
duly executed by such Person and a UCC financing statement with respect to such Person and (ii) taking such actions as may be required
pursuant to the Pledge Agreement including delivery of (x) any certificates evidencing the Equity Interest of any applicable Issuer,
if any, together with stock powers with respect thereto and (y) any UCC financing statement amendment as may be necessary with respect
to such additional Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower may request in writing that the Administrative Agent release, and promptly upon receipt of such request the Administrative Agent
shall release, its Lien in the Collateral if (i) the Security Release Date shall have occurred or (ii) any asset secured by a Lien is
sold (or effective simultaneously with such release, shall be sold) so long as: (A) such sale is permitted by the terms hereof and, if
applicable, the Borrower has complied (or, upon receipt of the proceeds of such sale) will comply with the terms of Section 2.8; (B)
such assets are no longer required to be pledged as Collateral under the terms hereof; (C) no Default or Event of Default shall then
be in existence or would occur as a result of such release, including without limitation and, to the extent then applicable, a Default
or Event of Default resulting from a violation of any of the covenants contained in Section 10.1 after the Covenant Relief Period; and
(D) the Administrative Agent shall have received such written request at least five (5) Business Days (or such shorter period as may
be acceptable to the Administrative Agent in its sole discretion) prior to the requested date of release. Delivery by the Borrower to
the Administrative Agent of any such request shall constitute a representation by the Borrower that the matters set forth in the preceding
sentence (both as of the date of the giving of such request and as of the date of the effectiveness of such request) are true and correct
with respect to such request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.18.
Article 8 Securities.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding any other
provision contained in this Agreement or any other Loan Document, the Parent and the Borrower hereby covenant and agree with the Administrative
Agent and the Lenders that from and after the date of this Agreement until the earlier of (a) the date this Agreement shall terminate
in accordance with Section 13.10 or (b) the Security Release Date: (i) it will take no action (nor permit any Subsidiary to take any
action) of any nature whatsoever for any of the Equity Interests in any Issuer to be treated as &#8220;securities&#8221; within the meaning
of, or governed by, Article 8 of the UCC; (ii) it will take no action (nor permit any Subsidiary to take any action) of any nature whatsoever
to enter into, acknowledge or agree to a securities control agreement with respect to the Equity Interests of Issuer; and (iii) it will
not (nor permit any Subsidiary to) consent to or permit the filing of financing statements with respect to Equity Interests in any Issuer
except for financing statements filed by the Administrative Agent pursuant to the Pledge Agreement and U.S. Bank National Association
pursuant to the Pledge Agreement (as defined in the Existing Term Loan Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article IX. Information</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For so long as this Agreement
is in effect, unless the appropriate Lenders shall otherwise consent in the manner set forth in Section&nbsp;13.6., the Borrower shall
furnish to the Administrative Agent for distribution to each of the Lenders:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.1.
Quarterly Financial Statements.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">As soon as available and
in any event within 5 days after the same is required to be filed with the Securities and Exchange Commission (but in no event later
than 45 days after the end of each of the first, second and third fiscal quarters of the Parent) commencing with the fiscal quarter ending
June 30, 2019, the unaudited consolidated balance sheet of the Parent and its Subsidiaries as at the end of such period and the related
unaudited consolidated statements of income and cash flows of the Parent and its Subsidiaries for such period, setting forth in each
case in comparative form the figures as of the end of and for the corresponding periods of the previous fiscal year, all of which shall
be certified by the chief financial officer or chief accounting officer of the Parent, in his or her opinion, to present fairly, in accordance
with GAAP and in all material respects, the consolidated financial position of the Parent and its Subsidiaries as at the date thereof
and the results of operations for such period (subject to normal year&#45;end audit adjustments); provided, however, the Parent shall
not be required to deliver an item required under this Section if such item is contained in a Form 10-Q filed by the Parent with the
Securities and Exchange Commission (or any Governmental Authority substituted therefore) and is publicly available to the Administrative
Agent and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.2.
Year&#45;End Statements.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">As soon as available and
in any event within 5 days after the same is required to be filed with the Securities and Exchange Commission (but in no event later
than 120 days after the end of each fiscal year of the Parent), the audited consolidated balance sheet of the Parent and its Subsidiaries
as at the end of such fiscal year and the related audited consolidated statements of income, shareholders&#8217; equity and cash flows
of the Parent and its Subsidiaries for such fiscal year, setting forth in comparative form the figures as at the end of and for the previous
fiscal year, all of which shall be (a)&nbsp;certified by the chief financial officer or chief accounting officer of the Parent, in his
or her opinion, to present fairly, in accordance with GAAP and in all material respects, the consolidated financial position of the Parent,
the Borrower and its other Subsidiaries as at the date thereof and the results of operations for such period and (b)&nbsp;accompanied
by the report thereon of an Approved Accounting Firm, whose certificate shall be unqualified and in scope and substance reasonably satisfactory
to the Administrative Agent and who shall have authorized the Borrower to deliver such financial statements and certification thereof
to the Administrative Agent and the Lenders pursuant to this Agreement; provided, however, the Parent shall not be required to deliver
an item required under this Section if such item is contained in a Form 10-K filed by the Parent with the Securities and Exchange Commission
(or any Governmental Authority substituted therefore) and is publicly available to the Administrative Agent and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.3.
Compliance Certificate.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">At the time financial statements
are furnished pursuant to Sections&nbsp;9.1. and 9.2., and if the Requisite Lenders reasonably believe that an Event of Default specified
in any of Sections 11.1.(a), 11.1.(b), 11.1.(c)(1) resulting from noncompliance with Section&nbsp;10.1., and 11.1.(f) or a Default specified
in Section 11.1.(g) may occur, then within 10 days of the Administrative Agent&#8217;s request with respect to any other fiscal period,
a certificate substantially in the form of Exhibit&nbsp;K (a &#8220;Compliance Certificate&#8221;) executed by the chief financial officer
or chief accounting officer of the Parent, among other things, (a)&nbsp;setting forth in reasonable detail as of the end of such quarterly
accounting period, fiscal year, or other fiscal period, as the case may be, the calculations required to establish whether the Borrower
was in compliance with the covenants contained in Sections&nbsp;10.1. and 10.2.; and (b)&nbsp;stating that, to the best of his or her
knowledge, information and belief after due inquiry, no Default, Event of Default or breach of any covenant under this Agreement exists,
or, if such is not the case, specifying such Default or Event of Default and its nature, when it occurred, whether it is continuing and
the steps being taken by the Borrower with respect to such event, condition or failure. Together with the delivery of each Compliance
Certificate, the Borrower shall deliver (A)&nbsp;a list of all Persons that have become a Material Subsidiary or a Significant Subsidiary
since the date of the Compliance Certificate most recently delivered by the Borrower hereunder and (B) a report of newly acquired Properties,
including each such property&#8217;s name, address, number of keys, Net Operating Income for the period of four consecutive fiscal quarters
most recently ending, the purchase price, and the principal amount of the mortgage debt as of the date of such Compliance Certificate,
if any, since the date of the Compliance Certificate most recently delivered by the Borrower hereunder. During the Covenant Relief Period,
the Parent and Borrower shall continue to provide the calculations set forth in the Compliance Certificate (but not certification as
to the compliance therewith). Additionally, concurrently with the Compliance Certificates required during the Ratio Adjustment Period
(or any other period after the Covenant Relief Period during which certain covenants are annualized), the Borrower and the Parent shall
provide Administrative Agent (for informational purposes only) its calculation of the financial tests set forth in Section 10.1 based
on a trailing-twelve month calculation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">During the Covenant Relief
Period, the Borrower and the Parent shall also deliver a supplemental compliance certificate within ten (10) days following the end of
each calendar month certifying as to the calculation of and compliance with the Average Daily Liquidity covenant set forth in Section
10.1.(g).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.4.
Other Information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Management
Reports</U>. Promptly upon receipt thereof, copies of all reports, if any, submitted to the Parent or its Board of Directors by its independent
public accountants, including without limitation, any management report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Securities
Filings</U>. Within 5&nbsp;Business Days of the filing thereof, copies of all registration statements (excluding the exhibits thereto
(unless reasonably requested by the Administrative Agent) and any registration statements on Form S&#45;8 or its equivalent), reports
on Forms 10&#45;K, 10&#45;Q and 8&#45;K (or their equivalents) and all other periodic reports which the Parent, the Borrower, any other
Loan Party or any other Subsidiary shall file with the Securities and Exchange Commission (or any Governmental Authority substituted
therefor) or any national securities exchange. The materials described in this subsection shall be deemed to have been delivered to each
Lender if same are contained in a filing by the Parent with the SEC and is publicly available to the Administrative Agent and the Lenders,
or if same are otherwise available on Parent&#8217;s website without charge;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Shareholder
Information</U>. Promptly upon the mailing thereof to the shareholders of the Parent generally, copies of all financial statements, reports
and proxy statements so mailed. The materials described in this subsection shall be deemed to have been delivered to each Lender if same
are contained in a filing by the Parent with the Securities and Exchange Commission (or any Governmental Authority substituted therefor)
and is publicly available to the Administrative Agent and the Lenders, or if same are otherwise available on Parent&#8217;s website;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Partnership Information</U>. To the extent not delivered in connection with clause (c) above, promptly upon the mailing thereof
to the partners of the Borrower generally, copies of all financial statements, reports and proxy statements so mailed;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>[reserved]</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Litigation</U>.
To the extent the Parent, the Borrower, any other Loan Party or any other Subsidiary is aware of the same, prompt notice of the commencement
of any proceeding or investigation by or before any Governmental Authority and any action or proceeding in any court or other tribunal
or before any arbitrator against or in any other way relating adversely to, or adversely affecting, such Person or any of its respective
properties, assets or businesses which could reasonably be expected to have a Material Adverse Effect, and prompt notice of the receipt
of notice that any United States income tax returns of the Parent, the Borrower, any other Loan Party or any other Subsidiary are being
audited;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Change of Management or Financial Condition</U>. Prompt notice of any change in the senior management of the Parent or the
Borrower and any change in the business, assets, liabilities, financial condition or results of operations of the Parent, the Borrower,
any other Loan Party or any other Subsidiary which has had, or could reasonably be expected to have, a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Default</U>. Notice of the occurrence of any of the following promptly upon a Responsible Officer of the Parent obtaining knowledge
thereof: (i) any Default or Event of Default, (ii) any event which with the passage of time, the giving of notice, or otherwise, would
permit any party to a Material Contract to terminate such Material Contract, (iii) any event which constitutes or which with the passage
of time, the giving of notice, or otherwise, would constitute a default or event of default by the Parent, the Borrower, any other Loan
Party or any other Subsidiary under the Existing Term Loan Agreement or (iv) any material amendment to the Existing Term Loan Agreement
or the terms of the Existing Term Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Judgments.
Prompt notice of any order, judgment or decree in excess of $7,500,000 having been entered against the Parent, the Borrower, any other
Loan Party or any other Subsidiary or any of their respective properties or assets;</FONT></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Notice of Violation of Law</U>. Prompt notice if the Parent, the Borrower or any other Subsidiary shall receive any notification
from any Governmental Authority alleging a violation of any Applicable Law or any inquiry which, in either case, could reasonably be
expected to have a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(k)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Material Contracts</U>. Promptly upon entering into any Material Contract after the Agreement Date (other than a Material Contract
evidencing Indebtedness), a copy to the Administrative Agent of such Material Contract unless such Material Contract is otherwise publicly
available to the Administrative Agent in a Form 10&#45;K, 10&#45;Q and/or 8&#45;K (or their equivalents) or any other periodic report
which the Parent, the Borrower, or any other Subsidiary files with the Securities and Exchange Commission; provided, that the Borrower
shall not be required to deliver to the Administrative Agent a copy of any Material Contract that contains a confidentiality provision
prohibiting such disclosure; provided further that the Borrower shall use its commercially reasonable efforts to obtain the other party&#8217;s
consent to disclose such Material Contract to the Administrative Agent and the Lenders;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(l)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>ERISA</U>.
If any ERISA Event shall occur that individually, or together with any other ERISA Event that has occurred, could reasonably be expected
to <FONT>result in liability to any member of the ERISA Group aggregating in excess of $10,000,000</FONT>, a certificate
of the chief executive officer or chief financial officer of the Parent setting forth details as to such occurrence and the action, if
any, which the Parent or applicable member of the ERISA Group is required or proposes to take;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Material/Significant Subsidiary</U>. Prompt notice of any Person becoming a Material Subsidiary or a Significant Subsidiary or, after
the First Amendment Date and prior to the Security Release Date, an Issuer;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(n)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Material
Asset Sales</U>. Prompt notice of the sale, transfer or other disposition of any assets having an undepreciated book value of at least
$45,000,000 of the Parent, the Borrower, any Subsidiary or any other Loan Party to any Person other than the Parent, the Borrower, any
Subsidiary or any other Loan Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(o)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Ownership
Share of Subsidiaries and Unconsolidated Affiliates</U>. Promptly upon the request of the Administrative Agent, evidence of the Parent&#8217;s
calculation of the Ownership Share with respect to a Subsidiary or an Unconsolidated Affiliate, such evidence to be in form and detail
satisfactory to the Administrative Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Projections and Budgets</U>. Within ninety (90) days after the end of each calendar year ending prior to the Termination Date, a schedule
summarizing the gross operating revenues, gross operating expenses, Net Operating Income, FF&amp;E Reserves and Adjusted NOI, along with
the average daily rate, occupancy levels and revenue per available room on an individual basis for each Unencumbered Property;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(q)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>PATRIOT
Act Information</U>. Promptly upon the request thereof, such other information and documentation required under applicable &#8220;know
your customer&#8221; rules and regulations, the PATRIOT Act or any applicable Anti-Money Laundering Laws, in each case as from time to
time reasonably requested by the Administrative Agent or any Lender; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(r)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Information</U>. From time to time and promptly upon each request, such data, certificates, reports, statements, opinions of counsel,
documents or further information regarding any Property or the business, assets, liabilities, financial condition, results of operations
or business prospects of the Parent, the Borrower, any other Loan Party or any other Subsidiary as the Administrative Agent or any Lender
may reasonably request (subject to limitations imposed under confidentiality requirements and agreements to which the Parent, Borrower
or a Subsidiary is subject).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.5.
Electronic Delivery of Certain Information.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Documents
required to be delivered pursuant to the Loan Documents shall be delivered by electronic communication and delivery, including, the Internet,
e-mail or intranet websites to which the Administrative Agent and each Lender have access (including a commercial, third-party website
or a website sponsored or hosted by the Administrative Agent or the Borrower) provided that the foregoing shall not apply to (i)&nbsp;notices
to any Lender (or any Issuing Bank) pursuant to Article II. and (ii) any Lender that has notified the Administrative Agent and the Borrower
that it cannot or does not want to receive electronic communications. The Administrative Agent or the Borrower may, in its discretion,
agree to accept notices and other communications to it hereunder by electronic delivery pursuant to procedures approved by it for all
or particular notices or communications. Documents or notices delivered electronically shall be deemed to have been delivered twenty-four
(24) hours after the date and time on which the Administrative Agent or the Borrower posts such documents or the documents become available
on a commercial website and the Administrative Agent or Borrower notifies each Lender of said posting and provides a link thereto provided
if such notice or other communication is not sent or posted during the normal business hours of the recipient, said posting date and
time shall be deemed to have commenced as of 9:00 a.m. Pacific time on the opening of business on the next business day for the recipient.
The Administrative Agent shall have no obligation to request the delivery of or to maintain paper copies of the documents delivered electronically,
and in any event shall have no responsibility to monitor compliance by the Borrower with any such request for delivery. Each Lender shall
be solely responsible for requesting delivery to it of paper copies and maintaining its paper or electronic documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Documents
required to be delivered pursuant to Article II. may be delivered electronically to a website provided for such purpose by the Administrative
Agent pursuant to the procedures provided to the Borrower by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.6.
Public/Private Information.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall cooperate
with the Administrative Agent in connection with the publication of certain materials and/or information provided by or on behalf of
the Borrower. Documents required to be delivered pursuant to the Loan Documents shall be delivered by or on behalf of the Borrower to
the Administrative Agent and the Lenders (collectively, &#8220;Information Materials&#8221;) pursuant to this Article and the Borrower
shall designate Information Materials (a) that are either available to the public or not material with respect to the Borrower and its
Subsidiaries or any of their respective securities for purposes of United States federal and state securities laws, as &#8220;Public
Information&#8221; and (b) that are not Public Information as &#8220;Private Information&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.7.
USA Patriot Act Notice; Compliance.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent
and each Lender hereby notifies the Borrower that pursuant to the requirements of the PATRIOT Act, the Beneficial Ownership Regulation
or any other Anti-Money Laundering Laws, each of them is required to obtain, verify and record information that identifies each Loan
Party, which information includes the name and address of each Loan Party and other information that will allow such Lender to identify
each Loan Party in accordance with the PATRIOT Act, the Beneficial Ownership Regulation or such Anti-Money Laundering Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center"></P>

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<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article X. Negative Covenants</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For so long as this Agreement
is in effect, unless the appropriate Lenders shall otherwise consent in the manner set forth in Section&nbsp;13.6., the Parent and the
Borrower shall comply with the following covenants in accordance with their respective terms:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.1.
Financial Covenants.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Maximum Leverage Ratio</U>. The Parent and the Borrower shall not permit the Leverage Ratio to exceed 60.0% at any time; <U>provided</U>,
<U>however</U>, that (I) notwithstanding the foregoing if the Covenant Relief Period ends pursuant to clause (ii) of the definition thereof,
during the Ratio Adjustment Period, the Leverage Ratio may exceed 60.0% but shall not exceed 65.0% at any time and (II) after the Ratio
Adjustment Period, the Borrower shall have the option, exercisable two times, upon written notice from the Borrower to the Administrative
Agent that the Borrower is exercising such option, to elect that the Leverage Ratio may exceed 60.0% for a period not to exceed two (2)
full fiscal quarters, such period to commence on the date set forth in such notice (such period, the &#8220;Leverage Ratio Surge Period&#8221;),
so long as (i)&nbsp;the Borrower has delivered a written notice to the Administrative Agent that the Borrower is exercising its option
under this subsection&nbsp;(a), (ii)&nbsp;the Leverage Ratio does not exceed 65.0% at any time during the Leverage Ratio Surge Period
and (iii) a Leverage Surge Period was not in effect for the fiscal quarter immediately preceding the Borrower&#8217;s election. The Borrower
shall have the option to exercise both a Leverage Ratio Surge Period and an Unencumbered Leverage Surge Period in the same notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Minimum Fixed Charge Coverage Ratio</U>. The Parent and the Borrower shall not at any time permit the ratio of (i)&nbsp;Adjusted EBITDA
of the Parent and its Subsidiaries for the period of twelve consecutive fiscal months most recently ending to (ii)&nbsp;Fixed Charges
for such period, to be less than 1.50 to 1.00<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>;
provided, however, that, notwithstanding the foregoing, if the Covenant Relief Period ends pursuant to clause (ii) of the definition
thereof, during the first three quarters ending during Ratio Adjustment Period, the ratio set forth in this Section 10.1.(b) may be less
than 1.50 to 1.00 but shall not be less than (I) 1.00 to 1.00 for the first period ending during the Ratio Adjustment Period, (II) 1.20
to 1.00 for the second period ending during the Ratio Adjustment Period, and (III) 1.40 to 1.00 for the third period ending during the
Ratio Adjustment Period, in each case, to the extent applicable</U></FONT>. Notwithstanding the foregoing, Adjusted EBITDA and Fixed
Charges shall be calculated for any date of determination during any period (A) during the First Post Covenant Relief Period, by multiplying
(x) the Adjusted EBITDA and Fixed Charges for (1) if calculating prior to the last day of the First Post Covenant Relief Period, the
fiscal quarter ended immediately prior to the commencement of the First Post Covenant Relief Period or (2) if calculating on the last
day of the First Post Covenant Relief Period, the fiscal quarter period ending on such date by (y) 4 <FONT STYLE="color: red"><STRIKE>(provided
that, solely with respect to clause (1), if the fiscal quarter ended to be annualized is March 31, 2022, such fiscal quarter shall be
multiplied by 6 in determining Adjusted EBITDA and Fixed Charges pursuant to this clause (A))</STRIKE></FONT>, (B) during the Second
Post Covenant Relief Period, by multiplying (x) the Adjusted EBITDA and Fixed Charges for (1) if calculating prior to the last day of
the Second Post Covenant Relief Period, the two fiscal quarters ending immediately prior to the commencement of the Second Post Covenant
Relief Period or (2) if calculating on the last day of the Second Post Covenant Relief Period, the fiscal quarter ending on such date
and the immediately preceding fiscal quarter by (y) 2, and (C) during the Third Post Covenant Relief Period, by multiplying (x) the Adjusted
EBITDA and Fixed Charges for (1) if calculating prior to the last day of the Third Post Covenant Relief Period, the three fiscal quarters
ending immediately prior to the commencement of the Third Post Covenant Relief Period or (2) if calculating on the last day of the Third
Post Covenant Relief Period, the fiscal quarter ending on such date and the immediately prior two fiscal quarters by (y) 4/3.</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Secured Indebtedness</U>. The Parent and the Borrower shall not permit the aggregate amount of Secured Indebtedness of the
Parent and its Subsidiaries determined on a consolidated basis to exceed 45% of Total Asset Value at any time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Adjusted
Total Asset Value</U>. Prior to the Investment Grade Rating Date, the Parent and the Borrower shall not permit the amount of Adjusted
Total Asset Value attributable to assets directly owned by the Borrower and the Guarantors to be less than 90.0% of Adjusted Total Asset
Value at any time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Unencumbered
Leverage Ratio</U>. The Parent and the Borrower shall not permit the Unencumbered Leverage Ratio to exceed 60.0% at any time; <U>provided</U>,
<U>however</U>, that (I) notwithstanding the foregoing if the Covenant Relief Period ends pursuant to clause (ii) of the definition thereof,
during the Ratio Adjustment Period, the Unencumbered Leverage Ratio may exceed 60.0% but shall not exceed 65.0% at any time and (II)
after the Ratio Adjustment Period, the Borrower shall have the option, exercisable two times, upon written notice from the Borrower to
the Administrative Agent that the Borrower is exercising such option, to elect that the Unencumbered Leverage Ratio may exceed 60.0%
for a period not to exceed two (2) full fiscal quarters, such period to commence on the date set forth in such notice (such period, the
 &#8220;Unencumbered Leverage Ratio Surge Period&#8221;), so long as (i)&nbsp;the Borrower has delivered a written notice to the Administrative
Agent that the Borrower is exercising its option under this subsection&nbsp;(a), (ii)&nbsp;the Unencumbered Leverage Ratio does not exceed
65.0% at any time during the Unencumbered Leverage Ratio Surge Period, (iii) the Borrower completed a Material Acquisition which resulted
in such ratio (after giving effect to such Material Acquisition) exceeding 60% at any time during the fiscal quarter in which such Material
Acquisition took place, and (iv) an Unencumbered Leverage Surge Period was not in effect for the fiscal quarter immediately preceding
the Borrower&#8217;s election. The Borrower shall have the option to exercise both an Unencumbered Leverage Ratio Surge Period and a
Leverage Ratio Surge Period in the same notice.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Unencumbered
Implied Debt Service Coverage Ratio</U>. The Parent and the Borrower shall not at any time permit the ratio of (i)&nbsp;Adjusted NOI
for Unencumbered Properties for the period of twelve consecutive fiscal months most recently ending to (ii)&nbsp;Implied Debt Service
for the aggregate principal balance of all Indebtedness (excluding Nonrecourse Indebtedness and Indebtedness to the extent owing among
the Parent and/or any of its Subsidiaries but including Secured Recourse Indebtedness, the aggregate principal amount of all Loans and
the aggregate amount of all Letter of Credit Liabilities and the Existing Term Loans) of the Parent and the Ownership share of all such
Indebtedness of its Subsidiaries for such period, to be less than 1.20 to 1.00; <U>provided</U>, <U>however</U>, that, notwithstanding
the foregoing, if the Covenant Relief Period ends pursuant to clause (ii) of the definition thereof, during the Ratio Adjustment Period,
the ratio set forth in this Section 10.1.(f) may be less than 1.20 to 1.00 but shall not be less than 1.00 to 1.00. Notwithstanding the
foregoing, Adjusted NOI for Unencumbered Properties shall be calculated for any date of determination during any period (A) during the
First Post Covenant Relief Period, by multiplying (x) Adjusted NOI for (1) if calculating prior to the last day of the First Post Covenant
Relief Period, the fiscal quarter ended immediately prior to the commencement of the First Post Covenant Relief Period or (2) if calculating
on the last day of the First Post Covenant Relief Period, the fiscal quarter period ending on such date by (y) 4 <FONT STYLE="color: red"><STRIKE>(provided
that, solely with respect to clause (1), if the fiscal quarter ended to be annualized is March 31, 2022, such fiscal quarter shall be
multiplied by 6 in determining Adjusted NOI pursuant to this clause (A))</STRIKE></FONT>, (B) during the Second Post Covenant Relief
Period, by multiplying (x) Adjusted NOI for (1) if calculating prior to the last day of the Second Post Covenant Relief Period, the two
fiscal quarters ending immediately prior to the commencement of the Second Post Covenant Relief Period or (2) if calculating on the last
day of the Second Post Covenant Relief Period, the fiscal quarter ending on such date and the immediately preceding fiscal quarter by
(y) 2, and (C) during the Third Post Covenant Relief Period, by multiplying (x) Adjusted NOI for (1) if calculating prior to the last
day of the Third Post Covenant Relief Period, the three fiscal quarters ending immediately prior to the commencement of the Third Post
Covenant Relief Period or (2) if calculating on the last day of the Third Post Covenant Relief Period, the fiscal quarter ending on such
date and the immediately preceding two fiscal quarters by (y) 4/3.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Liquidity</U>.
At all times during the Covenant Relief Period and the Ratio Adjustment Period, the Borrower and its Subsidiaries shall maintain an Average
Daily Liquidity of not less than $125,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding the foregoing or Section&nbsp;11.1.(c)(i),
(x) after the Security Release Date, the Parent and the Borrower shall not be required to comply with the financial covenants contained
in Section 10.1.(a), Section 10.1.(b), Section 10.1.(c) or Section 10.1.(d) during any fiscal quarter in which no Loans and no Letters
of Credit Liabilities are outstanding; provided, that the Borrower must be in compliance with such financial covenants as a condition
to the making of a Loan or the issuance of a Letter of Credit as provided in Section 6.2. and (y) during the Covenant Relief Period,
the Parent shall not be required to comply with the Financial Covenants described in clauses (a) &#8211; (f) and neither the Leverage
Ratio Surge Period nor the Unencumbered Leverage Ratio Surge Period shall be deemed to be utilized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.2.
Restricted Payments.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Subject to the following
sentence, if an Event of Default exists, the Parent shall not, and shall not permit any of its Subsidiaries to, declare or make any Restricted
Payments except that, subject to the following sentence, (x) the Borrower may declare and make cash distributions to the Parent and other
holders of partnership interests in the Borrower, and the Parent may declare and make cash distributions to its shareholders, each, in
an aggregate amount not to exceed the minimum amount necessary for the Parent to remain in compliance with Section&nbsp;8.12. and (y)
Subsidiaries may pay Restricted Payments to the Parent, the Borrower or any other Subsidiary. If an Event of Default specified in Section&nbsp;11.1.(a),
Section&nbsp;11.1.(f) or Section&nbsp;11.1.(g) shall exist, or if as a result of the occurrence of any other Event of Default any of
the Obligations have been accelerated pursuant to Section&nbsp;11.2.(a), the Parent and the Borrower shall not, and shall not permit
any Subsidiary to, make any Restricted Payments to any Person except that Subsidiaries may pay Restricted Payments to the Parent, the
Borrower or any other Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;10.3. Indebtedness.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any Subsidiary to, incur, assume, or otherwise become obligated in respect of any Indebtedness after
the Agreement Date if immediately prior to the assumption, incurring or becoming obligated in respect thereof, or immediately thereafter
and after giving effect thereto, a Default or Event of Default is or would be in existence, including without limitation, an Event of
Default resulting from a violation of any of the covenants contained in Section&nbsp;10.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;10.4. Intentionally Omitted.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.5.
Investments Generally.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to, directly or indirectly, acquire, make or purchase any
Investment, or permit any Investment of such Person to be outstanding on and after the Agreement Date, other than the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments
in Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments
to acquire Equity Interests of a Subsidiary or any other Person who after giving effect to such acquisition would be a Subsidiary, so
long as in each case immediately prior to such Investment, and after giving effect thereto, no Default or Event of Default is or would
be in existence;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments
in Unconsolidated Affiliates and other Persons that are not Subsidiaries, Development/Redevelopment Properties, Unimproved Land and Mortgage
Receivables;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments
in Cash Equivalents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;intercompany
Indebtedness among (i) the Parent and the Borrower and (ii) the Borrower and its Wholly Owned Subsidiaries provided that such Indebtedness
is permitted by the terms of Section&nbsp;10.3.;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guarantees
incurred by the Borrower or any Guarantor in respect of Unsecured Indebtedness of the Borrower, the Parent or any other Guarantor that
is otherwise permitted by Section&nbsp;10.3.;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;loans
and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business consistent
with past practices; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
other Investment as long as immediately prior to making such Investment, and immediately thereafter and after giving effect thereto,
no Default or Event of Default is or would be in existence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.6.
Negative Pledge.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, create, assume, or incur any
Lien (other than Permitted Liens, prior to a Frenchman&#8217;s Reef Property becoming an Unencumbered Property, claims of materialmen,
mechanics, carriers, or warehousemen for labor, materials, supplies incurred in the ordinary course of business which relate to claims
against such Frenchman&#8217;s Reef Property and Liens on assets of an Excluded Subsidiary securing the Indebtedness which causes such
Subsidiary to be an Excluded Subsidiary) upon any of its properties, assets, income or profits of any character whether now owned or
hereafter acquired if immediately prior to the creation, assumption or incurring of such Lien, or immediately thereafter, a Default or
Event of Default is or would be in existence. In addition to, and not in limitation of the foregoing, prior to the Security Release Date,
the Parent and the Borrower shall not, and shall not permit any other Loan Party to, create, assume or incur any Lien in the Collateral
or the Equity Interests of any Issuer whether or not Collateral other than tax liens which constitute Permitted Liens of the type described
in clause (a) of the definition thereof and Permitted Liens of the type described in clauses (e) and (l) of the definition thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary (other than an Excluded Subsidiary)
to, enter into, assume or otherwise be bound by any Negative Pledge except for a Negative Pledge contained in any agreement (i)(x)&nbsp;evidencing
Indebtedness which the Parent, the Borrower, such other Loan Party or such Subsidiary may create, incur, assume, or permit or suffer
to exist under Section&nbsp;10.3., (y)&nbsp;which Indebtedness is secured by a Lien permitted to exist, and (z)&nbsp;which prohibits
the creation of any other Lien on only the property securing such Indebtedness as of the date such agreement was entered into; (ii)&nbsp;consisting
of customary provisions in leases and other contracts restricting the assignment thereof; (iii) relating to the sale of a Subsidiary
or assets pending such sale, provided that in any such case the Negative Pledge applies only to the Subsidiary or the assets that are
the subject of such sale; or (iv) that evidences Unsecured Indebtedness which contains restrictions on encumbering assets that are substantially
similar to, or less restrictive than, those restrictions contained in the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary (other than an Excluded Subsidiary)
to, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability
of any Subsidiary (other than an Excluded Subsidiary) to: (i)&nbsp;pay dividends or make any other distribution on any of such Subsidiary&#8217;s
capital stock or other equity interests owned by the Borrower or any Subsidiary; (ii)&nbsp;pay any Indebtedness owed to the Parent, the
Borrower or any other Subsidiary; (iii)&nbsp;make loans or advances to the Parent, the Borrower or any other Subsidiary; or (iv)&nbsp;transfer
any of its property or assets to the Parent, the Borrower or any other Subsidiary, except for any such encumbrances or restrictions,
(A)&nbsp;contained in agreements relating to the sale of a Subsidiary or assets pending such sale, or relating to Indebtedness secured
by a Lien on assets that the Borrower or such Subsidiary may create, incur, assume, or permit or suffer to exist under Sections 10.3.
and 10.6.(a), provided that in any such case the encumbrances and restrictions apply only to the Subsidiary or the assets that are the
subject of such sale or Lien, as the case may be, (B)&nbsp;set forth in the organizational documents or other agreements binding on or
applicable to any Excluded Subsidiary or any Subsidiary that is not a Wholly Owned Subsidiary (but only to the extent such encumbrance
or restriction covers any Equity Interest in such Subsidiary or the property or assets of such Subsidiary), (C)&nbsp;contained in an
agreement that governs an Investment in an Unconsolidated Affiliate (but only to the extent such encumbrance or restriction covers any
Equity Interest in such Unconsolidated Affiliate) or (D) in any other agreement (1) evidencing Unsecured Indebtedness that the Borrower,
any other Loan Party or any other Subsidiary may create, incur, assume or permit or suffer to exist under this Agreement and (2) containing
encumbrances and restrictions imposed in connection with such Unsecured Indebtedness that are either substantially similar to, or less
restrictive than, such encumbrances and restrictions set forth in the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.7.
Merger, Consolidation, Sales of Assets and Other Arrangements.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to: (i)&nbsp;enter into any transaction of merger or consolidation;
(ii)&nbsp;liquidate, windup or dissolve itself (or suffer any liquidation or dissolution); or (iii)&nbsp;convey, sell, lease, sublease,
transfer or otherwise dispose of, in one transaction or a series of transactions, all or any substantial part of its business or assets,
or the capital stock of or other Equity Interests in any of its Subsidiaries, whether now owned or hereafter acquired; provided, however,
that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
of the actions described in the immediately preceding clauses&nbsp;(i) through (iii) may be taken with respect to any Subsidiary so long
as (x)&nbsp;immediately prior to the taking of such action, and immediately thereafter and after giving effect thereto, no Default or
Event of Default is or would be in existence, and (y)&nbsp;if such action includes the sale of all Equity Interests in a Subsidiary that
is a Guarantor owned directly or indirectly by the Parent, such Subsidiary can and will be released from the Guaranty in accordance with
Section&nbsp;8.15;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Parent, the Borrower, the other Loan Parties and the other Subsidiaries may lease and sublease their respective assets, as lessor or
sublessor (as the case may be), in the ordinary course of their business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
Person may merge with a Loan Party so long as (i)&nbsp;the survivor of such merger is such Loan Party or becomes a Loan Party at the
time of such merger (provided, that the foregoing shall not be construed to allow the Parent or the Borrower to merge and not be the
surviving party to such merger without the prior written consent of the Administrative Agent and each Lender in accordance with Section
13.5.(a)), (ii)&nbsp;immediately prior to such merger, and immediately thereafter and after giving effect thereto, (x)&nbsp;no Default
or Event of Default is or would be in existence, including, without limitation, a Default or Event of Default resulting from a breach
of Section&nbsp;10.1. and (y)&nbsp;the representations and warranties made or deemed made by the Borrower and each other Loan Party in
the Loan Documents to which any of them is a party are and shall be true and correct in all material respects, except to the extent that
such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall
have been true and correct in all material respects on and as of such earlier date) and except for changes in factual circumstances not
prohibited under the Loan Documents, (iii)&nbsp;the Borrower shall have given the Administrative Agent at least 30-days&#8217; prior
written notice of such merger, such notice to include a certification as to the matters described in the immediately preceding clause&nbsp;(ii)
(except that such prior notice shall not be required in the case of the merger of a Subsidiary that does not own an Unencumbered Property
with and into a Loan Party but the Borrower shall give the Administrative Agent notice of any such merger promptly following the effectiveness
of such merger) <FONT STYLE="font-size: 10pt">and (iv)&nbsp;at the time the Borrower gives notice pursuant to clause&nbsp;(i) of this
subsection, the Borrower shall have delivered to the Administrative Agent for distribution to each of the Lenders a Compliance Certificate,
calculated on a pro forma basis, evidencing the continued compliance by the Loan Parties, as applicable, with the terms and conditions
of this Agreement and the other Loan Documents, including without limitation, the financial covenants contained in Section&nbsp;10.1.,
after giving effect to such consolidation, merger, acquisition, Investment, sale, lease or other transfer and any prepayment of Loans
to be made in connection therewith; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Parent, the Borrower and each other Subsidiary may sell, transfer or dispose of assets among themselves.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Further, no Loan Party nor
any Subsidiary, shall enter into any sale&#45;leaseback transactions or other transaction by which such Person shall remain liable as
lessee (or the economic equivalent thereof) of any real or personal property that it has sold or leased to another Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.8.
Fiscal Year.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent shall not change
its fiscal year from that in effect as of the Agreement Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.9.
Modifications of Material Contracts.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not enter into, and shall not permit any Subsidiary or other Loan Party to enter into, any amendment or modification to any Material
Contract which could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.10.
Modifications of Organizational Documents.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to, amend, supplement, restate or otherwise modify its certificate
or articles of incorporation or formation, by-laws, operating agreement, declaration of trust, partnership agreement or other applicable
organizational document if such amendment, supplement, restatement or other modification (a)&nbsp;is materially adverse to the interest
of the Administrative Agent, the Issuing Banks or the Lenders or (b)&nbsp;could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.11.
Transactions with Affiliates.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not permit to exist or enter into, and shall not permit any other Loan Party or any other Subsidiary to permit to exist or enter
into, any transaction (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate
(other than the Parent, the Borrower, any other Loan Party or any Wholly Owned Subsidiary), except transactions pursuant to the reasonable
requirements of the business of the Parent, the Borrower, such other Loan Party or such other Subsidiary and upon fair and reasonable
terms which are no less favorable to the Parent, the Borrower, such other Loan Party or such other Subsidiary, as applicable, than would
be obtained in a comparable arm&#8217;s length transaction with a Person that is not an Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.12.
ERISA Exemptions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be
deemed to be &#8220;plan assets&#8221; within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated
thereunder. The Parent and the Borrower shall not cause or permit to occur, and shall not permit any other member of the ERISA Group
to cause or permit to occur, any ERISA Event if such ERISA Event could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.13.
Environmental Matters.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party, any other Subsidiary or any other Person to, use, generate, discharge, emit, manufacture,
handle, process, store, release, transport, remove, dispose of or clean up any Hazardous Materials on, under or from the Properties in
violation of any Environmental Law or in a manner that could reasonably be expected to lead to any Environmental Claim or pose a risk
to human health or the environment which, in the case of any of the foregoing, could reasonably be expected to have a Material Adverse
Effect. Nothing in this Section shall impose any obligation or liability whatsoever on the Administrative Agent or any Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.14.
Derivatives Contracts.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to, enter into or become obligated in respect of, Derivatives
Contracts, other than Derivatives Contracts entered into by the Parent, the Borrower, any such Loan Party or any such Subsidiary in the
ordinary course of business and which establish an effective hedge in respect of liabilities, commitments or assets held or reasonably
anticipated by the Parent, the Borrower, such other Loan Party or such other Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.15.
Restriction Period Covenants.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding anything
to the contrary set forth herein, prior to the end of the Restriction Period (provided that clause (a)(2) below shall apply at all times
prior to the later of (i) the last day of the Restriction Period and (ii) the last day of the Ratio Adjustment Period), the Parent and
the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Make
any Restricted Payment (1) during the Restriction Period other than, so long as no Event of Default specified in Section 11.1.(a), 11.1.(b),
Section 11.1.(f) or Section 11.1.(g) exists and the Obligations have not been accelerated pursuant to Section 11.2.(a) as a result of
the occurrence of any other Event of Default, (i) the Borrower may declare and make cash distributions to the Parent and other holders
of partnership interests in the Borrower, and the Parent may declare and make cash distributions to its shareholders, each, in an aggregate
amount not to exceed up to 100% of the taxable income of the Parent and (ii) the Borrower may declare and make Preferred Dividends to
the Parent and other holders of partnership interests in the Borrower, and the Parent may declare and make Preferred Dividends to its
shareholders, in an aggregate amount not to exceed $25,000,000 per fiscal year or (2) following the last day of the Restriction Period
and prior to the last day of the Ratio Adjustment Period, of the type described in clause (b) or clause (c) of the definition of &#8220;Restricted
Payment&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directly
or indirectly voluntarily prepay any Secured Indebtedness or the Existing Term Loans (including any Secured Indebtedness secured by Liens
which are subordinate to the Liens securing the Obligations) or any other Indebtedness which is contractually subordinated to the Obligations
other than (i) prepayment of an amount of up to $15,000,000 in connection with the extension of the Indebtedness secured by the Salt
Lake City Marriot and (ii) repayment of an amount of up to $3,000,000 in connection with the new market tax credit Lien associated with
the Phoenix Kimpton Palomar.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Issue
or otherwise incur any Indebtedness other than (i) Secured Indebtedness which is Nonrecourse Indebtedness in an amount of up to $150,000,000
so long as the proceeds thereof are applied as required by Section 2.8., (ii) Revolving Loans and Swingline Loans, (iii) Government Assistance
Indebtedness, (iv) refinancing of Indebtedness which was existing prior to the First Amendment Date so long as, if the amount of the
proceeds of such refinancing exceed the principal amount of the Indebtedness being refinanced, such excess proceeds are applied as required
by Section 2.8. <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT>(v) debt assumed in connection with Properties acquired pursuant to Section 10.15.(e)(iv) below in an aggregate amount during
the Restriction Period not to exceed $300,000,000 <U>minus</U> the amount of proceeds from Equity Issuances applied to such acquisitions
described in 10.15.(e)(iv)(debt described in this clause (v) is referred to herein as &#8220;Permitted Assumed Debt&#8221;) <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
(vi) Secured Indebtedness incurred after the Fourth Amendment Date which (x) is Nonrecourse Indebtedness, (y) has a maturity date no
earlier than the later of the Revolving Termination Date, the Term Loan Maturity Date and the maturity date of the Existing Term Loan
and (z) is secured by the Property known as Tranquility Bay</U></FONT>. Notwithstanding the foregoing, no Person which is a direct or
indirect owner of any Property which is an Unencumbered Property on the First Amendment Date or which becomes an Unencumbered Property
after the First Amendment Date will incur any Indebtedness (other than (x) with respect to the Loan Parties, Indebtedness described in
clause (ii) above and (y) with respect to the Borrower, Indebtedness described in clause (iii) above).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
Sell, lease, sublease, transfer or otherwise dispose of (including in connection with a sale-leaseback transaction or a merger or consolidation),
(ii) place any Lien (except, for the avoidance of doubt, with respect to Salt Lake City Marriot) or Negative Pledge (except for the Negative
Pledge contained in the Existing Term Loan Agreement, as in effect on the date hereof) on or (iii) take any other action with respect
to, any Property (or the Equity Interests of any direct or indirect owner of such Property) that is an Unencumbered Property on the First
Amendment Date or which becomes an Unencumbered Property after the First Amendment Date which would cause such Property to cease to constitute
an &#8220;Eligible Property&#8221; unless, solely with respect to clause (i) above, the proceeds thereof are applied in accordance with
Section 2.8.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Directly
or indirectly make or own any Investment or other acquisition (including, without limitation, the provision of guarantees of Indebtedness
of others and the acquisition of Properties) other than, so long as no Default or Event of Default then exists, (i) Investments in Loan
Parties, (ii) management contract buyouts and conversions of leasehold interests into fee simple ownership which do not exceed $25,000,000
in the aggregate during the Restriction Period, (iii) acquisitions of Unencumbered Properties (or the Equity Interests of a direct or
indirect owner of an Unencumbered Property) (A) purchased solely with the proceeds of Equity Issuances so long as Availability is equal
to or greater than $225,000,000 (both before and after giving effect to such acquisition) <FONT STYLE="color: red"><STRIKE>or</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT>(B) purchased solely with UP Retained Proceeds on or before the <FONT STYLE="color: red"><STRIKE>earlier of (x) the </STRIKE></FONT>date
which is 180 days from the date of the applicable Asset Sale (provided that if the Borrower notifies the Administrative Agent within
such 180 day period of its intent to reinvest such proceeds in an Unencumbered Property (or the Equity Interests of a direct or indirect
owner of an Unencumbered Property), such initial 180 day period may be extended by the Administrative Agent) <FONT STYLE="color: red"><STRIKE>and
(y) December 31, 2021</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>or
(C) purchased with the proceeds of Equity Issuances, cash on hand or Revolving Loans provided that the aggregate consideration for all
such acquisitions consummated with respect to this clause (iii)(C) does not exceed $250,000,000</U></FONT>, and (iv) acquisitions of
other Properties purchased solely with the proceeds of Equity Issuances and/or Permitted Assumed Debt so long as, with respect to this
clause (iv), (x) Availability is equal to or greater than $225,000,000 (both before and after giving effect to such acquisition) and
(y) the aggregate consideration (including the principal amount of all Permitted Assumed Debt) for all such acquisitions consummated
with respect to this clause (iv) does not exceed $300,000,000; provided that not more than $100,000,000 of such amount shall constitute
proceeds of Equity Issuances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Make
any capital expenditures other than (i) capital expenditures funded out of the aggregate amount of reserves in respect to furniture,
fixtures and equipment required under any Property Management Agreement or Franchise Agreement applicable to such Properties for such
period as reported pursuant to Section 9.4(p), (ii) capital expenditures necessary for emergency repairs or other expenditures required
for the safety of employees or guests in an aggregate amount of up to $5,000,000 or such greater amount as approved by the Administrative
Agent, (iii) capital expenditures made with respect to the Frenchman&#8217;s Reef Properties in an aggregate amount of up to $30,000,000
and (iv) other capital expenditures in an aggregate amount of up to $50,000,000.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Take
any other action (or refrain from taking any action) that would be prohibited by this Agreement during a Default or Event of Default;
provided that, unless a Default or Event of Default has occurred and is continuing this clause (g) shall not apply to the following (i)
payment of interest (or increased fees) at the Post-Default Rate under Section 2.5(a) and Section 3.5, (ii) Continuations and Conversions
under Section 2.9 and Section 2.10, (iii) the making of Loans and the issuances of Letters of Credit under Section 6.2(a), (iv) the incurrence
of Indebtedness under Section 10.3 (provided that only the Indebtedness under Section 10.15(c) shall be permitted to be incurred) and
(v) actions under this Section 10.15 that are permitted unless a Default or Event of Default has occurred and is continuing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article XI. Default</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.1.
Events of Default.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each of the following shall
constitute an Event of Default, whatever the reason for such event and whether it shall be voluntary or involuntary or be effected by
operation of Applicable Law or pursuant to any judgment or order of any Governmental Authority:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
in Payment of Principal</U>. The Borrower shall fail to pay when due (whether upon demand, at maturity, by reason of acceleration or
otherwise) the principal of any of the Loans, or any Reimbursement Obligation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
in Payment of Interest and Other Obligations</U>. The Borrower shall fail to pay when due any interest on any of the Loans or any of
the other payment Obligations owing by the Borrower under this Agreement, any other Loan Document or the Fee Letters or any other Loan
Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party,
and such failure shall continue for a period of 3 Business Days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
in Performance</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
Loan Party shall fail to perform or observe any term, covenant, condition or agreement on its part to be performed or observed and contained
in the last sentence of Section 8.8.(a), Section 8.8.(b), Section&nbsp;9.4.(h), or Article&nbsp;X.; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
Loan Party shall fail to perform or observe any term, covenant, condition or agreement contained in this Agreement or any other Loan
Document to which it is a party and not otherwise mentioned in this Section, and in the case of this clause (ii) only, such failure shall
continue for a period of 30 days after the earlier of (x)&nbsp;the date upon which a Responsible Officer of the Parent or the Borrower
obtains knowledge of such failure or (y)&nbsp;the date upon which the Parent or any other Loan Party has received written notice of such
failure from the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Misrepresentations</U>.
Any written statement, representation or warranty made or deemed made by or on behalf of any Loan Party under this Agreement or under
any other Loan Document, or any amendment hereto or thereto, or in any other writing or statement at any time furnished or made or deemed
made by, or on behalf of, any Loan Party to the Administrative Agent, any Issuing Bank or any Lender, shall at any time prove to have
been incorrect or misleading, in light of the circumstances in which made or deemed made, in any material respect (or, to the extent qualified
by materiality or Material Adverse Effect, in any respect) when furnished or made or deemed made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indebtedness
Cross&#45;Default; Derivatives Contracts</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower, any other Loan Party or any other Subsidiary shall fail to pay when due and payable, within any applicable grace or cure
period, the principal of, or interest on, any Indebtedness (other than the Loans and Reimbursement Obligations) having an aggregate
outstanding principal amount (or, in the case of any Derivatives Contract, having, without regard to the effect of any close-out
netting provision, a Derivatives Termination Value), in each case, individually or in the aggregate with all other Indebtedness as
to which such a failure exists, of $30,000,000 or more (or (x) other than during the Restriction Period, $60,000,000 and (y) during
the Restriction Period, $200,000,000 or more in the case of Nonrecourse Indebtedness) (all such Indebtedness being &#8220;Material
Indebtedness&#8221;); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x)&nbsp;The maturity of any Material Indebtedness shall have been accelerated in accordance with the provisions of any indenture,
contract or instrument evidencing, providing for the creation of or otherwise concerning such Material Indebtedness or (y)&nbsp;any
Material Indebtedness shall have been required to be prepaid, repurchased, redeemed or defeased prior to the stated maturity
thereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
other event shall have occurred and be continuing which <FONT STYLE="font-style: normal; font-weight: normal; text-underline-style: double">would
permit</FONT> any holder or holders of any Material Indebtedness, any trustee or agent acting on behalf of such holder or holders or
any other Person, to accelerate the maturity of any such Material Indebtedness or require any such Material Indebtedness to be prepaid,
repurchased, redeemed or defeased prior to its stated maturity; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
occurs an &#8220;Event of Default&#8221; under and as defined in any Derivatives Contract as to which the Borrower, any Loan Party or
any other Subsidiary is a &#8220;Defaulting Party&#8221; (as defined therein), or there occurs an &#8220;Early Termination Date&#8221;
(as defined therein) in respect of any such Derivatives Contract as a result of a &#8220;Termination Event&#8221; (as defined therein)
as to which the Borrower or any of its Subsidiaries is an &#8220;Affected Party&#8221; (as defined therein), in each case, if the Derivatives
Termination Value payable by the Borrower, any other Loan Party or any other Subsidiary exceeds $15,000,000 in the aggregate; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
occurs an &#8220;Event of Default&#8221; under and as defined in the Existing Term Loan Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Voluntary
Bankruptcy Proceeding</U>. The Borrower, any other Loan Party or any Significant Subsidiary shall: (i)&nbsp;commence a voluntary
case under the Bankruptcy Code or other federal bankruptcy laws (as now or hereafter in effect); (ii)&nbsp;file a petition seeking
to take advantage of any other Applicable Laws, domestic or foreign, relating to bankruptcy, insolvency, reorganization,
winding&#45;up, or composition or adjustment of debts; (iii)&nbsp;consent to, or fail to contest in a timely and appropriate manner,
any petition filed against it in an involuntary case under such bankruptcy laws or other Applicable Laws or consent to any
proceeding or action described in the immediately following subsection; (iv)&nbsp;apply for or consent to, or fail to contest in a
timely and appropriate manner, the appointment of, or the taking of possession by, a receiver, custodian, trustee, or liquidator of
itself or of a substantial part of its property, domestic or foreign; (v)&nbsp;admit in writing its inability to pay its debts as
they become due; (vi)&nbsp;make a general assignment for the benefit of creditors; (vii)&nbsp;make a conveyance fraudulent as to
creditors under any Applicable Law; or (viii)&nbsp;take any corporate or partnership action for the purpose of effecting any of the
foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Involuntary
Bankruptcy Proceeding</U>. A case or other proceeding shall be commenced against any Loan Party or any other Significant Subsidiary in
any court of competent jurisdiction seeking: (i)&nbsp;relief under the Bankruptcy Code or other federal bankruptcy laws (as now or hereafter
in effect) or under any other Applicable Laws, domestic or foreign, relating to bankruptcy, insolvency, reorganization, winding&#45;up,
or composition or adjustment of debts; or (ii)&nbsp;the appointment of a trustee, receiver, custodian, liquidator or the like of such
Person, or of all or any substantial part of the assets, domestic or foreign, of such Person, and such case or proceeding shall continue
undismissed or unstayed for a period of 60&nbsp;consecutive days, or an order granting the remedy or other relief requested in such case
or proceeding against such Loan Party or such Significant Subsidiary (including, but not limited to, an order for relief under such Bankruptcy
Code or such other federal bankruptcy laws) shall be entered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Revocation
of Loan Documents</U>. Any Loan Party shall (or shall attempt to) disavow, revoke or terminate any Loan Document or the Fee Letters to
which it is a party or shall otherwise challenge or contest in any action, suit or proceeding in any court or before any Governmental
Authority the validity or enforceability of any Loan Document or the Fee Letters, or any Loan Document or the Fee Letters shall cease
to be in full force and effect (except as a result of the express terms thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgment</U>.
A judgment or order for the payment of money or for an injunction shall be entered against the Borrower, any other Loan Party, or any
other Subsidiary by any court or other tribunal and (i)&nbsp;such judgment or order shall continue for a period of 30 days without being
paid, stayed or dismissed through appropriate appellate proceedings and (ii)&nbsp;either (A)&nbsp;the amount of such judgment or order
for which insurance has not been acknowledged in writing by the applicable insurance carrier (or the amount as to which the insurer has
denied liability) exceeds, individually or together with all other such outstanding judgments or orders entered against any Loan Parties
or any other Subsidiary, $30,000,000 or (B)&nbsp;in the case of an injunction or other non-monetary judgment, such injunction or judgment
or order could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Attachment</U>.
A warrant, writ of attachment, execution or similar process shall be issued against any property of any Loan Party or any other Subsidiary,
which exceeds, individually or together with all other such warrants, writs, executions and processes, $30,000,000 in amount and such
warrant, writ, execution or process shall not be paid, discharged, vacated, stayed or bonded for a period of 30 days; provided, however,
that if a bond has been issued in favor of the claimant or other Person obtaining such warrant, writ, execution or process, the issuer
of such bond shall execute a waiver or subordination agreement in form and substance satisfactory to the Administrative Agent pursuant
to which the issuer of such bond subordinates its right of reimbursement, contribution or subrogation to the Obligations and waives or
subordinates any Lien it may have on the assets of any Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
ERISA Event shall have occurred that results or could reasonably be expected to result in liability to any member of the ERISA Group
aggregating in excess of $30,000,000; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
 &#8220;benefit obligation&#8221; of all Plans exceeds the &#8220;fair market value of plan assets&#8221; for such Plans by more than
$30,000,000, all as determined, and with such terms defined, in accordance with FASB ASC 715.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Loan
Documents</U>. An Event of Default (as defined therein) shall occur under any of the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Change
of Control/Change in Management</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
 &#8220;person&#8221; or &#8220;group&#8221; (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934,
as amended (the &#8220;Exchange Act&#8221;)), is or becomes the &#8220;beneficial owner&#8221; (as defined in Rules 13d-3 and 13d-5 under
the Exchange Act, except that a Person will be deemed to have &#8220;beneficial ownership&#8221; of all securities that such Person has
the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more
than 35% of the total voting power of the then outstanding voting stock of the Parent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
any period of 12 consecutive months ending after the Agreement Date, individuals who at the beginning of any such 12&#45;month period
constituted the Board of Directors of the Parent (together with any new directors whose election by such Board or whose nomination for
election by the shareholders of the Parent was approved by a vote of a majority of the directors then still in office who were either
directors at the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason
to constitute a majority of the Board of Directors of the Parent then in office; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent or a Wholly Owned Subsidiary of the Parent shall cease to be the sole general partner of the Borrower or shall cease to have the
sole and exclusive power to exercise all management and control over the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Liens
in the Collateral</U>. After the First Amendment Date and prior to the Security Release Date, any Lien purported to be created under any
Loan Document shall cease to be, or shall be asserted by any Borrower or other Loan Party not to be, a valid and perfected Lien on any
Collateral, with the priority required by the applicable Loan Documents and the Intercreditor Agreement, except as a result of (i) the
sale or other disposition of the applicable Collateral in a transaction permitted under the Loan Documents, or (ii) the release of such
Lien as a result of the occurrence of the Security Release Date hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intercreditor
Agreement</U>. After the First Amendment Date and prior to the Security Release Date, the Intercreditor Agreement shall cease to be (or
shall be asserted in writing by any Loan Party or any party thereto not to be) legally valid, binding and enforceable against any party
thereto or otherwise not be effective to create the rights and obligations purported to be created thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.2.
Remedies Upon Event of Default.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Upon the occurrence of an
Event of Default the following provisions shall apply:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acceleration;
Termination of Facilities</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Automatic</U>.
Upon the occurrence of an Event of Default specified in Sections&nbsp;11.1.(f) or 11.1.(g), (A)(1) the principal of, and all accrued
interest on, the Loans and the Notes at the time outstanding, (2)&nbsp;an amount equal to the Stated Amount of all Letters of Credit
outstanding as of the date of the occurrence of such Event of Default for deposit into the Letter of Credit Collateral Account
pursuant to Section&nbsp;11.5. and (3)&nbsp;all of the other Obligations, including, but not limited to, the other amounts owed to
the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately
and automatically due and payable without presentment, demand, protest, or other notice of any kind, all of which are expressly
waived by the Borrower on behalf of itself and the other Loan Parties, and (B)&nbsp;the Commitments, the Swingline Commitment, and
the obligation of the Issuing Banks to issue Letters of Credit hereunder, shall all immediately and automatically terminate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Optional</U>.
If any other Event of Default shall exist, the Administrative Agent may, and at the direction of the Requisite Lenders shall:
(A)&nbsp;declare (1)&nbsp;the principal of, and accrued interest on, the Loans and the Notes at the time outstanding, (2)&nbsp;an
amount equal to the Stated Amount of all Letters of Credit outstanding as of the date of the occurrence of such Event of Default for
deposit into the Letter of Credit Collateral Account pursuant to Section&nbsp;11.5. and (3)&nbsp;all of the other Obligations,
including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or
any of the other Loan Documents to be forthwith due and payable, whereupon the same shall immediately become due and payable without
presentment, demand, protest or other notice of any kind, all of which are expressly waived by the Borrower on behalf of itself and
the other Loan Parties, and (B)&nbsp;terminate the Commitments and the Swingline Commitment and the obligation of the Issuing Banks
to issue Letters of Credit hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Loan
Documents</U>. The Requisite Lenders may direct the Administrative Agent to, and the Administrative Agent if so directed shall, exercise
any and all of its rights under any and all of the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Applicable
Law</U>. The Requisite Lenders may direct the Administrative Agent to, and the Administrative Agent if so directed shall, exercise all
other rights and remedies it may have under any Applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment
of Receiver</U>. To the extent permitted by Applicable Law, the Administrative Agent and the Lenders shall be entitled to the appointment
of a receiver for the assets and properties of the Borrower and its Subsidiaries (other than Excluded Subsidiaries), without notice of
any kind whatsoever and without regard to the adequacy of any security for the Obligations or the solvency of any party bound for its
payment, to take possession of all or any portion of the property or the business operations of the Borrower and its Subsidiaries (other
than Excluded Subsidiaries) and to exercise such power as the court shall confer upon such receiver.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Specified
Derivatives Contract Remedies</U>. Notwithstanding any other provision of this Agreement or other Loan Document, each Specified
Derivatives Provider shall have the right, with prompt notice to the Administrative Agent, but without the approval or consent of or
other action by the Administrative Agent or the Lenders, and without limitation of other remedies available to such Specified
Derivatives Provider under contract or Applicable Law, to undertake any of the following: (a) to declare an event of default,
termination event or other similar event under any Specified Derivatives Contract and to create an &#8220;Early Termination
Date&#8221; (as defined therein) in respect thereof, (b) to determine net termination amounts in respect of any and all Specified
Derivatives Contracts in accordance with the terms thereof, and to set off amounts among such contracts, (c) to set off or proceed
against deposit account balances, securities account balances and other property and amounts held by such Specified Derivatives
Provider pursuant to any Derivatives Support Document, including any &#8220;Posted Collateral&#8221; (as defined in any credit
support annex included in any such Derivatives Support Document to which such Specified Derivatives Provider may be a party), and
(d) to prosecute any legal action against the Parent, the Borrower, any other Loan Party or any other Subsidiary to enforce or
collect net amounts owing to such Specified Derivatives Provider pursuant to any Specified Derivatives Contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.3.
Remedies Upon Default.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Upon the occurrence of a Default
specified in Section&nbsp;11.1.(g), the Commitments, the Swingline Commitment, and the obligation of the Issuing Banks to issue Letters
of Credit shall immediately and automatically terminate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.4.
Marshaling; Payments Set Aside.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">None of the Administrative
Agent, any Issuing Bank or any Lender shall be under any obligation to marshal any assets in favor of any Loan Party or any other party
or against or in payment of any or all of the Guaranteed Obligations. To the extent that any Loan Party makes a payment or payments to
the Administrative Agent, any Issuing Bank, or any Lender, or the Administrative Agent, any Issuing Bank or any Lender enforce their security
interests or exercise their rights of setoff, and such payment or payments or the proceeds of such enforcement or setoff or any part thereof
are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver
or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then to the extent of such recovery,
the Guaranteed Obligations, or part thereof originally intended to be satisfied, and all Liens, rights and remedies therefor, shall be
revived and continued in full force and effect as if such payment had not been made or such enforcement or setoff had not occurred.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.5.
Allocation of Proceeds.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If an Event of Default exists,
all payments received by the Administrative Agent (or any Lender as a result of its exercise of remedies permitted under Section&nbsp;13.3.
under any of the Loan Documents, in respect of any principal of or interest on the Guaranteed Obligations or any other amounts payable
by the Borrower hereunder or thereunder, shall be applied in the following order and priority:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting fees, indemnities, expenses and other amounts, including attorney fees,
payable to the Administrative Agent in its capacity as such, each applicable Issuing Bank in its capacity as such and the Swingline Lender
in its capacity as such, ratably among the Administrative Agent, the applicable Issuing Banks and Swingline Lender in proportion to the
respective amounts described in this clause&nbsp;(a) payable to them;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting fees, indemnities and other amounts (other than principal and interest)
payable to the Lenders under the Loan Documents, including attorney fees, ratably among the Lenders in proportion to the respective amounts
described in this clause&nbsp;(b) payable to them;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting accrued and unpaid interest on the Swingline Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting accrued and unpaid interest on the Loans and Reimbursement Obligations,
ratably among the Lenders and the applicable Issuing Banks in proportion to the respective amounts described in this clause&nbsp;(d) payable
to them;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting unpaid principal of the Swingline Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting unpaid principal of the Loans, Reimbursement Obligations, other Letter
of Credit Liabilities and payment obligations then owing under Specified Derivatives Contracts, ratably among the Lenders, the Issuing
Banks, as applicable, and the Specified Derivatives Providers in proportion to the respective amounts described in this clause&nbsp;(f)
payable to them; provided, however, to the extent that any amounts available for distribution pursuant to this clause are attributable
to the issued but undrawn amount of an outstanding Letter of Credit, such amounts shall be paid to the Administrative Agent for deposit
into the Letter of Credit Collateral Account; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
balance, if any, after all of the Guaranteed Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required
by Applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding the foregoing, Guaranteed Obligations
arising under Specified Derivatives Contracts shall be excluded from the application described above if the Administrative Agent has not
received written notice thereof, together with such supporting documentation as the Administrative Agent may request, from the applicable
Specified Derivatives Provider, as the case may be; provided, however, that during a Default or Event of Default trade-by-trade notices
shall be sufficient to satisfy this requirement. Each Specified Derivatives Provider not a party to this Agreement that has given the
notice contemplated by the preceding sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment of the
Administrative Agent pursuant to the terms of Article&nbsp;XII. for itself and its Affiliates as if a &#8220;Lender&#8221; party hereto.
Upon the occurrence of an Event of Default including after any acceleration of the Obligations, each Specified Derivatives Provider shall
provide the Administrative Agent periodic updates (including updates promptly upon the Administrative Agent&#8217;s request therefore)
of the amounts due and owing with respect to any outstanding Specified Derivatives Contracts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.6.
Letter of Credit Collateral Account.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
collateral security for the prompt payment in full when due of all Letter of Credit Liabilities and the other Obligations, the Borrower
hereby pledges and grants to the Administrative Agent, for the ratable benefit of the Administrative Agent, the Issuing Banks and the
Lenders as provided herein, a security interest in all of its right, title and interest in and to the Letter of Credit Collateral Account
and the balances from time to time in the Letter of Credit Collateral Account (including the investments and reinvestments therein provided
for below). The balances from time to time in the Letter of Credit Collateral Account shall not constitute payment of any Letter of Credit
Liabilities until applied by the applicable Issuing Bank(s) as provided herein. Anything in this Agreement to the contrary notwithstanding,
funds held in the Letter of Credit Collateral Account shall be subject to withdrawal only as provided in this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amounts
on deposit in the Letter of Credit Collateral Account shall be invested and reinvested by the Administrative Agent in such Cash
Equivalents as the Administrative Agent shall determine in its sole discretion. All such investments and reinvestments shall be held
in the name of and be under the sole dominion and control of the Administrative Agent for the ratable benefit of the Administrative
Agent, the Issuing Banks and the Revolving Lenders; <U>provided</U>, that all earnings on such investments will be credited to and
retained in the Letter of Credit Collateral Account. The Administrative Agent shall exercise reasonable care in the custody and
preservation of any funds held in the Letter of Credit Collateral Account and shall be deemed to have exercised such care if such
funds are accorded treatment substantially equivalent to that which the Administrative Agent accords other funds deposited with the
Administrative Agent, it being understood that the Administrative Agent shall not have any responsibility for taking any necessary
steps to preserve rights against any parties with respect to any funds held in the Letter of Credit Collateral Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a drawing pursuant to any Letter of Credit occurs on or prior to the expiration date of such Letter of Credit, the Borrower and the Lenders
authorize the Administrative Agent to use the monies deposited in the Letter of Credit Collateral Account to reimburse the applicable
Issuing Bank for the payment made by such Issuing Bank to the beneficiary with respect to such drawing or the payee with respect to such
presentment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
an Event of Default exists, the Administrative Agent may (and, if instructed by the Requisite Lenders, shall) in its (or their) discretion
at any time and from time to time elect to liquidate any such investments and reinvestments and apply the proceeds thereof to the Obligations
in accordance with Section&nbsp;11.5. Notwithstanding the foregoing, the Administrative Agent shall not be required to liquidate and release
any such amounts if such liquidation or release would result in the amount available in the Letter of Credit Collateral Account to be
less than the Stated Amount of all Extended Letters of Credit that remain outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;So
long as no Default or Event of Default exists, and to the extent amounts on deposit in or credited to the Letter of Credit Collateral
Account exceed the aggregate amount of the Letter of Credit Liabilities then due and owing, the Administrative Agent shall, from time
to time, at the request of the Borrower, deliver to the Borrower within 10 Business Days after the Administrative Agent&#8217;s receipt
of such request from the Borrower, against receipt but without any recourse, warranty or representation whatsoever, such amount of the
credit balances in the Letter of Credit Collateral Account as exceeds the aggregate amount of Letter of Credit Liabilities at such time.
Upon the expiration, termination or cancellation of an Extended Letter of Credit for which the Lenders reimbursed (or funded participations
in) a drawing deemed to have occurred under the fourth sentence of Section&nbsp;2.3.(b) for deposit into the Letter of Credit Collateral
Account but in respect of which the Lenders have not otherwise received payment for the amount so reimbursed or funded, the Administrative
Agent shall promptly remit to the Lenders the amount so reimbursed or funded for such Extended Letter of Credit that remains in the Letter
of Credit Collateral Account, pro rata in accordance with the respective unpaid reimbursements or funded participations of the Lenders
in respect of such Extended Letter of Credit, against receipt but without any recourse, warranty or representation whatsoever. When all
of the Obligations shall have been indefeasibly paid in full and no Letters of Credit remain outstanding, the Administrative Agent shall
deliver to the Borrower, against receipt but without any recourse, warranty or representation whatsoever, the balances remaining in the
Letter of Credit Collateral Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower shall pay to the Administrative Agent from time to time such fees as the Administrative Agent normally charges for similar services
in connection with the Administrative Agent&#8217;s administration of the Letter of Credit Collateral Account and investments and reinvestments
of funds therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.7.
Performance by Administrative Agent.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If the Borrower or any
other Loan Party shall fail to perform any covenant, duty or agreement contained in any of the Loan Documents, the Administrative
Agent may, after notice to the Borrower, perform or attempt to perform such covenant, duty or agreement on behalf of the Borrower or
such other Loan Party after the expiration of any cure or grace periods set forth herein. In such event, the Borrower shall, at the
request of the Administrative Agent, promptly pay any amount reasonably expended by the Administrative Agent in such performance or
attempted performance to the Administrative Agent, together with interest thereon at the applicable Post-Default Rate from the date
of such expenditure until paid. Notwithstanding the foregoing, neither the Administrative Agent nor any Lender shall have any
liability or responsibility whatsoever for the performance of any obligation of the Borrower under this Agreement or any other Loan
Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.6in 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.8.
Rights Cumulative.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
rights and remedies of the Administrative Agent, the Issuing Banks, and the Lenders under this Agreement, each of the other Loan Documents
and the Fee Letters shall be cumulative and not exclusive of any rights or remedies which any of them may otherwise have under Applicable
Law. In exercising their respective rights and remedies the Administrative Agent, the Issuing Banks and the Lenders may be selective and
no failure or delay by the Administrative Agent, any Issuing Bank or any of the Lenders in exercising any right shall operate as a waiver
of it, nor shall any single or partial exercise of any power or right preclude its other or further exercise or the exercise of any other
power or right.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Enforcement
by Administrative Agent</U>. Notwithstanding anything to the contrary contained herein or in any other Loan Document, the authority to
enforce rights and remedies hereunder and under the other Loan Documents against the Loan Parties or any of them shall be vested exclusively
in, and all actions and proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the
Administrative Agent in accordance with Article&nbsp;XI. for the benefit of all the Lenders and the Issuing Banks; <U>provided</U> that
the foregoing shall not prohibit (i)&nbsp;the Administrative Agent from exercising on its own behalf the rights and remedies that inure
to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (ii)&nbsp;any Issuing Bank,
the Swingline Lender or any Specified Derivatives Provider from exercising the rights and remedies that inure to its benefit (solely in
its capacity as an Issuing Bank, Swingline Lender or Specified Derivatives Provider, as the case may be) hereunder, under the other Loan
Documents or under any Specified Derivatives Contract, as applicable, (iii)&nbsp;any Lender from exercising setoff rights in accordance
with Section&nbsp;13.3. (subject to the terms of Section&nbsp;3.3.), or (iv)&nbsp;any Lender from filing proofs of claim or appearing
and filing pleadings on its own behalf during the pendency of a proceeding relative to any Loan Party under any Debtor Relief Law; and
<U>provided</U>, <U>further</U>, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan
Documents, then (x) the Requisite Lenders shall have the rights otherwise ascribed to the Administrative Agent pursuant to Article&nbsp;XI.
and (y) in addition to the matters set forth in clauses (ii), (iii) and (iv) of the preceding proviso and subject to Section&nbsp;3.3.,
any Lender may, with the consent of the Requisite Lenders, enforce any rights and remedies available to it and as authorized by the Requisite
Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article XII. The Administrative
Agent</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.1.
Appointment and Authorization.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Lender hereby
irrevocably appoints and authorizes the Administrative Agent to take such action as contractual representative on such
Lender&#8217;s behalf and to exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to
the Administrative Agent by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. Not in
limitation of the foregoing, each Lender authorizes and directs the Administrative Agent to enter into the Loan Documents for the
benefit of the Lenders. Each Lender hereby agrees that, except as otherwise set forth herein, any action taken by the Requisite
Lenders in accordance with the provisions of this Agreement or the Loan Documents, and the exercise by the Requisite Lenders of the
powers set forth herein or therein, together with such other powers as are reasonably incidental thereto, shall be authorized and
binding upon all of the Lenders. Nothing herein shall be construed to deem the Administrative Agent a trustee or fiduciary for any
Lender or to impose on the Administrative Agent duties or obligations other than those expressly provided for herein. Without
limiting the generality of the foregoing, the use of the terms &#8220;Agent&#8221;, &#8220;Administrative Agent&#8221;,
 &#8220;agent&#8221; and similar terms in the Loan Documents with reference to the Administrative Agent is not intended to connote
any fiduciary or other implied (or express) obligations arising under agency doctrine of any Applicable Law. Instead, use of such
terms is merely a matter of market custom, and is intended to create or reflect only an administrative relationship between
independent contracting parties. The Administrative Agent shall deliver or otherwise make available to each Lender, promptly upon
receipt thereof by the Administrative Agent, copies of each of the financial statements, certificates, notices and other documents
delivered to the Administrative Agent pursuant to Article&nbsp;IX. that the Borrower is not otherwise required to deliver directly
to the Lenders. The Administrative Agent will furnish to any Lender, upon the request of such Lender, a copy (or, where appropriate,
an original) of any document, instrument, agreement, certificate or notice furnished to the Administrative Agent by the Borrower,
any other Loan Party or any other Affiliate of the Borrower, pursuant to this Agreement or any other Loan Document not already
delivered or otherwise made available to such Lender pursuant to the terms of this Agreement or any such other Loan Document. As to
any matters not expressly provided for by the Loan Documents (including, without limitation, enforcement or collection of any of the
Obligations), the Administrative Agent shall not be required to exercise any discretion or take any action, but shall be required to
act or to refrain from acting (and shall be fully protected in so acting or refraining from acting) upon the instructions of the
Requisite Lenders (or all of the Lenders if explicitly required under any other provision of this Agreement), and such instructions
shall be binding upon all Lenders and all holders of any of the Obligations; provided, however, that, notwithstanding anything in
this Agreement to the contrary, the Administrative Agent shall not be required to take any action which exposes the Administrative
Agent to personal liability or which is contrary to this Agreement or any other Loan Document or Applicable Law. Not in limitation
of the foregoing, the Administrative Agent may exercise any right or remedy it or the Lenders may have under any Loan Document upon
the occurrence of a Default or an Event of Default unless the Requisite Lenders have directed the Administrative Agent otherwise.
Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Administrative Agent as a result of
the Administrative Agent acting or refraining from acting under this Agreement or any of the other Loan Documents in accordance with
the instructions of the Requisite Lenders, or where applicable, all the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.2.
Administrative Agent&#8217;s Reliance.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding any
other provisions of this Agreement or any other Loan Documents, neither the Administrative Agent nor any of its Related Parties
shall be liable for any action taken or not taken by it under or in connection with this Agreement or any other Loan Document,
except for its or their own gross negligence or willful misconduct in connection with its duties expressly set forth herein or
therein as determined by a court of competent jurisdiction in a final non-appealable judgment. Without limiting the generality of
the foregoing, the Administrative Agent may consult with legal counsel (including its own counsel or counsel for the Parent, the
Borrower or any other Loan Party), 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.
Neither the Administrative Agent nor any of its Related Parties: (a)&nbsp;makes any warranty or representation to any Lender, any
Issuing Bank or any other Person, or shall be responsible to any Lender, any Issuing Bank or any other Person for any statement,
warranty or representation made or deemed made by the Borrower, any other Loan Party or any other Person in or in connection with
this Agreement or any other Loan Document; (b) shall have any duty to ascertain or to inquire as to the performance or observance of
any of the terms, covenants or conditions of this Agreement or any other Loan Document or the satisfaction of any conditions
precedent under this Agreement or any Loan Document on the part of the Borrower or other Persons, or to inspect the property, books
or records of the Borrower or any other Person; (c)&nbsp;shall be responsible to any Lender or any Issuing Bank for the due
execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other Loan Document, any
other instrument or document furnished pursuant thereto or any collateral covered thereby or the perfection or priority of any Lien
in favor of the Administrative Agent on behalf of the Lenders and the Issuing Banks in any such collateral; (d) shall have any
liability in respect of any recitals, statements, certifications, representations or warranties contained in any of the Loan
Documents or any other document, instrument, agreement, certificate or statement delivered in connection therewith; and (e) shall
incur any 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 may be by telephone, telecopy or electronic mail) believed by it to be genuine and signed,
sent or given by the proper party or parties. The Administrative Agent may execute any of its duties under the Loan Documents by or
through agents, employees or attorneys-in-fact and shall not be responsible for the negligence or misconduct of any agent or
attorney-in-fact that it selects in the absence of gross negligence or willful misconduct in the selection of such agent or
attorney-in-fact as determined by a court of competent jurisdiction in a final non-appealable judgment. Unless set forth in writing
to the contrary, the making of its initial Loan by a Lender shall constitute a certification by such Lender to the Administrative
Agent and the other Lenders that the conditions precedent for initial Loans set forth in Sections&nbsp;6.1. and 6.2. that have not
previously been waived by the Requisite Lenders have been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.3.
Notice of Events of Default.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent shall
not be deemed to have knowledge or notice of the occurrence of a Default or Event of Default unless the Administrative Agent has received
notice from a Lender or the Borrower referring to this Agreement, describing with reasonable specificity such Default or Event of Default
and stating that such notice is a &#8220;notice of default.&#8221; If any Lender (excluding the Lender which is also serving as the Administrative
Agent) becomes aware of any Default or Event of Default, it shall promptly send to the Administrative Agent such a &#8220;notice of default&#8221;;
provided, a Lender&#8217;s failure to provide such a &#8220;notice of default&#8221; to the Administrative Agent shall not result in any
liability of such Lender to any other party to any of the Loan Documents. Further, if the Administrative Agent receives such a &#8220;notice
of default,&#8221; the Administrative Agent shall give prompt notice thereof to the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.4.
Administrative Agent as Lender.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Lender acting as Administrative
Agent shall have the same rights and powers as a Lender or a Specified Derivatives Provider, as the case may be, under this Agreement,
any other Loan Document, any Specified Derivatives Contract, as the case may be, as any other Lender or Specified Derivatives Provider
and may exercise the same as though it were not the Administrative Agent; and the term &#8220;Lender&#8221; or &#8220;Lenders&#8221; shall,
unless otherwise expressly indicated, include the Lender acting as Administrative Agent in each case in its individual capacity. Such
Lender and its Affiliates may each accept deposits from, maintain deposits or credit balances for, invest in, lend money to, act as trustee
under indentures of, serve as financial advisor to, and generally engage in any kind of business with the Borrower, any other Loan Party
or any other Affiliate thereof as if it were any other bank and without any duty to account therefor to the Issuing Banks, the other Lenders
or any Specified Derivatives Providers. Further, the Administrative Agent and any Affiliate may accept fees and other consideration from
the Borrower for services in connection with this Agreement or any Specified Derivatives Contract, or otherwise without having to account
for the same to the Issuing Banks, the other Lenders or any Specified Derivatives Providers. The Issuing Banks and the Lenders acknowledge
that, pursuant to such activities, the Lender acting as Administrative Agent or its Affiliates may receive information regarding the Borrower,
other Loan Parties, other Subsidiaries and other Affiliates (including information that may be subject to confidentiality obligations
in favor of such Person) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 12.5. Approvals
of Lenders.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">All communications from
the Administrative Agent to any Lender requesting such Lender&#8217;s determination, consent or approval (a)&nbsp;shall be given in
the form of a written notice to such Lender, (b)&nbsp;shall be accompanied by a description of the matter or issue as to which such
determination, consent or approval is requested, or shall advise such Lender where information, if any, regarding such matter or
issue may be inspected, or shall otherwise describe the matter or issue to be resolved and (c)&nbsp;shall include, if reasonably
requested by such Lender and to the extent not previously provided to such Lender, written materials provided to the Administrative
Agent by the Borrower in respect of the matter or issue to be resolved. With respect to any action requiring the consent of the
Requite Lenders or Requisite Class Lenders (and not all Lenders or all affected Lenders pursuant to Section 13.6), unless a Lender
shall give written notice to the Administrative Agent that it specifically objects to the requested determination, consent or
approval within 10&nbsp;Business Days (or such lesser or greater period as may be specifically required under the express terms of
the Loan Documents) of receipt of such communication, such Lender shall be deemed to have conclusively approved such requested
determination, consent or approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.6.
Lender Credit Decision, Etc.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each of the Lenders and the
Issuing Banks expressly acknowledges and agrees that neither the Administrative Agent nor any of its Related Parties has made any representations
or warranties to such Issuing Bank or such Lender and that no act by the Administrative Agent hereafter taken, including any review of
the affairs of the Parent, the Borrower, any other Loan Party or any other Subsidiary or Affiliate, shall be deemed to constitute any
such representation or warranty by the Administrative Agent to any Issuing Bank or any Lender. Each of the Lenders and the Issuing Banks
acknowledges that it has made its own credit and legal analysis and decision to enter into this Agreement and the transactions contemplated
hereby, independently and without reliance upon the Administrative Agent, any other Lender or counsel to the Administrative Agent, or
any of their respective Related Parties, and based on the financial statements of the Parent, the Borrower, the other Loan Parties, the
other Subsidiaries and other Affiliate thereof, and inquiries of such Persons, its independent due diligence of the business and affairs
of the Parent, the Borrower, the other Loan Parties, the other Subsidiaries and other Persons, its review of the Loan Documents, the legal
opinions required to be delivered to it hereunder, the advice of its own counsel and such other documents and information as it has deemed
appropriate. Each of the Lenders and the Issuing Banks also acknowledges that it will, independently and without reliance upon the Administrative
Agent, any other Lender or counsel to the Administrative Agent or any of their respective Related Parties, and based on such review, advice,
documents and information as it shall deem appropriate at the time, continue to make its own decisions in taking or not taking action
under the Loan Documents. The Administrative Agent shall not be required to keep itself informed as to the performance or observance by
the Parent, the Borrower or any other Loan Party of the Loan Documents or any other document referred to or provided for therein or to
inspect the properties or books of, or make any other investigation of, the Parent, the Borrower, any other Loan Party or any other Subsidiary.
Except for notices, reports and other documents and information expressly required to be furnished to the Lenders and the Issuing Banks
by the Administrative Agent under this Agreement or any of the other Loan Documents, the Administrative Agent shall have no duty or responsibility
to provide any Lender or the any Issuing Bank with any credit or other information concerning the business, operations, property, financial
and other condition or creditworthiness of the Parent, the Borrower, any other Loan Party or any other Affiliate thereof which may come
into possession of the Administrative Agent or any of its Related Parties. Each of the Lenders and the Issuing Banks acknowledges that
the Administrative Agent&#8217;s legal counsel in connection with the transactions contemplated by this Agreement is only acting as counsel
to the Administrative Agent and is not acting as counsel to any Lender or any Issuing Bank.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-variant: small-caps"></FONT></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.7.
Indemnification of Administrative Agent.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Lender agrees to
indemnify the Administrative Agent (to the extent not reimbursed by the Borrower and without limiting the obligation of the Borrower
to do so) pro rata in accordance with such Lender&#8217;s respective Pro Rata Share (determined as of the time that the applicable
unreimbursed expense or indemnity payment is sought), from and against any and all liabilities, obligations, losses, damages,
penalties, actions, judgments, suits, reasonable out-of-pocket costs and expenses of any kind or nature whatsoever which may at any
time be imposed on, incurred by, or asserted against the Administrative Agent (in its capacity as Administrative Agent but not as a
Lender) in any way relating to or arising out of the Loan Documents, any transaction contemplated hereby or thereby or any action
taken or omitted by the Administrative Agent under the Loan Documents (collectively, &#8220;Indemnifiable Amounts&#8221;); provided,
however, that no Lender shall be liable for any portion of such Indemnifiable Amounts to the extent resulting from the
Administrative Agent&#8217;s gross negligence or willful misconduct as determined by a court of competent jurisdiction in a final,
non-appealable judgment; <U>provided</U>, <U>however</U>, that no action taken in accordance with the directions of the Requisite
Lenders (or all of the Lenders, if expressly required hereunder) shall be deemed to constitute gross negligence or willful
misconduct for purposes of this Section. Without limiting the generality of the foregoing, each Lender agrees to reimburse the
Administrative Agent (to the extent not reimbursed by the Borrower and without limiting the obligation of the Borrower to do so)
promptly upon demand for its Pro Rata Share (determined as of the time that the applicable reimbursement is sought) of any
out&#45;of&#45;pocket expenses (including the reasonable fees and expenses of the counsel to the Administrative Agent) incurred by
the Administrative Agent in connection with the preparation, negotiation, execution, administration, or enforcement (whether through
negotiations, legal proceedings, or otherwise) of, or legal advice with respect to the rights or responsibilities of the parties
under, the Loan Documents, any suit or action brought by the Administrative Agent to enforce the terms of the Loan Documents and/or
collect any Obligations, any &#8220;lender liability&#8221; suit or claim brought against the Administrative Agent and/or the
Lenders, and any claim or suit brought against the Administrative Agent and/or the Lenders arising under any Environmental Laws.
Such out&#45;of&#45;pocket expenses (including counsel fees) shall be advanced by the Lenders on the request of the Administrative
Agent notwithstanding any claim or assertion that the Administrative Agent is not entitled to indemnification hereunder upon receipt
of an undertaking by the Administrative Agent that the Administrative Agent will reimburse the Lenders if it is actually and finally
determined by a court of competent jurisdiction that the Administrative Agent is not so entitled to indemnification. The agreements
in this Section shall survive the payment of the Loans and all other amounts payable hereunder or under the other Loan Documents and
the termination of this Agreement. If the Borrower shall reimburse the Administrative Agent for any Indemnifiable Amount following
payment by any Lender to the Administrative Agent in respect of such Indemnifiable Amount pursuant to this Section, the
Administrative Agent shall share such reimbursement on a ratable basis with each Lender making any such payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.8.
Successor Administrative Agent.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent may (i) resign at any time as Administrative Agent under the Loan Documents by giving written notice thereof to the
Lenders and the Borrower or (ii) be removed as Administrative Agent under the Loan Documents for gross negligence or willful misconduct,
as determined by a court of competent jurisdiction in a final, non-appealable judgment, upon 30 days&#8217; prior written notice by all
Lenders (other than the Lender then acting as Administrative Agent). Upon any such resignation or removal, the Requisite Lenders shall
have the right to appoint a successor Administrative Agent which appointment shall, provided no Default or Event of Default exists, be
subject to the Borrower&#8217;s approval, which approval shall not be unreasonably withheld or delayed (except that the Borrower shall,
in all events, be deemed to have approved each Lender and any of its Affiliates as a successor Administrative Agent). If no successor
Administrative Agent shall have been so appointed in accordance with the immediately preceding sentence, and shall have accepted such
appointment, within 30 days after the resigning Administrative Agent&#8217;s giving of notice of resignation or the giving of notice of
removal of the Administrative Agent, then the current Administrative Agent may, on behalf of the Lenders and the Issuing Banks, appoint
a successor Administrative Agent, which shall be a Lender, if any Lender shall be willing to serve, or otherwise shall be a financial
institution having total combined assets of at least $50,000,000,000 and an Eligible Assignee or another Person acceptable to the Requisite
Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent may be removed as Administrative Agent under the Loan Documents, with or without cause, upon 15 days&#8217; prior
written notice from the Borrower to the Administrative Agent and all the Lenders; provided that upon such removal Bank of America, N.A.
is appointed as successor Administrative Agent (in such capacity, &#8220;Successor Agent&#8221;) and accepts such appointment thereof.
Wells Fargo, as the retiring Administrative Agent, shall, at the sole cost and expense of the Borrower, take such actions and furnish
such information, documents, instruments and agreements as are customary in its business practices and may be reasonably requested from
time to time by Successor Agent in order to facilitate and complete the transfer of the administrative agency function to the Successor
Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Administrative Agent shall notify the Borrower and the Lenders that no Lender has accepted such appointment, then such resignation
shall nonetheless become effective in accordance with such notice and (1)&nbsp;the Administrative Agent shall be discharged from its duties
and obligations hereunder and under the other Loan Documents and (2) all payments, communications and determinations provided to be made
by, to or through the Administrative Agent shall instead be made to each Lender and each applicable Issuing Bank directly, until such
time as a successor Administrative Agent has been appointed as provided for above in this Section; provided, further that such Lenders
and such Issuing Bank so acting directly shall be and be deemed to be protected by all indemnities and other provisions herein for the
benefit and protection of the Administrative Agent as if each such Lender or such Issuing Bank were itself the Administrative Agent. Upon
the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent pursuant to the terms of clause
(a) or (b) above, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges
and duties of the current Administrative Agent, and the current Administrative Agent shall be discharged from its duties and obligations
under the Loan Documents. Any resignation by an Administrative Agent shall also constitute the resignation as an Issuing Bank and as the
Swingline Lender by the Lender then acting as Administrative Agent (the &#8220;Resigning Lender&#8221;). Upon the acceptance of a successor&#8217;s
appointment as Administrative Agent hereunder (i)&nbsp;the Resigning Lender shall be discharged from all duties and obligations of an
Issuing Bank and the Swingline Lender hereunder and under the other Loan Documents and (ii)&nbsp;any successor Issuing Bank shall issue
letters of credit in substitution for all Letters of Credit issued by the Resigning Lender as an Issuing Bank outstanding at the time
of such succession (which letters of credit issued in substitutions shall be deemed to be Letters of Credit issued hereunder) or make
other arrangements satisfactory to the Resigning Lender to effectively assume the obligations of the Resigning Lender with respect to
such Letters of Credit. After any Administrative Agent&#8217;s resignation or removal hereunder as Administrative Agent pursuant to the
terms of clause (a) or (b) above, the provisions of this Article XII. shall continue to inure to its benefit as to any actions taken or
omitted to be taken by it while it was Administrative Agent under the Loan Documents. Notwithstanding anything contained herein to the
contrary, the Administrative Agent may assign its rights and duties under the Loan Documents to any of its Affiliates by giving the Borrower
and each Lender prior written notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 12.9. Titled
Agents.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each of the Lead Arrangers,
the Syndication Agents and the Documentation Agent (each a &#8220;Titled Agent&#8221;) in each such respective capacity, assumes no responsibility
or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the Loans, nor any duties as
an agent hereunder for the Lenders. The titles given to the Titled Agents are solely honorific and imply no fiduciary responsibility on
the part of the Titled Agents to the Administrative Agent, any Issuing Bank, any Lender, the Parent, the Borrower or any other Loan Party
and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle
the Titled Agents to any rights other than those to which any other Lender is entitled.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 12.10. Collateral
Matters.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In relation to any Liens in
the Collateral to secure the Obligations granted on the First Amendment Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Lender Party (including, by accepting the benefits thereof, each Specified Derivatives Provider) hereby authorizes the Administrative
Agent, without the necessity of any notice to or further consent from any Lender Party, from time to time prior to an Event of Default,
to take any action with respect to any Collateral or Loan Documents which may be necessary to perfect and maintain perfected the Liens
upon the Collateral granted pursuant to any of the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Lenders hereby authorize the Administrative Agent, at its option and in its discretion, to release any Lien granted to or held by the
Administrative Agent upon any Collateral (i) upon termination of the Commitments and indefeasible payment and satisfaction in full of
all of the Obligations; (ii) upon the Security Release Date or as otherwise expressly permitted by the terms of the applicable Loan Document;
or (iii) if approved, authorized or ratified in writing by the Lenders required to so approve in accordance with the terms of this Agreement.
Upon request by the Administrative Agent at any time, the Lenders will confirm in writing the Administrative Agent&#8217;s authority to
release particular types or items of Collateral pursuant to this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything set forth herein (including Section 8.17(b)), (i) the Administrative Agent shall not be required to execute any such document
on terms which, in the Administrative Agent&#8217;s opinion, would expose the Administrative Agent to liability or create any obligation
or entail any consequence other than the release of such Liens without recourse or warranty and (ii) any release of the Collateral (or
any portion thereof) shall not in any manner discharge, affect or impair the Obligations or any Liens upon (or obligations of the Borrower
or any other Loan Party in respect of) all interests retained by the Borrower or any other Loan Party, including (without limitation)
the proceeds of such sale or transfer, all of which shall continue to constitute part of the Collateral to the extent provided in the
Pledge Agreement. In the event of any sale or transfer of Collateral, or any foreclosure with respect to any of the Collateral, the Administrative
Agent shall be authorized to deduct all of the expenses reasonably incurred by the Administrative Agent from the proceeds of any such
sale, transfer or foreclosure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall have no obligation whatsoever to the Lender Parties or to any other Person to assure that the Collateral exists
or is owned by the Borrower or any other Loan Party or is cared for, protected or insured or that the Liens granted to the Administrative
Agent pursuant to any of the Loan Documents have been properly or sufficiently or lawfully created, perfected, protected or enforced or
are entitled to any particular priority, or to exercise or to continue exercising at all or in any manner or under any duty of care, disclosure
or fidelity any of the rights, authorities and powers granted or available to the Administrative Agent in this Section or in any of the
Loan Documents, it being understood and agreed that in respect of the Collateral, or any act, omission or event related thereto, the Administrative
Agent may act in any manner it may deem appropriate, in its sole discretion but subject to the terms and conditions of the Loan Documents,
and that the Administrative Agent shall have no duty or liability whatsoever to the Lender Parties, except to the extent resulting from
its gross negligence or willful misconduct as determined by a court of competent jurisdiction in a final, non-appealable judgment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.11.
Administrative Agent May File Bankruptcy Disclosure and Proofs of Claim.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In the case of the
pendency of any proceeding under any Debtor Relief Laws relative to any Loan Party, Administrative Agent (irrespective of whether
the principal of any Loan shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of
whether 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:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
file a verified statement pursuant to rule 2019 of the Federal Rules of Bankruptcy Procedure that, in its sole opinion, complies with
such rule&#8217;s disclosure requirements for entities representing more than one creditor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans 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
and Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of Administrative
Agent and its respective agents and counsel and all other amounts due Administrative Agent under this Agreement allowed in such judicial
proceeding; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">and any custodian, receiver, assignee, trustee,
liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender to make such payments
to Administrative Agent and, in the event that Administrative Agent shall consent to the making of such payments directly to the Lenders,
to pay to Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of Administrative
Agent and its agents and counsel, and any other amounts due Administrative Agent under this Agreement. To the extent that the payment
of any such compensation, expenses, disbursements and advances of Administrative Agent, its agent and counsel, and any other amounts due
Administrative Agent under this Agreement out of the estate in any such proceeding, shall be denied for any reason, payment of the same
shall be secured by a Lien on, and shall be paid out of, any and all distributions, dividends, money securities and other properties that
the Lenders may be entitled to receive in such proceeding whether in liquidation or under any plan of reorganization or arrangement or
otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Nothing contained herein shall
be deemed to authorize Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization,
arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or to authorize Administrative Agent to vote
in respect of the claim of any Lender in any such proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article XIII. Miscellaneous</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.1.
Notices.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Unless otherwise provided
herein (including without limitation as provided in Section&nbsp;9.5.), communications provided for hereunder shall be in writing and
shall be mailed, telecopied, or delivered as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If to the Borrower and/or
the Parent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">DiamondRock Hospitality Limited Partnership</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">2 Bethesda Metro Center, Suite 1400</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Bethesda, Maryland 20814</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Attn: Chief Financial Officer and General Counsel</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Telephone: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240-744-1190</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Telecopy: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240-744-1199</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in"></P>

<!-- Field: Split-Segment; Name: a13 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">with a copy to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Willkie Farr &amp; Gallagher LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">787 Seventh Ave.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">New York, New York 10019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Attn: David Drewes</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.7in; text-align: left">Telephone:</TD><TD STYLE="text-align: justify">212-728-8653</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.7in; text-align: left">Telecopy:</TD><TD STYLE="text-align: justify">212-728-9653</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">If to the Administrative Agent under
Article II:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Wells Fargo Bank, National Association</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Minneapolis Loan Center</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">600 South 4<SUP>th</SUP> Street, 9<SUP>th</SUP>
Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Minneapolis, Minnesota 55415</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Attn: Marsha Rouch</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.7in; text-align: left">Telecopier:</TD><TD STYLE="text-align: justify">866-968-5589</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.7in; text-align: left">Telephone:</TD><TD STYLE="text-align: justify">612-667-1098</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">If to the Administrative Agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Wells Fargo Bank, National Association</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">1750 H Street, NW, #550</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Washington, D.C. 20006</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Attention:&nbsp; Mark F. Monahan</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.7in; text-align: left">Telecopier:</TD><TD STYLE="text-align: justify">202-429-2589</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.7in; text-align: left">Telephone:</TD><TD STYLE="text-align: justify">202-303-3017</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">with a copy to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Wells Fargo Bank, National Association</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">301 S. College Street, 4th Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Charlotte, NC 28202</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">MAC D1053-04N</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Attention: Lisa Rossin</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.7in; text-align: left">Telecopier:</TD><TD STYLE="text-align: justify">704-715-1468</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.7in; text-align: left">Telephone:</TD><TD STYLE="text-align: justify">704-715-4858</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">If to an Issuing Bank:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">To the address(es) of such Issuing Bank
set forth on Schedule 13.1. hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If to any other Lender:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">To such Lender&#8217;s address or telecopy
number as set forth in the applicable Administrative Questionnaire.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">or, as to each party at such other address
as shall be designated by such party in a written notice to the other parties delivered in compliance with this Section; provided, a
Lender or an Issuing Bank shall only be required to give notice of any such other address to the Administrative Agent and the
Borrower. All such notices and other communications shall be effective (i)&nbsp;if mailed or sent by overnight courier, upon the
first to occur of receipt or the expiration of 3 days after the deposit in the United States Postal Service mail, postage prepaid
and addressed to the address of the Parent or the Borrower or the Administrative Agent, the Issuing Banks and Lenders at the
addresses specified; (ii)&nbsp;if telecopied, when transmitted; (iii)&nbsp;if hand delivered, when delivered; or (iv) if delivered
in accordance with Section&nbsp;9.5. to the extent applicable; provided, however, that, in the case of the immediately preceding
clauses (i), (ii) and (iii), non-receipt of any communication as of the result of any change of address of which the sending party
was not notified or as the result of a refusal to accept delivery shall be deemed receipt of such communication. Notwithstanding the
immediately preceding sentence, all notices or communications to the Administrative Agent, any Issuing Bank or any Lender under
Article&nbsp;II. shall be effective only when actually received. None of the Administrative Agent, any Issuing Bank or any Lender
shall incur any liability to any Loan Party (nor shall the Administrative Agent incur any liability to the Issuing Banks or the
Lenders) for acting upon any telephonic notice referred to in this Agreement which the Administrative Agent, such Issuing Bank or
such Lender, as the case may be, believes in good faith to have been given by a Person authorized to deliver such notice or for
otherwise acting in good faith hereunder. Failure of a Person designated to get a copy of a notice to receive such copy shall not
affect the validity of notice properly given to another Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.2.
Expenses.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower agrees
(a)&nbsp;to pay or reimburse the Administrative Agent for all of its reasonable out-of-pocket costs and expenses incurred in
connection with the preparation, negotiation and execution of, and any amendment, supplement or modification to, any of the Loan
Documents (including due diligence expenses and reasonable travel expenses related to closing), and the consummation of the
transactions contemplated hereby and thereby, including the reasonable and documented fees and disbursements of counsel to the
Administrative Agent and all costs and expenses of the Administrative Agent in connection with the use of IntraLinks, SyndTrak or
other similar information transmission systems in connection with the Loan Documents and any costs and expenses relating to the
management of the Collateral, (b)&nbsp;to pay or reimburse the Administrative Agent, the Issuing Banks and the Lenders for all their
reasonable costs and expenses incurred in connection with the enforcement or preservation of any rights under the Loan Documents and
the Fee Letters, including the reasonable and documented fees and disbursements of their respective counsel (including the allocated
fees and expenses of in-house counsel) and any payments in indemnification or otherwise payable by the Lenders to the Administrative
Agent pursuant to the Loan Documents, including but not limited to, the foreclosure upon, or seizure of, any Collateral or exercise
of any other rights of a secured party, (c)&nbsp;to pay, and indemnify and hold harmless the Administrative Agent, the Issuing Banks
and the Lenders from, any and all recording and filing fees and any and all liabilities with respect to, or resulting from any
failure to pay or delay in paying, documentary, stamp, excise and other similar taxes, if any, which may be payable or determined to
be payable in connection with the execution and delivery of any of the Loan Documents, or consummation of any amendment, supplement
or modification of, or any waiver or consent under or in respect of, any Loan Document and (d)&nbsp;to the extent not already
covered by any of the preceding subsections, to pay or reimburse the documented fees and disbursements of counsel to the
Administrative Agent, any Issuing Bank and any Lender incurred in connection with the representation of the Administrative Agent,
such Issuing Bank or such Lender in any matter relating to or arising out of any bankruptcy or other proceeding of the type
described in Sections&nbsp;11.1.(f) or 11.1.(g), including, without limitation (i)&nbsp;any motion for relief from any stay or
similar order, (ii)&nbsp;the negotiation, preparation, execution and delivery of any document relating to the Obligations and
(iii)&nbsp;the negotiation and preparation of any debtor&#45;in&#45;possession financing or any plan of reorganization of the
Borrower or any other Loan Party, whether proposed by the Borrower, such Loan Party, the Lenders or any other Person, and whether
such fees and expenses are incurred prior to, during or after the commencement of such proceeding or the confirmation or conclusion
of any such proceeding. If the Borrower shall fail to pay any amounts required to be paid by it pursuant to this Section, the
Administrative Agent and/or the Lenders may pay such amounts on behalf of the Borrower and such amounts shall be deemed to be
Obligations owing hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.3.
Setoff.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Subject to Section 3.3. and
in addition to any rights now or hereafter granted under Applicable Law and not by way of limitation of any such rights, the Borrower
hereby authorizes the Administrative Agent, each Issuing Bank, each Lender, each Affiliate of the Administrative Agent, any Issuing Bank
or any Lender, and each Participant (but not Affiliates of a Participant), at any time or from time to time, to the fullest extent permitted
by Applicable Law, while an Event of Default exists, without notice to the Borrower or to any other Person, any such notice being hereby
expressly waived, but in the case of an Issuing Bank, a Lender, an Affiliate of an Issuing Bank or a Lender, or a Participant, subject
to receipt of the prior written consent of the Requisite Lenders exercised in their sole discretion, to set off and to appropriate and
to apply any and all deposits (general or special, including, but not limited to, indebtedness evidenced by certificates of deposit, whether
matured or unmatured) and any other indebtedness at any time held or owing by the Administrative Agent, such Issuing Bank, such Lender,
any Affiliate of the Administrative Agent, such Issuing Bank or such Lender, or such Participant, to or for the credit or the account
of the Borrower against and on account of any of the Obligations, irrespective of whether or not any or all of the Loans and all other
Obligations have been declared to be, or have otherwise become, due and payable as permitted by Section&nbsp;11.2., and although such
Obligations shall be contingent or unmatured. Notwithstanding anything to the contrary in this Section, if any Defaulting Lender shall
exercise any such right of setoff, (x)&nbsp;all amounts so set off shall be paid over immediately to the Administrative Agent for further
application in accordance with the provisions of Section&nbsp;3.9. and, pending such payment, shall be segregated by such Defaulting Lender
from its other funds and deemed held in trust for the benefit of the Administrative Agent, the Issuing Banks and the Lenders and (y)&nbsp;the
Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing
to such Defaulting Lender as to which it exercised such right of setoff. Each Lender and the Issuing Banks agree to make reasonable efforts
to notify the Borrower promptly after any such setoff and application, provided that the failure to give such notice shall not affect
the validity of such setoff and application.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.4.
Litigation; Jurisdiction; Other Matters; Waivers.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EACH
PARTY HERETO ACKNOWLEDGES THAT ANY DISPUTE OR CONTROVERSY BETWEEN OR AMONG THE PARENT, THE BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT>
AGENT, ANY ISSUING BANK OR ANY OF THE LENDERS WOULD BE BASED ON DIFFICULT AND COMPLEX ISSUES OF LAW AND FACT AND WOULD RESULT IN DELAY
AND EXPENSE TO THE PARTIES. ACCORDINGLY, TO THE EXTENT PERMITTED BY APPLICABLE LAW, EACH OF THE LENDERS, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT>
AGENT, THE ISSUING BANKS, THE PARENT AND THE BORROWER HEREBY WAIVES ITS RIGHT TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING OF ANY KIND
OR NATURE IN ANY COURT OR TRIBUNAL IN WHICH AN ACTION MAY BE COMMENCED BY OR AGAINST ANY PARTY HERETO ARISING OUT OF THIS AGREEMENT, THE
NOTES, ANY OTHER LOAN DOCUMENT OR THE FEE LETTERS OR BY REASON OF ANY OTHER SUIT, CAUSE OF ACTION OR DISPUTE WHATSOEVER BETWEEN OR AMONG
THE PARENT, THE BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT> AGENT, ANY ISSUING BANK OR ANY OF THE LENDERS
OF ANY KIND OR NATURE RELATING TO ANY OF THE LOAN DOCUMENTS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EACH
OF THE PARENT, THE BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT> AGENT, EACH ISSUING BANK AND EACH
LENDER HEREBY AGREES THAT THE FEDERAL DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK AND ANY STATE COURT LOCATED IN THE BOROUGH
OF MANHATTAN OF NEW YORK, NEW YORK SHALL HAVE EXCLUSIVE JURISDICTION TO HEAR AND DETERMINE ANY CLAIMS OR DISPUTES BETWEEN OR AMONG
THE PARENT, THE BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT> AGENT, ANY ISSUING BANK OR ANY OF THE
LENDERS, ARISING OUT OF THIS AGREEMENT, ANY OTHER LOAN DOCUMENT OR THE FEE LETTERS <FONT STYLE="font-variant: small-caps">OR IN
CONNECTION WITH </FONT>OR BY REASON OF ANY OTHER SUIT, CAUSE OF ACTION OR DISPUTE WHATSOEVER BETWEEN OR AMONG THE PARENT, THE
BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE </FONT>AGENT, ANY ISSUING BANK OR ANY OF THE LENDERS OF ANY KIND
OR NATURE RELATING TO ANY OF THE LOAN DOCUMENTS. THE PARENT, THE BORROWER, EACH ISSUING BANK AND EACH OF THE LENDERS EXPRESSLY
SUBMIT AND CONSENT IN ADVANCE TO SUCH JURISDICTION IN ANY ACTION OR PROCEEDING COMMENCED IN SUCH COURTS. EACH PARTY FURTHER WAIVES
ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT SUCH ACTION
OR PROCEEDING WAS BROUGHT IN AN INCONVENIENT FORUM AND EACH AGREES NOT TO PLEAD OR CLAIM THE SAME. THE CHOICE OF FORUM SET FORTH IN
THIS SECTION SHALL NOT BE DEEMED TO PRECLUDE THE BRINGING OF ANY ACTION BY THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE </FONT>AGENT,
ANY ISSUING BANK OR ANY LENDER REGARDING THE ENFORCEMENT BY THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT> AGENT,
ANY ISSUING BANK OR ANY LENDER OF ANY JUDGMENT OBTAINED IN SUCH FORUM IN ANY OTHER APPROPRIATE JURISDICTION.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE
PROVISIONS OF THIS SECTION HAVE BEEN CONSIDERED BY EACH PARTY WITH THE ADVICE OF COUNSEL AND WITH A FULL UNDERSTANDING OF THE LEGAL CONSEQUENCES
THEREOF, AND SHALL SURVIVE THE PAYMENT OF THE LOANS AND ALL OTHER AMOUNTS PAYABLE HEREUNDER OR UNDER THE OTHER LOAN DOCUMENTS, THE TERMINATION
OR EXPIRATION OF ALL LETTERS OF CREDIT AND THE TERMINATION OF THIS AGREEMENT.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.5.
Successors and Assigns.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successors
and Assigns Generally</U>. 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, except that neither the Parent or the Borrower may assign or otherwise transfer any
of its rights or obligations hereunder without the prior written consent of the Administrative Agent and each Lender and no Lender may
assign or otherwise transfer any of its rights or obligations hereunder except (i)&nbsp;to an Eligible Assignee in accordance with the
provisions of the immediately following subsection&nbsp;(b), (ii)&nbsp;by way of participation in accordance with the provisions of the
immediately following subsection&nbsp;(d) or (iii)&nbsp;by way of pledge or assignment of a security interest subject to the restrictions
of the immediately following subsection&nbsp;(e) (and, subject to the last sentence of the immediately following subsection (b), any other
attempted assignment or transfer by any party hereto shall be null and void). 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, Participants
to the extent provided in the immediately following subsection&nbsp;(d) and, to the extent expressly contemplated hereby, the Related
Parties of the Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignments
by Lenders</U>. Any Lender may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under
this Agreement (including all or a portion of its Commitments and the Loans at the time owing to it); <U>provided</U> that any such assignment
shall be subject to the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Minimum
Amounts</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of an assignment of the entire remaining amount of an assigning Revolving Lender&#8217;s Revolving Commitment and the Revolving
Loans at the time owing to it, or, if applicable, in the case of an assignment of the entire remaining amount of an assigning Term Loan
Lender&#8217;s Term Loans, or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount
need be assigned; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
any case not described in the immediately preceding subsection&nbsp;(A), the aggregate amount of a specific Class of Commitments (which
for this purpose includes Loans outstanding thereunder) or, if the applicable Class of Commitment is not then in effect, the principal
outstanding balance of the applicable Class of Loans of the assigning Lender subject to each such assignment (in each case, determined
as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if &#8220;Trade
Date&#8221; is specified in the Assignment and Assumption, as of the Trade Date) shall not be less than $5,000,000 in the case of any
assignment of a Commitment or Loans, unless each of the Administrative Agent and, so long as no Default or Event of Default shall exist,
the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed); provided, however, that if, after giving
effect to such assignment, the amount of the Commitments of a specific Class held by such assigning Lender or, if the applicable Commitment
is not then in effect, the outstanding principal balance of the Loans of such Class of such assigning Lender, as applicable, would be
less than $5,000,000, then such assigning Lender shall assign the entire amount of its Commitment and the Loans of such Class at the time
owing to it.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Proportionate
Amounts</U>. Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender&#8217;s rights
and obligations under this Agreement with respect to the Loan or the Commitment assigned, except that this clause (ii) shall not prohibit
any Lender from assigning all or a portion of its rights and obligations among separate Classes of Commitments or Loans on a non-pro rata
basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Required
Consents</U>. No consent shall be required for any assignment except to the extent required by clause&nbsp;(i)(B) of this subsection&nbsp;(b)
and, in addition:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
consent of the Borrower (such consent not to be unreasonably withheld or delayed) shall be required unless (x)&nbsp;a Default or Event
of Default shall exist at the time of such assignment or (y)&nbsp;such assignment is to a Lender of the same Class of Commitments or Loans,
to an Affiliate of such Lender or an Approved Fund in respect of such Lender; provided that the Borrower shall be deemed to have consented
to any such assignment unless it shall object thereto by written notice to the Administrative Agent within 10&nbsp;Business Days after
having received notice thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed) shall be required for assignments in respect
of (x) a Commitment if such assignment is to a Person that is not already a Lender of the same Class of Commitments, an Affiliate of such
a Lender or an Approved Fund in respect of such a Lender with respect to such Lender or (y) any Term Loan or, if the Revolving Commitments
have been terminated, any Revolving Loan to a Person who is not a Lender, an Affiliate of a Lender or an Approved Fund; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the consent of the Issuing Banks and the Swingline Lender (such consent not to be unreasonably withheld or delayed), as applicable, shall
be required for any assignment in respect of a Revolving Commitment; provided, however, that no such consent is required if such assignment
is to a Person that is already a Revolving Lender with a Revolving Commitment, an Affiliate of such Revolving Lender or an Approved Fund
with respect to such Revolving Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignment
and Assumption; Notes</U>. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption,
together with a processing and recordation fee of $4,500 for each assignment (which fee the Administrative Agent may, in its sole discretion,
elect to waive), and the assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. If
requested by the transferor Lender or the assignee, upon the consummation of any assignment, the transferor Lender, the Administrative
Agent and the Borrower shall make appropriate arrangements so that new Notes are issued to the assignee and such transferor Lender, as
appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Assignment to Certain Person</U>. No such assignment shall be made to (A)&nbsp;the Borrower or any of the Borrower&#8217;s Affiliates
or Subsidiaries or (B)&nbsp;to any Defaulting Lender or any of its Subsidiaries, or to any Person who, upon becoming a Lender hereunder,
would constitute any of the foregoing Persons described in this clause&nbsp;(B).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Assignment to Natural Persons</U>. No such assignment shall be made to a natural person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Additional Payments</U>. In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment
shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall
make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate
(which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including
funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but
not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and
satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the Issuing Banks, the Swingline
Lender and each other Lender hereunder (and interest accrued thereon), and (y) acquire (and fund as appropriate) its full pro rata share
of all Loans and participations in Letters of Credit and Swingline Loans in accordance with its Revolving Commitment Percentage and such
that all Term Loans are held by the Term Loan Lenders pro rata as if there had been no Defaulting Lenders that are Term Loan Lenders.
Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become
effective under Applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed
to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Subject to acceptance and recording thereof
by the Administrative Agent pursuant to the immediately following subsection&nbsp;(c), from and after the effective date specified
in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest
assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning
Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations
under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender&#8217;s rights and
obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of
Sections&nbsp;5.4., 13.2. and 13.9. and the other provisions of this Agreement and the other Loan Documents as provided in
Section&nbsp;13.10. with respect to facts and circumstances occurring prior to the effective date of such assignment; provided, that
except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a
waiver or release of any claim of any party hereunder arising from that Lender having been a Defaulting Lender. Any assignment or
transfer by a Lender of rights or obligations under this Agreement that does not comply with this paragraph 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 the
immediately following subsection&nbsp;(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Register</U>.
The Administrative Agent, acting solely for this purpose as a non-fiduciary agent of the Borrower, shall maintain at the Principal Office
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 Commitments of, and principal amounts (and stated interest) of the Loans owing to, each Lender pursuant to the terms hereof from
time to time (the &#8220;Register&#8221;). The entries in the Register shall be conclusive absent manifest error, and the Borrower, the
Administrative Agent 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. The Register shall be available for inspection by the Borrower and any Lender, at
any reasonable time and from time to time upon reasonable prior notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Participations</U>.
Any Lender may at any time, without the consent of, or notice to, the Parent, the Borrower or the Administrative Agent, sell
participations to any Person (other than a natural person or the Borrower or any of their respective Affiliates or Subsidiaries)
(each, a &#8220;Participant&#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 Commitment and/or the Loans owing to it); provided that (i)&nbsp;such Lender&#8217;s obligations
under this Agreement shall remain unchanged, (ii)&nbsp;such Lender shall remain solely responsible to the other parties hereto for
the performance of such obligations and (iii)&nbsp;the Parent, the Borrower, the Administrative Agent, the Issuing Banks and the
Lenders shall continue to deal solely and directly with such Lender in connection with such Lender&#8217;s rights and obligations
under this Agreement. Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such
Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision
of this Agreement; <U>provided</U> that such agreement or instrument may provide that such Lender will not, without the consent of
the Participant, agree to (w)&nbsp;increase such Lender&#8217;s Commitment, (x)&nbsp;extend the date fixed for the payment of
principal on the Loans or portions thereof owing to such Lender, (y)&nbsp;reduce the rate at which interest is payable thereon or
(z)&nbsp;release any Guarantor from its Obligations under the Guaranty except as contemplated by Section&nbsp;8.13.(b), in each
case, as applicable to that portion of such Lender&#8217;s rights and/or obligations that are subject to the participation. The
Borrower agrees that each Participant shall be entitled to the benefits of Sections&nbsp;3.10., 5.1., 5.4. (subject to the
requirements and limitations therein, including the requirements under Section&nbsp;3.10.(g) (it being understood that the
documentation required under Section&nbsp;3.10.(g) shall be delivered to the participating Lender)) to the same extent as if it were
a Lender and had acquired its interest by assignment pursuant to subsection&nbsp;(b) of this Section; <U>provided</U> that such
Participant (A) agrees to be subject to the provisions of Section&nbsp;5.8. as if it were an assignee under subsection&nbsp;(b) of
this Section; and (B) shall not be entitled to receive any greater payment under Sections&nbsp;5.1. or 3.10., with respect to any
participation, than its participating Lender would have been entitled to receive, except to the extent such entitlement to receive a
greater payment results from a Regulatory Change that occurs after the Participant acquired the applicable participation. 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&nbsp;5.8. with respect to any Participant. To the extent permitted by
Applicable Law, each Participant also shall be entitled to the benefits of Section&nbsp;13.3. as though it were a Lender, provided
such Participant agrees to be subject to Section&nbsp;3.3. as though it were a Lender. Each Lender that sells a participation shall,
acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address
of each Participant and the principal amounts (and stated interest) of each Participant&#8217;s interest in the Loans or other
obligations under the Loan Documents (the &#8220;Participant Register&#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 any 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. The entries in
the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded
in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the
contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no
responsibility for maintaining a Participant Register.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Pledges</U>. Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement
to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that
no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee
for such Lender as a party hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Registration</U>. Each Lender agrees that, without the prior written consent of the Borrower and the Administrative Agent, it will not
make any assignment hereunder in any manner or under any circumstances that would require registration or qualification of, or filings
in respect of, any Loan or Note under the Securities Act or any other securities laws of the United States of America or of any other
jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.6.
Amendments and Waivers.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Generally</U>.
Except as otherwise expressly provided in this Agreement, (i) any consent or approval required or permitted by this Agreement or in any
other Loan Document to be given by the Lenders may be given, (ii) any term of this Agreement or of any other Loan Document may be amended,
(iii) the performance or observance by the Parent, the Borrower, any other Loan Party or any other Subsidiary of any terms of this Agreement
or such other Loan Document may be waived, and (iv) the continuance of any Default or Event of Default may be waived (either generally
or in a particular instance and either retroactively or prospectively) with, but only with, the written consent of the Requisite Lenders
(or the Administrative Agent at the written direction of the Requisite Lenders), and, in the case of an amendment to any Loan Document,
the written consent of each Loan Party which is party thereto. Any term of this Agreement or of any other Loan Document relating solely
to the rights or obligations of the Lenders of a particular Class, and not Lenders of any other Class, may be amended, and the performance
or observance by the Borrower or any other Loan Party or any Subsidiary of any such terms may be waived (either generally or in a particular
instance and either retroactively or prospectively) with, and only with, the written consent of the Requisite Class Lenders for such Class
of Lenders (and, in the case of an amendment to any Loan Document, the written consent of each Loan Party which is a party thereto). Notwithstanding
anything to the contrary contained in this Section, each Fee Letter may only be amended, and the performance or observance by any Loan
Party thereunder may only be waived, in a writing executed by the parties thereto. Notwithstanding anything to the contrary contained
in this Section, the Administrative Agent and the Borrower may, without the consent of any Lender, enter into amendments or modifications
to this Agreement or any of the other Loan Documents or enter into additional Loan Documents as the Administrative Agent reasonably deems
appropriate in order to implement any Benchmark Replacement, Benchmark Replacement Adjustment or Benchmark Conforming Changes or otherwise
effectuate the terms of Section 5.2. in accordance with the terms of Section 5.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Lender Consents</U>. In addition to the foregoing requirements, no amendment, waiver or consent shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;increase
(or reinstate) the Commitment of a Lender or subject a Lender to any additional obligations without the written consent of such Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;reduce
the principal of, or interest that has accrued or the rates of interest that will be charged on the outstanding principal amount of, any
Loans or other Obligations without the written consent of each Lender directly affected thereby; provided, however, only the written consent
of the Requisite Lenders shall be required for the waiver of interest payable at the Post-Default Rate, retraction of the imposition of
interest at the Post-Default Rate and amendment of the definition of &#8220;Post-Default Rate&#8221;;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;reduce
the amount of any Fees payable to a Lender hereunder or postpone any date fixed for payment thereof without the written consent of such
Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definitions of &#8220;Revolving Commitment Percentage&#8221; without the written consent of each Revolving Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definition of &#8220;Revolving Termination Date&#8221; or clause (a) of the definition of &#8220;Termination Date&#8221; (in each
case, except in accordance with Section&nbsp;2.13.) or otherwise postpone any date fixed for any payment of principal of, or interest
on, any Revolving Loans or for the payment of Fees or any other Obligations (including the waiver of any Default or Event of Default as
a result of the nonpayment of any such Obligations as and when due) owing to the Revolving Lenders, or extend the expiration date of any
Letter of Credit beyond the Revolving Termination Date (except in accordance with Section 2.2(b)), in each case, without the written consent
of each Revolving Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definitions of &#8220;Term Loan Maturity Date&#8221; or clause (b) of the definition of &#8220;Termination Date&#8221; or otherwise
postpone any date fixed for, or forgive any payment of principal of, or interest on, any Term Loans or for the payment of Fees or any
other Obligations owing to the Term Loan Lenders, in each case, without the written consent of each Term Loan Lender directly affected
thereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;while
any Term Loans are outstanding, amend, modify or waive (A) Section 6.2. or any other provision of this Agreement if the effect of such
amendment, modification or waiver is to require the Revolving Lenders to make Revolving Loans when such Lenders would not otherwise be
required to do so, (B) the amount of the Swingline Commitment or (C) the L/C Commitment Amount, in each case, without the prior written
consent of the Requisite Class Lenders of the Revolving Lenders;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definition of &#8220;Pro Rata Share&#8221; or amend or otherwise modify the provisions of Section&nbsp;3.2., in each case, without
the written consent of each affected Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amend
this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect
the substance of this Section, in each case, without the written consent of each Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definition of the term &#8220;Requisite Lenders&#8221; or, except as otherwise provided in the immediately following clause
(xi), modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights
hereunder or to modify any provision hereof, in each case, without the written consent of each Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definition of the term &#8220;Requisite Class Lenders&#8221; as it relates to a particular Class of Lenders or modify in any other
manner the number or percentage of a Class of Lenders required to make any determination or waive any rights hereunder or to modify any
provision hereof, in each case, solely with respect to such Class of Lenders, without the written consent of each Lender in such Class;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;release
the Parent as a Guarantor or any other Guarantor from its obligations under the Guaranty except as contemplated by Section&nbsp;8.15.,
without the written consent of each Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xiii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;waive
a Default or Event of Default under Section&nbsp;11.1.(a) or Section&nbsp;11.1.(b), in each case, without the written consent of each
Lender directly affected thereby; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xiv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amend,
or waive the Borrower&#8217;s compliance with, Section&nbsp;2.15., in each case, without the written consent of each Revolving Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendment
of Administrative Agent&#8217;s Duties, Etc</U>. No amendment, waiver or consent unless in writing and signed by the Administrative Agent,
in addition to the Lenders required hereinabove to take such action, shall affect the rights or duties of the Administrative Agent under
this Agreement or any of the other Loan Documents. Any amendment, waiver or consent relating to Section&nbsp;2.3. or the obligations of
the Issuing Banks under this Agreement or any other Loan Document shall, in addition to the Lenders required hereinabove to take such
action, require the written consent of the Issuing Banks. Any amendment, waiver or consent relating to Section 2.4. or the obligations
of the Swingline Lender under this Agreement or any other Loan Document shall, in addition to the Lenders required hereinabove to take
such action, require the written consent of the Swingline Lender. No waiver shall extend to or affect any obligation not expressly waived
or impair any right consequent thereon and any amendment, waiver or consent shall be effective only in the specific instance and for the
specific purpose set forth therein. Notwithstanding anything to the contrary herein, no Defaulting Lender 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 Lenders or each affected Lender may be effected with the consent of the applicable Lenders other than Defaulting Lenders), except
that (x) the Commitments of any Defaulting Lender may not be increased, reinstated or extended without the written consent of such Defaulting
Lender and (y) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that by its terms affects
any Defaulting Lender more adversely than other affected Lenders shall require the written consent of such Defaulting Lender. Except as
otherwise provided in Section&nbsp;12.5., no course of dealing or delay or omission on the part of the Administrative Agent or any Lender
in exercising any right shall operate as a waiver thereof or otherwise be prejudicial thereto. Any Event of Default occurring hereunder
shall continue to exist until such time as such Event of Default is waived in writing in accordance with the terms of this Section, notwithstanding
any attempted cure or other action by the Borrower, any other Loan Party or any other Person subsequent to the occurrence of such Event
of Default. Except as otherwise explicitly provided for herein or in any other Loan Document, no notice to or demand upon any Loan Party
shall entitle such Loan Party to other or further notice or demand in similar or other circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Technical
Amendments</U>. Notwithstanding anything to the contrary in this Section&nbsp;13.6., if the Administrative Agent and the Borrower
have jointly identified an ambiguity, omission, mistake or defect in any provision of this Agreement or an inconsistency between
provisions of this Agreement, the Administrative Agent and the Borrower shall be permitted to amend such provision or provisions to
cure such ambiguity, omission, mistake, defect or inconsistency so long as to do so would not adversely affect the interests of the
Lenders and the Issuing Banks. Any such amendment shall become effective without any further action or consent of any other party to
this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.7.
Nonliability of Administrative Agent and Lenders.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The relationship between the
Borrower, on the one hand, and the Lenders, the Issuing Banks and the Administrative Agent, on the other hand, shall be solely that of
borrower and lender. None of the Administrative Agent, any Issuing Bank or any Lender shall have any fiduciary responsibilities to the
Borrower or the Parent and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among
any of the parties hereto, shall be deemed to create any fiduciary duty owing by the Administrative Agent, any Issuing Bank or any Lender
to any Lender, the Borrower, any Subsidiary or any other Loan Party. None of the Administrative Agent, any Issuing Bank or any Lender
undertakes any responsibility to the Borrower or the Parent to review or inform the Borrower or the Parent of any matter in connection
with any phase of the business or operations of the Borrower or the Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.8.
Confidentiality.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative
Agent, each Issuing Bank and each Lender shall maintain the confidentiality of all Information (as defined below) but in any event
may make disclosure: (a)&nbsp;to its Affiliates and to its and its Affiliates&#8217; other respective Related Parties (it being
understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and
instructed to keep such Information confidential); (b)&nbsp;subject to an agreement containing provisions substantially the same as
those of this Section, to (i)&nbsp;any actual or proposed assignee, Participant or other transferee in connection with a potential
transfer of any Commitment or participation therein as permitted hereunder, or (ii)&nbsp;any actual or prospective counterparty (or
its advisors) to any swap or derivative transaction relating to the Borrower and its obligations; (c)&nbsp;as required or requested
by any Governmental Authority or representative thereof or pursuant to legal process or in connection with any legal proceedings, or
as otherwise required by Applicable Law; (d)&nbsp;to the Administrative Agent&#8217;s, such Issuing Bank&#8217;s or such
Lender&#8217;s independent auditors and other professional advisors (provided they shall be notified of the confidential nature of
the information); (e)&nbsp;in connection with the exercise of any remedies under any Loan Document (or any Specified Derivatives
Contract) or any action or proceeding relating to any Loan Document (or any Specified Derivatives Contract) or the enforcement of
rights hereunder or thereunder; (f)&nbsp;to the extent such Information (i)&nbsp;becomes publicly available other than as a result
of a breach of this Section actually known by the Administrative Agent, such Issuing Bank or such Lender to be a breach of this
Section or (ii)&nbsp;becomes available to the Administrative Agent, any Issuing Bank, any Lender or any Affiliate of the
Administrative Agent, any Issuing Bank or any Lender on a nonconfidential basis from a source other than the Borrower or any
Affiliate of the Borrower; (g)&nbsp;to the extent requested by, or required to be disclosed to, any nationally recognized rating
agency or regulatory or similar authority (including any self-regulatory authority, such as the National Association of Insurance
Commissioners) having or purporting to have jurisdiction over it; (h)&nbsp;to bank trade publications, such information to consist
of deal terms and other information customarily found in such publications; (i)&nbsp;to any other party hereto; (j)&nbsp;on a
confidential basis to the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers
with respect to the Loan Documents; and (k)&nbsp;with the consent of the Borrower. Notwithstanding the foregoing, the Administrative
Agent, each Issuing Bank and each Lender may disclose any such confidential information, without notice to the Borrower or any other
Loan Party, to Governmental Authorities in connection with any regulatory examination of the Administrative Agent, such Issuing Bank
or such Lender or in accordance with the regulatory compliance policy of the Administrative Agent, such Issuing Bank or such Lender.
As used in this Section, the term &#8220;Information&#8221; means all information received from the Borrower, any other Loan Party,
any other Subsidiary or Affiliate relating to any Loan Party or any of their respective businesses, other than any such information
that is available to the Administrative Agent, any Lender or any Issuing Bank on a nonconfidential basis prior to disclosure by the
Borrower, any other Loan Party, any other Subsidiary or any Affiliate, provided that, in the case of any such information received
from the Borrower, any other Loan Party, any other Subsidiary or any Affiliate after the date hereof, such information is clearly
identified at the time of delivery as confidential. Any Person required to maintain the confidentiality of Information as provided
in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of
care to maintain the confidentiality of such Information as such Person would accord to its own confidential information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.9.
Indemnification.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower shall indemnify the Administrative Agent (and any sub-agent thereof), the Issuing Banks, each Lender and each Related Party of
any of the foregoing Persons (each such Person being called an &#8220;Indemnified Party&#8221;) against, and hold each Indemnified Party
harmless from, and shall pay or reimburse any such Indemnified Party for, any and all losses, claims (including without limitation, Environmental
Claims), damages, liabilities and related expenses (including without limitation, the fees, charges and disbursements of any counsel for
any Indemnified Party (which counsel may be employees of any Indemnified Party)), incurred by any Indemnified Party or asserted against
any Indemnified Party by any Person (including the Borrower, any other Loan Party or any other Subsidiary) other than such Indemnified
Party and its Related Parties, arising out of, in connection with, or as a result of (i)&nbsp;the execution or delivery of this Agreement,
any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto or thereto
of their respective obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, (ii)&nbsp;any
Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by an Issuing Bank to honor a demand
for payment under a Letter of Credit issued by it if the documents presented in connection with such demand do not strictly comply with
the terms of such Letter of Credit), (iii)&nbsp;any actual or alleged presence or release of Hazardous Materials on or from any property
owned or operated by the Borrower, any other Loan Party or any other Subsidiary, or any Environmental Claim related in any way to the
Borrower, any other Loan Party or any other Subsidiary, (iv)&nbsp;any actual or prospective claim, litigation, investigation or proceeding
(an &#8220;Indemnity Proceeding&#8221;) relating to any of the foregoing, whether based on contract, tort or any other theory, whether
brought by a third party or by the Borrower, any other Loan Party or any other Subsidiary, and regardless of whether any Indemnified Party
is a party thereto, or (v)&nbsp;any claim (including without limitation, any Environmental Claims), investigation, litigation or other
proceeding (whether or not the Administrative Agent, any Issuing Bank or any Lender is a party thereto) and the prosecution and defense
thereof, arising out of or in any way connected with the Loans, this Agreement, any other Loan Document, or any documents contemplated
by or referred to herein or therein or the transactions contemplated hereby or thereby, including without limitation, reasonable attorneys
and consultant&#8217;s fees; provided, however, that such indemnity shall not, as to any Indemnified Party, be available to the extent
that such losses, claims, damages, liabilities or related expenses (i) are determined by a court of competent jurisdiction by final and
nonappealable judgment to have resulted from the gross negligence, bad faith or willful misconduct of such Indemnified Party or (ii) resulted
from any dispute solely between and among Indemnified Parties that does not arise from an act or omission by any Loan Party or any of
its Affiliates (other than with respect to a claim against an Indemnified Party acting in its capacity as Administrative Agent or arranger
or similar role under the Loan Documents); <U>provided</U>, that this Section 13.9.(a) shall not apply with respect to Taxes other than
any Taxes that represent losses or damages arising under any non-Tax claim.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
and to the extent that the obligations of the Borrower under this Section are unenforceable for any reason, the Borrower hereby agrees
to make the maximum contribution to the payment and satisfaction of such obligations which is permissible under Applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower&#8217;s obligations under this Section shall survive any termination of this Agreement and the other Loan Documents and the
payment in full in cash of the Obligations, and are in addition to, and not in substitution of, any of the other obligations set
forth in this Agreement or any other Loan Document to which it is a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">References in this Section&nbsp;13.9. to &#8220;Lender&#8221;
or &#8220;Lenders&#8221; shall be deemed to include such Persons (and their Affiliates) in their capacity as Specified Derivatives Providers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.10.
Termination; Survival.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Agreement shall terminate
at such time as (a)&nbsp;all of the Commitments have been terminated, (b)&nbsp;all Letters of Credit have terminated or expired or been
canceled (other than Extended Letters of Credit in respect of which the Borrower has satisfied the requirements to provide Cash Collateral
as required by Section 2.3.(b)), (c)&nbsp;none of the Lenders is obligated any longer under this Agreement to make any Loans and no Issuing
Bank is obligated any longer under this Agreement to issue Letters of Credit and (d)&nbsp;all Obligations (other than obligations which
survive as provided in the following sentence) have been paid and satisfied in full. The indemnities to which the Administrative Agent,
the Issuing Banks and the Lenders are entitled under the provisions of Sections&nbsp;3.10., 5.1., 5.4., 12.7., 13.2. and 13.9. and any
other provision of this Agreement and the other Loan Documents, and the provisions of Section&nbsp;13.4., shall continue in full force
and effect and shall protect the Administrative Agent, the Issuing Banks and the Lenders (i)&nbsp;notwithstanding any termination of this
Agreement, or of the other Loan Documents, against events arising after such termination as well as before and (ii)&nbsp;at all times
after any such party ceases to be a party to this Agreement with respect to all matters and events existing on or prior to the date such
party ceased to be a party to this Agreement. The Administrative Agent agrees to furnish to the Borrower, upon the Borrower&#8217;s request
and at the Borrower&#8217;s sole cost and expense, any release, termination, or other agreement or document evidencing the foregoing termination.
The provisions of Section 13.9 shall survive termination of this Agreement for a period of one year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.11.
Severability of Provisions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If any provision under this
Agreement or the other Loan Documents shall be determined by a court of competent jurisdiction to be invalid or unenforceable, that provision
shall be deemed severed from the Loan Documents, and the validity, legality and enforceability of the remaining provisions shall remain
in full force as though the invalid, illegal, or unenforceable provision had never been part of the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.12.
GOVERNING LAW.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS AGREEMENT SHALL BE GOVERNED
BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN
SUCH STATE.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.13.
Counterparts.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">To facilitate execution, this
Agreement and any amendments, waivers, consents or supplements may be executed in any number of counterparts as may be convenient or required
(which may be effectively delivered by facsimile, in portable document format (&#8220;PDF&#8221;) or other similar electronic means).
It shall not be necessary that the signature of, or on behalf of, each party, or that the signature of all persons required to bind any
party, appear on each counterpart. All counterparts shall collectively constitute a single document. It shall not be necessary in making
proof of this document to produce or account for more than a single counterpart containing the respective signatures of, or on behalf
of, each of the parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.14.
Obligations with Respect to Loan Parties.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The obligations of the Parent
or the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties as specified herein shall be absolute and
not subject to any defense the Parent or the Borrower may have that the Parent or the Borrower does not control such Loan Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.15.
Independence of Covenants.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">All covenants hereunder shall
be given in any jurisdiction independent effect so that if a particular action or condition is not permitted by any of such covenants,
the fact that it would be permitted by an exception to, or be otherwise within the limitations of, another covenant shall not avoid the
occurrence of a Default or an Event of Default if such action is taken or condition exists.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.16.
Limitation of Liability.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">None of the Administrative
Agent, any Issuing Bank or any Lender, or any Related Party shall have any liability with respect to, and each of the Parent and the Borrower
hereby waives, releases, and agrees not to sue any of them upon, any claim for any special, indirect, incidental, or consequential damages
suffered or incurred by the Borrower in connection with, arising out of, or in any way related to, this Agreement, any of the other Loan
Documents or the Fee Letters, or any of the transactions contemplated by this Agreement or any of the other Loan Documents. Each of the
Parent and the Borrower hereby waives, releases, and agrees not to sue the Administrative Agent, any Issuing Bank or any Lender or any
of the Administrative Agent&#8217;s, any Issuing Bank&#8217;s or any Lender&#8217;s affiliates, officers, directors, employees, attorneys,
or agents for punitive damages in respect of any claim in connection with, arising out of, or in any way related to, this Agreement, any
of the other Loan Documents, the Fee Letters, or any of the transactions contemplated by this Agreement or financed hereby. No Indemnified
Party referred to in Section 13.9. shall be liable for damages arising from the use by unintended recipients of any information or other
materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement
or the other Loan Documents or the transactions contemplated hereby or thereby, except to the extent resulting from such Indemnified Party&#8217;s
gross negligence or willful misconduct (as determined by a court of competent jurisdiction in a final, non-appealable judgment).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.17.
Entire Agreement.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Agreement, the Notes,
the other Loan Documents and the Fee Letters embody the final, entire agreement among the parties hereto and supersede any and all prior
commitments, agreements, representations, and understandings, whether written or oral, relating to the subject matter hereof and thereof
and may not be contradicted or varied by evidence of prior, contemporaneous, or subsequent oral agreements or discussions of the parties
hereto. There are no oral agreements among the parties hereto. To the extent any term of this Agreement is inconsistent with a term of
any other Loan Document to which the parties of this Agreement are party, the term of this Agreement shall control to the extent of such
inconsistency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.18.
Construction.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative
Agent, each Issuing Bank, the Parent, the Borrower and each Lender acknowledge that each of them has had the benefit of legal
counsel of its own choice and has been afforded an opportunity to review this Agreement and the other Loan Documents with its legal
counsel and that this Agreement and the other Loan Documents shall be construed as if jointly drafted by the Administrative Agent,
each Issuing Bank, the Parent, the Borrower and each Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.19.
Headings.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The paragraph and section
headings in this Agreement are provided for convenience of reference only and shall not affect its construction or interpretation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">Section&nbsp;13.20. No Novation.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THE PARTIES HERETO HAVE ENTERED
INTO THIS AGREEMENT SOLELY TO AMEND AND RESTATE THE TERMS OF THE EXISTING CREDIT AGREEMENT. THE PARTIES DO NOT INTEND THIS AGREEMENT OR
THE TRANSACTIONS CONTEMPLATED HEREBY TO BE, AND THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY SHALL NOT BE CONSTRUED TO BE,
A NOVATION OF ANY OF THE OBLIGATIONS OWING BY THE BORROWER UNDER OR IN CONNECTION WITH THE EXISTING CREDIT AGREEMENT OR ANY OF THE OTHER
LOAN DOCUMENTS (AS DEFINED IN THE EXISTING CREDIT AGREEMENT).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">Section&nbsp;13.21. New York Mortgages.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Generally</U>.
The parties hereto acknowledge and agree that as an accommodation to the Parent and the Borrower, the Administrative Agent, the Issuing
Banks and the Lenders may, from time to time, in their sole discretion, accept the benefits of Mortgages encumbering real property located
in the State of New York assigned from time to time pursuant to the terms of this Section to the Administrative Agent, for its benefit
and the benefit of the Issuing Banks and the Lenders (any such Mortgage a &#8220;New York Mortgage&#8221;). Any Lender&#8217;s agreement
to accept the benefit of a New York Mortgage in its sole discretion will be subject to, among other things, such Lender&#8217;s determination
that the real property subject to such Mortgage is not in a special flood hazard area.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignment
of New York Mortgages</U>. In connection with the acceptance of the benefits of a New York Mortgage by the Administrative Agent, the Issuing
Banks and the Lenders, the Borrower shall cause to be delivered to the Administrative Agent each of the following, in form and substance
satisfactory to the Administrative Agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
originals (or if not available, copies) of each outstanding promissory note evidencing the Indebtedness secured by such New York Mortgage,
duly endorsed (by allonge or otherwise) to the order of the Administrative Agent (collectively, &#8220;Existing New York Notes&#8221;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
amended and restated promissory note (each a &#8220;Restated New York Note&#8221;) which amends, restates and, if applicable, consolidates
the applicable Existing New York Notes, which (x)&nbsp;shall be payable to the order of the Administrative Agent for the benefit of itself,
the Issuing Banks and the Lenders, (y)&nbsp;shall be in an initial aggregate principal amount equal to the principal amount of Loans advanced
hereunder in connection with the transfer of such Existing New York Notes to the Administrative Agent for the benefit of itself, the Issuing
Banks and the Lenders and (z) shall incorporate by reference all of the applicable terms and conditions of this Agreement and the other
Loan Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
copy of such New York Mortgage, including all amendments thereto, showing all recording information thereon certified to the knowledge
of an authorized officer of the Borrower as being true, correct and complete;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
assignment of such New York Mortgage, in recordable form, executed by each holder of the Indebtedness secured by such New York Mortgage
(or an authorized agent acting on behalf of each such holder);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
modification to such New York Mortgage executed by the applicable Loan Parties, such modification, among other things, to modify such
New York Mortgage (x)&nbsp;to provide that it secures the applicable Restated New York Note, (y)&nbsp;to provide that the maximum principal
sum of Obligations secured by such New York Mortgage at execution or in the future shall not exceed the initial principal amount of the
applicable Restated New York Note and (z)&nbsp;to include language reasonably satisfactory to the Administrative Agent to the effect that
payments in respect of the Obligations shall not be deemed to reduce the amount of the Obligations secured by such New York Mortgage until
such time as the outstanding principal amount of the Obligations shall have been reduced to the initial principal amount of the applicable
Restated New York Note;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;terminations
of, or assignments and modifications to, any assignment of leases and rents, financing statements and any other document, instrument or
agreement securing the Indebtedness secured by such New York Mortgage, as the Administrative Agent may reasonably request;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
copy of any Phase I or II Environmental Site Assessment report on the Property subject to such New York Mortgage available to the Borrower,
and if reasonably requested by the Administrative Agent, reliance letters from the environmental engineering firms performing such assessments
addressed to the Administrative Agent, the Issuing Banks and the Lenders; provided, however, if such a reliance letter is not provided,
the Administrative Agent, the Issuing Banks and the Lenders shall have no obligation to accept an assignment of such New York Mortgage;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
environmental indemnity agreement executed by the Borrower, the Parent and any other Loan Party that owns or leases the Property encumbered
by such New York Mortgage in favor of the Administrative Agent for its benefit and the benefit of the Issuing Banks and the Lenders and
in a form reasonably acceptable to the Administrative Agent; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
other documents, agreements and instruments as the Administrative Agent on behalf of the Issuing Banks and the Lenders may reasonably
request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Release
of New York Mortgages</U>. Notwithstanding any other provision of this Agreement or any other Loan Document to the contrary, including
without limitation, Section&nbsp;13.7., (i)&nbsp;upon the Borrower&#8217;s written request and at the Borrower&#8217;s sole cost and expense,
the Administrative Agent shall release any or all of the New York Mortgages or assign any or all of the New York Mortgages to any Person
requested by the Borrower (any such assignment to be without recourse or warranty whatsoever) and (ii)&nbsp;the Administrative Agent may
in its discretion or in accordance with the Intercreditor Agreement, and shall at the direction of the Requisite Lenders, release any
or all of the New York Mortgages if the Administrative Agent has, or the Requisite Lenders have, reasonably determined that holding any
of such New York Mortgages could be detrimental to the Administrative Agent or the Lenders, and so long as the Administrative Agent shall
have given the Borrower written notice at least 5 days prior to any such release; provided, however, the Administrative Agent shall not
be required to give any such prior notice to the Borrower if the Administrative Agent, in its sole discretion, has determined that delay
of such release would be detrimental to the Administrative Agent or the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnity</U>.
Not in limitation of any of the Borrower&#8217;s obligations under Section&nbsp;13.2. or 13.10., the Borrower shall and hereby
agrees to indemnify, defend and hold harmless the Administrative Agent, each Issuing Bank, each Lender and each other Indemnified
Party from and against any and all losses, costs, claims, damages, liabilities, deficiencies, judgments or expenses of every kind
and nature (including, without limitation, amounts paid in settlement, court costs and the fees and disbursements of counsel
incurred in connection with any litigation, investigation, claim or proceeding or any advice rendered in connection therewith)
incurred by an Indemnified Party in connection with, arising out of, or by reason of, any Indemnity Proceeding which is in any way
related directly or indirectly to (i)&nbsp;the failure of any Person to pay any recording tax payable pursuant to N.Y. Tax Law, Ch.
60, Art. 11, Sec. 253 et seq. or other Applicable Laws of the State of New York or any political subdivision of such State or
(ii)&nbsp;any New York Mortgage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower represents and warrants that no Property encumbered by a New York Mortgage is located in an area determined by the Federal Emergency
Management Agency to have special flood hazards. If at any time in the future the Borrower becomes aware that any portion of a Property
encumbered by a New York Mortgage is located in an area determined by the Federal Emergency Management Agency as special flood hazard
area, then the Borrower will promptly notify the Administrative Agent. Unless (i) the Borrower promptly obtains flood insurance coverage
required pursuant to the Flood Insurance Laws and takes such other measures relating to such special flood hazard area reasonably requested
by the Administrative Agent and each Lender and (ii) the Borrower, the Administrative Agent and each affected Lender otherwise agree that
the New York Mortgage can continue to be provided under this Section 13.21, the New York Mortgage relating to such Property which is in
a special flood hazard area will be released pursuant to clause (c) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.22.
Acknowledgement and Consent to Bail-In of Affected Financial Institutions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">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 Affected Financial Institution arising under any Loan Document may be subject to the Write-Down and Conversion
Powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which
may be payable to it by any party hereto that is an Affected Financial Institution; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
effects of any Bail-In Action on any such liability, including, if applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
reduction in full or in part or cancellation of any such liability;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
variation of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of the applicable Resolution
Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.23.
Acknowledgement Regarding Any Supported QFCs.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">To the extent that the
Loan Documents provide support, through a guarantee or otherwise, for a Derivatives Contract or any other agreement or instrument
that is a QFC (such support, &#8220;QFC Credit Support&#8221; and each such QFC a &#8220;Supported QFC&#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.S. Special Resolution Regimes&#8221;) in respect of such Supported QFC and QFC Credit Support
(with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to be
governed by the laws of the State of New York and/or of the United States or any other state of the United States):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In the event a Covered Entity
that is party to a Supported QFC (each, a &#8220;Covered Party&#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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.24.
New Lenders; Exiting Lenders.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent,
the Borrower and each Lender agree that upon the Effective Date, the outstanding Revolving Loans and the participation interests of the
Revolving Lenders in any outstanding Letters of Credit and Swingline Loans under the Existing Credit Agreement shall be allocated among
the Revolving Lenders in accordance with their respective Revolving Commitment Percentages calculated based on the Revolving Commitments
of the Revolving Lenders set forth on Schedule I attached hereto (the &#8220;Post-Amendment Revolving Commitment Percentage&#8221;). To
effect such allocations, each Revolving Lender whose Post-Amendment Revolving Commitment Percentage exceeds the amount of such Revolving
Lender&#8217;s Revolving Commitment Percentage immediately prior to the effectiveness of this Amendment and any New Lender (as defined
below) providing a new Revolving Commitment shall make a Revolving Loan in such amount as is necessary so that the aggregate principal
amount of Revolving Loans held by such Lender shall equal such Revolving Lender&#8217;s Post-Amendment Revolving Commitment Percentage
of the aggregate outstanding principal amount of the Revolving Loans as of the Effective Date. The Administrative Agent shall make such
amounts of the proceeds of such Revolving Loans available (a) to each Revolving Lender whose Post-Amendment Revolving Commitment Percentage
is less than the amount of such Revolving Lender&#8217;s Revolving Commitment Percentage immediately prior to the effectiveness of this
Amendment as is necessary so that the aggregate principal amount of Revolving Loans held by such Revolving Lender shall equal such Lender&#8217;s
Post-Amendment Revolving Commitment Percentage of the aggregate outstanding principal amount of the Revolving Loans as of the Effective
Date and (b) to the Exiting Lenders (as defined below) as is necessary to repay in full the Revolving Loans owing to such Exiting Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each new Lender
identified in its signature page hereto as a &#8220;New Lender&#8221; under the Credit Agreement on the Effective Date (each, a
 &#8220;New Lender&#8221;) hereby agrees to provide a new Revolving Commitment and/or Term Loan Commitment, as the case may be, in
the amount set forth opposite such New Lender&#8217;s name on Schedule I attached hereto. On the Effective Date, each New Lender
agrees to become and shall be deemed a Lender for all purposes of the Credit Agreement, and each reference to the Lenders in the
Credit Agreement shall be deemed to include each New Lender. Each New Lender hereby appoints Wells Fargo Bank, National Association
as the Administrative Agent and authorizes the Administrative Agent to take such action on its behalf and to exercise such powers
under the Credit Agreement and other Loan Documents as are delegated to the Administrative Agent by the terms thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On the Effective Date, the
Revolving Commitments of each Revolving Lender identified in its signature page hereto as an &#8220;Exiting Lender&#8221; under the Credit
Agreement on the Effective Date (each, an &#8220;Exiting Lender&#8221;) shall be terminated, all outstanding amounts due under the Credit
Agreement and the other Loan Documents to the Exiting Lenders on the Effective Date shall be paid in full, and each Exiting Lender shall
cease to be a Lender under the Credit Agreement; provided that obligations of the Loan Parties under the Loan Documents that are intended
to survive any Lender ceasing to be a Lender or a party to any Loan Document shall survive in accordance with their respective terms for
the benefit of such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent,
the Borrower and each Lender confirms as of the date hereof the amount of each such Lender&#8217;s Commitment as set forth opposite such
Lender&#8217;s name on Schedule I attached hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.25.
Intercreditor Agreement.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">BY ACCEPTING THE BENEFITS
OF THE SECURITY INTERESTS SET FORTH HEREIN THE LENDER PARTIES HEREBY (A) CONSENT TO AND APPROVE EACH AND ALL OF THE PROVISIONS OF THE
INTERCREDITOR AGREEMENT, (B) AGREE THAT, UPON THE ADMINISTRATIVE AGENT&#8217;S EXECUTION OF THE INTERCREDITOR AGREEMENT, THEY WILL BE
BOUND BY AND WILL TAKE NO ACTIONS CONTRARY TO THE PROVISIONS OF THE INTERCREDITOR AGREEMENT, (C) ACKNOWLEDGE THAT THE LIENS SECURING THE
OBLIGATIONS, AND THE EXERCISE OF RIGHTS AND REMEDIES GRANTED TO THE ADMINISTRATIVE AGENT AND LENDER PARTIES UNDER THE PLEDGE AGREEMENT
AND THE OTHER LOAN DOCUMENTS WITH RESPECT TO SUCH LIENS, ARE SUBJECT TO THE INTERCREDITOR AGREEMENT AND (D) IRREVOCABLY AUTHORIZE AND
DIRECT THE ADMINISTRATIVE AGENT TO EXECUTE AND DELIVER THE INTERCREDITOR AGREEMENT AND TO PERFORM ITS OBLIGATIONS THEREUNDER. IN THE EVENT
OF ANY CONFLICT BETWEEN THE TERMS OF THE INTERCREDITOR AGREEMENT AND THIS AGREEMENT, THE TERMS OF THE INTERCREDITOR AGREEMENT SHALL GOVERN.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures on Following Pages]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ANNEX II</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AMENDED CREDIT AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">See attached.</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%; text-align: left">&nbsp;<IMG SRC="image_001.gif" ALT="" STYLE="height: 72px; width: 71px"></TD><TD STYLE="vertical-align: bottom; text-align: right; width: 50%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">CONFORMED THROUGH FOURTH AMENDMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">[NOT A LEGAL DOCUMENT]</P>
</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; text-indent: 3in"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="border-top: Black 0.75pt solid; font-size: 0.75pt; border-bottom: Black 0.75pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FIFTH AMENDED AND RESTATED CREDIT AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Dated as of July 25, 2019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">by and among</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">DIAMONDROCK HOSPITALITY LIMITED PARTNERSHIP,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as Borrower,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">DIAMONDROCK HOSPITALITY COMPANY,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as Parent,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">The financial
institutions party hereto</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">and their
assignees under Section&nbsp;13.5.,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as Lenders,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">WELLS FARGO
Bank, National Association</FONT>,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">__________________________________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WELLS FARGO SECURITIES, LLC,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BOFA SECURITIES, INC.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CITIGROUP GLOBAL MARKETS INC.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">U.S. BANK NATIONAL ASSOCIATION,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">KEYBANC CAPITAL MARKETS, INC.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">REGIONS CAPITAL MARKETS, A DIVISION OF REGIONS
BANK,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PNC CAPITAL MARKETS LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TD SECURITIES (USA) LLC,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as Joint Lead Arrangers,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WELLS FARGO SECURITIES, LLC,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BOFA SECURITIES, INC.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CITIGROUP GLOBAL MARKETS INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">U.S. BANK NATIONAL ASSOCIATION,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as Joint Bookrunners,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BANK OF AMERICA, N.A.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CITIBANK, N.A.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">U.S. BANK NATIONAL ASSOCIATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as Syndication Agents,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">KEYBANK NATIONAL ASSOCIATION,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">REGIONS BANK,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PNC BANK, NATIONAL ASSOCIATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TD BANK, N.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as Documentation Agents</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4in; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;&nbsp;</P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="width: 90%; text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article I. Definitions</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 6pt; padding-bottom: 6pt">1</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;1.1.&nbsp; Definitions</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">1</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;1.2.&nbsp; General; References to Pacific Time</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">40</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;1.3.&nbsp; Financial Attributes of Non-Wholly Owned Subsidiaries</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">41</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;1.4.&nbsp; Rates</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">41</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;1.5.&nbsp; Divisions</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">41</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article II. Credit Facility</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">41</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.1.&nbsp; Revolving Loans</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">41</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.2.&nbsp; Term Loans</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">43</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section 2.3.&nbsp; Letters of Credit</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">44</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section 2.4. Swingline Loans</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">48</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.5.&nbsp; Rates and Payment of Interest on Loans</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">50</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.6.&nbsp; Number of Interest Periods</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">52</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.7.&nbsp; Repayment of Loans</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">52</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.8.&nbsp; Prepayments</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">52</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.9.&nbsp; Continuation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">55</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.10.&nbsp; Conversion</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">56</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.11.&nbsp; Notes</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">56</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.12.&nbsp; Voluntary Reductions of the Commitment</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">57</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section 2.13.&nbsp; Extension of Termination Date</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">57</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.14.&nbsp; Expiration Date of Letters of Credit Past Revolving Commitment Termination</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">57</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.15.&nbsp; Amount Limitations</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">58</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.16.&nbsp; Increase in Commitments; Additional Term Loans</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">58</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.17.&nbsp; Funds Transfer Disbursements</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">59</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;2.18.&nbsp; Security Interest in Collateral</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">59</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article III. Payments, Fees and Other General Provisions</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">60</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.1.&nbsp; Payments</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">60</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.2.&nbsp; Pro Rata Treatment</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">61</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.3.&nbsp; Sharing of Payments, Etc.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">61</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.4.&nbsp; Several Obligations</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">62</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.5.&nbsp; Fees</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">62</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.6.&nbsp; Computations</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">63</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.7.&nbsp; Usury</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">63</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.8.&nbsp; Statements of Account</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">64</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.9.&nbsp; Defaulting Lenders</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">64</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;3.10.&nbsp; Taxes</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">67</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article IV.&nbsp; Intentionally Omitted</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">71</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article V. Yield Protection, Etc.</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">71</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;5.1.&nbsp; Additional Costs; Capital Adequacy</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">71</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;5.2.&nbsp; Suspension of LIBOR Loans</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">72</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;5.3.&nbsp; Illegality</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">74</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;5.4.&nbsp; Compensation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">74</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;5.5.&nbsp; Treatment of Affected Loans</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">74</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;5.6.&nbsp; Change of Lending Office</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">75</TD></TR>
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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
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    <TD STYLE="width: 90%; text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;5.7.&nbsp; Assumptions Concerning Funding of LIBOR Loans</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 0in">75</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;5.8.&nbsp; Affected Lenders</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">75</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article VI. Conditions Precedent</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">76</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;6.1.&nbsp; Initial Conditions Precedent</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">76</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;6.2.&nbsp; Conditions Precedent to All Loans and Letters of Credit</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">78</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article VII. Representations and Warranties</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">79</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;7.1.&nbsp; Representations and Warranties</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">79</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;7.2.&nbsp; Survival of Representations and Warranties, Etc.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">85</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article VIII. Affirmative Covenants</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">86</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.1.&nbsp; Preservation of Existence and Similar Matters</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">86</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.2.&nbsp; Compliance with Applicable Law and Material Contracts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">86</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.3.&nbsp; Maintenance of Property</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">86</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.4.&nbsp; Conduct of Business</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">87</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.5.&nbsp; Insurance</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">87</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.6.&nbsp; Payment of Taxes and Claims</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">87</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.7.&nbsp; Inspections</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">87</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.8.&nbsp; Use of Proceeds; Letters of Credit</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">88</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.9.&nbsp; Environmental Matters</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">88</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.10.&nbsp; Books and Records</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">89</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.11.&nbsp; Further Assurances</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">89</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.12.&nbsp; REIT Status</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">89</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.13.&nbsp; Exchange Listing</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">89</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.14.&nbsp; Additional Guarantors</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">89</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.15.&nbsp; Release of Guarantors</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">90</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.16.&nbsp; Compliance with Anti-Corruption Laws; Beneficial Ownership Regulation, Anti-Money Laundering Laws and Sanctions.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">91</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.17.&nbsp; Additional Collateral / Release of Collateral</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">91</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;8.18.&nbsp; Article 8 Securities</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">91</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article IX. Information</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">92</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;9.1.&nbsp; Quarterly Financial Statements</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">92</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;9.2.&nbsp; Year&#45;End Statements</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">92</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;9.3.&nbsp; Compliance Certificate</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">93</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;9.4.&nbsp; Other Information</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">93</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;9.5.&nbsp; Electronic Delivery of Certain Information</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">95</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;9.6.&nbsp; Public/Private Information</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">96</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;9.7.&nbsp; USA Patriot Act Notice; Compliance</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">96</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article X. Negative Covenants</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">96</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.1.&nbsp; Financial Covenants</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">96</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.2.&nbsp; Restricted Payments</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">98</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.3.&nbsp; Indebtedness</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">99</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.4.&nbsp; Intentionally Omitted</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">99</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.5.&nbsp; Investments Generally</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">99</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.6.&nbsp; Negative Pledge</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">100</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.7.&nbsp; Merger, Consolidation, Sales of Assets and Other Arrangements</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">101</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.8.&nbsp; Fiscal Year</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">102</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.9.&nbsp; Modifications of Material Contracts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">102</TD></TR>
</TABLE>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="width: 90%; text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.10.&nbsp; Modifications of Organizational Documents</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 0in">106</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.11.&nbsp; Transactions with Affiliates</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">106</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.12.&nbsp; ERISA Exemptions</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">106</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.13.&nbsp; Environmental Matters</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">106</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.14.&nbsp; Derivatives Contracts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">103</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;10.15.&nbsp; Restriction Period Covenants</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">103</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article XI. Default</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">105</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;11.1.&nbsp; Events of Default</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">105</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;11.2.&nbsp; Remedies Upon Event of Default</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">108</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;11.3.&nbsp; Remedies Upon Default</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">109</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;11.4.&nbsp; Marshaling; Payments Set Aside</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">109</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;11.5.&nbsp; Allocation of Proceeds</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">110</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;11.6.&nbsp; Letter of Credit Collateral Account</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">111</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;11.7.&nbsp; Performance by Administrative Agent</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">112</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;11.8.&nbsp; Rights Cumulative</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">112</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article XII. The Administrative Agent</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">113</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;12.1.&nbsp; Appointment and Authorization</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">113</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;12.2.&nbsp; Administrative Agent&#8217;s Reliance</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">114</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;12.3.&nbsp; Notice of Events of Default</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">115</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;12.4.&nbsp; Administrative Agent as Lender</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">115</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section 12.5.&nbsp; Approvals of Lenders</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">115</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;12.6.&nbsp; Lender Credit Decision, Etc.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">116</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;12.7.&nbsp; Indemnification of Administrative Agent</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">116</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;12.8.&nbsp; Successor Administrative Agent</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">117</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section 12.9.&nbsp; Titled Agents</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">118</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section 12.10.&nbsp; Collateral Matters</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">118</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;12.11.&nbsp; Administrative Agent May File Bankruptcy Disclosure and Proofs of Claim</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">119</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 6pt; padding-bottom: 6pt; padding-left: 0.5in">Article XIII. Miscellaneous</TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">120</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.1.&nbsp; Notices</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">120</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.2.&nbsp; Expenses</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">122</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.3.&nbsp; Setoff</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">123</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.4.&nbsp; Litigation; Jurisdiction; Other Matters; Waivers</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">123</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.5.&nbsp; Successors and Assigns</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">124</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.6.&nbsp; Amendments and Waivers</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">128</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.7.&nbsp; Nonliability of Administrative Agent and Lenders</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">131</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.8.&nbsp; Confidentiality</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">131</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.9.&nbsp; Indemnification</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">132</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.10.&nbsp; Termination; Survival</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">133</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.11.&nbsp; Severability of Provisions</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">133</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.12.&nbsp; GOVERNING LAW</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">133</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.13.&nbsp; Counterparts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">133</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.14.&nbsp; Obligations with Respect to Loan Parties</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">134</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.15.&nbsp; Independence of Covenants</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">134</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.16.&nbsp; Limitation of Liability</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">134</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.17.&nbsp; Entire Agreement</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">134</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.18.&nbsp; Construction</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">135</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.19.&nbsp; Headings</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">135</TD></TR>
</TABLE>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="width: 90%; text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.20.&nbsp; No Novation</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 0in">135</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.21.&nbsp; New York Mortgages</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">135</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.22.&nbsp; Acknowledgement and Consent to Bail-In of Affected Financial Institutions</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">137</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.23.&nbsp; Acknowledgement Regarding Any Supported QFCs</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">138</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.24.&nbsp; New Lenders; Exiting Lenders</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">138</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0in; padding-left: 1in">Section&nbsp;13.25.&nbsp; Intercreditor Agreement</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">139</TD></TR>
</TABLE>
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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 15%; text-align: left"><FONT STYLE="font-size: 10pt">SCHEDULE
    I</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 82%"><FONT STYLE="font-size: 10pt">Commitments</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SCHEDULE
    1.1.(a)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Approved Managers</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SCHEDULE
    1.1.(b)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">List of Loan Parties</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SCHEDULE
    1.1.(c)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Equity Pledges Requiring Consent</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SCHEDULE
    7.1.(b)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Ownership Structure</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SCHEDULE
    7.1.(f)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Title to Properties; Occupancy
    Rates; Liens</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SCHEDULE
    7.1.(g)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Existing Indebtedness; Total
    Indebtedness</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SCHEDULE
    7.1.(h)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Material Contracts</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SCHEDULE
    7.1.(i)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Litigation</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SCHEDULE
    7.1.(y)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Initial Unencumbered Properties</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">SCHEDULE
    13.1.</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Address for Notices to Issuing
    Banks</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    A</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Form of Assignment and Assumption
    Agreement</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    B</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Form of Guaranty</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    C</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Form of Revolving Note</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    D</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Form of Notice of Borrowing</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    E</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Form of Notice of Continuation</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    F</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Form of Notice of Conversion</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    G</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Form of Notice of Swingline
    Borrowing</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    H</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Form of Swingline Note</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    I</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Form of Disbursement Instruction
    Agreement</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    J</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Forms of U.S. Tax Compliance
    Certificates</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    K</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Form of Compliance Certificate</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">EXHIBIT
    L</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Form of Term Loan Note</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 135pt">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.75in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 135pt; text-align: justify; text-indent: -135pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS FIFTH AMENDED AND RESTATED
CREDIT AGREEMENT (this &#8220;Agreement&#8221;) dated as of July 25, 2019, by and among DIAMONDROCK HOSPITALITY LIMITED PARTNERSHIP, a
limited partnership formed under the laws of the State of Delaware (the &#8220;Borrower&#8221;), DIAMONDROCK HOSPITALITY COMPANY, a corporation
formed under the laws of the State of Maryland (the &#8220;Parent&#8221;), each of the financial institutions initially a signatory hereto
together with their successors and assignees under Section 13.5. (collectively, the &#8220;Lenders&#8221;), and WELLS FARGO BANK, NATIONAL
ASSOCIATION, as Administrative Agent (the &#8220;Administrative Agent&#8221;), with each of <FONT STYLE="text-transform: uppercase">Wells
Fargo Securities, LLC, BofA securities, inc., </FONT>CITIGROUP GLOBAL MARKETS INC., U.S. BANK NATIONAL ASSOCIATION, KEYBANC CAPITAL MARKETS
INC., REGIONS CAPITAL MARKETS, A DIVISION OF REGIONS BANK, PNC CAPITAL MARKETS LLC AND TD SECURITIES (USA) LLC, as Joint Lead Arrangers
(collectively, the &#8220;Lead Arrangers&#8221;), each of <FONT STYLE="text-transform: uppercase">Wells Fargo Securities, LLC, BofA securities,
inc., </FONT>CITIGROUP GLOBAL MARKETS INC., and U.S. BANK NATIONAL ASSOCIATION, as Joint Bookrunners (collectively, the &#8220;Bookrunners&#8221;),
<FONT STYLE="text-transform: uppercase">Bank of America, N.A</FONT>., CITIBANK, N.A., and U.S. BANK NATIONAL ASSOCIATION as Syndication
Agents (collectively, the &#8220;Syndication Agents&#8221;), and KEYBANK NATIONAL ASSOCIATION, REGIONS BANK, PNC BANK, NATIONAL ASSOCIATION
and TD BANK, N.A., as Documentation Agent (the &#8220;Documentation Agents&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, certain of the Lenders
and other financial institutions have made available to the Borrower a revolving credit facility in the amount of $300,000,000, including
a $30,000,000 letter of credit subfacility and a $30,000,000 swingline subfacility, on the terms and conditions contained in that certain
Fourth Amended and Restated Credit Agreement dated as of May 3, 2016 (as amended and in effect immediately prior to the date hereof, the
 &#8220;Existing Credit Agreement&#8221;) by and among the Parent, the Borrower, such Lenders, certain other financial institutions, the
Administrative Agent and the other parties thereto; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the Administrative
Agent, the Issuing Banks and the Lenders desire to amend and restate the terms of the Existing Credit Agreement to make available to the
Borrower (i) a revolving credit facility in the initial amount of $400,000,000, which will include a $40,000,000 letter of credit subfacility
and a $40,000,000 swingline subfacility and (ii) a $350,000,000 term loan facility, in each case, on the terms and conditions contained
herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, for good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the parties hereto agree that
the Existing Credit Agreement is amended and restated in its entirety as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article I. Definitions</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;1.1.
Definitions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In addition to terms defined
elsewhere herein, the following terms shall have the following meanings for the purposes of this Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Accession Agreement</B>&#8221;
means an Accession Agreement substantially in the form of Annex&nbsp;I to the Guaranty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Accommodation Subsidiary</B>&#8221;
means a Subsidiary (other than the Subsidiary that owns the applicable Eligible Property) that owns the improvements on an Eligible Property
or the furniture, fixtures and equipment utilized in the operation of such Eligible Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Additional Costs</B>&#8221;
has the meaning given that term in Section&nbsp;5.1.(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Adjusted EBITDA</B>&#8221;
means, for any given period, (a) the EBITDA of the Parent and its Subsidiaries determined on a consolidated basis for such period, minus
(b) FF&amp;E Reserves for such period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Adjusted NOI</B>&#8221;
means, for any Property and for any period (or if no applicable period is stated, the period of twelve consecutive fiscal months then
ended), Net Operating Income for such Property for such period minus the greater of (a)&nbsp;the actual amount of franchise fees paid
with respect to such Property during such period and (b)&nbsp;an imputed franchise fee in the amount of four percent (4.0%) of the gross
revenues for such Property for such period; provided however, for purposes of this definition, no imputed franchise fee shall be deducted
from Net Operating Income with respect to any Property that is not subject to a Franchise Agreement. If a Property has not continuously
operated the immediately preceding period of twelve consecutive months, then the Adjusted NOI of such Property shall be calculated by
annualizing the historical Net Operating Income of such Property for the most recently ending period for which it has been in continuous
operation, determined on a pro forma basis reasonably acceptable to the Administrative Agent. For the avoidance of doubt and only with
respect to continuously operated Properties, Adjusted NOI for the period of four consecutive fiscal quarters most recently ended for any
such Property acquired by the Borrower or any Subsidiary during such period shall be utilized regardless of the date such Property was
acquired by the Borrower or such Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Adjusted Total Asset
Value</B>&#8221; means Total Asset Value determined exclusive of assets that are owned by Excluded Subsidiaries, Foreign Subsidiaries
and Unconsolidated Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Administrative Agent</B>&#8221;
means Wells Fargo Bank, National Association as contractual representative of the Lenders under this Agreement, or any successor Administrative
Agent appointed pursuant to Section 12.8.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Administrative Questionnaire</B>&#8221;
means the Administrative Questionnaire completed by each Lender and delivered to the Administrative Agent in a form supplied by the Administrative
Agent to the Lenders from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0pt 0; text-align: justify">&#8220;<B>Affected Financial Institution</B>&#8221;
means (a) any EEA Financial Institution or (b) any UK Financial Institution.&#9;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Affected Lender</B>&#8221;
has the meaning given that term in Section&nbsp;5.8.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Affiliate</B>&#8221;
means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or
is Controlled by or is under common Control with the Person specified. In no event shall the Administrative Agent or any Lender be deemed
to be an Affiliate of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Agreement Date</B>&#8221;
means the date as of which this Agreement is dated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Anti-Corruption
Laws</B>&#8221; means all laws, rules, and regulations of any jurisdiction applicable to the Borrower or its Subsidiaries from time to
time concerning or relating to bribery or corruption, including, without limitation, the United States Foreign Corrupt Practices Act of
1977 and the rules and regulations thereunder and the U.K. Bribery Act 2010 and the rules and regulations thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Anti-Money
Laundering Laws</B>&#8221; means any and all laws, statutes, regulations or obligatory government orders, decrees, ordinances or
rules applicable to a Loan Party, its Subsidiaries or Affiliates related to terrorism financing or money laundering, including any
applicable provision of the Patriot Act and The Currency and Foreign Transactions Reporting Act (also known as the &#8220;Bank
Secrecy Act,&#8221; 31 U.S.C. &sect;&sect; 5311-5330 and 12U.S.C. &sect;&sect; 1818(s), 1820(b) and 1951-1959).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Applicable Facility
Fee</B>&#8221; means, at all times after the Investment Grade Rating Date, the percentage set forth in the table below corresponding to
the Level at which the &#8220;Applicable Margins&#8221; are determined in accordance with the definition thereof:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 25%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Level</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Facility Fee</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 51%; font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">1</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 47%; font-size: 10pt; text-align: right">0.100</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">2</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">0.125</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">3</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">0.150</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">4</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">0.200</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">5</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">0.250</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">6</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">0.300</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any change in the applicable Level at which the
Applicable Margins are determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee. The provisions
of this definition shall be subject to Section 2.5.(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Applicable Law</B>&#8221;
means all international, foreign, federal, state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes, executive
orders, and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental
Authority charged with the enforcement, interpretation or administration thereof, and all applicable administrative orders, directed duties,
requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Applicable Margin</B>&#8221;
means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to the First Amendment Date and after the end of the Ratio Adjustment Period but prior to the Investment Grade Rating Date, the percentage
rate set forth below corresponding to the Leverage Ratio in effect at such time as set forth in the Compliance Certificate most recently
delivered by the Borrower pursuant to Section&nbsp;9.3.:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Level</B></P></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Leverage Ratio</B></P></TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Applicable<BR> Margin for<BR> LIBOR<BR> Revolving <BR> Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Applicable <BR> Margin for <BR> Base Rate<BR> Revolving <BR> Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Applicable<BR> Margin for<BR> LIBOR<BR> Term<BR> Loans</B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Applicable<BR> Margin for<BR> Base Rate <BR> Term<BR> Loans</B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 1%; font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: center">1</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 35%; text-align: justify; padding-bottom: 1pt">Less than 30% <BR></TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">1.40</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">0.40</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">1.35</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">0.35</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">2</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt; text-indent: -9pt; padding-left: 9pt">Greater than or equal to 30.0% but less than 35.0%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.45</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.45</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.40</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.40</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">3</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt; text-indent: -9pt; padding-left: 9pt">Greater than or equal to 35.0% but less than 40.0%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.50</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.50</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.45</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.45</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">4</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt; text-indent: -9pt; padding-left: 9pt">Greater than or equal to 40.0% but less than 45.0%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.55</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.55</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.50</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.50</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">5</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt; text-indent: -9pt; padding-left: 9pt">Greater than or equal to 45.0% but less 50.0%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.70</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.70</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.65</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.65</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">6</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt; text-indent: -9pt; padding-left: 9pt">Greater than or equal to 50.0% but less than 55.0%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.90</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.90</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.85</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.85</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">7</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify; padding-bottom: 1pt; text-indent: -9pt; padding-left: 9pt">Greater than or equal to&nbsp;&nbsp;55.0%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">2.05</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.05</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">2.00</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.00</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Applicable Margin shall be determined by the
Administrative Agent from time to time, based on the Leverage Ratio as set forth in the Compliance Certificate most recently delivered
by the Borrower pursuant to Section&nbsp;9.3. Any adjustment to the Applicable Margin shall be effective as of the first day of the calendar
month immediately following the month during which the Borrower delivers to the Administrative Agent the applicable Compliance Certificate
pursuant to Section&nbsp;9.3. If the Borrower fails to deliver a Compliance Certificate pursuant to Section&nbsp;9.3., the Applicable
Margin shall equal the percentage corresponding to Level&nbsp;7 above until the first day of the calendar month immediately following
the month that the required Compliance Certificate is delivered. Notwithstanding the foregoing, for the period from the Effective Date
through but excluding the date on which the Administrative Agent first determines the Applicable Margin for Loans as set forth above,
the Applicable Margin shall be determined based on Level&nbsp;2. Thereafter, until the Investment Grade Rating Date, the Applicable Margin
shall be adjusted from time to time as set forth in this clause (a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On,
and at all times after, the Investment Grade Rating Date, the applicable rate per annum set forth in the table below corresponding to
the Level in the first column of the table in which the Parent&#8217;s or Borrower&#8217;s Credit Rating falls. During any period that
the Parent or Borrower has received Credit Ratings from both S&amp;P and Moody&#8217;s that are not equivalent, then the Applicable Margins
shall be determined based on the higher of such Credit Ratings. During any period that the Parent has received a Credit Rating from only
Moody&#8217;s or S&amp;P, then the Applicable Margins shall be based upon such Credit Rating. During any period after the Investment Grade
Rating Date that the Parent has (A) not received a Credit Rating from any Rating Agency or (B) only received a Credit Rating from a Rating
Agency that is neither S&amp;P nor Moody&#8217;s, then the Applicable Margin shall be determined based on Level&nbsp;6 in the table below.
Any change in the Parent&#8217;s Credit Rating which would cause it to move to a different Level shall be effective as of the first day
of the first calendar month immediately following such change.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold">Level</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold">Credit Rating</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Applicable <BR> Margin for <BR> LIBOR <BR> Revolving Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Applicable<BR> Margin for Base <BR> Rate Revolving <BR> Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Applicable<BR> Margin for <BR> LIBOR Term<BR> Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Applicable<BR> Margin for<BR> Base Rate <BR> Term Loans</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 1%; font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: center">1</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 36%; font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt"><U>&gt;</U>A/A2</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">0.775</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">0.000</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">0.850</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">0.000</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">2</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">A-/A3</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.825</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.900</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">3</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">BBB+/Baa1</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.875</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.950</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">4</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">BBB/Baa2</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.100</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.100</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">5</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">BBB-/Baa3</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.200</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.200</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.350</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.350</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: center">6</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">&lt;BBB-/Baa3/Unrated</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.550</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.550</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.750</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.750</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the Covenant Relief Period and the Ratio Adjustment Period, (i) the Applicable Margin for Revolving Loans that are LIBOR Loans shall be
2.55% and for Revolving Loans that are Base Rate Loans shall be 1.55% and (ii) the Applicable Margin for Term Loans that are LIBOR Loans
shall be 2.40% and for Term Loans that are Base Rate Loans shall be 1.40%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
any Leverage Ratio Surge Period, any Applicable Margin determined as provided above shall, each time a Leverage Ratio Surge Period applies,
be increased by 0.35%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
provisions of this definition shall be subject to Section 2.5.(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Approved Accounting
Firm</B>&#8221; means Deloitte LLP, KPMG LLP, PricewaterhouseCoopers International Limited, Ernst &amp; Young LLP or such other independent
certified public accountant of recognized national standing reasonably acceptable to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Approved Fund</B>&#8221;
means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender, or (c) an entity or an Affiliate of any
entity that administers or manages a Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Approved Manager</B>&#8221;
means (i) each property management company listed on Schedule 1.1.(a), (ii) any Affiliate thereof and (ii) any other nationally recognized
third-party property management company approved by the Administrative Agent in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Asset Sale</B>&#8221;
means (i) any conveyance, sale, lease, transfer or other disposition (including by way of merger or consolidation and including any sale
and leaseback transaction) of any parcel of, or interest in, real property (including the Equity Interests of any Subsidiary that directly
or indirectly owns or leases pursuant to a ground lease any real property) and (ii) any non-ordinary course conveyance, sale, lease, transfer
or other disposition (including by way of merger or consolidation and including any sale and leaseback transaction) of any other assets,
in the case of clause (i) and (ii), whether owned on the First Amendment Date or thereafter acquired.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Assignment and Assumption</B>&#8221;
means an Assignment and Assumption entered into by a Lender and an Eligible Assignee (with the consent of any party whose consent is required
by Section&nbsp;13.5.), and accepted by the Administrative Agent, in substantially the form of Exhibit&nbsp;A or any other form approved
by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Availability</B>&#8221;
shall mean, as of any date of determination, an amount equal to the Revolving Commitments of all Lenders as of such date minus all outstanding
Revolving Loans, Swingline Loans and Letter of Credit Liabilities as of such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Average Daily Liquidity</B>&#8221;
means, as of each day, an amount equal to unrestricted cash and Cash Equivalents of the Borrower and its Subsidiaries held in accounts
in the United States and the U.S. Virgin Islands as of such date <U>plus</U> an amount equal to Availability (to the extent available
to be drawn in accordance with this Agreement), in each case, as of such determination date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Bail-In Action</B>&#8221;
means the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected
Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Bail-In Legislation</B>&#8221;
means (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the
Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time which
is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act
2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution
of unsound or failing banks, investment firms or other financial institutions or their Affiliates (other than through liquidation, administration
or other insolvency proceedings).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Bankruptcy
Code</B>&#8221; means the Bankruptcy Code of 1978, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Base Rate</B>&#8221;
means, at any time, the highest of (a)&nbsp;the Prime Rate, (b)&nbsp;the Federal Funds Rate <U>plus</U> 0.50% and (c)&nbsp;the LIBOR Market
Index Rate <U>plus</U> 1.00%; each change in the Base Rate shall take effect simultaneously with the corresponding change or changes in
the Prime Rate, the Federal Funds Rate or the LIBOR Market Index Rate (<U>provided</U> that <U>clause (c)</U> shall not be applicable
during any period in which LIBOR is unavailable or unascertainable).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Base Rate Loan</B>&#8221;
means a Loan (or any portion thereof) bearing interest at a rate based on the Base Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Replacement</B>&#8221;
means the sum of: (a) the alternate benchmark rate (which may include Term SOFR) that has been selected by the Administrative Agent and
the Borrower giving due consideration to (i) any selection or recommendation of a replacement 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 rate of interest
as a replacement to LIBOR for Dollar denominated syndicated credit facilities and (b) the Benchmark Replacement Adjustment; provided that,
if the Benchmark Replacement as so determined would be less than 0.25%, the Benchmark Replacement will be deemed to be 0.25% for the purposes
of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Replacement
Adjustment</B>&#8221; means, with respect to any replacement of LIBOR with an Unadjusted Benchmark Replacement for each applicable Interest
Period, 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 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 LIBOR with the applicable
Unadjusted Benchmark Replacement by the Relevant Governmental Body 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 LIBOR with the applicable
Unadjusted Benchmark Replacement for Dollar denominated syndicated credit facilities at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Replacement
Conforming Changes</B>&#8221; means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including
changes to the definition of &#8220;Base Rate&#8221; the definition of &#8220;Interest Period,&#8221; the definition of &#8220;LIBOR Market
Index Rate,&#8221; timing and frequency of determining rates and making payments of interest and other administrative matters) that the
Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit
the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative
Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines
that no market practice for the administration of the 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).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Replacement
Date</B>&#8221; means the earlier to occur of the following events with respect to LIBOR: (i) 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 LIBOR permanently or indefinitely ceases to provide LIBOR; or (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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Transition
Event</B>&#8221; means the occurrence of one or more of the following events with respect to LIBOR: (1) a public statement or publication
of information by or on behalf of the administrator of LIBOR announcing that such administrator has ceased or will cease to provide LIBOR,
permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will
continue to provide LIBOR; (2) a public statement or publication of information by the regulatory supervisor for the administrator of
LIBOR, the U.S. Federal Reserve System, an insolvency official with jurisdiction over the administrator for LIBOR, a resolution authority
with jurisdiction over the administrator for LIBOR or a court or an entity with similar insolvency or resolution authority over the administrator
for LIBOR, which states that the administrator of LIBOR has ceased or will cease to provide LIBOR permanently or indefinitely, provided
that, at the time of such statement or publication, there is no successor administrator that will continue to provide LIBOR; or (3) a
public statement or publication of information by the regulatory supervisor for the administrator of LIBOR announcing that LIBOR is no
longer representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Transition
Start Date</B>&#8221; means (a) in the case of a Benchmark Transition Event, the earlier of (i) the applicable Benchmark Replacement Date
and (ii) 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 90 days after such statement or publication, the date of such statement or publication) and (b) in the case of an
Early Opt-in Election, the date specified by the Administrative Agent or the Requisite Lenders, as applicable, by notice to the Borrower,
the Administrative Agent (in the case of such notice by the Requisite Lenders) and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benchmark Unavailability
Period</B>&#8221; means, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred with respect to LIBOR
and solely to the extent that LIBOR has not been replaced with a Benchmark Replacement, the period (x) beginning at the time that such
Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced LIBOR for all purposes hereunder in accordance
with clause (b) of Section 5.2. and (y) ending at the time that a Benchmark Replacement has replaced LIBOR for all purposes hereunder
pursuant to clause (b) of Section 5.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Beneficial Ownership
Certification</B>&#8221; means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Beneficial Ownership
Regulation</B>&#8221; means 31 CFR &sect; 1010.230.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Benefit Arrangement</B>&#8221;
means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and
which is maintained or otherwise contributed to by any member of the ERISA Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.4in 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>BHC Act
Affiliate</B>&#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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Borrower</B>&#8221;
has the meaning set forth in the introductory paragraph hereof and shall include the Borrower&#8217;s successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Borrower Information</B>&#8221;
has the meaning given that term in Section&nbsp;2.5.(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Business
Day</B>&#8221; means (a) a day of the week (but not a Saturday, Sunday or holiday) on which the offices of the Administrative Agent
in San Francisco, California are open to the public for carrying on substantially all of the Administrative Agent&#8217;s business
functions, and (b) if such day relates to a LIBOR Loan, any such day that is also a day on which dealings in Dollars are carried on
in the London interbank market. Unless specifically referenced in this Agreement as a Business Day, all references to
 &#8220;days&#8221; shall be to calendar days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Capitalization Rate</B>&#8221;
means (a) 7.25% for Properties developed with hotels categorized as Upscale, Upper Upscale or above Full-Service and located within (i)
the central business districts of Boston, Massachusetts, Chicago, Illinois, Borough of Manhattan, New York, Washington, D.C., San Francisco,
California, San Diego, California, (ii) Key West, Florida and (iii) Sausalito, California, or (b) 7.75% for all other Properties. Categorization
of hotels shall be as determined by Smith Travel Research or as otherwise requested by the Borrower and consented to in writing by the
Requisite Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Capitalized Lease
Obligation</B>&#8221; means an obligation under a lease that is required to be capitalized for financial reporting purposes in accordance
with GAAP. The amount of a Capitalized Lease Obligation is the capitalized amount of such obligation as would be required to be reflected
on a balance sheet of the applicable Person prepared in accordance with GAAP as of the applicable date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Cash Collateralize</B>&#8221;
means, to pledge and deposit with or deliver to the Administrative Agent, for the benefit of the applicable Issuing Bank or the Revolving
Lenders, as collateral for Letter of Credit Liabilities or obligations of Revolving Lenders to fund participations in respect of Letter
of Credit Liabilities, cash or deposit account balances or, if the Administrative Agent and the applicable Issuing Bank shall agree in
their sole discretion, other credit support, in each case pursuant to documentation in form and substance satisfactory to the Administrative
Agent and the applicable Issuing Bank. &#8220;Cash Collateral&#8221; shall have a meaning correlative to the foregoing and shall include
the proceeds of such cash collateral and other credit support.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Cash Equivalents</B>&#8221;
means: (a)&nbsp;securities issued, guaranteed or insured by the United States of America or any of its agencies with maturities of not
more than one year from the date acquired; (b)&nbsp;certificates of deposit with maturities of not more than one year from the date acquired
issued by a United States federal or state chartered commercial bank of recognized standing, or a commercial bank organized under the
laws of any other country which is a member of the Organisation for Economic Co-operation and Development, or a political subdivision
of any such country, acting through a branch or agency, which bank has capital and unimpaired surplus in excess of $500,000,000 and which
bank or its holding company has a short&#45;term commercial paper rating of at least A&#45;2 or the equivalent by S&amp;P or at least
P&#45;2 or the equivalent by Moody&#8217;s; (c)&nbsp;reverse repurchase agreements with terms of not more than seven days from the date
acquired, for securities of the type described in clause&nbsp;(a) above and entered into only with commercial banks having the qualifications
described in clause&nbsp;(b) above; (d)&nbsp;commercial paper issued by any Person incorporated under the laws of the United States of
America or any State thereof and rated at least A&#45;2 or the equivalent thereof by S&amp;P or at least P&#45;2 or the equivalent thereof
by Moody&#8217;s, in each case with maturities of not more than one year from the date acquired; and (e)&nbsp;investments in money market
funds registered under the Investment Company Act of 1940, as amended, which have net assets of at least $500,000,000 and at least 85%
of whose assets consist of securities and other obligations of the type described in clauses&nbsp;(a) through (d) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Class</B>&#8221;
means (a) when used with respect to a Commitment, refers to whether such Commitment is a Revolving Commitment or Term Loan Commitment,
(b) when used with respect to a Loan, refers to whether such Loan is a Revolving Loan or a Term Loan and (c) when used with respect to
a Lender, refers to whether such Lender has a Loan or Commitment with respect to a particular Class of Loans or Commitments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Collateral</B>&#8221;
means the Equity Interests of each Issuer (other than the Equity Interests of an Issuer listed on Schedule 1.1.(c) attached hereto until
such time as the applicable Grantor has obtained the consent to the pledge of such Equity Interest pursuant to Section 3(j) of the Pledge
Agreement) and all products and proceeds thereof and other related interests as more fully described as &#8220;Pledged Collateral&#8221;
in the Pledge Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Commitment</B>&#8221;
means, as to each Lender (other than the Swingline Lender), such Lender&#8217;s Revolving Commitment or such Lender&#8217;s Term Loan
Commitment, as the context may require.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Commodity Exchange
Act</B>&#8221; means the Commodity Exchange Act (7 U.S.C. &sect; 1 et seq.) as amended from time to time, and any successor statute.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Compliance Certificate</B>&#8221;
has the meaning given that term in Section&nbsp;9.3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Connection Income
Taxes</B>&#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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Continue</B>&#8221;,
 &#8220;<B>Continuation</B>&#8221; and &#8220;<B>Continued</B>&#8221; each refers to the continuation of a LIBOR Loan from one Interest
Period to another Interest Period pursuant to Section&nbsp;2.9.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Control</B>&#8221;
means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person,
whether through the ability to exercise voting power, by contract or otherwise. &#8220;Controlling&#8221; and &#8220;Controlled&#8221;
have meanings correlative thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Convert</B>&#8221;,
 &#8220;<B>Conversion</B>&#8221; and &#8220;<B>Converted</B>&#8221; each refers to the conversion of a Loan of one Type into a Loan of
another Type pursuant to Section&nbsp;2.10.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Covenant Relief
Period</B>&#8221; shall mean, the period commencing on the First Amendment Date and ending on the date which is the earlier of (i) the
date the Borrower has delivered a notice to the Administrative Agent electing to terminate the Covenant Relief Period which notice shall
attach calculations demonstrating that the Borrower would have been in compliance with the Financial Covenants (as if neither the Covenant
Relief Period nor any Ratio Adjustment Period was in effect) for the immediately preceding fiscal quarter for which financial statements
have been delivered pursuant to Section 9.1 or Section 9.2 hereof and (ii) April 1, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#9;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Covered Entity</B>&#8221;
means any of the following: (i) a &#8220;covered entity&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R.
 &sect;252.82(b); (ii) a &#8220;covered bank&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect;47.3(b);
or (iii) a &#8220;covered FSI&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect;382.2(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Credit Event</B>&#8221;
means any of the following: (a)&nbsp;the making (or deemed making) of any Loan, (b)&nbsp;the Conversion of a Base Rate Loan into a LIBOR
Loan or (c) the issuance of a Letter of Credit or the amendment of a Letter of Credit that extends the maturity, or increases the Stated
Amount, of such Letter of Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Credit Rating</B>&#8221;
means the rating assigned by a Rating Agency to the senior unsecured long term Indebtedness of a Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Debtor Relief
Laws</B>&#8221; means the Bankruptcy Code, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of
creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar Applicable Laws relating to the relief of
debtors in the United States of America or other applicable jurisdictions from time to time in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Default</B>&#8221;
means any of the events specified in Section&nbsp;11.1., whether or not there has been satisfied any requirement for the giving of notice,
the lapse of time, or both.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Defaulting Lender</B>&#8221;
means, subject to Section&nbsp;3.9.(f), any Lender that (a)&nbsp;has failed to (i)&nbsp;fund all or any portion of its Loans within 2
Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Administrative Agent and the
Borrower in writing that such failure is the result of such Lender&#8217;s good faith determination that one or more conditions precedent
to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing)
has not been satisfied, or (ii)&nbsp;pay to the Administrative Agent, any Issuing Bank, the Swingline Lender or any other Lender any other
amount required to be paid by it hereunder (including with respect to a Revolving Lender, in respect of its participation in Letters of
Credit or Swingline Loans) within 2 Business Days of the date when due, (b)&nbsp;has notified the Borrower, the Administrative Agent,
any Issuing Bank or the Swingline Lender in writing that it does not intend to comply with its funding obligations hereunder, or has made
a public statement to that effect (unless such writing or public statement relates to such Lender&#8217;s obligation to fund a Loan hereunder
and states that such position is based on such Lender&#8217;s good faith determination that a condition precedent to funding (which condition
precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied),
(c)&nbsp;has failed, within 3 Business Days after written request by the Administrative Agent or the Borrower, to confirm in writing to
the Administrative Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender
shall cease to be a Defaulting Lender pursuant to this clause&nbsp;(c) upon receipt of such written confirmation by the Administrative
Agent and the Borrower), or (d)&nbsp;has, or has a direct or indirect parent company that has, (i)&nbsp;become the subject of a proceeding
under any Debtor Relief Law, (ii)&nbsp;had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the
benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including the Federal Deposit
Insurance Corporation or any other state or federal regulatory authority acting in such a capacity or (iii) become the subject of a Bail-In
Action; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest
in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not
result in or provide such Lender with immunity from the jurisdiction of courts within the United States of America or from the enforcement
of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow
or disaffirm any contracts or agreements made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting
Lender under any one or more of clauses&nbsp;(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&nbsp;3.9.(f)) upon delivery of written notice of such determination to the
Borrower, the Issuing Banks, the Swingline Lender and each Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Default
Right</B>&#8221; has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. &sect;&sect; 252.81,
47.2 or 382.1, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Derivatives Contract</B>&#8221;
means a &#8220;swap agreement&#8221; as defined in Section&nbsp;101 of the Bankruptcy Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Derivatives
Support Document</B>&#8221; means (a) any Credit Support Annex comprising part of (and as defined in) any Specified Derivatives
Contract, and (b) any document or agreement, pursuant to which cash, deposit accounts, securities accounts or similar financial
asset collateral are pledged to or made available for set-off by, a Specified Derivatives Provider, including any banker&#8217;s
lien or similar right, securing or supporting Specified Derivatives Obligation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Derivatives Termination
Value</B>&#8221; means, in respect of any one or more Derivatives Contracts, after taking into account the effect of any legally enforceable
netting agreement relating to such Derivatives Contracts, (a)&nbsp;for any date on or after the date such Derivatives Contracts have been
closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b)&nbsp;for any date prior to
the date referenced in clause (a) the amount(s) determined as the mark-to-market value(s) for such Derivatives Contracts, as determined
based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Derivatives Contracts
(which may include the Administrative Agent or any Lender).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Development/Redevelopment
Property</B>&#8221; means (a)&nbsp;a new Property under construction or (b)&nbsp;an existing Property which is undergoing an expansion
pursuant to which the total guest rooms for such Property will be increased by 50% or more. Each Development/Redevelopment Property shall
continue to be classified as a Development/Redevelopment Property hereunder until the achievement of substantial completion with respect
to such Development/Redevelopment Property, following which such Development/Redevelopment Property shall be classified as a Seasoned
Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Disbursement Instruction
Agreement</B>&#8221; means an agreement substantially in the form of Exhibit&nbsp;I to be executed and delivered by the Borrower pursuant
to Section&nbsp;6.1.(a), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative
Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Dollars</B>&#8221;
or &#8220;<B>$</B>&#8221; means the lawful currency of the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 0.5in">&#8220;<B>Domestic Subsidiary</B>&#8221; means
any Subsidiary that is incorporated or organized under the laws of any state of the United States or the District of Columbia.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Early Opt-in Election</B>&#8221;
means the occurrence of: (1) (i) a determination by the Administrative Agent or (ii) a notification by the Requisite Lenders to the Administrative
Agent (with a copy to the Borrower) that the Requisite Lenders have determined that U.S. dollar-denominated syndicated credit facilities
being executed at such time, or that include language similar to that contained in Section 5.2.(b) &#8211; (e) are being executed or amended,
as applicable, to incorporate or adopt a new benchmark interest rate to replace LIBOR, and (2) (i) the election by the Administrative
Agent or (ii) the election by the Requisite Lenders to declare that an Early Opt-in Election has occurred and the provision, as applicable,
by the Administrative Agent of written notice of such election to the Borrower and the Lenders or by the Requisite Lenders of written
notice of such election to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EBITDA</B>&#8221;
means, with respect to a Person for any period (without duplication): (a) net income (loss) of such Person for such period determined
on a consolidated basis (before minority interests), exclusive of the following (but only to the extent included in determination of such
net income (loss)): (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) extraordinary or
non-recurring gains and losses; (v) closing costs expensed which are directly attributable to the acquisition of Property; (vi) severance
costs; and (vii) other non-cash charges including, without limitation, impairment charges (other than non-cash charges that constitute
an accrual of a reserve for future cash payments) plus (b) such Person&#8217;s Ownership Share of EBITDA of its Unconsolidated Affiliates.
EBITDA shall be adjusted to remove any impact from (x) non-cash amortization of stock grants to members of the Parent&#8217;s management,
(y) straight line rent leveling adjustments required under GAAP and (z) amortization of intangibles pursuant to FASB ASC 805.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EEA
Financial Institution</B>&#8221; means (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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EEA Member Country</B>&#8221;
means any of the member states of the European Union, Iceland, Liechtenstein, and Norway.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EEA Resolution Authority</B>&#8221;
means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including
any delegee) having responsibility for the resolution of any EEA Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Effective Date</B>&#8221;
means the later of (a)&nbsp;the Agreement Date or (b)&nbsp;the date on which all of the conditions precedent set forth in Section&nbsp;6.1.
shall have been fulfilled or waived.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Eligible Assignee</B>&#8221;
means any Person that meets the requirements to be an assignee under Section 13.5.(b)(iii), (v) and (vi) (subject to such consents, if
any, as may be required under Section 13.5.(b)(iii)).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Eligible Property</B>&#8221;
means a Property which satisfies all of the following requirements:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property
is either (x) an Upper-Upscale, Luxury or Upscale (as defined by Smith Travel Research) hotel located in a major urban market or (y)&nbsp;a
destination resort hotel;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property
is open for business to the public;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
Property is (i) branded by one or more nationally recognized hotel companies or an Affiliate of such a company, (ii) operated as an independent
hotel located in a central business district or leisure market or (iii) a destination resort hotel;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
Property is (i) located in one of the 48 contiguous States of the United States of America, the State of Hawaii, or in the District of
Columbia or (ii) solely with respect to each Frenchman&#8217;s Reef Property, located in the U.S. Virgin Islands;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property
is owned in fee simple or leased under a Ground Lease entirely by the Borrower or a Guarantor (or, on and after the Investment Grade Rating
Date, a Wholly Owned Subsidiary) other than any Guarantor (or Wholly Owned Subsidiary) which is an Excluded Subsidiary or Foreign Subsidiary
(provided that so long as, prior to the Investment Grade Rating Date, it becomes and remains a Guarantor hereunder, each Frenchman&#8217;s
Reef Property may be owned by a Subsidiary organized in the U.S. Virgin Islands);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;neither such
Property, nor any interest of the Borrower or any Subsidiary therein, is subject to any Lien (other than Permitted Liens (but not Liens
of the types described in clauses (f), (g) and (h) of the definition of Permitted Liens));</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if such
Property is owned or leased by a Subsidiary (i)&nbsp;none of the Borrower&#8217;s direct or indirect ownership interest in such
Subsidiary is subject to any Lien (other than Permitted Liens (but not Liens of the types described in clauses (f), (g) and (h) of
the definition of Permitted Liens)) or to a Negative Pledge; and (ii)&nbsp;the Borrower directly, or indirectly through a
Subsidiary, has the right to take the following actions without the need to obtain the consent of any Person: (x)&nbsp;to sell,
transfer or otherwise dispose of such Property and (y)&nbsp;to create a Lien on such Property as security for Indebtedness of the
Borrower or such Subsidiary, as applicable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property
is managed by an Approved Manager;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
Property is covered by property insurance in amounts and upon terms that satisfy criteria set forth in Section 8.5.;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such Property
has all material occupancy and operating permits and licenses required by Applicable Law; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
Property is free of all structural defects or major architectural deficiencies, title defects, environmental conditions or other adverse
matters except for defects, deficiencies, conditions or other matters which, individually or collectively, are not material to the profitable
operation of such Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Environmental Claims</B>&#8221;
means any and all administrative, regulatory or judicial actions, suits, demands, demand letters, claims, liens, accusations, allegations,
notices of noncompliance or violation, investigations (other than internal reports prepared by any Person in the ordinary course of business
and not in response to any third party action or request of any kind) or proceedings relating in any way to any actual or alleged violation
of or liability under any Environmental Law or relating to any permit issued, or any approval given, under any such Environmental Law,
including, without limitation, any and all claims by Governmental Authorities for enforcement, cleanup, removal, response, remedial or
other actions or damages, contribution, indemnification cost recovery, compensation or injunctive relief resulting from Hazardous Materials
or arising from alleged injury or threat of injury to human health (as it pertains to exposure to Hazardous Materials) or the environment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Environmental Laws</B>&#8221;
means any Applicable Law relating to environmental protection or the manufacture, storage, remediation, disposal or clean&#45;up of Hazardous
Materials including, without limitation, the following: Clean Air Act, 42 U.S.C. &sect; 7401 et seq.; Federal Water Pollution Control
Act, 33 U.S.C. &sect; 1251 et seq.; Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act, 42 U.S.C. &sect;
6901 et seq.; Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. &sect;&nbsp;9601 et seq.; National Environmental
Policy Act, 42 U.S.C. &sect; 4321 et seq.; regulations of the Environmental Protection Agency, any applicable rule of common law relating
primarily to the environment or Hazardous Materials, and any analogous or comparable state or local laws, regulations or ordinances that
concern Hazardous Materials or protection of the environment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Equity Interest</B>&#8221;
means, with respect to any Person, any share of capital stock of (or other ownership or profit interests in) such Person, any warrant,
option or other right for the purchase or other acquisition from such Person of any share of capital stock of (or other ownership or profit
interests in) such Person, any security convertible into or exchangeable for any share of capital stock of (or other ownership or profit
interests in) such Person or warrant, right or option for the purchase or other acquisition from such Person of such shares (or such other
interests), and any other ownership or profit interest in such Person (including, without limitation, partnership, member or trust interests
therein), whether voting or nonvoting, and whether or not such share, warrant, option, right or other interest is authorized or otherwise
existing on any date of determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Equity
Issuance</B>&#8221; means any issuance by a Person of any Equity Interest in such Person and shall in any event include (i) the
issuance of any Equity Interest upon the conversion or exchange of any security constituting Indebtedness that is convertible or
exchangeable, or is being converted or exchanged, for Equity Interests, (ii) the issuance of any Preferred Equity Interests, (iii)
any capital contribution made to such Person and (iv) the offering of &#8220;securities&#8221; (as defined under the Securities Act)
in a public offering registered under the Securities Act or an offering not required to be registered under the Securities Act
(including, without limitation, a private placement under Section 4(2) of the Securities Act, an exempt offering pursuant to Rule
144A and/or Regulation S of the Securities Act and an offering of exempt securities).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Equity Payment Exclusions</B>&#8221;
has the meaning given that term in Section 2.8.(b)(iv).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>ERISA</B>&#8221;
means the Employee Retirement Income Security Act of 1974, as in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>ERISA Event</B>&#8221;
means, with respect to the ERISA Group, (a)&nbsp;any &#8220;reportable event&#8221; as defined in Section&nbsp;4043 of ERISA with respect
to a Plan (unless the 30 day notice requirement with respect to such event has been waived); (b)&nbsp;the withdrawal of a member of the
ERISA Group from a Plan subject to Section&nbsp;4063 of ERISA during a plan year in which it was a &#8220;substantial employer&#8221;
as defined in Section&nbsp;4001(a)(2) of ERISA or a cessation of operations that is treated as such a withdrawal under Section&nbsp;4062(e)
of ERISA; (c)&nbsp;the incurrence by a member of the ERISA Group of any liability with respect to the withdrawal or partial withdrawal
from any Multiemployer Plan; (d)&nbsp;the incurrence by any member of the ERISA Group of any liability under Title&nbsp;IV of ERISA with
respect to the termination of any Plan or Multiemployer Plan; (e)&nbsp;the institution of proceedings to terminate a Plan or Multiemployer
Plan by the PBGC; (f)&nbsp;the failure by any member of the ERISA Group to make when due required contributions to a Multiemployer Plan
or Plan unless such failure is cured within 30 days or the filing pursuant to Section&nbsp;412(c) of the Internal Revenue Code or Section&nbsp;302(c)
of ERISA of an application for a waiver of the minimum funding standard; (g)&nbsp;any other event or condition that might reasonably be
expected to constitute grounds under Section&nbsp;4042 of ERISA for the termination of, or the appointment of a trustee to administer,
any Plan or Multiemployer Plan or the imposition of liability under Section&nbsp;4069 or 4212(c) of ERISA; (h)&nbsp;the receipt by any
member of the ERISA Group of any notice or the receipt by any Multiemployer Plan from any member of the ERISA Group 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 Section&nbsp;4245 of ERISA), or in &#8220;critical&#8221; or &#8220;endangered&#8221; status (within the meaning of Section&nbsp;432
of the Internal Revenue Code or Section&nbsp;305 of ERISA); (i)&nbsp; the imposition of any liability under Title&nbsp;IV of ERISA, other
than for PBGC premiums due but not delinquent under Section&nbsp;4007 of ERISA, upon any member of the ERISA Group or the imposition of
any Lien in favor of the PBGC under Title IV of ERISA; or (j)&nbsp;a determination that a Plan is, or is reasonably expected to be, in
 &#8220;at risk&#8221; status (within the meaning of Section&nbsp;430 of the Internal Revenue Code or Section&nbsp;303 of ERISA).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>ERISA Group</B>&#8221;
means the Borrower, the Parent and all members of a controlled group of corporations and all trades or businesses (whether or not incorporated)
under common control, which, together with the Borrower or the Parent, are treated as a single employer under Section&nbsp;414(b) or (c)
of the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>EU Bail-In Legislation
Schedule</B>&#8221; means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in
effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Eurodollar Reserve
Percentage</B>&#8221; means, for any day, the percentage which is in effect for such day as prescribed by the Board of Governors of the
Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any basic, supplemental
or emergency reserves) in respect of eurocurrency liabilities or any similar category of liabilities for a member bank of the Federal
Reserve System in New York City.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Event of Default</B>&#8221;
means any of the events specified in Section&nbsp;11.1., provided that any requirement for notice or lapse of time or any other condition
has been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Excluded Prepayment
Debt</B>&#8221; means (i) the incurrence of Revolving Loans and Swingline Loans, (ii) Government Assistance Indebtedness, (iii) the proceeds
of Secured Indebtedness permitted pursuant to Section 10.15(c)(vi), and (iv) other Indebtedness in an aggregate amount for all Indebtedness
under this clause (iv) not to exceed $10,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Excluded Subsidiary</B>&#8221;
means any Subsidiary as to which both of the following apply: (a)&nbsp;such Subsidiary holds title to, or beneficially owns, assets which
are or are intended to become collateral for any Secured Indebtedness of such Subsidiary, or is a direct or indirect beneficial owner
of a Subsidiary holding title to or beneficially owning such assets (but having no material assets other than such beneficial ownership
interests); and (b)&nbsp;which (i) is, or is expected to be, prohibited from Guarantying the Indebtedness of any other Person pursuant
to any document, instrument or agreement evidencing such Secured Indebtedness or (ii)&nbsp;is prohibited from Guarantying the Indebtedness
of any other Person pursuant to a provision of such Subsidiary&#8217;s organizational documents which provision was included in such Subsidiary&#8217;s
organizational documents as a condition to the extension of such Secured Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Excluded Swap Obligation</B>&#8221;
means, with respect to any Loan Party, any Swap Obligation if, and to the extent that, all or a portion of the liability of such Loan
Party for or the Guarantee of such Loan Party of, or the grant by such Loan Party of a Lien to secure, such Swap Obligation (or any liability
or 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 liability for or the Guarantee of such Loan Party or the grant of such Lien becomes effective with respect to such Swap
Obligation (such determination being made after giving effect to any applicable keepwell, support or other agreement for the benefit of
the applicable Loan Party, including under any applicable provision of the Guaranty). 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 Lien is or becomes illegal for the reasons identified in the immediately preceding sentence of this definition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Excluded Taxes</B>&#8221;
means any of the following Taxes imposed on or with respect to a Recipient or required to be withheld or deducted from a payment to a
Recipient, (a)&nbsp;Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each
case, (i)&nbsp;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)&nbsp;that are Other Connection Taxes, (b)&nbsp;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 an Applicable Law in effect
on the date on which (i)&nbsp;such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request
by the Borrower under Section&nbsp;5.8.) or (ii)&nbsp;such Lender changes its lending office, except in each case to the extent that,
pursuant to Section&nbsp;3.10., amounts with respect to such Taxes were payable either to such Lender&#8217;s assignor immediately before
such Lender became a party hereto or to such Lender immediately before it changed its lending office, (c)&nbsp;Taxes attributable to such
Recipient&#8217;s failure to comply with Section&nbsp;3.10.(g) and (d)&nbsp;any withholding Taxes imposed under FATCA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Existing Term Loan</B>&#8221;
means the term loan funded under the Existing Term Loan Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Existing Term Loan
Agreement</B>&#8221; means that certain Term Loan Agreement dated as of October 18, 2018, by and among the Borrower, the Parent, the financial
institutions from time to time party thereto, U.S. Bank National Association, as administrative agent, and the other parties thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Existing Term Loan
Floor</B>&#8221; means a principal balance of the Existing Term Loan equal to $5,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Extended Letter
of Credit</B>&#8221; has the meaning given that term in Section&nbsp;2.3.(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Existing Credit
Agreement</B>&#8221; has the meaning given such term in the first &#8220;WHEREAS&#8221; clause of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fair Market Value</B>&#8221;
means, (a) with respect to a security listed on a national securities exchange or the NASDAQ National Market, the price of such security
as reported on such exchange or market by any widely recognized reporting method customarily relied upon by financial institutions and
(b) with respect to any other property, the price which could be negotiated in an arm&#8217;s-length free market transaction, for cash,
between a willing seller and a willing buyer, neither of which is under pressure or compulsion to complete the transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>FASB ASC</B>&#8221;
means the Accounting Standards Codification of the Financial Accounting Standards Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>FATCA</B>&#8221;
means Sections&nbsp;1471 through&nbsp;1474 of the Internal Revenue 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 Section&nbsp;1471(b)(1) of the Code and any fiscal or regulatory legislation,
rules or practices adopted pursuant to any intergovernmental agreement, treaty or convention among Governmental Authorities and implementing
such Sections of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Federal Funds Rate</B>&#8221;
means, for any day, the rate per annum (rounded upward to the nearest 1/100th of 1%) equal to the weighted average of the rates on overnight
Federal funds transactions with members of the Federal Reserve System on such day, as published by the Federal Reserve Bank of New York
on the Business Day next succeeding such day, provided that (a)&nbsp;if such day is not a Business Day, the Federal Funds Rate for such
day shall be such rate on such transactions on the next preceding Business Day, and (b)&nbsp;if no such rate is so published on such next
succeeding Business Day, the Federal Funds Rate for such day shall be the average rate quoted to the Administrative Agent by federal funds
dealers selected by the Administrative Agent on such day on such transaction as determined by the Administrative Agent. If the Federal
Funds Rate determined as provided above would be less than zero, the Federal Funds Rate shall be deemed to be zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Federal Reserve
Bank of New York&#8217;s Website</B>&#8221; means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org, or
any successor source.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fee
Letters</B>&#8221; means, collectively, (a) that certain fee letter dated as of June 6, 2019, by and among the Borrower, the Parent,
Wells Fargo and Wells Fargo Securities, LLC, (b) that certain fee letter dated as of May 30, 2019, by and among the Borrower, the
Parent and BofA Securities, Inc., (c) that certain fee letter dated as of June 6,&nbsp;2019, by and among the Borrower, the Parent
and Citigroup Global Capital Markets Inc., (d) that certain fee letter dated as of June 7,&nbsp;2019, by and among the Borrower, the
Parent and U.S. Bank National Association, (e) that certain fee letter dated as of June 21,&nbsp;2019, by and among the Borrower,
KeyBank National Association and KeyBank Capital Markets, (f) that certain fee letter dated as of June 27,&nbsp;2019, by and among
the Borrower, PNC Bank, National Association and PNC Capital Markets LLC, (g) that certain fee letter dated as of July 1,&nbsp;2019,
by and among the Borrower and TD Bank, N.A., (h) that certain fee letter dated as of July 5,&nbsp;2019, by and among the Borrower,
Regions Bank and Regions Capital Markets, (i) that certain fee letter dated as of the First Amendment Date by and among the
Borrower, the Parent, Wells Fargo and Wells Fargo Securities, LLC and (j) that certain fee letter dated as of January 20, 2021, by
and among the Borrower, the Parent, Wells Fargo and Wells Fargo Securities, LLC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fees</B>&#8221;
means the fees and commissions provided for or referred to in Section&nbsp;3.5. and any other fees payable by the Borrower hereunder,
under any other Loan Document or under the Fee Letters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>FF&amp;E Reserves</B>&#8221;
means, for any period and with respect to a Property, an amount equal to the greater of (a)&nbsp;4.0% of total gross revenues for such
Property for such period and (b) the aggregate amount of reserves in respect to furniture, fixtures and equipment required under any Property
Management Agreement or Franchise Agreement applicable to such Properties for such period. If the term FF&amp;E Reserves is used without
reference to a specific Property, then the amount shall be determined on an aggregate basis with respect to all Properties of the Parent
and its Subsidiaries and a proportionate share of all Properties of all Unconsolidated Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Financial Covenants</B>&#8221;
means the covenants set forth in clauses (a) &#8211; (f) of Section 10.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>First Amendment
Date</B>&#8221; means June 9, 2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>First Post Covenant
Relief Period</B>&#8221; has the meaning given to that term in the definition of &#8220;Operating Property Value&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fixed Charges</B>&#8221;
means, for any period, the sum of the following (without duplication): (a)&nbsp;Interest Expense of the Parent and its Subsidiaries determined
on a consolidated basis for such period, (b)&nbsp;all regularly scheduled principal payments made with respect to Indebtedness of the
Parent and its Subsidiaries during such period, other than any balloon, bullet or similar principal payment which repays such Indebtedness
in full, (c)&nbsp;all Preferred Dividends paid during such period on Preferred Equity Interests not owned by the Parent or any of its
Subsidiaries and (d) payments in respect of Capitalized Lease Obligations. The Parent&#8217;s pro rata share of the Fixed Charges of Unconsolidated
Affiliates of the Parent shall be included in determinations of Fixed Charges.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Flood Insurance
Laws</B>&#8221; means, collectively, (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute
thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (c) the National
Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto, (d) the Flood Insurance Reform Act
of 2004 as now or hereafter in effect or any successor statute thereto and (e) the Biggert-Waters Flood Insurance Reform Act of 2012 as
now or hereafter in effect or any successor statute thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Foreign Lender</B>&#8221;
means (a)&nbsp;if the Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (b)&nbsp;if the Borrower is not a U.S. Person,
a Lender that is resident or organized under the laws of a jurisdiction other than that in which the Borrower is resident for tax purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 0.5in">&#8220;<B>Foreign Subsidiary</B>&#8221; means a
Subsidiary that is not a Domestic Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fourth Amendment
Date</B>&#8221; means February 4, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Franchise
Agreement</B>&#8221; means an agreement permitting the use of the applicable hotel brand name, hotel system trademarks, trade names and
any related rights in connection with the ownership or operation of a Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Frenchman&#8217;s
Reef</B>&#8221; means, collectively, all Frenchman&#8217;s Reef Properties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Frenchman&#8217;s
Reef Property</B>&#8221; means each property that will replace what is currently known as &#8220;Frenchman&#8217;s Reef &amp; Morning
Star Marriott Beach Resort&#8221; and located at 5 Estate Bakkeroe, Charlotte Amelie, St. Thomas 00802, U.S. Virgin Islands.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fronting Exposure</B>&#8221;
means, at any time there is a Defaulting Lender that is a Revolving Lender, (a) with respect to each Issuing Bank, such Defaulting Lender&#8217;s
Revolving Commitment Percentage of the outstanding Letter of Credit Liabilities attributable to such Issuing Bank other than Letter of
Credit Liabilities as to which such Defaulting Lender&#8217;s participation obligation has been reallocated to other Revolving Lenders
or Cash Collateralized in accordance with the terms hereof and (b)&nbsp;with respect to the Swingline Lender, such Defaulting Lender&#8217;s
Revolving Commitment Percentage of outstanding Swingline Loans other than Swingline Loans as to which such Defaulting Lender&#8217;s participation
obligation has been reallocated to other Revolving Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Fund</B>&#8221;
means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial
loans and similar extensions of credit in the ordinary course of its activities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>GAAP</B>&#8221;
means generally accepted accounting principles in the United States of America set forth in the opinions and pronouncements of the Accounting
Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting
Standards Board (including Statement of Financial Accounting Standards No. 168, &#8220;The FASB Accounting Standards Codification&#8221;)
or in such other statements by such other entity as may be approved by a significant segment of the accounting profession in the United
States of America, which are applicable to the circumstances as of the date of determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Governmental Approvals</B>&#8221;
means all authorizations, consents, approvals, licenses and exemptions of, registrations and filings with, and reports to, all Governmental
Authorities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Government Assistance
Indebtedness</B>&#8221; means unsecured Indebtedness of the Parent, the Borrower or any of their Subsidiaries incurred pursuant to federal,
state or local stimulus plans in response to the COVID-19 pandemic from any Governmental Authority (including, but not limited to, loans
provided by the U.S. Small Business Administration) so long as the proceeds of such Indebtedness are used in compliance with all provisions
and requirements of the applicable act including any provisions and requirements applicable for such Indebtedness to be forgiven.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Governmental Authority</B>&#8221;
means any national, state or local government (whether domestic or foreign), any political subdivision thereof or any other governmental,
quasi&#45;governmental, judicial, administrative, public or statutory instrumentality, authority, body, agency, bureau, commission, board,
department or other entity (including, without limitation, the Federal Deposit Insurance Corporation, the Comptroller of the Currency
or the Federal Reserve Board, any central bank or any comparable authority) exercising executive, legislative, judicial, taxing, regulatory
or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or
the European Central Bank), or any arbitrator with authority to bind a party at law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Grantor</B>&#8221;
means each Person party to the Pledge Agreement as a pledgor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Ground Lease</B>&#8221;
means (i) so long as there are no material adverse changes to the ground lease applicable thereto effected after the Effective Date, United
States Department of the Interior National Park Service Lease Fort Baker at Golden Gate National Recreation Area dated December 7, 2006
(as amended prior to the Effective Date) and (ii) a ground lease containing the following terms and conditions: (a)&nbsp;a remaining term
(exclusive of any unexercised extension options) of 50 years or more from the Agreement Date; (b)&nbsp;the right of the lessee to mortgage
and encumber its interest in the leased property without the consent of the lessor, or, if consent is required, such consent has been
obtained or is required to be given upon the satisfaction of conditions reasonably acceptable to the Administrative Agent; (c)&nbsp;the
obligation of the lessor to give the holder of any mortgage Lien on such leased property written notice of any defaults on the part of
the lessee and agreement of such lessor that such lease will not be terminated until such holder has had a reasonable opportunity to cure
or complete foreclosures, and fails to do so; (d)&nbsp;transferability of the lessee&#8217;s interest under such lease, including ability
to sublease without lessor consent or, if consent is required, such consent is required to be given upon the satisfaction of conditions
reasonably acceptable to the Administrative Agent; and (e)&nbsp;such other rights customarily required by mortgagees making a loan secured
by the interest of the holder of the leasehold estate demised pursuant to a ground lease.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Guaranteed Obligations</B>&#8221;
means, collectively, (a)&nbsp;the Obligations and (b)&nbsp;all existing or future payment and other obligations owing by any Loan Party
under any Specified Derivatives Contract (other than any Excluded Swap Obligation).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Guarantor</B>&#8221;
means any Person that is a party to the Guaranty as a &#8220;Guarantor&#8221; and, in any event, shall include the Parent and each Subsidiary
required to provide a Guaranty pursuant to Section 6.1. or Section 8.14.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Guaranty</B>&#8221;,
 &#8220;<B>Guaranteed</B>&#8221;, &#8220;<B>Guarantying</B>&#8221; or to &#8220;<B>Guarantee</B>&#8221; as applied to any obligation means
and includes: (a)&nbsp;a guaranty (other than by endorsement of negotiable instruments for collection or deposit in the ordinary course
of business), directly or indirectly, in any manner, of any part or all of such obligation, or (b)&nbsp;an agreement, direct or indirect,
contingent or otherwise, and whether or not constituting a guaranty, the practical effect of which is to assure the payment or performance
(or payment of damages in the event of nonperformance) of any part or all of such obligation whether by: (i)&nbsp;the purchase of securities
or obligations, (ii)&nbsp;the purchase, sale or lease (as lessee or lessor) of property or the purchase or sale of services primarily
for the purpose of enabling the obligor with respect to such obligation to make any payment or performance (or payment of damages in the
event of nonperformance) of or on account of any part or all of such obligation, or to assure the owner of such obligation against loss,
(iii)&nbsp;the supplying of funds to or in any other manner investing in the obligor with respect to such obligation, (iv)&nbsp;repayment
of amounts drawn down by beneficiaries of letters of credit (including Letters of Credit), or (v)&nbsp;the supplying of funds to or investing
in a Person on account of all or any part of such Person&#8217;s obligation under a Guaranty of any obligation or indemnifying or holding
harmless, in any way, such Person against any part or all of such obligation. Obligations in respect of customary performance guaranties
and Guaranties constituting Nonrecourse Indebtedness shall not be deemed to give rise to Indebtedness or otherwise constitute a Guaranty
except as otherwise provided in the definition of &#8220;Nonrecourse Indebtedness&#8221;. As the context requires, &#8220;Guaranty&#8221;
shall also mean the Amended and Restated Guaranty executed and delivered pursuant to Section&nbsp;6.1. and substantially in the form of
Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Hazardous
Materials</B>&#8221; means all or any of the following: (a)&nbsp;substances that are defined or listed in, or otherwise classified
pursuant to, any applicable Environmental Laws as &#8220;hazardous substances&#8221;, &#8220;hazardous materials&#8221;,
 &#8220;hazardous wastes&#8221;, &#8220;toxic substances&#8221; or any other formulation intended to define, list or classify
substances by reason of deleterious properties such as ignitability, corrosivity, reactivity, carcinogenicity, reproductive
toxicity, &#8220;TCLP&#8221; toxicity, or &#8220;EP toxicity&#8221;; (b)&nbsp;oil, petroleum or petroleum derived substances,
natural gas, natural gas liquids or synthetic gas and drilling fluids, produced waters and other wastes associated with the
exploration, development or production of crude oil, natural gas or geothermal resources; (c)&nbsp;any flammable substances or
explosives or any radioactive materials; (d)&nbsp;asbestos in any form; (e) toxic mold; and (f)&nbsp;electrical equipment which
contains any oil or dielectric fluid containing levels of polychlorinated biphenyls in excess of fifty parts per million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Implied Debt Service</B>&#8221;
means (a) a given principal balance of Indebtedness multiplied by (b)&nbsp;the greatest of (i)&nbsp;10% per annum, (ii)&nbsp;the highest
per annum interest rate then applicable to any of the outstanding principal balance of the Loans and (iii)&nbsp;a mortgage debt constant
for a loan calculated using a per annum interest rate equal to the yield on a 10 year United States Treasury Note at such time as determined
by the Administrative Agent plus 3.50% and amortizing in full in a 25-year period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Indebtedness</B>&#8221;
means, with respect to a Person, at the time of computation thereof, all of the following (without duplication): (a)&nbsp;all
obligations of such Person in respect of money borrowed (other than trade debt incurred in the ordinary course of business which is
not more than 180 days past due); (b)&nbsp;all obligations of such Person, whether or not for money borrowed (other than trade debt
incurred in the ordinary course of business which is not more than 180 days past due) (i)&nbsp;represented by notes payable, or
drafts accepted, in each case representing extensions of credit, (ii)&nbsp;evidenced by bonds, debentures, notes or similar
instruments, or (iii)&nbsp;constituting purchase money indebtedness, conditional sales contracts, title retention debt instruments
or other similar instruments, upon which interest charges are customarily paid or that are issued or assumed as full or partial
payment for property or services rendered; (c)&nbsp;Capitalized Lease Obligations of such Person; (d)&nbsp;all reimbursement
obligations of such Person under any letters of credit or acceptances (whether or not the same have been presented for payment);
(e)&nbsp;all Off-Balance Sheet Obligations of such Person; (f)&nbsp;all obligations of such Person to purchase, redeem, retire,
defease or otherwise make any payment in respect of any Mandatorily Redeemable Stock issued by such Person or any other Person,
valued at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g)&nbsp;all
obligations of such Person in respect of any (i) purchase obligation, repurchase obligation or takeout commitment, in each case
evidenced by a binding agreement and to the extent such obligation is to acquire Equity Interests of another Person, assets of
another Person that constitute the business or a division or operating unit of such Person, real estate, bonds, debentures, notes or
similar instruments or (ii) forward equity commitment evidenced by a binding agreement (provided, however that this clause (g) shall
exclude any such obligation to the extent the obligation can be satisfied by the issuance of Equity Interests (other than
Mandatorily Redeemable Stock)); (h)&nbsp;net obligations under any Derivatives Contract not entered into as a hedge against
Indebtedness existing from time to time, in an amount equal to the Derivatives Termination Value thereof; (i)&nbsp;all Indebtedness
of other Persons which such Person has Guaranteed or is otherwise recourse to such Person (except for Guaranties constituting
Nonrecourse Indebtedness); (j)&nbsp;all Indebtedness of another Person 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 or assets owned by such Person, even though such
Person has not assumed or become liable for the payment of such Indebtedness or other payment obligation and (k)&nbsp;such
Person&#8217;s Ownership Share of the Indebtedness of any Unconsolidated Affiliate of such Person. Indebtedness of any Person shall
include Indebtedness of any partnership or joint venture in which such Person is a general partner or joint venturer to the extent
of such Person&#8217;s Ownership Share of the ownership of such partnership or joint venture (except if such Indebtedness, or
portion thereof, is recourse (other than in respect of exceptions referred to in the definition of Nonrecourse Indebtedness) to such
Person, in which case the greater of such Person&#8217;s Ownership Share of such Indebtedness or the amount of such recourse portion
of the Indebtedness, shall be included as Indebtedness of such Person). All Loans and Letter of Credit Liabilities shall constitute
Indebtedness of the Borrower. Notwithstanding the foregoing, (A) in the case of any Nonrecourse Indebtedness as to which recourse
for payment thereof is expressly limited to the property or asset on which a Lien is granted, such Indebtedness shall be valued at
the lesser of (i) the stated or determinable amount of the Indebtedness that is so secured or, if not stated or determinable, the
maximum reasonably anticipated liability in respect thereof subject to confirmation by the Administrative Agent in its reasonable
discretion and (ii) the Fair Market Value of such property or asset; and (B) in the case of any Indebtedness of other Persons which
such Person has Guaranteed, the amount of such Indebtedness attributable to such Person shall be equal to the lesser of the stated
or determinable amount of the Indebtedness such Person Guaranteed or, if the amount of such Indebtedness is not stated or
determinable, the maximum reasonably anticipated liability in respect thereof <FONT STYLE="font-size: 10pt">subject to confirmation
by the Administrative Agent in its reasonable discretion. The calculation of Indebtedness shall not include any fair value
adjustments to the carrying value of liabilities to record such Indebtedness at fair value pursuant to electing the fair value
option election under FASB ASC 825-10-25 (formerly known as FAS 159, The Fair Value Option for Financial Assets and Financial
Liabilities) or other FASB standards allowing entities to elect fair value option for financial liabilities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Indemnified Taxes</B>&#8221;
means (a)&nbsp;Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of
the Borrower or any other Loan Party under any Loan Document and (b)&nbsp;to the extent not otherwise described in the immediately preceding
clause&nbsp;(a), Other Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Intellectual Property</B>&#8221;
has the meaning given that term in Section&nbsp;7.1.(t).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Intercreditor Agreement</B>&#8221;
means that certain Intercreditor Agreement, dated as of the First Amendment Date, by and among the Administrative Agent, U.S. Bank National
Association, in its capacity as administrative agent under the Existing Term Loan Agreement and each Grantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Interest Expense</B>&#8221;
means, with respect to a Person and for any period, and without duplication (a)&nbsp;all paid, accrued or capitalized interest expense
(including, without limitation, capitalized interest expense (other than capitalized interest funded from a construction loan interest
reserve account held by another lender and not included in the calculation of cash for balance sheet reporting purposes) and interest
expense attributable to Capitalized Lease Obligations) of such Person and in any event shall include all letter of credit fees and all
interest expense with respect to any Indebtedness in respect of which such Person is wholly or partially liable whether pursuant to any
repayment, interest carry, performance guarantee or otherwise, plus (b)&nbsp;to the extent not already included in the foregoing clause&nbsp;(a),
such Person&#8217;s Ownership Share of all paid, accrued or capitalized interest expense for such period of Unconsolidated Affiliates
of such Person. The term &#8220;Interest Expense&#8221; shall exclude all costs and expenses of defeasing any Indebtedness encumbering
any Property following the acquisition thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Interest Period</B>&#8221;
means with respect to each LIBOR Loan, each period commencing on the date such LIBOR Loan is made, or in the case of the Continuation
of a LIBOR Loan the last day of the preceding Interest Period for such Loan, and ending on the numerically corresponding day in the first,
third or sixth calendar month thereafter, as the Borrower may select in a Notice of Borrowing, Notice of Continuation or Notice of Conversion,
as the case may be, except that each Interest Period that commences on the last Business Day of a calendar month (or on any day for which
there is no numerically corresponding day in the appropriate subsequent calendar month) shall end on the last Business Day of the appropriate
subsequent calendar month. Notwithstanding the foregoing: (i)&nbsp;if any Interest Period for a Class of Loans would otherwise end after
the Termination Date for such Class, such Interest Period shall end on such Termination Date; and (ii)&nbsp;each Interest Period that
would otherwise end on a day which is not a Business Day shall end on the immediately following Business Day (or, if such immediately
following Business Day falls in the next calendar month, on the immediately preceding Business Day).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Internal Revenue
Code</B>&#8221; means the Internal Revenue Code of 1986, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Investment</B>&#8221;
means, with respect to any Person, any acquisition or investment (whether or not of a controlling interest) by such Person, by means of
any of the following: (a)&nbsp;the purchase or other acquisition of any Equity Interest in another Person, (b) a loan, advance or extension
of credit to, capital contribution to, Guaranty of Indebtedness of, or purchase or other acquisition of any Indebtedness of, 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 assets of another Person that constitute the business or a division or operating unit of another Person.
Any binding commitment to make an Investment in any other Person, as well as any option of another Person to require an Investment in
such Person, shall constitute an Investment. Except as expressly provided otherwise, for purposes of determining compliance with any covenant
contained in a Loan Document, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases
or decreases in the value of such Investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Investment Grade
Rating</B>&#8221; means a Credit Rating of BBB- (or equivalent) or higher from S&amp;P and Baa3 (or equivalent) or higher from Moody&#8217;s.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Investment Grade
Rating Date</B>&#8221; means the date specified by the Borrower in a written notice to the Administrative Agent after the Parent or the
Borrower obtains an Investment Grade Rating from either Moody&#8217;s or S&amp;P; provided, however, in any event, the Investment Grade
Rating Date shall not be deemed to have occurred prior to the last day of the Restriction Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>ISP</B>&#8221; means,
with respect to any Letter of Credit, the &#8220;International Standby Practices 1998&#8221; published by the Institute of International
Banking Law &amp; Practice (or such later version thereof as may be in effect at the time of issuance).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Issuer</B>&#8221;
means each Subsidiary of the Borrower that directly or indirectly owns, or leases pursuant to a Ground Lease, an Unencumbered Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Issuing Banks</B>&#8221;
means each of Wells Fargo, Bank of America, N.A., Citibank, N.A., and U.S. Bank National Association in its capacity as an issuer of Letters
of Credit pursuant to Section&nbsp;2.3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>L/C Commitment Amount</B>&#8221;
has the meaning given that term in Section 2.3.(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>L/C Disbursement</B>&#8221;
has the meaning given to that term in Section&nbsp;3.9.(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Lender</B>&#8221;
means each financial institution from time to time party hereto as a &#8220;Lender&#8221;, together with its respective successors and
permitted assigns, and, as the context requires, includes the Swingline Lender; provided, however, that the term &#8220;Lender&#8221;
except as otherwise expressly provided herein, shall exclude any Lender (or its Affiliates) in its capacity as a Specified Derivatives
Provider.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Lender Parties</B>&#8221;
means, collectively, the Administrative Agent, the Lenders, the Issuing Banks, the Specified Derivatives Providers, each co-agent or sub-agent
appointed by the Administrative Agent from time to time pursuant to Section&nbsp;12.8, any other holder from time to time of any of any
Obligations and, in each case, their respective successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Lending
Office</B>&#8221; means, for each Lender and for each Type of Loan, the office of such Lender specified in such Lender&#8217;s
Administrative Questionnaire or in the applicable Assignment and Assumption, or such other office of such Lender as such Lender may
notify the Administrative Agent in writing from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Letter of Credit</B>&#8221;
has the meaning given that term in Section&nbsp;2.3.(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Letter of Credit
Collateral Account</B>&#8221; means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative
Agent, the Issuing Banks and the Revolving Lenders, and under the sole dominion and control of the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Letter of Credit
Documents</B>&#8221; means, with respect to any Letter of Credit, collectively, any application therefor, any certificate or other document
presented in connection with a drawing under such Letter of Credit and any other agreement, instrument or other document governing or
providing for (a)&nbsp;the rights and obligations of the parties concerned or at risk with respect to such Letter of Credit or (b)&nbsp;any
collateral security for any of such obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Letter of Credit
Liabilities</B>&#8221; means, without duplication, at any time and in respect of any Letter of Credit, the sum of (a) the Stated Amount
of such Letter of Credit plus (b) the aggregate unpaid principal amount of all Reimbursement Obligations of the Borrower at such time
due and payable in respect of all drawings made under such Letter of Credit. For purposes of this Agreement, (i) a Revolving Lender (other
than a Revolving Lender in its capacity as an Issuing Bank of a Letter of Credit) shall be deemed to hold a Letter of Credit Liability
in an amount equal to its participation interest under Section 2.3. in such Letter of Credit, and the Revolving Lender that is the Issuing
Bank of such Letter of Credit shall be deemed to hold a Letter of Credit Liability in an amount equal to its retained interest in such
Letter of Credit after giving effect to the acquisition by the Revolving Lenders (other than the Revolving Lender then acting as the Issuing
Bank of such Letter of Credit) of their participation interests under such Section and (ii)&nbsp;if on any date of determination a Letter
of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such
Letter of Credit shall be deemed to be &#8220;outstanding&#8221; in the amount so remaining available to be drawn.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Level</B>&#8221;
means each numerical level set forth below the column entitled &#8220;Level&#8221; in the definition of &#8220;Applicable Margin&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Leverage Ratio</B>&#8221;
means the ratio, expressed as a percentage, of (i)&nbsp;Net Indebtedness to (ii)&nbsp;Total Asset Value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Leverage Ratio Surge
Period</B>&#8221; has the meaning given to that term in Section 10.1.(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>LIBOR</B>&#8221;
means, subject to implementation of a Benchmark Replacement in accordance with Section 5.2.(b), with respect to any LIBOR Loan for
any Interest Period, the rate of interest obtained by dividing (i) the rate of interest per annum determined on the basis of the
rate for deposits in Dollars for a period equal to the applicable Interest Period as published by ICE Benchmark Administration
Limited, a United Kingdom Company, or a comparable or successor quoting service reasonably approved by the Agent, at approximately
11:00 a.m. (London time) two Business Days prior to the first day of the applicable Interest Period by (ii) 1 minus the Eurodollar
Reserve Percentage. If, for any reason, the rate referred to in the preceding clause (i) is not so published, then the rate to be
used for such clause (i) shall be determined by the Administrative Agent to be the arithmetic average of the rate per annum at which
deposits in Dollars would be offered by first class banks in the London interbank market to the Administrative Agent at
approximately 11:00 a.m. (London time) two Business Days prior to the first day of the applicable Interest Period for a period equal
to such Interest Period. Any change in the maximum rate or reserves described in the preceding clause (ii) shall result in a change
in LIBOR on the date on which such change in such maximum rate becomes effective. Notwithstanding the foregoing, (x) in no event
shall LIBOR (including, without limitation, any Benchmark Replacement with respect thereto) be less than 0.25% and (y) unless
otherwise specified in any amendment to this Agreement entered into in accordance with Section 5.2.(b), in the event that a
Benchmark Replacement with respect to LIBOR is implemented then all references herein to LIBOR shall be deemed references to such
Benchmark Replacement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>LIBOR Loan</B>&#8221;
means a Loan (or any portion thereof) (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>LIBOR Market Index
Rate</B>&#8221; means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period
determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the
first day of such Interest Period as otherwise provided in the definition of &#8220;LIBOR&#8221;), or if such day is not a Business Day,
the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Lien</B>&#8221;
as applied to the property of any Person means: (a) any security interest, encumbrance, mortgage, deed to secure debt, deed of trust,
assignment of leases and rents, pledge, lien, charge or lease constituting a Capitalized Lease Obligation, conditional sale or other title
retention agreement, or other security title or encumbrance of any kind in respect of any property of such Person, or upon the income,
rents or profits therefrom; (b) any arrangement, express or implied, under which any property of such Person is transferred, sequestered
or otherwise identified for the purpose of subjecting the same to the payment of Indebtedness or performance of any other obligation in
priority to the payment of the general, unsecured creditors of such Person; (c) the filing of any financing statement under the Uniform
Commercial Code or its equivalent in any jurisdiction, other than any precautionary filing not otherwise constituting or giving rise to
a Lien, including a financing statement filed (i) in respect of a lease not constituting a Capitalized Lease Obligation pursuant to Section
9-505 (or a successor provision) of the Uniform Commercial Code or its equivalent as in effect in an applicable jurisdiction or (ii) in
connection with a sale or other disposition of accounts or other assets not prohibited by this Agreement in a transaction not otherwise
constituting or giving rise to a Lien; and (d) any agreement by such Person to grant, give or otherwise convey any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Loan</B>&#8221;
means a Revolving Loan, a Swingline Loan or a Term Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Loan Document</B>&#8221;
means this Agreement, each Note, each Letter of Credit Document, the Guaranty, the Pledge Agreement, the Intercreditor Agreement and each
other document or instrument now or hereafter executed and delivered by a Loan Party in connection with, pursuant to or relating to this
Agreement (excluding the Fee Letters).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Loan Party</B>&#8221;
means the Borrower, the Parent, each other Guarantor and each Grantor. Schedule 1.1.(b) sets forth the Loan Parties in addition to the
Borrower and the Parent as of the First Amendment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Mandatorily
Redeemable Stock</B>&#8221; means, with respect to any Person, any Equity Interest of such Person which by the terms of such Equity
Interest (or by the terms of any security into which it is convertible or for which it is exchangeable or exercisable), upon the
happening of any event or otherwise (a) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise
(other than an Equity Interest to the extent redeemable in exchange for common stock or other equivalent common Equity Interests),
(b) is convertible into or exchangeable or exercisable for Indebtedness or Mandatorily Redeemable Stock, or (c) is redeemable at the
option of the holder thereof, in whole or in part (other than an Equity Interest which is redeemable solely in exchange for common
stock or other equivalent common Equity Interests), in each case on or prior to the date on which all Loans are scheduled to be due
and payable in full.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Material Acquisition</B>&#8221;
means any acquisition (whether by direct purchase, merger or otherwise and whether in one or more related transactions) by the Parent,
the Borrower or any Subsidiary in which the purchase price of the assets acquired exceeds an amount equal to 10% of Total Asset Value
as of the last day of the most recently ended fiscal quarter prior to the consummation of such acquisition of the Parent for which financial
statements are publicly available.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Material Adverse
Effect</B>&#8221; means a materially adverse effect on (a) the business, assets, liabilities, financial condition or results of operations
of the Parent and its Subsidiaries, or the Borrower and its Subsidiaries, in each case, taken as a whole, (b) the ability of the Borrower
or any other Loan Party to perform its obligations under any Loan Document to which it is a party, (c) the validity or enforceability
of any of the material provisions of the Loan Documents, or (d) the material rights and remedies of the Lenders and the Administrative
Agent under any of the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Material Contract</B>&#8221;
means any contract or other arrangement (other than Loan Documents), whether written or oral, to which the Parent, the Borrower, or any
other Subsidiary is a party as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably
be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Material Subsidiary</B>&#8221;
means (a) (x) any Subsidiary that owns in fee simple, or leases pursuant to a ground lease, an Unencumbered Property or (y) any Subsidiary
(other than an Excluded Subsidiary or Foreign Subsidiary) to which more than 5% of Total Asset Value is attributable on an individual
basis or (b) any Subsidiary that owns any Equity Interest in any Subsidiary in the foregoing clause (a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Moody&#8217;s</B>&#8221;
means Moody&#8217;s Investors Service, Inc. and its successors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Mortgage</B>&#8221;
means a mortgage, deed of trust, deed to secure debt or similar security instrument made by a Person owning an interest in real property
granting a Lien on such interest in real property as security for the payment of Indebtedness of such Person or another Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Mortgage Receivable</B>&#8221;
means a promissory note secured by a Mortgage of which the Parent, the Borrower or another Subsidiary is the holder and retains the rights
of collection of all payments thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Multiemployer Plan</B>&#8221;
means at any time a multiemployer plan within the meaning of Section 4001(a)(3) of ERISA, subject to Title IV of ERISA, to which any member
of the ERISA Group is then making or accruing an obligation to make contributions or has within the preceding six plan years made contributions,
including for these purposes any Person which ceased to be a member of the ERISA Group during such six-year period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Negative Pledge</B>&#8221;
means, with respect to a given asset, any provision of a document, instrument or agreement (other than any Loan Document or Specified
Derivatives Contract) which prohibits or purports to prohibit the creation or assumption of any Lien on such asset as security for Indebtedness
of the Person owning such asset or any other Person; provided, however, that an agreement that conditions a Person&#8217;s ability to
encumber its assets upon the maintenance of one or more specified ratios that limit such Person&#8217;s ability to encumber its assets
but that do not generally prohibit the encumbrance of its assets, or the encumbrance of specific assets, shall not constitute a Negative
Pledge.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Net Asset Sale
Proceeds</B>&#8221; means (a) the aggregate cash proceeds received by the Parent, the Borrower or any of their Subsidiaries in
respect of any Asset Sale by the Parent, the Borrower or any such Subsidiary (including any cash received upon the sale or other
disposition of any non-cash consideration or Cash Equivalents substantially concurrently received as consideration in any Asset
Sale, but only as and when received), <U>minus</U> (b) without duplication (i) any deduction of amounts to be provided by the
Parent, the Borrower or any of its Subsidiaries as a reserve in accordance with GAAP against any liabilities associated with such
Asset Sale and retained by the Parent, the Borrower or any of their Subsidiaries after such Asset Sale; provided that such reserved
amounts will be deemed to be Net Asset Sale Proceeds to the extent and at the time of any reversal thereof (to the extent not
applied to the satisfaction of any applicable liabilities in cash in a corresponding amount), (ii) the principal amount, premium or
penalty, if any, interest and other amounts with respect to any Indebtedness secured either by a Permitted Lien <FONT STYLE="font-size: 10pt">or
by a Lien on the asset of an Excluded Subsidiary securing the Indebtedness which causes such Subsidiary to be an Excluded Subsidiary
which Lien, in each case, attaches to an asset subject to such Asset Sale (other than (A) Indebtedness owing to the Administrative
Agent or any Lender under this Agreement or the other Loan Documents, (B) Indebtedness under the Existing Term Loan Agreement and
(C) Indebtedness assumed by the purchaser of such asset) which Indebtedness is required to be, and is, repaid in connection with
such Asset Sale and (iii) any bona fide costs incurred in connection with any Asset Sale including legal, accounting and investment
banking fees, brokerage and sales commissions, and income Taxes payable as a result of any gain recognized in connection therewith,
in each case under this clause (b), to the extent such amounts are not payable to an Affiliate of the Parent, the Borrower or their
Subsidiaries (provided that such amounts may pass through an Affiliate to be paid to a non-Affiliate recipient). Notwithstanding the
foregoing, Net Asset Sale Proceeds shall not include (I) an amount of up to $10,000,000 (in the aggregate) of cash proceeds received
by the Parent, the Borrower or their Subsidiaries from Asset Sales described in clause (ii) of the definition thereof and (II) cash
proceeds (&#8220;UP Retained Proceeds&#8221;) received by the Parent, the Borrower or their Subsidiaries from Asset Sales of
Unencumbered Properties (or the Equity Interests of a direct or indirect owner of Unencumbered Properties) either (x) permitted
pursuant to this clause (II) as in effect prior to the Fourth Amendment Date or (y) in an amount of up to $300,000,000 (in the
aggregate) from and after the Fourth Amendment Date, in each case, if UP Retained Proceeds are used by the Borrower or its
Subsidiaries on or before the date which is 180 days from the date of the applicable Asset Sale (provided that, if the Borrower
notifies the Administrative Agent within such 180 day period of its intent to reinvest such proceeds in an Unencumbered Property (or
the Equity Interests of a direct or indirect owner of an Unencumbered Property), such initial 180 day period may be extended by the
Administrative Agent), to purchase one or more Properties (or the Equity Interests of a direct or indirect owner of Properties)
which become Unencumbered Properties hereunder (including the provision of any Guarantees required pursuant to Section 8.14.(a) and
the pledge of the Equity Interests of the applicable Issuers under Section 8.17) prior to such date; provided that if the UP
Retained Proceeds are not so used (or such Property does not become an Unencumbered Property hereunder) prior to such date, the UP
Retained Proceeds shall become Net Asset Sale Proceeds and shall be required to be applied to Indebtedness pursuant to Section
2.8(b)(v)(C) immediately. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Net Indebtedness</B>&#8221;
means (a) Total Indebtedness minus (b) the amount, if any, by which the aggregate amount of the Parent&#8217;s and its Subsidiaries&#8217;
unrestricted and Lien-free cash and Cash Equivalents exceeds $15,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Net
Insurance/Condemnation Proceeds</B>&#8221; means (a) the aggregate cash payments or proceeds received by the Parent, the Borrower or
any of their Subsidiaries in excess of $10,000,000 (either individually or in the aggregate with any other cash payments or proceeds
so received after the First Amendment Date) (i) under any property, casualty or other insurance policy (excluding any business
interruption insurance policy) in respect of a covered loss thereunder or (ii) as a result of the taking of any assets of the
Parent, the Borrower or any of their Subsidiaries by any Person pursuant to the power of eminent domain, condemnation or otherwise,
or pursuant to a sale of any such assets to a purchaser with such power under threat of such a taking, <U>minus</U> (b) without
duplication (i) any actual and reasonable costs incurred by Parent or any of its Subsidiaries in connection with the adjustment or
settlement of any claims of the Parent, the Borrower or such Subsidiary in respect thereof, and (ii) any bona fide costs incurred in
connection with any sale of such assets as referred to in clause (a)(ii) of this definition, including income Taxes payable as a
result of any gain recognized in connection therewith, in each case under this clause (b), to the extent such amounts are not
payable to an Affiliate of the Parent, the Borrower or their Subsidiaries <FONT STYLE="font-size: 10pt">(provided that such amounts
may pass through an Affiliate to be paid to a non-Affiliate recipient) <U>minus</U> (c) the amount of such cash payments and
proceeds described in clause (a) which are or will be reinvested within 180 days of receipt thereof in Properties or other long term
productive assets of the general type used in the business of the Parent, the Borrower and their Subsidiaries, which reinvestment
may include the repair, restoration or replacement of the applicable assets thereof (and, in the case of proceeds resulting from a
covered loss to an Eligible Property, such proceeds must be reinvested in an Eligible Property); provided that if the Borrower
notifies the Administrative Agent within such 180 days of its intent to reinvest such payments and proceeds, such initial 180 day
period may be extended to up to eighteen months (or such later date as may be agreed to by the Administrative Agent). </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Net Operating Income</B>&#8221;
or &#8220;<B>NOI</B>&#8221; means, for any Property and for a given period, the sum of the following (without duplication and determined
on a consistent basis with prior periods): (a)&nbsp;gross revenues received in the ordinary course from such Property <U>minus</U> (b)&nbsp;all
expenses paid (excluding interest but including an appropriate accrual for property taxes and insurance) related to the ownership, operation
or maintenance of such Property, including but not limited to property taxes, assessments and the like, insurance, utilities, payroll
costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative expenses (including an appropriate
allocation for legal, accounting, advertising, marketing and other expenses incurred in connection with such Property, but specifically
excluding general overhead expenses of the Borrower or any Subsidiary and any property management fees) <U>minus</U> (c)&nbsp;the FF&amp;E
Reserves for such Property as of the end of such period <U>minus</U> (d)&nbsp;the greater of (i)&nbsp;the actual property management fee
paid during such period and (ii)&nbsp; an imputed management fee in the amount of three percent (3.0%) of the gross revenues for such
Property for such period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>New Property</B>&#8221;
means each Property on which a hotel is located acquired by the Parent, the Borrower, any Subsidiary or Unconsolidated Affiliate from
the date of acquisition until the Seasoned Date in respect thereof; provided, however, that, upon the Seasoned Date for any New Property,
such New Property shall be converted to a Seasoned Property and shall cease to be a New Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>New York Mortgage</B>&#8221;
has the meaning given that term in Section 13.21.(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Non-Defaulting Lender</B>&#8221;
means a Lender that is not a Defaulting Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Nonrecourse Indebtedness</B>&#8221;
means, with respect to a Person, (a)&nbsp;Indebtedness for borrowed money in respect of which recourse for payment (except for customary
exceptions for fraud, misapplication of funds, environmental indemnities, voluntary bankruptcy, collusive involuntary bankruptcy and other
similar exceptions to nonrecourse liability) is contractually limited to specific assets of such Person encumbered by a Lien securing
such Indebtedness, (b)&nbsp;obligations in respect of guaranties of customary exceptions for fraud, misapplication of funds, environmental
indemnities, voluntary bankruptcy, collusive involuntary bankruptcy and other similar exceptions to nonrecourse liability, provided that,
once any such obligation shall cease to be contingent, then such obligation shall cease to be Nonrecourse Indebtedness, or (c)&nbsp;if
such Person is a Single Asset Entity, any Indebtedness for borrowed money of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Note</B>&#8221;
means a Revolving Note, a Swingline Note or a Term Loan Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Notice of Borrowing</B>&#8221;
means a notice substantially in the form of Exhibit&nbsp;D (or such other form reasonably acceptable to the Administrative Agent and containing
the information required in such Exhibit) to be delivered to the Administrative Agent pursuant to Section&nbsp;2.1.(b) or Section 2.2(b),
as applicable, evidencing the Borrower&#8217;s request for a borrowing of Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Notice of Continuation</B>&#8221;
means a notice substantially in the form of Exhibit&nbsp;E (or such other form reasonably acceptable to the Administrative Agent and containing
the information required in such Exhibit) to be delivered to the Administrative Agent pursuant to Section&nbsp;2.9. evidencing the Borrower&#8217;s
request for the Continuation of a LIBOR Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Notice of Conversion</B>&#8221;
means a notice substantially in the form of Exhibit&nbsp;F (or such other form reasonably acceptable to the Administrative Agent and containing
the information required in such Exhibit) to be delivered to the Administrative Agent pursuant to Section&nbsp;2.10. evidencing the Borrower&#8217;s
request for the Conversion of a Loan from one Type to another Type.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Notice of Swingline
Borrowing</B>&#8221; means a notice substantially in the form of Exhibit&nbsp;G (or such other form reasonably acceptable to the Administrative
Agent and containing the information required in such Exhibit) to be delivered to the Swingline Lender pursuant to Section&nbsp;2.4.(b)
evidencing the Borrower&#8217;s request for a Swingline Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Obligations</B>&#8221;
means, individually and collectively: (a)&nbsp;the aggregate principal balance of, and all accrued and unpaid interest on, all Loans;
(b)&nbsp;all Reimbursement Obligations and all other Letter of Credit Liabilities; and (c)&nbsp;all other indebtedness, liabilities, obligations,
covenants and duties of the Borrower and the other Loan Parties owing to the Administrative Agent, the Issuing Banks or any Lender of
every kind, nature and description, under or in respect of this Agreement or any of the other Loan Documents or the Fee Letters, including,
without limitation, the Fees and indemnification obligations, whether direct or indirect, absolute or contingent, due or not due, contractual
or tortious, liquidated or unliquidated, and whether or not evidenced by any promissory note. The term &#8220;Obligations&#8221; does
not include any Specified Derivatives Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>OFAC</B>&#8221;
means the U.S. Department of the Treasury&#8217;s Office of Foreign Assets Control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Off-Balance Sheet
Obligations</B>&#8221; means liabilities and obligations of the Parent, any Subsidiary or any other Person in respect of &#8220;off-balance
sheet arrangements&#8221; (as defined in Item&nbsp;303(a)(4)(ii) of Regulation&nbsp;S&#45;K promulgated under the Securities Act) which
the Parent would be required to disclose in the &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of
Operations&#8221; section of the Parent&#8217;s report on Form 10&#45;Q or Form 10&#45;K (or their equivalents) which the Parent is required
to file with the Securities and Exchange Commission (or any Governmental Authority substituted therefor).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Operating
Property Value</B>&#8221; means, at any date of determination, (a)&nbsp;for each New Property that Borrower elects (until the
Seasoned Date), the purchase price paid for such Property determined in accordance with GAAP; (b) for each Development/Redevelopment
Property, GAAP book value for such Property as of the date of determination; or (c)&nbsp;for each (x) Seasoned Property and (y) New
Property that Borrower irrevocably elects, (A) the Adjusted NOI of such Property for the period of four consecutive fiscal quarters
most recently ending <U>divided </U>by (B) the applicable Capitalization Rate; provided that, with respect to this clause (c), if
the Adjusted NOI for such Property would be less than zero, it shall be deemed to be zero for purposes of calculating Operating
Property Value. Notwithstanding the above, the Operating Property Value for Frenchman&#8217;s Reef shall be determined as follows:
(i) from the Effective Date through and including September 30, 2019, as the Adjusted NOI for such Property for the trailing four
fiscal quarters ended September 30, 2017, which was $12,430,000; (ii) commencing on October 1, 2019 through and including June 30,
2022, (unless otherwise extended by the Administrative Agent due to delays in construction or opening of the Property), as the GAAP
net book value (including, for the avoidance of doubt, the value of construction work in progress) for the most-recent fiscal
quarter-end for such Property; and (iii) commencing on July 1, 2022 (or such later date if the Administrative Agent extends the
application of clause (ii) above in accordance with the parenthetical in such clause) and thereafter as a Seasoned Property;
provided, that solely with respect to this clause (iii), if Frenchman&#8217;s Reef has not continuously operated during the
immediately preceding period of four consecutive fiscal quarters then, so long as it has continuously operated for a period of at
least one fiscal quarter, Adjusted NOI of such Property shall be calculated by annualizing the historical Net Operating Income of
such Property for the period it has been continuously operating until the last day of the most recently ending fiscal quarter.
Notwithstanding the foregoing, for purposes of determining Operating Property Value, the Adjusted NOI shall be calculated, for any
date of determination during any period, (A) commencing on the last day of the Covenant Relief Period to and including the last day
of the fiscal quarter ending immediately thereafter (the &#8220;First Post Covenant Relief Period&#8221;), by multiplying (x) the
Adjusted NOI for (1) if calculating prior to the last day of the First Post Covenant Relief Period, the fiscal quarter ended
immediately prior to the commencement of the First Post Covenant Relief Period or (2) if calculating on the last day of the First
Post Covenant Relief Period, the fiscal quarter period ending on such date by (y) 4), (B) commencing on the first day after the end
of the First Post Covenant Relief Period to and including the last day of the fiscal quarter ending immediately thereafter (the
 &#8220;Second Post Covenant Relief Period&#8221;), by multiplying (x) Adjusted NOI for (1) if calculating prior to the last day of
the Second Post Covenant Relief Period, the two fiscal quarters ending immediately prior to the commencement of the Second Post
Covenant Relief Period or (2) if calculating on the last day of the Second Post Covenant Relief Period, the fiscal quarter ending on
such date and the immediately preceding fiscal quarter by (y) 2, and (C) commencing on the first day after the end of the Second
Post Covenant Relief Period to and including the last day of the fiscal quarter ending immediately thereafter (the &#8220;Third Post
Covenant Relief Period&#8221;), by multiplying (x) the Adjusted NOI for (1) if calculating prior to the last day of the Third Post
Covenant Relief Period, the three fiscal quarters ending immediately prior to the commencement of the Third Post Covenant Relief
Period or (2) if calculating on the last day of the Third Post Covenant Relief Period, the fiscal quarter ending on such date and
the immediately preceding two fiscal quarters by (y) 4/3. By way of illustration, if the Covenant Relief Period ends on April 1,
2022, Adjusted NOI shall be calculated (I) from April 1, 2022 to June 29, 2022, using Adjusted NOI for the quarter ending March 31,
2022, multiplied by 4, (II) on June 30, 2022, using Adjusted NOI for the quarter ending June 30, 2022, multiplied by 4, (III) from
July 1, 2022 to September 29, 2022, using Adjusted NOI for the quarters ending March 31, 2022 and June 30, 2022, multiplied by 2,
(IV) on September 30, 2022, using Adjusted NOI for the quarters ending June 30, 2022 and September 30, 2022, multiplied by 2, (V)
from October 1, 2022 to December 30, 2022, using Adjusted NOI for the quarters ending March 31, 2022, June 30, 2022 and September
30, 2022, multiplied by 4/3 and (VI) on December 31, 2022, using Adjusted NOI for the quarters ending June 30, 2022, September 30,
2022 and December 31, 2022, multiplied by 4/3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Other Connection
Taxes</B>&#8221; means, with respect to any Recipient, Taxes 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 any Loan Document, or sold or assigned an interest in any Loan or Loan Document).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Other Taxes</B>&#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, any 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&nbsp;5.8.).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Ownership Share</B>&#8221;
means, with respect to any Subsidiary of a Person (other than a Wholly Owned Subsidiary) or any Unconsolidated Affiliate of a Person,
the greater of (a) such Person&#8217;s relative nominal direct and indirect ownership interest (expressed as a percentage) in such Subsidiary
or Unconsolidated Affiliate or (b)&nbsp;such Person&#8217;s relative direct and indirect economic interest (calculated as a percentage)
in such Subsidiary or Unconsolidated Affiliate determined in accordance with the applicable provisions of the declaration of trust, articles
or certificate of incorporation, articles of organization, partnership agreement, joint venture agreement or other applicable organizational
document of such Subsidiary or Unconsolidated Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Parent</B>&#8221;
has the meaning given such term in the introductory paragraph hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Participant</B>&#8221;
has the meaning given that term in Section&nbsp;13.5.(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Participant Register</B>&#8221;
has the meaning given that term in Section&nbsp;13.5.(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>PATRIOT Act</B>&#8221;
means the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>PBGC</B>&#8221;
means the Pension Benefit Guaranty Corporation and any successor agency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Permitted Assumed
Debt</B>&#8221; has the meaning given that term in Section 10.15.(c)(v).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Permitted
Liens</B>&#8221; means, as to any Person: (a)&nbsp;Liens securing taxes, assessments and other charges or levies imposed by any
Governmental Authority (excluding any Lien imposed pursuant to any of the provisions of ERISA or pursuant to any Environmental Laws)
or the claims of materialmen, mechanics, carriers, warehousemen or landlords for labor, materials, supplies or rentals incurred in
the ordinary course of business, which either (x) are not at the time required to be paid or discharged under Section&nbsp;8.6. or
(y) relate to claims against such Person and its Subsidiaries not in excess of $1,000,000 in the aggregate at any one time;
(b)&nbsp;Liens consisting of deposits or pledges made, in the ordinary course of business, in connection with, or to secure payment
of, obligations under workers&#8217; compensation, unemployment insurance or similar Applicable Laws; (c)&nbsp;Liens consisting of
encumbrances in the nature of zoning restrictions, easements, and rights or restrictions of record on the use of real property,
which do not materially detract from the value of such property or impair the intended use thereof in the business of such Person;
(d)&nbsp;the rights of tenants under leases or subleases or licenses not interfering with the ordinary conduct of business of such
Person; (e)&nbsp;Liens in favor of the Administrative Agent for the benefit of the Lenders; (f)&nbsp;Liens in favor of the Borrower
or a Guarantor securing obligations owing by a Subsidiary to the Borrower or a Guarantor; (g)&nbsp;Liens (i) in existence as of the
First Amendment Date and set forth in Part II of Schedule 7.1.(f) and (ii) in respect of any New York Mortgage or any mortgage
encumbering property located in New York State securing Indebtedness of the Loan Parties pursuant to provisions in loan
documentation governing such Indebtedness which provisions are substantially similar to Section 13.21. of this Agreement;
(h)&nbsp;Liens arising out of judgments or awards in respect of the Parent or any of its Subsidiaries not constituting an Event of
Default under Section 11.1.(i); (i) any interest or title of a lessor under any lease of equipment (not constituting a fixture)
entered into by the Borrower or any Subsidiary in the ordinary course of its business and covering only the assets so leased;
(j)&nbsp;Liens arising in the ordinary course of business by virtue of any contractual, statutory or common law provision relating
to banker&#8217;s liens, rights of set-off or similar rights and remedies covering deposit or securities accounts (including funds
or other assets credited thereto), (k)&nbsp;Liens securing the performance of bids, trade contracts, leases, statutory obligations,
surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business and
not securing any Indebtedness and (l) after the First Amendment Date and prior to the Security Release Date, Liens in the Collateral
in favor of U.S. Bank National Association, in its capacity as administrative agent under the Existing Term Loan Agreement, and
subject to the terms of the Intercreditor Agreement<FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Person</B>&#8221;
means any natural person, corporation, limited partnership, general partnership, joint stock company, limited liability company, limited
liability partnership, joint venture, association, company, trust, bank, trust company, land trust, business trust or other organization,
whether or not a legal entity, or any other nongovernmental entity, or any Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Plan</B>&#8221;
means at any time an employee pension benefit plan (other than a Multiemployer Plan) which is covered by Title IV of ERISA or subject
to the minimum funding standards under Section 412 of the Internal Revenue Code and either (a) is maintained, or contributed to, by any
member of the ERISA Group for employees of any member of the ERISA Group or (b) has at any time within the preceding six years been maintained,
or contributed to, by any Person which was at such time a member of the ERISA Group for employees of any Person which was at such time
a member of the ERISA Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Pledge Agreement</B>&#8221;
means that certain Pledge Agreement, dated as of the First Amendment Date, by and among the Administrative Agent and each Person party
thereto as a grantor, together with any other security document now or hereafter granted to secure the Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Post-Default Rate</B>&#8221;
means, in respect of any principal of any Loan or any Reimbursement Obligation, the rate otherwise applicable <U>plus</U> an additional
two percent (2.0%) per annum and with respect to any other Obligation, a rate per annum equal to the Base Rate as in effect from time
to time <U>plus</U> the Applicable Margin for Revolving Loans that are Base Rate Loans <U>plus</U> two percent (2.0%).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Preferred Dividends</B>&#8221;
means, for any period and without duplication, all Restricted Payments paid during such period on Preferred Equity Interests issued by
the Parent or a Subsidiary. Preferred Dividends shall not include dividends or distributions (a)&nbsp;paid or payable solely in Equity
Interests (other than Mandatorily Redeemable Stock) payable to holders of such class of Equity Interests, (b)&nbsp;paid or payable to
the Parent or a Subsidiary, or (c)&nbsp;constituting or resulting in the redemption of Preferred Equity Interests, other than scheduled
redemptions not constituting balloon, bullet or similar redemptions in full.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Preferred Equity
Interests</B>&#8221; means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over
any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Prime Rate</B>&#8221;
means, at any time, the rate of interest per annum publicly announced from time to time by the Lender then acting as the Administrative
Agent as its prime rate. Each change in the Prime Rate shall be effective as of the opening of business on the day such change in such
prime rate occurs. The parties hereto acknowledge that the rate announced publicly by the Lender acting as Administrative Agent as its
prime rate is an index or base rate and shall not necessarily be its lowest or best rate charged to its customers or other banks.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Principal Office</B>&#8221;
means the office of the Administrative Agent located at 600 South 4<SUP>th</SUP> Street, 9<SUP>th</SUP> Floor, Minneapolis, Minnesota
55415, or any other subsequent office that the Administrative Agent shall have specified as the Principal Office by written notice to
the Borrower and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Property</B>&#8221;
means any parcel of real property owned or leased (in whole or in part) or operated by the Parent, the Borrower, any other Subsidiary
or any Unconsolidated Affiliate of the Parent which is (1) located in a state of the United States of America or the District of Columbia
or (2) is a Frenchman&#8217;s Reef Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Property
Management Agreement</B>&#8221; means, collectively, all agreements entered into by a Loan Party pursuant to which such Loan Party engages
a Person to advise it with respect to the management of an Unencumbered Property or to provide management services with respect to the
same.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Pro Rata Share</B>&#8221;
means, as to each Lender, the ratio, expressed as a percentage of (a)(i) the aggregate amount of such Lender&#8217;s Revolving Commitments
<U>plus</U> (ii) the aggregate amount of such Lender&#8217;s outstanding Term Loans to (b)(i) the aggregate amount of the Revolving Commitments
of all Lenders <U>plus</U> (ii) the aggregate principal amount of all outstanding Term Loans; <U>provided</U>, <U>however</U>, that if
at the time of determination the Revolving Commitments have been terminated or reduced to zero, the &#8220;Pro Rata Share&#8221; of each
Lender shall be the ratio, expressed as a percentage of (A) the sum of the aggregate principal amount of all outstanding Revolving Loans,
Term Loans, Swingline Loans and Letter of Credit Liabilities owing to such Lender as of such date to (B) the sum of the aggregate principal
amount of all outstanding Revolving Loans, Term Loans, Swingline Loans and Letter of Credit Liabilities. If at the time of determination
the Revolving Commitments have been terminated or reduced to zero and there are no outstanding Loans or Letter of Credit Liabilities,
then the Pro Rata Shares of the Lenders shall be determined as of the most recent date on which Revolving Commitments were in effect or
Loans or Letters of Credit Liabilities were outstanding. For purposes of this definition, a Revolving Lender shall be deemed to hold a
Swingline Loan or a Letter of Credit Liability to the extent such Revolving Lender has acquired a participation therein under the terms
of this Agreement and has not failed to perform its obligations in respect of such participation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.4in 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>QFC</B>&#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).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Qualified ECP Guarantor</B>&#8221;
means, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee
or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes
an &#8220;eligible contract participant&#8221; under the Commodity Exchange Act or any regulations promulgated thereunder and can cause
another person to qualify as an &#8220;eligible contract participant&#8221; at such time by entering into a keepwell under Section 1a(18)(A)(v)(II)
of the Commodity Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Qualified Plan</B>&#8221;
means a Benefit Arrangement or Plan that is intended to be tax-qualified under Section&nbsp;401(a) of the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Qualified REIT Subsidiary</B>&#8221;
shall have the meaning given to such term in the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Rating Agencies</B>&#8221;
means S&amp;P and Moody&#8217;s.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Ratio Adjustment
Period</B>&#8221; shall mean the period commencing on the last day of the Covenant Relief Period and ending on the date which is the earliest
of (i) the date the Borrower has delivered a notice (which notice shall certify that the requirements have been met to deliver such notice)
to the Administrative Agent electing to terminate the Ratio Adjustment Period; provided that such notice cannot be provided sooner than
the last day of the Restriction Period, (ii) the date the Borrower has delivered a notice to the Administrative Agent to effect the Security
Release Date and (iii) July 1, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Recipient</B>&#8221;
means (a)&nbsp;the Administrative Agent, (b)&nbsp;any Lender and (c)&nbsp;any Issuing Bank, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Register</B>&#8221;
has the meaning given that term in Section&nbsp;13.5.(c).</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Regulatory Change</B>&#8221;
means, with respect to any Lender, any change effective after the Agreement Date in Applicable Law (including without limitation, Regulation
D of the Board of Governors of the Federal Reserve System) or the adoption or making after such date of any interpretation, directive
or request applying to a class of banks, including such Lender, of or under any Applicable Law (whether or not having the force of law
and whether or not failure to comply therewith would be unlawful) by any Governmental Authority or monetary authority charged with the
interpretation or administration thereof or compliance by any Lender with any request or directive regarding capital adequacy or liquidity.
Notwithstanding anything herein to the contrary, (a)&nbsp;the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests,
rules, guidelines or directives thereunder or issued in connection therewith and (b)&nbsp;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, in each case pursuant to Basel III, shall in each case be deemed to be a &#8220;Regulatory
Change&#8221;, regardless of the date enacted, adopted or issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Reimbursement Obligation</B>&#8221;
means the absolute, unconditional and irrevocable obligation of the Borrower to reimburse the applicable Issuing Bank for any drawing
honored by such Issuing Bank under a Letter of Credit issued by such Issuing Bank.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>REIT</B>&#8221;
means a Person qualifying for treatment as a &#8220;real estate investment trust&#8221; under the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Related Parties</B>&#8221;
means, with respect to any Person, such Person&#8217;s Affiliates and the partners, shareholders, directors, officers, employees, agents,
counsel, other advisors and representatives of such Person and of such Person&#8217;s Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Relevant Governmental
Body</B>&#8221; means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened
by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Requisite Class
Lenders</B>&#8221; means, with respect to a Class of Lenders as of any date of determination, Lenders of such Class (a) with respect to
the Revolving Lenders,&nbsp;having more than 51.0% of the aggregate amount of the Revolving Commitments of such Class, or (b)&nbsp;if
the Revolving Commitments of such Class have been terminated or reduced to zero and with respect to the Term Loans, holding more than
51.0% of the principal amount of the aggregate outstanding Loans of such Class, and in the case of Revolving Lenders, outstanding Letter
of Credit Liabilities and Swingline Loans; <U>provided</U> that (i)&nbsp;in determining such percentage at any given time, all then existing
Defaulting Lenders of such Class will be disregarded and excluded, and (ii) at all times when two or more Lenders (excluding Defaulting
Lenders) of such Class are party to this Agreement, the term &#8220;Requisite Class Lenders&#8221; shall in no event mean less than two
Lenders of such Class. For purposes of this definition, a Revolving Lender shall be deemed to hold a Swingline Loan or a Letter of Credit
Liability to the extent such Lender has acquired a participation therein under the terms of this Agreement and has not failed to perform
its obligations in respect of such participation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Requisite
Lenders</B>&#8221; means, as of any date, (a)&nbsp;Lenders having more than 51.0% of the aggregate amount of the Revolving
Commitments and the outstanding Term Loans of all Lenders, or (b) if the Revolving Commitments have been terminated or reduced to
zero, Lenders holding more than 51.0% of the principal amount of the aggregate outstanding Loans and Letter of Credit Liabilities; <U>provided</U>
that (i)&nbsp;in determining such percentage at any given time, all then existing Defaulting Lenders will be disregarded and
excluded, and (ii) at all times when two or more Lenders (excluding Defaulting Lenders) are party to this Agreement, the term
 &#8220;Requisite Lenders&#8221; shall in no event mean less than two Lenders. For purposes of this definition, a Revolving Lender
shall be deemed to hold a Swingline Loan or a Letter of Credit Liability to the extent such Lender has acquired a participation
therein under the terms of this Agreement and has not failed to perform its obligations in respect of such participation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Resolution Authority</B>&#8221;
means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Responsible Officer</B>&#8221;
means with respect to the Parent, the Borrower or any Subsidiary, the chief executive officer, the chief financial officer, chief operating
officer or general counsel of the Parent, the Borrower or such Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Restricted Payment</B>&#8221;
means: (a)&nbsp;any dividend or other distribution, direct or indirect, on account of any Equity Interest of the Parent, the Borrower
or any Subsidiary now or hereafter outstanding, except a dividend payable solely in Equity Interests; (b)&nbsp;any redemption, conversion,
exchange, retirement, sinking fund or similar payment, purchase or other acquisition for value, direct or indirect, of any Equity Interest
of the Parent, the Borrower or any Subsidiary now or hereafter outstanding; and (c)&nbsp;any payment made to retire, or to obtain the
surrender of, any outstanding warrants, options or other rights to acquire any Equity Interests of the Parent, the Borrower or any Subsidiary
now or hereafter outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Restriction Period</B>&#8221;
shall mean the period commencing on the First Amendment Date and ending on the date on which the Borrower has delivered a notice to the
Administrative Agent certifying that (i) the Borrower has demonstrated compliance with the Financial Covenants for the first fiscal quarter
following the end of the Covenant Relief Period in its regular quarterly or annual reporting delivered pursuant to Section 9.1 or 9.2,
as the case may be, and (ii) no Default or Event of Default has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Commitment</B>&#8221;
means, as to each Lender (other than the Swingline Lender), such Lender&#8217;s obligation to make Revolving Loans pursuant to Section&nbsp;2.1.,
to issue (in the case of the Issuing Banks) and to participate (in the case of the other Revolving Lenders) in Letters of Credit pursuant
to Section&nbsp;2.3.(i), and to participate in Swingline Loans pursuant to Section&nbsp;2.4.(e), in an amount up to, but not exceeding,
the amount set forth for such Lender on Schedule I as such Revolving Lender&#8217;s &#8220;Revolving Commitment Amount&#8221; or as set
forth in the applicable Assignment and Assumption or agreement executed by a Person becoming a Revolving Lender pursuant to Section&nbsp;2.16.,
as the same may be reduced from time to time pursuant to Section&nbsp;2.12., increased from time to time pursuant to Section 2.16., or
increased or reduced as appropriate to reflect any assignments to or by such Revolving Lender effected in accordance with Section&nbsp;13.5.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Commitment
Percentage</B>&#8221; means, as to each Revolving Lender, the ratio, expressed as a percentage, of (a) the amount of such Lender&#8217;s
Revolving Commitment to (b) the aggregate amount of the Revolving Commitments of all Lenders; provided, however, that if at the time of
determination the Revolving Commitments have been terminated or been reduced to zero, the &#8220;Revolving Commitment Percentage&#8221;
of each Revolving Lender shall be the Revolving Commitment Percentage of such Revolving Lender in effect immediately prior to such termination
or reduction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Credit
Exposure</B>&#8221; means, as to any Revolving Lender at any time, the aggregate principal amount at such time of its outstanding Revolving
Loans and such Revolving Lender&#8217;s participation in Letter of Credit Liabilities and Swingline Loans at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving
Lender</B>&#8221; means a Lender having a Revolving Commitment, or if the Revolving Commitments have been terminated or reduced to zero,
holding any Revolving Loans or Letter of Credit Liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Loan</B>&#8221;
means a loan made by a Revolving Lender to the Borrower pursuant to Section&nbsp;2.1.(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Note</B>&#8221;
means a promissory note of the Borrower substantially in the form of Exhibit&nbsp;C, payable to the order of a Revolving Lender in a principal
amount equal to the amount of such Lender&#8217;s Revolving Commitment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Revolving Termination
Date</B>&#8221; means July 25, 2023, or such later date to which the Revolving Termination Date may be extended pursuant to Section&nbsp;2.13.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Sanctioned Country</B>&#8221;
means, at any time, a country or territory which is itself the subject or target of any Sanctions (including, as of the Closing Date,
Cuba, Iran, North Korea, Syria and Crimea).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Sanctioned Person</B>&#8221;
means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by OFAC (including, without limitation,
OFAC&#8217;s Specially Designated Nationals and Blocked Persons List and OFAC&#8217;s Consolidated Non-SDN List), the U.S. Department
of State, the United Nations Security Council, the European Union, Her Majesty&#8217;s Treasury of the United Kingdom, or other relevant
sanctions authority, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned or controlled by
any such Person or Persons described in clauses (a) and (b), including a Person that is deemed by OFAC to be a Sanctions target based
on the ownership of such legal entity by Sanctioned Person(s).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Sanctions</B>&#8221;
means any and all economic or financial sanctions, sectoral sanctions, secondary sanctions, trade embargoes and anti-terrorism laws, including
but not limited to those imposed, administered or enforced from time to time by the U.S. government (including those administered by OFAC
or the U.S. Department of State), the United Nations Security Council, the European Union, Her Majesty&#8217;s Treasury of the United
Kingdom, or other relevant sanctions authority with jurisdiction over any Lender, the Borrower or any of its Subsidiaries or Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Seasoned Date</B>&#8221;
means the first day on which an acquired Property on which a hotel is located has been owned for four (4) full fiscal quarters following
the date of acquisition by the Parent, the Borrower, a Subsidiary or an Unconsolidated Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Seasoned Property</B>&#8221;
means Property on which a hotel is located that is not a New Property or a Development/Redevelopment Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>SEC</B>&#8221; means
the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal functions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Second Post Covenant
Relief Period</B>&#8221; has the meaning given to that term in the definition of &#8220;Operating Property Value&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Secured
Indebtedness</B>&#8221; means, with respect to any Person, (a)&nbsp;all Indebtedness of such Person that is secured in any manner by
any Lien on any Property <U>plus</U> (b)&nbsp;such Person&#8217;s pro rata share of the Secured Indebtedness of any of such
Person&#8217;s Unconsolidated Affiliates; provided that neither any New York Mortgage nor any mortgage encumbering property located
in New York State securing Indebtedness of the Loan Parties pursuant to provisions in loan documentation governing such Indebtedness
which provisions are substantially similar to Section 13.21 of this Agreement shall constitute Secured Indebtedness hereunder;
provided, further that after the First Amendment Date and prior to the Security Release Date, Secured Indebtedness shall not include
the Obligations or the obligations evidenced by the Existing Term Loan Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Secured Recourse
Indebtedness</B>&#8221; means all Indebtedness (including Guaranties of Secured Indebtedness) that is Secured Indebtedness and is not
Nonrecourse Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Securities Act</B>&#8221;
means the Securities Act of 1933, as amended from time to time, together with all rules and regulations issued thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Security Release
Date</B>&#8221; shall mean the date upon which the Borrower has delivered a notice to the Administrative Agent (which notice may not be
sent prior to June 30, 2022) certifying that the following has occurred: (i) if such notice is delivered prior to July 1, 2023, the Borrower
shall have demonstrated compliance (in its regular quarterly and/or annual reporting delivered pursuant to Section 9.1 and/or Section
9.2 hereof) with the Financial Covenants (without giving effect to the modifications imposed during the Ratio Adjustment Period) for two
consecutive fiscal quarters following the end of the Covenant Relief Period, (ii) no Default or Event of Default shall have occurred and
be continuing and (iii) the Liens securing the Existing Term Loan have been released or shall be released substantially simultaneously
with the release of all Liens securing the Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Significant Subsidiary</B>&#8221;
means any Subsidiary to which more than $30,000,000 of Total Asset Value is attributable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Single Asset Entity</B>&#8221;
means a Person (other than an individual) that (a) only owns a single Property; (b) is engaged only in the business of owning, developing
and/or leasing such Property; and (c) receives substantially all of its gross revenues from such Property. In addition, if the assets
of a Person consist solely of (i) Equity Interests in one or more Single Asset Entities that directly or indirectly own such single Property
and (ii) cash and other assets of nominal value incidental to such Person&#8217;s ownership of the other Single Asset Entity, such Person
shall also be deemed to be a Single Asset Entity for purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>SOFR</B>&#8221;
with respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as
the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York&#8217;s Website.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Solvent</B>&#8221;
means, when used with respect to any Person, that (a)&nbsp;the fair value and the fair salable value of its assets (excluding any Indebtedness
due from any Affiliate of such Person) are each in excess of the fair valuation of its total liabilities (including all contingent liabilities
computed at the amount which, in light of all the facts and circumstances existing at such time, represents the amount that could reasonably
be expected to become an actual and matured liability); (b)&nbsp;such Person is able to pay its debts or other obligations in the ordinary
course as they mature; and (c)&nbsp;such Person has capital not unreasonably small to carry on its business and all business in which
it proposes to be engaged.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Specified Derivatives
Contract</B>&#8221; means any Derivatives Contract, together with any Derivatives Support Document relating thereto, that is made or entered
into at any time, or in effect at any time now or hereafter, whether as a result of an assignment or transfer or otherwise, between the
Parent, the Borrower or any Subsidiary of the Parent and an Specified Derivatives Provider.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Specified
Derivatives Obligations</B>&#8221; means all indebtedness, liabilities, obligations, covenants and duties of the Parent, the
Borrower or any Subsidiaries under or in respect of any Specified Derivatives Contract, whether direct or indirect, absolute or
contingent, due or not due, liquidated or unliquidated, and whether or not evidenced by any written confirmation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Specified Derivatives
Provider</B>&#8221; means any Lender, or any Affiliate of a Lender that is a party to a Derivatives Contract at the time the Derivatives
Contract is entered into.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>S&amp;P</B>&#8221;
means Standard &amp; Poor&#8217;s Rating Services, a Standard &amp; Poor&#8217;s Financial Services LLC business and its successors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Stated Amount</B>&#8221;
means the amount available to be drawn by a beneficiary under a Letter of Credit from time to time, as such amount may be increased or
reduced from time to time in accordance with the terms of such Letter of Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Subsidiary</B>&#8221;
means, for any Person, any corporation, partnership, limited liability company or other entity of which at least a majority of the Equity
Interests having by the terms thereof ordinary voting power to elect a majority of the board of directors or other individuals performing
similar functions of such corporation, partnership, limited liability company or other entity (without regard to the occurrence of any
contingency) is at the time directly or indirectly owned or controlled by such Person or one or more Subsidiaries of such Person or by
such Person and one or more Subsidiaries of such Person, and shall include all Persons the accounts of which are consolidated with those
of such Person pursuant to GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swap Obligation</B>&#8221;
means, with respect to any Guarantor, any obligation to pay or perform under any agreement, contract or transaction that constitutes a
 &#8220;swap&#8221; within the meaning of Section 1a(47) of the Commodity Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Commitment</B>&#8221;
means the Swingline Lender&#8217;s obligation to make Swingline Loans pursuant to Section 2.4. in an amount up to, but not exceeding the
amount set forth in the first sentence of Section 2.4.(a), as such amount may be reduced from time to time in accordance with the terms
hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Lender</B>&#8221;
means Wells Fargo Bank, National Association, together with its successors and assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Loan</B>&#8221;
means a loan made by the Swingline Lender to the Borrower pursuant to Section&nbsp;2.4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Maturity
Date</B>&#8221; means the date which is 7 Business Days prior to the Revolving Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Swingline Note</B>&#8221;
means the promissory note of the Borrower substantially in the form of Exhibit&nbsp;H, payable to the order of the Swingline Lender in
a principal amount equal to the amount of the Swingline Commitment as originally in effect and otherwise duly completed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Taxable REIT Subsidiary</B>&#8221;
means any corporation (other than a REIT) in which the Parent directly or indirectly owns stock and the Parent and such corporation have
jointly elected that such corporation be treated as a taxable REIT subsidiary of the Parent under and pursuant to Section 856 of the Internal
Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Taxes</B>&#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.</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Termination Date</B>&#8221;
means (a) with respect to the Revolving Loans and the Revolving Commitments, the Revolving Termination Date and (b) with respect to the
Term Loans, the Term Loan Maturity Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan</B>&#8221;
means a loan made by a Lender to the Borrower pursuant to Section 2.2.(a) as such loan may be increased pursuant to Section 2.16.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan Commitment</B>&#8221;
means, as to each Lender, such Lender&#8217;s obligation to make Term Loans on the Effective Date pursuant to Section 2.2.(a), in an amount
up to, but not exceeding the amount set forth for such Lender on Schedule I as such Lender&#8217;s &#8220;Term Loan Commitment Amount&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan Lender</B>&#8221;
means a Lender having a Term Loan Commitment or, if the Term Loan Commitments have terminated, a Lender holding a Term Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan Maturity
Date</B>&#8221; means July 25, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term Loan Note</B>&#8221;
means a promissory note of the Borrower substantially in the form of Exhibit&nbsp;L, payable to the order of a Term Loan Lender in a principal
amount equal to the amount of such Lender&#8217;s Term Loan Commitment or, if issued after the Effective Date, the amount of such Term
Loan Lender&#8217;s Term Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Term SOFR</B>&#8221;
means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Third Post Covenant
Relief Period</B>&#8221; has the meaning given to that term in the definition of &#8220;Operating Property Value&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Titled Agents</B>&#8221;
has the meaning given that term in Section&nbsp;12.9.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Total Asset
Value</B>&#8221; means the sum of all of the following of the Parent, the Borrower and their respective Subsidiaries (without
duplication) on a consolidated basis determined in accordance with GAAP applied on a consistent basis: (a) the Operating Property
Value of all Properties of the Parent, the Borrower and their Subsidiaries on which a hotel is located, <U>plus</U> (b) the book
value of Unimproved Land, Mortgage Receivables and other promissory notes, <U>plus</U> (c) the Borrower&#8217;s Ownership Share of
the preceding items for its Unconsolidated Affiliates, <U>plus</U> (d)&nbsp;the contractual purchase price of any real property
subject to a purchase obligation, repurchase obligation or forward commitment which at such time could be specifically enforced by
the seller of such real property, but only to the extent such obligations are included in the Indebtedness of the Parent, the
Borrower and their respective Subsidiaries on a consolidated basis, <U>plus</U> (e)&nbsp;in the case of any real property subject to
a purchase obligation, repurchase obligation or forward commitment which at such time could not be specifically enforced by the
seller of such real property, the aggregate amount of due diligence deposits, earnest money payments and other similar payments made
under the applicable contract which, at such time, would be subject to forfeiture upon termination of the contract, but only to the
extent such amounts are included in the Indebtedness of the Parent, the Borrower and their respective Subsidiaries on a consolidated
basis <U>minus</U> (f) to the extent otherwise included in Total Asset Value any deferred financing costs. For purposes of
determining Total Asset Value, (i) to the extent the amount of Total Asset Value attributable to Unimproved Land would exceed 5% of
Total Asset Value, such excess shall be excluded, (ii) to the extent the amount of Total Asset Value attributable to Mortgage Notes
Receivables and other promissory notes would exceed 15% of Total Asset Value, such excess shall be excluded, (iii) to the extent the
amount of Total Asset Value attributable to Investments in Unconsolidated Affiliates and other Persons that are not Subsidiaries
would exceed 10% of Total Asset Value, such excess shall be excluded, (iv) to the extent the amount of Total Asset Value
attributable to Development/Redevelopment Properties would exceed 15% of Total Asset Value, such excess shall be excluded and (v) to
the extent the amount of Total Asset Value attributable to the items described in clauses (i) through (v) would exceed 35% of Total
Asset Value, such excess shall be excluded. The percentage of Total Asset Value attributable to a given Subsidiary shall be equal to
the ratio expressed as a percentage of (x) an amount equal to Total Asset Value calculated solely with respect to assets owned
directly by such Subsidiary to (y) Total Asset Value. For purposes of determining Total Asset Value, Adjusted NOI from Properties
disposed of by the Parent, the Borrower or any Subsidiary during the immediately preceding period of four consecutive fiscal
quarters of the Borrower shall be excluded.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Total Indebtedness</B>&#8221;
means all Indebtedness of the Parent, the Borrower and all other Subsidiaries of the Parent determined on a consolidated basis, minus,
to the extent otherwise included in such Indebtedness, deferred financing costs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Type</B>&#8221;
with respect to any Revolving Loan, refers to whether such Loan or portion thereof is a LIBOR Loan or a Base Rate Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>UCC</B>&#8221; means
the Uniform Commercial Code as in effect in any applicable jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>UK Financial Institution</B>&#8221;
means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>UK Resolution Authority</B>&#8221;
means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0pt 0; text-align: justify">&#8220;<B>Unadjusted Benchmark Replacement</B>&#8221;
means the Benchmark Replacement excluding the Benchmark Replacement Adjustment.&#9;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unconsolidated Affiliate</B>&#8221;
means, with respect to any Person, any other Person in whom such Person holds an Investment, which Investment is accounted for in the
financial statements of such Person on an equity basis of accounting and whose financial results would not be consolidated under GAAP
with the financial results of such Person on the consolidated financial statements of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unencumbered Leverage
Ratio</B>&#8221; means the ratio, expressed as a percentage, of (i)&nbsp;the aggregate outstanding principal amount of Indebtedness (excluding
Nonrecourse Indebtedness and Indebtedness to the extent owing among the Parent and/or any of its Subsidiaries but including Secured Recourse
Indebtedness and the aggregate principal amount of all Loans and the aggregate amount of all Letter of Credit Liabilities) of the Parent
and the Ownership Share of all such Indebtedness of its Subsidiaries to (ii)&nbsp;Unencumbered Property Value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unencumbered Leverage
Ratio Surge Period</B>&#8221; has the meaning given to that term in Section 10.1.(e).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unencumbered
Property</B>&#8221; means an Eligible Property; provided, that, notwithstanding anything to the contrary set forth herein, each
Frenchman&#8217;s Reef Property may only be included as an Unencumbered Property once the construction at such Property is complete,
such Property has all material occupancy and operating permits and licenses required by Applicable Law, such Property is open for
business <FONT STYLE="font-size: 10pt">and solely to the extent such Property meets the requirements set forth in the definition of
Eligible Property and is valued as a Seasoned Property in accordance with the final sentence of the definition of Operating Property
Value. A Property shall cease to be an Unencumbered Property if at any time such Property shall cease to be an Eligible Property
unless otherwise agreed by the Requisite Lenders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unencumbered Property
Value</B>&#8221; means, at any time of determination, the aggregate Operating Property Values of the Unencumbered Properties at such time.
For purposes of this definition, the Adjusted NOI for any Unencumbered Property shall be reduced by an amount equal to the greater of
(x)&nbsp;the amount by which the Adjusted NOI of such Unencumbered Property would exceed 30.0% of the aggregate Adjusted NOI of all Unencumbered
Properties and (y)&nbsp;the amount by which the Adjusted NOI of Unencumbered Properties located in the same metropolitan statistical area
as such Property would exceed 40.0% of the aggregate Adjusted NOI of all Unencumbered Properties. In addition, to the extent that Unencumbered
Property Value attributable to (i) Properties leased under Ground Leases would exceed 33.0% of Unencumbered Property Value, such excess
shall be excluded, and (ii) Frenchman&#8217;s Reef would exceed 10% of Unencumbered Property Value, such excess shall be excluded. For
purposes of determining Unencumbered Property Value, Adjusted NOI from Properties disposed of by the Borrower or any Subsidiary during
the immediately preceding period of four consecutive fiscal quarters of the Borrower shall be excluded.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unimproved Land</B>&#8221;
means land on which no development (other than improvements that are not material and are temporary in nature) has occurred and for which
no development is scheduled in the following 12 months. Unimproved Land shall not include any undeveloped parcels of a Property that has
been developed unless and until the Borrower intends to develop such parcel.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Unsecured Indebtedness</B>&#8221;
means with respect to a Person as of any given date, (a) the aggregate principal amount of (a) all Indebtedness of such Person outstanding
at such date that is not Secured Indebtedness plus (b) all Nonrecourse Indebtedness which such Person has Guaranteed but only to the extent
of such Guaranty (excluding obligations in respect of Guaranties of customary exceptions to nonrecourse liability).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>UP Retained Proceeds</B>&#8221;
has the meaning assigned to such term in the definition of &#8220;Net Asset Sale Proceeds&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>U.S. Person</B>&#8221;
means any Person that is a &#8220;United States Person&#8221; as defined in Section 7701(a)(30) of the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>U.S. Tax Compliance
Certificate</B>&#8221; has the meaning assigned to such term in Section&nbsp;3.10.(g)(ii)(B)(III).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Wells Fargo</B>&#8221;
means Wells Fargo Bank, National Association, and its successors and assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Wholly Owned Subsidiary</B>&#8221;
means any Subsidiary of a Person in respect of which all of the Equity Interests (other than, in the case of a corporation, directors&#8217;
qualifying shares) are at the time directly or indirectly owned or controlled by such Person or one or more other Subsidiaries of such
Person or by such Person and one or more other Subsidiaries of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Withdrawal Liability</B>&#8221;
means any liability as a result of a complete or partial withdrawal from a Multiemployer Plan as such terms are defined in Part&nbsp;I
of Subtitle&nbsp;E of Title&nbsp;IV of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<!-- Field: Split-Segment; Name: 5 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;&#8220;<B>Withholding
Agent</B>&#8221; means (a)&nbsp;the Borrower, (b)&nbsp;any other Loan Party and (c)&nbsp;the Administrative Agent, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8220;<B>Write-Down and Conversion
Powers</B>&#8221; means (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution
Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers
are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution
Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any 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 such Person or any other Person, to provide that any such contract or instrument is to have effect as if a right had been exercised
under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related
to or ancillary to any of those powers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;1.2.
General; References to Pacific Time.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Unless otherwise
indicated, all accounting terms, ratios and measurements shall be interpreted or determined in accordance with GAAP; provided that,
if at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document,
and either the Borrower or the Requisite Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall
negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP
(subject to the approval of the appropriate Lenders pursuant to Section&nbsp;13.6.); provided further that, until so amended, (i)
such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Borrower
shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or
as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and
after giving effect to such change in GAAP. References in this Agreement to &#8220;Sections&#8221;, &#8220;Articles&#8221;,
 &#8220;Exhibits&#8221; and &#8220;Schedules&#8221; are to sections, articles, exhibits and schedules herein and hereto unless
otherwise indicated. <FONT STYLE="text-transform: uppercase">r</FONT>eferences in this Agreement to any document, instrument or
agreement (a)&nbsp;shall include all exhibits, schedules and other attachments thereto, (b)&nbsp;shall include all documents,
instruments or agreements issued or executed in replacement thereof, to the extent permitted hereby and (c)&nbsp;shall mean such
document, instrument or agreement, or replacement or predecessor thereto, as amended, supplemented, restated or otherwise modified
from time to time to the extent not prohibited hereby and in effect at any given time. Wherever from the context it appears
appropriate, each term stated in either the singular or plural shall include the singular and plural, and pronouns stated in the
masculine, feminine or neuter gender shall include the masculine, the feminine and the neuter. Except as expressly provided
otherwise in any Loan Document, (i)&nbsp;any reference to any law (including, without limitation, Anti-Corruption Laws, Anti-Money
Laundering Laws, the Bankruptcy Code, the Internal Revenue Code, ERISA, the PATRIOT Act, the UCC or the Investment Company Act)
shall include all statutory and regulatory provisions consolidating, amending, replacing or interpreting such law and any reference
to any law or regulation shall, unless otherwise specified, refer to such law or regulation as amended, modified, extended,
restated, replaced or supplemented from time to time and (ii)&nbsp;any reference to any Person shall be construed to include such
Person&#8217;s permitted successors and permitted assigns. Unless explicitly set forth to the contrary, a reference to
 &#8220;Subsidiary&#8221; means a Subsidiary of the Parent or a Subsidiary of such Subsidiary and a reference to an
 &#8220;Affiliate&#8221; means a reference to an Affiliate of the Parent. Titles and captions of Articles, Sections, subsections and
clauses in this Agreement are for convenience only, and neither limit nor amplify the provisions of this Agreement. Unless otherwise
indicated, all references to time are references to Pacific time. Notwithstanding the first sentence of this Section 1.2., (i) the
calculation of liabilities shall not include any fair value adjustments to the carrying value of liabilities to record such
liabilities at fair value pursuant to electing the fair value option election under FASB ASC 825-10-25 (formerly known as FAS 159,
The Fair Value Option for Financial Assets and Financial Liabilities) or other FASB standards allowing entities to elect fair value
option for financial liabilities and (ii) all accounting terms, ratios and calculations shall be determined without giving effect to
Accounting Standards Codification 842 (or any other Accounting Standards Codification or Financial Accounting Standard having a
similar result or effect) (and related interpretations) to the extent any lease (or similar arrangement conveying the right to use)
would be required to be treated as a capital lease thereunder where such lease (or similar arrangement) would have been treated as
an operating lease under GAAP as in effect immediately prior to the effectiveness of the Accounting Standards Codification 842,
provided that the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents
required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio
or requirement made in accordance with GAAP and made without giving effect to Account Standards Codification 842.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;1.3. Financial Attributes
of Non-Wholly Owned Subsidiaries.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">When determining compliance
by the Borrower or the Parent with any financial covenant contained in any of the Loan Documents, only the Ownership Share of the Borrower
or the Parent, as applicable, of the financial attributes of a Subsidiary that is not a Wholly Owned Subsidiary shall be included.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;1.4. Rates.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent does
not warrant or accept responsibility for, and shall not have any liability with respect to, the administration, submission or any other
matter related to the rates in the definition of &#8220;LIBOR&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;1.5. Divisions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For all purposes under the
Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction&#8217;s
laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different
Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person
comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its
equity interests at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article II. Credit Facility</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.1.
Revolving Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Making
of Revolving Loans</U>. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section&nbsp;2.15.,
each Revolving Lender severally and not jointly agrees to make Revolving Loans to the Borrower in Dollars during the period from and including
the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to,
but not exceeding, such Lender&#8217;s Revolving Commitment. Each borrowing of Revolving Loans that are to be (i) Base Rate Loans shall
be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess thereof and (ii) LIBOR Loans shall be in an
aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Notwithstanding the immediately preceding
two sentences but subject to Section&nbsp;2.15., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving
Commitments. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and
reborrow Revolving Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Requests
for Revolving Loans</U>. Not later than 9:00 a.m. Pacific time at least one Business Day prior to a borrowing of Revolving Loans that
are to be Base Rate Loans and not later than 9:00 a.m. Pacific time at least three Business Days prior to a borrowing of Revolving Loans
that are to be LIBOR Loans, the Borrower shall deliver to the Administrative Agent a Notice of Borrowing. Each Notice of Borrowing shall
specify the aggregate principal amount of the Revolving Loans to be borrowed, the date such Revolving Loans are to be borrowed (which
must be a Business Day), a general description of the use of the proceeds of such Revolving Loans, the Type of the requested Revolving
Loans, and if such Revolving Loans are to be LIBOR Loans, the initial Interest Period for such Revolving Loans. Each Notice of Borrowing
shall be irrevocable once given and binding on the Borrower. Prior to delivering a Notice of Borrowing, the Borrower may (without specifying
whether a Revolving Loan will be a Base Rate Loan or a LIBOR Loan) request that the Administrative Agent provide the Borrower with the
most recent LIBOR available to the Administrative Agent. The Administrative Agent shall provide such quoted rate to the Borrower on the
date of such request or as soon as possible thereafter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Funding
of Revolving Loans</U>. Promptly after receipt of a Notice of Borrowing under the immediately preceding subsection (b), the Administrative
Agent shall notify each Revolving Lender of the proposed borrowing. Each Revolving Lender shall deposit an amount equal to the Revolving
Loan to be made by such Revolving Lender to the Borrower with the Administrative Agent at the Principal Office, in immediately available
funds not later than 9:00 a.m. Pacific time on the date of such proposed Revolving Loans. Subject to fulfillment of all applicable conditions
set forth herein, the Administrative Agent shall make available to the Borrower in the account specified in the Disbursement Instruction
Agreement, not later than 12:00 noon Pacific time on the date of the requested borrowing of Revolving Loans, the proceeds of such amounts
received by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assumptions
Regarding Funding by Revolving Lenders</U>. With respect to Revolving Loans to be made after the Effective Date, unless the Administrative
Agent shall have been notified by any Revolving Lender that such Lender will not make available to the Administrative Agent a Revolving
Loan to be made by such Lender in connection with any borrowing, the Administrative Agent may assume that such Lender will make the proceeds
of such Revolving Loan available to the Administrative Agent in accordance with this Section, and the Administrative Agent may (but shall
not be obligated to), in reliance upon such assumption, make available to the Borrower the amount of such Revolving Loan to be provided
by such Lender. In such event, if such Lender does not make available to the Administrative Agent the proceeds of such Revolving Loan,
then such Lender and the Borrower severally agree to pay to the Administrative Agent on demand the amount of such Revolving Loan with
interest thereon, for each day from and including the date such Revolving Loan is made available to the Borrower but excluding the date
of payment to the Administrative Agent, at (i)&nbsp;in the case of a payment to be made by such Lender, the greater of the Federal Funds
Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation and (ii) in
the case of a payment to be made by the Borrower, the interest rate applicable to Base Rate Loans that are Revolving Loans. If the Borrower
and such Lender shall pay the amount of such interest to the Administrative Agent for the same or overlapping period, the Administrative
Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays to the
Administrative Agent the amount of such Revolving Loan, the amount so paid shall constitute such Lender&#8217;s Revolving Loan included
in the borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Revolving Lender
that shall have failed to make available the proceeds of a Revolving Loan to be made by such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.2.
Term Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Making
of Term Loans</U>. Subject to the terms and conditions set forth in this Agreement, on the Effective Date, each Term Loan Lender severally
and not jointly agrees to make a Term Loan to the Borrower in Dollars in the principal amount set forth for such Term Loan Lender on Schedule
I as such Term Loan Lender&#8217;s &#8220;Term Loan Commitment Amount&#8221;. Upon the funding by each Term Loan Lender of its Term Loan
on the Effective Date, the Term Loan Commitment of such Term Loan Lender shall terminate whether or not the full amount of the Term Loan
Commitments are funded on such date. Any portion of a Term Loan that is repaid or prepaid may not be reborrowed. Additional Term Loans
shall be made in accordance with Section 2.16.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Request
for Term Loans</U>. The Borrower shall deliver to the Administrative Agent a Notice of Borrowing requesting that the Term Loan Lenders
make Term Loans on the Effective Date. Such Notice of Borrowing shall be delivered to the Administrative Agent not later than 9:00 a.m.
Pacific time at least 1 Business Day prior to the Effective Date for Term Loans that are to be Base Rate Loans and not later than 9:00
a.m. Pacific time at least 3 Business Days prior to the Effective Date for Term Loans that are to be LIBOR Loans. Such Notice of Borrowing
shall specify the aggregate principal amount of the Term Loans to be borrowed, the Type of the requested Term Loans, and if such Term
Loans are to be LIBOR Loans, the initial Interest Period for such Term Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Funding
of Term Loans</U>. Promptly after receipt of the Notice of Borrowing under the immediately preceding subsection (b), the Administrative
Agent shall notify each Term Loan Lender of the proposed borrowing. Each Term Loan Lender shall deposit an amount equal to the Term Loan
to be made by such Term Loan Lender to the Borrower with the Administrative Agent at the Principal Office, in immediately available funds
not later than 9:00 a.m. Pacific time on the Effective Date. Subject to fulfillment of all applicable conditions set forth herein, the
Administrative Agent shall make available to the Borrower in the account specified in the Disbursement Instruction Agreement, not later
than 12:00 p.m. Pacific time on the date of the requested borrowing of Term Loans, the proceeds of such amounts received by the Administrative
Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assumptions
Regarding Funding by Term Loan Lenders</U>. With respect to Term Loans to be made on the Effective Date, unless the Administrative Agent
shall have been notified by any Term Loan Lender that such Lender will not make available to the Administrative Agent a Term Loan to be
made by such Lender, the Administrative Agent may assume that such Lender will make the proceeds of such Term Loan available to the Administrative
Agent in accordance with this Section, and the Administrative Agent may (but shall not be obligated to), in reliance upon such assumption,
make available to the Borrower the amount of such Term Loan to be provided by such Lender. In such event, if such Lender does not make
available to the Administrative Agent the proceeds of such Term Loan, then such Lender and the Borrower severally agree to pay to the
Administrative Agent on demand the amount of such Term Loan with interest thereon, for each day from and including the date such Term
Loan is made available to the Borrower but excluding the date of payment to the Administrative Agent, at (i) in the case of a payment
to be made by such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with
banking industry rules on interbank compensation and (ii) in the case of a payment to be made by the Borrower, the interest rate applicable
to Base Rate Loans that are Term Loan. If the Borrower and such Lender shall pay the amount of such interest to the Administrative Agent
for the same or overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by
the Borrower for such period. If such Lender pays to the Administrative Agent the amount of such Term Loan, the amount so paid shall constitute
such Lender&#8217;s Term Loan included in the borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower
may have against a Term Loan Lender that shall have failed to make available the proceeds of a Term Loan to be made by such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 2.3. Letters
of Credit.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Letters
of Credit</U>. Subject to the terms and conditions of this Agreement, including without limitation, Section&nbsp;2.15., each of the Issuing
Banks, on behalf of the Revolving Lenders, agrees to issue for the account of the Borrower during the period from and including the Effective
Date to, but excluding, the date 30 days prior to the Revolving Termination Date, one or more standby letters of credit (each a &#8220;Letter
of Credit&#8221;) up to a maximum aggregate Stated Amount at any one time outstanding not to exceed $40,000,000, as such amount may be
reduced from time to time in accordance with the terms hereof (the &#8220;L/C Commitment Amount&#8221;); <U>provided</U>, that an Issuing
Bank shall not be obligated to issue any Letter of Credit if (w) after giving effect to such issuance, the aggregate Stated Amount of
outstanding Letters of Credit issued by such Issuing Bank would exceed the lesser of (i)&nbsp;one-third of the L/C Commitment Amount and
(ii)&nbsp;the Revolving Commitment of such Issuing Bank in its capacity as a Revolving Lender, (x) any order, judgment or decree of any
Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain such Issuing Bank from issuing the Letter of Credit,
or any Applicable Law with respect to such Issuing Bank or any request or directive (whether or not having the force of law) from any
Governmental Authority with jurisdiction over such Issuing Bank shall prohibit, or request that such Issuing Bank refrain from, the issuance
of letters of credit generally or the Letter of Credit in particular, (y) the beneficiary of such Letter of Credit is a Sanctioned Person
or (z)&nbsp;such issuance would conflict with, or cause such Issuing Bank or any Revolving Lender to exceed any limits imposed by, any
Applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Terms
of Letters of Credit</U>. At the time of issuance, the amount, form, terms and conditions of each Letter of Credit, and of any drafts
or acceptances thereunder, shall be subject to approval by the applicable Issuing Bank and the Borrower. Notwithstanding the foregoing,
in no event may (i)&nbsp;the expiration date of any Letter of Credit extend beyond the date that is 30 days prior to the Revolving Termination
Date, or (ii) any Letter of Credit have an initial duration in excess of one year; provided, however, a Letter of Credit may contain a
provision providing for the automatic extension of the expiration date in the absence of a notice of non-renewal from the applicable Issuing
Bank but in no event shall any such provision permit the extension of the expiration date of such Letter of Credit beyond the date that
is thirty (30) days prior to the Revolving Termination Date; provided, further, that a Letter of Credit (any such Letter of Credit being
referred to as an &#8220;Extended Letter of Credit&#8221;) may, as a result of its express terms or as the result of the effect of an
automatic extension provision, have an expiration date of not more than one year beyond the date that is 30 days prior to the Revolving
Termination Date so long as the Borrower delivers to the Administrative Agent for its benefit and the benefit of the applicable Issuing
Bank and the Revolving Lenders no later than 30 days prior to the Revolving Termination Date Cash Collateral for such Letter of Credit
for deposit into the Letter of Credit Collateral Account in an amount equal to the Stated Amount of such Letter of Credit; provided, that
the obligations of the Borrower under this Section in respect of such Extended Letters of Credit shall survive the termination of this
Agreement and shall remain in effect until no such Extended Letters of Credit remain outstanding. If the Borrower fails to provide Cash
Collateral with respect to any Extended Letter of Credit by the date 30 days prior to the Revolving Termination Date, such failure shall
be treated as a drawing under such Extended Letter of Credit (in an amount equal to the maximum Stated Amount of such Letter of Credit),
which shall be reimbursed (or participations therein funded) by the Revolving Lenders in accordance with the immediately following subsections&nbsp;(i)
and (j), with the proceeds being utilized to provide Cash Collateral for such Letter of Credit. The initial Stated Amount of each Letter
of Credit shall be at least $100,000 (or such lesser amount as may be reasonably acceptable to the Administrative Agent and the applicable
Issuing Bank).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Requests
for Issuance of Letters of Credit</U>. The Borrower shall give the Issuing Bank selected by the Borrower to issue a Letter of Credit
and the Administrative Agent written notice at least 5 Business Days prior to the requested date of issuance of a Letter of Credit,
such notice to describe in reasonable detail the proposed terms of such Letter of Credit and the nature of the transactions or
obligations proposed to be supported by such Letter of Credit, and in any event shall set forth with respect to such Letter of
Credit the proposed (i)&nbsp;initial Stated Amount, (ii)&nbsp;beneficiary, and (iii)&nbsp;expiration date. The Borrower shall also
execute and deliver such customary applications and agreements for standby letters of credit, and other forms as requested from time
to time by the applicable Issuing Bank. Provided the Borrower has given the notice prescribed by the first sentence of this
subsection and delivered such application and agreements referred to in the preceding sentence, subject to the other terms and
conditions of this Agreement, including the applicable Issuing Banks&#8217;s approval of the form of the requested Letter of Credit
pursuant to Section 2.3.(b) and the satisfaction of any applicable conditions precedent set forth in Article&nbsp;VI, the applicable
Issuing Bank shall issue the requested Letter of Credit on the requested date of issuance for the benefit of the stipulated
beneficiary but in no event prior to the date 5 Business Days following the date after which such Issuing Bank has received all of
the items required to be delivered to it under this subsection. References herein to &#8220;issue&#8221; and derivations thereof
with respect to Letters of Credit shall also include extensions or modifications of any outstanding Letters of Credit, unless the
context otherwise requires. Upon the written request of the Borrower, the Issuing Banks shall deliver to the Borrower a copy of each
Letter of Credit issued by such Issuing Bank within a reasonable time after the date of issuance thereof. To the extent any term of
a Letter of Credit Document is inconsistent with a term of any Loan Document, the term of such Loan Document shall control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reimbursement
Obligations</U>. Upon receipt by an Issuing Bank from the beneficiary of a Letter of Credit issued by such Issuing Bank of any demand
for payment under such Letter of Credit and such Issuing Banks&#8217;s determination that such demand for payment complies with the requirements
of such Letter of Credit, such Issuing Bank shall promptly notify the Borrower and the Administrative Agent of the amount to be paid by
such Issuing Bank as a result of such demand and the date on which payment is to be made by such Issuing Bank to such beneficiary in respect
of such demand; provided, however, that such Issuing Banks&#8217;s failure to give, or delay in giving, such notice shall not discharge
the Borrower in any respect from the applicable Reimbursement Obligation. The Borrower hereby absolutely, unconditionally and irrevocably
agrees to pay and reimburse the Issuing Banks for the amount of each demand for payment under a Letter of Credit on or prior to the date
on which payment is to be made by the applicable Issuing Bank to the beneficiary thereunder, without presentment, demand, protest or other
formalities of any kind (other than notice as provided in this subsection). Upon receipt by an Issuing Bank of any payment in respect
of any Reimbursement Obligation, such Issuing Bank shall promptly pay to each Revolving Lender that has acquired a participation therein
under the second sentence of the immediately following subsection (i) such Lender&#8217;s Revolving Commitment Percentage of such payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Manner
of Reimbursement</U>. Upon its receipt of a notice referred to in the immediately preceding subsection&nbsp;(d), the Borrower shall
advise the Administrative Agent and the applicable Issuing Bank whether or not the Borrower intends to borrow hereunder to finance
its obligation to reimburse such Issuing Bank for the amount of the related demand for payment and, if it does, the Borrower shall
submit a timely request for such borrowing as provided in the applicable provisions of this Agreement. If the Borrower fails to so
advise the Administrative Agent and the applicable Issuing Bank, or if the Borrower fails to reimburse such Issuing Bank for a
demand for payment under a Letter of Credit by the date of such payment, the failure of which such Issuing Bank shall promptly
notify the Administrative Agent, then (i)&nbsp;if the applicable conditions contained in Article&nbsp;VI. would permit the making of
Revolving Loans, the Borrower shall be deemed to have requested a borrowing of Revolving Loans (which shall be Base Rate Loans) in
an amount equal to the unpaid Reimbursement Obligation and the Administrative Agent shall give each Revolving Lender prompt notice
of the amount of the Revolving Loan to be made available to the Administrative Agent not later than 10:00 a.m. Pacific time and
(ii)&nbsp;if such conditions would not permit the making of Revolving Loans, the provisions of subsection&nbsp;(j) of this Section
shall apply. The limitations set forth in the second sentence of Section 2.1.(a) shall not apply to any borrowing of Base Rate Loans
under this subsection.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effect
of Letters of Credit on Revolving Commitments</U>. Upon the issuance by an Issuing Bank of any Letter of Credit and until such Letter
of Credit shall have expired or been cancelled, the Revolving Commitment of each Revolving Lender shall be deemed to be utilized for all
purposes of this Agreement in an amount equal to the product of (i)&nbsp;such Lender&#8217;s Revolving Commitment Percentage and (ii)&nbsp;the
sum of (A) the Stated Amount of such Letter of Credit plus (B)&nbsp;any related Reimbursement Obligations then outstanding.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Issuing
Banks&#8217; Duties Regarding Letters of Credit; Unconditional Nature of Reimbursement Obligations</U>. In examining documents
presented in connection with drawings under Letters of Credit and making payments under such Letters of Credit against such
documents, each Issuing Bank shall only be required to use the same standard of care as it uses in connection with examining
documents presented in connection with drawings under letters of credit in which it has not sold participations and making payments
under such letters of credit. The Borrower assumes all risks of the acts and omissions of, or misuse of the Letters of Credit by,
the respective beneficiaries of such Letters of Credit. In furtherance and not in limitation of the foregoing, none of the Issuing
Banks, Administrative Agent or any of the Revolving Lenders shall be responsible for, and the Borrower&#8217;s obligations in
respect of Letters of Credit shall not be affected in any manner by, (i)&nbsp;the form, validity, sufficiency, accuracy, genuineness
or legal effects of any document submitted by any party in connection with the application for and issuance of or any drawing
honored under any Letter of Credit even if such document should in fact prove to be in any or all respects invalid, insufficient,
inaccurate, fraudulent or forged; (ii)&nbsp;the validity or sufficiency of any instrument transferring or assigning or purporting to
transfer or assign any Letter of Credit, or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may
prove to be invalid or ineffective for any reason; (iii)&nbsp;failure of the beneficiary of any Letter of Credit to comply fully
with conditions required in order to draw upon such Letter of Credit; (iv)&nbsp;errors, omissions, interruptions or delays in
transmission or delivery of any messages, by mail, cable, facsimile, electronic mail, telecopy or otherwise, whether or not they be
in cipher; (v)&nbsp;errors in interpretation of technical terms; (vi)&nbsp;any loss or delay in the transmission or otherwise of any
document required in order to make a drawing under any Letter of Credit, or of the proceeds thereof; (vii)&nbsp;the misapplication
by the beneficiary of any Letter of Credit, or of the proceeds of any drawing under any Letter of Credit; or (viii)&nbsp;any
consequences arising from causes beyond the control of the Issuing Banks, Administrative Agent or the Revolving Lenders. None of the
above shall affect, impair or prevent the vesting of any of the applicable Issuing Bank&#8217;s or Administrative Agent&#8217;s
rights or powers hereunder. Any action taken or omitted to be taken by an Issuing Bank under or in connection with any Letter of
Credit, if taken or omitted in the absence of gross negligence or willful misconduct (as determined by a court of competent
jurisdiction in a final, non-appealable judgment), shall not create against such Issuing Bank any liability to the Borrower, the
Administrative Agent or any Revolving Lender. In this connection, the obligation of the Borrower to reimburse the applicable Issuing
Bank for any drawing made under any Letter of Credit, and to repay any Revolving Loan made pursuant to the second sentence of the
immediately preceding subsection (e), shall be absolute, unconditional and irrevocable and shall be paid strictly in accordance with
the terms of this Agreement and any other applicable Letter of Credit Document under all circumstances whatsoever, including without
limitation, the following circumstances: (A)&nbsp;any lack of validity or enforceability of any Letter of Credit Document or any
term or provisions therein; (B)&nbsp;any amendment or waiver of or any consent to departure from all or any of the Letter of Credit
Documents; (C)&nbsp;the existence of any claim, setoff, defense or other right which the Borrower may have at any time against any
Issuing Bank, the Administrative Agent or any Revolving Lender, any beneficiary of a Letter of Credit or any other Person, whether
in connection with this Agreement, the transactions contemplated hereby or in the Letter of Credit Documents or any unrelated
transaction; (D)&nbsp;any breach of contract or dispute between the Borrower, any Issuing Bank, the Administrative Agent, any
Revolving Lender or any other Person; (E)&nbsp;any demand, statement or any other document presented under a Letter of Credit
proving to be forged, fraudulent, invalid or insufficient in any respect or any statement therein or made in connection therewith
being untrue or inaccurate in any respect whatsoever; (F)&nbsp;any non&#45;application or misapplication by the beneficiary of a
Letter of Credit or of the proceeds of any drawing under such Letter of Credit; (G)&nbsp;payment by an Issuing Bank under any Letter
of Credit issued by such Issuing Bank against presentation of a draft or certificate which does not strictly comply with the terms
of such Letter of Credit; and (H)&nbsp;any other act, omission to act, delay or circumstance whatsoever that might, but for the
provisions of this Section, constitute a legal or equitable defense to or discharge of, or provide a right of setoff against, the
Borrower&#8217;s Reimbursement Obligations. Notwithstanding anything to the contrary contained in this Section or
Section&nbsp;13.9., but not in limitation of the Borrower&#8217;s unconditional obligation to reimburse an Issuing Bank for any
drawing made under a Letter of Credit issued by such Issuing Bank as provided in this Section and to repay any Revolving Loan made
pursuant to the second sentence of the immediately preceding subsection&nbsp;(e), the Borrower shall have no obligation to indemnify
the Administrative Agent, any Issuing Bank or any Lender in respect of any liability incurred by the Administrative Agent, such
Issuing Bank or such Lender arising solely out of the gross negligence or willful misconduct of the Administrative Agent, such
Issuing Bank or such Lender in respect of a Letter of Credit as determined by a court of competent jurisdiction in a final,
non-appealable judgment. Notwithstanding the above, nothing in this Section shall affect any rights the Borrower may have with
respect to the gross negligence or willful misconduct of the Administrative Agent, any Issuing Bank or any Lender with respect to
any Letter of Credit.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendments,
Etc</U>. The issuance by an Issuing Bank of any amendment, supplement or other modification to any Letter of Credit issued by such Issuing
Bank shall be subject to the same conditions applicable under this Agreement to the issuance of new Letters of Credit (including, without
limitation, that the request therefor be made through such Issuing Bank), and no such amendment, supplement or other modification shall
be issued unless either (i)&nbsp;the respective Letter of Credit affected thereby would have complied with such conditions had it originally
been issued hereunder in such amended, supplemented or modified form or (ii)&nbsp;the Administrative Agent and appropriate Revolving Lenders
required by Section&nbsp;13.6. shall have consented thereto. In connection with any such amendment, supplement or other modification,
the Borrower shall pay the fees, if any, payable under the last sentence of Section&nbsp;3.5.(c).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Revolving
Lenders&#8217; Participation in Letters of Credit</U>. Immediately upon the issuance by an Issuing Bank of any Letter of Credit each Revolving
Lender shall be deemed to have absolutely, irrevocably and unconditionally purchased and received from such Issuing Bank, without recourse
or warranty, an undivided interest and participation to the extent of such Lender&#8217;s Revolving Commitment Percentage of the liability
of such Issuing Bank with respect to such Letter of Credit and each Revolving Lender thereby shall absolutely, unconditionally and irrevocably
assume, as primary obligor and not as surety, and shall be unconditionally obligated to the such Issuing Bank to pay and discharge when
due, such Lender&#8217;s Revolving Commitment Percentage of such Issuing Bank&#8217;s liability under such Letter of Credit. In addition,
upon the making of each payment by a Revolving Lender to the Administrative Agent for the account of an Issuing Bank in respect of any
Letter of Credit issued by such Issuing Bank pursuant to the immediately following subsection&nbsp;(j), such Lender shall, automatically
and without any further action on the part of such Issuing Bank, Administrative Agent or such Lender, acquire (i)&nbsp;a participation
in an amount equal to such payment in the Reimbursement Obligation owing to the applicable Issuing Bank by the Borrower in respect of
such Letter of Credit and (ii)&nbsp;a participation in a percentage equal to such Lender&#8217;s Revolving Commitment Percentage in any
interest or other amounts payable by the Borrower in respect of such Reimbursement Obligation (other than the Fees payable to the applicable
Issuing Bank pursuant to the second and the last sentences of Section&nbsp;3.5.(c)).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
Obligation of Revolving Lenders</U>. Each Revolving Lender severally agrees to pay to the Administrative Agent, for the account of the
applicable Issuing Bank, on demand in immediately available funds in Dollars the amount of such Lender&#8217;s Revolving Commitment Percentage
of each drawing paid by such Issuing Bank under each Letter of Credit issued by such Issuing Bank to the extent such amount is not reimbursed
by the Borrower pursuant to the immediately preceding subsection (d); provided, however, that in respect of any drawing under any Letter
of Credit, the maximum amount that any Revolving Lender shall be required to fund, whether as a Revolving Loan or as a participation,
shall not exceed such Lender&#8217;s Revolving Commitment Percentage of such drawing except as otherwise provided in Section&nbsp;3.9.(d).
If the notice referenced in the second sentence of the immediately preceding subsection (e) is received by a Lender not later than 9:00
a.m. Pacific time, then such Revolving Lender shall make such payment available to the Administrative Agent not later than 12:00 p.m.
Pacific time on the date of demand therefor; otherwise, such payment shall be made available to the Administrative Agent not later than
11:00 a.m. Pacific time on the next succeeding Business Day. Each Revolving Lender&#8217;s obligation to make such payments to the Administrative
Agent under this subsection, and the Administrative Agent&#8217;s right to receive the same for the account of the applicable Issuing
Bank, shall be absolute, irrevocable and unconditional and shall not be affected in any way by any circumstance whatsoever, including
without limitation, (i)&nbsp;the failure of any other Revolving Lender to make its payment under this subsection, (ii)&nbsp;the financial
condition of the Borrower or any other Loan Party, (iii)&nbsp;the existence of any Default or Event of Default, including any Event of
Default described in Section&nbsp;11.1.(f) or (g), (iv)&nbsp;the termination of the Revolving Commitments or (v)&nbsp;the delivery of
Cash Collateral in respect of any Extended Letter of Credit. Each such payment to the Administrative Agent for the account of an Issuing
Bank shall be made without any offset, abatement, withholding or deduction whatsoever.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Information
to Revolving Lenders</U>. Periodically, each Issuing Bank shall deliver to the Administrative Agent, which shall promptly deliver the
same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing
Bank and outstanding at such time. Upon the request of any Revolving Lender from time to time, each Issuing Bank shall deliver any other
information reasonably requested by such Revolving Lender with respect to each Letter of Credit issued by such Issuing Bank and then outstanding.
Other than as set forth in this subsection, the Issuing Banks shall have no duty to notify the Lenders regarding the issuance or other
matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank to perform its requirements under this&nbsp;subsection
shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection&nbsp;(j).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Extended
Letters of Credit</U>. Each Revolving Lender confirms that its obligations under the immediately preceding subsections (i) and (j) shall
be reinstated in full and apply if the delivery of any Cash Collateral in respect of an Extended Letter of Credit is subsequently invalidated,
declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver or any other party, in connection
with any proceeding under any Debtor Relief Law or otherwise.</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 2.4. Swingline
Loans.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Swingline
Loans</U>. Subject to the terms and conditions hereof, including without limitation Section&nbsp;2.15, the Swingline Lender agrees
to make Swingline Loans to the Borrower, during the period from the Effective Date to but excluding the Swingline Maturity Date, in
an aggregate principal amount at any one time outstanding up to, but not exceeding, the lesser (such lesser amount being referred to
as the &#8220;Swingline Availability&#8221;) of (i) $40,000,000, as such amount may be reduced from time to time in accordance with
the terms hereof and (ii) the Revolving Commitment of the Swingline Lender in its capacity as a Revolving Lender minus the aggregate
outstanding principal amount of Revolving Loans of the Swingline Lender in its capacity as a Revolving Lender. If at any time the
aggregate principal amount of the Swingline Loans outstanding at such time exceeds the Swingline Availability at such time, the
Borrower shall immediately pay the Administrative Agent for the account of the Swingline Lender the amount of such excess. Subject
to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Swingline Loans hereunder. The borrowing
of a Swingline Loan shall not constitute usage of any Revolving Lender&#8217;s Revolving Commitment for purposes of calculation of
the fee payable under Section&nbsp;3.5.(b).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Procedure
for Borrowing Swingline Loans</U>. The Borrower shall give the Administrative Agent and the Swingline Lender notice pursuant to a Notice
of Swingline Borrowing or telephonic notice of each borrowing of a Swingline Loan. Each Notice of Swingline Borrowing shall be delivered
to the Swingline Lender no later than 9:00 a.m. Pacific time on the proposed date of such borrowing. Any telephonic notice shall include
all information to be specified in a written Notice of Swingline Borrowing and shall be promptly confirmed in writing by the Borrower
pursuant to a Notice of Swingline Borrowing sent to the Swingline Lender on the same day of the giving of such telephonic notice. Not
later than 12:00 noon Pacific time on the date of the requested Swingline Loan and subject to satisfaction of the applicable conditions
set forth in Section&nbsp;6.2. for such borrowing, the Swingline Lender will make the proceeds of such Swingline Loan available to the
Borrower in Dollars, in immediately available funds, in the account specified by the Borrower in the Disbursement Instruction Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Interest</U>.
Swingline Loans shall bear interest at a per annum rate equal to the Base Rate as in effect from time to time plus the Applicable Margin
for Base Rate Loans that are Revolving Loans. Interest on Swingline Loans is solely for the account of the Swingline Lender (except to
the extent a Revolving Lender acquires a participating interest in a Swingline Loan pursuant to the immediately following subsection (e)).
All accrued and unpaid interest on Swingline Loans shall be payable on the dates and in the manner provided in Section 2.5. with respect
to interest on Base Rate Loans (except as the Swingline Lender and the Borrower may otherwise agree in writing in connection with any
particular Swingline Loan).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Swingline
Loan Amounts, Etc</U>. Each Swingline Loan shall be in the minimum amount of $500,000 and integral multiples of $100,000 in excess thereof,
or such other minimum amounts agreed to by the Swingline Lender and the Borrower. Any voluntary prepayment of a Swingline Loan must be
in integral multiples of $100,000 or the aggregate principal amount of all outstanding Swingline Loans (or such other minimum amounts
upon which the Swingline Lender and the Borrower may agree) and in connection with any such prepayment, the Borrower must give the Swingline
Lender and the Administrative Agent prior written notice thereof no later than 9:00&nbsp;a.m. Pacific time on the day prior to the date
of such prepayment. The Swingline Loans shall, in addition to this Agreement, be evidenced by the Swingline Note.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Repayment
and Participations of Swingline Loans</U>. The Borrower agrees to repay each Swingline Loan within 3 Business Day of demand therefor
by the Swingline Lender and, in any event, within 5 Business Days after the date such Swingline Loan was made; provided, that the
proceeds of a Swingline Loan may not be used to pay a Swingline Loan. Notwithstanding the foregoing, the Borrower shall repay the
entire outstanding principal amount of, and all accrued but unpaid interest on, the Swingline Loans on the Swingline Maturity Date
(or such earlier date as the Swingline Lender and the Borrower may agree in writing). In lieu of demanding repayment of any
outstanding Swingline Loan from the Borrower, the Swingline Lender may, on behalf of the Borrower (which hereby irrevocably directs
the Swingline Lender to act on its behalf), request a borrowing of Revolving Loans that are Base Rate Loans from the Revolving
Lenders in an amount equal to the principal balance of such Swingline Loan. The amount limitations contained in the second sentence
of Section&nbsp;2.1.(a) shall not apply to any borrowing of such Revolving Loans made pursuant to this subsection. The Swingline
Lender shall give notice to the Administrative Agent of any such borrowing of Revolving Loans not later than 9:00 a.m. Pacific time
at least one Business Day prior to the proposed date of such borrowing. Promptly after receipt of such notice of borrowing of
Revolving Loans from the Swingline Lender under the immediately preceding sentence, the Administrative Agent shall notify each
Revolving Lender of the proposed borrowing. Not later than 9:00 a.m. Pacific time on the proposed date of such borrowing, each
Revolving Lender will make available to the Administrative Agent at the Principal Office for the account of the Swingline Lender, in
immediately available funds, the proceeds of the Revolving Loan to be made by such Lender. The Administrative Agent shall pay the
proceeds of such Revolving Loans to the Swingline Lender, which shall apply such proceeds to repay such Swingline Loan. If the
Revolving Lenders are prohibited from making Revolving Loans required to be made under this subsection for any reason whatsoever,
including without limitation, the existence of any of the Defaults or Events of Default described in Sections&nbsp;11.1.(f) or (g),
each Revolving Lender shall purchase from the Swingline Lender, without recourse or warranty, an undivided interest and
participation to the extent of such Revolving Lender&#8217;s Revolving Commitment Percentage of such Swingline Loan, by directly
purchasing a participation in such Swingline Loan in such amount and paying the proceeds thereof to the Administrative Agent for the
account of the Swingline Lender in Dollars and in immediately available funds. A Revolving Lender&#8217;s obligation to purchase
such a participation in a Swingline Loan shall be absolute and unconditional and shall not be affected by any circumstance
whatsoever, including without limitation, (i)&nbsp;any claim of setoff, counterclaim, recoupment, defense or other right which such
Lender or any other Person may have or claim against the Administrative Agent, the Swingline Lender or any other Person whatsoever,
(ii)&nbsp;the existence of a Default or Event of Default (including without limitation, any of the Defaults or Events of Default
described in Sections 11.1.&nbsp;(f) or (g)), or the termination of any Revolving Lender&#8217;s Revolving Commitment,
(iii)&nbsp;the existence (or alleged existence) of an event or condition which has had or could have a Material Adverse Effect,
(iv)&nbsp;any breach of any Loan Document by the Administrative Agent, any Lender, the Parent, the Borrower or any other Loan Party,
or (v)&nbsp;any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing. If such amount is
not in fact made available to the Swingline Lender by any Revolving Lender, the Swingline Lender shall be entitled to recover such
amount on demand from such Lender, together with accrued interest thereon for each day from the date of demand thereof, at the
Federal Funds Rate. If such Lender does not pay such amount forthwith upon the Swingline Lender&#8217;s demand therefor, and until
such time as such Lender makes the required payment, the Swingline Lender shall be deemed to continue to have outstanding Swingline
Loans in the amount of such unpaid participation obligation for all purposes of the Loan Documents (other than those provisions
requiring the other Revolving Lenders to purchase a participation therein). Further, such Lender shall be deemed to have assigned
any and all payments made of principal and interest on its Revolving Loans, and any other amounts due it hereunder, to the Swingline
Lender to fund Swingline Loans in the amount of the participation in Swingline Loans that such Lender failed to purchase pursuant to
this Section until such amount has been purchased (as a result of such assignment or otherwise)</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.5.
Rates and Payment of Interest on Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0.5in"></TD><TD STYLE="text-align: justify; width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Rates</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower promises to pay to the Administrative Agent for the account of each Revolving Lender interest on the unpaid principal amount
of each Revolving Loan made by such Revolving Lender for the period from and including the date of the making of such Revolving Loan to
but excluding the date such Revolving Loan shall be paid in full, at the following per annum rates:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;during
such periods as such Revolving Loan is a Base Rate Loan, at the Base Rate (as in effect from time to time), plus the Applicable Margin
for Revolving Loans that are Base Rate Loans; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;during
such periods as such Revolving Loan is a LIBOR Loan, at LIBOR for such Revolving Loan for the Interest Period therefor, plus the Applicable
Margin for Revolving Loans that are LIBOR Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower promises to pay to the Administrative Agent for the account of each Term Loan Lender interest on the unpaid principal amount
of each Term Loan made by such Term Loan Lender for the period from and including the date of the making of such Term Loan to but excluding
the date such Term Loan shall be paid in full, at the following per annum rates:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;during
such periods as such Term Loan is a Base Rate Loan, at the Base Rate (as in effect from time to time), plus the Applicable Margin for
Term Loans that are Base Rate Loans; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;during
such periods as such Term Loan is a LIBOR Loan, at LIBOR for such Loan for the Interest Period therefor, plus the Applicable Margin for
Term Loans that are LIBOR Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding the foregoing, while an Event
of Default exists under Section 11.1.(a), 11.1.(b), 11.1.(f), or 11.1.(g), or at the direction of the Requisite Lenders upon the existence
of any other Event of Default, the Borrower shall pay to the Administrative Agent for the account of each Class of Lenders and the Issuing
Banks, as the case may be, interest at the Post-Default Rate on the outstanding principal amount of any Class of Loans made by such Lender,
on all Reimbursement Obligations and on any other amount payable by the Borrower hereunder or under the Notes held by such Lender to or
for the account of such Lender (including without limitation, accrued but unpaid interest to the extent permitted under Applicable Law).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Interest</U>. All accrued and unpaid interest on the outstanding principal amount of each Loan shall be payable (i)&nbsp;monthly in
arrears on the first day of each month, commencing with the first full calendar month occurring after the Effective Date and (ii)&nbsp;on
any date on which the principal balance of such Loan is due and payable in full (whether at maturity, due to acceleration or otherwise).
Interest payable at the Post-Default Rate shall be payable from time to time on demand. All determinations by the Administrative Agent
of an interest rate hereunder shall be conclusive and binding on the Lenders and the Borrower for all purposes, absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Borrower
Information Used to Determine Applicable Interest Rates</U>. The parties understand that the applicable interest rate for the Obligations
and certain fees set forth herein may be determined and/or adjusted from time to time based upon certain financial ratios and/or other
information to be provided or certified to the Lenders by the Parent or the Borrower (the &#8220;Borrower Information&#8221;). If it is
subsequently determined that any such Borrower Information was incorrect (for whatever reason, including without limitation because of
a subsequent restatement of earnings by the Parent or the Borrower) at the time it was delivered to the Administrative Agent, and if the
applicable interest rate or fees calculated for any period were lower than they should have been had the correct information been timely
provided, then, such interest rate and such fees for such period shall be automatically recalculated using correct Borrower Information.
The Administrative Agent shall promptly notify the Borrower in writing of any additional interest and fees due because of such recalculation,
and the Borrower shall pay such additional interest or fees due to the Administrative Agent, for the account of each Lender, within 5
Business Days of receipt of such written notice. Any recalculation of interest or fees required by this provision shall survive the termination
of this Agreement, and this provision shall not in any way limit any of the Administrative Agent&#8217;s, any Issuing Bank&#8217;s, or
any Lender&#8217;s other rights under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.6.
Number of Interest Periods.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">There may be no more than
7 different Interest Periods for LIBOR Loans outstanding at the same time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.7.
Repayment of Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall repay the
entire outstanding principal amount of, and all accrued but unpaid interest on, each Class of Loans on the Termination Date for such Class
of Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.8.
Prepayments.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Optional</U>.
Subject to Section&nbsp;5.4., the Borrower may prepay any Loan at any time without premium or penalty. The Borrower shall give the Administrative
Agent at least 2 Business Days prior written notice of the prepayment of any Loan. Each voluntary partial prepayment of Loans shall be
in an aggregate minimum amount of $100,000 and integral multiples of $100,000 in excess thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0.5in"></TD><TD STYLE="text-align: justify; width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Mandatory</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Overadvance</U>.
If at any time the aggregate principal amount of all outstanding Revolving Loans and Swingline Loans, together with the aggregate amount
of all Letter of Credit Liabilities, exceeds the aggregate amount of the Revolving Commitments, the Borrower shall immediately upon demand
pay to the Administrative Agent for the account of the Revolving Lenders then holding Revolving Commitments (or if the Revolving Commitments
have been terminated, then holding outstanding Revolving Loans and/or Letter of Credit Liabilities), the amount of such excess.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Asset
Sales / Insurance and Condemnation</U>. If, at any time, on and after the First Amendment Date and prior to the end of the Restriction
Period, the Parent, the Borrower or any Subsidiary thereof receives Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds, the
Borrower shall, in accordance with clause (v) below, prepay the Term Loans, prepay the Revolving Loans and Swingline Loans and Cash Collateralize
the Letter of Credit Liabilities (without a permanent reduction in the Revolving Commitments) and prepay the Existing Term Loan (to an
amount not less than the Existing Term Loan Floor) in an amount equal to such Net Asset Sale Proceeds and Net Insurance/Condemnation Proceeds,
as the case may be, within three (3) Business Days of the Parent&#8217;s, Borrower&#8217;s, or such Subsidiary&#8217;s receipt thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Issuance
of Indebtedness</U>. If, at any time, on and after the First Amendment Date and prior to the last day of the Restriction Period, the Parent,
the Borrower or any Subsidiary thereof receives cash proceeds from any incurrence of any Indebtedness (including the net proceeds of any
refinancing of existing Indebtedness but excluding Excluded Prepayment Debt), the Borrower shall, in accordance with clause (v) below,
prepay the Term Loans, prepay the Revolving Loans and Swingline Loans and Cash Collateralize the Letter of Credit Liabilities (without
a permanent reduction in the Revolving Commitments) and prepay the Existing Term Loan (to an amount not less than the Existing Term Loan
Floor) in an amount equal to the amount of such cash proceeds, net of underwriting discounts and commissions and other reasonable costs
and expenses associated therewith (to the extent not paid to an Affiliate of the Parent, the Borrower or its Subsidiaries), including
reasonable legal fees and expenses, within three (3) Business Days of the Parent&#8217;s, the Borrower&#8217;s or such Subsidiary&#8217;s
receipt of such cash proceeds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Equity Issuances</U>. If, at any time, on and after the First Amendment Date and prior to the last day of the Restriction Period,
the Parent, the Borrower or any Subsidiary thereof receives cash proceeds from any Equity Issuances (other than, with respect to Equity
Issuances, as provided in the final sentence of this clause (b)(iv)), the Borrower shall, in accordance with clause (v) below, prepay
the Revolving Loans and Swingline Loans and Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in the
Revolving Commitments) in an amount equal to the amount of such cash proceeds, net of underwriting discounts and commissions and other
reasonable costs and expenses associated therewith (to the extent not paid to an Affiliate of the Parent, the Borrower or its Subsidiaries),
including reasonable legal fees and expenses, within three (3) Business Days of the Parent&#8217;s, the Borrower&#8217;s or such Subsidiary&#8217;s
receipt of such cash proceeds. Notwithstanding the foregoing the net proceeds of Equity Issuances shall not be required to be used to
prepay such amounts if (i) the proceeds of such Equity Issuances are promptly applied to acquisitions of Unencumbered Properties (or
the Equity Interests of a direct or indirect owner of an Unencumbered Property) as permitted pursuant to Section 10.15(e)(iii)(C) (for
the avoidance of doubt, the amount of such Equity Issuance proceeds excluded from the Equity Issuance mandatory prepayment under this
clause (i) shall not exceed the lesser of (x) the amount of the Equity Issuances applied to purchase Investments permitted under Section
10.15(e)(iii)(C) and (y) the remaining amount available for Investments under Section 10.15(e)(iii)(C)) or (ii) (A) subject to the immediately
following sentence, both at the time of any Equity Issuance and after giving effect to any purchase of Properties as described in clause
(B) below, Availability is equal to or greater than $225,000,000 and (B) the proceeds of Equity Issuances are either (1) retained as
unrestricted cash on the balance sheet of the Borrower, (2) applied to the purchase of one or more Unencumbered Properties or (3) applied
to the purchase of one or more other Properties; provided that, with respect to this clause (3), (x) any debt incurred or assumed in
connection with the purchase of such Properties is Nonrecourse Indebtedness and (y) the aggregate amount of net proceeds from all Equity
Issuances applied in accordance with this clause (3) shall not exceed $100,000,000 (subject to compliance with Section 10.15(e)(iv))
(clauses (1) &#8211; (3) of this clause (ii)(B) are collectively referred to as the &#8220;Equity Payment Exclusions&#8221;). Notwithstanding
clause (ii)(A) above, if Availability at the time of any Equity Issuance is less than $225,000,000 or would be less than $225,000,000
after giving effect to any purchase of Properties as described in clause (ii)(B) above, if the Borrower repays Revolving Loans and/or
Swingline Loans with the proceeds of such Equity Issuance and, so long as after giving effect to any such repayment and any purchase
of Properties as described in clause (ii)(B) above Availability is equal to or greater than $225,000,000, any remaining proceeds of such
Equity Issuance may be applied in accordance with the Equity Payment Exclusions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 1in"></TD><TD STYLE="text-align: justify; width: 0.5in">(v)</TD><TD STYLE="text-align: justify"><U>Application of Mandatory Prepayments</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">A.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Amounts
paid under the preceding subsections&nbsp;(b)(i) and (b)(iv) and any amounts required to be paid under the preceding subsections (b)(ii)
and (b)(iii) which are to be allocated to the Revolving Loans and Letter of Credit Liabilities pursuant to the following clause (B) and
(C) shall be applied to pay all amounts of principal outstanding on the Revolving Loans and any Reimbursement Obligations pro rata in
accordance with Section&nbsp;3.2. and if any Letters of Credit are outstanding at such time, the remainder, if any, shall be deposited
into the Letter of Credit Collateral Account for application to any Reimbursement Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">B.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Amounts
paid under the preceding subsections (b)(ii) and (iii) (other than under (b)(ii) if the Net Asset Sale Proceeds result from the sale
of an Unencumbered Property (or the Equity Interests of a direct or indirect owner of an Unencumbered Property)) shall be applied as
follows: (I) if Availability as of the date of such prepayment is greater than or equal to $250,000,000, first, to prepay the
Revolving Loans and Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in the
Revolving Commitments) until the Availability equals $400,000,000, then, on a pro rata basis to prepay the Term Loan and prepay the
Existing Term Loan (to an amount not less than the Existing Term Loan Floor) or (II) if Availability as of the date of such
prepayment is less than $250,000,000, first, on a pro rata basis to prepay the Term Loan, prepay the Revolving Loans and Swingline
Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in the Revolving Commitments) and
prepay the Existing Term Loan (to an amount not less than the Existing Term Loan Floor) until the Availability is equal to or
greater than $250,000,000, second, to prepay the Revolving Loans and Swingline Loans and to Cash Collateralize the Letter of Credit
Liabilities (without a permanent reduction in the Revolving Commitments) until the Availability equals $400,000,000, and third, on a
pro rata basis to prepay the Term Loan and the Existing Term Loan (to an amount not less than the Existing Term Loan Floor).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">C.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Amounts
paid under the preceding subsection (b)(ii) if the Net Asset Sale Proceeds result from the sale of an Unencumbered Property (or the
Equity Interests of a direct or indirect owner of an Unencumbered Property) shall be applied (x) with respect to Net Asset Sale
Proceeds which are not UP Retained Proceeds, first, on a pro rata basis to prepay the Term Loan and prepay the Existing Term Loan
until each is paid in full (or, in the case of the Existing Term Loan, paid to the Existing Term Loan Floor) and then to prepay the
Revolving Loans and the Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in
the Revolving Commitments) and (y) with respect to Net Asset Sale Proceeds which are UP Retained Proceeds, (I) if Availability as of
the date of such prepayment is greater than or equal to $225,000,000, (1) the first $100,000,000 of such UP Retained Proceeds shall
be applied first, to prepay the Revolving Loans and Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities
(without a permanent reduction in the Revolving Commitments) until the Availability equals $400,000,000, then, shall be retained as
unrestricted cash on the balance sheet of the Borrower, (2) the next $100,000,000 of such UP Retained Proceeds shall be applied
equally (i.e. divided evenly among the following clauses (a) and (b)) to prepay (a) the Term Loan and the Existing Term Loan on a
pro rata basis and (b) the Revolving Loans and Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities (without a
permanent reduction in the Revolving Commitments) until the Availability equals $400,000,000, then, shall be retained as
unrestricted cash on the balance sheet of the Borrower and (3) the remaining UP Retained Proceeds shall be applied on a pro rata
basis to prepay the Term Loan and prepay the Existing Term Loan until each is paid in full (or, in the case of the Existing Term
Loan, paid to the Existing Term Loan Floor) and then to prepay the Revolving Loans and the Swingline Loans and to Cash Collateralize
the Letter of Credit Liabilities (without a permanent reduction in the Revolving Commitments) or (II) if Availability as of the date
of such prepayment is less than $225,000,000, the UP Retained Proceeds shall be applied first to the Revolving Loans and Swingline
Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in the Revolving Commitments) until
the Availability equals $225,000,000, then, the remainder of such UP Retained Proceeds shall be applied as set forth in clause
(I)(1) &#8211; (3) above. Notwithstanding the foregoing, the parties hereto agree that if the Borrower or its Subsidiaries sell the
Property known as Hilton Garden Inn New York - Times Square Central the proceeds of such sale shall not be required to be prepaid
pursuant to the foregoing, if, within 10 Business Days following such sale, the proceeds of such sale are applied to the Revolving
Loans and Swingline Loans and to Cash Collateralize the Letter of Credit Liabilities (without a permanent reduction in the Revolving
Commitments) until the Availability equals $400,000,000, then, are retained as unrestricted cash on the balance sheet of the
Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">D.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The pro rata amount allocable to any of the Obligations and the Existing Term Loan in accordance with clauses (B) and (C) above
shall be calculated by dividing (1)(I) with respect to the Term Loan, the outstanding principal amount of the Term Loan on such date,
(II) with respect to the Revolving Loans, Swingline Loans and Letters of Credit, the amount of the Revolving Loans, Swingline Loans and
Letter of Credit Liabilities on such date or (III) in the case of the Existing Term Loan, the outstanding principal amount of the Existing
Term Loan on such date, by (2) the aggregate amount of the (x) Term Loan, (y) the Revolving Loans, Swingline Loans and Letter of Credit
Liabilities and/or (z) the Existing Term Loan, in each case, to the extent entitled to participate in such payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary set forth herein, except with respect to the mandatory prepayment described in Section (b)(i) above, any waiver
of any mandatory prepayment or modifications to the application of the proceeds thereof prior to the end of the Restriction Period shall
require the consent of the Borrower, the Administrative Agent and the Requisite Lenders and shall require the consent of the administrative
agent under the Existing Term Loan Agreement and the &#8220;Requisite Lenders&#8221; under, and as defined in, the Existing Term Loan
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Borrower is required to pay any outstanding LIBOR Loans by reason of this Section 2.8. prior to the end of the applicable Interest
Period therefor, the Borrower shall pay all amounts due under Section&nbsp;5.4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.9.
Continuation.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">So long as no Default or Event
of Default exists, the Borrower may on any Business Day, with respect to any LIBOR Loan, elect to maintain such LIBOR Loan or any portion
thereof as a LIBOR Loan by selecting a new Interest Period for such LIBOR Loan. Each Continuation of LIBOR Loans of the same Class shall
be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess of that amount, and each new Interest Period
selected under this Section shall commence on the last day of the immediately preceding Interest Period. Each selection of a new Interest
Period shall be made by the Borrower giving to the Administrative Agent a Notice of Continuation not later than 9:00&nbsp;a.m. Pacific
time on the third Business Day prior to the date of any such Continuation. Such notice by the Borrower of a Continuation shall be by telecopy,
electronic mail or other similar form of communication in the form of a Notice of Continuation, specifying (a)&nbsp;the proposed date
of such Continuation, (b)&nbsp;the LIBOR Loans, Class and portions thereof subject to such Continuation and (c)&nbsp;the duration of the
selected Interest Period, all of which shall be specified in such manner as is necessary to comply with all limitations on Loans outstanding
hereunder. Each Notice of Continuation shall be irrevocable by and binding on the Borrower once given. Promptly after receipt of a Notice
of Continuation, the Administrative Agent shall notify each Lender holding Loans being Continued of the proposed Continuation. If the
Borrower shall fail to select in a timely manner a new Interest Period for any LIBOR Loan in accordance with this Section, such Loan will
automatically, on the last day of the current Interest Period therefor, continue as a LIBOR Loan with an Interest Period of one month;
provided, however that if a Default or Event of Default exists, such Loan will automatically, on the last day of the current Interest
Period therefor, Convert into a Base Rate Loan notwithstanding the first sentence of Section&nbsp;2.10. or the Borrower&#8217;s failure
to comply with any of the terms of such Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.10.
Conversion.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower may on any Business
Day, upon the Borrower&#8217;s giving of a Notice of Conversion to the Administrative Agent by telecopy, electronic mail or other similar
form of communication, Convert all or a portion of a Loan of one Type into a Loan of another Type; provided, however, a Base Rate Loan
may not be Converted into a LIBOR Loan if a Default or Event of Default exists. Each Conversion of Base Rate Loans of the same Class into
LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess of that
amount. Each such Notice of Conversion shall be given not later than 9:00&nbsp;a.m. Pacific time 3 Business Days prior to the date of
any proposed Conversion. Promptly after receipt of a Notice of Conversion, the Administrative Agent shall notify each Lender holding Loans
being Converted of the proposed Conversion. Subject to the restrictions specified above, each Notice of Conversion shall be by telecopy,
electronic mail or other similar form of communication in the form of a Notice of Conversion specifying (a)&nbsp;the requested date of
such Conversion, (b)&nbsp;the Type and Class of Loan to be Converted, (c)&nbsp;the portion of such Type of Loan to be Converted, (d)&nbsp;the
Type of Loan such Loan is to be Converted into and (e)&nbsp;if such Conversion is into a LIBOR Loan, the requested duration of the Interest
Period of such Loan. Each Notice of Conversion shall be irrevocable by and binding on the Borrower once given.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.11.
Notes.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notes</U>.
Except in the case of a Lender that has notified the Administrative Agent in writing that it elects not to receive a Note, the Loans of
any Class made by each Lender in such Class shall, in addition to this Agreement, also be evidenced by a Note of such Class, payable to
the order of such Lender in a principal amount equal to the amount of its Commitment of such Class as originally in effect and otherwise
duly completed. The Swingline Loans made by the Swingline Lender to the Borrower shall, in addition to this Agreement, also be evidenced
by a Swingline Note payable to the order of the Swingline Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Records</U>.
The date, amount, interest rate, Type, Class and duration of Interest Periods (if applicable) of each Loan made by each Lender to the
Borrower, and each payment made on account of the principal thereof, shall be evidenced by one or more accounts or records maintained
by such Lender or and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative
Agent and each Lender shall be conclusive absent manifest error. Any failure to so record or any error in doing so shall not, however,
limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event
of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in
respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Lost,
Stolen, Destroyed or Mutilated Notes</U>. Upon receipt by the Borrower of (i)&nbsp;written notice from a Lender that a Note of such Lender
has been lost, stolen, destroyed or mutilated, and (ii)(A)&nbsp;in the case of loss, theft or destruction, an unsecured agreement of indemnity
from such Lender in form reasonably satisfactory to the Borrower, or (B)&nbsp;in the case of mutilation, upon surrender and cancellation
of such Note, the Borrower shall at its own expense execute and deliver to such Lender a new Note dated the date of such lost, stolen,
destroyed or mutilated Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.12.
Voluntary Reductions of the Commitment.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall have
the right to terminate or reduce the aggregate unused amount of the Revolving Commitments (for which purpose use of the Revolving
Commitments shall be deemed to include the aggregate amount of all Letter of Credit Liabilities and the aggregate principal amount
of all outstanding Swingline Loans) at any time and from time to time without penalty or premium upon not less than 5 Business Days
prior written notice to the Administrative Agent of each such termination or reduction, which notice shall specify the effective
date thereof and the amount of any such reduction (which in the case of any partial reduction of the Revolving Commitments shall not
be less than $10,000,000 and integral multiples of $5,000,000 in excess of that amount in the aggregate) and shall be irrevocable
once given and effective only upon receipt by the Administrative Agent (&#8220;Commitment Reduction Notice&#8221;); provided,
however, the Borrower may not reduce the aggregate amount of the Revolving Commitments below $100,000,000 unless the Borrower is
terminating the Revolving Commitments in full; and provided, further, a notice of termination of the Revolving Commitments may state
that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance
of other Indebtedness or the occurrence of some other identifiable event or condition, in which case such notice may be revoked by
the Borrower (by written notice to the Administrative Agent on or prior to the specified effective date of termination). Promptly
after receipt of a Commitment Reduction Notice the Administrative Agent shall notify each Revolving Lender of the proposed
termination or Revolving Commitment reduction. The Revolving Commitments, once reduced or terminated pursuant to this Section, may
not be increased or reinstated. The Borrower shall pay all interest and fees on the Revolving Loans accrued to the date of such
reduction or termination of the Revolving Commitments to the Administrative Agent for the account of the Revolving Lenders,
including but not limited to any applicable compensation due to each Lender in accordance with Section&nbsp;5.4. of this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 2.13. Extension
of Termination Date.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Generally</U>.
The Borrower shall have the right, exercisable two times, to extend the Revolving Termination Date by six months per each request. The
Borrower may exercise such right only by executing and delivering to the Administrative Agent at least 30 days but not more than 120 days
prior to the current Revolving Termination Date, a written request for such extension (an &#8220;Extension Request&#8221;). The Administrative
Agent shall notify the Revolving Lenders if it receives an Extension Request promptly upon receipt thereof and, subject to satisfaction
of the following conditions, the Revolving Termination Date shall be extended for six months effective upon receipt by the Administrative
Agent of each permitted Extension Request and payment of the fee referred to in the following clause&nbsp;(y): (x)&nbsp;immediately prior
to such extension and immediately after giving effect thereto, (i)&nbsp;no Default or Event of Default shall exist and (ii)&nbsp;the representations
and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them is a party, shall
be true and correct in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects)
on and as of the date of such extension with the same force and effect as if made on and as of such date except to the extent that such
representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have
been true and correct in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects)on
and as of such earlier date) and except for changes in factual circumstances not prohibited under the Loan Documents and (y)&nbsp;the
Borrower shall have paid the Fees payable under Section&nbsp;3.5.(d). At any time prior to the effectiveness of any such extension, upon
the Administrative Agent&#8217;s request, the Borrower shall deliver to the Administrative Agent a certificate executed by a Responsible
Officer of the Parent or the Borrower certifying the matters referred to in the immediately preceding clauses (x)(i) and (x)(ii).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.14.
Expiration Date of Letters of Credit Past Revolving Commitment Termination.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If on the date the
Revolving Commitments are terminated or reduced to zero (whether voluntarily, by reason of the occurrence of an Event of Default or
otherwise) there are any Letters of Credit outstanding hereunder and the aggregate Stated Amount of such Letters of Credit exceeds
the balance of available funds on deposit in the Letter of Credit Collateral Account, then the Borrower shall, on such date, pay to
the Administrative Agent, for its benefit and the benefit of the Revolving Lenders and the Issuing Banks, for deposit into the
Letter of Credit Collateral Account, an amount of money equal to the amount of such excess.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.15.
Amount Limitations.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding any other
term of this Agreement or any other Loan Document, no Revolving Lender shall be required to make a Revolving Loan, the Swingline Lender
shall not be required to make a Swingline Loan, no Issuing Bank shall be required to issue a Letter of Credit and no reduction of the
Revolving Commitments pursuant to Section&nbsp;2.12. shall take effect, if immediately after the making of such Loan, the issuance of
such Letter of Credit or such reduction in the Revolving Commitments the aggregate principal amount of all outstanding Revolving Loans
and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the
Revolving Commitments at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.16.
Increase in Commitments; Additional Term Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall have
the right (a) during the period from the last day of the Restriction Period to but excluding the Revolving Termination Date, to
request increases in the aggregate amount of the Revolving Commitments and (b) during the period from the last day of the
Restriction Period to but excluding the Term Loan Maturity Date, to request the making of additional Term Loans, in each case, by
providing written notice thereof to the Administrative Agent, which notice shall specify the Class and amount of Loans requested and
shall be irrevocable once given; <U>provided</U>, <U>however</U>, that after giving effect to any such Revolving Commitment
increases or additional Term Loans the aggregate amount of the Revolving Commitments and the aggregate outstanding principal balance
of the Term Loans shall not exceed $1,200,000,000 (less the amount of any reductions of the Revolving Commitments effected pursuant
to Section 2.12 and any prepayments of Term Loans, in each case, prior to such date). Additional Term Loans shall be subject to the
same terms and conditions of this Agreement that are applicable to all other Term Loans. Each such increase in the Revolving
Commitments or additional Term Loans must be an aggregate minimum amount of $50,000,000 and integral multiples of $5,000,000 in
excess thereof. The Administrative Agent, in consultation with and with the consent of the Borrower, shall manage all aspects of the
syndication of such increase in the Revolving Commitments or additional Term Loans, including decisions as to the selection of the
existing Lenders and/or other banks, financial institutions and other institutional lenders to be approached with respect to such
increase or additional Term Loans and the allocations of the increase in the Revolving Commitments and/or Term Loans among such
existing Lenders and/or other banks, financial institutions and other institutional lenders. No Lender shall be obligated in any way
whatsoever to increase its Commitment, provide a new Commitment or provide Term Loans, and any new Lender becoming a party to this
Agreement in connection with any such requested increase must be an Eligible Assignee. If a new Revolving Lender becomes a party to
this Agreement, or if any existing Revolving Lender is increasing its Revolving Commitment, such Revolving Lender shall on the date
it becomes a Revolving Lender hereunder (or in the case of an existing Revolving Lender, increases its Revolving Commitment) (and as
a condition thereto) purchase from the other Lenders its Revolving Commitment Percentage (determined with respect to the Revolving
Lenders&#8217; relative Revolving Commitments and after giving effect to the increase of Revolving Commitments) of any outstanding
Revolving Loans, by making available to the Administrative Agent for the account of such other Revolving Lenders, in immediately
available funds, an amount equal to the sum of (A)&nbsp;the portion of the outstanding principal amount of such Revolving Loans to
be purchased by such Revolving Lender, <U>plus</U> (B) the aggregate amount of payments previously made by the other Revolving
Lenders under Section&nbsp;2.3.(j) that have not been repaid, <U>plus</U> (C)&nbsp;interest accrued and unpaid to and as of such
date on such portion of the outstanding principal amount of such Revolving Loans. The Borrower shall pay to the Revolving Lenders
amounts payable, if any, to such Revolving Lenders under Section&nbsp;5.4. as a result of the prepayment of any such Revolving
Loans. Effecting the increase of the Revolving Commitments or the making of additional Term Loans under this Section is subject to
the following conditions precedent: (x)&nbsp;no Default or Event of Default shall be in existence on the effective date of such
increase, (y)&nbsp;the representations and warranties made or deemed made by the Borrower or any other Loan Party in any Loan
Document to which such Loan Party is a party shall be true and accurate in all material respects (or, to the extent qualified by
materiality or Material Adverse Effect, in all respects) on the effective date of such increase except to the extent that such
representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall
have been true and accurate in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all
respects) on and as of such earlier date) and except for changes in factual circumstances not prohibited hereunder, and (z)&nbsp;
the Administrative Agent shall have received each of the following, in form and substance satisfactory to the Administrative Agent:
(i) if not previously delivered to the Administrative Agent, copies certified by the Secretary or Assistant Secretary of (A) all
corporate, partnership or other necessary action taken by the Parent and the Borrower to authorize such increase or additional Term
Loans and (B) all corporate, partnership, member or other necessary action taken by each Guarantor authorizing the guaranty of such
increase or additional Term Loans; (ii)&nbsp;an opinion of counsel to the Parent, the Borrower and the Guarantors, and addressed to
the Administrative Agent and the Lenders covering such matters as reasonably requested by the Administrative Agent, and (iii) new
Notes executed by the Borrower, payable to any new Lenders and replacement Notes executed by the Borrower, payable to any existing
Lenders increasing their Commitments or making additional Term Loans, in the amount of such Lender&#8217;s Commitment or Term Loans,
as the case may be, at the time of the effectiveness of the applicable increase in the aggregate amount of the Revolving Commitments
or the making of the additional Term Loans. In connection with any increase in the aggregate amount of the Revolving Commitments or
making of additional Term Loans pursuant to this Section 2.16.&nbsp;any Lender becoming a party hereto shall (1) execute such
documents and agreements as the Administrative Agent may reasonably request and (2) in the case of any Lender that is organized
under the laws of a jurisdiction outside of the United States of America, provide to the Administrative Agent, its name, address,
tax identification number and/or such other information as shall be necessary for the Administrative Agent to comply with
 &#8220;know your customer&#8221; and Anti-Money Laundering Laws, including, without limitation, the Patriot Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.17.
Funds Transfer Disbursements.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower hereby authorizes
the Administrative Agent to disburse the proceeds of any Loan made by the Lenders or any of their Affiliates pursuant to the Loan Documents
as requested by an authorized representative of the Borrower to any of the accounts designated in the Disbursement Instruction Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;2.18.
Security Interest in Collateral.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
secure their Obligations under this Agreement and the other Loan Documents, on the First Amendment Date, the Borrower and certain other
Loan Parties will grant to the Administrative Agent, for its benefit and the benefit of the other Lenders, a first-priority security interest
in the Collateral. The Borrower, the Administrative Agent and the Lenders acknowledge and agree that the exercise by the Administrative
Agent of its rights and remedies under the Loan Documents with respect to the Collateral shall be subject to the terms of the Intercreditor
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
accordance with the terms of Section 8.17(b), the Administrative Agent is hereby authorized by the Lenders to release the Collateral (or
any applicable portion thereof) and take all such action as may be reasonably required in order to terminate the Liens in the Collateral
(or such portion thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article III. Payments, Fees
and Other General Provisions</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.1.
Payments.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payments
by Borrower</U>. Except to the extent otherwise provided herein, all payments of principal, interest, Fees and other amounts to be made
by the Borrower under this Agreement, the Notes or any other Loan Document shall be made in Dollars, in immediately available funds, without
setoff, deduction or counterclaim (excluding Taxes required to be withheld pursuant to Section 3.10.), to the Administrative Agent at
the Principal Office, not later than 11:00 a.m. Pacific time on the date on which such payment shall become due (each such payment made
after such time on such due date to be deemed to have been made on the next succeeding Business Day). Subject to Section 11.5., the Borrower
shall, at the time of making each payment under this Agreement or any other Loan Document, specify to the Administrative Agent the amounts
payable by the Borrower hereunder to which such payment is to be applied. Each payment received by the Administrative Agent for the account
of a Lender under this Agreement or any Note shall be paid to such Lender by wire transfer of immediately available funds in accordance
with the wiring instructions provided by such Lender to the Administrative Agent from time to time, for the account of such Lender at
the applicable Lending Office of such Lender. Each payment received by the Administrative Agent for the account of an Issuing Bank under
this Agreement shall be paid to the applicable Issuing Bank by wire transfer of immediately available funds in accordance with the wiring
instructions provided by such Issuing Bank to the Administrative Agent from time to time, for the account of such Issuing Bank. In the
event the Administrative Agent fails to pay such amounts to such Lender or such Issuing Bank, as the case may be, (i) by 5:00 p.m. Pacific
time on the Business Day such funds are received by the Administrative Agent, if such amounts are received by 11:00 a.m. Pacific time
on such date or (ii) by 5:00 p.m. Pacific time on the Business Day following the date such funds are received by the Administrative Agent,
if such amounts are received after 11:00 a.m. Pacific time on any Business Day, the Administrative Agent shall pay interest on such amount
until paid at a rate per annum equal to the Federal Funds Rate from time to time in effect. If the due date of any payment under this
Agreement or any other Loan Document would otherwise fall on a day which is not a Business Day such date shall be extended to the next
succeeding Business Day and interest shall continue to accrue at the rate, if any, applicable to such payment for the period of such extension.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Presumptions
Regarding Payments by Borrower</U>. 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 an Issuing Bank 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 (but shall not be obligated to), in reliance upon such assumption, distribute to the Lenders or the applicable Issuing Bank, as
the case may be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Lenders or the applicable
Issuing Bank, as the case may be, severally agrees to repay to the Administrative Agent on demand that amount so distributed to such Lender
or such Issuing Banks, 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 Federal Funds Rate and a rate determined by the Administrative
Agent in accordance with banking industry rules on interbank compensation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.2.
Pro Rata Treatment.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Except to the extent
otherwise provided herein: (a)&nbsp;each borrowing from the Revolving Lenders under Section&nbsp;2.1.(a) and 2.3.(e) shall be made
from the Revolving Lenders, each payment of the Fees under Sections&nbsp;3.5.(a) (as applicable), 3.5.(b), the first sentence of
3.5.(c) and 3.5.(d) shall be made for the account of the Revolving Lenders, and each termination or reduction of the amount of the
Revolving Commitments under Section&nbsp;2.12. shall be applied to the respective Revolving Commitments of the Revolving Lenders,
pro rata according to the amounts of their respective Revolving Commitments; (b)&nbsp;the making of Term Loans shall be made from
the Term Loan Lenders pro rata according to the amounts of their respective Term Loan Commitments, (c) each payment or prepayment of
principal of Loans of a Class shall be made for the account of the Lenders of such Class pro rata in accordance with the respective
unpaid principal amounts of the Loans of such Class held by them, provided that, subject to Section&nbsp;3.9., if immediately prior
to giving effect to any such payment in respect of any Revolving Loans the outstanding principal amount of the Revolving Loans shall
not be held by the Revolving Lenders pro rata in accordance with their respective Revolving Commitments in effect at the time such
Revolving Loans were made, then such payment shall be applied to the Revolving Loans in such manner as shall result, as nearly as is
practicable, in the outstanding principal amount of the Revolving Loans being held by the Lenders pro rata in accordance with their
respective Revolving Commitments; (d)&nbsp;each payment of interest in respect of a Class of Loans shall be made for the account of
the Lenders of such Class, pro rata in accordance with the amounts of interest on such Class of Loans then due and payable to the
respective Lenders of such Class; (e)&nbsp;the Conversion and Continuation of Loans of a particular Class and Type (other than
Conversions provided for by Section 5.1.(c) and Section&nbsp;5.5.) shall be made pro rata among the Lenders of such Class according
to the amounts of their respective Loans of such Class and the then current Interest Period for each Lender&#8217;s portion of each
such Loan of such Type shall be coterminous; (f)&nbsp;the Revolving Lenders&#8217; participation in, and payment obligations in
respect of, Letters of Credit under Section&nbsp;2.3., shall be in accordance with their respective Revolving Commitment
Percentages; and (g) the Revolving Lenders&#8217; participation in, and payment obligations in respect of, Swingline Loans under
Section 2.4., shall be in accordance with their respective Revolving Commitment Percentages. <FONT STYLE="font-size: 10pt">All
payments of principal, interest, fees and other amounts in respect of the Swingline Loans shall be for the account of the Swingline
Lender only (except to the extent any Revolving Lender shall have acquired a participating interest in any such Swingline Loan
pursuant to Section&nbsp;2.4.(e), in which case such payments shall be pro rata in accordance with such participating
interests).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.3.
Sharing of Payments, Etc.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If a Lender shall obtain payment
of any principal of, or interest on, any of its Loans of a Class made by it to the Borrower under this Agreement or shall obtain payment
on any other Obligation owing by the Borrower or any other Loan Party through the exercise of any right of set-off, banker&#8217;s lien,
counterclaim or similar right or otherwise or through voluntary prepayments directly to a Lender or other payments made by the Borrower
or any other Loan Party to a Lender (other than a payment in respect of Specified Derivatives Obligations) not in accordance with the
terms of this Agreement and such payment should be distributed to the Lenders of the same Class in accordance with Section&nbsp;3.2. or
Section&nbsp;11.5., as applicable, such Lender shall promptly purchase from the other Lenders of such Class participations in (or, if
and to the extent specified by such Lender, direct interests in) the Loans made by the other Lenders of such Class or other Obligations
owed to such other Lenders in such amounts, and make such other adjustments from time to time as shall be equitable, to the end that all
the Lenders of such Class shall share the benefit of such payment (net of any reasonable expenses which may actually be incurred by such
Lender in obtaining or preserving such benefit) in accordance with the requirements of Section&nbsp;3.2. or Section&nbsp;11.5., as applicable.
To such end, all the Lenders of such Class shall make appropriate adjustments among themselves (by the resale of participations sold or
otherwise) if such payment is rescinded or must otherwise be restored. The Borrower agrees that any Lender of such Class so purchasing
a participation (or direct interest) in the Loans or other Obligations owed to such other Lenders of such Class may exercise all rights
of set-off, banker&#8217;s lien, counterclaim or similar rights with respect to such participation as fully as if such Lender were a direct
holder of Loans of such Class in the amount of such participation. Nothing contained herein shall require any Lender to exercise any such
right or shall affect the right of any Lender to exercise and retain the benefits of exercising, any such right with respect to any other
indebtedness or obligation of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.4.
Several Obligations.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">No Lender shall be responsible
for the failure of any other Lender to make a Loan or to perform any other obligation to be made or performed by such other Lender hereunder,
and the failure of any Lender to make a Loan or to perform any other obligation to be made or performed by it hereunder shall not relieve
the obligation of any other Lender to make any Loan or to perform any other obligation to be made or performed by such other Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.5.
Fees.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Fee</U>. On the Effective Date, the Borrower agrees to pay to the Administrative Agent, for its own account or the account of the Lenders,
as applicable, all loan fees as have been agreed to in writing by the Borrower and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Unused
Facility Fees and Revolving Commitment Fees</U>. During the period from the Effective Date to but excluding the Revolving Termination
Date, the Borrower agrees to pay to the Administrative Agent for the account of the Revolving Lenders:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;at
all times prior to the Investment Grade Rating Date, an unused facility fee equal to the sum of the daily amount by which the aggregate
amount of the Revolving Commitments exceeds the aggregate outstanding principal balance of Revolving Loans and Letter of Credit Liabilities
set forth in the table below multiplied by the corresponding per annum rate set forth below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 77%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 1pt solid; width: 75%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Amount by Which Revolving Commitments Exceed Revolving Loans and Letter of Credit Liabilities</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Unused Fee</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">$0 to and including an amount equal to 50% of the aggregate amount of Revolving Commitments</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">0.20% per annum</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Greater than an amount equal to 50% of the aggregate amount of Revolving Commitments</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">0.30% per annum</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;at
all times on and after the Investment Grade Rating Date, a commitment fee equal to the daily aggregate amount of the Revolving Commitments
(whether or not utilized) multiplied by a per annum rate equal to the Applicable Facility Fee. The Borrower acknowledges that the fee
payable under this subclause (ii) is a bona fide commitment fee and is intended as reasonable compensation to the Revolving Lenders for
committing to make funds available to the Borrower as described herein and for no other purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All fees in this clause (b) shall be computed
on a daily basis and payable quarterly in arrears on the first day of each January, April, July and October during the term of this Agreement
and on the Revolving Termination Date or any earlier date of termination of the Revolving Commitments or reduction of the Revolving Commitments
to zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Letter
of Credit Fees</U>. The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a letter of
credit fee at a rate per annum equal to the Applicable Margin for LIBOR Loans that are Revolving Loans times the daily average
Stated Amount of each Letter of Credit for the period from and including the date of issuance of such Letter of Credit (x)&nbsp;to
and including the date such Letter of Credit expires or is cancelled or terminated or (y)&nbsp;to but excluding the date such Letter
of Credit is drawn in full; provided, however, notwithstanding anything to the contrary contained herein, while any Event of Default
exists, such letter of credit fees shall accrue at the Post-Default Rate. In addition to such fees, the Borrower shall pay to each
Issuing Bank, solely for its own account, a fronting fee in respect of each Letter of Credit issued by such Issuing Bank equal to
twelve and one-half one hundredths of one percent (0.125%) of the Stated Amount of such Letter of Credit; <U>provided</U>, <U>however</U>,
in no event shall the aggregate amount of such fee in respect of any Letter of Credit be less than $500. The fees provided for in
this subsection shall be nonrefundable and payable, in the case of the fee provided for in the first sentence, in arrears
(i)&nbsp;quarterly on the first day of January, April, July and October, (ii)&nbsp;on the Revolving Termination Date, (iii)&nbsp;on
the date the Revolving Commitments are terminated or reduced to zero and (iv)&nbsp;thereafter from time to time on demand of the
Administrative Agent and in the case of the fee provided for in the second sentence, at the time of issuance of such Letter of
Credit. The Borrower shall pay directly to the Issuing Banks from time to time on demand all commissions, charges, costs and
expenses in the amounts customarily charged or incurred by such Issuing Bank from time to time in like circumstances with respect to
the issuance, amendment, renewal or extension of any Letter of Credit issued by such Issuing Bank or any other transaction relating
thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Credit
Extension Fee</U>. If the Revolving Termination Date is being extended in accordance with Section&nbsp;2.13., the Borrower shall pay to
the Administrative Agent for the account of each Revolving Lender a fee for each such extension equal to seventy-five one-thousandths
of one percent (0.075%) of the amount of such Lender&#8217;s Revolving Commitment (whether or not utilized). Such fee shall be due and
payable in full on the effective date of such extension.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Administrative
and Other Fees</U>. The Borrower agrees to pay the administrative fees, arrangement fees and other fees of the Administrative Agent and
the Lead Arrangers as provided in the Fee Letters and as may be otherwise agreed to in writing from time to time by the Borrower and the
Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.6.
Computations.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Unless otherwise expressly
set forth herein, any accrued interest on any Loan, any Fees or any other Obligations due hereunder shall be computed on the basis of
a year of 360 days and the actual number of days elapsed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.7.
Usury.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In no event shall the
amount of interest due or payable on the Loans or other Obligations exceed the maximum rate of interest allowed by Applicable Law
and, if any such payment is paid by the Borrower or any other Loan Party or received by any Lender, then such excess sum shall be
credited as a payment of principal, unless the Borrower shall notify the respective Lender in writing that the Borrower elects to
have such excess sum returned to it forthwith. It is the express intent of the parties hereto that the Borrower not pay and the
Lenders not receive, directly or indirectly, in any manner whatsoever, interest in excess of that which may be lawfully paid by the
Borrower under Applicable Law. The parties hereto hereby agree and stipulate that the only charge imposed upon the Borrower for the
use of money in connection with this Agreement is and shall be the interest specifically described in Section&nbsp;2.5.(a)(i) and
(ii) and, with respect to Swingline Loans, in Section 2.6.(c). Notwithstanding the foregoing, the parties hereto further agree and
stipulate that all agency fees, syndication fees, commitment fees, facility fees, closing fees, letter of credit fees, underwriting
fees, default charges, late charges, funding or &#8220;breakage&#8221; charges, increased cost charges, attorneys&#8217; fees and
reimbursement for costs and expenses paid by the Administrative Agent or any Lender to third parties or for damages incurred by the
Administrative Agent or any Lender, in each case in connection with the transactions contemplated by this Agreement and the other
Loan Documents are charges made to compensate the Administrative Agent or any such Lender for underwriting or administrative
services and costs or losses performed or incurred, and to be performed or incurred, by the Administrative Agent and the Lenders in
connection with this Agreement and shall under no circumstances be deemed to be charges for the use of money. All charges other than
charges for the use of money shall be fully earned and nonrefundable when due.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.8.
Statements of Account.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent will
account to the Borrower quarterly with a statement of Loans, accrued interest and Fees, charges and payments made pursuant to this Agreement
and the other Loan Documents, and such account rendered by the Administrative Agent shall be deemed conclusive upon the Borrower absent
manifest error. The failure of the Administrative Agent to deliver such a statement of accounts shall not relieve or discharge the Borrower
from any of its obligations hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.9.
Defaulting Lenders.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding anything to
the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer
a Defaulting Lender, to the extent permitted by Applicable Law:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waivers
and Amendments</U>. Such Defaulting Lender&#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 definition of Requisite Lenders and in Section 13.5.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Defaulting
Lender Waterfall</U>. Any payment of principal, interest, Fees or other amounts received by the Administrative Agent for the account
of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article&nbsp;XI. or otherwise) or received by
the Administrative Agent from a Defaulting Lender pursuant to Section&nbsp;13.3. shall be applied at such time or times as may be
determined by the Administrative Agent as follows: <U>first</U>, to the payment of any amounts owing by such Defaulting Lender to
the Administrative Agent hereunder; <U>second</U>, in the case of a Defaulting Lender that is a Revolving Lender, to the payment on
a pro rata basis of any amounts owing by such Defaulting Lender to the Issuing Banks or the Swingline Lender hereunder; <U>third</U>,
in the case of a Defaulting Lender that is a Revolving Lender, to Cash Collateralize the Issuing Banks&#8217; Fronting Exposure with
respect to such Defaulting Lender in accordance with subsection&nbsp;(e) below; <U>fourth</U>, as the Borrower may request (so long
as no Default or Event of Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund
its portion thereof as required by this Agreement, as determined by the Administrative Agent; <U>fifth</U>, if so determined by the
Administrative Agent and the Borrower, to be held in a deposit account and released pro rata in order to (x)&nbsp;satisfy such
Defaulting Lender&#8217;s potential future funding obligations with respect to Revolving Loans under this Agreement and (y)&nbsp;in
the case of a Defaulting Lender that is a Revolving Lender, Cash Collateralize the Issuing Banks&#8217; future Fronting Exposure
with respect to such Defaulting Lender with respect to future Letters of Credit issued under this Agreement, in accordance with
subsection&nbsp;(e) below; <U>sixth</U>, to the payment of any amounts owing to the Lenders, the Issuing Banks or the Swingline
Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, any Issuing Bank or the Swingline
Lender against such Defaulting Lender as a result of such Defaulting Lender&#8217;s breach of its obligations under this Agreement; <U>seventh</U>,
so long as no Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a result of any judgment of
a court of competent jurisdiction obtained by the Borrower against such Defaulting Lender as a result of such Defaulting
Lender&#8217;s breach of its obligations under this Agreement; and <U>eighth</U>, to such Defaulting Lender or as otherwise directed
by a court of competent jurisdiction; <U>provided</U> that if (x)&nbsp;such payment is a payment of the principal amount of any
Loans of any Class or amounts owing by such Defaulting Lender under Section&nbsp;2.3.(j) in respect of Letters of Credit (such
amounts &#8220;L/C&nbsp;Disbursements&#8221;), in respect of which such Defaulting Lender has not fully funded its appropriate
share, and (y)&nbsp;such Loans were made or the related Letters of Credit were issued at a time when the conditions set forth in
Article&nbsp;VI. were satisfied or waived, such payment shall be applied solely to pay the Loans of such Class of, and L/C
Disbursements owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or L/C
Disbursements owed to, such Defaulting Lender until such time as all Loans of such Class and, as applicable, funded and unfunded
participations in Letter of Credit Liabilities and Swingline Loans are held by the Revolving Lenders pro rata in accordance with
their respective Revolving Commitment Percentages (determined without giving effect to the immediately following
subsection&nbsp;(d)) and all Term Loans are held by the Term Loan Lenders pro rata as if there had been no Defaulting Lenders that
are Term Loan Lenders. Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held)
to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this subsection shall be deemed paid to and
redirected by such Defaulting Lender, and each Lender irrevocably consents hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Fees</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Defaulting Lender shall be entitled to receive any Fee payable under Section&nbsp;3.5.(b) for any period during which that Lender is a
Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid
to that Defaulting Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Defaulting Lender that is a Revolving Lender shall be entitled to receive the Fee payable under Section&nbsp;3.5.(c) for any period during
which that Lender is a Defaulting Lender only to the extent allocable to its Revolving Commitment Percentage of the stated amount of Letters
of Credit for which it has provided Cash Collateral pursuant to the immediately following subsection&nbsp;(e).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to any Fee not required to be paid to any Defaulting Lender that is a Revolving Lender pursuant to the immediately preceding clause&nbsp;(ii),
the Borrower shall (x)&nbsp;pay to each Non&#45;Defaulting Lender that is a Revolving Lender that portion of any such Fee otherwise payable
to such Defaulting Lender with respect to such Defaulting Lender&#8217;s participation in Letter of Credit Liabilities or Swingline Loans
that has been reallocated to such Non&#45;Defaulting Lender pursuant to the immediately following subsection&nbsp;(d), (y)&nbsp;pay to
each Issuing Bank and the Swingline Lender, as applicable, the amount of any such Fee otherwise payable to such Defaulting Lender to the
extent allocable to such Issuing Banks&#8217;s or Swingline Lender&#8217;s Fronting Exposure to such Defaulting Lender, and (z)&nbsp;not
be required to pay the remaining amount of any such Fee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reallocation
of Participations to Reduce Fronting Exposure</U>. In the case of a Defaulting Lender that is a Revolving Lender, all or any part of such
Defaulting Lender&#8217;s participation in Letter of Credit Liabilities and Swingline Loans shall be reallocated among the Non-Defaulting
Lenders in accordance with their respective Revolving Commitment Percentages (determined without regard to such Defaulting Lender&#8217;s
Revolving Commitment) but only to the extent that&nbsp;such reallocation does not cause the aggregate Revolving Credit Exposure of any
Non-Defaulting Lender that is a Revolving Lender to exceed such Non-Defaulting Lender&#8217;s Revolving Commitment. Subject to Section
13.22., no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender
arising from that Revolving 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Cash
Collateral, Repayment of Swingline Loans</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the reallocation described in the immediately preceding subsection&nbsp;(d) above cannot, or can only partially, be effected, the
Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, prepay Swingline Loans
in an amount equal to the Swingline Lender&#8217;s Fronting Exposure and (y) second, Cash Collateralize each Issuing Bank&#8217;s
Fronting Exposure in accordance with the procedures set forth in this subsection.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
any time that there shall exist a Defaulting Lender that is a Revolving Lender, within 1 Business Day following the written request of
the Administrative Agent or the applicable Issuing Bank (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize
such Issuing Bank&#8217;s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to the immediately
preceding subsection&nbsp;(d) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the aggregate Fronting
Exposure of such Issuing Bank with respect to Letters of Credit issued by such Issuing Bank and outstanding at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower, and to the extent provided by any Defaulting Lender that is a Revolving Lender, such Defaulting Lender, hereby grant to the
Administrative Agent, for the benefit of the applicable Issuing Bank, and agree to maintain, a first priority security interest in all
such Cash Collateral as security for the obligation of Defaulting Lenders that are Revolving Lenders to fund participations in respect
of Letter of Credit Liabilities, to be applied pursuant to the immediately following clause&nbsp;(iv). If at any time the Administrative
Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent and the applicable
Issuing Bank as herein provided, or that the total amount of such Cash Collateral is less than the aggregate Fronting Exposure of the
applicable Issuing Bank with respect to Letters of Credit issued by such Issuing Bank and outstanding at such time, the Borrower will,
promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in an amount sufficient
to eliminate such deficiency (after giving effect to any Cash Collateral provided by the Defaulting Lender that is a Revolving Lender).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary contained in this Agreement, Cash Collateral provided under this Section in respect of Letters of Credit shall
be applied to the satisfaction of the Defaulting Lender&#8217;s obligation to fund participations in respect of Letter of Credit Liabilities
(including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) for which the Cash Collateral
was so provided, prior to any other application of such property as may otherwise be provided for herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash
Collateral (or the appropriate portion thereof) provided to reduce the Issuing Banks&#8217; Fronting Exposure shall no longer be required
to be held as Cash Collateral pursuant to this subsection following (x)&nbsp;the elimination of the applicable Fronting Exposure (including
by the termination of Defaulting Lender status of the applicable Revolving Lender), or (y)&nbsp;the determination by the Administrative
Agent and the applicable Issuing Bank that there exists excess Cash Collateral; <U>provided</U> that, subject to the immediately preceding
subsection&nbsp;(b), the Person providing Cash Collateral and the applicable Issuing Bank may (but shall not be obligated to) agree that
Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations and <U>provided further</U> that to
the extent that such Cash Collateral was provided by the Borrower, such Cash Collateral shall remain subject to the security interest
granted pursuant to the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Defaulting
Lender Cure</U>. If the Borrower and the Administrative Agent, and solely in the case of a Defaulting Lender that is a Revolving
Lender, the Swingline Lender and the Issuing Banks agree in writing that a Lender is no longer a Defaulting Lender, the
Administrative Agent 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 Lender will, to the
extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the
Administrative Agent may determine to be necessary to cause, as applicable, (i) the Revolving Loans and funded and unfunded
participations in Letters of Credit to be held pro rata by the Revolving Lenders in accordance with their respective Revolving
Commitment Percentages (determined without giving effect to the immediately preceding subsection&nbsp;(d)) and (ii) the Term Loans
to be held by the Term Loan Lenders pro rata as if there had been no Defaulting Lenders of such Class, whereupon such Lender will
cease to be a Defaulting Lender; <U>provided</U> that no adjustments will be made retroactively with respect to Fees accrued or
payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and <U>provided</U>, <U>further</U>, that
except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will
constitute a waiver or release of any claim of any party hereunder arising from that Lender&#8217;s having been a Defaulting
Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>New
Swingline Loans/Letters of Credit</U>. So long as any Revolving Lender is a Defaulting Lender, (i)&nbsp;the Swingline Lender shall not
be required to fund any Swingline Loans and (ii)&nbsp;no Issuing Bank shall be required to issue, extend, renew or increase any Letter
of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;3.10.
Taxes.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Issuing
Banks</U>. For purposes of this Section, the term &#8220;Lender&#8221; includes the Issuing Banks and the term &#8220;Applicable Law&#8221;
includes FATCA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payments
Free of Taxes</U>. Any and all payments by or on account of any obligation of the Borrower or any other Loan Party under any Loan Document
shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If any Applicable Law (as determined
in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment
by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely
pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with Applicable Law and, if such Tax is
an Indemnified Tax, then the sum payable by the Borrower or other 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Other Taxes by the Borrower</U>. The Borrower and the other 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
by the Borrower</U>. The Borrower and the other 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. 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
by the Lenders</U>. Each Lender shall severally indemnify the Administrative Agent, within 10 days after demand therefor, for (i)&nbsp;any
Indemnified Taxes attributable to such Lender (but only to the extent that the Borrower or another Loan Party has not already indemnified
the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Borrower and the other Loan Parties to
do so), (ii)&nbsp;any Taxes attributable to such Lender&#8217;s failure to comply with the provisions of Section&nbsp;13.5. relating to
the maintenance of a Participant Register and (iii)&nbsp;any Excluded Taxes attributable to such Lender, in each case, that are payable
or paid by the Administrative Agent in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect
thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate
as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest
error. Each Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender
under any Loan Document or otherwise payable by the Administrative Agent to the Lender from any other source against any amount due to
the Administrative Agent under this subsection. The provisions of this subsection shall continue to inure to the benefit of an Administrative
Agent following its resignation or removal as Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Evidence
of Payments</U>. As soon as practicable after any payment of Taxes by the Borrower or any other Loan Party to a Governmental Authority
pursuant to this Section, the Borrower or such other 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Status
of Lenders</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan Document shall
deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative
Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Administrative Agent as will permit
such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by
the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by Applicable Law or reasonably requested
by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender
is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two
sentences, the completion, execution and submission of such documentation (other than such documentation set forth in the immediately
following clauses&nbsp;(ii)(A), (ii)(B) and (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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
limiting the generality of the foregoing, in the event that the Borrower is a U.S. Person:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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), an electronic copy (or an original if requested by the Borrower or the Administrative Agent) of an executed IRS Form W-9 (or
any successor form) certifying that such Lender is exempt from U.S. federal backup withholding tax;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(I)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x)&nbsp;with respect
to payments of interest under any Loan Document, an electronic copy (or an original if requested by the Borrower or the Administrative
Agent) of an executed IRS Form W-8BEN, or W-8BEN-E, as applicable, 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)&nbsp;with respect to any other applicable payments under
any Loan Document, IRS Form W-8BEN or W-8BEN-E, as applicable, 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;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(II)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
electronic copy (or an original if requested by the Borrower or the Administrative Agent) of an executed IRS Form W-8ECI;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(III)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Internal Revenue
Code, (x)&nbsp;a certificate substantially in the form of Exhibit J-1 to the effect that such Foreign Lender is not a &#8220;bank&#8221;
within the meaning of Section&nbsp;881(c)(3)(A) of the Internal Revenue Code, a &#8220;10 percent shareholder&#8221; of the Borrower within
the meaning of Section&nbsp;881(c)(3)(B) of the Internal Revenue Code, or a &#8220;controlled foreign corporation&#8221; described in
Section&nbsp;881(c)(3)(C) of the Internal Revenue Code (a &#8220;U.S. Tax Compliance Certificate&#8221;) and (y)&nbsp;an electronic copy
(or an original if requested by the Borrower or the Administrative Agent) of IRS Form W-8BEN or W-8BEN-E, as applicable; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(IV)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the extent a Foreign Lender is not the beneficial owner, an electronic copy (or an original if requested by the Borrower or the Administrative
Agent) of an executed IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN or W-8BEN-E, as applicable, a U.S. Tax Compliance
Certificate substantially in the form of Exhibit J-2 or Exhibit J-3, IRS Form W-9, and/or other certification documents from each beneficial
owner, as applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign
Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially
in the form of Exhibit&nbsp;J-4 on behalf of each such direct and indirect partner;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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), an
electronic copy (or an original if requested by the Borrower or the Administrative Agent) 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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; text-align: justify">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
a payment made to a Lender under any 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
Internal Revenue Code, as applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed
by Applicable 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&nbsp;1471(b)(3)(C)(i) of the Internal Revenue 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 to deduct and withhold from such payment. Solely for purposes of this clause&nbsp;(D), &#8220;FATCA&#8221;
shall include any amendments made to FATCA after the date of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Treatment
of Certain Refunds</U>. 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 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). Such indemnifying
party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to this subsection
(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 subsection, in no event
will the indemnified party be required to pay any amount to an indemnifying party pursuant to this subsection the payment of which would
place the indemnified party in a less favorable net after-Tax position than the indemnified party would have been in if the Tax subject
to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments
or additional amounts with respect to such Tax had never been paid. This subsection 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Survival</U>.
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 any Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article IV. Intentionally Omitted.</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article V. Yield Protection,
Etc.</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.1.
Additional Costs; Capital Adequacy.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Capital
Adequacy</U>. If any Lender determines that any Regulatory Change affecting such Lender or any lending office of such Lender or such Lender&#8217;s
holding company, if any, regarding capital or liquidity ratios or requirements, has or would have the effect of reducing the rate of return
on such Lender&#8217;s capital or on the capital of such Lender&#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 or Swingline Loans held by, such Lender, to a
level below that which such Lender or such Lender&#8217;s holding company could have achieved but for such Regulatory Change (taking into
consideration such Lender&#8217;s policies and the policies of such Lender&#8217;s holding company with respect to capital adequacy),
then from time to time the Borrower will pay to such Lender such additional amount or amounts as will compensate such Lender or such Lender&#8217;s
holding company for any such reduction suffered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Costs.</U> In addition to, and not in limitation of the immediately preceding subsection (a), the Borrower shall promptly pay to the Administrative
Agent for the account of a Lender from time to time such amounts as such Lender may determine to be necessary to compensate such Lender
for any costs incurred by such Lender that it reasonably determines are attributable to its making, maintaining, continuing or converting
of any LIBOR Loans or its obligation to make any LIBOR Loans hereunder, any reduction in any amount receivable by such Lender under this
Agreement or any of the other Loan Documents in respect of any of such LIBOR Loans or such obligation or the maintenance by such Lender
of capital in respect of its LIBOR Loans or its Commitments (such increases in costs and reductions in amounts receivable being herein
called &#8220;Additional Costs&#8221;), resulting from any Regulatory Change that: (i)&nbsp;changes the basis of taxation of any amounts
payable to such Lender under this Agreement or any of the other Loan Documents in respect of any of such LIBOR Loans or its Commitments
(other than Indemnified Taxes, Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and Connection Income Taxes);
or (ii) imposes or modifies any reserve, special deposit, compulsory loan, insurance charge or similar requirements (other than Regulation&nbsp;D
of the Board of Governors of the Federal Reserve System or other similar reserve requirement applicable to any other category of liabilities
or category of extensions of credit or other assets by reference to which the interest rate on LIBOR Loans is determined to the extent
utilized when determining LIBOR for such Loans) relating to any extensions of credit or other assets of, or any deposits with or other
liabilities of, or other credit extended by, or any other acquisition of funds by such Lender (or its parent corporation), or any commitment
of such Lender (including, without limitation, the Commitments of such Lender hereunder) or (iii) imposes on any Lender or the London
interbank market any other condition, cost or expense (other than Taxes) affecting this Agreement or the Loans made by such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Lender&#8217;s
Suspension of LIBOR Loans.</U> Without limiting the effect of the provisions of the immediately preceding subsections (a) and (b), if
by reason of any Regulatory Change, any Lender either (i) incurs Additional Costs based on or measured by the excess above a specified
level of the amount of a category of deposits or other liabilities of such Lender that includes deposits by reference to which the interest
rate on LIBOR Loans is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lender that
includes LIBOR Loans or (ii)&nbsp;becomes subject to restrictions on the amount of such a category of liabilities or assets that it may
hold, then, if such Lender so elects by notice to the Borrower (with a copy to the Administrative Agent), the obligation of such Lender
to make or Continue, or to Convert Base Rate Loans into, LIBOR Loans shall be suspended until such Regulatory Change ceases to be in effect
(in which case the provisions of Section&nbsp;5.5. shall apply).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Costs in Respect of Letters of Credit</U>. Without limiting the obligations of the Borrower under the preceding subsections of this Section
(but without duplication), if as a result of any Regulatory Change or any risk-based capital guideline or other requirement heretofore
or hereafter issued by any Governmental Authority there shall be imposed, modified or deemed applicable any Tax (other than Indemnified
Taxes, Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and Connection Income Taxes), reserve, special deposit,
capital adequacy or similar requirement against or with respect to or measured by reference to Letters of Credit and the result shall
be to increase the cost to an Issuing Bank of issuing (or any Revolving Lender of purchasing participations in) or maintaining its obligation
hereunder to issue (or purchase participations in) any Letter of Credit or reduce any amount receivable by any Issuing Bank or any Revolving
Lender hereunder in respect of any Letter of Credit, then, upon demand by the such Issuing Bank or such Lender, the Borrower shall pay
promptly, and in any event within 3 Business Days of demand, to the applicable Issuing Bank or, in the case of such Lender, to the Administrative
Agent for the account of such Lender, from time to time as specified by such Issuing Bank or such Lender, such additional amounts as shall
be sufficient to compensate such Issuing Bank or such Lender for such increased costs or reductions in amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notification
and Determination of Additional Costs.</U> Each of the Administrative Agent, each Issuing Bank, each Lender, and each Participant, as
the case may be, agrees to notify the Borrower of any event occurring after the Agreement Date entitling the Administrative Agent, such
Issuing Bank, such Lender or such Participant to compensation under any of the preceding subsections of this Section as promptly as practicable;
provided, however, that the failure of the Administrative Agent, any Issuing Bank, any Lender or any Participant to give such notice shall
not release the Borrower from any of its obligations hereunder (and in the case of a Lender, to the Administrative Agent)<FONT STYLE="font-weight: normal; text-underline-style: double">;
provided further that no Lender shall be entitled to claim any additional cost, reduction in amounts, loss, tax or other additional amount
under this Article V if such Lender fails to provide such notice to the Borrower within 180 days of the date such Lender becomes aware
of the occurrence of the event giving rise to the additional cost, reduction in amounts, loss, tax or other additional amount</FONT>.
The Administrative Agent, each Issuing Bank, each Lender and each Participant, as the case may be, agrees to furnish to the Borrower (and
in the case of the Issuing Banks, a Lender or a Participant to the Administrative Agent as well) a certificate setting forth in reasonable
detail the basis and amount of each request for compensation under this Section. Determinations by the Administrative Agent, such Issuing
Bank, such Lender, or such Participant, as the case may be, of the effect of any Regulatory Change shall be conclusive and binding for
all purposes, provided that such determination is made on a reasonable basis and in good faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.2.
Suspension of LIBOR Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Suspension
of LIBOR Loans</U>. Anything herein to the contrary notwithstanding and unless and until a Benchmark Rate is implemented in accordance
with clauses (b) &#8211; (e) of this Section 5.2., if, on or prior to the determination of LIBOR for any Interest Period:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.35in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Administrative Agent shall determine (which determination shall be conclusive) that reasonable and adequate means do not exist for ascertaining
LIBOR for such Interest Period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.35in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Administrative Agent reasonably determines (which determination shall be conclusive) that quotations of interest rates for the relevant
deposits referred to in the definition of LIBOR are not being provided in the relevant amounts or for the relevant maturities for purposes
of determining rates of interest for LIBOR Loans as provided herein; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.35in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Administrative Agent reasonably determines (which determination shall be conclusive) that the relevant rates of interest referred to in
the definition of LIBOR upon the basis of which the rate of interest for LIBOR Loans for such Interest Period is to be determined are
not likely to adequately cover the cost to any Lender of making or maintaining LIBOR Loans for such Interest Period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">then the Administrative Agent shall give the Borrower
and each Lender prompt notice thereof and, so long as such condition remains in effect, the Lenders shall be under no obligation to, and
shall not, make additional LIBOR Loans (without limiting the obligation to make Base Rate Loans), Continue LIBOR Loans or Convert Loans
into LIBOR Loans and the Borrower shall, on the last day of each current Interest Period for each outstanding LIBOR Loan, either prepay
such Loan or Convert such Loan into a Base Rate Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Benchmark
Replacement</U>. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition
Event or an Early Opt-in Election, as applicable, the Administrative Agent and the Borrower may amend this Agreement to replace LIBOR
with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event for any Class will become effective at 5:00
p.m. on the fifth Business Day after the Administrative Agent has posted such proposed amendment to all Lenders of such Class and the
Borrower so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from Lenders
comprising the Requisite Class Lenders for such applicable Class. Any such amendment with respect to an Early Opt-in Election will become
effective on the date that Lenders comprising the Requisite Class Lenders for each Class have delivered to the Administrative Agent written
notice that such Requisite Class Lenders accept such amendment. No replacement of LIBOR with a Benchmark Replacement pursuant to this
Section will occur prior to the applicable Benchmark Transition Start Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Benchmark
Replacement Conforming Changes</U>. In connection with the implementation of a Benchmark Replacement, the Administrative Agent will have
the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in
any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further
action or consent of any other party to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices; Standards
for Decisions and Determinations</U>. The Administrative Agent will promptly notify the Borrower and the Lenders of (i) any occurrence
of a Benchmark Transition Event or an Early Opt-in Election, as applicable, and its related Benchmark Replacement Date and Benchmark Transition
Start Date, (ii) the implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement Conforming Changes
and (iv) the commencement or conclusion of any Benchmark Unavailability Period. Any determination, decision or election that may be made
by the Administrative Agent or Lenders pursuant to clauses (b) &#8211; (e) of this Section 5.2. 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 hereto, except, in each case, as expressly required pursuant to this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Benchmark Unavailability
Period</U>. Upon the Borrower&#8217;s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke
any request for a LIBOR Loan or a Conversion to or Continuation of LIBOR Loans to be made, Converted or Continued during any Benchmark
Unavailability Period and, failing that, the Borrower will be deemed to have Converted any such request into a request for LIBOR Loan
or a Conversion to Base Rate Loans. During any Benchmark Unavailability Period, the component of Base Rate based upon LIBOR will not
be used in any determination of Base Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.3.
Illegality.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding any other
provision of this Agreement, if any Lender shall reasonably determine (which determination shall be conclusive and binding) that it has
become unlawful for such Lender to honor its obligation to make or maintain LIBOR Loans hereunder, then such Lender shall promptly notify
the Borrower thereof (with a copy of such notice to the Administrative Agent) and such Lender&#8217;s obligation to make or Continue,
or to Convert Loans of any other Type into, LIBOR Loans shall be suspended, in each case, until such time as such Lender may again make
and maintain LIBOR Loans (in which case the provisions of Section&nbsp;5.5. shall be applicable (without limiting the obligation to make
Base Rate Loans)).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.4.
Compensation.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall pay to
the Administrative Agent for the account of each Lender, upon the request of the Administrative Agent, such amount or amounts as the Administrative
Agent shall determine in its reasonable discretion shall be sufficient to compensate such Lender for any loss, cost or expense (excluding
lost profits) attributable to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
payment or prepayment (whether mandatory or optional) of a LIBOR Loan, or Conversion of a LIBOR Loan, made by such Lender for any reason
(including, without limitation, acceleration) on a date other than the last day of the Interest Period for such Loan; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
failure by the Borrower for any reason (including, without limitation, the failure of any of the applicable conditions precedent specified
in Article VI. to be satisfied) to borrow a LIBOR Loan from such Lender on the date for such borrowing, or to Convert a Base Rate Loan
into a LIBOR Loan or Continue a LIBOR Loan on the requested date of such Conversion or Continuation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Not in limitation of the foregoing, such compensation
shall include, without limitation, in the case of a LIBOR Loan, an amount equal to the then present value of (A) the amount of interest
that would have accrued on such LIBOR Loan for the remainder of the Interest Period at the rate applicable to such LIBOR Loan, less (B)
the amount of interest that would accrue on the same LIBOR Loan for the same period if LIBOR were set on the date on which such LIBOR
Loan was repaid, prepaid or Converted or the date on which the Borrower failed to borrow, Convert or Continue such LIBOR Loan calculating
present value by using as a discount rate LIBOR quoted on such date. Upon the Borrower&#8217;s request, the Administrative Agent shall
provide the Borrower with a statement setting forth in reasonable detail the basis for requesting such compensation and the method for
determining the amount thereof. Any such statement shall be conclusive provided that such determination is made on a reasonable basis
and in good faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.5.
Treatment of Affected Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If the obligation of any
Lender to make LIBOR Loans or to Continue, or to Convert Base Rate Loans into, LIBOR Loans shall be suspended pursuant to
Section&nbsp;5.1.(c), Section&nbsp;5.2. or Section&nbsp;5.3. then such Lender&#8217;s LIBOR Loans shall be automatically Converted
into Base Rate Loans on the last day(s) of the then current Interest Period(s) for LIBOR Loans (or, in the case of a Conversion
required by Section&nbsp;5.1.(c), Section&nbsp;5.2., or Section&nbsp;5.3. on such earlier date as such Lender or the Administrative
Agent, as applicable, may specify to the Borrower (with a copy to the Administrative Agent, as applicable) and, unless and until
such Lender or the Administrative Agent, as applicable, gives notice as provided below that the circumstances specified in
Section&nbsp;5.1., Section&nbsp;5.2. or Section&nbsp;5.3. that gave rise to such Conversion no longer exist:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the extent that such Lender&#8217;s LIBOR Loans have been so Converted, all payments and prepayments of principal that would otherwise
be applied to such Lender&#8217;s LIBOR Loans shall be applied instead to its Base Rate Loans; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Loans that would otherwise be made or Continued by such Lender as LIBOR Loans shall be made or Continued instead as Base Rate Loans, and
all Base Rate Loans of such Lender that would otherwise be Converted into LIBOR Loans shall remain as Base Rate Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">If such Lender or the Administrative
Agent, as applicable, gives notice to the Borrower (with a copy to the Administrative Agent, as applicable) that the circumstances specified
in Section&nbsp;5.1.(c), 5.2 or 5.3. that gave rise to the Conversion of such Lender&#8217;s LIBOR Loans pursuant to this Section no longer
exist (which such Lender agrees to do promptly upon such circumstances ceasing to exist) at a time when LIBOR Loans made by other Lenders
are outstanding, then such Lender&#8217;s Base Rate Loans shall be automatically Converted, on the first day(s) of the next succeeding
Interest Period(s) for such outstanding LIBOR Loans, to the extent necessary so that, after giving effect thereto, all Loans held by the
Lenders holding LIBOR Loans and by such Lender are held pro rata (as to principal amounts, Types and Interest Periods) in accordance with
their respective Commitments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.6.
Change of Lending Office.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Lender agrees that it
will use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to designate an alternate Lending
Office with respect to any of its Loans affected by the matters or circumstances described in Sections&nbsp;3.10., 5.1. or 5.3. to reduce
the liability of the Borrower or avoid the results provided thereunder, so long as such designation is not disadvantageous to such Lender
as determined by such Lender in its sole discretion, except that such Lender shall have no obligation to designate a Lending Office located
in the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;5.7.
Assumptions Concerning Funding of LIBOR Loans.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Calculation of all amounts
payable to a Lender under this Article shall be made as though such Lender had actually funded LIBOR Loans through the purchase of deposits
in the relevant market bearing interest at the rate applicable to such LIBOR Loans in an amount equal to the amount of the LIBOR Loans
and having a maturity comparable to the relevant Interest Period; provided, however, that each Lender may fund each of its LIBOR Loans
in any manner it sees fit and the foregoing assumption shall be used only for calculation of amounts payable under this Article.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;5.8. Affected Lenders.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If (a) a Lender requests
compensation pursuant to Section&nbsp;3.10. or 5.1., and the Requisite Lenders are not also doing the same, or (b) the obligation of
any Lender to make LIBOR Loans or to Continue, or to Convert Base Rate Loans into, LIBOR Loans shall be suspended pursuant to
Section&nbsp;5.1.(b) or 5.3. but the obligation of the Requisite Lenders shall not have been suspended under such Sections, (c) a
Lender does not vote in favor of any amendment, modification or waiver to this Agreement which, pursuant to Section 13.6.(b),
requires the vote of such Lender, and the Requisite Lenders shall have voted in favor of such amendment, modification or waiver, or
(d) a Lender is a Defaulting Lender, then, so long as there does not then exist any Default or Event of Default, the Borrower may
demand that such Lender (the &#8220;Affected Lender&#8221;), and upon such demand the Affected Lender shall promptly, assign its
Commitment to an Eligible Assignee subject to and in accordance with the provisions of Section&nbsp;13.5.(b) for a purchase price
equal to (x) the aggregate principal balance of all Loans then owing to the Affected Lender plus (y) the aggregate amount of
payments previously made by the Affected Lender under Section 2.3.(j) that have not been repaid, plus (z) any accrued but unpaid
interest thereon and accrued but unpaid fees owing to the Affected Lender, or any other amount as may be mutually agreed upon by
such Affected Lender and Eligible Assignee. Each of the Administrative Agent and the Affected Lender shall reasonably cooperate in
effectuating the replacement of such Affected Lender under this Section, but at no time shall the Administrative Agent, such
Affected Lender, any other Lender nor any Titled Agent be obligated in any way whatsoever to initiate any such replacement or to
assist in finding an Eligible Assignee. The exercise by the Borrower of its rights under this Section shall be at the
Borrower&#8217;s sole cost and expense and at no cost or expense to the Administrative Agent, the Affected Lender or any of the
other Lenders. The terms of this Section shall not in any way limit the Borrower&#8217;s obligation to pay to any Affected Lender
compensation owing to such Affected Lender pursuant to this Agreement (including, without limitation, pursuant to
Sections&nbsp;3.10., 5.1. or 5.4.) with respect to the periods up to the date of replacement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article VI. Conditions Precedent</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;6.1.
Initial Conditions Precedent.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The obligation of the Lenders
to effect or permit the occurrence of the first Credit Event hereunder, whether as the making of a Loan or the issuance of a Letter of
Credit, is subject to the satisfaction of the following conditions precedent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall have received each of the following, in form and substance satisfactory to the Administrative Agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>counterparts of this Agreement executed by each of the parties hereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notes of each Class executed by the Borrower, payable to each Lender of such Class (other than any Lender that has requested that
it not receive a Note) and complying with the terms of Section&nbsp;2.11.(a) and a replacement Swingline Note executed by the Borrower;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Guaranty executed by each of the Parent and each Material Subsidiary existing as of the Effective Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the certificate or articles of incorporation or formation, articles of organization, certificate of limited partnership, declaration
of trust or other comparable organizational instrument (if any) of each Loan Party certified (x) as of a recent date by the Secretary
of State of the state of formation of such Loan Party and (y)&nbsp;by the Secretary or Assistant Secretary (or other individual performing
similar functions) of such Loan Party as being a true, correct and complete copy thereof as of the Agreement Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a certificate of good standing (or certificate of similar meaning) with respect to each Loan Party issued as of a recent date by
the Secretary of State of the state of formation of each such Loan Party and certificates of qualification to transact business or other
comparable certificates issued as of a recent date by each Secretary of State (and any state department of taxation, as applicable) of
each state in which such Loan Party is required to be so qualified and where failure to be so qualified could reasonably be expected to
have a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> a certificate of incumbency signed by the Secretary or Assistant Secretary (or other individual performing similar functions)
of each Loan Party with respect to each of the officers of such Loan Party authorized to execute and deliver the Loan Documents to which
such Loan Party is a party, and in the case of the Borrower, authorized to execute and deliver on behalf of the Borrower Notices of Borrowing,
Notices of Conversion, Notices of Continuation, Notices of Swingline Borrowing, and to request issuance of Letters of Credit;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>copies certified by the Secretary or Assistant Secretary (or other individual performing similar functions) of each Loan Party
of (A)&nbsp;the by-laws of such Loan Party, if a corporation, the operating agreement, if a limited liability company, the partnership
agreement, if a limited or general partnership, or other comparable document in the case of any other form of legal entity and (B)&nbsp;all
corporate, partnership, member or other necessary action taken by such Loan Party to authorize the execution, delivery and performance
of the Loan Documents to which it is a party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>an opinion of counsel to the Loan Parties (other than any Accommodation Subsidiary that is not a Material Subsidiary), addressed
to the Administrative Agent and the Lenders and covering such customary matters as may be required by the Administrative Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ix)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>evidence that the Fees then due and payable under Section&nbsp;3.5., together with all other fees, expenses and reimbursement amounts
due and payable to the Administrative Agent, the Lead Arrangers and any of the Lenders, including without limitation, the fees and expenses
of counsel to the Administrative Agent, have been paid;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(x)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a Compliance Certificate calculated as of the Effective Date (giving pro forma effect to the financing evidenced by this Agreement
and the use of the proceeds of the Loans to be funded on the Agreement Date);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xi)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>[reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a Disbursement Instruction Agreement effective as of the Agreement Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: 0.75in">(xiii)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>evidence of repayment in full of (x) that certain Term Loan Agreement dated as of May 3, 2016, by and among the Borrower, the Parent,
the financial institutions from time to time party thereto, KeyBank National Association, as administrative agent, and the other parties
thereto, as amended by that certain First Amendment to Term Loan Credit Agreement dated as of April 26, 2017 and (y) that certain Term
Loan Agreement dated as of April 26, 2017, by and among the Borrower, the Parent, the financial institutions from time to time party thereto,
Regions Bank, as administrative agent, and the other parties thereto; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xiv)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>such other documents, agreements and instruments as the Administrative Agent, or any Lender through the Administrative Agent, may
reasonably request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The provisions of clauses (iv) through (viii)
of the immediately preceding subsection&nbsp;(a) shall not apply to Accommodation Subsidiaries that are not also Material Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
shall not have occurred or become known to the Administrative Agent or any of the Lenders any event, condition, situation or status since
the date of the information contained in the financial and business projections, budgets, pro forma data and forecasts concerning the
Parent, the Borrower and its Subsidiaries delivered to the Administrative Agent and the Lenders prior to the Agreement Date that has had
or could reasonably be expected to result in a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
litigation, action, suit, investigation or other arbitral, administrative or judicial proceeding shall be pending or threatened in writing
which could reasonably be expected to (i) result in a Material Adverse Effect or (ii) restrain or enjoin, impose materially burdensome
conditions on, or otherwise materially and adversely affect, the ability of the Borrower or any other Loan Party to fulfill its obligations
under the Loan Documents to which it is a party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent, the Borrower and its Subsidiaries shall have received all approvals, consents and waivers, and shall have made or given all necessary
filings and notices as shall be required to consummate the transactions contemplated hereby without the occurrence of any default under,
conflict with or violation of (i)&nbsp;any Applicable Law or (ii)&nbsp;any agreement, document or instrument to which any Loan Party is
a party or by which any of them or their respective properties is bound, except for such approvals, consents, waivers, filings and notices
the receipt, making or giving of which would not reasonably be likely to (A)&nbsp;have a Material Adverse Effect, or (B)&nbsp;restrain
or enjoin or impose materially burdensome conditions on, or otherwise materially and adversely affect the ability of the Borrower or any
other Loan Party to fulfill its obligations under the Loan Documents to which it is a party; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower and each other Loan Party shall have provided to the Administrative Agent and the Lenders the documentation and other information
requested by the Administrative Agent in order to comply with requirements of any Anti-Money Laundering Laws, including, without limitation,
the PATRIOT Act and any applicable &#8220;know your customer&#8221; rules and regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Loan Party or Subsidiary thereof that qualifies as a &#8220;legal entity customer&#8221; under the Beneficial Ownership Regulation shall
have delivered to the Administrative Agent, and any Lender requesting the same, a Beneficial Ownership Certification in relation to such
Loan Party or such Subsidiary, in each case at least five (5) Business Days prior to the Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;6.2.
Conditions Precedent to All Loans and Letters of Credit.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The obligations of (i)
Lenders to make any Loans and (ii) the Issuing Banks to issue Letters of Credit are each subject to the further conditions precedent
that: (a)&nbsp;no Default or Event of Default shall exist as of the date of the making of such Loan or date of issuance of such
Letter of Credit or would exist immediately after giving effect thereto, and no violation of the limits described in
Section&nbsp;2.15. would occur after giving effect thereto; (b)&nbsp;the representations and warranties made or deemed made by the
Parent, the Borrower and each other Loan Party in the Loan Documents to which any of them is a party, shall be true and correct in
all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects) on and as of the date
of the making of such Loan or date of issuance of such Letter of Credit with the same force and effect as if made on and as of such
date (except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such
representations and warranties shall have been true and correct in all material respects (or, to the extent qualified by materiality
or Material Adverse Effect, in all respects) on and as of such earlier date) and except for changes in factual circumstances not
prohibited under the Loan Documents; provided that, during the Covenant Relief Period, for purposes of making the representation set
forth in the first sentence of Section 7.1(l) any event or circumstance resulting from the COVID-19 pandemic as described in the
10-Q publicly filed by the Parent on May 11, 2020 and as subsequently publicly disclosed by the Parent in its securities filings or
as otherwise disclosed to the Administrative Agent and the Lenders in writing prior to the First Amendment Date shall be excluded;
(c)&nbsp;in the case of the borrowing of Revolving Loans, the Administrative Agent shall have received a timely Notice of Borrowing,
and in the case of a Swingline Loan, the Swingline Lender shall have received a timely Notice of Swingline Borrowing, and in the
case of the issuance of a Letter of Credit, the Issuing Banks and the Administrative Agent shall have received a timely request for
the issuance of such Letter of Credit and (d) if the Parent and the Borrower were not required to comply with the financial
covenants contained in Section 10.1.(a), Section 10.1.(b), Section 10.1.(c) or Section 10.1.(d) during any fiscal quarter in which
no Loans and no Letters of Credit Liabilities were outstanding; the Borrower must demonstrate compliance with such financial
covenants on a pro forma basis as a condition to the making of a Loan or the issuance of a Letter of Credit. Each Credit Event shall
constitute a certification by the Borrower to the effect set forth clauses (a) and (b) in the preceding sentence (both as of the
date of the giving of notice relating to such Credit Event and, unless the Borrower otherwise notifies the Administrative Agent
prior to the date of such Credit Event, as of the date of the occurrence of such Credit Event). In addition, the Borrower shall be
deemed to have represented to the Administrative Agent and the Lenders at the time any Loan is made or any Letter of Credit is
issued that all conditions to the making of such Loan or issuing of such Letter of Credit contained in this Section have been
satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article VII. Representations
and Warranties</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;7.1.
Representations and Warranties.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In order to induce the Administrative
Agent and each Lender to enter into this Agreement and to make Loans and, in the case of the Issuing Banks, to issue Letters of Credit,
the Parent and the Borrower represent and warrant to the Administrative Agent, each Issuing Bank and each Lender as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization;
Power; Qualification</U>. Each of the Parent, the Borrower, the other Loan Parties and the other Subsidiaries is a corporation, partnership,
limited liability company or other legal entity, duly organized or formed, validly existing and in good standing under the jurisdiction
of its incorporation or formation, has the power and authority to own or lease its respective properties and to carry on its respective
business as now being and hereafter proposed to be conducted and is duly qualified and is in good standing as a foreign corporation, limited
liability company, partnership or other legal entity, and authorized to do business, in each jurisdiction in which the character of its
properties or the nature of its business requires such qualification or authorization and where the failure to be so qualified or authorized
could reasonably be expected to have, in each instance, a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Ownership
Structure</U>. As of the First Amendment Date, Part I of Schedule&nbsp;7.1.(b) is a complete and correct list of all Subsidiaries of the
Parent setting forth for each such Subsidiary, (i)&nbsp;the jurisdiction of organization of such Subsidiary, (ii)&nbsp;each Person holding
any Equity Interests in such Subsidiary, (iii)&nbsp;the nature of the Equity Interests held by each such Person, (iv)&nbsp;the percentage
of ownership of such Subsidiary represented by such Equity Interests and (v)&nbsp;whether such Subsidiary is a Material Subsidiary, a
Significant Subsidiary, an Excluded Subsidiary, an Accommodation Subsidiary, an Issuer on the First Amendment Date or none of the foregoing.
Except as disclosed in such Schedule, as of the First Amendment Date (A)&nbsp;each of the Parent and its Subsidiaries owns, free and clear
of all Liens (other than Permitted Liens), and has the unencumbered right to vote, all outstanding Equity Interests in each Person shown
to be held by it on such Schedule&nbsp;7.1.(b), (B)&nbsp;all of the issued and outstanding capital stock of each such Person organized
as a corporation is validly issued, fully paid and nonassessable and (C)&nbsp;there are no outstanding subscriptions, options, warrants,
commitments, preemptive rights or agreements of any kind (including, without limitation, any stockholders&#8217; or voting trust agreements)
for the issuance, sale, registration or voting of, or outstanding securities convertible into, any additional shares of capital stock
of any class, or partnership or other ownership interests of any type in, any such Person. As of the First Amendment Date, Part&nbsp;II
of Schedule&nbsp;7.1.(b) correctly sets forth all Unconsolidated Affiliates of the Parent, including the correct legal name of such Person,
the type of legal entity which each such Person is, and all Equity Interests in such Person held directly or indirectly by the Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authorization
of Loan Documents and Borrowings</U>. The Borrower has the right and power, and has taken all necessary action to authorize it, to borrow
and obtain other extensions of credit hereunder. The Borrower and each other Loan Party has the right and power, and has taken all necessary
action to authorize it, to execute, deliver and perform each of the Loan Documents and the Fee Letters to which it is a party in accordance
with their respective terms and to consummate the transactions contemplated hereby and thereby and to grant Liens in the Collateral to
the Administrative Agent for the benefit of the Lender Parties pursuant to the Pledge Agreement. The Loan Documents and the Fee Letters
to which any Loan Party is a party have been duly executed and delivered by the duly authorized officers, agents and/or signatories of
such Person and each is a legal, valid and binding obligation of such Person enforceable against such Person in accordance with its respective
terms, except as the same may be limited by bankruptcy, insolvency, and other similar laws affecting the rights of creditors generally
and the availability of equitable remedies for the enforcement of certain obligations (other than the payment of principal) contained
herein or therein and as may be limited by equitable principles generally.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
of Loan Documents with Laws, Etc</U>. The execution, delivery and performance of this Agreement, the Notes, the other Loan Documents to
which any Loan Party is a party and of the Fee Letters in accordance with their respective terms and the borrowings and other extensions
of credit hereunder and the grant of any Liens under the Pledge Agreement do not and will not, by the passage of time, the giving of notice,
or both: (i)&nbsp;require any Governmental Approval or violate any Applicable Law (including all Environmental Laws) relating to the Borrower
or any other Loan Party (other than filings and consents contemplated by the Pledge Agreement); (ii)&nbsp;conflict with, result in a breach
of or constitute a default under the organizational documents of any Loan Party, or any indenture, agreement or other instrument to which
the Borrower or any other Loan Party is a party or by which it or any of its respective properties may be bound; or (iii)&nbsp;result
in or require the creation or imposition of any Lien upon or with respect to any property now owned or hereafter acquired by any Loan
Party other than in favor of the Administrative Agent for its benefit and the benefit of the other Lender Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Law; Governmental Approvals</U>. Each of the Borrower, the other Loan Parties and the other Subsidiaries is in compliance with each
Governmental Approval applicable to it and in compliance with all other Applicable Laws (including, without limitation, Environmental
Laws) relating to it except for noncompliances which, and Governmental Approvals the failure to possess which, could not, in the aggregate,
reasonably be expected to cause a Default or Event of Default or have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Title
to Properties; Liens</U>. As of the First Amendment Date, Part I of Schedule 7.1.(f) is a complete and correct listing of all real estate
assets of the Parent, the Borrower, each other Loan Party and each other Subsidiary, setting forth, for each such Property, the average
occupancy status of such Property for the period of twelve consecutive calendar fiscal months ending April 30, 2020. Each of the Parent,
the Borrower, each other Loan Party and each other Subsidiary has good, marketable and legal title to, or a valid leasehold interest in,
its respective assets (other than Permitted Liens, prior to a Frenchman&#8217;s Reef Property becoming an Unencumbered Property, claims
of materialmen, mechanics, carriers, or warehousemen for labor, materials, supplies incurred in the ordinary course of business which
relate to claims against such Frenchman&#8217;s Reef Property and Liens on assets of an Excluded Subsidiary securing the Indebtedness
which causes such Subsidiary to be an Excluded Subsidiary). As of the First Amendment Date, there are no Liens against any assets of the
Parent, the Borrower or any other Subsidiary except for Permitted Liens, claims of materialmen, mechanics, carriers, or warehousemen for
labor, materials, supplies incurred in the ordinary course of business which relate to claims against any Frenchman&#8217;s Reef Property
and Liens on assets of an Excluded Subsidiary securing the Indebtedness which causes such Subsidiary to be an Excluded Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Existing
Indebtedness; Total Indebtedness</U>. Schedule&nbsp;7.1.(g) is, as of the First Amendment Date, a complete and correct listing of all
Indebtedness (including all Guarantees) of each of the Parent, the Borrower, the other Loan Parties and the other Subsidiaries, and if
such Indebtedness is secured by any Lien, a description of all of the property subject to such Lien.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Material
Contracts</U>. Excluding Material Contracts evidencing Indebtedness listed on Schedule&nbsp;7.1.(g), if any, Schedule&nbsp;7.1.(h) is,
as of the First Amendment Date, a true, correct and complete listing of all Material Contracts. No event or condition which with the giving
of notice, the lapse of time, or both, would permit any party to any such Material Contract to terminate such Material Contract exists.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Litigation</U>.
Except as set forth on Schedule&nbsp;7.1.(i), there are no actions, suits, investigations or proceedings pending (nor, to the knowledge
of any Responsible Officer of the Parent or the Borrower, are there any actions, suits or proceedings threatened) against or in any other
way relating adversely to or affecting the Parent, the Borrower, any other Loan Party, any other Subsidiary or any of their respective
property in any court or before any arbitrator of any kind or before or by any other Governmental Authority which, (i)&nbsp;could reasonably
be expected to have a Material Adverse Effect or (ii) in any manner draws into question the validity or enforceability of any Loan Documents
or the Fee Letters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.
Subject to applicable extensions, all federal, state and other material tax returns of the Parent, the Borrower, each other Loan Party
and each other Subsidiary required by Applicable Law to be filed have been duly filed, and all federal, state and other material Taxes
of the Parent, the Borrower, each other Loan Party, each other Subsidiary and their respective properties, income, profits and assets
which are due and payable have been paid, except any such nonpayment which is at the time permitted under Section&nbsp;8.6. As of the
Agreement Date, none of the United States income tax returns of the Parent, the Borrower any other Loan Party or any other Subsidiary
is under audit. All charges, accruals and reserves on the books of the Parent, the Borrower, the other Loan Parties and the other Subsidiaries
in respect of any taxes or other governmental charges are in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Statements</U>. The Borrower has furnished to each Lender copies of (i) the audited consolidated balance sheet of the Parent and its consolidated
Subsidiaries for the fiscal year ended December 31, 2018, and the related audited consolidated statements of operations, shareholders&#8217;
equity and cash flow for the fiscal year ended on such date, with the opinion thereon of KPMG LLP, and (ii) the unaudited consolidated
balance sheet of the Parent and its consolidated Subsidiaries for the fiscal quarter ended March 31, 2019, and the related unaudited consolidated
statements of operations, and cash flow of the Parent and its consolidated Subsidiaries for the fiscal quarter period ended on such date.
Such balance sheets and statements (including in each case related schedules and notes) are complete and correct in all material respects
and present fairly, in accordance with GAAP consistently applied throughout the periods involved, the consolidated financial position
of the Parent and its consolidated Subsidiaries as at their respective dates and the results of operations and the cash flow for such
periods (subject, as to interim statements, to changes resulting from normal year-end audit adjustments). Neither the Parent nor any of
its Subsidiaries has on the Agreement Date any material contingent liabilities, liabilities, liabilities for taxes, unusual or long-term
commitments or unrealized or forward anticipated losses from any unfavorable commitments that would be required to be set forth in its
financial statements or notes thereto, except as referred to or reflected or provided for in said financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Material Adverse Change</U>. Since December 31, 2018, there has been no material adverse change in the business, assets, liabilities,
financial condition or results of operations of the Parent and its Subsidiaries or the Borrower and its Subsidiaries, in each case, taken
as a whole. Each of the Borrower and the Parent are Solvent, and the other Loan Parties taken as a whole are Solvent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Benefit Arrangement and Plan is in compliance with the applicable provisions of ERISA, the Internal Revenue Code and other Applicable
Laws in all material respects. Except with respect to Multiemployer Plans, each Qualified Plan (A)&nbsp;has received a favorable determination
from the Internal Revenue Service indicating that such Qualified Plan is so qualified, or (B)&nbsp;is maintained under a prototype or
volume submitter plan and is entitled to rely upon a favorable opinion or advisory letter issued by the Internal Revenue Service with
respect to such prototype or volume submitter plan. To the best knowledge of the Parent and the Borrower, nothing has occurred which could
reasonably be expected to result in the loss of their reliance on the Qualified Plan&#8217;s or Plan&#8217;s favorable determination letter,
opinion or advisory letter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to any Benefit Arrangement that is a retiree welfare benefit arrangement, all amounts have been accrued on the applicable ERISA
Group&#8217;s financial statements in accordance with FASB ASC 715. The &#8220;benefit obligation&#8221; of all Plans does not exceed
the &#8220;fair market value of plan assets&#8221; for such Plans by more than $10,000,000 all as determined by and with such terms defined
in accordance with FASB ASC 715.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect: (i)&nbsp;no ERISA Event has
occurred or is expected to occur; (ii)&nbsp;there are no pending, or to the best knowledge of the Parent and the Borrower, threatened,
claims, actions or lawsuits or other action by any Governmental Authority, plan participant or beneficiary with respect to a Benefit Arrangement;
(iii)&nbsp;there are no violations of the fiduciary responsibility rules with respect to any Benefit Arrangement or Plan; (iv)&nbsp; no
member of the ERISA Group has engaged in a non-exempt &#8220;prohibited transaction,&#8221; as defined in Section&nbsp;406 of ERISA and
Section&nbsp;4975 of the Internal Revenue Code, in connection with any Benefit Arrangement or Plan, that would subject the Parent or Borrower
to a tax on prohibited transactions imposed by Section&nbsp;502(i) of ERISA or Section&nbsp;4975 of the Internal Revenue Code and (v)
no assessment or tax has arisen under Section 4980H of the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Not
Plan Assets; No Prohibited Transactions</U>. None of the assets of the Parent, the Borrower, any other Loan Party or any other Subsidiary
constitutes &#8220;plan assets&#8221; within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated
thereunder. Assuming that no Lender funds any amount payable by it hereunder with &#8220;plan assets,&#8221; as that term is defined in
29 C.F.R. 2510.3-101, the execution, delivery and performance of this Agreement and the other Loan Documents, and the borrowing and repayment
of amounts hereunder, do not and will not constitute &#8220;prohibited transactions&#8221; under Section 406 of ERISA or Section 4975
of the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Defaults</U>. None of the Loan Parties or any of the other Subsidiaries is in default under its certificate or articles of incorporation
or formation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied,
cured or waived, which, in any such case: (i)&nbsp;constitutes a Default or an Event of Default; or (ii)&nbsp;constitutes, or which with
the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the Borrower, any other
Loan Party or any other Subsidiary under any agreement (other than this Agreement) or judgment, decree or order to which any such Person
is a party or by which any such Person or any of its respective properties may be bound where such default or event of default could,
individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Laws</U>. In the ordinary course of business each of the Parent, the Borrower, each other Loan Party and each other Subsidiary reviews
the compliance with Environmental Laws of its respective business, operations and properties. Each of the Parent, the Borrower, each
other Loan Party and the other Subsidiary: (i)&nbsp;is in compliance with all Environmental Laws applicable to its business, operations
and the Properties, (ii) has obtained all Governmental Approvals which are required under Environmental Laws, and each such Governmental
Approval is in full force and effect, and (iii) is in compliance with all terms and conditions of such Governmental Approvals, where
with respect to each of the immediately preceding clauses (i) through (iii) the failure to obtain or to comply with could reasonably
be expected to have a Material Adverse Effect. Except for any of the following matters that could not reasonably be expected to have
a Material Adverse Effect, no Loan Party has any knowledge of, or has received written notice of, any past, present, or pending releases,
events, conditions, circumstances, activities, practices, incidents, facts, occurrences, actions, or plans that, with respect to any
Loan Party or any other Subsidiary, their respective businesses, operations or with respect to the Properties, may: (i) cause or contribute
to an actual or alleged violation of or noncompliance with Environmental Laws, (ii) cause or contribute to any other potential common&#45;law
or legal claim or other liability, or (iii) cause any of the Properties to become subject to any restrictions on ownership, occupancy,
use or transferability under any Environmental Law or require the filing or recording of any notice, approval or disclosure document
under any Environmental Law and, with respect to the immediately preceding clauses (i) through (iii) is based on or related to the on-site
or off-site manufacture, generation, processing, distribution, use, treatment, storage, disposal, transport, removal, clean up or handling,
or the emission, discharge, release or threatened release of any Hazardous Material, or any other requirement under Environmental Law.
There is no civil, criminal, or administrative action, suit, demand, claim, hearing, written notice, or demand letter, mandate, order,
lien, request, investigation, or proceeding pending or, to the Parent&#8217;s or Borrower&#8217;s knowledge, threatened in writing, against
the Parent, the Borrower, any other Loan Party or any other Subsidiary relating in any way to Environmental Laws which reasonably could
be expected to have a Material Adverse Effect. To the Parent&#8217;s or Borrower&#8217;s knowledge, none of the Properties of the Parent,
the Borrower, any other Loan Party or any other Subsidiary is listed on or proposed for listing on the National Priority List promulgated
pursuant to the Comprehensive Environmental Response, Compensation and Liability Act of 1980 and its implementing regulations, or any
state or local priority list promulgated pursuant to any analogous state or local law. To Parent&#8217;s or Borrower&#8217;s knowledge,
no Hazardous Materials generated at or transported from any such Properties is or has been transported to, or disposed of at, any location
that is listed or proposed for listing on the National Priority List or any analogous state or local priority list, or any other location
that is or has been the subject of a clean-up, removal or remedial action pursuant to any Environmental Law, except to the extent that
such transportation or disposal could not reasonably be expected to result in a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investment
Company</U>. None of the Parent, the Borrower, any other Loan Party or any other Subsidiary is (i)&nbsp;an &#8220;investment company&#8221;
or a company &#8220;controlled&#8221; by an &#8220;investment company&#8221; within the meaning of the Investment Company Act of 1940,
as amended, or (ii)&nbsp;subject to any other Applicable Law which purports to regulate or restrict its ability to borrow money or obtain
other extensions of credit or to consummate the transactions contemplated by this Agreement or to perform its obligations under any Loan
Document to which it is a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Margin
Stock</U>. None of the Parent, the Borrower, any other Loan Party or any other Subsidiary is engaged principally, or as one of its important
activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying &#8220;margin
stock&#8221; within the meaning of Regulation&nbsp;U of the Board of Governors of the Federal Reserve System.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affiliate
Transactions</U>. Except as permitted by Section&nbsp;10.11., none of the Parent, the Borrower, any other Loan Party or any other Subsidiary
is a party to or bound by any agreement or arrangement with any Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intellectual
Property</U>. Each of the Loan Parties and each other Subsidiary owns or has the right to use, under valid license agreements or otherwise,
all material registered patents, licenses, franchises, registered trademarks, trademark rights, service marks, service mark rights, trade
names, trade name rights, trade secrets and copyrights (collectively, &#8220;Intellectual Property&#8221;) necessary to the conduct of
its businesses as now conducted and as contemplated by the Loan Documents, without, to the knowledge of the Loan Parties, conflict in
any material respect with any registered patent, license, franchise, registered trademark, trademark right, service mark, service mark
right, trade secret, trade name, copyright, or other proprietary right of any other Person. The Parent, the Borrower and each other Subsidiary
have taken all such steps as they deem reasonably necessary to protect their respective rights under and with respect to such Intellectual
Property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.6in 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Business</U>.
As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of developing,
construction, acquiring, owning and operating hotel properties, together with other business activities incidental thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Broker&#8217;s
Fees</U>. No broker&#8217;s or finder&#8217;s fee, commission or similar compensation will be payable with respect to the transactions
contemplated hereby. No other similar fees or commissions will be payable by any Loan Party for any other services rendered to the Parent,
the Borrower, any other Loan Party or any other Subsidiary ancillary to the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.6in 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(w)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Accuracy
and Completeness of Information</U>. All written information, reports and data (other than financial projections and other forward looking
statements) furnished to the Administrative Agent or any Lender by, on behalf of, or at the direction of, the Parent, the Borrower, any
other Loan Party or any other Subsidiary were, at the time the same were so furnished, and when taken as a whole, complete and correct
in all material respects, to the extent necessary to give the recipient a true and accurate knowledge of the subject matter, or, in the
case of financial statements, present fairly in all material respects, in accordance with GAAP consistently applied throughout the periods
involved in each case, the financial position of the Persons involved as at the date thereof and the results of operations for such periods
(subject, as to interim statements, to changes resulting from normal year end audit adjustments and absence of full footnote disclosure).
All financial projections and other forward looking statements prepared by or on behalf of the Parent, the Borrower, any other Loan Party
or any other Subsidiary that have been or may hereafter be made available to the Administrative Agent or any Lender were or will be prepared
in good faith based on assumptions believed by the Borrower to be reasonable at the time such projections or statements are made or delivered
but with it being understood that such projections and statement are not a guarantee of future performance. As of the Effective Date,
no fact is known to any Loan Party which has had, or may reasonably be expected in the future to have (so far as any Loan Party can reasonably
foresee), a Material Adverse Effect which has not been set forth in the financial statements referred to in Section&nbsp;7.1.(k) or in
such information, reports or data or otherwise disclosed in writing to the Administrative Agent and the Lenders. As of the Effective Date,
all of the information included in the Beneficial Ownership Certification, if applicable, is true and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>REIT
Status</U>. The Parent has elected to be treated as a REIT under the Internal Revenue Code, the Parent is qualified as a REIT and each
of its Subsidiaries that is a corporation is a Qualified REIT Subsidiary or Taxable REIT Subsidiary, except where a Subsidiary&#8217;s
failure to so qualify could not reasonably be expected to have an adverse effect on the Parent&#8217;s qualification as a REIT.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(y)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Unencumbered
Properties</U>. Each of the Properties included in calculations of the Unencumbered Property Value satisfies all of the requirements contained
in the definition of &#8220;Eligible Property&#8221; (except to the extent such requirements were waived by Requisite Lenders). Each of
the Eligible Properties as of the First Amendment Date are listed on Schedule 7.1.(y).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(z) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Anti-Corruption
Laws and Sanctions; Anti-Terrorism Laws</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of (A) the Parent, the Borrower, any Subsidiary, any of their respective directors, officers, or, to the knowledge of the Parent, the
Borrower or such Subsidiary, any of their respective employees or Affiliates, or (B) to the knowledge of the Parent or the Borrower, any
agent or representative of the Parent, the Borrower or any Subsidiary that will act in any capacity in connection with or benefit from
any Loan or Letter of Credit, (I) is a Sanctioned Person or currently the subject or target of any Sanctions, (II) is controlled by or
is acting on behalf of a Sanctioned Person, (III) has its assets located in a Sanctioned Country, (IV) is under administrative, civil
or criminal investigation for an alleged violation of, or received notice from or made a voluntary disclosure to any governmental entity
regarding a possible violation of, Anti-Corruption Laws, Anti-Money Laundering Laws or Sanctions by a governmental authority that enforces
Sanctions or any Anti-Corruption Laws or Anti-Money Laundering Laws, or (V) directly or indirectly derives revenues from investments in,
or transactions with, Sanctioned Persons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Parent, the Borrower and their respective Subsidiaries has implemented and maintains in effect policies and procedures reasonably
designed to promote and achieve compliance by the Parent, the Borrower and their respective Subsidiaries and their respective directors,
officers, employees, agents and Affiliates with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Parent, the Borrower and its Subsidiaries, each director, officer, and to the knowledge of the Parent and the Borrower, employee,
agent and Affiliate of the Parent, the Borrower and each such Subsidiary, is in compliance with applicable Anti-Corruption Laws, Anti-Money
Laundering Laws and Sanctions in all material respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
proceeds of any Loan or Letter of Credit have been used, directly or (to the knowledge of the Borrower) indirectly, by the Borrower, any
of its Subsidiaries or any of its or their respective directors, officers, employees and agents in violation of Section 8.8.(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(aa)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affected
Financial Institution</U>. None of the Parent, Borrower or any of their respective Subsidiaries is an Affected Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(bb)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Security
Interest</U>. On and after the First Amendment Date and prior to the Security Release Date, the Pledge Agreement creates, as security
for the Obligations, a valid and enforceable Lien on all of the Collateral in favor of the Administrative Agent for its benefit and the
benefit of the Lender Parties, superior to and prior to the rights of all third parties (subject to the terms of the Intercreditor Agreement
and except for tax Liens which are Permitted Liens of the type described in clause (a) of the definition of such term) and subject to
no other Liens (except for tax Liens which are Permitted Liens of the type described in clauses (a) of the definition of such term and
Permitted Liens under clause (e) and (l) of the definition of thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;7.2.
Survival of Representations and Warranties, Etc.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">All statements contained
in any certificate, financial statement or other instrument delivered by or on behalf of any Loan Party or any other Subsidiary to
the Administrative Agent or any Lender pursuant to or in connection with this Agreement or any of the other Loan Documents
(including, but not limited to, any such statement made in or in connection with any amendment thereto or any statement contained in
any certificate, financial statement or other instrument delivered by or on behalf of any Loan Party prior to the Agreement Date and
delivered to the Administrative Agent or any Lender in connection with the underwriting or closing the transactions contemplated
hereby) shall constitute representations and warranties made by the Parent and the Borrower to the Administrative Agent and the
Lenders under this Agreement. All representations and warranties made under this Agreement and the other Loan Documents shall be
deemed to be made at and as of the Agreement Date, the Effective Date, the date on which any extension of the Termination Date is
effectuated pursuant to Section&nbsp;2.13. and at and as of the date of the occurrence of each Credit Event, except to the extent
that such representations and warranties expressly relate solely to an earlier date (in which case such representations and
warranties shall have been true and correct in all material respects on and as of such earlier date) and except for changes in
factual circumstances not prohibited under the Loan Documents. All such representations and warranties shall survive the
effectiveness of this Agreement, the execution and delivery of the Loan Documents and the making of the Loans and the issuance of
the Letters of Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article VIII. Affirmative Covenants</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For so long as this Agreement
is in effect, unless the appropriate Lenders shall otherwise consent in the manner provided for in Section&nbsp;13.6., the Parent and
the Borrower shall comply with the following covenants:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.1.
Preservation of Existence and Similar Matters.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Except as otherwise permitted
under Section&nbsp;10.7., the Parent and the Borrower shall, and shall cause each other Loan Party and each other Subsidiary to, preserve
and maintain its respective existence, rights, franchises, licenses and privileges in the jurisdiction of its incorporation or formation
and qualify and remain qualified and authorized to do business in each jurisdiction in which the character of its properties or the nature
of its business requires such qualification and authorization and where the failure to be so authorized and qualified could reasonably
be expected to have a Material Adverse Effect; <U>provided</U>, <U>however</U>, that nothing in this <U>Section&nbsp;8.1.</U> will prohibit
the Parent or any other Loan Party or any of their Subsidiaries from engaging in any transactions permitted under this Agreement, including
<U>Section&nbsp;10.7.</U>, and neither the Parent nor any other Loan Party or any of their Subsidiaries shall be required to preserve
any such right, franchise or existence if the board of directors of the Parent or the Borrower shall determine that the preservation thereof
is no longer desirable in the conduct of the business of the Parent, the Borrower and their Subsidiaries taken as a whole and that the
loss thereof is not adverse in any material respect to the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.2.
Compliance with Applicable Law and Material Contracts.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, and shall cause each other Loan Party and each other Subsidiary to, comply with&nbsp;(a) all Applicable Laws, including the obtaining
of all Governmental Approvals, the failure with which to comply could reasonably be expected to have a Material Adverse Effect, and (b)&nbsp;all
terms and conditions of all Material Contracts to which it is a party, the failure with which to comply could give any other party thereto
the right to terminate such Material Contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.3.
Maintenance of Property.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In addition to the
requirements of any of the other Loan Documents, the Parent and the Borrower shall, and shall cause each other Loan Party and each
other Subsidiary to, (a)&nbsp;protect and preserve all of its respective material properties, including, but not limited to, all
Intellectual Property (to the extent reasonably necessary in connection with operations), and maintain in good repair, working order
and condition all tangible properties, ordinary wear and tear and insured casualty losses excepted, and (b)&nbsp;make or cause to be
made all repairs, renewals, replacements and additions to such properties necessary or appropriate in the Borrower&#8217;s good
faith and reasonable judgment, so that the business carried on in connection therewith may be properly and advantageously conducted
at all times.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.4.
Conduct of Business.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, and shall cause each other Loan Party and each other Subsidiary taken as a whole to, carry on the business as described in Section&nbsp;7.1.(u)
and not enter into any line of business not otherwise engaged in by such Person as of the Agreement Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.5.
Insurance.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In addition to the requirements
of any of the other Loan Documents, the Parent and the Borrower shall, and shall cause each other Loan Party and each other Subsidiary
to, maintain insurance (on a replacement cost basis) with financially sound and reputable insurance companies against such risks (including,
without limitation, acts of terrorism) and in such amounts as is customarily maintained by prudent Persons engaged in similar businesses
and in similar locations or as may be required by Applicable Law. At the time financial statements are furnished pursuant to Section 9.2.
and from time to time upon the request of the Administrative Agent, the Borrower shall deliver to the Administrative Agent a detailed
list, together with copies of all policies of the insurance then in effect, stating the names of the insurance companies, the amounts
and rates of the insurance, the dates of the expiration thereof and the properties and risks covered thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.6.
Payment of Taxes and Claims.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, and shall cause each other Loan Party and each other Subsidiary to, pay and discharge before delinquent (a)&nbsp;all federal and
state income taxes and all other material taxes, assessments and governmental charges or levies imposed upon it or upon its income or
profits or upon any properties belonging to it, and (b)&nbsp;all lawful claims of materialmen, mechanics, carriers, warehousemen and landlords
for labor, materials, supplies and rentals which, if unpaid, might become a Lien on any properties of such Person (other than any such
claim that constitutes a Permitted Lien under clause (a)(y) of the definition of &#8220;Permitted Liens&#8221; and prior to a Frenchman&#8217;s
Reef Property becoming an Unencumbered Property, claims of materialmen, mechanics, carriers, or warehousemen for labor, materials, supplies
incurred in the ordinary course of business which relate to claims against such Frenchman&#8217;s Reef Property); provided, however, that
this Section shall not require the payment or discharge of any such tax, assessment, charge, levy or claim (i) which is being contested
in good faith by appropriate proceedings which operate to suspend the collection thereof and for which adequate reserves have been established
on the books of such Person in accordance with GAAP or (ii)&nbsp;to the extent covered by title insurance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.7.
Inspections.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; text-align: justify"><FONT STYLE="font-weight: normal">The
Parent and the Borrower shall, and shall cause each other Loan Party and each other Subsidiary to, permit the representatives or
agents of any Lender or the Administrative Agent, from time to time after reasonable prior notice and in a manner that does not
unreasonably disrupt the normal business operations of the Parent, the Borrower or such Subsidiary, in each case so long as no Event
of Default shall be in existence, as often as may be reasonably requested, but only during normal business hours, as the case may
be, to: (a)&nbsp;visit and inspect all properties of the Parent, the Borrower or such Subsidiary to the extent any such right to
visit or inspect is within the control of such Person; provided that such visit and inspection shall not include the extraction of
soil or other sample testing related to Environmental Law or Hazardous Materials, unless a Default or Event of Default exists;
(b)&nbsp;inspect and make extracts from their respective books and records, including but not limited to management letters prepared
by independent accountants; and (c)&nbsp;discuss with its officers and employees, and its independent accountants, its business,
properties, condition (financial or otherwise), results of operations and performance. If requested by the Administrative Agent, the
Parent and the Borrower shall execute an authorization letter addressed to their accountants authorizing the Administrative Agent or
any Lender to discuss the financial affairs of the Parent, the Borrower, any other Loan Party or any other Subsidiary with their
accountants. The Parent may designate a representative to accompany any Lender or Administrative Agent in connection with such
visits, inspections and discussion unless a Default or Event of Default exists. The Borrower shall be obligated to reimburse the
Administrative Agent and the Lenders for their reasonable costs and expenses incurred in connection with the exercise of their
rights under this Section only if such exercise occurs while an Event of Default exists.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.8.
Use of Proceeds; Letters of Credit.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower will use the proceeds of the Loans only (i) on the Effective Date, to refinance existing Indebtedness of the Borrower and its
Subsidiaries and to pay fees and expenses relating to this Agreement and such refinancings and (ii) thereafter for the general working
capital and other general corporate purposes of the Borrower and its Subsidiaries, including without limitation,&nbsp;to finance acquisitions
otherwise not prohibited under this Agreement,&nbsp;to finance capital expenditures and the repayment of Indebtedness of the Borrower
and its Subsidiaries and for short-term bridge advances and the payment of fees and expenses related to this Agreement. The Borrower shall
only use Letters of Credit for the same purposes for which it may use the proceeds of Loans. The Borrower shall not, and shall not permit
any other Loan Party or any other Subsidiary to, use any part of such proceeds to purchase or carry, or to reduce or retire or refinance
any credit incurred to purchase or carry, any margin stock (within the meaning of Regulation&nbsp;U or Regulation&nbsp;X of the Board
of Governors of the Federal Reserve System) or to extend credit to others for the purpose of purchasing or carrying any such margin stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower will not request any Loan or Letter of Credit, and the Borrower shall not use, and shall ensure that its Subsidiaries and its
or their respective directors, officers, employees and agents shall not use, the proceeds of any Loan or Letter of Credit, directly or
to Borrower&#8217;s knowledge indirectly, (i) 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 violation of any Anti-Corruption Laws or Anti-Money Laundering Laws, (ii)
for the purpose of funding, financing or facilitating any activities, business or transaction of or with any Sanctioned Person, or in
any Sanctioned Country, or (iii) in any manner that would result in the violation of any Sanctions applicable to any party hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.9.
Environmental Matters.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the
Borrower shall, and shall cause each other Loan Party and each other Subsidiary to, comply with all Environmental Laws, the failure
with which to comply could reasonably be expected to have a Material Adverse Effect. If the Parent, the Borrower, or any other
Subsidiary shall (a)&nbsp;receive written notice that any violation of any Environmental Law may have been committed by such Person,
(b)&nbsp;receive written notice that any administrative or judicial complaint or order has been filed or is about to be filed
against the Parent, the Borrower or any other Subsidiary alleging violations of any Environmental Law or requiring any such Person
to take any action in connection with the release of Hazardous Materials or (c)&nbsp;receive any written notice from a Governmental
Authority or private party alleging that any such Person may be liable or responsible for costs associated with a response to or
cleanup of a release of Hazardous Materials or any damages caused thereby, and the matters referred to in such notices, individually
or in the aggregate, could reasonably be expected to have a Material Adverse Effect, the Borrower shall provide the Administrative
Agent with a copy of such notice promptly, and in any event within 10 Business Days, after the receipt thereof. The Parent and the
Borrower shall, and shall cause each other Loan Party and each other Subsidiary to, promptly take all actions necessary to prevent
the imposition of any material Liens on any of their respective properties arising out of or related to any Environmental Laws
(other than a Lien (i) which is being contested in good faith by appropriate proceedings which operate to suspend the enforcement
thereof and for which adequate reserves have been established on the books of the Parent, the Borrower or such Subsidiary, as
applicable, in accordance with GAAP, (ii) which has been bonded-off in a manner reasonably acceptable to the Administrative Agent,
(iii)&nbsp;consisting of restrictions on the use of real property, which restrictions do not materially detract from the value of
such property or impair the intended use thereof in the business of the Parent, the Borrower and its other Subsidiaries or (iv)
which could not reasonably be expected to have a Material Adverse Effect). Nothing in this Section shall impose any obligation or
liability whatsoever on the Administrative Agent or any Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.10.
Books and Records.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, and shall cause each Subsidiary to, maintain books and records pertaining to its respective business operations in such detail,
form and scope as is consistent with good business practice and in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.11.
Further Assurances.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall, at their cost and expense and upon request of the Administrative Agent, execute and deliver or cause to be executed and delivered,
to the Administrative Agent such further instruments, documents and certificates consistent with the existing terms and conditions of
the Loan Documents, and do and cause to be done such further acts that may be reasonably necessary or advisable in the reasonable opinion
of the Administrative Agent to carry out more effectively the provisions and purposes of this Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.12.
REIT Status.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent shall at all times
maintain its status as a REIT and election to be treated as a REIT under the Internal Revenue Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.13.
Exchange Listing.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent shall maintain
at least one class of common Equity Interest of the Parent having trading privileges on the New York Stock Exchange or the American Stock
Exchange or which is subject to price quotations on the over&#45;the&#45;counter market as reported by the National Association of Securities
Dealers Automated Quotation System.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.14.
Additional Guarantors.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to the Investment Grade Rating Date and within 30 days of any Person becoming a Material Subsidiary or an Accommodation Subsidiary after
the Effective Date, the Borrower shall deliver to the Administrative Agent each of the following items, each in form and substance satisfactory
to the Administrative Agent: (i)&nbsp;an Accession Agreement executed by such Subsidiary and (ii)&nbsp;the items with respect to such
Subsidiary that would have been delivered under Sections&nbsp;6.1.(a)(iv) through (viii), 6.1.(e) and 6.1.(f) if such Subsidiary had been
a Guarantor on the Effective Date; <U>provided</U>, <U>however</U>, promptly (and in any event within 30 days) upon any Excluded Subsidiary
that is a Material Subsidiary ceasing to be subject to the restriction which prevented it from delivering an Accession Agreement pursuant
to this Section, such Subsidiary shall comply with the provisions of this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
and at all times after the Investment Grade Rating Date, the Borrower shall cause any Subsidiary that is not already a Guarantor and to
which any of the following conditions applies to become a Guarantor by delivering to the Administrative Agent each of the following items,
each in form and substance satisfactory to the Administrative Agent: (i)&nbsp;an Accession Agreement executed by such Subsidiary and (ii)&nbsp;the
items with respect to such Subsidiary that would have been delivered under Sections&nbsp;6.1.(a)(iv) through (viii), 6.1.(e) and 6.1.(f)
if such Subsidiary had been a Guarantor on the Effective Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">such Subsidiary Guarantees, or otherwise becomes obligated in respect of, any Indebtedness of the Parent,
the Borrower or any other Subsidiary of the Parent or the Borrower; or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">(A) such Subsidiary owns an Unencumbered Property (including, for the avoidance of doubt, any Accommodation
Subsidiary) and (B) such Subsidiary, or any other Subsidiary that directly or indirectly owns any Equity Interests in such Subsidiary,
has incurred, acquired or suffered to exist any Indebtedness.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower may, at its option, cause any Subsidiary that is not already a Guarantor to become a Guarantor by delivering to the Administrative
Agent (i)&nbsp;an Accession Agreement executed by such Subsidiary and (ii)&nbsp;the items with respect to such Subsidiary that would have
been delivered under Sections&nbsp;6.1.(a)(iv) through (viii), 6.1.(e) and 6.1.(f) if such Subsidiary had been a Guarantor on the Effective
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.15.
Release of Guarantors.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower may request in
writing that the Administrative Agent release, and upon receipt of such request the Administrative Agent shall release (subject to the
terms of the Guaranty), a Guarantor (other than the Parent) from the Guaranty so long as: (i)&nbsp;either (A) the Investment Grade Rating
Date has occurred or (B) prior to an Investment Grade Rating Date, such Guarantor has ceased to be, or simultaneously with its release
from the Guaranty will cease to be, a Material Subsidiary; (ii)&nbsp;such Guarantor is not otherwise required to be a party to the Guaranty
under: (A) prior to the Investment Grade Rating Date, Section&nbsp;8.14.(a) or (B) on or after the Investment Grade Rating Date, Section
8.14.(b); (iii)&nbsp;no Default or Event of Default shall then be in existence or would occur as a result of such release, including without
limitation, a Default or Event of Default resulting from a violation of any of the covenants contained in Section&nbsp;10.1.; (iv)&nbsp;the
representations and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them
is a party, shall be true and correct on and as of the date of such release with the same force and effect as if made on and as of such
date except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations
and warranties shall have been true and accurate on and as of such earlier date) and except for changes in factual circumstances not prohibited
under the Loan Documents; and (v)&nbsp;the Administrative Agent shall have received such written request at least 10 Business Days (or
such shorter period as may be acceptable to the Administrative Agent) prior to the requested date of release. Delivery by the Borrower
to the Administrative Agent of any such request shall constitute a representation by the Borrower that the matters set forth in the preceding
sentence (both as of the date of the giving of such request and as of the date of the effectiveness of such request) are true and correct
with respect to such request. The Administrative Agent agrees to furnish to the Borrower, at the Borrower&#8217;s request and at the Borrower&#8217;s
sole cost and expense, any release, termination, or other agreement or document evidencing the foregoing release as may be reasonably
requested by the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>




<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.16.
Compliance with Anti-Corruption Laws; Beneficial Ownership Regulation, Anti-Money Laundering Laws and Sanctions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
will (a) maintain in effect and enforce policies and procedures reasonably designed to promote and achieve compliance by the Parent, the
Borrower, their respective Subsidiaries and their respective directors, officers, employees and agents with applicable Anti-Corruption
Laws, Anti-Money Laundering Laws and Sanctions, (b) notify the Administrative Agent and each Lender that previously received a Beneficial
Ownership Certification, if any, of any change in the information provided in the Beneficial Ownership Certification that would result
in a change to the list of beneficial owners identified therein and (c) promptly upon the reasonable request of the Administrative Agent
or any Lender, provide the Administrative Agent or such Lender, as the case may be, any information or documentation requested by it for
purposes of complying with the Beneficial Ownership Regulation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.17.
Additional Collateral / Release of Collateral.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If,
after the First Amendment Date and prior to the Security Release Date, the Parent, the Borrower or any of their Subsidiaries acquires
any Collateral, then, within thirty (30) days (or such later date as the Administrative Agent may agree) following the acquisition thereof,
the Borrower or the applicable Subsidiary shall take such actions as shall be reasonably required to grant to the Administrative Agent
for the benefit of the Lender Parties a first priority Lien in such Collateral including, (i) if the owner thereof is not a party to the
Pledge Agreement and or the Intercreditor Agreement, delivering a supplement to the Pledge Agreement and/or the Intercreditor Agreement
duly executed by such Person and a UCC financing statement with respect to such Person and (ii) taking such actions as may be required
pursuant to the Pledge Agreement including delivery of (x) any certificates evidencing the Equity Interest of any applicable Issuer, if
any, together with stock powers with respect thereto and (y) any UCC financing statement amendment as may be necessary with respect to
such additional Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower may request in writing that the Administrative Agent release, and promptly upon receipt of such request the Administrative Agent
shall release, its Lien in the Collateral if (i) the Security Release Date shall have occurred or (ii) any asset secured by a Lien is
sold (or effective simultaneously with such release, shall be sold) so long as: (A) such sale is permitted by the terms hereof and, if
applicable, the Borrower has complied (or, upon receipt of the proceeds of such sale) will comply with the terms of Section 2.8; (B) such
assets are no longer required to be pledged as Collateral under the terms hereof; (C) no Default or Event of Default shall then be in
existence or would occur as a result of such release, including without limitation and, to the extent then applicable, a Default or Event
of Default resulting from a violation of any of the covenants contained in Section 10.1 after the Covenant Relief Period; and (D) the
Administrative Agent shall have received such written request at least five (5) Business Days (or such shorter period as may be acceptable
to the Administrative Agent in its sole discretion) prior to the requested date of release. Delivery by the Borrower to the Administrative
Agent of any such request shall constitute a representation by the Borrower that the matters set forth in the preceding sentence (both
as of the date of the giving of such request and as of the date of the effectiveness of such request) are true and correct with respect
to such request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;8.18.
Article 8 Securities.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding any
other provision contained in this Agreement or any other Loan Document, the Parent and the Borrower hereby covenant and agree with
the Administrative Agent and the Lenders that from and after the date of this Agreement until the earlier of (a) the date this
Agreement shall terminate in accordance with Section 13.10 or (b) the Security Release Date: (i) it will take no action (nor permit
any Subsidiary to take any action) of any nature whatsoever for any of the Equity Interests in any Issuer to be treated as
 &#8220;securities&#8221; within the meaning of, or governed by, Article 8 of the UCC; (ii) it will take no action (nor permit any
Subsidiary to take any action) of any nature whatsoever to enter into, acknowledge or agree to a securities control agreement with
respect to the Equity Interests of Issuer; and (iii) it will not (nor permit any Subsidiary to) consent to or permit the filing of
financing statements with respect to Equity Interests in any Issuer except for financing statements filed by the Administrative
Agent pursuant to the Pledge Agreement and U.S. Bank National Association pursuant to the Pledge Agreement (as defined in the
Existing Term Loan Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Article IX. Information</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For so long as this Agreement
is in effect, unless the appropriate Lenders shall otherwise consent in the manner set forth in Section&nbsp;13.6., the Borrower shall
furnish to the Administrative Agent for distribution to each of the Lenders:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.1.
Quarterly Financial Statements.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">As soon as available and in
any event within 5 days after the same is required to be filed with the Securities and Exchange Commission (but in no event later than
45 days after the end of each of the first, second and third fiscal quarters of the Parent) commencing with the fiscal quarter ending
June 30, 2019, the unaudited consolidated balance sheet of the Parent and its Subsidiaries as at the end of such period and the related
unaudited consolidated statements of income and cash flows of the Parent and its Subsidiaries for such period, setting forth in each case
in comparative form the figures as of the end of and for the corresponding periods of the previous fiscal year, all of which shall be
certified by the chief financial officer or chief accounting officer of the Parent, in his or her opinion, to present fairly, in accordance
with GAAP and in all material respects, the consolidated financial position of the Parent and its Subsidiaries as at the date thereof
and the results of operations for such period (subject to normal year&#45;end audit adjustments); provided, however, the Parent shall
not be required to deliver an item required under this Section if such item is contained in a Form 10-Q filed by the Parent with the Securities
and Exchange Commission (or any Governmental Authority substituted therefore) and is publicly available to the Administrative Agent and
the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.2.
Year&#45;End Statements.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">As soon as available and in
any event within 5 days after the same is required to be filed with the Securities and Exchange Commission (but in no event later than
120 days after the end of each fiscal year of the Parent), the audited consolidated balance sheet of the Parent and its Subsidiaries as
at the end of such fiscal year and the related audited consolidated statements of income, shareholders&#8217; equity and cash flows of
the Parent and its Subsidiaries for such fiscal year, setting forth in comparative form the figures as at the end of and for the previous
fiscal year, all of which shall be (a)&nbsp;certified by the chief financial officer or chief accounting officer of the Parent, in his
or her opinion, to present fairly, in accordance with GAAP and in all material respects, the consolidated financial position of the Parent,
the Borrower and its other Subsidiaries as at the date thereof and the results of operations for such period and (b)&nbsp;accompanied
by the report thereon of an Approved Accounting Firm, whose certificate shall be unqualified and in scope and substance reasonably satisfactory
to the Administrative Agent and who shall have authorized the Borrower to deliver such financial statements and certification thereof
to the Administrative Agent and the Lenders pursuant to this Agreement; provided, however, the Parent shall not be required to deliver
an item required under this Section if such item is contained in a Form 10-K filed by the Parent with the Securities and Exchange Commission
(or any Governmental Authority substituted therefore) and is publicly available to the Administrative Agent and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.3.
Compliance Certificate.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">At the time financial statements
are furnished pursuant to Sections&nbsp;9.1. and 9.2., and if the Requisite Lenders reasonably believe that an Event of Default specified
in any of Sections 11.1.(a), 11.1.(b), 11.1.(c)(1) resulting from noncompliance with Section&nbsp;10.1., and 11.1.(f) or a Default specified
in Section 11.1.(g) may occur, then within 10 days of the Administrative Agent&#8217;s request with respect to any other fiscal period,
a certificate substantially in the form of Exhibit&nbsp;K (a &#8220;Compliance Certificate&#8221;) executed by the chief financial officer
or chief accounting officer of the Parent, among other things, (a)&nbsp;setting forth in reasonable detail as of the end of such quarterly
accounting period, fiscal year, or other fiscal period, as the case may be, the calculations required to establish whether the Borrower
was in compliance with the covenants contained in Sections&nbsp;10.1. and 10.2.; and (b)&nbsp;stating that, to the best of his or her
knowledge, information and belief after due inquiry, no Default, Event of Default or breach of any covenant under this Agreement exists,
or, if such is not the case, specifying such Default or Event of Default and its nature, when it occurred, whether it is continuing and
the steps being taken by the Borrower with respect to such event, condition or failure. Together with the delivery of each Compliance
Certificate, the Borrower shall deliver (A)&nbsp;a list of all Persons that have become a Material Subsidiary or a Significant Subsidiary
since the date of the Compliance Certificate most recently delivered by the Borrower hereunder and (B) a report of newly acquired Properties,
including each such property&#8217;s name, address, number of keys, Net Operating Income for the period of four consecutive fiscal quarters
most recently ending, the purchase price, and the principal amount of the mortgage debt as of the date of such Compliance Certificate,
if any, since the date of the Compliance Certificate most recently delivered by the Borrower hereunder. During the Covenant Relief Period,
the Parent and Borrower shall continue to provide the calculations set forth in the Compliance Certificate (but not certification as to
the compliance therewith). Additionally, concurrently with the Compliance Certificates required during the Ratio Adjustment Period (or
any other period after the Covenant Relief Period during which certain covenants are annualized), the Borrower and the Parent shall provide
Administrative Agent (for informational purposes only) its calculation of the financial tests set forth in Section 10.1 based on a trailing-twelve
month calculation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">During the Covenant Relief
Period, the Borrower and the Parent shall also deliver a supplemental compliance certificate within ten (10) days following the end of
each calendar month certifying as to the calculation of and compliance with the Average Daily Liquidity covenant set forth in Section
10.1.(g).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.4.
Other Information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Management Reports</U>. Promptly upon receipt thereof, copies of all reports, if any, submitted to the Parent or its Board of
Directors by its independent public accountants, including without limitation, any management report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Securities Filings</U>. Within 5&nbsp;Business Days of the filing thereof, copies of all registration statements (excluding
the exhibits thereto (unless reasonably requested by the Administrative Agent) and any registration statements on Form S&#45;8 or its
equivalent), reports on Forms 10&#45;K, 10&#45;Q and 8&#45;K (or their equivalents) and all other periodic reports which the Parent, the
Borrower, any other Loan Party or any other Subsidiary shall file with the Securities and Exchange Commission (or any Governmental Authority
substituted therefor) or any national securities exchange. The materials described in this subsection shall be deemed to have been delivered
to each Lender if same are contained in a filing by the Parent with the SEC and is publicly available to the Administrative Agent and
the Lenders, or if same are otherwise available on Parent&#8217;s website without charge;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U>Shareholder
Information</U>. Promptly upon the mailing thereof to the shareholders of the Parent generally, copies of all financial statements,
reports and proxy statements so mailed. The materials described in this subsection shall be deemed to have been delivered to each
Lender if same are contained in a filing by the Parent with the Securities and Exchange Commission (or any Governmental Authority
substituted therefor) and is publicly available to the Administrative Agent and the Lenders, or if same are otherwise available on
Parent&#8217;s website;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Partnership Information</U>. To the extent not delivered in connection with clause (c) above, promptly upon the mailing thereof
to the partners of the Borrower generally, copies of all financial statements, reports and proxy statements so mailed;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>[reserved]</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Litigation</U>. To the extent the Parent, the Borrower, any other Loan Party or any other Subsidiary is aware of the same, prompt
notice of the commencement of any proceeding or investigation by or before any Governmental Authority and any action or proceeding in
any court or other tribunal or before any arbitrator against or in any other way relating adversely to, or adversely affecting, such Person
or any of its respective properties, assets or businesses which could reasonably be expected to have a Material Adverse Effect, and prompt
notice of the receipt of notice that any United States income tax returns of the Parent, the Borrower, any other Loan Party or any other
Subsidiary are being audited;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Change of Management or Financial Condition</U>. Prompt notice of any change in the senior management of the Parent or the Borrower
and any change in the business, assets, liabilities, financial condition or results of operations of the Parent, the Borrower, any other
Loan Party or any other Subsidiary which has had, or could reasonably be expected to have, a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Default</U>. Notice of the occurrence of any of the following promptly upon a Responsible Officer of the Parent obtaining knowledge
thereof: (i) any Default or Event of Default, (ii) any event which with the passage of time, the giving of notice, or otherwise, would
permit any party to a Material Contract to terminate such Material Contract, (iii) any event which constitutes or which with the passage
of time, the giving of notice, or otherwise, would constitute a default or event of default by the Parent, the Borrower, any other Loan
Party or any other Subsidiary under the Existing Term Loan Agreement or (iv) any material amendment to the Existing Term Loan Agreement
or the terms of the Existing Term Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Judgments</U>. Prompt notice of any order, judgment or decree in excess of $7,500,000 having been entered against the Parent,
the Borrower, any other Loan Party or any other Subsidiary or any of their respective properties or assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Notice of Violation of Law</U>. Prompt notice if the Parent, the Borrower or any other Subsidiary shall receive any notification
from any Governmental Authority alleging a violation of any Applicable Law or any inquiry which, in either case, could reasonably be expected
to have a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(k)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Material Contracts</U>. Promptly upon entering into any Material Contract after the Agreement Date (other than a Material Contract
evidencing Indebtedness), a copy to the Administrative Agent of such Material Contract unless such Material Contract is otherwise publicly
available to the Administrative Agent in a Form 10&#45;K, 10&#45;Q and/or 8&#45;K (or their equivalents) or any other periodic report
which the Parent, the Borrower, or any other Subsidiary files with the Securities and Exchange Commission; provided, that the Borrower
shall not be required to deliver to the Administrative Agent a copy of any Material Contract that contains a confidentiality provision
prohibiting such disclosure; provided further that the Borrower shall use its commercially reasonable efforts to obtain the other party&#8217;s
consent to disclose such Material Contract to the Administrative Agent and the Lenders;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(l)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> <U>ERISA</U>. If <FONT STYLE="color: Black">any ERISA Event shall occur that individually, or together with any other ERISA Event
that has occurred, could reasonably be expected to result in liability to any member of the ERISA Group aggregating in excess of $10,000,000,
a certificate of the chief executive officer or chief financial officer of the Parent settin</FONT>g forth details as to such occurrence
and the action, if any, which the Parent or applicable member of the ERISA Group is required or proposes to take;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(m)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Material/Significant Subsidiary</U>. Prompt notice of any Person becoming a Material Subsidiary or a Significant Subsidiary
or, after the First Amendment Date and prior to the Security Release Date, an Issuer;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(n)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Material Asset Sales</U>. Prompt notice of the sale, transfer or other disposition of any assets having an undepreciated book
value of at least $45,000,000 of the Parent, the Borrower, any Subsidiary or any other Loan Party to any Person other than the Parent,
the Borrower, any Subsidiary or any other Loan Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(o)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Ownership Share of Subsidiaries and Unconsolidated Affiliates</U>. Promptly upon the request of the Administrative Agent, evidence
of the Parent&#8217;s calculation of the Ownership Share with respect to a Subsidiary or an Unconsolidated Affiliate, such evidence to
be in form and detail satisfactory to the Administrative Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(p)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Projections and Budgets</U>. Within ninety (90) days after the end of each calendar year ending prior to the Termination Date,
a schedule summarizing the gross operating revenues, gross operating expenses, Net Operating Income, FF&amp;E Reserves and Adjusted NOI,
along with the average daily rate, occupancy levels and revenue per available room on an individual basis for each Unencumbered Property;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(q)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>PATRIOT Act Information</U>. Promptly upon the request thereof, such other information and documentation required under applicable
 &#8220;know your customer&#8221; rules and regulations, the PATRIOT Act or any applicable Anti-Money Laundering Laws, in each case as
from time to time reasonably requested by the Administrative Agent or any Lender; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(r)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Other Information</U>. From time to time and promptly upon each request, such data, certificates, reports, statements, opinions
of counsel, documents or further information regarding any Property or the business, assets, liabilities, financial condition, results
of operations or business prospects of the Parent, the Borrower, any other Loan Party or any other Subsidiary as the Administrative Agent
or any Lender may reasonably request (subject to limitations imposed under confidentiality requirements and agreements to which the Parent,
Borrower or a Subsidiary is subject).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.5.
Electronic Delivery of Certain Information.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Documents
required to be delivered pursuant to the Loan Documents shall be delivered by electronic communication and delivery, including, the
Internet, e-mail or intranet websites to which the Administrative Agent and each Lender have access (including a commercial,
third-party website or a website sponsored or hosted by the Administrative Agent or the Borrower) provided that the foregoing shall
not apply to (i)&nbsp;notices to any Lender (or any Issuing Bank) pursuant to Article II. and (ii) any Lender that has notified the
Administrative Agent and the Borrower that it cannot or does not want to receive electronic communications. The Administrative Agent
or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic delivery
pursuant to procedures approved by it for all or particular notices or communications. Documents or notices delivered electronically
shall be deemed to have been delivered twenty-four (24) hours after the date and time on which the Administrative Agent or the
Borrower posts such documents or the documents become available on a commercial website and the Administrative Agent or Borrower
notifies each Lender of said posting and provides a link thereto provided if such notice or other communication is not sent or
posted during the normal business hours of the recipient, said posting date and time shall be deemed to have commenced as of 9:00
a.m. Pacific time on the opening of business on the next business day for the recipient. The Administrative Agent shall have no
obligation to request the delivery of or to maintain paper copies of the documents delivered electronically, and in any event shall
have no responsibility to monitor compliance by the Borrower with any such request for delivery. Each Lender shall be solely
responsible for requesting delivery to it of paper copies and maintaining its paper or electronic documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Documents
required to be delivered pursuant to Article II. may be delivered electronically to a website provided for such purpose by the Administrative
Agent pursuant to the procedures provided to the Borrower by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.6.
Public/Private Information.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower shall cooperate
with the Administrative Agent in connection with the publication of certain materials and/or information provided by or on behalf of the
Borrower. Documents required to be delivered pursuant to the Loan Documents shall be delivered by or on behalf of the Borrower to the
Administrative Agent and the Lenders (collectively, &#8220;Information Materials&#8221;) pursuant to this Article and the Borrower shall
designate Information Materials (a) that are either available to the public or not material with respect to the Borrower and its Subsidiaries
or any of their respective securities for purposes of United States federal and state securities laws, as &#8220;Public Information&#8221;
and (b) that are not Public Information as &#8220;Private Information&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;9.7.
USA Patriot Act Notice; Compliance.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent and
each Lender hereby notifies the Borrower that pursuant to the requirements of the PATRIOT Act, the Beneficial Ownership Regulation or
any other Anti-Money Laundering Laws, each of them is required to obtain, verify and record information that identifies each Loan Party,
which information includes the name and address of each Loan Party and other information that will allow such Lender to identify each
Loan Party in accordance with the PATRIOT Act, the Beneficial Ownership Regulation or such Anti-Money Laundering Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Article X. Negative Covenants</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For so long as this Agreement
is in effect, unless the appropriate Lenders shall otherwise consent in the manner set forth in Section&nbsp;13.6., the Parent and the
Borrower shall comply with the following covenants in accordance with their respective terms:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.1.
Financial Covenants.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U>Maximum
Leverage Ratio</U>. The Parent and the Borrower shall not permit the Leverage Ratio to exceed 60.0% at any time; <U>provided</U>, <U>however</U>,
that (I) notwithstanding the foregoing if the Covenant Relief Period ends pursuant to clause (ii) of the definition thereof, during
the Ratio Adjustment Period, the Leverage Ratio may exceed 60.0% but shall not exceed 65.0% at any time and (II) after the Ratio
Adjustment Period, the Borrower shall have the option, exercisable two times, upon written notice from the Borrower to the
Administrative Agent that the Borrower is exercising such option, to elect that the Leverage Ratio may exceed 60.0% for a period not
to exceed two (2) full fiscal quarters, such period to commence on the date set forth in such notice (such period, the
 &#8220;Leverage Ratio Surge Period&#8221;), so long as (i)&nbsp;the Borrower has delivered a written notice to the Administrative
Agent that the Borrower is exercising its option under this subsection&nbsp;(a), (ii)&nbsp;the Leverage Ratio does not exceed 65.0%
at any time during the Leverage Ratio Surge Period and (iii) a Leverage Surge Period was not in effect for the fiscal quarter
immediately preceding the Borrower&#8217;s election. The Borrower shall have the option to exercise both a Leverage Ratio Surge
Period and an Unencumbered Leverage Surge Period in the same notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Minimum Fixed Charge Coverage Ratio</U>. The Parent and the Borrower shall not at any time permit the ratio of (i)&nbsp;Adjusted
EBITDA of the Parent and its Subsidiaries for the period of twelve consecutive fiscal months most recently ending to (ii)&nbsp;Fixed Charges
for such period, to be less than 1.50 to 1.00; <U>provided</U>, <U>however</U>, that, notwithstanding the foregoing, if the Covenant Relief
Period ends pursuant to clause (ii) of the definition thereof, during the first three quarters ending during Ratio Adjustment Period,
the ratio set forth in this Section 10.1.(b) may be less than 1.50 to 1.00 but shall not be less than (I) 1.00 to 1.00 for the first period
ending during the Ratio Adjustment Period, (II) 1.20 to 1.00 for the second period ending during the Ratio Adjustment Period, and (III)
1.40 to 1.00 for the third period ending during the Ratio Adjustment Period, in each case, to the extent applicable. Notwithstanding the
foregoing, Adjusted EBITDA and Fixed Charges shall be calculated for any date of determination during any period (A) during the First
Post Covenant Relief Period, by multiplying (x) the Adjusted EBITDA and Fixed Charges for (1) if calculating prior to the last day of
the First Post Covenant Relief Period, the fiscal quarter ended immediately prior to the commencement of the First Post Covenant Relief
Period or (2) if calculating on the last day of the First Post Covenant Relief Period, the fiscal quarter period ending on such date by
(y) 4, (B) during the Second Post Covenant Relief Period, by multiplying (x) the Adjusted EBITDA and Fixed Charges for (1) if calculating
prior to the last day of the Second Post Covenant Relief Period, the two fiscal quarters ending immediately prior to the commencement
of the Second Post Covenant Relief Period or (2) if calculating on the last day of the Second Post Covenant Relief Period, the fiscal
quarter ending on such date and the immediately preceding fiscal quarter by (y) 2, and (C) during the Third Post Covenant Relief Period,
by multiplying (x) the Adjusted EBITDA and Fixed Charges for (1) if calculating prior to the last day of the Third Post Covenant Relief
Period, the three fiscal quarters ending immediately prior to the commencement of the Third Post Covenant Relief Period or (2) if calculating
on the last day of the Third Post Covenant Relief Period, the fiscal quarter ending on such date and the immediately prior two fiscal
quarters by (y) 4/3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Secured Indebtedness</U>. The Parent and the Borrower shall not permit the aggregate amount of Secured Indebtedness of the Parent
and its Subsidiaries determined on a consolidated basis to exceed 45% of Total Asset Value at any time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Adjusted Total Asset Value</U>. Prior to the Investment Grade Rating Date, the Parent and the Borrower shall not permit the
amount of Adjusted Total Asset Value attributable to assets directly owned by the Borrower and the Guarantors to be less than 90.0% of
Adjusted Total Asset Value at any time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U>Unencumbered
Leverage Ratio</U>. The Parent and the Borrower shall not permit the Unencumbered Leverage Ratio to exceed 60.0% at any time; <U>provided</U>, <U>however</U>,
that (I) notwithstanding the foregoing if the Covenant Relief Period ends pursuant to clause (ii) of the definition thereof, during
the Ratio Adjustment Period, the Unencumbered Leverage Ratio may exceed 60.0% but shall not exceed 65.0% at any time and (II) after
the Ratio Adjustment Period, the Borrower shall have the option, exercisable two times, upon written notice from the Borrower to the
Administrative Agent that the Borrower is exercising such option, to elect that the Unencumbered Leverage Ratio may exceed 60.0% for
a period not to exceed two (2) full fiscal quarters, such period to commence on the date set forth in such notice (such period, the
 &#8220;Unencumbered Leverage Ratio Surge Period&#8221;), so long as (i)&nbsp;the Borrower has delivered a written notice to the
Administrative Agent that the Borrower is exercising its option under this subsection&nbsp;(a), (ii)&nbsp;the Unencumbered Leverage
Ratio does not exceed 65.0% at any time during the Unencumbered Leverage Ratio Surge Period, (iii) the Borrower completed a Material
Acquisition which resulted in such ratio (after giving effect to such Material Acquisition) exceeding 60% at any time during the
fiscal quarter in which such Material Acquisition took place, and (iv) an Unencumbered Leverage Surge Period was not in effect for
the fiscal quarter immediately preceding the Borrower&#8217;s election. The Borrower shall have the option to exercise both an
Unencumbered Leverage Ratio Surge Period and a Leverage Ratio Surge Period in the same notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Unencumbered Implied Debt Service Coverage Ratio</U>. The Parent and the Borrower shall not at any time permit the ratio of
(i)&nbsp;Adjusted NOI for Unencumbered Properties for the period of twelve consecutive fiscal months most recently ending to (ii)&nbsp;Implied
Debt Service for the aggregate principal balance of all Indebtedness (excluding Nonrecourse Indebtedness and Indebtedness to the extent
owing among the Parent and/or any of its Subsidiaries but including Secured Recourse Indebtedness, the aggregate principal amount of all
Loans and the aggregate amount of all Letter of Credit Liabilities and the Existing Term Loans) of the Parent and the Ownership share
of all such Indebtedness of its Subsidiaries for such period, to be less than 1.20 to 1.00; <U>provided</U>, <U>however</U>, that, notwithstanding
the foregoing, if the Covenant Relief Period ends pursuant to clause (ii) of the definition thereof, during the Ratio Adjustment Period,
the ratio set forth in this Section 10.1.(f) may be less than 1.20 to 1.00 but shall not be less than 1.00 to 1.00. Notwithstanding the
foregoing, Adjusted NOI for Unencumbered Properties shall be calculated for any date of determination during any period (A) during the
First Post Covenant Relief Period, by multiplying (x) Adjusted NOI for (1) if calculating prior to the last day of the First Post Covenant
Relief Period, the fiscal quarter ended immediately prior to the commencement of the First Post Covenant Relief Period or (2) if calculating
on the last day of the First Post Covenant Relief Period, the fiscal quarter period ending on such date by (y) 4, (B) during the Second
Post Covenant Relief Period, by multiplying (x) Adjusted NOI for (1) if calculating prior to the last day of the Second Post Covenant
Relief Period, the two fiscal quarters ending immediately prior to the commencement of the Second Post Covenant Relief Period or (2) if
calculating on the last day of the Second Post Covenant Relief Period, the fiscal quarter ending on such date and the immediately preceding
fiscal quarter by (y) 2, and (C) during the Third Post Covenant Relief Period, by multiplying (x) Adjusted NOI for (1) if calculating
prior to the last day of the Third Post Covenant Relief Period, the three fiscal quarters ending immediately prior to the commencement
of the Third Post Covenant Relief Period or (2) if calculating on the last day of the Third Post Covenant Relief Period, the fiscal quarter
ending on such date and the immediately preceding two fiscal quarters by (y) 4/3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Liquidity</U>. At all times during the Covenant Relief Period and the Ratio Adjustment Period, the Borrower and its Subsidiaries
shall maintain an Average Daily Liquidity of not less than $125,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding the foregoing or Section&nbsp;11.1.(c)(i),
(x) after the Security Release Date, the Parent and the Borrower shall not be required to comply with the financial covenants contained
in Section 10.1.(a), Section 10.1.(b), Section 10.1.(c) or Section 10.1.(d) during any fiscal quarter in which no Loans and no Letters
of Credit Liabilities are outstanding; provided, that the Borrower must be in compliance with such financial covenants as a condition
to the making of a Loan or the issuance of a Letter of Credit as provided in Section 6.2. and (y) during the Covenant Relief Period, the
Parent shall not be required to comply with the Financial Covenants described in clauses (a) &#8211; (f) and neither the Leverage Ratio
Surge Period nor the Unencumbered Leverage Ratio Surge Period shall be deemed to be utilized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.2.
Restricted Payments.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Subject to the following
sentence, if an Event of Default exists, the Parent shall not, and shall not permit any of its Subsidiaries to, declare or make any
Restricted Payments except that, subject to the following sentence, (x) the Borrower may declare and make cash distributions to the
Parent and other holders of partnership interests in the Borrower, and the Parent may declare and make cash distributions to its
shareholders, each, in an aggregate amount not to exceed the minimum amount necessary for the Parent to remain in compliance with <FONT STYLE="font-size: 10pt">Section&nbsp;8.12.
and (y) Subsidiaries may pay Restricted Payments to the Parent, the Borrower or any other Subsidiary. If an Event of Default
specified in Section&nbsp;11.1.(a), Section&nbsp;11.1.(f) or Section&nbsp;11.1.(g) shall exist, or if as a result of the occurrence
of any other Event of Default any of the Obligations have been accelerated pursuant to Section&nbsp;11.2.(a), the Parent and the
Borrower shall not, and shall not permit any Subsidiary to, make any Restricted Payments to any Person except that Subsidiaries may
pay Restricted Payments to the Parent, the Borrower or any other Subsidiary.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;10.3. Indebtedness.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any Subsidiary to, incur, assume, or otherwise become obligated in respect of any Indebtedness after the
Agreement Date if immediately prior to the assumption, incurring or becoming obligated in respect thereof, or immediately thereafter and
after giving effect thereto, a Default or Event of Default is or would be in existence, including without limitation, an Event of Default
resulting from a violation of any of the covenants contained in Section&nbsp;10.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section&nbsp;10.4. Intentionally Omitted.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.5.
Investments Generally.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to, directly or indirectly, acquire, make or purchase any
Investment, or permit any Investment of such Person to be outstanding on and after the Agreement Date, other than the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments
in Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments
to acquire Equity Interests of a Subsidiary or any other Person who after giving effect to such acquisition would be a Subsidiary, so
long as in each case immediately prior to such Investment, and after giving effect thereto, no Default or Event of Default is or would
be in existence;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments
in Unconsolidated Affiliates and other Persons that are not Subsidiaries, Development/Redevelopment Properties, Unimproved Land and Mortgage
Receivables;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments
in Cash Equivalents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;intercompany
Indebtedness among (i) the Parent and the Borrower and (ii) the Borrower and its Wholly Owned Subsidiaries provided that such Indebtedness
is permitted by the terms of Section&nbsp;10.3.;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guarantees
incurred by the Borrower or any Guarantor in respect of Unsecured Indebtedness of the Borrower, the Parent or any other Guarantor that
is otherwise permitted by Section&nbsp;10.3.;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;loans
and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business consistent with
past practices; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
other Investment as long as immediately prior to making such Investment, and immediately thereafter and after giving effect thereto, no
Default or Event of Default is or would be in existence.</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.6.
Negative Pledge.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, create, assume, or incur any
Lien (other than Permitted Liens, prior to a Frenchman&#8217;s Reef Property becoming an Unencumbered Property, claims of materialmen,
mechanics, carriers, or warehousemen for labor, materials, supplies incurred in the ordinary course of business which relate to claims
against such Frenchman&#8217;s Reef Property and Liens on assets of an Excluded Subsidiary securing the Indebtedness which causes such
Subsidiary to be an Excluded Subsidiary) upon any of its properties, assets, income or profits of any character whether now owned or hereafter
acquired if immediately prior to the creation, assumption or incurring of such Lien, or immediately thereafter, a Default or Event of
Default is or would be in existence. In addition to, and not in limitation of the foregoing, prior to the Security Release Date, the Parent
and the Borrower shall not, and shall not permit any other Loan Party to, create, assume or incur any Lien in the Collateral or the Equity
Interests of any Issuer whether or not Collateral other than tax liens which constitute Permitted Liens of the type described in clause
(a) of the definition thereof and Permitted Liens of the type described in clauses (e) and (l) of the definition thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary (other than an Excluded Subsidiary)
to, enter into, assume or otherwise be bound by any Negative Pledge except for a Negative Pledge contained in any agreement (i)(x)&nbsp;evidencing
Indebtedness which the Parent, the Borrower, such other Loan Party or such Subsidiary may create, incur, assume, or permit or suffer to
exist under Section&nbsp;10.3., (y)&nbsp;which Indebtedness is secured by a Lien permitted to exist, and (z)&nbsp;which prohibits the
creation of any other Lien on only the property securing such Indebtedness as of the date such agreement was entered into; (ii)&nbsp;consisting
of customary provisions in leases and other contracts restricting the assignment thereof; (iii) relating to the sale of a Subsidiary or
assets pending such sale, provided that in any such case the Negative Pledge applies only to the Subsidiary or the assets that are the
subject of such sale; or (iv) that evidences Unsecured Indebtedness which contains restrictions on encumbering assets that are substantially
similar to, or less restrictive than, those restrictions contained in the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary (other than an Excluded
Subsidiary) to, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any
kind on the ability of any Subsidiary (other than an Excluded Subsidiary) to: (i)&nbsp;pay dividends or make any other distribution
on any of such Subsidiary&#8217;s capital stock or other equity interests owned by the Borrower or any Subsidiary; (ii)&nbsp;pay any
Indebtedness owed to the Parent, the Borrower or any other Subsidiary; (iii)&nbsp;make loans or advances to the Parent, the Borrower
or any other Subsidiary; or (iv)&nbsp;transfer any of its property or assets to the Parent, the Borrower or any other Subsidiary,
except for any such encumbrances or restrictions, (A)&nbsp;contained in agreements relating to the sale of a Subsidiary or assets
pending such sale, or relating to Indebtedness secured by a Lien on assets that the Borrower or such Subsidiary may create, incur,
assume, or permit or suffer to exist under Sections 10.3. and 10.6.(a), provided that in any such case the encumbrances and
restrictions apply only to the Subsidiary or the assets that are the subject of such sale or Lien, as the case may be, (B)&nbsp;set
forth in the organizational documents or other agreements binding on or applicable to any Excluded Subsidiary or any Subsidiary that
is not a Wholly Owned Subsidiary (but only to the extent such encumbrance or restriction covers any Equity Interest in such
Subsidiary or the property or assets of such Subsidiary), (C)&nbsp;contained in an agreement that governs an Investment in an
Unconsolidated Affiliate (but only to the extent such encumbrance or restriction covers any Equity Interest in such Unconsolidated
Affiliate) or (D) in any other agreement (1) evidencing Unsecured Indebtedness that the Borrower, any other Loan Party or any other
Subsidiary may create, incur, assume or permit or suffer to exist under this Agreement and (2) containing encumbrances and
restrictions imposed in connection with such Unsecured Indebtedness that are either substantially similar to, or less restrictive
than, such encumbrances and restrictions set forth in the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.7.
Merger, Consolidation, Sales of Assets and Other Arrangements.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to: (i)&nbsp;enter into any transaction of merger or consolidation;
(ii)&nbsp;liquidate, windup or dissolve itself (or suffer any liquidation or dissolution); or (iii)&nbsp;convey, sell, lease, sublease,
transfer or otherwise dispose of, in one transaction or a series of transactions, all or any substantial part of its business or assets,
or the capital stock of or other Equity Interests in any of its Subsidiaries, whether now owned or hereafter acquired; provided, however,
that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
of the actions described in the immediately preceding clauses&nbsp;(i) through (iii) may be taken with respect to any Subsidiary so long
as (x)&nbsp;immediately prior to the taking of such action, and immediately thereafter and after giving effect thereto, no Default or
Event of Default is or would be in existence, and (y)&nbsp;if such action includes the sale of all Equity Interests in a Subsidiary that
is a Guarantor owned directly or indirectly by the Parent, such Subsidiary can and will be released from the Guaranty in accordance with
Section&nbsp;8.15;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Parent, the Borrower, the other Loan Parties and the other Subsidiaries may lease and sublease their respective assets, as lessor or sublessor
(as the case may be), in the ordinary course of their business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
Person may merge with a Loan Party so long as (i)&nbsp;the survivor of such merger is such Loan Party or becomes a Loan Party at the time
of such merger (provided, that the foregoing shall not be construed to allow the Parent or the Borrower to merge and not be the surviving
party to such merger without the prior written consent of the Administrative Agent and each Lender in accordance with Section 13.5.(a)),
(ii)&nbsp;immediately prior to such merger, and immediately thereafter and after giving effect thereto, (x)&nbsp;no Default or Event of
Default is or would be in existence, including, without limitation, a Default or Event of Default resulting from a breach of Section&nbsp;10.1.
and (y)&nbsp;the representations and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to
which any of them is a party are and shall be true and correct in all material respects, except to the extent that such representations
and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have been true and
correct in all material respects on and as of such earlier date) and except for changes in factual circumstances not prohibited under
the Loan Documents, (iii)&nbsp;the Borrower shall have given the Administrative Agent at least 30-days&#8217; prior written notice of
such merger, such notice to include a certification as to the matters described in the immediately preceding clause&nbsp;(ii) (except
that such prior notice shall not be required in the case of the merger of a Subsidiary that does not own an Unencumbered Property with
and into a Loan Party but the Borrower shall give the Administrative Agent notice of any such merger promptly following the effectiveness
of such merger) and (iv)&nbsp;at the time the Borrower gives notice pursuant to clause&nbsp;(i) of this subsection, the Borrower shall
have delivered to the Administrative Agent for distribution to each of the Lenders a Compliance Certificate, calculated on a pro forma
basis, evidencing the continued compliance by the Loan Parties, as applicable, with the terms and conditions of this Agreement and the
other Loan Documents, including without limitation, the financial covenants contained in Section&nbsp;10.1., after giving effect to such
consolidation, merger, acquisition, Investment, sale, lease or other transfer and any prepayment of Loans to be made in connection therewith;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Parent, the Borrower and each other Subsidiary may sell, transfer or dispose of assets among themselves.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Further, no Loan Party nor any Subsidiary, shall
enter into any sale&#45;leaseback transactions or other transaction by which such Person shall remain liable as lessee (or the economic
equivalent thereof) of any real or personal property that it has sold or leased to another Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.8.
Fiscal Year.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent shall not change
its fiscal year from that in effect as of the Agreement Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.9.
Modifications of Material Contracts.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not enter into, and shall not permit any Subsidiary or other Loan Party to enter into, any amendment or modification to any Material
Contract which could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.10.
Modifications of Organizational Documents.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to, amend, supplement, restate or otherwise modify its certificate
or articles of incorporation or formation, by-laws, operating agreement, declaration of trust, partnership agreement or other applicable
organizational document if such amendment, supplement, restatement or other modification (a)&nbsp;is materially adverse to the interest
of the Administrative Agent, the Issuing Banks or the Lenders or (b)&nbsp;could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.11.
Transactions with Affiliates.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not permit to exist or enter into, and shall not permit any other Loan Party or any other Subsidiary to permit to exist or enter
into, any transaction (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate
(other than the Parent, the Borrower, any other Loan Party or any Wholly Owned Subsidiary), except transactions pursuant to the reasonable
requirements of the business of the Parent, the Borrower, such other Loan Party or such other Subsidiary and upon fair and reasonable
terms which are no less favorable to the Parent, the Borrower, such other Loan Party or such other Subsidiary, as applicable, than would
be obtained in a comparable arm&#8217;s length transaction with a Person that is not an Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.12.
ERISA Exemptions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed
to be &#8220;plan assets&#8221; within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.
The Parent and the Borrower shall not cause or permit to occur, and shall not permit any other member of the ERISA Group to cause or permit
to occur, any ERISA Event if such ERISA Event could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.13.
Environmental Matters.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the
Borrower shall not, and shall not permit any other Loan Party, any other Subsidiary or any other Person to, use, generate,
discharge, emit, manufacture, handle, process, store, release, transport, remove, dispose of or clean up any Hazardous Materials on,
under or from the Properties in violation of any Environmental Law or in a manner that could reasonably be expected to lead to any
Environmental Claim or pose a risk to human health or the environment which, in the case of any of the foregoing, could reasonably
be expected to have a Material Adverse Effect. Nothing in this Section shall impose any obligation or liability whatsoever on the
Administrative Agent or any Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.14.
Derivatives Contracts.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Parent and the Borrower
shall not, and shall not permit any other Loan Party or any other Subsidiary to, enter into or become obligated in respect of, Derivatives
Contracts, other than Derivatives Contracts entered into by the Parent, the Borrower, any such Loan Party or any such Subsidiary in the
ordinary course of business and which establish an effective hedge in respect of liabilities, commitments or assets held or reasonably
anticipated by the Parent, the Borrower, such other Loan Party or such other Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;10.15.
Restriction Period Covenants.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding anything to
the contrary set forth herein, prior to the end of the Restriction Period (provided that clause (a)(2) below shall apply at all times
prior to the later of (i) the last day of the Restriction Period and (ii) the last day of the Ratio Adjustment Period), the Parent and
the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Make
any Restricted Payment (1) during the Restriction Period other than, so long as no Event of Default specified in Section 11.1.(a), 11.1.(b),
Section 11.1.(f) or Section 11.1.(g) exists and the Obligations have not been accelerated pursuant to Section 11.2.(a) as a result of
the occurrence of any other Event of Default, (i) the Borrower may declare and make cash distributions to the Parent and other holders
of partnership interests in the Borrower, and the Parent may declare and make cash distributions to its shareholders, each, in an aggregate
amount not to exceed up to 100% of the taxable income of the Parent and (ii) the Borrower may declare and make Preferred Dividends to
the Parent and other holders of partnership interests in the Borrower, and the Parent may declare and make Preferred Dividends to its
shareholders, in an aggregate amount not to exceed $25,000,000 per fiscal year or (2) following the last day of the Restriction Period
and prior to the last day of the Ratio Adjustment Period, of the type described in clause (b) or clause (c) of the definition of &#8220;Restricted
Payment&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directly
or indirectly voluntarily prepay any Secured Indebtedness or the Existing Term Loans (including any Secured Indebtedness secured by Liens
which are subordinate to the Liens securing the Obligations) or any other Indebtedness which is contractually subordinated to the Obligations
other than (i) prepayment of an amount of up to $15,000,000 in connection with the extension of the Indebtedness secured by the Salt Lake
City Marriot and (ii) repayment of an amount of up to $3,000,000 in connection with the new market tax credit Lien associated with the
Phoenix Kimpton Palomar.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Issue
or otherwise incur any Indebtedness other than (i) Secured Indebtedness which is Nonrecourse Indebtedness in an amount of up to
$150,000,000 so long as the proceeds thereof are applied as required by Section 2.8., (ii) Revolving Loans and Swingline Loans,
(iii) Government Assistance Indebtedness, (iv) refinancing of Indebtedness which was existing prior to the First Amendment Date so
long as, if the amount of the proceeds of such refinancing exceed the principal amount of the Indebtedness being refinanced, such
excess proceeds are applied as required by Section 2.8., (v) debt assumed in connection with Properties acquired pursuant to Section
10.15.(e)(iv) below in an aggregate amount during the Restriction Period not to exceed $300,000,000 <U>minus</U> the amount of
proceeds from Equity Issuances applied to such acquisitions described in 10.15.(e)(iv)(debt described in this clause (v) is referred
to herein as &#8220;Permitted Assumed Debt&#8221;) and (vi) Secured Indebtedness incurred after the Fourth Amendment Date which (x)
is Nonrecourse Indebtedness, (y) has a maturity date no earlier than the later of the Revolving Termination Date, the Term Loan
Maturity Date and the maturity date of the Existing Term Loan and (z) is secured by the Property known as Tranquility Bay.
Notwithstanding the foregoing, no Person which is a direct or indirect owner of any Property which is an Unencumbered Property on
the First Amendment Date or which becomes an Unencumbered Property after the First Amendment Date will incur any Indebtedness (other
than (x) with respect to the Loan Parties, Indebtedness described in clause (ii) above and (y) with respect to the Borrower,
Indebtedness described in clause (iii) above).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>(i) Sell, lease, sublease, transfer or otherwise dispose of (including in connection with a sale-leaseback transaction or a merger
or consolidation), (ii) place any Lien (except, for the avoidance of doubt, with respect to Salt Lake City Marriot) or Negative Pledge
(except for the Negative Pledge contained in the Existing Term Loan Agreement, as in effect on the date hereof) on or (iii) take any other
action with respect to, any Property (or the Equity Interests of any direct or indirect owner of such Property) that is an Unencumbered
Property on the First Amendment Date or which becomes an Unencumbered Property after the First Amendment Date which would cause such Property
to cease to constitute an &#8220;Eligible Property&#8221; unless, solely with respect to clause (i) above, the proceeds thereof are applied
in accordance with Section 2.8.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Directly or indirectly make or own any Investment or other acquisition (including, without limitation, the provision of guarantees
of Indebtedness of others and the acquisition of Properties) other than, so long as no Default or Event of Default then exists, (i) Investments
in Loan Parties, (ii) management contract buyouts and conversions of leasehold interests into fee simple ownership which do not exceed
$25,000,000 in the aggregate during the Restriction Period, (iii) acquisitions of Unencumbered Properties (or the Equity Interests of
a direct or indirect owner of an Unencumbered Property) (A) purchased solely with the proceeds of Equity Issuances so long as Availability
is equal to or greater than $225,000,000 (both before and after giving effect to such acquisition), (B) purchased solely with UP Retained
Proceeds on or before the date which is 180 days from the date of the applicable Asset Sale (provided that if the Borrower notifies the
Administrative Agent within such 180 day period of its intent to reinvest such proceeds in an Unencumbered Property (or the Equity Interests
of a direct or indirect owner of an Unencumbered Property), such initial 180 day period may be extended by the Administrative Agent) or
(C) purchased with the proceeds of Equity Issuances, cash on hand or Revolving Loans provided that the aggregate consideration for all
such acquisitions consummated with respect to this clause (iii)(C) does not exceed $250,000,000, and (iv) acquisitions of other Properties
purchased solely with the proceeds of Equity Issuances and/or Permitted Assumed Debt so long as, with respect to this clause (iv), (x)
Availability is equal to or greater than $225,000,000 (both before and after giving effect to such acquisition) and (y) the aggregate
consideration (including the principal amount of all Permitted Assumed Debt) for all such acquisitions consummated with respect to this
clause (iv) does not exceed $300,000,000; provided that not more than $100,000,000 of such amount shall constitute proceeds of Equity
Issuances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Make any capital expenditures other than (i) capital expenditures funded out of the aggregate amount of reserves in respect to
furniture, fixtures and equipment required under any Property Management Agreement or Franchise Agreement applicable to such Properties
for such period as reported pursuant to Section 9.4(p), (ii) capital expenditures necessary for emergency repairs or other expenditures
required for the safety of employees or guests in an aggregate amount of up to $5,000,000 or such greater amount as approved by the Administrative
Agent, (iii) capital expenditures made with respect to the Frenchman&#8217;s Reef Properties in an aggregate amount of up to $30,000,000
and (iv) other capital expenditures in an aggregate amount of up to $50,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT>Take
any other action (or refrain from taking any action) that would be prohibited by this Agreement during a Default or Event of
Default; provided that, unless a Default or Event of Default has occurred and is continuing this clause (g) shall not apply to the
following (i) payment of interest (or increased fees) at the Post-Default Rate under Section 2.5(a) and Section 3.5, (ii)
Continuations and Conversions under Section 2.9 and Section 2.10, (iii) the making of Loans and the issuances of Letters of Credit
under Section 6.2(a), (iv) the incurrence of Indebtedness under Section 10.3 (provided that only the Indebtedness under Section
10.15(c) shall be permitted to be incurred) and (v) actions under this Section 10.15 that are permitted unless a Default or Event of
Default has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article XI. Default</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.1.
Events of Default.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each of the following shall
constitute an Event of Default, whatever the reason for such event and whether it shall be voluntary or involuntary or be effected by
operation of Applicable Law or pursuant to any judgment or order of any Governmental Authority:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
in Payment of Principal</U>. The Borrower shall fail to pay when due (whether upon demand, at maturity, by reason of acceleration or otherwise)
the principal of any of the Loans, or any Reimbursement Obligation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
in Payment of Interest and Other Obligations</U>. The Borrower shall fail to pay when due any interest on any of the Loans or any of the
other payment Obligations owing by the Borrower under this Agreement, any other Loan Document or the Fee Letters or any other Loan Party
shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such
failure shall continue for a period of 3 Business Days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
in Performance</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
Loan Party shall fail to perform or observe any term, covenant, condition or agreement on its part to be performed or observed and contained
in the last sentence of Section 8.8.(a), Section 8.8.(b), Section&nbsp;9.4.(h), or Article&nbsp;X.; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
Loan Party shall fail to perform or observe any term, covenant, condition or agreement contained in this Agreement or any other Loan Document
to which it is a party and not otherwise mentioned in this Section, and in the case of this clause (ii) only, such failure shall continue
for a period of 30 days after the earlier of (x)&nbsp;the date upon which a Responsible Officer of the Parent or the Borrower obtains
knowledge of such failure or (y)&nbsp;the date upon which the Parent or any other Loan Party has received written notice of such failure
from the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Misrepresentations</U>.
Any written statement, representation or warranty made or deemed made by or on behalf of any Loan Party under this Agreement or under
any other Loan Document, or any amendment hereto or thereto, or in any other writing or statement at any time furnished or made or deemed
made by, or on behalf of, any Loan Party to the Administrative Agent, any Issuing Bank or any Lender, shall at any time prove to have
been incorrect or misleading, in light of the circumstances in which made or deemed made, in any material respect (or, to the extent qualified
by materiality or Material Adverse Effect, in any respect) when furnished or made or deemed made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indebtedness
Cross&#45;Default; Derivatives Contracts</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#9;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Borrower,
any other Loan Party or any other Subsidiary shall fail to pay when due and payable, within any applicable grace or cure period, the principal
of, or interest on, any Indebtedness (other than the Loans and Reimbursement Obligations) having an aggregate</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">outstanding principal amount (or, in
the case of any Derivatives Contract, having, without regard to the effect of any close-out netting provision, a Derivatives Termination
Value), in each case, individually or in the aggregate with all other Indebtedness as to which such a failure exists, of $30,000,000 or
more (or (x) other than during the Restriction Period, $60,000,000 and (y) during the Restriction Period, $200,000,000 or more in the
case of Nonrecourse Indebtedness) (all such Indebtedness being &#8220;Material Indebtedness&#8221;); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#9;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x)&nbsp;The
maturity of any Material Indebtedness shall have been accelerated in accordance with the provisions of any indenture, contract or instrument
evidencing, providing for the creation of or otherwise concerning such Material Indebtedness or (y)&nbsp;any Material Indebtedness shall
have been required to be prepaid, repurchased, redeemed or defeased prior to the stated maturity thereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#9;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any other
event shall have occurred and be continuing which <FONT STYLE="font-style: normal; font-weight: normal; text-underline-style: double">would permit</FONT>
any holder or holders of any Material Indebtedness, any trustee or agent acting on behalf of such holder or holders or any other Person,
to accelerate the maturity of any such Material Indebtedness or require any such Material Indebtedness to be prepaid, repurchased, redeemed
or defeased prior to its stated maturity; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#9;(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
occurs an &#8220;Event of Default&#8221; under and as defined in any Derivatives Contract as to which the Borrower, any Loan Party or
any other Subsidiary is a &#8220;Defaulting Party&#8221; (as defined therein), or there occurs an &#8220;Early Termination Date&#8221;
(as defined therein) in respect of any such Derivatives Contract as a result of a &#8220;Termination Event&#8221; (as defined therein)
as to which the Borrower or any of its Subsidiaries is an &#8220;Affected Party&#8221; (as defined therein), in each case, if the Derivatives
Termination Value payable by the Borrower, any other Loan Party or any other Subsidiary exceeds $15,000,000 in the aggregate; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
occurs an &#8220;Event of Default&#8221; under and as defined in the Existing Term Loan Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Voluntary
Bankruptcy Proceeding</U>. The Borrower, any other Loan Party or any Significant Subsidiary shall: (i)&nbsp;commence a voluntary case
under the Bankruptcy Code or other federal bankruptcy laws (as now or hereafter in effect); (ii)&nbsp;file a petition seeking to take
advantage of any other Applicable Laws, domestic or foreign, relating to bankruptcy, insolvency, reorganization, winding&#45;up, or composition
or adjustment of debts; (iii)&nbsp;consent to, or fail to contest in a timely and appropriate manner, any petition filed against it in
an involuntary case under such bankruptcy laws or other Applicable Laws or consent to any proceeding or action described in the immediately
following subsection; (iv)&nbsp;apply for or consent to, or fail to contest in a timely and appropriate manner, the appointment of, or
the taking of possession by, a receiver, custodian, trustee, or liquidator of itself or of a substantial part of its property, domestic
or foreign; (v)&nbsp;admit in writing its inability to pay its debts as they become due; (vi)&nbsp;make a general assignment for the benefit
of creditors; (vii)&nbsp;make a conveyance fraudulent as to creditors under any Applicable Law; or (viii)&nbsp;take any corporate or partnership
action for the purpose of effecting any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Involuntary
Bankruptcy Proceeding</U>. A case or other proceeding shall be commenced against any Loan Party or any other Significant Subsidiary
in any court of competent jurisdiction seeking: (i)&nbsp;relief under the Bankruptcy Code or other federal bankruptcy laws (as now
or hereafter in effect) or under any other Applicable Laws, domestic or foreign, relating to bankruptcy, insolvency, reorganization,
winding&#45;up, or composition or adjustment of debts; or (ii)&nbsp;the appointment of a trustee, receiver, custodian, liquidator or
the like of such Person, or of all or any substantial part of the assets, domestic or foreign, of such Person, and such case or
proceeding shall continue undismissed or unstayed for a period of 60&nbsp;consecutive days, or an order granting the remedy or other
relief requested in such case or proceeding against such Loan Party or such Significant Subsidiary (including, but not limited to,
an order for relief under such Bankruptcy Code or such other federal bankruptcy laws) shall be entered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Revocation
of Loan Documents</U>. Any Loan Party shall (or shall attempt to) disavow, revoke or terminate any Loan Document or the Fee Letters to
which it is a party or shall otherwise challenge or contest in any action, suit or proceeding in any court or before any Governmental
Authority the validity or enforceability of any Loan Document or the Fee Letters, or any Loan Document or the Fee Letters shall cease
to be in full force and effect (except as a result of the express terms thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgment</U>.
A judgment or order for the payment of money or for an injunction shall be entered against the Borrower, any other Loan Party, or any
other Subsidiary by any court or other tribunal and (i)&nbsp;such judgment or order shall continue for a period of 30 days without being
paid, stayed or dismissed through appropriate appellate proceedings and (ii)&nbsp;either (A)&nbsp;the amount of such judgment or order
for which insurance has not been acknowledged in writing by the applicable insurance carrier (or the amount as to which the insurer has
denied liability) exceeds, individually or together with all other such outstanding judgments or orders entered against any Loan Parties
or any other Subsidiary, $30,000,000 or (B)&nbsp;in the case of an injunction or other non-monetary judgment, such injunction or judgment
or order could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Attachment</U>.
A warrant, writ of attachment, execution or similar process shall be issued against any property of any Loan Party or any other Subsidiary,
which exceeds, individually or together with all other such warrants, writs, executions and processes, $30,000,000 in amount and such
warrant, writ, execution or process shall not be paid, discharged, vacated, stayed or bonded for a period of 30 days; provided, however,
that if a bond has been issued in favor of the claimant or other Person obtaining such warrant, writ, execution or process, the issuer
of such bond shall execute a waiver or subordination agreement in form and substance satisfactory to the Administrative Agent pursuant
to which the issuer of such bond subordinates its right of reimbursement, contribution or subrogation to the Obligations and waives or
subordinates any Lien it may have on the assets of any Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
ERISA Event shall have occurred that results or could reasonably be expected to result in liability to any member of the ERISA Group aggregating
in excess of $30,000,000; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
 &#8220;benefit obligation&#8221; of all Plans exceeds the &#8220;fair market value of plan assets&#8221; for such Plans by more than $30,000,000,
all as determined, and with such terms defined, in accordance with FASB ASC 715.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Loan
Documents</U>. An Event of Default (as defined therein) shall occur under any of the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Change
of Control/Change in Management</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
 &#8220;person&#8221; or &#8220;group&#8221; (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of
1934, as amended (the &#8220;Exchange Act&#8221;)), is or becomes the &#8220;beneficial owner&#8221; (as defined in Rules 13d-3 and
13d-5 under the Exchange Act, except that a Person will be deemed to have &#8220;beneficial ownership&#8221; of all securities that
such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or
indirectly, of more than 35% of the total voting power of the then outstanding voting stock of the Parent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
any period of 12 consecutive months ending after the Agreement Date, individuals who at the beginning of any such 12&#45;month period
constituted the Board of Directors of the Parent (together with any new directors whose election by such Board or whose nomination for
election by the shareholders of the Parent was approved by a vote of a majority of the directors then still in office who were either
directors at the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason
to constitute a majority of the Board of Directors of the Parent then in office; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parent or a Wholly Owned Subsidiary of the Parent shall cease to be the sole general partner of the Borrower or shall cease to have the
sole and exclusive power to exercise all management and control over the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Liens
in the Collateral</U>. After the First Amendment Date and prior to the Security Release Date, any Lien purported to be created under any
Loan Document shall cease to be, or shall be asserted by any Borrower or other Loan Party not to be, a valid and perfected Lien on any
Collateral, with the priority required by the applicable Loan Documents and the Intercreditor Agreement, except as a result of (i) the
sale or other disposition of the applicable Collateral in a transaction permitted under the Loan Documents, or (ii) the release of such
Lien as a result of the occurrence of the Security Release Date hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intercreditor
Agreement</U>. After the First Amendment Date and prior to the Security Release Date, the Intercreditor Agreement shall cease to be (or
shall be asserted in writing by any Loan Party or any party thereto not to be) legally valid, binding and enforceable against any party
thereto or otherwise not be effective to create the rights and obligations purported to be created thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.2.
Remedies Upon Event of Default.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Upon the occurrence of an
Event of Default the following provisions shall apply:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acceleration;
Termination of Facilities</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#9;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Automatic</U>.
Upon the occurrence of an Event of Default specified in Sections&nbsp;11.1.(f) or 11.1.(g), (A)(1) the principal of, and all accrued interest
on, the Loans and the Notes at the time outstanding, (2)&nbsp;an amount equal to the Stated Amount of all Letters of Credit outstanding
as of the date of the occurrence of such Event of Default for deposit into the Letter of Credit Collateral Account pursuant to Section&nbsp;11.5.
and (3)&nbsp;all of the other Obligations, including, but not limited to, the other amounts owed to the Lenders and the Administrative
Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable without
presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower on behalf of itself and the
other Loan Parties, and (B)&nbsp;the Commitments, the Swingline Commitment, and the obligation of the Issuing Banks to issue Letters of
Credit hereunder, shall all immediately and automatically terminate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#9;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Optional</U>.
If any other Event of Default shall exist, the Administrative Agent may, and at the direction of the Requisite Lenders shall:
(A)&nbsp;declare (1)&nbsp;the principal of, and accrued interest on, the Loans and the Notes at the time outstanding, (2)&nbsp;an
amount equal to the Stated Amount of all Letters of Credit outstanding as of the date of the occurrence of such Event of Default for
deposit into the Letter of Credit Collateral Account pursuant to Section&nbsp;11.5. and (3)&nbsp;all of the other Obligations,
including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or
any of the other Loan Documents to be forthwith due and payable, whereupon the same shall immediately become due and payable without
presentment, demand, protest or other notice of any kind, all of which are expressly waived by the Borrower on behalf of itself and
the other Loan Parties, and (B)&nbsp;terminate the Commitments and the Swingline Commitment and the obligation of the Issuing Banks
to issue Letters of Credit hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Loan
Documents</U>. The Requisite Lenders may direct the Administrative Agent to, and the Administrative Agent if so directed shall, exercise
any and all of its rights under any and all of the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Applicable
Law</U>. The Requisite Lenders may direct the Administrative Agent to, and the Administrative Agent if so directed shall, exercise all
other rights and remedies it may have under any Applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment
of Receiver</U>. To the extent permitted by Applicable Law, the Administrative Agent and the Lenders shall be entitled to the appointment
of a receiver for the assets and properties of the Borrower and its Subsidiaries (other than Excluded Subsidiaries), without notice of
any kind whatsoever and without regard to the adequacy of any security for the Obligations or the solvency of any party bound for its
payment, to take possession of all or any portion of the property or the business operations of the Borrower and its Subsidiaries (other
than Excluded Subsidiaries) and to exercise such power as the court shall confer upon such receiver.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Specified
Derivatives Contract Remedies</U>. Notwithstanding any other provision of this Agreement or other Loan Document, each Specified Derivatives
Provider shall have the right, with prompt notice to the Administrative Agent, but without the approval or consent of or other action
by the Administrative Agent or the Lenders, and without limitation of other remedies available to such Specified Derivatives Provider
under contract or Applicable Law, to undertake any of the following: (a) to declare an event of default, termination event or other similar
event under any Specified Derivatives Contract and to create an &#8220;Early Termination Date&#8221; (as defined therein) in respect thereof,
(b) to determine net termination amounts in respect of any and all Specified Derivatives Contracts in accordance with the terms thereof,
and to set off amounts among such contracts, (c) to set off or proceed against deposit account balances, securities account balances and
other property and amounts held by such Specified Derivatives Provider pursuant to any Derivatives Support Document, including any &#8220;Posted
Collateral&#8221; (as defined in any credit support annex included in any such Derivatives Support Document to which such Specified Derivatives
Provider may be a party), and (d) to prosecute any legal action against the Parent, the Borrower, any other Loan Party or any other Subsidiary
to enforce or collect net amounts owing to such Specified Derivatives Provider pursuant to any Specified Derivatives Contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.3.
Remedies Upon Default.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Upon the occurrence of a Default
specified in Section&nbsp;11.1.(g), the Commitments, the Swingline Commitment, and the obligation of the Issuing Banks to issue Letters
of Credit shall immediately and automatically terminate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.4.
Marshaling; Payments Set Aside.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">None of the
Administrative Agent, any Issuing Bank or any Lender shall be under any obligation to marshal any assets in favor of any Loan Party
or any other party or against or in payment of any or all of the Guaranteed Obligations. To the extent that any Loan Party makes a
payment or payments to the Administrative Agent, any Issuing Bank, or any Lender, or the Administrative Agent, any Issuing Bank or
any Lender enforce their security interests or exercise their rights of setoff, and such payment or payments or the proceeds of such
enforcement or setoff or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or
required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or
equitable cause, then to the extent of such recovery, the Guaranteed Obligations, or part thereof originally intended to be
satisfied, and all Liens, rights and remedies therefor, shall be revived and continued in full force and effect as if such payment
had not been made or such enforcement or setoff had not occurred.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<!-- Field: Split-Segment; Name: 12 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.5.
Allocation of Proceeds.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If an Event of Default exists,
all payments received by the Administrative Agent (or any Lender as a result of its exercise of remedies permitted under Section&nbsp;13.3.
under any of the Loan Documents, in respect of any principal of or interest on the Guaranteed Obligations or any other amounts payable
by the Borrower hereunder or thereunder, shall be applied in the following order and priority:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting fees, indemnities, expenses and other amounts, including attorney fees,
payable to the Administrative Agent in its capacity as such, each applicable Issuing Bank in its capacity as such and the Swingline Lender
in its capacity as such, ratably among the Administrative Agent, the applicable Issuing Banks and Swingline Lender in proportion to the
respective amounts described in this clause&nbsp;(a) payable to them;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting fees, indemnities and other amounts (other than principal and interest)
payable to the Lenders under the Loan Documents, including attorney fees, ratably among the Lenders in proportion to the respective amounts
described in this clause&nbsp;(b) payable to them;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting accrued and unpaid interest on the Swingline Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting accrued and unpaid interest on the Loans and Reimbursement Obligations,
ratably among the Lenders and the applicable Issuing Banks in proportion to the respective amounts described in this clause&nbsp;(d) payable
to them;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting unpaid principal of the Swingline Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
payment of that portion of the Guaranteed Obligations constituting unpaid principal of the Loans, Reimbursement Obligations, other Letter
of Credit Liabilities and payment obligations then owing under Specified Derivatives Contracts, ratably among the Lenders, the Issuing
Banks, as applicable, and the Specified Derivatives Providers in proportion to the respective amounts described in this clause&nbsp;(f)
payable to them; provided, however, to the extent that any amounts available for distribution pursuant to this clause are attributable
to the issued but undrawn amount of an outstanding Letter of Credit, such amounts shall be paid to the Administrative Agent for deposit
into the Letter of Credit Collateral Account; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
balance, if any, after all of the Guaranteed Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required
by Applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding the foregoing, Guaranteed Obligations
arising under Specified Derivatives Contracts shall be excluded from the application described above if the Administrative Agent has not
received written notice thereof, together with such supporting documentation as the Administrative Agent may request, from the applicable
Specified Derivatives Provider, as the case may be; provided, however, that during a Default or Event of Default trade-by-trade notices
shall be sufficient to satisfy this requirement. Each Specified Derivatives Provider not a party to this Agreement that has given the
notice contemplated by the preceding sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment of the
Administrative Agent pursuant to the terms of Article&nbsp;XII. for itself and its Affiliates as if a &#8220;Lender&#8221; party hereto.
Upon the occurrence of an Event of Default including after any acceleration of the Obligations, each Specified Derivatives Provider shall
provide the Administrative Agent periodic updates (including updates promptly upon the Administrative Agent&#8217;s request therefore)
of the amounts due and owing with respect to any outstanding Specified Derivatives Contracts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.6.
Letter of Credit Collateral Account.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
collateral security for the prompt payment in full when due of all Letter of Credit Liabilities and the other Obligations, the Borrower
hereby pledges and grants to the Administrative Agent, for the ratable benefit of the Administrative Agent, the Issuing Banks and the
Lenders as provided herein, a security interest in all of its right, title and interest in and to the Letter of Credit Collateral Account
and the balances from time to time in the Letter of Credit Collateral Account (including the investments and reinvestments therein provided
for below). The balances from time to time in the Letter of Credit Collateral Account shall not constitute payment of any Letter of Credit
Liabilities until applied by the applicable Issuing Bank(s) as provided herein. Anything in this Agreement to the contrary notwithstanding,
funds held in the Letter of Credit Collateral Account shall be subject to withdrawal only as provided in this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amounts
on deposit in the Letter of Credit Collateral Account shall be invested and reinvested by the Administrative Agent in such Cash Equivalents
as the Administrative Agent shall determine in its sole discretion. All such investments and reinvestments shall be held in the name of
and be under the sole dominion and control of the Administrative Agent for the ratable benefit of the Administrative Agent, the Issuing
Banks and the Revolving Lenders; <U>provided</U>, that all earnings on such investments will be credited to and retained in the Letter
of Credit Collateral Account. The Administrative Agent shall exercise reasonable care in the custody and preservation of any funds held
in the Letter of Credit Collateral Account and shall be deemed to have exercised such care if such funds are accorded treatment substantially
equivalent to that which the Administrative Agent accords other funds deposited with the Administrative Agent, it being understood that
the Administrative Agent shall not have any responsibility for taking any necessary steps to preserve rights against any parties with
respect to any funds held in the Letter of Credit Collateral Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a drawing pursuant to any Letter of Credit occurs on or prior to the expiration date of such Letter of Credit, the Borrower and the Lenders
authorize the Administrative Agent to use the monies deposited in the Letter of Credit Collateral Account to reimburse the applicable
Issuing Bank for the payment made by such Issuing Bank to the beneficiary with respect to such drawing or the payee with respect to such
presentment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
an Event of Default exists, the Administrative Agent may (and, if instructed by the Requisite Lenders, shall) in its (or their)
discretion at any time and from time to time elect to liquidate any such investments and reinvestments and apply the proceeds
thereof to the Obligations in accordance with Section&nbsp;11.5. Notwithstanding the foregoing, the Administrative Agent shall not
be required to liquidate and release any such amounts if such liquidation or release would result in the amount available in the
Letter of Credit Collateral Account to be less than the Stated Amount of all Extended Letters of Credit that remain outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;So
long as no Default or Event of Default exists, and to the extent amounts on deposit in or credited to the Letter of Credit Collateral
Account exceed the aggregate amount of the Letter of Credit Liabilities then due and owing, the Administrative Agent shall, from time
to time, at the request of the Borrower, deliver to the Borrower within 10 Business Days after the Administrative Agent&#8217;s receipt
of such request from the Borrower, against receipt but without any recourse, warranty or representation whatsoever, such amount of the
credit balances in the Letter of Credit Collateral Account as exceeds the aggregate amount of Letter of Credit Liabilities at such time.
Upon the expiration, termination or cancellation of an Extended Letter of Credit for which the Lenders reimbursed (or funded participations
in) a drawing deemed to have occurred under the fourth sentence of Section&nbsp;2.3.(b) for deposit into the Letter of Credit Collateral
Account but in respect of which the Lenders have not otherwise received payment for the amount so reimbursed or funded, the Administrative
Agent shall promptly remit to the Lenders the amount so reimbursed or funded for such Extended Letter of Credit that remains in the Letter
of Credit Collateral Account, pro rata in accordance with the respective unpaid reimbursements or funded participations of the Lenders
in respect of such Extended Letter of Credit, against receipt but without any recourse, warranty or representation whatsoever. When all
of the Obligations shall have been indefeasibly paid in full and no Letters of Credit remain outstanding, the Administrative Agent shall
deliver to the Borrower, against receipt but without any recourse, warranty or representation whatsoever, the balances remaining in the
Letter of Credit Collateral Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower shall pay to the Administrative Agent from time to time such fees as the Administrative Agent normally charges for similar services
in connection with the Administrative Agent&#8217;s administration of the Letter of Credit Collateral Account and investments and reinvestments
of funds therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.7.
Performance by Administrative Agent.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If the Borrower or any other
Loan Party shall fail to perform any covenant, duty or agreement contained in any of the Loan Documents, the Administrative Agent may,
after notice to the Borrower, perform or attempt to perform such covenant, duty or agreement on behalf of the Borrower or such other Loan
Party after the expiration of any cure or grace periods set forth herein. In such event, the Borrower shall, at the request of the Administrative
Agent, promptly pay any amount reasonably expended by the Administrative Agent in such performance or attempted performance to the Administrative
Agent, together with interest thereon at the applicable Post-Default Rate from the date of such expenditure until paid. Notwithstanding
the foregoing, neither the Administrative Agent nor any Lender shall have any liability or responsibility whatsoever for the performance
of any obligation of the Borrower under this Agreement or any other Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.6in 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;11.8.
Rights Cumulative.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
rights and remedies of the Administrative Agent, the Issuing Banks, and the Lenders under this Agreement, each of the other Loan Documents
and the Fee Letters shall be cumulative and not exclusive of any rights or remedies which any of them may otherwise have under Applicable
Law. In exercising their respective rights and remedies the Administrative Agent, the Issuing Banks and the Lenders may be selective and
no failure or delay by the Administrative Agent, any Issuing Bank or any of the Lenders in exercising any right shall operate as a waiver
of it, nor shall any single or partial exercise of any power or right preclude its other or further exercise or the exercise of any other
power or right.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Enforcement
by Administrative Agent</U>. Notwithstanding anything to the contrary contained herein or in any other Loan Document, the authority to
enforce rights and remedies hereunder and under the other Loan Documents against the Loan Parties or any of them shall be vested exclusively
in, and all actions and proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the
Administrative Agent in accordance with Article&nbsp;XI. for the benefit of all the Lenders and the Issuing Banks; <U>provided</U> that
the foregoing shall not prohibit (i)&nbsp;the Administrative Agent from exercising on its own behalf the rights and remedies that inure
to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (ii)&nbsp;any Issuing Bank,
the Swingline Lender or any Specified Derivatives Provider from exercising the rights and remedies that inure to its benefit (solely in
its capacity as an Issuing Bank, Swingline Lender or Specified Derivatives Provider, as the case may be) hereunder, under the other Loan
Documents or under any Specified Derivatives Contract, as applicable, (iii)&nbsp;any Lender from exercising setoff rights in accordance
with Section&nbsp;13.3. (subject to the terms of Section&nbsp;3.3.), or (iv)&nbsp;any Lender from filing proofs of claim or appearing
and filing pleadings on its own behalf during the pendency of a proceeding relative to any Loan Party under any Debtor Relief Law; and
<U>provided</U>, <U>further</U>, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan
Documents, then (x) the Requisite Lenders shall have the rights otherwise ascribed to the Administrative Agent pursuant to Article&nbsp;XI.
and (y) in addition to the matters set forth in clauses (ii), (iii) and (iv) of the preceding proviso and subject to Section&nbsp;3.3.,
any Lender may, with the consent of the Requisite Lenders, enforce any rights and remedies available to it and as authorized by the Requisite
Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">Article XII. The Administrative
Agent</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.1.
Appointment and Authorization.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Lender hereby
irrevocably appoints and authorizes the Administrative Agent to take such action as contractual representative on such
Lender&#8217;s behalf and to exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to
the Administrative Agent by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. Not in
limitation of the foregoing, each Lender authorizes and directs the Administrative Agent to enter into the Loan Documents for the
benefit of the Lenders. Each Lender hereby agrees that, except as otherwise set forth herein, any action taken by the Requisite
Lenders in accordance with the provisions of this Agreement or the Loan Documents, and the exercise by the Requisite Lenders of the
powers set forth herein or therein, together with such other powers as are reasonably incidental thereto, shall be authorized and
binding upon all of the Lenders. Nothing herein shall be construed to deem the Administrative Agent a trustee or fiduciary for any
Lender or to impose on the Administrative Agent duties or obligations other than those expressly provided for herein. Without
limiting the generality of the foregoing, the use of the terms &#8220;Agent&#8221;, &#8220;Administrative Agent&#8221;,
 &#8220;agent&#8221; and similar terms in the Loan Documents with reference to the Administrative Agent is not intended to connote
any fiduciary or other implied (or express) obligations arising under agency doctrine of any Applicable Law. Instead, use of such
terms is merely a matter of market custom, and is intended to create or reflect only an administrative relationship between
independent contracting parties. The Administrative Agent shall deliver or otherwise make available to each Lender, promptly upon
receipt thereof by the Administrative Agent, copies of each of the financial statements, certificates, notices and other documents
delivered to the Administrative Agent pursuant to Article&nbsp;IX. that the Borrower is not otherwise required to deliver directly
to the Lenders. The Administrative Agent will furnish to any Lender, upon the request of such Lender, a copy (or, where appropriate,
an original) of any document, instrument, agreement, certificate or notice furnished to the Administrative Agent by the Borrower,
any other Loan Party or any other Affiliate of the Borrower, pursuant to this Agreement or any other Loan Document not already
delivered or otherwise made available to such Lender pursuant to the terms of this Agreement or any such other Loan Document. As to
any matters not expressly provided for by the Loan Documents (including, without limitation, enforcement or collection of any of the
Obligations), the Administrative Agent shall not be required to exercise any discretion or take any action, but shall be required to
act or to refrain from acting (and shall be fully protected in so acting or refraining from acting) upon the instructions of the
Requisite Lenders (or all of the Lenders if explicitly required under any other provision of this Agreement), and such instructions
shall be binding upon all Lenders and all holders of any of the Obligations; provided, however, that, notwithstanding anything in
this Agreement to the contrary, the Administrative Agent shall not be required to take any action which exposes the Administrative
Agent to personal liability or which is contrary to this Agreement or any other Loan Document or Applicable Law. Not in limitation
of the foregoing, the Administrative Agent may exercise any right or remedy it or the Lenders may have under any Loan Document upon
the occurrence of a Default or an Event of Default unless the Requisite Lenders have directed the Administrative Agent otherwise.
Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Administrative Agent as a result of
the Administrative Agent acting or refraining from acting under this Agreement or any of the other Loan Documents in accordance with
the instructions of the Requisite Lenders, or where applicable, all the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.2.
Administrative Agent&#8217;s Reliance.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding any
other provisions of this Agreement or any other Loan Documents, neither the Administrative Agent nor any of its Related Parties
shall be liable for any action taken or not taken by it under or in connection with this Agreement or any other Loan Document,
except for its or their own gross negligence or willful misconduct in connection with its duties expressly set forth herein or
therein as determined by a court of competent jurisdiction in a final non-appealable judgment. Without limiting the generality of
the foregoing, the Administrative Agent may consult with legal counsel (including its own counsel or counsel for the Parent, the
Borrower or any other Loan Party), 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.
Neither the Administrative Agent nor any of its Related Parties: (a)&nbsp;makes any warranty or representation to any Lender, any
Issuing Bank or any other Person, or shall be responsible to any Lender, any Issuing Bank or any other Person for any statement,
warranty or representation made or deemed made by the Borrower, any other Loan Party or any other Person in or in connection with
this Agreement or any other Loan Document; (b) shall have any duty to ascertain or to inquire as to the performance or observance of
any of the terms, covenants or conditions of this Agreement or any other Loan Document or the satisfaction of any conditions
precedent under this Agreement or any Loan Document on the part of the Borrower or other Persons, or to inspect the property, books
or records of the Borrower or any other Person; (c)&nbsp;shall be responsible to any Lender or any Issuing Bank for the due
execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other Loan Document, any
other instrument or document furnished pursuant thereto or any collateral covered thereby or the perfection or priority of any Lien
in favor of the Administrative Agent on behalf of the Lenders and the Issuing Banks in any such collateral; (d) shall have any
liability in respect of any recitals, statements, certifications, representations or warranties contained in any of the Loan
Documents or any other document, instrument, agreement, certificate or statement delivered in connection therewith; and (e) shall
incur any 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 may be by telephone, telecopy or electronic mail) believed by it to be genuine and signed,
sent or given by the proper party or parties. The Administrative Agent may execute any of its duties under the Loan Documents by or
through agents, employees or attorneys-in-fact and shall not be responsible for the negligence or misconduct of any agent or
attorney-in-fact that it selects in the absence of gross negligence or willful misconduct in the selection of such agent or
attorney-in-fact as determined by a court of competent jurisdiction in a final non-appealable judgment. Unless set forth in writing
to the contrary, the making of its initial Loan by a Lender shall constitute a certification by such Lender to the Administrative
Agent and the other Lenders that the conditions precedent for initial Loans set forth in Sections&nbsp;6.1. and 6.2. that have not
previously been waived by the Requisite Lenders have been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.3.
Notice of Events of Default.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent shall
not be deemed to have knowledge or notice of the occurrence of a Default or Event of Default unless the Administrative Agent has received
notice from a Lender or the Borrower referring to this Agreement, describing with reasonable specificity such Default or Event of Default
and stating that such notice is a &#8220;notice of default.&#8221; If any Lender (excluding the Lender which is also serving as the Administrative
Agent) becomes aware of any Default or Event of Default, it shall promptly send to the Administrative Agent such a &#8220;notice of default&#8221;;
provided, a Lender&#8217;s failure to provide such a &#8220;notice of default&#8221; to the Administrative Agent shall not result in any
liability of such Lender to any other party to any of the Loan Documents. Further, if the Administrative Agent receives such a &#8220;notice
of default,&#8221; the Administrative Agent shall give prompt notice thereof to the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.4.
Administrative Agent as Lender.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Lender acting as Administrative
Agent shall have the same rights and powers as a Lender or a Specified Derivatives Provider, as the case may be, under this Agreement,
any other Loan Document, any Specified Derivatives Contract, as the case may be, as any other Lender or Specified Derivatives Provider
and may exercise the same as though it were not the Administrative Agent; and the term &#8220;Lender&#8221; or &#8220;Lenders&#8221; shall,
unless otherwise expressly indicated, include the Lender acting as Administrative Agent in each case in its individual capacity. Such
Lender and its Affiliates may each accept deposits from, maintain deposits or credit balances for, invest in, lend money to, act as trustee
under indentures of, serve as financial advisor to, and generally engage in any kind of business with the Borrower, any other Loan Party
or any other Affiliate thereof as if it were any other bank and without any duty to account therefor to the Issuing Banks, the other Lenders
or any Specified Derivatives Providers. Further, the Administrative Agent and any Affiliate may accept fees and other consideration from
the Borrower for services in connection with this Agreement or any Specified Derivatives Contract, or otherwise without having to account
for the same to the Issuing Banks, the other Lenders or any Specified Derivatives Providers. The Issuing Banks and the Lenders acknowledge
that, pursuant to such activities, the Lender acting as Administrative Agent or its Affiliates may receive information regarding the Borrower,
other Loan Parties, other Subsidiaries and other Affiliates (including information that may be subject to confidentiality obligations
in favor of such Person) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 12.5. Approvals
of Lenders.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">All communications from the
Administrative Agent to any Lender requesting such Lender&#8217;s determination, consent or approval (a)&nbsp;shall be given in the form
of a written notice to such Lender, (b)&nbsp;shall be accompanied by a description of the matter or issue as to which such determination,
consent or approval is requested, or shall advise such Lender where information, if any, regarding such matter or issue may be inspected,
or shall otherwise describe the matter or issue to be resolved and (c)&nbsp;shall include, if reasonably requested by such Lender and
to the extent not previously provided to such Lender, written materials provided to the Administrative Agent by the Borrower in respect
of the matter or issue to be resolved. With respect to any action requiring the consent of the Requite Lenders or Requisite Class Lenders
(and not all Lenders or all affected Lenders pursuant to Section 13.6), unless a Lender shall give written notice to the Administrative
Agent that it specifically objects to the requested determination, consent or approval within 10&nbsp;Business Days (or such lesser or
greater period as may be specifically required under the express terms of the Loan Documents) of receipt of such communication, such Lender
shall be deemed to have conclusively approved such requested determination, consent or approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.6.
Lender Credit Decision, Etc.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each of the Lenders and the
Issuing Banks expressly acknowledges and agrees that neither the Administrative Agent nor any of its Related Parties has made any representations
or warranties to such Issuing Bank or such Lender and that no act by the Administrative Agent hereafter taken, including any review of
the affairs of the Parent, the Borrower, any other Loan Party or any other Subsidiary or Affiliate, shall be deemed to constitute any
such representation or warranty by the Administrative Agent to any Issuing Bank or any Lender. Each of the Lenders and the Issuing Banks
acknowledges that it has made its own credit and legal analysis and decision to enter into this Agreement and the transactions contemplated
hereby, independently and without reliance upon the Administrative Agent, any other Lender or counsel to the Administrative Agent, or
any of their respective Related Parties, and based on the financial statements of the Parent, the Borrower, the other Loan Parties, the
other Subsidiaries and other Affiliate thereof, and inquiries of such Persons, its independent due diligence of the business and affairs
of the Parent, the Borrower, the other Loan Parties, the other Subsidiaries and other Persons, its review of the Loan Documents, the legal
opinions required to be delivered to it hereunder, the advice of its own counsel and such other documents and information as it has deemed
appropriate. Each of the Lenders and the Issuing Banks also acknowledges that it will, independently and without reliance upon the Administrative
Agent, any other Lender or counsel to the Administrative Agent or any of their respective Related Parties, and based on such review, advice,
documents and information as it shall deem appropriate at the time, continue to make its own decisions in taking or not taking action
under the Loan Documents. The Administrative Agent shall not be required to keep itself informed as to the performance or observance by
the Parent, the Borrower or any other Loan Party of the Loan Documents or any other document referred to or provided for therein or to
inspect the properties or books of, or make any other investigation of, the Parent, the Borrower, any other Loan Party or any other Subsidiary.
Except for notices, reports and other documents and information expressly required to be furnished to the Lenders and the Issuing Banks
by the Administrative Agent under this Agreement or any of the other Loan Documents, the Administrative Agent shall have no duty or responsibility
to provide any Lender or the any Issuing Bank with any credit or other information concerning the business, operations, property, financial
and other condition or creditworthiness of the Parent, the Borrower, any other Loan Party or any other Affiliate thereof which may come
into possession of the Administrative Agent or any of its Related Parties. Each of the Lenders and the Issuing Banks acknowledges that
the Administrative Agent&#8217;s legal counsel in connection with the transactions contemplated by this Agreement is only acting as counsel
to the Administrative Agent and is not acting as counsel to any Lender or any Issuing Bank.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.7.
Indemnification of Administrative Agent.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Lender agrees to
indemnify the Administrative Agent (to the extent not reimbursed by the Borrower and without limiting the obligation of the Borrower
to do so) pro rata in accordance with such Lender&#8217;s respective Pro Rata Share (determined as of the time that the applicable
unreimbursed expense or indemnity payment is sought), from and against any and all liabilities, obligations, losses, damages,
penalties, actions, judgments, suits, reasonable out-of-pocket costs and expenses of any kind or nature whatsoever which may at any
time be imposed on, incurred by, or asserted against the Administrative Agent (in its capacity as Administrative Agent but not as a
Lender) in any way relating to or arising out of the Loan Documents, any transaction contemplated hereby or thereby or any action
taken or omitted by the Administrative Agent under the Loan Documents (collectively, &#8220;Indemnifiable Amounts&#8221;); provided,
however, that no Lender shall be liable for any portion of such Indemnifiable Amounts to the extent resulting from the
Administrative Agent&#8217;s gross negligence or willful misconduct as determined by a court of competent jurisdiction in a final,
non-appealable judgment; <U>provided</U>, <U>however</U>, that no action taken in accordance with the directions of the Requisite
Lenders (or all of the Lenders, if expressly required hereunder) shall be deemed to constitute gross negligence or willful
misconduct for purposes of this Section. Without limiting the generality of the foregoing, each Lender agrees to reimburse the
Administrative Agent (to the extent not reimbursed by the Borrower and without limiting the obligation of the Borrower to do so)
promptly upon demand for its Pro Rata Share (determined as of the time that the applicable reimbursement is sought) of any
out&#45;of&#45;pocket expenses (including the reasonable fees and expenses of the counsel to the Administrative Agent) incurred by
the Administrative Agent in connection with the preparation, negotiation, execution, administration, or enforcement (whether through
negotiations, legal proceedings, or otherwise) of, or legal advice with respect to the rights or responsibilities of the parties
under, the Loan Documents, any suit or action brought by the Administrative Agent to enforce the terms of the Loan Documents and/or
collect any Obligations, any &#8220;lender liability&#8221; suit or claim brought against the Administrative Agent and/or the
Lenders, and any claim or suit brought against the Administrative Agent and/or the Lenders arising under any Environmental Laws.
Such out&#45;of&#45;pocket expenses (including counsel fees) shall be advanced by the Lenders on the request of the Administrative
Agent notwithstanding any claim or assertion that the Administrative Agent is not entitled to indemnification hereunder upon receipt
of an undertaking by the Administrative Agent that the Administrative Agent will reimburse the Lenders if it is actually and finally
determined by a court of competent jurisdiction that the Administrative Agent is not so entitled to indemnification. The agreements
in this Section shall survive the payment of the Loans and all other amounts payable hereunder or under the other Loan Documents and
the termination of this Agreement. If the Borrower shall reimburse the Administrative Agent for any Indemnifiable Amount following
payment by any Lender to the Administrative Agent in respect of such Indemnifiable Amount pursuant to this Section, the
Administrative Agent shall share such reimbursement on a ratable basis with each Lender making any such payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.8.
Successor Administrative Agent.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent may (i) resign at any time as Administrative Agent under the Loan Documents by giving written notice thereof to the
Lenders and the Borrower or (ii) be removed as Administrative Agent under the Loan Documents for gross negligence or willful misconduct,
as determined by a court of competent jurisdiction in a final, non-appealable judgment, upon 30 days&#8217; prior written notice by all
Lenders (other than the Lender then acting as Administrative Agent). Upon any such resignation or removal, the Requisite Lenders shall
have the right to appoint a successor Administrative Agent which appointment shall, provided no Default or Event of Default exists, be
subject to the Borrower&#8217;s approval, which approval shall not be unreasonably withheld or delayed (except that the Borrower shall,
in all events, be deemed to have approved each Lender and any of its Affiliates as a successor Administrative Agent). If no successor
Administrative Agent shall have been so appointed in accordance with the immediately preceding sentence, and shall have accepted such
appointment, within 30 days after the resigning Administrative Agent&#8217;s giving of notice of resignation or the giving of notice of
removal of the Administrative Agent, then the current Administrative Agent may, on behalf of the Lenders and the Issuing Banks, appoint
a successor Administrative Agent, which shall be a Lender, if any Lender shall be willing to serve, or otherwise shall be a financial
institution having total combined assets of at least $50,000,000,000 and an Eligible Assignee or another Person acceptable to the Requisite
Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent may be removed as Administrative Agent under the Loan Documents, with or without cause, upon 15 days&#8217;
prior written notice from the Borrower to the Administrative Agent and all the Lenders; provided that upon such removal Bank of
America, N.A. is appointed as successor Administrative Agent (in such capacity, &#8220;Successor Agent&#8221;) and accepts such
appointment thereof. Wells Fargo, as the retiring Administrative Agent, shall, at the sole cost and expense of the Borrower, take
such actions and furnish such information, documents, instruments and agreements as are customary in its business practices and may
be reasonably requested from time to time by Successor Agent in order to facilitate and complete the transfer of the administrative
agency function to the Successor Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Administrative Agent shall notify the Borrower and the Lenders that no Lender has accepted such appointment, then such resignation
shall nonetheless become effective in accordance with such notice and (1)&nbsp;the Administrative Agent shall be discharged from its duties
and obligations hereunder and under the other Loan Documents and (2) all payments, communications and determinations provided to be made
by, to or through the Administrative Agent shall instead be made to each Lender and each applicable Issuing Bank directly, until such
time as a successor Administrative Agent has been appointed as provided for above in this Section; provided, further that such Lenders
and such Issuing Bank so acting directly shall be and be deemed to be protected by all indemnities and other provisions herein for the
benefit and protection of the Administrative Agent as if each such Lender or such Issuing Bank were itself the Administrative Agent. Upon
the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent pursuant to the terms of clause
(a) or (b) above, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges
and duties of the current Administrative Agent, and the current Administrative Agent shall be discharged from its duties and obligations
under the Loan Documents. Any resignation by an Administrative Agent shall also constitute the resignation as an Issuing Bank and as the
Swingline Lender by the Lender then acting as Administrative Agent (the &#8220;Resigning Lender&#8221;). Upon the acceptance of a successor&#8217;s
appointment as Administrative Agent hereunder (i)&nbsp;the Resigning Lender shall be discharged from all duties and obligations of an
Issuing Bank and the Swingline Lender hereunder and under the other Loan Documents and (ii)&nbsp;any successor Issuing Bank shall issue
letters of credit in substitution for all Letters of Credit issued by the Resigning Lender as an Issuing Bank outstanding at the time
of such succession (which letters of credit issued in substitutions shall be deemed to be Letters of Credit issued hereunder) or make
other arrangements satisfactory to the Resigning Lender to effectively assume the obligations of the Resigning Lender with respect to
such Letters of Credit. After any Administrative Agent&#8217;s resignation or removal hereunder as Administrative Agent pursuant to the
terms of clause (a) or (b) above, the provisions of this Article XII. shall continue to inure to its benefit as to any actions taken or
omitted to be taken by it while it was Administrative Agent under the Loan Documents. Notwithstanding anything contained herein to the
contrary, the Administrative Agent may assign its rights and duties under the Loan Documents to any of its Affiliates by giving the Borrower
and each Lender prior written notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 12.9. Titled
Agents.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each of the Lead Arrangers,
the Syndication Agents and the Documentation Agent (each a &#8220;Titled Agent&#8221;) in each such respective capacity, assumes no responsibility
or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the Loans, nor any duties as
an agent hereunder for the Lenders. The titles given to the Titled Agents are solely honorific and imply no fiduciary responsibility on
the part of the Titled Agents to the Administrative Agent, any Issuing Bank, any Lender, the Parent, the Borrower or any other Loan Party
and the use of such titles does not impose on the Titled Agents any duties or obligations greater than those of any other Lender or entitle
the Titled Agents to any rights other than those to which any other Lender is entitled.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section 12.10. Collateral
Matters.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In relation to any Liens in
the Collateral to secure the Obligations granted on the First Amendment Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Lender Party (including, by accepting the benefits thereof, each Specified Derivatives Provider) hereby authorizes the
Administrative Agent, without the necessity of any notice to or further consent from any Lender Party, from time to time prior to an
Event of Default, to take any action with respect to any Collateral or Loan Documents which may be necessary to perfect and maintain
perfected the Liens upon the Collateral granted pursuant to any of the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Lenders hereby authorize the Administrative Agent, at its option and in its discretion, to release any Lien granted to or held by the
Administrative Agent upon any Collateral (i) upon termination of the Commitments and indefeasible payment and satisfaction in full of
all of the Obligations; (ii) upon the Security Release Date or as otherwise expressly permitted by the terms of the applicable Loan Document;
or (iii) if approved, authorized or ratified in writing by the Lenders required to so approve in accordance with the terms of this Agreement.
Upon request by the Administrative Agent at any time, the Lenders will confirm in writing the Administrative Agent&#8217;s authority to
release particular types or items of Collateral pursuant to this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything set forth herein (including Section 8.17(b)), (i) the Administrative Agent shall not be required to execute any such document
on terms which, in the Administrative Agent&#8217;s opinion, would expose the Administrative Agent to liability or create any obligation
or entail any consequence other than the release of such Liens without recourse or warranty and (ii) any release of the Collateral (or
any portion thereof) shall not in any manner discharge, affect or impair the Obligations or any Liens upon (or obligations of the Borrower
or any other Loan Party in respect of) all interests retained by the Borrower or any other Loan Party, including (without limitation)
the proceeds of such sale or transfer, all of which shall continue to constitute part of the Collateral to the extent provided in the
Pledge Agreement. In the event of any sale or transfer of Collateral, or any foreclosure with respect to any of the Collateral, the Administrative
Agent shall be authorized to deduct all of the expenses reasonably incurred by the Administrative Agent from the proceeds of any such
sale, transfer or foreclosure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall have no obligation whatsoever to the Lender Parties or to any other Person to assure that the Collateral exists
or is owned by the Borrower or any other Loan Party or is cared for, protected or insured or that the Liens granted to the Administrative
Agent pursuant to any of the Loan Documents have been properly or sufficiently or lawfully created, perfected, protected or enforced or
are entitled to any particular priority, or to exercise or to continue exercising at all or in any manner or under any duty of care, disclosure
or fidelity any of the rights, authorities and powers granted or available to the Administrative Agent in this Section or in any of the
Loan Documents, it being understood and agreed that in respect of the Collateral, or any act, omission or event related thereto, the Administrative
Agent may act in any manner it may deem appropriate, in its sole discretion but subject to the terms and conditions of the Loan Documents,
and that the Administrative Agent shall have no duty or liability whatsoever to the Lender Parties, except to the extent resulting from
its gross negligence or willful misconduct as determined by a court of competent jurisdiction in a final, non-appealable judgment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;12.11.
Administrative Agent May File Bankruptcy Disclosure and Proofs of Claim.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In the case of the pendency
of any proceeding under any Debtor Relief Laws relative to any Loan Party, Administrative Agent (irrespective of whether the principal
of any Loan shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether 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:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
file a verified statement pursuant to rule 2019 of the Federal Rules of Bankruptcy Procedure that, in its sole opinion, complies with
such rule&#8217;s disclosure requirements for entities representing more than one creditor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans 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
and Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of Administrative
Agent and its respective agents and counsel and all other amounts due Administrative Agent under this Agreement allowed in such judicial
proceeding; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">and any custodian, receiver, assignee, trustee,
liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender to make such payments
to Administrative Agent and, in the event that Administrative Agent shall consent to the making of such payments directly to the Lenders,
to pay to Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of Administrative
Agent and its agents and counsel, and any other amounts due Administrative Agent under this Agreement. To the extent that the payment
of any such compensation, expenses, disbursements and advances of Administrative Agent, its agent and counsel, and any other amounts due
Administrative Agent under this Agreement out of the estate in any such proceeding, shall be denied for any reason, payment of the same
shall be secured by a Lien on, and shall be paid out of, any and all distributions, dividends, money securities and other properties that
the Lenders may be entitled to receive in such proceeding whether in liquidation or under any plan of reorganization or arrangement or
otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Nothing contained herein shall
be deemed to authorize Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization,
arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or to authorize Administrative Agent to vote
in respect of the claim of any Lender in any such proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Article XIII. Miscellaneous</P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.1.
Notices.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Unless otherwise provided
herein (including without limitation as provided in Section&nbsp;9.5.), communications provided for hereunder shall be in writing and
shall be mailed, telecopied, or delivered as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If to the Borrower and/or
the Parent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">DiamondRock Hospitality Limited Partnership</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">2 Bethesda Metro Center, Suite 1400</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Bethesda, Maryland 20814</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Attn: Chief Financial Officer and General Counsel</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 83%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 13%; text-align: left">Telephone:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 87%; text-align: left">240-744-1190</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">Telecopy:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">240-744-1199</TD></TR>
  </TABLE><BR STYLE="clear: both">


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">with a copy to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Willkie Farr &amp; Gallagher LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">787 Seventh Ave.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">New York, New York 10019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Attn: David Drewes</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 83%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 13%; text-align: left"><FONT STYLE="font-size: 10pt">Telephone:</FONT></TD><TD STYLE="text-align: justify; width: 87%"><FONT STYLE="font-size: 10pt">212-728-8653</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 83%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 13%; text-align: left"><FONT STYLE="font-size: 10pt">Telecopy:</FONT></TD><TD STYLE="text-align: justify; width: 87%"><FONT STYLE="font-size: 10pt">212-728-9653</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">If to the Administrative Agent under
Article II:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Wells Fargo Bank, National Association</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Minneapolis Loan Center</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">600 South 4<SUP>th</SUP> Street, 9<SUP>th</SUP>
Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Minneapolis, Minnesota 55415</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">Attn: Marsha Rouch</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 83%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 13%; text-align: left">Telecopier:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 87%; text-align: left">866-968-5589</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">Telephone:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">612-667-1098</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">If to the Administrative Agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Wells Fargo Bank, National Association</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">1750 H Street, NW, #550</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Washington, D.C. 20006</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Attention:&nbsp; Mark F. Monahan</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 83%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 13%; text-align: left">Telecopier:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 87%; text-align: left">202-429-2589</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">Telephone:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">202-303-3017</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1in">with a copy to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Wells Fargo Bank, National Association</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">301 S. College Street, 4th Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Charlotte, NC 28202</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">MAC D1053-04N</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 1.5in">Attention: Lisa Rossin</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 83%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 13%; text-align: left">Telecopier:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 87%; text-align: left">704-715-1468</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">Telephone:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">704-715-4858</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">If to an Issuing Bank:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">To the address(es) of such Issuing Bank
set forth on Schedule 13.1. hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If to any other Lender:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">To such Lender&#8217;s address or telecopy
number as set forth in the applicable Administrative Questionnaire.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">or, as to each party at such other address
as shall be designated by such party in a written notice to the other parties delivered in compliance with this Section; provided, a
Lender or an Issuing Bank shall only be required to give notice of any such other address to the Administrative Agent and the
Borrower. All such notices and other communications shall be effective (i)&nbsp;if mailed or sent by overnight courier, upon the
first to occur of receipt or the expiration of 3 days after the deposit in the United States Postal Service mail, postage prepaid
and addressed to the address of the Parent or the Borrower or the Administrative Agent, the Issuing Banks and Lenders at the
addresses specified; (ii)&nbsp;if telecopied, when transmitted; (iii)&nbsp;if hand delivered, when delivered; or (iv) if delivered
in accordance with Section&nbsp;9.5. to the extent applicable; provided, however, that, in the case of the immediately preceding
clauses (i), (ii) and (iii), non-receipt of any communication as of the result of any change of address of which the sending party
was not notified or as the result of a refusal to accept delivery shall be deemed receipt of such communication. Notwithstanding the
immediately preceding sentence, all notices or communications to the Administrative Agent, any Issuing Bank or any Lender under
Article&nbsp;II. shall be effective only when actually received. None of the Administrative Agent, any Issuing Bank or any Lender
shall incur any liability to any Loan Party (nor shall the Administrative Agent incur any liability to the Issuing Banks or the
Lenders) for acting upon any telephonic notice referred to in this Agreement which the Administrative Agent, such Issuing Bank or
such Lender, as the case may be, believes in good faith to have been given by a Person authorized to deliver such notice or for
otherwise acting in good faith hereunder. Failure of a Person designated to get a copy of a notice to receive such copy shall not
affect the validity of notice properly given to another Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.2.
Expenses.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower agrees
(a)&nbsp;to pay or reimburse the Administrative Agent for all of its reasonable out-of-pocket costs and expenses incurred in
connection with the preparation, negotiation and execution of, and any amendment, supplement or modification to, any of the Loan
Documents (including due diligence expenses and reasonable travel expenses related to closing), and the consummation of the
transactions contemplated hereby and thereby, including the reasonable and documented fees and disbursements of counsel to the
Administrative Agent and all costs and expenses of the Administrative Agent in connection with the use of IntraLinks, SyndTrak or
other similar information transmission systems in connection with the Loan Documents and any costs and expenses relating to the
management of the Collateral, (b)&nbsp;to pay or reimburse the Administrative Agent, the Issuing Banks and the Lenders for all their
reasonable costs and expenses incurred in connection with the enforcement or preservation of any rights under the Loan Documents and
the Fee Letters, including the reasonable and documented fees and disbursements of their respective counsel (including the allocated
fees and expenses of in-house counsel) and any payments in indemnification or otherwise payable by the Lenders to the Administrative
Agent pursuant to the Loan Documents, including but not limited to, the foreclosure upon, or seizure of, any Collateral or exercise
of any other rights of a secured party, (c)&nbsp;to pay, and indemnify and hold harmless the Administrative Agent, the Issuing Banks
and the Lenders from, any and all recording and filing fees and any and all liabilities with respect to, or resulting from any
failure to pay or delay in paying, documentary, stamp, excise and other similar taxes, if any, which may be payable or determined to
be payable in connection with the execution and delivery of any of the Loan Documents, or consummation of any amendment, supplement
or modification of, or any waiver or consent under or in respect of, any Loan Document and (d)&nbsp;to the extent not already
covered by any of the preceding subsections, to pay or reimburse the documented fees and disbursements of counsel to the
Administrative Agent, any Issuing Bank and any Lender incurred in connection with the representation of the Administrative Agent,
such Issuing Bank or such Lender in any matter relating to or arising out of any bankruptcy or other proceeding of the type
described in Sections&nbsp;11.1.(f) or 11.1.(g), including, without limitation (i)&nbsp;any motion for relief from any stay or
similar order, (ii)&nbsp;the negotiation, preparation, execution and delivery of any document relating to the Obligations and
(iii)&nbsp;the negotiation and preparation of any debtor&#45;in&#45;possession financing or any plan of reorganization of the
Borrower or any other Loan Party, whether proposed by the Borrower, such Loan Party, the Lenders or any other Person, and whether
such fees and expenses are incurred prior to, during or after the commencement of such proceeding or the confirmation or conclusion
of any such proceeding. If the Borrower shall fail to pay any amounts required to be paid by it pursuant to this Section, the
Administrative Agent and/or the Lenders may pay such amounts on behalf of the Borrower and such amounts shall be deemed to be
Obligations owing hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.3.
Setoff.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Subject to Section 3.3. and
in addition to any rights now or hereafter granted under Applicable Law and not by way of limitation of any such rights, the Borrower
hereby authorizes the Administrative Agent, each Issuing Bank, each Lender, each Affiliate of the Administrative Agent, any Issuing Bank
or any Lender, and each Participant (but not Affiliates of a Participant), at any time or from time to time, to the fullest extent permitted
by Applicable Law, while an Event of Default exists, without notice to the Borrower or to any other Person, any such notice being hereby
expressly waived, but in the case of an Issuing Bank, a Lender, an Affiliate of an Issuing Bank or a Lender, or a Participant, subject
to receipt of the prior written consent of the Requisite Lenders exercised in their sole discretion, to set off and to appropriate and
to apply any and all deposits (general or special, including, but not limited to, indebtedness evidenced by certificates of deposit, whether
matured or unmatured) and any other indebtedness at any time held or owing by the Administrative Agent, such Issuing Bank, such Lender,
any Affiliate of the Administrative Agent, such Issuing Bank or such Lender, or such Participant, to or for the credit or the account
of the Borrower against and on account of any of the Obligations, irrespective of whether or not any or all of the Loans and all other
Obligations have been declared to be, or have otherwise become, due and payable as permitted by Section&nbsp;11.2., and although such
Obligations shall be contingent or unmatured. Notwithstanding anything to the contrary in this Section, if any Defaulting Lender shall
exercise any such right of setoff, (x)&nbsp;all amounts so set off shall be paid over immediately to the Administrative Agent for further
application in accordance with the provisions of Section&nbsp;3.9. and, pending such payment, shall be segregated by such Defaulting Lender
from its other funds and deemed held in trust for the benefit of the Administrative Agent, the Issuing Banks and the Lenders and (y)&nbsp;the
Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing
to such Defaulting Lender as to which it exercised such right of setoff. Each Lender and the Issuing Banks agree to make reasonable efforts
to notify the Borrower promptly after any such setoff and application, provided that the failure to give such notice shall not affect
the validity of such setoff and application.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.4.
Litigation; Jurisdiction; Other Matters; Waivers.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EACH
PARTY HERETO ACKNOWLEDGES THAT ANY DISPUTE OR CONTROVERSY BETWEEN OR AMONG THE PARENT, THE BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT>
AGENT, ANY ISSUING BANK OR ANY OF THE LENDERS WOULD BE BASED ON DIFFICULT AND COMPLEX ISSUES OF LAW AND FACT AND WOULD RESULT IN DELAY
AND EXPENSE TO THE PARTIES. ACCORDINGLY, TO THE EXTENT PERMITTED BY APPLICABLE LAW, EACH OF THE LENDERS, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT>
AGENT, THE ISSUING BANKS, THE PARENT AND THE BORROWER HEREBY WAIVES ITS RIGHT TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING OF ANY KIND
OR NATURE IN ANY COURT OR TRIBUNAL IN WHICH AN ACTION MAY BE COMMENCED BY OR AGAINST ANY PARTY HERETO ARISING OUT OF THIS AGREEMENT, THE
NOTES, ANY OTHER LOAN DOCUMENT OR THE FEE LETTERS OR BY REASON OF ANY OTHER SUIT, CAUSE OF ACTION OR DISPUTE WHATSOEVER BETWEEN OR AMONG
THE PARENT, THE BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT> AGENT, ANY ISSUING BANK OR ANY OF THE LENDERS
OF ANY KIND OR NATURE RELATING TO ANY OF THE LOAN DOCUMENTS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EACH
OF THE PARENT, THE BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT> AGENT, EACH ISSUING BANK AND EACH
LENDER HEREBY AGREES THAT THE FEDERAL DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK AND ANY STATE COURT LOCATED IN THE BOROUGH
OF MANHATTAN OF NEW YORK, NEW YORK SHALL HAVE EXCLUSIVE JURISDICTION TO HEAR AND DETERMINE ANY CLAIMS OR DISPUTES BETWEEN OR AMONG
THE PARENT, THE BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT> AGENT, ANY ISSUING BANK OR ANY OF THE
LENDERS, ARISING OUT OF THIS AGREEMENT, ANY OTHER LOAN DOCUMENT OR THE FEE LETTERS <FONT STYLE="font-variant: small-caps">OR IN
CONNECTION WITH </FONT>OR BY REASON OF ANY OTHER SUIT, CAUSE OF ACTION OR DISPUTE WHATSOEVER BETWEEN OR AMONG THE PARENT, THE
BORROWER, THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE </FONT>AGENT, ANY ISSUING BANK OR ANY OF THE LENDERS OF ANY KIND
OR NATURE RELATING TO ANY OF THE LOAN DOCUMENTS. THE PARENT, THE BORROWER, EACH ISSUING BANK AND EACH OF THE LENDERS EXPRESSLY
SUBMIT AND CONSENT IN ADVANCE TO SUCH JURISDICTION IN ANY ACTION OR PROCEEDING COMMENCED IN SUCH COURTS. EACH PARTY FURTHER WAIVES
ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT SUCH ACTION
OR PROCEEDING WAS BROUGHT IN AN INCONVENIENT FORUM AND EACH AGREES NOT TO PLEAD OR CLAIM THE SAME. THE CHOICE OF FORUM SET FORTH IN
THIS SECTION SHALL NOT BE DEEMED TO PRECLUDE THE BRINGING OF ANY ACTION BY THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE </FONT>AGENT,
ANY ISSUING BANK OR ANY LENDER REGARDING THE ENFORCEMENT BY THE <FONT STYLE="font-variant: small-caps">ADMINISTRATIVE</FONT> AGENT,
ANY ISSUING BANK OR ANY LENDER OF ANY JUDGMENT OBTAINED IN SUCH FORUM IN ANY OTHER APPROPRIATE JURISDICTION.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE
PROVISIONS OF THIS SECTION HAVE BEEN CONSIDERED BY EACH PARTY WITH THE ADVICE OF COUNSEL AND WITH A FULL UNDERSTANDING OF THE LEGAL CONSEQUENCES
THEREOF, AND SHALL SURVIVE THE PAYMENT OF THE LOANS AND ALL OTHER AMOUNTS PAYABLE HEREUNDER OR UNDER THE OTHER LOAN DOCUMENTS, THE TERMINATION
OR EXPIRATION OF ALL LETTERS OF CREDIT AND THE TERMINATION OF THIS AGREEMENT.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.5.
Successors and Assigns.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successors
and Assigns Generally</U>. 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, except that neither the Parent or the Borrower may assign or otherwise transfer any
of its rights or obligations hereunder without the prior written consent of the Administrative Agent and each Lender and no Lender may
assign or otherwise transfer any of its rights or obligations hereunder except (i)&nbsp;to an Eligible Assignee in accordance with the
provisions of the immediately following subsection&nbsp;(b), (ii)&nbsp;by way of participation in accordance with the provisions of the
immediately following subsection&nbsp;(d) or (iii)&nbsp;by way of pledge or assignment of a security interest subject to the restrictions
of the immediately following subsection&nbsp;(e) (and, subject to the last sentence of the immediately following subsection (b), any other
attempted assignment or transfer by any party hereto shall be null and void). 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, Participants
to the extent provided in the immediately following subsection&nbsp;(d) and, to the extent expressly contemplated hereby, the Related
Parties of the Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignments
by Lenders</U>. Any Lender may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under
this Agreement (including all or a portion of its Commitments and the Loans at the time owing to it); <U>provided</U> that any such assignment
shall be subject to the following conditions:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Minimum
Amounts</U>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of an assignment of the entire remaining amount of an assigning Revolving Lender&#8217;s Revolving Commitment and the Revolving
Loans at the time owing to it, or, if applicable, in the case of an assignment of the entire remaining amount of an assigning Term Loan
Lender&#8217;s Term Loans, or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount
need be assigned; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
any case not described in the immediately preceding subsection&nbsp;(A), the aggregate amount of a specific Class of Commitments (which
for this purpose includes Loans outstanding thereunder) or, if the applicable Class of Commitment is not then in effect, the principal
outstanding balance of the applicable Class of Loans of the assigning Lender subject to each such assignment (in each case, determined
as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if &#8220;Trade
Date&#8221; is specified in the Assignment and Assumption, as of the Trade Date) shall not be less than $5,000,000 in the case of any
assignment of a Commitment or Loans, unless each of the Administrative Agent and, so long as no Default or Event of Default shall exist,
the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed); provided, however, that if, after giving
effect to such assignment, the amount of the Commitments of a specific Class held by such assigning Lender or, if the applicable Commitment
is not then in effect, the outstanding principal balance of the Loans of such Class of such assigning Lender, as applicable, would be
less than $5,000,000, then such assigning Lender shall assign the entire amount of its Commitment and the Loans of such Class at the time
owing to it.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Proportionate
Amounts</U>. Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender&#8217;s rights
and obligations under this Agreement with respect to the Loan or the Commitment assigned, except that this clause (ii) shall not prohibit
any Lender from assigning all or a portion of its rights and obligations among separate Classes of Commitments or Loans on a non-pro rata
basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Required
Consents</U>. No consent shall be required for any assignment except to the extent required by clause&nbsp;(i)(B) of this subsection&nbsp;(b)
and, in addition:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
consent of the Borrower (such consent not to be unreasonably withheld or delayed) shall be required unless (x)&nbsp;a Default or Event
of Default shall exist at the time of such assignment or (y)&nbsp;such assignment is to a Lender of the same Class of Commitments or Loans,
to an Affiliate of such Lender or an Approved Fund in respect of such Lender; provided that the Borrower shall be deemed to have consented
to any such assignment unless it shall object thereto by written notice to the Administrative Agent within 10&nbsp;Business Days after
having received notice thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed) shall be required for assignments in respect
of (x) a Commitment if such assignment is to a Person that is not already a Lender of the same Class of Commitments, an Affiliate of such
a Lender or an Approved Fund in respect of such a Lender with respect to such Lender or (y) any Term Loan or, if the Revolving Commitments
have been terminated, any Revolving Loan to a Person who is not a Lender, an Affiliate of a Lender or an Approved Fund; and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
the consent of the Issuing Banks and the Swingline Lender (such consent not to be unreasonably withheld or delayed), as applicable, shall
be required for any assignment in respect of a Revolving Commitment; provided, however, that no such consent is required if such assignment
is to a Person that is already a Revolving Lender with a Revolving Commitment, an Affiliate of such Revolving Lender or an Approved Fund
with respect to such Revolving Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignment
and Assumption; Notes</U>. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption,
together with a processing and recordation fee of $4,500 for each assignment (which fee the Administrative Agent may, in its sole discretion,
elect to waive), and the assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. If
requested by the transferor Lender or the assignee, upon the consummation of any assignment, the transferor Lender, the Administrative
Agent and the Borrower shall make appropriate arrangements so that new Notes are issued to the assignee and such transferor Lender, as
appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Assignment to Certain Person</U>. No such assignment shall be made to (A)&nbsp;the Borrower or any of the Borrower&#8217;s Affiliates
or Subsidiaries or (B)&nbsp;to any Defaulting Lender or any of its Subsidiaries, or to any Person who, upon becoming a Lender hereunder,
would constitute any of the foregoing Persons described in this clause&nbsp;(B).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Assignment to Natural Persons</U>. No such assignment shall be made to a natural person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Additional Payments</U>. In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment
shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall
make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate
(which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including
funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but
not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and
satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the Issuing Banks, the Swingline
Lender and each other Lender hereunder (and interest accrued thereon), and (y) acquire (and fund as appropriate) its full pro rata share
of all Loans and participations in Letters of Credit and Swingline Loans in accordance with its Revolving Commitment Percentage and such
that all Term Loans are held by the Term Loan Lenders pro rata as if there had been no Defaulting Lenders that are Term Loan Lenders.
Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become
effective under Applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed
to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Subject to acceptance and recording thereof
by the Administrative Agent pursuant to the immediately following subsection&nbsp;(c), from and after the effective date specified
in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest
assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning
Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations
under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender&#8217;s rights and
obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of
Sections&nbsp;5.4., 13.2. and 13.9. and the other provisions of this Agreement and the other Loan Documents as provided in
Section&nbsp;13.10. with respect to facts and circumstances occurring prior to the effective date of such assignment; provided, that
except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a
waiver or release of any claim of any party hereunder arising from that Lender having been a Defaulting Lender. Any assignment or
transfer by a Lender of rights or obligations under this Agreement that does not comply with this paragraph 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 the
immediately following subsection&nbsp;(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Register</U>.
The Administrative Agent, acting solely for this purpose as a non-fiduciary agent of the Borrower, shall maintain at the Principal Office
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 Commitments of, and principal amounts (and stated interest) of the Loans owing to, each Lender pursuant to the terms hereof from
time to time (the &#8220;Register&#8221;). The entries in the Register shall be conclusive absent manifest error, and the Borrower, the
Administrative Agent 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. The Register shall be available for inspection by the Borrower and any Lender, at
any reasonable time and from time to time upon reasonable prior notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Participations</U>.
Any Lender may at any time, without the consent of, or notice to, the Parent, the Borrower or the Administrative Agent, sell
participations to any Person (other than a natural person or the Borrower or any of their respective Affiliates or Subsidiaries)
(each, a &#8220;Participant&#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 Commitment and/or the Loans owing to it); provided that (i)&nbsp;such Lender&#8217;s obligations
under this Agreement shall remain unchanged, (ii)&nbsp;such Lender shall remain solely responsible to the other parties hereto for
the performance of such obligations and (iii)&nbsp;the Parent, the Borrower, the Administrative Agent, the Issuing Banks and the
Lenders shall continue to deal solely and directly with such Lender in connection with such Lender&#8217;s rights and obligations
under this Agreement. Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such
Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision
of this Agreement; <U>provided</U> that such agreement or instrument may provide that such Lender will not, without the consent of
the Participant, agree to (w)&nbsp;increase such Lender&#8217;s Commitment, (x)&nbsp;extend the date fixed for the payment of
principal on the Loans or portions thereof owing to such Lender, (y)&nbsp;reduce the rate at which interest is payable thereon or
(z)&nbsp;release any Guarantor from its Obligations under the Guaranty except as contemplated by Section&nbsp;8.13.(b), in each
case, as applicable to that portion of such Lender&#8217;s rights and/or obligations that are subject to the participation. The
Borrower agrees that each Participant shall be entitled to the benefits of Sections&nbsp;3.10., 5.1., 5.4. (subject to the
requirements and limitations therein, including the requirements under Section&nbsp;3.10.(g) (it being understood that the
documentation required under Section&nbsp;3.10.(g) shall be delivered to the participating Lender)) to the same extent as if it were
a Lender and had acquired its interest by assignment pursuant to subsection&nbsp;(b) of this Section; <U>provided</U> that such
Participant (A) agrees to be subject to the provisions of Section&nbsp;5.8. as if it were an assignee under subsection&nbsp;(b) of
this Section; and (B) shall not be entitled to receive any greater payment under Sections&nbsp;5.1. or 3.10., with respect to any
participation, than its participating Lender would have been entitled to receive, except to the extent such entitlement to receive a
greater payment results from a Regulatory Change that occurs after the Participant acquired the applicable participation. 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&nbsp;5.8. with respect to any Participant. To the extent permitted by
Applicable Law, each Participant also shall be entitled to the benefits of Section&nbsp;13.3. as though it were a Lender, provided
such Participant agrees to be subject to Section&nbsp;3.3. as though it were a Lender. Each Lender that sells a participation shall,
acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address
of each Participant and the principal amounts (and stated interest) of each Participant&#8217;s interest in the Loans or other
obligations under the Loan Documents (the &#8220;Participant Register&#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 any 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. The entries in
the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded
in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the
contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no
responsibility for maintaining a Participant Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Pledges</U>. Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement
to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that
no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee
for such Lender as a party hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Registration</U>. Each Lender agrees that, without the prior written consent of the Borrower and the Administrative Agent, it will not
make any assignment hereunder in any manner or under any circumstances that would require registration or qualification of, or filings
in respect of, any Loan or Note under the Securities Act or any other securities laws of the United States of America or of any other
jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.6.
Amendments and Waivers.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Generally</U>.
Except as otherwise expressly provided in this Agreement, (i) any consent or approval required or permitted by this Agreement or in
any other Loan Document to be given by the Lenders may be given, (ii) any term of this Agreement or of any other Loan Document may
be amended, (iii) the performance or observance by the Parent, the Borrower, any other Loan Party or any other Subsidiary of any
terms of this Agreement or such other Loan Document may be waived, and (iv) the continuance of any Default or Event of Default may
be waived (either generally or in a particular instance and either retroactively or prospectively) with, but only with, the written
consent of the Requisite Lenders (or the Administrative Agent at the written direction of the Requisite Lenders), and, in the case
of an amendment to any Loan Document, the written consent of each Loan Party which is party thereto. Any term of this Agreement or
of any other Loan Document relating solely to the rights or obligations of the Lenders of a particular Class, and not Lenders of any
other Class, may be amended, and the performance or observance by the Borrower or any other Loan Party or any Subsidiary of any such
terms may be waived (either generally or in a particular instance and either retroactively or prospectively) with, and only with,
the written consent of the Requisite Class Lenders for such Class of Lenders (and, in the case of an amendment to any Loan Document,
the written consent of each Loan Party which is a party thereto). Notwithstanding anything to the contrary contained in this
Section, each Fee Letter may only be amended, and the performance or observance by any Loan Party thereunder may only be waived, in
a writing executed by the parties thereto. Notwithstanding anything to the contrary contained in this Section, the Administrative
Agent and the Borrower may, without the consent of any Lender, enter into amendments or modifications to this Agreement or any of
the other Loan Documents or enter into additional Loan Documents as the Administrative Agent reasonably deems appropriate in order
to implement any Benchmark Replacement, Benchmark Replacement Adjustment or Benchmark Conforming Changes or otherwise effectuate the
terms of Section 5.2. in accordance with the terms of Section 5.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Lender Consents</U>. In addition to the foregoing requirements, no amendment, waiver or consent shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;increase
(or reinstate) the Commitment of a Lender or subject a Lender to any additional obligations without the written consent of such Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;reduce
the principal of, or interest that has accrued or the rates of interest that will be charged on the outstanding principal amount of, any
Loans or other Obligations without the written consent of each Lender directly affected thereby; provided, however, only the written consent
of the Requisite Lenders shall be required for the waiver of interest payable at the Post-Default Rate, retraction of the imposition of
interest at the Post-Default Rate and amendment of the definition of &#8220;Post-Default Rate&#8221;;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;reduce
the amount of any Fees payable to a Lender hereunder or postpone any date fixed for payment thereof without the written consent of such
Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definitions of &#8220;Revolving Commitment Percentage&#8221; without the written consent of each Revolving Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definition of &#8220;Revolving Termination Date&#8221; or clause (a) of the definition of &#8220;Termination Date&#8221; (in each
case, except in accordance with Section&nbsp;2.13.) or otherwise postpone any date fixed for any payment of principal of, or interest
on, any Revolving Loans or for the payment of Fees or any other Obligations (including the waiver of any Default or Event of Default as
a result of the nonpayment of any such Obligations as and when due) owing to the Revolving Lenders, or extend the expiration date of any
Letter of Credit beyond the Revolving Termination Date (except in accordance with Section 2.2(b)), in each case, without the written consent
of each Revolving Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definitions of &#8220;Term Loan Maturity Date&#8221; or clause (b) of the definition of &#8220;Termination Date&#8221; or otherwise
postpone any date fixed for, or forgive any payment of principal of, or interest on, any Term Loans or for the payment of Fees or any
other Obligations owing to the Term Loan Lenders, in each case, without the written consent of each Term Loan Lender directly affected
thereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;while
any Term Loans are outstanding, amend, modify or waive (A) Section 6.2. or any other provision of this Agreement if the effect of such
amendment, modification or waiver is to require the Revolving Lenders to make Revolving Loans when such Lenders would not otherwise be
required to do so, (B) the amount of the Swingline Commitment or (C) the L/C Commitment Amount, in each case, without the prior written
consent of the Requisite Class Lenders of the Revolving Lenders;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definition of &#8220;Pro Rata Share&#8221; or amend or otherwise modify the provisions of Section&nbsp;3.2., in each case, without
the written consent of each affected Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amend
this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect
the substance of this Section, in each case, without the written consent of each Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definition of the term &#8220;Requisite Lenders&#8221; or, except as otherwise provided in the immediately following clause (xi),
modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or
to modify any provision hereof, in each case, without the written consent of each Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;modify
the definition of the term &#8220;Requisite Class Lenders&#8221; as it relates to a particular Class of Lenders or modify in any other
manner the number or percentage of a Class of Lenders required to make any determination or waive any rights hereunder or to modify any
provision hereof, in each case, solely with respect to such Class of Lenders, without the written consent of each Lender in such Class;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;release
the Parent as a Guarantor or any other Guarantor from its obligations under the Guaranty except as contemplated by Section&nbsp;8.15.,
without the written consent of each Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xiii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;waive
a Default or Event of Default under Section&nbsp;11.1.(a) or Section&nbsp;11.1.(b), in each case, without the written consent of each
Lender directly affected thereby; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(xiv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amend,
or waive the Borrower&#8217;s compliance with, Section&nbsp;2.15., in each case, without the written consent of each Revolving Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendment
of Administrative Agent&#8217;s Duties, Etc</U>. No amendment, waiver or consent unless in writing and signed by the Administrative Agent,
in addition to the Lenders required hereinabove to take such action, shall affect the rights or duties of the Administrative Agent under
this Agreement or any of the other Loan Documents. Any amendment, waiver or consent relating to Section&nbsp;2.3. or the obligations of
the Issuing Banks under this Agreement or any other Loan Document shall, in addition to the Lenders required hereinabove to take such
action, require the written consent of the Issuing Banks. Any amendment, waiver or consent relating to Section 2.4. or the obligations
of the Swingline Lender under this Agreement or any other Loan Document shall, in addition to the Lenders required hereinabove to take
such action, require the written consent of the Swingline Lender. No waiver shall extend to or affect any obligation not expressly waived
or impair any right consequent thereon and any amendment, waiver or consent shall be effective only in the specific instance and for the
specific purpose set forth therein. Notwithstanding anything to the contrary herein, no Defaulting Lender 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 Lenders or each affected Lender may be effected with the consent of the applicable Lenders other than Defaulting Lenders), except
that (x) the Commitments of any Defaulting Lender may not be increased, reinstated or extended without the written consent of such Defaulting
Lender and (y) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that by its terms affects
any Defaulting Lender more adversely than other affected Lenders shall require the written consent of such Defaulting Lender. Except as
otherwise provided in Section&nbsp;12.5., no course of dealing or delay or omission on the part of the Administrative Agent or any Lender
in exercising any right shall operate as a waiver thereof or otherwise be prejudicial thereto. Any Event of Default occurring hereunder
shall continue to exist until such time as such Event of Default is waived in writing in accordance with the terms of this Section, notwithstanding
any attempted cure or other action by the Borrower, any other Loan Party or any other Person subsequent to the occurrence of such Event
of Default. Except as otherwise explicitly provided for herein or in any other Loan Document, no notice to or demand upon any Loan Party
shall entitle such Loan Party to other or further notice or demand in similar or other circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Technical
Amendments</U>. Notwithstanding anything to the contrary in this Section&nbsp;13.6., if the Administrative Agent and the Borrower
have jointly identified an ambiguity, omission, mistake or defect in any provision of this Agreement or an inconsistency between
provisions of this Agreement, the Administrative Agent and the Borrower shall be permitted to amend such provision or provisions to
cure such ambiguity, omission, mistake, defect or inconsistency so long as to do so would not adversely affect the interests of the
Lenders and the Issuing Banks. Any such amendment shall become effective without any further action or consent of any other party to
this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.7.
Nonliability of Administrative Agent and Lenders.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The relationship between the
Borrower, on the one hand, and the Lenders, the Issuing Banks and the Administrative Agent, on the other hand, shall be solely that of
borrower and lender. None of the Administrative Agent, any Issuing Bank or any Lender shall have any fiduciary responsibilities to the
Borrower or the Parent and no provision in this Agreement or in any of the other Loan Documents, and no course of dealing between or among
any of the parties hereto, shall be deemed to create any fiduciary duty owing by the Administrative Agent, any Issuing Bank or any Lender
to any Lender, the Borrower, any Subsidiary or any other Loan Party. None of the Administrative Agent, any Issuing Bank or any Lender
undertakes any responsibility to the Borrower or the Parent to review or inform the Borrower or the Parent of any matter in connection
with any phase of the business or operations of the Borrower or the Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.8.
Confidentiality.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative
Agent, each Issuing Bank and each Lender shall maintain the confidentiality of all Information (as defined below) but in any event
may make disclosure: (a)&nbsp;to its Affiliates and to its and its Affiliates&#8217; other respective Related Parties (it being
understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and
instructed to keep such Information confidential); (b)&nbsp;subject to an agreement containing provisions substantially the same as
those of this Section, to (i)&nbsp;any actual or proposed assignee, Participant or other transferee in connection with a potential
transfer of any Commitment or participation therein as permitted hereunder, or (ii)&nbsp;any actual or prospective counterparty (or
its advisors) to any swap or derivative transaction relating to the Borrower and its obligations; (c)&nbsp;as required or requested
by any Governmental Authority or representative thereof or pursuant to legal process or in connection with any legal proceedings, or
as otherwise required by Applicable Law; (d)&nbsp;to the Administrative Agent&#8217;s, such Issuing Bank&#8217;s or such
Lender&#8217;s independent auditors and other professional advisors (provided they shall be notified of the confidential nature of
the information); (e)&nbsp;in connection with the exercise of any remedies under any Loan Document (or any Specified Derivatives
Contract) or any action or proceeding relating to any Loan Document (or any Specified Derivatives Contract) or the enforcement of
rights hereunder or thereunder; (f)&nbsp;to the extent such Information (i)&nbsp;becomes publicly available other than as a result
of a breach of this Section actually known by the Administrative Agent, such Issuing Bank or such Lender to be a breach of this
Section or (ii)&nbsp;becomes available to the Administrative Agent, any Issuing Bank, any Lender or any Affiliate of the
Administrative Agent, any Issuing Bank or any Lender on a nonconfidential basis from a source other than the Borrower or any
Affiliate of the Borrower; (g)&nbsp;to the extent requested by, or required to be disclosed to, any nationally recognized rating
agency or regulatory or similar authority (including any self-regulatory authority, such as the National Association of Insurance
Commissioners) having or purporting to have jurisdiction over it; (h)&nbsp;to bank trade publications, such information to consist
of deal terms and other information customarily found in such publications; (i)&nbsp;to any other party hereto; (j)&nbsp;on a
confidential basis to the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers
with respect to the Loan Documents; and (k)&nbsp;with the consent of the Borrower. Notwithstanding the foregoing, the Administrative
Agent, each Issuing Bank and each Lender may disclose any such confidential information, without notice to the Borrower or any other
Loan Party, to Governmental Authorities in connection with any regulatory examination of the Administrative Agent, such Issuing Bank
or such Lender or in accordance with the regulatory compliance policy of the Administrative Agent, such Issuing Bank or such Lender.
As used in this Section, the term &#8220;Information&#8221; means all information received from the Borrower, any other Loan Party,
any other Subsidiary or Affiliate relating to any Loan Party or any of their respective businesses, other than any such information
that is available to the Administrative Agent, any Lender or any Issuing Bank on a nonconfidential basis prior to disclosure by the
Borrower, any other Loan Party, any other Subsidiary or any Affiliate, provided that, in the case of any such information received
from the Borrower, any other Loan Party, any other Subsidiary or any Affiliate after the date hereof, such information is clearly
identified at the time of delivery as confidential. Any Person required to maintain the confidentiality of Information as provided
in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of
care to maintain the confidentiality of such Information as such Person would accord to its own confidential information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.9.
Indemnification.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower shall indemnify the Administrative Agent (and any sub-agent thereof), the Issuing Banks, each Lender and each Related Party of
any of the foregoing Persons (each such Person being called an &#8220;Indemnified Party&#8221;) against, and hold each Indemnified Party
harmless from, and shall pay or reimburse any such Indemnified Party for, any and all losses, claims (including without limitation, Environmental
Claims), damages, liabilities and related expenses (including without limitation, the fees, charges and disbursements of any counsel for
any Indemnified Party (which counsel may be employees of any Indemnified Party)), incurred by any Indemnified Party or asserted against
any Indemnified Party by any Person (including the Borrower, any other Loan Party or any other Subsidiary) other than such Indemnified
Party and its Related Parties, arising out of, in connection with, or as a result of (i)&nbsp;the execution or delivery of this Agreement,
any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto or thereto
of their respective obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, (ii)&nbsp;any
Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by an Issuing Bank to honor a demand
for payment under a Letter of Credit issued by it if the documents presented in connection with such demand do not strictly comply with
the terms of such Letter of Credit), (iii)&nbsp;any actual or alleged presence or release of Hazardous Materials on or from any property
owned or operated by the Borrower, any other Loan Party or any other Subsidiary, or any Environmental Claim related in any way to the
Borrower, any other Loan Party or any other Subsidiary, (iv)&nbsp;any actual or prospective claim, litigation, investigation or proceeding
(an &#8220;Indemnity Proceeding&#8221;) relating to any of the foregoing, whether based on contract, tort or any other theory, whether
brought by a third party or by the Borrower, any other Loan Party or any other Subsidiary, and regardless of whether any Indemnified Party
is a party thereto, or (v)&nbsp;any claim (including without limitation, any Environmental Claims), investigation, litigation or other
proceeding (whether or not the Administrative Agent, any Issuing Bank or any Lender is a party thereto) and the prosecution and defense
thereof, arising out of or in any way connected with the Loans, this Agreement, any other Loan Document, or any documents contemplated
by or referred to herein or therein or the transactions contemplated hereby or thereby, including without limitation, reasonable attorneys
and consultant&#8217;s fees; provided, however, that such indemnity shall not, as to any Indemnified Party, be available to the extent
that such losses, claims, damages, liabilities or related expenses (i) are determined by a court of competent jurisdiction by final and
nonappealable judgment to have resulted from the gross negligence, bad faith or willful misconduct of such Indemnified Party or (ii) resulted
from any dispute solely between and among Indemnified Parties that does not arise from an act or omission by any Loan Party or any of
its Affiliates (other than with respect to a claim against an Indemnified Party acting in its capacity as Administrative Agent or arranger
or similar role under the Loan Documents); <U>provided</U>, that this Section 13.9.(a) shall not apply with respect to Taxes other than
any Taxes that represent losses or damages arising under any non-Tax claim.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
and to the extent that the obligations of the Borrower under this Section are unenforceable for any reason, the Borrower hereby agrees
to make the maximum contribution to the payment and satisfaction of such obligations which is permissible under Applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower&#8217;s obligations under this Section shall survive any termination of this Agreement and the other Loan Documents and the payment
in full in cash of the Obligations, and are in addition to, and not in substitution of, any of the other obligations set forth in this
Agreement or any other Loan Document to which it is a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">References in this Section&nbsp;13.9. to &#8220;Lender&#8221;
or &#8220;Lenders&#8221; shall be deemed to include such Persons (and their Affiliates) in their capacity as Specified Derivatives Providers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.10.
Termination; Survival.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Agreement shall terminate
at such time as (a)&nbsp;all of the Commitments have been terminated, (b)&nbsp;all Letters of Credit have terminated or expired or been
canceled (other than Extended Letters of Credit in respect of which the Borrower has satisfied the requirements to provide Cash Collateral
as required by Section 2.3.(b)), (c)&nbsp;none of the Lenders is obligated any longer under this Agreement to make any Loans and no Issuing
Bank is obligated any longer under this Agreement to issue Letters of Credit and (d)&nbsp;all Obligations (other than obligations which
survive as provided in the following sentence) have been paid and satisfied in full. The indemnities to which the Administrative Agent,
the Issuing Banks and the Lenders are entitled under the provisions of Sections&nbsp;3.10., 5.1., 5.4., 12.7., 13.2. and 13.9. and any
other provision of this Agreement and the other Loan Documents, and the provisions of Section&nbsp;13.4., shall continue in full force
and effect and shall protect the Administrative Agent, the Issuing Banks and the Lenders (i)&nbsp;notwithstanding any termination of this
Agreement, or of the other Loan Documents, against events arising after such termination as well as before and (ii)&nbsp;at all times
after any such party ceases to be a party to this Agreement with respect to all matters and events existing on or prior to the date such
party ceased to be a party to this Agreement. The Administrative Agent agrees to furnish to the Borrower, upon the Borrower&#8217;s request
and at the Borrower&#8217;s sole cost and expense, any release, termination, or other agreement or document evidencing the foregoing termination.
The provisions of Section 13.9 shall survive termination of this Agreement for a period of one year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.11.
Severability of Provisions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If any provision under this
Agreement or the other Loan Documents shall be determined by a court of competent jurisdiction to be invalid or unenforceable, that provision
shall be deemed severed from the Loan Documents, and the validity, legality and enforceability of the remaining provisions shall remain
in full force as though the invalid, illegal, or unenforceable provision had never been part of the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.12.
GOVERNING LAW.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS AGREEMENT SHALL BE GOVERNED
BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN
SUCH STATE.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.13.
Counterparts.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">To facilitate execution,
this Agreement and any amendments, waivers, consents or supplements may be executed in any number of counterparts as may be
convenient or required (which may be effectively delivered by facsimile, in portable document format (&#8220;PDF&#8221;) or other
similar electronic means). It shall not be necessary that the signature of, or on behalf of, each party, or that the signature of
all persons required to bind any party, appear on each counterpart. All counterparts shall collectively constitute a single
document. It shall not be necessary in making proof of this document to produce or account for more than a single counterpart
containing the respective signatures of, or on behalf of, each of the parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.14.
Obligations with Respect to Loan Parties.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The obligations of the Parent
or the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties as specified herein shall be absolute and
not subject to any defense the Parent or the Borrower may have that the Parent or the Borrower does not control such Loan Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.15.
Independence of Covenants.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">All covenants hereunder shall
be given in any jurisdiction independent effect so that if a particular action or condition is not permitted by any of such covenants,
the fact that it would be permitted by an exception to, or be otherwise within the limitations of, another covenant shall not avoid the
occurrence of a Default or an Event of Default if such action is taken or condition exists.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.16.
Limitation of Liability.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">None of the Administrative
Agent, any Issuing Bank or any Lender, or any Related Party shall have any liability with respect to, and each of the Parent and the Borrower
hereby waives, releases, and agrees not to sue any of them upon, any claim for any special, indirect, incidental, or consequential damages
suffered or incurred by the Borrower in connection with, arising out of, or in any way related to, this Agreement, any of the other Loan
Documents or the Fee Letters, or any of the transactions contemplated by this Agreement or any of the other Loan Documents. Each of the
Parent and the Borrower hereby waives, releases, and agrees not to sue the Administrative Agent, any Issuing Bank or any Lender or any
of the Administrative Agent&#8217;s, any Issuing Bank&#8217;s or any Lender&#8217;s affiliates, officers, directors, employees, attorneys,
or agents for punitive damages in respect of any claim in connection with, arising out of, or in any way related to, this Agreement, any
of the other Loan Documents, the Fee Letters, or any of the transactions contemplated by this Agreement or financed hereby. No Indemnified
Party referred to in Section 13.9. shall be liable for damages arising from the use by unintended recipients of any information or other
materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement
or the other Loan Documents or the transactions contemplated hereby or thereby, except to the extent resulting from such Indemnified Party&#8217;s
gross negligence or willful misconduct (as determined by a court of competent jurisdiction in a final, non-appealable judgment).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.17.
Entire Agreement.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Agreement, the Notes,
the other Loan Documents and the Fee Letters embody the final, entire agreement among the parties hereto and supersede any and all prior
commitments, agreements, representations, and understandings, whether written or oral, relating to the subject matter hereof and thereof
and may not be contradicted or varied by evidence of prior, contemporaneous, or subsequent oral agreements or discussions of the parties
hereto. There are no oral agreements among the parties hereto. To the extent any term of this Agreement is inconsistent with a term of
any other Loan Document to which the parties of this Agreement are party, the term of this Agreement shall control to the extent of such
inconsistency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.18.
Construction.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent,
each Issuing Bank, the Parent, the Borrower and each Lender acknowledge that each of them has had the benefit of legal counsel of its
own choice and has been afforded an opportunity to review this Agreement and the other Loan Documents with its legal counsel and that
this Agreement and the other Loan Documents shall be construed as if jointly drafted by the Administrative Agent, each Issuing Bank, the
Parent, the Borrower and each Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.19.
Headings.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The paragraph and section
headings in this Agreement are provided for convenience of reference only and shall not affect its construction or interpretation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">Section&nbsp;13.20. No Novation.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THE PARTIES HERETO HAVE ENTERED
INTO THIS AGREEMENT SOLELY TO AMEND AND RESTATE THE TERMS OF THE EXISTING CREDIT AGREEMENT. THE PARTIES DO NOT INTEND THIS AGREEMENT OR
THE TRANSACTIONS CONTEMPLATED HEREBY TO BE, AND THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY SHALL NOT BE CONSTRUED TO BE,
A NOVATION OF ANY OF THE OBLIGATIONS OWING BY THE BORROWER UNDER OR IN CONNECTION WITH THE EXISTING CREDIT AGREEMENT OR ANY OF THE OTHER
LOAN DOCUMENTS (AS DEFINED IN THE EXISTING CREDIT AGREEMENT).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">Section&nbsp;13.21. New York Mortgages.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Generally</U>.
The parties hereto acknowledge and agree that as an accommodation to the Parent and the Borrower, the Administrative Agent, the Issuing
Banks and the Lenders may, from time to time, in their sole discretion, accept the benefits of Mortgages encumbering real property located
in the State of New York assigned from time to time pursuant to the terms of this Section to the Administrative Agent, for its benefit
and the benefit of the Issuing Banks and the Lenders (any such Mortgage a &#8220;New York Mortgage&#8221;). Any Lender&#8217;s agreement
to accept the benefit of a New York Mortgage in its sole discretion will be subject to, among other things, such Lender&#8217;s determination
that the real property subject to such Mortgage is not in a special flood hazard area.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignment
of New York Mortgages</U>. In connection with the acceptance of the benefits of a New York Mortgage by the Administrative Agent, the Issuing
Banks and the Lenders, the Borrower shall cause to be delivered to the Administrative Agent each of the following, in form and substance
satisfactory to the Administrative Agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
originals (or if not available, copies) of each outstanding promissory note evidencing the Indebtedness secured by such New York Mortgage,
duly endorsed (by allonge or otherwise) to the order of the Administrative Agent (collectively, &#8220;Existing New York Notes&#8221;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
amended and restated promissory note (each a &#8220;Restated New York Note&#8221;) which amends, restates and, if applicable,
consolidates the applicable Existing New York Notes, which (x)&nbsp;shall be payable to the order of the Administrative Agent for
the benefit of itself, the Issuing Banks and the Lenders, (y)&nbsp;shall be in an initial aggregate principal amount equal to the
principal amount of Loans advanced hereunder in connection with the transfer of such Existing New York Notes to the Administrative
Agent for the benefit of itself, the Issuing Banks and the Lenders and (z) shall incorporate by reference all of the applicable
terms and conditions of this Agreement and the other Loan Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
copy of such New York Mortgage, including all amendments thereto, showing all recording information thereon certified to the knowledge
of an authorized officer of the Borrower as being true, correct and complete;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
assignment of such New York Mortgage, in recordable form, executed by each holder of the Indebtedness secured by such New York Mortgage
(or an authorized agent acting on behalf of each such holder);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
modification to such New York Mortgage executed by the applicable Loan Parties, such modification, among other things, to modify such
New York Mortgage (x)&nbsp;to provide that it secures the applicable Restated New York Note, (y)&nbsp;to provide that the maximum principal
sum of Obligations secured by such New York Mortgage at execution or in the future shall not exceed the initial principal amount of the
applicable Restated New York Note and (z)&nbsp;to include language reasonably satisfactory to the Administrative Agent to the effect that
payments in respect of the Obligations shall not be deemed to reduce the amount of the Obligations secured by such New York Mortgage until
such time as the outstanding principal amount of the Obligations shall have been reduced to the initial principal amount of the applicable
Restated New York Note;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;terminations
of, or assignments and modifications to, any assignment of leases and rents, financing statements and any other document, instrument or
agreement securing the Indebtedness secured by such New York Mortgage, as the Administrative Agent may reasonably request;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
copy of any Phase I or II Environmental Site Assessment report on the Property subject to such New York Mortgage available to the Borrower,
and if reasonably requested by the Administrative Agent, reliance letters from the environmental engineering firms performing such assessments
addressed to the Administrative Agent, the Issuing Banks and the Lenders; provided, however, if such a reliance letter is not provided,
the Administrative Agent, the Issuing Banks and the Lenders shall have no obligation to accept an assignment of such New York Mortgage;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
environmental indemnity agreement executed by the Borrower, the Parent and any other Loan Party that owns or leases the Property encumbered
by such New York Mortgage in favor of the Administrative Agent for its benefit and the benefit of the Issuing Banks and the Lenders and
in a form reasonably acceptable to the Administrative Agent; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
other documents, agreements and instruments as the Administrative Agent on behalf of the Issuing Banks and the Lenders may reasonably
request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Release
of New York Mortgages</U>. Notwithstanding any other provision of this Agreement or any other Loan Document to the contrary,
including without limitation, Section&nbsp;13.7., (i)&nbsp;upon the Borrower&#8217;s written request and at the Borrower&#8217;s
sole cost and expense, the Administrative Agent shall release any or all of the New York Mortgages or assign any or all of the New
York Mortgages to any Person requested by the Borrower (any such assignment to be without recourse or warranty whatsoever) and
(ii)&nbsp;the Administrative Agent may in its discretion or in accordance with the Intercreditor Agreement, and shall at the
direction of the Requisite Lenders, release any or all of the New York Mortgages if the Administrative Agent has, or the Requisite
Lenders have, reasonably determined that holding any of such New York Mortgages could be detrimental to the Administrative Agent or
the Lenders, and so long as the Administrative Agent shall have given the Borrower written notice at least 5 days prior to any such
release; provided, however, the Administrative Agent shall not be required to give any such prior notice to the Borrower if the
Administrative Agent, in its sole discretion, has determined that delay of such release would be detrimental to the Administrative
Agent or the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnity</U>.
Not in limitation of any of the Borrower&#8217;s obligations under Section&nbsp;13.2. or 13.10., the Borrower shall and hereby agrees
to indemnify, defend and hold harmless the Administrative Agent, each Issuing Bank, each Lender and each other Indemnified Party from
and against any and all losses, costs, claims, damages, liabilities, deficiencies, judgments or expenses of every kind and nature (including,
without limitation, amounts paid in settlement, court costs and the fees and disbursements of counsel incurred in connection with any
litigation, investigation, claim or proceeding or any advice rendered in connection therewith) incurred by an Indemnified Party in connection
with, arising out of, or by reason of, any Indemnity Proceeding which is in any way related directly or indirectly to (i)&nbsp;the failure
of any Person to pay any recording tax payable pursuant to N.Y. Tax Law, Ch. 60, Art. 11, Sec. 253 et seq. or other Applicable Laws of
the State of New York or any political subdivision of such State or (ii)&nbsp;any New York Mortgage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower represents and warrants that no Property encumbered by a New York Mortgage is located in an area determined by the Federal Emergency
Management Agency to have special flood hazards. If at any time in the future the Borrower becomes aware that any portion of a Property
encumbered by a New York Mortgage is located in an area determined by the Federal Emergency Management Agency as special flood hazard
area, then the Borrower will promptly notify the Administrative Agent. Unless (i) the Borrower promptly obtains flood insurance coverage
required pursuant to the Flood Insurance Laws and takes such other measures relating to such special flood hazard area reasonably requested
by the Administrative Agent and each Lender and (ii) the Borrower, the Administrative Agent and each affected Lender otherwise agree that
the New York Mortgage can continue to be provided under this Section 13.21, the New York Mortgage relating to such Property which is in
a special flood hazard area will be released pursuant to clause (c) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.22.
Acknowledgement and Consent to Bail-In of Affected Financial Institutions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">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 Affected Financial Institution arising under any Loan Document may be subject to the Write-Down and Conversion
Powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which
may be payable to it by any party hereto that is an Affected Financial Institution; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
effects of any Bail-In Action on any such liability, including, if applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
reduction in full or in part or cancellation of any such liability;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
variation of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of the applicable Resolution
Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.23.
Acknowledgement Regarding Any Supported QFCs.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">To the extent that the Loan
Documents provide support, through a guarantee or otherwise, for a Derivatives Contract or any other agreement or instrument that is a
QFC (such support, &#8220;QFC Credit Support&#8221; and each such QFC a &#8220;Supported QFC&#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.S.
Special Resolution Regimes&#8221;) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding
that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the
United States or any other state of the United States):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In the event a Covered Entity
that is party to a Supported QFC (each, a &#8220;Covered Party&#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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.24.
New Lenders; Exiting Lenders.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative
Agent, the Borrower and each Lender agree that upon the Effective Date, the outstanding Revolving Loans and the participation
interests of the Revolving Lenders in any outstanding Letters of Credit and Swingline Loans under the Existing Credit Agreement
shall be allocated among the Revolving Lenders in accordance with their respective Revolving Commitment Percentages calculated based
on the Revolving Commitments of the Revolving Lenders set forth on Schedule I attached hereto (the &#8220;Post-Amendment Revolving
Commitment Percentage&#8221;). To effect such allocations, each Revolving Lender whose Post-Amendment Revolving Commitment
Percentage exceeds the amount of such Revolving Lender&#8217;s Revolving Commitment Percentage immediately prior to the
effectiveness of this Amendment and any New Lender (as defined below) providing a new Revolving Commitment shall make a Revolving
Loan in such amount as is necessary so that the aggregate principal amount of Revolving Loans held by such Lender shall equal such
Revolving Lender&#8217;s Post-Amendment Revolving Commitment Percentage of the aggregate outstanding principal amount of the
Revolving Loans as of the Effective Date. The Administrative Agent shall make such amounts of the proceeds of such Revolving Loans
available (a) to each Revolving Lender whose Post-Amendment Revolving Commitment Percentage is less than the amount of such
Revolving Lender&#8217;s Revolving Commitment Percentage immediately prior to the effectiveness of this Amendment as is necessary so
that the aggregate principal amount of Revolving Loans held by such Revolving Lender shall equal such Lender&#8217;s Post-Amendment
Revolving Commitment Percentage of the aggregate outstanding principal amount of the Revolving Loans as of the Effective Date and
(b) to the Exiting Lenders (as defined below) as is necessary to repay in full the Revolving Loans owing to such Exiting
Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each new Lender identified
in its signature page hereto as a &#8220;New Lender&#8221; under the Credit Agreement on the Effective Date (each, a &#8220;New Lender&#8221;)
hereby agrees to provide a new Revolving Commitment and/or Term Loan Commitment, as the case may be, in the amount set forth opposite
such New Lender&#8217;s name on Schedule I attached hereto. On the Effective Date, each New Lender agrees to become and shall be deemed
a Lender for all purposes of the Credit Agreement, and each reference to the Lenders in the Credit Agreement shall be deemed to include
each New Lender. Each New Lender hereby appoints Wells Fargo Bank, National Association as the Administrative Agent and authorizes the
Administrative Agent to take such action on its behalf and to exercise such powers under the Credit Agreement and other Loan Documents
as are delegated to the Administrative Agent by the terms thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On the Effective Date, the
Revolving Commitments of each Revolving Lender identified in its signature page hereto as an &#8220;Exiting Lender&#8221; under the Credit
Agreement on the Effective Date (each, an &#8220;Exiting Lender&#8221;) shall be terminated, all outstanding amounts due under the Credit
Agreement and the other Loan Documents to the Exiting Lenders on the Effective Date shall be paid in full, and each Exiting Lender shall
cease to be a Lender under the Credit Agreement; provided that obligations of the Loan Parties under the Loan Documents that are intended
to survive any Lender ceasing to be a Lender or a party to any Loan Document shall survive in accordance with their respective terms for
the benefit of such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Administrative Agent,
the Borrower and each Lender confirms as of the date hereof the amount of each such Lender&#8217;s Commitment as set forth opposite such
Lender&#8217;s name on Schedule I attached hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">Section&nbsp;13.25.
Intercreditor Agreement.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">BY ACCEPTING THE BENEFITS
OF THE SECURITY INTERESTS SET FORTH HEREIN THE LENDER PARTIES HEREBY (A) CONSENT TO AND APPROVE EACH AND ALL OF THE PROVISIONS OF THE
INTERCREDITOR AGREEMENT, (B) AGREE THAT, UPON THE ADMINISTRATIVE AGENT&#8217;S EXECUTION OF THE INTERCREDITOR AGREEMENT, THEY WILL BE
BOUND BY AND WILL TAKE NO ACTIONS CONTRARY TO THE PROVISIONS OF THE INTERCREDITOR AGREEMENT, (C) ACKNOWLEDGE THAT THE LIENS SECURING THE
OBLIGATIONS, AND THE EXERCISE OF RIGHTS AND REMEDIES GRANTED TO THE ADMINISTRATIVE AGENT AND LENDER PARTIES UNDER THE PLEDGE AGREEMENT
AND THE OTHER LOAN DOCUMENTS WITH RESPECT TO SUCH LIENS, ARE SUBJECT TO THE INTERCREDITOR AGREEMENT AND (D) IRREVOCABLY AUTHORIZE AND
DIRECT THE ADMINISTRATIVE AGENT TO EXECUTE AND DELIVER THE INTERCREDITOR AGREEMENT AND TO PERFORM ITS OBLIGATIONS THEREUNDER. IN THE EVENT
OF ANY CONFLICT BETWEEN THE TERMS OF THE INTERCREDITOR AGREEMENT AND THIS AGREEMENT, THE TERMS OF THE INTERCREDITOR AGREEMENT SHALL GOVERN.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signatures on Following Pages]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>drh-20220204_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
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    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>drh-20220204_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.12a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
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</head>
<body>
<span style="display: none;">v3.22.0.1</span><table class="report" border="0" cellspacing="2" id="idm139663987326872">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Feb. 04, 2022</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</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="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Feb.  04,  2022<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-32514<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">DiamondRock Hospitality Company<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001298946<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">20-1180098<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">2 Bethesda Metro Center, Suite 1400<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Bethesda<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">20814<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">240<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">744-1150<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.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="top.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="top.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="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</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="top.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="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, $0.01 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="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">DRH<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.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="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember', window );">Series A Preferred Stock [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="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">8.250% Series A Cumulative Redeemable Preferred Stock, par value $0.01 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="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">DRH Pr A<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</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_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.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>
</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_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</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_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.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>
</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_us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
